Nuveen Short Duration Credit Opp Fund (NYSE:JSD) announced a monthly dividend on Tuesday, April 3rd, Wall Street Journal reports. Shareholders of record on Friday, April 13th will be given a dividend of 0.106 per share by the closed-end fund on Tuesday, May 1st. This represents a $1.27 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date of this dividend is Thursday, April 12th.
Nuveen Short Duration Credit Opp Fund has decreased its dividend payment by an average of 0.4% annually over the last three years.
NYSE:JSD traded down $0.01 during trading hours on Wednesday, reaching $17.08. The stock had a trading volume of 3,718 shares, compared to its average volume of 39,960. Nuveen Short Duration Credit Opp Fund has a 12-month low of $16.45 and a 12-month high of $18.41.
About Nuveen Short Duration Credit Opp Fund
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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