Nuveen New Jersey High quality Municipal Revenue Fund sees $607,310 in inventory gross sales

In current transactions reported by the Securities and Change Fee, Saba Capital Administration, L.P., and Boaz Weinstein, each vital stakeholders, disclosed gross sales of shares within the Nuveen New Jersey High quality Municipal Revenue Fund (NYSE:NXJ). On January 21 and 22, a complete of 49,875 shares have been bought, amounting to roughly $607,310. The shares have been bought at costs starting from $12.17 to $12.21, close to the fund’s present buying and selling worth of $12.01. Following these transactions, the entire shares owned by the reporting events stood at 4,896,497. The $500 million market cap fund at the moment presents a gorgeous 7.76% dividend yield and has maintained dividend funds for 25 consecutive years, in keeping with InvestingPro information. For traders all for dividend sustainability evaluation and extra insights, InvestingPro presents 5 extra key tips on NXJ’s monetary well being and valuation metrics.

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