Nuveen Premium Income Muni:NPI

    Overview

    As of 8/4/2015

     Share
    Price
    NAVPremium/
    Discount
    Current$13.29$15.21-12.62%
    52 Wk Avg$13.64$15.38-11.35%
    52 Wk High$14.48$16.02-9.35%
    52 Wk Low$13.01$14.94-13.55%
    Regular Distribution TypeIncome Only
    Distribution Rate6.18%
    Distribution Amount$0.0685
    Distribution FrequencyMonthly
    Taxable Equivalent Yield9.50%
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks current income exempt from regular federal income tax, consistent with the preservation of capital.

    Capital Structure

    As of 8/4/2015

    Total Net Assets:$1,382.133M
    Total Common Assets:$974.354M
    Common Shares Outstanding:64,060,043
    Leverage

    As of 6/30/2015

    Preferred Share Assets: $407.000M
    Type of Preferred: Variable Rate MuniFund Term Pref
    Total Debt (USD):
    Structural Leverage (USD): $407.000M
    Structural Leverage (%): 29.66%
    Effective Leverage (USD): $562.000M
    Effective Leverage (%): 36.80%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 10/31/2014

      Per Common Share
    Management Fees0.92%
    Other Expenses:0.07%
    Baseline Expense: 1.00%
    Interest Expense:0.57%
    Total: 1.57%

    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors

    Portfolio Managers
    Paul Brennan (01 Jan 2007)

    Basics
    Category:Tax-Free Income-National
    Ticker:NPI
    NAV Ticker:XNPIX
    Average Daily Volume (shares):
    Average Daily Volume (USD): 
    Inception Date:7/18/1988
    Inception Share Price:$15.00
    Inception NAV:$14.05
    Tender Offer:No
    Term:No
    Fiscal Year End:October 31
    Third Party Links & Reports

    Distributions

    As of 8/4/2015

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2015
    $0.0667
    Annualized Distribution Rate on NAV:
    As of 8/4/2015
    5.40%
    Total Return on NAV (12 months):
    As of 8/4/2015
    7.49%
    Avg. UNII Per Share:
    As of 6/30/2015
    $0.0348
    Avg. Portfolio Coupon:
    As of 8/4/2015
    4.38%
    Total % Portfolio Effectively Leveraged:
    As of 8/4/2015
    36.80%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 8/4/2015

    PeriodAvg Discount
    6 Month-11.65%
    1 Year-11.35%
    3 Year-8.02%
    5 Year-5.74%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/4/2015
    Category: National Municipal Leveraged Non-Insured

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-0.68%0.71%0.81%0.91%
    201419.86%20.42%18.58%19.49%
    2013-12.07%-5.76%-13.61%-7.67%
    20129.97%13.80%12.10%15.12%
    201121.05%16.44%20.42%17.96%
    20104.06%2.25%4.70%2.59%
    200936.95%26.19%43.77%32.06%
    2008-17.77%-16.06%-22.21%-20.53%
    2007-1.99%0.28%-6.59%-0.34%
    20067.02%6.46%10.62%6.92%
    20057.63%5.11%9.82%5.96%
    20042.01%6.69%4.00%6.85%
    200310.81%7.06%10.26%8.34%
    20029.19%9.45%  
    200112.35%4.54%  
    200015.75%18.45%  
    1999-15.38%-9.43%  
    19989.23%6.95%  
    199714.95%9.67%  
    19961.65%4.51%  
    199520.39%17.70%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/4/2015
    Category: National Municipal Leveraged Non-Insured

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    AMT:
    As of 5/31/2015
    4.13%
    Average Coupon:
    As of 8/4/2015
    4.38%
    Average Maturity:
    As of 6/30/2015
    23.22 yrs
    Number of Holdings:
    As of 5/31/2015
    343
    Annual Portfolio Turnover:
    As of 10/31/2014
    15.00%
    Pre-Refunded:
    As of 6/30/2015
    7.82%
    Average Bond Price:
    As of 6/30/2015
    $98.62
    Average Priced To Date:
    As of 6/30/2015
    2023
    Asset Allocation

    As of 6/30/2015 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2015 reported by Fund Sponsor

    Sector%Portfolio
    Transportation 21.88%
    Health Care 18.73%
    Tax Obligation/Limited 13.38%
    Tax Obligation/General 9.93%
    Education and Civic Organ8.53%
    US Guaranteed 8.18%
    Water and Sewer 7.34%
    Utilities 5.11%
    Consumer Staples 3.16%
    Industrials 1.50%
    Call Exposure

    As of 6/30/2015 reported by Fund Sponsor

    State Allocation

    As of 6/30/2015 reported by Fund Sponsor

    State% Portfolio
    California15.11%
    Texas14.24%
    Illinois7.99%
    Florida7.30%
    New York6.97%
    Ohio3.70%
    Massachusetts3.29%
    Nevada2.92%
    Washington2.85%
    Louisiana2.82%
    Top Holdings

    As of 5/31/2015 reported by Fund Sponsor

    HoldingValue% Portfolio
    San Joaquin Hills Calif Transn Sr Lie 5% 5.00 15 Jan 2050$32.83M2.15%
    Clark Cnty Nev Arpt Rev Subordina 5.75% 5.75 01 Jul 2042$25.12M1.64%
    Miami-Dade Cnty Fla Expwy Auth 4.5% 4.50 01 Jul 2033$20.38M1.33%
    Los Angeles Calif Dept Wtr & P Rev Bd 5% 5.00 01 Jul 2041$16.57M1.08%
    Tampa-Hillsborough Cnty Fla Ex Ref Re 5% 5.00 01 Jul 2042$16.07M1.05%
    Texas St Tpk Auth 15 Aug 2024$15.62M1.02%
    Pomona Calif Singlefamily Mtg Singl 7.6% 0.16 01 May 2023$15.36M1.01%
    Cook Cnty Ill Go Ref Bd 5.25% 5.25 15 Nov 2033$14.37M0.94%
    Massachusetts St Wtr Pollutn A Po 4.375% 0.01 01 Aug 2036$13.61M0.89%
    Fayetteville N C St Univ Rev Gen 5.125% 5.13 01 Apr 2043$13.30M0.87%
    South Carolina St Pub Svcs Aut Santee 5% 5.00 01 Dec 2046$13.05M0.85%
    Credit Quality

    As of 6/30/2015 reported by Fund Sponsor

    Maturity Breakdown

    As of 6/30/2015 reported by Fund Sponsor

    Country Allocation

    As of 1/31/2012 reported by Fund Sponsor

    Country% Portfolio
    USA 99.00%

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    NOTES:

    Distribution type sourced from Morningstar. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    Taxable equivalent yield represents the yield you would need to earn on a taxable investment in order to equal the federal tax-free yield on a municipal investment. The yield shown is based on the current market yield and a federal tax rate of 35%. At the present time, no state tax rate is assumed for this calculation.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    Data provided by MorningstarData Provided by Morningstar