Nuveen closed-end fund announces intention to redeem preferred shares

The nuveen short duration credit opportunities fund has filed with the securities and exchange commission a notice of intention to redeem all of the outstanding series 2020 term preferred shares. the series 2020 term preferred share redemption price will be the $1,000 liquidation preference per share, plus an additional amount representing the final accumulated distribution amounts owed. the fund expects to finance the series 2020 term preferred share redemption with the proceeds from the issuance of newly offered preferred shares and the redemption is contingent upon the completion of all aspects of such preferred share offering by the fund, which may not occur as planned. official notification of the redemption will be delivered to series 2020 term preferred share shareholders at a later date through the depository trust company.
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