DEF: Nuveen Funds Announce Virtual Annual Shareholder Meeting and Board Member Elections for August 2025
Sentiment:
Proxy Statement
Nuveen's family of municipal funds will hold a virtual Annual Meeting of Shareholders on August 14, 2025, to elect Board Members and address corporate governance matters.
Summary
- The Annual Meeting of Shareholders for multiple Nuveen municipal funds (Massachusetts and Minnesota Funds) will be held on Thursday, August 14, 2025, at 2:00 p.m. Central time.
- The meeting will be conducted entirely virtually via live webcast, accessible at www.meetnow.global/MNRRJJC.
- The primary purpose of the meeting is to elect Board Members/Trustees across various classes and funds.
- Shareholders of record as of the close of business on June 20, 2025, are entitled to notice of and to vote at the Annual Meeting.
- Shareholders can vote by mail, telephone, or over the Internet; attending the virtual meeting is also an option.
- The Board unanimously recommends that shareholders vote FOR the election of each Board Member nominee.
- The document details the current and proposed Board Member classes and terms for each of the listed funds.
- All Board Members are independent, meaning they are not interested persons as defined by the Investment Company Act of 1940, nor employees or directors of TIAA or Nuveen.
- Independent Board Members are expected to invest at least the equivalent of one year of compensation in the funds within the Fund Complex.
- Effective January 1, 2025, Independent Board Members receive a $350,000 annual retainer, with increased annual retainers for committee memberships (e.g., Audit Committee and Compliance, Risk Management and Regulatory Oversight Committee at $35,000, Investment Committee at $30,000, Dividend, Nominating and Governance, and Closed-End Funds Committees at $25,000).
- The Chair of the Board receives an additional $150,000 annually, and committee chairs receive additional retainers.
- The Board operates under a unitary board structure with an independent Chair, Robert L. Young, who assumed the role in 2025.
- Seven standing committees (Executive, Dividend, Audit, Compliance, Risk Management and Regulatory Oversight, Investment, Nominating and Governance, and Closed-End Fund Committee) oversee specific aspects of the Funds' operations and risks.
- KPMG LLP served as the independent registered public accounting firm for the fiscal year ended in 2024; PricewaterhouseCoopers LLP (PwC) has been appointed for the current fiscal year.
- As of June 20, 2025, no single shareholder beneficially owned more than 5% of any class of shares of any Fund, with specific exceptions detailed for certain funds and share classes (e.g., Karpus Management, Inc. with 18.42% of New York AMT-Free Common Shares, and various entities holding 100% of certain AMTP Preferred Shares).
- The Funds' by-laws previously included control share provisions, which were suspended on February 24, 2022, and formally eliminated on February 28, 2024.
Sentiment
Score: 6
Explanation: The document is a routine proxy statement, primarily procedural and informational regarding corporate governance and board elections. It contains no significant positive or negative financial news, hence a neutral to slightly positive score reflecting standard, transparent governance practices.
Positives
- The Board has adopted a unitary board structure, which is believed to enhance governance efficiency and oversight across the fund complex.
- The Board has an independent Chair (Robert L. Young) and Co-Chairs for certain committees, enhancing independence and reinforcing the Board's focus on shareholder interests.
- Board members are expected to invest at least one year of compensation in the funds, aligning their financial interests with those of shareholders.
- The Nominating and Governance Committee considers diversity of background (including gender, race, and ethnicity), skills, experience, and views when evaluating Board composition, aiming for a well-rounded and effective Board.
- A comprehensive committee structure (Executive, Dividend, Audit, Compliance, Risk Management and Regulatory Oversight, Investment, Nominating and Governance, Closed-End Fund) provides focused oversight on various operational and risk areas.
- Audit Committee members meet stringent independence and experience requirements set by NYSE, NASDAQ, and the SEC.
- Four Board Members (Joseph A. Boateng, John K. Nelson, Loren M. Starr, and Robert L. Young) are designated as audit committee financial experts, ensuring strong financial oversight.
- The Board maintains a policy requiring Board Member attendance of 75% or more at Board and committee meetings, indicating active engagement.
- The Funds have no employees, and officers serve without direct compensation from the Funds, potentially contributing to lower administrative overhead.
Risks
- The Board exercises risk oversight through various committees, including those focused on valuation, compliance, investment risk, liquidity, derivatives usage, product structure elements (such as leverage), hedging, swaps, and Fund operational risk.
- The Board's staggered election structure, where Board Members elected by common shareholders serve for terms expiring at the third succeeding annual meeting, could delay the replacement of a majority of the Board for up to two years.
Future Outlook
The document is a proxy statement for an annual meeting and does not provide forward-looking financial guidance or strategic outlook beyond the procedural aspects of the meeting and corporate governance.
Management Comments
- The Board of each Fund has determined that the use of this Joint Proxy Statement for each Annual Meeting is in the best interest of each Fund and its shareholders in light of the similar matters being considered and voted on by the shareholders.
- The Board unanimously recommends that shareholders vote FOR the election of each Board Member nominee.
- The Board believes the unitary board structure enhances good and effective governance, particularly given the nature of the structure of the investment company complex.
- The Nominating and Governance Committee believes that the Board generally benefits from diversity of background (including, among other things, gender, race and ethnicity), skills, experience and views among its members, and considers this a factor in evaluating the composition of the Board, but has not adopted any specific policy on diversity or any particular definition of diversity.
Industry Context
The document reflects standard corporate governance practices for a large family of closed-end municipal bond funds. The emphasis on independent board members, a unitary board structure, and a detailed committee framework aligns with best practices for oversight in the investment management industry, particularly for fund complexes. The virtual meeting format is a continuing trend in corporate governance, offering convenience and potentially reducing costs. The detailed disclosure of board member compensation and audit fees is standard for SEC filings, providing transparency to shareholders.
Comparison to Industry Standards
- The unitary board structure, where one group of board members serves across multiple funds in the complex, is a common practice among large fund families like Nuveen, aiming for efficiency and consistent oversight.
- The requirement for Board Members to invest at least one year of compensation in the funds aligns with industry best practices for aligning the interests of governance bodies with those of shareholders.
- The designation of 'audit committee financial experts' (Joseph A. Boateng, John K. Nelson, Loren M. Starr, Robert L. Young) meets SEC requirements and is a standard for robust financial oversight in publicly traded entities.
- The detailed committee structure (Audit, Compliance, Investment, Nominating and Governance, etc.) is typical for large, well-governed fund complexes, allowing for specialized oversight of various operational and risk areas.
- The shift to a virtual annual meeting is a widespread trend, especially post-pandemic, adopted by many public companies and investment funds to facilitate broader shareholder participation and reduce logistical complexities.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Class III Board Members (Municipal Income) | N/A | Michael A. Forrester, Thomas J. Kenny, Margaret L. Wolff, Robert L. Young | August 14, 2025 (election) | Nominees for election at the Annual Meeting to serve for a term expiring at the 2028 annual meeting of shareholders. |
| Class I Board Members (AMT-Free Value, Municipal Value, New York Value, Select Maturities, Taxable Income) | N/A | Michael A. Forrester, Thomas J. Kenny, Margaret L. Wolff, Robert L. Young | August 14, 2025 (election) | Nominees for election at the Annual Meeting to serve for a term expiring at the 2028 annual meeting of shareholders. |
| Class I Board Members (Common and Preferred Shares, for certain funds) | N/A | Michael A. Forrester, Thomas J. Kenny, Robert L. Young | August 14, 2025 (election) | Nominees for election at the Annual Meeting to serve for a term expiring at the 2028 annual meeting of shareholders. |
| Board Members (Preferred Shares only, for certain funds) | N/A | Albin F. Moschner, Margaret L. Wolff | August 14, 2025 (election) | Nominees for election by holders of Preferred Shares for a term expiring at the next annual meeting. |
| Board Member (Municipal Income) | N/A | Joseph A. Boateng | January 1, 2024 | Appointed by the Board to Municipal Income's Board. |
| Board Member | N/A | Michael A. Forrester | January 1, 2024 | Appointed by the Board to the Funds Board. |
| Board Member | N/A | Thomas J. Kenny | January 1, 2024 | Appointed by the Board to the Funds Board. |
| Board Member | N/A | Loren M. Starr | January 1, 2024 | Appointed by the Board to the Funds Board. |
| Chair of the Board | N/A | Robert L. Young | 2025 | Elected as independent Chair of the Board. |
| Independent Registered Public Accounting Firm | KPMG LLP | PricewaterhouseCoopers LLP (PwC) | Current fiscal year | Appointed by the Board of each Fund. |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Board Structure | Adoption of a unitary board structure where one group of board members serves on the board of every fund in the Nuveen Fund complex (with minor exceptions). | N/A (existing structure) | Enhances governance efficiency, oversight, and knowledge across the fund complex, and strengthens influence over service providers. |
| Board Leadership | Election of Robert L. Young as an independent Chair of the Board, with specific responsibilities including agenda coordination, presiding at meetings, and serving as a liaison. | 2025 (Chair since) | Enhances board independence and provides a clear point person for board functions, reinforcing focus on shareholder interests. |
| Committee Structure | Maintenance of seven standing committees: Executive, Dividend, Audit, Compliance, Risk Management and Regulatory Oversight, Investment, Nominating and Governance, and Closed-End Fund Committee. Periodic rotation of Board Members among committees. | N/A (existing structure) | Permits Board Members to focus on particular operations or issues, including risk oversight, and allows for gaining additional perspectives. |
| Board Member Compensation | Adjustments to Independent Board Member compensation effective January 1, 2025, including increased annual retainers for committee memberships and for the Chair of the Board. | January 1, 2025 | Reflects ongoing evaluation of compensation to attract and retain qualified independent directors, potentially increasing governance costs slightly. |
| Board Member Investment Principle | Governance principle adopted requiring each Board Member to invest at least the equivalent of one year of compensation in the funds in the Fund Complex. | N/A (existing principle) | Aims to create an appropriate identity of interests between Board Members and shareholders, aligning incentives. |
| Diversity Consideration | Nominating and Governance Committee considers diversity of background (gender, race, ethnicity), skills, experience, and views when seeking nominees, though no specific policy or definition of diversity is adopted. | N/A (existing practice) | Aims to enhance the Board's overall composition and effectiveness by bringing varied perspectives, without rigid mandates. |
| Fiscal Year End Change | Approved change of New York AMT-Free, New York Value and New York Quality Income's fiscal year end from February 28/29 to August 31. | March 1, 2024 | Standardizes reporting periods for certain funds, potentially streamlining financial reporting and analysis. |
| Control Share Provisions | Elimination of control share provisions from the Funds' by-laws, which were previously suspended as of February 24, 2022. | February 28, 2024 | Removes anti-takeover provisions, potentially making the funds more susceptible to hostile takeovers or activist investor influence, which could be seen as positive for shareholder democracy or negative for management stability. |
Related Party Transactions
- Board Members own securities in companies (other than registered investment companies) that are advised by entities under common control with the Funds' investment adviser (Nuveen). For example, Thomas J. Kenny has holdings in Global Timber Resources LLC and TIAA-CREF Global Agriculture II LLC.
Stakeholder Impact
- Shareholders: Will vote on Board Member elections. The virtual meeting format aims to increase accessibility. Changes in board composition and governance structure directly impact shareholder representation and oversight. Elimination of control share provisions could impact shareholder power dynamics.
- Board Members: Compensation structure updated, and new members appointed. Expected to invest in the funds, aligning interests.
- Management (Nuveen/Adviser): Continues to serve as investment adviser. Officers serve without compensation from the Funds, but the Adviser pays Chief Compliance Officer compensation. Subject to Board oversight and committee reviews.
- Independent Auditors: PricewaterhouseCoopers LLP (PwC) appointed as the new independent registered public accounting firm, replacing KPMG LLP.
Next Steps
- Shareholders are requested to vote on the election of Board Members by August 14, 2025.
- The Annual Meeting of Shareholders will be held virtually on Thursday, August 14, 2025.
- Shareholder proposals for the 2026 annual meeting submitted pursuant to Rule 14a-8 must be received by March 5, 2026.
- Shareholder proposals submitted outside of Rule 14a-8 must provide written notice between April 4, 2026, and April 19, 2026, for Massachusetts Funds, and between May 4, 2026, and May 19, 2026, for Minnesota Funds.
- Shareholder reports will be furnished to shareholders of record following the applicable period and made available on the Funds website.
Key Dates
| Date | Description |
|---|---|
| 1918 | TIAA founded. |
| 1974 | Albin F. Moschner received Bachelor of Engineering degree. |
| 1975 | Joanne T. Medero received B.A. degree. |
| 1978 | Joanne T. Medero received J.D. degree. |
| 1979 | Albin F. Moschner received Master of Science degree. |
| 1980 | Matthew Thornton III received B.B.A. degree. |
| 1981 | Amy B. R. Lancellotta received B.A. degree. |
| 1982 | Terence J. Toth graduated with a Bachelor of Science degree. |
| 1984 | Amy B. R. Lancellotta received J.D. degree. |
| 1985 | Robert L. Young employed by Deloitte & Touche LLP. |
| 1986 | Joanne T. Medero began serving as Deputy Associate Director/Associate Director for Legal and Financial Affairs at The White House Office of Presidential Personnel (until 1989). |
| 1986 | Terence J. Toth began serving as Managing Director and Head of Global Securities Lending at Bankers Trust (until 1994). |
| 1989 | Joanne T. Medero began serving as General Counsel of the Commodity Futures Trading Commission (CFTC) (until 1993). |
| 1989 | Amy B. R. Lancellotta began holding various positions with ICI (until 2006). |
| 1993 | Joanne T. Medero began serving as a Partner at Orrick, Herrington & Sutcliffe LLP (until 1995). |
| 1994 | Terence J. Toth joined Northern Trust. |
| 1994 | Albin F. Moschner began serving as Director, President and Chief Operating Officer of Zenith Electronics Corporation (until 1995). |
| 1995 | Albin F. Moschner began serving as Director, President and Chief Executive Officer of Zenith Electronics Corporation (until 1996). |
| 1995 | Albin F. Moschner began serving on the Advisory Boards of the Kellogg School of Management (until 2018). |
| 1996 | Joanne T. Medero joined Barclays Global Investors (BGI) and served as Global General Counsel and Corporate Secretary (until 2006). |
| 1996 | John K. Nelson began serving in senior executive positions with ABN AMRO Holdings N.V. (until 2008). |
| 1996 | Albin F. Moschner began serving as a member of the Board of Directors of Wintrust Financial Corporation (until 2016). |
| 1997 | Terence J. Toth began serving as a Member of the Northern Trust Hong Kong Board (until 2004). |
| 1997 | Robert L. Young began holding various positions with J.P. Morgan Investment Management Inc. (until 2017). |
| 1999 | Albin F. Moschner began serving as President of One Point Services at One Point Communications (until 2000). |
| 1999 | Thomas J. Kenny began serving as Managing Director at Goldman Sachs Asset Management (until 2004). |
| 1999 | Robert L. Young began holding various officer positions for J.P. Morgan Investment Management Inc. and JPMorgan Distribution Services, Inc. (until 2017). |
| 2000 | Joanne T. Medero began chairing the Corporations, Antitrust and Securities Practice Group of The Federalist Society for Law and Public Policy (until 2002 and again from 2010 to 2022). |
| 2000 | Albin F. Moschner began serving as President of the Verizon Card Services division of Verizon Communications, Inc. (until 2003). |
| 2000 | Terence J. Toth began serving as Executive Vice President of Quantitative Management & Securities Lending (until 2004). |
| 2001 | Matthew Thornton III received M.B.A. from the University of Tennessee. |
| 2002 | Tina M. Lazar's Length of Service with Fund began. |
| 2002 | Joseph A. Boateng began serving as Director of U.S. Pension Plans for Johnson & Johnson (until 2006). |
| 2002 | Thomas J. Kenny began serving as Co-Head of Global Cash and Fixed Income Portfolio Management Team at Goldman Sachs Asset Management (until 2010). |
| 2003 | Terence J. Toth began serving as a Member of the Northern Trust Securities Inc. Board (until 2007). |
| 2004 | Terence J. Toth began serving as CEO and President of Northern Trust Global Investments (until 2007). |
| 2004 | Albin F. Moschner began serving as Chief Marketing Officer at Leap Wireless International, Inc. (until 2008). |
| 2004 | Thomas J. Kenny began serving as Partner at Goldman Sachs Asset Management (until 2010). |
| 2004 | Margaret L. Wolff began serving as a trustee of The John A. Hartford Foundation (until 2022). |
| 2005 | Margaret L. Wolff joined the Board of Trustees of New York-Presbyterian Hospital. |
| 2005 | David J. Lamb's Length of Service with Fund began. |
| 2005 | Terence J. Toth began serving as a Member of the Northern Trust Mutual Funds Board and Northern Trust Global Investments Board (until 2007). |
| 2005 | Robert L. Young began serving as Senior Vice President and Chief Operating Officer of J.P. Morgan Funds (until 2010). |
| 2005 | Margaret L. Wolff began serving as a trustee of Mt. Holyoke College (until 2015). |
| 2005 | Loren M. Starr began serving as Chief Financial Officer, Senior Managing Director for Invesco Ltd. (until 2020). |
| 2006 | Joanne T. Medero began serving as Managing Director and Global Head of Government Relations and Public Policy at Barclays Group (IBIM) (until 2009). |
| 2006 | Amy B. R. Lancellotta began serving as Managing Director of ICIs Independent Directors Council (IDC) (until 2019). |
| 2006 | Matthew Thornton III began serving as Senior Vice President, U.S. Operations at Federal Express Corporation (until 2018). |
| 2007 | Joseph A. Boateng became Chief Investment Officer, Casey Family Programs. |
| 2007 | Michael A. Forrester's Length of Service with Fund Complex began. |
| 2007 | Kevin J. McCarthy's Length of Service with Fund began. |
| 2007 | Michael A. Forrester began serving as Chief Operating Officer (COO) of Copper Rock Capital Partners, LLC (until 2014). |
| 2007 | Michael A. Forrester began serving on the Board of Trustees for the College Retirement Equities Fund and on the Management Committee for TIAA Separate Account VA-1 (until 2023). |
| 2007 | Thomas J. Kenny began serving as Trustee and Chairman of the College Retirement Equities Fund and Manager and Chairman of TIAA Separate Account VA-1 (until 2023). |
| 2007 | John K. Nelson began serving as Chief Executive Officer of ABN AMRO Bank N.V., North America (until 2008). |
| 2007 | Loren M. Starr began serving on the Board of Trustees for the College Retirement Equities Fund and on the Management Committee for TIAA Separate Account VA-1 (until 2023). |
| 2008 | Terence J. Toth's Length of Service with Fund began. |
| 2008 | Mark L. Winget's Length of Service with Fund began. |
| 2008 | Albin F. Moschner began serving as Chief Operating Officer at Leap Wireless International, Inc. (until 2011). |
| 2008 | Terence J. Toth began serving as a Director of Legal & General Investment Management America, Inc. (until 2013). |
| 2008 | Terence J. Toth began serving as a Co-Founding Partner of Promus Capital (until 2017). |
| 2008 | John K. Nelson began serving as a Member of the Board of Directors of Core12 LLC (until 2023). |
| 2009 | John K. Nelson began serving as a director of The Curran Center for Catholic American Studies (until 2018). |
| 2009 | Thomas J. Kenny began serving as Board Member and former President of the Board of Crane Country Day School (until 2019). |
| 2009 | Joanne T. Medero joined BlackRock, Inc. as a Managing Director in the Government Relations and Public Policy Group (until 2020). |
| 2010 | Thomas J. Kenny began serving as Advisory Director at Goldman Sachs Asset Management (until 2011). |
| 2010 | Joanne T. Medero began chairing the CTA (Commodity Trading Advisor), CPO (Commodity Pool Operator) and Futures Committee of the Managed Funds Association (until 2012). |
| 2010 | Robert L. Young began serving as Chief Operating Officer and Director of J.P. Morgan Investment Management Inc. (until 2016). |
| 2010 | John K. Nelson began serving as a director of The Presidents Council of Fordham University (until 2019). |
| 2010 | Terence J. Toth began serving as a Director of Fulcrum IT Service LLC (until 2019). |
| 2011 | Albin F. Moschner began serving as a consultant at Leap Wireless International, Inc. (until 2012). |
| 2011 | John K. Nelson began serving as a trustee and Chairman of The Board of Trustees of Marian University (until 2013). |
| 2011 | Margaret L. Wolff began serving as Vice Chair of the Board of Trustees of Mt. Holyoke College (until 2015). |
| 2012 | Albin F. Moschner founded Northcroft Partners, LLC. |
| 2012 | Terence J. Toth joined the Mather Foundation Board. |
| 2012 | Terence J. Toth began serving as a Director of LogicMark LLC (until 2016). |
| 2012 | Matthew Thornton III began serving as a member of the Board of Directors of Safe Kids Worldwide (until 2018). |
| 2012 | Albin F. Moschner began serving as a member of the Board of Directors of USA Technologies, Inc. (until 2019). |
| 2012 | Thomas J. Kenny began serving as Investment Committee Member of Cottage Health System (until 2020). |
| 2012 | Terence J. Toth began serving as a Director of Quality Control Corporation (until 2021). |
| 2012 | John K. Nelson began serving as Senior External Advisor to the Financial Services practice of Deloitte Consulting LLP (until 2014). |
| 2013 | John K. Nelson's Length of Service with Fund began. |
| 2013 | Mark J. Czarniecki's Length of Service with Fund began. |
| 2013 | Robert L. Young began serving as President and Principal Executive Officer of J.P. Morgan Funds (until 2016). |
| 2013 | Margaret L. Wolff began serving as a board member of Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company (until 2017). |
| 2014 | Matthew Thornton III joined The Sherwin-Williams Company Board of Directors. |
| 2014 | Margaret L. Wolff retired from Skadden, Arps, Slate, Meagher & Flom LLP. |
| 2014 | Michael A. Forrester began serving as Chief Executive Officer of Copper Rock Capital Partners, LLC (until 2021). |
| 2014 | Terence J. Toth began serving as Chair of the Board of the Kehrein Center for the Arts (until 2024). |
| 2015 | David J. Lamb's Length of Service with Fund began. |
| 2015 | Thomas J. Kenny joined Aflac Incorporated Board of Directors. |
| 2015 | Loren M. Starr began serving as Chair and member of the Board of Trustees, Georgia Council on Economic Education (GCEE) (until 2018). |
| 2015 | Margaret L. Wolff began serving as Chair of The John A. Hartford Foundation (until 2022). |
| 2016 | Albin F. Moschner's Length of Service with Fund began. |
| 2016 | Nathaniel T. Jones's Length of Service with Fund began. |
| 2016 | Margaret L. Wolff's Length of Service with Fund began. |
| 2016 | Kevin J. McCarthy began serving as Secretary of NWQ Investment Management Company, LLC and Santa Barbara Asset Management, LLC (until 2021). |
| 2017 | Diana R. Gonzalez's Length of Service with Fund began. |
| 2017 | William A. Siffermann's Length of Service with Fund began. |
| 2017 | Robert L. Young's Length of Service with Fund began. |
| 2017 | Thomas J. Kenny began serving as Advisory Board Member of BBox (until 2019). |
| 2017 | Terence J. Toth began serving as Investment Committee Chair of Mather Foundation (until 2022). |
| 2018 | Joseph A. Boateng joined Lumina Foundation Board. |
| 2018 | Matthew Thornton III began serving as Executive Vice President and Chief Operating Officer of FedEx Freight Corporation (until 2019). |
| 2018 | Joanne T. Medero began serving as Senior Advisor to BlackRock's Vice Chairman (until 2020). |
| 2018 | Joseph A. Boateng began serving on the Board of Trustees for the College Retirement Equities Fund (until 2023). |
| 2019 | Joseph A. Boateng's Length of Service with Fund Complex began. |
| 2019 | Michael A. Forrester joined Dexter Southfield School Board of Trustees. |
| 2019 | Brian J. Lockhart's Length of Service with Fund began. |
| 2019 | Joanne T. Medero joined Baltic-American Freedom Foundation Board of Directors. |
| 2019 | Joseph A. Boateng began serving as Manager of TIAA Separate Account VA-1 (until 2023). |
| 2020 | Matthew Thornton III's Length of Service with Fund began. |
| 2020 | Matthew Thornton III joined Crown Castle International Board of Directors. |
| 2020 | Amy B. R. Lancellotta joined Jewish Coalition Against Domestic Abuse (JCADA) Board of Directors. |
| 2020 | Michael A. Forrester joined Governing Council of the Independent Directors Council (IDC). |
| 2020 | Loren M. Starr began serving as Vice Chair, Senior Managing Director for Invesco Ltd. (until 2021). |
| 2021 | Amy B. R. Lancellotta's Length of Service with Fund began. |
| 2021 | Joanne T. Medero's Length of Service with Fund began. |
| 2021 | Loren M. Starr became Independent Consultant/Advisor. |
| 2021 | Joseph A. Boateng joined Waterside School Board. |
| 2021 | Thomas J. Kenny began serving as Director of ParentSquare (until 2022). |
| 2022 | Brett E. Black's Length of Service with Fund began. |
| 2022 | John M. McCann's Length of Service with Fund began. |
| 2022 | Rachael Zufall's Length of Service with Fund began. |
| 2022 | Loren M. Starr's Length of Service with Fund began. |
| 2022 | Margaret L. Wolff was last elected to the Funds Board as a Class I Board Member at the annual meeting of shareholders held on August 5, 2022. |
| 2023 | Brian H. Lawrence's Length of Service with Fund began. |
| 2023 | Amy B. R. Lancellotta became President of the Board of Directors, Jewish Coalition Against Domestic Abuse (JCADA). |
| 2023 | Robert L. Young was last elected to the Funds Board as a Class I Board Member at the annual meeting of shareholders held on August 9, 2023. |
| 2023 | Board Members Lancellotta, Nelson, Toth and Young were last elected to Municipal Income's Board as Class I Board Members at the annual meeting of shareholders held on August 9, 2023. |
| 2023 | Board Members Lancellotta, Nelson and Toth were last elected to the Funds Board as Class II Board Members at the annual meeting of shareholders held on August 9, 2023. |
| 2024 | Marc Cardella's Length of Service with Fund began. |
| 2024 | Jeremy D. Franklin's Length of Service with Fund began. |
| 2024 | Joseph T. Castro's Length of Service with Fund began. |
| January 1, 2024 | Michael A. Forrester and Thomas J. Kenny were appointed by the Board to the Funds Board. |
| January 1, 2024 | Joseph A. Boateng was appointed by the Board to Municipal Income's Board. |
| January 1, 2024 | Loren M. Starr was appointed by the Board to the Funds Board. |
| August 8, 2024 | Board Members Medero, Moschner and Thornton were last elected to Municipal Income's Board as Class II Board Members. |
| August 8, 2024 | Board Members Medero, Moschner and Thornton were last elected to the Funds Board as Class III Board Members. |
| August 8, 2024 | Board Members Medero, Starr and Thornton were last elected to the Funds Board as Class III Board Members. |
| August 8, 2024 | Board Members Moschner and Wolff were last elected to the Funds Board. |
| August 15, 2024 | Board Members Medero, Starr and Thornton were last elected the Funds Board as Class III Board Members. |
| August 15, 2024 | Board Members Moschner and Wolff were last elected to the Funds Board. |
| March 1, 2024 | The Board approved a change of New York AMT-Free, New York Quality Income and New York Values fiscal year end from February 28/29 to August 31. |
| 2024 | Michael A. Forrester joined Aflac Incorporated Board of Directors. |
| 2024 | Loren M. Starr joined AMG Board of Directors. |
| December 31, 2024 | Most recent information available regarding valuation of shares of certain companies where Board Members own securities. |
| January 1, 2025 | Independent Board Members compensation structure changed. |
| 2025 | Robert L. Young became Chair of the Board. |
| March 31, 2025 | Fiscal year end for Select Maturities and Taxable Income. |
| May 31, 2025 | Date for beneficial ownership information of equity securities by Board Members. |
| June 20, 2025 | Record date for shareholders entitled to notice of and to vote at the Annual Meeting. |
| June 30, 2025 | Date of Notice of Annual Meeting of Shareholders and Joint Proxy Statement. |
| July 2, 2025 | Joint Proxy Statement first mailed to shareholders on or about this date. |
| August 14, 2025 | Date of Annual Meeting of Shareholders. |
| August 31, 2024 | Last fiscal year end for New York AMT-Free, New York Value and New York Quality Income. |
| October 31, 2024 | Last fiscal year end for AMT-Free Credit Income, AMT-Free Value, AMT-Free Quality, Dynamic Municipal, Credit Income, Municipal High Income, Municipal Income, Municipal Value and Quality Income. |
| March 5, 2026 | Deadline for shareholder proposals for 2026 annual meeting under Rule 14a-8. |
| April 4, 2026 | Earliest date for shareholder notice of proposals for Massachusetts Funds under Rule 14a-4(c)(1). |
| April 19, 2026 | Latest date for shareholder notice of proposals for Massachusetts Funds under Rule 14a-4(c)(1). |
| May 4, 2026 | Earliest date for shareholder notice of proposals for Minnesota Funds under Rule 14a-4(c)(1). |
| May 19, 2026 | Latest date for shareholder notice of proposals for Minnesota Funds under Rule 14a-4(c)(1). |
Keywords
Nuveen, Municipal Funds, SEC Filing, Proxy Statement, Corporate Governance, Board of Directors, Shareholder Meeting, Investment Management, Closed-End Funds, Risk Management, Audit Committee, Compliance, Shareholder Vote, Fund Complex, Fixed Income
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