CORRECTING and REPLACING Nuveen Announces Completion of Ohio and Arizona Closed-End Fund Mergers

CHICAGO–(BUSINESS WIRE)– Please replace the release with the following corrected version to correct the table listing Exchange Ratios.

The corrected release reads:

NUVEEN ANNOUNCES COMPLETION OF OHIO AND ARIZONA CLOSED-END FUND MERGERS

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the reorganizations of certain Nuveen Ohio and Arizona closed-end funds were completed prior to the opening of the New York Stock Exchange on April 8, 2013. As part of a previously announced reorganization, the funds have been merged as outlined in the table below. Additionally, the change of domicile reorganization from a Minnesota corporation to a Massachusetts business trust is now complete.