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As of February 10, 2014 Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 has been acquired by Nuveen Pennsylvania Investment Quality Municipal Fund. Nuveen Pennsylvania 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 Pennsylvania. 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 Pennsylvania Municipal Bond Index and Standard & Poor’s National Municipal Bond Index. Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 was formed on April 19, 2001 and is domiciled in the United States.
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