Nuveen Short Duration Credit Stock News

We review CEF market valuation and performance through the second week of July and highlight recent market action. CEFs had a good week overall as NAVs gained, however, discounts remain sluggish. The

Nuveen announced the merger of its senior loan funds: NSL, JRO, JSD and JFR. The merger is slated to close July 31, 2023. Currently, arbitrage opportunities are slim.

Only funds with yields over 8%, coverage higher than 90%, and trading at a discount are considered. Top lists of discount, yield, DxY, and DxYxZ are given. The top DxY funds are HFRO, JSD, and JRO.

The Nuveen Short Duration Credit Opportunities Fund (JSD) is a fixed-income closed-end fund. The fund has a low 0.5 years duration.

As we enter the fourth quarter of 2021, we are inching closer to the eventual rate hikes from the Fed. We've been continuing to monitor the senior loan fund space to find some opportunities worth expl

I have tried to reduce my overall CEF allocation- I continue to make some rotational trades into areas of the marketplace I think are best positioned for gains.

We've seen a lot of volatility in the last month across all risk assets, but closed-end funds have weathered it quite well.

Senior loan funds are showing some opportunities at some deep discounts. These funds should benefit from increasing interest rates, but that could be years before playing out.

Performance in the high yield market hasn't been quite as strong as the S&P 500. While total return levels in the high yield market are important to track, spreads in high yield debt relative to treas

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given.

The sudden stop to markets induced by COVID-19 caused a substantial repricing of credit risk globally, and central banks, treasuries, and ministries of finance around the world responded unequivocally

We downgrade investment grade credit to neutral and increase our overweight in high yield as we see volatility rising after a rally in risk assets.

As the mid-March 2020 market volatility affected USD corporate bond prices, it also compromised their liquidity.

CEF discounts remain significantly wider than their historical average, indicating attractive valuations.

The sharp rebound of global stocks and investment-grade bonds in the second quarter left higher-income assets behind.