N-Q 1 nq1.htm NPF Form N-Q

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         811-6456         

        Nuveen Premier Municipal Income Fund, Inc.         
(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:            10/31          

Date of reporting period:         1/31/08         

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 Premier Municipal Income Fund, Inc. (NPF)             
    January 31, 2008             
Principal        Optional Call         
Amount (000)    Description (1)    Provisions (2)    Ratings (3)    Value 
    Alabama – 1.3% (0.8% of Total Investments)             
$        1,000    Alabama Special Care Facilities Financing Authority, Revenue Bonds, Ascension Health, Series    11/16 at 100.00    AA   $   1,009,200 
     2006C-2, 5.000%, 11/15/39             
    Birmingham Special Care Facilities Financing Authority, Alabama, Revenue Bonds, Baptist Health             
    System Inc., Series 2005A:             
1,200     5.250%, 11/15/20    11/15 at 100.00    Baa1    1,191,624 
400     5.000%, 11/15/30    11/15 at 100.00    Baa1    364,728 
1,000    Montgomery BMC Special Care Facilities Financing Authority, Alabama, Revenue Bonds, Baptist    11/14 at 100.00    A3 (4)    1,134,140 
     Medical Center, Series 2004C, 5.250%, 11/15/29 (Pre-refunded 11/15/14)             
3,600    Total Alabama            3,699,692 
    Alaska – 1.0% (0.6% of Total Investments)             
2,000    Alaska Housing Finance Corporation, General Mortgage Revenue Bonds, Series 1999A, 6.000%,    6/09 at 101.00    AAA    2,048,080 
     6/01/49 – MBIA Insured             
1,000    Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds,    6/14 at 100.00    Baa3    842,100 
     Series 2006A, 5.000%, 6/01/46             
3,000    Total Alaska            2,890,180 
    Arizona – 7.3% (4.3% of Total Investments)             
    Glendale Industrial Development Authority, Arizona, Revenue Bonds, John C. Lincoln Health             
    Network, Series 2005B:             
100     5.250%, 12/01/24    12/15 at 100.00    BBB    101,564 
135     5.250%, 12/01/25    12/15 at 100.00    BBB    136,501 
7,000    Phoenix, Arizona, Civic Improvement Revenue Bonds, Civic Plaza, Series 2005B, 0.000%, 7/01/39 –    No Opt. Call    Aaa    5,543,720 
     FGIC Insured             
7,500    Salt River Project Agricultural Improvement and Power District, Arizona, Electric System    1/13 at 100.00    Aa1    7,865,625 
     Revenue Bonds, Series 2002B, 5.000%, 1/01/25             
6,000    Salt River Project Agricultural Improvement and Power District, Arizona, Electric System    1/12 at 101.00    Aa1    6,578,940 
     Revenue Refunding Bonds, Series 2002A, 5.250%, 1/01/15             
1,200    Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Series 2007, 5.000%, 12/01/37    No Opt. Call    AA–    1,105,032 
21,935    Total Arizona            21,331,382 
    Arkansas – 1.7% (1.0% of Total Investments)             
4,655    Arkansas Development Finance Authority, State Facility Revenue Bonds, Department of Correction    11/15 at 100.00    AAA    4,909,908 
     Special Needs Unit Project, Series 2005B, 5.000%, 11/01/25 – FSA Insured             
16    Stuttgart Public Facilities Board, Arkansas, Single Family Mortgage Revenue Refunding Bonds,    4/08 at 100.00    Aaa    15,720 
     Series 1993A, 7.900%, 9/01/11             
4,671    Total Arkansas            4,925,628 
    California – 22.8% (13.4% of Total Investments)             
3,335    Anaheim Public Finance Authority, California, Public Improvement Project Lease Revenue Bonds,    9/17 at 100.00    A    2,220,410 
     UBS Residual Series 07 1011-1013, 4.790%, 3/01/37 – FGIC Insured (IF)             
5,690    California Department of Veterans Affairs, Home Purchase Revenue Bonds, Series 2002A, 5.300%,    6/12 at 101.00    AAA    5,991,342 
     12/01/21 – AMBAC Insured             
1,800    California Educational Facilities Authority, Revenue Bonds, University of Southern California,    10/15 at 100.00    AA+    1,822,392 
     Series 2005, 4.750%, 10/01/28             
1,975    California Health Facilities Financing Authority, Revenue Bonds, Catholic Healthcare West,    No Opt. Call    A    2,107,246 
     Series 2004I, 4.950%, 7/01/26 (Mandatory put 7/01/14)             
2,500    California Health Facilities Financing Authority, Revenue Bonds, Cedars-Sinai Medical Center,    11/15 at 100.00    A2    2,527,125 
     Series 2005, 5.000%, 11/15/27             
8,000    California Infrastructure Economic Development Bank, First Lien Revenue Bonds, San Francisco    1/28 at 100.00    AAA    8,886,400 
     Bay Area Toll Bridge, Series 2003A, 5.000%, 7/01/33 (Pre-refunded 1/01/28) – AMBAC             
     Insured (UB)             
500    California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity    7/15 at 100.00    BBB+    456,195 
     Health System, Series 2005A, 5.000%, 7/01/39             
1,600    California Statewide Community Development Authority, Revenue Bonds, Kaiser Permanente System,    8/16 at 100.00    A+    1,628,528 
     Series 2001C, 5.250%, 8/01/31             
    California, General Obligation Bonds, Series 2004:             
4,000     5.000%, 2/01/23    2/14 at 100.00    A+    4,109,440 
4,900     5.000%, 6/01/23 – AMBAC Insured    12/14 at 100.00    AAA    5,049,744 
1,000    Chula Vista, California, Industrial Development Revenue Bonds, San Diego Gas and Electric    6/14 at 102.00    A2    1,044,710 
     Company, Series 1996A, 5.300%, 7/01/21             
28,000    Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Series    No Opt. Call    AAA    20,352,080 
     1995A, 0.000%, 1/01/17 (ETM)             
3,500    Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement    6/17 at 100.00    BBB    3,032,155 
     Asset-Backed Bonds, Series 2007A-1, 5.125%, 6/01/47             
450    Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed    6/13 at 100.00    AAA    533,304 
     Bonds, Series 2003A-1, 6.750%, 6/01/39 (Pre-refunded 6/01/13)             
6,005    Los Angeles Unified School District, California, General Obligation Bonds, Series 2005E,    7/15 at 100.00    AAA    6,382,955 
     5.000%, 7/01/22 – AMBAC Insured             
    San Diego County, California, Certificates of Participation, Burnham Institute, Series 2006:             
100     5.000%, 9/01/21    9/15 at 102.00    Baa3    101,326 
110     5.000%, 9/01/23    9/15 at 102.00    Baa3    110,286 
73,465    Total California            66,355,638 
    Colorado – 6.8% (4.0% of Total Investments)             
1,000    Colorado Health Facilities Authority, Revenue Bonds, Evangelical Lutheran Good Samaritan    6/16 at 100.00    A–    974,960 
     Society, Series 2005, 5.000%, 6/01/29             
1,150    Colorado Health Facilities Authority, Revenue Bonds, Parkview Medical Center, Series 2004,    9/14 at 100.00    A3    1,158,579 
     5.000%, 9/01/25             
400    Colorado Health Facilities Authority, Revenue Bonds, Poudre Valley Health Care, Series 2005F,    3/15 at 100.00    BBB+    395,680 
     5.000%, 3/01/25             
1,000    Colorado Health Facilities Authority, Revenue Bonds, Poudre Valley Healthcare Inc., Series    12/09 at 101.00    Aaa    1,074,050 
     1999A, 5.750%, 12/01/23 (Pre-refunded 12/01/09) – FSA Insured             
750    Colorado Health Facilities Authority, Revenue Bonds, Vail Valley Medical Center, Series 2004,    1/15 at 100.00    BBB+    775,560 
     5.000%, 1/15/17             
    Denver City and County, Colorado, Airport Revenue Bonds, Series 2006:             
3,680     4.481%, 11/15/23 – FGIC Insured (IF)    11/16 at 100.00    AAA    3,919,973 
2,270     4.481%, 11/15/24 – FGIC Insured (IF)    11/16 at 100.00    AAA    2,418,027 
8,930     5.000%, 11/15/25 – FGIC Insured (UB)    11/16 at 100.00    A+    9,085,024 
19,180    Total Colorado            19,801,853 
    Connecticut – 0.7% (0.4% of Total Investments)             
2,000    Connecticut Development Authority, Pollution Control Revenue Refunding Bonds, Connecticut    10/08 at 102.00    Baa1    2,049,060 
     Light and Power Company, Series 1993A, 5.850%, 9/01/28             
    Florida – 1.8% (1.1% of Total Investments)             
1,700    Hillsborough County Industrial Development Authority, Florida, Exempt Facilities Remarketed    4/10 at 101.00    N/R    1,746,223 
     Revenue Bonds, National Gypsum Company, Apollo Beach Project, Series 2000B, 7.125%, 4/01/30             
     (Alternative Minimum Tax)             
2,500    Hillsborough County Industrial Development Authority, Florida, Pollution Control Revenue    10/12 at 100.00    Baa2    2,585,625 
     Bonds, Tampa Electric Company Project, Series 2002, 5.100%, 10/01/13             
1,000    South Miami Health Facilities Authority, Florida, Hospital Revenue, Baptist Health System    8/17 at 100.00    AA–    986,210 
     Obligation Group, Series 2007, 5.000%, 8/15/42             
5,200    Total Florida            5,318,058 
    Georgia – 4.4% (2.6% of Total Investments)             
8,000    George L. Smith II World Congress Center Authority, Atlanta, Georgia, Revenue Refunding Bonds,    7/10 at 101.00    AAA    8,281,600 
     Domed Stadium Project, Series 2000, 5.500%, 7/01/20 – MBIA Insured (Alternative Minimum Tax)             
4,105    Municipal Electric Authority of Georgia, Combustion Turbine Revenue Bonds, Series 2003A,    11/13 at 100.00    AAA    4,504,375 
     5.125%, 11/01/17 – MBIA Insured             
12,105    Total Georgia            12,785,975 
    Hawaii – 0.8% (0.5% of Total Investments)             
2,250    Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaiian Electric    1/09 at 101.00    AAA    2,311,740 
     Company Inc., Series 1999D, 6.150%, 1/01/20 – AMBAC Insured (Alternative Minimum Tax)             
    Idaho – 0.2% (0.1% of Total Investments)             
85    Idaho Housing and Finance Association, Single Family Mortgage Bonds, Series 1996E, 6.350%,    7/08 at 100.00    Aa1    87,531 
     7/01/14 (Alternative Minimum Tax)             
500    Madison County, Idaho, Hospital Revenue Certificates of Participation, Madison Memorial    9/16 at 100.00    BBB–    469,755 
     Hospital, Series 2006, 5.250%, 9/01/26             
585    Total Idaho            557,286 
    Illinois – 13.6% (8.0% of Total Investments)             
8,300    Chicago Greater Metropolitan Area Sanitary District, Illinois, General Obligation Bonds, Series    12/16 at 100.00    AAA    9,480,509 
     2006, 5.000%, 12/01/35 (UB)             
655    Chicago Public Building Commission, Illinois, General Obligation Lease Certificates, Chicago    No Opt. Call    AAA    747,486 
     Board of Education, Series 1990B, 7.000%, 1/01/15 – MBIA Insured (ETM)             
8,670    Chicago, Illinois, General Obligation Bonds, City Colleges, Series 1999, 0.000%, 1/01/24 –    No Opt. Call    Aaa    4,006,060 
     FGIC Insured             
8,500    Chicago, Illinois, Senior Lien Water Revenue Bonds, Series 2001, 5.750%, 11/01/30 –    No Opt. Call    AAA    9,995,830 
     AMBAC Insured             
200    Illinois Finance Authority, Revenue Bonds, Proctor Hospital, Series 2006, 5.125%, 1/01/25    1/16 at 100.00    BBB–    189,168 
1,000    Illinois Health Facilities Authority, Revenue Bonds, Condell Medical Center, Series 2002,    5/12 at 100.00    Baa2    1,000,100 
     5.500%, 5/15/32             
1,500    Illinois, General Obligation Bonds, Illinois FIRST Program, Series 2002, 5.500%, 2/01/17 –    2/12 at 100.00    Aaa    1,637,220 
     FGIC Insured             
    Lombard Public Facilities Corporation, Illinois, Second Tier Conference Center and Hotel             
    Revenue Bonds, Series 2005B:             
850     5.250%, 1/01/25    1/16 at 100.00    AA–    870,128 
1,750     5.250%, 1/01/30    1/16 at 100.00    AA–    1,760,623 
    Metropolitan Pier and Exposition Authority, Illinois, Revenue Refunding Bonds, McCormick Place             
    Expansion Project, Series 1996A:             
10,575     0.000%, 12/15/23 – MBIA Insured    No Opt. Call    AAA    5,050,937 
10,775     0.000%, 12/15/24 – MBIA Insured    No Opt. Call    AAA    4,864,051 
52,775    Total Illinois            39,602,112 
    Indiana – 3.1% (1.8% of Total Investments)             
2,275    Anderson School Building Corporation, Madison County, Indiana, First Mortgage Bonds, Series    1/14 at 100.00    AAA    2,600,780 
     2003, 5.500%, 7/15/23 (Pre-refunded 1/15/14) – FSA Insured             
6,180    Crown Point Multi-School Building Corporation, Indiana, First Mortgage Bonds, Crown Point    No Opt. Call    AAA    3,067,010 
     Community School Corporation, Series 2000, 0.000%, 1/15/23 – MBIA Insured             
1,250    Portage, Indiana, Revenue Bonds, Series 2006, 5.000%, 7/15/23    7/16 at 100.00    BBB+    1,243,975 
1,000    St. Joseph County Hospital Authority, Indiana, Revenue Bonds, Madison Center Inc., Series    2/15 at 100.00    BBB    950,630 
     2005, 5.250%, 2/15/28             
1,190    St. Joseph County PHM Elementary/Middle School Building Corporation, Indiana, First Mortgage    No Opt. Call    A    1,220,000 
     Bonds, Series 1994, 6.300%, 1/15/09             
11,895    Total Indiana            9,082,395 
    Iowa – 1.3% (0.7% of Total Investments)             
4,000    Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C,    6/15 at 100.00    BBB    3,685,680 
     5.500%, 6/01/42             
    Kentucky – 0.2% (0.1% of Total Investments)             
510    Louisville and Jefferson County Metropolitan Government, Kentucky, Industrial Building Revenue    10/16 at 100.00    N/R    497,648 
     Bonds, Sisters of Mercy of the Americas, Series 2006, 5.000%, 10/01/35             
    Louisiana – 6.0% (3.5% of Total Investments)             
1,310    Louisiana Housing Finance Agency, GNMA Collateralized Mortgage Revenue Bonds, St. Dominic    3/08 at 101.00    AAA    1,325,628 
     Assisted Care Facility, Series 1995, 6.850%, 9/01/25             
1,500    Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project,    5/17 at 100.00    A3    1,511,580 
     Series 2007A, 5.500%, 5/15/47             
    Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Series 2006:             
825     4.750%, 5/01/39 – FSA Insured (UB)    5/16 at 100.00    AAA    825,784 
5     4.500%, 5/01/41 – FGIC Insured (IF)    5/16 at 100.00    AA    3,938 
8,880     4.500%, 5/01/41 – FGIC Insured (UB)    5/16 at 100.00    AAA    8,251,474 
3,950    Morehouse Parish, Louisiana, Pollution Control Revenue Bonds, International Paper Company,    No Opt. Call    BBB    4,207,106 
     Series 2002A, 5.700%, 4/01/14             
1,375    Tobacco Settlement Financing Corporation, Louisiana, Tobacco Settlement Asset-Backed Bonds,    5/11 at 101.00    BBB    1,340,295 
     Series 2001B, 5.875%, 5/15/39             
17,845    Total Louisiana            17,465,805 
    Maine – 1.4% (0.8% of Total Investments)             
4,035    Maine State Housing Authority, Single Family Mortgage Purchase Bonds, Series 2004A-2, 5.000%,    5/13 at 100.00    AA+    4,117,314 
     11/15/21 (Alternative Minimum Tax)             
    Maryland – 1.2% (0.7% of Total Investments)             
2,000    Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, MedStar Health,    8/14 at 100.00    A3    2,045,260 
     Series 2004, 5.375%, 8/15/24             
1,550    Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Western Maryland    7/16 at 100.00    AAA    1,494,913 
     Health, Series 2006A, 4.750%, 7/01/36 – MBIA Insured (UB)             
3,550    Total Maryland            3,540,173 
    Massachusetts – 1.5% (0.9% of Total Investments)             
1,000    Massachusetts Development Finance Authority, Revenue Bonds, Hampshire College, Series 2004,    10/14 at 100.00    BBB    1,036,420 
     5.625%, 10/01/24             
3,000    Massachusetts, Special Obligation Dedicated Tax Revenue Bonds, Series 2004, 5.250%, 1/01/24    1/14 at 100.00    Aaa    3,381,570 
     (Pre-refunded 1/01/14) – FGIC Insured             
4,000    Total Massachusetts            4,417,990 
    Michigan – 4.1% (2.4% of Total Investments)             
2,925    Detroit, Michigan, General Obligation Bonds, Series 2003A, 5.250%, 4/01/17 – XLCA Insured    4/13 at 100.00    AAA    3,108,017 
4,600    Detroit, Michigan, Sewer Disposal System Revenue Bonds, Second Lien, Series 2006B, 4.625%,    7/16 at 100.00    Aaa    4,338,766 
     7/01/34 – FGIC Insured             
1,000    Michigan State Hospital Finance Authority, Revenue Bonds, Trinity Health Care Group, Series    12/16 at 100.00    AA    1,005,250 
     2006A, 5.000%, 12/01/31             
170    Monroe County Hospital Finance Authority, Michigan, Mercy Memorial Hospital Corporation    6/16 at 100.00    Baa3    154,615 
     Revenue Bonds, Series 2006, 5.500%, 6/01/35             
3,025    Wayne County, Michigan, Airport Revenue Refunding Bonds, Detroit Metropolitan Airport, Series    12/12 at 100.00    Aaa    3,265,972 
     2002C, 5.375%, 12/01/19 – FGIC Insured             
11,720    Total Michigan            11,872,620 
    Minnesota – 5.2% (3.0% of Total Investments)             
4,350    Cohasset, Minnesota, Pollution Control Revenue Bonds, Allete Inc., Series 2004, 4.950%, 7/01/22    7/14 at 100.00    A–    4,388,367 
1,000    Duluth Economic Development Authority, Minnesota, Healthcare Facilities Revenue Bonds,    2/14 at 100.00    A–    1,038,930 
     Benedictine Health System – St. Mary’s Duluth Clinic, Series 2004, 5.250%, 2/15/21             
2,290    Minneapolis-St. Paul Housing and Redevelopment Authority, Minnesota, Revenue Bonds,    12/13 at 100.00    Baa1    2,437,178 
     HealthPartners Inc., Series 2003, 6.000%, 12/01/20             
    Minnesota Higher Education Facilities Authority, Revenue Bonds, University of St. Thomas,             
    Series 2004-5Y:             
530     5.250%, 10/01/19    10/14 at 100.00    A2    563,300 
1,500     5.250%, 10/01/34    10/14 at 100.00    A2    1,525,605 
665    Minnesota Higher Education Facilities Authority, Revenue Bonds, University of St. Thomas,    4/16 at 100.00    A2    685,868 
     Series 2006-6I, 5.000%, 4/01/23             
1,000    Minnesota Municipal Power Agency, Electric Revenue Bonds, Series 2004A, 5.250%, 10/01/19    10/14 at 100.00    A3    1,071,250 
3,000    St. Paul Port Authority, Minnesota, Lease Revenue Bonds, Office Building at Cedar Street,    12/13 at 100.00    AA+    3,305,460 
     Series 2003, 5.250%, 12/01/20             
14,335    Total Minnesota            15,015,958 
    Mississippi – 0.8% (0.5% of Total Investments)             
2,325    Mississippi Hospital Equipment and Facilities Authority, Revenue Bonds, Baptist Memorial    9/14 at 100.00    N/R    2,355,481 
     Healthcare, Series 2004B-1, 5.000%, 9/01/24             
    Missouri – 1.1% (0.6% of Total Investments)             
100    Hannibal Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Hannibal    3/16 at 100.00    BBB+    101,089 
     Regional Hospital, Series 2006, 5.000%, 3/01/22             
2,880    Joplin Industrial Development Authority, Missouri, Health Facilities Revenue Bonds, Freeman    2/15 at 102.00    BBB+    2,997,446 
     Health System, Series 2004, 5.500%, 2/15/24             
2,980    Total Missouri            3,098,535 
    Nebraska – 2.9% (1.7% of Total Investments)             
1,580    Douglas County Hospital Authority 2, Nebraska, Health Facilities Revenue Bonds, Nebraska    No Opt. Call    A1    1,708,802 
     Medical Center, Series 2003, 5.000%, 11/15/16             
1,760    Grand Island, Nebraska, Electric System Revenue Bonds, Series 1977, 6.100%, 9/01/12 (ETM)    3/08 at 100.00    AAA    1,906,872 
2,350    NebHelp Inc., Nebraska, Senior Subordinate Bonds, Student Loan Program, Series 1993A-5B,    No Opt. Call    Aaa    2,525,686 
     6.250%, 6/01/18 – MBIA Insured (Alternative Minimum Tax)             
2,300    Omaha Public Power District, Nebraska, Separate Electric System Revenue Bonds, Nebraska City    2/17 at 100.00    AAA    2,359,846 
     2, Series 2006A, 5.000%, 2/01/49 – AMBAC Insured (UB)             
7,990    Total Nebraska            8,501,206 
    New Hampshire – 1.8% (1.1% of Total Investments)             
5,000    New Hampshire Housing Finance Authority, FHLMC Multifamily Housing Remarketed Revenue Bonds,    7/10 at 101.00    Aaa    5,156,900 
     Countryside LP, Series 1994, 6.100%, 7/01/24 (Alternative Minimum Tax)             
190    New Hampshire Municipal Bond Bank, Revenue Bonds, Coe-Brown Northwood Academy, Series 1994,    No Opt. Call    N/R    192,031 
     7.250%, 5/01/09             
5,190    Total New Hampshire            5,348,931 
    New Jersey – 5.8% (3.4% of Total Investments)             
1,000    New Jersey Economic Development Authority, School Facilities Construction Bonds, Series 2005P,    9/15 at 100.00    AA–    1,074,610 
     5.250%, 9/01/24             
    New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2006C:             
25,000     0.000%, 12/15/35 – AMBAC Insured (UB)    No Opt. Call    AAA    5,993,986 
10,000     0.000%, 12/15/36 – AMBAC Insured (UB)    No Opt. Call    AAA    2,271,396 
3,000    New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2003C,    6/13 at 100.00    AAA    3,418,650 
     5.500%, 6/15/24 (Pre-refunded 6/15/13)             
1,500    New Jersey Turnpike Authority, Revenue Bonds, Series 2003A, 5.000%, 1/01/19 – FGIC Insured    7/13 at 100.00    Aaa    1,603,605 
2,500    New Jersey Turnpike Authority, Revenue Bonds, Series 2005A, 5.000%, 1/01/25 – FSA Insured    1/15 at 100.00    AAA    2,638,075 
43,000    Total New Jersey            17,000,322 
    New York – 22.7% (13.3% of Total Investments)             
10,000    Dormitory Authority of the State of New York, Revenue Bonds, State University Educational    5/10 at 101.00    AAA    10,812,200 
     Facilities Revenue Bonds, 1999 Resolution, Series 2000B, 5.500%, 5/15/30 (Pre-refunded             
     5/15/10) – FSA Insured             
1,500    Dormitory Authority of the State of New York, State and Local Appropriation Lease Bonds,    7/14 at 100.00    AA–    1,629,000 
     Upstate Community Colleges, Series 2004B, 5.250%, 7/01/19             
10    Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Driver Trust 1649, 2006,    2/17 at 100.00    AAA    8,648 
     6.915%, 2/15/47 – MBIA Insured (IF)             
2,180    Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A,    2/17 at 100.00    AAA    2,081,726 
     4.500%, 2/15/47 – MBIA Insured (UB)             
7,500    Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A,    6/16 at 100.00    AAA    7,656,300 
     5.000%, 12/01/25 – FGIC Insured (UB)             
3,200    Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2005F,    11/15 at 100.00    A    3,275,424 
     5.000%, 11/15/30             
5,000    Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,    11/12 at 100.00    Aaa    5,379,100 
     Series 2002A, 5.125%, 11/15/21 – FGIC Insured             
4,000    New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue    12/14 at 100.00    AAA    4,230,720 
     Bonds, Fiscal Series 2005B, 5.000%, 6/15/23 – AMBAC Insured             
4,265    New York City, New York, General Obligation Bonds, Fiscal Series 2003D, 5.250%, 10/15/22    10/13 at 100.00    AA    4,502,006 
1,200    New York City, New York, General Obligation Bonds, Fiscal Series 2004B, 5.250%, 8/01/15    8/14 at 100.00    AA    1,328,352 
4,000    New York City, New York, General Obligation Bonds, Fiscal Series 2004C, 5.250%, 8/15/20    8/14 at 100.00    AA    4,294,400 
3,650    New York Convention Center Development Corporation, Hotel Unit Fee Revenue Bonds, Series 2005,    11/15 at 100.00    AAA    3,714,532 
     5.000%, 11/15/44 – AMBAC Insured (UB)             
3,250    New York State Municipal Bond Bank Agency, Special School Purpose Revenue Bonds, Series 2003C,    6/13 at 100.00    A+    3,493,263 
     5.250%, 6/01/22             
    New York State Thruway Authority, General Revenue Bonds, Series 2005G:             
6,460     5.000%, 1/01/25 – FSA Insured (UB)    7/15 at 100.00    AAA    6,834,745 
2,580     5.000%, 1/01/26 – FSA Insured (UB)    7/15 at 100.00    AAA    2,719,526 
1,850    New York State Urban Development Corporation, Service Contract Revenue Bonds, Series 2005B,    3/15 at 100.00    AAA    1,962,998 
     5.000%, 3/15/24 – FSA Insured             
1,000    New York State Urban Development Corporation, Subordinate Lien Corporate Purpose Bonds, Series    7/14 at 100.00    A    1,054,690 
     2004A, 5.125%, 1/01/22             
1,000    Rensselaer County Industrial Development Agency, New York, Civic Facility Revenue Bonds,    3/16 at 100.00    A    1,046,990 
     Rensselaer Polytechnic Institute, Series 2006, 5.000%, 3/01/26             
62,645    Total New York            66,024,620 
    North Carolina – 4.0% (2.4% of Total Investments)             
10,300    North Carolina Eastern Municipal Power Agency, Power System Revenue Refunding Bonds, Series    No Opt. Call    AAA    11,752,506 
     1993B, 6.000%, 1/01/22 – CAPMAC Insured             
    Ohio – 3.0% (1.8% of Total Investments)             
    Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue             
    Bonds, Senior Lien, Series 2007A-2:             
105     5.125%, 6/01/24    6/17 at 100.00    BBB    101,607 
1,050     5.875%, 6/01/30    6/17 at 100.00    BBB    1,044,729 
1,055     5.750%, 6/01/34    6/17 at 100.00    BBB    1,016,830 
2,355     5.875%, 6/01/47    6/17 at 100.00    BBB    2,274,388 
4,000    Ohio, Solid Waste Revenue Bonds, Republic Services Inc., Series 2004, 4.250%, 4/01/33    No Opt. Call    BBB+    4,003,040 
     (Mandatory put 4/01/14) (Alternative Minimum Tax)             
250    Port of Greater Cincinnati Development Authority, Ohio, Economic Development Revenue Bonds,    10/16 at 100.00    N/R    252,348 
     Sisters of Mercy of the Americas, Series 2006, 5.000%, 10/01/25             
8,815    Total Ohio            8,692,942 
    Oklahoma – 2.4% (1.4% of Total Investments)             
    Norman Regional Hospital Authority, Oklahoma, Hospital Revenue Bonds, Series 2005:             
500     5.375%, 9/01/29    9/16 at 100.00    BBB    497,445 
450     5.375%, 9/01/36    9/16 at 100.00    BBB    439,700 
    Oklahoma Development Finance Authority, Revenue Bonds, Saint John Health System, Series 2007:             
2,900     5.000%, 2/15/37    2/17 at 100.00    AA–    2,875,785 
1,305     5.000%, 2/15/42    2/17 at 100.00    AA–    1,287,108 
2,035    Tulsa County Industrial Authority, Oklahoma, Health Care Revenue Bonds, Saint Francis Health    12/16 at 100.00    AA    2,033,331 
     System, Series 2006, 5.000%, 12/15/36             
7,190    Total Oklahoma            7,133,369 
    Oregon – 1.4% (0.8% of Total Investments)             
    Oregon, General Obligation Bonds, State Board of Higher Education, Series 2004A:             
1,795     5.000%, 8/01/21    8/14 at 100.00    AA    1,942,082 
1,990     5.000%, 8/01/23    8/14 at 100.00    AA    2,101,161 
3,785    Total Oregon            4,043,243 
    Pennsylvania – 1.2% (0.7% of Total Investments)             
2,000    Allegheny County Sanitary Authority, Pennsylvania, Sewerage Revenue Bonds, Series 2005A,    12/15 at 100.00    AAA    2,117,380 
     5.000%, 12/01/23 – MBIA Insured             
1,315    Falls Township Hospital Authority, Pennsylvania, FHA-Insured Revenue Refunding Bonds, Delaware    2/08 at 100.00    AAA    1,325,796 
     Valley Medical Center, Series 1992, 7.000%, 8/01/22             
3,315    Total Pennsylvania            3,443,176 
    Rhode Island – 2.7% (1.6% of Total Investments)             
7,655    Rhode Island Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed Bonds,    6/12 at 100.00    BBB    7,732,622 
     Series 2002A, 6.000%, 6/01/23             
    South Carolina – 8.1% (4.8% of Total Investments)             
2,500    Berkeley County School District, South Carolina, Installment Purchase Revenue Bonds, Securing    12/13 at 100.00    A–    2,588,625 
     Assets for Education, Series 2003, 5.250%, 12/01/24             
4,405    Dorchester County School District 2, South Carolina, Installment Purchase Revenue Bonds,    12/14 at 100.00    A    4,591,948 
     GROWTH, Series 2004, 5.250%, 12/01/23             
3,340    Greenville County School District, South Carolina, Installment Purchase Revenue Bonds, Series    12/13 at 100.00    AA–    3,567,120 
     2003, 5.250%, 12/01/19             
3,620    Greenville, South Carolina, Hospital Facilities Revenue Refunding Bonds, Series 2003A, 5.250%,    5/13 at 100.00    AAA    3,766,900 
     5/01/21 – AMBAC Insured             
310    South Carolina JOBS Economic Development Authority, Economic Development Revenue Bonds, Bon    11/12 at 100.00    A– (4)    350,582 
     Secours Health System Inc., Series 2002A, 5.625%, 11/15/30 (Pre-refunded 11/15/12)             
1,190    South Carolina JOBS Economic Development Authority, Economic Development Revenue Bonds, Bon    11/12 at 100.00    A–    1,220,464 
     Secours Health System Inc., Series 2002B, 5.625%, 11/15/30             
    South Carolina JOBS Economic Development Authority, Hospital Refunding and Improvement Revenue             
    Bonds, Palmetto Health Alliance, Series 2003C:             
605     6.375%, 8/01/34 (Pre-refunded 8/01/13)    8/13 at 100.00    BBB+ (4)    712,285 
4,895     6.375%, 8/01/34 (Pre-refunded 8/01/13)    8/13 at 100.00    BBB+ (4)    5,776,638 
1,145    Tobacco Settlement Revenue Management Authority, South Carolina, Tobacco Settlement    5/11 at 101.00    BBB    1,163,228 
     Asset-Backed Bonds, Series 2001B, 6.000%, 5/15/22             
22,010    Total South Carolina            23,737,790 
    South Dakota – 0.6% (0.4% of Total Investments)             
1,750    South Dakota Health and Educational Facilities Authority, Revenue Bonds, Sioux Valley    11/14 at 100.00    AA–    1,824,900 
     Hospitals, Series 2004A, 5.500%, 11/01/31             
    Tennessee – 1.4% (0.8% of Total Investments)             
2,060    Johnson City Health and Educational Facilities Board, Tennessee, Hospital Revenue Refunding    7/23 at 100.00    AAA    2,107,195 
     and Improvement Bonds, Johnson City Medical Center, Series 1998C, 5.125%, 7/01/25             
     (Pre-refunded 7/01/23) – MBIA Insured             
1,600    Johnson City Health and Educational Facilities Board, Tennessee, Revenue Bonds, Mountain    7/16 at 100.00    BBB+    1,567,264 
     States Health Alliance, Series 2006A, 5.500%, 7/01/36             
400    Sumner County Health, Educational, and Housing Facilities Board, Tennessee, Revenue Refunding    11/17 at 100.00    N/R    391,084 
     Bonds, Sumner Regional Health System Inc., Series 2007, 5.500%, 11/01/37             
4,060    Total Tennessee            4,065,543 
    Texas – 6.3% (3.7% of Total Investments)             
1,075    Brazos River Authority, Texas, Pollution Control Revenue Bonds, TXU Energy Company LLC    10/13 at 101.00    Caa1    1,047,072 
     Project, Series 2003C, 6.750%, 10/01/38 (Alternative Minimum Tax)             
3,000    Houston, Texas, First Lien Combined Utility System Revenue Bonds, Series 2004A, 5.250%,    5/14 at 100.00    AAA    3,132,690 
     5/15/25 – MBIA Insured             
    Kerrville Health Facilities Development Corporation, Texas, Revenue Bonds, Sid Peterson             
    Memorial Hospital Project, Series 2005:             
400     5.250%, 8/15/21    No Opt. Call    BBB–    406,784 
600     5.125%, 8/15/26    No Opt. Call    BBB–    583,206 
2,265    Lower Colorado River Authority, Texas, Contract Revenue Refunding Bonds, Transmission Services    5/13 at 100.00    AAA    2,385,815 
     Corporation, Series 2003C, 5.250%, 5/15/25 – AMBAC Insured             
290    Mansfield Independent School District, Tarrant County, Texas, General Obligation Bonds, Series    2/11 at 100.00    AAA    304,175 
     2001, 5.375%, 2/15/26             
1,710    Mansfield Independent School District, Tarrant County, Texas, General Obligation Bonds, Series    2/11 at 100.00    AAA    1,856,376 
     2001, 5.375%, 2/15/26 (Pre-refunded 2/15/11)             
1,000    Sabine River Authority, Texas, Pollution Control Revenue Bonds, TXU Electric Company, Series    11/15 at 100.00    Caa1    820,120 
     2001C, 5.200%, 5/01/28             
1,600    Tarrant County Cultural & Educational Facilities Financing Corporation, Texas, Revenue Bonds,    2/17 at 100.00    AA–    1,582,112 
     Series 2007A, 5.000%, 2/15/36             
    Texas Tech University, Financing System Revenue Bonds, 9th Series 2003:             
3,525     5.250%, 2/15/18 – AMBAC Insured    8/13 at 100.00    AAA    3,817,434 
2,250     5.250%, 2/15/19 – AMBAC Insured    8/13 at 100.00    AAA    2,436,660 
17,715    Total Texas            18,372,444 
    Utah – 0.2% (0.1% of Total Investments)             
340    Utah Housing Corporation, Single Family Mortgage Bonds, Series 2001D, 5.500%, 1/01/21    7/11 at 100.00    Aaa    345,637 
     (Alternative Minimum Tax)             
25    Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 1996C, 6.450%, 7/01/14    7/08 at 101.00    Aaa    25,769 
     (Alternative Minimum Tax)             
105    Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 1997F, 5.750%, 7/01/15    7/08 at 101.00    AA    107,427 
     (Alternative Minimum Tax)             
470    Total Utah            478,833 
    Washington – 8.4% (4.9% of Total Investments)             
2,500    Energy Northwest, Washington, Electric Revenue Refunding Bonds, Columbia Generating Station –    7/12 at 100.00    AAA    2,779,600 
     Nuclear Project 2, Series 2002C, 5.750%, 7/01/17 – MBIA Insured             
7,000    Energy Northwest, Washington, Electric Revenue Refunding Bonds, Nuclear Project 1, Series    7/13 at 100.00    Aaa    7,723,240 
     2003A, 5.500%, 7/01/16             
6,160    King County Public Hospital District 2, Washington, Limited Tax General Obligation Bonds,    6/11 at 101.00    AAA    6,353,116 
     Evergreen Hospital Medical Center, Series 2001A, 5.250%, 12/01/24 – AMBAC Insured             
1,000    Skagit County Public Hospital District 1, Washington, Revenue Bonds, Skagit Valley Hospital,    No Opt. Call    Baa2    1,041,510 
     Series 2003, 6.000%, 12/01/23             
6,220    Washington, General Obligation Refunding Bonds, Series 1992A and 1992AT-6, 6.250%, 2/01/11    No Opt. Call    AA+    6,569,066 
22,880    Total Washington            24,466,532 
    West Virginia – 2.0% (1.2% of Total Investments)             
2,000    West Virginia Water Development Authority, Infrastructure Revenue Bonds, Series 2003A, 5.500%,    10/13 at 101.00    AAA    2,306,100 
     10/01/23 (Pre-refunded 10/01/13) – AMBAC Insured             
3,150    West Virginia Water Development Authority, Loan Program II Revenue Bonds, Series 2003B,    11/13 at 101.00    AAA    3,388,140 
     5.250%, 11/01/23 – AMBAC Insured             
5,150    Total West Virginia            5,694,240 
    Wisconsin – 6.0% (3.5% of Total Investments)             
5,670    Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Agnesian Healthcare    7/11 at 100.00    A–    5,830,574 
     Inc., Series 2001, 6.000%, 7/01/30             
160    Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Divine Savior    5/16 at 100.00    BBB    147,235 
     Healthcare, Series 2006, 5.000%, 5/01/32             
1,000    Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Fort Healthcare Inc.,    5/14 at 100.00    BBB+    1,027,660 
     Series 2004, 5.375%, 5/01/18             
205    Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Froedtert and Community    10/11 at 101.00    AA–    218,091 
     Health Obligated Group, Series 2001, 5.375%, 10/01/30             
2,145    Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Froedtert and Community    10/11 at 101.00    AA– (4)    2,378,891 
     Health Obligated Group, Series 2001, 5.375%, 10/01/30 (Pre-refunded 10/01/11)             
5,000    Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic,    2/10 at 101.00    AA    5,328,700 
     Series 1999, 6.250%, 2/15/18 – RAAI Insured             
2,500    Wisconsin State, General Obligation Bonds, Series 2006A, 4.750%, 5/01/25 – FGIC Insured    5/16 at 100.00    Aaa    2,569,425 
16,680    Total Wisconsin            17,500,576 
    Wyoming – 0.4% (0.3% of Total Investments)             
1,350    Sweetwater County, Wyoming, Solid Waste Disposal Revenue Bonds, FMC Corporation, Series 2005,    12/15 at 100.00    BBB    1,290,767 
     5.600%, 12/01/35 (Alternative Minimum Tax)             
$     529,911    Total Long-Term Investments (cost $476,365,566) – 169.6%            493,882,765 
    Short-Term Investments – 0.5% (0.3% of Total Investments)             
$         1,500    North Carolina Capital Facilities Financing Agency, Solid Waste Disposal Revenue Bond, Duke        AAA    1,497,750 
     Energy Carolinas Project, Variable Rate Demand Obligations Series 2007A, 6.500%, 11/01/40 –             
     AMBAC Insured (Alternative Minimum Tax) (5)             
    Total Short-Term Investments (cost $1,499,250)            1,497,750 
    Total Investments (cost $477,864,816) – 170.1%            495,380,515 
    Floating Rate Obligations – (16.4)%            (47,659,500)
    Other Assets Less Liabilities – 3.0%            8,501,425 
    Preferred Shares, at Liquidation Value – (56.7)% (6)            (165,000,000)
    Net Assets Applicable to Common Shares – 100%          $  291,222,440 

Forward Swaps outstanding at January 31, 2008:                         
        Fund            Fixed Rate            Unrealized 
    Notional    Pay/Receive    Floating Rate    Fixed Rate    Payment    Effective    Termination    Appreciation 
Counterparty    Amount    Floating Rate    Index    (Annualized)    Frequency    Date (7)    Date    (Depreciation) 
Citigroup Inc.    $36,000,000    Receive    3-Month USD-LIBOR    5.299%    Semi-Annually    11/07/08    11/07/28    $(2,057,247) 
USD-LIBOR (United States Dollar-London Inter-Bank Offered Rate)                     

    The Fund may invest in “zero coupon” securities. A zero coupon security does not pay a regular interest 
    coupon to its holders during the life of the security. Tax-exempt income to the holder of the security comes 
    from accretion of the difference between the original purchase price of the security at issuance and the 
    par value of the security at maturity and is effectively paid at maturity. Such securities are included in the 
    Portfolio of Investments with a 0.000% coupon rate in their description. The market prices of zero coupon 
    securities generally are more volatile than the market prices of securities that pay interest periodically. 
(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 higher of Standard & Poor’s Group (“Standard & Poor’s”) or Moody’s Investor Service, 
    Inc. (“Moody’s”) rating. Ratings below BBB by Standard & Poor’s or Baa by Moody’s are considered to 
    be below investment grade. 
    The AAA ratings shown in the Portfolio of Investments reflect the AAA ratings on certain bonds that may be 
    insured by AMBAC, FGIC, XLCA or MBIA as of January 31, 2008. Subsequent to January 31, 2008, at least 
    one rating agency reduced the rating for AMBAC-insured bonds to AA and XLCA-insured and FGIC-insured 
    bonds experienced further downgrades such that they no longer carry AAA ratings which had the effect 
    of reducing the rating of many (if not all) of the bonds insured by those particular insurers. One or more 
    rating agencies have placed each of these insurers on “negative credit watch”, which may presage one or 
    more rating reductions for such insurer or insurers in the future. If one or more insurers’ ratings are reduced 
    below AAA by these rating agencies, it would likely reduce the effective rating of many of the bonds 
    insured by that insurer or insurers. 
(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. Such investments are normally considered to 
    be equivalent to AAA rated securities. 
(5)    Investment has a maturity of more than one year, but has variable rate and demand features which qualify 
    it as a short-term investment. The rate disclosed is that in effect at the end of the reporting period. This 
    rate changes periodically based on market conditions or a specified market index. 
(6)    Preferred Shares, at Liquidation Value as a percentage of total investments is (33.3)%. 
(7)    Effective date represents the date on which both the Fund and counterparty commence interest payment 
    accruals on each forward swap contract. 
N/R    Not rated. 
(ETM)    Escrowed to maturity. 
(IF)    Inverse floating rate investment. 
(UB)    Underlying bond of an inverse floating rate trust reflected as a financing transaction pursuant to the 
    provisions of SFAS No. 140. 

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 the treatment of paydown gains and losses, timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investments transactions and the treatment of investments in inverse floating rate transactions subject to SFAS No. 140. 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 classification. Temporary and permanent differences do not impact the net asset value of the Fund.

At January 31, 2008, the cost of investments was $430,332,041.

Gross unrealized appreciation and gross unrealized depreciation of investments at January 31, 2008, were as follows:

Gross unrealized:     
  Appreciation    $23,550,310 
  Depreciation    (5,970,064) 
Net unrealized appreciation (depreciation) of investments    $17,580,246 

Item 2. Controls and Procedures.

  1. 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)).
  2. 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: 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 Premier Municipal Income Fund, Inc.         

By (Signature and Title)*          /s/ Kevin J. McCarthy                    
                                                    Kevin J. McCarthy
                                                    Vice President and Secretary

Date         March 31, 2008        

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         March 31, 2008        

By (Signature and Title)*         /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                   Vice President and Controller (principal financial officer) 

Date        March 31, 2008        

* Print the name and title of each signing officer under his or her signature.