Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund is a closed-end investment company. Its objective is to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds. The company was founded on July 29, 2002 and is headquartered in Chicago, IL.

The fund saw another income boost to start the month of June. The muni yield curve is upward sloping, providing a distinct advantage over similarly dated treasury bonds. NEA still has a large discount to NAV, which could entice value-oriented buyers.

NEA: Income Boosts Keep Boosting The Market Price

Nuveen Quality Municipal Income Fund

Nuveen Municipal Credit Income Fund

Some of our favorite high-yield dividends just did something stunning: They sent their investors' payouts soaring—in some cases by more than 30% overnight.

Forget NVIDIA: These ‘Boring' 7.7% Dividends Just Jumped 30%

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 New York Quality Muni Income Fund

Nuveen Arizona Quality Municipal Income Fund

Nuveen Build America Bond Fund

Nuveen California Municipal Value Fund

Nuveen Dynamic Municipal Opportunities 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

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

The muni bond market is expected to continue its bounce-back in 2024 after a sharp decline in 2022 followed by a small bounce in 2023. NEA is the largest CEF NEA managed by the top Muni CEF leader and offers an attractive alternative in Muni investment for income investors seeking for high yield and tax-exemption benefits. NEA currently has a 14.5% NAV discount. Its high leverage shows signs of contributing positively to the returns in 2024.

NEA: Smart Buy For Continued Bounce-Back Muni Market In 2024

BlackRock MuniAssets Fund

BlackRock MuniYield Quality Fund III Inc

It's Tax Day—the perfect time to talk about one of our favorite income plays: municipal bonds.

Tax Day Blues? These 9%+ Dividends Can Slash Your Bill

Energy Transfer LP Unit

Golub Capital BDC

Modiv

Realty Income Corp

Liberty All Star Equity Fund

Reaves Utility Income Fund

Once you reach the age of 73, there's no getting around Required Minimum Distributions (RMDs). Yet while there's no getting around making this compulsory withdrawal from your 401(k) or IRA, consider investing it rather than spending it.

The 7 Best Stocks to Buy With Your Required Minimum Distribution (RMD)

Blackrock Income Trust

Virtus AllianzGI Convertible & Income 2024 Target Term Fund

Carlyle Credit Income Fund

MFS High Yield Municipal Trust

MFS High Income Municipal Trust

MFS Investment Grade Municipal Trust

BNY Mellon High Yield Strategies Fund 

Allspring Global Dividend Opportunity Fund

First Trust MLP & Energy Income Fund

First Trust Energy Income and Growth Fund

First Trust Energy Infrastructure Fund

First Trust New Opportunities Mlp & Energy Fund

Western Asset High Income Fund

John Hancock Investors Trust

John Hancock Income Securities Trust

Deutsche Municipal Income Trust

Macquarie/ First Trust Global Infrastructure/ Utilities Dividend & Income Fund

MFS Municipal Income Trust

MFS Government Markets Income Trust

BlackRock Municipal Income Fund

Virtus Dividend Interest & Premium Strategy Fund

Markets were flat, but upcoming events like the jobs report, PMIs, and ECB meeting are important.

Weekly CEF Commentary | March 3, 2024 | PDX Makes The Change

DoubleLine Yield Opportunities Fund

Nuveen S&P 500 Dynamic Overwrite Fund

This market bounce is strangling the payouts on everybody's favorite ETFs. But it's also given us a sweet setup to grab another group of funds kicking out big dividends, to the tune of 9%+ yields.

Why ETF Yields Could Crash, And These 8%+ Payers Will Soar

The Nuveen AMT-Free Quality Municipal Income Fund has experienced a Q4 rally and a boost in income, leading to gains for investors. However, the fund's income boost may not be sustainable, so investors should weigh this carefully if they plan to hold beyond the short-term. Lower inflation is a positive for bonds, including munis. This is because the Fed is unlikely to raise its benchmark rate further.

NEA: Looking At The Positives, And A Future Concern

BlackRock MuniYield Quality Fund Inc

RiverNorth Managed Duration Municipal Income Fund II

Today we're going to use a simple strategy to (legally!) beat the tax man.

3 Tax-Free Dividends To Buy In 2024

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

Aberdeen Standard Global Infr Inc Fd

Blackrock ESG Capital Allocation Trust

Eaton Vance Enhanced Equity Income Fund II

Hoya Capital High Dividend Yield ETF

Cohen & Steers Quality Income Realty Fund

October was a challenging month for the equity and fixed-income markets, with surging risk-free rates in the Treasury market putting pressure across the board. I've added to positions with utility, REIT, and municipal bond exposure, taking advantage of some extraordinary discounts in the closed-end fund space. The key theme was to continue to limit adding any significant fund-level leverage to my portfolio in the current month, as I've been doing throughout this year.

5 Closed-End Fund Buys In The Month Of October 2023 (And 1 ETF)

NEW YORK--(BUSINESS WIRE)--Today, the Board of Trustees of certain Nuveen municipal closed-end funds declared regular monthly distribution rates and updated certain distribution policies. Additionally, several leveraged municipal closed-end funds have announced distribution rate increases of between 7% and 24% to deliver higher monthly cash flows to shareholders. These changes are intended to help support secondary market trading in fund shares and improve each fund's discount to NAV. It is ant.

Nuveen Municipal Closed-End Funds Announce Distribution Updates

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ) and Nuveen Quality Municipal Income Fund (NYSE:NAD) as well as Nuveen Massachusetts Quality Municipal Income Fund (NYSE:NMT) and Nuveen AMT-Free Quality Municipal Income Fund (NYSE:NEA) announce the removal of a previously approved merger proposal from each funds' upcoming shareholder meeting agenda. Previously, the Board of Trustees of each respective fund approved the merger of NXJ.

Board Announces Removal of Merger Proposals from Annual Meeting Agenda

Municipal Bond CEFs have historically wide gaps between price and NAV due to investor dislike of rate increases. Once the FOMC stops, these funds should recover. The NEA CEF is reviewed in detail as the start of a due diligence process investors are encouraged to complete. The NEF CEF is recommended for long-term investors, despite potential rate hikes. Delayed entry or use a swap trade with a similar fund an investor owns at a loss.

NEA Offering Deepest Discount Among Nuveen Municipal CEFs

Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance

Federated Premier Municipal Income Fund

Deutsche Strategic Municipal Income Trust

Western Asset Managed Municipals Fund

Putnam Managed Municipal Income Trust

Pimco New York Municipal Income Fund

Municipal bonds experienced a drop in 2022 due to rising interest rates, presenting a buying opportunity. Muni closed-end funds have higher portfolio yields, but net investment income has been affected by increased leverage costs. Muni CEFs have upside potential once interest rates normalize, but individual munis offer lower risk and higher yields.

Municipal Bond CEF Update Aug 2023: Valuations Are Incredible

The article evaluates the Nuveen AMT-Free Quality Municipal Income Fund as an investment option at its current market price. NEA is a multi-state, closed-end fund aiming to provide current income exempt from regular federal income tax and the alternative minimum tax. Despite its tax-free objective, the fund has performed poorly, losing double digits since July 2022.

NEA: The Leverage Hurdle Was Too High To Climb

Several municipal bond funds have attractive valuations right now. The increased likelihood of a U.S. recession could drive municipal bond prices higher.

Why I Just Loaded Up on Municipal Bond Funds

NEA is down since my last "buy" call. This was a missed thesis, as fixed-income declined for most of the calendar year. Fortunately, the fund has rebounded a bit as 2023 has gotten underway. I am fairly confident at these levels that more gains are forthcoming.

NEA: Fool Me Twice? I Doubt It

BlackRock Municipal 2030 Target Term Trust

End-of-year tax-loss selling widens discounts from net asset values, trims prices, and boosts yields.

These Overlooked Muni-Bond Funds Are On Sale at Deep Discounts

The Nuveen AMT-Free Quality Municipal Income Fund is the older and larger of these two Nuveen funds. The Nuveen AMT-Free Municipal Value Fund has lower leverage and shorter duration than its sister fund.

NEA Vs. NUW: Clear Winner Between These Nuveen AMT-Free CEFs

The majority of the fund's holdings are in investment-grade credit, which I view favorably given the challenging economic climate. NEA is well diversified across U.S. states and also offers buyers a compelling discount to NAV at these levels.

NEA: Can This Fund Keep Moving Higher? Reasons Why I Think So

Pimco Municipal Income Fund

Pimco Municipal Income Fund II

Pimco Municipal Income Fund III

I don't quite understand who would be buying the PIMCO National municipal bond CEFs over the Nuveen national muni bond CEFs right now. These two fund sponsors of municipal bond closed-end funds are probably the two most popular when it comes to high-yields (PIMCO) and the sheer number and size of funds (Nuveen).

Muni Bond CEFs: PIMCO Or Nuveen? The Choice Is Obvious In This Market Environment

There have been several periods over the last 10 years in which municipal bond CEFs have dropped -20% or more at market price, not including distributions. Before this year's rout, the most recent was during COVID-19. Before that, it was the period in late 2018 when the Federal Reserve raised interest rates one too many times.

Will Bankruptcy Era Prices Finally Stop The Bleeding In Municipal Bond CEFs?

Munis, as with most fixed-income products, have been selling-off fiercely in 2022. This represents an opportunity.

NEA: An Opportunity To Buy What Everyone Is Selling

News for Nuveen AMT-Free Quality Municipal Income Fund ETF (NEA)