|
|
|
|
|
|
Portfolio of Investments
(Unaudited) |
|
|
|
|
Nuveen Insured New York
Dividend Advantage Municipal Fund (NKO) |
|
|
|
|
June 30, 2010 |
|
|
|
Principal |
|
Optional Call |
|
|
Amount (000) |
Description (1) |
Provisions (2) |
Ratings (3) |
Value |
|
Consumer Staples – 2.7% (1.8%
of Total Investments) |
|
|
|
$ 1,575 |
New York Counties Tobacco Trust II, Tobacco
Settlement Pass-Through Bonds, Series 2001, |
6/11 at 101.00 |
BBB |
$ 1,495,242 |
|
5.250%, 6/01/25 |
|
|
|
1,000 |
New York Counties Tobacco Trust III, Tobacco
Settlement Pass-Through Bonds, Series 2003, |
6/13 at 100.00 |
BBB |
959,420 |
|
5.750%, 6/01/33 |
|
|
|
735 |
Puerto Rico, The Children’s Trust Fund, Tobacco
Settlement Asset-Backed Refunding Bonds, |
5/12 at 100.00 |
BBB |
701,014 |
|
Series 2002, 5.375%, 5/15/33 |
|
|
|
3,310 |
Total
Consumer Staples |
|
|
3,155,676 |
|
Education and Civic
Organizations – 22.4% (14.9% of Total Investments) |
|
|
|
395 |
Dormitory Authority of the State of New York,
Housing Revenue Bonds, Fashion Institute of |
No Opt. Call |
A |
386,041 |
|
Technology, Series 2007,
5.250%, 7/01/34 – FGIC Insured |
|
|
|
4,000 |
Dormitory Authority of the State of New York,
Insured Revenue Bonds, Mount Sinai School of |
No Opt. Call |
A |
4,146,520 |
|
Medicine, Series 1994A,
5.150%, 7/01/24 – NPFG Insured |
|
|
|
1,280 |
Dormitory Authority of the State of New York,
Insured Revenue Bonds, New York Medical College, |
7/10 at 100.00 |
A |
1,283,955 |
|
Series 1998, 5.000%,
7/01/21 – NPFG Insured |
|
|
|
1,000 |
Dormitory Authority of the State of New York, Lease
Revenue Bonds, State University Dormitory |
No Opt. Call |
Aa2 |
1,110,640 |
|
Facilities, Series 2003B,
5.250%, 7/01/32 (Mandatory put 7/01/13) – SYNCORA GTY Insured |
|
|
|
140 |
Dormitory Authority of the State of New York, Lease
Revenue Bonds, State University Dormitory |
7/15 at 100.00 |
Aa2 |
141,791 |
|
Facilities, Series 2004A,
5.000%, 7/01/29 – NPFG Insured |
|
|
|
920 |
Dormitory Authority of the State of New York, Lease
Revenue Bonds, State University Dormitory |
7/16 at 100.00 |
Aa2 |
946,892 |
|
Facilities, Series 2006A,
5.000%, 7/01/31 – NPFG Insured |
|
|
|
240 |
Dormitory Authority of the State of New York,
Revenue Bonds, Barnard College, Series 2007A, |
7/17 at 100.00 |
A |
242,117 |
|
5.000%, 7/01/37 – FGIC
Insured |
|
|
|
3,250 |
Dormitory Authority of the State of New York,
Revenue Bonds, New York University, Series |
No Opt. Call |
AA– |
3,924,960 |
|
1998A, 6.000%, 7/01/18 –
NPFG Insured |
|
|
|
330 |
Dormitory Authority of the State of New York,
Revenue Bonds, New York University, Series 2007, |
7/17 at 100.00 |
AA– |
345,058 |
|
5.000%, 7/01/32 – AMBAC
Insured |
|
|
|
510 |
Madison County Industrial Development Agency, New
York, Civic Facility Revenue Bonds, Colgate |
No Opt. Call |
AA+ |
555,048 |
|
University, Tender Option
Bond Trust 3127, 12.931%, 1/01/14 – AMBAC Insured (IF) |
|
|
|
300 |
New York City Industrial Development Agency, New
York, Payment in Lieu of Taxes Revenue Bonds, |
1/19 at 100.00 |
AAA |
334,083 |
|
Queens Baseball Stadium
Project, Series 2009, 6.125%, 1/01/29 – AGC Insured |
|
|
|
|
New York City Industrial Development Agency, New
York, PILOT Revenue Bonds, Queens Baseball |
|
|
|
|
Stadium Project, Series 2006: |
|
|
|
1,000 |
5.000%, 1/01/36 – AMBAC
Insured |
1/17 at 100.00 |
BB+ |
890,510 |
1,060 |
5.000%, 1/01/46 – AMBAC
Insured |
1/17 at 100.00 |
BB+ |
923,037 |
885 |
New York City Industrial Development Agency, New
York, Revenue Bonds, Yankee Stadium Project |
3/19 at 100.00 |
AAA |
1,026,857 |
|
Pilot, Series 2009A,
7.000%, 3/01/49 – AGC Insured |
|
|
|
|
New York City Industrial Development Authority, New
York, PILOT Revenue Bonds, Yankee Stadium |
|
|
|
|
Project, Series 2006: |
|
|
|
395 |
5.000%, 3/01/31 – FGIC
Insured |
9/16 at 100.00 |
BBB– |
392,958 |
2,210 |
5.000%, 3/01/36 – NPFG
Insured |
9/16 at 100.00 |
A |
2,187,767 |
1,920 |
4.500%, 3/01/39 – FGIC
Insured |
9/16 at 100.00 |
BBB– |
1,691,405 |
1,560 |
New York City Trust for Cultural Resources, New
York, Revenue Bonds, American Museum of |
7/14 at 100.00 |
AA |
1,607,798 |
|
Natural History, Series
2004A, 5.000%, 7/01/36 – NPFG Insured |
|
|
|
4,000 |
New York City Trust for Cultural Resources, New
York, Revenue Bonds, Museum of Modern Art, |
7/12 at 100.00 |
Aa2 |
4,114,280 |
|
Series 2001D, 5.125%,
7/01/31 – AMBAC Insured |
|
|
|
350 |
Troy Capital Resource Corporation, New York, Revenue
Bonds, Rensselaer Polytechnic Institute, |
9/20 at 100.00 |
A |
356,787 |
|
Series 2010A, 5.125%, 9/01/40 |
|
|
|
25,745 |
Total
Education and Civic Organizations |
|
|
26,608,504 |
|
Health Care – 23.7% (15.8% of
Total Investments) |
|
|
|
1,940 |
Dormitory Authority of the State of New York,
FHA-Insured Mortgage Hospital Revenue Bonds, New |
8/10 at 100.00 |
N/R |
1,899,900 |
|
York and Presbyterian
Hospital, Series 1998, 4.750%, 8/01/27 – AMBAC Insured |
|
|
|
1,400 |
Dormitory Authority of the State of New York,
FHA-Insured Mortgage Hospital Revenue Bonds, St. |
8/12 at 100.00 |
N/R |
1,435,322 |
|
Barnabas Hospital, Series
2002A, 5.125%, 2/01/22 – AMBAC Insured |
|
|
|
785 |
Dormitory Authority of the State of New York,
FHA-Insured Mortgage Revenue Bonds, Hudson |
8/17 at 100.00 |
AAA |
819,359 |
|
Valley Hospital Center,
Series 2007, 5.000%, 8/15/27 – AGM Insured |
|
|
|
425 |
Dormitory Authority of the State of New York,
FHA-Insured Mortgage Revenue Bonds, Montefiore |
2/15 at 100.00 |
A |
429,662 |
|
Hospital, Series 2004,
5.000%, 8/01/33 – FGIC Insured |
|
|
|
9,800 |
Dormitory Authority of the State of New York,
FHA-Insured Mortgage Revenue Bonds, New York |
8/10 at 100.50 |
N/R |
9,906,232 |
|
Hospital Medical Center of
Queens, Series 1999, 5.600%, 2/15/39 – AMBAC Insured |
|
|
|
1,500 |
Dormitory Authority of the State of New York,
FHA-Insured Revenue Bonds, Montefiore Medical |
2/15 at 100.00 |
A |
1,550,610 |
|
Center, Series 2005,
5.000%, 2/01/22 – FGIC Insured |
|
|
|
2,050 |
Dormitory Authority of the State of New York,
Hospital Revenue Bonds, Catholic Health Services |
7/10 at 100.50 |
A |
2,061,521 |
|
of Long Island Obligated
Group – St. Francis Hospital, Series 1999A, 5.500%, 7/01/22 – |
|
|
|
|
NPFG Insured |
|
|
|
170 |
Dormitory Authority of the State of New York,
Revenue Bonds, Catholic Health Services of Long |
7/10 at 100.50 |
A |
170,955 |
|
Island Obligated Group –
St. Charles Hospital and Rehabilitation Center, Series 1999A,
5.500%, |
|
|
|
|
7/01/22 – NPFG
Insured |
|
|
|
585 |
Dormitory Authority of the State of New York,
Revenue Bonds, Health Quest System Inc., Series |
7/17 at 100.00 |
AAA |
624,125 |
|
2007B, 5.250%, 7/01/27 –
AGC Insured |
|
|
|
1,725 |
Dormitory Authority of the State of New York,
Revenue Bonds, Memorial Sloan-Kettering Cancer |
7/13 at 100.00 |
AA |
1,833,054 |
|
Center, Series 2003-1,
5.000%, 7/01/21 – NPFG Insured |
|
|
|
905 |
Dormitory Authority of the State of New York,
Revenue Bonds, New York and Presbyterian |
8/14 at 100.00 |
AAA |
991,409 |
|
Hospital, Series 2004A,
5.250%, 8/15/15 – AGM Insured |
|
|
|
600 |
Dormitory Authority of the State of New York,
Revenue Bonds, South Nassau Communities |
7/13 at 100.00 |
Baa1 |
611,196 |
|
Hospital, Series 2003B,
5.500%, 7/01/23 |
|
|
|
700 |
Dormitory Authority of the State of New York,
Revenue Bonds, The New York and Presbyterian |
8/14 at 100.00 |
AAA |
711,690 |
|
Hospital Project, Series
2007, 5.000%, 8/15/36 – AGM Insured |
|
|
|
690 |
New York City Health and Hospitals Corporation, New
York, Health System Revenue Bonds, |
2/12 at 100.00 |
AAA |
720,526 |
|
Series 2002A, 5.500%,
2/15/17 – AGM Insured |
|
|
|
|
New York City Health and Hospitals Corporation, New
York, Health System Revenue Bonds, |
|
|
|
|
Series 2003A: |
|
|
|
1,500 |
5.250%, 2/15/21 – AMBAC
Insured |
2/13 at 100.00 |
Aa3 |
1,587,495 |
1,000 |
5.250%, 2/15/22 – AMBAC
Insured |
2/13 at 100.00 |
Aa3 |
1,055,060 |
|
Suffolk County Industrial Development Agency, New
York, Revenue Bonds, Huntington Hospital, |
|
|
|
|
Series 2002C: |
|
|
|
725 |
6.000%, 11/01/22 |
11/12 at 100.00 |
BBB+ |
742,342 |
1,045 |
5.875%, 11/01/32 |
11/12 at
100.00 |
BBB+ |
1,052,252 |
27,545 |
Total
Health Care |
|
|
28,202,710 |
|
Housing/Multifamily – 4.5%
(3.0% of Total Investments) |
|
|
|
180 |
New York City Housing development Corporation, New
York, Multifamily Housing Revenue Bonds, |
1/17 at 100.00 |
AAA |
174,211 |
|
Seaview Towers, Series
2006A, 4.750%, 7/15/39 – AMBAC Insured (Alternative Minimum Tax) |
|
|
|
|
New York City Housing Development Corporation, New
York, Multifamily Housing Revenue Bonds, |
|
|
|
|
Series 2002A: |
|
|
|
2,725 |
5.375%, 11/01/23
(Alternative Minimum Tax) |
5/12 at 100.00 |
AA |
2,761,597 |
1,375 |
5.500%, 11/01/34
(Alternative Minimum Tax) |
5/12 at 100.00 |
AA |
1,386,344 |
1,000 |
New York State Housing Finance Agency, Affordable
Housing Revenue Bonds, Series 2007B, 5.300%, |
11/17 at 100.00 |
Aa2 |
1,005,960 |
|
11/01/37 (Alternative Minimum Tax) |
|
|
|
5,280 |
Total
Housing/Multifamily |
|
|
5,328,112 |
|
Long-Term Care – 4.0% (2.6% of
Total Investments) |
|
|
|
1,500 |
Dormitory Authority of the State of New York,
FHA-Insured Nursing Home Mortgage Revenue Bonds, |
8/11 at 105.00 |
A |
1,596,885 |
|
Norwegian Christian Home
and Health Center, Series 2001, 6.100%, 8/01/41 – NPFG Insured |
|
|
|
525 |
Dormitory Authority of the State of New York, GNMA
Collateralized Revenue Bonds, Cabrini of |
2/17 at 103.00 |
A– |
531,395 |
|
Westchester Project, Series
2006, 5.200%, 2/15/41 |
|
|
|
|
Dormitory Authority of the State of New York, GNMA
Collateralized Revenue Bonds, Willow Towers |
|
|
|
|
Inc., Series 2002: |
|
|
|
1,000 |
5.250%, 2/01/22 |
8/12 at 101.00 |
AAA |
1,056,610 |
1,500 |
5.400%, 2/01/34 |
8/12 at
101.00 |
AAA |
1,559,235 |
4,525 |
Total
Long-Term Care |
|
|
4,744,125 |
|
Tax
Obligation/General – 10.6% (7.1% of Total Investments) |
|
|
|
|
Buffalo, New York, General Obligation Bonds, Series
2002B: |
|
|
|
1,490 |
5.375%, 11/15/18 – NPFG
Insured |
11/12 at 100.00 |
A1 |
1,601,214 |
2,375 |
5.375%, 11/15/20 – NPFG
Insured |
11/12 at 100.00 |
A1 |
2,565,309 |
1,240 |
Canandaigua City School District, Ontario County,
New York, General Obligation Refunding |
4/12 at 101.00 |
Aa3 |
1,340,242 |
|
Bonds, Series 2002A,
5.375%, 4/01/17 – AGM Insured |
|
|
|
200 |
New York City, New York, General Obligation Bonds,
Fiscal 2009 Series E, 5.000%, 8/01/28 |
8/19 at 100.00 |
AA |
213,846 |
3,000 |
New York City, New York, General Obligation Bonds,
Fiscal Series 2001H, 5.250%, 3/15/16 – |
3/11 at 101.00 |
AA |
3,136,590 |
|
FGIC Insured |
|
|
|
80 |
New York City, New York, General Obligation Bonds,
Fiscal Series 2002C, 5.125%, 3/15/25 – |
3/12 at 100.00 |
AAA |
83,690 |
|
AGM Insured |
|
|
|
525 |
New York City, New York, General Obligation Bonds,
Fiscal Series 2006C, 5.000%, 8/01/16 – |
8/15 at 100.00 |
AAA |
590,326 |
|
AGM Insured |
|
|
|
|
New York City, New York, General Obligation Bonds,
Series 2004E: |
|
|
|
1,700 |
5.000%, 11/01/19 – AGM
Insured (UB) |
11/14 at 100.00 |
AAA |
1,886,184 |
1,100 |
5.000%, 11/01/20 – AGM Insured (UB) |
11/14 at
100.00 |
AAA |
1,191,762 |
11,710 |
Total Tax
Obligation/General |
|
|
12,609,163 |
|
Tax
Obligation/Limited – 39.8% (26.6% of Total Investments) |
|
|
|
210 |
Dormitory Authority of the State of New York, 853
Schools Program Insured Revenue Bonds, |
7/10 at 100.00 |
N/R |
210,590 |
|
Vanderheyden Hall Inc.,
Issue 2, Series 1998F, 5.250%, 7/01/18 – AMBAC Insured |
|
|
|
3,000 |
Dormitory Authority of the State of New York,
Revenue Bonds, School Districts Financing |
10/12 at 100.00 |
A+ |
3,169,290 |
|
Program, Series 2002D,
5.250%, 10/01/23 – NPFG Insured |
|
|
|
160 |
Dormitory Authority of the State of New York, State
Personal Income Tax Revenue Bonds, Series |
3/15 at 100.00 |
AAA |
172,299 |
|
2005F, 5.000%, 3/15/21 –
AGM Insured |
|
|
|
|
Erie County Industrial Development Agency, New York,
School Facility Revenue Bonds, Buffalo |
|
|
|
|
City School District Project, Series 2008A: |
|
|
|
590 |
5.750%, 5/01/27 – AGM
Insured (UB) |
5/18 at 100.00 |
AAA |
655,478 |
190 |
5.750%, 5/01/28 – AGM
Insured (UB) |
5/18 at 100.00 |
AAA |
210,416 |
400 |
Erie County Industrial Development Agency, New York,
School Facility Revenue Bonds, Buffalo |
5/12 at 100.00 |
AAA |
428,300 |
|
City School District,
Series 2003, 5.750%, 5/01/20 – AGM Insured |
|
|
|
2,485 |
Erie County Industrial Development Agency, New York,
School Facility Revenue Bonds, Buffalo |
5/17 at 100.00 |
AAA |
2,722,491 |
|
City School District,
Series 2007A, 5.750%, 5/01/28 – AGM Insured (UB) |
|
|
|
4,760 |
Hudson Yards Infrastructure Corporation, New York,
Revenue Bonds, Series 2006A, 5.000%, |
2/17 at 100.00 |
A |
4,667,228 |
|
2/15/47 – FGIC
Insured |
|
|
|
2,290 |
Metropolitan Transportation Authority, New York,
Dedicated Tax Fund Bonds, Series 2002A, |
11/12 at 100.00 |
AAA |
2,412,836 |
|
5.250%, 11/15/25 – AGM
Insured |
|
|
|
4,000 |
Metropolitan Transportation Authority, New York,
State Service Contract Refunding Bonds, |
7/12 at 100.00 |
AA– |
4,183,200 |
|
Series 2002A, 5.000%,
7/01/25 – FGIC Insured |
|
|
|
1,000 |
Nassau County Interim Finance Authority, New York,
Sales Tax Secured Revenue Bonds, Series |
11/13 at 100.00 |
AAA |
1,090,910 |
|
2003A, 5.000%, 11/15/18 –
AMBAC Insured |
|
|
|
|
New York City Sales Tax Asset Receivable
Corporation, New York, Dedicated Revenue Bonds, Local |
|
|
|
|
Government Assistance Corporation, Series
2004A: |
|
|
|
3,400 |
5.000%, 10/15/25 – NPFG
Insured |
10/14 at 100.00 |
AAA |
3,664,792 |
1,040 |
5.000%, 10/15/26 – NPFG
Insured |
10/14 at 100.00 |
AAA |
1,118,738 |
300 |
5.000%, 10/15/29 – AMBAC
Insured |
10/14 at 100.00 |
AAA |
318,363 |
2,500 |
New York City Transitional Finance Authority, New
York, Building Aid Revenue Bonds, Fiscal |
1/17 at 100.00 |
AA– |
2,617,675 |
|
Series 2007S-2, 5.000%,
1/15/28 – FGIC Insured |
|
|
|
5 |
New York City Transitional Finance Authority, New
York, Future Tax Secured Bonds, Fiscal |
11/11 at 101.00 |
AAA |
5,344 |
|
Series 2002B, 5.250%,
5/01/16 – NPFG Insured |
|
|
|
500 |
New York City Transitional Finance Authority, New
York, Future Tax Secured Bonds, Fiscal |
2/14 at 100.00 |
AAA |
551,630 |
|
Series 2004C, 5.000%,
2/01/19 – SYNCORA GTY Insured |
|
|
|
|
New York Convention Center Development Corporation,
Hotel Fee Revenue Bonds, Tender Option |
|
|
|
|
Bonds Trust 3095: |
|
|
|
165 |
13.050%, 11/15/30 – AMBAC
Insured (IF) |
11/15 at 100.00 |
AA+ |
189,684 |
140 |
13.036%, 11/15/44 – AMBAC
Insured (IF) |
11/15 at 100.00 |
AA+ |
153,142 |
|
New York State Thruway Authority, Highway and Bridge
Trust Fund Bonds, Second General, |
|
|
|
|
Series 2005B: |
|
|
|
2,625 |
5.500%, 4/01/20 – AMBAC
Insured |
No Opt. Call |
AA |
3,118,763 |
500 |
5.000%, 4/01/21 – AMBAC
Insured |
10/15 at 100.00 |
AA |
541,340 |
|
New York State Tobacco Settlement Financing
Corporation, Tobacco Settlement Asset-Backed and |
|
|
|
|
State Contingency Contract-Backed Bonds, Series
2003A-1: |
|
|
|
1,900 |
5.250%, 6/01/20 – AMBAC
Insured |
6/13 at 100.00 |
AA– |
2,033,437 |
1,000 |
5.250%, 6/01/22 – AMBAC
Insured |
6/13 at 100.00 |
AA– |
1,058,080 |
750 |
New York State Tobacco Settlement Financing
Corporation, Tobacco Settlement Asset-Backed and |
6/13 at 100.00 |
AA– |
813,435 |
|
State Contingency
Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21 |
|
|
|
8,600 |
New York State Urban Development Corporation,
Revenue Refunding Bonds, State Facilities, |
No Opt. Call |
AAA |
10,142,066 |
|
Series 1995, 5.700%,
4/01/20 – AGM Insured (UB) |
|
|
|
295 |
Puerto Rico Sales Tax Financing Corporation, Sales
Tax Revenue Bonds, First Subordinate Series |
8/20 at 100.00 |
AAA |
298,814 |
|
2010C, 5.125%, 8/01/42 –
AGM Insured |
|
|
|
1,225 |
Syracuse Industrial Development Authority, New York,
PILOT Mortgage Revenue Bonds, Carousel |
1/17 at 100.00 |
BBB– |
879,440 |
|
Center Project, Series 2007A, 5.000%, 1/01/36 – SYNCORA GTY
Insured (Alternative Minimum Tax) |
|
|
|
44,030 |
Total Tax
Obligation/Limited |
|
|
47,427,781 |
|
Transportation – 14.5% (9.7% of
Total Investments) |
|
|
|
|
Metropolitan Transportation Authority, New York,
Transportation Revenue Refunding Bonds, |
|
|
|
|
Series 2002A: |
|
|
|
2,000 |
5.125%, 11/15/22 – FGIC
Insured |
11/12 at 100.00 |
A |
2,073,560 |
4,000 |
5.000%, 11/15/25 – FGIC
Insured |
11/12 at 100.00 |
A |
4,105,120 |
315 |
New York State Thruway Authority, General Revenue
Bonds, Refunding Series 2007H, 5.000%, |
1/18 at 100.00 |
A+ |
334,615 |
|
1/01/25 – FGIC
Insured |
|
|
|
865 |
New York State Thruway Authority, General Revenue
Bonds, Series 2005F, 5.000%, 1/01/20 – |
1/15 at 100.00 |
A+ |
926,060 |
|
AMBAC Insured |
|
|
|
350 |
New York State Thruway Authority, General Revenue
Bonds, Series 2005G, 5.000%, 1/01/30 – |
7/15 at 100.00 |
AAA |
362,037 |
|
AGM Insured (UB) |
|
|
|
85 |
Niagara Frontier Airport Authority, New York,
Airport Revenue Bonds, Buffalo Niagara |
10/10 at 100.50 |
A |
85,156 |
|
International Airport,
Series 1999A, 5.625%, 4/01/29 – NPFG Insured (Alternative Minimum
Tax) |
|
|
|
2,000 |
Port Authority of New York and New Jersey,
Consolidated Revenue Bonds, One Hundred Fifty |
5/18 at 100.00 |
Aa2 |
2,034,880 |
|
Second Series 2007, 5.000%,
11/01/28 (Alternative Minimum Tax) |
|
|
|
|
Port Authority of New York and New Jersey,
Consolidated Revenue Bonds, One Hundred Fortieth |
|
|
|
|
Series 2005: |
|
|
|
500 |
5.000%, 12/01/19 – AGM
Insured |
6/15 at 101.00 |
AAA |
551,585 |
1,000 |
5.000%, 12/01/28 – SYNCORA
GTY Insured |
6/15 at 101.00 |
Aa2 |
1,063,980 |
345 |
5.000%, 12/01/31 – SYNCORA
GTY Insured |
6/15 at 101.00 |
Aa2 |
363,571 |
390 |
Port Authority of New York and New Jersey,
Consolidated Revenue Bonds, One Hundred Forty |
8/17 at 100.00 |
AAA |
483,834 |
|
Eighth Series 2008, Trust
2920, 17.380%, 8/15/32 – AGM Insured (IF) |
|
|
|
4,000 |
Port Authority of New York and New Jersey,
Consolidated Revenue Bonds, One Hundred |
8/10 at 100.00 |
Aa2 |
4,013,640 |
|
Twenty-Fourth Series 2001,
5.000%, 8/01/11 – FGIC Insured (Alternative Minimum Tax) |
|
|
|
780 |
Triborough Bridge and Tunnel Authority, New York,
Subordinate Lien General Purpose Revenue |
No Opt. Call |
Aa3 |
919,027 |
|
Refunding Bonds, Series 2002E, 5.500%, 11/15/20 – NPFG
Insured |
|
|
|
16,630 |
Total
Transportation |
|
|
17,317,065 |
|
U.S. Guaranteed – 11.9% (8.0%
of Total Investments) (4) |
|
|
|
120 |
Dormitory Authority of the State of New York,
Judicial Facilities Lease Revenue Bonds, Suffolk |
No Opt. Call |
AAA |
141,325 |
|
County Issue, Series 1986,
7.375%, 7/01/16 (ETM) |
|
|
|
4,995 |
New York City Transitional Finance Authority, New
York, Future Tax Secured Bonds, Fiscal |
11/11 at 101.00 |
AAA |
5,370,025 |
|
Series 2002B, 5.250%,
5/01/16 (Pre-refunded 11/01/11) – NPFG Insured |
|
|
|
1,000 |
New York City Transitional Finance Authority, New
York, Future Tax Secured Bonds, Fiscal |
8/12 at 100.00 |
AAA |
1,100,390 |
|
Series 2003C, 5.250%,
8/01/21 (Pre-refunded 8/01/12) – AMBAC Insured |
|
|
|
3,170 |
New York City, New York, General Obligation Bonds,
Fiscal Series 2002C, 5.125%, 3/15/25 |
3/12 at 100.00 |
AAA |
3,425,597 |
|
(Pre-refunded 3/15/12) –
AGM Insured |
|
|
|
240 |
New York State Housing Finance Agency, Construction
Fund Bonds, State University, Series |
No Opt. Call |
AAA |
249,506 |
|
1986A, 8.000%, 5/01/11
(ETM) |
|
|
|
2,575 |
Puerto Rico Infrastructure Financing Authority,
Special Obligation Bonds, Series 2000A, |
10/10 at 101.00 |
AAA |
2,635,023 |
|
5.500%, 10/01/40 |
|
|
|
1,205 |
TSASC Inc., New York, Tobacco Asset-Backed Bonds,
Series 2002-1, 5.500%, 7/15/24 |
7/12 at 100.00 |
AAA |
1,300,255 |
|
(Pre-refunded 7/15/12) |
|
|
|
13,305 |
Total U.S.
Guaranteed |
|
|
14,222,121 |
|
Utilities – 12.7% (8.5% of
Total Investments) |
|
|
|
5,000 |
Long Island Power Authority, New York, Electric
System General Revenue Bonds, Series 2001A, |
9/11 at 100.00 |
AAA |
5,059,150 |
|
5.000%, 9/01/27 – AGM
Insured |
|
|
|
|
Long Island Power Authority, New York, Electric
System General Revenue Bonds, Series 2006A: |
|
|
|
1,700 |
5.000%, 12/01/23 – FGIC
Insured |
6/16 at 100.00 |
A |
1,813,866 |
1,300 |
5.000%, 12/01/25 – FGIC
Insured |
6/16 at 100.00 |
A |
1,365,780 |
1,500 |
5.000%, 12/01/26 – AGC
Insured |
6/16 at 100.00 |
AAA |
1,606,065 |
250 |
Long Island Power Authority, New York, Electric
System General Revenue Bonds, Series 2006B, |
6/16 at 100.00 |
A– |
255,773 |
|
5.000%, 12/01/35 – CIFG
Insured |
|
|
|
5,000 |
New York State Energy Research and Development
Authority, Pollution Control Revenue Refunding |
11/10 at 100.00 |
A– |
5,013,300 |
|
Bonds, Niagara Mohawk Power Corporation, Series 1998A, 5.150%,
11/01/25 – AMBAC Insured |
|
|
|
14,750 |
Total
Utilities |
|
|
15,113,934 |
|
Water and Sewer – 3.0% (2.0% of
Total Investments) |
|
|
|
1,140 |
New York City Municipal Water Finance Authority, New
York, Water and Sewerage System Revenue |
6/16 at 100.00 |
AAA |
1,190,057 |
|
Bonds, Series 2006B,
5.000%, 6/15/36 – NPFG Insured (UB) |
|
|
|
2,295 |
Suffolk County Water Authority, New York, Waterworks
Revenue Bonds, Series 2005C, 5.000%, |
6/15 at 100.00 |
AA+ |
2,406,950 |
|
6/01/28 – NPFG Insured |
|
|
|
3,435 |
Total Water
and Sewer |
|
|
3,597,007 |
$ 170,265 |
Total
Investments (cost $171,907,600) – 149.8% |
|
|
178,326,198 |
|
Floating
Rate Obligations – (9.8)% |
|
|
(11,620,000) |
|
Variable
Rate Demand Preferred Shares, at Liquidation Value – (42.0)% (5) |
|
|
(50,000,000) |
|
Other
Assets Less Liabilities – 2.0% |
|
|
2,348,060 |
|
Net Assets
Applicable to Common Shares – 100% |
|
|
$
119,054,258 |