Nuveen Announces Completion of Closed-End Fund Merger
October 17 2016 - 9:00AM
Business Wire
Nuveen, an operating division of TIAA Global Asset Management,
today announced that the merger of the Nuveen Global Equity Income
Fund (NYSE: JGV) with and into the open-end Nuveen NWQ Global
Equity Income Fund (NQGAX) was completed prior to the open of the
New York Stock Exchange on October 17, 2016. As part of this
merger, JGV shareholders received Class A shares of the NWQ fund as
previously announced.
Effective today, former JGV shareholders now hold shares of the
Nuveen NWQ Global Equity Income Fund. Shares of the NWQ fund may be
purchased or redeemed on any business day. The exchange of shares
took place based upon the funds’ closing net asset values on
October 14, 2016. The exchange ratio at which shares of each JGV
were exchanged for shares of NQGAX is listed below:
Fund Exchange Ratio Nuveen Global Equity
Income Fund (JGV) 0.47919923
Nuveen provides investment solutions designed to help secure the
long-term goals of individual investors and the advisors who serve
them. Through the investment expertise of leading asset managers
across traditional and alternative asset classes, Nuveen is
committed to delivering consultative guidance that aligns with
client needs. Funds are distributed by Nuveen Securities, LLC, a
subsidiary of Nuveen Investments, Inc. Nuveen is an operating
division of TIAA Global Asset Management. For more information,
please visit the Nuveen website at www.nuveen.com.
The information contained on the Nuveen website is not a part of
this press release.
19783-INV-O-10/17
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version on businesswire.com: http://www.businesswire.com/news/home/20161017005394/en/
NuveenMedia Contact:Kristyna Munoz,
312-917-8343kristyna.munoz@nuveen.com
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