Principal Amount
|
Value†
|
||||||||||||||
(000's omitted)
|
(000's omitted)
|
||||||||||||||
Municipal Notes 168.2%
|
|||||||||||||||
American Samoa 0.7%
|
|||||||||||||||
$
|
600
|
American Samoa Econ. Dev. Au. Gen. Rev. Ref., Ser. 2015-A, 6.25%, due 9/1/29
|
$
|
600
|
|||||||||||
California 143.5%
|
|||||||||||||||
1,000
|
Bay Area Toll Au. Toll Bridge Rev., Ser. 2013-S-4, 5.00%, due 4/1/27
|
1,182
|
|||||||||||||
1,500
|
Bay Area Toll Au. Toll Bridge Rev. (San Francisco Bay Area), Ser. 2012, 5.00%, due 4/1/21
|
1,714
|
|||||||||||||
California Ed. Facs. Au. Ref. Rev. (Univ. of Redlands)
|
|||||||||||||||
250
|
Ser. 2016-A, 5.00%, due 10/1/28
|
296
|
|||||||||||||
260
|
Ser. 2016-A, 3.00%, due 10/1/29
|
259
|
|||||||||||||
400
|
Ser. 2016-A, 3.00%, due 10/1/30
|
390
|
|||||||||||||
1,000
|
California Hlth. Facs. Fin. Au. Rev. (Children's Hosp. Los Angeles), Ser. 2012-A, 5.00%, due 11/15/26
|
1,128
|
|||||||||||||
1,000
|
California Infrastructure & Econ. Dev. Bank St. Sch. Fund Lease Rev. (King City Joint Union High Sch. Dist. Fin.), Ser. 2010, 5.13%, due 8/15/24
|
1,100
|
|||||||||||||
1,000
|
California Muni. Fin. Au. Charter Sch. Lease Rev. (Sycamore Academy Proj.), Ser. 2014, 5.63%, due 7/1/44
|
1,026
|
(a)(b)
|
||||||||||||
500
|
California Muni. Fin. Au. Charter Sch. Lease Rev. (Vista Charter Middle Sch. Proj.), Ser. 2014, 5.13%, due 7/1/29
|
513
|
(b)
|
||||||||||||
255
|
California Muni. Fin. Au. Charter Sch. Rev. (John Adams Academics Proj.), Ser. 2015-A, 4.50%, due 10/1/25
|
266
|
|||||||||||||
1,000
|
California Muni. Fin. Au. Charter Sch. Rev. (Palmdale Aerospace Academy Proj.), Ser. 2016, 5.00%, due 7/1/31
|
1,035
|
(a)
|
||||||||||||
500
|
California Muni. Fin. Au. Rev. (Baptist Univ.), Ser. 2015-A, 5.00%, due 11/1/30
|
535
|
(a)
|
||||||||||||
California Muni. Fin. Au. Rev. (Biola Univ.)
|
|||||||||||||||
375
|
Ser. 2013, 4.00%, due 10/1/25
|
411
|
|||||||||||||
410
|
Ser. 2013, 4.00%, due 10/1/26
|
447
|
|||||||||||||
455
|
Ser. 2013, 4.00%, due 10/1/27
|
493
|
|||||||||||||
600
|
California Muni. Fin. Au. Rev. (Southwestern Law Sch.), Ser. 2011, 6.00%, due 11/1/26
|
681
|
|||||||||||||
California Muni. Fin. Au. Rev. (Touro College & Univ. Sys. Obligated Group)
|
|||||||||||||||
605
|
Ser. 2014-A, 4.00%, due 1/1/27
|
642
|
|||||||||||||
630
|
Ser. 2014-A, 4.00%, due 1/1/28
|
663
|
|||||||||||||
330
|
Ser. 2014-A, 4.00%, due 1/1/29
|
343
|
|||||||||||||
400
|
California Sch. Fac. Fin. Au. Rev. (Alliance College - Ready Pub. Sch. Proj.), Ser. 2015-A, 5.00%, due 7/1/30
|
441
|
(a)
|
||||||||||||
435
|
California Sch. Fac. Fin. Au. Rev. (KIPP LA Proj.), Ser. 2014-A, 4.13%, due 7/1/24
|
459
|
|||||||||||||
2,195
|
California St. Dept. of Veterans Affairs Home Purchase Ref. Rev., Ser. 2016-A, 3.00%, due 6/1/29
|
2,165
|
|||||||||||||
California St. Dept. of Wtr. Res. Ctr. Valley Proj. Rev. (Wtr. Sys.)
|
|||||||||||||||
15
|
Ser. 2012-AN, 5.00%, due 12/1/21
|
17
|
|||||||||||||
540
|
Ser. 2012-AN, 5.00%, due 12/1/21
|
629
|
|||||||||||||
California St. Dept. of Wtr. Res. Pwr. Supply Rev.
|
|||||||||||||||
1,240
|
Ser. 2010-L, 5.00%, due 5/1/22 Pre-Refunded 5/1/20
|
1,372
|
|||||||||||||
760
|
Ser. 2010-L, 5.00%, due 5/1/22
|
842
|
|||||||||||||
California St. G.O.
|
|||||||||||||||
20
|
Ser. 2002, 5.00%, due 10/1/17
|
20
|
|||||||||||||
1,500
|
Ser. 2012, 5.00%, due 2/1/27
|
1,735
|
|||||||||||||
3,500
|
California St. G.O. (Kindergarten Univ.), (LOC: State Street Bank & Trust Co.), Ser. 2004, 0.43%, due 5/1/34
|
3,500
|
(c)
|
||||||||||||
1,000
|
California St. Infrastructure & Econ. Dev. Bank Rev. (Goodwill Industries of Sacramento Valley & No. Proj.), Ser. 2016-A, 5.00%, due 1/1/36
|
1,013
|
(a)
|
||||||||||||
2,000 |
California St. Poll. Ctrl. Fin. Au. Rev. (San Jose Wtr. Co. Proj.), Ser. 2016, 4.75%, due 11/1/46
|
2,162 | |||||||||||||
|
750
|
California St. Poll. Ctrl. Fin. Au. Solid Waste Disp. Rev. (Aemerage Redak Svcs. So. California LLC Proj.), Ser. 2016, 7.00%, due 12/1/27
|
|
744
|
(a)(b)
|
||||||||||
2,000
|
California St. Poll. Ctrl. Fin. Au. Wtr. Furnishing Rev., Ser. 2012, 5.00%, due 7/1/27
|
2,196
|
(a)
|
||||||||||||
1,095
|
California St. Pub. Works Board Lease Rev. (California Comm. Colleges), Ser. 2004-B, 5.50%, due 6/1/20
|
1,099
|
|||||||||||||
415
|
California St. Sch. Fin. Au. Charter Sch. Rev. (Downtown College Prep-Oblig. Group), Ser. 2016, 4.50%, due 6/1/31
|
412
|
(a)
|
||||||||||||
400
|
California St. Sch. Fin. Au. Charter Sch. Rev. (Rocketship Edu.), Ser. 2016-A, 5.00%, due 6/1/31
|
411
|
(a)
|
||||||||||||
595
|
California St. Sch. Fin. Au. Ed. Facs. Rev. (Partnerships Uplifts Comm. Valley Proj.), Ser. 2014-A, 5.35%, due 8/1/24
|
638
|
|||||||||||||
1,000
|
California St. Var. Purp. G.O., Ser. 2012, 4.00%, due 9/1/21
|
1,114
|
|||||||||||||
740
|
California Statewide CDA Rev. (California Baptist Univ.), Ser. 2007-A, 5.30%, due 11/1/18
|
761
|
|||||||||||||
720
|
California Statewide CDA Rev. (Henry Mayo Newhall Mem. Hosp.), Ser. 2014-A, (AGM Insured), 5.00%, due 10/1/26
|
846
|
|||||||||||||
700
|
California Statewide CDA Rev. (Redwoods Proj.), Ser. 2013, 5.00%, due 11/15/28
|
809
|
|||||||||||||
800
|
California Statewide CDA Rev. (Sr. Living So. California Presbyterian Homes), Ser. 2009, 6.25%, due 11/15/19
|
843
|
(a)
|
||||||||||||
1,500
|
California Statewide CDA Rev. (St. Joseph Hlth. Sys.), Ser. 2000, (National Public Finance Guarantee Corp. Insured), 5.13%, due 7/1/24 Pre-Refunded 7/1/18
|
1,558
|
|||||||||||||
600
|
California Statewide CDA Rev. Ref. (Lancer Ed. Std. Hsg. Proj.), Ser. 2016-A, 5.00%, due 6/1/36
|
611
|
(a)
|
||||||||||||
1,500
|
California Statewide CDA Rev. Ref. (Loma Linda Univ. Med. Ctr.), Ser. 2014-A, 5.25%, due 12/1/29
|
1,673
|
|||||||||||||
1,500
|
California Statewide CDA Rev. Ref. (Redlands Comm. Hosp.), Ser. 2016, 4.00%, due 10/1/41
|
1,556
|
|||||||||||||
1,200
|
California Statewide CDA Spec. Tax Rev. Ref. (Comm. Facs. Dist. #2007-01 Orinda Wilder Proj.), Ser. 2015, 4.50%, due 9/1/25
|
1,342
|
|||||||||||||
Corona Norco Unified Sch. Dist. Pub. Fin. Au. Sr. Lien Rev.
|
|||||||||||||||
350
|
Ser. 2013-A, 5.00%, due 9/1/26
|
408
|
|||||||||||||
560
|
Ser. 2013-A, 5.00%, due 9/1/27
|
651
|
|||||||||||||
1,365
|
Daly City Hsg. Dev. Fin. Agcy. Rev. Ref. (Franciscan Mobile Home Park), Ser. 2007-A, 5.00%, due 12/15/21
|
1,380
|
|||||||||||||
2,000
|
Davis Joint Unified Sch. Dist. Cert. of Participation (Yolo Co.), Ser. 2014, (BAM Insured), 4.00%, due 8/1/24
|
2,291
|
|||||||||||||
1,250
|
Emeryville Redev. Agcy. Successor Agcy. Tax Allocation Ref. Rev., Ser. 2014-A, (AGM Insured), 5.00%, due 9/1/25
|
1,500
|
|||||||||||||
Golden St. Tobacco Securitization Corp. Tobacco Settlement Asset-Backed Rev.
|
|||||||||||||||
3,520
|
Ser. 2007-A-1, 5.00%, due 6/1/33
|
3,520
|
|||||||||||||
3,000
|
Ser. 2007-A-1, 5.75%, due 6/1/47
|
3,000
|
|||||||||||||
1,000
|
Imperial Comm. College Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-A, (AGM Insured), 6.75%, due 8/1/40
|
1,302
|
|||||||||||||
1,000
|
Inglewood Pub. Fin. Au. Ref. Rev., Ser. 2012, 5.00%, due 8/1/18
|
1,038
|
|||||||||||||
1,000
|
Inglewood Unified Sch. Dist. Facs. Fin. Au. Rev., Ser. 2007, (AGM Insured), 5.25%, due 10/15/26
|
1,217
|
|||||||||||||
Irvine Spec. Tax (Comm. Facs. Dist. Number 2005-2)
|
|||||||||||||||
150
|
Ser. 2013, 4.00%, due 9/1/23
|
165
|
|||||||||||||
300
|
Ser. 2013, 4.00%, due 9/1/24
|
328
|
|||||||||||||
450
|
Ser. 2013, 4.00%, due 9/1/25
|
487
|
|||||||||||||
645
|
Ser. 2013, 3.50%, due 9/1/26
|
674
|
|||||||||||||
690
|
Ser. 2013, 3.63%, due 9/1/27
|
718
|
|||||||||||||
680
|
Jurupa Pub. Fin. Auth. Spec. Tax Rev., Ser. 2014-A, 5.00%, due 9/1/24
|
819
|
|||||||||||||
La Verne Cert. of Participation (Brethren Hillcrest Homes)
|
|||||||||||||||
|
315
|
Ser. 2014, 5.00%, due 5/15/26
|
|
344
|
|||||||||||
500
|
Ser. 2014, 5.00%, due 5/15/29
|
540
|
|||||||||||||
1,105
|
Lodi Pub. Fin. Au. Lease Rev., Ser. 2012, 5.25%, due 10/1/26
|
1,293
|
|||||||||||||
255
|
Long Beach Fin. Au. Rev., Ser. 1992, (AMBAC Insured), 6.00%, due 11/1/17
|
258
|
|||||||||||||
2,100
|
Los Angeles Dept. of Wtr. & Pwr. Rev. Ref., Subser. 2001 B-3, (LOC: Barclays Bank PLC), 0.64%, due 7/1/34
|
2,100
|
(c)
|
||||||||||||
2,000
|
Los Angeles Muni. Imp. Corp. Lease Ref. Rev. (Real Property), Ser. 2012-C, 5.00%, due 3/1/27
|
2,301
|
|||||||||||||
500
|
Los Angeles Reg. Arpt. Imp. Corp. Lease Rev. (Laxfuel Corp.), Ser. 2012, 4.50%, due 1/1/27
|
551
|
|||||||||||||
425
|
Mill Valley Sch. Dist. G.O. Cap. Appreciation, Ser. 1994-A, 0.00%, due 8/1/19
|
403
|
|||||||||||||
1,000
|
Mountain House Pub. Fin. Au. Utils. Sys. Rev., Ser. 2007, 5.00%, due 12/1/22
|
1,011
|
|||||||||||||
1,385
|
Ohlone Comm. College Dist. G.O. (Election 2010), Ser. 2014-B, 0.00%, due 8/1/29
|
916
|
|||||||||||||
1,490
|
Oxnard Harbor Dist. Rev., Ser. 2011-B, 4.50%, due 8/1/24
|
1,672
|
|||||||||||||
1,250
|
Palomar Hlth. Ref. Rev., Ser. 2016, 4.00%, due 11/1/39
|
1,255
|
|||||||||||||
1,500
|
Pico Rivera Pub. Fin. Au. Lease Rev., Ser. 2009, 4.75%, due 9/1/25 Pre-Refunded 9/1/19
|
1,615
|
|||||||||||||
1,000
|
Rancho Cucamonga Redev. Agcy. Successor Agcy. Tax Allocation Rev. (Rancho Redev. Proj.), Ser. 2014, (AGM Insured), 5.00%, due 9/1/27
|
1,184
|
|||||||||||||
Riverside Co. Comm. Facs. Dist. Spec. Tax Rev. (Scott Road)
|
|||||||||||||||
355
|
Ser. 2013, 4.00%, due 9/1/21
|
372
|
|||||||||||||
600
|
Ser. 2013, 5.00%, due 9/1/25
|
663
|
|||||||||||||
Riverside Co. Trans. Commission Toll Rev. Sr. Lien (Cap. Appreciation)
|
|||||||||||||||
1,320
|
Ser. 2013-B, 0.00%, due 6/1/22
|
1,139
|
|||||||||||||
1,500
|
Ser. 2013-B, 0.00%, due 6/1/23
|
1,242
|
|||||||||||||
Romoland Sch. Dist. Spec. Tax Ref. (Comm. Facs. Dist. Number 2006-1)
|
|||||||||||||||
100
|
Ser. 2017, 4.00%, due 9/1/29
|
106
|
(d)
|
||||||||||||
200
|
Ser. 2017, 4.00%, due 9/1/30
|
210
|
(d)
|
||||||||||||
525
|
Ser. 2017, 3.25%, due 9/1/31
|
506
|
(d)
|
||||||||||||
360
|
Roseville Stone Point Comm. Fac. Dist. Number 1 Special Tax Rev., Ser. 2003, 5.70%, due 9/1/17
|
361
|
|||||||||||||
1,700
|
Sacramento Area Flood Ctrl. Agcy. Ref. (Consol Capital Assessment Dist. Number 2), Ser. 2016-A, 5.00%, due 10/1/47
|
1,977
|
|||||||||||||
Sacramento City Fin. Au. Ref. Rev. (Master Lease Prog. Facs.)
|
|||||||||||||||
1,000
|
Ser. 2006-E, (AMBAC Insured), 5.25%, due 12/1/24
|
1,229
|
|||||||||||||
400
|
Ser. 2006-E, (AMBAC Insured), 5.25%, due 12/1/26
|
502
|
|||||||||||||
500
|
Sacramento Spec. Tax (Natomas Meadows Comm. Facs. Dist. Number 2007-01), Ser. 2017, 5.00%, due 9/1/47
|
532
|
(a)
|
||||||||||||
1,350
|
San Bernardino Comm. College Dist. G.O. (Election 2002), Ser. 2008-A, 6.25%, due 8/1/24 Pre-Refunded 8/1/18
|
1,422
|
|||||||||||||
San Francisco City & Co. Arpts. Commission Int'l Ref. Rev.
|
|||||||||||||||
750
|
Ser. 2009-D2, 3.00%, due 5/1/21
|
801
|
|||||||||||||
1,000
|
Ser. 2009-C2, 5.00%, due 5/1/21
|
1,069
|
|||||||||||||
1,220
|
San Francisco City & Co. Redev. Fin. Au. Tax Allocation (San Francisco Redev. Proj.), Ser. 2003-B, (National Public Finance Guarantee Corp. Insured), 5.25%, due 8/1/18
|
1,224
|
|||||||||||||
2,000
|
San Francisco City & Co. Unified Sch. Dist. Ref. Rev., Ser. 2012, 4.00%, due 6/15/25
|
2,161
|
|||||||||||||
575
|
San Jose Multi-Family Hsg. Rev. (Fallen Leaves Apts. Proj.), Ser. 2002-J1, (AMBAC Insured), 4.95%, due 12/1/22
|
576
|
|||||||||||||
1,060
|
San Jose Redev. Agcy. Tax Allocation Ref. (Merged Area Redev. Proj.), Ser. 2006-D, (AMBAC Insured), 5.00%, due 8/1/21
|
1,063
|
|||||||||||||
San Juan Unified Sch. Dist. G.O.
|
|||||||||||||||
|
1,000
|
Ser. 2012-C, 4.00%, due 8/1/22
|
|
1,108
|
|||||||||||
1,070
|
Ser. 2012-C, 4.00%, due 8/1/25
|
1,175
|
|||||||||||||
685
|
San Mateo Foster City Sch. Dist. G.O. (Election 2015), Ser. 2016-A, 4.00%, due 8/1/29
|
768
|
|||||||||||||
San Mateo Union High Sch. Dist. G.O. (Election 2010)
|
|||||||||||||||
105
|
Ser. 2011-A, 0.00%, due 9/1/25
|
78
|
|||||||||||||
895
|
Ser. 2011-A, 0.00%, due 9/1/25
|
666
|
|||||||||||||
1,000
|
San Rafael City High Sch. Dist. G.O. Cap. Appreciation (Election 2002), Ser. 2004-B, (National Public Finance Guarantee Corp. Insured), 0.00%, due 8/1/18
|
990
|
|||||||||||||
1,390
|
San Rafael Redev. Agcy. Tax Allocation Ref. (Central San Rafael Redev. Proj.), Ser. 2009, (Assured Guaranty Insured), 5.00%, due 12/1/21
|
1,501
|
|||||||||||||
Santa Maria Bonita Sch. Dist. Cert. of Participation (New Sch. Construction Proj.)
|
|||||||||||||||
310
|
Ser. 2013, (BAM Insured), 3.25%, due 6/1/25
|
331
|
|||||||||||||
575
|
Ser. 2013, (BAM Insured), 3.50%, due 6/1/26
|
618
|
|||||||||||||
325
|
Ser. 2013, (BAM Insured), 3.50%, due 6/1/27
|
346
|
|||||||||||||
270
|
Ser. 2013, (BAM Insured), 3.50%, due 6/1/28
|
284
|
|||||||||||||
1,000
|
Santa Monica-Malibu Unified Sch. Dist. Ref. G.O., Ser. 2013, 3.00%, due 8/1/27
|
1,064
|
|||||||||||||
1,000
|
Successor Agcy. to the Monrovia Redev. Agcy. Tax Allocation Rev. (Cent. Redev. Proj.), Ser. 2013, 5.00%, due 8/1/26
|
1,141
|
|||||||||||||
325
|
Sulphur Springs Union Sch. Dist. Cert. of Participation Conv. Cap. Appreciation Bonds, Ser. 2010, (AGM Insured), 6.50%, due 12/1/37
|
382
|
|||||||||||||
1,145
|
Sulphur Springs Union Sch. Dist. Cert. of Participation Conv. Cap. Appreciation Bonds (Unrefunded), Ser. 2010, (AGM Insured), 6.50%, due 12/1/37
|
1,470
|
|||||||||||||
2,000
|
Sweetwater Union High Sch. Dist. Pub. Fin. Au. Rev., Ser. 2013, (BAM Insured), 5.00%, due 9/1/25
|
2,350
|
|||||||||||||
Vernon Elec. Sys. Rev.
|
|||||||||||||||
420
|
Ser. 2009-A, 5.13%, due 8/1/21 Pre-Refunded 8/1/19
|
449
|
|||||||||||||
975
|
Ser. 2009-A, 5.13%, due 8/1/21
|
1,028
|
|||||||||||||
3,000
|
Victor Valley Comm. College Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2009-C, 0.00%, due 8/1/37
|
3,743
|
(e)
|
||||||||||||
1,500
|
Vista Unified Sch. Dist. G.O., Ser. 2012, 5.00%, due 8/1/21
|
1,728
|
|||||||||||||
3,500
|
William S.Hart Union High Sch. Dist. G.O. Cap. Appreciation (Election 2001), Ser. 2005-B, (AGM Insured), 0.00%, due 9/1/26
|
2,789
|
|||||||||||||
2,250
|
Wiseburn Sch. Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-B, (AGM Insured), 0.00%, due 8/1/36
|
1,925
|
(f)
|
||||||||||||
122,122
|
|||||||||||||||
Florida 1.3%
|
|||||||||||||||
500
|
Florida St. Dev. Fin. Corp. Sr. Living Rev. (Tuscan Isle Champions Gate Proj.), Ser. 2016-A, 6.00%, due 6/1/30
|
482
|
(a)(b)
|
||||||||||||
525
|
Lakeland Ed. Facs. Rev. (Florida So. College Proj.), Ser. 2012-A, 5.00%, due 9/1/24
|
602
|
|||||||||||||
1,084
|
|||||||||||||||
Georgia 0.7%
|
|||||||||||||||
600
|
Greene Co. Dev. Au. Swr. Fac. Rev., Ser. 2015, 6.13%, due 1/1/25
|
608
|
(a)(b)
|
||||||||||||
Guam 2.6%
|
|||||||||||||||
1,110
|
Guam Gov't Hotel Occupancy Tax Rev., Ser. 2011-A, 5.25%, due 11/1/18
|
1,156
|
|||||||||||||
1,000
|
Guam Gov't Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2010, 5.25%, due 7/1/25
|
1,088
|
|||||||||||||
2,244
|
|||||||||||||||
Illinois 2.2%
|
|||||||||||||||
1,000
|
Chicago Ref. G.O., Ser. 2003-B, 5.00%, due 1/1/23
|
1,056
|
|||||||||||||
|
750
|
Illinois St. G.O., Ser. 2013, 5.00%, due 7/1/23
|
|
823
|
(g)
|
||||||||||
1,879
|
|||||||||||||||
Louisiana 0.7%
|
|||||||||||||||
500
|
Louisiana Pub. Facs. Au. Rev. (Southwest Louisiana Charter Academy Foundation Proj.), Ser. 2013-A, 7.63%, due 12/15/28
|
556
|
|||||||||||||
Nevada 1.3%
|
|||||||||||||||
1,000
|
Las Vegas Redev. Agcy. Tax Increment Rev., Ser. 2009-A, 7.50%, due 6/15/23 Pre-Refunded 6/15/19
|
1,120
|
|||||||||||||
New Jersey 1.0%
|
|||||||||||||||
750
|
New Jersey St. Econ. Dev. Au. Rev. (Continental Airlines, Inc., Proj.), Ser. 1999, 5.13%, due 9/15/23
|
814
|
|||||||||||||
North Carolina 1.0%
|
|||||||||||||||
750
|
North Carolina Med. Care Commission Hlth. Care Fac. First Mtge. Rev. (Lutheran Svcs. for Aging, Inc.), Ser. 2012-A, 4.25%, due 3/1/24
|
799
|
|||||||||||||
Ohio 1.1%
|
|||||||||||||||
1,000
|
Buckeye Tobacco Settlement Fin. Au. Asset-Backed Rev. (Turbo), Ser. 2007-A-2, 5.88%, due 6/1/47
|
938
|
|||||||||||||
Pennsylvania 2.7%
|
|||||||||||||||
Pennsylvania St. Turnpike Commission Rev.
|
|||||||||||||||
285
|
Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20
|
330
|
|||||||||||||
305
|
Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20
|
353
|
|||||||||||||
1,410
|
Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20
|
1,631
|
|||||||||||||
2,314
|
|||||||||||||||
Puerto Rico 7.7%
|
|||||||||||||||
2,000
|
Puerto Rico Commonwealth Ref. G.O. (Pub. Imp.), Ser. 2001-A, (National Public Finance Guarantee Corp. Insured), 5.50%, due 7/1/20
|
2,130
|
|||||||||||||
400
|
Puerto Rico Ind., Tourist Ed. Med. & Env. Ctrl. Fac. Rev. (Int'l American Univ. Proj.), Ser. 2012, 5.00%, due 10/1/21
|
434
|
|||||||||||||
Puerto Rico Muni. Fin. Agcy. Rev.
|
|||||||||||||||
3,000
|
Ser. 2002-A, (AGM Insured), 5.25%, due 8/1/17
|
3,000
|
(g)
|
||||||||||||
1,000
|
Ser. 2002-A, (AGM Insured), 5.25%, due 8/1/21
|
1,001
|
(g)
|
||||||||||||
6,565
|
|||||||||||||||
Tennessee 0.7%
|
|||||||||||||||
500
|
Tennessee St. Energy Acquisition Corp. Gas Rev. (Goldman Sachs Group, Inc.), Ser. 2006-A, 5.25%, due 9/1/23
|
586
|
|||||||||||||
Texas 0.3%
|
|||||||||||||||
300
|
Mission Econ. Dev. Corp. Wtr. Supply Rev. (Green Bond-Env. Wtr. Minerals Proj.), Ser. 2015, 7.75%, due 1/1/45
|
240
|
(a)(b)
|
||||||||||||
Virgin Islands 0.7%
|
|||||||||||||||
Virgin Islands Pub. Fin. Au. Rev.
|
|||||||||||||||
250
|
Ser. 2014-A, 5.00%, due 10/1/24
|
213
|
|||||||||||||
500
|
Ser. 2014-A, 5.00%, due 10/1/29
|
398
|
|||||||||||||
611
|
|||||||||||||||
Total Investments 168.2% (Cost $132,927)
|
143,080
|
##
|
|||||||||||||
Other Assets Less Liabilities 1.1%
|
945
|
||||||||||||||
Liquidation Value of Variable Rate Municipal Term Preferred Shares (net of unamortized deferred offering costs of approximately $56,000) (69.3)%
|
(58,944)
|
||||||||||||||
Net Assets Applicable to Common Stockholders 100.0%
|
$85,081
|
||||||||||||||
(a)
|
Securities were purchased under Rule 144A of the Securities Act of 1933, as amended (the “1933 Act”), or are otherwise restricted and, unless registered under the 1933 Act or exempted from registration, may only be sold to qualified institutional investors or may have other restrictions on resale. At July 31, 2017, these securities amounted to approximately $11,129,000, which represents 13.1% of net assets applicable to common stockholders of the Fund. Securities denoted with (a) but without (b) have been deemed by the investment manager to be liquid.
|
||||||||||||||
(b)
|
Illiquid security.
|
||||||||||||||
(c)
|
Variable or floating rate security. The interest rate shown was the current rate as of July 31, 2017 and changes periodically.
|
||||||||||||||
(d)
|
When-issued security. Total value of all such securities at July 31, 2017 amounted to approximately $822,000, which represents 1.0% of net assets applicable to common stockholders of the Fund.
|
||||||||||||||
(e)
|
Currently a zero coupon security; will convert to 6.88% on August 1, 2019.
|
||||||||||||||
(f)
|
Currently a zero coupon security; will convert to 7.30% on August 1, 2026.
|
||||||||||||||
(g)
|
All or a portion of this security is segregated in connection with obligations for when-issued securities with a total value of approximately $4,824,000.
|
The following is a summary, categorized by Level (see Notes to Schedule of Investments), of inputs used to value the Fund's investments as of July 31, 2017:
|
|||||||||||||||||
Asset Valuation Inputs
|
|||||||||||||||||
(000's omitted)
|
Level 1
|
Level 2
|
Level 3
|
Total | |||||||||||||
Investments:
|
|||||||||||||||||
Municipal Notes(a)
|
$
|
—
|
$
|
143,080
|
$
|
—
|
$
|
143,080
|
|||||||||
Total Investments
|
$
|
—
|
$
|
143,080
|
$
|
—
|
$
|
143,080
|
|||||||||
(a) The Schedule of Investments provides a categorization by state/territory for the portfolio.
|
• |
Level 1 – quoted prices in active markets for identical investments
|
• |
Level 2 – other observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, amortized cost, etc.)
|
• |
Level 3 – unobservable inputs (including a Fund's own assumptions in determining the fair value of investments)
|
(000's omitted)
|
Cost
|
Gross
Unrealized Appreciation
|
Gross
Unrealized Depreciation
|
Net Unrealized
Appreciation/
(Depreciation)
|
||||||||||||
California
|
$
|
132,927
|
$
|
10,561
|
$
|
408
|
$
|
10,153
|
||||||||
Intermediate
|
430,084
|
42,305
|
2,582
|
39,723
|
||||||||||||
New York
|
115,895
|
6,564
|
2,019
|
4,545
|
(a) |
Based on an evaluation of the disclosure controls and procedures (as defined in Rule 30a-3(c) under the 1940 Act), as of a date within 90 days of the filing date of this report, the Chief Executive Officer and President and the Treasurer and Principal Financial and Accounting Officer of the Registrant have concluded that such disclosure controls and procedures are effectively designed to ensure that information required to be disclosed by the Registrant on Form N-Q is accumulated and communicated to the Registrant’s management to allow timely decisions regarding required disclosure.
|
(b) |
There were no significant changes in the Registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) 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.
|
By:
|
/s/ Robert Conti
|
Robert Conti
|
|
Chief Executive Officer and President
|
By:
|
/s/ Robert Conti
|
Robert Conti
|
|
Chief Executive Officer and President
|
By:
|
/s/ John M. McGovern
|
John M. McGovern
|
|
Treasurer and Principal Financial
|
|
and Accounting Officer
|