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Nuveen Closed-End Funds Declare Monthly Distributions



  Nuveen Closed-End Funds Declare Monthly Distributions

Business Wire

CHICAGO -- December 03, 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          December 14, 2012
Ex-Dividend Date     December 12, 2012
Payable Date         December 31, 2012
Reinvest Date        December 31, 2012
                      

                                             Monthly Tax-Free Distribution Per
                                             Share
                                                             Change From
                                             Amount          Previous Month
Ticker   Closed-End Portfolios
NXP      Select Portfolio                    $.0525          (.0040)
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                  .0330           (.0015)
NMI      Municipal Income                    .0475           -
NIM      Select Maturities                   .0295           (.0020)
NYV      NY Municipal Value 2                .0560           -
NCB      CA Municipal Value 2                .0650           (.0015)
NJV      NJ Municipal Value                  .0520           (.0020)
NPN      PA Municipal Value                  .0530           -
         Leveraged Funds
         National
NPI      Premium Income                      .0720           (.0045)
NPP      Performance Plus                    .0770           (.0030)
NMA      Advantage                           .0710           (.0045)
NMO      Market Opportunity                  .0670           (.0035)
NQM      Investment Quality                  .0800           (.0040)
NQI      Quality Municipal                   .0730           (.0020)
NQS      Select Quality                      .0710           (.0090)
                                                              
                                                             Change From
                                             Amount          Previous Month
NQU      Quality Income                      .0700           (.0040)
NIO      Municipal Opportunity               .0730           -
NPF      Premier                             .0700           (.0035)
NIF      Premier Municipal Opportunity       .0720           (.0035)
NPM      Premium Income 2                    .0720           (.0025)
NPT      Premium Income 4                    .0680           (.0030)
NPX      Premium Income Municipal            .0620           -
         Opportunity
NAD      Dividend Advantage                  .0730           (.0030)
NXZ      Dividend Advantage 2                .0670           (.0080)
NZF      Dividend Advantage 3                .0660           (.0095)
NVG      Dividend Advantage Municipal        .0690           (.0060)
NEA      AMT-Free Municipal Income           .0680           (.0020)
NMZ      High Income Opportunity Fund        .0730           -
NMD      High Income Opportunity Fund 2      .0655           -
NEV      Enhanced Municipal Value Fund       .0800           -
         California
NKX      CA AMT-Free Municipal Income        .0700           (.0080)
NCP      Performance Plus                    .0790           (.0025)
NCO      Market Opportunity                  .0800           -
NQC      Investment Quality                  .0770           (.0060)
NVC      Select Quality                      .0830           (.0030)
NUC      Quality Income                      .0850           (.0025)
NCU      Premium Income                      .0700           (.0025)
NAC      Dividend Advantage                  .0740           (.0030)
NVX      Dividend Advantage 2                .0750           (.0050)
NZH      Dividend Advantage 3                .0670           (.0035)
         New York
NNP      Performance Plus                    .0710           (.0025)
NQN      Investment Quality                  .0690           -
NVN      Select Quality                      .0725           -
NUN      Quality Income                      .0700           (.0030)
NNF      Premium Income Municipal            .0695           -
NAN      Dividend Advantage                  .0630           (.0025)
NXK      Dividend Advantage 2                .0630           (.0035)
NKO      Dividend Advantage Income           .0650           (.0030)
NRK      AMT-Free Municipal Income           .0570           (.0015)
         Other State Funds
NAZ      AZ Premium Income                   .0640           -
NFZ      AZ Dividend Advantage               .0610           -
NKR      AZ Dividend Advantage 2             .0640           (.0030)
NXE      AZ Dividend Advantage 3             .0580           (.0020)
NTC      CT Premium Income                   .0570           (.0020)
NKG      GA Dividend Advantage 2             .0560           (.0015)
NMT      MA Premium Income                   .0590           -
NMB      MA Dividend Advantage               .0570           -
NGX      Insured MA Tax-Free Advantage       .0480           (.0015)
NMY      MD Premium Income                   .0640           (.0035)
NUM      MI Quality Income                   .0740           -
                                                              
                                                             Change From
                                             Amount          Previous Month
NMP      MI Premium Income                   .0710           (.0020)
NZW      MI Dividend Advantage               .0610           (.0030)
NOM      MO Premium Income                   .0610           -
NNC      NC Premium Income                   .0550           (.0040)
NQJ      NJ Investment Quality               .0670           (.0035)
NNJ      NJ Premium Income                   .0710           (.0015)
NXJ      NJ Dividend Advantage               .0580           (.0075)
NUJ      NJ Dividend Advantage 2             .0600           (.0065)
NUO      OH Quality Income                   .0800           -
NXI      OH Dividend Advantage               .0650           (.0040)
NBJ      OH Dividend Advantage 2             .0650           (.0050)
NVJ      OH Dividend Advantage 3             .0660           (.0045)
NQP      PA Investment Quality               .0740           (.0040)
NPY      PA Premium Income 2                 .0700           -
NXM      PA Dividend Advantage               .0630           (.0040)
NVY      PA Dividend Advantage 2             .0700           (.0045)
NTX      TX Quality Income                   .0610           (.0030)
NPV      VA Premium Income                   .0620           (.0040)
                                                              
                                             Monthly Taxable Distribution Per
                                             Share
         Closed-End Funds:                                   Change From
Ticker   Taxable Funds                       Amount          Previous Month
         Preferred Securities
JTP      Quality Preferred Income Fund       .0500           -
JPS      Quality Preferred Income Fund 2     .0550           -
JHP      Quality Preferred Income Fund 3     .0520           -
JPC      Preferred Income Opportunities      .0633           -
         Fund
JPI      Preferred and Income Term Fund      .1690           -
         Floating Rate: Corporate Loans
NSL      Senior Income Fund                  .0455           -
JFR      Floating Rate Income Fund           .0760           -
JRO      Floating Rate Income Opportunity    .0800           -
         Fund
JSD      Short Duration Credit               .1320           .0050
         Opportunities Fund
JQC      Credit Strategies Income Fund       .0692           .0025
         Mortgage-Backed Securities
JLS      Mortgage Opportunity Term Fund      .1725           -
JMT      Mortgage Opportunity Term Fund 2    .1725           -
         Taxable Municipal
NBB      Build America Bond Fund             .1110           .0025
NBD      Build America Bond Opportunity      .1085           .0020
         Fund
                                                              

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

Record Date                                    December 14, 2012
Ex-Dividend Date                               December 12, 2012
Payable Date                                   December 31, 2012
                                                
                                                
Ticker         MuniFund Term Preferred                  Monthly Tax-Free
                                                        Distribution Per Share
NAD PrC        Nuveen Dividend Advantage Municipal      .022500
               Fund 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           .019583
               Municipal 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            .022083
               Advantage 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            .021667
               Advantage 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           .022083
               Municipal Fund MTP
NMY PrD        Nuveen Maryland Premium Income           .024167
               Municipal 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           .017500
               Municipal Fund MTP
NPV PrA        Nuveen Virginia Premium Income           .018750
               Municipal Fund MTP
NPV PrC        Nuveen Virginia Premium Income           .022083
               Municipal 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           .019583
               Municipal 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           .019583
               Municipal Fund MTP
NXI PrD        Nuveen Ohio Dividend Advantage           .024583
               Municipal 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      .023333
               Fund 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           .022083
               Municipal Fund MTP
NMY PrE        Nuveen Maryland Premium Income           .021667
               Municipal Fund MTP
NMY PrF        Nuveen Maryland Premium Income           .021667
               Municipal Fund MTP
NMY PrH        Nuveen Maryland Premium Income           .023750
               Municipal Fund MTP
NPV PrD        Nuveen Virginia Premium Income           .023333
               Municipal Fund MTP
NPV PrE        Nuveen Virginia Premium Income           .023333
               Municipal 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 $220 billion as of September
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
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