Nuveen Corporate Income November 2021 Target Term Fund Announces Wind-Up Period
NEW YORK--(BUSINESS WIRE)--The Nuveen Corporate Income 2021 Target Term Fund (NYSE: JHB) 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, 2021 and distribute the net proceeds to shareholders, unless the term is extended for a period of up to six months by a vote of the fund’s Board of Trustees.
The fund has the investment objective to provide a high level of current income and to return the fund’s original $9.85 net asset value to shareholders at termination. Recent market conditions have materially increased the risk associated with achieving
