NOTES TO FINANCIAL STATEMENTS
1. GENERAL INFORMATION AND SIGNIFICANT ACCOUNTING POLICIES The National Funds (the
"Funds") covered in this report and their corresponding New York Stock Exchange symbols are Nuveen
Investment Quality Municipal Fund, Inc. (NQM), Nuveen Select Quality Municipal Fund, Inc. (NQS), Nuveen
Quality Income Municipal Fund, Inc. (NQU) and Nuveen Premier Municipal Income Fund, Inc. (NPF).
Each Fund invests primarily in a diversified portfolio of municipal obligations issued by state and local government
authorities. The Funds are registered under the Investment Company Act of 1940 as closed-end, diversified
management investment companies.
The following is a summary of significant accounting policies followed by the Funds in the preparation of their
financial statements in accordance with generally accepted accounting principles.
The prices of municipal bonds in each Fund's investment portfolio are provided by a pricing service approved by
the Fund's Board of Directors. When price quotes are not readily available (which is usually the case for
municipal securities), the pricing service establishes fair market value based on yields or prices of municipal bonds
of comparable quality, type of issue, coupon, maturity and rating, indications of value from securities dealers and
general market conditions. Temporary investments in securities that have variable rate and demand features
qualifying them as short-term securities are valued at amortized cost, which approximates market value.
Securities transactions are recorded on a trade date basis. Realized gains and losses from such transactions are
determined on the specific identification method. Securities purchased or sold on a when-issued or delayed
delivery basis may have extended settlement periods. The securities so purchased are subject to market
fluctuation during this period. The Funds have instructed the custodian to segregate assets in a separate account
with a curre