0001504304-16-000141.txt : 20160104 0001504304-16-000141.hdr.sgml : 20160104 20160104155247 ACCESSION NUMBER: 0001504304-16-000141 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160104 DATE AS OF CHANGE: 20160104 GROUP MEMBERS: ANDREW DAKOS GROUP MEMBERS: BULLDOG INVESTORS, LLC GROUP MEMBERS: PHILLIP GOLDSTEIN GROUP MEMBERS: STEVEN SAMUELS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Nuveen Global Equity Income Fund CENTRAL INDEX KEY: 0001363421 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84713 FILM NUMBER: 161318036 BUSINESS ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-917-8146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: Nuveen Global Value Opportunities Fund DATE OF NAME CHANGE: 20060518 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Bulldog Investors, LLC CENTRAL INDEX KEY: 0001504304 IRS NUMBER: 270926182 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: PARK 80 WEST - PLAZA TWO STREET 2: 250 PEHLE AVE. SUITE 708 CITY: SADDLE BROOK STATE: NJ ZIP: 07663 BUSINESS PHONE: 201 556-0092 MAIL ADDRESS: STREET 1: PARK 80 WEST - PLAZA TWO STREET 2: 250 PEHLE AVE. SUITE 708 CITY: SADDLE BROOK STATE: NJ ZIP: 07663 FORMER COMPANY: FORMER CONFORMED NAME: Brooklyn Capital Management LLC DATE OF NAME CHANGE: 20101026 SC 13D/A 1 thirda.txt SCHEDULE 13D/A DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT 1/4/16 1. NAME OF REPORTING PERSON Bulldog Investors, LLC 2. CHECK THE BOX IF MEMBER OF A GROUP a[ ] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION DE ___________________________________________________________ 7. SOLE VOTING POWER 713,493 8. SHARED VOTING POWER 608,571 9. SOLE DISPOSITIVE POWER 713,493 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 608,571 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,322,064 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 6.94% 14. TYPE OF REPORTING PERSON IA ___________________________________________________________ 1. NAME OF REPORTING PERSON Phillip Goldstein 2. CHECK THE BOX IF MEMBER OF A GROUP a[] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 713,493 8. SHARED VOTING POWER 608,571 9. SOLE DISPOSITIVE POWER 713,493 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 608,571 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,322,064 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 6.94% 14. TYPE OF REPORTING PERSON IN ___________________________________________________________ 1. NAME OF REPORTING PERSON Andrew Dakos 2. CHECK THE BOX IF MEMBER OF A GROUP a[] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 713,493 8. SHARED VOTING POWER 608,571 9. SOLE DISPOSITIVE POWER 713,493 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 608,571 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,322,064 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 6.94% 14. TYPE OF REPORTING PERSON IN ___________________________________________________________ 1. NAME OF REPORTING PERSON Steven Samuels 2. CHECK THE BOX IF MEMBER OF A GROUP a[] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 713,493 8. SHARED VOTING POWER 608,571 9. SOLE DISPOSITIVE POWER 713,493 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 608,571 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,322,064 (Footnote 1) 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 6.94% 14. TYPE OF REPORTING PERSON IN _______________________________________________________ Item 1. SECURITY AND ISSUER This statement constitutes Amendment #1 to the schedule 13d filed December 14, 2015. Except as specifically set forth herein, the Schedule 13d remains unmodified. ITEM 4. PURPOSE OF TRANSACTION See exhibit A - Letter to the company Secretary. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As per the N-CSRS filed on September 8, 2015, there were 19,036,709 shares of common stock outstanding as of June 30, 2015. The percentages set forth herein were derived using such number. Phillip Goldstein, Andrew Dakos and Steven Samuels own Bulldog Investors, LLC, a registered investment advisor. As of December 31, 2015, Bulldog Investors, LLC is deemed to be the beneficial owner of 1,322,064 shares of JGV (representing 6.94% of JGV's outstanding shares) solely by virtue of Bulldog Investors LLC's power to direct the vote of,and dispose of, these shares. These 1,322,064 shares of JGV include 713,493 shares (representing 3.76% of JGV's outstanding shares) that are beneficially owned by the following entities over which Messrs. Goldstein, Dakos and Samuels exercise control: Opportunity Partners LP, Calapasas West Partners LP, Full Value Special Situations Fund, LP, Full Value Offshore Fund, Ltd., Opportunity Income Plus, Full Value Partners, LP, and MCM Opportunity Partners, LP (collectively, "Bulldog Investors Group of Funds"). Bulldog Investors Group of Funds may be deemed to constitute a group. All other shares included in the aforementioned 1,322,064 shares of JGV beneficially owned by Bulldog Investors LLC (solely by virtue of its power to sell or direct the vote of these shares) are also beneficially owned by clients of Bulldog Investors, LLC who are not members of any group. The total number of these "non-group" shares is 608,571 shares (representing 3.20% of JGV's outstanding shares). (b)Bulldog Investors,LLC has sole power to dispose of and vote 713,493 shares. Bulldog Investors, LLC has shared power to dispose of and vote 608,571 shares. Certain of Bulldog Investors, LLC's clients (none of whom beneficially own more than 5% of JGV's shares) share this power with Bulldog Investors, LLC. Messrs. Goldstein, Dakos and Samuels are control persons of Bulldog Investors, LLC. c) Since the last filing on 12-14-15 the following shares of JGV were purchased: Date: Shares: Price: 12/14/15 62,508 10.4159 12/15/15 3,500 10.3828 12/16/15 11,513 10.4279 12/18/15 500 10.3900 12/22/15 19,989 10.6197 12/28/15 4,648 10.9072 12/29/15 21,598 10.9683 12/30/15 25,108 10.9690 12/31/15 1,000 10.8300 d) Clients of Bulldog Investors, LLC are entitled to receive any dividends or sales proceeds. e) N/A ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. N/A ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit A After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: 1/4/16 By: /S/ Phillip Goldstein Name: Phillip Goldstein By: /S/ Andrew Dakos Name: Andrew Dakos By: /S/ Steven Samuels Name: Steven Samuels Bulldog Investors, LLC By: /s/ Andrew Dakos Andrew Dakos, Member Footnote 1: The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest therein. Exhibit A: Full Value Partners L.P., 250 Pehle Ave, Suite 708, Saddle Brook, NJ 07663 (201) 556-0092 // Fax: (201) 556-0097 // pgoldstein@bulldoginvestors.com January 4, 2016 Kevin J. McCarthy Vice President and Secretary Nuveen Global Equity Income Fund 333 West Wacker Drive Chicago, Illinois 60606 Dear Mr. McCarthy: Full Value Partners L.P. is a member of the Bulldog Investors group whose most recent Schedule 13D for Nuveen Global Equity Income Fund (the "Fund") was filed on December 14, 2015. Please refer to that filing for additional information. Full Value Partners owns 100 shares of the Fund in registered name and 254,610 shares in street name. The Bulldog Investors group beneficially owns a total of 1,322,064 shares. We intend to appear in person or via proxy at the Fund's 2016 annual meeting to propose that "The board of trustees should consider adopting a plan to afford stockholders an opportunity to realize net asset value." The purpose of the proposal is self-evident. In addition, at the meeting, we intend to nominate the following four persons for election as trustees of the Fund: Gerald Hellerman (born 1937) - 5431 NW 21st Avenue, Boca Raton, FL 33496; Mr. Hellerman owned and served as Managing Director of Hellerman Associates, a financial and corporate consulting firm, from 1993 to 2013. Mr. Hellerman is a director and chairman of the audit committee of Emergent Capital, Inc., a director and chairman of the Audit Committee of MVC Capital, Inc., a director and chief compliance officer of the Mexico Equity and Income Fund, Inc. and Special Opportunities Fund, Inc. a director and chairman of the audit committee of Crossroads Capital, Inc., and a director of Ironsides Partners Opportunity Offshore Fund. Mr. Hellerman also served as a financial analyst and later as a branch chief with the U.S. Securities & Exchange Commission over a ten-year period, as Special Financial Advisor to the U.S. Senate Subcommittee on Antitrust and Monopoly for four years, and as the Chief Financial Analyst of the Antitrust Division of the U.S. Department of Justice for 17 years. Phillip Goldstein (born 1945) - Park 80 West, Plaza Two, 250 Pehle Ave., Suite 708, Saddle Brook, NJ 07663; Mr. Goldstein is a member of Bulldog Investors, LLC, the investment adviser of Special Opportunities Fund, Inc. and the investment partnerships comprising the Bulldog Investors group of private funds. He also is a manager of Kimball & Winthrop, LLC, the managing general partner of Bulldog Investors General Partnership, since 2012. Until 2012, Mr. Goldstein was a member of the general partners of several private funds in the Bulldog Investors group of private funds and in 2012 became a member of Bulldog Holdings, LLC which became the sole owner of such general partners. Mr. Goldstein has been a director of Special Opportunities Fund, Inc., a closed-end fund, since 2009, and the Mexico Equity and Income Fund, Inc., a closed-end fund, since 2001. He has also been a director of Emergent Capital, Inc., a specialty finance company, since 2012, and Brantley Capital Corporation until 2013. Richard Dayan (born 1943) - 241 West 37 Street, Suite 718, New York, NY 10018; Mr. Dayan has served for twenty-one years as the President and owner of Cactus Trading, an importer and exporter of clothing and accessories. Mr. Dayan formerly served for fifteen years as controller for Biltmore Textiles, a major textile company. Prior to that, he was an auditor for a public accounting firm. He has been a director of Emergent Capital, Inc., a specialty finance company, since June 2013. Jeff Anderson (born 1970) - 6060 Parkland Boulevard, Suite200, Cleveland, Ohio 44124. Mr. Anderson has been a portfolio manager for Ancora Advisors since May 2010. He has 16 years of experience in the event driven, special situations investing, with a focus on micro and small cap companies including closed-end funds. Mr. Anderson has advised boards as to best maximize shareholder value. Previously, he was a portfolio manager for Millennium Partners and prior to that, a co-portfolio manager at Kellogg Capital. Mr. Anderson is a Chartered Financial Analyst. Each of our nominees is a U.S. citizen. None of them is an interested person of the Fund or owns any shares of the Fund. There are no arrangements or understandings between any nominee and Full Value Partners in connection with the nominations nor are there any conflicts of interest that would prevent any nominee from acting in the best interest of the Fund. Please notify us as soon as possible if you would like any additional information. Thank you. Very truly yours, /S/ Phillip Goldstein Phillip Goldstein Member of the General Partner