Nuveen Dividend Advantage Municipal Fund (NAD) Given Daily News Sentiment Rating of 0.16
Media coverage about Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nuveen Dividend Advantage Municipal Fund earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.2375479048032 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) opened at 14.38 on Friday. Nuveen Dividend Advantage Municipal Fund has a 52-week low of $13.19 and a 52-week high of $15.20. The stock has a 50 day moving average of $14.31 and a 200 day moving average of $13.99.
The business also recently declared a monthly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Friday, September 15th will be issued a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date is Thursday, September 14th.
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About Nuveen Dividend Advantage Municipal Fund
Nuveen Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax and to enhance portfolio value. The Fund invests in municipal securities that are exempt from federal income taxes. The Fund’s portfolio of investments includes investments in various sectors, such as transportation, healthcare, tax obligation/limited, the United States guaranteed, tax obligation/general, utilities, education and civic organizations, water and sewer, consumer staples, industrials and other.
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