Research & Education

Nuveen's 18 market and credit analysts are dedicated to analyzing the municipal bond market, and individual securities that we’re considering for purchase or currently own. That allows us to evaluate certain bonds that may be out of favor with the marketplace or find value in bonds the general public may be overlooking. In the links below, our analysts provide more information about municipal bond investing, as well as their thoughts on current market trends.

13 documents.

Document	Role
Fixed Income Investing When the Yield Curve is Steep -- Provides answers to some common questions about the state of the yield curve and what that might mean for investors.	Investor
The Municipal Bond Market: 2010 Mid-Year Update -- Recaps recent events in the municipal market.	Investor
Municipal Market Recap and Outlook 2nd Quarter 2010 -- Economic outlook with information concerning our economy, along with inflation, interest rates, supply and demand, and credit conditions.	Investor
State of the States: New York -- Explains the state of the NY state budget.	Investor
Regaining Balance: State and Local Net Receipts Turn Positive -- For the first time since the third quarter of 2007, current revenues of state and local governments exceeded current expenditures during the first quarter of 2010.	Investor
Global Scale Ratings: What are the Implications for Investors? -- Provides information about the change to the global scale rating system for municipal bonds.	Investor
Build America Bonds -- Explains Build America Bonds, a new type of security created by the American Recovery and Reinvestment Act.	Investor
State of the States: Municipal Budget and Credit Challenges -- Explores the state of municipal credit..	Investor
State/Local Governments and the Great Depression -- How did state and local units of government fare during the Great Depression?	Investor
Chapter 9 Bankruptcy: A Primer -- Provides basic information about Chapter 9 Bankruptcy	Investor
1 2

11 documents.

Document	Role
Value and Growth Investing: The Importance of Investment Style -- An analysis that explores the differences and similarities between value and growth investing and illustrates how combining the right balanced of value and growth in a diversified portfolio may lead to competitive returns over time.	Investor
Riding the Yield Curve in Up and Down Markets -- Explains the municipal strategy of riding the yield curve when investing in intermediate bonds.	Investor
Waiting to Extend - A Forward-Looking Approach -- Provides a tool for quantifying the consequences of delaying one’s purchase of long-term bonds and for setting a target that interest rates must reach in order to justify such a delay.	Investor
Premium Bonds -- This piece explains the potential benefits of purchasing premium bonds in a rising interest rate envioronment.	Investor
Dividend Growth Investing Whitepaper -- A Research Report illustrating Why Dividends, Why Now (updated through 12/31/09).	Investor
Understanding Tender Option Bonds and Inverse Floating Rate Securities -- Reviews inverse floaters and tender option bonds.	Investor
Understanding: Duration -- Explains the concept of duration.	Investor
The Case for Equity Investing -- A research report that provides a historical perspective on market performance from 1926 (the inception of the S&P 500 Index) through the end of 2009. It also examines the potential benefits of including equities within a diversified portfolio.	Investor
Two Is Greater Than One 2010 - At A Glance -- A research piece that reviews the benefits of a diversified portfolio that includes both municipals and equities.	Investor
Briefing: Asset Allocation - Risk and Reward 1929-2008 -- A historical perspective of diversification that includes a chart with a wealth of annual return statistics and measures for a range of asset class mixes (stocks, bonds, cash) plus an illustration of the range of returns produced by those asset class mixes.	Investor
1 2