Profile for Nuveen Energy MLP Total Return Fund of Beneficial Interest (JMF)

$ 7.57   -0.10 (-1.30%) Volume: 209.54k 6:30 PM EST 24-Jan-2020
Business Description:
The Fund seeks tax-advantaged total return by investing in a portfolio of Master Limited Partnerships (MLPs) in the energy sector. Under normal market circumstances, the Fund will invest at least 80% of its Managed Assets in MLPs in the energy sector. For purposes of the 80% policy, the Fund considers investments in MLPs to include investments that offer economic exposure to publicly traded and private MLPs in the form of equity securities of MLPs, securities of entities holding primarily general partner or managing member interests in MLPs, securities that are derivatives of interests in MLPs, including I-Shares, and debt securities of MLPs. Further, the Fund considers an entity to be part of the energy sector if it derives at least 50% of its revenues from the business of exploring, developing, producing, gathering, transporting, processing, storing, refining, distributing, mining or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal. For as long as Energy MLP is in the name of the Fund, the Fund will invest at least 80% of its Managed Assets in MLPs in the energy sector. The Fund may not change its policy to invest at least 80% of its Managed Assets in MLPs in the energy sector unless it provides shareholders with at least 60 days written notice of such change.
Address: 333 West Wacker Drive, Chicago, Illinois, United States, 60606
Telephone: (800) 257-8787 Website: www.nuveen.com
Facsimile: N/A Email: N/A
Details
CEO: Cedric H. Antosiewicz
Employees: N/A Market Cap: 308.76m
Issue Type: CS
Auditor: PricewaterhouseCoopers LLP
Last Audit: Unqualified Opinion
Indices: Asset Management
Industry Classifications
Sector: Financial Services CIK: 1502711
Industry: Asset Management
Sub-Industry:    Asset Management
NAICS: Investment Advice (523930)
SIC: Unit Investment Trusts, Face-Amount Certificate Offices, And Clos (6726)