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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 9/19/2014 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

Nuveen Dividend Advantage Municipal Fund calls 350 series 1 preferreds

By Tali Rackner

Norfolk, Va., Sept. 19 – Nuveen Investments announced that the Nuveen Dividend Advantage Municipal Income Fund plans to redeem 350 of its series 1 variable-rate demand preferred shares, according a Rule 23c-2 filing with the Securities and Exchange Commission.

The preferreds will be redeemed on Oct. 21 at a liquidation preference of $100,000 per share.

Nuveen is a Chicago-based investment services company.


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