Item 8.01. Other Events.
On December 1, 2020, the Board of Trustees of Nuveen Credit Opportunities 2022
Target Term Fund (NYSE: JCO), a registered closed-end management investment
company (the "Fund"), announced the approval of a new sub-advisory agreement
between Nuveen Fund Advisors, LLC ("Nuveen Fund Advisors"), the Fund's
investment adviser, and Nuveen Asset Management, LLC ("NAM"). The new
sub-advisory agreement was approved in connection with the forthcoming merger of
the Fund's current sub-adviser, Symphony Asset Management LLC ("Symphony"), with
and into NAM, which is currently scheduled to close on December 31, 2020.
Symphony and NAM are both affiliates of Nuveen Fund Advisors and all are
subsidiaries of Nuveen, LLC. The new sub-advisory agreement will become
effective upon the close of the merger.
The terms of the new sub-advisory agreement with NAM are substantially identical
to the current sub-advisory agreement with Symphony. NAM will provide the same
level of services to the Fund, with the Symphony personnel who currently serve
as portfolio managers of the Fund continuing to do so as NAM personnel. In
addition, this change will not impact the Fund's fees, investment objectives or
policies.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses