NID Stock, Nuveen Intermediate Duration Municipal Term Fund of Beneficial Interest Information
Stock Information
| Company Name: | Nuveen Intermediate Duration Municipal Term Fund of Beneficial Interest |
| Stock Symbol: | NID |
| Market: | NYSE |
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About Nuveen Intermediate Duration Municipal Term Fund of Beneficial Interest
Nuveen Intermediate Dur Muni Term Fund is a diversified closed-end management investment company. The Fund invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage. The Fund invests at least 50% of its managed assets in municipal securities rated investment grade (Baa/BBB or better by S&P, Moodys, or Fitch) at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.