NUVEEN N.Y.MUN.VAL.FD

NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.» Mehr auf businesswire.com

NEW YORK--(BUSINESS WIRE)--Nuveen today announced that the Nuveen New York Municipal Value Fund (NYSE: NNY) has declared a post-reorganization distribution. The distributions follow the pre-reorganization distribution, announced on March 30, 2021. The following dates apply to today's post-reorganization distribution declaration: Record Date April 22, 2021 Ex-Dividend Date April 21, 2021 Payable Date May 3, 2021 Per Share Distribution Ticker Exchange Fund Name Tax-Exempt Income NNY NYSE Nuveen N» Mehr auf businesswire.com

NEW YORK--(BUSINESS WIRE)--Four Nuveen Closed-End Funds announced pre-reorganization distributions. The specific distribution dates and amounts are detailed below. As previously announced, shareholders of the Nuveen Maryland Quality Municipal Income Fund (NYSE: NMY) have approved the fund’s reorganization into Nuveen Quality Municipal Income Fund (NYSE: NAD). Additionally, shareholders of the Nuveen New York Municipal Value Fund, Inc. (NYSE: NNY) have approved a change of domicile reorganization from a Minnesota corporation to a Massachusetts business trust. Upon completion of the change of domicile, NNY will become Nuveen New York Municipal Value Fund. Shareholders of the Nuveen New York Municipal Value Fund 2 (NYSE: NYV) also have approved the fund’s reorganization into NNY. The pre-reorganization distribution for each fund being acquired is intended to fully distribute the acquired fund’s accumulated undistributed net investment income (UNII) prior to the reorganization going effective. Following the transactions, NNY is expected to declare an additional post-closing distribution, with a record date of April 22, 2021, payable May 3, 2021. NAD is not expected to declare any additional post-closing distribution. For each fund, the total per-common share dollar amount of the pre- and post-closing tax-exempt distributions received on May 3, 2021 will be equal to or greater than the per-common share dollar amount of the prior month’s tax-exempt dividend. The following dates apply to today's pre-reorganization distribution declarations: Record Date April 9, 2021 Ex-Dividend Date April 8, 2021 Payable Date May 3, 2021 Per Share Distribution Ticker Exchange Fund Name Tax-Exempt Income Ordinary Income Long-Term Capital Gain NMY NYSE Nuveen Maryland Quality Municipal Income Fund $0.0718 $0.0000 $0.0000 NAD NYSE Nuveen Quality Municipal Income Fund $0.0595 $0.0000 $0.0000 NYV NYSE Nuveen New York Municipal Value Fund 2 $0.0211 $0.0000 $0.0000 NNY NYSE Nuveen New York Municipal Value Fund, Inc. $0.0207 $0.0000 $0.0000 For more information about UNII, each fund and the shareholder-approved reorganizations, please visit www.nuveen.com/CEF. 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 $1.2 trillion in assets under management as of 31 Dec 2020 and operations in 27 countries. Its investment specialists 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. FORWARD LOOKING STATEMENTS Certain statements made in this release are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to: market developments; legal and regulatory developments; and other additional risks and uncertainties. Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statement. EPS-1584339PR-E0321X» Mehr auf businesswire.com