Nuveen Closed-End Funds Declare Monthly Distributions

Nuveen Closed-End Funds Declare Monthly Distributions

CHICAGO--(BUSINESS WIRE)-- Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 84 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

May 15, 2013

Ex-Dividend Date

May 13, 2013

Payable Date

June 3, 2013

Reinvest Date

June 3, 2013

Monthly Tax-Free Distribution Per Share

Change From

Amount

Previous Month

Ticker

Fund Name

NXP

Select Portfolio

$.0525

-

NXQ

Select Portfolio 2

.0525

-

NXR

Select Portfolio 3

.0525

-

NXC

CA Select Portfolio

.0570

-

NXN

NY Select Portfolio

.0525

-

NUV

Municipal Value

.0370

-

NUW

Municipal Value 2

.0670

-

NCA

CA Municipal Value

.0390

-

NNY

NY Municipal Value

.0330

-

NMI

Municipal Income

.0475

-

NIM

Select Maturities

.0295

-

NYV

NY Municipal Value 2

.0560

-

NCB

CA Municipal Value 2

.0650

-

NJV

NJ Municipal Value

.0520

-

NPN

PA Municipal Value

.0530

-

Leveraged Funds

National

NPI

Premium Income

.0720

-

NPP

Performance Plus

.0770

-

NMA

Advantage

.0670

-

NMO

Market Opportunity

.0645

-

NQM

Investment Quality

.0800

-

NQI

Quality Municipal

.0730

-

NQS

Select Quality

.0650

-

NQU

Quality Income

.0655

-

NIO

Municipal Opportunity

.0730

-

NPF

Premier

.0700

-

NPM

Premium Income 2

.0720

-

NPT

Premium Income 4

.0680

-

NAD

Dividend Advantage

.0730

-

NXZ

Dividend Advantage 2

.0670

-

NZF

Dividend Advantage 3

.0625

-

NVG

Dividend Advantage Municipal

.0610

-

NMZ

High Income Opportunity Fund

.0730

-

NMD

High Income Opportunity Fund 2

.0655

-

NEV

Enhanced Municipal Value Fund

.0800

-

NID

Int. Duration Municipal Term Fund

.0550

-

NIQ

Int. Duration Quality Municipal Term Fund

.0480

California

NKX

CA AMT-Free Municipal Income

.0700

-

NCP

Performance Plus

.0790

-

NCO

Market Opportunity

.0800

-

NQC

Investment Quality

.0770

-

NVC

Select Quality

.0830

-

NUC

Quality Income

.0850

-

NCU

Premium Income

.0700

-

NAC

Dividend Advantage

.0740

-

NVX

Dividend Advantage 2

.0750

-

NZH

Dividend Advantage 3

.0670

-

New York

NNP

Performance Plus

.0710

-

NAN

Dividend Advantage

.0630

-

NXK

Dividend Advantage 2

.0590

-

Other State Funds

NAZ

AZ Premium Income

.0640

-

NTC

CT Premium Income

.0570

-

NKG

GA Dividend Advantage 2

.0535

-

NMT

MA Premium Income

.0555

-

NMB

MA Dividend Advantage

.0540

-

NGX

Insured MA Tax-Free Advantage

.0480

-

NMY

MD Premium Income

.0605

-

NUM

MI Quality Income

.0740

-

NOM

MO Premium Income

.0610

-

NNC

NC Premium Income

.0503

-

NQJ

NJ Investment Quality

.0670

-

NNJ

NJ Premium Income

.0710

-

NXJ

NJ Dividend Advantage

.0550

-

NUJ

NJ Dividend Advantage 2

.0565

-

NUO

OH Quality Income

.0800

-

NQP

PA Investment Quality

.0700

-

NPY

PA Premium Income 2

.0700

-

NXM

PA Dividend Advantage

.0595

-

NVY

PA Dividend Advantage 2

.0620

-

NTX

TX Quality Income

.0580

-

NPV

VA Premium Income

.0595

-

Monthly Taxable Distribution Per Share

Change From

Amount

Previous Month

Preferred Securities

JTP

Quality Preferred Income Fund

.0500

-

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

.1690

-

Floating Rate: Corporate Loans

NSL

Senior Income Fund

.0455

-

JFR

Floating Rate Income Fund

.0760

-

JRO

Floating Rate Income Opportunity Fund

.0800

-

JSD

Short Duration Credit Opportunities Fund

.1320

-

JQC

Credit Strategies Income Fund

.0620

(.0072)

Mortgage-Backed Securities

JLS

Mortgage Opportunity Term Fund

.1725

-

JMT

Mortgage Opportunity Term Fund 2

.1725

-

Taxable Municipal

NBB

Build America Bond Fund

.1135

-

NBD

Build America Bond Opportunity Fund

.1105

-


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

Record Date

May 15, 2013

Ex-Dividend Date

May 13, 2013

Payable Date

June 1, 2013

Ticker

MuniFund Term Preferred

Monthly Tax-Free Distribution Per Share

NAD PrC

Nuveen Dividend Advantage Municipal Fund MTP

.022500

NAN PrC

Nuveen New York Dividend Advantage Municipal Fund MTP

.022500

NAN PrD

Nuveen New York Dividend Advantage Municipal Fund MTP

.020833

NCU PrC

Nuveen California Premium Income Municipal Fund MTP

.016667

NEA PrC

Nuveen AMT-Free Municipal Income Fund MTP

.023750

NGX PrC

Nuveen Massachusetts AMT-Free Municipal Income Fund MTP

.022083

NKG PrC

Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP

.022083

NKG PrD

Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP

.022083

NKG PrE

Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP

.022083

NMB PrC

Nuveen Massachusetts Dividend Advantage Municipal Fund MTP

.021667

NMT PrC

Nuveen Massachusetts Premium Income Municipal Fund MTP

.022083

NMT PrD

Nuveen Massachusetts Premium Income Municipal Fund MTP

.022917

NMY PrC

Nuveen Maryland Premium Income Municipal Fund MTP

.022083

NMY PrD

Nuveen Maryland Premium Income Municipal Fund MTP

.024167

NNC PrC

Nuveen North Carolina Premium Income Municipal Fund MTP

.022083

NNC PrD

Nuveen North Carolina Premium Income Municipal Fund MTP

.021667

NNC PrE

Nuveen North Carolina Premium Income Municipal Fund MTP

.021667

NNC PrF

Nuveen North Carolina Premium Income Municipal Fund MTP

.021667

NNC PrG

Nuveen North Carolina Premium Income Municipal Fund MTP

.022083

NOM PrC

Nuveen Missouri Premium Income Municipal Fund MTP

.017500

NPV PrA

Nuveen Virginia Premium Income Municipal Fund MTP

.018750

NPV PrC

Nuveen Virginia Premium Income Municipal Fund MTP

.022083

NRK PrC

Nuveen New York AMT-Free Municipal Income Fund MTP

.021250

NTC PrC

Nuveen Connecticut Premium Income Municipal Fund MTP

.022083

NTC PrD

Nuveen Connecticut Premium Income Municipal Fund MTP

.021250

NTC PrE

Nuveen Connecticut Premium Income Municipal Fund MTP

.021667

NTC PrF

Nuveen Connecticut Premium Income Municipal Fund MTP

.021667

NTC PrG

Nuveen Connecticut Premium Income Municipal Fund MTP

.022083

NTX PrC

Nuveen Texas Quality Income Municipal Fund MTP

.019167

NUJ PrC

Nuveen New Jersey Dividend Advantage Municipal Fund 2 MTP

.016667

NVG PrC

Nuveen Dividend Advantage Municipal Fund MTP

.024583

NVX PrA

Nuveen California Dividend Advantage Municipal Fund 2 MTP

.019583

NVX PrC

Nuveen California Dividend Advantage Municipal Fund 2 MTP

.017083

NVY PrC

Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 MTP

.017917

NXJ PrA

Nuveen New Jersey Dividend Advantage Municipal Fund MTP

.019167

NXK PrC

Nuveen New York Dividend Advantage Municipal Fund 2 MTP

.021250

NXM PrC

Nuveen Pennsylvania Dividend Advantage Municipal Fund MTP

.017500

NZF PrC

Nuveen Dividend Advantage Municipal Fund 3 MTP

.023333

NZH PrA

Nuveen California Dividend Advantage Municipal Fund 3 MTP

.019583

NZH PrB

Nuveen California Dividend Advantage Municipal Fund 3 MTP

.018750

NZH PrC

Nuveen California Dividend Advantage Municipal Fund 3 MTP

.024583

NMY PrG

Nuveen Maryland Premium Income Municipal Fund MTP

.022083

NMY PrE

Nuveen Maryland Premium Income Municipal Fund MTP

.021667

NMY PrF

Nuveen Maryland Premium Income Municipal Fund MTP

.021667

NMY PrH

Nuveen Maryland Premium Income Municipal Fund MTP

.023750

NPV PrD

Nuveen Virginia Premium Income Municipal Fund MTP

.023333

NPV PrE

Nuveen Virginia Premium Income Municipal Fund MTP

.023333

NUM PrC

Nuveen Michigan Quality Income Municipal Fund MTP

.019167

NAZ PrC

Nuveen Arizona Premium Income Municipal Fund MTP

.017083

NAZ PrD

Nuveen Arizona Premium Income Municipal Fund MTP

.024167

NUO PrC

Nuveen Ohio Quality Income Municipal Fund MTP

.019583

NUO PrD

Nuveen Ohio Quality Income Municipal Fund MTP

.024583

NUO PrA

Nuveen Ohio Quality Income Municipal Fund MTP

.019583

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 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 subsidiaries of Nuveen Investments, Inc. In total, Nuveen Investments managed approximately $224 billion as of March 31, 2013. For more information, please visit the Nuveen Investments website at