The following dates apply to today’s distribution declaration:
|February 28, 2011|
|Ex-Dividend Date||February 24, 2011|
|Payable Date||March 1, 2011|
|Monthly Taxable Distribution Per Share|
|CFD||Nuveen Diversified Commodity Fund||.1450||-|
Nuveen Commodities Asset Management, LLC ("NCAM"), a wholly-owned subsidiary of Nuveen Investments, is the manager of the fund. The fund invests primarily in a diversified portfolio of commodity futures and options contracts. The fund is an actively-managed, exchange-traded commodity pool. The fund is not a mutual fund, a closed-end fund, or any other type of “investment company” within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.
The fund intends to make regular monthly distributions to its shareholders based on its past and projected performance. Among other factors, the fund will seek to establish a distribution rate that roughly corresponds to NCAM’s projections of the total return that could reasonably be expected to be generated by the fund over an extended period of time. You 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 fund’s distribution policy could change.
Because the 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. The fund anticipates that shareholders will have access to their Schedule K-1 by the end of the first week of March 2011.
Nuveen Investments provides high quality investment services designed to help secure the long-term goals of institutions and high net worth investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of NWQ, Nuveen Asset Management, Santa Barbara, Symphony, Tradewinds, Winslow Capital and Nuveen HydePark. In total, Nuveen Investments managed approximately $195 billion as of December 31, 2010. For more information, please visit the Nuveen Investments website at www.nuveen.com.
Disclosure I am long CFD shares.