In a challenging market environment, Nuveen Select Maturities Municipal Fund (NIM) stock has touched a 52-week low, dipping to $8.61. According to InvestingPro data, technical indicators suggest the stock is currently in oversold territory, while maintaining an attractive 8.64% dividend yield. This price level reflects a notable decline amidst fluctuating municipal bond markets and investor sentiment. The fund has demonstrated remarkable stability with a low beta of 0.25 and has maintained dividend payments for 33 consecutive years. InvestingPro analysis reveals strong fundamentals with a current ratio of 2.95, indicating robust liquidity management despite market volatility. This performance highlights the pressures faced by fixed-income securities as investors navigate economic uncertainties and adjust their portfolios in response to changing market conditions.

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