Nuveen Short Duration Credit Opp Fund (NYSE:JSD) declared a monthly dividend on Monday, February 5th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.106 per share by the closed-end fund on Thursday, March 1st. This represents a $1.27 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date of this dividend is Wednesday, February 14th.
Nuveen Short Duration Credit Opp Fund has decreased its dividend payment by an average of 0.4% annually over the last three years.
Nuveen Short Duration Credit Opp Fund (NYSE JSD) remained flat at $$16.70 during trading on Monday. 30,365 shares of the stock were exchanged, compared to its average volume of 52,632. Nuveen Short Duration Credit Opp Fund has a 1 year low of $16.45 and a 1 year high of $18.55.
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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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