|
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|
|
|
|
|
|
Portfolio of Investments (Unaudited)
|
|
|
|
|
|
Nuveen New York Premium Income Municipal Fund, Inc. (NNF)
|
|
|
|
|
|
June 30, 2012
|
|
|
|
Principal
|
|
|
Optional Call
|
|
|
Amount (000)
|
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Consumer Staples – 2.0% (1.3% of Total Investments)
|
|
|
|
$ 3,700
|
|
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006, 5.125%, 6/01/42
|
6/16 at 100.00
|
BB
|
$ 2,667,663
|
|
|
Education and Civic Organizations – 19.8% (13.3% of Total Investments)
|
|
|
|
|
|
Dormitory Authority of the State of New York, General Revenue Bonds, New York University,
|
|
|
|
|
|
Series 2001-1:
|
|
|
|
1,500
|
|
5.500%, 7/01/24 – AMBAC Insured
|
No Opt. Call
|
AA–
|
1,949,730
|
500
|
|
5.500%, 7/01/40 – AMBAC Insured
|
No Opt. Call
|
AA–
|
655,805
|
435
|
|
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute of
|
No Opt. Call
|
BBB
|
489,092
|
|
|
Technology, Series 2007, 5.250%, 7/01/34 – FGIC Insured
|
|
|
|
50
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Yeshiva University,
|
1/13 at 100.00
|
A2
|
50,117
|
|
|
Series 2001, 5.000%, 7/01/20 – AMBAC Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
No Opt. Call
|
Aa2
|
1,047,740
|
|
|
Facilities, Series 2003B, 5.250%, 7/01/32 (Mandatory put 7/01/13) – SYNCORA GTY Insured
|
|
|
|
635
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
7/15 at 100.00
|
Aa2
|
693,020
|
|
|
Facilities, Series 2004A, 5.000%, 7/01/29 – NPFG Insured
|
|
|
|
970
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
7/16 at 100.00
|
Aa2
|
1,034,961
|
|
|
Facilities, Series 2006A, 5.000%, 7/01/31 – NPFG Insured
|
|
|
|
1,500
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
No Opt. Call
|
Aa2
|
1,662,120
|
|
|
Facilities, Series 2011A, 5.000%, 7/01/41
|
|
|
|
255
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Barnard College, Series 2007A,
|
7/17 at 100.00
|
BBB
|
266,286
|
|
|
5.000%, 7/01/37 – FGIC Insured
|
|
|
|
600
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Convent of the Sacred Heart,
|
5/21 at 100.00
|
AA–
|
703,584
|
|
|
Series 2011, 5.750%, 11/01/40 – AGM Insured
|
|
|
|
345
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series 2007,
|
7/17 at 100.00
|
AA–
|
377,437
|
|
|
5.000%, 7/01/32 – AMBAC Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
|
7/19 at 100.00
|
AA–
|
1,169,000
|
|
|
2009A, 5.250%, 7/01/34
|
|
|
|
3,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York University, Series
|
7/19 at 100.00
|
AA–
|
3,327,570
|
|
|
2009B, 5.000%, 7/01/39
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Rochester Institute of Technology,
|
|
|
|
|
|
Series 2006A:
|
|
|
|
250
|
|
5.250%, 7/01/20 – AMBAC Insured
|
No Opt. Call
|
A1
|
305,895
|
200
|
|
5.250%, 7/01/21 – AMBAC Insured
|
No Opt. Call
|
A1
|
246,190
|
1,935
|
|
Dormitory Authority of the State of New York, State and Local Appropriation Lease Bonds,
|
7/15 at 100.00
|
AA–
|
2,139,626
|
|
|
Upstate Community Colleges, Series 2005A, 5.000%, 7/01/19 – FGIC Insured
|
|
|
|
535
|
|
Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Colgate
|
No Opt. Call
|
AA+
|
603,539
|
|
|
University, Tender Option Bond Trust 3127, 13.095%, 1/01/14 – AMBAC Insured (IF)
|
|
|
|
|
|
New York City Industrial Development Agency, New York, Payment in Lieu of Taxes Revenue Bonds,
|
|
|
|
|
|
Queens Baseball Stadium Project, Series 2009:
|
|
|
|
400
|
|
6.125%, 1/01/29 – AGC Insured
|
1/19 at 100.00
|
AA–
|
448,144
|
200
|
|
6.375%, 1/01/39 – AGC Insured
|
1/19 at 100.00
|
AA–
|
226,056
|
1,110
|
|
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball
|
1/17 at 100.00
|
BB+
|
1,094,016
|
|
|
Stadium Project, Series 2006, 5.000%, 1/01/46 – AMBAC Insured
|
|
|
|
1,445
|
|
New York City Industrial Development Agency, New York, Revenue Bonds, Yankee Stadium Project
|
3/19 at 100.00
|
AA–
|
1,717,498
|
|
|
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:
|
|
|
|
415
|
|
5.000%, 3/01/31 – FGIC Insured
|
9/16 at 100.00
|
BBB
|
430,538
|
2,360
|
|
5.000%, 3/01/36 – NPFG Insured
|
9/16 at 100.00
|
BBB
|
2,427,331
|
2,025
|
|
4.500%, 3/01/39 – FGIC Insured
|
9/16 at 100.00
|
BBB
|
2,010,886
|
600
|
|
Niagara Area Development Corporation, New York, Niagara University Project, Series 2012A,
|
5/22 at 100.00
|
BBB+
|
640,572
|
|
|
5.000%, 5/01/35
|
|
|
|
350
|
|
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute,
|
9/20 at 100.00
|
A–
|
380,632
|
|
|
Series 2010A, 5.125%, 9/01/40
|
|
|
|
23,615
|
|
Total Education and Civic Organizations
|
|
|
26,097,385
|
|
|
Health Care – 12.1% (8.1% of Total Investments)
|
|
|
|
280
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,
|
8/19 at 100.00
|
AA+
|
343,538
|
|
|
Hospital for Special Surgery, Series 2009, 6.250%, 8/15/34
|
|
|
|
1,400
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds, St.
|
8/12 at 100.00
|
N/R
|
1,404,480
|
|
|
Barnabas Hospital, Series 2002A, 5.125%, 2/01/22 – AMBAC Insured
|
|
|
|
805
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Hudson
|
8/17 at 100.00
|
AA–
|
876,371
|
|
|
Valley Hospital Center, Series 2007, 5.000%, 8/15/27 – AGM Insured
|
|
|
|
1,405
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore
|
2/15 at 100.00
|
BBB
|
1,526,814
|
|
|
Hospital, Series 2004, 5.000%, 8/01/29 – FGIC Insured
|
|
|
|
620
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Health Quest System Inc., Series
|
7/17 at 100.00
|
AA–
|
663,102
|
|
|
2007B, 5.125%, 7/01/37 – AGC Insured
|
|
|
|
1,795
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian
|
8/14 at 100.00
|
AA–
|
1,974,374
|
|
|
Hospital, Series 2004A, 5.250%, 8/15/15 – AGM Insured
|
|
|
|
740
|
|
Dormitory Authority of the State of New York, Revenue Bonds, The New York and Presbyterian
|
8/14 at 100.00
|
AA–
|
761,852
|
|
|
Hospital Project, Series 2007, 5.000%, 8/15/36 – AGM Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Vassar Brothers Hospital, Series
|
1/13 at 100.00
|
AA–
|
1,012,840
|
|
|
1997, 5.250%, 7/01/17 – AGM Insured
|
|
|
|
3,450
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Winthrop South Nassau University
|
7/12 at 100.00
|
Baa1
|
3,452,864
|
|
|
Health System Obligated Group, Series 2001A, 5.250%, 7/01/31 – AMBAC Insured
|
|
|
|
|
|
New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds,
|
|
|
|
|
|
Series 2003A:
|
|
|
|
1,625
|
|
5.250%, 2/15/21 – AMBAC Insured
|
2/13 at 100.00
|
Aa3
|
1,664,926
|
1,000
|
|
5.250%, 2/15/22 – AMBAC Insured
|
2/13 at 100.00
|
Aa3
|
1,028,410
|
705
|
|
Suffolk County Economic Development Corp / Nassau County Local Economic Assistance & Financing
|
7/21 at 100.00
|
A–
|
791,003
|
|
|
Corp., New York, Revenue Bonds, Catholic Health Services of Long Island Obligated Group
|
|
|
|
|
|
Project, Series 2011, 5.000%, 7/01/28
|
|
|
|
425
|
|
Westchester County Health Care Corporation, New York, Senior Lien Revenue Bonds, Series
|
11/20 at 100.00
|
A3
|
491,249
|
|
|
2010-C2, 6.125%, 11/01/37
|
|
|
|
15,250
|
|
Total Health Care
|
|
|
15,991,823
|
|
|
Housing/Multifamily – 2.8% (1.9% of Total Investments)
|
|
|
|
|
|
New York City Housing Development Corporation, New York, Capital Fund Program Revenue Bonds,
|
|
|
|
|
|
Series 2005A:
|
|
|
|
400
|
|
5.000%, 7/01/14 – FGIC Insured
|
No Opt. Call
|
AA–
|
433,568
|
400
|
|
5.000%, 7/01/16 – FGIC Insured
|
7/15 at 100.00
|
AA–
|
443,924
|
2,165
|
|
5.000%, 7/01/25 – NPFG Insured (UB)
|
7/15 at 100.00
|
AA–
|
2,289,834
|
365
|
|
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
|
5/20 at 100.00
|
AA
|
392,130
|
|
|
Series 2010-D1A, 5.000%, 11/01/42
|
|
|
|
95
|
|
New York State Housing Finance Agency, Mortgage Revenue Refunding Bonds, Housing Project,
|
11/12 at 100.00
|
AA–
|
95,227
|
|
|
Series 1996A, 6.125%, 11/01/20 – AGM Insured
|
|
|
|
3,425
|
|
Total Housing/Multifamily
|
|
|
3,654,683
|
|
|
Long-Term Care – 0.6% (0.4% of Total Investments)
|
|
|
|
850
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, NYSARC Inc., Series
|
1/13 at 101.00
|
AA–
|
861,195
|
|
|
2001A, 5.000%, 7/01/26 – AGM Insured
|
|
|
|
|
|
Tax Obligation/General – 5.4% (3.6% of Total Investments)
|
|
|
|
500
|
|
Erie County, New York, General Obligation Bonds, Series 2003A, 5.250%, 3/15/16 – NPFG Insured
|
3/13 at 100.00
|
A2
|
516,065
|
315
|
|
Erie County, New York, General Obligation Bonds, Series 2004B, 5.250%, 4/01/13 – NPFG Insured
|
No Opt. Call
|
A2
|
325,042
|
210
|
|
Nassau County, New York, General Obligation Improvement Bonds, Series 1993H, 5.500%, 6/15/16 –
|
No Opt. Call
|
A+
|
244,297
|
|
|
NPFG Insured
|
|
|
|
1,000
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 2005J, 5.000%, 3/01/19 –
|
3/15 at 100.00
|
AA
|
1,109,100
|
|
|
FGIC Insured
|
|
|
|
|
|
New York City, New York, General Obligation Bonds, Series 2004E:
|
|
|
|
1,000
|
|
5.000%, 11/01/19 – AGM Insured (UB)
|
11/14 at 100.00
|
AA
|
1,099,450
|
1,100
|
|
5.000%, 11/01/20 – AGM Insured (UB)
|
11/14 at 100.00
|
AA
|
1,208,317
|
915
|
|
Niagara Falls, New York, General Obligation Bonds, Series 1994, 7.500%, 3/01/13 – NPFG Insured
|
No Opt. Call
|
A2
|
953,274
|
1,525
|
|
Yonkers, New York, General Obligation Bonds, Series 2005A, 5.000%, 8/01/16 – NPFG Insured
|
8/15 at 100.00
|
BBB+
|
1,665,712
|
6,565
|
|
Total Tax Obligation/General
|
|
|
7,121,257
|
|
|
Tax Obligation/Limited – 63.2% (42.5% of Total Investments)
|
|
|
|
690
|
|
Dormitory Authority of the State of New York, Department of Health Revenue Bonds, Series
|
7/15 at 100.00
|
AA–
|
771,924
|
|
|
2005A, 5.250%, 7/01/24 – CIFG Insured
|
|
|
|
50
|
|
Dormitory Authority of the State of New York, Improvement Revenue Bonds, Mental Health
|
8/12 at 100.00
|
AA–
|
50,163
|
|
|
Services Facilities, Series 2000D, 5.250%, 8/15/30 – AGM Insured
|
|
|
|
500
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, Wayne-Finger Lakes Board of
|
8/14 at 100.00
|
AA–
|
541,645
|
|
|
Cooperative Education Services, Series 2004, 5.000%, 8/15/23 – AGM Insured
|
|
|
|
1,210
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Department of Health, Series
|
7/14 at 100.00
|
AA–
|
1,298,717
|
|
|
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:
|
|
|
|
225
|
|
5.000%, 2/15/15 – FGIC Insured
|
No Opt. Call
|
AA–
|
249,424
|
600
|
|
5.000%, 8/15/23 – FGIC Insured
|
2/15 at 100.00
|
AA–
|
659,778
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing
|
|
|
|
|
|
Program, Series 2002D:
|
|
|
|
4,300
|
|
5.250%, 10/01/23 – NPFG Insured
|
10/12 at 100.00
|
A+
|
4,349,063
|
875
|
|
5.000%, 10/01/30 – NPFG Insured
|
10/12 at 100.00
|
A+
|
884,214
|
1,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, State University Educational
|
No Opt. Call
|
Aa3
|
1,196,210
|
|
|
Facilities, Series 1993A, 5.500%, 5/15/19 – AMBAC Insured
|
|
|
|
2,200
|
|
Dormitory Authority of the State of New York, Second General Resolution Consolidated Revenue
|
No Opt. Call
|
AA–
|
2,588,366
|
|
|
Bonds, City University System, Series 1993A, 5.750%, 7/01/18 – AGM Insured
|
|
|
|
375
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
|
3/15 at 100.00
|
AAA
|
415,838
|
|
|
2005F, 5.000%, 3/15/21 – AGM Insured
|
|
|
|
830
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
5/18 at 100.00
|
AA–
|
966,601
|
|
|
City School District Project, Series 2008A, 5.750%, 5/01/27 – AGM Insured (UB)
|
|
|
|
1,000
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
5/19 at 100.00
|
AA–
|
1,097,180
|
|
|
City School District Project, Series 2009A, 5.000%, 5/01/31
|
|
|
|
2,615
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
5/17 at 100.00
|
AA–
|
3,039,467
|
|
|
City School District, Series 2007A, 5.750%, 5/01/28 – AGM Insured (UB)
|
|
|
|
1,000
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series
|
2/21 at 100.00
|
A
|
1,150,590
|
|
|
2011A, 5.750%, 2/15/47
|
|
|
|
5,000
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 5.000%,
|
2/17 at 100.00
|
A
|
5,227,350
|
|
|
2/15/47 – FGIC Insured
|
|
|
|
2,500
|
|
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 2002A,
|
11/12 at 100.00
|
AA
|
2,536,925
|
|
|
5.250%, 11/15/25 – AGM Insured
|
|
|
|
1,500
|
|
Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,
|
No Opt. Call
|
AA–
|
1,856,550
|
|
|
Series 2002A, 5.750%, 7/01/18 – AGM Insured (UB)
|
|
|
|
|
|
Nassau County Interim Finance Authority, New York, Sales Tax Secured Revenue Bonds,
|
|
|
|
|
|
Series 2003A:
|
|
|
|
1,000
|
|
5.000%, 11/15/18 – AMBAC Insured
|
11/13 at 100.00
|
AAA
|
1,061,060
|
580
|
|
4.750%, 11/15/21 – AMBAC Insured
|
11/13 at 100.00
|
AAA
|
612,109
|
580
|
|
4.750%, 11/15/22 – AMBAC Insured
|
11/13 at 100.00
|
AAA
|
611,697
|
|
|
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local
|
|
|
|
|
|
Government Assistance Corporation, Series 2004A:
|
|
|
|
920
|
|
5.000%, 10/15/25 – NPFG Insured (UB)
|
10/14 at 100.00
|
AAA
|
999,856
|
680
|
|
5.000%, 10/15/26 – NPFG Insured (UB)
|
10/14 at 100.00
|
AAA
|
738,052
|
4,590
|
|
5.000%, 10/15/29 – AMBAC Insured (UB)
|
10/14 at 100.00
|
AAA
|
5,015,906
|
2,000
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 2012
|
2/22 at 100.00
|
AAA
|
2,234,760
|
|
|
Series E-1, 5.000%, 2/01/42
|
|
|
|
4,400
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal 2012
|
5/22 at 100.00
|
AAA
|
4,939,308
|
|
|
Series F-1, 5.000%, 5/01/39
|
|
|
|
20
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
2/13 at 100.00
|
AAA
|
20,547
|
|
|
Series 2003E, 5.250%, 2/01/22 – NPFG Insured
|
|
|
|
2,000
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds,
|
11/20 at 100.00
|
AAA
|
2,355,880
|
|
|
Subordinate Lien Series 2011C, 5.500%, 11/01/35
|
|
|
|
|
|
New York City, New York, Educational Construction Fund, Revenue Bonds, Series 2011A:
|
|
|
|
5,340
|
|
5.750%, 4/01/33 – AGM Insured
|
4/21 at 100.00
|
AA+
|
6,316,366
|
2,000
|
|
5.750%, 4/01/41
|
4/21 at 100.00
|
AA–
|
2,335,900
|
|
|
New York Convention Center Development Corporation, Hotel Fee Revenue Bonds, Tender Option
|
|
|
|
|
|
Bonds Trust 3095:
|
|
|
|
345
|
|
13.093%, 11/15/30 – AMBAC Insured (IF)
|
11/15 at 100.00
|
AA+
|
410,536
|
1,365
|
|
13.079%, 11/15/44 – AMBAC Insured (IF)
|
11/15 at 100.00
|
AA+
|
1,563,539
|
1,500
|
|
New York State Local Government Assistance Corporation, Revenue Bonds, Series 1993E, 5.250%,
|
No Opt. Call
|
AAA
|
1,700,160
|
|
|
4/01/16 – AGM Insured (UB)
|
|
|
|
1,000
|
|
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second General,
|
4/14 at 100.00
|
AA
|
1,073,790
|
|
|
Series 2004A, 5.000%, 4/01/23 – NPFG Insured
|
|
|
|
|
|
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second General,
|
|
|
|
|
|
Series 2005B:
|
|
|
|
2,960
|
|
5.500%, 4/01/20 – AMBAC Insured
|
No Opt. Call
|
AA
|
3,751,326
|
500
|
|
5.000%, 4/01/21 – AMBAC Insured
|
10/15 at 100.00
|
AA
|
564,845
|
750
|
|
New York State Thruway Authority, State Personal Income Tax Revenue Bonds, Series 2004A,
|
9/14 at 100.00
|
AAA
|
813,623
|
|
|
5.000%, 3/15/24 – AMBAC Insured
|
|
|
|
|
|
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
|
|
|
|
|
|
State Contingency Contract-Backed Bonds, Series 2003A-1:
|
|
|
|
2,100
|
|
5.250%, 6/01/20 – AMBAC Insured
|
6/13 at 100.00
|
AA–
|
2,192,694
|
3,800
|
|
5.250%, 6/01/22 – AMBAC Insured
|
6/13 at 100.00
|
AA–
|
3,967,732
|
1,300
|
|
New York State Urban Development Corporation, Revenue Bonds, Correctional Facilities, Series
|
No Opt. Call
|
AA–
|
1,352,052
|
|
|
1994A, 5.250%, 1/01/14 – AGM Insured
|
|
|
|
345
|
|
Niagara Falls City School District, Niagara County, New York, Certificates of Participation,
|
6/15 at 100.00
|
AA–
|
362,457
|
|
|
High School Facility, Series 2005, 5.000%, 6/15/28 – AGM Insured
|
|
|
|
1,000
|
|
Puerto Rico Highway and Transportation Authority, Highway Revenue Refunding Bonds, Series
|
No Opt. Call
|
AA–
|
1,150,440
|
|
|
2002E, 5.500%, 7/01/18 – AGM Insured
|
|
|
|
1,470
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/20 at 100.00
|
AA–
|
1,571,224
|
|
|
2010C, 5.125%, 8/01/42 – AGM Insured
|
|
|
|
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Series 2007A:
|
|
|
|
10,395
|
|
0.000%, 8/01/44 – NPFG Insured
|
No Opt. Call
|
AA–
|
1,663,304
|
18,280
|
|
0.000%, 8/01/46 – NPFG Insured
|
No Opt. Call
|
AA–
|
2,576,749
|
20,515
|
|
0.000%, 8/01/47 – AMBAC Insured
|
No Opt. Call
|
AA–
|
2,707,980
|
118,205
|
|
Total Tax Obligation/Limited
|
|
|
83,543,897
|
|
|
Transportation – 15.0% (10.0% of Total Investments)
|
|
|
|
2,000
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2003A,
|
11/13 at 100.00
|
AA–
|
2,099,140
|
|
|
5.000%, 11/15/25 – AGM Insured
|
|
|
|
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2005A:
|
|
|
|
600
|
|
4.750%, 11/15/27 – NPFG Insured
|
11/15 at 100.00
|
AA–
|
662,334
|
1,500
|
|
4.750%, 11/15/30 – AMBAC Insured
|
11/15 at 100.00
|
A
|
1,559,430
|
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,
|
|
|
|
|
|
Series 2002A:
|
|
|
|
500
|
|
5.500%, 11/15/19 – AMBAC Insured
|
11/12 at 100.00
|
A
|
509,090
|
2,010
|
|
5.000%, 11/15/25 – FGIC Insured
|
11/12 at 100.00
|
A
|
2,039,426
|
2,000
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,
|
11/12 at 100.00
|
A
|
2,029,280
|
|
|
Series 2002E, 5.000%, 11/15/25 – NPFG Insured
|
|
|
|
790
|
|
New York Liberty Development Corporation, Liberty Revenue Bonds, 4 World Trade Center Project,
|
11/21 at 100.00
|
A+
|
853,484
|
|
|
Series 2011, 5.000%, 11/15/44
|
|
|
|
330
|
|
New York State Thruway Authority, General Revenue Bonds, Refunding Series 2007H, 5.000%,
|
1/18 at 100.00
|
A+
|
374,276
|
|
|
1/01/25 – FGIC Insured
|
|
|
|
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005F:
|
|
|
|
925
|
|
5.000%, 1/01/20 – AMBAC Insured
|
1/15 at 100.00
|
A+
|
1,015,724
|
2,240
|
|
5.000%, 1/01/30 – AMBAC Insured
|
1/15 at 100.00
|
A+
|
2,425,450
|
600
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 – AGM
|
7/15 at 100.00
|
AA–
|
661,674
|
|
|
Insured (UB)
|
|
|
|
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth
|
|
|
|
|
|
Series 2005:
|
|
|
|
1,000
|
|
5.000%, 12/01/28 – SYNCORA GTY Insured
|
6/15 at 101.00
|
Aa2
|
1,070,950
|
565
|
|
5.000%, 12/01/31 – SYNCORA GTY Insured
|
6/15 at 101.00
|
Aa2
|
601,968
|
410
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty
|
8/17 at 100.00
|
Aa2
|
561,913
|
|
|
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:
|
|
|
|
780
|
|
5.500%, 11/15/20 – NPFG Insured
|
No Opt. Call
|
A+
|
981,646
|
2,300
|
|
5.250%, 11/15/22 – NPFG Insured
|
11/12 at 100.00
|
A+
|
2,339,652
|
18,550
|
|
Total Transportation
|
|
|
19,785,437
|
|
|
U.S. Guaranteed – 10.1% (6.8% of Total Investments) (4)
|
|
|
|
3,000
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,
|
8/12 at 100.00
|
BBB (4)
|
3,005,790
|
|
|
Ellis Hospital, Series 1995, 5.600%, 8/01/25 (Pre-refunded 8/03/12) – NPFG Insured
|
|
|
|
2,740
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan-Kettering Cancer
|
7/13 at 100.00
|
Aa2 (4)
|
2,871,328
|
|
|
Center, Series 2003-1, 5.000%, 7/01/21 (Pre-refunded 7/01/13) – NPFG Insured
|
|
|
|
500
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
5/14 at 100.00
|
AA– (4)
|
549,590
|
|
|
City School District, Series 2004, 5.750%, 5/01/26 (Pre-refunded 5/01/14) – AGM Insured (UB)
|
|
|
|
500
|
|
Metropolitan Transportation Authority, New York, Dedicated Tax Fund Bonds, Series 1999A,
|
10/14 at 100.00
|
AA+ (4)
|
552,365
|
|
|
5.000%, 4/01/29 (Pre-refunded 10/01/14) – AGM Insured
|
|
|
|
980
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
2/13 at 100.00
|
Aaa
|
1,009,322
|
|
|
Series 2003E, 5.250%, 2/01/22 (Pre-refunded 2/01/13) – NPFG Insured
|
|
|
|
1,000
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
2/14 at 100.00
|
AAA
|
1,074,470
|
|
|
Series 2004C, 5.000%, 2/01/19 (Pre-refunded 2/01/14) – SYNCORA GTY Insured
|
|
|
|
1,500
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Refunding Bonds,
|
2/13 at 100.00
|
Aaa
|
1,542,675
|
|
|
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
|
|
|
|
2,000
|
|
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, State
|
3/13 at 100.00
|
AA+ (4)
|
2,075,920
|
|
|
Facilities and Equipment, Series 2002C-1, 5.500%, 3/15/21 (Pre-refunded 3/15/13) – FGIC Insured
|
|
|
|
85
|
|
Niagara Falls, New York, General Obligation Bonds, Series 1994, 7.500%, 3/01/13 –
|
No Opt. Call
|
A2 (4)
|
89,179
|
|
|
NPFG Insured (ETM)
|
|
|
|
12,805
|
|
Total U.S. Guaranteed
|
|
|
13,313,149
|
|
|
Utilities – 6.5% (4.4% of Total Investments)
|
|
|
|
540
|
|
Guam Power Authority, Revenue Bonds, Series 2010A, 5.000%, 10/01/37 – AGM Insured
|
10/20 at 100.00
|
AA–
|
580,171
|
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:
|
|
|
|
2,270
|
|
5.000%, 12/01/23 – FGIC Insured
|
6/16 at 100.00
|
A
|
2,541,038
|
2,930
|
|
5.000%, 12/01/25 – FGIC Insured
|
6/16 at 100.00
|
A
|
3,260,651
|
1,500
|
|
5.000%, 12/01/26 – AGC Insured
|
6/16 at 100.00
|
AA+
|
1,666,410
|
250
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006B,
|
6/16 at 100.00
|
A
|
262,550
|
|
|
5.000%, 12/01/35 – CIFG Insured
|
|
|
|
250
|
|
Power Authority of the State of New York, General Revenue Bonds, Series 2006A, 5.000%,
|
11/15 at 100.00
|
Aa2
|
284,830
|
|
|
11/15/19 – FGIC Insured
|
|
|
|
7,740
|
|
Total Utilities
|
|
|
8,595,650
|
|
|
Water and Sewer – 11.5% (7.7% of Total Investments)
|
|
|
|
2,000
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
|
6/19 at 100.00
|
AA+
|
2,304,500
|
|
|
Bonds, Second Generation Resolution, Fiscal 2010 Series 2009BB, 5.000%, 6/15/27
|
|
|
|
1,780
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
|
12/21 at 100.00
|
AA+
|
1,970,015
|
|
|
Bonds, Second Generation Resolution, Fiscal 2012 Series BB, 5.000%, 6/15/44
|
|
|
|
1,200
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
|
6/16 at 100.00
|
AAA
|
1,337,592
|
|
|
Bonds, Series 2006B, 5.000%, 6/15/36 – NPFG Insured (UB)
|
|
|
|
3,305
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue
|
6/14 at 100.00
|
AAA
|
3,531,822
|
|
|
Bonds, Fiscal Series 2004C, 5.000%, 6/15/35 – AMBAC Insured
|
|
|
|
1,980
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue
|
6/15 at 100.00
|
AAA
|
2,205,898
|
|
|
Bonds, Fiscal Series 2005C, 5.000%, 6/15/27 – NPFG Insured (UB)
|
|
|
|
1,000
|
|
New York State Environmental Facilities Corporation, Revenue Bonds, State Revolving Funds
|
No Opt. Call
|
AAA
|
1,132,589
|
|
|
Master Financing, Series 2012B, 5.000%, 2/15/42
|
|
|
|
2,500
|
|
Suffolk County Water Authority, New York, Waterworks Revenue Bonds, Series 2005C, 5.000%,
|
6/15 at 100.00
|
AAA
|
2,651,425
|
|
|
6/01/28 – NPFG Insured (UB)
|
|
|
|
13,765
|
|
Total Water and Sewer
|
|
|
15,133,841
|
$ 224,470
|
|
Total Investments (cost $184,757,019) – 149.0%
|
|
|
196,765,980
|
|
|
Floating Rate Obligations – (12.6)%
|
|
|
(16,600,000)
|
|
|
Variable Rate MuniFund Term Preferred Shares, at Liquidation Value – (38.4)% (5)
|
|
|
(50,700,000)
|
|
|
Other Assets Less Liabilities – 2.0%
|
|
|
2,619,911
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 132,085,891
|