What if you'd held NMT?
A $1,000 investment in Nuveen Massachusetts Quality Municipal Income Fund (NMT) at the month-end close of 1993-03 would be worth $4,360 at the close of 2026-08 — +336.0% total return, dividends reinvested. The same $1,000 in the S&P 500 would be worth $17,066.
Your scenario
Result
If you'd bought $1,000 at the start of each year
Value of $1,000 invested on January 1 of each year, held to 2026-08, dividends included.
Every year, $1,000 from 1993
| Year | Value of $1,000 | Year return |
|---|---|---|
| 1993 | $1,000 | — |
| 1994 | $862 | -13.8% |
| 1995 | $1,063 | +23.4% |
| 1996 | $1,127 | +6.0% |
| 1997 | $1,403 | +24.5% |
| 1998 | $1,515 | +8.0% |
| 1999 | $1,351 | -10.8% |
| 2000 | $1,489 | +10.2% |
| 2001 | $1,675 | +12.5% |
| 2002 | $1,795 | +7.1% |
| 2003 | $1,866 | +4.0% |
| 2004 | $2,007 | +7.6% |
| 2005 | $2,108 | +5.0% |
| 2006 | $2,030 | -3.7% |
| 2007 | $1,892 | -6.8% |
| 2008 | $1,519 | -19.7% |
| 2009 | $2,243 | +47.7% |
| 2010 | $2,336 | +4.2% |
| 2011 | $2,713 | +16.1% |
| 2012 | $2,896 | +6.7% |
| 2013 | $2,489 | -14.0% |
| 2014 | $2,866 | +15.1% |
| 2015 | $3,131 | +9.2% |
| 2016 | $3,142 | +0.4% |
| 2017 | $3,578 | +13.9% |
| 2018 | $3,075 | -14.1% |
| 2019 | $3,862 | +25.6% |
| 2020 | $4,116 | +6.6% |
| 2021 | $4,623 | +12.3% |
| 2022 | $3,216 | -30.4% |
| 2023 | $3,299 | +2.6% |
| 2024 | $3,840 | +16.4% |
| 2025 | $4,060 | +5.7% |
| 2026 | $4,653 | +14.6% |
Best and worst month-end to buy
The best single month-end close to have bought NMT was 1994-10 ($2.19): $1,000 then is $5,694 today. The worst was 2026-06 ($12.87): $1,000 then is $969.
FAQ
What would $1,000 in NMT be worth today?
A $1,000 investment in Nuveen Massachusetts Quality Municipal Income Fund (NMT) at the start of 1993 would be worth about $4,360 today, a total return of +336.0%. Dividends are reinvested in these figures.
What were the best and worst years for NMT?
Nuveen Massachusetts Quality Municipal Income Fund (NMT)'s strongest calendar year since 1993 was 2009, a +47.7% return — $1,000 held through that year became about $1,477 by year-end. Its weakest year was 2022, at -30.4%.
Does the calculator include dividends and splits?
Yes where available. Prices are adjusted for both stock splits and reinvested dividends (total return), the same measure brokerages use.
How much would $100 per month in NMT have grown?
Investing $100 at the end of every month since 1993-03 would have grown to about $92,272 on $40,200 invested.
Did NMT beat the S&P 500?
Over the same period, $1,000 in the S&P 500 index would be worth $17,066. NMT trailed the S&P 500 by +74.5% in total return.
Is this investment advice?
No. Wall Street Regrets is an entertainment and education tool. Every number is a historical calculation, not a prediction, and past performance never guarantees future results.
Methodology
Nuveen Massachusetts Quality Municipal Income Fund (NMT) historical total-return data from 1993-03 to 2026-08, reduced to month-end closes for the tables above.
Returns use adjusted close prices from Yahoo Finance historical data — adjusted for stock splits and reinvested dividends — the same convention used by major brokerages. A "year" scenario invests $1,000 at the prior December's month-end close and values it at the latest available month-end close. Non-USD amounts are converted at historical month-end exchange rates (Yahoo Finance): to USD on the buy date and back to your currency at the latest rate, so the return reflects the currency move as well as the asset.
Month-end resolution means intra-month extremes are not captured in tables; the calculator uses exact trading-day closes where daily data is available. Figures ignore taxes, fees, and the currency effects of non-USD listings. History is not a forecast. Wall Street Regrets is entertainment, not investment advice.
What if you'd held…
Data: adjusted close prices via Yahoo Finance. As of 2026-08. Not financial advice.