|Record Date||December 15, 2016|
|Ex-Dividend Date||December 13, 2016|
|Payable Date||December 30, 2016|
|Reinvest Date||December 30, 2016|
|Quarterly Distribution Per Share|
|Ticker||Exchange||Closed-End Funds:||Amount||Previous Quarter|
|JRS||NYSE||Real Estate Income Fund||$.2500||-|
- Actual returns likely will differ from projected long-term returns, (and therefore a fund's distribution rate, also), at least over shorter time periods. Over a specific timeframe, a fund's net asset value will increase (if returns exceed distributions), or decrease (if distributions exceed returns), by the difference between actual returns and total distributions.
- A return of capital is a non-taxable distribution of a portion of the fund's capital. When fund returns exceed distributions, return of capital may represent portfolio gains earned, but not realized as a taxable capital gain. In periods when fund returns fall short of distributions, it will represent a portion of your original principal unless the shortfall is offset during other time periods over the life of your investment (previous or subsequent) when the fund's total return exceeds distributions.
- For additional information about managed distributions, please see Understanding Managed Distributions.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. More details about the Fund's distributions and the basis for these estimates are available on www.nuveen.com/cef .
|Data as of 8/31/2016|
|Estimated Per Share Sources of Distribution 1||Estimated Percentage of the Distribution|
|Per Share||Long-Term||Short-Term||Return of||Long-Term||Short-Term||Return of|
|JRS (FYE 12/31)||Distribution||NII||Gains||Gains||Capital||NII||Gains||Gains||Capital|
|1 Net investment income (NII) is a projection through the end of the current calendar quarter using actual data through the stated month-end date above. Capital gain amounts are as of the stated date above. JRS owns REIT securities which attribute their distributions to various sources including NII, gains, and return of capital. The NII estimates above are based on prior year attributions which can be expected to differ from the actual final attributions for the current year.|
|Data as of 8/31/2016|
|JRS (FYE 12/31)||Quarterly||Fiscal YTD||Net Asset||5-Year||Fiscal YTD||Fiscal YTD||Fiscal YTD|
|Inception Date||Distribution||Distributions||Value||Return on NAV||Dist Rate on NAV 1||Return on NAV||Dist Rate on NAV 1|
|1 As a percentage of 8/31/16 NAV.|