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 811-07606
 
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:         8/31/16         
 
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 
 
 
 
 
 
  
Nuveen Connecticut Premium Income Municipal Fund (NTC) 
 
 
 
 
  
August 31, 2016 (Unaudited) 
 
 
 
 
 
Principal 
  
 
Optional Call 
 
 
Amount (000) 
  
Description (1) 
Provisions (2) 
Ratings (3) 
Value 
 
  
LONG-TERM INVESTMENTS – 151.5% (100.0% of Total Investments) 
 
 
 
 
 
  
MUNICIPAL BONDS – 151.5% (100.0% of Total Investments) 
 
 
 
 
 
  
Education and Civic Organizations – 29.8% (19.7% of Total Investments) 
 
 
 
$ 840 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Chase Collegiate 
7/17 at 100.00 
AA 
$ 867,124 
 
  
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 
AA– 
1,017,030 
 
  
Series 2007G, 4.500%, 7/01/37 – NPFG Insured 
 
 
 
1,150 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Connecticut College, 
7/21 at 100.00 
A2 
1,324,202 
 
  
Series 2011H, 5.000%, 7/01/41 
 
 
 
 
  
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– 
904,072 
4,000 
  
5.000%, 7/01/40 
7/20 at 100.00 
A– 
4,520,360 
3,950 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Fairfield University, 
7/26 at 100.00 
A– 
4,794,510 
 
  
Series 2016Q-1, 5.000%, 7/01/46 
 
 
 
 
  
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 
474,131 
1,510 
  
5.250%, 7/01/19 – AMBAC Insured 
No Opt. Call 
A2 
1,687,908 
1,125 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Norwich Free Academy, 
7/23 at 100.00 
A1 
1,238,535 
 
  
Series 2013B, 4.000%, 7/01/34 
 
 
 
7,030 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University, 
7/25 at 100.00 
A– 
8,311,076 
 
  
Refunding Series 2015L, 5.000%, 7/01/45 
 
 
 
 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University, 
 
 
 
 
  
Series 2016M: 
 
 
 
260 
  
5.000%, 7/01/34 
7/26 at 100.00 
A– 
317,616 
1,650 
  
5.000%, 7/01/35 
7/26 at 100.00 
A– 
2,005,988 
 
  
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+ 
286,500 
3,260 
  
5.625%, 7/01/41 
7/21 at 100.00 
BBB+ 
3,744,990 
 
  
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 
1,760,565 
1,000 
  
5.000%, 7/01/28 – AGM Insured 
7/22 at 100.00 
AA 
1,164,680 
 
  
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 
A2 
652,473 
225 
  
5.000%, 7/01/24 – AGM Insured 
7/21 at 100.00 
A2 
262,897 
17,000 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, 
7/17 at 100.00 
AAA 
17,613,870 
 
  
Series 2007Z-3, 5.050%, 7/01/42 (UB) (4) 
 
 
 
5,580 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Connecticut State 
11/23 at 100.00 
AA– 
6,868,143 
 
  
University System, Series 2013N, 5.000%, 11/01/31 
 
 
 
2,425 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Connecticut State 
11/26 at 100.00 
AA– 
3,082,442 
 
  
University System, Series 2016P-1, 5.000%, 11/01/28 (WI/DD, Settling 9/13/16) 
 
 
 
515 
  
University of Connecticut, Student Fee Revenue Bonds, Refunding Series 2010A, 5.000%, 11/15/27 
11/19 at 100.00 
Aa2 
578,541 
1,500 
  
University of Connecticut, Student Fee Revenue Bonds, Refunding Series 2012A, 5.000%, 11/15/29 
No Opt. Call 
Aa2 
1,821,105 
57,570 
  
Total Education and Civic Organizations 
 
 
65,298,758 
 
  
Health Care – 35.7% (23.6% of Total Investments) 
 
 
 
5,500 
  
Connecticut Health and Educational Facilities Authority Revenue Bonds, Hartford HealthCare, 
7/25 at 100.00 
A 
6,447,925 
 
  
Series 2015F, 5.000%, 7/01/45 
 
 
 
4,540 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Ascension Health 
11/19 at 100.00 
AA+ 
5,065,641 
 
  
Series 2010A, 5.000%, 11/15/40 
 
 
 
 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Bristol Hospital, 
 
 
 
 
  
Series 2002B: 
 
 
 
560 
  
5.500%, 7/01/21 – RAAI Insured 
11/16 at 100.00 
AA 
561,865 
3,000 
  
5.500%, 7/01/32 – RAAI Insured 
11/16 at 100.00 
AA 
3,007,110 
1,010 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Catholic Health East 
11/20 at 100.00 
AA 
1,124,332 
 
  
Series 2010, 4.750%, 11/15/29 
 
 
 
200 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Danbury Hospital, 
11/16 at 100.00 
A 
200,308 
 
  
Series 2006H, 4.500%, 7/01/33 – AMBAC Insured 
 
 
 
20 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Eastern Connecticut 
10/16 at 100.00 
AA 
20,085 
 
  
Health Network, Series 2000A, 6.125%, 7/01/20 – RAAI Insured 
 
 
 
840 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Eastern Connecticut 
10/16 at 100.00 
AA 
841,982 
 
  
Health Network, Series 2005, 5.000%, 7/01/25 – RAAI Insured 
 
 
 
 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Griffin Hospital, 
 
 
 
 
  
Series 2005B: 
 
 
 
1,970 
  
5.000%, 7/01/20 – RAAI Insured 
11/16 at 100.00 
A3 
1,975,733 
1,050 
  
5.000%, 7/01/23 – RAAI Insured 
11/16 at 100.00 
A3 
1,052,636 
7,025 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare, 
7/21 at 100.00 
A 
7,862,098 
 
  
Series 2011A, 5.000%, 7/01/41 
 
 
 
500 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare, 
No Opt. Call 
A 
586,275 
 
  
Series 2014E, 5.000%, 7/01/42 
 
 
 
 
  
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 
AA 
1,100,816 
300 
  
5.250%, 7/01/37 – RAAI Insured 
7/17 at 100.00 
AA 
309,708 
2,000 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Lawrence and Memorial 
7/21 at 100.00 
A– 
2,241,240 
 
  
Hospitals, Series 2011F, 5.000%, 7/01/36 
 
 
 
 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital, 
 
 
 
 
  
Series 2011N: 
 
 
 
1,105 
  
5.000%, 7/01/25 
7/21 at 100.00 
A3 
1,262,186 
400 
  
5.000%, 7/01/26 
7/21 at 100.00 
A3 
456,104 
500 
  
5.000%, 7/01/27 
7/21 at 100.00 
A3 
568,525 
1,915 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital, 
7/25 at 100.00 
A3 
2,269,773 
 
  
Series 2015O, 5.000%, 7/01/36 
 
 
 
1,275 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital, 
7/20 at 100.00 
A 
1,438,825 
 
  
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 
7,869,329 
 
  
Series 2012J, 5.000%, 7/01/42 
 
 
 
3,235 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital, 
7/26 at 100.00 
A 
3,490,015 
 
  
Series 2016K, 4.000%, 7/01/46 
 
 
 
2,600 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Trinity Health Credit 
6/26 at 100.00 
AA 
3,174,340 
 
  
Group, Series 2016 CT, 5.000%, 12/01/45 
 
 
 
3,905 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Western Connecticut 
7/21 at 100.00 
A 
4,461,736 
 
  
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 
4,538,320 
 
  
Health, Series 2011N, 5.000%, 7/01/29 
 
 
 
 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven Health 
 
 
 
 
  
Issue, Series 2014E: 
 
 
 
2,610 
  
5.000%, 7/01/32 
7/24 at 100.00 
Aa3 
3,200,486 
2,740 
  
5.000%, 7/01/33 
7/24 at 100.00 
Aa3 
3,348,746 
900 
  
5.000%, 7/01/34 
7/24 at 100.00 
Aa3 
1,096,299 
7,475 
  
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue 
2/21 at 100.00 
AA 
8,785,439 
 
  
Bonds, Unity Hospital of Rochester Project, Series 2010, 5.500%, 8/15/40 
 
 
 
69,240 
  
Total Health Care 
 
 
78,357,877 
 
  
Long-Term Care – 2.0% (1.3% of Total Investments) 
 
 
 
1,100 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Duncaster, Inc., 
8/24 at 100.00 
BBB– 
1,184,414 
 
  
Series 2014A, 5.000%, 8/01/44 
 
 
 
100 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Healthcare Facility 
9/26 at 100.00 
BB 
111,315 
 
  
Expansion Church Home of Hartford Inc. Project, Series 2016A, 5.000%, 9/01/46 
 
 
 
1,500 
  
Connecticut Housing Finance Authority, Special Needs Housing Mortgage Finance Program Special 
11/16 at 100.00 
N/R 
1,502,685 
 
  
Obligation Bonds, Series 2002SNH-1, 5.000%, 6/15/32 – AMBAC Insured 
 
 
 
1,285 
  
Connecticut Housing Finance Authority, State Supported Special Obligation Bonds, Refunding 
6/20 at 100.00 
AA– 
1,456,586 
 
  
Series 2010-16, 5.000%, 6/15/30 
 
 
 
3,985 
  
Total Long-Term Care 
 
 
4,255,000 
 
  
Tax Obligation/General – 26.5% (17.5% of Total Investments) 
 
 
 
 
  
Bridgeport, Connecticut, General Obligation Bonds, Series 2014A: 
 
 
 
2,345 
  
5.000%, 7/01/32 – AGM Insured 
7/24 at 100.00 
AA 
2,790,855 
1,600 
  
5.000%, 7/01/34 – AGM Insured 
7/24 at 100.00 
AA 
1,894,160 
5,100 
  
Connecticut State, General Obligation Bonds, Green Series 2014G, 5.000%, 11/15/31 
11/24 at 100.00 
AA– 
6,187,881 
2,100 
  
Connecticut State, General Obligation Bonds, Refunding Series 2006E, 5.000%, 12/15/20 
12/16 at 100.00 
AA– 
2,127,363 
2,290 
  
Connecticut State, General Obligation Bonds, Refunding Series 2012E, 5.000%, 9/15/32 
9/22 at 100.00 
AA– 
2,704,650 
2,740 
  
Connecticut State, General Obligation Bonds, Refunding Series 2016B, 5.000%, 5/15/27 
5/26 at 100.00 
AA– 
3,462,949 
1,000 
  
Connecticut State, General Obligation Bonds, Series 2011D, 5.000%, 11/01/31 
11/21 at 100.00 
AA– 
1,169,380 
2,600 
  
Connecticut State, General Obligation Bonds, Series 2014A, 5.000%, 3/01/31 
3/24 at 100.00 
AA– 
3,110,744 
3,500 
  
Connecticut State, General Obligation Bonds, Series 2014F, 5.000%, 11/15/34 
11/24 at 100.00 
AA– 
4,199,965 
2,630 
  
Connecticut State, General Obligation Bonds, Series 2015F, 5.000%, 11/15/34 
11/25 at 100.00 
AA– 
3,206,259 
100 
  
Greenwich, Connecticut, General Obligation Bonds, Refunding Series 2016, 4.000%, 7/15/33 
7/24 at 100.00 
Aaa 
114,734 
 
  
Hamden, Connecticut, General Obligation Bonds, Series 2016: 
 
 
 
1,000 
  
5.000%, 8/15/32 – BAM Insured 
8/24 at 100.00 
AA 
1,191,260 
250 
  
4.000%, 8/15/34 – BAM Insured 
8/24 at 100.00 
AA 
271,075 
1,000 
  
Hartford, Connecticut, General Obligation Bonds, Refunding Series 2013A, 5.000%, 4/01/31 
4/23 at 100.00 
A+ 
1,132,690 
870 
  
Hartford, Connecticut, General Obligation Bonds, Series 2009A, 5.000%, 8/15/28 
8/19 at 100.00 
AA 
959,801 
2,000 
  
Hartford, Connecticut, General Obligation Bonds, Series 2013B, 5.000%, 4/01/33 
4/23 at 100.00 
A+ 
2,252,560 
1,000 
  
New Haven, Connecticut, General Obligation Bonds, Refunding Series 2016A, 5.000%, 8/15/36 – 
8/26 at 100.00 
AA 
1,203,470 
 
  
AGM Insured 
 
 
 
985 
  
New Haven, Connecticut, General Obligation Bonds, Series 2014A, 5.000%, 8/01/33 – AGM Insured 
8/24 at 100.00 
AA 
1,174,110 
 
  
New Haven, Connecticut, General Obligation Bonds, Series 2015: 
 
 
 
790 
  
5.000%, 9/01/32 – AGM Insured 
9/25 at 100.00 
AA 
960,364 
1,620 
  
5.000%, 9/01/33 – AGM Insured 
9/25 at 100.00 
AA 
1,964,963 
500 
  
5.000%, 9/01/35 – AGM Insured 
9/25 at 100.00 
AA 
601,525 
900 
  
North Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 7/15/24 
No Opt. Call 
Aa1 
1,135,233 
3,890 
  
Oregon State, General Obligation Bonds, Oregon University System Projects, Series 2011G, 
8/21 at 100.00 
AA+ 
4,558,458 
 
  
5.000%, 8/01/36 
 
 
 
2,500 
  
Stamford, Connecticut, General Obligation Bonds, Refunding Series 2014, 3.000%, 8/15/22 
8/21 at 100.00 
AAA 
2,738,525 
600 
  
Stratford, Connecticut, General Obligation Bonds, Series 2014, 5.000%, 12/15/32 
12/22 at 100.00 
AA 
729,180 
 
  
Suffield, Connecticut, General Obligation Bonds, Refunding Series 2005: 
 
 
 
800 
  
5.000%, 6/15/17 
No Opt. Call 
AA+ 
827,936 
820 
  
5.000%, 6/15/19 
No Opt. Call 
AA+ 
917,047 
1,400 
  
5.000%, 6/15/21 
No Opt. Call 
AA+ 
1,668,086 
 
  
Waterbury, Connecticut, General Obligation Bonds, Lot A Series 2015: 
 
 
 
445 
  
5.000%, 8/01/30 – BAM Insured 
8/25 at 100.00 
AA 
544,569 
390 
  
5.000%, 8/01/31 – BAM Insured 
8/25 at 100.00 
AA 
475,500 
610 
  
5.000%, 8/01/32 – BAM Insured 
8/25 at 100.00 
AA 
740,985 
445 
  
5.000%, 8/01/33 – BAM Insured 
8/25 at 100.00 
AA 
539,358 
445 
  
5.000%, 8/01/34 – BAM Insured 
8/25 at 100.00 
AA 
537,369 
49,265 
  
Total Tax Obligation/General 
 
 
58,093,004 
 
  
Tax Obligation/Limited – 19.1% (12.6% of Total Investments) 
 
 
 
2,500 
  
Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes Series 
No Opt. Call 
AA 
3,016,650 
 
  
2012A, 5.000%, 1/01/33 
 
 
 
3,855 
  
Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes Series 
10/23 at 100.00 
AA 
4,740,995 
 
  
2013A, 5.000%, 10/01/33 
 
 
 
1,380 
  
Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes Series 
8/25 at 100.00 
AA 
1,695,040 
 
  
2015A, 5.000%, 8/01/33 
 
 
 
 
  
Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Purposes, 
 
 
 
 
  
Series 2014A: 
 
 
 
3,835 
  
5.000%, 9/01/33 
9/24 at 100.00 
AA 
4,691,164 
1,000 
  
5.000%, 9/01/34 
9/24 at 100.00 
AA 
1,219,120 
 
  
Government of Guam, Business Privilege Tax Bonds, Series 2011A: 
 
 
 
840 
  
5.250%, 1/01/36 
1/22 at 100.00 
A 
936,860 
3,200 
  
5.125%, 1/01/42 
1/22 at 100.00 
A 
3,528,576 
3,000 
  
Harbor Point Infrastructure Improvement District, Connecticut, Special Obligation Revenue 
4/20 at 100.00 
N/R 
3,539,430 
 
  
Bonds, Harbor Point Project, Series 2010A, 7.875%, 4/01/39 
 
 
 
1,500 
  
Puerto Rico Municipal Finance Agency, Series 2002A, 5.250%, 8/01/21 – AGM Insured 
11/16 at 100.00 
AA 
1,522,515 
2,600 
  
University of Connecticut, General Obligation Bonds, Series 2010A, 5.000%, 2/15/28 
2/20 at 100.00 
AA– 
2,932,514 
 
  
University of Connecticut, General Obligation Bonds, Series 2013A: 
 
 
 
2,290 
  
5.000%, 8/15/20 
No Opt. Call 
AA– 
2,637,897 
2,500 
  
5.000%, 8/15/32 
8/23 at 100.00 
AA– 
3,053,700 
760 
  
University of Connecticut, General Obligation Bonds, Series 2014A, 5.000%, 2/15/31 
2/24 at 100.00 
AA– 
915,435 
1,415 
  
University of Connecticut, General Obligation Bonds, Series 2015A, 5.000%, 2/15/34 
No Opt. Call 
AA– 
1,708,245 
1,355 
  
University of Connecticut, General Obligation Bonds, Series 2016A, 5.000%, 3/15/32 
3/26 at 100.00 
AA– 
1,681,149 
1,790 
  
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 
No Opt. Call 
AA 
1,957,455 
 
  
2012A, 5.000%, 10/01/32 – AGM Insured 
 
 
 
2,150 
  
Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Senior Lien 
10/20 at 100.00 
BBB 
2,153,139 
 
  
Series 2010A, 5.000%, 10/01/29 
 
 
 
35,970 
  
Total Tax Obligation/Limited 
 
 
41,929,884 
 
  
Transportation – 0.2% (0.1% of Total Investments) 
 
 
 
450 
  
Virgin Islands Port Authority, Marine Revenue Bonds, Refunding Series 2014B, 5.000%, 9/01/44 
9/24 at 100.00 
BBB+ 
516,002 
 
  
U.S. Guaranteed – 13.4% (8.8% of Total Investments) (5) 
 
 
 
4,405 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University, 
7/17 at 100.00 
AA– (5) 
4,569,791 
 
  
Series 2007-I, 5.000%, 7/01/25 (Pre-refunded 7/01/17) – 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) 
482,396 
735 
  
5.000%, 7/01/37 (Pre-refunded 7/01/17) – AMBAC Insured 
7/17 at 100.00 
N/R (5) 
762,496 
4,140 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Wesleyan University, 
7/20 at 100.00 
AA (5) 
4,801,034 
 
  
Series 2010G, 5.000%, 7/01/35 (Pre-refunded 7/01/20) 
 
 
 
775 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, William W. Backus 
7/18 at 100.00 
AA (5) 
838,767 
 
  
Hospital, Series 2005F, 5.125%, 7/01/35 (Pre-refunded 7/01/18) – AGM Insured 
 
 
 
1,240 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven 
7/20 at 100.00 
Aa3 (5) 
1,459,306 
 
  
Hospital, Series 2010M, 5.500%, 7/01/40 (Pre-refunded 7/01/20) 
 
 
 
1,125 
  
Connecticut State Development Authority, Health Facilities Revenue Bonds, Alzheimer’s Resource 
8/17 at 100.00 
N/R (5) 
1,176,919 
 
  
Center of Connecticut, Inc., Series 2007, 5.500%, 8/15/27 (Pre-refunded 8/15/17) 
 
 
 
3,500 
  
Connecticut State, General Obligation Bonds, Series 2006A, 4.750%, 12/15/24 
12/16 at 100.00 
AA– (5) 
3,543,155 
 
  
(Pre-refunded 12/15/16) 
 
 
 
5,000 
  
Connecticut State, Special Tax Obligation Bonds, Transportation Infrastructure Series 2007A, 
8/17 at 100.00 
AA (5) 
5,205,650 
 
  
5.000%, 8/01/27 (Pre-refunded 8/01/17) – AMBAC Insured 
 
 
 
870 
  
Hartford, Connecticut, General Obligation Bonds, Series 2009A, 5.000%, 8/15/28 
8/19 at 100.00 
AA (5) 
979,316 
 
  
(Pre-refunded 8/15/19) 
 
 
 
2,150 
  
New Haven, Connecticut, General Obligation Bonds, Refunding Series 2006, 5.000%, 11/01/17 
11/16 at 100.00 
A– (5) 
2,166,469 
 
  
(Pre-refunded 11/01/16) – AMBAC Insured 
 
 
 
40 
  
New Haven, Connecticut, General Obligation Bonds, Series 2002A, 5.250%, 11/01/17 – AMBAC 
11/16 at 100.00 
A– (5) 
41,505 
 
  
Insured (ETM) 
 
 
 
1,010 
  
Puerto Rico Public Finance Corporation, Commonwealth Appropriation Bonds, Series 1998A, 
No Opt. Call 
Aaa 
1,202,839 
 
  
5.125%, 6/01/24 – AMBAC Insured (ETM) 
 
 
 
1,725 
  
Stamford, Connecticut, Special Obligation Revenue Bonds, Mill River Corridor Project, Series 
4/21 at 100.00 
N/R (5) 
2,178,675 
 
  
2011aA, 7.000%, 4/01/41 (Pre-refunded 4/01/21) 
 
 
 
27,180 
  
Total U.S. Guaranteed 
 
 
29,408,318 
 
  
Utilities – 6.3% (4.2% of Total Investments) 
 
 
 
4,375 
  
Connecticut Development Authority, Water Facility Revenue Bonds, Aquarion Water Company 
9/17 at 100.00 
N/R 
4,477,988 
 
  
Project, Series 2007, 5.100%, 9/01/37 – SYNCORA GTY Insured (Alternative Minimum Tax) 
 
 
 
 
  
Connecticut Municipal Electric Energy Cooperative, Power Supply System Revenue Bonds, Tender 
 
 
 
 
  
Option Bond Trust 2016-XG0059: 
 
 
 
1,295 
  
15.286%, 1/01/32 (IF) (4) 
1/23 at 100.00 
Aa3 
2,219,008 
410 
  
15.151%, 1/01/38 (IF) (4) 
1/23 at 100.00 
Aa3 
683,970 
 
  
Connecticut Transmission Municipal Electric Energy Cooperative, Transmission System Revenue 
 
 
 
 
  
Bonds, Series 2012A: 
 
 
 
655 
  
5.000%, 1/01/31 
1/22 at 100.00 
Aa3 
772,808 
500 
  
5.000%, 1/01/32 
1/22 at 100.00 
Aa3 
589,085 
2,830 
  
5.000%, 1/01/42 
1/22 at 100.00 
Aa3 
3,308,893 
1,765 
  
Eastern Connecticut Resource Recovery Authority, Solid Waste Revenue Bonds, Wheelabrator 
1/17 at 100.00 
A– 
1,776,614 
 
  
Lisbon Project, Series 1993A, 5.500%, 1/01/20 (Alternative Minimum Tax) 
 
 
 
11,830 
  
Total Utilities 
 
 
13,828,366 
 
  
Water and Sewer – 18.5% (12.2% of Total Investments) 
 
 
 
 
  
Greater New Haven Water Pollution Control Authority, Connecticut, Regional Wastewater System 
 
 
 
 
  
Revenue Bonds, Refunding Series 2014B: 
 
 
 
500 
  
5.000%, 8/15/30 
8/24 at 100.00 
AA 
614,770 
1,000 
  
5.000%, 8/15/31 
8/24 at 100.00 
AA 
1,226,220 
500 
  
5.000%, 8/15/32 
8/24 at 100.00 
AA 
608,990 
55 
  
Greater New Haven Water Pollution Control Authority, Connecticut, Regional Wastewater System 
11/16 at 100.00 
AA 
55,199 
 
  
Revenue Bonds, Series 2005A, 5.000%, 8/15/35 – NPFG Insured 
 
 
 
2,050 
  
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 
7/20 at 100.00 
A– 
2,265,312 
 
  
2010, 5.625%, 7/01/40 
 
 
 
1,125 
  
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 
7/26 at 100.00 
A– 
1,319,513 
 
  
2016, 5.000%, 1/01/46 
 
 
 
6,815 
  
Hartford County Metropolitan District, Connecticut, Clean Water Project Revenue Bonds, 
11/24 at 100.00 
AA 
8,245,399 
 
  
Refunding Green Bond Series 2014A, 5.000%, 11/01/42 
 
 
 
 
  
Hartford County Metropolitan District, Connecticut, Clean Water Project Revenue Bonds, 
 
 
 
 
  
Series 2013A: 
 
 
 
4,100 
  
5.000%, 4/01/36 
4/22 at 100.00 
AA 
4,870,595 
2,500 
  
5.000%, 4/01/39 
4/22 at 100.00 
AA 
2,964,000 
795 
  
South Central Connecticut Regional Water Authority Water System Revenue Bonds, Thirtieth 
8/24 at 100.00 
AA– 
946,996 
 
  
Series 2014A, 5.000%, 8/01/44 
 
 
 
 
  
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, Refunding 
 
 
 
 
  
Thirty-Second Series 2016B: 
 
 
 
1,625 
  
4.000%, 8/01/35 
8/26 at 100.00 
AA– 
1,845,529 
1,470 
  
4.000%, 8/01/36 
8/26 at 100.00 
AA– 
1,662,585 
1,110 
  
5.000%, 8/01/37 
8/26 at 100.00 
AA– 
1,375,479 
930 
  
5.000%, 8/01/38 
8/26 at 100.00 
AA– 
1,151,498 
270 
  
5.000%, 8/01/39 
8/26 at 100.00 
AA– 
332,691 
4,870 
  
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, 
8/21 at 100.00 
AA– 
5,681,634 
 
  
Twentieth-Sixth Series, 2011, 5.000%, 8/01/41 
 
 
 
4,000 
  
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, 
No Opt. Call 
AA– 
4,804,640 
 
  
Twenty-Seventh Series 2012, 5.000%, 8/01/33 
 
 
 
500 
  
Stamford, Connecticut, Water Pollution Control System and Facility Revenue Bonds, Series 
8/23 at 100.00 
AA+ 
613,765 
 
  
2013A, 5.250%, 8/15/43 
 
 
 
34,215 
  
Total Water and Sewer 
 
 
40,584,815 
$ 289,705 
  
Total Long-Term Investments (cost $306,824,427) 
 
 
332,272,024 
 
  
Floating Rate Obligations – (5.8)% 
 
 
(12,750,000) 
 
  
Variable Rate MuniFund Term Preferred Shares, at Liquidation Preference – (48.3)% (6) 
 
 
(106,000,000) 
 
  
Other Assets Less Liabilities – 2.6% 
 
 
5,742,870 
 
  
Net Assets Applicable to Common Shares – 100% 
 
 
$ 219,264,894 
 
 

Fair Value Measurements
Fair Value is defined as the price that would be received 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 hierarch of valuation input levels.
Level 1 – Inputs are adjusted 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 risk 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 
$ — 
$332,272,024 
$ — 
$332,272,024 
 
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 no require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
As of August 31, 2016, the cost of investments was $293,976,842.
Gross unrealized appreciation and gross unrealized depreciation of investments as of August 31, 2016, were as follows:
   
Gross unrealized: 
 
Appreciation 
$25,545,182 
Depreciation 
— 
Net unrealized appreciation (depreciation) of investments 
$25,545,182 
     
(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) 
  
For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group 
 
  
(“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. 
 
  
This treatment of split-rated securities may differ from that used for other purposes, such as for Fund 
 
  
investment policies. 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 recognized as having an implied rating equal to the rating of such securities. 
(6) 
  
Variable Rate MuniFund Term Preferred Shares, at Liquidation Preference as a percentage of Total 
 
  
Investments is 31.9%. 
(ETM) 
  
Escrowed to maturity. 
(IF) 
  
Inverse floating rate investment. 
(UB) 
  
Underlying bond of an inverse floating rate trust reflected as a financing transaction. 
(WI/DD) 
  
Investment, or portion of investment, purchased on a when-issued or delayed delivery basis. 
 
 
 
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/ Gifford R. Zimmerman            
       Gifford R. Zimmerman
     Vice President and Secretary
                                         
Date:         October 28, 2016        
 
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/ Cedric H. Antosiewicz            
       Cedric H. Antosiewicz
     Chief Administrative Officer (principal executive officer)
                        
Date:         October 28, 2016        
 
By (Signature and Title) /s/ Stephen D. Foy                         
 
     Stephen D. Foy
     Vice President and Controller (principal financial officer)
                                                                                         
Date:         October 28, 2016