Nuveen MLP Closed-End Funds Eliminate Leverage
23 Março 2020 - 9:00AM
Business Wire
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.
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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