Morgan Stanley Amends Nuveen Select Maturities Municipal Fund Stake
Ticker: NIM · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 890119
| Field | Detail |
|---|---|
| Company | Nuveen Select Maturities Municipal Fund (NIM) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, fund-holdings
TL;DR
**Morgan Stanley updated its stake in Nuveen Select Maturities Municipal Fund.**
AI Summary
Morgan Stanley filed an amended SC 13G/A on February 9, 2024, indicating its ownership of shares in Nuveen Select Maturities Municipal Fund as of December 31, 2023. This filing, an amendment to a previous disclosure, signals a change in Morgan Stanley's beneficial ownership, though the specific percentage or share count isn't detailed in the provided excerpt. Investors should note this as it reflects a major institutional investor's updated position, which can influence market sentiment and potentially the stock's liquidity and stability.
Why It Matters
This filing shows an updated position from a major institutional investor, Morgan Stanley, in Nuveen Select Maturities Municipal Fund, which can impact market perception and trading activity for the fund's shares.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institution, indicating a change in ownership rather than a new, high-risk event.
Analyst Insight
Investors should monitor subsequent filings or news from Morgan Stanley to understand the specific changes in their ownership percentage and evaluate if this aligns with their own investment thesis for Nuveen Select Maturities Municipal Fund.
Key Players & Entities
- Morgan Stanley (company) — the entity filing the SC 13G/A amendment
- Nuveen Select Maturities Municipal Fund (company) — the subject company whose shares are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 9, 2024 (date) — the date the SC 13G/A was filed
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is Morgan Stanley, with a Central Index Key (CIK) of 0000895421.
What is the subject company of this filing?
The subject company is Nuveen Select Maturities Municipal Fund, with a Central Index Key (CIK) of 0000890119.
What was the 'Date Of Event which Requires Filing of this Statement'?
The 'Date Of Event which Requires Filing of this Statement' was December 31, 2023.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed under Rule 13d-1(b), as indicated by the 'x' in the appropriate box.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 regarding NUVEEN SELECT MATURITIES MUNICIPAL FUND (NIM).