Mpam Credit Trading Partners Lowers stake in Nuveen Dividend Advantage Municipal Income Fund of Beneficial Interest (NVG)

Nuveen Dividend Advantage Municipal Income Fund of Beneficial Interest (NVG) : Mpam Credit Trading Partners reduced its stake in Nuveen Dividend Advantage Municipal Income Fund of Beneficial Interest by 14.84% during the most recent quarter end. The investment management company now holds a total of 102,927 shares of Nuveen Dividend Advantage Municipal Income Fund of Beneficial Interest which is valued at $1.6 Million after selling 17,935 shares in Nuveen Dividend Advantage Municipal Income Fund of Beneficial Interest , the firm said in a disclosure report filed with the SEC on May 13, 2016.Nuveen Dividend Advantage Municipal Income Fund of Beneficial Interest makes up approximately 3.97% of Mpam Credit Trading Partners’s portfolio.

Other Hedge Funds, Including , Laurion Capital Management Lp sold out all of its stake in NVG during the most recent quarter. The investment firm sold 351,212 shares of NVG which is valued $5.5 Million. Richard C. Young Ltd. sold out all of its stake in NVG during the most recent quarter. The investment firm sold 203,503 shares of NVG which is valued $3.2 Million.

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Nuveen Dividend Advantage Municipal Income Fund of Beneficial Interest - Is it time to Sell?

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