Nuveen ClosedEnd Funds Declare Monthly Distributions
Post on: 14 Июль, 2015 No Comment
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 77 Nuveen closed-end funds declared regular monthly distributions and two closed-end funds declared regular quarterly 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:
The following dates apply to today’s distribution declarations for the following MTP Shares:
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.*
www.nuveen.com/Home/Documents/Default.aspx?fileId=64342.
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. Each January, updated tax characteristics for affected funds are posted to the Nuveen 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 approximately $229 billion as of September 30, 2014. For more information, please visit the Nuveen Investments website at www.nuveen.com.
* Nuveen does not provide tax advice; consult a professional tax advisor regarding your specific tax situation.
5876-INV-002/16
Media Contact:
Kristyna Munoz, (312) 917-8343
kristyna.munoz@nuveen.com