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| 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. |
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| 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. |
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#-1
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| 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. |
| Tags |
| closed, cons, end, free, funds, nuveen, pros, tax |
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