Thu, Aug. 27, 10:27 AM
- The Nuveen Premium Income Municipal Fund 4 (NYSE:NPT), Nuveen Dividend Advantage Municipal Fund 2 (NYSEMKT:NXZ), and Nuveen Municipal Advantage Fund (NYSE:NMA) will be folded into the Nuveen Dividend Advantage Municipal Fund 3 (NYSEMKT:NZF) - which will be renamed the Nuveen Enhanced Municipal Credit Opportunities Fund.
- The Nuveen Municipal Opportunity Fund (NYSE:NIO), the Nuveen Quality Municipal Fund (NYSE:NQI), and Nuveen Quality Income Municipal Fund (NYSE:NQU) will be merged with the Nuveen Dividend Advantage Municipal Income Fund (NYSEMKT:NVG) - which will be renamed the Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund.
- Press release
NPT vs. ETF Alternatives
It seeks current income exempt from regular Federal income tax. The secondary objective is the enhancement of portfolio value relative to the municipal bond market. It will invest primarily in tax-exempt investment grade municipal bonds. Up to 20% of its a
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