Nuveen New York fund revises share proceeds use
The Fund anticipates investing substantially all net proceeds within approximately three months after receiving them.
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Rhea-AI Filing Summary
Nuveen New York Quality Municipal Income Fund (NAN) revised the use-of-proceeds terms for Common Shares issued under its prospectus supplement. The Fund anticipates investing substantially all net proceeds in investments that meet its investment objective and policies within approximately three months after receipt. Pending investment, proceeds are expected to be invested in short-term or long-term securities issued by the U.S. Government and its agencies or instrumentalities, or in high-quality, short-term money market instruments. The Fund may also use proceeds to pay shareholder distributions.
Key Figures
Key Terms
net proceeds financial
investment objective and policies financial
money market instruments financial
Offering Details
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