Nuveen Closed-End Funds Declare Monthly Distributions
Posted on September 01, 2011 at 17:47 PM EDT

Nuveen Investments, a leading global provider of investment services to institutions, high-net-worth and affluent investors, today announced that 113 Nuveen closed-end funds had 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.

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.

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.

The following dates apply to today's distribution declarations for the following Closed-End Funds:
Record DateSeptember 15, 2011
Ex-Dividend DateSeptember 13, 2011
Payable DateOctober 3, 2011
Reinvest DateOctober 3, 2011

Monthly Tax-Free
Distribution Per Share

Change From
AmountPrevious Month

Ticker

Closed-End Portfolios

NXP Select Portfolio $.0595 -
NXQ Select Portfolio 2 .0525 -
NXR Select Portfolio 3 .0535 -
NXC CA Select Portfolio .0570 -
NXN NY Select Portfolio .0530 -

Closed-End Funds

Non-Leveraged Funds

NUV Municipal Value .0390 -
NUW Municipal Value 2 .0750 -
NCA CA Municipal Value .0380 -
NNY NY Municipal Value .0355 -
NMI Municipal Income .0475 -
NIMF Select Maturities .0340 -
NYV NY Municipal Value 2 .0560 (.0045)
NCB CA Municipal Value 2 .0665 -
NJV NJ Municipal Value .0640 -
NPN PA Municipal Value .0615 (.0015)

Leveraged Funds

National

NPI Premium Income .0765 -
NPP Performance Plus .0800 .0015
NMA Advantage .0825 -
NMO Market Opportunity .0775 (.0040)
NQM Investment Quality .0840 .0015
NQI Insured Quality .0750 -
NQS Select Quality .0860 -
NQU Quality Income .0790 -
NIO Insured Opportunity .0730 .0010
NPF Premier .0785 .0020
NIF Premier Insured .0755 .0015
NPM Premium Income 2 .0795 .0015
NPT Premium Income 4 .0710 -
Change From
AmountPrevious Month
NPX Insured Premium 2 .0620 -
NAD Dividend Advantage .0760 -
NXZ Dividend Advantage 2 .0800 -
NZF Dividend Advantage 3 .0820 -
NVG Insured Dividend Advantage .0750 .0050
NEA Insured Tax-Free Advantage .0700 .0020
NMZ High Income Opportunity Fund .0730 (.0050)
NMD High Income Opportunity Fund 2 .0655 (.0045)
NEV Enhanced Municipal Value Fund .0800 -

California

NCP Performance Plus .0815 .0025
NCO Market Opportunity .0800 .0020
NQC Investment Quality .0830 .0040
NVC Select Quality .0860 .0050
NUC Quality Income .0875 .0035
NPC Insured Premium Income .0725 -
NCL Insured Premium Income 2 .0755 .0035
NCU Premium Income .0725 -
NAC Dividend Advantage .0770 .0025
NVX Dividend Advantage 2 .0800 -
NZH Dividend Advantage 3 .0750 -
NKL Insured Dividend Advantage .0830 .0045
NKX Insured Tax-Free Advantage .0710 .0040

New York

NNP Performance Plus .0735 -
NQN Investment Quality .0690 .0020
NVN Select Quality .0725 .0025
NUN Quality Income .0730 .0040
NNF Insured Premium Income .0695 .0050
NAN Dividend Advantage .0655 -
NXK Dividend Advantage 2 .0665 -
NKO Insured Dividend Advantage .0680 .0035
NRK Insured Tax-Free Advantage .0585 (.0030)

Other State Funds

NAZ AZ Premium Income .0640 .0015
NFZ AZ Dividend Advantage .0645 -
NKR AZ Dividend Advantage 2 .0670 -
NXE AZ Dividend Advantage 3 .0630 -
NTC CT Premium Income .0590 -
NFC CT Dividend Advantage .0605 (.0035)
NGK CT Dividend Advantage 2 .0625 (.0035)
NGO CT Dividend Advantage 3 .0575 (.0025)
NPG GA Premium Income .0565 (.0025)
NZX GA Dividend Advantage .0610 (.0030)
NKG GA Dividend Advantage 2 .0575 (.0025)
NMY MD Premium Income .0645 .0010
NFM MD Dividend Advantage .0650 -
NZR MD Dividend Advantage 2 .0660 -
NWI MD Dividend Advantage 3 .0630 -
NMT MA Premium Income .0650 -
Change From
AmountPrevious Month
NMB MA Dividend Advantage .0650 (.0040)
NGX Insured MA Tax-Free Advantage .0595 (.0035)
NUM MI Quality Income .0740 .0040
NMP MI Premium Income .0730 .0035
NZW MI Dividend Advantage .0670 -
NOM MO Premium Income .0650 -
NQJ NJ Investment Quality .0705 .0015
NNJ NJ Premium Income .0725 .0040
NXJ NJ Dividend Advantage .0695 -
NUJ NJ Dividend Advantage 2 .0715 -
NNC NC Premium Income .0585 (.0035)
NRB NC Dividend Advantage .0660 (.0040)
NNO NC Dividend Advantage 2 .0640 (.0040)
NII NC Dividend Advantage 3 .0625 (.0035)
NUO OH Quality Income .0800 .0050
NXI OH Dividend Advantage .0735 -
NBJ OH Dividend Advantage 2 .0700 -
NVJ OH Dividend Advantage 3 .0755 -
NQP PA Investment Quality .0780 .0025
NPY PA Premium Income 2 .0700 -
NXM PA Dividend Advantage .0725 -
NVY PA Dividend Advantage 2 .0745 -
NTX TX Quality Income .0715 -
NPV VA Premium Income .0670 -
NGB VA Dividend Advantage .0640 -
NNB VA Dividend Advantage 2 .0660 -
Monthly Taxable Distribution Per Share

Closed-End Funds:

Change From

Ticker

Taxable Funds

AmountPrevious Month

Preferred Securities

JTP Quality Preferred Income Fund .0500 -
JPS Quality Preferred Income Fund 2 .0550 -
JHP Quality Preferred Income Fund 3 .0520 -

Floating Rate: Corporate Loans

NSL Senior Income Fund .0410 -
JFR Floating Rate Income Fund .0635 .0020
JRO Floating Rate Income Opportunity Fund .0680 .0015
JSD Nuveen Short Duration Credit Opportunities Fund .1135 -

Floating Rate: Tax Advantaged

JFP Tax-Advantaged Floating Rate Fund .0100 (.0020)

Mortgage-Backed Securities

JLS Mortgage Opportunity Term Fund .1725 -
JMT Mortgage Opportunity Term Fund 2 .1725 .0050

Taxable Municipal

NBB Nuveen Build America Bond Fund .1170 -
NBD Nuveen Build America Bond Opportunity Fund .1260 -
The following dates apply to today's distribution declarations for the following MTP Shares:
Record DateSeptember 15, 2011
Ex-Dividend DateSeptember 13, 2011
Payable DateOctober 3, 2011

Ticker

MuniFund Term Preferred

Monthly Tax-Free
Distribution
Per Share

NVG PrC Nuveen Insured Dividend Advantage Municipal Fund MTP .024583
NGB PrC Nuveen Virginia Dividend Advantage Municipal Fund MTP .023333
NNB PrC Nuveen Virginia Dividend Advantage Municipal Fund 2 MTP .023333
NAN PrC Nuveen New York Dividend Advantage Municipal Fund MTP .022500
NZH PrC Nuveen California Dividend Advantage Municipal Fund 3 MTP .024583
NEA PrC Nuveen Insured Tax-Free Advantage Municipal Fund MTP .023750
NKG PrC Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP .022083
NMT PrC Nuveen Massachusetts Premium Income Municipal Fund MTP .022083
NMY PrC Nuveen Maryland Premium Income Municipal Fund MTP .022083
NNC PrC Nuveen North Carolina Premium Income Municipal Fund MTP .022083
NPV PrC Nuveen Virginia Premium Income Municipal Fund MTP .022083
NTC PrC Nuveen Connecticut Premium Income Municipal Fund MTP .022083
NII PrC Nuveen North Carolina Dividend Advantage Municipal Fund 3 MTP .022083
NGO PrC Nuveen Connecticut Dividend Advantage Municipal Fund 3 MTP .022083
NGX PrC Nuveen Insured Mass. Tax-Free Advantage Municipal Fund MTP .022083
NPG PrC Nuveen Georgia Premium Income Municipal Fund MTP .022083
NZX PrC Nuveen Georgia Dividend Advantage Municipal Fund MTP .022083
NWI PrC Nuveen Maryland Dividend Advantage Municipal Fund 3 MTP .022083
NAD PrC Nuveen Dividend Advantage Municipal Fund MTP .022500
NMB PrC Nuveen Massachusetts Dividend Advantage Municipal Fund MTP .021667
NRB PrC Nuveen North Carolina Dividend Advantage Municipal Fund MTP .021667
NNO PrC Nuveen North Carolina Dividend Advantage Municipal Fund 2 MTP .021667
NFC PrC Nuveen Connecticut Dividend Advantage Municipal Fund MTP .021667
NGK PrC Nuveen Connecticut Dividend Advantage Municipal Fund 2 MTP .021667
NXK PrC Nuveen New York Dividend Advantage Municipal Fund 2 MTP .021250
NRK PrC Nuveen Insured New York Tax Free Advantage Municipal Fund MTP .021250
NFM PrC Nuveen Maryland Dividend Advantage Municipal Fund MTP .021667
NZR PrC Nuveen Maryland Dividend Advantage Municipal Fund 2 MTP .021667
NCU PrC Nuveen California Premium Income Municipal Fund MTP .016667
NUJ PrC Nuveen New Jersey Dividend Advantage Municipal Fund 2 MTP .016667
NXM PrC Nuveen Pennsylvania Dividend Advantage Municipal Fund MTP .017500
NKR PrC Nuveen Arizona Dividend Advantage Municipal Fund 2 MTP .017083
NFZ PrC Nuveen Arizona Dividend Advantage Municipal Fund MTP .017083
NVX PrC Nuveen California Dividend Advantage Municipal Fund 2 MTP .017083
NVY PrC Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 MTP .017917
NTX PrC Nuveen Texas Quality Income Municipal Fund MTP .019167
NOM PrC Nuveen Missouri Premium Income Municipal Fund MTP .017500
NZW PrC Nuveen Michigan Dividend Advantage Municipal Fund MTP .019167
NXI PrC Nuveen Ohio Dividend Advantage Municipal Fund MTP .019583
NAN PrD Nuveen New York Dividend Advantage Municipal Fund MTP .020833
NNC PrD Nuveen North Carolina Premium Income Municipal Fund MTP .021667
NTC PrD Nuveen Connecticut Premium Income Municipal Fund MTP .021250
NZF PrC Nuveen Dividend Advantage Municipal Fund 3 MTP .023333
NMT PrD Nuveen Massachusetts Premium Income Municipal Fund MTP .022917
NWI PrD Nuveen Maryland Dividend Advantage Municipal Fund 3 MTP .023750
NXE PrC Nuveen Arizona Dividend Advantage Municipal Fund 3 MTP .024167
NPV PrA Nuveen Virginia Premium Income Municipal Fund MTP .018750
NMY PrD Nuveen Maryland Premium Income Municipal Fund MTP .024167
NXI PrD Nuveen Ohio Dividend Advantage Municipal Fund MTP .024583
NXJ PrA Nuveen New Jersey Dividend Advantage Municipal Fund MTP .019167
NVX PrA Nuveen California Dividend Advantage Municipal Fund 2 MTP .019583
NBJ PrA Nuveen Ohio Dividend Advantage Municipal Fund 2 MTP .019583
NZH PrA Nuveen California Dividend Advantage Municipal Fund 3 MTP .019583
NVJ PrA Nuveen Ohio Dividend Advantage Municipal Fund 3 MTP .019583
NZH PrB Nuveen California Dividend Advantage Municipal Fund 3 MTP .018750

Nuveen Investments provides high quality investment services designed to help secure the long-term goals of institutions, high net worth and affluent 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 - NWQ, Nuveen Asset Management, Santa Barbara, Symphony, Tradewinds and Winslow Capital. In total, Nuveen Investments had $210 billion of assets under management as of June 30, 2011. For more information, please visit the Nuveen Investments website at www.nuveen.com.

Contacts:

Nuveen Investments
Media Contact:
Kristyna Sujata
(312) 917-8343
kristyna.sujata@nuveen.com
or
Investors Contact:
(877) 622-7530
Related Stocks:
Nuveen AMT-Free Municipal Valu Nuveen AMT-Free Municipal, Inc. Nuveen Arizona Dividend Advantage Municipal Fund Nuveen Arizona Dividend Advantage Municipal Fund 2 Nuveen Arizona Dividend Advantage Municipal Funds 3 Nuveen Arizona Premium Income Municipal Fund, Inc. Nuveen Build America Bond Fund Nuveen Build America Bond Opportunity Fund Nuveen California AMT-Free Mun Nuveen California Dividend Advantage Municipal Fund Nuveen California Dividend Advantage Municipal Fund 2 Nuveen California Dividend Advantage Municipal Fund 3 Nuveen California Investment Quality Municipal Fund, Inc. Nuveen California Municipal Market Opportunity Fund, Inc. Nuveen California Municipal Value Fund 2 Nuveen California Municipal Value Fund, Inc. Nuveen California Performance Plus Municipal Fund, Inc. Nuveen California Premium Income Municipal Fund Nuveen California Quality Income Municipal Fund, Inc. Nuveen California Select Quality Municipal Fund, Inc. Nuveen California Select Tax-Free Income Portfolio Nuveen Connecticut Premium Income Municipal Fund Nuveen Dividend Advantage Muni Nuveen Dividend Advantage Municipal Fund Nuveen Dividend Advantage Municipal Fund 2 Nuveen Dividend Advantage Municipal Fund 3 Nuveen Enhanced Municipal Value Fund Nuveen Floating Rate Income Fund Nuveen Floating Rate Income Opportunity Fund Nuveen Georgia Dividend Advantage Municipal Funds 2 Nuveen Investment Quality Municipal Fund, Inc. Nuveen Maryland Premium Income Municipal Fund Nuveen Massachusetts AMT-Free Nuveen Massachusetts Dividend Advantage Municipal Fund Nuveen Massachusetts Premium Income Municipal Fund Nuveen Michigan Quality Income Municipal Fund, Inc. Nuveen Missouri Premium Income Municipal Fund Nuveen Mortgage Opportunity Term Fund 2 Nuveen Motgage Opportunity Term Fund Nuveen Municipal Advantage Fund, Inc. Nuveen Municipal High Income Opportunity Fund Nuveen Municipal High Income Opportunity Fund 2 Nuveen Municipal Income Fund, Inc. Nuveen Municipal Market Opportunity Fund, Inc. Nuveen Municipal Opportunity Fund Nuveen Municipal Value Fund, Inc. Nuveen New Jersey Dividend Advantage Municipal Fund Nuveen New Jersey Dividend Advantage Municipal Fund 2 Nuveen New Jersey Investment Quality Municipal Fund, Inc. Nuveen New Jersey Municipal Value Fund Nuveen New Jersey Premium Income Municipal Fund, Inc. Nuveen New York AMT-Free Munic Nuveen New York Dividend Advantage Nuveen New York Dividend Advantage Municipal Fund Nuveen New York Dividend Advantage Municipal Fund 2 Nuveen New York Investment Quality Municipal Fund, Inc. Nuveen New York Municipal Value Fund 2 Nuveen New York Municipal Value Fund, Inc. Nuveen New York Performance Plus Municipal Fund, Inc. Nuveen New York Premium Income Nuveen New York Quality Income Municipal Fund, Inc. Nuveen New York Select Quality Municipal Fund, Inc. Nuveen New York Select Tax-Free Income Portfolio Nuveen North Carolina Premium Income Municipal Fund Nuveen Ohio Dividend Advantage Municipal Fund Nuveen Ohio Dividend Advantage Municipal Fund 2 Nuveen Ohio Dividend Advantage Municipal Fund 3 Nuveen Ohio Quality Income Municipal Fund, Inc. Nuveen Pennsylvania Dividend Advantage Municipal Fund Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 Nuveen Pennsylvania Investment Quality Municipal Fund, Inc. Nuveen Pennsylvania Municipal Value Fund Nuveen Pennsylvania Premium Income Municipal Fund 2 Nuveen Performance Plus Municipal Fund, Inc. Nuveen Premier Municipal Income Fund, Inc. Nuveen Premier Municipal Opportunity Nuveen Premium Income Municipal Nuveen Premium Income Municipal Fund 2, Inc. Nuveen Premium Income Municipal Fund 4, Inc. Nuveen Premium Income Municipal Fund, Inc. Nuveen Quality Income Municipal Fund, Inc. Nuveen Quality Municipal Fund Nuveen Quality Preferred Income Fund Nuveen Quality Preferred Income Fund 2 Nuveen Quality Preferred Income Fund 3 Nuveen Select Quality Municipal Fund, Inc. Nuveen Select Tax-Free Income Portfolio Nuveen Select Tax-Free Income Portfolio 2 Nuveen Select Tax-Free Income Portfolio 3 Nuveen Senior Income Fund Nuveen Short Duration Credit Opportunities Fund Nuveen Texas Quality Income Municipal Fund Nuveen Virginia Premium Income Municipal Fund
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