Intraday Info: Nuveen Dividend Advantage Municipal Fund (NYSE:NAD) locked on 08/02/2017 at $14.04. It has average volume 661.87K whilst it totals volume 264,846.
Ownership Summary: Nuveen Dividend Advantage Municipal Fund Inc has total institutional ownership 12.69% while its total outstanding shares 202 millions that’s value of holdings $359 million.
Active Positions: In the latest year, NAD 81 holders have raised its positions while it contains total 4,261,823 shares. And the strength of reduced positions holders and held positions holders are 55 and 1,031,635 respectively.
New and Sold Out Positions: In NAD force of new positions holders 23 and it has total shares 466,106. And force of sold out positions holders 15 and it has 552,477 shares.
Rob Leary, Chief Executive Officer Nuveen Statement
We’re very glad to declare that we are starting the technique of turning in all of our asset management capabilities to all of our customers around the sector underneath one name: Nuveen.
Our firm has grown drastically in latest years, drawing upon the strengths of legacy groups –TIAA global Asset administration and Nuveen – and our funding pals, and as of December 31, 2016, we control nearly $900 billion on behalf of our clients. Bringing our company collectively beneath the Nuveen umbrella will facilitate us to better serve our clients as one international agency whose solutions span almost each public and private asset magnificence in each form of funding wrapper: Our clients might be capable of access not simplest all the specialist investment skills across our pals, however additionally the insights, hazard management, analytics and different tools and assets a virtually world-class platform presents. And we will keep providing the products and offerings that millions of shareholders have trusted as a part of their plans to meet their long-time period investment aims.
As we construct a good stronger Nuveen over the direction of 2017, it will likely be business as normal for all of our customers: None of our funding buddies or portfolio managers will regulate their investment methods. Our clients’ non-public relationships and contacts throughout our firm will not change. Our agency will keep keeping our deep connection with TIAA and drawing at the background of a combined 200 years of provider.
Please rest assured that our funding promise additionally remains unchanged: We placed our customers first and will set up sources throughout our whole company to assist them reap a hit funding consequences.
Sooner or later, to our clients, thank you for the accept as true with you’ve located in us. I inspire you to reach out in your dating supervisor with any questions you could have approximately this modification or our commitment to constructing asset management abilities that stand the test of time and assist you reach your economic ambitions.