Nuveen Closed-End Funds Declare Monthly Distributions
September 02 2014 - 4:19PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced that 76 Nuveen closed-end funds declared regular monthly
distributions. These funds represent a broad range of tax-exempt,
taxable fixed and floating rate income investment strategies for
investors seeking to build sophisticated and diversified long-term
investment portfolios for cash flow. The funds’ monthly
distributions are listed below.
The following dates apply to today's distribution
declarations for the following Closed-End Funds:
Record Date September 15, 2014
Ex-Dividend Date September 11, 2014 Payable
Date October 1, 2014 Reinvest Date October 1,
2014 Monthly Tax-Free Distribution Per
Share Change From Amount
Previous Month
Ticker
Fund
Name
NXP Select Portfolio $.0525 - NXQ Select Portfolio 2 $.0485 -0.0040
NXR Select Portfolio 3 $.0505 -0.0020 NUV Municipal Value $.0345
-0.0015 NUW Municipal Value 2 $.0670 - NMI Municipal Income $.0425
-0.0025 NIM Select Maturities $.0285 -
Leveraged
Funds
National
NPI Premium Income $.0685 -0.0035 NPP Performance Plus $.0770 - NMA
Advantage $.0670 - NMO Market Opportunity $.0670 - NQM Investment
Quality $.0800 - NQI Quality Municipal $.0550 - NQS Select Quality
$.0665 - NQU Quality Income $.0685 - NIO Municipal Opportunity
$.0730 - NPF Premier $.0720 - NPM Premium Income 2 $.0720 - NPT
Premium Income 4 $.0680 - NAD Dividend Advantage $.0740 - NEA
AMT-Free Municipal Income $.0685 - NXZ Dividend Advantage 2 $.0715
- NZF Dividend Advantage 3 $.0625 - NVG Dividend Advantage
Municipal $.0610 - NMZ High Income Opportunity Fund $.0760 - NEV
Enhanced Municipal Value Fund $.0800 - NID Int. Duration Municipal
Term Fund $.0570 - NIQ Int. Duration Quality Municipal Term Fund
$.0495 -
California
NAC Dividend Advantage $.0800 - NKX CA AMT-Free Municipal Income
$.0700 - NCA CA Municipal Value $.0390 - NVX Dividend Advantage 2
$.0700 - NZH Dividend Advantage 3 $.0670 - NXC CA Select Portfolio
$.0570 - NCB CA Municipal Value 2 $.0650 -
New
York
NRK AMT-Free Municipal Income $.0650 -0.0040 NNP Performance Plus
$.0710 - NAN Dividend Advantage $.0630 - NXK Dividend Advantage 2
$.0550 - NXN NY Select Portfolio $.0460 -0.0035 NNY NY Municipal
Value $.0325 - NYV NY Municipal Value 2 $.0525 -0.0020
Other State
Funds
NAZ AZ Premium Income $.0665 - NTC CT Premium Income $.0570 - NKG
GA Dividend Advantage 2 $.0535 - NMT MA Premium Income $.0555 - NMY
MD Premium Income $.0555 - NUM MI Quality Income $.0705 -0.0035 NOM
MO Premium Income $.0610 - NNC NC Premium Income $.0530 - NQJ NJ
Investment Quality $.0640 -0.0030 NNJ NJ Premium Income $.0680
-0.0030 NXJ NJ Dividend Advantage $.0625 - NUJ NJ Dividend
Advantage 2 $.0595 - NJV NJ Municipal Value $.0500 -0.0020 NUO OH
Quality Income $.0740 -0.0060 NQP PA Investment Quality $.0690
-0.0040 NPN PA Municipal Value $.0530 - NTX TX Quality Income
$.0545 -0.0035 NPV VA Premium Income $.0640 -
Monthly Taxable Distribution Per
Share
Closed-End
Funds:
Change From
Ticker
Taxable
Funds
Amount Previous Quarter Preferred
Securities JTP Quality Preferred Income Fund $.0520 -
JPS Quality Preferred Income Fund 2 $.0550 - JHP Quality Preferred
Income Fund 3 $.0520 - JPC Preferred Income Opportunities Fund
$.0633 - JPI Preferred and Income Term Fund $.1580 - JPW Nuveen
Flexible Investment Income Fund $.1260 -
Floating Rate:
Corporate Loans
NSL Senior Income Fund $.0350 - JFR Floating Rate Income Fund
$.0600 - JRO Floating Rate Income Opportunity Fund $.0630 - JSD
Short Duration Credit Opportunities Fund $.0970 - JQC Credit
Strategies Income Fund $.0435 -
Mortgage-Backed
Securities
JLS Mortgage Opportunity Term Fund $.1265 - JMT Mortgage
Opportunity Term Fund 2 $.1275 -
Taxable
Municipal
NBB Build America Bond Fund $.1160 - NBD Build America Bond
Opportunity Fund $.1140 -
Real
Assets
JRI Real Asset Income and Growth $.1345 -
The following dates apply to today's distribution
declarations for the following MTP Shares:
Record Date September 15, 2014
Ex-Dividend Date September 11, 2014 Payable
Date October 1, 2014
Ticker
MuniFund Term
Preferred
Monthly Tax-FreeDistribution Per
Share
NOM PrC Nuveen Missouri Premium Income Municipal Fund MTP .017500
NTX PrC Nuveen Texas Quality Income Municipal Fund MTP .019167 NUJ
PrC Nuveen New Jersey Dividend Advantage Municipal Fund 2 MTP
.016667 NKX PrC Nuveen California AMT-Free Municipal Income Fund
MTP .016667
Monthly distributions from Nuveen's municipal closed-end funds
and portfolios are generally exempt from regular Federal income
taxes, and monthly distributions of single-state municipal funds
and portfolios are also generally exempt from state and, in some
cases, local income taxes for in-state residents. Unless otherwise
stated in the funds' objectives, monthly distributions of the
municipal funds and portfolios may be subject to the Federal
Alternative Minimum Tax for some shareholders.*
All of Nuveen’s closed-end funds seek to pay stable
distributions at rates that reflect each fund’s past results and
projected future performance. During certain periods, each fund may
pay distributions at a rate that may be more or less than the
amount of net investment income actually earned by the fund during
the period. If a fund cumulatively earned more than it has paid in
distributions, it holds the excess in reserve as undistributed net
investment income (UNII) as part of the fund’s net asset value
(NAV). Conversely, if a fund has cumulatively paid distributions in
excess of its earnings, the excess constitutes negative UNII that
is likewise reflected in the fund’s NAV. Each fund will, over time,
pay all of its net investment income as distributions to
shareholders. The funds’ positive or negative UNII balances are
disclosed from time to time in their periodic shareholder reports,
and are also on www.nuveen.com/cef
In addition, distributions for certain funds investing in real
estate investment trusts (REITs) may later be characterized as
capital gains and/or a return of capital, depending on the
character of the dividends reported to each fund after year-end by
REIT securities held by each fund. The Nuveen preferred securities
funds, JTP, JPS and JHP may invest in REITs; a list of funds that
are likely to be affected by re-characterization is posted to
www.nuveen.com each January, and updated tax characteristics are
posted to the web site and mailed to shareholders via form 1099-DIV
during the first quarter of the year.
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, LLC, Symphony Asset Management
LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset
Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital
Management, LLC and Gresham Investment Management LLC, all of which
are registered investment advisers and subsidiaries of Nuveen
Investments, Inc. Funds distributed by Nuveen Securities, LLC, a
subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments
managed $231 billion as of June 30, 2014. For more information,
please visit the Nuveen Investments website at www.nuveen.com.
*Nuveen does not provide tax advice; consult a professional tax
advisor regarding your specific tax situation.
2991-INV-O09/15
Nuveen InvestmentsMedia Contact:Kristyna Munoz(312)
917-8343kristyna.munoz@nuveen.com
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