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Nuveen California Dividend Advantage Municipal Fund
333 West Wacker Drive, Chicago, IL 60606 * (800) 257-8787
Business Description The company is a closed end investment fund. The Fund's investment objective is to provide current income exempt from regular Federal and California income tax and enhance portfolio value relative to the municipal bond market.
Offering
Information

Company has
gone public

Trading As  NAC (NYSE) Industry  Fund (SIC 6726)
Type of Stock Offered  Shares of Beneficial Interest Filing Date  12/16/1998
Domestic Shares Offered  20,300,000 Offer Date  05/25/1999
Foreign Shares Offered  0 Filing Price  $15.00
Company Shares  20,300,000 Offer Price  $15.00
Selling Shrhldrs Shares  0 Gross Spread  $0.675
Gross Proceeds  $304,500,000 Selling  - -
Expenses  - - Reallowance  - -
Post-IPO Shares  - - Employees  - -
Type of fund  Muni Bond
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Salomon Smith Barney Lead Manager (212) 723-7300
A.G. Edwards & Sons, Inc. Co-manager (314) 955-3039
Crowell, Weedon & Co Co-manager (213) 620-1850
Everen Securities, Inc. Co-manager (312) 574-6859
John Nuveen & Co. Co-manager (312) 917-7700
PaineWebber Incorporated Co-manager (212) 713-2626
Prudential Securities Incorporated Co-manager (212) 778-5420
Raymond James & Associates, Inc. Co-manager (813) 573-8108
Sutro & Company Inc. Co-manager (415) 445-8323
Wedbush Morgan Securities Co-manager (213) 688-8050
Use Of
Proceeds
The proceeds from the proposed offering will be invested in accordance with the investment objectives of the Fund.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Bell, Boyd & Lloyd
Bank's Law Firm  Morgan, Lewis & Bockius
Registrar/Transfer Agent  Chase Manhattan Bank, New York
Auditor  Ernst & Young
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Last updated: 09/29/1999 3:52:01 AM
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