Nuveen Select Maturities Municipal Fund (NIM) To Go Ex-Dividend on March 13th

Nuveen Select Maturities Municipal Fund (NYSE:NIM) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be given a dividend of 0.029 per share on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Friday, March 13th.

Nuveen Select Maturities Municipal Fund Price Performance

Shares of NYSE NIM opened at $9.81 on Wednesday. The company’s fifty day moving average is $9.52 and its 200-day moving average is $9.38. Nuveen Select Maturities Municipal Fund has a twelve month low of $8.80 and a twelve month high of $9.94.

Nuveen Select Maturities Municipal Fund Company Profile

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.