Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors, today announced that 111 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: | |||||
Record Date | August 15, 2010 | ||||
Ex-Dividend Date | August 11, 2010 | ||||
Payable Date | September 1, 2010 |
Monthly Tax-Free Distribution | |||||||||||||||||||||||||||||||||
Per Share | |||||||||||||||||||||||||||||||||
Change From Previous | |||||||||||||||||||||||||||||||||
Amount | Month | ||||||||||||||||||||||||||||||||
Ticker | Closed-End Portfolios | ||||||||||||||||||||||||||||||||
NXP | Select Portfolio | $.0595 | - | ||||||||||||||||||||||||||||||
NXQ | Select Portfolio 2 | .0555 | - | ||||||||||||||||||||||||||||||
NXR | Select Portfolio 3 | .0535 | - | ||||||||||||||||||||||||||||||
NXC | CA Select Portfolio | .0555 | - | ||||||||||||||||||||||||||||||
NXN | NY Select Portfolio | .0510 | - | ||||||||||||||||||||||||||||||
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 | - | ||||||||||||||||||||||||||||||
NIM | Select Maturities | .0350 | - | ||||||||||||||||||||||||||||||
NYV | NY Municipal Value 2 | .0640 | - | ||||||||||||||||||||||||||||||
NCB | CA Municipal Value 2 | .0690 | - | ||||||||||||||||||||||||||||||
NJV | NJ Municipal Value | .0640 | - | ||||||||||||||||||||||||||||||
NPN | PA Municipal Value | .0650 | - | ||||||||||||||||||||||||||||||
Leveraged Funds | |||||||||||||||||||||||||||||||||
National | |||||||||||||||||||||||||||||||||
NPI | Premium Income | .0765 | - | ||||||||||||||||||||||||||||||
NPP | Performance Plus | .0785 | - | ||||||||||||||||||||||||||||||
NMA | Advantage | .0825 | - | ||||||||||||||||||||||||||||||
NMO | Market Opportunity | .0815 | - | ||||||||||||||||||||||||||||||
NQM | Investment Quality | .0785 | - | ||||||||||||||||||||||||||||||
NQI | Insured Quality | .0710 | - | ||||||||||||||||||||||||||||||
NQS | Select Quality | .0860 | - | ||||||||||||||||||||||||||||||
NQU | Quality Income | .0790 | - | ||||||||||||||||||||||||||||||
NIO | Insured Opportunity | .0720 | - | ||||||||||||||||||||||||||||||
Change From Previous | |||||||||||||||||||||||||||||||||
Amount | Month | ||||||||||||||||||||||||||||||||
NPF | Premier | .0725 | - | ||||||||||||||||||||||||||||||
NIF | Premier Insured | .0740 | - | ||||||||||||||||||||||||||||||
NPM | Premium Income 2 | .0740 | - | ||||||||||||||||||||||||||||||
NPT | Premium Income 4 | .0710 | - | ||||||||||||||||||||||||||||||
NPX | Insured Premium 2 | .0620 | - | ||||||||||||||||||||||||||||||
NAD | Dividend Advantage | .0760 | - | ||||||||||||||||||||||||||||||
NXZ | Dividend Advantage 2 | .0800 | - | ||||||||||||||||||||||||||||||
NZF | Dividend Advantage 3 | .0820 | - | ||||||||||||||||||||||||||||||
NVG | Insured Dividend Advantage | .0700 | - | ||||||||||||||||||||||||||||||
NEA | Insured Tax-Free Advantage | .0680 | - | ||||||||||||||||||||||||||||||
NMZ | High Income Opportunity Fund | .0835 | - | ||||||||||||||||||||||||||||||
NMD | High Income Opportunity Fund 2 | .0800 | - | ||||||||||||||||||||||||||||||
NEV | Enhanced Municipal Value Fund | .0760 | - | ||||||||||||||||||||||||||||||
California | |||||||||||||||||||||||||||||||||
NCP | Performance Plus | .0750 | - | ||||||||||||||||||||||||||||||
NCO | Market Opportunity | .0780 | - | ||||||||||||||||||||||||||||||
NQC | Investment Quality | .0760 | - | ||||||||||||||||||||||||||||||
NVC | Select Quality | .0810 | - | ||||||||||||||||||||||||||||||
NUC | Quality Income | .0810 | - | ||||||||||||||||||||||||||||||
NPC | Insured Premium Income | .0725 | - | ||||||||||||||||||||||||||||||
NCL | Insured Premium Income 2 | .0720 | - | ||||||||||||||||||||||||||||||
NCU | Premium Income | .0725 | - | ||||||||||||||||||||||||||||||
NAC | Dividend Advantage | .0745 | - | ||||||||||||||||||||||||||||||
NVX | Dividend Advantage 2 | .0800 | - | ||||||||||||||||||||||||||||||
NZH | Dividend Advantage 3 | .0750 | - | ||||||||||||||||||||||||||||||
NKL | Insured Dividend Advantage | .0785 | - | ||||||||||||||||||||||||||||||
NKX | Insured Tax-Free Advantage | .0670 | - | ||||||||||||||||||||||||||||||
New York | |||||||||||||||||||||||||||||||||
NNP | Performance Plus | .0735 | - | ||||||||||||||||||||||||||||||
NQN | Investment Quality | .0670 | - | ||||||||||||||||||||||||||||||
NVN | Select Quality | .0700 | - | ||||||||||||||||||||||||||||||
NUN | Quality Income | .0690 | - | ||||||||||||||||||||||||||||||
NNF | Insured Premium Income | .0645 | - | ||||||||||||||||||||||||||||||
NAN | Dividend Advantage | .0655 | - | ||||||||||||||||||||||||||||||
NXK | Dividend Advantage 2 | .0665 | - | ||||||||||||||||||||||||||||||
NKO | Insured Dividend Advantage | .0645 | - | ||||||||||||||||||||||||||||||
NRK | Insured Tax-Free Advantage | .0615 | - | ||||||||||||||||||||||||||||||
Other State Funds | |||||||||||||||||||||||||||||||||
NAZ | AZ Premium Income | .0625 | - | ||||||||||||||||||||||||||||||
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 | .0640 | - | ||||||||||||||||||||||||||||||
NGK | CT Dividend Advantage 2 | .0660 | - | ||||||||||||||||||||||||||||||
NGO | CT Dividend Advantage 3 | .0600 | - | ||||||||||||||||||||||||||||||
NPG | GA Premium Income | .0590 | - | ||||||||||||||||||||||||||||||
NZX | GA Dividend Advantage | .0640 | - | ||||||||||||||||||||||||||||||
Share
© Business Wire - 2010
Nuveen Maryland Quality Municipal Income Fund, formerly Nuveen Maryland Premium Income Municipal Fund, is a diversified, closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain the United States territories. It seeks to provide attractive monthly tax-free income, portfolio diversification and attractive after tax total returns. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade (Baa/BBB or better by S&P, Moody's, or Fitch) or, if they are unrated, are judged by the manager to be of comparable quality. It may invest up to 20% of its managed assets in municipal securities rated below investment quality. Nuveen Fund Advisors, LLC is the investment advisor of the Fund.
Sector
Closed End Funds
|