SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)Nuveen California Dividend Advantage Municipal Fund 2 (NVX)
(Name of Issuer)MuniFund Term Preferred
(Title of Class of Securities)67069X401
(CUSIP Number)May 31, 2013
(Date of Event which Requires Filing of this Statement)
X Rule 13d-1(b)
__ Rule 13d-1(c)
__ Rule 13d-1(d)
CUSIP No.: 67069X401
1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).Karpus Management, Inc., d/b/a Karpus Investment Management
I.D. #16-1290558
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
3. SEC Use Only
4. Citizenship or Place of OrganizationNew York
Number of Shares Beneficially Owned by Each reporting Person With:
- 5. Sole Voting Power1,178,0046. Shared Voting PowerN/A7. Sole Dispositive Power1,178,0048. Shared Dispositive PowerN/A
9. Aggregate Amount Beneficially Owned by Each Reporting Person1,178,004
10. Check if the Aggregate Amount in Row ( 9 ) Excludes Certain Shares (See Instructions)N/A
11. Percent of Class Represented by Amount in Row ( 9 )21.42%
12. Type of Reporting Person (See Instructions)IA
Item 1.
- (a) The Name of the Issuer is: Nuveen California Dividend Advantage Municipal Fund 2(b) The Address of the Issuer‘s Principal Executive Office is: Nuveen Funds, 333 West Wacker Drive, Chicago IL, 60606 USA
- (a) The name of the Person Filing is: Karpus Management, Inc., d/b/a Karpus Investment Management (“KIM”), George W. Karpus, President, Director and controlling stockholder, Jo Ann Van Degriff, Partner Emeritus.(b) The address of KIM’s principal place of business and principal office is: 183 Sully’s Trail, Pittsford, New York 14534.(c) Citizenship: Each of the Principals is a United States citizen. KIM is a New York corporation.(d) Title of Class of Securities: MuniFund Term Preferred(e) CUSIP Number: 67069X401
- (a) ___ Broker or dealer registered under section 15 of the Act ( 15 U.S.C. 78o ).(b) ___ Bank as defined in section 3 (a) ( 6 ) of the Act ( 15 U.S.C. 78c ).(c) ___ Insurance company as defined in section 3 ( a ) ( 6 ) of the Act ( 15 U.S.C. 78c ).(d) ___ Investment company registered under section 8 of the Investment Company Act of 1940 ( 15 U.S.C. 80 – a ).
(e) X An investment adviser in accordance with § 240.13d– 1 ( b ) ( 1 ) ( ii ) ( E ).(f) ___ An employee benefit plan or endowment fund in accordance with § 240.13d– 1 ( b ) ( 1 ) ( ii ) ( F ).(g) ___ A parent holding company or control person in accordance with § 240.13d– 1 ( b ) ( 1 ) ( ii ) ( G ).(h) ___ A savings association as defined in Section 3 ( b ) of the Federal Deposit Insurance Act ( 12 U.S. C. 1813 ).(i) ___ A church plan that is excluded from the defininition of an investment company under section 3 ( c ) ( 14 ) of the Investment Company Act of 1940 ( 15 U.S. C. 80a – 3 ).(j) ___ Group, in accordance with § 240.13 – 1 ( b ) ( 1 ) ( ii ) ( J ).Item 4.(a) Amount beneficially owned: 1,178,004 shares(b) Percent of class: 21.42%(c) Number of shares as to which the person has:
- (i) Sole power to vote or to direct the vote: 1,178,004 shares(ii) Shared power to vote or to direct the vote: N/A(iii) Sole power to dispose or to direct the disposition of: 1,178,004 shares(iv) Shared power to dispose or to direct the disposition of: N/A
- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct.
Karpus Management, Inc. By: /s/ Name: Daniel Lippincott Title: Senior Tax-Sensitive Manager Date: June 10, 2013