|
|
|
|
|
|
|
|
Portfolio of Investments (Unaudited)
|
|
|
|
|
|
Nuveen Insured Municipal Opportunity Fund, Inc. (NIO)
|
|
|
|
|
|
July 31, 2011
|
|
|
|
Principal
|
|
|
Optional Call
|
|
|
Amount (000)
|
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Alabama – 2.6% (1.7% of Total Investments)
|
|
|
|
$ 10,500
|
|
Birmingham Waterworks and Sewerage Board, Alabama, Water and Sewerage Revenue Bonds, Series
|
1/17 at 100.00
|
AA+
|
$ 9,726,780
|
|
|
2007A, 4.500%, 1/01/43 – BHAC Insured
|
|
|
|
2,500
|
|
Jefferson County, Alabama, Sewer Revenue Capital Improvement Warrants, Series 2002B, 5.125%,
|
8/12 at 100.00
|
AAA
|
2,620,300
|
|
|
2/01/42 (Pre-refunded 8/01/12) – FGIC Insured
|
|
|
|
|
|
Jefferson County, Alabama, Sewer Revenue Capital Improvement Warrants, Series 2002D:
|
|
|
|
425
|
|
5.000%, 2/01/38 (Pre-refunded 8/01/12) – FGIC Insured
|
8/12 at 100.00
|
AAA
|
444,168
|
14,800
|
|
5.000%, 2/01/42 (Pre-refunded 8/01/12) – FGIC Insured
|
8/12 at 100.00
|
AAA
|
15,493,528
|
10,195
|
|
Jefferson County, Alabama, Sewer Revenue Refunding Warrants, Series 1997A, 5.375%, 2/01/27 –
|
10/11 at 100.00
|
Caa3
|
7,074,412
|
|
|
FGIC Insured
|
|
|
|
38,420
|
|
Total Alabama
|
|
|
35,359,188
|
|
|
Arizona – 2.1% (1.4% of Total Investments)
|
|
|
|
|
|
Arizona State University, Certificates of Participation, Resh Infrastructure Projects,
|
|
|
|
|
|
Series 2005A:
|
|
|
|
2,000
|
|
5.000%, 9/01/25 – AMBAC Insured
|
3/15 at 100.00
|
AA–
|
2,051,040
|
2,000
|
|
5.000%, 9/01/27 – AMBAC Insured
|
3/15 at 100.00
|
AA–
|
2,041,680
|
1,000
|
|
Arizona State University, System Revenue Bonds, Series 2005, 5.000%, 7/01/27 – AMBAC Insured
|
7/15 at 100.00
|
Aa3
|
1,020,460
|
3,000
|
|
Arizona State, Certificates of Participation, Department of Administration Series 2010B,
|
4/20 at 100.00
|
AA+
|
3,083,760
|
|
|
5.000%, 10/01/29 – AGC Insured
|
|
|
|
1,000
|
|
Maricopa County Union High School District 210, Phoenix, Arizona, General Obligation Bonds,
|
7/14 at 100.00
|
AA+ (4)
|
1,125,860
|
|
|
Series 2004A, 5.000%, 7/01/22 (Pre-refunded 7/01/14) – AGM Insured
|
|
|
|
5,200
|
|
Mesa, Arizona, Utility System Revenue Bonds, Reset Option Longs, Series 11032, 15.030%,
|
7/17 at 100.00
|
AA+
|
4,196,192
|
|
|
7/01/26 – AGM Insured (IF)
|
|
|
|
1,150
|
|
Phoenix Civic Improvement Corporation, Arizona, Junior Lien Wastewater System Revenue Bonds,
|
7/14 at 100.00
|
AA+
|
1,194,540
|
|
|
Series 2004, 5.000%, 7/01/27 – NPFG Insured
|
|
|
|
13,490
|
|
Phoenix Civic Improvement Corporation, Arizona, Junior Lien Water System Revenue Bonds, Series
|
7/15 at 100.00
|
AAA
|
14,029,870
|
|
|
2005, 4.750%, 7/01/25 – NPFG Insured
|
|
|
|
28,840
|
|
Total Arizona
|
|
|
28,743,402
|
|
|
Arkansas – 0.2% (0.1% of Total Investments)
|
|
|
|
2,660
|
|
Arkansas State University, Student Fee Revenue Bonds, Beebe Campus, Series 2006, 5.000%,
|
9/15 at 100.00
|
A1
|
2,689,765
|
|
|
9/01/35 – AMBAC Insured
|
|
|
|
|
|
California – 23.1% (15.4% of Total Investments)
|
|
|
|
5,600
|
|
Alameda Corridor Transportation Authority, California, Subordinate Lien Revenue Bonds, Series
|
No Opt. Call
|
A–
|
3,374,896
|
|
|
2004A, 0.000%, 10/01/20 – AMBAC Insured
|
|
|
|
|
|
California Department of Water Resources, Power Supply Revenue Bonds, Series 2002A:
|
|
|
|
30,000
|
|
5.375%, 5/01/17 (Pre-refunded 5/01/12) – SYNCORA GTY Insured
|
5/12 at 101.00
|
Aaa
|
31,458,900
|
20,000
|
|
5.375%, 5/01/18 (Pre-refunded 5/01/12) – AMBAC Insured
|
5/12 at 101.00
|
Aaa
|
20,972,600
|
|
|
California Department of Water Resources, Water System Revenue Bonds, Central Valley Project,
|
|
|
|
|
|
Series 2005AC:
|
|
|
|
30
|
|
5.000%, 12/01/24 (Pre-refunded 12/01/14) – NPFG Insured
|
12/14 at 100.00
|
AAA
|
34,437
|
25
|
|
5.000%, 12/01/27 (Pre-refunded 12/01/14) – NPFG Insured
|
12/14 at 100.00
|
AAA
|
28,698
|
|
|
California Department of Water Resources, Water System Revenue Bonds, Central Valley Project,
|
|
|
|
|
|
Series 2005AC:
|
|
|
|
3,670
|
|
5.000%, 12/01/24 – NPFG Insured (UB)
|
12/14 at 100.00
|
AAA
|
4,006,392
|
2,795
|
|
5.000%, 12/01/27 – NPFG Insured (UB)
|
12/14 at 100.00
|
AAA
|
2,995,877
|
10,150
|
|
California State, General Obligation Bonds, Series 2004, 5.000%, 6/01/31 – AMBAC Insured
|
12/14 at 100.00
|
A1
|
10,169,387
|
3,500
|
|
Coachella Valley Unified School District, Riverside County, California, General Obligation
|
8/15 at 100.00
|
A1
|
3,588,620
|
|
|
Bonds, Series 2005A, 5.000%, 8/01/26 – FGIC Insured
|
|
|
|
20,000
|
|
Cucamonga County Water District, San Bernardino County, California, Certificates of
|
9/11 at 101.00
|
AA–
|
19,889,400
|
|
|
Participation, Water Shares Purchase, Series 2001, 5.125%, 9/01/35 – FGIC Insured
|
|
|
|
5,750
|
|
East Bay Municipal Utility District, Alameda and Contra Costa Counties, California, Water
|
6/15 at 100.00
|
AAA
|
6,019,158
|
|
|
System Subordinated Revenue Bonds, Series 2005A, 5.000%, 6/01/27 – NPFG Insured
|
|
|
|
10,000
|
|
Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement
|
6/15 at 100.00
|
A2
|
9,145,300
|
|
|
Asset-Backed Revenue Bonds, Series 2005A, 5.000%, 6/01/38 – FGIC Insured
|
|
|
|
1,520
|
|
Hayward Redevelopment Agency, California, Downtown Redevelopment Project Tax Allocation Bonds,
|
3/16 at 100.00
|
A–
|
1,278,670
|
|
|
Series 2006, 5.000%, 3/01/36 – SYNCORA GTY Insured
|
|
|
|
5,600
|
|
Kern Community College District, California, General Obligation Bonds, Series 2006, 0.000%,
|
No Opt. Call
|
AA+
|
2,714,264
|
|
|
11/01/24 – AGM Insured
|
|
|
|
5,000
|
|
Long Beach Bond Financing Authority, California, Lease Revenue Refunding Bonds, Long Beach
|
11/11 at 101.00
|
BBB
|
4,730,200
|
|
|
Aquarium of the South Pacific, Series 2001, 5.250%, 11/01/30 – AMBAC Insured
|
|
|
|
2,740
|
|
Los Angeles Harbors Department, California, Revenue Bonds, Series 2006A, 5.000%, 8/01/22 –
|
8/16 at 102.00
|
AA
|
2,919,470
|
|
|
FGIC Insured (Alternative Minimum Tax)
|
|
|
|
20,000
|
|
Los Angeles Unified School District, California, General Obligation Bonds, Series 2003A,
|
7/13 at 100.00
|
AA+
|
21,219,200
|
|
|
5.000%, 7/01/21 – AGM Insured
|
|
|
|
3,000
|
|
Los Angeles Unified School District, California, General Obligation Bonds, Series 2006F,
|
7/16 at 100.00
|
Aa2
|
3,158,760
|
|
|
5.000%, 7/01/24 – FGIC Insured
|
|
|
|
5,200
|
|
Palomar Pomerado Health, California, General Obligation Bonds, Series 2009A, 0.000%, 8/01/38 –
|
8/29 at 100.00
|
AA+
|
3,377,660
|
|
|
AGC Insured
|
|
|
|
5,515
|
|
Port of Oakland, California, Revenue Bonds, Series 2002L, 5.000%, 11/01/22 – FGIC Insured
|
11/12 at 100.00
|
A
|
5,547,097
|
|
|
(Alternative Minimum Tax)
|
|
|
|
690
|
|
Port of Oakland, California, Revenue Bonds, Series 2002L, 5.000%, 11/01/22 (Pre-refunded
|
11/12 at 100.00
|
A (4)
|
730,979
|
|
|
11/01/12) – FGIC Insured
|
|
|
|
|
|
Poway Redevelopment Agency, California, Tax Allocation Bonds, Paguay Redevelopment Project,
|
|
|
|
|
|
Series 2001:
|
|
|
|
15,000
|
|
5.200%, 6/15/30 – AMBAC Insured
|
12/11 at 101.00
|
N/R
|
13,328,250
|
5,000
|
|
5.125%, 6/15/33 – AMBAC Insured
|
12/11 at 101.00
|
N/R
|
4,270,250
|
2,035
|
|
Redding, California, Electric System Revenue Certificates of Participation, Series 2005,
|
6/15 at 100.00
|
BBB
|
1,763,612
|
|
|
5.000%, 6/01/30 – FGIC Insured
|
|
|
|
6,000
|
|
Redlands Unified School District, San Bernardino County, California, General Obligation Bonds,
|
7/13 at 100.00
|
AA+
|
6,078,120
|
|
|
Series 2003, 5.000%, 7/01/26 – AGM Insured
|
|
|
|
2,970
|
|
Riverside Community College District, California, General Obligation Bonds, Series 2005,
|
8/15 at 100.00
|
AA+
|
3,211,164
|
|
|
5.000%, 8/01/22 – AGM Insured
|
|
|
|
2,500
|
|
Sacramento County Sanitation District Financing Authority, California, Revenue Bonds, Series
|
12/15 at 100.00
|
AA
|
2,668,575
|
|
|
2005B, 4.750%, 12/01/21 – FGIC Insured
|
|
|
|
3,025
|
|
San Francisco Airports Commission, California, Revenue Refunding Bonds, San Francisco
|
11/11 at 100.00
|
A+
|
3,025,605
|
|
|
International Airport, Second Series 2001, Issue 27A, 5.250%, 5/01/26 – NPFG Insured
|
|
|
|
|
|
(Alternative Minimum Tax)
|
|
|
|
1,220
|
|
San Francisco Bay Area Rapid Transit District, California, Sales Tax Revenue Bonds, Refunding
|
7/15 at 100.00
|
AA+
|
1,331,874
|
|
|
Series 2005A, 5.000%, 7/01/22 – NPFG Insured
|
|
|
|
3,030
|
|
San Francisco Bay Area Rapid Transit District, California, Sales Tax Revenue Bonds, Series
|
10/11 at 100.00
|
AA+
|
3,030,364
|
|
|
2001, 5.125%, 7/01/36 – AMBAC Insured
|
|
|
|
2,105
|
|
San Francisco Unified School District, California, General Obligation Bonds, Series 2007A,
|
6/17 at 100.00
|
AA+
|
1,849,074
|
|
|
3.000%, 6/15/27 – AGM Insured
|
|
|
|
66,685
|
|
San Joaquin Hills Transportation Corridor Agency, Orange County, California, Senior Lien Toll
|
No Opt. Call
|
AAA
|
50,277,156
|
|
|
Road Revenue Bonds, Series 1993, 0.000%, 1/01/21 (ETM)
|
|
|
|
|
|
San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue
|
|
|
|
|
|
Refunding Bonds, Series 1997A:
|
|
|
|
31,615
|
|
5.250%, 1/15/30 – NPFG Insured
|
1/12 at 100.00
|
Baa1
|
24,697,322
|
21,500
|
|
0.000%, 1/15/32 – NPFG Insured
|
No Opt. Call
|
Baa1
|
3,584,265
|
21,255
|
|
San Jose Redevelopment Agency, California, Tax Allocation Bonds, Merged Area Redevelopment
|
8/17 at 100.00
|
BBB+
|
15,430,280
|
|
|
Project, Series 2006C, 4.250%, 8/01/30 – NPFG Insured
|
|
|
|
11,250
|
|
Santa Ana Financing Authority, California, Lease Revenue Bonds, Police Administration and
|
No Opt. Call
|
Baa1
|
12,285,450
|
|
|
Housing Facility, Series 1994A, 6.250%, 7/01/24 – NPFG Insured
|
|
|
|
6,785
|
|
Santa Clara Valley Water District, California, Water Revenue Bonds, Series 2006A, 3.750%,
|
6/16 at 100.00
|
AA+
|
6,663,141
|
|
|
6/01/25 – AGM Insured
|
|
|
|
5,000
|
|
Walnut Energy Center Authority, California, Electric Revenue Bonds, Turlock Irrigation
|
1/14 at 100.00
|
A+
|
4,910,500
|
|
|
District, Series 2004A, 5.000%, 1/01/34 – AMBAC Insured
|
|
|
|
367,760
|
|
Total California
|
|
|
315,764,967
|
|
|
Colorado – 3.3% (2.2% of Total Investments)
|
|
|
|
1,080
|
|
Arkansas River Power Authority, Colorado, Power Revenue Bonds, Series 2006, 5.250%, 10/01/40 –
|
10/16 at 100.00
|
BBB
|
936,446
|
|
|
SYNCORA GTY Insured
|
|
|
|
1,900
|
|
Aspen, Colorado, Sales Tax Revenue Bonds, Parks and Open Space, Series 2005B, 5.250%,
|
11/15 at 100.00
|
AA+
|
2,039,783
|
|
|
11/01/24 – AGM Insured
|
|
|
|
1,000
|
|
Colorado Department of Transportation, Certificates of Participation, Series 2004, 5.000%,
|
6/14 at 100.00
|
AA–
|
1,032,380
|
|
|
6/15/25 – NPFG Insured
|
|
|
|
4,950
|
|
Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel,
|
12/13 at 100.00
|
N/R (4)
|
5,430,497
|
|
|
Senior Lien Series 2003A, 5.000%, 12/01/33 (Pre-refunded 12/01/13) – SYNCORA GTY Insured
|
|
|
|
1,740
|
|
Douglas County School District RE1, Douglas and Elbert Counties, Colorado, General Obligation
|
12/14 at 100.00
|
Aa1
|
1,805,807
|
|
|
Bonds, Series 2005B, 5.000%, 12/15/28 – AGM Insured
|
|
|
|
35,995
|
|
E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 1997B, 0.000%,
|
No Opt. Call
|
Baa1
|
16,728,676
|
|
|
9/01/23 – NPFG Insured
|
|
|
|
10,000
|
|
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004A, 0.000%, 9/01/27 –
|
No Opt. Call
|
Baa1
|
3,357,400
|
|
|
NPFG Insured
|
|
|
|
4,520
|
|
Jefferson County School District R1, Colorado, General Obligation Bonds, Series 2004, 5.000%,
|
12/14 at 100.00
|
AA+ (4)
|
5,177,434
|
|
|
12/15/24 (Pre-refunded 12/15/14) – AGM Insured (UB)
|
|
|
|
4,335
|
|
Poudre Tech Metro District, Colorado, Unlimited Property Tax Supported Revenue Bonds,
|
12/20 at 100.00
|
AA+
|
4,432,104
|
|
|
Refunding & Improvement Series 2010A, 5.000%, 12/01/39 – AGM Insured
|
|
|
|
2,500
|
|
Summit County School District RE-1, Summit, Colorado, General Obligation Bonds, Series 2004B,
|
12/14 at 100.00
|
Aa2
|
2,647,275
|
|
|
5.000%, 12/01/24 – FGIC Insured
|
|
|
|
1,000
|
|
University of Colorado, Enterprise System Revenue Bonds, Series 2005, 5.000%, 6/01/30 –
|
6/15 at 100.00
|
Aa2
|
1,038,240
|
|
|
FGIC Insured
|
|
|
|
69,020
|
|
Total Colorado
|
|
|
44,626,042
|
|
|
Connecticut – 0.2% (0.2% of Total Investments)
|
|
|
|
3,250
|
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Wesleyan University,
|
7/20 at 100.00
|
AA
|
3,354,943
|
|
|
Series 2010G, 5.000%, 7/01/39
|
|
|
|
|
|
District of Columbia – 1.0% (0.6% of Total Investments)
|
|
|
|
|
|
District of Columbia Water and Sewerage Authority, Subordinate Lien Public Utility Revenue
|
|
|
|
|
|
Bonds, Series 2003:
|
|
|
|
5,000
|
|
5.125%, 10/01/24 – FGIC Insured
|
10/13 at 100.00
|
AA–
|
5,270,200
|
5,000
|
|
5.125%, 10/01/25 – FGIC Insured
|
10/13 at 100.00
|
AA–
|
5,236,800
|
2,670
|
|
Washington Convention Center Authority, District of Columbia, Senior Lien Dedicated Tax Revenue
|
10/16 at 100.00
|
AA+
|
2,675,046
|
|
|
Bonds, Series 2007, Residual 1606, 11.736%, 10/01/30 – AMBAC Insured (IF)
|
|
|
|
12,670
|
|
Total District of Columbia
|
|
|
13,182,046
|
|
|
Florida – 25.0% (16.6% of Total Investments)
|
|
|
|
1,250
|
|
Bay County, Florida, Water System Revenue Bonds, Series 2005, 5.000%, 9/01/24 – AMBAC Insured
|
9/15 at 100.00
|
A1
|
1,294,525
|
975
|
|
Broward County Housing Finance Authority, Florida, GNMA Collateralized Multifamily Housing
|
12/11 at 100.00
|
Aaa
|
975,761
|
|
|
Revenue Refunding Bonds, Pompano Oaks Apartments, Series 1997, 6.000%, 12/01/27 (Alternative
|
|
|
|
|
|
Minimum Tax)
|
|
|
|
3,820
|
|
Broward County School Board, Florida, Certificates of Participation, Series 2003, 5.250%,
|
7/13 at 100.00
|
Aa3
|
4,053,287
|
|
|
7/01/19 – NPFG Insured
|
|
|
|
2,150
|
|
Broward County, Florida, Airport System Revenue Bonds, Series 2004L, 5.000%, 10/01/23 –
|
10/14 at 100.00
|
A+
|
2,229,894
|
|
|
AMBAC Insured
|
|
|
|
4,500
|
|
Broward County, Florida, Water and Sewer Utility Revenue Bonds, Series 2003, 5.000%, 10/01/24 –
|
10/13 at 100.00
|
AA
|
4,706,190
|
|
|
NPFG Insured
|
|
|
|
|
|
Clay County, Florida, Uiltity System Revenue Bonds, Series 2007:
|
|
|
|
5,110
|
|
5.000%, 11/01/27 – SYNCORA GTY Insured (UB)
|
11/17 at 100.00
|
AAA
|
5,294,113
|
12,585
|
|
5.000%, 11/01/32 – SYNCORA GTY Insured (UB)
|
11/17 at 100.00
|
AAA
|
12,803,727
|
|
|
Collier County Housing Finance Authority, Florida, Multifamily Housing Revenue Bonds, Saxon
|
|
|
|
|
|
Manor Isles Project, Series 1998B:
|
|
|
|
1,260
|
|
5.350%, 9/01/18 – AGM Insured (Alternative Minimum Tax)
|
9/11 at 100.00
|
AAA
|
1,261,247
|
1,000
|
|
5.400%, 9/01/23 – AGM Insured (Alternative Minimum Tax)
|
9/11 at 100.00
|
AAA
|
1,000,660
|
|
|
Collier County Housing Finance Authority, Florida, Multifamily Housing Revenue Refunding
|
|
|
|
|
|
Bonds, Saxon Manor Isles Project, Series 1998A, Subseries 1:
|
|
|
|
1,040
|
|
5.350%, 9/01/18 – AGM Insured (Alternative Minimum Tax)
|
9/11 at 100.00
|
AAA
|
1,041,030
|
1,400
|
|
5.400%, 9/01/23 – AGM Insured (Alternative Minimum Tax)
|
9/11 at 100.00
|
AAA
|
1,400,924
|
1,500
|
|
Collier County, Florida, Capital Improvement Revenue Bonds, Series 2005, 5.000%, 10/01/23 –
|
10/14 at 100.00
|
AA–
|
1,559,835
|
|
|
NPFG Insured
|
|
|
|
3,000
|
|
Collier County, Florida, Gas Tax Revenue Bonds, Series 2005, 5.000%, 6/01/22 – AMBAC Insured
|
6/15 at 100.00
|
A1
|
3,125,370
|
|
|
Dade County Housing Finance Authority, Florida, Multifamily Mortgage Revenue Bonds, Siesta
|
|
|
|
|
|
Pointe Apartments Project, Series 1997A:
|
|
|
|
1,230
|
|
5.650%, 9/01/17 – AGM Insured (Alternative Minimum Tax)
|
9/11 at 100.00
|
AAA
|
1,231,673
|
1,890
|
|
5.750%, 9/01/29 – AGM Insured (Alternative Minimum Tax)
|
9/11 at 100.00
|
AAA
|
1,890,794
|
1,100
|
|
Dade County, Florida, Seaport Revenue Refunding Bonds, Series 1995, 5.750%, 10/01/15 –
|
10/11 at 100.00
|
A2
|
1,104,741
|
|
|
NPFG Insured
|
|
|
|
|
|
Davie, Florida, Water and Sewerage Revenue Refunding and Improvement Bonds, Series 2003:
|
|
|
|
910
|
|
5.250%, 10/01/17 – AMBAC Insured
|
10/13 at 100.00
|
N/R
|
981,626
|
475
|
|
5.250%, 10/01/18 – AMBAC Insured
|
10/13 at 100.00
|
N/R
|
502,693
|
|
|
Deltona, Florida, Utility Systems Water and Sewer Revenue Bonds, Series 2003:
|
|
|
|
1,250
|
|
5.250%, 10/01/22 – NPFG Insured
|
10/13 at 100.00
|
A1
|
1,286,200
|
1,095
|
|
5.000%, 10/01/23 – NPFG Insured
|
10/13 at 100.00
|
A1
|
1,124,050
|
1,225
|
|
5.000%, 10/01/24 – NPFG Insured
|
10/13 at 100.00
|
A1
|
1,253,506
|
1,555
|
|
DeSoto County, Florida, Capital Improvement Revenue Bonds, Series 2002, 5.250%, 10/01/20
|
4/12 at 101.00
|
A1 (4)
|
1,623,420
|
|
|
(Pre-refunded 4/01/12) – NPFG Insured
|
|
|
|
2,500
|
|
Escambia County School Board, Florida, Certificates of Participation, Series 2004, 5.000%,
|
2/15 at 100.00
|
Baa1
|
2,571,775
|
|
|
2/01/22 – NPFG Insured
|
|
|
|
2,500
|
|
Flagler County School Board, Florida, Certificates of Participation, Master Lease Revenue
|
8/15 at 100.00
|
AA+
|
2,532,100
|
|
|
Program, Series 2005A, 5.000%, 8/01/30 – AGM Insured
|
|
|
|
1,200
|
|
Flagler County, Florida, Capital Improvement Revenue Bonds, Series 2005, 5.000%, 10/01/30 –
|
10/15 at 100.00
|
A
|
1,215,912
|
|
|
NPFG Insured
|
|
|
|
3,945
|
|
Florida Governmental Utility Authority, Utility System Revenue Bonds, Citrus Project, Series
|
10/13 at 100.00
|
N/R (4)
|
4,339,342
|
|
|
2003, 5.000%, 10/01/23 (Pre-refunded 10/01/13) – AMBAC Insured
|
|
|
|
1,000
|
|
Florida Governmental Utility Authority, Utility System Revenue Bonds, Golden Gate Project,
|
1/12 at 100.00
|
N/R
|
907,900
|
|
|
Series 1999, 5.000%, 7/01/29 – AMBAC Insured
|
|
|
|
|
|
Florida Municipal Loan Council, Revenue Bonds, Series 2000B:
|
|
|
|
1,825
|
|
5.375%, 11/01/25 – NPFG Insured
|
11/11 at 100.00
|
A–
|
1,829,015
|
1,840
|
|
5.375%, 11/01/30 – NPFG Insured
|
11/11 at 100.00
|
A–
|
1,842,447
|
1,000
|
|
Florida Municipal Loan Council, Revenue Bonds, Series 2001A, 5.250%, 11/01/18 – NPFG Insured
|
11/11 at 101.00
|
A–
|
1,015,080
|
2,000
|
|
Greater Orlando Aviation Authority, Florida, Airport Facilities Revenue Refunding Bonds,
|
10/13 at 100.00
|
AA+
|
2,143,680
|
|
|
Series 2003A, 5.000%, 10/01/17 – AGM Insured
|
|
|
|
5,200
|
|
Gulf Breeze, Florida, Local Government Loan Program, Remarketed 6-1-2001, Series 1985E,
|
12/11 at 101.00
|
BBB
|
5,246,800
|
|
|
4.750%, 12/01/20 (Mandatory put 12/01/11) – FGIC Insured
|
|
|
|
1,500
|
|
Gulf Breeze, Florida, Local Government Loan Program, Remarketed 7-3-2000, Series 1985E,
|
12/11 at 100.00
|
N/R
|
1,508,175
|
|
|
5.750%, 12/01/20 (Mandatory put 12/01/19) – FGIC Insured
|
|
|
|
1,915
|
|
Halifax Hospital Medical Center, Florida, Revenue Bonds, Series 2006, 5.500%, 6/01/38 –
|
6/18 at 100.00
|
AA+
|
1,937,137
|
|
|
AGM Insured
|
|
|
|
2,500
|
|
Hillsborough County Industrial Development Authority, Florida, Industrial Development Revenue
|
No Opt. Call
|
Aaa
|
3,104,875
|
|
|
Bonds, University Community Hospital, Series 1994, 6.500%, 8/15/19 – NPFG Insured
|
|
|
|
1,000
|
|
Hillsborough County School Board, Florida, Certificates of Participation, Master Lease
|
7/15 at 100.00
|
Aa2
|
1,028,440
|
|
|
Program, Series 2005A, 5.000%, 7/01/26 – NPFG Insured
|
|
|
|
6,000
|
|
Hillsborough County School Board, Florida, Certificates of Participation, Series 2003, 5.000%,
|
7/13 at 100.00
|
Aa2
|
6,057,180
|
|
|
7/01/29 – NPFG Insured
|
|
|
|
2,000
|
|
Hillsborough County, Florida, Community Investment Tax Revenue Bonds, Series 2004, 5.000%,
|
11/13 at 101.00
|
AA
|
2,114,220
|
|
|
5/01/23 – AMBAC Insured
|
|
|
|
1,000
|
|
Hillsborough County, Florida, Revenue Refunding Bonds, Tampa Bay Arena, Series 2005, 5.000%,
|
10/15 at 100.00
|
AA+
|
1,039,500
|
|
|
10/01/25 – FGIC Insured
|
|
|
|
2,595
|
|
Indian River County School Board, Florida, Certificates of Participation, Series 2005, 5.000%,
|
7/15 at 100.00
|
A+
|
2,685,877
|
|
|
7/01/22 – NPFG Insured
|
|
|
|
|
|
Indian Trace Development District, Florida, Water Management Special Benefit Assessment Bonds,
|
|
|
|
|
|
Series 2005:
|
|
|
|
1,645
|
|
5.000%, 5/01/25 – NPFG Insured
|
5/15 at 102.00
|
Baa1
|
1,568,508
|
1,830
|
|
5.000%, 5/01/27 – NPFG Insured
|
5/15 at 102.00
|
Baa1
|
1,705,926
|
4,425
|
|
Jacksonville Economic Development Commission, Florida, Healthcare Facilities Revenue Bonds,
|
11/12 at 100.00
|
Aa2
|
4,459,205
|
|
|
Mayo Clinic, Series 2001C, 5.500%, 11/15/36 – NPFG Insured
|
|
|
|
1,480
|
|
Jacksonville, Florida, Better Jacksonville Sales Tax Revenue Bonds, Series 2003, 5.250%,
|
10/13 at 100.00
|
A1
|
1,581,114
|
|
|
10/01/20 – NPFG Insured
|
|
|
|
1,500
|
|
JEA, Florida, Water and Sewerage System Revenue Bonds, Crossover Refunding Series 2007B,
|
10/14 at 100.00
|
Aa2
|
1,553,235
|
|
|
5.000%, 10/01/24 – NPFG Insured
|
|
|
|
1,000
|
|
JEA, Florida, Water and Sewerage System Revenue Bonds, Series 2004A, 5.000%, 10/01/14 –
|
10/13 at 100.00
|
Aa2
|
1,081,450
|
|
|
FGIC Insured
|
|
|
|
1,450
|
|
Jupiter, Florida, Water Revenue Bonds, Series 2003, 5.000%, 10/01/22 – AMBAC Insured
|
10/13 at 100.00
|
AA+
|
1,539,117
|
|
|
Lakeland, Florida, Utility Tax Revenue Bonds, Series 2003B:
|
|
|
|
1,730
|
|
5.000%, 10/01/18 – AMBAC Insured
|
10/12 at 100.00
|
N/R
|
1,759,912
|
2,000
|
|
5.000%, 10/01/19 – AMBAC Insured
|
10/12 at 100.00
|
N/R
|
2,027,800
|
1,230
|
|
Lee County, Florida, Local Option Gas Tax Revenue Bonds, Series 2004, 5.000%, 10/01/20 –
|
10/14 at 100.00
|
A2
|
1,274,219
|
|
|
FGIC Insured
|
|
|
|
1,505
|
|
Lee County, Florida, Transportation Facilities Revenue Bonds, Series 2004B, 5.000%, 10/01/21 –
|
10/14 at 100.00
|
A–
|
1,556,275
|
|
|
AMBAC Insured
|
|
|
|
1,000
|
|
Lee Memorial Health System, Florida, Hospital Revenue Bonds, Series 2007A, 5.000%, 4/01/32 –
|
4/17 at 100.00
|
A
|
921,240
|
|
|
NPFG Insured
|
|
|
|
3,000
|
|
Leesburg, Florida, Utility Revenue Bonds, Series 2007, 5.000%, 10/01/37 – NPFG Insured
|
10/17 at 100.00
|
Aa3
|
2,975,970
|
2,000
|
|
Manatee County, Florida, Public Utilities Revenue Bonds, Series 2003, 5.125%, 10/01/20 –
|
10/13 at 100.00
|
Aa2
|
2,146,540
|
|
|
NPFG Insured
|
|
|
|
|
|
Marco Island, Florida, Water Utility System Revenue Bonds, Series 2003:
|
|
|
|
1,350
|
|
5.250%, 10/01/17 – NPFG Insured
|
10/13 at 100.00
|
Aa3
|
1,471,433
|
1,000
|
|
5.250%, 10/01/18 – NPFG Insured
|
10/13 at 100.00
|
Aa3
|
1,075,920
|
2,000
|
|
5.000%, 10/01/27 – NPFG Insured
|
10/13 at 100.00
|
Aa3
|
2,027,160
|
2,200
|
|
Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2002A,
|
10/12 at 100.00
|
AA+
|
2,063,710
|
|
|
5.125%, 10/01/35 – AGM Insured (Alternative Minimum Tax)
|
|
|
|
|
|
Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2002:
|
|
|
|
5,615
|
|
5.750%, 10/01/19 – FGIC Insured (Alternative Minimum Tax)
|
10/12 at 100.00
|
A2
|
5,781,878
|
35,920
|
|
5.375%, 10/01/32 – FGIC Insured (Alternative Minimum Tax)
|
10/12 at 100.00
|
A2
|
34,995,778
|
12,930
|
|
Miami-Dade County, Florida, Public Facilities Revenue Bonds, Jackson Health System, Series
|
12/15 at 100.00
|
Aa3
|
12,411,766
|
|
|
2005A, 5.000%, 6/01/32 – NPFG Insured
|
|
|
|
5,320
|
|
Miami-Dade County, Florida, Public Facilities Revenue Bonds, Jackson Health System, Series
|
6/15 at 100.00
|
Aa3
|
5,319,096
|
|
|
2005B, 5.000%, 6/01/25 – NPFG Insured
|
|
|
|
18,000
|
|
Miami-Dade County, Florida, Subordinate Special Obligation Bonds, Series 1997A, 0.000%,
|
10/11 at 59.36
|
A2
|
10,096,920
|
|
|
10/01/21 – NPFG Insured
|
|
|
|
3,000
|
|
Miami-Dade County, Florida, Transit System Sales Surtax Revenue Bonds, Series 2008, 5.000%,
|
7/18 at 100.00
|
AA+
|
3,014,700
|
|
|
7/01/35 – AGM Insured
|
|
|
|
2,000
|
|
Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Refunding Series 2008B,
|
No Opt. Call
|
AA+
|
2,324,260
|
|
|
5.250%, 10/01/22 – AGM Insured
|
|
|
|
|
|
Northern Palm Beach County Improvement District, Florida, Revenue Bonds, Water Control and
|
|
|
|
|
|
Improvement Development Unit 9B, Series 2005:
|
|
|
|
1,290
|
|
5.000%, 8/01/23 – NPFG Insured
|
8/15 at 102.00
|
Baa1
|
1,313,955
|
2,145
|
|
5.000%, 8/01/29 – NPFG Insured
|
8/15 at 102.00
|
Baa1
|
2,136,163
|
2,000
|
|
Okaloosa County, Florida, Water and Sewer Revenue Bonds, Series 2006, 5.000%, 7/01/36 –
|
7/16 at 100.00
|
AA+
|
2,019,460
|
|
|
AGM Insured
|
|
|
|
1,000
|
|
Orange County School Board, Florida, Certificates of Participation, Series 2007A, 5.000%,
|
8/17 at 100.00
|
AA–
|
1,028,440
|
|
|
8/01/27 – FGIC Insured
|
|
|
|
3,180
|
|
Orange County, Florida, Sales Tax Revenue Bonds, Series 2002B, 5.125%, 1/01/19 – FGIC Insured
|
1/13 at 100.00
|
AA
|
3,337,887
|
2,500
|
|
Orange County, Florida, Tourist Development Tax Revenue Bonds, Series 2006, 5.000%, 10/01/31 –
|
10/16 at 100.00
|
A+
|
2,506,025
|
|
|
SYNCORA GTY Insured
|
|
|
|
|
|
Osceola County, Florida, Transportation Revenue Bonds, Osceola Parkway, Series 2004:
|
|
|
|
2,500
|
|
5.000%, 4/01/21 – NPFG Insured
|
4/14 at 100.00
|
Aa3
|
2,596,250
|
7,820
|
|
5.000%, 4/01/23 – NPFG Insured
|
4/14 at 100.00
|
Aa3
|
8,044,512
|
1,750
|
|
Palm Bay, Florida, Utility System Revenue Bonds, Palm Bay Utility Corporation, Series 2003,
|
10/13 at 100.00
|
Aa3
|
1,797,898
|
|
|
5.000%, 10/01/20 – NPFG Insured
|
|
|
|
1,065
|
|
Palm Beach County Housing Finance Authority, Florida, Multifamily Housing Revenue Bonds,
|
7/12 at 100.00
|
AA+
|
1,071,198
|
|
|
Westlake Apartments Phase II, Series 2002, 5.150%, 7/01/22 – AGM Insured (Alternative
|
|
|
|
|
|
Minimum Tax)
|
|
|
|
2,150
|
|
Palm Beach County School Board, Florida, Certificates of Participation, Series 2004A, 5.000%,
|
8/14 at 100.00
|
AA–
|
2,201,127
|
|
|
8/01/24 – FGIC Insured
|
|
|
|
3,000
|
|
Palm Beach County School Board, Florida, Certificates of Participation, Series 2007E, 5.000%,
|
8/17 at 100.00
|
AA–
|
3,075,780
|
|
|
8/01/27 – NPFG Insured
|
|
|
|
8,000
|
|
Palm Beach County Solid Waste Authority, Florida, Revenue Bonds, Series 2002B, 0.000%,
|
No Opt. Call
|
AA
|
7,511,760
|
|
|
10/01/14 – AMBAC Insured
|
|
|
|
|
|
Palm Coast, Florida, Water Utility System Revenue Bonds, Series 2003:
|
|
|
|
1,000
|
|
5.250%, 10/01/19 – NPFG Insured
|
10/13 at 100.00
|
Aa3
|
1,071,040
|
500
|
|
5.250%, 10/01/20 – NPFG Insured
|
10/13 at 100.00
|
Aa3
|
535,520
|
500
|
|
5.250%, 10/01/21 – NPFG Insured
|
10/13 at 100.00
|
Aa3
|
535,275
|
3,000
|
|
Pasco County, Florida, Water and Sewer Revenue Bonds, Series 2006 Refunding, 5.000%,
|
4/16 at 100.00
|
AA+
|
3,034,020
|
|
|
10/01/36 – AGM Insured
|
|
|
|
|
|
Plantation, Florida, Non-Ad Valorem Revenue Refunding and Improvement Bonds, Series 2003:
|
|
|
|
2,225
|
|
5.000%, 8/15/18 – AGM Insured
|
8/13 at 100.00
|
Aa3
|
2,309,127
|
1,300
|
|
5.000%, 8/15/21 – AGM Insured
|
8/13 at 100.00
|
Aa3
|
1,329,536
|
1,170
|
|
Polk County, Florida, Utility System Revenue Bonds, Series 2004A, 5.000%, 10/01/24 –
|
10/14 at 100.00
|
Aa3
|
1,202,713
|
|
|
FGIC Insured
|
|
|
|
1,000
|
|
Port Saint Lucie, Florida, Special Assessment Revenue Bonds, Southwest Annexation District 1B,
|
7/17 at 100.00
|
Baa1
|
859,290
|
|
|
Series 2007, 5.000%, 7/01/33 – NPFG Insured
|
|
|
|
|
|
Port St. Lucie, Florida, Stormwater Utility System Revenue Refunding Bonds, Series 2002:
|
|
|
|
1,190
|
|
5.250%, 5/01/15 (Pre-refunded 5/01/12) – NPFG Insured
|
5/12 at 100.00
|
Aa3 (4)
|
1,235,339
|
1,980
|
|
5.250%, 5/01/17 (Pre-refunded 5/01/12) – NPFG Insured
|
5/12 at 100.00
|
Aa3 (4)
|
2,055,438
|
|
|
Port St. Lucie, Florida, Utility System Revenue Bonds, Refunding Series 2009:
|
|
|
|
8,500
|
|
5.000%, 9/01/35 – AGC Insured
|
9/18 at 100.00
|
AA+
|
8,608,375
|
5,450
|
|
5.250%, 9/01/35 – AGC Insured
|
9/18 at 100.00
|
AA+
|
5,580,855
|
10,000
|
|
Port St. Lucie, Florida, Utility System Revenue Bonds, Series 2001, 0.000%, 9/01/29
|
9/11 at 34.97
|
AA– (4)
|
3,496,000
|
|
|
(Pre-refunded 9/01/11) – NPFG Insured
|
|
|
|
1,830
|
|
Port St. Lucie, Florida, Utility System Revenue Bonds, Series 2003, 5.000%, 9/01/21
|
9/13 at 100.00
|
BBB (4)
|
2,006,467
|
|
|
(Pre-refunded 9/01/13) – NPFG Insured
|
|
|
|
1,000
|
|
Port St. Lucie, Florida, Utility System Revenue Bonds, Series 2004, 5.000%, 9/01/21 –
|
9/14 at 100.00
|
Aa3
|
1,046,570
|
|
|
NPFG Insured
|
|
|
|
1,895
|
|
Reedy Creek Improvement District, Orange and Osceola Counties, Florida, General Obligation
|
6/15 at 100.00
|
Aa3
|
1,960,017
|
|
|
Bonds, Series 2005B, 5.000%, 6/01/25 – AMBAC Insured
|
|
|
|
|
|
Sebring, Florida, Water and Wastewater Revenue Refunding Bonds, Series 2002:
|
|
|
|
1,360
|
|
5.250%, 1/01/17 – FGIC Insured
|
1/13 at 100.00
|
BBB
|
1,432,869
|
770
|
|
5.250%, 1/01/18 – FGIC Insured
|
1/13 at 100.00
|
BBB
|
806,567
|
500
|
|
5.250%, 1/01/20 – FGIC Insured
|
1/13 at 100.00
|
BBB
|
523,745
|
5,740
|
|
Seminole County, Florida, Water and Sewer Revenue Refunding and Improvement Bonds, Series
|
No Opt. Call
|
Baa1 (4)
|
6,903,441
|
|
|
1992, 6.000%, 10/01/19 – NPFG Insured (ETM)
|
|
|
|
3,530
|
|
Seminole County, Florida, Water and Sewer Revenue Refunding and Improvement Bonds, Series
|
No Opt. Call
|
Baa1
|
3,924,936
|
|
|
1992, 6.000%, 10/01/19 – NPFG Insured
|
|
|
|
4,260
|
|
St. Lucie County School Board, Florida, Certificates of Participation, Master Lease Program,
|
7/14 at 100.00
|
AA+
|
4,353,251
|
|
|
Series 2004A, 5.000%, 7/01/24 – AGM Insured
|
|
|
|
|
|
St. Lucie County, Florida, Utility System Revenue Refunding Bonds, Series 1993:
|
|
|
|
5,000
|
|
5.500%, 10/01/15 – FGIC Insured (ETM)
|
No Opt. Call
|
N/R (4)
|
5,560,800
|
1,200
|
|
5.500%, 10/01/21 – FGIC Insured (ETM)
|
No Opt. Call
|
N/R (4)
|
1,474,524
|
|
|
St. Petersburg, Florida, Sales Tax Revenue Bonds, Professional Sports Facility, Series 2003:
|
|
|
|
1,475
|
|
5.125%, 10/01/20 – AGM Insured
|
10/13 at 100.00
|
Aa3
|
1,586,363
|
1,555
|
|
5.125%, 10/01/21 – AGM Insured
|
10/13 at 100.00
|
Aa3
|
1,672,403
|
2,500
|
|
Tallahassee, Florida, Energy System Revenue Bonds, Series 2005, 5.000%, 10/01/29 – NPFG Insured
|
10/15 at 100.00
|
AA
|
2,559,800
|
1,245
|
|
Tamarac, Florida, Sales Tax Revenue Bonds, Series 2002, 5.000%, 4/01/22 (Pre-refunded 4/01/12) –
|
4/12 at 100.00
|
A+ (4)
|
1,285,512
|
|
|
FGIC Insured
|
|
|
|
400
|
|
Tamarac, Florida, Utility System Revenue Bonds, Series 2009, 5.000%, 10/01/39 – AGC Insured
|
10/19 at 100.00
|
AA+
|
410,496
|
1,500
|
|
Tampa, Florida, Healthcare System Revenue Bonds, Allegany Health System – St. Joseph’s
|
10/11 at 100.00
|
Aaa
|
1,521,060
|
|
|
Hospital, Series 1993, 5.125%, 12/01/23 – NPFG Insured (ETM)
|
|
|
|
10,335
|
|
Tampa, Florida, Revenue Bonds, University of Tampa, Series 2006, 5.000%, 4/01/35 – CIFG Insured
|
4/16 at 100.00
|
N/R
|
9,444,330
|
1,390
|
|
Venice, Florida, General Obligation Bonds, Series 2004, 5.000%, 2/01/24 – AMBAC Insured
|
2/14 at 100.00
|
Aa2
|
1,430,852
|
4,275
|
|
Volusia County School Board, Florida, Certificates of Participation, Series 2005B, 5.000%,
|
8/15 at 100.00
|
Aa3
|
4,360,372
|
|
|
8/01/24 – AGM Insured
|
|
|
|
2,000
|
|
Volusia County, Florida, Gas Tax Revenue Bonds, Series 2004, 5.000%, 10/01/21 – AGM Insured
|
10/14 at 100.00
|
AA+
|
2,083,620
|
12,000
|
|
Volusia County, Florida, School Board Certificates of Participation, Master Lease Program
|
8/17 at 100.00
|
Aa3
|
11,838,720
|
|
|
Series 2007, 5.000%, 8/01/32 – AGM Insured
|
|
|
|
1,785
|
|
Volusia County, Florida, Tax Revenue Bonds, Tourist Development, Series 2004, 5.000%, 12/01/24 –
|
12/14 at 100.00
|
Aa3
|
1,840,174
|
|
|
AGM Insured
|
|
|
|
350,730
|
|
Total Florida
|
|
|
342,117,725
|
|
|
Georgia – 1.9% (1.3% of Total Investments)
|
|
|
|
1,000
|
|
Atlanta, Georgia, Water and Wastewater Revenue Bonds, Series 2004, 5.000%, 11/01/22 –
|
11/14 at 100.00
|
AA+
|
1,043,470
|
|
|
AGM Insured
|
|
|
|
10,000
|
|
Atlanta, Georgia, Water and Wastewater Revenue Bonds, Series 2009B, 5.375%, 11/01/39 –
|
11/19 at 100.00
|
AA+
|
10,274,100
|
|
|
AGM Insured
|
|
|
|
2,825
|
|
Cherokee County Water and Sewerage Authority, Georgia, Revenue Bonds, Refunding Series 2007,
|
8/20 at 100.00
|
AA
|
2,847,346
|
|
|
4.000%, 8/01/26
|
|
|
|
1,520
|
|
College Park Business and Industrial Development Authority, Georgia, Revenue Bonds, Public
|
9/14 at 102.00
|
AA–
|
1,657,894
|
|
|
Safety Project, Series 2004, 5.250%, 9/01/23 – NPFG Insured
|
|
|
|
|
|
Fulton County Development Authority, Georgia, Revenue Bonds, Georgia Tech Molecular Science
|
|
|
|
|
|
Building, Series 2004:
|
|
|
|
1,695
|
|
5.250%, 5/01/19 – NPFG Insured
|
5/14 at 100.00
|
Aa3
|
1,841,973
|
1,135
|
|
5.250%, 5/01/20 – NPFG Insured
|
5/14 at 100.00
|
Aa3
|
1,233,416
|
4,500
|
|
5.000%, 5/01/36 – NPFG Insured
|
5/14 at 100.00
|
Aa3
|
4,503,645
|
660
|
|
Glynn-Brunswick Memorial Hospital Authority, Georgia, Revenue Bonds, Southeast Georgia Health
|
10/11 at 100.00
|
A–
|
661,894
|
|
|
Systems, Series 1996, 5.250%, 8/01/13 – NPFG Insured
|
|
|
|
2,250
|
|
Gwinnett County Hospital Authority, Georgia, Revenue Anticipation Certificates, Gwinnett
|
7/19 at 100.00
|
Aa3
|
2,254,185
|
|
|
Hospital System Inc. Project, Series 2007C, 5.500%, 7/01/39 – AGM Insured
|
|
|
|
25,585
|
|
Total Georgia
|
|
|
26,317,923
|
|
|
Idaho – 0.2% (0.1% of Total Investments)
|
|
|
|
5
|
|
Idaho Housing Agency, Single Family Mortgage Senior Bonds, Series 1994B-1, 6.750%, 7/01/22
|
No Opt. Call
|
Aaa
|
5,239
|
5
|
|
Idaho Housing Agency, Single Family Mortgage Senior Bonds, Series 1994B-2, 6.900%, 7/01/26
|
No Opt. Call
|
Aaa
|
5,083
|
|
|
(Alternative Minimum Tax)
|
|
|
|
100
|
|
Idaho Housing Agency, Single Family Mortgage Senior Bonds, Series 1995B, 6.600%, 7/01/27
|
1/12 at 100.00
|
Aaa
|
100,541
|
|
|
(Alternative Minimum Tax)
|
|
|
|
|
|
Idaho Housing and Finance Association, Grant and Revenue Anticipation Bonds, Federal Highway
|
|
|
|
|
|
Trust Funds, Series 2006:
|
|
|
|
1,000
|
|
5.000%, 7/15/23 – NPFG Insured
|
7/16 at 100.00
|
Aa2
|
1,065,510
|
1,065
|
|
5.000%, 7/15/24 – NPFG Insured
|
7/16 at 100.00
|
Aa2
|
1,124,885
|
2,175
|
|
Total Idaho
|
|
|
2,301,258
|
|
|
Illinois – 6.9% (4.6% of Total Investments)
|
|
|
|
1,050
|
|
Bedford Park, Illinois, General Obligation Bonds, Series 2004A, 5.250%, 12/15/20 – AGM Insured
|
12/14 at 100.00
|
AA+
|
1,154,759
|
7,000
|
|
Chicago, Illinois, General Airport Revenue Bonds, O’Hare International Airport, Third Lien
|
No Opt. Call
|
AA+
|
7,130,830
|
|
|
Refunding Series 2010C, 5.250%, 1/01/35 – AGC Insured
|
|
|
|
7,200
|
|
Chicago, Illinois, Third Lien General Airport Revenue Bonds, O’Hare International Airport,
|
1/16 at 100.00
|
A1
|
7,497,576
|
|
|
Series 2005A, 5.250%, 1/01/24 – NPFG Insured
|
|
|
|
7,025
|
|
De Witt, Ford, Livingston, Logan, Mc Lean and Tazewell Community College District 540,
|
12/17 at 100.00
|
Aa2
|
5,766,963
|
|
|
Illinois, General Obligation Bonds, Series 2007, 3.000%, 12/01/26 – AGM Insured
|
|
|
|
10,330
|
|
Illinois Development Finance Authority, Revenue Bonds, Provena Health, Series 1998A, 5.500%,
|
11/11 at 100.00
|
Baa1
|
10,334,235
|
|
|
5/15/21 – NPFG Insured
|
|
|
|
3,295
|
|
Illinois Educational Facilities Authority, Revenue Bonds, Robert Morris College, Series 2000,
|
12/11 at 100.00
|
Baa1
|
3,295,494
|
|
|
5.800%, 6/01/30 – NPFG Insured
|
|
|
|
6,720
|
|
Illinois Finance Authority, Revenue Bonds, The Carle Foundation, Series 2011A, 6.000%, 8/15/41 –
|
8/21 at 100.00
|
AA+
|
6,921,533
|
|
|
AGM Insured
|
|
|
|
22,610
|
|
Illinois, General Obligation Bonds, Illinois FIRST Program, Series 2002, 5.125%, 2/01/27 –
|
2/12 at 100.00
|
A+
|
22,636,228
|
|
|
FGIC Insured
|
|
|
|
20,000
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
No Opt. Call
|
AAA
|
2,351,200
|
|
|
Project, Capital Appreciation Refunding Series 2010B-1, 0.000%, 6/15/45 – AGM Insured
|
|
|
|
20,045
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
No Opt. Call
|
AAA
|
4,513,934
|
|
|
Project, Series 2002A, 0.000%, 12/15/35 – NPFG Insured
|
|
|
|
5,920
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
6/20 at 100.00
|
AAA
|
4,567,162
|
|
|
Project, Series 2010B-1, 13.657%, 6/15/42 (IF), (5)
|
|
|
|
|
|
Schaumburg, Illinois, General Obligation Bonds, Series 2004B:
|
|
|
|
4,260
|
|
5.000%, 12/01/22 – FGIC Insured
|
12/14 at 100.00
|
Aaa
|
4,612,941
|
2,365
|
|
5.000%, 12/01/23 – FGIC Insured
|
12/14 at 100.00
|
Aaa
|
2,555,075
|
4,000
|
|
Southwestern Illinois Development Authority, School Revenue Bonds, Triad School District 2,
|
No Opt. Call
|
A+
|
1,712,840
|
|
|
Madison County, Illinois, Series 2006, 0.000%, 10/01/25 – NPFG Insured
|
|
|
|
|
|
Williamson & Johnson Counties Community Unit School District 2, Marion, Illinois, General
|
|
|
|
|
|
Obligation Bonds, Series 2011:
|
|
|
|
930
|
|
7.000%, 12/01/21 – AGM Insured
|
12/20 at 100.00
|
AA+
|
1,105,928
|
1,035
|
|
7.000%, 12/01/22 – AGM Insured
|
12/20 at 100.00
|
AA+
|
1,197,919
|
1,155
|
|
7.000%, 12/01/23 – AGM Insured
|
12/20 at 100.00
|
AA+
|
1,323,919
|
1,065
|
|
7.000%, 12/01/26 – AGM Insured
|
12/20 at 100.00
|
AA+
|
1,202,353
|
2,085
|
|
7.250%, 12/01/29 – AGM Insured
|
12/20 at 100.00
|
AA+
|
2,352,234
|
2,295
|
|
7.250%, 12/01/30 – AGM Insured
|
12/20 at 100.00
|
AA+
|
2,575,220
|
130,385
|
|
Total Illinois
|
|
|
94,808,343
|
|
|
Indiana – 4.6% (3.1% of Total Investments)
|
|
|
|
2,030
|
|
Decatur Township-Marion County Multi-School Building Corporation, Indiana, First Mortgage
|
7/13 at 100.00
|
AA+ (4)
|
2,207,584
|
|
|
Bonds, Series 2003, 5.000%, 7/15/20 (Pre-refunded 7/15/13) – FGIC Insured
|
|
|
|
5,000
|
|
Indiana Finance Authority, Revenue Bonds, Trinity Health Care Group, Refunding Series 2010B.,
|
12/20 at 100.00
|
AA
|
4,949,100
|
|
|
5.000%, 12/01/37
|
|
|
|
8,000
|
|
Indiana Municipal Power Agency, Power Supply Revenue Bonds, Series 2007A, 5.000%, 1/01/42 –
|
1/17 at 100.00
|
A+
|
7,956,320
|
|
|
NPFG Insured
|
|
|
|
5,000
|
|
Indianapolis Local Public Improvement Bond Bank Bonds, Indiana, PILOT Infrastructure Project
|
No Opt. Call
|
AA+
|
5,084,000
|
|
|
Revenue Bonds, Series 2010F, 5.000%, 1/01/35 – AGM Insured
|
|
|
|
20,000
|
|
Indianapolis Local Public Improvement Bond Bank, Indiana, Series 1999E, 0.000%, 2/01/28 –
|
No Opt. Call
|
AA
|
8,640,400
|
|
|
AMBAC Insured
|
|
|
|
9,615
|
|
Indianapolis Local Public Improvement Bond Bank, Indiana, Waterworks Project Series 2009A,
|
1/19 at 100.00
|
AA+
|
10,070,463
|
|
|
5.500%, 1/01/38 – AGC Insured
|
|
|
|
3,250
|
|
Indianapolis Local Public Improvement Bond Bank, Indiana, Waterworks Project, Series 2002A,
|
7/12 at 100.00
|
AAA
|
3,400,995
|
|
|
5.250%, 7/01/33 (Pre-refunded 7/01/12) – NPFG Insured
|
|
|
|
1,340
|
|
Monroe-Gregg Grade School Building Corporation, Morgan County, Indiana, First Mortgage Bonds,
|
1/14 at 100.00
|
AA+ (4)
|
1,486,958
|
|
|
Series 2004, 5.000%, 1/15/25 (Pre-refunded 1/15/14) – AGM Insured
|
|
|
|
5,000
|
|
Noblesville Redevelopment Authority, Indiana, Economic Development Lease Rental Bonds, Exit 10
|
7/13 at 100.00
|
AA–
|
5,052,400
|
|
|
Project, Series 2003, 5.000%, 1/15/28 – AMBAC Insured
|
|
|
|
10,000
|
|
Purdue University, Indiana, Student Fee Bonds, Series 2002O, 5.000%, 7/01/19 (Pre-refunded
|
1/12 at 100.00
|
Aaa
|
10,205,300
|
|
|
1/01/12) – NPFG Insured
|
|
|
|
3,705
|
|
Whitley County Middle School Building Corporation, Columbia City, Indiana, First Mortgage
|
7/13 at 100.00
|
Aa3 (4)
|
4,042,081
|
|
|
Bonds, Series 2003, 5.000%, 7/15/16 (Pre-refunded 7/15/13) – AGM Insured
|
|
|
|
72,940
|
|
Total Indiana
|
|
|
63,095,601
|
|
|
Kansas – 0.7% (0.4% of Total Investments)
|
|
|
|
2,055
|
|
Kansas Turnpike Authority, Revenue Bonds, Series 2004A-2, 5.000%, 9/01/23 – AGM Insured
|
9/14 at 101.00
|
AA+
|
2,187,301
|
|
|
Neosho County Unified School District 413, Kansas, General Obligation Bonds, Series 2006:
|
|
|
|
2,145
|
|
5.000%, 9/01/27 – AGM Insured
|
9/14 at 100.00
|
Aa3
|
2,194,464
|
4,835
|
|
5.000%, 9/01/29 – AGM Insured
|
9/14 at 100.00
|
Aa3
|
4,914,246
|
9,035
|
|
Total Kansas
|
|
|
9,296,011
|
|
|
Kentucky – 3.0% (2.0% of Total Investments)
|
|
|
|
3,870
|
|
Kenton County School District Finance Corporation, Kentucky, School Building Revenue Bonds,
|
6/14 at 100.00
|
Aa3
|
4,180,955
|
|
|
Series 2004, 5.000%, 6/01/20 – NPFG Insured
|
|
|
|
|
|
Kentucky State Property and Buildings Commission, Revenue Bonds, Project 93, Refunding
|
|
|
|
|
|
Series 2009:
|
|
|
|
3,860
|
|
5.250%, 2/01/20 – AGC Insured
|
2/19 at 100.00
|
AA+
|
4,429,736
|
10,000
|
|
5.250%, 2/01/24 – AGC Insured
|
2/19 at 100.00
|
AA+
|
10,988,500
|
7,500
|
|
Kentucky Turnpike Authority, Economic Development Road Revenue Bonds, Revitalization Project,
|
7/16 at 100.00
|
AA+
|
7,863,300
|
|
|
Series 2006B, 5.000%, 7/01/25 – AMBAC Insured
|
|
|
|
12,980
|
|
Louisville and Jefferson County Metropolitan Sewer District, Kentucky, Sewer and Drainage
|
11/11 at 101.00
|
AA–
|
13,242,715
|
|
|
System Revenue Bonds, Series 2001A, 5.500%, 5/15/34 – NPFG Insured
|
|
|
|
38,210
|
|
Total Kentucky
|
|
|
40,705,206
|
|
|
Louisiana – 4.6% (3.1% of Total Investments)
|
|
|
|
5,000
|
|
DeSoto Parish, Louisiana, Pollution Control Revenue Refunding Bonds, Cleco Utility Group Inc.
|
9/11 at 100.00
|
BBB
|
5,001,350
|
|
|
Project, Series 1999, 5.875%, 9/01/29 – AMBAC Insured
|
|
|
|
3,025
|
|
Lafayette City and Parish, Louisiana, Utilities Revenue Bonds, Series 2004, 5.250%, 11/01/22 –
|
11/14 at 100.00
|
A+
|
3,293,318
|
|
|
NPFG Insured
|
|
|
|
4,525
|
|
Louisiana Public Facilities Authority, Revenue Bonds, Baton Rouge General Hospital, Series
|
7/14 at 100.00
|
Baa1
|
4,695,185
|
|
|
2004, 5.250%, 7/01/24 – NPFG Insured
|
|
|
|
|
|
Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Series 2005A:
|
|
|
|
2,400
|
|
5.000%, 5/01/25 – FGIC Insured
|
5/15 at 100.00
|
Aa1
|
2,514,168
|
4,415
|
|
5.000%, 5/01/26 – FGIC Insured
|
5/15 at 100.00
|
Aa1
|
4,610,320
|
5,000
|
|
5.000%, 5/01/27 – FGIC Insured
|
5/15 at 100.00
|
Aa1
|
5,201,650
|
|
|
Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Series 2006A:
|
|
|
|
3,300
|
|
4.750%, 5/01/39 – AGM Insured (UB)
|
5/16 at 100.00
|
AA+
|
3,262,116
|
35,725
|
|
4.500%, 5/01/41 – FGIC Insured (UB)
|
5/16 at 100.00
|
Aa1
|
34,279,924
|
38
|
|
Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Series 2006, Residuals 660-1, 15.955%,
|
5/16 at 100.00
|
Aa1
|
32,131
|
|
|
5/01/34 – FGIC Insured (IF)
|
|
|
|
63,428
|
|
Total Louisiana
|
|
|
62,890,162
|
|
|
Maine – 0.2% (0.2% of Total Investments)
|
|
|
|
3,000
|
|
Maine Health and Higher Educational Facilities Authority, Revenue Bonds, Series 2003B, 5.000%,
|
7/13 at 100.00
|
Aaa
|
3,237,750
|
|
|
7/01/28 (Pre-refunded 7/01/13) – AGM Insured
|
|
|
|
|
|
Maryland – 0.3% (0.2% of Total Investments)
|
|
|
|
5,345
|
|
Baltimore, Maryland, Senior Lien Convention Center Hotel Revenue Bonds, Series 2006A, 5.250%,
|
9/16 at 100.00
|
Baa3
|
4,721,666
|
|
|
9/01/28 – SYNCORA GTY Insured
|
|
|
|
|
|
Massachusetts – 5.2% (3.5% of Total Investments)
|
|
|
|
4,500
|
|
Massachusetts Department of Transportation, Metropolitan Highway System Revenue Bonds,
|
1/20 at 100.00
|
AA
|
4,664,115
|
|
|
Commonwealth Contract Assistance Secured, Refunding Series 2010B, 5.000%, 1/01/35
|
|
|
|
22,500
|
|
Massachusetts Development Finance Authority, Revenue Bonds, WGBH Educational Foundation,
|
1/12 at 101.00
|
A (4)
|
23,188,050
|
|
|
Series 2002A, 5.375%, 1/01/42 (Pre-refunded 1/01/12) – AMBAC Insured
|
|
|
|
5,330
|
|
Massachusetts Health and Educational Facilities Authority, Revenue Bonds, Harvard University,
|
12/19 at 100.00
|
AAA
|
6,358,690
|
|
|
Tender Option Bond Trust 2010-20W, 13.598%, 12/15/34 (IF), (5)
|
|
|
|
11,000
|
|
Massachusetts School Building Authority, Dedicated Sales Tax Revenue Bonds, Series 2005A,
|
8/15 at 100.00
|
AA+
|
11,924,880
|
|
|
5.000%, 8/15/23 – AGM Insured (UB)
|
|
|
|
15,000
|
|
Massachusetts State, Special Obligation Dedicated Tax Revenue Bonds, Series 2004, 5.250%,
|
1/14 at 100.00
|
A1 (4)
|
16,626,750
|
|
|
1/01/23 (Pre-refunded 1/01/14) – FGIC Insured
|
|
|
|
7,255
|
|
Massachusetts Water Resources Authority, General Revenue Bonds, Series 2007A, 4.500%,
|
2/17 at 100.00
|
AA+
|
6,885,358
|
|
|
8/01/46 – AGM Insured (UB), (5)
|
|
|
|
1,500
|
|
University of Massachusetts Building Authority, Senior Lien Project Revenue Bonds,
|
11/14 at 100.00
|
A+ (4)
|
1,729,395
|
|
|
Series 2004-1, 5.375%, 11/01/20 (Pre-refunded 11/01/14) – AMBAC Insured
|
|
|
|
67,085
|
|
Total Massachusetts
|
|
|
71,377,238
|
|
|
Michigan – 2.2% (1.5% of Total Investments)
|
|
|
|
5,490
|
|
Detroit City School District, Wayne County, Michigan, Unlimited Tax School Building and Site
|
No Opt. Call
|
AA+
|
5,801,942
|
|
|
Improvement Bonds, Series 2001A, 6.000%, 5/01/29 – AGM Insured (UB)
|
|
|
|
6,000
|
|
Detroit, Michigan, General Obligation Bonds, Series 2001A-1, 5.375%, 4/01/18 – NPFG Insured
|
10/11 at 100.00
|
Baa1
|
5,860,020
|
7,420
|
|
Detroit, Michigan, Senior Lien Water Supply System Revenue Bonds, Series 1997A, 5.000%,
|
10/11 at 100.00
|
A+
|
7,166,830
|
|
|
7/01/27 – NPFG Insured
|
|
|
|
1,085
|
|
Grand Rapids Community College, Kent County, Michigan, General Obligation Refunding Bonds,
|
5/13 at 100.00
|
Aa1
|
1,157,890
|
|
|
Series 2003, 5.250%, 5/01/20 – AMBAC Insured
|
|
|
|
10,000
|
|
Wayne County, Michigan, Limited Tax General Obligation Airport Hotel Revenue Bonds, Detroit
|
12/11 at 101.00
|
BBB+
|
10,014,000
|
|
|
Metropolitan Wayne County Airport, Series 2001A, 5.250%, 12/01/25 – NPFG Insured
|
|
|
|
29,995
|
|
Total Michigan
|
|
|
30,000,682
|
|
|
Minnesota – 2.1% (1.4% of Total Investments)
|
|
|
|
5,000
|
|
Minneapolis, Minnesota, Health Care System Revenue Bonds,S Fairview Health Services, Series
|
11/18 at 100.00
|
AA+
|
5,454,850
|
|
|
2008B, 6.500%, 11/15/38 – AGC Insured
|
|
|
|
5,000
|
|
Minnesota State, General Obligation Bonds, Various Purpose, Refunding Series 2010D,
|
No Opt. Call
|
AAA
|
6,020,200
|
|
|
5.000%, 8/01/18
|
|
|
|
4,000
|
|
Northern Municipal Power Agency, Minnesota, Electric System Revenue Bonds, Refunding Series
|
No Opt. Call
|
AA+
|
4,501,640
|
|
|
2009A, 5.000%, 1/01/15 – AGC Insured
|
|
|
|
12,895
|
|
Saint Paul Housing and Redevelopment Authority, Minnesota, Multifamily Housing Revenue Bonds,
|
12/11 at 102.00
|
N/R (4)
|
13,466,249
|
|
|
Marian Center Project, Series 2001A, 6.450%, 6/20/43 (Pre-refunded 12/20/11)
|
|
|
|
26,895
|
|
Total Minnesota
|
|
|
29,442,939
|
|
|
Montana – 0.2% (0.1% of Total Investments)
|
|
|
|
3,000
|
|
Montana Facility Finance Authority, Hospital Revenue Bonds, Benefis Health System Obligated
|
1/21 at 100.00
|
AA+
|
3,184,650
|
|
|
Group, Series 2011A, 5.750%, 1/01/31 – AGM Insured
|
|
|
|
|
|
Nebraska – 2.4% (1.6% of Total Investments)
|
|
|
|
27,125
|
|
Lincoln, Nebraska, Electric System Revenue Bonds, Series 2007A, 4.500%, 9/01/37 – FGIC
|
9/17 at 100.00
|
AA
|
26,293,348
|
|
|
Insured (UB)
|
|
|
|
5,000
|
|
Municipal Energy Agency of Nebraska, Power Supply System Revenue and Refunding Bonds,
|
4/19 at 100.00
|
AA+
|
5,246,150
|
|
|
Series 2009A, 5.375%, 4/01/39 – BHAC Insured
|
|
|
|
1,000
|
|
Nebraska Public Power District, General Revenue Bonds, Series 2005A, 5.000%, 1/01/25 –
|
1/15 at 100.00
|
AA+
|
1,051,950
|
|
|
AGM Insured
|
|
|
|
33,125
|
|
Total Nebraska
|
|
|
32,591,448
|
|
|
Nevada – 7.1% (4.7% of Total Investments)
|
|
|
|
3,000
|
|
Clark County, Nevada, Airport Revenue Bonds, Subordinate Lien Series 2009C, 5.000%, 7/01/26 –
|
No Opt. Call
|
AA+
|
3,126,330
|
|
|
AGM Insured
|
|
|
|
8,475
|
|
Clark County, Nevada, General Obligation Bank Bonds, Southern Nevada Water Authority Loan,
|
12/12 at 100.00
|
AA+
|
8,521,867
|
|
|
Series 2002, 5.000%, 6/01/32 – NPFG Insured
|
|
|
|
3,630
|
|
Clark County, Nevada, General Obligation Bank Bonds, Southern Nevada Water Authority Loan,
|
12/12 at 100.00
|
AA+ (4)
|
3,860,215
|
|
|
Series 2002, 5.000%, 6/01/32 (Pre-refunded 12/01/12) – NPFG Insured
|
|
|
|
16,840
|
|
Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran
|
1/20 at 100.00
|
AA+
|
16,958,890
|
|
|
International Airport, Series 2010A, 5.250%, 7/01/39 – AGM Insured
|
|
|
|
7,370
|
|
Clark County, Nevada, Subordinate Lien Airport Revenue Bonds, Series 2004A-2, 5.125%,
|
7/14 at 100.00
|
Aa3
|
7,475,391
|
|
|
7/01/25 – FGIC Insured
|
|
|
|
|
|
Director of Nevada State Department of Business and Industry, Revenue Bonds, Las Vegas
|
|
|
|
|
|
Monorail Project, First Tier, Series 2000:
|
|
|
|
15,000
|
|
5.625%, 1/01/34 – AMBAC Insured (6)
|
1/12 at 100.00
|
N/R
|
3,600,450
|
11,400
|
|
5.375%, 1/01/40 – AMBAC Insured (6)
|
1/12 at 100.00
|
N/R
|
2,735,658
|
14,985
|
|
Reno, Nevada, Capital Improvement Revenue Bonds, Series 2002, 5.375%, 6/01/32 – FGIC Insured
|
6/12 at 100.00
|
A
|
14,385,450
|
25,300
|
|
Reno, Nevada, Capital Improvement Revenue Bonds, Series 2002, 5.375%, 6/01/32 (Pre-refunded
|
6/12 at 100.00
|
A3 (4)
|
26,392,707
|
|
|
6/01/12) – FGIC Insured
|
|
|
|
10,000
|
|
Reno, Nevada, Senior Lien Sales and Room Tax Revenue Bonds, Reno Transportation Rail Access
|
6/12 at 100.00
|
N/R (4)
|
10,413,500
|
|
|
Corridor Project, Series 2002, 5.125%, 6/01/27 (Pre-refunded 6/01/12) – AMBAC Insured
|
|
|
|
116,000
|
|
Total Nevada
|
|
|
97,470,458
|
|
|
New Jersey – 4.2% (2.8% of Total Investments)
|
|
|
|
|
|
Essex County Improvement Authority, New Jersey, Guaranteed Revenue Bonds, Project
|
|
|
|
|
|
Consolidation, Series 2004:
|
|
|
|
2,000
|
|
5.125%, 10/01/21 – NPFG Insured
|
10/14 at 100.00
|
Aa2
|
2,131,480
|
2,250
|
|
5.125%, 10/01/22 – NPFG Insured
|
10/14 at 100.00
|
Aa2
|
2,382,503
|
|
|
New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge,
|
|
|
|
|
|
Series 2004A:
|
|
|
|
3,850
|
|
5.000%, 7/01/22 – NPFG Insured
|
7/14 at 100.00
|
A
|
4,024,790
|
3,850
|
|
5.000%, 7/01/23 – NPFG Insured
|
7/14 at 100.00
|
A
|
4,006,272
|
26,000
|
|
New Jersey Turnpike Authority, Revenue Bonds, Refunding Series 2005D-1, 5.250%, 1/01/26 –
|
No Opt. Call
|
AA+
|
29,245,580
|
|
|
AGM Insured
|
|
|
|
|
|
New Jersey Turnpike Authority, Revenue Bonds, Series 2003A:
|
|
|
|
8,250
|
|
5.000%, 1/01/19 – FGIC Insured
|
7/13 at 100.00
|
A+
|
8,790,128
|
2,000
|
|
5.000%, 1/01/23 – AGM Insured
|
7/13 at 100.00
|
AA+
|
2,080,560
|
3,320
|
|
New Jersey Turnpike Authority, Revenue Bonds, Series 2005A, 5.000%, 1/01/21 – AGM Insured
|
1/15 at 100.00
|
AA+
|
3,512,726
|
1,330
|
|
Washington Township Board of Education, Mercer County, New Jersey, General Obligation Bonds,
|
No Opt. Call
|
Aa2
|
1,582,620
|
|
|
Series 2005, 5.250%, 1/01/26 – AGM Insured
|
|
|
|
52,850
|
|
Total New Jersey
|
|
|
57,756,659
|
|
|
New Mexico – 1.3% (0.9% of Total Investments)
|
|
|
|
3,660
|
|
San Juan County, New Mexico, Subordinate Gross Receipts Tax Revenue Bonds, Series 2005,
|
6/15 at 100.00
|
Aa3
|
3,816,538
|
|
|
5.000%, 6/15/25 – NPFG Insured
|
|
|
|
13,600
|
|
University of New Mexico, System Improvement Subordinated Lien Revenue Bonds, Series 2007A,
|
6/17 at 100.00
|
AA+
|
13,899,472
|
|
|
5.000%, 6/01/36 – AGM Insured
|
|
|
|
17,260
|
|
Total New Mexico
|
|
|
17,716,010
|
|
|
New York – 7.8% (5.2% of Total Investments)
|
|
|
|
1,880
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore
|
2/15 at 100.00
|
BBB
|
2,000,677
|
|
|
Hospital, Series 2004, 5.000%, 8/01/23 – FGIC Insured
|
|
|
|
7,225
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Non State Supported Debt, Cornell
|
7/20 at 100.00
|
Aa1
|
7,549,908
|
|
|
University, Series 2010A, 5.000%, 7/01/35
|
|
|
|
3,335
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
|
3/15 at 100.00
|
AAA
|
3,601,266
|
|
|
2005F, 5.000%, 3/15/24 – AMBAC Insured
|
|
|
|
3,820
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 4.500%,
|
2/17 at 100.00
|
A
|
3,243,027
|
|
|
2/15/47 – NPFG Insured
|
|
|
|
12,500
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A,
|
6/16 at 100.00
|
A–
|
13,131,375
|
|
|
5.000%, 12/01/25 – FGIC Insured
|
|
|
|
6,900
|
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2006F, 4.250%,
|
11/16 at 100.00
|
A–
|
6,541,545
|
|
|
5/01/33 – NPFG Insured
|
|
|
|
|
|
Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,
|
|
|
|
|
|
Series 2002A:
|
|
|
|
1,500
|
|
5.000%, 7/01/21 – FGIC Insured
|
7/12 at 100.00
|
AA–
|
1,547,955
|
5,000
|
|
5.000%, 7/01/25 – FGIC Insured
|
7/12 at 100.00
|
AA–
|
5,086,650
|
3,025
|
|
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue
|
2/21 at 100.00
|
Aa2
|
3,186,505
|
|
|
Bonds, Unity Hospital of Rochester Project, Series 2010, 5.500%, 8/15/40
|
|
|
|
2,615
|
|
New York City Industrial Development Agency, New York, Revenue Bonds, Yankee Stadium Project
|
3/19 at 100.00
|
AA+
|
2,902,912
|
|
|
PILOT, Series 2009A, 7.000%, 3/01/49 – AGC Insured
|
|
|
|
5,000
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 2005F-1, 5.000%, 9/01/21 –
|
9/15 at 100.00
|
AA
|
5,496,150
|
|
|
AMBAC Insured
|
|
|
|
10,000
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 2005M, 5.000%, 4/01/26 –
|
4/15 at 100.00
|
AA
|
10,424,600
|
|
|
FGIC Insured
|
|
|
|
5,000
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005F, 5.000%, 1/01/26 –
|
1/15 at 100.00
|
A+
|
5,189,900
|
|
|
AMBAC Insured
|
|
|
|
14,000
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 –
|
7/15 at 100.00
|
AA+
|
14,449,260
|
|
|
AGM Insured
|
|
|
|
2,000
|
|
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
|
6/13 at 100.00
|
AA–
|
2,127,960
|
|
|
State Contingency Contract-Backed Bonds, Series 2003A-1, 5.250%, 6/01/22 – AMBAC Insured
|
|
|
|
|
|
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds,
|
|
|
|
|
|
Series 2004A-1:
|
|
|
|
1,000
|
|
5.000%, 3/15/23 – FGIC Insured
|
3/14 at 100.00
|
AAA
|
1,075,070
|
5,000
|
|
5.000%, 3/15/25 – FGIC Insured
|
3/14 at 100.00
|
AAA
|
5,303,400
|
3,650
|
|
New York State Urban Development Corporation, Service Contract Revenue Bonds, Series 2005B,
|
3/15 at 100.00
|
AAA
|
3,895,682
|
|
|
5.000%, 3/15/25 – AGM Insured (UB)
|
|
|
|
10,000
|
|
Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue
|
11/12 at 100.00
|
Aa3
|
10,073,400
|
|
|
Refunding Bonds, Series 2002E, 5.000%, 11/15/32 – NPFG Insured
|
|
|
|
103,450
|
|
Total New York
|
|
|
106,827,242
|
|
|
North Carolina – 1.3% (0.8% of Total Investments)
|
|
|
|
|
|
Mooresville, North Carolina, Enterprise System Revenue Bonds, Series 2004:
|
|
|
|
2,115
|
|
5.000%, 5/01/22 – FGIC Insured
|
5/14 at 100.00
|
AA–
|
2,271,256
|
2,575
|
|
5.000%, 5/01/26 – FGIC Insured
|
5/14 at 100.00
|
AA–
|
2,634,972
|
5,250
|
|
North Carolina Municipal Power Agency 1, Catawba Electric Revenue Bonds, Series 2003A, 5.250%,
|
1/13 at 100.00
|
AA+
|
5,555,025
|
|
|
1/01/16 – AGM Insured
|
|
|
|
|
|
Raleigh Durham Airport Authority, North Carolina, Airport Revenue Bonds, Series 2005A:
|
|
|
|
3,205
|
|
5.000%, 5/01/23 – AMBAC Insured
|
5/15 at 100.00
|
Aa3
|
3,365,603
|
3,295
|
|
5.000%, 5/01/24 – AMBAC Insured
|
5/15 at 100.00
|
Aa3
|
3,439,618
|
16,440
|
|
Total North Carolina
|
|
|
17,266,474
|
|
|
North Dakota – 0.5% (0.3% of Total Investments)
|
|
|
|
|
|
Grand Forks, North Dakota, Sales Tax Revenue Bonds, Alerus Project, Series 2005A:
|
|
|
|
2,195
|
|
5.000%, 12/15/22 – NPFG Insured
|
12/15 at 100.00
|
Aa3
|
2,367,593
|
1,355
|
|
5.000%, 12/15/23 – NPFG Insured
|
12/15 at 100.00
|
Aa3
|
1,448,305
|
3,000
|
|
5.000%, 12/15/24 – NPFG Insured
|
12/15 at 100.00
|
Aa3
|
3,177,930
|
6,550
|
|
Total North Dakota
|
|
|
6,993,828
|
|
|
Ohio – 3.9% (2.6% of Total Investments)
|
|
|
|
2,650
|
|
Cleveland State University, Ohio, General Receipts Bonds, Series 2004, 5.250%, 6/01/24 –
|
6/14 at 100.00
|
A+
|
2,775,690
|
|
|
FGIC Insured
|
|
|
|
2,000
|
|
Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Series 2004,
|
12/14 at 100.00
|
AA+ (4)
|
2,303,220
|
|
|
5.250%, 12/01/25 (Pre-refunded 12/01/14) – AGM Insured
|
|
|
|
2,385
|
|
Columbus, Ohio, Tax Increment Financing Bonds, Easton Project, Series 2004A, 5.000%,
|
6/14 at 100.00
|
BBB+
|
2,457,456
|
|
|
12/01/22 – AMBAC Insured
|
|
|
|
2,205
|
|
Hamilton City School District, Ohio, General Obligation Bonds, Series 2005, 5.000%, 12/01/24 –
|
6/15 at 100.00
|
Baa1
|
2,282,638
|
|
|
NPFG Insured
|
|
|
|
19,595
|
|
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Lien, Series 2006, 4.250%, 12/01/32 –
|
12/16 at 100.00
|
A1
|
17,859,275
|
|
|
AMBAC Insured
|
|
|
|
20,100
|
|
Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series 1999,
|
11/11 at 100.00
|
AA–
|
20,108,643
|
|
|
5.375%, 11/15/39 – AMBAC Insured
|
|
|
|
3,000
|
|
Ross Local School District, Butler County, Ohio, General Obligation Bonds, Series 2003,
|
12/13 at 100.00
|
Aa2 (4)
|
3,321,000
|
|
|
5.000%, 12/01/28 (Pre-refunded 12/01/13) – AGM Insured
|
|
|
|
2,000
|
|
University of Akron, Ohio, General Receipts Bonds, Federally Taxable Build America Bonds,
|
1/20 at 100.00
|
AA+
|
2,078,620
|
|
|
Series 2010B, 5.000%, 1/01/29 – AGM Insured
|
|
|
|
53,935
|
|
Total Ohio
|
|
|
53,186,542
|
|
|
Oklahoma – 2.4% (1.6% of Total Investments)
|
|
|
|
3,500
|
|
Oklahoma Capitol Improvement Authority, State Facilities Revenue Bonds, Series 2005F, 5.000%,
|
7/15 at 100.00
|
AA
|
3,762,885
|
|
|
7/01/24 – AMBAC Insured
|
|
|
|
|
|
Oklahoma City Water Utilities Trust, Oklahoma, Water and Sewer Revenue Bonds, Series 2010:
|
|
|
|
1,000
|
|
5.375%, 7/01/40
|
No Opt. Call
|
AAA
|
1,086,470
|
1,500
|
|
5.000%, 7/01/40
|
7/21 at 100.00
|
AAA
|
1,574,760
|
1,355
|
|
Oklahoma Housing Finance Agency, GNMA Collateralized Single Family Mortgage Revenue Bonds,
|
No Opt. Call
|
AAA
|
1,361,612
|
|
|
Series 1987A, 7.997%, 8/01/18 (Alternative Minimum Tax)
|
|
|
|
21,000
|
|
Oklahoma Municipal Power Authority, Power Supply System Revenue Bonds, Series 2007, 4.500%,
|
1/17 at 100.00
|
A
|
19,411,560
|
|
|
1/01/47 – FGIC Insured
|
|
|
|
4,880
|
|
University of Oklahoma, Student Housing Revenue Bonds, Series 2004, 5.000%, 7/01/22 –
|
7/14 at 100.00
|
Aa3
|
5,058,559
|
|
|
AMBAC Insured
|
|
|
|
33,235
|
|
Total Oklahoma
|
|
|
32,255,846
|
|
|
Oregon – 0.5% (0.3% of Total Investments)
|
|
|
|
2,535
|
|
Oregon Department of Administrative Services, Certificates of Participation, Series 2005A,
|
5/15 at 100.00
|
AA+
|
2,639,670
|
|
|
5.000%, 5/01/25 – AGM Insured
|
|
|
|
4,000
|
|
Oregon Department of Administrative Services, State Lottery Revenue Bonds, Series 2011A,
|
4/21 at 100.00
|
AAA
|
4,416,120
|
|
|
5.250%, 4/01/31
|
|
|
|
6,535
|
|
Total Oregon
|
|
|
7,055,790
|
|
|
Pennsylvania – 5.1% (3.4% of Total Investments)
|
|
|
|
2,165
|
|
Allegheny County Sanitary Authority, Pennsylvania, Sewerage Revenue Bonds, Series 2010,
|
No Opt. Call
|
AA+
|
2,189,833
|
|
|
5.000%, 6/01/40 – AGM Insured
|
|
|
|
7,925
|
|
Commonwealth Financing Authority, Pennsylvania, State Appropriation Lease Bonds, Series 2006A,
|
6/16 at 100.00
|
AA+
|
8,293,196
|
|
|
5.000%, 6/01/26 – AGM Insured (UB)
|
|
|
|
5,250
|
|
Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2010E,
|
1/20 at 100.00
|
AA+
|
5,280,240
|
|
|
5.000%, 1/01/40 – AGM Insured
|
|
|
|
1,565
|
|
Montgomery County Industrial Development Authority, Pennsylvania, FHA Insured Mortgage Revenue
|
8/20 at 100.00
|
AA
|
1,611,715
|
|
|
Bonds, New Regional Medical Center Project, Series 2010, 5.375%, 8/01/38
|
|
|
|
1,800
|
|
Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Drexel University, Series
|
5/15 at 100.00
|
A
|
1,827,864
|
|
|
2005A, 5.000%, 5/01/28 – NPFG Insured
|
|
|
|
|
|
Pennsylvania Public School Building Authority, Lease Revenue Bonds, School District of
|
|
|
|
|
|
Philadelphia, Series 2006B:
|
|
|
|
5,000
|
|
4.500%, 6/01/32 – AGM Insured
|
12/16 at 100.00
|
AA+
|
4,897,050
|
6,740
|
|
4.500%, 6/01/32 – AGM Insured (UB)
|
12/16 at 100.00
|
AA+
|
6,601,223
|
2,625
|
|
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2006A, 5.000%, 12/01/26 –
|
6/16 at 100.00
|
Aa3
|
2,744,595
|
|
|
AMBAC Insured
|
|
|
|
10,000
|
|
Philadelphia, Pennsylvania, Airport Revenue Bonds, Series 2010A, 5.000%, 6/15/40 – AGM Insured
|
6/20 at 100.00
|
AA+
|
9,991,800
|
7,055
|
|
Pittsburgh and Allegheny County Sports and Exhibition Authority, Pennsylvania, Hotel Room
|
8/20 at 100.00
|
AA+
|
7,050,132
|
|
|
Excise Tax Revenue Bonds, Refunding Series 2010, 5.000%, 2/01/35 – AGC Insured
|
|
|
|
5,180
|
|
Pittsburgh and Allegheny County Sports and Exhibition Authority, Pennsylvania, Sales Tax
|
8/20 at 100.00
|
AA+
|
5,310,225
|
|
|
Revenue Bonds, Refunding Series 2010, 5.000%, 2/01/31 – AGM Insured
|
|
|
|
6,335
|
|
Radnor Township School District, Delaware County, Pennsylvania, General Obligation Bonds,
|
8/15 at 100.00
|
Aa2
|
6,568,065
|
|
|
Series 2005B, 5.000%, 2/15/30 – AGM Insured
|
|
|
|
3,285
|
|
Reading School District, Berks County, Pennsylvania, General Obligation Bonds, Series 2005:
|
|
|
|
|
|
5.000%, 1/15/22 – AGM Insured
|
1/16 at 100.00
|
AA+
|
3,517,939
|
3,450
|
|
Reading School District, Berks County, Pennsylvania, General Obligation Bonds, Series 2005:
|
|
|
|
|
|
5.000%, 1/15/23 – AGM Insured (UB)
|
1/16 at 100.00
|
AA+
|
3,672,698
|
68,375
|
|
Total Pennsylvania
|
|
|
69,556,575
|
|
|
Puerto Rico – 0.8% (0.6% of Total Investments)
|
|
|
|
2,500
|
|
Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2005RR, 5.000%, 7/01/30
|
7/15 at 100.00
|
AAA
|
2,912,525
|
|
|
(Pre-refunded 7/01/15) – SYNCORA GTY Insured
|
|
|
|
2,000
|
|
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2003G, 5.250%,
|
7/13 at 100.00
|
A3
|
2,068,980
|
|
|
7/01/19 – FGIC Insured
|
|
|
|
1,550
|
|
Puerto Rico Municipal Finance Agency, Series 2005C, 5.250%, 8/01/21 – CIFG Insured
|
No Opt. Call
|
A3
|
1,635,917
|
36,000
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A, 0.000%,
|
No Opt. Call
|
Aa2
|
4,848,120
|
|
|
8/01/42 – NPFG Insured
|
|
|
|
42,050
|
|
Total Puerto Rico
|
|
|
11,465,542
|
|
|
Rhode Island – 0.3% (0.2% of Total Investments)
|
|
|
|
2,195
|
|
Providence Housing Development Corporation, Rhode Island, FHA-Insured Section 8 Assisted
|
1/12 at 100.00
|
Baa1
|
2,199,061
|
|
|
Mortgage Revenue Refunding Bonds, Barbara Jordan Apartments, Series 1994A, 6.750%,
|
|
|
|
|
|
7/01/25 – NPFG Insured
|
|
|
|
1,405
|
|
Rhode Island Health & Educational Building Corporation, Higher Education Auxiliary Enterprise
|
9/14 at 100.00
|
A1
|
1,494,147
|
|
|
Revenue Bonds, Series 2004A, 5.500%, 9/15/24 – AMBAC Insured
|
|
|
|
3,600
|
|
Total Rhode Island
|
|
|
3,693,208
|
|
|
South Carolina – 5.6% (3.8% of Total Investments)
|
|
|
|
14,650
|
|
Anderson County School District 5, South Carolina, General Obligation Bonds, Series 2008,
|
No Opt. Call
|
AA+
|
15,685,169
|
|
|
Trust 1181, 9.878%, 8/01/15 – AGM Insured (IF)
|
|
|
|
10,000
|
|
Beaufort County, South Carolina, Tax Increment Bonds, New River Redevelopment Project, Series
|
12/12 at 100.00
|
A+
|
10,085,000
|
|
|
2002, 5.000%, 6/01/27 – NPFG Insured
|
|
|
|
|
|
Medical University Hospital Authority, South Carolina, FHA-Insured Mortgage Revenue Bonds,
|
|
|
|
|
|
Series 2004A:
|
|
|
|
2,000
|
|
5.250%, 8/15/22 – NPFG Insured
|
8/14 at 100.00
|
Baa1
|
2,125,840
|
2,605
|
|
5.250%, 8/15/23 – NPFG Insured
|
8/14 at 100.00
|
Baa1
|
2,747,702
|
2,385
|
|
5.250%, 8/15/25 – NPFG Insured
|
8/14 at 100.00
|
Baa1
|
2,467,116
|
5,880
|
|
Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 1988, 0.000%,
|
No Opt. Call
|
N/R
|
5,484,452
|
|
|
1/01/13 – AMBAC Insured
|
|
|
|
2,500
|
|
Saint Peters Parish/Jasper County Public Facilities Corporation, South Carolina, Installment
|
4/21 at 100.00
|
AA+
|
2,444,400
|
|
|
Purchase Revenue Bonds, County Office Building Projects, Series 2011A, 5.250%, 4/01/44 –
|
|
|
|
|
|
AGC Insured
|
|
|
|
8,000
|
|
South Carolina JOBS Economic Development Authority, Industrial Revenue Bonds, South Carolina
|
11/12 at 100.00
|
A
|
8,264,640
|
|
|
Electric and Gas Company, Series 2002A, 5.200%, 11/01/27 – AMBAC Insured
|
|
|
|
10,000
|
|
South Carolina JOBS Economic Development Authority, Industrial Revenue Bonds, South Carolina
|
11/12 at 100.00
|
A
|
9,829,900
|
|
|
Electric and Gas Company, Series 2002B, 5.450%, 11/01/32 – AMBAC Insured (Alternative
|
|
|
|
|
|
Minimum Tax)
|
|
|
|
1,250
|
|
South Carolina Jobs-Economic Development Authority, Hospital Revenue Bonds, Palmetto Health,
|
8/21 at 100.00
|
AA+
|
1,307,025
|
|
|
Refunding Series 2011A, 6.500%, 8/01/39 – AGM Insured
|
|
|
|
17,500
|
|
South Carolina Transportation Infrastructure Bank, Revenue Bonds, Series 2007A, 4.500%,
|
10/16 at 100.00
|
A1
|
16,805,075
|
|
|
10/01/34 – SYNCORA GTY Insured
|
|
|
|
76,770
|
|
Total South Carolina
|
|
|
77,246,319
|
|
|
Texas – 6.5% (4.3% of Total Investments)
|
|
|
|
4,405
|
|
Bexar County, Texas, Venue Project Revenue Bonds, Refunding Series 2010, 5.500%, 8/15/49 –
|
8/19 at 100.00
|
AA+
|
4,509,751
|
|
|
AGM Insured
|
|
|
|
421
|
|
Capital Area Housing Finance Corporation, Texas, FNMA Backed Single Family Mortgage Revenue
|
4/12 at 106.00
|
Aaa
|
447,717
|
|
|
Refunding Bonds, Series 2002A-2, 6.300%, 4/01/35 – AMBAC Insured (Alternative Minimum Tax)
|
|
|
|
12,500
|
|
Dallas-Ft. Worth International Airport, Texas, Joint Revenue Bonds, Series 2000A, 6.125%,
|
11/11 at 100.00
|
A+
|
12,511,625
|
|
|
11/01/35 – NPFG Insured (Alternative Minimum Tax)
|
|
|
|
25,000
|
|
Harris County-Houston Sports Authority, Texas, Junior Lien Revenue Refunding Bonds, Series
|
11/11 at 100.00
|
Baa1
|
20,829,000
|
|
|
2001B, 5.250%, 11/15/40 – NPFG Insured
|
|
|
|
4,671
|
|
Houston Housing Finance Corporation, Texas, GNMA Collateralized Mortgage Multifamily Housing
|
9/11 at 105.00
|
Aaa
|
4,800,480
|
|
|
Revenue Bonds, RRG Apartments Project, Series 2001, 6.350%, 3/20/42
|
|
|
|
|
|
Houston, Texas, First Lien Combined Utility System Revenue Bonds, Series 2004A:
|
|
|
|
4,000
|
|
5.250%, 5/15/24 – FGIC Insured
|
5/14 at 100.00
|
AA
|
4,340,120
|
5,000
|
|
5.250%, 5/15/25 – NPFG Insured
|
5/14 at 100.00
|
AA
|
5,410,800
|
17,500
|
|
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment
|
9/11 at 100.00
|
A2
|
16,653,700
|
|
|
Project, Series 2001B, 5.250%, 9/01/33 – AMBAC Insured
|
|
|
|
225
|
|
Houston, Texas, Subordinate Lien Airport System Revenue Bonds, Series 2000A, 5.625%, 7/01/30 –
|
1/12 at 100.00
|
AA+
|
225,077
|
|
|
AGM Insured (Alternative Minimum Tax)
|
|
|
|
2,960
|
|
Lower Colorado River Authority, Texas, Revenue Refunding and Improvement Bonds, Series 2001A,
|
10/11 at 100.00
|
A1
|
2,968,199
|
|
|
5.000%, 5/15/21 – NPFG Insured
|
|
|
|
|
|
Port of Houston Authority, Harris County, Texas, General Obligation Port Improvement Bonds,
|
|
|
|
|
|
Series 2001B:
|
|
|
|
3,205
|
|
5.500%, 10/01/18 – FGIC Insured (Alternative Minimum Tax)
|
10/11 at 100.00
|
AAA
|
3,220,160
|
3,375
|
|
5.500%, 10/01/19 – FGIC Insured (Alternative Minimum Tax)
|
10/11 at 100.00
|
AAA
|
3,398,558
|
7,550
|
|
Waco Health Facilities Development Corporation, Texas, Hillcrest Health System Project, FHA
|
8/16 at 100.00
|
Baa1
|
7,540,487
|
|
|
Insured Mortgage Revenue Bonds, Series 2006A, 5.000%, 8/01/31 – NPFG Insured
|
|
|
|
1,840
|
|
Ysleta Independent School District Public Facility Corporation, Texas, Lease Revenue Refunding
|
11/11 at 100.00
|
AA–
|
1,860,093
|
|
|
Bonds, Series 2001, 5.375%, 11/15/24 – AMBAC Insured
|
|
|
|
92,653
|
|
Total Texas
|
|
|
88,715,767
|
|
|
Utah – 1.3% (0.9% of Total Investments)
|
|
|
|
2,000
|
|
Clearfield City, Utah, Sales Tax Revenue Bonds, Series 2003, 5.000%, 7/01/28 (Pre-refunded
|
7/13 at 100.00
|
AA– (4)
|
2,174,160
|
|
|
7/01/13) – FGIC Insured
|
|
|
|
15,000
|
|
Utah Transit Authority, Sales Tax Revenue Bonds, Series 2008A, 5.000%, 6/15/32 – AGM
|
6/18 at 100.00
|
AAA
|
15,686,850
|
|
|
Insured (UB)
|
|
|
|
17,000
|
|
Total Utah
|
|
|
17,861,010
|
|
|
Virginia – 1.2% (0.8% of Total Investments)
|
|
|
|
1,035
|
|
Loudoun County Industrial Development Authority, Virginia, Lease Revenue Bonds, Public Safety
|
6/14 at 100.00
|
AA+
|
1,144,151
|
|
|
Facilities, Series 2003A, 5.250%, 12/15/20 – AGM Insured
|
|
|
|
4,840
|
|
Metropolitan Washington D.C. Airports Authority, Airport System Revenue Bonds, Series 2001A,
|
10/11 at 101.00
|
AA–
|
4,920,973
|
|
|
5.500%, 10/01/19 – NPFG Insured (Alternative Minimum Tax)
|
|
|
|
1,000
|
|
Roanoke Industrial Development Authority, Virginia, Hospital Revenue Bonds, Carillion Health
|
7/20 at 100.00
|
AA+
|
1,003,170
|
|
|
System Obligated Group, Series 2005B, 5.000%, 7/01/38 – AGM Insured
|
|
|
|
10,000
|
|
Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2001H-1, 5.375%,
|
1/12 at 100.00
|
AAA
|
10,005,700
|
|
|
7/01/36 – NPFG Insured (UB)
|
|
|
|
16,875
|
|
Total Virginia
|
|
|
17,073,994
|
|
|
Washington – 4.5% (3.0% of Total Investments)
|
|
|
|
2,500
|
|
Grant County Public Utility District 2, Washington, Revenue Bonds, Wanapum Hydroelectric
|
1/15 at 100.00
|
AA–
|
2,552,275
|
|
|
Development, Series 2005A, 5.000%, 1/01/29 – FGIC Insured
|
|
|
|
3,500
|
|
King County School District 401, Highline, Washington, General Obligation Bonds, Series 2004,
|
12/14 at 100.00
|
AA+
|
3,751,300
|
|
|
5.000%, 10/01/24 – FGIC Insured
|
|
|
|
7,500
|
|
King County, Washington, General Obligation Sewer Bonds, Series 2009, Trust 1W, 9.537%,
|
1/19 at 100.00
|
AA+
|
8,294,550
|
|
|
1/01/39 – AGC Insured (IF), (5)
|
|
|
|
17,000
|
|
King County, Washington, Sewer Revenue Bonds, Series 2007, 5.000%, 1/01/42 – AGM Insured
|
7/17 at 100.00
|
AA+
|
17,343,909
|
4,345
|
|
King County, Washington, Sewer Revenue Bonds, Tender Option Bond Trust 3090, 13.461%,
|
7/17 at 100.00
|
AA+
|
4,629,032
|
|
|
7/01/32 – AGM Insured (IF)
|
|
|
|
4,250
|
|
Snohomish County Public Utility District 1, Washington, Generation System Revenue Bonds,
|
No Opt. Call
|
Aaa
|
5,268,044
|
|
|
Series 1989, 6.650%, 1/01/16 – FGIC Insured (ETM)
|
|
|
|
|
|
Tacoma, Washington, Solid Waste Utility Revenue Refunding Bonds, Series 2006:
|
|
|
|
3,890
|
|
5.000%, 12/01/24 – SYNCORA GTY Insured
|
12/16 at 100.00
|
AA
|
4,111,535
|
4,085
|
|
5.000%, 12/01/25 – SYNCORA GTY Insured
|
12/16 at 100.00
|
AA
|
4,294,437
|
4,290
|
|
5.000%, 12/01/26 – SYNCORA GTY Insured
|
12/16 at 100.00
|
AA
|
4,491,028
|
5,945
|
|
Washington State, General Obligation Bonds, Series 2006, Trust 1212, 13.506%, 7/01/14 – AGM
|
No Opt. Call
|
AA+
|
6,738,121
|
|
|
Insured (IF)
|
|
|
|
57,305
|
|
Total Washington
|
|
|
61,474,231
|
|
|
West Virginia – 0.7% (0.5% of Total Investments)
|
|
|
|
10,000
|
|
West Virginia Economic Development Authority, State Lottery Revenue Bonds, Series 2010A,
|
6/20 at 100.00
|
AAA
|
10,081,500
|
|
|
5.000%, 6/15/40
|
|
|
|
|
|
Wisconsin – 2.2% (1.5% of Total Investments)
|
|
|
|
15,000
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic,
|
8/11 at 100.00
|
Baa1
|
14,999,549
|
|
|
Series 1997, 5.750%, 2/15/27 – NPFG Insured
|
|
|
|
290
|
|
Wisconsin State, General Obligation Bonds, Series 2004-3, 5.250%, 5/01/20 – FGIC Insured
|
5/14 at 100.00
|
AA
|
321,160
|
2,600
|
|
Wisconsin State, General Obligation Bonds, Series 2004-3, 5.250%, 5/01/20 (Pre-refunded
|
5/14 at 100.00
|
Aa2 (4)
|
2,928,743
|
|
|
5/01/14) – FGIC Insured
|
|
|
|
10,945
|
|
Wisconsin State, General Obligation Bonds, Series 2004-4, 5.000%, 5/01/20 – NPFG Insured
|
5/14 at 100.00
|
AA
|
12,034,683
|
28,835
|
|
Total Wisconsin
|
|
|
30,284,135
|
$ 2,203,271
|
|
Total Long-Term Investments (cost $2,017,885,846) – 149.2%
|
|
|
2,043,790,085
|
|
|
Short-Term Investments – 0.8% (0.5% of Investments)
|
|
|
|
|
|
Missouri – 0.6% (0.4% of Total Investments)
|
|
|
|
$ 8,000
|
|
St. Louis, Missouri, Airport Revenue Bonds, Lambert-St. Louis International Airport, Variable Rate
|
No Opt. Call
|
A–1
|
8,000,000
|
|
|
Demand Obligations Tender Option Bond Trust DCL-017, 2.660%, 7/01/22 (7)
|
|
|
|
|
|
North Carolina – 0.2% (0.1% of Total Investments)
|
|
|
|
2,500
|
|
Sampson County, North Carolina, Certificates of Participation, Series 2006, Variable Rate
|
No Opt. Call
|
A–1
|
2,500,000
|
|
|
Demand Obligations Series 112, 0.140%, 6/01/34 (7)
|
|
|
|
$ 10,500
|
|
Total Short-Term Investments (cost $10,500,000)
|
|
|
10,500,000
|
|
|
Total Investments (cost $2,028,385,846) – 150.0%
|
|
|
2,054,290,085
|
|
|
Floating Rate Obligations – (8.3)%
|
|
|
(114,193,333)
|
|
|
Variable Rate Demand Preferred Shares, at Liquidation Value – (48.7)% (8)
|
|
|
(667,200,000)
|
|
|
Other Assets Less Liabilities – 7.0%
|
|
|
96,844,056
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 1,369,740,808
|