Nuveen Closed-End Funds Declare Monthly Distributions
03 Junho 2013 - 6:07PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced that 85 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 June 14, 2013 Ex-Dividend
Date June 12, 2013 Payable Date July 1,
2013 Reinvest Date July 1, 2013
Monthly Tax-Free
Distribution Per Share
Change From
Ticker
Fund
Name
Amount
Previous
Month
NXP Select Portfolio $.0525 - NXQ Select Portfolio 2 $.0525 - NXR
Select Portfolio 3 $.0525 - NXC CA Select Portfolio $.0570 - NXN NY
Select Portfolio $.0525 - NUV Municipal Value $.0370 - NUW
Municipal Value 2 $.0670 - NCA CA Municipal Value $.0390 - NNY NY
Municipal Value $.0310 (.0020) NMI Municipal Income $.0475 - NIM
Select Maturities $.0285 (.0010) NYV NY Municipal Value 2 $.0560 -
NCB CA Municipal Value 2 $.0650 - NJV NJ Municipal Value $.0520 -
NPN PA Municipal Value $.0530 -
Leveraged
Funds
National
NPI Premium Income $.0720 - NPP Performance Plus $.0770 - NMA
Advantage $.0670 - NMO Market Opportunity $.0645 - NQM Investment
Quality $.0800 - NQI Quality Municipal $.0660 (.0070) NQS Select
Quality $.0650 - NQU Quality Income $.0655 - NIO Municipal
Opportunity $.0730 -
Change From
Amount
Previous
Month
NPF Premier $.0700 - NPM Premium Income 2 $.0720 - NPT Premium
Income 4 $.0680 - NAD Dividend Advantage $.0730 - NXZ Dividend
Advantage 2 $.0670 - NZF Dividend Advantage 3 $.0580 (.0045) NVG
Dividend Advantage Municipal $.0545 (.0065) NMZ High Income
Opportunity Fund $.0730 - NMD High Income Opportunity Fund 2 $.0655
- NEV Enhanced Municipal Value Fund $.0800 - NID Int. Duration
Municipal Term Fund $.0550 - NIQ Int. Duration Quality Municipal
Term Fund $.0480 -
California
NKX CA AMT-Free Municipal Income $.0700 - NCP Performance Plus
$.0790 - NCO Market Opportunity $.0800 - NQC Investment Quality
$.0770 - NVC Select Quality $.0830 - NUC Quality Income $.0850 -
NCU Premium Income $.0700 - NAC Dividend Advantage $.0740 - NVX
Dividend Advantage 2 $.0750 - NZH Dividend Advantage 3 $.0670 -
New
York
NRK AMT-Free Municipal Income $.0690 - NNP Performance Plus $.0710
- NAN Dividend Advantage $.0630 - NXK Dividend Advantage 2 $.0550
(.0040)
Other State
Funds
NAZ AZ Premium Income $.0640 - NTC CT Premium Income $.0570 - NKG
GA Dividend Advantage 2 $.0535 - NMT MA Premium Income $.0555 - NMB
MA Dividend Advantage $.0540 - NGX Insured MA Tax-Free Advantage
$.0480 - NMY MD Premium Income $.0555 (.0050) NUM MI Quality Income
$.0740 - NOM MO Premium Income $.0610 - NNC NC Premium Income
$.0503 - NQJ NJ Investment Quality $.0670 - NNJ NJ Premium Income
$.0710 - NXJ NJ Dividend Advantage $.0550 - NUJ NJ Dividend
Advantage 2 $.0565 - NUO OH Quality Income $.0800 - NQP PA
Investment Quality $.0700 - NPY PA Premium Income 2 $.0700 - NXM PA
Dividend Advantage $.0595 - NVY PA Dividend Advantage 2 $.0620 -
Change From
Amount
Previous
Month
NTX TX Quality Income $.0580 - NPV VA Premium Income $.0595 -
Monthly Taxable
Distribution Per Share
Closed-End
Funds:
Change From
Ticker
Taxable
Funds
Amount
Previous
Month
Preferred
Securities
JTP Quality Preferred Income Fund .0500 - 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 .1690 -
Floating Rate:
Corporate Loans
NSL Senior Income Fund .0410 (.0045) JFR Floating Rate Income Fund
.0700 (.0060) JRO Floating Rate Income Opportunity Fund .0730
(.0070) JSD Short Duration Credit Opportunities Fund .1260 (.0060)
JQC Credit Strategies Income Fund .0620 -
Mortgage-Backed
Securities
JLS Mortgage Opportunity Term Fund .1585 (.0140) JMT Mortgage
Opportunity Term Fund 2 .1595 (.0130)
Taxable
Municipal
NBB Build America Bond Fund .1135 - NBD Build America Bond
Opportunity Fund .1105 -
The following dates apply to today's distribution
declarations for the following MTP Shares:
Record Date
June 14, 2013 Ex-Dividend Date June 12, 2013
Payable Date July 1, 2013
Ticker
MuniFund Term
Preferred
Monthly Tax-Free Distribution Per Share
NAD PrC Nuveen Dividend Advantage Municipal Fund MTP .022500 NAN
PrC Nuveen New York Dividend Advantage Municipal Fund MTP .022500
NAN PrD Nuveen New York Dividend Advantage Municipal Fund MTP
.020833 NCU PrC Nuveen California Premium Income Municipal Fund MTP
.016667 NEA PrC Nuveen AMT-Free Municipal Income Fund MTP .023750
NGX PrC Nuveen Massachusetts AMT-Free Municipal Income Fund MTP
.022083 NKG PrC Nuveen Georgia Dividend Advantage Municipal Fund 2
MTP .022083 NKG PrD Nuveen Georgia Dividend Advantage Municipal
Fund 2 MTP .022083 NKG PrE Nuveen Georgia Dividend Advantage
Municipal Fund 2 MTP .022083 NMB PrC Nuveen Massachusetts Dividend
Advantage Municipal Fund MTP .021667 NMT PrC Nuveen Massachusetts
Premium Income Municipal Fund MTP .022083 NMT PrD Nuveen
Massachusetts Premium Income Municipal Fund MTP .022917 NMY PrC
Nuveen Maryland Premium Income Municipal Fund MTP .022083 NMY PrD
Nuveen Maryland Premium Income Municipal Fund MTP .024167 NNC PrC
Nuveen North Carolina Premium Income Municipal Fund MTP .022083 NNC
PrD Nuveen North Carolina Premium Income Municipal Fund MTP .021667
NNC PrE Nuveen North Carolina Premium Income Municipal Fund MTP
.021667 NNC PrF Nuveen North Carolina Premium Income Municipal Fund
MTP .021667 NNC PrG Nuveen North Carolina Premium Income Municipal
Fund MTP .022083 NOM PrC Nuveen Missouri Premium Income Municipal
Fund MTP .017500 NPV PrA Nuveen Virginia Premium Income Municipal
Fund MTP .018750 NPV PrC Nuveen Virginia Premium Income Municipal
Fund MTP .022083 NRK PrC Nuveen New York AMT-Free Municipal Income
Fund MTP .021250 NTC PrC Nuveen Connecticut Premium Income
Municipal Fund MTP .022083 NTC PrD Nuveen Connecticut Premium
Income Municipal Fund MTP .021250 NTC PrE Nuveen Connecticut
Premium Income Municipal Fund MTP .021667 NTC PrF Nuveen
Connecticut Premium Income Municipal Fund MTP .021667 NTC PrG
Nuveen Connecticut Premium Income Municipal Fund MTP .022083 NTX
PrC Nuveen Texas Quality Income Municipal Fund MTP .019167 NUJ PrC
Nuveen New Jersey Dividend Advantage Municipal Fund 2 MTP .016667
NVG PrC Nuveen Dividend Advantage Municipal Fund MTP .024583 NVX
PrA Nuveen California Dividend Advantage Municipal Fund 2 MTP
.019583 NVX PrC Nuveen California Dividend Advantage Municipal Fund
2 MTP .017083 NVY PrC Nuveen Pennsylvania Dividend Advantage
Municipal Fund 2 MTP .017917 NXJ PrA Nuveen New Jersey Dividend
Advantage Municipal Fund MTP .019167 NXK PrC Nuveen New York
Dividend Advantage Municipal Fund 2 MTP .021250 NXM PrC Nuveen
Pennsylvania Dividend Advantage Municipal Fund MTP .017500 NZF PrC
Nuveen Dividend Advantage Municipal Fund 3 MTP .023333 NZH PrA
Nuveen California Dividend Advantage Municipal Fund 3 MTP .019583
NZH PrB Nuveen California Dividend Advantage Municipal Fund 3 MTP
.018750 NZH PrC Nuveen California Dividend Advantage Municipal Fund
3 MTP .024583 NMY PrG Nuveen Maryland Premium Income Municipal Fund
MTP .022083 NMY PrE Nuveen Maryland Premium Income Municipal Fund
MTP .021667 NMY PrF Nuveen Maryland Premium Income Municipal Fund
MTP .021667 NMY PrH Nuveen Maryland Premium Income Municipal Fund
MTP .023750 NPV PrD Nuveen Virginia Premium Income Municipal Fund
MTP .023333 NPV PrE Nuveen Virginia Premium Income Municipal Fund
MTP .023333 NUM PrC Nuveen Michigan Quality Income Municipal Fund
MTP .019167 NAZ PrC Nuveen Arizona Premium Income Municipal Fund
MTP .017083 NAZ PrD Nuveen Arizona Premium Income Municipal Fund
MTP .024167 NUO PrC Nuveen Ohio Quality Income Municipal Fund MTP
.019583 NUO PrD Nuveen Ohio Quality Income Municipal Fund MTP
.024583 NUO PrA Nuveen Ohio Quality Income Municipal Fund MTP
.019583
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 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. In total, Nuveen Investments managed
approximately $224 billion as of March 31, 2013. 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.
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