Nuveen Diversified Commodity Fund Declares Monthly Distribution

Before you go, we thought you'd like these...
Before you go close icon

Nuveen Diversified Commodity Fund Declares Monthly Distribution

CHICAGO--(BUSINESS WIRE)-- Nuveen Investments, a leading global provider of investment services to institutions, as well as individual investors, today announced that the Nuveen Diversified Commodity Fund (NYSE AMEX:CFD) declared its regular monthly distribution in the amount of $ .1450 per share.

The following dates apply to the distribution for the Nuveen Diversified Commodity Fund (CFD).

Record Date  November 30, 2012    
Ex-Dividend DateNovember 28, 2012
Payable DateDecember 3, 2012
Reinvest DateDecember 3, 2012
 
Change From

Ticker

Taxable Funds

Amount

  

Previous Month

CFDDiversified Commodity Fund.1450-
 

Nuveen Commodities Asset Management, LLC ("NCAM"), a wholly-owned subsidiary of Nuveen Investments, is the manager of the fund. The fund invests primarily in a diversified portfolio of commodity futures and options contracts. The fund is an actively-managed, exchange-traded commodity pool. The fund is not a mutual fund, a closed-end fund, or any other type of "investment company" within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

The fund intends to make regular monthly distributions to its shareholders based on its past and projected performance. Among other factors, the fund will seek to establish a distribution rate that roughly corresponds to NCAM's projections of the total return that could reasonably be expected to be generated by the fund over an extended period of time. Investors should not draw any conclusions about a fund's past or future investment performance from its current distribution rate. As market conditions and portfolio performance may change, the rate of distributions on the shares and the fund's distribution policy could change.

Because the fund expects to be classified as a partnership for tax purposes, shareholders will be allocated their pro-rata share of the fund's income, gains, losses, deductions and credits for purposes of computing their tax liability. Fund shareholders will receive a Schedule K-1 which reports their allocable portion of such tax items.

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, Symphony Asset Management, NWQ Investment Management Company, Santa Barbara Asset Management, Tradewinds Global Investors, Winslow Capital Management, and Gresham Investment Management. In total, Nuveen Investments managed approximately $212 billion as of June 30, 2012. For more information, please visit the Nuveen Investments website at www.nuveen.com.



Nuveen Investments
Media Contact:
Kristyna Munoz, (312) 917-8343
kristyna.munoz@nuveen.com

KEYWORDS:   United States  North America  Illinois

INDUSTRY KEYWORDS:

The article Nuveen Diversified Commodity Fund Declares Monthly Distribution originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners