Nuveen New York Dividend Advantage Municipal Fund (NAN): Securities (usa) Llc Td , 10% owner of Nuveen New York Dividend Advantage Municipal Fund sold 335 shares on Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 28, 2016 to the Securities and Exchange Commission. The shares were sold at $100.00 per share for a total value of $33,500.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 28, 2016, Securities (usa) Llc Td (10% owner) sold 335 shares at $100.00 per share price.
Nuveen New York Dividend Advntg Mncpl Fd: On Tuesday, Sep 27, 2016 heightened volatility was witnessed in Nuveen New York Dividend Advntg Mncpl Fd which led to swings in the share price. The shares opened for trading at $15.23 and hit $15.25 on the upside , eventually ending the session at $15.2121, with a gain of 0.21% or 0.0321 points. The heightened volatility saw the trading volume jump to 21,132 shares. The 52-week high of the share price is $15.95 and the company has a market cap of $140 M . The 52-week low of the share price is at $13.3.
Nuveen New York Dividend Advantage Municipal Fund is a closed-end fund (CEF). The Company invests in municipal securities that are exempt from federal New York state and New York City 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 Moodys or Fitch) or if they are unrated are judged by the manager. It offers products which include: mutual funds which consist of value growth and core equities global and international equities quantitative and enhanced equities targeted asset allocation taxable fixed-income municipal bonds – national and state-specific; closed-end funds which include equity debt and municipal; separately managed accounts include exempt and taxable fixed income value growth core global and international equities; commodity exchange-traded products and unit trusts. The Funds investment advisor is Nuveen Fund Advisors Inc.