NVG News and Press, Nuveen AMT-Free Municipal Credit Income Fund From 06/04/21

Risk-adjusted performance for the Global Market Index (GMI) continued to tick higher in May. GMI’s Sharpe ratio — a measure of risk-adjusted return – rose to 0.82 on a trailing 10-year basis through last month. That’s close to a pandemic high, but still...

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) traded today at a new 52-week high of $17.50. So far today approximately 67,000 shares have been exchanged, as compared to an average 30-day volume of 260,000 shares. Nuveen AMT-Free Municipal Credit Income Fund is a diversified, cl...

Average yields on 10-year AAA muni bonds rose less than half that of Treasuries year to date and hover just below 1%. Municipals remain attractive due to a combination of prevailing tailwinds and long-term fundamental strengths. Muni bonds cover a wide range of maturities and qual...

Munis posted another strong month amid falling rates and favorable market dynamics. Seasonal weakness typical of mid-April was averted due to the delayed tax-filing deadline. Although valuations appear rich, economic and political themes look positive for municipals. For fur...

Shares of Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) traded at a new 52-week high today of $17.48. Approximately 102,000 shares have changed hands today, as compared to an average 30-day volume of 281,000 shares. Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) defies...

Diversification remains key. Flexible strategies can also take advantage of a more uncertain yield and spread environment. We continue to find reasonable opportunity in both public and private credit markets. We find value in non-agency mortgages and prefer cyclicals to growth sto...

Municipal bond investors are clearly worried about rising rates and rising inflation. The inflation component is also taxed at ordinary income tax rates, but here's the kicker there: you don't receive the benefit of it the year that it's realized. As yields are rising - and inflat...

Action at the state and local levels could help drive demand for municipal bonds. The 2017 Trump tax cuts dramatically impacted the buying behavior of individual and corporate taxpayers (banks and insurance companies) in very distinct ways. In our view, passage of President Biden'...

U.S. infrastructure-themed ETFs have seen assets under management grow more than eightfold over that time frame as a result of positive flows. The focus on clean energy initiatives in the bill, combined with this administration's broader climate agenda, could also prove beneficial to ...

The fixed income world is beginning to undergo a multiyear transition as aggressive monetary accommodation and government spending across key economies drive higher near-term economic growth rates. The result could be a shift to higher real rates as output gaps narrow, as well as mode...