Please replace the release dated Dec. 1, 2011 with the following corrected version due to multiple revisions.

The corrected release reads:

SEVERAL NUVEEN CLOSED-END FUNDS DECLARE CAPITAL GAINS

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that several municipal closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date mentioned below.

These additional cash dividends, which are taxable under the Internal Revenue Code, may include long-term capital gains as well as ordinary income arising from gains upon the sale of securities held for one year or less and, pursuant to the Revenue Reconciliation Act of 1993, market discount realized upon the sale of securities.

The following dates apply to today’s distribution declarations:

Record Date     December 15, 2011 Ex-Dividend Date December 13, 2011 Payable Date December 30, 2011 Reinvest Date December 30, 2011       Amount Per Share Ordinary Income  

Taxable

  Short-Term Long-Term

Income

Capital Gain Capital Gain

Ticker

Closed-End Fund

NMA Advantage .0211 .0096 .1340 NXZ Dividend Advantage 2 .0045 - .1809 NZF Dividend Advantage 3 - - .0380 NAD Dividend Advantage .0061 - .0417 NQU Quality Income - - .0335 NQS Select Quality - - .0759 NXP Select Portfolio .0036 - - NXR Select Portfolio 3 .0046 - .0430 NNJ NJ Premium Income - - .0105 NXJ NJ Dividend Advantage - - .0054 NUJ NJ Dividend Advantage 2 - - .0087 NPN PA Municipal Value - - .0229 NXM PA Dividend Advantage - - .0645 NVY PA Dividend Advantage 2 - - .0619 NTC CT Premium Income - - .0420 NFC CT Dividend Advantage - - .0427 NGK CT Dividend Advantage 2 - - .0328 NPV VA Premium Income - - .0237 NMT MA Premium Income - - .0511 NQN NY Investment Quality .0082 - .0496 NVN NY Select Quality - - .0283 NUN NY Quality Income - - .0222 NNF NY Insured Premium Income - - .0058 NAN NY Dividend Advantage - - .0059 NKO NY Insured Dividend Advantage - - .0052 NRK NY Insured Tax-Free Advantage - - .0103 NUV Municipal Value .0081 .0030 .0542 NQI Insured Quality .0026 - - NIO Insured Opportunity - - .0026 NVG Insured Dividend Advantage - - .0413 NMZ High Income Opportunity Fund .0231 - - NMD High Income Opportunity Fund 2 .0035 - - NEV Enhanced Municipal Value Fund .0021 - -  

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, NWQ, Santa Barbara, Symphony, Tradewinds, and Winslow Capital. In total, Nuveen Investments managed $207 billion as of October 31, 2011. For more information, please visit the Nuveen Investments website at www.nuveen.com.

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