Nuveen NY Municipal Value (AMEX:NNY)
CAPS Rating:
Provides a steady stream of tax-free income.
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Recs
3
winyah2
(83.66)
Submitted: 9/6/2009 3:32:59 PM :
Start Price:
$8.61
NNY Score:
-20.52
The top tax brackets rates are expected to rest on January 1 2010. Unless something changes individuals in the top tax brackets will pay 3 to 4.6% more tax. Long-term capital gains rates will expire January 1, 2011.
Expect a higher demand for tax-free income and lower demand for growth stocks through the end of next year.
Disclosure: I own municipal bonds and intend to purchase more through the end of 2009.
Recs
0
DABRASCO
(< 20)
Submitted: 5/30/2008 12:07:47 AM :
Start Price:
$7.78
NNY Score:
+23.86
Tax free income, how can you beat that.
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