Nuveen Premium Income Muni:NPI

    Overview

    As of 8/1/2014

     Share
    Price
    NAVPremium/
    Discount
    Current$13.34$14.93-10.65%
    52 Wk Avg$12.88$14.21-9.33%
    52 Wk High$13.74$15.03-6.52%
    52 Wk Low$11.85$13.28-13.12%
    Regular Distribution TypeIncome Only
    Distribution Rate6.45%
    Distribution Amount$0.0720
    Distribution FrequencyMonthly
    Taxable Equivalent Yield†9.93%
    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 8/1/2014

    Total Net Assets:$1,363.479M
    Total Common Assets:$956.633M
    Common Shares Outstanding:64,060,043
    Leverage

    As of 6/30/2014

    Preferred Share Assets: $407.000M
    Type of Preferred: Variable Rate MuniFund Term Pref
    Total Debt (USD):
    Structural Leverage (USD): $407.000M
    Structural Leverage (%): 29.78%
    Effective Leverage (USD): $558.000M
    Effective Leverage (%): 36.78%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 10/31/2013

      Per Common Share
    Management Fees0.92%
    Other Expenses:0.06%
    Baseline Expense: 0.98%
    Interest Expense:0.72%
    Total: 1.70%

    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 8/1/2014

    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
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2014
    $0.0669
    Annualized Distribution Rate on NAV:
    As of 8/1/2014
    5.79%
    Total Return on NAV (12 months):
    As of 8/1/2014
    14.55%
    Avg. UNII Per Share:
    As of 6/30/2014
    $0.0658
    Avg. Portfolio Coupon:
    As of 8/1/2014
    4.42%
    Total % Portfolio Effectively Leveraged:
    As of 8/1/2014
    36.78%

    Pricing Information

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

    As of 8/1/2014

    PeriodAvg Discount
    6 Month-9.00%
    1 Year-9.33%
    3 Year-5.05%
    5 Year-4.19%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/1/2014
    Category: National Municipal Leveraged Non-Insured

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD12.38%12.74%13.55%13.24%
    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%8.60%11.34%
    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%  
    1994-15.03%-5.76%  
    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 8/1/2014
    Category: National Municipal Leveraged Non-Insured

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    AMT:
    As of 5/30/2014
    3.46%
    Average Coupon:
    As of 8/1/2014
    4.42%
    Number of Holdings:
    As of 5/31/2014
    346
    Annual Portfolio Turnover:
    As of 10/31/2013
    18.00%
    Pre-Refunded:
    As of 6/30/2014
    4.85%
    Average Bond Price:
    As of 6/30/2014
    $93.43
    Average Priced To Date:
    As of 6/30/2014
    2022
    Asset Allocation

    As of 6/30/2014 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2014 reported by Fund Sponsor

    Sector%Portfolio
    Transportation 20.00%
    Tax Obligation/Limited 17.30%
    Health Care 15.83%
    Tax Obligation/General 9.41%
    Water and Sewer 8.23%
    Education and Civic Organ7.37%
    US Guaranteed 6.64%
    Consumer Staples 4.26%
    Utilities 4.00%
    Net Other Assets 3.03%
    Call Exposure

    As of 6/30/2014 reported by Fund Sponsor

    State Allocation

    As of 6/30/2014 reported by Fund Sponsor

    State% Portfolio
    California13.71%
    Texas9.80%
    New York9.60%
    Illinois8.81%
    Florida7.23%
    Ohio3.31%
    Pennsylvania2.75%
    New Jersey2.62%
    Washington2.44%
    Louisiana2.31%
    Top Holdings

    As of 5/31/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Energysolutions, Llc, Term Loan$22.70M1.49%
    Miami-Dade Cnty Fla Expwy Auth 4.5% 4.50 01 Jul 2033$20.35M1.34%
    Texas St Tpk Auth 15 Aug 2024$17.47M1.15%
    Pomona Calif Singlefamily Mtg Singl 7.6% 7.60 01 May 2023$17.27M1.14%
    San Joaquin Hills Calif Transn Rev Ref B 15 Jan 2034$16.40M1.08%
    Los Angeles Calif Dept Wtr & P Rev Bd 5% 5.00 01 Jul 2041$16.35M1.07%
    Tampa-Hillsborough Cnty Fla Ex Ref Re 5% 5.00 01 Jul 2042$15.65M1.03%
    St Paul Minn Hsg & Redev Auth 7.1% 7.10 01 Nov 2023$14.44M0.95%
    Cook Cnty Ill Go Ref Bd 5.25% 5.25 15 Nov 2033$14.42M0.95%
    Cohasset Minn Pollutn Ctl Rev Rev 4.95% 4.95 01 Jul 2022$13.71M0.90%
    Fayetteville N C St Univ Rev Gen 5.125% 5.13 01 Apr 2043$13.21M0.87%
    Credit Quality

    As of 6/30/2014 reported by Fund Sponsor

    Maturity Breakdown

    As of 6/30/2014 reported by Fund Sponsor

    Country Allocation

    As of 1/31/2012 reported by Fund Sponsor

    Country% Portfolio
    USA 99.00%

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