Insider Trading activities of Nuveen Arizona Dividend Advantage Municipal Fund insiders.

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Nuveen Arizona Dividend Advantage Municipal Fund since 2005 are illustrated in Table 1 and Table 2. Table 1 shows the monthly insider trading data of Nuveen Arizona Dividend Advantage Municipal Fund since year 2005. Table 2 shows the detailed insider transactions of Nuveen Arizona Dividend Advantage Municipal Fund since 2005. The reporting company's ticker symbol is NFZ. The reporting company's CIK number is 1087783.
The total value of stock buying since 2005 is $75,951.
The total value of stock sales since 2005 is $76,443.
The total value of stock option exercises since 2005 is $0.


Table 1. Monthly summaries of insider stock purchases, sales, and option exercises for Nuveen Arizona Dividend Advantage Municipal Fund (NFZ).
Trading Period Insider Buying Insider Sales Option Exercises
year-month Shares Value Shares Value Shares Value
2011-03 6,140 $75,951 6,140 $76,443 0 $0

Table 2. Detailed insider stock purchases, sales, and option exercises of Nuveen Arizona Dividend Advantage Municipal Fund insiders (NFZ)
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2011-03-04 Merrill Lynch, Pierce, Fenner & Smith Inc. (10% Owner) Buy 6,140 12.37 75,951
2011-03-04 Merrill Lynch, Pierce, Fenner & Smith Inc. (10% Owner) Sale 6,140 12.45 76,443

Insider trading activities including stock purchases, stock sales, and option exercises of NFZ listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of Nuveen Arizona Dividend Advantage Municipal Fund (symbol NFZ, CIK number 1087783) see the Securities and Exchange Commission (SEC) website.