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Closed-end funds
Strategies designed to generate high income
Closed-end funds as a long-term income solution
Many investors turn to CEFs as a long-term income solution because the funds offer the potential for higher regular income than many other types of investment products. Drawing on more than 35 years of closed-end fund experience, we provide resources to help our clients build lasting income. Discover the latest CEF insights and explore opportunities to add CEFs to your investment portfolio.
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Insights and education
What is a closed-end fund? Learn how closed-end funds work, the difference between closed-end funds and open-end funds, the advantages of closed-end funds and more.
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Featured closed-end funds
Please see the tool tip on the distribution rate. Distribution rate at market price and NAV is calculated by annualizing the most recent declared regular distribution and dividing by the fund's market price or NAV, respectively. Special distributions, including special capital gains distributions, are not included in the calculation. If a fund’s distribution is estimated to include anything other than net investment income, the Fund provides a Section 19(a) notice of the best estimate of its distribution sources at that time which may be viewed at nuveen.com/CEFdistributions or within the Fund's literature section under 19(a) notices. These estimates may not match the final tax characterization (for the full year's distributions) contain in shareholders' 1099-DIV forms after the end of the year. The distribution rate should not be confused with yield or performance.
To obtain more information related to a fund’s performance and/or distribution sources, click the fund's ticker symbol.
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1 Nuveen, Morningstar Direct as of 31 March 2026. Based on total managed assets of closed-end funds.
2 Distributions 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.
Important information on risk
Past performance is no guarantee of future results. All investments carry a certain degree of risk, including the possible loss of principal, and there is no assurance that an investment will provide positive performance over any period of time. Certain products and services may not be available to all entities or persons. There is no guarantee that investment objectives will be achieved.
Closed-end funds frequently trade at a discount from net asset value. At any point in time, including when sold, shares may be worth more or less than the purchase price or the net asset value, even after considering the reinvestment of fund distributions. It is important to consider the objectives, risks, charges and expenses of any fund before investing. For this and other information that should be read carefully, please view prospectus or other current fund information provided by the fund’s sponsor.
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.
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