Nuveen Massachusetts Quality Municipal Income Fund (NMT) Total Return Calculator
$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026
$10,000 invested in Nuveen Massachusetts Quality Municipal Income Fund (NMT) ten years ago, at the end of Oct 2016, was worth $11,307 at the end of Oct 2026 with every dividend reinvested: 1.2% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $20,159 reinvested (3.8% a year), or $17,512 taking the dividends as cash, $9,606 of it paid out along the way.
NMT became
$20,159
S&P 500: $72,756
Return a year
3.8%
S&P 500: 11.1%
Payouts reinvested
$15,647
bought more shares
Worst drop
-37.8%
S&P 500: -48.2%
$10,000, Dec 2007 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | NMT total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −5.9% | $1,196 | +11.7% |
| 2025 | +5.8% | $1,517 | +17.7% |
| 2024 | +16.2% | $1,161 | +24.9% |
| 2023 | +2.6% | $524 | +26.2% |
| 2022 | −30.4% | $738 | −18.2% |
| 2021 | +12.5% | $835 | +28.7% |
| 2020 | +6.4% | $768 | +18.3% |
| 2019 | +25.6% | $705 | +31.2% |
| 2018 | −14.0% | $730 | −4.6% |
| 2017 | +13.8% | $856 | +21.7% |
| 2016 | +0.2% | $839 | +12.0% |
| 2015 | +9.3% | $837 | +1.2% |
| 2014 | +15.0% | $748 | +13.5% |
| 2013 | −14.0% | $723 | +32.3% |
| 2012 | +6.8% | $790 | +16.0% |
| 2011 | +16.3% | $790 | +1.9% |
| 2010 | +4.2% | $739 | +15.1% |
| 2009 | +47.8% | $634 | +26.4% |
| 2008 | −19.9% | $518 | −36.8% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: NMT total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Nuveen Massachusetts Quality Municipal Income Fund (NMT) at the end of Dec 2007, with dividends reinvested, was worth $20,159 at the end of Oct 2026: 3.8% a year, against $72,756 (11.1% a year) in the S&P 500.
- Over the 10 years to Oct 2026, NMT turned $10,000 into $11,307 with dividends reinvested, 1.2% a year.
- Over the 5 years to Oct 2026, NMT returned -3.0% a year with dividends reinvested (S&P 500: 12.0%).
- Taking NMT's dividends as cash instead of reinvesting them, the same $10,000 ended at $17,512, including $9,606 of cash received; reinvesting added $2,647.
- NMT's best calendar year in that time was 2009 (47.8%) and its worst 2022 (-30.4%), with dividends reinvested.
Cite this page
SmarterDividends, "Nuveen Massachusetts Quality Municipal Income Fund (NMT) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/NMT/total-return
NMT total return questions
If I invested $10,000 in NMT 10 years ago, how much would I have?
About $11,307 at the end of Oct 2026, with every dividend reinvested: 1.2% a year. Taking them as cash, you'd have shares worth $7,112 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is NMT's total return since Dec 2007?
102% in total, or 3.8% a year, through Oct 2026 with dividends reinvested. The share price alone fell 21%.
How much of NMT's return came from dividends?
About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $2,647 better off on a $10,000 start.
What was NMT's worst year?
2022, at -30.4% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -37.8%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.