NAD News and Press, Nuveen Quality Municipal Income Fund From 07/02/20

By John R. Mousseau, CFA As we come to the end of the second quarter of 2020, the pandemic is still with us, with cases are rising in the South and the West in a resurgence of the virus, amid further issues involving social unrest. Today, we take a look at the tax-free municipal bond marke...

By Nicholas Bucklin, CFA, Vice President, Portfolio Manager, Franklin Templeton Fixed Income; Daniel Workman, CFA, Vice President, Portfolio Manager Franklin Templeton Fixed Income In the municipal bond market, the issuance of green bonds has provided an attractive solution for investors ...

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(This report was issued to members of Yield Hunting on Sunday, June 14, 2020. We issue similar commentary every Sunday night) Macro Picture Volatility returned this week in a big way with the Dow recording one of its largest point declines ever. The renewed fears of a second wave of coro...

By Daryl Clements Caught in the COVID-19 economic downdraft, the municipal market suffered unprecedented volatility in March. Since then, however, demand for higher-grade municipal bonds has soared, driving the Bloomberg Barclays AAA Municipal Index up 11% between its March 23 low and May ...

Author's note: This article was released to CEF/ETF Income Laboratory members on June 8, 2020. Please check latest data before investing. 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 t...

By Mark Paris, Chief Investment Officer, Head of Municipal Strategies, Invesco Fixed Income , and Timothy Spitz, Product Director We examine the state of the municipal bond market over the past few months. The municipal bond market has seen a nice recovery in investment-grade names ...

By David Ambler, Matthew Norton Default rates by municipal bond issuers have been remarkably low over the years. It's an impressive track record, and it explains why defaults by municipal issuers Puerto Rico and Detroit have made front-page news when they happen-they're actually quite rare...

By Patricia Healy, CFA, Senior Vice President of Research and Portfolio Manager Municipalities derive their revenues from many sources. At the state level, sales taxes, personal income taxes, and corporate taxes are the largest sources of revenue; and there are other taxes and fees that st...

Author's note: This article was released to members on June 1, 2020. Please check latest data before investing. 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...