Nuveen Multi-Market Income Fund to drop two investment limits effective April 30, 2026
Effective April 30, 2026, Nuveen Multi-Market Income Fund (JMM) will remove its 65% investment-grade requirement and its 5% futures and options margin limit. It will also change its 35% high-yield limit to be measured against Managed Assets rather than total assets, and refer to investments rather than securities.
Key points
- Effective date: April 30, 2026
- Removed: policy to invest at least 65% of total assets in investment-grade or comparable-quality securities
- Removed: limit that futures and options margin deposits and premiums not exceed 5% of total assets
- Changed: up to 35% high-yield limit now measured against Managed Assets instead of total assets
The filing
Written by AI on Nov 9, 2026, 8:28 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 29, 2026.
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.