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): December 9, 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 December 9, 2016, Nuveen, an operating division of TIAA Global Asset Management, announced that Nuveen Diversified Commodity Fund (“CFD”) and Nuveen Long/Short Commodity Total Return Fund (“CTF,” and together with CFD, the “Funds”) intend to liquidate and distribute their net assets to shareholders. Each Fund trades on NYSE MKT.

After the close of business on December 23, 2016, each Fund will delist its shares. Each Fund intends to make a single liquidating distribution of its net assets on December 30, 2016 (the “Liquidation Date”).

Shareholders may sell their shares in the Funds (subject to any applicable brokerage or transaction costs) until the market close on December 23, 2016. From December 24, 2016, through the Liquidation Date, shares in the Funds will not be traded on NYSE MKT and there will not be a secondary market for the shares. The Funds may begin liquidating positions at any time prior to the Liquidation Date, and when that process begins, they will not be managed in accordance with their investment objectives.

Any shareholders remaining in a Fund on the Liquidation Date will automatically have their shares redeemed for cash at the current net asset value. These liquidating distributions are taxable events. Shareholders should consult their tax advisor about any potential tax consequences.

A copy of the press release regarding the liquidation of the Funds, dated December 9, 2016, is filed as Exhibit 99.1 to this report and is incorporated by reference into this Item 8.01.

Item 9.01. Financial Statements and Exhibits

(d)

Exhibit Number	Description of Exhibit
99.1	Press Release, dated December 9, 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: December 9, 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 Announce Plan to Liquidate

Liquidation Expected to be Completed by December 30, 2016

CHICAGO, December 9, 2016 – Nuveen, an operating division of TIAA Global Asset Management, today announced that Nuveen Diversified Commodity Fund (NYSE MKT: CFD) and Nuveen Long/Short Commodity Total Return Fund (NYSE MKT: CTF) intend to liquidate and distribute their net assets to shareholders. Each fund expects to delist its shares at the close of business on Friday, December 23, 2016, after which time there will be no secondary market for the funds’ shares. Each fund intends to make a single liquidating distribution of its net assets on Friday, December 30, 2016 (Liquidation Date). The funds may begin liquidating positions at any time prior to the Liquidation Date, and when that process begins, they will not be managed in accordance with their investment objectives.

Shareholders had previously approved a plan to convert the funds into exchange-traded funds (ETFs) in an effort to seek closer alignment between the funds’ share price and net asset value. The conversion required approval of a new exchange rule by the Securities and Exchange Commission. Although Nuveen expected to obtain the necessary approval, Nuveen determined that the funds’ future growth prospects as ETFs had diminished over the course of the extended regulatory approval process period and especially more recently, and that it was in the best interest of shareholders to not undertake the conversion and instead liquidate the funds.

Information about the funds’ pricing and performance will continue to be available on Nuveen’s website through year end. Access to Schedule K-1s and information for the 2016 tax year is expected to be provided by the end of the first full week of March, 2017, and will be made available on Nuveen’s website. In accordance with Commodity Futures Trading Commission rules applicable to the funds, each fund will furnish a final audited liquidation statement to shareholders within 90 days after the Liquidation Date.

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 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.

Nuveen Commodities Asset Management, LLC, 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 Nuveen’s website at www.nuveen.com.

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