Nuveen Municipal Closed-End Funds Announce Proposed Mergers and Shareholder Meeting Update
The Boards of Trustees of Nuveen Missouri Quality Municipal Income Fund (
NYSE: NOM), Nuveen New Jersey Quality Municipal Income Fund (
NYSE: NXJ), Nuveen Pennsylvania Quality Municipal Income Fund (
NYSE: NQP), and Nuveen Municipal High Income Opportunity Fund (
NYSE: NMZ) have approved a proposal to merge the funds. The proposed mergers, if approved by shareholders, would combine NOM, NXJ, and NQP into NMZ. The mergers are intended to create a larger fund with increased trading volume on the exchange for common shares.
Board Announces Removal of Merger Proposals from Annual Meeting Agenda
The Boards of Trustees of Nuveen New Jersey Quality Municipal Income Fund (
NYSE:NXJ) and Nuveen Quality Municipal Income Fund (
NYSE:NAD) as well as Nuveen Massachusetts Quality Municipal Income Fund (
NYSE:NMT) and Nuveen AMT-Free Quality Municipal Income Fund (
NYSE:NEA) announce the removal of a previously approved merger proposal from each funds’ upcoming shareholder meeting agenda. Previously, the Board of Trustees of each respective fund approved the merger of NXJ into NAD and the merger of NMT into NEA.
