NUW News and Press, Nuveen AMT-Free Municipal Value Fund From 03/08/21

The reorganizations of Nuveen New Jersey Municipal Value Fund (NYSE: NJV) and Nuveen Pennsylvania Municipal Value Fund (NYSE: NPN) into Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) and the reorganization of Nuveen California Municipal Value Fund 2 (NYSE: NCB) into Nuveen California ...

Global manufacturing PMI buoyed by further strong gains in production. Robust growth seen in the US, Eurozone, India and Brazil despite supply chain delays close to record high. Expansion limited by further slowdown in China, in turn linked to shipping and logistics problems. ...

Technicals and politics kept muni returns resilient to government rate rises... until now. While Treasuries have been selling off (pushing up their yields) on the reopening of the economy and inflation expectations, municipal bonds (munis) had remained resilient. For potentially m...

Why the run-up in rates has troubled equity markets more than credit, and why we think that is poised to continue. Since the start of the fourth quarter of 2020, the U.S. 10-year yield has risen by more than 80 basis points while the spread of the ICE Bank of America U.S. Corporate BB...

As an investor, municipal bonds could offer you tax-exempt income, which can carry more attractive advantages if current tax rates increase, and higher income-generating capabilities after accounting for tax. Don't let market-wide panic disrupt your investment plan. As an investor, mu...

Three Nuveen Closed-End Funds announced pre-reorganization distributions. The specific distribution dates and amounts are detailed below. As previously announced , shareholders of the Nuveen New Jersey Municipal Value Fund (NYSE: NJV) and shareholders of the Nuveen Pennsylvania Muni...

Shareholders of the Nuveen New Jersey Municipal Value Fund (NYSE: NJV) and shareholders of the Nuveen Pennsylvania Municipal Value Fund (NYSE: NPN) have approved the funds’ reorganization into Nuveen AMT-Free Municipal Value Fund (NYSE: NUW). Additionally, shareholders of the Nuv...

Strong performance has continued to stretch rich muni bond valuations. We expect strong demand to continue outpacing elevated supply. Additional fiscal aid and vaccine distribution could support fundamentals. For further details see: Munis Off To A Running Start

Municipal bonds have done well since the election, since a Democratic Administration is typically good for additional state and local relief, even more badly needed this year thanks to the pandemic. Also, it's pretty clear higher taxes in some form or fashion are on the way, whether i...

The price of risk is what investors demand as a premium, an extra return over and above what they can make on a guaranteed investment (risk free), to invest in a risky asset. Corporate bonds are traded, and as a consequence, and you can use traded prices to estimate default spreads in...