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Two Nuveen Closed-End Funds Announce Updated Portfolio Management Team


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© Business Wire 2008
2008-08-25 23:15:01 -

www.nuveen.com - Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors, today announced its updated portfolio management team for the Nuveen Global Government Enhanced Income Fund (NYSE: JGG) and Nuveen Multi-Currency Short-Term Government Income Fund (NYSE: JGT). This announcement reflects the departure of Ben Emons who has left the firm. Andrew Stenwall,

chief investment officer of Nuveen Asset Management's Taxable Fixed Income team continues in the role of portfolio manger for both funds. Steve Lee, who currently serves on the portfolio management team for JGG, now also serves as a portfolio manager for JGT. The remaining members of the portfolio management team for each fund continue to serve in their respective roles.

Mr. Lee has been with Nuveen Investments since the spring of 2007. Prior to joining the firm he was with HSBC Bank USA. He obtained his Bachelor of Arts in economics and mathematics from Yale University and his MBA in finance from New York University, Stern School of Business.

The Nuveen Global Government Enhanced Income Fund is designed to provide a high level of current income and gains while seeking capital preservation. The Nuveen Multi-Currency Short-Term Government Income Fund is designed to provide an attractive level of current income and total return with the goal of achieving its investment objective by investing directly and indirectly in a portfolio of short-term international government securities. More information on these and other Nuveen closed-end funds is available at www.nuveen.com/cef.

Nuveen Investments provides high quality investment services designed to help secure the long-term goals of institutions and high net worth investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of HydePark, NWQ, Nuveen, Rittenhouse, Santa Barbara, Symphony and Tradewinds. In total, the Company managed $152 billion of assets on June 30, 2008.

Nuveen Investments
Kristyna Sujata
312-917-8343
KRISTYNA.SUJATA@NUVEEN.COM


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