Nuveen High Yield Municipal Bond Fund Class I (NHMRX)

Fund Assets	12.47B
Expense Ratio	1.70%
Min. Investment	$100,000
Turnover	15.00%
Dividend (ttm)	0.81
Dividend Yield	5.69%
Dividend Growth	2.02%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	14.19
YTD Return	2.42%
1-Year Return	9.55%
5-Year Return	-0.19%
52-Week Low	13.67
52-Week High	14.53
Beta (5Y)	0.46
Holdings	2854
Inception Date	Jun 7, 1999

About NHMRX

Nuveen High Yield Municipal Bond Fund Class I is a mutual fund designed to provide investors with a high level of income that is generally exempt from regular federal income taxes. The fund primarily invests in non-investment-grade and unrated municipal bonds, focusing on securities with a weighted average maturity exceeding 10 years. Its strategy targets perceived inefficiencies in the municipal bond market, aiming to uncover value through rigorous credit analysis and active portfolio management. The fund frequently employs leverage, notably through tender option bond transactions, to enhance yield potential. With a portfolio that includes over 3,000 municipal securities, Nuveen High Yield Municipal Bond Fund Class I maintains significant allocations to lower-quality, long-term municipal bonds. It holds a diversified profile, but the fund’s approach is considered aggressive within the high-yield muni category, resulting in higher risk and volatility compared to more conservative municipal bond funds. It typically distributes income monthly and seeks to maintain competitive yields, making it relevant for investors focused on maximizing tax-exempt income. The fund is managed by an experienced team and is well-capitalized, positioning it as a significant player in the high-yield municipal bond market.

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

Performance

NHMRX had a total return of 9.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.66%.

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%
NHMAX	- Class A	1.90%
NHCCX	Class C	2.70%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.0675	Sep 1, 2026
Jul 31, 2026	$0.0675	Aug 3, 2026
Jun 30, 2026	$0.0675	Jul 1, 2026
May 29, 2026	$0.0675	Jun 1, 2026
Apr 30, 2026	$0.0675	May 1, 2026
Mar 31, 2026	$0.0675	Apr 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:

Aug 8, 2026

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