Nuveen Announces Closed-End Fund Merger Update
09 Mai 2014 - 10:45PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced that the annual shareholder meetings of the Nuveen New
York Dividend Advantage Municipal Fund (NYSE: NAN), Nuveen
New York Performance Plus Municipal Fund, Inc. (NYSE: NNP)
and Nuveen New York Dividend Advantage Municipal Fund 2 (NYSE MKT:
NXK) had concluded without passing of the proposal to merge
the funds. While participating shareholders voted overwhelmingly in
favor of the proposal, the overall level of shareholder
participation was not high enough for the proposal to pass.
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 subsidiaries of Nuveen
Investments, Inc. Funds distributed by Nuveen Securities, LLC., a
subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments
managed approximately $221 billion as of December 31, 2013. For
more information, please visit the Nuveen Investments website at
www.nuveen.com.
Nuveen InvestmentsMedia Contact:Kathleen Cardoza(312)
917-7813kathleen.cardoza@nuveen.com
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