Portfolio of Investments
|
|||||
Nuveen Connecticut Premium Income Municipal Fund (NTC)
|
|||||
August 31, 2015 (Unaudited)
|
|||||
Principal
|
Optional Call
|
||||
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
LONG-TERM INVESTMENTS – 161.4% (100.0% of Total Investments)
|
|||||
MUNICIPAL BONDS – 161.4% (100.0% of Total Investments)
|
|||||
Consumer Staples – 1.4% (0.9% of Total Investments)
|
|||||
$ 3,010
|
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
|
11/15 at 100.00
|
BBB+
|
$ 3,021,528
|
|
Series 2002, 5.375%, 5/15/33
|
|||||
Education and Civic Organizations – 32.0% (19.8% of Total Investments)
|
|||||
840
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Chase Collegiate
|
7/17 at 100.00
|
AA
|
873,995
|
|
School, Series 2007A, 5.000%, 7/01/27 – RAAI Insured
|
|||||
1,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Connecticut College,
|
7/17 at 100.00
|
AA–
|
1,019,710
|
|
Series 2007G, 4.500%, 7/01/37 – NPFG Insured
|
|||||
1,150
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Connecticut College,
|
7/21 at 100.00
|
A2
|
1,247,198
|
|
Series 2011H, 5.000%, 7/01/41
|
|||||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Fairfield University,
|
|||||
Series 2010-O:
|
|||||
800
|
5.000%, 7/01/35
|
7/20 at 100.00
|
A–
|
894,952
|
|
4,000
|
5.000%, 7/01/40
|
7/20 at 100.00
|
A–
|
4,428,440
|
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Loomis Chaffee School,
|
|||||
Series 2005F:
|
|||||
440
|
5.250%, 7/01/18 – AMBAC Insured
|
No Opt. Call
|
A2
|
489,227
|
|
1,510
|
5.250%, 7/01/19 – AMBAC Insured
|
No Opt. Call
|
A2
|
1,721,355
|
|
1,125
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Norwich Free Academy,
|
7/23 at 100.00
|
A1
|
1,158,536
|
|
Series 2013B, 4.000%, 7/01/34
|
|||||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University,
|
|||||
Series 2015L:
|
|||||
2,000
|
5.000%, 7/01/36 (WI/DD, Settling 9/22/15)
|
7/25 at 100.00
|
A–
|
2,202,200
|
|
3,000
|
5.000%, 7/01/45 (WI/DD, Settling 9/22/15)
|
7/25 at 100.00
|
A–
|
3,254,460
|
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Sacred Heart
|
|||||
University, Series 2011G:
|
|||||
250
|
5.125%, 7/01/26
|
7/21 at 100.00
|
BBB+
|
271,738
|
|
3,260
|
5.625%, 7/01/41
|
7/21 at 100.00
|
BBB+
|
3,536,513
|
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Sacred Heart
|
|||||
University, Series 2012H:
|
|||||
1,500
|
5.000%, 7/01/26 – AGM Insured
|
7/22 at 100.00
|
AA
|
1,670,340
|
|
1,000
|
5.000%, 7/01/28 – AGM Insured
|
7/22 at 100.00
|
AA
|
1,100,630
|
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, The Loomis Chaffee
|
|||||
School Issue, Series 2011-I:
|
|||||
560
|
5.000%, 7/01/23 – AGM Insured
|
7/21 at 100.00
|
A2
|
629,714
|
|
225
|
5.000%, 7/01/24 – AGM Insured
|
7/21 at 100.00
|
A2
|
256,464
|
|
4,140
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Wesleyan University,
|
7/20 at 100.00
|
AA
|
4,683,913
|
|
Series 2010G, 5.000%, 7/01/35
|
|||||
9,950
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University,
|
7/16 at 100.00
|
AAA
|
10,253,177
|
|
Series 2007Z-1, 5.000%, 7/01/42 (UB)
|
|||||
17,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale University,
|
7/17 at 100.00
|
AAA
|
18,136,620
|
|
Series 2007Z-3, 5.050%, 7/01/42 (UB) (4)
|
|||||
5,580
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Connecticut State
|
11/23 at 100.00
|
AA
|
6,391,499
|
|
University System, Series 2013N, 5.000%, 11/01/31
|
|||||
515
|
University of Connecticut, Student Fee Revenue Bonds, Refunding Series 2010A, 5.000%, 11/15/27
|
11/19 at 100.00
|
Aa2
|
582,074
|
|
1,500
|
University of Connecticut, Student Fee Revenue Bonds, Refunding Series 2012A, 5.000%, 11/15/29
|
No Opt. Call
|
Aa2
|
1,738,845
|
|
61,345
|
Total Education and Civic Organizations
|
66,541,600
|
|||
Health Care – 33.5% (20.8% of Total Investments)
|
|||||
3,200
|
Connecticut Health and Educational Facilities Authority Revenue Bonds, Hartford HealthCare,
|
7/25 at 100.00
|
A
|
3,470,080
|
|
Series 2015F, 5.000%, 7/01/45
|
|||||
4,540
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Ascension Health
|
11/19 at 100.00
|
AA+
|
4,994,091
|
|
Series 2010A, 5.000%, 11/15/40
|
|||||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Bristol Hospital,
|
|||||
Series 2002B:
|
|||||
660
|
5.500%, 7/01/21 – RAAI Insured
|
11/15 at 100.00
|
AA
|
661,742
|
|
3,000
|
5.500%, 7/01/32 – RAAI Insured
|
11/15 at 100.00
|
AA
|
3,004,320
|
|
1,010
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Catholic Health East
|
11/20 at 100.00
|
AA
|
1,093,032
|
|
Series 2010, 4.750%, 11/15/29
|
|||||
200
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Danbury Hospital,
|
1/16 at 100.00
|
A
|
200,226
|
|
Series 2006H, 4.500%, 7/01/33 – AMBAC Insured
|
|||||
20
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Eastern Connecticut
|
11/15 at 100.00
|
AA
|
20,065
|
|
Health Network, Series 2000A, 6.125%, 7/01/20 – RAAI Insured
|
|||||
840
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Eastern Connecticut
|
11/15 at 100.00
|
AA
|
841,285
|
|
Health Network, Series 2005, 5.000%, 7/01/25 – RAAI Insured
|
|||||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Griffin Hospital,
|
|||||
Series 2005B:
|
|||||
2,400
|
5.000%, 7/01/20 – RAAI Insured
|
11/15 at 100.00
|
A3
|
2,405,616
|
|
1,050
|
5.000%, 7/01/23 – RAAI Insured
|
11/15 at 100.00
|
A3
|
1,051,848
|
|
7,025
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare,
|
7/21 at 100.00
|
A
|
7,609,058
|
|
Series 2011A, 5.000%, 7/01/41
|
|||||
500
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare,
|
No Opt. Call
|
A
|
545,620
|
|
Series 2014E, 5.000%, 7/01/42
|
|||||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hospital For Special
|
|||||
Care, Series 2007C:
|
|||||
1,065
|
5.250%, 7/01/32 – RAAI Insured
|
7/17 at 100.00
|
AA
|
1,123,809
|
|
300
|
5.250%, 7/01/37 – RAAI Insured
|
7/17 at 100.00
|
AA
|
315,678
|
|
2,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Lawrence and Memorial
|
7/21 at 100.00
|
A
|
2,171,800
|
|
Hospitals, Series 2011F, 5.000%, 7/01/36
|
|||||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital,
|
|||||
Series 2011N:
|
|||||
1,105
|
5.000%, 7/01/25
|
7/21 at 100.00
|
A2
|
1,223,047
|
|
400
|
5.000%, 7/01/26
|
7/21 at 100.00
|
A2
|
441,044
|
|
500
|
5.000%, 7/01/27
|
7/21 at 100.00
|
A2
|
549,065
|
|
1,915
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital,
|
7/25 at 100.00
|
A2
|
2,114,409
|
|
Series 2015O, 5.000%, 7/01/36
|
|||||
1,275
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital,
|
7/20 at 10.00
|
A
|
1,403,966
|
|
Series 2010-I, 5.000%, 7/01/30
|
|||||
7,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Stamford Hospital,
|
7/22 at 100.00
|
A
|
7,464,100
|
|
Series 2012J, 5.000%, 7/01/42
|
|||||
3,905
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Western Connecticut
|
7/21 at 100.00
|
A
|
4,321,742
|
|
Health, Series 2011M, 5.375%, 7/01/41
|
|||||
4,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Western Connecticut
|
7/21 at 100.00
|
A
|
4,392,480
|
|
Health, Series 2011N, 5.000%, 7/01/29
|
|||||
2,700
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven Health
|
AA
|
2,811,483
|
||
Issue, Series 2014E:
|
|||||
2,610
|
5.000%, 7/01/32
|
7/24 at 100.00
|
Aa3
|
2,947,473
|
|
2,740
|
5.000%, 7/01/33
|
7/24 at 100.00
|
Aa3
|
3,080,856
|
|
900
|
5.000%, 7/01/34
|
7/24 at 100.00
|
Aa3
|
1,009,773
|
|
7,475
|
Monroe County Industrial Development Corporation, New York, FHA Insured Mortgage Revenue
|
2/21 at 100.00
|
AA
|
8,680,717
|
|
Bonds, Unity Hospital of Rochester Project, Series 2010, 5.500%, 8/15/40
|
|||||
64,335
|
Total Health Care
|
69,948,425
|
|||
Housing/Single Family – 3.1% (1.9% of Total Investments)
|
|||||
115
|
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2006-A1,
|
11/15 at 100.00
|
AAA
|
115,198
|
|
4.800%, 11/15/31 (Alternative Minimum Tax)
|
|||||
3,900
|
Connecticut Housing Finance Authority, Housing Mortgage Finance Program Bonds, Series 2006D,
|
5/16 at 100.00
|
AAA
|
3,945,474
|
|
4.650%, 11/15/27
|
|||||
Connecticut Housing Finance Authority, Single Family Housing Mortgage Finance Program Bonds,
|
|||||
Series 2010-A2:
|
|||||
830
|
4.500%, 11/15/30
|
11/19 at 100.00
|
AAA
|
862,163
|
|
1,500
|
4.750%, 11/15/35
|
11/19 at 100.00
|
AAA
|
1,557,780
|
|
6,345
|
Total Housing/Single Family
|
6,480,615
|
|||
Long-Term Care – 2.5% (1.5% of Total Investments)
|
|||||
1,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Duncaster, Inc.,
|
8/24 at 100.00
|
BBB–
|
997,680
|
|
Series 2014A, 5.000%, 8/01/44
|
|||||
1,500
|
Connecticut Housing Finance Authority, Special Needs Housing Mortgage Finance Program Special
|
11/15 at 100.00
|
N/R
|
1,500,930
|
|
Obligation Bonds, Series 2002SNH-1, 5.000%, 6/15/32 – AMBAC Insured
|
|||||
1,380
|
Connecticut Housing Finance Authority, State Supported Special Obligation Bonds, Refunding
|
6/20 at 100.00
|
AA
|
1,476,752
|
|
Series 2010-16, 5.000%, 6/15/30
|
|||||
1,125
|
Connecticut State Development Authority, Health Facilities Revenue Bonds, Alzheimer’s Resource
|
8/17 at 100.00
|
N/R
|
1,153,643
|
|
Center of Connecticut, Inc., Series 2007, 5.500%, 8/15/27
|
|||||
5,005
|
Total Long-Term Care
|
5,129,005
|
|||
Tax Obligation/General – 26.8% (16.6% of Total Investments)
|
|||||
Bridgeport, Connecticut, General Obligation Bonds, Series 2014A:
|
|||||
2,345
|
5.000%, 7/01/32 – AGM Insured
|
7/24 at 100.00
|
AA
|
2,655,877
|
|
1,600
|
5.000%, 7/01/34 – AGM Insured
|
7/24 at 100.00
|
AA
|
1,806,880
|
|
5,100
|
Connecticut State, General Obligation Bonds, Green Series 2014G, 5.000%, 11/15/31
|
11/24 at 100.00
|
AA
|
5,835,471
|
|
Connecticut State, General Obligation Bonds, Refunding Series 2012E:
|
|||||
1,425
|
5.000%, 9/15/30
|
9/22 at 100.00
|
AA
|
1,626,937
|
|
2,290
|
5.000%, 9/15/32
|
9/22 at 100.00
|
AA
|
2,605,104
|
|
3,500
|
Connecticut State, General Obligation Bonds, Series 2006A, 4.750%, 12/15/24
|
12/16 at 100.00
|
AA
|
3,692,675
|
|
2,100
|
Connecticut State, General Obligation Bonds, Series 2006E, 5.000%, 12/15/20
|
12/16 at 10.00
|
AA
|
2,225,454
|
|
Connecticut State, General Obligation Bonds, Series 2011D:
|
|||||
1,430
|
5.000%, 11/01/18
|
No Opt. Call
|
AA
|
1,602,101
|
|
1,000
|
5.000%, 11/01/31
|
11/21 at 100.00
|
AA
|
1,141,220
|
|
2,600
|
Connecticut State, General Obligation Bonds, Series 2014A, 5.000%, 3/01/31
|
3/24 at 100.00
|
AA
|
2,950,038
|
|
3,500
|
Connecticut State, General Obligation Bonds, Series 2014F, 5.000%, 11/15/34
|
11/24 at 100.00
|
AA
|
3,965,920
|
|
1,000
|
Hartford, Connecticut, General Obligation Bonds, Refunding Series 2013A, 5.000%, 4/01/31
|
4/23 at 100.00
|
AA–
|
1,115,330
|
|
870
|
Hartford, Connecticut, General Obligation Bonds, Series 2009A, 5.000%, 8/15/28
|
8/19 at 100.00
|
AA
|
960,576
|
|
2,000
|
Hartford, Connecticut, General Obligation Bonds, Series 2013B, 5.000%, 4/01/33
|
4/23 at 100.00
|
AA–
|
2,239,220
|
|
2,150
|
New Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 11/01/17 – AMBAC Insured
|
11/16 at 100.00
|
A–
|
2,258,102
|
|
New Haven, Connecticut, General Obligation Bonds, Series 2015:
|
|||||
790
|
5.000%, 9/01/32 (WI/DD, Settling 9/09/15) – AGM Insured
|
9/25 at 100.00
|
AA
|
882,193
|
|
1,620
|
5.000%, 9/01/33 (WI/DD, Settling 9/09/15) – AGM Insured
|
9/25 at 100.00
|
AA
|
1,804,729
|
|
500
|
5.000%, 9/01/35 (WI/DD, Settling 9/09/15) – AGM Insured
|
9/25 at 100.00
|
AA
|
554,360
|
|
985
|
New Haven, Connecticut, General Obligation Bonds, Series 2014A, 5.000%, 8/01/33 – AGM Insured
|
8/24 at 100.00
|
AA
|
1,088,563
|
|
900
|
North Haven, Connecticut, General Obligation Bonds, Series 2006, 5.000%, 7/15/24
|
No Opt. Call
|
Aa1
|
1,095,363
|
|
3,890
|
Oregon State, General Obligation Bonds, Oregon University System Projects, Series 2011G,
|
8/21 at 100.00
|
AA+
|
4,466,187
|
|
5.000%, 8/01/36
|
|||||
1,420
|
Regional School District 16, Beacon Falls and Prospect, Connecticut, General Obligation Bonds,
|
8/15 at 100.00
|
A1
|
1,425,453
|
|
Series 2003, 5.000%, 3/15/16 – AMBAC Insured
|
|||||
1,120
|
Southington, Connecticut, General Obligation Bonds, Lot A Series 2014, 4.000%, 1/15/19
|
No Opt. Call
|
AA+
|
1,226,232
|
|
2,500
|
Stamford, Connecticut, General Obligation Bonds, Refunding Series 2014, 3.000%, 8/15/22
|
8/21 at 100.00
|
AAA
|
2,662,600
|
|
600
|
Stratford, Connecticut, General Obligation Bonds, Series 2014, 5.000%, 12/15/32
|
12/22 at 100.00
|
AA
|
678,852
|
|
Suffield, Connecticut, General Obligation Bonds, Series 2005:
|
|||||
800
|
5.000%, 6/15/17
|
No Opt. Call
|
AA+
|
862,856
|
|
820
|
5.000%, 6/15/19
|
No Opt. Call
|
AA+
|
936,579
|
|
1,400
|
5.000%, 6/15/21
|
No Opt. Call
|
AA+
|
1,659,532
|
|
50,255
|
Total Tax Obligation/General
|
56,024,404
|
|||
Tax Obligation/Limited – 24.8% (15.4% of Total Investments)
|
|||||
5,000
|
Connecticut State, Special Tax Obligation Transportation Infrastructure Bonds, Series 2007A,
|
8/17 at 100.00
|
AA
|
5,383,500
|
|
5.000%, 8/01/27 – AMBAC Insured
|
|||||
2,500
|
Connecticut State, Special Tax Obligation Transportation Infrastructure Purposes Bonds, Series
|
No Opt. Call
|
AA
|
2,826,850
|
|
2012A, 5.000%, 1/01/33
|
|||||
3,855
|
Connecticut State, Special Tax Obligation Transportation Infrastructure Purposes Bonds, Series
|
10/23 at 100.00
|
AA
|
4,404,684
|
|
2013A, 5.000%, 10/01/33
|
|||||
1,000
|
Connecticut, Certificates of Participation, Juvenile Training School, Series 2001,
|
11/15 at 100.00
|
AA–
|
1,002,980
|
|
5.000%, 12/15/30
|
|||||
Connecticut, Special Tax Obligation Bonds, Transportation Infrastructure Purposes,
|
|||||
Series 2014A:
|
|||||
3,835
|
5.000%, 9/01/33
|
9/24 at 100.00
|
AA
|
4,358,286
|
|
1,000
|
5.000%, 9/01/34
|
9/24 at 100.00
|
AA
|
1,132,270
|
|
Government of Guam, Business Privilege Tax Bonds, Series 2011A:
|
|||||
840
|
5.250%, 1/01/36
|
1/22 at 100.00
|
A
|
921,312
|
|
3,200
|
5.125%, 1/01/42
|
1/22 at 100.00
|
A
|
3,451,456
|
|
3,000
|
Harbor Point Infrastructure Improvement District, Connecticut, Special Obligation Revenue
|
4/20 at 100.00
|
N/R
|
3,560,190
|
|
Bonds, Harbor Point Project, Series 2010A, 7.875%, 4/01/39
|
|||||
1,500
|
Puerto Rico Municipal Finance Agency, Series 2002A, 5.250%, 8/01/21 – AGM Insured
|
11/15 at 100.00
|
AA
|
1,486,935
|
|
3,550
|
Puerto Rico Municipal Finance Agency, Series 2005C, 5.000%, 8/01/16 – AGM Insured
|
11/15 at 100.00
|
AA
|
3,554,580
|
|
1,300
|
University of Connecticut, General Obligation Bonds, Series 2006A, 5.000%, 2/15/19 –
|
2/16 at 100.00
|
AA
|
1,328,678
|
|
FGIC Insured
|
|||||
2,600
|
University of Connecticut, General Obligation Bonds, Series 2010A, 5.000%, 2/15/28
|
2/20 at 100.00
|
AA
|
2,948,582
|
|
University of Connecticut, General Obligation Bonds, Series 2013A:
|
|||||
2,290
|
5.000%, 8/15/20
|
No Opt. Call
|
AA
|
2,667,003
|
|
2,500
|
5.000%, 8/15/32
|
8/23 at 100.00
|
AA
|
2,847,700
|
|
760
|
University of Connecticut, General Obligation Bonds, Series 2014A, 5.000%, 2/15/31
|
2/24 at 100.00
|
AA
|
872,769
|
|
1,415
|
University of Connecticut, General Obligation Bonds, Series 2015A, 5.000%, 2/15/34
|
No Opt. Call
|
AA
|
1,617,656
|
|
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding
|
|||||
Series 2012A:
|
|||||
2,275
|
5.000%, 10/01/32
|
No Opt. Call
|
BBB+
|
2,450,243
|
|
1,790
|
5.000%, 10/01/32 – AGM Insured
|
No Opt. Call
|
AA
|
1,991,518
|
|
2,760
|
Virgin Islands Public Finance Authority, Matching Fund Loan Notes Revenue Bonds, Senior Lien
|
10/20 at 100.00
|
BBB
|
2,987,258
|
|
Series 2010A, 5.000%, 10/01/29
|
|||||
46,970
|
Total Tax Obligation/Limited
|
51,794,450
|
|||
Transportation – 0.2% (0.1% of Total Investments)
|
|||||
450
|
Virgin Islands Port Authority, Marine Revenue Bonds, Refunding Series 2014B, 5.000%, 9/01/44
|
9/24 at 100.00
|
BBB+
|
483,030
|
|
U.S. Guaranteed – 14.8% (9.2% of Total Investments) (5)
|
|||||
Connecticut Health and Educational Facilities Authority, Child Care Facilities Program Revenue
|
|||||
Bonds, Series 2006F:
|
|||||
2,525
|
5.000%, 7/01/31 (Pre-refunded 7/01/16) – AGC Insured
|
7/16 at 100.00
|
AA (5)
|
2,624,005
|
|
2,930
|
5.000%, 7/01/36 (Pre-refunded 7/01/16) – AGC Insured
|
7/16 at 100.00
|
AA (5)
|
3,044,885
|
|
6,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Middlesex Hospital,
|
7/16 at 100.00
|
A2 (5)
|
6,235,260
|
|
Series 2006, 5.000%, 7/01/32 (Pre-refunded 7/01/16) – AGM Insured
|
|||||
2,000
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University,
|
7/16 at 100.00
|
A– (5)
|
2,055,520
|
|
Series 2006, 5.000%, 7/01/36 (Pre-refunded 7/01/16) – AMBAC Insured
|
|||||
4,405
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Quinnipiac University,
|
7/17 at 100.00
|
AA– (5)
|
4,705,333
|
|
Series 2007-I, 5.000%, 7/01/25 (Pre-refunded 7/01/17) – NPFG Insured
|
|||||
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Renbrook School,
|
|||||
Series 2007A:
|
|||||
465
|
5.000%, 7/01/30 (Pre-refunded 7/01/17) – AMBAC Insured
|
7/17 at 100.00
|
N/R (5)
|
502,558
|
|
735
|
5.000%, 7/01/37 (Pre-refunded 7/01/17) – AMBAC Insured
|
7/17 at 100.00
|
N/R (5)
|
794,366
|
|
775
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, William W. Backus
|
7/18 at 100.00
|
AA (5)
|
867,891
|
|
Hospital, Series 2005F, 5.125%, 7/01/35 (Pre-refunded 7/01/18) – AGM Insured
|
|||||
4,010
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven
|
7/16 at 100.00
|
Aa3 (5)
|
4,167,232
|
|
Hospital, Series 2006J-1, 5.000%, 7/01/31 (Pre-refunded 7/01/16) – AMBAC Insured
|
|||||
1,240
|
Connecticut Health and Educational Facilities Authority, Revenue Bonds, Yale-New Haven
|
7/20 at 100.00
|
Aa3 (5)
|
1,482,879
|
|
Hospital, Series 2010M, 5.500%, 7/01/40 (Pre-refunded 7/01/20)
|
|||||
870
|
Hartford, Connecticut, General Obligation Bonds, Series 2009A, 5.000%, 8/15/28
|
8/19 at 100.00
|
AA (5)
|
1,000,439
|
|
(Pre-refunded 8/15/19)
|
|||||
40
|
New Haven, Connecticut, General Obligation Bonds, Series 2002A, 5.250%, 11/01/17 – AMBAC
|
11/15 at 100.00
|
A– (5)
|
41,617
|
|
Insured (ETM)
|
|||||
1,010
|
Puerto Rico Public Finance Corporation, Commonwealth Appropriation Bonds, Series 1998A,
|
No Opt. Call
|
Aaa
|
1,199,526
|
|
5.125%, 6/01/24 – AMBAC Insured (ETM)
|
|||||
1,725
|
Stamford, Connecticut, Special Obligation Revenue Bonds, Mill River Corridor Project, Series
|
4/21 at 100.00
|
N/R (5)
|
2,197,098
|
|
2011A, 7.000%, 4/01/41 (Pre-refunded 4/01/21)
|
|||||
28,730
|
Total U.S. Guaranteed
|
30,918,609
|
|||
Utilities – 6.5% (4.0% of Total Investments)
|
|||||
4,375
|
Connecticut Development Authority, Water Facility Revenue Bonds, Aquarion Water Company
|
9/17 at 100.00
|
N/R
|
4,488,313
|
|
Project, Series 2007, 5.100%, 9/01/37 – SYNCORA GTY Insured (Alternative Minimum Tax)
|
|||||
Connecticut Municipal Electric Energy Cooperative, Power Supply System Revenue Bonds, Tender
|
|||||
Option Bond Trust 1164:
|
|||||
1,295
|
17.068%, 1/01/32 (IF) (4)
|
1/23 at 100.00
|
Aa3
|
1,959,374
|
|
410
|
16.909%, 1/01/38 (IF) (4)
|
1/23 at 100.00
|
Aa3
|
584,611
|
|
Connecticut Transmission Municipal Electric Energy Cooperative, Transmission System Revenue
|
|||||
Bonds, Series 2012A:
|
|||||
655
|
5.000%, 1/01/31
|
1/22 at 100.00
|
Aa3
|
732,827
|
|
500
|
5.000%, 1/01/32
|
1/22 at 100.00
|
Aa3
|
557,880
|
|
2,830
|
5.000%, 1/01/42
|
1/22 at 100.00
|
Aa3
|
3,123,245
|
|
2,115
|
Eastern Connecticut Resource Recovery Authority, Solid Waste Revenue Bonds, Wheelabrator
|
1/16 at 100.00
|
A–
|
2,134,691
|
|
Lisbon Project, Series 1993A, 5.500%, 1/01/20 (Alternative Minimum Tax)
|
|||||
12,180
|
Total Utilities
|
13,580,941
|
|||
Water and Sewer – 15.8% (9.8% of Total Investments)
|
|||||
Greater New Haven Water Pollution Control Authority, Connecticut, Regional Wastewater System
|
|||||
Revenue Bonds, Refunding Series 2014B:
|
|||||
500
|
5.000%, 8/15/30
|
8/24 at 100.00
|
A+
|
573,785
|
|
1,000
|
5.000%, 8/15/31
|
8/24 at 100.00
|
A+
|
1,141,690
|
|
500
|
5.000%, 8/15/32
|
8/24 at 100.00
|
A+
|
568,755
|
|
55
|
Greater New Haven Water Pollution Control Authority, Connecticut, Regional Wastewater System
|
11/15 at 100.00
|
AA–
|
55,475
|
|
Revenue Bonds, Series 2005A, 5.000%, 8/15/35 – NPFG Insured
|
|||||
2,050
|
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds,
|
7/20 at 100.00
|
A–
|
2,240,158
|
|
Series 2010, 5.625%, 7/01/40
|
|||||
6,815
|
Hartford County Metropolitan District, Connecticut, Clean Water Project Revenue Bonds, Green
|
11/24 at 100.00
|
AA
|
7,724,666
|
|
Bond Series 2014A, 5.000%, 11/01/42
|
|||||
Hartford County Metropolitan District, Connecticut, Clean Water Project Revenue Bonds,
|
|||||
Series 2013A:
|
|||||
4,100
|
5.000%, 4/01/36
|
4/22 at 100.00
|
AA
|
4,599,462
|
|
2,500
|
5.000%, 4/01/39
|
4/22 at 100.00
|
AA
|
2,787,150
|
|
795
|
South Central Connecticut Regional Water Authority Water System Revenue Bonds, Thirtieth
|
8/24 at 100.00
|
Aa3
|
891,465
|
|
Series 2014A, 5.000%, 8/01/44
|
|||||
1,840
|
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, Twentieth
|
8/16 at 100.00
|
AA–
|
1,910,012
|
|
Series, 2007A, 5.000%, 8/01/30 – NPFG Insured
|
|||||
4,870
|
South Central Connecticut Regional Water Authority, Water System Revenue Bonds,
|
8/21 at 100.00
|
Aa3
|
5,470,666
|
|
Twentieth-Sixth Series, 2011, 5.000%, 8/01/41
|
|||||
4,000
|
South Central Connecticut Regional Water Authority, Water System Revenue Bonds, Twenty-Seventh
|
No Opt. Call
|
Aa3
|
4,464,480
|
|
Series 2012, 5.000%, 8/01/33
|
|||||
500
|
Stamford, Connecticut, Water Pollution Control System and Facility Revenue Bonds, Series
|
8/23 at 100.00
|
AA+
|
576,415
|
|
2013A, 5.250%, 8/15/43
|
|||||
29,525
|
Total Water and Sewer
|
33,004,179
|
|||
$ 308,150
|
Total Long-Term Investments (cost $321,646,108)
|
336,926,786
|
|||
Floating Rate Obligations – (9.3)%
|
(19,370,000)
|
||||
Variable Rate MuniFund Term Preferred Shares, at Liquidation Value – (50.8)% (6)
|
(106,000,000)
|
||||
Other Assets Less Liabilities – (1.3)%
|
(2,771,549)
|
||||
Net Assets Applicable to Common Shares – 100%
|
$ 208,785,237
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Long-Term Investments:
|
||||
Municipal Bonds
|
$ —
|
$336,926,786
|
$ —
|
$336,926,786
|
Gross unrealized:
|
|
Appreciation
|
$16,171,215
|
Depreciation
|
(1,056,146)
|
Net unrealized appreciation (depreciation) of investments
|
$15,115,069
|
(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 mortgagebacked securities may be
|
||
subject to periodic principal paydowns.
|
||
(3)
|
Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc.
|
|
(“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard &Poor’s, Baa by Moody’s or BBB
|
||
by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these
|
||
national rating agencies.
|
||
(4)
|
Investment, or portion of investment, has been pledged to collateralize the net payment obligations for
|
|
investments in inverse floating rate transactions.
|
||
(5)
|
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities,
|
|
which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or
|
||
agency securities are regarded as having an implied rating equal to the rating of such securities.
|
||
(6)
|
Variable Rate MuniFund Term Preferred Shares, at Liquidation Value as a percentage of Total
|
|
Investments is 31.5%.
|
||
(ETM)
|
Escrowed to maturity.
|
|
(IF)
|
Inverse floating rate investment.
|
|
(UB)
|
Underlying bond of an inverse floating rate trust reflected as a financing transaction.
|
|
(WI/DD)
|
Investment, or portion of investment, purchased on a when-issued or delayed delivery basis.
|
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.
|
By (Signature and Title) | /s/ Kevin J. McCarthy |
Kevin J. McCarthy
Vice President and Secretary
|
By (Signature and Title) | /s/ Gifford R. Zimmerman |
Gifford R. Zimmerman
Chief Administrative Officer (principal executive officer)
|
By (Signature and Title) | /s/ Stephen D. Foy |
Stephen D. Foy
Vice President and Controller (principal financial officer)
|