nq2.htm



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number 811-09455
 
Nuveen New Jersey Dividend Advantage Municipal Fund
(Exact name of registrant as specified in charter)
 
Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)
 

Kevin J. McCarthy
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:            4/30          
 
Date of reporting period:         7/31/14         
 
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 New Jersey Dividend Advantage Municipal Fund (NXJ)
     
   
July 31, 2014
     
 
 
 
 
Principal
   
Optional Call
   
Amount (000)
 
Description (1)
Provisions (2)
Ratings (3)
Value
 
   
LONG-TERM INVESTMENTS – 140.4% (100.0% of Total Investments)
     
 
   
MUNICIPAL BONDS – 140.4% (100.0% of Total Investments)
     
 
   
Consumer Discretionary – 0.3% (0.2% of Total Investments)
     
   
Middlesex County Improvement Authority, New Jersey, Senior Revenue Bonds, Heldrich Center
     
   
Hotel/Conference Center Project, Series 2005A:
     
$ 260
 
5.000%, 1/01/32
1/15 at 100.00
Caa1
$ 182,931
230
 
5.125%, 1/01/37
1/15 at 100.00
Caa1
161,920
490
 
Total Consumer Discretionary
   
344,851
 
   
Consumer Staples – 5.0% (3.6% of Total Investments)
     
   
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,
     
   
Series 2007-1A:
     
630
 
4.500%, 6/01/23
6/17 at 100.00
BB
620,090
5,075
 
4.750%, 6/01/34
6/17 at 100.00
B2
3,802,645
835
 
5.000%, 6/01/41
6/17 at 100.00
B2
621,165
6,540
 
Total Consumer Staples
   
5,043,900
 
   
Education and Civic Organizations – 12.1% (8.6% of Total Investments)
     
375
 
New Jersey Economic Development Authority, Rutgers University General Obligation Lease Revenue
6/23 at 100.00
AA–
540,630
   
Bonds, Tender Option Bond Trust 3359, 18.133%, 12/15/36 (IF) (4)
     
   
New Jersey Education Facilities Authority Revenue Bonds, The College of New Jersey Issue,
     
   
Series 2013A:
     
255
 
5.000%, 7/01/38
7/23 at 100.00
AA
277,751
340
 
5.000%, 7/01/43
7/23 at 100.00
AA
369,934
250
 
New Jersey Educational Facilities Authority, Revenue Bonds, Fairleigh Dickinson University,
No Opt. Call
BBB
250,878
   
Series 2004C, 5.500%, 7/01/23
     
   
New Jersey Educational Facilities Authority, Revenue Bonds, Kean University, Series 2007D:
     
1,105
 
5.000%, 7/01/32 – FGIC Insured
7/17 at 100.00
AA–
1,200,594
735
 
5.000%, 7/01/39 – FGIC Insured
7/17 at 100.00
AA–
787,927
970
 
New Jersey Educational Facilities Authority, Revenue Bonds, Montclair State University, Series
7/16 at 100.00
AA–
1,027,356
   
2006A, 5.000%, 7/01/36 – AMBAC Insured
     
665
 
New Jersey Educational Facilities Authority, Revenue Bonds, Princeton University, Tender
No Opt. Call
AAA
911,742
   
Option Bond Trust 3922, 13.578%, 7/01/19 (IF)
     
650
 
New Jersey Educational Facilities Authority, Revenue Bonds, Princeton University, Tender
7/24 at 100.00
AAA
963,268
   
Option Bond Trust 4741, 13.782%, 7/01/44 (IF) (4)
     
300
 
New Jersey Educational Facilities Authority, Revenue Bonds, Ramapo College, Series 2012B,
7/22 at 100.00
A
323,871
   
5.000%, 7/01/42
     
   
New Jersey Educational Facilities Authority, Revenue Bonds, Rider University, Series 2012A:
     
260
 
5.000%, 7/01/32
7/21 at 100.00
BBB+
274,682
170
 
5.000%, 7/01/37
7/21 at 100.00
BBB+
177,203
390
 
New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series
7/23 at 100.00
A
424,796
   
2013D, 5.000%, 7/01/38
     
225
 
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2010-1A,
12/19 at 100.00
AA
238,358
   
5.000%, 12/01/25
     
135
 
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2010-2,
12/20 at 100.00
Aa3
145,176
   
5.000%, 12/01/30
     
350
 
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2011-1,
12/21 at 100.00
Aa3
395,213
   
5.750%, 12/01/27 (Alternative Minimum Tax)
     
1,185
 
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2012-1A,
12/22 at 100.00
AA
1,236,713
   
4.250%, 12/01/25 (Alternative Minimum Tax)
     
   
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Tender Option
     
   
Bond Trust 4736:
     
560
 
11.799%, 12/01/23 (Alternative Minimum Tax) (IF) (4)
12/22 at 100.00
AA
600,141
370
 
13.711%, 12/01/27 (Alternative Minimum Tax) (IF) (4)
12/23 at 100.00
AA
372,486
300
 
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Tender Option
6/19 at 100.00
AA
438,972
   
Bond Trust PA-4643, 19.767%, 6/01/30 (IF) (4)
     
250
 
Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities
4/22 at 100.00
BBB–
215,115
   
Financing Authority, Higher Education Revenue Bonds, Ana G. Mendez University System Project,
     
   
Refunding Series 2012, 5.125%, 4/01/32
     
75
 
Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities
10/22 at 100.00
A–
69,736
   
Financing Authority, Higher Education Revenue Bonds, Inter-American University of Puerto Rico
     
   
Project, Refunding Series 2012, 5.000%, 10/01/31
     
500
 
Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities
No Opt. Call
BBB–
438,785
   
Financing Authority, Higher Education Revenue Refunding Bonds, Ana G. Mendez University
     
   
System, Series 2002, 5.500%, 12/01/31
     
315
 
Rutgers State University, New Jersey, Revenue Bonds, Tender Option Bond Trust 3339, 18.053%,
No Opt. Call
AA–
455,988
   
5/01/21 (IF) (4)
     
10,730
 
Total Education and Civic Organizations
   
12,137,315
   
Financials – 1.7% (1.2% of Total Investments)
     
850
 
New Jersey Economic Development Authority, Economic Development Revenue Bonds, Glimcher
No Opt. Call
N/R
850,077
   
Properties LP, Series 1998, 6.000%, 11/01/28 (Alternative Minimum Tax)
     
750
 
New Jersey Economic Development Authority, Revenue Refunding Bonds, Kapkowski Road Landfill
No Opt. Call
Ba2
830,295
   
Project, Series 2002, 5.750%, 10/01/21
     
1,600
 
Total Financials
   
1,680,372
   
Health Care – 14.0% (10.0% of Total Investments)
     
310
 
Camden County Improvement Authority, New Jersey, Revenue Bonds, Cooper Health System, Series
8/14 at 100.00
BBB
310,685
   
2004A, 5.750%, 2/15/34
     
710
 
New Jersey Health Care Facilities Finance Authority, Revenue Bonds, AHS Hospital Corporation,
7/18 at 100.00
A+
764,400
   
Series 2008A, 5.000%, 7/01/27
     
370
 
New Jersey Health Care Facilities Financing Authority, Hospital Revenue Bonds, Virtua Health,
7/19 at 100.00
AA
487,320
   
Tender Option Bond Trust 3018, 18.591%, 7/01/38 – AGC Insured (IF) (4)
     
850
 
New Jersey Health Care Facilities Financing Authority, New Jersey, Revenue Bonds, Saint Peters
7/21 at 100.00
BB+
931,898
   
University Hospital, Refunding Series 2011, 6.000%, 7/01/26
     
180
 
New Jersey Health Care Facilities Financing Authority, Revenue and Refunding Bonds, Barnabas
No Opt. Call
BBB+
203,843
   
Health, Series 2012A, 5.000%, 7/01/24
     
   
New Jersey Health Care Facilities Financing Authority, Revenue and Refunding Bonds, Palisades
     
   
Medical Center Obligated Group Issue, Series 2013:
     
420
 
5.250%, 7/01/31
7/23 at 100.00
BBB
452,827
225
 
5.500%, 7/01/43
7/23 at 100.00
BBB
238,820
865
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Atlanticare Regional
7/17 at 100.00
A+
909,608
   
Medical Center, Series 2007, 5.000%, 7/01/37
     
1,500
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, CentraState Medical
7/17 at 100.00
A3
1,559,295
   
Center, Series 2006A, 5.000%, 7/01/30 – AGC Insured
     
130
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Children’s Specialized
7/15 at 100.00
BBB
132,765
   
Hospital, Series 2005A, 5.500%, 7/01/36
     
440
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hunterdon Medical
7/16 at 100.00
A
448,272
   
Center, Series 2006B, 5.000%, 7/01/36
     
180
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Hunterdon Medical
7/16 at 100.00
A
183,829
   
Center, Series 2006, 5.125%, 7/01/35
     
   
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Kennedy Health System
     
   
Obligated Group Issue, Refunding Series 2012:
     
1,040
 
3.750%, 7/01/27
No Opt. Call
A3
1,032,710
500
 
5.000%, 7/01/31
7/22 at 100.00
A3
543,880
240
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Meridian Health System
7/23 at 100.00
A
261,034
   
Obligated Group, Refunding Series 2013A, 5.000%, 7/01/32
     
1,225
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Meridian Health, Series
7/18 at 100.00
AA
1,286,642
   
2007, 5.000%, 7/01/38 – AGC Insured
     
125
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, RWJ Health Care
7/15 at 100.00
N/R
126,335
   
Corporation, Series 2005B, 5.000%, 7/01/25 – RAAI Insured
     
1,555
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Barnabas Health
7/21 at 100.00
BBB+
1,691,622
   
Care System, Refunding Series 2011A, 5.625%, 7/01/37
     
445
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Barnabas Health
1/17 at 100.00
BBB+
458,034
   
Care System, Series 2006A, 5.000%, 7/01/29
     
700
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Joseph’s
7/18 at 100.00
BBB–
757,533
   
Healthcare System Obligated Group Issue, Series 2008, 6.625%, 7/01/38
     
   
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, South Jersey Hospital
     
   
System, Refunding Series 2006:
     
665
 
5.000%, 7/01/36
7/16 at 100.00
A2
676,272
615
 
5.000%, 7/01/46
7/16 at 100.00
A2
624,514
13,290
 
Total Health Care
   
14,082,138
   
Housing/Multifamily – 0.9% (0.7% of Total Investments)
     
   
New Jersey Economic Development Authority, Student Housing Revenue Bonds, Provident
     
   
Group-Montclair Properties LLC, Montclair State University Student Housing Project,
     
   
Series 2010A:
     
560
 
5.750%, 6/01/31
6/20 at 100.00
Baa3
611,570
300
 
5.875%, 6/01/42
6/20 at 100.00
Baa3
327,765
860
 
Total Housing/Multifamily
   
939,335
   
Housing/Single Family – 5.3% (3.8% of Total Investments)
     
5,000
 
New Jersey Housing & Mortgage Finance Agency, Single Family Home Mortgage Revenue Bonds,
4/21 at 100.00
Aa2
5,332,598
   
Series 2011A, 4.650%, 10/01/29
     
   
Industrials – 0.7% (0.5% of Total Investments)
     
670
 
Gloucester County Improvement Authority, New Jersey, Solid Waste Resource Recovery Revenue
No Opt. Call
A–
694,649
   
Refunding Bonds, Waste Management Inc. Project, Series 1999B, 2.125%, 12/01/29 (Mandatory
     
   
put 12/01/17)
     
   
Long-Term Care – 1.7% (1.2% of Total Investments)
     
620
 
Burlington County Bridge Commission, New Jersey, Economic Development Revenue Bonds, The
1/18 at 100.00
N/R
625,134
   
Evergreens Project, Series 2007, 5.625%, 1/01/38
     
250
 
New Jersey Economic Development Authority, First Mortgage Revenue Bonds, Winchester Gardens at
11/14 at 100.00
BBB
250,615
   
Wards Homestead, Series 2004A, 5.800%, 11/01/31
     
75
 
New Jersey Economic Development Authority, Fixed Rate Revenue Bonds, Lions Gate Project,
1/24 at 100.00
N/R
75,301
   
Series 2014, 5.250%, 1/01/44
     
290
 
New Jersey Economic Development Authority, Revenue Bonds, United Methodist Homes of New Jersey
7/23 at 100.00
BBB–
301,406
   
Obligated Group Issue, Refunding Series 2013, 5.000%, 7/01/34
     
500
 
New Jersey Economic Development Authority, Revenue Bonds, United Methodist Homes of New Jersey
1/15 at 100.00
BBB–
500,020
   
Obligated Group, Series 1998, 5.125%, 7/01/25
     
1,735
 
Total Long-Term Care
   
1,752,476
   
Tax Obligation/General – 5.1% (3.6% of Total Investments)
     
75
 
Carlstadt School District, Bergen County, New Jersey, General Obligation Bonds, Refunding
5/24 at 100.00
AA–
88,118
   
Series 2014, 5.000%, 5/01/26 (WI/DD, Settling 8/15/14)
     
1,000
 
Jersey City, New Jersey, General Obligation Bonds, Series 2006A, 5.000%, 9/01/22 –
9/16 at 100.00
A2
1,083,250
   
AMBAC Insured
     
1,100
 
Linden, New Jersey, General Obligation Bonds, Refunding Series 2011, 4.000%, 5/01/23
5/21 at 100.00
AA–
1,185,459
300
 
Middletown Township Board of Education, Monmouth County, New Jersey, Refunding Series 2010,
8/20 at 100.00
AA
339,510
   
5.000%, 8/01/27
     
115
 
Montclair Township, Essex County, New Jersey, General Obligation Bonds, Parking Utility,
1/24 at 100.00
AA+
128,783
   
Refunding Series 2014A, 5.000%, 1/01/37
     
300
 
New Brunswick Parking Authority, Middlesex County, New Jersey, Guaranteed Parking Revenue
9/22 at 100.00
A+
327,135
   
Bonds, Refunding Series 2012, 5.000%, 9/01/31
     
250
 
Newark Housing Authority, New Jersey, City-Secured Police Facility Revenue Bonds, South Ward
12/19 at 100.00
A3
292,248
   
Police Facility, Series 2009A, 6.750%, 12/01/38 – AGC Insured
     
760
 
Sussex County, New Jersey, General Obligation Bonds, Refunding Series 2014, 4.000%, 2/15/22
No Opt. Call
AA+
854,772
740
 
Union County Utilities Authority, New Jersey, Resource Recovery Facility Lease Revenue
12/21 at 100.00
AA+
800,443
   
Refunding Bonds, Covantan Union Inc. Lessee, Series 2011B, 5.250%, 12/01/31 (Alternative
     
   
Minimum Tax)
     
4,640
 
Total Tax Obligation/General
   
5,099,718
   
Tax Obligation/Limited – 32.2% (22.9% of Total Investments)
     
600
 
Bergen County Improvement Authority, New Jersey, Guaranteed Lease Revenue Bonds, County
No Opt. Call
Aaa
753,330
   
Administration Complex Project, Series 2005, 5.000%, 11/15/26
     
35
 
Burlington County Bridge Commission, New Jersey, Governmental Leasing Program Revenue Bonds,
No Opt. Call
Aa2
41,779
   
County Guaranteed, Refunding Series 2014, 5.000%, 8/15/23
     
1,000
 
Camden County Improvement Authority, New Jersey, County Guaranteed Lease Revenue Bonds,
9/15 at 100.00
AA
1,049,470
   
Series 2005A, 5.000%, 9/01/16 – AGM Insured
     
1,100
 
Casino Reinvestment Development Authority, New Jersey, Hotel Room Fee Revenue Bonds, Series
1/15 at 102.00
BBB+
1,137,004
   
2004, 5.250%, 1/01/16 – AMBAC Insured
     
620
 
Essex County Improvement Authority, New Jersey, Project Consolidation Revenue Bonds, Series
No Opt. Call
Aa2
749,729
   
2007, 5.250%, 12/15/22 – AMBAC Insured
     
3,000
 
Garden State Preservation Trust, New Jersey, Open Space and Farmland Preservation Bonds,
No Opt. Call
AAA
3,594,658
   
Refunding Series 2012A, 5.000%, 11/01/20
     
500
 
Garden State Preservation Trust, New Jersey, Open Space and Farmland Preservation Bonds,
No Opt. Call
AAA
641,110
   
Series 2005A, 5.750%, 11/01/28 – AGM Insured
     
715
 
Garden State Preservation Trust, New Jersey, Open Space and Farmland Preservation Bonds,
No Opt. Call
AAA
838,202
   
Series 2005C, 5.125%, 11/01/18 – AGM Insured
     
   
New Jersey Economic Development Authority, Cigarette Tax Revenue Refunding Bonds,
     
   
Series 2012:
     
600
 
5.000%, 6/15/19
No Opt. Call
BBB+
684,492
360
 
5.000%, 6/15/21
No Opt. Call
BBB+
412,286
400
 
5.000%, 6/15/25
6/22 at 100.00
BBB+
444,276
600
 
5.000%, 6/15/26
6/22 at 100.00
BBB+
661,344
800
 
5.000%, 6/15/28
No Opt. Call
BBB+
872,432
1,200
 
New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Series
No Opt. Call
AA–
1,205,148
   
2004A, 5.250%, 7/01/15 – NPFG Insured
     
   
New Jersey Economic Development Authority, Revenue Bonds, Newark Downtown District Management
     
   
Corporation Project, Series 2007:
     
65
 
5.125%, 6/15/27
6/17 at 100.00
Baa3
67,248
115
 
5.125%, 6/15/37
6/17 at 100.00
Baa3
117,376
1,105
 
New Jersey Economic Development Authority, School Facilities Construction Financing Program
No Opt. Call
A
1,217,898
   
Bonds, Refunding Series 2013NN, 5.000%, 3/01/28
     
   
New Jersey Economic Development Authority, School Facilities Construction Financing Program
     
   
Bonds, Series 2007U:
     
230
 
5.000%, 9/01/37 – AMBAC Insured
9/17 at 100.00
A
250,753
430
 
5.000%, 9/01/37
9/17 at 100.00
A
468,799
470
 
New Jersey Educational Facilities Authority, Revenue Bonds, Higher Education Capital
No Opt. Call
AA
494,106
   
Improvement Fund, Refunding Series 2005A, 5.000%, 9/01/15 – AGM Insured
     
250
 
New Jersey Health Care Facilities Financing Authority, State Contract Bonds, Hospital Asset
10/18 at 100.00
A
263,440
   
Transformation Program, Series 2008A, 5.250%, 10/01/38
     
   
New Jersey Transportation Trust Fund Authority, Federal Highway Aid Grant Anticipation Bonds,
     
   
Series 2006:
     
350
 
5.000%, 6/15/17 – FGIC Insured
6/16 at 100.00
AA–
378,767
610
 
5.000%, 6/15/18 – FGIC Insured
6/16 at 100.00
AA–
659,660
6,000
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital
No Opt. Call
A
2,790,900
   
Appreciation Series 2010A, 0.000%, 12/15/30
     
1,300
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding Series
No Opt. Call
A
1,532,882
   
2006A, 5.500%, 12/15/22
     
1,300
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2004B,
No Opt. Call
AA–
1,445,925
   
5.500%, 12/15/16 – NPFG Insured
     
   
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2006C:
     
3,000
 
0.000%, 12/15/32 – AGM Insured
No Opt. Call
AA
1,273,170
3,500
 
0.000%, 12/15/33 – AGM Insured
No Opt. Call
AA
1,380,610
6,000
 
0.000%, 12/15/34 – AGM Insured
No Opt. Call
AA
2,255,820
1,000
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2007A,
12/17 at 100.00
A
1,107,540
   
5.000%, 12/15/26 – AMBAC Insured
     
800
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2010D,
No Opt. Call
A
916,944
   
5.000%, 12/15/24
     
915
 
Passaic County Improvement Authority, New Jersey, Lease Revenue Bonds, Preakness Healthcare
5/22 at 100.00
Aa3
858,874
   
Center Expansion Project, Series 2012, 3.500%, 5/01/35
     
255
 
Puerto Rico Convention Center District Authority, Hotel Occupancy Tax Revenue Bonds, Series
7/16 at 100.00
BB
193,861
   
2006A, 4.500%, 7/01/36 – CIFG Insured
     
575
 
Union County Improvement Authority, New Jersey, Lease Revenue Refunding Bonds, City of
No Opt. Call
AA+
1,066,355
   
Plainfield – Park Madison Redevelopment Project, Tender Option Trust 1145, 17.994%,
     
   
3/01/34 (IF) (4)
     
550
 
Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Subordinate
10/20 at 100.00
Baa2
585,514
   
Lien Series 2010B, 5.250%, 10/01/29
     
40,350
 
Total Tax Obligation/Limited
   
32,411,702
   
Transportation – 22.8% (16.3% of Total Investments)
     
1,000
 
Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2005, 5.000%,
1/15 at 100.00
AA–
1,018,090
   
1/01/25 – NPFG Insured
     
   
Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2014A:
     
180
 
5.000%, 1/01/34
1/24 at 100.00
A1
200,808
875
 
4.125%, 1/01/39
1/24 at 100.00
A1
885,544
1,000
 
5.000%, 1/01/44
1/24 at 100.00
A1
1,096,290
325
 
Delaware River Joint Toll Bridge Commission, Pennsylvania, Revenue Bonds, Refunding Series
7/22 at 100.00
A
341,890
   
2012A, 4.000%, 7/01/27
     
500
 
Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2010E,
1/20 at 100.00
A
531,750
   
5.000%, 1/01/40
     
965
 
Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2013,
1/24 at 100.00
A
1,053,925
   
5.000%, 1/01/40
     
1,260
 
Delaware River Port Authority, Pennsylvania and New Jersey, Revenue Refunding Bonds, Port
No Opt. Call
BBB
1,358,116
   
District Project, Series 2012, 5.000%, 1/01/27
     
630
 
New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge
1/24 at 100.00
BBB–
679,625
   
Replacement Project, Series 2013, 5.625%, 1/01/52 (Alternative Minimum Tax)
     
575
 
New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental
3/24 at 101.00
B
613,272
   
Airlines Inc., Series 2000A & 2000B, 5.625%, 11/15/30 (Alternative Minimum Tax)
     
   
New Jersey Transit Corporation, Grant Anticipation Notes, Federal Transit Administration
     
   
Section 5307 Urbanized Area Formula Funds, Series 2014A:
     
620
 
5.000%, 9/15/20 (WI/DD, Settling 8/06/14)
No Opt. Call
A
713,794
620
 
5.000%, 9/15/21 (WI/DD, Settling 8/06/14)
No Opt. Call
A
718,382
35
 
New Jersey Turnpike Authority, Revenue Bonds, Series 1991C, 6.500%, 1/01/16 – NPFG Insured
No Opt. Call
AA–
37,982
300
 
New Jersey Turnpike Authority, Revenue Bonds, Series 2005A, 5.250%, 1/01/29 – AGM Insured
No Opt. Call
AA
364,554
1,000
 
New Jersey Turnpike Authority, Revenue Bonds, Series 2009I, 5.000%, 1/01/35
1/20 at 100.00
A+
1,094,310
1,660
 
New Jersey Turnpike Authority, Revenue Bonds, Series 2012B, 5.000%, 1/01/28
1/23 at 100.00
A+
1,879,552
375
 
New Jersey Turnpike Authority, Revenue Bonds, Tender Option Bond Trust 1154, 17.228%,
7/22 at 100.00
A+
498,338
   
1/01/43 (IF) (4)
     
240
 
Passaic County Improvement Authority, New Jersey, County Guaranteed Parking Revenue Bonds,
5/20 at 100.00
Aa3
255,310
   
200 Hospital Plaza Project, Series 2010, 5.000%, 5/01/42
     
1,500
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth
6/15 at 101.00
AA–
1,564,785
   
Series 2005, 5.000%, 12/01/34
     
310
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty
8/17 at 100.00
AA
438,080
   
Eighth Series 2008, Trust 2920, 18.052%, 8/15/32 – AGM Insured (IF)
     
450
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Seventy
12/23 at 100.00
AA–
501,242
   
Ninth Series 2013, 5.000%, 12/01/43
     
1,000
 
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Seventy
1/23 at 100.00
AA–
994,090
   
Seventh Series 2013, 4.000%, 1/15/43 (Alternative Minimum Tax)
     
5,000
 
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air
12/14 at 100.00
AA–
5,030,048
   
Terminal LLC, Sixth Series 1997, 5.750%, 12/01/22 – NPFG Insured (Alternative Minimum Tax)
     
950
 
South Jersey Transportation Authority, New Jersey, Transportation System Revenue Bonds,
No Opt. Call
A–
1,093,260
   
Refunding Series 2012, 5.000%, 11/01/22
     
21,370
 
Total Transportation
   
22,963,037
   
U.S. Guaranteed – 27.8% (19.8% of Total Investments) (5)
     
   
Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2005:
     
1,000
 
5.000%, 1/01/26 (Pre-refunded 1/01/15) – NPFG Insured
1/15 at 100.00
AA– (5)
1,016,730
500
 
5.000%, 1/01/27 (Pre-refunded 1/01/15) – NPFG Insured
1/15 at 100.00
AA– (5)
508,365
225
 
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2005,
7/15 at 100.00
A– (5)
236,527
   
6.000%, 7/01/25 (Pre-refunded 7/01/15)
     
1,785
 
New Jersey Building Authority, State Building Revenue Bonds, Series 2007A, 5.000%, 6/15/27
6/16 at 100.00
AA+ (5)
1,941,812
   
(Pre-refunded 6/15/16)
     
   
New Jersey Economic Development Authority, School Facilities Construction Financing Program
     
   
Bonds, Series 2007U:
     
385
 
5.000%, 9/01/37 (Pre-refunded 9/01/17) – AMBAC Insured
9/17 at 100.00
AAA
437,533
805
 
5.000%, 9/01/37 (Pre-refunded 9/01/17)
9/17 at 100.00
AAA
914,842
385
 
New Jersey Educational Facilities Authority, Revenue Bonds, Kean University, Series 2005B,
7/16 at 100.00
AA– (5)
419,596
   
5.000%, 7/01/30 (Pre-refunded 7/01/16) – NPFG Insured
     
   
New Jersey Educational Facilities Authority, Revenue Bonds, Montclair State University,
     
   
Series 2005F:
     
700
 
5.000%, 7/01/17 (Pre-refunded 7/01/15) – FGIC Insured
7/15 at 100.00
A1 (5)
730,653
1,000
 
5.000%, 7/01/24 (Pre-refunded 7/01/15) – FGIC Insured
7/15 at 100.00
A1 (5)
1,043,790
520
 
5.000%, 7/01/32 (Pre-refunded 7/01/15) – FGIC Insured
7/15 at 100.00
A1 (5)
542,771
   
New Jersey Educational Facilities Authority, Revenue Bonds, University of Medicine and
     
   
Dentistry of New Jersey, Refunding Series 2009B:
     
25
 
6.500%, 12/01/19 (Pre-refunded 6/01/19)
6/19 at 100.00
N/R (5)
31,177
100
 
6.500%, 12/01/20 (Pre-refunded 6/01/19)
6/19 at 100.00
N/R (5)
124,706
5
 
7.125%, 12/01/23 (Pre-refunded 6/01/19)
6/19 at 100.00
N/R (5)
6,382
   
New Jersey Health Care Facilities Financing Authority, Lease Revenue Bonds, Department of
     
   
Human Services – Greystone Park Psychiatric Hospital, Series 2005:
     
925
 
5.000%, 9/15/18 (Pre-refunded 9/15/15) – AMBAC Insured
9/15 at 100.00
A (5)
975,329
1,400
 
5.000%, 9/15/24 (Pre-refunded 9/15/15) – AMBAC Insured
9/15 at 100.00
A (5)
1,476,174
845
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, St. Clare’s Hospital,
No Opt. Call
N/R (5)
1,012,648
   
Series 2004A, 5.250%, 7/01/20 – RAAI Insured (ETM)
     
1,000
 
New Jersey Transit Corporation, Certificates of Participation, Federal Transit Administration
No Opt. Call
A (5)
1,006,560
   
Grants, Series 2002A, 5.500%, 9/15/14 – AMBAC Insured (ETM)
     
1,000
 
New Jersey Transit Corporation, Certificates of Participation, Federal Transit Administration
9/15 at 100.00
AA– (5)
1,053,710
   
Grants, Series 2005A, 5.000%, 9/15/18 (Pre-refunded 9/15/15) – FGIC Insured
     
1,280
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2005D,
6/15 at 100.00
AA+ (5)
1,334,374
   
5.000%, 6/15/19 (Pre-refunded 6/15/15) – AGM Insured
     
   
New Jersey Turnpike Authority, Revenue Bonds, Series 1991C:
     
15
 
6.500%, 1/01/16 – NPFG Insured (ETM)
No Opt. Call
AA– (5)
16,317
125
 
6.500%, 1/01/16 (ETM)
No Opt. Call
AA+ (5)
135,975
25
 
6.500%, 1/01/16 – NPFG Insured (ETM)
No Opt. Call
AA– (5)
27,195
245
 
6.500%, 1/01/16 (ETM)
No Opt. Call
AA+ (5)
254,415
15,840
 
North Hudson Sewerage Authority, New Jersey, Sewerage Revenue Refunding Bonds, Series 2001A,
No Opt. Call
A3 (5)
12,781,294
   
0.000%, 8/01/23 – NPFG Insured (ETM)
     
30,135
 
Total U.S. Guaranteed
   
28,028,875
   
Utilities – 3.0% (2.1% of Total Investments)
     
1,510
 
Industrial Pollution Control Financing Authority of Cape May County, New Jersey, Pollution
No Opt. Call
AA–
1,856,938
   
Control Revenue Refunding Bonds, 1991 Series A (Atlantic City Electric Company Project),
     
   
6.800%, 3/01/21 – NPFG Insured
     
530
 
New Jersey Economic Development Authority, Energy Facilities Revenue Bonds, UMM Energy
6/22 at 100.00
Baa3
542,026
   
Partners, LLC Project, Series 2012A, 5.125%, 6/15/43 (Alternative Minimum Tax)
     
250
 
New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American
5/20 at 100.00
A1
275,110
   
Water Company Inc. Project, Refunding Series 2010B, 5.600%, 11/01/34 (Alternative Minimum Tax)
     
320
 
New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American
11/20 at 100.00
A1
342,730
   
Water Company Inc. Project, Refunding Series 2010D, 4.875%, 11/01/29 (Alternative Minimum Tax)
     
2,610
 
Total Utilities
   
3,016,804
   
Water and Sewer – 7.8% (5.5% of Total Investments)
     
   
New Jersey Economic Development Authority, Water Facilities Revenue Bonds, Middlesex Water
     
   
Company, Series 2012C:
     
670
 
5.000%, 10/01/23
No Opt. Call
A
776,235
2,730
 
4.250%, 10/01/47 (Alternative Minimum Tax)
10/22 at 100.00
A
2,706,768
1,680
 
New Jersey Environmental Infrastructure Trust, Environmental Infrastructure Bonds, Series
9/21 at 100.00
AAA
1,674,943
   
2012A, 3.250%, 9/01/31
     
925
 
New Jersey Environmental Infrastructure Trust, Environmental Infrastructure Bonds, Tender
No Opt. Call
AAA
1,194,351
   
Option Bond Trust 4729, 7.345%, 9/01/21 (IF) (4)
     
   
North Hudson Sewerage Authority, New Jersey, Gross Revenue Senior Lien Lease Certificates,
     
   
Series 2012A:
     
670
 
5.000%, 6/01/27 – NPFG Insured
6/22 at 100.00
A
755,425
640
 
5.000%, 6/01/42 – NPFG Insured
6/22 at 100.00
A
689,555
7,315
 
Total Water and Sewer
   
7,797,277
$ 147,335
 
Total Long-Term Investments (cost $132,707,610)
   
141,325,047
   
Variable Rate Demand Preferred Shares, at Liquidation value – (44.7)% (6)
   
(45,000,000)
   
Other Assets Less Liabilities – 4.3%
   
4,354,204
   
Net Assets Applicable to Common Shares – 100%
   
$ 100,679,251
 
 
 
 

 
 

 
Fair Value Measurements
 
Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
 
Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
 
Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
 
Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
 
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
         
 
Level 1
Level 2
Level 3
Total
Long-Term Investments:
       
  Municipal Bonds
$ —
$141,325,047
$ —
$141,325,047
 
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 taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
 
As of July 31, 2014, the cost of investments was $132,565,631.
 
Gross unrealized appreciation and gross unrealized depreciation of investments as of July 31, 2014, were as follows:
   
Gross unrealized:
 
  Appreciation
$ 9,764,732
  Depreciation
(1,005,316)
Net unrealized appreciation (depreciation) of investments
$ 8,759,416
     
(1)
 
All percentages shown in the Portfolio of Investments are based on net assets applicable to common
   
shares unless otherwise noted.
(2)
 
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. Certain mortgage-backed securities
   
may be subject to periodic principal paydowns.
(3)
 
Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service,
   
Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s
   
or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by
   
any of these national rating agencies.
(4)
 
Investment, or portion of investment, has been pledged to collateralize the net payment obligations for
   
investments in inverse floating rate transactions.
(5)
 
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities,
   
which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or
   
agency securities are regarded as having an implied rating equal to the rating of such securities.
(6)
 
Variable Rate Demand Preferred Shares, at Liquidation Value as a percentage of Total Investments is 31.8%.
WI/DD
 
Investment, or portion of investment, purchased on a when-issued or delayed delivery basis.
(ETM)
 
Escrowed to maturity.
(IF)
 
Inverse floating rate investment.
 
 
 
 

 
 
Item 2. Controls and Procedures.

a.  
The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
 
b.  
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
 
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: See EX-99 CERT attached hereto.

 
 
 

 
 
SIGNATURES

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 New Jersey Dividend Advantage Municipal Fund 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date:         September 29, 2014        
 
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                    
                                                    Gifford R. Zimmerman
                                                  Chief Administrative Officer (principal executive officer) 
 
Date:         September 29, 2014        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:         September 29, 2014