Nuveen Investments, a leading global provider of investment services to
institutions as well as individual investors, today announced that
shareholders of four Nuveen New Jersey municipal closed-end funds
approved a merger. The merger is intended to create a larger fund with
lower operating expenses and increased trading volume on the exchange
for common shares.
In connection with the shareholder approval, the funds will be merged as
follows:
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Acquired Fund
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Acquiring Fund
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Nuveen New Jersey Investment
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NQJ
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Quality Municipal Fund, Inc.
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Nuveen New Jersey Premium
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NNJ
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Nuveen New Jersey Dividend
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NXJ
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Income Municipal Fund, Inc.
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Advantage Municipal Fund
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Nuveen New Jersey Dividend
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NUJ
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Advantage Municipal Fund 2
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More information on these and other Nuveen closed-end funds is posted on
Nuveen’s web site at www.nuveen.com/cef.
Nuveen Investments provides high-quality investment services designed to
help secure the long-term goals of institutional 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,
LLC, Symphony Asset Management LLC, NWQ Investment Management Company,
LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors,
LLC, Winslow Capital Management, LLC and Gresham Investment Management
LLC, all of which are registered investment advisers and subsidiaries of
Nuveen Investments, Inc. Funds distributed by Nuveen Securities, LLC, a
subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments
managed $231 billion as of June 30, 2014. For more information, please
visit the Nuveen Investments website at www.nuveen.com.
3752-INV-O10/15
Copyright Business Wire 2014