NHMFX Nuveen High Yield Municipal Bond R6 Forecast, Technical & Fundamental Analysis

Category HighYieldMuni

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A.I.Advisor

published Highlights

Industry description

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.

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A.I. Advisor

published General Information

General Information

Category HighYieldMuni

Profile

Fundamentals

Details

	1 Day
ACUIX	36.14	0.13	+0.36%
Columbia Dividend Opportunity C
QDVIX	12.32	0.04	+0.33%
EquityCompass Quality Dividend Instl
NWGPX	28.83	0.05	+0.17%
Nationwide WCM Focused Sm Cp A
FESOX	22.57	N/A	N/A
First Eagle Overseas C
VCGEX	6.36	N/A	N/A
VALIC Company I Emerg Economies

NHMFX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, NHMFX has been closely correlated with NHMRX. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if NHMFX jumps, then NHMRX could also see price increases.

Ticker / NAME	Correlation To NHMFX	1D Price Change %
NHMFX	100%	N/A
NHMRX - NHMFX	99% Closely correlated	N/A
NHMAX - NHMFX	99% Closely correlated	N/A
NHCCX - NHMFX	98% Closely correlated	N/A
MISHX - NHMFX	93% Closely correlated	+0.18%
FQCHX - NHMFX	93% Closely correlated	+0.23%
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