NIM Profile
Nuveen Select Maturities Municipal Fund operates as a closed-ended fixed income mutual fund under the stewardship of Nuveen Investments, Inc. Co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC, the fund focuses on investments within the fixed income markets of the United States. It specifically targets municipal securities that carry a rating of Baa/BBB or better, aiming to provide investors with income streams that are exempt from federal income tax.
The fund employs a rigorous investment strategy centered on fundamental analysis and a bottom-up stock picking approach to curate its portfolio. By emphasizing securities that meet stringent credit quality criteria, Nuveen Select Maturities Municipal Fund aims to mitigate risk while maximizing returns for its investors. It benchmarks its performance against prominent indices in the municipal bond market, including the S&P Intermediate Municipal Bond Index and the S&P National Municipal Bond Index.
Established on September 18, 1992, the fund is domiciled in the United States and has built a reputation for reliability and stability in the realm of fixed income investments. With Nuveen's extensive experience and expertise in asset management, the fund continues to attract investors seeking tax-efficient income opportunities within the municipal bond sector. Its strategic management approach and adherence to high investment standards underscore its commitment to delivering favorable outcomes amidst evolving market conditions.
Nuveen Select Maturities Municipal Fund remains dedicated to navigating the complexities of the fixed income landscape while maintaining a disciplined investment philosophy. As part of Nuveen's comprehensive investment offerings, the fund plays a pivotal role in providing diversified municipal bond exposure that aligns with investor objectives and regulatory tax considerations. Through its consistent performance and prudent investment strategies, the fund endeavors to uphold its status as a trusted investment vehicle for tax-exempt income seekers.
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