14,000
|
|
Colorado Health Facilities Authority, Colorado, Revenue Bonds, Sisters of Charity of
|
1/20 at 100.00
|
AA–
|
14,283,080
|
|
|
Leavenworth Health Services Corporation, Series 2010A, 5.000%, 1/01/40
|
|
|
|
2,000
|
|
Colorado Health Facilities Authority, Colorado, Revenue Bonds, Valley View Hospital
|
5/17 at 100.00
|
BBB+
|
2,010,620
|
|
|
Association, Series 2007, 5.250%, 5/15/42
|
|
|
|
3,225
|
|
Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2013B,
|
11/23 at 100.00
|
A
|
3,334,521
|
|
|
5.000%, 11/15/43
|
|
|
|
13,620
|
|
E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 1997B, 0.000%, 9/01/21 –
|
No Opt. Call
|
A
|
10,189,394
|
|
|
NPFG Insured
|
|
|
|
|
|
E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000B:
|
|
|
|
16,200
|
|
0.000%, 9/01/32 – NPFG Insured
|
No Opt. Call
|
A
|
5,568,264
|
33,120
|
|
0.000%, 9/01/33 – NPFG Insured
|
No Opt. Call
|
A
|
10,626,221
|
|
|
E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004A:
|
|
|
|
9,310
|
|
0.000%, 9/01/28 – NPFG Insured
|
No Opt. Call
|
A
|
4,409,961
|
18,500
|
|
0.000%, 3/01/36 – NPFG Insured
|
No Opt. Call
|
A
|
5,078,990
|
755
|
|
Jefferson County School District R1, Colorado, General Obligation Bonds, Series 2004, 5.000%,
|
12/14 at 100.00
|
Aa2 (4)
|
786,884
|
|
|
12/15/22 (Pre-refunded 12/15/14) – AGM Insured
|
|
|
|
|
|
Regional Transportation District, Colorado, Denver Transit Partners Eagle P3 Project Private
|
|
|
|
|
|
Activity Bonds, Series 2010:
|
|
|
|
5,000
|
|
6.500%, 1/15/30
|
7/20 at 100.00
|
Baa3
|
5,449,550
|
3,750
|
|
6.000%, 1/15/41
|
7/20 at 100.00
|
Baa3
|
3,885,600
|
40
|
|
University of Colorado, Enterprise System Revenue Bonds, Series 2005, 5.000%, 6/01/30 –
|
6/15 at 100.00
|
Aa2
|
41,680
|
|
|
FGIC Insured
|
|
|
|
|
|
University of Colorado, Enterprise System Revenue Bonds, Series 2005:
|
|
|
|
2,130
|
|
5.000%, 6/01/30 (Pre-refunded 6/01/15) – FGIC Insured
|
6/15 at 100.00
|
Aa2 (4)
|
2,262,997
|
1,145
|
|
5.000%, 6/01/30 (Pre-refunded 6/01/15) – FGIC Insured
|
6/15 at 100.00
|
Aa2 (4)
|
1,216,494
|
139,680
|
|
Total Colorado
|
|
|
86,142,150
|
|
|
Connecticut – 0.9% (0.6% of Total Investments)
|
|
|
|
7,640
|
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University,
|
7/16 at 100.00
|
AAA
|
8,088,544
|
|
|
Series 2007Z-1, 5.000%, 7/01/42
|
|
|
|
|
|
District of Columbia – 0.8% (0.5% of Total Investments)
|
|
|
|
2,430
|
|
District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds,
|
5/14 at 100.00
|
A1
|
2,417,656
|
|
|
Series 2001, 6.250%, 5/15/24
|
|
|
|
5,000
|
|
Washington Convention Center Authority, District of Columbia, Dedicated Tax Revenue Bonds,
|
10/16 at 100.00
|
A1
|
5,027,800
|
|
|
Senior Lien Refunding Series 2007A, 4.500%, 10/01/30 – AMBAC Insured
|
|
|
|
7,430
|
|
Total District of Columbia
|
|
|
7,445,456
|
|
|
Florida – 7.4% (4.6% of Total Investments)
|
|
|
|
1,700
|
|
Beacon Tradeport Community Development District, Miami-Dade County, Florida, Special
|
5/14 at 100.00
|
N/R
|
1,700,034
|
|
|
Assessment Bonds, Commercial Project, Series 2002A, 5.625%, 5/01/32 – RAAI Insured
|
|
|
|
|
|
Broward County Housing Finance Authority, Florida, Multifamily Housing Revenue Bonds, Venice
|
|
|
|
|
|
Homes Apartments, Series 2001A:
|
|
|
|
1,545
|
|
5.700%, 1/01/32 – AGM Insured (Alternative Minimum Tax)
|
7/14 at 100.00
|
AA–
|
1,553,544
|
1,805
|
|
5.800%, 1/01/36 – AGM Insured (Alternative Minimum Tax)
|
7/14 at 100.00
|
AA–
|
1,815,252
|
5,600
|
|
Escambia County Health Facilities Authority, Florida, Revenue Bonds, Ascension Health Credit
|
No Opt. Call
|
AA+
|
5,823,944
|
|
|
Group, Series 2003A, 5.250%, 11/15/14
|
|
|
|
2,870
|
|
Florida Housing Finance Corporation, Homeowner Mortgage Revenue Bonds, Series 2006-2, 4.950%,
|
1/16 at 100.00
|
AA+
|
2,982,504
|
|
|
7/01/37 (Alternative Minimum Tax)
|
|
|
|
10,000
|
|
JEA, Florida, Electric System Revenue Bonds, Series Three 2006A, 5.000%, 10/01/41 – AGM
|
4/15 at 100.00
|
Aa2
|
10,350,000
|
|
|
Insured (UB)
|
|
|
|
3,775
|
|
Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2005A,
|
10/15 at 100.00
|
A
|
3,784,626
|
|
|
5.000%, 10/01/37 – SYNCORA GTY Insured (Alternative Minimum Tax)
|
|
|
|
5,000
|
|
Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series
|
10/20 at 100.00
|
A
|
5,227,300
|
|
|
2010A-1, 5.375%, 10/01/41
|
|
|
|
2,500
|
|
Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2010B,
|
10/20 at 100.00
|
A
|
2,657,675
|
|
|
5.000%, 10/01/27
|
|
|
|
2,410
|
|
Miami-Dade County, Florida, General Obligation Bonds, Parks Program, Series 2005, 4.300%,
|
11/15 at 100.00
|
AA
|
2,414,097
|
|
|
11/01/30 – NPFG Insured
|
|
|
|
5,500
|
|
Miami-Dade County, Florida, Transit System Sales Surtax Revenue Bonds, Series 2012,
|
No Opt. Call
|
AA
|
5,851,175
|
|
|
5.000%, 7/01/31
|
|
|
|
1,665
|
|
Orange County Health Facilities Authority, Florida, Orlando Regional Healthcare System Revenue
|
10/19 at 100.00
|
A
|
1,745,053
|
|
|
Bonds, Series 2009, 5.125%, 10/01/26
|
|
|
|
2,500
|
|
Orange County School Board, Florida, Certificates of Participation, Series 2004A, 5.000%,
|
8/14 at 100.00
|
Aa2
|
2,541,925
|
|
|
8/01/29 – AMBAC Insured
|
|
|
|
2,400
|
|
Orange County School Board, Florida, Certificates of Participation, Series 2005B, 5.000%,
|
8/15 at 100.00
|
Aa2
|
2,544,768
|
|
|
8/01/25 – AMBAC Insured
|
|
|
|
5,085
|
|
Orange County, Florida, Tourist Development Tax Revenue Bonds, Refunding Series 2007, 4.750%,
|
No Opt. Call
|
AA–
|
5,271,569
|
|
|
10/01/29 – FGIC Insured
|
|
|
|
|
|
Port Saint Lucie. Florida, Special Assessment Revenue Bonds, Southwest Annexation District 1B,
|
|
|
|
|
|
Series 2007:
|
|
|
|
2,000
|
|
5.000%, 7/01/33 – NPFG Insured
|
7/17 at 100.00
|
A
|
2,040,480
|
4,700
|
|
5.000%, 7/01/40 – NPFG Insured
|
7/17 at 100.00
|
A
|
4,762,322
|
3,300
|
|
Tampa, Florida, Health System Revenue Bonds, Baycare Health System, Series 2012A,
|
5/22 at 100.00
|
Aa2
|
3,453,582
|
|
|
5.000%, 11/15/33
|
|
|
|
64,355
|
|
Total Florida
|
|
|
66,519,850
|
|
|
Georgia – 1.2% (0.7% of Total Investments)
|
|
|
|
5,000
|
|
Atlanta, Georgia, Water and Wastewater Revenue Bonds, Series 1999A, 5.500%, 11/01/22 –
|
No Opt. Call
|
Aa3
|
5,886,400
|
|
|
FGIC Insured
|
|
|
|
2,000
|
|
DeKalb County Hospital Authority, Georgia, Anticipation Certificates Revenue Bonds, DeKalb
|
9/20 at 100.00
|
BBB
|
2,042,320
|
|
|
Medical Center, Inc. Project, Series 2010, 6.000%, 9/01/30
|
|
|
|
2,500
|
|
Medical Center Hospital Authority, Georgia, Revenue Anticipation Certificates, Columbus
|
8/18 at 100.00
|
AA–
|
2,725,525
|
|
|
Regional Healthcare System, Inc. Project, Series 2008, 6.500%, 8/01/38 – AGC Insured
|
|
|
|
9,500
|
|
Total Georgia
|
|
|
10,654,245
|
|
|
Idaho – 0.0% (0.0% of Total Investments)
|
|
|
|
30
|
|
Idaho Housing and Finance Association, Single Family Mortgage Bonds, Series 2000D, 6.200%,
|
4/14 at 100.00
|
A1
|
30,410
|
|
|
7/01/14 (Alternative Minimum Tax)
|
|
|
|
|
|
Illinois – 27.6% (17.2% of Total Investments)
|
|
|
|
1,470
|
|
Chicago Board of Education, Cook County, Illinois, General Obligation Bonds, Dedicated
|
12/21 at 100.00
|
A+
|
1,434,294
|
|
|
Revenues Series 2011A, 5.000%, 12/01/41
|
|
|
|
10,000
|
|
Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax
|
No Opt. Call
|
A+
|
8,321,300
|
|
|
Revenues, Series 1998B-1, 0.000%, 12/01/19 – FGIC Insured
|
|
|
|
10,000
|
|
Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax
|
No Opt. Call
|
A+
|
7,781,200
|
|
|
Revenues, Series 1999A, 0.000%, 12/01/20 – FGIC Insured
|
|
|
|
|
|
Chicago, Illinois, General Obligation Bonds, City Colleges, Series 1999:
|
|
|
|
32,170
|
|
0.000%, 1/01/21 – FGIC Insured
|
No Opt. Call
|
A+
|
24,296,071
|
32,670
|
|
0.000%, 1/01/22 – FGIC Insured
|
No Opt. Call
|
A+
|
23,219,549
|
9,240
|
|
Chicago, Illinois, Revenue Bonds, Midway Airport, Series 1996A, 5.500%, 1/01/29 – NPFG Insured
|
7/14 at 100.00
|
A
|
9,273,079
|
1,785
|
|
Chicago, Illinois, Third Lien General Airport Revenue Bonds, O’Hare International Airport,
|
1/16 at 100.00
|
A
|
1,805,563
|
|
|
Series 2005A, 5.000%, 1/01/33 – FGIC Insured
|
|
|
|
5,325
|
|
Cook County, Illinois, General Obligation Bonds, Refunding Series 2010A, 5.250%, 11/15/33
|
11/20 at 100.00
|
AA
|
5,563,933
|
|
|
DuPage County Forest Preserve District, Illinois, General Obligation Bonds, Series 2000:
|
|
|
|
8,000
|
|
0.000%, 11/01/18
|
No Opt. Call
|
AAA
|
7,439,760
|
15,285
|
|
0.000%, 11/01/19
|
No Opt. Call
|
AAA
|
13,709,728
|
1,500
|
|
Illinois Finance Authority, Revenue Bonds, Central DuPage Health, Series 2009B, 5.500%, 11/01/39
|
11/19 at 100.00
|
AA
|
1,616,610
|
2,000
|
|
Illinois Finance Authority, Revenue Bonds, Children’s Memorial Hospital, Series 2008A, 5.250%,
|
8/18 at 100.00
|
AA–
|
2,032,200
|
|
|
8/15/47 – AGC Insured (UB)
|
|
|
|
5,245
|
|
Illinois Finance Authority, Revenue Bonds, Loyola University of Chicago, Tender Option Bond
|
No Opt. Call
|
Aa1
|
5,605,017
|
|
|
Trust 1137, 9.426%, 7/01/15 (IF)
|
|
|
|
3,000
|
|
Illinois Finance Authority, Revenue Bonds, Memorial Health System, Series 2009, 5.500%, 4/01/34
|
4/19 at 100.00
|
A+
|
3,125,490
|
2,000
|
|
Illinois Finance Authority, Revenue Bonds, Provena Health, Series 2009A, 7.750%, 8/15/34
|
8/19 at 100.00
|
BBB+
|
2,440,660
|
870
|
|
Illinois Finance Authority, Revenue Bonds, Rehabilitation Institute of Chicago, Series 2013A,
|
7/23 at 100.00
|
A–
|
925,254
|
|
|
6.000%, 7/01/43
|
|
|
|
2,500
|
|
Illinois Finance Authority, Revenue Bonds, The University of Chicago Medical Center, Series
|
2/21 at 100.00
|
AA–
|
2,643,950
|
|
|
2011C, 5.500%, 8/15/41 (UB) (5)
|
|
|
|
|
|
Illinois Finance Authority, Revenue Bonds, University of Chicago, Series 2004A:
|
|
|
|
815
|
|
5.000%, 7/01/34 (Pre-refunded 7/01/14)
|
7/14 at 100.00
|
Aa1 (4)
|
831,512
|
185
|
|
5.000%, 7/01/34 (Pre-refunded 7/01/14)
|
7/14 at 100.00
|
Aa1 (4)
|
188,748
|
|
|
Illinois Finance Authority, Revenue Refunding Bonds, Silver Cross Hospital and Medical
|
|
|
|
|
|
Centers, Series 2008A:
|
|
|
|
2,250
|
|
6.000%, 8/15/23
|
8/18 at 100.00
|
BBB+
|
2,454,075
|
3,055
|
|
5.500%, 8/15/30
|
8/18 at 100.00
|
BBB+
|
3,113,778
|
4,970
|
|
Illinois Finance Authority, Student Housing Revenue Bonds, Educational Advancement Fund Inc.,
|
5/17 at 100.00
|
BBB+
|
4,783,724
|
|
|
Refunding Series 2007A, 5.250%, 5/01/34
|
|
|
|
995
|
|
Illinois Health Facilities Authority, Revenue Bonds, Silver Cross Hospital and Medical
|
2/14 at 100.00
|
BBB+
|
998,234
|
|
|
Centers, Series 1999, 5.250%, 8/15/15
|
|
|
|
2,515
|
|
Illinois State, General Obligation Bonds, Refunding Series 2012, 5.000%, 8/01/24
|
8/22 at 100.00
|
A–
|
2,743,287
|
2,235
|
|
Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2013A,
|
1/23 at 100.00
|
AA–
|
2,303,816
|
|
|
5.000%, 1/01/38
|
|
|
|
28,000
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
No Opt. Call
|
AAA
|
8,564,360
|
|
|
Project, Series 2002A, 0.000%, 12/15/35 – AGM Insured
|
|
|
|
10,650
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place
|
No Opt. Call
|
Aaa
|
14,428,833
|
|
|
Hospitality Facility, Series 1996, 7.000%, 7/01/26 (ETM)
|
|
|
|
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Refunding Bonds, McCormick Place
|
|
|
|
|
|
Expansion Project, Series 1996A:
|
|
|
|
9,400
|
|
0.000%, 12/15/18 – NPFG Insured
|
No Opt. Call
|
AA–
|
8,422,306
|
16,570
|
|
0.000%, 12/15/20 – NPFG Insured
|
No Opt. Call
|
AA–
|
13,181,104
|
23,920
|
|
0.000%, 12/15/22 – NPFG Insured
|
No Opt. Call
|
AA–
|
16,930,576
|
13,350
|
|
0.000%, 12/15/24 – NPFG Insured
|
No Opt. Call
|
AA–
|
8,401,155
|
5,100
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Refunding Bonds, McCormick Place
|
No Opt. Call
|
AAA
|
5,839,092
|
|
|
Expansion Project, Series 1998A, 5.500%, 12/15/23 – FGIC Insured
|
|
|
|
5,180
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Refunding Bonds, McCormick Place
|
No Opt. Call
|
AA– (4)
|
6,281,734
|
|
|
Expansion Project, Series 1998A, 5.500%, 12/15/23 – FGIC Insured (ETM)
|
|
|
|
2,685
|
|
Midlothian, Illinois, General Obligation Bonds, Series 2010A, 5.000%, 2/01/30 – AGM Insured
|
2/20 at 100.00
|
AA–
|
2,778,438
|
17,865
|
|
Regional Transportation Authority, Cook, DuPage, Kane, Lake, McHenry and Will Counties,
|
No Opt. Call
|
AA
|
21,970,377
|
|
|
Illinois, General Obligation Bonds, Series 1999, 5.750%, 6/01/23 – AGM Insured
|
|
|
|
4,810
|
|
Will County Community High School District 210 Lincoln-Way, Illinois, General Obligation
|
No Opt. Call
|
Aa2
|
3,432,512
|
|
|
Bonds, Series 2006, 0.000%, 1/01/23 – AGM Insured
|
|
|
|
297,610
|
|
Total Illinois
|
|
|
248,881,319
|
|
|
Indiana – 3.9% (2.5% of Total Investments)
|
|
|
|
3,000
|
|
Delaware County Hospital Authority, Indiana, Hospital Revenue Bonds, Cardinal Health System,
|
8/16 at 100.00
|
A3
|
3,076,170
|
|
|
Series 2006, 5.250%, 8/01/36
|
|
|
|
2,525
|
|
Indiana Finance Authority, Hospital Revenue Bonds, Community Health Network Project, Series
|
5/23 at 100.00
|
A
|
2,509,673
|
|
|
2012A, 5.000%, 5/01/42
|
|
|
|
3,075
|
|
Indiana Finance Authority, Private Activity Bonds, Ohio River Bridges East End Crossing
|
7/23 at 100.00
|
BBB
|
2,888,040
|
|
|
Project, Series 2013A, 5.000%, 7/01/48 (Alternative Minimum Tax)
|
|
|
|
750
|
|
Indiana Health Facility Financing Authority, Hospital Revenue Bonds, Clarian Health Obligation
|
2/16 at 100.00
|
AA–
|
801,240
|
|
|
Group, Series 2006B, 5.000%, 2/15/23
|
|
|
|
1,305
|
|
Indiana Health Facility Financing Authority, Hospital Revenue Bonds, Deaconess Hospital Inc.,
|
3/14 at 100.00
|
A+ (4)
|
1,310,729
|
|
|
Series 2004A, 5.375%, 3/01/34 (Pre-refunded 3/01/14) – AMBAC Insured
|
|
|
|
840
|
|
Indiana Health Facility Financing Authority, Hospital Revenue Refunding Bonds, Columbus
|
No Opt. Call
|
AA–
|
884,915
|
|
|
Regional Hospital, Series 1993, 7.000%, 8/15/15 – AGM Insured
|
|
|
|
4,320
|
|
Indiana Health Facility Financing Authority, Revenue Bonds, Ancilla Systems Inc. Obligated
|
4/14 at 100.00
|
A (4)
|
4,338,144
|
|
|
Group, Series 1997, 5.250%, 7/01/22 – NPFG Insured (ETM)
|
|
|
|
3,000
|
|
Indiana Health Facility Financing Authority, Revenue Bonds, Community Foundation of Northwest
|
3/17 at 100.00
|
A
|
3,110,700
|
|
|
Indiana, Series 2007, 5.500%, 3/01/37
|
|
|
|
2,000
|
|
Indiana Health Facility Financing Authority, Revenue Bonds, Community Hospitals of Indiana,
|
5/15 at 100.00
|
N/R (4)
|
2,119,220
|
|
|
Series 2005A, 5.000%, 5/01/35 (Pre-refunded 5/01/15) – AMBAC Insured
|
|
|
|
3,000
|
|
Indiana Municipal Power Agency, Power Supply System Revenue Bonds, Series 2011A,
|
No Opt. Call
|
A+
|
3,181,890
|
|
|
5.000%, 1/01/31
|
|
|
|
9,560
|
|
Indianapolis Local Public Improvement Bond Bank, Indiana, Series 1999E, 0.000%, 2/01/26 –
|
No Opt. Call
|
AA
|
6,073,850
|
|
|
AMBAC Insured
|
|
|
|
2,395
|
|
Shelbyville Central Renovation School Building Corporation, Indiana, First Mortgage Bonds,
|
7/15 at 100.00
|
AA+
|
2,484,214
|
|
|
Series 2005, 4.375%, 7/15/26 – NPFG Insured
|
|
|
|
1,800
|
|
Sunman Dearborn High School Building Corporation, Indiana, First Mortgage Bonds, Series 2005,
|
1/15 at 100.00
|
AA+ (4)
|
1,882,782
|
|
|
5.000%, 7/15/25 (Pre-refunded 1/15/15) – NPFG Insured
|
|
|
|
1,580
|
|
Zionsville Community Schools Building Corporation, Indiana, First Mortgage Bonds, Series
|
No Opt. Call
|
AA–
|
889,429
|
|
|
2005Z, 0.000%, 1/15/28 – AGM Insured
|
|
|
|
39,150
|
|
Total Indiana
|
|
|
35,550,996
|
|
|
Iowa – 2.4% (1.5% of Total Investments)
|
|
|
|
1,500
|
|
Iowa Finance Authority, Health Facility Revenue Bonds, Care Initiatives Project, Series 2006A,
|
7/16 at 100.00
|
BB+
|
1,546,755
|
|
|
5.500%, 7/01/21
|
|
|
|
|
|
Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company
|
|
|
|
|
|
Project, Series 2013:
|
|
|
|
3,000
|
|
5.000%, 12/01/19
|
No Opt. Call
|
BB–
|
2,971,410
|
2,220
|
|
5.250%, 12/01/25
|
12/23 at 100.00
|
BB–
|
2,069,484
|
|
|
Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C:
|
|
|
|
5,000
|
|
5.375%, 6/01/38
|
6/15 at 100.00
|
B+
|
3,894,900
|
4,465
|
|
5.500%, 6/01/42
|
6/15 at 100.00
|
B+
|
3,457,919
|
5,400
|
|
5.625%, 6/01/46
|
6/15 at 100.00
|
B+
|
4,200,822
|
4,500
|
|
Iowa Tobacco Settlement Authority, Tobacco Asset-Backed Revenue Bonds, Series 2005B,
|
6/17 at 100.00
|
B+
|
3,828,150
|
|
|
5.600%, 6/01/34
|
|
|
|
26,085
|
|
Total Iowa
|
|
|
21,969,440
|
|
|
Kansas – 0.3% (0.2% of Total Investments)
|
|
|
|
3,755
|
|
Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Capital
|
No Opt. Call
|
A–
|
2,576,831
|
|
|
Appreciation Revenue Bonds Redevelopment Project Area B – Major Multi-Sport Athletic Complex
|
|
|
|
|
|
Project, Subordinate Lien Series 2010B, 0.000%, 6/01/21
|
|
|
|
|
|
Louisiana – 0.5% (0.3% of Total Investments)
|
|
|
|
235
|
|
East Baton Rouge Mortgage Finance Authority, Louisiana, GNMA/FNMA Mortgage-Backed Securities
|
4/14 at 100.00
|
Aaa
|
235,320
|
|
|
Program Single Family Mortgage Revenue Refunding Bonds, Series 1997B-1, 5.750%, 10/01/26
|
|
|
|
4,000
|
|
Lafayette City and Parish, Louisiana, Utilities Revenue Bonds, Series 2004, 5.250%, 11/01/25
|
11/14 at 100.00
|
A+ (4)
|
4,153,400
|
|
|
(Pre-refunded 11/01/14) – NPFG Insured
|
|
|
|
4,235
|
|
Total Louisiana
|
|
|
4,388,720
|
|
|
Maine – 0.1% (0.1% of Total Investments)
|
|
|
|
1,050
|
|
Maine Health and Higher Educational Facilities Authority, Revenue Bonds, Maine General Medical
|
7/21 at 100.00
|
BBB–
|
1,102,920
|
|
|
Center, Series 2011, 6.750%, 7/01/41
|
|
|
|
|
|
Maryland – 0.7% (0.4% of Total Investments)
|
|
|
|
3,500
|
|
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, University of
|
7/22 at 100.00
|
A2
|
3,535,770
|
|
|
Maryland Medical System Issue, Series 2013A, 5.000%, 7/01/43
|
|
|
|
2,550
|
|
Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Washington County
|
1/18 at 100.00
|
BBB
|
2,667,224
|
|
|
Hospital, Series 2008, 6.000%, 1/01/28
|
|
|
|
6,050
|
|
Total Maryland
|
|
|
6,202,994
|
|
|
Massachusetts – 4.2% (2.6% of Total Investments)
|
|
|
|
6,250
|
|
Massachusetts Department of Transportation, Metropolitan Highway System Revenue Bonds, Senior
|
1/20 at 100.00
|
A+
|
6,491,063
|
|
|
Lien Series 2010B, 5.000%, 1/01/37
|
|
|
|
1,250
|
|
Massachusetts Development Finance Agency, Hospital Revenue Bonds, Cape Cod Healthcare
|
11/23 at 100.00
|
A–
|
1,287,525
|
|
|
Obligated Group, Series 2013, 5.250%, 11/15/41
|
|
|
|
|
|
Massachusetts Development Finance Authority, Revenue Bonds, 100 Cambridge Street
|
|
|
|
|
|
Redevelopment, M/SRBC Project, Series 2002A:
|
|
|
|
4,000
|
|
5.125%, 8/01/28 – NPFG Insured
|
4/14 at 100.00
|
A
|
4,002,240
|
7,125
|
|
5.125%, 2/01/34 – NPFG Insured
|
4/14 at 100.00
|
A
|
7,126,425
|
4,500
|
|
Massachusetts Health and Education Facilities Authority, Revenue Bonds, Partners HealthCare
|
7/19 at 100.00
|
AA
|
4,642,920
|
|
|
System, Series 2010J, 5.000%, 7/01/39
|
|
|
|
8,730
|
|
Massachusetts Health and Educational Facilities Authority, Revenue Bonds, Berkshire Health
|
10/15 at 100.00
|
AA–
|
9,191,992
|
|
|
System, Series 2005F, 5.000%, 10/01/19 – AGC Insured
|
|
|
|
500
|
|
Massachusetts Health and Educational Facilities Authority, Revenue Bonds, CareGroup Inc.,
|
7/18 at 100.00
|
A–
|
509,565
|
|
|
Series 2008E-1 &2, 5.125%, 7/01/38
|
|
|
|
4,560
|
|
Massachusetts School Building Authority, Dedicated Sales Tax Revenue Bonds, Senior Series
|
5/23 at 100.00
|
AA+
|
4,883,213
|
|
|
2013A, 5.000%, 5/15/43
|
|
|
|
36,915
|
|
Total Massachusetts
|
|
|
38,134,943
|
|
|
Michigan – 3.9% (2.4% of Total Investments)
|
|
|
|
1,060
|
|
Detroit Water and Sewerage Department, Michigan, Sewage Disposal System Revenue Bonds,
|
7/22 at 100.00
|
BBB+
|
981,475
|
|
|
Refunding Senior Lien Series 2012A, 5.250%, 7/01/39
|
|
|
|
1,250
|
|
Detroit, Michigan, Distributable State Aid General Obligation Bonds, Limited Tax Series 2010,
|
11/20 at 100.00
|
AA
|
1,245,675
|
|
|
4.500%, 11/01/23
|
|
|
|
|
|
Detroit, Michigan, Second Lien Sewerage Disposal System Revenue Bonds, Series 2005A:
|
|
|
|
5,565
|
|
5.000%, 7/01/30 – NPFG Insured
|
7/15 at 100.00
|
A
|
5,212,123
|
5,000
|
|
5.000%, 7/01/35 – NPFG Insured
|
7/15 at 100.00
|
A
|
4,584,450
|
3,305
|
|
Detroit, Michigan, Sewer Disposal System Revenue Bonds, Second Lien, Series 2006B, 5.000%,
|
7/16 at 100.00
|
A
|
3,044,368
|
|
|
7/01/33 – FGIC Insured
|
|
|
|
2,000
|
|
Detroit, Michigan, Water Supply System Second Lien Revenue Bonds, Series 2006A, 5.250%,
|
No Opt. Call
|
A
|
2,002,820
|
|
|
7/01/16 – NPFG Insured
|
|
|
|
1,000
|
|
Detroit, Michigan, Water Supply System Senior Lien Revenue Refunding Bonds, Series 2005C,
|
7/15 at 100.00
|
A
|
979,460
|
|
|
5.000%, 7/01/22 – FGIC Insured
|
|
|
|
2,000
|
|
Kalamazoo Hospital Finance Authority, Michigan, Hospital Revenue Refunding Bonds, Bronson
|
5/20 at 100.00
|
A2
|
2,065,740
|
|
|
Methodist Hospital, Series 2010, 5.250%, 5/15/36 – AGM Insured
|
|
|
|
6,250
|
|
Michigan State Building Authority, Revenue Bonds, Refunding Series 2006IA, 0.000%, 10/15/30 –
|
10/16 at 50.02
|
Aa3
|
2,747,125
|
|
|
FGIC Insured
|
|
|
|
3,050
|
|
Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Revenue Bonds,
|
6/18 at 100.00
|
BB–
|
2,764,429
|
|
|
Series 2008A, 6.875%, 6/01/42
|
|
|
|
2,500
|
|
Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue and Refunding Bonds, William
|
8/19 at 100.00
|
A1
|
2,787,925
|
|
|
Beaumont Hospital Obligated Group, Series 2009W, 6.375%, 8/01/29
|
|
|
|
1,150
|
|
Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont
|
9/18 at 100.00
|
A1
|
1,398,527
|
|
|
Hospital, Refunding Series 2009V, 8.250%, 9/01/39
|
|
|
|
4,930
|
|
Wayne County Airport Authority, Michigan, Revenue Bonds, Series 2007, 5.000%, 12/01/27 – NPFG
|
12/17 at 100.00
|
A
|
5,154,857
|
|
|
Insured (Alternative Minimum Tax)
|
|
|
|
39,060
|
|
Total Michigan
|
|
|
34,968,974
|
|
|
Minnesota – 2.4% (1.5% of Total Investments)
|
|
|
|
5,000
|
|
Maple Grove, Minnesota, Health Care Facilities Revenue Bonds, Maple Grove Hospital
|
5/17 at 100.00
|
Baa1
|
5,041,150
|
|
|
Corporation, Series 2007, 5.250%, 5/01/37
|
|
|
|
14,540
|
|
St. Paul Housing and Redevelopment Authority, Minnesota, Sales Tax Revenue Refunding Bonds,
|
11/15 at 103.00
|
AA–
|
16,343,251
|
|
|
Civic Center Project, Series 1996, 7.100%, 11/01/23 – AGM Insured
|
|
|
|
19,540
|
|
Total Minnesota
|
|
|
21,384,401
|
|
|
Mississippi – 1.4% (0.9% of Total Investments)
|
|
|
|
9,750
|
|
Mississippi Business Finance Corporation, Pollution Control Revenue Refunding Bonds, System
|
4/14 at 100.00
|
BBB
|
9,750,488
|
|
|
Energy Resources Inc. Project, Series 1998, 5.875%, 4/01/22
|
|
|
|
2,475
|
|
Mississippi Hospital Equipment and Facilities Authority, Revenue Bonds, Baptist Memorial
|
9/14 at 100.00
|
AA–
|
2,530,341
|
|
|
Healthcare, Series 2004B-1, 5.000%, 9/01/24 (UB)
|
|
|
|
12,225
|
|
Total Mississippi
|
|
|
12,280,829
|
|
|
Missouri – 3.3% (2.0% of Total Investments)
|
|
|
|
2,585
|
|
Bi-State Development Agency of the Missouri-Illinois Metropolitan District, Mass Transit Sales
|
10/22 at 100.00
|
AA+
|
2,721,307
|
|
|
Tax Appropriation Bonds, Refunding Combined Lien Series 2013A, 5.000%, 10/01/44
|
|
|
|
10,370
|
|
Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds,
|
11/23 at 100.00
|
A2
|
10,465,197
|
|
|
CoxHealth, Series 2013A, 5.000%, 11/15/48
|
|
|
|
4,885
|
|
Missouri Health and Educational Facilities Authority, Revenue Bonds, BJC Health System, Series
|
No Opt. Call
|
AA
|
4,956,321
|
|
|
1993, 5.250%, 5/15/14
|
|
|
|
6,000
|
|
Missouri Joint Municipal Electric Utility Commission, Plum Point Project, Revenue Bonds,
|
1/16 at 100.00
|
A
|
6,066,900
|
|
|
Series 2006, 5.000%, 1/01/34 – NPFG Insured
|
|
|
|
5,130
|
|
Saint Louis, Missouri, Parking Revenue Bonds, Series 2006A, 5.000%, 12/15/31 – NPFG Insured
|
12/16 at 100.00
|
A
|
5,243,065
|
28,970
|
|
Total Missouri
|
|
|
29,452,790
|
|
|
Nevada – 3.7% (2.3% of Total Investments)
|
|
|
|
24,195
|
|
Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran
|
1/20 at 100.00
|
A+
|
24,981,579
|
|
|
International Airport, Series 2010A, 5.250%, 7/01/42
|
|
|
|
5,130
|
|
Reno, Nevada, Health Facilities Revenue Bonds, Catholic Healthcare West, Series 2007A,
|
7/17 at 100.00
|
A
|
5,225,982
|
|
|
5.250%, 7/01/31
|
|
|
|
2,500
|
|
Reno, Nevada, Health Facility Revenue Bonds, Catholic Healthcare West, Trust 2634, 19.148%,
|
7/17 at 100.00
|
AA+
|
2,854,700
|
|
|
7/01/31 – BHAC Insured (IF) (5)
|
|
|
|
31,825
|
|
Total Nevada
|
|
|
33,062,261
|
|
|
New Hampshire – 0.6% (0.4% of Total Investments)
|
|
|
|
5,000
|
|
New Hampshire Business Finance Authority, Revenue Bonds, Elliot Hospital Obligated Group
|
10/19 at 100.00
|
Baa1
|
5,261,600
|
|
|
Issue, Series 2009A, 6.125%, 10/01/39
|
|
|
|
|
|
New Jersey – 4.0% (2.5% of Total Investments)
|
|
|
|
940
|
|
New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge
|
1/24 at 100.00
|
AA–
|
954,861
|
|
|
Replacement Project, Series 2013, 5.125%, 1/01/39 – AGM Insured (Alternative Minimum Tax)
|
|
|
|
3,500
|
|
New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Series
|
7/14 at 100.00
|
A
|
3,558,170
|
|
|
2004A, 5.250%, 7/01/33 – NPFG Insured
|
|
|
|
1,500
|
|
New Jersey Health Care Facilities Financing Authority, New Jersey, Revenue Bonds, Saint Peters
|
7/18 at 100.00
|
BB+
|
1,462,260
|
|
|
University Hospital, Series 2007, 5.750%, 7/01/37
|
|
|
|
4,500
|
|
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2001C,
|
No Opt. Call
|
AA–
|
5,365,485
|
|
|
5.500%, 12/15/18 – AGM Insured
|
|
|
|
|
|
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2006C:
|
|
|
|
1,815
|
|
0.000%, 12/15/26 – AMBAC Insured
|
No Opt. Call
|
AA+
|
1,047,400
|
10,000
|
|
0.000%, 12/15/30 – FGIC Insured
|
No Opt. Call
|
A+
|
4,303,700
|
38,000
|
|
0.000%, 12/15/33 – AGM Insured
|
No Opt. Call
|
AA–
|
13,282,520
|
2,000
|
|
Rutgers State University, New Jersey, Revenue Bonds, Refunding Series 2013L, 5.000%, 5/01/38
|
5/23 at 100.00
|
AA–
|
2,165,300
|
5,000
|
|
Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,
|
6/17 at 100.00
|
B2
|
3,696,400
|
|
|
Series 2007-1A, 4.750%, 6/01/34
|
|
|
|
67,255
|
|
Total New Jersey
|
|
|
35,836,096
|
|
|
New York – 6.5% (4.0% of Total Investments)
|
|
|
|
5,500
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Kaleida
|
2/14 at 100.00
|
AAA
|
5,510,450
|
|
|
Health, Series 2004, 5.050%, 2/15/25 (Pre-refunded 2/15/14)
|
|
|
|
1,175
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, 853 Schools Program,
|
7/14 at 100.00
|
N/R
|
1,177,879
|
|
|
Gateway-Longview Inc., Series 1998A, 5.500%, 7/01/18 – AMBAC Insured
|
|
|
|
8,115
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series
|
2/21 at 100.00
|
A
|
8,422,315
|
|
|
2011A, 5.250%, 2/15/47
|
|
|
|
2,000
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 5.000%,
|
2/17 at 100.00
|
A
|
2,018,980
|
|
|
2/15/47 – FGIC Insured
|
|
|
|
1,000
|
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Refunding Series 2010A,
|
No Opt. Call
|
A- (4)
|
1,012,190
|
|
|
5.000%, 5/01/14 (ETM)
|
|
|
|
4,410
|
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A,
|
5/21 at 100.00
|
A–
|
4,557,206
|
|
|
5.000%, 5/01/38
|
|
|
|
13,600
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2006B,
|
11/16 at 100.00
|
AA–
|
13,728,792
|
|
|
4.500%, 11/15/32 – AGM Insured (UB)
|
|
|
|
11,560
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue
|
6/14 at 100.00
|
AAA
|
11,615,257
|
|
|
Bonds, Fiscal Series 2005A, 5.000%, 6/15/39
|
|
|
|
5,000
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate
|
5/23 at 100.00
|
AAA
|
5,357,150
|
|
|
Fiscal 2013 Series I, 5.000%, 5/01/38
|
|
|
|
2,000
|
|
New York Liberty Development Corporation, Liberty Revenue Bonds, 4 World Trade Center Project,
|
No Opt. Call
|
A+
|
2,160,540
|
|
|
Series 2011, 5.750%, 11/15/51
|
|
|
|
2,650
|
|
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air
|
12/20 at 100.00
|
BBB
|
2,876,549
|
|
|
Terminal LLC Project, Eighth Series 2010, 6.000%, 12/01/42
|
|
|
|
57,010
|
|
Total New York
|
|
|
58,437,308
|
|
|
North Carolina – 2.5% (1.5% of Total Investments)
|
|
|
|
5,550
|
|
Charlotte-Mecklenburg Hospital Authority, North Carolina, Health Care Revenue Bonds, DBA
|
1/18 at 100.00
|
AA–
|
5,630,309
|
|
|
Carolinas HealthCare System, Series 2008A, 5.000%, 1/15/39
|
|
|
|
4,900
|
|
Charlotte-Mecklenburg Hospital Authority, North Carolina, Healthcare System Revenue Bonds, DBA
|
1/15 at 100.00
|
AA+ (4)
|
5,121,970
|
|
|
Carolinas Healthcare System, Series 2005A, 5.000%, 1/15/45 (Pre-refunded 1/15/15)
|
|
|
|
3,300
|
|
North Carolina Medical Care Commission, Health Care Facilities Revenue Refunding Bonds,
|
10/22 at 100.00
|
AA–
|
3,472,788
|
|
|
WakeMed, Series 2012A, 5.000%, 10/01/31
|
|
|
|
3,500
|
|
North Carolina Medical Care Commission, Healthcare Facilities Revenue Bonds, Duke University
|
6/19 at 100.00
|
AA
|
3,730,440
|
|
|
Health System, Series 2009A, 5.000%, 6/01/42
|
|
|
|
4,055
|
|
North Carolina Medical Care Commission, Healthcare Revenue Refunding Bonds, Novant Health
|
11/16 at 100.00
|
AA+
|
4,262,981
|
|
|
Inc., Series 2006, 5.000%, 11/01/39 – NPFG Insured
|
|
|
|
21,305
|
|
Total North Carolina
|
|
|
22,218,488
|
|
|
North Dakota – 0.5% (0.3% of Total Investments)
|
|
|
|
3,910
|
|
Fargo, North Dakota, Health System Revenue Bonds, Sanford Health, Refunding Series 2011,
|
11/21 at 100.00
|
A+
|
4,468,622
|
|
|
6.250%, 11/01/31
|
|
|
|
|
|
Ohio – 6.4% (4.0% of Total Investments)
|
|
|
|
10,000
|
|
American Municipal Power Ohio Inc., General Revenue Bonds, Prairie State Energy Campus Project
|
2/18 at 100.00
|
A1
|
10,230,900
|
|
|
Series 2008A, 5.250%, 2/15/43
|
|
|
|
|
|
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
|
|
|
|
|
Bonds, Senior Lien, Series 2007A-2:
|
|
|
|
5,685
|
|
5.125%, 6/01/24
|
6/17 at 100.00
|
B–
|
4,793,649
|
5,640
|
|
5.875%, 6/01/30
|
6/17 at 100.00
|
B
|
4,547,983
|
4,875
|
|
5.750%, 6/01/34
|
6/17 at 100.00
|
B
|
3,796,065
|
4,290
|
|
6.000%, 6/01/42
|
6/17 at 100.00
|
BB+
|
3,400,597
|
14,830
|
|
5.875%, 6/01/47
|
6/17 at 100.00
|
B
|
11,846,204
|
11,460
|
|
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
6/22 at 100.00
|
B
|
9,391,814
|
|
|
Bonds, Senior Lien, Series 2007A-3, 6.250%, 6/01/37
|
|
|
|
2,305
|
|
Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series
|
11/21 at 100.00
|
AA
|
2,572,357
|
|
|
2011A, 6.000%, 11/15/41
|
|
|
|
3,650
|
|
Montgomery County, Ohio, Revenue Bonds, Catholic Health Initiatives, Series 2004A,
|
5/14 at 100.00
|
A+
|
3,657,191
|
|
|
5.000%, 5/01/30
|
|
|
|
3,685
|
|
Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Project, Junior Lien Series
|
2/23 at 100.00
|
A+
|
3,762,754
|
|
|
2013A-1, 5.000%, 2/15/48
|
|
|
|
66,420
|
|
Total Ohio
|
|
|
57,999,514
|
|
|
Pennsylvania – 4.2% (2.6% of Total Investments)
|
|
|
|
1,250
|
|
Allegheny County Hospital Development Authority, Pennsylvania, University of Pittsburgh
|
8/19 at 100.00
|
Aa3
|
1,368,550
|
|
|
Medical Center Revenue Bonds, Series 2009A, 5.500%, 8/15/34
|
|
|
|
|
|
Bethlehem Authority, Northampton and Lehigh Counties, Pennsylvania, Guaranteed Water Revenue
|
|
|
|
|
|
Bonds, Series 1998:
|
|
|
|
3,125
|
|
0.000%, 5/15/22 – AGM Insured
|
No Opt. Call
|
AA–
|
2,451,938
|
3,125
|
|
0.000%, 5/15/23 – AGM Insured
|
No Opt. Call
|
AA–
|
2,339,375
|
3,135
|
|
0.000%, 5/15/24 – AGM Insured
|
No Opt. Call
|
AA–
|
2,230,270
|
3,155
|
|
0.000%, 5/15/26 – AGM Insured
|
No Opt. Call
|
AA–
|
2,022,292
|
4,145
|
|
0.000%, 11/15/26 – AGM Insured
|
No Opt. Call
|
AA–
|
2,599,288
|
2,800
|
|
0.000%, 5/15/28 – AGM Insured
|
No Opt. Call
|
AA–
|
1,632,848
|
3,000
|
|
0.000%, 11/15/28 – AGM Insured
|
No Opt. Call
|
AA–
|
1,716,780
|
700
|
|
Northampton County Industrial Development Authority, Pennsylvania, Recovery Revenue Bonds,
|
4/14 at 100.00
|
N/R
|
593,739
|
|
|
Northampton Generating Project, Senior Lien Series 2013A0 & AE2, 5.000%, 12/01/23
|
|
|
|
9
|
|
Northampton County Industrial Development Authority, Pennsylvania, Recovery Revenue Bonds,
|
4/14 at 100.00
|
N/R
|
7,669
|
|
|
Northampton Generating Project, Senior Lien Taxable Series 2013B, 5.000%, 12/31/23
|
|
|
|
|
|
(Alternative Minimum Tax)
|
|
|
|
2,000
|
|
Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Subordinate Special
|
12/21 at 100.00
|
AA
|
2,059,300
|
|
|
Revenue, Series 2011B, 5.000%, 12/01/41
|
|
|
|
1,570
|
|
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Capital Appreciation Series 2009E,
|
12/27 at 100.00
|
A–
|
1,444,055
|
|
|
0.000%, 12/01/38
|
|
|
|
5,100
|
|
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2009C, 0.000%,
|
6/26 at 100.00
|
AA
|
5,149,572
|
|
|
6/01/33 – AGM Insured
|
|
|
|
11,890
|
|
Philadelphia Hospitals and Higher Education Facilities Authority, Pennsylvania, Health System
|
5/20 at 100.00
|
AA
|
12,110,560
|
|
|
Revenue Bonds, Jefferson Health System, Series 2010B, 5.000%, 5/15/40
|
|
|
|
45,004
|
|
Total Pennsylvania
|
|
|
37,726,236
|
|
|
Puerto Rico – 5.2% (3.3% of Total Investments)
|
|
|
|
625
|
|
Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2005SS, 5.000%, 7/01/25 –
|
7/15 at 100.00
|
A
|
542,013
|
|
|
NPFG Insured
|
|
|
|
1,000
|
|
Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2007TT, 5.000%, 7/01/20
|
7/17 at 100.00
|
BBB
|
716,670
|
1,850
|
|
Puerto Rico Electric Power Authority, Power Revenue Bonds, Series WW, 5.000%, 7/01/28
|
7/18 at 100.00
|
BBB
|
1,128,500
|
1,305
|
|
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2005L, 5.250%,
|
No Opt. Call
|
A
|
1,204,345
|
|
|
7/01/23 – NPFG Insured
|
|
|
|
1,000
|
|
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N, 5.250%,
|
No Opt. Call
|
BBB
|
784,780
|
|
|
7/01/31 – AMBAC Insured
|
|
|
|
2,500
|
|
Puerto Rico Municipal Finance Agency, Series 2005A, 5.250%, 8/01/24
|
8/15 at 100.00
|
BBB–
|
1,721,875
|
1,060
|
|
Puerto Rico Public Buildings Authority, Guaranteed Government Facilities Revenue Bonds, Series
|
No Opt. Call
|
BBB–
|
899,823
|
|
|
2007M, 5.750%, 7/01/17
|
|
|
|
11,975
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/19 at 100.00
|
A+
|
9,803,094
|
|
|
2009A, 5.000%, 8/01/24
|
|
|
|
13,125
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/29 at 100.00
|
A+
|
6,597,281
|
|
|
2010A, 0.000%, 8/01/33
|
|
|
|
8,625
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/20 at 100.00
|
A+
|
5,960,306
|
|
|
2010C, 5.250%, 8/01/41
|
|
|
|
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A:
|
|
|
|
25,000
|
|
0.000%, 8/01/47 – AMBAC Insured
|
No Opt. Call
|
AA–
|
2,510,500
|
64,335
|
|
0.000%, 8/01/54 – AMBAC Insured
|
No Opt. Call
|
AA–
|
4,172,125
|
15,000
|
|
5.250%, 8/01/57
|
8/17 at 100.00
|
AA–
|
11,438,100
|
147,400
|
|
Total Puerto Rico
|
|
|
47,479,412
|
|
|
Rhode Island – 0.2% (0.1% of Total Investments)
|
|
|
|
1,805
|
|
Rhode Island Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed Bonds,
|
4/14 at 100.00
|
BBB+
|
1,804,856
|
|
|
Series 2002A, 6.125%, 6/01/32
|
|
|
|
|
|
South Carolina – 3.7% (2.3% of Total Investments)
|
|
|
|
5,500
|
|
Dorchester County School District 2, South Carolina, Installment Purchase Revenue Bonds,
|
12/14 at 100.00
|
AA- (4)
|
5,734,300
|
|
|
GROWTH, Series 2004, 5.250%, 12/01/29 (Pre-refunded 12/01/14)
|
|
|
|
2,725
|
|
Medical University Hospital Authority, South Carolina, FHA-Insured Mortgage Revenue Bonds,
|
8/14 at 100.00
|
A (4)
|
2,799,338
|
|
|
Series 2004A, 5.250%, 2/15/25 (Pre-refunded 8/15/14) – NPFG Insured
|
|
|
|
1,345
|
|
Myrtle Beach, South Carolina, Hospitality and Accommodation Fee Revenue Bonds, Series 2004A,
|
6/14 at 100.00
|
A+
|
1,367,515
|
|
|
5.375%, 6/01/20 – FGIC Insured
|
|
|
|
|
|
Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 2004A-2:
|
|
|
|
26,955
|
|
0.000%, 1/01/31 – AMBAC Insured
|
No Opt. Call
|
A–
|
11,983,115
|
15,420
|
|
0.000%, 1/01/32 – AMBAC Insured
|
No Opt. Call
|
A–
|
6,454,812
|
4,800
|
|
South Carolina Transportation Infrastructure Bank, Revenue Bonds, Series 2010A, 5.250%, 10/01/40
|
10/19 at 100.00
|
A1
|
5,128,848
|
56,745
|
|
Total South Carolina
|
|
|
33,467,928
|
|
|
Tennessee – 2.0% (1.2% of Total Investments)
|
|
|
|
2,260
|
|
Chattanooga Health, Educational and Housing Facility Board, Tennessee, Hospital Revenue Bonds,
|
1/23 at 100.00
|
A+
|
2,314,850
|
|
|
Catholic Health Initiatives, Series 2013A, 5.250%, 1/01/45
|
|
|
|
3,240
|
|
Chattanooga-Hamilton County Hospital Authority, Tennessee, Hospital Revenue Bonds, Erlanger
|
10/19 at 100.00
|
AA–
|
3,539,927
|
|
|
Health System, Refunding Series 2004, 5.000%, 10/01/22 – AGM Insured
|
|
|
|
380
|
|
Johnson City Health and Educational Facilities Board, Tennessee, Hospital Revenue Refunding
|
7/23 at 100.00
|
A (4)
|
381,493
|
|
|
and Improvement Bonds, Johnson City Medical Center, Series 1998C, 5.125%, 7/01/25
|
|
|
|
|
|
(Pre-refunded 7/01/23) – NPFG Insured
|
|
|
|
6,000
|
|
Metropolitan Government of Nashville-Davidson County Health and Educational Facilities Board,
|
12/17 at 100.00
|
N/R
|
6,644,760
|
|
|
Tennessee, Revenue Refunding and Improvement Bonds, Meharry Medical College, Series 1996,
|
|
|
|
|
|
6.000%, 12/01/19 – AMBAC Insured
|
|
|
|
4,965
|
|
Sullivan County Health Educational and Housing Facilities Board, Tennessee, Revenue Bonds,
|
9/16 at 100.00
|
BBB+
|
4,970,710
|
|
|
Wellmont Health System, Series 2006C, 5.250%, 9/01/36
|
|
|
|
16,845
|
|
Total Tennessee
|
|
|
17,851,740
|
|
|
Texas – 15.1% (9.4% of Total Investments)
|
|
|
|
5,000
|
|
Bexar Metropolitan Water District, Texas, Waterworks System Revenue Bonds, Series 2006,
|
5/16 at 100.00
|
A1
|
5,202,600
|
|
|
5.000%, 5/01/35 – NPFG Insured
|
|
|
|
2,500
|
|
Capital Area Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, The
|
4/20 at 100.00
|
Baa1
|
2,682,400
|
|
|
Roman Catholic Diocese of Austin, Series 2005B. Remarketed, 6.125%, 4/01/45
|
|
|
|
|
|
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien Series 2005:
|
|
|
|
4,000
|
|
5.000%, 1/01/35 (Pre-refunded 1/01/15) – FGIC Insured
|
1/15 at 100.00
|
A (4)
|
4,176,680
|
13,000
|
|
5.000%, 1/01/45 (Pre-refunded 1/01/15) – FGIC Insured
|
1/15 at 100.00
|
A (4)
|
13,574,210
|
1,000
|
|
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien Series 2011, 6.000%, 1/01/41
|
1/21 at 100.00
|
Baa2
|
1,048,590
|
3,000
|
|
Conroe Independent School District, Montgomery County, Texas, General Obligation Bonds,
|
2/15 at 100.00
|
AAA
|
3,150,900
|
|
|
Schoolhouse Series 2005C, 5.000%, 2/15/30 (Pre-refunded 2/15/15)
|
|
|
|
3,000
|
|
Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Refunding Series 2012E,
|
No Opt. Call
|
A+
|
2,992,950
|
|
|
5.000%, 11/01/42 (Alternative Minimum Tax)
|
|
|
|
|
|
Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Subordinate Lien
|
|
|
|
|
|
Series 2013B:
|
|
|
|
3,240
|
|
5.000%, 4/01/53
|
10/23 at 100.00
|
AA+
|
3,280,694
|
15,000
|
|
5.000%, 4/01/53 (UB)
|
10/23 at 100.00
|
AA+
|
15,188,400
|
9,000
|
|
Harris County Hospital District, Texas, Revenue Bonds, Series 2007A, 5.250%, 2/15/42 –
|
2/17 at 100.00
|
AA+
|
9,612,720
|
|
|
NPFG Insured
|
|
|
|
2,980
|
|
Harris County-Houston Sports Authority, Texas, Junior Lien Revenue Refunding Bonds, Series
|
5/14 at 100.00
|
A
|
2,979,970
|
|
|
2001B, 5.250%, 11/15/40 – NPFG Insured
|
|
|
|
3,885
|
|
Houston Independent School District, Public Facility Corporation, Harris County, Texas, Lease
|
No Opt. Call
|
AA
|
3,443,470
|
|
|
Revenue Bonds, Cesar E. Chavez High School, Series 1998A, 0.000%, 9/15/19 – AMBAC Insured
|
|
|
|
1,495
|
|
Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment
|
No Opt. Call
|
AA–
|
1,007,256
|
|
|
Project, Series 2001B, 0.000%, 9/01/23 – AGM Insured
|
|
|
|
1,600
|
|
Houston, Texas, Senior Lien Airport System Revenue Bonds, Refunding Series 2009A,
|
7/18 at 100.00
|
AA–
|
1,767,072
|
|
|
5.500%, 7/01/39
|
|
|
|
1,275
|
|
Kerrville Health Facilities Development Corporation, Texas, Revenue Bonds, Sid Peterson
|
2/16 at 100.00
|
BBB–
|
1,282,905
|
|
|
Memorial Hospital Project, Series 2005, 5.375%, 8/15/35
|
|
|
|
33,855
|
|
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation
|
8/14 at 23.67
|
AAA
|
7,799,853
|
|
|
Bonds, Series 2006, 0.000%, 8/15/40
|
|
|
|
|
|
Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation
|
|
|
|
|
|
Bonds, Series 2008:
|
|
|
|
5,000
|
|
0.000%, 8/15/39
|
8/17 at 27.35
|
AAA
|
1,234,400
|
19,300
|
|
0.000%, 8/15/41
|
8/17 at 24.20
|
AAA
|
4,215,313
|
2,000
|
|
Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds,
|
11/22 at 100.00
|
BBB–
|
2,008,280
|
|
|
Southwest Airlines Company – Love Field Modernization Program Project, Series 2012, 5.000%,
|
|
|
|
|
|
11/01/28 (Alternative Minimum Tax)
|
|
|
|
7,630
|
|
Northwest Independent School District, Denton County, Texas, General Obligation Bonds, Series
|
No Opt. Call
|
Aaa
|
8,188,592
|
|
|
2007, 5.000%, 2/15/32
|
|
|
|
2,890
|
|
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue
|
8/20 at 100.00
|
Aa3
|
3,022,102
|
|
|
Bonds, Scott & White Healthcare Project, Series 2010, 5.500%, 8/15/45
|
|
|
|
5,750
|
|
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Texas
|
11/17 at 100.00
|
AA–
|
5,811,813
|
|
|
Health Resources, Series 2007B, 5.000%, 11/15/47
|
|
|
|
3,500
|
|
Texas A&M University, Permanent University Fund Bonds, Series 2006, 5.000%, 7/01/36
|
No Opt. Call
|
AAA
|
3,726,380
|
|
|
Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds,
|
|
|
|
|
|
Series 2012:
|
|
|
|
14,815
|
|
5.000%, 12/15/27
|
No Opt. Call
|
A3
|
15,209,375
|
3,250
|
|
5.000%, 12/15/30
|
No Opt. Call
|
A3
|
3,286,953
|
4,905
|
|
Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, First Tier
|
8/22 at 100.00
|
A–
|
4,917,998
|
|
|
Refunding Series 2012A, 5.000%, 8/15/41
|
|
|
|
4,000
|
|
Texas Turnpike Authority, Central Texas Turnpike System Revenue Bonds, First Tier Series
|
No Opt. Call
|
A–
|
2,453,880
|
|
|
2002A, 0.000%, 8/15/25 – AMBAC Insured
|
|
|
|
2,710
|
|
Wood County Central Hospital District, Texas, Revenue Bonds, East Texas Medical Center Quitman
|
11/21 at 100.00
|
Baa2
|
2,867,830
|
|
|
Project, Series 2011, 6.000%, 11/01/41
|
|
|
|
179,580
|
|
Total Texas
|
|
|
136,133,586
|
|
|
Utah – 0.5% (0.3% of Total Investments)
|
|
|
|
3,000
|
|
Riverton, Utah, Hospital Revenue Bonds, IHC Health Services, Inc., Series 2009, 5.000%, 8/15/41
|
8/19 at 100.00
|
AA+
|
3,100,230
|
860
|
|
Utah Housing Corporation, Single Family Mortgage Bonds, Series 2002A-1, 5.300%, 7/01/18
|
4/14 at 100.00
|
AA–
|
861,952
|
|
|
(Alternative Minimum Tax)
|
|
|
|
65
|
|
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 2000D-1, 6.050%, 7/01/14
|
4/14 at 100.00
|
AA–
|
65,848
|
|
|
(Alternative Minimum Tax)
|
|
|
|
360
|
|
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 2000E-1, Class II, 6.150%,
|
7/14 at 100.00
|
AAA
|
360,490
|
|
|
1/01/27 (Alternative Minimum Tax)
|
|
|
|
135
|
|
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 2000E-1, Class III, 6.000%,
|
7/14 at 100.00
|
AA–
|
137,047
|
|
|
1/01/15 (Alternative Minimum Tax)
|
|
|
|
50
|
|
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 2001A-2, 5.650%, 7/01/27
|
7/14 at 100.00
|
AA
|
50,052
|
|
|
(Alternative Minimum Tax)
|
|
|
|
230
|
|
Utah Housing Finance Agency, Single Family Mortgage Bonds, Series 2001B-1, 5.750%, 7/01/19
|
7/14 at 100.00
|
Aaa
|
230,575
|
|
|
(Alternative Minimum Tax)
|
|
|
|
4,700
|
|
Total Utah
|
|
|
4,806,194
|
|
|
Virgin Islands – 0.6% (0.4% of Total Investments)
|
|
|
|
5,300
|
|
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 2003, 5.000%,
|
10/14 at 100.00
|
BBB+
|
5,257,070
|
|
|
10/01/33 – RAAI Insured
|
|
|
|
|
|
Virginia – 4.2% (2.7% of Total Investments)
|
|
|
|
900
|
|
Henrico County Economic Development Authority, Virginia, Revenue Bonds, Bon Secours Health
|
No Opt. Call
|
A–
|
945,477
|
|
|
System Obligated Group, Series 2013, 5.000%, 11/01/30
|
|
|
|
10,500
|
|
Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Second Senior Lien
|
10/26 at 100.00
|
AA–
|
10,400,460
|
|
|
Revenue Bonds, Series 2009C, 0.000%, 10/01/41 – AGC Insured
|
|
|
|
18,000
|
|
Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Second Senior Lien
|
10/28 at 100.00
|
BBB+
|
14,553,360
|
|
|
Revenue Bonds, Dulles Metrorail Capital Appreciation, Series 2010B, 0.000%, 10/01/44
|
|
|
|
|
|
Route 460 Funding Corporation, Virginia, Toll Road Revenue Bonds, Series 2012A:
|
|
|
|
3,000
|
|
5.125%, 7/01/49
|
No Opt. Call
|
BBB–
|
2,954,070
|
4,150
|
|
5.000%, 7/01/52
|
No Opt. Call
|
BBB–
|
3,999,065
|
5,755
|
|
Route 460 Funding Corporation, Virginia, Toll Road Revenue Bonds, Series 2012B, 0.000%, 7/01/35
|
No Opt. Call
|
BBB–
|
1,563,691
|
4,030
|
|
Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River
|
7/22 at 100.00
|
BBB–
|
4,040,559
|
|
|
Crossing, Opco LLC Project, Series 2012, 5.500%, 1/01/42 (Alternative Minimum Tax)
|
|
|
|
46,335
|
|
Total Virginia
|
|
|
38,456,682
|
|
|
Washington – 3.5% (2.2% of Total Investments)
|
|
|
|
12,235
|
|
Chelan County Public Utility District 1, Washington, Columbia River-Rock Island Hydro-Electric
|
No Opt. Call
|
AA+
|
7,608,457
|
|
|
System Revenue Refunding Bonds, Series 1997A, 0.000%, 6/01/26 – NPFG Insured
|
|
|
|
|
|
Cowlitz County Public Utilities District 1, Washington, Electric Production Revenue Bonds,
|
|
|
|
|
|
Series 2004:
|
|
|
|
465
|
|
5.000%, 9/01/22 – FGIC Insured
|
9/14 at 100.00
|
A1
|
477,020
|
3,100
|
|
5.000%, 9/01/28 – FGIC Insured
|
9/14 at 100.00
|
A1
|
3,158,807
|
4,000
|
|
Washington Health Care Facilities Authority, Revenue Bonds, Providence Health & Services,
|
10/22 at 100.00
|
AA
|
4,199,840
|
|
|
Series 2012A, 5.000%, 10/01/32
|
|
|
|
2,000
|
|
Washington State Health Care Facilities Authority, Revenue Bonds, Fred Hutchinson Cancer
|
7/19 at 100.00
|
A
|
2,124,940
|
|
|
Research Center, Series 2009A, 6.000%, 1/01/33
|
|
|
|
10,000
|
|
Washington State Health Care Facilities Authority, Revenue Bonds, Providence Health Care
|
10/16 at 100.00
|
AA
|
10,059,200
|
|
|
Services, Series 2006A, 4.625%, 10/01/34 – FGIC Insured (UB) (5)
|
|
|
|
4,065
|
|
Washington State, General Obligation Motor Vehicle Fuel Tax Bonds, Series 2008D, 5.000%, 1/01/33
|
No Opt. Call
|
AA+
|
4,407,842
|
35,865
|
|
Total Washington
|
|
|
32,036,106
|
|
|
Wisconsin – 1.4% (0.9% of Total Investments)
|
|
|
|
2,500
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Aurora Health Care, Inc.,
|
4/23 at 100.00
|
A
|
2,565,325
|
|
|
Series 2013A, 5.125%, 4/15/31
|
|
|
|
1,780
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic,
|
2/22 at 100.00
|
A–
|
1,799,918
|
|
|
Series 2012B, 5.000%, 2/15/40
|
|
|
|
3,000
|
|
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Wheaton Franciscan
|
8/16 at 100.00
|
A–
|
3,186,840
|
|
|
Healthcare System, Series 2006A, 5.250%, 8/15/23
|
|
|
|
5,000
|
|
Wisconsin State, General Fund Annual Appropriation Revenue Bonds, Refunding Series 2009A,
|
5/19 at 100.00
|
AA–
|
5,608,550
|
|
|
6.250%, 5/01/37
|
|
|
|
12,280
|
|
Total Wisconsin
|
|
|
13,160,633
|
$ 1,818,499
|
|
Total Municipal Bonds (cost $1,384,390,923)
|
|
|
1,448,675,856
|