Nuveen High Yield Municipal Bond Fund (NHCCX) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Bonds industry. The company is headquartered in Chicago, IL, United States.
NHCCX has IPO date of 2014-02-10, listed on the NASDAQ, a market capitalization of $12.39B.
Nuveen High Yield Municipal Bond Fund is a fixed-income investment fund that focuses on municipal bonds offering federal tax-exempt interest income. Under normal market conditions, the fund allocates at least 80% of its net assets and borrowed capital to lower-quality long-term municipal bonds, positioning itself for higher yield opportunities in the municipal bond market. To enhance returns, the fund may employ leverage strategies, including investments in inverse floaters, to optimize its portfolio performance for tax-conscious investors.
