Nuveen Mortgage Opportunity Term Fund Stock News

For the first month in three, equity CEFs (-0.59% on a NAV basis) suffered losses while their fixed-income CEF (+0.49%) counterparts on average posted plus-side returns. At month-end, 11% of all CEFs

Key Decision Factors For CEF Allocation In Today's Market

U.S. home sales declined in 2022 and continued to cool down in the first half of 2023 due to high mortgage rates and low inventory. Housing prices have risen over the past two years and may continue t

19 out of 22 CEF sectors are positive on price, and 21 out of 22 sectors are positive on NAV. KYN/KMF merger completes. NXG Cushing Midstream Energy Fund rights offering begins.

Nuveen Mortgage and Income Fund trades at a 14% discount and offers a 9.1% current yield. JLS has seen a 13% increase in net income, leading to steady distribution hikes. The fund's outperformance, ri

We provide a July update for the PIMCO CEF taxable suite. Taxable coverage fell for the second straight month while tax-exempt coverage remained stable. PIMCO is doing a tender offer of their very exp

We take a look at JLS - a CEF that allocates primarily to mortgage and securitized assets. JLS has a significant allocation to higher-quality floating-rate assets, which aligns well with today's envir

The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors

17 out of 22 CEF sectors positive on price and 18 out of 22 sectors positive on NAV last week. RSF offering results.

We take a look at JLS - a CEF that allocates primarily to mortgage and securitized assets. JLS has a significant allocation to higher-quality floating-rate assets which aligns well with today's enviro

Most bread-and-butter income sectors took significant losses this year and this includes high-quality sectors like investment-grade bonds which normally outperform in weakness. In this article, we hig

We review CEF market valuation and performance through the last week of March and highlight recent market action.

Many income portfolios are heavily overweight corporate risk whether through equity or credit-linked securities. Consumer-facing risk offers diversification and good value.

CEF Weekly Market Review: The Attraction Of Shadow High Yielders

We review CEF market valuation and performance over the fourth week of November and highlight recent mark. The last full week of November continued the weak trend earlier in the month.