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 |
|
|
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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.*
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Monthly Tax-Free Distribution |
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Per Share |
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Change From |
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Amount |
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Previous Month |
Ticker
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Exchange
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Fund Name
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National
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NXP |
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NYSE |
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Nuveen Select Tax-Free Income Portfolio |
|
$.0455 |
|
- |
NXQ |
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NYSE |
|
Nuveen Select Tax-Free Income Portfolio 2 |
|
$.0420 |
|
- |
NXR |
|
NYSE |
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Nuveen Select Tax-Free Income Portfolio 3 |
|
$.0435 |
|
- |
NUV |
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NYSE |
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Nuveen Municipal Value Fund, Inc. |
|
$.0325 |
|
- |
NUW |
|
NYSE |
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Nuveen AMT-Free Municipal Value Fund |
|
$.0600 |
|
- |
NMI |
|
NYSE |
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Nuveen Municipal Income Fund, Inc. |
|
$.0405 |
|
- |
NIM |
|
NYSE |
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Nuveen Select Maturities Municipal Fund |
|
$.0260 |
|
- |
NZF |
|
NYSE |
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Nuveen Municipal Credit Income Fund |
|
$.0740 |
|
- |
NVG |
|
NYSE |
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Nuveen AMT-Free Municipal Credit Income Fund |
|
$.0725 |
|
- |
NMZ |
|
NYSE |
|
Nuveen Municipal High Income Opportunity Fund |
|
$.0675 |
|
- |
NEV |
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NYSE |
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Nuveen Enhanced Municipal Value Fund |
|
$.0680 |
|
- |
NID |
|
NYSE |
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Nuveen Intermediate Duration Municipal Term Fund |
|
$.0530 |
|
- |
NIQ |
|
NYSE |
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Nuveen Intermediate Duration Quality Municipal Term Fund |
|
$.0415 |
|
- |
NHA |
|
NYSE |
|
Nuveen Municipal 2021 Target Term Fund |
|
$.0200 |
|
- |
NEA |
|
NYSE |
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Nuveen AMT-Free Quality Municipal Income Fund |
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$.0620 |
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- |
NAD |
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NYSE |
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Nuveen Quality Municipal Income Fund |
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$.0640 |
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- |
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California
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NAC |
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NYSE |
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Nuveen California Quality Municipal Income Fund |
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$.0685 |
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- |
NKX |
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NYSE |
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Nuveen California AMT-Free Quality Municipal Income Fund |
|
$.0655 |
|
- |
NCA |
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NYSE |
|
Nuveen California Municipal Value Fund, Inc. |
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$.0340 |
|
- |
NXC |
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NYSE |
|
Nuveen California Select Tax-Free Income Portfolio |
|
$.0495 |
|
- |
NCB |
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NYSE |
|
Nuveen California Municipal Value Fund 2 |
|
$.0630 |
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- |
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New York
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NRK |
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NYSE |
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Nuveen New York AMT-Free Quality Municipal Income Fund |
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$.0535 |
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- |
NAN |
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NYSE |
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Nuveen New York Quality Municipal Income Fund |
|
$.0595 |
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- |
NXN |
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NYSE |
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Nuveen New York Select Tax-Free Income Portfolio |
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$.0460 |
|
- |
NNY |
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NYSE |
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Nuveen New York Municipal Value Fund, Inc. |
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$.0315 |
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- |
NYV |
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NYSE |
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Nuveen New York Municipal Value Fund 2 |
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$.0500 |
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- |
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Other State Funds
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NAZ |
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NYSE |
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Nuveen Arizona Quality Municipal Income Fund |
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$.0540 |
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- |
NTC |
|
NYSE |
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Nuveen Connecticut Quality Municipal Income Fund |
|
$.0485 |
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- |
NKG |
|
NYSE |
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Nuveen Georgia Quality Municipal Income Fund |
|
$.0470 |
|
- |
NMT |
|
NYSE |
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Nuveen Massachusetts Quality Municipal Income Fund |
|
$.0545 |
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- |
NMY |
|
NYSE |
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Nuveen Maryland Quality Municipal Income Fund |
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$.0525 |
|
- |
NUM |
|
NYSE |
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Nuveen Michigan Quality Municipal Income Fund |
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$.0535 |
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- |
NMS |
|
NYSE |
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Nuveen Minnesota Quality Municipal Income Fund |
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$.0635 |
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- |
NOM |
|
NYSE |
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Nuveen Missouri Quality Municipal Income Fund |
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$.0560 |
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- |
NNC |
|
NYSE |
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Nuveen North Carolina Quality Municipal Income Fund |
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$.0440 |
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- |
NXJ |
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NYSE |
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Nuveen New Jersey Quality Municipal Income Fund |
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$.0580 |
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- |
NJV |
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NYSE MKT |
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Nuveen New Jersey Municipal Value Fund |
|
$.0475 |
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- |
NUO |
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NYSE |
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Nuveen Ohio Quality Municipal Income Fund |
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$.0585 |
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- |
NQP |
|
NYSE |
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Nuveen Pennsylvania Quality Municipal Income Fund |
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$.0585 |
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- |
NPN |
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NYSE MKT |
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Nuveen Pennsylvania Municipal Value Fund |
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$.0495 |
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- |
NTX |
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NYSE |
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Nuveen Texas Quality Municipal Income Fund |
|
$.0530 |
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- |
NPV |
|
NYSE |
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Nuveen Virginia Quality Municipal Income Fund |
|
$.0460 |
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- |
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Monthly Taxable Distributions
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Monthly Taxable |
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Distribution Per Share |
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Change From
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Ticker
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Exchange
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Fund Name
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Amount
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Previous Month
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Preferred Securities
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JPC |
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NYSE |
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Preferred Income Opportunities Fund |
|
$.0640 |
|
- |
JPI |
|
NYSE |
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Preferred and Income Term Fund |
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$.1505 |
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- |
JPS |
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NYSE |
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Preferred Securities Income Fund |
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$.0620 |
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- |
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Floating Rate: Corporate Loans
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NSL |
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NYSE |
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Senior Income Fund |
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$.0395 |
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- |
JFR |
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NYSE |
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Floating Rate Income Fund |
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$.0675 |
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- |
JRO |
|
NYSE |
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Floating Rate Income Opportunity Fund |
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$.0705 |
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- |
JSD |
|
NYSE |
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Short Duration Credit Opportunities Fund |
|
$.1060 |
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- |
JQC |
|
NYSE |
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Credit Strategies Income Fund |
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$.0525 |
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- |
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Mortgage-Backed Securities
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- |
JMM |
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NYSE |
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Multi-Market Income Fund |
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$.0360 |
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- |
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Taxable Municipal
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NBB |
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NYSE |
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Build America Bond Fund |
|
$.1030 |
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- |
NBD |
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NYSE |
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Build America Bond Opportunity Fund |
|
$.0955 |
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- |
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Global Debt
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JGH |
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NYSE |
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Global High Income Fund |
|
$.1200 |
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- |
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High Yield Debt
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- |
JHY |
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NYSE |
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High Income 2020 Target Term Fund |
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$.0555 |
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- |
JHA |
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NYSE |
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High Income December 2018 Target Term Fund |
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$.0450 |
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- |
JHD |
|
NYSE |
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High Income December 2019 Target Term Fund |
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$.0505 |
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- |
JHB |
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NYSE |
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High Income November 2021 Target Term Fund |
|
$.0500 |
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- |
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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 |
|
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Change From |
Ticker
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Exchange
|
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Fund Name
|
|
Amount |
|
Previous Month |
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|
|
|
Preferred Securities
|
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JPW |
|
NYSE |
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Flexible Investment Income Fund |
|
$.1130 |
|
- |
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Mortgage-Backed Securities
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JLS |
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NYSE |
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Mortgage Opportunity Term Fund |
|
$.1135 |
|
- |
JMT |
|
NYSE |
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Mortgage Opportunity Term Fund 2 |
|
$.1125 |
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- |
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Real Assets
|
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JRI |
|
NYSE |
|
Real Asset Income and Growth |
|
$.1100 |
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- |
DRA |
|
NYSE |
|
Diversified Real Asset Income Fund |
|
$.1110 |
|
- |
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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 |
|
|
|
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Quarterly Distribution Per Share |
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Change From |
Ticker
|
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Exchange
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Fund Name
|
|
Amount |
|
Previous Quarter |
JMF |
|
NYSE |
|
Nuveen Energy MLP Total Return Fund |
|
$.3370 |
|
- |
JMLP |
|
NYSE |
|
Nuveen All Cap Energy MLP Opportunities Fund |
|
$.2460 |
|
- |
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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
View source version on businesswire.com: http://www.businesswire.com/news/home/20170403006519/en/