|Bid||0.00 x 800|
|Ask||0.00 x 2200|
|Day's Range||16.65 - 16.74|
|52 Week Range||14.65 - 16.87|
|Beta (5Y Monthly)||0.97|
|PE Ratio (TTM)||25.93|
|Forward Dividend & Yield||1.06 (6.36%)|
|Ex-Dividend Date||Dec 10, 2019|
|1y Target Est||N/A|
The 19(a) quarterly distribution notices for six Nuveen closed-end funds are now available. These informational notices provide further details on the sources of the funds’ quarterly distributions and follows the most recent quarterly distribution announcements. The full text of these notices is available below or on the Nuveen website via Distribution Source Estimates.
Investors looking for a high income stream often balk at closed-end funds (CEFs) because of their higher fees.CEFs' average annual fees sit at 1.09% (or $109 for every $10,000 invested), according to CEF Insider data, though it's not unusual to see fees in the 3%-4% range. While it's not a perfect comparison, Morningstar data shows that the asset-weighted average fee for mutual funds and exchange-traded funds (ETFs) in 2018 was just 0.48%. And many ETFs are far cheaper than that - SoFi even launched a pair of "zero-fee" funds in April.Fees matter because they directly impact returns. "The higher the fee, the higher the hurdle for the ETF or mutual fund to keep up with their respective benchmark," says Brian Parker, co-founder and managing director of EP Wealth Advisors in Torrance, California. Fail to keep up with that benchmark, and investors lose. High-cost funds can cost investors literally tens of thousands of dollars not just in the returns themselves, but opportunity cost (you have less money to reinvest and grow over time).However, it occasionally pays to pay more. CEFs, for instance, deliver sky-high yields several times more than the average ETF yield - a boon for income investors who simply want to sit and collect checks over a long period of time rather than sell off assets to register returns. At the same time, you don't need to tolerate absurdly high fees, especially from funds that don't perform.With that in mind, here are seven cheap CEFs to buy. Each closed-end fund boasts annual expenses below the CEF average. SEE ALSO: The 10 Best Closed-End Funds (CEFs) for 2019
Nuveen Nasdaq 100 Dynamic Overwrite Fund , Nuveen S&P 500 Dynamic Overwrite Fund , Nuveen Dow 30℠ Dynamic Overwrite Fund , Nuveen S&P 500 Buy-Write Income Fund and Nuveen Real Estate Income Fund have declared their regular quarterly distributions.