Provided By Business Wire
Last update: Nov 1, 2018
Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of income to prepare for and sustain their retirement income needs. For further information regarding fund distributions including earnings, undistributed net investment income, and notices please visit http://www.nuveen.com/cef.
The following dates apply to today's monthly distribution declarations for the following tax-exempt and taxable closed-end funds:
Record Date | November 15, 2018 | ||||
Ex-Dividend Date | November 14, 2018 | ||||
Payable Date | December 3, 2018 | ||||
Monthly Tax-Exempt Municipal Distributions
Monthly distributions from Nuveen's municipal bond closed-end funds are generally exempt from regular Federal income taxes, and monthly distributions of single-state municipal funds 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 may be subject to the Federal Alternative Minimum Tax for some shareholders.
Monthly Tax-Free Distribution Per Share | ||||||||
Change From | ||||||||
Ticker |
Exchange |
Fund Name |
Amount | Previous Month | ||||
National |
||||||||
NXP | NYSE | Nuveen Select Tax-Free Income Portfolio | $.0455 | - | ||||
NXQ | NYSE | Nuveen Select Tax-Free Income Portfolio 2 | $.0420 | - | ||||
NXR | NYSE | Nuveen Select Tax-Free Income Portfolio 3 | $.0435 | - | ||||
NUV | NYSE | Nuveen Municipal Value Fund, Inc. | $.0310 | - | ||||
NUW | NYSE | Nuveen AMT-Free Municipal Value Fund | $.0560 | - | ||||
NMI | NYSE | Nuveen Municipal Income Fund, Inc. | $.0360 | - | ||||
NIM | NYSE | Nuveen Select Maturities Municipal Fund | $.0265 | - | ||||
NZF | NYSE | Nuveen Municipal Credit Income Fund | $.0660 | - | ||||
NVG | NYSE | Nuveen AMT-Free Municipal Credit Income Fund | $.0655 | - | ||||
NMZ | NYSE | Nuveen Municipal High Income Opportunity Fund | $.0565 | - | ||||
NEV | NYSE | Nuveen Enhanced Municipal Value Fund | $.0565 | - | ||||
NID | NYSE | Nuveen Intermediate Duration Municipal Term Fund | $.0425 | - | ||||
NIQ | NYSE | Nuveen Intermediate Duration Quality Municipal Term Fund | $.0295 | - | ||||
NHA | NYSE | Nuveen Municipal 2021 Target Term Fund | $.0150 | - | ||||
NEA | NYSE | Nuveen AMT-Free Quality Municipal Income Fund | $.0535 | - | ||||
NAD | NYSE | Nuveen Quality Municipal Income Fund | $.0535 | - | ||||
California |
||||||||
NAC | NYSE | Nuveen California Quality Municipal Income Fund | $.0555 | - | ||||
NKX | NYSE | Nuveen California AMT-Free Quality Municipal Income Fund | $.0515 | - | ||||
NCA | NYSE | Nuveen California Municipal Value Fund, Inc. | $.0285 | - | ||||
NXC | NYSE | Nuveen California Select Tax-Free Income Portfolio | $.0440 | - | ||||
NCB | NYSE | Nuveen California Municipal Value Fund 2 | $.0540 | - | ||||
New York |
||||||||
NRK | NYSE | Nuveen New York AMT-Free Quality Municipal Income Fund | $.0450 | - | ||||
NAN | NYSE | Nuveen New York Quality Municipal Income Fund | $.0480 | - | ||||
NXN | NYSE | Nuveen New York Select Tax-Free Income Portfolio | $.0420 | - | ||||
NNY | NYSE | Nuveen New York Municipal Value Fund, Inc. | $.0300 | - | ||||
NYV | NYSE | Nuveen New York Municipal Value Fund 2 | $.0425 | - | ||||
Other State Funds |
- | |||||||
NAZ | NYSE | Nuveen Arizona Quality Municipal Income Fund | $.0440 | - | ||||
NTC | NYSE | Nuveen Connecticut Quality Municipal Income Fund | $.0410 | - | ||||
NKG | NYSE | Nuveen Georgia Quality Municipal Income Fund | $.0345 | - | ||||
NMT | NYSE | Nuveen Massachusetts Quality Municipal Income Fund | $.0410 | - | ||||
NMY | NYSE | Nuveen Maryland Quality Municipal Income Fund | $.0440 | - | ||||
NUM | NYSE | Nuveen Michigan Quality Municipal Income Fund | $.0445 | - | ||||
NMS | NYSE | Nuveen Minnesota Quality Municipal Income Fund | $.0510 | - | ||||
NOM | NYSE | Nuveen Missouri Quality Municipal Income Fund | $.0430 | - | ||||
NNC | NYSE | Nuveen North Carolina Quality Municipal Income Fund | $.0360 | - | ||||
NXJ | NYSE | Nuveen New Jersey Quality Municipal Income Fund | $.0545 | - | ||||
NJV | NYSE | Nuveen New Jersey Municipal Value Fund | $.0450 | - | ||||
NUO | NYSE | Nuveen Ohio Quality Municipal Income Fund | $.0455 | - | ||||
NQP | NYSE | Nuveen Pennsylvania Quality Municipal Income Fund | $.0470 | - | ||||
NPN | NYSE | Nuveen Pennsylvania Municipal Value Fund | $.0405 | - | ||||
NTX | NYSE | Nuveen Texas Quality Municipal Income Fund | $.0445 | - | ||||
NPV | NYSE | Nuveen Virginia Quality Municipal Income Fund | $.0435 | - | ||||
Monthly Taxable Distributions
Nuveen High Income December 2018 Target Term Fund (NYSE:JHA) announced plans to liquidate on or about November 30, 2018. The fund will not declare its regular monthly distribution in November 2018 and expects that all accumulated earnings will be included in the final liquidating distribution. For details, see the Press Release.
Due to the upcoming merger of Nuveen Build America Bond Opportunity Fund (NYSE: NBD) into Nuveen Build America Bond Fund (NYSE: NBB), distribution amounts for November will be declared separately. We expect to announce a pre-merger distribution on November 6, 2018, to shareholders of record on November 16, 2018, payable December 6, 2018. A post-merger distribution will be announced on November 19, 2018, to shareholders of record on November 29, 2018, payable December 6, 2018. The total dollar amount of the pre- and post-merger distributions received on December 6, 2018 will be equal to or greater than the shareholders’ prior monthly dividend amount.
Monthly Distribution Per Share | ||||||||
Change From | ||||||||
Ticker |
Exchange |
Fund Name |
Amount | Previous Month | ||||
Preferred and Income Securities |
||||||||
JPC | NYSE | Nuveen Preferred & Income Opportunities Fund | $.0610 | - | ||||
JPI | NYSE | Nuveen Preferred and Income Term Fund | $.1355 | - | ||||
JPS | NYSE | Nuveen Preferred & Income Securities Fund | $.0560 | - | ||||
JPT | NYSE | Nuveen Preferred and Income 2022 Term Fund | $.1185 | - | ||||
Floating Rate |
||||||||
NSL | NYSE | Nuveen Senior Income Fund | $.0355 | - | ||||
JFR | NYSE | Nuveen Floating Rate Income Fund | $.0600 | - | ||||
JRO | NYSE | Nuveen Floating Rate Income Opportunity Fund | $.0605 | - | ||||
JSD | NYSE | Nuveen Short Duration Credit Opportunities Fund | $.1035 | - | ||||
JQC | NYSE | Nuveen Credit Strategies Income Fund | $.0385 | - | ||||
Mortgage-Backed Securities |
||||||||
JMM | NYSE | Nuveen Multi-Market Income Fund | $.0300 | - | ||||
Emerging Markets Debt |
||||||||
JEMD | NYSE | Nuveen Emerging Markets Debt 2022 Target Term Fund | $.0375 | -.0060 | ||||
Global High Yield Debt |
||||||||
JGH | NYSE | Nuveen Global High Income Fund | $.1070 | - | ||||
Corporate High Yield Debt |
||||||||
JHY | NYSE | Nuveen High Income 2020 Target Term Fund | $.0390 | - | ||||
JHD | NYSE | Nuveen High Income December 2019 Target Term Fund | $.0350 | - | ||||
JHB | NYSE | Nuveen High Income November 2021 Target Term Fund | $.0465 | - | ||||
JCO | NYSE | Nuveen Credit Opportunities 2022 Target Term Fund | $.0470 | - | ||||
Monthly Cash-Flow Based Distributions
Each of the three taxable funds listed immediately below have adopted a cash-flow based distribution program. Historical distribution sources have included net investment income, realized gains and return of capital. If a distribution includes anything other than net investment income, the fund provides a notice of the best estimate of its distribution sources at the time of payment which may be viewed at: www.nuveen.com/CEFdistributions. These estimates may not match the final tax characterization (for the full year’s distributions) contained in shareholders’ 1099-DIV forms after the end of the year.
You should not draw any conclusions about a fund’s past or future investment performance from its current distribution rate.
The following dates apply to today's monthly cash-flow based distribution declarations for the following closed-end funds:
Record Date | November 15, 2018 | ||||
Ex-Dividend Date | November 14, 2018 | ||||
Payable Date | December 3, 2018 | ||||
Monthly Distribution Per Share | ||||||||
Change From | ||||||||
Ticker |
Exchange |
Fund Name |
Amount | Previous Month | ||||
|
Mortgage-Backed Securities |
|||||||
JLS | NYSE | Nuveen Mortgage Opportunity Term Fund | $.1135 | - | ||||
JMT | NYSE | Nuveen Mortgage Opportunity Term Fund 2 | $.1125 | - | ||||
Real Assets |
||||||||
JRI | NYSE | Nuveen Real Asset Income and Growth Fund | $.1060 | - |
The information contained on the Nuveen website is not a part of this press release. Nuveen Securities, LLC, member FINRA and SIPC.
* Nuveen does not provide tax advice; consult a professional tax advisor regarding your specific tax situation. Income may be subject to state and local taxes, as well as the federal alternative minimum tax.
647682-INV-O-11/20
View source version on businesswire.com: https://www.businesswire.com/news/home/20181101006191/en/
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