NUV vs. NHMRX
Compare and contrast key facts about Nuveen Municipal Value Fund Inc. (NUV) and Nuveen High Yield Municipal Bond Fund (NHMRX).
NUV is an actively managed fund by Nuveen. It was launched on Apr 8, 1987. NHMRX is managed by Nuveen. It was launched on Jun 6, 1999.
Performance
NUV vs. NHMRX - Performance Comparison
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NUV vs. NHMRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NUV Nuveen Municipal Value Fund Inc. | 0.96% | 10.27% | 4.04% | 3.99% | -14.03% | -3.51% | 7.50% | 19.75% | -4.83% | 10.33% |
NHMRX Nuveen High Yield Municipal Bond Fund | 0.08% | 3.24% | 5.62% | 7.31% | -14.96% | 10.37% | 3.25% | 12.59% | 2.06% | 12.10% |
Returns By Period
In the year-to-date period, NUV achieves a 0.96% return, which is significantly higher than NHMRX's 0.08% return. Over the past 10 years, NUV has underperformed NHMRX with an annualized return of 2.44%, while NHMRX has yielded a comparatively higher 3.73% annualized return.
NUV
- 1D
- 0.67%
- 1M
- -1.81%
- YTD
- 0.96%
- 6M
- 2.85%
- 1Y
- 7.83%
- 3Y*
- 5.22%
- 5Y*
- -0.23%
- 10Y*
- 2.44%
NHMRX
- 1D
- 0.84%
- 1M
- -2.02%
- YTD
- 0.08%
- 6M
- 1.84%
- 1Y
- 2.82%
- 3Y*
- 4.31%
- 5Y*
- 1.37%
- 10Y*
- 3.73%
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NUV vs. NHMRX - Expense Ratio Comparison
Both NUV and NHMRX have an expense ratio of 0.52%.
Return for Risk
NUV vs. NHMRX — Risk / Return Rank
NUV
NHMRX
NUV vs. NHMRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Municipal Value Fund Inc. (NUV) and Nuveen High Yield Municipal Bond Fund (NHMRX). 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.
| NUV | NHMRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.43 | +0.63 |
Sortino ratioReturn per unit of downside risk | 1.56 | 0.61 | +0.95 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.12 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.87 | 0.60 | +1.27 |
Martin ratioReturn relative to average drawdown | 6.48 | 1.44 | +5.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NUV | NHMRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 0.43 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.20 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.56 | -0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.88 | -0.59 |
Correlation
The correlation between NUV and NHMRX is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
NUV vs. NHMRX - Dividend Comparison
NUV's dividend yield for the trailing twelve months is around 4.31%, less than NHMRX's 6.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUV Nuveen Municipal Value Fund Inc. | 4.31% | 4.30% | 4.16% | 3.94% | 3.91% | 3.41% | 3.35% | 3.48% | 4.01% | 3.99% | 4.10% | 3.95% |
NHMRX Nuveen High Yield Municipal Bond Fund | 6.20% | 6.54% | 5.79% | 7.34% | 5.64% | 5.09% | 5.03% | 5.39% | 5.47% | 5.38% | 5.88% | 5.60% |
Drawdowns
NUV vs. NHMRX - Drawdown Comparison
The maximum NUV drawdown since its inception was -35.42%, smaller than the maximum NHMRX drawdown of -45.45%. Use the drawdown chart below to compare losses from any high point for NUV and NHMRX.
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Drawdown Indicators
| NUV | NHMRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.42% | -45.45% | +10.03% |
Max Drawdown (1Y)Largest decline over 1 year | -4.20% | -7.92% | +3.72% |
Max Drawdown (5Y)Largest decline over 5 years | -28.29% | -21.52% | -6.77% |
Max Drawdown (10Y)Largest decline over 10 years | -28.29% | -22.22% | -6.07% |
Current DrawdownCurrent decline from peak | -8.61% | -2.42% | -6.19% |
Average DrawdownAverage peak-to-trough decline | -9.00% | -5.35% | -3.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.21% | 3.28% | -2.07% |
Volatility
NUV vs. NHMRX - Volatility Comparison
Nuveen Municipal Value Fund Inc. (NUV) has a higher volatility of 3.19% compared to Nuveen High Yield Municipal Bond Fund (NHMRX) at 1.87%. This indicates that NUV's price experiences larger fluctuations and is considered to be riskier than NHMRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUV | NHMRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.19% | 1.87% | +1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 4.86% | 2.75% | +2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.42% | 8.04% | -0.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.66% | 6.81% | +2.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.35% | 6.71% | +3.64% |