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Two Nuveen municipal funds to redeem MuniFund term preferred shares
By Tali Rackner
Minneapolis, Jan. 30 - Nuveen Investments said the Nuveen North Carolina Premium Income Municipal Fund and the Nuveen Connecticut Premium Income Municipal Fund will redeem all of their MuniFund term preferred shares on March 3.
The shares will be redeemed at $10 liquidation value per share, plus distribution amounts owed, according to a press release.
Computershare Inc. is the redemption and paying agent.
Nuveen is a Chicago-based investment services company.
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