Nuveen Diversified Commodity Fund Declares Monthly Distribution
November 01 2011 - 4:28PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions, high-net-worth and affluent investors,
today announced that the Nuveen Diversified Commodity Fund (NYSE
AMEX:CFD) had declared its regular monthly distribution in the
amount of $ .1450 per share.
The following dates apply to today’s distribution
declaration:
Record Date
November 30, 2011 Ex-Dividend Date November
28, 2011 Payable Date December 1, 2011
Reinvest Date December 1, 2011
Monthly Distribution Per Share 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 Schedule K-1 is expected to be available to
shareholders around the first week of March in the following
year.
Nuveen Investments provides high quality investment services
designed to help secure the long-term goals of institutions, high
net worth and affluent 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 - NWQ, Nuveen Asset Management, Santa
Barbara, Symphony, Tradewinds and Winslow Capital. In total, Nuveen
Investments had more than $210 billion of assets under management
as of June 30, 2011. For more information, please visit the Nuveen
Investments website at www.nuveen.com.
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