Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 75 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         December 15, 2014
Ex-Dividend Date December 11, 2014
Payable Date December 31, 2014
Reinvest Date December 31, 2014
Monthly TAX--FREE Distribution

Per Share

    Change From
TAX-FREE FUNDS Amount     Previous Month



Fund Name

NXP NYSE Select Portfolio $.0485 -0.0040
NXQ NYSE Select Portfolio 2 $.0460 -0.0025
NXR NYSE Select Portfolio 3 $.0490 -0.0015
NUV NYSE Municipal Value $.0345 -
NUW NYSE Municipal Value 2 $.0650 -0.0020
NMI NYSE Municipal Income $.0425 -
NIM NYSE Select Maturities $.0285 -

Leveraged Funds



NPI NYSE Premium Income $.0685 -
NPP NYSE Performance Plus $.0770 -
NMA NYSE Advantage $.0670 -
NMO NYSE Market Opportunity $.0670 -
NQI NYSE Quality Municipal $.0550 -
NQS NYSE Select Quality $.0665 -
NQU NYSE Quality Income $.0685 -
NIO NYSE Municipal Opportunity $.0730 -
NPF NYSE Premier $.0720 -
NPM NYSE Premium Income 2 $.0720 -
NPT NYSE Premium Income 4 $.0680 -
NAD NYSE Dividend Advantage $.0740 -
NEA NYSE AMT-Free Municipal Income $.0685 -
NXZ NYSE Dividend Advantage 2 $.0715 -
NZF NYSE MKT Dividend Advantage 3 $.0625 -
NVG NYSE MKT Dividend Advantage Municipal $.0610 -
NMZ NYSE MKT High Income Opportunity Fund $.0760 -
NEV NYSE Enhanced Municipal Value Fund $.0800 -
NID NYSE Int. Duration Municipal Term Fund $.0570 -
NIQ NYSE Int. Duration Quality Municipal Term Fund $.0495 -
NQM NYSE Investment Quality $.0820 -


NAC NYSE Dividend Advantage $.0800 -
NKX NYSE CA AMT-Free Municipal Income $.0720 0.0020
NCA NYSE CA Municipal Value $.0390 -
NVX NYSE MKT Dividend Advantage 2 $.0700 -
NZH NYSE MKT Dividend Advantage 3 $.0670 -
NXC NYSE CA Select Portfolio $.0570 -
NCB NYSE MKT CA Municipal Value 2 $.0650 -

New York

NRK NYSE AMT-Free Municipal Income $.0610 -0.0040
NNP NYSE Performance Plus $.0710 -
NAN NYSE Dividend Advantage $.0630 -
NXK NYSE MKT Dividend Advantage 2 $.0550 -
NXN NYSE NY Select Portfolio $.0460 -
NNY NYSE NY Municipal Value $.0325 -
NYV NYSE MKT NY Municipal Value 2 $.0525 -

Other State Funds

NAZ NYSE AZ Premium Income $.0665 -
NTC NYSE CT Premium Income $.0570 -
NKG NYSE GA Dividend Advantage 2 $.0535 -
NMT NYSE MA Premium Income $.0575 0.0020
NMY NYSE MD Premium Income $.0555 -
NUM NYSE MI Quality Income $.0675 -0.0030
NMS NYSE MN Municipal Income Fund $.0690 -
NOM NYSE MKT MO Premium Income $.0610 -
NNC NYSE NC Premium Income $.0505 -0.0025
NJV NYSE MKT NJ Municipal Value $.0500 -
NUO NYSE OH Quality Income $.0740 -
NQP NYSE PA Investment Quality $.0690 -
NPN NYSE MKT PA Municipal Value $.0520 -0.0010
NTX NYSE TX Quality Income $.0545 -
NPV NYSE VA Premium Income $.0610 -0.0030


Monthly TAXABLE Distribution

Per Share


Change From


Amount     Previous Month

Preferred Securities

JTP NYSE Quality Preferred Income Fund $.0530 .0010
JPS NYSE Quality Preferred Income Fund 2 $.0560 .0010
JHP NYSE Quality Preferred Income Fund 3 $.0535 .0015
JPC NYSE Preferred Income Opportunities Fund $.0633 -
JPI NYSE Preferred and Income Term Fund $.1580 -
JPW NYSE Nuveen Flexible Investment Income Fund $.1260 -

Floating Rate: Corporate Loans

NSL NYSE Senior Income Fund $.0350 -
JFR NYSE Floating Rate Income Fund $.0600 -
JRO NYSE Floating Rate Income Opportunity Fund $.0630 -
JSD NYSE Short Duration Credit Opportunities Fund $.0970 -
JQC NYSE Credit Strategies Income Fund $.0435 -

Mortgage-Backed Securities

JLS NYSE Mortgage Opportunity Term Fund $.1265 -
JMT NYSE Mortgage Opportunity Term Fund 2 $.1275 -
JMM NYSE Multi-Market Income Fund $.0400 -

Taxable Municipal

NBB NYSE Build America Bond Fund $.1160 -
NBD NYSE Build America Bond Opportunity Fund $.1140 -

Real Assets

JRI NYSE Real Asset Income and Growth $.1345 -
DRA NYSE Diversified Real Asset Income Fund $.1085 -

The following dates apply to today's distribution declarations for the following MTP Shares:

Record Date     December 15, 2014
Ex-Dividend Date December 11, 2014
Payable Date December 31, 2014


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
NXJ PrC Nuveen New Jersey Dividend Advantage Municipal 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

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 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 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

* Nuveen does not provide tax advice; consult a professional tax advisor regarding your specific tax situation.