Managed Duration Invtmt Grd Mun Fund common stock (NYSE:MZF) announced a monthly dividend on Monday, June 4th, Wall Street Journal reports. Stockholders of record on Friday, June 15th will be paid a dividend of 0.04 per share on Friday, June 29th. This represents a $0.48 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend is Thursday, June 14th.

Managed Duration Invtmt Grd Mun Fund common stock has decreased its dividend payment by an average of 10.8% annually over the last three years.

Shares of Managed Duration Invtmt Grd Mun Fund common stock traded down $0.01, hitting $14.29, during midday trading on Wednesday, MarketBeat reports. The company had a trading volume of 5,240 shares, compared to its average volume of 21,125. Managed Duration Invtmt Grd Mun Fund common stock has a 1-year low of $13.05 and a 1-year high of $14.35.

Managed Duration Invtmt Grd Mun Fund common stock Company Profile

Managed Duration Investment Grade Municipal Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income exempt from regular federal income tax while seeking to protect the value of the Fund’s assets during periods of interest rate volatility.

Dividend History for Managed Duration Invtmt Grd Mun Fund common stock (NYSE:MZF)

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