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Nuveen Intermediate Duration Quality Municipal Term Fund - $NIQ STOCK NEWS

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Rhea-AI Summary
Nuveen Intermediate Duration Quality Municipal Term Fund (NIQ) has completed its termination and liquidation, in accordance with its investment objectives. The fund launched in 2013 and primarily invested in municipal securities. It had a final extended net asset value (NAV) of $12.9850 per common share and paid a cash distribution of $12.4082 per common share to shareholders. The fund also distributed one unit of Nuveen Intermediate Duration Quality Municipal Term Fund Liquidating Trust per common share owned by each shareholder. The liquidating trust had an NAV of $0.5768 per unit.
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Rhea-AI Summary
Nuveen's Intermediate Duration Quality Municipal Term Fund (NIQ) has declared a special tax-exempt distribution. The fund is set to liquidate on or before June 30, 2023.
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Nuveen Intermediate Duration Quality Municipal Term Fund

NYSE:NIQ

NIQ Rankings

NIQ Stock Data

168.58M
Link
US
Boston

About NIQ

nuveen is one of the world's largest asset managers, serving institutions, financial intermediaries and individual investors in more than 30 countries, providing investment expertise across the capital structure. in partnership with advisors and consultants, we create outcome-focused solutions that help investors achieve a more secure financial future. recognized as a leader in income generation, alternative investments and responsible investing, nuveen has award-winning capabilities that span both public and private asset classes. our investment approach is fueled by diversity of thought and a network of specialized investment teams with independent processes and best-in-class expertise.as the investment manager of tiaa, we honor a 100-plus year legacy of service and innovation based on enduring principles established by john nuveen and andrew carnegie. inspired by their vision, backed by size and scale, and empowered by private ownership, we are uniquely positioned to contribute mea