Latest Nuveen Build America Bond Opportunity Fund (NBD) Headlines
Nuveen Closed-End Funds Declare Monthly Distributions
Business Wire - Mon Mar 03, 5:11PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 84 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.
CORRECTING and REPLACING Nuveen Closed-End Funds Declare Monthly Distributions
Business Wire - Tue Feb 04, 4:20PM CST
In the release dated February 3, 2014, the distribution information for NVY PrC and NXM PrC has been removed and will be replaced in connection with a reorganization that will be effective prior to the open of business on February 10, 2014. The remaining distribution information remains unchanged.
Nuveen Build America Bond Closed-End Funds Enact 2020 Term Provisions
Business Wire - Fri Feb 01, 8:15AM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the contingent 10-year term provisions for the Nuveen Build America Bond Fund (NYSE:NBB) and the Nuveen Build America Bond Opportunity Fund (NYSE:NBD) went into effect as of December 31, 2012. In connection with its initial public offering, each fund adopted a fundamental policy to convert from a perpetual to a 10-year defined term if there were no new issuance of Build America Bonds or other similar U.S. Treasury-subsidized taxable municipal bonds for any continuous 24-month period ending on or prior to December 31, 2014. When the Build America Bond (BAB) program was not renewed at the end of 2010, the implementation of the contingent termination provisions was anticipated, as described in the funds' shareholder reports during 2011 and 2012.
Nuveen Closed-End Funds Declare Monthly Distributions
Business Wire - Mon Mar 03, 5:11PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 84 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.
CORRECTING and REPLACING Nuveen Closed-End Funds Declare Monthly Distributions
Business Wire - Tue Feb 04, 4:20PM CST
In the release dated February 3, 2014, the distribution information for NVY PrC and NXM PrC has been removed and will be replaced in connection with a reorganization that will be effective prior to the open of business on February 10, 2014. The remaining distribution information remains unchanged.
Nuveen Build America Bond Closed-End Funds Enact 2020 Term Provisions
Business Wire - Fri Feb 01, 8:15AM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the contingent 10-year term provisions for the Nuveen Build America Bond Fund (NYSE:NBB) and the Nuveen Build America Bond Opportunity Fund (NYSE:NBD) went into effect as of December 31, 2012. In connection with its initial public offering, each fund adopted a fundamental policy to convert from a perpetual to a 10-year defined term if there were no new issuance of Build America Bonds or other similar U.S. Treasury-subsidized taxable municipal bonds for any continuous 24-month period ending on or prior to December 31, 2014. When the Build America Bond (BAB) program was not renewed at the end of 2010, the implementation of the contingent termination provisions was anticipated, as described in the funds' shareholder reports during 2011 and 2012.
