Nuveen New York Municipal Value Fund 2

Nuveen New York Municipal Value Fund 2 is a close-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets of New York. The fund primarily invests its assets in a portfolio of municipal securities with an objective to provide current income exempt from regular federal and New York income taxes. It uses value-oriented strategy to make its investments. The fund employs a fundamental analysis with a combination of top-down and bottom-up stock picking approach to create its portfolio. It conducts in-house research to make its investments. Nuveen New York Municipal Value Fund 2 was formed on January 26, 2009 and is domiciled in the United States.