As of August 6, 2012, Nuveen Maryland Dividend Advantage Municipal Fund 2 has been acquired by Nuveen Maryland Premium Income Municipal Fund. Nuveen Maryland Dividend Advantage Municipal Fund 2 is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is managed by Nuveen Asset Management. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments the income from which is exempt from regular federal and Maryland income taxes. It seeks to invest in investment grade securities. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor’s (S&P) Maryland Municipal Bond Index and Standard & Poor’s (S&P) National Municipal Bond Index. Nuveen Maryland Dividend Advantage Municipal Fund 2 was formed on April 6, 2001 and is domiciled in the United States.