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NZF - Municipal CEF Sector Update: The Distribution Cut Wave Has Begun
April, 11 2022 12:22 PM
Nuveen Municipal Credit Income Fund
April saw a well above average number of net distribution cuts for the tax-exempt CEF sector - a direct outcome of rising leverage costs. The sector's valuation profile has moved very quickly from being very expensive to attractively valued. We highlight our allocation stance in the sector as well as a number of funds we like or are watching. For further details see:
Municipal CEF Sector Update: The Distribution Cut Wave Has Begun
Stock Information
Company Name:
Nuveen Municipal Credit Income Fund
Stock Symbol:
NZF
Market:
NYSE
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