Nuveen Investments, a leading global provider of investment services to
institutions as well as individual investors, today announced that 75
Nuveen closed-end funds declared regular monthly distributions and two
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 distributions are listed below.
The following dates apply to today's distribution declarations for
the following Closed-End Funds:
Record Date
|
|
April 15, 2015
|
Ex-Dividend Date
|
|
April 13, 2015
|
Payable Date
|
|
May 1, 2015
|
Reinvest Date
|
|
May 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
|
|
-
|
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
|
|
-
|
|
|
|
|
Leveraged Funds
|
|
|
|
|
|
|
|
|
National
|
|
|
|
|
NPI
|
|
NYSE
|
|
Premium Income
|
|
$.0685
|
|
-
|
NPP
|
|
NYSE
|
|
Performance Plus
|
|
$.0770
|
|
-
|
NMA
|
|
NYSE
|
|
Advantage
|
|
$.0660
|
|
-
|
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
|
|
-
|
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 MKT
|
|
Dividend Advantage 2
|
|
$.0680
|
|
-
|
NZF
|
|
NYSE MKT
|
|
Dividend Advantage 3
|
|
$.0640
|
|
-
|
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
|
|
-
|
NAN
|
|
NYSE
|
|
Dividend Advantage
|
|
$.0650
|
|
-
|
NXK
|
|
NYSE MKT
|
|
Dividend Advantage 2
|
|
$.0580
|
|
-
|
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
|
|
-
|
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
|
|
-
|
NXJ
|
|
NYSE
|
|
NJ Dividend Advantage
|
|
$.0680
|
|
-
|
NJV
|
|
NYSE MKT
|
|
NJ Municipal Value
|
|
$.0500
|
|
-
|
NUO
|
|
NYSE
|
|
OH Quality Income
|
|
$.0700
|
|
-
|
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
|
|
-
|
JPI
|
|
NYSE
|
|
Preferred and Income Term Fund
|
|
$.1595
|
|
-
|
|
|
|
|
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
|
|
-
|
|
|
|
|
Global Equity
|
|
|
|
|
JGH
|
|
NYSE
|
|
Global High Income Fund
|
|
$.1320
|
|
-
|
|
|
|
|
|
|
|
|
|
The following dates apply to the distribution for the Nuveen MLP
Funds.
Record Date
|
|
April 15, 2015
|
Ex-Dividend Date
|
|
April 13, 2015
|
Payable Date
|
|
May 15, 2015
|
Reinvest Date
|
|
May 15, 2015
|
|
|
|
|
|
|
|
|
|
Quarterly Distribution Per Share
|
|
|
|
|
|
|
|
|
Change From
|
Ticker
|
|
Exchange
|
|
Taxable Funds
|
|
Amount
|
|
Previous Quarter
|
JMF
|
|
NYSE
|
|
Energy MLP Total Return Fund
|
|
$.3350
|
|
.0020
|
JMLP
|
|
NYSE
|
|
All Cap Energy MLP Opportunities Fund
|
|
$.3420
|
|
-
|
|
|
|
|
|
|
|
|
|
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 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.
6896-INV-O-03/16
Copyright Business Wire 2015