April 18, 2014 9:40 AM ET

Capital Markets

Company Overview of Nuveen Pennsylvania Dividend Advantage Municipal Fund

Company Overview

As of February 10, 2014 Nuveen Pennsylvania Dividend Advantage Municipal Fund has been acquired by Nuveen Pennsylvania Investment Quality Municipal Fund. Nuveen Pennsylvania Dividend Advantage Municipal Fund 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 Pennsyl...

333 West Wacker Drive

30th Floor

Chicago, IL 60606

United States

Founded in 2001

Phone:

312-917-7700

Fax:

312-917-6912

Key Executives for Nuveen Pennsylvania Dividend Advantage Municipal Fund

Nuveen Pennsylvania Dividend Advantage Municipal Fund does not have any Key Executives recorded.

Nuveen Pennsylvania Dividend Advantage Municipal Fund Key Developments

Nuveen Investments Announces Reorganization of Funds

Nuveen Investments announced the reorganization of Nuveen Pennsylvania Premium Income Municipal Fund 2, Nuveen Pennsylvania Dividend Advantage Municipal Fund, Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 and Nuveen Pennsylvania Investment Quality Municipal Fund into a single, larger fund with lower operating expenses and higher share trading volume will take place after the close of business on February 7, 2014 and be effective as of February 10, 2014, with Nuveen Pennsylvania Investment Quality Municipal Fund acquiring almost all of the assets of Nuveen Pennsylvania Premium Income Municipal Fund 2, Pennsylvania Dividend Advantage Municipal Fund and Nuveen Pennsylvania Dividend Advantage Municipal Fund 2. The acquired fund MTP (Muni-Term Preferred) shares will be replaced one for one with newly issued shares of MTP from Nuveen Pennsylvania Investment Quality Municipal Fund, with relatively similar terms. The acquired fund MTP series being replaced are declaring final distributions for the period February 1, 2014 to February 9, 2014. The final distributions will be paid 3 March 2014 and the new MTP series of the acquiring fund will declare a distribution on the effective date of the merger for the period 10 February 2014 to 28 February 2014. When combined with the distributions below, the distribution will be equal to the shareholders original pre-merger monthly distribution. The new MTP series of the acquiring fund were Nuveen Pennsylvania Dividend Advantage Municipal Fund MTP and Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 MTP.

Nuveen Pennsylvania Dividend Advantage Municipal Fund MTP Declares Distribution, for the Period from February 10, 2014 to February 28, 2014, Payable on March 3, 2014

Nuveen Pennsylvania Dividend Advantage Municipal Fund MTP released dividends of USD 0.005250 per share, to be paid on March 3, 2014 to all shareholders of record on February 7, 2014 for the Period from February 10, 2014 to February 28, 2014. The ex-dividend date is February 5, 2014. The reinvestment date is also March 3, 2014.

Nuveen Pennsylvania Dividend Advantage Municipal Fund Declares Monthly Distribution Payable on March 3, 2014

Nuveen Pennsylvania Dividend Advantage Municipal Fund declared monthly distribution of $0.017500 per share on class C preferred shares. The dividend will be payable on March 3, 2014 to the shareholders record on February 14, 2014. Ex-dividend date is February 12, 2014.

Similar Private Companies By Industry

Company Name Region
Boenning & Scattergood, Inc. United States
Meritage Partners, Inc. United States
Federated Securities Corp United States
Sabrient Systems, LLC United States
Robert Fleming Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Nuveen Pennsylvania Dividend Advantage Municipal Fund, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.