Nuveen MLP Closed-End Funds Provide Update on Liquidation
29 April 2020 - 6:30AM
Business Wire
Nuveen Energy MLP Total Return Fund (NYSE: JMF) and the Nuveen
All Cap Energy MLP Opportunities Fund (NYSE: JMLP) previously
announced that both funds intend to liquidate and distribute their
net assets to shareholders. The funds now anticipate making a
single liquidating distribution to shareholders in cash on or about
May 8, 2020. As planned, the funds will continue trading on the New
York Stock Exchange through May 4, 2020 and will be suspended from
trading before the open of trading on May 5, 2020, after which time
there will be no secondary market for the funds’ shares. The Board
of Trustees have approved the liquidation and termination of both
funds on or about May 8, 2020.
Shareholders may recognize gain or loss for U.S. tax purposes as
a result of the liquidations. Nuveen does not provide tax advice;
investors should consult a professional tax advisor regarding their
specific tax situation.
For more information, please visit Nuveen’s CEF homepage
www.nuveen.com/closed-end-funds.
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 $1 trillion in assets under management as of
31 March 2020 and operations in 27 countries. Its investment
specialists 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.
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