NTC News and Press, Nuveen Connecticut Quality Municipal Income Fund

2024-06-07 09:40:00 ET Summary Higher coupons and interest payments can make premium municipal bonds worth the extra upfront cost. Contrary to some common myths and misperceptions, premium bonds have several advantages that may make them attractive candidates in a municipal bond p...

A sharp sell-off to start the year has pushed down municipal bond valuations and muni closed-end funds to discounts, presenting an attractive entry point for investors seeking tax-exempt income. Muni CEFs borrow money at short-term interest rates and invest the proceeds in muni bonds ...

Bulldog Investors focuses on undervalued closed end funds, and is well known for their persistent activist strategy . Their latest Form ADV shows $398 million in assets as of December 31, 2018. Bulldog has high turnover and typically maintains over 100 positions. A small portion of these inve...

Sometimes you just have to shake your head at how little most investors in CEFs know about the funds they own. Though I see this often in equity CEFs, it can happen just as often in fixed-income CEFs too. I really only follow and invest in municipal bond CEFs in the fixed-income space becaus...

The reorganization of Nuveen North Carolina Quality Municipal Income Fund (NYSE: NNC) into Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA) and the merger of Nuveen Connecticut Quality Municipal Income Fund (NTC) into Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG) were comp...

Three Nuveen Closed-End Funds announced pre-merger distributions. The specific distribution dates and amounts are detailed below. As previously announced , the shareholders of Nuveen North Carolina Quality Municipal Income Fund (NYSE: NNC) approved the fund’s reorganization into Nuvee...

The Nuveen Connecticut Quality Municipal Income Fund (NYSE: NTC) has declared a special cash distribution. The following dates apply to today's distribution declaration: As previously announced, shareholders approved the merger of NTC into Nuveen AMT-Free Municipal Credit Income Fund ...

Shareholders of the Nuveen North Carolina Quality Municipal Income Fund (NYSE: NNC) have approved the fund’s reorganization into Nuveen AMT-Free Quality Municipal Income Fund (NYSE: NEA), and shareholders of the Nuveen Connecticut Quality Municipal Income Fund (NYSE: NTC) have approved...

Bulldog Investors is an investment firm that, to paraphrase a Forbes headline, " bites bigger than it barks." Their general strategy is to buy closed end funds at a discount, and then engage with management to close that gap. A recent interview on Seeking Alpha provides some additional back...

This article was first released to CEF/ETF Income Laboratory subscribers 1 month ago, so data may be out of date. Please check latest data before making investment decisions. Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end...