NCHCX: Nuveen California High Yield Municipal Bond Fund - MutualFunds.com
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Nuveen CA High Yield Municipal Bond C2

NCHCX - Snapshot

Vitals

  • YTD Return 2.0%
  • 3 Yr Annualized Return 6.0%
  • 5 Yr Annualized Return 4.4%
  • Net Assets $1.5 B
  • Holdings in Top 10 11.9%

52 WEEK LOW AND HIGH

$10.51
$9.86
$10.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.76%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 22.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Muni California Long

Compare NCHCX to Popular Municipal Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$14.91

0.00%

$86.38 B

-

$0.00

0.34%

0.17%

$11.26

+0.09%

$36.93 B

-

$0.00

0.00%

0.17%

$13.79

0.00%

$26.89 B

-

$0.00

1.25%

0.52%

$117.72

-0.08%

$22.71 B

-

-

0.54%

0.07%

$15.93

0.00%

$22.07 B

-

$0.00

-0.13%

0.17%

NCHCX - Profile

Distributions

  • YTD Total Return 2.0%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 4.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.45%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen California High Yield Municipal Bond Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Mar 28, 2006
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

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 and California personal income tax. These municipal bonds include obligations issued by the State of California and its subdivisions, authorities, instrumentalities and corporations, as well as obligations issued by U.S. territories.


NCHCX - Performance

Return Ranking - Trailing

Period NCHCX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -88.4% 9.1% 14.48%
1 Yr 12.0% -19.8% 22.3% 3.46%
3 Yr 6.0%* -6.1% 10.6% 9.84%
5 Yr 4.4%* -3.5% 7.1% 2.73%
10 Yr 7.3%* -0.2% 9.5% 1.76%

* Annualized

Return Ranking - Calendar

Period NCHCX Return Category Return Low Category Return High Rank in Category (%)
2020 1.9% -91.1% 310.0% 34.23%
2019 7.4% -79.8% 15.4% 2.88%
2018 -4.2% -72.6% 97.2% 83.85%
2017 6.7% -100.0% 7.6% 0.31%
2016 -4.7% -35.9% 96.8% 90.23%

Total Return Ranking - Trailing

Period NCHCX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -88.4% 8.7% 14.53%
1 Yr 11.0% -23.6% 29.0% 5.40%
3 Yr 6.0%* -6.9% 11.3% 9.72%
5 Yr 4.4%* -4.0% 7.1% 2.35%
10 Yr 7.3%* -0.4% 9.5% 1.50%

* Annualized

Total Return Ranking - Calendar

Period NCHCX Return Category Return Low Category Return High Rank in Category (%)
2020 1.9% -91.1% 310.0% 34.23%
2019 7.4% -79.8% 15.4% 2.88%
2018 -4.2% -72.6% 11.0% 83.90%
2017 6.8% -100.0% 7.6% 0.37%
2016 -4.6% -35.9% 3.0% 90.17%

NAV & Total Return History


NCHCX - Holdings

Concentration Analysis

NCHCX Category Low Category High NCHCX % Rank
Net Assets 1.5 B 901 K 86.4 B 23.88%
Number of Holdings 708 1 11766 12.01%
Net Assets in Top 10 171 M -241 M 4.86 B 19.37%
Weighting of Top 10 11.89% 2.4% 100.0% 83.59%

Top 10 Holdings

  1. CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 4% 1.90%
  2. PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% 1.52%
  3. CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.5% 1.50%
  4. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5% 1.31%
  5. CALIFORNIA MUN FIN AUTH SPL FAC REV 4% 1.30%
  6. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5.3% 1.07%
  7. PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.33% 1.00%
  8. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0% 0.78%
  9. PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% 0.76%
  10. CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 5% 0.75%

Asset Allocation

Weighting Return Low Return High NCHCX % Rank
Bonds
99.12% 51.33% 145.79% 54.26%
Cash
0.73% -45.79% 48.67% 45.80%
Stocks
0.14% -0.08% 2.59% 3.17%
Preferred Stocks
0.00% -3.41% 1.06% 1.53%
Other
0.00% -13.42% 30.00% 3.70%
Convertible Bonds
0.00% 0.00% 1.24% 1.53%

Stock Sector Breakdown

Weighting Return Low Return High NCHCX % Rank
Industrials
100.00% 0.00% 100.00% 14.29%
Utilities
0.00% 0.00% 0.00% 14.29%
Technology
0.00% 0.00% 0.00% 14.29%
Real Estate
0.00% 0.00% 0.00% 14.29%
Healthcare
0.00% 0.00% 0.00% 14.29%
Financial Services
0.00% 0.00% 0.00% 14.29%
Energy
0.00% 0.00% 0.00% 14.29%
Communication Services
0.00% 0.00% 0.00% 14.29%
Consumer Defense
0.00% 0.00% 0.00% 14.29%
Consumer Cyclical
0.00% 0.00% 100.00% 28.57%
Basic Materials
0.00% 0.00% 0.00% 14.29%

Stock Geographic Breakdown

Weighting Return Low Return High NCHCX % Rank
US
0.14% -0.08% 2.59% 3.17%
Non US
0.00% 0.00% 0.00% 1.25%

Bond Sector Breakdown

Weighting Return Low Return High NCHCX % Rank
Municipal
99.27% 39.29% 100.00% 49.54%
Cash & Equivalents
0.73% 0.00% 48.67% 49.14%
Derivative
0.00% 0.00% 0.10% 1.33%
Securitized
0.00% 0.00% 7.63% 3.05%
Corporate
0.00% 0.00% 13.54% 17.40%
Government
0.00% 0.00% 51.02% 5.62%

Bond Geographic Breakdown

Weighting Return Low Return High NCHCX % Rank
US
90.16% 0.00% 141.11% 87.79%
Non US
8.96% 0.00% 100.00% 2.89%

NCHCX - Expenses

Operational Fees

NCHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.76% 0.01% 4.23% 6.31%
Management Fee 0.53% 0.00% 1.12% 87.15%
12b-1 Fee 0.75% 0.00% 1.00% 70.90%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

NCHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 1.00% 0.25% 5.50% 37.68%

Trading Fees

NCHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NCHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 0.00% 299.40% 52.54%

NCHCX - Distributions

Dividend Yield Analysis

NCHCX Category Low Category High NCHCX % Rank
Dividend Yield 0.00% 0.00% 1.75% 5.29%

Dividend Distribution Analysis

NCHCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

NCHCX Category Low Category High NCHCX % Rank
Net Income Ratio 3.45% -1.65% 24.00% 6.66%

Capital Gain Distribution Analysis

NCHCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually

Dividend Payout History

View More +

NCHCX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 36.27 7.11 0.66