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1607 Capital Partners significantly boosted its holdings in two Nuveen municipal bond funds.
Investment firm 1607 Capital Partners LLC significantly increased its holdings in Nuveen Municipal Value Fund, Inc. (NUV), purchasing an additional 526,883 shares in the fourth quarter, raising its total to 2,655,203 shares.
The fund now constitutes 1.8% of 1607 Capital Partners' portfolio.
Additionally, 1607 Capital Partners also increased its stake in Nuveen Municipal Income Fund, Inc. (NMI), buying 47,914 shares.
Both funds offer monthly dividends, with yields of 4.56% and 4.74% respectively.
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1607 Capital Partners aumentó significativamente sus participaciones en dos fondos de bonos municipales de Nuveen.