Nuveen All-American Municipal Bond Fund tweaks portfolio maturity

By Toni Weeks

San Diego, Jan. 4 - The Nuveen All-American Municipal Bond Fund said it will now normally seek to maintain an investment portfolio with an overall weighted average maturity in excess of 10 years, according to a 497 filing with the Securities and Exchange Commission.

Previously, the fund aimed for a weighted average portfolio maturity of 15 to 30 years under normal conditions.

The fund's investment adviser is Chicago-based Nuveen Fund Advisors, Inc.

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