Morningstar

Nuveen California High Yield Municipal Bond Fund Class I NCHRX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 7.18  /  −0.14 %
  • Total Assets 814.4M
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 5.07%
  • Effective Duration 11.12 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis NCHRX

Will NCHRX outperform in the 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 NCHRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NCHRX 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 NCHRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nuveen CA High Yield Municipal Bond I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings NCHRX

More NCHRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

HEART-SV ESSENTIAL HSG REV CALIF 5.38%

1.94 18M
municipal

CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 4%

1.88 17M
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.5%

1.84 17M
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5%

1.72 16M
municipal

CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 3.5%

1.61 15M
municipal

CALIFORNIA CMNTY HSG AGY WORKFORCE HSG REV 5%

1.57 14M
municipal

CALIFORNIA SCH FIN AUTH SCH FAC REV 5%

1.33 12M
municipal

CALIFORNIA EDL FACS AUTH REV 5.13%

1.15 10M
municipal

CALIFORNIA PUB FIN AUTH SR LIVING REV 5.1%

1.08 10M
municipal

CALIFORNIA SCH FIN AUTH CHARTER SCH REV 6%

1.01 9M
municipal

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