The cost, fair value and net unrealized appreciation (depreciation) of the investments of MLP & Strategic Equity (MTP) as of the date of the Reorganization was as follows:
|
|
MLP & Strategic
Equity (MTP)
|
|
Cost of investments
|
|
$
|
228,628,929
|
|
|
Fair value of investments
|
|
|
305,909,381
|
|
|
Net unrealized appreciation (depreciation) of investments
|
|
|
77,280,452
|
|
|
For financial reporting purposes, assets received and shares issued by the Fund were recorded at fair value; however, the cost basis of the investments received from MLP & Strategic Equity (MTP) were carried forward to align ongoing reporting of the Fund's realized and unrealized gains and losses with amounts distributable to shareholders for tax purposes.
For accounting and performance reporting purposes, the Fund is the survivor. The shares outstanding, net assets and net asset value ("NAV") per share immediately before and after the Reorganization are as follows:
Prior to the Reorganization
|
|
MLP & Strategic
Equity (MTP)
|
|
Nuveen Energy MLP
Total Return Fund (JMF)
|
|
Shares outstanding
|
|
|
14,831,431
|
|
|
|
23,925,184
|
|
|
Net assets
|
|
$
|
269,635,083
|
|
|
$
|
422,472,616
|
|
|
NAV per share outstanding
|
|
$
|
18.18
|
|
|
$
|
17.66
|
|
|
Post Reorganization
|
|
Nuveen Energy MLP
Total Return Fund (JMF)
|
|
Shares outstanding
|
|
|
39,194,970
|
|
|
Net assets
|
|
$
|
692,107,699
|
|
|
NAV per share outstanding
|
|
$
|
17.66
|
|
|
The beginning of the current fiscal period for MLP & Strategic Equity (MTP) was December 1, 2011.
Assuming the Reorganization had been completed on December 1, 2011, the beginning of the Fund's current fiscal period, the pro forma results of operations for the fiscal year ended November 30, 2012, are as follows:
Net investment income (loss)
|
|
$
|
(20,326,010
|
)
|
|
Net realized and unrealized gains (losses)
|
|
|
111,611,132
|
|
|
Change in net assets resulting from operations
|
|
|
91,285,122
|
|
|
Because the combined investment portfolios for the Reorganization have been managed as a single integrated portfolio since the Reorganization was completed, it is not practicable to separate the amounts of revenue and earnings of MLP & Strategic Equity (MTP) that have been included in the Statement of Operations since the Reorganization was consummated.
In connection with the Reorganization, the Fund has established a reserve for certain associated costs and expenses. Such amounts are included as a component of "Accrued other expenses" on the Statement of Assets and Liabilities and "Reorganization expense" on the Statement of Operations.
9. New Accounting Pronouncements
Financial Accounting Standards Board ("FASB") Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities
In December 2011, the FASB issued Accounting Standards Update ("ASU") No. 2011-11 ("ASU No. 2011-11") to enhance disclosures about financial instruments and derivative instruments that are subject to offsetting ("netting") on the Statement of Assets and Liabilities. This information will enable users of the entity's financial statements to evaluate the effect or potential effect of netting arrangements on the entity's financial position. ASU No. 2011-11 is effective prospectively during interim or annual periods beginning on or after January 1, 2013. At this time, management is evaluating the implications of this guidance and the impact it will have to the financial statements amounts and footnote disclosures, if any
Board Members & Officers
(Unaudited)
The management of the Funds, including general supervision of the duties performed for the Funds by the Adviser, is the responsibility of the board members of the Funds. The number of board members of the Funds is currently set at ten. None of the board members who are not "interested" persons of the Funds (referred to herein as "independent board members") has ever been a director or employee of, or consultant to, Nuveen or its affiliates. The names and business addresses of the board members and officers of the Funds, their principal occupations and other affiliations during the past five years, the number of portfolios each oversees and other directorships they hold are set forth below.
Name, Birthdate
& Address
|
|
Position(s) Held
with the Funds
|
|
Year First
Elected or
Appointed
and Term
(1)
|
|
Principal Occupation(s)
including other Directorships
During Past 5 Years
|
|
Number of Portfolios
in Fund Complex
Overseen by
Board Member
|
|
Independent Board Members:
|
|
|
|
n
ROBERT P. BREMNER
|
|
|
|
|
8/22/40
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Chairman of
the Board
and Board Member
|
|
|
1996
|
|
|
Private Investor and Management Consultant; Treasurer and Director, Humanities Council of Washington, D.C.; Board Member, Independent Directors Council affiliated with the Investment Company Institute.
|
|
|
215
|
|
|
n
JACK B. EVANS
|
|
|
|
|
10/22/48
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Board Member
|
|
|
1999
|
|
|
President, The Hall-Perrine Foundation, a private philanthropic corporation (since 1996); Director and Chairman, United Fire Group, a publicly held company; member of the Board of Regents for the State of Iowa University System; Director, Source Media Group; Life Trustee of Coe College and the Iowa College Foundation; formerly, Director, Alliant Energy; formerly, Director, Federal Reserve Bank of Chicago; formerly, President and Chief Operating Officer, SCI Financial Group, Inc., a regional financial services firm.
|
|
|
215
|
|
|
n
WILLIAM C. HUNTER
|
|
|
|
|
3/6/48
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Board Member
|
|
|
2004
|
|
|
Dean Emeritus (since June 30, 2012), formerly, Dean, Tippie College of Business, University of Iowa (2006-2012); Director (since 2004) of Xerox Corporation; Director (since 2005), and President (since July 2012) Beta Gamma Sigma, Inc., The International Honor Society; Director of Wellmark, Inc. (since 2009); formerly, Dean and Distinguished Professor of Finance, School of Business at the University of Connecticut (2003-2006); previously, Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago (1995-2003); formerly, Director (1997-2007), Credit Research Center at Georgetown University.
|
|
|
215
|
|
|
Nuveen Investments
35
Board Members & Officers (Unaudited) (continued)
Name, Birthdate
& Address
|
|
Position(s) Held
with the Funds
|
|
Year First
Elected or
Appointed
and Term
(1)
|
|
Principal Occupation(s)
including other Directorships
During Past 5 Years
|
|
Number of Portfolios
in Fund Complex
Overseen by
Board Member
|
|
Independent Board Members (continued):
|
|
|
|
n
DAVID J. KUNDERT
|
|
|
|
|
10/28/42
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Board Member
|
|
|
2005
|
|
|
Director, Northwestern Mutual Wealth Management Company; retired (since 2004) as Chairman, JPMorgan Fleming Asset Management, President and CEO, Banc One Investment Advisors Corporation, and President, One Group Mutual Funds; prior thereto, Executive Vice President, Banc One Corporation and Chairman and CEO, Banc One Investment Management Group; Member, Board of Regents, Luther College; member of the Wisconsin Bar Association; member of Board of Directors, Friends of Boerner Botanical Gardens; member of Board of Directors and Chair of Investment Committee, Greater Milwaukee Foundation.
|
|
|
215
|
|
|
n
WILLIAM J. SCHNEIDER
|
|
|
|
|
9/24/44
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Board Member
|
|
|
1996
|
|
|
Chairman of Miller-Valentine Partners Ltd., a real estate investment company; formerly, Senior Partner and Chief Operating Officer (retired 2004) of Miller-Valentine Group; member, University of Dayton Business School Advisory Council; member, Mid-America Health System Board; formerly, member and chair, Dayton Philharmonic Orchestra Association; formerly, member, Business Advisory Council, Cleveland Federal Reserve Bank.
|
|
|
215
|
|
|
n
JUDITH M. STOCKDALE
|
|
|
|
|
12/29/47
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Board Member
|
|
|
1997
|
|
|
Formerly, Executive Director (1994-2012), Gaylord and Dorothy Donnelley Foundation (since 1994); prior thereto, Executive Director, Great Lakes Protection Fund (1990-1994).
|
|
|
215
|
|
|
n
CAROLE E. STONE
|
|
|
|
|
6/28/47
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Board Member
|
|
|
2007
|
|
|
Director, Chicago Board Options Exchange (since 2006); Director, C2 Options Exchange, Incorporated (since 2009); formerly, Commissioner, New York State Commission on Public Authority Reform (2005-2010); formerly, Chair, New York Racing Association Reform (2005-2010); formerly, Chair, New York Racing Association Oversight Board (2005-2007).
|
|
|
215
|
|
|
n
VIRGINIA L. STRINGER
|
|
|
|
|
8/16/44
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Board Member
|
|
|
2011
|
|
|
Board Member, Mutual Fund Directors Forum; former governance consultant and non-profit board member; former Owner and President, Strategic Management Resources, Inc. a management consulting firm; former Member, Governing Board, Investment Company Institute's Independent Directors Council; previously, held several executive positions in general management, marketing and human resources at IBM and The Pillsbury Company; Independent Director, First American Fund Complex (1987-2010) and Chair (1997-2010).
|
|
|
215
|
|
|
Nuveen Investments
36
Name, Birthdate
& Address
|
|
Position(s) Held
with the Funds
|
|
Year First
Elected or
Appointed
and Term
(1)
|
|
Principal Occupation(s)
including other Directorships
During Past 5 Years
|
|
Number of Portfolios
in Fund Complex
Overseen by
Board Member
|
|
Independent Board Members (continued):
|
|
|
|
n
TERENCE J. TOTH
|
|
|
|
|
9/29/59
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Board Member
|
|
|
2008
|
|
|
Director, Legal & General Investment Management America, Inc. (since 2008); Managing Partner, Promus Capital (since 2008); formerly, CEO and President, Northern Trust Global Investments (2004-2007); Executive Vice President, Quantitative Management & Securities Lending (2000-2004); prior thereto, various positions with Northern Trust Company (since 1994); member: Chicago Fellowship Board (since 2005), Catalyst Schools of Chicago Board (since 2008) and Mather Foundation Board (since 2012), and a member of its investment committee; formerly, Member, Northern Trust Mutual Funds Board (2005-2007), Northern Trust Global Investments Board (2004-2007), Northern Trust Japan Board (2004-2007), Northern Trust Securities Inc. Board (2003-2007) and Northern Trust Hong Kong Board (1997-2004).
|
|
|
215
|
|
|
Interested Board Member:
|
|
|
|
n
JOHN P. AMBOIAN
(2)
|
|
|
|
|
6/14/61 333
W. Wacker Drive
Chicago, IL 60606
|
|
|
Board Member
|
|
|
2008
|
|
|
Chief Executive Officer and Chairman (since 2007) and Director (since 1999) of Nuveen Investments, Inc., formerly, President (1999-2007); Chief Executive Officer (since 2007) of Nuveen Investments Advisers, Inc.; Director (since 1998) formerly, Chief Executive Officer (2007-2010) of Nuveen Fund Advisors, LLC.
|
|
|
215
|
|
|
Name, Birthdate
and Address
|
|
Position(s) Held with
the Funds
|
|
Year First
Elected or
Appointed
(3)
|
|
Principal Occupation(s)
During Past 5 Years
|
|
Number of Portfolios
in Fund Complex
Overseen by
Officer
|
|
Officers of the Funds:
|
|
|
|
n
GIFFORD R. ZIMMERMAN
|
|
|
|
|
9/9/56
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Chief
Administrative
Officer
|
|
|
1988
|
|
|
Managing Director (since 2002), and Assistant Secretary of Nuveen Securities, LLC; Managing Director (since 2004) and Assistant Secretary (since 1994) of Nuveen Investments, Inc.; Managing Director (since 2002), Assistant Secretary (since 1997) and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC; Managing Director, Assistant Secretary and Associate General Counsel of Nuveen Asset Management, LLC (since 2011); Managing Director, Associate General Counsel and Assistant Secretary, of Symphony Asset Management LLC (since 2003); Vice President and Assistant Secretary of NWQ Investment Management Company, LLC (since 2002), Nuveen Investments Advisers Inc. (since 2002), Santa Barbara Asset Management, LLC (since 2006), and of Winslow Capital Management, LLC, (since 2010); Chief Administrative Officer and Chief Compliance Officer (since 2006) of Nuveen Commodities Asset Management, LLC; Chartered Financial Analyst.
|
|
|
215
|
|
|
Nuveen Investments
37
Board Members & Officers (Unaudited) (continued)
Name, Birthdate
and Address
|
|
Position(s) Held with
the Funds
|
|
Year First
Elected or
Appointed
(3)
|
|
Principal Occupation(s)
During Past 5 Years
|
|
Number of Portfolios
in Fund Complex
Overseen by
Officer
|
|
Officers of the Funds (continued):
|
|
|
|
n
WILLIAM ADAMS IV
|
|
|
|
|
6/9/55
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Vice President
|
|
|
2007
|
|
|
Senior Executive Vice President, Global Structured Products (since 2010), formerly, Executive Vice President (1999-2010) of Nuveen Securities, LLC; Co-President of Nuveen Fund Advisors, LLC (since 2011); President (since 2011), formerly, Managing Director (2010-2011) of Nuveen Commodities Asset Management, LLC.
|
|
|
115
|
|
|
n
CEDRIC H. ANTOSIEWICZ
|
|
|
|
|
1/11/62
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Vice President
|
|
|
2007
|
|
|
Managing Director of Nuveen Securities, LLC.
|
|
|
115
|
|
|
n
MARGO L. COOK
|
|
|
|
|
4/11/64
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Vice President
|
|
|
2009
|
|
|
Executive Vice President (since 2008) of Nuveen Investments, Inc. and of Nuveen Fund Advisors, LLC (since 2011); Managing Director-Investment Services of Nuveen Commodities Asset Management, LLC (since August 2011), previously, Head of Institutional Asset Management (2007-2008) of Bear Stearns Asset Management; Head of Institutional Asset Management (1986-2007) of Bank of NY Mellon; Chartered Financial Analyst.
|
|
|
215
|
|
|
n
LORNA C. FERGUSON
|
|
|
|
|
10/24/45
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Vice President
|
|
|
1998
|
|
|
Managing Director (since 2005) of Nuveen Fund Advisors, LLC and Nuveen Securities, LLC (since 2004).
|
|
|
215
|
|
|
n
STEPHEN D. FOY
|
|
|
|
|
5/31/54
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Vice President
and Controller
|
|
|
1998
|
|
|
Senior Vice President (since 2010), formerly, Vice President (2005-2010) and Funds Controller of Nuveen Securities, LLC; Vice President of Nuveen Fund Advisors, LLC; Chief Financial Officer of Nuveen Commodities Asset Management, LLC (since 2010); Certified Public Accountant.
|
|
|
215
|
|
|
n
SCOTT S. GRACE
|
|
|
|
|
8/20/70
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Vice President
and Treasurer
|
|
|
2009
|
|
|
Managing Director, Corporate Finance & Development, Treasurer (since 2009) of Nuveen Securities, LLC; Managing Director and Treasurer (since 2009) of Nuveen Fund Advisors, LLC, Nuveen Investments Advisers, Inc., Nuveen Investments Holdings Inc. and (since 2011) Nuveen Asset Management, LLC; Vice President and Treasurer of NWQ Investment Management Company, LLC, Tradewinds Global Investors, LLC, Symphony Asset Management LLC and Winslow Capital Management, LLC.; Vice President of Santa Barbara Asset Management, LLC; formerly, Treasurer (2006-2009), Senior Vice President (2008-2009), previously, Vice President (2006-2008) of Janus Capital Group, Inc.; formerly, Senior Associate in Morgan Stanley's Global Financial Services Group (2000-2003); Chartered Accountant Designation.
|
|
|
215
|
|
|
Nuveen Investments
38
Name, Birthdate
and Address
|
|
Position(s) Held with
the Funds
|
|
Year First
Elected or
Appointed
(3)
|
|
Principal Occupation(s)
During Past 5 Years
|
|
Number of Portfolios
in Fund Complex
Overseen by
Officer
|
|
Officers of the Funds (continued):
|
|
|
|
n
WALTER M. KELLY
|
|
|
|
|
2/24/70
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Chief Compliance
Officer and
Vice President
|
|
|
2003
|
|
|
Senior Vice President (since 2008) and Assistant Secretary (since 2003) of Nuveen Fund Advisors, LLC; Senior Vice President (since 2008) of Nuveen Investment Holdings, Inc.; formerly, Senior Vice President (2008-2011) of Nuveen Securities, LLC.
|
|
|
215
|
|
|
n
TINA M. LAZAR
|
|
|
|
|
8/27/61
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Vice President
|
|
|
2002
|
|
|
Senior Vice President (since 2010), formerly, Vice President (2005-2010) of Nuveen Fund Advisors, LLC.
|
|
|
215
|
|
|
n
KEVIN J. MCCARTHY
|
|
|
|
|
3/26/66
333 W. Wacker Drive
Chicago, IL 60606
|
|
|
Vice President
and Secretary
|
|
|
2007
|
|
|
Managing Director and Assistant Secretary (since 2008), formerly, Vice President (2007-2008), Nuveen Securities, LLC; Managing Director (since 2008), Assistant Secretary (since 2007) and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC; Managing Director, Assistant Secretary and Associate General Counsel (since 2011) of Nuveen Asset Management, LLC; Managing Director (since 2008), and Assistant Secretary, Nuveen Investment Holdings, Inc.; Vice President (since 2007) and Assistant Secretary of Nuveen Investments Advisers Inc., NWQ Investment Management Company, LLC, NWQ Holdings, LLC,Symphony Asset Management LLC, Santa Barbara Asset Management,LLC, and of Winslow Capital Management, LLC (since 2010); Vice President and Secretary (since 2010) of Nuveen Commodities Asset Management, LLC; prior thereto, Partner, Bell, Boyd & Lloyd LLP (1997-2007).
|
|
|
215
|
|
|
n
KATHLEEN L. PRUDHOMME
|
|
|
|
|
3/30/53
901
Marquette Avenue
Minneapolis, MN 55402
|
|
|
Vice President and
Assistant Secretary
|
|
|
2011
|
|
|
Managing Director, Assistant Secretary and Co-General Counsel (since 2011) of Nuveen Fund Advisors, LLC; Managing Director, Assistant Secretary and Associate General Counsel (since 2011) of Nuveen Asset Management, LLC; Managing Director and Assistant Secretary (since 2011) of Nuveen Securities, LLC; formerly, Deputy General Counsel, FAF Advisors, Inc. (2004-2010).
|
|
|
215
|
|
|
(1) The Board Members serve a one year term to serve until the next annual meeting or until their successors shall have been duly elected and qualified. The year first elected or appointed represents the year in which the board member was first elected or appointed to any fund in the Nuveen Complex.
(2) Mr. Amboian is an interested Director because of his position with Nuveen Investments, Inc. and certain of its subsidiaries, which are affiliates of the Nuveen Funds.
(3) Officers serve one year terms through August of each year. The year first elected or appointed represents the year in which the Officer was first elected or appointed to any fund in the Nuveen Complex.
Nuveen Investments
39
Reinvest Automatically,
Easily and Conveniently
Nuveen makes reinvesting easy. A phone call is all it takes to set up your reinvestment account.
Nuveen Closed-End Funds Automatic Reinvestment Plan
Your Nuveen Closed-End Fund allows you to conveniently reinvest distributions in additional Fund shares.
By choosing to reinvest, you'll be able to invest money regularly and automatically, and watch your investment grow through the power of compounding. Just like distributions in cash, there may be times when income or capital gains taxes may be payable on distributions that are reinvested.
It is important to note that an automatic reinvestment plan does not ensure a profit, nor does it protect you against loss in a declining market.
Easy and convenient
To make recordkeeping easy and convenient, each month you'll receive a statement showing your total distributions, the date of investment, the shares acquired and the price per share, and the total number of shares you own.
How shares are purchased
The shares you acquire by reinvesting will either be purchased on the open market or newly issued by the Fund. If the shares are trading at or above net asset value at the time of valuation, the Fund will issue new shares at the greater of the net asset value or 95% of the then-current market price. If the shares are trading at less than net asset value, shares for your account will be purchased on the open market. If the Plan Agent begins purchasing Fund shares on the open market while shares are trading below net asset value, but the Fund's shares subsequently trade at or above their net asset value before the Plan Agent is able to complete its purchases, the Plan Agent may cease open-market purchases and may invest the uninvested portion of the distribution in newly-issued Fund shares at a price equal to the greater of the shares' net asset value or 95% of the shares' market value on the last business day immediately prior to the purchase date. Distributions received to purchase shares in the open market will normally be invested shortly after the distribution payment date. No interest will be paid on distributions awaiting reinvestment. Because the market price of the shares may increase before purchases are completed, the average purchase price per share may exceed the market price at the time of valuation, resulting in the acquisition of fewer shares than if the distribution had been paid in shares issued by the Fund. A pro rata portion of any applicable brokerage commissions on open market purchases will be paid
Nuveen Investments
40
by Plan participants. These commissions usually will be lower than those charged on individual transactions.
Flexible
You may change your distribution option or withdraw from the Plan at any time, should your needs or situation change.
You can reinvest whether your shares are registered in your name, or in the name of a brokerage firm, bank, or other nominee. Ask your financial advisor if his or her firm will participate on your behalf. Participants whose shares are registered in the name of one firm may not be able to transfer the shares to another firm and continue to participate in the Plan.
The Fund reserves the right to amend or terminate the Plan at any time. Although the Fund reserves the right to amend the Plan to include a service charge payable by the participants, there is no direct service charge to participants in the Plan at this time.
Call today to start reinvesting distributions
For more information on the Nuveen Automatic Reinvestment Plan or to enroll in or withdraw from the Plan, speak with your financial advisor or call us at (800) 257-8787.
Nuveen Investments
41
Glossary of Terms
Used in this Report
•
Alerian MLP Index:
A composite of the 50 most prominent energy Master Limited Partnerships. The index, which is calculated using a float-adjusted, capitalization-weighted methodology, is disseminated real-time on a price-return basis, and the corresponding total-return index is disseminated daily. The index returns assume reinvestment of distributions, but do not reflect any applicable sales charges or management fees.
•
Average Annual Total Return:
This is a commonly used method to express an investment's performance over a particular, usually multi-year time period. It expresses the return that would have been necessary each year to equal the investment's actual cumulative performance (including change in NAV or market price and reinvested dividends and capital gains distributions, if any) over the time period being considered.
•
Current Distribution Rate:
An investment's current annualized distribution divided by its current market price.
•
Effective Leverage:
Effective leverage is a Fund's effective economic leverage, and includes both regulatory leverage (see Leverage) and the leverage effects of certain derivative investments in the Fund's portfolio.
•
Leverage:
Using borrowed money to invest in securities or other assets, seeking to increase the return of an investment or portfolio.
•
Net Asset Value (NAV):
The net market value of all securities held in a portfolio.
•
Net Asset Value (NAV) Per Share:
The market value of one share of a mutual fund or closed-end fund. For a Fund, the NAV is calculated daily by taking the Fund's total assets (securities, cash, and accrued earnings), subtracting the Fund's liabilities, and dividing by the number of shares outstanding.
•
Regulatory Leverage:
Regulatory Leverage consists of preferred shares issued by or borrowings of a Fund. Both of these are part of a Fund's capital structure. Regulatory leverage is sometimes referred to as "'40 Act Leverage" and is subject to asset coverage limits set in the Investment Company Act of 1940.
•
S&P 500
®
Index:
An unmanaged index generally considered representative of the U.S. stock market. Index returns assume reinvestment of distributions, but do not reflect any applicable sales charges or management fees.
Nuveen Investments
42
Additional Fund Information
Board of Trustees
John P. Amboian
Robert P. Bremner
Jack B. Evans
William C. Hunter
David J. Kundert
William J. Schneider
Judith M. Stockdale
Carole E. Stone
Virginia L. Stringer
Terence J. Toth
Fund Manager
Nuveen Fund Advisors, LLC
333 West Wacker Drive
Chicago, IL 60606
Custodian
State Street Bank
& Trust Company
Boston, MA
Transfer Agent and
Shareholder Services
State Street Bank
& Trust Company
Nuveen Funds
P.O. Box 43071
Providence, RI 02940-3071
(800) 257-8787
Legal Counsel
Chapman and Cutler LLP
Chicago, IL
Independent Registered
Public Accounting Firm
PricewaterhouseCoopers LLP
Chicago, IL
Quarterly Portfolio of Investments and Proxy Voting Information
You may obtain (i) the Fund's quarterly portfolio of investments, (ii) information regarding how the Fund voted proxies relating to portfolio securities held during the most recent twelve-month period ended June 30, and (iii) a description of the policies and procedures that the Fund used to determine how to vote proxies relating to portfolio securities without charge, upon request, by calling Nuveen Investments toll-free at (800) 257-8787 or on Nuveen's website at www.nuveen.com.
You may also obtain this and other Fund information directly from the Securities and Exchange Commission (SEC). The SEC may charge a copying fee for this information. Visit the SEC on-line at http://www.sec.gov or in person at the SEC's Public Reference Room in Washington, D.C. Call the SEC at (202) 942-8090 for room hours and operation. You may also request Fund information by sending an e-mail request to publicinfo@sec.gov or by writing to the SEC's Public Reference Section at 100 F Street NE, Washington, D.C. 20549.
CEO Certification Disclosure
The Fund's Chief Executive Officer has submitted to the New York Stock Exchange (NYSE) the annual CEO certification as required by Section 303A.12(a) of the NYSE Listed Company Manual.
The Fund has filed with the SEC the certification of its Chief Executive Officer and Chief Financial Officer required by Section 302 of the Sarbanes-Oxley Act.
Share Information
The Fund intends to repurchase shares of its own common stock in the future at such times and in such amounts as is deemed advisable. During the period covered by this report, the Fund repurchased shares of its common stock as shown in the accompanying table.
|
|
Common Shares
Repurchased
|
|
JMF
|
|
|
|
|
|
Any future repurchases will be reported to shareholders in the next annual or semi-annual report.
Nuveen Investments
43
Nuveen Investments:
Serving Investors for Generations
Since 1898, financial advisors and their clients have relied on Nuveen Investments to provide dependable investment solutions through continued adherence to proven, long-term investing principles. Today, we offer a range of high quality equity and fixed-income solutions designed to be integral components of a well-diversified core portfolio.
Focused on meeting investor needs.
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 affiliatesNuveen 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 $220 billion as of September 30, 2012.
Find out how we can help you.
To learn more about how the products and services of Nuveen Investments may be able to help you meet your financial goals, talk to your financial advisor, or call us at
(800) 257-8787
. Please read the information provided carefully before you invest. Investors should consider the investment objective and policies, risk considerations, charges and expenses of any investment carefully. Where applicable, be sure to obtain a prospectus, which contains this and other relevant information. To obtain a prospectus, please contact your securities representative or
Nuveen Investments, 333 W. Wacker Dr., Chicago, IL 60606
. Please read the prospectus carefully before you invest or send money.
Learn more about Nuveen Funds at:
www.nuveen.com/cef
Distributed by
Nuveen Securities, LLC
333 West Wacker Drive
Chicago, IL 60606
www.nuveen.com/cef
ITEM 2. CODE OF ETHICS.
As of the end of the period covered by this report, the registrant has adopted a code of ethics that applies to the registrants principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions. There were no amendments to or waivers from the Code during the period covered by this report. The registrant has posted the code of ethics on its website at www.nuveen.com/CEF/Shareholder/FundGovernance.aspx. (To view the code, click on Code of Conduct.)
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
The registrants Board of Directors or Trustees (Board) determined that the registrant has at least one audit committee financial expert (as defined in Item 3 of Form N-CSR) serving on its Audit Committee. The registrants audit committee financial expert is Carole E. Stone, who is independent for purposes of Item 3 of Form N-CSR.
Ms. Stone served for five years as Director of the New York State Division of the Budget. As part of her role as Director, Ms. Stone was actively involved in overseeing the development of the States operating, local assistance and capital budgets, its financial plan and related documents; overseeing the development of the States bond-related disclosure documents and certifying that they fairly presented the States financial position; reviewing audits of various State and local agencies and programs; and coordinating the States system of internal audit and control. Prior to serving as Director, Ms. Stone worked as a budget analyst/examiner with increasing levels of responsibility over a 30 year period, including approximately five years as Deputy Budget Director. Ms. Stone has also served as Chair of the New York State Racing Association Oversight Board, as Chair of the Public Authorities Control Board, as a Commissioner on the New York State Commission on Public Authority Reform and as a member of the Boards of Directors of several New York State public authorities. These positions have involved overseeing operations and finances of certain entities and assessing the adequacy of project/entity financing and financial reporting. Currently, Ms. Stone is on the Board of Directors of CBOE Holdings, Inc., of the Chicago Board Options Exchange, and of C2 Options Exchange. Ms. Stones position on the boards of these entities and as a member of both CBOE Holdings Audit Committee and its Finance Committee has involved, among other things, the oversight of audits, audit plans and preparation of financial statements.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
NUVEEN ENERGY MLP TOTAL RETURN FUND
|
|
Audit Fees Billed
|
|
Audit-Related Fees
|
|
Tax Fees
|
|
All Other Fees
|
|
Fiscal Year Ended
|
|
to Fund (1)
|
|
Billed to Fund (2)
|
|
Billed to Fund (3)
|
|
Billed to Fund (4)
|
|
November 30, 2012
|
|
$
|
49,222
|
|
$
|
7,500
|
|
$
|
6,750
|
|
$
|
0
|
|
|
|
|
|
|
|
|
|
|
|
Percentage approved pursuant to pre-approval exception
|
|
0
|
%
|
0
|
%
|
0
|
%
|
0
|
%
|
|
|
|
|
|
|
|
|
|
|
November 30, 2011
|
|
$
|
48,718
|
|
$
|
0
|
|
$
|
17,500
|
|
$
|
0
|
|
|
|
|
|
|
|
|
|
|
|
Percentage approved pursuant to pre-approval exception
|
|
0
|
%
|
0
|
%
|
0
|
%
|
0
|
%
|
(1)
Audit Fees are the aggregate fees billed for professional services for the audit of the Funds annual financial statements and services provided in connection with statutory and regulatory filings or engagements.
(2)
Audit-Related Fees are the aggregate fees billed for assurance and related services reasonably related to the performance of the audit or review of financial statements that are not reported under Audit Fees. These fees include offerings related to the Funds common shares and leverage.
(3)
Tax Fees are the aggregate fees billed for professional services for tax advice, tax compliance, and tax planning. These fees include: all global withholding tax services; excise and state tax reviews; and capital gain, tax equalization and taxable basis calculations performed by the principal accountant.
(4)
All Other Fees are the aggregate fees billed for products and services other than Audit Fees, Audit-Related Fees and Tax Fees. These fees represent all Agreed-Upon Procedures engagements pertaining to the Funds use of leverage.
|
|
Audit-Related Fees
|
|
Tax Fees Billed to
|
|
All Other Fees
|
|
|
|
|
|
Billed to Adviser and
|
|
Adviser and
|
|
Billed to Adviser
|
|
|
|
|
|
Affiliated Fund
|
|
Affiliated Fund
|
|
and Affiliated Fund
|
|
|
|
Fiscal Year Ended
|
|
Service Providers
|
|
Service Providers
|
|
Service Providers
|
|
|
|
November 30, 2012
|
|
$
|
0
|
|
$
|
0
|
|
$
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentage approved pursuant to pre-approval exception
|
|
0
|
%
|
0
|
%
|
0
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
November 30, 2011
|
|
$
|
0
|
|
$
|
0
|
|
$
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentage approved pursuant to pre-approval exception
|
|
0
|
%
|
0
|
%
|
0
|
%
|
|
|
|
|
|
|
Total Non-Audit Fees
|
|
|
|
|
|
|
|
|
|
billed to Adviser and
|
|
|
|
|
|
|
|
|
|
Affiliated Fund Service
|
|
Total Non-Audit Fees
|
|
|
|
|
|
|
|
Providers (engagements
|
|
billed to Adviser and
|
|
|
|
|
|
|
|
related directly to the
|
|
Affiliated Fund Service
|
|
|
|
|
|
Total Non-Audit Fees
|
|
operations and financial
|
|
Providers (all other
|
|
|
|
Fiscal Year Ended
|
|
Billed to Fund
|
|
reporting of the Fund)
|
|
engagements)
|
|
Total
|
|
November 30, 2012
|
|
$
|
6,750
|
|
$
|
0
|
|
$
|
0
|
|
$
|
6,750
|
|
November 30, 2011
|
|
$
|
17,500
|
|
$
|
0
|
|
$
|
0
|
|
$
|
17,500
|
|
Non-Audit Fees billed to Fund for both fiscal year ends represent Tax Fees and All Other Fees billed to Fund in their respective amounts from the previous table.
Less than 50 percent of the hours expended on the principal accountants engagement to audit the registrants financial statements for the most recent fiscal year were attributed to work performed by persons other than the principal accountants full-time, permanent employees.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.
The registrants Board has a separately designated Audit Committee established in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of 1934, as amended (15 U.S.C. 78c(a)(58)(A)). The members of the audit committee are Robert P. Bremner, Terence J. Toth, William J. Schneider, Carole E. Stone and David J. Kundert.
ITEM 6. SCHEDULE OF INVESTMENTS.
(a) See Portfolio of Investments in Item 1.
(b) Not applicable.
ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
The registrant has delegated the voting of proxies relating to its voting securities to its investment sub-adviser, FAMCO MLP. FAMCO MLPs Proxy Voting Policies and Procedures are as follows:
A.
Statement of Policy
1.
It is the policy of FAMCO MLP to vote all proxies over which it has voting authority in the best interest of FAMCO MLPs clients.
B.
Definitions
2.
By best interest of FAMCO MLPs clients, FAMCO MLP means clients best economic interest over the long term that is, the common interest that all clients share in seeing the value of a common investment increase over time. Clients may have differing political or social interests, but their best economic interest is generally uniform.
3.
By material conflict of interest, FAMCO MLP means circumstances when FAMCO MLP itself knowingly does business with a particular proxy issuer or closely affiliated entity, and may appear to have a significant conflict of interest between its own interests and the interests of clients in how proxies of that issuer are voted.
C.
FAMCO MLP Invests With Managements That Seek Shareholders Best Interests
4.
Under its investment philosophy, FAMCO MLP generally invests client funds in a company only if FAMCO MLP believes that the companys management seeks to serve shareholders best interests. Because FAMCO MLP has confidence in the managements of the companies in which it invests, it believes that management decisions and recommendations on issues such as proxy voting
generally
are likely to be in shareholders best interests.
5.
FAMCO MLP may periodically reassess its view of company managements. If FAMCO MLP concludes that a companys management no longer serves shareholders best interests, FAMCO MLP generally sells its clients shares of the company. FAMCO MLP believes that clients do not usually benefit from holding shares of a poorly managed company or engaging in proxy contests with management. There are times when FAMCO MLP believes managements position on a particular proxy issue is not in the best interests of our clients but it does not warrant a sale of the clients shares. In these circumstances, FAMCO MLP will vote contrary to managements recommendations.
D.
FAMCO MLPs Proxy Voting Procedures
6.
When companies in which FAMCO MLP has invested client funds issue proxies, FAMCO MLP routinely votes the proxies as recommended by management, because it believes that recommendations by these companies managements generally are in shareholders best interests, and therefore in the best economic interest of FAMCO MLPs clients.
7.
If FAMCO MLP has decided to sell the shares of a company, whether because of concerns about the companys management or for other reasons, FAMCO MLP generally abstains from voting proxies issued by the company after FAMCO MLP has made the decision to sell. FAMCO MLP generally will not notify clients when this type of routine abstention occurs.
8.
FAMCO MLP also may abstain from voting proxies in other circumstances. FAMCO MLP may determine, for example, that abstaining from voting is appropriate if voting may be unduly burdensome or expensive, or otherwise not in the best economic interest of clients, such as when foreign proxy issuers impose unreasonable voting or holding requirements. FAMCO MLP generally will not notify clients when this type of routine abstention occurs.
9.
The procedures in this policy apply to all proxy voting matters over which FAMCO MLP has voting authority, including changes in corporate governance structures, the adoption or amendment of compensation plans (including stock options), and matters involving social issues or corporate responsibility.
E.
Alternative Procedures for Potential Material Conflicts of Interest
10.
In certain circumstances, such as when the proponent of a proxy proposal is also a client of FAMCO MLP, an appearance might arise of a potential conflict between FAMCO MLPs interests and the interests of affected clients in how the proxies of that issuer are voted.
11.a.
When FAMCO MLP itself knowingly does business with a particular proxy issuer and a material conflict of interest between FAMCO MLPs interests and clients interests may appear to exist, FAMCO MLP generally would, to avoid any appearance concerns, follow an alternative procedure rather than vote proxies as recommended by management. Such an alternative procedure generally would involve causing the proxies to be voted in accordance with the recommendations of an independent service provider that FAMCO MLP may use to assist in voting proxies. FAMCO MLP generally will not notify clients if it uses this procedure to resolve an apparent material conflict of interest. FAMCO MLP will document the identification of any material conflict of interest and its procedure for resolving the particular conflict.
11.b.
In unusual cases, FAMCO MLP may use other alternative procedures to address circumstances when a material conflict of interest may appear to exist, such as, without limitation:
(i) Notifying affected clients of the conflict of interest (if practical), and seeking a waiver of the conflict to permit FAMCO MLP to vote the proxies under its usual policy;
(ii) Abstaining from voting the proxies; or
(iii) Forwarding the proxies to clients so that clients may vote the proxies themselves.
FAMCO MLP generally will notify affected clients if it uses one of these alternative procedures to resolve a material conflict of interest.
F.
Other Exceptions
12.
On an exceptions basis, FAMCO MLP may for other reasons choose to depart from its usual procedure of routinely voting proxies as recommended by management.
G.
Voting by Client Instead of FAMCO MLP
13.
A FAMCO MLP client may vote its own proxies instead of directing FAMCO MLP to do so. FAMCO MLP recommends this approach if a client believes that proxies should be voted based on political or social interests.
14.
FAMCO MLP generally will not accept proxy voting authority from a client (and will encourage the client to vote its own proxies) if the client seeks to impose client-specific voting guidelines that may be inconsistent with FAMCO MLPs guidelines or with the clients best economic interest in FAMCO MLPs view.
15.
FAMCO MLP generally will abstain from voting on (or otherwise participating in) the commencement of legal proceedings such as shareholder class actions or bankruptcy proceedings.
H.
Persons Responsible for Implementing FAMCO MLPs Policy
16.
FAMCO MLPs proxy voting staff has primary responsibility for implementing FAMCO MLPs proxy voting procedures, including ensuring that proxies are timely submitted. FAMCO MLP also may use a service provider to assist in voting proxies, recordkeeping, and other matters.
17.
FAMCO MLPs proxy voting staff will routinely confer with FAMCO MLPs Chief Investment Officer if there is a proxy proposal which would result in a vote against management.
I.
Recordkeeping
18.
FAMCO MLP or a service provider maintains, in accordance with Rule 204-2 of the Investment Advisers Act:
(i) Copies of all proxy voting policies and procedures;
(ii) Copies of proxy statements received (unless maintained elsewhere as described below);
(iii) Records of proxy votes cast on behalf of clients;
(iv) Documents prepared by FAMCO MLP that are material to a decision on how to vote or memorializing the basis for a decision;
(v) Written client requests for proxy voting information, and (vi) written responses by FAMCO MLP to written or oral client requests.
19.
FAMCO MLP will obtain an undertaking from any service provider that the service provider will provide copies of proxy voting records and other documents promptly upon request if FAMCO MLP relies on the service provider to maintain related records.
20.
FAMCO MLP or its service provider may rely on the SECs EDGAR system to keep records of certain proxy statements if the proxy statements are maintained by issuers on that system (as is generally true in the case of larger U.S.-based issuers).
21.
All proxy related records will be maintained in an easily accessible place for five years (and an appropriate office of FAMCO MLP or a service provider for the first two years).
J.
Availability of Policy and Proxy Voting Records to Clients
22.
FAMCO MLP will initially inform clients of this policy and how a client may learn of FAMCO MLPs voting record for the clients securities through summary disclosure in Part II of FAMCO MLPs Form ADV. Upon receipt of a clients request for more information, FAMCO MLP will provide to the client a copy of this proxy voting policy and/or how FAMCO MLP voted proxies for the client during the period since this policy was adopted.
ITEM 8. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
The Adviser has engaged FAMCO MLP (also referred to as Sub-Adviser) as Sub-Adviser to provide discretionary investment advisory services. The following section provides information on the portfolio managers of the Sub-Adviser.
A. PORTFOLIO MANAGER BIOGRAPHIES
The following individuals at the Sub-Adviser (the Portfolio Managers) have primary responsibility for the day-to-day implementation of the Funds investment strategy:
James J. Cunnane Jr., CFA Managing Director, Chief Investment Officer-MLPs
Mr. Cunnane is the Managing Director and Chief Investment Officer of FAMCO MLP. He oversees the firms MLP and energy infrastructure product lines and chairs the Risk Management Committee. He joined the FAMCO MLP team in 1996 and currently serves as a portfolio manager for two publicly traded closed-end mutual funds: the Fiduciary/Claymore MLP Opportunity Fund and the Nuveen Energy MLP Total Return Fund. He also serves as a portfolio manager for the FAMCO MLP & Energy Income Fund, an open-end mutual fund, as well as a privately offered open-end mutual fund. Mr. Cunnane holds a B.S. in finance from Indiana University and is a Chartered Financial Analyst (CFA) charterholder. He serves on the finance council and investment committee of the Archdiocese of St. Louis and on the Board of Directors of St. Patricks Center.
Quinn T. Kiley Managing Director, Senior Portfolio Manager
Mr. Kiley is the Managing Director and Senior Portfolio Manager of FAMCO MLP and his responsibilities include portfolio management of various energy infrastructure assets and oversight of the energy infrastructure research process. He joined the FAMCO MLP team in 2005. Prior to joining the FAMCO MLP team, Mr. Kiley served as Vice President of Corporate & Investment Banking at Banc of America Securities in New York. He was responsible for executing strategic advisory and financing transactions for clients in the Energy & Power sectors. Mr. Kiley serves as a portfolio manager for two publicly traded closed-end mutual funds: the Fiduciary/Claymore MLP Opportunity Fund and the Nuveen Energy MLP Total Return Fund. He also serves as a portfolio manager for the FAMCO MLP & Energy Income Fund, an open-end mutual fund, as well as a privately offered open-end mutual fund. Mr. Kiley holds a B.S. with Honors in Geology from Washington & Lee University, a M.S. in Geology from the University of Montana, a Juris Doctorate from Indiana University School of Law, and a M.B.A. from the Kelley School of Business at Indiana University. Mr. Kiley has been admitted to the New York State Bar.
B. OTHER ACCOUNTS
Other Accounts Managed by Portfolio Manager(s) or Management team member as of November 30, 2012
|
|
(ii) Number of Other Accounts Managed
and Assets by Account Type
|
|
(iii) Number of Other Accounts and
Assets for Which Advisory Fee is
Performance-Based
|
|
(i) Name of Portfolio Manager
|
|
Other
Registered
Investment
Companies
|
|
Other Pooled
Investment
Vehicles
|
|
Other
Accounts
|
|
Other
Registered
Investment
Companies
|
|
Other Pooled
Investment
Vehicles
|
|
Other
Accounts
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
James Cunnane
|
|
3
|
|
4
|
|
413
|
|
0
|
|
1
|
|
0
|
|
|
|
$
|
1,177,892,698
|
|
$
|
27,359,908
|
|
$
|
1,015,325,920
|
|
$
|
0
|
|
$
|
16,967,727
|
|
$
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Quinn T. Kiley
|
|
3
|
|
4
|
|
413
|
|
0
|
|
1
|
|
0
|
|
|
|
$
|
1,177,892,698
|
|
$
|
27,359,908
|
|
$
|
1,015,325,920
|
|
$
|
0
|
|
$
|
16,967,727
|
|
$
|
0
|
|
C. POTENTIAL MATERIAL CONFLICTS OF INTEREST
Actual or apparent conflicts of interest may arise when a portfolio manager has day-to-day management responsibilities with respect to more than one fund or other account. More specifically, portfolio managers who manage multiple funds and/or other accounts may be presented with one or more of the following potential conflicts:
The management of multiple funds and/or other accounts may result in a portfolio manager devoting unequal time and attention to the management of each fund and/or other account. The Sub-Adviser seeks to manage such competing interests for the time and attention of a portfolio manager by having the portfolio manager focus on a particular investment discipline. Most other accounts managed by a portfolio manager are managed using the same investment models that are used in connection with the management of the Fund.
If a portfolio manager identifies a limited investment opportunity which may be suitable for more than one fund or other account, a fund may not be able to take full advantage of that opportunity due to an allocation of filled purchase or sale orders across all eligible funds and other accounts. To deal with these situations, the Sub-Adviser has adopted procedures for allocating portfolio transactions across multiple accounts. With respect to securities transactions for the Fund, the Sub-Adviser determines which broker to use to execute each order, consistent with its duty to seek best execution of the transaction. However, with respect to certain other accounts (such as pooled investment vehicles that are not registered mutual funds, and other accounts managed for organizations and individuals), the Sub-Adviser may be limited by the client with respect to the selection of brokers or may be instructed to direct trades through a particular broker. In these cases, trades for a fund in a particular security may be placed separately from, rather than aggregated with, such other accounts. Having separate transactions with respect to a security may temporarily affect the market price of the security or the execution of the transaction, or both, to the possible detriment of a fund or other account(s) involved.
The Sub-Adviser has adopted certain compliance procedures which are designed to address these types of conflicts. However, there is no guarantee that such procedures will detect each and every situation in which a conflict arises.
D. FUND MANAGER COMPENSATION
The primary portfolio managers compensation is as follows for
James J. Cunnane, Jr.
and
Quinn T. Kiley
:
Base Salary. The primary portfolio managers are paid a base salary which is set at a level determined to be appropriate based upon the portfolio managers experience and responsibilities through the use of independent compensation surveys of the investment management industry.
Annual Bonus. The portfolio managers annual bonus is determined by a combination of profitability of the FAMCO MLP products and individual performance. It is not based on the performance of the registrant or other managed accounts. The monies paid are directly derived from a pool created from FAMCO MLPs earnings. The bonus is payable in a combination of cash and restricted Piper Jaffray companies stock.
The portfolio managers also participate in benefit plans and programs generally available to all employees.
E. OWNERSHIP OF JMF AS OF NOVEMBER 30, 2012:
The following table discloses the dollar range of equity securities of the Fund beneficially owned by the Portfolio Manager as of November 30, 2012:
Name of Portfolio Manager
|
|
Dollar Range of Equity
Securities in Fund
|
James J. Cunnane, Jr.
|
|
None
|
Quinn T. Kiley
|
|
$10,001-$50,000
|
ITEM 9. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.
Not applicable.
ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
There have been no material changes to the procedures by which shareholders may recommend nominees to the registrants Board implemented after the registrant last provided disclosure in response to this Item.
ITEM 11. CONTROLS AND PROCEDURES.
(a)
The registrants principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrants disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the 1940 Act) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (the Exchange Act) (17 CFR 240.13a-15(b) or 240.15d-15(b)).
(b)
There were no changes in the registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting.
ITEM 12. EXHIBITS.
File the exhibits listed below as part of this Form.
(a)(1) Any code of ethics, or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy the Item 2 requirements through filing of an exhibit: Not applicable because the code is posted on registrants website at www.nuveen.com/CEF/Shareholder/FundGovernance.aspx and there were no amendments during the period covered by this report. (To view the code, click on Code of Conduct.)
(a)(2) A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)) in the exact form set forth below: See EX-99.CERT attached hereto.
(a)(3) Any written solicitation to purchase securities under Rule 23c-1 under the 1940 Act (17 CFR 270.23c-1) sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons: Not applicable.
(b) If the report is filed under Section 13(a) or 15(d) of the Exchange Act, provide the certifications required by Rule 30a-2(b) under the 1940 Act (17 CFR 270.30a-2(b)), Rule 13a-14(b) or Rule 15d-14(b) under the Exchange Act (17 CFR 240.13a-14(b) or 240.15d-14(b)), and Section 1350 of Chapter 63 of Title 18 of the United States Code (18 U.S.C. 1350) as an Exhibit. A certification furnished pursuant to this paragraph will not be deemed filed for purposes of Section 18 of the Exchange Act (15 U.S.C. 78r), or otherwise subject to the liability of that section. Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act, except to the extent that the registration specifically incorporates it by reference: See EX-99.906 CERT attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Nuveen Energy MLP Total Return Fund
By
|
(Signature and Title)
|
/s/ Kevin J. McCarthy
|
|
|
|
Kevin J. McCarthy
|
|
|
|
Vice President and Secretary
|
|
Date: February 7, 2013
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By
|
(Signature and Title)
|
/s/ Gifford R. Zimmerman
|
|
|
|
Gifford R. Zimmerman
|
|
|
|
Chief Administrative Officer
|
|
|
|
(principal executive officer)
|
|
Date: February 7, 2013
By
|
(Signature and Title)
|
/s/ Stephen D. Foy
|
|
|
|
Stephen D. Foy
|
|
|
|
Vice President and Controller
|
|
|
|
(principal financial officer)
|
|
Date: February 7, 2013
Nuveen Energy MLP Total ... (NYSE:JMF)
Historical Stock Chart
From May 2024 to Jun 2024
Nuveen Energy MLP Total ... (NYSE:JMF)
Historical Stock Chart
From Jun 2023 to Jun 2024