Nuveen Closed-End Fund Merger Complete

The reorganization of the Diversified Real Asset Income Fund (NYSE: DRA) into the Nuveen Real Asset Income and Growth Fund (NYSE: JRI) was completed prior to the open of the New York Stock Exchange on September 11, 2017.

As previously announced, the funds have been reorganized as follows:

Acquired Fund

Symbol

Acquiring Fund

Symbol

        
      
      
        
          Diversified Real Asset Income Fund
        
        
           
        
        
           
        
        
          DRA
        
        
           
        
        
           
        
        
          Nuveen Real Asset Income and Growth Fund
        
        
           
        
        
           
        
        
          JRI
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
    
    

In the reorganization, JRI acquired substantially all of the assets and liabilities of DRA in a tax-free transaction in exchange for an equal aggregate value of newly-issued common shares of JRI. The exchange took place based upon the funds’ closing net asset values on September 8, 2017. The exchange ratio at which common shares of DRA were exchanged for common shares of JRI is listed below:

Fund

Exchange Ratio

        
      
      
        
          Diversified Real Asset Income Fund
        
        
           
        
        
           
        
        
          1.00249699
        
      
      
        
        
        
        
        
        
        
           
        
      
    
    

About Nuveen

Nuveen offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. As the investment management arm of TIAA, Nuveen has $929 billion in assets under management as of 6/30/17 and operations in 16 countries. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.

Nuveen Securities, LLC, member FINRA and SIPC.

The information contained on the Nuveen website is not a part of this press release.

256741-INV-O-09/19

View source version on businesswire.com: http://www.businesswire.com/news/home/20170911005319/en/

NuveenKristyna Munoz, [e-mail]