NMCO News and Press, Nuveen Municipal Credit Opportunities Fund From 11/10/20

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...

The White House is still not decided. This was "prime time" for the blue wave conversations entering the bond market. Municipal bonds aren't hurt as much as they are not helped. A second stimulus bill that would include additional aid for state and local governments will be ha...

In years with presidential elections, we take a deeper dive into how the national election could impact state and local governments. Political risk is also an important component of our analysis, as the political party makeup of the executive and legislative branches can have a large ...

22 out of 23 CEF sectors positive on price and 17 out of 23 sectors positive on NAV last week. Markets rebound, led by commodities. MLPs are the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: October 4, 2020

While most polls have Vice-President Biden ahead by 6-7% points, we know the race has the potential to be much closer. A higher marginal rate should also flatten the muni yield curve over time as the demand for longer-dated paper increases because of the benefits it provides on a taxa...

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 Municipal Credit Opportunities Fund (NMCO) declares $0.062/share monthly dividend, in line with previous.Forward yield 5.89%Payable Nov. 2; for shareholders of record Oct. 15; ex-div Oct. 14.See NMCO Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

17 out of 23 CEF sectors positive on price and 15 out of 23 sectors positive on NAV last week. RIV announces a rights offering. DNI to delist from the NYSE. Share repurchase programs for First Trust MLP/midstream CEFs. A number of target term CEFs cut distributions. ...

In U.S. high yield bonds we find the riskiest of credits. I have some concerns about municipal bonds and am particularly concerned about municipal pension bonds. Our 'Borrower's Paradise' is also good news for many leveraged ETFs and closed-end funds. For further details see...

" Municipal bond investors have to share the burden in state bailouts " writes my colleague Josh Rauh, and he is exactly right. Background: State and local governments borrowed a lot of money and blew it. They borrowed further by not funding their pensions. Now Covid comes along, people are ...