NVY Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 Common Shares of Beneficial Interest

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that 86 Nuveen closed-end funds declared regular monthly distributions. These funds represent a broad range of tax-exempt, taxable fixed and floating rate income investment strategies for investors seeking to build sophisticated and diversified long-term investment portfolios for cash flow. The funds’ monthly distributions are listed below.

The following dates apply to today's distribution declarations for the following Closed-End Funds:

Record Date     September 13, 2013 Ex-Dividend Date September 11, 2013 Payable Date October 1, 2013     Monthly Tax-Free Distribution Per Share   Change From

Ticker

Fund Name

Amount   Previous Month   NXP Select Portfolio $.0525 - NXQ Select Portfolio 2 $.0525 - NXR Select Portfolio 3 $.0525 - NXC CA Select Portfolio $.0570 - NXN NY Select Portfolio $.0525 - NUV Municipal Value $.0370 - NUW Municipal Value 2 $.0670 - NCA CA Municipal Value $.0390 - NNY NY Municipal Value $.0310 - NMI Municipal Income $.0475 - NIM Select Maturities $.0285 - NYV NY Municipal Value 2 $.0560 - NCB CA Municipal Value 2 $.0650 - NJV NJ Municipal Value $.0520 - NPN PA Municipal Value $.0530 -

Leveraged Funds

National

NPI Premium Income $.0720 - NPP Performance Plus $.0770 - NMA Advantage $.0670 - NMO Market Opportunity $.0645 - NQM Investment Quality $.0800 - NQI Quality Municipal $.0660 - NQS Select Quality $.0650 - NQU Quality Income $.0655 -   Change From Amount   Previous Month NIO Municipal Opportunity $.0730 - NPF Premier $.0700 - NPM Premium Income 2 $.0720 - NPT Premium Income 4 $.0680 - NAD Dividend Advantage $.0730 - NEA AMT-Free Municipal Income $.0685 - NXZ Dividend Advantage 2 $.0670 - NZF Dividend Advantage 3 $.0580 - NVG Dividend Advantage Municipal $.0545 - NMZ High Income Opportunity Fund $.0730 - NEV Enhanced Municipal Value Fund $.0800 - NID Int. Duration Municipal Term Fund $.0550 - NIQ Int. Duration Quality Municipal Term Fund $.0480 -

California

NKX CA AMT-Free Municipal Income $.0700 - NCP Performance Plus $.0790 - NCO Market Opportunity $.0800 - NQC Investment Quality $.0770 - NVC Select Quality $.0830 - NUC Quality Income $.0850 - NCU Premium Income $.0700 - NAC Dividend Advantage $.0740 - NVX Dividend Advantage 2 $.0750 - NZH Dividend Advantage 3 $.0670 -

New York

NRK AMT-Free Municipal Income $.0690 - NNP Performance Plus $.0710 - NAN Dividend Advantage $.0630 - NXK Dividend Advantage 2 $.0550 -

Other State Funds

NAZ AZ Premium Income $.0640 - NTC CT Premium Income $.0570 - NKG GA Dividend Advantage 2 $.0535 - NMT MA Premium Income $.0555 - NMB MA Dividend Advantage $.0540 - NGX Insured MA Tax-Free Advantage $.0480 - NMY MD Premium Income $.0555 - NUM MI Quality Income $.0740 - NOM MO Premium Income $.0610 - NNC NC Premium Income $.0503 - NQJ NJ Investment Quality $.0670 - NNJ NJ Premium Income $.0710 - NXJ NJ Dividend Advantage $.0550 - NUJ NJ Dividend Advantage 2 $.0565 - NUO OH Quality Income $.0800 - NQP PA Investment Quality $.0700 - NPY PA Premium Income 2 $.0700 - NXM PA Dividend Advantage $.0595 -   Change From Amount   Previous Month NVY PA Dividend Advantage 2 $.0620 - NTX TX Quality Income $.0580 - NPV VA Premium Income $.0595 -     Monthly Taxable Distribution Per Share

Closed-End Funds:

  Change From   Long-Term

Ticker

Taxable Funds

Amount   Previous Month   Capital Gain

Preferred Securities

JTP Quality Preferred Income Fund $.0520 .0020 - JPS Quality Preferred Income Fund 2 $.0550 - - JHP Quality Preferred Income Fund 3 $.0520 - - JPC Preferred Income Opportunities Fund $.0633 - - JPI Preferred and Income Term Fund $.1690 - - JPW Nuveen Flexible Investment Income Fund $.1260 - -

Floating Rate: Corporate Loans

NSL Senior Income Fund $.0390 (.0020) - JFR Floating Rate Income Fund $.0670 (.0030) - JRO Floating Rate Income Opportunity Fund $.0690 (.0040) - JSD Short Duration Credit Opportunities Fund $.1220 (.0040) - JQC Credit Strategies Income Fund $.0580 (.0040) -

Mortgage-Backed Securities

JLS Mortgage Opportunity Term Fund $.1405 (.0180) $.0998 JMT Mortgage Opportunity Term Fund 2 $.1425 (.0170) $.4397

Taxable Municipal

$.0000 - - NBB Build America Bond Fund $.1160 .0025 - NBD Build America Bond Opportunity Fund $.1140 .0035 -  

The following dates apply to today's distribution declarations for the following MTP Shares:

Record Date September 13, 2013 Ex-Dividend Date September 11, 2013 Payable Date October 1, 2013  

Ticker

 

MuniFund Term Preferred

 

Monthly Tax-FreeDistribution Per Share

NAD PrC Nuveen Dividend Advantage Municipal Fund MTP .022500 NAN PrC Nuveen New York Dividend Advantage Municipal Fund MTP .022500 NAN PrD Nuveen New York Dividend Advantage Municipal Fund MTP .020833 NCU PrC Nuveen California Premium Income Municipal Fund MTP .016667 NEA PrC Nuveen AMT-Free Municipal Income Fund MTP .023750 NGX PrC Nuveen Massachusetts AMT-Free Municipal Income Fund MTP .022083 NKG PrC Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP .022083 NKG PrD Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP .022083 NKG PrE Nuveen Georgia Dividend Advantage Municipal Fund 2 MTP .022083 NMB PrC Nuveen Massachusetts Dividend Advantage Municipal Fund MTP .021667 NMT PrC Nuveen Massachusetts Premium Income Municipal Fund MTP .022083 NMT PrD Nuveen Massachusetts Premium Income Municipal Fund MTP .022917 NMY PrC Nuveen Maryland Premium Income Municipal Fund MTP .022083 NMY PrD Nuveen Maryland Premium Income Municipal Fund MTP .024167 NNC PrC Nuveen North Carolina Premium Income Municipal Fund MTP .022083 NNC PrD Nuveen North Carolina Premium Income Municipal Fund MTP .021667 NNC PrE Nuveen North Carolina Premium Income Municipal Fund MTP .021667 NNC PrF Nuveen North Carolina Premium Income Municipal Fund MTP .021667 NNC PrG Nuveen North Carolina Premium Income Municipal Fund MTP .022083 NOM PrC Nuveen Missouri Premium Income Municipal Fund MTP .017500 NRK PrC Nuveen New York AMT-Free Municipal Income Fund MTP .021250 NTC PrC Nuveen Connecticut Premium Income Municipal Fund MTP .022083 NTC PrD Nuveen Connecticut Premium Income Municipal Fund MTP .021250 NTC PrE Nuveen Connecticut Premium Income Municipal Fund MTP .021667 NTC PrF Nuveen Connecticut Premium Income Municipal Fund MTP .021667 NTC PrG Nuveen Connecticut Premium Income Municipal Fund MTP .022083 NTX PrC Nuveen Texas Quality Income Municipal Fund MTP .019167 NUJ PrC Nuveen New Jersey Dividend Advantage Municipal Fund 2 MTP .016667 NVG PrC Nuveen Dividend Advantage Municipal Fund MTP .024583 NVY PrC Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 MTP .017917 NXK PrC Nuveen New York Dividend Advantage Municipal Fund 2 MTP .021250 NXM PrC Nuveen Pennsylvania Dividend Advantage Municipal Fund MTP .017500 NZF PrC Nuveen Dividend Advantage Municipal Fund 3 MTP .023333 NZH PrA Nuveen California Dividend Advantage Municipal Fund 3 MTP .019583 NZH PrB Nuveen California Dividend Advantage Municipal Fund 3 MTP .018750 NZH PrC Nuveen California Dividend Advantage Municipal Fund 3 MTP .024583 NMY PrG Nuveen Maryland Premium Income Municipal Fund MTP .022083 NMY PrE Nuveen Maryland Premium Income Municipal Fund MTP .021667 NMY PrF Nuveen Maryland Premium Income Municipal Fund MTP .021667 NMY PrH Nuveen Maryland Premium Income Municipal Fund MTP .023750 NUM PrC Nuveen Michigan Quality Income Municipal Fund MTP .019167 NAZ PrC Nuveen Arizona Premium Income Municipal Fund MTP .017083 NAZ PrD Nuveen Arizona Premium Income Municipal Fund MTP .024167 NUO PrC Nuveen Ohio Quality Income Municipal Fund MTP .019583 NUO PrD Nuveen Ohio Quality Income Municipal Fund MTP .024583 NUO PrA Nuveen Ohio Quality Income Municipal Fund MTP .019583  

Monthly distributions from Nuveen's municipal closed-end funds and portfolios are generally exempt from regular Federal income taxes, and monthly distributions of single-state municipal funds and portfolios are also exempt from state and, in some cases, local income taxes for in-state residents. Unless otherwise stated in the funds' objectives, monthly distributions of the municipal funds and portfolios may be subject to the Federal Alternative Minimum Tax for some shareholders.*

All of Nuveen’s closed-end funds seek to pay stable distributions at rates that reflect each fund’s past results and projected future performance. During certain periods, each fund may pay distributions at a rate that may be more or less than the amount of net investment income actually earned by the fund during the period. If a fund cumulatively earned more than it has paid in distributions, it holds the excess in reserve as undistributed net investment income (UNII) as part of the fund’s net asset value (NAV). Conversely, if a fund has cumulatively paid distributions in excess of its earnings, the excess constitutes negative UNII that is likewise reflected in the fund’s NAV. Each fund will, over time, pay all of its net investment income as distributions to shareholders. The funds’ positive or negative UNII balances are disclosed from time to time in their periodic shareholder reports, and are also on www.nuveen.com/cef

In addition, distributions for certain funds investing in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to each fund after year-end by REIT securities held by each fund. The Nuveen preferred securities funds, JTP, JPS and JHP may invest in REITs; a list of funds that are likely to be affected by re-characterization is posted to www.nuveen.com each January, and updated tax characteristics are posted to the web site and mailed to shareholders via form 1099-DIV during the first quarter of the year.

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 approximately $216 billion as of June 30, 2013. For more information, please visit the Nuveen Investments website at www.nuveen.com.

*Nuveen does not provide tax advice; consult a professional tax advisor regarding your specific tax situation.

Media Contact:Nuveen InvestmentsKristyna Munoz, (312) 917-8343kristyna.munoz@nuveen.com