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Muni-Junk Titan Nuveen Starts Fund to Take Advantage of Defaults
Muni-Junk Titan Nuveen Starts Fund to Take Advantage of Defaults By Martin Z Braun May 24, 2019, 11:53 AM CDT
Nuveen is among the biggest investors in high-yield muni bonds Closed-end fund prospectus registered Thursday with the SEC
Nuveen, a perennial bull on risky municipal debt, is planning a new fund to invest in state and local government bonds in distress, default or in bankruptcy, according to a securities filing.
