Nuveen Diversified Commodity Fund Declares Monthly Distribution
December 01 2010 - 6:11PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions and high-net-worth investors, today
announced that the Nuveen Diversified Commodity Fund (NYSE
AMEX:CFD) had declared its regular monthly distribution in the
amount of $.145 per share.
The following dates apply to today’s distribution
declaration:
Record Date
December 31, 2010
Ex-Dividend Date
December 29, 2010
Payable Date December 31, 2010
Monthly Taxable Distribution
PerShare
Change From
Ticker
Fund
Name
Amount Previous Month 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. You should not draw any conclusions
about a fund’s past or future investment performance from its
current distribution rate. As market conditions and portfolio
performance may change, the rate of distributions on the shares and
the fund’s distribution policy could change.
Because the fund expects to be classified as a partnership for
tax purposes, shareholders will be allocated their pro-rata share
of the fund’s income, gains, losses, deductions and credits for
purposes of computing their tax liability. Fund shareholders will
receive a Schedule K-1 which reports their allocable portion of
such tax items. The fund anticipates that shareholders will have
access to their Schedule K-1 by the end of the first week of March
2011.
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.
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