Company Website:
http://www.nuveen.com
CHICAGO -- (Business Wire)
Nuveen Investments, a leading global provider of investment services to
institutions and high-net-worth investors, today announced that the
Nuveen Quality Income Municipal Fund, Inc. (NYSE: NQU) called for
redemption at par all of its outstanding auction-rate preferred
securities (ARPS). The funds’ Board of Trustees has approved this
redemption, which totals $386.875 million and will be funded by proceeds
received from the issuance of Variable Rate Demand Preferred shares
(VDRPs).
NQU is redeeming all of its $386.875 million of currently
outstanding ARPS.
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|
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|
|
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|
|
|
|
| Series |
| Cusip # |
| Total Shares
Redeemed |
| Total Amount
Redeemed |
| Redemption
Date |
|
M
|
|
670977206
|
|
2,567
|
|
$64,175,000
|
|
January 21, 2011
|
|
T
|
|
670977404
|
|
2,569
|
|
$64,225,000
|
|
January 24, 2011
|
|
W1
|
|
670977503
|
|
2,568
|
|
$64,200,000
|
|
January 18, 2011
|
|
W2
|
|
670977701
|
|
1,780
|
|
$44,500,000
|
|
January 18, 2011
|
|
TH
|
|
670977602
|
|
3,423
|
|
$85,575,000
|
|
January 19, 2011
|
|
F
|
|
670977305
|
|
2,568
|
|
$64,200,000
|
|
January 20, 2011
|
|
| |
| |
| |
| |
For more information about Nuveen closed-end funds, visit www.nuveen.com/cef.
ARPS information and updates are posted on Nuveen’s auction-rate
preferred resource center at www.nuveen.com/arps.
Nuveen Investments provides high quality investment services designed to
help secure the long-term goals of institutions and high net worth
investors as well as the consultants and financial advisors who serve
them. Nuveen Investments markets its growing range of specialized
investment solutions under the high-quality brands of NWQ, Nuveen, Santa
Barbara, Symphony, Tradewinds, Winslow Capital and Nuveen HydePark. In
total, the Company managed nearly $163 billion as of September 30, 2010.
For more information, please visit the Nuveen Investments website at www.nuveen.com.
Contacts:
Nuveen Investments
Media Contact:
Kristyna Sujata,
312-917-8343
kristyna.sujata@nuveen.com
Source: Nuveen Investments
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