Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the first monthly distribution declaration for the Nuveen High Income 2020 Target Term Fund (NYSE: JHY) of $.0570 per share. The fund began trading on the NYSE on July 29, 2015. This first distribution reflects an annualized distribution rate of 6.84 percent based on the fund’s $10.00 per share IPO price.

The following dates apply to today’s distribution declaration:

Record Date   August 26, 2015  
Ex-Dividend Date August 24, 2015
Payable Date September 1, 2015
   

Ticker

Fund Name

Distribution
Per Share

JHY Nuveen High Income 2020 Target Term Fund $.0570

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 independent investment subsidiaries of Nuveen Investments, Inc. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen Investments operates as a separate subsidiary within TIAA-CREF, which is a leading provider of retirement and financial services in the academic, research, medical and cultural fields. In total, Nuveen Investments managed approximately $230 billion as of June 30, 2015. For more information, please visit the Nuveen Investments website at www.nuveen.com.

9943-INV-O-08/16