Nuveen High Yield Municipal Bond Fund Class R6 (NHMFX) 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.
NHMFX has IPO date of 2016-07-05, listed on the NASDAQ, a market capitalization of $12.39B.
Nuveen High Yield Municipal Bond Fund Class R6 is a municipal bond fund that primarily seeks to generate high current income exempt from regular federal income taxes, with capital appreciation as a secondary goal. Under normal market conditions, the fund invests at least 80% of its net assets and any borrowed investment capital in municipal bonds whose interest is exempt from regular federal personal income tax. The fund focuses significantly on lower-quality, long-term municipal bonds and may utilize leverage strategies through inverse floater investments to enhance returns.
