Nuveen Build America Bond Fund

Nuveen Taxable Municipal Income Fund engages in the investment in taxable municipal securities. It also seeks enhanced portfolio value and total return. The company was founded on 2009 and is headquartered in Chicago, IL.

Nuveen Floating Rate Income Fund

Nuveen Global High Income Fund

Nuveen Mortgage Opportunity Term Fund

Nuveen Multi-Market Income Fund

Nuveen Preferred & Income Opportunities Fund

Nuveen Preferred & Income Term Fund

Nuveen Credit Strategies Income Fund

Nuveen Real Asset Income & Growth Fund

Nuveen California Quality Municipal Income Fund

Nuveen Quality Municipal Income Fund

Nuveen New York Quality Muni Income Fund

Nuveen Arizona Quality Municipal Income Fund

Nuveen California Municipal Value Fund

Nuveen Dynamic Municipal Opportunities Fund

Nuveen AMT-Free Quality Municipal Income Fund

Nuveen Select Maturity Municipal Fund

Nuveen California AMT-Free Quality Municipal Income Fund

Nuveen Multi-Asset Income Fund

Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal Income Fund Inc

Nuveen Minnesota Quality Municipal Income Fund

Nuveen Massachusetts Quality Municipal Income Fund

Nuveen Municipal High Income Opportunity Fund

Nuveen New York Municipal Value Fund

Nuveen Missouri Quality Municipal Income Fund

Nuveen Core Plus Impact Fund

Nuveen Variable Rate Preferred & Income Fund

Nuveen Virginia Quality Municipal Income Fund

Nuveen Pennsylvania Quality Municipal Income Fund

Nuveen New York AMT

Nuveen Municipal Value Fund Inc

Nuveen AMT-Free Municipal Value Fund

Nuveen AMT-Free Municipal Credit Income Fund

Nuveen California Select Tax-Free Income Portfolio

Nuveen New Jersey Quality Municipal Income Fund

Nuveen New York Select Tax-Free Income Portfolio

Nuveen Select Tax-Free Income Portfolio

Nuveen Municipal Credit Income Fund

NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.

Nuveen Closed-End Funds Declare Distributions

Here is an evaluation of the Nuveen Taxable Municipal Income Fund as an investment option at its current market price. After a nice run since mid-2023, I view the recent gains as a time to take some profit and am downgrading my outlook going forward. Taxable munis remain challenged by higher interest rates and inaction by the Fed. Further, investors have poured into the sector in 2024, mitigating the contrarian play I saw last year.

NBB: Outlook For Taxable Munis Remains Modest In 2024 (Rating Downgrade)

Saba Closed-End Funds ETF

Deutsche Strategic Municipal Income Trust

Flaherty & Crumrine Preferred Income OpportunityFund Inc

Pimco Global Stockplus & Income Fund

Saba Capital Income & Opportunities Fund II

We take a look at the shape of the current CEF sell-off. The sell-off has followed a similar pattern to previous instances, with equity funds falling more than fixed-income funds, leveraged funds underperforming and discounts widening. Longer-duration assets may become more compelling as longer-term rates rise, and investors should consider adding them to their portfolios.

Dissecting The Current CEF Sell-Off And Opportunities

Liberty All-Star Growth Fund

Aberdeen Standard Global Infr Inc Fd

Blackstone Strategic Credit Fund

Blackrock Long-Term Municipal Advantage Trust

BNY Mellon Municipal Income, Inc. 

Eagle Point Credit

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Clough Global Dividend and Income Fund

MainStay CBRE Global Infrastructure Megatrends Fund

PIMCO Corporate & Income Strategy Fund

PIMCO Dynamic Income Opportunities Fund

PIMCO Income Strategy Fund II

Brookfield Real Assets Income Fund

Liberty All Star Equity Fund

Western Asset Premier Bond Fund

Macro markets saw positive movement, with the S&P 500 up 1.81% and bonds performing well. The PPI report offset slightly hot CPI, leaving uncertainty about how the Fed will respond to rising inflation figures. PIMCO Corp & Inc Strat (PCN), a fund I've been high on for some time, has gone parabolic. There was a recommendation from a Seeking Alpha author that likely drove.

CEF Weekly Commentary | Swap Some MAIN Bonds?

BlackRock Taxable Municipal Bond Trust

Blackrock Core Bond Trust

John Hancock Financial Opportunities Fund

Brandywine Global Income Opportunities Fund Inc

Virtus Stone Harbor Emerging Markets Income Fund 

abrdn Life Sciences Investors 

CBRE Global Real Estate Income Fund

For the second consecutive month, both equity (+3.42% on a NAV basis) and fixed income (+3.14%) CEFs on average posted plus-side returns. At month end, 9% of all CEFs traded at a premium to their NAV, with 9% of equity CEFs and 8% of fixed income CEFs trading in premium territory. Developed Markets CEFs (+6.45%), for the second straight month, outpaced the other classifications in the equity CEF universe for December.

The Month In Closed-End Funds: December 2023

The Nuveen Taxable Municipal Income Fund has a lower current yield compared to other comparable closed-end fixed-income funds. The NBB closed-end fund's price performance has been worse than the ICE BofAML US Taxable Municipal Securities Index over the past five years. The NBB fund's use of leverage and exposure to states with strained finances pose risks for investors.

NBB: Yield Is Low Versus Alternatives And Bonds Are Overpriced

NEW YORK--(BUSINESS WIRE)--Two Nuveen closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date outlined below. The following dates apply to today's distribution declarations for the following taxable closed-end funds: Record Date December 27, 2023   Ex-Dividend Date December 26, 2023   Payable Date December 29, 2023     Taxable Per Share Distribution Amount Ordinary Short-Term Long-Term Ticker Exchange Fund Name Income Capital Gain Capital Gain.

Two Nuveen Closed-End Funds Declare Distributions

NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

Nuveen Taxable Municipal Income Fund is currently undervalued with a discount to NAV of almost 9%. Taxable munis offer higher income compared to tax-exempt munis, making them attractive for investors in lower tax brackets. NBB has maintained its distribution in the short-term, providing reassurance to investors despite the challenges posed by the inverted yield curve.

NBB: A Few Reasons Why I'm More Bullish Going Forward (Rating Upgrade)

NEW YORK--(BUSINESS WIRE)--As previously announced on April 10, 2023, John V. Miller effective today is no longer a portfolio manager for Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ), Nuveen Taxable Municipal Income Fund (NYSE: NBB), Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO), and Nuveen Dynamic Municipal Opportunities Fund (NYSE: NDMO). There are no additional changes to the portfolio management teams, which are as follows: Daniel Close and Stephen Candido continue to.

Nuveen Closed-End Funds Complete Previously Announced Portfolio Management Team Updates

NBB has had a pretty strong 2023 so far and is in positive territory since my last bullish review. The fund did see an income cut in January, which was not a great sign. Then this month, we were hit with another cut announcement. This makes me less bullish on the fund.

NBB: Still A Reasonable Option In 2023, But Income Cuts Hurt (Rating Downgrade)

NEW YORK , April 10, 2023 /PRNewswire/ -- Effective immediately, portfolio manager responsibilities for Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ),  Nuveen Taxable Municipal Income Fund (NYSE: NBB), Nuveen Municipal Credit Opportunities Fund (NYSE: NMCO), and Nuveen Dynamic Municipal Opportunities Fund (NYSE: NDMO) have been updated.

Nuveen Closed-End Funds Announce Updates to Certain Portfolio Management Teams

AbbVie

Amgen

Clorox

Digital Realty Trust

iShares MSCI EAFE Growth ETF

iShares MSCI EAFE Value ETF

Fastenal

Home Depot

Johnson & Johnson

Kimberly-Clark

Lockheed Martin

McDonald's

Altria

NextEra Energy

iShares Preferred and Income Securities ETF 

Invesco QQQ

Cohen & Steers Quality Income Realty Fund

iShares 1-3 Year Treasury Bond ETF

Proshares Short 20+ Year Treasury

iShares 20+ Year Treasury Bond ETF

Texas Instruments

Reaves Utility Income Fund

Vanguard Dividend Appreciation ETF

Vanguard High Dividend Yield ETF

We will go over our thesis as to how a diversified income method with low volatility could make you financially independent. We regularly write about multi-basket income strategies with an in-built hedging mechanism to keep the drawdowns to a minimum. They provide not only consistent income but also long-term growth with 30% less volatility.

How This Income Method Could Lead To Financial Freedom

Angel Oak Financial Strategies Income Term Trust

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc.

We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. CEFs continue to power ahead, stringing together two strong weeks in a row.

CEF Weekly Review: Key CEF Lessons Of 2022

Ares Capital

Ares Dynamic Credit Allocation Fund

AllianceBernstein Global High Income Fund Inc

BlackRock Science & Technology

Central Securities

Calamos Convertible Opportunities And Income Fund

DNP Select Income Fund Inc

Eaton Vance Enhanced Equity Income Fund II

Energy Transfer LP Unit

Flaherty & Crumrine Preferred Securities Income Fund Inc

Guggenheim Strategic Opportunities Fund

abrdn Healthcare Investors 

New American High Income Fund

India Fund Inc

Kayne Anderson MLP Investment

Main Street Capital

Barings Corporate Investors

Annaly Capital

PIMCO Dynamic Income Fund

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis.

The 8% Income Portfolio: 2022 Year-End Review

The BlackRock Taxable Municipal Bond Trust benchmarks against the Bloomberg Taxable Municipal Bond USD index. The Nuveen Taxable Municipal Income Fund benchmarks against the same benchmark. I wasn't able to find information on the benchmark, but not critical since both are actively managed.

BBN Vs. NBB: Comparing Taxable CEFs From Different Managers

The municipal bond sector has been hit very hard in 2022. While this is unnerving, I believe it offers long-term investors an opportunity for buys. NBB in particular looks attractive because it has a discount to NAV nearing 8%, and it is relatively cheaper than its chief CEF rival.

NBB: Hard Not To Like This Taxable Muni Fund At This Price

Taxable munis continue to take on a more important role within the broader muni sector, so having some exposure helps to round out a portfolio.

NBB: Mixed Outlook For The Year Ahead

Invesco Taxable Municipal Bond ETF

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

The taxable municipal bond market is growing and mature. Taxable munis offer a range of benefits for certain investors, in particular insurance companies.

Taxable Munis Deserve Attention

DoubleLine Income Solutions Fund

BlackRock MuniYield Quality Fund III Inc

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

With valuations tightening and a number of risks on the radar, it makes sense to take a margin-of-safety approach to income portfolios. A number of CEF strategies can provide additional margin-of-safety without necessarily reducing income.

Margin Of Safety CEF Opportunities

NBB sits just under its 52-week high and sports a premium to NAV of almost 3%. While this fund has been a reasonable performer over the past few months, I believe getting a bit more cautious now makes sense.

News for Nuveen Build America Bond Fund ETF (NBB)