NHMFX Performance — Nuveen High Yield Municipal Bond Fund, Class R6
Data updated: 2026-08-27
NHMFX returned +4.53% year to date and +9.81% over one year to Jun 2026. Annualised returns are +4.80% over 3 years and +0.55% over 5 years. Against its High Yield Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $115, against $125 for the category, and to $110 over one year, against $106. Volatility over the past three years was 8.71% a year. In the 12 months to Jun 2026 the fund lost a net $825.6M, and assets reached $12.84B.
NHMFX Growth of $100
What $100 invested in Nuveen High Yield Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | NHMFX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $110 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $115 | $125 |
| 5 years (Jul 2021 – Jun 2026) | $103 | $119 |
| Since data start (Jul 2019 – Jun 2026) | $119 | $134 |
NHMFX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.53% |
| 1 year | +9.81% |
| 3 years (annualised) | +4.80% |
| 5 years (annualised) | +0.55% |
NHMFX Annual Returns
Calendar-year total returns of Nuveen High Yield Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +4.53% |
| 2025 | +2.39% |
| 2024 | +5.20% |
| 2023 | +5.14% |
| 2022 | −14.94% |
| 2021 | +9.91% |
| 2020 | +3.28% |
| 2019 (Jul–Dec) | +3.84% |
NHMFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | +2.0% | −2.4% | +1.8% | +1.0% | +1.4% | — | — | — | — | — | — |
| 2025 | +0.4% | +1.5% | −2.5% | −1.7% | −0.9% | +0.6% | −2.1% | +1.2% | +4.6% | +1.5% | +0.2% | −0.4% |
| 2024 | +0.5% | +1.2% | +0.6% | −1.5% | +1.8% | +2.9% | +0.6% | +0.8% | −1.0% | −1.6% | +2.7% | −1.8% |
| 2023 | +4.6% | −3.6% | +2.3% | +0.4% | −0.7% | 0.0% | +0.2% | −2.0% | −4.6% | −3.4% | +9.6% | +3.1% |
| 2022 | −2.8% | −0.9% | −3.6% | −4.7% | +2.5% | −6.0% | +6.1% | −2.8% | −7.9% | −1.9% | +7.7% | −0.8% |
| 2021 | +2.3% | −0.8% | +1.1% | +1.7% | +1.6% | +1.5% | +0.7% | −0.2% | −0.6% | +0.4% | +1.6% | +0.1% |
| 2020 | +2.7% | +2.6% | −13.3% | −3.0% | +4.6% | +4.1% | +0.7% | −0.2% | +0.4% | −0.3% | +3.4% | +2.7% |
| 2019 | — | — | — | — | — | — | +0.9% | +2.1% | −0.5% | +0.2% | +0.5% | +0.6% |
NHMFX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.71%
- 3-year Sharpe ratio: 0.03 (vs 4.5% risk-free rate)
- Best month: +9.55% (Nov 2023)
- Worst month: −4.58% (Sep 2023)
NHMFX Fund Flows
Monthly money in and out of Nuveen High Yield Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$825.6M
- 12-month gross sales (incl. reinvestments): $4.9B
- Sales ÷ redemptions: 0.85×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $330.3M | $249.1M | $81.3M |
| May 2026 | $356.5M | $314.5M | $42.0M |
| Apr 2026 | $353.3M | $379.5M | −$26.2M |
| Mar 2026 | $296.4M | $386.3M | −$89.8M |
| Feb 2026 | $376.8M | $276.3M | $100.4M |
| Jan 2026 | $532.9M | $353.3M | $179.6M |
| Dec 2025 | $493.1M | $1.2B | −$674.3M |
| Nov 2025 | $393.0M | $459.8M | −$66.8M |
| Oct 2025 | $408.6M | $394.4M | $14.2M |
| Sep 2025 | $514.6M | $525.0M | −$10.4M |
| Aug 2025 | $429.2M | $536.6M | −$107.3M |
| Jul 2025 | $369.4M | $637.7M | −$268.3M |
NHMFX Assets Under Management
Net assets of Nuveen High Yield Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $12.84B |
| 2026-03-31 | $12.38B |
| 2025-12-31 | $12.36B |
| 2025-09-30 | $13.10B |
| 2025-06-30 | $13.22B |
| 2025-03-31 | $14.43B |
| 2024-12-31 | $14.82B |
| 2024-09-30 | $16.24B |
| 2024-06-30 | $16.35B |
| 2024-03-31 | $16.15B |
| 2023-12-31 | $15.77B |
| 2023-09-30 | $15.92B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.