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NPN - Weekly Review: Municipal Bond CEFs - The Benchmark Distributed Its Dividend
Nuveen Pennsylvania Municipal Value Fund of Beneficial Interest
Introduction
Over the past week, the market participants did not seem interested in safer assets such as municipal bonds. The appetite for higher yields was again on focus as the volatility caused by the coronavirus was normalized.
Throughout the article, you are going to see that the period is not the best one to be aggressive and to include many of the closed-end funds from this sector to your portfolio. We are cautious because the prices are relatively high from our perspective. Also, in our weekly articles, we are trying to show you which of