Nuveen Announces Completion of Closed-End Fund Merger

Nuveen, an operating division of TIAA Global Asset Management, today announced that the merger of the Nuveen Global Equity Income Fund (NYSE: JGV) with and into the open-end Nuveen NWQ Global Equity Income Fund (NQGAX) was completed prior to the open of the New York Stock Exchange on October 17, 2016. As part of this merger, JGV shareholders received Class A shares of the NWQ fund as previously announced.

Effective today, former JGV shareholders now hold shares of the Nuveen NWQ Global Equity Income Fund. Shares of the NWQ fund may be purchased or redeemed on any business day. The exchange of shares took place based upon the funds’ closing net asset values on October 14, 2016. The exchange ratio at which shares of each JGV were exchanged for shares of NQGAX is listed below:

Fund

Exchange Ratio

        
      
      
        
          Nuveen Global Equity Income Fund (JGV)
        
        
        
        
          0.47919923
        
      
    
    

Nuveen provides investment solutions designed to help secure the long-term goals of individual investors and the advisors who serve them. Through the investment expertise of leading asset managers across traditional and alternative asset classes, Nuveen is committed to delivering consultative guidance that aligns with client needs. Funds are distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen is an operating division of TIAA Global Asset Management. For more information, please visit the Nuveen website at www.nuveen.com.

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

19783-INV-O-10/17

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NuveenMedia Contact:Kristyna Munoz, [e-mail]