UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q


QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number         811-06240         

        Nuveen Select Quality Municipal Fund, Inc.         
(Exact name of registrant as specified in charter)

Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         

(Address of principal executive offices) (Zip code)


Kevin J. McCarthy Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         

(Name and address of agent for service)

Registrant's telephone number, including area code:         312-917-7700        

Date of fiscal year end:             10/31          

Date of reporting period:          7/31/09         

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

  Portfolio of Investments (Unaudited)        
  Nuveen Select Quality Municipal Fund, Inc. (NQS)        
July 31, 2009
 
 
 
Principal     Optional Call      
Amount (000)   Description (1)   Provisions (2)   Ratings (3)   Value  
  Alabama – 2.9% (1.9% of Total Investments)        
$          10,000  Lauderdale County and Florence Health Authority, Alabama, Revenue Bonds, Coffee Health Group,  7/10 at 102.00  $      9,184,400 
   Series 2000A, 6.000%, 7/01/29 – MBIA Insured       
5,155  Phenix City Industrial Development Board, Alabama, Environmental Improvement Revenue Bonds,  5/12 at 100.00  BBB  4,040,128 
   MeadWestvaco Corporation, Series 2002A, 6.350%, 5/15/35 (Alternative Minimum Tax)       
15,155  Total Alabama      13,224,528 
  Alaska – 0.6% (0.4% of Total Investments)        
500  Alaska Housing Finance Corporation, General Housing Purpose Bonds, Series 2005A, 5.000%,  12/14 at 100.00  AA  507,915 
   12/01/26 – FGIC Insured (UB)       
2,000  Kenai Peninsula Borough, Alaska, Revenue Bonds, Central Kenai Peninsula Hospital Service Area,  8/13 at 100.00  A3  2,026,740 
   Series 2003, 5.000%, 8/01/23 – FGIC Insured       
2,500  Total Alaska      2,534,655 
  Arizona – 2.9% (1.9% of Total Investments)        
2,300  Phoenix, Arizona, Civic Improvement Corporation, Senior Lien Airport Revenue Bonds, Series  7/18 at 100.00  AA–  2,258,968 
   2008A, 5.000%, 7/01/33       
3,750  Salt River Project Agricultural Improvement and Power District, Arizona, Electric System  12/13 at 100.00  Aa2  3,941,662 
   Revenue Bonds, Series 2003, 5.000%, 12/01/18 – MBIA Insured       
8,000  Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Series 2007, 5.000%, 12/01/37  No Opt. Call  6,118,640 
750  Scottsdale Industrial Development Authority, Arizona, Hospital Revenue Bonds, Scottsdale  9/13 at 100.00  A3  696,705 
   Healthcare, Series 2008A, 5.250%, 9/01/30       
14,800  Total Arizona      13,015,975 
  Arkansas – 1.2% (0.7% of Total Investments)        
4,500  Little Rock, Arkansas, Hotel and Restaurant Gross Receipts Tax Refunding Bonds, Series 1993,  No Opt. Call  A3  5,213,115 
   7.375%, 8/01/15       
  California – 5.0% (3.2% of Total Investments)        
  Calexico Unified School District, Imperial County, California, General Obligation Bonds, Series 2005B:       
3,685   0.000%, 8/01/31 – FGIC Insured  No Opt. Call  823,598 
4,505   0.000%, 8/01/33 – FGIC Insured  No Opt. Call  874,961 
1,110  California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Sonoma  6/15 at 100.00  BBB  853,179 
   County Tobacco Securitization Corporation, Series 2005, 5.000%, 6/01/26       
550  California Pollution Control Financing Authority, Remarketed Revenue Bonds, Pacific Gas and  4/11 at 102.00  554,686 
   Electric Company, Series 1996A, 5.350%, 12/01/16 – MBIA Insured (Alternative Minimum Tax)       
1,550  California Statewide Community Development Authority, Revenue Bonds, St. Joseph Health System,  7/18 at 100.00  AA–  1,550,977 
   Series 2007A, 5.750%, 7/01/47 – FGIC Insured       
1,000  Coachella Valley Unified School District, Riverside County, California, General Obligation  No Opt. Call  247,350 
   Bonds, Series 2005A, 0.000%, 8/01/30 – FGIC Insured       
  Colton Joint Unified School District, San Bernardino County, California, General Obligation       
  Bonds, Series 2006C:       
3,200   0.000%, 2/01/30 – FGIC Insured  2/15 at 45.69  832,544 
6,800   0.000%, 2/01/35 – FGIC Insured  2/15 at 34.85  1,233,384 
  Cupertino Union School District, Santa Clara County, California, General Obligation Bonds,       
  Series 2003B:       
8,100   0.000%, 8/01/24 – FGIC Insured  8/13 at 58.68  AA  3,236,598 
11,430   0.000%, 8/01/27 – FGIC Insured  8/13 at 49.98  AA  3,618,509 
7,000  Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement  6/15 at 100.00  A–  2,934,960 
   Revenue Bonds, Residual Series 2040, 10.020%, 6/01/45 – FGIC Insured (IF)       
1,045  Lake Tahoe Unified School District, El Dorado County, California, General Obligation Bonds,  No Opt. Call  A2  263,016 
   Series 2001B, 0.000%, 8/01/31 – NPFG Insured       
6,000  Placentia-Yorba Linda Unified School District, Orange County, California, Certificates of  No Opt. Call  A+  1,088,760 
   Participation, Series 2006, 0.000%, 10/01/34 – FGIC Insured       
5,000  Riverside County Asset Leasing Corporation, California, Leasehold Revenue Bonds, Riverside  No Opt. Call  1,887,050 
   County Hospital Project, Series 1997, 0.000%, 6/01/25 – NPFG Insured       
5,000  Santa Monica Community College District, Los Angeles County, California, General Obligation  No Opt. Call  AA  1,702,150 
   Bonds, Series 2005C, 0.000%, 8/01/26 – NPFG Insured       
2,460  Santee School District, County, California, General Obligation Bonds, Capital Appreciation,  No Opt. Call  AAA  507,031 
   Election 2006, Series 2008D, 0.000%, 8/01/33 – AGC Insured       
2,000  Yuma Community College District, California, General Obligation Bonds, Series 2007B, 0.000%,  8/17 at 45.45  390,440 
   8/01/33 – AMBAC Insured       
70,435  Total California      22,599,193 
  Colorado – 11.1% (7.1% of Total Investments)        
11,000  Colorado Department of Transportation, Revenue Anticipation Bonds, Series 2000, 6.000%,  6/10 at 100.50  Aaa  11,600,490 
   6/15/15 (Pre-refunded 6/15/10) – AMBAC Insured       
1,150  Colorado Health Facilities Authority, Revenue Bonds, Poudre Valley Health System, Series  9/18 at 102.00  AAA  1,129,841 
   2005C, 5.250%, 3/01/40 – FSA Insured       
16,995  Denver City and County, Colorado, Airport System Revenue Refunding Bonds, Series 2000A,  11/10 at 100.00  A+  17,050,914 
   5.625%, 11/15/23 – AMBAC Insured (Alternative Minimum Tax)       
4,500  Denver City and County, Colorado, Airport System Revenue Refunding Bonds, Series 2001A,  11/11 at 100.00  A+  4,623,525 
   5.500%, 11/15/16 – FGIC Insured (Alternative Minimum Tax)       
1,500  Denver Convention Center Hotel Authority, Colorado, Senior Revenue Bonds, Convention Center  11/16 at 100.00  BBB–  1,054,860 
   Hotel, Series 2006, 4.625%, 12/01/30 – SYNCORA GTY Insured       
  E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 1997B:       
1,420   0.000%, 9/01/23 – NPFG Insured  No Opt. Call  533,750 
8,515   0.000%, 9/01/25 – NPFG Insured  No Opt. Call  2,742,426 
13,000  E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004B, 0.000%, 9/01/34 –  9/20 at 45.40  1,931,800 
   NPFG Insured       
5,000  Ebert Metropolitan District, Colorado, Limited Tax General Obligation Bonds, Series 2007,  12/17 at 100.00  BBB–  4,024,950 
   5.350%, 12/01/37 – RAAI Insured       
12,355  Northwest Parkway Public Highway Authority, Colorado, Senior Lien Revenue Bonds, Series 2001B,  6/11 at 40.52  AAA  4,846,990 
   0.000%, 6/15/26 (Pre-refunded 6/15/11) – FSA Insured       
75,435  Total Colorado      49,539,546 
  District of Columbia – 2.8% (1.8% of Total Investments)        
  District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds,       
  Series 2001:       
2,405   6.250%, 5/15/24  5/11 at 101.00  BBB  2,323,783 
5,135   6.500%, 5/15/33  No Opt. Call  BBB  4,363,466 
5,000  District of Columbia, General Obligation Bonds, Series 1998B, 6.000%, 6/01/19 – MBIA Insured  No Opt. Call  A+  5,713,800 
12,540  Total District of Columbia      12,401,049 
  Florida – 3.8% (2.4% of Total Investments)        
  Lee County, Florida, Airport Revenue Bonds, Series 2000A:       
3,075   5.875%, 10/01/18 – FSA Insured (Alternative Minimum Tax)  10/10 at 101.00  AAA  3,127,921 
4,860   5.875%, 10/01/19 – FSA Insured (Alternative Minimum Tax)  10/10 at 101.00  AAA  4,930,956 
9,250  Port Saint Lucie. Florida, Special Assessment Revenue Bonds, Southwest Annexation District 1B,  7/17 at 100.00  7,306,205 
   Series 2007, 5.000%, 7/01/40 – MBIA Insured       
2,500  South Miami Health Facilities Authority, Florida, Revenue Bonds, Baptist Health Systems of  8/17 at 100.00  AA–  1,477,650 
   South Florida, Series 2007, ROLS 11151, 17.488%, 8/15/42 (IF)       
19,685  Total Florida      16,842,732 
  Georgia – 0.8% (0.5% of Total Investments)        
3,750  Atlanta, Georgia, Airport General Revenue Bonds, Series 2000B, 5.625%, 1/01/30 – FGIC Insured  1/10 at 101.00  A+  3,535,050 
   (Alternative Minimum Tax)       
  Illinois – 15.3% (9.8% of Total Investments)        
  Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax       
  Revenues, Series 1998B-1:       
3,855   0.000%, 12/01/25 – FGIC Insured  No Opt. Call  AA–  1,551,175 
2,925   0.000%, 12/01/31 – FGIC Insured  No Opt. Call  AA–  739,323 
5,865  Chicago, Illinois, General Obligation Bonds, Neighborhoods Alive 21 Program, Series 2000A,  7/10 at 101.00  AAA  6,249,040 
   6.500%, 1/01/35 (Pre-refunded 7/01/10) – FGIC Insured       
15,000  Chicago, Illinois, Second Lien Passenger Facility Charge Revenue Bonds, O’Hare International  1/11 at 101.00  A1  13,361,550 
   Airport, Series 2001A, 5.375%, 1/01/32 – AMBAC Insured (Alternative Minimum Tax)       
  Chicago, Illinois, Second Lien Passenger Facility Charge Revenue Bonds, O’Hare International       
  Airport, Series 2001C:       
3,770   5.100%, 1/01/26 – AMBAC Insured (Alternative Minimum Tax)  1/11 at 101.00  A1  3,504,102 
5,460   5.250%, 1/01/32 – AMBAC Insured (Alternative Minimum Tax)  1/11 at 101.00  A1  4,782,141 
2,000  Illinois Finance Authority, Revenue Bonds, Children’s Memorial Hospital, Series 2008A, 5.250%,  8/18 at 100.00  AAA  1,854,260 
   8/15/47 – AGC Insured (UB)       
1,000  Illinois Finance Authority, Revenue Bonds, Edward Health Services Corporation, Series 2008A,  2/18 at 100.00  A+  873,960 
   5.500%, 2/01/40 – AMBAC Insured       
3,975  Illinois Finance Authority, Revenue Bonds, Sherman Health Systems, Series 2007A, 5.500%, 8/01/37  8/17 at 100.00  Baa1  3,014,521 
10,000  Illinois Health Facilities Authority, Revenue Bonds, Condell Medical Center, Series 2002,  5/12 at 100.00  Aaa  11,264,400 
   5.750%, 5/15/22 (Pre-refunded 5/15/12)       
2,000  Illinois Health Facilities Authority, Revenue Bonds, Midwest Care Center I Inc., Series 2001,  2/11 at 102.00  Aaa  2,030,020 
   5.950%, 2/20/36       
8,945  Lake and McHenry Counties Community Unit School District 118, Wauconda, Illinois, General  1/15 at 74.44  Aa3  5,073,067 
   Obligation Bonds, Series 2005B, 0.000%, 1/01/21 – FSA Insured       
9,000  McHenry County Community Unit School District 200, Woodstock, Illinois, General Obligation  No Opt. Call  Aa3  4,635,630 
   Bonds, Series 2006B, 0.000%, 1/15/23 – FGIC Insured       
  Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion       
  Project, Series 2002A:       
6,700   0.000%, 12/15/23 – NPFG Insured  No Opt. Call  AAA  3,141,965 
2,920   5.000%, 12/15/28 – NPFG Insured  6/12 at 101.00  AAA  2,953,609 
1,100   0.000%, 12/15/35 – NPFG Insured  No Opt. Call  AAA  219,824 
2,455   0.000%, 6/15/41 – NPFG Insured  No Opt. Call  AAA  349,567 
7,500  Valley View Public Schools, Community Unit School District 365U of Will County, Illinois,  No Opt. Call  AA  3,100,725 
   General Obligation Bonds, Series 2005, 0.000%, 11/01/25 – NPFG Insured       
94,470  Total Illinois      68,698,879 
  Indiana – 3.2% (2.0% of Total Investments)        
2,000  Hospital Authority of Delaware County, Indiana, Hospital Revenue Bonds, Cardinal Health  8/16 at 100.00  Baa3  1,349,200 
   System, Series 2006, 5.250%, 8/01/36       
2,000  Indiana Health Facility Financing Authority, Revenue Bonds, Community Foundation of Northwest  3/17 at 100.00  BBB  1,744,880 
   Indiana, Series 2007, 5.500%, 3/01/37       
765  Indiana Housing Finance Authority, Single Family Mortgage Revenue Bonds, Series 2000D-3,  1/10 at 100.00  Aaa  783,597 
   5.950%, 7/01/26 (Alternative Minimum Tax)       
2,225  Indiana Municipal Power Agency, Power Supply Revenue Bonds, Series 2007A, 5.000%, 1/01/42 –  1/17 at 100.00  A+  2,115,463 
   MBIA Insured       
7,660  St. Joseph County Hospital Authority, Indiana, Revenue Bonds, Memorial Health System, Series  2/11 at 100.00  AA– (4)  8,240,092 
   2000, 5.625%, 8/15/33 (Pre-refunded 2/15/11) – AMBAC Insured       
14,650  Total Indiana      14,233,232 
  Iowa – 0.4% (0.3% of Total Investments)        
3,100  Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C,  6/15 at 100.00  BBB  1,868,060 
   5.625%, 6/01/46       
  Kansas – 0.9% (0.6% of Total Investments)        
3,790  Kansas Department of Transportation, Highway Revenue Bonds, Series 2004A, 5.000%,  3/14 at 100.00  AAA  4,033,659 
   3/01/23 (UB)       
  Kentucky – 0.2% (0.1% of Total Investments)        
1,000  Kentucky Economic Development Finance Authority, Louisville Arena Project Revenue Bonds,  6/18 at 100.00  AAA  1,038,070 
   Louisville Arena Authority, Inc., Series 2008A-1, 6.000%, 12/01/33 – AGC Insured       
  Louisiana – 0.9% (0.6% of Total Investments)        
5,000  Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project,  5/17 at 100.00  A3  4,000,600 
   Series 2007A, 5.375%, 5/15/43       
  Massachusetts – 0.3% (0.2% of Total Investments)        
835  Massachusetts Educational Finance Authority, Student Loan Revenue Refunding Bonds, Series  12/09 at 101.00  AA  849,262 
   2000G, 5.700%, 12/01/11 – MBIA Insured (Alternative Minimum Tax)       
500  Massachusetts Health and Educational Facilities Authority, Revenue Bonds, CareGroup Inc.,  7/18 at 100.00  A3  422,815 
   Series 2008E-1, 5.125%, 7/01/38       
1,335  Total Massachusetts      1,272,077 
  Michigan – 8.3% (5.3% of Total Investments)        
540  Detroit, Michigan, General Obligation Bonds, Series 2003A, 5.250%, 4/01/19 –  4/13 at 100.00  BB  463,622 
   SYNCORA GTY Insured       
10,000  Detroit, Michigan, Sewerage Disposal System Revenue Bonds, Series 1999A, 5.750%, 7/01/26  1/10 at 101.00  Aaa  10,317,800 
   (Pre-refunded 1/01/10) – FGIC Insured       
6,475  Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Ascension Health Credit  11/09 at 101.00  AAA  6,639,465 
   Group, Series 1999A, 5.750%, 11/15/16 (Pre-refunded 11/15/09) – MBIA Insured       
3,275  Michigan State Hospital Finance Authority, Revenue Refunding Bonds, Detroit Medical Center  8/09 at 100.00  BB–  2,890,908 
   Obligated Group, Series 1993A, 6.500%, 8/15/18       
6,000  Michigan Strategic Fund, Collateralized Limited Obligation Pollution Control Revenue Refunding  9/11 at 100.00  A–  5,376,540 
   Bonds, Fixed Rate Conversion, Detroit Edison Company, Series 1999C, 5.650%, 9/01/29 –       
   SYNCORA GTY Insured (Alternative Minimum Tax)       
7,500  Michigan Strategic Fund, Limited Obligation Revenue Refunding Bonds, Detroit Edison Company,  12/12 at 100.00  Baa1  6,399,975 
   Series 2002C, 5.450%, 12/15/32 – SYNCORA GTY Insured (Alternative Minimum Tax)       
5,900  Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont  11/11 at 100.00  A1  5,135,773 
   Hospital, Series 2001M, 5.250%, 11/15/35 – MBIA Insured       
39,690  Total Michigan      37,224,083 
  Minnesota – 2.1% (1.3% of Total Investments)        
7,000  Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds,  1/11 at 100.00  AAA  7,454,860 
   Series 2001A, 5.250%, 1/01/32 (Pre-refunded 1/01/11) – FGIC Insured       
1,880  Minnesota Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2000C, 6.100%,  1/10 at 100.00  AA+  1,908,332 
   7/01/30 (Alternative Minimum Tax)       
8,880  Total Minnesota      9,363,192 
  Mississippi – 0.5% (0.4% of Total Investments)        
2,475  Mississippi Hospital Equipment and Facilities Authority, Revenue Bonds, Baptist Memorial  9/14 at 100.00  AA  2,500,319 
   Healthcare, Series 2004, 5.000%, 9/01/24 (UB)       
  Missouri – 0.7% (0.4% of Total Investments)        
5,000  Kansas City Municipal Assistance Corporation, Missouri, Leasehold Revenue Bonds, Series  No Opt. Call  AA–  1,570,400 
   2004B-1, 0.000%, 4/15/28 – AMBAC Insured       
1,500  Missouri-Illinois Metropolitan District Bi-State Development Agency, Mass Transit Sales Tax  10/13 at 100.00  AAA  1,423,005 
   Appropriation Bonds, Metrolink Cross County Extension Project, Series 2002B, 5.000%, 10/01/32 –       
   FSA Insured       
6,500  Total Missouri      2,993,405 
  Nevada – 6.2% (4.0% of Total Investments)        
4,885  Clark County, Nevada, Limited Tax General Obligation Bank Bonds, Series 2000, 5.500%, 7/01/18  7/10 at 100.00  AA+ (4)  5,112,934 
   (Pre-refunded 7/01/10)       
7,500  Clark County, Nevada, Subordinate Lien Airport Revenue Bonds, Series 1999A, 6.000%, 7/01/29  7/10 at 101.00  Aa3 (4)  7,953,900 
   (Pre-refunded 7/01/10) – MBIA Insured       
1,950  Director of Nevada State Department of Business and Industry, Revenue Bonds, Las Vegas  1/10 at 102.00  Caa2  391,073 
   Monorail Project, First Tier, Series 2000, 5.625%, 1/01/32 – AMBAC Insured       
2,500  Reno, Neveda, Health Facilty Revenue Bonds, Catholic Healthcare West, Trust 2634, 17.924%,  7/17 at 100.00  AAA  2,570,350 
   7/01/31 – BHAC Insured (IF)       
10,750  Truckee Meadows Water Authority, Nevada, Water Revenue Bonds, Series 2001A, 5.250%, 7/01/34  7/11 at 100.00  AAA  11,689,228 
   (Pre-refunded 7/01/11) – FSA Insured       
27,585  Total Nevada      27,717,485 
  New Jersey – 8.1% (5.2% of Total Investments)        
16,840  New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Barnabas Health  1/17 at 39.39  Baa2  1,730,478 
   Care System, Series 2006A, 0.000%, 7/01/35       
2,400  New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Trinitas Hospital  7/10 at 101.00  BBB– (4)  2,575,584 
   Obligated Group, Series 2000, 7.500%, 7/01/30 (Pre-refunded 7/01/10)       
14,865  New Jersey Housing and Mortgage Finance Agency, Home Buyer Program Revenue Bonds, Series  10/10 at 100.00  Aaa  15,116,813 
   2000CC, 5.850%, 10/01/25 – MBIA Insured (Alternative Minimum Tax)       
1,905  New Jersey Housing and Mortgage Finance Agency, Multifamily Housing Revenue Bonds, Series  11/09 at 100.00  A+ (4)  1,904,886 
   1997A, 5.550%, 5/01/27 – AMBAC Insured (Alternative Minimum Tax)       
20,000  New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2006C,  No Opt. Call  AAA  4,410,400 
   0.000%, 12/15/33 – FSA Insured       
6,470  Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,  6/12 at 100.00  AAA  7,070,093 
   Series 2002, 5.750%, 6/01/32 (Pre-refunded 6/01/12)       
6,500  Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,  6/17 at 100.00  BBB  3,519,165 
   Series 2007-1A, 5.000%, 6/01/41       
68,980  Total New Jersey      36,327,419 
  New Mexico – 5.2% (3.3% of Total Investments)        
8,500  Farmington, New Mexico, Pollution Control Revenue Refunding Bonds, Public Service Company of  10/09 at 100.00  Baa3  7,727,860 
   New Mexico – San Juan Project, Series 1997B, 5.800%, 4/01/22       
  New Mexico Hospital Equipment Loan Council, Hospital Revenue Bonds, Presbyterian Healthcare       
  Services, Series 2001A:       
8,000   5.500%, 8/01/25 (Pre-refunded 8/01/11)  8/11 at 101.00  AA– (4)  8,748,880 
6,200   5.500%, 8/01/30 (Pre-refunded 8/01/11)  8/11 at 101.00  AA– (4)  6,780,382 
22,700  Total New Mexico      23,257,122 
  New York – 9.0% (5.8% of Total Investments)        
10,000  Dormitory Authority of the State of New York, New York City, Lease Revenue Bonds, Court  5/10 at 101.00  AA– (4)  10,535,000 
   Facilities, Series 1999, 6.000%, 5/15/39 (Pre-refunded 5/15/10)       
7,000  Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,  7/12 at 100.00  AA–  7,002,520 
   Series 2002A, 5.125%, 1/01/29       
5,000  New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue  12/09 at 101.00  AAA  5,016,200 
   Bonds, Fiscal Series 1999B, 5.000%, 6/15/29 – FSA Insured       
2,255  New York City Transit Authority, New York, Metropolitan Transportation Authority, Triborough  1/10 at 101.00  N/R (4)  2,328,513 
   Bridge and Tunnel Authority, Certificates of Participation, Series 2000A, 5.750%, 1/01/20       
   (Pre-refunded 1/01/10) – AMBAC Insured       
9,750  New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal  5/10 at 101.00  AAA  10,280,400 
   Series 2000B, 6.000%, 11/15/29 (Pre-refunded 5/15/10)       
5,400  New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 79, 5.300%, 4/01/29  9/09 at 101.00  Aa1  5,328,180 
   (Alternative Minimum Tax)       
39,405  Total New York      40,490,813 
  North Carolina – 5.2% (3.3% of Total Investments)        
18,555  North Carolina Eastern Municipal Power Agency, Power System Revenue Refunding Bonds, Series  1/10 at 100.00  Baa1  18,571,884 
   1993B, 5.500%, 1/01/17 – FGIC Insured       
1,900  North Carolina Turnpike Authority, Triangle Expressway System Senior Lien Revenue Bonds,  1/19 at 100.00  AAA  1,910,868 
   Series 2009A, 5.750%, 1/01/39 – AGC Insured       
3,000  The Charlotte-Mecklenberg Hospital Authority, North Carolina, Doing Business as Carolinas  1/18 at 100.00  AA–  2,838,690 
   HealthCare System, Health Care Refunding Revenue Bonds, Series 2008A, 5.000%, 1/15/47       
23,455  Total North Carolina      23,321,442 
  Ohio – 5.4% (3.5% of Total Investments)        
  Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue       
  Bonds, Senior Lien, Series 2007A-2:       
2,795   5.375%, 6/01/24  6/17 at 100.00  BBB  2,343,328 
240   5.125%, 6/01/24  6/17 at 100.00  BBB  197,700 
2,700   5.875%, 6/01/30  6/17 at 100.00  BBB  1,902,204 
2,755   5.750%, 6/01/34  6/17 at 100.00  BBB  1,781,135 
7,995   5.875%, 6/01/47  6/17 at 100.00  BBB  4,590,169 
5,150  Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue  6/22 at 100.00  BBB  2,448,362 
   Bonds, Senior Lien, Series 2007A-3, 0.000%, 6/01/37       
  Montgomery County, Ohio, Hospital Facilities Revenue Bonds, Kettering Medical Center, Series 1999:       
5,000   6.750%, 4/01/18 (Pre-refunded 4/01/10)  4/10 at 101.00  A (4)  5,260,150 
5,000   6.750%, 4/01/22 (Pre-refunded 4/01/10)  4/10 at 101.00  A (4)  5,260,150 
3,750  Ohio Higher Educational Facilities Commission, Revenue Bonds, University Hospitals Health  1/17 at 100.00  187,575 
   System Inc., Series 2007A, Trust 2812-1, 11.870%, 1/15/46 – AMBAC Insured (IF)       
195  Ohio Housing Finance Agency, GNMA Mortgage-Backed Securities Program Residential Mortgage  8/10 at 100.00  Aaa  200,066 
   Revenue Bonds, Series 2000C, 6.050%, 3/01/32 (Alternative Minimum Tax)       
35,580  Total Ohio      24,170,839 
  Oklahoma – 0.9% (0.5% of Total Investments)        
1,675  Oklahoma Development Finance Authority, Health System Revenue Bonds, Integris Baptist Medical  8/18 at 100.00  AA–  1,672,488 
   Center, Series 2008B, 5.250%, 8/15/38       
2,235  Oklahoma Development Finance Authority, Revenue Bonds, St. John Health System, Series 2004,  2/14 at 100.00  2,169,783 
   5.000%, 2/15/24       
3,910  Total Oklahoma      3,842,271 
  Pennsylvania – 1.7% (1.1% of Total Investments)        
95  Delaware River Port Authority, New Jersey and Pennsylvania, Revenue Bonds, Series 1999,  1/10 at 100.00  AAA  96,641 
   5.750%, 1/01/15 – FSA Insured       
1,250  Erie, Pennsylvania, Water Authority, Water Revenue Bonds, Series 2008, 5.000%, 12/01/43 –  12/18 at 100.00  AAA  1,206,213 
   FSA Insured       
3,250  Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, Series 2008,  10/16 at 100.00  AA+  2,844,075 
   4.650%, 10/01/31 (Alternative Minimum Tax) (UB)       
5,000  Pennsylvania Turnpike Commission, Turnpike Subordinate Revenue Bonds, Series 2009C, 0.000%,  6/26 at 100.00  AAA  3,405,400 
   6/01/33 – FSA Insured       
9,595  Total Pennsylvania      7,552,329 
  Puerto Rico – 2.6% (1.7% of Total Investments)        
800  Puerto Rico Public Buildings Authority, Guaranteed Government Facilities Revenue Refunding  7/17 at 100.00  BBB–  593,368 
   Bonds, Series 2002D, 0.000%, 7/01/31 – AMBAC Insured       
2,200  Puerto Rico Public Buildings Authority, Guaranteed Government Facilities Revenue Refunding  7/17 at 100.00  Baa3 (4)  2,173,908 
   Bonds, Series 2002D, 0.000%, 7/01/31 (Pre-refunded 7/01/17) – AMBAC Insured       
12,000  Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series  8/26 at 100.00  A+  7,668,600 
   2009A, 0.000%, 8/01/32       
23,890  Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A, 0.000%,  No Opt. Call  AA–  1,239,174 
   8/01/54 – AMBAC Insured       
38,890  Total Puerto Rico      11,675,050 
  Rhode Island – 1.5% (1.0% of Total Investments)        
  Rhode Island Housing & Mortgage Finance Corporation, Homeownership Opportunity 57-B Bond       
  Program, Series 2008, Trust 1177:       
1,500   9.529%, 10/01/27 (Alternative Minimum Tax) (IF)  4/17 at 100.00  AA+  1,461,780 
1,000   9.629%, 10/01/32 (Alternative Minimum Tax) (IF)  4/17 at 100.00  AA+  937,650 
5,255  Rhode Island Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed Bonds,  6/12 at 100.00  BBB  4,366,064 
   Series 2002A, 6.125%, 6/01/32       
7,755  Total Rhode Island      6,765,494 
  South Carolina – 8.1% (5.2% of Total Investments)        
  Greenville County School District, South Carolina, Installment Purchase Revenue Bonds, Series 2002:       
5,500   6.000%, 12/01/21 (Pre-refunded 12/01/12)  12/12 at 101.00  AA (4)  6,453,425 
4,500   6.000%, 12/01/21 (Pre-refunded 12/01/12)  12/12 at 101.00  AA (4)  5,280,075 
3,750  Greenwood County, South Carolina, Hospital Revenue Bonds, Self Memorial Hospital, Series 2001,  10/11 at 100.00  3,418,838 
   5.500%, 10/01/31       
2,500  Lexington County Health Service District, South Carolina, Hospital Revenue Refunding and  11/13 at 100.00  A+ (4)  2,932,225 
   Improvement Bonds, Series 2003, 5.750%, 11/01/28 (Pre-refunded 11/01/13)       
2,825  Medical University Hospital Authority, South Carolina, FHA-Insured Mortgage Revenue Bonds,  8/14 at 100.00  2,898,252 
   Series 2004A, 5.250%, 2/15/22 – MBIA Insured       
21,565  Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 2004A-2,  No Opt. Call  A–  5,994,423 
   0.000%, 1/01/30 – AMBAC Insured       
1,250  South Carolina Housing Finance and Development Authority, Mortgage Revenue Bonds, Series  6/10 at 100.00  Aa1  1,259,900 
   2000A-2, 6.000%, 7/01/20 – FSA Insured (Alternative Minimum Tax)       
7,555  Tobacco Settlement Revenue Management Authority, South Carolina, Tobacco Settlement  5/12 at 100.00  BBB (4)  7,949,220 
   Asset-Backed Bonds, Series 2001B, 6.000%, 5/15/22 (Pre-refunded 5/15/12)       
49,445  Total South Carolina      36,186,358 
  South Dakota – 1.9% (1.2% of Total Investments)        
4,805  Sioux Falls, South Dakota, Industrial Revenue Refunding Bonds, Great Plains Hotel Corporation,  10/14 at 100.00  AAA  5,846,147 
   Series 1989, 8.500%, 11/01/16 (Pre-refunded 10/15/14) (Alternative Minimum Tax)       
1,280  South Dakota Education Loans Inc., Revenue Bonds, Subordinate Series 1998-1K, 5.600%, 6/01/20  12/09 at 101.00  B3  935,782 
   (Alternative Minimum Tax)       
1,750  South Dakota Health and Educational Facilities Authority, Revenue Bonds, Sioux Valley  11/14 at 100.00  AA–  1,736,525 
   Hospitals, Series 2004A, 5.500%, 11/01/31       
7,835  Total South Dakota      8,518,454 
  Tennessee – 7.4% (4.7% of Total Investments)        
5,000  Knox County Health, Educational and Housing Facilities Board, Tennessee, Hospital Revenue  4/12 at 101.00  A1  5,017,300 
   Bonds, Baptist Health System of East Tennessee Inc., Series 2002, 6.500%, 4/15/31       
20,060  Knox County Health, Educational and Housing Facilities Board, Tennessee, Hospital Revenue  1/13 at 80.49  AAA  13,901,379 
   Refunding Bonds, Covenant Health, Series 2002A, 0.000%, 1/01/17 – FSA Insured       
12,500  Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board,  11/09 at 101.00  AAA  12,826,125 
   Tennessee, Revenue Bonds, Ascension Health Credit Group, Series 1999A, 5.875%, 11/15/28       
   (Pre-refunded 11/15/09) – AMBAC Insured       
2,000  Sullivan County Health Educational and Housing Facilities Board, Tennessee, Revenue Bonds,  3/13 at 100.00  N/R  1,297,700 
   Wellmont Health System, Refunding Series 200A, 5.440%, 9/01/32       
39,560  Total Tennessee      33,042,504 
  Texas – 14.6% (9.3% of Total Investments)        
5,110  Brazos River Authority, Texas, Pollution Control Revenue Refunding Bonds, TXU Electric  4/13 at 101.00  Caa3  2,413,095 
   Company, Series 1999C, 7.700%, 3/01/32 (Alternative Minimum Tax)       
7,925  Brazos River Authority, Texas, Pollution Control Revenue Refunding Bonds, TXU Electric  No Opt. Call  CCC  6,152,732 
   Company, Series 2001C, 5.750%, 5/01/36 (Mandatory put 11/01/11) (Alternative Minimum Tax)       
4,080  Central Texas Regional Mobility Authority, Travis and Williamson Counties, Toll Road Revenue  1/15 at 100.00  3,144,619 
   Bonds, Series 2005, 5.000%, 1/01/35 – FGIC Insured       
5,500  Dallas Area Rapid Transit, Texas, Senior Lien Sales Tax Revenue Bonds, Series 2001, 5.000%,  12/11 at 100.00  AAA  6,040,705 
   12/01/31 (Pre-refunded 12/01/11) – AMBAC Insured       
2,000  Ennis Independent School District, Ellis County, Texas, General Obligation Bonds, Series 2006,  8/16 at 54.64  N/R  740,140 
   0.000%, 8/15/28       
1,550  Gulf Coast Waste Disposal Authority, Texas, Waste Disposal Revenue Bonds, Valero Energy  4/11 at 101.00  BBB  1,486,047 
   Corporation, Series 2001, 6.650%, 4/01/32 (Alternative Minimum Tax)       
7,570  Harris County-Houston Sports Authority, Texas, Junior Lien Revenue Bonds, Series 2001H,  No Opt. Call  1,420,359 
   0.000%, 11/15/31 – MBIA Insured       
5,000  Houston Community College System, Texas, Limited Tax General Obligation Bonds, Series 2003,  2/13 at 100.00  AA+  5,121,900 
   5.000%, 2/15/26 – AMBAC Insured (UB)       
9,000  Matagorda County Navigation District 1, Texas, Collateralized Revenue Refunding Bonds, Houston  No Opt. Call  BBB+  7,364,880 
   Light and Power Company, Series 1997, 5.125%, 11/01/28 – AMBAC Insured (Alternative       
   Minimum Tax)       
7,000  North Texas Thruway Authority, First Tier System Revenue Refunding Bonds, Capital Appreciation  1/25 at 100.00  A–  4,765,390 
   Series 2008I, 0.000%, 1/01/43       
340  Panhandle Regional Housing Finance Corporation, Texas, GNMA Mortgage-Backed Securities Program  11/09 at 100.00  N/R  344,389 
   Single Family Mortgage Revenue Bonds, Series 1991A, 7.500%, 5/01/24 (Alternative Minimum Tax)       
2,110  Richardson Hospital Authority, Texas, Revenue Bonds, Richardson Regional Medical Center,  12/13 at 100.00  Baa2  1,882,837 
   Series 2004, 6.000%, 12/01/19       
4,700  Sam Rayburn Municipal Power Agency, Texas, Power Supply System Revenue Refunding Bonds,  10/12 at 100.00  Baa2  4,767,022 
   Series 2002A, 6.000%, 10/01/21       
5,500  Spring Independent School District, Harris County, Texas, Unlimited Tax Schoolhouse Bonds,  8/11 at 100.00  AAA  5,597,955 
   Series 2001, 5.000%, 8/15/26       
4,375  Tarrant County Cultural & Educational Facilities Financing Corporation, Texas, Revenue Bonds,  11/17 at 100.00  AA–  3,696,000 
   Tarrant County Health Resources, Series 2008, Trust 1197, 8.973%, 11/15/47 (IF)       
3,335  Texas State, General Obligation Bonds, Water Financial Assistance, Tender Option Bond Trust  8/19 at 100.00  AA+  3,429,214 
   3479, 13.160%, 8/01/39 (IF)       
  White Settlement Independent School District, Tarrant County, Texas, General Obligation Bonds,       
  Series 2006:       
9,110   0.000%, 8/15/36  8/15 at 33.75  AAA  1,914,558 
9,110   0.000%, 8/15/41  8/15 at 25.73  AAA  1,436,192 
7,110   0.000%, 8/15/45  8/15 at 20.76  AAA  878,227 
1,910  Winter Garden Housing Finance Corporation, Texas, GNMA/FNMA Mortgage-Backed Securities  10/09 at 100.00  AAA  1,912,273 
   Program Single Family Mortgage Revenue Bonds, Series 1994, 6.950%, 10/01/27       
   (Alternative Minimum Tax)       
2,000  Wylie Independent School District, Taylor County, Texas, General Obligation Bonds, Series  8/15 at 57.10  AAA  842,500 
   2005, 0.000%, 8/15/26       
104,335  Total Texas      65,351,034 
  Utah – 4.4% (2.8% of Total Investments)        
3,565  Utah Associated Municipal Power Systems, Revenue Bonds, Payson Power Project, Series 2003,  4/13 at 100.00  AAA  3,602,789 
   5.000%, 4/01/24 – FSA Insured (UB)       
16,050  Utah County, Utah, Hospital Revenue Bonds, IHC Health Services Inc., Series 1997, 5.250%,  8/09 at 100.00  A (4)  16,103,607 
   8/15/26 – NPFG Insured (ETM)       
19,615  Total Utah      19,706,396 
  Vermont – 2.1% (1.3% of Total Investments)        
  Vermont Educational and Health Buildings Financing Agency, Revenue Bonds, Fletcher Allen       
  Health Care Inc., Series 2000A:       
3,720   6.125%, 12/01/15 – AMBAC Insured  12/10 at 101.00  Baa1  3,782,124 
4,265   6.250%, 12/01/16 – AMBAC Insured  12/10 at 101.00  Baa1  4,334,050 
1,185  Vermont Housing Finance Agency, Single Family Housing Bonds, Series 2000-13A, 5.950%, 11/01/25 –  11/09 at 100.00  AAA  1,213,736 
   FSA Insured (Alternative Minimum Tax)       
9,170  Total Vermont      9,329,910 
  Virginia – 0.3% (0.2% of Total Investments)        
2,000  Fairfax County Economic Development Authority, Virginia, Residential Care Facilities Mortgage  10/17 at 100.00  N/R  1,524,960 
   Revenue Bonds, Goodwin House, Inc., Series 2007A, 5.125%, 10/01/42       
  Washington – 3.8% (2.4% of Total Investments)        
8,810  Chelan County Public Utility District 1, Washington, Hydro Consolidated System Revenue Bonds,  7/11 at 101.00  AA  8,126,785 
   Series 2001A, 5.600%, 1/01/36 – NPFG Insured (Alternative Minimum Tax) (UB)       
7,225  Port of Seattle, Washington, Special Facility Revenue Bonds, Terminal 18, Series 1999B,  3/10 at 101.00  7,271,023 
   6.000%, 9/01/20 – MBIA Insured (Alternative Minimum Tax)       
2,500  Washington State Health Care Facilities Authority, Revenue Bonds, Northwest Hospital and  No Opt. Call  N/R  1,719,525 
   Medical Center of Seattle, Series 2007, 5.700%, 12/01/32       
18,535  Total Washington      17,117,333 
  West Virginia – 1.1% (0.7% of Total Investments)        
5,000  Mason County, West Virginia, Pollution Control Revenue Bonds, Appalachian Power Company,  10/11 at 100.00  BBB  4,926,000 
   Series 2003L, 5.500%, 10/01/22       
  Wisconsin – 2.9% (1.9% of Total Investments)        
5,950  Badger Tobacco Asset Securitization Corporation, Wisconsin, Tobacco Settlement Asset-Backed  6/12 at 100.00  AAA  6,471,756 
   Bonds, Series 2002, 6.125%, 6/01/27 (Pre-refunded 6/01/12)       
5,000  Madison, Wisconsin, Industrial Development Revenue Refunding Bonds, Madison Gas and Electric  4/12 at 100.00  AA–  4,949,600 
   Company Projects, Series 2002A, 5.875%, 10/01/34 (Alternative Minimum Tax)       
2,100  Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Wheaton Franciscan  8/13 at 100.00  BBB+  1,555,638 
   Services Inc., Series 2003A, 5.125%, 8/15/33       
13,050  Total Wisconsin      12,976,994 
$       946,090  Total Investments (cost $729,392,590) – 156.3%      699,931,626 
  Floating Rate Obligations – (4.1)%      (18,540,000)
  Other Assets Less Liabilities – 3.9%      17,600,427 
  Preferred Shares, at Liquidation Value – (56.1)% (5)      (251,275,000)
  Net Assets Applicable to Common Shares – 100%      $ 447,717,053 

Fair Value Measurements

During the current fiscal period, the Fund adopted the provisions of Statement of Financial Accounting Standards No. 157 (SFAS No. 157) “Fair Value Measurements.” SFAS No. 157 defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosure about fair value measurements. In determining the value of the Fund’s investments various inputs are used. These inputs are summarized in the three broad levels listed below:

Level 1 – Quoted prices in active markets for identical securities.

Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3 – Significant unobservable inputs (including management’s assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of July 31, 2009:

  Level 1   Level 2   Level 3   Total  
Investments:         
  Municipal Bonds  $ —  $699,931,626  $ —  $699,931,626 

Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate transactions subject to Statement of Financial Accounting Standards No. 140 (SFAS No. 140), if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.

At July 31, 2009, the cost of investments was $710,280,859.

Gross unrealized appreciation and gross unrealized depreciation of investments at July 31, 2009, were as follows:

Gross unrealized:   
  Appreciation  $ 26,700,794 
  Depreciation  (55,590,313)
 
Net unrealized appreciation (depreciation) of investments  $(28,889,519)

(1)  All percentages shown in the Portfolio of Investments are based on net assets applicable to Common 
  shares unless otherwise noted. 
(2)  Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. 
  There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities 
  may be subject to periodic principal paydowns. 
(3)  Ratings: Using the higher of Standard & Poor’s Group (“Standard & Poor’s”) or Moody’s Investor Service, 
  Inc. (“Moody’s”) rating. Ratings below BBB by Standard & Poor’s or Baa by Moody’s are considered to 
  be below investment grade. 
(4)  Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities 
  which ensure the timely payment of principal and interest. Such investments are normally considered to be 
  equivalent to AAA rated securities. 
(5)  Preferred Shares, at Liquidation Value as a percentage of Total Investments is 35.9%. 
N/R  Not rated. 
(ETM)  Escrowed to maturity. 
(IF)  Inverse floating rate investment. 
(UB)  Underlying bond of an inverse floating rate trust reflected as a financing transaction pursuant to the 
  provisions of SFAS No. 140. 


Item 2. Controls and Procedures.

  1. The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
  2. There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)         Nuveen Select Quality Municipal Fund, Inc.         

By (Signature and Title)          /s/ Kevin J. McCarthy                    
                                                  Kevin J. McCarthy
                                                  Vice President and Secretary

Date          September 29, 2009        

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)         /s/ Gifford R. Zimmerman                    
                                                 Gifford R. Zimmerman
                                                 Chief Administrative Officer (principal executive officer) 

Date          September 29, 2009        

By (Signature and Title)         /s/ Stephen D. Foy                              
                                                 Stephen D. Foy
                                                 Vice President and Controller (principal financial officer) 

Date         September 29, 2009        

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