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NHMRX vs. MAYHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NHMRX and MAYHX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

NHMRX vs. MAYHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen High Yield Municipal Bond Fund (NHMRX) and BlackRock High Yield Municipal Fund (MAYHX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period


NHMRX

YTD

-2.82%

1M

4.26%

6M

-2.36%

1Y

-0.29%

5Y*

2.98%

10Y*

3.52%

MAYHX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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NHMRX vs. MAYHX - Expense Ratio Comparison

NHMRX has a 0.52% expense ratio, which is lower than MAYHX's 0.59% expense ratio.


Risk-Adjusted Performance

NHMRX vs. MAYHX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NHMRX
The Risk-Adjusted Performance Rank of NHMRX is 1919
Overall Rank
The Sharpe Ratio Rank of NHMRX is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of NHMRX is 1717
Sortino Ratio Rank
The Omega Ratio Rank of NHMRX is 1717
Omega Ratio Rank
The Calmar Ratio Rank of NHMRX is 2020
Calmar Ratio Rank
The Martin Ratio Rank of NHMRX is 1919
Martin Ratio Rank

MAYHX
The Risk-Adjusted Performance Rank of MAYHX is 9090
Overall Rank
The Sharpe Ratio Rank of MAYHX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of MAYHX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of MAYHX is 9393
Omega Ratio Rank
The Calmar Ratio Rank of MAYHX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of MAYHX is 9090
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NHMRX vs. MAYHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen High Yield Municipal Bond Fund (NHMRX) and BlackRock High Yield Municipal Fund (MAYHX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.



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Dividends

NHMRX vs. MAYHX - Dividend Comparison

NHMRX's dividend yield for the trailing twelve months is around 5.12%, while MAYHX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
NHMRX
Nuveen High Yield Municipal Bond Fund
5.12%5.35%5.55%5.64%4.70%5.04%5.00%5.47%5.38%5.88%5.68%5.79%
MAYHX
BlackRock High Yield Municipal Fund
3.17%4.20%4.12%3.94%3.27%3.57%3.74%4.16%4.16%4.30%4.36%4.36%

Drawdowns

NHMRX vs. MAYHX - Drawdown Comparison


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Volatility

NHMRX vs. MAYHX - Volatility Comparison


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