|
|
|
|
|
|
|
|
Portfolio of Investments (Unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
Nuveen AMT-Free Municipal Value Fund (NUW)
|
|
|
|
|
|
January 31, 2014
|
|
|
|
|
|
Principal
|
|
|
Optional Call
|
|
|
Amount (000)
|
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
LONG-TERM INVESTMENTS – 101.6%
|
|
|
|
|
|
MUNICIPAL BONDS – 101.6%
|
|
|
|
|
|
Alaska – 0.5%
|
|
|
|
|
|
Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds,
|
|
|
|
|
|
Series 2006A:
|
|
|
|
$ 955
|
|
4.625%, 6/01/23
|
6/14 at 100.00
|
Ba1
|
$ 900,899
|
350
|
|
5.000%, 6/01/46
|
6/14 at 100.00
|
B2
|
242,830
|
1,305
|
|
Total Alaska
|
|
|
1,143,729
|
|
|
Arizona – 3.5%
|
|
|
|
4,000
|
|
Maricopa County Pollution Control Corporation, Arizona, Pollution Control Revenue Bonds, El
|
2/19 at 100.00
|
Baa1
|
4,458,320
|
|
|
Paso Electric Company, Refunding Series 2009A, 7.250%, 2/01/40
|
|
|
|
3,045
|
|
Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc
|
No Opt. Call
|
A–
|
3,083,032
|
|
|
Prepay Contract Obligations, Series 2007, 5.000%, 12/01/37
|
|
|
|
7,045
|
|
Total Arizona
|
|
|
7,541,352
|
|
|
California – 9.1%
|
|
|
|
2,500
|
|
California State Public Works Board, Lease Revenue Bonds, Department of General Services
|
4/19 at 100.00
|
A2
|
2,861,650
|
|
|
Buildings 8 & 9, Series 2009A, 6.250%, 4/01/34
|
|
|
|
500
|
|
California State, General Obligation Bonds, Tender Option Bond Trust 3162, 19.955%, 3/01/18 –
|
No Opt. Call
|
AA
|
716,820
|
|
|
AGM Insured (IF)
|
|
|
|
|
|
Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement
|
|
|
|
|
|
Asset-Backed Revenue Bonds, Series 2005A:
|
|
|
|
2,365
|
|
5.000%, 6/01/45
|
6/15 at 100.00
|
A2
|
2,318,977
|
1,350
|
|
5.000%, 6/01/45 – AMBAC Insured
|
6/15 at 100.00
|
A2
|
1,323,729
|
3,635
|
|
Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed
|
6/17 at 100.00
|
B
|
2,792,807
|
|
|
Bonds, Series 2007A-1, 5.000%, 6/01/33
|
|
|
|
450
|
|
M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series
|
No Opt. Call
|
A
|
550,859
|
|
|
2009A, 6.500%, 11/01/39
|
|
|
|
10,200
|
|
Palomar Pomerado Health, California, General Obligation Bonds, Series 2009A, 0.000%, 8/01/38 –
|
8/29 at 100.00
|
AA–
|
8,512,308
|
|
|
AGC Insured
|
|
|
|
700
|
|
Victor Elementary School District, San Bernardino County, California, General Obligation
|
No Opt. Call
|
Aa3
|
448,343
|
|
|
Bonds, Series 2002A, 0.000%, 8/01/24 – FGIC Insured
|
|
|
|
21,700
|
|
Total California
|
|
|
19,525,493
|
|
|
Colorado – 6.2%
|
|
|
|
5,000
|
|
Denver City and County, Colorado, Airport System Revenue Bonds, Series 2005A, 5.000%,
|
11/15 at 100.00
|
A+
|
5,332,550
|
|
|
11/15/25 – SYNCORA GTY Insured
|
|
|
|
5,885
|
|
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004A, 0.000%, 9/01/34 –
|
No Opt. Call
|
A
|
1,767,501
|
|
|
NPFG Insured
|
|
|
|
3,605
|
|
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004B, 0.000%, 9/01/27 –
|
9/20 at 67.94
|
A
|
1,750,480
|
|
|
NPFG Insured
|
|
|
|
4,000
|
|
Park Creek Metropolitan District, Colorado, Senior Property Tax Supported Revenue Bonds,
|
12/19 at 100.00
|
AA–
|
4,427,160
|
|
|
Series 2009, 6.375%, 12/01/37 – AGC Insured
|
|
|
|
18,490
|
|
Total Colorado
|
|
|
13,277,691
|
|
|
Florida – 8.4%
|
|
|
|
9,500
|
|
Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2009A,
|
10/19 at 100.00
|
A
|
10,020,885
|
|
|
5.500%, 10/01/41 (UB) (4)
|
|
|
|
|
|
Miami-Dade County, Florida, General Obligation Bonds, Build Better Communities Program,
|
|
|
|
|
|
Series 2009-B1:
|
|
|
|
2,500
|
|
6.000%, 7/01/38
|
7/18 at 100.00
|
AA
|
2,810,225
|
2,000
|
|
5.625%, 7/01/38
|
7/18 at 100.00
|
AA
|
2,215,620
|
300
|
|
Tolomato Community Development District, Florida, Special Assessment Bonds, Convertible,
|
5/17 at 100.00
|
N/R
|
220,662
|
|
|
Capital Appreciation, Series 2012A-2, 0.000%, 5/01/39
|
|
|
|
865
|
|
Tolomato Community Development District, Florida, Special Assessment Bonds, Convertible,
|
5/19 at 100.00
|
N/R
|
518,723
|
|
|
Capital Appreciation, Series 2012A-3, 0.000%, 5/01/40
|
|
|
|
375
|
|
Tolomato Community Development District, Florida, Special Assessment Bonds, Convertible,
|
5/22 at 100.00
|
N/R
|
166,631
|
|
|
Capital Appreciation, Series 2012A-4, 0.000%, 5/01/40
|
|
|
|
525
|
|
Tolomato Community Development District, Florida, Special Assessment Bonds, Hope Note, Series
|
5/18 at 100.00
|
N/R
|
5
|
|
|
2007-3, 6.450%, 5/01/23 (5)
|
|
|
|
45
|
|
Tolomato Community Development District, Florida, Special Assessment Bonds, Non Performing
|
5/18 at 100.00
|
N/R
|
44,402
|
|
|
ParcelSeries 2007-1. RMKT, 6.450%, 5/01/23 (5)
|
|
|
|
910
|
|
Tolomato Community Development District, Florida, Special Assessment Bonds, Refunding Series
|
5/17 at 100.00
|
N/R
|
868,258
|
|
|
2012A-1, 6.450%, 5/01/23
|
|
|
|
2,120
|
|
Tolomato Community Development District, Florida, Special Assessment Bonds,
|
5/18 at 100.00
|
N/R
|
1,206,322
|
|
|
Southern/Forbearance Parcel Series 2007-2, 6.450%, 5/01/23 (5)
|
|
|
|
19,140
|
|
Total Florida
|
|
|
18,071,733
|
|
|
Georgia – 0.8%
|
|
|
|
475
|
|
Atlanta, Georgia, Tax Allocation Bonds, Beltline Project Series 2008A. Remarketed,
|
1/19 at 100.00
|
A2
|
555,560
|
|
|
7.500%, 1/01/31
|
|
|
|
1,000
|
|
Clayton County Development Authority, Georgia, Special Facilities Revenue Bonds, Delta Air
|
6/20 at 100.00
|
B+
|
1,183,440
|
|
|
Lines, Inc. Project, Series 2009A, 8.750%, 6/01/29
|
|
|
|
1,475
|
|
Total Georgia
|
|
|
1,739,000
|
|
|
Illinois – 11.1%
|
|
|
|
3,000
|
|
Chicago, Illinois, General Obligation Bonds, City Colleges, Series 1999, 0.000%, 1/01/37 –
|
No Opt. Call
|
A+
|
751,950
|
|
|
FGIC Insured
|
|
|
|
260
|
|
Cook and DuPage Counties High School District 210 Lemont, Illinois, General Obligation Bonds,
|
1/16 at 100.00
|
Aa2
|
275,577
|
|
|
Refunding Series 2006, 5.000%, 1/01/26 – NPFG Insured
|
|
|
|
465
|
|
Cook and DuPage Counties High School District 210 Lemont, Illinois, General Obligation Bonds,
|
1/16 at 100.00
|
Aa2 (6)
|
506,315
|
|
|
Refunding Series 2006, 5.000%, 1/01/26 (Pre-refunded 1/01/16) – NPFG Insured
|
|
|
|
1,885
|
|
Cook County Township High School District 225 Northfield, Illinois, General Obligation Bonds,
|
No Opt. Call
|
AAA
|
1,857,818
|
|
|
Capital Appreciation Refunding Series 2002B, 0.000%, 12/01/15 – NPFG Insured
|
|
|
|
5,035
|
|
Illinois Finance Authority, Revenue Bonds, Northwestern Memorial Hospital, Series 2009A,
|
8/19 at 100.00
|
AA+
|
5,680,739
|
|
|
6.000%, 8/15/39
|
|
|
|
3,500
|
|
Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Series 2009A,
|
5/19 at 100.00
|
A
|
4,151,735
|
|
|
7.125%, 11/15/37
|
|
|
|
5,000
|
|
Illinois Finance Authority, Revenue Bonds, Rush University Medical Center Obligated Group,
|
11/18 at 100.00
|
A+
|
5,898,300
|
|
|
Series 2009A, 7.250%, 11/01/38
|
|
|
|
3,960
|
|
Illinois Finance Authority, Student Housing Revenue Bonds, Educational Advancement Fund Inc.,
|
5/17 at 100.00
|
BBB+
|
3,811,579
|
|
|
Refunding Series 2007A, 5.250%, 5/01/34
|
|
|
|
615
|
|
University of Illinois, Health Services Facilities System Revenue Bonds, Series 2013,
|
10/23 at 100.00
|
A
|
641,863
|
|
|
6.000%, 10/01/42
|
|
|
|
560
|
|
Will County Community Unit School District 201U, Crete-Monee, Illinois, General Obligation
|
No Opt. Call
|
A+
|
383,527
|
|
|
Bonds, Capital Appreciation Series 2004, 0.000%, 11/01/23 – FGIC Insured
|
|
|
|
24,280
|
|
Total Illinois
|
|
|
23,959,403
|
|
|
Indiana – 8.0%
|
|
|
|
5,000
|
|
Indiana Finance Authority, Hospital Revenue Bonds, Deaconess Hospital Obligated Group, Series
|
3/19 at 100.00
|
A+
|
5,522,600
|
|
|
2009A, 6.750%, 3/01/39
|
|
|
|
3,600
|
|
Indiana Health and Educational Facilities Financing Authority, Revenue Bonds, Sisters of Saint
|
5/18 at 100.00
|
Aa3
|
3,684,240
|
|
|
Francis Health Services Inc, Series 2006E, 5.250%, 5/15/41 – AGM Insured
|
|
|
|
3,650
|
|
Indiana Health Facility Financing Authority, Revenue Bonds, Community Foundation of Northwest
|
3/17 at 100.00
|
A
|
3,784,685
|
|
|
Indiana, Series 2007, 5.500%, 3/01/37
|
|
|
|
2,000
|
|
Indiana Municipal Power Agency, Power Supply System Revenue Bonds, Series 2009B,
|
1/19 at 100.00
|
A+
|
2,205,460
|
|
|
6.000%, 1/01/39
|
|
|
|
1,000
|
|
Indianapolis Local Public Improvement Bond Bank, Indiana, Series 1999E, 0.000%, 2/01/25 –
|
No Opt. Call
|
AA
|
669,800
|
|
|
AMBAC Insured
|
|
|
|
1,350
|
|
South Bend Community School Corporation, Indiana, Riley School Building Corporation, First
|
No Opt. Call
|
AA+
|
1,377,662
|
|
|
Mortgage Bonds, Series 2008 Refunding, 5.000%, 7/05/14 – AGM Insured
|
|
|
|
16,600
|
|
Total Indiana
|
|
|
17,244,447
|
|
|
Iowa – 1.8%
|
|
|
|
1,545
|
|
Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company
|
12/18 at 100.00
|
BB–
|
1,494,540
|
|
|
Project, Series 2013, 5.500%, 12/01/22
|
|
|
|
3,025
|
|
Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C,
|
6/15 at 100.00
|
B+
|
2,356,415
|
|
|
5.375%, 6/01/38
|
|
|
|
4,570
|
|
Total Iowa
|
|
|
3,850,955
|
|
|
Kansas – 0.2%
|
|
|
|
655
|
|
Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Capital
|
No Opt. Call
|
A–
|
449,487
|
|
|
Appreciation Revenue Bonds Redevelopment Project Area B – Major Multi-Sport Athletic
|
|
|
|
|
|
Complex Project, Subordinate Lien Series 2010B, 0.000%, 6/01/21
|
|
|
|
|
|
Louisiana – 7.6%
|
|
|
|
5,000
|
|
Louisiana Citizens Property Insurance Corporation, Assessment Revenue Bonds, Series 2006C-3,
|
6/18 at 100.00
|
AA–
|
5,715,650
|
|
|
6.125%, 6/01/25 – AGC Insured
|
|
|
|
|
|
Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project,
|
|
|
|
|
|
Series 2007A:
|
|
|
|
7,000
|
|
5.375%, 5/15/43
|
5/17 at 100.00
|
Baa1
|
7,061,250
|
275
|
|
5.500%, 5/15/47
|
5/17 at 100.00
|
Baa1
|
278,325
|
3,255
|
|
St John Baptist Parish, Louisiana, Revenue Bonds, Marathon Oil Corporation, Series 2007A,
|
6/17 at 100.00
|
Baa1
|
3,265,937
|
|
|
5.125%, 6/01/37
|
|
|
|
15,530
|
|
Total Louisiana
|
|
|
16,321,162
|
|
|
Maine – 1.8%
|
|
|
|
3,335
|
|
Maine Health and Higher Educational Facilities Authority, Revenue Bonds, Bowdoin College,
|
7/19 at 100.00
|
Aa2
|
3,829,781
|
|
|
Tender Option Bond Trust 2009-5B, 13.361%, 7/01/39 (IF) (4)
|
|
|
|
|
|
Massachusetts – 0.8%
|
|
|
|
500
|
|
Martha’s Vineyard Land Bank, Massachusetts, Revenue Bonds, Series 2002, 5.000%, 5/01/32 –
|
4/14 at 100.00
|
A–
|
501,610
|
|
|
AMBAC Insured
|
|
|
|
1,000
|
|
Massachusetts Water Pollution Abatement Trust, Pooled Loan Program Bonds, Tender Option Bond
|
8/19 at 100.00
|
AAA
|
1,267,370
|
|
|
Trust 2989, 13.494%, 8/01/38 (IF)
|
|
|
|
1,500
|
|
Total Massachusetts
|
|
|
1,768,980
|
|
|
Michigan – 4.0%
|
|
|
|
5,050
|
|
Detroit, Michigan, Second Lien Sewerage Disposal System Revenue Bonds, Series 2005A, 5.000%,
|
7/15 at 100.00
|
A
|
4,630,295
|
|
|
7/01/35 – NPFG Insured
|
|
|
|
50
|
|
Detroit, Michigan, Sewer Disposal System Revenue Bonds, Second Lien, Series 2006B, 5.000%,
|
7/16 at 100.00
|
A
|
46,057
|
|
|
7/01/33 – NPFG Insured
|
|
|
|
3,100
|
|
Detroit, Michigan, Water Supply System Senior Lien Revenue Refunding Bonds, Series 2006D,
|
7/16 at 100.00
|
AA–
|
2,930,368
|
|
|
5.000%, 7/01/32 – AGM Insured
|
|
|
|
1,750
|
|
Michigan State Building Authority, Revenue Bonds, Refunding Series 2006IA, 0.000%, 10/15/26 –
|
10/16 at 61.33
|
AA–
|
991,970
|
|
|
AGM Insured
|
|
|
|
9,950
|
|
Total Michigan
|
|
|
8,598,690
|
|
|
Nevada – 3.4%
|
|
|
|
1,000
|
|
Clark County Water Reclamation District, Nevada, General Obligation Water Bonds, Series 2009A,
|
7/19 at 100.00
|
AAA
|
1,120,460
|
|
|
5.250%, 7/01/34
|
|
|
|
250
|
|
Clark County, Nevada, Airport Revenue Bonds, Senior Lien Series 2005A, 5.000%, 7/01/40 –
|
7/15 at 100.00
|
Aa2
|
256,008
|
|
|
AMBAC Insured
|
|
|
|
5,415
|
|
Las Vegas Redevelopment Agency, Nevada, Tax Increment Revenue Bonds, Series 2009A,
|
6/19 at 100.00
|
BBB–
|
5,900,346
|
|
|
8.000%, 6/15/30
|
|
|
|
6,665
|
|
Total Nevada
|
|
|
7,276,814
|
|
|
New Jersey – 3.1%
|
|
|
|
|
|
New Jersey Educational Facilities Authority, Revenue Bonds, University of Medicine and
|
|
|
|
|
|
Dentistry of New Jersey, Refunding Series 2009B:
|
|
|
|
2,135
|
|
7.125%, 12/01/23 (Pre-refunded 6/01/19)
|
6/19 at 100.00
|
N/R (6)
|
2,769,244
|
3,000
|
|
7.500%, 12/01/32 (Pre-refunded 6/01/19)
|
6/19 at 100.00
|
N/R (6)
|
3,948,960
|
5,135
|
|
Total New Jersey
|
|
|
6,718,204
|
|
|
New York – 1.6%
|
|
|
|
3,000
|
|
New York Liberty Development Corporation, Revenue Bonds, Goldman Sachs Headquarters Issue,
|
No Opt. Call
|
A
|
3,288,150
|
|
|
Series 2007, 5.500%, 10/01/37
|
|
|
|
130
|
|
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air
|
12/20 at 100.00
|
BBB
|
141,114
|
|
|
Terminal LLC Project, Eighth Series 2010, 6.000%, 12/01/42
|
|
|
|
3,130
|
|
Total New York
|
|
|
3,429,264
|
|
|
Ohio – 7.8%
|
|
|
|
5,000
|
|
American Municipal Power Ohio Inc., General Revenue Bonds, Prairie State Energy Campus Project
|
2/19 at 100.00
|
AA–
|
5,361,450
|
|
|
Series 2009A, 5.750%, 2/15/39 – AGC Insured
|
|
|
|
|
|
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
|
|
|
|
|
Bonds, Senior Lien, Series 2007A-2:
|
|
|
|
2,115
|
|
5.875%, 6/01/30
|
6/17 at 100.00
|
B
|
1,705,494
|
5,910
|
|
6.500%, 6/01/47
|
6/17 at 100.00
|
B
|
5,062,388
|
2,400
|
|
Hamilton County Convention Facilities Authority, Ohio, Second Lien Revenue Bonds, Series 2004,
|
6/14 at 100.00
|
AA (6)
|
2,439,120
|
|
|
5.000%, 12/01/33 (Pre-refunded 6/01/14) – FGIC Insured
|
|
|
|
2,000
|
|
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, University
|
1/15 at 100.00
|
A (6)
|
2,126,180
|
|
|
Hospitals Health System, Series 2009, 6.750%, 1/15/39 (Pre-refunded 1/15/15)
|
|
|
|
17,425
|
|
Total Ohio
|
|
|
16,694,632
|
|
|
Oklahoma – 1.0%
|
|
|
|
2,150
|
|
Norman Regional Hospital Authority, Oklahoma, Hospital Revenue Bonds, Series 2007,
|
9/17 at 100.00
|
BBB–
|
2,074,342
|
|
|
5.125%, 9/01/37
|
|
|
|
|
|
Puerto Rico – 3.6%
|
|
|
|
4,390
|
|
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A,
|
7/18 at 100.00
|
BBB–
|
3,067,161
|
|
|
6.000%, 7/01/44
|
|
|
|
500
|
|
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2003G, 5.000%,
|
No Opt. Call
|
BBB
|
351,380
|
|
|
7/01/22 – FGIC Insured
|
|
|
|
3,000
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/19 at 100.00
|
A+
|
2,263,530
|
|
|
2009A, 6.000%, 8/01/42
|
|
|
|
2,750
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A,
|
8/17 at 100.00
|
AA–
|
2,096,985
|
|
|
5.250%, 8/01/57
|
|
|
|
10,640
|
|
Total Puerto Rico
|
|
|
7,779,056
|
|
|
Rhode Island – 3.0%
|
|
|
|
3,000
|
|
Rhode Island Health and Educational Building Corporation, Hospital Financing Revenue Bonds,
|
5/19 at 100.00
|
A–
|
3,271,170
|
|
|
Lifespan Obligated Group Issue, Series 2009A, 7.000%, 5/15/39
|
|
|
|
3,240
|
|
Rhode Island Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed Bonds,
|
4/14 at 100.00
|
BBB+
|
3,239,741
|
|
|
Series 2002A, 6.125%, 6/01/32
|
|
|
|
6,240
|
|
Total Rhode Island
|
|
|
6,510,911
|
|
|
South Carolina – 1.3%
|
|
|
|
5,435
|
|
Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 2004A-2,
|
No Opt. Call
|
AA–
|
2,770,002
|
|
|
0.000%, 1/01/29 – AMBAC Insured
|
|
|
|
|
|
Texas – 4.9%
|
|
|
|
3,550
|
|
Ennis Independent School District, Ellis County, Texas, General Obligation Bonds, Series 2006,
|
8/16 at 46.64
|
Aaa
|
1,501,970
|
|
|
0.000%, 8/15/31
|
|
|
|
1,855
|
|
Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, First Tier Series
|
10/23 at 100.00
|
BBB+
|
1,872,159
|
|
|
2013A, 5.500%, 4/01/53
|
|
|
|
5,400
|
|
North Texas Tollway Authority, Second Tier System Revenue Refunding Bonds, Series 2008F,
|
1/18 at 100.00
|
A3
|
5,718,168
|
|
|
5.750%, 1/01/38
|
|
|
|
1,500
|
|
Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Series
|
No Opt. Call
|
A3
|
1,506,315
|
|
|
2012, 5.000%, 12/15/32
|
|
|
|
12,305
|
|
Total Texas
|
|
|
10,598,612
|
|
|
Virgin Islands – 0.5%
|
|
|
|
1,000
|
|
Virgin Islands Public Finance Authority, Matching Fund Revenue Loan Note – Diageo Project,
|
10/19 at 100.00
|
BBB
|
1,096,280
|
|
|
Series 2009A, 6.750%, 10/01/37
|
|
|
|
|
|
Virginia – 1.4%
|
|
|
|
1,400
|
|
Chesapeake, Virginia, Transportation System Senior Toll Road Revenue Bonds, Capital
|
7/28 at 100.00
|
BBB
|
680,946
|
|
|
Appreciation Series 2012B, 0.000%, 7/15/40
|
|
|
|
2,000
|
|
Washington County Industrial Development Authority , Virginia, Hospital Revenue Bonds,
|
1/19 at 100.00
|
BBB+
|
2,289,420
|
|
|
Mountain States Health Alliance, Series 2009C, 7.750%, 7/01/38
|
|
|
|
3,400
|
|
Total Virginia
|
|
|
2,970,366
|
|
|
West Virginia – 0.7%
|
|
|
|
1,500
|
|
West Virginia Hospital Finance Authority, Hospital Revenue Bonds, West Virginia United Health
|
6/23 at 100.00
|
A
|
1,555,275
|
|
|
System Obligated Group, Refunding and Improvement Series 2013A, 5.500%, 6/01/44
|
|
|
|
|
|
Wisconsin – 5.5%
|
|
|
|
1,500
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, ProHealth Care, Inc.
|
2/19 at 100.00
|
A+
|
1,639,423
|
|
|
Obligated Group, Series 2009, 6.625%, 2/15/39
|
|
|
|
9,000
|
|
Wisconsin State, General Fund Annual Appropriation Revenue Bonds, Refunding Series 2009A,
|
5/19 at 100.00
|
AA–
|
10,130,670
|
|
|
6.000%, 5/01/36
|
|
|
|
10,500
|
|
Total Wisconsin
|
|
|
11,770,093
|
$ 231,100
|
|
Total Long-Term Investments (cost $193,726,331)
|
|
|
218,565,754
|
|
|
Floating Rate Obligations – (3.3)%
|
|
|
(7,125,000)
|
|
|
Other Assets Less Liabilities – 1.7%
|
|
|
3,655,108
|
|
|
Net Assets – 100%
|
|
|
$ 215,095,862
|