Nuveen Insured New York Tax-Free Advantage Municipal Fund operates as a closed-end management investment company. It primarily invests in a diversified portfolio of municipal obligations issued by state and local government authorities within the state of New York or certain territories in the United States. The fund's portfolio comprises investments in consumer staples, education and civic organizations, healthcare, long-term care, transportation, utilities, and water and sewer sectors. Nuveen Asset Management serves as the investment advisor of the fund. Nuveen Insured New York Tax-Free Advantage Municipal Fund was formed in 2002 and is based in Chicago, Illinois.
