STOCK TITAN

Nuveen Intermediate Duration Municipal Term Fund - $NID STOCK NEWS

Welcome to our dedicated page for Nuveen Intermediate Duration Municipal Term Fund news (Ticker: $NID), a resource for investors and traders seeking the latest updates and insights on Nuveen Intermediate Duration Municipal Term Fund stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nuveen Intermediate Duration Municipal Term Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nuveen Intermediate Duration Municipal Term Fund's position in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.58%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.95%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
none
Nuveen Intermediate Duration Municipal Term Fund

NYSE:NID

NID Rankings

NID Stock Data

610.01M
Investment Banking and Securities Dealing
Finance and Insurance
Link
US
Chicago

About NID

Nuveen Intermediate Duration Municipal Term Fund's primary investment objective is to provide a high level of current income exempt from regular federal income tax. The Fund's secondary investment objective is to seek additional total return. The Fund invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage. The Fund invests at least 50% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 50% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality. Up to 20% of its investments may pay interest that is taxable under the federal alternative minimum tax (AMT) applicable to individuals, with an initial target of approximately 5% to 15% of its assets invested in AMT bonds. The Fund uses leverage, and the Fund has a 10-year term and intends to liquidate and distribute its then-current net assets to shareholders on or before 31 Mar 2023.