CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Back To Fund Screener

Nuveen Municipal 2021 Target Term Fund (NHA)

National Muni Bond Funds - Muni High Yield

Data as of Aug. 23, 2019
Market Price $9.73 ( $0.00)
NAV (Aug. 23, 2019) $9.92 ( $0.00)
Premium / Discount -1.92% (-0.00%)
Fund Info
Inception Jan. 27, 2016
Sponsor Nuveen Fund Advisors
Website www.nuveen.com/CEF/Pro...
Objective: High level of current income exempt from federal income tax and to return the Original $9.85 net asset value per common share on or about March 1, 2021
Related Indexes
Term Municipal Fund Index
Capital & Leverage
Outstanding Shares 8,622,711
Total Assets (Reported: July 31, 2019) $85M
Estimated Total Assets $86M
Net Assets $86M
Market Cap $84M
Purchases Turnover 7.70%
Sales Turnover 34.42%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 0.69%
Non Lev Exp Ratio 0.69%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -0.31%
Discount Low(3 Yr) -4.70%
Discount High(3 Yr) 7.33%
Discount Rel Range 23.13%
Comp Discount 1.41
Discount St Dev (1Yr) 0.90
Z-Stat (6mo) 0.15
Z-Stat (1Yr) 0.62
Z-Stat (3Yr) -0.58
Comp Z-Stat (6mo) 0.40
Comp Z-Stat (3Yr) -0.53
Distribution Data
Market Yield 1.85%
Income Yield 1.85%
Lev Adj NAV Yield 1.81%
Distribution Frequency M
Current Distribution $0.015
Current Income $0.015
Ex-Date 8/14/19
Payable Date 9/3/19
Div Growth (3yr) -25.00%
Dividend Change -9.1% on 9/4/18
Expected Div 9/3/19
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $131
Avg Volume 30 day 10,237
Avg Volume 90 day 13,462
Volume Trend -23.96%
Comp Volume Trend -28.31%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's High Yield Municipal Index
Most Correlated Peer (Mk Pr): CMU 24.0%
NAV - Price Correlation (30 d) 44.9%
NAV - Price Correlation (90 d) 29.4%
NAV - Price Correlation (1 Yr) 88.3%
Price St Dev (1Yr) 8.6%
NAV St Dev (1Yr) 1.0%
Earnings / Share (7/31/19) $0.016
Earn Coverage 106.67%
Earnings Trend Down
UNII / Share (7/31/19) $0.067
Rel UNII 37.33
UNII Trend Up
Bond Specific Data
Maturity 1.97
Duration 1.25
Credit Rating (rbo) BBB
Investment Grade 56.20%
Non Investment Grade 27.90%
Unrated Bonds 16.00%
Average Bond Price 102.66
Discount vs Price 0.74
Coupon 4.61%
Zero Coupon 3.37%
AMT 13.98%
AMT Yield 1.78%
Bond Calls Risk 7.20%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index


CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2016. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.