Nuveen Municipal Income 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)--the board of trustees of nuveen municipal income fund, inc. (nyse: nmi) has approved certain investment policy changes for the fund. the fund's investment objective to provide a high level of current income exempt from federal income tax remains unchanged. the policy changes grant the fund more flexibility to invest in lower rated municipal securities. the table below summarizes the changes, which are effective immediately. description of investment policy changes cur.

New york--(business wire)--as previously announced, the board of trustees of nuveen intermediate duration municipal term fund (nyse: nid) has approved the liquidation of the fund upon the fund’s originally scheduled termination date. nid intends to liquidate on or before march 31, 2023. the fund will not declare its regular monthly income distribution in march 2023 and expects to include any remaining undistributed net investment income with the fund’s final liquidating distribution. the fund anticipates making its final liquidating distribution on or about march 31, 2023. in connection with the liquidation, the fund anticipates providing an estimate of the amount of tax-exempt income included as part of the fund’s liquidating distribution...

New york--(business wire)--several nuveen closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date outlined below. the following dates apply to today’s distribution declarations: record date december 15, 2021 ex-dividend date december 14, 2021 payable date december 31, 2021 taxable amount per share short term long-term capital gain capital gain ticker exchange closed-end funds nuo nyse nuveen ohio quality municipal income fund - $0.0250 nim nyse nuveen select maturities municipal fund - $0.0008 nxc nyse nuveen california select tax-free income portfolio - $0.0395 nuw nyse nuveen amt-free municipal value fund $0.0205 $0.1714 nmi nyse nuveen municipal income fund, inc...

New york--(business wire)--several nuveen closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date outlined below. the following dates apply to today’s distribution declarations: record date december 13, 2019 ex-dividend date december 12, 2019 payable date december 31, 2019 taxable per share distribution amount ordinary short-term long-term ticker exchange fund name income capital gain capital gain nuo nyse nuveen ohio quality municipal income fund - - $.0601 ncb nyse nuveen california municipal value fund 2 - $.0338 $.0911 nyv nyse nuveen new york municipal value fund 2 - - $.2354 npn nyse nuveen pennsylvania municipal value fund - - $.0158 nxj nyse nuveen new jersey quality municipal income fund - - $...

The unleveraged municipal CEF, Nuveen Municipal Income, is trading at a 4.65% yield and a 7.5% discount. Despite the expectation of the Fed cutting the policy rate, unleveraged muni CEFs remain attractive options in income portfolios. NMI is a small fund with a modest 8.7 duration with a portfolio consisting of GO and revenue bonds, and an above-average holding of unrated securities.

Municipal CEF Sector Update: What We're Doing After A Roller Coaster Ride

Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptionally cheap, with discounts wider than 99% of historical observations. The risk-reward in the taxable bond CEF space is on the downside, while the upside potential in municipal CEFs is significant, but dependent on a shift in Fed policy and inflation.

We review CEF market valuation and performance through the first week of July and highlight recent market action. CEFs were roughly flat on the week as NAVs fell while discounts remained resilient. CEF discounts tend to be procyclical, which remains an odd but welcome feature of the CEF market.

3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut.

Namibia Critical Metals tells us of the joys of their Lofdal Rare Earth Project. I'm afraid that I don't really believe it - the full message that is.

The Treasury curve bear-steepened and muni yields followed higher. Moody’s: Covid-19 will result in state and local government austerity and higher leverage.

Treasury yields bear-steepened. Powell comments on desire for more inflation not immediately recognizable in yields.

At the beginning of this year, we created the Baskin Fixed Income Fund as a more efficient way to manage your fixed income investments.

Over the years, individual investors have flocked to municipal bonds to meet safety, income and after-tax return goals.