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Portfolio of Investments (Unaudited)
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Nuveen California Select Tax-Free Income Portfolio (NXC)
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December 31, 2008
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Principal
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Optional Call
|
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Amount (000)
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|
Description (1)
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Provisions (2)
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Ratings (3)
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Value
|
|
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|
Consumer Staples 3.7%
|
|
|
|
|
|
|
$ 200
|
|
California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Sonoma
|
|
6/15 at 100.00
|
|
BBB
|
$
|
172,312
|
|
|
County Tobacco Securitization Corporation, Series 2005, 4.250%, 6/01/21
|
|
|
|
|
|
|
1,365
|
|
California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Revenue
|
|
6/12 at 100.00
|
|
BBB
|
|
1,239,625
|
|
|
Bonds, Fresno County Tobacco Funding Corporation, Series 2002, 5.625%, 6/01/23
|
|
|
|
|
|
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4,045
|
|
Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement
|
|
6/22 at 100.00
|
|
BBB
|
|
1,574,799
|
|
|
Asset-Backed Bonds, Series 2007A-2, 0.000%, 6/01/37
|
|
|
|
|
|
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5,610
|
|
Total Consumer Staples
|
|
|
|
|
|
2,986,736
|
|
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|
Education and Civic Organizations 11.0%
|
|
|
|
|
|
|
3,000
|
|
California Educational Facilities Authority, Revenue Bonds, Santa Clara University, Series
|
|
4/18 at 100.00
|
|
Aa3
|
|
2,993,400
|
|
|
2008A, 5.625%, 4/01/37
|
|
|
|
|
|
|
1,000
|
|
California Educational Facilities Authority, Revenue Bonds, Stanford University, Series 1999P,
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|
12/09 at 101.00
|
|
AAA
|
|
1,009,950
|
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|
5.000%, 12/01/23
|
|
|
|
|
|
|
45
|
|
California Educational Facilities Authority, Revenue Bonds, University of Redlands, Series
|
|
10/15 at 100.00
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|
A3
|
|
36,270
|
|
|
2005A, 5.000%, 10/01/35
|
|
|
|
|
|
|
1,000
|
|
California Educational Facilities Authority, Revenue Bonds, University of San Diego, Series
|
|
10/12 at 100.00
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|
A2
|
|
1,001,250
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2002A, 5.500%, 10/01/32
|
|
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California Educational Facilities Authority, Revenue Bonds, University of the Pacific,
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|
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|
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|
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Series 2006:
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|
|
|
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|
35
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|
5.000%, 11/01/21
|
|
11/15 at 100.00
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|
A2
|
|
30,850
|
45
|
|
5.000%, 11/01/25
|
|
11/15 at 100.00
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|
A2
|
|
37,523
|
3,000
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|
California Infrastructure Economic Development Bank, Revenue Bonds, J. David Gladstone
|
|
10/11 at 101.00
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A
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|
3,022,440
|
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|
Institutes, Series 2001, 5.500%, 10/01/19
|
|
|
|
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1,000
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|
Long Beach Bond Financing Authority, California, Lease Revenue Refunding Bonds, Long Beach
|
|
11/11 at 101.00
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A
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|
756,960
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|
|
Aquarium of the South Pacific, Series 2001, 5.250%, 11/01/30 AMBAC Insured
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|
|
|
|
|
|
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9,125
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|
Total Education and Civic Organizations
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|
|
|
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|
8,888,643
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Health Care 9.9%
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|
|
|
|
|
|
110
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|
California Health Facilities Financing Authority, Revenue Bonds, Kaiser Permanante System,
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|
4/16 at 100.00
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A+
|
|
77,950
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|
|
Series 2006, 5.000%, 4/01/37
|
|
|
|
|
|
|
965
|
|
California Health Facilities Financing Authority, Revenue Bonds, Sutter Health, Series 2008,
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|
11/16 at 100.00
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|
AA
|
|
577,045
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|
Trust 3146, 11.416%, 11/15/46 (IF)
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|
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2,000
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California Infrastructure Economic Development Bank, Revenue Bonds, Kaiser Hospital Assistance
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8/11 at 102.00
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A+
|
|
1,652,600
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LLC, Series 2001A, 5.550%, 8/01/31
|
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1,500
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California Statewide Community Development Authority, Hospital Revenue Bonds, Monterey
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|
6/13 at 100.00
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AAA
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|
1,586,685
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|
Peninsula Hospital, Series 2003B, 5.250%, 6/01/18 FSA Insured
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|
|
|
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1,500
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|
California Statewide Community Development Authority, Insured Mortgage Hospital Revenue Bonds,
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|
11/09 at 102.00
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A+
|
|
1,349,520
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|
Mission Community Hospital, Series 2001, 5.375%, 11/01/26
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|
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|
545
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|
California Statewide Community Development Authority, Revenue Bonds, Kaiser Permanente System,
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|
8/16 at 100.00
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A+
|
|
420,991
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|
|
Series 2001C, 5.250%, 8/01/31
|
|
|
|
|
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1,880
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|
California Statewide Community Development Authority, Revenue Bonds, Los Angeles Orthopaedic
|
|
6/09 at 100.00
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A
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|
1,811,154
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Hospital Foundation, Series 2000, 5.500%, 6/01/17 AMBAC Insured
|
|
|
|
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540
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|
Loma Linda, California, Hospital Revenue Bonds, Loma Linda University Medical Center, Series
|
|
12/18 at 100.00
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|
BBB
|
|
503,674
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|
|
2008A, 8.250%, 12/01/38
|
|
|
|
|
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|
9,040
|
|
Total Health Care
|
|
|
|
|
|
7,979,619
|
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Housing/Multifamily 0.8%
|
|
|
|
|
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|
750
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|
California Statewide Community Development Authority, Student Housing Revenue Bonds, EAH
|
|
8/12 at 100.00
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|
Baa1
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|
616,845
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Irvine East Campus Apartments, LLC Project, Series 2002A, 5.500%, 8/01/22 ACA Insured
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|
|
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|
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Housing/Single Family 0.1%
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|
|
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|
|
|
135
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|
California Housing Finance Agency, Home Mortgage Revenue Bonds, Series 2006H, 5.750%,
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|
2/16 at 100.00
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|
Aa2
|
|
129,817
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|
|
8/01/30 FGIC Insured (Alternative Minimum Tax)
|
|
|
|
|
|
|
|
|
|
Industrials 1.6%
|
|
|
|
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|
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1,250
|
|
California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Republic
|
|
No Opt. Call
|
|
BBB
|
|
924,388
|
|
|
Services Inc., Series 2002C, 5.250%, 6/01/23 (Mandatory put 12/01/17) (Alternative
|
|
|
|
|
|
|
|
|
Minimum Tax)
|
|
|
|
|
|
|
500
|
|
California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Waste
|
|
1/16 at 102.00
|
|
BBB
|
|
325,570
|
|
|
Management Inc., Series 2002A, 5.000%, 1/01/22 (Alternative Minimum Tax)
|
|
|
|
|
|
|
|
1,750
|
|
Total Industrials
|
|
|
|
|
|
1,249,958
|
|
|
|
Long-Term Care 2.6%
|
|
|
|
|
|
|
1,500
|
|
ABAG Finance Authority for Non-Profit Corporations, California, Insured Senior Living Revenue
|
|
11/12 at 100.00
|
|
A+
|
|
1,389,975
|
|
|
Bonds, Odd Fellows Home of California, Series 2003A, 5.200%, 11/15/22
|
|
|
|
|
|
|
1,000
|
|
California Statewide Communities Development Authority, Revenue Bonds, Inland Regional Center
|
|
12/17 at 100.00
|
|
Baa1
|
|
677,350
|
|
|
Project, Series 2007, 5.250%, 12/01/27
|
|
|
|
|
|
|
|
2,500
|
|
Total Long-Term Care
|
|
|
|
|
|
2,067,325
|
|
|
|
Tax Obligation/General 23.4%
|
|
|
|
|
|
|
|
|
California, General Obligation Bonds, Series 2004:
|
|
|
|
|
|
|
750
|
|
5.000%, 2/01/23
|
|
2/14 at 100.00
|
|
A+
|
|
723,293
|
800
|
|
5.125%, 4/01/25
|
|
4/14 at 100.00
|
|
A+
|
|
764,496
|
1,000
|
|
Fremont Unified School District, Alameda County, California, General Obligation Bonds, Series
|
|
8/12 at 101.00
|
|
AA
|
|
1,009,740
|
|
|
2002A, 5.000%, 8/01/21 FGIC Insured
|
|
|
|
|
|
|
|
|
Golden West Schools Financing Authority, California, General Obligation Revenue Refunding
|
|
|
|
|
|
|
|
|
Bonds, School District Program, Series 1999A:
|
|
|
|
|
|
|
4,650
|
|
0.000%, 8/01/16 MBIA Insured
|
|
No Opt. Call
|
|
AA
|
|
3,251,652
|
1,750
|
|
0.000%, 2/01/17 MBIA Insured
|
|
No Opt. Call
|
|
AA
|
|
1,180,690
|
2,375
|
|
0.000%, 8/01/17 MBIA Insured
|
|
No Opt. Call
|
|
AA
|
|
1,558,071
|
2,345
|
|
0.000%, 2/01/18 MBIA Insured
|
|
No Opt. Call
|
|
AA
|
|
1,479,296
|
|
|
Mountain View-Los Altos Union High School District, Santa Clara County, California, General
|
|
|
|
|
|
|
|
|
Obligation Capital Appreciation Bonds, Series 1995C:
|
|
|
|
|
|
|
1,015
|
|
0.000%, 5/01/17 MBIA Insured
|
|
No Opt. Call
|
|
AA
|
|
688,627
|
1,080
|
|
0.000%, 5/01/18 MBIA Insured
|
|
No Opt. Call
|
|
AA
|
|
684,515
|
100
|
|
Roseville Joint Union High School District, Placer County, California, General Obligation
|
|
8/15 at 100.00
|
|
AA
|
|
96,591
|
|
|
Bonds, Series 2006B, 5.000%, 8/01/27 FGIC Insured
|
|
|
|
|
|
|
3,220
|
|
Sacramento City Unified School District, Sacramento County, California, General Obligation
|
|
7/15 at 100.00
|
|
Aa3
|
|
3,136,602
|
|
|
Bonds, Series 2005, 5.000%, 7/01/27 MBIA Insured
|
|
|
|
|
|
|
1,500
|
|
San Diego Unified School District, San Diego County, California, General Obligation Bonds,
|
|
7/13 at 101.00
|
|
AAA
|
|
1,640,925
|
|
|
Series 2003E, 5.250%, 7/01/24 FSA Insured
|
|
|
|
|
|
|
2,565
|
|
Sunnyvale School District, Santa Clara County, California, General Obligation Bonds, Series
|
|
9/15 at 100.00
|
|
AAA
|
|
2,569,155
|
|
|
2005A, 5.000%, 9/01/26 FSA Insured
|
|
|
|
|
|
|
|
23,150
|
|
Total Tax Obligation/General
|
|
|
|
|
|
18,783,653
|
|
|
|
Tax Obligation/Limited 17.3%
|
|
|
|
|
|
|
1,000
|
|
Bell Community Redevelopment Agency, California, Tax Allocation Bonds, Bell Project Area,
|
|
10/13 at 100.00
|
|
BBB+
|
|
769,670
|
|
|
Series 2003, 5.625%, 10/01/33 RAAI Insured
|
|
|
|
|
|
|
3,500
|
|
California State Public Works Board, Lease Revenue Bonds, Department of Corrections,
|
|
No Opt. Call
|
|
AA
|
|
3,994,267
|
|
|
Calipatria State Prison, Series 1991A, 6.500%, 9/01/17 MBIA Insured (4)
|
|
|
|
|
|
|
1,000
|
|
California State Public Works Board, Lease Revenue Bonds, Department of Mental Health,
|
|
6/14 at 100.00
|
|
A
|
|
945,510
|
|
|
Coalinga State Hospital, Series 2004A, 5.500%, 6/01/23
|
|
|
|
|
|
|
120
|
|
Capistrano Unified School District, Orange County, California, Special Tax Bonds, Community
|
|
9/15 at 100.00
|
|
AA
|
|
96,442
|
|
|
Facilities District, Series 2005, 5.000%, 9/01/24 FGIC Insured
|
|
|
|
|
|
|
360
|
|
Chino Redevelopment Agency, California, Merged Chino Redevelopment Project Area Tax Allocation
|
|
9/16 at 101.00
|
|
AA
|
|
255,910
|
|
|
Bonds, Series 2006, 5.000%, 9/01/38 AMBAC Insured
|
|
|
|
|
|
|
1,000
|
|
Fontana Public Financing Authority, California, Tax Allocation Revenue Bonds, North Fontana
|
|
10/15 at 100.00
|
|
A
|
|
756,350
|
|
|
Redevelopment Project, Series 2005A, 5.000%, 10/01/32 AMBAC Insured
|
|
|
|
|
|
|
1,050
|
|
Golden State Tobacco Securitization Corporation, California, Enhanced Asset Backed Settlement
|
|
6/15 at 100.00
|
|
A
|
|
80,399
|
|
|
Revenue Bonds, Series 2005A, Trust Series 1500, 1.508%, 6/01/45 AMBAC Insured (IF)
|
|
|
|
|
|
|
|
|
Irvine, California, Unified School District, Community Facilities District Special Tax Bonds,
|
|
|
|
|
|
|
|
|
Series 2006A:
|
|
|
|
|
|
|
60
|
|
5.000%, 9/01/26
|
|
9/16 at 100.00
|
|
N/R
|
|
40,777
|
135
|
|
5.125%, 9/01/36
|
|
9/16 at 100.00
|
|
N/R
|
|
84,335
|
215
|
|
Los Angeles Community Redevelopment Agency, California, Lease Revenue Bonds, Manchester Social
|
|
9/15 at 100.00
|
|
A2
|
|
159,268
|
|
|
Services Project, Series 2005, 5.000%, 9/01/37 AMBAC Insured
|
|
|
|
|
|
|
1,300
|
|
Orange County, California, Special Tax Bonds, Community Facilities District 03-1 of Ladera
|
|
8/12 at 101.00
|
|
N/R
|
|
893,191
|
|
|
Ranch, Series 2004A, 5.625%, 8/15/34
|
|
|
|
|
|
|
105
|
|
Rialto Redevelopment Agency, California, Tax Allocation Bonds, Merged Project Area, Series
|
|
9/15 at 100.00
|
|
A
|
|
77,821
|
|
|
2005A, 5.000%, 9/01/35 SYNCORA GTY Insured
|
|
|
|
|
|
|
130
|
|
Roseville, California, Certificates of Participation, Public Facilities, Series 2003A, 5.000%,
|
|
8/13 at 100.00
|
|
A
|
|
112,818
|
|
|
8/01/25 AMBAC Insured
|
|
|
|
|
|
|
605
|
|
Sacramento City Financing Authority, California, Lease Revenue Refunding Bonds, Series 1993A,
|
|
No Opt. Call
|
|
AA
|
|
629,006
|
|
|
5.400%, 11/01/20 MBIA Insured
|
|
|
|
|
|
|
3,000
|
|
San Mateo County Transit District, California, Sales Tax Revenue Bonds, Series 2005A, 5.000%,
|
|
6/15 at 100.00
|
|
AA
|
|
3,062,580
|
|
|
6/01/21 MBIA Insured
|
|
|
|
|
|
|
225
|
|
San Mateo Union High School District, San Mateo County, California, Certificates of
|
|
12/17 at 100.00
|
|
AA
|
|
174,377
|
|
|
Participation, Phase 1, Series 2007A, 5.000%, 12/15/30 AMBAC Insured
|
|
|
|
|
|
|
1,000
|
|
Santa Clara County Board of Education, California, Certificates of Participation, Series 2002,
|
|
4/12 at 101.00
|
|
AA
|
|
948,710
|
|
|
5.000%, 4/01/25 MBIA Insured
|
|
|
|
|
|
|
1,000
|
|
Travis Unified School District, Solano County, California, Certificates of Participation,
|
|
9/16 at 100.00
|
|
N/R
|
|
793,340
|
|
|
Series 2006, 5.000%, 9/01/26 FGIC Insured
|
|
|
|
|
|
|
|
15,805
|
|
Total Tax Obligation/Limited
|
|
|
|
|
|
13,874,771
|
|
|
|
Transportation 5.5%
|
|
|
|
|
|
|
1,150
|
|
Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Series
|
|
1/10 at 100.00
|
|
BBB
|
|
773,019
|
|
|
1995A, 5.000%, 1/01/35
|
|
|
|
|
|
|
3,500
|
|
Los Angeles Harbors Department, California, Revenue Refunding Bonds, Series 2001B, 5.500%,
|
|
8/11 at 100.00
|
|
AA
|
|
3,350,060
|
|
|
8/01/17 AMBAC Insured (Alternative Minimum Tax)
|
|
|
|
|
|
|
445
|
|
San Francisco Airports Commission, California, Revenue Bonds, San Francisco International
|
|
5/09 at 101.00
|
|
AA
|
|
339,250
|
|
|
Airport, Second Series 1999, Issue 23A, 5.000%, 5/01/30 FGIC Insured (Alternative
|
|
|
|
|
|
|
|
|
Minimum Tax)
|
|
|
|
|
|
|
|
5,095
|
|
Total Transportation
|
|
|
|
|
|
4,462,329
|
|
|
|
U.S. Guaranteed 14.8% (5)
|
|
|
|
|
|
|
400
|
|
Beverly Hills Unified School District, Los Angeles County, California, General Obligation
|
|
8/12 at 100.00
|
|
AA (5)
|
|
447,292
|
|
|
Bonds, Series 2002A, 5.000%, 8/01/26 (Pre-refunded 8/01/12)
|
|
|
|
|
|
|
|
|
California Department of Water Resources, Power Supply Revenue Bonds, Series 2002A:
|
|
|
|
|
|
|
1,750
|
|
5.750%, 5/01/17 (Pre-refunded 5/01/12)
|
|
5/12 at 101.00
|
|
Aaa
|
|
2,003,540
|
2,000
|
|
5.125%, 5/01/19 (Pre-refunded 5/01/12)
|
|
5/12 at 101.00
|
|
Aaa
|
|
2,249,320
|
2,600
|
|
California Educational Facilities Authority, Revenue Bonds, University of the Pacific, Series
|
|
11/11 at 100.00
|
|
A2 (5)
|
|
2,874,612
|
|
|
2002, 5.250%, 11/01/21 (Pre-refunded 11/01/11)
|
|
|
|
|
|
|
800
|
|
California, General Obligation Bonds, Series 2004, 5.125%, 2/01/27 (Pre-refunded 2/01/14)
|
|
2/14 at 100.00
|
|
AAA
|
|
923,688
|
2,000
|
|
North Orange County Community College District, California, General Obligation Bonds, Series
|
|
8/12 at 101.00
|
|
AA (5)
|
|
2,247,140
|
|
|
2002A, 5.000%, 8/01/22 (Pre-refunded 8/01/12) MBIA Insured
|
|
|
|
|
|
|
1,000
|
|
Port of Oakland, California, Revenue Bonds, Series 2002M, 5.250%, 11/01/20 (Pre-refunded
|
|
11/12 at 100.00
|
|
A+ (5)
|
|
1,130,310
|
|
|
11/01/12) FGIC Insured
|
|
|
|
|
|
|
|
10,550
|
|
Total U.S. Guaranteed
|
|
|
|
|
|
11,875,902
|
|
|
|
Utilities 5.3%
|
|
|
|
|
|
|
645
|
|
Long Beach Bond Finance Authority, California, Natural Gas Purchase Revenue Bonds, Series
|
|
No Opt. Call
|
|
A
|
|
437,362
|
|
|
2007A, 5.500%, 11/15/37
|
|
|
|
|
|
|
200
|
|
Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series
|
|
7/13 at 100.00
|
|
AA
|
|
203,870
|
|
|
2003A-2, 5.000%, 7/01/21 MBIA Insured
|
|
|
|
|
|
|
7,600
|
|
Merced Irrigation District, California, Certificates of Participation, Water and Hydroelectric
|
|
9/16 at 64.56
|
|
A
|
|
2,640,316
|
|
|
System Projects, Series 2008A, 0.000%, 9/01/23
|
|
|
|
|
|
|
215
|
|
Merced Irrigation District, California, Electric System Revenue Bonds, Series 2005, 5.125%,
|
|
9/15 at 100.00
|
|
BBB
|
|
138,159
|
|
|
9/01/31 SYNCORA GTY Insured
|
|
|
|
|
|
|
780
|
|
Turlock Irrigation District, California, Revenue Refunding Bonds, Series 1992A, 6.250%,
|
|
No Opt. Call
|
|
A1
|
|
818,961
|
|
|
1/01/12 MBIA Insured
|
|
|
|
|
|
|
|
9,440
|
|
Total Utilities
|
|
|
|
|
|
4,238,668
|
|
|
|
Water and Sewer 2.1%
|
|
|
|
|
|
|
150
|
|
Healdsburg Public Financing Authority, California, Wastewater Revenue Bonds, Series 2006,
|
|
4/16 at 100.00
|
|
AA
|
|
124,238
|
|
|
5.000%, 4/01/36 MBIA Insured
|
|
|
|
|
|
|
250
|
|
Sacramento County Sanitation District Financing Authority, California, Revenue Bonds, Series
|
|
6/16 at 100.00
|
|
AA
|
|
235,678
|
|
|
2006, 5.000%, 12/01/31 FGIC Insured
|
|
|
|
|
|
|
825
|
|
South Feather Water and Power Agency, California, Water Revenue Certificates of Participation,
|
|
4/13 at 100.00
|
|
BBB
|
|
631,529
|
|
|
Solar Photovoltaic Project, Series 2003, 5.375%, 4/01/24
|
|
|
|
|
|
|
1,000
|
|
Woodbridge Irrigation District, California, Certificates of Participation, Water Systems
|
|
7/13 at 100.00
|
|
BBB+
|
|
681,310
|
|
|
Project, Series 2003, 5.625%, 7/01/43
|
|
|
|
|
|
|
|
2,225
|
|
Total Water and Sewer
|
|
|
|
|
|
1,672,755
|
|
$ 95,175
|
|
Total Long-Term Investments (cost $85,654,155) 98.1%
|
|
|
|
|
|
78,827,021
|
|
|
|
Principal
|
|
|
|
|
|
|
|
|
Amount (000)
|
|
Description (1)
|
|
Coupon
|
|
Maturity
|
|
Value
|
|
|
|
Short-Term Investments 0.4%
|
|
|
|
|
|
|
$ 335
|
|
State Street Euro Dollar Time Deposit
|
|
0.010%
|
|
1/02/09
|
$
|
334,551
|
|
|
|
|
|
Total Short-Term Investments (cost $334,551)
|
|
|
|
|
|
334,551
|
|
|
|
|
|
Total Investments (cost $85,988,706) 98.5%
|
|
|
|
|
|
79,161,572
|
|
|
|
|
|
Other Assets Less Liabilities 1.5%
|
|
|
|
|
|
1,173,503
|
|
|
|
|
|
Net Assets 100%
|
|
|
|
|
$
|
80,335,075
|
|
|
|