CHICAGO--(BUSINESS WIRE)--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, MLP, 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 and quarterly distributions are listed below.
The following dates apply to today's distribution declarations for the following Closed-End Funds:
Record Date | January 15, 2015 | |
Ex-Dividend Date | January 13, 2015 | |
Payable Date | February 2, 2015 | |
Reinvest Date | February 2, 2015 | |
Monthly TAX--FREE Distribution | ||||||||
Per Share | ||||||||
TAX-FREE FUNDS |
Change From | |||||||
|
Amount | Previous Month | ||||||
Ticker |
Exchange |
Fund Name |
||||||
NXP | NYSE | Select Portfolio | $.0485 | - | ||||
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 | $.0285 | - | ||||
Leveraged Funds |
||||||||
National |
||||||||
NPI | NYSE | Premium Income | $.0685 | - | ||||
NPP | NYSE | Performance Plus | $.0770 | - | ||||
NMA | NYSE | Advantage | $.0670 | - | ||||
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 | $.0720 | - | ||||
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 | Dividend Advantage 2 | $.0715 | - | ||||
NZF | NYSE MKT | Dividend Advantage 3 | $.0625 | - | ||||
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 | $.0710 | - | ||||
NAN | NYSE | Dividend Advantage | $.0630 | - | ||||
NXK | NYSE MKT | Dividend Advantage 2 | $.0550 | - | ||||
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 | $.0575 | - | ||||
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 | $.0505 | - | ||||
NJV | NYSE MKT | NJ Municipal Value | $.0500 | - | ||||
NUO | NYSE | OH Quality Income | $.0740 | - | ||||
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 | - | ||||
|
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Monthly TAXABLE Distribution | ||||||||
Per Share | ||||||||
TAXABLE FUNDS |
Change From | |||||||
Ticker |
Amount | Previous Month | ||||||
Preferred Securities |
||||||||
JTP | NYSE | Quality Preferred Income Fund | $.0550 | .0020 | ||||
JPS | NYSE | Quality Preferred Income Fund 2 | $.0580 | .0020 | ||||
JHP | NYSE | Quality Preferred Income Fund 3 | $.0560 | .0025 | ||||
JPC | NYSE | Preferred Income Opportunities Fund | $.0633 | - | ||||
JPI | NYSE | Preferred and Income Term Fund | $.1595 | .0015 | ||||
JPW | NYSE | Nuveen Flexible Investment Income Fund | $.1260 | - | ||||
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 | $.0435 | - | ||||
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 | - | ||||
DRA | NYSE | Diversified Real Asset Income Fund | $.1175 | .0090 | ||||
The following dates apply to the distribution declarations for the MLP Funds:
Record Date | January 15, 2015 | |
Ex-Dividend Date | January 13, 2015 | |
Payable Date | February 17, 2015 | |
Reinvest Date | February 17, 2015 | |
Quarterly Distribution Per Share | ||||||
Change From | ||||||
Ticker |
Taxable Funds |
Amount | Previous Quarter | |||
JMF | Energy MLP Total Return Fund | $.3330 | .0060 | |||
JMLP | All Cap Energy MLP Opportunities Fund | $.3420 | .0060 | |||
The following dates apply to today's distribution declarations for the following MTP Shares:
Record Date | January 15, 2015 | |||
Ex-Dividend Date | January 13, 2015 | |||
Payable Date | February 2, 2015 | |||
Ticker |
MuniFund Term Preferred |
Monthly Tax-Free |
||
NOM PrC | Nuveen Missouri Premium Income Municipal Fund MTP | .017500 | ||
NTX PrC | Nuveen Texas Quality Income Municipal Fund MTP | .019167 | ||
NXJ PrC | Nuveen New Jersey Dividend Advantage Municipal Fund MTP | .016667 | ||
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 $229 billion as of September 30, 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.
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