Nuveen AMT-Free Quality Municipal I... (NEA)
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NEA: The Leverage Hurdle Was Too High To Climb
13 June 2023
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 exem...
3 Closed-End Fund Buys In The Month Of April 2023
15 May 2023
April saw the market continuing to push off the lows it touched in March due to bank failures. Despite the overall uncertainty and precarious banking situation, the overall market volatility has conti...
Why I Just Loaded Up on Municipal Bond Funds
19 April 2023
Several municipal bond funds have attractive valuations right now. The increased likelihood of a U.S. recession could drive municipal bond prices higher.
NEA: Fool Me Twice? I Doubt It
12 February 2023
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 fair...
NEA Vs. NUW: Clear Winner Between These Nuveen AMT-Free CEFs
18 November 2022
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 fu...
NEA: Can This Fund Keep Moving Higher? Reasons Why I Think So
29 July 2022
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 c...
Muni Bond CEFs: PIMCO Or Nuveen? The Choice Is Obvious In This Market Environment
10 June 2022
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 pr...
Will Bankruptcy Era Prices Finally Stop The Bleeding In Municipal Bond CEFs?
16 May 2022
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...
NEA: An Opportunity To Buy What Everyone Is Selling
25 March 2022
Munis, as with most fixed-income products, have been selling-off fiercely in 2022. This represents an opportunity.