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NBB: An Oddity, But Possibly Not Worth It

Source: SeekingAlpha

2025-06-05 13:21:03 ET

Some ideas are a little odd

Or, perhaps I should weaken that. Some ideas first strike me as a little odd. The big thing about municipal bonds is that they are Federal income tax-free. So, deliberately going out and investing in municipal bonds that are not Fed income tax-free seems odd. But then it's possible that there's a wrinkle in there which makes it not so odd....

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NBB: An Oddity, But Possibly Not Worth It
Nuveen Taxable Municipal Income Fund of Beneficial Interest

NASDAQ: NBB

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