Nuveen High Yield Municipal Income
Nuveen High Yield Municipal (AMEX: NHYM) is an exchange-traded fund listed on NYSE Arca, trading at $22.93 (about ₹2,203 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.35% and holds 266 securities. Indian residents can buy NHYM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$22.93
Today's high
$23.02
52 week low
$22.93
52 week high
$25.33
NHYM opened at $22.97, closed previously at $23.03, and has traded between $22.93 and $25.33 over the past 52 weeks.
About
This fund utilizes an active management strategy, primarily investing in municipal debt classified as speculative-grade or unrated. The portfolio typically holds securities with a weighted average maturity exceeding ten years. A substantial team of credit analysts diligently works to identify undervalued opportunities and capitalize on inefficiencies within the municipal bond market. The central aim of this approach is to deliver a significant stream of tax-free income to investors.
Key statistics
Expense ratio
0.35%
Assets (AUM)
$129.4M
Holdings
266
NAV
$23.01
Avg. volume
—
1-year price change
-6.98%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
NHYM holds 266 securities in total. These 10 are 13.4% of the fund.
Where the money is invested
Sectors
Countries
How to buy NHYM from India
Indian residents can buy NHYM units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search NHYM and buy
Find the fund by its ticker, NHYM, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in NHYM from India
Trading and taxes when buying NHYM from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the NHYM price today?
Nuveen High Yield Municipal (NHYM) last traded at $22.93 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹2,203 a unit at the 29 Sep 2026 USD/INR rate.
When does NHYM trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is NHYM, and what does it cost to hold?
Nuveen High Yield Municipal manages about $129.4M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 2025.
What are NHYM's largest holdings?
The top three are STATE STREET INSTITUTION (2.1%), NY LIBERT 5.% 11/15/44 (1.9%) and CA STWD C 5.25% 12/01/56 (1.5%). NHYM's 10 largest positions make up 13.4% of the fund.
Does NHYM pay dividends?
Yes. NHYM is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on NHYM taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of NHYM?
Yes. You can buy NHYM by amount rather than by whole unit, and there is no minimum trade size.
How has NHYM performed?
NHYM's price is down 7.0% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.