Three Nuveen Closed-End Funds Announce Availability of 19(a) Notices
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 Funds’ 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. For all funds, it is estimated that the funds 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 Funds’ investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations.
Data as of |
||||||||||||||
Current Month |
Fiscal YTD |
|||||||||||||
|
Estimated Sources of Distribution |
|
Estimated Sources of Distribution |
Estimated Percentages of Distribution1 |
||||||||||
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) |
.0765 |
0.0430 |
0.0000 |
0.0000 |
0.0335 |
0.6885 |
0.3870 |
0.0000 |
0.0000 |
0.3015 |
|
|
|
|
JRI (FYE 12/31) |
.0965 |
0.0650 |
0.0000 |
0.0000 |
0.0315 |
0.6755 |
0.4550 |
0.0000 |
0.0000 |
0.2205 |
|
|
|
|
NPCT (FYE 12/31) |
.1030 |
0.0638 |
0.0000 |
0.0000 |
0.0392 |
0.7210 |
0.4466 |
0.0000 |
0.0000 |
0.2744 |
|
|
|
|
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 |
||
|
Inception Date |
Monthly Distribution |
Fiscal YTD Distribution |
NAV |
5-Year Return on NAV2 |
Fiscal YTD Distribution Rate on NAV1 |
Fiscal YTD Return on NAV |
Fiscal YTD Distribution Rate on NAV1 |
|
||||||||
NDMO (FYE 10/31) |
Aug-2020 |
.0765 |
.6885 |
12.53 |
- |
|
- |
|
JRI (FYE 12/31) |
Apr-2012 |
.0965 |
.6755 |
15.67 |
|
|
- |
|
NPCT (FYE 12/31) |
Apr-2021 |
.1030 |
.7210 |
14.14 |
- |
|
- |
|
1As a percentage of |
For more information, please visit Nuveen’s CEF homepage www.nuveen.com/closed-end-funds.
About
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-2398922PR-E0822W
View source version on businesswire.com: https://www.businesswire.com/news/home/20220831005629/en/
Financial Professionals:
800-752-8700
Investors:
800-257-8787
Media:
media-inquiries@nuveen.com
Source: