NDMO News and Press, Nuveen Dynamic Municipal Opportunities Fund of Beneficial Interest From 11/09/23

2023-11-09 16:42:27 ET Summary Municipal bonds provide tax advantages for investors, and the Nuveen Dynamic Municipal Opportunities Fund offers a huge yield. The fund has struggled to generate returns, primarily as it was launched at the tail end of the ZIRP bubble. We examine...

2023-09-01 15:47:25 ET Summary Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptionally cheap, with discounts wider than 99% of histor...

2023-06-02 13:15:24 ET Nuveen Dynamic Municipal Opportunities Fund ( NYSE: NDMO ) declares $0.062/share monthly dividend , in line with previous. Forward yield 6.98% Payable July 3; for shareholders of record June 15; ex-div June 14. See NDMO Dividend Scoreca...

As previously announced on April 10, 2023, John V. Miller effective today is no longer a portfolio manager for Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ), Nuveen Taxable Municipal Income Fund (NYSE: NBB), Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO), and Nuveen Dynamic M...

2023-05-29 05:00:42 ET Few folks realize it, but there’s a great place to invest our money to profit from “DC drama” like the debt-ceiling fiasco. It’s literally hiding in plain sight. I’m talking, oddly enough, about government debt! But not fed...

Nuveen Closed-End Funds Announce Updates to Certain Portfolio Management Teams PR Newswire NEW YORK , April 10, 2023 /PRNewswire/ -- Effective immediately, portfolio manager responsibilities for Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ), Nuv...

Nuveen Appoints Daniel Close as Head of Municipals PR Newswire John Miller to Retire After Successful 30-year Career Leadership Continuity Ensured as Well-Established Succession Marks the Next Stage for Industry-Leading Platform NEW YORK , ...

Summary 0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results. MLPs are the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on ...

Summary 17 out of 22 CEF sectors positive on price and 18 out of 22 sectors positive on NAV last week. RSF offering results. DEX tender offer expires. A new corporate actions tracker for our members. Author’s note: This article was released to CEF/ETF Income Labor...

Summary NDMO looks like a true bargain play here. The discount to NAV is quite wide and the yield is very high. Despite these positives, there are reasons for caution. I expect a dividend cut to be forthcoming which could be a short-term headwind for the share price. Non-rated munis...