Advisory Services Network buys $133,936 stake in Nuveen Ohio Quality Income Muncpl Fund (NUO)

Nuveen Ohio Quality Income Muncpl Fund (NUO) : Advisory Services Network scooped up 7,384 additional shares in Nuveen Ohio Quality Income Muncpl Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 8,319 shares of Nuveen Ohio Quality Income Muncpl Fund which is valued at $133,936.Nuveen Ohio Quality Income Muncpl Fund makes up approximately 0.03% of Advisory Services Network’s portfolio.

Nuveen Ohio Quality Income Muncpl Fund closed down -0.11 points or -0.68% at $16.1 with 21,193 shares getting traded on Friday. Post opening the session at $16.21, the shares hit an intraday low of $16.1 and an intraday high of $16.2271 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Nuveen Ohio Quality Income Municipal Fund is a diversified closed-end management investment company. Its objective is to provide current income exempt from both regular federal and designated state income taxes by investing in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain United States territories. It invests in municipal securities that are exempt from federal Ohio state and local income taxes. It invests at least 80% of its managed assets in securities rated at the time of investment investment grade (Baa/BBB or better by S&P Moody’s or Fitch) or if they are unrated are judged by the manager to be of comparable quality. It may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality of which up to 10% may be rated below B-/B3 or of comparable quality. The Fund’s investment adviser is Nuveen Fund Advisors LLC.

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