16.38 Up unch unch
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 16.38
Category High Yield Muni
Net Assets 2.95 Bil
Yield 6.11%
Morningstar Risk Above Average
Morningstar Return Above Average
  • Last NAV update 4/16/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks high current income exempt from regular federal income taxes; capital appreciation is a secondary objective. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. Under normal market conditions, it invests at least 65% of its net assets in low-to-medium-quality bonds rated BBB/Baa or lower. The fund may invest up to 15% of its net assets in municipal securities whose interest payments vary inversely with changes in short-term tax-exempt interest rates.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 3.54% 11.52% 20.91% -4.69% 8.53%
Value ($) 10,354.19 11,546.68 13,961.07 13,305.95 14,441.41
  • Year to date performance as of 4/16/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Nuveen
Fund Manager John Miller
Tenure (Years) 13
Fund Status Open
Minimum Initial Purchase 3,000.00
Minimum IRA Investment NA
Front Load 4.20
Expense Ratio 0.82%
PERFORMANCE
Symbol Value ($)
1 Month 1.54%
3 Months 6.07%
1 Year 0.48%
3 Years* 12.21%
5 Years* 13.25%
  • * Annualized returns
  • Performance as of 4/16/2014 12:00 AM ET
PEER COMPARISON
  NHMAX High Yield Muni
5-Yr Return 13.25% 9.46%
Sharpe Ratio 1.63 -0.21
Net Assets 2.95 Bil 376.41 Mil
Avg Market Cap 17.17 Bil 17.26 Bil
Avg P/E 8.43 NA
Portfolio Turnover 13 32
HOLDINGS
Symbol Value ($)
Stocks 2.72%
Cash 0.77%
Fixed Income 96.00%
Other 0.74%
TOP 10 HOLDINGS
NAME % NET ASSETS
American Airlines Group Inc 2.38%
Iowa Fin Auth 4.75% 1.07%
Tennessee Engy Acquisition C Jr R 5.625% 0.93%
Mashantucket Western Pequot Tr Bd 6.05% 0.86%
Golden St Tob Securitization C Tobacco S 0.84%
Illinois Fin Auth 6.5% 0.80%
Cook Cnty Ill Rev Rev Bds 6.5% 0.73%
Buckeye Ohio Tob Settlement Fi Tob 5.75% 0.68%
Wisconsin Pub Fin Auth 8.625% 0.65%
Buckeye Ohio Tob Settlement Fi To 5.875% 0.64%
DATA PROVIDERS

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