Nuveen Quality Preferred Income Fund 2 (JPS)

[Wildbilly]

Nuveen Closed-End Funds Declare Monthly Distributions

CHICAGO--(BUSINESS WIRE)--December 02, 2013--
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 87 Nuveen closed-end funds declared regular monthly distributions. These funds represent a broad range of tax-exempt, taxable fixed and floating rate income investment strategies for investors seeking to build sophisticated and diversified long-term investment portfolios for cash flow. The funds' monthly distributions are listed below.
The following dates apply to today's distribution declarations for the following Closed-End Funds:

Record Date December 13, 2013
Ex-Dividend Date December 11, 2013
Payable Date December 31, 2013

Monthly Tax-Free Distribution Per  
 Ticker    MuniFund Term Preferred                          Share  
 --------  ---------------------------------  ---------------------------------  
           Nuveen New York Dividend  
 NAN PrC    Advantage Municipal Fund MTP                   .022500  
           Nuveen New York Dividend  
 NAN PrD    Advantage Municipal Fund MTP                   .020833  
           Nuveen California Premium Income  
 NCU PrC    Municipal Fund MTP                             .016667  
           Nuveen Massachusetts AMT-Free  
 NGX PrC    Municipal Income Fund MTP                      .022083  
           Nuveen Georgia Dividend Advantage  
 NKG PrC    Municipal Fund 2 MTP                           .022083  
           Nuveen Georgia Dividend Advantage  
 NKG PrD    Municipal Fund 2 MTP                           .022083  
           Nuveen Georgia Dividend Advantage  
 NKG PrE    Municipal Fund 2 MTP                           .022083  
           Nuveen Massachusetts Dividend  
 NMB PrC    Advantage Municipal Fund MTP                   .021667  
           Nuveen Massachusetts Premium  
 NMT PrC    Income Municipal Fund MTP                      .022083  
           Nuveen Massachusetts Premium  
 NMT PrD    Income Municipal Fund MTP                      .022917  
           Nuveen Maryland Premium Income  
 NMY PrC    Municipal Fund MTP                             .022083  
           Nuveen Maryland Premium Income  
 NMY PrD    Municipal Fund MTP                             .024167  
           Nuveen North Carolina Premium  
 NNC PrC    Income Municipal Fund MTP                      .022083  
           Nuveen North Carolina Premium  
 NNC PrD    Income Municipal Fund MTP                      .021667  
           Nuveen North Carolina Premium  
 NNC PrE    Income Municipal Fund MTP                      .021667  
           Nuveen North Carolina Premium  
 NNC PrF    Income Municipal Fund MTP                      .021667  
           Nuveen North Carolina Premium  
 NNC PrG    Income Municipal Fund MTP                      .022083  
           Nuveen Missouri Premium Income  
 NOM PrC    Municipal Fund MTP                             .017500  
           Nuveen New York AMT-Free  
 NRK PrC    Municipal Income Fund MTP                      .021250  
           Nuveen Connecticut Premium Income  
 NTC PrC    Municipal Fund MTP                             .022083  
           Nuveen Connecticut Premium Income  
 NTC PrD    Municipal Fund MTP                             .021250  
           Nuveen Connecticut Premium Income  
 NTC PrE    Municipal Fund MTP                             .021667  
           Nuveen Connecticut Premium Income  
 NTC PrF    Municipal Fund MTP                             .021667  
           Nuveen Connecticut Premium Income  
 NTC PrG    Municipal Fund MTP                             .022083  
           Nuveen Texas Quality Income  
 NTX PrC    Municipal Fund MTP                             .019167  
           Nuveen New Jersey Dividend  
 NUJ PrC    Advantage Municipal Fund 2 MTP                 .016667  
           Nuveen Pennsylvania Dividend  
 NVY PrC    Advantage Municipal Fund 2 MTP                 .017917  
           Nuveen New York Dividend  
 NXK PrC    Advantage Municipal Fund 2 MTP                 .021250  
           Nuveen Pennsylvania Dividend  
 NXM PrC    Advantage Municipal Fund MTP                   .017500  
           Nuveen Dividend Advantage  
 NZF PrC    Municipal Fund 3 MTP                           .023333  
           Nuveen Maryland Premium Income  
 NMY PrG    Municipal Fund MTP                             .022083  
           Nuveen Maryland Premium Income  
 NMY PrE    Municipal Fund MTP                             .021667  
           Nuveen Maryland Premium Income  
 NMY PrF    Municipal Fund MTP                             .021667  
           Nuveen Maryland Premium Income  
 NMY PrH    Municipal Fund MTP                             .023750

Monthly distributions from Nuveen's municipal closed-end funds and portfolios are generally exempt from regular Federal income taxes, and monthly distributions of single-state municipal funds and portfolios are also exempt from state and, in some cases, local income taxes for in-state residents. Unless otherwise stated in the funds' objectives, monthly distributions of the municipal funds and portfolios may be subject to the Federal Alternative Minimum Tax for some shareholders.*
All of Nuveen's closed-end funds seek to pay stable distributions at rates that reflect each fund's past results and projected future performance. During certain periods, each fund may pay distributions at a rate that may be more or less than the amount of net investment income actually earned by the fund during the period. If a fund cumulatively earned more than it has paid in distributions, it holds the excess in reserve as undistributed net investment income (UNII) as part of the fund's net asset value (NAV). Conversely, if a fund has cumulatively paid distributions in excess of its earnings, the excess constitutes negative UNII that is likewise reflected in the fund's NAV. Each fund will, over time, pay all of its net investment income as distributions to shareholders. The funds' positive or negative UNII balances are disclosed from time to time in their periodic shareholder reports, and are also on www.nuveen.com/cef
In addition, distributions for certain funds investing in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to each fund after year-end by REIT securities held by each fund. The Nuveen preferred securities funds, JTP, JPS and JHP may invest in REITs; a list of funds that are likely to be affected by re-characterization is posted to www.nuveen.com each January, and updated tax characteristics are posted to the web site and mailed to shareholders via form 1099-DIV during the first quarter of the year.
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. Funds distributed by Nuveen Securities, LLC., a subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments managed nearly $215 billion as of September 30, 2013. For more information, please visit the Nuveen Investments website at www.nuveen.com.
*Nuveen does not provide tax advice; consult a professional tax advisor regarding your specific tax situation.

CONTACT: Nuveen Investments
Media Contact:
Kristyna Munoz
[phone]
[e-mail]


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(END) Dow Jones Newswires
December 02, 2013 17:07 ET (22:07 GMT)- - 05 07 PM EST 12-02-13
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