NVG News and Press, Nuveen AMT-Free Municipal Credit Income Fund From 10/29/21

For investors who need to control their taxable income and AMT exposure, NVG is worth checking out. Nuveen offers three CEFs that follow an AMT-free strategy. As their bond ratings strategy differs, this article will compare all three after reviewing NVG in depth. While Municipal ...

For many fellow contrarian income seekers, the only prescription for income-and-tax fever is safe, reliable interest payments, combined with a dose of tax write-offs. Which brings us to municipal, or "muni" bonds, observes Brett Owens, editor of Contrarian Outlook. For further details see: ...

The 10-year Treasury is storming past 1.6% yet again. Look out, high yield! I kid because I love (income). And one-point-six just doesn’t do it for me. Plus, remember, this bounty does not escape the tax man. Any interest income we earn from Treasuries—no matter how sad&#x...

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...

The US House Ways and Means Committee released their new 881-page tax proposal –there's some tricky stuff in it. If passed, the new top Federal rate in the US will be 46.4 percent, while the top capital gains tax rate appears it will be 31.8 percent from my calculations. NY...

While they may have become more common over the last 10 years, municipal defaults and bankruptcies still remain rare overall. The five-year all-rated cumulative default rate of municipal bonds throughout the study period (1970-2020) was unchanged at 0.08% and still remains very low. ...

The option-adjusted-spread ((OAS)) on the investment grade or high-grade corporate bond index, is presently about 95-100 bps better than the equivalent Treasury. As of last Friday, August 27th, 2021, the BBB OAS was yielding about 104 bp’s over equivalent Treasuries, which shou...

Shares of Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) traded today at $18.24, eclipsing its 52-week high. So far today approximately 97,000 shares have been exchanged, as compared to an average 30-day volume of 216,000 shares. Nuveen AMT-Free Municipal Credit Income Fund is a...

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) traded at a new 52-week high today of $18.10. Approximately 56,000 shares have changed hands today, as compared to an average 30-day volume of 222,000 shares. Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) is currently pric...