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NID - Municipal Sector Update: Munis Continue To Outperform As Markets Dislocate
June, 28 2022 10:59 AM
Nuveen Intermediate Duration Municipal Term Fund of Beneficial Interest
Despite rising Treasury yields, the Muni sector continues to outperform as the current market dislocation hits lower-quality sectors harder. We take a look at a number of misconceptions held by some CEF investors, especially regarding PIMCO vs. Nuveen funds. We continue to find the sector attractive given supply constraints, strong credit outlook and growing recession estimates. For further details see:
Municipal Sector Update: Munis Continue To Outperform As Markets Dislocate
Stock Information
Company Name:
Nuveen Intermediate Duration Municipal Term Fund of Beneficial Interest
Stock Symbol:
NID
Market:
NYSE
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