NMI Holdings, Inc.

Frequently Asked Questions About NMIH

What does NMIH invest in?

NMI Holdings, Inc. is a company operating within the United States that offers private mortgage guaranty insurance. In addition to its core insurance products, the firm also delivers outsourced loan assessment services, specifically catering to mortgage loan originators. Its diverse client roster includes national and regional mortgage banks, prominent money center banks, credit unions, local community banks, builder-owned lenders, internet-based lending platforms, and other non-bank mortgage providers. The company commenced operations after its incorporation in 2011 and is based in Emeryville, California.

What is the expense ratio of NMIH?

An expense ratio for NMI Holdings, Inc. (NMIH) 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.

How big is NMIH?

NMI Holdings, Inc. (NMIH) manages $3.20B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is NMIH actively managed or an index fund?

NMIH's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was NMIH launched?

NMI Holdings, Inc. (NMIH) launched in November 2013 and is managed by the fund issuer.

How has NMIH performed?

NMIH's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.