Two Nuveen Closed-End Funds Announce Additional Investment Policies

NEW YORK--()--The Board of Trustees for both the Nuveen Credit Strategies Income Fund (JQC) and the Nuveen Short Duration Credit Opportunities Fund (JSD) has approved an additional investment policy for each fund as detailed below which will become effective today, April 12, 2018. The new policy can be changed only upon the provision of at least 60 days’ prior written notice to common shareholders.

JQC

Under normal circumstances, the fund will invest at least 80% of “Assets,” at time of purchase, in loans or securities in the issuing company’s capital structure that are senior to its common equity, including but not limited to debt securities, preferred securities.

This new policy is separate from and in addition to the fund’s existing policy that it will invest at least 70% of Managed Assets in adjustable rate senior loans and second lien loans.

JSD

Under normal circumstances, the Fund will invest at least 80% of “Assets,” at time of purchase, in loans or securities in the issuing company’s capital structure that are senior to its common equity, including but not limited to debt securities, preferred securities.

This new policy is separate from and in addition to the fund’s existing policy that it will invest at least 70% of its Managed Assets in adjustable rate corporate debt instruments, including senior secured loans, second lien loans and other adjustable rate corporate debt instruments.

“Assets” in each case means net assets of the fund plus the amount of any borrowings for investment purposes. “Managed Assets” in each case means the total assets of the Fund, minus the sum of its accrued liabilities (other than Fund liabilities incurred for the express purpose of creating leverage). Total assets for this purpose shall include assets attributable to the Fund’s use of leverage and derivatives will be valued at their market value.

About Nuveen

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. The information contained on the Nuveen website is not a part of this press release.

Nuveen Securities, LLC, member FINRA and SIPC

468637-O-INV-04/20

Contacts

Nuveen
Kristyna Munoz, 254-644-1615
kristyna.munoz@nuveen.com

Contacts

Nuveen
Kristyna Munoz, 254-644-1615
kristyna.munoz@nuveen.com