Dividend Information About Nuveen Select Maturities Municipal Fund: Everything You Need to Know Before Its Ex-Dividend Date on Oct 15, 2025

Nuveen Select Maturities Municipal Fund (NIM) recently announced a cash dividend of $0.02900000 per share, to be paid on Nov 3, 2025, with an ex-dividend date set for Oct 15, 2025. The announcement was made on Oct 1, 2025, marking the official start of the dividend cycle for the upcoming distribution. This payout is slightly lower than the average of the previous 10 dividends, which stood at $0.03271608 per share, indicating a modest reduction in the fund’s dividend rate. The most recent dividend was also $0.02900000 per share, with the same cash dividend type as the current distribution, continuing the trend observed in recent months. Investors should note that the ex-dividend date is the final opportunity to purchase shares in order to qualify for the upcoming dividend, with any purchases made afterward not being entitled to the payout.

Over the past week, several key developments have influenced perceptions of Nuveen Select Maturities Municipal Fund. As of late, market analysts have pointed to valuation multiples indicating that community banks are trading at discounts compared to regional peers, despite showing improved ROE and net interest margin (NIM) trends. Nuveen Select Maturities is being mentioned in these discussions, suggesting that its municipal fund strategy remains relevant amid evolving market conditions. Additionally, recent data highlights that NIM currently offers a yield of 0.0370607, with the fund trading at a discount of -5.7% and a price of $9.39. The fund’s average premium or discount stands at -7.9%, reflecting ongoing market sentiment and investor demand.

Since the last update, there has also been increased focus on the broader municipal bond sector, particularly how closed-end funds like NIM are managing yields and liquidity in a shifting interest rate environment. Investors are closely watching how these factors might impact future dividend stability and fund performance. The fund’s ability to maintain consistent payouts amid these challenges will be a key indicator of its financial health and operational efficiency in the coming months.

In conclusion, Nuveen Select Maturities Municipal Fund continues to attract attention due to its strategic positioning in the municipal bond market and recent trends in its dividend and valuation metrics. The upcoming ex-dividend date of Oct 15, 2025, is a critical milestone for investors looking to participate in the next dividend cycle. Investors should ensure that any purchases are made before this date to be eligible for the Nov 3, 2025, payout.