Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors, today announced the first distribution declaration for the Nuveen Diversified Commodity Fund (NYSE AMEX:CFD) of $.1450 per share. The fund began trading on the NYSE Amex on September 28, 2010. This distribution, based on the $25.00 per share IPO price, reflects an annualized distribution rate of 6.96% percent.

 

The following dates apply to today’s distribution declaration:

  Record Date October 31, 2010 Ex-Dividend Date October 27, 2010 Payable Date November 1, 2010      

Per Share

Ticker

Fund Name

Amount

CFD

Nuveen Diversified Commodity Fund

$.1450  

Nuveen Commodities Asset Management, LLC ("NCAM"), a wholly-owned subsidiary of Nuveen Investments, is the manager of the fund. The fund invests primarily in a diversified portfolio of commodity futures and options contracts. The fund is an actively-managed, exchange-traded commodity pool. The fund is not a mutual fund, a closed-end fund, or any other type of “investment company” within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

The fund intends to make regular monthly distributions to its shareholders based on its past and projected performance. Among other factors, the fund will seek to establish a distribution rate that roughly corresponds to NCAM’s projections of the total return that could reasonably be expected to be generated by the fund over an extended period of time. As market conditions and portfolio performance may change, the rate of distributions on the shares and the fund’s distribution policy could change.

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 NWQ, Nuveen, Santa Barbara, Symphony, Tradewinds, Winslow Capital and Nuveen HydePark. In total, the Company managed more than $160 billion as of September 30, 2010. For more information, please visit the Nuveen Investments website at www.nuveen.com.

Nuveen Diversified Commodity Fund Common Units of Beneficial Interest (AMEX:CFD)
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