Nuveen Closed-End Funds Declare Monthly Distributions
September 01 2011 - 5:47PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions, high-net-worth and affluent 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.
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 September 15, 2011 Ex-Dividend
Date September 13, 2011 Payable Date October
3, 2011 Reinvest Date October 3, 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 .0535 - NXC CA Select Portfolio .0570 - NXN NY
Select Portfolio .0530 -
Closed-End
Funds
Non-Leveraged
Funds
NUV Municipal Value .0390 - NUW Municipal Value 2 .0750 - NCA CA
Municipal Value .0380 - NNY NY Municipal Value .0355 - NMI
Municipal Income .0475 - NIMF Select Maturities .0340 - NYV NY
Municipal Value 2 .0560 (.0045) NCB CA Municipal Value 2 .0665 -
NJV NJ Municipal Value .0640 - NPN PA Municipal Value .0615 (.0015)
Leveraged
Funds
National
NPI Premium Income .0765 - NPP Performance Plus .0800 .0015 NMA
Advantage .0825 - NMO Market Opportunity .0775 (.0040) NQM
Investment Quality .0840 .0015 NQI Insured Quality .0750 - NQS
Select Quality .0860 - NQU Quality Income .0790 - NIO Insured
Opportunity .0730 .0010 NPF Premier .0785 .0020 NIF Premier Insured
.0755 .0015 NPM Premium Income 2 .0795 .0015 NPT Premium Income 4
.0710 -
Change From Amount Previous Month NPX
Insured Premium 2 .0620 - NAD Dividend Advantage .0760 - NXZ
Dividend Advantage 2 .0800 - NZF Dividend Advantage 3 .0820 - NVG
Insured Dividend Advantage .0750 .0050 NEA Insured Tax-Free
Advantage .0700 .0020 NMZ High Income Opportunity Fund .0730
(.0050) NMD High Income Opportunity Fund 2 .0655 (.0045) NEV
Enhanced Municipal Value Fund .0800 -
California
NCP Performance Plus .0815 .0025 NCO Market Opportunity .0800 .0020
NQC Investment Quality .0830 .0040 NVC Select Quality .0860 .0050
NUC Quality Income .0875 .0035 NPC Insured Premium Income .0725 -
NCL Insured Premium Income 2 .0755 .0035 NCU Premium Income .0725 -
NAC Dividend Advantage .0770 .0025 NVX Dividend Advantage 2 .0800 -
NZH Dividend Advantage 3 .0750 - NKL Insured Dividend Advantage
.0830 .0045 NKX Insured Tax-Free Advantage .0710 .0040
New
York
NNP Performance Plus .0735 - NQN Investment Quality .0690 .0020 NVN
Select Quality .0725 .0025 NUN Quality Income .0730 .0040 NNF
Insured Premium Income .0695 .0050 NAN Dividend Advantage .0655 -
NXK Dividend Advantage 2 .0665 - NKO Insured Dividend Advantage
.0680 .0035 NRK Insured Tax-Free Advantage .0585 (.0030)
Other State
Funds
NAZ AZ Premium Income .0640 .0015 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 (.0035) NGK CT Dividend Advantage 2 .0625 (.0035) NGO CT
Dividend Advantage 3 .0575 (.0025) NPG GA Premium Income .0565
(.0025) NZX GA Dividend Advantage .0610 (.0030) NKG GA Dividend
Advantage 2 .0575 (.0025) NMY MD Premium Income .0645 .0010 NFM MD
Dividend Advantage .0650 - NZR MD Dividend Advantage 2 .0660 - NWI
MD Dividend Advantage 3 .0630 - NMT MA Premium Income .0650 -
Change From Amount Previous Month NMB MA
Dividend Advantage .0650 (.0040) NGX Insured MA Tax-Free Advantage
.0595 (.0035) NUM MI Quality Income .0740 .0040 NMP MI Premium
Income .0730 .0035 NZW MI Dividend Advantage .0670 - NOM MO Premium
Income .0650 - NQJ NJ Investment Quality .0705 .0015 NNJ NJ Premium
Income .0725 .0040 NXJ NJ Dividend Advantage .0695 - NUJ NJ
Dividend Advantage 2 .0715 - NNC NC Premium Income .0585 (.0035)
NRB NC Dividend Advantage .0660 (.0040) NNO NC Dividend Advantage 2
.0640 (.0040) NII NC Dividend Advantage 3 .0625 (.0035) NUO OH
Quality Income .0800 .0050 NXI OH Dividend Advantage .0735 - NBJ OH
Dividend Advantage 2 .0700 - NVJ OH Dividend Advantage 3 .0755 -
NQP PA Investment Quality .0780 .0025 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
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 -
Floating Rate:
Corporate Loans
NSL Senior Income Fund .0410 - JFR Floating Rate Income Fund .0635
.0020 JRO Floating Rate Income Opportunity Fund .0680 .0015 JSD
Nuveen Short Duration Credit Opportunities Fund .1135 -
Floating Rate:
Tax Advantaged
JFP Tax-Advantaged Floating Rate Fund .0100 (.0020)
Mortgage-Backed
Securities
JLS Mortgage Opportunity Term Fund .1725 - JMT Mortgage Opportunity
Term Fund 2 .1725 .0050
Taxable
Municipal
NBB Nuveen Build America Bond Fund .1170 - NBD Nuveen Build America
Bond Opportunity Fund .1260 -
The following dates apply
to today's distribution declarations for the following MTP
Shares: Record Date September 15, 2011
Ex-Dividend Date September 13, 2011 Payable
Date October 3, 2011
Ticker
MuniFund Term
Preferred
Monthly Tax-FreeDistribution
Per Share
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 .022500 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
.023333 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 Nuveen California
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 institutions, high
net worth and affluent 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 - NWQ, Nuveen Asset Management, Santa
Barbara, Symphony, Tradewinds and Winslow Capital. In total, Nuveen
Investments had $210 billion of assets under management as of June
30, 2011. For more information, please visit the Nuveen Investments
website at www.nuveen.com.
Nuveen Maryland Fund (AMEX:NWI)
Historical Stock Chart
From Jul 2024 to Aug 2024
Nuveen Maryland Fund (AMEX:NWI)
Historical Stock Chart
From Aug 2023 to Aug 2024