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As of September 12, 2016, Nuveen Premium Income Municipal Fund, Inc. has been acquired by Nuveen Quality Municipal Income Fund. Nuveen Premium Income Municipal Fund, Inc. is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in tax exempt municipal bonds, with a rating of BBB/Baa or higher. It employs fundamental analysis, with bottom-up stock picking approach, to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor’s (S&P) National Municipal Bond Index. Nuveen Premium Income Municipal Fund, Inc. was formed on July 1, 1988 and domiciled in the United States.
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