NUW: Discounted Tax-Free Diversified Municipal Bond Opportunity
Source: SeekingAlpha
2025-02-09 10:12:37 ET
Summary
- Municipal bonds offer tax-free income and lower risk, ideal for income investors in the higher tax brackets.
- The Nuveen AMT-Free Municipal Value Fund is a closed-end fund that provides investors exposure to a diversified pool of municipal bonds.
- NUW's current discount of -8.85% is appealing as Treasury Rates have somewhat stabilized, at least relatively speaking, since late 2022/early 2023.
Written by Nick Ackerman, co-produced by Stanford Chemist
Municipal bonds can be appropriate for investors in the higher tax brackets because of the tax-free nature of the cash flows they pay out. The fewer tax obligations that one pays to Uncle Sam, the better off the overall returns can be. At the same time, municipal bonds are low-risk investments due to minimal historical defaults....
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NUW: Discounted Tax-Free Diversified Municipal Bond Opportunity
Nuveen AMT-Free Municipal Value Fund
NASDAQ: NUW
NUW Trading
-0.21% G/L:
$14.24 Last:
27,917 Volume:
$14.27 Open:
