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 811-7606
 
Nuveen Connecticut Premium Income 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:         8/31/12         
 
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 Premium Income Municipal Fund (NTC)
      
   
August 31, 2012
      
           
Principal
    
Optional Call
    
Amount (000)
  
Description (1)
Provisions (2)
Ratings (3)
Value
   
Consumer Staples – 1.7% (1.1% of Total Investments)
      
 $       3,890
  
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
11/12 at 100.00
BBB+
$     3,889,922
   
Series 2002, 5.375%, 5/15/33
      
   
Education and Civic Organizations – 34.9% (22.9% of Total Investments)
      
1,150
  
Connecticut Health and Education Facilities Authority, Revenue Bonds, Connecticut College,
7/21 at 100.00
A2
1,294,475
   
Series 2011H, 5.000%, 7/01/41
      
1,300
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Canterbury School,
7/16 at 100.00
N/R
1,324,401
   
Series 2006B, 5.000%, 7/01/36 – RAAI Insured
      
840
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Chase Collegiate
7/17 at 100.00
N/R
872,794
   
School, Series 2007A, 5.000%, 7/01/27 – RAAI Insured
      
1,000
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Connecticut College,
7/17 at 100.00
A2
1,041,130
   
Series 2007G, 4.500%, 7/01/37 – NPFG Insured
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Fairfield University,
      
   
Series 2010-O:
      
800
  
5.000%, 7/01/35
7/20 at 100.00
A–
884,152
2,000
  
5.000%, 7/01/40
7/20 at 100.00
A–
2,201,740
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Loomis Chaffee School,
      
   
Series 2005F:
      
440
  
5.250%, 7/01/18 – AMBAC Insured
No Opt. Call
A2
531,137
1,510
  
5.250%, 7/01/19 – AMBAC Insured
No Opt. Call
A2
1,846,775
2,000
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University,
7/16 at 100.00
A–
2,115,120
   
Series 2006H, 5.000%, 7/01/36 – AMBAC Insured
      
4,405
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University,
7/17 at 100.00
A–
4,830,699
   
Series 2007-I, 5.000%, 7/01/25 – NPFG Insured
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Sacred Heart
      
   
University, Series 2011G:
      
250
  
5.125%, 7/01/26
7/21 at 100.00
BBB
276,823
3,260
  
5.625%, 7/01/41
7/21 at 100.00
BBB
3,657,198
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Sacred Heart
      
   
University, Series 2012H:
      
1,500
  
5.000%, 7/01/26 – AGM Insured
7/22 at 100.00
AA–
1,709,205
1,000
  
5.000%, 7/01/28 – AGM Insured
7/22 at 100.00
AA–
1,130,510
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, The Loomis Chaffee
      
   
School Issue, Series 2011-I:
      
560
  
5.000%, 7/01/23 – AGM Insured
7/21 at 100.00
Aa3
658,196
225
  
5.000%, 7/01/24 – AGM Insured
7/21 at 100.00
Aa3
262,247
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Trinity College,
      
   
Series 2004H:
      
350
  
5.000%, 7/01/17 – NPFG Insured
7/14 at 100.00
A+
376,996
1,375
  
5.000%, 7/01/21 – NPFG Insured
7/14 at 100.00
A+
1,470,356
2,700
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, University of
7/16 at 100.00
BBB–
2,759,913
   
Hartford, Series 2006G, 5.250%, 7/01/36 – RAAI Insured
      
4,125
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Wesleyan University,
7/20 at 100.00
AA
4,695,405
   
Series 2010G, 5.000%, 7/01/35
      
2,500
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University,
7/13 at 100.00
AAA
2,579,875
   
Series 2003X-1, 5.000%, 7/01/42
      
17,000
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University,
7/17 at 100.00
AAA
19,588,760
   
Series 2007Z-3, Trust 1080, 5.050%, 7/01/42 (UB) (4)
      
9,950
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University,
7/16 at 100.00
AAA
11,206,685
   
Series 2009, Trust 3363, 5.000%, 7/01/42 (UB)
      
1,000
  
University of Connecticut, General Obligation Bonds, Series 2004A, 5.000%, 1/15/18 –
1/14 at 100.00
AA
1,060,350
   
NPFG Insured
      
1,220
  
University of Connecticut, General Obligation Bonds, Series 2005A, 5.000%, 2/15/17 –
2/15 at 100.00
AA
1,353,187
   
AGM Insured
      
   
University of Connecticut, General Obligation Bonds, Series 2006A:
      
1,300
  
5.000%, 2/15/19 – FGIC Insured
2/16 at 100.00
AA
1,487,824
2,150
  
5.000%, 2/15/23 – FGIC Insured
2/16 at 100.00
AA
2,427,587
2,600
  
University of Connecticut, General Obligation Bonds, Series 2010A, 5.000%, 2/15/28
2/20 at 100.00
AA
3,073,538
515
  
University of Connecticut, Student Fee Revenue Bonds, Refunding Series 2010A, 5.000%, 11/15/27
11/19 at 100.00
Aa2
603,323
   
University of Connecticut, Student Fee Revenue Refunding Bonds, Series 2002A:
      
1,000
  
5.250%, 11/15/19 – FGIC Insured
11/12 at 101.00
Aa2
1,019,670
1,000
  
5.250%, 11/15/22 – FGIC Insured
11/12 at 101.00
Aa2
1,019,780
71,025
  
Total Education and Civic Organizations
    
79,359,851
   
Health Care – 32.2% (21.1% of Total Investments)
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Bristol Hospital,
      
   
Series 2002B:
      
920
  
5.500%, 7/01/21 – RAAI Insured
7/13 at 100.50
N/R
929,770
3,000
  
5.500%, 7/01/32 – RAAI Insured
7/14 at 100.00
N/R
3,028,890
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Eastern Connecticut
      
   
Health Network, Series 2000A:
      
20
  
6.125%, 7/01/20 – RAAI Insured
11/12 at 100.00
N/R
20,038
1,710
  
6.000%, 7/01/25 – RAAI Insured
11/12 at 100.00
N/R
1,712,206
840
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Eastern Connecticut
7/15 at 100.00
N/R
849,223
   
Health Network, Series 2005, 5.000%, 7/01/25 – RAAI Insured
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Griffin Hospital,
      
   
Series 2005B:
      
890
  
5.000%, 7/01/15 – RAAI Insured
No Opt. Call
N/R
956,287
2,400
  
5.000%, 7/01/20 – RAAI Insured
7/15 at 100.00
N/R
2,486,352
1,050
  
5.000%, 7/01/23 – RAAI Insured
7/15 at 100.00
N/R
1,073,006
6,425
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford Healthcare,
7/21 at 100.00
A
6,916,191
   
Series 2011A, 5.000%, 7/01/41
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hospital For Special
      
   
Care, Series 2007C:
      
1,065
  
5.250%, 7/01/32 – RAAI Insured
7/17 at 100.00
BBB–
1,100,922
300
  
5.250%, 7/01/37 – RAAI Insured
7/17 at 100.00
BBB–
307,758
2,000
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Lawrence and Memorial
7/21 at 100.00
A+
2,199,840
   
Hospitals, Series 2011F, 5.000%, 7/01/36
      
6,000
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital,
7/16 at 100.00
Aa3
6,323,280
   
Series 2006, 5.000%, 7/01/32 – AGM Insured
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital,
      
   
Series 2011N:
      
1,105
  
5.000%, 7/01/25
7/21 at 100.00
A2
1,232,628
400
  
5.000%, 7/01/26
7/21 at 100.00
A2
445,716
500
  
5.000%, 7/01/27
7/21 at 100.00
A2
555,340
1,000
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, St. Francis Hospital
7/13 at 100.00
N/R
1,002,680
   
and Medical Center, Series 2002D, 5.000%, 7/01/22 – RAAI Insured
      
1,275
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital,
7/20 at 100.00
A
1,378,199
   
Series 2010-I, 5.000%, 7/01/30
      
7,000
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital,
7/22 at 100.00
A
7,567,070
   
Series 2012-J, 5.000%, 7/01/42
      
3,440
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Western Connecticut
7/21 at 100.00
A
3,902,508
   
Health, Series 2011M, 5.375%, 7/01/41
      
4,000
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Western Connecticut
7/21 at 100.00
A
4,396,480
   
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–
844,091
   
Hospital, Series 2005F, 5.125%, 7/01/35 – AGM Insured
      
5,760
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven
7/16 at 100.00
Aa3
6,177,254
   
Hospital, Series 2006J-1, 5.000%, 7/01/31 – AMBAC Insured
      
1,225
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven
7/20 at 100.00
Aa3
1,412,829
   
Hospital, Series 2010M, 5.500%, 7/01/40
      
4,540
  
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Ascension Health
11/19 at 100.00
AA+
4,999,039
   
Series 2010A, 5.000%, 11/15/40
      
1,000
  
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Catholic Health East
11/20 at 100.00
A+
1,106,090
   
Series 2010, 4.750%, 11/15/29
      
200
  
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Danbury Hospital,
1/16 at 100.00
A
201,684
   
Series 2006H, 4.500%, 7/01/33 – AMBAC Insured
      
8,600
  
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue
2/21 at 100.00
Aa2
9,934,462
   
Bonds, Unity Hospital of Rochestor Project, Series 2010, 5.500%, 8/15/40
      
67,440
  
Total Health Care
    
73,059,833
   
Housing/Multifamily – 1.3% (0.9% of Total Investments)
      
2,880
  
Connecticut Housing Finance Authority, Multifamily Housing Mortgage Finance Program Bonds,
11/15 at 100.00
AAA
2,977,949
   
Series 2006G-2, 4.800%, 11/15/27 (Alternative Minimum Tax)
      
   
Housing/Single Family – 7.1% (4.6% of Total Investments)
      
4,475
  
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2004-A5,
5/13 at 100.00
AAA
4,528,745
   
5.050%, 11/15/34
      
   
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2006-A1:
      
945
  
4.700%, 11/15/26 (Alternative Minimum Tax)
11/15 at 100.00
AAA
976,157
1,015
  
4.800%, 11/15/31 (Alternative Minimum Tax)
11/15 at 100.00
AAA
1,042,009
3,900
  
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2006D,
5/16 at 100.00
AAA
4,094,688
   
4.650%, 11/15/27
      
   
Connecticut Housing Finance Authority, Single Family Housing Mortgage Finance Program Bonds,
      
   
Series 2010-A2:
      
3,500
  
4.500%, 11/15/30
11/19 at 100.00
AAA
3,802,330
1,500
  
4.750%, 11/15/35
11/19 at 100.00
AAA
1,611,510
15,335
  
Total Housing/Single Family
    
16,055,439
   
Long-Term Care – 4.6% (3.0% of Total Investments)
      
1,120
  
Connecticut Development Authority, First Mortgage Gross Revenue Healthcare Bonds, Elim Park
12/13 at 100.00
BBB
1,143,912
   
Baptist Home Inc., Series 2003, 5.750%, 12/01/23
      
350
  
Connecticut Development Authority, First Mortgage Gross Revenue Refunding Healthcare Bonds,
3/13 at 100.00
BBB–
350,823
   
Connecticut Baptist Homes Inc., Series 1999, 5.500%, 9/01/15 – RAAI Insured
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Village for Families
      
   
and Children Inc., Series 2002A:
      
430
  
5.000%, 7/01/18 – AMBAC Insured
7/13 at 100.00
N/R
434,962
450
  
5.000%, 7/01/19 – AMBAC Insured
7/13 at 100.00
N/R
455,063
475
  
5.000%, 7/01/20 – AMBAC Insured
7/13 at 100.00
N/R
480,306
285
  
5.000%, 7/01/23 – AMBAC Insured
1/13 at 101.00
N/R
287,252
1,295
  
5.000%, 7/01/32 – AMBAC Insured
7/13 at 100.00
N/R
1,300,944
   
Connecticut Housing Finance Authority, Special Needs Housing Mortgage Finance Program Special
      
   
Obligation Bonds, Series 2002SNH-1:
      
1,000
  
5.000%, 6/15/22 – AMBAC Insured
6/13 at 100.00
N/R
1,031,750
1,500
  
5.000%, 6/15/32 – AMBAC Insured
6/13 at 100.00
N/R
1,534,890
1,565
  
Connecticut Housing Finance Authority, State Supported Special Obligation Bonds, Refunding
6/20 at 100.00
AA
1,769,295
   
Series 2010-16, 5.000%, 6/15/30
      
1,025
  
Connecticut State Development Authority, Health Facilities Revenue Bonds, Alzheimer’s Resource
8/17 at 100.00
N/R
1,074,692
   
Center of Connecticut, Inc., Series 2007, 5.500%, 8/15/27
      
420
  
Hamden, Connecticut, Facility Revenue Bonds, Whitney Center Project, Series 2009A,
1/20 at 100.00
N/R
466,796
   
7.625%, 1/01/30
      
9,915
  
Total Long-Term Care
    
10,330,685
   
Tax Obligation/General – 13.9% (9.1% of Total Investments)
      
4,500
  
Connecticut State, General Obligation Bonds, Series 2006A, 4.750%, 12/15/24
12/16 at 100.00
AA
5,152,185
1,800
  
Connecticut State, General Obligation Bonds, Series 2006C, 5.000%, 6/01/23 – AGM Insured
6/16 at 100.00
AA
2,066,400
2,000
  
Connecticut State, General Obligation Bonds, Series 2006E, 5.000%, 12/15/20
12/16 at 100.00
AA
2,337,400
1,000
  
Connecticut State, General Obligation Bonds, Series 2011D, 5.000%, 11/01/31
11/21 at 100.00
AA
1,190,550
   
Hartford, Connecticut, General Obligation Bonds, Series 2005A:
      
775
  
5.000%, 8/01/20 – AGM Insured
8/15 at 100.00
AA–
867,744
1,320
  
5.000%, 8/01/21 – AGM Insured
8/15 at 100.00
AA–
1,475,932
905
  
4.375%, 8/01/24 – AGM Insured
8/15 at 100.00
AA–
956,513
1,740
  
Hartford, Connecticut, General Obligation Bonds, Series 2009A, 5.000%, 8/15/28 – AGC Insured
8/19 at 100.00
AA–
1,998,755
2,150
  
New Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 11/01/17 – AMBAC Insured
11/16 at 100.00
A1
2,472,049
900
  
North Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 7/15/24
No Opt. Call
Aa1
1,179,612
3,890
  
Oregon State, General Obligation Bonds, Oregon University System Projects, Series 2011G,
8/21 at 100.00
AA+
4,576,157
   
5.000%, 8/01/36
      
1,860
  
Puerto Rico, General Obligation and Public Improvement Bonds, Series 2002A, 5.500%, 7/01/20 –
No Opt. Call
Baa1
2,069,734
   
NPFG Insured
      
1,420
  
Regional School District 16, Connecticut, General Obligation Bonds, Series 2003, 5.000%,
3/13 at 101.00
A1
1,465,582
   
3/15/16 – AMBAC Insured
      
   
Suffield, Connecticut, General Obligation Bonds, Series 2005:
      
800
  
5.000%, 6/15/17
No Opt. Call
AA+
961,136
795
  
5.000%, 6/15/19
No Opt. Call
AA+
990,324
1,400
  
5.000%, 6/15/21
No Opt. Call
AA+
1,782,200
27,255
  
Total Tax Obligation/General
    
31,542,273
   
Tax Obligation/Limited – 20.1% (13.2% of Total Investments)
      
   
Connecticut Health and Educational Facilities Authority, Child Care Facilities Program Revenue
      
   
Bonds, Series 2006F:
      
2,525
  
5.000%, 7/01/31 – AGC Insured
7/16 at 100.00
AA–
2,702,230
2,930
  
5.000%, 7/01/36 – AGC Insured
7/16 at 100.00
AA–
3,113,828
   
Connecticut, Certificates of Participation, Juvenile Training School, Series 2001:
      
600
  
5.000%, 12/15/20
12/13 at 100.00
AA–
607,296
1,000
  
5.000%, 12/15/30
12/13 at 100.00
AA–
1,006,000
20
  
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 1992B,
No Opt. Call
AA
20,000
   
6.125%, 9/01/12
      
1,475
  
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 1998B,
No Opt. Call
AA
1,488,098
   
5.500%, 11/01/12 – AGM Insured
      
5,000
  
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Revenue Bonds,
8/17 at 100.00
AA
5,758,700
   
Series 2007A, 5.000%, 8/01/27 – AMBAC Insured
      
3,000
  
Harbor Point Infrastructure Improvement District, Connecticut, Special Obligation Revenue
4/20 at 100.00
N/R
3,428,760
   
Bonds, Harbor Point Project, Series 2010A, 7.875%, 4/01/39
      
2,100
  
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N, 5.250%,
No Opt. Call
Baa1
2,249,982
   
7/01/31 – AMBAC Insured
      
   
Puerto Rico Infrastructure Financing Authority, Special Tax Revenue Bonds, Series 2005A:
      
2,640
  
0.000%, 7/01/32 – FGIC Insured
No Opt. Call
BBB+
831,785
4,735
  
0.000%, 7/01/33 – FGIC Insured
No Opt. Call
BBB+
1,375,091
2,000
  
Puerto Rico Municipal Finance Agency, Series 2002A, 5.250%, 8/01/21 – AGM Insured
11/12 at 100.00
AA–
2,004,880
4,350
  
Puerto Rico Municipal Finance Agency, Series 2005C, 5.000%, 8/01/16 – AGM Insured
8/15 at 100.00
AA–
4,761,293
   
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate
      
   
Series 2010A:
      
1,525
  
0.000%, 8/01/33
No Opt. Call
A+
492,529
5,000
  
5.500%, 8/01/37
2/20 at 100.00
A+
5,415,350
3,625
  
5.375%, 8/01/39
2/20 at 100.00
A+
3,880,780
1,725
  
Stamford, Connecticut, Special Obligation Revenue Bonds, Mill River Corridor Project, Series
4/21 at 100.00
N/R
1,840,472
   
2011A, 7.000%, 4/01/41
      
685
  
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 1999A,
10/12 at 100.00
BBB+
687,302
   
6.375%, 10/01/19
      
1,000
  
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 2003, 5.250%,
10/14 at 100.00
AA–
1,066,610
   
10/01/19 – AGM Insured
      
2,760
  
Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Senior Lien
10/20 at 100.00
BBB+
3,015,686
   
Series 2010A, 5.000%, 10/01/29
      
48,695
  
Total Tax Obligation/Limited
    
45,746,672
   
Transportation – 1.1% (0.8% of Total Investments)
      
2,365
  
New Haven, Connecticut, Revenue Refunding Bonds, Air Rights Parking Facility, Series 2002,
No Opt. Call
N/R
2,543,676
   
5.375%, 12/01/15 – AMBAC Insured
      
   
U.S. Guaranteed – 13.0% (8.5% of Total Investments) (5)
      
   
Bethel, Connecticut, General Obligation Bonds, Series 2002:
      
525
  
5.000%, 11/01/18 (Pre-refunded 11/01/12) – FGIC Insured
11/12 at 100.00
Aa2 (5)
529,153
525
  
5.000%, 11/01/19 (Pre-refunded 11/01/12) – FGIC Insured
11/12 at 100.00
Aa2 (5)
529,153
525
  
5.000%, 11/01/20 (Pre-refunded 11/01/12) – FGIC Insured
11/12 at 100.00
Aa2 (5)
529,153
525
  
5.000%, 11/01/21 (Pre-refunded 11/01/12) – FGIC Insured
11/12 at 100.00
Aa2 (5)
529,153
525
  
5.000%, 11/01/22 (Pre-refunded 11/01/12) – FGIC Insured
11/12 at 100.00
Aa2 (5)
529,153
500
  
Bridgeport, Connecticut, General Obligation Bonds, Series 2003A, 5.250%, 9/15/23 (Pre-refunded
9/13 at 100.00
AA– (5)
526,230
   
9/15/13) – AGM Insured
      
175
  
Connecticut Development Authority, Pollution Control Revenue Refunding Bonds, Western
10/12 at 100.00
A– (5)
175,823
   
Massachusetts Electric Company, Series 1993A, 5.850%, 9/01/28 (Pre-refunded 10/01/12)
      
925
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Brunswick School,
7/13 at 100.00
BBB (5)
961,667
   
Series 2003B, 5.000%, 7/01/33 (Pre-refunded 7/01/13) – NPFG Insured
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Renbrook School,
      
   
Series 2007A:
      
465
  
5.000%, 7/01/30 (Pre-refunded 7/01/17) – AMBAC Insured
7/17 at 100.00
N/R (5)
557,284
735
  
5.000%, 7/01/37 (Pre-refunded 7/01/17) – AMBAC Insured
7/17 at 100.00
N/R (5)
880,868
1,670
  
Connecticut State, General Obligation Bonds, Series 2004C, 5.000%, 4/01/23 (Pre-refunded
4/14 at 100.00
AA (5)
1,794,716
   
4/01/14) – FGIC Insured
      
   
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 2002B:
      
3,285
  
5.000%, 12/01/20 (Pre-refunded 12/01/12) – AMBAC Insured
12/12 at 100.00
AA (5)
3,324,617
2,000
  
5.000%, 12/01/21 (Pre-refunded 12/01/12) – AMBAC Insured
12/12 at 100.00
AA (5)
2,024,120
1,000
  
5.000%, 12/01/22 (Pre-refunded 12/01/12) – AMBAC Insured
12/12 at 100.00
AA (5)
1,012,060
1,000
  
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 2003B,
1/14 at 100.00
AA (5)
1,063,250
   
5.000%, 1/01/23 (Pre-refunded 1/01/14) – FGIC Insured
      
4,340
  
Connecticut, State Revolving Fund General Revenue Bonds, Series 2003A, 5.000%, 10/01/16
10/13 at 100.00
AAA
4,564,595
   
(Pre-refunded 10/01/13)
      
40
  
New Haven, Connecticut, General Obligation Bonds, Series 2002A, 5.250%, 11/01/17 – AMBAC
11/12 at 100.00
A1 (5)
40,336
   
Insured (ETM)
      
1,010
  
Puerto Rico Public Finance Corporation, Commonwealth Appropriation Bonds, Series 1998A,
No Opt. Call
Aaa
1,242,906
   
5.125%, 6/01/24 – AMBAC Insured (ETM)
      
2,545
  
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, Eighteenth
8/13 at 100.00
Aa3 (5)
2,656,624
   
Series 2003A, 5.000%, 8/01/33 (Pre-refunded 8/01/13) – NPFG Insured
      
2,200
  
University of Connecticut, General Obligation Bonds, Series 2003A, 5.125%, 2/15/21
2/13 at 100.00
AA (5)
2,249,676
   
(Pre-refunded 2/15/13) – NPFG Insured
      
   
West Hartford, Connecticut, General Obligation Bonds, Series 2005B:
      
500
  
5.000%, 10/01/17 (Pre-refunded 10/01/15)
10/15 at 100.00
AAA
569,665
2,810
  
5.000%, 10/01/18 (Pre-refunded 10/01/15)
10/15 at 100.00
AAA
3,201,517
27,825
  
Total U.S. Guaranteed
    
29,491,719
   
Utilities – 10.2% (6.7% of Total Investments)
      
2,960
  
Connecticut Development Authority, Solid Waste Disposal Facilities Revenue Bonds, PSEG Power
11/12 at 100.00
Baa1
2,965,535
   
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
12/12 at 101.00
Ba1
1,013,030
   
Southeastern Connecticut LP, Series 1998A-II, 5.500%, 11/15/15 (Alternative Minimum Tax)
      
4,750
  
Connecticut Resource Recovery Authority, Revenue Bonds, American Ref-Fuel Company of
12/12 at 101.00
Ba1
4,811,893
   
Southeastern Connecticut LP, Series 1998A-I, 5.500%, 11/15/15 (Alternative Minimum Tax)
      
   
Connecticut Transmission Municipal Electric Energy Cooperative, Transmission System Revenue
      
   
Bonds, Series 2012A:
      
655
  
5.000%, 1/01/31
1/22 at 100.00
Aa3
765,282
500
  
5.000%, 1/01/32
1/22 at 100.00
Aa3
582,410
2,830
  
5.000%, 1/01/42
1/22 at 100.00
Aa3
3,209,984
   
Eastern Connecticut Resource Recovery Authority, Solid Waste Revenue Bonds, Wheelabrator
      
   
Lisbon Project, Series 1993A:
      
885
  
5.500%, 1/01/14 (Alternative Minimum Tax)
1/13 at 100.00
BBB
888,275
250
  
5.500%, 1/01/15 (Alternative Minimum Tax)
11/12 at 100.00
BBB
250,838
2,105
  
5.500%, 1/01/20 (Alternative Minimum Tax)
1/13 at 100.00
BBB
2,113,273
   
Puerto Rico Electric Power Authority, Power Revenue Bonds, Refunding Series 2012A:
      
1,290
  
5.050%, 7/01/42
7/22 at 100.00
BBB+
1,325,656
480
  
5.000%, 7/01/42
7/22 at 100.00
BBB+
491,395
   
Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010XX:
      
3,900
  
5.750%, 7/01/36
7/20 at 100.00
BBB+
4,276,545
530
  
5.250%, 7/01/40
7/20 at 100.00
BBB+
551,523
22,135
  
Total Utilities
    
23,245,639
   
Water and Sewer – 12.4% (8.1% of Total Investments)
      
1,375
  
Connecticut Development Authority, Water Facility Revenue Bonds, Aquarion Water Company
9/17 at 100.00
N/R
1,432,489
   
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:
      
4,160
  
5.000%, 11/15/30 – NPFG Insured
11/15 at 100.00
A1
4,573,296
4,330
  
5.000%, 8/15/35 – NPFG Insured
11/15 at 100.00
A1
4,768,716
500
  
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2005,
7/15 at 100.00
Ba2
515,880
   
6.000%, 7/01/25
      
2,050
  
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2010,
7/20 at 100.00
Ba2
2,106,232
   
5.625%, 7/01/40
      
3,000
  
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A,
7/18 at 100.00
Baa2
3,197,520
   
6.000%, 7/01/38
      
4,550
  
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, Eighteenth
8/13 at 100.00
Aa3
4,726,540
   
Series 2003A, 5.000%, 8/01/20 – NPFG Insured
      
1,840
  
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, Twentieth
8/16 at 100.00
Aa3
2,040,026
   
Series, 2007A, 5.000%, 8/01/30 – NPFG Insured
      
2,870
  
South Central Connecticut Regional Water Authority, Water System Revenue Bonds,
8/21 at 100.00
Aa3
3,259,574
   
Twentieth-Sixth Series, 2011, 5.000%, 8/01/41
      
1,450
  
Stamford, Connecticut, Water Pollution Control System and Facility Revenue Bonds, Series
11/13 at 100.00
AA+
1,518,853
   
2003A, 5.000%, 11/15/32
      
26,125
  
Total Water and Sewer
    
28,139,126
$    324,885
  
Total Investments (cost $324,046,321) – 152.5%
    
346,382,784
   
Floating Rate Obligations – (8.5)%
    
(19,370,000)
   
MuniFund Term Preferred Shares, at Liquidation Value – (46.4)% (6)
    
(105,500,000)
   
Other Assets Less Liabilities – 2.4%
    
5,682,802
   
Net Assets Applicable to Common Shares – 100%
    
$ 227,195,586
 
 
 
 
 
 
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 following is a summary of the three-tiered hierarchy of valuation input levels.
 
Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3 – Prices are determined using 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 risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
 
                         
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Long-Term Investments:
                        
   Municipal Bonds
   $ —     $ 346,382,784     $ —     $ 346,382,784  
 
The Nuveen funds’ Board of Directors/Trustees is responsible for the valuation process and has delegated the oversight of the daily valuation process to the Adviser’s Valuation Committee. The Valuation Committee, pursuant to the valuation policies and procedures adopted by the Board of Directors/Trustees, is responsible for making fair value determinations, evaluating the effectiveness of the funds’ pricing policies, and reporting to the Board of Directors/Trustees. The Valuation Committee is aided in its efforts by the Adviser’s dedicated Securities Valuation Team, which is responsible for administering the daily valuation process and applying fair value methodologies as approved by the Valuation Committee. When determining the reliability of independent pricing services for investments owned by the funds, the Valuation Committee, among other things, conducts due diligence reviews of the pricing services and monitors the quality of security prices received through various testing reports conducted by the Securities Valuation Team.
 
The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer’s financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts’ research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.
 
For each portfolio security that has been fair valued pursuant to the policies adopted by the Board of Directors/Trustees, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such testing and fair valuation occurrences are reported to the Board of Directors/Trustees.
 
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 August 31, 2012, the cost of investments was $304,689,212.
 
Gross unrealized appreciation and gross unrealized depreciation of investments at August 31, 2012, were as follows:
   
Gross unrealized:
  
   Appreciation
$23,371,910
   Depreciation
(1,048,348)
Net unrealized appreciation (depreciation) of investments
$22,323,562
 
     
(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 is 30.5%.
N/R
  
Not rated.
(ETM)
  
Escrowed to maturity.
(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 Premium Income Municipal Fund 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date:         October 30, 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:         October 30, 2012        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:         October 30, 2012