Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of Bonds | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Bonds
Shrewd'm.com Merry shrewd investors
Best Of Bonds | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Bonds

Investment Strategies / Bond Investing
Unthreaded | Threaded | Whole Thread (7) |
Author: knighttof3   😊 😞
Number: of 91 
Subject: Re: muni time
Date: 07/13/2024 8:37 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
NEA TaxFree, monthly div, yield 7.55%, NUVEEN AMT FREE QLTY MUN INCME COM
NVG TaxFree, monthly div, yield 7.56%, NUVEEN AMT FREE MUN CR INC FD COM
NMZ TaxFree, monthly div, yield 7.24%, NUVEEN MUN HIGH INCOME OPPORTU COM

A few caveats.
These are CEFs, not ETFs. You may or may not be able to sell your shares when you want to.

They are leveraged. More upside, more downside.

I could not find the expense ratio information on the Nuveen website. I suspect they are 1 to 2%.

The 7% yield almost certainly includes a return of capital component. I can give you a 10% yield for 10 years without any effort by just taking $100 from you and paying you $10 per year.

Credit quality is mostly junk - at least some of the bonds are going to default.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (7) |


Announcements
Bond Investing FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of Bonds | Best Of | Favourites & Replies | All Boards | Followed Shrewds