Nuveen Short Duration Credit Opp Fund Plans Monthly Dividend of $0.11 (JSD)
Nuveen Short Duration Credit Opp Fund (NYSE:JSD) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 12th will be given a dividend of 0.106 per share by the closed-end fund on Thursday, February 1st. This represents a $1.27 annualized dividend and a dividend yield of 7.64%. The ex-dividend date is Thursday, January 11th.
Nuveen Short Duration Credit Opp Fund has decreased its dividend payment by an average of 0.4% annually over the last three years.
Nuveen Short Duration Credit Opp Fund (NYSE JSD) opened at $16.65 on Wednesday. Nuveen Short Duration Credit Opp Fund has a 12 month low of $16.47 and a 12 month high of $18.55.
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About Nuveen Short Duration Credit Opp Fund
Nuveen Short Duration Credit Opportunities Fund is a diversified closed-end management investment company. The Fund’s investment objective is to provide current income and the potential for capital appreciation. The Fund invests primarily in a portfolio of below investment grade adjustable rate corporate debt instruments, including senior secured loans, second lien loans and other adjustable rate corporate debt instruments.
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