Company Profile

Company Description

This investment fund was designed to provide high current income with a targeted termination date in December 2018. Managed by Nuveen, it primarily invested in a diversified portfolio of high-yield corporate bonds and other income-generating securities. The fund aimed to return the original net asset value to shareholders upon maturity while delivering consistent income during its term. Its strategy focused on balancing risk and return within a fixed timeframe, appealing to investors seeking predictable cash flows and capital preservation. The fund's performance was closely tied to credit markets and interest rate conditions.