November 16, 2016 - By Adrian Mccoy · 0 Comments
Nuveen Connecticut Premium Income Municipal Fund (NYSE:NTC) institutional sentiment decreased to 0.92 in Q2 2016. Its down -0.23, from 1.15 in 2016Q1. The ratio fall, as 12 institutional investors increased and started new equity positions, while 13 decreased and sold their stakes in Nuveen Connecticut Premium Income Municipal Fund. The institutional investors in our partner’s database now hold: 976,487 shares, down from 1.17 million shares in 2016Q1. Also, the number of institutional investors holding Nuveen Connecticut Premium Income Municipal Fund in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 10 Increased: 8 New Position: 4.
Nuveen Connecticut Premium Income Municipal Fund is a diversified closed-end management investment company. The company has a market cap of $188.41 million. The Fund seeks to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain United States territories. It currently has negative earnings. It seeks to provide attractive monthly tax-free income, portfolio diversification and attractive after tax total returns.
About 6,708 shares traded hands. Nuveen Connecticut Premium Income Mun Fd (NYSE:NTC) has declined 7.14% since April 14, 2016 and is downtrending. It has underperformed by 11.82% the S&P500.
Brave Asset Management Inc holds 0.19% of its portfolio in Nuveen Connecticut Premium Income Mun Fd for 20,000 shares. Greenwich Wealth Management Llc owns 24,187 shares or 0.15% of their US portfolio. Moreover, Thomas J. Herzfeld Advisors Inc. has 0.08% invested in the company for 10,400 shares. The New York-based Clear Harbor Asset Management Llc has invested 0.06% in the stock. Hightower Advisors Llc, a Illinois-based fund reported 177,522 shares.#img1#
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Adrian Mccoy