Nuveen Enhanced Municipal Credit Stock News

NZF: Nuveen Muni With Average Statistics Still Rates A Buy

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 exceptiona

There's a crop of outsized dividends out there that are absurdly underpriced—I'm talking 14%-off discounts here. And our opportunity to pounce has arrived.

In this article, we take a fresh look at the tax-exempt Municipal CEF sector. Both Muni CEF discounts and yields are near their decade-high level, making the sector valuation attractive. We highlight

The Nuveen Municipal Credit Income Fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes. The fund seeks to invest in investment-grade

1 out of 22 CEF sectors positive on price and 3 out of 22 sectors positive on NAV last week. ETV/EXD merger completed.

Several municipal bond funds have attractive valuations right now. The increased likelihood of a U.S. recession could drive municipal bond prices higher.

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

Closed-end funds offer hefty yields and trade at discounts from the value of their underlying assets. But leverage poses a danger.

I don't quite understand who would be buying the PIMCO National municipal bond CEFs over the Nuveen national muni bond CEFs right now. These two fund sponsors of municipal bond closed-end funds are pr

There have been several periods over the last 10 years in which municipal bond CEFs have dropped -20% or more at market price, not including distributions. Before this year's rout, the most recent was

April saw a well above average number of net distribution cuts for the tax-exempt CEF sector - a direct outcome of rising leverage costs.

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

The recent CEF market drawdown has made it clear that it is those investors who maintain dry powder reserves that can fully take advantage of current attractive CEF yields.

StrategIQ Financial Group LLC lessened its position in shares of Tompkins Financial Co. (NYSEAMERICAN:TMP) by 1.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,557 shares of the financial services providers stock after selling 300 shares during the period. StrategIQ Financial Group LLC owned []