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26.03.2014 23:26:00
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Moody's assigns Aa1 and Aa2 ratings to new preferred shares issued by two Nuveen closed-end funds
New York, March 26, 2014 -- Moody's Investors Service, Inc. ("Moody's") has assigned Aa1 and Aa2 long-term ratings to the newly-issued Institutional MuniFund Term Preferred (iMTP) shares issued by the Nuveen Dividend Advantage Municipal Fund 3 (Ticker: NZF) and the Nuveen New York AMT-Free Municipal Income Fund (Ticker: NRK) (together, "the Funds"), respectively. Moody's has also assigned a Aa1 long-term rating to the newly-issued Variable Rate MuniFund Term Preferred (VMTP) shares issued by fund NZF.
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