NVHAX Performance — Nuveen Short Duration High Yield Municipal Bond Fund, Class A
Data updated: 2026-08-27
NVHAX returned +2.95% year to date and +5.28% over one year to Jun 2026. Annualised returns are +4.70% over 3 years and +1.86% over 5 years. The fund trailed its High Yield Bond category average: $100 invested three years ago grew to $115, against $125 for the category, and to $105 over one year, against $106. Volatility over the past three years was 3.90% a year. In the 12 months to Jun 2026 the fund took in a net $1.3B, and assets reached $6.93B.
NVHAX Growth of $100
What $100 invested in Nuveen Short Duration 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 | NVHAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $115 | $125 |
| 5 years (Jul 2021 – Jun 2026) | $110 | $119 |
| Since data start (Jul 2019 – Jun 2026) | $119 | $134 |
NVHAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.95% |
| 1 year | +5.28% |
| 3 years (annualised) | +4.70% |
| 5 years (annualised) | +1.86% |
NVHAX Annual Returns
Calendar-year total returns of Nuveen Short Duration High Yield Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +2.95% |
| 2025 | +2.33% |
| 2024 | +7.04% |
| 2023 | +3.31% |
| 2022 | −7.30% |
| 2021 | +8.21% |
| 2020 | −0.34% |
| 2019 (Jul–Dec) | +2.36% |
NVHAX 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 | +0.8% | +0.9% | −1.2% | +0.8% | +0.8% | +0.8% | — | — | — | — | — | — |
| 2025 | +0.5% | +0.9% | −0.9% | −1.2% | +0.3% | +0.4% | −1.0% | +0.5% | +1.8% | +0.6% | +0.1% | +0.2% |
| 2024 | +0.8% | +1.7% | +1.0% | −0.2% | +1.5% | +2.0% | +0.3% | +0.9% | −1.6% | −0.4% | +1.6% | −0.6% |
| 2023 | +2.1% | −1.2% | +0.2% | +0.3% | −0.1% | +0.1% | +0.3% | −0.6% | −1.7% | −1.0% | +3.6% | +1.3% |
| 2022 | −1.6% | −0.6% | −2.1% | −1.8% | +0.9% | −3.0% | +3.0% | −0.4% | −3.8% | −0.6% | +2.9% | 0.0% |
| 2021 | +2.0% | +0.2% | +0.7% | +1.1% | +1.1% | +1.3% | +0.4% | +0.1% | −0.2% | +0.4% | +0.9% | 0.0% |
| 2020 | +1.7% | +1.0% | −8.9% | −1.1% | +1.4% | +2.1% | −0.6% | 0.0% | +0.6% | −0.3% | +2.1% | +2.2% |
| 2019 | — | — | — | — | — | — | +0.6% | +1.1% | −0.3% | +0.2% | +0.3% | +0.5% |
NVHAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 3.90%
- 3-year Sharpe ratio: 0.05 (vs 4.5% risk-free rate)
- Best month: +3.58% (Nov 2023)
- Worst month: −1.67% (Sep 2023)
NVHAX Fund Flows
Monthly money in and out of Nuveen Short Duration High Yield Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $1.3B
- 12-month gross sales (incl. reinvestments): $4.2B
- Sales ÷ redemptions: 1.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $337.8M | $167.6M | $170.2M |
| May 2026 | $294.4M | $171.7M | $122.7M |
| Apr 2026 | $379.8M | $233.6M | $146.1M |
| Mar 2026 | $261.6M | $194.4M | $67.2M |
| Feb 2026 | $289.1M | $167.7M | $121.4M |
| Jan 2026 | $356.2M | $237.7M | $118.6M |
| Dec 2025 | $481.2M | $507.9M | −$26.7M |
| Nov 2025 | $275.0M | $247.8M | $27.3M |
| Oct 2025 | $393.9M | $212.6M | $181.3M |
| Sep 2025 | $316.5M | $223.9M | $92.6M |
| Aug 2025 | $317.8M | $269.3M | $48.5M |
| Jul 2025 | $467.3M | $274.8M | $192.5M |
NVHAX Assets Under Management
Net assets of Nuveen Short Duration High Yield Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $6.93B |
| 2026-03-31 | $6.41B |
| 2025-12-31 | $6.15B |
| 2025-09-30 | $6.01B |
| 2025-06-30 | $5.65B |
| 2025-03-31 | $5.38B |
| 2024-12-31 | $5.03B |
| 2024-09-30 | $4.77B |
| 2024-06-30 | $4.50B |
| 2024-03-31 | $4.10B |
| 2023-12-31 | $3.93B |
| 2023-09-30 | $4.54B |
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.