CHICAGO--(BUSINESS WIRE)--Before the table, the Ex-Dividend Date should read December 12, 2007 (sted December 13, 2007).
The corrected release reads:
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Nuveen Closed-End Funds Declare Monthly Distributions
Nuveen Investments, a leading provider of diversified investment services, today declared regular monthly distributions for 105 closed-end funds and portfolios. 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 declared below.
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 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.
Distributions from Nuveen's taxable closed-end funds are generally subject to Federal income taxes. Additionally, smaller portions of the monthly distribution for the Nuveen Quality Preferred Income Fund (JTP), Nuveen Quality Preferred Income Fund 2 (JPS) and Nuveen Quality Preferred Income Fund 3 (JHP) may later be characterized as capital gains and/or a return of capital depending on the character of distributions reported to these funds after year-end by real estate investment trusts (REITs) whose securities are held by the fund.
The following dates apply to today’s distribution declarations:
Record Date December 15, 2007
Ex-Dividend Date December 12, 2007
Payable Date December 31, 2007
Monthly Tax-Free Distribution Per Share-Change From Amount Previous Month
Ticker Closed-End Portfolios
NXP Select Portfolio $.0570 -
NXQ Select Portfolio 2 .0530 -
NXR Select Portfolio 3 .0535 -
NXC CA Select Portfolio .0530 -
NXN NY Select Portfolio .0510 -
Closed-End Funds:
Non-Leveraged Funds
NUV Municipal Value .0390 -
NCA CA Municipal Value .0365 -
NNY NY Municipal Value .0355 -
NMI Municipal Income .0420 -
NIM Select Maturities .0365 -
Leveraged Funds
National
NPI Premium Income .0590 -
NPP Performance Plus .0575 -
NMA Advantage .0640 -
NMO Market Opportunity .0605 -
NQM Investment Quality .0645 -
NQI Insured Quality .0605 -
NQS Select Quality .0670 -
NQU Quality Income .0605 -
NIO Insured Opportunity .0580 -
NPF Premier .0560 -
NIF Premier Insured .0530 -
NPM Premium Income 2 .0575 -
NPT Premium Income 4 .0485 -
NPX Insured Premium 2 .0515 -
NAD Dividend Advantage .0635 -
NXZ Dividend Advantage 2 .0730 -
NZF Dividend Advantage 3 .0640 -
NVG Insured Dividend Advantage .0575 -
NEA Insured Tax-Free Advantage .0590 -
NMZ High Income Opportunity Fund .0815 -
Monthly Tax-Free Distribution Per Share
Change From
Amount Previous Month
California
NCP Performance Plus .0565 -
NCO Market Opportunity .0575 -
NQC Investment Quality .0585 -
NVC Select Quality .0580 -
NUC Quality Income .0595 -
NPC Insured Premium Income .0605 -
NCL Insured Premium Income 2 .0530 -
NCU Premium Income .0535 -
NAC Dividend Advantage .0615 -
NVX Dividend Advantage 2 .0575 -
NZH Dividend Advantage 3 .0590 -
NKL Insured Dividend Advantage .0595 -
NKX Insured Tax-Free Advantage .0590 -
Florida
NQF Investment Quality .0540 -
NUF Quality Income .0550 -
NFL Insured Premium Income .0575 -
NWF Insured Tax-Free Advantage .0515 -
New York
NNP Performance Plus .0610 -
NQN Investment Quality .0520 -
NVN Select Quality .0530 -
NUN Quality Income .0510 -
NNF Insured Premium Income .0505 -
NAN Dividend Advantage .0595 -
NXK Dividend Advantage 2 .0570 -
NKO Insured Dividend Advantage .0550 -
NRK Insured Tax-Free Advantage .0545 -
Other State Funds
NAZ AZ Premium Income .0510 -
NFZ AZ Dividend Advantage .0525 -
NKR AZ Dividend Advantage 2 .0585 -
NXE AZ Dividend Advantage 3 .0545 -
NTC CT Premium Income .0520 -
NFC CT Dividend Advantage .0555 -
NGK CT Dividend Advantage 2 .0550 -
NGO CT Dividend Advantage 3 .0505 -
NPG GA Premium Income .0500 -
NZX GA Dividend Advantage .0540 -
NKG GA Dividend Advantage 2 .0545 -
NMY MD Premium Income .0495 -
NFM MD Dividend Advantage .0585 -
NZR MD Dividend Advantage 2 .0585 -
NWI MD Dividend Advantage 3 .0525 -
NMT MA Premium Income .0515 -
NMB MA Dividend Advantage .0565 -
NGX Insured MA Tax-Free Advantage .0545 -
NUM MI Quality Income .0555 -
NMP MI Premium Income .0550 -
NZW MI Dividend Advantage .0585 -
NOM MO Premium Income .0545 -
NQJ NJ Investment Quality .0545 -
NNJ NJ Premium Income .0545 -
NXJ NJ Dividend Advantage .0550 -
NUJ NJ Dividend Advantage 2 .0575 -
NNC NC Premium Income .0490 -
NRB NC Dividend Advantage .0570 -
NNO NC Dividend Advantage 2 .0515 -
NII NC Dividend Advantage 3 .0545 -
NUO OH Quality Income .0550 -
NXI OH Dividend Advantage .0540 -
NBJ OH Dividend Advantage 2 .0530 -
NVJ OH Dividend Advantage 3 .0555 -
NQP PA Investment Quality .0550 -
NPY PA Premium Income 2 .0495 -
NXM PA Dividend Advantage .0570 -
NVY PA Dividend Advantage 2 .0575 -
NTX TX Quality Income .0570 -
NPV VA Premium Income .0530 -
NGB VA Dividend Advantage .0565 -
NNB VA Dividend Advantage 2 .0595 -
Monthly Taxable Distribution Per Share-Change From Amount Previous Month
Ticker Closed-End Funds:
Preferred Securities
JTP Quality Preferred Income Fund .0810 -
JPS Quality Preferred Income Fund 2 .0860 -
JHP Quality Preferred Income Fund 3 .0835 -
Floating Rate Debt:
NSL Senior Income Fund .0580 (.0035)
JFR Floating Rate Income Fund .0970 (.0035)
JRO Floating Rate Income Opportunity Fund .1020 (.0025)
JFP Tax-Advantaged Floating Rate Fund .0860 -
Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutions and high-net-worth investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of NWQ, Santa Barbara, Tradewinds, Rittenhouse, Symphony and Nuveen, including the Nuveen HydePark Group. In total, the Company managed $170 billion in assets as of September 30, 2007. For more information, please visit the Nuveen Investments website at
www.nuveen.com.
Contact:
Nuveen Investments
Kathleen Cardoza
312-917-7813
kathleen.cardoza@nuveen.com
or
Maria Schwieder
312-917-8343
maria.schwieder@nuveen.com
Nuveen Closed-End Funds Declare Monthly Distributions
Linear Mode
