Nuveen

Nuveen Active ETF Provides Exposure to Global Economy's Transition to Net Zero Carbon

Retrieved on: 
Friday, June 24, 2022

NEW YORK, June 24, 2022 /PRNewswire/ -- Launching today, the Nuveen Global Net Zero Transition ETF (NASDAQ: NTZG) will express conviction in the ongoing transition of the global economy to "net zero"1 carbon emissions. In seeking to align with the goals of the Paris Climate Agreement on avoiding dangerous climate change, the underlying holdings of the fund are comprised of stocks in the following three categories:

Key Points: 
  • NEW YORK, June 24, 2022 /PRNewswire/ --Launching today,the Nuveen Global Net Zero Transition ETF (NASDAQ: NTZG) will express conviction in the ongoing transition of the global economy to "net zero"1 carbon emissions.
  • These forces represent a powerful tailwind for our strategy as more investors prudently realize the urgently needed transition to net zero will inevitably create market winners and losers,"said Jordan Farris, Head of ETF product, Nuveen.
  • Nuveen's net zero stewardship approach focuses on the portfolio's highest carbon emitters to move companies closer to meaningful reductions in their emissions.
  • Investors view the transition to net zero carbon as a critical investment criterion, as shown in Nuveen's market research.

Argo Group Appoints Thomas A. Bradley as CEO; Former CEO Kevin J. Rehnberg Departs

Retrieved on: 
Thursday, June 23, 2022

During his time at Argo, Kevin made tremendous progress in transforming the U.S. business, laying the groundwork for improvements in the International business and streamlining operations to drive efficiency, said Bradley.

Key Points: 
  • During his time at Argo, Kevin made tremendous progress in transforming the U.S. business, laying the groundwork for improvements in the International business and streamlining operations to drive efficiency, said Bradley.
  • We would like to sincerely thank Kevin for his service to Argo, congratulate him on a very accomplished career, and wish him the best in the future.
  • It is a privilege to serve as executive chairman and CEO working with a highly engaged board of directors and an outstanding group of employees across the company, said Bradley.
  • ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
    Argo Group International Holdings, Ltd. (NYSE: ARGO) is an underwriter of specialty insurance products in the property and casualty market.

TIFIN Announces Key Hires Across Distribution Partnerships and International Expansion To Drive Continued Growth

Retrieved on: 
Thursday, June 23, 2022

In a similar role, O'Shaughnessy will be tasked with driving TIFIN's revenue growth in international markets.

Key Points: 
  • In a similar role, O'Shaughnessy will be tasked with driving TIFIN's revenue growth in international markets.
  • "I am very excited about joining the TIFIN family and eager to replicate the success and growth seen in the US to other markets around the world."
  • TIFIN has also added another industry veteran to the leadership team to strengthen partnerships with investment managers to use insights to increase the efficiency of their distribution strategies.
  • "As a sales leader I have a passion for finding solutions for clients and forming collaborative partnerships that drive results."

Priya Abani Named to TIAA's Board of Trustees

Retrieved on: 
Wednesday, June 15, 2022

NEW YORK, June 15, 2022 /PRNewswire/ -- TIAA, a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions, appointed Priya Abani to its Board of Trustees.

Key Points: 
  • NEW YORK, June 15, 2022 /PRNewswire/ -- TIAA, a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions, appointed Priya Abani to its Board of Trustees.
  • - James R. Chambers, TIAA Board of Trustees Chair
    Abani was elected to the Board on Thursday, May 19.
  • "Priya's thoughtful leadership in business, technology, and consumer experience make her an excellent addition to the board," said James R. Chambers, Chairman of the TIAA Board of Trustees.
  • Most recently Priya was recognized in The Healthcare Technology Report's Top 50 Healthcare Technology CEOs of 2022.

Nuveen Municipal Closed-End Funds Announce Shareholder Proposals

Retrieved on: 
Tuesday, June 14, 2022

If a funds term is eliminated, the funds name will change to reflect the eliminationNIDs name will change to Nuveen Intermediate Duration Municipal Fund and NIQs name will change to Nuveen Intermediate Duration Quality Municipal Fund.

Key Points: 
  • If a funds term is eliminated, the funds name will change to reflect the eliminationNIDs name will change to Nuveen Intermediate Duration Municipal Fund and NIQs name will change to Nuveen Intermediate Duration Quality Municipal Fund.
  • More information on the proposals will be contained in proxy materials for the funds expected to be filed in the near future.
  • Nuveen is a leading sponsor of closed-end funds (CEFs) with $62 billion of assets under management across 58 CEFs as of 31 Mar 2022.
  • Nuveen and the closed-end funds sponsored by Nuveen undertake no responsibility to update publicly or revise any forward-looking statements.

Symphony Floating Rate Senior Loan Fund Completes Treasury Offering

Retrieved on: 
Thursday, June 9, 2022

TORONTO, June 09, 2022 (GLOBE NEWSWIRE) -- (TSX: SSF.UN) Symphony Floating Rate Senior Loan Fund (the “Fund”) is pleased to announce that it has completed the previously announced treasury offering of class A and class F units (the “Class A Units” and “Class F Units”, respectively) for aggregate gross proceeds of approximately $5.5 million.

Key Points: 
  • TORONTO, June 09, 2022 (GLOBE NEWSWIRE) -- (TSX: SSF.UN) Symphony Floating Rate Senior Loan Fund (the Fund) is pleased to announce that it has completed the previously announced treasury offering of class A and class F units (the Class A Units and Class F Units, respectively) for aggregate gross proceeds of approximately $5.5 million.
  • Accordingly, investors purchasing the Class F Units will upon closing of the offering become holders of Class A Units listed as SSF.UN on the TSX.
  • The Fund seeks to achieve its investment objectives by investing the property and assets of the Fund in an actively managed diversified portfolio consisting primarily of short duration senior secured floating rate corporate loans typically issued by non-investment grade companies (Senior Loans).
  • An investment fund must prepare disclosure documents that contain key information about the fund.

Symphony Floating Rate Senior Loan Fund Announces Overnight Offering

Retrieved on: 
Thursday, June 2, 2022

TORONTO, June 02, 2022 (GLOBE NEWSWIRE) -- (TSX: SSF.UN) Symphony Floating Rate Senior Loan Fund (the “Fund”) is pleased to announce an overnight treasury offering of class A and class F units (the “Class A Units” and “Class F Units”, respectively). Gross proceeds of the offering are expected to be approximately $5.5 million. The offering is expected to close on or about June 9, 2022 and is subject to certain closing conditions. The Fund has granted the Agents (as defined below) an over-allotment option, exercisable for 30 days following the closing date of the offering, to purchase up to an additional 15% of the aggregate number of Class A Units issued at the closing of the offering.

Key Points: 
  • TORONTO, June 02, 2022 (GLOBE NEWSWIRE) -- (TSX: SSF.UN) Symphony Floating Rate Senior Loan Fund (the Fund) is pleased to announce an overnight treasury offering of class A and class F units (the Class A Units and Class F Units, respectively).
  • The offering is expected to close on or about June 9, 2022 and is subject to certain closing conditions.
  • The Fund seeks to achieve its investment objectives by investing the property and assets of the Fund in an actively managed diversified portfolio consisting primarily of short duration senior secured floating rate corporate loans typically issued by non-investment grade companies (Senior Loans).
  • An investment fund must prepare disclosure documents that contain key information about the fund.

Nuveen Municipal Credit Income Fund Declares Post-Reorganization Distribution

Retrieved on: 
Monday, June 6, 2022

Nuveen has $1.2 trillion in assets under management as of 31 Mar 2022 and operations in 27 countries.

Key Points: 
  • Nuveen has $1.2 trillion in assets under management as of 31 Mar 2022 and operations in 27 countries.
  • The information contained on the Nuveen website is not a part of this press release.
  • Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statements.
  • The information contained on the Nuveen website is not a part of this press release.

Nuveen Credit Opportunities 2022 Target Term Fund Announces Termination and Liquidation

Retrieved on: 
Thursday, June 2, 2022

The Nuveen Credit Opportunities 2022 Target Term Fund (NYSE: JCO) completed its termination and liquidation following the close of business on June 1, 2022.

Key Points: 
  • The Nuveen Credit Opportunities 2022 Target Term Fund (NYSE: JCO) completed its termination and liquidation following the close of business on June 1, 2022.
  • The termination and liquidation was performed in accordance with the funds investment objectives and organizational documents, consistent with the funds previously announced liquidation plans.
  • The Nuveen Credit Opportunities 2022 Target Term Fund launched on March 28, 2017 as a short duration strategy that invested primarily in high yield corporate debt, with two investment objectives, to provide high current income and to return the original net asset value (Original NAV) of $9.85 per common share upon termination on or about June 1, 2022.
  • As anticipated, due to market conditions, JCO did not return the Original NAV at its termination.

Nuveen Emerging Markets Debt 2022 Target Term Fund Announces Wind-Up Period

Retrieved on: 
Thursday, June 2, 2022

Nuveen Emerging Markets Debt 2022 Target Term Fund (NYSE: JEMD) has entered the wind-up period in anticipation of its termination date.

Key Points: 
  • Nuveen Emerging Markets Debt 2022 Target Term Fund (NYSE: JEMD) has entered the wind-up period in anticipation of its termination date.
  • The fund is a target term fund that will cease its investment operations and liquidate its portfolio on or about December 1, 2022 and distribute the net proceeds to shareholders, unless the term is extended for a period of up to six months by a vote of the funds Board of Trustees.
  • Based on current market conditions, the fund does not anticipate returning the Original NAV at its termination.
  • Under normal circumstances, the fund invests at least 80% of its managed assets in emerging market debt securities.