Nuveen Closed-End Funds Declare Monthly Distributions

CHICAGO--(BUSINESS WIRE)--Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 96 Nuveen closed-end funds declared regular monthly distributions. These funds represent a broad range of tax-exempt, taxable fixed and floating rate income investment strategies for investors seeking to build sophisticated and diversified long-term investment portfolios for cash flow. The funds’ monthly distributions are listed below.

The following dates apply to today's distribution declarations for the following Closed-End Funds:

Record Date	January 15, 2013
Ex-Dividend Date	January 11, 2013
Payable Date	February 1, 2013
Reinvest Date	February 1, 2013

		Monthly Tax-Free Distribution Per Share
			Change From
		Amount	Previous Month
Ticker	Closed-End Portfolios
NXP	Select Portfolio	$.0525	-
NXQ	Select Portfolio 2	.0525	-
NXR	Select Portfolio 3	.0550	-
NXC	CA Select Portfolio	.0570	-
NXN	NY Select Portfolio	.0545	-
	Non-Leveraged Funds
NUV	Municipal Value	.0370	-
NUW	Municipal Value 2	.0670	-
NCA	CA Municipal Value	.0390	-
NNY	NY Municipal Value	.0330	-
NMI	Municipal Income	.0475	-
NIM	Select Maturities	.0295	-
NYV	NY Municipal Value 2	.0560	-
NCB	CA Municipal Value 2	.0650	-
NJV	NJ Municipal Value	.0520	-
NPN	PA Municipal Value	.0530	-
	Leveraged Funds
	National
NPI	Premium Income	.0720	-
NPP	Performance Plus	.0770	-
NMA	Advantage	.0710	-
NMO	Market Opportunity	.0670	-
NQM	Investment Quality	.0800	-
NQI	Quality Municipal	.0730	-
NQS	Select Quality	.0710	-
NQU	Quality Income	.0700	-
			Change From
		Amount	Previous Month
NIO	Municipal Opportunity	.0730	-
NPF	Premier	.0700	-
NIF	Premier Municipal Opportunity	.0720	-
NPM	Premium Income 2	.0720	-
NPT	Premium Income 4	.0680	-
NPX	Premium Income Municipal Opportunity	.0620	-
NAD	Dividend Advantage	.0730	-
NXZ	Dividend Advantage 2	.0670	-
NZF	Dividend Advantage 3	.0660	-
NVG	Dividend Advantage Municipal	.0690	-
NEA	AMT-Free Municipal Income	.0680	-
NMZ	High Income Opportunity Fund	.0730	-
NMD	High Income Opportunity Fund 2	.0655	-
NEV	Enhanced Municipal Value Fund	.0800	-
	California
NKX	CA AMT-Free Municipal Income	.0700	-
NCP	Performance Plus	.0790	-
NCO	Market Opportunity	.0800	-
NQC	Investment Quality	.0770	-
NVC	Select Quality	.0830	-
NUC	Quality Income	.0850	-
NCU	Premium Income	.0700	-
NAC	Dividend Advantage	.0740	-
NVX	Dividend Advantage 2	.0750	-
NZH	Dividend Advantage 3	.0670	-
	New York
NNP	Performance Plus	.0710	-
NQN	Investment Quality	.0690	-
NVN	Select Quality	.0725	-
NUN	Quality Income	.0700	-
NNF	Premium Income Municipal	.0695	-
NAN	Dividend Advantage	.0630	-
NXK	Dividend Advantage 2	.0630	-
NKO	Dividend Advantage Income	.0650	-
NRK	AMT-Free Municipal Income	.0570	-
	Other State Funds
NAZ	AZ Premium Income	.0640	-
NFZ	AZ Dividend Advantage	.0610	-
NKR	AZ Dividend Advantage 2	.0640	-
NXE	AZ Dividend Advantage 3	.0580	-
NTC	CT Premium Income	.0570	-
NKG	GA Dividend Advantage 2	.0560	-
NMT	MA Premium Income	.0590	-
NMB	MA Dividend Advantage	.0570	-
NGX	Insured MA Tax-Free Advantage	.0480	-
NMY	MD Premium Income	.0640	-
NOM	MO Premium Income	.0610	-
NNC	NC Premium Income	.0550	-
NQJ	NJ Investment Quality	.0670	-
NNJ	NJ Premium Income	.0710	-
NXJ	NJ Dividend Advantage	.0580	-
			Change From
		Amount	Previous Month
NUJ	NJ Dividend Advantage 2	.0600	-
NUO	OH Quality Income	.0800	-
NXI	OH Dividend Advantage	.0650	-
NBJ	OH Dividend Advantage 2	.0650	-
NVJ	OH Dividend Advantage 3	.0660	-
NQP	PA Investment Quality	.0740	-
NPY	PA Premium Income 2	.0700	-
NXM	PA Dividend Advantage	.0630	-
NVY	PA Dividend Advantage 2	.0700	-
NTX	TX Quality Income	.0610	-
NPV	VA Premium Income	.0620	-
		Monthly Taxable Distribution Per Share
	Closed-End Funds:		Change From
Ticker	Taxable Funds	Amount	Previous Month
	Preferred Securities
JTP	Quality Preferred Income Fund	.0500	-
JPS	Quality Preferred Income Fund 2	.0550	-
JHP	Quality Preferred Income Fund 3	.0520	-
JPC	Preferred Income Opportunities Fund	.0633	-
JPI	Preferred and Income Term Fund	.1690	-
	Floating Rate: Corporate Loans
NSL	Senior Income Fund	.0455	-
JFR	Floating Rate Income Fund	.0760	-
JRO	Floating Rate Income Opportunity Fund	.0800	-
JSD	Short Duration Credit Opportunities Fund	.1320	-
JQC	Credit Strategies Income Fund	.0692	-
	Mortgage-Backed Securities
JLS	Mortgage Opportunity Term Fund	.1725	-
JMT	Mortgage Opportunity Term Fund 2	.1725	-
	Taxable Municipal
NBB	Build America Bond Fund	.1110	-
NBD	Build America Bond Opportunity Fund	.1085	-

The following dates apply to today's distribution declarations for the following MTP Shares:

Record Date		January 15, 2013
Ex-Dividend Date		January 11, 2013
Payable Date		February 1, 2013
Ticker	MuniFund Term Preferred		Monthly Tax-Free Distribution Per Share
NAD PrC	Nuveen Dividend Advantage Municipal Fund MTP		.022500
NAN PrC	Nuveen New York Dividend Advantage Municipal Fund MTP		.022500
NAN PrD	Nuveen New York Dividend Advantage Municipal Fund MTP		.020833
NBJ PrA	Nuveen Ohio Dividend Advantage Municipal Fund 2 MTP		.019583
NCU PrC	Nuveen California Premium Income Municipal Fund MTP		.016667
NEA PrC	Nuveen Insured Tax-Free Advantage Municipal Fund MTP		.023750
NFZ PrC	Nuveen Arizona Dividend Advantage Municipal Fund MTP		.017083
NGX PrC	Nuveen Insured Mass. Tax-Free Advantage Municipal Fund MTP		.022083
NKG PrC	Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP		.022083
NKG PrD	Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP		.022083
NKG PrE	Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP		.022083
NKR PrC	Nuveen Arizona Dividend Advantage Municipal Fund 2 MTP		.017083
NMB PrC	Nuveen Massachusetts Dividend Advantage Municipal Fund MTP		.021667
NMT PrC	Nuveen Massachusetts Premium Income Municipal Fund MTP		.022083
NMT PrD	Nuveen Massachusetts Premium Income Municipal Fund MTP		.022917
NMY PrC	Nuveen Maryland Premium Income Municipal Fund MTP		.022083
NMY PrD	Nuveen Maryland Premium Income Municipal Fund MTP		.024167
NNC PrC	Nuveen North Carolina Premium Income Municipal Fund MTP		.022083
NNC PrD	Nuveen North Carolina Premium Income Municipal Fund MTP		.021667
NNC PrE	Nuveen North Carolina Premium Income Municipal Fund MTP		.021667
NNC PrF	Nuveen North Carolina Premium Income Municipal Fund MTP		.021667
NNC PrG	Nuveen North Carolina Premium Income Municipal Fund MTP		.022083
NOM PrC	Nuveen Missouri Premium Income Municipal Fund MTP		.017500
NPV PrA	Nuveen Virginia Premium Income Municipal Fund MTP		.018750
NPV PrC	Nuveen Virginia Premium Income Municipal Fund MTP		.022083
NRK PrC	Nuveen Insured New York Tax Free Advantage Municipal Fund MTP		.021250
NTC PrC	Nuveen Connecticut Premium Income Municipal Fund MTP		.022083
NTC PrD	Nuveen Connecticut Premium Income Municipal Fund MTP		.021250
NTC PrE	Nuveen Connecticut Premium Income Municipal Fund MTP		.021667
NTC PrF	Nuveen Connecticut Premium Income Municipal Fund MTP		.021667
NTC PrG	Nuveen Connecticut Premium Income Municipal Fund MTP		.022083
NTX PrC	Nuveen Texas Quality Income Municipal Fund MTP		.019167
NUJ PrC	Nuveen New Jersey Dividend Advantage Municipal Fund 2 MTP		.016667
NVG PrC	Nuveen Insured Dividend Advantage Municipal Fund MTP		.024583
NVJ PrA	Nuveen Ohio Dividend Advantage Municipal Fund 3 MTP		.019583
NVX PrA	Nuveen California Dividend Advantage Municipal Fund 2 MTP		.019583
NVX PrC	Nuveen California Dividend Advantage Municipal Fund 2 MTP		.017083
NVY PrC	Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 MTP		.017917
NXE PrC	Nuveen Arizona Dividend Advantage Municipal Fund 3 MTP		.024167
NXI PrC	Nuveen Ohio Dividend Advantage Municipal Fund MTP		.019583
NXI PrD	Nuveen Ohio Dividend Advantage Municipal Fund MTP		.024583
NXJ PrA	Nuveen New Jersey Dividend Advantage Municipal Fund MTP		.019167
NXK PrC	Nuveen New York Dividend Advantage Municipal Fund 2 MTP		.021250
NXM PrC	Nuveen Pennsylvania Dividend Advantage Municipal Fund MTP		.017500
NZF PrC	Nuveen Dividend Advantage Municipal Fund 3 MTP		.023333
NZH PrA	Nuveen California Dividend Advantage Municipal Fund 3 MTP		.019583
NZH PrB	Nuveen California Dividend Advantage Municipal Fund 3 MTP		.018750
NZH PrC	Nuveen California Dividend Advantage Municipal Fund 3 MTP		.024583
NMY PrG	Nuveen Maryland Premium Income Municipal Fund MTP		.022083
NMY PrE	Nuveen Maryland Premium Income Municipal Fund MTP		.021667
NMY PrF	Nuveen Maryland Premium Income Municipal Fund MTP		.021667
NMY PrH	Nuveen Maryland Premium Income Municipal Fund MTP		.023750
NPV PrD	Nuveen Virginia Premium Income Municipal Fund MTP		.023333
NPV PrE	Nuveen Virginia Premium Income Municipal Fund MTP		.023333

Monthly distributions from Nuveen's municipal closed-end funds and portfolios are generally exempt from regular Federal income taxes, and monthly distributions of single-state municipal funds and portfolios are also exempt from state and, in some cases, local income taxes for in-state residents. Unless otherwise stated in the funds' objectives, monthly distributions of the municipal funds and portfolios may be subject to the Federal Alternative Minimum Tax for some shareholders.*

All of Nuveen’s closed-end funds seek to pay stable distributions at rates that reflect each fund’s past results and projected future performance. During certain periods, each fund may pay distributions at a rate that may be more or less than the amount of net investment income actually earned by the fund during the period. If a fund cumulatively earned more than it has paid in distributions, it holds the excess in reserve as undistributed net investment income (UNII) as part of the fund’s net asset value (NAV). Conversely, if a fund has cumulatively paid distributions in excess of its earnings, the excess constitutes negative UNII that is likewise reflected in the fund’s NAV. Each fund will, over time, pay all of its net investment income as distributions to shareholders. The funds’ positive or negative UNII balances are disclosed from time to time in their periodic shareholder reports, and are also on www.nuveen.com/cef

In addition, distributions for certain funds investing in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to each fund after year-end by REIT securities held by each fund. The Nuveen preferred securities funds, JTP, JPS and JHP may invest in REITs; a list of funds that are likely to be affected by re-characterization is posted to www.nuveen.com each January, and updated tax characteristics are posted to the web site and mailed to shareholders via form 1099-DIV during the first quarter of the year.

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.

*Nuveen does not provide tax advice; consult a professional tax advisor regarding your specific tax situation.