Nuveen High Yield Municipal Bond Fund Class I (NHMRX) Research
The fund's main goal is to generate substantial current income that is exempt from regular federal income taxes, with capital appreciation serving as a secondary objective. Typically, under normal conditions, at least 80% of its total assets, which includes any borrowed funds used for investment, are allocated to municipal bonds that provide interest income free from federal personal income tax. A considerable portion of its holdings are in longer-term, lower-quality municipal bonds, and the fund may also strategically use inverse floaters to achieve investment leverage.
Market snapshot
- Symbol
- NHMRX
- Price
- $14.45
- Day change
- +0.14%
- Market cap
- $12.6B
- 52-week range
- 13.54-14.53
- 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 R6 (NHMFX)
- 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 I (NHMRX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.