Portfolio of Investments (Unaudited)
|
|||||
Nuveen Select Tax-Free Income Portfolio (NXP)
|
|||||
June 30, 2013
|
|||||
Principal
|
Optional Call
|
||||
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
Municipal Bonds – 95.2%
|
|||||
Alaska – 1.9%
|
|||||
$ 2,475
|
Alaska Municipal Bond Bank Authority, General Obligation Bonds, Series 2003E, 5.250%, 12/01/23
|
12/13 at 100.00
|
AA (4)
|
$ 2,527,594
|
|
(Pre-refunded 12/01/13) – NPFG Insured
|
|||||
2,675
|
Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds,
|
6/14 at 100.00
|
B+
|
2,088,159
|
|
Series 2006A, 5.000%, 6/01/46
|
|||||
5,150
|
Total Alaska
|
4,615,753
|
|||
Arizona – 3.5%
|
|||||
2,500
|
Arizona Health Facilities Authority, Hospital Revenue Bonds, Catholic Healthcare West, Series
|
3/21 at 100.00
|
A
|
2,572,150
|
|
2011B-1&2, 5.250%, 3/01/39
|
|||||
3,000
|
Arizona School Facilities Board, Certificates of Participation, Series 2003A, 5.000%, 9/01/13 –
|
No Opt. Call
|
A+
|
3,024,690
|
|
NPFG Insured
|
|||||
2,000
|
Phoenix, Arizona, Refunding Bonds, Series 2009C, 2.500%, 7/01/13
|
No Opt. Call
|
Aa1
|
2,000,380
|
|
625
|
Pima County Industrial Development Authority, Arizona, Revenue Bonds, Tucson Electric Power
|
10/20 at 100.00
|
Baa2
|
628,694
|
|
Company, Series 2010A, 5.250%, 10/01/40
|
|||||
8,125
|
Total Arizona
|
8,225,914
|
|||
Arkansas – 0.4%
|
|||||
5,915
|
Arkansas Development Finance Authority, Tobacco Settlement Revenue Bonds, Arkansas Cancer
|
No Opt. Call
|
Aa2
|
1,004,544
|
|
Research Center Project, Series 2006, 0.000%, 7/01/46 – AMBAC Insured
|
|||||
California – 11.3%
|
|||||
2,000
|
Alameda Corridor Transportation Authority, California, Revenue Bonds, Refunding Subordinate
|
10/17 at 100.00
|
BBB+
|
2,148,840
|
|
Lien Series 2004A, 5.450%, 10/01/25 – AMBAC Insured
|
|||||
4,195
|
Anaheim City School District, Orange County, California, General Obligation Bonds, Election
|
No Opt. Call
|
AA–
|
1,585,794
|
|
2002 Series 2007, 0.000%, 8/01/31 – AGM Insured
|
|||||
2,340
|
Anaheim Public Finance Authority, California, Subordinate Lease Revenue Bonds, Public
|
No Opt. Call
|
AA–
|
900,221
|
|
Improvement Project, Series 1997C, 0.000%, 9/01/30 – AGM Insured
|
|||||
895
|
California Statewide Community Development Authority, Revenue Bonds, Methodist Hospital
|
8/19 at 100.00
|
Aa2
|
1,056,521
|
|
Project, Series 2009, 6.750%, 2/01/38
|
|||||
3,790
|
Coast Community College District, Orange County, California, General Obligation Bonds, Series
|
8/16 at 33.78
|
Aa1
|
1,105,126
|
|
2006C, 0.000%, 8/01/36 – AGM Insured
|
|||||
2,645
|
Cypress Elementary School District, Orange County, California, General Obligation Bonds,
|
No Opt. Call
|
AA
|
834,894
|
|
Series 2009A, 0.000%, 5/01/34 – AGM Insured
|
|||||
2,130
|
Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement
|
No Opt. Call
|
A2
|
1,081,997
|
|
Asset-Backed Revenue Bonds, Series 2005A, 0.000%, 6/01/28 – AMBAC Insured
|
|||||
2,350
|
Golden Valley Unified School District, Madera County, California, General Obligation Bonds,
|
8/17 at 56.07
|
AA–
|
970,809
|
|
Election 2006 Series 2007A, 0.000%, 8/01/29 – AGM Insured
|
|||||
3,030
|
Grossmont Union High School District, San Diego County, California, General Obligation Bonds,
|
No Opt. Call
|
Aa2
|
1,839,755
|
|
Series 2006, 0.000%, 8/01/25 – NPFG Insured
|
|||||
365
|
Los Angeles, California, Parking System Revenue Bonds, Series 1999A, 5.250%, 5/01/29 –
|
11/13 at 100.00
|
AA–
|
369,442
|
|
AMBAC Insured
|
|||||
1,000
|
Moreno Valley Unified School District, Riverside County, California, General Obligation Bonds,
|
No Opt. Call
|
AA–
|
621,900
|
|
Series 2007, 0.000%, 8/01/23 – NPFG Insured
|
|||||
5,395
|
Napa Valley Community College District, Napa and Sonoma Counties, California, General
|
8/17 at 46.57
|
Aa2
|
2,076,751
|
|
Obligation Bonds, Election 2002 Series 2007C, 0.000%, 8/01/32 – NPFG Insured
|
|||||
3,000
|
New Haven Unified School District, Alameda County, California, General Obligation Bonds,
|
No Opt. Call
|
Aa3
|
1,392,780
|
|
Series 2004A, 0.000%, 8/01/28 – NPFG Insured
|
|||||
590
|
Palomar Pomerado Health Care District, California, Certificates of Participation, Series 2009,
|
11/19 at 100.00
|
Baa3
|
632,728
|
|
6.750%, 11/01/39
|
|||||
4,390
|
Pittsburg Redevelopment Agency, California, Tax Allocation Bonds, Los Medanos Community
|
No Opt. Call
|
A
|
1,761,795
|
|
Development Project, Series 1999, 0.000%, 8/01/29 – AMBAC Insured
|
|||||
1,700
|
Placentia-Yorba Linda Unified School District, Orange County, California, Certificates of
|
No Opt. Call
|
A+
|
511,530
|
|
Participation, Series 2006, 0.000%, 10/01/34 – FGIC Insured
|
|||||
8,000
|
Poway Unified School District, San Diego County, California, School Facilities Improvement
|
No Opt. Call
|
Aa2
|
2,785,760
|
|
District 2007-1 General Obligation Bonds, Series 2009A, 0.000%, 8/01/33
|
|||||
2,930
|
San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue
|
No Opt. Call
|
A
|
1,341,588
|
|
Refunding Bonds, Series 1997A, 0.000%, 1/15/27 – NPFG Insured
|
|||||
1,250
|
San Jose, California, Airport Revenue Bonds, Series 2004D, 5.000%, 3/01/28 – NPFG Insured
|
3/14 at 100.00
|
A
|
1,273,150
|
|
2,110
|
Sierra Sands Unified School District, Kern County, California, General Obligation Bonds,
|
No Opt. Call
|
AA
|
926,121
|
|
Election of 2006, Series 2006A, 0.000%, 11/01/28 – FGIC Insured
|
|||||
1,195
|
Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed
|
6/15 at 100.00
|
B–
|
1,000,215
|
|
Bonds, Series 2005A-1, 5.500%, 6/01/45
|
|||||
1,150
|
Woodside Elementary School District, San Mateo County, California, General Obligation Bonds,
|
No Opt. Call
|
AAA
|
486,289
|
|
Series 2007, 0.000%, 10/01/30 – AMBAC Insured
|
|||||
56,450
|
Total California
|
26,704,006
|
|||
Colorado – 5.6%
|
|||||
2,950
|
Colorado Department of Transportation, Revenue Anticipation Bonds, Series 2003A, 5.250%,
|
12/13 at 100.00
|
AA (4)
|
3,018,116
|
|
12/15/15 (Pre-refunded 12/15/13) – AMBAC Insured
|
|||||
1,000
|
Colorado Health Facilities Authority, Colorado, Revenue Bonds, Sisters of Charity of
|
1/20 at 100.00
|
AA
|
1,014,970
|
|
Leavenworth Health Services Corporation, Series 2010A, 5.000%, 1/01/40
|
|||||
1,900
|
Denver City and County, Colorado, Airport System Revenue Bonds, Series 1991D, 7.750%, 11/15/13
|
No Opt. Call
|
A+
|
1,950,597
|
|
(Alternative Minimum Tax)
|
|||||
3,000
|
Denver Convention Center Hotel Authority, Colorado, Revenue Bonds, Convention Center Hotel,
|
12/13 at 100.00
|
N/R (4)
|
3,059,130
|
|
Senior Lien Series 2003A, 5.000%, 12/01/23 (Pre-refunded 12/01/13) – SYNCORA GTY Insured
|
|||||
500
|
Denver, Colorado, Airport System Revenue Refunding Bonds, Series 2003B, 5.000%, 11/15/33
|
11/13 at 100.00
|
A+ (4)
|
509,035
|
|
(Pre-refunded 11/15/13) – SYNCORA GTY Insured
|
|||||
160
|
E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000B, 0.000%, 9/01/29 –
|
No Opt. Call
|
A
|
66,838
|
|
NPFG Insured
|
|||||
2,000
|
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004B, 0.000%, 9/01/32 –
|
9/20 at 50.83
|
A
|
681,060
|
|
NPFG Insured
|
|||||
12,500
|
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2006A, 0.000%, 9/01/38 –
|
9/26 at 54.77
|
A
|
2,891,875
|
|
NPFG Insured
|
|||||
24,010
|
Total Colorado
|
13,191,621
|
|||
Florida – 2.2%
|
|||||
3,125
|
Collier County, Florida, Special Obligation Revenue Bonds, Refunding Series 2012, 4.000%, 10/01/13
|
No Opt. Call
|
AA
|
3,155,406
|
|
2,000
|
Halifax Hospital Medical Center, Florida, Revenue Bonds, Series 2006, 5.375%, 6/01/46
|
6/16 at 100.00
|
A–
|
2,036,140
|
|
5,125
|
Total Florida
|
5,191,546
|
|||
Georgia – 0.9%
|
|||||
2,000
|
Franklin County Industrial Building Authority, Georgia, Revenue Bonds, Ty Cobb Regional
|
12/20 at 100.00
|
N/R
|
2,123,660
|
|
Medical Center Project, Series 2010, 8.125%, 12/01/45
|
|||||
Illinois – 13.1%
|
|||||
Board of Trustees of Southern Illinois University, Housing and Auxiliary Facilities System
|
|||||
Revenue Bonds, Series 1999A:
|
|||||
2,465
|
0.000%, 4/01/20 – NPFG Insured
|
No Opt. Call
|
A
|
1,877,714
|
|
2,000
|
0.000%, 4/01/23 – NPFG Insured
|
No Opt. Call
|
A
|
1,267,100
|
|
735
|
Chicago Board of Education, Cook County, Illinois, General Obligation Bonds, Dedicated
|
12/21 at 100.00
|
A+
|
736,477
|
|
Revenues Series 2011A, 5.000%, 12/01/41
|
|||||
2,000
|
Chicago, Illinois, Third Lien General Airport Revenue Bonds, O’Hare International Airport,
|
1/14 at 100.00
|
AA–
|
2,050,760
|
|
Series 2003F, 5.500%, 1/01/15 – CIFG Insured
|
|||||
DuPage County Community School District 200, Wheaton, Illinois, General Obligation Bonds,
|
|||||
Series 2003B:
|
|||||
805
|
5.250%, 11/01/20 (Pre-refunded 11/01/13) – AGM Insured
|
11/13 at 100.00
|
Aa3 (4)
|
818,693
|
|
195
|
5.250%, 11/01/20 (Pre-refunded 1/01/14) – AGM Insured
|
1/14 at 100.00
|
AA (4)
|
199,935
|
|
750
|
Illinois Educational Facilities Authority, Revenue Bonds, Northwestern University, Series
|
12/13 at 100.00
|
AAA
|
760,163
|
|
2003, 5.000%, 12/01/38
|
|||||
1,050
|
Illinois Finance Authority, Revenue Bonds, Loyola University of Chicago, Tender Option Bond
|
No Opt. Call
|
Aa1
|
1,109,199
|
|
Trust 1137, 9.436%, 7/01/15 (IF)
|
|||||
4,000
|
Illinois Finance Authority, Revenue Bonds, Northwestern Memorial Hospital, Series 2004A,
|
8/14 at 100.00
|
N/R (4)
|
4,234,560
|
|
5.500%, 8/15/43 (Pre-refunded 8/15/14)
|
|||||
260
|
Illinois Finance Authority, Revenue Bonds, Rehabilitation Institute of Chicago, Series 2013A,
|
7/23 at 100.00
|
A–
|
268,588
|
|
6.000%, 7/01/43 (WI/DD, Settling 7/11/13)
|
|||||
1,000
|
Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Series
|
8/19 at 100.00
|
BBB+
|
1,118,280
|
|
2009, 6.875%, 8/15/38
|
|||||
2,100
|
Illinois Finance Authority, Revenue Refunding Bonds, Silver Cross Hospital and Medical
|
8/18 at 100.00
|
BBB+
|
2,175,180
|
|
Centers, Series 2008A, 5.500%, 8/15/30
|
|||||
2,275
|
Illinois Health Facilities Authority, Revenue Refunding Bonds, Elmhurst Memorial Healthcare,
|
9/13 at 100.00
|
Baa2
|
2,283,941
|
|
Series 2002, 6.250%, 1/01/17
|
|||||
2,190
|
Illinois State, General Obligation Bonds, Refunding Series 2012, 5.000%, 8/01/23
|
No Opt. Call
|
A–
|
2,361,192
|
|
1,000
|
Kendall, Kane, and Will Counties Community Unit School District 308 Oswego, Illinois, General
|
No Opt. Call
|
Aa2
|
644,260
|
|
Obligation Bonds, Series 2008, 0.000%, 2/01/24 – AGM Insured
|
|||||
1,990
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
No Opt. Call
|
A
|
1,842,342
|
|
Project, Series 1993A, 0.010%, 6/15/17 – FGIC Insured
|
|||||
1,135
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
No Opt. Call
|
A (4)
|
1,076,718
|
|
Project, Series 1993A, 0.000%, 6/15/17 – FGIC Insured (ETM)
|
|||||
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
|||||
Project, Series 2002A:
|
|||||
1,720
|
0.000%, 12/15/29 – NPFG Insured
|
No Opt. Call
|
AAA
|
760,360
|
|
810
|
0.000%, 6/15/30 – NPFG Insured
|
No Opt. Call
|
AAA
|
343,578
|
|
6,070
|
0.000%, 12/15/31 – NPFG Insured
|
No Opt. Call
|
AAA
|
2,356,799
|
|
5,000
|
0.000%, 12/15/36 – NPFG Insured
|
No Opt. Call
|
AAA
|
1,415,900
|
|
1,300
|
Schaumburg, Illinois, General Obligation Bonds, Series 2004B, 5.250%, 12/01/34 (Pre-refunded
|
12/14 at 100.00
|
AAA
|
1,392,170
|
|
12/01/14) – FGIC Insured
|
|||||
40,850
|
Total Illinois
|
31,093,909
|
|||
Indiana – 1.7%
|
|||||
1,000
|
Franklin Community Multi-School Building Corporation, Johnson County, Indiana, First Mortgage
|
7/14 at 100.00
|
A+ (4)
|
1,049,470
|
|
Revenue Bonds, Series 2004, 5.000%, 7/15/22 (Pre-refunded 7/15/14) – FGIC Insured
|
|||||
975
|
Indiana Health Facility Financing Authority, Hospital Revenue Refunding Bonds, Columbus
|
No Opt. Call
|
AA–
|
1,031,833
|
|
Regional Hospital, Series 1993, 7.000%, 8/15/15 – AGM Insured
|
|||||
1,000
|
Indiana Health Facility Financing Authority, Revenue Bonds, Community Foundation of Northwest
|
3/17 at 100.00
|
A–
|
1,043,260
|
|
Indiana, Series 2007, 5.500%, 3/01/37
|
|||||
750
|
West Clark 2000 School Building Corporation, Clark County, Indiana, First Mortgage Bonds,
|
1/15 at 100.00
|
AA+
|
794,535
|
|
Series 2005, 5.000%, 7/15/22 – NPFG Insured
|
|||||
3,725
|
Total Indiana
|
3,919,098
|
|||
Iowa – 2.6%
|
|||||
1,665
|
Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company
|
No Opt. Call
|
BB–
|
1,660,421
|
|
Project, Series 2013, 5.000%, 12/01/19
|
|||||
1,000
|
Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C,
|
6/15 at 100.00
|
B+
|
862,010
|
|
5.375%, 6/01/38
|
|||||
4,000
|
Iowa Tobacco Settlement Authority, Tobacco Asset-Backed Revenue Bonds, Series 2005B,
|
6/17 at 100.00
|
B+
|
3,612,280
|
|
5.600%, 6/01/34
|
|||||
6,665
|
Total Iowa
|
6,134,711
|
|||
Kansas – 0.5%
|
|||||
500
|
Lawrence, Kansas, Hospital Revenue Bonds, Lawrence Memorial Hospital, Refunding Series 2006,
|
7/16 at 100.00
|
A1
|
501,800
|
|
4.875%, 7/01/36
|
|||||
750
|
Wamego, Kansas, Pollution Control Revenue Bonds, Kansas Gas and Electric Company, Series 2004,
|
6/14 at 100.00
|
A
|
757,185
|
|
5.300%, 6/01/31 – NPFG Insured
|
|||||
1,250
|
Total Kansas
|
1,258,985
|
|||
Kentucky – 1.1%
|
|||||
2,500
|
Kentucky Economic Development Finance Authority, Hospital Revenue Bonds, Baptist Healthcare
|
8/21 at 100.00
|
AA–
|
2,579,350
|
|
System Obligated Group, Series 2011, 5.250%, 8/15/46
|
|||||
Louisiana – 1.2%
|
|||||
2,790
|
Tobacco Settlement Financing Corporation, Louisiana, Tobacco Settlement Asset-Backed Bonds,
|
11/13 at 100.00
|
A–
|
2,783,025
|
|
Series 2001B, 5.875%, 5/15/39
|
|||||
Massachusetts – 1.7%
|
|||||
500
|
Massachusetts Health and Educational Facilities Authority, Revenue Bonds, CareGroup Inc.,
|
7/18 at 100.00
|
A–
|
512,110
|
|
Series 2008E-1 &2, 5.000%, 7/01/28
|
|||||
1,865
|
Massachusetts Housing Finance Agency, Housing Bonds, Series 2009F, 5.700%, 6/01/40
|
12/18 at 100.00
|
AA–
|
1,957,877
|
|
1,600
|
Massachusetts Water Pollution Abatement Trust, Pooled Loan Program Bonds, Series 2003-9,
|
8/13 at 100.00
|
AAA
|
1,606,925
|
|
5.000%, 8/01/23 (Pre-refunded 8/01/13)
|
|||||
3,965
|
Total Massachusetts
|
4,076,912
|
|||
Michigan – 2.6%
|
|||||
355
|
Detroit Water and Sewerage Department, Michigan, Sewage Disposal System Revenue Bonds,
|
7/22 at 100.00
|
A+
|
345,188
|
|
Refunding Senior Lien Series 2012A, 5.250%, 7/01/39
|
|||||
1,500
|
Detroit, Michigan, Sewer Disposal System Revenue Bonds, Second Lien, Series 2001E, 5.750%,
|
7/18 at 100.00
|
AA+
|
1,558,035
|
|
7/01/31 – BHAC Insured
|
|||||
2,450
|
Detroit, Michigan, Sewer Disposal System Revenue Bonds, Second Lien, Series 2006B, 5.000%,
|
7/16 at 100.00
|
A
|
2,417,979
|
|
7/01/33 – FGIC Insured
|
|||||
1,910
|
Detroit, Michigan, Water Supply System Senior Lien Revenue Bonds, Series 2004A, 4.500%,
|
7/16 at 100.00
|
A
|
1,856,463
|
|
7/01/25 – NPFG Insured
|
|||||
6,215
|
Total Michigan
|
6,177,665
|
|||
Missouri – 2.1%
|
|||||
Kansas City Municipal Assistance Corporation, Missouri, Leasehold Revenue Bonds,
|
|||||
Series 2004B-1:
|
|||||
1,165
|
0.000%, 4/15/23 – AMBAC Insured
|
No Opt. Call
|
AA–
|
823,247
|
|
5,000
|
0.000%, 4/15/30 – AMBAC Insured
|
No Opt. Call
|
AA–
|
2,217,300
|
|
2,000
|
Missouri State Health and Educational Facilities Authority, Health Facilities Revenue Bonds,
|
11/23 at 100.00
|
A2
|
2,018,440
|
|
CoxHealth, Series 2013A, 5.000%, 11/15/38
|
|||||
8,165
|
Total Missouri
|
5,058,987
|
|||
Nevada – 2.3%
|
|||||
750
|
Clark County, Nevada, Airport Revenue Bonds, Tender Option Bond Trust 11823, 20.654%, 1/01/18 (IF)
|
No Opt. Call
|
A+
|
1,051,830
|
|
1,000
|
Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran
|
1/20 at 100.00
|
A+
|
1,055,170
|
|
International Airport, Series 2010A, 5.250%, 7/01/42
|
|||||
1,500
|
Las Vegas Redevelopment Agency, Nevada, Tax Increment Revenue Bonds, Series 2009A,
|
6/19 at 100.00
|
BBB–
|
1,644,570
|
|
8.000%, 6/15/30
|
|||||
1,600
|
Las Vegas Valley Water District, Nevada, General Obligation Bonds, Series 2005A, 5.000%,
|
6/15 at 100.00
|
AA+
|
1,720,032
|
|
6/01/18 – FGIC Insured
|
|||||
4,850
|
Total Nevada
|
5,471,602
|
|||
New Jersey – 6.5%
|
|||||
2,500
|
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Somerset Medical Center,
|
9/13 at 100.00
|
Ba2
|
2,502,875
|
|
Series 2003, 5.500%, 7/01/23
|
|||||
35,000
|
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2006C,
|
No Opt. Call
|
AA–
|
10,785,950
|
|
0.000%, 12/15/34 – AGM Insured
|
|||||
2,500
|
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,
|
6/17 at 100.00
|
B2
|
2,006,075
|
|
Series 2007-1A, 5.000%, 6/01/41
|
|||||
40,000
|
Total New Jersey
|
15,294,900
|
|||
New Mexico – 2.6%
|
|||||
1,000
|
Gallup McKinley County School District 1, New Mexico, General Obligation Bonds, Series 2011B,
|
No Opt. Call
|
Aa1
|
1,001,630
|
|
2.000%, 8/01/13
|
|||||
1,000
|
New Mexico Mortgage Finance Authority, Multifamily Housing Revenue Bonds, St Anthony, Series
|
9/17 at 100.00
|
N/R
|
1,010,740
|
|
2007A, 5.250%, 9/01/42 (Alternative Minimum Tax)
|
|||||
4,000
|
University of New Mexico, FHA-Insured Hospital Mortgage Revenue Bonds, University of Mexico
|
7/14 at 100.00
|
AA–
|
4,046,360
|
|
Hospital Project, Series 2004, 4.625%, 7/01/25 – AGM Insured
|
|||||
6,000
|
Total New Mexico
|
6,058,730
|
|||
New York – 3.8%
|
|||||
1,000
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Kaleida
|
2/14 at 100.00
|
AAA
|
1,028,350
|
|
Health, Series 2004, 5.050%, 2/15/25 (Pre-refunded 2/15/14)
|
|||||
500
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series
|
2/21 at 100.00
|
A
|
520,270
|
|
2011A, 5.250%, 2/15/47
|
|||||
1,810
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 5.000%,
|
2/17 at 100.00
|
A
|
1,830,073
|
|
2/15/47 – FGIC Insured
|
|||||
2,385
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Refunding Series 2010A,
|
No Opt. Call
|
A
|
2,476,846
|
|
5.000%, 5/01/14
|
|||||
2,500
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
5/17 at 100.00
|
AAA
|
2,669,150
|
|
Series 2007B, 4.750%, 11/01/27
|
|||||
530
|
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air
|
12/20 at 100.00
|
BBB–
|
592,084
|
|
Terminal LLC Project, Eighth Series 2010, 6.000%, 12/01/42
|
|||||
8,725
|
Total New York
|
9,116,773
|
|||
North Carolina – 0.5%
|
|||||
1,000
|
North Carolina Eastern Municipal Power Agency, Power System Revenue Bonds, Series 2008C,
|
1/19 at 100.00
|
A–
|
1,185,330
|
|
6.750%, 1/01/24
|
|||||
Ohio – 1.7%
|
|||||
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
|||||
Bonds, Senior Lien, Series 2007A-2:
|
|||||
1,670
|
6.000%, 6/01/42
|
6/17 at 100.00
|
BB+
|
1,401,163
|
|
1,000
|
6.500%, 6/01/47
|
6/17 at 100.00
|
B
|
886,410
|
|
1,975
|
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
6/22 at 100.00
|
B
|
1,712,009
|
|
Bonds, Senior Lien, Series 2007A-3, 6.250%, 6/01/37
|
|||||
4,645
|
Total Ohio
|
3,999,582
|
|||
Oklahoma – 2.2%
|
|||||
1,000
|
Norman Regional Hospital Authority, Oklahoma, Hospital Revenue Bonds, Series 2005,
|
9/16 at 100.00
|
BB+
|
1,007,750
|
|
5.375%, 9/01/36
|
|||||
4,000
|
Oklahoma Development Finance Authority, Revenue Bonds, St. John Health System, Series 2004,
|
2/14 at 100.00
|
A (4)
|
4,117,680
|
|
5.000%, 2/15/24 (Pre-refunded 2/15/14)
|
|||||
5,000
|
Total Oklahoma
|
5,125,430
|
|||
Pennsylvania – 1.1%
|
|||||
500
|
Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Widener University,
|
7/13 at 100.00
|
A–
|
501,505
|
|
Series 2003, 5.250%, 7/15/24
|
|||||
1,490
|
Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Subordinate Special Revenue
|
12/20 at 100.00
|
AA
|
1,351,102
|
|
Bonds, Series 2010B, 0.000%, 12/01/30
|
|||||
700
|
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2004A, 5.500%, 12/01/31 –
|
12/14 at 100.00
|
A+
|
734,489
|
|
AMBAC Insured
|
|||||
2,690
|
Total Pennsylvania
|
2,587,096
|
|||
Puerto Rico – 2.1%
|
|||||
1,000
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/19 at 100.00
|
A+
|
1,040,200
|
|
2009A, 6.000%, 8/01/42
|
|||||
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A:
|
|||||
17,500
|
0.000%, 8/01/41 – NPFG Insured
|
No Opt. Call
|
AA–
|
3,277,575
|
|
1,000
|
0.000%, 8/01/43 – NPFG Insured
|
No Opt. Call
|
AA–
|
164,470
|
|
7,000
|
0.000%, 8/01/54 – AMBAC Insured
|
No Opt. Call
|
AA–
|
531,090
|
|
26,500
|
Total Puerto Rico
|
5,013,335
|
|||
Rhode Island – 0.5%
|
|||||
1,125
|
Rhode Island Economic Development Corporation, Airport Revenue Bonds, Refunding Series 2005A,
|
7/15 at 100.00
|
A
|
1,112,018
|
|
4.625%, 7/01/26 – NPFG Insured (Alternative Minimum Tax)
|
|||||
South Carolina – 1.2%
|
|||||
1,250
|
Dorchester County School District 2, South Carolina, Installment Purchase Revenue Bonds,
|
12/14 at 100.00
|
AA– (4)
|
1,335,400
|
|
GROWTH, Series 2004, 5.250%, 12/01/20 (Pre-refunded 12/01/14)
|
|||||
1,500
|
Lexington County Health Service District, South Carolina, Hospital Revenue Refunding and
|
11/13 at 100.00
|
AA– (4)
|
1,529,190
|
|
Improvement Bonds, Series 2003, 6.000%, 11/01/18 (Pre-refunded 11/01/13)
|
|||||
2,750
|
Total South Carolina
|
2,864,590
|
|||
Texas – 12.1%
|
|||||
1,000
|
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien Series 2005, 5.000%,
|
1/15 at 100.00
|
A (4)
|
1,066,830
|
|
1/01/35 (Pre-refunded 1/01/15) – FGIC Insured
|
|||||
250
|
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien Series 2011,
|
1/21 at 100.00
|
Baa2
|
269,705
|
|
6.000%, 1/01/41
|
|||||
2,300
|
Harris County Health Facilities Development Corporation, Texas, Thermal Utility Revenue Bonds,
|
11/13 at 100.00
|
AA (4)
|
2,340,848
|
|
TECO Project, Series 2003, 5.000%, 11/15/30 (Pre-refunded 11/15/13) – NPFG Insured
|
|||||
3,415
|
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Junior Lien Series 2001H,
|
No Opt. Call
|
A
|
1,226,361
|
|
0.000%, 11/15/30 – NPFG Insured
|
|||||
4,165
|
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004A-3,
|
11/24 at 52.47
|
A
|
1,062,033
|
|
0.000%, 11/15/35 – NPFG Insured
|
|||||
4,015
|
Harris County-Houston Sports Authority, Texas, Senior Lien Revenue Refunding Bonds, Series
|
11/30 at 61.17
|
A
|
886,392
|
|
2001A, 0.000%, 11/15/38 – NPFG Insured
|
|||||
1,780
|
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation
|
8/16 at 35.23
|
AAA
|
554,150
|
|
Bonds, Series 2007, 0.000%, 8/15/37
|
|||||
2,260
|
Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds,
|
11/20 at 100.00
|
BBB–
|
2,243,615
|
|
Southwest Airlines Company, Series 2010, 5.250%, 11/01/40
|
|||||
2,000
|
North Texas Tollway Authority, First Tier System Revenue Refunding Bonds, Capital Appreciation
|
1/25 at 100.00
|
A2
|
2,095,140
|
|
Series 2008I, 0.000%, 1/01/43
|
|||||
4,500
|
Richardson Hospital Authority, Texas, Revenue Bonds, Richardson Regional Medical Center,
|
12/13 at 100.00
|
A+
|
4,575,465
|
|
Series 2004, 6.000%, 12/01/34
|
|||||
5,000
|
Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Series
|
No Opt. Call
|
A3
|
5,085,250
|
|
2012, 5.000%, 12/15/26
|
|||||
1,000
|
Texas State, General Obligation Bonds, Water Financial Assistance, Series 2009E,
|
No Opt. Call
|
Aaa
|
1,003,520
|
|
4.000%, 8/01/13
|
|||||
3,500
|
Texas State, Public Finance Authority Revenue Bonds, Unemployment Compensation Obligation
|
No Opt. Call
|
Aaa
|
3,501,400
|
|
Assessment, Series 2010A, 5.000%, 7/01/13
|
|||||
1,750
|
Texas, General Obligation Bonds, Water Financial Assistance Program, Series 2003A, 5.125%,
|
8/13 at 100.00
|
Aaa
|
1,750,700
|
|
8/01/42 (Alternative Minimum Tax)
|
|||||
830
|
Wood County Central Hospital District, Texas, Revenue Bonds, East Texas Medical Center Quitman
|
11/21 at 100.00
|
Baa2
|
891,545
|
|
Project, Series 2011, 6.000%, 11/01/41
|
|||||
37,765
|
Total Texas
|
28,552,954
|
|||
Virginia – 2.6%
|
|||||
1,000
|
Fairfax County Economic Development Authority, Virginia, Residential Care Facilities Mortgage
|
10/17 at 100.00
|
BBB
|
1,014,420
|
|
Revenue Bonds, Goodwin House, Inc., Series 2007A, 5.125%, 10/01/42
|
|||||
1,000
|
Henrico County Economic Development Authority, Virginia, Residential Care Facility Revenue
|
9/13 at 102.50
|
BBB
|
1,003,540
|
|
Bonds, Westminster Canterbury of Richmond, Series 2006, 5.000%, 10/01/35
|
|||||
2,000
|
Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles
|
10/28 at 100.00
|
BBB+
|
1,602,600
|
|
Metrorail Capital Appreciation, Series 2010B, 0.000%, 10/01/44
|
|||||
Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River
|
|||||
Crossing, Opco LLC Project, Series 2012:
|
|||||
1,000
|
5.250%, 1/01/32 (Alternative Minimum Tax)
|
7/22 at 100.00
|
BBB–
|
972,320
|
|
650
|
6.000%, 1/01/37 (Alternative Minimum Tax)
|
7/22 at 100.00
|
BBB–
|
664,508
|
|
1,010
|
5.500%, 1/01/42 (Alternative Minimum Tax)
|
7/22 at 100.00
|
BBB–
|
969,348
|
|
6,660
|
Total Virginia
|
6,226,736
|
|||
Washington – 1.7%
|
|||||
990
|
Washington Health Care Facilities Authority, Revenue Bonds, Fred Hutchinson Cancer Research
|
1/21 at 100.00
|
A
|
1,034,946
|
|
Center, Series 2011A, 5.625%, 1/01/35
|
|||||
1,790
|
Washington State Tobacco Settlement Authority, Tobacco Settlement Asset-Backed Revenue Bonds,
|
9/13 at 100.00
|
A3
|
1,809,654
|
|
Series 2002, 6.500%, 6/01/26
|
|||||
2,115
|
Washington State, Motor Vehicle Fuel Tax General Obligation Bonds, Series 2003F, 0.000%,
|
No Opt. Call
|
AA+
|
1,255,189
|
|
12/01/27 – NPFG Insured
|
|||||
4,895
|
Total Washington
|
4,099,789
|
|||
West Virginia – 0.2%
|
|||||
500
|
West Virginia Hospital Finance Authority, Hospital Revenue Bonds, United Hospital Center Inc.
|
6/16 at 100.00
|
A
|
506,845
|
|
Project, Series 2006A, 4.500%, 6/01/26 – AMBAC Insured
|
|||||
Wisconsin – 1.7%
|
|||||
1,645
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Mercy Alliance, Inc.,
|
6/22 at 100.00
|
A2
|
1,654,936
|
|
Series 2012, 5.000%, 6/01/39
|
|||||
1,000
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Wheaton Franciscan
|
8/13 at 100.00
|
A–
|
1,006,130
|
|
Services Inc., Series 2003A, 5.500%, 8/15/17
|
|||||
1,440
|
Wisconsin, General Obligation Refunding Bonds, Series 2003-3, 5.000%, 11/01/26
|
11/13 at 100.00
|
AA
|
1,461,917
|
|
4,085
|
Total Wisconsin
|
4,122,983
|
$ 340,090
|
Total Municipal Bonds (cost $214,477,786)
|
225,478,379
|
Principal
|
||||||
Amount (000)
|
Description (1)
|
Coupon
|
Maturity
|
Ratings (3)
|
Value
|
|
Corporate Bonds – 0.0%
|
||||||
Transportation – 0.0%
|
||||||
$ 191
|
Las Vegas Monorail Company, Senior Interest Bonds (5), (6)
|
5.500%
|
7/15/19
|
N/R
|
$ 47,690
|
|
56
|
Las Vegas Monorail Company, Senior Interest Bonds (5), (6)
|
3.000%
|
7/15/55
|
N/R
|
11,165
|
|
$ 247
|
Total Corporate Bonds (cost $4,690)
|
58,855
|
Principal
|
Optional Call
|
||||
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
Short-Term Investments – 1.5%
|
|||||
Texas – 1.5%
|
|||||
$ 3,520
|
Texas State, Tax and Revenue Anticipation Notes, Series 2012, 2.500%, 8/30/13 (7)
|
No Opt. Call
|
SP-1+
|
$ 3,534,538
|
|
Total Short-Term Investments (cost $3,533,560)
|
3,534,538
|
||||
Total Investments (cost $218,016,036) – 96.7%
|
229,071,772
|
||||
Other Assets Less Liabilities – 3.3%
|
7,755,896
|
||||
Net Assets – 100%
|
$ 236,827,668
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Long-Term Investments:
|
||||
Municipal Bonds
|
$ —
|
$225,478,379
|
$ —
|
$225,478,379
|
Corporate Bonds
|
—
|
—
|
58,855
|
58,855
|
Short-Term Investments:
|
||||
Municipal Bonds
|
—
|
3,534,538
|
—
|
3,534,538
|
Total
|
$ —
|
$229,012,917
|
$58,855
|
$229,071,772
|
Gross unrealized:
|
|
Appreciation
|
$13,944,259
|
Depreciation
|
(1,969,109)
|
Net unrealized appreciation (depreciation) of investments
|
$11,975,150
|
(1)
|
All percentages shown in the Portfolio of Investments are based on net assets.
|
|
(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 highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service,
|
|
Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or
|
||
BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any
|
||
of these national rating agencies.
|
||
(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. Certain bonds backed by U.S. Government or
|
||
agency securities are regarded as having an implied rating equal to the rating of such securities.
|
||
(5)
|
Investment valued at fair value using methods determined in good faith by, or at the discretion of, the
|
|
Board of Trustees. For fair value measurement disclosure purposes, investment classified as Level 3.
|
||
(6)
|
During January 2010, Las Vegas Monorail Company (“Las Vegas Monorail”) filed for federal bankruptcy
|
|
protection. During March 2012, Las Vegas Monorail emerged from federal bankruptcy with the acceptance
|
||
of a reorganization plan assigned by the Federal Bankruptcy Court. Under the reorganization plan, the Fund
|
||
surrendered its Las Vegas Monorail Project Revenue Bonds, First Tier, Series 2000 and in turn received two
|
||
senior interest corporate bonds: the first with an annual coupon rate of 5.500% maturing on July 15, 2019
|
||
and the second with an annual coupon rate of 3.000% (5.500% after December 31, 2015) maturing on
|
||
July 15, 2055. The Fund’s custodian is not accruing income on the Fund’s records for either senior interest
|
||
corporate bond.
|
||
(7)
|
Investment has a maturity of more than a year, but has variable rate and demand features which qualify it
|
|
as a short-term investment. The rate disclosed is that in effect at the end of the reporting period. This rate
|
||
changes periodically based on market conditions or a specified market index.
|
||
N/R
|
Not rated.
|
|
WI/DD
|
Investment, or portion of investment purchased on a when-issued or delayed delivery basis.
|
|
(ETM)
|
Escrowed to maturity.
|
|
(IF)
|
Inverse floating rate investment.
|
a.
|
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)).
|
b.
|
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.
|