Performance analysis of Nuveen Dynamic Municipal Opportunities Fund (NDMO)
Annual Return
Over the past 3 years, NDMO has had an average annual return of +6.34%, underperforming the benchmark SPY, which returned +19.31% annual.
Over the past 5 years, NDMO has had an average annual return of -3.20%, underperforming the benchmark SPY, which returned +12.55% annual.
Since Aug 27, 2020, NDMO has had an average annual return of +0.33%, underperforming the benchmark SPY, which returned +15.29% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +6.38% | +8.21% | +8.33% | +7.25% | -35.41% | +12.13% | +5.28% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.79% | +2.91% | -2.70% | +1.28% | +1.09% | +0.57% | -0.59% | +6.38% | |||||
| 2025 | +4.72% | +1.65% | -2.07% | -2.79% | +2.45% | +0.41% | -1.98% | +2.39% | +4.73% | +2.52% | +0.96% | -4.59% | +8.21% |
| 2024 | +5.18% | +5.82% | +0.47% | -1.37% | +1.80% | +0.48% | +0.75% | +1.23% | +3.52% | -3.84% | +1.43% | -6.76% | +8.33% |
| 2023 | +15.19% | -4.32% | -1.67% | +1.14% | +0.13% | -3.30% | +8.88% | -4.26% | -5.83% | -6.44% | +8.25% | +1.64% | +7.25% |
| 2022 | -8.57% | -6.23% | -6.65% | -11.97% | +7.19% | -8.29% | +11.35% | -6.66% | -9.28% | -7.56% | +15.21% | -7.13% | -35.41% |
| 2021 | +2.35% | -1.98% | +4.02% | +3.28% | +0.89% | +1.66% | +3.06% | -3.97% | -2.87% | -1.78% | +0.56% | +6.84% | +12.13% |
| 2020 | +0.40% | -1.31% | +0.51% | +0.50% | +5.19% | +5.28% |
Drawdown analysis of Nuveen Dynamic Municipal Opportunities Fund (NDMO)
The maximum drawdown for the NDMO was -42.50%, occurring on Oct 27, 2022. This drawdown has not yet recovered.
The current NDMO drawdown is -17.28%.
Since Aug 27, 2020 NDMO has experienced the following drawdowns:
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.50% | Jul 13, 2021 | 327 | Oct 27, 2022 | Ongoing | Ongoing | Ongoing |
| -4.93% | Feb 3, 2021 | 30 | Mar 18, 2021 | 25 | Apr 23, 2021 | 55 |
| -3.18% | May 10, 2021 | 3 | May 13, 2021 | 12 | Jun 1, 2021 | 15 |
| -2.32% | Jun 24, 2021 | 2 | Jun 28, 2021 | 6 | Jul 7, 2021 | 8 |
| -2.09% | Dec 29, 2020 | 5 | Jan 6, 2021 | 15 | Jan 28, 2021 | 20 |
| -2.00% | Aug 28, 2020 | 34 | Oct 16, 2020 | 32 | Dec 2, 2020 | 66 |
| -1.77% | Jun 3, 2021 | 4 | Jun 9, 2021 | 3 | Jun 14, 2021 | 7 |
| -1.39% | Apr 30, 2021 | 2 | May 4, 2021 | 3 | May 7, 2021 | 5 |
| -1.36% | Dec 22, 2020 | 1 | Dec 23, 2020 | 1 | Dec 24, 2020 | 2 |
| -1.29% | Jun 14, 2021 | 2 | Jun 16, 2021 | 3 | Jun 21, 2021 | 5 |
| -1.04% | Dec 10, 2020 | 1 | Dec 11, 2020 | 1 | Dec 14, 2020 | 2 |
| -0.97% | Dec 17, 2020 | 2 | Dec 21, 2020 | 1 | Dec 22, 2020 | 3 |
| -0.76% | Jun 21, 2021 | 2 | Jun 23, 2021 | 1 | Jun 24, 2021 | 3 |
| -0.64% | Jul 8, 2021 | 1 | Jul 9, 2021 | 2 | Jul 13, 2021 | 3 |
| -0.64% | Dec 24, 2020 | 1 | Dec 28, 2020 | 1 | Dec 29, 2020 | 2 |
| -0.45% | Dec 14, 2020 | 1 | Dec 15, 2020 | 2 | Dec 17, 2020 | 3 |
| -0.30% | Apr 26, 2021 | 2 | Apr 28, 2021 | 2 | Apr 30, 2021 | 4 |
| -0.27% | Dec 4, 2020 | 1 | Dec 7, 2020 | 1 | Dec 8, 2020 | 2 |
| -0.26% | Dec 8, 2020 | 1 | Dec 9, 2020 | 1 | Dec 10, 2020 | 2 |