JHY News and Press, Nuveen High Income 2020 Target Term Fund of Beneficial Interest From 10/01/20

The Nuveen High Income 2020 Target Term Fund (NYSE: JHY) today announced new details concerning its liquidation. Consistent with its investment objectives and organizational documents, the fund plans to terminate its existence and liquidate on or about 30 October 2020. As the fund a...

The Nuveen High Income 2020 Target Term Fund (NYSE: JHY) daily net asset values per common share (NAVs) published for each business day during the period from 17 August 2020 through 2 September 2020 were incorrect. The fund’s published NAV on each business day during that period ...

Seacoast Commerce Bank Outsources IT Infrastructure with Jack Henry, Strengthening Security and Boosting Efficiencies $1.2 billion-asset bank completes seamless remote conversion to Gladiator Hosted Network Solutions to better manage security, compliance, and business demands ...

Author's note : This article was released to CEF/ETF Income Laboratory members on September 1, 2020 with certain numbers updated. Please check latest data before investing. From this month's Chemist's "Quality" CEF Report , I'm going to change tack a bit and look at a fund outside of...

Portfolio manager responsibilities for twelve closed-end funds have been updated. Michael Ainge, Anders Persson, Bernard Wong and Jenny Rhee are being removed as portfolio managers from several funds. Jake Fitzpatrick, Chris Williams and Kevin Lorenz are being added as portfolio managers to s...

(This report was issued to members of Yield Hunting on July 15). Term trusts closed-end funds ("CEFs") are part of the asset allocation framework for Building a Better Income Portfolio. They tend to be lower risk compared to comparable perpetual trust CEFs given that they have a defined ...

Author's note: this article was released to members of CEF/ETF Income Laboratory on June 28, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors ...

By Tobias Adrian, Financial Counsellor and Director of the IMF's Monetary and Capital Markets Department and Fabio M. Natalucci, Deputy Director of the Monetary and Capital Markets Department Much the same way COVID-19 hits people with pre-existing health conditions more strongly, so is th...

Over the last few weeks, we have discussed the details of leverage changes of various PIMCO CEFs across a number of articles. The reason for our focus on changes in leverage and borrowings has to do with the outsized impact these fund characteristics have on fund earnings, distribution sustain...

The Nuveen High Income 2020 Target Term Fund (NYSE: JHY) has entered the wind-up period in anticipation of its termination date. The fund is a “target term” fund that will cease its investment operations and liquidate its portfolio on November 1, 2020 and distribute the net proc...