Stock Rating Report for NGX

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Stock Information

Ticker NGX
Company Name Nuveen Insured Massachusetts Tax-Free Advantage Municipal Fund
Current Price $15.57
Previous Close $15.58
Industry Closed-End Fund - Debt
Sector FINANCIALS
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Optionable? No

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Company Profile

Nuveen Insured Massachusetts Tax-Free 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 Massachusetts. The fund invests in undervalued municipal securities and other related investments the income, covered by insurance from insurers with a claims-paying ability, exempt from regular federal and Massachusetts income tax and are rated Baa, BBB or better and having an average maturity of 18.48 years. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard and Poor's (S and P) Massachusetts Municipal Bond Index and the Standard and Poor's (S and P) National Insured Municipal Bond Index. Nuveen Insured Massachusetts Tax-Free Advantage Municipal Fund was formed on September 30, 2002 and is domiciled in the United States.


Latest News

Tue, 15 May 2012 13:00:00 GMTNuveen Insured Massachusetts Tax-Free Advantage Municipal Fund Announces Policy Changes
Thu, 01 Mar 2012 22:26:00 GMTNuveen Closed-End Funds Declare Monthly Distributions
Fri, 22 Jul 2011 14:32:01 GMT[video] Midas Fund Manager Taps Goldcorp
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