Shaker Financial Services Lowers stake in Nuveen Flexible Investment Income Fund (JPW)

Nuveen Flexible Investment Income Fund (JPW) : Shaker Financial Services reduced its stake in Nuveen Flexible Investment Income Fund by 13.21% during the most recent quarter end. The investment management company now holds a total of 159,225 shares of Nuveen Flexible Investment Income Fund which is valued at $2,643,931 after selling 24,227 shares in Nuveen Flexible Investment Income Fund , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Nuveen Flexible Investment Income Fund makes up approximately 1.78% of Shaker Financial Services’s portfolio.

Other Hedge Funds, Including ,

Nuveen Flexible Investment Income Fund is a diversified closed-end management investment company. The Fund’s investment objectives are to provide high current income and secondarily capital appreciation. Normally the Fund invests at least 80% of its managed assets in income producing securities issued by companies located anywhere in the world. The Fund will invest in income producing securities across the capital structure debt preferred or equity securities offered by a particular company or debt securities issued by a government. It will invest its managed assets in United States dollar-denominated securities. The Fund may invest up to 40% of its managed assets in equity securities (other than preferred securities). The Fund’s investment portfolio includes air freight and logistics automobiles biotechnology capital markets insurance machinery media pharmaceuticals and real estate investment trust. Nuveen Fund Advisors LLC is the investment adviser of the Fund.

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