Nuveen Short Duration Hi Yld Muni Bd I (NVHIX)
| Fund Assets | 5.81B |
| Expense Ratio | 0.86% |
| Min. Investment | $100,000 |
| Turnover | 39.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 5.15% |
| Dividend Growth | 10.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.44 |
| YTD Return | 1.14% |
| 1-Year Return | 0.23% |
| 5-Year Return | 18.12% |
| 52-Week Low | 9.27 |
| 52-Week High | 9.85 |
| Beta (5Y) | n/a |
| Holdings | 2611 |
| Inception Date | Feb 1, 2013 |
About NVHIX
Nuveen Short Duration High Yield Municipal Bond Fund Class I is an open-end mutual fund that targets high current income exempt from regular federal income taxes. The fund invests predominantly in U.S. municipal bonds, with a significant portion rated below investment-grade, aiming to capture attractive yields in the municipal market while managing interest rate risk through a portfolio duration of less than 4.5 years. The fund maintains a broad portfolio, typically holding over 2,000 individual securities, and may opportunistically use leverage via instruments such as inverse floating rate securities to enhance its yield potential. Its investment philosophy emphasizes capital preservation and income generation, making it relevant for investors seeking tax-advantaged income streams. With a high minimum investment and a Class I share structure, the fund is designed primarily for institutional clients or high-net-worth individuals. Nuveen’s experienced management team applies rigorous credit analysis and active portfolio strategies to navigate the high yield municipal bond sector and address inefficiencies in the market, reinforcing the fund’s significance as a specialized tool for municipal bond exposure within the broader fixed income universe.
Performance
NVHIX had a total return of 0.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.46%.
Top 10 Holdings
15.21% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Income Clearing Corp Repo | n/a | 4.66% |
| Net Receivable For Sale Of Vistra Vision Class B Units | n/a | 2.99% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 08.01.2052 | 1.55% |
| FLORIDA DEV FIN CORP REV 8.25% | FL.FLSDEV 07.01.2057 | 1.21% |
| BERKS CNTY PA MUN AUTH REV 5% | PA.BERFAC 5 06.30.2039 | 0.94% |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV 5.25% | TX.NHPFAC 5.25 01.01.2042 | 0.84% |
| PUBLIC FIN AUTH WIS EDL FAC REV 5.5% | WI.PUBFIN 5.5 06.01.2035 | 0.83% |
| NATIONAL FIN AUTH N H SPL REV 5.88% | NH.NFAGEN 5.88 12.15.2033 | 0.80% |
| PUBLIC FIN AUTH WIS LTD OBLIG PILOT REV 6.5% | WI.PUBFIN 6.5 12.01.2037 | 0.76% |
| OHIO ST WTR DEV AUTH WTR POLLUTN CTL REV 4.75% | OH.OHSPOL 4.75 06.01.2033 | 0.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0395 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0395 | Sep 2, 2025 |
| Jul 31, 2025 | $0.041 | Aug 1, 2025 |
| Jun 30, 2025 | $0.041 | Jul 1, 2025 |
| May 30, 2025 | $0.041 | Jun 2, 2025 |
| Apr 30, 2025 | $0.041 | May 1, 2025 |