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Nuveen High Yield Municipal Bond A (NHMAX)

17.28 Down 0.03(0.17%) Feb 12

Profile as of Jan 30, 2016Get Profile for:
Nuveen High Yield Municipal Bond A
Nuveen Municipal Trust333 W Wacker Drive 33rd FloorChicago, IL 60606
Phone: 800-257-8787
Fund Overview 
Category:High Yield Muni
Fund Family:Nuveen
Net Assets:11.81B
Year-to-Date Return:0.92%
Morningstar Rating:4 stars
Fund Inception Date:Jun 7, 1999
Morningstar Style Box 
High Yield Muni
[View Category Definition]
View Top High Yield Muni Funds
About the Morningstar Style Box
Management Information 
John V. Miller
Lead Manager since Dec 31, 2000
John V. Miller, CFA, is Managing Director and Co-Head of Fixed Income at Nuveen Asset Management. Before being named to co-head of fixed income in 2011, he was chief investment officer for the firm’s municipal bond team starting in 2007. He was named a managing director and head of portfolio management for Nuveen Asset Management in 2006. Mr. Miller became a portfolio manager in 2000 after starting at the firm as a municipal credit analyst in 1996. He began working in the financial industry at a private account management firm in 1993. Miller earned a B.A. in Economics and Political Science from Duke University, an M.A. in Economics from Northwestern University, and an M.B.A. with honors in Finance from the University of Chicago.
Investment Information 
Min Initial Investment:3,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:3,000
Min Subsequent Investment:100
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:100
NHMAX can be purchased from 104 brokerages.

Fund Summary 
The investment seeks high current income exempt from regular federal income taxes; capital appreciation is a secondary objective. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests significantly in lower-quality long-term municipal bonds and may employ effective leverage through investments in inverse floaters.

Fund Operations 
Last Dividend (Jan 28, 2016) : 0.08
Last Cap Gain : 0.00
Annual Holdings Turnover (Feb 10, 2016) : 15.00%
Average for Category:19.97%
Fees & Expenses 
ExpenseNHMAXCategory Avg
Annual Report Expense Ratio (net):0.78%0.96%
Prospectus Net Expense Ratio:0.78%N/A
Prospectus Gross Expense Ratio:0.83%N/A
Max 12b1 Fee:0.20%N/A
Max Front End Sales Load:4.20%3.73%
Max Deferred Sales Load: N/A2.05%
3 Yr Expense Projection*:674502
5 Yr Expense Projection*:861772
10 Yr Expense Projection*:1,4021,482
* Per $10,000 invested