News stories about Nuveen Intermediate Duration Municipal Term Fund (NYSE:NID) have been trending somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nuveen Intermediate Duration Municipal Term Fund earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 47.3746750028183 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Nuveen Intermediate Duration Municipal Term Fund (NYSE:NID) opened at $13.29 on Tuesday. Nuveen Intermediate Duration Municipal Term Fund has a 52 week low of $12.51 and a 52 week high of $13.77.

The business also recently declared a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.51%. The ex-dividend date is Thursday, December 14th.

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About Nuveen Intermediate Duration Municipal Term Fund

Nuveen Intermediate Duration Municipal Term Fund is a diversified, closed-end management investment company. The Fund seeks to provide a high level of current income exempt from regular federal income tax with a secondary objective of seeking additional total return. The Fund also maintains a portfolio with an intermediate duration of between 3 and 10 years (including the effects of leverage).

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