… posters. Lucasd6 likes the income that closed-end Nuveen Dividend Advantage Municipal NAD and Nuveen Premium Income Muni NPI kick off. Petrus 1949 , meanwhile, likes open-end Nuveen Limited-Term Municipal Bond FLTDX and T. Rowe Price …
Our resident sociopath has stalked me over at the HandsOn forum. sabote: lucasd6: Nuveen muni bond funds (NAD & NPI ). Mine have paid me around 6.5% tax free for 11 1/2 years now. Added two new ones beginning 13 months ago (NXZ & NZF …
… rating. This leaves MFL, NIO, NPM, NPI & NZF with 80% of bonds rated A or better ..... BlackRock) because it's the only non Nuveen choice and I'd choose NPI because it has the longest duration of ..... or not you think the two choices (MFL & NPI ) will fill the objectives. TIA Dave
… have made the point that you should always check data on cefconnect.com with the sponsor site. A good current example is NPI which shows EPS of .0785 (as of 1/31 which covers the distribution) on cefconnect.com but EPS of .0746 (as of 3/31 which does not cover the distribution) on nuveen .com. Thanks to the previous posters for the heads up.
Nuveen has just rolled out a new variable rate preffered and will use the proceeds to redeem current outstanding adjustable rate preffereds in NPP, NPI and NQI. According to the news release they are private placements (144A) meaning they will be sold only to sophisticated …
Found the following on NPI at nuveen .com ... can someone explain this to me? Is this increase, if it continues, likely to decrease distributions on NPI common over time or have I misunderstood how this works? Average Rate on Preferred …
I know this group doesn't do much technical chart analysis but I thoughf I would post this anyway. In doing my weekly charts this AM, my computer identified multi-year Cup with Handle formations in several Nuveen muni funds using weekly data. The funds identified were NPP, NIO, NMO and NPI . This particular formation(s) began way back in April 2008 and at such length are very rare but from my observation more relaible than shorter term configurations. The Bullish continuation pattern foretells a possible price move roughly equal to the distance from the Bear market low (the cup bottom) to the current price over the next two years or so and is more correctly used as a continuation signal meaning the move off the Bear market low will continue upward. Not all CwH's are fulfilled so treat it as probaility not certainty. A technical primer on CwH is available HERE . My first reaction was scepticism but as I reflect if we are indeed entering a period of prolonged deflation it is not that far fetched. Treat the info for what it is worth. Disclosure:I own all of the above and have about 20% of my portfolio in muni CEFs. Keep up the good work.