|
|
|
|
|
|
|
|
Portfolio of Investments (Unaudited)
|
|
|
|
|
|
Nuveen Municipal Opportunity Fund, Inc. (NIO)
|
|
|
|
|
|
July 31, 2012
|
|
|
|
Principal
|
|
|
Optional Call
|
|
|
Amount (000)
|
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Alabama – 1.1% (0.8% of Total Investments)
|
|
|
|
$ 10,500
|
|
Birmingham Waterworks and Sewerage Board, Alabama, Water and Sewerage Revenue Bonds,
|
1/17 at 100.00
|
AA+
|
$ 10,871,595
|
|
|
Series 2007A, 4.500%, 1/01/43 – BHAC Insured
|
|
|
|
10,195
|
|
Jefferson County, Alabama, Sewer Revenue Refunding Warrants, Series 1997A, 5.375%, 2/01/27 –
|
8/12 at 100.00
|
Caa3
|
6,581,994
|
|
|
FGIC Insured (4)
|
|
|
|
20,695
|
|
Total Alabama
|
|
|
17,453,589
|
|
|
Arizona – 2.8% (1.9% of Total Investments)
|
|
|
|
4,230
|
|
Apache County Industrial Development Authority, Arizona, Pollution Control Revenue Bonds,
|
3/22 at 100.00
|
BBB–
|
4,396,874
|
|
|
Tucson Electric Power Company, Series 20102A, 4.500%, 3/01/30
|
|
|
|
|
|
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–
|
2,173,780
|
2,000
|
|
5.000%, 9/01/27 – AMBAC Insured
|
3/15 at 100.00
|
AA–
|
2,171,660
|
1,000
|
|
Arizona State University, System Revenue Bonds, Series 2005, 5.000%, 7/01/27 – AMBAC Insured
|
7/15 at 100.00
|
Aa3
|
1,096,650
|
3,000
|
|
Arizona State, Certificates of Participation, Department of Administration Series 2010B,
|
4/20 at 100.00
|
AA–
|
3,363,330
|
|
|
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 (5)
|
1,090,460
|
|
|
Series 2004A, 5.000%, 7/01/22 (Pre-refunded 7/01/14) – AGM Insured
|
|
|
|
5,200
|
|
Mesa, Arizona, Utility System Revenue Bonds, Tender Option Bond Trust, Series 11032-11034,
|
7/17 at 100.00
|
Aa2
|
6,046,352
|
|
|
14.880%, 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+
|
1,228,913
|
|
|
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
|
14,827,803
|
|
|
2005, 4.750%, 7/01/25 – NPFG Insured
|
|
|
|
5,000
|
|
Phoenix Civic Improvement Corporation, Arizona, Subordinate Excise Tax Revenue Bonds, Civic
|
7/15 at 100.00
|
AA+
|
5,439,900
|
|
|
Plaza Expansion Project, Series 2005A, 5.000%, 7/01/41 – FGIC Insured
|
|
|
|
38,070
|
|
Total Arizona
|
|
|
41,835,722
|
|
|
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
|
2,805,449
|
|
|
9/01/35 – AMBAC Insured
|
|
|
|
|
|
California – 20.8% (14.0% of Total Investments)
|
|
|
|
5,600
|
|
Alameda Corridor Transportation Authority, California, Subordinate Lien Revenue Bonds, Series
|
No Opt. Call
|
BBB+
|
4,109,672
|
|
|
2004A, 0.000%, 10/01/20 – AMBAC Insured
|
|
|
|
|
|
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
|
33,270
|
25
|
|
5.000%, 12/01/27 (Pre-refunded 12/01/14) – NPFG Insured
|
12/14 at 100.00
|
AAA
|
27,725
|
|
|
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
|
4,023,788
|
2,795
|
|
5.000%, 12/01/27 – NPFG Insured (UB)
|
12/14 at 100.00
|
AAA
|
3,059,463
|
3,000
|
|
California Health Facilities Financing Authority, Revenue Bonds, Lucile Salter Packard
|
8/22 at 100.00
|
AA
|
3,260,220
|
|
|
Children’s Hospital, Series 2012A, 5.000%, 8/15/51
|
|
|
|
|
|
California Health Facilities Financing Authority, Revenue Bonds, Stanford Hospitals and
|
|
|
|
|
|
Clinics, Tender Option Bond Trust 3294:
|
|
|
|
3,220
|
|
9.230%, 2/15/20 (IF) (6)
|
No Opt. Call
|
AA–
|
3,857,045
|
1,275
|
|
9.230%, 2/15/20 (IF)
|
No Opt. Call
|
AA–
|
1,527,246
|
1,215
|
|
9.230%, 2/15/20 (IF)
|
No Opt. Call
|
AA–
|
1,455,157
|
10,150
|
|
California State, General Obligation Bonds, Series 2004, 5.000%, 6/01/31 – AMBAC Insured
|
12/14 at 100.00
|
A1
|
10,753,316
|
10,920
|
|
California Statewide Communities Development Authority, Revenue Bonds, Kaiser Permanente,
|
4/22 at 100.00
|
A+
|
11,985,246
|
|
|
Series 2012A, 5.000%, 4/01/42
|
|
|
|
3,500
|
|
Coachella Valley Unified School District, Riverside County, California, General Obligation
|
8/15 at 100.00
|
A1
|
3,856,405
|
|
|
Bonds, Series 2005A, 5.000%, 8/01/26 – FGIC Insured
|
|
|
|
5,750
|
|
East Bay Municipal Utility District, Alameda and Contra Costa Counties, California, Water
|
6/15 at 100.00
|
AAA
|
6,338,973
|
|
|
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
|
10,241,900
|
|
|
Asset-Backed Revenue Bonds, Series 2005A, 5.000%, 6/01/38 – FGIC Insured
|
|
|
|
|
|
Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed
|
|
|
|
|
|
Bonds, Series 2007A-1:
|
|
|
|
15,510
|
|
4.500%, 6/01/27
|
6/17 at 100.00
|
BB–
|
13,313,164
|
3,760
|
|
5.000%, 6/01/33
|
6/17 at 100.00
|
BB–
|
3,018,603
|
1,520
|
|
Hayward Redevelopment Agency, California, Downtown Redevelopment Project Tax Allocation
|
3/16 at 100.00
|
A–
|
1,536,066
|
|
|
Bonds, 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
|
Aa2
|
3,544,800
|
|
|
11/01/24 – AGM Insured
|
|
|
|
2,740
|
|
Los Angeles Harbors Department, California, Revenue Bonds, Series 2006A, 5.000%, 8/01/22 –
|
8/16 at 102.00
|
AA
|
3,131,847
|
|
|
FGIC Insured (Alternative Minimum Tax)
|
|
|
|
20,000
|
|
Los Angeles Unified School District, California, General Obligation Bonds, Series 2003A,
|
7/13 at 100.00
|
Aa2 (5)
|
20,883,400
|
|
|
5.000%, 7/01/21 (Pre-refunded 7/01/13) – AGM Insured
|
|
|
|
3,000
|
|
Los Angeles Unified School District, California, General Obligation Bonds, Series 2006F,
|
7/16 at 100.00
|
Aa2
|
3,385,950
|
|
|
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–
|
4,451,044
|
|
|
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
|
5,559,010
|
|
|
(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 (5)
|
698,204
|
|
|
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
|
12/12 at 100.00
|
N/R
|
15,046,800
|
6,000
|
|
5.125%, 6/15/33 – AMBAC Insured
|
12/12 at 100.00
|
N/R
|
6,013,080
|
2,035
|
|
Redding, California, Electric System Revenue Certificates of Participation, Series 2005,
|
6/15 at 100.00
|
A
|
2,112,941
|
|
|
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–
|
6,185,640
|
|
|
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
|
3,341,102
|
|
|
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
|
2,791,550
|
|
|
2005B, 4.750%, 12/01/21 – FGIC Insured
|
|
|
|
1,220
|
|
San Francisco Bay Area Rapid Transit District, California, Sales Tax Revenue Bonds, Refunding
|
7/15 at 100.00
|
AA+
|
1,361,984
|
|
|
Series 2005A, 5.000%, 7/01/22 – NPFG Insured
|
|
|
|
3,030
|
|
San Francisco Bay Area Rapid Transit District, California, Sales Tax Revenue Bonds, Series
|
1/13 at 100.00
|
AA+
|
3,040,696
|
|
|
2001, 5.125%, 7/01/36 – AMBAC Insured
|
|
|
|
66,685
|
|
San Joaquin Hills Transportation Corridor Agency, Orange County, California, Senior Lien Toll
|
No Opt. Call
|
Aaa
|
56,991,663
|
|
|
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
|
1/13 at 100.00
|
BBB
|
31,613,416
|
21,500
|
|
0.000%, 1/15/32 – NPFG Insured
|
No Opt. Call
|
BBB
|
7,244,640
|
21,255
|
|
San Jose Redevelopment Agency, California, Tax Allocation Bonds, Merged Area Redevelopment
|
8/17 at 100.00
|
BBB
|
19,627,080
|
|
|
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
|
BBB
|
13,080,600
|
|
|
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
|
Aa1
|
7,154,850
|
|
|
6/01/25 – AGM Insured
|
|
|
|
9,375
|
|
University of California, General Revenue Bonds, Limited Project Series 2012G, 5.000%, 5/15/37
|
5/22 at 100.00
|
Aa2
|
10,855,781
|
|
|
(WI/DD, Settling 8/09/12)
|
|
|
|
5,000
|
|
Walnut Energy Center Authority, California, Electric Revenue Bonds, Turlock Irrigation
|
1/14 at 100.00
|
A+
|
5,124,600
|
|
|
District, Series 2004A, 5.000%, 1/01/34 – AMBAC Insured
|
|
|
|
336,905
|
|
Total California
|
|
|
315,637,937
|
|
|
Colorado – 3.4% (2.3% 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–
|
1,095,844
|
|
|
SYNCORA GTY Insured
|
|
|
|
1,900
|
|
Aspen, Colorado, Sales Tax Revenue Bonds, Parks and Open Space, Series 2005B, 5.250%,
|
11/15 at 100.00
|
Aa2
|
2,142,060
|
|
|
11/01/24 – AGM Insured
|
|
|
|
1,000
|
|
Colorado Department of Transportation, Certificates of Participation, Series 2004, 5.000%,
|
6/14 at 100.00
|
AA– (5)
|
1,087,070
|
|
|
6/15/25 (Pre-refunded 6/15/14) – NPFG Insured
|
|
|
|
4,950
|
|
Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel,
|
12/13 at 100.00
|
N/R (5)
|
5,254,871
|
|
|
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 (5)
|
1,927,033
|
|
|
Bonds, Series 2005B, 5.000%, 12/15/28 (Pre-refunded 12/15/14) – AGM Insured
|
|
|
|
35,995
|
|
E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 1997B, 0.000%,
|
No Opt. Call
|
BBB
|
21,951,911
|
|
|
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
|
BBB
|
4,786,400
|
|
|
NPFG Insured
|
|
|
|
4,520
|
|
Jefferson County School District R1, Colorado, General Obligation Bonds, Series 2004, 5.000%,
|
12/14 at 100.00
|
Aa2 (5)
|
5,017,200
|
|
|
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–
|
4,883,031
|
|
|
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 (5)
|
2,769,600
|
|
|
5.000%, 12/01/24 (Pre-refunded 12/01/14) – FGIC Insured
|
|
|
|
355
|
|
University of Colorado, Enterprise System Revenue Bonds, Series 2005, 5.000%, 6/01/30 –
|
6/15 at 100.00
|
Aa2
|
389,801
|
|
|
FGIC Insured
|
|
|
|
645
|
|
University of Colorado, Enterprise System Revenue Bonds, Series 2005, 5.000%, 6/01/30
|
6/15 at 100.00
|
Aa2 (5)
|
727,876
|
|
|
(Pre-refunded 6/01/15) – FGIC Insured
|
|
|
|
69,020
|
|
Total Colorado
|
|
|
52,032,697
|
|
|
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
|
3,676,823
|
|
|
Series 2010G, 5.000%, 7/01/39
|
|
|
|
|
|
District of Columbia – 0.9% (0.6% of Total Investments)
|
|
|
|
|
|
District of Columbia Water and Sewerage Authority, Public Utility Revenue Bonds, Subordinate
|
|
|
|
|
|
Lien Series 2003:
|
|
|
|
5,000
|
|
5.125%, 10/01/24 (Pre-refunded 10/01/13) – FGIC Insured
|
10/13 at 100.00
|
AA (5)
|
5,284,050
|
5,000
|
|
5.125%, 10/01/25 (Pre-refunded 10/01/13) – FGIC Insured
|
10/13 at 100.00
|
AA (5)
|
5,284,050
|
2,670
|
|
Washington Convention Center Authority, District of Columbia, Dedicated Tax Revenue Bonds,
|
10/16 at 100.00
|
AA+
|
3,077,576
|
|
|
Tender Option Bond Trust 1606, 11.436%, 10/01/30 – AMBAC Insured (IF)
|
|
|
|
12,670
|
|
Total District of Columbia
|
|
|
13,645,676
|
|
|
Florida – 22.7% (15.3% 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
|
1,336,700
|
3,820
|
|
Broward County School Board, Florida, Certificates of Participation, Series 2003, 5.250%,
|
7/13 at 100.00
|
Aa3 (5)
|
3,995,682
|
|
|
7/01/19 (Pre-refunded 7/01/13) – NPFG Insured
|
|
|
|
1,275
|
|
Broward County, Florida, Airport System Revenue Bonds, Series 2004L, 5.000%, 10/01/23 –
|
10/14 at 100.00
|
A+
|
1,344,602
|
|
|
AMBAC Insured
|
|
|
|
875
|
|
Broward County, Florida, Airport System Revenue Bonds, Series 2004L, 5.000%, 10/01/23
|
10/14 at 100.00
|
A1 (5)
|
958,046
|
|
|
(Pre-refunded 10/01/14) – 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+ (5)
|
4,751,820
|
|
|
(Pre-refunded 10/01/13) – NPFG Insured
|
|
|
|
6,000
|
|
Cape Coral, Florida, Water and Sewer Revenue Bonds, Refunding Series 2011, 5.000%, 10/01/41 –
|
10/21 at 100.00
|
AA–
|
6,727,740
|
|
|
AGM Insured
|
|
|
|
|
|
Clay County, Florida, Uiltity System Revenue Bonds, Series 2007:
|
|
|
|
5,110
|
|
5.000%, 11/01/27 – AGM Insured (UB)
|
11/17 at 100.00
|
AAA
|
5,609,278
|
12,585
|
|
5.000%, 11/01/32 – AGM Insured (UB)
|
11/17 at 100.00
|
AAA
|
13,648,936
|
1,500
|
|
Collier County, Florida, Capital Improvement Revenue Bonds, Series 2005, 5.000%, 10/01/23
|
10/14 at 100.00
|
AA– (5)
|
1,649,895
|
|
|
(Pre-refunded 10/01/14) – 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
|
AA–
|
3,284,700
|
|
|
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)
|
9/12 at 100.00
|
AA+
|
1,232,829
|
1,890
|
|
5.750%, 9/01/29 – AGM Insured (Alternative Minimum Tax)
|
9/12 at 100.00
|
AA+
|
1,892,646
|
900
|
|
Dade County, Florida, Seaport Revenue Refunding Bonds, Series 1995, 5.750%, 10/01/15 –
|
10/12 at 100.00
|
A2
|
903,960
|
|
|
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
|
952,588
|
475
|
|
5.250%, 10/01/18 – AMBAC Insured
|
10/13 at 100.00
|
N/R
|
493,273
|
|
|
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
|
1,287,850
|
1,095
|
|
5.000%, 10/01/23 – NPFG Insured
|
10/13 at 100.00
|
A1
|
1,127,872
|
1,225
|
|
5.000%, 10/01/24 – NPFG Insured
|
10/13 at 100.00
|
A1
|
1,260,746
|
2,500
|
|
Escambia County School Board, Florida, Certificates of Participation, Series 2004, 5.000%,
|
2/15 at 100.00
|
BBB
|
2,604,725
|
|
|
2/01/22 – NPFG Insured
|
|
|
|
2,500
|
|
Flagler County School Board, Florida, Certificates of Participation, Master Lease Revenue
|
8/15 at 100.00
|
AA–
|
2,726,100
|
|
|
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
|
1,262,472
|
|
|
NPFG Insured
|
|
|
|
3,945
|
|
Florida Governmental Utility Authority, Utility System Revenue Bonds, Citrus Project, Series
|
10/13 at 100.00
|
A– (5)
|
4,165,762
|
|
|
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,
|
1/13 at 100.00
|
N/R
|
1,000,560
|
|
|
Series 1999, 5.000%, 7/01/29 – AMBAC Insured
|
|
|
|
|
|
Florida Municipal Loan Council, Revenue Bonds, Series 2000B:
|
|
|
|
250
|
|
5.375%, 11/01/25 – NPFG Insured
|
11/12 at 100.00
|
A–
|
250,478
|
185
|
|
5.375%, 11/01/30 – NPFG Insured
|
11/12 at 100.00
|
A–
|
185,300
|
180
|
|
Florida Municipal Loan Council, Revenue Bonds, Series 2001A, 5.250%, 11/01/18 –
|
11/12 at 100.00
|
Baa2
|
181,370
|
|
|
NPFG Insured
|
|
|
|
2,000
|
|
Greater Orlando Aviation Authority, Florida, Airport Facilities Revenue Refunding Bonds,
|
10/13 at 100.00
|
AA–
|
2,092,100
|
|
|
Series 2003A, 5.000%, 10/01/17 – AGM Insured
|
|
|
|
1,915
|
|
Halifax Hospital Medical Center, Florida, Revenue Bonds, Series 2006, 5.500%, 6/01/38 –
|
6/18 at 100.00
|
AA–
|
2,070,785
|
|
|
AGM Insured
|
|
|
|
2,500
|
|
Hillsborough County Industrial Development Authority, Florida, Industrial Development Revenue
|
No Opt. Call
|
BBB
|
3,123,425
|
|
|
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
|
1,096,650
|
|
|
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 (5)
|
6,262,200
|
|
|
7/01/29 (Pre-refunded 7/01/13) – NPFG Insured
|
|
|
|
2,000
|
|
Hillsborough County, Florida, Community Investment Tax Revenue Bonds, Series 2004, 5.000%,
|
11/13 at 101.00
|
AA (5)
|
2,139,600
|
|
|
5/01/23 (Pre-refunded 11/01/13) – AMBAC Insured
|
|
|
|
1,000
|
|
Hillsborough County, Florida, Revenue Refunding Bonds, Tampa Bay Arena, Series 2005, 5.000%,
|
10/15 at 100.00
|
AA+
|
1,104,720
|
|
|
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+
|
2,786,563
|
|
|
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
|
Baa2
|
1,709,797
|
1,830
|
|
5.000%, 5/01/27 – NPFG Insured
|
5/15 at 102.00
|
Baa2
|
1,888,999
|
1,480
|
|
Jacksonville, Florida, Better Jacksonville Sales Tax Revenue Bonds, Series 2003, 5.250%,
|
10/13 at 100.00
|
A1 (5)
|
1,565,337
|
|
|
10/01/20 (Pre-refunded 10/01/13) – NPFG Insured
|
|
|
|
1,500
|
|
JEA, Florida, Water and Sewerage System Revenue Bonds, Crossover Refunding Series 2007B,
|
10/14 at 100.00
|
AA
|
1,615,650
|
|
|
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
|
AA
|
1,054,000
|
|
|
FGIC Insured
|
|
|
|
1,450
|
|
Jupiter, Florida, Water Revenue Bonds, Series 2003, 5.000%, 10/01/22 – AMBAC Insured
|
10/13 at 100.00
|
AAA
|
1,522,529
|
|
|
Lakeland, Florida, Utility Tax Revenue Bonds, Series 2003B:
|
|
|
|
1,730
|
|
5.000%, 10/01/18 – AMBAC Insured
|
10/12 at 100.00
|
N/R
|
1,737,128
|
2,000
|
|
5.000%, 10/01/19 – AMBAC Insured
|
10/12 at 100.00
|
N/R
|
2,007,660
|
4,665
|
|
Lee County, Florida, Airport Revenue Refunding Bonds, Series 2011A, 5.375%, 10/01/32 – AGM
|
8/21 at 100.00
|
AA–
|
5,237,722
|
|
|
Insured (Alternative Minimum Tax)
|
|
|
|
1,230
|
|
Lee County, Florida, Local Option Gas Tax Revenue Bonds, Series 2004, 5.000%, 10/01/20 –
|
10/14 at 100.00
|
A2
|
1,292,213
|
|
|
FGIC Insured
|
|
|
|
1,505
|
|
Lee County, Florida, Transportation Facilities Revenue Bonds, Series 2004B, 5.000%, 10/01/21 –
|
10/14 at 100.00
|
A–
|
1,597,362
|
|
|
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
|
1,041,920
|
|
|
NPFG Insured
|
|
|
|
3,000
|
|
Leesburg, Florida, Utility Revenue Bonds, Series 2007, 5.000%, 10/01/37 – NPFG Insured
|
10/17 at 100.00
|
Aa3
|
3,214,530
|
2,000
|
|
Manatee County, Florida, Public Utilities Revenue Bonds, Series 2003, 5.125%, 10/01/20
|
10/13 at 100.00
|
Aa2 (5)
|
2,113,620
|
|
|
(Pre-refunded 10/01/13) – NPFG Insured
|
|
|
|
|
|
Marco Island, Florida, Water Utility System Revenue Bonds, Series 2003:
|
|
|
|
1,350
|
|
5.250%, 10/01/17 (Pre-refunded 10/01/13) – NPFG Insured
|
10/13 at 100.00
|
Aa3 (5)
|
1,428,665
|
1,000
|
|
5.250%, 10/01/18 (Pre-refunded 10/01/13) – NPFG Insured
|
10/13 at 100.00
|
Aa3 (5)
|
1,058,270
|
2,000
|
|
Marco Island, Florida, Water Utility System Revenue Bonds, Series 2003, 5.000%, 10/01/27 –
|
10/13 at 100.00
|
Aa3
|
2,085,960
|
|
|
NPFG Insured
|
|
|
|
2,200
|
|
Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2002A,
|
10/12 at 100.00
|
AA–
|
2,204,466
|
|
|
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
|
5,649,813
|
35,920
|
|
5.375%, 10/01/32 – FGIC Insured (Alternative Minimum Tax)
|
10/12 at 100.00
|
A2
|
36,003,331
|
12,930
|
|
Miami-Dade County, Florida, Public Facilities Revenue Bonds, Jackson Health System, Series
|
12/15 at 100.00
|
Aa3
|
13,270,706
|
|
|
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
|
5,507,636
|
|
|
2005B, 5.000%, 6/01/25 – NPFG Insured
|
|
|
|
18,000
|
|
Miami-Dade County, Florida, Subordinate Special Obligation Bonds, Series 1997A, 0.000%,
|
10/12 at 62.21
|
A+
|
11,105,640
|
|
|
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
|
3,279,600
|
|
|
7/01/35 – AGM Insured
|
|
|
|
2,000
|
|
Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Refunding Series 2008B,
|
No Opt. Call
|
Aa2
|
2,547,700
|
|
|
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
|
BBB
|
1,374,237
|
2,145
|
|
5.000%, 8/01/29 – NPFG Insured
|
8/15 at 102.00
|
BBB
|
2,264,133
|
2,000
|
|
Okaloosa County, Florida, Water and Sewer Revenue Bonds, Series 2006, 5.000%, 7/01/36 –
|
7/16 at 100.00
|
AA–
|
2,124,280
|
|
|
AGM Insured
|
|
|
|
7,000
|
|
Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Orlando Health, Inc.,
|
4/22 at 100.00
|
A
|
7,565,040
|
|
|
Series 2012A, 5.000%, 10/01/42
|
|
|
|
1,000
|
|
Orange County School Board, Florida, Certificates of Participation, Series 2007A, 5.000%,
|
8/17 at 100.00
|
AA
|
1,103,700
|
|
|
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+
|
3,237,685
|
2,500
|
|
Orange County, Florida, Tourist Development Tax Revenue Bonds, Series 2006, 5.000%, 10/01/31 –
|
10/16 at 100.00
|
AA–
|
2,644,600
|
|
|
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
|
2,660,125
|
7,820
|
|
5.000%, 4/01/23 – NPFG Insured
|
4/14 at 100.00
|
Aa3
|
8,263,394
|
1,750
|
|
Palm Bay, Florida, Utility System Revenue Bonds, Palm Bay Utility Corporation, Series 2003,
|
10/13 at 100.00
|
Aa3
|
1,835,015
|
|
|
5.000%, 10/01/20 – NPFG Insured
|
|
|
|
1,065
|
|
Palm Beach County Housing Finance Authority, Florida, Multifamily Housing Revenue Bonds,
|
1/13 at 100.00
|
AA–
|
1,066,598
|
|
|
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– (5)
|
2,299,490
|
|
|
8/01/24 (Pre-refunded 8/01/14) – FGIC Insured
|
|
|
|
3,000
|
|
Palm Beach County School Board, Florida, Certificates of Participation, Series 2007E, 5.000%,
|
8/17 at 100.00
|
AA–
|
3,337,770
|
|
|
8/01/27 – NPFG Insured
|
|
|
|
8,000
|
|
Palm Beach County Solid Waste Authority, Florida, Revenue Bonds, Series 2002B, 0.000%,
|
No Opt. Call
|
AA+
|
7,840,800
|
|
|
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
|
A1
|
1,043,820
|
500
|
|
5.250%, 10/01/20 – NPFG Insured
|
10/13 at 100.00
|
A1
|
521,910
|
500
|
|
5.250%, 10/01/21 – NPFG Insured
|
10/13 at 100.00
|
A1
|
521,195
|
3,000
|
|
Pasco County, Florida, Water and Sewer Revenue Bonds, Series 2006 Refunding, 5.000%,
|
4/16 at 100.00
|
AA
|
3,347,580
|
|
|
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
|
2,322,945
|
1,300
|
|
5.000%, 8/15/21 – AGM Insured
|
8/13 at 100.00
|
Aa3
|
1,356,394
|
1,170
|
|
Polk County, Florida, Utility System Revenue Bonds, Series 2004A, 5.000%, 10/01/24 –
|
10/14 at 100.00
|
Aa3
|
1,252,029
|
|
|
FGIC Insured
|
|
|
|
1,000
|
|
Port Saint Lucie, Florida, Special Assessment Revenue Bonds, Southwest Annexation District 1B,
|
7/17 at 100.00
|
BBB
|
1,035,620
|
|
|
Series 2007, 5.000%, 7/01/33 – NPFG Insured
|
|
|
|
|
|
Port St. Lucie, Florida, Utility System Revenue Bonds, Refunding Series 2009:
|
|
|
|
5,450
|
|
5.250%, 9/01/35 – AGC Insured
|
9/18 at 100.00
|
AA–
|
6,077,350
|
8,500
|
|
5.000%, 9/01/35 – AGC Insured
|
9/18 at 100.00
|
AA–
|
9,307,500
|
1,830
|
|
Port St. Lucie, Florida, Utility System Revenue Bonds, Series 2003, 5.000%, 9/01/21
|
9/13 at 100.00
|
AA– (5)
|
1,925,252
|
|
|
(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
|
AA– (5)
|
1,070,130
|
|
|
(Pre-refunded 9/01/14) – NPFG Insured
|
|
|
|
1,895
|
|
Reedy Creek Improvement District, Orange and Osceola Counties, Florida, General Obligation
|
6/15 at 100.00
|
Aa3
|
2,075,233
|
|
|
Bonds, Series 2005B, 5.000%, 6/01/25 – AMBAC Insured
|
|
|
|
4,260
|
|
Saint Lucie County School Board, Florida, Certificates of Participation, Master Lease Program,
|
7/14 at 100.00
|
AA–
|
4,572,088
|
|
|
Series 2004A, 5.000%, 7/01/24 – AGM Insured
|
|
|
|
|
|
Sebring, Florida, Water and Wastewater Revenue Refunding Bonds, Series 2002:
|
|
|
|
1,360
|
|
5.250%, 1/01/17 (Pre-refunded 1/01/13) – FGIC Insured
|
1/13 at 100.00
|
AA– (5)
|
1,388,043
|
770
|
|
5.250%, 1/01/18 (Pre-refunded 1/01/13) – FGIC Insured
|
1/13 at 100.00
|
AA– (5)
|
785,877
|
500
|
|
5.250%, 1/01/20 (Pre-refunded 1/01/13) – FGIC Insured
|
1/13 at 100.00
|
AA– (5)
|
510,310
|
5,740
|
|
Seminole County, Florida, Water and Sewer Revenue Refunding and Improvement Bonds, Series
|
No Opt. Call
|
Aa2 (5)
|
7,008,770
|
|
|
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
|
Aa2
|
3,830,121
|
|
|
1992, 6.000%, 10/01/19 – NPFG Insured
|
|
|
|
|
|
St. Lucie County, Florida, Utility System Revenue Refunding Bonds, Series 1993:
|
|
|
|
5,005
|
|
5.500%, 10/01/15 – FGIC Insured (ETM)
|
No Opt. Call
|
N/R (5)
|
5,409,354
|
1,200
|
|
5.500%, 10/01/21 – FGIC Insured (ETM)
|
No Opt. Call
|
N/R (5)
|
1,522,740
|
|
|
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
|
1,546,479
|
1,555
|
|
5.125%, 10/01/21 – AGM Insured
|
10/13 at 100.00
|
Aa3
|
1,628,863
|
2,500
|
|
Tallahassee, Florida, Energy System Revenue Bonds, Series 2005, 5.000%, 10/01/29 – NPFG Insured
|
10/15 at 100.00
|
AA
|
2,738,225
|
400
|
|
Tamarac, Florida, Utility System Revenue Bonds, Series 2009, 5.000%, 10/01/39 – AGC Insured
|
10/19 at 100.00
|
Aa2
|
451,640
|
1,765
|
|
Tampa Sports Authority, Hillsborough County, Florida, Local Option Sales Tax Payments Revenue
|
1/15 at 100.00
|
AA+
|
1,923,162
|
|
|
Bonds, Stadium Project, Series 2005, 5.000%, 1/01/22 – AGM Insured
|
|
|
|
1,500
|
|
Tampa, Florida, Healthcare System Revenue Bonds, Allegany Health System – St. Joseph’s
|
12/12 at 100.00
|
Aaa
|
1,519,800
|
|
|
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
|
Aa3
|
10,656,935
|
1,390
|
|
Venice, Florida, General Obligation Bonds, Series 2004, 5.000%, 2/01/24 – AMBAC Insured
|
2/14 at 100.00
|
AA+
|
1,470,425
|
4,275
|
|
Volusia County School Board, Florida, Certificates of Participation, Series 2005B, 5.000%,
|
8/15 at 100.00
|
Aa3
|
4,509,484
|
|
|
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–
|
2,171,460
|
12,000
|
|
Volusia County, Florida, School Board Certificates of Participation, Master Lease Program
|
8/17 at 100.00
|
Aa3
|
12,748,440
|
|
|
Series 2007, 5.000%, 8/01/32 – AGM Insured
|
|
|
|
1,785
|
|
Volusia County, Florida, Tax Revenue Bonds, Tourist Development, Series 2004, 5.000%,
|
12/14 at 100.00
|
Aa3
|
1,867,592
|
|
|
12/01/24 – AGM Insured
|
|
|
|
333,145
|
|
Total Florida
|
|
|
344,985,860
|
|
|
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–
|
1,070,180
|
|
|
AGM Insured
|
|
|
|
10,000
|
|
Atlanta, Georgia, Water and Wastewater Revenue Bonds, Series 2009B, 5.375%, 11/01/39 –
|
11/19 at 100.00
|
AA–
|
11,435,100
|
|
|
AGM Insured
|
|
|
|
1,155
|
|
Augusta, Georgia, Water and Sewerage Revenue Bonds, Series 2004, 5.250%, 10/01/39 –
|
10/14 at 100.00
|
AA–
|
1,246,765
|
|
|
AGM Insured
|
|
|
|
2,825
|
|
Cherokee County Water and Sewerage Authority, Georgia, Revenue Bonds, Refunding Series 2007,
|
8/20 at 100.00
|
AA
|
3,128,151
|
|
|
4.000%, 8/01/26
|
|
|
|
1,520
|
|
College Park Business and Industrial Development Authority, Georgia, Revenue Bonds, Public
|
9/14 at 102.00
|
AA–
|
1,673,414
|
|
|
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
|
1,811,819
|
1,135
|
|
5.250%, 5/01/20 – NPFG Insured
|
5/14 at 100.00
|
Aa3
|
1,210,148
|
4,500
|
|
5.000%, 5/01/36 – NPFG Insured
|
5/14 at 100.00
|
Aa3
|
4,623,795
|
2,250
|
|
Gwinnett County Hospital Authority, Georgia, Revenue Anticipation Certificates, Gwinnett
|
7/19 at 100.00
|
Aa3
|
2,535,300
|
|
|
Hospital System Inc. Project, Series 2007C, 5.500%, 7/01/39 – AGM Insured
|
|
|
|
26,080
|
|
Total Georgia
|
|
|
28,734,672
|
|
|
Idaho – 1.1% (0.7% of Total Investments)
|
|
|
|
12,930
|
|
Idaho Health Facilities Authority, Revenue Bonds, Saint Luke’s Health System Project, Series
|
3/22 at 100.00
|
A
|
13,920,567
|
|
|
2012A, 5.000%, 3/01/47 – AGM Insured
|
|
|
|
50
|
|
Idaho Housing Agency, Single Family Mortgage Senior Bonds, Series 1995B, 6.600%, 7/01/27
|
1/13 at 100.00
|
Aaa
|
50,233
|
|
|
(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
|
1,129,730
|
1,065
|
|
5.000%, 7/15/24 – NPFG Insured
|
7/16 at 100.00
|
Aa2
|
1,203,162
|
15,045
|
|
Total Idaho
|
|
|
16,303,692
|
|
|
Illinois – 8.6% (5.8% 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–
|
1,160,040
|
7,000
|
|
Chicago, Illinois, General Airport Revenue Bonds, O’Hare International Airport, Third Lien
|
1/20 at 100.00
|
AA–
|
7,849,730
|
|
|
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
|
A2
|
7,985,304
|
|
|
Series 2005A, 5.250%, 1/01/24 – NPFG Insured
|
|
|
|
10,000
|
|
Chicago, Illinois, Water Revenue Bonds, Refunding Second Lien Series 2012-2, 5.000%, 11/01/42
|
11/22 at 100.00
|
AA
|
11,407,000
|
6,775
|
|
De Witt, Ford, Livingston, Logan, Mc Lean and Tazewell Community College District 540,
|
12/17 at 100.00
|
Aa2
|
6,601,696
|
|
|
Illinois, General Obligation Bonds, Series 2007, 3.000%, 12/01/26 – AGM Insured
|
|
|
|
10,580
|
|
Illinois Development Finance Authority, Revenue Bonds, Provena Health, Series 1998A, 5.500%,
|
11/12 at 100.00
|
Baa1
|
10,626,340
|
|
|
5/15/21 – NPFG Insured
|
|
|
|
3,295
|
|
Illinois Educational Facilities Authority, Revenue Bonds, Robert Morris College, Series 2000,
|
12/12 at 100.00
|
Baa2
|
3,299,448
|
|
|
5.800%, 6/01/30 – NPFG Insured
|
|
|
|
6,720
|
|
Illinois Finance Authority, Revenue Bonds, The Carle Foundation, Series 2011A, 6.000%,
|
8/21 at 100.00
|
AA–
|
7,794,528
|
|
|
8/15/41 – AGM Insured
|
|
|
|
14,965
|
|
Illinois Finance Authority, Revenue Bonds, The University of Chicago, Series 2012A,
|
10/21 at 100.00
|
Aa1
|
16,956,243
|
|
|
5.000%, 10/01/51
|
|
|
|
|
|
Illinois State, General Obligation Bonds, Refunding Series 2012:
|
|
|
|
3,160
|
|
5.000%, 8/01/21
|
No Opt. Call
|
A
|
3,629,987
|
1,225
|
|
5.000%, 8/01/22
|
No Opt. Call
|
A
|
1,411,984
|
2,740
|
|
5.000%, 8/01/23
|
No Opt. Call
|
A
|
3,152,041
|
1,055
|
|
5.000%, 8/01/24
|
No Opt. Call
|
A
|
1,193,743
|
270
|
|
5.000%, 8/01/25
|
No Opt. Call
|
A
|
303,078
|
5,405
|
|
Illinois Toll Highway Authority, State Toll Highway Authority Revenue Bonds, Series 2006A-1,
|
7/16 at 100.00
|
AA–
|
6,093,759
|
|
|
5.000%, 1/01/24 – AGM Insured
|
|
|
|
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
|
|
|
|
|
Project, Capital Appreciation Refunding Series 2010B-1:
|
|
|
|
20,000
|
|
0.000%, 6/15/45 – AGM Insured
|
No Opt. Call
|
AAA
|
3,801,800
|
15,000
|
|
0.000%, 6/15/46 – AGM Insured
|
No Opt. Call
|
AAA
|
2,693,100
|
20,045
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
No Opt. Call
|
AAA
|
6,577,566
|
|
|
Project, Series 2002A, 0.000%, 12/15/35 – AGM Insured
|
|
|
|
5,920
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
6/20 at 100.00
|
AAA
|
7,400,947
|
|
|
Project, Tender Option Bond Trust 3861, 13.577%, 6/15/42 (IF) (6)
|
|
|
|
|
|
Schaumburg, Illinois, General Obligation Bonds, Series 2004B:
|
|
|
|
4,260
|
|
5.000%, 12/01/22 (Pre-refunded 12/01/14) – FGIC Insured
|
12/14 at 100.00
|
Aaa
|
4,719,398
|
2,365
|
|
5.000%, 12/01/23 (Pre-refunded 12/01/14) – FGIC Insured
|
12/14 at 100.00
|
Aaa
|
2,620,042
|
4,000
|
|
Southwestern Illinois Development Authority, School Revenue Bonds, Triad School District 2,
|
No Opt. Call
|
A+
|
2,230,080
|
|
|
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–
|
1,175,297
|
1,035
|
|
7.000%, 12/01/22 – AGM Insured
|
12/20 at 100.00
|
AA–
|
1,281,299
|
1,155
|
|
7.000%, 12/01/23 – AGM Insured
|
12/20 at 100.00
|
AA–
|
1,427,880
|
1,065
|
|
7.000%, 12/01/26 – AGM Insured
|
12/20 at 100.00
|
AA–
|
1,297,724
|
2,085
|
|
7.250%, 12/01/29 – AGM Insured
|
12/20 at 100.00
|
AA–
|
2,549,788
|
2,295
|
|
7.250%, 12/01/30 – AGM Insured
|
12/20 at 100.00
|
AA–
|
2,794,438
|
161,595
|
|
Total Illinois
|
|
|
130,034,280
|
|
|
Indiana – 3.9% (2.6% of Total Investments)
|
|
|
|
2,030
|
|
Decatur Township-Marion County Multi-School Building Corporation, Indiana, First Mortgage
|
7/13 at 100.00
|
AA+ (5)
|
2,123,421
|
|
|
Bonds, Series 2003, 5.000%, 7/15/20 (Pre-refunded 7/15/13) – FGIC Insured
|
|
|
|
3,450
|
|
Indiana Finance Authority, Midwestern Disaster Relief Revenue Bonds, Ohio Valley Electric
|
6/22 at 100.00
|
BBB–
|
3,594,003
|
|
|
Corporation Project, Series 2012A, 5.000%, 6/01/39 – AGM Insured
|
|
|
|
5,000
|
|
Indiana Finance Authority, Revenue Bonds, Trinity Health Care Group, Refunding Series 2010B.,
|
12/20 at 100.00
|
AA
|
5,456,600
|
|
|
5.000%, 12/01/37
|
|
|
|
8,500
|
|
Indiana Municipal Power Agency, Power Supply Revenue Bonds, Series 2007A, 5.000%, 1/01/42 –
|
1/17 at 100.00
|
A+
|
9,163,425
|
|
|
NPFG Insured
|
|
|
|
5,000
|
|
Indianapolis Local Public Improvement Bond Bank Bonds, Indiana, PILOT Infrastructure Project
|
1/20 at 100.00
|
AA
|
5,687,100
|
|
|
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
|
11,390,800
|
|
|
AMBAC Insured
|
|
|
|
9,615
|
|
Indianapolis Local Public Improvement Bond Bank, Indiana, Waterworks Project Series 2009A,
|
1/19 at 100.00
|
AA–
|
10,927,159
|
|
|
5.500%, 1/01/38 – AGC Insured
|
|
|
|
1,340
|
|
Monroe-Gregg Grade School Building Corporation, Morgan County, Indiana, First Mortgage Bonds,
|
1/14 at 100.00
|
AA+ (5)
|
1,432,648
|
|
|
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)
|
5,229,100
|
|
|
Project, Series 2003, 5.000%, 1/15/28 (Pre-refunded 7/15/13) – AMBAC Insured
|
|
|
|
3,705
|
|
Whitley County Middle School Building Corporation, Columbia City, Indiana, First Mortgage
|
7/13 at 100.00
|
Aa3 (5)
|
3,875,504
|
|
|
Bonds, Series 2003, 5.000%, 7/15/16 (Pre-refunded 7/15/13) – AGM Insured
|
|
|
|
63,640
|
|
Total Indiana
|
|
|
58,879,760
|
|
|
Kansas – 0.7% (0.4% of Total Investments)
|
|
|
|
2,055
|
|
Kansas Turnpike Authority, Revenue Bonds, Series 2004A-2, 5.000%, 9/01/23 (Pre-refunded
|
9/14 at 101.00
|
AA– (5)
|
2,275,625
|
|
|
9/01/14) – AGM Insured
|
|
|
|
|
|
Neosho County Unified School District 413, Kansas, General Obligation Bonds, Series 2006:
|
|
|
|
2,145
|
|
5.000%, 9/01/27 (Pre-refunded 9/01/14) – AGM Insured
|
9/14 at 100.00
|
Aa3 (5)
|
2,353,044
|
4,835
|
|
5.000%, 9/01/29 (Pre-refunded 9/01/14) – AGM Insured
|
9/14 at 100.00
|
Aa3 (5)
|
5,303,947
|
9,035
|
|
Total Kansas
|
|
|
9,932,616
|
|
|
Kentucky – 2.2% (1.5% of Total Investments)
|
|
|
|
3,870
|
|
Kenton County School District Finance Corporation, Kentucky, School Building Revenue Bonds,
|
6/14 at 100.00
|
Aa3 (5)
|
4,200,266
|
|
|
Series 2004, 5.000%, 6/01/20 (Pre-refunded 6/01/14) – 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–
|
4,719,004
|
10,000
|
|
5.250%, 2/01/24 – AGC Insured
|
2/19 at 100.00
|
AA–
|
11,838,600
|
7,500
|
|
Kentucky Turnpike Authority, Economic Development Road Revenue Bonds, Revitalization Project,
|
7/16 at 100.00
|
AA+
|
8,514,675
|
|
|
Series 2006B, 5.000%, 7/01/25 – AMBAC Insured
|
|
|
|
4,000
|
|
Louisville/Jefferson County Metro Government, Kentucky, Revenue Bonds, Catholic Health
|
6/22 at 100.00
|
AA
|
4,493,600
|
|
|
Initiatives, Series 2012A, 5.000%, 12/01/35
|
|
|
|
29,230
|
|
Total Kentucky
|
|
|
33,766,145
|
|
|
Louisiana – 4.4% (2.9% of Total Investments)
|
|
|
|
3,330
|
|
Jefferson Parish Hospital District1, Louisiana, Hospital Revenue Bonds, West Jefferson Medical
|
1/21 at 100.00
|
AA–
|
3,883,413
|
|
|
Center, Refunding Series 2011A, 6.000%, 1/01/39 – AGM Insured
|
|
|
|
3,025
|
|
Lafayette City and Parish, Louisiana, Utilities Revenue Bonds, Series 2004, 5.250%, 11/01/22 –
|
11/14 at 100.00
|
A+
|
3,276,045
|
|
|
NPFG Insured
|
|
|
|
4,515
|
|
Louisiana Public Facilities Authority, Revenue Bonds, Baton Rouge General Hospital, Series
|
7/14 at 100.00
|
BBB
|
4,780,301
|
|
|
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 (Pre-refunded 5/01/15) – FGIC Insured
|
5/15 at 100.00
|
Aa1 (5)
|
2,699,640
|
4,415
|
|
5.000%, 5/01/26 (Pre-refunded 5/01/15) – FGIC Insured
|
5/15 at 100.00
|
Aa1 (5)
|
4,966,213
|
5,000
|
|
5.000%, 5/01/27 (Pre-refunded 5/01/15) – FGIC Insured
|
5/15 at 100.00
|
Aa1 (5)
|
5,624,250
|
|
|
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
|
Aa1
|
3,543,012
|
35,725
|
|
4.500%, 5/01/41 – FGIC Insured (UB)
|
5/16 at 100.00
|
Aa1
|
37,411,577
|
38
|
|
Louisiana State, Gasoline and Fuels Tax Revenue Bonds, Series 2006, Residuals 660-1, 15.835%,
|
5/16 at 100.00
|
Aa1
|
45,570
|
|
|
5/01/34 – FGIC Insured (IF)
|
|
|
|
61,748
|
|
Total Louisiana
|
|
|
66,230,021
|
|
|
Maine – 0.2% (0.1% of Total Investments)
|
|
|
|
3,000
|
|
Maine Health and Higher Educational Facilities Authority, Revenue Bonds, Series 2003B, 5.000%,
|
7/13 at 100.00
|
Aaa
|
3,124,020
|
|
|
7/01/28 (Pre-refunded 7/01/13) – AGM Insured
|
|
|
|
|
|
Maryland – 0.4% (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
|
BB+
|
5,484,772
|
|
|
9/01/28 – SYNCORA GTY Insured
|
|
|
|
|
|
Massachusetts – 3.4% (2.3% of Total Investments)
|
|
|
|
4,500
|
|
Massachusetts Department of Transportation, Metropolitan Highway System Revenue Bonds,
|
1/20 at 100.00
|
AA+
|
5,092,785
|
|
|
Commonwealth Contract Assistance Secured, Refunding Series 2010B, 5.000%, 1/01/35
|
|
|
|
5,330
|
|
Massachusetts Health and Educational Facilities Authority, Revenue Bonds, Harvard University,
|
12/19 at 100.00
|
AAA
|
8,127,504
|
|
|
Tender Option Bond Trust 2010-20W, 13.855%, 12/15/34 (IF) (6)
|
|
|
|
11,000
|
|
Massachusetts School Building Authority, Dedicated Sales Tax Revenue Bonds, Series 2005A,
|
8/15 at 100.00
|
AA+ (5)
|
12,525,040
|
|
|
5.000%, 8/15/23 (Pre-refunded 8/15/15) – AGM Insured (UB)
|
|
|
|
15,000
|
|
Massachusetts State, Special Obligation Dedicated Tax Revenue Bonds, Series 2004, 5.250%,
|
1/14 at 100.00
|
A1 (5)
|
16,052,100
|
|
|
1/01/23 (Pre-refunded 1/01/14) – FGIC Insured
|
|
|
|
7,255
|
|
Massachusetts Water Resources Authority, General Revenue Bonds Series 2007A, 4.500%, 8/01/46 –
|
2/17 at 100.00
|
AA+
|
7,594,679
|
|
|
AGM Insured (UB) (6)
|
|
|
|
1,500
|
|
University of Massachusetts Building Authority, Senior Lien Project Revenue Bonds, Series
|
11/14 at 100.00
|
AA (5)
|
1,667,880
|
|
|
2004-1, 5.375%, 11/01/20 (Pre-refunded 11/01/14) – AMBAC Insured
|
|
|
|
44,585
|
|
Total Massachusetts
|
|
|
51,059,988
|
|
|
Michigan – 3.4% (2.3% of Total Investments)
|
|
|
|
5,490
|
|
Detroit City School District, Wayne County, Michigan, Unlimited Tax School Building and Site
|
No Opt. Call
|
Aa2
|
6,824,454
|
|
|
Improvement Bonds, Series 2001A 6.000%, 5/01/29 – AGM Insured (UB)
|
|
|
|
1,695
|
|
Detroit Water and Sewerage Department, Michigan, Sewage Disposal System Revenue Bonds,
|
7/22 at 100.00
|
A+
|
1,790,869
|
|
|
Refunding Senior Lien Series 2012A, 5.250%, 7/01/39
|
|
|
|
6,000
|
|
Detroit, Michigan, General Obligation Bonds, Series 2001A-1, 5.375%, 4/01/18 – NPFG Insured
|
10/12 at 100.00
|
BBB
|
5,764,560
|
2,000
|
|
Detroit, Michigan, Sewage Disposal System Revenue Bonds, Series 2001D-2, 5.500%, 7/01/32 –
|
1/13 at 100.00
|
A
|
1,372,393
|
|
|
NPFG Insured (7)
|
|
|
|
575
|
|
Grand Rapids Community College, Kent County, Michigan, General Obligation Refunding Bonds,
|
5/13 at 100.00
|
Aa1
|
595,470
|
|
|
Series 2003, 5.250%, 5/01/20 – AMBAC Insured
|
|
|
|
510
|
|
Grand Rapids Community College, Kent County, Michigan, General Obligation Refunding Bonds,
|
5/13 at 100.00
|
Aa1 (5)
|
529,273
|
|
|
Series 2003, 5.250%, 5/01/20 (Pre-refunded 5/01/13) – AMBAC Insured
|
|
|
|
3,000
|
|
Michigan Public Power Agency, AFEC Project Revenue Bonds, Series 2012A, 5.000%, 1/01/43 –
|
1/22 at 100.00
|
A2
|
3,183,780
|
|
|
AGM Insured
|
|
|
|
8,260
|
|
Michigan State Building Authority, Revenue Refunding Bonds, Facilities Program, Series
|
10/21 at 100.00
|
Aa3
|
9,515,024
|
|
|
2011-II-A, 5.375%, 10/15/41
|
|
|
|
11,000
|
|
Michigan State Hospital Finance Authority, Revenue Bonds, Trinity Health Care Group, Series
|
6/22 at 100.00
|
AA
|
12,055,230
|
|
|
2009C, 5.000%, 12/01/48
|
|
|
|
10,000
|
|
Wayne Charter County, Michigan, Limited Tax General Obligation Airport Hotel Revenue Bonds,
|
12/12 at 100.00
|
BBB+
|
10,045,900
|
|
|
Detroit Metropolitan Wayne County Airport, Series 2001A, 5.250%, 12/01/25 – NPFG Insured
|
|
|
|
48,530
|
|
Total Michigan
|
|
|
51,676,953
|
|
|
Minnesota – 1.1% (0.8% of Total Investments)
|
|
|
|
|
|
Central Minnesota Municipal Power Agency, Revenue Bonds, Brookings – Southeast Twin Cities
|
|
|
|
|
|
Transmission Project, Series 2012:
|
|
|
|
610
|
|
5.000%, 1/01/32
|
1/22 at 100.00
|
A–
|
700,518
|
145
|
|
5.000%, 1/01/42
|
1/22 at 100.00
|
A–
|
162,009
|
5,000
|
|
Minneapolis, Minnesota, Health Care System Revenue Bonds,S Fairview Health Services, Series
|
11/18 at 100.00
|
AA–
|
6,000,650
|
|
|
2008B, 6.500%, 11/15/38 – AGC Insured
|
|
|
|
5,020
|
|
Minnesota State, General Obligation Bonds, Various Purpose, Refunding Series 2010D,
|
No Opt. Call
|
AA+
|
6,212,601
|
|
|
5.000%, 8/01/18
|
|
|
|
4,000
|
|
Northern Municipal Power Agency, Minnesota, Electric System Revenue Bonds, Refunding Series
|
No Opt. Call
|
AA–
|
4,412,960
|
|
|
2009A, 5.000%, 1/01/15 – AGC Insured
|
|
|
|
14,775
|
|
Total Minnesota
|
|
|
17,488,738
|
|
|
Missouri – 0.3% (0.2% of Total Investments)
|
|
|
|
4,125
|
|
St. Louis, Missouri, Airport Revenue Bonds, Lambert-St. Louis International Airport, Series
|
No Opt. Call
|
A–
|
4,877,359
|
|
|
2005, 5.500%, 7/01/29 – NPFG Insured
|
|
|
|
|
|
Montana – 0.2% (0.2% of Total Investments)
|
|
|
|
3,000
|
|
Montana Facility Finance Authority, Hospital Revenue Bonds, Benefis Health System Obligated
|
1/21 at 100.00
|
AA–
|
3,513,360
|
|
|
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, 4.750%, 9/01/37 –
|
9/17 at 100.00
|
AA
|
28,891,109
|
|
|
FGIC Insured (UB) (6)
|
|
|
|
5,000
|
|
Municipal Energy Agency of Nebraska, Power Supply System Revenue and Refunding Bonds, Series
|
4/19 at 100.00
|
AA+
|
5,759,750
|
|
|
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–
|
1,082,130
|
|
|
AGM Insured
|
|
|
|
33,125
|
|
Total Nebraska
|
|
|
35,732,989
|
|
|
Nevada – 5.3% (3.6% of Total Investments)
|
|
|
|
7,000
|
|
Clark County School District, Nevada, General Obligation Bonds, Refunding Series 2005A,
|
6/15 at 101.00
|
AA–
|
7,832,650
|
|
|
5.000%, 6/15/19 – FGIC Insured
|
|
|
|
3,500
|
|
Clark County School District, Nevada, General Obligation Bonds, Series 2004B, 5.000%,
|
6/14 at 100.00
|
AA–
|
3,790,920
|
|
|
6/15/18 – AGM Insured
|
|
|
|
3,000
|
|
Clark County, Nevada, Airport Revenue Bonds, Subordinate Lien Series 2009C, 5.000%, 7/01/26 –
|
7/19 at 100.00
|
AA–
|
3,373,200
|
|
|
AGM Insured
|
|
|
|
|
|
Clark County, Nevada, General Obligation Bank Bonds, Southern Nevada Water Authority Loan,
|
|
|
|
|
|
Series 2002:
|
|
|
|
3,630
|
|
5.000%, 6/01/32 (Pre-refunded 12/01/12) – NPFG Insured
|
12/12 at 100.00
|
AA+ (5)
|
3,688,625
|
8,475
|
|
5.000%, 6/01/32 (Pre-refunded 12/01/12) – NPFG Insured
|
12/12 at 100.00
|
AA+ (5)
|
8,611,532
|
16,840
|
|
Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran
|
1/20 at 100.00
|
AA–
|
18,907,784
|
|
|
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
|
A+
|
7,857,599
|
|
|
7/01/25 – FGIC Insured
|
|
|
|
10,285
|
|
Henderson, Nevada, General Obligation Sewer Bonds, Series 2004, 5.000%, 6/01/34 (Pre-refunded
|
12/14 at 100.00
|
AA (5)
|
11,396,089
|
|
|
12/01/14) – FGIC Insured
|
|
|
|
14,985
|
|
Reno, Nevada, Capital Improvement Revenue Bonds, Series 2002, 5.375%, 6/01/32 – NPFG Insured
|
1/13 at 100.00
|
A3
|
15,003,132
|
75,085
|
|
Total Nevada
|
|
|
80,461,531
|
|
|
New Jersey – 5.0% (3.3% 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
|
2,183,140
|
2,250
|
|
5.125%, 10/01/22 – NPFG Insured
|
10/14 at 100.00
|
Aa2
|
2,452,973
|
|
|
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
|
4,119,885
|
3,850
|
|
5.000%, 7/01/23 – NPFG Insured
|
7/14 at 100.00
|
A
|
4,119,885
|
5,900
|
|
5.000%, 7/01/29 – NPFG Insured
|
7/14 at 100.00
|
A
|
6,287,512
|
26,000
|
|
New Jersey Turnpike Authority, Revenue Bonds, Refunding Series 2005D-1, 5.250%, 1/01/26 –
|
No Opt. Call
|
AA–
|
33,099,817
|
|
|
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+
|
8,577,443
|
2,000
|
|
5.000%, 1/01/23 – AGM Insured
|
7/13 at 100.00
|
AA–
|
2,069,800
|
3,320
|
|
New Jersey Turnpike Authority, Revenue Bonds, Series 2005A, 5.000%, 1/01/21 – AGM Insured
|
1/15 at 100.00
|
AA–
|
3,578,694
|
|
|
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,
|
|
|
|
|
|
Series 2007-1A:
|
|
|
|
6,715
|
|
4.500%, 6/01/23
|
6/17 at 100.00
|
B1
|
6,409,333
|
605
|
|
4.625%, 6/01/26
|
6/17 at 100.00
|
B1
|
550,865
|
1,330
|
|
Washington Township Board of Education, Mercer County, New Jersey, General Obligation Bonds,
|
No Opt. Call
|
Aa3
|
1,749,136
|
|
|
Series 2005, 5.250%, 1/01/26 – AGM Insured
|
|
|
|
66,070
|
|
Total New Jersey
|
|
|
75,198,483
|
|
|
New Mexico – 1.2% (0.8% of Total Investments)
|
|
|
|
3,660
|
|
San Juan County, New Mexico, Subordinate Gross Receipts Tax Revenue Bonds, Series 2005,
|
6/15 at 100.00
|
A+
|
4,024,719
|
|
|
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
|
14,888,464
|
|
|
5.000%, 6/01/36 – AGM Insured
|
|
|
|
17,260
|
|
Total New Mexico
|
|
|
18,913,183
|
|
|
New York – 7.2% (4.9% 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
|
2,030,362
|
|
|
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
|
8,360,337
|
|
|
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
|
3,690,077
|
|
|
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
|
3,931,277
|
|
|
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
|
13,959,625
|
|
|
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
|
7,144,605
|
|
|
5/01/33 – NPFG Insured
|
|
|
|
2,800
|
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A, 5.000%,
|
5/21 at 100.00
|
AA–
|
3,144,344
|
|
|
5/01/36 – AGM Insured
|
|
|
|
3,025
|
|
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue
|
2/21 at 100.00
|
Aa2
|
3,495,962
|
|
|
Bonds, Unity Hospital of Rochestor 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–
|
3,215,744
|
|
|
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
|
5,637,950
|
|
|
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
|
11,028,900
|
|
|
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+
|
5,466,900
|
|
|
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–
|
15,471,260
|
|
|
AGM Insured
|
|
|
|
2,000
|
|
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
|
6/13 at 100.00
|
AA–
|
2,080,700
|
|
|
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 (Pre-refunded 3/15/14) – FGIC Insured
|
3/14 at 100.00
|
AAA
|
1,077,000
|
5,000
|
|
5.000%, 3/15/25 (Pre-refunded 3/15/14) – FGIC Insured
|
3/14 at 100.00
|
AAA
|
5,385,000
|
3,650
|
|
New York State Urban Development Corporation, Service Contract Revenue Bonds, Series 2005B,
|
3/15 at 100.00
|
AAA
|
4,094,351
|
|
|
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
|
A+
|
10,110,500
|
|
|
Refunding Bonds, Series 2002E, 5.000%, 11/15/32 – NPFG Insured
|
|
|
|
99,750
|
|
Total New York
|
|
|
109,324,894
|
|
|
North Carolina – 2.5% (1.7% of Total Investments)
|
|
|
|
|
|
Mooresville, North Carolina, Enterprise System Revenue Bonds, Series 2004:
|
|
|
|
2,115
|
|
5.000%, 5/01/22 (Pre-refunded 5/01/14) – FGIC Insured
|
5/14 at 100.00
|
AA– (5)
|
2,287,669
|
2,575
|
|
5.000%, 5/01/26 (Pre-refunded 5/01/14) – FGIC Insured
|
5/14 at 100.00
|
AA– (5)
|
2,785,223
|
13,800
|
|
North Carlolina Medical Care Commission, Health Care Facilities Revenue Bonds, Duke University
|
6/22 at 100.00
|
AA
|
15,502,920
|
|
|
Health System, Series 2012A, 5.000%, 6/01/42
|
|
|
|
4,970
|
|
North Carolina Medical Care Commission, Health Care Facilities Revenue Bonds, Vidant Health,
|
6/22 at 100.00
|
A+
|
5,470,280
|
|
|
Refunding Series 2012A, 5.000%, 6/01/36
|
|
|
|
5,250
|
|
North Carolina Municipal Power Agency 1, Catawba Electric Revenue Bonds, Series 2003A, 5.250%,
|
1/13 at 100.00
|
AA–
|
5,357,783
|
|
|
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
|
3,470,086
|
3,295
|
|
5.000%, 5/01/24 – AMBAC Insured
|
5/15 at 100.00
|
Aa3
|
3,567,529
|
35,210
|
|
Total North Carolina
|
|
|
38,441,490
|
|
|
North Dakota – 0.8% (0.5% of Total Investments)
|
|
|
|
4,200
|
|
Grand Forks, North Dakota, Health Care System Revenue Bonds, Altru Health System Obligated
|
12/21 at 100.00
|
A–
|
4,546,374
|
|
|
Group, Series 2012, 5.000%, 12/01/35
|
|
|
|
|
|
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
|
2,441,850
|
1,355
|
|
5.000%, 12/15/23 – NPFG Insured
|
12/15 at 100.00
|
Aa3
|
1,507,383
|
3,000
|
|
5.000%, 12/15/24 – NPFG Insured
|
12/15 at 100.00
|
Aa3
|
3,349,740
|
10,750
|
|
Total North Dakota
|
|
|
11,845,347
|
|
|
Ohio – 4.9% (3.3% of Total Investments)
|
|
|
|
1,730
|
|
Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Revenue Bonds,
|
5/22 at 100.00
|
A1
|
1,876,929
|
|
|
Children’s Hospital Medical Center, Improvement & Refunding Series 2012, 5.000%, 11/15/42
|
|
|
|
|
|
Allen County, Ohio, Hospital Facilities Revenue Bonds, Catholic Health Partners, Refunding and
|
|
|
|
|
|
Improvement Series 2012A:
|
|
|
|
1,930
|
|
5.000%, 5/01/33
|
5/22 at 100.00
|
AA–
|
2,161,368
|
3,115
|
|
4.000%, 5/01/33
|
5/22 at 100.00
|
AA–
|
3,151,259
|
2,420
|
|
5.000%, 5/01/42
|
5/22 at 100.00
|
AA–
|
2,645,350
|
580
|
|
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
6/17 at 100.00
|
B
|
486,800
|
|
|
Bonds, Senior Lien, Series 2007A-2, 5.125%, 6/01/24
|
|
|
|
2,650
|
|
Cleveland State University, Ohio, General Receipts Bonds, Series 2004, 5.250%, 6/01/24
|
6/14 at 100.00
|
A+ (5)
|
2,831,472
|
|
|
(Pre-refunded 6/01/14) – FGIC Insured
|
|
|
|
2,000
|
|
Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Series 2004,
|
12/14 at 100.00
|
AA+ (5)
|
2,225,780
|
|
|
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+
|
2,486,840
|
|
|
12/01/22 – AMBAC Insured
|
|
|
|
6,000
|
|
Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children’s Hospital Project,
|
5/22 at 100.00
|
Aa2
|
6,677,400
|
|
|
Improvement Series 2012A, 5.000%, 11/01/42
|
|
|
|
2,205
|
|
Hamilton City School District, Ohio, General Obligation Bonds, Series 2005, 5.000%, 12/01/24 –
|
6/15 at 100.00
|
Baa2
|
2,349,075
|
|
|
NPFG Insured
|
|
|
|
19,595
|
|
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Lien, Series 2006A, 4.250%, 12/01/32 –
|
12/16 at 100.00
|
A+
|
20,173,248
|
|
|
AMBAC Insured
|
|
|
|
|
|
Middletown City School District, Butler County, Ohio, General Obligation Bonds, Refunding
|
|
|
|
|
|
Series 2007:
|
|
|
|
4,380
|
|
5.250%, 12/01/27 – AGM Insured
|
No Opt. Call
|
Aa3
|
5,472,109
|
6,000
|
|
5.250%, 12/01/31 – AGM Insured
|
No Opt. Call
|
Aa3
|
7,667,160
|
4,475
|
|
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Cleveland Clinic
|
1/22 at 100.00
|
Aa2
|
4,996,114
|
|
|
Health System Obligated Group, Series 2012A, 5.000%, 1/01/38
|
|
|
|
3,000
|
|
Ross Local School District, Butler County, Ohio, General Obligation Bonds, Series 2003,
|
12/13 at 100.00
|
Aa2 (5)
|
3,191,010
|
|
|
5.000%, 12/01/28 (Pre-refunded 12/01/13) – AGM Insured
|
|
|
|
|
|
Southeastern Ohio Port Authority, Hosptial Facilities Revenue Bonds, Memorial Health System
|
|
|
|
|
|
Obligated Group Project, Refunding and Improvement Series 2012:
|
|
|
|
2,000
|
|
5.750%, 12/01/32
|
12/22 at 100.00
|
N/R
|
2,101,620
|
1,320
|
|
6.000%, 12/01/42
|
12/22 at 100.00
|
N/R
|
1,396,996
|
2,000
|
|
University of Akron, Ohio, General Receipts Bonds, Federally Taxable Build America Bonds,
|
1/20 at 100.00
|
AA–
|
2,260,620
|
|
|
Series 2010B, 5.000%, 1/01/29 – AGM Insured
|
|
|
|
67,785
|
|
Total Ohio
|
|
|
74,151,150
|
|
|
Oklahoma – 2.8% (1.9% of Total Investments)
|
|
|
|
|
|
Oklahoma Capitol Improvement Authority, State Facilities Revenue Bonds, Series 2005F:
|
|
|
|
3,500
|
|
5.000%, 7/01/24 – AMBAC Insured
|
7/15 at 100.00
|
AA
|
3,877,405
|
7,500
|
|
5.000%, 7/01/27 – AMBAC Insured
|
7/15 at 100.00
|
AA
|
8,274,600
|
|
|
Oklahoma City Water Utilities Trust, Oklahoma, Water and Sewer Revenue Bonds, Series 2010:
|
|
|
|
1,000
|
|
5.375%, 7/01/40
|
7/21 at 100.00
|
AAA
|
1,206,740
|
1,500
|
|
5.000%, 7/01/40
|
7/21 at 100.00
|
AAA
|
1,752,960
|
760
|
|
Oklahoma Housing Finance Agency, GNMA Collateralized Single Family Mortgage Revenue Bonds,
|
No Opt. Call
|
AA+
|
776,978
|
|
|
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
|
21,879,900
|
|
|
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
|
5,231,750
|
|
|
AMBAC Insured
|
|
|
|
40,140
|
|
Total Oklahoma
|
|
|
43,000,333
|
|
|
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
|
2,793,469
|
|
|
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
|
4,871,360
|
|
|
5.250%, 4/01/31
|
|
|
|
6,535
|
|
Total Oregon
|
|
|
7,664,829
|
|
|
Pennsylvania – 5.3% (3.6% of Total Investments)
|
|
|
|
2,165
|
|
Allegheny County Sanitary Authority, Pennsylvania, Sewerage Revenue Bonds, Series 2010,
|
12/20 at 100.00
|
AA–
|
2,433,677
|
|
|
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
|
8,875,445
|
|
|
5.000%, 6/01/26 – AGM Insured (UB)
|
|
|
|
4,175
|
|
Dauphin County General Authority, Pennsylvania, Health System Revenue Bonds, Pinnacle Health
|
6/22 at 100.00
|
A
|
4,509,710
|
|
|
System Project, Series 2012, 5.000%, 6/01/42 (WI/DD, Settling 8/07/12)
|
|
|
|
5,250
|
|
Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 2010E,
|
1/20 at 100.00
|
AA–
|
5,787,390
|
|
|
5.000%, 1/01/40 – AGM Insured
|
|
|
|
1,565
|
|
Montgomery County Industrial Development Authority, Pennsylvania, FHA Insured Mortgage
|
8/20 at 100.00
|
AA
|
1,800,595
|
|
|
Revenue 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
|
1,889,154
|
|
|
2005A, 5.000%, 5/01/28 – NPFG Insured
|
|
|
|
5,000
|
|
Pennsylvania Public School Building Authority, Lease Revenue Bonds, School District of
|
12/16 at 100.00
|
AA
|
5,220,700
|
|
|
Philadelphia, Series 2006B, 4.500%, 6/01/32 – AGM Insured
|
|
|
|
6,740
|
|
Pennsylvania Public School Building Authority, Lease Revenue Bonds, School District of
|
12/16 at 100.00
|
AA
|
7,037,504
|
|
|
Philadelphia, Series 2006B, 4.500%, 6/01/32 – AGM Insured (UB)
|
|
|
|
2,625
|
|
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2006A, 5.000%, 12/01/26 –
|
6/16 at 100.00
|
Aa3
|
2,951,130
|
|
|
AMBAC Insured
|
|
|
|
1,300
|
|
Philadelphia Hospitals and Higher Education Facilities Authoirty, Pennsylvania, Hospital Revenue
|
7/22 at 100.00
|
BBB–
|
1,362,335
|
|
|
Bonds, Temple University Health System Obligated Group, Series 2012A, 5.625%, 7/01/42
|
|
|
|
10,000
|
|
Philadelphia, Pennsylvania, Airport Revenue Bonds, Series 2010A, 5.000%, 6/15/40 – AGM Insured
|
6/20 at 100.00
|
AA–
|
10,969,900
|
7,055
|
|
Pittsburgh and Allegheny County Sports and Exhibition Authority, Pennsylvania, Hotel Room
|
8/20 at 100.00
|
AA–
|
7,626,737
|
|
|
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–
|
5,835,477
|
|
|
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
|
6,988,265
|
|
|
Series 2005B, 5.000%, 2/15/30 – AGM Insured
|
|
|
|
|
|
Reading School District, Berks County, Pennsylvania, General Obligation Bonds, Series 2005:
|
|
|
|
3,285
|
|
5.000%, 1/15/22 – AGM Insured
|
1/16 at 100.00
|
AA–
|
3,625,293
|
3,450
|
|
5.000%, 1/15/23 – AGM Insured
|
1/16 at 100.00
|
AA–
|
3,784,443
|
73,850
|
|
Total Pennsylvania
|
|
|
80,697,755
|
|
|
Puerto Rico – 0.9% (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
|
AA+ (5)
|
2,845,275
|
|
|
(Pre-refunded 7/01/15) – SYNCORA GTY Insured
|
|
|
|
670
|
|
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2003G, 5.250%,
|
7/13 at 100.00
|
Baa1
|
697,108
|
|
|
7/01/19 – FGIC Insured
|
|
|
|
1,330
|
|
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2003G, 5.250%,
|
7/13 at 100.00
|
Baa1 (5)
|
1,391,286
|
|
|
7/01/19 (Pre-refunded 7/01/13) – FGIC Insured
|
|
|
|
1,550
|
|
Puerto Rico Municipal Finance Agency, Series 2005C, 5.250%, 8/01/21 – CIFG Insured
|
No Opt. Call
|
AA–
|
1,740,185
|
36,000
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A, 0.000%,
|
No Opt. Call
|
AA–
|
7,005,960
|
|
|
8/01/42 – FGIC Insured
|
|
|
|
42,050
|
|
Total Puerto Rico
|
|
|
13,679,814
|
|
|
Rhode Island – 0.2% (0.2% of Total Investments)
|
|
|
|
2,195
|
|
Providence Housing Development Corporation, Rhode Island, FHA-Insured Section 8 Assisted
|
1/13 at 100.00
|
BBB
|
2,201,431
|
|
|
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
|
1,517,077
|
|
|
Revenue Bonds, Series 2004A, 5.500%, 9/15/24 – AMBAC Insured
|
|
|
|
3,600
|
|
Total Rhode Island
|
|
|
3,718,508
|
|
|
South Carolina – 6.1% (4.1% of Total Investments)
|
|
|
|
14,650
|
|
Anderson County School District 5, South Carolina, General Obligation Bonds, Series 2008,
|
No Opt. Call
|
Aa1
|
17,680,499
|
|
|
Trust 1181, 9.704%, 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+
|
10,066,000
|
|
|
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
|
BBB
|
2,143,260
|
2,605
|
|
5.250%, 8/15/23 – NPFG Insured
|
8/14 at 100.00
|
BBB
|
2,791,596
|
2,385
|
|
5.250%, 8/15/25 – NPFG Insured
|
8/14 at 100.00
|
BBB
|
2,555,838
|
3,005
|
|
Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 1988A, 0.000%,
|
No Opt. Call
|
N/R
|
2,991,237
|
|
|
1/01/13 – AMBAC Insured
|
|
|
|
4,500
|
|
Saint Peters Parish/Jasper County Public Facilities Corporation, South Carolina, Installment
|
4/21 at 100.00
|
AA–
|
4,976,010
|
|
|
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
|
8,077,520
|
|
|
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
|
10,037,200
|
|
|
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–
|
1,515,325
|
|
|
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
|
18,286,275
|
|
|
10/01/34 – SYNCORA GTY Insured
|
|
|
|
10,250
|
|
Spartanburg Regional Health Services District, Inc., South Carolina, Hosptial Refunding Revenue
|
4/22 at 100.00
|
A1
|
11,545,908
|
|
|
Bonds, Series 2012A, 5.000%, 4/15/32
|
|
|
|
86,145
|
|
Total South Carolina
|
|
|
92,666,668
|
|
|
Tennessee – 0.1% (0.0% of Total Investments)
|
|
|
|
720
|
|
Shelby County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds,
|
5/22 at 100.00
|
A+
|
782,158
|
|
|
Methodist Le Bonheur Healthcare, Series 2012, 5.000%, 5/01/42
|
|
|
|
|
|
Texas – 7.3% (4.9% 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–
|
4,949,194
|
|
|
AGM Insured
|
|
|
|
8,700
|
|
Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding and Improvement
|
11/21 at 100.00
|
A+
|
9,697,716
|
|
|
Bonds, Series 2012C, 5.000%, 11/01/45 – AGM Insured
|
|
|
|
4,600
|
|
Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Series 2000A, 6.125%,
|
11/12 at 100.00
|
A+ (5)
|
4,617,526
|
|
|
11/01/35 (Pre-refunded 11/01/12) – FGIC Insured (Alternative Minimum Tax)
|
|
|
|
25,000
|
|
Harris County-Houston Sports Authority, Texas, Junior Lien Revenue Refunding Bonds, Series
|
11/12 at 100.00
|
BBB
|
25,006,000
|
|
|
2001B, 5.250%, 11/15/40 – NPFG Insured
|
|
|
|
|
|
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
|
4,295,640
|
5,000
|
|
5.250%, 5/15/25 – NPFG Insured
|
5/14 at 100.00
|
AA
|
5,369,550
|
6,700
|
|
Hutto Independent School District, Williamson County, Texas, General Obligation Bonds,
|
8/21 at 100.00
|
A
|
7,299,985
|
|
|
Refunding Series 2012A, 5.000%, 8/01/46
|
|
|
|
1,765
|
|
Lower Colorado River Authority, Texas, Revenue Refunding and Improvement Bonds, Series 2001A,
|
8/12 at 100.00
|
A1
|
1,796,117
|
|
|
5.000%, 5/15/21 – NPFG Insured
|
|
|
|
8,425
|
|
North Central Texas Health Facilities Development Corporation, Texas, Revenue Bonds,
|
8/22 at 100.00
|
AA
|
9,528,759
|
|
|
Children’s Medical Center Dallas Project, Series 2012, 5.000%, 8/15/32
|
|
|
|
24,330
|
|
Tarrant Regional Water District, Texas, Water Revenue Bonds, Refunding and Improvement Series
|
3/22 at 100.00
|
AAA
|
27,628,902
|
|
|
2012, 5.000%, 3/01/52
|
|
|
|
7,550
|
|
Waco Health Facilities Development Corporation, Texas, Hillcrest Health System Project, FHA
|
8/16 at 100.00
|
BBB
|
8,248,300
|
|
|
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
|
11/12 at 100.00
|
AA–
|
1,862,742
|
|
|
Bonds, Series 2001, 5.375%, 11/15/24 – AMBAC Insured
|
|
|
|
102,315
|
|
Total Texas
|
|
|
110,300,431
|
|
|
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– (5)
|
2,086,460
|
|
|
7/01/13) – FGIC Insured
|
|
|
|
15,000
|
|
Utah Transit Authority, Sales Tax Revenue Bonds, Series 2008A, 5.000%, 6/15/32 –
|
6/18 at 100.00
|
AAA
|
17,243,550
|
|
|
AGM Insured (UB)
|
|
|
|
17,000
|
|
Total Utah
|
|
|
19,330,010
|
|
|
Virginia – 1.0% (0.7% of Total Investments)
|
|
|
|
1,035
|
|
Loudoun County Industrial Development Authority, Virginia, Lease Revenue Bonds, Public Safety
|
6/14 at 100.00
|
AA+
|
1,119,963
|
|
|
Facilities, Series 2003A, 5.250%, 12/15/20 – AGM Insured
|
|
|
|
4,540
|
|
Norfolk Economic Development Authority, Virginia, Health Care Facilities Revenue Bonds,
|
11/22 at 100.00
|
AA
|
5,124,162
|
|
|
Sentara Healthcare, Refunding Series 2012B, 5.000%, 11/01/43
|
|
|
|
985
|
|
Roanoke Industrial Development Authority, Virginia, Hospital Revenue Bonds, Carillion Health
|
7/20 at 100.00
|
AA–
|
1,080,299
|
|
|
System Obligated Group, Series 2005B, 5.000%, 7/01/38
|
|
|
|
15
|
|
Roanoke Industrial Development Authority, Virginia, Hospital Revenue Bonds, Carillion Health
|
7/20 at 100.00
|
AA– (5)
|
19,001
|
|
|
System Obligated Group, Series 2005B, 5.000%, 7/01/38 (Pre-refunded 7/01/20)
|
|
|
|
2,300
|
|
Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, 95 Express Lanes LLC
|
1/22 at 100.00
|
BBB–
|
2,430,801
|
|
|
Project, Series 2012, 5.000%, 1/01/40 (Alternative Minimum Tax)
|
|
|
|
5,030
|
|
Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River
|
7/22 at 100.00
|
BBB–
|
5,560,011
|
|
|
Crossing, Opco LLC Project, Series 2012, 5.500%, 1/01/42 (Alternative Minimum Tax)
|
|
|
|
13,905
|
|
Total Virginia
|
|
|
15,334,237
|
|
|
Washington – 6.7% (4.5% of Total Investments)
|
|
|
|
10,000
|
|
Central Puget Sound Regional Transit Authority, Washington, Sales Tax and Motor Vehicle Excise
|
2/13 at 100.00
|
AAA
|
10,071,000
|
|
|
Tax Bonds, Series 1999, 4.750%, 2/01/28 – FGIC Insured
|
|
|
|
2,500
|
|
Grant County Public Utility District 2, Washington, Revenue Bonds, Wanapum Hydroelectric
|
1/15 at 100.00
|
AA (5)
|
2,779,175
|
|
|
Development, Series 2005A, 5.000%, 1/01/29 (Pre-refunded 1/01/15) – FGIC Insured
|
|
|
|
3,500
|
|
King County School District 401, Highline, Washington, General Obligation Bonds, Series 2004,
|
12/14 at 100.00
|
AA+ (5)
|
3,879,155
|
|
|
5.000%, 10/01/24 (Pre-refunded 12/01/14) – FGIC Insured
|
|
|
|
7,500
|
|
King County, Washington, General Obligation Sewer Bonds, Series 2009, Trust 1W, 9.721%,
|
1/19 at 100.00
|
Aa1
|
10,537,950
|
|
|
1/01/39 – AGC Insured (IF) (6)
|
|
|
|
17,000
|
|
King County, Washington, Sewer Revenue Bonds, Series 2007, 5.000%, 1/01/42 – AGM Insured
|
7/17 at 100.00
|
AA+
|
19,274,260
|
4,345
|
|
King County, Washington, Sewer Revenue Bonds, Tender Option Bond Trust 3090, 13.161%,
|
7/17 at 100.00
|
AA+
|
6,105,768
|
|
|
7/01/32 – AGM Insured (IF)
|
|
|
|
11,000
|
|
Port of Seattle, Washington, Revenue Bonds, Series 2005A, 5.000%, 3/01/35 – NPFG Insured
|
3/15 at 100.00
|
Aa3
|
11,903,320
|
4,250
|
|
Snohomish County Public Utility District 1, Washington, Generation System Revenue Bonds,
|
No Opt. Call
|
Aaa
|
5,142,883
|
|
|
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
|
4,461,713
|
4,085
|
|
5.000%, 12/01/25 – SYNCORA GTY Insured
|
12/16 at 100.00
|
AA
|
4,652,733
|
4,290
|
|
5.000%, 12/01/26 – SYNCORA GTY Insured
|
12/16 at 100.00
|
AA
|
4,886,224
|
2,510
|
|
Washington Health Care Facilities Authority, Revenue Bonds, Seattle Children’s Hospital,
|
No Opt. Call
|
AA
|
2,881,731
|
|
|
Refunding Series 2012B, 5.000%, 10/01/30
|
|
|
|
6,540
|
|
Washington Health Care Facilities Authority, Revenue Bonds, Seattle Children’s Hospital,
|
No Opt. Call
|
AA
|
7,240,042
|
|
|
Series 2012A, 5.000%, 10/01/42
|
|
|
|
5,945
|
|
Washington State, General Obligation Bonds, Series 2009, Trust 1212, 13.266%, 7/01/14 –
|
No Opt. Call
|
AA+
|
8,011,720
|
|
|
AGM Insured (IF)
|
|
|
|
87,355
|
|
Total Washington
|
|
|
101,827,674
|
|
|
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
|
11,195,500
|
|
|
5.000%, 6/15/40
|
|
|
|
|
|
Wisconsin – 2.4% (1.6% of Total Investments)
|
|
|
|
8,460
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Aurora Health Care,
|
7/21 at 100.00
|
A
|
9,530,782
|
|
|
Inc., Series 2012A, 5.000%, 7/15/25
|
|
|
|
10,300
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Gundersen Lutheran,
|
10/21 at 100.00
|
A+
|
11,336,907
|
|
|
Series 2011A, 5.250%, 10/15/39
|
|
|
|
290
|
|
Wisconsin State, General Obligation Bonds, Series 2004-3, 5.250%, 5/01/20 – FGIC Insured
|
5/14 at 100.00
|
AA
|
313,840
|
2,600
|
|
Wisconsin State, General Obligation Bonds, Series 2004-3, 5.250%, 5/01/20 (Pre-refunded
|
5/14 at 100.00
|
Aa2 (5)
|
2,821,213
|
|
|
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
|
11,796,964
|
32,595
|
|
Total Wisconsin
|
|
|
35,799,706
|
$ 2,227,393
|
|
Total Investments (cost $2,063,216,705) – 148.5%
|
|
|
2,253,246,819
|
|
|
Floating Rate Obligations – (6.9)%
|
|
|
(104,433,333)
|
|
|
Variable Rate Demand Preferred Shares, at Liquidation Value – (44.0)% (8)
|
|
|
(667,200,000)
|
|
|
Other Assets Less Liabilities – 2.4%
|
|
|
35,924,664
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 1,517,538,150
|