Several Nuveen closed-end funds have declared distributions. These funds
represent investment strategies for investors seeking diversified
sources of cash flow 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:
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.
Ticker
Exchange
Fund Name
National
California
New York
Other State Funds
Ticker
Exchange
Fund Name
Preferred and Income Securities
Floating Rate
Taxable Municipals
Emerging Markets Debt
Global High Yield Debt
Corporate High Yield Debt
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:
Ticker
Exchange
Fund Name
Mortgage-Backed Securities
Real Assets
Nuveen, the investment manager of TIAA, offers a comprehensive range of
outcome-focused investment solutions designed to secure the long-term
financial goals of institutional and individual investors. Nuveen has
$973 billion in assets under management as of 6/30/18 and operations in
16 countries. Its affiliates offer deep expertise across a comprehensive
range of traditional and alternative investments through a wide array of
vehicles and customized strategies. For more information, please visit www.nuveen.com.
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.
562848-INV-O-08/20
View source version on businesswire.com: https://www.businesswire.com/news/home/20180801006046/en/