Investment Company Act file number 811-7490
Nuveen Virginia Premium Income Municipal Fund
(Exact name of registrant as specified in charter)
333 West Wacker Drive, Chicago, Illinois, 60606
Address of principal executive offices) (Zip code)
Jessica R. DroegerVice 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: 05/31
Date of reporting period: 08/31/04
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 Virginia Premium Income Municipal Fund (NPV)
August 31, 2004
Principal |
Optional Call |
Market |
||||
---|---|---|---|---|---|---|
Amount (000) |
Description(1) |
Provisions* |
Ratings** |
Value |
||
Consumer Staples - 1.1% |
||||||
|
||||||
$ | 1,625 |
Puerto Rico, The Children's Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds, |
5/12 at 100.00 |
BBB |
$ 1,473,241 |
|
Series 2002, 5.375%, 5/15/33 |
||||||
Education and Civic Organizations - 9.2% |
||||||
|
||||||
3,500 |
Alexandria Industrial Development Authority, Virginia, Fixed Rate Revenue Bonds, Institute for |
10/10 at 101.00 |
AAA |
3,923,780 |
||
Defense Analyses, Series 2000A, 5.900%, 10/01/30 - AMBAC Insured |
||||||
Danville Industrial Development Authority, Virginia, Student Housing Revenue Bonds, Collegiate |
||||||
Housing Foundation, Averett College Project, Series 1999A: |
||||||
500 |
6.875%, 6/01/20 |
6/09 at 102.00 |
N/R |
472,860 |
||
1,500 |
7.000%, 6/01/30 |
6/09 at 102.00 |
N/R |
1,402,680 |
||
1,000 |
Prince William County Industrial Development Authority, Virginia, Educational Facilities Revenue |
10/13 at 101.00 |
A3 |
1,000,330 |
||
Bonds, Catholic Diocese of Arlington, Series 2003, 5.500%, 10/01/33 |
||||||
500 |
Prince William County Park Authority, Virginia, Park Facilities Revenue Refunding and Improvement |
10/09 at 101.00 |
A3 |
529,100 |
||
Bonds, Series 1999, 6.000%, 10/15/28 |
||||||
500 |
Rockbridge County Industrial Development Authority, Virginia, Horse Center Revenue and Refunding |
7/11 at 100.00 |
B2 |
438,625 |
||
Bonds, Series 2001C, 6.850%, 7/15/21 |
||||||
2,000 |
Virginia College Building Authority, Educational Facilities Revenue Bonds, Public Higher Education |
9/11 at 100.00 |
AA+ |
2,048,020 |
||
Financing Program, Series 2001A, 5.000%, 9/01/26 |
||||||
1,000 |
Virginia College Building Authority, Educational Facilities Revenue Bonds, Hampton University, |
4/10 at 101.00 |
A+ |
1,109,820 |
||
Series 2000, 6.000%, 4/01/20 |
||||||
1,635 |
Virginia Commonwealth University, Revenue Bonds, Series 2004A, 5.000%, 5/01/17 - AMBAC Insured |
5/14 at 101.00 |
AAA |
1,782,264 |
||
Healthcare - 24.8% |
||||||
|
||||||
2,000 |
Albemarle County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Martha |
10/12 at 100.00 |
A2 |
2,017,080 |
||
Jefferson Hospital, Series 2002, 5.250%, 10/01/35 |
||||||
2,000 |
Danville Industrial Development Authority, Virginia, Hospital Revenue Bonds, Danville Regional |
No Opt. Call |
AAA |
2,226,960 |
||
Medical Center, Series 1998, 5.200%, 10/01/18 - AMBAC Insured |
||||||
4,850 |
Fairfax County Industrial Development Authority, Virginia, Hospital Revenue Refunding Bonds, Inova |
No Opt. Call |
AA+ |
5,160,158 |
||
Health System Hospitals Project, Series 1993A, 5.000%, 8/15/23 |
||||||
1,200 |
Fredericksburg Industrial Development Authority, Virginia, Revenue Bonds, MediCorp Health System, |
6/12 at 100.00 |
A3 |
1,204,488 |
||
Series 2002B, 5.125%, 6/15/33 |
||||||
1,000 |
Hanover County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Memorial |
No Opt. Call |
AAA |
1,224,920 |
||
Regional Medical Center Project, Series 1995, 6.375%, 8/15/18 - MBIA Insured |
||||||
4,650 |
Hanover County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Bon Secours |
8/05 at 102.00 |
AAA |
4,857,250 |
||
Health System Projects, Series 1995, 5.500%, 8/15/25 - MBIA Insured |
||||||
1,500 |
Henrico County Economic Development Authority, Virginia, Revenue Bonds, Bon Secours Health System |
11/12 at 100.00 |
A- |
1,543,170 |
||
Inc., Series 2002A, 5.600%, 11/15/30 |
||||||
1,500 |
Henrico County Industrial Development Authority, Virginia, Healthcare Revenue Bonds, Bon Secours |
No Opt. Call |
AAA |
1,847,970 |
||
Health System Inc., Series 1996, 6.250%, 8/15/20 - MBIA Insured |
||||||
Loudoun County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Loudoun Hospital |
||||||
Center, Series 2002A: |
||||||
375 |
6.000%, 6/01/22 |
6/12 at 101.00 |
BBB |
396,409 |
||
800 |
6.100%, 6/01/32 |
6/12 at 101.00 |
BBB |
835,328 |
||
2,110 |
Manassas Industrial Development Authority, Virginia, Hospital Revenue Bonds, Prince William |
4/13 at 100.00 |
A2 |
2,145,617 |
||
Hospital, Series 2002, 5.250%, 4/01/33 |
||||||
4,750 |
Medical College of Virginia Hospitals Authority, General Revenue Bonds, Series 1998, 5.125%, 7/01/23 - |
7/08 at 102.00 |
AAA |
4,912,118 |
||
MBIA Insured |
||||||
2,500 |
Norfolk Industrial Development Authority, Virginia, Hospital Revenue Refunding Bonds, Sentara |
11/04 at 102.00 |
AA |
2,569,025 |
||
Hospitals - Norfolk, Series 1994A, 6.500%, 11/01/13 |
||||||
3,000 |
Roanoke Industrial Development Authority, Virginia, Hospital Revenue Bonds, Carilion Health System, |
7/12 at 100.00 |
AAA |
3,292,500 |
||
Series 2002A, 5.500%, 7/01/19 - MBIA Insured |
||||||
Housing/Multifamily - 3.1% |
||||||
|
||||||
1,485 |
Arlington County Industrial Development Authority, Virginia, Multifamily Housing Revenue Bonds, |
5/10 at 100.00 |
Aaa |
1,585,134 |
||
Patrick Henry Apartments, Series 2000, 6.050%, 11/01/32 (Alternative Minimum Tax) (Mandatory put |
||||||
11/01/20) |
||||||
1,495 |
Henrico County Economic Development Authority, Virginia, GNMA Mortgage-Backed Securities Beth |
7/09 at 102.00 |
AAA |
1,629,430 |
||
Sholom Assisted Living Revenue Bonds, Series 1999A, 5.900%, 7/20/29 |
||||||
1,000 |
Lynchburg Redevelopment and Housing Authority, Virginia, Vistas GNMA Mortgage-Backed Revenue Bonds, |
4/10 at 102.00 |
AAA |
1,037,730 |
||
Series 2000A, 6.200%, 1/20/40 (Alternative Minimum Tax) |
||||||
Housing/Single Family - 1.0% |
||||||
|
||||||
390 |
Puerto Rico Housing Finance Authority, Mortgage-Backed Securities Program, Home Mortgage Revenue |
6/13 at 100.00 |
AAA |
383,947 |
||
Bonds, Series 2003A, 4.875%, 6/01/34 (Alternative Minimum Tax) |
||||||
1,000 |
Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2001H-1, 5.350%, |
7/11 at 100.00 |
AAA |
1,012,590 |
||
7/01/31 - MBIA Insured |
||||||
Industrials - 1.5% |
||||||
|
||||||
2,000 |
Charles County Industrial Development Authority, Virginia, Solid Waste Disposal Facility Revenue |
No Opt. Call |
BBB |
2,082,720 |
||
Refunding Bonds, USA Waste of Virginia Inc. Project, Series 1999, 4.875%, 2/01/09 (Alternative |
||||||
Minimum Tax) |
||||||
Long-Term Care - 1.7% |
||||||
|
||||||
Winchester Industrial Development Authority, Virginia, Residential Care Facility First Mortgage |
||||||
Revenue Bonds, Westminster-Canterbury of Winchester Inc., Series 1998: |
||||||
1,350 |
5.750%, 1/01/18 |
1/05 at 100.00 |
N/R |
1,351,066 |
||
1,000 |
5.750%, 1/01/27 |
1/05 at 100.00 |
N/R |
969,960 |
||
Materials - 1.8% |
||||||
|
||||||
500 |
Bedford County Industrial Development Authority, Virginia, Industrial Development Revenue Refunding |
2/08 at 102.00 |
Ba3 |
472,100 |
||
Bonds, Nekoosa Packaging Corporation, Series 1998, 5.600%, 12/01/25 (Alternative Minimum Tax) |
||||||
1,000 |
Goochland County Industrial Development Authority, Virginia, Industrial Development Revenue |
12/08 at 101.00 |
Ba3 |
960,490 |
||
Refunding Bonds, Nekoosa Packaging Corporation Project, Series 1998, 5.650%, 12/01/25 (Alternative |
||||||
Minimum Tax) |
||||||
1,000 |
Isle of Wight County Industrial Development Authority, Virginia, Solid Waste Disposal Facilities |
5/07 at 102.00 |
BBB |
1,022,910 |
||
Revenue Bonds, Union Camp Corporation Project, Series 1997, 6.100%, 5/01/27 (Alternative Minimum |
||||||
Tax) |
||||||
Tax Obligation/General - 18.8% |
||||||
|
||||||
Chesapeake, Virginia, General Obligation Water and Sewer Bonds, Series 2003B: |
||||||
1,880 |
5.000%, 6/01/21 |
6/13 at 100.00 |
AA |
1,989,773 |
||
2,060 |
5.000%, 6/01/23 |
6/13 at 100.00 |
AA |
2,152,638 |
||
Hampton, Virginia, General Obligation Public Improvement Bonds, Series 2000: |
||||||
890 |
5.750%, 2/01/17 |
2/10 at 102.00 |
AA |
1,012,945 |
||
2,000 |
6.000%, 2/01/20 |
2/10 at 102.00 |
AA |
2,294,980 |
||
1,355 |
Harrisonburg, Virginia, General Obligation Bonds, Public Safety and Steam Plant, Series 2002, |
7/12 at 101.00 |
AAA |
1,453,224 |
||
5.000%, 7/15/19 - FGIC Insured |
||||||
585 |
Loudoun County, Virginia, General Obligation Public Improvement Bonds, Series 2002A, 5.250%, |
5/12 at 100.00 |
Aaa |
629,437 |
||
5/01/22 |
||||||
1,185 |
Lynchburg, Virginia, General Obligation Bonds, Series 2004, 5.000%, 6/01/21 |
6/14 at 100.00 |
AA |
1,266,492 |
||
Newport News, Virginia, General Obligation Bonds, General Improvement and Water Projects, |
||||||
Series 2002A: |
||||||
2,770 |
5.000%, 7/01/19 |
7/13 at 100.00 |
AA |
2,968,941 |
||
1,000 |
5.000%, 7/01/20 |
7/13 at 100.00 |
AA |
1,065,700 |
||
1,350 |
Newport News, Virginia, General Obligation Bonds, Series 2004C, 5.000%, 5/01/16 |
5/14 at 101.00 |
AA |
1,492,236 |
||
1,400 |
Northern Mariana Islands, General Obligation Bonds, Series 2000A, 6.000%, 6/01/20 - ACA Insured |
6/10 at 100.00 |
A |
1,488,116 |
||
1,000 |
Portsmouth, Virginia, General Obligation Bonds, Series 2003, 5.000%, 7/01/12 - FSA Insured |
No Opt. Call |
AAA |
1,120,490 |
||
1,480 |
Richmond, Virginia, General Obligation Bonds, Series 2004A, 5.000%, 7/15/21 - FSA Insured |
7/14 at 100.00 |
AAA |
1,575,430 |
||
1,430 |
Roanoke, Virginia, General Obligation Public Improvement Bonds, Series 2002A, 5.000%, 10/01/17 |
10/12 at 101.00 |
AA |
1,559,501 |
||
1,425 |
Virginia Beach, Virginia, General Obligation Public Improvement Bonds, Series 2001, 5.000%, |
6/11 at 101.00 |
AA+ |
1,515,473 |
||
6/01/20 |
||||||
2,155 |
Virginia Beach, Virginia, General Obligation Bonds, Series 2003B, 5.000%, 5/01/15 |
5/13 at 100.00 |
AA+ |
2,373,582 |
||
Tax Obligation/Limited - 30.4% |
||||||
|
||||||
750 |
Bristol, Virginia, General Obligation Utility System Revenue Bonds, Series 2002, 5.000%, 11/01/24 - |
11/12 at 102.00 |
AAA |
810,653 |
||
FSA Insured |
||||||
Cumberland County, Virginia, Certificates of Participation, Series 1997: |
||||||
1,075 |
6.200%, 7/15/12 |
No Opt. Call |
N/R |
1,195,776 |
||
1,350 |
6.375%, 7/15/17 |
No Opt. Call |
N/R |
1,532,817 |
||
500 |
Dinwiddie County Industrial Development Authority, Virginia, Lease Revenue Bonds, Dinwiddie County |
2/07 at 102.00 |
N/R |
523,190 |
||
School Facilities Project, Series 1997A, 6.000%, 2/01/18 |
||||||
Fairfax County Economic Development Authority, Virginia, Lease Revenue Bonds, Laurel Hill Public |
||||||
Facilities Project, Series 2003: |
||||||
2,260 |
5.000%, 6/01/14 |
6/13 at 101.00 |
AA+ |
2,508,690 |
||
2,165 |
5.000%, 6/01/22 |
6/13 at 101.00 |
AA+ |
2,286,890 |
||
1,000 |
Fairfax County Economic Development Authority, Virginia, Parking Revenue Bonds, Vienna II Metrorail |
9/09 at 102.00 |
AA |
1,150,110 |
||
Station Project, 1999 First Series, 6.000%, 9/01/18 |
||||||
Greater Richmond Convention Center Authority, Virginia, Hotel Tax Revenue Bonds, Convention Center |
||||||
Expansion Project, Series 2000: |
||||||
600 |
6.125%, 6/15/25 |
6/10 at 101.00 |
A- |
666,420 |
||
2,000 |
6.125%, 6/15/29 |
6/10 at 101.00 |
A- |
2,207,260 |
||
3,000 |
Hampton Roads Regional Jail Authority, Virginia, Regional Jail Facility Revenue Bonds, Series 1996A, |
7/06 at 102.00 |
AAA |
3,215,310 |
||
5.500%, 7/01/24 - MBIA Insured |
||||||
1,200 |
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2003AA, 5.500%, |
No Opt. Call |
AAA |
1,406,484 |
||
7/01/19 - MBIA Insured |
||||||
2,000 |
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2002D, 5.000%, |
7/12 at 100.00 |
AAA |
2,051,340 |
||
7/01/32 - FSA Insured |
||||||
Puerto Rico Public Buildings Authority, Guaranteed Government Facilities Revenue Refunding Bonds, |
||||||
Series 2002D: |
||||||
265 |
5.250%, 7/01/27 |
7/12 at 100.00 |
A- |
274,143 |
||
320 |
5.250%, 7/01/36 |
7/12 at 100.00 |
A- |
328,762 |
||
880 |
5.250%, 7/01/36 |
7/12 at 100.00 |
A- |
998,536 |
||
1,110 |
Spotsylvania County Industrial Development Authority, Virginia, Lease Revenue Bonds, School |
8/13 at 100.00 |
AAA |
1,121,000 |
||
Facilities, Series 2003B, 4.375%, 8/01/20 - AMBAC Insured |
||||||
2,000 |
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Notes, Series 1999A, 6.500%, |
10/10 at 101.00 |
BBB |
2,282,100 |
||
10/01/24 |
||||||
1,855 |
Virginia College Building Authority, Educational Facilities Revenue Bonds, 21st Century College |
No Opt. Call |
AA+ |
2,067,175 |
||
Program, Series 2004A, 5.000%, 2/01/11 |
||||||
2,250 |
Virginia College Building Authority, Educational Facilities Revenue Bonds, 21st Century College |
2/09 at 101.00 |
AA+ |
2,523,780 |
||
Program, Series 2000, 6.000%, 2/01/20 |
||||||
2,000 |
Virginia College Building Authority, Educational Facilities Revenue Bonds, 21st Century College |
2/12 at 100.00 |
AA+ |
2,089,960 |
||
Program, Series 2002A, 5.000%, 2/01/22 |
||||||
2,000 |
Virginia Public Building Authority, Public Facilities Revenue Bonds, Series 2004B, 5.000%, 8/01/11 |
No Opt. Call |
AA+ |
2,233,160 |
||
2,000 |
Virginia Public School Authority, School Financing Bonds, 1997 Resolution, Series 2000B, 5.000%, |
8/10 at 101.00 |
AA+ |
2,122,920 |
||
8/01/18 |
||||||
Virginia Resources Authority, Infrastructure Revenue Bonds, Pooled Loan Bond Program, Series 2000B: |
||||||
1,120 |
5.500%, 5/01/20 - FSA Insured |
5/10 at 101.00 |
AAA |
1,240,758 |
||
3,060 |
5.500%, 5/01/30 - FSA Insured |
5/10 at 101.00 |
AAA |
3,278,270 |
||
1,740 |
Virginia Resources Authority, Infrastructure Revenue Bonds, Pooled Loan Bond Program, Series 2002A, |
5/11 at 101.00 |
AA |
1,848,506 |
||
5.000%, 5/01/19 |
||||||
Transportation - 12.6% |
||||||
|
||||||
1,400 |
Metropolitan District of Columbia Airports Authority, Virginia, Airport System Revenue Bonds, |
10/07 at 101.00 |
Aa3 |
1,443,778 |
||
Series 1997A, 5.375%, 10/01/23 |
||||||
4,000 |
Norfolk Airport Authority, Virginia, Airport Revenue Bonds, Series 2001A, 5.125%, 7/01/31 - FGIC |
7/11 at 100.00 |
AAA |
4,095,520 |
||
Insured |
||||||
530 |
Pocahontas Parkway Association, Virginia, Route 895 Connector Toll Road Senior Lien Revenue Bonds, |
8/08 at 102.00 |
BB |
457,448 |
||
Series 1998A, 5.500%, 8/15/28 |
||||||
2,500 |
Richmond Metropolitan Authority, Virginia, Revenue Refunding Bonds, Expressway System, Series 2002, |
No Opt. Call |
AAA |
2,812,375 |
||
5.250%, 7/15/22 - FGIC Insured |
||||||
6,065 |
Virginia Port Authority, Revenue Bonds, Port Authority Facilities, Series 1997, 5.600%, 7/01/27 |
7/07 at 101.00 |
AAA |
6,394,026 |
||
(Alternative Minimum Tax) - MBIA Insured |
||||||
2,000 |
Virginia Resources Authority, Airports Revolving Fund Revenue Bonds, Series 2001A, 5.250%, 8/01/23 |
2/11 at 100.00 |
Aa2 |
2,102,620 |
||
U.S. Guaranteed*** - 8.2% |
||||||
|
||||||
395 |
Arlington County Industrial Development Authority, Virginia, Multifamily Housing Mortgage Revenue |
7/05 at 102.00 |
A*** |
416,397 |
||
Bonds, Arlington Housing Corporation, Series 1995, 5.700%, 7/01/07 (Pre-refunded to 7/01/05) |
||||||
1,380 |
Puerto Rico, The Children's Trust Fund, Tobacco Settlement Asset-Backed Bonds, Series 2000, |
7/10 at 100.00 |
AAA |
1,507,912 |
||
5.750%, 7/01/20 (Pre-refunded to 7/01/10) |
||||||
1,230 |
Middlesex County Industrial Development Authority, Virginia, Lease Revenue Bonds, School Facilities |
8/09 at 102.00 |
AAA |
1,438,178 |
||
Project, Series 1999, 6.000%, 8/01/24 (Pre-refunded to 8/01/09) - MBIA Insured |
||||||
2,500 |
Puerto Rico Infrastructure Financing Authority, Special Obligation Bonds, Series 2000A, 5.500%, |
10/10 at 101.00 |
AAA |
2,695,700 |
||
10/01/40 |
||||||
735 |
Puerto Rico Public Buildings Authority, Guaranteed Government Facilities Revenue Refunding Bonds, |
7/12 at 100.00 |
A-*** |
834,005 |
||
Series 2002D, 5.250%, 7/01/27 (Pre-refunded to 7/01/12) |
||||||
3,955 |
Virginia Resources Authority, Water and Sewerage System Revenue Bonds, Sussex Service Authority, |
10/07 at 100.00 |
AA*** |
4,371,738 |
||
Series 1995A, 5.600%, 10/01/25 (Pre-refunded to 10/01/07) |
||||||
Utilities - 11.2% |
||||||
|
||||||
Bristol, Virginia, Utility System Revenue Refunding Bonds, Series 2003: |
||||||
1,705 |
5.250%, 7/15/14 - MBIA Insured |
7/13 at 100.00 |
AAA |
1,915,602 |
||
1,800 |
5.250%, 7/15/15 - MBIA Insured |
7/13 at 100.00 |
AAA |
2,008,566 |
||
2,775 |
5.250%, 7/15/23 - MBIA Insured |
7/13 at 100.00 |
AAA |
2,968,667 |
||
2,500 |
Mecklenburg County Industrial Development Authority, Virginia, Exempt Facility Revenue Refunding |
10/12 at 100.00 |
BBB- |
2,562,925 |
||
Bonds, UAE LP Project, Series 2002, 6.500%, 10/15/17 (Alternative Minimum Tax) |
||||||
3,500 |
Richmond, Virginia, Public Utility Revenue Refunding Bonds, Series 1998A, 5.125%, 1/15/28 - FGIC |
1/08 at 101.00 |
AAA |
3,588,515 |
||
Insured |
||||||
Richmond, Virginia, Public Utility Revenue Refunding Bonds, Series 2002: |
||||||
750 |
5.000%, 1/15/27 - FSA Insured |
1/12 at 100.00 |
AAA |
768,683 |
||
1,600 |
5.000%, 1/15/33 - FSA Insured |
1/12 at 100.00 |
AAA |
1,626,032 |
||
Water and Sewer - 17.4% |
||||||
|
||||||
2,000 |
Fairfax County, Virginia, Sewer Revenue Bonds, Series 1996, 5.875%, 7/15/28 - MBIA Insured |
7/06 at 102.00 |
AAA |
2,154,900 |
||
2,000 |
Fairfax County Water Authority, Virginia, Water Revenue Bonds, Series 2000, 5.625%, 4/01/25 |
4/10 at 101.00 |
AAA |
2,194,180 |
||
Fairfax County Water Authority, Virginia, Water Revenue Refunding Bonds, Series 2002: |
||||||
2,030 |
5.375%, 4/01/19 |
4/12 at 100.00 |
AAA |
2,260,364 |
||
1,000 |
5.000%, 4/01/27 |
4/12 at 100.00 |
AAA |
1,028,740 |
||
1,650 |
Henrico County, Virginia, Water and Sewer System Revenue Refunding Bonds, Series 1999, 5.000%, |
5/09 at 102.00 |
AA+ |
1,682,868 |
||
5/01/28 |
||||||
6,200 |
Norfolk, Virginia, Water Revenue Bonds, Series 1995, 5.875%, 11/01/20 - MBIA Insured |
11/05 at 102.00 |
AAA |
6,585,206 |
||
Norfolk, Virginia, Water Revenue Refunding Bonds, Series 2001: |
||||||
1,310 |
5.000%, 11/01/21 - FGIC Insured |
11/11 at 100.00 |
AAA |
1,369,671 |
||
1,380 |
5.000%, 11/01/22 - FGIC Insured |
11/11 at 100.00 |
AAA |
1,435,076 |
||
1,955 |
Rivanna Water and Sewerage Authority, Virginia, Regional Water and Sewerage System Revenue Bonds, |
10/09 at 101.00 |
Aa3 |
2,127,411 |
||
Series 1999, 5.625%, 10/01/29 |
||||||
2,250 |
Virginia Beach, Virginia, Storm Water Utility Revenue Bonds, Series 2000, 6.000%, 9/01/24 |
9/10 at 101.00 |
Aa3 |
2,578,478 |
||
500 |
Virginia Resources Authority, Clean Water State Revolving Fund Revenue Bonds, Series 1999, 5.625%, |
10/10 at 100.00 |
AAA |
560,395 |
||
10/01/22 |
||||||
$ | 184,275 |
Total Long-Term Investments (cost $184,677,291) - 142.8% |
196,830,734 |
|||
Short-Term Investments - 1.5% |
||||||
|
||||||
2,050 |
Puerto Rico Government Development Bank, Adjustable Refunding Bonds, Variable Rate Demand |
A-1 |
2,050,000 |
|||
Obligations, Series 1985, 1.250%, 12/01/15 - MBIA Insured |
||||||
$ | 2,050 |
Total Short-Term Investments (cost $2,050,000) |
2,050,000 |
|||
Total Investments (cost $186,727,291) - 144.3% |
198,880,734 |
|||||
Other Assets Less Liabilities - 2.0% |
2,718,121 |
|||||
Preferred Shares, at Liquidation Value - (46.3)% |
(63,800,000) |
|||||
Net Assets Applicable to Common Shares - 100% |
$137,798,855 |
|||||
(1) |
All percentages shown in the Portfolio of Investments are based on net assets applicable to Common |
||
shares. |
|||
* |
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. |
|||
** |
Ratings: Using the higher of Standard & Poor's or Moody's rating. |
||
*** |
Securities are backed by an escrow or trust containing sufficient U.S. Government or U.S. Government |
||
agency securities which ensures the timely payment of principal and interest. Such securities are |
|||
normally considered to be equivalent to AAA rated securities. |
|||
N/R |
Investment is not rated. |
||
|
Security has a maturity of more than one year, but has variable rate and demand features which qualify |
||
it as a short-term security. The rate disclosed is that currently in effect. This rate changes periodically |
|||
based on market conditions or a specified market index. |
|||
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 income |
|||
on taxable market discount securities and timing differences in recognizing certain gains and losses on |
|||
security transactions. |
|||
At August 31, 2004, the cost of investments was $186,518,142. |
|||
Gross unrealized appreciation and gross unrealized depreciation of investments at August 31, 2004, |
|||
were as follows: |
|||
Gross unrealized: |
|||
Appreciation |
$12,722,727 |
||
Depreciation |
(360,135) |
||
Net unrealized appreciation of investments |
$12,362,592 |
||
Item 2. Controls and Procedures.
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 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.
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 Virginia Premium Income Municipal Fund
By (Signature and Title)* /s/ Jessica R. Droeger--Vice President and Secretary
Date 10/29/04
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--Chief Administrative Officer (Principal Executive Officer)
Date 10/29/04
By (Signature and Title)* /s/ Stephen D. Foy--Vice President and Controller (Principal Financial Officer)
Date 10/29/04
* Print the name and title of each signing officer under his or her signature.