Nuveen Closed-End Funds Declare Monthly Distributions

  Nuveen Closed-End Funds Declare Monthly Distributions

Business Wire

CHICAGO -- November 01, 2012

Nuveen Investments, a leading global provider of investment services to
institutions as well as individual investors, today announced that 99 Nuveen
closed-end funds 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.

The following dates apply to today's distribution declarations for the
following Closed-End Funds:

Record Date       November 15, 2012                      
Ex-Dividend Date   November 13, 2012
Payable Date       December 3, 2012
Reinvest Date      December 3, 2012              Monthly Tax-Free Distribution
                                                 Per Share
                                                                Change From
                                                 Amount        Previous Month
Ticker             Closed-End Portfolios
NXP                Select Portfolio              $.0565         -
NXQ                Select Portfolio 2            .0525          -
NXR                Select Portfolio 3            .0550          -
NXC                CA Select Portfolio           .0570          -
NXN                NY Select Portfolio           .0545          -
                   Non-Leveraged Funds
NUV                Municipal Value               .0370          -
NUW                Municipal Value 2             .0670          -
NCA                CA Municipal Value            .0390          -
NNY                NY Municipal Value            .0345          -
NMI                Municipal Income              .0475          -
NIM                Select Maturities             .0315          -
NYV                NY Municipal Value 2          .0560          -
NCB                CA Municipal Value 2          .0665          -
NJV                NJ Municipal Value            .0540          -
NPN                PA Municipal Value            .0530          -
                   Leveraged Funds
                   National
NPI                Premium Income                .0765          -
NPP                Performance Plus              .0800          -
NMA                Advantage                     .0755          -
NMO                Market Opportunity            .0705          -
NQM                Investment Quality            .0840          -
NQI                Quality Municipal             .0750          -
NQS                Select Quality                .0800          -
NQU                Quality Income                .0740          -
NIO                Municipal Opportunity         .0730          -
                                                                Change From
                                                 Amount        Previous Month
NPF                Premier                       .0735          -
NIF                Premier Municipal             .0755          -
                   Opportunity
NPM                Premium Income 2              .0745          -
NPT                Premium Income 4              .0710          -
NPX                Premium Income Municipal      .0620          -
                   Opportunity
NAD                Dividend Advantage            .0760          -
NXZ                Dividend Advantage 2          .0750          -
NZF                Dividend Advantage 3          .0755          -
NVG                Dividend Advantage            .0750          -
                   Municipal
NEA                AMT-Free Municipal Income     .0700          -
NMZ                High Income Opportunity       .0730          -
                   Fund
NMD                High Income Opportunity       .0655          -
                   Fund 2
NEV                Enhanced Municipal Value      .0800          -
                   Fund
                   California
NKX                CA AMT-Free Municipal         .0780          -
                   Income
NCP                Performance Plus              .0815          -
NCO                Market Opportunity            .0800          -
NQC                Investment Quality            .0830          -
NVC                Select Quality                .0860          -
NUC                Quality Income                .0875          -
NCU                Premium Income                .0725          -
NAC                Dividend Advantage            .0770          -
NVX                Dividend Advantage 2          .0800          -
NZH                Dividend Advantage 3          .0705          -
                   New York
NNP                Performance Plus              .0735          -
NQN                Investment Quality            .0690          -
NVN                Select Quality                .0725          -
NUN                Quality Income                .0730          -
NNF                Premium Income Municipal      .0695          -
NAN                Dividend Advantage            .0655          -
NXK                Dividend Advantage 2          .0665          -
NKO                Dividend Advantage Income     .0680          -
NRK                AMT-Free Municipal Income     .0585          -
                   Other State Funds
NAZ                AZ Premium Income             .0640          -
NFZ                AZ Dividend Advantage         .0610          -
NKR                AZ Dividend Advantage 2       .0670          -
NXE                AZ Dividend Advantage 3       .0600          -
NTC                CT Premium Income             .0590          -
NKG                GA Dividend Advantage 2       .0575          -
NMT                MA Premium Income             .0590          -
NMB                MA Dividend Advantage         .0570          -
NGX                Insured MA Tax-Free           .0495          -
                   Advantage
NMY                MD Premium Income             .0675          -
NUM                MI Quality Income             .0740          -
NMP                MI Premium Income             .0730          -
                                                                Change From
                                                 Amount        Previous Month
NZW                MI Dividend Advantage         .0640          -
NOM                MO Premium Income             .0610          -
NNC                NC Premium Income             .0590          -
NQJ                NJ Investment Quality         .0705          -
NNJ                NJ Premium Income             .0725          -
NXJ                NJ Dividend Advantage         .0655          -
NUJ                NJ Dividend Advantage 2       .0665          -
NUO                OH Quality Income             .0800          -
NXI                OH Dividend Advantage         .0690          -
NBJ                OH Dividend Advantage 2       .0700          -
NVJ                OH Dividend Advantage 3       .0705          -
NQP                PA Investment Quality         .0780          -
NPY                PA Premium Income 2           .0700          -
NXM                PA Dividend Advantage         .0670          -
NVY                PA Dividend Advantage 2       .0745          -
NTX                TX Quality Income             .0640          -
NPV                VA Premium Income             .0660          -
                                                                
                                                 Monthly Taxable Distribution
                                                 Per Share
                   Closed-End Funds:                            Change From
Ticker             Taxable Funds                 Amount        Previous Month
                   Preferred Securities
JTP                Quality Preferred Income      .0500          -
                   Fund
JPS                Quality Preferred Income      .0550          -
                   Fund 2
JHP                Quality Preferred Income      .0520          -
                   Fund 3
JPC                Preferred Income              .0633          -
                   Opportunities Fund
JPI                Preferred and Income Term     .1690          -
                   Fund
                   Floating Rate: Corporate
                   Loans
NSL                Senior Income Fund            .0455          -
JFR                Floating Rate Income Fund     .0760          -
JRO                Floating Rate Income          .0800          -
                   Opportunity Fund
JSD                Short Duration Credit         .1270          -
                   Opportunities Fund
JQC                Credit Strategies Income      .0667          -
                   Fund
                   Mortgage-Backed Securities
JLS                Mortgage Opportunity Term     .1725          -
                   Fund
JMT                Mortgage Opportunity Term     .1725          -
                   Fund 2
                   Taxable Municipal
NBB                Build America Bond Fund       .1085          -
NBD                Build America Bond            .1065          -
                   Opportunity Fund
                                                                

The following dates apply to today's distribution declarations for the
following MTP Shares:

Record Date       November 15, 2012                        
Ex-Dividend Date   November 13, 2012
Payable Date       December 3, 2012
                                                              Monthly Tax-Free
Ticker             MuniFund Term Preferred                    Distribution
                                                              Per Share
NAD PrC            Nuveen Dividend Advantage Municipal Fund   .022500
                   MTP
NAN PrC            Nuveen New York Dividend Advantage         .022500
                   Municipal Fund MTP
NAN PrD            Nuveen New York Dividend Advantage         .020833
                   Municipal Fund MTP
NBJ PrA            Nuveen Ohio Dividend Advantage Municipal   .019583
                   Fund 2 MTP
NCU PrC            Nuveen California Premium Income           .016667
                   Municipal Fund MTP
NEA PrC            Nuveen Insured Tax-Free Advantage          .023750
                   Municipal Fund MTP
NFZ PrC            Nuveen Arizona Dividend Advantage          .017083
                   Municipal Fund MTP
NGX PrC            Nuveen Insured Mass. Tax-Free Advantage    .022083
                   Municipal Fund MTP
NKG PrC            Nuveen Georgia Dividend Advantage          .022083
                   Municipal Fund 2 MTP
NKG PrD            Nuveen Georgia Dividend Advantage          .022083
                   Municipal Fund 2 MTP
NKG PrE            Nuveen Georgia Dividend Advantage          .022083
                   Municipal Fund 2 MTP
NKR PrC            Nuveen Arizona Dividend Advantage          .017083
                   Municipal Fund 2 MTP
NMB PrC            Nuveen Massachusetts Dividend Advantage    .021667
                   Municipal Fund MTP
NMT PrC            Nuveen Massachusetts Premium Income        .022083
                   Municipal Fund MTP
NMT PrD            Nuveen Massachusetts Premium Income        .022917
                   Municipal Fund MTP
NMY PrC            Nuveen Maryland Premium Income Municipal   .022083
                   Fund MTP
NMY PrD            Nuveen Maryland Premium Income Municipal   .024167
                   Fund MTP
NNC PrC            Nuveen North Carolina Premium Income       .022083
                   Municipal Fund MTP
NNC PrD            Nuveen North Carolina Premium Income       .021667
                   Municipal Fund MTP
NNC PrE            Nuveen North Carolina Premium Income       .021667
                   Municipal Fund MTP
NNC PrF            Nuveen North Carolina Premium Income       .021667
                   Municipal Fund MTP
NNC PrG            Nuveen North Carolina Premium Income       .022083
                   Municipal Fund MTP
NOM PrC            Nuveen Missouri Premium Income Municipal   .017500
                   Fund MTP
NPV PrA            Nuveen Virginia Premium Income Municipal   .018750
                   Fund MTP
NPV PrC            Nuveen Virginia Premium Income Municipal   .022083
                   Fund MTP
NRK PrC            Nuveen Insured New York Tax Free           .021250
                   Advantage Municipal Fund MTP
NTC PrC            Nuveen Connecticut Premium Income          .022083
                   Municipal Fund MTP
NTC PrD            Nuveen Connecticut Premium Income          .021250
                   Municipal Fund MTP
NTC PrE            Nuveen Connecticut Premium Income          .021667
                   Municipal Fund MTP
NTC PrF            Nuveen Connecticut Premium Income          .021667
                   Municipal Fund MTP
NTC PrG            Nuveen Connecticut Premium Income          .022083
                   Municipal Fund MTP
NTX PrC            Nuveen Texas Quality Income Municipal      .019167
                   Fund MTP
NUJ PrC            Nuveen New Jersey Dividend Advantage       .016667
                   Municipal Fund 2 MTP
NVG PrC            Nuveen Insured Dividend Advantage          .024583
                   Municipal Fund MTP
NVJ PrA            Nuveen Ohio Dividend Advantage Municipal   .019583
                   Fund 3 MTP
NVX PrA            Nuveen California Dividend Advantage       .019583
                   Municipal Fund 2 MTP
NVX PrC            Nuveen California Dividend Advantage       .017083
                   Municipal Fund 2 MTP
NVY PrC            Nuveen Pennsylvania Dividend Advantage     .017917
                   Municipal Fund 2 MTP
NXE PrC            Nuveen Arizona Dividend Advantage          .024167
                   Municipal Fund 3 MTP
NXI PrC            Nuveen Ohio Dividend Advantage Municipal   .019583
                   Fund MTP
NXI PrD            Nuveen Ohio Dividend Advantage Municipal   .024583
                   Fund MTP
NXJ PrA            Nuveen New Jersey Dividend Advantage       .019167
                   Municipal Fund MTP
NXK PrC            Nuveen New York Dividend Advantage         .021250
                   Municipal Fund 2 MTP
NXM PrC            Nuveen Pennsylvania Dividend Advantage     .017500
                   Municipal Fund MTP
NZF PrC            Nuveen Dividend Advantage Municipal Fund   .023333
                   3 MTP
NZH PrA            Nuveen California Dividend Advantage       .019583
                   Municipal Fund 3 MTP
NZH PrB            Nuveen California Dividend Advantage       .018750
                   Municipal Fund 3 MTP
NZH PrC            Nuveen California Dividend Advantage       .024583
                   Municipal Fund 3 MTP
NZW PrC            Nuveen Michigan Dividend Advantage         .019167
                   Municipal Fund MTP
NMY PrG            Nuveen Maryland Premium Income Municipal   .022083
                   Fund MTP
NMY PrE            Nuveen Maryland Premium Income Municipal   .021667
                   Fund MTP
NMY PrF            Nuveen Maryland Premium Income Municipal   .021667
                   Fund MTP
NMY PrH            Nuveen Maryland Premium Income Municipal   .023750
                   Fund MTP
NPV PrD            Nuveen Virginia Premium Income Municipal   .023333
                   Fund MTP
NPV PrE            Nuveen Virginia Premium Income Municipal   .023333
                   Fund MTP
                                                              

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 closed-end 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.

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, Symphony Asset Management, NWQ Investment
Management Company, Santa Barbara Asset Management, Tradewinds Global
Investors, Winslow Capital Management, and Gresham Investment Management. In
total, Nuveen Investments managed approximately $212 billion as of June 30,
2012. 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.

Contact:

Nuveen Investments
Media Contact:
Kristyna Munoz
(312) 917-8343
KRISTYNA.MUNOZ@NUVEEN.COM