Latest Nuveen Michigan Quality (NUM) Headlines
Post# of 2
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.
4 Stocks Going Ex-Dividend Monday: NUM, CRF, NMO, JPS
at The Street - Fri Jan 10, 9:00AM CST
NUM CRF NMO JPS are going ex-dividend Monday, Monday, Jan. 13, 2014, 5:00 AM ET
Four Nuveen Municipal Bond Closed-End Funds Complete VMTP Transactions
Business Wire - Tue Dec 10, 3:00PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that three funds have issued Variable Rate MuniFund Term Preferred Shares (VMTP) through private placements with qualified institutional buyers, as defined pursuant to Rule 144A under the Securities Act of 1933. The fourth fund entered into a privately negotiated exchange transaction of an existing VMTP series along with the issuance of incremental shares with a qualified institutional buyer as defined pursuant to Rule 144A under the Securities Act of 1933. The proceeds of the issuance for all four funds will be used to redeem all of the outstanding MuniFund Term Preferred (MTP) and non-exchanged VMTP shares as previously announced.
Nuveen Funds Board Approves Leverage Refinancing Plan for Five CEFS
Business Wire - Wed Nov 20, 3:33PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the Board of Trustees of five Nuveen municipal bond closed-end funds has approved the funds' plans to refinance all of their respective MuniFund Term Preferred (MTP) shares and Variable Rate MuniFund Term Preferred (VMTP) shares. Each fund has filed with the Securities and Exchange Commission a notice of intention to redeem all of its outstanding MTP shares and (in the case of one fund) all but one series of VMTP shares, which will be refinanced through a privately negotiated exchange transaction.
Several Nuveen Closed-End Funds Declare Capital Gains
Business Wire - Fri Nov 08, 3:46PM CST
Nuveen Investments, a leading global provider of investment services to institutions, as well as individual investors, today announced that 16 closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date outlined below.
Newly Merged Nuveen Closed-End Fund Declares Post-Merger Muni-Term Preferred Distribution
Business Wire - Mon Jan 07, 4:45PM CST
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the Nuveen Michigan Quality Income Fund Muni-Term Preferred (NUM PrC) has declared a post-merger distribution. Muni-Term Preferred (MTP) shares of acquired funds were replaced by newly issued shares of MTP from the acquiring fund with substantially similar terms. The initial distribution for these new MTP shares is prorated for the period January 7, 2013 through January 31, 2013. This distribution follows the recently announced merger for each fund, which was successfully completed before the market open on January 7, 2013, which can be viewed by clicking here.
Nuveen Announces Closing Date for Merger of Michigan Closed-End Funds
Business Wire - Mon Jan 07, 8:00AM 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 Michigan closed-end funds was completed prior to the opening of the New York Stock Exchange on January 7, 2013. As part of a previously announced reorganization, the funds have been merged as follows: