Nuveen Municipal 2021 Target Term Fund Announces Preferred Share Redemption
March 13 2018 - 4:00PM
Business Wire
Nuveen Municipal 2021 Target Term Fund (NYSE: NHA) today
announced that the Fund has redeemed all of its outstanding
$28,300,000 of Variable Rate MuniFund Term Preferred (VMTP) shares,
Series 2019. The VMTP redemption price is the $100,000 liquidation
preference per share, plus an additional amount representing the
final accumulated distribution amounts owed. The Fund financed the
VMTP share redemption with the proceeds of the sale of securities
in its investment portfolio.
The address of the redemption and paying agent, Computershare
Inc., is 250 Royall Street, Canton, Massachusetts 02021.
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 $970 billion in assets under management as of
12/31/17 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.
FORWARD LOOKING STATEMENTS
Certain statements made or referenced in this release may be
forward-looking statements. Actual future results or occurrences
may differ significantly from those anticipated in any
forward-looking statements due to numerous factors. These include,
but are not limited to:
- market developments;
- legal and regulatory developments;
and
- other additional risks and
uncertainties.
Nuveen and the closed-end funds managed by Nuveen and its
affiliates undertake no responsibility to update publicly or revise
any forward-looking statements.
446840-INV-O-03/20
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version on businesswire.com: http://www.businesswire.com/news/home/20180313006206/en/
NuveenKristyna Munoz254-644-1615kristyna.munoz@nuveen.com
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