|
|
|
|
|
|
|
|
Portfolio of Investments (Unaudited)
|
|
|
|
|
|
Nuveen Dividend Advantage Municipal Fund (NAD)
|
|
|
|
|
|
July 31, 2010
|
|
|
|
Principal
|
|
|
Optional Call
|
|
|
Amount (000)
|
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Municipal Bonds – 151.1% (99.9% of Total Investments)
|
|
|
|
|
|
Alabama – 0.3% (0.2% of Total Investments)
|
|
|
|
$ 1,600
|
|
Alabama 21st Century Authority, Tobacco Settlement Revenue Bonds, Series 2000, 5.750%, 12/01/20
|
12/10 at 102.00
|
A–
|
$ 1,608,416
|
|
|
Alaska – 0.1% (0.1% of Total Investments)
|
|
|
|
750
|
|
Alaska Housing Finance Corporation, General Housing Purpose Bonds, Series 2005A, 5.250%,
|
12/14 at 100.00
|
AA+
|
771,743
|
|
|
12/01/34 – FGIC Insured (UB)
|
|
|
|
|
|
Arizona – 1.2% (0.8% of Total Investments)
|
|
|
|
2,350
|
|
Phoenix, Arizona, Civic Improvement Corporation, Senior Lien Airport Revenue Bonds, Series
|
7/18 at 100.00
|
AA–
|
2,399,985
|
|
|
2008A, 5.000%, 7/01/33
|
|
|
|
5,000
|
|
Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc
|
No Opt. Call
|
A
|
4,457,600
|
|
|
Prepay Contract Obligations, Series 2007, 5.000%, 12/01/37
|
|
|
|
7,350
|
|
Total Arizona
|
|
|
6,857,585
|
|
|
California – 6.5% (4.3% of Total Investments)
|
|
|
|
1,535
|
|
Alameda Corridor Transportation Authority, California, Senior Lien Revenue Bonds, Series
|
No Opt. Call
|
A
|
254,472
|
|
|
1999A, 0.000%, 10/01/37 – NPFG Insured
|
|
|
|
6,000
|
|
Anaheim Public Finance Authority, California, Subordinate Lease Revenue Bonds, Public
|
No Opt. Call
|
AAA
|
1,981,680
|
|
|
Improvement Project, Series 1997C, 0.000%, 9/01/28 – AGM Insured
|
|
|
|
6,750
|
|
California Statewide Community Development Authority, Revenue Bonds, Methodist Hospital
|
8/19 at 100.00
|
AA
|
7,530,570
|
|
|
Project, Series 2009, 6.750%, 2/01/38
|
|
|
|
65
|
|
California, General Obligation Bonds, Series 1997, 5.000%, 10/01/18 – AMBAC Insured
|
10/10 at 100.00
|
A1
|
65,153
|
5,000
|
|
California, General Obligation Bonds, Series 2005, 5.000%, 3/01/31
|
3/16 at 100.00
|
A1
|
4,974,350
|
|
|
Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement
|
|
|
|
|
|
Asset-Backed Revenue Bonds, Series 2005A:
|
|
|
|
3,500
|
|
0.000%, 6/01/26 – AGM Insured
|
No Opt. Call
|
AAA
|
1,400,560
|
9,925
|
|
5.000%, 6/01/45 – AGC Insured
|
6/15 at 100.00
|
AAA
|
9,514,105
|
|
|
Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed
|
|
|
|
|
|
Bonds, Series 2007A-1:
|
|
|
|
5,750
|
|
5.000%, 6/01/33
|
6/17 at 100.00
|
BBB
|
4,394,438
|
1,000
|
|
5.125%, 6/01/47
|
6/17 at 100.00
|
BBB
|
645,660
|
2,200
|
|
M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009C,
|
No Opt. Call
|
A
|
2,417,052
|
|
|
6.500%,11/01/39
|
|
|
|
1,495
|
|
Palmdale Civic Authority, California, Revenue Refinancing Bonds, Civic Center Project, Series
|
1/11 at 100.00
|
A
|
1,499,934
|
|
|
1997A, 5.375%, 7/01/12 – NPFG Insured
|
|
|
|
17,000
|
|
San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue
|
No Opt. Call
|
A
|
2,389,690
|
|
|
Refunding Bonds, Series 1997A, 0.000%, 1/15/35 – NPFG Insured
|
|
|
|
60,220
|
|
Total California
|
|
|
37,067,664
|
|
|
Colorado – 5.5% (3.7% of Total Investments)
|
|
|
|
1,125
|
|
Antelope Heights Metropolitan District, Colorado, Limited Tax General Obligation Bonds, Series
|
12/17 at 100.00
|
N/R
|
872,685
|
|
|
2007, 5.000%, 12/01/37 – RAAI Insured
|
|
|
|
3,330
|
|
Colorado Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives,
|
7/19 at 100.00
|
AA
|
3,562,201
|
|
|
Series 2009A, 5.500%, 7/01/34
|
|
|
|
|
|
Denver City and County, Colorado, Airport Special Facilities Revenue Bonds, Rental Car
|
|
|
|
|
|
Projects, Series 1999A:
|
|
|
|
2,170
|
|
6.000%, 1/01/12 – NPFG Insured (Alternative Minimum Tax)
|
1/11 at 100.00
|
A
|
2,189,074
|
675
|
|
6.000%, 1/01/13 – NPFG Insured (Alternative Minimum Tax)
|
1/11 at 100.00
|
A
|
680,670
|
1,475
|
|
Denver, Colorado, FHA-Insured Multifamily Housing Revenue Bonds, Boston Lofts Project, Series
|
10/10 at 100.00
|
BB+
|
1,457,448
|
|
|
1997A, 5.750%, 10/01/27 (Alternative Minimum Tax)
|
|
|
|
8,515
|
|
E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 1997B, 0.000%,
|
No Opt. Call
|
A
|
3,340,349
|
|
|
9/01/25 – NPFG Insured
|
|
|
|
25,000
|
|
E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000B, 0.000%,
|
No Opt. Call
|
A
|
6,066,250
|
|
|
9/01/31 – NPFG Insured
|
|
|
|
60,000
|
|
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004A, 0.000%, 3/01/36 –
|
No Opt. Call
|
A
|
10,191,600
|
|
|
NPFG Insured
|
|
|
|
12,500
|
|
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2006A, 0.000%, 9/01/38 –
|
9/26 at 54.77
|
A
|
1,715,375
|
|
|
NPFG Insured
|
|
|
|
2,000
|
|
Metropolitan Football Stadium District, Colorado, Sales Tax Revenue Bonds, Series 1999A,
|
No Opt. Call
|
A
|
1,960,780
|
|
|
0.000%, 1/01/12 – NPFG Insured
|
|
|
|
116,790
|
|
Total Colorado
|
|
|
32,036,432
|
|
|
Connecticut – 0.4% (0.2% of Total Investments)
|
|
|
|
4,335
|
|
Mashantucket Western Pequot Tribe, Connecticut, Subordinate Special Revenue Bonds, Series
|
11/17 at 100.00
|
N/R
|
2,091,204
|
|
|
2007A, 5.750%, 9/01/34
|
|
|
|
|
|
Florida – 10.9% (7.2% of Total Investments)
|
|
|
|
1,325
|
|
Florida Housing Finance Agency, Housing Revenue Bonds, Mar Lago Village Apartments, Series
|
12/10 at 100.00
|
N/R
|
1,325,676
|
|
|
1997F, 5.800%, 12/01/17 – AMBAC Insured (Alternative Minimum Tax)
|
|
|
|
15,000
|
|
Florida State Board of Education, Public Education Capital Outlay Bonds, Series 2005E, 4.500%,
|
6/15 at 101.00
|
AAA
|
15,094,800
|
|
|
6/01/35 (UB)
|
|
|
|
2,500
|
|
Marion County Hospital District, Florida, Revenue Bonds, Munroe Regional Medical Center,
|
10/17 at 100.00
|
A3
|
2,356,075
|
|
|
Series 2007, 5.000%, 10/01/34
|
|
|
|
13,625
|
|
Martin County Industrial Development Authority, Florida, Industrial Development Revenue Bonds,
|
12/10 at 100.00
|
BB+
|
13,624,864
|
|
|
Indiantown Cogeneration LP, Series 1994A, 7.875%, 12/15/25 (Alternative Minimum Tax)
|
|
|
|
|
|
South Miami Health Facilities Authority, Florida, Hospital Revenue, Baptist Health System
|
|
|
|
|
|
Obligation Group, Series 2007:
|
|
|
|
22,000
|
|
5.000%, 8/15/37 (UB)
|
8/17 at 100.00
|
AA–
|
22,025,300
|
7,370
|
|
5.000%, 8/15/42 (UB)
|
8/17 at 100.00
|
AA–
|
7,311,630
|
61,820
|
|
Total Florida
|
|
|
61,738,345
|
|
|
Georgia – 0.8% (0.5% of Total Investments)
|
|
|
|
5,000
|
|
Cobb County Development Authority, Georgia, Student Housing Revenue Bonds, KSU Village II Real
|
7/17 at 100.00
|
Baa2
|
4,538,400
|
|
|
Estate Foundation LLC Project, Series 2007A, 5.250%, 7/15/38 – AMBAC Insured
|
|
|
|
|
|
Idaho – 0.1% (0.1% of Total Investments)
|
|
|
|
110
|
|
Idaho Housing and Finance Association, Single Family Mortgage Bonds, Series 1999E, 5.750%,
|
1/11 at 100.50
|
Aa2
|
114,458
|
|
|
1/01/21 (Alternative Minimum Tax)
|
|
|
|
140
|
|
Idaho Housing and Finance Association, Single Family Mortgage Bonds, Series 2000D, 6.350%,
|
1/11 at 100.00
|
Aa2
|
142,926
|
|
|
7/01/22 (Alternative Minimum Tax)
|
|
|
|
195
|
|
Idaho Housing and Finance Association, Single Family Mortgage Bonds, Series 2000E, 5.950%,
|
1/11 at 100.00
|
Aaa
|
204,750
|
|
|
7/01/20 (Alternative Minimum Tax)
|
|
|
|
445
|
|
Total Idaho
|
|
|
462,134
|
|
|
Illinois – 31.7% (20.9% of Total Investments)
|
|
|
|
1,560
|
|
Channahon, Illinois, Revenue Refunding Bonds, Morris Hospital, Series 1999, 5.750%, 12/01/12
|
12/10 at 101.00
|
BBB+
|
1,594,772
|
2,205
|
|
Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax
|
No Opt. Call
|
Aa2
|
780,019
|
|
|
Revenues, Series 1998B-1, 0.000%, 12/01/29 – FGIC Insured
|
|
|
|
7,250
|
|
Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax
|
No Opt. Call
|
Aa2
|
8,292,550
|
|
|
Revenues, Series 1999A, 5.500%, 12/01/26 – FGIC Insured
|
|
|
|
|
|
Chicago, Illinois, FHA/GNMA Multifamily Housing Revenue Bonds, Archer Court Apartments,
|
|
|
|
|
|
Series 1999A:
|
|
|
|
655
|
|
5.500%, 12/20/19 (Alternative Minimum Tax)
|
10/10 at 101.00
|
AA–
|
663,319
|
1,210
|
|
5.600%, 12/20/29 (Alternative Minimum Tax)
|
10/10 at 101.00
|
AA–
|
1,221,834
|
1,925
|
|
5.650%, 12/20/40 (Alternative Minimum Tax)
|
10/10 at 101.00
|
AA–
|
1,940,400
|
22,750
|
|
Chicago, Illinois, General Obligation Refunding Bonds, Emergency Telephone System, Series
|
No Opt. Call
|
Aa2
|
26,407,745
|
|
|
1999, 5.500%, 1/01/23 – FGIC Insured
|
|
|
|
2,150
|
|
Chicago, Illinois, Motor Fuel Tax Revenue Refunding Bonds, Series 1993, 5.375%, 1/01/14 –
|
No Opt. Call
|
AA+
|
2,311,379
|
|
|
AMBAC Insured
|
|
|
|
3,340
|
|
Chicago, Illinois, Third Lien General Airport Revenue Bonds, O’Hare International Airport,
|
1/16 at 100.00
|
A1
|
3,324,269
|
|
|
Series 2005A, 5.000%, 1/01/33 – FGIC Insured
|
|
|
|
190
|
|
DuPage County Community School District 200, Wheaton, Illinois, General Obligation Bonds,
|
11/13 at 100.00
|
Aa2
|
211,219
|
|
|
Series 2003B, 5.250%, 11/01/20 – AGM Insured
|
|
|
|
810
|
|
DuPage County Community School District 200, Wheaton, Illinois, General Obligation Bonds,
|
11/13 at 100.00
|
Aa2 (4)
|
928,260
|
|
|
Series 2003B, 5.250%, 11/01/20 (Pre-refunded 11/01/13) – AGM Insured
|
|
|
|
500
|
|
Hoffman Estates Park District, Cook County, Illinois, General Obligation Bonds, Series 1999,
|
12/11 at 100.00
|
AA+
|
506,550
|
|
|
5.375%, 12/01/29 – NPFG Insured
|
|
|
|
3,935
|
|
Illinois Development Finance Authority, Local Government Program Revenue Bonds, Lake County
|
No Opt. Call
|
Baa1
|
3,463,351
|
|
|
School District 116 – Round Lake, Series 1999, 0.000%, 1/01/15 – NPFG Insured
|
|
|
|
1,500
|
|
Illinois Finance Authority, Revenue Bonds, Central DuPage Health, Series 2009B,
|
11/19 at 100.00
|
AA
|
1,569,600
|
|
|
5.500%, 11/01/39
|
|
|
|
2,000
|
|
Illinois Finance Authority, Revenue Bonds, Children’s Memorial Hospital, Series 2008A, 5.250%,
|
8/18 at 100.00
|
AAA
|
2,018,480
|
|
|
8/15/47 – AGC Insured (UB)
|
|
|
|
1,000
|
|
Illinois Finance Authority, Revenue Bonds, Edward Health Services Corporation, Series 2008A,
|
2/18 at 100.00
|
A+
|
1,005,490
|
|
|
5.500%, 2/01/40 – AMBAC Insured
|
|
|
|
5,570
|
|
Illinois Finance Authority, Revenue Bonds, University of Chicago, Series 2004A, 5.000%, 7/01/34
|
7/14 at 100.00
|
Aa1
|
5,830,955
|
4,000
|
|
Illinois Finance Authority, Revenue Refunding Bonds, Silver Cross Hospital and Medical
|
8/18 at 100.00
|
BBB
|
4,148,440
|
|
|
Centers, Series 2008A, 6.000%, 8/15/23
|
|
|
|
9,800
|
|
Illinois Health Facilities Authority, Remarketed Revenue Bonds, University of Chicago Project,
|
8/11 at 103.00
|
Aa1
|
10,232,278
|
|
|
Series 1985A, 5.500%, 8/01/20
|
|
|
|
5,595
|
|
Illinois Health Facilities Authority, Revenue Bonds, Loyola University Health System, Series
|
1/11 at 100.00
|
A
|
5,457,811
|
|
|
1997A, 5.000%, 7/01/24 – NPFG Insured
|
|
|
|
5,490
|
|
Illinois Health Facilities Authority, Revenue Bonds, Sarah Bush Lincoln Health Center, Series
|
8/10 at 100.00
|
A+
|
5,497,466
|
|
|
1996B, 5.500%, 2/15/16
|
|
|
|
1,500
|
|
Illinois Housing Development Authority, Housing Finance Bonds, Series 2005E, 4.800%, 1/01/36 –
|
1/15 at 100.00
|
A+
|
1,446,585
|
|
|
FGIC Insured
|
|
|
|
2,000
|
|
Kane & DeKalb Counties, Illinois, Community United School District 301, General Obligation
|
No Opt. Call
|
A1
|
1,202,580
|
|
|
Bonds, Series 2006, 0.000%, 12/01/21 – NPFG Insured
|
|
|
|
11,345
|
|
Lake and McHenry Counties Community Unit School District 118, Wauconda, Illinois, General
|
1/15 at 60.14
|
Aa3
|
5,499,716
|
|
|
Obligation Bonds, Series 2005B, 0.000%, 1/01/25 – AGM Insured
|
|
|
|
3,000
|
|
Lombard Public Facilities Corporation, Illinois, First Tier Conference Center and Hotel
|
1/16 at 100.00
|
N/R
|
2,445,150
|
|
|
Revenue Bonds, Series 2005A-1, 7.125%, 1/01/36
|
|
|
|
22,500
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
12/10 at 100.50
|
AAA
|
22,810,050
|
|
|
Project, Series 1999A, 5.500%, 12/15/24 – FGIC Insured
|
|
|
|
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Refunding Bonds, McCormick Place
|
|
|
|
|
|
Expansion Project, Series 1996A:
|
|
|
|
12,250
|
|
0.000%, 12/15/22 – NPFG Insured
|
No Opt. Call
|
A
|
6,657,263
|
13,000
|
|
0.000%, 12/15/23 – NPFG Insured
|
No Opt. Call
|
A
|
6,569,160
|
3,000
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Refunding Bonds, McCormick Place
|
6/12 at 101.00
|
AAA
|
3,217,710
|
|
|
Expansion Project, Series 2002B, 5.750%, 6/15/23 – NPFG Insured
|
|
|
|
1,840
|
|
Oak Park, Illinois, General Obligation Bonds, Series 2005B, 0.000%, 11/01/27 – SYNCORA
|
11/15 at 54.13
|
Aa2
|
762,680
|
|
|
GTY Insured
|
|
|
|
|
|
Regional Transportation Authority, Cook, DuPage, Kane, Lake, McHenry and Will Counties,
|
|
|
|
|
|
Illinois, General Obligation Bonds, Series 1999:
|
|
|
|
22,650
|
|
5.750%, 6/01/19 – AGM Insured
|
No Opt. Call
|
AAA
|
27,313,635
|
3,500
|
|
5.750%, 6/01/23 – AGM Insured
|
No Opt. Call
|
AAA
|
4,090,030
|
1,300
|
|
Schaumburg, Illinois, General Obligation Bonds, Series 2004B, 5.250%, 12/01/34 – FGIC Insured
|
12/14 at 100.00
|
Aaa
|
1,383,031
|
10,000
|
|
Will County Community High School District 210 Lincoln-Way, Illinois, General Obligation
|
No Opt. Call
|
Aa2
|
5,508,100
|
|
|
Bonds, Series 2006, 0.000%, 1/01/23 – AGM Insured
|
|
|
|
4,500
|
|
Will County School District 122, New Lenox, Illinois, General Obligation Bonds, Series 2000B,
|
No Opt. Call
|
Aa3
|
3,261,150
|
|
|
0.000%, 11/01/18 – AGM Insured
|
|
|
|
195,820
|
|
Total Illinois
|
|
|
179,573,027
|
|
|
Indiana – 3.7% (2.4% of Total Investments)
|
|
|
|
1,630
|
|
Hospital Authority of Delaware County, Indiana, Hospital Revenue Refunding Bonds, Cardinal
|
8/10 at 100.00
|
N/R
|
1,604,800
|
|
|
Health System, Series 1997, 5.000%, 8/01/16 – AMBAC Insured
|
|
|
|
4,000
|
|
Indiana Finance Authority, Revenue Bonds, Trinity Health Care Group, Refunding Series 2009A,
|
12/19 at 100.00
|
AA
|
4,164,440
|
|
|
5.250%, 12/01/38
|
|
|
|
2,000
|
|
Indiana Health Facility Financing Authority, Revenue Bonds, Community Foundation of Northwest
|
3/17 at 100.00
|
BBB
|
1,991,580
|
|
|
Indiana, Series 2007, 5.500%, 3/01/37
|
|
|
|
6,400
|
|
Indiana Housing and Community Development Authority, Single Family Mortgage Revenue Bonds,
|
1/17 at 100.00
|
Aaa
|
6,365,376
|
|
|
Tender Option Bond Trust 1847, 7.699%, 7/01/25 (Alternative Minimum Tax) (IF)
|
|
|
|
6,675
|
|
Indiana Municipal Power Agency, Power Supply Revenue Bonds, Series 2007A, 5.000%, 1/01/42 –
|
1/17 at 100.00
|
A+
|
6,760,640
|
|
|
NPFG Insured
|
|
|
|
20,705
|
|
Total Indiana
|
|
|
20,886,836
|
|
|
Iowa – 0.9% (0.6% of Total Investments)
|
|
|
|
7,000
|
|
Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C,
|
6/15 at 100.00
|
BBB
|
5,064,710
|
|
|
5.625%, 6/01/46
|
|
|
|
|
|
Kansas – 1.6% (1.0% of Total Investments)
|
|
|
|
3,825
|
|
Wichita, Kansas, Water and Sewerage Utility Revenue Bonds, Series 1999, 4.000%, 10/01/18 –
|
10/10 at 100.00
|
Aa2
|
3,829,475
|
|
|
FGIC Insured
|
|
|
|
3,000
|
|
Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Bonds,
|
12/15 at 100.00
|
N/R
|
3,103,350
|
|
|
Redevelopment Project Area B, Series 2005, 5.000%, 12/01/20
|
|
|
|
3,730
|
|
Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Capital
|
No Opt. Call
|
N/R
|
2,044,152
|
|
|
Appreciation Revenue Bonds Redevelopment Project Area B – Major Multi-Sport Athletic
|
|
|
|
|
|
Complex Project, Subordinate Lien Series 2010B, 0.000%, 6/01/21
|
|
|
|
10,555
|
|
Total Kansas
|
|
|
8,976,977
|
|
|
Kentucky – 1.1% (0.7% of Total Investments)
|
|
|
|
|
|
Kentucky Economic Development Finance Authority, Hospital System Revenue Refunding and
|
|
|
|
|
|
Improvement Bonds, Appalachian Regional Healthcare Inc., Series 1997:
|
|
|
|
1,850
|
|
5.850%, 10/01/17
|
10/10 at 100.00
|
BB–
|
1,762,532
|
5,000
|
|
5.875%, 10/01/22
|
10/10 at 100.00
|
BB–
|
4,512,250
|
6,850
|
|
Total Kentucky
|
|
|
6,274,782
|
|
|
Louisiana – 7.1% (4.7% of Total Investments)
|
|
|
|
1,750
|
|
Louisiana Local Government Environmental Facilities and Community Development Authority, GNMA
|
6/12 at 105.00
|
Aaa
|
1,875,178
|
|
|
Collateralized Mortgage Revenue Refunding Bonds, Sharlo Apartments, Series 2002A,
|
|
|
|
|
|
6.500%, 6/20/37
|
|
|
|
5,350
|
|
Louisiana Public Facilities Authority, Revenue Bonds, Baton Rouge General Hospital, Series
|
7/14 at 100.00
|
A
|
5,409,171
|
|
|
2004, 5.250%, 7/01/33 – NPFG Insured
|
|
|
|
9,000
|
|
Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project,
|
5/17 at 100.00
|
Baa1
|
8,490,330
|
|
|
Series 2007A, 5.500%, 5/15/47
|
|
|
|
5,445
|
|
Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Series 2006A, 4.500%, 5/01/41 –
|
5/16 at 100.00
|
Aa1
|
5,329,185
|
|
|
FGIC Insured (UB)
|
|
|
|
13,570
|
|
Louisiana Transportation Authority, Senior Lien Toll Road Revenue Bonds, Series 2005B, 0.000%,
|
12/10 at 38.73
|
Aa3
|
5,166,235
|
|
|
12/01/28 – AMBAC Insured
|
|
|
|
|
|
Tobacco Settlement Financing Corporation, Louisiana, Tobacco Settlement Asset-Backed Bonds,
|
|
|
|
|
|
Series 2001B:
|
|
|
|
8,820
|
|
5.500%, 5/15/30
|
5/11 at 101.00
|
BBB
|
8,879,535
|
5,000
|
|
5.875%, 5/15/39
|
5/11 at 101.00
|
BBB
|
4,927,800
|
48,935
|
|
Total Louisiana
|
|
|
40,077,434
|
|
|
Massachusetts – 2.2% (1.5% of Total Investments)
|
|
|
|
1,440
|
|
Boston Industrial Development Financing Authority, Massachusetts, Subordinate Revenue Bonds,
|
9/12 at 102.00
|
N/R
|
803,088
|
|
|
Crosstown Center Project, Series 2002, 8.000%, 9/01/35 (Alternative Minimum Tax)
|
|
|
|
4,365
|
|
Massachusetts Health and Educational Facilities Authority, Revenue Bonds, Berkshire Health
|
10/15 at 100.00
|
AAA
|
4,623,233
|
|
|
System, Series 2005F, 5.000%, 10/01/19 – AGC Insured
|
|
|
|
620
|
|
Massachusetts Health and Educational Facilities Authority, Revenue Bonds, CareGroup Inc.,
|
7/18 at 100.00
|
A3
|
619,560
|
|
|
Series 2008E-1 &2, 5.125%, 7/01/33
|
|
|
|
2,300
|
|
Massachusetts Health and Educational Facilities Authority, Revenue Refunding Bonds, Suffolk
|
7/19 at 100.00
|
BBB
|
2,380,132
|
|
|
University Issue, Series 2009A, 5.750%, 7/01/39
|
|
|
|
2,950
|
|
Massachusetts Housing Finance Agency, Housing Bonds, Series 2009F, 5.700%, 6/01/40
|
12/18 at 100.00
|
AA–
|
3,016,464
|
785
|
|
Massachusetts Port Authority, Special Facilities Revenue Bonds, US Airways Group Inc., Series
|
9/10 at 100.00
|
A
|
670,877
|
|
|
1996A, 5.875%, 9/01/23 – NPFG Insured (Alternative Minimum Tax)
|
|
|
|
1,000
|
|
Massachusetts Turnpike Authority, Metropolitan Highway System Revenue Bonds, Senior Series
|
No Opt. Call
|
A
|
492,380
|
|
|
1997A, 0.000%, 1/01/24 – NPFG Insured
|
|
|
|
13,460
|
|
Total Massachusetts
|
|
|
12,605,734
|
|
|
Michigan – 4.5% (3.0% of Total Investments)
|
|
|
|
6,000
|
|
Detroit, Michigan, Second Lien Sewerage Disposal System Revenue Bonds, Series 2005A, 5.000%,
|
7/15 at 100.00
|
A1
|
5,907,300
|
|
|
7/01/35 – NPFG Insured
|
|
|
|
15,255
|
|
Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Detroit Medical Center
|
8/10 at 100.00
|
BB–
|
14,052,906
|
|
|
Obligated Group, Series 1998A, 5.250%, 8/15/28
|
|
|
|
1,150
|
|
Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont
|
9/18 at 100.00
|
A1
|
1,377,390
|
|
|
Hospital, Refunding Series 2009V, 8.250%, 9/01/39
|
|
|
|
4,000
|
|
Wayne County, Michigan, Airport Revenue Bonds, Detroit Metropolitan Wayne County Airport,
|
12/10 at 100.00
|
A
|
4,027,920
|
|
|
Series 1998A, 5.375%, 12/01/16 – NPFG Insured (Alternative Minimum Tax)
|
|
|
|
26,405
|
|
Total Michigan
|
|
|
25,365,516
|
|
|
Minnesota – 1.4% (0.9% of Total Investments)
|
|
|
|
6,375
|
|
Minneapolis Health Care System, Minnesota, Revenue Bonds, Fairview Hospital and Healthcare
|
11/18 at 100.00
|
A
|
7,195,080
|
|
|
Services, Series 2008A, 6.625%, 11/15/28
|
|
|
|
530
|
|
Minnesota Housing Finance Agency, Single Family Mortgage Bonds, Series 1998H-1, 5.650%,
|
1/11 at 100.00
|
AA+
|
552,361
|
|
|
7/01/31 (Alternative Minimum Tax)
|
|
|
|
6,905
|
|
Total Minnesota
|
|
|
7,747,441
|
|
|
Missouri – 2.3% (1.5% of Total Investments)
|
|
|
|
|
|
Kansas City Municipal Assistance Corporation, Missouri, Leasehold Revenue Bonds,
|
|
|
|
|
|
Series 2004B-1:
|
|
|
|
7,000
|
|
0.000%, 4/15/27 – AMBAC Insured
|
No Opt. Call
|
AA–
|
2,892,540
|
5,000
|
|
0.000%, 4/15/29 – AMBAC Insured
|
No Opt. Call
|
AA–
|
1,817,500
|
1,885
|
|
Missouri Health and Educational Facilities Authority, Revenue Bonds, SSM Healthcare System,
|
6/11 at 101.00
|
AA–
|
1,981,908
|
|
|
Series 2001A, 5.250%, 6/01/21 – AMBAC Insured
|
|
|
|
|
|
Missouri Health and Educational Facilities Authority, Revenue Bonds, SSM Healthcare System,
|
|
|
|
|
|
Series 2001A:
|
|
|
|
300
|
|
5.250%, 6/01/21 (Pre-refunded 6/01/11) – AMBAC Insured
|
6/11 at 101.00
|
AA– (4)
|
315,213
|
2,185
|
|
5.250%, 6/01/21 (Pre-refunded 6/01/11) – AMBAC Insured
|
6/11 at 101.00
|
AA– (4)
|
2,295,801
|
3,670
|
|
5.250%, 6/01/28 (Pre-refunded 6/01/11) – AMBAC Insured
|
6/11 at 101.00
|
AA– (4)
|
3,856,106
|
20,040
|
|
Total Missouri
|
|
|
13,159,068
|
|
|
Montana – 0.3% (0.2% of Total Investments)
|
|
|
|
460
|
|
Montana Board of Housing, Single Family Mortgage Bonds, Series 2000A-2, 6.450%, 6/01/29
|
12/10 at 100.00
|
AA+
|
468,160
|
|
|
(Alternative Minimum Tax)
|
|
|
|
1,000
|
|
Montana Higher Education Student Assistance Corporation, Student Loan Revenue Bonds,
|
12/10 at 100.00
|
A2
|
989,580
|
|
|
Subordinate Series 1999B, 6.400%, 12/01/32 (Alternative Minimum Tax)
|
|
|
|
1,460
|
|
Total Montana
|
|
|
1,457,740
|
|
|
Nevada – 5.2% (3.4% of Total Investments)
|
|
|
|
10,000
|
|
Clark County, Nevada, Airport Revenue Bonds, Subordinte Lien Series 2010B, 5.750%, 7/01/42
|
1/20 at 100.00
|
Aa3
|
10,693,100
|
9,675
|
|
Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran
|
1/20 at 100.00
|
Aa3
|
9,699,478
|
|
|
International Airport, Series 2010A, 5.250%, 7/01/42
|
|
|
|
|
|
Director of Nevada State Department of Business and Industry, Revenue Bonds, Las Vegas
|
|
|
|
|
|
Monorail Project, First Tier, Series 2000:
|
|
|
|
8,000
|
|
0.000%, 1/01/19 – AMBAC Insured
|
No Opt. Call
|
N/R
|
1,188,960
|
4,000
|
|
5.625%, 1/01/32 – AMBAC Insured (5)
|
1/12 at 100.00
|
N/R
|
958,760
|
3,000
|
|
5.375%, 1/01/40 – AMBAC Insured (5)
|
1/11 at 100.00
|
N/R
|
719,130
|
3,750
|
|
Henderson, Nevada, Healthcare Facility Revenue Refunding Bonds, Catholic Healthcare West,
|
7/17 at 100.00
|
AA+
|
4,411,950
|
|
|
Trust 2633, 18.437%, 7/01/31 – BHAC Insured (IF)
|
|
|
|
1,500
|
|
Las Vegas Redevelopment Agency, Nevada, Tax Increment Revenue Bonds, Series 2009A,
|
6/19 at 100.00
|
A
|
1,746,660
|
|
|
8.000%, 6/15/30
|
|
|
|
39,925
|
|
Total Nevada
|
|
|
29,418,038
|
|
|
New Jersey – 6.8% (4.5% of Total Investments)
|
|
|
|
6,850
|
|
New Jersey Educational Facilities Authority, Revenue Refunding Bonds, University of Medicine
|
No Opt. Call
|
Baa1
|
7,673,850
|
|
|
and Dentistry of New Jersey, Series 2009B, 5.750%, 12/01/15
|
|
|
|
1,830
|
|
New Jersey Higher Education Assistance Authority, Student Loan Revenue Bonds, Series 2000A,
|
12/10 at 101.00
|
Aaa
|
1,854,083
|
|
|
6.000%, 6/01/13 – NPFG Insured (Alternative Minimum Tax)
|
|
|
|
4,130
|
|
New Jersey Transit Corporation, Certificates of Participation, Federal Transit Administration
|
No Opt. Call
|
Aa3
|
4,564,352
|
|
|
Grants, Series 2002A, 5.500%, 9/15/13 – AMBAC Insured
|
|
|
|
4,000
|
|
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 1999A,
|
No Opt. Call
|
AA–
|
4,771,240
|
|
|
5.750%, 6/15/18
|
|
|
|
20,000
|
|
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2006C,
|
No Opt. Call
|
AA–
|
7,197,400
|
|
|
0.000%, 12/15/28 – AMBAC Insured
|
|
|
|
|
|
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,
|
|
|
|
|
|
Series 2002:
|
|
|
|
6,940
|
|
5.750%, 6/01/32 (Pre-refunded 6/01/12)
|
6/12 at 100.00
|
AAA
|
7,438,223
|
3,165
|
|
6.125%, 6/01/42 (Pre-refunded 6/01/12)
|
6/12 at 100.00
|
AAA
|
3,497,863
|
1,365
|
|
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,
|
6/13 at 100.00
|
AAA
|
1,601,636
|
|
|
Series 2003, 6.750%, 6/01/39 (Pre-refunded 6/01/13)
|
|
|
|
48,280
|
|
Total New Jersey
|
|
|
38,598,647
|
|
|
New Mexico – 0.7% (0.4% of Total Investments)
|
|
|
|
3,730
|
|
University of New Mexico, FHA-Insured Mortgage Hospital Revenue Bonds, Series 2004, 5.000%,
|
7/14 at 100.00
|
AAA
|
3,810,978
|
|
|
7/01/32 – AGM Insured
|
|
|
|
|
|
New York – 8.1% (5.4% of Total Investments)
|
|
|
|
2,170
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Franciscan Health
|
1/11 at 100.00
|
A3
|
2,171,845
|
|
|
Partnership Obligated Group – Frances Shervier Home and Hospital, Series 1997, 5.500%,
|
|
|
|
|
|
7/01/17 – RAAI Insured
|
|
|
|
7,500
|
|
Dormitory Authority of the State of New York, Secured Hospital Revenue Refunding Bonds,
|
8/10 at 100.00
|
AA–
|
7,509,450
|
|
|
Wyckoff Heights Medical Center, Series 1998H, 5.300%, 8/15/21 – NPFG Insured
|
|
|
|
6,000
|
|
New York City Industrial Development Agency, New York, American Airlines-JFK International
|
8/16 at 101.00
|
B–
|
6,240,780
|
|
|
Airport Special Facility Revenue Bonds, Series 2005, 7.750%, 8/01/31 (Alternative Minimum Tax)
|
|
|
|
4,755
|
|
New York City Industrial Development Agency, New York, Revenue Bonds, Yankee Stadium Project
|
3/19 at 100.00
|
AAA
|
5,531,444
|
|
|
Pilot, Series 2009A, 7.000%, 3/01/49 – AGC Insured
|
|
|
|
5,000
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue
|
12/14 at 100.00
|
AAA
|
5,188,450
|
|
|
Bonds, Series 2004B, 5.000%, 6/15/36 – AGM Insured (UB)
|
|
|
|
8,800
|
|
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local
|
10/14 at 100.00
|
AAA
|
9,258,744
|
|
|
Government Assistance Corporation, Series 2004A, 5.000%, 10/15/32 – AMBAC Insured (UB)
|
|
|
|
10,000
|
|
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air
|
12/10 at 100.00
|
A
|
10,057,000
|
|
|
Terminal LLC, Sixth Series 1997, 5.900%, 12/01/17 – NPFG Insured (Alternative Minimum Tax)
|
|
|
|
44,225
|
|
Total New York
|
|
|
45,957,713
|
|
|
North Carolina – 1.1% (0.7% of Total Investments)
|
|
|
|
1,500
|
|
Charlotte-Mecklenberg Hospital Authority, North Carolina, Carolinas HealthCare System Revenue
|
1/18 at 100.00
|
AA–
|
1,607,865
|
|
|
Bonds, Series 2008A, 5.250%, 1/15/24 – AGC Insured
|
|
|
|
3,830
|
|
Charlotte-Mecklenburg Hospital Authority, North Carolina, Healthcare System Revenue Bonds, DBA
|
1/15 at 100.00
|
AAA
|
4,467,580
|
|
|
Carolinas Healthcare System, Series 2005A, 5.000%, 1/15/45 (Pre-refunded 1/15/15)
|
|
|
|
5,330
|
|
Total North Carolina
|
|
|
6,075,445
|
|
|
Ohio – 3.1% (2.0% of Total Investments)
|
|
|
|
2,300
|
|
Amherst Exempted Village School District, Ohio, Unlimited Tax General Obligation School
|
12/11 at 100.00
|
Aa2 (4)
|
2,448,764
|
|
|
Improvement Bonds, Series 2001, 5.125%, 12/01/21 (Pre-refunded 12/01/11) – FGIC Insured
|
|
|
|
|
|
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
|
|
|
|
|
Bonds, Senior Lien, Series 2007A-2:
|
|
|
|
160
|
|
5.125%, 6/01/24
|
6/17 at 100.00
|
BBB
|
134,170
|
1,275
|
|
5.375%, 6/01/24
|
6/17 at 100.00
|
BBB
|
1,097,189
|
1,800
|
|
5.875%, 6/01/30
|
6/17 at 100.00
|
BBB
|
1,421,028
|
1,740
|
|
5.750%, 6/01/34
|
6/17 at 100.00
|
BBB
|
1,302,251
|
3,930
|
|
5.875%, 6/01/47
|
6/17 at 100.00
|
BBB
|
2,785,388
|
3,635
|
|
Franklin County, Ohio, FHA-Insured Multifamily Housing Mortgage Revenue Bonds, Hamilton Creek
|
1/11 at 100.00
|
Aa2
|
3,637,108
|
|
|
Apartments Project, Series 1994A, 5.550%, 7/01/24 (Alternative Minimum Tax)
|
|
|
|
3,650
|
|
Montgomery County, Ohio, Revenue Bonds, Catholic Health Initiatives, Series 2004A,
|
5/14 at 100.00
|
AA
|
3,752,711
|
|
|
5.000%, 5/01/30
|
|
|
|
935
|
|
Warren County, Ohio, Limited Tax General Obligations, Series 1997, 5.500%, 12/01/17
|
12/10 at 100.00
|
Aa1
|
938,693
|
19,425
|
|
Total Ohio
|
|
|
17,517,302
|
|
|
Oregon – 0.4% (0.3% of Total Investments)
|
|
|
|
2,355
|
|
Portland, Oregon, Downtown Waterfront Urban Renewal and Redevelopment Revenue Bonds, Series
|
12/10 at 101.00
|
Aa3
|
2,386,180
|
|
|
2000A, 5.500%, 6/15/20 – AMBAC Insured
|
|
|
|
|
|
Pennsylvania – 6.8% (4.5% of Total Investments)
|
|
|
|
3,480
|
|
Allegheny County Hospital Development Authority, Pennsylvania, Revenue Bonds, West Penn
|
11/10 at 102.00
|
AAA
|
3,640,150
|
|
|
Allegheny Health System, Series 2000B, 9.250%, 11/15/22 (Pre-refunded 11/15/10)
|
|
|
|
1,250
|
|
Erie Water Authority, Pennsylvania, Water Revenue Bonds, Series 2008, 5.000%, 12/01/43 –
|
12/18 at 100.00
|
AAA
|
1,285,088
|
|
|
AGM Insured
|
|
|
|
1,500
|
|
Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2006-96A,
|
10/16 at 100.00
|
AA+
|
1,438,620
|
|
|
4.650%, 10/01/31 (Alternative Minimum Tax) (UB)
|
|
|
|
8,200
|
|
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Capital Appreciation Series 2009E,
|
12/27 at 100.00
|
A–
|
5,916,874
|
|
|
0.000%, 12/01/38
|
|
|
|
5,000
|
|
Pennsylvania Turnpike Commission, Turnpike Subordinate Revenue Bonds, Series 2009C, 0.000%,
|
6/26 at 100.00
|
AAA
|
3,891,550
|
|
|
6/01/33 – AGM Insured
|
|
|
|
18,900
|
|
Philadelphia Airport System, Pennsylvania, Revenue Bonds, Series 1998A, 5.500%, 6/15/18 – FGIC
|
12/10 at 100.00
|
A+
|
18,924,948
|
|
|
Insured (Alternative Minimum Tax)
|
|
|
|
3,205
|
|
Philadelphia School District, Pennsylvania, General Obligation Bonds, Series 2002B, 5.625%,
|
8/12 at 100.00
|
Aa2 (4)
|
3,542,198
|
|
|
8/01/16 (Pre-refunded 8/01/12) – FGIC Insured
|
|
|
|
41,535
|
|
Total Pennsylvania
|
|
|
38,639,428
|
|
|
Puerto Rico – 5.8% (3.8% of Total Investments)
|
|
|
|
2,500
|
|
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A,
|
7/18 at 100.00
|
Baa1
|
2,609,400
|
|
|
6.000%, 7/01/44
|
|
|
|
4,300
|
|
Puerto Rico Housing Finance Authority, Capital Fund Program Revenue Bonds, Series 2003,
|
12/13 at 100.00
|
AA+
|
4,361,232
|
|
|
4.500%, 12/01/23 (UB)
|
|
|
|
8,200
|
|
Puerto Rico Housing Finance Authority, Capital Fund Program Revenue Bonds, Series 2003,
|
12/13 at 100.00
|
AAA
|
9,153,906
|
|
|
4.500%, 12/01/23 (Pre-refunded 12/01/13)
|
|
|
|
12,845
|
|
Puerto Rico Infrastructure Financing Authority, Special Tax Revenue Bonds, Series 2005A,
|
No Opt. Call
|
A3
|
1,486,295
|
|
|
0.000%, 7/01/42 – FGIC Insured
|
|
|
|
10,000
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/19 at 100.00
|
A+
|
10,747,800
|
|
|
2009A, 6.000%, 8/01/42
|
|
|
|
4,310
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/20 at 100.00
|
A+
|
4,331,636
|
|
|
2010C, 5.250%, 8/01/41
|
|
|
|
42,155
|
|
Total Puerto Rico
|
|
|
32,690,269
|
|
|
Rhode Island – 2.9% (1.9% of Total Investments)
|
|
|
|
2,015
|
|
Central Falls, Rhode Island, General Obligation School Bonds, Series 1999, 6.250%, 5/15/20 –
|
11/10 at 101.00
|
B3
|
1,522,836
|
|
|
RAAI Insured
|
|
|
|
|
|
Rhode Island Housing & Mortgage Finance Corporation, Homeownership Opportunity 57-B Bond
|
|
|
|
|
|
Program, Series 2008, Trust 1177:
|
|
|
|
1,500
|
|
9.529%, 4/01/23 (Alternative Minimum Tax) (IF)
|
4/17 at 100.00
|
AA+
|
1,582,950
|
1,000
|
|
9.629%, 4/01/23 (Alternative Minimum Tax) (IF)
|
4/17 at 100.00
|
AA+
|
1,038,080
|
12,500
|
|
Rhode Island Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed Bonds,
|
6/12 at 100.00
|
BBB
|
12,372,625
|
|
|
Series 2002A, 6.125%, 6/01/32
|
|
|
|
17,015
|
|
Total Rhode Island
|
|
|
16,516,491
|
|
|
South Carolina – 0.3% (0.2% of Total Investments)
|
|
|
|
1,500
|
|
Greenville, South Carolina, Hospital Facilities Revenue Bonds, Series 2001, 5.000%, 5/01/31 –
|
5/11 at 101.00
|
AA–
|
1,506,870
|
|
|
AMBAC Insured
|
|
|
|
|
|
Tennessee – 1.4% (1.0% of Total Investments)
|
|
|
|
2,250
|
|
Memphis-Shelby County Airport Authority, Tennessee, Airport Revenue Bonds, Series 1999D,
|
9/10 at 101.00
|
A2
|
2,276,033
|
|
|
6.000%, 3/01/24 – AMBAC Insured (Alternative Minimum Tax)
|
|
|
|
2,425
|
|
Memphis-Shelby County Airport Authority, Tennessee, Airport Revenue Bonds, Series 2001B,
|
3/11 at 100.00
|
AAA
|
2,443,091
|
|
|
5.125%, 3/01/26 – AGM Insured
|
|
|
|
2,310
|
|
Sullivan County Health Educational and Housing Facilities Board, Tennessee, Revenue Bonds,
|
9/16 at 100.00
|
BBB+
|
2,160,705
|
|
|
Wellmont Health System, Series 2006C, 5.250%, 9/01/36
|
|
|
|
1,500
|
|
Sumner County Health, Educational, and Housing Facilities Board, Tennessee, Revenue Refunding
|
11/17 at 100.00
|
N/R
|
1,291,050
|
|
|
Bonds, Sumner Regional Health System Inc., Series 2007, 5.500%, 11/01/46 (6)
|
|
|
|
8,485
|
|
Total Tennessee
|
|
|
8,170,879
|
|
|
Texas – 6.4% (4.3% of Total Investments)
|
|
|
|
2,560
|
|
Brazos River Authority, Texas, Pollution Control Revenue Refunding Bonds, TXU Electric
|
4/13 at 101.00
|
Caa3
|
1,368,986
|
|
|
Company, Series 1999C, 7.700%, 3/01/32 (Alternative Minimum Tax)
|
|
|
|
2,000
|
|
Capital Area Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, The Roman
|
4/20 at 100.00
|
Baa2
|
2,020,860
|
|
|
Catholic Diocese of Austin, Series 2005B. Remarketed, 6.125%, 4/01/45
|
|
|
|
2,820
|
|
Central Texas Regional Mobility Authority, Travis and Williamson Counties, Toll Road Revenue
|
1/15 at 100.00
|
A
|
2,527,481
|
|
|
Bonds, Series 2005, 5.000%, 1/01/45 – FGIC Insured
|
|
|
|
820
|
|
Dallas Area Rapid Transit, Texas, Senior Lien Sales Tax Revenue Bonds, Series 2001, 5.000%,
|
12/11 at 100.00
|
AAA
|
871,668
|
|
|
12/01/31 (Pre-refunded 12/01/11) – AMBAC Insured
|
|
|
|
2,205
|
|
Harris County-Houston Sports Authority, Texas, Senior Lien Revenue Refunding Bonds, Series
|
No Opt. Call
|
A
|
1,229,861
|
|
|
2001A, 0.000%, 11/15/20 – NPFG Insured
|
|
|
|
3,130
|
|
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment
|
No Opt. Call
|
A2
|
947,232
|
|
|
Project, Series 2001B, 0.000%, 9/01/30 – AMBAC Insured
|
|
|
|
30,095
|
|
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation
|
8/12 at 27.94
|
AAA
|
7,615,239
|
|
|
Bonds, Series 2004, 0.000%, 8/15/34
|
|
|
|
9,345
|
|
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation
|
8/15 at 37.33
|
AA–
|
2,719,769
|
|
|
Bonds, Series 2005, 0.000%, 8/15/33 – FGIC Insured
|
|
|
|
33,160
|
|
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation
|
8/14 at 26.50
|
AAA
|
7,158,249
|
|
|
Bonds, Series 2006, 0.000%, 8/15/38
|
|
|
|
1,000
|
|
San Antonio, Texas, Water System Revenue Bonds, Series 2005, 4.750%, 5/15/37 – NPFG Insured
|
5/15 at 100.00
|
Aa1
|
1,009,320
|
3,295
|
|
Tarrant County, Texas, Cultural & Educational Facilities Financing Corporation, Revenue Bonds,
|
2/17 at 100.00
|
AA–
|
3,367,754
|
|
|
Series 2007, Residuals 1760-3, 16.975%, 2/15/36 (IF)
|
|
|
|
7,000
|
|
White Settlement Independent School District, Tarrant County, Texas, General Obligation Bonds,
|
8/15 at 34.92
|
AAA
|
1,910,370
|
|
|
Series 2005, 0.000%, 8/15/35
|
|
|
|
|
|
Wylie Independent School District, Taylor County, Texas, General Obligation Bonds, Series 2005:
|
|
|
|
3,000
|
|
0.000%, 8/15/20
|
8/15 at 78.46
|
AAA
|
1,987,800
|
3,000
|
|
0.000%, 8/15/22
|
8/15 at 70.77
|
AAA
|
1,766,430
|
103,430
|
|
Total Texas
|
|
|
36,501,019
|
|
|
Utah – 0.1% (0.1% of Total Investments)
|
|
|
|
|
|
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 1999C-2, Class II:
|
|
|
|
135
|
|
5.700%, 7/01/19 (Alternative Minimum Tax)
|
1/11 at 100.75
|
Aaa
|
140,831
|
40
|
|
5.750%, 7/01/21 (Alternative Minimum Tax)
|
1/11 at 100.75
|
Aa2
|
40,538
|
310
|
|
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 2000F-2, Class III, 6.000%,
|
1/11 at 100.00
|
AA–
|
310,366
|
|
|
1/01/15 (Alternative Minimum Tax)
|
|
|
|
485
|
|
Total Utah
|
|
|
491,735
|
|
|
Virginia – 0.5% (0.3% of Total Investments)
|
|
|
|
3,000
|
|
Fairfax County Economic Development Authority, Virginia, Residential Care Facilities Mortgage
|
10/17 at 100.00
|
N/R
|
2,937,270
|
|
|
Revenue Bonds, Goodwin House, Inc., Series 2007A, 5.125%, 10/01/42
|
|
|
|
|
|
Washington – 11.3% (7.5% of Total Investments)
|
|
|
|
4,000
|
|
Energy Northwest, Washington, Electric Revenue Refunding Bonds, Nuclear Project 3, Series
|
7/13 at 100.00
|
Aaa
|
4,472,360
|
|
|
2003A, 5.500%, 7/01/17 – SYNCORA GTY Insured
|
|
|
|
|
|
Port of Seattle, Washington, Special Facility Revenue Bonds, Terminal 18, Series 1999B:
|
|
|
|
1,755
|
|
6.000%, 9/01/15 – NPFG Insured (Alternative Minimum Tax)
|
9/10 at 101.00
|
A
|
1,776,165
|
2,590
|
|
6.000%, 9/01/16 – NPFG Insured (Alternative Minimum Tax)
|
9/10 at 101.00
|
A
|
2,620,484
|
|
|
Port of Seattle, Washington, Special Facility Revenue Bonds, Terminal 18, Series 1999C:
|
|
|
|
875
|
|
6.000%, 9/01/15 – NPFG Insured (Alternative Minimum Tax)
|
9/10 at 101.00
|
A
|
885,553
|
1,260
|
|
6.000%, 9/01/16 – NPFG Insured (Alternative Minimum Tax)
|
9/10 at 101.00
|
A
|
1,274,830
|
3,595
|
|
Seattle, Washington, Municipal Light and Power Revenue Refunding and Improvement Bonds, Series
|
3/11 at 100.00
|
AAA
|
3,706,014
|
|
|
2001, 5.500%, 3/01/19 (Pre-refunded 3/01/11) – AGM Insured
|
|
|
|
1,225
|
|
Seattle, Washington, Municipal Light and Power Revenue Refunding and Improvement Bonds, Series
|
3/11 at 100.00
|
AAA
|
1,255,735
|
|
|
2001, 5.500%, 3/01/19 – AGM Insured
|
|
|
|
2,000
|
|
Washington State Health Care Facilities Authority, Revenue Bonds, Fred Hutchinson Cancer
|
7/19 at 100.00
|
A
|
2,079,640
|
|
|
Research Center, Series 2009A, 6.000%, 1/01/33
|
|
|
|
5,960
|
|
Washington State Tobacco Settlement Authority, Tobacco Settlement Asset-Backed Revenue Bonds,
|
6/13 at 100.00
|
BBB
|
6,131,290
|
|
|
Series 2002, 6.500%, 6/01/26
|
|
|
|
11,605
|
|
Washington, Certificates of Participation, Washington Convention and Trade Center, Series
|
1/11 at 100.00
|
AA
|
11,643,180
|
|
|
1999, 5.250%, 7/01/16 – NPFG Insured
|
|
|
|
3,350
|
|
Washington, General Obligation Compound Interest Bonds, Series 1999S-2, 0.000%, 1/01/18 –
|
No Opt. Call
|
AAA
|
2,682,010
|
|
|
AGM Insured
|
|
|
|
|
|
Washington, General Obligation Compound Interest Bonds, Series 1999S-3:
|
|
|
|
17,650
|
|
0.000%, 1/01/20
|
No Opt. Call
|
AA+
|
12,823,961
|
18,470
|
|
0.000%, 1/01/21
|
No Opt. Call
|
AA+
|
12,761,476
|
74,335
|
|
Total Washington
|
|
|
64,112,698
|
|
|
Wisconsin – 7.6% (5.1% of Total Investments)
|
|
|
|
1,690
|
|
Green Bay, Wisconsin, Water System Revenue Bonds, Series 2004, 5.000%, 11/01/29 (Pre-refunded
|
11/14 at 100.00
|
Aa2 (4)
|
1,969,288
|
|
|
11/01/14) – AGM Insured
|
|
|
|
560
|
|
Green Bay, Wisconsin, Water System Revenue Bonds, Series 2004, 5.000%, 11/01/29 – AGM Insured
|
11/14 at 100.00
|
Aa2
|
580,338
|
3,810
|
|
La Crosse, Wisconsin, Industrial Development Revenue Refunding Bonds, Dairyland Power
|
12/10 at 100.00
|
A3
|
3,860,329
|
|
|
Cooperative, Series 1997C, 5.550%, 2/01/15 – AMBAC Insured
|
|
|
|
7,410
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Ascension Health, Series
|
11/16 at 100.00
|
Aa1
|
7,545,528
|
|
|
2006A, 5.000%, 11/15/36
|
|
|
|
4,330
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Childrens Hospital of
|
2/20 at 100.00
|
AA–
|
4,662,803
|
|
|
Wisconsin Inc., Series 2008B, 5.500%, 8/15/29
|
|
|
|
4,380
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Kenosha Hospital and
|
11/10 at 100.00
|
A
|
4,381,532
|
|
|
Medical Center Inc., Series 1999, 5.625%, 5/15/29
|
|
|
|
12,700
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Mercy Health System
|
8/10 at 100.50
|
A2
|
12,764,388
|
|
|
Corporation, Series 1999, 5.500%, 8/15/25 – AMBAC Insured
|
|
|
|
2,200
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Wheaton Franciscan
|
8/13 at 100.00
|
BBB+
|
1,984,069
|
|
|
Services Inc., Series 2003A, 5.125%, 8/15/33
|
|
|
|
5,000
|
|
Wisconsin State, General Fund Annual Appropriation Revenue Bonds, Refunding Series 2009A,
|
5/19 at 100.00
|
AA–
|
5,567,899
|
|
|
6.000%, 5/01/36
|
|
|
|
42,080
|
|
Total Wisconsin
|
|
|
43,316,174
|
$ 1,113,735
|
|
Total Municipal Bonds (cost $846,103,913)
|
|
|
857,008,324
|
|
|
|
|
|
|
Shares
|
|
Description (1)
|
|
|
Value
|
|
|
Investment Companies – 0.1% (0.1% of Total Investments)
|
|
|
|
8,812
|
|
BlackRock MuniHoldings Fund Inc.
|
|
|
$ 141,521
|
32,332
|
|
Invesco Quality Municipal Income Trust
|
|
|
423,873
|
|
|
Total Investment Companies (cost $528,388)
|
|
|
565,394
|
|
|
Total Investments (cost $846,632,301) – 151.2%
|
|
|
857,573,718
|
|
|
Floating Rate Obligations – (9.1)%
|
|
|
(51,605,000)
|
|
|
MuniFund Term Preferred Shares, at Liquidation Value – (25.4)% (7)
|
|
|
(144,300,000)
|
|
|
Other Assets Less Liabilities – 4.5%
|
|
|
25,426,032
|
|
|
Auction Rate Preferred Shares, at Liquidation Value – (21.2)% (7)
|
|
|
(120,075,000)
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 567,019,750
|