NPI Nuveen Premium Income Municipal Fund, Inc.

Nuveen, an operating division of TIAA Global Asset Management, today announced distributions for nine national municipal closed-end funds. The specific distribution dates and amounts are detailed below. As previously announced, the shareholders of these funds approved the reorganization of the funds into two larger funds.

The following dates apply to distribution declarations for the following Funds:

Record Date   September 9, 2016     Ex-Dividend Date September 7, 2016 Payable Date October 3, 2016 Reinvest Date October 3, 2016               Per Share Distribution Amount     Tax-Exempt     Ordinary Ticker     Fund Name     Income     Income NPF Nuveen Premier Municipal Income Fund, Inc. $0.0110 NPI Nuveen Premium Income Municipal Fund, Inc. $0.0359 $0.0028 NQS Nuveen Select Quality Municipal Fund, Inc. $0.0081 NQM Nuveen Investment Quality Municipal Fund, Inc. $0.0450 NMO Nuveen Municipal Market Opportunity Fund, Inc. $0.0143 NPM Nuveen Premium Income Municipal Fund 2, Inc. $0.0270 NPP Nuveen Performance Plus Municipal Fund, Inc. $0.0945 $0.0018 NAD Nuveen Dividend Advantage Municipal Fund $0.0177 NEA     Nuveen AMT-Free Municipal Income Fund     $0.0165        

Regulations require that acquired funds in any reorganization fully distribute any accumulated undistributed net investment income (UNII) prior to the reorganization going effective.

Following the merger, the acquiring funds, NEA and NAD, are expected to declare additional post-merger distributions, payable October 3, 2016. The total dollar amount of the pre- and post-merger tax-exempt* distributions received on October 3, 2016 will be equal to or greater than the shareholder’s prior monthly tax-exempt dividend.

For more information about UNII, each fund, and the shareholder-approved reorganization, please visit http://www.nuveen.com/CEF.

Nuveen provides investment solutions designed to help secure the long-term goals of individual investors and the advisors who serve them. Through the investment expertise of leading asset managers across traditional and alternative asset classes, Nuveen is committed to delivering consultative guidance that aligns with client needs. Funds are distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen is an operating division of TIAA Global Asset Management. For more information, please visit the Nuveen website at www.nuveen.com.

The information contained on the Nuveen website is not a part of this press release.

*Income may be subject to state and local income taxes and the alternative minimum tax. Capital gains, if any, will be subject to capital gains tax.

FORWARD LOOKING STATEMENTS

Certain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:

  •   market developments; • legal and regulatory developments; and • other additional risks and uncertainties.

Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statement.

18935-INV-O-08/17

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NuveenMedia Contact:Kristyna Munoz(312) 917-8343kristyna.munoz@nuveen.com