Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that shareholders of Nuveen Quality Preferred Income Fund (NYSE: JTP), Nuveen Quality Preferred Income Fund 2 (NYSE: JPS), and Nuveen Quality Preferred Income Fund 3 (NYSE: JHP) have approved a plan to merge the three funds.

As previously announced, the funds will be merged as follows:

 
Acquired Fund     Symbol     Acquiring Fund     Symbol
Nuveen Quality Preferred Income Fund     JTP    

 

Nuveen Quality Preferred
Income Fund 2, to be
renamed Nuveen Preferred
Securities Income Fund

    

JPS

Nuveen Quality Preferred Income Fund 3 JHP
                 
 

Subject to the satisfaction of certain customary closing conditions, the reorganization is expected to close prior to the opening of the New York Stock Exchange on May 9, 2016. Certain investment policy changes will also go into effective upon closing. A Q&A posted on Nuveen’s web site provides a summary of the proposed merger and investment policy changes.

Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual 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—Nuveen Asset Management, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and independent investment subsidiaries of Nuveen Investments, Inc. Funds are distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen Investments operates as a separate subsidiary within TIAA-CREF, which is a leading provider of retirement and financial services in the academic, research, medical and cultural fields. In total, Nuveen Investments managed approximately $225 billion as of December 31, 2015. For more information, please visit the Nuveen Investments website at www.nuveen.com.

14734-INV-O-03/17