… 12) (39) went ex-div AWF +5 (26) DMO +1 (59) GDO +2 (25) AFB (12) (110) NZF (20) (91) BSD (20) (97) VGM (21) (88) Bottom lines: Actual taxable spread products (non-Treasurys) had mostly a flat to up week while CEFs full …
By James Peters : Many of us blame Meredith Whitney for the fall of the municipal bond market at the end of 2010. However, municipals began falling prior to Meredith’s 60 Minutes appearance on December 19, 2010. Meredith’s report brought national attention to the municipal bond market and created a
… additionally noted the yield of the 30yr, VGM and NZF at those times. The CEF yields ..... to try to avoid that. Date 10yr% 30yr% VGM % NZF% 5/02 5.16 5.40 6.68 6 ..... RATES PEAKED on these three occasions, VGM traded at 10yr+ 152, 45, and 18 bps …
… the rate cycle peak in 2006: Muni CEF Avg Dist Avg Px Avg Dist Yield NZF .0754 15.18 5.96% BBK .0864 17.23 6.01% VGM .0679 14.50 5.62% So what might we deduce from all this. Maybe nothing, but maybe a realization that muni CEFs prices …
… following funds based on M* rating of 2 or lower and/or fund is under new managment: MMI, NPP, NPX, NQI, MMU, VKI, VKQ, VGM , PML & VMO. (narrowed to 19 choices). 5. Eliminated KTF and PMO due to duration not much greater than currently held funds …
… NZH,NMZ, NMO, NZF, NXZ, MAV, AFB, VGM , NMD, and EIM today from before the FED ..... basis points. NMO, NZF, NXZ, MAV, AFB, VGM , NMD, and EIM gained 14 to 44 basis points ..... leverage for NMO, NZF, NXZ, MAV, AFB, VGM , NMD, and EIM (teams). This thread …
… to stick with STSMX, however I'm curious if I could do better than FLTMX and BCOIX? Some CEF's that were suggested are VGM , NZF, NXZ & NMO. I've mostly been looking at NZF and NXZ. Also I went to CEFConnect and picked MUA as another candidate …
By Michael J. Ray : Today’s difficult economic climate has been rough on income investors. Investors who at one time could get competitive rates from US Treasury bills and CDs are now forced out into the larger markets in search of the elusive yield. One place where many investors find themselves
… Kampen Trust for Investment Grade Municipals ( VGM ). Rodney F. Dammeyer, a director, sold 60,310 shares of VGM in three transactions both directly and indirectly ..... Dammeyer with an aggregate position in VGM at 92,946 shares. General American Investors …
… few million dollars and purchased a muni closed-end fund like VGM on 50% margin, the annual tax free yield would be around 15 ..... because the 50% margin is on top of the internal leverage in VGM . 2) I understand that the interest expense would not be tax …