Demand Fundamentals
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Demand Technicals
Company Profile
Nuveen Dividend Advantage Municipal Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is managed by Nuveen Asset Management. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments, the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard and Poor's (S and P) National Municipal Bond Index. Nuveen Dividend Advantage Municipal Fund was formed on January 15, 1999 and is domiciled in the United States.
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