Nuveen Municipal Income Fund Establishes Equity Shelf Program
May 18 2016 - 4:50PM
Business Wire
Nuveen Investments, an operating division of TIAA Global Asset
Management, today announced the Nuveen Municipal Income Fund
(NYSE: NMI) has filed initial registration statements to
establish an equity shelf program. The program is designed to
provide the 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, the 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 fund has filed a registration statement with the Securities
and Exchange Commission relating to its proposed shelf offering.
The information contained in fund’s preliminary prospectus within
the registration statement is not complete and may be changed. New
shares of the fund will not be sold until its registration
statement is effective. The fund’s 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.
16401-INV-O-05/17
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version on businesswire.com: http://www.businesswire.com/news/home/20160518006491/en/
Nuveen InvestmentsMedia Contact:Kristyna Munoz(312)
917-8343kristyna.munoz@nuveen.com
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