Six Nuveen Closed-End Funds Announce Availability of 19(a) Notices

NEW YORK–(BUSINESS WIRE)–The 19(a) quarterly distribution notices for six Nuveen closed-end funds
are now available. These informational notices provide further details
on the sources of the funds’ quarterly distributions and follows the
most recent quarterly distribution announcements. The full text of these
notices is available below or on the Nuveen website via Distribution
Source Estimates
.

Important Information Regarding Quarterly
Distributions

March 28, 2019: THIS NOTICE IS FOR INFORMATIONAL PURPOSES ONLY.
NO ACTION IS REQUIRED ON YOUR PART. If you would like to
receive this notice and other shareholder information electronically,
please visit
www.investordelivery.com
if you receive distributions and statements from your financial advisor
or brokerage account.
An electronic copy of this notice is also
posted under distribution notices at
www.nuveen.com/cef.

This notice provides shareholders with information regarding fund
distributions, as required by current securities laws. You should not
draw any conclusions about the Fund’s investment performance from the
amount of this distribution or from the terms of the Fund’s Managed
Distribution Policy.

The following table provides estimates of the Fund’s distribution
sources, reflecting year-to-date cumulative experience through the
month-end prior to the latest distribution. The Funds attribute these
estimates equally to each regular distribution throughout the year.
Consequently, the estimated information as of the specified month-end
shown below is for the current distribution, and also represents an
updated estimate for all prior months in the year. For all the funds, it
is estimated that the funds have distributed more than their income and
net realized capital gains; therefore, a portion of the distributions
may be (and is shown below as being estimated to be) a return of
capital. A return of capital may occur, for example, when some or all of
the money that you invested in the Fund is paid back to you. A return of
capital distribution does not necessarily reflect the Fund’s investment
performance and should not be confused with “yield” or “income.”

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 Funds’ investment experience
during the remainder of its fiscal year and may be subject to changes
based on tax regulations. Each Fund will send 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 each Fund’s
distributions and the basis for these estimates are available on www.nuveen.com/cef.

                         
Data as of 2/28/2019
  Current Quarter Fiscal YTD Estimated Percentages
Estimated Sources of Distribution 1 Estimated Sources of Distribution 1 of Distribution 1
Per Share LT ST Return of Per Share LT ST Return of LT ST Return of
Distribution NII Gains Gains Capital Distribution NII Gains Gains Capital NII Gains Gains Capital
JRS (FYE 12/31) .1900 .0720 .0342 .0000 .0838 .1900 .0720 .0342 .0000 .0838 37.9% 18.0% 0.0% 44.1%
QQQX (FYE 12/31) .3900 .0291 .0000 .0000 .3609 .3900 .0291 .0000 .0000 .3609 7.5% 0.0% 0.0% 92.5%
SPXX (FYE 12/31) .2650 .0626 .0000 .0000 .2024 .2650 .0626 .0000 .0000 .2024 23.6% 0.0% 0.0% 76.4%
BXMX (FYE 12/31) .2325 .0505 .0000 .0000 .1820 .2325 .0505 .0000 .0000 .1820 21.7% 0.0% 0.0% 78.3%
DIAX (FYE 12/31) .2950 .0860 .0000 .0000 .2090 .2950 .0860 .0000 .0000 .2090 29.2% 0.0% 0.0% 70.8%
JCE (FYE 12/31) .2500 .0315 .0000 .0000 .2185 .2500 .0315 .0000 .0000 .2185 12.6% 0.0% 0.0% 87.4%
 
 
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 estimated per share sources above include an allocation
of the NII based on prior year attributions which can be expected to
differ from the actual final attributions for the current year.
 

The following table provides information regarding distributions and
total return performance over various time periods. This information is
intended to help you better understand whether returns for the specified
time periods were sufficient to meet distributions.

             
Data as of 2/28/2019
  Fiscal Annualized Cumulative
Quarterly YTD 5-Year Fiscal YTD Fiscal YTD Fiscal YTD
Inception Dist Dist NAV Return on NAV Dist Rate on NAV1 Return on NAV Dist Rate on NAV1
JRS (FYE 12/31) Nov 2001 .1900 .1900 10.96 9.20% 6.93% 15.73% 1.73%
QQQX (FYE 12/31) Jan 2007 .3900 .3900 21.88 10.62% 7.13% 7.94% 1.78%
SPXX (FYE 12/31) Nov 2005 .2650 .2650 15.49 6.65% 6.84% 7.42% 1.71%
BXMX (FYE 12/31) Oct 2004 .2325 .2325 13.35 6.50% 6.97% 5.87% 1.74%
DIAX (FYE 12/31) Apr 2005 .2950 .2950 18.20 8.79% 6.48% 7.69% 1.62%
JCE (FYE 12/31) Mar 2007 .2500 .2500 14.21 7.79% 7.04% 12.07% 1.76%
 

1As a percentage of 2/28/2019 NAV.

 

 

About Nuveen

Nuveen, the investment manager of TIAA, offers a comprehensive range of
outcome-focused investment solutions designed to secure the long-term
financial goals of institutional and individual investors. Nuveen has
$930 billion in assets under management as of 12/31/18 and operations in
16 countries. Its affiliates offer deep expertise across a comprehensive
range of traditional and alternative investments through a wide array of
vehicles and customized strategies. For more information, please visit www.nuveen.com.

Nuveen Securities, LLC, member FINRA and SIPC.

The information contained on the Nuveen website is not a part of this
press release.

799659-INV-O-03/21

Contacts

Name Kristyna Munoz
Phone 254-644-1615
Email Kristyna.munoz@nuveen.com