Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $13.33 and traded as high as $13.41. Nuveen Intermediate Duration Munpl Tm Fd shares last traded at $13.39, with a volume of 45,043 shares changing hands.
The business has a 50-day simple moving average of $13.33 and a 200-day simple moving average of $13.08.
The business also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 15th will be given a $0.044 dividend. The ex-dividend date of this dividend is Wednesday, October 14th. This is a boost from Nuveen Intermediate Duration Munpl Tm Fd’s previous monthly dividend of $0.04. This represents a $0.53 dividend on an annualized basis and a yield of 3.94%.
About Nuveen Intermediate Duration Munpl Tm Fd (NYSE:NID)
Nuveen Intermediate Duration Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes.
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