NXQ News and Press, Nuveen Select Tax Free Income Portfolio II From 10/14/20

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 ...

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...

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 ...

At the end of July, Moody's Investors Service released its annual municipal bond market snapshot, US municipal bond defaults and recoveries, 1970-2019, with updates through 2019. The report continues to affirm two hallmark benefits offered by muni bonds. First, municipal defaults and bankruptc...

New York (September 15) - One of the more troubling admissions of Federal Reserve Chair Powell at his speech last month was his acknowledgement that "r-star" (r*), or the "natural" rate of interest, had fallen by some 50% since 2012. As Chair Powell described it: This rate (the r*rate) ...

Original Read more ...

The volatility and heavy drawdowns across various assets of the past few months have caused many income investors to revisit the construction of their CEF portfolios. In this article, we take a look at a number of strategies that investors can use to make their portfolios more resilient. These...

Original Read more ...