JMF News and Press, Nuveen Energy MLP Total Return Fund of Beneficial Interest From 03/29/20

Originally published on 03/27/20 Yesterday, Magellan Midstream Partners (MMP) updated investors on its business by holding a virtual Analyst Day. Management provided helpful commentary on the outlook for the MLP given the current environment. Today's Insights at a Glance covers some of t...

All high-yield assets have been crushed in this market - in some cases worse than equities. Closed-End Bond Funds ("CEFs"), Business Development Companies ("BDCs"), Real Estate Investment Trusts ("REITs"), preferred stocks, and even some mutual funds have been massacred. Why? Investors are...

By Stacey Morris At one time, the hope had been that investor focus would shift to midstream fundamentals instead of questions around structure. It's a good reminder to be careful what you wish for. Conversations around MLP consolidations or C-Corp conversions have been replaced by a focus...

Author's note: This article was released to CEF/ETF Income Laboratory members on March 16, 2020. 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, as well as to highlight rec...

By Michael Laitkep While pipelines are often considered the bread and butter of the MLP space, MLPs provide a wide range of midstream services, from gathering and processing activities near the wellhead to pipelines and terminals supporting distribution of gasoline and diesel further downs...

By Bryce Bingham With broader markets under pressure and MLP yields near all-time highs, many investors are questioning the stability of MLP distributions. Alerian has already addressed improved distribution coverage at length ( read more ), but what can we learn from the past? While inves...

By Stacey Morris In addition to updated financial guidance , midstream companies have also provided more disclosure around the nature of their cash flows. Specifically, there has been increased commentary around counterparties, minimum volume commitments, and the portion of cash f...

Nuveen Energy MLP Total Return Fund (NYSE: JMF) and the Nuveen All Cap Energy MLP Opportunities Fund (NYSE: JMLP) announced certain changes to the Funds’ strategies in response to recent market conditions, including the continued extreme volatility in the energy sector. JMF and JMLP ha...

It has been almost five years since I wrote "Why I Will Never Buy an MLP Again", and in that period of time, the Alerian MLP ETF ( AMLP ) has not done so well. Even before the coronavirus selloff, MLPs had given investors a pretty poor return; on a total return basis, AMLP had given invest...

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 ...