JCO News and Press, Nuveen Credit Opportunities 2022 Target Term Fund of Beneficial Interest From 07/16/21

Within the non-investment grade credit markets, issuer default rates are an important driver of market and portfolio performance. We believe 2020 ended the credit cycle that began following the global financial crisis, with 2021 marking the start of a new cycle. The duration of th...

During much of last quarter, the Atlanta Fed’s GDPNow model indicated an annual rate over 10% for the second quarter, but last Friday, they downgraded their estimate to the lowest number we’ve seen since the quarter began - an annual pace of just 7.8%, down from +8.6% on Jul...

Risk-adjusted performance for the Global Market Index (GMI) continued to push higher in June, based on the annualized Sharpe ratio for a rolling ten-year window via monthly data. GMI’s 10-year SR increased to 0.84, the highest in 18 months. GMI is an unmanaged, market-value...

4 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. ACP's rights offering was fully subscribed, causing a -3% NAV hit. BST's rights offering is ongoing, what to do for investors. FSLF will liquidate in another Saba victory, a slim arbit...

The expected risk premium for the Global Market Index (GMI) resumed an upward drift in June, rising to an annualized 6.0%. The current risk premium forecast for GMI - 6.0% - suggests that multi-asset-class strategies will generate lower returns relative to results posted in recent yea...

Nuveen Credit Opportunities 2022 Target Term Fund (JCO) declares $0.034/share monthly dividend, in line with previous.Forward yield 4.89%Payable Aug. 2; for shareholders of record July 15; ex-div July 14.See JCO Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see...

We review CEF market valuation and performance over the past week and highlight recent events. We highlight news and market action across a number of CEFs such as HFRO, FSLF, IGI, and a pair of Invesco loan funds. Valuation and distribution challenges remain two key risks for CEF ...

20 out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. MLPs lead, while commodities lag. Covered call increased most in premium/discount valuation last week. For further details see: Weekly Closed-End Fund Roundup: June 13, 2021

The question is - given the low in March ’09 and the previous highs exceeded in late April ’13 - is the secular bull market 13 years old or just a little over 8 years old, and does it matter? Not only are the S&P 500 and Nasdaq bumping all-time highs, but Europe and ...

20 out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. GAB rights offering is now live. IGA/IGD/IDE tender results were pleasing, DEX tender coming up. DSE to merge into an open-ended fund soon. Portfolio holdings: distribution boost...