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Two Nuveen Municipal Closed-End Funds Declare First Post-Merger Monthly Distributions

April 12, 2016 6:06 PM EDT

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

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

Source: Nuveen Investments



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