Headlines about Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) have been trending positive on Friday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nuveen Dividend Advantage Municipal Fund earned a news impact score of 0.32 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 48.1911074236267 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Nuveen Dividend Advantage Municipal Fund (NYSE NAD) remained flat at $$13.99 during mid-day trading on Friday. The company had a trading volume of 169,779 shares, compared to its average volume of 370,146. Nuveen Dividend Advantage Municipal Fund has a 12 month low of $13.19 and a 12 month high of $14.46.
The business also recently disclosed a monthly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a dividend yield of 5.15%. The ex-dividend date of this dividend is Tuesday, November 14th.
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About Nuveen Dividend Advantage Municipal Fund
Nuveen Quality Municipal Income Fund is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from regular federal income tax and to enhance portfolio value. The Fund invests in municipal securities that are exempt from federal income taxes. The Fund’s portfolio of investments includes investments in various sectors, such as transportation, healthcare, tax obligation/limited, the United States guaranteed, tax obligation/general, utilities, education and civic organizations, water and sewer, consumer staples, industrials and other.
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