Nuveen Closed-End Funds Declare Distributions
April 01 2015 - 4:06PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced that 75 Nuveen closed-end funds declared regular monthly
distributions and two closed-end funds declared regular quarterly
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.
The following dates apply to today's distribution
declarations for the following Closed-End Funds:
Record Date April 15, 2015 Ex-Dividend
Date April 13, 2015 Payable Date May 1,
2015 Reinvest Date May 1, 2015
Monthly TAX--FREE Distribution Per Share
Change From
TAX-FREE FUNDS Amount Previous
Month
Ticker
Exchange
Fund
Name
NXP NYSE Select Portfolio $.0475 - NXQ NYSE Select Portfolio 2
$.0460 - NXR NYSE Select Portfolio 3 $.0490 - NUV NYSE Municipal
Value $.0345 - NUW NYSE Municipal Value 2 $.0650 - NMI NYSE
Municipal Income $.0425 - NIM NYSE Select Maturities $.0275 -
Leveraged Funds National NPI NYSE Premium Income $.0685 - NPP NYSE
Performance Plus $.0770 - NMA NYSE Advantage $.0660 - NMO NYSE
Market Opportunity $.0670 - NQI NYSE Quality Municipal $.0550 - NQS
NYSE Select Quality $.0665 - NQU NYSE Quality Income $.0685 - NIO
NYSE Municipal Opportunity $.0730 - NPF NYSE Premier $.0685 - NPM
NYSE Premium Income 2 $.0720 - NPT NYSE Premium Income 4 $.0680 -
NAD NYSE Dividend Advantage $.0740 - NEA NYSE AMT-Free Municipal
Income $.0685 - NXZ NYSE MKT Dividend Advantage 2 $.0680 - NZF NYSE
MKT Dividend Advantage 3 $.0640 - NVG NYSE MKT Dividend Advantage
Municipal $.0610 - NMZ NYSE MKT High Income Opportunity Fund $.0760
- NEV NYSE Enhanced Municipal Value Fund $.0800 - NID NYSE Int.
Duration Municipal Term Fund $.0570 - NIQ NYSE Int. Duration
Quality Municipal Term Fund $.0495 - NQM NYSE Investment Quality
$.0820 -
California
NAC NYSE Dividend Advantage $.0800 - NKX NYSE CA AMT-Free Municipal
Income $.0720 - NCA NYSE CA Municipal Value $.0390 - NVX NYSE MKT
Dividend Advantage 2 $.0700 - NZH NYSE MKT Dividend Advantage 3
$.0670 - NXC NYSE CA Select Portfolio $.0570 - NCB NYSE MKT CA
Municipal Value 2 $.0650 -
New
York
NRK NYSE AMT-Free Municipal Income $.0610 - NNP NYSE Performance
Plus $.0685 - NAN NYSE Dividend Advantage $.0650 - NXK NYSE MKT
Dividend Advantage 2 $.0580 - NXN NYSE NY Select Portfolio $.0460 -
NNY NYSE NY Municipal Value $.0325 - NYV NYSE MKT NY Municipal
Value 2 $.0525 -
Other State
Funds
NAZ NYSE AZ Premium Income $.0665 - NTC NYSE CT Premium Income
$.0570 - NKG NYSE GA Dividend Advantage 2 $.0535 - NMT NYSE MA
Premium Income $.0590 - NMY NYSE MD Premium Income $.0555 - NUM
NYSE MI Quality Income $.0675 - NMS NYSE MN Municipal Income Fund
$.0690 - NOM NYSE MKT MO Premium Income $.0610 - NNC NYSE NC
Premium Income $.0490 - NXJ NYSE NJ Dividend Advantage $.0680 - NJV
NYSE MKT NJ Municipal Value $.0500 - NUO NYSE OH Quality Income
$.0700 - NQP NYSE PA Investment Quality $.0690 - NPN NYSE MKT PA
Municipal Value $.0520 - NTX NYSE TX Quality Income $.0545 - NPV
NYSE VA Premium Income $.0610 - Monthly Taxable
Distribution Per Share
Closed-End
Funds:
Change From
Ticker
Taxable
Funds
Amount Previous Month
Preferred
Securities
JTP NYSE Quality Preferred Income Fund $.0550 - JPS NYSE Quality
Preferred Income Fund 2 $.0580 - JHP NYSE Quality Preferred Income
Fund 3 $.0560 - JPC NYSE Preferred Income Opportunities Fund $.0655
- JPI NYSE Preferred and Income Term Fund $.1595 -
Floating Rate:
Corporate Loans
NSL NYSE Senior Income Fund $.0350 - JFR NYSE Floating Rate Income
Fund $.0600 - JRO NYSE Floating Rate Income Opportunity Fund $.0630
- JSD NYSE Short Duration Credit Opportunities Fund $.0970 - JQC
NYSE Credit Strategies Income Fund $.0485 -
Mortgage-Backed
Securities
JLS NYSE Mortgage Opportunity Term Fund $.1265 - JMT NYSE Mortgage
Opportunity Term Fund 2 $.1275 - JMM NYSE Multi-Market Income Fund
$.0400 -
Taxable
Municipal
NBB NYSE Build America Bond Fund $.1160 - NBD NYSE Build America
Bond Opportunity Fund $.1140 -
Real
Assets
JRI NYSE Real Asset Income and Growth $.1345 -
Global
Equity
JGH NYSE Global High Income Fund $.1320 -
The following dates apply to the distribution for the Nuveen
MLP Funds.
Record Date April 15, 2015 Ex-Dividend
Date April 13, 2015 Payable Date May 15,
2015 Reinvest Date May 15, 2015
Quarterly Distribution Per Share Change From
Ticker
Exchange
Taxable
Funds
Amount Previous Quarter JMF NYSE Energy MLP Total Return
Fund $.3350 .0020 JMLP NYSE All Cap Energy MLP Opportunities Fund
$.3420 -
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 generally 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 closed-end 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
http://www.nuveen.com/Home/Documents/Default.aspx?fileId=64342
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. Each January, updated tax
characteristics for affected funds are posted to the Nuveen web
site and mailed to shareholders via form 1099-DIV during the first
quarter of the year.
Nuveen Investments provides high-quality investment services
designed to help secure the long-term goals of institutional and
individual investors as well as the consultants and financial
advisors who serve them. Nuveen Investments markets a wide range of
specialized investment solutions which provide investors access to
capabilities of its high-quality boutique investment
affiliates—Nuveen Asset Management, LLC, Symphony Asset Management
LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset
Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital
Management, LLC and Gresham Investment Management LLC, all of which
are registered investment advisers and independent investment
subsidiaries of Nuveen Investments, Inc. Funds distributed by
Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc.
Nuveen Investments operates as a separate subsidiary within
TIAA-CREF, which is a leading provider of retirement and financial
services in the academic, research, medical and cultural fields. In
total, Nuveen Investments managed approximately $230 billion as of
December 31, 2014. For more information, please visit the Nuveen
Investments website at www.nuveen.com.
* Nuveen does not provide tax advice; consult a professional tax
advisor regarding your specific tax situation.
6896-INV-O-03/16
Nuveen InvestmentsMedia Contact:Kristyna Munoz(312)
917-8343kristyna.munoz@nuveen.com
Nuveen New York Dividend Advantage Municipal Fund 2 Share of Beneficial Interest (delisted) (AMEX:NXK)
Historical Stock Chart
From Sep 2024 to Oct 2024
Nuveen New York Dividend Advantage Municipal Fund 2 Share of Beneficial Interest (delisted) (AMEX:NXK)
Historical Stock Chart
From Oct 2023 to Oct 2024