Nuveen New York Municipal Closed-End Funds Declare Distributions

CHICAGO--(BUSINESS WIRE)-- Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced distributions for three Nuveen New York municipal closed-end funds. The specific distribution dates and amounts are detailed below. As previously announced, the shareholders of these funds have approved a merger intended to create a larger fund with lower operating expenses and increased trading volume for common shares.

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

	Record Date		June 5, 2015
	Ex-Dividend Date		June 3, 2015
	Payable Date		July 1, 2015
	Reinvest Date		July 1, 2015
					Per Share Distribution Amount
					Tax-Exempt
	Ticker		Fund Name		Income
	NAN		NY Dividend Advantage Municipal Fund		$.0650
	NNP		NY Performance Plus Municipal Fund		$.0790
	NXK		NY Dividend Advantage Municipal Fund 2		$.1098

Regulations require that acquired funds in any reorganization fully distribute any accumulated undistributed net investment income (UNII) prior to effecting the reorganization.

For more information about UNII, each fund, and the shareholder-approved reorganization, please visit http://www.nuveen.com/CEF.

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 independent investment subsidiaries of Nuveen Investments, Inc. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen Investments operates as a separate subsidiary within TIAA-CREF, which is a leading provider of retirement and financial services in the academic, research, medical and cultural fields. In total, Nuveen Investments managed approximately $233 billion as of March 31, 2015. For more information, please visit the Nuveen Investments website at www.nuveen.com.

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 statements.

8263-INV-O-05/16

View source version on businesswire.com: http://www.businesswire.com/news/home/20150526006213/en/

Nuveen Investments
Media Contact:
Kristyna Munoz, (312) 917-8343
[email protected]

Source: Nuveen Investments

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