Nuveen High Yield Municipal Bond Fund Class R6 (NHMFX) Research
The primary goal of this fund is to generate a substantial income stream that is exempt from standard federal income taxes, with capital growth being a secondary objective. Typically, under normal market conditions, the fund allocates a minimum of 80% of its total investment capital (which includes both its net assets and any funds borrowed for investment purposes) to municipal bonds. The interest payments from these specific bonds are not subject to regular federal personal income tax. The portfolio notably emphasizes long-dated municipal bonds with lower credit ratings and has the flexibility to employ financial leverage, often achieved through instruments like inverse floaters.
Market snapshot
- Symbol
- NHMFX
- Price
- $14.45
- Day change
- +0.07%
- Market cap
- $12.6B
- 52-week range
- 13.55-14.54
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
Peer companies
- Harding Loevner International Equity Portfolio (HLMIX)
- ClearBridge Large Cap Growth IS (LSITX)
- Invesco Main Street Fund Class Y (MIGYX)
- Nuveen High Yield Municipal Bond Fund Class I (NHMRX)
- Invesco Main Street Fund Class R6 (OMSIX)
- Putnam Growth Opportunities Fund Y Shares (PGOYX)
- Schwab Capital Trust - Schwab International Index Fund (SWISX)
- Victory Sycamore Established Value Fund Class I (VEVIX)
Open Nuveen High Yield Municipal Bond Fund Class R6 (NHMFX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.