Nuveen shareholders must use funds' transfer agents to exchange shares

By Susanna Moon

Chicago, Sept. 26 - Nuveen Mutual Funds now use two transfer agents, according to a 497 filing with the Securities and Exchange Commission.

The agents may be used to exchange fund shares into an identically registered account for the same class of another Nuveen mutual fund. Exchanges between funds with different transfer agents are not allowed.

The exchange must meet the minimum purchase requirements of the fund into which it is being exchanged, the filing noted.

Previously, shareholders could purchase, redeem or exchange shares through a financial adviser or other financial intermediary or directly from the fund, according to an N-1A filing on Jan. 18, 2011.

The funds are managed by Chicago-based Nuveen Investments.

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