Unassociated Document



 
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 811-7486
 
Nuveen Maryland 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:         8/31/10         
 
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 Maryland Premium Income Municipal Fund (NMY)
      
   
   August 31, 2010
      
Principal
    
Optional Call
    
Amount (000)
  
Description (1)
Provisions (2)
Ratings (3)
Value 
   
Consumer Discretionary – 2.7% (1.8% of Total Investments)
      
   
Baltimore, Maryland, Senior Lien Convention Center Hotel Revenue Bonds, Series 2006A: 
      
$      25 
  
5.250%, 9/01/25 – SYNCORA GTY Insured 
9/16 at 100.00 
Baa3 
$     23,949 
4,825 
  
5.250%, 9/01/39 – SYNCORA GTY Insured 
9/16 at 100.00 
Baa3 
4,416,805 
4,850 
  
Total Consumer Discretionary 
    
4,440,754 
   
Consumer Staples – 1.6% (1.1% of Total Investments)
      
2,615 
  
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds, 
5/12 at 100.00 
BBB 
2,602,893 
   
Series 2002, 5.375%, 5/15/33 
      
   
Education and Civic Organizations – 16.8% (11.3% of Total Investments)
      
1,250 
  
Frederick County, Maryland, Educational Facilities Revenue Bonds, Mount Saint Mary’s College, 
9/16 at 100.00 
BBB– 
1,249,125 
   
Series 2006, 5.625%, 9/01/38 
      
1,000 
  
Hartford County, Maryland, Economic Development Revenue Bonds, Battelle Memorial Institute, 
4/14 at 100.00 
A+ 
1,013,630 
   
Series 2004, 5.250%, 4/01/34 
      
   
Maryland Economic Development Corporation, Utility Infrastructure Revenue Bonds, University of 
      
   
Maryland – College Park, Series 2001: 
      
980 
  
5.375%, 7/01/15 – AMBAC Insured 
7/11 at 100.00 
N/R 
1,012,428 
980 
  
5.375%, 7/01/16 – AMBAC Insured 
7/11 at 100.00 
N/R 
1,012,428 
330 
  
Maryland Health and HIgher Edcuational Facilities Authority, Revenue Bonds, Patterson Park 
7/20 at 100.00 
BBB– 
342,563 
   
Public Charter School Issue, Series 2010, 6.000%, 7/01/40 
      
   
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Bullis School, 
      
   
Series 2000: 
      
750 
  
5.250%, 7/01/25 – AGM Insured 
1/11 at 101.00 
AAA 
761,498 
500 
  
5.250%, 7/01/30 – AGM Insured 
1/11 at 101.00 
AAA 
506,840 
1,250 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Goucher College, 
7/14 at 100.00 
A– 
1,267,475 
   
Series 2004, 5.125%, 7/01/34 
      
1,430 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Johns Hopkins 
No Opt. Call 
AA 
1,667,452 
   
University, Series 2004, Inverse 1003, 13.147%, 1/01/13 (IF) 
      
1,825 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Maryland Institute 
6/16 at 100.00 
Baa1 
1,845,294 
   
College of Art, Series 2006, 5.000%, 6/01/30 
      
1,365 
  
Montgomery County Revenue Authority, Maryland, Lease Revenue Bonds, Montgomery College Arts 
5/15 at 100.00 
Aa3 
1,515,778 
   
Center Project, Series 2005A, 5.000%, 5/01/19 
      
9,445 
  
Morgan State University, Maryland, Student Tuition and Fee Revenue Refunding Bonds, Academic 
No Opt. Call 
Aa3 
11,502,593 
   
Fees and Auxiliary Facilities, Series 1993, 6.100%, 7/01/20 – NPFG Insured 
      
1,685 
  
University of Maryland, Auxiliary Facility and Tuition Revenue Bonds, Series 2006A, 
10/16 at 100.00 
AA+ 
1,924,388 
   
5.000%, 10/01/22 
      
   
Westminster, Maryland, Educational Facilities Revenue Bonds, McDaniel College, Series 2006: 
      
910 
  
5.000%, 11/01/31 
11/16 at 100.00 
BBB+ 
920,037 
850 
  
4.500%, 11/01/36 
11/16 at 100.00 
BBB+ 
785,961 
24,550 
  
Total Education and Civic Organizations 
    
27,327,490 
   
Health Care – 26.8% (18.0% of Total Investments)
      
2,990 
  
Maryland Health and Higher Education Facilities Authority, Revenue Bonds, University of 
7/19 at 100.00 
A 
3,115,939 
   
Maryland Medical System Issue, Series 2010, 5.125%, 7/01/39 
      
565 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds Doctors Community 
No Opt. Call 
Baa3 
567,051 
   
Hospital, Refunding Series 2010, 5.750%, 7/01/38 
      
1,500 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Anne Arundel 
7/19 at 100.00 
A– 
1,555,185 
   
Health System, Series 2010, 5.000%, 7/01/40 
      
1,525 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Calvert Memorial 
7/14 at 100.00 
A3 
1,581,303 
   
Hospital, Series 2004, 5.500%, 7/01/36 
      
3,250 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Carroll County 
7/12 at 100.00 
A3 
3,320,460 
   
General Hospital, Series 2002, 5.800%, 7/01/32 
      
400 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Carroll Hospital 
7/16 at 100.00 
A3 
403,596 
   
Center, Series 2006, 5.000%, 7/01/40 
      
1,665 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Civista Medical 
7/14 at 100.00 
N/R 
1,422,543 
   
Center, Series 2005, 5.000%, 7/01/37 – RAAI Insured 
      
1,740 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Doctors Community 
7/17 at 100.00 
Baa3 
1,714,840 
   
Hospital, Series 2007A, 5.000%, 7/01/29 
      
1,400 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Frederick Memorial 
7/12 at 100.00 
Baa1 
1,391,138 
   
Hospital, Series 2002, 5.125%, 7/01/35 
      
1,500 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Greater Baltimore 
7/11 at 100.00 
A+ 
1,504,515 
   
Medical Center, Series 2001, 5.000%, 7/01/34 
      
1,000 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Johns Hopkins 
1/11 at 100.00 
A 
1,001,180 
   
Hospital, Howard County General Hospital Acquisition, Series 1998, 5.000%, 7/01/19 – 
      
   
NPFG Insured 
      
2,000 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Kaiser Permanente 
1/11 at 100.50 
A+ 
2,014,680 
   
System, Series 1998A, 5.375%, 7/01/15 
      
3,800 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Kennedy Krieger 
7/13 at 100.00 
Baa3 
3,820,444 
   
Institute, Series 2003, 5.500%, 7/01/33 
      
1,175 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, LifeBridge Health 
7/17 at 100.00 
AAA 
1,257,274 
   
System, Series 2008, 5.000%, 7/01/28 – AGC Insured 
      
1,750 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, MedStar Health, 
8/14 at 100.00 
A2 
1,832,635 
   
Series 2004, 5.375%, 8/15/24 
      
3,310 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, MedStar Health, 
5/16 at 100.00 
AA+ 
3,427,406 
   
Series 2007, 5.250%, 5/15/46 – BHAC Insured 
      
   
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Mercy Medical 
      
   
Center Project, Series 2007A: 
      
1,010 
  
5.000%, 7/01/37 
7/17 at 100.00 
BBB 
973,802 
670 
  
5.500%, 7/01/42 
7/17 at 100.00 
BBB 
675,635 
1,700 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Peninsula Regional 
7/16 at 100.00 
A 
1,752,751 
   
Medical Center, Series 2006, 5.000%, 7/01/36 
      
1,900 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, The Johns Hopkins 
5/20 at 100.00 
Aa3 
2,013,791 
   
Health System Obligated Group Issue, Series 2010, 5.000%, 5/15/40 
      
3,250 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Union Hospital of 
7/12 at 100.00 
A3 
3,305,998 
   
Cecil County, Series 2002, 5.625%, 7/01/32 
      
1,000 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, University of 
7/13 at 100.00 
A 
1,021,370 
   
Maryland Medical System, Series 2004B, 5.000%, 7/01/24 – AMBAC Insured 
      
3,395 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Washington County 
1/18 at 100.00 
BBB– 
3,474,137 
   
Hospital, Series 2008, 5.750%, 1/01/38 
      
   
Prince George’s County, Maryland, Revenue Bonds, Dimensions Health Corporation, Series 1994: 
      
295 
  
5.375%, 7/01/14 (4) 
1/11 at 100.00 
B3 
269,881 
295 
  
5.300%, 7/01/24 (4) 
1/11 at 100.00 
B3 
204,730 
43,085 
  
Total Health Care 
    
43,622,284 
   
Housing/Multifamily – 12.3% (8.3% of Total Investments)
      
2,065 
  
Anne Arundel County, Maryland, FNMA Multifamily Housing Revenue Bonds, Glenview Gardens 
1/20 at 102.00 
AAA 
2,152,019 
   
Apartments Project, Series 2009, 5.000%, 1/01/28 (Mandatory put 1/01/27) 
      
1,450 
  
Maryland Community Development Administration, FNMA Multifamily Development Revenue Bonds, 
2/11 at 101.00 
Aaa 
1,474,998 
   
Edgewater Village Apartments, Series 2000B, 5.800%, 8/01/20 (Alternative Minimum Tax) 
      
2,500 
  
Maryland Community Development Administration, Housing Revenue Bonds, Series 1999A, 5.350%, 
1/11 at 100.00 
Aa2 
2,503,750 
   
7/01/41 (Alternative Minimum Tax) 
      
880 
  
Maryland Community Development Administration, Housing Revenue Bonds, Series 1999B, 6.250%, 
1/11 at 100.00 
Aa2 
881,021 
   
7/01/32 (Alternative Minimum Tax) 
      
1,000 
  
Maryland Economic Development Corporation, Senior Lien Student Housing Revenue Bonds, 
10/13 at 100.00 
B3 
765,700 
   
University of Maryland – Baltimore, Series 2003A, 5.625%, 10/01/23 
      
1,000 
  
Maryland Economic Development Corporation, Student Housing Revenue Bonds, Collegiate Housing 
12/10 at 101.90 
Baa3 
1,019,540 
   
Foundation – Salisbury State University, Series 1999A, 6.000%, 6/01/19 
      
1,145 
  
Maryland Economic Development Corporation, Student Housing Revenue Refunding Bonds, University 
6/16 at 100.00 
Baa2 
1,140,283 
   
of Maryland College Park Projects, Series 2006, 5.000%, 6/01/33 – CIFG Insured 
      
3,830 
  
Montgomery County Housing Opportunities Commission, Maryland, FNMA/FHA-Insured Multifamily 
1/11 at 100.00 
Aaa 
3,832,719 
   
Housing Development Bonds, Series 1998A, 5.200%, 7/01/30 
      
360 
  
Montgomery County Housing Opportunities Commission, Maryland, GNMA/FHA-Insured Multifamily 
1/11 at 100.00 
Aa2 
360,979 
   
Housing Revenue Bonds, Series 1995A, 5.900%, 7/01/15 
      
2,000 
  
Montgomery County Housing Opportunities Commission, Maryland, Multifamily Housing Development 
1/11 at 100.00 
Aaa 
2,002,480 
   
Bonds, Series 2000A, 6.100%, 7/01/30 
      
540 
  
Prince George’s County Housing Authority, Maryland, GNMA Collateralized Mortgage Revenue 
9/10 at 101.00 
AAA 
546,032 
   
Bonds, University Landing Apartments, Series 1999, 6.100%, 3/20/41 (Alternative Minimum Tax) 
      
   
Prince George’s County Housing Authority, Maryland, GNMA Collateralized Mortgage Revenue 
      
   
Refunding Bonds, Overlook Apartments, Series 1995A: 
      
1,645 
  
5.700%, 12/20/15 
12/10 at 100.00 
AA+ 
1,649,442 
1,670 
  
5.750%, 12/20/19 
12/10 at 100.00 
AA+ 
1,673,240 
20,085 
  
Total Housing/Multifamily 
    
20,002,203 
   
Housing/Single Family – 11.0% (7.4% of Total Investments)
      
2,510 
  
Maryland Community Development Administration Department of Housing and Community Development, 
9/18 at 100.00 
Aa2 
2,673,527 
   
Residential Revenue Bonds, Series 2008C, 5.375%, 9/01/39 
      
3,000 
  
Maryland Community Development Administration Department of Housing and Community Development, 
9/18 at 100.00 
Aa2 
3,066,090 
   
Residential Revenue Bonds, Series 2009B, 4.750%, 9/01/39 
      
   
Maryland Community Development Administration, Department of Housing and Community 
      
   
Development, Residential Revenue Bonds, Series 2006: 
      
600 
  
4.750%, 9/01/25 (Alternative Minimum Tax) (UB) 
9/15 at 100.00 
Aa2 
609,066 
4,100 
  
4.875%, 9/01/26 (Alternative Minimum Tax) (UB) 
3/16 at 100.00 
Aa2 
4,174,170 
1,195 
  
4.900%, 9/01/26 (Alternative Minimum Tax) (UB) 
9/15 at 100.00 
Aa2 
1,215,279 
1,630 
  
4.900%, 9/01/31 (Alternative Minimum Tax) (UB) 
9/16 at 100.00 
Aa2 
1,659,666 
   
Maryland Community Development Administration, Department of Housing and Community 
      
   
Development, Residential Revenue Bonds, Series 2007: 
      
650 
  
5.000%, 9/01/27 (Alternative Minimum Tax) (UB) 
3/17 at 100.00 
Aa2 
666,666 
1,200 
  
4.850%, 9/01/37 (Alternative Minimum Tax) (UB) 
3/17 at 100.00 
Aa2 
1,208,640 
2,330 
  
Maryland Community Development Administration, Department of Housing and Community 
9/14 at 100.00 
Aa2 
2,338,132 
   
Development, Residential Revenue Bonds, Series 2005, 4.900%, 9/01/36 (Alternative 
      
   
Minimum Tax) (UB) 
      
290 
  
Puerto Rico Housing Finance Authority, Mortgage-Backed Securities Program Home Mortgage 
6/13 at 100.00 
AAA 
290,754 
   
Revenue Bonds, Series 2003A, 4.875%, 6/01/34 (Alternative Minimum Tax) 
      
17,505 
  
Total Housing/Single Family 
    
17,901,990 
   
Industrials – 2.6% (1.8% of Total Investments)
      
2,150 
  
Maryland Economic Development Corporation, Economic Development Revenue Bonds, Transportation 
6/20 at 100.00 
Baa3 
2,257,801 
   
Facilities Project, Series 2010A, 5.750%, 6/01/35 
      
2,010 
  
Maryland Economic Development Corporation, Solid Waste Disposal Revenue Bonds, Waste 
4/12 at 101.00 
BBB 
2,042,220 
   
Management Inc., Series 2002, 4.600%, 4/01/16 (Alternative Minimum Tax) 
      
4,160 
  
Total Industrials 
    
4,300,021 
   
Long-Term Care – 3.3% (2.2% of Total Investments)
      
2,455 
  
Baltimore County, Maryland, Revenue Bonds, Oak Crest Village, Series 2007A, 5.000%, 1/01/37 
1/17 at 100.00 
BBB+ 
2,317,667 
1,000 
  
Carroll County, Maryland, Revenue Refunding Bonds, EMA Obligated Group, Series 1999A, 5.625%, 
1/11 at 100.00 
BB– 
901,160 
   
1/01/25 – RAAI Insured 
      
995 
  
Gaithersburg, Maryland, Economic Development Revenue Bonds, Asbury Methodist Homes Inc., 
1/20 at 100.00 
N/R 
1,069,943 
   
Series 2009B, 6.000%, 1/01/23 
      
1,065 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Mercy Ridge 
7/17 at 100.00 
A– 
1,038,226 
   
Retirement Community, Series 2007, 4.750%, 7/01/34 
      
5,515 
  
Total Long-Term Care 
    
5,326,996 
   
Tax Obligation/General – 28.2% (19.0% of Total Investments)
      
2,030 
  
Anne Arundel County, Maryland, General Obligation Bonds, Series 2004, 5.000%, 4/01/16 
4/14 at 100.00 
AAA 
2,313,408 
1,000 
  
Anne Arundel County, Maryland, General Obligation Bonds, Series 2006, 5.000%, 3/01/21 
3/16 at 100.00 
AAA 
1,152,140 
685 
  
Anne Arundel County, Maryland, Water and Sewer Revenue Bonds, Series 2006, 5.000%, 3/01/17 
3/16 at 100.00 
AAA 
808,896 
   
Baltimore County, Maryland, Metropolitan District Special Assessment Bonds, 67th Issue: 
      
2,500 
  
5.000%, 6/01/25 
6/11 at 101.00 
AAA 
2,615,575 
3,500 
  
5.000%, 6/01/26 
6/11 at 101.00 
AAA 
3,661,805 
1,540 
  
Baltimore, Maryland, General Obligation Consolidated Public Improvement Bonds, Series 2004A, 
10/14 at 100.00 
Aa2 
1,735,565 
   
5.000%, 10/15/22 – AMBAC Insured 
      
700 
  
Carroll County, Maryland, Consolidated Public Improvement Bonds, Series 2005A, 5.000%, 12/01/16 
12/15 at 100.00 
AA+ 
831,446 
   
Charles County, Maryland, Consolidated General Obligation Public Improvement Bonds, 
      
   
Series 2006: 
      
2,185 
  
5.000%, 3/01/14 
No Opt. Call 
Aa1 
2,519,873 
820 
  
5.000%, 3/01/16 
No Opt. Call 
Aa1 
982,229 
   
Howard County, Maryland, General Obligation Consolidated Public Improvement Bonds, 
      
   
Series 2004B: 
      
1,625 
  
5.000%, 8/15/17 
2/14 at 100.00 
AAA 
1,868,133 
1,180 
  
5.000%, 8/15/19 
2/14 at 100.00 
AAA 
1,356,552 
1,725 
  
Howard County, Maryland, General Obligation Metropolitan District Refunding Bonds, Series 
2/12 at 100.00 
AAA 
1,833,796 
   
2002A, 5.250%, 8/15/18 
      
1,190 
  
Maryland National Capital Park Planning Commission, Prince George’s County, General Obligation 
1/14 at 100.00 
AAA 
1,347,318 
   
Bonds, Park Acquisition and Development, Series 2004EE-2, 5.000%, 1/15/17 
      
3,000 
  
Montgomery County, Maryland, Consolidated General Obligation Public Improvement Bonds, Series 
No Opt. Call 
AAA 
3,570,270 
   
2005A, 5.000%, 7/01/15 
      
   
Montgomery County, Maryland, Consolidated General Obligation Public Improvement Refunding 
      
   
Bonds, Series 2001: 
      
1,750 
  
5.250%, 10/01/13 
10/11 at 101.00 
AAA 
1,858,640 
2,000 
  
5.250%, 10/01/18 
10/11 at 101.00 
AAA 
2,116,020 
2,000 
  
Prince George’s County, Maryland, General Obligation Consolidated Public Improvement Bonds, 
9/12 at 101.00 
AAA 
2,102,400 
   
Series 2002, 4.100%, 9/15/19 
      
5,770 
  
Prince George’s County, Maryland, General Obligation Consolidated Public Improvement Bonds, 
10/13 at 100.00 
AAA 
6,450,341 
   
Series 2003A, 5.000%, 10/01/18 
      
   
Washington Suburban Sanitary District, Montgomery and Prince George’s Counties, Maryland, 
      
   
Sewerage Disposal Bonds, Series 2005: 
      
2,000 
  
5.000%, 6/01/16 
6/15 at 100.00 
AAA 
2,366,300 
1,235 
  
5.000%, 6/01/23 
6/15 at 100.00 
AAA 
1,461,190 
1,235 
  
5.000%, 6/01/24 
6/15 at 100.00 
AAA 
1,461,190 
1,235 
  
5.000%, 6/01/25 
6/15 at 100.00 
AAA 
1,461,190 
40,905 
  
Total Tax Obligation/General 
    
45,874,277 
   
Tax Obligation/Limited – 15.9% (10.7% of Total Investments)
      
380 
  
Anne Arundel County, Maryland, Special Obligation Bonds, National Business Park – North 
7/18 at 102.00 
N/R 
388,417 
   
Project, Series 2010, 6.100%, 7/01/40 
      
300 
  
Baltimore, Maryland, Special Obligation Bonds, North Locust Point Project, Series 2005, 
9/15 at 101.00 
N/R 
288,042 
   
5.500%, 9/01/34 
      
340 
  
Frederick County, Maryland, Lake Linganore Village Community Development Special Obligation 
7/12 at 100.00 
N/R 
339,191 
   
Bonds, Series 2001A, 5.700%, 7/01/29 – RAAI Insured 
      
900 
  
Hyattsville, Maryland, Special Obligation Bonds, University Town Center Project, Series 2004, 
7/14 at 102.00 
N/R 
870,471 
   
5.750%, 7/01/34 
      
   
Maryland Department of Transportation, Certificates of Participation, Mass Transit 
      
   
Administration Project, Series 2000: 
      
875 
  
5.500%, 10/15/19 (Alternative Minimum Tax) 
10/10 at 101.00 
AA+ 
885,526 
925 
  
5.500%, 10/15/20 (Alternative Minimum Tax) 
10/10 at 101.00 
AA+ 
936,220 
4,250 
  
Maryland Department of Transportation, Consolidated Transportation Revenue Bonds, Series 2002, 
No Opt. Call 
AAA 
5,185,638 
   
5.500%, 2/01/16 
      
1,875 
  
Maryland Economic Development Corporation, Lease Revenue Bonds, Department of Transportation 
6/12 at 100.50 
AAA 
2,031,731 
   
Headquarters Building, Series 2002, 5.375%, 6/01/19 
      
1,700 
  
Maryland Stadium Authority, Lease Revenue Bonds, Montgomery County Conference Center 
6/13 at 100.00 
AA+ 
1,865,563 
   
Facilities, Series 2003, 5.000%, 6/15/24 
      
1,000 
  
Montgomery County, Maryland, Lease Revenue Bonds, Metrorail Garage, Series 2002, 
6/12 at 100.00 
AA 
1,072,160 
   
5.000%, 6/01/21 
      
675 
  
Montgomery County, Maryland, Special Obligation Bonds, West Germantown Development District, 
7/12 at 101.00 
A+ 
678,206 
   
Senior Series 2002A, 5.500%, 7/01/27 – RAAI Insured 
      
635 
  
New Baltimore City Board of School Commissioners, Maryland, School System Revenue Bonds, 
11/10 at 100.00 
AA+ 
640,156 
   
Series 2000, 5.125%, 11/01/15 
      
   
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N: 
      
1,000 
  
5.500%, 7/01/29 – AMBAC Insured 
No Opt. Call 
A3 
1,130,140 
2,500 
  
5.250%, 7/01/31 – AMBAC Insured 
No Opt. Call 
A3 
2,733,800 
1,000 
  
5.250%, 7/01/33 – NPFG Insured 
No Opt. Call 
A 
1,080,840 
2,100 
  
Puerto Rico Municipal Finance Agency, Series 2002A, 5.250%, 8/01/21 – AGM Insured 
8/12 at 100.00 
AAA 
2,243,556 
   
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate 
      
   
Series 2010A: 
      
1,425 
  
5.375%, 8/01/39 
2/20 at 100.00 
A+ 
1,505,228 
200 
  
5.500%, 8/01/42 
2/20 at 100.00 
A+ 
212,522 
1,500 
  
Puerto Rico, Highway Revenue Bonds, Highway and Transportation Authority, Series 2003AA, 
No Opt. Call 
A 
1,702,395 
   
5.500%, 7/01/19 – NPFG Insured 
      
23,580 
  
Total Tax Obligation/Limited 
    
25,789,802 
   
Transportation – 4.8% (3.2% of Total Investments)
      
1,060 
  
Baltimore, Maryland, Revenue Refunding Bonds, Parking System Facilities, Series 1998A, 5.250%, 
No Opt. Call 
A1 
1,213,997 
   
7/01/17 – FGIC Insured 
      
4,335 
  
Maryland Transportation Authority, Revenue Bonds, Transportation Facilities Projects, Series 
7/17 at 100.00 
AAA 
4,769,844 
   
2007, 5.000%, 7/01/30 – AGM Insured (UB) 
      
2,075 
  
Puerto Rico Ports Authority, Special Facilities Revenue Bonds, American Airlines Inc., Series 
12/10 at 100.00 
CCC+ 
1,780,869 
   
1996A, 6.250%, 6/01/26 (Alternative Minimum Tax) 
      
7,470 
  
Total Transportation 
    
7,764,710 
   
U.S. Guaranteed – 15.6% (10.5% of Total Investments) (5)
      
2,000 
  
Baltimore, Maryland, Revenue Refunding Bonds, Water Projects, Series 1998A, 5.000%, 7/01/28 – 
No Opt. Call 
AA (5) 
2,349,220 
   
FGIC Insured (ETM) 
      
2,000 
  
Baltimore, Maryland, Revenue Refunding Bonds, Water System Projects, Series 1994A, 5.000%, 
No Opt. Call 
AAA 
2,484,780 
   
7/01/24 – FGIC Insured (ETM) 
      
1,245 
  
Baltimore, Maryland, Wastewater Project Revenue Bonds, Series 2006C, 5.000%, 7/01/31 
7/16 at 100.00 
AA (5) 
1,500,225 
   
(Pre-refunded 7/01/16) – AMBAC Insured 
      
990 
  
Gaithersburg, Maryland, Hospital Facilities Revenue Refunding and Improvement Bonds, Shady 
No Opt. Call 
AAA 
1,048,380 
   
Grove Adventist Hospital, Series 1995, 6.500%, 9/01/12 – AGM Insured (ETM) 
      
575 
  
Howard County, Maryland, General Obligation Consolidated Public Improvement Refunding Bonds, 
2/12 at 100.00 
AAA 
616,831 
   
Series 2002A, 5.250%, 8/15/18 (Pre-refunded 2/15/12) 
      
   
Maryland Economic Development Corporation, Health and Mental Hygiene Providers Revenue Bonds, 
      
   
Series 1996A: 
      
810 
  
7.625%, 4/01/21 (Pre-refunded 4/01/11) 
4/11 at 102.00 
N/R (5) 
857,879 
585 
  
7.625%, 4/01/21 (Pre-refunded 4/01/11) 
4/11 at 102.00 
N/R (5) 
619,579 
3,200 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Helix Health, 
No Opt. Call 
N/R (5) 
3,834,176 
   
Series 1997, 5.000%, 7/01/27 – AMBAC Insured (ETM) 
      
3,125 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Howard County 
1/11 at 100.00 
Aaa 
3,610,188 
   
General Hospital, Series 1993, 5.500%, 7/01/25 (ETM) 
      
2,040 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, LifeBridge Health 
7/14 at 100.00 
A2 (5) 
2,366,114 
   
System, Series 2004A, 5.125%, 7/01/34 (Pre-refunded 7/01/14) 
      
1,500 
  
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, University of 
7/12 at 100.00 
A (5) 
1,653,135 
   
Maryland Medical System, Series 2002, 6.000%, 7/01/22 (Pre-refunded 7/01/12) 
      
155 
  
Maryland Transportation Authority, Revenue Refunding Bonds, Transportation Facilities 
No Opt. Call 
AAA 
182,807 
   
Projects, First Series 1978, 6.800%, 7/01/16 (ETM) 
      
1,000 
  
Puerto Rico Infrastructure Financing Authority, Special Obligation Bonds, Series 2000A, 
10/10 at 101.00 
AAA 
1,014,420 
   
5.500%, 10/01/20 (Pre-refunded 10/01/10) 
      
1,000 
  
Puerto Rico, Highway Revenue Bonds, Highway and Transportation Authority, Series 1996Y, 
7/16 at 100.00 
Aaa 
1,236,140 
   
5.500%, 7/01/36 (Pre-refunded 7/01/16) 
      
2,000 
  
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 1999A, 6.500%, 
10/10 at 101.00 
BBB+ (5) 
2,030,360 
   
10/01/24 (Pre-refunded 10/01/10) 
      
22,225 
  
Total U.S. Guaranteed 
    
25,404,234 
   
Utilities – 3.8% (2.5% of Total Investments)
      
2,500 
  
Maryland Energy Financing Administration, Revenue Bonds, AES Warrior Run Project, Series 1995, 
9/10 at 100.00 
N/R 
2,501,550 
   
7.400%, 9/01/19 (Alternative Minimum Tax) 
      
3,500 
  
Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2004PP, 5.000%, 7/01/22 – 
7/14 at 100.00 
A 
3,674,475 
   
FGIC Insured 
      
6,000 
  
Total Utilities 
    
6,176,025 
   
Water and Sewer – 3.3% (2.2% of Total Investments)
      
1,045 
  
Baltimore, Maryland, Revenue Refunding Bonds, Water System Projects, Series 1994A, 5.000%, 
No Opt. Call 
AA 
1,266,278 
   
7/01/24 – FGIC Insured 
      
1,655 
  
Baltimore, Maryland, Wastewater Project Revenue Bonds, Series 2006C, 5.000%, 7/01/31 – 
7/16 at 100.00 
AA 
1,791,685 
   
AMBAC Insured 
      
1,260 
  
Baltimore, Maryland, Wastewater Project Revenue Bonds, Series 2007D, 5.000%, 7/01/32 – 
7/17 at 100.00 
AA 
1,339,656 
   
AMBAC Insured 
      
860 
  
Maryland Water Quality Financing Administration, Revolving Loan Fund Revenue Bonds, Series 
No Opt. Call 
AAA 
1,026,478 
   
2005A, 5.000%, 9/01/15 
      
4,820 
  
Total Water and Sewer 
    
5,424,097 
$  227,365 
  
Total Investments (cost $227,698,057) – 148.7% 
    
241,957,776 
   
Floating Rate Obligations – (6.1)% 
    
(9,962,000)
   
MuniFund Term Preferred Shares, at Liquidation Value – (23.8)% (6) 
    
(38,775,000)
   
Other Assets Less Liabilities – 1.5% 
    
2,444,339 
   
Auction Rate Preferred Shares, at Liquidation Value – (20.3)% (6) 
    
(32,975,000)
   
Net Assets Applicable to Common Shares – 100% 
    
$ 162,690,115 
 
 
 
 
 
 
 
 

 
Fair Value Measurements
 
 
In determining the value of the Fund’s investments, various inputs are used. These inputs are summarized in the three broad levels listed below:
 
  Level 1 – Quoted prices in active markets for identical securities.
 
 
  Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
 
 
  Level 3 – 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 risk associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of August 31, 2010:
 
         
 
Level 1
Level 2
Level 3
Total
Investments: 
        
Municipal Bonds 
$ — 
$241,483,165 
$474,611 
$241,957,776 
 
 
The following is a reconciliation of the Fund’s Level 3 investments held at the beginning and end of the measurement period:
 
   
 
Level 3
 
Municipal
 
Bonds
Balance at the beginning of period 
$532,963 
Gains (losses): 
  
  Net realized gains (losses) 
6,538 
  Net change in unrealized appreciation (depreciation) 
(72)
Net purchases at cost (sales at proceeds) 
(65,000)
Net discounts (premiums) 
182 
Net transfers in to (out of) at end of period fair value 
— 
Balance at the end of period 
$474,611 
 
 
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, 2010, the cost of investments was $218,693,077.
 
 
Gross unrealized appreciation and gross unrealized depreciation of investments at August 31, 2010, were as follows:
 
   
Gross unrealized: 
  
  Appreciation 
$16,475,707 
  Depreciation 
(3,172,373)
Net unrealized appreciation (depreciation) of investments 
$13,303,334 
 
   
(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) 
For fair value measurement disclosure purposes, investment categorized as Level 3. 
(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. Such investments are normally considered to 
 
be equivalent to AAA rated securities. 
(6) 
MuniFund Term Preferred Shares and Auction Rate Preferred Shares, at Liquidation Value as a percentage 
 
of Total Investments are 16.1% and 13.6%, respectively. 
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. 
 
 
 
 
 
 
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 Maryland Premium Income Municipal Fund 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date         October 29, 2010        
 
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 29, 2010        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date         October 29, 2010