Nuveen California Premium Income Municipal Fund (AMEX: NCU) today called for redemption at par all of its outstanding auction-rate preferred securities. This redemption will be funded by proceeds received from the issuance of MuniFund Term Preferred Shares (MTP). NCU is redeeming all of its $34.375 million of currently outstanding ARPS.
|Series||Cusip #||Total Shares Redeemed||Total Amount Redeemed||Redemption Date|
|M||6706L0201||1,375||$34,375,000||October 15, 2010|