Nuveen High Yield Municipal Bond C2 (NHMCX - Free Report) a Zacks Rank #1 (Strong Buy) invests at least 65% of the fund's net assets in medium- to low-quality bonds. The fund may invest up to 10% of its net assets in defaulted municipal bonds.
The Nuveen High Yield Municipal Bond C2 fund, managed by Nuveen, carries an expense ratio of 1.32%.
NHMCX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 11.02%, 3 year 11.30% and 5 year 9.29%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
NHMCX’s performance, as of the last filing, when compared to funds in its category was in the top 6% in 1 year, top 1% over the past 3 years, and in the 1% over the past 5 years.
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