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 July 15, 2014
Ex-Dividend Date July 11, 2014 Payable Date
August 1, 2014 Reinvest Date August 1, 2014
Monthly Tax-Free Distribution Per Share
Change From Amount Previous
Month
Ticker
Fund
Name
NXP Select Portfolio $.0525 - NXQ Select Portfolio 2 $.0525 - NXR
Select Portfolio 3 $.0525 - NUV Municipal Value $.0360 - NUW
Municipal Value 2 $.0670 - NMI Municipal Income $.0450 - NIM Select
Maturities $.0285 -
Leveraged
Funds
National
NPI Premium Income $.0720 - 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
.0020 NZF Dividend Advantage 3 $.0625 .0030 NVG Dividend Advantage
Municipal $.0610 .0030 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
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 $.0690 - NNP Performance Plus $.0710
- NAN Dividend Advantage $.0630 - NXK Dividend Advantage 2 $.0550 -
NXN NY Select Portfolio $.0495 - NNY NY Municipal Value $.0325 -
NYV NY Municipal Value 2 $.0545 -
Other State
Funds
NAZ AZ Premium Income $.0665 .0010 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 $.0740 - NOM
MO Premium Income $.0610 - NNC NC Premium Income $.0530 - NQJ NJ
Investment Quality $.0670 - NNJ NJ Premium Income $.0710 - NXJ NJ
Dividend Advantage $.0625 .0020 NUJ NJ Dividend Advantage 2 $.0595
.0020 NJV NJ Municipal Value $.0520 - NUO OH Quality Income $.0800
- NQP PA Investment Quality $.0730 - NPN PA Municipal Value $.0530
- NTX
TX Quality Income
$.0580 - NPV VA Premium Income $.0640 .0025
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 -
In two mergers consummated on June 9, 2014, NAC and NKX acquired
substantially all of the assets and liabilities of five and one
other Nuveen sponsored California state municipal closed-end funds,
respectively. NAC’s and NKX’s distributions listed below are
intended to maintain or increase the overall distribution amount
received by shareholders of all eight merged funds, relative to the
last regular monthly distribution amount received prior to the
mergers’ completions. Because these distributions are being
declared ahead of the standard cycle for Nuveen funds, the next
declaration can be expected September 2, 2014.
The following dates apply to today’s distribution
declarations for NAC and NKX common shareholders:
Record Date August 15, 2014
Ex-Dividend Date August 13, 2014 Payable Date
September 2, 2014 Reinvest Date September 2,
2014 Monthly Tax-Free Distribution Per
Share Change From Amount
Previous Month
Ticker
Fund
Name
NAC Dividend Advantage 0.0800 .0060 NKX CA AMT-Free Municipal
Income 0.0700 -
The following dates apply to today's distribution
declarations for the following MLP Closed-End Funds:
Record Date July 15, 2014
Ex-Dividend Date July 11, 2014 Payable Date
August 15, 2014 Reinvest Date August 15, 2014
Quarterly Taxable Distribution Per
Share Change From Amount
Previous Quarter
Ticker
Fund
Name
JMF Energy MLP Total Return Fund $.3220 .0060 JMLP All Cap Energy
MLP Opportunities Fund $.3320 .0050
The following dates apply to today's distribution
declarations for the following MTP Shares:
Record Date July 15, 2014
Ex-Dividend Date July 11, 2014 Payable Date
August 1, 2014
Ticker
MuniFund Term
Preferred
Monthly Tax-Free Distribution
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 approximately $225 billion as of March 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.
1788-INV-O12/14
Nuveen InvestmentsMedia Contact:Kristyna Munoz, (312)
917-8343kristyna.munoz@nuveen.com
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