Nuveen High Yield Municipal Bond Fund Class A (NHMAX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield muni
Style or Category
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective 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. Normally, it invests at least 65% of its net assets in low- to medium-quality bonds rated BBB/Baa or lower. The fund may invest up to 10% of its net assets in defaulted municipal bonds.


1 month+1.44% 3 years+11.27%
3 months+3.12% 5 years+9.57%
1 year+18.65% Since inception+5.29%
Data through --

Peer Comparisonvs. High yield muni

Performance 5-yr return+9.57%+6.17%
Expense ratio0.85%1.02%
Risk 5 year sharpe ratio1.411.24
Net assets$10.4B$1.5B
Average market cap$34.4B$34.8B
Average P/E58.860.0
Portfolio turnover30%30%

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Fund Management and Purchase Info

Fund familyNuveen
Fund manager & tenureJohn Miller / 13 Years
Minimal initial investment$3,000.00
Minimum IRA investment--


Fixed income95.65%
U.S. stock1.48%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Consumer goods 100.00%
Business service 0.00%
Consumer service 0.00%
Energy 0.00%
Financial service 0.00%
Top 10 Holdings
Portfolio weighting
-- Iowa Fin Auth 4.75%1.50%
AAL American Airlines Group Inc1.47%
-- New York Liberty Dev Corp Libe Rev 7.25%1.10%
-- Tennessee Engy Acquisition C Jr R 5.625%0.85%
-- Golden St Tob Securitization C Tobacco S0.75%
-- Illinois Fin Auth 6.5%0.64%
-- Cook Cnty Ill Rev Rev Bds 6.5%0.60%
-- Iowa Fin Auth 5.25%0.58%
-- Buckeye Ohio Tob Settlement Fi To 5.875%0.56%
-- Buckeye Ohio Tob Settlement Fi Tob 5.75%0.53%

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