First American Minnesota Muni II (MXN) 14.54 $MXN
Nuveen Announces Updates to Closed-End Fund Product Line
Business Wire - Mon Oct 06, 8:25AM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the addition of several closed-end funds to the Nuveen platform. Minnesota Municipal Income Portfolio Inc. (NYSE: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE: MXN) have merged into a newly organized closed-end fund, now known as the Nuveen Minnesota Municipal Income Fund (NYSE: NMS), managed by Nuveen Fund Advisors, LLC and sub-advised by Nuveen Asset Management, LLC. The Nuveen Minnesota Municipal Income Fund will have an initial net asset value (NAV) equal to that of MXA. A summary regarding the NAV and the exchange ratios at which common shares of each fund were exchanged for common shares of NMS can be found in the tables below:
MXN: 14.54 (+0.10), NQM: 14.83 (unch), NMS: 14.37 (-0.20), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management declares distributions for two Minnesota Municipal Income funds
M2 - Wed Sep 24, 6:40AM CDT
U.S. Bancorp Asset Management Inc, that serves as an investment advisor to Minnesota Municipal Income Portfolio Inc (NYSE MKT:MXA) and First American Minnesota Municipal Income Fund II Inc (NYSE MKT:MXN) (together, the funds), on Wednesday announced distributions of USD0.1110 and USD0.0861 per share, respectively.
USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38)
U.S. Bancorp Asset Management, Inc. Announces Financial Positions for Closed-End Funds
Business Wire - Tue Sep 23, 5:38PM CDT
U.S. Bancorp Asset Management, Inc. (NYSE:USB) today announced the financial positions for the following closed-end funds for the month ended August 31, 2014.
USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management, Inc. Announces Distributions for Minnesota Municipal Income Portfolio Inc. and First American Minnesota Municipal Income Fund II, Inc.
Business Wire - Tue Sep 23, 5:35PM CDT
U.S. Bancorp Asset Management, Inc. (NYSE:USB) today announced distributions for Minnesota Municipal Income Portfolio Inc. (NYSE MKT: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE MKT: MXN) (each a "Fund" and, collectively, the "Funds"
.
USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38)
Minnesota Municipal Income Portfolio Inc. and First American Minnesota Municipal Income Fund II, Inc. Announce Results of Special Shareholder Meetings
Business Wire - Mon Sep 15, 3:15PM CDT
Minnesota Municipal Income Portfolio Inc. (NYSE MKT: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE MKT: MXN) announced that, at the reconvened Special Meetings of Shareholders held today, shareholders of each Fund approved proposals to merge the Funds with and into a newly organized closed-end fund, Nuveen Minnesota Municipal Income Fund (the "Combined Fund" , which will be managed by Nuveen Fund Advisors, LLC and subadvised by Nuveen Asset Management, LLC, both current sub-advisors of the Funds. Shareholders also approved certain sub-advisory agreements for the Funds in connection with the previously announced acquisition of Nuveen Investments, Inc. by TIAA-CREF. The mergers approved by the Funds' shareholders are expected to become effective on October 6, 2014, subject to the satisfaction of customary closing conditions.
USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38)
US Bancorp Asset Management declares distributions for two closed-end funds for September 2014
M2 - Mon Aug 25, 6:14AM CDT
The closed-end funds, American Income Fund (NYSE:MRF), American Municipal Income Portfolio (NYSE:XAA), Minnesota Municipal Income Portfolio (NYSE MKT:MXA) and Minnesota Municipal Income Fund II (NYSE MKT:MXN), all advised by US Bancorp Asset Management Inc (NYSE:USB), a financial services holding company, released on Friday their September common stock distributions.
MRF: 7.60 (-0.02), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management, Inc. Announces September Distributions for Closed-End Funds
Business Wire - Fri Aug 22, 11:15AM CDT
The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their September distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of September 2, 2014 and will be paid on September 17, 2014 to shareholders of record on September 4, 2014.
MRF: 7.60 (-0.02), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
Minnesota Municipal Income Portfolio Inc. and First American Minnesota Municipal Income Fund II, Inc. Announce Results of Fund Annual Shareholder Meetings and Adjournment of Fund Special Shareholder Meetings
Business Wire - Fri Aug 15, 3:30PM CDT
Minnesota Municipal Income Portfolio Inc. (NYSE MKT: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE MKT: MXN) (each a "Fund" and, collectively, the "Funds" announced that, at each Fund's Annual Meeting of Shareholders held today, shareholders elected the Funds' current Directors.
USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38)
U.S. Bancorp Asset Management, Inc. Announces August Distributions for Closed-End Funds
Business Wire - Fri Jul 18, 11:30AM CDT
The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their August distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of August 1, 2014 and will be paid on August 20, 2014 to shareholders of record on August 5, 2014.
MRF: 7.60 (-0.02), CSP: 7.40 (+0.03), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), ASP: 10.34 (+0.06), BSP: 8.91 (+0.06), MXA: 15.83 (+0.38), SLA: 10.66 (+0.10), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management, Inc. Announces July Distributions for Closed-End Funds
Business Wire - Fri Jun 20, 11:20AM CDT
The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their July distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of July 1, 2014 and will be paid on July 16, 2014 to shareholders of record on July 3, 2014.
MRF: 7.60 (-0.02), CSP: 7.40 (+0.03), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), ASP: 10.34 (+0.06), BSP: 8.91 (+0.06), MXA: 15.83 (+0.38), SLA: 10.66 (+0.10), XAA: 14.44 (-0.16)
American Municipal Income Portfolio Inc., Minnesota Municipal Income Portfolio Inc. and First American Minnesota Municipal Income Fund II, Inc. Complete Preferred Share Issuance
Business Wire - Tue Apr 01, 4:30PM CDT
American Municipal Income Portfolio Inc. (NYSE: XAA), Minnesota Municipal Income Portfolio Inc. (NYSE MKT: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE MKT: MXN) (each a "Fund" and, collectively, the "Funds" today announced that each Fund has 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 proceeds of the preferred share issuances for each Fund will be used to redeem all of each Fund's outstanding respective auction rate or remarketed preferred stock, as applicable ("ARPs" as previously announced.
MXN: 14.54 (+0.10), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
Board of Directors for American Municipal Income Portfolio Inc., Minnesota Municipal Income Portfolio Inc. and First American Minnesota Municipal Income Fund II, Inc. Approves Leverage Refinancing Plan and Intent to Redeem Preferred Shares
Business Wire - Thu Mar 27, 7:00AM CDT
American Municipal Income Portfolio Inc. (NYSE: XAA), Minnesota Municipal Income Portfolio Inc. (NYSE: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE: MXN) (each a "Fund" and, collectively, the "Funds" today each announced that its Board of Directors has approved a refinancing plan to redeem all of the outstanding respective auction rate or remarketed preferred stock, as applicable ("ARPs" . Each Fund's ARPs would be redeemed at their $25,000 liquidation value per share plus an additional amount representing any accrued and unpaid dividend amounts on the date of redemption. The Funds intend to issue a new series of preferred stock, Variable Rate MuniFund Term Preferred Shares (VMTP) and it is expected that the redemptions will be funded by the proceeds of the VMTP issuance. The issuance of the VMTP is subject to completion of all aspects of their placement, which may not occur as planned.
MXN: 14.54 (+0.10), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management, Inc. Announces April Distributions for Closed-End Funds
Business Wire - Fri Mar 21, 11:10AM CDT
The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their April distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of April 1, 2014 and will be paid on April 16, 2014 to shareholders of record on April 3, 2014.
MRF: 7.60 (-0.02), CSP: 7.40 (+0.03), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), ASP: 10.34 (+0.06), BSP: 8.91 (+0.06), MXA: 15.83 (+0.38), SLA: 10.66 (+0.10), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management, Inc. Announces March Distributions for Closed-End Funds
Business Wire - Fri Feb 21, 11:15AM CST
The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their March distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of March 3, 2014 and will be paid on March 19, 2014 to shareholders of record on March 5, 2014.
MRF: 7.60 (-0.02), DXCM: 44.08 (+1.24), CSP: 7.40 (+0.03), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), ASP: 10.34 (+0.06), BSP: 8.91 (+0.06), MXA: 15.83 (+0.38), SLA: 10.66 (+0.10), XAA: 14.44 (-0.16)
Nuveen Announces Updates to Closed-End Fund Product Line
Business Wire - Mon Oct 06, 8:25AM CDT
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the addition of several closed-end funds to the Nuveen platform. Minnesota Municipal Income Portfolio Inc. (NYSE: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE: MXN) have merged into a newly organized closed-end fund, now known as the Nuveen Minnesota Municipal Income Fund (NYSE: NMS), managed by Nuveen Fund Advisors, LLC and sub-advised by Nuveen Asset Management, LLC. The Nuveen Minnesota Municipal Income Fund will have an initial net asset value (NAV) equal to that of MXA. A summary regarding the NAV and the exchange ratios at which common shares of each fund were exchanged for common shares of NMS can be found in the tables below:
MXN: 14.54 (+0.10), NQM: 14.83 (unch), NMS: 14.37 (-0.20), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management declares distributions for two Minnesota Municipal Income funds
M2 - Wed Sep 24, 6:40AM CDT
U.S. Bancorp Asset Management Inc, that serves as an investment advisor to Minnesota Municipal Income Portfolio Inc (NYSE MKT:MXA) and First American Minnesota Municipal Income Fund II Inc (NYSE MKT:MXN) (together, the funds), on Wednesday announced distributions of USD0.1110 and USD0.0861 per share, respectively.
USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38)
U.S. Bancorp Asset Management, Inc. Announces Financial Positions for Closed-End Funds
Business Wire - Tue Sep 23, 5:38PM CDT
U.S. Bancorp Asset Management, Inc. (NYSE:USB) today announced the financial positions for the following closed-end funds for the month ended August 31, 2014.
USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management, Inc. Announces Distributions for Minnesota Municipal Income Portfolio Inc. and First American Minnesota Municipal Income Fund II, Inc.
Business Wire - Tue Sep 23, 5:35PM CDT
U.S. Bancorp Asset Management, Inc. (NYSE:USB) today announced distributions for Minnesota Municipal Income Portfolio Inc. (NYSE MKT: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE MKT: MXN) (each a "Fund" and, collectively, the "Funds"
. USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38)
Minnesota Municipal Income Portfolio Inc. and First American Minnesota Municipal Income Fund II, Inc. Announce Results of Special Shareholder Meetings
Business Wire - Mon Sep 15, 3:15PM CDT
Minnesota Municipal Income Portfolio Inc. (NYSE MKT: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE MKT: MXN) announced that, at the reconvened Special Meetings of Shareholders held today, shareholders of each Fund approved proposals to merge the Funds with and into a newly organized closed-end fund, Nuveen Minnesota Municipal Income Fund (the "Combined Fund"
, which will be managed by Nuveen Fund Advisors, LLC and subadvised by Nuveen Asset Management, LLC, both current sub-advisors of the Funds. Shareholders also approved certain sub-advisory agreements for the Funds in connection with the previously announced acquisition of Nuveen Investments, Inc. by TIAA-CREF. The mergers approved by the Funds' shareholders are expected to become effective on October 6, 2014, subject to the satisfaction of customary closing conditions. USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38)
US Bancorp Asset Management declares distributions for two closed-end funds for September 2014
M2 - Mon Aug 25, 6:14AM CDT
The closed-end funds, American Income Fund (NYSE:MRF), American Municipal Income Portfolio (NYSE:XAA), Minnesota Municipal Income Portfolio (NYSE MKT:MXA) and Minnesota Municipal Income Fund II (NYSE MKT:MXN), all advised by US Bancorp Asset Management Inc (NYSE:USB), a financial services holding company, released on Friday their September common stock distributions.
MRF: 7.60 (-0.02), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management, Inc. Announces September Distributions for Closed-End Funds
Business Wire - Fri Aug 22, 11:15AM CDT
The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their September distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of September 2, 2014 and will be paid on September 17, 2014 to shareholders of record on September 4, 2014.
MRF: 7.60 (-0.02), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
Minnesota Municipal Income Portfolio Inc. and First American Minnesota Municipal Income Fund II, Inc. Announce Results of Fund Annual Shareholder Meetings and Adjournment of Fund Special Shareholder Meetings
Business Wire - Fri Aug 15, 3:30PM CDT
Minnesota Municipal Income Portfolio Inc. (NYSE MKT: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE MKT: MXN) (each a "Fund" and, collectively, the "Funds"
announced that, at each Fund's Annual Meeting of Shareholders held today, shareholders elected the Funds' current Directors. USB: 40.41 (+0.52), MXN: 14.54 (+0.10), MXA: 15.83 (+0.38)
U.S. Bancorp Asset Management, Inc. Announces August Distributions for Closed-End Funds
Business Wire - Fri Jul 18, 11:30AM CDT
The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their August distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of August 1, 2014 and will be paid on August 20, 2014 to shareholders of record on August 5, 2014.
MRF: 7.60 (-0.02), CSP: 7.40 (+0.03), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), ASP: 10.34 (+0.06), BSP: 8.91 (+0.06), MXA: 15.83 (+0.38), SLA: 10.66 (+0.10), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management, Inc. Announces July Distributions for Closed-End Funds
Business Wire - Fri Jun 20, 11:20AM CDT
The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their July distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of July 1, 2014 and will be paid on July 16, 2014 to shareholders of record on July 3, 2014.
MRF: 7.60 (-0.02), CSP: 7.40 (+0.03), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), ASP: 10.34 (+0.06), BSP: 8.91 (+0.06), MXA: 15.83 (+0.38), SLA: 10.66 (+0.10), XAA: 14.44 (-0.16)
American Municipal Income Portfolio Inc., Minnesota Municipal Income Portfolio Inc. and First American Minnesota Municipal Income Fund II, Inc. Complete Preferred Share Issuance
Business Wire - Tue Apr 01, 4:30PM CDT
American Municipal Income Portfolio Inc. (NYSE: XAA), Minnesota Municipal Income Portfolio Inc. (NYSE MKT: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE MKT: MXN) (each a "Fund" and, collectively, the "Funds"
today announced that each Fund has 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 proceeds of the preferred share issuances for each Fund will be used to redeem all of each Fund's outstanding respective auction rate or remarketed preferred stock, as applicable ("ARPs" as previously announced. MXN: 14.54 (+0.10), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
Board of Directors for American Municipal Income Portfolio Inc., Minnesota Municipal Income Portfolio Inc. and First American Minnesota Municipal Income Fund II, Inc. Approves Leverage Refinancing Plan and Intent to Redeem Preferred Shares
Business Wire - Thu Mar 27, 7:00AM CDT
American Municipal Income Portfolio Inc. (NYSE: XAA), Minnesota Municipal Income Portfolio Inc. (NYSE: MXA) and First American Minnesota Municipal Income Fund II, Inc. (NYSE: MXN) (each a "Fund" and, collectively, the "Funds"
today each announced that its Board of Directors has approved a refinancing plan to redeem all of the outstanding respective auction rate or remarketed preferred stock, as applicable ("ARPs" . Each Fund's ARPs would be redeemed at their $25,000 liquidation value per share plus an additional amount representing any accrued and unpaid dividend amounts on the date of redemption. The Funds intend to issue a new series of preferred stock, Variable Rate MuniFund Term Preferred Shares (VMTP) and it is expected that the redemptions will be funded by the proceeds of the VMTP issuance. The issuance of the VMTP is subject to completion of all aspects of their placement, which may not occur as planned. MXN: 14.54 (+0.10), MXA: 15.83 (+0.38), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management, Inc. Announces April Distributions for Closed-End Funds
Business Wire - Fri Mar 21, 11:10AM CDT
The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their April distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of April 1, 2014 and will be paid on April 16, 2014 to shareholders of record on April 3, 2014.
MRF: 7.60 (-0.02), CSP: 7.40 (+0.03), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), ASP: 10.34 (+0.06), BSP: 8.91 (+0.06), MXA: 15.83 (+0.38), SLA: 10.66 (+0.10), XAA: 14.44 (-0.16)
U.S. Bancorp Asset Management, Inc. Announces March Distributions for Closed-End Funds
Business Wire - Fri Feb 21, 11:15AM CST
The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc. (NYSE:USB), today declared their March distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of March 3, 2014 and will be paid on March 19, 2014 to shareholders of record on March 5, 2014.
MRF: 7.60 (-0.02), DXCM: 44.08 (+1.24), CSP: 7.40 (+0.03), USB: 40.41 (+0.52), MXN: 14.54 (+0.10), ASP: 10.34 (+0.06), BSP: 8.91 (+0.06), MXA: 15.83 (+0.38), SLA: 10.66 (+0.10), XAA: 14.44 (-0.16)
