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Stock impact report

Nuveen Closed-End Funds’ Board of Trustees Approves Three Fund Reorganization Proposals

NUVEEN TX QUALITY MUNI INCOME FUND (NTX) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- The Board of Trustees for six Nuveen municipal closed-end funds approved three merger proposals. The mergers are subject to customary conditions, including shareholder approval. The mergers are intended to create larger funds with lower operating expenses and increased trading volume on the exchange for common shares. More information on the proposed mergers will be contained in proxy materials expected to be filed in the coming weeks. The proposed fund mergers are as follows: Acquired Fund   Symbol     Acquiring Fund     Symbol Nuveen Texas Quality Municipal Income Fund   Show less Read more
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