Nuveen Diversified Commodity Fund Declares Monthly Distribution
February 01 2012 - 4:42PM
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 February 29, 2012
Ex-Dividend Date February 27,
2012 Payable Date March 1, 2012 Reinvest
Date March 1, 2012 Change From
Ticker
Taxable
Funds
Amount Previous Month CFD 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. Investors 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 in March 2012.
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
$207 billion as of October 31, 2011. For more information, please
visit the Nuveen Investments website at www.nuveen.com.
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