Nuveen Investments, a leading global provider of investment services to institutions as well as high-net-worth and affluent investors, today announced that the Nuveen Ohio Dividend Advantage Municipal Fund 3 (AMEX: NVJ) called for redemption at par all of its outstanding auction-rate preferred securities (ARPS). The fund’s Board of Trustees has approved this redemption, which totals $15.5 million and will be funded by proceeds received from the issuance of MuniFund Term Preferred Shares (MTP). NVJ is redeeming all of its $15.5 million of currently outstanding ARPS.
|Series||Cusip #||Total SharesRedeemed||Total AmountRedeemed||RedemptionDate|
|T||67071V203||620||$15,500,000||May 16, 2011|