Portfolio of Investments (Unaudited)
|
|||||
Nuveen Connecticut Premium Income Municipal Fund (NTC)
|
|||||
August 31, 2010
|
|||||
Principal
|
Optional Call
|
||||
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
Consumer Staples – 1.6% (1.1% of Total Investments)
|
|||||
$ 1,305
|
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
|
5/12 at 100.00
|
BBB
|
$ 1,298,958
|
|
Series 2002, 5.375%, 5/15/33
|
|||||
Education and Civic Organizations – 38.7% (26.3% of Total Investments)
|
|||||
925
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Brunswick School,
|
7/13 at 100.00
|
A
|
940,808
|
|
Series 2003B, 5.000%, 7/01/33 – NPFG Insured
|
|||||
500
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Canterbury School,
|
7/16 at 100.00
|
N/R
|
489,315
|
|
Series 2006B, 5.000%, 7/01/36 – RAAI Insured
|
|||||
305
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Chase Collegiate
|
7/17 at 100.00
|
N/R
|
306,732
|
|
School, Series 2007A, 5.000%, 7/01/27 – RAAI Insured
|
|||||
1,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Fairfield University,
|
7/20 at 100.00
|
A–
|
1,048,230
|
|
Series 2010-O, 5.000%, 7/01/40
|
|||||
750
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Horace Bushnell
|
1/11 at 100.50
|
Baa1
|
756,053
|
|
Memorial Hall, Series 1999A, 5.625%, 7/01/29 – NPFG Insured
|
|||||
800
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Loomis Chaffee School,
|
No Opt. Call
|
A2
|
957,600
|
|
Series 2005F, 5.250%, 7/01/19 – AMBAC Insured
|
|||||
1,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University,
|
7/16 at 100.00
|
A–
|
1,032,590
|
|
Series 2006H, 5.000%, 7/01/36 – AMBAC Insured
|
|||||
1,595
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University,
|
7/17 at 100.00
|
A
|
1,718,118
|
|
Series 2007-I, 5.000%, 7/01/25 – NPFG Insured
|
|||||
270
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Renbrook School,
|
7/17 at 100.00
|
N/R
|
271,612
|
|
Series 2007A, 5.000%, 7/01/37 – AMBAC Insured
|
|||||
1,375
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Trinity College,
|
7/14 at 100.00
|
A+
|
1,538,873
|
|
Series 2004H, 5.000%, 7/01/21 – NPFG Insured
|
|||||
2,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, University of
|
7/12 at 101.00
|
BBB–
|
1,992,120
|
|
Hartford, Series 2002E, 5.250%, 7/01/32 – RAAI Insured
|
|||||
1,050
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, University of
|
7/16 at 100.00
|
BBB–
|
1,020,989
|
|
Hartford, Series 2006G, 5.250%, 7/01/36 – RAAI Insured
|
|||||
800
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Wesleyan University,
|
7/20 at 100.00
|
AA
|
879,840
|
|
Series 2010G, 5.000%, 7/01/35
|
|||||
1,500
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University,
|
7/13 at 100.00
|
AAA
|
1,567,425
|
|
Series 2003X-1, 5.000%, 7/01/42 (UB)
|
|||||
3,550
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University,
|
7/16 at 100.00
|
AAA
|
3,814,049
|
|
Series 2007Z-1, 5.000%, 7/01/42 (UB)
|
|||||
6,150
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University,
|
7/17 at 100.00
|
AAA
|
6,695,376
|
|
Series 2007Z-3, 5.050%, 7/01/42 (UB)
|
|||||
245
|
Connecticut Higher Education Supplemental Loan Authority, Revenue Bonds, Family Education Loan
|
11/10 at 101.00
|
AAA
|
250,380
|
|
Program, Series 1999A, 6.000%, 11/15/18 – AMBAC Insured (Alternative Minimum Tax)
|
|||||
610
|
Connecticut Higher Education Supplemental Loan Authority, Revenue Bonds, Family Education Loan
|
11/11 at 100.00
|
Aa2
|
622,609
|
|
Program, Series 2001A, 5.250%, 11/15/18 – NPFG Insured (Alternative Minimum Tax)
|
|||||
1,000
|
University of Connecticut, General Obligation Bonds, Series 2004A, 5.000%, 1/15/18 –
|
1/14 at 100.00
|
AA
|
1,107,000
|
|
NPFG Insured
|
|||||
1,220
|
University of Connecticut, General Obligation Bonds, Series 2005A, 5.000%, 2/15/17 –
|
2/15 at 100.00
|
AAA
|
1,415,310
|
|
AGM Insured
|
|||||
685
|
University of Connecticut, General Obligation Bonds, Series 2006A, 5.000%, 2/15/23 –
|
2/16 at 100.00
|
AA
|
766,741
|
|
FGIC Insured
|
|||||
535
|
University of Connecticut, General Obligation Bonds, Series 2010A, 5.000%, 2/15/28
|
2/20 at 100.00
|
AA
|
613,736
|
|
225
|
University of Connecticut, Student Fee Revenue Bonds, Refunding Series 2010A, 5.000%, 11/15/27
|
11/19 at 100.00
|
Aa2
|
258,901
|
|
1,000
|
University of Connecticut, Student Fee Revenue Refunding Bonds, Series 2002A, 5.250%,
|
11/12 at 101.00
|
Aa2
|
1,107,020
|
|
11/15/19 – FGIC Insured
|
|||||
29,090
|
Total Education and Civic Organizations
|
31,171,427
|
|||
Health Care – 15.2% (10.3% of Total Investments)
|
|||||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Bristol Hospital,
|
|||||
Series 2002B:
|
|||||
500
|
5.500%, 7/01/21 – RAAI Insured
|
7/12 at 101.00
|
N/R
|
497,945
|
|
700
|
5.500%, 7/01/32 – RAAI Insured
|
7/12 at 101.00
|
N/R
|
684,285
|
|
645
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Eastern Connecticut
|
7/11 at 100.00
|
N/R
|
648,057
|
|
Health Network, Series 2000A, 6.000%, 7/01/25 – RAAI Insured
|
|||||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Griffin Hospital,
|
|||||
Series 2005B:
|
|||||
800
|
5.000%, 7/01/20 – RAAI Insured
|
7/15 at 100.00
|
N/R
|
811,944
|
|
500
|
5.000%, 7/01/23 – RAAI Insured
|
7/15 at 100.00
|
N/R
|
499,495
|
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hospital For Special
|
|||||
Care, Series 2007C:
|
|||||
385
|
5.250%, 7/01/32 – RAAI Insured
|
7/17 at 100.00
|
BBB–
|
377,134
|
|
150
|
5.250%, 7/01/37 – RAAI Insured
|
7/17 at 100.00
|
BBB–
|
144,353
|
|
2,620
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital,
|
7/16 at 100.00
|
Aa3
|
2,711,543
|
|
Series 2006, 5.000%, 7/01/32 – AGM Insured
|
|||||
1,395
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven
|
7/16 at 100.00
|
Aa3
|
1,453,227
|
|
Hospital, Series 2006J-1, 5.000%, 7/01/31 – AMBAC Insured
|
|||||
3,000
|
Connecticut Health and Educational Facilities Authority, Revenue Refunding Bonds, Middlesex
|
1/11 at 100.00
|
A2
|
3,000,180
|
|
Health Services, Series 1997H, 5.125%, 7/01/27 – NPFG Insured
|
|||||
1,000
|
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Ascension Health
|
11/19 at 100.00
|
Aa1
|
1,055,020
|
|
Series 2010A, 5.000%, 11/15/40
|
|||||
350
|
Connecticut Health and Eductaional Facilities Authority, Revenue Bonds, Catholic Health East
|
11/20 at 100.00
|
A1
|
362,880
|
|
Series 2010, 4.750%, 11/15/29
|
|||||
12,045
|
Total Health Care
|
12,246,063
|
|||
Housing/Multifamily – 2.5% (1.7% of Total Investments)
|
|||||
1,000
|
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 1999D-2,
|
12/10 at 100.00
|
AAA
|
1,001,020
|
|
6.200%, 11/15/41 (Alternative Minimum Tax)
|
|||||
960
|
Connecticut Housing Finance Authority, Multifamily Housing Mortgage Finance Program Bonds,
|
11/15 at 100.00
|
AAA
|
970,061
|
|
Series 2006G-2, 4.800%, 11/15/27 (Alternative Minimum Tax)
|
|||||
1,960
|
Total Housing/Multifamily
|
1,971,081
|
|||
Housing/Single Family – 9.7% (6.6% of Total Investments)
|
|||||
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2001C:
|
|||||
1,000
|
5.300%, 11/15/33 (Alternative Minimum Tax)
|
11/10 at 100.00
|
AAA
|
1,000,890
|
|
500
|
5.450%, 11/15/43 (Alternative Minimum Tax)
|
11/10 at 100.00
|
AAA
|
500,510
|
|
1,675
|
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2004-A5,
|
5/13 at 100.00
|
AAA
|
1,710,091
|
|
5.050%, 11/15/34
|
|||||
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2006-A1:
|
|||||
205
|
4.700%, 11/15/26 (Alternative Minimum Tax)
|
11/15 at 100.00
|
AAA
|
206,587
|
|
220
|
4.800%, 11/15/31 (Alternative Minimum Tax)
|
11/15 at 100.00
|
AAA
|
220,486
|
|
2,045
|
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2006D,
|
5/16 at 100.00
|
AAA
|
2,122,137
|
|
4.650%, 11/15/27
|
|||||
2,000
|
Connecticut Housing Finance Authority, Single Family Housing Mortgage Finance Program Bonds,
|
11/19 at 100.00
|
AAA
|
2,059,180
|
|
Series 2010-A2, 4.500%, 11/15/30
|
|||||
7,645
|
Total Housing/Single Family
|
7,819,881
|
|||
Long-Term Care – 3.6% (2.4% of Total Investments)
|
|||||
320
|
Connecticut Development Authority, First Mortgage Gross Revenue Refunding Healthcare Bonds,
|
10/10 at 100.00
|
BBB–
|
320,544
|
|
Church Homes Inc. – Congregational Avery Heights, Series 1997, 5.700%, 4/01/12
|
|||||
540
|
Connecticut Development Authority, First Mortgage Gross Revenue Refunding Healthcare Bonds,
|
9/10 at 101.00
|
BBB–
|
545,972
|
|
Connecticut Baptist Homes Inc., Series 1999, 5.500%, 9/01/15 – RAAI Insured
|
|||||
Connecticut Development Authority, Revenue Refunding Bonds, Duncaster Inc., Series 1999A:
|
|||||
1,000
|
5.250%, 8/01/19 – RAAI Insured
|
2/11 at 101.00
|
BBB
|
1,011,150
|
|
1,000
|
5.375%, 8/01/24 – RAAI Insured
|
2/11 at 101.00
|
BBB
|
1,008,630
|
|
2,860
|
Total Long-Term Care
|
2,886,296
|
|||
Tax Obligation/General – 20.8% (14.2% of Total Investments)
|
|||||
750
|
Bridgeport, Connecticut, General Obligation Refunding Bonds, Series 2002A, 5.375%, 8/15/19 –
|
8/12 at 100.00
|
A1
|
788,745
|
|
FGIC Insured
|
|||||
1,110
|
Connecticut State, General Obligation Bonds, Series 2004C, 5.000%, 4/01/23 – FGIC Insured
|
4/14 at 100.00
|
AA
|
1,235,164
|
|
2,000
|
Connecticut State, General Obligation Bonds, Series 2006A, 4.750%, 12/15/24
|
12/16 at 100.00
|
AA
|
2,221,680
|
|
1,300
|
Connecticut State, General Obligation Bonds, Series 2006C, 5.000%, 6/01/23 – AGM Insured
|
6/16 at 100.00
|
AAA
|
1,472,042
|
|
500
|
Connecticut State, General Obligation Bonds, Series 2006E, 5.000%, 12/15/20
|
12/16 at 100.00
|
AA
|
587,860
|
|
Hartford, Connecticut, General Obligation Bonds, Series 2005A:
|
|||||
775
|
5.000%, 8/01/20 – AGM Insured
|
8/15 at 100.00
|
AAA
|
884,128
|
|
525
|
4.375%, 8/01/24 – AGM Insured
|
8/15 at 100.00
|
AAA
|
554,143
|
|
500
|
New Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 11/01/17 – AMBAC Insured
|
11/16 at 100.00
|
A1
|
575,975
|
|
500
|
North Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 7/15/24
|
No Opt. Call
|
Aa1
|
625,390
|
|
1,860
|
Puerto Rico, General Obligation and Public Improvement Bonds, Series 2002A, 5.500%, 7/01/20 –
|
No Opt. Call
|
A
|
2,089,710
|
|
NPFG Insured
|
|||||
1,420
|
Regional School District 16, Connecticut, General Obligation Bonds, Series 2003, 5.000%,
|
3/13 at 101.00
|
A1
|
1,564,229
|
|
3/15/16 – AMBAC Insured
|
|||||
Suffield, Connecticut, General Obligation Bonds, Series 2005:
|
|||||
465
|
5.000%, 6/15/17
|
No Opt. Call
|
AA+
|
566,179
|
|
460
|
5.000%, 6/15/19
|
No Opt. Call
|
AA+
|
570,119
|
|
1,000
|
5.000%, 6/15/21
|
No Opt. Call
|
AA+
|
1,250,240
|
|
1,500
|
West Hartford, Connecticut, General Obligation Bonds, Series 2005B, 5.000%, 10/01/18
|
10/15 at 100.00
|
AAA
|
1,766,880
|
|
14,665
|
Total Tax Obligation/General
|
16,752,484
|
|||
Tax Obligation/Limited – 25.4% (17.3% of Total Investments)
|
|||||
380
|
Capitol Region Education Council, Connecticut, Revenue Bonds, Series 1995, 6.700%, 10/15/10
|
No Opt. Call
|
BBB
|
381,516
|
|
Connecticut Health and Educational Facilities Authority, Child Care Facilities Program Revenue
|
|||||
Bonds, Series 2006F:
|
|||||
1,300
|
5.000%, 7/01/31 – AGC Insured
|
7/16 at 100.00
|
AAA
|
1,374,945
|
|
1,000
|
5.000%, 7/01/36 – AGC Insured
|
7/16 at 100.00
|
AAA
|
1,047,010
|
|
1,945
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Child Care Facilities
|
1/11 at 101.00
|
N/R
|
1,957,409
|
|
Program, Series 1999C, 5.625%, 7/01/29 – AMBAC Insured
|
|||||
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 2002B:
|
|||||
2,000
|
5.000%, 12/01/20 – AMBAC Insured
|
12/12 at 100.00
|
AA
|
2,165,980
|
|
1,000
|
5.000%, 12/01/21 – AMBAC Insured
|
12/12 at 100.00
|
AA
|
1,081,830
|
|
500
|
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Bonds, Series 2003B,
|
1/14 at 100.00
|
AA
|
552,555
|
|
5.000%, 1/01/23 – FGIC Insured
|
|||||
1,750
|
Connecticut, Special Tax Obligation Transportation Infrastructure Purpose Revenue Bonds,
|
8/17 at 100.00
|
AA
|
1,945,738
|
|
Series 2007A, 5.000%, 8/01/27 – AMBAC Insured
|
|||||
1,100
|
Harbor Point Infrastructure Improvement District, Connecticut, Special Obligation Revenue
|
4/20 at 100.00
|
N/R
|
1,191,278
|
|
Bonds, Harbor Point Project, Series 2010A, 7.875%, 4/01/39
|
|||||
Puerto Rico Infrastructure Financing Authority, Special Tax Revenue Bonds, Series 2005A:
|
|||||
960
|
0.000%, 7/01/32 – FGIC Insured
|
No Opt. Call
|
A3
|
250,656
|
|
2,615
|
0.000%, 7/01/33 – FGIC Insured
|
No Opt. Call
|
A3
|
635,550
|
|
2,000
|
Puerto Rico Municipal Finance Agency, Series 2002A, 5.250%, 8/01/21 – AGM Insured
|
8/12 at 100.00
|
AAA
|
2,136,720
|
|
2,400
|
Puerto Rico Municipal Finance Agency, Series 2005C, 5.000%, 8/01/16 – AGM Insured
|
8/15 at 100.00
|
AAA
|
2,674,968
|
|
975
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
2/20 at 100.00
|
A+
|
1,029,893
|
|
2010A, 5.375%, 8/01/39
|
|||||
1,000
|
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 2003, 5.250%,
|
10/14 at 100.00
|
AAA
|
1,088,250
|
|
10/01/19 – AGM Insured
|
|||||
895
|
Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Senior Lien
|
10/20 at 100.00
|
BBB
|
924,320
|
|
Series 2010A, 5.000%, 10/01/29
|
|||||
21,820
|
Total Tax Obligation/Limited
|
20,438,618
|
|||
Transportation – 0.9% (0.6% of Total Investments)
|
|||||
750
|
Connecticut, General Airport Revenue Bonds, Bradley International Airport, Series 2001A,
|
4/11 at 101.00
|
A
|
761,010
|
|
5.125%, 10/01/26 – NPFG Insured (Alternative Minimum Tax)
|
|||||
U.S. Guaranteed – 9.1% (6.2% of Total Investments) (4)
|
|||||
650
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Loomis Chaffee School,
|
7/11 at 101.00
|
N/R (4)
|
684,509
|
|
Series 2001D, 5.500%, 7/01/23 (Pre-refunded 7/01/11)
|
|||||
40
|
Connecticut, General Obligation Bonds, Series 1993E, 6.000%, 3/15/12 (ETM)
|
No Opt. Call
|
AA (4)
|
43,542
|
|
1,500
|
Connecticut, General Obligation Bonds, Series 2002B, 5.500%, 6/15/21 (Pre-refunded 6/15/12)
|
6/12 at 100.00
|
AA (4)
|
1,638,450
|
|
600
|
Guam Economic Development Authority, Tobacco Settlement Asset-Backed Bonds, Series 2001B,
|
5/11 at 100.00
|
N/R (4)
|
621,558
|
|
5.500%, 5/15/41 (Pre-refunded 5/15/11)
|
|||||
1,000
|
Puerto Rico Infrastructure Financing Authority, Special Obligation Bonds, Series 2000A,
|
10/10 at 101.00
|
AAA
|
1,014,420
|
|
5.500%, 10/01/40 (Pre-refunded 10/01/10)
|
|||||
1,100
|
University of Connecticut, General Obligation Bonds, Series 2003A, 5.125%, 2/15/21
|
2/13 at 100.00
|
AA (4)
|
1,227,303
|
|
(Pre-refunded 2/15/13) – NPFG Insured
|
|||||
1,000
|
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 1999A, 6.500%,
|
10/10 at 101.00
|
BBB+ (4)
|
1,015,180
|
|
10/01/24 (Pre-refunded 10/01/10)
|
|||||
1,000
|
Waterbury, Connecticut, General Obligation Bonds, Series 2002A, 5.375%, 4/01/17 (Pre-refunded
|
4/12 at 100.00
|
AAA
|
1,080,020
|
|
4/01/12) – AGM Insured
|
|||||
6,890
|
Total U.S. Guaranteed
|
7,324,982
|
|||
Utilities – 8.2% (5.6% of Total Investments)
|
|||||
1,150
|
Bristol Resource Recovery Facility Operating Committee, Connecticut, Solid Waste Revenue
|
No Opt. Call
|
A+
|
1,240,356
|
|
Bonds, Covanta Bristol Inc., Series 2005, 5.000%, 7/01/12 – AMBAC Insured
|
|||||
1,000
|
Connecticut Development Authority, Pollution Control Revenue Refunding Bonds, Connecticut
|
10/10 at 101.00
|
Baa1
|
1,011,580
|
|
Light and Power Company, Series 1993A, 5.850%, 9/01/28
|
|||||
1,070
|
Connecticut Development Authority, Solid Waste Disposal Facilities Revenue Bonds, PSEG Power
|
11/12 at 100.00
|
Baa1
|
1,079,641
|
|
LLC Project, Series 2007A, 5.750%, 11/01/37 (Alternative Minimum Tax)
|
|||||
1,750
|
Connecticut Resource Recovery Authority, Revenue Bonds, American Ref-Fuel Company of
|
12/11 at 102.00
|
Ba1
|
1,756,073
|
|
Southeastern Connecticut LP, Series 1998A-I, 5.500%, 11/15/15 (Alternative Minimum Tax)
|
|||||
Eastern Connecticut Resource Recovery Authority, Solid Waste Revenue Bonds, Wheelabrator
|
|||||
Lisbon Project, Series 1993A:
|
|||||
260
|
5.500%, 1/01/14 (Alternative Minimum Tax)
|
1/11 at 100.00
|
BBB
|
260,853
|
|
1,290
|
5.500%, 1/01/20 (Alternative Minimum Tax)
|
1/11 at 100.00
|
BBB
|
1,289,948
|
|
6,520
|
Total Utilities
|
6,638,451
|
|||
Water and Sewer – 11.3% (7.7% of Total Investments)
|
|||||
500
|
Connecticut Development Authority, Water Facility Revenue Bonds, Aquarion Water Company
|
9/17 at 100.00
|
N/R
|
475,745
|
|
Project, Series 2007, 5.100%, 9/01/37 – SYNCORA GTY Insured (Alternative Minimum Tax)
|
|||||
1,185
|
Connecticut, State Revolving Fund General Revenue Bonds, Series 2003A, 5.000%, 10/01/16
|
10/13 at 100.00
|
AAA
|
1,332,023
|
|
Greater New Haven Water Pollution Control Authority, Connecticut, Regional Wastewater System
|
|||||
Revenue Bonds, Series 2005A:
|
|||||
1,520
|
5.000%, 11/15/30 – NPFG Insured
|
11/15 at 100.00
|
A1
|
1,591,425
|
|
2,260
|
5.000%, 8/15/35 – NPFG Insured
|
11/15 at 100.00
|
A1
|
2,335,077
|
|
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, Eighteenth
|
|||||
Series 2003A:
|
|||||
1,000
|
5.000%, 8/01/20 – NPFG Insured
|
8/13 at 100.00
|
Aa3
|
1,064,130
|
|
1,075
|
5.000%, 8/01/33 – NPFG Insured
|
8/13 at 100.00
|
Aa3
|
1,103,982
|
|
1,100
|
Stamford, Connecticut, Water Pollution Control System and Facility Revenue Bonds, Series
|
11/13 at 100.00
|
AA+
|
1,197,220
|
|
2003A, 5.000%, 11/15/32
|
|||||
8,640
|
Total Water and Sewer
|
9,099,602
|
|||
$ 114,190
|
Total Investments (cost $113,411,629) – 147.0%
|
118,408,853
|
|||
Floating Rate Obligations – (9.9)%
|
(7,965,000)
|
||||
MuniFund Term Preferred Shares, at Liquidation Value – (22.7)% (5)
|
(18,300,000)
|
||||
Other Assets Less Liabilities – 5.1%
|
4,117,480
|
||||
Auction Rate Preferred Shares, at Liquidation Value – (19.5)% (5)
|
(15,725,000)
|
||||
Net Assets Applicable to Common Shares – 100%
|
$ 80,536,333
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Investments:
|
||||
Municipal Bonds
|
$ —
|
$118,408,853
|
$ —
|
$118,408,853
|
Gross unrealized:
|
|
Appreciation
|
$5,664,139
|
Depreciation
|
(726,735)
|
Net unrealized appreciation (depreciation) of investments
|
$4,937,404
|
(1)
|
All percentages shown in the Portfolio of Investments are based on net assets applicable to Common
|
shares unless otherwise noted.
|
|
(2)
|
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption.
|
There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities
|
|
may be subject to periodic principal paydowns.
|
|
(3)
|
Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investor Service, Inc.
|
(“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB
|
|
by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of
|
|
these national rating agencies.
|
|
(4)
|
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities,
|
which ensure the timely payment of principal and interest. Such investments are normally considered to
|
|
be equivalent to AAA rated securities.
|
|
(5)
|
MuniFund Term Preferred Shares and Auction Rate Preferred Shares, at Liquidation Value as a percentage
|
of Total Investments are 15.5% and 13.3%, respectively.
|
|
N/R
|
Not rated.
|
(ETM)
|
Escrowed to maturity.
|
(UB)
|
Underlying bond of an inverse floating rate trust reflected as a financing transaction.
|
a.
|
The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
|
b.
|
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
|