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Steven Ircha Jr. is a student at the Bronxville School in Bronxville NY.
  • Nuveen CEF's Board Approves Fund Merger 0 comments
    Dec 17, 2012 2:18 PM | about stocks: NMZ, NMD

    Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the Board of Trustees of the Nuveen Municipal High Income Opportunity Fund NMZ and Nuveen Municipal High Income Opportunity Fund 2 NMD approved a merger. The merger is subject to customary conditions, including shareholder approval at the funds' regular shareholder meeting. The merger is intended to create a single, larger fund with lower operating expenses and increased trading volume on the exchange for its common shares.

    More information on the proposed merger will be contained in the proxy materials expected to be filed in the coming weeks.

    9:15 AM ET 12/14/2012

    Stocks: NMZ, NMD
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