JMLP Nuveen All Cap Energy MLP Opportunities Fund

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced it has successfully completed the initial public offering of the Nuveen All Cap Energy MLP Opportunities Fund (NYSE: JMLP). The new closed-end fund’s investment objective is to provide a high level of total return including current distributions and capital appreciation. The fund will seek to achieve its investment objective by investing primarily in master limited partnerships, or MLPs, in the energy sector (or other entities that offer economic exposure to energy MLPs) of any capitalization, with a focus on small and mid cap energy MLPs.

The fund will begin trading on the New York Stock Exchange (NYSE) today, under the symbol JMLP. The fund’s net asset value (NAV) can be viewed under the NASDAQ fund symbol XJMLX.

The fund raised approximately $255 million (before deduction of the sales load and offering expenses payable by the fund) in its common share offering, excluding any exercise of the underwriters’ option to purchase additional shares. If the underwriters exercise that option in full, the fund will have raised approximately $293 million.

Nuveen Fund Advisors, LLC, a subsidiary of Nuveen Investments, is the fund’s investment adviser, responsible for the fund’s overall investment strategy and its implementation, including the use of leverage. Advisory Research, Inc. (ARI), a subsidiary of Piper Jaffray Companies, is the fund’s subadviser, responsible for investing the fund’s assets. The lead managers of the underwriting syndicate were UBS Investment Bank, Wells Fargo Securities, Citigroup, RBC Capital Markets and Nuveen Securities.

Shares of closed-end investment companies, like the fund, usually trade on a national stock exchange. Similar to stocks, the fund’s share price will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value.

Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and subsidiaries of Nuveen Investments, Inc. In total, Nuveen Investments managed approximately $221 billion as of December 31, 2013. For more information, please visit the Nuveen Investments website at www.nuveen.com.

Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the fund carefully before investing. For a prospectus which contains this and other information relevant to an investment in the fund, please contact your securities representative or Nuveen Securities, LLC, 333 W. Wacker Drive, Chicago, IL 60606. Investors should read the prospectus carefully before they invest or send money.

This document is not an offer to sell securities and is not soliciting an offer to buy securities in any jurisdiction where the offer or sale is not permitted.

Media Contact:Nuveen InvestmentsKristyna Munoz, (312) 917-8343kristyna.munoz@nuveen.com

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