Nuveen MLP Closed-End Funds Eliminate Leverage

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Mar 23, 2020
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Nuveen Energy MLP Total Return Fund (NYSE: JMF) and the Nuveen All Cap Energy MLP Opportunities Fund (NYSE: JMLP) announced certain changes to the Funds’ strategies in response to recent market conditions, including the continued extreme volatility in the energy sector. JMF and JMLP have eliminated financial leverage. In addition, JMLP has removed a prohibition on purchasing the largest 10 constituents by market capitalization in the Alerian MLP Index.