Nuveen Global Value Opportunities Fund (NYSE: JGV)
OBJECTIVE
The fund seeks a high level of total return by investing primarily in a diversified global portfolio of value equity securities, as well as corporate and governmental debt securities.
INVESTMENT STRATEGY

The fund invests in equity and securities of U.S. and non-U.S. companies in all capitalization ranges, including common stocks, preferred stocks with equity characteristics, convertibles, warrants, rights, depositary receipts, and REITs. The fund also invests in U.S. and non-U.S. corporate loans and governmental bonds and other debt instruments. A substantial portion of the fund's debt securities may be unrated or rated below investment grade. Under normal circumstances, the fund will invest 80% of managed assets in equities and the remainder in debt; this mix will be actively managed. The fund may opportunistically sell call options. The fund may use leverage.

HIGHLIGHTS
  • Opportunity for a high level of total return to fuel attractive regular managed distributions.
  • Value-oriented investment strategy from experienced Tradewinds portfolio team, that opportunistically seeks to identify undervalued securities across the globe.
  • Global investing is a long-term strategic opportunity for US investors to achieve additional total return potential for their portfolios by expanding their ‘opportunity set’ and investing in higher performing markets.
DAILY PRICING
Closing Share Price (As of 9/1/2010)$18.24
Closing NAV per Share (As of 9/1/2010)$18.77
Premium / Discount-2.82%
Current Distribution Rate (Market price)††6.58%
Distribution Amount (Quarterly) $0.3000
Managed Distribution Policy: This fund has adopted a Managed Distribution Policy, designed to provide attractive, quarterly distributions throughout the course of the year. Under this policy, the fund seeks to maintain a stable quarterly distribution amount (in cents per common share), comprised of payments received from portfolio companies, as well as net realized fund portfolio capital gains and, if necessary, a return of capital (representing in some cases net unrealized capital gains). The fund will determine the tax characteristics of all fund distributions after the end of the calendar year and will provide shareholders such information at that time.

View more information about Managed Distributions. View fund performance and current estimates of the fund's distribution components.

PORTFOLIO MANAGEMENT
Tradewinds Global Investors
ASSET ALLOCATION As of 06/30/2010

Total may not add up to 100% due to rounding.


Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. Past performance is no guarantee of future results.

Fund data is updated daily, monthly, and quarterly, depending on the specific data point. Click HERE for the update schedule.

RISKS
Investment and Market RiskAn investment in the fund's common shares is subject to investment risk, including the possible loss of the entire principal amount that you invest. Your investment in common shares represents an indirect investment in the securities owned by the fund, most of which are traded on a national securities exchange or in the over-the-counter markets. The value of these securities, like other market investments, may move up or down, sometimes rapidly and unpredictably. Your common shares at any point in time may be worth less than your original investment, even after considering the reinvestment of fund dividends and distributions. Closed-end funds also carry price risk, or the risk that shares may trade at prices different from their net asset values.Call Option RisksThe value of call options sold (written) will be affected by, among other things, changes in the value of the securities or indices underlying the options and the remaining time to the options' expiration. The value of the call options also may decline if the market for the options becomes less liquid or smaller. When selling a call option, a fund creates the potential for a liability to the extent the asset(s) underlying the option appreciates to a level above the strike price. Therefore, a fund may not participate in any appreciation of its equity portfolio as fully as it would if the fund did not sell call options. In addition, the fund will continue to bear the risk of declines in the value of the equity portfolio that serves as collateral for the written options. The extent of a fund's exposure to call option risk will vary depending on the degree to which call options are written.Common Stock RiskAlthough common stocks historically have generated higher average returns than other types of investments, common stocks also have experienced significantly more volatility in those returns. An adverse event, such as an unfavorable earnings report, may depress the value of a particular common stock held by the fund. Also, prices of common stocks are sensitive to general movements in the stock market and a drop in the stock market may depress the price of common stocks held by the fund or to which it has exposure. Derivatives Strategy RiskDerivatives are financial instruments whose value changes in response to the changes in underlying investment variables. Derivative securities include, but are not limited to, calls, puts, warrants, swaps, and forwards. The fund's use of derivatives involves risks different from, and possibly greater than, the risks associated with the underlying investments. The derivatives market is largely unregulated. It is possible that developments in the derivatives market, including potential government regulation, could adversely affect the fund's ability to terminate existing contracts or to realize amounts to be received under such contracts.Non-U.S. Securities RiskInvestments in securities of non-U.S. issuers involve special risks not typically associated with domestic investments including: (i) less publicly available information about non-U.S. issuers or markets due to less rigorous disclosure or accounting standards or regulatory practices; (ii) smaller, less liquid and more volatile markets, meaning that an adviser may not be able to sell the fund's portfolio securities at times, in amounts and at prices it considers reasonable; (iii) potential adverse effects of fluctuations in currency exchange rates or controls on the value of the fund's investments; (iv) the economies of non-U.S. countries may grow at slower rates than expected or may experience a downturn or recession; (v) the security issuer's willingness or ability to repay principal and interest due in a timely manner; (vi) the impact of adverse economic, political, social or diplomatic events; (vii) possible seizure, expropriation or nationalization of the company or its assets; (viii) certain non-U.S. countries may impose restrictions on the ability of non-U.S. issuers to make payments of principal and/or interest to investors located outside the U.S., due to blockage of foreign currency exchanges or otherwise; and (ix) withholding and other non-U.S. taxes may not be available for pass-through to the fund's shareholders as a deduction from taxable income or as a credit against their U.S. federal income tax liability. These risks are more pronounced to the extent that the fund invests a significant amount of its assets in companies located in one region. Unanticipated economic, political and social developments may also affect the values of the fund's investments and the fund's availability to make additional investments in such countries. All of these risks are usually much greater in emerging markets countries. Investments in emerging markets may be considered speculative, due to the higher possibility of hyperinflation, currency devaluations, lower trading volumes, and less liquidity.
NOTES

†† Distribution rates represent the latest declared regular distribution, annualized, relative to the most recent daily market price and NAV.