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Nuveen Closed-End Funds Declare Distributions

NAD, NIM, NXC, NAN, NUV, JLS, NRK, JPC, NKX, NOM, JRI, NXN, NUW, JQC, NMI

Nuveen Closed-End Funds Declare Distributions

Distributions Highlight Nuveen’s Broad Range of Strategies for Income-Seeking Investors

  • Regular Monthly Tax-Exempt and Taxable Fund Distributions
  • Five Funds Declare Monthly Cash-Flow Based Distributions

Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions including earnings, undistributed net investment income, and notices please visit http://www.nuveen.com/cef.

The following dates apply to today's monthly distribution declarations for the following tax-exempt and taxable closed-end funds:

Record Date   April 13, 2017
Ex-Dividend Date April 11, 2017
Payable Date May 1, 2017
 

Monthly Tax-Exempt Municipal Distributions

Monthly distributions from Nuveen's municipal bond closed-end funds are generally exempt from regular Federal income taxes, and monthly distributions of single-state municipal funds 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 may be subject to the Federal Alternative Minimum Tax for some shareholders.*

      Monthly Tax-Free Distribution
Per Share
  Change From
Amount   Previous Month

Ticker

Exchange

Fund Name

National

NXP NYSE Nuveen Select Tax-Free Income Portfolio $.0455 -
NXQ NYSE Nuveen Select Tax-Free Income Portfolio 2 $.0420 -
NXR NYSE Nuveen Select Tax-Free Income Portfolio 3 $.0435 -
NUV NYSE Nuveen Municipal Value Fund, Inc. $.0325 -
NUW NYSE Nuveen AMT-Free Municipal Value Fund $.0600 -
NMI NYSE Nuveen Municipal Income Fund, Inc. $.0405 -
NIM NYSE Nuveen Select Maturities Municipal Fund $.0260 -
NZF NYSE Nuveen Municipal Credit Income Fund $.0740 -
NVG NYSE Nuveen AMT-Free Municipal Credit Income Fund $.0725 -
NMZ NYSE Nuveen Municipal High Income Opportunity Fund $.0675 -
NEV NYSE Nuveen Enhanced Municipal Value Fund $.0680 -
NID NYSE Nuveen Intermediate Duration Municipal Term Fund $.0530 -
NIQ NYSE Nuveen Intermediate Duration Quality Municipal Term Fund $.0415 -
NHA NYSE Nuveen Municipal 2021 Target Term Fund $.0200 -
NEA NYSE Nuveen AMT-Free Quality Municipal Income Fund $.0620 -
NAD NYSE Nuveen Quality Municipal Income Fund $.0640 -
 

California

NAC NYSE Nuveen California Quality Municipal Income Fund $.0685 -
NKX NYSE Nuveen California AMT-Free Quality Municipal Income Fund $.0655 -
NCA NYSE Nuveen California Municipal Value Fund, Inc. $.0340 -
NXC NYSE Nuveen California Select Tax-Free Income Portfolio $.0495 -
NCB NYSE Nuveen California Municipal Value Fund 2 $.0630 -
 

New York

NRK NYSE Nuveen New York AMT-Free Quality Municipal Income Fund $.0535 -
NAN NYSE Nuveen New York Quality Municipal Income Fund $.0595 -
NXN NYSE Nuveen New York Select Tax-Free Income Portfolio $.0460 -
NNY NYSE Nuveen New York Municipal Value Fund, Inc. $.0315 -
NYV NYSE Nuveen New York Municipal Value Fund 2 $.0500 -
 

Other State Funds

NAZ NYSE Nuveen Arizona Quality Municipal Income Fund $.0540 -
NTC NYSE Nuveen Connecticut Quality Municipal Income Fund $.0485 -
NKG NYSE Nuveen Georgia Quality Municipal Income Fund $.0470 -
NMT NYSE Nuveen Massachusetts Quality Municipal Income Fund $.0545 -
NMY NYSE Nuveen Maryland Quality Municipal Income Fund $.0525 -
NUM NYSE Nuveen Michigan Quality Municipal Income Fund $.0535 -
NMS NYSE Nuveen Minnesota Quality Municipal Income Fund $.0635 -
NOM NYSE Nuveen Missouri Quality Municipal Income Fund $.0560 -
NNC NYSE Nuveen North Carolina Quality Municipal Income Fund $.0440 -
NXJ NYSE Nuveen New Jersey Quality Municipal Income Fund $.0580 -
NJV NYSE MKT Nuveen New Jersey Municipal Value Fund $.0475 -
NUO NYSE Nuveen Ohio Quality Municipal Income Fund $.0585 -
NQP NYSE Nuveen Pennsylvania Quality Municipal Income Fund $.0585 -
NPN NYSE MKT Nuveen Pennsylvania Municipal Value Fund $.0495 -
NTX NYSE Nuveen Texas Quality Municipal Income Fund $.0530 -
NPV NYSE Nuveen Virginia Quality Municipal Income Fund $.0460 -
 

Monthly Taxable Distributions

      Monthly Taxable
Distribution Per Share
 

Change From

Ticker

Exchange

Fund Name

Amount

Previous Month

 

Preferred Securities

JPC NYSE Preferred Income Opportunities Fund $.0640 -
JPI NYSE Preferred and Income Term Fund $.1505 -
JPS NYSE Preferred Securities Income Fund $.0620 -
 

Floating Rate: Corporate Loans

NSL NYSE Senior Income Fund $.0395 -
JFR NYSE Floating Rate Income Fund $.0675 -
JRO NYSE Floating Rate Income Opportunity Fund $.0705 -
JSD NYSE Short Duration Credit Opportunities Fund $.1060 -
JQC NYSE Credit Strategies Income Fund $.0525 -
 

Mortgage-Backed Securities

-
JMM NYSE Multi-Market Income Fund $.0360 -
 

Taxable Municipal

NBB NYSE Build America Bond Fund $.1030 -
NBD NYSE Build America Bond Opportunity Fund $.0955 -
 

Global Debt

JGH NYSE Global High Income Fund $.1200 -
 

High Yield Debt

-
JHY NYSE High Income 2020 Target Term Fund $.0555 -
JHA NYSE High Income December 2018 Target Term Fund $.0450 -
JHD NYSE High Income December 2019 Target Term Fund $.0505 -
JHB NYSE High Income November 2021 Target Term Fund $.0500 -
 

Monthly Cash-Flow-Based Distributions

Each of the five taxable funds listed immediately below have adopted a cash-flow based distribution program. Historical distribution sources have included net investment income, realized gains and return of capital. If a distribution includes anything other than net investment income, the fund provides a notice of the best estimate of its distribution sources at the time of payment which may be viewed at: www.nuveen.com/CEFdistributions. These estimates may not match the final tax characterization (for the full year’s distributions) contained in shareholders’ 1099-DIV forms after the end of the year.

You should not draw any conclusions about a fund’s past or future investment performance from its current distribution rate.

The following dates apply to today's monthly cash-flow based distribution declarations for the following closed-end funds:

Record Date April 13, 2017
Ex-Dividend Date April 11, 2017
Payable Date May 1, 2017
      Monthly Distribution Per Share
  Change From

Ticker

Exchange

Fund Name

Amount   Previous Month

Preferred Securities

JPW NYSE Flexible Investment Income Fund $.1130 -
 

Mortgage-Backed Securities

JLS NYSE Mortgage Opportunity Term Fund $.1135 -
JMT NYSE Mortgage Opportunity Term Fund 2 $.1125 -
 

Real Assets

JRI NYSE Real Asset Income and Growth $.1100 -
DRA NYSE Diversified Real Asset Income Fund $.1110 -
 

Quarterly Taxable Closed-End Fund Distributions

The two taxable funds listed immediately below have adopted a cash-flow based distribution program. Historical distribution sources have included net investment income, realized gains and return of capital. If a distribution includes anything other than net investment income, the fund provides a notice of the best estimate of its distribution sources at the time of payment which may be viewed at: www.nuveen.com/CEFdistributions . These estimates may not match the final tax characterization (for the full year’s distributions) contained in shareholders’ 1099-DIV forms after the end of the year.

You should not draw any conclusions about a fund’s past or future investment performance from its current distribution rate.

 
Record Date April 13, 2017
Ex-Dividend Date April 11, 2017
Payable Date May 15, 2017
 
      Quarterly Distribution Per Share
  Change From

Ticker

Exchange

Fund Name

Amount   Previous Quarter
JMF NYSE Nuveen Energy MLP Total Return Fund $.3370 -
JMLP NYSE Nuveen All Cap Energy MLP Opportunities Fund $.2460 -
 

Nuveen offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. As the investment management arm of TIAA, Nuveen has $882 billion in assets under management as of 12/31/16 and operations in 16 countries. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com. Nuveen, formerly known as TIAA Global Asset Management, provides investment services through TIAA and its registered investment advisers.

Securities offered through Nuveen Securities, LLC, member FINRA and SIPC.

The information contained on the Nuveen website is not a part of this press release.

* Nuveen does not provide tax advice; consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.

24115-INV-O-04/19

Nuveen
Media Contact:
Kathleen Cardoza
312-917-7813
kathleen.cardoza@nuveen.com



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