Nuveen Provides Update on Closed-End Fund Merger
01 Novembre 2018 - 10:31PM
Business Wire
The effective date of a recently announced closed-end fund
merger and associated changes has been updated. Due to the
Veteran’s Day holiday, the merger of the Nuveen Build America Bond
Opportunity Fund (NYSE: NBD) and Nuveen Build America Bond Fund
(NYSE: NBB) is expected to become effective before the market open
on November 19, 2018, subject to the satisfaction of certain
customary closing conditions. Implementation of the associated
changes to NBB’s name and investment policies (including
elimination of the fund’s contingent term) will also become
effective on the closing date of the merger.
For more detailed information on the fund merger and associated
changes, please click here.
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 $988 billion in assets under management as of
9/30/18 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.
Nuveen Securities, LLC, member FINRA and SIPC. The information
contained on the Nuveen website is not a part of this press
release.
FORWARD LOOKING STATEMENTS
Certain statements made or referenced in this release may be
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.
647663-INV-O-11/20
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version on businesswire.com: https://www.businesswire.com/news/home/20181101006190/en/
NuveenKristyna Munoz254-644-1615kristyna.munoz@nuveen.com
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