Favorable Media Coverage Somewhat Unlikely to Affect Nuveen Premium Income Municipal Fund (NYSE:NPI) Share Price

Media headlines about Nuveen Premium Income Municipal Fund (NYSE:NPI) have trended positive on Sunday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nuveen Premium Income Municipal Fund earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 47.3467970334687 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Separately, Canaccord Genuity reissued a “buy” rating and issued a $28.00 price objective on shares of Nuveen Premium Income Municipal Fund in a research note on Thursday, November 9th.

Shares of Nuveen Premium Income Municipal Fund (NYSE:NPI) remained flat at $$15.02 during mid-day trading on Friday. Nuveen Premium Income Municipal Fund has a twelve month low of $13.05 and a twelve month high of $15.63.

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About Nuveen Premium Income Municipal Fund

Nuveen Premium Income Municipal Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain territories of the United States.

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