Nuveen High Yield Municipal Bond Fund Class R6 (NHMFX)
| Fund Assets | 12.59B |
| Expense Ratio | 1.87% |
| Min. Investment | $1,000,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.81 |
| Dividend Yield | 5.62% |
| Dividend Growth | 2.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 14.40 |
| YTD Return | 1.25% |
| 1-Year Return | 2.95% |
| 5-Year Return | 3.60% |
| 52-Week Low | 12.97 |
| 52-Week High | 14.41 |
| Beta (5Y) | n/a |
| Holdings | 2877 |
| Inception Date | Jun 30, 2016 |
About NHMFX
Nuveen High Yield Municipal Bond Fund Class R6 is a mutual fund that primarily invests in non-investment-grade and unrated municipal bonds, with the objective of delivering high current income that is exempt from regular federal income taxes. The fund is managed by a dedicated team of credit analysts who focus on identifying value and market inefficiencies within the municipal bond market, leveraging their expertise to seek enhanced yield opportunities. This fund typically maintains a weighted average maturity of over 10 years and may employ leverage through tender option bond transactions to further boost income potential. It targets the high yield municipal sector, which includes lower-quality long-term bonds, and aims to provide investors with tax-advantaged income. Capital appreciation is considered a secondary objective, underscoring the fund’s primary role as a tool for generating tax-exempt income within a diversified investment portfolio. The Nuveen High Yield Municipal Bond Fund Class R6 is positioned as an aggressive approach within the muni market, accepting higher risk and volatility in pursuit of its objectives, and is designed for investors seeking exposure to the municipal high yield space for retirement or large investment accounts.
Performance
NHMFX had a total return of 2.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.64%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.068 | Mar 2, 2026 |
| Jan 30, 2026 | $0.068 | Feb 2, 2026 |
| Dec 31, 2025 | $0.068 | Dec 31, 2025 |
| Nov 28, 2025 | $0.068 | Dec 1, 2025 |
| Oct 31, 2025 | $0.068 | Nov 3, 2025 |
| Sep 30, 2025 | $0.068 | Oct 1, 2025 |