Unassociated Document



 
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:         8/31/11         
 
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, 2011 
      
Principal 
    
Optional Call 
    
Amount (000) 
  
Description (1) 
Provisions (2) 
Ratings (3) 
Value 
   
Consumer Staples – 1.5% (1.0% of Total Investments) 
      
$     1,280 
  
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds, 
5/12 at 100.00 
BBB 
$   1,193,779 
   
Series 2002, 5.375%, 5/15/33 
      
   
Education and Civic Organizations – 41.3% (27.3% of Total Investments) 
      
575 
  
Connecticut Health and Education Facilities Authority, Revenue Bonds, Connecticut College, 
7/21 at 100.00 
A2 
595,528 
   
Series 2011H, 5.000%, 7/01/41 
      
925 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Brunswick School, 
7/13 at 100.00 
Baa1 
932,752 
   
Series 2003B, 5.000%, 7/01/33 – NPFG Insured 
      
500 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Canterbury School, 
7/16 at 100.00 
N/R 
458,730 
   
Series 2006B, 5.000%, 7/01/36 – RAAI Insured 
      
305 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Chase Collegiate 
7/17 at 100.00 
N/R 
297,488 
   
School, Series 2007A, 5.000%, 7/01/27 – RAAI Insured 
      
1,000 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Fairfield University, 
7/20 at 100.00 
A– 
1,026,150 
   
Series 2010-O, 5.000%, 7/01/40 
      
750 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Horace Bushnell 
1/12 at 100.00 
Baa1 
750,323 
   
Memorial Hall, Series 1999A, 5.625%, 7/01/29 – NPFG Insured 
      
800 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Loomis Chaffee School, 
No Opt. Call 
A2 
949,344 
   
Series 2005F, 5.250%, 7/01/19 – AMBAC Insured 
      
1,000 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University, 
7/16 at 100.00 
A– 
1,012,990 
   
Series 2006H, 5.000%, 7/01/36 – AMBAC Insured 
      
1,595 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University, 
7/17 at 100.00 
A– 
1,682,693 
   
Series 2007-I, 5.000%, 7/01/25 – NPFG Insured 
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Renbrook School, 
      
   
Series 2007A: 
      
170 
  
5.000%, 7/01/30 – AMBAC Insured 
7/17 at 100.00 
N/R 
172,479 
270 
  
5.000%, 7/01/37 – AMBAC Insured 
7/17 at 100.00 
N/R 
261,981 
   
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 
253,550 
1,000 
  
5.625%, 7/01/41 
7/21 at 100.00 
BBB 
1,025,350 
560 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, The Loomis Chaffee 
7/21 at 100.00 
Aa3 
616,857 
   
School Issue, Series 2011-I, 5.000%, 7/01/23 – AGM Insured 
      
1,375 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Trinity College, 
7/14 at 100.00 
A+ 
1,504,773 
   
Series 2004H, 5.000%, 7/01/21 – NPFG Insured 
      
2,000 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, University of 
7/12 at 101.00 
BBB– 
1,909,660 
   
Hartford, Series 2002E, 5.250%, 7/01/32 – RAAI Insured 
      
1,050 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, University of 
7/16 at 100.00 
BBB– 
978,327 
   
Hartford, Series 2006G, 5.250%, 7/01/36 – RAAI Insured 
      
800 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Wesleyan University, 
7/20 at 100.00 
AA 
850,728 
   
Series 2010G, 5.000%, 7/01/35 
      
1,500 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 
7/13 at 100.00 
AAA 
1,531,110 
   
2003X-1, 5.000%, 7/01/42 (UB) 
      
3,550 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 
7/16 at 100.00 
AAA 
3,719,513 
   
2007Z-1, 5.000%, 7/01/42 (UB) 
      
6,150 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, Series 
7/17 at 100.00 
AAA 
6,510,575 
   
2007Z-3, 5.050%, 7/01/42 (UB) (4) 
      
245 
  
Connecticut Higher Education Supplemental Loan Authority, Revenue Bonds, Family Education Loan 
11/11 at 100.00 
AAA 
246,274 
   
Program, Series 1999A, 6.000%, 11/15/18 – AMBAC Insured (Alternative Minimum Tax) 
      
1,000 
  
University of Connecticut, General Obligation Bonds, Series 2004A, 5.000%, 1/15/18 – 
1/14 at 100.00 
AA 
1,078,940 
   
NPFG Insured 
      
1,220 
  
University of Connecticut, General Obligation Bonds, Series 2005A, 5.000%, 2/15/17 – 
2/15 at 100.00 
AA+ 
1,385,249 
   
AGM Insured 
      
685 
  
University of Connecticut, General Obligation Bonds, Series 2006A, 5.000%, 2/15/23 – 
2/16 at 100.00 
AA 
748,486 
   
FGIC Insured 
      
535 
  
University of Connecticut, General Obligation Bonds, Series 2010A, 5.000%, 2/15/28 
2/20 at 100.00 
AA 
593,085 
225 
  
University of Connecticut, Student Fee Revenue Bonds, Refunding Series 2010A, 5.000%, 11/15/27 
11/19 at 100.00 
Aa2 
249,982 
1,000 
  
University of Connecticut, Student Fee Revenue Refunding Bonds, Series 2002A, 5.250%, 11/15/19 – 
11/12 at 101.00 
Aa2 
1,063,900 
   
FGIC Insured 
      
31,035 
  
Total Education and Civic Organizations 
    
32,406,817 
   
Health Care – 19.6% (13.0% of Total Investments) 
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Bristol Hospital, 
      
   
Series 2002B: 
      
500 
  
5.500%, 7/01/21 – RAAI Insured 
7/12 at 101.00 
N/R 
492,880 
700 
  
5.500%, 7/01/32 – RAAI Insured 
7/12 at 101.00 
N/R 
653,898 
645 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Eastern Connecticut 
11/11 at 100.00 
N/R 
645,129 
   
Health Network, Series 2000A, 6.000%, 7/01/25 – RAAI Insured 
      
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Griffin Hospital, 
      
   
Series 2005B: 
      
800 
  
5.000%, 7/01/20 – RAAI Insured 
7/15 at 100.00 
N/R 
808,000 
500 
  
5.000%, 7/01/23 – RAAI Insured 
7/15 at 100.00 
N/R 
490,345 
   
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hospital For Special 
      
   
Care, Series 2007C: 
      
385 
  
5.250%, 7/01/32 – RAAI Insured 
7/17 at 100.00 
BBB– 
368,522 
150 
  
5.250%, 7/01/37 – RAAI Insured 
7/17 at 100.00 
BBB– 
139,011 
2,620 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital, 
7/16 at 100.00 
Aa3 
2,664,225 
   
Series 2006, 5.000%, 7/01/32 – AGM Insured 
      
605 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital, 
7/21 at 100.00 
A2 
628,057 
   
Series 2011N, 5.000%, 7/01/25 
      
400 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital, 
7/20 at 100.00 
A 
413,832 
   
Series 2010-I, 5.000%, 7/01/30 
      
1,250 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Western Connecticut 
7/21 at 100.00 
A 
1,279,138 
   
Health, Series 2011M, 5.375%, 7/01/41 
      
1,395 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven 
7/16 at 100.00 
Aa3 
1,438,970 
   
Hospital, Series 2006J-1, 5.000%, 7/01/31 – AMBAC Insured 
      
425 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven 
7/20 at 100.00 
Aa3 
449,633 
   
Hospital, Series 2010M, 5.500%, 7/01/40 
      
1,240 
  
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Ascension Health 
11/19 at 100.00 
AA+ 
1,265,842 
   
Series 2010A, 5.000%, 11/15/40 
      
350 
  
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Catholic Health East 
11/20 at 100.00 
A 
355,985 
   
Series 2010, 4.750%, 11/15/29 
      
3,050 
  
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue 
2/21 at 100.00 
Aa2 
3,300,066 
   
Bonds, Unity Hospital of Rochester Project, Series 2010, 5.500%, 8/15/40 
      
15,015 
  
Total Health Care 
    
15,393,533 
   
Housing/Multifamily – 1.2% (0.8% of Total Investments) 
      
960 
  
Connecticut Housing Finance Authority, Multifamily Housing Mortgage Finance Program Bonds, 
11/15 at 100.00 
AAA 
959,395 
   
Series 2006G-2, 4.800%, 11/15/27 (Alternative Minimum Tax) 
      
   
Housing/Single Family – 9.9% (6.5% of Total Investments) 
      
   
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2001C: 
      
1,000 
  
5.300%, 11/15/33 (Alternative Minimum Tax) 
11/11 at 100.00 
AAA 
1,000,180 
500 
  
5.450%, 11/15/43 (Alternative Minimum Tax) 
11/11 at 100.00 
AAA 
500,070 
1,675 
  
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2004-A5, 
5/13 at 100.00 
AAA 
1,693,526 
   
5.050%, 11/15/34 
      
   
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2006-A1: 
      
205 
  
4.700%, 11/15/26 (Alternative Minimum Tax) 
11/15 at 100.00 
AAA 
204,877 
220 
  
4.800%, 11/15/31 (Alternative Minimum Tax) 
11/15 at 100.00 
AAA 
216,491 
2,045 
  
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2006D, 
5/16 at 100.00 
AAA 
2,075,941 
   
4.650%, 11/15/27 
      
2,000 
  
Connecticut Housing Finance Authority, Single Family Housing Mortgage Finance Program Bonds, 
11/19 at 100.00 
AAA 
2,027,300 
   
Series 2010-A2, 4.500%, 11/15/30 
      
7,645 
  
Total Housing/Single Family 
    
7,718,385 
   
Long-Term Care – 2.9% (1.9% of Total Investments) 
      
165 
  
Connecticut Development Authority, First Mortgage Gross Revenue Refunding Healthcare Bonds, 
10/11 at 100.00 
BBB– 
165,315 
   
Church Homes Inc. – Congregational Avery Heights, Series 1997, 5.700%, 4/01/12 
      
445 
  
Connecticut Development Authority, First Mortgage Gross Revenue Refunding Healthcare Bonds, 
3/12 at 100.00 
BBB– 
445,659 
   
Connecticut Baptist Homes Inc., Series 1999, 5.500%, 9/01/15 – RAAI Insured 
      
1,600 
  
Connecticut Housing Finance Authority, State Supported Special Obligation Bonds, Refunding 
6/20 at 100.00 
AA 
1,687,152 
   
Series 2010-16, 5.000%, 6/15/30 
      
2,210 
  
Total Long-Term Care 
    
2,298,126 
   
Tax Obligation/General – 21.6% (14.3% of Total Investments) 
      
750 
  
Bridgeport, Connecticut, General Obligation Refunding Bonds, Series 2002A, 5.375%, 8/15/19 – 
8/12 at 100.00 
A1 
770,423 
   
FGIC Insured 
      
1,110 
  
Connecticut State, General Obligation Bonds, Series 2004C, 5.000%, 4/01/23 – FGIC Insured 
4/14 at 100.00 
AA 
1,200,565 
2,000 
  
Connecticut State, General Obligation Bonds, Series 2006A, 4.750%, 12/15/24 
12/16 at 100.00 
AA 
2,194,939 
1,300 
  
Connecticut State, General Obligation Bonds, Series 2006C, 5.000%, 6/01/23 – AGM Insured 
6/16 at 100.00 
AA+ 
1,433,991 
500 
  
Connecticut State, General Obligation Bonds, Series 2006E, 5.000%, 12/15/20 
12/16 at 100.00 
AA 
580,445 
   
Hartford, Connecticut, General Obligation Bonds, Series 2005A: 
      
775 
  
5.000%, 8/01/20 – AGM Insured 
8/15 at 100.00 
AA+ 
867,558 
525 
  
4.375%, 8/01/24 – AGM Insured 
8/15 at 100.00 
AA+ 
544,315 
700 
  
Hartford, Connecticut, General Obligation Bonds, Series 2009A, 5.000%, 8/15/28 – AGC Insured 
8/19 at 100.00 
AA+ 
761,957 
500 
  
New Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 11/01/17 – AMBAC Insured 
11/16 at 100.00 
A1 
573,880 
500 
  
North Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 7/15/24 
No Opt. Call 
Aa1 
612,655 
1,380 
  
Oregon State, General Obligation Bonds, Oregon University System Projects, Series 2011G, 
8/21 at 100.00 
AA+ 
1,494,954 
   
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 
2,037,518 
   
NPFG Insured 
      
1,420 
  
Regional School District 16, Connecticut, General Obligation Bonds, Series 2003, 5.000%, 
3/13 at 101.00 
A1 
1,511,562 
   
3/15/16 – AMBAC Insured 
      
   
Suffield, Connecticut, General Obligation Bonds, Series 2005: 
      
465 
  
5.000%, 6/15/17 
No Opt. Call 
AA+ 
562,827 
460 
  
5.000%, 6/15/19 
No Opt. Call 
AA+ 
565,055 
1,000 
  
5.000%, 6/15/21 
No Opt. Call 
AA+ 
1,236,800 
15,245 
  
Total Tax Obligation/General 
    
16,949,444 
   
Tax Obligation/Limited – 18.4% (12.1% of Total Investments) 
      
   
Connecticut Health and Educational Facilities Authority, Child Care Facilities Program Revenue 
      
   
Bonds, Series 2006F: 
      
1,300 
  
5.000%, 7/01/31 – AGC Insured 
7/16 at 100.00 
AA+ 
1,346,436 
1,000 
  
5.000%, 7/01/36 – AGC Insured 
7/16 at 100.00 
AA+ 
1,023,840 
500 
  
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 2003B, 
1/14 at 100.00 
AA 
535,970 
   
5.000%, 1/01/23 – FGIC Insured 
      
1,750 
  
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Revenue Bonds, 
8/17 at 100.00 
AA 
1,892,538 
   
Series 2007A, 5.000%, 8/01/27 – AMBAC Insured 
      
1,100 
  
Harbor Point Infrastructure Improvement District, Connecticut, Special Obligation Revenue 
4/20 at 100.00 
N/R 
1,203,741 
   
Bonds, Harbor Point Project, Series 2010A, 7.875%, 4/01/39 
      
   
Puerto Rico Infrastructure Financing Authority, Special Tax Revenue Bonds, Series 2005A: 
      
960 
  
0.000%, 7/01/32 – FGIC Insured 
No Opt. Call 
BBB+ 
236,698 
2,615 
  
0.000%, 7/01/33 – FGIC Insured 
No Opt. Call 
BBB+ 
590,990 
2,000 
  
Puerto Rico Municipal Finance Agency, Series 2002A, 5.250%, 8/01/21 – AGM Insured 
8/12 at 100.00 
AA+ 
2,022,400 
2,400 
  
Puerto Rico Municipal Finance Agency, Series 2005C, 5.000%, 8/01/16 – AGM Insured 
8/15 at 100.00 
AA+ 
2,608,367 
975 
  
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series 
2/20 at 100.00 
A+ 
983,492 
   
2010A, 5.375%, 8/01/39 
      
1,000 
  
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 2003, 5.250%, 
10/14 at 100.00 
AA+ 
1,072,790 
   
10/01/19 – AGM Insured 
      
895 
  
Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Senior Lien 
10/20 at 100.00 
BBB 
869,546 
   
Series 2010A, 5.000%, 10/01/29 
      
16,495 
  
Total Tax Obligation/Limited 
    
14,386,808 
   
U.S. Guaranteed – 11.9% (7.9% of Total Investments) (5) 
      
610 
  
Connecticut Higher Education Supplemental Loan Authority, Revenue Bonds, Family Education Loan 
11/11 at 100.00 
Aa2 (5) 
612,263 
   
Program, Series 2001A, 5.250%, 11/15/18 (Pre-refunded 11/15/11) – NPFG Insured (Alternative 
      
   
Minimum Tax) 
      
40 
  
Connecticut, General Obligation Bonds, Series 1993E, 6.000%, 3/15/12 (ETM) 
No Opt. Call 
Aa2 (5) 
41,263 
1,500 
  
Connecticut, General Obligation Bonds, Series 2002B, 5.500%, 6/15/21 (Pre-refunded 6/15/12) 
6/12 at 100.00 
AA (5) 
1,563,225 
   
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 2002B: 
      
2,000 
  
5.000%, 12/01/20 (Pre-refunded 12/01/12) – AMBAC Insured 
12/12 at 100.00 
AA (5) 
2,117,140 
1,000 
  
5.000%, 12/01/21 (Pre-refunded 12/01/12) – AMBAC Insured 
12/12 at 100.00 
AA (5) 
1,058,570 
1,100 
  
University of Connecticut, General Obligation Bonds, Series 2003A, 5.125%, 2/15/21 
2/13 at 100.00 
AA (5) 
1,177,781 
   
(Pre-refunded 2/15/13) – NPFG Insured 
      
1,000 
  
Waterbury, Connecticut, General Obligation Special Capital Reserve Fund Bonds, Series 2002A, 
4/12 at 100.00 
AA+ (5) 
1,029,940 
   
5.375%, 4/01/17 (Pre-refunded 4/01/12) – AGM Insured 
      
1,500 
  
West Hartford, Connecticut, General Obligation Bonds, Series 2005B, 5.000%, 10/01/18 
10/15 at 100.00 
AAA 
1,756,545 
   
(Pre-refunded 10/01/15) 
      
8,750 
  
Total U.S. Guaranteed 
    
9,356,727 
   
Utilities – 8.5% (5.6% of Total Investments) 
      
1,150 
  
Bristol Resource Recovery Facility Operating Committee, Connecticut, Solid Waste Revenue 
No Opt. Call 
AA 
1,189,733 
   
Bonds, Covanta Bristol Inc., Series 2005, 5.000%, 7/01/12 – AMBAC Insured 
      
1,000 
  
Connecticut Development Authority, Pollution Control Revenue Refunding Bonds, Connecticut 
10/11 at 100.50 
BBB+ 
1,007,860 
   
Light and Power Company, Series 1993A, 5.850%, 9/01/28 
      
175 
  
Connecticut Development Authority, Pollution Control Revenue Refunding Bonds, Western 
10/11 at 100.50 
BBB+ 
176,376 
   
Massachusetts Electric Company, Series 1993A, 5.850%, 9/01/28 
      
1,070 
  
Connecticut Development Authority, Solid Waste Disposal Facilities Revenue Bonds, PSEG Power 
11/12 at 100.00 
Baa1 
1,070,738 
   
LLC Project, Series 2007A, 5.750%, 11/01/37 (Alternative Minimum Tax) 
      
1,750 
  
Connecticut Resource Recovery Authority, Revenue Bonds, American Ref-Fuel Company of 
12/11 at 102.00 
Ba1 
1,752,730 
   
Southeastern Connecticut LP, Series 1998A-I, 5.500%, 11/15/15 (Alternative Minimum Tax) 
      
   
Eastern Connecticut Resource Recovery Authority, Solid Waste Revenue Bonds, Wheelabrator 
      
   
Lisbon Project, Series 1993A: 
      
205 
  
5.500%, 1/01/14 (Alternative Minimum Tax) 
1/12 at 100.00 
BBB 
205,625 
1,290 
  
5.500%, 1/01/20 (Alternative Minimum Tax) 
1/12 at 100.00 
BBB 
1,278,777 
6,640 
  
Total Utilities 
    
6,681,839 
   
Water and Sewer – 14.5% (9.6% of Total Investments) 
      
500 
  
Connecticut Development Authority, Water Facility Revenue Bonds, Aquarion Water Company 
9/17 at 100.00 
N/R 
448,375 
   
Project, Series 2007, 5.100%, 9/01/37 – SYNCORA GTY Insured (Alternative Minimum Tax) 
      
1,185 
  
Connecticut, State Revolving Fund General Revenue Bonds, Series 2003A, 5.000%, 10/01/16 
10/13 at 100.00 
AAA 
1,290,975 
   
Greater New Haven Water Pollution Control Authority, Connecticut, Regional Wastewater System 
      
   
Revenue Bonds, Series 2005A: 
      
1,520 
  
5.000%, 11/15/30 – NPFG Insured 
11/15 at 100.00 
A1 
1,568,412 
2,260 
  
5.000%, 8/15/35 – NPFG Insured 
11/15 at 100.00 
A1 
2,298,803 
725 
  
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2010, 
7/20 at 100.00 
Ba2 
668,798 
   
5.625%, 7/01/40 
      
1,000 
  
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A, 
7/18 at 100.00 
Baa2 
1,003,790 
   
6.000%, 7/01/38 
      
   
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, Eighteenth 
      
   
Series 2003A: 
      
1,000 
  
5.000%, 8/01/20 – NPFG Insured 
8/13 at 100.00 
Aa3 
1,044,210 
1,075 
  
5.000%, 8/01/33 – NPFG Insured 
8/13 at 100.00 
Aa3 
1,090,545 
770 
  
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, 
8/21 at 100.00 
Aa3 
803,942 
   
Twentieth-Sixth Series, 2011, 5.000%, 8/01/41 
      
1,100 
  
Stamford, Connecticut, Water Pollution Control System and Facility Revenue Bonds, Series 
11/13 at 100.00 
AA+ 
1,166,506 
   
2003A, 5.000%, 11/15/32 
      
11,135 
  
Total Water and Sewer 
    
11,384,356 
$ 116,410 
  
Total Investments (cost $115,638,303) – 151.3% 
    
118,729,209 
   
Floating Rate Obligations – (10.1)% 
    
(7,965,000)
   
MuniFund Term Preferred Shares, at Liquidation Value – (46.0)% (6) 
    
(36,080,000)
   
Other Assets Less Liabilities – 4.8% 
    
3,807,158 
   
Net Assets Applicable to Common Shares – 100% 
    
$ 78,491,367 
 
 
 
 
 
 
 
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 three-tier hierarchy of inputs is summarized in the three broad levels listed below:
 
Level 1 – Quoted prices in active markets for identical securities.
 
Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
 
Level 3 – 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 August 31, 2011:
 
         
 
Level 1 
Level 2 
Level 3 
Total 
Investments: 
        
Municipal Bonds 
$ — 
$118,729,209 
$ — 
$118,729,209 
 
 
During the period ended August 31, 2011, the Fund recognized no significant transfers to or from Level 1, Level 2 or Level 3.
 
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, 2011, the cost of investments was $107,730,128.
 
Gross unrealized appreciation and gross unrealized depreciation of investments at August 31, 2011, were as follows:
 
   
Gross unrealized: 
  
Appreciation 
$ 4,244,818 
Depreciation 
(1,210,010)
Net unrealized appreciation (depreciation) of investments 
$ 3,034,808 
 
 
     
(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 Investor 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. Bonds backed by U.S. Government or agency 
   
securities are given 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 30.4%. 
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 28, 2011        
 
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 28, 2011        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date         October 28, 2011