Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) Share Price Passes Below 200 Day Moving Average of $0.00
Shares of Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as low as $14.15. Nuveen Dividend Advantage Municipal Fund shares last traded at $14.18, with a volume of 17,397 shares.
The company has a fifty day moving average price of $13.91.
The business also recently announced a monthly dividend, which will be paid on Thursday, August 1st. Stockholders of record on Monday, July 15th will be issued a $0.054 dividend. The ex-dividend date is Friday, July 12th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 4.56%.
Nuveen Dividend Advantage Municipal Fund Company Profile (NYSE:NAD)
Nuveen Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes.
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