Nuveen's High-Yield Muni Fund Underperforms with $731M Outflows
Nuveen's high-yield municipal bond fund struggles with $731 million outflows and a 4.2% return, trailing the Bloomberg Muni High-Yield Index.
Nuveen's high-yield muni fund faced $731 million in outflows and returned 4.2%, underperforming the index.