FYI: It’s taken a while, but Nuveen Asset Management’s efforts to merge a bunch of its national closed-end municipal bond funds into two large funds is nearing completion.
The consolidation, which involves eight funds, was approved by fund boards last August. The first shareholder vote was last November, but it took until early March, before both sets of mergers were approved by the required number of shareholders.
In late March, Nuveen announced the dates the merging funds would be making their final distributions in early April and early May before being consolidated
Regards,
Ted
http://blogs.barrons.com/incomeinvesting/2016/04/08/nuveens-closed-end-muni-fund-mergers-near-completion/tab/print/
