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Morningstar

Nuveen CA High Yield Municipal Bond I NCHRX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 7.76  /  +0.01 %
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 1.310%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 4.30%
  • Effective Duration 12.08 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis NCHRX

Will NCHRX 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 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.

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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 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