Nuveen Select Maturities Municipal Fund Announces Monthly Dividend of $0.03 (NYSE:NIM)

Nuveen Select Maturities Municipal Fund (NYSE:NIMGet Free Report) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.029 per share on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Thursday, January 15th.

Nuveen Select Maturities Municipal Fund Price Performance

NIM opened at $9.40 on Tuesday. Nuveen Select Maturities Municipal Fund has a twelve month low of $8.73 and a twelve month high of $9.64. The company has a fifty day simple moving average of $9.33 and a 200 day simple moving average of $9.25.

Nuveen Select Maturities Municipal Fund Company Profile

(Get Free Report)

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.

See Also

Dividend History for Nuveen Select Maturities Municipal Fund (NYSE:NIM)

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.