THYIX vs. NHMRX
Compare and contrast key facts about Transamerica High Yield Muni (THYIX) and Nuveen High Yield Municipal Bond Fund (NHMRX).
THYIX is managed by Transamerica. It was launched on Jul 30, 2013. NHMRX is managed by Nuveen. It was launched on Jun 6, 1999.
Performance
THYIX vs. NHMRX - Performance Comparison
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THYIX vs. NHMRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
THYIX Transamerica High Yield Muni | 0.02% | 3.17% | 6.05% | 8.24% | -18.68% | 7.94% | 3.15% | 9.62% | 0.66% | 9.67% |
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, THYIX achieves a 0.02% return, which is significantly lower than NHMRX's 0.08% return. Over the past 10 years, THYIX has underperformed NHMRX with an annualized return of 2.36%, while NHMRX has yielded a comparatively higher 3.73% annualized return.
THYIX
- 1D
- 0.39%
- 1M
- -1.90%
- YTD
- 0.02%
- 6M
- 1.71%
- 1Y
- 2.26%
- 3Y*
- 4.73%
- 5Y*
- 0.33%
- 10Y*
- 2.36%
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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THYIX vs. NHMRX - Expense Ratio Comparison
THYIX has a 0.76% expense ratio, which is higher than NHMRX's 0.52% expense ratio.
Return for Risk
THYIX vs. NHMRX — Risk / Return Rank
THYIX
NHMRX
THYIX vs. NHMRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica High Yield Muni (THYIX) 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.
| THYIX | NHMRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.45 | 0.43 | +0.02 |
Sortino ratioReturn per unit of downside risk | 0.62 | 0.61 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.12 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.55 | 0.60 | -0.05 |
Martin ratioReturn relative to average drawdown | 1.42 | 1.44 | -0.02 |
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
| THYIX | NHMRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | 0.43 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.20 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.56 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.88 | 0.00 |
Correlation
The correlation between THYIX and NHMRX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
THYIX vs. NHMRX - Dividend Comparison
THYIX's dividend yield for the trailing twelve months is around 4.13%, less than NHMRX's 6.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THYIX Transamerica High Yield Muni | 4.13% | 4.52% | 3.93% | 3.18% | 2.81% | 3.10% | 3.64% | 3.65% | 3.81% | 3.10% | 4.42% | 3.40% |
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
THYIX vs. NHMRX - Drawdown Comparison
The maximum THYIX drawdown since its inception was -23.56%, smaller than the maximum NHMRX drawdown of -45.45%. Use the drawdown chart below to compare losses from any high point for THYIX and NHMRX.
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Drawdown Indicators
| THYIX | NHMRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.56% | -45.45% | +21.89% |
Max Drawdown (1Y)Largest decline over 1 year | -5.74% | -7.92% | +2.18% |
Max Drawdown (5Y)Largest decline over 5 years | -23.56% | -21.52% | -2.04% |
Max Drawdown (10Y)Largest decline over 10 years | -23.56% | -22.22% | -1.34% |
Current DrawdownCurrent decline from peak | -3.70% | -2.42% | -1.28% |
Average DrawdownAverage peak-to-trough decline | -4.61% | -5.35% | +0.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 3.28% | -1.08% |
Volatility
THYIX vs. NHMRX - Volatility Comparison
The current volatility for Transamerica High Yield Muni (THYIX) is 1.21%, while Nuveen High Yield Municipal Bond Fund (NHMRX) has a volatility of 1.87%. This indicates that THYIX experiences smaller price fluctuations and is considered to be less risky 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
| THYIX | NHMRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 1.87% | -0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 1.92% | 2.75% | -0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.72% | 8.04% | -2.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.34% | 6.81% | -1.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.96% | 6.71% | -1.75% |