Nuveen High Yield Municipal Bond Fund (NHCCX)
NHCCX Price Chart
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NHCCX Fund Profile
Key details and information about Nuveen High Yield Municipal Bond Fund (NHCCX).
Sector Focus
Financial Services
Industry
Asset Management - Bonds
Inception Date
10 Feb 2014
Country
US
Description
Under typical market conditions, the fund commits a minimum of 80% of its combined net assets and any borrowed funds used specifically for investment purposes to municipal bonds. The interest payments from these bonds are exempt from regular federal personal income tax. A significant portion of the portfolio is concentrated in long-term municipal bonds that are considered lower quality. Furthermore, the fund may employ effective leverage, for instance, through investments in inverse floaters.
NHCCX Fund Performance
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