Nuveen New York Municipal Closed-End Funds Merger to Close June 5, 2015
28 Maggio 2015 - 10:30PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced the closing date for the merger of three Nuveen New York
municipal closed-end funds. The reorganization is expected to take
place after the close of business on June 5, 2015, effective June
8, 2015. As previously announced, the shareholders of these funds
have approved a merger intended to create a larger fund with lower
operating expenses and increased trading volume for common shares.
The funds recently announced distributions which can be viewed by
clicking here.
The funds will be merged as follows:
Acquired Fund Symbol
Acquiring Fund Symbol
Nuveen New York Performance
NNP
Plus Municipal Fund, Inc.
Nuveen New York Dividend
NAN
Advantage Municipal Fund
Nuveen New York Dividend
NXK
Advantage Municipal Fund 2
For more information on Nuveen closed-end funds, please visit
www.nuveen.com/cef.
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 independent investment
subsidiaries of Nuveen Investments, Inc. Funds 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 $233 billion as of
March 31, 2015. For more information, please visit the Nuveen
Investments website at www.nuveen.com.
FORWARD LOOKING STATEMENTS
Certain statements made in this release are forward-looking
statements. Actual future results or occurrences may differ
significantly from those anticipated in any forward-looking
statements due to numerous factors. These include, but are not
limited to:
- market developments;
- legal and regulatory developments; and
- other additional risks and uncertainties.
Nuveen and the closed-end funds managed by Nuveen and its
affiliates undertake no responsibility to update publicly or revise
any forward-looking statements.
8301-INV-O-05/16
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version on businesswire.com: http://www.businesswire.com/news/home/20150528006640/en/
Nuveen InvestmentsMedia Contact:Kristyna Munoz(312)
917-8343KRISTYNA.MUNOZ@NUVEEN.COM
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