Nuveen Municipal Credit Opportunities Fund

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 Build America Bond 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 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

BlackRock Taxable Municipal Bond Trust

BlackRock Enhanced Equity Dividend Trust

BlackRock Floating Rate Income Trust

Morgan Stanley China A Share Fund Inc

Blackrock Debt Strategies Fund Inc

Eaton Vance Municipal Income 2028 Term Trust

First Trust Mortgage Income Fund

Blackrock Floating Rate Income Strategies Fund Inc

Templeton Global Income Fund

Western Asset High Income Fund

Western Asset High Yield Defined Opportunity Fund Inc

Western Asset Investment Grade Defined Opportunity Trust

Deutsche Municipal Income Trust

Morgan Stanley Emerging Markets Debt Fund

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

PIMCO Access Income Fund

Putnam High Income Securities Fund

PIMCO Income Strategy Fund II

Franklin Templeton Emerging Markets Income Fund

Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CEFs continue to tread water, with real estate and interest rate-sensitive bond sectors performing well, while emerging market equity and convertibles performed poorly.

CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities

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

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

Nuveen Municipal Credit Opportunities Fund and Nuveen Municipal High Income Opportunity Fund have experienced significant declines since 2021. Both funds aim to provide high current income exempt from federal income tax and seek total return. The future performance of the funds is uncertain due to the unpredictability of interest rates, but the FOMC does not anticipate a return to ultra-low rates.

NMCO And NMZ: Two Previous Buy Ratings Dismantled By The FOMC

BlackRock Credit Allocation Income Trust

MFS High Yield Municipal Trust

DoubleLine Income Solutions Fund

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance

Flaherty & Crumrine Total Return Fund Inc

Deutsche Strategic Municipal Income Trust

Pimco High Income Fund

Putnam Master Intermediate Income Trust

Pimco New York Municipal Income Fund

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Western Asset Premier Bond Fund

Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptionally cheap, with discounts wider than 99% of historical observations. The risk-reward in the taxable bond CEF space is on the downside, while the upside potential in municipal CEFs is significant, but dependent on a shift in Fed policy and inflation.

CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best

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

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

BlackRock Municipal 2030 Target Term Trust

Tax-exempt municipal bonds have had a tough ride since 2022; however, the sector enjoys a number of current and upcoming tailwinds. These tailwinds include a stabilization and likely increase in net income once the Fed starts to reverse the policy rate, likely further gains in the NAV and historically wide discounts.

Municipal CEF Sector Update: A Trio Of Tailwinds

Aberdeen Income Credit Strategies Fund

Alpine Global Dynamic Dividend Fund

Aberdeen Standard Global Infr Inc Fd

BlackRock Municipal Income Quality Trust

Central and Eastern Europe Fund

Calamos Convertible Opportunities And Income Fund

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc

Delaware Investments Dividend and Income Fund

Delaware Enhanced Global Dividend & Income Fund

Credit Suisse High Yield Bond Fund

DoubleLine Yield Opportunities Fund

Eagle Point Income Company Inc

Eaton Vance National Municipal Opportunities Trust

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Advantaged Bond & Opportunity Stategies Fund

John Hancock Preferred Income Fund

Ivy High Income Opportunities Fund

Nuveen Core Equity Alpha Fund

Macquarie Global Infrastructure Total Return Fund Inc

Pioneer Municipal High Income Opportunities Fund

Pimco California Municipal Income Fund II

PIMCO Dynamic Income Opportunities Fund

RiverNorth Flexible Muncpl Incme Fnd Inc

RiverNorth Opportunities Fund, Inc.

Cohen & Steers Reit And Preferred Income Fund Inc

Cushing MLP & Infrastructure Total Return Fund

Delaware Investments

2 out of 23 CEF sectors positive on price and 4 out of 23 sectors positive on NAV last week. DEX will merge with AGD.

Weekly Closed-End Fund Roundup: DEX Will Merge With AGD, Tender Next January (December 11, 2022)

John Hancock Financial Opportunities Fund

Cornerstone Strategic Value Fund Inc

Cornerstone Total Return Fund Inc

Virtus Stone Harbor Emerging Markets Income Fund 

Stone Harbor Emerging Markets Total Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

First Trust / Aberdeen Emerging Opportunity Fund

Gabelli Equity Trust

Gabelli Convertible and Income Securities Fund

BlackRock Corporate High Yield Fund

Madison Fund

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

Tortoise Energy Independence Fund, Inc.

Tortoise MLP Fund

Columbia Seligman Premium Technology Growth Func Inc

Tortoise Power and Energy Infrastructure Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

Virtus Total Return Fund

0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.

Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)

Blackrock Long-Term Municipal Advantage Trust

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

BNY Mellon Strategic Municipals, Inc.  

iShares National Muni Bond ETF

BlackRock MuniYield Quality Fund III Inc

VanEck CEF Municipal Income ETF 

Munis are giving us a chance to own them again at some compelling discounts relative to long-term valuations.

Muni Market Update January 2022: The Sector Corrects

Pimco Municipal Income Fund III

Taiwan Fund

For the second month in three, equity CEFs on average witnessed negative returns, falling 2.61% on a NAV basis for November.

The Month In Closed-End Funds: November 2021

Tax-exempt municipal yields have trended down since the start of the year on the back of strong demand from investors and lower Treasury yields.

Municipal CEF Sector Update: Under Pressure

Blackrock Investment Quality Municipal Trust

BNY Mellon Strategic Municipal Bond Fund, Inc.

Federated Premier Municipal Income Fund

Pioneer Municipal High Income Advantage Trust

Western Asset Municipal High Income Fund

BlackRock MuniAssets Fund

BlackRock MuniYield New York Quality Fund Inc

Neuberger Berman Intermediate Municipal Fund Inc

Nuveen Enhanced Municipal Value Fund

Nuveen Georgia Quality Municipal Income Fund

Nuveen Select Tax-Free Income Portfolio 3

Invesco Municipal Income Opportunities Trust

Pimco Municipal Income Fund

Pimco Municipal Income Fund II

Pimco New York Municipal Income Fund II

Invesco Pennsylvania Value Municipal Income Trust

The muni CEF space is largely buy-and-hold (or long-term rental agreements). But right now, there's a lot of dislocation in the sector. Some funds are extremely expensive while others are relatively cheap. Making swaps makes sense to rotate into the better opportunities and see more discount closing tailwinds.

More Relative Value Trades And Opportunities: Munis

Apollo Senior Floating Rate Fund

Apollo Tactical Income Fund, Inc.

MFS Intermediate High Income Fund

Eagle Point Credit

Eagle Point Credit Company Inc 7.75 % Pfd Registered Shs 2016-30.10.26 Series B

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

Eagle Point Cr 6.75 % Notes 2017-30.09.27

BlackRock MuniYield Fund

OFS Credit Company Inc

OFS Credit Company Inc - 6.875% PRF REDEEM 31/03/2024 USD 25 - Ser A

Pimco New York Municipal Income Fund III

XAI Octagon Floating Rate & Alternative Income Term Trust

We review CEF market valuation and performance over the past week and highlight recent events. CEF prices stalled in July on the back of lower risk sentiment driving discounts wider.

CEF Weekly Market Review: Funds Take A Breather

Aptus Collared Income Opportunity ETF

Calamos Long/Short Equity & Dynamic Income Trust

Eaton Vance Risk-Managed Diversified Equity Income Fund

First Trust Senior Floating Rate Income Fund II

First Trust Intermediate Duration Preferred & Income Fund

Miller/Howard High Income Equity Fund

Virtus InfraCap U.S. Preferred Stock ETF

Global X U.S. Preferred ETF

Putnam Premier Income Trust

Principal Spectrum Preferred Secs Active ETF

The major equity indices had their worst week since early January - mostly on inflation concerns and a hawkish FOMC that signaled an increase in rates may come sooner than expected. On Friday, stocks took another leg lower after St. Louis Fed President James Bullard said that he expects the Fed's first rate hike in late 2022.

CEF Weekly Commentary | June 20, 2021

MFS Investment Grade Municipal Trust

MainStay MacKay DefinedTerm Municipal Opportunities Fund

The municipal sector has remained resilient this year despite a rise in Treasury yields.

Municipal CEF Sector Update

News for Nuveen Municipal Credit Opportunities Fund ETF (NMCO)