Nuveen Announces Updates to Closed-End Fund Portfolio Management Teams
NEW YORK--(BUSINESS WIRE)--Oct 4, 2018--Portfolio manager responsibilities for six closed-end funds for which Nuveen Asset Management (NAM) serves as a subadviser will be updated effective December 31, 2018. There will be no impact on the day-to-day management of the funds, their investment objectives, or policies.
Information on the portfolio management transition is outlined in the table below.
* Tim Palmer has worked with John Fruit and Jeff Schmitz on these funds’ strategies since their inception.
For more general closed-end fund information and education, please visit Nuveen’s closed-end fund website.
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $973 billion in assets under management as of 6/30/18 and operations in 16 countries. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.
The information contained on the Nuveen website is not a part of this press release.
Nuveen Securities, LLC, member FINRA and SIPC.
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PUB: 10/04/2018 04:30 PM/DISC: 10/04/2018 04:30 PM