Nuveen Select Maturities Municipal Fund Announces Monthly Dividend of $0.03 (NYSE:NIM)

Nuveen Select Maturities Municipal Fund (NYSE:NIM) announced a monthly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be paid a dividend of 0.029 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Friday, May 15th.

Nuveen Select Maturities Municipal Fund Stock Up 0.4%

NYSE NIM traded up $0.04 during trading hours on Wednesday, hitting $9.32. 104 shares of the company’s stock traded hands, compared to its average volume of 19,162. Nuveen Select Maturities Municipal Fund has a 52-week low of $8.80 and a 52-week high of $9.94. The firm’s 50-day moving average is $9.51 and its 200-day moving average is $9.44.

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.