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Portfolio of Investments (Unaudited)
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Nuveen Ohio Dividend Advantage Municipal Fund (NXI)
|
|
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|
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November 30, 2012
|
|
|
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Principal
|
|
|
Optional Call
|
|
|
Amount (000)
|
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Consumer Staples – 6.1% (4.4% of Total Investments)
|
|
|
|
|
|
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
|
|
|
|
|
Bonds, Senior Lien, Series 2007A-2:
|
|
|
|
$ 1,500
|
|
5.125%, 6/01/24
|
6/17 at 100.00
|
B
|
$ 1,353,885
|
3,300
|
|
5.875%, 6/01/47
|
6/17 at 100.00
|
BB
|
2,943,499
|
45
|
|
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
|
5/13 at 100.00
|
BBB+
|
45,051
|
|
|
Series 2002, 5.375%, 5/15/33
|
|
|
|
4,845
|
|
Total Consumer Staples
|
|
|
4,342,435
|
|
|
Education and Civic Organizations – 9.6% (6.8% of Total Investments)
|
|
|
|
275
|
|
Miami University of Ohio, General Receipts Bonds, Series 2011, 5.000%, 9/01/36
|
9/21 at 100.00
|
AA
|
325,531
|
300
|
|
Miami University of Ohio, General Receipts Bonds, Series 2012, 4.000%, 9/01/32
|
9/22 at 100.00
|
AA
|
333,642
|
700
|
|
Ohio Higher Education Facilities Commission, General Revenue Bonds, Kenyon College, Series
|
7/16 at 100.00
|
A+
|
740,040
|
|
|
2006, 5.000%, 7/01/41
|
|
|
|
2,650
|
|
Ohio Higher Education Facilities Commission, Revenue Bonds, Ohio Northern University, Series
|
5/13 at 100.00
|
Baa2
|
2,652,887
|
|
|
2002, 5.000%, 5/01/22
|
|
|
|
500
|
|
Ohio Higher Education Facilities Commission, Revenue Bonds, Wittenberg University, Series
|
12/15 at 100.00
|
Ba2
|
501,240
|
|
|
2005, 5.000%, 12/01/24
|
|
|
|
1,000
|
|
Ohio State Higher Educational Facility Commission, Higher Education Facility Revenue Bonds,
|
11/18 at 100.00
|
A–
|
1,157,800
|
|
|
Xavier University 2008C, 5.750%, 5/01/28
|
|
|
|
950
|
|
Ohio State, Higher Educational Facility Revenue Bonds, Otterbein College Project, Series
|
12/18 at 100.00
|
A3
|
1,097,355
|
|
|
2008A, 5.500%, 12/01/28
|
|
|
|
6,375
|
|
Total Education and Civic Organizations
|
|
|
6,808,495
|
|
|
Health Care – 25.9% (18.3% of Total Investments)
|
|
|
|
65
|
|
Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Facilities Revenue
|
11/14 at 100.00
|
Baa1
|
67,846
|
|
|
Bonds, Summa Health System, Series 2004A, 5.500%, 11/15/34 – RAAI Insured
|
|
|
|
500
|
|
Allen County, Ohio, Hospital Facilities Revenue Bonds, Catholic Healthcare Partners, Series
|
6/20 at 100.00
|
AA–
|
566,995
|
|
|
2010A, 5.250%, 6/01/38
|
|
|
|
1,385
|
|
Butler County, Ohio, Hospital Facilities Revenue Bonds, Cincinnati Children’s Medical Center
|
5/16 at 100.00
|
N/R
|
1,450,483
|
|
|
Project, Series 2006K, 5.000%, 5/15/31 – FGIC Insured
|
|
|
|
1,300
|
|
Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children’s Hospital Project,
|
11/19 at 100.00
|
Aa2
|
1,472,393
|
|
|
Improvement Series 2009, 5.250%, 11/01/40
|
|
|
|
600
|
|
Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children’s Hospital Project, Series
|
11/18 at 100.00
|
Aa2
|
654,594
|
|
|
2005, 5.000%, 11/01/40
|
|
|
|
1,280
|
|
Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Tender Option Bond
|
11/21 at 100.00
|
AA+
|
1,620,429
|
|
|
Trust 11-21B, 9.316%, 11/15/41 (IF) (4)
|
|
|
|
2,000
|
|
Hamilton County, Ohio, Revenue Bonds, Children’s Hospital Medical Center, Series 2004J,
|
5/14 at 100.00
|
BBB
|
2,051,660
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|
|
5.125%, 5/15/28 – FGIC Insured
|
|
|
|
1,000
|
|
Hancock County, Ohio, Hospital Revenue Bonds, Blanchard Valley Regional Health Center, Series
|
6/21 at 100.00
|
A2
|
1,210,150
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|
|
2011A, 6.250%, 12/01/34
|
|
|
|
290
|
|
Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series
|
11/21 at 100.00
|
AA–
|
360,603
|
|
|
2011A, 6.000%, 11/15/41
|
|
|
|
330
|
|
Miami County, Ohio, Hospital Facilities Revenue Refunding Bonds, Upper Valley Medical Center
|
5/16 at 100.00
|
A2
|
362,723
|
|
|
Inc., Series 2006, 5.250%, 5/15/21
|
|
|
|
170
|
|
Middleburg Heights, Ohio, Hospital Facilities Revenue Bonds, Southwest General Health Center
|
8/21 at 100.00
|
A2
|
191,328
|
|
|
Project, Refunding Series 2011, 5.250%, 8/01/41
|
|
|
|
1,000
|
|
Montgomery County, Ohio, Revenue Bonds, Catholic Health Initiatives, Series 2004A,
|
5/14 at 100.00
|
AA–
|
1,043,000
|
|
|
5.000%, 5/01/30
|
|
|
|
375
|
|
Montgomery County, Ohio, Revenue Bonds, Miami Valley Hospital, Series 2009A, 6.250%, 11/15/39
|
11/14 at 100.00
|
Aa3
|
408,394
|
|
|
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Cleveland Clinic
|
|
|
|
|
|
Health System Obligated Group, Series 2008A:
|
|
|
|
1,050
|
|
5.000%, 1/01/25
|
1/18 at 100.00
|
Aa2
|
1,189,367
|
90
|
|
5.250%, 1/01/33
|
1/18 at 100.00
|
Aa2
|
100,859
|
|
|
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Summa Health
|
|
|
|
|
|
System Project, Series 2010:
|
|
|
|
1,100
|
|
5.750%, 11/15/40 – AGM Insured
|
5/20 at 100.00
|
AA–
|
1,270,423
|
80
|
|
5.250%, 11/15/40 – AGM Insured
|
5/20 at 100.00
|
AA–
|
90,215
|
200
|
|
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System
|
1/19 at 100.00
|
Aa2
|
229,838
|
|
|
Obligated Group, Series 2009A, 5.500%, 1/01/39
|
|
|
|
|
|
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System
|
|
|
|
|
|
Obligated Group, Tender Option Bond Trust 3551:
|
|
|
|
250
|
|
19.555%, 1/01/17 (IF)
|
No Opt. Call
|
Aa2
|
368,340
|
1,225
|
|
20.062%, 1/01/33 (IF)
|
1/19 at 100.00
|
Aa2
|
1,956,031
|
65
|
|
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System
|
No Opt. Call
|
Aa2
|
103,789
|
|
|
Obligated Group, Tender Option Bond Trust 3591, 20.220%, 1/01/17 (IF)
|
|
|
|
500
|
|
Richland County, Ohio, Hospital Revenue Bonds, MidCentral Health System Group, Series 2006,
|
11/16 at 100.00
|
A–
|
532,930
|
|
|
5.250%, 11/15/36
|
|
|
|
375
|
|
Ross County, Ohio, Hospital Revenue Refunding Bonds, Adena Health System Series 2008,
|
12/18 at 100.00
|
A2
|
428,059
|
|
|
5.750%, 12/01/35
|
|
|
|
500
|
|
Wood County, Ohio, Hospital Facilities Refunding and Improvement Revenue Bonds, Wood County
|
12/22 at 100.00
|
Baa2
|
538,965
|
|
|
Hospital Project, Series 2012, 5.000%, 12/01/42 (WI/DD, Settling 12/06/12)
|
|
|
|
15,730
|
|
Total Health Care
|
|
|
18,269,414
|
|
|
Housing/Multifamily – 4.0% (2.8% of Total Investments)
|
|
|
|
1,165
|
|
Cleveland-Cuyahoga County Port Authority, Ohio, Lease Revenue Bonds, Euclid Avenue Housing
|
8/15 at 100.00
|
N/R
|
1,171,850
|
|
|
Corporation – Fenn Tower Project, Series 2005, 5.000%, 8/01/23 – AMBAC Insured
|
|
|
|
350
|
|
Montgomery County, Ohio, GNMA Guaranteed Multifamily Housing Revenue Bonds, Canterbury Court
|
10/18 at 101.00
|
Aa1
|
384,626
|
|
|
Project, Series 2007, 5.500%, 10/20/42 (Alternative Minimum Tax)
|
|
|
|
265
|
|
Ohio Housing Finance Agency, FHA-Insured Multifamily Housing Mortgage Revenue Bonds, Madonna
|
6/16 at 102.00
|
Aaa
|
279,503
|
|
|
Homes, Series 2006M, 4.900%, 6/20/48 (Alternative Minimum Tax)
|
|
|
|
915
|
|
Summit County Port Authority, Ohio, Multifamily Housing Revenue Bonds, Callis Tower Apartments
|
9/17 at 102.00
|
AA+
|
987,322
|
|
|
Project, Series 2007, 5.250%, 9/20/47 (Alternative Minimum Tax)
|
|
|
|
2,695
|
|
Total Housing/Multifamily
|
|
|
2,823,301
|
|
|
Housing/Single Family – 0.1% (0.1% of Total Investments)
|
|
|
|
90
|
|
Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities
|
9/15 at 100.00
|
Aaa
|
93,281
|
|
|
Program, Series 2006H, 5.000%, 9/01/31 (Alternative Minimum Tax)
|
|
|
|
|
|
Industrials – 5.1% (3.6% of Total Investments)
|
|
|
|
1,500
|
|
Cleveland-Cuyahoga County Port Authority, Ohio, Common Bond Fund Revenue Bonds, Cleveland
|
5/14 at 100.00
|
BBB
|
1,521,585
|
|
|
Christian Home Project, Series 2002C, 5.950%, 5/15/22
|
|
|
|
260
|
|
Cleveland-Cuyahoga County Port Authority, Ohio, Development Revenue Bonds, Bond Fund
|
11/15 at 100.00
|
BBB
|
265,392
|
|
|
Program – Columbia National Group Project, Series 2005D, 5.000%, 5/15/20 (Alternative Minimum Tax)
|
|
|
|
1,300
|
|
Toledo-Lucas County Port Authority, Ohio, Revenue Refunding Bonds, CSX Transportation Inc.,
|
No Opt. Call
|
Baa2
|
1,689,987
|
|
|
Series 1992, 6.450%, 12/15/21
|
|
|
|
700
|
|
Western Reserve Port Authority, Ohio, Solid Waste Facility Revenue Bonds, Central Waste Inc.,
|
7/17 at 102.00
|
N/R
|
98,189
|
|
|
Series 2007A, 6.350%, 7/01/27 (Alternative Minimum Tax) (5)
|
|
|
|
3,760
|
|
Total Industrials
|
|
|
3,575,153
|
|
|
Long-Term Care – 1.1% (0.8% of Total Investments)
|
|
|
|
215
|
|
Franklin County, Ohio, Healthcare Facilities Revenue Bonds, Ohio Presbyterian Retirement
|
7/21 at 100.00
|
BBB
|
245,509
|
|
|
Services, Improvement Series 2010A, 5.625%, 7/01/26
|
|
|
|
470
|
|
Montgomery County, Ohio, Health Care and Multifamily Housing Revenue Bonds, Saint Leonard,
|
4/20 at 100.00
|
BBB–
|
539,208
|
|
|
Refunding & improvement Series 2010, 6.625%, 4/01/40
|
|
|
|
685
|
|
Total Long-Term Care
|
|
|
784,717
|
|
|
Tax Obligation/General – 29.9% (21.2% of Total Investments)
|
|
|
|
125
|
|
Barberton City School District, Summit County, Ohio, General Obligation Bonds, School
|
6/18 at 100.00
|
AA
|
145,609
|
|
|
Improvement Series 2008, 5.250%, 12/01/31
|
|
|
|
|
|
Central Ohio Solid Waste Authority, General Obligation Bonds, Refunding & Improvements,
|
|
|
|
|
|
Series 2012:
|
|
|
|
250
|
|
5.000%, 12/01/26 – AMBAC Insured
|
6/22 at 100.00
|
AAA
|
313,043
|
160
|
|
5.000%, 12/01/28 – AGM Insured
|
6/22 at 100.00
|
AAA
|
198,771
|
765
|
|
5.000%, 12/01/29 – AGM Insured
|
6/22 at 100.00
|
AAA
|
947,407
|
|
|
Cincinnati, Ohio, Various Purpose General Obligation Bonds, Series 2012A:
|
|
|
|
1,960
|
|
5.000%, 12/01/31
|
12/20 at 100.00
|
AA+
|
2,353,529
|
875
|
|
5.000%, 12/01/32
|
12/20 at 100.00
|
AA+
|
1,047,139
|
|
|
Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Series 2006:
|
|
|
|
400
|
|
0.000%, 12/01/27 – AGM Insured
|
No Opt. Call
|
AA+
|
248,616
|
1,735
|
|
0.000%, 12/01/28 – AGM Insured
|
No Opt. Call
|
AA+
|
1,030,035
|
400
|
|
Cuyahoga County, Ohio, General Obligation Bonds, Series 2004, 5.000%, 12/01/21
|
12/14 at 100.00
|
AA+
|
434,912
|
1,355
|
|
Franklin County, Ohio, General Obligation Bonds, Series 2007, 5.000%, 12/01/27
|
12/17 at 100.00
|
AAA
|
1,596,705
|
470
|
|
Green, Ohio, General Obligation Bonds, Series 2008, 5.500%, 12/01/32
|
12/15 at 100.00
|
AA+
|
520,102
|
2,550
|
|
Hamilton City School District, Ohio, General Obligation Bonds, Series 2007, 5.000%,
|
6/17 at 100.00
|
AA–
|
2,855,769
|
|
|
12/01/34 – AGM Insured
|
|
|
|
2,000
|
|
Indian Lake Local School District, Logan and Auglaize Counties, Ohio, School Facilities
|
6/17 at 100.00
|
Aa3
|
2,257,500
|
|
|
Improvement and Refunding Bonds, Series 2007, 5.000%, 12/01/34 – NPFG Insured
|
|
|
|
500
|
|
Kenston Local School District, Geauga County, Ohio, General Obligation Bonds, Series 2011,
|
No Opt. Call
|
Aa1
|
414,755
|
|
|
0.000%, 12/01/21
|
|
|
|
430
|
|
Lakewood City School District, Cuyahoga County, Ohio, General Obligation Bonds, Series 2007,
|
12/17 at 100.00
|
Aa2
|
491,980
|
|
|
5.000%, 12/01/30 – FGIC Insured
|
|
|
|
400
|
|
Lucas County, Ohio, General Obligation Bonds, Various Purpose Series 2010, 5.000%, 10/01/40
|
10/18 at 100.00
|
Aa2
|
452,076
|
1,005
|
|
Marysville Exempted School District, Union County, Ohio, General Obligation Bonds, Series
|
12/15 at 100.00
|
AA–
|
1,119,791
|
|
|
2006, 5.000%, 12/01/25 – AGM Insured
|
|
|
|
200
|
|
Mason City School District, Counties of Warren and Butler, Ohio, General Obligation Bonds,
|
6/17 at 100.00
|
Aaa
|
229,278
|
|
|
Series 2007, 5.000%, 12/01/31
|
|
|
|
1,000
|
|
Middletown City School District, Butler County, Ohio, General Obligation Bonds, Refunding
|
No Opt. Call
|
Aa3
|
1,333,610
|
|
|
Series 2007, 5.250%, 12/01/31 – AGM Insured
|
|
|
|
50
|
|
Milford Exempted Village School District, Ohio, General Obligation Bonds, Series 2008,
|
12/18 at 100.00
|
Aa3
|
57,389
|
|
|
5.250%, 12/01/36
|
|
|
|
100
|
|
Monroe Local School District, Butler County, Ohio, General Obligation Bonds, Series 2006,
|
No Opt. Call
|
A2
|
127,152
|
|
|
5.500%, 12/01/24 – AMBAC Insured
|
|
|
|
150
|
|
Napoleon City School District, Henry County, Ohio, General Obligation Bonds, Facilities
|
6/22 at 100.00
|
Aa3
|
174,578
|
|
|
Construction & Improvement Series 2012, 5.000%, 12/01/36
|
|
|
|
750
|
|
Northmor Local School District, Morrow County, Ohio, General Obligation School Facilities
|
11/18 at 100.00
|
Aa2
|
848,415
|
|
|
Construction and Improvement Bonds, Series 2008, 5.000%, 11/01/36
|
|
|
|
1,000
|
|
South Euclid, Ohio, General Obligation Bonds, Real Estate Acquisition and Urban Redevelopment,
|
6/22 at 100.00
|
Aa2
|
1,168,360
|
|
|
Series 2012, 5.000%, 6/01/42
|
|
|
|
500
|
|
South-Western City School District, Franklin and Pickaway Counties, Ohio, General Obligation
|
6/22 at 100.00
|
|
596,515
|
|
|
Bonds, School Facilities Construction & Improvement Series 2012, 5.000%, 12/01/36
|
|
|
|
50
|
|
Sylvania City School District, Lucas County, Ohio, General Obligation Bonds, School
|
6/17 at 100.00
|
Aa2
|
57,136
|
|
|
Improvement Series 1995, 5.250%, 12/01/36 – AGC Insured
|
|
|
|
50
|
|
Vandalia Butler City School District, Montgomery County, Ohio, General Obligation Bonds,
|
6/19 at 100.00
|
AA
|
56,728
|
|
|
School Improvment Series 2009, 5.125%, 12/01/37
|
|
|
|
19,230
|
|
Total Tax Obligation/General
|
|
|
21,076,900
|
|
|
Tax Obligation/Limited – 26.1% (18.5% of Total Investments)
|
|
|
|
125
|
|
Cincinnati City School District, Ohio, Certificates of Participation, Series 2006, 5.000%,
|
12/16 at 100.00
|
Aa2
|
142,760
|
|
|
12/15/32 – AGM Insured
|
|
|
|
2,000
|
|
Cuyhoga County, Ohio, Recovery Zone Facility Economic Development Revenue Bonds, Medical
|
12/20 at 100.00
|
AA
|
2,356,638
|
|
|
Mart-Convention Center Project, Series 2010F, 5.000%, 12/01/27
|
|
|
|
50
|
|
Delaware County District Library, Delaware, Franklin, Marion, Morrow and Union Counties, Ohio,
|
12/19 at 100.00
|
Aa2
|
57,655
|
|
|
Library Fund Library Facilities Special Obligation Notes, Series 2009, 5.000%, 12/01/34
|
|
|
|
2,000
|
|
Franklin County Convention Facilities Authority, Ohio, Excise Tax and Lease Revenue
|
12/15 at 100.00
|
Aaa
|
2,220,040
|
|
|
Anticipation Bonds, Series 2005, 5.000%, 12/01/27 – AMBAC Insured
|
|
|
|
525
|
|
Government of Guam, Business Privilege Tax Bonds, Series 2011A, 5.125%, 1/01/42
|
1/22 at 100.00
|
A
|
600,338
|
225
|
|
Government of Guam, Business Privilege Tax Bonds, Series 2012B-1, 5.000%, 1/01/42
|
1/22 at 100.00
|
A
|
255,094
|
1,090
|
|
Greater Cleveland Regional Transit Authority, Ohio, Sales Tax Supported Capital Improvement
|
12/21 at 100.00
|
AAA
|
1,350,630
|
|
|
Bonds, Refunding Series 2012, 5.250%, 12/01/28
|
|
|
|
1,415
|
|
Hamilton County Convention Facilities Authority, Ohio, First Lien Revenue Bonds, Series 2004,
|
6/14 at 100.00
|
A+
|
1,493,886
|
|
|
5.000%, 12/01/21 – FGIC Insured
|
|
|
|
1,500
|
|
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Lien, Series 2006A, 5.000%,
|
12/16 at 100.00
|
A+
|
1,672,095
|
|
|
12/01/32 – AMBAC Insured
|
|
|
|
2,000
|
|
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Series 2000B, 0.000%,
|
No Opt. Call
|
AA–
|
1,097,580
|
|
|
12/01/28 – AGM Insured
|
|
|
|
1,000
|
|
Hamilton County, Ohio, Sales Tax Revenue Bonds, Refunding Series 2011A, 5.000%, 12/01/31
|
12/21 at 100.00
|
A+
|
1,158,050
|
685
|
|
New Albany Community Authority, Ohio, Community Facilities Revenue Refunding Bonds, Series
|
10/22 at 100.00
|
A1
|
828,508
|
|
|
2012C, 5.000%, 10/01/24
|
|
|
|
345
|
|
Ohio State Building Authority, State Facilities Bonds, Administrative Building Fund Projects,
|
4/15 at 100.00
|
AA
|
379,762
|
|
|
Series 2005A, 5.000%, 4/01/25 – AGM Insured
|
|
|
|
1,000
|
|
Ohio State Building Authority, State Facilities Bonds, Adult Correctional Building Fund
|
4/15 at 100.00
|
AA
|
1,101,740
|
|
|
Project, Series 2005A, 5.000%, 4/01/23 – AGM Insured
|
|
|
|
5,220
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
No Opt. Call
|
A+
|
1,661,944
|
|
|
2009A, 0.000%, 8/01/34
|
|
|
|
5,250
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
No Opt. Call
|
A+
|
1,553,633
|
|
|
2010A, 0.000%, 8/01/35
|
|
|
|
400
|
|
Riversouth Authority, Ohio, Riversouth Area Redevelopment Bonds, Refunding Series 2012A,
|
12/22 at 100.00
|
AA+
|
493,520
|
|
|
5.000%, 12/01/24
|
|
|
|
24,830
|
|
Total Tax Obligation/Limited
|
|
|
18,423,873
|
|
|
Transportation – 0.6% (0.4% of Total Investments)
|
|
|
|
425
|
|
Dayton, Ohio, Airport Revenue Bonds, James M. Cox International Airport, Series 2003C, 5.250%,
|
12/13 at 100.00
|
A–
|
434,461
|
|
|
12/01/23 – RAAI Insured (Alternative Minimum Tax)
|
|
|
|
|
|
U.S. Guaranteed – 16.7% (11.8% of Total Investments) (6)
|
|
|
|
1,500
|
|
Centerville City School District, Montgomery County, Ohio, General Obligation Bonds, Series
|
6/15 at 100.00
|
Aa1 (6)
|
1,671,585
|
|
|
2005, 5.000%, 12/01/30 (Pre-refunded 6/01/15) – AGM Insured
|
|
|
|
|
|
Cuyahoga County, Ohio, Revenue Refunding Bonds, Cleveland Clinic Health System, Series 2003A:
|
|
|
|
560
|
|
6.000%, 1/01/32 (Pre-refunded 7/01/13)
|
7/13 at 100.00
|
Aa2 (6)
|
578,827
|
540
|
|
6.000%, 1/01/32 (Pre-refunded 7/01/13)
|
7/13 at 100.00
|
Aa2 (6)
|
558,155
|
1,000
|
|
Middletown City School District, Butler County, Ohio, General Obligation Bonds, Series 2004,
|
12/13 at 100.00
|
N/R (6)
|
1,047,560
|
|
|
5.000%, 12/01/25 (Pre-refunded 12/01/13) – FGIC Insured
|
|
|
|
250
|
|
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, University
|
1/15 at 100.00
|
A (6)
|
283,288
|
|
|
Hospitals Health System, Series 2009, 6.750%, 1/15/39 (Pre-refunded 1/15/15)
|
|
|
|
1,760
|
|
Ohio University at Athens, Subordinate Lien General Receipts Bonds, Series 2004, 5.000%,
|
6/14 at 100.00
|
Aa3 (6)
|
1,883,024
|
|
|
12/01/20 (Pre-refunded 6/01/14) – NPFG Insured
|
|
|
|
325
|
|
Ohio Water Development Authority, Revenue Bonds, Drinking Water Assistance Fund, State Match,
|
6/18 at 100.00
|
AAA
|
398,577
|
|
|
Series 2008, 5.000%, 6/01/28 (Pre-refunded 6/01/18) – AGM Insured
|
|
|
|
645
|
|
Ohio Water Development Authority, Revenue Bonds, Water Development Community Assistance
|
12/13 at 100.00
|
Aa1 (6)
|
675,812
|
|
|
Program, Series 2003, 5.000%, 12/01/23 (Pre-refunded 12/01/13) – NPFG Insured
|
|
|
|
1,900
|
|
Olentangy Local School District, Delaware and Franklin Counties, Ohio, General Obligation
|
6/14 at 100.00
|
AA+ (6)
|
2,039,935
|
|
|
Bonds, Series 2004A, 5.250%, 12/01/23 (Pre-refunded 6/01/14) – FGIC Insured
|
|
|
|
2,415
|
|
Troy City School District, Miami County, Ohio, General Obligation Bonds, Series 2005, 5.000%,
|
12/14 at 100.00
|
Aa2 (6)
|
2,639,545
|
|
|
12/01/28 (Pre-refunded 12/01/14) – AGM Insured
|
|
|
|
10,895
|
|
Total U.S. Guaranteed
|
|
|
11,776,308
|
|
|
Utilities – 7.7% (5.5% of Total Investments)
|
|
|
|
|
|
American Municipal Power Ohio Inc., General Revenue Bonds, Prairie State Energy Campus Project
|
|
|
|
|
|
Series 2008A:
|
|
|
|
50
|
|
5.000%, 2/15/38 – AGC Insured
|
2/18 at 100.00
|
AA–
|
56,414
|
1,000
|
|
5.250%, 2/15/43
|
2/18 at 100.00
|
A1
|
1,135,260
|
2,130
|
|
Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B, 0.000%,
|
No Opt. Call
|
A2
|
921,055
|
|
|
11/15/32 – NPFG Insured
|
|
|
|
2,265
|
|
Ohio Air Quality Development Authority, Revenue Refunding Bonds, Ohio Power Company Project,
|
5/13 at 100.00
|
Baa1
|
2,268,737
|
|
|
Series 1999C, 5.150%, 5/01/26 – AMBAC Insured
|
|
|
|
1,000
|
|
Ohio Municipal Electric Generation Agency, Beneficial Interest Certificates, Belleville
|
2/14 at 100.00
|
A1
|
1,052,210
|
|
|
Hydroelectric Project – Joint Venture 5, Series 2004, 5.000%, 2/15/21 – AMBAC Insured
|
|
|
|
6,445
|
|
Total Utilities
|
|
|
5,433,676
|
|
|
Water and Sewer – 8.2% (5.8% of Total Investments)
|
|
|
|
1,100
|
|
Cincinnati, Ohio, Water System Revenue Bonds, Series 2012A, 5.000%, 12/01/37
|
12/21 at 100.00
|
AAA
|
1,317,030
|
175
|
|
City of Marysville, Ohio, Water System Mortgage Revenue Bonds, Series 2007, 5.000%,
|
12/17 at 100.00
|
A1
|
200,225
|
|
|
12/01/32 – AMBAC Insured
|
|
|
|
625
|
|
Cleveland, Ohio, Water Revenue Bonds, Second Lien Series 2012A, 5.000%, 1/01/25
|
1/22 at 100.00
|
Aa2
|
776,838
|
925
|
|
Ironton, Ohio, Sewer System Improvement Revenue Bonds, Series 2011, 5.250%,
|
12/20 at 100.00
|
Aa3
|
1,076,025
|
|
|
12/01/40 – AGM Insured
|
|
|
|
500
|
|
Marysville, Ohio, Wastewater Treatment System Revenue Bonds, Series 2006, 5.250%,
|
12/16 at 100.00
|
A–
|
579,440
|
|
|
12/01/24 – SYNCORA GTY Insured
|
|
|
|
730
|
|
Ohio Water Development Authority, Revenue Bonds, Water Development Community Assistance
|
12/13 at 100.00
|
Aa1
|
762,361
|
|
|
Program, Series 2003, 5.000%, 12/01/23 – NPFG Insured
|
|
|
|
1,000
|
|
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A,
|
7/18 at 100.00
|
Baa2
|
1,059,400
|
|
|
6.000%, 7/01/44
|
|
|
|
5,055
|
|
Total Water and Sewer
|
|
|
5,771,319
|
$ 101,060
|
|
Total Investments (cost $88,825,531) – 141.1%
|
|
|
99,613,333
|
|
|
MuniFund Term Preferred Shares, at Liquidation Value – (44.1)% (7)
|
|
|
(31,103,400)
|
|
|
Other Assets Less Liabilities – 3.0%
|
|
|
2,090,912
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 70,600,845
|