Edgar Filing: NUVEEN VIRGINIA PREMIUM INCOME MUNICIPAL FUND

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 811-07490

Nuveen Virginia 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: 2/28/14

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 Virginia Premium Income Municipal Fund (NPV)
	February 28, 2014


Principal		Optional Call
Amount (000)	Description (1)	Provisions (2)	Ratings (3)	Value
	LONG-TERM INVESTMENTS – 151.9% (100.0% of Total Investments)
	MUNICIPAL BONDS – 151.9% (100.0% of Total Investments)
	Consumer Staples – 7.5% (4.9% of Total Investments)
	Guam Economic Development & Commerce Authority, Tobacco Settlement Asset-Backed Bonds,
	Series 2007A:
$ 855	5.250%, 6/01/32	6/17 at 100.00	B	$ 754,101
700	5.625%, 6/01/47	6/17 at 100.00	B	553,448
73,500	Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Bonds, Series 2005A,	5/15 at 11.19	BB–	4,681,950
	0.000%, 5/15/50
	Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
	Series 2002:
2,885	5.375%, 5/15/33	5/14 at 100.00	BBB+	2,865,959
325	5.500%, 5/15/39	5/14 at 100.00	BBB	293,849
11,425	Tobacco Settlement Financing Corporation of Virginia, Tobacco Settlement Asset Backed Bonds,	6/17 at 100.00	B–	8,048,913
	Series 2007B1, 5.000%, 6/01/47
2,145	Tobacco Settlement Financing Corporation of Virginia, Tobacco Settlement Asset-Backed Bonds,	6/17 at 100.00	B–	1,560,123
	Series 2007B2, 5.200%, 6/01/46
91,835	Total Consumer Staples			18,758,343
	Education and Civic Organizations – 8.7% (5.7% of Total Investments)
1,615	Alexandria Industrial Development Authority, Virginia, Educational Facilities Revenue Bonds,	No Opt. Call	A1	1,553,743
	Episcopal High School, Series 2012, 3.750%, 1/01/30
580	Amherst Industrial Development Authority, Virginia, Revenue Bonds, Sweet Briar College, Series	9/16 at 100.00	BBB	592,737
	2006, 5.000%, 9/01/26
1,000	Lexington Industrial Development Authority, Virginia, Educational Facilities Revenue Bonds,	6/19 at 100.00	Aa2	1,074,150
	VMI Development Board Project, Series 2006C, 5.000%, 12/01/36
1,630	Prince William County Industrial Development Authority, Virginia, Student Housing Revenue	9/21 at 100.00	A	1,702,209
	Bonds, George Mason University Foundation Prince William Housing LLC Project, Series 2011A,
	5.125%, 9/01/41
1,720	Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities	6/14 at 100.00	BBB–	1,462,206
	Financing Authority, Higher Education Revenue Refunding Bonds, Ana G. Mendez University
	System, Series 2002, 5.375%, 12/01/21
995	The Rector and Visitors of the University of Virginia, General Revenue Bonds, Series 2005,	6/15 at 100.00	AAA	1,041,685
	5.000%, 6/01/37
6,600	The Rector and Visitors of the University of Virginia, General Revenue Bonds, Series 2008,	6/18 at 100.00	AAA	7,263,168
	5.000%, 6/01/40
390	University of Puerto Rico, University System Revenue Bonds, Series 2006P, 5.000%, 6/01/14	No Opt. Call	BB+	384,610
3,570	Virginia College Building Authority, Educational Facilities Revenue Bonds, Public Higher	No Opt. Call	Aa1	3,992,724
	Education Financing Program, Series 2009A, 5.000%, 9/01/28
500	Virginia College Building Authority, Educational Facilities Revenue Refunding Bonds, Marymount	7/14 at 100.00	N/R	501,395
	University, Series 1998, 5.100%, 7/01/18 – RAAI Insured
1,635	Virginia Commonwealth University, Revenue Bonds, Series 2004A, 5.000%, 5/01/17 –
	AMBAC Insured	5/14 at 101.00	Aa2	1,664,741
500	Virginia Small Business Finance Authority, Educational Facilities Revenue Bonds, Roanoke	4/20 at 100.00	A–	534,740
	College, Series 2011, 5.750%, 4/01/41
20,735	Total Education and Civic Organizations			21,768,108
	Health Care – 28.8% (19.0% of Total Investments)
5,000	Arlington County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Virginia	7/20 at 100.00	AA–	5,283,100
	Hospital Center Arlington Health System, Refunding Series 2010, 5.000%, 7/01/31
	Charlotte County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Halifax
	Regional Hospital Incorporated, Series 2007:
1,545	5.000%, 9/01/27	9/17 at 100.00	A	1,593,915
250	5.000%, 9/01/37	9/17 at 100.00	A	254,258
2,145	Chesterfield County Economic Development Authority, Virginia, Revenue Bonds, Bon Secours	11/20 at 100.00	AA–	2,228,676
	Health, Series 2010C-2, 5.000%, 11/01/42 – AGC Insured
3,375	Colorado Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives,	1/23 at 100.00	A+	3,537,675
	Series 2013A, 5.250%, 1/01/40
1,000	Fairfax County Industrial Development Authority, Virginia, Healthcare Revenue Bonds, Inova	5/22 at 100.00	AA+	1,056,100
	Health System, Series 2012A, 5.000%, 5/15/40
3,340	Fairfax County Industrial Development Authority, Virginia, Healthcare Revenue Bonds, Inova	5/19 at 100.00	AA+	4,173,497
	Health System, Tender Option Bond Trust 11733, 15.226%, 11/15/29 (IF)
4,950	Fairfax County Industrial Development Authority, Virginia, Hospital Revenue Refunding Bonds,	No Opt. Call	AA+	5,859,068
	Inova Health System, Series 1993A, 5.000%, 8/15/23
	Fredericksburg Economic Development Authority, Virginia, Hospital Facilities Revenue Bonds,
	MediCorp Health System, Series 2007:
1,080	5.250%, 6/15/18	No Opt. Call	Baa1	1,200,755
2,500	5.250%, 6/15/23	No Opt. Call	Baa1	2,686,600
2,480	Fredericksburg Industrial Development Authority, Virginia, Revenue Bonds, MediCorp Health	6/14 at 100.00	Baa1	2,481,265
	System, Series 2002B, 5.125%, 6/15/33
680	Hanover County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Memorial	No Opt. Call	A	744,974
	Regional Medical Center, Series 1995, 6.375%, 8/15/18 – NPFG Insured
9,265	Harrisonburg Industrial Development Authority, Virginia, Hospital Facilities Revenue Bonds,	8/16 at 100.00	AA	9,562,592
	Rockingham Memorial Hospital, Series 2006, 5.000%, 8/15/31 – AMBAC Insured
1,500	Henrico County Industrial Development Authority, Virginia, Healthcare Revenue Bonds, Bon	No Opt. Call	A	1,727,865
	Secours Health System, Series 1996, 6.250%, 8/15/20 – NPFG Insured
3,155	Prince William County Industrial Development Authority, Virginia, Health Care Facilities	11/22 at 100.00	AA–	3,235,169
	Revenue Refunding Bonds, Novant Health Obligated Group-Prince William Hospital, Series 2013B,
	5.000%, 11/01/46
	Stafford County Economic Development Authority, Virginia, Hospital Facilities Revenue Bonds,
	MediCorp Health System, Series 2006:
2,000	5.250%, 6/15/25	6/16 at 100.00	Baa1	2,050,300
2,000	5.250%, 6/15/26	6/16 at 100.00	Baa1	2,042,600
2,025	5.250%, 6/15/31	6/16 at 100.00	Baa1	2,043,569
7,395	5.250%, 6/15/37	6/16 at 100.00	Baa1	7,435,673
2,550	Virginia Small Business Finance Authority, Healthcare Facilities Revenue Bonds, Sentara	5/20 at 100.00	AA	2,661,920
	Healthcare, Refunding Series 2010, 5.000%, 11/01/40
4,425	Virginia Small Business Financing Authority, Wellmont Health System Project Revenue Bonds,	9/17 at 100.00	BBB+	4,457,347
	Series 2007A, 5.250%, 9/01/37
1,620	Winchester Industrial Development Authority, Virginia, Hospital Revenue Bonds Valley Health	1/19 at 100.00	A+	1,734,745
	System Obligated Group, Series 2009E, 5.625%, 1/01/44
2,855	Winchester Industrial Development Authority, Virginia, Hospital Revenue Bonds, Winchester	1/17 at 100.00	A+	2,949,244
	Medical Center, Series 2007, 5.125%, 1/01/31
1,020	Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Aurora Health Care,	4/20 at 100.00	A	1,062,524
	Inc., Series 2010A, 5.625%, 4/15/39
68,155	Total Health Care			72,063,431
	Housing/Multifamily – 1.4% (0.9% of Total Investments)
940	Arlington County Industrial Development Authority, Virginia, Multifamily Housing Mortgage	6/14 at 100.00	AA	942,416
	Revenue Bonds, Arlington View Terrace Apartments, Series 2001, 5.150%, 11/01/31 (Mandatory
	put 11/01/19) (Alternative Minimum Tax)
400	Virginia Housing Development Authority, Rental Housing Bonds, Series 2010A, 5.000%, 4/01/45	10/19 at 100.00	AA+	411,668
530	Virginia Housing Development Authority, Rental Housing Bonds, Series 2010C, 4.550%, 8/01/32	2/20 at 100.00	AA+	548,481
1,430	Waynesboro Redevelopment and Housing Authority, Virginia, Multifamily Housing Revenue Bonds,	4/20 at 100.00	AA+	1,471,413
	Epworth Manor, GNMA Collateralized Series 2010, 5.000%, 10/20/51
3,300	Total Housing/Multifamily			3,373,978
	Housing/Single Family – 6.9% (4.6% of Total Investments)
2,740	Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2006, 4.800%,	7/15 at 100.00	AAA	2,759,125
	7/01/29 (Alternative Minimum Tax)
7,900	Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2007B, 4.750%,	7/16 at 100.00	AAA	7,955,221
	7/01/32 (Alternative Minimum Tax)
	Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2012C-5:
2,500	4.550%, 7/01/31	10/22 at 100.00	AAA	2,635,325
2,000	4.800%, 7/01/38	10/22 at 100.00	AAA	2,098,240
	Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2012C-8:
715	4.400%, 10/01/31	10/22 at 100.00	AAA	742,721
1,000	4.750%, 10/01/38	10/22 at 100.00	AAA	1,041,850
16,855	Total Housing/Single Family			17,232,482
	Long-Term Care – 9.0% (5.9% of Total Investments)
2,000	Albemarle County Industrial Development Authority, Virginia, Residential Care Facilities	1/17 at 100.00	N/R	1,929,240
	Mortgage Revenue Bonds, Westminster-Canterbury of the Blue Ridge, Series 2007, 5.000%, 1/01/31
1,000	Chesterfield County Health Center Commission, Virginia, Mortgage Revenue Bonds, Lucy Corr	12/15 at 100.00	N/R	658,330
	Village, Series 2005, 5.625%, 12/01/39
5,585	Fairfax County Economic Development Authority, Virginia, Residential Care Facilities Mortgage	10/17 at 100.00	BBB	5,669,724
	Revenue Bonds, Goodwin House, Inc., Series 2007A, 5.125%, 10/01/37
	Fairfax County Economic Development Authority, Virginia, Retirement Center Revenue Bonds,
	Greenspring Village, Series 2006A:
1,000	4.750%, 10/01/26	10/16 at 100.00	A	1,021,650
800	4.875%, 10/01/36	10/16 at 100.00	A	808,208
	Henrico County Economic Development Authority, Virginia, Residential Care Facility Revenue
	Bonds, Westminster Canterbury of Richmond, Series 2006:
100	5.000%, 10/01/27	10/17 at 100.00	BBB	102,047
4,740	5.000%, 10/01/35	4/14 at 100.00	BBB	4,794,083
3,590	Industrial Development Authority of the County of Prince William, Virginia, Residential Care	1/17 at 100.00	N/R	2,855,953
	Facility Revenue Bonds, Westminster at Lake, First Mortgage, Series 2006, 5.125%, 1/01/26
1,000	Roanoke Economic Development Authority, Virginia, Residential Care Facility Mortgage Revenue	12/22 at 100.00	N/R	889,580
	Refunding Bonds, Virginia Lutheran Homes Brandon Oaks Project, Series 2012, 4.625%, 12/01/27
1,500	Roanoke Industrial Development Authority, Virginia, Residential Revenue Bonds, Virginia	12/16 at 100.00	N/R	1,243,035
	Lutheran Homes Incorporated, Series 2006, 5.000%, 12/01/39
1,000	Suffolk Industrial Development Authority, Virginia, Retirement Facilities First Mortgage	9/16 at 100.00	N/R	962,480
	Revenue Bonds, Lake Prince Center, Series 2006, 5.300%, 9/01/31
1,000	Virginia Beach Development Authority, Virginia, Residential Care Facility Mortgage Revenue	11/15 at 100.00	N/R	1,003,910
	Bonds, Westminster Canterbury on Chesapeake Bay, Series 2005, 5.000%, 11/01/22
500	Winchester Industrial Development Authority, Virginia, Residential Care Facility Revenue	1/15 at 100.00	BBB+	502,910
	Bonds, Westminster-Canterbury of Winchester Inc., Series 2005A, 5.200%, 1/01/27
23,815	Total Long-Term Care			22,441,150
	Tax Obligation/General – 12.1% (8.0% of Total Investments)
1,440	Bristol, Virginia, General Obligation Bonds, Refunding & Improvement Series 2010,	7/20 at 100.00	Aa2	1,650,283
	5.000%, 7/15/25
3,000	Clark County School District, Nevada, General Obligation Bonds, Refunding Series 2011A,	No Opt. Call	AA–	3,043,470
	5.000%, 6/15/14
1,000	Loudoun County, Virginia, General Obligation Bonds, Public Improvement Series 2009A,	No Opt. Call	AAA	1,013,410
	4.000%, 7/01/14
1,645	Norfolk, Virginia, General Obligation Bonds, Refunding Capital Improvement Series 2013A,	No Opt. Call	AA+	1,658,209
	2.000%, 8/01/14
1,070	Norfolk, Virginia, General Obligation Bonds, Series 2005, 5.000%, 3/01/15 – NPFG Insured	No Opt. Call	AA+	1,122,291
6,050	Portsmouth, Virginia, General Obligation Bonds, Refunding Series 2010D, 5.000%, 7/15/34	7/20 at 100.00	AA	6,612,408
1,280	Portsmouth, Virginia, General Obligation Bonds, Series 2005A, 5.000%, 4/01/15 – NPFG Insured	No Opt. Call	AA	1,347,686
610	Puerto Rico, General Obligation and Public Improvement Bonds, Series 1998, 6.000%, 7/01/15 –	No Opt. Call	A	608,981
	NPFG Insured
560	Puerto Rico, General Obligation Bonds, Series 2004A, 5.000%, 7/01/15 – AGM Insured	7/14 at 100.00	AA–	560,067
1,535	Suffolk, Virginia, General Obligation Bonds, Series 2005, 5.000%, 12/01/15	No Opt. Call	AA+	1,664,631
	Virginia Beach, Virginia, General Obligation Bonds, Series 2008:
4,500	5.000%, 10/01/26 (UB)	10/17 at 100.00	AAA	5,073,390
4,500	5.000%, 10/01/27 (UB)	10/17 at 100.00	AAA	4,969,665
1,000	Virginia State, General Obligation Bonds, Series 2004B, 5.000%, 6/01/14	No Opt. Call	AAA	1,012,720
28,190	Total Tax Obligation/General			30,337,211
	Tax Obligation/Limited – 28.1% (18.5% of Total Investments)
	Buena Vista Public Recreational Facilities Authority, Virginia, Lease Revenue Bonds, Golf
	Course Project, Series 2005A:
630	5.250%, 7/15/25 – ACA Insured	7/15 at 100.00	N/R	531,909
520	5.500%, 7/15/35 – ACA Insured	7/15 at 100.00	N/R	401,497
1,340	Culpeper Industrial Development Authority, Virginia, Lease Revenue Bonds, School Facilities	1/15 at 100.00	AA–	1,393,064
	Project, Series 2005, 5.000%, 1/01/20 – NPFG Insured
1,135	Cumberland County, Virginia, Certificates of Participation, Series 1997, 6.375%, 7/15/17	No Opt. Call	N/R	1,225,130
600	Dulles Town Center Community Development Authority, Loudon County, Virginia Special Assessment	No Opt. Call	N/R	554,616
	Refunding Bonds, Dulles Town Center Project, Series 2012, 4.250%, 3/01/26
2,300	Fairfax County Economic Development Authority, Virginia, Lease Revenue Bonds, Joint Public	5/16 at 100.00	AA+	2,510,266
	Uses Community Project, Series 2006, 5.000%, 5/15/18
4,000	Fairfax County Economic Development Authority, Virginia, Transportation District Improvement	No Opt. Call	AA	4,408,360
	Revenue Bonds, Silver Line Phase 1 Project, Series 2011, 5.000%, 4/01/27
	Government of Guam, Business Privilege Tax Bonds, Series 2011A:
1,020	5.000%, 1/01/31	1/22 at 100.00	A	1,049,590
500	5.250%, 1/01/36	1/22 at 100.00	A	513,705
	Greater Richmond Convention Center Authority, Virginia, Hotel Tax Revenue Bonds, Series 2005:
2,480	5.000%, 6/15/15 – NPFG Insured	No Opt. Call	A+	2,623,741
5,700	5.000%, 6/15/30 – NPFG Insured	6/15 at 100.00	A+	5,939,001
1,270	James City County Economic Development Authority, Virginia, Lease Revenue Bonds, County	7/15 at 100.00	AA+	1,350,569
	Government Projects, Series 2005, 5.000%, 7/15/19
890	Montgomery County Industrial Development Authority, Virginia, Public Facility Lease Revenue	2/18 at 100.00	AA–	967,154
	Bonds, Public Projects Series 2008, 5.000%, 2/01/29
680	Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2003G,	7/14 at 100.00	BB+	392,176
	5.000%, 7/01/33
645	Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N, 5.500%,	No Opt. Call	Ba2	524,462
	7/01/29 – AMBAC Insured
955	Puerto Rico Highway and Transportation Authority, Subordinate Lien Highway Revenue Bonds,	7/14 at 100.00	BB+	596,226
	Series 1998, 5.000%, 7/01/28
	Puerto Rico Highway and Transportation Authority, Subordinate Lien Highway Revenue Bonds,
	Series 2003:
1,000	5.250%, 7/01/15 – FGIC Insured	7/14 at 100.00	BB+	802,280
1,500	5.250%, 7/01/17 – FGIC Insured	7/14 at 100.00	BB+	1,146,420
	Puerto Rico Infrastructure Financing Authority, Special Tax Revenue Bonds, Series 2005A:
5,085	0.000%, 7/01/29 – AMBAC Insured	No Opt. Call	BB+	1,422,122
5,000	0.000%, 7/01/43 – AMBAC Insured	No Opt. Call	BB+	443,350
5,875	Puerto Rico Infrastructure Financing Authority, Special Tax Revenue Bonds, Series 2005C,	No Opt. Call	BB+	1,785,354
	0.000%, 7/01/28 – AMBAC Insured
	Puerto Rico Public Buildings Authority, Guaranteed Government Facilities Revenue Refunding
	Bonds, Series 2002D:
665	5.250%, 7/01/27	7/14 at 100.00	BB+	501,370
320	5.250%, 7/01/36	7/14 at 100.00	BB+	232,422
3,400	Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series	8/19 at 100.00	A+	2,810,474
	2009A, 6.000%, 8/01/42
2,705	Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series	2/20 at 100.00	A+	2,103,570
	2010A, 5.500%, 8/01/42
3,195	Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series	8/20 at 100.00	A+	2,660,317
	2010C, 6.000%, 8/01/39
10,000	Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A, 0.000%,	No Opt. Call	AA–	1,649,600
	8/01/41 – NPFG Insured
5	Puerto Rico, Highway Revenue Bonds, Highway and Transportation Authority, Series 2003AA,	No Opt. Call	A	4,945
	5.500%, 7/01/18 – NPFG Insured
760	Puerto Rico, Highway Revenue Bonds, Highway and Transportation Authority, Series 2007CC,	No Opt. Call	A	702,392
	5.500%, 7/01/28 – NPFG Insured
2,490	Stafford County and Staunton Industrial Development Authority, Virginia, Revenue Bonds,	8/16 at 100.00	Baa1	2,591,667
	Virginia Municipal League and Virginia Association of Counties Finance Program, Series 2006A,
	5.000%, 8/01/23 – NPFG Insured
205	Stafford County and Staunton Industrial Development Authority, Virginia, Revenue Bonds,	2/17 at 100.00	N/R	206,349
	Virginia Municipal League and Virginia Association of Counties Finance Program, Series 2007C,
	5.000%, 2/01/37 – SYNCORA GTY Insured
5,000	Stafford County Economic Development Authority, Virginia, Lease Revenue Bonds, Public Facility	4/18 at 100.00	AA	5,322,700
	Projects, Series 2008, 5.000%, 4/01/33 – AGC Insured (UB)
1,550	Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 2003, 5.000%,	10/14 at 100.00	BBB+	1,551,581
	10/01/31 – ACA Insured
3,000	Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Senior Lien	10/20 at 100.00	BBB	3,078,600
	Series 2010A, 5.000%, 10/01/29
1,000	Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Series 2009B,	10/19 at 100.00	BBB	1,060,810
	5.000%, 10/01/25
1,950	Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Subordinate	10/20 at 100.00	Baa2	2,016,242
	Lien Series 2010B, 5.250%, 10/01/29
1,200	Virginia College Building Authority, Educational Facilities Revenue Bonds, 21st Century	No Opt. Call	AA+	1,245,192
	College Program, Series 2011A, 4.000%, 2/01/29
1,665	Virginia College Building Authority, Educational Facilities Revenue Bonds, 21st Century	2/19 at 100.00	AA+	2,301,646
	College Program, Tender Option Bond Trust 3B, 13.412%, 2/01/27 (IF) (4)
1,665	Virginia College Building Authority, Educational Facilities Revenue Bonds, 21st Century	2/19 at 100.00	AA+	2,297,800
	College Program, Tender Option Bond Trust 4B, 13.412%, 2/01/28 (IF) (4)
500	Virginia Commonwealth Transportation Board, Federal Transportation Grant Anticipation Revenue	No Opt. Call	Aa1	513,360
	Notes, Series 2012A, 5.000%, 9/15/14
2,000	Virginia Public Building Authority, Public Facilities Revenue Bonds, Series 2006, 5.000%, 8/01/15	No Opt. Call	AA+	2,137,920
475	Virginia Public Building Authority, Public Facilities Revenue Bonds, Series 2008B, 5.000%, 8/01/14	No Opt. Call	AA+	484,875
1,000	Virginia Public School Authority, School Financing Bonds, 1997 Resolution, Series 2007B,	No Opt. Call	AA+	1,020,780
	5.000%, 8/01/14
95	Virginia Resources Authority, Infrastructure Revenue Bonds, Prerefunded-Pooled Loan Bond	5/14 at 100.00	AA	95,396
	Program, Series 2002A, 5.000%, 5/01/19
2,000	Virginia Transportation Board, Transportation Revenue Bonds, Northern Virginia Transportation	No Opt. Call	AA+	2,020,940
	District Program, Series 2012A, 5.000%, 5/15/14
1,000	Virginia Transportation Board, Transportation Revenue Bonds, U.S. Route 58 Corridor	No Opt. Call	AA+	1,094,030
	Development Program, Series 2006C, 5.000%, 5/15/23
90,970	Total Tax Obligation/Limited			70,285,970
	Transportation – 22.2% (14.6% of Total Investments)
1,000	Chesapeake Bay Bridge and Tunnel Commission, Virginia, General Resolution Revenue Refunding	No Opt. Call	A	1,140,560
	Bonds, Series 1998, 5.500%, 7/01/25 – NPFG Insured
	Chesapeake, Virginia, Transportation System Senior Toll Road Revenue Bonds, Capital
	Appreciation Series 2012B:
2,000	0.000%, 7/15/32	7/28 at 100.00	BBB	1,142,040
4,125	0.000%, 7/15/40	7/28 at 100.00	BBB	2,057,426
6,700	Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Second Senior Lien	10/28 at 100.00	BBB+	5,563,814
	Revenue Bonds, Dulles Metrorail Capital Appreciation, Series 2010B, 0.000%, 10/01/44
	Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Second Senior Lien
	Revenue Bonds, Series 2009B:
4,000	0.000%, 10/01/26 – AGC Insured	No Opt. Call	AA–	2,252,640
11,825	0.000%, 10/01/34 – AGC Insured	No Opt. Call	AA–	3,861,099
1,135	0.000%, 10/01/36 – AGC Insured	No Opt. Call	AA–	323,146
5,010	0.000%, 10/01/39 – AGC Insured	No Opt. Call	AA–	1,184,013
750	Metropolitan Washington D.C. Airports Authority, Virginia, Airport System Revenue Bonds,	10/20 at 100.00	AA–	813,735
	Refunding Series 2010B, 5.000%, 10/01/26 (Alternative Minimum Tax)
1,200	Metropolitan Washington D.C. Airports Authority, Virginia, Airport System Revenue Bonds,	10/18 at 100.00	AA–	1,328,796
	Series 2009C, 5.000%, 10/01/28
	Metropolitan Washington D.C. Airports Authority, Virginia, Airport System Revenue Bonds,
	Series 2010A:
3,000	5.000%, 10/01/30	10/20 at 100.00	AA–	3,311,970
420	5.000%, 10/01/35	10/20 at 100.00	AA–	449,005
2,500	Metropolitan Washington D.C. Airports Authority, Virginia, System Revenue Bonds, Series 2007B,	10/17 at 100.00	AA–	2,560,500
	5.000%, 10/01/35 – AMBAC Insured (Alternative Minimum Tax)
3,000	Richmond Metropolitan Authority, Virginia, Revenue Refunding Bonds, Expressway System, Series	No Opt. Call	A	3,417,630
	2002, 5.250%, 7/15/22 – FGIC Insured
1,000	Route 460 Funding Corporation, Virginia, Toll Road Revenue Bonds, Series 2012A, 5.125%, 7/01/49	No Opt. Call	BBB–	1,014,390
	Route 460 Funding Corporation, Virginia, Toll Road Revenue Bonds, Series 2012B:
1,000	0.000%, 7/01/28	No Opt. Call	BBB–	463,120
2,000	0.000%, 7/01/30	No Opt. Call	BBB–	797,700
6,935	0.000%, 7/01/37	No Opt. Call	BBB–	1,771,823
15,285	0.000%, 7/01/45	No Opt. Call	BBB–	2,358,628
3,195	Virginia Port Authority, Port Facilities Revenue Refunding Bonds Series 2010, 5.000%, 7/01/40	7/19 at 100.00	Aa3	3,312,129
3,415	Virginia Port Authority, Revenue Bonds, Port Authority Facilities, Series 2006, 5.000%,	7/14 at 100.00	Aa3	3,415,956
	7/01/36 – FGIC Insured (Alternative Minimum Tax)
1,500	Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, 95 Express Lanes LLC	1/22 at 100.00	BBB–	1,464,810
	Project, Series 2012, 5.000%, 1/01/40 (Alternative Minimum Tax)
	Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River
	Crossing, Opco LLC Project, Series 2012:
500	5.250%, 1/01/32 (Alternative Minimum Tax)	7/22 at 100.00	BBB–	510,115
5,000	6.000%, 1/01/37 (Alternative Minimum Tax)	7/22 at 100.00	BBB–	5,333,750
5,500	5.500%, 1/01/42 (Alternative Minimum Tax)	7/22 at 100.00	BBB–	5,662,635
91,995	Total Transportation			55,511,430
	U.S. Guaranteed – 16.7% (11.0% of Total Investments) (5)
1,750	Bristol, Virginia, General Obligation Utility System Revenue Bonds, Series 2002, 5.000%,	No Opt. Call	AA (5)	2,060,083
	11/01/24 – AGM Insured (ETM)
1,000	Bristol, Virginia, Utility System Revenue Refunding Bonds, Series 2001, 5.000%, 7/15/21 – AGM	No Opt. Call	AA (5)	1,172,510
	Insured (ETM)
1,000	Capital Region Airport Commission, Virginia, Airport Revenue Bonds, Refunding Series 2005A,	7/15 at 100.00	AA- (5)	1,064,490
	5.000%, 7/01/18 (Pre-refunded 7/01/15) – AGM Insured
1,660	Front Royal and Warren County Industrial Development Authority, Virginia, Lease Revenue Bonds,	4/14 at 100.00	AA- (5)	1,667,487
	Series 2004B, 5.000%, 4/01/18 (Pre-refunded 4/01/14) – AGM Insured
1,000	Loudoun County Sanitation Authority, Virginia, Water and Sewerage System Revenue Bonds, Series	1/15 at 100.00	AAA	1,041,170
	2004, 5.000%, 1/01/26 (Pre-refunded 1/01/15)
1,700	Loudoun County, Virginia, General Obligation Bonds, Series 2006B, 5.000%, 12/01/25	12/16 at 100.00	AAA	1,915,118
	(Pre-refunded 12/01/16)
500	Loudoun County, Virginia, General Obligation Public Improvement Bonds, Series 2005B, 5.000%,	6/15 at 100.00	AAA	530,550
	6/01/18 (Pre-refunded 6/01/15)
1,185	Lynchburg, Virginia, General Obligation Bonds, Series 2004, 5.000%, 6/01/21	6/14 at 100.00	AA+ (5)	1,199,943
	(Pre-refunded 6/01/14)
1,000	Newport News, Virginia, General Obligation Bonds, Series 2004A, 5.000%, 7/15/17	7/14 at 101.00	Aa1 (5)	1,028,450
	(Pre-refunded 7/15/14)
2,145	Newport News, Virginia, General Obligation Bonds, Series 2004C, 5.000%, 5/01/16	5/14 at 101.00	Aa1 (5)	2,184,704
	(Pre-refunded 5/01/14)
3,000	Norfolk, Virginia, Parking System Revenue Bonds, Series 2005A, 5.000%, 2/01/23 (Pre-refunded	2/15 at 100.00	A (5)	3,134,400
	2/01/15) – NPFG Insured
580	Prince William County, Virginia, Certificates of Participation, County Facilities, Series	6/15 at 100.00	Aa1 (5)	615,287
	2005, 5.000%, 6/01/20 (Pre-refunded 6/01/15) – AMBAC Insured
145	Puerto Rico, Highway Revenue Bonds, Highway and Transportation Authority, Series 2003AA,	No Opt. Call	Baa1 (5)	173,851
	5.500%, 7/01/18 – NPFG Insured (ETM)
710	Puerto Rico, Highway Revenue Bonds, Highway and Transportation Authority, Series 2005BB,	No Opt. Call	A2 (5)	877,574
	5.250%, 7/01/22 – AGM Insured (ETM)
1,480	Richmond, Virginia, General Obligation Bonds, Series 2004A, 5.000%, 7/15/21 (Pre-refunded	7/14 at 100.00	AA+ (5)	1,507,306
	7/15/14) – AGM Insured
620	Richmond, Virginia, General Obligation Bonds, Series 2005A, 5.000%, 7/15/17 (Pre-refunded	7/15 at 100.00	AA+ (5)	661,459
	7/15/15) – AGM Insured
710	Stafford County and Staunton Industrial Development Authority, Virginia, Revenue Bonds,	8/16 at 100.00	Baa1 (5)	788,249
	Virginia Municipal League and Virginia Association of Counties Finance Program, Series 2006A,
	5.000%, 8/01/23 (Pre-refunded 8/01/16) – NPFG Insured
	Stafford County and Staunton Industrial Development Authority, Virginia, Revenue Bonds,
	Virginia Municipal League and Virginia Association of Counties Finance Program, Series 2007C:
105	5.000%, 2/01/37 (Pre-refunded 2/01/17) – SYNCORA GTY Insured	2/17 at 100.00	N/R (5)	118,931
190	5.000%, 2/01/37 (Pre-refunded 2/01/17) – SYNCORA GTY Insured	2/17 at 100.00	N/R (5)	214,673
2,135	The Rector and Visitors of the University of Virginia, General Revenue Bonds, Series 2005,	6/15 at 100.00	N/R (5)	2,262,374
	5.000%, 6/01/37 (Pre-refunded 6/01/15)
	Tobacco Settlement Financing Corporation of Virginia, Tobacco Settlement Asset-Backed Bonds,
	Series 2005:
5,065	5.500%, 6/01/26 (Pre-refunded 6/01/15)	6/15 at 100.00	Aaa	5,293,178
1,860	5.625%, 6/01/37 (Pre-refunded 6/01/15)	6/15 at 100.00	Aaa	1,986,294
2,295	Virginia Beach Development Authority, Public Facilities Revenue Bonds, Series 2005A, 5.000%,	5/15 at 100.00	AA+ (5)	2,426,136
	5/01/22 (Pre-refunded 5/01/15)
2,100	Virginia Beach, Virginia, General Obligation Bonds, Series 2005, 5.000%, 1/15/20	1/16 at 100.00	AAA	2,283,330
	(Pre-refunded 1/15/16)
30	Virginia College Building Authority, Educational Facilities Revenue Bonds, Public Higher	9/18 at 100.00	N/R (5)	35,414
	Education Financing Program, Series 2009A, 5.000%, 9/01/28 (Pre-refunded 9/01/18)
2,540	Virginia Public School Authority, School Financing Bonds, 1997 Resolution, Series 2005C,	8/15 at 100.00	AA+ (5)	2,715,082
	5.000%, 8/01/17 (Pre-refunded 8/01/15)
	Virginia Transportation Board, Transportation Revenue Bonds, U.S. Route 58 Corridor
	Development Program, Series 2004B:
2,000	5.000%, 5/15/15 (Pre-refunded 5/15/14)	5/14 at 100.00	AA+ (5)	2,021,020
750	5.000%, 5/15/17 (Pre-refunded 5/15/14)	5/14 at 100.00	AA+ (5)	757,883
39,255	Total U.S. Guaranteed			41,736,946
	Utilities – 1.9% (1.3% of Total Investments)
395	Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34	10/22 at 100.00	BBB	394,226
655	Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2007UU, 5.000%, 7/01/19 –	No Opt. Call	A	624,235
	NPFG Insured
730	Virgin Islands Water and Power Authority, Electric System Revenue Bonds, Refunding Series	7/17 at 100.00	BB+	650,437
	2007A, 5.000%, 7/01/24
3,000	Wisconsin Public Power Incorporated System, Power Supply System Revenue Bonds, Series 2005A,	7/15 at 100.00	AA+	3,132,180
	5.000%, 7/01/35 – AMBAC Insured
4,780	Total Utilities			4,801,078
	Water and Sewer – 8.6% (5.6% of Total Investments)
1,000	Fairfax County, Virginia, Sewerage Revenue Bonds, Series 2004, 5.000%, 7/15/27	No Opt. Call	AAA	1,016,690
810	Guam Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2013,	7/23 at 100.00	A–	831,360
	5.500%, 7/01/43
6,500	Hampton Roads Sanitation District, Virginia, Wastewater Revenue Bonds, Series 2012A, 5.000%,	No Opt. Call	AAA	6,992,050
	Bonds, 1/01/39
	Henry County Public Service Authority, Virginia, Water and Sewerage Revenue Refunding
	Series 2001:
1,265	5.500%, 11/15/17 – AGM Insured	No Opt. Call	AA–	1,432,421
3,000	5.500%, 11/15/19 – AGM Insured	No Opt. Call	AA–	3,544,110
3,300	Virginia Beach, Virginia, Water and Sewer System Revenue Bonds, Series 2005, 5.000%, 10/01/30	10/15 at 100.00	AAA	3,487,934
1,000	Virginia Resources Authority, Water and Sewerage System Revenue Bonds, Goochland County –	11/22 at 63.13	AA	396,820
	Tuckahoe Creek Service District Project, Series 2012, 0.000%, 11/01/34
3,050	Virginia State Resources Authority, Clean Water Revenue Bonds, Series 2007, Trust 3036,	No Opt. Call	AAA	3,681,991
	13.421%, 10/01/15 (IF)
19,925	Total Water and Sewer			21,383,376
$ 499,810	Total Long-Term Investments (cost $375,880,835)			379,693,503
	Floating Rate Obligations – (3.7)%			(9,250,000)
	Variable Rate Demand Preferred Shares, at Liquidation Value – (51.2)% (6)			(128,000,000)
	Other Assets Less Liabilities – 3.0%			7,469,570
	Net Assets Applicable to Common Shares – 100%			$ 249,913,073

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	$ —	$379,693,503	$ —	$379,693,503

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.

As of February 28, 2014, the cost of investments was $366,219,672.

Gross unrealized appreciation and gross unrealized depreciation of investments as of February 28, 2014, were as follows:


Gross unrealized:
Appreciation	$ 18,004,629
Depreciation	(13,780,798)
Net unrealized appreciation (depreciation) of investments	$ 4,223,831


(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 Investors 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)		Investment, or portion of investment, has been pledged to collateralize the net payment obligations for
		investments in inverse floating rate transactions.
(5)		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.
(6)		Variable Rate Demand Preferred Shares, at Liquidation Value as a percentage of Total Investments is 33.7%
(ETM)		Escrowed to maturity.
(IF)		Inverse floating rate investment.
(UB)		Underlying bond of an inverse floating rate trust reflected as a financing transaction.

Item 2. Controls and Procedures.

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)).

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 Virginia Premium Income Municipal Fund

By (Signature and Title) /s/ Kevin J. McCarthy

Kevin J. McCarthy

Vice President and Secretary

Date: April 29, 2014

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: April 29, 2014

By (Signature and Title) /s/ Stephen D. Foy

Stephen D. Foy

Vice President and Controller (principal financial officer)

Date: April 29, 2014