NIM
Nuveen Select Maturities Municipal Fund9.24
-0.01-0.11%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
115.01MP/E (TTM)
44.00Basic EPS (TTM)
0.21Dividend Yield
0.04%Recent Filings
8-K
By-Laws drop control share provisions
8-K
Board consolidation approved
Nuveen Select Maturities Municipal Fund announced board consolidation across its fund complex on October 13, 2023, appointing four independent trustees—Joseph A. Boateng, Michael A. Forrester, Thomas J. Kenny, and Loren M. Starr—effective January 1, 2024, while resizing to 12 members. Current trustees Jack B. Evans and William C. Hunter retire December 31, 2023. Consolidation targets cost savings and operational efficiencies. Boards align seamlessly.
8-K
Suspends control share by-law
Nuveen Select Maturities Municipal Fund (NIM) and peer closed-end funds suspended their control share by-law on February 24, 2022, complying with a U.S. District Court ruling that struck it down as violating the 1940 Act. Boards intend to appeal, reinstating it if successful to shield against activist hedge funds like Saba. Suspension holds while judgment stands.
8-K
By-laws amended, control shares restricted
Nuveen Select Maturities Municipal Fund (NIM) amended its by-laws on October 5, 2020, alongside dozens of peer funds. New rules tighten advance notice deadlines for 2021 shareholder proposals and add a control share provision requiring shareholder approval for voting rights above 10% ownership. Boards shield long-term holders from short-term activists. Deadlines vary by fund.
8-K
Nuveen caps AMT exposure
Nuveen Select Maturities Municipal Fund tightened its investment policy effective August 5, 2016, capping AMT-subject securities at 20% of managed assets, up from no prior limit. This aligns with uniform 20% caps across most Nuveen municipal closed-end funds, while two AMT-Free funds now mandate 100% non-AMT investments. Policies standardize exposure. Boards can adjust without shareholder notice.
IPO
Sector
Industry
NAD
Nuveen Quality Municipal Income
12.06+0.00
NBB
Nuveen Taxable Municipal Income
15.90-0.13
NMI
Nuveen Municipal Income Fund, I
9.91-0.10
NMS
Nuveen Minnesota Quality Munici
11.88-0.04
NMT
Nuveen Massachusetts Quality Mu
11.58+0.01
NMZ
Nuveen Municipal High Income Op
10.40-0.05
NUV
Nuveen Municipal Value Fund, In
8.97-0.02
NUW
Nuveen AMT-Free Municipal Value
14.17-0.09
NXN
Nuveen New York Select Tax-Free
12.05-0.00
NXP
Nuveen Select Tax Free Income P
14.25-0.02