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Portfolio of Investments (Unaudited)
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Nuveen Ohio Dividend Advantage Municipal Fund 2 (NBJ)
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November 30, 2011
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Principal
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Optional Call
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Amount (000)
|
|
Description (1)
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Provisions (2)
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Ratings (3)
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Value
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Consumer Staples – 5.3% (3.8% of Total Investments)
|
|
|
|
$ 400
|
|
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
No Opt. Call
|
A3
|
$ 424,076
|
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|
Bonds, Senior Lien, Series 2007A-1, 5.000%, 6/01/16
|
|
|
|
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Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
|
|
|
|
|
Bonds, Senior Lien, Series 2007A-2:
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|
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1,000
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|
5.125%, 6/01/24
|
6/17 at 100.00
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BB–
|
757,130
|
1,750
|
|
5.875%, 6/01/47
|
6/17 at 100.00
|
BB–
|
1,225,508
|
45
|
|
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
|
5/12 at 100.00
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BBB
|
42,118
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Series 2002, 5.375%, 5/15/33
|
|
|
|
3,195
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|
Total Consumer Staples
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|
2,448,832
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Education and Civic Organizations – 12.4% (8.7% of Total Investments)
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|
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|
1,345
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|
Bowling Green State University, Ohio, General Receipts Bonds, Series 2003, 5.250%, 6/01/18 –
|
6/13 at 100.00
|
A+
|
1,416,823
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|
AMBAC Insured
|
|
|
|
365
|
|
Miami University of Ohio, General Receipts Bonds, Series 2011, 5.000%, 9/01/36 (WI/DD,
|
9/21 at 100.00
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AA
|
379,399
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|
Settling 12/21/11)
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|
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450
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|
Ohio Higher Education Facilities Commission, General Revenue Bonds, Kenyon College, Series
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7/16 at 100.00
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A+
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455,958
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2006, 5.000%, 7/01/41
|
|
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1,050
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Ohio Higher Educational Facilities Commission, Revenue Bonds, Wittenberg University, Series
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6/12 at 100.00
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Ba1
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1,050,515
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2001, 5.500%, 12/01/15
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|
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1,000
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|
University of Cincinnati, Ohio, General Receipts Bonds, Series 2003C, 5.000%, 6/01/22 –
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6/13 at 100.00
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A+
|
1,045,180
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FGIC Insured
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|
|
|
1,245
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|
University of Cincinnati, Ohio, General Receipts Bonds, Series 2004D, 5.000%, 6/01/19 –
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6/14 at 100.00
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A+
|
1,340,417
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AMBAC Insured
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|
|
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5,455
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Total Education and Civic Organizations
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5,688,292
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Energy – 1.0% (0.7% of Total Investments)
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500
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Virgin Islands Public Finance Authority, Refinery Facilities Revenue Bonds, Hovensa Coker
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1/13 at 100.00
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Ba2
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478,185
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Project, Senior Lien Series 2002, 6.500%, 7/01/21 (Alternative Minimum Tax)
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Health Care – 26.5% (18.7% of Total Investments)
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|
|
250
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|
Allen County, Ohio, Hospital Facilities Revenue Bonds, Catholic Healthcare Partners, Series
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6/20 at 100.00
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AA–
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254,893
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2010A, 5.250%, 6/01/38
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1,000
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Butler County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2010, 5.500%, 11/01/40
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11/20 at 100.00
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BBB+
|
975,220
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1,090
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Butler County, Ohio, Hospital Facilities Revenue Bonds, Cincinnati Children’s Medical Center
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5/16 at 100.00
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N/R
|
1,021,025
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Project, Series 2006K, 5.000%, 5/15/31 – FGIC Insured
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|
|
|
300
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Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children’s Hospital Project,
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11/19 at 100.00
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Aa2
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306,909
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Improvement Series 2009, 5.250%, 11/01/40
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|
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250
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Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children’s Hospital Project, Series
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11/18 at 100.00
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Aa2
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251,515
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2005, 5.000%, 11/01/40
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480
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Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Tender Option Bond
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11/21 at 100.00
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AA
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487,094
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Trust 11-21B, 9.304%, 11/15/41 (IF) (4)
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600
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Hancock County, Ohio, Hospital Revenue Bonds, Blanchard Valley Regional Health Center, Series
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6/21 at 100.00
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A3
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642,354
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2011A, 6.250%, 12/01/34
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|
865
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Lake County, Ohio, Hospital Facilities Revenue Bonds, Lake Hospital System, Inc., Refunding
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8/18 at 100.00
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Baa1
|
869,403
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Series 2008C, 6.000%, 8/15/43
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|
200
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Lorain County, Ohio, Hospital Revenue Refunding and Improvement Bonds, Catholic Healthcare
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10/12 at 100.00
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AA–
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200,990
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Partners, Refunding Series 2002, 5.375%, 10/01/30
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|
1,850
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Lorain County, Ohio, Hospital Revenue Refunding and Improvement Bonds, Catholic Healthcare
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4/12 at 101.00
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AA–
|
1,873,440
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Partners, Series 2001A, 5.400%, 10/01/21
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460
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Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series
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11/21 at 100.00
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AA–
|
504,234
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2011A, 6.000%, 11/15/41
|
|
|
|
225
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|
Miami County, Ohio, Hospital Facilities Revenue Refunding Bonds, Upper Valley Medical Center
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5/16 at 100.00
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A2
|
236,790
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Inc., Series 2006, 5.250%, 5/15/21
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|
|
700
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Montgomery County, Ohio, Revenue Bonds, Catholic Health Initiatives, Series 2004A,
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5/14 at 100.00
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AA
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708,155
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5.000%, 5/01/30
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|
90
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Montgomery County, Ohio, Revenue Bonds, Miami Valley Hospital, Series 2009A, 6.250%, 11/15/39
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11/14 at 100.00
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Aa3
|
94,175
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35
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Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Cleveland Clinic
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1/18 at 100.00
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Aa2
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37,174
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Health System Obligated Group, Series 2008A, 5.000%, 1/01/25
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Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Summa Health
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System Project, Series 2010:
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400
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|
5.750%, 11/15/40 – AGM Insured
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5/20 at 100.00
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AA–
|
413,396
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40
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|
5.250%, 11/15/40 – AGM Insured
|
5/20 at 100.00
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AA–
|
40,232
|
100
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|
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, University
|
1/15 at 100.00
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A
|
104,220
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|
Hospitals Health System, Series 2009, 6.750%, 1/15/39
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|
|
|
200
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|
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System
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1/19 at 100.00
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Aa2
|
208,622
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Obligated Group, Series 2009A, 5.500%, 1/01/39
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|
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Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System
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|
|
|
|
|
Obligated Group, Tender Option Bond Trust 3551:
|
|
|
|
125
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|
19.675%, 1/01/17 (IF)
|
No Opt. Call
|
Aa2
|
143,395
|
1,000
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|
20.215%, 1/01/33 (IF)
|
1/19 at 100.00
|
Aa2
|
1,172,440
|
375
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|
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System
|
No Opt. Call
|
Aa2
|
439,665
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|
|
Obligated Group, Tender Option Bond Trust 3591, 20.372%, 1/01/17 (IF)
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|
|
|
665
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Richland County, Ohio, Hospital Facilities Revenue Improvement Bonds, MedCentral Health System
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11/12 at 100.00
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A–
|
669,096
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Obligated Group, Series 2000B, 6.375%, 11/15/30
|
|
|
|
350
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|
Richland County, Ohio, Hospital Revenue Bonds, MidCentral Health System Group, Series 2006,
|
11/16 at 100.00
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A–
|
352,646
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|
5.250%, 11/15/36
|
|
|
|
190
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|
Ross County, Ohio, Hospital Revenue Refunding Bonds, Adena Health System Series 2008,
|
12/18 at 100.00
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A
|
194,893
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|
5.750%, 12/01/35
|
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|
11,840
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Total Health Care
|
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|
12,201,976
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Housing/Multifamily – 4.8% (3.4% of Total Investments)
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|
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|
1,000
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Franklin County, Ohio, GNMA Collateralized Multifamily Housing Mortgage Revenue Bonds, Agler
|
5/12 at 102.00
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Aaa
|
1,025,520
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|
|
Project, Series 2002A, 5.550%, 5/20/22 (Alternative Minimum Tax)
|
|
|
|
250
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|
Montgomery County, Ohio, GNMA Guaranteed Multifamily Housing Revenue Bonds, Canterbury Court
|
10/18 at 101.00
|
Aa1
|
258,053
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|
Project, Series 2007, 5.500%, 10/20/42 (Alternative Minimum Tax)
|
|
|
|
215
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|
Ohio Housing Finance Agency, FHA-Insured Multifamily Housing Mortgage Revenue Bonds, Madonna
|
6/16 at 102.00
|
Aaa
|
209,604
|
|
|
Homes, Series 2006M, 4.900%, 6/20/48 (Alternative Minimum Tax)
|
|
|
|
690
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|
Summit County Port Authority, Ohio, Multifamily Housing Revenue Bonds, Callis Tower Apartments
|
9/17 at 102.00
|
Aaa
|
698,936
|
|
|
Project, Series 2007, 5.250%, 9/20/47 (Alternative Minimum Tax)
|
|
|
|
2,155
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|
Total Housing/Multifamily
|
|
|
2,192,113
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|
Housing/Single Family – 1.1% (0.8% of Total Investments)
|
|
|
|
495
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|
Ohio Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2006H, 5.000%,
|
9/15 at 100.00
|
Aaa
|
497,059
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|
|
9/01/31 (Alternative Minimum Tax)
|
|
|
|
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|
Industrials – 10.7% (7.5% of Total Investments)
|
|
|
|
3,000
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|
Ohio State Sewage and Solid Waste Disposal Facilities, Revenue Bonds, Anheuser-Busch Project,
|
5/12 at 100.00
|
A–
|
3,000,896
|
|
|
Series 2001, 5.500%, 11/01/35 (Alternative Minimum Tax)
|
|
|
|
640
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|
Ohio State Water Development Authority, Solid Waste Revenue Bonds, Allied Waste Industries,
|
7/12 at 100.00
|
BBB
|
652,512
|
|
|
Inc., Series 2007A, 5.150%, 7/15/15 (Alternative Minimum Tax)
|
|
|
|
1,000
|
|
Toledo-Lucas County Port Authority, Ohio, Revenue Refunding Bonds, CSX Transportation Inc.,
|
No Opt. Call
|
Baa3
|
1,173,810
|
|
|
Series 1992, 6.450%, 12/15/21
|
|
|
|
500
|
|
Western Reserve Port Authority, Ohio, Solid Waste Facility Revenue Bonds, Central Waste Inc.,
|
7/17 at 102.00
|
N/R
|
88,950
|
|
|
Series 2007A, 6.350%, 7/01/27 (Alternative Minimum Tax) (5), (6)
|
|
|
|
5,140
|
|
Total Industrials
|
|
|
4,916,168
|
|
|
Long-Term Care – 0.9% (0.7% of Total Investments)
|
|
|
|
95
|
|
Franklin County, Ohio, Healthcare Facilities Revenue Bonds, Ohio Presbyterian Retirement
|
7/21 at 100.00
|
BBB
|
95,960
|
|
|
Services, Improvement Series 2010A, 5.625%, 7/01/26
|
|
|
|
340
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|
Montgomery County, Ohio, Health Care and Multifamily Housing Revenue Bonds, Saint Leonard,
|
4/20 at 100.00
|
BBB–
|
341,363
|
|
|
Refunding & improvement Series 2010, 6.625%, 4/01/40
|
|
|
|
435
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|
Total Long-Term Care
|
|
|
437,323
|
|
|
Tax Obligation/General – 37.9% (26.7% of Total Investments)
|
|
|
|
|
|
Cleveland Municipal School District, Cuyahoga County, Ohio, General Obligation Bonds, Series 2004:
|
|
|
|
1,000
|
|
5.000%, 12/01/15 – AGM Insured
|
6/14 at 100.00
|
AA
|
1,090,460
|
1,000
|
|
5.000%, 12/01/22 – AGM Insured
|
6/14 at 100.00
|
AA
|
1,073,260
|
1,000
|
|
Cleveland, Ohio, General Obligation Bonds, Series 2011, 5.000%, 12/01/29
|
12/19 at 100.00
|
AA
|
1,050,080
|
|
|
Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Series 2006:
|
|
|
|
2,095
|
|
0.000%, 12/01/27 – AGM Insured
|
No Opt. Call
|
AA
|
991,626
|
100
|
|
0.000%, 12/01/28 – AGM Insured
|
No Opt. Call
|
AA
|
44,450
|
400
|
|
Cuyahoga County, Ohio, General Obligation Bonds, Series 2004, 5.000%, 12/01/21
|
12/14 at 100.00
|
AA+
|
440,484
|
1,000
|
|
Franklin County, Ohio, General Obligation Bonds, Series 2007, 5.000%, 12/01/27
|
12/17 at 100.00
|
AAA
|
1,091,610
|
400
|
|
Green, Ohio, General Obligation Bonds, Series 2008, 5.500%, 12/01/32
|
12/15 at 100.00
|
AA
|
419,352
|
1,905
|
|
Hamilton City School District, Ohio, General Obligation Bonds, Series 2007, 5.000%, 12/01/34 –
|
6/17 at 100.00
|
AA–
|
1,953,311
|
|
|
AGM Insured
|
|
|
|
1,000
|
|
Indian Lake Local School District, Logan and Auglaize Counties, Ohio, School Facilities
|
6/17 at 100.00
|
Aa3
|
1,033,240
|
|
|
Improvement and Refunding Bonds, Series 2007, 5.000%, 12/01/34 – NPFG Insured
|
|
|
|
345
|
|
Lakewood City School District, Cuyahoga County, Ohio, General Obligation Bonds, Series 2007,
|
12/17 at 100.00
|
Aa2
|
361,653
|
|
|
5.000%, 12/01/30 – FGIC Insured
|
|
|
|
400
|
|
Lucas County, Ohio, General Obligation Bonds, Various Purpose Series 2010, 5.000%, 10/01/40
|
10/18 at 100.00
|
Aa2
|
411,988
|
1,005
|
|
Marysville Exempted School District, Union County, Ohio, General Obligation Bonds, Series
|
12/15 at 100.00
|
AA–
|
1,056,175
|
|
|
2006, 5.000%, 12/01/25 – AGM Insured
|
|
|
|
200
|
|
Mason City School District, Counties of Warren and Butler, Ohio, General Obligation Bonds,
|
6/17 at 100.00
|
Aaa
|
211,766
|
|
|
Series 2007, 5.000%, 12/01/31
|
|
|
|
1,500
|
|
Middletown City School District, Butler County, Ohio, General Obligation Bonds, Refunding
|
No Opt. Call
|
Aa3
|
1,686,645
|
|
|
Series 2007, 5.250%, 12/01/31 – AGM Insured
|
|
|
|
50
|
|
Milford Exempted Village School District, Ohio, General Obligation Bonds, Series 2008,
|
12/18 at 100.00
|
Aa3
|
51,942
|
|
|
5.250%, 12/01/36
|
|
|
|
2,665
|
|
Newark City School District, Licking County, Ohio, General Obligation Bonds, Series 2005,
|
12/15 at 100.00
|
A+
|
2,766,163
|
|
|
5.000%, 12/01/28 – FGIC Insured
|
|
|
|
400
|
|
Northmor Local School District, Morrow County, Ohio, General Obligation School Facilities
|
11/18 at 100.00
|
Aa2
|
413,084
|
|
|
Construction and Improvement Bonds, Series 2008, 5.000%, 11/01/36
|
|
|
|
1,000
|
|
Powell, Ohio, General Obligation Bonds, Series 2002, 5.500%, 12/01/25 – FGIC Insured
|
12/12 at 100.00
|
AA+
|
1,037,810
|
50
|
|
Sylvania City School District, Ohio, General Obligation School Improvement Bonds, Series 1995,
|
6/17 at 100.00
|
Aa2
|
51,823
|
|
|
5.250%, 12/01/36 – AGC Insured
|
|
|
|
200
|
|
Vandalia Butler City School District, Montgomery County, Ohio, General Obligation Bonds,
|
No Opt. Call
|
AA
|
209,376
|
|
|
School Improvment Series 2009, 5.125%, 12/01/37
|
|
|
|
17,715
|
|
Total Tax Obligation/General
|
|
|
17,446,298
|
|
|
Tax Obligation/Limited – 18.2% (12.8% of Total Investments)
|
|
|
|
500
|
|
Cuyhoga County, Ohio, Economic Development Revenue Bonds, Federally Taxable Recovery Zone
|
12/20 at 100.00
|
AA
|
542,410
|
|
|
Facility Medical Mart- Convention Center Project, Series 2010G, 5.000%, 12/01/27
|
|
|
|
175
|
|
Delaware County District Library, Delaware, Franklin, Marion, Morrow and Union Counties, Ohio,
|
12/19 at 100.00
|
Aa2
|
185,469
|
|
|
Library Fund Library Facilities Special Obligation Notes, Series 2009, 5.000%, 12/01/34
|
|
|
|
395
|
|
Government of Guam, Business Privilege Tax Bonds, Series 2011A, 5.125%, 1/01/42 (WI/DD,
|
1/22 at 100.00
|
A
|
401,834
|
|
|
Settling 12/01/11)
|
|
|
|
1,000
|
|
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Lien, Series 2006A, 5.000%, 12/01/32 –
|
12/16 at 100.00
|
A1
|
1,021,500
|
|
|
AMBAC Insured
|
|
|
|
2,000
|
|
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Series 2000B, 0.000%, 12/01/28 –
|
No Opt. Call
|
AA–
|
857,260
|
|
|
AGM Insured
|
|
|
|
250
|
|
Ohio State Building Authority, State Facilities Bonds, Administrative Building Fund Projects,
|
4/15 at 100.00
|
AA
|
270,720
|
|
|
Series 2005A, 5.000%, 4/01/25 – AGM Insured
|
|
|
|
1,000
|
|
Ohio State Building Authority, State Facilities Bonds, Adult Correctional Building Fund
|
4/15 at 100.00
|
AA
|
1,097,170
|
|
|
Project, Series 2005A, 5.000%, 4/01/23 – AGM Insured
|
|
|
|
1,095
|
|
Ohio, State Appropriation Lease Bonds, Parks and Recreation Capital Facilities, Series
|
12/13 at 100.00
|
AA
|
1,173,084
|
|
|
2004A-II, 5.000%, 12/01/18
|
|
|
|
4,065
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
No Opt. Call
|
A+
|
1,003,974
|
|
|
2009A, 0.000%, 8/01/34
|
|
|
|
3,940
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2010A,
|
No Opt. Call
|
A+
|
906,515
|
|
|
0.000%, 8/01/35
|
|
|
|
1,000
|
|
Summit County Port Authority, Ohio, Revenue Bonds, Civic Theatre Project, Series 2001, 5.500%,
|
6/12 at 100.00
|
N/R
|
903,570
|
|
|
12/01/26 – AMBAC Insured
|
|
|
|
15,420
|
|
Total Tax Obligation/Limited
|
|
|
8,363,506
|
|
|
Transportation – 0.2% (0.1% of Total Investments)
|
|
|
|
70
|
|
Cleveland, Ohio, Airport System Revenue Bonds, Series 2001A, 5.000%, 1/01/31 – AGM Insured
|
1/12 at 100.00
|
AA–
|
70,004
|
|
|
U.S. Guaranteed – 12.7% (8.9% of Total Investments) (7)
|
|
|
|
605
|
|
Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Series 2004,
|
12/14 at 100.00
|
AA (7)
|
690,462
|
|
|
5.500%, 12/01/15 (Pre-refunded 12/01/14) – AGM Insured
|
|
|
|
2,420
|
|
Lorain County, Ohio, Limited Tax General Obligation Justice Center Bonds, Series 2002, 5.500%,
|
12/12 at 100.00
|
Aa2 (7)
|
2,546,784
|
|
|
12/01/22 (Pre-refunded 12/01/12) – FGIC Insured
|
|
|
|
1,000
|
|
Marysville Exempted Village School District, Ohio, Certificates of Participation, School
|
6/15 at 100.00
|
N/R (7)
|
1,152,470
|
|
|
Facilities Project, Series 2005, 5.250%, 12/01/21 (Pre-refunded 6/01/15) – NPFG Insured
|
|
|
|
210
|
|
Ohio Water Development Authority, Revenue Bonds, Drinking Water Assistance Fund, State Match,
|
6/18 at 100.00
|
AAA
|
254,783
|
|
|
Series 2008, 5.000%, 6/01/28 (Pre-refunded 6/01/18) – AGM Insured
|
|
|
|
1,050
|
|
Olentangy Local School District, Delaware and Franklin Counties, Ohio, General Obligation
|
6/14 at 100.00
|
AA+ (7)
|
1,177,953
|
|
|
Bonds, Series 2004A, 5.500%, 12/01/15 (Pre-refunded 6/01/14) – FGIC Insured
|
|
|
|
5,285
|
|
Total U.S. Guaranteed
|
|
|
5,822,452
|
|
|
Utilities – 9.8% (6.9% of Total Investments)
|
|
|
|
1,000
|
|
American Municipal Power Ohio Inc., General Revenue Bonds, Prairie State Energy Campus Project
|
2/18 at 100.00
|
A1
|
1,040,440
|
|
|
Series 2008A, 5.250%, 2/15/43
|
|
|
|
1,065
|
|
Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B, 0.000%, 11/15/32 –
|
No Opt. Call
|
A2
|
353,931
|
|
|
NPFG Insured
|
|
|
|
2,500
|
|
Ohio Air Quality Development Authority, Revenue Refunding Bonds, Ohio Power Company Project,
|
5/12 at 100.00
|
Baa1
|
2,500,975
|
|
|
Series 1999C, 5.150%, 5/01/26 – AMBAC Insured
|
|
|
|
595
|
|
Ohio Municipal Electric Generation Agency, Beneficial Interest Certificates, Belleville
|
2/14 at 100.00
|
A1
|
625,089
|
|
|
Hydroelectric Project – Joint Venture 5, Series 2004, 5.000%, 2/15/20 – AMBAC Insured
|
|
|
|
5,160
|
|
Total Utilities
|
|
|
4,520,435
|
|
|
Water and Sewer – 0.4% (0.3% of Total Investments)
|
|
|
|
130
|
|
City of Marysville, Ohio, Water System Mortgage Revenue Bonds, Series 2007, 5.000%, 12/01/32 –
|
12/17 at 100.00
|
A1
|
133,903
|
|
|
AMBAC Insured
|
|
|
|
50
|
|
Ironton, Ohio, Sewer System Improvement Revenue Bonds, Series 2011, 5.250%, 12/01/40 –
|
12/20 at 100.00
|
Aa3
|
52,318
|
|
|
AGM Insured
|
|
|
|
180
|
|
Total Water and Sewer
|
|
|
186,221
|
$ 73,045
|
|
Total Investments (cost $63,146,060) – 141.9%
|
|
|
65,268,864
|
|
|
MuniFund Term Preferred Shares, at Liquidation Value – (52.7)% (8)
|
|
|
(24,244,000)
|
|
|
Other Assets Less Liabilities – 10.8%
|
|
|
4,960,897
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 45,985,761
|