| Nuveen Intermediate Duration Quality Municipal Term Fund is a closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income exempt from regular federal income tax with a secondary objective of obtaining additional total return. Under general circumstances, the Fund will invest at least 80% of its managed assets in municipal securities and other related investments, the income from which is exempt from regular federal income tax. The Fund will invest at least 50% of its managed assets in investment grade municipal securities and it also may invest in below investment grade securities. We show 1 historical shares outstanding datapoints in our NIQ shares outstanding history coverage, used to compute NIQ market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NIQ market cap history over the course of time is important for investors
interested in comparing NIQ's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of NIQ versus a peer is one thing; comparing
NIQ market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like NIQ can fluctuate over the course of history.
With this page we aim to empower investors researching NIQ by allowing them to research the NIQ market cap history.