Nuveen Dynamic Municipal Opportunities Fund Announces Availability of 19(a) Notice
The Nuveen Dynamic Municipal Opportunities Fund (NYSE: NDMO) has released its 19(a) distribution notice. This notice outlines the sources of the fund's regular monthly distributions and is available for review. Shareholders are informed that this notice is for informational purposes only, with no action required on their part. The fund's distributions may include a return of capital, indicating that part of the investment may be paid back to investors. Actual distribution amounts may vary based on the fund's investment performance and tax regulations.
- The fund continues to provide regular monthly distributions.
- Shareholders can access detailed distribution information easily.
- A portion of the distributions may be classified as a return of capital, which does not necessarily reflect positive investment performance.
Important Information Regarding Distributions
This notice provides shareholders with information regarding fund distributions, as required by current securities laws. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Policy.
The following table provides estimates of the Fund’s distribution sources, reflecting year-to-date cumulative experience through the month-end prior to the latest distribution. The Funds attribute these estimates equally to each regular distribution throughout the year. Consequently, the estimated information as of the specified month-end shown below is for the current distribution, and also represents an updated estimate for all prior months in the year. It is estimated that certain funds listed below have distributed more than their income and net realized capital gains; therefore, a portion of the distributions may be (and is shown below as being estimated to be) a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.”
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. More details about the Fund’s distributions and the basis for these estimates are available on www.nuveen.com/cef.
Data as of |
||||||||||||||
Current Month |
Fiscal YTD |
Estimated Percentages |
||||||||||||
Estimated Sources of Distribution |
|
Estimated Sources of Distribution |
of Distribution 1 |
|||||||||||
Per Share |
LT |
ST |
Return of |
Per Share |
LT |
ST |
Return of |
LT |
ST |
Return of |
||||
Distribution |
NII |
Gains |
Gains |
Capital |
Distribution |
NII |
Gains |
Gains |
Capital |
NII |
Gains |
Gains |
Capital |
|
NDMO (FYE 10/31) |
0.0765 |
0.0393 |
0.0000 |
0.0310 |
0.0061 |
0.8415 |
0.4328 |
0.0000 |
0.3414 |
0.0673 |
|
|
|
|
1 Net investment income (NII) and capital gain amounts are as of the stated month-end date above. |
The following table provides information regarding distributions and total return performance over various time periods. This information is intended to help you better understand whether returns for the specified time periods were sufficient to meet distributions.
Data as of |
|
||||||||
Annualized |
Cumulative |
||||||||
|
1-Year |
5-Year |
Fiscal YTD |
Fiscal YTD |
Fiscal YTD |
||||
Inception |
Latest
|
Fiscal YTD
|
NAV |
Return on
|
Return on
|
|
Return on
|
|
|
NDMO (FYE 10/31) |
Aug-2020 |
0.0765 |
0.8415 |
15.77 |
|
N/A |
|
|
|
1As a percentage of |
For more information, please visit Nuveen’s CEF homepage www.nuveen.com/closed-end-funds or contact:
Financial Professionals
800-752-8700
Investors
800-257-8787
Media
media-inquiries@nuveen.com
About
Nuveen Securities, LLC, member
The information contained on the
FORWARD LOOKING STATEMENTS
Certain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:
- market developments;
- legal and regulatory developments; and
- other additional risks and uncertainties.
EPS-1897576PR-E1021X
View source version on businesswire.com: https://www.businesswire.com/news/home/20211029005554/en/
Financial Professionals
800-752-8700
Investors
800-257-8787
Media
media-inquiries@nuveen.com
Source:
FAQ
What is the distribution amount for Nuveen Dynamic Municipal Opportunities Fund (NDMO) for October 2021?
Is the distribution from NDMO a return of capital?
How can I access the distribution notice for NDMO?
What date was the 19(a) distribution notice for NDMO released?