NBB News and Press, Nuveen Taxable Municipal Income Fund of Beneficial Interest From 02/27/21

We regularly write about multi-basket income strategies. They mostly have similar underlying principles but vary in terms of income needs, growth goals, and risk levels. We will go over our thesis as to how a diversified income portfolio with an in-built hedging mechanism with low vol...

HYI is an unleveraged high yield portfolio; this can make it relatively less volatile than other high yield CEF options. The latest report has been released; in there, we can see that lowered interest rates cut into the fund's distribution coverage. Distribution coverage will rema...

FTHY is a term dated fund, with an anticipated liquidation date of August 1, 2027. The discount has been widening significantly lately, as the NAV rises and price diverge. This divergence has created an opportunity for this high yield term fund. For further details see: ...

December was another good month for CEFs with some discount tightening and NAV growth. The Core Portfolio was up over 1% with the NAV up 1.8%. The January Effect could bring discounts to an expensive level if the recent trends continue. At that point we would want to start reducing CE...

I like to add closed-end funds trading at a discount to NAV to my portfolio. The Guggenheim Strategic Opportunities Fund is extremely successful and led by bond guru Scott Minerd. Unfortunately it trades at a 20% premium. I like its portfolio a lot better compared to the last ...

2020 year-end review of our 8% Income Portfolio. This high-income portfolio has been through a pretty rough patch in the year 2020, but it's mostly back on its feet. The portfolio has been meeting its income goals handily but has not kept up in total returns this past year. We...

Nuveen Taxable Municipal Income Fund (NBB) declares $0.0995/share monthly dividend, in line with previous.Forward yield 5.05%Payable Feb. 1; for shareholders of record Jan. 15; ex-div Jan. 14.See NBB Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Nuveen...

NBB sits just under its 52-week high and sports a premium to NAV of almost 3%. While this fund has been a reasonable performer over the past few months, I believe getting a bit more cautious now makes sense. Taxable muni CEFs offer a way to boost yield without going down in credit...

23 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. Rally continues for the fifth week; MLPs lead again. DSL cuts distribution. For further details see: Weekly Closed-End Fund Roundup: December 6, 2020

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 ...