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NEA / NEA: The Leverage Hurdle Was Too High To Climb

NEA: The Leverage Hurdle Was Too High To Climb
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 exempt from regular federal income tax and the alternative minimum tax. Despite its tax-free objective, the fund has performed poorly, losing double digits since July 2022. Read More
Posted: Jun 13 2023, 20:48
Author Name: Seeking Alpha
Views: 092034

NEA News  

NEA Offering Deepest Discount Among Nuveen Municipal CEFs

By Seeking Alpha
October 14, 2023

NEA Offering Deepest Discount Among Nuveen Municipal CEFs

Municipal Bond CEFs have historically wide gaps between price and NAV due to investor dislike of rate increases. Once the FOMC stops, these funds sho more_horizontal

NEA: The Leverage Hurdle Was Too High To Climb

By Seeking Alpha
June 13, 2023

NEA: The Leverage Hurdle Was Too High To Climb

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, clo more_horizontal

NEA: Fool Me Twice? I Doubt It

By Seeking Alpha
February 12, 2023

NEA: Fool Me Twice? I Doubt It

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 rebo more_horizontal

NEA: Can This Fund Keep Moving Higher? Reasons Why I Think So

By Seeking Alpha
July 29, 2022

NEA: Can This Fund Keep Moving Higher? Reasons Why I Think So

The majority of the fund's holdings are in investment-grade credit, which I view favorably given the challenging economic climate. NEA is well diversi more_horizontal

NEA: An Opportunity To Buy What Everyone Is Selling

By Seeking Alpha
March 25, 2022

NEA: An Opportunity To Buy What Everyone Is Selling

NEA: An Opportunity To Buy What Everyone Is Selling more_horizontal

HYD: Outlook Fading On High Yield, Will Be More Selective On Munis

By Seeking Alpha
February 2, 2022

HYD: Outlook Fading On High Yield, Will Be More Selective On Munis

HYD: Outlook Fading On High Yield, Will Be More Selective On Munis more_horizontal

HYD: Outlook Fading On High Yield, Will Be More Selective On Munis

By Seeking Alpha
February 2, 2022

HYD: Outlook Fading On High Yield, Will Be More Selective On Munis

HYD: Outlook Fading On High Yield, Will Be More Selective On Munis more_horizontal

HYD: Outlook Fading On High Yield, Will Be More Selective On Munis

By Seeking Alpha
February 2, 2022

HYD: Outlook Fading On High Yield, Will Be More Selective On Munis

HYD: Outlook Fading On High Yield, Will Be More Selective On Munis more_horizontal


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