Nuveen Commodity Funds Reinstate Record and Ex-Dividend Dates for January Distributions
January 13 2016 - 10:11AM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions, as well as individual investors, today
announced that the Nuveen Diversified Commodity Fund (NYSE MKT:
CFD) and the Nuveen Long/Short Commodity Total Return Fund (NYSE
MKT: CTF) have reinstated the original record date of January 15,
2016 and the ex-dividend date to January 13, 2016, for the
distributions payable on February 1, 2016.
THIS RELEASE REPLACES A SIMILAR ANNOUNCEMENT POSTED JANUARY 12,
2016 WHICH NOTED A CHANGE IN THE RECORD AND EX-DIVIDEND DATES FOR
THESE TWO FUNDS.
The distribution amounts and payable date announced on January
4, 2016 will remain unchanged.
The following dates apply to the previously announced January
distributions for CFD and CTF: Record Date
January 15, 2016 Ex-Dividend Date January 13
2016 Payable Date February 1, 2016
Monthly Distribution
Per Share
Ticker
Fund
Name
Amount
Change From
Previous Month
CFD Diversified Commodity Fund $.0580 — CTF Long/Short Commodity
Total Return Fund $.0900 —
The funds intend to make regular monthly distributions to
shareholders based on past and projected performance. Among other
factors, the funds seek to establish a distribution rate that
roughly corresponds to projections by the fund’s manager, Nuveen
Commodities Asset Management, of the total return that could
reasonably be expected to be generated by the funds over an
extended period of time. Investors should not draw any conclusions
about a fund’s past or future investment performance from its
current distribution rate. As market conditions and portfolio
performance may change, the rate of distributions on the shares and
the funds’ distribution policy could change.
Because each fund expects to be classified as a partnership for
tax purposes, shareholders will be allocated their pro-rata share
of the fund’s income, gains, losses, deductions and credits for
purposes of computing their tax liability. Fund shareholders will
receive a Schedule K-1 which reports their allocable portion of
such tax items. An investment in the funds’ shares is subject to
investment risk, including the possible loss of the entire amount
invested. The funds invest primarily in commodity futures contracts
and options on commodity futures contracts, which have a high
degree of price variability and are subject to rapid and
substantial price changes. The funds could incur significant losses
on commodity investments. The funds are commodity pools; they are
not mutual funds, closed-end funds, or any other type of
“investment company” within the meaning of the Investment Company
Act of 1940, as amended, and are not subject to regulation
thereunder.
This press release is not a solicitation to buy or sell fund
shares. The funds do not presently offer any new shares for sale;
existing shares trade on the NYSE MKT.
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. Nuveen Commodities Asset
Management, LLC is the manager of the funds and is registered as a
commodity pool operator with the Commodity Futures Trading
Commission. 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 $220
billion as of September 30, 2015. For more information, please
visit the Nuveen Investments website at www.nuveen.com.
12986-INV-O-01/18
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version on businesswire.com: http://www.businesswire.com/news/home/20160113005789/en/
Nuveen InvestmentsMedia Contact:Kristyna Munoz(312)
917-8343kristyna.munoz@nuveen.com
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