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:         8/31/10         
 
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, 2010
      
Principal
    
Optional Call
    
Amount (000)
  
Description (1)
Provisions (2)
Ratings (3)
Value 
   
Consumer Staples – 1.6% (1.1% of Total Investments)
      
$ 1,305 
  
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds, 
5/12 at 100.00 
BBB 
$ 1,298,958 
   
Series 2002, 5.375%, 5/15/33 
      
   
Education and Civic Organizations – 38.7% (26.3% of Total Investments)
      
925 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Brunswick School, 
7/13 at 100.00 
A 
940,808 
   
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 
489,315 
   
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 
306,732 
   
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– 
1,048,230 
   
Series 2010-O, 5.000%, 7/01/40 
      
750 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Horace Bushnell 
1/11 at 100.50 
Baa1 
756,053 
   
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 
957,600 
   
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– 
1,032,590 
   
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 
1,718,118 
   
Series 2007-I, 5.000%, 7/01/25 – NPFG Insured 
      
270 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Renbrook School, 
7/17 at 100.00 
N/R 
271,612 
   
Series 2007A, 5.000%, 7/01/37 – AMBAC Insured 
      
1,375 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Trinity College, 
7/14 at 100.00 
A+ 
1,538,873 
   
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– 
1,992,120 
   
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– 
1,020,989 
   
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 
879,840 
   
Series 2010G, 5.000%, 7/01/35 
      
1,500 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, 
7/13 at 100.00 
AAA 
1,567,425 
   
Series 2003X-1, 5.000%, 7/01/42 (UB) 
      
3,550 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, 
7/16 at 100.00 
AAA 
3,814,049 
   
Series 2007Z-1, 5.000%, 7/01/42 (UB) 
      
6,150 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University, 
7/17 at 100.00 
AAA 
6,695,376 
   
Series 2007Z-3, 5.050%, 7/01/42 (UB) 
      
245 
  
Connecticut Higher Education Supplemental Loan Authority, Revenue Bonds, Family Education Loan 
11/10 at 101.00 
AAA 
250,380 
   
Program, Series 1999A, 6.000%, 11/15/18 – AMBAC Insured (Alternative Minimum Tax) 
      
610 
  
Connecticut Higher Education Supplemental Loan Authority, Revenue Bonds, Family Education Loan 
11/11 at 100.00 
Aa2 
622,609 
   
Program, Series 2001A, 5.250%, 11/15/18 – NPFG 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 
1,107,000 
   
NPFG Insured 
      
1,220 
  
University of Connecticut, General Obligation Bonds, Series 2005A, 5.000%, 2/15/17 – 
2/15 at 100.00 
AAA 
1,415,310 
   
AGM Insured 
      
685 
  
University of Connecticut, General Obligation Bonds, Series 2006A, 5.000%, 2/15/23 – 
2/16 at 100.00 
AA 
766,741 
   
FGIC Insured 
      
535 
  
University of Connecticut, General Obligation Bonds, Series 2010A, 5.000%, 2/15/28 
2/20 at 100.00 
AA 
613,736 
225 
  
University of Connecticut, Student Fee Revenue Bonds, Refunding Series 2010A, 5.000%, 11/15/27 
11/19 at 100.00 
Aa2 
258,901 
1,000 
  
University of Connecticut, Student Fee Revenue Refunding Bonds, Series 2002A, 5.250%, 
11/12 at 101.00 
Aa2 
1,107,020 
   
11/15/19 – FGIC Insured 
      
29,090 
  
Total Education and Civic Organizations 
    
31,171,427 
   
Health Care – 15.2% (10.3% 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 
497,945 
700 
  
5.500%, 7/01/32 – RAAI Insured 
7/12 at 101.00 
N/R 
684,285 
645 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Eastern Connecticut 
7/11 at 100.00 
N/R 
648,057 
   
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 
811,944 
500 
  
5.000%, 7/01/23 – RAAI Insured 
7/15 at 100.00 
N/R 
499,495 
   
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– 
377,134 
150 
  
5.250%, 7/01/37 – RAAI Insured 
7/17 at 100.00 
BBB– 
144,353 
2,620 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital, 
7/16 at 100.00 
Aa3 
2,711,543 
   
Series 2006, 5.000%, 7/01/32 – AGM Insured 
      
1,395 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven 
7/16 at 100.00 
Aa3 
1,453,227 
   
Hospital, Series 2006J-1, 5.000%, 7/01/31 – AMBAC Insured 
      
3,000 
  
Connecticut Health and Educational Facilities Authority, Revenue Refunding Bonds, Middlesex 
1/11 at 100.00 
A2 
3,000,180 
   
Health Services, Series 1997H, 5.125%, 7/01/27 – NPFG Insured 
      
1,000 
  
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Ascension Health 
11/19 at 100.00 
Aa1 
1,055,020 
   
Series 2010A, 5.000%, 11/15/40 
      
350 
  
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Catholic Health East 
11/20 at 100.00 
A1 
362,880 
   
Series 2010, 4.750%, 11/15/29 
      
12,045 
  
Total Health Care 
    
12,246,063 
   
Housing/Multifamily – 2.5% (1.7% of Total Investments)
      
1,000 
  
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 1999D-2, 
12/10 at 100.00 
AAA 
1,001,020 
   
6.200%, 11/15/41 (Alternative Minimum Tax) 
      
960 
  
Connecticut Housing Finance Authority, Multifamily Housing Mortgage Finance Program Bonds, 
11/15 at 100.00 
AAA 
970,061 
   
Series 2006G-2, 4.800%, 11/15/27 (Alternative Minimum Tax) 
      
1,960 
  
Total Housing/Multifamily 
    
1,971,081 
   
Housing/Single Family – 9.7% (6.6% of Total Investments)
      
   
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2001C: 
      
1,000 
  
5.300%, 11/15/33 (Alternative Minimum Tax) 
11/10 at 100.00 
AAA 
1,000,890 
500 
  
5.450%, 11/15/43 (Alternative Minimum Tax) 
11/10 at 100.00 
AAA 
500,510 
1,675 
  
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2004-A5, 
5/13 at 100.00 
AAA 
1,710,091 
   
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 
206,587 
220 
  
4.800%, 11/15/31 (Alternative Minimum Tax) 
11/15 at 100.00 
AAA 
220,486 
2,045 
  
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2006D, 
5/16 at 100.00 
AAA 
2,122,137 
   
4.650%, 11/15/27 
      
2,000 
  
Connecticut Housing Finance Authority, Single Family Housing Mortgage Finance Program Bonds, 
11/19 at 100.00 
AAA 
2,059,180 
   
Series 2010-A2, 4.500%, 11/15/30 
      
7,645 
  
Total Housing/Single Family 
    
7,819,881 
   
Long-Term Care – 3.6% (2.4% of Total Investments)
      
320 
  
Connecticut Development Authority, First Mortgage Gross Revenue Refunding Healthcare Bonds, 
10/10 at 100.00 
BBB– 
320,544 
   
Church Homes Inc. – Congregational Avery Heights, Series 1997, 5.700%, 4/01/12 
      
540 
  
Connecticut Development Authority, First Mortgage Gross Revenue Refunding Healthcare Bonds, 
9/10 at 101.00 
BBB– 
545,972 
   
Connecticut Baptist Homes Inc., Series 1999, 5.500%, 9/01/15 – RAAI Insured 
      
   
Connecticut Development Authority, Revenue Refunding Bonds, Duncaster Inc., Series 1999A: 
      
1,000 
  
5.250%, 8/01/19 – RAAI Insured 
2/11 at 101.00 
BBB 
1,011,150 
1,000 
  
5.375%, 8/01/24 – RAAI Insured 
2/11 at 101.00 
BBB 
1,008,630 
2,860 
  
Total Long-Term Care 
    
2,886,296 
   
Tax Obligation/General – 20.8% (14.2% of Total Investments)
      
750 
  
Bridgeport, Connecticut, General Obligation Refunding Bonds, Series 2002A, 5.375%, 8/15/19 – 
8/12 at 100.00 
A1 
788,745 
   
FGIC Insured 
      
1,110 
  
Connecticut State, General Obligation Bonds, Series 2004C, 5.000%, 4/01/23 – FGIC Insured 
4/14 at 100.00 
AA 
1,235,164 
2,000 
  
Connecticut State, General Obligation Bonds, Series 2006A, 4.750%, 12/15/24 
12/16 at 100.00 
AA 
2,221,680 
1,300 
  
Connecticut State, General Obligation Bonds, Series 2006C, 5.000%, 6/01/23 – AGM Insured 
6/16 at 100.00 
AAA 
1,472,042 
500 
  
Connecticut State, General Obligation Bonds, Series 2006E, 5.000%, 12/15/20 
12/16 at 100.00 
AA 
587,860 
   
Hartford, Connecticut, General Obligation Bonds, Series 2005A: 
      
775 
  
5.000%, 8/01/20 – AGM Insured 
8/15 at 100.00 
AAA 
884,128 
525 
  
4.375%, 8/01/24 – AGM Insured 
8/15 at 100.00 
AAA 
554,143 
500 
  
New Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 11/01/17 – AMBAC Insured 
11/16 at 100.00 
A1 
575,975 
500 
  
North Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 7/15/24 
No Opt. Call 
Aa1 
625,390 
1,860 
  
Puerto Rico, General Obligation and Public Improvement Bonds, Series 2002A, 5.500%, 7/01/20 – 
No Opt. Call 
A 
2,089,710 
   
NPFG Insured 
      
1,420 
  
Regional School District 16, Connecticut, General Obligation Bonds, Series 2003, 5.000%, 
3/13 at 101.00 
A1 
1,564,229 
   
3/15/16 – AMBAC Insured 
      
   
Suffield, Connecticut, General Obligation Bonds, Series 2005: 
      
465 
  
5.000%, 6/15/17 
No Opt. Call 
AA+ 
566,179 
460 
  
5.000%, 6/15/19 
No Opt. Call 
AA+ 
570,119 
1,000 
  
5.000%, 6/15/21 
No Opt. Call 
AA+ 
1,250,240 
1,500 
  
West Hartford, Connecticut, General Obligation Bonds, Series 2005B, 5.000%, 10/01/18 
10/15 at 100.00 
AAA 
1,766,880 
14,665 
  
Total Tax Obligation/General 
    
16,752,484 
   
Tax Obligation/Limited – 25.4% (17.3% of Total Investments)
      
380 
  
Capitol Region Education Council, Connecticut, Revenue Bonds, Series 1995, 6.700%, 10/15/10 
No Opt. Call 
BBB 
381,516 
   
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 
AAA 
1,374,945 
1,000 
  
5.000%, 7/01/36 – AGC Insured 
7/16 at 100.00 
AAA 
1,047,010 
1,945 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Child Care Facilities 
1/11 at 101.00 
N/R 
1,957,409 
   
Program, Series 1999C, 5.625%, 7/01/29 – AMBAC Insured 
      
   
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 2002B: 
      
2,000 
  
5.000%, 12/01/20 – AMBAC Insured 
12/12 at 100.00 
AA 
2,165,980 
1,000 
  
5.000%, 12/01/21 – AMBAC Insured 
12/12 at 100.00 
AA 
1,081,830 
500 
  
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 2003B, 
1/14 at 100.00 
AA 
552,555 
   
5.000%, 1/01/23 – FGIC Insured 
      
1,750 
  
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Revenue Bonds, 
8/17 at 100.00 
AA 
1,945,738 
   
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 
1,191,278 
   
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 
A3 
250,656 
2,615 
  
0.000%, 7/01/33 – FGIC Insured 
No Opt. Call 
A3 
635,550 
2,000 
  
Puerto Rico Municipal Finance Agency, Series 2002A, 5.250%, 8/01/21 – AGM Insured 
8/12 at 100.00 
AAA 
2,136,720 
2,400 
  
Puerto Rico Municipal Finance Agency, Series 2005C, 5.000%, 8/01/16 – AGM Insured 
8/15 at 100.00 
AAA 
2,674,968 
975 
  
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series 
2/20 at 100.00 
A+ 
1,029,893 
   
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 
AAA 
1,088,250 
   
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 
924,320 
   
Series 2010A, 5.000%, 10/01/29 
      
21,820 
  
Total Tax Obligation/Limited 
    
20,438,618 
   
Transportation – 0.9% (0.6% of Total Investments)
      
750 
  
Connecticut, General Airport Revenue Bonds, Bradley International Airport, Series 2001A, 
4/11 at 101.00 
A 
761,010 
   
5.125%, 10/01/26 – NPFG Insured (Alternative Minimum Tax) 
      
   
U.S. Guaranteed – 9.1% (6.2% of Total Investments) (4)
      
650 
  
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Loomis Chaffee School, 
7/11 at 101.00 
N/R (4) 
684,509 
   
Series 2001D, 5.500%, 7/01/23 (Pre-refunded 7/01/11) 
      
40 
  
Connecticut, General Obligation Bonds, Series 1993E, 6.000%, 3/15/12 (ETM) 
No Opt. Call 
AA (4) 
43,542 
1,500 
  
Connecticut, General Obligation Bonds, Series 2002B, 5.500%, 6/15/21 (Pre-refunded 6/15/12) 
6/12 at 100.00 
AA (4) 
1,638,450 
600 
  
Guam Economic Development Authority, Tobacco Settlement Asset-Backed Bonds, Series 2001B, 
5/11 at 100.00 
N/R (4) 
621,558 
   
5.500%, 5/15/41 (Pre-refunded 5/15/11) 
      
1,000 
  
Puerto Rico Infrastructure Financing Authority, Special Obligation Bonds, Series 2000A, 
10/10 at 101.00 
AAA 
1,014,420 
   
5.500%, 10/01/40 (Pre-refunded 10/01/10) 
      
1,100 
  
University of Connecticut, General Obligation Bonds, Series 2003A, 5.125%, 2/15/21 
2/13 at 100.00 
AA (4) 
1,227,303 
   
(Pre-refunded 2/15/13) – NPFG Insured 
      
1,000 
  
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 1999A, 6.500%, 
10/10 at 101.00 
BBB+ (4) 
1,015,180 
   
10/01/24 (Pre-refunded 10/01/10) 
      
1,000 
  
Waterbury, Connecticut, General Obligation Bonds, Series 2002A, 5.375%, 4/01/17 (Pre-refunded 
4/12 at 100.00 
AAA 
1,080,020 
   
4/01/12) – AGM Insured 
      
6,890 
  
Total U.S. Guaranteed 
    
7,324,982 
   
Utilities – 8.2% (5.6% of Total Investments)
      
1,150 
  
Bristol Resource Recovery Facility Operating Committee, Connecticut, Solid Waste Revenue 
No Opt. Call 
A+ 
1,240,356 
   
Bonds, Covanta Bristol Inc., Series 2005, 5.000%, 7/01/12 – AMBAC Insured 
      
1,000 
  
Connecticut Development Authority, Pollution Control Revenue Refunding Bonds, Connecticut 
10/10 at 101.00 
Baa1 
1,011,580 
   
Light and Power 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 
1,079,641 
   
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 
1,756,073 
   
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: 
      
260 
  
5.500%, 1/01/14 (Alternative Minimum Tax) 
1/11 at 100.00 
BBB 
260,853 
1,290 
  
5.500%, 1/01/20 (Alternative Minimum Tax) 
1/11 at 100.00 
BBB 
1,289,948 
6,520 
  
Total Utilities 
    
6,638,451 
   
Water and Sewer – 11.3% (7.7% of Total Investments)
      
500 
  
Connecticut Development Authority, Water Facility Revenue Bonds, Aquarion Water Company 
9/17 at 100.00 
N/R 
475,745 
   
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 
1,332,023 
   
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 
1,591,425 
2,260 
  
5.000%, 8/15/35 – NPFG Insured 
11/15 at 100.00 
A1 
2,335,077 
   
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 
1,064,130 
1,075 
  
5.000%, 8/01/33 – NPFG Insured 
8/13 at 100.00 
Aa3 
1,103,982 
1,100 
  
Stamford, Connecticut, Water Pollution Control System and Facility Revenue Bonds, Series 
11/13 at 100.00 
AA+ 
1,197,220 
   
2003A, 5.000%, 11/15/32 
      
8,640 
  
Total Water and Sewer 
    
9,099,602 
$ 114,190 
  
Total Investments (cost $113,411,629) – 147.0% 
    
118,408,853 
   
Floating Rate Obligations – (9.9)% 
    
(7,965,000) 
   
MuniFund Term Preferred Shares, at Liquidation Value – (22.7)% (5) 
    
(18,300,000) 
   
Other Assets Less Liabilities – 5.1% 
    
4,117,480 
   
Auction Rate Preferred Shares, at Liquidation Value – (19.5)% (5) 
    
(15,725,000) 
   
Net Assets Applicable to Common Shares – 100% 
    
$ 80,536,333 
 
 
 
 
 
 

 
 
Fair Value Measurements
 
 
In determining the value of the Fund’s investments, various inputs are used. These inputs are 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, 2010:
 
         
 
Level 1
Level 2
Level 3
Total
Investments:
        
Municipal Bonds
$ —
$118,408,853
$ —
$118,408,853
 
 
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, 2010, the cost of investments was $105,509,498.
 
 
Gross unrealized appreciation and gross unrealized depreciation of investments at August 31, 2010, were as follows:
 
   
Gross unrealized:
  
  Appreciation
$5,664,139
  Depreciation
(726,735)
Net unrealized appreciation (depreciation) of investments
$4,937,404
 
   
(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)  
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. Such investments are normally considered to
 
be equivalent to AAA rated securities.
(5)  
MuniFund Term Preferred Shares and Auction Rate Preferred Shares, at Liquidation Value as a percentage
 
of Total Investments are 15.5% and 13.3%, respectively.
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 29, 2010        
 
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 29, 2010        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date         October 29, 2010