Morningstar

Nuveen High Yield Municipal Bond Fund Class C NHCCX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Nuveen Investment Hub

Morningstar’s Analysis NHCCX

Will NHCCX 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 NHCCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

An aggressive high-yield muni option.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

Nuveen High Yield Municipal Bond draws on extensive muni resources, but team changes and a process that takes more risks than nearly all high-yield muni Morningstar Category peers temper the strategy’s appeal.

by Tom Murphy
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