NBB Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
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💰 A closed-end fund (CEF) managed by Nu-bin that focuses on taxable municipal bonds; it invests in taxable bonds issued by local governments and public institutions, pays monthly distributions, and utilizes leverage to enhance income.
It runs 39% of assets on borrowed money.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds it is 5.3% cheaper.
Its holdings are worth $15.39 per share, but it trades at $14.58. That is close to its past-year average (3.1% below value).
Over the past 1 year, roughly in the middle
12% below its 1-year high.
Traded more than usual. That is 155% of its average volume.
Holding long would have lost money
Bought 5 years ago, your return today would be -34.8%. The S&P 500 did +65% over the same period.
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Dividends are paid consistently
Pays 7.90% annually in dividends.
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Ownership looks stable
Institutions hold 46.3%.
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Multiple ETFs hold this stock, but only a sliver
Buying this ETF gives you exposure to this stock as well.
It ranks #707 of 1435 in the industry
Based on market cap of $429M.
FAQ
What kind of CEF is NBB?
NBB is a closed-end fund (CEF).
What is the distribution yield of NBB?
NBB's distribution yield is approximately 7.90%, paid out on a regular basis.
What is the NAV of NBB?
NBB's NAV is $15.39, which can be compared to the market price to determine any discount or premium.
What are the assets under management of NBB?
NBB's assets under management (AUM) are approximately $451M.
What is the 52-week high and low for NBB?
NBB has recorded a 52-week high of $16.62 and a low of $13.76.