Nuveen Select Maturities Municipal Fund
NIM
About: Nuveen Select Maturities Municipal Fund is a diversified closed-end management investment company. Its primary investment objective is to provide current income exempt from regular federal income tax, consistent with the preservation of capital. Its secondary investment objective is to enhance portfolio value relative to the municipal bond market through investments in tax-exempt municipal obligations that are underrated or undervalued, or that represent municipal market sectors that are undervalued.
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
0.51% more ownership
Funds ownership: 38.63% [Q1] → 39.15% (+0.51%) [Q2]
3% less capital invested
Capital invested by funds: $45.5M [Q1] → $44.1M (-$1.38M) [Q2]
2% less funds holding
Funds holding: 50 [Q1] → 49 (-1) [Q2]
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Financial journalist opinion