Insider Trading activities of Nuveen Arizona Dividend Advantage Municipal Fund 2 insiders.

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Nuveen Arizona Dividend Advantage Municipal Fund 2 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 2 since year 2005. Table 2 shows the detailed insider transactions of Nuveen Arizona Dividend Advantage Municipal Fund 2 since 2005. The reporting company's ticker symbol is NKR. The reporting company's CIK number is 1161069.
The total value of stock buying since 2005 is $0.
The total value of stock sales since 2005 is $1,584,000.
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 2 (NKR).
Trading Period Insider Buying Insider Sales Option Exercises
year-month Shares Value Shares Value Shares Value
2009-01 0 $0 96 $1,584,000 0 $0

Table 2. Detailed insider stock purchases, sales, and option exercises of Nuveen Arizona Dividend Advantage Municipal Fund 2 insiders (NKR)
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2009-01-14 J P Morgan Chase & Co (10% Owner) Sale 96 16,500.00 1,584,000

Insider trading activities including stock purchases, stock sales, and option exercises of NKR 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 2 (symbol NKR, CIK number 1161069) see the Securities and Exchange Commission (SEC) website.