Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 77 Nuveen closed-end funds declared regular monthly distributions and six closed-end funds declared regular quarterly 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 and quarterly distributions are listed below.

The following dates apply to today's distribution declarations for the following Closed-End Funds:

Record Date     March 13, 2015 Ex-Dividend Date March 11, 2015 Payable Date April 1, 2015 Reinvest Date April 1, 2015       Monthly TAX--FREE Distribution Per Share   Change From TAX-FREE FUNDS Amount   Previous Month

Ticker

Exchange

Fund Name

NXP NYSE Select Portfolio $.0475 (.0010) NXQ NYSE Select Portfolio 2 $.0460 - NXR NYSE Select Portfolio 3 $.0490 - NUV NYSE Municipal Value $.0345 - NUW NYSE Municipal Value 2 $.0650 - NMI NYSE Municipal Income $.0425 - NIM NYSE Select Maturities $.0275 (.0010)

Leveraged Funds

National

NPI NYSE Premium Income $.0685 - NPP NYSE Performance Plus $.0770 - NMA NYSE Advantage $.0660 (.0010) NMO NYSE Market Opportunity $.0670 - NQI NYSE Quality Municipal $.0550 - NQS NYSE Select Quality $.0665 - NQU NYSE Quality Income $.0685 - NIO NYSE Municipal Opportunity $.0730 - NPF NYSE Premier $.0685 (.0035) NPM NYSE Premium Income 2 $.0720 - NPT NYSE Premium Income 4 $.0680 - NAD NYSE Dividend Advantage $.0740 - NEA NYSE AMT-Free Municipal Income $.0685 - NXZ NYSE Dividend Advantage 2 $.0680 (.0035) NZF NYSE MKT Dividend Advantage 3 $.0640 .0015 NVG NYSE MKT Dividend Advantage Municipal $.0610 - NMZ NYSE MKT High Income Opportunity Fund $.0760 - NEV NYSE Enhanced Municipal Value Fund $.0800 - NID NYSE Int. Duration Municipal Term Fund $.0570 - NIQ NYSE Int. Duration Quality Municipal Term Fund $.0495 - NQM NYSE Investment Quality $.0820 -

California

NAC NYSE Dividend Advantage $.0800 - NKX NYSE CA AMT-Free Municipal Income $.0720 - NCA NYSE CA Municipal Value $.0390 - NVX NYSE MKT Dividend Advantage 2 $.0700 - NZH NYSE MKT Dividend Advantage 3 $.0670 - NXC NYSE CA Select Portfolio $.0570 - NCB NYSE MKT CA Municipal Value 2 $.0650 -

New York

NRK NYSE AMT-Free Municipal Income $.0610 - NNP NYSE Performance Plus $.0685 (.0025) NAN NYSE Dividend Advantage $.0650 .0020 NXK NYSE MKT Dividend Advantage 2 $.0580 .0030 NXN NYSE NY Select Portfolio $.0460 - NNY NYSE NY Municipal Value $.0325 - NYV NYSE MKT NY Municipal Value 2 $.0525 -

Other State Funds

NAZ NYSE AZ Premium Income $.0665 - NTC NYSE CT Premium Income $.0570 - NKG NYSE GA Dividend Advantage 2 $.0535 - NMT NYSE MA Premium Income $.0590 .0015 NMY NYSE MD Premium Income $.0555 - NUM NYSE MI Quality Income $.0675 - NMS NYSE MN Municipal Income Fund $.0690 - NOM NYSE MKT MO Premium Income $.0610 - NNC NYSE NC Premium Income $.0490 (.0015) NXJ NYSE NJ Dividend Advantage $.0680 - NJV NYSE MKT NJ Municipal Value $.0500 - NUO NYSE OH Quality Income $.0700 (.0040) NQP NYSE PA Investment Quality $.0690 - NPN NYSE MKT PA Municipal Value $.0520 - NTX NYSE TX Quality Income $.0545 - NPV NYSE VA Premium Income $.0610 -     Monthly Taxable Distribution Per Share

Closed-End Funds:

Change From

Ticker

Taxable Funds

Amount   Previous Month

Preferred Securities

JTP NYSE Quality Preferred Income Fund $.0550 - JPS NYSE Quality Preferred Income Fund 2 $.0580 - JHP NYSE Quality Preferred Income Fund 3 $.0560 - JPC NYSE Preferred Income Opportunities Fund $.0655 .0022 JPI NYSE Preferred and Income Term Fund $.1595 - JPW NYSE Nuveen Flexible Investment Income Fund $.1260 -

Floating Rate: Corporate Loans

NSL NYSE Senior Income Fund $.0350 - JFR NYSE Floating Rate Income Fund $.0600 - JRO NYSE Floating Rate Income Opportunity Fund $.0630 - JSD NYSE Short Duration Credit Opportunities Fund $.0970 - JQC NYSE Credit Strategies Income Fund $.0485 -

Mortgage-Backed Securities

JLS NYSE Mortgage Opportunity Term Fund $.1265 - JMT NYSE Mortgage Opportunity Term Fund 2 $.1275 - JMM NYSE Multi-Market Income Fund $.0400 -

Taxable Municipal

NBB NYSE Build America Bond Fund $.1160 - NBD NYSE Build America Bond Opportunity Fund $.1140 -

Real Assets

JRI NYSE Real Asset Income and Growth $.1345 - DRA NYSE Diversified Real Asset Income Fund $.1175 -

Global Equity

JGH NYSE Global High Income Fund

**

 

 

The following dates apply to today's distribution declarations for the following MTP Shares:

Record Date   March 13, 2015 Ex-Dividend Date March 11, 2015 Payable Date April 1, 2015

Ticker

MuniFund Term Preferred

 

Monthly Tax-FreeDistribution Per Share

NTX PrC Nuveen Texas Quality Income Municipal Fund MTP .019167  

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.*

Each of the six funds below has adopted a managed distribution program. The goal of a fund’s managed distribution program is to provide shareholders relatively consistent and predictable cash flow by systematically converting its expected long-term return potential into regular distributions. As a result, regular distributions throughout the year will likely include a portion of expected long-term gains (both realized and unrealized), along with net investment income and/or a return of capital. Important points to understand about Nuveen fund managed distributions are:

  • Each Nuveen fund seeks to establish a relatively stable distribution rate that roughly corresponds to the projected total return from its investment strategy over an extended period of time. However, investors should not draw any conclusions about a fund’s past or future investment performance from its current distribution rate.
  • Actual returns will differ from projected long-term returns (and therefore a fund’s distribution rate), at least over shorter time periods. Over a specific timeframe, the difference between actual returns and total distributions will be reflected in an increasing (returns exceed distributions) or a decreasing (distributions exceed returns) fund net asset value.
  • Each quarter’s distributions are expected to be paid from some or all of the following sources:
    • net investment income (regular interest and dividends),
    • realized capital gains, and
    • unrealized gains, or, in certain cases, a return of principal (non-taxable distributions)
  • A non-taxable distribution is a payment of a portion of the fund’s capital. When fund returns exceed distributions, it may represent portfolio gains earned, but not realized as a taxable capital gain. In periods when fund returns fall short of distributions, it will represent a portion of your original principal unless the shortfall is offset during other time periods over the life of your investment (previous or subsequent) when the fund’s total return exceeds distributions.
  • Because distribution source estimates are updated quarterly based on a fund’s performance and forecast for its current fiscal year (which is the calendar year for all the funds listed below), these estimates may differ from both the tax information reported to shareholders in their fund’s 1099 statement, as well as the ultimate economic sources of distributions over the life of their investment.
     

Quarterly Taxable DistributionPer Share

  Change From

Ticker

Exchange

Closed-End Funds:

Amount Previous Quarter

Global Equity

JGV NYSE Global Value Opportunities Fund $.2520 (.0130)

Equity

JTA NYSE Tax-Advantaged Total Return Strategy Fund $.2720 - JTD NYSE Tax-Advantaged Dividend Growth Fund $.3230 - JCE NYSE Core Equity Alpha Fund $.3030 -

Real Asset

JRS NYSE MKT Real Estate Income Fund $.2400 .0150

Multi-Strategy

JDD NYSE Diversified Dividend and Income Fund $.2700 .0100  

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 http://www.nuveen.com/Home/Documents/Default.aspx?fileId=64342.

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. Each January, updated tax characteristics for affected funds are posted to the Nuveen 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 independent investment subsidiaries of Nuveen Investments, Inc. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen Investments operates as a separate subsidiary within TIAA-CREF, which is a leading provider of retirement and financial services in the academic, research, medical and cultural fields. In total, Nuveen Investments managed approximately $230 billion as of December 31, 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.

**The distribution information for JGH can be found in a separate press release, also issued today.

6472-INV-O03/16

Nuveen InvestmentsMedia Contact:Kristyna Munoz(312) 917-8343kristyna.munoz@nuveen.com

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