The fund's investment objective is to achieve a high level of after-tax total return consisting primarily of tax-advantaged dividend income and capital appreciation.
The fund invests primarily (at least 60% of its managed assets) in dividend-paying common stocks that the fund believes at the time of investment are eligible to pay dividends that may be eligible for favorable income taxation (Qualified Dividend Income or QDI). The fund also invests to a more limited extent in preferred stocks that are eligible to pay tax-advantaged dividends (5%-15% of managed assets), as well as in senior loans and other debt instruments (15%-25% of managed assets). The fund uses leverage.
- The Nuveen Tax-Advantaged Total Return Strategy fund seeks to achieve a
high level of after-tax total return consisting primarily of tax-advantaged dividend income and attractive capital appreciation.
- In pursuit of this objective, the fund invests a substantial majority of its assets in common and preferred stocks whose dividends qualify for reduced income tax treatment. (Qualified Dividend Income, or QDI, treatment)
- The fund also invests a portion of its assets in senior loans to generate
additional income and help mitigate the potential net asset value and income volatility of the fund’s leverage structure due to changes in long-term
and short-term interest rates.
| Closing Share Price (As of 9/1/2010) | $10.79 |
| Closing NAV per Share (As of 9/1/2010) | $11.10 |
| Premium / Discount | -2.79% |
| Current Distribution Rate (Market price)†† | 8.53% |
| Distribution Amount (Quarterly) | $0.2300 |
Managed Distribution Policy: This fund has adopted a Managed Distribution
Policy, designed to provide attractive, quarterly distributions throughout the course of the year. Under this policy, the fund seeks to maintain a stable quarterly distribution amount (in cents per common share), comprised of payments received from portfolio companies, as well as net realized fund portfolio capital gains and, if necessary, a return of capital (representing in some cases
net unrealized capital gains). The fund will determine the tax characteristics of all fund distributions after the end of the calendar year and will provide shareholders such information at that time.
View more information about Managed Distributions.
View fund performance and current estimates
of the fund's distribution components.
As of 06/30/2010
Total may not add up to 100% due to rounding.
Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. Past performance is no guarantee of future results.
Fund data is updated daily, monthly, and quarterly, depending on the specific data point.
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