Nuveen Investments has announced that 11 of their taxable closed-end funds will be moving from a monthly distribution schedule to a quarterly distribution schedule in order to reduce administrative paperwork and costs. The last monthly distribution will be paid on April 1, 2007; the first quarterly distribution will be paid on July 1, 2007.
The funds affected are:
- Nuveen Real Estate Income Fund (JRS)
- Nuveen Preferred and Convertible Income Fund (JPC)
- Nuveen Preferred and Convertible Income Fund 2 (JQC)
- Nuveen Diversified Dividend and Income Fund (JDD)
- Nuveen Tax-Advantaged Total Return Strategy Fund (JTA)
- 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)
- Nuveen Global Government Enhanced Income Fund (JGG)
- Nuveen Global Value Opportunities Fund (JGV)