From Nuveen

Karen S. Davern

Senior Vice President,
Manager of Municipal Fixed Income Trading

Karen is the manager of municipal fixed income trading operations and a member of the high yield trading team at Nuveen Asset Management. She oversees trading activity for all of the firm’s municipal open-end funds, closed-end funds, and institutional accounts. She is also responsible for all of Nuveen Asset Management’s relationships with municipal securities dealers, which include more than 100 dealers.

Karen started working in the financial services industry in 1980 when she joined Nuveen Investments. Prior to taking on her current role in 2008, she was a portfolio manager of various state and national money market funds for Nuveen Asset Management starting in 1991.

Karen earned a B.S. in business management from the University of Phoenix. She is a member of the Chicago Municipal Analysts Society.

Firm tenure for Nuveen Asset Management investment professionals may include years of service at predecessor advisory operations.

This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities. The information does not take into account the specific objectives or circumstances of any investor, or suggest any specific course of action. Investment decisions should be made based on an investor's objectives and circumstances and in consultation with his or her advisors. All investments involve risk and there is no assurance that an investment will provide positive performance over any period of time. There is no assurance that downside protection will be achieved.

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