Nuveen Global High Income Fund changes investment policies, adds emerging markets and CLO flexibility
Effective April 30, 2025, Nuveen Global High Income Fund (JGH) removed its policy requiring at least 40% of managed assets outside the United States with no more than 25% in emerging markets, and now generally intends to invest at least 30% of managed assets outside the United States. The filing also adds collateralized loan obligations and other CDOs to the Fund's description and supplements its principal risk factors with catastrophe bond, CDO/CLO, distressed or defaulted securities, and extension risks.
Key points
- Fund removed the 40% non-U.S. policy and 25% emerging markets cap, effective April 30, 2025.
- Fund generally intends to invest at least 30% of managed assets in issuers located outside the United States.
- Fund may invest in CLOs and other CDOs, which are asset-backed securities.
- New principal risks cover catastrophe bonds, CDO and CLO structures, distressed or defaulted securities, and extension risk.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.