Nuveen Mutual Fund Quote

NHCCX -  USA Fund  

USD 15.14  0.05  0.33%

Market Performance
0 of 100
Odds Of Distress
Less than 1
Nuveen High is trading at 15.14 as of the 25th of June 2022; that is -0.33% down since the beginning of the trading day. The fund's open price was 15.19. Nuveen High has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Nuveen High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of April 2022 and ending today, the 25th of June 2022. Click here to learn more.
The investment seeks high current income exempt from regular federal income taxes capital appreciation is a secondary objective. Nuveen High is traded on NASDAQ Exchange in the United States. More on Nuveen High Yield

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Nuveen High Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Nuveen High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Nuveen High Yield generated a negative expected return over the last 90 days
Nuveen High Yield is unlikely to experience financial distress in the next 2 years
The fund maintains about 8.48% of its assets in bonds
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Nuveen High's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Startdate31st of December 2000
Nuveen High Yield [NHCCX] is traded in USA and was established 25th of June 2022. The fund is listed under High Yield Muni category and is part of Nuveen family. Nuveen High Yield now has accumulated 23.04 B in assets with no minimum investment requirements, while the total return for the last 3 years was 2.79%.
Check Nuveen High Probability Of Bankruptcy

Instrument Allocation

Top Nuveen High Yield Constituents

Nuveen High Target Price Odds Analysis

What are Nuveen High's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Nuveen High jumping above the current price in 90 days from now is under 95%. The Nuveen High Yield probability density function shows the probability of Nuveen High mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nuveen High has a beta of 0.1238. This indicates as returns on the market go up, Nuveen High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen High Yield will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Nuveen High Yield is significantly underperforming DOW.
  Odds Below 15.14HorizonTargetOdds Above 15.14
5.39%90 days
 15.14 
94.52%
Based on a normal probability distribution, the odds of Nuveen High to move above the current price in 90 days from now is under 95 (This Nuveen High Yield probability density function shows the probability of Nuveen Mutual Fund to fall within a particular range of prices over 90 days) .

Nuveen High Yield Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen High market risk premium is the additional return an investor will receive from holding Nuveen High long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nuveen High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nuveen High's alpha and beta are two of the key measurements used to evaluate Nuveen High's performance over the market, the standard measures of volatility play an important role as well.

Nuveen High Against Markets

Picking the right benchmark for Nuveen High mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nuveen High mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nuveen High is critical whether you are bullish or bearish towards Nuveen High Yield at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nuveen High without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Nuveen High Yield

You need to understand the risk of investing before taking a position in Nuveen High. The danger of trading Nuveen High Yield is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nuveen High is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nuveen High. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen High Yield is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Stocks Correlation. Note that the Nuveen High Yield information on this page should be used as a complementary analysis to other Nuveen High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Nuveen High Yield price analysis, check to measure Nuveen High's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuveen High is operating at the current time. Most of Nuveen High's value examination focuses on studying past and present price action to predict the probability of Nuveen High's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nuveen High's price. Additionally, you may evaluate how the addition of Nuveen High to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nuveen High's value and its price as these two are different measures arrived at by different means. Investors typically determine Nuveen High value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.