Nuveen Select Maturities Municipal Fund (NIM) To Go Ex-Dividend on August 14th

Nuveen Select Maturities Municipal Fund (NYSE:NIM) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of 0.029 per share on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, August 14th.

Nuveen Select Maturities Municipal Fund Price Performance

NYSE:NIM opened at $9.27 on Wednesday. Nuveen Select Maturities Municipal Fund has a fifty-two week low of $9.02 and a fifty-two week high of $9.94. The business has a 50 day moving average price of $9.33 and a 200-day moving average price of $9.43.

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.