Nuveen Diversified Commodity Fund Declares Monthly Distribution

Nuveen Investments, a leading global provider of investment services to institutions, high-net-worth and affluent investors, today announced that the Nuveen Diversified Commodity Fund (NYSE AMEX:CFD) had declared its regular monthly distribution in the amount of $ .1450 per share.

The following dates apply to today’s distribution declaration:

Record Date		February 29, 2012
Ex-Dividend Date		February 27, 2012
Payable Date		March 1, 2012
Reinvest Date		March 1, 2012
										Change From
Ticker		Taxable Funds				Amount				Previous Month
CFD		Diversified Commodity Fund				.1450				-

Nuveen Commodities Asset Management, LLC ("NCAM"), a wholly-owned subsidiary of Nuveen Investments, is the manager of the fund. The fund invests primarily in a diversified portfolio of commodity futures and options contracts. The fund is an actively-managed, exchange-traded commodity pool. The fund is not a mutual fund, a closed-end fund, or any other type of “investment company” within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

The fund intends to make regular monthly distributions to its shareholders based on its past and projected performance. Among other factors, the fund will seek to establish a distribution rate that roughly corresponds to NCAM’s projections of the total return that could reasonably be expected to be generated by the fund over an extended period of time. Investors should not draw any conclusions about a fund’s past or future investment performance from its current distribution rate. As market conditions and portfolio performance may change, the rate of distributions on the shares and the fund’s distribution policy could change.

Because the fund expects to be classified as a partnership for tax purposes, shareholders will be allocated their pro-rata share of the fund’s income, gains, losses, deductions and credits for purposes of computing their tax liability. Fund shareholders will receive a Schedule K-1 which reports their allocable portion of such tax items. The Schedule K-1 is expected to be available to shareholders in March 2012.

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, Symphony Asset Management, NWQ Investment Management Company, Santa Barbara Asset Management, Tradewinds Global Investors, Winslow Capital Management, and Gresham Investment Management. In total, Nuveen Investments managed $207 billion as of October 31, 2011. For more information, please visit the Nuveen Investments website at www.nuveen.com.