Nuveen Closed-End Funds Declare Distributions

• Regular Monthly Tax-Exempt and Taxable Fund Distributions
  
   
• Eight Funds Declare Monthly Level Distributions
  
   
• Three Funds Declare Monthly Managed Distributions
  
   
• Seven Funds Declare Quarterly Managed Distributions

NEW YORK--(BUSINESS WIRE)-- As previously announced, the Board of Trustees of Nuveen Intermediate Duration Quality Municipal Term Fund (NYSE: NIQ) has approved the liquidation of the fund upon the fund’s originally scheduled termination date. NIQ intends to liquidate on or before June 30, 2023. The fund will not declare its regular monthly income distribution in June 2023 and expects to make a special tax-exempt income distribution in connection with the fund’s liquidation. The amount and dates applying to any special income distribution will be announced at a later date. The fund anticipates making its final liquidating distribution on or about June 30, 2023. The final tax character of all distributions paid in 2023 will be reported to shareholders on Form 1099-DIV, which will be sent out in early 2024. Nuveen does not provide tax advice; investors should consult a professional tax advisor regarding their specific tax situation.

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 www.nuveen.com/cef.

Shareholders can expect regular distribution information to be posted on www.nuveen.com on the first business day of each month. To ensure that our shareholders have access to the latest information, timely distribution and fund updates can be subscribed to at www.nuveen.com/subscriptions, under the closed-end funds tab of the Product Documents section. You can also follow updates by navigating to the Closed-End Fund section of our Resource Center, located at www.nuveen.com/resource-center.

The following dates apply to today's monthly distribution declarations for the following tax-exempt and taxable closed-end funds:

Record Date	June 15, 2023
Ex-Dividend Date	June 14, 2023
Payable Date	July 3, 2023

			Monthly Distribution Per Share
				Change From
Ticker	Exchange	Fund Name	Amount	Previous Month
NXP	NYSE	Nuveen Select Tax-Free Income Portfolio	$0.0485	-
NUV	NYSE	Nuveen Municipal Value Fund, Inc.	$0.0280	-
NUW	NYSE	Nuveen AMT-Free Municipal Value Fund	$0.0405	-
NMI	NYSE	Nuveen Municipal Income Fund, Inc.	$0.0300	-
NIM	NYSE	Nuveen Select Maturities Municipal Fund	$0.0260	-
NZF	NYSE	Nuveen Municipal Credit Income Fund	$0.0430	-
NMZ	NYSE	Nuveen Municipal High Income Opportunity Fund	$0.0455	-
NAD	NYSE	Nuveen Quality Municipal Income Fund	$0.0380	-
NEA	NYSE	Nuveen AMT-Free Quality Municipal Income Fund	$0.0350	-
NVG	NYSE	Nuveen AMT-Free Municipal Credit Income Fund	$0.0425	-
NMCO	NYSE	Nuveen Municipal Credit Opportunities Fund	$0.0500	-
		California
NAC	NYSE	Nuveen California Quality Municipal Income Fund	$0.0360	-
NKX	NYSE	Nuveen California AMT-Free Quality Municipal Income Fund	$0.0415	-
NCA	NYSE	Nuveen California Municipal Value Fund	$0.0290	-
NXC	NYSE	Nuveen California Select Tax-Free Income Portfolio	$0.0435	-
		New York
NRK	NYSE	Nuveen New York AMT-Free Quality Municipal Income Fund	$0.0345	-
NAN	NYSE	Nuveen New York Quality Municipal Income Fund	$0.0375	-
NXN	NYSE	Nuveen New York Select Tax-Free Income Portfolio	$0.0410	-
NNY	NYSE	Nuveen New York Municipal Value Fund	$0.0280	-
		Other State Funds
NAZ	NYSE	Nuveen Arizona Quality Municipal Income Fund	$0.0325	-
NMT	NYSE	Nuveen Massachusetts Quality Municipal Income Fund	$0.0260	-
NMS	NYSE	Nuveen Minnesota Quality Municipal Income Fund	$0.0360	-
NOM	NYSE	Nuveen Missouri Quality Municipal Income Fund	$0.0255	-
NXJ	NYSE	Nuveen New Jersey Quality Municipal Income Fund	$0.0305	-
NQP	NYSE	Nuveen Pennsylvania Quality Municipal Income Fund	$0.0290	-
NPV	NYSE	Nuveen Virginia Quality Municipal Income Fund	$0.0340	-
			Monthly Distribution Per Share
				Change From
Ticker	Exchange	Fund Name	Amount	Previous Month
		Preferred and Income Securities
JPC	NYSE	Nuveen Preferred & Income Opportunities Fund	$0.0440	-
JPI	NYSE	Nuveen Preferred and Income Term Fund	$0.0980	-
JPS	NYSE	Nuveen Preferred & Income Securities Fund	$0.0380	-
JPT	NYSE	Nuveen Preferred and Income Fund	$0.0930	-
NPFD	NYSE	Nuveen Variable Rate Preferred & Income Fund	$0.0865	-
		Taxable Municipals
NBB	NYSE	Nuveen Taxable Municipal Income Fund	$0.0680	-
		Corporate High Yield Debt
JHAA	NYSE	Nuveen Corporate Income 2023 Target Term Fund	$0.0185	-

Monthly Level Distributions

The goal of each fund’s level distribution program is to provide shareholders with stable, but not guaranteed, cash flow, independent of the amount or timing of income earned or capital gains realized by the funds. Each fund intends to distribute all or substantially all of its net investment income through its regular monthly distribution and to distribute realized capital gains at least annually. In any monthly period, in order to maintain its level distribution amount, each fund may pay out more or less than its net investment income during the period. As a result, regular distributions throughout the year are expected to include net investment income and potentially a return of capital and/or capital gains for tax purposes. 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 the distribution 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 the Fund’s investment performance from the amount of the distribution. A return of capital is a non-taxable distribution of a portion of a Fund’s capital. A distribution including return of capital does not necessarily reflect a Fund’s investment performance and should not be confused with “yield” or “income.”

Record Date	June 15, 2023
Ex-Dividend Date	June 14, 2023
Payable Date	July 3, 2023

			Monthly Distribution Per Share
				Change From
Ticker	Exchange	Fund Name	Amount	Previous Month
		Floating Rate
NSL	NYSE	Nuveen Senior Income Fund	$0.0435	-
JFR	NYSE	Nuveen Floating Rate Income Fund	$0.0745	-
JRO	NYSE	Nuveen Floating Rate Income Opportunity Fund	$0.0740	-
JSD	NYSE	Nuveen Short Duration Credit Opportunities Fund	$0.1110	-
JQC	NYSE	Nuveen Credit Strategies Income Fund	$0.0475	-
		Mortgage-Backed Securities
JMM	NYSE	Nuveen Multi-Market Income Fund	$0.0275	-
JLS	NYSE	Nuveen Mortgage and Income Fund	$0.1230	-
		Global High Yield Debt
JGH	NYSE	Nuveen Global High Income Fund	$0.1035	-

Monthly Managed Distributions

The goal of each fund’s managed distribution program is to provide shareholders relatively consistent and predictable cash flow by systematically converting expected long-term return potential into regular distributions. 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 that time which may be viewed at www.nuveen.com/CEFdistributions. These estimates may not match the final tax characterization contained in shareholders’ 1099-DIV forms after the end of the year.

Under a Managed Distribution policy, Nuveen closed-end funds seek to maintain a stable regular distribution amount that, over the long term, matches the fund’s total distributions paid to its total return. Investors should not draw any conclusions about a fund’s past or future investment performance from its current distribution rate or from the terms of its Managed Distribution Policy.

• Actual returns likely will differ from projected long-term returns, (and therefore a fund’s distribution rate, also), at least over shorter time periods. Over a specific timeframe, a fund’s net asset value will increase (if returns exceed distributions), or decrease (if distributions exceed returns), by the difference between actual returns and total distributions.

• A return of capital is a non-taxable distribution of a portion of the fund’s capital. When a fund’s returns exceed distributions, return of capital may represent portfolio gains earned, but not realized as a taxable capital gain. In periods when a fund’s returns fall short of distributions, it will represent a portion of the investors’ original principal unless the shortfall is offset during other time periods over the life of the investment (previous or subsequent) when the fund’s total return exceeds distributions.

• For additional information about managed distributions, please see Understanding Managed Distributions.

The following dates apply to today's declarations:

Record Date	June 15, 2023
Ex-Dividend Date	June 14, 2023
Payable Date	July 3, 2023

			Monthly Distribution Per Share
				Change From
Ticker	Exchange	Fund Name	Amount	Previous Month
		Real Assets
JRI	NYSE	Nuveen Real Asset Income and Growth Fund	$0.0870	-
		National Municipal
NDMO	NYSE	Nuveen Dynamic Municipal Opportunities Fund	$0.0620	-
		Taxable Fixed Income-Multi-Sector
NPCT	NYSE	Nuveen Core Plus Impact Fund	$0.0830	-

Information regarding each fund’s last 19(a) Distribution Notice (as of April 30, 2023) is also included below. This informational notice provides further details on the sources of fund distributions. The full text of this notice is also available on the Nuveen website via Distribution Source Estimates.

The following tables provide estimates of each 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. For all funds, it is estimated that the funds have distributed more than their income and net realized capital gains; therefore, a portion of their 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 each Fund’s investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report distributions for federal income tax purposes. More details about each Fund’s distributions and the basis for these estimates are available on www.nuveen.com/cef.

Data as of 4/30/2023
	Current Month					Fiscal YTD
		Estimated Sources of Distribution					Estimated Sources of Distribution				Estimated Percentages 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)	.0620	0.0317	0.0000	0.0000	0.0303	0.4300	0.2201	0.0000	0.0000	0.2099	51.2%	0.0%	0.0%	48.8%
JRI (FYE 12/31)	.0870	0.0442	0.0000	0.0000	0.0428	0.3670	0.1866	0.0000	0.0000	0.1804	50.8%	0.0%	0.0%	49.2%
NPCT (FYE 12/31)	.0830	0.0309	0.0000	0.0000	0.0521	0.3720	0.1384	0.0000	0.0000	0.2336	37.2%	0.0%	0.0%	62.8%
1 Net investment income (NII) and capital gain amounts are as of the stated month-end date above.

The following table provides information regarding each fund’s 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 4/30/2023
					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	.0620	.4300	11.03	-4.91%	7.80%	10.79%	3.90%
JRI (FYE 12/31)	Apr-2012	.0870	.3670	13.82	1.49%	7.97%	4.53%	2.66%
NPCT (FYE 12/31)	Apr-2021	.0830	.3720	12.12	-15.90%	9.21%	1.75%	3.07%
1 As a percentage of 4/30/2023 NAV.
2 NPCT and NDMO 5 year return figure reflects the annualized since inception return on NAV

Quarterly Managed Distributions

The goal of each fund’s managed distribution program is to provide shareholders relatively consistent and predictable cash flow by systematically converting expected long-term return potential into regular distributions. 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 that time which may be viewed at www.nuveen.com/CEFdistributions. These estimates may not match the final tax characterization contained in shareholders’ 1099-DIV forms after the end of the year.

Under a Managed Distribution policy, Nuveen closed-end funds seek to maintain a stable regular distribution amount that, over the long term, matches the fund’s total distributions paid to its total return. Investors should not draw any conclusions about a fund’s past or future investment performance from its current distribution rate or from the terms of its Managed Distribution Policy.

• Actual returns likely will differ from projected long-term returns, (and therefore a fund’s distribution rate, also), at least over shorter time periods. Over a specific timeframe, a fund’s net asset value will increase (if returns exceed distributions), or decrease (if distributions exceed returns), by the difference between actual returns and total distributions.
  

• A return of capital is a non-taxable distribution of a portion of the fund’s capital. When a fund’s returns exceed distributions, return of capital may represent portfolio gains earned, but not realized as a taxable capital gain. In periods when a fund’s returns fall short of distributions, it will represent a portion of the investors’ original principal unless the shortfall is offset during other time periods over the life of the investment (previous or subsequent) when the fund’s total return exceeds distributions.
   
• For additional information about managed distributions, please see Understanding Managed Distributions.

The following dates apply to today's declarations:

Record Date	June 15, 2023
Ex-Dividend Date	June 14, 2023
Payable Date	July 3, 2023

			Quarterly Distribution Per Share
				Change From
Ticker	Exchange	Fund Name	Amount	Previous Quarter
		Domestic Equity
JCE	NYSE	Nuveen Core Equity Alpha Fund	$0.3200	-
		Covered Call
DIAX	NYSE	Nuveen Dow 30℠ Dynamic Overwrite Fund	$0.2867	-
BXMX	NYSE	Nuveen S&P 500 Buy-Write Income Fund	$0.2365	-
QQQX	NASDAQ	Nuveen NASDAQ 100 Dynamic Overwrite Fund	$0.4200	-
SPXX	NYSE	Nuveen S&P 500 Dynamic Overwrite Fund	$0.2940	-
		Real Assets
JRS	NYSE	Nuveen Real Estate Income Fund	$0.1700	-
		Multi-Asset
NMAI	NYSE	Nuveen Multi-Asset Income Fund	$0.3000	-

Information regarding each fund’s last 19(a) Distribution Notice (as of February 28, 2023) is also included below. This informational notice provides further details on the sources of fund distributions. The full text of this notice is also available on the Nuveen website via Distribution Source Estimates.

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. It is estimated that JRS, DIAX, JCE and NMAI 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 each Fund’s investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report distributions for federal income tax purposes. More details about each Fund’s distributions and the basis for these estimates are available on www.nuveen.com/cef.

Data as of 2/28/2023
	Current Quarter					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
JRS (FYE 12/31)	.1700	0.0000	0.0000	0.0000	0.1700	0.1700	0.0000	0.0000	0.0000	0.1700	0.0%	0.0%	0.0%	100.0%
QQQX (FYE 12/31)	.4200	0.0113	0.3051	0.1036	0.0000	0.4200	0.0113	0.3051	0.1036	0.0000	2.7%	72.6%	24.7%	0.0%
SPXX (FYE 12/31)	.2940	0.0341	0.2599	0.0000	0.0000	0.2940	0.0341	0.2599	0.0000	0.0000	11.6%	88.4%	0.0%	0.0%
BXMX (FYE 12/31)	.2365	0.0337	0.0264	0.1764	0.0000	0.2365	0.0337	0.0264	0.1764	0.0000	14.3%	11.2%	74.6%	0.0%
DIAX (FYE 12/31)	.2867	0.0503	0.0347	0.0000	0.2017	0.2867	0.0503	0.0347	0.0000	0.2017	17.5%	12.1%	0.0%	70.4%
JCE (FYE 12/31)	.3200	0.0185	0.0000	0.0000	0.3015	0.3200	0.0185	0.0000	0.0000	0.3015	5.8%	0.0%	0.0%	94.2%
NMAI (FYE 12/31)	.3000	0.2252	0.0000	0.0000	0.0748	0.3000	0.2252	0.0000	0.0000	0.0748	75.1%	0.0%	0.0%	24.9%
1 Net investment income (NII) is a projection through the end of the current calendar quarter using actual data through the stated month-end date above. Capital gain amounts are as of the stated date above. JRS owns REIT securities which attribute their distributions to various sources including NII, gains, and return of capital. The estimated per share sources above include an allocation of the NII based on prior year attributions which can be expected to differ from the actual final attributions for the current year.

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 2/28/2023
					Annualized		Cumulative
	Inception Date	Quarterly 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
JRS (FYE 12/31)	Nov-2001	.1700	.1700	8.83	5.38%	7.70%	8.74%	1.93%
QQQX (FYE 12/31)	Jan-2007	.4200	.4200	21.44	5.13%	7.84%	9.33%	1.96%
SPXX (FYE 12/31)	Nov-2005	.2940	.2940	15.38	5.47%	7.65%	3.92%	1.91%
BXMX (FYE 12/31)	Oct-2004	.2365	.2365	12.97	5.35%	7.29%	3.18%	1.82%
DIAX (FYE 12/31)	Apr-2005	.2867	.2867	15.98	3.32%	7.18%	-1.30%	1.79%
JCE (FYE 12/31)	Mar-2007	.3200	.3200	12.44	6.24%	10.29%	3.32%	2.57%
NMAI (FYE 12/31)	Nov-2021	.3000	.3000	13.92	-13.96%	8.62%	3.80%	2.16%
1 As a percentage of 2/28/2023 NAV.
2 NMAI 5 year return figure reflects the annualized since inception return on NAV

Nuveen is a leading sponsor of closed-end funds (CEFs) with $54 billion of assets under management across 54 CEFs as of 31 Mar 2023. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs. 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

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 $1.1 trillion in assets under management as of 31 Mar 2023 and operations in 27 countries. Its investment specialists 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.

Nuveen Securities, LLC, member FINRA and SIPC.

The information contained on the Nuveen website is not a part of this announcement.

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.

Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statement.

Income may be subject to state and local taxes, as well as the federal alternative minimum tax. Capital gains, if any, are subject to capital gains tax.

EPS- 2931397PR-E0623W

View source version on businesswire.com: https://www.businesswire.com/news/home/20230601005090/en/

Financial Professionals:

800-752-8700

Investors:

800-257-8787

Media:

media-inquiries@nuveen.com

Source: Nuveen