|
|
|
|
|
|
|
|
Portfolio of Investments (Unaudited)
|
|
|
|
|
|
Nuveen New York Select Quality Municipal Fund, Inc. (NVN)
|
|
|
|
|
|
June 30, 2012
|
|
|
|
|
|
|
|
|
|
Principal
|
|
|
Optional Call
|
|
|
Amount (000)
|
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Consumer Staples – 2.1% (1.4% of Total Investments)
|
|
|
|
$ 10,720
|
|
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006, 5.125%, 6/01/42
|
6/16 at 100.00
|
BB
|
$ 7,729,013
|
|
|
Education and Civic Organizations – 24.7% (16.3% of Total Investments)
|
|
|
|
2,500
|
|
Dormitory Authority of the State of New York, General Revenue Bonds, New York University,
|
No Opt. Call
|
AA–
|
3,279,025
|
|
|
Series 2001-1, 5.500%, 7/01/40 – AMBAC Insured
|
|
|
|
3,000
|
|
Dormitory Authority of the State of New York, General Revenue Bonds, Saint Johns University,
|
7/17 at 100.00
|
A–
|
3,261,390
|
|
|
Series 2007A, 5.250%, 7/01/32 – NPFG Insured
|
|
|
|
1,235
|
|
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute of
|
No Opt. Call
|
BBB
|
1,388,572
|
|
|
Technology, Series 2007, 5.250%, 7/01/34 – FGIC Insured
|
|
|
|
695
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Fordham University,
|
7/12 at 100.00
|
A2
|
696,932
|
|
|
Series 2002, 5.000%, 7/01/18 – FGIC Insured
|
|
|
|
135
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Yeshiva University,
|
1/13 at 100.00
|
A2
|
135,347
|
|
|
Series 2001, 5.000%, 7/01/19 – AMBAC Insured
|
|
|
|
2,000
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
No Opt. Call
|
Aa2
|
2,095,480
|
|
|
Facilities, Series 2003B, 5.250%, 7/01/32 (Mandatory put 7/01/13) – SYNCORA GTY Insured
|
|
|
|
1,835
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
7/15 at 100.00
|
Aa2
|
2,002,664
|
|
|
Facilities, Series 2004A, 5.000%, 7/01/29 – NPFG Insured
|
|
|
|
2,790
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
7/16 at 100.00
|
Aa2
|
2,976,846
|
|
|
Facilities, Series 2006A, 5.000%, 7/01/31 – NPFG Insured
|
|
|
|
6,215
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
7/19 at 100.00
|
Aa2
|
6,807,911
|
|
|
Facilities, Series 2009A, 5.000%, 7/01/39
|
|
|
|
735
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Barnard College, Series 2007A,
|
7/17 at 100.00
|
BBB
|
767,531
|
|
|
5.000%, 7/01/37 – FGIC Insured
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Canisius College, Series 2000:
|
|
|
|
1,000
|
|
5.100%, 7/01/20 – NPFG Insured
|
1/13 at 100.00
|
BBB
|
1,001,760
|
2,875
|
|
5.250%, 7/01/30 – NPFG Insured
|
1/13 at 100.00
|
BBB
|
2,877,674
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Convent of the Sacred Heart,
|
|
|
|
|
|
Series 2011:
|
|
|
|
1,000
|
|
5.625%, 11/01/35 – AGM Insured
|
5/21 at 100.00
|
AA–
|
1,170,670
|
1,020
|
|
5.750%, 11/01/40 – AGM Insured
|
5/21 at 100.00
|
AA–
|
1,196,093
|
995
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 2007,
|
7/17 at 100.00
|
AA–
|
1,088,550
|
|
|
5.000%, 7/01/32 – AMBAC Insured
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 2009A:
|
|
|
|
3,300
|
|
5.250%, 7/01/34
|
7/19 at 100.00
|
AA–
|
3,857,700
|
3,890
|
|
5.000%, 7/01/39
|
7/19 at 100.00
|
AA–
|
4,314,749
|
3,750
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
|
7/19 at 100.00
|
AA–
|
4,159,463
|
|
|
2009B, 5.000%, 7/01/39
|
|
|
|
1,600
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Non State Supported Debt, Cornell
|
7/20 at 100.00
|
Aa1
|
1,795,376
|
|
|
University, Series 2008C, 5.000%, 7/01/37
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Rochester Institute of
|
|
|
|
|
|
Technology, Series 2006A:
|
|
|
|
775
|
|
5.250%, 7/01/20 – AMBAC Insured
|
No Opt. Call
|
A1
|
948,275
|
620
|
|
5.250%, 7/01/21 – AMBAC Insured
|
No Opt. Call
|
A1
|
763,189
|
3,545
|
|
Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Colgate
|
No Opt. Call
|
AA+
|
3,999,150
|
|
|
University, Tender Option Bond Trust 3127, 13.095%, 1/01/14 – AMBAC Insured (IF)
|
|
|
|
7,250
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Horace
|
1/13 at 100.00
|
BBB
|
7,273,273
|
|
|
Mann School, Series 1998, 5.000%, 7/01/28 – NPFG Insured
|
|
|
|
800
|
|
New York City Industrial Development Agency, New York, Payment in Lieu of Taxes Revenue Bonds,
|
1/19 at 100.00
|
AA–
|
904,224
|
|
|
Queens Baseball Stadium Project, Series 2009, 6.375%, 1/01/39 – AGC Insured
|
|
|
|
|
|
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball
|
|
|
|
|
|
Stadium Project, Series 2006:
|
|
|
|
2,000
|
|
5.000%, 1/01/36 – AMBAC Insured
|
1/17 at 100.00
|
BB+
|
2,000,800
|
3,200
|
|
5.000%, 1/01/46 – AMBAC Insured
|
1/17 at 100.00
|
BB+
|
3,153,920
|
1,905
|
|
New York City Industrial Development Agency, New York, Revenue Bonds, Yankee Stadium Project
|
3/19 at 100.00
|
AA–
|
2,264,245
|
|
|
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:
|
|
|
|
1,195
|
|
5.000%, 3/01/31 – FGIC Insured
|
9/16 at 100.00
|
BBB
|
1,239,741
|
9,735
|
|
5.000%, 3/01/36 – NPFG Insured
|
9/16 at 100.00
|
BBB
|
10,012,740
|
5,830
|
|
4.500%, 3/01/39 – FGIC Insured
|
9/16 at 100.00
|
BBB
|
5,789,365
|
2,000
|
|
New York City Trust for Cultural Resources, New York, Revenue Bonds, American Museum of
|
7/14 at 100.00
|
AA
|
2,144,780
|
|
|
Natural History, Series 2004A, 5.000%, 7/01/36 – NPFG Insured
|
|
|
|
2,400
|
|
New York City Trust for Cultural Resources, New York, Revenue Bonds, Whitney Museum of
|
1/21 at 100.00
|
A
|
2,637,840
|
|
|
American Art, Series 2011, 5.000%, 7/01/31
|
|
|
|
1,000
|
|
Onongada County Trust For Cultural Resources, New York, Revenue Bonds, Syracuse University
|
12/21 at 100.00
|
Aa3
|
1,130,200
|
|
|
Project, Series 2011, 5.000%, 12/01/36
|
|
|
|
1,390
|
|
Tompkins County Development Corporation, New York, Revenue Bonds, Ithaca College, Series 2011,
|
1/21 at 100.00
|
Aa3
|
1,585,851
|
|
|
5.500%, 7/01/33 – AGM Insured
|
|
|
|
1,100
|
|
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute,
|
9/20 at 100.00
|
A–
|
1,196,272
|
|
|
Series 2010A, 5.125%, 9/01/40
|
|
|
|
85,315
|
|
Total Education and Civic Organizations
|
|
|
91,917,598
|
|
|
Financials – 1.2% (0.8% of Total Investments)
|
|
|
|
4,000
|
|
Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds, Series
|
No Opt. Call
|
A1
|
4,494,720
|
|
|
2005, 5.250%, 10/01/35
|
|
|
|
|
|
Health Care – 11.0% (7.3% of Total Investments)
|
|
|
|
2,660
|
|
Albany Capital Resource Corporation, New York, St. Peter’s Hospital Project, Series 2011,
|
11/20 at 100.00
|
A3
|
3,134,544
|
|
|
6.125%, 11/15/30
|
|
|
|
810
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,
|
8/19 at 100.00
|
AA+
|
993,805
|
|
|
Hospital for Special Surgery, Series 2009, 6.250%, 8/15/34
|
|
|
|
2,295
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Hudson
|
8/17 at 100.00
|
AA–
|
2,498,475
|
|
|
Valley Hospital Center, Series 2007, 5.000%, 8/15/27 – AGM Insured
|
|
|
|
2,655
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore
|
2/15 at 100.00
|
BBB
|
2,885,189
|
|
|
Hospital, Series 2004, 5.000%, 8/01/29 – FGIC Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, Montefiore Medical
|
2/15 at 100.00
|
BBB
|
1,099,860
|
|
|
Center, Series 2005, 5.000%, 2/01/22 – FGIC Insured
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Health Quest System Inc.,
|
|
|
|
|
|
Series 2007B:
|
|
|
|
1,000
|
|
5.250%, 7/01/27 – AGC Insured
|
7/17 at 100.00
|
AA–
|
1,104,590
|
825
|
|
5.125%, 7/01/37 – AGC Insured
|
7/17 at 100.00
|
AA–
|
882,354
|
2,645
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian
|
8/14 at 100.00
|
AA–
|
2,909,315
|
|
|
Hospital, Series 2004A, 5.250%, 8/15/15 – AGM Insured
|
|
|
|
2,120
|
|
Dormitory Authority of the State of New York, Revenue Bonds, The New York and Presbyterian
|
8/14 at 100.00
|
AA–
|
2,182,604
|
|
|
Hospital Project, Series 2007, 5.000%, 8/15/36 – AGM Insured
|
|
|
|
12,020
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Winthrop South Nassau University
|
7/12 at 100.00
|
Baa1
|
12,031,419
|
|
|
Health System Obligated Group, Series 2001A, 5.250%, 7/01/26 – AMBAC Insured
|
|
|
|
2,025
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Winthrop South Nassau University
|
7/12 at 100.00
|
Baa1
|
2,026,681
|
|
|
Health System Obligated Group, Series 2001B, 5.250%, 7/01/31 – AMBAC Insured
|
|
|
|
|
|
New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds,
|
|
|
|
|
|
Series 2003A:
|
|
|
|
2,800
|
|
5.250%, 2/15/21 – AMBAC Insured
|
2/13 at 100.00
|
Aa3
|
2,868,796
|
3,065
|
|
5.250%, 2/15/22 – AMBAC Insured
|
2/13 at 100.00
|
Aa3
|
3,152,077
|
1,505
|
|
Suffolk County Economic Development Corp / Nassau County Local Economic Assistance & Financing
|
7/21 at 100.00
|
A–
|
1,688,595
|
|
|
Corp., New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group
|
|
|
|
|
|
Project, Series 2011, 5.000%, 7/01/28
|
|
|
|
1,320
|
|
Westchester County Health Care Corporation, New York, Senior Lien Revenue Bonds, Series
|
11/20 at 100.00
|
A3
|
1,525,762
|
|
|
2010-C2, 6.125%, 11/01/37
|
|
|
|
38,745
|
|
Total Health Care
|
|
|
40,984,066
|
|
|
Housing/Multifamily – 2.7% (1.8% of Total Investments)
|
|
|
|
|
|
New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds,
|
|
|
|
|
|
Series 2005A:
|
|
|
|
1,470
|
|
5.000%, 7/01/14 – FGIC Insured
|
No Opt. Call
|
AA–
|
1,593,362
|
1,470
|
|
5.000%, 7/01/16 – FGIC Insured
|
7/15 at 100.00
|
AA–
|
1,631,421
|
5,445
|
|
New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds,
|
7/15 at 100.00
|
AA–
|
5,758,959
|
|
|
Series 2005A, 5.000%, 7/01/25 – NPFG Insured (UB)
|
|
|
|
890
|
|
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
|
7/12 at 105.00
|
N/R
|
938,623
|
|
|
Pass-Through Certificates, Series 1991C, 6.500%, 2/20/19 – AMBAC Insured
|
|
|
|
|
|
New York State Housing Finance Agency, Mortgage Revenue Refunding Bonds, Housing Project,
|
|
|
|
|
|
Series 1996A:
|
|
|
|
40
|
|
6.100%, 11/01/15 – AGM Insured
|
11/12 at 100.00
|
AA–
|
40,184
|
170
|
|
6.125%, 11/01/20 – AGM Insured
|
11/12 at 100.00
|
AA–
|
170,406
|
9,485
|
|
Total Housing/Multifamily
|
|
|
10,132,955
|
|
|
Tax Obligation/General – 11.5% (7.6% of Total Investments)
|
|
|
|
1,500
|
|
Erie County, New York, General Obligation Bonds, Series 2003A, 5.250%, 3/15/16 – NPFG Insured
|
3/13 at 100.00
|
A2
|
1,548,195
|
745
|
|
Erie County, New York, General Obligation Bonds, Series 2004B, 5.250%, 4/01/13 – NPFG Insured
|
No Opt. Call
|
A2
|
768,751
|
2,000
|
|
Erie County, New York, General Obligation Bonds, Series 2005A, 5.000%, 12/01/18 – NPFG Insured
|
12/15 at 100.00
|
A2
|
2,199,440
|
600
|
|
New York City, New York, General Obligation Bonds, Fiscal 2009 Series E, 5.000%, 8/01/28
|
8/19 at 100.00
|
AA
|
677,940
|
3,000
|
|
New York City, New York, General Obligation Bonds, Fiscal 2012 Series F, 5.000%, 8/01/31
|
No Opt. Call
|
AA
|
3,452,160
|
1,000
|
|
New York City, New York, General Obligation Bonds, Fiscal 2012 Series I, 5.000%, 8/01/31
|
No Opt. Call
|
AA
|
1,157,400
|
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 1998H:
|
|
|
|
85
|
|
5.125%, 8/01/25 – NPFG Insured
|
8/12 at 100.00
|
AA
|
85,302
|
70
|
|
5.375%, 8/01/27 – NPFG Insured
|
8/12 at 100.00
|
AA
|
70,272
|
2,900
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 2005J, 5.000%, 3/01/19 –
|
3/15 at 100.00
|
AA
|
3,216,390
|
|
|
FGIC Insured
|
|
|
|
1,385
|
|
New York City, New York, General Obligation Bonds, Series 2011D-I, 5.000%, 10/01/29
|
No Opt. Call
|
AA
|
1,593,456
|
|
|
New York City, New York, General Obligation Bonds, Subseries G-1 Fiscal Series 2012:
|
|
|
|
2,700
|
|
5.000%, 4/01/26
|
No Opt. Call
|
AA
|
3,181,167
|
2,890
|
|
5.000%, 4/01/29
|
No Opt. Call
|
AA
|
3,345,117
|
|
|
New York City, New York, General Obligation Bonds, Series 2004E:
|
|
|
|
3,250
|
|
5.000%, 11/01/19 – AGM Insured (UB)
|
11/14 at 100.00
|
AA
|
3,573,213
|
1,650
|
|
5.000%, 11/01/20 – AGM Insured (UB)
|
11/14 at 100.00
|
AA
|
1,812,476
|
|
|
Rensselaer County, New York, General Obligation Bonds, Series 1991:
|
|
|
|
960
|
|
6.700%, 2/15/16 – AMBAC Insured
|
No Opt. Call
|
AA–
|
1,152,442
|
960
|
|
6.700%, 2/15/17 – AMBAC Insured
|
No Opt. Call
|
AA–
|
1,195,018
|
960
|
|
6.700%, 2/15/18 – AMBAC Insured
|
No Opt. Call
|
AA–
|
1,227,110
|
960
|
|
6.700%, 2/15/19 – AMBAC Insured
|
No Opt. Call
|
AA–
|
1,262,381
|
960
|
|
6.700%, 2/15/20 – AMBAC Insured
|
No Opt. Call
|
AA–
|
1,289,462
|
747
|
|
6.700%, 2/15/21 – AMBAC Insured
|
No Opt. Call
|
AA–
|
1,023,218
|
|
|
Rochester, New York, General Obligation Bonds, Series 1999:
|
|
|
|
735
|
|
5.250%, 10/01/20 – NPFG Insured
|
No Opt. Call
|
Aa3
|
910,694
|
735
|
|
5.250%, 10/01/21 – NPFG Insured
|
No Opt. Call
|
Aa3
|
916,545
|
730
|
|
5.250%, 10/01/22 – NPFG Insured
|
No Opt. Call
|
Aa3
|
916,449
|
730
|
|
5.250%, 10/01/23 – NPFG Insured
|
No Opt. Call
|
Aa3
|
910,580
|
730
|
|
5.250%, 10/01/24 – NPFG Insured
|
No Opt. Call
|
Aa3
|
916,756
|
730
|
|
5.250%, 10/01/25 – NPFG Insured
|
No Opt. Call
|
Aa3
|
921,326
|
725
|
|
5.250%, 10/01/26 – NPFG Insured
|
No Opt. Call
|
Aa3
|
919,046
|
2,190
|
|
Yonkers, New York, General Obligation Bonds, Series 2005B, 5.000%, 8/01/19 – NPFG Insured
|
8/15 at 100.00
|
BBB+
|
2,350,856
|
36,627
|
|
Total Tax Obligation/General
|
|
|
42,593,162
|
|
|
Tax Obligation/Limited – 54.6% (36.1% of Total Investments)
|
|
|
|
7,145
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Special Act School
|
1/13 at 100.00
|
BBB
|
7,171,079
|
|
|
District Program, Series 1999, 5.750%, 7/01/19 – NPFG Insured
|
|
|
|
3,610
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Department of Health, Series
|
7/14 at 100.00
|
AA–
|
3,874,685
|
|
|
2004-2, 5.000%, 7/01/20 – FGIC Insured
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Mental Health Services Facilities
|
|
|
|
|
|
Improvements, Series 2005D-1:
|
|
|
|
670
|
|
5.000%, 2/15/15 – FGIC Insured
|
No Opt. Call
|
AA–
|
742,729
|
1,715
|
|
5.000%, 8/15/23 – FGIC Insured
|
2/15 at 100.00
|
AA–
|
1,885,865
|
7,925
|
|
Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing
|
10/12 at 100.00
|
A+
|
8,015,424
|
|
|
Program, Series 2002D, 5.250%, 10/01/23 – NPFG Insured
|
|
|
|
1,090
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
|
3/15 at 100.00
|
AAA
|
1,208,701
|
|
|
2005F, 5.000%, 3/15/21 – AGM Insured
|
|
|
|
2,390
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
5/18 at 100.00
|
AA–
|
2,772,137
|
|
|
City School District Project, Series 2008A, 5.750%, 5/01/28 – AGM Insured (UB)
|
|
|
|
3,300
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
5/19 at 100.00
|
AA–
|
3,620,694
|
|
|
City School District Project, Series 2009A, 5.000%, 5/01/31
|
|
|
|
1,700
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
5/14 at 100.00
|
AA–
|
1,868,606
|
|
|
City School District, Series 2004, 5.750%, 5/01/26 – AGM Insured (UB)
|
|
|
|
7,545
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
5/17 at 100.00
|
AA–
|
8,769,704
|
|
|
City School District, Series 2007A, 5.750%, 5/01/28 – AGM Insured (UB)
|
|
|
|
5,400
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series
|
2/21 at 100.00
|
A
|
6,213,186
|
|
|
2011A, 5.750%, 2/15/47
|
|
|
|
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A:
|
|
|
|
14,405
|
|
5.000%, 2/15/47 – FGIC Insured
|
2/17 at 100.00
|
A
|
15,059,995
|
2,100
|
|
5.000%, 2/15/47 – AGM Insured
|
2/17 at 100.00
|
AA–
|
2,205,483
|
7,500
|
|
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2002A,
|
11/12 at 100.00
|
AA
|
7,610,775
|
|
|
5.250%, 11/15/25 – AGM Insured
|
|
|
|
2,000
|
|
Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,
|
No Opt. Call
|
AA–
|
2,475,400
|
|
|
Series 2002A, 5.750%, 7/01/18 – AGM Insured (UB)
|
|
|
|
|
|
Nassau County Interim Finance Authority, New York, Sales Tax Secured Revenue Bonds,
|
|
|
|
|
|
Series 2003A:
|
|
|
|
4,000
|
|
5.000%, 11/15/18 – AMBAC Insured
|
11/13 at 100.00
|
AAA
|
4,244,240
|
1,560
|
|
4.750%, 11/15/21 – AMBAC Insured
|
11/13 at 100.00
|
AAA
|
1,646,362
|
1,560
|
|
4.750%, 11/15/22 – AMBAC Insured
|
11/13 at 100.00
|
AAA
|
1,645,254
|
|
|
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local
|
|
|
|
|
|
Government Assistance Corporation, Series 2004A:
|
|
|
|
3,640
|
|
5.000%, 10/15/25 – NPFG Insured (UB)
|
10/14 at 100.00
|
AAA
|
3,955,952
|
1,960
|
|
5.000%, 10/15/26 – NPFG Insured (UB)
|
10/14 at 100.00
|
AAA
|
2,127,325
|
5,420
|
|
5.000%, 10/15/29 – AMBAC Insured (UB)
|
10/14 at 100.00
|
AAA
|
5,922,922
|
1,205
|
|
5.000%, 10/15/32 – AMBAC Insured
|
10/14 at 100.00
|
AAA
|
1,313,932
|
1,500
|
|
5.000%, 10/15/32 – AMBAC Insured (UB)
|
10/14 at 100.00
|
AAA
|
1,635,600
|
5,600
|
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal
|
1/17 at 100.00
|
AA–
|
6,115,984
|
|
|
Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured
|
|
|
|
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 2012
|
|
|
|
|
|
Series E-1:
|
|
|
|
2,370
|
|
5.000%, 2/01/35
|
No Opt. Call
|
AAA
|
2,697,771
|
2,890
|
|
5.000%, 2/01/37
|
No Opt. Call
|
AAA
|
3,256,770
|
3,000
|
|
5.000%, 2/01/42
|
2/22 at 100.00
|
AAA
|
3,352,140
|
17,200
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 2012
|
5/22 at 100.00
|
AAA
|
19,308,200
|
|
|
Series F-1, 5.000%, 5/01/39
|
|
|
|
60
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
2/13 at 100.00
|
AAA
|
61,640
|
|
|
Series 2003E, 5.250%, 2/01/22 – NPFG Insured
|
|
|
|
3,800
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
5/17 at 100.00
|
AAA
|
4,327,896
|
|
|
Series 2007B, 5.000%, 11/01/30
|
|
|
|
4,000
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds,
|
11/20 at 100.00
|
AAA
|
4,711,760
|
|
|
Subordinate Lien Series 2011C, 5.500%, 11/01/35
|
|
|
|
1,660
|
|
New York City, New York, Educational Construction Fund, Revenue Bonds, Series 2011A, 5.750%,
|
4/21 at 100.00
|
AA+
|
1,963,514
|
|
|
4/01/33 – AGM Insured
|
|
|
|
|
|
New York Convention Center Development Corporation, New York, Hotel Fee Revenue Bonds,
|
|
|
|
|
|
Tender Option Bonds Trust 3095:
|
|
|
|
835
|
|
13.093%, 11/15/30 – AMBAC Insured (IF)
|
11/15 at 100.00
|
AA+
|
993,617
|
3,955
|
|
13.079%, 11/15/44 – AMBAC Insured (IF)
|
11/15 at 100.00
|
AA+
|
4,530,255
|
|
|
New York State Municipal Bond Bank Agency, Buffalo, Special Program Revenue Bonds,
|
|
|
|
|
|
Series 2001A:
|
|
|
|
875
|
|
5.125%, 5/15/19 – AMBAC Insured
|
11/12 at 100.00
|
A1
|
877,546
|
920
|
|
5.125%, 5/15/20 – AMBAC Insured
|
11/12 at 100.00
|
A1
|
922,548
|
965
|
|
5.250%, 5/15/21 – AMBAC Insured
|
11/12 at 100.00
|
A1
|
968,513
|
1,015
|
|
5.250%, 5/15/22 – AMBAC Insured
|
11/12 at 100.00
|
A1
|
1,018,451
|
1,000
|
|
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second General, Series
|
4/14 at 100.00
|
AA
|
1,074,700
|
|
|
2004A, 5.000%, 4/01/22 – NPFG Insured
|
|
|
|
|
|
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second General,
|
|
|
|
|
|
Series 2005B:
|
|
|
|
8,455
|
|
5.500%, 4/01/20 – AMBAC Insured
|
No Opt. Call
|
AA
|
10,715,360
|
1,500
|
|
5.000%, 4/01/21 – AMBAC Insured
|
10/15 at 100.00
|
AA
|
1,694,535
|
1,000
|
|
New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2004A,
|
9/14 at 100.00
|
AAA
|
1,084,830
|
|
|
5.000%, 3/15/24 – AMBAC Insured
|
|
|
|
1,600
|
|
New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2010A,
|
9/20 at 100.00
|
AAA
|
1,872,544
|
|
|
5.000%, 3/15/29
|
|
|
|
|
|
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
|
|
|
|
|
|
State Contingency Contract-Backed Bonds, Series 2003A-1:
|
|
|
|
11,100
|
|
5.250%, 6/01/20 – AMBAC Insured
|
6/13 at 100.00
|
AA–
|
11,589,954
|
1,000
|
|
5.250%, 6/01/21 – AMBAC Insured
|
6/13 at 100.00
|
AA–
|
1,044,140
|
4,565
|
|
5.250%, 6/01/22 – AMBAC Insured
|
6/13 at 100.00
|
AA–
|
4,766,499
|
4,000
|
|
Puerto Rico Highway and Transportation Authority, Highway Revenue Refunding Bonds, Series
|
No Opt. Call
|
AA–
|
4,601,760
|
|
|
2002E, 5.500%, 7/01/18 – AGM Insured
|
|
|
|
2,500
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
2/20 at 100.00
|
AA–
|
2,631,225
|
|
|
2010A, 5.000%, 8/01/40 – AGM Insured
|
|
|
|
1,175
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/20 at 100.00
|
AA–
|
1,255,911
|
|
|
2010C, 5.125%, 8/01/42 – AGM Insured
|
|
|
|
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A:
|
|
|
|
53,475
|
|
0.000%, 8/01/46 – NPFG Insured
|
No Opt. Call
|
AA–
|
7,537,836
|
16,120
|
|
0.000%, 8/01/47 – AMBAC Insured
|
No Opt. Call
|
AA–
|
2,127,840
|
245,975
|
|
Total Tax Obligation/Limited
|
|
|
203,089,789
|
|
|
Transportation – 12.2% (8.0% of Total Investments)
|
|
|
|
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2005A:
|
|
|
|
1,900
|
|
4.750%, 11/15/27 – NPFG Insured
|
11/15 at 100.00
|
AA–
|
2,097,391
|
4,000
|
|
4.750%, 11/15/30 – AMBAC Insured
|
11/15 at 100.00
|
A
|
4,158,480
|
1,000
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2011A,
|
11/21 at 100.00
|
A
|
1,095,120
|
|
|
5.000%, 11/15/41
|
|
|
|
5,195
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2012C,
|
11/22 at 100.00
|
A
|
5,722,968
|
|
|
5.000%, 11/15/41
|
|
|
|
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,
|
|
|
|
|
|
Series 2002A:
|
|
|
|
6,000
|
|
5.500%, 11/15/18 – AMBAC Insured
|
11/12 at 100.00
|
A
|
6,112,560
|
2,000
|
|
5.125%, 11/15/22 – FGIC Insured
|
11/12 at 100.00
|
A
|
2,029,680
|
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,
|
|
|
|
|
|
Series 2002E:
|
|
|
|
1,335
|
|
5.500%, 11/15/21 – NPFG Insured
|
11/12 at 100.00
|
A
|
1,356,293
|
4,575
|
|
5.000%, 11/15/25 – NPFG Insured
|
11/12 at 100.00
|
A
|
4,641,978
|
2,280
|
|
New York Liberty Development Corporation, Liberty Revenue Bonds, 4 World Trade Center Project,
|
11/21 at 100.00
|
A+
|
2,463,221
|
|
|
Series 2011, 5.000%, 11/15/44
|
|
|
|
955
|
|
New York State Thruway Authority, General Revenue Bonds, Refunding Series 2007H, 5.000%,
|
1/18 at 100.00
|
A+
|
1,083,132
|
|
|
1/01/25 – FGIC Insured
|
|
|
|
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005F:
|
|
|
|
2,625
|
|
5.000%, 1/01/20 – AMBAC Insured
|
1/15 at 100.00
|
A+
|
2,882,460
|
425
|
|
5.000%, 1/01/30 – AMBAC Insured
|
1/15 at 100.00
|
A+
|
460,186
|
1,650
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 – AGM
|
7/15 at 100.00
|
AA–
|
1,819,604
|
|
|
Insured (UB)
|
|
|
|
1,675
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth
|
6/15 at 101.00
|
Aa2
|
1,784,595
|
|
|
Series 2005, 5.000%, 12/01/31 – SYNCORA GTY Insured
|
|
|
|
1,170
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty
|
8/17 at 100.00
|
Aa2
|
1,603,508
|
|
|
Eighth Series 2008, Trust 2920, 17.352%, 8/15/32 – AGM Insured (IF)
|
|
|
|
|
|
Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue
|
|
|
|
|
|
Refunding Bonds, Series 2002E:
|
|
|
|
1,570
|
|
5.500%, 11/15/20 – NPFG Insured
|
No Opt. Call
|
A+
|
1,975,876
|
3,800
|
|
5.250%, 11/15/22 – NPFG Insured
|
11/12 at 100.00
|
A+
|
3,865,512
|
42,155
|
|
Total Transportation
|
|
|
45,152,564
|
|
|
U.S. Guaranteed – 9.8% (6.5% of Total Investments) (4)
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan-Kettering Cancer
|
|
|
|
|
|
Center, Series 2003-1:
|
|
|
|
2,500
|
|
5.000%, 7/01/21 (Pre-refunded 7/01/13) – NPFG Insured
|
7/13 at 100.00
|
Aa2 (4)
|
2,619,825
|
3,210
|
|
5.000%, 7/01/22 (Pre-refunded 7/01/13) – NPFG Insured
|
7/13 at 100.00
|
Aa2 (4)
|
3,364,883
|
505
|
|
Dormitory Authority of the State of New York, Suffolk County, Lease Revenue Bonds, Judicial
|
10/12 at 102.34
|
Baa1 (4)
|
554,101
|
|
|
Facilities, Series 1991A, 9.500%, 4/15/14 – FGIC Insured (ETM)
|
|
|
|
11,000
|
|
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 1998A,
|
10/15 at 100.00
|
AA+ (4)
|
12,517,230
|
|
|
4.750%, 4/01/28 (Pre-refunded 10/01/15) – FGIC Insured
|
|
|
|
|
|
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 1999A:
|
|
|
|
4,000
|
|
5.000%, 4/01/17 (Pre-refunded 10/01/14) – AGM Insured
|
10/14 at 100.00
|
AA+ (4)
|
4,418,920
|
3,250
|
|
5.000%, 4/01/29 (Pre-refunded 10/01/14) – AGM Insured
|
10/14 at 100.00
|
AA+ (4)
|
3,590,373
|
3,100
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
2/13 at 100.00
|
Aaa
|
3,192,752
|
|
|
Series 2003E, 5.250%, 2/01/22 (Pre-refunded 2/01/13) – NPFG Insured
|
|
|
|
2,000
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
2/14 at 100.00
|
AAA
|
2,148,940
|
|
|
Series 2004C, 5.000%, 2/01/19 (Pre-refunded 2/01/14) – SYNCORA GTY Insured
|
|
|
|
3,500
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Refunding Bonds,
|
2/13 at 100.00
|
Aaa
|
3,599,575
|
|
|
Fiscal Series 2003D, 5.000%, 2/01/22 (Pre-refunded 2/01/13) – NPFG Insured
|
|
|
|
500
|
|
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, Series
|
3/15 at 100.00
|
AAA
|
542,510
|
|
|
2005B, 5.000%, 3/15/30 (Pre-refunded 3/15/15) – AGM Insured
|
|
|
|
33,565
|
|
Total U.S. Guaranteed
|
|
|
36,549,109
|
|
|
Utilities – 11.8% (7.8% of Total Investments)
|
|
|
|
900
|
|
Guam Power Authority, Revenue Bonds, Series 2010A, 5.000%, 10/01/37 – AGM Insured
|
10/20 at 100.00
|
AA–
|
966,951
|
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2000A:
|
|
|
|
4,000
|
|
0.000%, 6/01/24 – AGM Insured
|
No Opt. Call
|
AA–
|
2,857,240
|
4,000
|
|
0.000%, 6/01/25 – AGM Insured
|
No Opt. Call
|
AA–
|
2,733,840
|
15,000
|
|
0.000%, 6/01/26 – AGM Insured
|
No Opt. Call
|
AA–
|
9,781,200
|
3,000
|
|
0.000%, 6/01/27 – AGM Insured
|
No Opt. Call
|
AA–
|
1,861,170
|
4,500
|
|
0.000%, 6/01/28 – AGM Insured
|
No Opt. Call
|
AA–
|
2,657,655
|
3,000
|
|
0.000%, 6/01/29 – AGM Insured
|
No Opt. Call
|
AA–
|
1,674,660
|
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:
|
|
|
|
6,010
|
|
5.000%, 12/01/23 – FGIC Insured
|
6/16 at 100.00
|
A
|
6,727,594
|
7,735
|
|
5.000%, 12/01/25 – FGIC Insured
|
6/16 at 100.00
|
A
|
8,607,895
|
4,000
|
|
5.000%, 12/01/26 – AGC Insured
|
6/16 at 100.00
|
AA+
|
4,443,760
|
750
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006B,
|
6/16 at 100.00
|
A
|
787,650
|
|
|
5.000%, 12/01/35 – CIFG Insured
|
|
|
|
650
|
|
Power Authority of the State of New York, General Revenue Bonds, Series 2006A, 5.000%,
|
11/15 at 100.00
|
Aa2
|
740,558
|
|
|
11/15/19 – FGIC Insured
|
|
|
|
53,545
|
|
Total Utilities
|
|
|
43,840,173
|
|
|
Water and Sewer – 9.7% (6.4% of Total Investments)
|
|
|
|
5,000
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
|
6/19 at 100.00
|
AA+
|
5,761,250
|
|
|
Bonds, Second Generation Resolution, Fiscal 2010 Series 2009BB, 5.000%, 6/15/27
|
|
|
|
2,000
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
|
6/17 at 100.00
|
AA+
|
2,218,700
|
|
|
Bonds, Second Generation Resolution, Series 2007AA, 5.000%, 6/15/37
|
|
|
|
3,455
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
|
6/16 at 100.00
|
AAA
|
3,851,150
|
|
|
Bonds, Series 2006B, 5.000%, 6/15/36 – NPFG Insured (UB)
|
|
|
|
3,000
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue
|
6/14 at 100.00
|
AAA
|
3,205,890
|
|
|
Bonds, Fiscal Series 2004C, 5.000%, 6/15/35 – AMBAC Insured
|
|
|
|
5,920
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue
|
6/15 at 100.00
|
AAA
|
6,595,413
|
|
|
Bonds, Fiscal Series 2005C, 5.000%, 6/15/27 – NPFG Insured (UB)
|
|
|
|
5,000
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue
|
6/13 at 100.00
|
AAA
|
5,189,700
|
|
|
Refunding Bonds, Fiscal Series 2003E, 5.000%, 6/15/34
|
|
|
|
7,100
|
|
Suffolk County Water Authority, New York, Waterworks Revenue Bonds, Series 2005C, 5.000%,
|
6/15 at 100.00
|
AAA
|
7,530,047
|
|
|
6/01/28 – NPFG Insured
|
|
|
|
2,230
|
|
Upper Mohawk Valley Regional Water Finance Authority, New York, Water System Revenue Bonds,
|
No Opt. Call
|
A1
|
1,566,263
|
|
|
Series 2000, 0.000%, 4/01/23 – AMBAC Insured
|
|
|
|
33,705
|
|
Total Water and Sewer
|
|
|
35,918,413
|
$ 593,837
|
|
Total Investments (cost $521,569,692) – 151.3%
|
|
|
562,401,562
|
|
|
Floating Rate Obligations – (9.0)%
|
|
|
(33,510,000)
|
|
|
Variable Rate Demand Preferred Shares, at Liquidation Value – (44.3)% (5)
|
|
|
(164,800,000)
|
|
|
Other Assets Less Liabilities – 2.0%
|
|
|
7,581,751
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 371,673,313
|