From Nuveen

Mary Ann Iudice

Chief Compliance Officer

Prior to joining Nuveen in 2010, Ms. Iudice was the CCO of the Fixed Income, Cash and Currency Group at BNY Mellon Asset Management. Previously, Ms. Iudice held simultaneous CCO and compliance advisory roles at the Robeco Group's U.S. and non-U.S. registered affiliates. Before that, Ms. Iudice was a partner at Boston Partners Asset Management, LLC, serving as the firm's CCO until its acquisition by Robeco. Ms. Iudice also served as a Vice President of Fixed Income and Equity Operations/Administration at The Boston Company Asset Management. Ms. Iudice is a summa cum laude graduate of Northeastern University, University College, and holds a BS in business administration. She is a member of the National Society of Compliance Professionals, serves as the Vice President of the Southern California Compliance Group, and is an occasional speaker at industry conferences.

This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities. The information does not take into account the specific objectives or circumstances of any investor, or suggest any specific course of action. Investment decisions should be made based on an investor's objectives and circumstances and in consultation with his or her advisors. All investments involve risk and there is no assurance that an investment will provide positive performance over any period of time. There is no assurance that downside protection will be achieved.

NWQ Investment Management Company, LLC

2049 Century Park East, Suite 1600 Los Angeles, CA, 90067

(310) 712-4000
(310) 712-4100 (fax)