AMENDED AND RESTATED MASTER CUSTODIAN AGREEMENT
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This Agreement between those NUVEEN INVESTMENT COMPANIES (each such investment
company and each investment company made subject to this Agreement in accordance
with Section 19 herein, be referred to as a "Fund" and collectively as the
"Funds") listed on Appendix A hereto (hereinafter "Appendix A" as it may be
amended from time to time), which may be Massachusetts business trusts or have
such other form of organization as may be indicated, and STATE STREET BANK and
TRUST COMPANY, a Massachusetts trust company (the "Custodian").
WITNESSETH:
WHEREAS, the Funds and the Custodian have entered into a Master Custodian
Agreement, dated as of April 19, 2002 (as amended and in effect, the "Master
Custodian Agreement");
WHEREAS, the Funds and the Custodian desire to replace such existing Master
Custodian Agreement with this Amended and Restated Master Custodian Agreement;
WHEREAS, the Funds are registered under the Investment Company Act of 1940 and
each Fund has appointed the Bank to act as its Custodian;
WHEREAS, the Funds may be authorized to issue shares in separate series, with
each such series representing interests in a separate portfolio of securities
and other assets; and
WHEREAS, each Fund so authorized intends that this Agreement be applicable to
each of its series set forth on Appendix A (each such series together with all
other series subsequently established by the Fund and made subject to this
Agreement in accordance with Section 20 herein, be referred to as a "Portfolio"
and collectively as the "Portfolios").
NOW THEREFORE, in consideration of the mutual covenants and agreements
hereinafter contained, the parties hereto agree as follows:
SECTION 1. EMPLOYMENT OF CUSTODIAN AND PROPERTY TO BE HELD BY IT
Each Fund hereby employs the Custodian as the custodian of the assets of the
Portfolios of the Fund, including securities which the Fund, on behalf of the
applicable Portfolio desires to be held in places within the United States
("domestic securities") and securities it desires to be held outside the United
States ("foreign securities"). Each Fund, on behalf of its Portfolio(s), agrees
to deliver to the Custodian all securities, cash, or other assets of such
Portfolios, and all payments of income, payments of principal or capital
distributions received by it with respect to all securities owned by it from
time to time, and the cash consideration received by it for such new or treasury
shares of beneficial interest of each Fund representing interests in its
Portfolios ("Shares") as may be issued or sold from time to time. The Custodian
shall not be responsible for any property of a Portfolio held or received by the
Fund and not delivered to the Custodian.
