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As of June 8, 2015, Nuveen New York Dividend Advantage Municipal Fund 2 was acquired by Nuveen New York Dividend Advantage Municipal Fund. Nuveen New York Dividend Advantage Municipal Fund 2 is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor’s New York Municipal Bond Index and Standard & Poor’s National Municipal Bond Index. Nuveen New York Dividend Advantage Municipal Fund 2 was formed on March 27, 2001 and is domiciled in the United States.
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