New York, August 28, 2013 -- Moody's Investors Service, ("Moody's") has put on review for possible upgrade the P-2 short-term ratings of Variable Rate Demand Preferred (VRDP) Shares/Series issued by 12 closed-end funds. The short term ratings of the VRDP shares are based on Liquidity Purchase Agreements provided by Bank of America, N.A. and Citibank, N.A. These rating actions follow Moody's rating actions taken on August 22, 2013 placing the short-term ratings of the Bank of America, N.A. and Citibank, N.A. on review for possible upgrade. The closed-end funds, listed below, are managed by either BlackRock Advisors, LLC, or Nuveen Fund Advisors, LLC. Please use the following link to access Moody's announcement of these rating actions:

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