Skip to Content
Morningstar

Nuveen CA High Yield Municipal Bond C NAWSX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 7.72  /  −0.50 %
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    1.610%
  • Expense Ratio 2.310%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 3.32%
  • Effective Duration 12.08 years

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:18 PM GMT+0

Morningstar’s Analysis NAWSX

Will NAWSX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NAWSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NAWSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NAWSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Nuveen CA High Yield Municipal Bond C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings NAWSX

More NAWSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fixed Income Clearing Corp Repo

3.36 36.9 Mil
Cash and Equivalents

CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 4%

2.20 24.1 Mil
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.5%

1.53 16.8 Mil
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 7.04%

1.49 16.4 Mil
municipal

CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 4%

1.36 14.9 Mil
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS 2.62%

1.34 14.7 Mil
municipal

SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5%

1.27 13.9 Mil
municipal

PUERTO RICO COMWLTH 4%

1.25 13.8 Mil
municipal

CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 5%

1.13 12.4 Mil
municipal

PUERTO RICO COMWLTH 4%

0.96 10.6 Mil
municipal