Term Preferred

 
News Articles for Term Preferred top ^
2014/7/2
NEW YORK , July 2, 2014 /PRNewswire/ -- Neuberger Berman California Intermediate Municipal Fund Inc. (NYSE MKT: NBW), Neuberger Berman Intermediate Municipal Fund Inc. (NYSE MKT: NBH) and Neuberger Berman New York Intermediate Municipal Fund Inc. (NYSE MKT: NBO) (collectively, the "Funds") have successfully issued variable rate municipal term preferred shares ("VMTPs"). As previously announced, the proceeds from the issuance of VMTPs are being used to redeem all of the Funds' outstanding auction market preferred shares ("AMPS") at the full liquidation preference of $25,000 per share, plus accumulated distributions.
Sign-up for Neuberger Berman Closed-End Intermediate Municipal Funds Issue Variable Rate Municipal Term Preferred Shares; Redeem Auction Market Preferred Shares investment picks
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the optional redemption price payable on the MuniFund Term Preferred (MTP) shares called for redemption by the Nuveen Massachusetts Premium Income Municipal Fund (NYSE: NMT). As previously announced , the fund will redeem all of its outstanding MTP shares on July 11, 2014.
Sign-up for Nuveen Massachusetts Premium Income Municipal Fund Announces Optional Redemption Price on MuniFund Term Preferred Shares investment picks

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Term Preferred
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