NEW YORK–(BUSINESS WIRE)–Portfolio manager responsibilities for six closed-end funds for which
Symphony Asset Management serves as subadvisor have been updated. There
will be no impact on the investment approach, investment strategies or
any of the funds’ investment objectives or policies.
Information on the portfolio management transition is outlined in the
two tables below.
| Portfolio | |||||||||
| Current Portfolio | Management Team | ||||||||
| Ticker | Fund Name | Management Team | Effective 5/23/2019 | ||||||
| JQC | Nuveen Credit Strategies Income Fund | Sutanto Widjaja | Sutanto Widjaja | ||||||
| Scott Caraher | |||||||||
| Jenny Rhee | |||||||||
| NSL | Nuveen Senior Income Fund | Scott Caraher | Scott Caraher | ||||||
| Jenny Rhee | |||||||||
| JRO |
Nuveen Floating Rate Income Opportunity Fund |
Scott Caraher | Scott Caraher | ||||||
|
|
Jenny Rhee | ||||||||
| JFR | Nuveen Floating Rate Income Fund | Scott Caraher | Scott Caraher | ||||||
| Jenny Rhee |
The portfolio management updates listed below are applicable to the
sleeve of the funds managed by Symphony Asset Management, an affiliate
of Nuveen.
| Portfolio | |||||||||
| Current Portfolio | Management Team | ||||||||
| Ticker | Fund Name | Management Team | Effective 5/23/2019 | ||||||
| JTA | Nuveen Tax-Advantaged Total Return Strategy Fund | Scott Caraher | Scott Caraher | ||||||
| Jenny Rhee | |||||||||
| JDD | Nuveen Diversified Dividend & Income Fund | Scott Caraher |
Scott Caraher
Jenny Rhee |
Mr. Caraher is a Co-Head of Investments, a member of the Risk Committee
and responsible for Symphony’s retail and institutional bank
loan-focused portfolios, including credit trading related to bank loans.
Mr. Caraher has served more than 15 years at Symphony. Prior to joining
the firm in 2002, he was an Investment Banking Analyst in the industrial
group at Deutsche Banc Alex Brown in New York. Mr. Caraher received a BS
in finance from Georgetown University.
Ms. Rhee is a Co-Head of Investments, a member of the Risk Committee and
responsible for all of Symphony’s high-yield strategies, including the
Long-Short Credit Strategy, the long-only Credit Opportunities Strategy
and credit trading related to high yield. She has served more than 15
years at Symphony. Prior to joining the firm in 2001, she was a member
of the equity research team at Epoch Partners, and she began her career
as an Investment Banking Analyst at Credit Suisse First Boston. Ms. Rhee
received a BS in business administration from the University of
California, Berkeley.
For more general closed-end fund information and education, please visit
Nuveen’s closed-end fund website.
About Nuveen
Nuveen, the investment manager of TIAA, offers a comprehensive range of
outcome-focused investment solutions designed to secure the long-term
financial goals of institutional and individual investors. Nuveen has
$989 billion in assets under management as of 3/31/19 and operations in
16 countries. Its affiliates offer deep expertise across a comprehensive
range of traditional and alternative investments through a wide array of
vehicles and customized strategies. For more information, please visit www.nuveen.com.
Nuveen Securities, LLC, member FINRA and SIPC.
Symphony Asset Management LLC is a registered investment adviser and an
affiliate of Nuveen, LLC.
The information contained on the Nuveen website is not a part of this
press release.
855087-INV-AN-05/21
Contacts
Kristyna Munoz
312-917-8343
[email protected]
