Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the merger of the Nuveen Energy MLP Total Return Fund (JMF) and the MLP & Strategic Equity Fund Inc. (MTP) was completed prior to the opening of business on August 27, 2012.

The closed-end funds have been merged as follows:

Acquired Fund   Symbol   Acquiring Fund   Symbol MLP & Strategic Equity Fund Inc.   MTP   Nuveen Energy MLP Total Return Fund   JMF

In the merger, JMF acquired substantially all of the assets and liabilities of MTP in a tax-free transaction in exchange for an equal aggregate value of newly-issued common shares. The exchange took place based upon the funds closing net asset values on August 24, 2012. The exchange ratio at which common shares of the acquired fund were exchanged for common shares of the acquiring fund is listed below:

Fund   Exchange Ratio MLP & Strategic Equity Fund Inc. (MTP)   1.02955584

An overview and frequently asked questions regarding the merger can be found by clicking here.

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, Symphony Asset Management, NWQ Investment Management Company, Santa Barbara Asset Management, Tradewinds Global Investors, Winslow Capital Management, and Gresham Investment Management. In total, Nuveen Investments managed approximately $212 billion as of June 30, 2012. For more information, please visit the Nuveen Investments website at www.nuveen.com.

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