Nuveen Select Maturities Municipal Fund (NYSE:NIM – Get Free Report) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be given a dividend of 0.029 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Friday, August 14th.
Nuveen Select Maturities Municipal Fund Trading Up 0.4%
NIM stock opened at $9.20 on Tuesday. The stock has a 50-day moving average price of $9.33 and a two-hundred day moving average price of $9.43. Nuveen Select Maturities Municipal Fund has a 1 year low of $9.02 and a 1 year high of $9.94.
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.
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