MATERIAL AMENDMENTS 3 nuveeng1b1_ma0228.htm NUVEEN AMENDMENT - 02.28  

AMENDMENT NO. 1 

TO THE  

AMENDED AND RESTATED BY-LAWS 

OF
NUVEEN CLOSED-END FUNDS
ORGANIZED AS
MASSACHUSETTS BUSINESS TRUSTS 

This Amendment No. 1 (this “Amendment”) to the By-Laws of Nuveen Closed-End Funds  

organized as Massachusetts business trusts, amended and restated as of October 5, 2020 (the “By-Laws”) and applicable to each Nuveen Closed-End Fund listed on Exhibit A to the By-Laws (each, a “Fund”),  is made as of February 24, 2022, in accordance with Article X of the By-Laws. Capitalized terms used herein and not otherwise herein defined are used as defined in the By-Laws. 

  

WHEREAS, a shareholder of certain Funds (the “Subject Funds”) filed a civil complaint in the U.S. District Court for the Southern District of New York (the “District Court”) against the Subject Funds, in which it asserted a claim for rescission under the 1940 Act and a declaratory judgment claim which both alleged that Article IX of the By-Laws violates Section 18(i) of the 1940 Act; and 

WHEREAS, on February 18, 2022, the District Court granted judgment in favor of the plaintiff shareholder’s claim for rescission of Article IX of the By-Laws and on the plaintiff shareholder’s declaratory judgment claim, and declared that Article IX of the By-Laws violates Section 18(i) of the 1940 Act. 

  

NOW THEREFORE 

  

1.The By-Laws of the Funds are hereby amended as follows: 

  

(a)

Article IX of the By-Laws shall be of no force and effect with respect to the Funds for so long as the judgment of the District Court is effective. 

  

(b)

If the judgment of the District Court is reversed, overturned, vacated, stayed, or otherwise nullified, Article IX of the By-Laws shall be automatically reinstated and apply to any beneficial owner of Common Shares acquired in a Control Share Acquisition, as defined in Section 9.1 of the By-Laws, regardless of whether such Control Share Acquisition occurred before or after such reinstatement, for the duration of the stay or upon issuance of the mandate reversing, overturning, vacating, or otherwise nullifying the judgment of the District Court.    

  

2.

For the avoidance of doubt, and pursuant to Section 6.9 of the By-Laws, the remainder of the By-Laws not otherwise addressed herein remain in full force and effect; and the By-Laws, as amended by this Amendment, are hereby ratified and affirmed. 

  

  

  

EXHIBIT A 

NUVEEN CLOSED-END FUNDS 

(Organized as Massachusetts Business Trusts) 

Updated as of October 5, 2020 

  

Trust 

Date Established 

Nuveen AMT-Free Municipal Credit Income Fund 

July 12, 1999 

Nuveen AMT-Free Municipal Value Fund 

November 19, 2008 

Nuveen AMT-Free Quality Municipal Income Fund 

July 28, 2002 

Nuveen Arizona Quality Municipal Income Fund 

August 24, 2012 

Nuveen California AMT-Free Quality Municipal Income Fund 

July 29, 2002 

Nuveen California Municipal Value Fund 2 

January 26, 2009 

Nuveen California Quality Municipal Income Fund 

December 1, 1998 

Nuveen California Select Tax-Free Income Portfolio 

March 30, 1992 

Nuveen Core Equity Alpha Fund 

January 9, 2007 

Nuveen Corporate Income 2023 Target Term Fund 

September 20, 2018 

Nuveen Corporate Income November 2021 Target Term Fund 

July 13, 2015 

Nuveen Credit Opportunities 2022 Target Term Fund 

September 28, 2016 

Nuveen Credit Strategies Income Fund 

March 16, 2003 

Nuveen Diversified Dividend and Income Fund 

July 18, 2003 

Nuveen DOWSM Dynamic Overwrite Fund 

May 20, 2014 

Nuveen Dynamic Municipal Opportunities Fund 

November 4, 2019 

Nuveen Emerging Markets Debt 2022 Target Term Fund  

June 1, 2017 

Nuveen Enhanced Municipal Value Fund 

July 27, 2009 

Nuveen Floating Rate Income Fund 

January 15, 2004 

Nuveen Floating Rate Income Opportunity Fund 

April 27, 2004 

Nuveen Georgia Quality Municipal Income Fund 

October 26, 2001 

Nuveen Global High Income Fund 

August 5, 2014 

Nuveen High Income 2020 Target Term Fund 

April 13, 2015 

Nuveen Intermediate Duration Municipal Term Fund 

October 11, 2012 

Nuveen Intermediate Duration Quality Municipal Term Fund 

December 11, 2012 

Nuveen Maryland Quality Municipal Income Fund 

January 12, 1993 

Nuveen Massachusetts Quality Municipal Income Fund 

January 12, 1993 

Nuveen Michigan Quality Municipal Income Fund 

August 24, 2012 

Nuveen Minnesota Quality Municipal Income Fund 

April 28, 2014 

Nuveen Missouri Quality Municipal Income Fund 

March 29, 1993 

Nuveen Mortgage and Income Fund 

September 10, 2009 

Nuveen Multi-Market Income Fund 

April 30, 2014 

Nuveen Municipal 2021 Target Term Fund 

October 13, 2015 

Nuveen Municipal Credit Income Fund 

March 21, 2001 

Nuveen Municipal Credit Opportunities Fund 

April 18, 2019 

Nuveen Municipal High Income Opportunity Fund 

October 8, 2003 

Nuveen NASDAQ 100 Dynamic Overwrite Fund 

May 20, 2004 

Nuveen New Jersey Municipal Value Fund 

January 26, 2009 

Nuveen New Jersey Quality Municipal Income Fund 

June 1, 1999 

Nuveen New York AMT-Free Quality Municipal Income Fund 

July 29, 2002 

Nuveen New York Municipal Value Fund 2 

January 26, 2009 

Nuveen New York Quality Municipal Income Fund 

December 1, 1998 

Nuveen New York Select Tax-Free Income Portfolio 

March 30, 1992 

Nuveen Ohio Quality Municipal Income Fund 

August 24, 2012 

Nuveen Pennsylvania Municipal Value Fund 

January 26, 2009 

Nuveen Pennsylvania Quality Municipal Income Fund 

December 19, 1990 

Nuveen Preferred & Income Opportunities Fund 

January 27, 2003 

Nuveen Preferred & Income Securities Fund  

June 24, 2002 

Nuveen Preferred and Income 2022 Term Fund 

July 6, 2016 

Nuveen Preferred and Income Term Fund 

April 18, 2012 

Nuveen Quality Municipal Income Fund 

January 15, 1999 

Nuveen Real Asset Income and Growth Fund 

January 10, 2012 

Nuveen Real Estate Income Fund 

August 27, 2001 

Nuveen S&P 500 Buy-Write Income Fund 

July 23, 2004 

Nuveen S&P 500 Dynamic Overwrite Fund 

November 11, 2004 

Nuveen Select Maturities Municipal Fund 

July 23, 1992 

Nuveen Select Tax-Free Income Portfolio 

January 29, 1992 

Nuveen Select Tax-Free Income Portfolio 2 

March 30, 1992 

Nuveen Select Tax-Free Income Portfolio 3 

May 28, 1992 

Nuveen Senior Income Fund 

August 13, 1999 

Nuveen Short Duration Credit Opportunities Fund 

January 3, 2011 

Nuveen Taxable Municipal Income Fund  

December 4, 2009 

Nuveen Tax-Advantaged Dividend Growth Fund 

February 22, 2007 

Nuveen Tax-Advantaged Total Return Strategy Fund 

October 1, 2003 

Nuveen Virginia Quality Municipal Income Fund 

January 12, 1993 

  

  

ADDITIONS 

Trust 

Date Established 

Nuveen California Municipal Value Fund 

November 12, 2020 

Nuveen New York Municipal Value Fund 

November 12, 2020 

Nuveen Core Plus Impact Fund 

December 3, 2020 

Nuveen Multi-Asset Income Fund 

April 22, 2021 

Nuveen Variable Rate Preferred & Income Fund 

June 1, 2021