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Nuveen Announces Merger for New Jersey Municipal Closed-End Funds

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Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that shareholders of four Nuveen New Jersey municipal closed-end funds approved a merger. The merger is intended to create a larger fund with lower operating expenses and increased trading volume on the exchange for common shares.

In connection with the shareholder approval, the funds will be merged as follows:

Acquired Fund Symbol Acquiring Fund Symbol

o

Nuveen New Jersey Investment

NQJ
Quality Municipal Fund, Inc.

o

Nuveen New Jersey Premium

NNJ

Nuveen New Jersey Dividend NXJ
Income Municipal Fund, Inc. Advantage Municipal Fund

o

Nuveen New Jersey Dividend

NUJ
Advantage Municipal Fund 2

More information on these and other Nuveen closed-end funds is posted on Nuveen’s web site at www.nuveen.com/cef.

Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates-Nuveen Asset Management, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and subsidiaries of Nuveen Investments, Inc. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments managed $231 billion as of June 30, 2014. For more information, please visit the Nuveen Investments website at www.nuveen.com.

3752-INV-O10/15

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