Nuveen, LLC ("Nuveen") announced today that it has closed an offering of $1.25 billion aggregate principal amount of senior unsecured notes which have been issued in two series: (i) a series of 5.550% senior notes due 2030 in an aggregate principal amount of $500 million (the "2030 Notes") and (ii) a series of 5.850% senior notes due 2034 in an aggregate principal amount of $750 million (the "2034 Notes" and, together with the 2030 Notes, the "Notes").
NEW YORK, February 08, 2024--Nuveen announces today the upcoming retirement of Jay L. Rosenberg, Head of Public Real Assets and portfolio manager for Nuveen Real Asset Income and Growth Fund (NYSE: JRI). Mr. Rosenberg will remain a portfolio manager on JRI until March 31, 2024. There will be no impact on the investment approach, investment strategy, or any of the fund’s investment objectives or policies.
Nuveen, the investment manager of TIAA, has launched the Nuveen Tax Advantaged Balanced portfolio, which combines investment-grade municipal bonds and equities, featuring regular monitoring for automated tax-loss harvesting and rebalancing opportunities across both asset class sleeves. Portfolio managers from Nuveen, one of the largest active municipal managers, will manage the bond allocations.