Nuveen Intermediate Duration Municipal Term Fund (NID) Research

The Nuveen Intermediate Duration Municipal Term Fund is a closed-end mutual fund dedicated to fixed income investments. Established by Nuveen Investments, Inc., its management is a collaborative effort between Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. The fund's investment strategy primarily involves capital allocation within the United States' fixed income markets, with a particular focus on municipal securities that offer the benefit of federal income tax exemption. It specifically targets municipal debt instruments that maintain an investment-grade credit rating (Baa/BBB or higher from S&P, Moody's, or Fitch) and possess an effective duration typically ranging from 3 to 10 years. This fund began operations on December 5, 2012, and is domiciled in the United States.

Market snapshot

Symbol
NID
Price
$13.00
Day change
+0.15%
Market cap
$610.0M
P/E ratio
-35.14x
52-week range
12.52-13.55
Sector
Financial Services
Industry
Asset Management

Peer companies

  • CGM Realty Fund (CGMRX)
  • Janus Henderson International Opportunities Fund (HFOAX)
  • Janus Henderson International Opportunities Fund (HFOCX)
  • Janus Henderson International Opportunities Fund (HFOQX)
  • Janus Henderson International Opportunities Fund (HFORX)
  • Janus Henderson International Opportunities Fund (HFOSX)
  • Nuveen Preferred Securities & Income Opportunities Fund (JPI)
  • BlackRock MuniYield California Quality Fund, Inc. (MCA)

Recent insider activity

  • BANK OF AMERICA CORP /DE/ — J-Other (1750 shares) on 2023-02-21
  • Stenersen Trey III — trade (0 shares) on 2022-08-04
  • Black Brett — trade (0 shares) on 2022-06-01
  • McCann John M. — trade (0 shares) on 2022-04-14
  • ZIMMERMAN GIFFORD R — S-Sale (1500 shares) on 2021-08-18

Open Nuveen Intermediate Duration Municipal Term Fund (NID) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.