Nuveen Investments has launched the Nuveen Inflation Protected Municipal Bond Fund, which aims to protect investors against inflation and rising taxes.

“Our team has a long history of managing municipal bond portfolios through various market cycles,” said John Miller, co-head of global fixed income at Nuveen. “As more investors’ thoughts turn toward managing their fixed income portfolios in a rising rate environment, we are pleased that this newest fund will be able to offer our clients a distinct investment option to help mitigate the potential impact of rising inflation and taxes.”

The fund is co-managed by Senior Vice Presidents Dan Close and Doug Baker.

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