Nuveen Multi Market Income Fund : CEF Product Guide 4Q 2020

Closed-End Funds

Product guide 2020

4Q

Why closed-end funds?

INCOME POTENTIAL	DIVERSIFICATION	GREATER FLEXIBILITY
Designed for regular	Via a broader investable	Through fully-invested
cash flow	universe	portfolios

2

Nuveen:

a market leader in closed-end funds

Closed-end funds have long been valued for the potential to provide attractive income. A trusted closed-end fund provider for more than thirty years, Nuveen builds on more than a century of industry leadership to offer financial professionals and investors dedicated client service with a legacy of integrity and innovation.

Market leadership

A pioneer in long-term income and cash flow solutions, we are the largest provider of closed-end funds today, with innovative products across traditional and alternative asset classes and strategies.

Focused expertise

Through active fund and distribution management from Nuveen and the expertise and capabilities of its high-caliber investment managers, we are committed to providing world- class investment solutions that align with client needs.

Deep commitment

From our educational resources, robust communications, and industry-leadingclosed-end fund websites to our skilled and dedicated support team, we provide comprehensive support for financial professionals and investors in pursuit of long-term, lasting value for investors and the advisors who serve them.

Learn more about adding regular income potential

to your portfolio with Nuveen's closed-end funds.

INVESTORS:

Contact your Financial Professional or call Nuveen at 800.257.8787.

FINANCIAL PROFESSIONALS:

Contact your Nuveen Advisor Consultant Team at 800.752.8700 or our CEF specialist at [e-mail].

Visit us on the web at nuveen.com/cef.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

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1987

Nuveen launches first closed-end fund, NUV, which was the largest IPO to date on the NYSE

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

First launch dates '87

'99

Nuveen has expanded closed-end fund offerings over three decades

Since launching its first closed-end fund in 1987, Nuveen has led the way, adding asset strategies, new structures, forms of leverage, education and support - a range of innovations at the forefront of the closed-end fund marketplace.

4

2001

CEFConnect.com launched

Symphony Asset
Management LLC
acquired				2005
						Santa Barbara Asset												2014
	2002				Management,			2008					2011
														Acquired by TIAA,
				LLC acquired
	NWQ Investment			Failure of			All $15.4 billion	creating one of the industry's
	Management Co.,							auction rate			of ARPs			largest and most diversified
	LLC acquired									preferreds (ARPs)	refinanced			investment organizations
2001		2003		2004	2005		2006		2007		2008		2009		2010		2011		2012		2013		2014		2015		2016		2017		2018
	2002

ASSET CLASSES

	Municipal bonds
	Loans
'01	Real estate
'02	Preferred and
income securities
'03	Multi-asset
'03	Value equity
'03	High yield
'04	Equity covered call
'06	Global debt
'06	Global equity
'07	equity
	Dividend growth
'09	Mortgage-backed
securities
'10	Taxable municipals
'11	Master limited
partnerships (MLPs)
'12	Real assets
'15	Target term
'17	debtEmerging markets

CLOSED -END FU NDS PRODUCT GUIDE | 4q 2020 5

Choose Nuveen's closed-end funds for income potential and innovation

Offerings as of 31 Dec 2020

Municipal fixed income

National1

●	NAD	Nuveen Quality Municipal Income Fund
● ●	NDMO	Nuveen Dynamic Municipal Opportunities Fund
● ●	NEA	Nuveen AMT-Free Quality Municipal Income Fund
●	NEV	Nuveen Enhanced Municipal Value Fund
● ● ●	NHA	Nuveen Municipal 2021 Target Term Fund
● ● ●	NID	Nuveen Intermediate Duration Municipal
Term Fund
●	NIM	Nuveen Select Maturities Municipal Fund
● ●	NIQ	Nuveen Intermediate Duration Quality Municipal
Term Fund
● ● ●	NMCO	Nuveen Municipal Credit Opportunities Fund
●	NMI	Nuveen Municipal Income Fund, Inc.
● ●	NMZ	Nuveen Municipal High Income Opportunity Fund
●	NUV	Nuveen Municipal Value Fund, Inc.
● ●	NUW	Nuveen AMT-Free Municipal Value Fund
● ● ●	NVG	Nuveen AMT-Free Municipal Credit Income Fund
●	NXP	Nuveen Select Tax-Free Income Portfolio
●	NXQ	Nuveen Select Tax-Free Income Portfolio 2
●	NXR	Nuveen Select Tax-Free Income Portfolio 3
● ●	NZF	Nuveen Municipal Credit Income Fund

Taxable

• NBB Nuveen Taxable Municipal Income Fund
• • Leveraged
  • Non-Leveraged
  • AMT-Free
  • High Yield2
  • Term
  • Managed Distributions
  • Cash-FlowBased Distributions
  • Capital Return Plan3

1. Income may be subject to state and local income taxes and the alternative minimum tax. Capital gains, if any, will be subject to capital gains tax.
2. Denotes investments may be primarily in high yield securities
3. Effective December 27, 2018, the Fund adopted a capital return plan. See page 8 and nuveen.com/ JQC for more information.

State1

●	NAZ	Nuveen Arizona Quality Municipal Income Fund
●	NKG	Nuveen Georgia Quality Municipal Income Fund
●	NMY	Nuveen Maryland Quality Municipal Income Fund
●	NMT	Nuveen Massachusetts Quality Municipal
Income Fund
●	NUM	Nuveen Michigan Quality Municipal Income Fund
●	NMS	Nuveen Minnesota Quality Municipal Income Fund
●	NOM	Nuveen Missouri Quality Municipal Income Fund
●	NJV	Nuveen New Jersey Municipal Value Fund
●	NXJ	Nuveen New Jersey Quality Municipal
Income Fund
●	NUO	Nuveen Ohio Quality Municipal Income Fund
●	NPN	Nuveen Pennsylvania Municipal Value Fund
●	NQP	Nuveen Pennsylvania Quality Municipal
Income Fund
●	NPV	Nuveen Virginia Quality Municipal Income Fund

California

• NAC Nuveen California Quality Municipal Income Fund
• NCA Nuveen California Municipal Value Fund, Inc.
• NCB Nuveen California Municipal Value Fund 2

● ●	NKX	Nuveen California AMT-Free Quality Municipal
Income Fund

• NXC Nuveen California Select Tax-Free Income Portfolio

New York

• NAN Nuveen New York Quality Municipal Income Fund
• NNY Nuveen New York Municipal Value Fund, Inc.

● ●	NRK	Nuveen New York AMT-Free Quality Municipal
Income Fund

• NXN Nuveen New York Select Tax-Free Income Portfolio
• NYV Nuveen New York Municipal Value Fund 2

6

Taxable fixed income

Emerging markets

● ● ●	JEMD	Nuveen Emerging Markets Debt 2022
Target Term Fund

High yield

● ● ●	JCO	Nuveen Credit Opportunities 2022
Target Term Fund
● ●	JGH	Nuveen Global High Income Fund
● ● ●	JHAA	Nuveen Corporate Income 2023
Target Term Fund
● ● ●	JHB	Nuveen Corporate Income November 2021
Target Term Fund

Senior loans

● ●	JFR	Nuveen Floating Rate Income Fund
● ● ●	JQC	Nuveen Credit Strategies Income Fund
● ●	JRO	Nuveen Floating Rate Income Opportunity Fund
● ●	JSD	Nuveen Short Duration Credit Opportunities Fund
● ●	NSL	Nuveen Senior Income Fund

Preferreds and income

• JPC Nuveen Preferred & Income Opportunities Fund

● ●

JPI

Nuveen Preferred and Income Term Fund

• JPS Nuveen Preferred & Income Securities Fund

● ● JPT Nuveen Preferred and Income 2022 Term Fund

Securitized credit

● ●	JLS	Nuveen Mortgage and Income Fund

Mortgage backed securities

• JMM Nuveen Multi-Market Income Fund

U.S. equities

Large cap - core

● ● JCE Nuveen Core Equity Alpha Fund

Options

● ●	BXMX	Nuveen S&P 500	Buy-Write Income Fund
● ●	DIAX	Nuveen Dow 30SM Dynamic Overwrite Fund
● ●	QQQX	Nuveen Nasdaq 100 Dynamic Overwrite Fund
● ●	SPXX	Nuveen S&P 500	Dynamic Overwrite Fund

Multi-asset

Diversified solution

● ● JDD Nuveen Diversified Dividend and Income Fund

Equity-oriented

● ●	JTA	Nuveen Tax-Advantaged Total Return
Strategy Fund
● ●	JTD	Nuveen Tax-Advantaged Dividend Growth Fund

Public real assets

Multi-asset

● ●	JRI	Nuveen Real Asset Income and Growth Fund

Real estate

REITs

● ●	JRS	Nuveen Real Estate Income Fund

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This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy, sell or hold a security or investment strategy and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor's objectives and circumstances and in consultation with his or her financial professionals.

Important risk considerations

Closed-end fund shares are subject to investment risk, including the possible loss of the entire principal amount that you invest. Common shares frequently trade at a discount to their NAV. At any point in time, your common shares may be worth less than you paid, even after considering the reinvestment of fund distributions.

Capital Return Plan: Distribution sources have historically included net investment income and return of capital, and may also include realized gains in the future. It is expected under the capital return plan that regular monthly distributions will include supplemental amounts in addition to net investment income which would normally represent either realized gains or a return of capital, and the fund will provide a notice of the best estimate of its distribution sources at that time, which may be viewed at nuveen.com/JQC. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholders' 1099-DIV forms after the end of the year. You should not draw any conclusions about a fund's past or future investment performance from its current distribution rate.

Cash-flowbased distributions: Historical distribution sources have included net investment income, realized gains and return of capital. If a distribution includes anything other than net

800.752.8700 | nuveen.com/cef

investment income, the fund provides a notice of the best estimate of its distribution sources at that time which may be viewed at nuveen.com/CEFdistributions. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholders' 1099-DIV forms after the end of the year. You should not draw any conclusions about a fund's past or future investment performance from its current distribution rate.

Income only distribution: Distributions are sourced entirely from net investment income, unless noted otherwise.

Leverage: Leverage typically magnifies the total return of a fund's portfolio, whether that return is positive or negative, and creates an opportunity for increased common share net income as well as higher volatility of net asset value, market price, and distributions. There is no assurance that a fund's leveraging strategy will be successful.

Managed distributions: Historical distribution sources have included net investment income, realized gains and return of capital. If a distribution includes anything other than net investment income, the fund provides a notice of the best estimate of its distribution sources at that time which may be viewed at nuveen.com/CEFdistributions. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholders' 1099-DIV forms after the end of the year. You should not draw any conclusions about a fund's past or future investment performance from its current distribution rate.

More information about these and other risks specific to each fund is available at nuveen.com/cef.

Nuveen Securities, LLC, member FINRA and SIPC.

EBR-1452499PR-Q0121P    27035