Principal Amount
|
Value†
|
|||||||
(000's omitted)
|
(000's omitted)
|
|||||||
Municipal Notes 159.8%
|
||||||||
Alabama 0.7%
|
||||||||
$
|
1,900
|
Selma IDB Rev. (Int'l Paper Co. Proj.), Ser. 2011-A, 5.38%, due 12/1/35
|
$
|
2,117
|
||||
American Samoa 0.6%
|
||||||||
1,700
|
American Samoa Econ. Dev. Au. Gen. Rev. Ref., Ser. 2015-A, 6.25%, due 9/1/29
|
1,700
|
||||||
Arizona 4.8%
|
||||||||
5,000
|
Arizona Sch. Fac. Board Cert. of Participation, Ser. 2008, (Assured Guaranty Insured), 5.13%, due 9/1/21 Pre-Refunded 9/1/18
|
5,224
|
||||||
500
|
Maricopa Co. Ind. Dev. Au. Ed. Ref. Rev. (Paradise Sch. Proj. Paragon Management, Inc.), Ser. 2016, 5.00%, due 7/1/36
|
514
|
(a)
|
|||||
1,500
|
Maricopa Co. Ind. Dev. Au. Sr. Living Facs. Rev. (Christian Care Surprise, Inc. Proj.), Ser. 2016, 5.00%, due 1/1/26
|
1,493
|
(a)(b)
|
|||||
2,250
|
Navajo Nation Ref. Rev., Ser. 2015-A, 5.00%, due 12/1/25
|
2,444
|
(a)
|
|||||
3,000
|
Phoenix Ind. Dev. Au. Ed. Rev. (Great Hearts Academies Proj.), Ser. 2014, 3.75%, due 7/1/24
|
3,123
|
||||||
400
|
Phoenix Ind. Dev. Au. Rev. (Deer Valley Veterans Assisted Living Proj.), Ser. 2016-A, 5.13%, due 7/1/36
|
371
|
||||||
1,500
|
Phoenix Ind. Dev. Au. Solid Waste Disp. Rev. (Vieste Spec. LLC), Ser. 2013-A, 4.38%, due 4/1/28
|
379
|
(b)(c)
|
|||||
400
|
Phoenix-Mesa Gateway Arpt. Au. Spec. Fac. Rev. (Mesa Proj.), Ser. 2012, 5.00%, due 7/1/24
|
458
|
||||||
14,006
|
||||||||
California 33.6%
|
||||||||
2,250
|
California Hlth. Facs. Fin. Au. Rev. (Cedars-Sinai Med. Ctr.), Ser. 2009, 5.00%, due 8/15/39 Pre-Refunded 8/15/19
|
2,431
|
||||||
1,000
|
California Hlth. Facs. Fin. Au. Rev. (Children's Hosp. Los Angeles), Ser. 2012-A, 5.00%, due 11/15/26
|
1,128
|
||||||
1,725
|
California Infrastructure & Econ. Dev. Bank St. Sch. Fund Rev. (King City Joint Union High Sch.), Ser. 2010, 5.13%, due 8/15/24
|
1,897
|
||||||
California Muni. Fin. Au. Charter Sch. Lease Rev. (Sycamore Academy Proj.)
|
||||||||
805
|
Ser. 2014, 5.00%, due 7/1/24
|
825
|
(a)(b)
|
|||||
630
|
Ser. 2014, 5.13%, due 7/1/29
|
630
|
(a)(b)
|
|||||
California Muni. Fin. Au. Charter Sch. Lease Rev. (Vista Charter Middle Sch. Proj.)
|
||||||||
970
|
Ser. 2014, 5.00%, due 7/1/24
|
1,018
|
(b)
|
|||||
430
|
Ser. 2014, 5.13%, due 7/1/29
|
441
|
(b)
|
|||||
500
|
California Muni. Fin. Au. Charter Sch. Rev. (Palmdale Aerospace Academy Proj.), Ser. 2016, 5.00%, due 7/1/31
|
517
|
(a)
|
|||||
570
|
California Muni. Fin. Au. Rev. (Baptist Univ.), Ser. 2015-A, 5.00%, due 11/1/30
|
609
|
(a)
|
|||||
585
|
California Muni. Fin. Au. Rev. (Touro College & Univ. Sys. Obligated Group), Ser. 2014-A, 4.00%, due 1/1/26
|
626
|
||||||
1,300
|
California Sch. Fac. Fin. Au. Rev. (Alliance College - Ready Pub. Sch. Proj.), Ser. 2015-A, 5.00%, due 7/1/30
|
1,432
|
(a)
|
|||||
California St. Dept. of Veterans Affairs Home Purchase Ref. Rev.
|
||||||||
2,155
|
Ser. 2016-A, 2.90%, due 6/1/28
|
2,138
|
||||||
2,450
|
Ser. 2016-A, 2.95%, due 12/1/28
|
2,423
|
||||||
50
|
California St. G.O., Ser. 2007, (XLCA Insured), 4.50%, due 8/1/27
|
50
|
||||||
500
|
California St. Infrastructure & Econ. Dev. Bank Rev. (Goodwill Industries of Sacramento Valley & No. Proj.), Ser. 2016-A, 5.00%, due 1/1/36
|
507
|
(a)
|
|||||
500
|
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
|
496
|
(a)(b)
|
|||||
5,000
|
California St. Poll. Ctrl. Fin. Au. Wtr. Furnishing Rev., Ser. 2012, 5.00%, due 7/1/27
|
5,490
|
(a)
|
|||||
4,000
|
California St. Var. Purp. G.O., Ser. 2009, 5.63%, due 4/1/25
|
4,310
|
(d)
|
|||||
|
625
|
California Statewide CDA Rev. (California Baptist Univ. Proj.), Ser. 2007-A, 5.30%, due 11/1/18
|
|
642
|
||||
1,000
|
California Statewide CDA Spec. Tax Rev. Ref. (Comm. Facs. Dist. Number 2007-01 Orinda Wilder Proj.), Ser. 2015, 4.25%, due 9/1/21
|
1,081
|
||||||
2,000
|
Emery Unified Sch. Dist. G.O. (Election 2010), Ser. 2011-A, 6.50%, due 8/1/33 Pre-Refunded 8/1/21
|
2,417
|
||||||
2,000
|
Golden St. Tobacco Securitization Corp. Tobacco Settlement Asset-Backed Rev., Ser. 2007-A-1, 5.75%, due 6/1/47
|
2,000
|
||||||
2,000
|
Imperial Comm. College Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-A, (AGM Insured), 6.75%, due 8/1/40
|
2,605
|
||||||
Inglewood Pub. Fin. Au. Ref. Rev. (Lease)
|
||||||||
1,250
|
Ser. 2012, 5.00%, due 8/1/17
|
1,250
|
||||||
1,115
|
Ser. 2012, 5.00%, due 8/1/18
|
1,157
|
||||||
590
|
La Verne Cert. of Participation Ref. (Brethren Hillcrest Homes), Ser. 2014, 5.00%, due 5/15/29
|
637
|
||||||
2,250
|
Los Angeles Reg. Arpt. Imp. Corp. Lease Rev. Ref. (Laxfuel Corp.), Ser. 2012, 4.50%, due 1/1/27
|
2,478
|
||||||
3,620
|
Norwalk-La Mirada Unified Sch. Dist. G.O. Cap. Appreciation, Ser. 2005-B, (AGM Insured), 0.00%, due 8/1/24
|
3,130
|
||||||
5,750
|
Norwalk-La Mirada Unified Sch. Dist. G.O. Cap. Appreciation (Election 2002), Ser. 2009-E, (Assured Guaranty Insured), 0.00%, due 8/1/29
|
5,988
|
(e)
|
|||||
5,000
|
Redondo Beach Unified Sch. Dist. G.O., Ser. 2009, 6.38%, due 8/1/34
|
6,551
|
||||||
1,230
|
Rocklin Unified Sch. Dist. G.O. Cap. Appreciation, Ser. 1994-B, (National Public Finance Guarantee Corp. Insured), 0.00%, due 8/1/19
|
1,164
|
||||||
4,000
|
Sacramento City Fin. Au. Ref. Rev. (Master Lease Prog. Facs.), Ser. 2006-E, (AMBAC Insured), 5.25%, due 12/1/26
|
5,019
|
||||||
2,000
|
San Bernardino Comm. College Dist. G.O. Cap. Appreciation (Election), Ser. 2009-B, 0.00%, due 8/1/34
|
2,336
|
(f)
|
|||||
740
|
San Diego Redev. Agcy. Sub. Parking Rev. (Centre City Redev. Proj.), Ser. 2003-B, 5.00%, due 9/1/17
|
742
|
||||||
2,000
|
San Francisco City & Co. Arpt. Commission Int'l Arpt. Ref. Rev., Ser. 2009-C2, 5.00%, due 5/1/25
|
2,138
|
||||||
6,000
|
San Mateo Foster City Sch. Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2010-A, 0.00%, due 8/1/32
|
5,751
|
(g)
|
|||||
1,540
|
Successor Agcy. to the Monrovia Redev. Agcy. Tax Allocation Rev. (Cent. Redev. Proj.), Ser. 2013, 5.00%, due 8/1/26
|
1,758
|
||||||
2,040
|
Sweetwater Union High Sch. Dist. Pub. Fin. Au. Rev., Ser. 2013, (BAM Insured), 5.00%, due 9/1/25
|
2,397
|
||||||
Vernon Elec. Sys. Rev.
|
||||||||
635
|
Ser. 2009-A, 5.13%, due 8/1/21 Pre-Refunded 8/1/19
|
679
|
||||||
1,470
|
Ser. 2009-A, 5.13%, due 8/1/21
|
1,550
|
||||||
9,070
|
Victor Valley Comm. College Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2009-C, 0.00%, due 8/1/37
|
11,318
|
(h)
|
|||||
5,095
|
Victor Valley Joint Union High Sch. Dist. G.O. Cap. Appreciation Bonds, Ser. 2009, (Assured Guaranty Insured), 0.00%, due 8/1/26
|
4,033
|
||||||
3,000
|
Wiseburn Sch. Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-B, (AGM Insured), 0.00%, due 8/1/36
|
2,567
|
(i)
|
|||||
98,356
|
||||||||
Colorado 3.8%
|
||||||||
Colorado Ed. & Cultural Facs. Au. Rev. (Charter Sch.- Atlas Preparatory Sch. Proj.)
|
||||||||
500
|
Ser. 2015, 4.50%, due 4/1/25
|
511
|
(a)
|
|||||
1,000
|
Ser. 2015, 5.13%, due 4/1/35
|
1,018
|
(a)
|
|||||
Colorado Ed. & Cultural Facs. Au. Rev. Ref.
|
||||||||
385
|
Ser. 2014, 4.00%, due 11/1/24
|
392
|
(b)
|
|||||
750
|
Ser. 2014, 4.50%, due 11/1/29
|
751
|
(b)
|
|||||
5,000
|
Denver City & Co. Arpt. Sys. Rev., Ser. 2011-B, 5.00%, due 11/15/24
|
5,691
|
||||||
|
2,550
|
Plaza Metro. Dist. Number 1 Tax Allocation Rev., Ser. 2013, 4.00%, due 12/1/23
|
|
2,662
|
(a)
|
|||
11,025
|
||||||||
Connecticut 0.3%
|
||||||||
750
|
Hamden G.O., Ser. 2013, (AGM Insured), 3.13%, due 8/15/25
|
781
|
||||||
District of Columbia 3.2%
|
||||||||
1,615
|
Dist. of Columbia HFA Rev. (Capitol Hill Towers Proj.), Ser. 2011, (Fannie Mae Insured), 4.10%, due 12/1/26
|
1,692
|
||||||
3,035
|
Dist. of Columbia Rev. (Friendship Pub. Charter Sch.), Ser. 2012, 3.55%, due 6/1/22
|
3,127
|
||||||
520
|
Dist. of Columbia Rev. (Howard Univ.), Ser. 2011-A, 6.25%, due 10/1/23
|
552
|
||||||
700
|
Dist. of Columbia Std. Dorm. Rev. (Provident Group-Howard Prop.), Ser. 2013, 5.00%, due 10/1/45
|
678
|
||||||
Metro. Washington Dist. of Columbia Arpt. Au. Sys. Rev.
|
||||||||
1,000
|
Ser. 2008-A, 5.50%, due 10/1/18
|
1,051
|
||||||
2,000
|
Ser. 2011-C, 5.00%, due 10/1/26
|
2,263
|
||||||
9,363
|
||||||||
Florida 6.5%
|
||||||||
1,600
|
Cap. Trust Agcy. Rev. (Tuscan Garden Palm Coast Proj.), Ser. 2017-A, 7.00%, due 10/1/49
|
1,548
|
(a)(b)
|
|||||
1,000
|
Cityplace Comm. Dev. Dist. Spec. Assessment Rev. Ref., Ser. 2012, 5.00%, due 5/1/26
|
1,136
|
||||||
1,075
|
Florida Dev. Fin. Corp. Ed. Facs. Rev. (Pepin Academies, Inc.), Ser. 2016-A, 5.00%, due 7/1/36
|
1,040
|
||||||
Florida Dev. Fin. Corp. Ed. Facs. Rev. (Renaissance Charter Sch., Inc.)
|
||||||||
1,000
|
Ser. 2012-A, 5.50%, due 6/15/22
|
1,071
|
||||||
3,120
|
Ser. 2013-A, 6.75%, due 12/15/27
|
3,295
|
||||||
1,750
|
Ser. 2014-A, 5.75%, due 6/15/29
|
1,803
|
||||||
500
|
Florida Dev. Fin. Corp. Sr. Living Rev. (Tuscan Isle Champions Gate Proj.), Ser. 2016-A, 6.00%, due 6/1/30
|
482
|
(a)(b)
|
|||||
1,075
|
Florida Dev. Fin. Corp. Sr. Living Rev. (Tuscan Isle Obligated Group), Ser. 2015-A, 7.00%, due 6/1/45
|
831
|
(a)
|
|||||
100
|
Greater Orlando Aviation Au. Arpt. Facs. Ref. Rev. (JetBlue Airways Corp. Proj.), Ser. 2013, 5.00%, due 11/15/36
|
105
|
||||||
1,000
|
Hillsborough Co. Ind. Dev. Au. IDR (Hlth. Facs.), Ser. 2008-B, 8.00%, due 8/15/32 Pre-Refunded 8/15/19
|
1,148
|
||||||
1,135
|
Lakeland Ed. Facs. Rev. Ref. (Florida So. College Proj.), Ser. 2012-A, 5.00%, due 9/1/27
|
1,290
|
||||||
2,000
|
Lee Co. Arpt. Ref. Rev., Ser. 2011-A, 5.63%, due 10/1/25
|
2,306
|
||||||
2,000
|
Martin Co. Ind. Dev. Au. Ref. Rev. (Indiantown Cogeneration Proj.), Ser. 2013, 4.20%, due 12/15/25
|
2,062
|
(a)
|
|||||
980
|
Village Comm. Dev. Dist. Number 11 Spec. Assessment Rev., Ser. 2014, 4.13%, due 5/1/29
|
998
|
||||||
19,115
|
||||||||
Georgia 0.9%
|
||||||||
1,750
|
Cobb Co. Dev. Au. Sr. Living Ref. Rev. (Provident Village Creekside Proj.), Ser. 2016-A, 6.00%, due 7/1/36
|
1,663
|
(a)(b)
|
|||||
1,100
|
Greene Co. Dev. Au. Swr. Fac. Rev., Ser. 2015, 6.13%, due 1/1/25
|
1,115
|
(a)(b)
|
|||||
2,778
|
||||||||
Guam 1.7%
|
||||||||
Guam Gov't Hotel Occupancy Tax Rev.
|
||||||||
1,220
|
Ser. 2011-A, 5.75%, due 11/1/20
|
1,362
|
||||||
650
|
Ser. 2011-A, 5.75%, due 11/1/21
|
738
|
||||||
2,630
|
Guam Gov't Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2010, 5.25%, due 7/1/25
|
2,860
|
||||||
4,960
|
||||||||
Hawaii 2.7%
|
||||||||
|
5,200
|
Hawaii St. Arpt. Sys. Ref. Rev., Ser. 2011, 4.13%, due 7/1/24
|
|
5,683
|
||||
2,000
|
Hawaii St. Dept. of Budget & Fin. Spec. Purp. Rev. (Hawaii Elec. Co., Inc. -Subsidiary), Ser. 2009, 6.50%, due 7/1/39
|
2,179
|
||||||
7,862
|
||||||||
Illinois 20.9%
|
||||||||
5,705
|
Berwyn G.O., Ser. 2013-A, 5.00%, due 12/1/27
|
6,366
|
(d)
|
|||||
Chicago G.O.
|
||||||||
250
|
Ser. 2002-2002B, 5.13%, due 1/1/27
|
261
|
||||||
2,000
|
Ser. 2002-B, 5.00%, due 1/1/25
|
2,112
|
||||||
2,000
|
Ser. 2009-C, 5.00%, due 1/1/27
|
2,018
|
||||||
Chicago Ref. G.O.
|
||||||||
1,000
|
Ser. 2005-D, 5.50%, due 1/1/40
|
1,021
|
||||||
2,500
|
Ser. 2012-C, 5.00%, due 1/1/24
|
2,602
|
||||||
700
|
Ser. 2014-A, 5.00%, due 1/1/27
|
723
|
||||||
3,000
|
Ser. 2017-A, 6.00%, due 1/1/38
|
3,184
|
||||||
Cook Co. Sch. Dist. Number 83 G.O. (Mannheim)
|
||||||||
1,350
|
Ser. 2013-C, 5.45%, due 12/1/30
|
1,474
|
||||||
1,960
|
Ser. 2013-C, 5.50%, due 12/1/31
|
2,136
|
||||||
1,970
|
Cook Co. Township High Sch. Dist. Number 225 Northfield Township, Ser. 2008, 5.00%, due 12/1/25
|
2,035
|
||||||
1,560
|
Illinois Fin. Au. Ref. Rev. (Presence Hlth. Network Obligated Group), Ser. 2016-C, 5.00%, due 2/15/31
|
1,708
|
||||||
4,000
|
Illinois Fin. Au. Ref. Rev. (Roosevelt Univ. Proj.), Ser. 2009, 5.75%, due 4/1/24
|
4,288
|
||||||
3,340
|
Illinois Fin. Au. Rev. (Provena Hlth.), Ser. 2010-A, 6.25%, due 5/1/22 Pre-Refunded 5/1/20
|
3,791
|
||||||
1,905
|
Illinois Sports Facs. Au. Cap. Appreciation Rev. (St. Tax Supported), Ser. 2001, (AMBAC Insured), 0.00%, due 6/15/26
|
1,327
|
||||||
Illinois St. G.O.
|
||||||||
2,900
|
Ser. 2009-A, 5.00%, due 9/1/29
|
2,943
|
||||||
3,900
|
Ser. 2012, 4.00%, due 8/1/25
|
3,985
|
||||||
1,000
|
Ser. 2013, 5.00%, due 7/1/23
|
1,098
|
||||||
4,250
|
Illinois St. G.O. Ref., Ser. 2016, 5.00%, due 2/1/24
|
4,680
|
||||||
1,600
|
Pingree Grove Village Rev. (Cambridge Lakes Learning Ctr. Proj.), Ser. 2011, 8.00%, due 6/1/26
|
1,762
|
||||||
So. Illinois Univ. Cert. of Participation (Cap. Imp. Proj.)
|
||||||||
945
|
Ser. 2014-A-1, (BAM Insured), 5.00%, due 2/15/27
|
1,044
|
||||||
1,375
|
Ser. 2014-A-1, (BAM Insured), 5.00%, due 2/15/28
|
1,506
|
||||||
715
|
Ser. 2014-A-1, (BAM Insured), 5.00%, due 2/15/29
|
779
|
||||||
Univ. of Illinois (Hlth. Svc. Facs. Sys.)
|
||||||||
2,725
|
Ser. 2013, 5.00%, due 10/1/27
|
3,015
|
||||||
2,875
|
Ser. 2013, 5.75%, due 10/1/28
|
3,308
|
||||||
1,850
|
Will Co. High Sch. Dist. Number 204 G.O. (Joliet Jr. College), Ser. 2011-A, 6.25%, due 1/1/31
|
2,126
|
||||||
61,292
|
||||||||
Indiana 3.2%
|
||||||||
4,000
|
Indiana Bond Bank Rev. (Spec. Prog. Clark Mem. Hosp.), Ser. 2009-D, 5.50%, due 8/1/29 Pre-Refunded 2/1/19
|
4,265
|
||||||
500
|
Indiana Fin. Au. Midwestern Disaster Relief Rev. (Ohio Valley Elec. Corp. Proj.), Ser. 2012-A, 5.00%, due 6/1/32
|
507
|
||||||
3,055
|
Indiana Trans. Fin. Au. Hwy. Ref. Rev., Ser. 2004-B, (National Public Finance Guarantee Corp. Insured), 5.75%, due 12/1/21
|
3,644
|
||||||
845
|
Valparaiso Exempt Facs. Rev. (Pratt Paper LLC Proj.), Ser. 2013, 5.88%, due 1/1/24
|
958
|
||||||
9,374
|
||||||||
Iowa 2.6%
|
||||||||
|
5,110
|
Iowa Fin. Au. Rev. (St. Revolving Fund Prog.), Ser. 2008, 5.50%, due 8/1/22 Pre-Refunded 8/1/18
|
|
5,340
|
||||
Iowa Std. Loan Liquidity Corp. Rev.
|
||||||||
1,755
|
Ser. 2011-A-1, 5.00%, due 12/1/21
|
1,884
|
||||||
505
|
Ser. 2011-A-1, 5.30%, due 12/1/23
|
545
|
||||||
7,769
|
||||||||
Kentucky 0.9%
|
||||||||
2,585
|
Kentucky Econ. Dev. Fin. Au. Hlth. Care Ref. Rev. (Baptist Life Comm. Proj.), Ser. 2016-A, 5.50%, due 11/15/27
|
2,618
|
||||||
150
|
Ohio Co. PCR Ref. (Big Rivers Elec. Corp. Proj.), Ser. 2010-A, 6.00%, due 7/15/31
|
153
|
||||||
2,771
|
||||||||
Louisiana 2.1%
|
||||||||
1,500
|
Louisiana Local Gov't Env. Fac. & Comm. (Westlake Chemical Corp.), Ser. 2010-A2, 6.50%, due 11/1/35
|
1,709
|
||||||
1,715
|
Louisiana Local Govt. Env. Facs. & Comm. Dev. Au. Rev. Ref. (Westside Habilitation Ctr. Proj.), Ser. 2017-A, 5.75%, due 2/1/32
|
1,728
|
(a)
|
|||||
775
|
Louisiana Pub. Facs. Au. Rev. (Southwest Louisiana Charter Academy Foundation Proj.), Ser. 2013-A, 7.63%, due 12/15/28
|
862
|
||||||
1,655
|
St. Charles Parish Gulf Zone Opportunity Rev. (Valero Energy Corp.), Ser. 2010, 4.00%, due 12/1/40 Putable 6/1/22
|
1,779
|
(j)
|
|||||
6,078
|
||||||||
Maryland 0.8%
|
||||||||
2,325
|
Prince Georges Co. Hsg. Au. Multi-Family Rev. (Bristol Pines Apts. Proj.), Ser. 2005, (Fannie Mae Insured), 4.85%, due 12/15/38 Putable 12/15/23
|
2,344
|
(j)
|
|||||
Massachusetts 4.8%
|
||||||||
Massachusetts St. Dev. Fin. Agcy. Rev. (Milford Reg. Med. Ctr.)
|
||||||||
200
|
Ser. 2014-F, 5.00%, due 7/15/24
|
221
|
||||||
415
|
Ser. 2014-F, 5.00%, due 7/15/25
|
455
|
||||||
200
|
Ser. 2014-F, 5.00%, due 7/15/26
|
218
|
||||||
190
|
Ser. 2014-F, 5.00%, due 7/15/27
|
206
|
||||||
150
|
Ser. 2014-F, 5.00%, due 7/15/28
|
162
|
||||||
Massachusetts St. Ed. Fin. Au. Rev.
|
||||||||
1,745
|
Ser. 2011-J, 5.00%, due 7/1/23
|
1,926
|
||||||
2,455
|
Ser. 2012-J, 4.70%, due 7/1/26
|
2,641
|
||||||
3,410
|
Ser. 2013-K, 4.50%, due 7/1/24
|
3,729
|
||||||
3,370
|
Massachusetts St. HFA Hsg. Rev., Ser. 2010-C, 4.90%, due 12/1/25
|
3,612
|
||||||
795
|
Massachusetts St. Wtr. Poll. Abatement Trust Rev. (MWRA Prog.), Ser. 2002-A, 5.25%, due 8/1/19
|
797
|
||||||
13,967
|
||||||||
Michigan 1.9%
|
||||||||
Jackson College Dormitories Hsg. Rev.
|
||||||||
1,000
|
Ser. 2015, 6.50%, due 5/1/35
|
1,072
|
||||||
500
|
Ser. 2015, 6.75%, due 5/1/46
|
539
|
||||||
Michigan St. Hsg. Dev. Au. Rev.
|
||||||||
1,935
|
Ser. 2016-C, 2.05%, due 12/1/22
|
1,941
|
||||||
1,835
|
Ser. 2016-C, 2.15%, due 6/1/23
|
1,841
|
||||||
100
|
Summit Academy Pub. Sch. Academy Ref. Rev., Ser. 2005, 6.38%, due 11/1/35
|
100
|
||||||
5,493
|
||||||||
Minnesota 0.8%
|
||||||||
2,250
|
Minneapolis & St. Paul Hsg. & Redev. Au. Hlth. Care Sys. (Children's Hlth. Care Facs.), Ser. 2010-A1, (AGM Insured), 4.50%, due 8/15/24
|
2,437
|
||||||
Mississippi 1.1%
|
||||||||
|
2,960
|
Mississippi Bus. Fin. Corp. Gulf Opportunity Zone Rev., Ser. 2009-A, 4.70%, due 5/1/24
|
|
3,125
|
||||
Missouri 0.8%
|
||||||||
Missouri St. Hlth. & Ed. Facs. Au. Rev. (Children's Mercy Hosp.)
|
||||||||
1,885
|
Ser. 2009, 5.13%, due 5/15/24 Pre-Refunded 5/15/19
|
2,020
|
||||||
390
|
Ser. 2009, 5.13%, due 5/15/24
|
417
|
||||||
2,437
|
||||||||
Nevada 2.1%
|
||||||||
Director of the St. of Nevada Dept. of Bus. & Ind. Rev. (Somerset Academy)
|
||||||||
1,800
|
Ser. 2015-A, 4.00%, due 12/15/25
|
1,797
|
(a)
|
|||||
500
|
Ser. 2015-A, 5.13%, due 12/15/45
|
505
|
(a)
|
|||||
3,545
|
Las Vegas Redev. Agcy. Tax Increment Rev., Ser. 2009-A, 7.50%, due 6/15/23 Pre-Refunded 6/15/19
|
3,969
|
||||||
6,271
|
||||||||
New Hampshire 0.5%
|
||||||||
1,500
|
New Hampshire St. Bus. Fin. Au. Solid Waste Disp. Rev. (Casella Waste Sys., Inc.), Ser. 2013, 4.00%, due 4/1/29 Putable 10/1/19
|
1,487
|
(a)(j)
|
|||||
New Jersey 5.1%
|
||||||||
2,500
|
New Jersey Econ. Dev. Au. Rev. (Continental Airlines, Inc., Proj.), Ser. 1999, 5.13%, due 9/15/23
|
2,714
|
||||||
New Jersey Econ. Dev. Au. Rev. (The Goethals Bridge Replacement Proj.)
|
||||||||
500
|
Ser. 2013, 5.25%, due 1/1/25
|
583
|
||||||
500
|
Ser. 2013, 5.50%, due 1/1/26
|
588
|
||||||
New Jersey Econ. Dev. Au. Rev. (United Methodist Homes of New Jersey Obligated Group)
|
||||||||
1,420
|
Ser. 2013, 3.50%, due 7/1/24
|
1,463
|
||||||
1,470
|
Ser. 2013, 3.63%, due 7/1/25
|
1,512
|
||||||
1,520
|
Ser. 2013, 3.75%, due 7/1/26
|
1,563
|
||||||
765
|
Ser. 2013, 4.00%, due 7/1/27
|
792
|
||||||
180
|
New Jersey Econ. Dev. Au. Rev. Ref. (Sch. Facs. Construction), Ser. 2005-K, (AMBAC Insured), 5.25%, due 12/15/20
|
195
|
||||||
4,080
|
New Jersey Higher Ed. Assist. Au. Rev. (Std. Loan Rev.), Ser. 2012-1A, 4.38%, due 12/1/26
|
4,384
|
||||||
1,000
|
New Jersey Trans. Trust Fund Au. (Federal Hwy. Reimbursement Notes), Ser. 2016-A-2, 5.00%, due 6/15/21
|
1,029
|
||||||
14,823
|
||||||||
New Mexico 0.5%
|
||||||||
Winrock Town Ctr. Tax Increment Dev. Dist. Number 1 Tax Allocation Sr. Lien Rev. (Gross Receipts Tax Increment Bond)
|
||||||||
500
|
Ser. 2015, 5.25%, due 5/1/25
|
500
|
(a)(b)
|
|||||
1,000
|
Ser. 2015, 5.75%, due 5/1/30
|
1,000
|
(a)(b)
|
|||||
1,500
|
||||||||
New York 11.6%
|
||||||||
625
|
Buffalo & Erie Co. Ind. Land Dev. Corp. Rev. Ref. (Orchard Park), Ser. 2015, 5.00%, due 11/15/29
|
688
|
||||||
Build NYC Res. Corp. Rev.
|
||||||||
1,100
|
Ser. 2014, 5.00%, due 11/1/24
|
1,162
|
||||||
835
|
Ser. 2014, 5.25%, due 11/1/29
|
860
|
||||||
Build NYC Res. Corp. Rev. (South Bronx Charter Sch. for Int'l Cultures and the Arts)
|
||||||||
500
|
Ser. 2013-A, 3.88%, due 4/15/23
|
508
|
||||||
1,450
|
Ser. 2013-A, 5.00%, due 4/15/43
|
1,459
|
||||||
1,000
|
Build NYC Res. Corp. Solid Waste Disp. Ref. Rev. (Pratt Paper, Inc. Proj.), Ser. 2014, 4.50%, due 1/1/25
|
1,051
|
(a)
|
|||||
Hempstead Town Local Dev. Corp. Rev. (Molloy College Proj.)
|
||||||||
|
700
|
Ser. 2014, 5.00%, due 7/1/23
|
|
811
|
||||
735
|
Ser. 2014, 5.00%, due 7/1/24
|
862
|
||||||
1,400
|
Jefferson Co. IDA Solid Waste Disp. Rev. (Green Bond), Ser. 2014, 5.25%, due 1/1/24
|
1,246
|
(a)
|
|||||
1,000
|
MTA Hudson Rail Yards Trust Oblig. Rev., Ser. 2016-A, 5.00%, due 11/15/46
|
1,074
|
||||||
500
|
New York Liberty Dev. Corp. Ref. Rev. (3 World Trade Ctr. Proj.), Ser. 2014-2, 5.38%, due 11/15/40
|
554
|
(a)
|
|||||
4,000
|
New York St. Dorm. Au. Rev. Non St. Supported Debt (Mount Sinai Sch. of Medicine), Ser. 2009, 5.25%, due 7/1/33 Pre-Refunded 7/1/19
|
4,321
|
||||||
3,200
|
New York St. Dorm. Au. Rev. Non St. Supported Debt (Univ. Facs.), Ser. 2013-A, 5.00%, due 7/1/28
|
3,749
|
||||||
2,000
|
New York St. HFA Rev. (Affordable Hsg.), Ser. 2009-B, 4.85%, due 11/1/41
|
2,055
|
||||||
2,000
|
New York St. Mtge. Agcy. Homeowner Mtge. Ref. Rev., Ser. 2014-189, 3.45%, due 4/1/27
|
2,087
|
||||||
2,000
|
New York St. Urban Dev. Corp. Rev., Ser. 2008-D, 5.25%, due 1/1/20
|
2,118
|
||||||
710
|
Newburgh G.O., Ser. 2012-A, 5.00%, due 6/15/20
|
776
|
||||||
Newburgh G.O. (Deficit Liquidation)
|
||||||||
495
|
Ser. 2012-B, 5.00%, due 6/15/20
|
541
|
||||||
520
|
Ser. 2012-B, 5.00%, due 6/15/21
|
582
|
||||||
550
|
Ser. 2012-B, 5.00%, due 6/15/22
|
627
|
||||||
1,435
|
Niagara Area Dev. Corp. Rev. (Niagara Univ. Proj.), Ser. 2012-A, 5.00%, due 5/1/23
|
1,632
|
||||||
1,000
|
Niagara Area Dev. Corp. Solid Waste Disp. Fac. Rev. (Covanta Energy Proj.), Ser. 2012-B, 4.00%, due 11/1/24
|
1,002
|
(a)
|
|||||
1,155
|
Suffolk Co. Judicial Facs. Agcy. Lease Rev. (H. Lee Dennison Bldg.), Ser. 2013, 4.25%, due 11/1/26
|
1,251
|
||||||
2,000
|
Utility Debt Securitization Au. Rev., Ser. 2013-TE, 5.00%, due 12/15/28
|
2,378
|
||||||
600
|
Westchester Co. Local Dev. Corp. Rev. Ref. (Wartburg Sr. Hsg. Proj.), Ser. 2015-A, 5.00%, due 6/1/30
|
598
|
(a)
|
|||||
33,992
|
||||||||
North Carolina 3.7%
|
||||||||
1,835
|
North Carolina Med. Care Commission Hlth. Care Facs. Rev. (Lutheran Svc. For Aging, Inc.), Ser. 2012-A, 4.25%, due 3/1/24
|
1,955
|
||||||
2,000
|
North Carolina Med. Care Commission Retirement Facs. Rev., Ser. 2013, 5.13%, due 7/1/23
|
2,164
|
||||||
North Carolina Muni. Pwr. Agcy. Number 1 Catawba Elec. Ref. Rev.
|
||||||||
3,740
|
Ser. 2009-A, 5.00%, due 1/1/26 Pre-Refunded 1/1/19
|
3,952
|
||||||
1,510
|
Ser. 2009-A, 5.00%, due 1/1/26
|
1,593
|
||||||
1,000
|
Oak Island Enterprise Sys. Rev., Ser. 2009, (Assured Guaranty Insured), 5.63%, due 6/1/24 Pre-Refunded 6/1/19
|
1,082
|
||||||
10,746
|
||||||||
Ohio 3.6%
|
||||||||
8,875
|
Buckeye Tobacco Settlement Fin. Au. Asset-Backed Sr. Rev. (Turbo), Ser. 2007-A-2, 5.88%, due 6/1/47
|
8,326
|
||||||
2,060
|
Cleveland Arpt. Sys. Rev. Ref., Ser. 2012-A, 5.00%, due 1/1/27
|
2,304
|
||||||
10,630
|
||||||||
Oklahoma 0.3%
|
||||||||
Tulsa Arpt. Imp. Trust Ref. Rev.
|
||||||||
250
|
Ser. 2015-A, (BAM Insured), 5.00%, due 6/1/24
|
295
|
||||||
400
|
Ser. 2015-A, (BAM Insured), 5.00%, due 6/1/25
|
467
|
||||||
762
|
||||||||
Oregon 0.2%
|
||||||||
480
|
Oregon St. Hsg. & Comm. Svc. Dept. Multi-Family Rev., Ser. 2012-B, (FHA Insured), 3.50%, due 7/1/27
|
490
|
||||||
Pennsylvania 5.6%
|
||||||||
Indiana Co. Ind. Dev. Au. Rev. (Std. Cooperative Assoc., Inc.)
|
||||||||
|
500
|
Ser. 2012, 3.50%, due 5/1/25
|
|
529
|
||||
350
|
Ser. 2012, 3.60%, due 5/1/26
|
370
|
||||||
2,830
|
Lancaster Co. Hosp. Au. Ref. Rev. (Hlth. Centre-Landis Homes Retirement Comm. Proj.), Ser. 2015-A, 4.25%, due 7/1/30
|
2,935
|
||||||
1,250
|
Lancaster Ind. Dev. Au. Rev. (Garden Spot Village Proj.), Ser. 2013, 5.38%, due 5/1/28
|
1,417
|
||||||
1,105
|
Moon Ind. Dev. Au. Rev. Ref. (Baptist Homes Society Obligated Group), Ser. 2015, 5.63%, due 7/1/30
|
1,153
|
||||||
3,430
|
Norristown Area Sch. Dist. Cert. of Participation (Installment Purchase), Ser. 2012, 4.50%, due 4/1/27
|
3,628
|
||||||
2,625
|
Pennsylvania Econ. Dev. Fin. Au. Exempt Facs. Rev. Ref. (Amtrak Proj.), Ser. 2012-A, 5.00%, due 11/1/24
|
3,007
|
||||||
Pennsylvania St. Turnpike Commission Rev.
|
||||||||
150
|
Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20
|
173
|
||||||
705
|
Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20
|
816
|
||||||
145
|
Subser. 2010-B2, 6.00%, due 12/1/34 Pre-Refunded 12/1/20
|
168
|
||||||
2,000
|
Susquehanna Area Reg. Arpt. Au. Sys. Rev., Ser. 2012-A, 5.00%, due 1/1/27
|
2,186
|
||||||
16,382
|
||||||||
Puerto Rico 0.7%
|
||||||||
2,020
|
Puerto Rico Commonwealth Ref. G.O. (Pub. Imp.), Ser. 2001-A, (National Public Finance Guarantee Corp. Insured), 5.50%, due 7/1/20
|
2,151
|
(d)
|
|||||
Tennessee 1.9%
|
||||||||
535
|
Bristol IDB Sales Tax Rev., Ser. 2016-B, 0.00%, due 12/1/22
|
424
|
(a)
|
|||||
2,705
|
Memphis-Shelby Co. Arpt. Au. Arpt. Rev., Ser. 2010-B, 5.50%, due 7/1/19
|
2,907
|
||||||
2,000
|
Tennessee St. Energy Acquisition Corp. Gas Rev. (Goldman Sachs Group, Inc.), Ser. 2006-A, 5.25%, due 9/1/23
|
2,343
|
||||||
5,674
|
||||||||
Texas 7.7%
|
||||||||
250
|
Anson Ed. Facs. Corp. Ed. Rev. (Arlington Classics Academy), Ser. 2016-A, 5.00%, due 8/15/45
|
251
|
||||||
Arlington Higher Ed. Fin. Corp. Rev. (Universal Academy)
|
||||||||
500
|
Ser. 2014-A, 5.88%, due 3/1/24
|
512
|
||||||
1,000
|
Ser. 2014-A, 6.63%, due 3/1/29
|
1,024
|
||||||
910
|
Clifton Higher Ed. Fin. Corp. Rev. (Uplift Ed.), Ser. 2013-A, 3.10%, due 12/1/22
|
927
|
||||||
250
|
Dallas Co. Flood Ctrl. Dist. Ref. G.O., Ser. 2015, 5.00%, due 4/1/28
|
267
|
(a)
|
|||||
2,000
|
Fort Bend Co. Ind. Dev. Corp. Rev. (NRG Energy, Inc.), Ser. 2012-B, 4.75%, due 11/1/42
|
2,042
|
||||||
500
|
Gulf Coast Ind. Dev. Au. Rev. (CITGO Petroleum Proj.), Ser. 1995, 4.88%, due 5/1/25
|
523
|
||||||
1,000
|
Harris Co. Cultural Ed. Facs. Fin. Corp. Rev. (Brazos Presbyterian Homes, Inc. Proj.), Ser. 2013-B, 5.75%, due 1/1/28
|
1,146
|
||||||
2,900
|
Harris Co. Toll Road Sr. Lien Rev., Ser. 2008-B, 5.00%, due 8/15/33 Pre-Refunded 8/15/18
|
3,019
|
||||||
Houston Higher Ed. Fin. Corp. Rev. (Cosmos Foundation)
|
||||||||
390
|
Ser. 2012-A, 4.00%, due 2/15/22
|
407
|
||||||
1,000
|
Ser. 2012-A, 5.00%, due 2/15/32
|
1,074
|
||||||
1,000
|
Houston Pub. Imp. Ref. G.O., Ser. 2008-A, 5.00%, due 3/1/20 Pre-Refunded 3/1/18
|
1,023
|
||||||
500
|
New Hope Cultural Ed. Facs. Fin. Corp. Retirement Fac. Ref. Rev. (Carillon Life Care Comm. Proj.), Ser. 2016, 5.00%, due 7/1/36
|
510
|
||||||
500
|
New Hope Cultural Ed. Facs. Fin. Corp. Sr. Living Rev. (Cardinal Bay, Inc. VIillage On The Park Carriage), Ser. 2016-C, 5.75%, due 7/1/51
|
537
|
||||||
3,000
|
North Texas Tollway Au. Dallas North Tollway Sys. Rev., Ser. 2005-C, 6.00%, due 1/1/23
|
3,204
|
||||||
|
3,000
|
Tender Option Bond Trust Receipts/Certs. Var. Sts. (Floaters), Ser. 2017-XM0531, (LOC: JP Morgan Chase), 0.99%, due 3/1/23
|
|
3,000
|
(a)(j)
|
|||
1,500
|
Texas Pub. Fin. Au. Rev. (So. Univ. Fin. Sys.), Ser. 2013, (BAM Insured), 5.00%, due 11/1/21
|
1,690
|
||||||
1,175
|
West Harris Co. Reg. Wtr. Au. Sys. Wtr. Rev., Ser. 2009, 5.00%, due 12/15/35
|
1,273
|
||||||
22,429
|
||||||||
Utah 3.1%
|
||||||||
Salt Lake City Arpt. Rev.
|
||||||||
1,000
|
Ser. 2017-A, 5.00%, due 7/1/42
|
1,143
|
||||||
2,000
|
Ser. 2017-A, 5.00%, due 7/1/47
|
2,276
|
||||||
3,000
|
Salt Lake Co. Hosp. Rev. (IHC Hlth. Svc., Inc.), Ser. 2001, (AMBAC Insured), 5.40%, due 2/15/28
|
3,585
|
||||||
1,200
|
Uintah Co. Muni. Bldg. Au. Lease Rev., Ser. 2008, 5.25%, due 6/1/20 Pre-Refunded 6/1/18
|
1,243
|
||||||
500
|
Utah Charter Sch. Fin. Au. Rev. (Spectrum Academy Proj.), Ser. 2015, 6.00%, due 4/15/45
|
515
|
(a)
|
|||||
Utah Hsg. Corp. Single Family Mtge. Rev.
|
||||||||
125
|
Ser. 2011-A2, Class I, 5.00%, due 7/1/20
|
133
|
||||||
115
|
Ser. 2011-A2, Class I, 5.25%, due 7/1/21
|
121
|
||||||
155
|
Ser. 2011-A2, Class I, 5.45%, due 7/1/22
|
163
|
||||||
9,179
|
||||||||
Vermont 3.1%
|
||||||||
Vermont Std. Assist. Corp. Ed. Loan Rev.
|
||||||||
1,600
|
Ser. 2012-A, 5.00%, due 6/15/21
|
1,758
|
||||||
415
|
Ser. 2013-A, 4.25%, due 6/15/24
|
441
|
||||||
990
|
Ser. 2013-A, 4.35%, due 6/15/25
|
1,050
|
||||||
1,470
|
Ser. 2013-A, 4.45%, due 6/15/26
|
1,556
|
||||||
480
|
Ser. 2013-A, 4.55%, due 6/15/27
|
507
|
||||||
1,800
|
Ser. 2014-A, 5.00%, due 6/15/24
|
2,057
|
||||||
1,540
|
Ser. 2015-A, 4.13%, due 6/15/27
|
1,600
|
||||||
8,969
|
||||||||
Virginia 0.4%
|
||||||||
1,000
|
Fairfax Co. Econ. Dev. Au. Residential Care Fac. Rev. (Vinson Hall LLC), Ser. 2013-A, 4.00%, due 12/1/22
|
1,041
|
||||||
Washington 4.3%
|
||||||||
1,600
|
Skagit Co. Pub. Hosp. Dist. Number 1 Ref. Rev., Ser. 2007, 5.63%, due 12/1/25 Pre-Refunded 12/1/17
|
1,625
|
||||||
6,700
|
Vancouver Downtown Redev. Au. Rev. (Conference Ctr. Proj.), Ser. 2013, 4.00%, due 1/1/28
|
6,911
|
||||||
1,250
|
Washington St. Econ. Dev. Fin. Au. Env. Facs. Rev. (Columbia Pulp I LLC Proj.), Ser. 2017-A, 7.50%, due 1/1/32
|
1,313
|
(a)(b)(k)
|
|||||
2,525
|
Washington St. Higher Ed. Fac. Au. Ref. Rev. (Whitworth Univ. Proj.), Ser. 2009, 5.38%, due 10/1/29 Pre-Refunded 10/1/19
|
2,756
|
||||||
12,605
|
||||||||
West Virginia 0.3%
|
||||||||
1,000
|
West Virginia Sch. Bldg. Au. Excess Lottery Rev., Ser. 2008, 5.00%, due 7/1/19 Pre-Refunded 7/1/18
|
1,034
|
||||||
Wisconsin 6.4%
|
||||||||
870
|
Pub. Fin. Au. Ed. Rev. (Pine Lake Preparatory, Inc.), Ser. 2015, 4.95%, due 3/1/30
|
882
|
(a)
|
|||||
200
|
Pub. Fin. Au. Ed. Rev. (Resh Triangle High Sch. Proj.), Ser. 2015-A, 5.38%, due 7/1/35
|
202
|
(a)
|
|||||
3,000
|
Pub. Fin. Au. Hsg. Rev. (Dogwood Hsg., Inc. Southeast Portfolio Proj.), Ser. 2016-A, 4.25%, due 12/1/51
|
2,879
|
||||||
500
|
Pub. Fin. Au. Hsg. Rev. (SAP Utah Portfolio), Ser. 2016-A, 3.75%, due 7/1/36
|
474
|
||||||
|
1,250
|
Pub. Fin. Au. Multi-Family Hsg. Rev. (Estates Crystal Bay & Woodhaven Park Apts. Proj.), Ser. 2016-A, 4.00%, due 12/1/36
|
|
1,254
|
||||
1,850
|
Pub. Fin. Au. Rev. Ref. (Roseman Univ. Hlth. Sciences Proj.), Ser. 2015, 5.00%, due 4/1/25
|
1,921
|
||||||
Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Beloit College)
|
||||||||
1,100
|
Ser. 2010-A, 6.13%, due 6/1/35 Pre-Refunded 6/1/20
|
1,253
|
||||||
1,225
|
Ser. 2010-A, 6.13%, due 6/1/39 Pre-Refunded 6/1/20
|
1,395
|
||||||
Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Marquette Univ.)
|
||||||||
1,340
|
Ser. 2008-B3, 5.00%, due 10/1/30 Pre-Refunded 12/23/19
|
1,463
|
||||||
3,660
|
Ser. 2008-B3, 5.00%, due 10/1/30
|
3,963
|
||||||
3,000
|
Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Meriter Hosp., Inc.), Ser. 2009, 5.63%, due 12/1/29 Pre-Refunded 12/1/18
|
3,184
|
||||||
18,870
|
||||||||
Total Municipal Notes (Cost $428,415)
|
468,185
|
|||||||
Tax Exempt Preferred 0.6%
|
||||||||
Real Estate 0.6%
|
||||||||
1,575
|
Munimae TE Bond Subsidiary LLC, 5.00%, due 4/30/28 (Cost $1,575)
|
1,622
|
(a)(b)
|
|||||
Total Investments 160.4% (Cost $429,990)
|
469,807
|
##
|
||||||
Other Assets Less Liabilities 0.8%
|
2,433
|
|||||||
Liquidation Value of Variable Rate Municipal Term Preferred Shares (net of unamortized deferred offering costs of approximately $109,000) (61.2)%
|
(179,291)
|
|||||||
Net Assets Applicable to Common Stockholders 100.0%
|
$292,949
|
(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 $46,542,000 which represents 15.9% 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)
|
Defaulted security.
|
|
(d)
|
All or a portion of this security is segregated in connection with obligations for when-issued securities with a total value of approximately $12,827,000.
|
|
(e)
|
Currently a zero coupon security; will convert to 5.50% on August 1, 2021.
|
|
(f)
|
Currently a zero coupon security; will convert to 6.38% on August 1, 2019.
|
|
(g)
|
Currently a zero coupon security; will convert to 6.13% on August 1, 2023.
|
|
(h)
|
Currently a zero coupon security; will convert to 6.88% on August 1, 2019.
|
|
(i)
|
Currently a zero coupon security; will convert to 7.30% on August 1, 2026.
|
|
(j)
|
Variable or floating rate security. The interest rate shown was the current rate as of July 31, 2017 and changes periodically.
|
|
(k)
|
When-issued security. Total value of all such securities at July 31, 2017 amounted to approximately $1,313,000, which represents 0.4% of net assets applicable to common stockholders of the Fund.
|
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)
|
$
|
—
|
$
|
468,185
|
$
|
—
|
$
|
468,185
|
||||||
Tax Exempt Preferred
|
—
|
1,622
|
—
|
1,622
|
||||||||||
Total Investments
|
$
|
—
|
$
|
469,807
|
$
|
—
|
$
|
469,807
|
• |
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
|