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Portfolio of Investments (Unaudited)
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Nuveen Insured California Dividend Advantage Municipal Fund (NKL)
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November 30, 2011
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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 – 3.9% (2.6% of Total Investments)
|
|
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$ 14,155
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Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed
|
6/22 at 100.00
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BB+
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$ 8,835,409
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Bonds, Series 2007A-2, 0.000%, 6/01/37
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Education and Civic Organizations – 0.8% (0.5% of Total Investments)
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1,675
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California Educational Facilities Authority, Revenue Bonds, University of San Diego, Series
|
10/12 at 100.00
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A2
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1,689,958
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2002A, 5.250%, 10/01/30
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Health Care – 7.8% (5.3% of Total Investments)
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5,000
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ABAG Finance Authority for Non-Profit Corporations, California, Cal-Mortgage Insured Revenue
|
4/12 at 100.00
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A–
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5,015,550
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Bonds, Sansum-Santa Barbara Medical Foundation Clinic, Series 2002A, 5.600%, 4/01/26
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2,815
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California Health Facilities Financing Authority, Revenue Bonds, Lucile Salter Packard
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8/13 at 100.00
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AA
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2,913,469
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Children’s Hospital, Series 2003C, 5.000%, 8/15/20 – AMBAC Insured
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5,000
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California Statewide Community Development Authority, Revenue Bonds, Kaiser Permanante System,
|
3/16 at 100.00
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A+
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4,883,200
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Series 2006, 5.000%, 3/01/41
|
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|
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3,200
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California Statewide Community Development Authority, Revenue Bonds, St. Joseph Health System,
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7/18 at 100.00
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AA–
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3,250,752
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Series 2007A, 5.750%, 7/01/47 – FGIC Insured
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1,748
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California Statewide Communities Development Authority, Revenue Bonds, Saint Joseph Health
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7/18 at 100.00
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AA–
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1,777,277
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System, Trust 2554, 18.384%, 7/01/47 – AGM Insured (IF)
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17,763
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Total Health Care
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17,840,248
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Housing/Multifamily – 1.3% (0.9% of Total Investments)
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1,000
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California Statewide Community Development Authority, Student Housing Revenue Bonds, EAH -
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8/12 at 100.00
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Baa1
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1,003,440
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Irvine East Campus Apartments, LLC Project, Series 2002A, 5.500%, 8/01/22 – ACA Insured
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1,905
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Los Angeles, California, GNMA Mortgage-Backed Securities Program Multifamily Housing Revenue
|
1/12 at 102.00
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AA+
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1,939,119
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Bonds, Park Plaza West Senior Apartments, Series 2001B, 5.300%, 1/20/21 (Alternative
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Minimum Tax)
|
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2,905
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Total Housing/Multifamily
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2,942,559
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Housing/Single Family – 0.1% (0.1% of Total Investments)
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270
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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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BBB
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270,124
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8/01/30 – FGIC Insured (Alternative Minimum Tax)
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Long–Term Care – 1.3% (0.9% of Total Investments)
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3,000
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ABAG Finance Authority for Non-Profit Corporations, California, Insured Senior Living Revenue
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11/12 at 100.00
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A–
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3,028,110
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Bonds, Odd Fellows Home of California, Series 2003A, 5.200%, 11/15/22
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Tax Obligation/General – 42.5% (28.7% of Total Investments)
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900
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California State, General Obligation Bonds, Series 2003, 5.000%, 2/01/21
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8/13 at 100.00
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A1
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950,769
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8,250
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California, General Obligation Refunding Bonds, Series 2002, 5.000%, 2/01/22 – NPFG Insured
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2/12 at 100.00
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A1
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8,294,550
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20,750
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Coachella Valley Unified School District, Riverside County, California, General Obligation
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No Opt. Call
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AA–
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2,507,845
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Bonds, Capital Appreciation, Election 2005 Series 2010C, 0.000%, 8/01/43 – AGM Insured
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3,375
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Coast Community College District, Orange County, California, General Obligation Bonds, Series
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8/18 at 100.00
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Aa1
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3,133,755
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2006C, 0.000%, 8/01/31 – AGM Insured
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10,000
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East Side Union High School District, Santa Clara County, California, General Obligation
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8/13 at 47.75
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A
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3,479,200
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Bonds, Series 2005, 0.000%, 8/01/28 – SYNCORA GTY Insured
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230
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El Monte Union High School District, Los Angeles County, California, General Obligation Bonds,
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6/13 at 100.00
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AA–
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233,105
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Series 2003A, 5.000%, 6/01/28 – AGM Insured
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2,730
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Fontana Unified School District, San Bernardino County, California, General Obligation Bonds,
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No Opt. Call
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AA–
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3,101,062
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Trust 2668, 9.429%, 2/01/16 – AGM Insured (IF)
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10,000
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Fremont Unified School District, Alameda County, California, General Obligation Bonds, Series
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8/12 at 101.00
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Aa2
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10,333,300
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2002A, 5.000%, 8/01/25 – FGIC Insured
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1,000
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Los Rios Community College District, Sacramento, El Dorado and Yolo Counties, California,
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8/14 at 102.00
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Aa2
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1,109,610
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General Obligation Bonds, Series 2006C, 5.000%, 8/01/25 – AGM Insured (UB)
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1,500
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Madera Unified School District, Madera County, California, General Obligation Bonds, Series
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8/12 at 100.00
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AA–
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1,527,840
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2002, 5.000%, 8/01/28 – AGM Insured
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3,325
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Mount Diablo Unified School District, Contra Costa County, California, General Obligation
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8/25 at 100.00
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AA–
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1,845,275
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Bonds, Series 2010A, 0.000%, 8/01/30 – AGM Insured
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2,000
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Murrieta Valley Unified School District, Riverside County, California, General Obligation
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9/17 at 100.00
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AA–
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2,001,380
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Bonds, Series 2007, 4.500%, 9/01/30 – AGM Insured
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2,500
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Oakland Unified School District, Alameda County, California, General Obligation Bonds, Series
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8/12 at 100.00
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A2
|
2,538,025
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2002, 5.250%, 8/01/21 – FGIC Insured
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16,000
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Poway Unified School District, San Diego County, California, School Facilities Improvement
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No Opt. Call
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Aa2
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1,884,960
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District 2007-1 General Obligation Bonds, Series 2011B, 0.000%, 8/01/46
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375
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Roseville Joint Union High School District, Placer County, California, General Obligation
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8/15 at 100.00
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AA–
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393,338
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Bonds, Series 2006B, 5.000%, 8/01/27 – FGIC Insured
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1,500
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San Juan Capistano, California, General Obligation Bonds, Open Space Program, Tender Option
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No Opt. Call
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AAA
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1,841,820
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Bond Trust 3646, 17.950%, 8/01/17 (IF)
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3,500
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San Mateo County Community College District, California, General Obligation Bonds, Series
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9/12 at 100.00
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Aaa
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3,586,940
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2002A, 5.000%, 9/01/26 – FGIC Insured
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San Ysidro School District, San Diego County, California, General Obligation Bonds, 1997
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|
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|
Election Series 2011F:
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7,230
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0.000%, 8/01/42 – AGM Insured
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8/21 at 21.00
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AA–
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794,143
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10,450
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0.000%, 8/01/43 – AGM Insured
|
8/21 at 19.43
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AA–
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1,062,556
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21,225
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0.000%, 8/01/44 – AGM Insured
|
8/21 at 17.98
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AA–
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1,995,150
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12,550
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0.000%, 8/01/45 – AGM Insured
|
8/21 at 16.64
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AA–
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1,090,470
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23,425
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0.000%, 8/01/46 – AGM Insured
|
8/21 at 15.39
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AA–
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1,883,136
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14,915
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Southwestern Community College District, San Diego County, California, General Obligation
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No Opt. Call
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Aa2
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2,304,069
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Bonds, Election of 2008, Series 2011C, 0.000%, 8/01/41
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Stockton Unified School District, San Joaquin County, California, General Obligation Bonds,
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|
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|
Election 2008 Series 2011D:
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24,280
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0.000%, 8/01/47 – AGM Insured
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8/37 at 100.00
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AA–
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9,776,342
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26,280
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|
0.000%, 8/01/50 – AGM Insured
|
8/37 at 100.00
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AA–
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10,535,652
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15,780
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Sylvan Union School District, Stanislaus County, California, General Obligation Bonds,
|
No Opt. Call
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AA–
|
4,525,231
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Election of 2006, Series 2010, 0.000%, 8/01/49 – AGM Insured
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|
|
|
10,000
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Vista Unified School District, San Diego County, California, General Obligation Bonds, Series
|
8/12 at 100.00
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Aa2
|
10,220,700
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|
|
2002A, 5.000%, 8/01/23 – AGM Insured
|
|
|
|
3,905
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West Kern Community College District, California, General Obligation Bonds, Election 2004,
|
11/17 at 100.00
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A+
|
3,996,182
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|
|
Series 2007C, 5.000%, 10/01/32 – SYNCORA GTY Insured
|
|
|
|
257,975
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|
Total Tax Obligation/General
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|
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96,946,405
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Tax Obligation/Limited – 47.7% (32.3% of Total Investments)
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|
1,450
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|
Baldwin Park Public Financing Authority, California, Sales Tax and Tax Allocation Bonds,
|
8/13 at 102.00
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BBB
|
1,496,125
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|
|
Puente Merced Redevelopment Project, Series 2003, 5.250%, 8/01/21
|
|
|
|
6,895
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|
Brea and Olinda Unified School District, Orange County, California, Certificates of
|
8/12 at 100.00
|
AA–
|
6,981,877
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|
|
Participation Refunding, Series 2002A, 5.125%, 8/01/26 – AGM Insured
|
|
|
|
2,200
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|
California Infrastructure and Economic Development Bank, Los Angeles County, Revenue Bonds,
|
9/13 at 101.00
|
A+
|
2,218,106
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|
|
Department of Public Social Services, Series 2003, 5.000%, 9/01/28 – AMBAC Insured
|
|
|
|
3,100
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|
California State Public Works Board, Lease Revenue Bonds, Department of Health Services,
|
11/15 at 100.00
|
A2
|
3,068,101
|
|
|
Richmond Lab, Series 2005B, 5.000%, 11/01/30 – SYNCORA GTY Insured
|
|
|
|
465
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|
Capistrano Unified School District, Orange County, California, Special Tax Bonds, Community
|
9/15 at 100.00
|
BBB
|
461,936
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|
|
Facilities District, Series 2005, 5.000%, 9/01/24 – FGIC Insured
|
|
|
|
1,400
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|
Chino Redevelopment Agency, California, Merged Chino Redevelopment Project Area Tax Allocation
|
9/16 at 101.00
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A–
|
1,218,714
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|
|
Bonds, Series 2006, 5.000%, 9/01/38 – AMBAC Insured
|
|
|
|
7,035
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|
Corona-Norco Unified School District, Riverside County, California, Special Tax Bonds,
|
9/13 at 100.00
|
Baa1
|
6,450,462
|
|
|
Community Facilities District 98-1, Series 2003, 5.000%, 9/01/28 – NPFG Insured
|
|
|
|
3,145
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|
Culver City Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment
|
5/12 at 100.00
|
Baa1
|
2,941,141
|
|
|
Project, Series 2002A, 5.125%, 11/01/25 – NPFG Insured
|
|
|
|
750
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|
Dinuba Redevelopment Agency, California, Tax Allocation Bonds, Merged City of Dinuba
|
3/12 at 102.00
|
A–
|
702,953
|
|
|
Redevelopment Project and Dinuba Redevelopment Project 2, As Amended, Refunding Series 2001,
|
|
|
|
|
|
5.000%, 9/01/31 – NPFG Insured
|
|
|
|
7,595
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|
El Monte, California, Senior Lien Certificates of Participation, Department of Public Services
|
1/12 at 100.00
|
A2
|
7,601,911
|
|
|
Facility Phase II, Series 2001, 5.000%, 1/01/21 – AMBAC Insured
|
|
|
|
4,000
|
|
Folsom Public Financing Authority, California, Special Tax Revenue Bonds, Series 2004A,
|
9/12 at 102.00
|
N/R
|
3,861,960
|
|
|
5.000%, 9/01/21 – AMBAC Insured
|
|
|
|
7,780
|
|
Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement
|
6/15 at 100.00
|
A2
|
7,126,636
|
|
|
Asset-Backed Revenue Bonds, Series 2005A, 5.000%, 6/01/45 – AMBAC Insured
|
|
|
|
7,700
|
|
Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement
|
6/15 at 100.00
|
AA–
|
6,990,984
|
|
|
Asset-Backed Revenue Bonds, Tender Option Bonds Trust 4686, 8.823%, 6/01/45 –
|
|
|
|
|
|
AGC Insured (IF) (4)
|
|
|
|
910
|
|
Hesperia Public Financing Authority, California, Redevelopment and Housing Projects Tax
|
9/17 at 100.00
|
Ba1
|
617,562
|
|
|
Allocation Bonds, Series 2007A, 5.000%, 9/01/37 – SYNCORA GTY Insured
|
|
|
|
2,115
|
|
Inglewood Redevelopment Agency, California, Tax Allocation Bonds, Merged Redevelopment
|
No Opt. Call
|
N/R
|
2,147,613
|
|
|
Project, Refunding Series 1998A, 5.250%, 5/01/23 – AMBAC Insured
|
|
|
|
950
|
|
Inglewood Redevelopment Agency, California, Tax Allocation Bonds, Merged Redevelopment
|
5/17 at 100.00
|
BBB+
|
873,069
|
|
|
Project, Subordinate Lien Series 2007A-1, 5.000%, 5/01/24 – AMBAC Insured
|
|
|
|
3,500
|
|
La Quinta Redevelopment Agency, California, Tax Allocation Bonds, Redevelopment Project Area 1,
|
3/12 at 102.00
|
A+
|
3,338,405
|
|
|
Series 2001, 5.100%, 9/01/31 – AMBAC Insured
|
|
|
|
3,400
|
|
La Quinta Redevelopment Agency, California, Tax Allocation Bonds, Redevelopment Project Area 1,
|
9/12 at 102.00
|
A+
|
3,487,754
|
|
|
Series 2002, 5.000%, 9/01/22 – AMBAC Insured
|
|
|
|
845
|
|
Los Angeles Community Redevelopment Agency, California, Lease Revenue Bonds, Manchester Social
|
9/15 at 100.00
|
A1
|
775,685
|
|
|
Services Project, Series 2005, 5.000%, 9/01/37 – AMBAC Insured
|
|
|
|
1,460
|
|
Los Angeles, California, Certificates of Participation, Municipal Improvement Corporation,
|
6/13 at 100.00
|
A+
|
1,469,329
|
|
|
Series 2003AW, 5.000%, 6/01/33 – AMBAC Insured
|
|
|
|
7,000
|
|
Los Angeles, California, Certificates of Participation, Series 2002, 5.200%, 4/01/27 –
|
4/12 at 100.00
|
A+
|
7,022,750
|
|
|
AMBAC Insured
|
|
|
|
8,470
|
|
Ontario Redevelopment Financing Authority, California, Lease Revenue Bonds, Capital Projects,
|
8/12 at 100.50
|
AA–
|
8,531,916
|
|
|
Series 2001, 5.200%, 8/01/29 – AMBAC Insured
|
|
|
|
5,000
|
|
Palm Desert Financing Authority, California, Tax Allocation Revenue Refunding Bonds, Project
|
4/12 at 102.00
|
Baa1
|
4,671,350
|
|
|
Area 1, Series 2002, 5.000%, 4/01/25 – NPFG Insured
|
|
|
|
405
|
|
Rialto Redevelopment Agency, California, Tax Allocation Bonds, Merged Project Area, Series
|
9/15 at 100.00
|
A–
|
362,746
|
|
|
2005A, 5.000%, 9/01/35 – SYNCORA GTY Insured
|
|
|
|
3,000
|
|
Riverside County Public Financing Authority, California, Tax Allocation Bonds, Multiple
|
10/15 at 100.00
|
BBB
|
2,528,340
|
|
|
Projects, Series 2005A, 5.000%, 10/01/35 – SYNCORA GTY Insured
|
|
|
|
4,475
|
|
Riverside County, California, Asset Leasing Corporate Leasehold Revenue Bonds, Riverside
|
6/12 at 101.00
|
Baa1
|
4,562,800
|
|
|
County Hospital Project, Series 1997B, 5.000%, 6/01/19 – NPFG Insured
|
|
|
|
2,500
|
|
Roseville Financing Authority, California, Special Tax Revenue Bonds, Series 2007A, 5.000%,
|
9/17 at 100.00
|
N/R
|
2,173,650
|
|
|
9/01/33 – AMBAC Insured
|
|
|
|
505
|
|
Roseville, California, Certificates of Participation, Public Facilities, Series 2003A, 5.000%,
|
8/13 at 100.00
|
AA–
|
509,348
|
|
|
8/01/25 – AMBAC Insured
|
|
|
|
3,175
|
|
San Buenaventura, California, Certificates of Participation, Series 2001C, 5.250%, 2/01/31 –
|
2/13 at 100.00
|
N/R
|
3,163,348
|
|
|
AMBAC Insured
|
|
|
|
3,730
|
|
San Diego Redevelopment Agency, California, Subordinate Lien Tax Increment and Parking Revenue
|
2/12 at 100.00
|
Baa2
|
3,730,037
|
|
|
Bonds, Centre City Project, Series 2003B, 5.250%, 9/01/26
|
|
|
|
4,000
|
|
San Jose Financing Authority, California, Lease Revenue Refunding Bonds, Convention Center
|
2/12 at 100.00
|
AA+
|
4,013,080
|
|
|
Project, Series 2001F, 5.000%, 9/01/19 – NPFG Insured
|
|
|
|
815
|
|
San Jose Redevelopment Agency, California, Tax Allocation Bonds, Merged Area Redevelopment
|
8/17 at 100.00
|
Baa1
|
760,534
|
|
|
Project, Series 2006C, 5.000%, 8/01/25 – NPFG Insured
|
|
|
|
1,000
|
|
San Jose Redevelopment Agency, California, Tax Allocation Bonds, Merged Project Area, Series
|
8/15 at 100.00
|
Baa1
|
894,490
|
|
|
2005A, 5.000%, 8/01/28 – NPFG Insured
|
|
|
|
2,160
|
|
Temecula Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Project 1,
|
2/12 at 100.00
|
A–
|
2,130,106
|
|
|
Series 2002, 5.125%, 8/01/27 – NPFG Insured
|
|
|
|
112,930
|
|
Total Tax Obligation/Limited
|
|
|
108,884,818
|
|
|
Transportation – 3.3% (2.2% of Total Investments)
|
|
|
|
7,500
|
|
Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Refunding
|
1/14 at 101.00
|
BBB–
|
7,519,800
|
|
|
Bonds, Series 1999, 5.875%, 1/15/29
|
|
|
|
|
|
U.S. Guaranteed – 12.9% (8.7% of Total Investments) (5)
|
|
|
|
2,250
|
|
California Infrastructure and Economic Development Bank, First Lien Revenue Bonds, San
|
1/28 at 100.00
|
Aaa
|
2,802,848
|
|
|
Francisco Bay Area Toll Bridge, Series 2003A, 5.000%, 7/01/36 (Pre-refunded 1/01/28) –
|
|
|
|
|
|
AMBAC Insured
|
|
|
|
9,000
|
|
California State University, Systemwide Revenue Bonds, Series 2002A, 5.125%, 11/01/26
|
11/12 at 100.00
|
Aa2 (5)
|
9,402,210
|
|
|
(Pre-refunded 11/01/12) – AMBAC Insured
|
|
|
|
4,500
|
|
Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed
|
6/13 at 100.00
|
Aaa
|
4,992,525
|
|
|
Revenue Bonds, Series 2003A-2, 7.900%, 6/01/42 (Pre-refunded 6/01/13)
|
|
|
|
3,500
|
|
Los Angeles Unified School District, California, General Obligation Bonds, Series 2002E,
|
7/12 at 100.00
|
AA– (5)
|
3,600,380
|
|
|
5.125%, 1/01/27 (Pre-refunded 7/01/12) – NPFG Insured
|
|
|
|
3,380
|
|
Rancho Mirage Joint Powers Financing Authority, California, Revenue Bonds, Eisenhower Medical
|
7/14 at 100.00
|
Baa2 (5)
|
3,841,978
|
|
|
Center, Series 2004, 5.875%, 7/01/26 (Pre-refunded 7/01/14)
|
|
|
|
|
|
San Francisco Airports Commission, California, Revenue Bonds, San Francisco International
|
|
|
|
|
|
Airport, Second Series 2003, Issue 29A:
|
|
|
|
2,185
|
|
5.250%, 5/01/16 (Pre-refunded 5/01/13) – FGIC Insured (Alternative Minimum Tax)
|
5/13 at 100.00
|
A+ (5)
|
2,336,748
|
2,300
|
|
5.250%, 5/01/17 (Pre-refunded 5/01/13) – FGIC Insured (Alternative Minimum Tax)
|
5/13 at 100.00
|
A+ (5)
|
2,459,735
|
27,115
|
|
Total U.S. Guaranteed
|
|
|
29,436,424
|
|
|
Utilities – 8.6% (5.9% of Total Investments)
|
|
|
|
9,000
|
|
Anaheim Public Finance Authority, California, Revenue Bonds, Electric System Distribution
|
10/12 at 100.00
|
AA–
|
9,216,090
|
|
|
Facilities, Series 2002A, 5.000%, 10/01/27 – AGM Insured
|
|
|
|
2,490
|
|
Long Beach Bond Finance Authority, California, Natural Gas Purchase Revenue Bonds, Series
|
No Opt. Call
|
A
|
2,222,674
|
|
|
2007A, 5.000%, 11/15/35
|
|
|
|
830
|
|
Merced Irrigation District, California, Electric System Revenue Bonds, Series 2005, 5.125%,
|
9/15 at 100.00
|
N/R
|
754,570
|
|
|
9/01/31 – SYNCORA GTY Insured
|
|
|
|
1,775
|
|
Northern California Power Agency, Revenue Refunding Bonds, Hydroelectric Project 1, Series
|
2/12 at 100.00
|
A
|
1,775,391
|
|
|
1998A, 5.200%, 7/01/32 – NPFG Insured
|
|
|
|
5,630
|
|
Southern California Public Power Authority, Subordinate Revenue Refunding Bonds, Transmission
|
7/12 at 100.00
|
AA–
|
5,748,174
|
|
|
Project, Series 2002A, 4.750%, 7/01/19 – AGM Insured
|
|
|
|
19,725
|
|
Total Utilities
|
|
|
19,716,899
|
|
|
Water and Sewer – 17.6% (11.9% of Total Investments)
|
|
|
|
2,185
|
|
California Department of Water Resources, Water System Revenue Bonds, Central Valley Project,
|
12/12 at 100.00
|
AAA
|
2,270,674
|
|
|
Series 2002X, 5.150%, 12/01/23 – FGIC Insured
|
|
|
|
750
|
|
Fortuna Public Finance Authority, California, Water Revenue Bonds, Series 2006, 5.000%,
|
10/16 at 100.00
|
AA–
|
760,718
|
|
|
10/01/36 – AGM Insured
|
|
|
|
570
|
|
Healdsburg Public Financing Authority, California, Wastewater Revenue Bonds, Series 2006,
|
4/16 at 100.00
|
AA–
|
578,054
|
|
|
5.000%, 4/01/36 – NPFG Insured
|
|
|
|
9,000
|
|
Los Angeles County Sanitation Districts Financing Authority, California, Capital Projects
|
10/15 at 100.00
|
A+
|
9,063,360
|
|
|
Revenue Bonds, District 14, Series 2005, 5.000%, 10/01/34 – FGIC Insured
|
|
|
|
4,500
|
|
Los Angeles County Sanitation Districts Financing Authority, California, Senior Revenue Bonds,
|
10/13 at 100.00
|
AA+
|
4,794,659
|
|
|
Capital Projects, Series 2003A, 5.000%, 10/01/23 – AGM Insured
|
|
|
|
1,560
|
|
Manteca Financing Authority, California, Sewerage Revenue Bonds, Series 2003B, 5.000%,
|
12/13 at 100.00
|
Aa3
|
1,561,497
|
|
|
12/01/33 – NPFG Insured
|
|
|
|
500
|
|
Marina Coast Water District, California, Enterprise Certificate of Participation, Series 2006,
|
6/16 at 100.00
|
AA–
|
507,544
|
|
|
5.000%, 6/01/31 – NPFG Insured
|
|
|
|
9,185
|
|
Orange County Sanitation District, California, Certificates of Participation, Series 2003,
|
8/13 at 100.00
|
AAA
|
9,324,704
|
|
|
5.000%, 2/01/33 – FGIC Insured (UB)
|
|
|
|
8,000
|
|
San Diego County Water Authority, California, Water Revenue Certificates of Participation,
|
5/18 at 100.00
|
AA+
|
8,295,039
|
|
|
Series 2008A, 5.000%, 5/01/38 – AGM Insured
|
|
|
|
|
|
Semitropic Water Storage District, Kern County, California, Water Banking Revenue Bonds,
|
|
|
|
|
|
Series 2004A:
|
|
|
|
1,315
|
|
5.500%, 12/01/20 – SYNCORA GTY Insured
|
12/14 at 100.00
|
AA
|
1,447,880
|
1,415
|
|
5.500%, 12/01/21 – SYNCORA GTY Insured
|
12/14 at 100.00
|
AA
|
1,557,985
|
38,980
|
|
Total Water and Sewer
|
|
|
40,162,114
|
$ 503,993
|
|
Total Investments (cost $330,891,838) – 147.8%
|
|
|
337,272,868
|
|
|
Floating Rate Obligations – (3.2)%
|
|
|
(7,385,000)
|
|
|
Variable Rate Demand Preferred Shares, at Liquidation Value – (45.7)% (6)
|
|
|
(104,400,000)
|
|
|
Other Assets Less Liabilities – 1.1%
|
|
|
2,774,059
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 228,261,927
|