NPT Nuveen Premium Income Municipal Fund IV, Inc.

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that at the request of the fund’s investment adviser, Standard & Poor’s (S&P) withdrew its long-term ratings from all series of Variable Rate Demand Preferred (VRDP) and MuniTerm Preferred (MTP) shares issued by 27 Nuveen municipal bond closed-end funds. Fitch and Moody’s will continue to provide both long-term and short-term ratings for each of the funds.

The 27 funds, their prior S&P long-term and, for VRDP, short-term ratings, their current S&P ratings after S&P’s actions, and their current Fitch and Moody’s ratings are as follows:

                                  Fund Name Common Share Ticker Preferred Type Series Preferred CUSIP Prior S&P Long-Term/Short-Term Ratings Current S&P Long-Term/Short-Term Ratings Current Fitch Long-Term/Short-Term Ratings Current Moody's Long-Term/Short-Term Ratings

Nuveen New York Dividend Advantage Municipal Fund

NAN MTP Series 2015 67066X305 AAA / NR AAA / Aa2 / MTP Series 2016 67066X404 AAA / NR AAA / Aa2 / Nuveen California Premium Income Municipal Fund NCU MTP Series 2015 6706L0300 AAA / NR AAA / Aa2 / Nuveen Massachusetts AMT-Free Municipal Income Fund NGX MTP Series 2015 67072F306 AAA / NR AAA / Aa2 / Nuveen Georgia Dividend Advantage Municipal Fund 2 NKG MTP Series 2015 67072B305 AAA / NR AAA / Aa2 / MTP Series 2015 #1 67072B404 AAA / NR AAA / Aa2 / MTP Series 2015 #2 67072B503 AAA / NR AAA / Aa2 / Nuveen Massachusetts Dividend Advantage Municipal Fund NMB MTP Series 2015

67069P309

AAA / NR AAA / Aa2 / Nuveen Massachusetts Premium Income Municipal Fund NMT MTP Series 2015 67061E302 AAA / NR AAA / Aa2 / MTP Series 2016 67061E401 AAA / NR AAA / Aa2 / Nuveen Maryland Premium Income Municipal Fund NMY MTP Series 2015 67061Q404 AAA / NR AAA / Aa2 / MTP Series 2015 #1 67061Q800 AAA / NR AAA / Aa2 / MTP Series 2015 #1 67061Q701 AAA / NR AAA / Aa2 / MTP Series 2015 67061Q602 AAA / NR AAA / Aa2 / MTP Series 2016 67061Q883 AAA / NR AAA / Aa2 / MTP Series 2016 67061Q503 AAA / NR AAA / Aa2 / Nuveen Missouri Premium Income Municipal Fund NOM MTP Series 2015 67060Q306 AA / NR AAA / Aa2 / Nuveen Texas Quality Income Municipal Fund NTX MTP Series 2015 670983402 AAA / NR AAA / Aa2 / Nuveen New Jersey Dividend Advantage Municipal Fund 2 NUJ MTP Series 2015 67071T307 AAA / NR AAA / Aa2 / Nuveen New York Dividend Advantage Municipal Fund 2 NXK MTP Series 2015 67070A309 AAA / NR AAA / Aa2 / Nuveen Dividend Advantage Municipal Fund 3 NZF MTP Series 2016 67070X507 AAA / NR AAA / Aa1 / Nuveen New York AMT-Free Municipal Income Fund NRK MTP Series 2015 670656305 AAA / NR AAA / Aa2 / VRDP Series 1 670656404 AAA / A-1 NR / A-1 AAA / F1 Aa2 / P1 VRDP Series 2 670656503 AAA / A-1 NR / A-1 AAA / F1 Aa2 / P1 VRDP Series 3 670656602 AAA / A-1 NR / A-1 AAA / F1 Aa2 / P1 VRDP Series 4 670656701 AAA / A-1 NR / A-1 AAA / F1+ Aa2 / P1 Nuveen AMT-Free Municipal Income Fund NEA VRDP Series 1 670657709 AAA / A-1 NR / A-1 AAA / F1+ Aa1 / P1 VRDP Series 2 670657808 AAA / A-1 NR / A-1 AAA / F1 Aa1 / P1 Nuveen California Municipal Market Opportunity Fund, Inc. NCO VRDP Series 1 67062U404 AAA / A-1 NR / A-1 AAA / F1+ Aa2 / P1 Nuveen California Performance Plus Municipal Fund, Inc. NCP VRDP Series 1 67062Q502 AAA / A-1 NR / A-1 AAA/ F1 Aa2 / P1 Nuveen Municipal Opportunity Fund, Inc. NIO VRDP Series 1 670984863 AAA / A-1 NR / A-1 AAA/ F1 Aa1 / P1 Nuveen California AMT-Free Municipal Income Fund NKX VRDP Series 2 670651405 AA / A-1 NR / A-1 AAA / F1+ Aa2 / P1 VRDP Series 3 670651504 AA / A-1 NR / A-1 AAA / F1+ Aa2 / P1 VRDP Series 4 670651603 AA / A-1 NR / A-1 AAA / F1 Aa2 / P1 VRDP Series 5 670651702 AA / A-1 NR / A-1 AAA / F1 Aa2 / P2 Nuveen Municipal Advantage Fund, Inc. NMA VRDP Series 1 67062H700 AAA / A-1 NR / A-1 AAA / F1 Aa1 / P1 Nuveen Municipal Market Opportunity Fund, Inc. NMO VRDP Series 1 67062W608 AA / A-1 NR / A-1 AAA / F1+ Aa1 / P1 Nuveen New Jersey Premium Income Municipal Fund, Inc. NNJ VRDP Series 2 67101N601 AAA / A-1+ NR / A-1+ AAA / F1+ Aa2 / P1 Nuveen New York Performance Plus Municipal Fund, Inc. NNP VRDP Series 1 67062R609 AAA / A-1 NR / A-1 AAA / F1+ Aa2 / P1 Nuveen Premium Income Municipal Fund 4, Inc. NPT VRDP Series 1 6706K4873 AAA / A-1 NR / A-1 AAA / F1 Aa1 / P1 Nuveen California Investment Quality Municipal Fund, Inc. NQC VRDP Series 2 67062A507 AAA / A-1+ NR / A-1+ AAA / F1+ Aa2 / P1 Nuveen New Jersey Investment Quality Municipal Fund, Inc. NQJ VRDP Series 2 670971605 AAA / A-1+ NR / A-1+ AAA / F1+ Aa2 / P1 Nuveen California Quality Income Municipal Fund, Inc. NUC VRDP Series 1 670985506 AAA / A-1 NR / A-1 AAA / F1 Aa2 / P1 Nuveen California Select Quality Municipal Fund, Inc. NVC VRDP Series 1 670975507 AAA / A-1 NR / A-1 AAA / F1 Aa2 / P1

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 $215 billion as of September 30, 2013. For more information, please visit the Nuveen Investments website at www.nuveen.com.

MEDIA CONTACT:Nuveen InvestmentsKristyna Munoz, (312) 917-8343kristyna.munoz@nuveen.com