Latest Nuveen Pennsylvania Investment (NQP) Headli
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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.
Nuveen Funds Board Approves Leverage Refinancing Plan for Three CEFs
Business Wire - Wed Feb 26, 5:02PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the Board of Trustees of three Nuveen municipal bond closed-end funds has approved a refinancing plan to redeem all of their respective MuniFund Term Preferred (MTP) shares. MTP shares will be redeemed at their $10.00 liquidation value per share plus an additional amount representing any dividend amounts owed. The redemption of MTP shares will be made with the proceeds of newly issued preferred shares, subject to completion of all aspects of their placement, which may not occur as planned.
Nuveen closed-end funds announce distributions of USD0.0482 per share post-merger
M2 - Tue Feb 11, 6:33AM CST
US-based provider of investment services, Nuveen Investments declared on Monday that the Nuveen Pennsylvania Investment Quality Municipal Fund (NYSE:NQP) released additional common stock distributions of USD0.0482 per share, following the recent merger completed before the market opened on 10 February 2014.
Newly Merged Nuveen Closed-End Funds Declare Post-Merger Distributions
Business Wire - Mon Feb 10, 3:30PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the Nuveen Pennsylvania Investment Quality Municipal Fund (NYSE: NQP) has declared additional, post-merger distributions. These distributions follow the recently announced merger, which was successfully completed before the market open on February 10, 2014.
Nuveen Announces Completion of Pennsylvania Closed-End Fund Merger
Business Wire - Mon Feb 10, 8:25AM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the reorganization of certain Nuveen Pennsylvania closed-end funds was completed prior to the opening of the New York Stock Exchange on February 10, 2014. As part of a previously announced reorganization, the funds have been merged as outlined in the table below.
Nuveen Pennsylvania closed-end funds announce distributions
M2 - Wed Feb 05, 6:42AM CST
US-based asset-management services provider Nuveen Investments declared on Tuesday distributions for the Muni-Term Preferred (MTP) shares of two Pennsylvania municipal closed-end funds, related to a reorganisation approved by the shareholders of Nuveen Pennsylvania Premium Income Municipal Fund 2 (NYSE:NPY), Nuveen Pennsylvania Dividend Advantage Municipal Fund (NYSE MKT:NXM), Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 (NYSE MKT:NVY) and Nuveen Pennsylvania Investment Quality Municipal Fund (NYSE:NQP).
Nuveen Pennsylvania Closed-End Funds Declare Distributions
Business Wire - Tue Feb 04, 3:08PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced distributions for the Muni-Term Preferred (MTP) shares of two Pennsylvania municipal closed-end funds related to a previously announced reorganization. The shareholders of Nuveen Pennsylvania Premium Income Municipal Fund 2 (NYSE: NPY), Nuveen Pennsylvania Dividend Advantage Municipal Fund (NYSE MKT: NXM), Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 (NYSE MKT: NVY) and Nuveen Pennsylvania Investment Quality Municipal Fund (NYSE: NQP), 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, February 7, 2014, effective Monday February 10, 2014, with NQP acquiring substantially all of the assets of NPY, NXM and NVY. The goal of this reorganization is to create a single, larger municipal bond fund, with lower operating expenses and increased share trading volume.
Four Nuveen Closed-End Funds Have Certain Long-Term Preferred Share Ratings Withdrawn
Business Wire - Mon Feb 03, 5:03PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that at the request of the fund's investment adviser, Standard & Poor's (S&P) withdrew its long-term ratings from all series of Variable Rate Demand Preferred (VRDP) and MuniTerm Preferred (MTP) shares issued by four Nuveen municipal bond closed-end funds. The S&P short-term ratings for the two VRDP series remain A-1+. Fitch and Moody's continue to provide both long-term and short-term ratings for each of the funds. The long-term and short-term Fitch ratings for each of the funds' preferred shares are AAA and F-1+ respectively. The long-term and short-term Moody's rating are Aa2 and P-1.
Four Nuveen Municipal closed-end funds announce pre-merger common share distributions
M2 - Tue Jan 28, 6:52AM CST
A provider of investment services, Nuveen Investments declared on Monday common share distributions for four Pennsylvania Municipal closed-end funds.
Four Nuveen Municipal Closed-End Funds Declare Pre-Merger Distributions
Business Wire - Mon Jan 27, 5:06PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced common share distributions for four Pennsylvania municipal closed-end funds. The shareholders of these funds, Nuveen Pennsylvania Premium Income Municipal Fund 2 (NYSE: NPY), Nuveen Pennsylvania Dividend Advantage Municipal Fund (NYSE MKT: NXM), Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 (NYSE MKT: NVY) and Nuveen Pennsylvania Investment Quality Municipal Fund (NYSE: NQP), 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, February 7, 2014, effective Monday, February 10, 2014, with NQP acquiring substantially all of the assets of NPY, NXM and NVY. The goal of this reorganization is to create a single, larger municipal bond fund, with lower operating expenses and increased share trading volume.
Nuveen Announces Update on Merger for Pennsylvania Closed-End Funds
Business Wire - Mon Dec 30, 3:00PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the merger of Nuveen's Pennsylvania state municipal bond closed-end funds will now close prior to the opening of the New York Stock Exchange on February 10, 2014. As previously announced the merger is intended to create a single Pennsylvania state fund with lower operating expenses and increased trading volume on the exchange for common shares.
Nuveen Announces Merger for Pennsylvania Closed-End Funds
Business Wire - Tue Dec 17, 3:00PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that shareholders of Nuveen's Pennsylvania state municipal bond closed-end funds approved a merger. The merger is intended to create a single Pennsylvania state fund with lower operating expenses and increased trading volume on the exchange for common shares.
Several Nuveen Closed-End Funds Declare Capital Gains
Business Wire - Mon Dec 02, 4:06PM CST
Nuveen Investments, a leading global provider of investment services to institutions, as well as individual investors, today announced that 48 closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date outlined below.