Nuveen High Yield Municipal Bond Fund Class I (NHMRX) 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.
NHMRX has IPO date of 1999-06-07, listed on the NASDAQ, a market capitalization of $12.39B.
Nuveen High Yield Municipal Bond Fund Class I is a mutual fund that primarily seeks to generate high current income exempt from regular federal income taxes, with capital appreciation as a secondary objective. The fund invests at least 80% of its net assets and any borrowings for investment purposes in municipal bonds whose interest is exempt from regular federal personal income tax. The fund focuses significantly on lower-quality, longer-duration municipal bonds and may utilize leverage strategies, including investments in inverse floaters, to enhance returns under normal market conditions.
