NCHRX — Nuveen California High Yield Municipal Bond Fund
Data updated: 2026-07-24
NCHRX — Nuveen California High Yield Municipal Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Corporate Bond · $940.75M AUM · 1.47% expense ratio · 4.0% 1-yr return. From SEC regulatory filings.
NCHRX Fund Overview
NCHRX — Nuveen California High Yield Municipal Bond Fund is a US mutual fund managed by Nuveen Multistate Trust II /ma/, categorised as Long Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Nuveen Multistate Trust II /ma/
- Category: Long Corporate Bond
- Assets under management: $940.75M
- 1-year return: 4.0%
- Ticker: NCHRX
- SEC CIK: 0001018975
- SEC series ID: S000008513
- Share class ID: C000023364
NCHRX Holdings
Top 10 holdings of Nuveen California High Yield Municipal Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| State Street Bank And Trust Company | 4.83% |
| San Francisco Airport Commission, California, Revenue Bonds, San Francisco International Airport, Refunding Second Series 2023C | 2.30% |
| San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Refunding Second Series 2026A | 2.13% |
| California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2023F | 2.03% |
| CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Moda at Monrovia Station, Social Series 2021A-2 | 1.87% |
| Santa Ana Unified School District, Orange County, California, General Obligation Bonds, 2018 Election Series 2022C | 1.83% |
| California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2014A | 1.78% |
| Central Valley Energy Authority, California, Commodity Supply Revenue Bonds, Series 2025 | 1.73% |
| California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2023G | 1.68% |
| CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Altana Glendale, Series 2021A-1 | 1.67% |
NCHRX Portfolio Allocation
Asset-class allocation of Nuveen California High Yield Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 118.8% |
| Cash & Equivalents | 4.8% |
NCHRX Performance
Total returns for NCHRX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.4% |
| 1 year | 4.0% |
| 3 years (annualised) | 4.9% |
| 5 years (annualised) | -0.4% |
NCHRX Risk Information
Risk metrics for NCHRX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.3%
NCHRX Costs and Fees
NCHRX costs about $147 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.47%
- Gross expense ratio: 1.47%
- Portfolio turnover: 16%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
NCHRX Cashflows
Over the 12 months to 2026-02, Nuveen California High Yield Municipal Bond Fund had net outflows of $79.69M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | −$7.94M |
| 2026-01 | $5.28M |
| 2025-12 | −$19.91M |
| 2025-11 | −$1.29M |
| 2025-10 | $14.19M |
| 2025-09 | $56.76M |
NCHRX Debt Constituents
Largest debt holdings of Nuveen California High Yield Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| San Francisco Airport Commission, California, Revenue Bonds, San Francisco International Airport, Refunding Second Series 2023C | 2.30% |
| San Francisco Airports Commission, California, Revenue Bonds, San Francisco International Airport, Refunding Second Series 2026A | 2.13% |
| California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2023F | 2.03% |
| CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Moda at Monrovia Station, Social Series 2021A-2 | 1.87% |
| Santa Ana Unified School District, Orange County, California, General Obligation Bonds, 2018 Election Series 2022C | 1.83% |
| California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2014A | 1.78% |
| Central Valley Energy Authority, California, Commodity Supply Revenue Bonds, Series 2025 | 1.73% |
| California Community Choice Financing Authority, Clean Energy Project Revenue Bonds, Green Series 2023G | 1.68% |
| CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Altana Glendale, Series 2021A-1 | 1.67% |
| California Community Housing Agency, Workforce Housing Revenue Bonds, Annadel Apartments, Series 2019A | 1.54% |
NCHRX Prospectus and SEC Filings
Official Nuveen California High Yield Municipal Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.