Nuveen Amt-Free Quality Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york--(business wire)--nuveen closed-end funds today announced that the board of trustees of the funds has approved the regular monthly and quarterly distributions. in addition, the board of trustees has approved updated distribution polices described below under “monthly & quarterly distributions” for the nuveen preferred & income opportunities fund (nyse: jpc), nuveen preferred and income term fund (nyse: jpi), nuveen variable rate preferred & income fund (nyse: npfd), nuveen.

New york--(business wire)--nuveen today announced that the nuveen amt-free quality municipal income fund (nyse: nea) declared a post-reorganization distribution. this distribution follows the pre-reorganization distribution, announced on january 26, 2021. the following dates apply to today's post-reorganization distribution declaration: record date february 18, 2021 ex-dividend date february 17, 2021 payable date march 1, 2021 per share distribution ticker exchange fund name tax-exempt income nea nyse nuveen amt-free quality municipal income fund $0.0241 as previously indicated in the announcement of the pre-reorganization distribution declared january 26, 2021, payable march 1, 2021, nea is declaring an additional distribution, payable march 1, 2021 to ensure that the total dollar amount of the pre- and post-merger distributions received on march 1, 2021 will be equal to or greater than the prior monthly distributions of each of num and nea...

New york--(business wire)--the reorganization of nuveen michigan quality municipal income fund (nyse: num) into nuveen amt-free quality municipal income fund (nyse: nea) was completed prior to the open of the new york stock exchange on february 8, 2021. in the reorganization, nea acquired substantially all of the assets and liabilities of num in a tax-free transaction in exchange for newly-issued common shares in an aggregate amount equal in value to the net assets transferred. the exchange was

New york--(business wire)--two nuveen closed-end funds announced pre-merger distributions. the specific distribution dates and amounts are detailed below. as previously announced, the shareholders of nuveen michigan quality municipal income fund (nyse: num) have approved the fund’s reorganization into nuveen amt-free quality municipal income fund (nyse: nea). the pre-merger distribution for each fund being acquired is intended to fully distribute the acquired fund’s accumulated undistributed net investment income (unii) prior to the reorganization going effective. as previously announced, following the transactions, the surviving fund, nea, is expected to declare an additional post-closing distribution, with a record date of february 18, 2021, payable march 1, 2021...

New york--(business wire)--shareholders of the nuveen michigan quality municipal income fund (nyse: num) have approved the fund's reorganization into nuveen amt-free quality municipal income fund (nyse: nea). subject to the satisfaction of certain customary closing conditions, the transaction is expected to become effective before the market opens on february 8, 2021. the monthly distributions typically declared the first business day of the month for num and nea will be replaced by pre-closing

Once you reach the age of 73, there's no getting around Required Minimum Distributions (RMDs). Yet while there's no getting around making this compulsory withdrawal from your 401(k) or IRA, consider investing it rather than spending it.

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

XMPT: Muni Bond CEFs Looking More Appealing

NUW: Tax-Free AMT-Free Income While Waiting For Upside

The Nuveen AMT-Free Quality Municipal Income Fund has experienced a Q4 rally and a boost in income, leading to gains for investors. However, the fund's income boost may not be sustainable, so investors should weigh this carefully if they plan to hold beyond the short-term. Lower inflation is a positive for bonds, including munis. This is because the Fed is unlikely to raise its benchmark rate further.

October was a challenging month for the equity and fixed-income markets, with surging risk-free rates in the Treasury market putting pressure across the board. I've added to positions with utility, REIT, and municipal bond exposure, taking advantage of some extraordinary discounts in the closed-end fund space. The key theme was to continue to limit adding any significant fund-level leverage to my portfolio in the current month, as I've been doing throughout this year.

Municipal Bond CEFs have historically wide gaps between price and NAV due to investor dislike of rate increases. Once the FOMC stops, these funds should recover. The NEA CEF is reviewed in detail as the start of a due diligence process investors are encouraged to complete. The NEF CEF is recommended for long-term investors, despite potential rate hikes. Delayed entry or use a swap trade with a similar fund an investor owns at a loss.

The article evaluates the Nuveen AMT-Free Quality Municipal Income Fund as an investment option at its current market price. NEA is a multi-state, closed-end fund aiming to provide current income exempt from regular federal income tax and the alternative minimum tax. Despite its tax-free objective, the fund has performed poorly, losing double digits since July 2022.

April saw the market continuing to push off the lows it touched in March due to bank failures. Despite the overall uncertainty and precarious banking situation, the overall market volatility has continued to sink lower and lower.

Several municipal bond funds have attractive valuations right now. The increased likelihood of a U.S. recession could drive municipal bond prices higher.