Previous 10 | Next 10 |
Nuveen CA Dividend Advantage Muni. Fund ( NYSE: NAC ) declared $0.0445/share monthly dividend, -13.6% decrease from prior dividend of $0.0515. Forward yield 4.82% Payable Nov. 1; for shareholders of record Oct. 14; ex-div Oct. 13. See NAC Dividend Scorecard, ...
Summary I have been a long-term bull of the municipal sector. However, in 2021, I shifted this stance to become much more cautious. That view worked out after fixed income, munis included, suffered heavy losses in 2022. Yet, I was too early in re-buying the sector. Despite loo...
Nuveen Quality Municipal Income Fund has outperformed most state-specific funds over the long term. The fact that NAD dividends are subject to state tax doesn't change the results much for middle-income investors. Don't swap funds based on discount to NAV. Discounts depend strongl...
A sharp sell-off to start the year has pushed down municipal bond valuations and muni closed-end funds to discounts, presenting an attractive entry point for investors seeking tax-exempt income. Muni CEFs borrow money at short-term interest rates and invest the proceeds in muni bonds ...
Nuveen CA Dividend Advantage Muni. Fund (NYSE:NAC) declares $0.0515/share monthly dividend, -5.5% decrease from prior dividend of $0.0545. Forward yield 4.81% Payable May 2; for shareholders of record April 14; ex-div April 13. See NAC Dividend Scorecard, Yield Chart, & Dividend Growth. ...
Cali munis are well supported in terms of credit risk and liquidity. This has been led by a macro-recovery, strong tax receipts, and a budget surplus. NAC, in particular, looks nice because of its underlying holdings and the fact that the fund has a large discount to NAV. Utility ...
Interest rate volatility prompted another month of negative total returns. Below-average issuance was counterbalanced by a slowdown in demand. November could provide opportunities ahead of seasonal strength in December and January. For further details see: Muni Seasonal ...
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...
Interest in municipal closed-end funds (CEFs) vs. municipal bonds often stems from higher return potential - this is mostly due to the use of leverage in municipal closed-end funds. Leverage could potentially amplify both the fund's net asset value (NAV) and its distribution; however,...
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...
News, Short Squeeze, Breakout and More Instantly...
Nuveen California Quality Municipal Income Fund Company Name:
NAC Stock Symbol:
NYSE Market:
2024-05-12 20:04:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-04-23 07:38:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-04-22 05:00:38 ET I have to admit, every year it gets harder and harder to do my taxes. The process isn’t any more difficult—or at least if it is, my accountant isn’t saying! No, my problem is the money I end up owing. Having to write a check to Uncle Sam f...