NID News and Press, Nuveen Intermediate Duration Municipal Term Fund of Beneficial Interest From 04/12/21

We take a look at the Municipal CEF sector which has been buffeted over the past few months by rising Treasury yields. Fundamentals are in good shape with tax collections down just 1% year-on-year, the stimulus package exceeding budget shortfalls, and potential infrastructure spending...

I have tried to reduce my overall CEF allocation- I continue to make some rotational trades into areas of the marketplace I think are best positioned for gains. Recent moves include trimming overvalued and overweighted multisector funds like PDI/PCI. I have also reduced some of my hig...

23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV last week as election volatility subsides. NHF tender offer begins, with an expiration date of December 10, 2020. We discuss RIV's rights offering results in a separate report. For further de...

We look at some broad CEF trends that have developed over the past year, such as performance relative to ETFs, as well as discount weakness. In our Income Portfolios, we continue to approach CEF allocation with a margin-of-safety perspective, while also diversifying into senior securi...

Nuveen: Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG), Nuveen AMT-Free Municipal Value Fund (NYSE: NUW), Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA), Nuveen Arizona Quality Municipal Income Fund (NYSE: NAZ), Nuveen Californi...

Nuveen Intermediate Duration Municipal Term Fund (NID) declares $0.044/share monthly dividend, 3.5% increase from prior dividend of $0.0425.Forward yield 3.94%Payable Nov. 2; for shareholders of record Oct. 15; ex-div Oct. 14.See NID Dividend Scorecard, Yield Chart, & Dividend Growth. F...

(This report was published to members of Yield Hunting on May 20th. All data is from that date unless otherwise stated.) Quicker update on Nuveen as they released their monthly UNII and coverage update on their funds. If you recall from last month, we discussed a lot of what the muni space...

As the market has stabilized over the last few weeks due, in large part, to fiscal and monetary support income investors may be casting a wider eye over the credit asset space. In this article we take a look at the yield opportunities on offer in the credit space. Our takeaway is that the cr...

We have been overweight the municipal sector due to its higher-quality focus alongside attractive valuations. While stress has increased among state and local issuers who have taken on the burden of dealing with the current crisis, in aggregate the sector has entered the crisis in strong shape...

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:...