Nuveen Massachusetts Premium Fund. Replay the stock market charts of NMT day by day back to 2003. Open long and short positions without spending any money. To provide current income exempt from regular federal and Massachusetts income tax and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Funds investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued. It will invest at least 80% of its assets in investment grade quality municipal bonds (BBB/Baa or better at the time of purchase by either Moody or Standard & Poor). It may invest up to 20% of its net assets in municipal bonds that are unrated but judged to be of comparable quality by the investment adviser.
