Nuveen High Income 2020 Target Term Fund Announces Wind-up Period

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Apr 15, 2020
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The Nuveen High Income 2020 Target Term Fund (NYSE: JHY) has entered the wind-up period in anticipation of its termination date. The fund is a “target term” fund that will cease its investment operations and liquidate its portfolio on November 1, 2020 and distribute the net proceeds to shareholders, unless the term is extended for a period of up to six months by a vote of the fund’s Board of Trustees.