Nuveen Insured Massachusetts Tax Free Advantage Municipal Fund

0001193125-12-167695.txt : 20120418 0001193125-12-167695.hdr.sgml : 20120418 20120418120100 ACCESSION NUMBER: 0001193125-12-167695 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120418 DATE AS OF CHANGE: 20120418 EFFECTIVENESS DATE: 20120418 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUVEEN INSURED MASSACHUSETTS TAX FREE ADVANTAGE MUNICIPAL FUND CENTRAL INDEX KEY: 0001196366 IRS NUMBER: 362639476 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-21216 FILM NUMBER: 12765311 BUSINESS ADDRESS: STREET 1: 333 W WACKER DR CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129178146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: NUVEEN INSURED MASSACHUSET TAX FREE ADVANTAGE MUNICIPAL FUND DATE OF NAME CHANGE: 20021004 DEFA14A 1 d294554ddefa14a.htm NUVEEN INSURED MASSACHUSETTS TAX FREE ADVANTAGE MUNICIPAL FUND Nuveen Insured Massachusetts Tax Free Advantage Municipal Fund

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the Securities

Exchange Act of 1934 (Amendment No. )

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Nuveen Insured Massachusetts Tax-Free Advantage Municipal Fund

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NUVEEN CLOSED END FUNDS

Annual Meeting - Last Chance to Vote May 14, 2012

VOTE NOW BEFORE TIME RUNS OUT

Dear Shareholder:

According to our records, you have not voted on important proposals affecting your fund. Unless sufficient shareholders vote by May 14, 2012, the adjournment date for your fund’s Annual Shareholders Meeting, your fund will not be able to implement these proposals. The Annual Shareholders Meeting will reconvene on May 14, 2012 at 2:30 p.m., Central Time at the offices of Nuveen Investments, 333 West Wacker Drive, Chicago, IL 60606 with respect to matters relating to the fundamental investment policies.

YOUR FUND’S BOARD RECOMMENDS YOU VOTE “FOR” EACH OF THE PROPOSALS.

Please call 866-963-5818 to cast your vote now.

PROPOSALS HAVE THE SUPPORT OF

AN INDEPENDENT, NATIONALLY-RECOGNIZED PROXY ADVISORY FIRM.

Sophisticated institutional investors often look to independent proxy advisory firms for guidance on how to vote their shares. Your fund’s proposals were reviewed and received the support of ISS Governance Services Inc. (ISS), widely recognized as one of the leading independent proxy advisory firms in the nation. Hundreds of major institutional investment firms, mutual funds, and other fiduciaries throughout the country rely upon ISS’ recommendations. ISS recommends that its clients vote “FOR” each of the proposals contained in the proxy.

SHAREHOLDERS ARE URGED TO VOTE NOW

ON THESE IMPORTANT MATTERS REGARDING THEIR FUND

It’s extremely important that you participate in the management of your investment by voting. Please take a few moments to review the information about the proposals in the Proxy Statement previously provided to you, and cast your vote now. You may obtain a copy of the Proxy Statement at http://www.nuveenproxy.com/ProxyInfo/CEF/Default.aspx.

The proposed New Fundamental 80% Policy is intended to give the Fund additional investment flexibility and improve its ability to pursue investment opportunities. If approved, the Fund would no longer be required to invest primarily in insured obligations, which would allow the Fund to invest in a broader universe of municipal obligations; however, the Fund would continue to invest at least 80% of its assets in municipal securities and other related investments that pay interest exempt from federal and Massachusetts income taxes and from the federal alternative minimum tax applicable to individuals. Nuveen Fund Advisors believes the proposed New Fundamental 80% Policy is in the best interests of the Fund and is consistent with the Fund’s investment objective.

The proposed New Fundamental Loan Policy would permit the Fund to make loans to the extent permitted by the securities laws. Among other things, this change is intended to provide the Fund the flexibility to make loans in circumstances where a municipal issuer is in distress, if Nuveen Fund Advisors believes that doing so would both facilitate a timely workout of the issuer’s situation in a manner which benefits the Fund, and be the best choice for reducing the likelihood or severity of loss on the Fund’s investment.

It is important that you call the proxy soliciting agent at 866-963-5818 to speak with one of the representatives who can assist you with the voting process. Representatives are available to take your vote Monday through Friday between 9:00 a.m. and 11:00 p.m. EDT and on Saturday from 12:00 p.m. to 6:00 p.m., EDT. Thank you for your prompt attention to this matter.