JRS

    During Wednesday's morning trading, 251 companies set new 52-week highs.

The number of buyers who locked in mortgage rates for second homes soared 178% year over year in April, marking the 11th straight month of 80%-plus growth, reports Redfin.Affluent Americans

  This morning 792 companies reached new 52-week highs.

Nuveen Real Estate Income Fund (JRS) declares $0.19/share quarterly dividend, in line with previous.Forward yield 8.36%Payable April 1; for shareholders of record March 15; ex-div March 12.See JRS Dividend Scorecard,

The 19(a) quarterly distribution notices for six Nuveen closed-end funds are now available. These informational notices provide further details on the sources of the funds’ quarterly distributions and follows the most recent quarterly distribution announce...

As 2020 ends, Citi Private Bank comes out with its outlook for 2021, saying the year will be marked by multi-year "unstoppable tends" for client portfolios.Sees a confluence of four

Some CEFs have managed distribution policies that are linked directly or indirectly to their NAVs, allowing investors to forecast changes in distributions with varying accuracy.Recent volatility has already caused some CEFs to lower their distributions as a result of the March drawdown, causing their discounts to widen relative to their sectors.Tactically, we like ERC and ERH here as they should see a rise in distributions in Q2, accompanied by a reversal of their recent discount underperformance.We would also tactically tilt away from RIV and OPP whose distributions will likely shift lower at the start of the year, assuming the funds retain the current MDP.

U.S. equity markets finished flat this week as better-than-expected economic data and earnings results were offset by a continued fiscal stalemate and pressure on technology stocks amid a censorship controversy.The S&P 500 managed to eke out a 0.1% gain this week. The Nasdaq 100 ended the week on a four-day skid as Twitter and Facebook face Congressional subpoenas.Coming off its best two-week gain since April, a sharp sell-off among COVID-sensitive property sectors sent Equity REITs lower by 2.7% with 17 of 18 property sectors in negative territory.Retail sales were far stronger than expected in September, gaining for the fifth month in a row and setting new record highs. Retail sales are now higher by 5.4% from last year, led by the e-commerce and home improvement categories.While retail sales and housing data have exhibited continued strength, the employment recovery has shown signs of losing steam in recent weeks with Initial Jobless Claims coming in above estimates.