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Stock impact report

Nuveen MLP Closed-End Funds Eliminate Leverage

NUVEEN ENERGY MLP TOTAL RETURN (JMF) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Nuveen Energy MLP Total Return Fund (NYSE: JMF) and the Nuveen All Cap Energy MLP Opportunities Fund (NYSE: JMLP) announced certain changes to the Funds’ strategies in response to recent market conditions, including the continued extreme volatility in the energy sector. JMF and JMLP have eliminated financial leverage. In addition, JMLP has removed a prohibition on purchasing the largest 10 constituents by market capitalization in the Alerian MLP Index.For more information, please visit Nuveen’s CEF homepage www.nuveen.com/closed-end-funds.About NuveenNuveen, 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 alterna Show less Read more
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