From Nuveen

Michael S. Davern, CFA

Senior Vice President,
Senior Market Strategist

Michael is a senior vice president of Nuveen Asset Management, where he serves as senior market strategist. In this role, he supports sales and marketing activity related to all of the firm’s municipal managed money products: open-end mutual funds, closed-end funds and privately managed accounts. He serves as one of the company's chief spokesmen on economic issues and investment philosophy, especially related to municipal bond investments and tactical asset allocation. Michael brings a unique perspective as a long-time direct participant in the financial markets.

He began working in the financial services industry in 1985 and joined the firm as the head of credit research for Flagship Resources in 1992. Michael has spent most of his career as a portfolio manager of open- and closed-end municipal bond funds, including state-specific portfolios for Alabama, Arizona, California, Florida, Georgia, Kansas, Louisiana, Michigan, Missouri, New Mexico, Pennsylvania, South Carolina, Texas, Washington and Wisconsin, as well as national portfolios. Previously, Michael worked at Van Kampen Merritt as a senior credit analyst. He began his municipal bond career at Fuji Bank.

Michael earned his undergraduate degree from Illinois Benedictine University and his master’s degree in finance from the University of Illinois. He holds the Chartered Financial Analyst designation and is a member of the Chicago Municipal Analysts Society and the Association of Investment Management and Research.

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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