Nuveen Select Maturities Municipal Fund (NIM) To Go Ex-Dividend on June 15th

Nuveen Select Maturities Municipal Fund (NYSE:NIM) declared a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.029 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Monday, June 15th.

Nuveen Select Maturities Municipal Fund Stock Down 0.5%

Shares of NYSE NIM opened at $9.28 on Wednesday. Nuveen Select Maturities Municipal Fund has a one year low of $8.93 and a one year high of $9.94. The business’s fifty day moving average price is $9.37 and its 200-day moving average price is $9.43.

About Nuveen Select Maturities Municipal Fund

Nuveen Select Maturities Municipal Fund (NYSE: NIM) is a diversified, closed-end management investment company managed by Nuveen Asset Management, a subsidiary of TIAA. Launched in January 2012, the fund seeks to provide shareholders with tax-exempt income by investing primarily in a broad range of municipal securities. Its portfolio is structured around a laddered maturity approach, which aims to balance yield opportunities with interest rate risk management across various maturity segments.

The fund’s investment strategy focuses on acquiring investment-grade and high-yield municipal bonds issued by state and local governments across the United States.