JMF News and Press, Nuveen Energy MLP Total Return Fund of Beneficial Interest From 03/20/20

By Brian Watson, CFA , Senior Portfolio Manager As coronavirus concerns bring volatility to all markets, the fundamentals of the energy midstream sector still appear solid to us. In February, although the entire market was rocked by coronavirus worries, the master limited partnership ...

By Michael Laitkep With market and energy volatility continuing, today's note follows up on last week's piece on MLP leverage by examining two prevalent questions emerging from the current market environment: 1) Are any MLPs facing refinancing risk due to near-term debt maturities? and 2...

The balance between supply and demand of MLP paper has always been delicate. In the past, it was a balance between perpetually growing inflows and equity issuance. There were times when equity offerings temporarily overwhelmed investor appetite for MLPs. But as liquidity has diminished in rece...

Whenever CNBC breaks out its “Markets in Turmoil“ chyron, markets tend to rally. Not this time! This is my 21st year in the capital markets. I have seen some crazy stuff. Actually, 99% of the stuff I have seen is boring stuff, but it’s the crazy stuff that I remember. ...

Oil markets and energy stocks have gone from bad to worse in response to Saudi Arabia effectively declaring an oil price war over the weekend. Today's piece addresses some of the key investor questions that have stemmed from the move in oil prices. Specifically, we discuss MLP distributions, l...

Recent market conditions, including the sharp sell-off of energy and energy-related securities, have led management to take certain actions impacting Nuveen Energy MLP Total Return Fund (NYSE: JMF) and Nuveen All Cap Energy MLP Opportunities Fund (NYSE: JMLP). Specifically, both funds are pay...

During events creating fear and uncertainty, the market can swing wildly and potentially overreact to the upside or downside on new developments. Uncertainty continues to weigh on the broader market as the impact of the coronavirus becomes more widespread. Even before market fears of the coron...

Two sequential cuts in the AMZI and four cuts in the AMZ The pie charts below show quarter-over-quarter (q/q) or sequential distribution changes for constituents of the Alerian MLP Index (AMZ) and the Alerian MLP Infrastructure Index (AMZI) comparing 4Q19 to 3Q19. To clarify, 4Q19 distri...

Author's note: Data in this report are from January 31, 2020. Please check latest data before making investment decisions. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, a...

By Brian Watson, CFA, Senior Portfolio Manager In January, the master limited partnership ((MLP)) sector saw two more companies eliminate incentive distribution rights (IDRs) and the beginning of Q4 earnings season. In our Chart of the Month, we look back at oil demand during the SARS ...