rsmracks
Jan 26, 1:15 AM
$MMIN $NUV
The primary difference between the Nuveen Municipal Credit Opportunities Fund (MMIN, also referred to as NMCO for its closed-end fund ticker) and the Nuveen Municipal Value Fund (NUV) is their credit quality focus and use of leverage. NUV prioritizes high-quality, investment-grade municipal bonds with low leverage, aiming for capital preservation and stable income, while MMIN focuses on higher-yielding, lower- to medium-quality municipal securities and uses more leverage to enhance total return and yield
I own
$NMCO for the higher yield.
I’m going to pick NUV for my next Muni fund, for higher quality and less leverage.
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