Nuveen Intermediate is trading at 8.87 as of the 27th of November 2024; that is 0.23% up since the beginning of the trading day. The fund's open price was 8.85. Nuveen Intermediate has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Nuveen Intermediate Duration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests at least 80 percent of its net assets in investment grade municipal bonds rated BBBBaa or higher. More on Nuveen Intermediate Duration
Nuveen Intermediate Duration [NMBAX] is traded in USA and was established 27th of November 2024. Nuveen Intermediate is listed under Nuveen category by Fama And French industry classification. The fund is listed under Muni National Interm category and is part of Nuveen family. This fund now has accumulated 7.87 B in assets with no minimum investment requirementsNuveen Intermediate is currently producing year-to-date (YTD) return of 2.31% with the current yeild of 0.0%, while the total return for the last 3 years was -0.26%.
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Nuveen Intermediate financial ratios help investors to determine whether Nuveen Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Intermediate security.