Nuveen Select Maturities Municipal Fund

Nuveen Select Maturities Municipal Fund is a closed-end investment fund focused on U.S. municipal bonds with an intermediate duration profile. Its primary objective is to deliver current income that is exempt from regular federal income tax while preserving capital, with a secondary goal of enhancing portfolio value through disciplined security selection and active management. The fund invests predominantly in investment-grade municipal securities and may allocate a limited portion to below-investment-grade issues to broaden income sources and manage credit exposure. It can also utilize tender option bonds (inverse floaters) in modest amounts to efficiently implement strategy and create limited effective leverage, supporting income generation and duration targeting. By concentrating on municipal issuers, the fund channels capital to state and local government projects across sectors such as transportation, utilities, education, and healthcare, contributing to essential public infrastructure. As a seasoned municipal specialist within the closed-end fund market, Nuveen Select Maturities Municipal Fund serves investors seeking tax-exempt income, diversified muni exposure across maturities, and professional credit oversight in a structure designed for consistent distribution and long-term capital stewardship.