NAD News and Press, Nuveen Quality Municipal Income Fund From 05/23/22

RMM takes a unique approach to invest in individual muni bonds and muni closed-end funds. This approach is taken through two different managers, RiverNorth on the CEF side and MacKay Shields managers for the individual names. Based on the latest allocations, the fund is positioned...

We had a neutral opinion on ATAX when we last covered it. We look at the company again after Q1-2022 and note how it can be an alternative to both mortgage REITs and Muni Bond funds. We tell our readers how we played it for an 11.57% yield. For further details see: Ameri...

We review CEF market valuation and performance through the third week of April and highlight recent market action. CEF NAVs had a tough week due to falls in both stocks and Treasuries, however, discount tightening partially offset the drop. We take a look at the recent rise in lev...

Muni CEFs have been beaten up so far in 2022. This is the worst 3-month period in a non-recessionary environment for 3 decades. In prior periods of rising rates it has been a good time to get in as muni bonds tend to be resilient over time. While muni CEFs are much cheaper today t...

The market has broadly been under fire this year. While equities have rallied from time to time, the story behind bonds has been consistently negative. With this reality setting in, it is understandably hard to find a bullish argument. With the Fed acting more hawkish by the day, that...

Rating agencies reported that upgrades outpaced downgrades in 2021. The decline in the stock market produced concern that pension funding may decline, and the rise in inflation may reduce benefits. The shorter bonds can be sold to take advantage of large outflows from mutual funds...

We review CEF market valuation and performance through the last week of March and highlight recent market action. CEFs rallied strongly to close out a pretty poor quarter for returns. We discuss some of the misconceptions surrounding interest rates and the performance of loan CEFs...

RFM has been declining along with other long-duration assets, which we would expect when the expectation is higher rates. The monthly distribution was bumped up due to their target distribution yield; however, the latest declines would indicate cuts are in the future if it doesn't reb...

We have already seen quite a bit of volatility in the early stages of 2022. The good news is, the market has bounced back quickly after hitting correction territory (S&P 500). Inflation remains top of mind, so I will explore a few ways investors can stay ahead of it. Fixed-inc...

The municipal bond sector has broadly been under pressure over the past few quarters. This includes high yield munis, passive ETFs, and CEFs of all stripes. The causes are multi-fold. Rising yields, lack of movement on tax rates, and continued uncertainty on further legislative change...