Unlocking Wealth: Nuveen’s Game-Changing CLO Strategies Launch!

Nuveen Expands Horizons with Innovative Private Markets Education for Advisors

NEW YORK, Dec. 10, 2024 /PRNewswire/ — Nuveen, the trusted investment manager of TIAA, is taking a bold leap forward in the alternative investment space by unveiling a new collateralized loan obligation (CLO) exchange-traded fund (ETF) tailored for savvy investors.

This cutting-edge ETF specifically targets the single A segment—a refreshing departure from the typical focus on triple A-rated CLOs. It’s the latest addition to Nuveen’s long-standing commitment to providing diverse alternative investment options.

“With an increased understanding of the robust yields and lower default rates associated with CLOs, our clients are clamoring for this exciting alternative credit allocation to enhance their traditional income portfolios,” shared Jeff Carlin, Head of Global Wealth Advisory Services at Nuveen.

As part of a strategy to broaden access to mezzanine and equity tranches of CLOs, Nuveen plans to transform the existing Nuveen CLO Opportunities Fund into the Nuveen Enhanced CLO Income Fund, a proposed interval fund, in Q1 2025.

Nuveen’s dedicated leveraged finance team, consisting of 40 investment professionals, expertly manages over $43 billion in assets across CLOs, high-yield credit, syndicated loans, and alternative credit strategies. Within this, the CLO platform alone boasts an impressive $17.8 billion.

Empowering Advisors for Success in Private Markets

The launch of Nuveen’s innovative Private Markets Institute highlights the firm’s dedication to equipping advisors and their clients with the tools they need to achieve their investment aspirations. This Institute offers a wealth of educational resources and practical strategies aimed at optimizing portfolio construction and asset class implementation, enabling advisors to engage their clients more effectively about private market opportunities.

“We empower advisors with a structured educational framework that they can enter at their convenience, enhancing their knowledge about private market assets,” stated Joy Crenshaw, CIMA, Head of Advisor Development at Nuveen. “Our approach is tailored to their experience level, providing actionable insights on how private market allocations can cater to investors’ unique requirements.”

One of the standout features of this support is the provision of clear, ready-to-use “talk tracks” that advisors can utilize to initiate and maintain meaningful discussions with clients about private markets. The Institute also offers informative materials that simplify the complexities of these investments, making it easy for advisors to share them with clients for thorough review.

“Investors are increasingly looking to diversify and build resilient portfolios that perform better through these asset classes,” emphasized Crenshaw. “Advisors are realizing that by facilitating access to alternative assets, they can significantly enhance their value to clients.”

A Legacy of Commitment to Alternative Investments

With an astounding $294 billion in alternative assets under management, Nuveen offers an impressive array of products designed to democratize access to private assets for individual investors and advisors. These include exciting ventures into real estate, farmland, and private capital such as:

• Nuveen’s global cities real estate strategy, which invests in core private real estate sectors by identifying locations poised for demographic and structural megatrends.
• Nuveen and Churchill’s private credit strategy, providing opportunities in private capital investments across the U.S. middle market.
• Nuveen’s global farmland strategy, offering access to high-quality, globally diversified agricultural assets.

Media Contacts
Sally Lyden | [email protected] | 646.984.1913
E-Soo Kim | [email protected] | 551.224.4919

About Nuveen
Nuveen, the investment manager of TIAA, provides a comprehensive suite of outcome-focused investment solutions crafted to secure the long-term financial objectives of both institutional and retail investors. With $1.3 trillion in assets under management as of Sept 30, 2024, and presence in 27 countries, Nuveen’s specialists bring forth vast expertise across an extensive range of traditional and alternative investments through a plethora of vehicles and tailored strategies. Discover more at www.nuveen.com.

Nuveen Securities, LLC, member FINRA and SIPC.

*This Fund has filed a registration statement (including a preliminary prospectus) with the SEC regarding the offering this communication pertains to. Before investing, carefully read the preliminary prospectus that accompanies this brochure, reflecting on the Fund’s objectives, policies, risks, and expenses. Once the registration statement becomes effective, the final prospectus containing this information will be available. You can obtain these documents by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, the Fund, any underwriter, or dealer involved in this offering can send you the preliminary prospectus free of charge if you request it by calling 800-257-8787. Capitalized terms not defined in this brochure carry the meanings given in the preliminary prospectus.

An interval fund is a non-diversified, closed-end management investment company that continually offers its common shares. It is not designed to serve as a complete investment program, and due to inherent investment uncertainties, there can be no assurance that the fund will meet its objectives. The performance and value of an interval fund’s investments may fluctuate due to various factors, including interest rate changes, inflation, the financial condition of issuers, and market perceptions. At any given time, common shares may be valued at less than your original investment, even when accounting for reinvested dividends and distributions.

Investors should thoroughly evaluate investment objectives, policies, risks, charges, and expenses of a fund before committing. To obtain a prospectus that includes this and other pertinent information, please reach out to your securities representative or Nuveen Securities, LLC, 333 W. Wacker Drive, Chicago, IL 60606. Always review the applicable prospectus carefully before investing or remitting funds.

This document does not constitute an offer to sell securities nor solicits an offer to purchase securities in any jurisdiction where such offers are not permissible. Securities for a fund cannot be sold until the registration statement filed with the SEC is declared effective.

Exchange-Traded Funds (ETFs) cannot be marketed or advertised as open-end investment companies or mutual funds. ETF shares are traded at market price rather than net asset value, which could lead to investors paying more than the net asset value when buying, or receiving less when selling. Brokerage commissions may also reduce overall returns. Fund shares are not directly redeemable but can be acquired and tendered for redemption through certain institutional investors in Creation Units.

Investing carries inherent risks; principal loss is a possibility. Fixed-income securities are particularly sensitive to general market movements and are subject to credit and interest rate risks. The risks associated with Collateralized Loan Obligations (CLO) include potential inadequacies in collateral distributions, decline in collateral quality, and underperformance by the CLO manager.

All these and other risks, including those related to active management, derivatives, extension, illiquidity, issuer volatility, and income fluctuations, are thoroughly detailed in the Fund’s prospectus.

Before investing, carefully consider fund investment objectives, risks, charges, and expenses. For more information, please request a prospectus or summary prospectus from your financial advisor or Nuveen at 888.849.5734 or visit nuveen.com.

Nuveen Fund Advisors, LLC serves as the adviser to the Fund, and Nuveen Asset Management, LLC serves as the sub-adviser; both are subsidiaries of Nuveen, LLC. Nuveen Securities, LLC, member FINRA and SIPC.

¹ As of 9/30/24