Nuveen Closed-End Funds Declare Monthly Distributions
November 03 2014 - 4:30PM
Business Wire
Nuveen Investments, a leading global provider of investment
services to institutions as well as individual investors, today
announced that 73 Nuveen closed-end funds 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.
The following dates apply to today's distribution
declarations for the following Closed-End Funds:
Record Date November 14, 2014 Ex-Dividend
Date November 12, 2014 Payable Date December
1, 2014 Reinvest Date December 1, 2014
Monthly Tax-Free Distribution Per Share
Change From
Ticker
Fund
Name
Amount Previous Month
NXP
Select Portfolio $.0525 - NXQ Select Portfolio 2 $.0485 - NXR
Select Portfolio 3 $.0505 - NUV Municipal Value $.0345 - NUW
Municipal Value 2 $.0670 - NMI Municipal Income $.0425 - NIM Select
Maturities $.0285 -
Leveraged
Funds
National
NPI Premium Income $.0685 - NPP Performance Plus $.0770 - NMA
Advantage $.0670 - NMO Market Opportunity $.0670 - NQI Quality
Municipal $.0550 - NQS Select Quality $.0665 - NQU Quality Income
$.0685 - NIO Municipal Opportunity $.0730 - NPF Premier $.0720 -
NPM Premium Income 2 $.0720 - NPT Premium Income 4 $.0680 - NAD
Dividend Advantage $.0740 - NEA AMT-Free Municipal Income $.0685 -
NXZ Dividend Advantage 2 $.0715 - NZF Dividend Advantage 3 $.0625 -
NVG Dividend Advantage Municipal $.0610 - NMZ High Income
Opportunity Fund $.0760 - NEV Enhanced Municipal Value Fund $.0800
- NID Int. Duration Municipal Term Fund $.0570 - NIQ Int. Duration
Quality Municipal Term Fund $.0495 -
California
NAC Dividend Advantage $.0800 - NKX CA AMT-Free Municipal Income
$.0700 - NCA CA Municipal Value $.0390 - NVX Dividend Advantage 2
$.0700 - NZH Dividend Advantage 3 $.0670 - NXC CA Select Portfolio
$.0570 - NCB CA Municipal Value 2 $.0650 -
New
York
NRK AMT-Free Municipal Income $.0650 - NNP Performance Plus $.0710
- NAN Dividend Advantage $.0630 - NXK Dividend Advantage 2 $.0550 -
NXN NY Select Portfolio $.0460 - NNY NY Municipal Value $.0325 -
NYV NY Municipal Value 2 $.0525 -
Other State
Funds
NAZ AZ Premium Income $.0665 - NTC CT Premium Income $.0570 - NKG
GA Dividend Advantage 2 $.0535 - NMT MA Premium Income $.0555 - NMY
MD Premium Income $.0555 - NUM MI Quality Income $.0705 - NOM MO
Premium Income $.0610 - NNC NC Premium Income $.0530 - NJV NJ
Municipal Value $.0500 - NUO OH Quality Income $.0740 - NQP PA
Investment Quality $.0690 - NPN PA Municipal Value $.0530 - NTX TX
Quality Income $.0545 - NPV VA Premium Income $.0640 -
Monthly Taxable Distribution Per Share
Closed-End
Funds:
Change From
Ticker
Taxable
Funds
Amount Previous Month
Preferred
Securities
JTP Quality Preferred Income Fund $.0520 - JPS Quality Preferred
Income Fund 2 $.0550 - JHP Quality Preferred Income Fund 3 $.0520 -
JPC Preferred Income Opportunities Fund $.0633 - JPI Preferred and
Income Term Fund $.1580 - JPW Nuveen Flexible Investment Income
Fund $.1260 -
Floating Rate:
Corporate Loans
NSL Senior Income Fund $.0350 - JFR Floating Rate Income Fund
$.0600 - JRO Floating Rate Income Opportunity Fund $.0630 - JSD
Short Duration Credit Opportunities Fund $.0970 - JQC Credit
Strategies Income Fund $.0435 -
Mortgage-Backed
Securities
JLS Mortgage Opportunity Term Fund $.1265 - JMT Mortgage
Opportunity Term Fund 2 $.1275 - JMM Multi-Market Income Fund
$.0400 -
Taxable
Municipal
NBB Build America Bond Fund $.1160 - NBD Build America Bond
Opportunity Fund $.1140 -
Real
Assets
JRI Real Asset Income and Growth $.1345 - DRA Diversified Real
Asset Income Fund $.1085 -
The following dates apply to today's distribution
declarations for the following MTP Shares:
Record Date November 14, 2014
Ex-Dividend Date November 12, 2014 Payable
Date December 1, 2014
Ticker
MuniFund Term
Preferred
Monthly Tax-Free
Distribution Per Share
NOM PrC Nuveen Missouri Premium Income Municipal Fund MTP .017500
NTX PrC Nuveen Texas Quality Income Municipal Fund MTP .019167 NKX
PrC Nuveen California AMT-Free Municipal Income 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 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.
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 are 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 $231 billion as of June 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.
Nuveen InvestmentsMedia Contact:Kristyna Munoz(312)
917-8343kristyna.munoz@nuveen.com
Nuveen Premium Income Municipal Fund II, Inc. (NYSE:NPM)
Historical Stock Chart
From Jul 2024 to Aug 2024
Nuveen Premium Income Municipal Fund II, Inc. (NYSE:NPM)
Historical Stock Chart
From Aug 2023 to Aug 2024