Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 5, 2016

 

 

Nuveen Ohio Quality Income Municipal Fund

(Exact name of registrant as specified in its charter)

 

 

 

Massachusetts   811-06385   36-3777457

(State or other jurisdiction

of incorporation)

  (Commission
File Number)
 

(I.R.S. Employer

Identification No.)

 

333 West Wacker Drive
Chicago, Illinois
  60606
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (800) 257-8787

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 20e-4(c) under the Exchange Act (17 CFR 240.20e-4(c))

 

 

 


Item 8.01. Other Events.

Investment Policy Revision

Effective August 5, 2016, a number of Nuveen AMT-Free and non-AMT municipal closed-end funds have approved changes to their investment policies altering the limits on exposure to securities subject to the federal alternative minimum tax applicable to individuals (AMT).

AMT FREE MUNICIPAL FUNDS

The two AMT-Free funds listed below adopted a new investment policy to require the funds to invest 100% of its managed assets in securities the income from which is exempt from AMT at the time of purchase. While the funds were previously being managed as such, the new AMT policy will be in addition to the current policy which requires that only 80% of the funds’ assets be invested in securities exempt from the AMT. The 80% policy was adopted to meet the “Names Rule” under the Investment Company Act of 1940 and is subject to change by the board upon 60 days’ notice to shareholders. The new 100% AMT policy is subject to change by the fund’s board without shareholder notice. The new AMT policy is consistent with Nuveen’s other AMT-Free funds. The new policy was adopted for the following funds:

 

Ticker

  

Nuveen Fund Name

    

NRK

   Nuveen New York AMT-Free Municipal Income Fund   

NKX

   Nuveen California AMT-Free Municipal Income Fund   

MUNICIPAL FUNDS THAT ARE NOT AMT-FREE

All of the Nuveen municipal closed-end funds listed below have adopted an investment policy to limit the amount securities subject to AMT to no more than 20% of a fund’s managed assets. As set forth below the vast majority of these funds previously did not have a limit on AMT securities while six funds had a 30% limit on AMT securities. The new AMT investment policy will replace each fund’s old investment policy. Together with a number of other Nuveen funds, these changes will create a uniform 20% limit on AMT securities across Nuveen’s municipal complex. The following is a list of the funds adopting the new 20% limit and each fund’s previous investment policy with respect to AMT securities.

 

Ticker

  

Nuveen Fund Name

   Prior AMT
Exposure Limit
    New AMT Policy
Limit
 

NAZ

   Nuveen Arizona Premium Income Municipal Fund      30     20

NEV

   Nuveen Enhanced Municipal Value Fund      30     20

NHA

   Nuveen Municipal 2021 Target Term Fund      30     20

NID

   Nuveen Intermediate Duration Municipal Term Fund      30     20

NIQ

   Nuveen Intermediate Duration Quality Municipal Term Fund      30     20

NMZ

   Nuveen Municipal High Income Opportunity Fund      30     20

NAC

   Nuveen California Dividend Advantage Municipal Fund      No Limit        20

NAD

   Nuveen Dividend Advantage Municipal Fund      No Limit        20

NAN

   Nuveen New York Dividend Advantage Municipal Fund      No Limit        20

NCA

   Nuveen California Municipal Value Fund, Inc.      No Limit        20

NIM

   Nuveen Select Maturities Municipal Fund      No Limit        20

NKG

   Nuveen Georgia Dividend Advantage Municipal Fund 2      No Limit        20

NMI

   Nuveen Municipal Income Fund, Inc.      No Limit        20


NMS

  

Nuveen Minnesota Municipal Income Fund

     No Limit         20

NMT

  

Nuveen Massachusetts Premium Income Municipal Fund

     No Limit         20

NMY

  

Nuveen Maryland Premium Income Municipal Fund

     No Limit         20

NNC

  

Nuveen North Carolina Premium Income Municipal Fund

     No Limit         20

NNY

  

Nuveen New York Municipal Value Fund, Inc.

     No Limit         20

NOM

  

Nuveen Missouri Premium Income Municipal Fund

     No Limit         20

NPV

  

Nuveen Virginia Premium Income Municipal Fund

     No Limit         20

NQP

  

Nuveen Pennsylvania Investment Quality Municipal Fund

     No Limit         20

NTC

  

Nuveen Connecticut Premium Income Municipal Fund

     No Limit         20

NTX

  

Nuveen Texas Quality Income Municipal Fund

     No Limit         20

NUM

  

Nuveen Michigan Quality Income Municipal Fund

     No Limit         20

NUO

  

Nuveen Ohio Quality Income Municipal Fund

     No Limit         20

NUV

  

Nuveen Municipal Value Fund, Inc.

     No Limit         20

NVX

  

Nuveen California Dividend Advantage Municipal Fund 2

     No Limit         20

NXJ

  

Nuveen New Jersey Dividend Advantage Municipal Fund

     No Limit         20

NZF

  

Nuveen Enhanced Municipal Credit Opportunities Fund

     No Limit         20

NZH

  

Nuveen California Dividend Advantage Municipal Fund 3

     No Limit         20


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    NUVEEN OHIO QUALITY INCOME MUNICIPAL FUND
Date: August 5, 2016     By:  

/s/ Kevin J. McCarthy

      Kevin J. McCarthy
      Vice President and Secretary