About TIHWX
Nuveen High Yield Fund Class W is a mutual fund that seeks high current income primarily through investments in lower-rated, higher-yielding fixed-income securities. It allocates at least 80% of its assets under normal circumstances to debt securities rated below investment-grade, including domestic and foreign corporate bonds, debentures, senior loans, loan participations, convertible securities, and preferred securities. The fund emphasizes a quality focus by targeting primarily BB- and B-rated securities, supported by deep credit analysis and diversification to pursue attractive total returns. Its portfolio composition features a significant portion in corporate bonds, supplemented by bank loans, cash equivalents, and minor preferred stock holdings. Top positions include various high-yield bonds from issuers in energy, media, and services sectors. Nuveen High Yield Fund Class W serves investors aiming for income generation from the high-yield bond market, which offers elevated yields compared to investment-grade alternatives but with heightened credit and economic sensitivity. Class W shares have limited availability as outlined in the fund's prospectus.
Fund Family Nuveen
Category High Yield Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol TIHWX
Share Class Class W
Index ICE BofA US HY BB-B Cash Pay TR
TIHWX had a total return of 7.60% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.17%.
