CEF Update: News You Can Use
Nuveen Investments had a busy week.
The board of directors of Nuveen Diversified Dividend & Income (JDD) approved changes to the fund's investment policy, effective Sept. 1, 2014. According to Nuveen, the changes are intended to update and clarify the investment parameters for the global equity income sleeve of the portfolio, managed by NQW Investment Management, an affiliate of Nuveen Investments. The strategy changes for the global equity income sleeve are listed below:
Cara Esser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.