Nuveen High Yield Municipal Bond Fund

Frequently Asked Questions About NHMAX

What are the top holdings of NHMAX?

A machine-readable holdings disclosure for Nuveen High Yield Municipal Bond Fund (NHMAX) is not available from our data sources — fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does NHMAX invest in?

Nuveen High Yield Municipal Bond Fund (NHMAX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is NHMAX most exposed to?

NHMAX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is NHMAX a US-only fund?

The country allocation card on this page shows NHMAX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does NHMAX invest in?

Typically, the fund allocates a minimum of 80% of its total investment capital – encompassing both its net assets and any funds borrowed for investment – to municipal bonds. These bonds generate interest that is exempt from regular federal personal income tax. A significant portion of this portfolio is directed towards longer-duration municipal bonds of lower credit quality, often referred to as high-yield municipal debt. Furthermore, the fund has the discretion to employ investment leverage, particularly through its holdings in inverse floaters.