About TIHRX
Nuveen High Yield Fund (Retirement) is a mutual fund designed for retirement plan clients, seeking high current income through investments primarily in lower-rated, higher-yielding fixed income securities. It allocates at least 80% of its assets under normal circumstances to high yield bonds, bank loans, convertibles, and preferred securities from U.S. and non-U.S. issuers, with a focus on BB- and B-rated securities to balance yield potential and risk. The fund employs deep credit analysis, diversification, and active management by skilled analysts to target companies generating free cash flow for stable income, while tactically allocating across the capital structure to navigate market opportunities and mitigate interest rate sensitivity. As a retirement share class with no sales charges, it offers access to this high yield bond strategy, categorized within the high-yield bond segment, emphasizing quality focus and risk-adjusted returns through disciplined credit selection and avoidance of deteriorating holdings.
Fund Family Nuveen
Category High Yield Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol TIHRX
Share Class Retirement Class
Index ICE BofA US HY BB-B Cash Pay TR
TIHRX had a total return of 6.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.40%.