Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the Board of Trustees of the Nuveen Municipal High Income Opportunity Fund (NYSE MKT: NMZ) and Nuveen Municipal High Income Opportunity Fund 2 (NYSE: NMD) approved a merger. The merger is subject to customary conditions, including shareholder approval at the funds’ regular shareholder meeting. The merger is intended to create a single, larger fund with lower operating expenses and increased trading volume on the exchange for its common shares.
More information on the proposed merger will be contained in the proxy materials expected to be filed in the coming weeks. The proposed fund merger is as follows:
|Acquired Fund||Symbol||Acquiring Fund||Symbol|
Nuveen Municipal High Income Opportunity Fund 2
Nuveen Municipal High Income Opportunity Fund
More information on these and other Nuveen closed-end funds is posted on Nuveen’s web site at www.nuveen.com/cef.
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, Symphony Asset Management, NWQ Investment Management Company, Santa Barbara Asset Management, Tradewinds Global Investors, Winslow Capital Management, and Gresham Investment Management. In total, Nuveen Investments managed approximately $220 billion as of September 30, 2012. For more information, please visit the Nuveen Investments website at www.nuveen.com.FORWARD LOOKING STATEMENTS
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