[FWP] AeroVironment, Inc. Free Writing Prospectus
Nuveen Funds definitive proxy (Schedule 14A) dated June 30, 2025 covers 14 closed-end municipal funds, including Nuveen Taxable Municipal Income Fund (NBB) and its sister portfolios. The document notifies shareholders of virtual annual meetings on August 14, 2025 at 2:00 p.m. CT, accessible via live webcast at www.meetnow.global/MNRRJJC. Shareholders of record as of June 20, 2025 may vote electronically during the webcast or in advance by mail, telephone or internet using the control number on their proxy card.
Key agenda item: election of Board Members. Elections vary by fund:
- Municipal Income (NMI) 鈥� four Class III directors.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM) and Taxable Income (NBB) 鈥� four Class I directors.
- Eight leveraged funds (e.g., NVG, NEA, NDMO, NZF) 鈥� three Class I directors (Common & Preferred voting together) plus two directors elected solely by Preferred shareholders.
Outstanding shares on the record date illustrate the relative size of each fund (e.g., NVG 213.5 m common shares; NEA 299.0 m; NBB 29.4 m). Multiple series of VRDP, MFP and AMTP preferred shares remain outstanding across eight funds, and NYSE Rule 452 proportionate voting may apply to certain series in remarketing mode.
All nominees are independent under the 1940 Act and none are affiliated with Nuveen or TIAA. Governance remains on a unitary-board model covering 217 portfolios, supported by seven standing committees (Audit, Investment, Compliance, Closed-End Fund, etc.).
Director compensation is increasing effective January 1 2025: base retainer stays at US $350,000 but committee retainers rise to US $35,000 (Audit/Compliance) and US $30,000鈥�$25,000 elsewhere; the Board Chair retainer rises to US $150,000. Meeting fees of US $1,000鈥�2,500 continue, and directors may defer compensation into Nuveen funds.
Management recommends shareholders vote 鈥淔OR鈥� each nominee. No other substantive business or financial performance data is presented.
La convocazione definitiva per la proxy di Nuveen Funds (Schedule 14A) datata 30 giugno 2025 riguarda 14 fondi municipali a capitale chiuso, inclusi il Nuveen Taxable Municipal Income Fund (NBB) e i suoi portafogli collegati. Il documento informa gli azionisti delle assemblee annuali virtuali che si terranno il 14 agosto 2025 alle ore 14:00 CT, accessibili tramite webcast live su www.meetnow.global/MNRRJJC. Gli azionisti registrati al 20 giugno 2025 possono votare elettronicamente durante il webcast o anticipatamente via posta, telefono o internet utilizzando il numero di controllo presente sulla loro scheda proxy.
Punto chiave all鈥檕rdine del giorno: elezione dei membri del Consiglio di Amministrazione. Le elezioni variano a seconda del fondo:
- Municipal Income (NMI) 鈥� quattro amministratori di Classe III.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM) e Taxable Income (NBB) 鈥� quattro amministratori di Classe I.
- Otto fondi con leva finanziaria (ad esempio NVG, NEA, NDMO, NZF) 鈥� tre amministratori di Classe I (azioni ordinarie e privilegiate votano insieme) 辫颈霉 due amministratori eletti esclusivamente dagli azionisti privilegiati.
Le azioni in circolazione alla data di registrazione indicano la dimensione relativa di ciascun fondo (ad esempio, NVG 213,5 milioni di azioni ordinarie; NEA 299,0 milioni; NBB 29,4 milioni). Diverse serie di azioni privilegiate VRDP, MFP e AMTP rimangono in circolazione in otto fondi, e la Regola NYSE 452 sul voto proporzionale pu貌 applicarsi a certe serie in modalit脿 di remarketing.
Tutti i candidati sono indipendenti ai sensi del 1940 Act e nessuno 猫 affiliato con Nuveen o TIAA. La governance si basa su un modello di consiglio unitario che copre 217 portafogli, supportato da sette comitati permanenti (Audit, Investimenti, Compliance, Fondi a Capitale Chiuso, ecc.).
La retribuzione dei direttori aumenter脿 a partire dal 1掳 gennaio 2025: il compenso base rimane a 350.000 USD, ma i compensi per i comitati salgono a 35.000 USD (Audit/Compliance) e tra 25.000 e 30.000 USD per gli altri; il compenso del Presidente del Consiglio aumenta a 150.000 USD. Continuano le indennit脿 per le riunioni da 1.000 a 2.500 USD e i direttori possono differire la retribuzione investendola nei fondi Nuveen.
La direzione raccomanda agli azionisti di votare 鈥淎 FAVORE鈥� di ogni candidato. Non sono presentate altre questioni sostanziali o dati sulle performance finanziarie.
El proxy definitivo de Nuveen Funds (Schedule 14A) fechado el 30 de junio de 2025 abarca 14 fondos municipales cerrados, incluyendo el Nuveen Taxable Municipal Income Fund (NBB) y sus fondos relacionados. El documento notifica a los accionistas sobre las juntas anuales virtuales el 14 de agosto de 2025 a las 2:00 p.m. CT, accesibles mediante transmisi贸n en vivo en www.meetnow.global/MNRRJJC. Los accionistas registrados al 20 de junio de 2025 pueden votar electr贸nicamente durante la transmisi贸n o anticipadamente por correo, tel茅fono o internet usando el n煤mero de control en su tarjeta proxy.
Punto clave en la agenda: elecci贸n de miembros del Consejo. Las elecciones var铆an seg煤n el fondo:
- Municipal Income (NMI) 鈥� cuatro directores Clase III.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM) y Taxable Income (NBB) 鈥� cuatro directores Clase I.
- Ocho fondos apalancados (p. ej., NVG, NEA, NDMO, NZF) 鈥� tres directores Clase I (acciones comunes y preferentes votan juntas) 尘谩蝉 dos directores elegidos 煤nicamente por accionistas preferentes.
Las acciones en circulaci贸n en la fecha de registro muestran el tama帽o relativo de cada fondo (por ejemplo, NVG 213.5 millones de acciones comunes; NEA 299.0 millones; NBB 29.4 millones). Varias series de acciones preferentes VRDP, MFP y AMTP permanecen en circulaci贸n en ocho fondos, y la Regla 452 de NYSE sobre votaci贸n proporcional puede aplicarse a ciertas series en modo de remarketing.
Todos los nominados son independientes bajo la Ley 1940 y ninguno est谩 afiliado a Nuveen o TIAA. La gobernanza sigue un modelo de junta unitaria que cubre 217 carteras, apoyado por siete comit茅s permanentes (Auditor铆a, Inversiones, Cumplimiento, Fondos Cerrados, etc.).
La compensaci贸n de los directores aumentar谩 a partir del 1 de enero de 2025: la retenci贸n base se mantiene en 350,000 USD, pero las retenciones por comit茅s suben a 35,000 USD (Auditor铆a/Cumplimiento) y entre 25,000 y 30,000 USD en otros; la retenci贸n del presidente del consejo aumenta a 150,000 USD. Las tarifas por reuniones de 1,000 a 2,500 USD contin煤an, y los directores pueden diferir la compensaci贸n en fondos Nuveen.
La gerencia recomienda a los accionistas votar 鈥淎 FAVOR鈥� de cada nominado. No se presentan otros asuntos sustantivos ni datos de desempe帽o financiero.
2025雲� 6鞗� 30鞚检瀽 Nuveen Funds 斓滌 鞙勳瀯鞛� 瓿店碃(Schedule 14A)電� Nuveen Taxable Municipal Income Fund(NBB) 氚� 甏�霠� 韽姼韽措Μ鞓るゼ 韽暔頃� 14臧滌潣 韽愳噭順� 歆�氚╈眲 韼�霌滊ゼ 雼る９雼堧嫟. 氍胳劀電� 欤检＜霌れ棎瓴� 2025雲� 8鞗� 14鞚� 鞓ろ泟 2鞁�(欷戨秬鞁滉皠) 鞓澕鞚� 鞐半 須岇潣毳� 鞎岆Μ氅�, www.meetnow.global/MNRRJJC鞐愳劀 鞁れ嫓臧� 鞗轨簮鞀ろ姼搿� 彀胳棳頃� 靾� 鞛堨姷雼堧嫟. 2025雲� 6鞗� 20鞚� 旮办鞙茧 旮半霅� 欤检＜霌れ潃 鞗轨簮鞀ろ姼 欷� 鞝勳瀽 韴憸頃橁卑雮�, 靷爠鞐� 鞖绊幐, 鞝勴檾 霕愲姅 鞚疙劙雱缝潉 韱淀暣 頂勲鞁� 旃措摐鞐� 鞛堧姅 鞝滌柎 氩堩樃毳� 靷毄頃� 韴憸頃� 靾� 鞛堨姷雼堧嫟.
欤检殧 鞎堦贝: 鞚挫偓須� 甑劚鞗� 靹犾稖. 韼�霌滊硠 靹犾稖 雮挫毄鞚� 雼れ潓瓿� 臧欖姷雼堧嫟:
- Municipal Income (NMI) 鈥� 韥措灅鞀� III 鞚挫偓 4氇�.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM), Taxable Income (NBB) 鈥� 韥措灅鞀� I 鞚挫偓 4氇�.
- 霠堧矂毽 韼�霌� 8臧�(鞓�: NVG, NEA, NDMO, NZF) 鈥� 韥措灅鞀� I 鞚挫偓 3氇�(氤错喌欤� 氚� 鞖办劆欤� 瓿惦彊 韴憸) 氚� 鞖办劆欤� 欤检＜ 鞝勳毄 鞚挫偓 2氇�.
旮半鞚� 旮办 氚滍枆 欤检嫕 靾橂姅 臧� 韼�霌滌潣 靸侂寑鞝� 攴滊毳� 氤挫棳欷嶋媹雼�(鞓�: NVG 2鞏�1350毵� 氤错喌欤�, NEA 2鞏�9900毵�, NBB 2940毵�). 8臧� 韼�霌滌棎 瓯胳硱 VRDP, MFP, AMTP 鞖办劆欤� 鞐煬 鞁滊Μ歃堦皜 氚滍枆 欷戩澊氅�, NYSE 攴滌箼 452鞐� 霐半ジ 牍勲 韴憸臧� 毽旒�韺� 欷戩澑 鞚茧秬 鞁滊Μ歃堨棎 鞝侅毄霅� 靾� 鞛堨姷雼堧嫟.
氇摖 頉勲炒鞛愲姅 1940雲� 氩曤鞐� 霐半澕 霃呺鞝�鞚措┌ Nuveen 霕愲姅 TIAA鞕� 甏�霠澊 鞐嗢姷雼堧嫟. 瓯半矂雱岇姢電� 217臧� 韽姼韽措Μ鞓るゼ 韽磩頃橂姅 雼澕 鞚挫偓須� 氇嵏搿�, 7臧滌潣 靸侅瀯 鞙勳洂須�(臧愳偓, 韴瀽, 欷�氩曣皭鞁�, 韽愳噭順� 韼�霌� 霌�)臧� 歆�鞗愴暕雼堧嫟.
鞚挫偓 氤挫垬電� 2025雲� 1鞗� 1鞚茧秬韯� 鞚胳儊霅╇媹雼�: 旮半掣 氤挫垬電� 氙疙檾 350,000雼煬搿� 鞙犾霅橂倶, 鞙勳洂須� 氤挫垬電� 臧愳偓/欷�氩曣皭鞁� 35,000雼煬, 旮绊儉電� 25,000~30,000雼煬搿� 靸侅姽; 鞚挫偓須� 鞚橃灔 氤挫垬電� 150,000雼煬搿� 鞚胳儊霅╇媹雼�. 須岇潣 靾橂嫻鞚� 1,000~2,500雼煬搿� 瓿勳啀霅橂┌, 鞚挫偓霌れ潃 氤挫垬毳� Nuveen 韼�霌滌棎 鞚挫棸頃� 靾� 鞛堨姷雼堧嫟.
瓴届榿歆勳潃 欤检＜霌れ棎瓴� 臧� 頉勲炒鞐� 雽�頃� 鈥滌艾靹扁�� 韴憸頃� 瓴冹潉 甓岅碃頃╇媹雼�. 雼るジ 鞁れ鞝侅澑 鞎堦贝鞚措倶 鞛 靹标臣 雿办澊韯半姅 鞝滉车霅橃 鞎婌姷雼堧嫟.
Le proxy d茅finitif de Nuveen Funds (Schedule 14A) dat茅 du 30 juin 2025 couvre 14 fonds municipaux ferm茅s, dont le Nuveen Taxable Municipal Income Fund (NBB) et ses portefeuilles associ茅s. Le document informe les actionnaires des assembl茅es annuelles virtuelles du 14 ao没t 2025 脿 14h00 CT, accessibles en webcast en direct sur www.meetnow.global/MNRRJJC. Les actionnaires inscrits au 20 juin 2025 peuvent voter 茅lectroniquement pendant le webcast ou 脿 l鈥檃vance par courrier, t茅l茅phone ou internet en utilisant le num茅ro de contr么le figurant sur leur carte de procuration.
Point cl茅 脿 l鈥檕rdre du jour : 茅lection des membres du conseil d鈥檃dministration. Les 茅lections varient selon les fonds :
- Municipal Income (NMI) 鈥� quatre administrateurs de classe III.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM) et Taxable Income (NBB) 鈥� quatre administrateurs de classe I.
- Huit fonds 脿 effet de levier (ex. NVG, NEA, NDMO, NZF) 鈥� trois administrateurs de classe I (actions ordinaires et privil茅gi茅es votant ensemble) plus deux administrateurs 茅lus uniquement par les actionnaires privil茅gi茅s.
Les actions en circulation 脿 la date d鈥檈nregistrement illustrent la taille relative de chaque fonds (ex. NVG 213,5 millions d鈥檃ctions ordinaires ; NEA 299,0 millions ; NBB 29,4 millions). Plusieurs s茅ries d鈥檃ctions privil茅gi茅es VRDP, MFP et AMTP restent en circulation dans huit fonds, et la r猫gle 452 du NYSE relative au vote proportionnel peut s鈥檃ppliquer 脿 certaines s茅ries en mode remarketing.
Tous les candidats sont 颈苍诲茅辫别苍诲补苍迟蝉 selon la loi de 1940 et aucun n鈥檈st affili茅 脿 Nuveen ou TIAA. La gouvernance repose sur un mod猫le de conseil unitaire couvrant 217 portefeuilles, soutenu par sept comit茅s permanents (Audit, Investissement, Conformit茅, Fonds ferm茅s, etc.).
La r茅mun茅ration des administrateurs augmente 脿 compter du 1er janvier 2025 : la r茅tribution de base reste 脿 350 000 USD, mais les indemnit茅s des comit茅s augmentent 脿 35 000 USD (Audit/Conformit茅) et entre 25 000 et 30 000 USD ailleurs ; l鈥檌ndemnit茅 du pr茅sident du conseil passe 脿 150 000 USD. Les frais de r茅union de 1 000 脿 2 500 USD sont maintenus, et les administrateurs peuvent diff茅rer leur r茅mun茅ration dans des fonds Nuveen.
La direction recommande aux actionnaires de voter 芦 POUR 禄 chaque candidat. Aucune autre affaire substantielle ni donn茅e de performance financi猫re n鈥檈st pr茅sent茅e.
Das endg眉ltige Proxy-Dokument von Nuveen Funds (Schedule 14A) vom 30. Juni 2025 umfasst 14 geschlossene kommunale Fonds, darunter den Nuveen Taxable Municipal Income Fund (NBB) und seine Schwesterportfolios. Das Dokument informiert die Aktion盲re 眉ber virtuelle Jahreshauptversammlungen am 14. August 2025 um 14:00 Uhr CT, die 眉ber einen Live-Webcast unter www.meetnow.global/MNRRJJC zug盲nglich sind. Aktion盲re, die am 20. Juni 2025 im Register stehen, k枚nnen w盲hrend des Webcasts elektronisch abstimmen oder im Voraus per Post, Telefon oder Internet mit der Kontrollnummer auf ihrer Proxy-Karte.
Wichtigster Tagesordnungspunkt: Wahl der Vorstandsmitglieder. Die Wahlen variieren je nach Fonds:
- Municipal Income (NMI) 鈥� vier Direktoren der Klasse III.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM) und Taxable Income (NBB) 鈥� vier Direktoren der Klasse I.
- Acht gehebelte Fonds (z. B. NVG, NEA, NDMO, NZF) 鈥� drei Direktoren der Klasse I (Stamm- und Vorzugsaktien stimmen gemeinsam ab) plus zwei Direktoren, die ausschlie脽lich von Vorzugsaktion盲ren gew盲hlt werden.
Die ausstehenden Aktien am Stichtag zeigen die relative Gr枚脽e der einzelnen Fonds (z. B. NVG 213,5 Mio. Stammaktien; NEA 299,0 Mio.; NBB 29,4 Mio.). Mehrere Serien von VRDP-, MFP- und AMTP-Vorzugsaktien sind bei acht Fonds noch ausstehend, und die NYSE-Regel 452 zur proportionalen Abstimmung kann bei bestimmten Serien im Remarketing-Modus gelten.
Alle Nominierten sind nach dem 1940 Act 耻苍补产丑盲苍驳颈驳 und keiner ist mit Nuveen oder TIAA verbunden. Die Governance basiert auf einem einheitlichen Vorstand f眉r 217 Portfolios, unterst眉tzt von sieben st盲ndigen Aussch眉ssen (Audit, Investment, Compliance, Closed-End Fund usw.).
Die Verg眉tung der Direktoren steigt ab dem 1. Januar 2025: Die Grundverg眉tung bleibt bei 350.000 USD, die Ausschussverg眉tungen steigen auf 35.000 USD (Audit/Compliance) und 25.000鈥�30.000 USD f眉r andere; die Verg眉tung des Vorstandsvorsitzenden steigt auf 150.000 USD. Sitzungsgelder von 1.000 bis 2.500 USD bleiben bestehen, und Direktoren k枚nnen ihre Verg眉tung in Nuveen-Fonds aufschieben.
Das Management empfiehlt den Aktion盲ren, f眉r jeden Nominierten zu stimmen. Weitere wesentliche Gesch盲fte oder finanzielle Leistungsdaten werden nicht pr盲sentiert.
- Independent slate: All director nominees qualify as non-interested, sustaining strong oversight.
- Virtual-only format increases shareholder access without geographic limits.
- Comprehensive disclosure of share classes, voting rules and committee structures enhances transparency.
- Board compensation increases for 2025 could modestly raise fund operating expenses.
- Complex voting structure for funds with multiple preferred-share series may confuse some retail holders.
Insights
TL;DR 鈥� Routine virtual AGM focused on electing independent directors; raises board retainers but leaves fund strategy unchanged.
The proxy consolidates governance for 14 Nuveen municipal funds, reaffirming the unitary board structure. All nominees are independent, maintaining best-practice oversight. The move to a fully virtual meeting continues the accessibility strategy adopted post-pandemic. Compensation adjustments 鈥� a larger chair retainer and higher committee fees 鈥� reflect rising workload across 217 portfolios, yet marginally raise administrative expense ratios. Voting mechanics are straightforward: plurality election with broker discretionary authority on this routine matter. Overall governance continuity, minimal strategic impact, neutral investor significance.
TL;DR 鈥� Governance housekeeping; no portfolio, leverage or distribution changes鈥攏eutral for valuation and cash-flow outlook.
Nothing in the filing alters credit exposure, leverage levels or payout policy for NBB or peer funds. Share counts and preferred-share structures are unchanged, and Rule 452 proportionate voting applies only to specific VRDP/MFP series. The only economic item is higher director compensation, a de minimis expense given fund sizes (e.g., NEA 鈮� US $4 bn AUM). Investors should simply ensure proxies are executed to prevent quorum delays; otherwise, expect no NAV or dividend repercussions.
La convocazione definitiva per la proxy di Nuveen Funds (Schedule 14A) datata 30 giugno 2025 riguarda 14 fondi municipali a capitale chiuso, inclusi il Nuveen Taxable Municipal Income Fund (NBB) e i suoi portafogli collegati. Il documento informa gli azionisti delle assemblee annuali virtuali che si terranno il 14 agosto 2025 alle ore 14:00 CT, accessibili tramite webcast live su www.meetnow.global/MNRRJJC. Gli azionisti registrati al 20 giugno 2025 possono votare elettronicamente durante il webcast o anticipatamente via posta, telefono o internet utilizzando il numero di controllo presente sulla loro scheda proxy.
Punto chiave all鈥檕rdine del giorno: elezione dei membri del Consiglio di Amministrazione. Le elezioni variano a seconda del fondo:
- Municipal Income (NMI) 鈥� quattro amministratori di Classe III.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM) e Taxable Income (NBB) 鈥� quattro amministratori di Classe I.
- Otto fondi con leva finanziaria (ad esempio NVG, NEA, NDMO, NZF) 鈥� tre amministratori di Classe I (azioni ordinarie e privilegiate votano insieme) 辫颈霉 due amministratori eletti esclusivamente dagli azionisti privilegiati.
Le azioni in circolazione alla data di registrazione indicano la dimensione relativa di ciascun fondo (ad esempio, NVG 213,5 milioni di azioni ordinarie; NEA 299,0 milioni; NBB 29,4 milioni). Diverse serie di azioni privilegiate VRDP, MFP e AMTP rimangono in circolazione in otto fondi, e la Regola NYSE 452 sul voto proporzionale pu貌 applicarsi a certe serie in modalit脿 di remarketing.
Tutti i candidati sono indipendenti ai sensi del 1940 Act e nessuno 猫 affiliato con Nuveen o TIAA. La governance si basa su un modello di consiglio unitario che copre 217 portafogli, supportato da sette comitati permanenti (Audit, Investimenti, Compliance, Fondi a Capitale Chiuso, ecc.).
La retribuzione dei direttori aumenter脿 a partire dal 1掳 gennaio 2025: il compenso base rimane a 350.000 USD, ma i compensi per i comitati salgono a 35.000 USD (Audit/Compliance) e tra 25.000 e 30.000 USD per gli altri; il compenso del Presidente del Consiglio aumenta a 150.000 USD. Continuano le indennit脿 per le riunioni da 1.000 a 2.500 USD e i direttori possono differire la retribuzione investendola nei fondi Nuveen.
La direzione raccomanda agli azionisti di votare 鈥淎 FAVORE鈥� di ogni candidato. Non sono presentate altre questioni sostanziali o dati sulle performance finanziarie.
El proxy definitivo de Nuveen Funds (Schedule 14A) fechado el 30 de junio de 2025 abarca 14 fondos municipales cerrados, incluyendo el Nuveen Taxable Municipal Income Fund (NBB) y sus fondos relacionados. El documento notifica a los accionistas sobre las juntas anuales virtuales el 14 de agosto de 2025 a las 2:00 p.m. CT, accesibles mediante transmisi贸n en vivo en www.meetnow.global/MNRRJJC. Los accionistas registrados al 20 de junio de 2025 pueden votar electr贸nicamente durante la transmisi贸n o anticipadamente por correo, tel茅fono o internet usando el n煤mero de control en su tarjeta proxy.
Punto clave en la agenda: elecci贸n de miembros del Consejo. Las elecciones var铆an seg煤n el fondo:
- Municipal Income (NMI) 鈥� cuatro directores Clase III.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM) y Taxable Income (NBB) 鈥� cuatro directores Clase I.
- Ocho fondos apalancados (p. ej., NVG, NEA, NDMO, NZF) 鈥� tres directores Clase I (acciones comunes y preferentes votan juntas) 尘谩蝉 dos directores elegidos 煤nicamente por accionistas preferentes.
Las acciones en circulaci贸n en la fecha de registro muestran el tama帽o relativo de cada fondo (por ejemplo, NVG 213.5 millones de acciones comunes; NEA 299.0 millones; NBB 29.4 millones). Varias series de acciones preferentes VRDP, MFP y AMTP permanecen en circulaci贸n en ocho fondos, y la Regla 452 de NYSE sobre votaci贸n proporcional puede aplicarse a ciertas series en modo de remarketing.
Todos los nominados son independientes bajo la Ley 1940 y ninguno est谩 afiliado a Nuveen o TIAA. La gobernanza sigue un modelo de junta unitaria que cubre 217 carteras, apoyado por siete comit茅s permanentes (Auditor铆a, Inversiones, Cumplimiento, Fondos Cerrados, etc.).
La compensaci贸n de los directores aumentar谩 a partir del 1 de enero de 2025: la retenci贸n base se mantiene en 350,000 USD, pero las retenciones por comit茅s suben a 35,000 USD (Auditor铆a/Cumplimiento) y entre 25,000 y 30,000 USD en otros; la retenci贸n del presidente del consejo aumenta a 150,000 USD. Las tarifas por reuniones de 1,000 a 2,500 USD contin煤an, y los directores pueden diferir la compensaci贸n en fondos Nuveen.
La gerencia recomienda a los accionistas votar 鈥淎 FAVOR鈥� de cada nominado. No se presentan otros asuntos sustantivos ni datos de desempe帽o financiero.
2025雲� 6鞗� 30鞚检瀽 Nuveen Funds 斓滌 鞙勳瀯鞛� 瓿店碃(Schedule 14A)電� Nuveen Taxable Municipal Income Fund(NBB) 氚� 甏�霠� 韽姼韽措Μ鞓るゼ 韽暔頃� 14臧滌潣 韽愳噭順� 歆�氚╈眲 韼�霌滊ゼ 雼る９雼堧嫟. 氍胳劀電� 欤检＜霌れ棎瓴� 2025雲� 8鞗� 14鞚� 鞓ろ泟 2鞁�(欷戨秬鞁滉皠) 鞓澕鞚� 鞐半 須岇潣毳� 鞎岆Μ氅�, www.meetnow.global/MNRRJJC鞐愳劀 鞁れ嫓臧� 鞗轨簮鞀ろ姼搿� 彀胳棳頃� 靾� 鞛堨姷雼堧嫟. 2025雲� 6鞗� 20鞚� 旮办鞙茧 旮半霅� 欤检＜霌れ潃 鞗轨簮鞀ろ姼 欷� 鞝勳瀽 韴憸頃橁卑雮�, 靷爠鞐� 鞖绊幐, 鞝勴檾 霕愲姅 鞚疙劙雱缝潉 韱淀暣 頂勲鞁� 旃措摐鞐� 鞛堧姅 鞝滌柎 氩堩樃毳� 靷毄頃� 韴憸頃� 靾� 鞛堨姷雼堧嫟.
欤检殧 鞎堦贝: 鞚挫偓須� 甑劚鞗� 靹犾稖. 韼�霌滊硠 靹犾稖 雮挫毄鞚� 雼れ潓瓿� 臧欖姷雼堧嫟:
- Municipal Income (NMI) 鈥� 韥措灅鞀� III 鞚挫偓 4氇�.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM), Taxable Income (NBB) 鈥� 韥措灅鞀� I 鞚挫偓 4氇�.
- 霠堧矂毽 韼�霌� 8臧�(鞓�: NVG, NEA, NDMO, NZF) 鈥� 韥措灅鞀� I 鞚挫偓 3氇�(氤错喌欤� 氚� 鞖办劆欤� 瓿惦彊 韴憸) 氚� 鞖办劆欤� 欤检＜ 鞝勳毄 鞚挫偓 2氇�.
旮半鞚� 旮办 氚滍枆 欤检嫕 靾橂姅 臧� 韼�霌滌潣 靸侂寑鞝� 攴滊毳� 氤挫棳欷嶋媹雼�(鞓�: NVG 2鞏�1350毵� 氤错喌欤�, NEA 2鞏�9900毵�, NBB 2940毵�). 8臧� 韼�霌滌棎 瓯胳硱 VRDP, MFP, AMTP 鞖办劆欤� 鞐煬 鞁滊Μ歃堦皜 氚滍枆 欷戩澊氅�, NYSE 攴滌箼 452鞐� 霐半ジ 牍勲 韴憸臧� 毽旒�韺� 欷戩澑 鞚茧秬 鞁滊Μ歃堨棎 鞝侅毄霅� 靾� 鞛堨姷雼堧嫟.
氇摖 頉勲炒鞛愲姅 1940雲� 氩曤鞐� 霐半澕 霃呺鞝�鞚措┌ Nuveen 霕愲姅 TIAA鞕� 甏�霠澊 鞐嗢姷雼堧嫟. 瓯半矂雱岇姢電� 217臧� 韽姼韽措Μ鞓るゼ 韽磩頃橂姅 雼澕 鞚挫偓須� 氇嵏搿�, 7臧滌潣 靸侅瀯 鞙勳洂須�(臧愳偓, 韴瀽, 欷�氩曣皭鞁�, 韽愳噭順� 韼�霌� 霌�)臧� 歆�鞗愴暕雼堧嫟.
鞚挫偓 氤挫垬電� 2025雲� 1鞗� 1鞚茧秬韯� 鞚胳儊霅╇媹雼�: 旮半掣 氤挫垬電� 氙疙檾 350,000雼煬搿� 鞙犾霅橂倶, 鞙勳洂須� 氤挫垬電� 臧愳偓/欷�氩曣皭鞁� 35,000雼煬, 旮绊儉電� 25,000~30,000雼煬搿� 靸侅姽; 鞚挫偓須� 鞚橃灔 氤挫垬電� 150,000雼煬搿� 鞚胳儊霅╇媹雼�. 須岇潣 靾橂嫻鞚� 1,000~2,500雼煬搿� 瓿勳啀霅橂┌, 鞚挫偓霌れ潃 氤挫垬毳� Nuveen 韼�霌滌棎 鞚挫棸頃� 靾� 鞛堨姷雼堧嫟.
瓴届榿歆勳潃 欤检＜霌れ棎瓴� 臧� 頉勲炒鞐� 雽�頃� 鈥滌艾靹扁�� 韴憸頃� 瓴冹潉 甓岅碃頃╇媹雼�. 雼るジ 鞁れ鞝侅澑 鞎堦贝鞚措倶 鞛 靹标臣 雿办澊韯半姅 鞝滉车霅橃 鞎婌姷雼堧嫟.
Le proxy d茅finitif de Nuveen Funds (Schedule 14A) dat茅 du 30 juin 2025 couvre 14 fonds municipaux ferm茅s, dont le Nuveen Taxable Municipal Income Fund (NBB) et ses portefeuilles associ茅s. Le document informe les actionnaires des assembl茅es annuelles virtuelles du 14 ao没t 2025 脿 14h00 CT, accessibles en webcast en direct sur www.meetnow.global/MNRRJJC. Les actionnaires inscrits au 20 juin 2025 peuvent voter 茅lectroniquement pendant le webcast ou 脿 l鈥檃vance par courrier, t茅l茅phone ou internet en utilisant le num茅ro de contr么le figurant sur leur carte de procuration.
Point cl茅 脿 l鈥檕rdre du jour : 茅lection des membres du conseil d鈥檃dministration. Les 茅lections varient selon les fonds :
- Municipal Income (NMI) 鈥� quatre administrateurs de classe III.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM) et Taxable Income (NBB) 鈥� quatre administrateurs de classe I.
- Huit fonds 脿 effet de levier (ex. NVG, NEA, NDMO, NZF) 鈥� trois administrateurs de classe I (actions ordinaires et privil茅gi茅es votant ensemble) plus deux administrateurs 茅lus uniquement par les actionnaires privil茅gi茅s.
Les actions en circulation 脿 la date d鈥檈nregistrement illustrent la taille relative de chaque fonds (ex. NVG 213,5 millions d鈥檃ctions ordinaires ; NEA 299,0 millions ; NBB 29,4 millions). Plusieurs s茅ries d鈥檃ctions privil茅gi茅es VRDP, MFP et AMTP restent en circulation dans huit fonds, et la r猫gle 452 du NYSE relative au vote proportionnel peut s鈥檃ppliquer 脿 certaines s茅ries en mode remarketing.
Tous les candidats sont 颈苍诲茅辫别苍诲补苍迟蝉 selon la loi de 1940 et aucun n鈥檈st affili茅 脿 Nuveen ou TIAA. La gouvernance repose sur un mod猫le de conseil unitaire couvrant 217 portefeuilles, soutenu par sept comit茅s permanents (Audit, Investissement, Conformit茅, Fonds ferm茅s, etc.).
La r茅mun茅ration des administrateurs augmente 脿 compter du 1er janvier 2025 : la r茅tribution de base reste 脿 350 000 USD, mais les indemnit茅s des comit茅s augmentent 脿 35 000 USD (Audit/Conformit茅) et entre 25 000 et 30 000 USD ailleurs ; l鈥檌ndemnit茅 du pr茅sident du conseil passe 脿 150 000 USD. Les frais de r茅union de 1 000 脿 2 500 USD sont maintenus, et les administrateurs peuvent diff茅rer leur r茅mun茅ration dans des fonds Nuveen.
La direction recommande aux actionnaires de voter 芦 POUR 禄 chaque candidat. Aucune autre affaire substantielle ni donn茅e de performance financi猫re n鈥檈st pr茅sent茅e.
Das endg眉ltige Proxy-Dokument von Nuveen Funds (Schedule 14A) vom 30. Juni 2025 umfasst 14 geschlossene kommunale Fonds, darunter den Nuveen Taxable Municipal Income Fund (NBB) und seine Schwesterportfolios. Das Dokument informiert die Aktion盲re 眉ber virtuelle Jahreshauptversammlungen am 14. August 2025 um 14:00 Uhr CT, die 眉ber einen Live-Webcast unter www.meetnow.global/MNRRJJC zug盲nglich sind. Aktion盲re, die am 20. Juni 2025 im Register stehen, k枚nnen w盲hrend des Webcasts elektronisch abstimmen oder im Voraus per Post, Telefon oder Internet mit der Kontrollnummer auf ihrer Proxy-Karte.
Wichtigster Tagesordnungspunkt: Wahl der Vorstandsmitglieder. Die Wahlen variieren je nach Fonds:
- Municipal Income (NMI) 鈥� vier Direktoren der Klasse III.
- AMT-Free Value (NUW), Municipal Value (NUV), New York Value (NNY), Select Maturities (NIM) und Taxable Income (NBB) 鈥� vier Direktoren der Klasse I.
- Acht gehebelte Fonds (z. B. NVG, NEA, NDMO, NZF) 鈥� drei Direktoren der Klasse I (Stamm- und Vorzugsaktien stimmen gemeinsam ab) plus zwei Direktoren, die ausschlie脽lich von Vorzugsaktion盲ren gew盲hlt werden.
Die ausstehenden Aktien am Stichtag zeigen die relative Gr枚脽e der einzelnen Fonds (z. B. NVG 213,5 Mio. Stammaktien; NEA 299,0 Mio.; NBB 29,4 Mio.). Mehrere Serien von VRDP-, MFP- und AMTP-Vorzugsaktien sind bei acht Fonds noch ausstehend, und die NYSE-Regel 452 zur proportionalen Abstimmung kann bei bestimmten Serien im Remarketing-Modus gelten.
Alle Nominierten sind nach dem 1940 Act 耻苍补产丑盲苍驳颈驳 und keiner ist mit Nuveen oder TIAA verbunden. Die Governance basiert auf einem einheitlichen Vorstand f眉r 217 Portfolios, unterst眉tzt von sieben st盲ndigen Aussch眉ssen (Audit, Investment, Compliance, Closed-End Fund usw.).
Die Verg眉tung der Direktoren steigt ab dem 1. Januar 2025: Die Grundverg眉tung bleibt bei 350.000 USD, die Ausschussverg眉tungen steigen auf 35.000 USD (Audit/Compliance) und 25.000鈥�30.000 USD f眉r andere; die Verg眉tung des Vorstandsvorsitzenden steigt auf 150.000 USD. Sitzungsgelder von 1.000 bis 2.500 USD bleiben bestehen, und Direktoren k枚nnen ihre Verg眉tung in Nuveen-Fonds aufschieben.
Das Management empfiehlt den Aktion盲ren, f眉r jeden Nominierten zu stimmen. Weitere wesentliche Gesch盲fte oder finanzielle Leistungsdaten werden nicht pr盲sentiert.
Filed Pursuant to Rule 433
Registration No. 333-288424
Issuer Free Writing Prospectus, dated June 30, 2025
AeroVironment,
Inc. Announces Proposed Offerings of
Common Stock and Convertible Senior Notes Due 2030
ARLINGTON, Va., June 30, 2025 – AeroVironment, Inc. (NASDAQ: AVAV) (the “Company”) today announced proposed underwritten public offerings of $750,000,000 of shares of its common stock (the “Common Stock” and, such offering, the “Common Stock Offering”) and $600,000,000 aggregate principal amount of its convertible senior notes due 2030 (the “Convertible Notes” and such offering, the “Convertible Notes Offering”).
The Company intends to grant the underwriters of the offerings a 30-day option to purchase up to an additional $112,500,000 of Common Stock in the Common Stock Offering and a 30-day option to purchase up to an additional $90,000,000 aggregate principal amount of Convertible Notes solely to cover over-allotments, if any, in the Convertible Notes Offering. The Company expects to use the net proceeds from the Common Stock Offering and the Convertible Notes Offering to repay indebtedness under its term loan and outstanding borrowings under its revolving credit facility, and the remainder, if any, for general corporate purposes, including to increase manufacturing capacity. The closing of neither the Common Stock Offering nor the Convertible Notes Offering is conditioned upon the closing of the other offering. The offerings are subject to market and other conditions, and there can be no assurance as to whether or when the offerings may be completed, or as to the actual size or terms of the offerings.
J.P. Morgan and BofA Securities are acting as lead book-running managers and as representatives of the underwriters for the Common Stock Offering and the Convertible Notes Offering. Raymond James is acting as a joint book-running manager and as a representative of the underwriters for the Convertible Notes Offering. The Company has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the “SEC”) as well as preliminary prospectus supplements with respect to each of the offerings to which this communication relates. Before you invest, you should read the applicable preliminary prospectus supplement and the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and these offerings. You may access these documents by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, the Company, any underwriter or any dealer participating in the applicable offering will arrange to send you the applicable preliminary prospectus supplement (or, when available, the applicable final prospectus supplement) and the accompanying prospectus upon request to: J.P. Morgan Securities LLC, Attention: c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or email: [email protected] and [email protected]; or BofA Securities, Attention: Prospectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, or e-mail: [email protected].
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This press release does not constitute an offer to sell or a solicitation of an offer to buy the shares of Common Stock, the Convertible Notes, any shares of Common Stock issuable upon conversion of the Convertible Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration and qualification under the securities laws of such state or jurisdiction.
###
ABOUT AEROVIRONMENT, INC.
AeroVironment (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. With a national manufacturing footprint and a deep innovation pipeline, the Company delivers proven systems and future-defining capabilities with speed, scale, and operational relevance.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Certain of the statements contained or referred to herein, including those regarding the proposed offerings, should be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “anticipate,” “approximate,” “believe,” “plan,” “estimate,” “expect,” “project,” “could,” “should,” “strategy,” “will,” “intend,” “may” and other similar expressions or the negative of such words or expressions. Statements in this press release concerning the Common Stock Offering and the Convertible Notes Offering, our ability to complete such offerings on the anticipated timeline or at all and the anticipated use of the net proceeds therefrom, together with other statements that are not historical facts, are forward-looking statements that are estimates reflecting management’s best judgment based upon currently available information. Such forward-looking statements are inherently uncertain, and stockholders and other potential investors must recognize that actual results may differ materially from expectations as a result of a variety of factors. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which the Company is unable to predict or control, that may cause actual results, performance or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the Company’s ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which the Company operates to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world, as well as those set forth in AeroVironment, Inc.’s Annual Report on Form 10-K for the year ended April 30, 2025 (especially in Part I, Item 1A. Risk Factors and Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations), and other risks and uncertainties listed from time to time in the Company’s other filings with the SEC. Other unknown or unpredictable factors also could have a material adverse effect on the Company’s business, financial condition, results of operations and prospects. Accordingly, readers should not place undue reliance on these forward-looking statements. These forward-looking statements are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. The Company does not assume any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements other than as required by law. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statement.
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INVESTOR CONTACT
Denise Pacioni
Investor Relations
AeroVironment, Inc.
MEDIA CONTACT
Paul Frommelt
AeroVironment, Inc.
[email protected]
-end-
Source:
FAQ
When is the 2025 annual meeting for Nuveen Taxable Municipal Income Fund (NBB)?
What is the record date for voting eligibility?
What matters will shareholders vote on?
How can I attend and vote at the virtual meeting?
Has director compensation changed for 2025?
How many common shares of NBB are outstanding?
