Several Nuveen Closed-End Funds Declare Capital Gains

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that several municipal closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date mentioned below.

These additional cash dividends, which are taxable under the Internal Revenue Code, may include long-term capital gains as well as ordinary income arising from gains upon the sale of securities held for one year or less and, pursuant to the Revenue Reconciliation Act of 1993, market discount realized upon the sale of securities.

The following dates apply to today’s distribution declarations:

Record Date

December 15, 2011

Ex-Dividend Date

December 13, 2011

Payable Date

December 30, 2011

Reinvest Date

December 30, 2011

Amount Per Share

Ordinary Income

Taxable

Short-Term

Long-Term

Income

Capital Gain

Capital Gain

Ticker

Closed-End Fund

        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          NMA
        
        
        
        
          Advantage
        
        
        
        
          .0211
        
        
        
        
          .0096
        
        
        
        
          .1340
        
      
      
        
          NXZ
        
        
        
        
          Dividend Advantage 2
        
        
        
        
          .0030
        
        
        
        
          -
        
        
        
        
          .1222
        
      
      
        
          NZF
        
        
        
        
          Dividend Advantage 3
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0352
        
      
      
        
          NAD
        
        
        
        
          Dividend Advantage
        
        
        
        
          .0055
        
        
        
        
          -
        
        
        
        
          .0376
        
      
      
        
          NQU
        
        
        
        
          Quality Income
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0418
        
      
      
        
          NQS
        
        
        
        
          Select Quality
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0598
        
      
      
        
          NXP
        
        
        
        
          Select Portfolio
        
        
        
        
          .0014
        
        
        
        
          -
        
        
        
        
          -
        
      
      
        
          NXR
        
        
        
        
          Select Portfolio 3
        
        
        
        
          .0014
        
        
        
        
          -
        
        
        
        
          .0128
        
      
      
        
          NNJ
        
        
        
        
          NJ Premium Income
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0029
        
      
      
        
          NXJ
        
        
        
        
          NJ Dividend Advantage
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0008
        
      
      
        
          NUJ
        
        
        
        
          NJ Dividend Advantage 2
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0009
        
      
      
        
          NPN
        
        
        
        
          PA Municipal Value
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0006
        
      
      
        
          NXM
        
        
        
        
          PA Dividend Advantage
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0049
        
      
      
        
          NVY
        
        
        
        
          PA Dividend Advantage 2
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0053
        
      
      
        
          NTC
        
        
        
        
          CT Premium Income
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0052
        
      
      
        
          NFC
        
        
        
        
          CT Dividend Advantage
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0025
        
      
      
        
          NGK
        
        
        
        
          CT Dividend Advantage 2
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0017
        
      
      
        
          NPV
        
        
        
        
          VA Premium Income
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0049
        
      
      
        
          NMT
        
        
        
        
          MA Premium Income
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0056
        
      
      
        
          NQN
        
        
        
        
          

NY Investment Quality

        
        
        
        
          .0033
        
        
        
        
          -
        
        
        
        
          .0199
        
      
      
        
          NVN
        
        
        
        
          

NY Select Quality

        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0150
        
      
      
        
          NUN
        
        
        
        
          

NY Quality Income

        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0121
        
      
      
        
          NNF
        
        
        
        
          

NY Insured Premium Income

        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0011
        
      
      
        
          NAN
        
        
        
        
          

NY Dividend Advantage

        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0012
        
      
      
        
          NKO
        
        
        
        
          

NY Insured Dividend Advantage

        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0010
        
      
      
        
          NRK
        
        
        
        
          

NY Insured Tax-Free Advantage

        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0008
        
      
      
        
          NUV
        
        
        
        
          Municipal Value
        
        
        
        
          .0370
        
        
        
        
          .0138
        
        
        
        
          .2473
        
      
      
        
          NQI
        
        
        
        
          Insured Quality
        
        
        
        
          .0023
        
        
        
        
          -
        
        
        
        
          -
        
      
      
        
          NIO
        
        
        
        
          Insured Opportunity
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0058
        
      
      
        
          NVG
        
        
        
        
          Insured Dividend Advantage
        
        
        
        
          -
        
        
        
        
          -
        
        
        
        
          .0282
        
      
      
        
          NMZ
        
        
        
        
          High Income Opportunity Fund
        
        
        
        
          .0148
        
        
        
        
          -
        
        
        
        
          -
        
      
      
        
          NMD
        
        
        
        
          High Income Opportunity Fund 2
        
        
        
        
          .0014
        
        
        
        
          -
        
        
        
        
          -
        
      
      
        
          NEV
        
        
        
        
          Enhanced Municipal Value Fund
        
        
        
        
          .0009
        
        
        
        
          -
        
        
        
        
          -
        
      
      
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
           
        
      
    
    

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, NWQ, Santa Barbara, Symphony, Tradewinds, and Winslow Capital. In total, Nuveen Investments managed $207 billion as of October 31, 2011. For more information, please visit the Nuveen Investments website at www.nuveen.com.