Nuveen High Yield Municipal Bond Fund (NHMAX) 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.
NHMAX has IPO date of 1999-06-07, listed on the NASDAQ, a market capitalization of $12.38B.
Nuveen High Yield Municipal Bond Fund is a municipal bond fund that invests at least 80% of its net assets and borrowed funds in federal tax-exempt municipal bonds under normal market conditions. The fund focuses significantly on lower-quality, longer-duration municipal securities to enhance yield potential. To optimize returns, the fund may employ leverage strategies, including investments in inverse floaters, to amplify income generation for shareholders seeking tax-advantaged fixed income exposure.
