Nuveen Select Maturities Municipal Fund (NYSE:NIM – Get Free Report) rose 0.2% during trading on Tuesday . The stock traded as high as $9.35 and last traded at $9.32. Approximately 4,029 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 12,447 shares. The stock had previously closed at $9.30.
Nuveen Select Maturities Municipal Fund Stock Down 0.5%
The business’s fifty day moving average is $9.34 and its two-hundred day moving average is $9.42.
Nuveen Select Maturities Municipal Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be given a $0.029 dividend. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, August 14th.
Institutional Trading of Nuveen Select Maturities Municipal Fund
About Nuveen Select Maturities Municipal Fund
Nuveen Select Maturities Municipal Fund (NYSE: NIM) is a diversified, closed-end management investment company managed by Nuveen Asset Management, a subsidiary of TIAA. Launched in January 2012, the fund seeks to provide shareholders with tax-exempt income by investing primarily in a broad range of municipal securities. Its portfolio is structured around a laddered maturity approach, which aims to balance yield opportunities with interest rate risk management across various maturity segments.
The fund’s investment strategy focuses on acquiring investment-grade and high-yield municipal bonds issued by state and local governments across the United States.
Further Reading
- Five stocks we like better than Nuveen Select Maturities Municipal Fund
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Receive News & Ratings for Nuveen Select Maturities Municipal Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Select Maturities Municipal Fund and related companies with MarketBeat.com's FREE daily email newsletter.
