JFR News and Press, Nuveen Floating Rate Income Fund From 03/24/21

We've seen a lot of volatility in the last month across all risk assets, but closed-end funds have weathered it quite well. Taxables have performed much better than municipal CEFs which have been hit on NAV from rising interest rates. Balancing the portfolio between credit risks a...

13 out of 23 CEF sectors positive on price and 13 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. BSTZ/BMEZ boosts distributions by +48.7% and +45.0% respectively. For further details see: Weekly Closed-End Fund Roundup: March 7, 2021

2 out of 23 CEF sectors positive on price and 2 out of 23 sectors positive on NAV last week. MLPs lead, while Asia equity lags. Some Nuveen funds increase distributions due to adoption of a level distribution policy. For further details see: Weekly Closed-End Fund Roundu...

Several Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the adoption of a level distribution policy. Under the new policy, the Funds are increasing their current distribution rates as outlined below. The following dates apply to today’...

2021 will be a challenging year for bond investors, as we are starting off with low interest rates and rising inflation, explains Marvin Appel of Signalert Asset Management. As a result, I believe the most productive strategy for 2021 will be to search for higher yields in the form of...

December is a great time to look at some closed-end funds as the discounts tend to be relatively large. This fund just cleared out its portfolio and replaced management. There are at least two activists in the shareholder registry and likely more. The new portfolio looks entre...

23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV last week as election volatility subsides. NHF tender offer begins, with an expiration date of December 10, 2020. We discuss RIV's rights offering results in a separate report. For further de...

Stimulus talks continue as the two parties try to hash out a deal before the elections.  That deal before November is becoming more elusive. The September payrolls report showed that 661K jobs were added in the month, which was below expectations of 850K.  Unemployment rate ...

Nuveen: Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG), Nuveen AMT-Free Municipal Value Fund (NYSE: NUW), Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA), Nuveen Arizona Quality Municipal Income Fund (NYSE: NAZ), Nuveen Californi...

Nuveen Floating Rate Income Fund (JFR) declares $0.0485/share monthly dividend, 5.4% increase from prior dividend of $0.0460.Forward yield 7.0%Payable Nov. 2; for shareholders of record Oct. 15; ex-div Oct. 14.See JFR Dividend Scorecard, Yield Chart, & Dividend Growth. For further detai...