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Newly Merged Nuveen Closed-End Funds Declare Post-Merger Distributions

Stocks in this article: NMY NPV PRE PRF

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the Nuveen Maryland Premium Income Municipal Fund (NYSE: NMY) and Nuveen Virginia Premium Income Municipal Fund (NYSE: NPV) 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 August 6, 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 July 24, 2012 payable October 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.

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

Record Date   August 16, 2012  
Ex-Dividend Date August 14, 2012
Payable Date October 1, 2012
Reinvest Date October 1, 2012 Distribution Per Share
Tax Exempt
Amount

Ticker

Closed-End Portfolios

NMY Nuveen Maryland Premium Income Municipal Fund .0438
NPV Nuveen Virginia Premium Income Municipal Fund .0188
 

In addition, Muni-Term Preferred (MTP) shares of acquired funds were replaced by newly issued shares of MTP from the acquiring fund with substantially similar terms. The initial distribution for these new MTP shares is prorated for the period August 6, 2012 through August 31, 2012.

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