News coverage about Nuveen Intermediate Duration Municipal Term Fund (NYSE:NID) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, 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 stories about the investment management company an impact score of 47.3746750028183 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Nuveen Intermediate Duration Municipal Term Fund (NYSE NID) opened at $13.23 on Friday. Nuveen Intermediate Duration Municipal Term Fund has a fifty-two week low of $12.51 and a fifty-two week high of $13.77.

The business also recently declared a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a dividend of $0.05 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.60 annualized dividend and a dividend yield of 4.54%.

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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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