Nuveen High Yield Municipal Bond’s highly aggressive approach outweighs the benefit provided by its deep analyst team. It retains its Morningstar Analyst Rating of Neutral across all share classes.
Will NHMAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NHMAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the NHMAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of NHMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.