Nuveen Senior Income Fund (NYSE:NSL) Share Price Crosses Below Fifty Day Moving Average of $5.72

Shares of Nuveen Senior Income Fund (NYSE:NSL) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.72 and traded as low as $5.69. Nuveen Senior Income Fund shares last traded at $5.69, with a volume of 1,016 shares.

The business has a 50-day moving average of $5.72 and a two-hundred day moving average of $5.82.

The company also recently announced a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be given a dividend of $0.036 per share. This represents a $0.43 dividend on an annualized basis and a yield of 7.63%. The ex-dividend date is Friday, October 11th.

Hedge funds have recently added to or reduced their stakes in the stock. Virtus ETF Advisers LLC acquired a new stake in Nuveen Senior Income Fund during the second quarter valued at approximately $2,853,000. Invesco Ltd. boosted its holdings in Nuveen Senior Income Fund by 14.0% during the second quarter. Invesco Ltd. now owns 910,429 shares of the investment management company’s stock valued at $5,399,000 after purchasing an additional 112,142 shares in the last quarter. Rivernorth Capital Management LLC boosted its holdings in Nuveen Senior Income Fund by 15.3% during the second quarter. Rivernorth Capital Management LLC now owns 794,079 shares of the investment management company’s stock valued at $4,669,000 after purchasing an additional 105,474 shares in the last quarter. Robinson Capital Management LLC acquired a new stake in Nuveen Senior Income Fund during the second quarter valued at approximately $533,000. Finally, Next Capital Management LLC boosted its holdings in Nuveen Senior Income Fund by 35.8% during the second quarter. Next Capital Management LLC now owns 298,314 shares of the investment management company’s stock valued at $1,766,000 after purchasing an additional 78,650 shares in the last quarter.

Nuveen Senior Income Fund Company Profile (NYSE:NSL)

Nuveen Senior Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc It is managed by Symphony Asset Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in adjustable rate U.S dollar-denominated secured Senior Loans. Nuveen Senior Income Fund was formed on October 26, 1999 and is domiciled in the United States.

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