Three Nuveen Municipal Funds Establish Equity Shelf Programs
03 June 2016 - 7:43AM
Business Wire
Nuveen Investments, an operating division of TIAA Global Asset
Management, today announced the Nuveen Minnesota Municipal Income
Fund (NYSE: NMS), Nuveen Municipal High Income Opportunity
Fund (NYSE MKT: NMZ), and Nuveen AMT-Free Municipal Value
Fund (NYSE: NUW) have each filed initial registration
statements to establish an equity shelf program. The program is
designed to provide a fund’s portfolio managers with additional
flexibility in pursuing attractive investment opportunities they
believe may enhance long-term shareholder returns. Under the equity
shelf program, each fund, subject to market conditions, may raise
equity capital by issuing additional common shares, from time to
time in varying amounts and offering methods, at a net price at or
above the fund’s net asset value per common share plus the per
share amount of any commission.
The funds have filed registration statements with the Securities
and Exchange Commission relating to their proposed shelf offerings.
The information contained in each fund’s preliminary prospectus
within the registration statement is not complete and may be
changed. New shares of each fund will not be sold until its
registration statement is effective. The preliminary prospectus is
not an offer to sell newly registered shares and is not soliciting
an offer to buy newly registered shares in any jurisdiction where
the offer or sale is not permitted.
Investors should consider the fund’s investment objectives,
risks, charges and expenses carefully before investing and may
obtain full fund information by visiting Nuveen’s web site at
www.nuveen.com/cef or by contacting Nuveen Investments at
1-800-257-8787.
Nuveen provides investment solutions designed to help secure the
long-term goals of individual investors and the financial advisors
who serve them. Through the expertise and capabilities of TIAA
Global Asset Management’s high-caliber investment managers, Nuveen
is committed to providing world-class consultative services and
advice that align with client needs. Funds distributed by Nuveen
Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen
Investments is an operating division of TIAA Global Asset
Management. For more information, please visit the Nuveen
Investments website at www.nuveen.com.
16735-INV-O-06/17
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version on businesswire.com: http://www.businesswire.com/news/home/20160602006637/en/
Nuveen InvestmentsMedia Contact:Kristyna Munoz(312)
917-8343kristyna.munoz@nuveen.com
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