As of August 6, 2012, Nuveen Virginia Dividend Advantage Municipal Fund 2 has been acquired by Nuveen Virginia Premium Income Municipal Fund. Nuveen Virginia 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, Inc. and Nuveen Asset Management. It invests in the fixed income markets of Virginia. The fund invests primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal and Virginia income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P National Municipal Bond Index and the S&P Virginia Municipal Bond Index. Nuveen Virginia Dividend Advantage Municipal 2 Fund was formed on April 19, 2001 and is domiciled in the United States.