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Nuveen's Lamb says that muni bonds, despite rebound, remain a good value
The NAVigator
English - September 11, 2020 12:27 - 9 minutes - 7.73 MB - ★★★★★ - 5 ratingsInvesting Business closedendfunds Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Skadden's DeCapo says SEC rules changes won't stop closed-end activism
Dave Lamb, head of closed-end funds for Nuveen, says that while municipal bonds have rebounded sharply, they haven't quite kept pace with investment-grade issues or recovered to pre-pandemic levels, creating an opportunity for investors. He notes that closed-end fund investors can find bargains and don't have to worry much about being disappointed when they can buy issues at wider discounts the way they can now.