nq2.htm



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number 811-7616
 
Nuveen Missouri Premium Income Municipal Fund
(Exact name of registrant as specified in charter)
 
Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)
 

Kevin J. McCarthy
Vice 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:            5/31          
 
Date of reporting period:         8/31/12         
 
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 Missouri Premium Income Municipal Fund (NOM) 
     
   
August 31, 2012 
     
Principal 
   
Optional Call 
   
Amount (000) 
 
Description (1) 
Provisions (2) 
Ratings (3) 
Value 
   
Consumer Staples – 3.6% (2.3% of Total Investments) 
     
$ 1,000 
 
Missouri Development Finance Board, Solid Waste Disposal Revenue Bonds, Procter and Gamble 
No Opt. Call 
AA– 
$ 1,253,080 
   
Inc., Series 1999, 5.200%, 3/15/29 (Alternative Minimum Tax) 
     
   
Education and Civic Organizations – 8.9% (5.7% of Total Investments) 
     
250 
 
Lincoln University, Missouri, Auxillary System Revenue Bonds, Series 2007, 5.125%, 6/01/37 – 
6/17 at 100.00 
AA– 
265,543 
   
AGC Insured 
     
630 
 
Missouri Health and Educational Facilities Authority, Revenue Bonds, A.T. Still University of 
10/21 at 100.00 
A– 
706,640 
   
Health Sciences, Series 2011, 5.250%, 10/01/41 
     
700 
 
Missouri Health and Educational Facilities Authority, Revenue Bonds, Rockhurst University, 
10/18 at 103.00 
BBB 
785,372 
   
Series 2011A, 6.500%, 10/01/35 
     
550 
 
Missouri Health and Educational Facilities Authority, Revenue Bonds, Washington University, 
11/21 at 100.00 
AAA 
649,281 
   
Series 2011B, 5.000%, 11/15/37 
     
600 
 
Missouri Health and Educational Facilities Authority, Revenue Bonds, Webster University, 
4/21 at 100.00 
A2 
666,918 
   
Series 2011, 5.000%, 4/01/36 
     
2,730 
 
Total Education and Civic Organizations 
   
3,073,754 
   
Health Care – 33.4% (21.3% of Total Investments) 
     
485 
 
Cape Girardeau County Industrial Development Authority, Missouri, Health Facilities Revenue 
6/19 at 100.00 
AA– 
543,418 
   
Bonds, Saint Francis Medical Center, Series 2009A, 5.750%, 6/01/39 
     
760 
 
Cape Girardeau County Industrial Development Authority, Missouri, Health Facilities Revenue 
6/17 at 100.00 
BBB+ 
782,952 
   
Bonds, Southeast Missouri Hospital Association, Series 2007, 5.000%, 6/01/27 
     
930 
 
Cass County, Missouri, Hospital Revenue Bonds, Series 2007, 5.625%, 5/01/38 
11/16 at 100.00 
BBB– 
945,959 
480 
 
Clinton County Industrial Development Authority, Missouri, Revenue Bonds, Cameron Regional 
12/17 at 100.00 
N/R 
473,525 
   
Medical Center, Series 2007, 5.000%, 12/01/37 
     
750 
 
Joplin Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Freeman 
2/15 at 102.00 
BBB+ 
789,203 
   
Health System, Series 2004, 5.500%, 2/15/29 
     
200 
 
Joplin Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Freeman 
2/21 at 100.00 
BBB+ 
221,414 
   
Health System, Series 2011, 5.500%, 2/15/31 
     
540 
 
Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Capital 
11/20 at 100.00 
A3 
591,732 
   
Region Medical Center, Series 2011, 5.000%, 11/01/27 
     
500 
 
Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, St. 
12/21 at 100.00 
A+ 
565,090 
   
Luke’s Episcopal and Presbyterian Hospitals, Series 2011, 5.000%, 12/01/25 
     
2,000 
 
Missouri Health and Educational Facilities Authority, Health Facility Revenue Bonds, St. 
11/20 at 100.00 
A+ 
2,213,020 
   
Lukes’s Health System, Series 2010A, 5.000%, 11/15/30 
     
   
Missouri Health and Educational Facilities Authority, Revenue Bonds, BJC Health System, 
     
   
Series 2003: 
     
1,500 
 
5.125%, 5/15/25 
5/13 at 100.00 
AA 
1,541,715 
1,155 
 
5.250%, 5/15/32 
5/13 at 100.00 
AA 
1,187,294 
500 
 
Missouri Health and Educational Facilities Authority, Revenue Bonds, Lake Regional Health 
2/14 at 100.00 
BBB+ 
513,970 
   
System, Series 2003, 5.700%, 2/15/34 
     
720 
 
Saline County Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, 
12/20 at 100.00 
BBB– 
757,195 
   
John Fitzgibbon Memorial Hospital Inc., Series 2010, 5.600%, 12/01/28 
     
350 
 
St. Louis County Industrial Development Authority, Missouri, Healthcare Facilities Revenue 
11/16 at 100.00 
N/R 
355,408 
   
Bonds, Ranken-Jordan Project, Refunding Series 2007, 5.000%, 11/15/27 
     
10,870 
 
Total Health Care 
   
11,481,895 
   
Housing/Multifamily – 0.4% (0.3% of Total Investments) 
     
150 
 
Missouri Housing Development Commission, Multifamily Housing Revenue Bonds, Series 2001II, 
12/12 at 100.00 
AA 
150,446 
   
5.250%, 12/01/16 
     
   
Housing/Single Family – 2.7% (1.7% of Total Investments) 
     
350 
 
Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, Homeownership 
9/16 at 100.00 
AA+ 
364,462 
   
Loan Program, Series 2007A-1, 4.700%, 9/01/27 (Alternative Minimum Tax) 
     
535 
 
Missouri Housing Development Commission, Single Family Mortgage Revenue Bonds, Homeownership 
3/17 at 100.00 
AA+ 
549,252 
   
Loan Program, Series 2007C-1, 4.800%, 9/01/38 (Alternative Minimum Tax) 
     
885 
 
Total Housing/Single Family 
   
913,714 
   
Long-Term Care – 11.7% (7.5% of Total Investments) 
     
1,750 
 
Cole County Industrial Development Authority, Missouri, Revenue Bonds, Lutheran Senior 
2/14 at 100.00 
BBB+ 
1,779,575 
   
Services – Heisinger Project, Series 2004, 5.500%, 2/01/35 
     
500 
 
Joplin Industrial Development Authority, Missouri, Revenue Bonds, Christian Homes Inc., Series 
5/17 at 100.00 
BBB– 
522,965 
   
2007F, 5.750%, 5/15/31 
     
475 
 
Lees Summit Industrial Development Authority, Missouri, Revenue Bonds, John Knox Village 
8/17 at 100.00 
BBB– 
476,325 
   
Obligated Group, Series 2007A, 5.125%, 8/15/32 
     
250 
 
Missouri Health and Educational Facilities Authority, Revenue Bonds, Lutheran Senior Services 
2/21 at 100.00 
BBB+ 
280,583 
   
Projects, Series 2011, 6.000%, 2/01/41 
     
425 
 
St. Louis County Industrial Development Authority, Missouri, Revenue Bonds, Friendship Village 
9/22 at 100.00 
A
444,924 
   
of Sunset Hills, Series 2012, 5.000%, 9/01/42 
     
500 
 
St. Louis County Industrial Development Authority, Missouri, Revenue Bonds, Friendship Village 
9/17 at 100.00 
BBB 
515,955 
   
of West County, Series 2007A, 5.500%, 9/01/28 
     
3,900 
 
Total Long-Term Care 
   
4,020,327 
   
Materials – 2.2% (1.4% of Total Investments) 
     
750 
 
Sugar Creek, Missouri, Industrial Development Revenue Bonds, Lafarge North America Inc., 
6/13 at 101.00 
BB+ 
752,528 
   
Series 2003A, 5.650%, 6/01/37 (Alternative Minimum Tax) 
     
   
Tax Obligation/General – 17.4% (11.1% of Total Investments) 
     
600 
 
Branson Reorganized School District R-4, Taney County, Missouri, General Obligation Bonds, 
3/22 at 100.00 
A+ 
651,468 
   
School Building Series 2012, 4.375%, 3/01/32 
     
1,500 
 
Camdenton Reorganized School District R3, Camden County, Missouri, General Obligation Bonds, 
3/15 at 100.00 
AA– 
1,657,560 
   
Series 2005, 5.250%, 3/01/24 – AGM Insured 
     
1,685 
 
Independence School District, Jackson County, Missouri, General Obligation Bonds, Series 2010, 
3/20 at 100.00 
AA+ 
1,988,249 
   
5.000%, 3/01/27 
     
500 
 
Missouri School Boards Association, Lease Participation Certificates, Clay County School 
3/17 at 100.00 
AA– 
554,875 
   
District 53 Liberty, Series 2007, 5.250%, 3/01/27 – AGM Insured 
     
1,000 
 
Puerto Rico, General Obligation and Public Improvement Bonds, Series 2002A, 5.500%, 7/01/20 – 
No Opt. Call 
Baa1 
1,112,760 
   
NPFG Insured 
     
5,285 
 
Total Tax Obligation/General 
   
5,964,912 
   
Tax Obligation/Limited – 25.4% (16.2% of Total Investments) 
     
600 
 
Chesterfield, Missouri, Certificates of Participation, Series 2005, 5.000%, 12/01/24 – 
12/15 at 100.00 
Aa1 
673,080 
   
FGIC Insured 
     
80 
 
Cottleville, Missouri, Certificates of Participation, Series 2006, 5.250%, 8/01/31 
8/14 at 100.00 
N/R 
81,521 
175 
 
Fenton, Missouri, Tax Increment Revenue Bonds, Gravois Bluffs Redevelopment Project, Series 
4/14 at 100.00 
BBB+ 
179,417 
   
2006, 4.500%, 4/01/21 
     
315 
 
Fulton, Missouri, Tax Increment Revenue Bonds, Fulton Commons Redevelopment Project, Series 
6/16 at 100.00 
N/R 
266,887 
   
2006, 5.000%, 6/01/28 
     
455 
 
Government of Guam, Business Privilege Tax Bonds, Series 2012B-1, 5.000%, 1/01/42 
1/22 at 100.00 
A
501,870 
475 
 
Jackson County, Missouri, Special Obligation Bonds, Truman Medical Center Project, Series 
12/21 at 100.00 
Aa3 
534,000 
   
2011B, 4.350%, 12/01/23 
     
300 
 
Kansas City Industrial Development Authority, Missouri, Downtown Redevelpment District Revenue 
9/21 at 100.00 
AA– 
337,566 
   
Bonds, Series 2011A, 5.000%, 9/01/32 
     
475 
 
Kansas City Tax Increment Financing Commission, Missouri, Tax Increment Revenue Bonds, 
6/14 at 102.00 
N/R 
464,460 
   
Briarcliff West Project, Series 2006A, 5.400%, 6/01/24 
     
100 
 
Kansas City Tax Increment Financing Commission, Missouri, Tax Increment Revenue Bonds, Shoal 
6/16 at 100.00 
N/R 
104,650 
   
Creek Parkway Project, Series 2011, 5.000%, 6/01/21 
     
360 
 
Missouri Development Finance Board, Infrastructure Facilities Revenue Bonds, Branson Landing 
6/15 at 100.00 
A
371,300 
   
Project, Series 2005A, 5.000%, 6/01/35 
     
415 
 
Missouri Development Finance Board, Infrastructure Facilities Revenue Bonds, City of 
3/16 at 100.00 
A– 
426,313 
   
Independence, Crackerneck Creek Project, Series 2006C, 5.000%, 3/01/28 
     
450 
 
Monarch-Chesterfield Levee District, St. Louis County, Missouri, Levee District Improvement 
3/13 at 100.00 
A
451,665 
   
Bonds, Series 1999, 5.750%, 3/01/19 – NPFG Insured 
     
500 
 
Osage Beach, Missouri, Tax Increment Revenue Bonds, Prewitts Point Transportation Development 
5/13 at 101.00 
N/R 
437,985 
   
District, Series 2006, 5.000%, 5/01/23 
     
1,750 
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series 
8/19 at 100.00 
A+ 
1,964,655 
   
2009A, 6.000%, 8/01/42 
     
225 
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Senior Series 2011C, 
No Opt. Call 
AA– 
47,457 
   
0.000%, 8/01/41 
     
1,500 
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A, 0.000%, 
No Opt. Call 
AA– 
308,205 
   
8/01/41 – NPFG Insured 
     
600 
 
Riverside, Missouri, L-385 Levee Redevelopment Plan Tax Increment Revenue Bonds, Series 2004, 
5/15 at 100.00 
A
634,326 
   
5.250%, 5/01/20 
     
   
St. Joseph Industrial Development Authority, Missouri, Tax Increment Bonds, Shoppes at North 
     
   
Village Project, Series 2005A: 
     
340 
 
5.375%, 11/01/24 
11/14 at 100.00 
N/R 
341,455 
400 
 
5.500%, 11/01/27 
11/14 at 100.00 
N/R 
401,100 
200 
 
St. Joseph Industrial Development Authority, Missouri, Tax Increment Bonds, Shoppes at North 
11/14 at 100.00 
N/R 
200,550 
   
Village Project, Series 2005B, 5.500%, 11/01/27 
     
9,715 
 
Total Tax Obligation/Limited 
   
8,728,462 
   
Transportation – 15.8% (10.0% of Total Investments) 
     
500 
 
Kansas City, Missouri, Passenger Facility Charge Revenue Bonds, Kansas City International 
10/12 at 100.50 
A
503,230 
   
Airport, Series 2001, 5.000%, 4/01/23 – AMBAC Insured (Alternative Minimum Tax) 
     
1,000 
 
St. Louis Land Clearance Redevelopment Authority, Missouri, Revenue Refunding and Improvement 
3/13 at 100.00 
N/R 
1,000,720 
   
Bonds, LCRA Parking Facilities, Series 1999C, 7.000%, 9/01/19 
     
1,000 
 
St. Louis, Missouri, Airport Revenue Bonds, Lambert-St. Louis International Airport, Series 
No Opt. Call 
A– 
1,170,440 
   
2005, 5.500%, 7/01/18 – NPFG Insured 
     
2,500 
 
St. Louis, Missouri, Airport Revenue Bonds, Lambert-St. Louis International Airport, Series 
7/17 at 100.00 
AA– 
2,742,171 
   
2007A, 5.000%, 7/01/21 – AGM Insured 
     
5,000 
 
Total Transportation 
   
5,416,561 
   
U.S. Guaranteed – 13.9% (8.8% of Total Investments) (4) 
     
685 
 
Fenton, Missouri, Tax Increment Refunding and Improvement Revenue Bonds, Gravois Bluffs 
10/12 at 100.00 
AAA 
688,404 
   
Redevelopment Project, Series 2002, 6.125%, 10/01/21 (Pre-refunded 10/01/12) 
     
1,630 
 
North Kansas City School District, Missouri, General Obligation Bonds, Series 2003A, 5.000%, 
3/13 at 100.00 
AA+ (4) 
1,669,283 
   
3/01/23 (Pre-refunded 3/01/13) 
     
1,395 
 
Springfield Public Building Corporation, Missouri, Lease Revenue Bonds, Jordan Valley Park 
11/11 at 100.00 
N/R (4) 
1,395,000 
   
Projects, Series 2000A, 6.125%, 6/01/21 – AMBAC Insured (ETM) 
     
   
St. Louis County Pattonville School District R3, Missouri, General Obligation Bonds, 
     
   
Series 2004: 
     
80 
 
5.250%, 3/01/20 (Pre-refunded 3/01/14) – AGM Insured 
3/14 at 100.00 
AA (4) 
85,934 
250 
 
5.250%, 3/01/20 (Pre-refunded 3/01/14) – AGM Insured 
3/14 at 100.00 
AA– (4) 
268,543 
20 
 
5.250%, 3/01/20 (Pre-refunded 3/01/14) – AGM Insured 
3/14 at 100.00 
AA (4) 
21,493 
500 
 
St. Louis County, Missouri, GNMA Collateralized Mortgage Revenue Bonds, Series 1993D, 5.650%, 
No Opt. Call 
AA+ (4) 
633,150 
   
7/01/20 (Alternative Minimum Tax) (ETM) 
     
4,560 
 
Total U.S. Guaranteed 
   
4,761,807 
   
Utilities – 6.1% (3.9% of Total Investments) 
     
110 
 
Missouri Joint Municipal Electric Utility Commission, Iatan 2 Power Project Revenue Bonds, 
1/16 at 100.00 
A2 
116,712 
   
Series 2006A, 4.125%, 1/01/21 – AMBAC Insured 
     
500 
 
Missouri Joint Municipal Electric Utility Commission, Plum Point Project, Revenue Bonds, 
1/16 at 100.00 
A– 
521,540 
   
Series 2006, 5.000%, 1/01/34 – NPFG Insured 
     
   
Missouri Joint Municipal Electric Utility Commission, Power Supply System Revenue Bonds, MoPEP 
     
   
Facilities, Series 2012: 
     
400 
 
5.000%, 1/01/32 
1/21 at 100.00 
A2 
443,484 
425 
 
5.000%, 1/01/37 
1/21 at 100.00 
A2 
461,588 
530 
 
Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010XX, 5.250%, 7/01/40 
7/20 at 100.00 
BBB+ 
551,523 
1,965 
 
Total Utilities 
   
2,094,847 
   
Water and Sewer – 15.3% (9.8% of Total Investments) 
     
600 
 
Carroll County Public Water Supply District 1, Missouri, Water System Revenue Bonds, Refunding 
3/18 at 100.00 
A
675,894 
   
Series 2009, 6.000%, 3/01/39 
     
1,150 
 
Kansas City, Missouri, Water Revenue Bonds, Series 2012A, 4.500%, 12/01/36 
12/21 at 100.00 
AA+ 
1,279,053 
200 
 
Metropolitan St. Louis Sewerage District, Missouri, Wastewater System Revenue Bonds, Series 
5/17 at 100.00 
AAA 
227,328 
   
2006C, 5.000%, 5/01/36 – NPFG Insured 
     
2,965 
 
Missouri Environmental Improvement and Energy Resources Authority, Water Facility Revenue 
12/16 at 100.00 
AA+ 
3,076,336 
   
Bonds, Missouri-American Water Company, Series 2006, 4.600%, 12/01/36 – AMBAC Insured 
     
   
   (Alternative Minimum Tax) (UB) 
     
4,915 
 
Total Water and Sewer 
   
5,258,611 
$ 51,725 
 
Total Investments (cost $50,707,291) – 156.8% 
   
53,870,944 
   
Floating Rate Obligations – (6.5)% 
   
(2,225,000) 
   
MuniFund Term Preferred Shares, at Liquidation Value – (52.0)% (5) 
   
(17,880,000) 
   
Other Assets Less Liabilities – 1.7% 
   
598,669 
   
Net Assets Applicable to Common Shares – 100% 
   
$ 34,364,613 
 
 

 
 

 
 
Fair Value Measurements
Fair value is defined as the price that the Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
 
     Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
     Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
     Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
 
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Long-Term Investments: 
                       
     Municipal Bonds 
  $     $ 53,870,944     $     $ 53,870,944  
 
The Nuveen funds’ Board of Directors/Trustees is responsible for the valuation process and has delegated the oversight of the daily valuation process to the Adviser’s Valuation Committee. The Valuation Committee, pursuant to the valuation policies and procedures adopted by the Board of Directors/Trustees, is responsible for making fair value determinations, evaluating the effectiveness of the funds’ pricing policies, and reporting to the Board of Directors/Trustees. The Valuation Committee is aided in its efforts by the Adviser’s dedicated Securities Valuation Team, which is responsible for administering the daily valuation process and applying fair value methodologies as approved by the Valuation Committee. When determining the reliability of independent pricing services for investments owned by the funds, the Valuation Committee, among other things, conducts due diligence reviews of the pricing services and monitors the quality of security prices received through various testing reports conducted by the Securities Valuation Team.
 
The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer’s financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts’ research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.
 
For each portfolio security that has been fair valued pursuant to the policies adopted by the Board of Directors/Trustees, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such testing and fair valuation occurrences are reported to the Board of Directors/Trustees.
 
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 taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
 
At August 31, 2012, the cost of investments was $48,440,501.
   
Gross unrealized appreciation and gross unrealized depreciation of investments at August 31, 2012, were as follows: 
 
   
Gross unrealized: 
 
     Appreciation 
$3,348,816 
     Depreciation 
(143,598) 
Net unrealized appreciation (depreciation) of investments 
$3,205,218 
 
(1) 
 
All percentages shown in the Portfolio of Investments are based on net assets applicable to Common 
   
shares unless otherwise noted. 
(2) 
 
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. Certain mortgage-backed securities 
   
may be subject to periodic principal paydowns. 
(3) 
 
Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investor Service, 
   
Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s 
   
or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated 
   
by any of these national rating agencies. 
(4) 
 
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, 
   
which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or 
   
agency securities are regarded as having an implied rating equal to the rating of such securities. 
(5) 
 
MuniFund Term Preferred Shares, at Liquidation Value as a percentage of Total Investments is 33.2%. 
N/R 
 
Not rated. 
(ETM) 
 
Escrowed to maturity. 
(UB) 
 
Underlying bond of an inverse floating rate trust reflected as a financing transaction. 
 
 
 

 
 
Item 2. Controls and Procedures.

a.  
The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
 
 
b.  
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
 
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 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.

 
 
 

 
 
SIGNATURES

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 Missouri Premium Income Municipal Fund 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date:         October 30, 2012        
 
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                    
                                                    Gifford R. Zimmerman
                                                  Chief Administrative Officer (principal executive officer) 
 
Date:         October 30, 2012        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:         October 30, 2012