Portfolio manager responsibilities for five closed-end funds for which Nuveen Asset Management (NAM) serves as a sub-advisor have been updated. Effective immediately, Jody I. Hrazanek is no longer a portfolio manager of the funds. David A. Friar is retaining his responsibilities overseeing day-to-day management of affected mandates. There will not be an impact on the funds’ strategies, investment objectives or policies.
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Ticker
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Fund Name
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Prior NAM
Portfolio
Management Team
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Current
NAM Portfolio
Management Team
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DIAX
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Nuveen Dow 30℠ Dynamic Overwrite Fund
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David A. Friar
Jody I. Hrazanek
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David A. Friar
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QQQX
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Nuveen Nasdaq 100 Dynamic Overwrite Fund
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David A. Friar
Jody I. Hrazanek
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David A. Friar
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SPXX
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Nuveen S&P 500 Dynamic Overwrite Fund
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David A. Friar
Jody I. Hrazanek
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David A. Friar
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JCE*
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Nuveen Core Equity Alpha Fund
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David A. Friar
Jody I. Hrazanek
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David A. Friar
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JTD*
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Nuveen Tax-Advantaged Dividend Growth Fund
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David A. Friar
Jody I. Hrazanek
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David A. Friar
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*These funds have additional mandates managed by other sub-advisors. Only NAM’s mandate for each fund is impacted by this announcement.
For more information, please visit Nuveen’s CEF homepage www.nuveen.com/closed-end-funds.
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 $1.1 trillion in assets under management as of 31 December 2019 and operations in 24 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 www.nuveen.com.
Nuveen Securities, LLC, member FINRA and SIPC.
The information contained on the Nuveen website is not a part of this press release.
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