JDD - Nuveen Diversified Dividend and Income Fund
Region: US
Website: www.nuveen.com/en-us/closed-end-funds/jdd-nuveen-diversified-dividend-and-income-fund
Employees: 0
IPO year: -
Issue type: Common Stock
Market: NYSE
Industry:
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Nuveen Diversified Dividend and Income Fund's investment objectives are high current income and total return. The Fund invests approximately equal proportions in 1) U.S. and foreign dividend-paying common stocks, 2) dividend-paying common Real Estate Investment Trusts issued by real estate companies, 3) emerging markets sovereign debt, and 4) senior loans. The Fund expects to invest between 40% and 70% of its managed assets in equity security holdings and between 30% and 60% of its managed assets in debt security holdings. Under normal circumstances, the Fund's target weighting is approximately 50% equity and 50% debt. The Fund uses leverage.