nq2.htm



 
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 811-09465
 
Nuveen Connecticut Dividend Advantage Municipal Fund
(Exact name of registrant as specified in charter)
 
Nuveen Investments
        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:            5/31          
 
Date of reporting period:         2/29/12         
 
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
 

           
   
Portfolio of Investments (Unaudited) 
     
   
Nuveen Connecticut Dividend Advantage Municipal Fund (NFC) 
     
   
February 29, 2012 
     
Principal 
   
Optional Call 
   
Amount (000) 
 
Description (1) 
Provisions (2) 
Ratings (3) 
Value 
   
Education and Civic Organizations – 40.3% (25.4% of Total Investments) 
     
$    300 
 
Connecticut Health and Education Facilities Authority, Revenue Bonds, Connecticut College, 
7/21 at 100.00 
A2 
$    329,178 
   
Series 2011H, 5.000%, 7/01/41 
     
250 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Canterbury School, 
7/16 at 100.00 
N/R 
252,115 
   
Series 2006B, 5.000%, 7/01/36 – RAAI Insured 
     
150 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Chase Collegiate 
7/17 at 100.00 
N/R 
154,881 
   
School, Series 2007A, 5.000%, 7/01/27 – RAAI Insured 
     
500 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Fairfield University, 
7/20 at 100.00 
A– 
543,070 
   
Series 2010-O, 5.000%, 7/01/40 
     
440 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Loomis Chaffee School, 
No Opt. Call 
A2 
531,714 
   
Series 2005F, 5.250%, 7/01/18 – AMBAC Insured 
     
795 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University, 
7/17 at 100.00 
A– 
868,561 
   
Series 2007-I, 5.000%, 7/01/25 – NPFG Insured 
     
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Renbrook School, 
     
   
Series 2007A: 
     
85 
 
5.000%, 7/01/30 – AMBAC Insured 
7/17 at 100.00 
N/R 
89,735 
130 
 
5.000%, 7/01/37 – AMBAC Insured 
7/17 at 100.00 
N/R 
134,011 
600 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Sacred Heart 
7/21 at 100.00 
BBB 
657,438 
   
University, Series 2011G, 5.625%, 7/01/41 
     
550 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Sacred Heart 
7/22 at 100.00 
AA– 
605,226 
   
University, Series 2012H, 5.000%, 7/01/28 – AGM Insured 
     
225 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, The Loomis Chaffee 
7/21 at 100.00 
Aa3 
258,836 
   
School Issue, Series 2011-I, 5.000%, 7/01/24 – AGM Insured 
     
350 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Trinity College, 
7/14 at 100.00 
A+ 
383,177 
   
Series 2004H, 5.000%, 7/01/17 – NPFG Insured 
     
1,000 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, University of 
7/12 at 101.00 
BBB– 
1,011,480 
   
Hartford, Series 2002E, 5.250%, 7/01/32 – RAAI Insured 
     
500 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, University of 
7/16 at 100.00 
BBB– 
506,145 
   
Hartford, Series 2006G, 5.250%, 7/01/36 – RAAI Insured 
     
1,600 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Wesleyan University, 
7/20 at 100.00 
AA 
1,793,712 
   
Series 2010G, 5.000%, 7/01/35 
     
500 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, 
7/13 at 100.00 
AAA 
523,545 
   
Series 2003X-1, 5.000%, 7/01/42 (UB) 
     
1,800 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, 
7/16 at 100.00 
AAA 
1,975,338 
   
Series 2007Z-1, 5.000%, 7/01/42 (UB) 
     
3,050 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, 
7/17 at 100.00 
AAA 
3,364,455 
   
Series 2007Z-3, 5.050%, 7/01/42 (UB) (4) 
     
   
Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing 
     
   
Authority, Higher Education Revenue Bonds, Ana G. Mendez University System, Series 1999: 
     
105 
 
5.375%, 2/01/19 
8/12 at 100.00 
BBB– 
105,066 
270 
 
5.375%, 2/01/29 
8/12 at 100.00 
BBB– 
266,593 
485 
 
University of Connecticut, General Obligation Bonds, Series 2006A, 5.000%, 2/15/23 – 
2/16 at 100.00 
AA 
552,512 
   
FGIC Insured 
     
1,070 
 
University of Connecticut, General Obligation Bonds, Series 2010A, 5.000%, 2/15/28 
2/20 at 100.00 
AA 
1,255,688 
115 
 
University of Connecticut, Student Fee Revenue Bonds, Refunding Series 2010A, 5.000%, 11/15/27 
11/19 at 100.00 
Aa2 
134,309 
14,870 
 
Total Education and Civic Organizations 
   
16,296,785 
   
Health Care – 33.9% (21.5% of Total Investments) 
     
1,400 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Bristol Hospital, 
7/12 at 101.00 
N/R 
1,407,196 
   
Series 2002B, 5.500%, 7/01/32 – RAAI Insured 
     
840 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Eastern Connecticut 
7/15 at 100.00 
N/R 
846,098 
   
Health Network, Series 2005, 5.000%, 7/01/25 – RAAI Insured 
     
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Griffin Hospital, 
     
   
Series 2005B: 
     
500 
 
5.000%, 7/01/20 – RAAI Insured 
7/15 at 100.00 
N/R 
518,780 
250 
 
5.000%, 7/01/23 – RAAI Insured 
7/15 at 100.00 
N/R 
255,610 
1,195 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford Healthcare, 
7/21 at 100.00 
A
1,255,431 
   
Series 2011A, 5.000%, 7/01/41 
     
200 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hospital For Special 
7/17 at 100.00 
BBB– 
203,756 
   
Care, Series 2007C, 5.250%, 7/01/32 – RAAI Insured 
     
400 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Lawrence and Memorial 
7/21 at 100.00 
A+ 
424,328 
   
Hospitals, Series 2011F, 5.000%, 7/01/36 
     
60 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital, 
7/16 at 100.00 
Aa3 
62,620 
   
Series 2006, 5.000%, 7/01/32 – AGM Insured 
     
500 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital, 
7/21 at 100.00 
A2 
555,495 
   
Series 2011N, 5.000%, 7/01/25 
     
240 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital, 
7/20 at 100.00 
A
259,783 
   
Series 2010-I, 5.000%, 7/01/30 
     
620 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Western Connecticut 
7/21 at 100.00 
A
676,513 
   
Health, Series 2011M, 5.375%, 7/01/41 
     
1,000 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Western Connecticut 
7/21 at 100.00 
A
1,083,320 
   
Health, Series 2011N, 5.000%, 7/01/29 
     
775 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, William W. Backus 
7/18 at 100.00 
AA– 
829,397 
   
Hospital, Series 2005F, 5.125%, 7/01/35 – AGM Insured 
     
1,870 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven 
7/16 at 100.00 
Aa3 
1,994,729 
   
Hospital, Series 2006J-1, 5.000%, 7/01/31 – AMBAC Insured 
     
225 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven 
7/20 at 100.00 
Aa3 
252,533 
   
Hospital, Series 2010M, 5.500%, 7/01/40 
     
1,000 
 
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Ascension Health 
11/19 at 100.00 
AA+ 
1,075,000 
   
Series 2010A, 5.000%, 11/15/40 
     
175 
 
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Catholic Health East 
11/20 at 100.00 
A
191,088 
   
Series 2010, 4.750%, 11/15/29 
     
1,600 
 
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue 
2/21 at 100.00 
Aa2 
1,806,864 
   
Bonds, Unity Hospital of Rochestor Project, Series 2010, 5.500%, 8/15/40 
     
12,850 
 
Total Health Care 
   
13,698,541 
   
Housing/Multifamily – 1.2% (0.8% of Total Investments) 
     
480 
 
Connecticut Housing Finance Authority, Multifamily Housing Mortgage Finance Program Bonds, 
11/15 at 100.00 
AAA 
488,371 
   
Series 2006G-2, 4.800%, 11/15/27 (Alternative Minimum Tax) 
     
   
Housing/Single Family – 8.9% (5.7% of Total Investments) 
     
   
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2001C: 
     
1,000 
 
5.300%, 11/15/33 (Alternative Minimum Tax) 
5/12 at 100.00 
AAA 
1,000,590 
250 
 
5.450%, 11/15/43 (Alternative Minimum Tax) 
5/12 at 100.00 
AAA 
250,138 
800 
 
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2004-A5, 
5/13 at 100.00 
AAA 
810,960 
   
5.050%, 11/15/34 
     
685 
 
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2006D, 
5/16 at 100.00 
AAA 
710,126 
   
4.650%, 11/15/27 
     
800 
 
Connecticut Housing Finance Authority, Single Family Housing Mortgage Finance Program Bonds, 
11/19 at 100.00 
AAA 
833,496 
   
Series 2010-A2, 4.750%, 11/15/35 
     
3,535 
 
Total Housing/Single Family 
   
3,605,310 
   
Long-Term Care – 2.2% (1.4% of Total Investments) 
     
300 
 
Connecticut Development Authority, First Mortgage Gross Revenue Healthcare Bonds, Elim Park 
12/13 at 100.00 
BBB 
306,396 
   
Baptist Home Inc., Series 2003, 5.750%, 12/01/23 
     
195 
 
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Village for Families 
7/12 at 101.00 
N/R 
195,474 
   
and Children Inc., Series 2002A, 5.000%, 7/01/32 – AMBAC Insured 
     
250 
 
Connecticut State Development Authority, Health Facilities Revenue Bonds, Alzheimer’s Resource 
8/17 at 100.00 
N/R 
253,758 
   
Center of Connecticut, Inc., Series 2007, 5.500%, 8/15/27 
     
105 
 
Hamden, Connecticut, Facility Revenue Bonds, Whitney Center Project, Series 2009A, 
1/20 at 100.00 
N/R 
111,557 
   
7.625%, 1/01/30 
     
850 
 
Total Long-Term Care 
   
867,185 
   
Tax Obligation/General – 16.1% (10.2% of Total Investments) 
     
560 
 
Connecticut State, General Obligation Bonds, Series 2004C, 5.000%, 4/01/23 – FGIC Insured 
4/14 at 100.00 
AA 
607,645 
700 
 
Connecticut State, General Obligation Bonds, Series 2006A, 4.750%, 12/15/24 
12/16 at 100.00 
AA 
811,356 
100 
 
Connecticut State, General Obligation Bonds, Series 2006C, 5.000%, 6/01/23 – AGM Insured 
6/16 at 100.00 
AA 
116,006 
1,000 
 
Connecticut State, General Obligation Bonds, Series 2011D, 5.000%, 11/01/31 
11/21 at 100.00 
AA 
1,177,360 
   
Hartford, Connecticut, General Obligation Bonds, Series 2005A: 
     
360 
 
5.000%, 8/01/21 – AGM Insured 
8/15 at 100.00 
AA– 
407,779 
240 
 
4.375%, 8/01/24 – AGM Insured 
8/15 at 100.00 
AA– 
253,502 
600 
 
Hartford, Connecticut, General Obligation Bonds, Series 2009A, 5.000%, 8/15/28 – AGC Insured 
8/19 at 100.00 
AA– 
682,476 
400 
 
North Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 7/15/24 
No Opt. Call 
Aa1 
521,480 
965 
 
Oregon State, General Obligation Bonds, Oregon University System Projects, Series 2011G, 
8/21 at 100.00 
AA+ 
1,108,274 
   
5.000%, 8/01/36 
     
   
Suffield, Connecticut, General Obligation Bonds, Series 2005: 
     
335 
 
5.000%, 6/15/17 
No Opt. Call 
AA+ 
408,744 
335 
 
5.000%, 6/15/19 
No Opt. Call 
AA+ 
420,217 
5,595 
 
Total Tax Obligation/General 
   
6,514,839 
   
Tax Obligation/Limited – 27.0% (17.1% of Total Investments) 
     
   
Connecticut Health and Educational Facilities Authority, Child Care Facilities Program Revenue 
     
   
Bonds, Series 2006F: 
     
650 
 
5.000%, 7/01/31 – AGC Insured 
7/16 at 100.00 
AA– 
690,651 
500 
 
5.000%, 7/01/36 – AGC Insured 
7/16 at 100.00 
AA– 
526,530 
   
Connecticut, Certificates of Participation, Juvenile Training School, Series 2001: 
     
600 
 
5.000%, 12/15/20 
12/13 at 100.00 
AA– 
608,118 
1,000 
 
5.000%, 12/15/30 
12/13 at 100.00 
AA– 
1,011,450 
1,475 
 
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 1998B, 
No Opt. Call 
AA 
1,527,908 
   
5.500%, 11/01/12 – AGM Insured 
     
900 
 
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Revenue Bonds, 
8/17 at 100.00 
AA 
1,013,850 
   
Series 2007A, 5.000%, 8/01/27 – AMBAC Insured 
     
500 
 
Harbor Point Infrastructure Improvement District, Connecticut, Special Obligation Revenue 
4/20 at 100.00 
N/R 
556,740 
   
Bonds, Harbor Point Project, Series 2010A, 7.875%, 4/01/39 
     
600 
 
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N, 5.250%, 
No Opt. Call 
Baa1 
653,196 
   
7/01/31 – AMBAC Insured 
     
470 
 
Puerto Rico Infrastructure Financing Authority, Special Tax Revenue Bonds, Series 2005A, 
No Opt. Call 
BBB+ 
142,654 
   
0.000%, 7/01/32 – FGIC Insured 
     
1,200 
 
Puerto Rico Municipal Finance Agency, Series 2005C, 5.000%, 8/01/16 – AGM Insured 
8/15 at 100.00 
AA– 
1,317,564 
1,000 
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series 
2/20 at 100.00 
A+ 
1,082,310 
   
2010A, 5.375%, 8/01/39 
     
325 
 
Stamford, Connecticut, Special Obligation Revenue Bonds, Mill River Corridor Project, Series 
4/21 at 100.00 
N/R 
336,898 
   
2011aA, 7.000%, 4/01/41 
     
685 
 
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 1999A, 6.375%, 
4/12 at 100.00 
BBB+ 
686,856 
   
10/01/19 
     
710 
 
Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Senior Lien 
10/20 at 100.00 
BBB 
748,745 
   
Series 2010A, 5.000%, 10/01/29 
     
10,615 
 
Total Tax Obligation/Limited 
   
10,903,470 
   
U.S. Guaranteed – 10.4% (6.6% of Total Investments) (5) 
     
475 
 
Connecticut Higher Education Supplemental Loan Authority, Revenue Bonds, Family Education Loan 
5/12 at 100.00 
Aa3 (5) 
475,922 
   
Program, Series 2001A, 5.250%, 11/15/18 (Pre-refunded 5/15/12) – NPFG Insured (Alternative 
     
   
Minimum Tax) 
     
500 
 
Connecticut, General Obligation Bonds, Series 2002B, 5.500%, 6/15/21 (Pre-refunded 6/15/12) 
6/12 at 100.00 
AA (5) 
507,925 
1,185 
 
Connecticut, State Revolving Fund General Revenue Bonds, Series 2003A, 5.000%, 10/01/16 
10/13 at 100.00 
AAA 
1,273,899 
   
(Pre-refunded 10/01/13) 
     
1,000 
 
Waterbury, Connecticut, General Obligation Special Capital Reserve Fund Bonds, Series 2002A, 
4/12 at 100.00 
AA (5) 
1,004,640 
   
5.375%, 4/01/17 (Pre-refunded 4/01/12) – AGM Insured 
     
810 
 
West Hartford, Connecticut, General Obligation Bonds, Series 2005B, 5.000%, 10/01/18 
10/15 at 100.00 
AAA 
936,822 
   
(Pre-refunded 10/01/15) 
     
3,970 
 
Total U.S. Guaranteed 
   
4,199,208 
   
Utilities – 4.8% (3.0% of Total Investments) 
     
560 
 
Connecticut Development Authority, Solid Waste Disposal Facilities Revenue Bonds, PSEG Power 
11/12 at 100.00 
Baa1 
563,287 
   
LLC Project, Series 2007A, 5.750%, 11/01/37 (Alternative Minimum Tax) 
     
1,000 
 
Connecticut Resource Recovery Authority, Revenue Bonds, American Ref-Fuel Company of 
6/12 at 102.00 
Ba1 
1,008,450 
   
Southeastern Connecticut LP, Series 1998A-I, 5.500%, 11/15/15 (Alternative Minimum Tax) 
     
370 
 
Eastern Connecticut Resource Recovery Authority, Solid Waste Revenue Bonds, Wheelabrator 
7/12 at 100.00 
BBB 
371,177 
   
Lisbon Project, Series 1993A, 5.500%, 1/01/14 (Alternative Minimum Tax) 
     
1,930 
 
Total Utilities 
   
1,942,914 
   
Water and Sewer – 13.1% (8.3% of Total Investments) 
     
255 
 
Connecticut Development Authority, Water Facility Revenue Bonds, Aquarion Water Company 
9/17 at 100.00 
N/R 
257,496 
   
Project, Series 2007, 5.100%, 9/01/37 – SYNCORA GTY Insured (Alternative Minimum Tax) 
     
   
Greater New Haven Water Pollution Control Authority, Connecticut, Regional Wastewater System 
     
   
Revenue Bonds, Series 2005A: 
     
720 
 
5.000%, 11/15/30 – NPFG Insured 
11/15 at 100.00 
A1 
761,227 
1,110 
 
5.000%, 8/15/35 – NPFG Insured 
11/15 at 100.00 
A1 
1,159,739 
140 
 
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2005, 
7/15 at 100.00 
Ba2 
143,252 
   
6.000%, 7/01/25 
     
375 
 
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2010, 
7/20 at 100.00 
Ba2 
376,579 
   
5.625%, 7/01/40 
     
500 
 
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A, 
7/18 at 100.00 
Baa2 
539,355 
   
6.000%, 7/01/38 
     
   
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, Eighteenth 
     
   
Series 2003A: 
     
750 
 
5.000%, 8/01/20 – NPFG Insured 
8/13 at 100.00 
Aa3 
780,533 
470 
 
5.000%, 8/01/33 – NPFG Insured 
8/13 at 100.00 
Aa3 
480,570 
700 
 
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, 
8/21 at 100.00 
Aa3 
777,991 
   
Twentieth-Sixth Series, 2011, 5.000%, 8/01/41 
     
5,020 
 
Total Water and Sewer 
   
5,276,742 
$    59,715 
 
Total Investments (cost $60,145,967) – 157.9% 
   
63,793,365 
   
Floating Rate Obligations – (9.5)% 
   
(3,820,000) 
   
MuniFund Term Preferred Shares, at Liquidation Value – (50.7)% (6) 
   
(20,470,000) 
   
Other Assets Less Liabilities – 2.3% 
   
892,772 
   
Net Assets Applicable to Common Shares – 100% 
   
$    40,396,137 
 
 
 
 
 

 
Fair Value Measurements
 
Fair value is defined as the price that the Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is 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 February 29, 2012:
 
 
                         
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Investments: 
                       
Municipal Bonds 
  $     $ 63,793,365     $     $ 63,793,365  
 
During the period ended February 29, 2012, the Fund recognized no significant transfers to or from Level 1, Level 2 or Level 3.
 
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 timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. 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 February 29, 2012, the cost of investments was $56,335,274.
       
Gross unrealized appreciation and gross unrealized depreciation of investments at February 29, 2012, 
     
were as follows: 
     
       
Gross unrealized: 
     
Appreciation 
  $ 3,768,290  
Depreciation 
    (131,800 ) 
Net unrealized appreciation (depreciation) of investments 
  $ 3,636,490  
 
     
(1) 
 
All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares 
   
unless otherwise noted. 
(2) 
 
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There 
   
may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be 
   
subject to periodic principal paydowns. 
(3) 
 
Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors 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. 
(4) 
 
Investment, or portion of investment, has been pledged to collateralize the net payment obligations for 
   
investments in inverse floating rate transactions. 
(5) 
 
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, 
   
which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or 
   
agency securities are regarded as having an implied rating equal to the rating of such securities. 
(6) 
 
MuniFund Term Preferred Shares, at Liquidation Value as a percentage of Total Investments 32.1%. 
N/R 
 
Not rated. 
(UB) 
 
Underlying bond of an inverse floating rate trust reflected as a financing transaction. 
 

 
 
 

 
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: See 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 Connecticut Dividend Advantage Municipal Fund 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date         April 27, 2012        
 
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         April 27, 2012        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date         April 27, 2012