Nuveen Intermediate Duration Municipal Stock Company Profile
Information
333 West Wacker Drive
Chicago IL 60606-1220
312 917 7700
www.nuveen.com/cef/Product/Overview.aspx?FundCode=NID
Industry: Asset Management
Sector: Financial Services
Description
Nuveen Intermediate Duration Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in fixed income markets of the United States. The fund primarily invests in municipal securities that are exempt from federal income taxes. It invests in municipal securities rated investment grade, that is, Baa/BBB or better by S&P, Moody's, or Fitch, with an intermediate effective duration of between 3 and 10 years. Nuveen Intermediate Duration Municipal Term Fund was formed on December 5, 2012 and is domiciled in the United States.