AP NEWS

Nuveen Announces Updates to Closed-End Fund Portfolio Management Teams

October 4, 2018

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.

About Nuveen

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.

621389-INV-O-10/20

View source version on businesswire.com:https://www.businesswire.com/news/home/20181004005754/en/

CONTACT: Nuveen

Kathleen Cardoza

312-917-7813

Kathleen.cardoza@nuveen.com

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE

SOURCE: Nuveen

Copyright Business Wire 2018.

PUB: 10/04/2018 04:30 PM/DISC: 10/04/2018 04:30 PM

http://www.businesswire.com/news/home/20181004005754/en

AP RADIO
Update hourly