3 Multi-Sector Fixed Income Closed-End Funds That Are Potential Pimco Alternatives [Seeking Alpha]
Nuveen Multi-Market Income Fund (MA) (JMM)
US:NYSE Investor Relations:
nuveen.com/cef/product/overview.aspx?fundcode=jmm
Company Research
Source: Seeking Alpha
3 Multi-Sector Closed-End Funds That Are Potential Pimco AlternativesApr. 17, 2020 6:05 AM ET|Includes:BITGFYJMMby: George Spritzer, CFAYield Hunting: Alt Inc Opps Safe 8+% Income Stream using CEFs, , Munis, Preferreds, and .SummaryPimco CEFs are quite popular, but many are now trading at double-digit premiums over NAV.This article discusses three possible alternative CEFs for those who may want to diversify some of their Pimco holdings.The NAV of multi-sector bond fund GFY (a Western Asset fund) is highly correlated with Pimco funds , and .JMM and BIT (from Nuveen and BlackRock) are two other multi-sector bond CEF alternatives that also have high correlation with the Pimco funds.Experienced closed-end bond fund investors know that Pimco closed-end funds are quite popular. In fact, some invest their entire bond holdings exclusively in Pimco funds.But except for brief periods like the market panic we had a few weeks ago, Pimco funds usually trade at sign
Show less
Read more
Impact Snapshot
Event Time:
JMM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JMM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JMM alerts
High impacting Nuveen Multi-Market Income Fund (MA) news events
Weekly update
A roundup of the hottest topics
JMM
Sec Filings
- 12/3/24 - Form 3
- 11/26/24 - Form NPORT-P
- 11/14/24 - Form SC
- JMM's page on the SEC website