Nuveen Short Duration Credit Opp Fund Plans Monthly Dividend of $0.11 (JSD)
Nuveen Short Duration Credit Opp Fund (NYSE:JSD) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be paid a dividend of 0.106 per share by the closed-end fund on Friday, December 1st. This represents a $1.27 dividend on an annualized basis and a yield of 7.24%. The ex-dividend date of this dividend is Tuesday, November 14th.
Nuveen Short Duration Credit Opp Fund has decreased its dividend by an average of 13.8% annually over the last three years.
In other Nuveen Short Duration Credit Opp Fund news, insider Scott C. Caraher sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $17.52, for a total transaction of $35,040.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
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Nuveen Short Duration Credit Opp Fund Company Profile
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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