Nuveen Sl Tfip (NYSE:NXP) Announces Monthly Dividend of $0.05

Key Points

• Nuveen Sl Tfip (NYSE:NXP) announced a monthly dividend of $0.0535 per share, payable May 1 to shareholders of record on April 15, with an indicated annualized yield of about 4.5% (ex-dividend date April 15).
• Shares traded at $14.33 on Monday, with a 50‑day/200‑day simple moving average of $14.36/$14.32 and a 12‑month range of $13.59–$14.65.
• The fund is a closed‑ended municipal bond portfolio that invests in U.S. investment‑grade municipal securities (rated roughly Baa/BBB or better) and benchmarks to the S&P National Municipal Bond Index.

Nuveen Sl Tfip (NYSE:NXP - Get Free Report) announced a monthly dividend on Wednesday, April 1st. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.0535 per share by the financial services provider on Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, April 15th.

Nuveen Sl Tfip Stock Performance

NYSE:NXP traded down $0.11 during trading hours on Monday, reaching $14.33. The stock had a trading volume of 62,171 shares, compared to its average volume of 163,915. The stock has a 50 day simple moving average of $14.36 and a 200 day simple moving average of $14.32. Nuveen Sl Tfip has a 12-month low of $13.59 and a 12-month high of $14.65.

Nuveen Sl Tfip Company Profile

Nuveen Select Tax-Free Income Portfolio is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of United States. The fund invests in the investment-grade municipal securities rated Baa and BBB or better. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) National Municipal Bond Index and Lipper General and Insured Unleveraged Municipal Debt Funds Average.

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