DEFA14A: Nuveen Funds Announce Adjournment of Annual Shareholder Meetings to May 31, 2024

Nuveen Core Plus Impact Fund (NPCT), Nuveen Variable Rate Preferred & Income Fund (NPFD), Nuveen Multi-Asset Income Fund (NMAI) and Nuveen Real Asset Income and Growth Fund (JRI) have adjourned their annual shareholder meetings to May 31, 2024, to allow for further solicitation of shareholder votes.

Summary

• Nuveen Core Plus Impact Fund (NPCT), Nuveen Variable Rate Preferred & Income Fund (NPFD), Nuveen Multi-Asset Income Fund (NMAI), and Nuveen Real Asset Income and Growth Fund (JRI) have adjourned their annual shareholder meetings.
• The meetings have been rescheduled to May 31, 2024, to allow for additional solicitation of shareholder votes.
• Preferred shareholders of NPCT and NPFD voted to elect Trustee nominees at the Annual Meeting.
• The reconvened Annual Meetings will be held at Nuveen's offices at 333 West Wacker Drive, Chicago, Illinois 60606, with staggered times for each fund.
• The record date of January 19, 2024, for shareholders entitled to vote remains unchanged.
• Shareholders are encouraged to vote online, by phone, or by mail using the provided WHITE proxy card.
• Computershare Fund Services can be contacted toll-free at 866-410-5798 for any questions about the proposals.

Sentiment

Score: 6

Explanation: The announcement is neutral, simply stating the adjournment of the annual meetings to solicit more votes. It doesn't contain any overtly positive or negative information.

Positives

• Shareholders are given multiple options to vote (online, phone, mail), making it convenient for them to participate.
• The adjournment allows for a more comprehensive solicitation of votes, potentially leading to a more representative outcome.
• Contact information is provided for shareholders who have questions about the proposals.

Risks

• The need to adjourn the meeting suggests potential difficulty in achieving quorum or securing sufficient votes for the proposals.
• Extended solicitation may incur additional proxy costs.

Future Outlook

The funds will proceed with the reconvened Annual Meetings on May 31, 2024, after further soliciting shareholder votes.

Industry Context

Fund companies often adjourn annual meetings to ensure sufficient shareholder participation and to pass key proposals. This is a common practice in the investment management industry.

Stakeholder Impact

• Shareholders are impacted by the delay in the annual meeting and the need to vote again.
• The funds will incur additional proxy solicitation costs.

Next Steps

• Further solicitation of shareholder votes.
• Reconvened Annual Meetings on May 31, 2024.
• Shareholders to vote using the provided proxy card.

Key Dates

Keywords

Annual Meeting, Shareholder Vote, Proxy Solicitation, Nuveen, NPCT, NPFD, NMAI, JRI, Funds