Latest news with #Nuveen
Yahoo
2 hours ago
- Business
- Yahoo
3 Top-Ranked Nuveen Mutual Funds Worth Adding to Your Portfolio
Nuveen Investments, headquartered in Chicago, was founded in 1898 by John Nuveen. The company aims to provide financial services to its clients using a multi-boutique structure. It provides these services through an independent team, comprising Nuveen Asset Management, Winslow Capital and Symphony. Nuveen is the number one farmland assets manager in the world and a leader in alternative investments. In its Multi-Asset Solutions, the company had $1.3 trillion of assets under management as of March 31, 2025. Nuveen offers a wide range of asset classes and products, ranging from equity and alternative funds to municipal and taxable fixed-income bond funds. Below, we share with you three top-ranked Nuveen mutual funds, viz.,Nuveen Large Cap Growth TILWX, Nuveen Core Equity TIIRX and Nuveen Multi Cap Value Fund NQVAX. Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Nuveen mutual funds. Nuveen Large Cap Growth fund invests most of its assets, along with borrowings, if any, in equity securities of large-cap growth companies, which are expected to benefit from prospective acquisitions, reorganizations, corporate restructurings or other special situations. TILWX advisors also invest a small portion of the fund's net assets in foreign issues. Nuveen Large Cap Growth fund has three-year annualized returns of 19.4%. As of the end of January 2025, TILWX held 54 issues, with 12.6% of its assets invested in Nuveen Core Equity fund invests most of its net assets preferably in large-cap equity securities of issues, which, according to the fund's investment advisors, have the potential for capital appreciation, dividend income, or both. TIIRX advisors prefer to invest in companies that are attractively valued and have the potential to appreciate faster than their peers and generate regular income in the form of dividends, stock buybacks or both. Nuveen Core Equity fund has three-year annualized returns of 15.4%. TIIRX has an expense ratio of 0.68%. Nuveen Multi Cap Value Fund invests most of its assets in equity securities of large, medium and small-capitalization domestic companies. NQVAX advisors may also invest a small portion of its net assets in foreign issues, including the emerging market countries. Nuveen Multi Cap Value Fund has three-year annualized returns of 11.2%. Jon E. Bosse has been the fund manager of NQVAX since November 1997. To view the Zacks Rank and the past performance of all Nuveen mutual funds, investors can click here to see the complete list of Nuveen mutual funds. Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >> View All Zacks #1 Ranked Mutual Funds Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (TIIRX): Fund Analysis Report Get Your Free (NQVAX): Fund Analysis Report Get Your Free (TILWX): Fund Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Nuveen Select Tax-Free Income Portfolios Announce Proposed Reorganizations and Shareholder Meeting Update
NEW YORK, June 17, 2025--(BUSINESS WIRE)--The Boards of Trustees of Nuveen California Select Tax-Free Income Portfolio (NYSE: NXC), Nuveen New York Select Tax-Free Income Portfolio (NYSE: NXN), and Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) have approved a proposal to reorganize the funds. The proposed reorganizations, if approved by shareholders, would combine NXC and NXN into NXP. The reorganizations are intended to create a larger fund with lower net operating expenses and increased trading volume on the exchange for common shares. The proposed reorganizations for the funds are subject to certain conditions, including necessary approval by the funds' shareholders. NXC, NXN, and NXP will each hold their respective 2025 Annual Meetings of Shareholders to consider approval of the reorganization proposal and to elect Board Members on November 14, 2025. Detailed information on the proposed reorganizations and the candidates for election to each funds' Board will be contained in proxy materials expected to be filed in the coming weeks. To be considered for presentation at the 2025 Annual Meeting of Shareholders for NXC, NXN, or NXP, shareholder proposals submitted pursuant to Rule 14a-8 under the Securities Exchange Act of 1934 must be received at the offices of that fund, 333 West Wacker Drive, Chicago, Illinois 60606, no later than July 2, 2025. A shareholder wishing to provide notice in the manner prescribed by Rule 14a-4(c)(1) of a proposal submitted outside of the process of Rule 14a-8 for the funds' respective 2025 Annual Meetings of Shareholders must, pursuant to the funds' by-laws, submit such written notice to the fund no earlier than July 17, 2025 and no later than August 16, 2025. Timely submission of a proposal does not mean that such proposal will be included in a proxy statement. Nuveen is a leading sponsor of closed-end funds (CEFs) with $53 billion in assets under management across 45 CEFs as of 31 Mar 2025. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs. About Nuveen Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.3 trillion in assets under management as of 31 Mar 2025 and operations in 32 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit Nuveen Securities, LLC, member FINRA and SIPC. The information contained on the Nuveen website is not a part of this press release. FORWARD-LOOKING STATEMENTS Certain statements made or referenced in this release may be forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to: market developments; legal and regulatory developments; the ability to satisfy conditions to the proposed reorganizations; and other additional risks and uncertainties. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. 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 annual and semi-annual reports and other regulatory filings of Nuveen closed-end funds with the Securities and Exchange Commission ("SEC") are accessible on the SEC's web site at and on Nuveen's web site at and may discuss the abovementioned or other factors that affect Nuveen closed-end funds. The information contained on the Nuveen website is not a part of this press release. IMPORTANT INFORMATION In connection with the reorganization proposal discussed herein, the funds expect to file with the SEC solicitation materials in the form of a proxy statement and/or a joint proxy statement/prospectus that will be included in a registration statement on Form N-14. After the registration statement is filed with the SEC, it may be amended or withdrawn and the proxy statement and/or joint proxy statement/prospectus will not be distributed to shareholders unless and until the registration statement is declared effective by the SEC. Investors are urged to read the solicitation materials and any other relevant documents when they become available because they will contain important information about the reorganization proposal. After they are filed, free copies of the solicitation materials will be available on the SEC's web site at This communication is for informational purposes only and is not a solicitation of a proxy from any fund shareholder and does not constitute an offer of any securities for sale. No offer of securities will be made except pursuant to a prospectus meeting the requirements of Section 10 of the Securities Act of 1933. However, the funds, Nuveen Fund Advisors and certain of their respective directors/trustees, officers and affiliates may be deemed under the rules of the SEC to be participants in the solicitation of proxies from shareholders in connection with the reorganization proposal discussed herein. Information about the directors/trustees and officers of the funds may be found in their respective annual reports previously filed with the SEC. Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. Past performance is no guarantee of future results. Closed-end funds frequently trade at a discount to their net asset value. 4589858 View source version on Contacts For more information, please visit Nuveen's CEF homepage or contact: Financial Professionals:800-752-8700 Investors:800-257-8787 Media:media-inquiries@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
3 days ago
- Business
- Business Wire
Nuveen Select Tax-Free Income Portfolios Announce Proposed Reorganizations and Shareholder Meeting Update
NEW YORK--(BUSINESS WIRE)--The Boards of Trustees of Nuveen California Select Tax-Free Income Portfolio (NYSE: NXC), Nuveen New York Select Tax-Free Income Portfolio (NYSE: NXN), and Nuveen Select Tax-Free Income Portfolio (NYSE: NXP) have approved a proposal to reorganize the funds. The proposed reorganizations, if approved by shareholders, would combine NXC and NXN into NXP. The reorganizations are intended to create a larger fund with lower net operating expenses and increased trading volume on the exchange for common shares. The proposed reorganizations for the funds are subject to certain conditions, including necessary approval by the funds' shareholders. NXC, NXN, and NXP will each hold their respective 2025 Annual Meetings of Shareholders to consider approval of the reorganization proposal and to elect Board Members on November 14, 2025. Detailed information on the proposed reorganizations and the candidates for election to each funds' Board will be contained in proxy materials expected to be filed in the coming weeks. To be considered for presentation at the 2025 Annual Meeting of Shareholders for NXC, NXN, or NXP, shareholder proposals submitted pursuant to Rule 14a-8 under the Securities Exchange Act of 1934 must be received at the offices of that fund, 333 West Wacker Drive, Chicago, Illinois 60606, no later than July 2, 2025. A shareholder wishing to provide notice in the manner prescribed by Rule 14a-4(c)(1) of a proposal submitted outside of the process of Rule 14a-8 for the funds' respective 2025 Annual Meetings of Shareholders must, pursuant to the funds' by-laws, submit such written notice to the fund no earlier than July 17, 2025 and no later than August 16, 2025. Timely submission of a proposal does not mean that such proposal will be included in a proxy statement. Nuveen is a leading sponsor of closed-end funds (CEFs) with $53 billion in assets under management across 45 CEFs as of 31 Mar 2025. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs. About Nuveen Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.3 trillion in assets under management as of 31 Mar 2025 and operations in 32 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit Nuveen Securities, LLC, member FINRA and SIPC. The information contained on the Nuveen website is not a part of this press release. FORWARD-LOOKING STATEMENTS Certain statements made or referenced in this release may be forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to: market developments; legal and regulatory developments; the ability to satisfy conditions to the proposed reorganizations; and other additional risks and uncertainties. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. 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 annual and semi-annual reports and other regulatory filings of Nuveen closed-end funds with the Securities and Exchange Commission ('SEC') are accessible on the SEC's web site at and on Nuveen's web site at and may discuss the abovementioned or other factors that affect Nuveen closed-end funds. The information contained on the Nuveen website is not a part of this press release. IMPORTANT INFORMATION In connection with the reorganization proposal discussed herein, the funds expect to file with the SEC solicitation materials in the form of a proxy statement and/or a joint proxy statement/prospectus that will be included in a registration statement on Form N-14. After the registration statement is filed with the SEC, it may be amended or withdrawn and the proxy statement and/or joint proxy statement/prospectus will not be distributed to shareholders unless and until the registration statement is declared effective by the SEC. Investors are urged to read the solicitation materials and any other relevant documents when they become available because they will contain important information about the reorganization proposal. After they are filed, free copies of the solicitation materials will be available on the SEC's web site at This communication is for informational purposes only and is not a solicitation of a proxy from any fund shareholder and does not constitute an offer of any securities for sale. No offer of securities will be made except pursuant to a prospectus meeting the requirements of Section 10 of the Securities Act of 1933. However, the funds, Nuveen Fund Advisors and certain of their respective directors/trustees, officers and affiliates may be deemed under the rules of the SEC to be participants in the solicitation of proxies from shareholders in connection with the reorganization proposal discussed herein. Information about the directors/trustees and officers of the funds may be found in their respective annual reports previously filed with the SEC. Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. Past performance is no guarantee of future results. Closed-end funds frequently trade at a discount to their net asset value. 4589858
AU Financial Review
6 days ago
- Business
- AU Financial Review
Why oil price isn't what this $US1.2 trillion manager is watching
Crude oil futures back above $US72 a barrel for the first time in months has sparked fears about inflation and economic growth. Some commentators are even saying it will make it harder for the Federal Reserve to cut rates. But Anders Persson, global fixed income chief investment officer at $US1.3 trillion ($2 trillion) asset manager Nuveen, says the market or economic impact isn't worth losing too much sleep over.
Bloomberg
13-06-2025
- Business
- Bloomberg
Rational Moves in the Market: Nuveen's Persson
The conflict between Iran and Israel sent volatility through the global markets, Nuveen CIO for Global Fixed Income Anders Persson says the moves though have been "rational'. He speaks with Sonali Basak on "Real Yield." (Source: Bloomberg)
