Newly Merged Nuveen Closed-End Fund Declares Post-Merger Distribution

Newly Merged Nuveen Closed-End Fund Declares Post-Merger Distribution

Declaration Ensures Shareholders Receive Full Tax-Exempt Distribution Amount

CHICAGO--(BUSINESS WIRE)-- Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the Nuveen Municipal High Income Opportunity Fund (NYS: NMZ) has declared an additional, post-merger distribution. This distribution follows the recently announced merger, which was successfully completed before the market open on July 15, 2013. The following dates apply to NMZ's common share distribution:

Record Date 7/25/2013 
Ex-Dividend Date7/23/2013
Payable Date9/3/2013
Reinvest Date9/3/2013Distribution Per Share
Tax Exempt


Closed-End Fund

NMZNuveen Municipal High Income Opportunity Fund0.0551

The purpose of this additional distribution is to ensure that shareholders will not experience a reduced monthly tax-exempt distribution amount. When combined with the pre-merger distribution, declared July 1, 2013 payable September 3, 2013, all shareholders from funds participating in the merger will receive a total dollar amount payable September 3, 2013 equal to or greater than the tax-exempt income declared by their original fund in the month prior to the merger. To view the pre-merger dividend declaration, please click here.

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.*

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. Funds distributed by Nuveen Securities, LLC., a subsidiary 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

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

Nuveen Investments
Media Contact:
Kristyna Munoz
(312) 917-8343

KEYWORDS:   United States  North America  Illinois


The article Newly Merged Nuveen Closed-End Fund Declares Post-Merger Distribution originally appeared on

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 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story