Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the reorganization of certain Nuveen Michigan closed-end funds is expected to close prior to the opening of the New York Stock Exchange on January 7, 2013. As part of a previously announced reorganization, the funds will be merged as follows:

             
Acquired Fund   Symbol   Acquiring Fund   Symbol

? Nuveen Michigan Premium

  NMP   Nuveen Michigan Quality   NUM
Income Municipal Fund, Inc. Income Municipal Fund, Inc.

? Nuveen Michigan Dividend

NZW
Advantage Municipal Fund            
 

More information on these and other Nuveen closed-end funds is posted on Nuveen's web site at www.nuveen.com/cef.

Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates--Nuveen Asset Management, Symphony Asset Management, NWQ Investment Management Company, Santa Barbara Asset Management, Tradewinds Global Investors, Winslow Capital Management, and Gresham Investment Management. In total, Nuveen Investments managed approximately $220 billion as of September 30, 2012. For more information, please visit the Nuveen Investments website at www.nuveen.com.

Nuveen Investments
Media Contact:
Kristyna Munoz, (312) 917-8343
kristyna.munoz@nuveen.com