Nuveen Massachusetts Pre Income Mun Fd (NMT) : Tortoise Investment Management reduced its stake in Nuveen Massachusetts Pre Income Mun Fd by 34.4% during the most recent quarter end. The investment management company now holds a total of 18,009 shares of Nuveen Massachusetts Pre Income Mun Fd which is valued at $281,120 after selling 9,444 shares in Nuveen Massachusetts Pre Income Mun Fd , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Nuveen Massachusetts Pre Income Mun Fd makes up approximately 0.10% of Tortoise Investment Management’s portfolio.
Other Hedge Funds, Including , Proficio Capital Partners sold out all of its stake in NMT during the most recent quarter. The investment firm sold 19,204 shares of NMT which is valued $305,536.Winslow Evans Crocker boosted its stake in NMT in the latest quarter, The investment management firm added 550 additional shares and now holds a total of 4,000 shares of Nuveen Massachusetts Pre Income Mun Fd which is valued at $63,800. Nuveen Massachusetts Pre Income Mun Fd makes up approx 0.02% of Winslow Evans Crocker’s portfolio.
Nuveen Massachusetts Pre Income Mun Fd closed down -0.22 points or -1.40% at $15.54 with 3,493 shares getting traded on Monday. Post opening the session at $15.664, the shares hit an intraday low of $15.54 and an intraday high of $15.7089 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Nuveen Massachusetts Premium Income Municipal Fund is a diversified closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and Massachusetts state personal income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain the United States territories. The secondary objective is the enhancement of portfolio value. The Fund invests in municipal securities that are exempt from federal and Massachusetts state income taxes. The Fund 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. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality. The Fund’s investment adviser is Nuveen Fund Advisors LLC.