Nuveen MLP Closed-End Funds Eliminate Leverage


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Nuveen Energy MLP Total Return Fund (NYSE:JMF) and the Nuveen All Cap Energy MLP Opportunities Fund (NYSE:JMLP) announced certain changes to the Funds' strategies in response to recent market conditions, including the continued extreme volatility in the energy sector. JMF and JMLP have eliminated financial leverage. In addition, JMLP has removed a prohibition on purchasing the largest 10 constituents by market capitalization in the Alerian MLP Index.

For more information, please visit Nuveen's CEF homepage www.nuveen.com/closed-end-funds.

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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 $1.1 trillion in assets under management as of 31 December 2019 and operations in 24 countries. Its investment specialists 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.

Nuveen Securities, LLC, member FINRA and SIPC.

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

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27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: Press Releases