Nuveen Municipal 2021 Target Term Fund Announces Termination and Liquidation
The Nuveen Municipal 2021 Target Term Fund (NYSE: NHA) successfully completed its termination and liquidation following the close of business on March 1, 2021. The termination and liquidation was performed in accordance with the Fund’s investment objectives and organizational documents, consistent with the fund’s previously announced liquidation plans.
The Nuveen Municipal 2021 Target Term Fund launched on January 26, 2016 as a short duration municipal strategy, with two investment objectives, to provide high current income and return the original net asset value (NAV) of
The fund is returning to shareholders an extended NAV of
Per share details are as follows:
Special distribution declared on February 12, 2021 |
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Final liquidating distribution announced today |
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Total distribution |
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The fund distributed
Shareholders may recognize gain or loss for U.S. tax purposes as a result of the liquidation. Nuveen does not provide tax advice; investors should consult a professional tax advisor regarding their specific tax situation.
For more information, please visit Nuveen’s CEF homepage www.nuveen.com/closed-end-funds.
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
Nuveen Securities, LLC, member FINRA and SIPC.
The information contained on the Nuveen website is not a part of this press release.
FORWARD LOOKING STATEMENTS
Certain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:
- market developments;
- legal and regulatory developments; and
- other additional risks and uncertainties.
Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statement.
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