Nuveen Multi-Market Income Fund 8-K

What Happened
Nuveen Multi-Market Income Fund (NYSE: JMM) filed an 8-K on April 29, 2026 reporting that, effective April 30, 2026, it will amend several investment policy provisions. The Fund will remove two existing limits (a 65% minimum in investment‑grade securities and a 5% cap related to initial margin/premiums for futures/options) and will revise its 35% high‑yield limit to apply to “Managed Assets” and to refer to “investments” instead of “securities.”

Key Details

• Effective date: April 30, 2026 (8-K filed April 29, 2026).
• Removed: policy requiring the Fund to invest at least 65% of total assets in investment‑grade securities at purchase.
• Removed: policy limiting initial margin deposits and premiums on futures/options to 5% of total assets.
• Updated: the existing 35% limit on non‑investment‑grade (high‑yield) holdings will apply to the Fund’s “Managed Assets” and will use the term “investments” instead of “securities.”

Why It Matters
These policy changes give the fund’s manager more flexibility in asset selection and derivatives use by removing the explicit investment‑grade floor and the stated futures/options margin cap, and by measuring the high‑yield limit against “Managed Assets” rather than “total assets.” For investors, that can affect the Fund’s potential risk and portfolio composition; shareholders who want details should review the Fund’s prospectus/statement of additional information or contact the fund for updated portfolio and risk information.