USX:NID - Nuveen Intermediate Dur Muni Term Fund Nuveen Intermediate Duration M
Sector: Financials, Industry: Asset Management & Custody Banks
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USD 13.5    +0.5 (+3.85%)

28 Mar 2023


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Description

Nuveen Intermediate Dur Muni Term Fund is a diversified closed-end management investment company. The 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 seeks to achieve its objectives by investing in undervalued municipal securities, the income from which is exempt from regular federal income tax. The fund invests half of its managed assets in investment grade municipal securities.

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