- NAM: Douglas Baker and Brenda Langenfeld;
- NWQ: Michael Carne and Kevin Hunter.
Ms. Langenfeld is a portfolio manager for NAM’s preferred security strategies. She joined the Preferred Securities Sector Team in January 2011. Ms. Langenfeld started working in the financial services industry in 2004 when she joined the firm. Previously, she was a member of the High Grade Credit Sector Team, responsible for trading corporate bonds. She was a member of the Securitized Debt Sector Team, trading mortgage-backed securities, asset-backed securities, and commercial mortgage-backed securities prior to that. A graduate of the University of Wisconsin–Madison, Ms. Langenfeld received a B.B.A. in finance and international business. She also holds the Chartered Financial Analyst designation from the CFA Institute.Mr. Carne is a Managing Director and Fixed Income Portfolio Manager at NWQ Investment Management. Prior to joining NWQ in 2002, Mr. Carne managed institutional, private client fixed income and balanced portfolios for over 15 years. During this time, he held assignments as Director of Global Fixed Income at ING Aeltus, as Chief Investment Officer of a Phoenix Home Life affiliate and was a Principal at Stanford Asset Management. Mr. Carne graduated from the University of Massachusetts with a B.B.A. degree in Finance and received his M.B.A. from Harvard University. He earned the designation of Chartered Financial Analyst in 1989. Mr. Hunter is a Managing Director and Portfolio Manager at NWQ Investment Management. Prior to joining NWQ in 2004, Mr. Hunter spent 20 years with Trust Company of the West where he was a Managing Director and co-managed their convertible securities group. In addition, early in his career, Mr. Hunter was an Equity Research Analyst covering the healthcare and consumer staples industries at TCW. Mr. Hunter graduated magna cum laude from the University of California in Santa Barbara with a B.A. in Economics, and received his M.B.A. from the University of California in Los Angeles. JPC’s investment objectives and fundamental investment policies are not changing as a result of the fund’s portfolio repositioning. However, in order to enable the fund to implement its new investment mandate, the fund’s Board of Trustees approved changes to certain non-fundamental investment policies. A list of these changes may be found by clicking here. Nuveen Investments provides high quality investment services designed to help secure the long-term goals of institutions 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, NWQ, Santa Barbara, Symphony, Tradewinds, Winslow Capital and Gresham Investment Management. In total, Nuveen Investments had more than $207 billion of assets under management as of October 31, 2011. For more information, please visit the Nuveen Investments website at www.nuveen.com.