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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
3.85% -13.78% 2.868B 458577.2
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
4.96% 17.00% -- Upgrade

Basic Info

Investment Strategy
As a fundamental investment policy, under normal circumstances, the Fund will invest at least 80% of its Assets in municipal securities and other related investments, the income from which is exempt from regular federal income taxes. As a non-fundamental investment policy, under normal circumstances, the Fund will invest 100% of its Managed Assets and at least 80% of its Assets in municipal securities and other related investments, the income from which is also exempt from the federal alternative minimum tax applicable to individuals at the time of purchase.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Growth
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name High Yield Muni
Category Index Bloomberg 65% High Grade/35% HY 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 40.00%
S&P Municipal Bond Investment Grade 60.00%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Paul Brennan 17.43 yrs
Steven Hlavin 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 29, 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
13.17%
-4.02%
25.65%
5.89%
12.14%
-28.46%
1.92%
-0.23%
5.45%
1.28%
7.54%
5.21%
1.52%
-8.53%
6.40%
-1.62%
14.47%
-6.79%
28.34%
3.61%
11.19%
-25.51%
2.48%
1.08%
12.85%
-9.48%
28.36%
7.39%
10.41%
-27.33%
0.66%
6.31%
8.77%
-5.73%
22.42%
10.09%
8.17%
-23.30%
0.73%
-1.52%
10.80%
-4.44%
19.14%
-2.15%
7.38%
-27.19%
10.28%
-1.20%
As of April 29, 2024.

Asset Allocation

As of March 31, 2024.
Type % Net % Long % Short
Cash 0.08% Upgrade Upgrade
Stock 0.99% Upgrade Upgrade
Bond 98.93% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
As a fundamental investment policy, under normal circumstances, the Fund will invest at least 80% of its Assets in municipal securities and other related investments, the income from which is exempt from regular federal income taxes. As a non-fundamental investment policy, under normal circumstances, the Fund will invest 100% of its Managed Assets and at least 80% of its Assets in municipal securities and other related investments, the income from which is also exempt from the federal alternative minimum tax applicable to individuals at the time of purchase.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Growth
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name High Yield Muni
Category Index Bloomberg 65% High Grade/35% HY 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 40.00%
S&P Municipal Bond Investment Grade 60.00%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Paul Brennan 17.43 yrs
Steven Hlavin 0.47 yrs

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