Ownership Action Report: 2016 Q2 Sentiment Nuveen Arizona Premium Income Municipal Fund (NYSE:NAZ)

November 18, 2016 - By Darrin Black   ·   0 Comments

Ownership Action Report:  2016 Q2 Sentiment Nuveen Arizona Premium Income Municipal Fund (NYSE:NAZ)

Sentiment for Nuveen Arizona Premium Income Municipal Fund (NYSE:NAZ)

Nuveen Arizona Premium Income Municipal Fund (NYSE:NAZ) institutional sentiment increased to 1.33 in 2016 Q2. Its up 1.03, from 0.3 in 2016Q1. The ratio improved, as 3 hedge funds started new or increased equity positions, while 10 sold and decreased equity positions in Nuveen Arizona Premium Income Municipal Fund. The hedge funds in our partner’s database now possess: 382,861 shares, down from 1.27 million shares in 2016Q1. Also, the number of hedge funds holding Nuveen Arizona Premium Income Municipal Fund in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 3 Increased: 2 New Position: 1.

Nuveen Arizona Premium Income Municipal Fund is a diversified, closed-end management investment company. The company has a market cap of $161.01 million. The Fund’s investment objective is 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. The Fund invests in municipal securities that are exempt from federal and Arizona state income taxes.

About 8,943 shares traded hands. Nuveen Arizona Premium Income Mun Fd (NYSE:NAZ) has declined 13.68% since April 18, 2016 and is downtrending. It has underperformed by 18.11% the S&P500.

Northside Capital Management Llc holds 0.15% of its portfolio in Nuveen Arizona Premium Income Mun Fd for 18,269 shares. Dorsey & Whitney Trust Co Llc owns 18,269 shares or 0.07% of their US portfolio. Moreover, Lpl Financial Llc has 0.02% invested in the company for 103,462 shares. The Arizona-based Ironwood Financial Llc has invested 0.01% in the stock. Wealthtrust, a Alabama-based fund reported 636 shares.#img1#

NAZ Company Profile

Nuveen Arizona Premium Income Municipal Fund, incorporated on August 24, 2012, is a diversified, closed-end management investment company. The Fund’s investment objective is 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. The Fund invests in municipal securities that are exempt from federal and Arizona state income taxes.

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By Darrin Black


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