Nuveen Closed-End Funds Declare Monthly Distributions
October 01 2013 - 4:38PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced that 87 Nuveen closed-end funds 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.
The following dates apply to today's distribution
declarations for the following Closed-End Funds:
Record Date October 15, 2013 Ex-Dividend
Date October 10, 2013 Payable Date November 1,
2013 Reinvest Date November 1, 2013
Monthly Tax-Free Distribution Per Share Change
From Amount Previous Month
Ticker
Fund
Name
NXP Select Portfolio $.0525 - NXQ Select Portfolio 2 $.0525 - NXR
Select Portfolio 3 $.0525 - NXC CA Select Portfolio $.0570 - NXN NY
Select Portfolio $.0525 - NUV Municipal Value $.0370 - NUW
Municipal Value 2 $.0670 - NCA CA Municipal Value $.0390 - NNY NY
Municipal Value $.0310 - NMI Municipal Income $.0475 - NIM Select
Maturities $.0285 - NYV NY Municipal Value 2 $.0560 - NCB CA
Municipal Value 2 $.0650 - NJV NJ Municipal Value $.0520 - NPN PA
Municipal Value $.0530 -
Leveraged
Funds
National
NPI Premium Income $.0720 - NPP Performance Plus $.0770 - NMA
Advantage $.0670 - NMO Market Opportunity $.0645 - NQM Investment
Quality $.0800 - NQI Quality Municipal $.0660 - NQS Select Quality
$.0650 - NQU Quality Income $.0655 -
Change From
Amount Previous Month NIO Municipal
Opportunity $.0730 - NPF Premier $.0700 - NPM Premium Income 2
$.0720 - NPT Premium Income 4 $.0680 - NAD Dividend Advantage
$.0730 - NEA AMT-Free Municipal Income $.0685 - NXZ Dividend
Advantage 2 $.0670 - NZF Dividend Advantage 3 $.0580 - NVG Dividend
Advantage Municipal $.0545 - NMZ High Income Opportunity Fund
$.0730 - NEV Enhanced Municipal Value Fund $.0800 - NID Int.
Duration Municipal Term Fund $.0550 - NIQ Int. Duration Quality
Municipal Term Fund $.0480 -
California
NKX CA AMT-Free Municipal Income $.0700 - NCP Performance Plus
$.0790 - NCO Market Opportunity $.0800 - NQC Investment Quality
$.0770 - NVC Select Quality $.0830 - NUC Quality Income $.0850 -
NCU Premium Income $.0700 - NAC Dividend Advantage $.0740 - NVX
Dividend Advantage 2 $.0750 - NZH Dividend Advantage 3 $.0670 -
New
York
NRK AMT-Free Municipal Income $.0690 - NNP Performance Plus $.0710
- NAN Dividend Advantage $.0630 - NXK Dividend Advantage 2 $.0550 -
Other State
Funds
NAZ AZ Premium Income $.0640 - NTC CT Premium Income $.0570 - NKG
GA Dividend Advantage 2 $.0535 - NMT MA Premium Income $.0555 - NMB
MA Dividend Advantage $.0540 - NGX Insured MA Tax-Free Advantage
$.0480 - NMY MD Premium Income $.0555 - NUM MI Quality Income
$.0740 - NOM MO Premium Income $.0610 - NNC NC Premium Income
$.0503 - NQJ NJ Investment Quality $.0670 - NNJ NJ Premium Income
$.0710 - NXJ NJ Dividend Advantage $.0550 - NUJ NJ Dividend
Advantage 2 $.0565 - NUO OH Quality Income $.0800 - NQP PA
Investment Quality $.0700 - NPY PA Premium Income 2 $.0700 - NXM PA
Dividend Advantage $.0595 -
Change From Amount
Previous Month NVY PA Dividend Advantage 2 $.0620 - NTX TX
Quality Income $.0580 - NPV VA Premium Income $.0595 -
Monthly Taxable Distribution Per Share
Closed-End
Funds:
Change From
Ticker
Taxable
Funds
Amount Previous Month
Preferred
Securities
JTP Quality Preferred Income Fund $.0520 - JPS Quality Preferred
Income Fund 2 $.0550 - JHP Quality Preferred Income Fund 3 $.0520 -
JPC Preferred Income Opportunities Fund $.0633 - JPI Preferred and
Income Term Fund $.1690 - JPW Nuveen Flexible Investment Income
Fund $.1260 -
Floating Rate:
Corporate Loans
NSL Senior Income Fund $.0390 - JFR Floating Rate Income Fund
$.0670 - JRO Floating Rate Income Opportunity Fund $.0690 - JSD
Short Duration Credit Opportunities Fund $.1220 - JQC Credit
Strategies Income Fund $.0580 -
Mortgage-Backed
Securities
JLS Mortgage Opportunity Term Fund $.1405 - JMT Mortgage
Opportunity Term Fund 2 $.1425 -
Taxable
Municipal
NBB Build America Bond Fund $.1160 - NBD Build America Bond
Opportunity Fund $.1140 -
Real
Assets
JRI Real Asset Income and Growth $.1345 -
The following dates apply to today's distribution
declarations for the following MTP Shares:
Record Date October 15, 2013
Ex-Dividend Date October 10, 2013 Payable Date
November 1, 2013
Ticker
MuniFund Term
Preferred
Monthly Tax-Free Distribution Per Share NAD PrC Nuveen
Dividend Advantage Municipal Fund MTP .022500 NAN PrC Nuveen New
York Dividend Advantage Municipal Fund MTP .022500 NAN PrD Nuveen
New York Dividend Advantage Municipal Fund MTP .020833 NCU PrC
Nuveen California Premium Income Municipal Fund MTP .016667 NEA PrC
Nuveen AMT-Free Municipal Income Fund MTP .023750 NGX PrC Nuveen
Massachusetts AMT-Free Municipal Income Fund MTP .022083 NKG PrC
Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP .022083 NKG
PrD Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP .022083
NKG PrE Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP
.022083 NMB PrC Nuveen Massachusetts Dividend Advantage Municipal
Fund MTP .021667 NMT PrC Nuveen Massachusetts Premium Income
Municipal Fund MTP .022083 NMT PrD Nuveen Massachusetts Premium
Income Municipal Fund MTP .022917 NMY PrC Nuveen Maryland Premium
Income Municipal Fund MTP .022083 NMY PrD Nuveen Maryland Premium
Income Municipal Fund MTP .024167 NNC PrC Nuveen North Carolina
Premium Income Municipal Fund MTP .022083 NNC PrD Nuveen North
Carolina Premium Income Municipal Fund MTP .021667 NNC PrE Nuveen
North Carolina Premium Income Municipal Fund MTP .021667 NNC PrF
Nuveen North Carolina Premium Income Municipal Fund MTP .021667 NNC
PrG Nuveen North Carolina Premium Income Municipal Fund MTP .022083
NOM PrC Nuveen Missouri Premium Income Municipal Fund MTP .017500
NRK PrC Nuveen New York AMT-Free Municipal Income Fund MTP .021250
NTC PrC Nuveen Connecticut Premium Income Municipal Fund MTP
.022083 NTC PrD Nuveen Connecticut Premium Income Municipal Fund
MTP .021250 NTC PrE Nuveen Connecticut Premium Income Municipal
Fund MTP .021667 NTC PrF Nuveen Connecticut Premium Income
Municipal Fund MTP .021667 NTC PrG Nuveen Connecticut Premium
Income Municipal Fund MTP .022083 NTX PrC Nuveen Texas Quality
Income Municipal Fund MTP .019167 NUJ PrC Nuveen New Jersey
Dividend Advantage Municipal Fund 2 MTP .016667 NVG PrC Nuveen
Dividend Advantage Municipal Fund MTP .024583 NVY PrC Nuveen
Pennsylvania Dividend Advantage Municipal Fund 2 MTP .017917 NXK
PrC Nuveen New York Dividend Advantage Municipal Fund 2 MTP .021250
NXM PrC Nuveen Pennsylvania Dividend Advantage Municipal Fund MTP
.017500 NZF PrC Nuveen Dividend Advantage Municipal Fund 3 MTP
.023333 NMY PrG Nuveen Maryland Premium Income Municipal Fund MTP
.022083 NMY PrE Nuveen Maryland Premium Income Municipal Fund MTP
.021667 NMY PrF Nuveen Maryland Premium Income Municipal Fund MTP
.021667 NMY PrH Nuveen Maryland Premium Income Municipal Fund MTP
.023750 NUM PrC Nuveen Michigan Quality Income Municipal Fund MTP
.019167 NAZ PrC Nuveen Arizona Premium Income Municipal Fund MTP
.017083 NAZ PrD Nuveen Arizona Premium Income Municipal Fund MTP
.024167
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 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 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.
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 subsidiaries of Nuveen
Investments, Inc. Funds distributed by Nuveen Securities, LLC., a
subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments
managed approximately $216 billion as of June 30, 2013. 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.
Nuveen InvestmentsMedia Contact:Kristyna Munoz, (312)
917-8343kristyna.munoz@nuveen.com
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