8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 24, 2016

Nuveen Long/Short Commodity Total Return Fund

(Exact name of registrant as specified in its charter)

Delaware	001-35710	45-2470177
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)
333 West Wacker Drive Chicago, Illinois		60606
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (877) 827-5920

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events

On October 24, 2016, Nuveen, an operating division of TIAA Global Asset Management, announced the expiration of the public comment period for the review by the Securities and Exchange Commission (“SEC”) of the proposed new exchange rule pursuant to which shares of Nuveen Diversified Commodity Fund (“CFD”) and Nuveen Long/Short Commodity Total Return Fund (“CTF,” and together with CFD, the “Funds”) would trade upon conversion of each respective Fund into an exchange-traded fund (ETF).

A copy of the press release regarding the expiration of the public comment period with respect to the proposed new exchange rule, dated October 24, 2016, is filed as Exhibit 99.1 to this report and is incorporated by reference into this Item 8.01.

The Funds will provide an update on the expected timing of the conversion and other related information when it becomes available. The Funds are not currently, and after the conversion will not be, mutual funds or any other type of investment company within the meaning of the Investment Company Act of 1940.

A registration statement relating to the securities each Fund intends to issue following the conversion has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement of each Fund becomes effective.

Shareholders are able to obtain, free of charge, copies of the registration statements referred to above and any prospectus included therein, as well as any other documents filed by the Funds with the SEC at the SEC’s website at www.sec.gov, by calling NCAM at 877-827-5920 or by writing to the Funds at 333 W. Wacker Drive, Chicago, Illinois, 60606.

Item 9.01. Financial Statements and Exhibits

(d)

Exhibit Number	Description of Exhibit
99.1	Press Release, dated October 24, 2016

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NUVEEN LONG/SHORT COMMODITY TOTAL RETURN FUND

By: Nuveen Commodities Asset Management, LLC, its Manager

Date: October 24, 2016

/s/ William Adams IV

William Adams IV

President

(Principal Executive Officer)

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

ATTENTION: BUSINESS/FINANCIAL EDITORS

MEDIA CONTACT:

KRISTYNA MUNOZ

(312) 917-8343

KRISTYNA.MUNOZ@NUVEEN.COM

Nuveen Commodity Funds Provide Update on Proposed Conversion to ETF Structure

Public Comment Period on Proposed Exchange Rule Ends

CHICAGO, October 24, 2016 – Nuveen, an operating division of TIAA Global Asset Management, today announced the expiration of the public comment period for the review by the Securities and Exchange Commission (SEC) of the proposed new exchange rule pursuant to which shares of Nuveen Diversified Commodity Fund (NYSE:CFD) and Nuveen Long/Short Commodity Total Return Fund (NYSE:CTF) would trade upon conversion of each respective fund into an exchange-traded fund (ETF). The proposed rule was initially published in the Federal Register on June 13, 2016, and was subject to an initial review period of 45 days. The SEC has twice extended the review period, with the current review period scheduled to end on or about December 8, 2016. The public comment period for the current review period ended on October 20, 2016. The SEC may take action on the proposed rule at any time during the current review period, and may further extend the review period for up to an additional 60 days.

If the SEC approves the proposed rule, the funds intend to complete their conversion to ETFs as soon as practicable thereafter. There can be no assurance that approval will be obtained, or if obtained, that the conversion will be completed in the anticipated time frame. Although Nuveen continues to believe that the conversion is in the best interests of shareholders of the funds and that the proposed rule should and will be approved, in the event that the rule is not approved, Nuveen will consider all available options, including liquidation of the funds. The funds will continue to provide updates as new information becomes available.

The funds are not currently, and after the conversion will not be, mutual funds or any other type of investment company within the meaning of the Investment Company Act of 1940. A registration statement relating to the securities each fund intends to issue following the conversion has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement of each fund becomes effective.

Shareholders are able to obtain, free of charge, copies of the registration statements referred to above and any prospectus included therein, as well as any other documents filed by the funds with the SEC at the SEC’s website at www.sec.gov, by calling Nuveen Commodities Asset Management, LLC (NCAM) at 877-827-5920 or by writing to the funds at 333 W. Wacker Drive, Chicago, Illinois, 60606.

Investments in shares of the funds are subject to investment risk, including the possible loss of the entire amount invested. The funds currently invest primarily in commodity futures contracts and options on commodity futures contracts, which have a high degree of price variability and are subject to rapid and substantial price changes. The funds could incur significant losses on their commodity investments. The funds are not currently, and after the conversion will not be, mutual funds or any other type of “investment company” within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder. For more information about the funds, including a more complete description of risks, please see the funds’ website, which is publicly available at no charge. The information and other content contained on or linked from the funds’ website is not incorporated by reference in each fund’s prospectus and should not be considered a part of each fund’s prospectus.

This is not a solicitation to buy or sell the funds’ shares, nor is it a solicitation of any proxy. The funds do not presently offer any new shares for sale; existing shares trade on the NYSE MKT.

NCAM, a wholly-owned subsidiary of Nuveen, is the manager of the funds and is registered as a commodity pool operator with the Commodity Futures Trading Commission. Nuveen provides investment solutions designed to help secure the long-term goals of individual investors and the financial advisors who serve them. Through the expertise and capabilities of TIAA Global Asset Management’s high-caliber investment managers, Nuveen is committed to providing world-class consultative services and advice that align with client needs. Nuveen is an operating division of TIAA Global Asset Management. For more information, please visit the Nuveen’s website at www.nuveen.com.

###