Business & Finance
Business and Finance
Business and Finance
Fri, May 27, 2011
Thu, May 26, 2011 Nuveen Municipal High Income Opportunity Fund Issues At-Par Redemption Notices for Auction-Rate Preferred Securities
CHICAGO--([ BUSINESS WIRE ])--Nuveen Investments, a leading global provider of investment services to institutions as well as high-net-worth and affluent investors,today announced that the Nuveen Municipal High Income Opportunity Fund (AMEX: NMZ) called for redemption at par all of its outstanding auction-rate preferred securities (ARPS). The funda™s Board of Trustees has approved this redemption, which totals $95 million and will be funded from the funda™s credit facility, tender option bond proceeds and available portfolio cash.
NMZ is redeeming all of its $95.0 million of currently outstanding ARPS.
| Series | Cusip # | Total Shares | Total Amount | Redemption | ||||||||
| M | 670682202 | 1,826 | $45,650,000 | June 17, 2011 | ||||||||
| T | 670682301 | 987 | $24,675,000 | June 20, 2011 | ||||||||
| W | 670682400 | 987 | $24,675,000 | June 21, 2011 | ||||||||
For more information about Nuveen closed-end funds, visit [ www.nuveen.com/cef ]. ARPS information and updates are posted on Nuveena™s auction-rate preferred resource center at [ www.nuveen.com/arps ].
Nuveen Investments provides high quality investment services designed to help secure the long-term goals of institutions, high net worth and affluent investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates - NWQ, Nuveen Asset Management, Santa Barbara, Symphony, Tradewinds and Winslow Capital. In total, Nuveen Investments had $212 billion of assets under management as of April 30, 2011. For more information, please visit the Nuveen Investments website at [ www.nuveen.com ].
