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Nuveen Municipal Advantage Fund (NYSE:NMA) announced a monthly dividend on Thursday, September 4th, Stock Ratings Network reports. Shareholders of record on Monday, September 15th will be paid a dividend of 0.067 per share on Wednesday, October 1st. This represents a $0.80 annualized dividend and a dividend yield of 5.78%. The ex-dividend date is Thursday, September 11th.

Nuveen Municipal Advantage Fund (NYSE:NMA) traded down 0.14% during mid-day trading on Thursday, hitting $13.88. The stock had a trading volume of 69,037 shares. Nuveen Municipal Advantage Fund has a 1-year low of $11.76 and a 1-year high of $14.05. The stock has a 50-day moving average of $13.6 and a 200-day moving average of $13.31.

Nuveen Municipal Advantage Fund, Inc (NYSE:NMA) is a closed-end management investment company.

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