Morningstar

Nuveen California High Yield Municipal Bond Fund Class I NCHRX

Morningstar Medalist Rating
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Medalist Rating as of See Nuveen Investment Hub
  • NAV / 1-Day Return $7.41  /  +0.54 %
  • Fund Size $870.2M
  • Adjusted Expense Ratio 0.600%
  • Net Expense Ratio 0.600%
  • Fee Level: Distribution Above Average
  • Share Class Type Institutional
  • Morningstar Category Muni California Long
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $100,000
  • Investment Status Open
  • TTM Yield 4.90%
  • Average Effective Duration 13.13 yrs
NAV and 1-Day Return as of

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
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Portfolio Holdings NCHRX

More NCHRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

HEART-SV ESSENTIAL HSG REV CALIF 5.38%

2.03 16M
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.5%

2.00 16M
municipal

CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 4%

1.99 16M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.90 15M
municipal

CALIFORNIA CMNTY HSG AGY WORKFORCE HSG REV 5%

1.69 14M
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5.25%

1.66 13M
municipal

CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 3.5%

1.56 13M
municipal

Fixed Income Clearing Corp Repo

1.36 11M
Cash and Equivalents

CALIFORNIA EDL FACS AUTH REV 5.13%

1.21 10M
municipal

CALIFORNIA PUB FIN AUTH SR LIVING REV 5.1%

1.18 10M
municipal

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