|Bid||15.10 x 500|
|Ask||15.59 x 2200|
|Day's Range||15.15 - 15.25|
|52 Week Range||13.65 - 15.50|
|PE Ratio (TTM)||25.04|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Each of Nuveen California Quality Municipal Income Fund , Nuveen Municipal Credit Income Fund , Nuveen California AMT-Free Quality Municipal Income Fund , and Nuveen AMT-Free Quality Municipal Income Fund , as part of an ongoing leverage management process, is contemplating, and has received Board approval for, certain actions related to one or more of each fund’s existing series of Variable Rate Demand ...
The Nuveen Municipal Credit Income Fund has successfully completed a $150.0 million private placement of MuniFund Preferred Shares , Series A with a “qualified institutional buyer”, as defined in Rule 144A under the Securities Act of 1933.
Nuveen, today announced that two municipal bond closed-end funds have filed with the Securities and Exchange Commission notices of intention to redeem all of their respective outstanding Institutional MuniFund Term Preferred shares.
Tax season can be a cringe-inducing affair with 1040s, 1099s and K-1s and Uncle Sam hovering above, looking for his cut. For investors who have bought into one of the 5 high-yielding funds I want to share with you today, this time of year is a friendly reminder of the greatness of municipal bonds.
Thinking of avoiding CEFs now that we’ve got another Fed rate hike in the books? It’s easy to see why, with the “smart money” expecting another hike just three months from now. In all, the market’s calling for three hikes this year, and so is Janet Yellen. But you’ll miss out on some serious income.
The last time this happened, municipal bonds soared 40% over the next 12 months. These usually-steady payers are coming off their worst month since September 2008, according to Standard & Poor’s, when its “muni” index dropped 4.8% (and popular funds fared even worse): The Last Muni Bloodbath in Sept 2008… October 1, 2008
Nuveen, an operating division of TIAA Global Asset Management, today announced that the Board of Trustees of each of 19 municipal closed-end funds have approved a plan to change the names of each fund.