Nuveen Announces Updates to Closed-End Fund Portfolio Management Teams
23 Mayo 2019 - 7:30AM
Business Wire
Portfolio manager responsibilities for six closed-end funds for
which Symphony Asset Management serves as subadvisor have been
updated. There will be no impact on the investment approach,
investment strategies or any of the funds’ investment objectives or
policies.
Information on the portfolio management transition is outlined
in the two tables below.
Portfolio
Current Portfolio Management Team Ticker
Fund Name Management Team
Effective 5/23/2019 JQC Nuveen Credit
Strategies Income Fund Sutanto Widjaja Sutanto Widjaja Scott
Caraher
Jenny Rhee NSL Nuveen Senior Income Fund Scott Caraher Scott
Caraher
Jenny Rhee JRO
Nuveen Floating Rate Income Opportunity
Fund
Scott Caraher Scott Caraher
Jenny Rhee JFR Nuveen Floating
Rate Income Fund Scott Caraher Scott Caraher
Jenny Rhee
The portfolio management updates listed below are applicable to
the sleeve of the funds managed by Symphony Asset Management, an
affiliate of Nuveen.
Portfolio
Current Portfolio Management Team Ticker
Fund Name Management Team
Effective 5/23/2019 JTA Nuveen Tax-Advantaged
Total Return Strategy Fund Scott Caraher Scott Caraher
Jenny Rhee
JDD Nuveen Diversified Dividend & Income Fund
Scott Caraher Scott Caraher
Jenny Rhee
Mr. Caraher is a Co-Head of Investments, a member of the Risk
Committee and responsible for Symphony’s retail and institutional
bank loan-focused portfolios, including credit trading related to
bank loans. Mr. Caraher has served more than 15 years at Symphony.
Prior to joining the firm in 2002, he was an Investment Banking
Analyst in the industrial group at Deutsche Banc Alex Brown in New
York. Mr. Caraher received a BS in finance from Georgetown
University.
Ms. Rhee is a Co-Head of Investments, a member of the Risk
Committee and responsible for all of Symphony’s high-yield
strategies, including the Long-Short Credit Strategy, the long-only
Credit Opportunities Strategy and credit trading related to high
yield. She has served more than 15 years at Symphony. Prior to
joining the firm in 2001, she was a member of the equity research
team at Epoch Partners, and she began her career as an Investment
Banking Analyst at Credit Suisse First Boston. Ms. Rhee received a
BS in business administration from the University of California,
Berkeley.
For more general closed-end fund information and education,
please visit Nuveen’s closed-end fund website.
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 $989 billion in assets under management as of
3/31/19 and operations in 16 countries. Its affiliates 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.
Symphony Asset Management LLC is a registered investment adviser
and an affiliate of Nuveen, LLC.
The information contained on the Nuveen website is not a part of
this press release.
855087-INV-AN-05/21
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version on businesswire.com: https://www.businesswire.com/news/home/20190523005362/en/
Kristyna Munoz312-917-8343Kristyna.Munoz@nuveen.com
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