Two Nuveen Closed-End Funds Announce Investment Policy Changes
17 Dicembre 2015 - 10:31PM
Business Wire
Nuveen Investments, today announced that the Board of Trustees
of two of its closed-end funds has approved the funds’ ability to
more broadly invest in US dollar-denominated non-U.S. securities.
The two funds are the Nuveen Preferred and Income Term Fund
(NYSE: JPI) and Nuveen Preferred Income Opportunities
Fund (NYSE: JPC). The elimination of the funds’
existing 40 percent limit on non-U.S. securities reflects the
evolution of the preferred securities market over time.
Nuveen Investments provides high-quality investment services
designed to help secure the long-term goals of institutional and
individual investors as well as the consultants and financial
advisors who serve them. Nuveen Investments markets a wide range of
specialized investment solutions which provide investors access to
capabilities of its high-quality boutique investment
affiliates—Nuveen Asset Management, LLC, Symphony Asset Management
LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset
Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital
Management, LLC and Gresham Investment Management LLC, all of which
are registered investment advisers and subsidiaries of Nuveen
Investments, Inc. Fund distributed by Nuveen Securities, LLC, a
subsidiary of Nuveen Investments, Inc. Nuveen Investments operates
as a separate subsidiary within TIAA-CREF, which is a leading
provider of retirement and financial services in the academic,
research, medical and cultural fields. In total, Nuveen Investments
managed approximately $220 billion as of September 30, 2015. For
more information, please visit the Nuveen Investments website at
www.nuveen.com.
12543-INV-O-12/16
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version on businesswire.com: http://www.businesswire.com/news/home/20151217006510/en/
Nuveen InvestmentsMedia Contact:Kristyna Munoz(312)
917-8343KRISTYNA.MUNOZ@NUVEEN.COM
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