Nuveen High Yield Municipal Bond Fund Class R6 (NHMFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
15.11
0.00 (0.00%)
May 16, 2024, 4:00 PM EDT
0.60% (1Y)
| Fund Assets | 15.72B |
| Expense Ratio | 1.39% |
| Min. Investment | $1,000,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.81 |
| Dividend Yield | 5.33% |
| Dividend Growth | -4.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 31, 2024 |
| Previous Close | 15.11 |
| YTD Return | 3.71% |
| 1-Year Return | 5.64% |
| 5-Year Return | 10.69% |
| 52-Week Low | 13.23 |
| 52-Week High | 15.21 |
| Beta (5Y) | 1.60 |
| Holdings | 3057 |
| Inception Date | Jul 5, 2016 |
About NHMFX
The investment seeks high current income exempt from regular federal income taxes; capital appreciation is a secondary objective. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests significantly in lower-quality long-term municipal bonds and may employ effective leverage through investments in inverse floaters.
Fund Family Nuveen
Category High Yield Muni
Performance Rating Above Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol NHMFX
Index S&P Municipal Yield TR USD
Performance
NHMFX had a total return of 5.64% in the past year. Since the fund's inception, the average annual return has been -2.21%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| NHMRX | - Class I | 1.43% |
| NHMAX | - Class A | 1.63% |
| NHCCX | Class C | 2.43% |
Top 10 Holdings
22.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Vistra | n/a | 7.76% |
| Fixed Income Clearing Corp Repo | n/a | 4.10% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5% | FL FLSDEV 01.01.2049 | 2.97% |
| PUBLIC FIN AUTH WIS LTD OBLIG PILOT REV 7% | WI PUBFIN 7 12.01.2050 | 1.75% |
| CHICAGO ILL BRD ED 7% | IL CHIEDU 7 12.01.2044 | 1.67% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.38% | FL FLSDEV 7.38 01.01.2049 | 1.38% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.38% | FL FLSDEV 01.01.2049 | 0.83% |
| FLORIDA DEV FIN CORP REV 8.25% | FL FLSDEV 07.01.2057 | 0.82% |
| PUERTO RICO COMWLTH 0% | PR PRC 11.01.2043 | 0.79% |
| AURORA HIGHLANDS CMNTY AUTH BRD COLO SPL TAX REV 5.75% | CO AHIDEV 5.75 12.01.2051 | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 31, 2024 | $0.066 | Jun 3, 2024 |
| Apr 30, 2024 | $0.066 | May 1, 2024 |
| Mar 29, 2024 | $0.066 | Apr 1, 2024 |
| Feb 29, 2024 | $0.066 | Mar 1, 2024 |
| Jan 31, 2024 | $0.066 | Feb 1, 2024 |
| Dec 28, 2023 | $0.066 | Dec 29, 2023 |