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Old 02-19-2004, 04:38 PM
FranksPlace2
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Default Re: Pros and Cons of Nuveen Tax free Closed End Funds

They currently provide about a 6% tax free dividend which is
attractive. However they are derivative products so dividend may
decrease as it did 2 years ago.

Frank

arouth[at]radiology.umsmed.edu (zxcvar) wrote in message news:<f0e5a6c.0402141833.2c7512af[at]posting.google.com> ...
- quote -

> Greetings! Does any member of this newsgroup owns Nuveen Tax Free
> Closed End Funds? What are the drawbacks if you buy and hold them and
> never trade them? With thanks.


 
Old 02-16-2004, 07:16 PM
FranksPlace2
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Default Re: Pros and Cons of Nuveen Tax free Closed End Funds

I bought NQM over two years ago. It had just reduced its dividend and
was selling at a discount. It has paid about 6% tax free steady since
I have owned it. I recently bought a little more.

Frank

arouth[at]radiology.umsmed.edu (zxcvar) wrote in message news:<f0e5a6c.0402141833.2c7512af[at]posting.google.com> ...
- quote -

> Greetings! Does any member of this newsgroup owns Nuveen Tax Free
> Closed End Funds? What are the drawbacks if you buy and hold them and
> never trade them? With thanks.


  #-1  
Old 02-15-2004, 09:42 AM
zxcvar
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Default Pros and Cons of Nuveen Tax free Closed End Funds

Greetings! Does any member of this newsgroup owns Nuveen Tax Free
Closed End Funds? What are the drawbacks if you buy and hold them and
never trade them? With thanks.

 

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closed, cons, end, free, funds, nuveen, pros, tax
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