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Nuveen Premium Income Municipal Fund 2 Inc

Nuveen Premium Income Municipal Fund 2 Inc. (NPM) is a closed-end investment company that aims to provide current income exempt from regular federal income tax consistent with the preservation of capital. The company invests primarily in a portfolio of municipal securities rated Baa or higher by Moody's Investors Service, Inc. or an equivalent rating from another nationally recognized statistical rating organization.

As of October 31, 2021, the company's net assets were approximately $213 million and its annualized net investment income was $0.60 per share. The company's annual net asset value (NAV) as of December 10, 2021 was $15.50 per share.

Over the past 5 years, the company's total returns (as of November 30, 2021) were -1.1% (trailing 1-year), 3.3% (trailing 5-year), 1.2% (trailing 10-year) and 4.1% (lifetime). It's important to keep in mind that past performance is not indicative of future results.

The company has been paying a consistent dividend, with a current yield of around 4.68%. It's worth noting that the fund may not be suitable for investors who need a regular flow of income, as it may suspend or reduce its dividends in the future.

In terms of growth, the company has not seen significant growth in its NAV or market price over the past 5 years. However, it has been able to maintain a consistent level of NAV and dividend.

As with any investment, it's important for potential investors to consider their own investment goals, risk tolerance, and consult with a financial advisor before making an investment decision.

You can check the official website of Nuveen Premium Income Municipal Fund 2 Inc or Securities and Exchange Commission (SEC) EDGAR database for the most recent reports and financial statements.

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