1. Nuveen Select Maturities Municipal Fund declares capital gain distribution. 2. Distribution for NIM is $0.0348 per share. 3. Record and ex-dividend date is December 13, 2024. 4. Payable date for distribution is December 31, 2024. 5. Nuveen manages $1.3 trillion in assets.
Capital gain distributions typically attract investor interest, influencing demand positively.
Regular distributions are key for investor confidence, potentially enhancing future NAV.
The distribution announcement will likely boost NIM's price in the near term.
NEW YORK--(BUSINESS WIRE)--Today, the Nuveen Select Maturities Municipal Fund (NYSE: NIM) has declared an additional cash distribution with the record, ex-dividend and payable date outlined below.
The following dates apply to today's distribution declaration for the following municipal closed-end fund:
| Record Date | December 13, 2024 | |
| Ex-Dividend Date | December 13, 2024 | |
| Payable Date | December 31, 2024 |
| Taxable Per Share Distribution Amount | Taxable Per Share Distribution Amount | |||
| Short-Term | Long-Term | |||
| Ticker | Exchange | Fund Name | Capital Gain | Capital Gain |
| NIM | NYSE | Nuveen Select Maturities Municipal Fund | - | $0.0348 |
For more information, please visit Nuveen’s CEF homepage www.nuveen.com/closed-end-funds.
About Nuveen
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.3 trillion in assets under management as of 30 September 2024 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.
Nuveen Securities, LLC, member FINRA and SIPC.
The information contained on the Nuveen website is not a part of this press release.
FORWARD LOOKING STATEMENTS
Certain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:
Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statement.
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