Nuveen Short Duration Credit Opp Fund (JSD) Announces Monthly Dividend of $0.11
Nuveen Short Duration Credit Opp Fund (NYSE:JSD) declared a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Shareholders of record on Friday, July 14th will be given a dividend of 0.106 per share by the closed-end fund on Tuesday, August 1st. This represents a $1.27 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date is Wednesday, July 12th.
Nuveen Short Duration Credit Opp Fund has decreased its dividend by an average of 13.8% annually over the last three years.
Nuveen Short Duration Credit Opp Fund (NYSE:JSD) traded down 0.34% during trading on Wednesday, reaching $17.49. 28,791 shares of the company’s stock were exchanged. Nuveen Short Duration Credit Opp Fund has a 52 week low of $15.45 and a 52 week high of $18.55. The company’s 50 day moving average price is $17.77 and its 200-day moving average price is $17.90.
In related news, insider Jack Evans acquired 2,750 shares of the stock in a transaction that occurred on Thursday, April 6th. The shares were purchased at an average cost of $17.99 per share, with a total value of $49,472.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
About Nuveen Short Duration Credit Opp Fund
Nuveen Short Duration Credit Opportunities Fund is a diversified closed-end management investment company. The Fund’s investment objective is to provide current income and the potential for capital appreciation. The Fund invests primarily in a portfolio of below investment grade adjustable rate corporate debt instruments, including senior secured loans, second lien loans and other adjustable rate corporate debt instruments.
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