Schedule 13G: Morgan Stanley discloses 640,931 NIM shares (5.1%)
Rhea-AI Filing Summary
Morgan Stanley and Morgan Stanley Smith Barney LLC filed a Schedule 13G on Nuveen Select Maturities Municipal Fund (NIM), reporting beneficial ownership of 640,931 common shares, representing
The filing lists shared voting power: 2 shares and shared dispositive power: 640,931 shares, with no sole voting or dispositive power. The signatories certify the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
Positive
- None.
Negative
- None.
Insights
Passive 5.1% stake disclosed via Schedule 13G.
Morgan Stanley and an affiliate disclosed beneficial ownership of 640,931 Nuveen Select Maturities Municipal Fund shares, equal to
The filing shows no sole voting or dispositive power, but lists shared voting power over 2 shares and shared dispositive power over 640,931 shares. This suggests coordination across entities for disposition authority while voting authority remains minimal.
The certification states the holdings were acquired and are held in the ordinary course and not to influence control. Any impact on trading liquidity or governance depends on future holder decisions and subsequent disclosures.