Market Overview

Nuveen Announces Updates to Closed-End Fund Portfolio Management Teams

Share:

Portfolio manager responsibilities for five closed-end funds for which Nuveen Asset Management (NAM) serves as a sub-advisor have been updated. Effective immediately, Jody I. Hrazanek is no longer a portfolio manager of the funds. David A. Friar is retaining his responsibilities overseeing day-to-day management of affected mandates. There will not be an impact on the funds' strategies, investment objectives or policies.

Ticker

 

Fund Name

 

Prior NAM

Portfolio

Management Team

 

Current

NAM Portfolio

Management Team

DIAX

 

Nuveen Dow 30℠ Dynamic Overwrite Fund

 

David A. Friar

Jody I. Hrazanek

 

David A. Friar

QQQX

 

Nuveen Nasdaq 100 Dynamic Overwrite Fund

 

David A. Friar

Jody I. Hrazanek

 

David A. Friar

SPXX

 

Nuveen S&P 500 Dynamic Overwrite Fund

 

David A. Friar

Jody I. Hrazanek

 

David A. Friar

JCE*

 

Nuveen Core Equity Alpha Fund

 

David A. Friar

Jody I. Hrazanek

 

David A. Friar

JTD*

 

Nuveen Tax-Advantaged Dividend Growth Fund

 

David A. Friar

Jody I. Hrazanek

 

David A. Friar

*These funds have additional mandates managed by other sub-advisors. Only NAM's mandate for each fund is impacted by this announcement.

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

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.

EWB-1125694PR-E0320W

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com