Nuveen High Income 2020 Target Term Fund Corrects Its Net Asset Value per Common Share

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Sep 30, 2020
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The Nuveen High Income 2020 Target Term Fund (NYSE: JHY) daily net asset values per common share (NAVs) published for each business day during the period from 17 August 2020 through 2 September 2020 were incorrect. The fund’s published NAV on each business day during that period was $9.62, while the corrected NAV for each such day was $9.53. These incorrect daily NAVs in turn caused the discount/premium of the market price to NAV published during that period, and any return-to-date-on-NAV figures published during that period, to be incorrect.