Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors, today announced that 124 Nuveen closed-end funds had declared regular monthly distributions. These funds represent a broad range of tax-exempt, taxable fixed and floating rate income investment strategies for investors seeking to build sophisticated and diversified long-term investment portfolios for cash flow. The funds’ monthly distributions are listed below.

Monthly distributions from Nuveen's municipal closed-end funds and portfolios are generally exempt from regular Federal income taxes, and monthly distributions of single-state municipal funds and portfolios are also exempt from state and, in some cases, local income taxes for in-state residents. Unless otherwise stated in the funds' objectives, monthly distributions of the municipal funds and portfolios may be subject to the Federal Alternative Minimum Tax for some shareholders.

All of Nuveen’s funds seek to pay stable distributions at rates that reflect each fund’s past results and projected future performance. During certain periods, each fund may pay distributions at a rate that may be more or less than the amount of net investment income actually earned by the fund during the period. If a fund cumulatively earned more than it has paid in distributions, it holds the excess in reserve as undistributed net investment income (UNII) as part of the fund’s net asset value (NAV). Conversely, if a fund has cumulatively paid distributions in excess of its earnings, the excess constitutes negative UNII that is likewise reflected in the fund’s NAV. Each fund will, over time, pay all of its net investment income as distributions to shareholders. The funds’ positive or negative UNII balances are disclosed from time to time in their periodic shareholder reports, and are also on www.nuveen.com/cef.

In addition, distributions for certain funds investing in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to each fund after year-end by REIT securities held by each fund. The Nuveen preferred securities funds, JTP, JPS and JHP may invest in REITs; a list of funds that are likely to be affected by re-characterization is posted to www.nuveen.com each January, and updated tax characteristics are posted to the web site and mailed to shareholders via form 1099-DIV during the first quarter of the year.

The following dates apply to today’s distribution declarations:

Record Date June 15, 2010 Ex-Dividend Date June 11, 2010 Payable Date July 1, 2010   Monthly Tax-Free Distribution Per Share   Change From Amount   Previous Month

Ticker

 

Closed-End Portfolios

NXP Select Portfolio $.0595 - NXQ Select Portfolio 2 .0555 - NXR Select Portfolio 3 .0535 - NXC CA Select Portfolio .0555 - NXN NY Select Portfolio .0510 -  

Closed-End Funds

Non-Leveraged Funds

NUV Municipal Value .0390 - NUW Municipal Value 2 .0750 - NCA CA Municipal Value .0380 - NNY NY Municipal Value .0355 - NMI Municipal Income .0475 .0005 NIM Select Maturities .0350 - NYV NY Municipal Value 2 .0640 - NCB CA Municipal Value 2 .0690 - NJV NJ Municipal Value .0640 - NPN PA Municipal Value .0650 -  

Leveraged Funds

National

NPI Premium Income .0765 .0035 NPP Performance Plus .0785 .0025 NMA Advantage .0825 .0015

 

 

 

 

Change From

Amount   Previous Month NMO Market Opportunity .0815 .0015 NQM Investment Quality .0785 .0035 NQI Insured Quality .0710 - NQS Select Quality .0860 .0040 NQU Quality Income .0790 .0030 NIO Insured Opportunity .0720 .0030 NPF Premier .0725 .0025 NIF Premier Insured .0740 - NPM Premium Income 2 .0740 .0010 NPT Premium Income 4 .0710 .0020 NPX Insured Premium 2 .0620 - NAD Dividend Advantage .0760 - NXZ Dividend Advantage 2 .0800 - NZF Dividend Advantage 3 .0820 .0040 NVG Insured Dividend Advantage .0700 - NEA Insured Tax-Free Advantage .0680 - NMZ High Income Opportunity Fund .0835 - NMD High Income Opportunity Fund 2 .0800 - NEV Enhanced Municipal Value Fund .0760 -

California

NCP Performance Plus .0750 - NCO Market Opportunity .0780 .0030 NQC Investment Quality .0760 .0010 NVC Select Quality .0810 .0020 NUC Quality Income .0810 .0010 NPC Insured Premium Income .0725 .0035 NCL Insured Premium Income 2 .0720 - NCU Premium Income .0725 .0025 NAC Dividend Advantage .0745 .0025 NVX Dividend Advantage 2 .0800 .0010 NZH Dividend Advantage 3 .0750 - NKL Insured Dividend Advantage .0785 .0035 NKX Insured Tax-Free Advantage .0670 .0010

New York

NNP Performance Plus .0735 .0055 NQN Investment Quality .0670 .0035 NVN Select Quality .0700 .0050 NUN Quality Income .0690 .0020 NNF Insured Premium Income .0645 .0025 NAN Dividend Advantage .0655 - NXK Dividend Advantage 2 .0665 - Change From Amount   Previous Month NKO Insured Dividend Advantage .0645 - NRK Insured Tax-Free Advantage .0615 -

Other State Funds

NAZ AZ Premium Income .0625 .0035 NFZ AZ Dividend Advantage .0645 .0055 NKR AZ Dividend Advantage 2 .0670 .0010 NXE AZ Dividend Advantage 3 .0630 .0010 NTC CT Premium Income .0590 - NFC CT Dividend Advantage .0640 - NGK CT Dividend Advantage 2 .0660 - NGO CT Dividend Advantage 3 .0600 - NPG GA Premium Income .0590 - NZX GA Dividend Advantage .0640 - NKG GA Dividend Advantage 2 .0600 - NMY MD Premium Income .0635 .0015 NFM MD Dividend Advantage .0650 - NZR MD Dividend Advantage 2 .0660 - NWI MD Dividend Advantage 3 .0630 - NMT MA Premium Income .0650 - NMB MA Dividend Advantage .0690 - NGX Insured MA Tax-Free Advantage .0630 - NUM MI Quality Income .0700 .0040 NMP MI Premium Income .0695 .0045 NZW MI Dividend Advantage .0670 .0030 NOM MO Premium Income .0650 .0060 NQJ NJ Investment Quality .0690 .0030 NNJ NJ Premium Income .0685 .0025 NXJ NJ Dividend Advantage .0695 .0035 NUJ NJ Dividend Advantage 2 .0715 .0035 NNC NC Premium Income .0620 - NRB NC Dividend Advantage .0700 - NNO NC Dividend Advantage 2 .0680 - NII NC Dividend Advantage 3 .0660 - NUO OH Quality Income .0750 .0010 NXI OH Dividend Advantage .0735 .0035 NBJ OH Dividend Advantage 2 .0700 .0010 NVJ OH Dividend Advantage 3 .0755 .0025 NQP PA Investment Quality .0755 .0045 NPY PA Premium Income 2 .0700 .0010 NXM PA Dividend Advantage .0725 .0015 NVY PA Dividend Advantage 2 .0745 .0015 Change From Amount   Previous Month NTX TX Quality Income .0715 .0035 NPV VA Premium Income .0670 - NGB VA Dividend Advantage .0640 - NNB VA Dividend Advantage 2 .0660 -  

Monthly Taxable Distribution

Per Share

Closed-End Funds:

Change From

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Taxable Funds

Amount   Previous Month

Preferred Securities

JTP Quality Preferred Income Fund .0480 - JPS Quality Preferred Income Fund 2 .0540 - JHP Quality Preferred Income Fund 3 .0510 -

Floating Rate: Corporate Loans

NSL Senior Income Fund .0400 - JFR Floating Rate Income Fund .0510 - JRO Floating Rate Income Opportunity Fund .0620 -

Floating Rate: Tax Advantaged

JFP Tax-Advantaged Floating Rate Fund .0150 -

Mortgage-Backed Securities

JLS Mortgage Opportunity Term Fund .1725 - JMT Mortgage Opportunity Term Fund 2 .1670 -  

Quarterly Taxable Distribution Per Share

 

 

Amount

 

Change FromPreviousQuarter

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Global Equity

JGV Nuveen Global Value Opportunities Fund .3000

 

-

Equity

JTA Tax-Advantaged Total Return Strategy Fund .2400

 

-

JTD Nuveen Tax-Advantaged Dividend Growth Fund .2600

 

-

JCE Core Equity Alpha Fund .2800

 

-

Real Estate

JRS Real Estate Income Fund .2200

 

-

Equity Option

JPZ Equity Premium Income Fund .3200

 

-

JSN Equity Premium Opportunity Fund .3360

 

-

JLA Equity Premium Advantage Fund .3310

 

-

JPG Equity Premium and Growth Fund .2800

 

-

 

 

 

Change From

Amount

 

PreviousQuarter

Balanced

JDD Diversified Dividend and Income Fund .2350

 

-

Multi-Strategy

JPC Multi-Strategy Income and Growth Fund .1700

 

-

JQC Multi-Strategy Income and Growth Fund 2 .1750

 

-

Global Debt

JGG Global Government Enhanced Income Fund .3900

 

-

JGT Nuveen Multi-Currency Short-Term Govt Income Fund .3470

 

(.0300)

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MuniFund Term Preferred

 

Monthly Tax-FreeDistribution PerShare

NVG PrC Nuveen Insured Dividend Advantage Municipal Fund MTP .024583 NGB PrC Nuveen Virginia Dividend Advantage Municipal Fund MTP .023333 NNB PrC Nuveen Virginia Dividend Advantage Municipal Fund 2 MTP .023333 NAN PrC Nuveen New York Dividend Advantage Municipal Fund MTP .022500 NZH PrC Nuveen California Dividend Advantage Municipal Fund 3 MTP .024583 NEA PrC Nuveen Insured Tax-Free Advantage Municipal Fund MTP .023750 NKG PrC Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP .022083 NMT PrC Nuveen Massachusetts Premium Income Municipal Fund MTP .022083 NMY PrC Nuveen Maryland Premium Income Municipal Fund MTP .022083 NNC PrC Nuveen North Carolina Premium Income Municipal Fund MTP .022083 NPV PrC Nuveen Virginia Premium Income Municipal Fund MTP .022083 NTC PrC Nuveen Connecticut Premium Income Municipal Fund MTP .022083 NII PrC Nuveen North Carolina Dividend Advantage Municipal Fund 3 MTP .022083 NGO PrC Nuveen Connecticut Dividend Advantage Municipal Fund 3 MTP .022083 NGX PrC Nuveen Insured Mass. Tax-Free Advantage Municipal Fund MTP .022083 NPG PrC Nuveen Georgia Premium Income Municipal Fund MTP .022083 NZX PrC Nuveen Georgia Dividend Advantage Municipal Fund MTP .022083 NWI PrC Nuveen Maryland Dividend Advantage Municipal Fund 3 MTP .022083 NAD PrC Nuveen Dividend Advantage Municipal Fund MTP .022500 NMB PrC Nuveen Massachusetts Dividend Advantage Municipal Fund MTP .021667 NRB PrC Nuveen North Carolina Dividend Advantage Municipal Fund MTP .021667 NNO PrC Nuveen North Carolina Dividend Advantage Municipal Fund 2 MTP .021667 NFC PrC Nuveen Connecticut Dividend Advantage Municipal Fund MTP .021667 NGK PrC Nuveen Connecticut Dividend Advantage Municipal Fund 2 MTP .021667 NXK PrC New York Dividend Advantage Municipal Fund 2 MTP .021250 NRK PrC Insured New York Tax Free Advantage Municipal Fund MTP .021250 NFM PrC Maryland Dividend Advantage Municipal Fund MTP .021667 NZR PrC Maryland Dividend Advantage Municipal Fund 2 MTP .021667

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, Santa Barbara, Symphony, Tradewinds, and Winslow Capital. In total, the Company managed $151 billion as of March 31, 2010. For more information, please visit the Nuveen Investments website at www.nuveen.com.

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