DIAX News

Portfolio manager responsibilities for five closed-end funds for which Nuveen Asset Management (NAM) serves as a sub-advisor have been updated. Effective immediately, Jody I. Hrazanek is no longer a portfolio manager of the funds. David A. Friar is retaining his responsibilities overseeing day-to-day management of affected mandates. There will not be an impact on the funds’ strategies, investment objectives or policies.

The portfolio management responsibilities for Nuveen Dow 30℠ Dynamic Overwrite Fund (NYSE: DIAX), Nuveen S&P 500 Dynamic Overwrite Fund (NYSE: SPXX), and Nuveen Nasdaq 100 Dynamic Overwrite Fund (NASDAQ: QQQX) will be updated. Effective August 3, 2020, Jim Campagna, Lei Liao, and Darren Tran will join the portfolio management team for the Nuveen Dynamic Overwrite Funds and will focus on each fund’s equity portfolio. David Friar will continue as a portfolio manager of the funds and will be responsible for overseeing the options strategies for each fund.