New York, March 09, 2015 -- Moody's Investors Service, Inc. ("Moody's") has upgraded to P-1 from P-2 the short-term rating of the existing Variable Rate Demand Preferred Shares ("VRDP") issued by four closed-end funds managed by Nuveen Fund Advisors, LLC. Effective at the close of business on March 27, 2015, The Toronto-Dominion Bank will replace Deutsche Bank Trust Company Americas as the liquidity support provider for four series of VRDP. The rating upgrades are based on the rating substitutions for TD Bank's short-term rating.

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