Securities and Exchange Commission
Washington, DC 20549
Rule 23c-2 Notice of Intention to
Redeem Securities
of
Nuveen New York Dividend Advantage Municipal Fund
333 West Wacker Drive
Chicago, Illinois 60606
under the
Investment Company Act of 1940
Investment Company Act File No. 811-09135
The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940 (the Act).
(1) Title of the class of securities of Nuveen New York Dividend Advantage Municipal Fund
(the Fund) to be redeemed:
MuniFund Term Preferred Shares, 2.70% Series 2015, Liquidation Preference $10.00 per share, (CUSIP #67066X 305) and 2.50% Series 2016, Liquidation Preference $10.00 per share, (CUSIP #67066X 404) (collectively, the MTP Shares).
(2) | Date on which the securities are expected to be called or redeemed: |
MTP Shares | ||
Series | Date | |
2.70% Series 2015 |
June 13, 2014 | |
2.50% Series 2016 |
June 13, 2014 |
The redemption of these securities is subject to the Funds Board of Trustees approval of the final terms of the re-financing of the Funds outstanding MTP Shares and the consummation of the sale of certain newly issued series of preferred securities of the Fund, which may not occur. These redemptions may be effected on a subsequent date, due to market conditions or otherwise as determined by the Board of Trustees of the Fund.
(3) | Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed: |
The MTP Shares are to be redeemed pursuant to Section 2.5(c)(i) of the Statement Establishing and Fixing the Rights and Preferences of MuniFund Term Preferred Shares of the Fund.
(4) | The number of shares to be redeemed and the basis upon which the shares to be redeemed are to be selected: |
The Fund intends to redeem all of the outstanding MTP Shares, as set forth below:
Series | Number of Shares | |
2.70% Series 2015 |
3,000,000 | |
2.50% Series 2016 |
2,536,000 |
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SIGNATURE
Pursuant to the requirement of Rule 23c-2 under the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 13th day of May, 2014.
NUVEEN NEW YORK DIVIDEND ADVANTAGE MUNICIPAL FUND | ||||
By: | /s/ Mark L. Winget |
|||
Name: | Mark L. Winget | |||
Title: | Assistant Vice President and Assistant Secretary |
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