Managed Duration Invtmt Grd Mun Fund (MZF) Plans Monthly Dividend of $0.05

Managed Duration Invtmt Grd Mun Fund (NYSE:MZF) declared a monthly dividend on Monday, February 5th, Wall Street Journal reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.045 per share on Wednesday, February 28th. This represents a $0.54 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date of this dividend is Wednesday, February 14th.

Managed Duration Invtmt Grd Mun Fund has decreased its dividend by an average of 10.8% per year over the last three years.

Managed Duration Invtmt Grd Mun Fund (MZF) opened at $13.10 on Friday. Managed Duration Invtmt Grd Mun Fund has a 1 year low of $12.86 and a 1 year high of $14.17.

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Managed Duration Invtmt Grd Mun Fund Company Profile

Managed Duration Investment Grade Municipal Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income exempt from regular federal income tax while seeking to protect the value of the Fund’s assets during periods of interest rate volatility.

Dividend History for Managed Duration Invtmt Grd Mun Fund (NYSE:MZF)

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