Nuveen High Yield Municipal Bond benefits from the support of an expansive analyst team and robust analytic tools, but the strategy’s relatively new leadership configuration has more to prove. That, combined with an aggressive approach that courts outsized volatility, keep its People and Process ratings at Average and Below Average, respectively.
Nuveen High Yield Municipal Bond I NHMRX
- NAV / 1-Day Return 15.07 / −0.53 %
- Total Assets 16.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.910%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 5.20%
- Effective Duration 12.46 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0
Morningstar’s Analysis NHMRX
Will NHMRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Vistra Vision | 8.54 | 1.4 Bil | — |
Fixed Income Clearing Corp Repo | 3.77 | 615.3 Mil | Cash and Equivalents |
PUBLIC FIN AUTH WIS LTD OBLIG PILOT REV 7% | 1.68 | 274.3 Mil | municipal |
CHICAGO ILL BRD ED 7% | 1.61 | 262.8 Mil | municipal |
FLORIDA DEV FIN CORP REV 12% | 1.18 | 191.8 Mil | municipal |
FLORIDA DEV FIN CORP REV 8.25% | 1.15 | 187.1 Mil | municipal |
PUERTO RICO COMWLTH 0% | 0.97 | 158.7 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | 0.84 | 137.0 Mil | municipal |
NEW HOPE CULTURAL ED FACS FIN CORP STUDENT HSG REV 5% | 0.80 | 129.9 Mil | municipal |
AURORA HIGHLANDS CMNTY AUTH BRD COLO SPL TAX REV 5.75% | 0.75 | 122.9 Mil | municipal |