RiverNorth Flexible Municipal Income II aims to exploit CEF discounts in the municipal bond space but delivers sub-market, unattractive income. RFMZ’s 7.9% distribution is misleading; only 3.16% is ...
Nuveen Municipal Credit Income Fund offers a higher yield by taking on both credit and interest rate risk, typical for municipal bond funds. NZF's headline of 7.5% yield is inflated by return of ...
Discover how pledge funds allow investors to pledge capital on a deal-by-deal basis, providing greater control and flexibility over individual investment decisions.