FINANCIAL Stocks Alert: Nuveen California Amt-Free Munpl Incm Fd, Cornerstone Progressive Return Fund, Wells Fargo Adv Multi-Sector Inco Fund, Institutional Financial Markets Inc

Lakeway, TX -- (SBWIRE) -- 03/08/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Nuveen California Amt-Free Munpl Incm Fd(NYSEAMEX:NKX) is lower 1.13% and is trading at $14.85. Nuveen California AMT-Free Municipal Income Fund (the Fund), formerly Nuveen Insured California Tax-Free Advantage Municipal Fund, is a closed-ended fund. The Fund seeks to provide monthly tax-free income, portfolio diversification and after tax total returns. The Fund's investment objectives are to provide current income exempt from regular federal income tax and the alternative minimum tax applicable to individuals and California income tax and to enhance portfolio value.

How Should Investors Trade NKX After The Recent Movement? Find Out Here

Cornerstone Progressive Return Fund(NYSEAMEX:CFP) is higher 0.34% and is trading at $5.83. Cornerstone Progressive Return Fund (the Fund) is a closed-end, diversified investment company. The Fund's investment objective is to provide long-term total return. The Fund’s portfolio includes equity securities, convertible securities and short-term investments. The Fund invests in sectors, such as closed-end funds, information technology, energy, financials, healthcare, consumer staples, industrials, consumer discretionary, materials, utilities and other.

Is CFP Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Wells Fargo Adv Multi-Sector Inco Fund(NYSEAMEX:ERC) is higher 0.24% and is trading at $16.59. Wells Fargo Advantage Multi-Sector Income Fund (the Fund), formerly Evergreen Multi-Sector Income Fund, is a diversified closed-end management investment company. The primary investment objective of the Fund is to seek a high level of current income consistent with limiting its overall exposure to domestic interest-rate risk. Wells Fargo Funds Management LLC (Funds Management), an indirect wholly owned subsidiary of Wells Fargo & Company (Wells Fargo).

Is ERC Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Institutional Financial Markets Inc(NYSEAMEX:IFMI) is lower 6.77% and is trading at $2.48. Institutional Financial Markets, Inc. (IFMI) is an investment firm specializing in credit-related fixed income investments. IFMI operates in three business segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets business segment consists of credit-related fixed income sales, trading, and financing, as well as new issue placements in corporate and securitized products and advisory services.

How Should Investors Trade IFMI After The Latest Earnings Report? Find Out Here

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