Several Nuveen Closed-End Funds Declare Capital Gains

CHICAGO--(BUSINESS WIRE)--Nuveen Investments, a leading global provider of investment services to institutions, as well as individual investors, today announced that three closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date outlined below.

The following dates apply to today’s distribution declarations:

Record Date	November 21, 2012
Ex-Dividend Date	November 19, 2012
Payable Date	December 3, 2012
Reinvest Date	December 3, 2012

		Amount Per Share
		Ordinary	Short Term	Long-Term
		Income	Capital Gain	Capital Gain
Ticker	Closed-End Fund
NCA	CA Municipal Value	$0.0020	-	-
NCB	CA Municipal Value 2	$0.0051	-	$0.0133
NKX	CA AMT-Free Municipal Income	-	-	$0.0160

Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, Symphony Asset Management, NWQ Investment Management Company, Santa Barbara Asset Management, Tradewinds Global Investors, Winslow Capital Management, and Gresham Investment Management. In total, Nuveen Investments managed approximately $220 billion as of September 30, 2012. For more information, please visit the Nuveen Investments website at www.nuveen.com.