CHICAGO--(BUSINESS WIRE)--Nuveen Municipal 2021 Target Term Fund (NYSE: NHA) today announced that the Fund has redeemed all of its outstanding $28,300,000 of Variable Rate MuniFund Term Preferred (VMTP) shares, Series 2019. The VMTP redemption price is the $100,000 liquidation preference per share, plus an additional amount representing the final accumulated distribution amounts owed. The Fund financed the VMTP share redemption with the proceeds of the sale of securities in its investment portfolio.
The address of the redemption and paying agent, Computershare Inc., is 250 Royall Street, Canton, Massachusetts 02021.
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $970 billion in assets under management as of 12/31/17 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.
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Nuveen Securities, LLC, member FINRA and SIPC.
FORWARD LOOKING STATEMENTS
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- 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.