Nuveen High Income 2020 Target Term Fund Establishes Equity Shelf Program
05 Agosto 2016 - 5:05PM
Business Wire
Nuveen, an operating division of TIAA Global Asset Management,
today announced the Nuveen High Income 2020 Target Term Fund (NYSE:
JHY) has filed an initial registration statement to establish an
equity shelf program. The program is designed to provide the fund’s
portfolio managers with additional flexibility in pursuing
attractive investment opportunities they believe may enhance
long-term shareholder returns. Under the equity shelf program, the
fund, subject to market conditions, may raise equity capital by
issuing additional common shares, from time to time in varying
amounts and offering methods, at a net price at or above the fund’s
net asset value per common share plus the per share amount of any
commission.
The fund has filed a registration statement with the Securities
and Exchange Commission relating to its proposed shelf offering.
The information contained in the fund’s preliminary prospectus
within the registration statement is not complete and may be
changed. New shares of the fund will not be sold until its
registration statement is effective. The preliminary prospectus is
not an offer to sell newly registered shares and is not soliciting
an offer to buy newly registered shares in any jurisdiction where
the offer or sale is not permitted.
Investors should consider the fund’s investment objectives,
risks, charges and expenses carefully before investing and may
obtain full fund information by visiting Nuveen’s web site at
www.nuveen.com/cef or by contacting Nuveen Investments at
1-800-257-8787.
Nuveen provides investment solutions designed to help secure the
long-term goals of individual investors and the advisors who serve
them. Through the investment expertise of leading asset managers
across traditional and alternative asset classes, Nuveen is
committed to delivering consultative guidance that aligns with
client needs. Funds are distributed by Nuveen Securities, LLC, a
subsidiary of Nuveen Investments, Inc. Nuveen is an operating
division of TIAA Global Asset Management. For more information,
please visit the Nuveen website at www.nuveen.com.
The information contained on the Nuveen website is not a part of
this press release.
18391-INV-O-08/17
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version on businesswire.com: http://www.businesswire.com/news/home/20160805005795/en/
NuveenMedia Contact:Kristyna Munoz, (312)
917-8343kristyna.munoz@nuveen.com
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