Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the Nuveen Connecticut Premium Income Municipal Fund, Nuveen Georgia Dividend Advantage Municipal Fund 2 and Nuveen North Carolina Premium Income Municipal Fund have each declared an additional, post-merger distribution. This distribution follows the recently announced merger for each fund, which was successfully completed before the market open on July 9, 2012 (click here for merger announcement).
The distribution amounts declared below ensure that shareholders will not experience a reduced monthly tax-exempt distribution amount. When combined with pre-merger distributions, declared June 26, 2012 payable August 1, 2012, all shareholders from funds participating in these mergers will receive a total dollar amount equal to or greater than the tax-exempt income declared by their original fund in the previous month. To view the pre-merger dividend declaration, please click here.
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.*
The following dates apply to today's distribution declarations for the following Closed-End Funds:
|Record Date||July 19, 2012|
|Ex-Dividend Date||July 17, 2012|
|Payable Date||August 1, 2012|
|Reinvest Date||August 1, 2012||Distribution Per Share|
Nuveen Connecticut Premium Income Municipal Fund
Nuveen Georgia Dividend Advantage Municipal Fund 2
Nuveen North Carolina Premium Income Municipal Fund