Investment Company Act file number 811-09297
Nuveen Dividend Advantage Municipal Fund
(Exact name of registrant as specified in charter)
333 West Wacker Drive, Chicago, Illinois 60606
(Address of principal executive offices) (Zip code)
Jessica R. Droeger—Vice President and Secretary
333 West Wacker Drive, Chicago, Illinois 60606
(Name and address of agent for service)
Registrant's telephone number, including area code: 312-917-7700
Date of fiscal year end: 10/31
Date of reporting period: 01/31/05
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. Schedule of Investments
Portfolio of Investments (Unaudited)
Nuveen Dividend Advantage Municipal Fund (NAD)
January 31, 2005
| Principal |
Optional Call |
Market |
||||
|---|---|---|---|---|---|---|
| Amount (000) |
Description(1) |
Provisions* |
Ratings** |
Value |
||
Alabama - 0.2% (0.1% of Total Investments) |
||||||
|
||||||
| $ | 1,500 |
Alabama 21st Century Authority, Tobacco Settlement Revenue Bonds, Series 2000, 5.750%, 12/01/20 |
6/10 at 102.00 |
A- |
$ 1,531,770 |
|
Alaska - 0.1% (0.0% of Total Investments) |
||||||
|
||||||
750 |
Alaska Housing Finance Corporation, General Housing Purpose Bonds, Series 2005A, 5.250%, |
12/14 at 100.00 |
AAA |
805,043 |
||
12/01/34 - FGIC Insured |
||||||
Arizona - 2.5% (1.7% of Total Investments) |
||||||
|
||||||
15,000 |
Maricopa County Pollution Control Corporation, Arizona, Remarketed Revenue Bonds, El Paso Electric |
No Opt. Call |
BBB- |
15,256,200 |
||
Company, Series 1994A, 6.375%, 7/01/14 (Mandatory put 8/01/05) |
||||||
California - 2.4% (1.7% of Total Investments) |
||||||
|
||||||
2,605 |
California, General Obligation Bonds, Series 1997, 5.000%, 10/01/18 - AMBAC Insured |
10/07 at 101.00 |
AAA |
2,766,692 |
||
2,475 |
Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series 2001A-3, |
7/06 at 100.00 |
AA- |
2,548,384 |
||
5.375%, 7/01/20 |
||||||
9,375 |
Sacramento County Sanitation District Financing Authority, California, Revenue Bonds, Series 2000A, |
12/05 at 101.00 |
AA |
9,732,562 |
||
5.875%, 12/01/27 |
||||||
Colorado - 3.1% (2.1% of Total Investments) |
||||||
|
||||||
10,250 |
Denver City and County, Colorado, Airport System Revenue Bonds, Series 1996D, 5.500%, 11/15/25 - |
11/06 at 101.00 |
AAA |
10,811,905 |
||
MBIA Insured |
||||||
2,950 |
Denver Convention Center Hotel Authority, Colorado, Senior Revenue Bonds, Convention Center Hotel, |
12/13 at 100.00 |
AAA |
3,143,815 |
||
Series 2003A, 5.000%, 12/01/22 - XLCA Insured |
||||||
1,475 |
Denver City and County, Colorado, FHA-Insured Mortgage Loan, Multifamily Housing Revenue Bonds, |
10/07 at 102.00 |
AAA |
1,523,837 |
||
Boston Lofts Project, Series 1997A, 5.750%, 10/01/27 (Alternative Minimum Tax) |
||||||
3,205 |
Denver City and County, Colorado, Airport Special Facilities Revenue Bonds, Rental Car Projects, |
1/09 at 101.00 |
AAA |
3,540,499 |
||
Series 1999A, 6.000%, 1/01/12 (Alternative Minimum Tax) - MBIA Insured |
||||||
Connecticut - 0.4% (0.3% of Total Investments) |
||||||
|
||||||
2,700 |
Connecticut Development Authority, Health Facilities Revenue Refunding Bonds, Alzheimer's Resource |
2/05 at 102.00 |
N/R |
2,703,942 |
||
Center of Connecticut Inc., Series 1994A, 7.125%, 8/15/14 |
||||||
District of Columbia - 0.9% (0.6% of Total Investments) |
||||||
|
||||||
5,000 |
Washington Convention Center Authority, District of Columbia, Senior Lien Dedicated Tax Revenue |
10/08 at 101.00 |
AAA |
5,431,600 |
||
Bonds, Series 1998, 5.250%, 10/01/13 - AMBAC Insured |
||||||
Florida - 5.5% (3.8% of Total Investments) |
||||||
|
||||||
1,630 |
Florida Housing Finance Agency, Housing Revenue Bonds, Mar Lago Village Apartments, Series 1997F, |
12/07 at 102.00 |
AAA |
1,716,683 |
||
5.800%, 12/01/17 (Alternative Minimum Tax) - AMBAC Insured |
||||||
14,350 |
JEA St. John's River Power Park System, Florida, Revenue Refunding Bonds, Series 2002-17 Issue 2, |
10/11 at 100.00 |
Aa2 |
15,955,335 |
||
5.250%, 10/01/13 |
||||||
13,625 |
Martin County Industrial Development Authority, Florida, Industrial Development Revenue Bonds, |
6/05 at 102.00 |
BB+ |
13,947,913 |
||
Indiantown Cogeneration LP Project, Series 1994A, 7.875%, 12/15/25 (Alternative Minimum Tax) |
||||||
2,405 |
Venice, Florida, Revenue Bonds, Bon Secours System, Revenue Bonds, Series 1996, 5.600%, 8/15/16 - |
8/06 at 102.00 |
AAA |
2,562,576 |
||
MBIA Insured |
||||||
Georgia - 1.4% (0.9% of Total Investments) |
||||||
|
||||||
4,000 |
Forsyth County Water and Sewerage Authority, Georgia, Revenue Bonds, Series 2000, 6.000%, 4/01/25 |
4/10 at 102.00 |
AA*** |
4,603,440 |
||
(Pre-refunded to 4/01/10) |
||||||
3,500 |
Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, |
5/09 at 101.00 |
AAA |
3,813,810 |
||
Northeast Georgia Health Services Inc., Series 1999, 5.500%, 5/15/29 - MBIA Insured |
||||||
Idaho - 0.3% (0.2% of Total Investments) |
||||||
|
||||||
575 |
Idaho Housing and Finance Association, Single Family Mortgage Bonds, Series 1999E, 5.750%, 1/01/21 |
7/09 at 101.00 |
Aa2 |
580,675 |
||
(Alternative Minimum Tax) |
||||||
655 |
Idaho Housing and Finance Association, Single Family Mortgage Bonds, Series 2000D, 6.350%, 7/01/22 |
1/10 at 100.00 |
Aa2 |
698,165 |
||
(Alternative Minimum Tax) |
||||||
670 |
Idaho Housing and Finance Association, Single Family Mortgage Bonds, Series 2000E, 5.950%, 7/01/20 |
7/10 at 100.00 |
Aaa |
676,928 |
||
(Alternative Minimum Tax) |
||||||
Illinois - 34.9% (23.9% of Total Investments) |
||||||
|
||||||
3,635 |
Channahon, Illinois, Revenue Refunding Bonds, Morris Hospital, Series 1999, 5.750%, 12/01/12 |
12/09 at 102.00 |
BBB+ |
3,875,673 |
||
22,750 |
Chicago, Illinois, General Obligation Refunding Bonds, Emergency Telephone System, Series 1999, |
No Opt. Call |
AAA |
26,842,953 |
||
5.500%, 1/01/23 - FGIC Insured |
||||||
7,250 |
Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax |
No Opt. Call |
AAA |
8,570,733 |
||
Revenues, Series 1999A, 5.500%, 12/01/26 - FGIC Insured |
||||||
2,300 |
Chicago, Illinois, Motor Fuel Tax Revenue Refunding Bonds, Series 1993, 5.375%, 1/01/14 - AMBAC |
No Opt. Call |
AAA |
2,613,651 |
||
Insured |
||||||
Chicago, Illinois, FHA/GNMA Multifamily Housing Revenue Bonds, Archer Court Apartments, Series |
||||||
1999A: |
||||||
885 |
5.500%, 12/20/19 (Alternative Minimum Tax) |
10/10 at 101.00 |
AAA |
942,667 |
||
1,210 |
5.600%, 12/20/29 (Alternative Minimum Tax) |
10/10 at 101.00 |
AAA |
1,247,208 |
||
1,925 |
5.650%, 12/20/40 (Alternative Minimum Tax) |
10/10 at 101.00 |
AAA |
1,980,132 |
||
Chicago, Illinois, Wastewater Transmission Revenue Bonds, Series 1995: |
||||||
3,795 |
5.125%, 1/01/25 (Pre-refunded to 1/01/06) - FGIC Insured |
1/06 at 102.00 |
AAA |
3,968,621 |
||
1,145 |
5.125%, 1/01/25 - FGIC Insured |
1/06 at 102.00 |
AAA |
1,187,388 |
||
5,100 |
Chicago, Illinois, Water Revenue Bonds, Series 1997, 5.250%, 11/01/27 (Pre-refunded to 11/01/07) - |
11/07 at 102.00 |
AAA |
5,566,701 |
||
FGIC Insured |
||||||
1,000 |
DuPage County Community School District 200, Wheaton, Illinois, General Obligation Bonds, Series |
11/13 at 100.00 |
Aaa |
1,106,940 |
||
2003B, 5.250%, 11/01/20 - FSA Insured |
||||||
24,835 |
Illinois Development Finance Authority, Revenue Bonds, Presbyterian Home of Lake Forest Project, |
9/07 at 102.00 |
AAA |
26,942,001 |
||
Series 1999, 5.625%, 9/01/31 - FSA Insured |
||||||
3,935 |
Illinois Development Finance Authority, Local Government Program Revenue Bonds, Round Lake |
No Opt. Call |
Aaa |
2,600,720 |
||
Community Unit School District 116 Project, Series 1999, 0.000%, 1/01/15 - MBIA Insured |
||||||
5,570 |
Illinois Finance Authority, Revenue Bonds, University of Chicago, Series 2004A, 5.000%, 7/01/34 |
7/14 at 100.00 |
Aa1 |
5,788,177 |
||
5,400 |
Illinois Health Facilities Authority, Revenue Bonds, Loyola University Health System, Series 1997A, |
7/07 at 101.00 |
AAA |
5,671,620 |
||
5.000%, 7/01/24 - MBIA Insured |
||||||
5,490 |
Illinois Health Facilities Authority, Revenue Bonds, Sarah Bush Lincoln Health Center, Series |
2/07 at 102.00 |
A |
5,723,764 |
||
1996B, 5.500%, 2/15/16 |
||||||
17,280 |
Illinois Health Facilities Authority, Converted Adjustable Rate Revenue Bonds, Highland Park |
10/07 at 102.00 |
AAA |
19,146,413 |
||
Hospital, Series 1991A, 6.000%, 10/01/15 (Pre-refunded to 10/01/07) - FGIC Insured |
||||||
9,920 |
Illinois Health Facilities Authority, Remarketed Revenue Bonds, University of Chicago Project, |
8/11 at 103.00 |
Aa1 |
11,076,474 |
||
Series 1985A, 5.500%, 8/01/20 |
||||||
7,245 |
Illinois Health Facilities Authority, Revenue Refunding Bonds, Proctor Community Hospital, Series |
7/05 at 100.00 |
BB+ |
7,247,246 |
||
1991, 7.375%, 1/01/23 |
||||||
5,000 |
Kane, McHenry, Cook and DeKalb Counties Community Unit School District 300, Carpentersville, |
12/11 at 100.00 |
AAA |
5,658,000 |
||
Illinois, General Obligation Bonds, Series 2000, 5.500%, 12/01/19 - MBIA Insured |
||||||
Metropolitan Pier and Exposition Authority, Illinois, Revenue Refunding Bonds, McCormick Place |
||||||
Expansion Project, Series 1996A: |
||||||
9,750 |
0.000%, 12/15/22 - MBIA Insured |
No Opt. Call |
AAA |
4,265,138 |
||
13,000 |
0.000%, 12/15/23 - MBIA Insured |
No Opt. Call |
AAA |
5,370,040 |
||
20,500 |
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion |
12/09 at 101.00 |
AAA |
22,837,410 |
||
Project, Series 1999A, 5.500%, 12/15/24 - FGIC Insured |
||||||
Regional Transportation Authority, Cook, DuPage, Kane, Lake, McHenry and Will Counties, Illinois, |
||||||
General Obligation Bonds, Series 1999: |
||||||
22,650 |
5.750%, 6/01/19 - FSA Insured |
No Opt. Call |
AAA |
27,285,776 |
||
3,500 |
5.750%, 6/01/23 - FSA Insured |
No Opt. Call |
AAA |
4,251,730 |
||
1,300 |
Schaumburg, Illinois, General Obligation Bonds, Series 2004B, 5.250%, 12/01/34 - FGIC Insured |
12/14 at 100.00 |
AAA |
1,404,065 |
||
4,500 |
Will County School District 122, New Lenox, Illinois, General Obligation Bonds, Series 2000B, |
No Opt. Call |
Aaa |
2,453,625 |
||
0.000%, 11/01/18 - FSA Insured |
||||||
Indiana - 3.8% (2.6% of Total Investments) |
||||||
|
||||||
8,000 |
Indiana Health Facility Financing Authority, Hospital Revenue Bonds, Clarian Health Obligated |
8/10 at 101.50 |
AAA |
8,834,240 |
||
Group, Series 2000A, 5.500%, 2/15/26 - MBIA Insured |
||||||
8,755 |
Indiana Health Facility Financing Authority, Hospital Revenue Bonds, Charity Obligated Group, |
11/09 at 101.00 |
AAA |
9,837,643 |
||
Series 1999D, 5.500%, 11/15/24 (Pre-refunded to 11/15/09) - MBIA Insured |
||||||
4,190 |
Indianapolis, Indiana, Economic Development Revenue Bonds, Park Tudor Foundation Inc., Project, |
6/09 at 101.00 |
Aa3 |
4,516,275 |
||
Series 1999, 5.700%, 6/01/24 |
||||||
Iowa - 1.8% (1.3% of Total Investments) |
||||||
|
||||||
11,095 |
Iowa Higher Education Loan Authority, Private College Facility Revenue Bonds, Waldorf College, |
10/10 at 102.00 |
N/R |
11,360,171 |
||
Series 1999, 7.375%, 10/01/19 |
||||||
Kansas - 0.6% (0.4% of Total Investments) |
||||||
|
||||||
3,825 |
Wichita, Kansas, Water and Sewer Utility Revenue Bonds, Series 1999, 4.000%, 10/01/18 - FGIC |
10/06 at 101.00 |
AAA |
3,842,327 |
||
Insured |
||||||
Kentucky - 1.6% (1.1% of Total Investments) |
||||||
|
||||||
3,030 |
Hardin County School District Finance Corporation, Kentucky, School Building Revenue Bonds, Series |
2/10 at 101.00 |
Aa3 |
3,393,539 |
||
2000, 5.750%, 2/01/20 |
||||||
Kentucky Economic Development Finance Authority, Hospital System Revenue Refunding and Improvement |
||||||
Bonds, Appalachian Regional Healthcare Inc., Series 1997: |
||||||
1,850 |
5.850%, 10/01/17 |
4/08 at 102.00 |
BB- |
1,814,683 |
||
5,000 |
5.875%, 10/01/22 |
4/08 at 102.00 |
BB- |
4,771,350 |
||
Louisiana - 3.1% (2.1% of Total Investments) |
||||||
|
||||||
2,245 |
Lafayette, Louisiana, Sales Tax Revenue Bonds, Public Improvements, Series 2000B, 5.625%, 5/01/25 - |
5/10 at 101.50 |
AAA |
2,502,210 |
||
FGIC Insured |
||||||
1,750 |
Louisiana Local Government Environmental Facilities and Community Development Authority, GNMA |
6/12 at 105.00 |
Aaa |
1,950,130 |
||
Collateralized Mortgage Revenue Refunding Bonds, Sharlo Apartments, Series 2002A, 6.500%, 6/20/37 |
||||||
5,350 |
Louisiana Public Facilities Authority, Revenue Bonds, Baton Rouge General Hospital, Series 2004, |
7/14 at 100.00 |
AAA |
5,693,042 |
||
5.250%, 7/01/33 - MBIA Insured |
||||||
9,545 |
Tobacco Settlement Financing Corporation, Louisiana, Tobacco Settlement Asset-Backed Bonds, Series |
5/11 at 101.00 |
BBB |
9,160,527 |
||
2001B, 5.500%, 5/15/30 |
||||||
Maryland - 0.7% (0.5% of Total Investments) |
||||||
|
||||||
3,940 |
Maryland Community Development Administration, Residential Revenue Bonds, Series 2000G, 5.950%, |
9/09 at 100.00 |
Aa2 |
4,114,227 |
||
9/01/29 (Alternative Minimum Tax) |
||||||
Massachusetts - 1.6% (1.1% of Total Investments) |
||||||
|
||||||
1,500 |
Boston Industrial Development Financing Authority, Massachusetts, Subordinate Revenue Bonds, |
9/12 at 102.00 |
N/R |
1,556,370 |
||
Crosstown Center Project, Series 2002, 8.000%, 9/01/35 (Alternative Minimum Tax) |
||||||
785 |
Massachusetts Port Authority, Special Facilities Revenue Bonds, US Airways Group Inc., Series |
9/06 at 102.00 |
AAA |
823,387 |
||
1996A, 5.875%, 9/01/23 (Alternative Minimum Tax) - MBIA Insured |
||||||
7,000 |
Massachusetts Port Authority, Special Facilities Revenue Bonds, BOSFUEL Corporation, Series 1997, |
7/07 at 102.00 |
AAA |
7,464,590 |
||
5.500%, 7/01/18 (Alternative Minimum Tax) - MBIA Insured |
||||||
Michigan - 3.3% (2.3% of Total Investments) |
||||||
|
||||||
2,435 |
Detroit, Michigan, Senior Lien Water Supply System Revenue Bonds, Series 2001A, 5.250%, 7/01/33 - |
7/11 at 100.00 |
AAA |
2,610,661 |
||
FGIC Insured |
||||||
15,255 |
Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Detroit Medical Center Obligated |
8/08 at 101.00 |
Ba3 |
13,541,253 |
||
Group, Series 1998A, 5.250%, 8/15/28 |
||||||
4,000 |
Wayne County, Michigan, Airport Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series |
12/08 at 101.00 |
AAA |
4,284,560 |
||
1998A, 5.375%, 12/01/16 (Alternative Minimum Tax) - MBIA Insured |
||||||
Minnesota - 0.6% (0.4% of Total Investments) |
||||||
|
||||||
2,250 |
Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Special Facilities Revenue Bonds, |
4/11 at 101.00 |
N/R |
2,094,030 |
||
Northwest Airlines Inc. Project, Series 2001A, 7.000%, 4/01/25 (Alternative Minimum Tax) |
||||||
1,580 |
Minnesota Housing Finance Agency, Single Family Mortgage Bonds, Series 1998H-1, 5.650%, 7/01/31 |
1/10 at 101.00 |
AA+ |
1,605,849 |
||
(Alternative Minimum Tax) |
||||||
Missouri - 1.4% (1.0% of Total Investments) |
||||||
|
||||||
Missouri Health and Educational Facilities Authority, Revenue Bonds, SSM Healthcare System, Series |
||||||
2001A: |
||||||
4,370 |
5.250%, 6/01/21 - AMBAC Insured |
6/11 at 101.00 |
AAA |
4,720,736 |
||
3,670 |
5.250%, 6/01/28 - AMBAC Insured |
6/11 at 101.00 |
AAA |
3,892,989 |
||
Montana - 0.4% (0.3% of Total Investments) |
||||||
|
||||||
1,485 |
Montana Board of Housing, Single Family Mortgage Bonds, Series 2000A-2, 6.450%, 6/01/29 |
12/09 at 100.00 |
AA+ |
1,518,947 |
||
(Alternative Minimum Tax) |
||||||
1,000 |
Montana Higher Education Student Assistance Corporation, Student Loan Revenue Bonds, Subordinate |
12/09 at 100.00 |
A2 |
1,055,860 |
||
Series 1999B, 6.400%, 12/01/32 (Alternative Minimum Tax) |
||||||
Nebraska - 0.3% (0.2% of Total Investments) |
||||||
|
||||||
1,700 |
Nebraska Higher Education Loan Program Incorporated, Senior Subordinate Bonds, Series 1993A-5A, |
No Opt. Call |
AAA |
1,764,957 |
||
6.200%, 6/01/13 (Alternative Minimum Tax) - MBIA Insured |
||||||
Nevada - 1.1% (0.7% of Total Investments) |
||||||
|
||||||
2,115 |
Clark County, Nevada, General Obligation Bank Bonds, Southern Nevada Water Authority Loan, Series |
6/11 at 100.00 |
AAA |
2,343,399 |
||
2001, 5.300%, 6/01/19 - FGIC Insured |
||||||
8,000 |
Director of Nevada State Department of Business and Industry, Revenue Bonds, Las Vegas Monorail |
No Opt. Call |
AAA |
4,235,040 |
||
Project, First Tier, Series 2000, 0.000%, 1/01/19 - AMBAC Insured |
||||||
New Hampshire - 0.3% (0.2% of Total Investments) |
||||||
|
||||||
1,845 |
New Hampshire Housing Finance Agency, Single Family Mortgage Acquisition Revenue Bonds, Series |
7/05 at 102.00 |
Aa2 |
1,850,277 |
||
1995D, 6.550%, 7/01/26 (Alternative Minimum Tax) |
||||||
New Jersey - 7.8% (5.3% of Total Investments) |
||||||
|
||||||
2,910 |
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2000A, |
6/10 at 101.00 |
AAA |
2,941,603 |
||
6.000%, 6/01/13 (Alternative Minimum Tax) - MBIA Insured |
||||||
1,620 |
New Jersey Health Care Facilities Financing Authority, FHA-Insured Mortgage Revenue Bonds, Jersey |
8/11 at 100.00 |
AAA |
1,638,841 |
||
City Medical Center, Series 2001, 4.800%, 8/01/21 - AMBAC Insured |
||||||
15,600 |
New Jersey Economic Development Authority, Solid Waste Facilities Revenue Bonds, Bridgewater |
No Opt. Call |
N/R |
8,716,500 |
||
Resources Inc. Project, Series 1999B, 8.250%, 6/01/19 (Alternative Minimum Tax) |
||||||
675 |
New Jersey Economic Development Authority, Solid Waste Revenue Bonds, Bridgewater Resources Inc. |
No Opt. Call |
N/R |
377,156 |
||
Project, Series 2003C, 0.000%, 6/30/05 |
||||||
4,130 |
New Jersey Transit Corporation, Certificates of Participation, Federal Transit Administration |
No Opt. Call |
AAA |
4,726,124 |
||
Grants, Series 2002A, 5.500%, 9/15/13 - AMBAC Insured |
||||||
4,000 |
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 1999A, 5.750%, |
No Opt. Call |
A+ |
4,726,160 |
||
6/15/18 |
||||||
10,000 |
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air Terminal |
12/07 at 102.00 |
AAA |
10,935,300 |
||
LLC, Sixth Series 1997, 5.900%, 12/01/17 (Alternative Minimum Tax) - MBIA Insured |
||||||
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series |
||||||
2002: |
||||||
11,205 |
5.750%, 6/01/32 |
6/12 at 100.00 |
BBB |
10,895,742 |
||
3,165 |
6.125%, 6/01/42 |
6/12 at 100.00 |
BBB |
3,017,954 |
||
New Mexico - 0.7% (0.5% of Total Investments) |
||||||
|
||||||
4,000 |
University of New Mexico, FHA-Insured Mortgage Hospital Revenue Bonds, Series 2004, 5.000%, |
7/14 at 100.00 |
AAA |
4,138,000 |
||
7/01/32 - FSA Insured |
||||||
New York - 14.7% (10.1% of Total Investments) |
||||||
|
||||||
5,000 |
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 1998A, |
6/08 at 101.00 |
AAA |
5,353,250 |
||
5.250%, 12/01/26 - FSA Insured |
||||||
Nassau County, New York, General Obligation Improvement Bonds, Series 1999B: |
||||||
4,005 |
5.250%, 6/01/19 (Pre-refunded to 6/01/09) - AMBAC Insured |
6/09 at 102.00 |
AAA |
4,472,784 |
||
7,005 |
5.250%, 6/01/21 (Pre-refunded to 6/01/09) - AMBAC Insured |
6/09 at 102.00 |
AAA |
7,841,537 |
||
2,000 |
New York City, New York, General Obligation Bonds, Fiscal Series 1998E, 5.250%, 8/01/14 - AMBAC |
2/08 at 101.00 |
AAA |
2,151,740 |
||
Insured |
||||||
14,000 |
New York City, New York, General Obligation Bonds, Fiscal Series 1998F, 5.375%, 8/01/19 - MBIA |
2/08 at 101.00 |
AAA |
15,174,040 |
||
Insured |
||||||
5,000 |
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue Bonds, |
12/14 at 100.00 |
AAA |
5,240,350 |
||
Fiscal Series 2005B, 5.000%, 6/15/36 - FSA Insured |
||||||
10,000 |
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal Series |
8/09 at 101.00 |
AAA |
11,350,900 |
||
2000A, 5.750%, 8/15/24 (Pre-refunded to 8/15/09) |
||||||
4,600 |
Dormitory Authority of the State of New York, Improvement Revenue Bonds, Mental Health Services |
2/07 at 102.00 |
AAA |
4,918,228 |
||
Facilities, Series 1996E, 5.250%, 2/15/18 - AMBAC Insured |
||||||
2,170 |
Dormitory Authority of the State of New York, Insured Revenue Bonds, Franciscan Health Partnership |
7/07 at 102.00 |
AA |
2,340,931 |
||
Obligated Group - Frances Shervier Home and Hospital, Series 1997, 5.500%, 7/01/17 - RAAI Insured |
||||||
Dormitory Authority of the State of New York, Improvement Revenue Bonds, Mental Health Services |
||||||
Facilities, Series 1996B: |
||||||
4,305 |
5.125%, 8/15/21 (Pre-refunded to 2/15/06) - MBIA Insured |
2/06 at 100.00 |
AAA |
4,516,376 |
||
165 |
5.125%, 8/15/21 - MBIA Insured |
2/06 at 102.00 |
AAA |
171,905 |
||
7,500 |
Dormitory Authority of the State of New York, Secured Hospital Revenue Refunding Bonds, Wyckoff |
2/08 at 101.50 |
AAA |
8,108,775 |
||
Heights Medical Center, Series 1998H, 5.300%, 8/15/21 - MBIA Insured |
||||||
2,000 |
Dormitory Authority of the State of New York, Third General Resolution Consolidated Revenue Bonds, |
1/08 at 102.00 |
AAA |
2,196,440 |
||
City University System, Series 1997-1, 5.375%, 7/01/24 (Pre-refunded to 1/01/08) - FSA Insured |
||||||
7,500 |
New York State Urban Development Corporation, Correctional Facilities Revenue Bonds, Series 1995-6, |
1/06 at 102.00 |
AAA |
7,863,525 |
||
5.375%, 1/01/25 (Pre-refunded to 1/01/06) - AMBAC Insured |
||||||
8,800 |
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local |
10/14 at 100.00 |
AAA |
9,273,352 |
||
Government Assistance Corporation, Series 2004A, 5.000%, 10/15/32 - AMBAC Insured |
||||||
North Carolina - 0.5% (0.4% of Total Investments) |
||||||
|
||||||
3,000 |
Wake County, North Carolina, General Obligation School Bonds, Series 2001B, 5.250%, 2/01/17 |
2/11 at 102.00 |
AAA |
3,348,990 |
||
Ohio - 4.0% (2.8% of Total Investments) |
||||||
|
||||||
2,300 |
Amherst Exempted Village School District, Ohio, Unlimited Tax General Obligation School Improvement |
12/11 at 100.00 |
Aaa |
2,516,821 |
||
Bonds, Series 2001, 5.125%, 12/01/21 - FGIC Insured |
||||||
3,635 |
Franklin County, Ohio, FHA-Insured Multifamily Housing Mortgage Revenue Bonds, Hamilton Creek |
7/05 at 103.00 |
Aa |
3,713,262 |
||
Apartments Project, Series 1994A, 5.550%, 7/01/24 (Alternative Minimum Tax) |
||||||
3,650 |
Montgomery County, Ohio, Revenue Bonds, Catholic Health Initiatives, Series 2004A, 5.000%, 5/01/30 |
5/14 at 100.00 |
AA |
3,772,640 |
||
13,300 |
Ohio Water Development Authority, Solid Waste Disposal Revenue Bonds, Bay Shore Power, Series |
9/09 at 102.00 |
N/R |
13,778,401 |
||
1998B, 6.625%, 9/01/20 (Alternative Minimum Tax) |
||||||
1,115 |
Warren County, Ohio, Special Assessment Bonds, Waterstone Boulevard Project, Series 1997, 5.500%, |
12/07 at 101.00 |
Aa2 |
1,210,477 |
||
12/01/17 |
||||||
Oregon - 0.4% (0.3% of Total Investments) |
||||||
|
||||||
2,355 |
Portland, Oregon, Downtown Waterfront Urban Renewal and Redevelopment Revenue Bonds, Series 2000A, |
6/10 at 101.00 |
Aaa |
2,624,224 |
||
5.500%, 6/15/20 - AMBAC Insured |
||||||
Pennsylvania - 4.9% (3.4% of Total Investments) |
||||||
|
||||||
3,480 |
Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, West Penn Allegheny |
11/10 at 102.00 |
B1 |
4,047,240 |
||
Health System, Series 2000B, 9.250%, 11/15/22 |
||||||
2,180 |
Carbon County Industrial Development Authority, Pennsylvania, Resource Recovery Revenue Refunding |
No Opt. Call |
BBB- |
2,367,938 |
||
Bonds, Panther Creek Partners Project, Series 2000, 6.650%, 5/01/10 (Alternative Minimum Tax) |
||||||
18,900 |
Philadelphia Airport System, Pennsylvania, Revenue Refunding Bonds, Series 1998A, 5.500%, 6/15/18 |
6/08 at 102.00 |
AAA |
20,318,067 |
||
(Alternative Minimum Tax) - FGIC Insured |
||||||
3,205 |
Philadelphia School District, Pennsylvania, General Obligation Bonds, Series 2002B, 5.625%, |
8/12 at 100.00 |
AAA |
3,604,760 |
||
8/01/16 - FGIC Insured |
||||||
Puerto Rico - 2.1% (1.4% of Total Investments) |
||||||
|
||||||
12,500 |
Puerto Rico Housing Finance Authority, Capital Fund Program Revenue Bonds, Series 2003, 4.500%, |
No Opt. Call |
AA*** |
12,704,500 |
||
12/01/23 |
||||||
Rhode Island - 2.9% (2.0% of Total Investments) |
||||||
|
||||||
2,015 |
Central Falls, Rhode Island, General Obligation School Bonds, Series 1999, 6.250%, 5/15/20 - RAAI |
5/09 at 102.00 |
AA |
2,267,480 |
||
Insured |
||||||
3,500 |
Providence Redevelopment Agency, Rhode Island, Revenue Bonds, Public Safety and Municipal Building |
4/10 at 101.00 |
Aaa |
3,917,725 |
||
Projects, Series 1999A, 5.750%, 4/01/29 - AMBAC Insured |
||||||
12,000 |
Rhode Island Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed Bonds, |
6/12 at 100.00 |
BBB |
11,567,760 |
||
Series 2002A, 6.125%, 6/01/32 |
||||||
Tennessee - 2.1% (1.4% of Total Investments) |
||||||
|
||||||
6,400 |
Memphis-Shelby County Airport Authority, Tennessee, Airport Revenue Bonds, Series 1999D, 6.000%, |
3/10 at 101.00 |
AAA |
7,134,016 |
||
3/01/24 (Alternative Minimum Tax) - AMBAC Insured |
||||||
2,425 |
Memphis-Shelby County Airport Authority, Tennessee, Airport Revenue Bonds, Series 2001B, 5.125%, |
3/11 at 100.00 |
AAA |
2,546,759 |
||
3/01/26 - FSA Insured |
||||||
1,980 |
Tennessee Housing Development Agency, Homeownership Program Bonds, Series 2000-1, 6.375%, 7/01/25 |
7/10 at 101.00 |
AA |
2,035,678 |
||
(Alternative Minimum Tax) |
||||||
1,190 |
Tennessee Housing Development Agency, Homeownership Program Bonds, Series 2000-2B, 6.250%, 1/01/20 |
7/10 at 100.00 |
AA |
1,203,947 |
||
(Alternative Minimum Tax) |
||||||
Texas - 14.8% (10.1% of Total Investments) |
||||||
|
||||||
1,000 |
Alliance Airport Authority, Texas, Special Facilities Revenue Bonds, American Airlines Inc., Series |
6/05 at 100.00 |
CCC |
727,030 |
||
1990, 7.500%, 12/01/29 (Alternative Minimum Tax) |
||||||
Austin, Texas, Prior Lien Airport System Revenue Bonds, Series 1995A: |
||||||
1,660 |
6.125%, 11/15/25 (Alternative Minimum Tax) (Pre-refunded to 11/15/05) - MBIA Insured |
11/05 at 102.00 |
AAA |
1,737,987 |
||
8,340 |
6.125%, 11/15/25 (Alternative Minimum Tax) - MBIA Insured |
11/05 at 102.00 |
AAA |
8,728,060 |
||
2,560 |
Brazos River Authority, Texas, Pollution Control Revenue Refunding Bonds, TXU Electric Company |
4/13 at 101.00 |
BBB |
3,054,669 |
||
Project, Series 1999C, 7.700%, 3/01/32 (Alternative Minimum Tax) |
||||||
4,675 |
Carrollton-Farmers Branch Independent School District, Dallas County, Texas, Unlimited Tax School |
2/09 at 100.00 |
AAA |
5,250,072 |
||
Building Bonds, Series 1999, 6.000%, 2/15/20 (Pre-refunded to 2/15/09) |
||||||
Coppell Independent School District, Dallas County, Texas, Unlimited Tax School Building and |
||||||
Refunding Bonds, Series 1999: |
||||||
5,130 |
0.000%, 8/15/20 |
8/09 at 52.47 |
AAA |
2,248,274 |
||
7,000 |
0.000%, 8/15/21 |
8/09 at 49.48 |
AAA |
2,893,100 |
||
7,345 |
0.000%, 8/15/23 |
8/09 at 44.01 |
AAA |
2,699,802 |
||
7,000 |
0.000%, 8/15/24 |
8/09 at 41.50 |
AAA |
2,426,410 |
||
7,350 |
0.000%, 8/15/25 |
8/09 at 39.14 |
AAA |
2,315,838 |
||
7,000 |
0.000%, 8/15/26 |
8/09 at 36.91 |
AAA |
2,075,360 |
||
2,000 |
Dallas-Ft. Worth International Airport Facility Improvement Corporation, Texas, Revenue Refunding |
11/05 at 100.00 |
CCC |
1,942,580 |
||
Bonds, American Airlines Inc., Series 2000B, 6.050%, 5/01/29 (Alternative Minimum Tax) (Mandatory |
||||||
put 11/01/05) |
||||||
6,000 |
Dallas-Ft. Worth International Airport Facility Improvement Corporation, Texas, Revenue Refunding |
11/07 at 100.00 |
CCC |
5,514,060 |
||
Bonds, American Airlines Inc., Series 2000C, 6.150%, 5/01/29 (Alternative Minimum Tax) (Mandatory |
||||||
put 11/01/07) |
||||||
820 |
Dallas Area Rapid Transit, Texas, Senior Lien Sales Tax Revenue Bonds, Series 2001A, 5.000%, |
12/11 at 100.00 |
AAA |
846,519 |
||
12/01/31 - AMBAC Insured |
||||||
Harris County Health Facilities Development Corporation, Texas, Revenue Bonds, Christus Health, |
||||||
Series 1999A: |
||||||
12,240 |
5.375%, 7/01/24 - MBIA Insured |
7/09 at 101.00 |
AAA |
13,335,602 |
||
11,180 |
5.375%, 7/01/29 - MBIA Insured |
7/09 at 101.00 |
AAA |
12,006,761 |
||
2,205 |
Harris County-Houston Sports Authority, Texas, Senior Lien Revenue Refunding Bonds, Series 2001A, |
No Opt. Call |
AAA |
1,077,032 |
||
0.000%, 11/15/20 - MBIA Insured |
||||||
2,500 |
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment |
No Opt. Call |
AAA |
695,150 |
||
Project, Series 2001B, 0.000%, 9/01/30 - AMBAC Insured |
||||||
2,500 |
Jefferson County, Texas, Certificates of Obligation, Series 2000, 6.000%, 8/01/25 (Pre-refunded to |
8/10 at 100.00 |
AAA |
2,874,250 |
||
8/01/10) - FSA Insured |
||||||
4,245 |
Laredo Independent School District, Webb County, Texas, Unlimited Tax School Building Bonds, Series |
8/09 at 100.00 |
AAA |
4,593,514 |
||
1999, 5.250%, 8/01/24 |
||||||
2,000 |
Laredo, Texas, Sports Venue Sales Tax Revenue Bonds, Series 2001, 5.300%, 3/15/26 - FGIC Insured |
3/09 at 100.00 |
AAA |
2,138,580 |
||
1,500 |
Port Arthur, Texas, Jefferson County, General Obligation Bonds, Series 1997, 5.000%, 2/15/21 - |
2/07 at 100.00 |
AAA |
1,556,325 |
||
MBIA Insured |
||||||
10,000 |
Tarrant County Health Facilities Development Corporation, Texas, Revenue Bonds, Texas Health |
2/08 at 102.00 |
AAA |
10,775,200 |
||
Resources System, Series 1997A, 5.250%, 2/15/17 - MBIA Insured |
||||||
Utah - 0.5% (0.3% of Total Investments) |
||||||
|
||||||
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 1999C-2, Class II: |
||||||
725 |
5.700%, 7/01/19 (Alternative Minimum Tax) |
1/10 at 101.50 |
AAA |
741,827 |
||
270 |
5.750%, 7/01/21 (Alternative Minimum Tax) |
1/10 at 101.50 |
AA |
287,059 |
||
290 |
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 1999D, 5.850%, 7/01/21 |
7/09 at 101.00 |
AA |
292,726 |
||
(Alternative Minimum Tax) |
||||||
105 |
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 1999F, 6.300%, 7/01/21 |
7/09 at 101.50 |
Aa2 |
106,156 |
||
(Alternative Minimum Tax) |
||||||
1,580 |
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 2000F-2, Class III, 6.000%, |
7/10 at 100.00 |
AA- |
1,648,382 |
||
1/01/15 (Alternative Minimum Tax) |
||||||
Virginia - 0.6% (0.4% of Total Investments) |
||||||
|
||||||
3,395 |
Virginia Small Business Financing Authority, Industrial Development Water Revenue Bonds, S.I.L. |
11/09 at 102.00 |
N/R |
3,400,194 |
||
Clean Water, LLC Project, Series 1999, 7.250%, 11/01/24 (Alternative Minimum Tax) |
||||||
Washington - 11.0% (7.5% of Total Investments) |
||||||
|
||||||
4,000 |
Energy Northwest, Washington, Electric Revenue Refunding Bonds, Nuclear Project 3, Series 2003A, |
7/13 at 100.00 |
Aaa |
4,490,360 |
||
5.500%, 7/01/17 |
||||||
Port of Seattle, Washington, Special Facility Revenue Bonds, Terminal 18, Series 1999B: |
||||||
1,755 |
6.000%, 9/01/15 (Alternative Minimum Tax) - MBIA Insured |
3/10 at 101.00 |
AAA |
1,965,811 |
||
2,590 |
6.000%, 9/01/16 (Alternative Minimum Tax) - MBIA Insured |
3/10 at 101.00 |
AAA |
2,901,111 |
||
Port of Seattle, Washington, Special Facility Revenue Bonds, Terminal 18, Series 1999C: |
||||||
875 |
6.000%, 9/01/15 (Alternative Minimum Tax) - MBIA Insured |
3/10 at 101.00 |
AAA |
980,105 |
||
1,260 |
6.000%, 9/01/16 (Alternative Minimum Tax) - MBIA Insured |
3/10 at 101.00 |
AAA |
1,411,351 |
||
9,760 |
Tacoma, Washington, Electric System Revenue Refunding Bonds, Series 2001A, 5.625%, 1/01/21 - FSA |
1/11 at 101.00 |
AAA |
11,009,768 |
||
Insured |
||||||
7,490 |
Washington State Tobacco Settlement Authority, Tobacco Settlement Asset-Backed Revenue Bonds, |
6/13 at 100.00 |
BBB |
7,626,917 |
||
Series 2002, 6.500%, 6/01/26 |
||||||
11,605 |
Washington, Certificates of Participation, Washington Convention and Trade Center, Series 1999, |
7/09 at 100.00 |
AAA |
12,644,692 |
||
5.250%, 7/01/16 - MBIA Insured |
||||||
3,350 |
Washington, General Obligation Compound Interest Bonds, Series 1999S-2, 0.000%, 1/01/18 - FSA |
No Opt. Call |
AAA |
1,894,961 |
||
Insured |
||||||
Washington, General Obligation Compound Interest Bonds, Series 1999S-3: |
||||||
17,650 |
0.000%, 1/01/20 |
No Opt. Call |
Aa1 |
8,922,252 |
||
18,470 |
0.000%, 1/01/21 |
No Opt. Call |
Aa1 |
8,836,602 |
||
4,800 |
Washington Public Power Supply System, Revenue Refunding Bonds, Nuclear Project 3, Series 1997A, |
7/07 at 102.00 |
AAA |
5,163,168 |
||
5.250%, 7/01/16 - FSA Insured |
||||||
Wisconsin - 6.7% (4.6% of Total Investments) |
||||||
|
||||||
2,250 |
Green Bay, Wisconsin, Water System Revenue Bonds, Series 2004, 5.000%, 11/01/29 - FSA Insured |
11/14 at 100.00 |
Aaa |
2,362,320 |
||
3,810 |
La Crosse, Wisconsin, Industrial Development Revenue Refunding Bonds, Dairyland Power Cooperative, |
12/08 at 102.00 |
AAA |
4,160,520 |
||
Series 1997C, 5.550%, 2/01/15 - AMBAC Insured |
||||||
4,180 |
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Kenosha Hospital and Medical |
5/09 at 101.00 |
A |
4,290,185 |
||
Center Inc., Series 1999, 5.625%, 5/15/29 |
||||||
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, FH Healthcare Development |
||||||
Inc., Series 1999: |
||||||
8,375 |
6.250%, 11/15/20 |
11/09 at 101.00 |
N/R |
9,092,737 |
||
5,000 |
6.250%, 11/15/28 |
11/09 at 101.00 |
N/R |
5,343,650 |
||
12,700 |
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Mercy Health System |
8/09 at 101.00 |
Aaa |
13,800,455 |
||
Corporation, Series 1999, 5.500%, 8/15/25 - AMBAC Insured |
||||||
2,200 |
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Wheaton Franciscan Services |
8/13 at 100.00 |
A |
2,248,792 |
||
Inc., Series 2003A, 5.125%, 8/15/33 |
||||||
| $ | 922,350 |
Total Long-Term Investments (cost $832,791,159) - 146.0% |
902,032,383 |
|||
Other Assets Less Liabilities - 1.8% |
10,659,083 |
|||||
Preferred Shares, at Liquidation Value - (47.8)% |
(295,000,000) |
|||||
Net Assets Applicable to Common Shares - 100% |
$617,691,466 |
|||||
(1) |
All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares |
||
unless otherwise noted. |
|||
* |
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There |
||
may be other call provisions at varying prices at later dates. |
|||
** |
Ratings: Using the higher of Standard & Poor's or Moody's rating. |
||
*** |
Securities are backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency |
||
securities which ensures the timely payment of principal and interest. Such securities are normally considered |
|||
to be equivalent to AAA rated securities. |
|||
N/R |
Investment is not rated. |
||
Income Tax Information |
|||
The following information is presented on an income tax basis. Differences between amounts for financial |
|||
statement and federal income tax purposes are primarily due to timing differences in recognizing income |
|||
on taxable market discount securities and timing differences in recognizing certain gains and losses on |
|||
security transactions. |
|||
At January 31, 2005, the cost of investments was $832,067,580. |
|||
Gross unrealized appreciation and gross unrealized depreciation of investments at January 31, 2005, |
|||
were as follows: |
|||
Gross unrealized: |
|||
Appreciation |
$77,729,230 |
||
Depreciation |
(7,764,427) |
||
Net unrealized appreciation of investments |
$69,964,803 |
||
Item 2. Controls and Procedures.
Item 3. Exhibits.
File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Nuveen Dividend Advantage Municipal Fund
By (Signature and Title)* /s/ Jessica R. Droeger--Vice President and Secretary
Date 04/01/05
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Gifford R. Zimmerman--Chief Administrative Officer (principal executive officer)
Date 04/01/05
By (Signature and Title)* /s/ Stephen D. Foy--Vice President and Controller (principal financial officer)
Date 04/01/05
* Print the name and title of each signing officer under his or her signature.