Nuveen Drops Sub-Advisors

Nuveen Asset Management is making a sub-advisory change to the Nuveen Multi-Manager Large-Cap Value Fund (NNGAX).

On June 24, the fund is replacing sub-advisors Institutional Capital and Symphony Asset Management and bringing the fund’s portfolio management in-house. in their stead, Robert Doll, who joined NAM last November as chief equities strategist and senior portfolio manager, will become the sole portfolio manager of the fund.

The fund will also change its name to the Nuveen Large-Cap Value Fund.

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