Nuveen Winslow Large-Cap Growth changes criteria for selling stock

By Toni Weeks

San Diego, March 2 - Nuveen Winslow Large-Cap Growth Fund announced that its subadviser, Winslow Capital Management, Inc., has changed its criteria for when it sells stock.

According to a 497 filing with the Securities and Exchange Commission, Winslow will typically sell some or all of a position in a stock when one of three criteria is satisfied, one of which is that a position exceeds the greater of 5% of the fund or a 1% active overweight versus its benchmark.

Currently, Winslow sells some or all of a position in a stock when a position exceeds 5% of the fund.

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

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