Nuveen Select Maturities Municipal Fund (NIM) To Go Ex-Dividend on July 15th

Nuveen Select Maturities Municipal Fund (NYSE:NIM) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.029 per share on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Wednesday, July 15th.

Nuveen Select Maturities Municipal Fund Trading Down 0.1%

Shares of Nuveen Select Maturities Municipal Fund stock opened at $9.44 on Monday. The business’s 50 day simple moving average is $9.30 and its 200-day simple moving average is $9.43. Nuveen Select Maturities Municipal Fund has a twelve month low of $8.97 and a twelve month 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.