Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
3.73% -14.97% 3.009B 584409.2
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
4.64% 24.00% -- Upgrade

Basic Info

Investment Strategy
The Fund’s investment objectives are to provide current income exempt from regular federal income tax and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal securities that the Fund’s investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni National Long
Category Index Bloomberg Municipal TR USD
Global Category Name US Municipal Fixed Income
YCharts Categorization US Municipal Bond
YCharts Benchmark Bloomberg Municipal Bond (^BBMBTR)
Prospectus Objective Municipal Bond - National
Fund Owner Firm Name Nuveen Fund Advisors, LLC.
Prospectus Benchmark Index
S&P Municipal Bond High Yield TR 20.00%
S&P Municipal Bond Investment Grade 80.00%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Michael Hamilton 0.47 yrs
Stephen Candido 0.47 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 24, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
6.36%
-6.09%
21.93%
10.19%
9.70%
-22.84%
1.24%
-2.63%
5.45%
1.28%
7.54%
5.21%
1.52%
-8.53%
6.40%
-1.50%
8.77%
-5.73%
22.42%
10.09%
8.17%
-23.30%
0.73%
-1.61%
10.34%
-4.83%
19.75%
7.51%
-3.50%
-14.02%
3.99%
0.17%
7.64%
-8.58%
22.08%
14.59%
5.20%
-31.86%
4.20%
1.17%
8.08%
-5.45%
20.68%
0.20%
8.07%
-23.69%
2.04%
-1.63%
As of April 24, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash 0.17% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 99.82% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.01% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund’s investment objectives are to provide current income exempt from regular federal income tax and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal securities that the Fund’s investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni National Long
Category Index Bloomberg Municipal TR USD
Global Category Name US Municipal Fixed Income
YCharts Categorization US Municipal Bond
YCharts Benchmark Bloomberg Municipal Bond (^BBMBTR)
Prospectus Objective Municipal Bond - National
Fund Owner Firm Name Nuveen Fund Advisors, LLC.
Prospectus Benchmark Index
S&P Municipal Bond High Yield TR 20.00%
S&P Municipal Bond Investment Grade 80.00%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Michael Hamilton 0.47 yrs
Stephen Candido 0.47 yrs

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