CHICAGO--(BUSINESS WIRE)--Shareholders of the Diversified Real Asset Income Fund (NYSE: DRA) have approved the fund’s reorganization with and into the Nuveen Real Asset Income and Growth Fund (NYSE: JRI).
As previously announced, the funds will be reorganized as follows:
|Acquired Fund||Symbol||Acquiring Fund||Symbol|
|Diversified Real Asset Income Fund||DRA||Nuveen Real Asset Income and Growth Fund||JRI|
Subject to the satisfaction of certain customary closing conditions, the reorganization is expected to become effective immediately before the open of business on September 11, 2017.
Nuveen offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. As the investment management arm of TIAA, Nuveen has $906 billion in assets under management as of 3/31/17 and operations in 16 countries. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.
Securities offered through Nuveen Securities, LLC, member FINRA and SIPC.
The information contained on the Nuveen website is not a part of this press release.
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 statement.