CORRESP 1 filename1.htm SEC Response Letter

April 16, 2010

Ms. Christina DiAngelo

U.S. Securities and Exchange Commission

450 5th Street, NW

Washington, D.C. 20549

Re: Nuveen Closed-End and Open-End Funds - Sarbanes Oxley Review

Dear Christina:

This letter addresses your comments provided in a telephone discussion on September 29, 2009. Each comment is shown below followed by our response. Unless otherwise noted, the responses relate to all funds listed on Appendix A attached hereto.

 

1) Comment: (a) 479 Letters – Nuveen was recently sent 479 letters regarding de-registering funds no longer in existence. Please de-register funds identified within letter.

Response: 1(a) We have received the correspondence from the staff and we have prepared and submitted correspondence to the U.S. Securities and Exchange Commission (“SEC”) via IDEA seeking to withdraw the Securities Act registration statements that were pending for the funds identified by the staff. In addition, we have also identified several others funds for which we filed to withdraw pending registration statements prior to filing a Form N-8F for each of those funds. Finally, we have filed a Form N-8F for each of the funds covered by the staff’s correspondence as well as the additional funds identified by us as detailed in the table below.

 

Fund Name

    CIK    Date
withdrawal
filed with SEC		    Date N-8F
filed with
SEC

Nuveen North Carolina Municipal Value Fund

    0001461194    12-3-2009    3-9-2010

Nuveen High Income Municipal Fund

    0001464620    12-3-2009    3-9-2010

Nuveen Virginia Municipal Value Fund

    0001461195    12-3-2009    3-9-2010

Nuveen Ohio Municipal Value Fund

    0001461196    12-3-2009    3-9-2010

Nuveen Massachusetts Municipal Value Fund

    0001461193    12-3-2009    3-9-2010

Nuveen Maryland Municipal Value Fund

    0001461192    12-3-2009    3-9-2010

Nuveen Connecticut Municipal Value Fund

    0001461191    12-3-2009    3-9-2010

Nuveen High Grade Municipal Income Fund

    0001461189    12-3-2009    3-9-2010

Fund Name

    CIK    Date
withdrawal
filed with SEC		    Date N-8F
filed with
SEC

Nuveen Multistate Shell Trust

    0001018970    12-17-2009    3-9-2010

Nuveen Investment Trust IV

    0001071680    12-3-2009    3-9-2010

Nuveen Credit Strategies Fund

    0001412349    12-3-2009    3-9-2010

Nuveen Symphony Market Neutral Fund

    0001209540    12-3-2009    3-9-2010

Nuveen Connecticut Municipal Income Opportunity Fund

    0001424452    12-3-2009    3-9-2010

Nuveen Multi-Currency Income Fund

    0001400390    12-3-2009    3-9-2010

Nuveen Municipal High Income Advantage Fund, formerly called Nuveen Municipal High Income Opportunity Fund 3

    0001424214    12-3-2009    3-9-2010

Nuveen Washington Premium Income Fund

    0000897420    N/A    12/16/2009

Nuveen Floating Rate Fund

    0001093189    N/A    1/27/2010

Comment: (b) Two Nuveen funds – Nuveen Floating Rate Fund (Reg. No. 811-09553) and Nuveen Washington Premium Income Municipal Fund (Reg. No. 811-07488) – have apparently ceased operations, but in fact have continued to file their semi-annual reports on Form N-SARs, although they have not continued to file their annual report of proxy votes on Form N-PX. Assuming that these funds in fact have ceased operations, the SEC staff requests that these funds do two things:

 

  a. File for termination of their 1940 Act registration on Form N-8F; and

 

  b. File all the missed Form N-PXs.

Response: 1(b) The SEC staff is correct that each of these funds ceased operations, the former on May 28, 2003, and the latter on September 9, 1999. We have obtained the necessary data and filed a Form N-8F for each of these funds as outlined in the table below. In addition we will also file the Form N-PXs for each fund going back to the date of the first required filing under that Form after its adoption.

 

Fund Name

    CIK    Date N-8F
filed with
SEC

Nuveen Washington Premium Income Fund

    0000897420    12/16/2009

Nuveen Floating Rate Fund

    0001093189    1/27/2010

 

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2) Comment: Amendments to filings made pursuant to Rule 17g-1 on Form 40-17/G should be identified on EDGAR with the filing type 40-17G/A.

Response: The funds will identify such filings in the future as requested.

 

3) Comment: Item 8 of Form N-CSR requires that closed-end funds, in their annual N-CSR filing, describe the compensation structure for all named Portfolio Managers of the fund or funds included in the filing. Specifically, Item 8(a)(3) reads in pertinent part as follows:

Describe the structure of, and the method used to determine, the compensation of each Portfolio Manager . . . . For each type of compensation (e.g., salary, bonus, deferred compensation, retirement plans and arrangements), describe with specificity the criteria on which that type of compensation is based, for example, whether compensation is fixed, whether (and, if so, how) compensation is based on the registrant’s pre- or after-tax performance over a certain time period, and whether (and, if so, how) compensation is based on the value of assets held in the registrant’s portfolio. For example, if compensation is based solely or in part on performance, identify any benchmark used to measure performance and state the length of the period over which performance is measured.

Instruction 3 to Item 8(a)(3) reads, in pertinent part:

This description must clearly disclose any differences between the method used to determine the Portfolio Manager’s compensation with respect to the registrant and other accounts, e.g., if the Portfolio Manager receives part of an advisory fee that is based on performance with respect to some accounts but not the registrant, this must be disclosed.

The SEC staff stated that the disclosure about the structure of Portfolio Manager compensation for several funds was inadequate, and needed more detail. The staff gave examples of several of those funds, including:

 

  •  

Nuveen Diversified Dividend and Income Fund (JDD)

 

  •  

Nuveen Tax-Advantaged Total Return Strategy Fund (JTA)

 

  •  

Nuveen Floating Rate Income Fund (JFR)

 

  •  

Nuveen Floating Rate Income Opportunity Fund (JRO)

 

  •  

Nuveen Senior Income Fund (NSL)

 

  •  

Nuveen Equity Premium Income Fund (JPZ)

 

  •  

Nuveen Equity Premium Opportunity Fund (JSN)

 

  •  

Nuveen Equity Premium Advantage Fund (JLA)

 

  •  

Nuveen Equity Premium and Growth Fund (JPG)

Response: We have initiated a review of the Portfolio Manager compensation disclosure in our N-CSRs and Statements of Additional Information. As various types of filings for these and other Nuveen funds are made, we have undertaken to revise and expand the Portfolio Manager compensation discussion where appropriate and we will continue to do so as new filings are made.

Although we are near the beginning of the twelve-month cycle over which this disclosure will be reviewed and revised, we have found already that it is often not easy to expand the disclosure in a meaningful way, despite the specificity of the Form requirements quoted above. For example, in October we reviewed the Portfolio Manager compensation disclosure for several equity funds managed by Nuveen affiliate, Symphony Asset Management (“SAM”). We held several lengthy

 

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discussions with the staff of SAM to better understand their compensation-setting process, and to turn our understanding into disclosure that fully responded to the Form requirements. In that discussion, it became clear to the lawyers responsible for drafting the disclosure that SAM’s actual compensation-setting mechanism was highly subjective, and was not really susceptible to the sort of criteria-specific disclosure required by the Form. For example, investment performance relative to a benchmark is not a specific criterion for compensation-setting by SAM. So, while we did revise and expand the disclosure in an attempt to respond to the Form requirements and to provide the reader with some additional insight into the compensation-setting process, it does not contain all the specific items mentioned in the rule and the instructions thereto, simply because those items do not apply in that case. That disclosure, contained in the post-effective amendment filing on November 2, 2009, for Nuveen Investment Trust, SEC Accession No. 0001193125-09-219820, is as follows:

SAM investment professionals receive competitive base salaries and annual bonus payments. Base salaries are determined by SAM’s senior management and reviewed periodically to ensure competitiveness with comparable positions at similar asset management firms. The bonus pool is based in part on SAM’s aggregate management fees which include asset based fees and, for some firm clients (other than mutual funds) performance fees. An investment professional’s bonus compensation is not based on any fixed formula, but is determined by senior management on a discretionary basis, based on senior management’s assessment of the individual professional’s contribution to the firm’s revenue, as well as his or her individual work performance, contribution to the investment team, strategy performance, and overall firm performance. In addition, SAM’s investment professionals may participate in long-term incentive plans which are tied to ongoing year-over-year firm performance, profitability and growth.

One complicating factor for the Nuveen funds and this Portfolio Manager compensation disclosure is that the Nuveen funds, of which there are over 200, are managed by fourteen different advisory entities, including affiliates Nuveen Asset Management, Symphony Asset Management, Santa Barbara Asset Management, NWQ Investment Management Company, Tradewinds Global Investors, LLC, Winslow Capital Management, Nuveen Investment Solutions, and Nuveen HydePark Group; and non-affiliates Spectrum Asset Management, Institutional Capital Corporation, Gateway Investment Advisers LLC, Wellington Management Company, LLP, Security Capital Research and Management, Inc., and INTECH Investment Management. Each of these entities has their own compensation-setting arrangements, which are in effect entirely independent of each other, and those arrangements vary widely from firm to firm (and sometimes there are variances between or among different investment teams within an organization). Therefore, there will be little or no commonality between and among the compensation disclosures for each of these entities.

 

4) Comment: In the Annual Investment Management Agreement Approval Process sections of shareholder reports, consider increasing the specificity as to what the Board is approving and whether they believe such approvals to be reasonable/satisfactory.

Response: In the next annual approval of each fund’s investment management agreement, we will work with counsel to the independent trustees of the funds to prepare and submit with the next shareholder report for each fund more specific information as to the factors considered and deemed

 

4

relevant by the trustees. The process for the trustees’ consideration of the next annual contract renewals began earlier this spring, with a final determination expected to be made by the Board at a regular scheduled meeting at the end of May. The updated disclosure will then be included in the next succeeding shareholder report issued by each fund.

 

5) Comment: In the prospectuses for the Nuveen mutual funds, custodian fee credits should not be presented as a separate line item within the fee tables.

Response: Custodian fee credits have been removed from the fee table presentations.

 

6) Comment: In the Symphony International Equity Fund prospectus dated November 28, 2009, footnote 9 states that “Other Expenses” have been restated. Please explain what has been restated and why.

Response: Nuveen Symphony International Equity Fund commenced operations on May 30, 2008; therefore, the expense ratios presented in the annual report represented only 63 days of operations. “Other Expenses” and “Total Annual Fund Operating Expenses” were restated to better reflect anticipated expenses of the Fund. “Custodian Fee Credits” were not presented and “Fee Waivers and Expense Reimbursements” were restated in order to reflect the impact of the restated “Other Expenses” while keeping “Total Annual Fund Operating Expenses – Net” at the Fund’s expense limit of 1.13% (plus class specific 12b-1 fees where applicable) which is in effect through November 30, 2011.

 

7) Comment: In the prospectuses for the Nuveen mutual funds (for example, on page 3 of the prospectus for the funds that are a series of Nuveen Municipal Trust), the Class C Shares are described, in footnote 10, as being subject to a contingent deferred sales charge (“CDSC”) of 1% if redeemed “within less than one year of purchase,” but in the 1-Year line in the expense example the CDSC is not reflected in the expense figure. Please explain why the 1-Year CDSC is not reflected in the 1-Year expense figure in that table.

Response: As discussed during the call, the CDSC for the Nuveen mutual funds operates such that if a shareholder’s holding period prior to a redemption is for an entire period in question (in this case, one year), the CDSC percentage that applies to the redemption is reduced to the percentage applicable to the next longest holding period. In the case of Class C Shares, which imposes a CDSC where the holding period is within one year but not for longer periods, once the shares are held for an entire year there is no CDSC.

 

8) Comment: In the semi-annual report dated January 31, 2009, for Enhanced Multi-Strategy Managed Accounts Portfolio, the Fund’s portfolio of investments has more than 60% invested in mortgage-backed securities. Consider enhancing prospectus disclosures regarding policies around investment concentration.

Response: The following disclosure was added to the Fund’s prospectus under the heading “Principal Investment Strategies” during the most recently completed annual update (see post-effective amendment filing on November 27, 2009, for Nuveen Managed Accounts Portfolios Trust, SEC Accession No. 0001193125-09-243275):

 

5

“In addition, the Portfolio may invest a substantial portion of its assets in mortgage-backed securities, including U.S. agency mortgage-backed securities and commercial mortgage-backed securities.”

In addition, the risk disclosure discussing the risk related to mortgage-backed securities has been revised to indicate that a substantial portion of the fund’s assets may be invested in such securities.

 

9) Comment: In the semi-annual report dated March 31, 2009, for Nuveen High Yield Bond Fund, the Statement of Operations shows a $9.4 million loss from an interest rate swap. When we reviewed the prospectus for that fund, we did not see the expected high level of disclosure about the risks associated with the fund’s significant exposure to derivatives in general and specifically to interest rate swaps. Please explain how you intend to enhance the prospectus disclosure about the fund’s use of derivatives and the risks associated therewith, or alternatively explain why such enhancements to the existing disclosure is not necessary.

Response: Disclosure regarding the fund’s use of derivatives and the risks associated therewith was enhanced during the fund’s most recently completed annual update (see post-effective amendment filing on February 1, 2010, for Nuveen Investment Trust III, SEC Accession No. 0001193125-10-017408). The two paragraphs below appear in the fund’s summary prospectus dated January 30, 2010, and are marked to show changes from the prior year’s prospectus dated January 30, 2009:

“In an effort to hedge risk, enhance returns, or as a substitute for a position in the underlying asset, the fund also may invest in futures, options, interest rate or total return swaps, credit derivatives or other fixed income derivative instruments. In doing so, the fund may, in certain circumstances, invest a substantial portion of its assets in such derivative instruments.”

“The fund may, in certain circumstances, invest a substantial portion of its assets in derivative instruments, including interest rate swaps. The use of derivatives can lead to losses because of adverse movements in the price or value of the underlying asset, index or rate, which may be magnified by certain features of the derivatives. These risks are heightened when the fund’s management team uses derivatives to enhance a fund’s return or as a substitute for a position or security, rather than solely to hedge (or offset) the risk of a position or security held by a the fund. In doing so, the fund is effectively leveraging its investments, which could result in exaggerated changes in the net asset value of the fund’s shares and can result in losses that exceed the amount originally invested.”

 

10) Comment: The expense ratio disclosure for the leveraged Nuveen closed-end funds as it appears on the “printable fact sheet” for each such fund on the Nuveen.com website shows expense ratios both as a percentage of the assets attributable to common shares, and also as a percentage of the total fund assets. For example, the fact sheet for Nuveen Insured Premium Income Municipal Fund 2 (NPX) showed an expense ratio with respect to “Common Shares” as 1.83%, and also an expense ratio with respect to “Total Fund Assets” of 1.24%. It is the SEC staff’s position that the only permissible expense ratio for a leveraged closed-end fund to use under generally accepted accounting principles (“GAAP”) accounting rules is the ratio stated as a percentage of common share net assets, and that any ratio stated as a percentage of total fund assets would be inherently misleading because common shareholders pay the former, higher figure, and not the latter, lower figure. Please remove the lower expense figure – the one that is stated as a percentage of total fund assets – from those fact sheets.

 

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Response: We agree that GAAP requires that all expense ratios for leverage closed-end funds included in the financial statements contained in shareholder reports be stated as a percentage of common share net assets, and not as a percentage of total fund assets. However, we also believe that supplemental expense ratios (such as those calculated as a percentage of total fund assets, including the assets attributable to senior equity like preferred shares), clearly described, can provide investors and other readers with important insights into the expense levels experienced by common share investors. Our view is based primarily on the fact that an expense ratio is not used by common share investors merely to determine how much expense they are paying as common shareholders, but it is also used as a means of measuring and comparing funds’ “expense efficiency.” Observe that an unleveraged closed-end fund otherwise identical to the leveraged NPX would show a GAAP expense ratio of 1.24%, while NPX shows a GAAP expense ratio of 1.83%. An unsophisticated investor would think that the unleveraged fund was significantly more “expense efficient” than NPX, when in fact the two funds “as funds” are exactly the same, with the different GAAP expense ratio being due to all of NPX’s expenses being “attributed” to the common shareholders and none to the preferred shareholders. The supplemental expense ratio expressed as a percentage of total fund assets (instead of common share net assets) provides that investor with the ability to compare the “expense efficiency” of a leveraged fund to an unleveraged fund, and two leveraged funds with different leverage levels, on an apples-to-apples basis, and gain a deeper understanding of the leveraged fund’s expenses.

 

11) Comment: In the industry tabular disclosures within shareholder reports, consider whether “U.S. Guaranteed” should be presented as an industry for reporting purposes.

Response: Such tabular disclosures for municipal closed-end and open-end shareholder reports are now titled “Portfolio Composition” instead of “Industries.”

 

12) Comment: In the Financial Highlights section of the annual and semi-annual reports for at least certain Nuveen open-end funds (e.g., Nuveen High Yield Municipal Bond Fund), the funds show a multitude of expense ratios: for example, a given fund will show its total expense ratio (A) before any credits or reimbursements (both including and excluding interest expenses associated with the treatment of the interest expense required by Accounting Standards Codification (“ASC”) 860 Transfers and Servicing (“ASC 860”) 860-10-40-5, previously Financial Accounting Statement 140 (FAS 140) issued in 2007 by the Financial Accounting Standards Board (FASB,) of certain “self-deposited” inverse floating rate municipal obligations); (B) after expense reimbursements from the adviser (again, both including and excluding interest expenses associated with self-deposited inverse floaters); and (C) after both (i) expense reimbursements from the adviser and (ii) custodian credits that a fund may receive from its custodian as a result of having occasionally maintained cash balances with the custodian overnight for the custodian to invest for its own account (again, both including and excluding interest expenses associated with self-deposited inverse floaters). Thus, there are six different expense ratios for the same fund. Please reduce the number of different expense ratios shown in the Financial Highlights tables to only those that are necessary for the investors to understand the expenses they are paying.

 

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Response: We agree that the number of expense ratios shown in the Financial Highlights for those funds is too many, and we have begun reducing the number of such ratios included in annual and semi-annual reports to the following: Ratios of Expenses to Average Net Assets Before Reimbursement (including and excluding interest for self-deposited inverse floaters, where applicable) and Ratios of Expenses to Average Net Assets After Reimbursement (including and excluding interest for self-deposited inverse floaters, where applicable).

 

13) Comment: What is the current status and timing of the Nuveen closed-end Florida fund mergers, and when does Nuveen feel shareholders of those funds need to be updated (e.g., new solicitation)?

Response: On October 16, 2009, the Florida funds merged as follows:

 

  •  

Nuveen Florida Investment Quality Municipal Fund (NQF) and Nuveen Florida Quality Income Municipal Fund (NUF) merged into Nuveen Premium Income Municipal Fund 2, Inc. (NPM);

 

  •  

Nuveen Insured Florida Premium Income Municipal Fund (NFL) merged into Nuveen Insured Municipal Opportunity Fund, Inc. (NIO); and

 

  •  

Nuveen Insured Florida Tax-Free Advantage Municipal Fund (NWF) merged into Nuveen Insured Tax-Free Advantage Municipal Fund (NEA).

With respect to the funds covered by this examination as detailed in Appendix A, each fund makes the following representations:

 

  •  

The fund is responsible for the adequacy and accuracy of the disclosure in the filings;

 

  •  

Staff comments or changes to disclosure in response to staff comments in the filings reviewed by the staff do not foreclose the Commission from taking any action with respect to the filing; and

 

  •  

The fund may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

Sincerely,

 

Stephen D. Foy

Vice President and Funds’ Controller

 

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Appendix A

 

       CIK      File No.     

Name

   

Symbol

1      0001087783      811-09459      NUVEEN ARIZONA DIVIDEND ADVANTAGE MUNI FUND    NFZ
2      0001161069      811-10553      NUVEEN ARIZONA DIVIDEND ADVANTAGE MUNI FUND 2    NKR
3      0001177212      811-21157      NUVEEN ARIZONA DIVIDEND ADVANTAGE MUNI FUND 3    NXE
4      0000892992      811-07278      NUVEEN ARIZONA PREMIUM INCOME MUNI FUND, INC.    NAZ
5      0000879826      811-06425      NUVEEN CA QUALITY INCOME MUNI FUND, INC.    NUC
6      0000862313      811-06081      NUVEEN CAL MUNI MARKET OPPORTUNITY FUND, INC.    NCO
7      0001074952      811-09161      NUVEEN CALIFORNIA DIVIDEND ADVANTAGE MUNICIPAL FUND    NAC
8      0001127706      811-10197      NUVEEN CALIFORNIA DIVIDEND ADVANTAGE MUNICIPAL FUND 2    NVX
9      0001137888      811-10347      NUVEEN CALIFORNIA DIVIDEND ADVANTAGE MUNICIPAL FUND 3    NZH
10      0000868440      811-06177      NUVEEN CALIFORNIA INV. QUALITY MUNI.FUND,INC.    NQC
11      0000818851      811-05235      NUVEEN CALIFORNIA MUNICIPAL VALUE FUND, INC.    NCA
12      0001454979      811-22272      NUVEEN CALIFORNIA MUNICIPAL VALUE FUND 2    NCB
13      0000856227      811-05930      NUVEEN CALIFORNIA PERF PLUS MUNI FUND, INC.    NCP
14      0000905000      811-07720      NUVEEN CALIFORNIA PREMIUM INCOME MUNICIPAL FUND    NCU
15      0000874142      811-06294      NUVEEN CALIFORNIA SELECT QUALITY MUN FUND,INC    NVC
16      0000885732      811-06623      NUVEEN CALIFORNIA SELECT TAX-FREE INCOME PORTFOLIO    NXC
17      0001090118      811-09465      NUVEEN CONNECTICUT DIVIDEND ADVTAGE MUNI FUND    NFC
18      0001166572      811-21033      NUVEEN CONNECTICUT DIVIDEND ADVAN MUNI FUND 2    NGK
19      0001177218      811-21154      NUVEEN CONNECTICUT DIVIDEND ADVANTAGE MUNICIPAL FUND 3    NGO
20      0001424452      811-22176      NUVEEN CONNECTICUT MUNICIPAL INCOME OPPORTUNITY FUND   
21      0000899752      811-07606      NUVEEN CONNECTICUT PREMIUM INCOME MUNI FUND    NTC
22      0001385763      811-22003      NUVEEN CORE EQUITY ALPHA FUND    JCE
23      0001412349      811-22168      NUVEEN CREDIT STRATEGIES FUND   
24      0001255821      811-21407      NUVEEN DIVERSIFIED DIVIDEND AND INCOME FUND    JDD
25      0001083839      811-09297      NUVEEN DIVIDEND ADVANTAGE MUNICIPAL FUND    NAD
26      0001131062      811-10255      NUVEEN DIVIDEND ADVANTAGE MUNICIPAL FUND 2    NXZ
27      0001137887      811-10345      NUVEEN DIVIDEND ADVANTAGE MUNICIPAL FUND 3    NZF
28      0001338561      811-21809      NUVEEN EQUITY PREMIUM & GROWTH FUND    JPG
29      0001320492      811-21731      NUVEEN EQUITY PREMIUM ADVANTAGE FUND    JLA
30      0001298699      811-21619      NUVEEN EQUITY PREMIUM INCOME FUND    JPZ
31      0001308658      811-21674      NUVEEN EQUITY PREMIUM OPPORTUNITY FUND    JSN
32      0000870779      811-06266      NUVEEN FL INVESTMENT QUALITY MUNI FUND INC.    NQF
33      0001276533      811-21494      NUVEEN FLOATING RATE INCOME FUND    JFR
34      0001289213      811-21579      NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND    JRO
35      0000878180      811-06382      NUVEEN FLORIDA QUALITY INCOME MUNI FUND INC.    NUF
36      0001177219      811-21152      NUVEEN GEORGIA DIVIDEND ADVANTAGE MUNI FUND 2    NKG
37      0001097668      811-10351      NUVEEN GEORGIA DIVIDEND ADVATAGE MUNI FUND    NZX
38      0000899758      811-07614      NUVEEN GEORGIA PREMIUM INCOME MUNICIPAL FUND    NPG
39      0001359816      811-21893      NUVEEN GLOBAL GOVERNMENT EHNAHCED INCOME FUND    JGG
40      0001363421      811-21903      NUVEEN GLOBAL VALUE OPPORTUNITIES FUND    JGV
41      0000897422      811-07492      NUVEEN INS CA PREMIUM INCOME MUNI FUND 2, INC    NCL
42      0001090117      811-09449      NUVEEN INS CALIFORNIA DIV ADVANTAGE MUNI FUND    NKL
43      0000885711      811-06620      NUVEEN INSURED CAL PREM INC MUNI FUND, INC.    NPC
44      0001195738      811-21212      NUVEEN INSURED CALIFORNIA TAX-FREE ADVANTAGE MUNICIPAL FUND    NKX
45      0001090116      811-09475      NUVEEN INSURED DIVIDEND ADVANTAGE MUNI FUND    NVG
46      0000890893      811-07120      NUVEEN INSURED FLORIDA PREMIUM INC. MUNI FUND    NFL
47      0001196362      811-21215      NUVEEN INSURED FLORIDA TAX-FREE ADVANTAGE MUNICIPAL FUND    NWF
48      0001196366      811-21216      NUVEEN INSURED MASSACHUSETTS TAX-FREE ADVANTAGE MUNICIPAL FUND    NGX
49      0000878242      811-06379      NUVEEN INSURED MUNI OPPORTUNITY FUND, INC.    NIO
50      0001090123      811-09473      NUVEEN INSURED NEW YORK DIVIDEND ADVANTAGE MUNICIPAL FUND    NKO
51      0000885712      811-06619      NUVEEN INSURED NEW YORK PREMIUM INCOME MUNICIPAL FUND    NNF
52      0001195739      811-21211      NUVEEN INSURED NEW YORK TAX-FREE ADVANTAGE MUNICIPAL FUND    NRK

 

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Appendix A

 

       CIK      File No.     

Name

   

Symbol

53      0000906959      811-07792      NUVEEN INSURED PREMIUM INCOME MUNI FUND 2    NPX
54      0000869405      811-06206      NUVEEN INSURED QUALITY MUNICIPAL FUND, INC.    NQI
55      0001195737      811-21213      NUVEEN INSURED TAX-FREE ADVANTAGE MUNICIPAL FUND    NEA
56      0000862716      811-06091      NUVEEN INVESTMENT QUALITY MUNICIPAL FUND,INC.    NQM
57      0001013881      811-07619      NUVEEN NWQ LARGE-CAP VALUE FUND   
58      0001013881      811-07619      NUVEEN NWQ MULTI-CAP VALUE FUND   
59      0001013881      811-07619      NUVEEN NWQ SMALL-CAP VALUE FUND   
60      0001013881      811-07619      NUVEEN TRADEWINDS VALUE OPPORTUNITIES FUND   
61      0001013881      811-07619      NUVEEN MULTI-MANAGER LARGE-CAP VALUE FUND   
62      0001013881      811-07619      NUVEEN MODERATE ALLOCATION FUND   
63      0001013881      811-07619      NUVEEN CONSERVATIVE ALLOCATION FUND   
64      0001013881      811-07619      NUVEEN GROWTH ALLOCATION FUND   
65      0001013881      811-07619      NUVEEN NWQ SMALL/MID-CAP VALUE FUND   
66      0001013881      811-07619      NUVEEN ENHANCED CORE EQUITY FUND   
67      0001013881      811-07619      NUVEEN NWQ EQUITY INCOME FUND   
68      0001013881      811-07619      NUVEEN U.S. EQUITY COMPLETENESS FUND   
69      0001013881      811-07619      NUVEEN ENHANCED CORE EQUITY PLUS FUND   
70      0001013881      811-07619      NUVEEN ENHANCED MID-CAP FUND   
71      0001041673      811-08333      NUVEEN RITTENHOUSE GROWTH FUND   
72      0001041673      811-08333      NUVEEN RITTENHOUSE STRATEGIC GROWTH FUND   
73      0001041673      811-08333      NUVEEN RITTENHOUSE MID-CAP GROWTH FUND   
74      0001041673      811-08333      NUVEEN TRADEWINDS INTERNATIONAL VALUE FUND   
75      0001041673      811-08333      NUVEEN TRADEWINDS GLOBAL ALL-CAP FUND   
76      0001041673      811-08333      NUVEEN SYMPHONY ALL-CAP CORE FUND   
77      0001041673      811-08333      NUVEEN SYMPHONY SMALL-MID CAP CORE FUND   
78      0001041673      811-08333      NUVEEN SYMPHONY OPTIMIZED ALPHA FUND   
79      0001041673      811-08333      NUVEEN SYMPHONY INTERNATIONAL EQUITY FUND   
80      0001041673      811-08333      NUVEEN SYMPHONY LARGE-CAP GROWTH FUND   
81      0001041673      811-08333      NUVEEN TRADEWINDS GLOBAL RESOURCES FUND   
82      0001041673      811-08333      NUVEEN TRADEWINDS JAPAN FUND   
83      0001041673      811-08333      NUVEEN TRADEWINDS EMERGING MARKETS FUND   
84      0001041673      811-08333      NUVEEN TRADEWINDS GLOBAL ALL-CAP PLUS FUND   
85      0001041673      811-08333      NUVEEN SYMPHONY LARGE-CAP VALUE FUND   
86      0001041673      811-08333      NUVEEN SYMPHONY MID-CAP CORE FUND   
87      0001041673      811-08333      NUVEEN SANTA BARBARA DIVIDEND GROWTH FUND   
88      0001041673      811-08333      NUVEEN SANTA BARBARA GROWTH FUND   
89      0001041673      811-08333      NUVEEN SANTA BARBARA GROWTH OPPORTUNITIES FUND   
90      0001041673      811-08333      NUVEEN SANTA BARBARA INTERNATIONAL EQUITY FUND   
91      0001041673      811-08333      NUVEEN SANTA BARBARA GLOBAL EQUITY FUND   
92      0001041673      811-08333      NUVEEN WINSLOW LARGE-CAP GROWTH FUND   
93      0001041673      811-08333      NUVEEN SANTA BARBARA GROWTH PLUS FUND   
94      0001041673      811-08333      NUVEEN SANTA BARBARA ECOLOGIC EQUITY FUND   
95      0001071336      811-09037      NUVEEN MULTI-STRATEGY INCOME FUND   
96      0001071336      811-09037      NUVEEN HIGH YIELD BOND FUND   
97      0001071336      811-09037      NUVEEN SHORT DURATION BOND FUND   
98      0001380786      811-21979      NUVEEN PREFERRED SECURITIES FUND   
99      0001390204      811-22023      MUNICIPAL TOTAL RETURN MANAGED ACCOUNTS PORTFOLIO   
100      0001390204      811-22023      INTERNATIONAL INCOME MANAGED ACCOUNTS PORTFOLIO   
101      0001390204      811-22023      ENHANCED MULTI-STRATEGY INCOME MANAGED ACCOUNTS PORTFOLIO   
102      0001090119      811-09471      NUVEEN MARYLAND DIVIDEND ADVATAGE MUNI FUND    NFM
103      0001137885      811-10349      NUVEEN MARYLAND DIVIDEND ADVATAGE MUNI FUND 2    NZR
104      0001177214      811-21153      NUVEEN MARYLAND DIVIDEND ADVATAGE MUNI FUND 3    NWI

 

10

Appendix A

 

       CIK      File No.     

Name

   

Symbol

105      0000897424      811-07486      NUVEEN MARYLAND PREMIUM INCOME MUNI FUND    NMY
106      0001090120      811-09451      NUVEEN MASSACHUSETTS DIV ADVATAGE MUNI FUND    NMB
107      0000897419      811-07484      NUVEEN MASSACHUSETTS PREMIUM INCOME MUNI FUND    NMT
108      0001087785      811-09453      NUVEEN MICHIGAN DIVIDEND ADVANTAGE MUNI FUND    NZW
109      0000890897      811-07116      NUVEEN MICHIGAN PREMIUM INCOME MUNI FUND, INC    NMP
110      0000878198      811-06383      NUVEEN MICHIGAN QUALITY INCOME MUNI FUND, INC    NUM
111      0000899782      811-07616      NUVEEN MISSOURI PREMIUM INCOME MUNICIPAL FUND    NOM
112      0001400390      811-22071      NUVEEN MULTI-CURRENCY INCOME FUND   
113      0001390109      811-22018      NUVEEN MULTI-CURRENCY SHORT-TERM GOVERNMENT INCOME FUND    JGT
114      0001018972      811-07747      NUVEEN ARIZONA MUNICIPAL BOND FUND   
115      0001018972      811-07747      NUVEEN COLORADO MUNICIPAL BOND FUND   
116      0001018972      811-07747      NUVEEN FLORIDA PREFERENCE MUNICIPAL BOND FUND   
117      0001018972      811-07747      NUVEEN MARYLAND MUNICIPAL BOND FUND   
118      0001018972      811-07747      NUVEEN NEW MEXICO MUNICIPAL BOND FUND   
119      0001018972      811-07747      NUVEEN PENNSYLVANIA MUNICIPAL BOND FUND   
120      0001018972      811-07747      NUVEEN VIRGINIA MUNICIPAL BOND FUND   
121      0001018975      811-07755      NUVEEN CALIFORNIA HIGH YIELD MUNICIPAL BOND FUND   
122      0001018975      811-07755      NUVEEN CALIFORNIA INSURED MUNICIPAL BOND FUND   
123      0001018975      811-07755      NUVEEN CALIFORNIA MUNICIPAL BOND FUND   
124      0001018975      811-07755      NUVEEN CONNECTICUT MUNICIPAL BOND FUND   
125      0001018975      811-07755      NUVEEN MASSACHUSETTS INSURED MUNICIPAL BOND FUND   
126      0001018975      811-07755      NUVEEN MASSACHUSETTS MUNICIPAL BOND FUND   
127      0001018975      811-07755      NUVEEN NEW JERSEY MUNICIPAL BOND FUND   
128      0001018975      811-07755      NUVEEN NEW YORK INSURED MUNICIPAL BOND FUND   
129      0001018975      811-07755      NUVEEN NEW YORK MUNICIPAL BOND FUND   
130      0001020661      811-07943      NUVEEN GEORGIA MUNICIPAL BOND FUND   
131      0001020661      811-07943      NUVEEN LOUISIANA MUNICIPAL BOND FUND   
132      0001020661      811-07943      NUVEEN NORTH CAROLINA MUNI BOND FUND   
133      0001020661      811-07943      NUVEEN TENNESSEE MUNICIPAL BOND FUND   
134      0001018973      811-07751      NUVEEN KANSAS MUNICIPAL BOND FUND   
135      0001018973      811-07751      NUVEEN KENTUCKY MUNICIPAL BOND FUND   
136      0001018973      811-07751      NUVEEN MICHIGAN MUNICIPAL BOND FUND   
137      0001018973      811-07751      NUVEEN MISSOURI MUNICIPAL BOND FUND   
138      0001018973      811-07751      NUVEEN OHIO MUNICIPAL BOND FUND   
139      0001018973      811-07751      NUVEEN WISCONSIN MUNICIPAL BOND FUND   
140      0000857361      811-05957      NUVEEN MUNICIPAL ADVANTAGE FUND    NMA
141      0001266585      811-21449      NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND    NMZ
142      0001424214      811-22173      NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND 3   
143      0001412495      811-22123      NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND 2    NMD
144      0000830271      811-05488      NUVEEN MUNICIPAL INCOME FUND    NMI
145      0000860188      811-06040      NUVEEN MUNICIPAL MARKET OPPORTUNITY FUND, INC    NMO
146      0001020660      811-07873      NUVEEN ALL-AMERICAN MUNICIPAL BOND FUND   
147      0001020660      811-07873      NUVEEN HIGH YIELD MUNICIPAL BOND FUND   
148      0001020660      811-07873      NUVEEN INSURED MUNICIPAL BOND FUND   
149      0001020660      811-07873      NUVEEN INTERMEDIATE DURATION MUNICIPAL BOND FUND   
150      0001020660      811-07873      NUVEEN LIMITED TERM MUNICIPAL BOND FUND   
151      0001450445      811-22253      NUVEEN MUNICIPAL VALUE FUND 2   
152      0000812801      811-05120      NUVEEN MUNICIPAL VALUE FUND,INC.    NUV
153      0001161070      811-10551      NUVEEN NEW JERSEY DIV ADVANTAGE MUNI FD 2    NUJ
154      0001087786      811-09455      NUVEEN NEW JERSEY DIVIDEND ADVANTAGE MUNI FD    NXJ
155      0001454980      811-22274      NUVEEN NEW JERSEY MUNICIPAL VALUE FUND    NJV
156      0000890898      811-07118      NUVEEN NEW JERSEY PREM INCOME MUNI FUND, INC.    NNJ

 

11

Appendix A

 

       CIK      File No.     

Name

     

Symbol

157      0001074769      811-09135      NUVEEN NEW YORK DIVIDEND ADVANTAGE MUNICIPAL FUND      NAN
158      0001131063      811-10253      NUVEEN NEW YORK DIVIDEND ADVANTAGE MUNICIPAL FUND 2      NXK
159      0000868449      811-06178      NUVEEN NEW YORK INVESTMENT QUALITY MUNICIPAL FUND      NQN
160      0000818850      811-05238      NUVEEN NEW YORK MUNICIPAL VALUE FUND, INC.      NNY
161      0001454981      811-22271      NUVEEN NEW YORK MUNICIPAL VALUE FUND 2      NYV
162      0000879819      811-06424      NUVEEN NEW YORK QUALITY INCOME MUNICIPAL FUND      NUN
163      0000874143      811-06295      NUVEEN NEW YORK SELECT QUALITY MUNICIPAL FUND      NVN
164      0000885731      811-06624      NUVEEN NEW YORK SELECT TAX-FREE INCOME PORT      NXN
165      0000870778      811-06264      NUVEEN NJ INVESTMENT QUALITY MUNI. FUND INC.      NQJ
166      0001090121      811-09461      NUVEEN NORTH CAROLINA DIV. ADV. MUNI FUND      NRB
167      0001158730      811-10525      NUVEEN NORTH CAROLINA DIV. ADV. MUNI FUND 2      NNO
168      0001177216      811-21158      NUVEEN NORTH CAROLINA DIV. ADV. MUNI FUND 3      NII
169      0000899761      811-07608      NUVEEN NORTH CAROLINA PREMIUM INC MUNI FUND      NNC
170      0000856226      811-05931      NUVEEN NY PERFORMANCE PLUS MUNI FUND, INC.      NNP
171      0001165383      811-10637      NUVEEN OHIO DIVIDEND ADVATAGE MUNI FUND 3      NVJ
172      0001087788      811-09463      NUVEEN OHIO DIVIDEND ADVATAGE MUNICIPAL FUND      NXI
173      0001145728      811-10445      NUVEEN OHIO DIVIDEND ADVATAGE MUNICIPAL FUND 2      NBJ
174      0000878200      811-06385      NUVEEN OHIO QUALITY INCOME MUNI FUND, INC.      NUO
175      0000870780      811-06265      NUVEEN PENN INVESTMENT QUALITY MUNI FUND INC.      NQP
176      0000897427      811-07482      NUVEEN PENNSYLVANIA PREMIUM INCOME MUNI FD 2      NPY
177      0001158729      811-10549      NUVEEN PENNSYLVANIA DIV ADVATAGE MUNI FD 2      NVY
178      0001087787      811-09457      NUVEEN PENNSYLVANIA DIVIDEND ADVANTAGE MUNICIPAL FUIND      NXM
179      0001454978      811-22273      NUVEEN PENNSYLVANIA MUNICIPAL VALUE FUND      NPN
180      0000849998      811-05809      NUVEEN PERFORMANCE PLUS MUNICIPAL FUND, INC.      NPP
181      0001216583      811-21293      NUVEEN MULTI-STRATEGY INCOME AND GROWTH FUND      JPC
182      0001227476      811-21333      NUVEEN MULTI-STRATEGY INCOME AND GROWTH FUND 2      JQC
183      0000880843      811-06457      NUVEEN PREMIER INSURED MUNI INCOME FUND, INC.      NIF
184      0000880845      811-06456      NUVEEN PREMIER MUNICIPAL INCOME FUND, INC.      NPF
185      0000896061      811-07432      NUVEEN PREMIUM INCOME MUNI FUND 4, INC.      NPT
186      0000885734      811-06621      NUVEEN PREMIUM INCOME MUNICIPAL FUND 2, INC.      NPM
187      0000833251      811-05570      NUVEEN PREMIUM INCOME MUNICIPAL FUND, INC.      NPI
188      0000874506      811-06303      NUVEEN QUALITY INCOME MUNICIPAL FUND,INC.      NQU
189      0001172168      811-21082      NUVEEN QUALTITY PREFERRED INCOME FUND      JTP
190      0001176433      811-21137      NUVEEN QUALTITY PREFERRED INCOME FUND 2      JPS
191      0001200446      811-21242      NUVEEN QUALTITY PREFERRED INCOME FUND 3      JHP
192      0001158289      811-10491      NUVEEN REAL ESTATE INCOME FUND      JRS
193      0000890119      811-07056      NUVEEN SELECT MATURITIES MUNICIPAL FUND      NIM
194      0000872064      811-06240      NUVEEN SELECT QUALITY MUNICIPAL FUND, INC.      NQS
195      0000883618      811-06548      NUVEEN SELECT TAX-FREE INCOME PORTFOLIO      NXP
196      0000885733      811-06622      NUVEEN SELECT TAX-FREE INCOME PORTFOLIO 2      NXQ
197      0000888411      811-06693      NUVEEN SELECT TAX-FREE INCOME PORTFOLIO 3      NXR
198      0001093428      811-09571      NUVEEN SENIOR INCOME FUND      NSL
199      0001209540      811-21264      NUVEEN SYMPHONY MARKET NEURTAL FUND     
200      0001313259      811-21705      NUVEEN TAX-ADVANTAGED FLOATING RATE FUND      JFP
201      0001265708      811-21471      NUVEEN TAX-ADVANTAGED TOTAL RETURN STARTEGY FUND      JTA
202      0001397173      811-22058      NUVEEN TAX-ADVANTAGED DIVIDEND GROWTH FUND      JTD
203      0000878201      811-06384      NUVEEN TEXAS QUALITY INCOME MUNI FUND      NTX
204      0001090122      811-09469      NUVEEN VIRGINIA DIVIDEND ADVATAGE MUNI FUND      NGB
205      0001158728      811-10523      NUVEEN VIRGINIA DIVIDEND ADVATAGE MUNI FUND 2      NNB
206      0000897421      811-07490      NUVEEN VIRGINIA PREMIUM INCOME MUNI FUND      NPV

 

12