Latest Nuveen Muni High Income Opportunity (NMD) Headlines
Nuveen Announces Merger for Municipal Closed-End Funds
Business Wire - Mon Jul 15, 8:25AM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the reorganization of the Nuveen Municipal High Income Opportunity Fund (NYSE MKT: NMZ) and Nuveen Municipal High Income Opportunity Fund 2 (NYSE: NMD) was completed prior to the opening of the New York Stock Exchange on July 15, 2013. As part of a previously announced reorganization, the funds have been merged as outlined in the table below.
Two Nuveen Municipal Closed-End Funds Declare Pre-Merger Distributions
Business Wire - Mon Jul 01, 5:37PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced common share distributions for two municipal closed-end funds. The shareholders of these funds, the Nuveen Municipal High Income Opportunity Fund (NYSE MKT: NMZ) and Nuveen Municipal High Income Opportunity Fund 2 (NYSE: NMD), have each approved the reorganization of their fund into a single, larger fund. The reorganization is expected to take place after the close of business on Friday, July 12, 2013, effective Monday July 15, 2013, with NMZ acquiring substantially all of the assets of NMD. The goal of this reorganization is to create a single, larger municipal bond fund, with lower operating expenses and increased share trading volume.
Nuveen Closed-End Funds Declare Monthly Distributions
Business Wire - Mon Jun 03, 4:07PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 85 Nuveen closed-end funds declared regular monthly distributions. These funds represent a broad range of tax-exempt, taxable fixed and floating rate income investment strategies for investors seeking to build sophisticated and diversified long-term investment portfolios for cash flow. The funds' monthly distributions are listed below.
Two Nuveen closed-end funds price private placement of preferred securities
M2 - Mon Dec 24, 5:05AM CST
Provider of investment services, Nuveen Investments stated on Friday that two national municipal closed-end funds Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) and Nuveen Municipal High Income Opportunity Fund 2 (NYSE:NMD) priced and placed private offerings of USD51.0m and USD36.0m, respectively, on new Variable Rate MuniFund Term Preferred Shares (VMTP), with a term redemption date of 1 January 2016.
Two Nuveen Closed-End Funds Complete Issuance of Preferred Securities
Business Wire - Fri Dec 21, 4:43PM CST
Nuveen Investments, a leading global provider of investment services to institutions, as well as individual investors, today announced two national municipal closed-end funds have successfully priced and placed private offerings of new Variable Rate MuniFund Term Preferred Shares (VMTP) with a term redemption date of January 1, 2016. The proceeds from the issuance will in part be used to retire the funds' bank borrowing lines of credit. The funds and their corresponding amounts of VMTP shares are as follows:
Nuveen Announces Merger for Municipal Closed-End Funds
Business Wire - Mon Jul 15, 8:25AM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the reorganization of the Nuveen Municipal High Income Opportunity Fund (NYSE MKT: NMZ) and Nuveen Municipal High Income Opportunity Fund 2 (NYSE: NMD) was completed prior to the opening of the New York Stock Exchange on July 15, 2013. As part of a previously announced reorganization, the funds have been merged as outlined in the table below.
Two Nuveen Municipal Closed-End Funds Declare Pre-Merger Distributions
Business Wire - Mon Jul 01, 5:37PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced common share distributions for two municipal closed-end funds. The shareholders of these funds, the Nuveen Municipal High Income Opportunity Fund (NYSE MKT: NMZ) and Nuveen Municipal High Income Opportunity Fund 2 (NYSE: NMD), have each approved the reorganization of their fund into a single, larger fund. The reorganization is expected to take place after the close of business on Friday, July 12, 2013, effective Monday July 15, 2013, with NMZ acquiring substantially all of the assets of NMD. The goal of this reorganization is to create a single, larger municipal bond fund, with lower operating expenses and increased share trading volume.
Nuveen Closed-End Funds Declare Monthly Distributions
Business Wire - Mon Jun 03, 4:07PM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 85 Nuveen closed-end funds declared regular monthly distributions. These funds represent a broad range of tax-exempt, taxable fixed and floating rate income investment strategies for investors seeking to build sophisticated and diversified long-term investment portfolios for cash flow. The funds' monthly distributions are listed below.
Two Nuveen closed-end funds price private placement of preferred securities
M2 - Mon Dec 24, 5:05AM CST
Provider of investment services, Nuveen Investments stated on Friday that two national municipal closed-end funds Nuveen Municipal High Income Opportunity Fund (NYSE:NMZ) and Nuveen Municipal High Income Opportunity Fund 2 (NYSE:NMD) priced and placed private offerings of USD51.0m and USD36.0m, respectively, on new Variable Rate MuniFund Term Preferred Shares (VMTP), with a term redemption date of 1 January 2016.
Two Nuveen Closed-End Funds Complete Issuance of Preferred Securities
Business Wire - Fri Dec 21, 4:43PM CST
Nuveen Investments, a leading global provider of investment services to institutions, as well as individual investors, today announced two national municipal closed-end funds have successfully priced and placed private offerings of new Variable Rate MuniFund Term Preferred Shares (VMTP) with a term redemption date of January 1, 2016. The proceeds from the issuance will in part be used to retire the funds' bank borrowing lines of credit. The funds and their corresponding amounts of VMTP shares are as follows:
