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Nuveen Diversified Dividend and Income Fund Announces Policy Change

August 28, 2014



CHICAGO--(BUSINESS WIRE)-- Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the Board of Trustees of the Nuveen Diversified Dividend and Income Fund(NYSE: JDD) has approved several changes to the fundís investment policies.

The changes to the investment policies are primarily intended to broaden investment flexibility for the portion of the fund managed by NWQ Investment Management, an affiliate of Nuveen Investments. For full details of the approved changes, please visit the JDD Policy Changes document on our website by clicking here.

More information on other Nuveen closed-end funds is posted on Nuveenís web site at www.nuveen.com/cef.

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 affiliatesóNuveen 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. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments managed $231 billion as of June 30, 2014. For more information, please visit the Nuveen Investments website at www.nuveen.com.

2930-INV-O08/15



Media Contact:

Nuveen Investments

Kristyna Munoz, (312) 917-8343

kristyna.munoz@nuveen.com

Source: Nuveen Investments


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