Nuveen is the #1 closed-end fund provider by AUM.* Closed-end funds may offer the potential for higher regular income than other types of investment products because of their distinct structure and ability to use leverage.
Past performance is no guarantee of future results. Current performance may be higher or lower than the data shown. Returns assume reinvestment of distributions, and NAV returns are net of fund expenses.
Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested.
For those states with a flat tax rate, the state rate is used in the combined tax rate calculation along with the federal rate (28%). For states with a graduated tax rate, a conservative mid-point is used.
The premium/discount is calculated as (most recent price/most recent NAV) -1.
Distribution rates represent the latest declared regular distribution, annualized, relative to the most recent daily market price and NAV. Special distributions, including special capital gains distributions, are not included in the calculation.
Historical distribution sources have included net investment income, realized gains, and return of capital.
Average daily volume refers to the measurement is in shares traded and is the average of the last month of trading volume.
Taxable equivalent rate refers to municipal closed end fund shares.
Average duration represents Effective Duration for Non-Leveraged funds and Leveraged-Adjusted Effective Duration for Leveraged Funds. For term definitions and index descriptions, please access the glossary in the footer.
* Income may be subject to state and local taxes, as well as the federal alternative minimum tax. Capital gains, if any, are subject to capital gains tax.
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