Nuveen High Yield Municipal Bond Fund Class A (NHMAX)

Fund Assets	12.38B
Expense Ratio	1.90%
Min. Investment	$3,000
Turnover	15.00%
Dividend (ttm)	0.78
Dividend Yield	5.74%
Dividend Growth	1.83%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	13.59
YTD Return	-1.83%
1-Year Return	1.09%
5-Year Return	-4.95%
52-Week Low	13.59
52-Week High	14.53
Beta (5Y)	0.21
Holdings	2869
Inception Date	Jun 7, 1999

About NHMAX

Nuveen High Yield Municipal Bond Fund Class A is a mutual fund that pursues tax-exempt income through investment in non-investment-grade and unrated municipal bonds with weighted average maturities exceeding ten years. The fund employs an aggressive strategy to generate high current income exempt from regular federal income taxes, with capital appreciation as a secondary objective. To enhance yield potential, the fund's large credit research team seeks undervalued bonds and strategically uses portfolio leverage through tender option bond transactions and inverse floating rate securities. The fund targets municipal bond market inefficiencies to maximize tax-exempt income distribution to investors. This approach carries heightened credit risk and liquidity risk due to concentration in lower-quality, long-term municipal securities, and the significant use of leverage increases exposure to volatility and potential default risk, making it suitable for investors seeking aggressive tax-exempt income strategies.

• Fund Family: Nuveen
• Category: High Yield Muni
• Performance Rating: Above Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: NHMAX
• Share Class: - Class A
• Index: S&P Municipal Yield TR USD

Performance

NHMAX had a total return of 1.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.26%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
NHMFX	Class R6	1.66%
NHMRX	- Class I	1.70%
NHCCX	Class C	2.70%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.065	Oct 1, 2026
Aug 31, 2026	$0.065	Sep 1, 2026
Jul 31, 2026	$0.065	Aug 3, 2026
Jun 30, 2026	$0.065	Jul 1, 2026
May 29, 2026	$0.065	Jun 1, 2026
Apr 30, 2026	$0.065	May 1, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 12, 2026

Data Sources Report a data error