Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd (JTA) : Shaker Financial Services reduced its stake in Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd by 65.51% during the most recent quarter end. The investment management company now holds a total of 147,367 shares of Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd which is valued at $1,752,194 after selling 279,958 shares in Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd makes up approximately 1.18% of Shaker Financial Services’s portfolio.
Other Hedge Funds, Including , Financial Architects Inc added JTA to its portfolio by purchasing 200 company shares during the most recent quarter which is valued at $2,388.North Star Investment Management Corp. boosted its stake in JTA in the latest quarter, The investment management firm added 25 additional shares and now holds a total of 1,078 shares of Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd which is valued at $12,569.Next Financial Group Inc reduced its stake in JTA by selling 1,000 shares or 55.56% in the most recent quarter. The Hedge Fund company now holds 800 shares of JTA which is valued at $9,056.
Nuveen Tax-Advantaged Ttl Rtrn Strtgy Fd opened for trading at $11.86 and hit $12.01 on the upside on Thursday, eventually ending the session at $11.96, with a gain of 0.59% or 0.07 points. The heightened volatility saw the trading volume jump to 47,490 shares. Company has a market cap of $28 M.
Nuveen Tax-Advantaged Total Return Strategy Fund (the Fund) is a diversified closed-end registered investment company. The Fund’s investment adviser is Nuveen Fund Advisors LLC a wholly owned subsidiary of Nuveen Investments Inc. The Fund’s investment objective is to achieve a high level of after-tax total return consisting primarily of tax-advantaged dividend income and capital appreciation by investing primarily in a portfolio of dividend-paying common stocks that pays dividends for favorable federal income taxation at rates applicable to long-term capital gains. The Fund also invests in preferred securities that are eligible to pay tax-advantaged dividends as well as in senior loans (both secured and unsecured) domestic corporate bonds notes and debentures convertible debt securities and other similar types of corporate instruments including high-yield debt securities that are not eligible to pay tax-advantaged dividends.