Nuveen Ohio Quality Municipal Income Fund Shareholders Vote Overwhelmingly to Support Fund’s Board
Nuveen Ohio Quality Municipal Income Fund (NUO)
US:NYSE Investor Relations:
nuveen.com/cef/product/overview.aspx?fundcode=nuo
Company Research
Source: Business Wire
Shareholders Reject Hedge Fund Board Nominees and Declassification Proposal NEW YORK--(BUSINESS WIRE)--Nuveen Ohio Quality Municipal Income Fund (NYSE: NUO) (the "Fund") today announced that at its Annual Meeting of Shareholders held on December 5, 2019, shareholders voted overwhelmingly to re-elect the Fund’s current trustees who were up for election – three Class I Trustees re-elected by the holders of common shares and preferred shares, voting together as a single class, and two Trustees re-elected by the holders of preferred shares voting as a separate class. Shareholders rejected nominees proposed by hedge fund Saba Capital Management, L.P. and its affiliates (“Saba”) and also rejected by a significant margin Saba’s non-binding proposal to declassify the Fund’s Board.“We want to thank the Fund’s shareholders for their active participation in protecting their long-term investment value,” said Terence J. Toth, Chair of the NUO Board of Trustees. “The voting results are a strong
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