Two Nuveen Municipal Closed-End Funds Declare First Post-Merger Monthly Distributions
CHICAGO--(BUSINESS WIRE)-- Nuveen Investments, a leading global provider of investment services to individual investors and their financial advisors, today announced that Nuveen Enhanced Municipal Credit Opportunities Fund (NYSE: NZF) and Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund (NYSE: NVG) have each declared their first post-merger monthly distributions. The distribution amounts reflect the funds’ new investment mandates and initial progress in transitioning to those mandates.
The following dates apply to today’s distribution declarations:
| Record Date: | May 13, 2016 | |||||||||||
| Ex-Dividend Date: | May 11, 2016 | |||||||||||
| Payable Date: | June 1, 2016 | |||||||||||
| Reinvest Date: | June 1, 2016 | |||||||||||
|
Ticker |
Fund Name |
Tax-Exempt Distribution Per Share |
Annualized Yield on Market Value* |
|||||||||
| NZF | Nuveen Enhanced Municipal Credit Opportunities Fund | $.0760 | 6.01% | |||||||||
| NVG | Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund | $.0760 | 5.96% |
*Monthly distribution amount, annualized, divided by closing market price on April 11, 2016.
Nuveen provides investment solutions designed to help secure the long-term goals of individual investors and the financial advisors who serve them. Through the expertise and capabilities of its high-caliber investment managers, the firm is committed to providing world-class consultative services and advice that align with client needs. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen Investments is an operating division of TIAA Global Asset Management. In total, Nuveen Investments managed approximately $225 billion as of December 31, 2015. For more information, please visit the Nuveen Investments website at www.nuveen.com.
15222-INV-O-04/18
View source version on businesswire.com: http://www.businesswire.com/news/home/20160412006818/en/
Nuveen Investments
Media Contact:
Kristyna Munoz
(312)
917-8343
[email protected]
Source: Nuveen Investments
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