Nuveen's High-Yield Muni Fund Faces $731 Million Outflow Despite 4.2% Return
Nuveen's high-yield muni fund sees significant $731 million outflows, despite delivering a 4.2% return, underperforming the market index.
Nuveen experienced $731 million in outflows from its high-yield muni fund, which returned 4.2% this year, trailing the market index.