nvq
 
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-22058
Nuveen Tax-Advantaged Dividend Growth Fund
(Exact name of registrant as specified in charter)
     333 West Wacker Drive, Chicago, Illinois 60606     
(Address of principal executive offices) (Zip code)
Kevin J. McCarthy—Vice President and Secretary
     333 West Wacker Drive, Chicago, Illinois 60606     
(Name and address of agent for service)
Registrant’s telephone number, including area code:      312-917-7700     
Date of fiscal year end:        12/31      
Date of reporting period:    9/30/2010   
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
 
 

 

 

Item 1. Schedule of Investments
Nuveen Tax-Advantaged Dividend Growth Fund (JTD)
Portfolio of Investments
September 30, 2010 (Unaudited)
                                         
Shares     Description (1)                           Value  
 
       
 
                                
       
Common Stocks – 88.3% (70.7% of Total Investments)
                                
       
 
                                
       
Aerospace & Defense – 2.0%
                                
       
 
                                
  84,438    
Raytheon Company
                           $ 3,859,661  
 
       
 
                                
       
Beverages – 2.5%
                                
       
 
                                
  80,945    
Coca-Cola Company
                             4,736,901  
 
       
 
                                
       
Capital Markets – 1.7%
                                
       
 
                                
  19,730    
BlackRock Inc.
                             3,359,033  
 
       
 
                                
       
Chemicals – 1.6%
                                
       
 
                                
  42,145    
Sherwin-Williams Company
                             3,166,775  
 
       
 
                                
       
Commercial Banks – 3.8%
                                
       
 
                                
  77,353    
Cullen/Frost Bankers, Inc.
                             4,167,006  
  147,800    
U.S. Bancorp, (2)
                             3,195,436  
 
       
Total Commercial Banks
                             7,362,442  
         
       
 
                                
       
Commercial Services & Supplies – 2.7%
                                
       
 
                                
  147,505    
Waste Management, Inc.
                             5,271,829  
 
       
 
                                
       
Communications Equipment – 2.7%
                                
       
 
                                
  114,765    
QUALCOMM, Inc.
                             5,178,197  
 
       
 
                                
       
Diversified Financial Services – 2.1%
                                
       
 
                                
  108,920    
JPMorgan Chase & Co.
                             4,146,584  
 
       
 
                                
       
Diversified Telecommunication Services – 2.7%
                                
       
 
                                
  180,403    
AT&T Inc.
                             5,159,526  
 
       
 
                                
       
Electric Utilities – 2.3%
                                
       
 
                                
  82,239    
NextEra Energy Inc.
                             4,472,979  
 
       
 
                                
       
Electrical Equipment – 1.9%
                                
       
 
                                
  71,161    
Emerson Electric Company
                             3,747,338  
 
       
 
                                
       
Energy Equipment & Services – 3.0%
                                
       
 
                                
  196,600    
Seadrill Limited, (3)
                             5,699,434  
 
       
 
                                
       
Food & Staples Retailing – 2.2%
                                
       
 
                                
  78,200    
Wal-Mart Stores, Inc., (2)
                             4,185,264  
 
       
 
                                
       
Food Products – 1.8%
                                
       
 
                                
  81,500    
McCormick & Company, Incorporated
                             3,426,260  
 
       
 
                                
       
Hotels, Restaurants & Leisure – 2.3%
                                
       
 
                                
  94,584    
YUM! Brands, Inc.
                             4,356,539  
 
       
 
                                
       
Household Durables – 1.7%
                                
       
 
                                
  140,100    
Leggett and Platt Inc.
                             3,188,676  
 
       
 
                                
       
Household Products – 2.1%
                                
       
 
                                
  67,265    
Procter & Gamble Company
                             4,033,882  
 
       
 
                                
       
Insurance – 2.4%
                                
       
 
                                
  89,825    
AFLAC Incorporated, (2)
                             4,644,851  
 
       
 
                                
       
IT Services – 6.3%
                                
       
 
                                
  86,000    
Accenture Limited
                             3,654,140  
  33,710    
International Business Machines Corporation (IBM)
                             4,521,859  
  144,848    
Paychex, Inc.
                             3,981,872  
 
       
Total IT Services
                             12,157,871  
         
       
 
                                
       
Machinery – 4.0%
                                
       
 
                                
  49,000    
Caterpillar Inc., (2)
                             3,855,320  
  80,213    
PACCAR Inc.
                             3,862,256  
 
       
Total Machinery
                             7,717,576  
         
       
 
                                
       
Media – 3.9%
                                
       
 
                                
  178,300    
Shaw Communication Inc.
                             3,924,383  
  97,910    
Thomson Corporation
                             3,674,562  
 
       
Total Media
                             7,598,945  
         
       
 
                                
       
Metals & Mining – 2.8%
                                
       
 
                                
  153,050    
Southern Copper Corporation, (2)
                             5,375,116  
 
       
 
                                
       
Oil, Gas & Consumable Fuels – 9.0%
                                
       
 
                                
  63,850    
Chevron Corporation, (2)
                             5,175,043  
  125,655    
EnCana Corporation
                             3,798,551  
  106,392    
EQT Corporation
                             3,836,496  
  77,193    
Royal Dutch Shell PLC, Class A, ADR
                             4,654,738  
 
       
Total Oil, Gas & Consumable Fuels
                             17,464,828  
         
       
 
                                
       
Pharmaceuticals – 6.7%
                                
       
 
                                
  95,280    
Abbott Laboratories
                             4,977,427  
  38,700    
Novo-Nordisk A/S
                             3,809,628  
  239,400    
Pfizer Inc.
                             4,110,498  
 
       
Total Pharmaceuticals
                             12,897,553  
         
       
 
                                
       
Semiconductors & Equipment – 3.0%
                                
       
 
                                
  184,154    
Microchip Technology Incorporated
                             5,791,643  
 
       
 
                                
       
Software – 2.0%
                                
       
 
                                
  157,850    
Microsoft Corporation
                             3,865,747  
 
       
 
                                
       
Textiles, Apparel & Luxury Goods – 1.8%
                                
       
 
                                
  43,005    
VF Corporation
                             3,484,265  
 
       
 
                                
       
Thrifts & Mortgage Finance – 2.4%
                                
       
 
                                
  286,948    
New York Community Bancorp, Inc.
                             4,662,905  
 
       
 
                                
       
Tobacco – 4.9%
                                
       
 
                                
  61,669    
Lorillard Inc.
                             4,952,637  
  78,789    
Philip Morris International
                             4,413,760  
 
       
Total Tobacco
                             9,366,397  
         
       
Total Common Stocks (cost $162,054,163)
                             170,379,017  
         
       
 
                                
  Shares    
Description (1)
     Coupon           Ratings (4)       Value  
 
       
 
                                
       
$25 Par (or similar) Preferred Securities – 21.6% (17.3% of Total Investments)
                                
       
 
                                
       
Capital Markets – 0.4%
                                
       
 
                                
  20,000    
Credit Suisse
     7.900 %             A3     $ 547,200  
  6,100    
Deutsche Bank Capital Funding Trust V
     8.050 %             A       162,809  
 
       
Total Capital Markets
                             710,009  
         
       
 
                                
       
Commercial Banks – 4.7%
                                
       
 
                                
  48,944    
Banco Santander Finance
     10.500 %             A       1,384,136  
  25,000    
Barclays Bank PLC
     8.125 %             A       648,250  
  75,000    
BB&T Capital Trust VI
     9.600 %             A3       2,145,000  
  15,000    
BB&T Capital Trust VII
     8.100 %             A3       415,050  
  25,000    
HSBC Holdings PLC, (5)
     8.000 %             A+       674,500  
  16,200    
HSBC Holdings PLC
     6.200 %             A+       395,280  
  38,744    
PNC Capital Trust
     7.750 %             A-       1,003,857  
  48,000    
Zions Bancorporation, (5)
     11.000 %             BB+       1,297,440  
  44,100    
Zions Bancorporation
     9.500 %             BB+       1,121,022  
 
       
Total Commercial Banks
                             9,084,535  
         
       
 
                                
       
Communications Equipment – 0.7%
                                
       
 
                                
  50,000    
Motorola Incorporated (CORTS)
     8.375 %             Baa3       1,286,500  
 
       
 
                                
       
Consumer Finance – 1.8%
                                
       
 
                                
  28,000    
Heller Financial Inc.
     6.687 %             A+       2,695,000  
  36,300    
HSBC Finance Corporation
     6.360 %             A       861,762  
 
       
Total Consumer Finance
                             3,556,762  
         
       
 
                                
       
Diversified Financial Services – 1.2%
                                
       
 
                                
  25,000    
Bank of America Corporation
     8.200 %             BBB-       651,500  
  28,000    
Citigroup Capital Trust VIII
     6.950 %             Ba1       679,560  
  21,875    
Citigroup Capital XIII
     7.875 %             Ba1       546,875  
  18,200    
Fleet Capital Trust VIII
     7.200 %             Baa3       455,364  
 
       
Total Diversified Financial Services
                             2,333,299  
         
       
 
                                
       
Electric Utilities – 2.4%
                                
       
 
                                
  24,150    
American Electric Power
     8.750 %             Baa3       696,245  
  11,700    
BGE Capital Trust II
     6.200 %             BBB-       295,191  
  75,000    
Entergy Arkansas Inc.
     6.450 %             BB+       1,809,375  
  25,000    
Entergy Texas Inc.
     7.875 %             BBB+       737,250  
  6,581    
FPC Capital I
     7.100 %             Baa2       167,947  
  10,000    
Southern California Edison Company, Series C
     6.000 %             Baa2       985,000  
 
       
Total Electric Utilities
                             4,691,008  
         
       
 
                                
       
Food Products – 1.1%
                                
       
 
                                
  20    
HJ Heinz Finance Company, 144A
     8.000 %             BB+       2,151,250  
 
       
 
                                
       
Insurance – 4.4%
                                
       
 
                                
  73,000    
American Financial Group
     7.000 %             BBB       1,819,160  
  64,700    
Arch Capital Group Limited, Series B
     7.875 %             BBB       1,656,320  
  50,000    
Aspen Insurance Holdings Limited
     7.401 %             BBB-       1,213,000  
  35,844    
Endurance Specialty Holdings Limited
     7.750 %             BBB-       930,869  
  9,600    
Principal Financial Group
     5.563 %             BBB       818,700  
  75,000    
Prudential Financial Inc.
     9.000 %             BBB+       2,139,000  
 
       
Total Insurance
                             8,577,049  
         
       
 
                                
       
Media – 0.6%
                                
       
 
                                
  40,800    
Viacom Inc.
     6.850 %             BBB+       1,070,184  
 
       
 
                                
       
Multi-Utilities – 1.0%
                                
       
 
                                
  25,000    
Dominion Resources Inc.
     8.375 %             BBB       727,750  
  32,500    
Scana Corporation
     7.700 %             BBB-       924,300  
  9,029    
Xcel Energy Inc.
     7.600 %             BBB       248,839  
 
       
Total Multi-Utilities
                             1,900,889  
         
       
 
                                
       
Real Estate Investment Trust – 2.9%
                                
       
 
                                
  48,000    
Apartment Investment & Management Company, Series U
     7.750 %             Ba3       1,217,760  
  50,000    
Ashford Hospitality Trust, Inc., Series D
     8.450 %             N/A       1,133,000  
  50,000    
Kimco Realty Corporation, Series G
     7.750 %             Baa2       1,281,000  
  72,500    
Vornado Realty LP
     7.875 %             BBB       1,937,200  
 
       
Total Real Estate Investment Trust
                             5,568,960  
         
       
 
                                
       
Wireless Telecommunication Services – 0.4%
                                
       
 
                                
  32,600    
Telephone and Data Systems Inc.
     7.600 %             Baa2       819,564  
 
       
Total $25 Par (or similar) Preferred Securities (cost $38,413,580)
                             41,750,009  
         
       
 
                                
  Shares    
Description (1)
     Coupon             Ratings (4)       Value  
 
       
 
                                
       
Convertible Preferred Securities – 2.8% (2.2% of Total Investments)
                                
       
 
                                
       
Capital Markets – 0.6%
                                
       
 
                                
  24,100    
CalEnergy Capital Trust III, Convertible Preferred Security
     6.500 %             Baa2     $ 1,182,105  
 
       
 
                                
       
Commercial Banks – 1.0%
                                
       
 
                                
  1,904    
Wells Fargo & Company, Convertible Bond
     7.500 %             A       1,915,424  
 
       
 
                                
       
Diversified Financial Services – 1.2%
                                
       
 
                                
  19,400    
CitiGroup Inc., Convertible
     7.500 %             N/A       2,299,094  
 
       
Total Convertible Preferred Securities (cost $4,672,045)
                             5,396,623  
         
       
 
                                
  Principal    
 
                                
  Amount (000)    
Description (1)
     Coupon       Maturity       Ratings (4)       Value  
 
       
 
                                
       
Corporate Bonds – 1.7% (1.3% of Total Investments)
                                
       
 
                                
       
Commercial Banks – 0.5%
                                
       
 
                                
$ 1,000    
Western Alliance Bancorporation
     10.000 %     9/01/15       Ba3     $ 995,000  
 
       
 
                                
       
Diversified Telecommunication Services – 0.6%
                                
       
 
                                
  1,000    
Frontier Communications Corporation
     8.750 %     4/15/22       BB+       1,105,000  
 
       
 
                                
       
Insurance – 0.6%
                                
       
 
                                
  1,000    
Genworth Financial Inc.
     8.625 %     12/15/16       BBB       1,128,932  
 
$ 3,000    
Total Corporate Bonds (cost $2,974,655)
                             3,228,932  
 
       
 
                                
  Principal    
 
                                
  Amount (000)    
Description (1)
     Coupon       Maturity       Ratings (4)       Value  
 
       
 
                                
       
Capital Preferred Securities – 4.6% (3.7% of Total Investments)
                                
       
 
                                
       
Commercial Banks – 1.1%
                                
       
 
                                
  1,000    
City National Capital Trust I
     9.625 %     2/01/40       A3     $ 1,041,388  
  1,000    
Wells Fargo & Company, Series K
     7.980 %     N/A  (6)     A       1,057,500  
 
       
Total Commercial Banks
                             2,098,888  
         
       
 
                                
       
Consumer Finance – 0.8%
                                
       
 
                                
  1,000    
Capital One Capital V, Cumulative Trust Preferred Securities
     10.250 %     8/15/39       BBB       1,088,750  
  500    
Capital One Capital VI
     8.875 %     5/15/40       BBB       528,750  
 
       
Total Consumer Finance
                             1,617,500  
         
       
 
                                
       
Diversified Financial Services – 1.1%
                                
       
 
                                
  1,000    
JPMorgan Chase & Company
     7.900 %     N/A  (6)     A       1,075,271  
  1,000    
MBNA Corporation, Capital Trust A
     8.278 %     12/01/26       Baa3       1,032,500  
 
       
Total Diversified Financial Services
                             2,107,771  
         
       
 
                                
       
Insurance – 1.6%
                                
       
 
                                
  20    
Axis Capital Holdings Limited
     7.500 %     12/01/15       BBB       1,780,000  
  1,000    
MetLife Inc.
     10.750 %     8/01/69       BBB       1,300,783  
 
       
Total Insurance
                             3,080,783  
         
       
Total Capital Preferred Securities (cost $7,954,561)
                             8,904,942  
         
       
 
                                
  Shares    
Description (1)
                             Value  
 
       
 
                                
       
Investment Companies – 1.5% (1.3% of Total Investments)
                                
       
 
                                
  175,600    
Flaherty and Crumrine/Claymore Preferred Securities Income Fund Inc.
                           $ 2,967,640  
 
       
Total Investment Companies (cost $2,173,045)
                             2,967,640  
         
       
 
                                
  Principal    
 
                                
  Amount (000)    
Description (1)
     Coupon       Maturity               Value  
 
       
 
                                
       
Short-Term Investments – 4.4% (3.5% of Total Investments)
                                
       
 
                                
$ 8,451    
Repurchase Agreement with State Street Bank, dated 9/30/10,
repurchase price $8,450,956, collateralized by $8,055,000
U.S. Treasury Notes, 2.500%, due 4/30/15, value $8,624,489
     0.080 %     10/01/10             $ 8,450,937  
   
       
Total Short-Term Investments (cost $8,450,937)
                             8,450,937  
         
       
Total Investments (cost $226,692,986) – 124.9%
                             241,078,100  
         
       
Borrowings – (22.5)% (8), (9)
                             (43,500,000 )
         
       
Other Assets Less Liabilities – (2.4)%
                             (4,587,242 )
         
       
Net Assets Applicable to Common Shares – 100%
                           $ 192,990,858  
         
 
        
Investments in Derivatives

Call Options Written outstanding at September 30, 2010:
                                
                                         
  Number of    
 
     Notional       Expiration       Strike          
  Contracts    
Type
     Amount (7)       Date       Price       Value  
 
  (100 )  
S&P 500 INDEX
   $ (11,250,000 )     10/16/10       $1,125     $ (276,000 )
  (100 )  
S&P 500 INDEX
     (11,000,000 )     10/16/10       1,100       (470,000 )
  (200 )  
S&P 500 INDEX
     (23,000,000 )     11/20/10       1,150       (590,000 )
  (100 )  
S&P 500 INDEX
     (11,750,000 )     11/20/10       1,175       (180,500 )
 
  (500 )  
Total Call Options Written (premiums received $1,175,496)
   $ (57,000,000 )                   $ (1,516,500 )
 
Fair Value Measurements
In determining the fair value of the Fund’s investments, various inputs are used. These inputs are summarized in the three broad levels listed below:
  Level 1 –   Quoted prices in active markets for identical securities.
  Level 2 –   Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
  Level 3 –   Significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The inputs or methodologies used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of September 30, 2010:
                                 
    Level 1     Level 2     Level 3     Total  
 
Investments:
                                
Common Stocks*
   $ 164,679,583     $ 5,699,434     $ —     $ 170,379,017  
Preferred Securities**
     36,958,327       19,093,247       —       56,051,574  
Corporate Bonds
     —       3,228,932       —       3,228,932  
Investment Companies
     2,967,640       —       —       2,967,640  
Short-Term Investments
     8,450,937       —       —       8,450,937  
Derivatives:
                                
Call Options Written
     (1,516,500 )     —       —       (1,516,500 )
 
Total
   $ 211,539,987     $ 28,021,613     $ —     $ 239,561,600  
 
*   Refer to the Fund’s Portfolio of Investments for industry breakdown of Common Stocks classified as level 2.
 
**   Preferred Securities includes Convertible Preferred Securities, $25 Par (or similar) Preferred Securities and Capital Preferred Securities held by the Fund at the end of the reporting period, if any.
Derivative Instruments and Hedging Activities
The Fund records derivative instruments at fair value, with changes in fair value recognized on the Statement of Operations, when applicable. Even though the Fund’s investments in derivatives may represent economic hedges, they are not considered to be hedge transactions for financial reporting purposes.
The following table presents the fair value of all derivative instruments held by the Fund as of September 30, 2010, the location of these instruments on the Statement of Assets and Liabilities, and the primary underlying risk exposure.
                                              
            Location on the Statement of Assets and Liabilities
Underlying   Derivative   Asset Derivatives   Liability Derivatives
Risk Exposure   Instrument   Location   Value   Location   Value
 
Equity Price
   Options     —     $ —   Call options written, at value   $ 1,516,500
 
Income Tax Information
The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to the recognition of unrealized gain or loss for tax (mark-to-market) on option contracts, timing differences in the recognition of income and timing differences in recognizing certain gains and losses on investment transactions. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
At September 30, 2010, the cost of investments (excluding investments in derivatives) was $227,953,937.
Gross unrealized appreciation and gross unrealized depreciation of investments (excluding investments in derivatives) at September 30, 2010, were as follows:
         
 
         
Gross unrealized:
        
Appreciation
   $ 23,035,154  
Depreciation
     (9,910,991 )
         
 
         
Net unrealized appreciation (depreciation) of investments
   $ 13,124,163  
 
     
 
  For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease.
     
(1)
  All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares unless otherwise noted.
     
(2)
  Investment, or portion of investment, has been pledged to collateralize the net payment obligations under call options written.
     
(3)
  For fair value measurement disclosure purposes, Common Stock categorized as Level 2.
     
(4)
  Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investor Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.
     
(5)
  Non-income producing; issuer has not declared a dividend within the past twelve months.
     
(6)
  Perpetual security. Maturity date is not applicable.
     
(7)
  For disclosure purposes, Notional Amount is calculated by multiplying the Number of Contracts by the Strike Price by 100.
     
(8)
  Borrowings as a percentage of Total Investments is 18.0%.
     
(9)
  The Fund may pledge up to 100% of its eligible investments in the Portfolio of Investments as collateral for Borrowings. As of September 30, 2010, investments with a value of $88,097,682 have been pledged as collateral for Borrowings.
     
N/A
  Not applicable.
     
ADR
  American Depositary Receipt.
     
CORTS
  Corporate Backed Trust Securities.
     
144A
  Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

 

Item 2. Controls and Procedures.
  a.   The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
 
  b.   There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 3. Exhibits.
File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.

 

 

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Nuveen Tax-Advantaged Dividend Growth Fund
         
     
By (Signature and Title)  /s/ Kevin J. McCarthy    
  Kevin J. McCarthy  
  Vice President and Secretary   
 
Date November 29, 2010
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
         
     
By (Signature and Title)  /s/ Gifford R. Zimmerman    
  Gifford R. Zimmerman   
  Chief Administrative Officer (principal executive officer)   
 
Date November 29, 2010
         
     
By (Signature and Title)  /s/ Stephen D. Foy    
  Stephen D. Foy   
  Vice President and Controller (principal financial officer)   
 
Date November 29, 2010