UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934 (Amendment No. )
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| [ ] | Preliminary Proxy Statement |
| [ ] | Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| [ ] | Definitive Proxy Statement |
| [ ] | Definitive Additional Materials |
| [X] | Soliciting Material Pursuant to §240.14a-12 |
Dow 30SM Enhanced Premium & Income Fund Inc.
Dow 30SM Premium & Dividend Income Fund Inc.
NASDAQ Premium Income & Growth Fund Inc.
Nuveen All Cap Energy MLP Opportunities Fund
Nuveen AMT-Free Municipal Income Fund
Nuveen AMT-Free Municipal Value Fund
Nuveen Arizona Premium Income Municipal Fund
Nuveen Build America Bond Fund
Nuveen Build America Bond Opportunity Fund
Nuveen California AMT-Free Municipal Income Fund
Nuveen California Dividend Advantage Municipal Fund
Nuveen California Dividend Advantage Municipal Fund 2
Nuveen California Dividend Advantage Municipal Fund 3
Nuveen California Municipal Value Fund 2
Nuveen California Municipal Value Fund, Inc.
Nuveen California Select Tax-Free Income Portfolio
Nuveen Connecticut Premium Income Municipal Fund
Nuveen Core Equity Alpha Fund
Nuveen Credit Strategies Income Fund
Nuveen Diversified Currency Opportunities Fund
Nuveen Diversified Dividend and Income Fund
Nuveen Dividend Advantage Municipal Fund
Nuveen Dividend Advantage Municipal Fund 2
Nuveen Dividend Advantage Municipal Fund 3
Nuveen Dividend Advantage Municipal Income Fund
Nuveen Energy MLP Total Return Fund
Nuveen Enhanced Municipal Value Fund
Nuveen Equity Premium Advantage Fund
Nuveen Equity Premium and Growth Fund
Nuveen Equity Premium Income Fund
Nuveen Equity Premium Opportunity Fund
Nuveen Flexible Investment Income Fund
Nuveen Floating Rate Income Fund
Nuveen Floating Rate Income Opportunity Fund
Nuveen Georgia Dividend Advantage Municipal Fund 2
Nuveen Global Equity Income Fund
Nuveen Global Income Opportunities Fund
Nuveen Intermediate Duration Municipal Term Fund
Nuveen Intermediate Duration Quality Municipal Term Fund
Nuveen Investment Quality Municipal Fund, Inc.
Nuveen Maryland Premium Income Municipal Fund
Nuveen Massachusetts Premium Income Municipal Fund
Nuveen Michigan Quality Income Municipal Fund
Nuveen Missouri Premium Income Municipal Fund
Nuveen Mortgage Opportunity Term Fund
Nuveen Mortgage Opportunity Term Fund 2
Nuveen Municipal Advantage Fund, Inc.
Nuveen Municipal High Income Opportunity Fund
Nuveen Municipal Income Fund, Inc.
Nuveen Municipal Market Opportunity Fund, Inc.
Nuveen Municipal Opportunity Fund, Inc.
Nuveen Municipal Value Fund, Inc.
Nuveen New Jersey Dividend Advantage Municipal Fund
Nuveen New Jersey Dividend Advantage Municipal Fund 2
Nuveen New Jersey Investment Quality Municipal Fund, Inc.
Nuveen New Jersey Municipal Value Fund
Nuveen New Jersey Premium Income Municipal Fund, Inc.
Nuveen New York AMT-Free Municipal Income Fund
Nuveen New York Dividend Advantage Municipal Fund
Nuveen New York Dividend Advantage Municipal Fund 2
Nuveen New York Municipal Value Fund 2
Nuveen New York Municipal Value Fund, Inc.
Nuveen New York Performance Plus Municipal Fund, Inc.
Nuveen New York Select Tax-Free Income Portfolio
Nuveen North Carolina Premium Income Municipal Fund
Nuveen Ohio Quality Income Municipal Fund
Nuveen Pennsylvania Investment Quality Municipal Fund
Nuveen Pennsylvania Municipal Value Fund
Nuveen Performance Plus Municipal Fund, Inc.
Nuveen Preferred and Income Term Fund
Nuveen Preferred Income Opportunities Fund
Nuveen Premier Municipal Income Fund, Inc.
Nuveen Premium Income Municipal Fund 2, Inc.
Nuveen Premium Income Municipal Fund 4, Inc.
Nuveen Premium Income Municipal Fund, Inc.
Nuveen Quality Income Municipal Fund, Inc.
Nuveen Quality Municipal Fund, Inc.
Nuveen Quality Preferred Income Fund
Nuveen Quality Preferred Income Fund 2
Nuveen Quality Preferred Income Fund 3
Nuveen Real Asset Income and Growth Fund
Nuveen Real Estate Income Fund
Nuveen Select Maturities Municipal Fund
Nuveen Select Quality Municipal Fund, Inc.
Nuveen Select Tax-Free Income Portfolio
Nuveen Select Tax-Free Income Portfolio 2
Nuveen Select Tax-Free Income Portfolio 3
Nuveen Senior Income Fund
Nuveen Short Duration Credit Opportunities Fund
Nuveen Tax-Advantaged Dividend Growth Fund
Nuveen Tax-Advantaged Total Return Strategy Fund
Nuveen Texas Quality Income Municipal Fund
Nuveen Virginia Premium Income Municipal Fund
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(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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Nuveen Investments Will Be Acquired by TIAA-CREF
As an important next step in our 116-year history, Nuveen Investments is pleased to announce that it will be acquired by TIAA-CREF, a firm highly respected for its commitment to serving the financial needs of investors in the academic, research, medical and cultural fields since 1918. The acquisition is expected to be completed by year end, subject to customary closing conditions.
This event will create one of the world’s largest diversified investment organizations with aggregated assets under management of $790 billion, including a $181 billion mutual fund platform based on each firm’s AUM.1
How this Transaction Will Benefit Clients
At every life stage, across every asset class, clients will have investment options to help secure their financial well-being.
| • | Greater Investment Choice |
| • | Broader Client Solutions |
| • | Expanded Alternative Options |
As Part of this Acquisition, Nuveen Investments Will:
| • | Continue its multi-boutique operating model |
| • | Benefit from enhanced financial strength, positioning the firm well for future growth |
| • | Maintain investment and business leadership across Nuveen Investments and its investment affiliates |
| • | Maintain the independence of its affiliates from a portfolio management and institutional client service perspective |
Fund Shareholders Will Receive Proxy Statements Related to this Acquisition
As a result of this acquisition, the current investment management and sub-advisory agreements for each Nuveen fund will terminate. Shareholders will receive a proxy statement asking them to approve a new investment management agreement with Nuveen Fund Advisors, LLC, their fund’s current investment adviser, and new sub-advisory agreement(s) with their fund’s current sub-adviser(s).
The proxy statement may include some of the following additional voting items, depending on the fund:
| • | Approval of Revisions to, or Elimination of, Certain Fundamental Investment Policies (most open-end funds) |
| • | Approval of Fund Board Nominees (all funds other than NNP and JMLP) |
| • | Approval to Change a Fund’s Investment Sub-Advisor (JPG only) |
| • | Approval to Change a Fund’s Investment Objective (JPG only) |
| • | Approval of a Fund Reorganization (NQM, DPD, DPO, QQQX, JLA, JPZ , JSN, NXJ, NUJ, NNJ, NQJ) |
Proxy Voting Information
Nuveen fund shareholders can vote their shares by:
| • | Completing, signing, and mailing in their proxy card |
| • | Voting by telephone 1-800-337-3503* |
| • | Voting by computer using the internet addresswww.proxy-direct.com* |
If you need any assistance or have any questions regarding the proposals or how to vote your shares, please call Computershare Fund Services, your Fund’s proxy solicitor, at 1-866-209-5784 with your proxy materials. You may receive a call from Computershare Fund Services to verify you received your proxy materials, answer any questions you may have about the proposals and encourage you to vote your proxy.
*Please note that if you vote via phone or over the internet you will need both the 14 digit control number from the shaded box on your proxy card and the eight digit security code from the unshaded box on your proxy card
The funds have filed or will file with the SEC solicitation materials in the form of proxy statements and/or joint proxy statement/prospectuses that will be included in registration statements on Form N-14, as applicable. Investors are urged to read the solicitation materials and any other relevant documents when they become available because they will contain important information. After they are filed, free copies of the solicitation materials will be available on the SEC’s web site atwww.sec.gov.
The funds, Nuveen Fund Advisors and certain of their respective directors/trustees, officers and affiliates may be deemed under the rules of the SEC to be participants in the solicitation of proxies from shareholders. Information about the directors/trustees and officers of the funds may be found in their respective annual reports and, if applicable, annual proxy statements previously filed with the SEC. This communication is not a solicitation of a proxy from any fund shareholder and does not constitute an offer of any securities for sale. No offer of securities will be made will be made except pursuant to a prospectus meeting the requirements of Section 10 of the Securities Act of 1933.
1 Based on assets under management across Nuveen Investments affiliates and TIAA-CREF investment management teams as of December 31, 2013 and March 31, 2014, respectively.