July 24, 2014 1:54 PM ET

Capital Markets

Company Overview of Nuveen Pennsylvania Premium Income Municipal Fund 2

Company Overview

As of February 10, 2014 Nuveen Pennsylvania Premium Income Municipal Fund 2 has been acquired by Nuveen Pennsylvania Investment Quality Municipal Fund. Nuveen Pennsylvania Premium Income Municipal Fund 2 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 Pennsylvania. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB 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 Pennsylvani...

333 West Wacker Drive

30th Floor

Chicago, IL 60606

United States

Founded in 1993

Phone:

312-917-7700

Fax:

312-917-6912

Key Executives for Nuveen Pennsylvania Premium Income Municipal Fund 2

Nuveen Pennsylvania Premium Income Municipal Fund 2 does not have any Key Executives recorded.

Nuveen Pennsylvania Premium Income Municipal Fund 2 Key Developments

Nuveen Investments Announces Reorganization of Funds

Nuveen Investments announced the reorganization of Nuveen Pennsylvania Premium Income Municipal Fund 2, Nuveen Pennsylvania Dividend Advantage Municipal Fund, Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 and Nuveen Pennsylvania Investment Quality Municipal Fund into a single, larger fund with lower operating expenses and higher share trading volume will take place after the close of business on February 7, 2014 and be effective as of February 10, 2014, with Nuveen Pennsylvania Investment Quality Municipal Fund acquiring almost all of the assets of Nuveen Pennsylvania Premium Income Municipal Fund 2, Pennsylvania Dividend Advantage Municipal Fund and Nuveen Pennsylvania Dividend Advantage Municipal Fund 2. The acquired fund MTP (Muni-Term Preferred) shares will be replaced one for one with newly issued shares of MTP from Nuveen Pennsylvania Investment Quality Municipal Fund, with relatively similar terms. The acquired fund MTP series being replaced are declaring final distributions for the period February 1, 2014 to February 9, 2014. The final distributions will be paid 3 March 2014 and the new MTP series of the acquiring fund will declare a distribution on the effective date of the merger for the period 10 February 2014 to 28 February 2014. When combined with the distributions below, the distribution will be equal to the shareholders original pre-merger monthly distribution. The new MTP series of the acquiring fund were Nuveen Pennsylvania Dividend Advantage Municipal Fund MTP and Nuveen Pennsylvania Dividend Advantage Municipal Fund 2 MTP.

Nuveen Pennsylvania Premium Income Municipal Fund 2 Announces Pre-Merger Common Share Distribution, Payable on March 3, 2014

Nuveen Investments announced pre-merger common share distribution of $0.1210 per share for Nuveen Pennsylvania Premium Income Municipal Fund 2. Record date is February 7, 2014, ex-dividend date is February 5, 2014 and payable date is March 3, 2014.

Nuveen Pennsylvania Premium Income Municipal Fund 2 Declares Monthly Tax-Free Distribution, Payable on February 3, 2014

Nuveen Pennsylvania Premium Income Municipal Fund 2 declared monthly tax-free distribution of $0.0700 per share. The dividend will be payable on February 3, 2014, to the shareholders record on January 15, 2014. Ex-dividend date is January 13, 2014.

Similar Private Companies By Industry

Company Name Region
Capital Financial Group, Inc. United States
Community Investment Services, Inc. United States
Fleming, Perry & Cox Inc. United States
StockCall.com United States
Wealth Partners Capital LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Nuveen Pennsylvania Premium Income Municipal Fund 2, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.