Two Nuveen Closed-End Funds Announce Optional Redemption Price on MuniFund Term Preferred Shares

CHICAGO--()--Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the optional redemption price payable on the MuniFund Term Preferred (MTP) shares called for redemption by two municipal bond closed-end funds. As previously announced, the funds will redeem all of their outstanding MTP shares on April 11, 2014. The optional redemption price includes the liquidation preference of $10.00 per MTP share plus an additional amount equal to all unpaid dividends and distributions accumulated to (but excluding) the optional redemption date of April 11, 2014.

Ticker

 

MuniFund Term Preferred

 

Optional Redemption

Price Per Share

 
NRK PrC Nuveen New York AMT-Free Municipal Income Fund MTP 10.00708333
NZF PrC Nuveen Dividend Advantage Municipal Fund 3 MTP 10.00777778
 

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, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and subsidiaries of Nuveen Investments, Inc. Funds distributed by Nuveen Securities, LLC., a subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments managed nearly $221 billion as of December 31, 2013. For more information, please visit the Nuveen Investments website at www.nuveen.com.

Contacts

Nuveen Investments
Media Contact:
Kathleen Cardoza
(312) 917-7813
KATHLEEN.CARDOZA@NUVEEN.COM

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Contacts

Nuveen Investments
Media Contact:
Kathleen Cardoza
(312) 917-7813
KATHLEEN.CARDOZA@NUVEEN.COM