Press coverage about Nuveen Performance Plus Municipal Fund (NYSE:NPP) has trended somewhat negative recently, according to Alpha One. Alpha One, a service of Accern, identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nuveen Performance Plus Municipal Fund earned a media sentiment score of -0.16 on Alpha One’s scale. Alpha One also assigned news coverage about the investment management company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
Nuveen Performance Plus Municipal Fund (NPP) traded down 2.74% during mid-day trading on Friday, reaching $15.64. 452,180 shares of the company traded hands. The stock’s 50-day moving average price is $16.45 and its 200-day moving average price is $16.16. Nuveen Performance Plus Municipal Fund has a one year low of $13.91 and a one year high of $16.82.
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Nuveen Performance Plus Municipal Fund Company Profile
Nuveen Performance Plus Municipal Fund, Inc (Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain territories of the United States.
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