Nuveen Closed-End Fund Reorganizations Complete
b'The reorganization of Nuveen Maryland Quality Municipal Income Fund (NYSE: NMY) into Nuveen Quality Municipal Income Fund (NYSE: NAD) and the reorganization of Nuveen New York Municipal Value Fund 2 (NYSE: NYV) into Nuveen New York Municipal Value Fund (NYSE: NNY) were completed prior to the open of the New York Stock Exchange on April 12, 2021.\nIn the reorganization, NAD acquired substantially all of the assets and liabilities of NMY in a tax-free transaction in exchange for newly-issued common shares in an aggregate amount equal in value to the net assets transferred.
- b'The reorganization of Nuveen Maryland Quality Municipal Income Fund (NYSE: NMY) into Nuveen Quality Municipal Income Fund (NYSE: NAD) and the reorganization of Nuveen New York Municipal Value Fund 2 (NYSE: NYV) into Nuveen New York Municipal Value Fund (NYSE: NNY) were completed prior to the open of the New York Stock Exchange on April 12, 2021.\nIn the reorganization, NAD acquired substantially all of the assets and liabilities of NMY in a tax-free transaction in exchange for newly-issued common shares in an aggregate amount equal in value to the net assets transferred.
- In the reorganization, NNY acquired substantially all of the assets and liabilities of NYV in a tax-free transaction in exchange for newly-issued common shares in an aggregate amount equal in value to the net assets transferred.
- NNY also completed a change of domicile reorganization from a Minnesota corporation to a Massachusetts business trust.
- The exchange was based upon the values of the funds\xe2\x80\x99 net assets as of the close of trading on April 9, 2021.