NEW
YORK, April 10, 2023 /PRNewswire/ -- Effective
immediately, portfolio manager responsibilities for Nuveen
Municipal High Income Opportunity Fund (NYSE: NMZ),
Nuveen Taxable Municipal Income Fund (NYSE: NBB), Nuveen
Municipal Credit Opportunities Fund (NYSE: NMCO), and Nuveen
Dynamic Municipal Opportunities Fund (NYSE: NDMO) have been
updated.
Daniel Close and
Stephen Candido have each been named portfolio managers of
NMZ.
Kristen DeJong has been named a
portfolio manager of NBB. Mr. Close will continue to serve as
a portfolio manager of NBB.
Messrs. Close and Candido have each been named portfolio
managers of NMCO. Steven
Hlavin will continue to serve as a portfolio manager of
NMCO.
Messrs. Close and Candido have each been named portfolio
managers of NDMO. Timothy Ryan
will continue to serve as a portfolio manager of NDMO.
John Miller will retire from
Nuveen on June 1, 2023. He will
continue to serve as a portfolio manager of each of the Funds until
that time.
There will be no impact on the investment approach, investment
strategy, or investment objectives or policies for any of the
Funds.
The following provides information about each new portfolio
manager's experience.
Daniel J. Close,
CFA, is Managing Director and Portfolio Manager at Nuveen Asset
Management, LLC ("NAM"). He began his career in the financial
services industry in 1998 and joined NAM in 2000. He served as a
member of the product management and development team and then as a
research analyst before assuming portfolio management
responsibilities in 2007.
Stephen J.
Candido, CFA, is Managing Director and Portfolio Manager at
NAM. He began his career in the financial services industry when he
joined NAM in 1996. He served as a research analyst specializing in
high yield sectors before assuming portfolio management
responsibilities in 2016.
Kristen M.
DeJong, CFA, is Managing Director and Portfolio Manager at
NAM. She began her career in the financial services industry
in 2005 and joined NAM in 2008. She served as a research associate
at Nuveen in the wealth management services area and then as a
senior research analysis for NAM's municipal fixed income team
before assuming portfolio management responsibilities in 2021.
Nuveen is a leading sponsor of closed-end funds (CEFs) with
$54 billion of assets under
management across 55 CEFs as of 31 Dec
2022. The funds offer exposure to a broad range of asset
classes and are designed for income-focused investors seeking
regular distributions. Nuveen has more than 35 years of experience
managing CEFs.
For more information, please visit Nuveen's CEF homepage
www.nuveen.com/closed-end-funds or contact:
Financial Professionals:
800-752-8700
Investors:
800-257-8787
Media:
media-inquiries@nuveen.com
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 Dec
2022 and operations in 27 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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SOURCE Nuveen