Nuveen Closed-End Fund Declares Distributions
September 08 2014 - 4:47PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced that Diversified Real Asset Income Fund (DRA) has
declared distributions. These distributions follow the recently
announced fund additions, which were successfully completed before
the market open today, September 8, 2014.
The following distribution is being declared today to ensure all
fund shareholders participating in the DRA merger receive a total
distribution amount in terms of dollars equal to or greater than
the amount they received from their original fund in the month
prior to the mergers.
Record Date September 18, 2014 Ex-Dividend
Date September 16, 2014 Payable Date October
1, 2014 Reinvest Date October 1, 2014
Ticker
Fund
Name
Distribution Per
Share
DRA Diversified Real Asset Income Fund $.0962
The following dates apply to the first regular monthly
distribution for DRA which is being declared today for payment on
November 3, 2014. The distribution amount equates to an annualized
rate of 6.51 percent on DRA’s initial $20 net asset value. This
amount represents an increased rate for all fund shareholders when
compared to their pre-merger amounts, and is reflective of the
higher earnings expectations from the transition to the new
investment mandate approved by acquired fund shareholders at the
August 15, 2014 annual meeting. The rate will be monitored and
revisited in the coming months as the transition progresses.
Record Date October 15, 2014
Ex-Dividend Date October 10, 2014 Payable Date
November 3, 2014 Reinvest Date November 3,
2014
Ticker
Fund
Name
Distribution Per
Share
DRA Diversified Real Asset Income Fund $.1085
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 InvestmentsMedia Contact:Kristyna Munoz(312)
917-8343KRISTYNA.MUNOZ@NUVEEN.COM
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