Nuveen Short Duration High Yield Municipal Bond Fund Class C (NVCCX)
| Fund Assets | 6.73B |
| Expense Ratio | 1.75% |
| Min. Investment | $3,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.86% |
| Dividend Growth | -7.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2026 |
| Previous Close | 9.45 |
| YTD Return | 2.10% |
| 1-Year Return | 3.86% |
| 5-Year Return | 4.80% |
| 52-Week Low | 9.27 |
| 52-Week High | 9.48 |
| Beta (5Y) | 0.14 |
| Holdings | 2800 |
| Inception Date | Feb 10, 2014 |
About NVCCX
Nuveen Short Duration High Yield Municipal Bond Fund Class C is a mutual fund focused on producing high current income that is exempt from regular federal income taxes. The fund primarily invests in a diversified portfolio of municipal bonds, placing emphasis on those with short durations—typically maintaining a weighted average portfolio duration under 4.5 years—which helps manage interest rate risk. A notable characteristic is its significant allocation to lower-quality, or below investment-grade, municipal bonds, aiming to capture enhanced yield relative to higher-rated issuers. The fund may occasionally employ leverage strategies, such as inverse floating rate securities, to optimize income generation. It distributes income monthly and holds a broad array of positions across various issuers, supporting diversification. Nuveen Short Duration High Yield Municipal Bond Fund Class C plays a critical role in the market by addressing demand for tax-advantaged, income-oriented investments, particularly appealing to investors who seek higher yields in the municipal bond sector without extended duration exposure.
Performance
NVCCX had a total return of 3.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.35%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2026 | $0.0275 | Aug 3, 2026 |
| Jun 30, 2026 | $0.0275 | Jul 1, 2026 |
| May 29, 2026 | $0.0275 | Jun 1, 2026 |
| Apr 30, 2026 | $0.0295 | May 1, 2026 |
| Mar 31, 2026 | $0.0295 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0295 | Mar 2, 2026 |