NXK Nuveen New York Dividend Advantage Municipal Fund 2 Share of Beneficial Interest (delisted)

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the optional redemption price payable on the MuniFund Term Preferred (MTP) shares called for redemption by two municipal bond closed-end funds. As previously announced, the funds will redeem all of their outstanding MTP shares on June 13, 2014. The optional redemption price includes the liquidation preference of $10.00 per MTP share plus an additional amount equal to all unpaid dividends and distributions accumulated to (but excluding) the optional redemption date of June 13, 2014.

Ticker

     

MuniFund Term Preferred

     

Optional RedemptionPrice Per Share

  NAN PRC Nuveen New York Dividend Advantage Municipal Fund MTP 10.00900000 NAN PRD Nuveen New York Dividend Advantage Municipal Fund MTP 10.00833333 NXK PRC Nuveen New York Dividend Advantage Municipal Fund 2 MTP 10.00850000  

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 nearly $225 billion as of March 31, 2014. For more information, please visit the Nuveen Investments website at www.nuveen.com.

Nuveen InvestmentsMedia Contact:Kathleen Cardoza, (312) 917-7813kathleen.cardoza@nuveen.com