Skip to main content
utility-drawer__close
0
Add funds
Fund 1
Fund 2
Fund 3
Fund 4
TOOLS
The Morningstar Fund Compare tool quickly evaluates different funds against one another. In addition to Nuveen funds, add any MF, CEF or ETF available from Morningstar. Important information and disclosures are included after you click Generate Report. Please ensure to enable pop-ups in your browser.
The Morningstar Portfolio Review tool compares and analyzes your portfolio holdings. In addition to Nuveen funds, add any MF, CEF or ETF available from Morningstar. Important information and disclosures are included after you click Generate Report. Please ensure to enable pop-ups in your browser.
utility-drawer__mobile-restriction Tools are currently unavailable for use on mobile. Please visit the desktop site.
fund compare tool image
Fund Compare
Quickly evaluate different MFs, CEFs and ETFs against one another
portfolio review tool image
Portfolio Review
Generate a detailed analysis of your portfolio holdings including MFs, CEFs and ETFs
Image of Municipal bond investing ladder tool
Municipal Bond Ladder Tool
Learn how a laddered portfolio may perform in rising rate environments
Powered by Morning star
Confirm your location and role
location select
language select
Letter n with a mountain visual

Closed-end funds

Designed for long-term income across market cycles

Professionally managed to seek strong and steady distributions

With funds investing across the spectrum of asset classes—including many that are difficult to access with other vehicles—each of our closed-end funds are designed with specific investor goals in mind, such as managing interest rate risk, income market volatility, tax efficiency and more. Explore strategies for long-term income generation.

Why Nuveen for closed-end funds

#1
closed-end funds by AUM1
4
4 out of 5 largest National Municipal Funds providing investors access to tax-exempt income2
$54B
closed-end fund assets under management1
35+
years of providing tax-free income2

Supporting investors as a leader in closed-end funds

We have expanded our offerings over 35 years with a range of innovations at the forefront of the closed-end fund marketplace, such as adding new strategies, structures, and forms of leverage—all underpinned with education and support.

Matt Nealon, Head of Closed-End Fund Business Development, shares insights on how Nuveen supports CEF investors
From educational resources to dedicated product specialists, we aim to make sure our clients are well supported in the secondary market.
– Matt Nealon, Head of Closed-End Fund Business Development

Nuveen is the #1 closed-end fund provider by AUM.* Closed-end funds may offer the potential for higher regular income than other types of investment products because of their distinct structure and ability to use leverage.**

Fund attributes key:
L = Leveraged   NL = Non leveraged 
IO = Income only   M = Managed distributions   V = Level Distribution
AF = AMT Free  H = High Yield  T = Term  P = Perpetual  TT = Target Term

Filters

Past performance does not guarantee future results.  Distribution rates represent the latest declared regular distribution, annualized, relative to the most recent market price and NAV. Special distributions, including special capital gains distributions, are not included in the calculation.  Historical distribution sources have included net investment income, realized gains and return of capital.

*Nuveen, Morningstar Direct as of 31 Dec 2022. Based on total managed assets of closed-end funds.

**Leverage typically magnifies the total return of a fund’s portfolio, whether that return is positive or negative, and creates an opportunity for increased common share net income as well as higher volatility of net asset value, market price, and distributions. There is no assurance that a fund’s leveraging strategy will be successful.

Visit the CEF resources page and view the distribution (19a) notices section for more information on fund performance and current estimates of the funds' distribution components. 

Distribution rates represent the latest declared regular distribution, annualized, relative to the most recent daily market price and NAV. Special distributions, including special capital gains distributions, are not included in the calculation.

Funds have adopted one of three distribution approaches: income-only (IO), managed distribution (M), or level distribution (V). Historical distributions from managed distributions have included realized capital gains along with net investment income, and have also included a return of capital, representing unrealized gains or paid-in capital or both. Historical distributions under a level distribution or capital return plan approach have included a return of capital along with net investment income and may also include realized capital gains. It is important to understand these sources, and also the fund’s distribution rate relative to its NAV performance.

Insights and resources

1 Nuveen, Morningstar Direct as of 31 Dec 2022. Based on total managed assets of closed-end funds.

2 Income may be subject to state and local taxes, as well as the federal alternative minimum tax. Capital gains, if any, are subject to capital gains tax.

Past performance is no guarantee of future results. Current performance may be higher or lower than the data shown. Returns assume reinvestment of distributions, and NAV returns are net of fund expenses.

Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested.

The premium/discount is calculated as (most recent price/most recent NAV) -1.

Average duration represents Effective Duration for Non-Leveraged funds and Leveraged-Adjusted Effective Duration for Leveraged Funds. For term definitions and index descriptions, please access the glossary in the footer.

Effective leverage is the fund’s effective economic leverage, and includes both structural leverage and the leverage effects of certain derivative investments in the fund’s portfolio. Currently, the leverage effects of Tender Option Bond (TOB) inverse floater holdings and the effects of investments in a leveraged Public-Private Investment Partnership are included in Effective Leverage values, in addition to any Structural Leverage.

Aerial view of the ocean shore

You are on the site for: Financial Professionals and Individual Investors. You can switch to the site for: Institutional Investors or Global Investors

You are about to access our website for visitors outside of the United States.

You are about to access our website for Nuveen Global Cities REIT

You are leaving the Nuveen website.

You are leaving the Nuveen website and going to the website of the MI 529 Advisor Plan, distributed by Nuveen Securities, LLC.

The Nuveen website for institutional investors is available for you.

You are about to access our website for visitors outside of the United States.

You are about to access our website for Nuveen Churchill Private Capital Income Fund (“NC - PCAP”)

Contact us
Contact us
Back to Top