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

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 two funds will redeem all of their outstanding MTP shares on October 7, 2013. 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 October 7, 2013.

Ticker
 

MuniFund Term Preferred
 

Optional RedemptionPrice Per Share
NUO PrA Nuveen Ohio Quality Income Municipal Fund MTP $10.00391667
NUO PrC Nuveen Ohio Quality Income Municipal Fund MTP $10.00391667
NUO PrD Nuveen Ohio Quality Income Municipal Fund MTP $10.00491667
NZH PrA Nuveen California Dividend Advantage Municipal Fund 3 MTP $10.00391667
NZH PrB Nuveen California Dividend Advantage Municipal Fund 3 MTP $10.00375000
NZH PrC Nuveen California Dividend Advantage Municipal Fund 3 MTP $10.00491667

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 approximately $216 billion as of June 30, 2013. For more information, please visit the Nuveen Investments website at www.nuveen.com.

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