FMP
Nuveen Intermediate Duration Municipal Term Fund
NID
NYSE
Inactive Equity
Nuveen Intermediate Duration Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes. It invests in municipal securities rated investment grade, that is, Baa/BBB or better by S&P, Moody's, or Fitch, with an intermediate effective duration of between 3 and 10 years. Nuveen Intermediate Duration Municipal Term Fund was formed on December 5, 2012 and is domiciled in the United States.
13 USD
0.02 (0.154%)
Latest NID News
Seeking Alpha
Feb 11, 2023
CEF Weekly Review: Unleveraged CEF Income Is Holding Up
We review CEF market valuation and performance through the first week of February and highlight recent market action. CEFs notched another good week with EM sectors underperforming.
Seeking Alpha
Jan 31, 2023
Closed-End Funds: Term Structure Potential Vs. Perpetual Funds
Term funds have a few topics making them different that I hope to clear up with today's overview. Term funds can benefit shareholders as NAV is realized one way or another.
Seeking Alpha
Sep 16, 2022
CEF Weekly Review: What's Behind Loan CEF Discount Underperformance?
We review CEF market valuation and performance through the first full week of September and highlight recent market action. CEFs had a decent week as most of the space was able to easily digest higher Treasury yields.
Seeking Alpha
Aug 24, 2022
CEF Report August 2022 - CEFs Continue In Rally Mode, But For How Long?
Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation. We think we will shift from a stagflationary economic regime to a deflationary bust one. That means adding duration and quality.
Seeking Alpha
Jun 4, 2021
Municipal CEF Market Update
We take a look at the Municipal CEF sector which has held up very well despite a rise in Treasury yields. Fundamentals remain in good shape with the fiscal stimulus feeding through and the potential infrastructure tailwind in the pipeline.
Seeking Alpha
Apr 21, 2021
CEF Report April 2021: A Complete Round Trip
CEF Report April 2021: A Complete Round Trip
Seeking Alpha
Apr 19, 2021
Using Term Funds For A Source Of Cash During Market Sell-Offs
Using Term Funds For A Source Of Cash During Market Sell-Offs
Seeking Alpha
Apr 12, 2021
Municipal CEF Sector Update
We take a look at the Municipal CEF sector which has been buffeted over the past few months by rising Treasury yields.
Seeking Alpha
Mar 26, 2021
The 3 Funds I Recently Added To My Portfolio With Yields Up To 7.40%
I have tried to reduce my overall CEF allocation- I continue to make some rotational trades into areas of the marketplace I think are best positioned for gains.
Seeking Alpha
Nov 10, 2020
State Of The CEF Market Update
We look at some broad CEF trends that have developed over the past year, such as performance relative to ETFs, as well as discount weakness. In our Income Portfolios, we continue to approach CEF allocation with a margin-of-safety perspective, while also diversifying into senior securities.
