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Stock impact report

Nuveen High Income December 2019 Target Term Fund Announces Liquidation Details

NUVEEN HIGH INCOME 12/19 TARGET TERM FUND (JHD) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The Nuveen High Income December 2019 Target Term Fund (NYSE:JHD) today announced new details concerning its liquidation. Consistent with its investment objectives and organizational documents, the fund plans to terminate its existence and liquidate on or about November 29, 2019.As the fund approaches liquidation, its common shares will continue trading on the New York Stock Exchange through November 22, 2019 and will be suspended from trading before the open of trading on November 25, 2019. The fund will not declare its regular monthly distribution in November 2019 and expects that all accumulated earnings will be included in the final liquidating distribution. The fund anticipates making its final liquidating distribution on or about November 29, 2019.Leading up to the final distribution date, as the fund’s portfolio securities continue to mature and are sold, the fund may deviate from its investment objectives and policies, and its portfolio will conti Show less Read more
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