Frequently Asked Questions About NHMCX

What does NHMCX invest in?

This fund primarily aims to deliver substantial current income that is exempt from ordinary federal income taxation. Generating capital appreciation stands as a secondary objective. Typically, under normal market conditions, the fund dedicates a minimum of 80% of its combined net assets and any borrowed funds towards municipal bonds, the interest from which is free from regular federal personal income tax. A significant portion of its portfolio is allocated to lower-quality, long-term municipal debt instruments. Furthermore, it retains the flexibility to utilize leverage, potentially through holdings in inverse floaters, to enhance its investment exposure.

What is the expense ratio of NHMCX?

An expense ratio for Nuveen High Yield Municipal Bond Fund Class C2 (NHMCX) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is the duration of NHMCX?

Effective duration measures NHMCX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. NHMCX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of NHMCX?

NHMCX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of NHMCX?

Yield to maturity (YTM) is the total return you'd earn from NHMCX if every bond in the portfolio is held to maturity at the current price. NHMCX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

How big is NHMCX?

Nuveen High Yield Municipal Bond Fund Class C2 (NHMCX) manages $22.62B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

NHMCX (Nuveen High Yield Municipal Bond Fund Class C2) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference, not a current-day signal.

NHMCX

Nuveen High Yield Municipal Bond Fund Class C2

NASDAQ·Asset Management, Bonds · Financial Services

$18.34$0.01+0.05%

Market closed·Feb 3 8:01 PM EST

Price Chart

$18.34+$0.01 (+0.05%)today

+0.00%past 5 years

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FromTo

Jun 7, 1999Nov 7, 2021 → Feb 3, 2023· 1.2 yrsFeb 3, 2023

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

FrequencyMonthly

Most Recent—

Ex-Dividend Date—

Payment Date—

Cost & RiskExpenses Tab

Expense Ratio—

Cost per 10k Invested—

AUM$22.62B

Avg Daily Volume—

Price$18.34

NAV (Feb 3)$18.34

Premium / Discount+0.00%

52-Week Range$16.73 – $18.34

Beta2.11

Fund Overview

Issuer: Nuveen
Asset Class: Bond
Strategy: Actively Managed
Inception: June 7, 1999
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US67065Q7640
CUSIP: 67065Q764

Peers

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Cap

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Frequently Asked Questions About NHMCX

What does NHMCX invest in?: This fund primarily aims to deliver substantial current income that is exempt from ordinary federal income taxation. Generating capital appreciation stands as a secondary objective. Typically, under normal market conditions, the fund dedicates a minimum of 80% of its combined net assets and any borrowed funds towards municipal bonds, the interest from which is free from regular federal personal income tax. A significant portion of its portfolio is allocated to lower-quality, long-term municipal debt instruments. Furthermore, it retains the flexibility to utilize leverage, potentially through holdings in inverse floaters, to enhance its investment exposure.
What is the expense ratio of NHMCX?: An expense ratio for Nuveen High Yield Municipal Bond Fund Class C2 (NHMCX) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
What is the duration of NHMCX?: Effective duration measures NHMCX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. NHMCX's current duration is published on the fund's factsheet on the issuer's website.
What is the credit quality of NHMCX?: NHMCX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
What is the yield to maturity of NHMCX?: Yield to maturity (YTM) is the total return you'd earn from NHMCX if every bond in the portfolio is held to maturity at the current price. NHMCX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
How big is NHMCX?: Nuveen High Yield Municipal Bond Fund Class C2 (NHMCX) manages $22.62B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.