CHICAGO--(BUSINESS WIRE)--Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the closing date for the merger of three Nuveen New York municipal closed-end funds. The reorganization is expected to take place after the close of business on June 5, 2015, effective June 8, 2015. As previously announced, the shareholders of these funds have approved a merger intended to create a larger fund with lower operating expenses and increased trading volume for common shares. The funds recently announced distributions which can be viewed by clicking here.
The funds will be merged as follows:
| Acquired Fund | Symbol | Acquiring Fund | Symbol | ||||||
|
Nuveen New York Performance |
NNP | ||||||||
|
Plus Municipal Fund, Inc. |
|
||||||||
| Nuveen New York Dividend |
NAN |
||||||||
| Advantage Municipal Fund | |||||||||
|
Nuveen New York Dividend |
NXK | ||||||||
|
Advantage Municipal Fund 2 |
|||||||||
For more information on Nuveen closed-end funds, please visit www.nuveen.com/cef.
Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and independent investment subsidiaries of Nuveen Investments, Inc. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen Investments operates as a separate subsidiary within TIAA-CREF, which is a leading provider of retirement and financial services in the academic, research, medical and cultural fields. In total, Nuveen Investments managed approximately $233 billion as of March 31, 2015. For more information, please visit the Nuveen Investments website at www.nuveen.com.
FORWARD LOOKING STATEMENTS
Certain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:
- market developments;
- legal and regulatory developments; and
- other additional risks and uncertainties.
Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statements.
8301-INV-O-05/16
