|
|
Portfolio of Investments (Unaudited)
|
|
|
|
|
|
|
|
|
Nuveen New York Dividend Advantage Municipal Fund (NAN)
|
|
|
|
|
|
|
|
|
December 31, 2007
|
|
|
|
|
|
|
Principal
|
|
|
|
Optional Call
|
|
|
|
|
Amount (000)
|
|
Description (1)
|
|
Provisions (2)
|
|
Ratings (3)
|
|
Value
|
|
|
|
Consumer Discretionary 2.7% (1.8% of Total Investments)
|
|
|
|
|
|
|
$ 500
|
|
New York City Industrial Development Agency, New York, Liberty Revenue Bonds,
|
|
9/15 at 100.00
|
|
Baa3
|
$
|
452,750
|
|
|
IAC/InterActiveCorp, Series 2005, 5.000%, 9/01/35
|
|
|
|
|
|
|
3,600
|
|
Seneca Nation of Indians Capital Improvements Authority, New York, Special Obligation Bonds,
|
|
6/17 at 100.00
|
|
BB
|
|
3,215,268
|
|
|
Series 2007A, 5.000%, 12/01/23
|
|
|
|
|
|
|
|
4,100
|
|
Total Consumer Discretionary
|
|
|
|
|
|
3,668,018
|
|
|
|
Consumer Staples 2.6% (1.7% of Total Investments)
|
|
|
|
|
|
|
400
|
|
New York Counties Tobacco Trust II, Tobacco Settlement Pass-Through Bonds, Series 2001,
|
|
6/11 at 101.00
|
|
BBB
|
|
393,084
|
|
|
5.250%, 6/01/25
|
|
|
|
|
|
|
870
|
|
Puerto Rico, The Childrens Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
|
|
5/12 at 100.00
|
|
BBB
|
|
853,409
|
|
|
Series 2002, 5.375%, 5/15/33
|
|
|
|
|
|
|
325
|
|
Rensselaer Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed
|
|
6/12 at 100.00
|
|
BBB
|
|
315,777
|
|
|
Bonds, Series 2001A, 5.200%, 6/01/25
|
|
|
|
|
|
|
|
|
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006:
|
|
|
|
|
|
|
960
|
|
4.750%, 6/01/22
|
|
6/16 at 100.00
|
|
BBB
|
|
935,990
|
1,125
|
|
5.000%, 6/01/26
|
|
6/16 at 100.00
|
|
BBB
|
|
1,088,269
|
|
3,680
|
|
Total Consumer Staples
|
|
|
|
|
|
3,586,529
|
|
|
|
Education and Civic Organizations 18.7% (12.5% of Total Investments)
|
|
|
|
|
|
|
380
|
|
Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series
|
|
7/17 at 100.00
|
|
BBB
|
|
354,871
|
|
|
2007A, 5.000%, 7/01/31
|
|
|
|
|
|
|
160
|
|
Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter
|
|
4/17 at 100.00
|
|
N/R
|
|
140,336
|
|
|
Schools, Series 2007A, 5.000%, 4/01/37
|
|
|
|
|
|
|
120
|
|
Cattaraugus County Industrial Development Agency, New York, Revenue Bonds, St. Bonaventure
|
|
5/16 at 100.00
|
|
BBB
|
|
116,429
|
|
|
University, Series 2006, 5.000%, 5/01/23
|
|
|
|
|
|
|
1,635
|
|
Dormitory Authority of the State of New York, General Revenue Bonds, Manhattan College, Series
|
|
7/17 at 100.00
|
|
AA
|
|
1,560,951
|
|
|
2007A, 5.000%, 7/01/41 RAAI Insured
|
|
|
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
|
No Opt. Call
|
|
AAA
|
|
1,074,180
|
|
|
Facilities, Series 2003B, 5.250%, 7/01/32 (Mandatory put 7/01/13) XLCA Insured
|
|
|
|
|
|
|
845
|
|
Dormitory Authority of the State of New York, Revenue Bonds, City University of New York,
|
|
No Opt. Call
|
|
AAA
|
|
958,627
|
|
|
Series 2005A, 5.500%, 7/01/18 FGIC Insured
|
|
|
|
|
|
|
195
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Fashion Institute of Technology,
|
|
7/10 at 101.00
|
|
AAA
|
|
205,635
|
|
|
Series 2000, 5.375%, 7/01/20 FSA Insured
|
|
|
|
|
|
|
1,250
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Marymount Manhattan College,
|
|
7/09 at 101.00
|
|
AA
|
|
1,295,013
|
|
|
Series 1999, 6.250%, 7/01/29 RAAI Insured
|
|
|
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Pratt Institute, Series 1999:
|
|
|
|
|
|
|
1,750
|
|
6.000%, 7/01/20 RAAI Insured
|
|
7/09 at 102.00
|
|
AA
|
|
1,823,133
|
750
|
|
6.000%, 7/01/28 RAAI Insured
|
|
7/09 at 102.00
|
|
AA
|
|
781,343
|
1,630
|
|
Dutchess County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bard
|
|
8/17 at 100.00
|
|
A3
|
|
1,502,012
|
|
|
College Project, Series 2007-A2, 4.500%, 8/01/36
|
|
|
|
|
|
|
370
|
|
Hempstead Town Industrial Development Agency, New York, Revenue Bonds, Adelphi University,
|
|
10/15 at 100.00
|
|
A
|
|
364,509
|
|
|
Civic Facility Project, Series 2005, 5.000%, 10/01/35
|
|
|
|
|
|
|
|
|
Kenmore Housing Authority, New York, Revenue Bonds, State University of New York at Buffalo
|
|
|
|
|
|
|
|
|
Student Apartment Project, Series 1999A:
|
|
|
|
|
|
|
3,050
|
|
5.500%, 8/01/19 RAAI Insured
|
|
8/09 at 102.00
|
|
AA
|
|
3,132,503
|
2,750
|
|
5.500%, 8/01/24 RAAI Insured
|
|
8/09 at 102.00
|
|
AA
|
|
2,803,488
|
3,070
|
|
Monroe County Industrial Development Agency, New York, Civic Facility Revenue Bonds, St. John
|
|
6/09 at 102.00
|
|
AA
|
|
3,109,450
|
|
|
Fisher College, Series 1999, 5.375%, 6/01/24 RAAI Insured
|
|
|
|
|
|
|
330
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, St.
|
|
10/14 at 100.00
|
|
A
|
|
323,298
|
|
|
Francis College, Series 2004, 5.000%, 10/01/34
|
|
|
|
|
|
|
1,800
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, YMCA of
|
|
2/11 at 100.00
|
|
A
|
|
1,841,778
|
|
|
Greater New York, Series 2002, 5.250%, 8/01/21
|
|
|
|
|
|
|
700
|
|
New York City Industrial Development Agency, New York, PILOT Revenue Bonds Yankee Stadium
|
|
9/16 at 100.00
|
|
AAA
|
|
744,359
|
|
|
Project, Residual Series 07-1032, 6.970%, 3/01/39 FGIC Insured (IF)
|
|
|
|
|
|
|
1,630
|
|
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball
|
|
1/17 at 100.00
|
|
AAA
|
|
1,623,187
|
|
|
Stadium Project, Series 2006, 4.750%, 1/01/42 AMBAC Insured
|
|
|
|
|
|
|
150
|
|
New York City Industrial Development Agency, New York, Revenue Bonds, Yankee Stadium Pilots,
|
|
9/16 at 100.00
|
|
AAA
|
|
161,910
|
|
|
Trust 2148, 7.652%, 3/01/36 MBIA Insured (IF)
|
|
|
|
|
|
|
1,500
|
|
Niagara County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Niagara
|
|
11/11 at 101.00
|
|
AA
|
|
1,530,315
|
|
|
University, Series 2001A, 5.350%, 11/01/23 RAAI Insured
|
|
|
|
|
|
|
245
|
|
Seneca County Industrial Development Authority, New York, Revenue Bonds, New York Chiropractic
|
|
10/17 at 100.00
|
|
BBB
|
|
234,543
|
|
|
College, Series 2007, 5.000%, 10/01/27
|
|
|
|
|
|
|
|
25,310
|
|
Total Education and Civic Organizations
|
|
|
|
|
|
25,681,870
|
|
|
|
Financials 2.2% (1.5% of Total Investments)
|
|
|
|
|
|
|
1,100
|
|
Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds, Series
|
|
No Opt. Call
|
|
AA
|
|
1,164,031
|
|
|
2005, 5.250%, 10/01/35
|
|
|
|
|
|
|
1,740
|
|
Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series
|
|
No Opt. Call
|
|
AA
|
|
1,924,353
|
|
|
2007, 5.500%, 10/01/37
|
|
|
|
|
|
|
|
2,840
|
|
Total Financials
|
|
|
|
|
|
3,088,384
|
|
|
|
Health Care 34.2% (22.9% of Total Investments)
|
|
|
|
|
|
|
|
|
Albany Industrial Development Agency, New York, Revenue Bonds, Albany Medical Center,
|
|
|
|
|
|
|
|
|
Series 1999:
|
|
|
|
|
|
|
1,120
|
|
6.000%, 5/01/19
|
|
5/09 at 101.00
|
|
N/R
|
|
1,126,261
|
1,460
|
|
6.000%, 5/01/29
|
|
5/09 at 101.00
|
|
N/R
|
|
1,423,880
|
2,270
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,
|
|
2/09 at 101.00
|
|
AAA
|
|
2,334,037
|
|
|
Memorial Hospital of William F. and Gertrude F. Jones Inc., Series 1999, 5.250%, 8/01/19
|
|
|
|
|
|
|
|
|
MBIA Insured
|
|
|
|
|
|
|
4,825
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,
|
|
8/09 at 101.00
|
|
AAA
|
|
4,995,899
|
|
|
Montefiore Medical Center, Series 1999, 5.450%, 8/01/29 AMBAC Insured
|
|
|
|
|
|
|
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,
|
|
|
|
|
|
|
|
|
Victory Memorial Hospital, Series 1999:
|
|
|
|
|
|
|
1,825
|
|
5.250%, 8/01/15 MBIA Insured
|
|
8/09 at 101.00
|
|
AAA
|
|
1,885,353
|
2,000
|
|
5.375%, 8/01/25 MBIA Insured
|
|
8/09 at 101.00
|
|
AAA
|
|
2,069,240
|
625
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore
|
|
2/15 at 100.00
|
|
AAA
|
|
643,563
|
|
|
Hospital, Series 2004, 5.000%, 8/01/29 FGIC Insured
|
|
|
|
|
|
|
2,600
|
|
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, St. Lukes Roosevelt
|
|
8/15 at 100.00
|
|
AA
|
|
2,635,360
|
|
|
Hospital, Series 2005, 4.900%, 8/15/31
|
|
|
|
|
|
|
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Franciscan Health
|
|
|
|
|
|
|
|
|
Partnership Obligated Group Frances Shervier Home and Hospital, Series 1997:
|
|
|
|
|
|
|
2,000
|
|
5.500%, 7/01/17 RAAI Insured
|
|
1/08 at 102.00
|
|
AA
|
|
2,043,240
|
2,000
|
|
5.500%, 7/01/27 RAAI Insured
|
|
1/08 at 102.00
|
|
AA
|
|
2,012,840
|
2,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Catholic Health Services of Long
|
|
7/10 at 101.00
|
|
Baa1
|
|
2,091,920
|
|
|
Island Obligated Group St. Catherine of Siena Medical Center, Series 2000A, 6.500%, 7/01/20
|
|
|
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Lenox Hill Hospital Obligated
|
|
|
|
|
|
|
|
|
Group, Series 2001:
|
|
|
|
|
|
|
165
|
|
5.375%, 7/01/20
|
|
7/11 at 101.00
|
|
Ba2
|
|
165,719
|
500
|
|
5.500%, 7/01/30
|
|
7/11 at 101.00
|
|
Ba2
|
|
489,705
|
3,150
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan Kettering Cancer
|
|
7/16 at 100.00
|
|
AA
|
|
3,247,871
|
|
|
Center, Series 2006-1, 5.000%, 7/01/35
|
|
|
|
|
|
|
1,575
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Mount Sinai NYU Health Obligated
|
|
7/10 at 101.00
|
|
Baa1
|
|
1,641,355
|
|
|
Group, Series 2000A, 6.500%, 7/01/25
|
|
|
|
|
|
|
250
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Mount Sinai NYU Health, Series
|
|
7/08 at 100.00
|
|
Baa1
|
|
251,388
|
|
|
2000C, 5.500%, 7/01/26
|
|
|
|
|
|
|
1,415
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian
|
|
8/14 at 100.00
|
|
AAA
|
|
1,546,454
|
|
|
Hospital, Series 2004A, 5.250%, 8/15/15 FSA Insured
|
|
|
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island Jewish
|
|
11/16 at 100.00
|
|
A3
|
|
976,820
|
|
|
Obligated Group, Series 2005A, 5.000%, 11/01/34
|
|
|
|
|
|
|
2,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series
|
|
7/17 at 100.00
|
|
BB
|
|
1,944,500
|
|
|
2007B, 5.625%, 7/01/37
|
|
|
|
|
|
|
500
|
|
Dormitory Authority of the State of New York, Revenue Bonds, South Nassau Communities
|
|
7/13 at 100.00
|
|
Baa1
|
|
509,845
|
|
|
Hospital, Series 2003B, 5.500%, 7/01/23
|
|
|
|
|
|
|
600
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Winthrop-South Nassau University
|
|
7/13 at 100.00
|
|
Baa1
|
|
601,548
|
|
|
Hospital Association, Series 2003A, 5.500%, 7/01/32
|
|
|
|
|
|
|
420
|
|
Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds,
|
|
7/10 at 100.00
|
|
BB
|
|
418,715
|
|
|
Nicholas H. Noyes Hospital, Series 2005, 6.000%, 7/01/30
|
|
|
|
|
|
|
|
|
Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Oneida
|
|
|
|
|
|
|
|
|
Health System, Series 2007A:
|
|
|
|
|
|
|
410
|
|
5.250%, 2/01/27
|
|
No Opt. Call
|
|
BBB
|
|
393,055
|
360
|
|
5.500%, 2/01/32
|
|
No Opt. Call
|
|
BBB
|
|
348,098
|
1,750
|
|
New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds, Series
|
|
2/13 at 100.00
|
|
AAA
|
|
1,859,498
|
|
|
2003A, 5.250%, 2/15/22 AMBAC Insured
|
|
|
|
|
|
|
575
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Staten
|
|
7/12 at 100.00
|
|
B2
|
|
576,225
|
|
|
Island University Hospital, Series 2001B, 6.375%, 7/01/31
|
|
|
|
|
|
|
100
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Staten
|
|
7/12 at 101.00
|
|
B2
|
|
100,631
|
|
|
Island University Hospital, Series 2002C, 6.450%, 7/01/32
|
|
|
|
|
|
|
320
|
|
New York State Dormitory Authority, Revenue Bonds, North Shore Jewish Obligated Group, Series
|
|
5/17 at 100.00
|
|
A3
|
|
313,795
|
|
|
2007A, 5.000%, 5/01/32
|
|
|
|
|
|
|
4,000
|
|
Ulster County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Kingston
|
|
11/09 at 101.00
|
|
A2
|
|
4,096,037
|
|
|
Hospital, Series 1999, 5.650%, 11/15/24
|
|
|
|
|
|
|
3,515
|
|
Yates County Industrial Development Agency, New York, FHA-Insured Civic Facility Mortgage
|
|
8/09 at 101.00
|
|
AAA
|
|
3,649,203
|
|
|
Revenue Bonds, Soldiers and Sailors Memorial Hospital, Series 1999A, 5.650%, 2/01/39
|
|
|
|
|
|
|
650
|
|
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. Johns Riverside Hospital,
|
|
7/11 at 101.00
|
|
B
|
|
660,329
|
|
|
Series 2001A, 7.125%, 7/01/31
|
|
|
|
|
|
|
|
45,980
|
|
Total Health Care
|
|
|
|
|
|
47,052,384
|
|
|
|
Housing/Multifamily 5.5% (3.7% of Total Investments)
|
|
|
|
|
|
|
2,585
|
|
New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds,
|
|
7/15 at 100.00
|
|
AAA
|
|
2,685,686
|
|
|
Series 2005A, 5.000%, 7/01/25 FGIC Insured
|
|
|
|
|
|
|
3,000
|
|
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
|
|
5/11 at 101.00
|
|
AA
|
|
3,078,120
|
|
|
Series 2001A, 5.500%, 11/01/31
|
|
|
|
|
|
|
750
|
|
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
|
|
5/14 at 100.00
|
|
AA
|
|
773,355
|
|
|
Series 2004A, 5.250%, 11/01/30
|
|
|
|
|
|
|
680
|
|
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
|
|
11/15 at 100.00
|
|
AA
|
|
675,281
|
|
|
Series 2005F-1, 4.750%, 11/01/35
|
|
|
|
|
|
|
405
|
|
New York State Housing Finance Agency, Affordable Housing Revenue, Series 2007A, 5.250%,
|
|
11/17 at 100.00
|
|
Aa2
|
|
395,596
|
|
|
11/01/38 (Alternative Minimum Tax)
|
|
|
|
|
|
|
|
7,420
|
|
Total Housing/Multifamily
|
|
|
|
|
|
7,608,038
|
|
|
|
Housing/Single Family 4.1% (2.8% of Total Investments)
|
|
|
|
|
|
|
645
|
|
Guam Housing Corporation, Mortgage-Backed Securities Program Single Family Mortgage Revenue
|
|
No Opt. Call
|
|
AAA
|
|
682,932
|
|
|
Bonds, Series 1998A, 5.750%, 9/01/31 (Alternative Minimum Tax)
|
|
|
|
|
|
|
485
|
|
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, 2007 Series 145, 5.125%,
|
|
4/17 at 100.00
|
|
Aa1
|
|
471,760
|
|
|
10/01/37 (Alternative Minimum Tax)
|
|
|
|
|
|
|
1,350
|
|
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 130, 4.650%, 4/01/27
|
|
4/15 at 100.00
|
|
Aa1
|
|
1,272,335
|
|
|
(Alternative Minimum Tax)
|
|
|
|
|
|
|
510
|
|
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 148, 2007, 5.200%,
|
|
10/17 at 100.00
|
|
Aa1
|
|
508,200
|
|
|
10/01/32 (Alternative Minimum Tax)
|
|
|
|
|
|
|
1,825
|
|
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 82, 5.650%, 4/01/30
|
|
10/09 at 100.00
|
|
Aa1
|
|
1,908,822
|
|
|
(Alternative Minimum Tax)
|
|
|
|
|
|
|
840
|
|
New York State Mortgage Agency, Mortgage Revenue Bonds, Thirty-Third Series A, 4.750%, 4/01/23
|
|
4/13 at 101.00
|
|
Aaa
|
|
824,485
|
|
|
(Alternative Minimum Tax)
|
|
|
|
|
|
|
|
5,655
|
|
Total Housing/Single Family
|
|
|
|
|
|
5,668,534
|
|
|
|
Long-Term Care 5.0% (3.4% of Total Investments)
|
|
|
|
|
|
|
2,000
|
|
Dormitory Authority of the State of New York, FHA-Insured Nursing Home Mortgage Revenue Bonds,
|
|
2/15 at 100.00
|
|
AA
|
|
2,016,760
|
|
|
Gurwin Jewish Geriatric Center of Long Island, Series 2005A, 4.900%, 2/15/41
|
|
|
|
|
|
|
600
|
|
Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of
|
|
2/17 at 103.00
|
|
AA
|
|
631,254
|
|
|
Westchester Project, Series 2006, 5.200%, 2/15/41
|
|
|
|
|
|
|
375
|
|
Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of Queens
|
|
11/16 at 100.00
|
|
Aa3
|
|
380,243
|
|
|
Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31
|
|
|
|
|
|
|
250
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Providence Rest, Series 2005,
|
|
7/15 at 100.00
|
|
CCC
|
|
209,633
|
|
|
5.000%, 7/01/35 ACA Insured
|
|
|
|
|
|
|
905
|
|
East Rochester Housing Authority, New York, Senior Living Revenue Bonds, Woodland Village
|
|
8/16 at 101.00
|
|
N/R
|
|
825,270
|
|
|
Project, Series 2006, 5.500%, 8/01/33
|
|
|
|
|
|
|
750
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
|
|
7/11 at 101.00
|
|
N/R
|
|
775,725
|
|
|
Needs Facilities Pooled Program, Series 2001A-1, 7.250%, 7/01/16
|
|
|
|
|
|
|
2,055
|
|
Yonkers Industrial Development Agency, New York, FHA-Insured Mortgage Revenue Bonds, Michael
|
|
2/09 at 101.00
|
|
AAA
|
|
2,097,251
|
|
|
Malotz Skilled Nursing Pavilion, Series 1999, 5.450%, 2/01/29 MBIA Insured
|
|
|
|
|
|
|
|
6,935
|
|
Total Long-Term Care
|
|
|
|
|
|
6,936,136
|
|
|
|
Materials 0.3% (0.2% of Total Investments)
|
|
|
|
|
|
|
330
|
|
Jefferson County Industrial Development Agency, New York, Solid Waste Disposal Revenue Bonds,
|
|
12/13 at 100.00
|
|
BBB
|
|
319,820
|
|
|
International Paper Company Project, Series 2003A, 5.200%, 12/01/20 (Alternative Minimum Tax)
|
|
|
|
|
|
|
|
|
|
Tax Obligation/General 14.2% (9.5% of Total Investments)
|
|
|
|
|
|
|
2,600
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 1999J, 5.125%, 5/15/29
|
|
5/09 at 101.00
|
|
AAA
|
|
2,673,736
|
|
|
MBIA Insured
|
|
|
|
|
|
|
1,000
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 2004C, 5.250%, 8/15/16
|
|
8/14 at 100.00
|
|
AA
|
|
1,092,960
|
3,700
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 2007A, 5.000%, 8/01/25
|
|
8/16 at 100.00
|
|
AA
|
|
3,821,061
|
6,590
|
|
New York City, New York, General Obligation Bonds, Series D, 5.125%, 12/01/25
|
|
12/17 at 100.00
|
|
AA
|
|
6,897,486
|
|
|
Rochester, New York, General Obligation Bonds, Series 1999:
|
|
|
|
|
|
|
720
|
|
5.250%, 10/01/18 MBIA Insured
|
|
No Opt. Call
|
|
AAA
|
|
813,089
|
720
|
|
5.250%, 10/01/19 MBIA Insured
|
|
No Opt. Call
|
|
AAA
|
|
814,147
|
2,280
|
|
Rockland County, New York, General Obligation Bonds, Series 1999, 5.600%, 10/15/16
|
|
10/09 at 101.00
|
|
AA
|
|
2,457,019
|
|
|
United Nations Development Corporation, New York, Senior Lien Revenue Bonds, Series 2004A:
|
|
|
|
|
|
|
500
|
|
5.250%, 7/01/23
|
|
1/08 at 100.00
|
|
A3
|
|
500,565
|
500
|
|
5.250%, 7/01/24
|
|
1/08 at 100.00
|
|
A3
|
|
500,565
|
|
18,610
|
|
Total Tax Obligation/General
|
|
|
|
|
|
19,570,628
|
|
|
|
Tax Obligation/Limited 30.5% (20.5% of Total Investments)
|
|
|
|
|
|
|
1,000
|
|
Battery Park City Authority, New York, Senior Revenue Bonds, Series 2003A, 5.250%, 11/01/21
|
|
11/13 at 100.00
|
|
AAA
|
|
1,075,720
|
590
|
|
Dormitory Authority of the State of New York, Department of Health Revenue Bonds, Series
|
|
7/15 at 100.00
|
|
AAA
|
|
625,028
|
|
|
2005A, 5.250%, 7/01/24 CIFG Insured
|
|
|
|
|
|
|
10
|
|
Dormitory Authority of the State of New York, Improvement Revenue Bonds, Mental Health
|
|
8/10 at 100.00
|
|
AAA
|
|
10,599
|
|
|
Services Facilities, Series 2000D, 5.875%, 8/15/18 FSA Insured
|
|
|
|
|
|
|
500
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Mental Health Services Facilities
|
|
2/15 at 100.00
|
|
AAA
|
|
514,605
|
|
|
Improvements, Series 2005B, 5.000%, 2/15/30 AMBAC Insured
|
|
|
|
|
|
|
1,850
|
|
Dormitory Authority of the State of New York, Secured Hospital Revenue Refunding Bonds,
|
|
2/08 at 101.50
|
|
AAA
|
|
1,882,005
|
|
|
Wyckoff Heights Medical Center, Series 1998H, 5.300%, 8/15/21 MBIA Insured
|
|
|
|
|
|
|
185
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
|
|
3/15 at 100.00
|
|
AAA
|
|
196,067
|
|
|
2005F, 5.000%, 3/15/21 FSA Insured
|
|
|
|
|
|
|
550
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
|
5/14 at 100.00
|
|
AAA
|
|
610,159
|
|
|
City School District, Series 2004, 5.750%, 5/01/26 FSA Insured
|
|
|
|
|
|
|
|
|
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2002A:
|
|
|
|
|
|
|
2,000
|
|
5.250%, 11/15/25 FSA Insured
|
|
11/12 at 100.00
|
|
AAA
|
|
2,122,300
|
2,000
|
|
5.000%, 11/15/30
|
|
11/12 at 100.00
|
|
AA
|
|
2,044,520
|
1,000
|
|
Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,
|
|
7/12 at 100.00
|
|
AA
|
|
1,030,130
|
|
|
Series 2002A, 5.125%, 1/01/29
|
|
|
|
|
|
|
1,130
|
|
Monroe Newpower Corporation, New York, Power Facilities Revenue Bonds, Series 2003,
|
|
1/13 at 102.00
|
|
BBB
|
|
1,103,287
|
|
|
5.500%, 1/01/34
|
|
|
|
|
|
|
|
|
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local
|
|
|
|
|
|
|
|
|
Government Assistance Corporation, Series 2004A:
|
|
|
|
|
|
|
1,100
|
|
5.000%, 10/15/25 MBIA Insured
|
|
10/14 at 100.00
|
|
AAA
|
|
1,155,088
|
810
|
|
5.000%, 10/15/26 MBIA Insured
|
|
10/14 at 100.00
|
|
AAA
|
|
848,613
|
1,875
|
|
5.000%, 10/15/29 AMBAC Insured
|
|
10/14 at 100.00
|
|
AAA
|
|
1,954,256
|
2,100
|
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal
|
|
1/17 at 100.00
|
|
AAA
|
|
2,193,891
|
|
|
Series 2007S-2, 5.000%, 1/15/28 FGIC Insured
|
|
|
|
|
|
|
1,670
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
|
2/13 at 100.00
|
|
AAA
|
|
1,751,012
|
|
|
Series 2003E, 5.000%, 2/01/23
|
|
|
|
|
|
|
2,115
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
|
11/17 at 100.00
|
|
AAA
|
|
2,236,930
|
|
|
Series 2007C-1, 5.000%, 11/01/27
|
|
|
|
|
|
|
700
|
|
New York Convention Center Development Corporation, Hotel Unit Fee Revenue Bonds, Series 2005,
|
|
11/15 at 100.00
|
|
AAA
|
|
717,122
|
|
|
5.000%, 11/15/44 AMBAC Insured
|
|
|
|
|
|
|
1,000
|
|
New York State Environmental Facilities Corporation, Infrastructure Revenue Bonds, Series
|
|
3/14 at 100.00
|
|
AA
|
|
1,046,300
|
|
|
2003A, 5.000%, 3/15/21
|
|
|
|
|
|
|
1,190
|
|
New York State Housing Finance Agency, State Personal Income Tax Revenue Bonds, Economic
|
|
9/15 at 100.00
|
|
AAA
|
|
1,233,399
|
|
|
Development and Housing, Series 2006A: 5.000%, 3/15/36
|
|
|
|
|
|
|
|
|
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second Generation,
|
|
|
|
|
|
|
|
|
Series 2005B:
|
|
|
|
|
|
|
3,400
|
|
5.500%, 4/01/20 AMBAC Insured (UB)
|
|
No Opt. Call
|
|
AAA
|
|
3,905,886
|
1,000
|
|
5.000%, 4/01/21 AMBAC Insured
|
|
10/15 at 100.00
|
|
AAA
|
|
1,064,160
|
1,625
|
|
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2007,
|
|
10/17 at 100.00
|
|
AA
|
|
1,708,753
|
|
|
5.000%, 4/01/27
|
|
|
|
|
|
|
|
|
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
|
|
|
|
|
|
|
|
|
State Contingency Contract-Backed Bonds, Series 2003A-1:
|
|
|
|
|
|
|
4,000
|
|
5.250%, 6/01/20 AMBAC Insured
|
|
6/13 at 100.00
|
|
AAA
|
|
4,260,237
|
2,000
|
|
5.250%, 6/01/22 AMBAC Insured
|
|
6/13 at 100.00
|
|
AAA
|
|
2,124,100
|
1,000
|
|
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
|
|
6/13 at 100.00
|
|
AA
|
|
1,070,110
|
|
|
State Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21
|
|
|
|
|
|
|
3,345
|
|
Suffolk County Judicial Facilities Agency, New York, Service Agreement Revenue Bonds, John P.
|
|
10/09 at 101.00
|
|
AAA
|
|
3,497,733
|
|
|
Colahan Court Complex, Series 1999, 5.250%, 10/15/15 AMBAC Insured
|
|
|
|
|
|
|
|
39,745
|
|
Total Tax Obligation/Limited
|
|
|
|
|
|
41,982,010
|
|
|
|
Transportation 12.0% (8.0% of Total Investments)
|
|
|
|
|
|
|
310
|
|
Albany Parking Authority, New York, Revenue Bonds, Series 2001A, 5.625%, 7/15/25
|
|
7/11 at 101.00
|
|
BBB+
|
|
321,014
|
3,000
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2007B,
|
|
11/17 at 100.00
|
|
A
|
|
3,083,400
|
|
|
5.000%, 11/15/33
|
|
|
|
|
|
|
1,000
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,
|
|
11/12 at 100.00
|
|
AAA
|
|
1,058,380
|
|
|
Series 2002A, 5.125%, 11/15/22 FGIC Insured
|
|
|
|
|
|
|
1,750
|
|
New York City Industrial Development Agency, New York, American Airlines-JFK International
|
|
8/16 at 101.00
|
|
B
|
|
1,913,013
|
|
|
Airport Special Facility Revenue Bonds, Series 2005, 7.750%, 8/01/31 (Alternative Minimum Tax)
|
|
|
|
|
|
|
105
|
|
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds,
|
|
12/08 at 102.00
|
|
BB+
|
|
87,720
|
|
|
British Airways PLC, Series 1998, 5.250%, 12/01/32 (Alternative Minimum Tax)
|
|
|
|
|
|
|
1,000
|
|
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds, JFK
|
|
8/12 at 101.00
|
|
B
|
|
1,087,000
|
|
|
Airport American Airlines Inc., Series 2002B, 8.500%, 8/01/28 (Alternative Minimum Tax)
|
|
|
|
|
|
|
450
|
|
New York City Industrial Development Authority, New York, JetBlue, 5.000%, 5/15/20
|
|
5/12 at 100.00
|
|
B
|
|
384,273
|
|
|
(Alternative Minimum Tax)
|
|
|
|
|
|
|
865
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005F, 5.000%, 1/01/30
|
|
1/15 at 100.00
|
|
AAA
|
|
896,771
|
|
|
AMBAC Insured
|
|
|
|
|
|
|
700
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30
|
|
7/15 at 100.00
|
|
AAA
|
|
730,443
|
|
|
FSA Insured
|
|
|
|
|
|
|
500
|
|
Niagara Frontier Airport Authority, New York, Airport Revenue Bonds, Buffalo Niagara
|
|
4/09 at 101.00
|
|
AAA
|
|
513,270
|
|
|
International Airport, Series 1999A, 5.625%, 4/01/29 MBIA Insured (Alternative Minimum Tax)
|
|
|
|
|
|
|
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth
|
|
|
|
|
|
|
|
|
Series 2005:
|
|
|
|
|
|
|
1,300
|
|
5.000%, 12/01/28 XLCA Insured
|
|
6/15 at 101.00
|
|
AAA
|
|
1,354,496
|
615
|
|
5.000%, 12/01/31 XLCA Insured
|
|
6/15 at 101.00
|
|
AAA
|
|
639,569
|
590
|
|
Port Authority of New York and New Jersey, One Hundred and Forty Eighth Consolidated Revenue
|
|
8/17 at 100.00
|
|
AAA
|
|
677,173
|
|
|
Bonds, RITES Trust 1516, 7.411%, 8/15/32 FSA Insured (IF)
|
|
|
|
|
|
|
1,000
|
|
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Series 2001A,
|
|
1/12 at 100.00
|
|
Aa2
|
|
1,066,330
|
|
|
5.250%, 1/01/16
|
|
|
|
|
|
|
2,500
|
|
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Refunding Bonds,
|
|
11/12 at 100.00
|
|
Aa2
|
|
2,619,475
|
|
|
Series 2002B, 5.000%, 11/15/21
|
|
|
|
|
|
|
|
15,685
|
|
Total Transportation
|
|
|
|
|
|
16,432,327
|
|
|
|
U.S. Guaranteed 8.8% (5.9% of Total Investments) (4)
|
|
|
|
|
|
|
390
|
|
Albany Parking Authority, New York, Revenue Bonds, Series 2001A, 5.625%, 7/15/25
|
|
7/11 at 101.00
|
|
N/R (4)
|
|
426,602
|
|
|
(Pre-refunded 7/15/11)
|
|
|
|
|
|
|
25
|
|
Dormitory Authority of the State of New York, Improvement Revenue Bonds, Mental Health
|
|
8/10 at 100.00
|
|
Aaa
|
|
26,769
|
|
|
Services Facilities, Series 2000D, 5.875%, 8/15/18 (Pre-refunded 8/15/10) FSA Insured
|
|
|
|
|
|
|
305
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Fashion Institute of Technology,
|
|
7/10 at 101.00
|
|
AAA
|
|
324,810
|
|
|
Series 2000, 5.375%, 7/01/20 (Pre-refunded 7/01/10) FSA Insured
|
|
|
|
|
|
|
490
|
|
Erie County Tobacco Asset Securitization Corporation, New York, Senior Tobacco Settlement
|
|
7/10 at 101.00
|
|
AAA
|
|
529,274
|
|
|
Asset-Backed Bonds, Series 2000, 6.000%, 7/15/20 (Pre-refunded 7/15/10)
|
|
|
|
|
|
|
35
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 1998A,
|
|
6/08 at 101.00
|
|
AAA
|
|
35,673
|
|
|
5.125%, 12/01/22 (Pre-refunded 6/01/08) FSA Insured.
|
|
|
|
|
|
|
535
|
|
Metropolitan Transportation Authority, New York, Commuter Facilities Revenue Bonds, Series
|
|
1/08 at 102.00
|
|
AAA
|
|
546,428
|
|
|
1997B, 5.000%, 7/01/20 AMBAC Insured (ETM)
|
|
|
|
|
|
|
|
|
Monroe Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed
|
|
|
|
|
|
|
|
|
Bonds, Series 2000:
|
|
|
|
|
|
|
265
|
|
6.000%, 6/01/15 (Pre-refunded 6/01/10)
|
|
6/10 at 101.00
|
|
AAA
|
|
285,373
|
1,360
|
|
6.150%, 6/01/25 (Pre-refunded 6/01/10)
|
|
6/10 at 101.00
|
|
AAA
|
|
1,444,850
|
570
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
|
|
7/10 at 102.00
|
|
N/R (4)
|
|
627,673
|
|
|
Needs Facilities Pooled Program, Series 2000, 8.125%, 7/01/19 (Pre-refunded 7/01/10)
|
|
|
|
|
|
|
3,000
|
|
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Series 1997A,
|
|
1/22 at 100.00
|
|
AAA
|
|
3,414,600
|
|
|
5.250%, 1/01/28 (Pre-refunded 1/01/22)
|
|
|
|
|
|
|
600
|
|
Utica Industrial Development Agency, New York, Revenue Bonds, Utica College, Series 2004A,
|
|
6/09 at 101.00
|
|
N/R (4)
|
|
636,450
|
|
|
6.875%, 12/01/34 (Pre-refunded 6/01/09)
|
|
|
|
|
|
|
750
|
|
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 1999A, 6.500%,
|
|
10/10 at 101.00
|
|
BBB+ (4)
|
|
824,093
|
|
|
10/01/24 (Pre-refunded 10/01/10)
|
|
|
|
|
|
|
1,250
|
|
Westchester Tobacco Asset Securitization Corporation, New York, Tobacco Settlement
|
|
7/10 at 101.00
|
|
AAA
|
|
1,372,913
|
|
|
Asset-Backed Bonds, Series 1999, 6.750%, 7/15/29 (Pre-refunded 7/15/10)
|
|
|
|
|
|
|
1,400
|
|
Yonkers Industrial Development Agency, New York, Revenue Bonds, Community Development
|
|
2/11 at 100.00
|
|
BBB (4)
|
|
1,545,096
|
|
|
Properties Yonkers Inc. Project, Series 2001A, 6.625%, 2/01/26 (Pre-refunded 2/01/11)
|
|
|
|
|
|
|
|
10,975
|
|
Total U.S. Guaranteed
|
|
|
|
|
|
12,040,604
|
|
|
|
Utilities 7.5% (5.0% of Total Investments)
|
|
|
|
|
|
|
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:
|
|
|
|
|
|
|
2,500
|
|
5.000%, 12/01/23 FGIC Insured
|
|
6/16 at 100.00
|
|
AAA
|
|
2,646,850
|
2,500
|
|
5.000%, 12/01/24 FGIC Insured
|
|
6/16 at 100.00
|
|
AAA
|
|
2,637,750
|
250
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006B,
|
|
6/16 at 100.00
|
|
AAA
|
|
258,935
|
|
|
5.000%, 12/01/35 CIFG Insured
|
|
|
|
|
|
|
1,400
|
|
Nassau County Industrial Development Authority, New York, Keyspan Glenwood Energy Project,
|
|
6/13 at 100.00
|
|
A
|
|
1,406,482
|
|
|
Series 2003, 5.250%, 6/01/27 (Alternative Minimum Tax)
|
|
|
|
|
|
|
250
|
|
Niagara County Industrial Development Agency, New York, Solid Waste Disposal Facility Revenue
|
|
11/11 at 101.00
|
|
Baa2
|
|
252,930
|
|
|
Bonds, American Ref-Fuel Company of Niagara LP, Series 2001C, 5.625%, 11/15/24 (Mandatory put
|
|
|
|
|
|
|
|
|
11/15/14) (Alternative Minimum Tax)
|
|
|
|
|
|
|
600
|
|
Niagara County Industrial Development Agency, New York, Solid Waste Disposal Facility Revenue
|
|
11/11 at 101.00
|
|
Baa2
|
|
607,224
|
|
|
Refunding Bonds, American Ref-Fuel Company of Niagara LP, Series 2001B, 5.550%, 11/15/24
|
|
|
|
|
|
|
|
|
(Mandatory put 11/15/13) (Alternative Minimum Tax)
|
|
|
|
|
|
|
2,000
|
|
Power Authority of the State of New York, General Revenue Bonds, Series 2000A, 5.250%, 11/15/30
|
|
11/10 at 100.00
|
|
Aa2
|
|
2,078,060
|
370
|
|
Suffolk County Industrial Development Agency, New York, Revenue Bonds, Nissequogue
|
|
No Opt. Call
|
|
N/R
|
|
370,000
|
|
|
Cogeneration Partners Facility, Series 1998, 4.875%, 1/01/08 (Alternative Minimum Tax)
|
|
|
|
|
|
|
|
9,870
|
|
Total Utilities
|
|
|
|
|
|
10,258,231
|
|
|
|
Water and Sewer 0.9% (0.6% of Total Investments)
|
|
|
|
|
|
|
1,130
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue
|
|
6/12 at 100.00
|
|
AA+
|
|
1,214,999
|
|
|
Bonds, Fiscal Series 2003A, 5.375%, 6/15/19
|
|
|
|
|
|
|
|
$ 198,265
|
|
Total Investments (cost $200,271,938) 149.2%
|
|
|
|
|
|
205,108,512
|
|
|
|
|
|
Floating Rate Obligations (1.9%)
|
|
|
|
|
|
(2,550,000)
|
|
|
|
|
|
Other Assets Less Liabilities 2.9%
|
|
|
|
|
|
3,941,754
|
|
|
|
|
|
Preferred Shares, at Liquidation Value (50.2)%
|
|
|
|
|
|
(69,000,000)
|
|
|
|
|
|
Net Assets Applicable to Common Shares 100%
|
|
|
|
|
$
|
137,500,266
|
|
|
|