By Business Wire, March 01, 2013, 04:28:00 PM EDT
CHICAGO--(BUSINESS WIRE)--
Nuveen Investments, a leading global provider of investment services to
institutions, as well as individual investors, today announced that the
Nuveen Diversified Commodity Fund (NYSE MKT:CFD) and the Nuveen
Long/Short Commodity Total Return Fund (NYSE MKT:CTF) declared regular
monthly distributions.
| The following dates apply to the distribution for the CFD and CTF. |
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| Record Date |
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March 28, 2013 |
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| Ex-Dividend Date |
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March 26, 2013 |
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| Payable Date |
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April 1, 2013 |
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| Reinvest Date |
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April 1, 2013 |
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Change From |
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Ticker
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Fund Name
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Amount |
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Previous Month |
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CFD
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Diversified Commodity Fund
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.1450
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-
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CTF
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Long/Short Commodity Total Return Fund
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.1550
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-
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The funds intend to make regular monthly distributions to shareholders
based on past and projected performance. Among other factors, the funds
seek to establish a distribution rate that roughly corresponds to
projections by the fund's manager, Nuveen Commodities Asset Management,
of the total return that could reasonably be expected to be generated by
the funds over an extended period of time. Investors should not draw any
conclusions about a fund's past or future investment performance from
its current distribution rate. As market conditions and portfolio
performance may change, the rate of distributions on the shares and the
funds' distribution policy could change.
Because each fund expects to be classified as a partnership for tax
purposes, shareholders will be allocated their pro-rata share of the
fund's income, gains, losses, deductions and credits for purposes of
computing their tax liability. Fund shareholders will receive a Schedule
K-1 which reports their allocable portion of such tax items. An
investment in the funds' shares is subject to investment risk, including
the possible loss of the entire amount invested.The funds invest
primarily in commodity futures contracts and options on commodity
futures contracts, which have a high degree of price variability and are
subject to rapid and substantial price changes. The funds could incur
significant losses on commodity investments.The funds are
commodity pools; they are not mutual funds, closed-end funds, or any
other type of "investment company" within the meaning of the Investment
Company Act of 1940, as amended, and are not subject to regulation
thereunder.
This press release is not a solicitation to buy or sell fund shares.
The funds do not presently offer any new shares for sale; existing
shares trade on the NYSE MKT.
Nuveen Investments provides high-quality investment services designed to
help secure the long-term goals of institutional and individual
investors as well as the consultants and financial advisors who serve
them. Nuveen Investments markets a wide range of specialized investment
solutions which provide investors access to capabilities of its
high-quality boutique investment affiliates—Nuveen Asset Management,
LLC, Symphony Asset Management LLC, NWQ Investment Management Company,
LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors,
LLC, Winslow Capital Management, LLC and Gresham Investment Management
LLC all of which are registered investment advisers and subsidiaries of
Nuveen Investments, Inc. In total, Nuveen Investments managed
approximately $219 billion as of December 31, 2012. For more
information, please visit the Nuveen Investments website at www.nuveen.com.
Source: Nuveen Investments