This list is an analysis based on recent market events. It's not an investment recommendation.
The primary goal of this fund is to generate a substantial income stream that is exempt from standard federal income taxes, with capital growth being a secondary objective. Typically, under normal market conditions, the fund allocates a minimum of 80% of its total investment capital (which includes both its net assets and any funds borrowed for investment purposes) to municipal bonds. The interest payments from these specific bonds are not subject to regular federal personal income tax. The portfolio notably emphasizes long-dated municipal bonds with lower credit ratings and has the flexibility to employ financial leverage, often achieved through instruments like inverse floaters.
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FAQ
What is Nuveen High Yield Municipal Bond Fund Class R6 stock price today?▼
The current price of NHMFX is $13.60 USD — it has decreased by -1.38% in the past 24 hours. Watch Nuveen High Yield Municipal Bond Fund Class R6 stock price performance more closely on the chart.
What is Nuveen High Yield Municipal Bond Fund Class R6 stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Nuveen High Yield Municipal Bond Fund Class R6 stocks are traded under the ticker NHMFX.
Is Nuveen High Yield Municipal Bond Fund Class R6 stock price growing?▼
NHMFX stock has fallen by -2.16% compared to the previous week, the month change is a -4.43% fall, over the last year Nuveen High Yield Municipal Bond Fund Class R6 has showed a -4.96% decrease.
Does Nuveen High Yield Municipal Bond Fund Class R6 pay dividends?▼
Yes, NHMFX dividends are paid monthly. The last dividend per share was 0.07 USD. As of today, Dividend Yield (FWD)% is 5.92%.
In which sector is Nuveen High Yield Municipal Bond Fund Class R6 located?▼
Nuveen High Yield Municipal Bond Fund Class R6 operates in the Finance & Payments sector.
When did Nuveen High Yield Municipal Bond Fund Class R6 complete a stock split?▼
Nuveen High Yield Municipal Bond Fund Class R6 has not had any recent stock splits.
Where is Nuveen High Yield Municipal Bond Fund Class R6 headquartered?▼
Nuveen High Yield Municipal Bond Fund Class R6 is headquartered in Chicago, United States.