Nuveen Closed-End Funds Declare Monthly Distributions
December 01 2011 - 6:12PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced that 113 Nuveen closed-end funds had 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.
In addition, two Municipal Term Preferred Shares declared
long-term capital gains with the record, ex-dividend and payable
date mentioned below. Also, Three Senior Loan funds have declared
supplemental taxable income distribution amounts this month in
addition to their regular monthly amounts.
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 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.
The following dates apply to today's distribution
declarations for the following Closed-End Funds: Record
Date December 15, 2011 Ex-Dividend Date
December 13, 2011 Payable Date December 30,
2011 Reinvest Date
December 30, 2011
Monthly Tax-Free Distribution Per Share Change
From Amount Previous Month
Ticker
Closed-End
Portfolios
NXP Select Portfolio $.0595 - NXQ Select Portfolio 2 .0525 - NXR
Select Portfolio 3 .0550 .0015 NXC CA Select Portfolio .0570 - NXN
NY Select Portfolio .0545 .0015
Closed-End
Funds
Non-Leveraged
Funds
NUV Municipal Value .0390 - NUW Municipal Value 2 .0710 (.0040) NCA
CA Municipal Value .0390 .0010 NNY NY Municipal Value .0355 - NMI
Municipal Income .0475 - NIMF Select Maturities .0340 - NYV NY
Municipal Value 2 .0560 - NCB CA Municipal Value 2 .0665 - NJV NJ
Municipal Value .0640 - NPN PA Municipal Value .0565 (.0050)
Leveraged
Funds
National
NPI Premium Income .0765 - NPP Performance Plus .0800 - NMA
Advantage .0825 - NMO Market Opportunity .0775 - Monthly
Tax-Free Distribution Per Share Change From Amount Previous Month
NQM Investment Quality .0840 - NQI Insured Quality .0750 - NQS
Select Quality .0860 - NQU Quality Income .0790 - NIO Insured
Opportunity .0730 - NPF Premier .0785 - NIF Premier Insured .0755 -
NPM Premium Income 2 .0795 - NPT Premium Income 4 .0710 - NPX
Insured Premium 2 .0620 - NAD Dividend Advantage .0760 - NXZ
Dividend Advantage 2 .0800 - NZF Dividend Advantage 3 .0820 - NVG
Insured Dividend Advantage .0750 - NEA Insured Tax-Free Advantage
.0700 - NMZ High Income Opportunity Fund .0730 - NMD High Income
Opportunity Fund 2 .0655 - NEV Enhanced Municipal Value Fund .0800
-
California
NCP Performance Plus .0815 - NCO Market Opportunity .0800 - NQC
Investment Quality .0830 - NVC Select Quality .0860 - NUC Quality
Income .0875 - NPC Insured Premium Income .0725 - NCL Insured
Premium Income 2 .0755 - NCU Premium Income .0725 - NAC Dividend
Advantage .0770 - NVX Dividend Advantage 2 .0800 - NZH Dividend
Advantage 3 .0750 - NKL Insured Dividend Advantage .0830 - NKX
Insured Tax-Free Advantage .0710 -
New
York
NNP Performance Plus .0735 - NQN Investment Quality .0690 - NVN
Select Quality .0725 - NUN Quality Income .0730 - NNF Insured
Premium Income .0695 - NAN Dividend Advantage .0655 -
Monthly Tax-Free Distribution Per Share Change From Amount Previous
Month NXK Dividend Advantage 2 .0665 - NKO Insured Dividend
Advantage .0680 - NRK Insured Tax-Free Advantage .0585 -
Other State
Funds
NAZ AZ Premium Income .0640 - NFZ AZ Dividend Advantage .0645 - NKR
AZ Dividend Advantage 2 .0670 - NXE AZ Dividend Advantage 3 .0630 -
NTC CT Premium Income .0590 - NFC CT Dividend Advantage .0605 - NGK
CT Dividend Advantage 2 .0625 - NGO CT Dividend Advantage 3 .0575 -
NPG GA Premium Income .0565 - NZX GA Dividend Advantage .0610 - NKG
GA Dividend Advantage 2 .0575 - NMY MD Premium Income .0645 - NFM
MD Dividend Advantage .0650 - NZR MD Dividend Advantage 2 .0660 -
NWI MD Dividend Advantage 3 .0630 - NMT MA Premium Income .0650 -
NMB MA Dividend Advantage .0610 (.0040) NGX Insured MA Tax-Free
Advantage .0570 (.0025) NUM MI Quality Income .0740 - NMP MI
Premium Income .0730 - NZW MI Dividend Advantage .0670 - NOM MO
Premium Income .0650 - NQJ NJ Investment Quality .0705 - NNJ NJ
Premium Income .0725 - NXJ NJ Dividend Advantage .0695 - NUJ NJ
Dividend Advantage 2 .0715 - NNC NC Premium Income .0585 - NRB NC
Dividend Advantage .0660 - NNO NC Dividend Advantage 2 .0640 - NII
NC Dividend Advantage 3 .0625 - NUO OH Quality Income .0800 - NXI
OH Dividend Advantage .0735 - NBJ OH Dividend Advantage 2 .0700 -
NVJ OH Dividend Advantage 3 .0755 - NQP PA Investment Quality .0780
- Monthly Tax-Free Distribution Per Share Change From Amount
Previous Month NPY PA Premium Income 2 .0700 - NXM PA Dividend
Advantage .0725 - NVY PA Dividend Advantage 2 .0745 - NTX TX
Quality Income .0715 - NPV VA Premium Income .0670 - NGB VA
Dividend Advantage .0640 - NNB VA Dividend Advantage 2 .0660 -
Monthly Taxable Distribution Per Share
Closed-End
Funds:
Change From Supplemental
Previous
Taxable
Ticker
Taxable
Funds
Amount
Month
Distribution1
Preferred
Securities
JTP Quality Preferred Income Fund .0500 - - JPS Quality Preferred
Income Fund 2 .0550 - - JHP Quality Preferred Income Fund 3 .0520 -
-
Floating Rate:
Corporate Loans
NSL Senior Income Fund .0430 .0020 .0238 JFR Floating Rate Income
Fund .0685 .0050 .1487 JRO Floating Rate Income Opportunity Fund
.0725 .0045 .1458 JSD Nuveen Short Duration Credit Opportunities
Fund .1135 - -
Floating Rate:
Tax Advantaged
JFP Tax-Advantaged Floating Rate Fund .0100 - -
Mortgage-Backed
Securities
JLS Mortgage Opportunity Term Fund .1725 - - JMT Mortgage
Opportunity Term Fund 2 .1725 - -
Taxable
Municipal
NBB Nuveen Build America Bond Fund .1170 - - NBD Nuveen Build
America Bond Opportunity Fund .1260 - -
1. For tax purposes, a non-recurring supplemental taxable
distribution will be paid this month.
Record Date December 15, 2011
Ex-Dividend Date December 13, 2011 Payable
Date December 30, 2011
Monthly Tax-Free Distribution Per Ordinary
Long-Term
Ticker
MuniFund Term
Preferred
Share Income Capital Gain NVG
PrC Nuveen Insured Dividend Advantage Municipal Fund MTP $.024583 -
- NGB PrC Nuveen Virginia Dividend Advantage Municipal Fund MTP
.023333 - - NNB PrC Nuveen Virginia Dividend Advantage Municipal
Fund 2 MTP .023333 - - NAN PrC Nuveen New York Dividend Advantage
Municipal Fund MTP .022500 - - NZH PrC Nuveen California Dividend
Advantage Municipal Fund 3 MTP .024583 - - NEA PrC Nuveen Insured
Tax-Free Advantage Municipal Fund MTP .023750 - - NKG PrC Nuveen
Georgia Dividend Advantage Municipal Fund 2 MTP .022083 - - NMT PrC
Nuveen Massachusetts Premium Income Municipal Fund MTP .022083 - -
NMY PrC Nuveen Maryland Premium Income Municipal Fund MTP .022083 -
- NNC PrC Nuveen North Carolina Premium Income Municipal Fund MTP
.022083 - - NPV PrC Nuveen Virginia Premium Income Municipal Fund
MTP .022083 - - NTC PrC Nuveen Connecticut Premium Income Municipal
Fund MTP .022083 - - NII PrC Nuveen North Carolina Dividend
Advantage Municipal Fund 3 MTP .022083 - - NGO PrC Nuveen
Connecticut Dividend Advantage Municipal Fund 3 MTP .022083 - - NGX
PrC Nuveen Insured Mass. Tax-Free Advantage Municipal Fund MTP
.022083 - - NPG PrC Nuveen Georgia Premium Income Municipal Fund
MTP .022083 - - NZX PrC Nuveen Georgia Dividend Advantage Municipal
Fund MTP .022083 - - NWI PrC Nuveen Maryland Dividend Advantage
Municipal Fund 3 MTP .022083 - - NAD PrC Nuveen Dividend Advantage
Municipal Fund MTP .012566 .001959 .013324 NMB PrC Nuveen
Massachusetts Dividend Advantage Municipal Fund MTP .021667 - - NRB
PrC Nuveen North Carolina Dividend Advantage Municipal Fund MTP
.021667 - - NNO PrC Nuveen North Carolina Dividend Advantage
Municipal Fund 2 MTP .021667 - - NFC PrC Nuveen Connecticut
Dividend Advantage Municipal Fund MTP .021667 - - NGK PrC Nuveen
Connecticut Dividend Advantage Municipal Fund 2 MTP .021667 - - NXK
PrC Nuveen New York Dividend Advantage Municipal Fund 2 MTP .021250
- - NRK PrC Nuveen Insured New York Tax Free Advantage Municipal
Fund MTP .021250 - - NFM PrC Nuveen Maryland Dividend Advantage
Municipal Fund MTP .021667 - - NZR PrC Nuveen Maryland Dividend
Advantage Municipal Fund 2 MTP .021667 - - NCU PrC Nuveen
California Premium Income Municipal Fund MTP .016667 - - NUJ PrC
Nuveen New Jersey Dividend Advantage Municipal Fund 2 MTP .016667 -
- NXM PrC Nuveen Pennsylvania Dividend Advantage Municipal Fund MTP
.017500 - - NKR PrC Nuveen Arizona Dividend Advantage Municipal
Fund 2 MTP .017083 - - NFZ PrC Nuveen Arizona Dividend Advantage
Municipal Fund MTP .017083 - - NVX PrC Nuveen California Dividend
Advantage Municipal Fund 2 MTP .017083 - - NVY PrC Nuveen
Pennsylvania Dividend Advantage Municipal Fund 2 MTP .017917 - -
NTX PrC Nuveen Texas Quality Income Municipal Fund MTP .019167 - -
NOM PrC Nuveen Missouri Premium Income Municipal Fund MTP .017500 -
- NZW PrC Nuveen Michigan Dividend Advantage Municipal Fund MTP
.019167 - - NXI PrC Nuveen Ohio Dividend Advantage Municipal Fund
MTP .019583 - - NAN PrD Nuveen New York Dividend Advantage
Municipal Fund MTP .020833 - - NNC PrD Nuveen North Carolina
Premium Income Municipal Fund MTP .021667 - - NTC PrD Nuveen
Connecticut Premium Income Municipal Fund MTP .021250 - - NZF PrC
Nuveen Dividend Advantage Municipal Fund 3 MTP .015099 - .012668
NMT PrD Nuveen Massachusetts Premium Income Municipal Fund MTP
.022917 - - NWI PrD Nuveen Maryland Dividend Advantage Municipal
Fund 3 MTP .023750 - - NXE PrC Nuveen Arizona Dividend Advantage
Municipal Fund 3 MTP .024167 - - NPV PrA Nuveen Virginia Premium
Income Municipal Fund MTP .018750 - - NMY PrD Nuveen Maryland
Premium Income Municipal Fund MTP .024167 - - NXI PrD Nuveen Ohio
Dividend Advantage Municipal Fund MTP .024583 - - NXJ PrA Nuveen
New Jersey Dividend Advantage Municipal Fund MTP .019167 - - NVX
PrA NuveenCalifornia Dividend Advantage Municipal Fund 2 MTP
.019583 - - NBJ PrA Nuveen Ohio Dividend Advantage Municipal Fund 2
MTP .019583 - - NZH PrA Nuveen California Dividend Advantage
Municipal Fund 3 MTP .019583 - - NVJ PrA Nuveen Ohio Dividend
Advantage Municipal Fund 3 MTP .019583 - - NZH PrB Nuveen
California Dividend Advantage Municipal Fund 3 MTP .018750 - -
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, NWQ, Santa Barbara, Symphony,
Tradewinds and Winslow Capital. In total, Nuveen Investments
managed $207 billion as of October 31, 2011. For more information,
please visit the Nuveen Investments website at www.nuveen.com.
Nuveen Connecticut Dividend Advantage Municipal Fund Common Shares of Beneficial Interest (AMEX:NFC)
Historical Stock Chart
From Jul 2024 to Aug 2024
Nuveen Connecticut Dividend Advantage Municipal Fund Common Shares of Beneficial Interest (AMEX:NFC)
Historical Stock Chart
From Aug 2023 to Aug 2024