0001193125-16-758923 Sample Contracts

NUVEEN CLOSED-END FUNDS RENEWAL OF INVESTMENT MANAGEMENT AGREEMENTS
Investment Management Agreements • November 3rd, 2016 • Nuveen High Income 2020 Target Term Fund

This Agreement made this 27th day of July 2016 by and between the funds listed on Schedule A (the “Nuveen Closed-End Funds”), and Nuveen Fund Advisors, LLC, a Delaware limited liability company (the “Adviser”);

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NUVEEN HIGH INCOME 2020 TARGET TERM FUND Chicago, Illinois 60606
Nuveen High Income 2020 Target Term Fund • November 3rd, 2016

Nuveen High Income 2020 Target Term Fund is a Massachusetts business trust operating as a closed-end management investment company (hereinafter referred to as the “Fund”). The Fund has filed a registration statement on Form N-2 (File Nos. 333-212964 and 811- 23051) (the “Registration Statement”) pursuant to the Investment Company Act of 1940, as amended, and the Securities Act of 1933, as amended, to register additional common shares of the Fund, which may be issued and sold from time to time through various specified transactions, including at-the-market (“ATM”) offerings.

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