Company Website: http://www.nuveen.com
CHICAGO -- (Business Wire)

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the final, liquidating distribution declaration for the Nuveen Tax-Advantaged Floating Rate Fund (formerly NYSE MKT: JFP). As previously announced, the fund closed its books and records after the close of business on June 22, 2012 and its common shares ceased to be traded. The fund’s final, liquidating distribution will be $2.59 per share which equals the fund’s final net asset value per common share as of June 27, 2012. The full amount of the distribution will constitute a return of capital for tax purposes.

The following date applies to today’s distribution declaration:

June 27, 2012 is the liquidation date, and it is anticipated that the liquidating payment will be distributed shortly thereafter. More detailed information about the liquidation process can be found in the JFP Liquidation Q&A by clicking here.

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, Symphony Asset Management, NWQ Investment Management Company, Santa Barbara Asset Management, Tradewinds Global Investors, Winslow Capital Management, and Gresham Investment Management. In total, Nuveen Investments managed approximately $227 billion as of March 31, 2012. For more information, please visit the Nuveen Investments website at www.nuveen.com.

Contacts:

Nuveen Investments
Media Contact:
Kristyna Munoz, (312) 917-8343
kristyna.munoz@nuveen.com

Source: Nuveen Investments