Nuveen Closed-End Funds Declare Capital Gains

CHICAGO--(BUSINESS WIRE)--Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors, today announced the following funds have declared additional cash distributions with the record, ex-dividend and payable dates mentioned below.

The following dates apply to today’s distribution declarations:

Record Date	December 15, 2009
Ex-Dividend Date	December 11, 2009
Payable Date	December 31, 2009

		Amount Per Share
		Ordinary	Short-Term	Long-Term
		Income	Capital Gain	Capital Gain
NPP	Performance Plus Municipal Fund	.0004	-	.0136
NMA	Municipal Advantage Fund	.0014	-	.0654
NQS	Select Quality Municipal Fund	-	-	.0152
NQU	Quality Income Municipal Fund	.0015	-	-
NXZ	Dividend Advantage Municipal Fund 2	.0139	-	-
NZF	Dividend Advantage Municipal Fund 3	.0014	.0182	.0449
NVG	Insured Dividend Advantage	-	-	.0409
NMZ	Muni High Income Opportunity Fund	.0043	-	-
NTC	CT Premium Income Fund	-	-	.0041
NMB	MA Dividend Advantage Municipal Fund	-	.0283	-
NNJ	NJ Premium Income Fund	-	.0082	.0086
NXJ	NJ Dividend Advantage Municipal Fund	-	-	.0072
NUJ	NJ Dividend Advantage Municipal Fund 2	-	-	.0257
NNP	NY Performance Plus Fund	-	-	.0154
NAN	NY Dividend Advantage Municipal Fund	-	-	.0431
NXK	NY Dividend Advantage Municipal Fund 2	.0008	-	.0076
NKO	Insured NY Dividend Advantage Fund	-	.0007	.0019
NRK	Ins NY Tax-Free Advantage Municipal Fund	-	.0245	.0407
NNO	NC Dividend Advantage Municipal Fund 2	-	-	.0023
NPY	PA Premium Income Fund 2	.0055	-	-
NXM	PA Dividend Advantage Municipal Fund	-	-	.0398
NVY	PA Dividend Advantage Municipal Fund 2	-	.0079	.0584
NTX	TX Quality Income Fund	-	.0002	.0118
NPV	VA Premium Income Fund	.0267	-	-
NNB	VA Dividend Advantage Municipal Fund 2	.0037	-	-
NUV	Municipal Value Fund, Inc.	.0019	-	.0051
NUW	Municipal Value Fund 2	-	.0097	-
NEV	Enhanced Municipal Value Fund	-	.0009	-
NMD	Municipal High Income Opportunity Fund 2	.0037	-	-
NXR	Select Tax-Free Income Portfolio 3	-	-	.0010
NXP	Select Tax-Free Income Portfolio	.0160	-	-
NNY	New York, Municipal Value Fund, Inc.	-	.0050	.0173

Nuveen Investments provides high quality investment services designed to help secure the long-term goals of institutions and high net worth investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of HydePark, NWQ, Nuveen, Santa Barbara, Symphony, Tradewinds and Winslow Capital. In total, the Company managed $141 billion of assets on September 30, 2009. For more information, please visit the Nuveen Investments website at www.nuveen.com.