Re: Short term income
Yes. The tradeoff is as you said.
What I find odd is that Barron's listing of Closed-end Funds, listings hundreds of funds in various categories does not list MIN and MFG in its listings of Nuveen Funds.
On the cefconnect site, there is no listing for "effective leverage" as appears for other closed end funds. To have a higher yield from their treasury holdings, some riskier action has to be involved. Use of derivatives?
Found part of my answer ... alot of the divs consist of return of capital.