News Column

Nuveen Massachusetts Premium Income Municipal Fund Announces Optional Redemption Price on MuniFund Term Preferred Shares

July 8, 2014

CHICAGO--(BUSINESS WIRE)-- Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the optional redemption price payable on the MuniFund Term Preferred (MTP) shares called for redemption by the Nuveen Massachusetts Premium Income Municipal Fund(NYSE: NMT). As previously announced, the fund will redeem all of its outstanding MTP shares on July 11, 2014. The optional redemption price includes the liquidation preference of $10.00 per MTP share plus an additional amount equal to all unpaid dividends and distributions accumulated to (but excluding) the optional redemption date of July 11, 2014.



MuniFund Term Preferred


Optional Redemption

Price Per Share

NMT PrC Nuveen Massachusetts Premium Income Municipal Fund MTP 10.00736111
NMT PrD Nuveen Massachusetts Premium Income Municipal Fund MTP 10.00763889
NMT PrE Nuveen Massachusetts Premium Income Municipal Fund MTP 10.00722222
NMT PrF Nuveen Massachusetts Premium Income Municipal Fund MTP 10.00736111

Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and subsidiaries of Nuveen Investments, Inc. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments managed approximately $225 billion as of March 31, 2014. For more information, please visit the Nuveen Investments website at


Nuveen Investments

Media Contact:

Kristyna Munoz, (312) 917-8343

Source: Nuveen Investments

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Business Wire

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters