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Morningstar, Inc. Commentaries

CEF Weekly Update - May 6, 2014

May 6, 2014
Click here to access CEF Weekly Update

Fund Mergers

Nuveen announced the restructuring and combination of several of its equity-option closed-end funds in order to streamline its offerings. The funds affected includeNuveen Equity Premium Income (JPZ)Nuveen Equity Premium & Growth(JPG),  Nuveen Equity Premium Opportunity (JSN)Nuveen Equity Premium Advantage (JLA)Dow 30 Premium & Dividend Income (DPD)Dow 30 Enhanced Premium & Income (DPO), and NASDAQ Premium Income & Growth(QQQX).

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Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individuals, financial advisors, and institutions.

Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services and has approximately $195 billion in assets under advisement or management as of Sept. 30, 2012. We have operations in 27 countries.