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Tuesday, June 13, 2023 9:49:20 PM
NEW YORK--(BUSINESS WIRE)--Nuveen today announced that the Nuveen Intermediate Duration Quality Municipal Term Fund (NYSE: NIQ) declared a special tax-exempt distribution.
The following dates apply to today's special distribution declaration:
Record Date: June 23, 2023
Ex-Dividend Date: June 22, 2023
Payable Date: June 29, 2023
Special Per Share Distribution: $0.0253
As previously announced, the Board of Trustees of the fund has approved the liquidation of the fund upon the fund’s originally scheduled termination date, and the fund intends to liquidate on or before June 30, 2023. As the fund approaches liquidation, its common shares will continue trading on the New York Stock Exchange through June 23, 2023 and will be suspended from trading before the open of trading on June 26, 2023.
Nuveen is a leading sponsor of closed-end funds (CEFs) with $54 billion of assets under management across 54 CEFs as of 31 Mar 2023. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs. For more information, please visit Nuveen’s CEF homepage www.nuveen.com/closed-end-funds or contact:
Financial Professionals:
800-752-8700
Investors:
800-257-8787
Media:
media-inquiries@nuveen.com
About Nuveen
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.1 trillion in assets under management as of 31 Mar 2023 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.
Nuveen Securities, LLC, member FINRA and SIPC.
The information contained on the Nuveen website is not a part of this announcement.
https://www.businesswire.com/news/home/20230613578258/en/
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