Nuveen Announces Updates to Closed-End Fund Portfolio Management Teams
October 04 2018 - 4:30PM
Business Wire
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.
Portfolio
Current Portfolio
Management Team
Ticker Fund Name
Management Team
Effective 12/31/2018
JHD Nuveen High Income December 2019 Target Term Fund John Fruit
Tim Palmer * Jeff Schmitz Anders Persson
Michael Ainge JHY Nuveen
High Income 2020 Target Term Fund John Fruit Tim Palmer * Jeff
Schmitz Anders Persson
Michael Ainge JHB Nuveen High Income November
2021 Target Term Fund John Fruit Tim Palmer * Jeff Schmitz Anders
Persson
Michael Ainge JGH Nuveen Global High Income Fund Tim Palmer
Tim Palmer John Fruit Anders Persson
Jeff Schmitz Michael Ainge JMM Nuveen
Multi-Market Income Fund Jason O’Brien Jason O’Brien Peter
Agriminson Peter Agriminson
John Fruit JRI Nuveen Real Asset Income
and Growth Fund Jay Rosenberg Jay Rosenberg Tryg Sarsland Tryg
Sarsland Brenda Langenfeld Brenda Langenfeld
Jeff Schmitz
* 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
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