This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Nuveen to Complete Refinancing of Taxable Closed-End Fund ARPS 2009-08-31 09:29 ET - News Release Also News Release (U-JDD) NUVEEN DIVERSIFIED DIV INCM Also News Release (U-JFR) NUVEEN FLOATING RATE INCOME Also News Release (U-JHP) NUVEEN QUALITY PFD INC FD 3 Also News Release (U-JPC) NUVEEN MULTI STRAT INC & GR Also News Release (U-JPS) NUVEEN QUALITY PFD INCOME FD Also News Release (U-JQC) NUVEEN MULTI STRAT INC GR FD Also News Release (U-JRO) NUVEEN FLTNG RTE INCM OPP FD Also News Release (U-JRS) NUVEEN REAL ESTATE INCM FD SBI Also News Release (U-JTA) NUVEEN TX ADV TOTAL RET STRG Also News Release (U-JTP) NUVEEN QUALITY PFD INCOME FD
 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
remaining portion of the outstanding auction-rate preferred shares
(ARPS) of its equity and corporate debt closed-end funds will be
redeemed. This final portion of outstanding ARPS totals approximately
$750 million. The funds have been granted temporary exemptive relief
from Section 18 of the Investment Company Act of 1940 (’40 Act) from the
Securities and Exchange Commission (SEC). This relief will permit the
funds to temporarily operate with reduced asset coverage levels for the
debt used to refinance these remaining ARPS.
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