NVHIX Fees and Costs — Nuveen Short Duration High Yield Municipal Bond Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.67%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $74K in broker commissions, 0.0013% of average net assets, and portfolio turnover was 30%.
NVHIX Fees and Expenses
Annual operating expenses and sales charges of NVHIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
NVHIX Costs Over Time
On $10,000 invested in NVHIX, assuming 5% a year before costs, total costs come to $423 over 5 years, cutting the return by 0.70% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $70 | $232 | $423 |
| Value after costs | $10,430 | $11,345 | $12,340 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
NVHIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0013%
- Total broker commissions: $74K
- Bought from dealers (principal trades, not a cost): $4.3B
- Portfolio turnover (prospectus): 30%
- Securities on loan, average value: $28K
- Net income from securities lending: $2K (0.000% of average net assets)
NVHIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup | $74K | 100.00% |
NVHIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $969.5M | 25.31% |
| JPMorgan Securities LLC | $924.5M | 24.14% |
| Bank of America, National Association | $446.4M | 11.66% |
| Wells Fargo Securities, LLC | $392.6M | 10.25% |
| Morgan Stanley | $264.4M | 6.90% |
| Piper Sandler & Co. | $207.5M | 5.42% |
| Pershing LLC | $180.6M | 4.71% |
| RBC Capital Markets, LLC | $176.4M | 4.60% |
| Jefferies LLC | $164.7M | 4.30% |
| D.A. Davidson & Co. | $103.7M | 2.71% |
Nuveen Short Duration High Yield Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NVHIX | Class I | 0.67% | none |
| NVHAX | Class A | 0.87% | 2.50% |
| NVCCX | Class C | 1.67% | none |
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.