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invesco.com/us
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VK-CE-IGMUNI-QTR-1 01/11 | Invesco Advisers, Inc. |
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Municipal Obligations172.12% |
||||||||||||||||
Alabama2.40% |
||||||||||||||||
Alabama (State of) Board of Education (Southern Union State Community College); Series 2003, Ref. & Improvement RB (INS-NATL) (a) |
5.25 | % | 07/01/20 | $ | 3,660 | $ | 3,808,010 | |||||||||
Bessemer Governmental Utility Services Corp.; Series 2008 A, Ref. Water Supply RB (INS-AGL) (a)(b) |
5.00 | % | 06/01/39 | 3,225 | 3,016,504 | |||||||||||
Birmingham (City of) Airport Authority; Series 2010, RB (INS-AGM) (a) |
5.25 | % | 07/01/30 | 2,500 | 2,438,975 | |||||||||||
Health Care Authority for Baptist Health (The); Series 2009 A, RB (c)(d) |
6.13 | % | 05/15/12 | 2,000 | 2,078,960 | |||||||||||
Huntsville-Redstone Village (City of) Special Care Facilities Financing Authority (Redstone Village); Series 2007, Retirement Facilities RB |
5.50 | % | 01/01/43 | 2,525 | 1,809,087 | |||||||||||
Selma (City of) Industrial Development Board (Gulf Opportunity Zone); Series 2009 A, IDR |
6.25 | % | 11/01/33 | 3,395 | 3,401,383 | |||||||||||
16,552,919 | ||||||||||||||||
Alaska0.54% |
||||||||||||||||
Matanuska-Susitna Borough (City of) (Public Safety Building Lease); Series 2000, COP (INS-AGM) (a) |
5.75 | % | 03/01/16 | 1,350 | 1,355,265 | |||||||||||
Northern Tobacco Securitization Corp.; Series 2006 A, Asset-Backed RB |
5.00 | % | 06/01/46 | 4,075 | 2,401,561 | |||||||||||
3,756,826 | ||||||||||||||||
Arizona4.10% |
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Arizona (State of) Transportation Board; |
||||||||||||||||
Series 2008 B, Highway RB |
5.00 | % | 07/01/25 | 2,560 | 2,650,470 | |||||||||||
Series 2008 B, Highway RB (b) |
5.00 | % | 07/01/26 | 3,835 | 3,931,527 | |||||||||||
Glendale (City of) Industrial Development Authority (Midwestern University); |
||||||||||||||||
Series 2010, RB |
5.00 | % | 05/15/35 | 750 | 649,515 | |||||||||||
Series 2010, RB |
5.13 | % | 05/15/40 | 1,500 | 1,331,115 | |||||||||||
Glendale Industrial Development Authority; Series 2005 B, Ref. RB |
5.00 | % | 12/01/37 | 2,065 | 1,671,700 | |||||||||||
Goodyear (City of) McDowell Road Commercial Corridor Improvement District; Series 2007, Special Assessment Bonds (INS-AMBAC) (a) |
5.25 | % | 01/01/32 | 1,775 | 1,620,415 | |||||||||||
Maricopa (County of) Industrial Development Authority (Catholic Healthcare West); Series 2009 C, Health Facilities RB (c)(d) |
5.00 | % | 07/01/14 | 3,330 | 3,557,505 | |||||||||||
Maricopa (County of) Pollution Control Corp. (Arizona Public Service Co. Palo Verde); Series 2009 B, Ref. PCR (c)(d) |
5.50 | % | 05/01/12 | 1,825 | 1,881,776 | |||||||||||
Navajo (County of) Pollution Control Corp.; |
||||||||||||||||
Series 2009 C, PCR (c)(d) |
5.50 | % | 06/01/14 | 900 | 955,827 | |||||||||||
Series 2009 E, PCR (c)(d) |
5.75 | % | 06/01/16 | 1,035 | 1,068,079 | |||||||||||
Phoenix (City of) Industrial Development Authority (Career Success Schools); |
||||||||||||||||
Series 2009, Education IDR |
7.00 | % | 01/01/39 | 970 | 920,016 | |||||||||||
Series 2009, Education IDR |
7.13 | % | 01/01/45 | 925 | 883,893 | |||||||||||
Pima (County of) Industrial Development Authority (Global Water Resources LLC); Series 2007, Water & Wastewater IDR (e) |
6.55 | % | 12/01/37 | 3,400 | 2,921,212 | |||||||||||
Salt River Project Agricultural Improvement & Power District; Series 2009 A, Electric System RB (b) |
5.00 | % | 01/01/28 | 3,145 | 3,186,923 | |||||||||||
University Medical Center Corp.; Series 2005, Hospital RB |
5.00 | % | 07/01/35 | 1,205 | 1,043,229 | |||||||||||
28,273,202 | ||||||||||||||||
California16.32% |
||||||||||||||||
Anaheim (City of) Public Financing Authority (Anaheim Public Improvements); Series 1997 C, Sub. Lease RB (INS-AGM) (a) |
6.00 | % | 09/01/16 | 1,300 | 1,429,714 | |||||||||||
Bay Area Toll Authority (San Francisco Bay Area); |
||||||||||||||||
Series 2008 F-1, Toll Bridge RB (b) |
5.00 | % | 04/01/39 | 1,500 | 1,408,395 | |||||||||||
Series 2008 F-1, Toll Bridge RB |
5.00 | % | 04/01/39 | 4,500 | 4,225,185 | |||||||||||
Beverly Hills (City of) Unified School District California (Election of 2008); Series 2009, Unlimited Tax GO Bonds (f) |
0.00 | % | 08/01/28 | 1,250 | 433,050 | |||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
California(continued) |
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California (State of) Department of Water Resources (Central Valley); |
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Series 2008 AE, Water RB (b) |
5.00 | % | 12/01/24 | $ | 1,175 | $ | 1,232,751 | |||||||||
Series 2008 AE, Water RB (b) |
5.00 | % | 12/01/25 | 1,500 | 1,557,420 | |||||||||||
Series 2008 AE, Water RB (b) |
5.00 | % | 12/01/26 | 1,500 | 1,540,185 | |||||||||||
Series 2008 AE, Water RB (b) |
5.00 | % | 12/01/27 | 875 | 890,794 | |||||||||||
Series 2008 AE, Water RB (b) |
5.00 | % | 12/01/28 | 1,500 | 1,517,805 | |||||||||||
California (State of) Department of Water Resources; |
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Series 2002, Water RB (INS-NATL/FGIC) (a) |
5.00 | % | 12/01/29 | 730 | 730,329 | |||||||||||
Series 2002 X, RB (c)(g) |
5.00 | % | 12/01/12 | 10 | 10,808 | |||||||||||
Series 2002 X, RB (c)(g) |
5.00 | % | 12/01/12 | 260 | 280,751 | |||||||||||
California (State of) Health Facilities Financing Authority (Catholic Health Care West) Series 2009 A, RB |
6.00 | % | 07/01/34 | 1,500 | 1,505,805 | |||||||||||
California (State of) Health Facilities Financing Authority (Sutter Health); Series 2011 B, RB |
5.50 | % | 08/15/26 | 1,000 | 988,050 | |||||||||||
California (State of) Housing Finance Agency (Catholic Healthcare West); Series 2009 A, RB (e) |
4.95 | % | 08/01/23 | 3,000 | 2,811,000 | |||||||||||
California (State of) Housing Finance Agency (Home Mortgage); |
||||||||||||||||
Series G 2007, RB (e) |
5.05 | % | 02/01/29 | 1,610 | 1,494,869 | |||||||||||
Series K 2008, RB (e) |
5.30 | % | 08/01/23 | 4,800 | 4,659,216 | |||||||||||
Series K 2008, RB (e) |
5.45 | % | 08/01/28 | 5,500 | 5,321,800 | |||||||||||
California (State of) Pollution Control Financing Authority (Waste Management Inc.); Series 2002 B, Solid Waste Disposal RB (e) |
5.00 | % | 07/01/27 | 1,500 | 1,425,285 | |||||||||||
California (State of) Statewide Communities Development Authority (Adventist Health System/West); Series 2005 A, Health Facility RB |
5.00 | % | 03/01/30 | 2,700 | 2,398,302 | |||||||||||
California (State of) Statewide Communities Development Authority (Kaiser Permanente); Series 2009 A, RB |
5.00 | % | 04/01/19 | 2,000 | 2,082,860 | |||||||||||
California (State of); |
||||||||||||||||
Series 2006 CD, Unlimited Tax GO Bonds (e) |
4.60 | % | 12/01/32 | 2,850 | 2,286,441 | |||||||||||
Series 2009, Various Purpose Unlimited Tax GO Bonds |
5.75 | % | 04/01/31 | 1,800 | 1,800,414 | |||||||||||
Series 2009 A, Ref. Economic Recovery Unlimited Tax GO Bonds |
5.25 | % | 07/01/21 | 2,900 | 3,108,597 | |||||||||||
California State University; Series 2002 A, System-Wide RB (INS-AMBAC) (a) |
5.00 | % | 11/01/33 | 5,000 | 4,677,300 | |||||||||||
Daly (City of) Housing Development Finance Agency; Series 2007 C, Third Tier Ref. RB |
6.50 | % | 12/15/47 | 585 | 476,126 | |||||||||||
Florin (City of) Resource Conservation District (Elk Grove Water Service); |
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Series 2002 B, COP (INS-NATL) (a) |
5.00 | % | 03/01/33 | 3,000 | 2,465,490 | |||||||||||
Series 2003 A, COP (INS-NATL) (a) |
5.00 | % | 09/01/33 | 1,750 | 1,435,053 | |||||||||||
Foothill/Eastern Transportation Corridor Agency; |
||||||||||||||||
Series 1995 A, Sr. Lien Toll Road RB (f)(h) |
0.00 | % | 01/01/23 | 10,750 | 6,527,937 | |||||||||||
Series 1999, Ref. Toll Road RB (INS-NATL) (a)(f) |
0.00 | % | 01/15/17 | 2,000 | 1,314,700 | |||||||||||
Fremont Unified School District; Series 2002 A, Unlimited Tax GO Bonds (INS-NATL) (a) |
5.00 | % | 08/01/25 | 3,000 | 3,014,670 | |||||||||||
Golden State Tobacco Securitization Corp.; |
||||||||||||||||
Series 2005 A, Enhanced Tobacco Settlement Asset-Backed RB |
5.00 | % | 06/01/45 | 4,000 | 3,138,720 | |||||||||||
Series 2007 A-1, Sr. Tobacco Settlement Asset-Backed RB |
5.75 | % | 06/01/47 | 8,515 | 5,589,501 | |||||||||||
Series 2027 A-1, Sr. Tobacco Settlement Asset-Backed Turbo RB |
4.50 | % | 06/01/27 | 3,150 | 2,277,702 | |||||||||||
Hesperia (City of) Public Financing Authority (Redevelopment & Housing); Series 2007 A, Tax Allocation RB (INS-SYNCORA) (a) |
5.00 | % | 09/01/37 | 700 | 477,477 | |||||||||||
Los Angeles (City of) Department of Airports (Los Angeles International Airport); Series 2010 B, Sub. RB |
5.00 | % | 05/15/40 | 2,000 | 1,825,380 | |||||||||||
Los Angeles Unified School District; Series 2009 D, Unlimited Tax GO Bonds |
5.00 | % | 07/01/22 | 1,800 | 1,851,606 | |||||||||||
Metropolitan Water District of Southern California; |
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Series 2003 B-1, Authorization Water RB (INS-NATL/FGIC) (a) |
5.00 | % | 10/01/33 | 1,500 | 1,484,850 | |||||||||||
Series 2009 A, Water RB |
5.00 | % | 01/01/34 | 2,500 | 2,498,200 | |||||||||||
Morongo Band of Mission Indians (Enterprise Casino); Series 2008, RB (i) |
5.50 | % | 03/01/18 | 260 | 244,314 | |||||||||||
Northern California Tobacco Securitization Authority (Sacramento County Tobacco Securitization Corp.); |
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Series 2005 A-1, Tobacco Settlement Asset-Backed Turbo RB |
5.38 | % | 06/01/38 | 4,700 | 3,233,741 | |||||||||||
Series 2005 A-1, Tobacco Settlement Asset-Backed Turbo RB |
5.50 | % | 06/01/45 | 1,500 | 941,685 | |||||||||||
Palm Springs (City of) Financing Authority (Convention Center Expansion); Series 2004 A, Lease RB (INS-NATL) (a) |
5.50 | % | 11/01/35 | 3,500 | 3,235,295 | |||||||||||
Palomar Pomerado Health Care District; Series 2009, COP |
6.75 | % | 11/01/39 | 1,700 | 1,657,704 | |||||||||||
Sacramento (County of); Series 2010, Sr. Airport System RB |
5.00 | % | 07/01/40 | 3,415 | 3,031,427 | |||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
California(continued) |
||||||||||||||||
San Francisco City & County Airports Commission Series 2008 A-4, RB (c)(d)(e) |
6.50 | % | 05/01/12 | $ | 1,850 | $ | 1,970,268 | |||||||||
Southern California Tobacco Securitization Authority (San Diego County Tobacco Asset Securitization Corp.) Series 2006 A-1, Sr. Tobacco Settlement Asset-Backed Turbo RB |
5.13 | % | 06/01/46 | 7,600 | 4,544,952 | |||||||||||
Southern California Tobacco Securitization Authority; Series 2006 A-1, Sr. Tobacco Settlement RB |
5.00 | % | 06/01/37 | 2,300 | 1,515,677 | |||||||||||
Temecula (City of) Redevelopment Agency (No. 1); Series 2002, Tax Allocation RB (INS-NATL) (a) |
5.25 | % | 08/01/36 | 3,000 | 2,501,910 | |||||||||||
Turlock (City of) (Emanuel Medical Center, Inc.); Series 2004, Health Facilities COP |
5.38 | % | 10/15/34 | 1,600 | 1,297,936 | |||||||||||
Twin Rivers Unified School District (School Facility Bridge); Series 2007, VRD COP (INS-AGM) (a)(c)(d) |
3.50 | % | 05/31/13 | 1,000 | 997,410 | |||||||||||
Vernon (City of); Series 2009 A, Electric System RB |
5.13 | % | 08/01/21 | 3,250 | 3,264,007 | |||||||||||
112,630,864 | ||||||||||||||||
Colorado2.66% |
||||||||||||||||
Colorado (State of) Educational & Cultural Facilities Authority (The Classical Academy); Series 2003, Ref. & Improvement RB (INS-SYNCORA) (a) |
5.25 | % | 12/01/23 | 3,405 | 3,388,417 | |||||||||||
Colorado (State of) Health Facilities Authority (Catholic Health); Series 2006 C5, RB (INS-AGM) (a)(b) |
5.00 | % | 09/01/36 | 7,300 | 6,731,184 | |||||||||||
Colorado (State of) Health Facilities Authority (Portercare Adventist Health); Series 2001, Hospital RB (c)(g) |
6.50 | % | 11/15/11 | 1,125 | 1,189,316 | |||||||||||
Colorado (State of) Health Facilities Authority (Volunteers of America Care); |
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Series 2007 A, RB |
5.25 | % | 07/01/27 | 800 | 665,272 | |||||||||||
Series 2007 A, RB |
5.30 | % | 07/01/37 | 600 | 432,090 | |||||||||||
Colorado (State of) Regional Transportation District (Denver Transit Partners Eagle P3); Series 2010, Private Activity RB |
6.50 | % | 01/15/30 | 2,100 | 2,081,856 | |||||||||||
Montezuma (County of) Hospital District (Health Facilities Enterprise); Series 2007, Ref. Hospital RB |
5.90 | % | 10/01/37 | 955 | 745,120 | |||||||||||
Regional Transportation District (Denver Transit Partners Eagle P3); Series 2010, Private Activities RB |
6.00 | % | 01/15/34 | 1,700 | 1,563,303 | |||||||||||
Salida Hospital District (Health Facilities Enterprise); Series 2006, Hospital RB |
5.25 | % | 10/01/36 | 2,048 | 1,565,901 | |||||||||||
18,362,459 | ||||||||||||||||
Connecticut1.14% |
||||||||||||||||
Connecticut (State of) (Bradley International Airport); Series 2000 A, Special Obligation Parking RB (INS-ACA) (a)(e) |
6.60 | % | 07/01/24 | 3,580 | 3,323,457 | |||||||||||
Connecticut (State of) Housing Finance Authority; Series 2010 D 2, Sub. Housing Mortgage Finance Program RB (e) |
5.00 | % | 05/15/31 | 2,500 | 2,386,325 | |||||||||||
Hamden (Town of) (Whitney Center); Series 2009 B, Facility Entrance Fee Principal Redemption RB |
6.13 | % | 01/01/14 | 2,150 | 2,157,955 | |||||||||||
7,867,737 | ||||||||||||||||
District of Columbia2.53% |
||||||||||||||||
District of Columbia (Friendship Public Charter School, Inc.); Series 2003, RB (INS-ACA) (a) |
5.75 | % | 06/01/18 | 2,000 | 1,981,000 | |||||||||||
District of Columbia (Sibley Memorial Hospital); |
||||||||||||||||
Series 2009, Hospital RB |
6.50 | % | 10/01/29 | 1,100 | 1,146,442 | |||||||||||
Series 2009, Hospital RB |
6.38 | % | 10/01/34 | 3,650 | 3,753,477 | |||||||||||
District of Columbia Water & Sewer Authority; |
||||||||||||||||
Series 2007 A, Public Utility RB (INS-AGM/NATL/FGIC) (a) |
5.50 | % | 10/01/41 | 6,000 | 6,169,560 | |||||||||||
Series 2008 A, Ref. Public Utility Sub. Lien RB (INS-AGL) (a)(b) |
5.00 | % | 10/01/29 | 1,150 | 1,156,107 | |||||||||||
Series 2008 A, Ref. Public Utility Sub. Lien RB (INS-AGL) (a)(b) |
5.00 | % | 10/01/34 | 2,350 | 2,306,666 | |||||||||||
District of Columbia; Series 1993 E, Unlimited Tax GO Bonds (g) |
6.00 | % | 06/01/13 | 5 | 5,022 | |||||||||||
Metropolitan Washington Airports Authority; Series 2002 A, Airport System RB (INS-NATL/FGIC) (a)(e) |
5.25 | % | 10/01/32 | 1,000 | 946,110 | |||||||||||
17,464,384 | ||||||||||||||||
Florida24.18% |
||||||||||||||||
Alachua (County of) (North Florida Retirement Village); |
||||||||||||||||
Series 2007, IDR |
5.25 | % | 11/15/17 | 1,000 | 929,040 | |||||||||||
Series 2007, IDR |
5.88 | % | 11/15/36 | 1,000 | 748,610 | |||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Florida(continued) |
||||||||||||||||
Brevard (County of) Health Facilities Authority (Buena Vida Estates, Inc.); Series 2008, Residential Care Facility RB |
6.75 | % | 01/01/37 | $ | 1,740 | $ | 1,547,504 | |||||||||
Brevard (County of) Health Facilities Authority (Health First, Inc.) Series 2005, RB |
5.00 | % | 04/01/34 | 4,960 | 4,337,470 | |||||||||||
Capital Trust Agency (Fort Lauderdale); Series 2003, Sr. RB (e) |
5.75 | % | 01/01/32 | 1,300 | 1,069,627 | |||||||||||
Citizens Property Insurance Corp.; |
||||||||||||||||
Series 2010 A-1, Sr. High Risk Account Sec. RB |
5.00 | % | 06/01/14 | 4,000 | 4,191,400 | |||||||||||
Series 2010 A-1, Sr. High Risk Account Sec. RB |
5.25 | % | 06/01/17 | 3,410 | 3,529,418 | |||||||||||
Escambia (County of) Health Facilities Authority; Series 2000, Florida Health Care Facility Loan Veterans Health Administration Program RB (INS-AMBAC) (a) |
5.95 | % | 07/01/20 | 495 | 502,598 | |||||||||||
Florida (State of) Board of Education; Series 2005 D, Unlimited Tax GO Bonds (b) |
4.75 | % | 06/01/35 | 15,000 | 14,082,900 | |||||||||||
Florida (State of) Department of Transportation; |
||||||||||||||||
Series 2004 A, Turnpike RB (b) |
5.00 | % | 07/01/29 | 7,295 | 7,290,331 | |||||||||||
Series 2008 A, Ref. Turnpike RB (b) |
5.00 | % | 07/01/26 | 1,910 | 1,915,195 | |||||||||||
Series 2008 A, Ref. Turnpike RB (b) |
5.00 | % | 07/01/27 | 1,935 | 1,921,010 | |||||||||||
Series 2008 A, Ref. Turnpike RB (b) |
5.00 | % | 07/01/28 | 2,100 | 2,058,063 | |||||||||||
Series 2008 A, Ref. Turnpike RB (b) |
5.00 | % | 07/01/32 | 2,500 | 2,431,050 | |||||||||||
Florida (State of) Housing Finance Corp. (Home Ownership Mortgage); |
||||||||||||||||
Series 1991 B, RB (e) |
8.60 | % | 11/01/18 | 170 | 179,914 | |||||||||||
Series 2000, RB (INS-AGM) (a)(e) |
6.25 | % | 07/01/22 | 340 | 344,199 | |||||||||||
Florida (State of) Ports Financing Commission (State Transportation Trust Fund); Series 1996, RB (INS-NATL) (a)(e) |
5.38 | % | 06/01/27 | 2,000 | 1,907,840 | |||||||||||
Florida (State of) Ports Financing Commission (State Transportation Trust Fund-Intermodal Program); Series 1999, RB (INS-NATL/FGIC) (a)(e) |
5.50 | % | 10/01/29 | 8,475 | 8,052,352 | |||||||||||
Gainesville (City of); Series 1980, Utility System RB (h) |
8.13 | % | 10/01/14 | 260 | 291,723 | |||||||||||
Gramercy Farms Community Development District; Series 2007 B, Special Assessment RB (j)(k) |
5.10 | % | 05/01/14 | 1,000 | 438,800 | |||||||||||
Gulf Breeze (City of) (Local Government Loan Program); |
||||||||||||||||
Series 1985, RB (INS-FGIC) (a)(c)(d) |
5.65 | % | 12/01/17 | 500 | 505,165 | |||||||||||
Series 1985, RB (INS-FGIC) (a)(d) |
5.80 | % | 12/01/20 | 1,000 | 1,005,620 | |||||||||||
Hernando (County of) Sterling Hill Community Development; Series 2003 A, Capital Improvement RB |
6.20 | % | 05/01/35 | 1,250 | 1,053,662 | |||||||||||
Hillsborough (County of) Aviation Authority; |
||||||||||||||||
Series 2008 A, RB (INS-AGL) (a)(b)(e) |
5.38 | % | 10/01/33 | 1,450 | 1,361,405 | |||||||||||
Series 2008 A, RB (INS-AGL) (a)(b)(e) |
5.50 | % | 10/01/38 | 3,260 | 3,061,825 | |||||||||||
Hillsborough (County of) Industrial Development Authority (Tampa Electric Co.) Series 2007 B, Ref. PCR (c)(d) |
5.15 | % | 09/01/13 | 1,225 | 1,310,395 | |||||||||||
Hillsborough (County of) Industrial Development Authority (Tampa Electric Co.); Series 2006, Ref. PCR (INS-AMBAC) (a)(c)(d) |
5.00 | % | 03/15/12 | 1,100 | 1,139,039 | |||||||||||
Hillsborough (County of) Industrial Development Authority (Tampa General Hospital); Series 2006, RB |
5.25 | % | 10/01/41 | 14,150 | 12,007,690 | |||||||||||
Hillsborough (County of) Port District (Tampa Port Authority); Series 2002 A, RB (INS-NATL) (a)(e) |
5.38 | % | 06/01/27 | 2,745 | 2,618,510 | |||||||||||
Hillsborough (County of); |
||||||||||||||||
Series 2000, Capacity Assessment Special RB (INS-AGM) (a) |
5.00 | % | 03/01/15 | 750 | 759,060 | |||||||||||
Series 2000, Capacity Assessment Special RB (INS-AGM) (a) |
5.00 | % | 09/01/15 | 750 | 759,007 | |||||||||||
Series 2006 A, Solid Waste & Resources Recovery RB (INS-BHAC) (a)(e) |
4.50 | % | 09/01/34 | 9,325 | 7,688,835 | |||||||||||
Lakeland (City of) (Lakeland Regional Health Systems); Series 2006, Hospital System RB |
5.00 | % | 11/15/25 | 5,105 | 4,761,791 | |||||||||||
Lakeland (City of); |
||||||||||||||||
Series 1989, Electric & Water RB (h) |
5.75 | % | 10/01/19 | 2,230 | 2,329,436 | |||||||||||
Series 1990, Electric & Water RB (f)(h) |
0.00 | % | 10/01/13 | 7,000 | 6,764,030 | |||||||||||
Lee (County of) Industrial Development Authority (County Community Charter Schools, LLC); Series 2007 A, IDR |
5.38 | % | 06/15/37 | 1,000 | 757,220 | |||||||||||
Main Street Community Development District; |
||||||||||||||||
Series 2008 A, Capital Improvement RB (i) |
6.80 | % | 05/01/38 | 990 | 739,144 | |||||||||||
Series 2008 B, Capital Improvement Special Assessment RB (i) |
6.90 | % | 05/01/17 | 650 | 585,410 | |||||||||||
Miami Beach (City of); Series 2000, Storm Water RB (INS-NATL) (a) |
5.25 | % | 09/01/25 | 1,500 | 1,501,290 | |||||||||||
Miami-Dade (County of) (Miami International Airport); |
||||||||||||||||
Series 2000 B, Aviation RB (INS-NATL/FGIC) (a) |
5.45 | % | 10/01/15 | 870 | 880,510 | |||||||||||
Series 2000 B, Aviation RB (INS-NATL/FGIC) (a) |
5.75 | % | 10/01/29 | 3,000 | 3,003,720 | |||||||||||
Series 2005, Aviation RB (INS-AGC/CIFG) (a)(e) |
5.00 | % | 10/01/38 | 3,200 | 2,789,696 | |||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Florida(continued) |
||||||||||||||||
Miami-Dade (County of) Expressway Authority; Series 2010 A, Toll System RB |
5.00 | % | 07/01/40 | $ | 4,250 | $ | 3,867,075 | |||||||||
Miami-Dade (County of) Health Facilities Authority (Miami Childrens Hospital); Series 2010 A, Ref. Hospital RB |
6.13 | % | 08/01/42 | 970 | 950,775 | |||||||||||
Miami-Dade (County of) Miami International Airport; |
||||||||||||||||
Series 2002, Aviation RB (INS-AGC/FGIC) (a)(e) |
5.38 | % | 10/01/27 | 2,000 | 1,986,800 | |||||||||||
Series 2002, Aviation RB (INS-AGC/FGIC) (a)(e) |
5.38 | % | 10/01/32 | 4,720 | 4,439,066 | |||||||||||
Miami-Dade (County of); |
||||||||||||||||
Series 2002 A, Aviation RB (INS-AGM) (a)(e) |
5.00 | % | 10/01/33 | 2,000 | 1,784,440 | |||||||||||
Series 2002 A, Aviation RB (INS-AGM) (a)(e) |
5.13 | % | 10/01/35 | 2,000 | 1,793,760 | |||||||||||
Midtown Miami Community Development District; Series 2004 A, Special Assessment RB |
6.00 | % | 05/01/24 | 865 | 804,372 | |||||||||||
Orange (County of) Health Facilities Authority (Orlando Lutheran Towers, Inc.); Series 2007, First Mortgage RB |
5.50 | % | 07/01/32 | 2,475 | 1,973,392 | |||||||||||
Orange (County of) Housing Finance Authority (H.A.N.D.S., Inc.); Series 1995 A, MFH RB (i) |
7.00 | % | 10/01/25 | 1,000 | 1,021,030 | |||||||||||
Orange (County of); |
||||||||||||||||
Series 1992, Ref. Improvement RB (INS-AMBAC) (a)(f) |
0.00 | % | 10/01/12 | 1,000 | 974,760 | |||||||||||
Series 1992, Ref. Improvement RB (INS-AMBAC) (a)(f) |
0.00 | % | 10/01/13 | 1,000 | 946,190 | |||||||||||
Overoaks Community Development District; |
||||||||||||||||
Series 2004 A, Capital Improvement Special Assessment RB (j)(k) |
6.13 | % | 05/01/35 | 190 | 2 | |||||||||||
Series 2010 A-1, Capital Improvement RB |
6.13 | % | 05/01/35 | 95 | 85,965 | |||||||||||
Series 2010 A-2, Capital Improvement RB (l) |
6.13 | % | 05/01/35 | 200 | 113,496 | |||||||||||
Series 2010 B, Capital Improvement RB (l) |
5.13 | % | 05/01/17 | 460 | 373,290 | |||||||||||
Palm Beach (County of) Health Facilities Authority (The Waterford); Series 2007, RB |
5.88 | % | 11/15/37 | 1,650 | 1,448,139 | |||||||||||
Palm Beach (County of) Solid Waste Authority; Series 2009, Improvement RB (INS-BHAC) (a)(b) |
5.50 | % | 10/01/23 | 4,000 | 4,240,000 | |||||||||||
Pasco (County of) Seven Oaks Community Development District II; Series 2004 A, Special Assessment RB |
5.88 | % | 05/01/35 | 1,380 | 977,495 | |||||||||||
Pembroke Pines (City of); Series 1992, Consolidated Utility System RB (h) |
6.25 | % | 09/01/11 | 270 | 278,556 | |||||||||||
Port St. Lucie (City of) (Southwest Annexation District); Series 2007 B-1, Special Assessment RB (INS-NATL) (a) |
5.00 | % | 07/01/33 | 2,000 | 1,676,260 | |||||||||||
Putnam (County of) Development Authority (Seminole); Series 2007 A, Ref. PCR (INS-AMBAC) (a)(c)(d) |
5.35 | % | 05/01/18 | 4,675 | 4,810,014 | |||||||||||
Reunion East Community Development District; Series 2005, Special Assessment RB (k) |
5.80 | % | 05/01/36 | 880 | 429,704 | |||||||||||
Seminole Indian Tribe of Florida; Series 2007 A, Special Obligation RB (i) |
5.25 | % | 10/01/27 | 600 | 498,624 | |||||||||||
South Lake (County of) Hospital District (South Lake Hospital, Inc.); Series 2003, RB |
6.38 | % | 10/01/28 | 1,000 | 985,840 | |||||||||||
St. Johns (County of) Industrial Development Authority (Glenmoor); |
||||||||||||||||
Series 2006 A, Health Care IDR |
5.25 | % | 01/01/26 | 1,000 | 804,190 | |||||||||||
Series 2006 A, Health Care IDR |
5.38 | % | 01/01/40 | 1,500 | 1,078,650 | |||||||||||
St. Lucie (County of) School Board; |
||||||||||||||||
Series 2001 A, COP (INS-AGM) (a) |
5.00 | % | 07/01/21 | 2,000 | 2,046,540 | |||||||||||
Series 2001 A, COP (INS-AGM) (a) |
5.00 | % | 07/01/23 | 750 | 752,407 | |||||||||||
Tallahassee (City of) (Tallahassee Memorial Health Care, Inc.); Series 2000, Health Facilities RB |
6.38 | % | 12/01/30 | 1,000 | 973,050 | |||||||||||
Tolomato Community Development District; |
||||||||||||||||
Series 2007, Special Assessment RB |
6.55 | % | 05/01/27 | 300 | 207,414 | |||||||||||
Series 2007, Special Assessment RB |
6.65 | % | 05/01/40 | 1,720 | 1,145,761 | |||||||||||
Series 2007 A, Special Assessment Bonds |
5.25 | % | 05/01/39 | 495 | 307,885 | |||||||||||
Village Center Community Development District; |
||||||||||||||||
Series 1993, Utility RB (h) |
6.00 | % | 11/01/18 | 1,000 | 1,190,250 | |||||||||||
Series 2001 A, Recreational RB (INS-NATL) (a) |
5.20 | % | 11/01/25 | 1,000 | 889,940 | |||||||||||
Series 2003, Utility RB (INS-NATL) (a) |
5.25 | % | 10/01/23 | 2,000 | 1,929,040 | |||||||||||
Series 2004 A, Recreational RB (INS-NATL) (a) |
5.13 | % | 11/01/36 | 3,500 | 2,742,250 | |||||||||||
Volusia (County of) Educational Facility Authority (Embry-Riddle Aeronautical University); Series 1999 A, RB |
5.75 | % | 10/15/29 | 1,000 | 1,000,160 | |||||||||||
World Commerce Community Development District; Series 2007, Special Assessment RB (j)(k) |
5.50 | % | 05/01/38 | 750 | 240,098 | |||||||||||
166,918,184 | ||||||||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Georgia3.98% |
||||||||||||||||
Atlanta (City of) (Beltline) Series 2009 B, Tax Allocation Bonds |
6.75 | % | 01/01/20 | $ | 1,015 | $ | 1,011,569 | |||||||||
Atlanta (City of) (Beltline); |
||||||||||||||||
Series 2009 B, Tax Allocation Bonds |
6.75 | % | 01/01/20 | 560 | 558,107 | |||||||||||
Series 2009 B, Tax Allocation RB |
7.38 | % | 01/01/31 | 310 | 303,803 | |||||||||||
Atlanta (City of) (Eastside); Series 2005 B, Tax Allocation RB |
5.60 | % | 01/01/30 | 1,000 | 910,860 | |||||||||||
Atlanta (City of); |
||||||||||||||||
Series 2004 C, Airport Passenger Facility Charge & Sub. Lien General RB (INS-AGM) (a)(b) |
5.00 | % | 01/01/33 | 5,250 | 5,027,348 | |||||||||||
Series 2009 A, Water & Wastewater RB |
6.00 | % | 11/01/27 | 1,850 | 1,934,952 | |||||||||||
Series 2009 A, Water & Wastewater RB |
6.00 | % | 11/01/28 | 2,000 | 2,077,660 | |||||||||||
Series 2009 A, Water & Wastewater RB |
6.00 | % | 11/01/29 | 1,850 | 1,910,144 | |||||||||||
George L. Smith II Georgia World Congress Center Authority (Domed Stadium); Series 2000, Ref. RB (INS-NATL) (a)(e) |
5.50 | % | 07/01/20 | 1,500 | 1,506,045 | |||||||||||
Georgia (State of) Municipal Electric Authority; |
||||||||||||||||
Series 1997 A-MBIA-IBC, RB (INS-NATL/IBC) (a) |
6.50 | % | 01/01/20 | 2,635 | 3,069,617 | |||||||||||
Series 1998, Power RB (c)(g) |
6.50 | % | 01/01/14 | 85 | 98,231 | |||||||||||
Series 1998, Power RB (g) |
6.50 | % | 01/01/17 | 240 | 278,448 | |||||||||||
Series 1998, Power RB (INS-NATL/IBC/BNY) (a) |
6.50 | % | 01/01/17 | 5,575 | 6,390,790 | |||||||||||
Putnam (County of) Development Authority (Georgia Power Co.); Series 1996, PCR |
5.10 | % | 06/01/23 | 2,400 | 2,412,096 | |||||||||||
27,489,670 | ||||||||||||||||
Guam0.09% |
||||||||||||||||
Guam (Commonwealth of) Power Authority; Series 1999 A, RB (INS-AMBAC) (a) |
5.25 | % | 10/01/34 | 690 | 621,766 | |||||||||||
Hawaii0.42% |
||||||||||||||||
Hawaii (State of); Series 2010 A, Airport System RB |
5.00 | % | 07/01/39 | 3,075 | 2,876,048 | |||||||||||
Idaho0.80% |
||||||||||||||||
Idaho (State of) Health Facilities Authority (St. Lukes Health System); |
||||||||||||||||
Series 2008 A, RB |
6.50 | % | 11/01/23 | 1,000 | 1,085,940 | |||||||||||
Series 2008 A, RB |
6.75 | % | 11/01/37 | 1,500 | 1,593,525 | |||||||||||
Idaho (State of) Health Facilities Authority; Series 2007, Ref. Valley Vista Care Corp. RB |
6.13 | % | 11/15/27 | 1,230 | 1,006,263 | |||||||||||
University of Idaho; Series 2011, Ref. General RB (c)(d) |
5.25 | % | 04/01/21 | 1,750 | 1,841,140 | |||||||||||
5,526,868 | ||||||||||||||||
Illinois12.39% |
||||||||||||||||
Bartlett (Village of) (Quarry Redevelopment); Series 2007, Ref. Sr. Lien Tax Allocation RB |
5.60 | % | 01/01/23 | 1,910 | 1,544,178 | |||||||||||
Bourbonnais (Village of) (Olivet Nazarene University); Series 2010, IDR |
5.50 | % | 11/01/40 | 1,100 | 1,004,201 | |||||||||||
Chicago (City of) (OHare International Airport); |
||||||||||||||||
Series 2005 A, Airport RB (INS-AGC/NATL) (a)(b) |
5.25 | % | 01/01/24 | 4,400 | 4,431,988 | |||||||||||
Series 2005 A, Airport RB (INS-AGC/NATL) (a)(b) |
5.25 | % | 01/01/25 | 11,500 | 11,524,150 | |||||||||||
Series 2008 A, Airport RB (INS-AGM) (a)(b) |
5.00 | % | 01/01/33 | 5,700 | 5,264,292 | |||||||||||
Chicago (City of) Board of Education; |
||||||||||||||||
Series 2008 C, Ref. Unlimited Tax GO Bonds (INS-AGM) (a)(b) |
5.00 | % | 12/01/27 | 5,775 | 5,469,272 | |||||||||||
Series 2008 C, Ref. Unlimited Tax GO Bonds (INS-AGM) (a) |
5.00 | % | 12/01/27 | 5,900 | 5,587,654 | |||||||||||
Chicago (City of); |
||||||||||||||||
Series 1993, Ref. Unlimited Tax GO Bonds (INS-AMBAC) (a) |
5.13 | % | 01/01/15 | 685 | 731,128 | |||||||||||
Series 2001 A, Unlimited Tax GO Bonds (INS-NATL) (a) |
5.00 | % | 01/01/31 | 1,095 | 970,411 | |||||||||||
Series 2008 A, Unlimited Tax GO Bonds (INS-AGL) (a)(b) |
5.25 | % | 01/01/25 | 3,500 | 3,417,155 | |||||||||||
Granite City (City of) (Waste Management Inc.); Series 2002, Disposal RB (c)(d)(e) |
3.50 | % | 05/01/13 | 1,300 | 1,294,657 | |||||||||||
Illinois (State of) Finance Authority (Adventist Health System); Series 1997, RB (INS-NATL) (a) |
5.50 | % | 11/15/13 | 2,310 | 2,509,468 | |||||||||||
Illinois (State of) Finance Authority (Adventist Health System); Series 1997, RB (INS-NATL) (a) |
5.50 | % | 11/15/15 | 2,500 | 2,760,075 | |||||||||||
Illinois (State of) Finance Authority (Disposal Waste Management Inc.); Series 2005 A, Solid Waste RB (e) |
5.05 | % | 08/01/29 | 1,330 | 1,205,964 | |||||||||||
Illinois (State of) Finance Authority (Evangelical Hospital); Series 1992 C, RB (INS-AGM) (a) |
6.75 | % | 04/15/17 | 1,250 | 1,471,788 | |||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Illinois(continued) |
||||||||||||||||
Illinois (State of) Finance Authority (Kish Health System Obligated Group); Series 2008, Ref. RB |
5.50 | % | 10/01/22 | $ | 1,860 | $ | 1,869,653 | |||||||||
Illinois (State of) Finance Authority (Northwestern Memorial Hospital); |
||||||||||||||||
Series 2009 A, RB (b) |
5.38 | % | 08/15/24 | 3,500 | 3,632,090 | |||||||||||
Series 2009 A, RB (b) |
5.75 | % | 08/15/30 | 2,000 | 2,028,220 | |||||||||||
Illinois (State of) Finance Authority (OSF Healthcare System); Series 2007 A, RB |
5.75 | % | 11/15/37 | 4,500 | 4,121,640 | |||||||||||
Illinois (State of) Finance Authority (Park Place of Elmhurst); Series 2010 D-2, TEMPS RB |
7.00 | % | 11/15/15 | 2,700 | 2,640,816 | |||||||||||
Illinois (State of) Finance Authority (Riverside Health System); Series 2009, RB |
6.25 | % | 11/15/35 | 1,900 | 1,909,975 | |||||||||||
Illinois (State of) Finance Authority (Roosevelt University); Series 2007, RB |
5.50 | % | 04/01/37 | 1,000 | 881,730 | |||||||||||
Illinois (State of) Finance Authority (Rush University Medical Center Obligated Group); Series 2009 A, RB |
7.25 | % | 11/01/38 | 2,885 | 3,047,022 | |||||||||||
Illinois (State of) Finance Authority (Sherman Health Systems); Series 2007 A, RB |
5.50 | % | 08/01/37 | 4,500 | 3,771,540 | |||||||||||
Illinois (State of) Finance Authority (South Suburban Hospital); Series 1992, RB (h) |
7.00 | % | 02/15/18 | 1,880 | 2,218,569 | |||||||||||
Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion); Series 2010 A, RB |
5.50 | % | 06/15/50 | 3,375 | 3,085,560 | |||||||||||
Illinois (State of) Will-Kankakee Regional Development Authority (Senior Estates Supportive Living); Series 2007, MFH RB (e) |
7.00 | % | 12/01/42 | 775 | 666,407 | |||||||||||
Railsplitter Tobacco Settlement Authority; Series 2010, RB |
5.50 | % | 06/01/23 | 5,475 | 5,201,743 | |||||||||||
Yorkville (City of) United City (Cannonball/Beecher); Series 2007, Special Tax Bonds |
5.75 | % | 03/01/28 | 1,500 | 1,297,290 | |||||||||||
85,558,636 | ||||||||||||||||
Indiana2.01% |
||||||||||||||||
Crown Point (City of) (Wittenberg Village); Series 2009 C-1, TEMPS Economic Development RB |
7.25 | % | 11/15/14 | 1,065 | 1,050,016 | |||||||||||
Indiana (State of) Finance Authority (Deaconess Hospital Obligated Group); Series 2009 A, Hospital RB |
6.75 | % | 03/01/39 | 2,200 | 2,314,378 | |||||||||||
Indiana (State of) Finance Authority (Indianapolis Power & Light Company); Series 2009 A, Ref. Environmental Facilities RB |
4.90 | % | 01/01/16 | 2,500 | 2,670,150 | |||||||||||
Indiana (State of) Health & Educational Facilities Financing Authority (Ascension Health Senior Credit); Series 2006 B-6, RB (b) |
5.00 | % | 11/15/36 | 5,600 | 5,003,880 | |||||||||||
North Adams (City of) Community Schools Renovation Building Corp.; Series 2000, 1st Mortgage RB (INS-AGM) (a)(f) |
0.00 | % | 01/15/19 | 1,280 | 943,718 | |||||||||||
Petersburg (City of) (Indianapolis Power & Light Company); Series 1995, PCR (e) |
5.95 | % | 12/01/29 | 1,500 | 1,496,490 | |||||||||||
Vigo (County of) Hospital Authority (Union Hospital, Inc.); Series 2007, Hospital RB (i) |
5.75 | % | 09/01/42 | 500 | 410,585 | |||||||||||
13,889,217 | ||||||||||||||||
Iowa1.22% |
||||||||||||||||
Des Moines (City of); |
||||||||||||||||
Series 2000 A, Public Parking System RB (INS-NATL/FGIC) (a) |
5.75 | % | 06/01/15 | 1,685 | 1,690,999 | |||||||||||
Series 2000 A, Public Parking System RB (INS-NATL/FGIC) (a) |
5.75 | % | 06/01/16 | 1,785 | 1,791,355 | |||||||||||
Iowa (State of) Tobacco Settlement Authority; |
||||||||||||||||
Series 2005 C, Asset-Backed RB |
5.38 | % | 06/01/38 | 1,410 | 996,658 | |||||||||||
Series 2005 C, Tobacco Settlement Asset-Backed RB |
5.50 | % | 06/01/42 | 5,950 | 3,917,004 | |||||||||||
8,396,016 | ||||||||||||||||
Kansas1.56% |
||||||||||||||||
Burlington (City of) (Kansas City Power & Light Company); Series 1993 B, Ref. Environment Improvement RB (INS-SYNCORA) (a)(c)(d) |
5.00 | % | 04/01/11 | 2,100 | 2,112,768 | |||||||||||
Kansas (State of) Development Finance Authority (Adventist Health System); Series 2009, Hospital RB |
5.75 | % | 11/15/38 | 3,800 | 3,823,066 | |||||||||||
Lenexa (City of); Series 2007, Ref. & Improvement Healthcare Facilities RB |
5.50 | % | 05/15/39 | 1,250 | 865,362 | |||||||||||
Olathe (City of) (Catholic Care Campus, Inc.); Series 2006 A, Sr. Living Facility RB |
6.00 | % | 11/15/38 | 1,075 | 885,499 | |||||||||||
Olathe (City of) (Olathe Medical Center); Series 2008, VRD RB (LOC-Bank of America, N.A.) (m)(n) |
0.19 | % | 09/01/32 | 3,115 | 3,115,000 | |||||||||||
10,801,695 | ||||||||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Kentucky1.95% |
||||||||||||||||
Kentucky (State of) Economic Development Finance Authority (Louisville Arena Authority, Inc.); Sub. Series 2008 A-1, RB (INS-AGL) (a) |
5.75 | % | 12/01/28 | $ | 2,300 | $ | 2,366,953 | |||||||||
Kentucky (State of) Economic Development Finance Authority (Owensboro Medical Health System, Inc.); Series 2010 A, Hospital Facilities RB |
6.50 | % | 03/01/45 | 2,400 | 2,265,504 | |||||||||||
Kentucky (State of) Property & Building Commission (No. 93); |
||||||||||||||||
Series 2009, RB (INS-AGL) (a) |
5.25 | % | 02/01/24 | 2,470 | 2,578,976 | |||||||||||
Series 2009, RB (INS-AGL) (a) |
5.25 | % | 02/01/25 | 2,780 | 2,874,242 | |||||||||||
Louisville/Jefferson (County of) Metropolitan Government (Norton Healthcare, Inc.); Series 2006, Health System RB |
5.25 | % | 10/01/36 | 3,915 | 3,399,395 | |||||||||||
13,485,070 | ||||||||||||||||
Louisiana4.08% |
||||||||||||||||
East Baton Rouge (Parish of) (Exxon Corp.); Series 1993, Ref. VRD PCR (n) |
2.79 | % | 03/01/22 | 16,000 | 16,000,000 | |||||||||||
Lakeshore Villages Master Community Development District; Series 2007, Special Assessment RB (j) |
5.25 | % | 07/01/17 | 1,482 | 788,765 | |||||||||||
Louisiana (State of) Citizens Property Insurance Corp.; Series 2009 C-2, Assessment RB (INS-AGL) (a) |
6.75 | % | 06/01/26 | 3,100 | 3,479,471 | |||||||||||
Louisiana (State of) Public Facilities Authority (Entergy Louisiana LLC); Series 2010, RB |
5.00 | % | 06/01/30 | 1,700 | 1,569,015 | |||||||||||
Rapides Finance Authority (Cleco Power LLC); Series 2007, RB (c)(d)(e) |
5.25 | % | 03/01/13 | 2,750 | 2,870,010 | |||||||||||
St. John the Baptist (Parish of) (Marathon Oil Corp.); Series 2007 A, RB |
5.13 | % | 06/01/37 | 3,750 | 3,481,612 | |||||||||||
28,188,873 | ||||||||||||||||
Maryland1.19% |
||||||||||||||||
Maryland (State of) Economic Development Corp. (Term); Series 2010 B, Economic Development RB |
5.75 | % | 06/01/35 | 1,565 | 1,447,453 | |||||||||||
Maryland (State of) Economic Development Corp. (Transportation Facilities); Series 2010 A, Economic Development RB |
5.38 | % | 06/01/25 | 1,110 | 1,068,586 | |||||||||||
Maryland (State of) Health & Higher Educational Facilities Authority (Maryland Institute College of Art Issue); Series 2006, RB |
5.00 | % | 06/01/40 | 960 | 824,650 | |||||||||||
Maryland (State of) Health & Higher Educational Facilities Authority (Mercy Medical Center); Series 2007 A, RB |
5.50 | % | 07/01/42 | 1,915 | 1,657,490 | |||||||||||
Maryland (State of) Transportation Authority (Baltimore/Washington International Airport); Series 2002 B, Airport Parking RB (INS-AMBAC) (a)(e) |
5.13 | % | 03/01/24 | 2,250 | 2,249,257 | |||||||||||
Prince Georges (County of) (National Harbor); Series 2004, Special Obligation Bonds |
5.20 | % | 07/01/34 | 1,175 | 969,281 | |||||||||||
8,216,717 | ||||||||||||||||
Massachusetts4.42% |
||||||||||||||||
Massachusetts (State of) Department of Transportation; Series 2010 B, Sr. System RB |
5.00 | % | 01/01/32 | 6,000 | 5,751,840 | |||||||||||
Massachusetts (State of) Development Finance Agency (Linden Ponds Inc.); |
||||||||||||||||
Series 2007 A, RB |
5.75 | % | 11/15/35 | 350 | 241,601 | |||||||||||
Series 2007 A, RB |
5.75 | % | 11/15/42 | 750 | 493,755 | |||||||||||
Massachusetts (State of) Development Finance Agency; Series 2009 B-2, Senior Living Facility RB |
6.25 | % | 06/01/14 | 2,255 | 2,222,573 | |||||||||||
Massachusetts (State of) Health & Educational Facilities Authority (Berklee College Music); Series 2007 A, RB |
5.00 | % | 10/01/32 | 2,700 | 2,559,546 | |||||||||||
Massachusetts (State of) Health & Educational Facilities Authority (Covenant Health Care Systems); Series 2002, RB |
6.00 | % | 07/01/31 | 395 | 385,449 | |||||||||||
Massachusetts (State of) Health & Educational Facilities Authority (Harvard University); Series 2008 B, RB (b) |
5.00 | % | 10/01/38 | 7,000 | 7,100,520 | |||||||||||
Massachusetts (State of) Health & Educational Facilities Authority (Massachusetts Institute of Technology Issue); Series 2008 A, RB |
5.00 | % | 07/01/38 | 750 | 760,440 | |||||||||||
Massachusetts (State of) School Building Authority; |
||||||||||||||||
Series 2005 A, Dedicated Sales Tax RB (INS-AGM) (a)(b) |
5.00 | % | 08/15/30 | 3,850 | 3,856,892 | |||||||||||
Series 2007 A, Dedicated Sales Tax RB (INS-AMBAC) (a)(b) |
4.50 | % | 08/15/35 | 5,740 | 5,175,414 | |||||||||||
Massachusetts (State of) Water Resources Authority; Series 2009 B, RB |
5.00 | % | 08/01/22 | 1,800 | 1,948,860 | |||||||||||
30,496,890 | ||||||||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Michigan4.83% |
||||||||||||||||
Detroit (City of) Downtown Development Authority; |
||||||||||||||||
Series 1996, Tax Increment Allocation RB (f) |
0.00 | % | 07/01/17 | $ | 3,015 | $ | 2,175,775 | |||||||||
Series 1996, Tax Increment Allocation RB (f) |
0.00 | % | 07/01/18 | 3,050 | 2,043,378 | |||||||||||
Series 1996, Tax Increment Allocation RB (f) |
0.00 | % | 07/01/19 | 3,050 | 1,899,082 | |||||||||||
Series 1996, Tax Increment Allocation RB (f) |
0.00 | % | 07/01/22 | 3,050 | 1,513,135 | |||||||||||
Series 1996, Tax Increment Allocation RB (f) |
0.00 | % | 07/01/23 | 3,050 | 1,395,040 | |||||||||||
Series 1996, Tax Increment Allocation RB (f) |
0.00 | % | 07/01/24 | 3,050 | 1,290,425 | |||||||||||
Detroit (City of); Series 2001 C-1, Ref. Sewage Disposal System Sr. Lien RB (INS-AGM) (a) |
7.00 | % | 07/01/27 | 3,925 | 4,392,899 | |||||||||||
Grand Rapids (City of) Downtown Development Authority; |
||||||||||||||||
Series 1994, Tax Increment Allocation RB (INS-NATL) (a)(f) |
0.00 | % | 06/01/15 | 3,500 | 2,973,215 | |||||||||||
Series 1994, Tax Increment Allocation RB (INS-NATL) (a)(f) |
0.00 | % | 06/01/16 | 2,765 | 2,215,346 | |||||||||||
Kent Hospital Finance Authority (Spectrum Health System); |
||||||||||||||||
Series 2008 A, RB (c)(d) |
5.25 | % | 01/15/14 | 1,350 | 1,467,869 | |||||||||||
Series 2008 A, RB (c)(d) |
5.50 | % | 01/15/15 | 600 | 667,146 | |||||||||||
Michigan (State of) Strategic Fund (Detroit Edison Co.); |
||||||||||||||||
Series 1995 CC, Ref. Limited Obligation PCR (INS-AMBAC) (a)(c)(d) |
4.85 | % | 09/01/11 | 2,500 | 2,531,275 | |||||||||||
Series 1999 B, Ref. Limited Obligation PCR (e) |
5.65 | % | 09/01/29 | 1,000 | 981,350 | |||||||||||
Michigan (State of) Strategic Fund (Detroit Edison Co.); Series 2002 C, Ref. Limited Obligation RB (INS-SYNCORA) (a)(e) |
5.45 | % | 12/15/32 | 2,500 | 2,315,500 | |||||||||||
Michigan (State of) Strategic Fund (Detroit Edison Co.); Series 2003 A, Ref. Limited Obligation RB (INS-SYNCORA) (a)(e) |
5.50 | % | 06/01/30 | 1,500 | 1,432,050 | |||||||||||
Michigan (State of) Tobacco Settlement Finance Authority; Series 2007 A, Sr. Asset-Backed RB |
6.00 | % | 06/01/48 | 2,020 | 1,357,884 | |||||||||||
Saginaw (City of) Hospital Finance Authority (Covenant Medical Center, Inc.); Series 2010 H, Ref. RB |
5.00 | % | 07/01/30 | 3,000 | 2,667,960 | |||||||||||
33,319,329 | ||||||||||||||||
Minnesota1.25% |
||||||||||||||||
Annadale (City of) Economic Development Authority (Annadale Care Center); Series 2007 A, Sr. Housing & Healthcare RB |
5.90 | % | 11/01/37 | 730 | 622,997 | |||||||||||
Chisago (City of) (CDL Homes LLC); Series 2007, Health Care Facilities RB |
6.00 | % | 08/01/42 | 525 | 459,181 | |||||||||||
Minneapolis (City of) (Fairview Health Services); |
||||||||||||||||
Series 2008 A, Healthcare System RB |
6.38 | % | 11/15/23 | 2,750 | 2,994,915 | |||||||||||
Series 2008 A, Healthcare System RB |
6.63 | % | 11/15/28 | 1,850 | 1,969,380 | |||||||||||
Minnesota (State of) Agricultural & Economic Development Board (Healthcare System); Series 1997 A, RB (INS-NATL) (a) |
5.75 | % | 11/15/26 | 50 | 49,765 | |||||||||||
North Oaks (City of) (Presbyterian Homes of North Oaks); Series 2007, Sr. Housing RB |
6.00 | % | 10/01/33 | 775 | 682,697 | |||||||||||
St. Paul (City of) Housing & Redevelopment Authority (Health Partners Obligated Group); Series 2006, Health Care Facilities RB |
5.25 | % | 05/15/36 | 2,200 | 1,865,424 | |||||||||||
8,644,359 | ||||||||||||||||
Mississippi1.69% |
||||||||||||||||
Mississippi (State of) Business Finance Corp. (Chevron U.S.A. Inc.); |
||||||||||||||||
Series 2007 A, VRD Gulf Opportunity Zone IDR (n) |
0.08 | % | 12/01/30 | 700 | 700,000 | |||||||||||
Series 2007 C, VRD Gulf Opportunity Zone IDR (n) |
0.45 | % | 12/01/30 | 11,000 | 11,000,000 | |||||||||||
11,700,000 | ||||||||||||||||
Missouri2.11% |
||||||||||||||||
Cape Girardeau (County of) Industrial Development Authority (Southeast Missouri Hospital Association); Series 2002, Health Care Facilities RB |
5.63 | % | 06/01/27 | 245 | 229,920 | |||||||||||
Cass (County of); Series 2007, Hospital RB |
5.63 | % | 05/01/38 | 1,700 | 1,404,659 | |||||||||||
Cole (County of) Industrial Development Authority (Lutheran Senior Services-Heisinger); Series 2004, Sr. Living Facilities RB |
5.50 | % | 02/01/35 | 625 | 562,831 | |||||||||||
Joplin (City of) Industrial Development Authority (Christian Homes, Inc. Obligated Group); |
||||||||||||||||
Series 2007 F, Ref. IDR |
5.75 | % | 05/15/26 | 2,500 | 2,187,925 | |||||||||||
Series 2007 F, Ref. IDR |
5.75 | % | 05/15/31 | 1,000 | 830,680 | |||||||||||
Kirkwood (City of) Industrial Development Authority (Aberdeen Heights); Series 2010 C-1, TEMPS Retirement Community RB |
7.50 | % | 11/15/16 | 2,500 | 2,514,475 | |||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Missouri(continued) |
||||||||||||||||
Maryland Heights (City of) (South Heights Redevelopment); Series 2007 A, Ref. Tax Allocation RB |
5.50 | % | 09/01/18 | $ | 1,140 | $ | 1,064,110 | |||||||||
Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services); Series 2010, Sr. RB |
5.38 | % | 02/01/35 | 1,200 | 1,066,272 | |||||||||||
St. Louis (City of) Industrial Development Authority (Loughborough Redevelopment); Series 2007, Ref. Tax Allocation IDR |
5.75 | % | 11/01/27 | 900 | 786,726 | |||||||||||
St. Louis (County of) Industrial Development Authority (Friendship Village West Community); Series 2007 A, Senior Living Facilities IDR |
5.38 | % | 09/01/21 | 1,250 | 1,192,200 | |||||||||||
St. Louis (County of) Industrial Development Authority (St. Andrews Resources for Seniors); |
||||||||||||||||
Series 2007 A, Senior Living Facilities IDR |
6.38 | % | 12/01/30 | 975 | 825,162 | |||||||||||
Series 2007 A, Senior Living Facilities IDR |
6.38 | % | 12/01/41 | 2,335 | 1,890,790 | |||||||||||
14,555,750 | ||||||||||||||||
Nebraska0.38% |
||||||||||||||||
Omaha (City of) Public Power District; Series 2006 A, Electricity RB (b) |
5.00 | % | 02/01/34 | 2,615 | 2,616,072 | |||||||||||
Nevada2.43% |
||||||||||||||||
Clark (County of) (Southwest Gas Corp.); |
||||||||||||||||
Series 2003 D, IDR (INS-NATL/FGIC) (a)(e) |
5.25 | % | 03/01/38 | 3,500 | 3,118,500 | |||||||||||
Series 2004 A, IDR (INS-AMBAC) (a)(e) |
5.25 | % | 07/01/34 | 3,000 | 2,694,480 | |||||||||||
Nevada (State of) (Capital Improvement & Cultural Affairs); |
||||||||||||||||
Series 2008 C, Limited Tax GO Bonds (b) |
5.00 | % | 06/01/22 | 4,300 | 4,516,333 | |||||||||||
Series 2008 C, Limited Tax GO Bonds (b) |
5.00 | % | 06/01/23 | 3,300 | 3,429,690 | |||||||||||
Reno (City of) (Renown Regional Medical Center); Series 2007 A, Hospital RB |
5.25 | % | 06/01/37 | 3,460 | 3,019,577 | |||||||||||
16,778,580 | ||||||||||||||||
New Hampshire0.39% |
||||||||||||||||
New Hampshire (State of) Business Finance Authority (Pennichuck Water Works, Inc.); Series 1997, Water Facility RB (INS-AMBAC) (a)(e) |
6.30 | % | 05/01/22 | 850 | 850,782 | |||||||||||
New Hampshire (State of) Business Finance Authority (United Illuminating Co.); |
||||||||||||||||
Series 2009, PCR (c)(d)(e) |
7.13 | % | 02/01/12 | 1,050 | 1,093,008 | |||||||||||
Series 2009 A, Ref. PCR (c)(d)(e) |
6.88 | % | 02/01/12 | 750 | 781,905 | |||||||||||
2,725,695 | ||||||||||||||||
New Jersey5.59% |
||||||||||||||||
New Jersey (State of) Economic Development Authority (Provident Group-Montclair Properties LLC Montclair State University Student Housing); Series 2010 A, RB |
5.88 | % | 06/01/42 | 2,475 | 2,241,410 | |||||||||||
New Jersey (State of) Economic Development Authority; Series 1992, RB (INS-NATL) (a) |
5.90 | % | 03/15/21 | 25,000 | 28,471,500 | |||||||||||
New Jersey (State of) Health Care Facilities Financing Authority (St. Peters University Hospital Obligation); Series 2007, RB |
5.75 | % | 07/01/37 | 2,300 | 2,064,825 | |||||||||||
New Jersey (State of) Transportation Trust Fund Authority (Transportation System); Series 1999 A, RB |
5.75 | % | 06/15/17 | 2,095 | 2,361,924 | |||||||||||
Tobacco Settlement Financing Corp.; |
||||||||||||||||
Series 2007 1A, RB |
4.75 | % | 06/01/34 | 4,500 | 2,688,120 | |||||||||||
Series 2007 1A, RB |
5.00 | % | 06/01/41 | 1,295 | 783,876 | |||||||||||
38,611,655 | ||||||||||||||||
New Mexico0.93% |
||||||||||||||||
Farmington (City of) (Public Service Co. of New Mexico San Juan); Series 2010 C, Ref. PCR |
5.90 | % | 06/01/40 | 3,125 | 2,950,469 | |||||||||||
Jicarilla Apache Nation; Series 2003 A, RB (i) |
5.50 | % | 09/01/23 | 1,250 | 1,285,562 | |||||||||||
New Mexico (State of) Hospital Equipment Loan Council (Presbyterian Health Care Services); Series 2008 A, Hospital RB (b) |
6.38 | % | 08/01/32 | 2,050 | 2,150,061 | |||||||||||
6,386,092 | ||||||||||||||||
New York14.01% |
||||||||||||||||
Brooklyn (City of) Arena Local Development Corp. (Barclays Center); |
||||||||||||||||
Series 2009, RB |
6.25 | % | 07/15/40 | 2,070 | 2,020,962 | |||||||||||
Series 2009, RB |
6.38 | % | 07/15/43 | 860 | 842,765 |
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
New York(continued) |
||||||||||||||||
Metropolitan Transportation Authority; |
||||||||||||||||
Series 2002 A, RB (INS-NATL) (a) |
5.25 | % | 11/15/31 | $ | 2,500 | $ | 2,382,775 | |||||||||
Series 2009 B, Dedicated Tax Funds RB |
5.25 | % | 11/15/28 | 4,000 | 4,064,400 | |||||||||||
Series 2010 D, Transportation RB |
5.25 | % | 11/15/26 | 7,500 | 7,447,725 | |||||||||||
New York (City of) Housing Development Corp.; Series 2007 E1, Multifamily Housing RB (e) |
5.35 | % | 11/01/37 | 2,400 | 2,313,864 | |||||||||||
New York (City of) Industrial Development Agency (7 World Trade Center, LLC); Series 2005 B, Liberty RB |
6.75 | % | 03/01/15 | 3,000 | 3,001,620 | |||||||||||
New York (City of) Municipal Water Finance Authority; Series 2008 AA, Water & Sewer RB (b) |
5.00 | % | 06/15/22 | 8,450 | 8,952,437 | |||||||||||
New York (City of) Transit Authority (Livingston Plaza); Series 1993, Ref. Transportation Facilities RB (h) |
5.40 | % | 01/01/18 | 14,930 | 17,160,840 | |||||||||||
New York (City of) Transitional Finance Authority; Series 2009 S-3, Building Aid RB |
5.25 | % | 01/15/39 | 5,300 | 5,304,982 | |||||||||||
New York (City of); Series 2008 I-1, Unlimited Tax GO Bonds (b) |
5.00 | % | 02/01/26 | 7,225 | 7,320,804 | |||||||||||
New York (State of) Dormitory Authority (Maimonides Medical Center); Series 2004, Mortgage Hospital RB (INS-NATL) (a) |
5.00 | % | 08/01/33 | 2,500 | 2,324,550 | |||||||||||
New York (State of) Dormitory Authority (School District Financial Program); Series 2009 C, Non State Supported Debt RB (INS-AGL) (a) |
5.00 | % | 10/01/24 | 3,000 | 3,103,230 | |||||||||||
New York (State of) Local Government Assistance Corp.; Series 1993 E, Ref. RB |
6.00 | % | 04/01/14 | 2,790 | 3,043,137 | |||||||||||
New York (State of) Thruway Authority; |
||||||||||||||||
Series 2009 A, Personal Income Tax RB (b) |
5.00 | % | 03/15/26 | 2,800 | 2,889,404 | |||||||||||
Series 2009 A, Personal Income Tax RB (b) |
5.00 | % | 03/15/27 | 3,100 | 3,182,026 | |||||||||||
New York (State of) Urban Development Corp. (Rensselaer Polytechnic Institute Center for Industrial Innovation); Series 1995, Ref. RB |
5.50 | % | 01/01/13 | 790 | 823,196 | |||||||||||
Port Authority of New York & New Jersey (Consolidated One Hundred Forty-Fourth); Series 2006, RB (b) |
5.00 | % | 10/01/35 | 12,100 | 11,822,426 | |||||||||||
Port Authority of New York & New Jersey (JFK International Air Terminal, LLC); |
||||||||||||||||
Series 1997, Special Obligation RB (INS-NATL) (a)(e) |
5.75 | % | 12/01/22 | 3,000 | 2,932,350 | |||||||||||
Series 1997, Special Obligation RB (INS-NATL) (a)(e) |
5.75 | % | 12/01/25 | 3,000 | 2,881,230 | |||||||||||
Series 2010, Special Obligation RB |
6.00 | % | 12/01/36 | 3,000 | 2,895,990 | |||||||||||
96,710,713 | ||||||||||||||||
North Carolina3.92% |
||||||||||||||||
North Carolina (State of) Medical Care Commission (Southminster); Series 2007 A, First Mortgage Retirement Facilities RB |
5.75 | % | 10/01/37 | 1,050 | 870,271 | |||||||||||
North Carolina (State of) Municipal Power Agency No. 1 (Indexed Caps); Series 1992, Electric RB (INS-NATL) (a) |
6.00 | % | 01/01/12 | 25,000 | 26,194,250 | |||||||||||
27,064,521 | ||||||||||||||||
North Dakota0.32% |
||||||||||||||||
McLean (County of) (Great River Energy); Series 2010 B, Solid Waste Facilities RB |
5.15 | % | 07/01/40 | 1,000 | 903,530 | |||||||||||
Ward (County of) (Trinity Obligated Group); Series 2006, Health Care Facility RB |
5.13 | % | 07/01/29 | 1,500 | 1,328,835 | |||||||||||
2,232,365 | ||||||||||||||||
Ohio8.55% |
||||||||||||||||
Cuyahoga (County of) (Eliza Jennings Senior Care Network); Series 2007 A, Health Care & Independent Living Facilities RB |
5.75 | % | 05/15/27 | 450 | 388,922 | |||||||||||
Lorain (County of) (Catholic Healthcare Partners); |
||||||||||||||||
Series 2003 C-1, Ref. Hospital RB (INS-AGM) (a)(b) |
5.00 | % | 04/01/24 | 4,800 | 4,776,768 | |||||||||||
Series 2006 A, Hospital RB (INS-AGM) (a)(b) |
5.00 | % | 02/01/24 | 4,500 | 4,480,020 | |||||||||||
Series 2006 B, Hospital RB (INS-AGM) (a)(b) |
5.00 | % | 02/01/24 | 4,525 | 4,504,909 | |||||||||||
Montgomery (County of) (Catholic Health); Series 2006 C-1, RB (INS-AGM) (a)(b) |
5.00 | % | 10/01/41 | 1,625 | 1,468,513 | |||||||||||
Montgomery (County of) (Miami Valley Hospital); |
||||||||||||||||
Series 2009 A, RB |
6.00 | % | 11/15/28 | 2,370 | 2,422,780 | |||||||||||
Series 2009 A, RB |
6.25 | % | 11/15/39 | 1,465 | 1,495,457 | |||||||||||
Ohio (State of) (Cleveland Clinic Health System Obligated Group); Series 2009 B, Hospital RB (b) |
5.00 | % | 01/01/27 | 4,000 | 3,918,160 | |||||||||||
Ohio (State of) Air Quality Development Authority (Dayton Power); Series 2006, RB (INS-BHAC/FGIC) (a)(b)(e) |
4.80 | % | 09/01/36 | 8,000 | 7,114,080 | |||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Ohio(continued) |
||||||||||||||||
Ohio (State of) Air Quality Development Authority (FirstEnergy Generation Corp.); |
||||||||||||||||
Series 2006, Ref. PCR (c)(d) |
2.25 | % | 06/03/13 | $ | 5,000 | $ | 4,924,700 | |||||||||
Series 2009 C, Ref. PCR |
5.63 | % | 06/01/18 | 4,300 | 4,527,943 | |||||||||||
Ohio (State of) Air Quality Development Authority (Ohio Power Co. Galvin); Series 2010 A, Ref. RB (c)(d)(e) |
2.88 | % | 08/01/14 | 2,000 | 1,980,460 | |||||||||||
Ohio (State of) Higher Educational Facility Commission (Summa Health System 2010); Series 2010, RB |
5.75 | % | 11/15/35 | 2,390 | 2,175,904 | |||||||||||
Ohio (State of) Higher Educational Facility Commission (University Hospitals Health System, Inc.); Series 2009 A, RB |
6.75 | % | 01/15/39 | 3,000 | 3,072,780 | |||||||||||
Ohio (State of) Housing Finance Agency (Mortgage-Backed Securities Program); |
||||||||||||||||
Series 2008 D, Residential Mortgage RB (INS-GNMA/FNMA/FHLMC) (a)(b)(e) |
5.30 | % | 09/01/28 | 2,762 | 2,749,378 | |||||||||||
Series 2008 D, Residential Mortgage RB (INS-GNMA/FNMA/FHLMC) (a)(b)(e) |
5.40 | % | 03/01/33 | 2,358 | 2,316,122 | |||||||||||
Series 2008 F, Residential Mortgage RB (INS-GNMA/FNMA/FHLMC) (a)(b) |
5.50 | % | 09/01/39 | 2,842 | 2,870,051 | |||||||||||
Ohio (State of) Water Development Authority (FirstEnergy Nuclear Generation Corp.); Series 2009 A, Ref. PCR (c)(d) |
5.88 | % | 06/01/16 | 3,610 | 3,854,758 | |||||||||||
59,041,705 | ||||||||||||||||
Oklahoma0.55% |
||||||||||||||||
Chickasaw (City of) Nation; Series 2007, Health System RB (i) |
6.25 | % | 12/01/32 | 2,175 | 2,198,903 | |||||||||||
Oklahoma (City of) Airport Trust; Series 2000 B, Jr. Lien RB (INS-AGM) (a)(e) |
5.75 | % | 07/01/16 | 1,575 | 1,579,725 | |||||||||||
3,778,628 | ||||||||||||||||
Oregon0.29% |
||||||||||||||||
Portland (City of) (Downtown Waterfront); Series 2000 A, Renewal & Redevelopment Tax Allocation Bonds (INS-AMBAC) (a) |
5.75 | % | 06/15/16 | 1,985 | 2,008,919 | |||||||||||
Pennsylvania1.90% |
||||||||||||||||
Delaware River Port Authority; |
||||||||||||||||
Series 2010 D, RB |
5.00 | % | 01/01/35 | 1,450 | 1,395,147 | |||||||||||
Series 2010 D, RB |
5.00 | % | 01/01/40 | 1,500 | 1,427,355 | |||||||||||
Franklin (County of) Industrial Development Authority (Chambersburg Hospital); Series 2010, RB |
5.38 | % | 07/01/42 | 2,900 | 2,599,937 | |||||||||||
Pennsylvania (State of) Turnpike Commission; |
||||||||||||||||
Series 2009 A, Sub. Turnpike RB (INS-AGL) (a) |
5.00 | % | 06/01/39 | 1,825 | 1,682,358 | |||||||||||
Series 2010 B 2, Sub. RB (l) |
5.75 | % | 12/01/28 | 3,450 | 2,538,061 | |||||||||||
Series 2010 B 2, Sub. RB (l) |
6.00 | % | 12/01/34 | 2,100 | 1,560,195 | |||||||||||
Philadelphia (City of) Authority of Industrial Development Authority (Philadelphia Airport System); Series 2001 A, Airport RB (INS-NATL/FGIC) (a)(e) |
5.13 | % | 07/01/19 | 1,000 | 1,005,050 | |||||||||||
Ridley Park Hospital Authority (Taylor Hospital); Series 1993 A, Hospital RB (h) |
6.00 | % | 12/01/13 | 860 | 932,171 | |||||||||||
13,140,274 | ||||||||||||||||
Puerto Rico3.12% |
||||||||||||||||
Puerto Rico (Commonwealth of) Electric Power Authority; |
||||||||||||||||
Series 2010 CCC, Power RB |
5.25 | % | 07/01/27 | 3,200 | 3,090,592 | |||||||||||
Series 2010 XX, Power RB |
5.25 | % | 07/01/40 | 3,050 | 2,686,104 | |||||||||||
Puerto Rico
(Commonwealth of) Public Buildings Authority (Government Facilities);
Series 2004 I, RB (c)(g) |
5.25 | % | 07/01/14 | 50 | 56,338 | |||||||||||
Puerto Rico (Commonwealth of) Sales Tax Financing Corp.; |
||||||||||||||||
Series 2009 A, First Sub. VRD Sales Tax RB (c)(d)(g) |
5.00 | % | 08/01/11 | 4,350 | 4,451,442 | |||||||||||
Series 2010 A, First Sub. Sales Tax RB |
5.38 | % | 08/01/39 | 3,100 | 2,856,743 | |||||||||||
Series 2010 A, First Sub. Sales Tax RB |
5.50 | % | 08/01/42 | 3,500 | 3,258,290 | |||||||||||
Series 2010 C, First Sub. Sales Tax RB |
5.25 | % | 08/01/41 | 5,700 | 5,119,512 | |||||||||||
21,519,021 | ||||||||||||||||
Rhode Island0.38% |
||||||||||||||||
Tobacco Settlement Corp.; Series 2002 A, Asset-Backed RB |
6.25 | % | 06/01/42 | 3,000 | 2,600,670 | |||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
South Carolina4.86% |
||||||||||||||||
Berkeley County School District (Berkeley School Facilities Group Inc.); Series 1995, COP (h) |
5.25 | % | 02/01/16 | $ | 2,375 | $ | 2,621,976 | |||||||||
Charleston (County of) Educational Excellence Finance Corp. (Charleston County School District); |
||||||||||||||||
Series 2005, RB (b) |
5.25 | % | 12/01/25 | 10,125 | 10,262,093 | |||||||||||
Series 2005, RB (b) |
5.25 | % | 12/01/26 | 3,375 | 3,400,515 | |||||||||||
Myrtle Beach (City of); |
||||||||||||||||
Series 2004 A, Hospitality Fee RB (INS-NATL/FGIC) (a) |
5.38 | % | 06/01/21 | 1,840 | 1,896,562 | |||||||||||
Series 2004 A, Hospitality Fee RB (INS-NATL/FGIC) (a) |
5.38 | % | 06/01/22 | 1,935 | 1,979,524 | |||||||||||
South Carolina (State of) Jobs-Economic Development Authority (AnMed Health); Series 2009 B, Ref. Hospital & Improvement RB (INS-AGL) (a) |
5.50 | % | 02/01/38 | 1,000 | 985,480 | |||||||||||
South Carolina (State of) Jobs-Economic Development Authority (Electric & Gas Co.); |
||||||||||||||||
Series 2002 A, IDR (INS-AMBAC) (a) |
5.20 | % | 11/01/27 | 4,500 | 4,502,610 | |||||||||||
Series 2002 B, IDR (INS-AMBAC) (a)(e) |
5.45 | % | 11/01/32 | 3,750 | 3,400,425 | |||||||||||
South Carolina (State of) Jobs-Economic Development Authority (Palmetto Health Alliance); Series 2003 A, Ref. Hospital Facilities RB |
6.25 | % | 08/01/31 | 3,000 | 3,019,230 | |||||||||||
South Carolina (State of) Jobs-Economic Development Authority (Wesley Commons); Series 2006, First Mortgage Health Facilities RB |
5.30 | % | 10/01/36 | 1,400 | 1,027,950 | |||||||||||
South Carolina (State of) Jobs-Economic Development Authority (Woodlands at Furman); Series 2007 A, RB |
6.00 | % | 11/15/27 | 750 | 427,845 | |||||||||||
33,524,210 | ||||||||||||||||
South Dakota0.06% |
||||||||||||||||
South Dakota (State of) Health & Educational Facilities Authority (Vocational Education Program); Series 1998 A, RB (INS-AMBAC) (a) |
5.40 | % | 08/01/13 | 410 | 416,888 | |||||||||||
Tennessee2.17% |
||||||||||||||||
Chattanooga (City of) Health Educational & Housing Facility Board (CDFI Phase I, LLC); Series 2005 A, Ref. Sr. RB |
5.13 | % | 10/01/35 | 4,345 | 3,497,551 | |||||||||||
Johnson City (City of) Health & Educational Facilities Board (Mountain States Health); Series 2006 A, First Mortgage MTN Hospital RB |
5.50 | % | 07/01/36 | 3,620 | 3,112,476 | |||||||||||
Johnson City (City of) Health & Educational Facilities Board; Series 2000 A, Ref. First Mortgage MTN Hospital RB (c)(g) |
7.50 | % | 07/01/12 | 3,500 | 3,864,560 | |||||||||||
Shelby (County of) Health Educational & Housing Facilities Board; Series 2004 B, RB (INS-AGM) (a)(b) |
5.25 | % | 09/01/27 | 4,550 | 4,512,508 | |||||||||||
14,987,095 | ||||||||||||||||
Texas16.20% |
||||||||||||||||
Alliance Airport Authority, Inc. (Federal Express Corp.); Series 2006, Ref. Special Facilities RB (e) |
4.85 | % | 04/01/21 | 2,375 | 2,309,474 | |||||||||||
Dallas (City of) Civic Center Convention Complex; |
||||||||||||||||
Series 2009, Ref. & Improvement RB (INS-AGL) (a) |
5.00 | % | 08/15/18 | 1,875 | 1,994,831 | |||||||||||
Series 2009, Ref. & Improvement RB (INS-AGL) (a) |
5.00 | % | 08/15/19 | 2,200 | 2,312,266 | |||||||||||
Dallas (County of) Flood Control District No. 1; Series 2002, Ref. Unlimited Tax GO Bonds |
6.75 | % | 04/01/16 | 980 | 1,034,498 | |||||||||||
Dallas-Fort Worth (Cities of) International Airport Facilities Improvement Corp.; |
||||||||||||||||
Series 2000 A, Joint Airport RB (INS-NATL/FGIC) (a)(e) |
5.75 | % | 11/01/30 | 4,000 | 4,001,400 | |||||||||||
Series 2001 A, Ref. & Improvement Airport RB (INS-BHAC/FGIC) (a)(e) |
5.50 | % | 11/01/31 | 4,000 | 3,821,080 | |||||||||||
Series 2002 C, Joint Airport RB (INS-NATL) (a)(e) |
5.75 | % | 11/01/18 | 1,050 | 1,053,465 | |||||||||||
Series 2002 C, Joint Airport RB (INS-NATL) (a)(e) |
6.00 | % | 11/01/23 | 2,000 | 2,007,000 | |||||||||||
El Paso (County of) Hospital District; Series 2008 A, Limited Tax GO Bonds (INS-AGL) (a)(b) |
5.00 | % | 08/15/37 | 7,960 | 7,551,174 | |||||||||||
Harris (County of) (Toll Road); Series 2009 A, Sr. Lien RB (b) |
5.00 | % | 08/15/32 | 1,000 | 981,230 | |||||||||||
Harris (County of) Health Facilities Development Corp. (Memorial Hermann Healthcare System); |
||||||||||||||||
Series 2001 A, Hospital RB (c)(g) |
6.38 | % | 06/01/11 | 1,000 | 1,029,930 | |||||||||||
Series 2008 B, Ref. Hospital RB |
7.25 | % | 12/01/35 | 1,200 | 1,292,520 | |||||||||||
Harris (County of) Industrial Development Corp. (Deer Park Refining Limited Partnership); Series 2006, Solid Waste Disposal RB |
5.00 | % | 02/01/23 | 1,550 | 1,520,147 | |||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Texas(continued) |
||||||||||||||||
Houston (City of); |
||||||||||||||||
Series 2000 A, Airport System Sub. Lien RB (INS-AGM) (a)(e) |
5.63 | % | 07/01/30 | $ | 1,000 | $ | 970,090 | |||||||||
Series 2007 A, Ref. First Lien Utility System RB (INS-AGM) (a)(b) |
5.00 | % | 11/15/36 | 12,800 | 12,535,552 | |||||||||||
Judson Independent School District (School Building); Series 2008, Unlimited Tax GO Bonds (INS-AGL) (a)(b) |
5.00 | % | 02/01/37 | 5,025 | 4,823,849 | |||||||||||
Lufkin (City of) Health Facilities Development Corp. (Memorial Health System of East Texas); |
||||||||||||||||
Series 2007, Health System RB |
5.50 | % | 02/15/32 | 1,650 | 1,393,887 | |||||||||||
Series 2007, Health System RB |
5.50 | % | 02/15/37 | 1,250 | 1,019,113 | |||||||||||
McLennan (County of) Public Facility Corp.; Series 2009, Project RB |
6.63 | % | 06/01/35 | 1,825 | 1,914,425 | |||||||||||
Mission (City of) Economic Development Corp. (Waste Management, Inc.); Series 2008, Solid Waste Disposal RB (c)(d)(e) |
6.00 | % | 08/01/13 | 1,500 | 1,582,980 | |||||||||||
North Central Texas Health Facility Development Corp. (Childrens Medical Center of Dallas); Series 2002, RB (INS-AMBAC) (a) |
5.25 | % | 08/15/32 | 3,450 | 3,320,763 | |||||||||||
North Texas Tollway Authority; |
||||||||||||||||
Series 2008, Ref. Second Tier System RB |
5.75 | % | 01/01/33 | 4,300 | 4,064,575 | |||||||||||
Series 2008 B, Ref. First Tier System RB |
5.63 | % | 01/01/28 | 1,000 | 1,009,920 | |||||||||||
Series 2008 B, Ref. First Tier System RB |
6.00 | % | 01/01/26 | 1,000 | 1,033,610 | |||||||||||
Series 2008 B, Ref. First Tier System RB |
6.00 | % | 01/01/27 | 1,420 | 1,464,432 | |||||||||||
Series 2008 L-2, Ref. First Tier System RB (c)(d) |
6.00 | % | 01/01/13 | 2,250 | 2,426,107 | |||||||||||
Port Freeport (City of) (The Dow Chemical Co.); Series 1991, Ref. RB |
5.25 | % | 10/01/11 | 1,000 | 1,003,640 | |||||||||||
Tarrant (County of) Cultural Education Facilities Finance Corp. (Buckingham Senior Living Community, Inc.); |
||||||||||||||||
Series 2007, Retirement Facility RB |
5.63 | % | 11/15/27 | 1,000 | 868,890 | |||||||||||
Series 2007, Retirement Facility RB |
5.75 | % | 11/15/37 | 4,200 | 3,476,088 | |||||||||||
Tarrant (County of) Cultural Education Facilities Finance Corp. (Buckner Retirement Services, Inc.); Series 2007, Retirement Facility RB |
5.25 | % | 11/15/37 | 7,000 | 6,102,880 | |||||||||||
Tarrant (County of) Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home); Series 2007, Retirement Facility RB |
5.75 | % | 02/15/25 | 650 | 555,783 | |||||||||||
Tarrant (County of) Cultural Education Facilities Finance Corp. (CHRISTUS Health); Series 2008 A, Ref. RB (INS-AGL) (a) |
6.25 | % | 07/01/28 | 4,900 | 5,024,019 | |||||||||||
Tarrant (County of) Educational Facilities Finance Corp. (C.C. Young Memorial Home); Series 2009 B-2, Retirement Facility RB |
6.50 | % | 02/15/14 | 1,850 | 1,834,922 | |||||||||||
Texas (State of) (Transportation Commission Mobility Fund); Series 2008, Unlimited Tax GO Bonds (b) |
5.00 | % | 04/01/28 | 8,700 | 8,896,533 | |||||||||||
Texas (State of) Gulf Coast Waste Disposal Authority (Waste Management); Series 2006 D, VRD RB (e) |
4.55 | % | 04/01/12 | 1,500 | 1,513,845 | |||||||||||
Texas (State of) Lower Colorado River Authority; Series 2010 A, Ref. RB |
5.00 | % | 05/15/40 | 2,425 | 2,229,569 | |||||||||||
Texas (State of) Private Activity Bond Surface Transportation Corp. (NTE Mobility Partners LLC North Tarrant Express Managed Lanes); Series 2009, Sr. Lien RB |
6.88 | % | 12/31/39 | 2,000 | 2,003,140 | |||||||||||
Texas (State of) Public Property Finance Corp. (Mental Health & Retardation); Series 1993, Ref. RB (INS-AGM) (a) |
5.50 | % | 09/01/13 | 315 | 315,973 | |||||||||||
Texas (State of) Water Development Board (State Revolving Fund); Series 1999 B, Sr. Lien RB |
5.25 | % | 07/15/17 | 1,500 | 1,505,565 | |||||||||||
Texas A&M University Board of Regents; Series 2009, Financing System RB |
5.00 | % | 05/15/28 | 4,000 | 4,090,960 | |||||||||||
Tyler (City of) Health Facilities Development Corp. (East Texas Medical Center Regional Healthcare System); Series 2007 A, Ref. & Improvement Hospital RB |
5.38 | % | 11/01/37 | 4,900 | 3,912,748 | |||||||||||
111,802,873 | ||||||||||||||||
Utah0.24% |
||||||||||||||||
Utah (State of) Charter School Finance Authority (Summit Academy); Series 2007 A, Charter School RB |
5.80 | % | 06/15/38 | 1,100 | 876,337 | |||||||||||
Utah (State of) Housing Corp.; Series 2007 E-1-CL I, Single Family Mortgage RB (b)(e) |
5.25 | % | 01/01/39 | 808 | 812,371 | |||||||||||
1,688,708 | ||||||||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Virgin Islands0.61% |
||||||||||||||||
Virgin Islands (Government of) Public Finance Authority (Gross Receipts Taxes Loan Note); Series 1999 A, RB |
6.38 | % | 10/01/19 | $ | 1,500 | $ | 1,515,750 | |||||||||
Virgin Islands Public Finance Authority (Virgin Islands Matching Fund Loan Note); Series 2010 A, Sr. Lien RB |
5.00 | % | 10/01/25 | 2,775 | 2,676,932 | |||||||||||
4,192,682 | ||||||||||||||||
Virginia0.57% |
||||||||||||||||
Lexington (City of) Industrial Development Authority (Kendall at Lexington); Series 2007 A, Residential Care Facilities Mortgage IDR |
5.50 | % | 01/01/37 | 700 | 535,801 | |||||||||||
Peninsula Town Center Community Development Authority; Series 2007, Special Obligation RB |
6.45 | % | 09/01/37 | 744 | 657,584 | |||||||||||
Virginia (State of) Tobacco Settlement Financing Corp.; Series 2005, Asset-Backed RB (g) |
5.50 | % | 06/01/26 | 800 | 885,984 | |||||||||||
White Oak Village Shops Community Development Authority; Series 2007, Special Assessment RB |
5.30 | % | 03/01/17 | 1,868 | 1,857,371 | |||||||||||
3,936,740 | ||||||||||||||||
Washington1.92% |
||||||||||||||||
Energy Northwest (No. 3); Series 2001 A, Ref. Electric RB (INS-AGM) (a) |
5.50 | % | 07/01/18 | 2,500 | 2,572,850 | |||||||||||
Goat Hill Properties (Government Office Building); Series 2005, Lease RB (INS-NATL) (a) |
5.00 | % | 12/01/33 | 1,000 | 959,830 | |||||||||||
Kalispel Tribe Indians; Series 2008, Priority District Washington RB |
6.63 | % | 01/01/28 | 1,950 | 1,679,398 | |||||||||||
Radford Court Properties; |
||||||||||||||||
Series 2000, Student Housing RB (INS-NATL) (a) |
6.00 | % | 06/01/15 | 1,435 | 1,454,746 | |||||||||||
Series 2000, Student Housing RB (INS-NATL) (a) |
6.00 | % | 06/01/16 | 1,585 | 1,606,810 | |||||||||||
Spokane (City of) Public Facilities District; Series 2003, RB (INS-NATL) (a) |
5.25 | % | 09/01/33 | 3,000 | 2,877,330 | |||||||||||
Washington (State of) Housing Finance Commission (Custodial Receipts Wesley Homes); Series 2008, Non-Profit RB (i) |
6.00 | % | 01/01/27 | 2,325 | 2,103,799 | |||||||||||
13,254,763 | ||||||||||||||||
West Virginia1.07% |
||||||||||||||||
Ohio (County of) (Fort Henry Centre Tax Increment Financing District); Series 2007 A, Tax Allocation RB |
5.63 | % | 06/01/22 | 250 | 238,593 | |||||||||||
Pleasants (County of) (County Commission Allegheny); Series 2007 F, Ref. PCR |
5.25 | % | 10/15/37 | 1,290 | 1,115,902 | |||||||||||
West Virginia (State of) Hospital Finance Authority (Thomas Health System, Inc.); |
||||||||||||||||
Series 2008, Hospital RB |
6.00 | % | 10/01/20 | 1,500 | 1,457,085 | |||||||||||
Series 2008, Hospital RB |
6.25 | % | 10/01/23 | 1,695 | 1,600,690 | |||||||||||
West Virginia (State of) Hospital Finance Authority (West Virginia United Health System Obligated Group); |
||||||||||||||||
Series 2009 C, Ref. & Improvement Hospital RB |
5.50 | % | 06/01/34 | 1,630 | 1,557,726 | |||||||||||
Series 2009 C, Ref. & Improvement Hospital RB |
5.50 | % | 06/01/39 | 1,535 | 1,440,812 | |||||||||||
7,410,808 | ||||||||||||||||
Wisconsin3.25% |
||||||||||||||||
Southeast Wisconsin Professional Baseball Park District; Series 1998 A, Ref. Sales Tax RB (g) |
5.50 | % | 12/15/20 | 2,000 | 2,286,480 | |||||||||||
Superior (City of) (Superior Water, Light & Power Company); |
||||||||||||||||
Series 2007 A, Ref. Collateralized Utility RB (e) |
5.38 | % | 11/01/21 | 700 | 700,133 | |||||||||||
Series 2007 B, Collateralized Utility RB (e) |
5.75 | % | 11/01/37 | 625 | 581,513 | |||||||||||
Wisconsin (State of) Health & Educational Facilities Authority (Aurora Health Care, Inc.); Series 2009 B, RB (c)(d) |
5.13 | % | 08/15/16 | 1,400 | 1,488,396 | |||||||||||
Wisconsin (State of) Health & Educational Facilities Authority (Meriter Hospital, Inc.); |
||||||||||||||||
Series 2002, VRD RB (LOC-JP Morgan Chase Bank, N.A.) (m)(n) |
0.19 | % | 12/01/32 | 2,945 | 2,945,000 | |||||||||||
Series 2008 A, VRD RB (LOC-U.S. Bank, N.A.) (m)(n) |
0.18 | % | 12/01/24 | 2,740 | 2,740,000 | |||||||||||
Wisconsin (State of) Health & Educational Facilities Authority (Prohealth Care, Inc. Obligated Group); Series 2009, RB |
6.63 | % | 02/15/39 | 1,825 | 1,898,018 | |||||||||||
Wisconsin (State of) Housing & Economic Development Authority; |
||||||||||||||||
Series 2008 A, Home Ownership RB (b)(e) |
5.30 | % | 09/01/23 | 4,100 | 4,172,693 | |||||||||||
Series 2008 A, Home Ownership RB (b)(e) |
5.50 | % | 09/01/28 | 4,000 | 4,010,720 | |||||||||||
Wisconsin (State of); Series 2009 A, General Appropriation RB |
5.38 | % | 05/01/25 | 1,545 | 1,618,959 | |||||||||||
22,441,912 | ||||||||||||||||
Principal | ||||||||||||||||
Interest | Maturity | Amount | ||||||||||||||
Rate | Date | (000) | Value | |||||||||||||
Wyoming0.55% |
||||||||||||||||
Sweetwater (County of) (FMC Corp.); Series 2005, Ref. Solid Waste Disposal RB (e) |
5.60 | % | 12/01/35 | $ | 2,000 | $ | 1,897,200 | |||||||||
Sweetwater (County of) (Idaho Power Co.); Series 2006, Ref. PCR |
5.25 | % | 07/15/26 | 1,850 | 1,879,249 | |||||||||||
3,776,449 | ||||||||||||||||
TOTAL INVESTMENTS(o)172.12% (Cost $1,227,481,308) |
1,188,241,517 | |||||||||||||||
FLOATING RATE NOTE AND DEALER TRUSTS OBLIGATIONS RELATED TO SECURITIES HELD(p)(23.75)% |
||||||||||||||||
Notes with interest rates ranging from 0.29% to 0.44% at 01/31/2011 and contractual maturities of collateral ranging from 06/01/2022 to 10/01/2041 (See
Note 1D) |
(163,955,000 | ) | ||||||||||||||
OTHER ASSETS LESS LIABILITIES2.10% |
14,466,402 | |||||||||||||||
PREFERRED SHARES OF BENEFICIAL INTEREST(50.47)% |
(348,400,000 | ) | ||||||||||||||
NET ASSETS100.00% |
$ | 690,352,919 | ||||||||||||||
ACA
|
ACA Financial Guaranty Corp. | |
AGC
|
Assured Guaranty Corp. | |
AGL
|
Assured Guaranty Ltd. | |
AGM
|
Assured Guaranty Municipal Corp. | |
AMBAC
|
American Municipal Bond Assurance Corp.* | |
BHAC
|
Berkshire Hathaway Assurance Corp. | |
BNY
|
Bank of New York | |
CIFG
|
CIFG Assurance North America, Inc. | |
COP
|
Certificates of Participation | |
FGIC
|
Financial Guaranty Insurance Co. | |
FHLMC
|
Federal Home Loan Mortgage Corp. | |
FNMA
|
Federal National Mortgage Association | |
GNMA
|
Government National Mortgage Association | |
GO
|
General Obligation | |
IBC
|
International Bancshares Corp. | |
IDR
|
Industrial Development Revenue Bonds | |
INS
|
Insurer | |
Jr.
|
Junior | |
LOC
|
Letter of Credit | |
MFH
|
Multi-Family Housing | |
MTN
|
Medium-Term Notes | |
NATL
|
National Public Finance Guarantee Corp. | |
PCR
|
Pollution Control Revenue Bonds | |
RB
|
Revenue Bonds | |
Ref.
|
Refunding | |
Sr.
|
Senior | |
Sub.
|
Subordinated | |
SYNCORA
|
Syncora Guarantee Inc. | |
TEMPS
|
Tax-Exempt Mandatory Paydown Securities | |
VRD
|
Variable Rate Demand |
Notes to Schedule of Investments: | ||
(a) | Principal and/or interest payments are secured by the bond insurance company listed. | |
(b) | Underlying security related to Special Purpose Trusts entered into by the Trust. See Note 1D. | |
(c) | Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put. | |
(d) | Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on January 31, 2011. |
(e) | Security subject to the alternative minimum tax. | |
(f) | Capital appreciation bond. | |
(g) | Advance refunded. | |
(h) | Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. | |
(i) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2011 was $9,087,371, which represented 1.32% of the Trusts Net Assets. | |
(j) | Defaulted security. Currently, the issuer is partially or fully in default with respect to interest payments. The aggregate value of these securities at January 31, 2011 was $1,467,665, which represented 0.21% of the Trusts Net Assets | |
(k) | Non-income producing security. | |
(l) | Step coupon bond. The interest rate represents the coupon rate at which the bond will accrue at a specified future date. | |
(m) | Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary. | |
(n) | Demand security payable upon demand by the Trust at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically. Rate shown is the rate in effect on January 31, 2011. | |
(o) | This table provides a listing of those entities that have either issued, guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the securities held in the portfolio. In instances where the entity has guaranteed, backed or otherwise enhanced the credit quality of a security, it is not primarily responsible for the issuers obligations but may be called upon to satisfy the issuers obligations. |
Entities | Percentage | |||||||||||||||
Assured Guaranty Municipal Corp. |
8.17 | % | ||||||||||||||
National Public Finance Guarantee Corp. |
15.26 |
(p) | Floating rate note obligations related to securities held. The interest rates shown reflect the rates in effect at January 31, 2011. At January 31, 2011, the Trusts investments with a value of $271,805,753 are held by Special Purpose Trusts established by a Broker Dealer (Dealer Trusts) and serve as collateral for the $163,955,000 in the floating rate note obligations outstanding at that date. | |
* | AMBAC filed for bankruptcy on November 8, 2010. |
A. | Security Valuations Securities, including restricted securities, are valued according to the following policy. |
B. | Securities Transactions and Investment Income Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income (net of withholding tax, if any) is recorded on the ex-dividend date. Bond premiums and discounts are amortized and/or accreted for financial reporting purposes. |
C. | Country Determination For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment adviser may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuers securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted. | |
D. | Inverse Floating Rate Obligations The Trust may invest in inverse floating rate securities, such as Residual Interest Bonds (RIBs) or Tender Option Bonds (TOBs) for investment purposes and to enhance the yield of the Trust. Inverse floating rate investments tend to underperform the market for fixed rate bonds in a rising interest rate environment, but tend to outperform the market for fixed rate bonds when interest rates decline or remain relatively |
stable. Such transactions may be purchased in the secondary market without first owning the underlying bond or by the sale of fixed rate bonds by the Trust to Special Purpose Trusts established by a broker dealer (Dealer Trusts) in exchange for cash and residual interests in the Dealer Trusts assets and cash flows, which are in the form of inverse floating rate obligations. The Dealer Trusts finance the purchases of the fixed rate bonds by issuing floating rate notes to third parties and allowing the Trust to retain residual interest in the bonds. The floating rate notes issued by the Dealer Trusts have interest rates that reset weekly and the floating rate note holders have the option to tender their notes to the Dealer Trusts for redemption at par at each reset date. The residual interests held by the Trust (inverse floating rate investments) include the right of the Trust (1) to cause the holders of the floating rate notes to tender their notes at par at the next interest rate reset date, and (2) to transfer the municipal bond from the Dealer Trusts to the Trust, thereby collapsing the Dealer Trusts. |
E. | Securities Purchased on a When-Issued and Delayed Delivery Basis The Trust may purchase and sell interests in Corporate Loans and Corporate Debt Securities and other portfolio securities on a when-issued and delayed delivery basis, with payment and delivery scheduled for a future date. No income accrues to the Trust on such interests or securities in connection with such transactions prior to the date the Trust actually takes delivery of such interests or securities. These transactions are subject to market fluctuations and are subject to the risk that the value at delivery may be more or less than the trade date purchase price. Although the Trust will generally purchase these securities with the intention of acquiring such securities, they may sell such securities prior to the settlement date. | |
F. | Other Risks The value of, payment of interest on, repayment of principal for and the ability to sell a municipal security may be affected by constitutional amendments, legislative enactments, executive orders, administrative regulations, voter initiatives and the economics of the regions in which the issuers are located. |
Level 1 | Prices are determined using quoted prices in an active market for identical assets. | ||
Level 2 | Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. | ||
Level 3 | Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Trusts own assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information. |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Municipal Obligations |
$ | | $ | 1,188,241,517 | $ | | $ | 1,188,241,517 | ||||||||
Aggregate unrealized appreciation of investment securities |
$ | 30,692,251 | ||
Aggregate unrealized (depreciation) of investment securities |
(66,484,034 | ) | ||
Net unrealized appreciation (depreciation) of investment securities |
$ | (35,791,783 | ) | |
Cost of
investments for tax purposes is $1,224,033,300. |
||||
(a) | As of March 21, 2011, an evaluation was performed under the supervision and with the participation of the officers of the Registrant, including the Principal Executive Officer (PEO) and Principal Financial Officer (PFO), to assess the effectiveness of the Registrants disclosure controls and procedures, as that term is defined in Rule 30a-3(c) under the Investment Company Act of 1940 (Act), as amended. Based on that evaluation, the Registrants officers, including the PEO and PFO, concluded that, as of March 21, 2011, the Registrants disclosure controls and procedures were reasonably designed so as to ensure: (1) that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the time periods specified by the rules and forms of the Securities and Exchange Commission; and (2) that material information relating to the Registrant is made known to the PEO and PFO as appropriate to allow timely decisions regarding required disclosure. | ||
(b) | There have been no changes in the Registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the Registrants last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrants internal control over financial reporting. |
Certifications of PEO and PFO as required by Rule 30a-2(a) under the Investment Company Act of 1940. |
By: | /s/ Colin Meadows | |||
Colin Meadows | ||||
Principal Executive Officer | ||||
By: | /s/ Colin Meadows | |||
Colin Meadows | ||||
Principal Executive Officer | ||||
By: | /s/ Sheri Morris | |||
Sheri Morris | ||||
Principal Financial Officer | ||||