Nuveen Investments, a leading global provider of investment services to individual investors and their financial advisors, today announced distributions for three closed-end funds that invest in preferred securities. The specific distribution dates and amounts are detailed below. As previously announced, the shareholders of these funds approved the reorganization of the three funds into one larger fund.

The following dates apply to distribution declarations for the following Closed-End Funds:

Record Date       May 6, 2016      
Ex-Dividend Date May 4, 2016
Payable Date June 1, 2016
Reinvest Date June 1, 2016
 

Taxable Distribution Per Share

Ticker

Fund Name

JTP Nuveen Quality Preferred Income Fund $.0780
JHP Nuveen Quality Preferred Income Fund 3 $.0114
JPS Nuveen Quality Preferred Income Fund 2 $.0123
 

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

Following the merger, the acquiring fund, Nuveen Quality Preferred Income Fund 2, to be renamed Nuveen Preferred Securities Income Fund (JPS), is expected to declare an additional distribution, payable June 1, 2016. The total dollar amount of the pre- and post-merger taxable distributions received on June 1, 2016 will be equal to or greater than the shareholders’ prior monthly taxable 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 financial advisors who serve them. Through the expertise and capabilities of its high-caliber investment managers, the firm is committed to providing world-class consultative services and advice that align with client needs. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen Investments is an operating division of TIAA Global Asset Management. In total, Nuveen Investments managed approximately $225 billion as of December 31, 2015. For more information, please visit the Nuveen Investments website at www.nuveen.com.

15738-INV-O-04/17