NID News and Press, Nuveen Intermediate Duration Municipal Term Fund of Beneficial Interest From 04/02/20

The following Nuveen closed-end funds (each, a “Fund” and collectively, the “Funds”) announced today that each Fund’s 2020 Annual Meeting of Shareholders (the “Meeting”) has been postponed and that the meeting will be held as a virtual meeting:...

This article uses market data as of Monday close. Here we go again. In a stark repeat of the financial crisis era events, a number of municipal funds have begun to deleverage. At focus is the unwinding of tender option bonds - a financial structure that allows municipal funds to raise leve...

Given the sharp and fast drawdowns we have seen in the CEF market over the last few weeks, the obvious question is what are the options available to income investors that allow them to stay in the market but limit the volatility of their portfolios. Our response to this question has typically ...

At the start of January, PIMCO succumbed to the inevitable and cut distributions on a number of municipal closed-end funds. The move was emblematic in our view of a difficult market environment of low yields, flat curves, tight credit spreads, and higher cost of leverage than existed for most ...

Nuveen Intermediate Duration Municipal Term Fund (NYSE: NID ) had declared  $0.0425/share monthly dividend , in line with previous. More news on: Nuveen Intermediate Duration Municipal Term Fund, Dividend News, Read more ...

Author's note : This article was co-produced with Beer Money Arb and was originally released to CEF/ETF Income Laboratory members on October 17, 2019. Recently two Nuveen term funds underwent a tender offer with interesting terms and conditions attached that I discussed in a previous...

Note: This article was released to members on October 19, 2019. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end funds [CEFs] for further due diligence and investigation. Previous editions of ...

Introduction Over the past few months, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage and directional opportunities for active traders like us. Currently, we are cautious when we choose o...

In my opinion, the key to dealing with the future lies in knowing where you are, even if can't know precisely where you're going. Knowing where you are in a cycle and what that implies for the future is different from predicting the timing, extent and shape of the cyclical move. - Th...

Co-produced with PendragonY and Treading Softly for High Dividend Opportunities . We are pleased to provide an update on Reaves Utility Income Fund ( UTG ) a utilities Closed-End Fund ('CEF') that we recommended in October 2018 . UTG currently yields 6% and is still a solid bu...