Weekly Report: what happened at JPI last week (0408-0412)?

Play The Odds With Term Funds: Annualized Gains Up To 15%

Term funds aim to minimize the discount at which the fund trades versus its share price. Term funds are similar to buying a discounted bond that is nearing its maturity. There are three types of closed-end fund structures: perpetual, term, and target term. JPI, DCF, CBH, and IHTA are four funds nearing their completion dates.

Weekly Report: what happened at JPI last week (0401-0405)?

Nuveen Preferred & Income Term Fund declares $0.098 dividend

Weekly Report: what happened at JPI last week (0325-0329)?

CEF Weekly Review: The Benefits Of An Open-Ended Fund Merger

CEF market was up solidly through the fourth week of March. Equity-linked CEF sectors led the way. The CEF market has enjoyed the longest sustained rally since 2021. John Hancock Equity CEF is proposing a merger with its mutual fund. The benefits of an open-end fund merger include monetizing the wide discount.

Inside Activist Investor Saba's Fight Over a Nuveen Closed-End Fund

Shareholders of closed-end funds can vote on proposals to change policies. Saba Capital Management and Nuveen are fighting over a proposal to extend the life of a fund. The two have battled over shareholder rights in the past. Closed-end fund shareholders are at the forefront of shareholder activism.

Weekly Report: what happened at JPI last week (0318-0322)?

Weekly Report: what happened at JPI last week (0311-0315)?

Weekly Report: what happened at JPI last week (0304-0308)?

Nuveen Preferred & Income Term Fund declares $0.098 dividend

Weekly Report: what happened at JPI last week (0226-0301)?

Weekly Report: what happened at JPI last week (0219-0223)?

CEF Weekly Review: Treat The Word Arbitrage Loosely

CEF performance was mixed, with MLPs and EM Equity funds outperforming. It's safe to ignore the word arbitrage when used in the CEF context. We highlight the John Hancock CEF earnings report. The Hybrid CEF MFS Special Value Trust is terminating.

GDO: A CEF Aiming To Turn Perpetual

Weekly Report: what happened at JPI last week (0212-0216)?

Weekly Report: what happened at JPI last week (0205-0209)?

CEF Weekly Review: Invesco Succumbs To Peer Pressure

Invesco hiked the dividends of its Muni CEFs by 10-23%, following the lead of Nuveen and BlackRock. All but one sector rallied this week despite Powell taking away the March cut punchbowl. Equity and fixed-income CEF sector discounts remain divergent.

Weekly Report: what happened at JPI last week (0129-0202)?

Nuveen Preferred & Income Term Fund declares $0.098 dividend