Nuveen Premium Income Municipal Fund Has Returned 14.0% Since SmarTrend Recommendation (NPI)
SmarTrend identified a Downtrend for Nuveen Premium Income Municipal Fund (NYSE:NPI) on March 12th, 2013 at $14.51. In approximately 7 months, Nuveen Premium Income Municipal Fund has returned 13.97% as of today's recent price of $12.48.
In the past 52 weeks, shares of Nuveen Premium Income Municipal Fund have traded between a low of $11.78 and a high of $15.94 and are now at $12.48, which is 6% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has remained constant.
Nuveen Premium Income Municipal Fund is a diversified, closed-end management investment company incorporated in the USA. The Fund's objective seeks to provide current income exempt from regular federal income tax. The Fund invests primarily in a diversified portfolio of municipal obligations issued by state and local government authorities.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Nuveen Premium Income Municipal Fund.
Log in and add Nuveen Premium Income Municipal Fund (NPI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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