Can I make transactions over the telephone?
If your mutual fund account is set up for Telephone Exchange and Telephone Redemptions
by Check, Telephone Redemptions via Fund Direct or Telephone Purchases via Fund
Direct, you can request liquidations and make additional purchases with a phone
call. To set your account up for these services, complete the Mutual Fund Account
Update Form.
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How can I obtain information about my account?
You can obtain account information by calling Nuveen Investor Services at 1-800-257-8787.
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Can I purchase/redeem shares with payments sent directly to/from my bank account?
You can also redeem units or shares and have the proceeds electronically transmitted
to your bank account. For your defined portfolios/mutual fund accounts, if your
units/shares are held in book entry you can send us a signature guaranteed letter
of instruction including your wiring instructions to redeem units/shares. If you
hold a certificate, include the unsigned certificate and indicate the number of
units/shares you wish to redeem. A certificate will be issued for the remaining
units/shares. You can also set your mutual fund account up for systematic investments/withdrawals
using Nuveen Fund Direct. |
What is dollar cost averaging?
Dollar cost averaging is an investment approach that involves buying mutual fund
shares in fixed dollar amounts at regular, fixed intervals, regardless of the price
of the shares. The investor will purchase more shares when the price is low and
fewer shares when the price is high, thus potentially lowering the average cost
per share over time. Periodic investing does not assure a profit and does not protect
against loss in declining markets. Since dollar cost averaging involves continuous
investing regardless of fluctuating price levels, you should consider your financial
ability to continue purchases through periods of low price levels. |
How can I dollar cost average?
Systematic Investment Plan - You can invest in your mutual fund automatically. Just
decide on an amount you want to invest (the minimum is $50). This amount will be
automatically withdrawn from your bank account on a monthly, quarterly, semi-annual
or annual basis and deposited into the Nuveen Fund of your choice. To set your account
up for this option fill out the Mutual Fund Account Update Form. Payroll Direct
Deposit Plan- You can, with your employer's consent, make regular investments of
$25 or more per pay period (meeting the monthly minimum of $50) by authorizing your
employer to deduct this amount automatically from your paycheck. You can stop deductions
at any time. There is no charge for this plan.
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How can I reduce my sales charge on my mutual fund purchases?
Rights of Accumulation (ROA) - An arrangement that allows you to reduce the sales
charge rate paid on Class A share purchases made in your accounts, even in different
Nuveen funds. Once the total dollar value of your Nuveen accounts reaches a breakpoint,
all additional Class A share purchases will be made at a lower sales charge. Letter
of Intent (LOI) - A signed agreement that allows an investor to buy mutual fund
shares at a lower overall sales charge, based on the total dollar amount of the
intended investment. A letter of intent allows the investor up to 13 months within
which to invest the total value of the pledged investment. Redemption Reinstatement
Privilege - If you redeem your fund shares, you may reinvest all or part of your
redemption proceeds up to one year later without incurring any additional charges.
You may only reinvest into the same share class you redeemed. If you paid a CDSC,
we will refund your CDSC and reinstate your holding period. You may use this reinstatement
privilege only once for any redemption. Nuveen Defined portfolios Reinvestment -
You can arrange to reinvest the distributions from your Nuveen Defined portfolios
into your Nuveen mutual fund account. All distributions from the defined portfolios
will be invested at net asset value. |
Can I purchase/redeem using a fed wire?
You can add to your existing Nuveen Mutual Fund account by purchasing shares using
a fed wire. The wiring instructions are as follows:
State Street Bank and Trust Co.
ABA # 011000028
DDA # 99055790
FBO: Nuveen Investor Services
For: Fund Name and Class of Shares
Shareholder Name
Shareholder Account Number
You can also redeem units or shares and have the proceeds electronically transmitted
to your bank account. For your defined portfolios/mutual fund accounts, if your
units/shares are held in book entry you can send us a signature guaranteed letter
of instruction including your wiring instructions to redeem units/shares. If you
hold a certificate, include the unsigned certificate and indicate the number of
units/shares you wish to redeem. A certificate will be issued for the remaining
units/shares. You can also set your mutual fund account up for systematic investments/withdrawals
using Nuveen Fund Direct.
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Can I make deposits into my mutual fund account directly from my paycheck?
You can, with your employer's consent, make regular investments of $25 or more per
pay period (meeting the $50 monthly minimum) by authorizing your employer to deduct
this amount automatically from your paycheck. You can stop deductions at any time.
There is no charge for this service. |
How do I change my account information?
Please contact Nuveen Investor Services at 1-800-257-8787.
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What is a breakpoint? A breakpoint refers to the total amount of your Nuveen
Accounts or the total amount of your purchase in a defined portfolio which affects
the amount of sales charge that is applied to your investments. As long as the value
of your Nuveen accounts (excluding money market funds) exceeds a particular breakpoint,
all subsequent investments in Nuveen mutual funds will receive a reduced sales charge.
If your Nuveen Defined portfolios purchase exceeds a particular breakpoint, you
will receive a reduced sales charge on that particular purchase. |
What is a Letter of Intent?
Letter of Intent (LOI) - A signed agreement that allows an investor to buy mutual
fund shares or defined portfolios units at a lower overall sales charge, based on
the total dollar amount of the intended investment. A letter of intent allows the
investor up to 13 months within which to invest the total value of the pledged investment.
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Can I exchange from one Nuveen Mutual Fund to another without incurring costs?
You may exchange shares of one Nuveen Mutual Fund for the same share class of another
Nuveen Fund. Exchanges can be made by writing in to Nuveen Funds or by completing
the Mutual Fund Exchange Form.
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If I redeem my shares, can I redeposit the funds without incurring a sales load?
Redemption Reinstatement Privilege - If you redeem your fund shares, you may reinvest
all or part of your redemption proceeds up to one year later without incurring any
additional charges. You may only reinvest into the same share class you redeemed.
If you paid a CDSC, we will refund your CDSC and reinstate your holding.
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