Nuveen Closed-End Fund Announces Tender Offer Measurement Period
2015年6月30日 - 10:00PM
ビジネスワイヤ(英語)
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced a tender offer measurement period for Diversified Real
Asset Income Fund (NYSE: DRA).
As previously announced in connection with the fund’s launch in
September 2014, the fund will conduct a tender offer for up to 10
percent of its outstanding common shares of beneficial interest at
a price equal to 99 percent of net asset value (NAV) if the fund's
shares trade at an average daily discount to NAV of more than 10
percent during the measurement period. The fund’s Board of Trustees
has authorized the measurement period to commence on July 10, 2015
and end on October 7, 2015. If the fund’s shares trade at an
average daily discount to NAV of more than 10 percent during the
measurement period, the fund will conduct a tender offer during the
fourth quarter of 2015.
Nuveen Investments provides high-quality investment services
designed to help secure the long-term goals of institutional and
individual investors as well as the consultants and financial
advisors who serve them. Nuveen Investments markets a wide range of
specialized investment solutions which provide investors access to
capabilities of its high-quality boutique investment
affiliates—Nuveen Asset Management, LLC, Symphony Asset Management
LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset
Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital
Management, LLC and Gresham Investment Management LLC, all of which
are registered investment advisers and independent investment
subsidiaries of Nuveen Investments, Inc. Funds distributed by
Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc.
Nuveen Investments operates as a separate subsidiary within
TIAA-CREF, which is a leading provider of retirement and financial
services in the academic, research, medical and cultural fields. In
total, Nuveen Investments managed approximately $233 billion as of
March 31, 2015. For more information, please visit the Nuveen
Investments website at www.nuveen.com.
8718-INV-O-06/16
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version on businesswire.com: http://www.businesswire.com/news/home/20150630005266/en/
Nuveen InvestmentsMedia Contact:Kristyna Munoz(312)
917-8343KRISTYNA.MUNOZ@NUVEEN.COM
Diversified Real Asset Income Fund of Beneficial Interest (delisted) (NYSE:DRA)
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