Nuveen Insured Massachusetts Tax Free Advantage Municipal Fund operates as a closed-end management investment company. Its investment portfolio comprises diversified municipal obligations issued by state and local government authorities. The fund primarily invests in the securities of limited tax obligation and general tax obligation, as well as in the water and sewer, education and civic, utilities, healthcare, transportation, consumer staples, industrials, materials, and consumer discretionary sectors. Nuveen Asset Management serves as an investment advisor of the trust. Nuveen Insured Massachusetts Tax Free Advantage Municipal Fund is based in Chicago, Illinois.