ETF profile for Nuveen High Yield Municipal Bond ETF (NHYM) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
NHYM ETF Profile
| Family: |
Nuveen |
| Name: |
Nuveen High Yield Municipal Bond ETF |
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| Inception Date: |
22-Jan-2025 |
| Termination Date: |
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| Investment Objective: |
Nuveen High Yield Municipal Bond ETF is an actively managed portfolio that focuses primarily on non-investment-grade and unrated municipal bonds with a weighted average maturity of more than 10 years. A large team of credit analysts seeks value, targeting municipal bond market inefficiencies in pursuit of the Fund's primary goal to provide investors with a high level of tax-exempt income. 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 income tax. Regular federal income tax is different from, and does not include, the federal alternative minimum tax. These municipal bonds include obligations issued by U.S. states and their subdivisions, authorities, instrumentalities and corporations, as well as obligations issued by U.S. territories that pay interest that is exempt from regular federal income tax. The Fund may invest without limit in municipal bonds that generate income subject to the alternative minimum tax on individuals. Income received from the Fund's municipal bonds may affect the federal corporate alternative minimum tax for certain corporations. |
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| Prospectus |
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| Top 10 Holdings |
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Top 10 Holdings Weight: |
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| Number of Holdings: |
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| Shares Outstanding: |
6,050,000 |
| Total Net Assets: |
144,432,864 |
| NAV: |
23.91 |
| Net Expense Ratio: |
0.35% |
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| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
Municipal - National |
| Maturity Duration: |
Long (10 + years) |
| Market Cap: |
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| Credit Quality: |
High Yield |
| Mortgage Bond Types: |
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| Bond Type: |
Municipal |
| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
