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:         1/31/14         
 
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)
     
   
   January 31, 2014
     
 
 
 
Principal
   
Optional Call
   
Amount (000)
 
Description (1)
Provisions (2)
Ratings (3)
Value
   
LONG-TERM INVESTMENTS 145.1% (100.0% of Total Investments)
     
   
MUNICIPAL BONDS – 145.1% (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
$ 175,435
230
 
5.125%, 1/01/37
1/15 at 100.00
Caa1
154,622
490
 
Total Consumer Discretionary
   
330,057
   
Consumer Staples – 5.1% (3.5% 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
B1
593,227
5,075
 
4.750%, 6/01/34
6/17 at 100.00
B2
3,751,845
835
 
5.000%, 6/01/41
6/17 at 100.00
B2
618,100
6,540
 
Total Consumer Staples
   
4,963,172
   
Education and Civic Organizations – 11.5% (7.9% of Total Investments)
     
375
 
New Jersey Economic Development Authority, Rutgers University General Obligation Lease Revenue
6/23 at 100.00
AA–
473,010
   
Bonds, Tender Option Bond Trust 3359, 18.293%, 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
267,385
340
 
5.000%, 7/01/43
7/23 at 100.00
AA
352,787
250
 
New Jersey Educational Facilities Authority, Revenue Bonds, Fairleigh Dickinson University,
7/14 at 100.00
BBB
251,685
   
Series 2004C, 5.500%, 7/01/23
     
   
New Jersey Educational Facilities Authority, Revenue Bonds, Kean University, Series 2007D:
     
1,115
 
5.000%, 7/01/32 – FGIC Insured
7/17 at 100.00
A
1,173,716
735
 
5.000%, 7/01/39 – FGIC Insured
7/17 at 100.00
A
754,830
60
 
New Jersey Educational Facilities Authority, Revenue Bonds, Montclair State University, Series
7/14 at 100.00
AA–
60,960
   
2004L, 5.125%, 7/01/21 – NPFG Insured
     
970
 
New Jersey Educational Facilities Authority, Revenue Bonds, Montclair State University, Series
7/16 at 100.00
AA–
1,010,595
   
2006A, 5.000%, 7/01/36 – AMBAC Insured
     
665
 
New Jersey Educational Facilities Authority, Revenue Bonds, Princeton University, Tender
No Opt. Call
AAA
856,799
   
Option Bond Trust 3922, 13.950%, 7/01/19 (IF)
     
650
 
New Jersey Educational Facilities Authority, Revenue Bonds, Princeton University, Tender
7/24 at 100.00
AAA
847,048
   
Option Bond Trust 4741, 13.976%, 7/01/44 (IF) (4)
     
300
 
New Jersey Educational Facilities Authority, Revenue Bonds, Ramapo College, Series 2012B,
7/22 at 100.00
A
311,787
   
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+
265,889
170
 
5.000%, 7/01/37
7/21 at 100.00
BBB+
171,935
390
 
New Jersey Educational Facilities Authority, Revenue Bonds, Seton Hall University, Series
7/23 at 100.00
A
413,267
   
2013D, 5.000%, 7/01/38
     
230
 
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2010-1A,
12/19 at 100.00
AA
242,735
   
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
141,882
   
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
377,591
   
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
1,195,594
   
4.250%, 12/01/25 (Alternative Minimum Tax)
     
560
 
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Tender Option
12/22 at 100.00
AA
517,418
   
Bond Trust 4736, 11.987%, 12/01/23 (Alternative Minimum Tax) (IF) (4)
     
300
 
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Tender Option
6/19 at 100.00
AA
388,284
   
Bond Trust PA-4643, 20.060%, 6/01/30 (IF) (4)
     
250
 
Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities
4/22 at 100.00
BBB–
173,115
   
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–
58,456
   
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
6/14 at 100.00
BBB–
364,550
   
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, 18.415%,
No Opt. Call
AA–
404,091
   
5/01/21 (IF) (4)
     
10,435
 
Total Education and Civic Organizations
   
11,075,409
   
Financials – 2.0% (1.4% of Total Investments)
     
850
 
New Jersey Economic Development Authority, Economic Development Revenue Bonds, Glimcher
5/14 at 100.00
N/R
837,250
   
Properties LP, Series 1998, 6.000%, 11/01/28 (Alternative Minimum Tax)
     
250
 
New Jersey Economic Development Authority, Industrial Development Revenue Refunding Bonds,
4/14 at 100.00
Baa3
254,375
   
Newark Airport Marriott Hotel, Series 1996, 7.000%, 10/01/14
     
750
 
New Jersey Economic Development Authority, Revenue Refunding Bonds, Kapkowski Road Landfill
No Opt. Call
Ba2
813,713
   
Project, Series 2002, 5.750%, 10/01/21
     
1,850
 
Total Financials
   
1,905,338
   
Health Care – 16.2% (11.2% of Total Investments)
     
310
 
Camden County Improvement Authority, New Jersey, Revenue Bonds, Cooper Health System, Series
8/14 at 100.00
BBB
313,860
   
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+
744,613
   
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
440,744
   
Tender Option Bond Trust 3018, 18.832%, 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+
902,097
   
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+
195,161
   
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
421,840
225
 
5.500%, 7/01/43
7/23 at 100.00
BBB
224,339
865
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Atlanticare Regional
7/17 at 100.00
A+
889,004
   
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
1,540,410
   
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
131,351
   
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
442,864
   
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
181,721
   
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
993,782
500
 
5.000%, 7/01/31
7/22 at 100.00
A3
523,760
240
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Meridian Health System
7/23 at 100.00
A
250,994
   
Obligated Group, Refunding Series 2013A, 5.000%, 7/01/32
     
1,240
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Meridian Health, Series
7/18 at 100.00
AA–
1,275,290
   
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
126,238
   
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+
1,624,322
   
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+
450,758
   
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–
713,454
   
Healthcare System Obligated Group Issue, Series 2008, 6.625%, 7/01/38
     
2,000
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Somerset Medical Center,
7/14 at 100.00
Ba2
2,000,020
   
Series 2003, 5.500%, 7/01/33
     
   
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
669,635
615
 
5.000%, 7/01/46
7/16 at 100.00
A2
617,749
15,305
 
Total Health Care
   
15,674,006
   
Housing/Multifamily – 0.9% (0.6% 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
599,278
300
 
5.875%, 6/01/42
6/20 at 100.00
Baa3
319,602
860
 
Total Housing/Multifamily
   
918,880
   
Housing/Single Family – 5.4% (3.7% of Total Investments)
     
5,000
 
New Jersey Housing & Mortgage Finance Agency, Single Family Home Mortgage Revenue Bonds,
4/21 at 100.00
Aa1
5,209,699
   
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–
675,662
   
Refunding Bonds, Waste Management Inc. Project, Series 1999B, 6.850%, 12/01/29 (Mandatory
     
   
put 12/01/17)
     
   
Long-Term Care – 3.0% (2.1% of Total Investments)
     
620
 
Burlington County Bridge Commission, New Jersey, Economic Development Revenue Bonds, The
1/18 at 100.00
N/R
549,785
   
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–
250,835
   
Wards Homestead, Series 2004A, 5.800%, 11/01/31
     
   
New Jersey Economic Development Authority, Revenue Bonds, Masonic Charity Foundation of New
     
   
Jersey, Series 2001:
     
1,000
 
6.000%, 6/01/25
6/14 at 100.00
A–
1,001,410
335
 
5.500%, 6/01/31
6/14 at 100.00
A–
335,308
290
 
New Jersey Economic Development Authority, Revenue Bonds, United Methodist Homes of New Jersey
7/23 at 100.00
BBB–
287,059
   
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
7/14 at 100.00
BBB–
489,415
   
Obligated Group, Series 1998, 5.125%, 7/01/25
     
2,995
 
Total Long-Term Care
   
2,913,812
   
Tax Obligation/General – 3.8% (2.6% of Total Investments)
     
1,000
 
Jersey City, New Jersey, General Obligation Bonds, Series 2006A, 5.000%, 9/01/22 –
9/16 at 100.00
A2
1,090,340
   
AMBAC Insured
     
1,100
 
Linden, New Jersey, General Obligation Bonds, Refunding Series 2011, 4.000%, 5/01/23
5/21 at 100.00
AA–
1,164,933
300
 
Middletown Township Board of Education, Monmouth County, New Jersey, Refunding Series 2010,
8/20 at 100.00
AA
335,040
   
5.000%, 8/01/27
     
250
 
Newark Housing Authority, New Jersey, City-Secured Police Facility Revenue Bonds, South Ward
12/19 at 100.00
A3
288,105
   
Police Facility, Series 2009A, 6.750%, 12/01/38 – AGC Insured
     
740
 
Union County Utilities Authority, New Jersey, Resource Recovery Facility Lease Revenue
12/21 at 100.00
AA+
778,495
   
Refunding Bonds, Covanta Union Inc. Lessee, Series 2011B, 5.250%, 12/01/31 (Alternative
     
   
Minimum Tax)
     
3,390
 
Total Tax Obligation/General
   
3,656,913
   
Tax Obligation/Limited – 33.6% (23.2% of Total Investments)
     
600
 
Bergen County Improvement Authority, New Jersey, Guaranteed Lease Revenue Bonds, County
No Opt. Call
Aaa
729,336
   
Administration Complex Project, Series 2005, 5.000%, 11/15/26
     
1,000
 
Camden County Improvement Authority, New Jersey, County Guaranteed Lease Revenue Bonds, Series
9/15 at 100.00
AA
1,066,440
   
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
A–
1,160,302
   
2004, 5.250%, 1/01/16 – AMBAC Insured
     
620
 
Essex County Improvement Authority, New Jersey, Project Consolidation Revenue Bonds, Series
No Opt. Call
Aa2
742,487
   
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
3,590,549
   
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
613,880
   
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
847,254
   
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+
688,788
360
 
5.000%, 6/15/21
No Opt. Call
BBB+
407,311
400
 
5.000%, 6/15/25
6/22 at 100.00
BBB+
426,276
600
 
5.000%, 6/15/26
6/22 at 100.00
BBB+
633,702
800
 
5.000%, 6/15/28
No Opt. Call
BBB+
836,984
1,200
 
New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Series
7/14 at 100.00
A
1,225,272
   
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
66,275
115
 
5.125%, 6/15/37
6/17 at 100.00
Baa3
115,469
1,105
 
New Jersey Economic Development Authority, School Facilities Construction Financing Program
3/23 at 100.00
A+
1,206,461
   
Bonds, Refunding Series 2013NN, 5.000%, 3/01/28
     
   
New Jersey Economic Development Authority, School Facilities Construction Financing Program
     
   
Bonds, Series 2007U:
     
615
 
5.000%, 9/01/37 – AMBAC Insured
9/17 at 100.00
A+
644,342
1,235
 
5.000%, 9/01/37
9/17 at 100.00
A+
1,293,922
470
 
New Jersey Educational Facilities Authority, Revenue Bonds, Higher Education Capital
No Opt. Call
AA–
503,967
   
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+
257,055
   
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
A1
384,738
610
 
5.000%, 6/15/18 – FGIC Insured
6/16 at 100.00
A1
670,085
6,000
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital
No Opt. Call
A+
2,552,640
   
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+
1,551,745
   
2006A, 5.500%, 12/15/22
     
1,300
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2004B,
No Opt. Call
A+
1,482,065
   
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–
1,130,250
3,500
 
0.000%, 12/15/33 – AGM Insured
No Opt. Call
AA–
1,223,390
6,000
 
0.000%, 12/15/34 – AGM Insured
No Opt. Call
AA–
1,941,300
1,000
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2007A,
12/17 at 100.00
A+
1,112,650
   
5.000%, 12/15/26 – AMBAC Insured
     
800
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2010D,
No Opt. Call
A+
916,264
   
5.000%, 12/15/24
     
915
 
Passaic County Improvement Authority, New Jersey, Lease Revenue Bonds, Preakness Healthcare
5/22 at 100.00
Aa3
772,214
   
Center Expansion Project, Series 2012, 3.500%, 5/01/35
     
405
 
Puerto Rico Convention Center District Authority, Hotel Occupancy Tax Revenue Bonds, Series
7/16 at 100.00
BBB+
291,993
   
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+
891,975
   
Plainfield – Park Madison Redevelopment Project, Tender Option Trust 1145,
     
   
18.358%, 3/01/34 (IF) (4)
     
550
 
Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Subordinate
10/20 at 100.00
Baa2
563,470
   
Lien Series 2010B, 5.250%, 10/01/29
     
41,655
 
Total Tax Obligation/Limited
   
32,540,851
   
Transportation – 23.9% (16.5% of Total Investments)
     
   
Delaware River and Bay Authority, Delaware and New Jersey, Revenue Bonds, Series 2005:
     
1,000
 
5.000%, 1/01/25 – NPFG Insured
1/15 at 100.00
A1
1,034,020
1,000
 
5.000%, 1/01/26 – NPFG Insured
1/15 at 100.00
A1
1,031,130
500
 
5.000%, 1/01/27 – NPFG Insured
1/15 at 100.00
A1
515,565
325
 
Delaware River Joint Toll Bridge Commission, Pennsylvania, Revenue Bonds, Refunding Series
7/22 at 100.00
A2
331,165
   
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
519,550
   
5.000%, 1/01/40
     
965
 
Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2013,
1/24 at 100.00
A
1,009,120
   
5.000%, 1/01/40
     
1,260
 
Delaware River Port Authority, Pennsylvania and New Jersey, Revenue Refunding Bonds, Port
No Opt. Call
BBB
1,279,883
   
District Project, Series 2012, 5.000%, 1/01/27
     
300
 
New Brunswick Parking Authority, Middlesex County, New Jersey, Guaranteed Parking Revenue
9/22 at 100.00
A+
319,920
   
Bonds, Refunding Series 2012, 5.000%, 9/01/31
     
630
 
New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge
1/24 at 100.00
BBB–
638,807
   
Replacement Project, Series 2013, 5.625%, 1/01/52 (Alternative Minimum Tax)
     
900
 
New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental
5/14 at 100.00
B
900,036
   
Airlines Inc., Series 2000, 7.000%, 11/15/30 (Alternative Minimum Tax)
     
1,000
 
New Jersey Transit Corporation, Certificates of Participation, Federal Transit Administration
No Opt. Call
A1
1,032,050
   
Grants, Series 2002A, 5.500%, 9/15/14 – AMBAC Insured
     
1,000
 
New Jersey Transit Corporation, Certificates of Participation, Federal Transit Administration
9/15 at 100.00
A
1,066,500
   
Grants, Series 2005A, 5.000%, 9/15/18 – FGIC Insured
     
35
 
New Jersey Turnpike Authority, Revenue Bonds, Series 1991C, 6.500%, 1/01/16 – NPFG Insured
No Opt. Call
A+
38,936
300
 
New Jersey Turnpike Authority, Revenue Bonds, Series 2005A, 5.250%, 1/01/29 – AGM Insured
No Opt. Call
AA–
348,615
1,000
 
New Jersey Turnpike Authority, Revenue Bonds, Series 2009I, 5.000%, 1/01/35
1/20 at 100.00
A+
1,051,380
1,660
 
New Jersey Turnpike Authority, Revenue Bonds, Series 2012B, 5.000%, 1/01/28
1/23 at 100.00
A+
1,829,868
375
 
New Jersey Turnpike Authority, Revenue Bonds, Tender Option Bond Trust 1154,
7/22 at 100.00
A+
434,865
   
17.579%, 1/01/43 (IF) (4)
     
240
 
Passaic County Improvement Authority, New Jersey, County Guaranteed Parking Revenue Bonds, 200
5/20 at 100.00
Aa3
249,439
   
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–
1,573,770
   
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
410,502
   
Eighth Series 2008, Trust 2920, 17.784%, 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–
482,670
   
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–
887,620
   
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
6/14 at 100.00
A
5,030,949
   
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–
1,079,286
   
Refunding Series 2012, 5.000%, 11/01/22
     
22,200
 
Total Transportation
   
23,095,646
   
U.S. Guaranteed – 27.8% (19.1% of Total Investments) (5)
     
650
 
Burlington County Bridge Commission, New Jersey, Guaranteed Pooled Loan Bonds, Series 2003,
2/14 at 100.00
AA (5)
650,442
   
5.000%, 12/01/18 (Pre-refunded 2/06/14) – NPFG Insured
     
1,785
 
New Jersey Building Authority, State Building Revenue Bonds, Series 2007A, 5.000%, 6/15/27
6/16 at 100.00
AA+ (5)
1,980,101
   
(Pre-refunded 6/15/16)
     
   
New Jersey Economic Development Authority, Cigarette Tax Revenue Bonds, Series 2004:
     
600
 
5.750%, 6/15/29 (Pre-refunded 6/15/14)
6/14 at 100.00
Aaa
612,582
1,200
 
5.750%, 6/15/34 (Pre-refunded 6/15/14)
6/14 at 100.00
Aaa
1,225,164
385
 
New Jersey Educational Facilities Authority, Revenue Bonds, Kean University, Series 2005B,
7/16 at 100.00
A (5)
427,304
   
5.000%, 7/01/30 (Pre-refunded 7/01/16) – NPFG Insured
     
690
 
New Jersey Educational Facilities Authority, Revenue Bonds, Montclair State University,
7/14 at 100.00
A (5)
704,221
   
Series 2004L, 5.125%, 7/01/21 (Pre-refunded 7/01/14) – 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)
746,319
1,000
 
5.000%, 7/01/24 (Pre-refunded 7/01/15) – FGIC Insured
7/15 at 100.00
A1 (5)
1,066,170
520
 
5.000%, 7/01/32 (Pre-refunded 7/01/15) – FGIC Insured
7/15 at 100.00
A1 (5)
554,408
625
 
New Jersey Educational Facilities Authority, Revenue Bonds, Rowan University, Series 2004C,
7/14 at 100.00
A+ (5)
637,556
   
5.000%, 7/01/24 (Pre-refunded 7/01/14) – NPFG Insured
     
   
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)
31,625
100
 
6.500%, 12/01/20 (Pre-refunded 6/01/19)
6/19 at 100.00
N/R (5)
126,501
5
 
7.125%, 12/01/23 (Pre-refunded 6/01/19)
6/19 at 100.00
N/R (5)
6,485
630
 
New Jersey Educational Facilities Authority, Revenue Bonds, William Paterson University,
7/14 at 100.00
AA- (5)
642,984
   
Series 2004A, 5.125%, 7/01/19 (Pre-refunded 7/01/14) – FGIC Insured
     
   
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)
996,466
1,400
 
5.000%, 9/15/24 (Pre-refunded 9/15/15) – AMBAC Insured
9/15 at 100.00
A+ (5)
1,508,164
845
 
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, St. Clare’s Hospital,
No Opt. Call
N/R (5)
1,015,251
   
Series 2004A, 5.250%, 7/01/20 – RAAI Insured (ETM)
     
1,280
 
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2005D,
6/15 at 100.00
AA+ (5)
1,364,173
   
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)
16,778
125
 
6.500%, 1/01/16 (ETM)
No Opt. Call
AA+ (5)
139,813
25
 
6.500%, 1/01/16 – NPFG Insured (ETM)
No Opt. Call
AA- (5)
27,963
245
 
6.500%, 1/01/16 (ETM)
No Opt. Call
AA+ (5)
260,023
15,840
 
North Hudson Sewerage Authority, New Jersey, Sewerage Revenue Refunding Bonds, Series 2001A,
No Opt. Call
Baa1 (5)
12,054,238
   
0.000%, 8/01/23 – NPFG Insured (ETM)
     
20
 
University of Medicine and Dentistry of New Jersey, Certificates of Participation, University
6/14 at 100.00
N/R (5)
20,378
   
Housing Associates, LLC, Series 2004, 5.250%, 6/15/21 (Pre-refunded 6/15/14) – NPFG Insured
     
45
 
University of Medicine and Dentistry of New Jersey, Certificates of Participation, University
6/14 at 100.00
N/R (5)
45,808
   
Housing Associates, LLC, Series 2004, 5.000%, 6/15/36 (Pre-refunded 6/15/14) – NPFG Insured
     
29,680
 
Total U.S. Guaranteed
   
26,860,917
   
Utilities – 2.4% (1.7% of Total Investments)
     
1,510
 
Industrial Pollution Control Financing Authority of Cape May County (New Jersey), Pollution
No Opt. Call
A
1,857,089
   
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
494,607
   
Partners, LLC Project, Series 2012A, 5.125%, 6/15/43 (Alternative Minimum Tax)
     
2,040
 
Total Utilities
   
2,351,696
   
Water and Sewer – 8.5% (5.8% of Total Investments)
     
225
 
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2005,
7/15 at 100.00
A–
228,008
   
6.000%, 7/01/25
     
   
New Jersey Economic Development Authority, Water Facilities Revenue Bonds, Middlesex Water
     
   
Company, Series 2012C:
     
670
 
5.000%, 10/01/23
No Opt. Call
A
764,035
2,730
 
4.250%, 10/01/47 (Alternative Minimum Tax)
10/22 at 100.00
A
2,447,718
250
 
New Jersey Economic Development Authority, Water Facilities Revenue Bonds, New Jersey-American
5/20 at 100.00
A1
269,238
   
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
335,341
   
Water Company Inc. Project, Refunding Series 2010D, 4.875%, 11/01/29 (Alternative Minimum Tax)
     
1,680
 
New Jersey Environmental Infrastructure Trust, Environmental Infrastructure Bonds, Series
9/21 at 100.00
AAA
1,561,224
   
2012A, 3.250%, 9/01/31
     
925
 
New Jersey Environmental Infrastructure Trust, Environmental Infrastructure Bonds, Tender
No Opt. Call
AAA
1,168,164
   
Option Bond Trust 4729, 7.488%, 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
733,871
640
 
5.000%, 6/01/42 – NPFG Insured
6/22 at 100.00
A
665,830
8,110
 
Total Water and Sewer
   
8,173,429
$ 151,220
 
Total Long-Term Investments (cost $135,797,588)
   
140,345,487
   
Variable Rate Demand Preferred Shares, at Liquidation Value – (46.5)% (6)
   
(45,000,000)
   
Other Assets Less Liabilities – 1.4%
   
1,374,133
   
Net Assets Applicable to Common Shares - 100%
   
$ 96,719,620
 
 
 
 

 
 
Fair Value Measurements
 
Fair value is defined as the price that the Funds would receive 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
$ —
$140,345,487
$ —
$140,345,487
 
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 January 31, 2014, the cost of investments was $135,665,401.
 
Gross unrealized appreciation and gross unrealized depreciation of investments as of January 31, 2014, were as follows:
 
   
Gross unrealized:
 
   Appreciation
$ 7,604,570
   Depreciation
(2,924,484)
Net unrealized appreciation (depreciation) of investments
$ 4,680,086
 
 
     
(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 32.1%.
(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:         April 1, 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:         April 1, 2014        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:         April 1, 2014