|
|
|
|
|
|
Portfolio of Investments (Unaudited)
|
|
|
|
|
Nuveen Virginia Dividend Advantage Municipal Fund (NGB)
|
|
|
|
|
August 31, 2009
|
|
|
|
Principal
|
|
Optional Call
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
Consumer Staples 3.7% (2.5% of Total Investments)
|
|
|
|
$ 1,660
|
Tobacco Settlement Financing Corporation of Virginia, Tobacco Settlement Asset Backed Bonds,
|
6/17 at 100.00
|
BBB
|
$ 1,162,299
|
|
Series 2007B1, 5.000%, 6/01/47
|
|
|
|
715
|
Tobacco Settlement Financing Corporation of Virginia, Tobacco Settlement Asset-Backed Bonds,
|
6/17 at 100.00
|
BBB
|
386,114
|
|
Series 2007B2, 0.000%, 6/01/46
|
|
|
|
2,375
|
Total Consumer Staples
|
|
|
1,548,413
|
|
Education and Civic Organizations 6.3% (4.3% of Total Investments)
|
|
|
|
500
|
Danville Industrial Development Authority, Virginia, Educational Facilities Revenue Bonds,
|
3/11 at 102.00
|
N/R
|
422,250
|
|
Averett University, Series 2001, 6.000%, 3/15/22
|
|
|
|
500
|
Prince William County Industrial Development Authority, Virginia, Educational Facilities
|
10/13 at 101.00
|
A3
|
493,405
|
|
Revenue Bonds, Catholic Diocese of Arlington, Series 2003, 5.500%, 10/01/33
|
|
|
|
850
|
Prince William County Park Authority, Virginia, Park Facilities Revenue Refunding and
|
10/09 at 101.00
|
A3
|
858,908
|
|
Improvement Bonds, Series 1999, 6.000%, 10/15/28
|
|
|
|
|
Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities
|
|
|
|
|
Financing Authority, Higher Education Revenue Bonds, Ana G. Mendez University System,
|
|
|
|
|
Series 1999:
|
|
|
|
160
|
5.375%, 2/01/19
|
2/10 at 100.50
|
BBB
|
143,245
|
320
|
5.375%, 2/01/29
|
2/10 at 100.50
|
BBB
|
251,427
|
500
|
Virginia College Building Authority, Educational Facilities Revenue Refunding Bonds, Marymount
|
1/10 at 100.50
|
BBB
|
500,125
|
|
University, Series 1998, 5.100%, 7/01/18 RAAI Insured
|
|
|
|
2,830
|
Total Education and Civic Organizations
|
|
|
2,669,360
|
|
Health Care 19.6% (13.4% of Total Investments)
|
|
|
|
250
|
Charlotte County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Halifax
|
9/17 at 100.00
|
A
|
221,843
|
|
Regional Hospital Incorporated, Series 2007, 5.000%, 9/01/37
|
|
|
|
565
|
Fairfax County Industrial Development Authority, Virginia, Healthcare Revenue Bonds, Inova
|
5/19 at 100.00
|
AA+
|
634,710
|
|
Health System, Series 2009A, Trust 11733, 14.538%, 5/15/35 (IF)
|
|
|
|
100
|
Fairfax County Industrial Development Authority, Virginia, Hospital Revenue Refunding Bonds,
|
No Opt. Call
|
AA+
|
107,537
|
|
Inova Health System, Series 1993A, 5.000%, 8/15/23
|
|
|
|
1,000
|
Fauquier County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Fauquier
|
10/12 at 102.00
|
BBB+
|
947,930
|
|
Hospital, Series 2002, 5.250%, 10/01/25 RAAI Insured
|
|
|
|
500
|
Fredericksburg Economic Development Authority, Virginia, Hospital Facilities Revenue Bonds,
|
No Opt. Call
|
A3
|
515,835
|
|
MediCorp Health System, Series 2007, 5.250%, 6/15/23
|
|
|
|
500
|
Fredericksburg Industrial Development Authority, Virginia, Revenue Bonds, MediCorp Health
|
6/12 at 100.00
|
A3
|
476,520
|
|
System, Series 2002B, 5.125%, 6/15/33
|
|
|
|
820
|
Harrisonburg Industrial Development Authority, Virginia, Hospital Facilities Revenue Bonds,
|
8/16 at 100.00
|
Baa1
|
746,684
|
|
Rockingham Memorial Hospital, Series 2006, 5.000%, 8/15/31 AMBAC Insured
|
|
|
|
480
|
Henrico County Economic Development Authority, Virginia, Revenue Bonds, Bon Secours Health
|
11/12 at 100.00
|
A
|
481,910
|
|
System Inc., Series 2002A, 5.600%, 11/15/30
|
|
|
|
525
|
Manassas Industrial Development Authority, Virginia, Hospital Revenue Bonds, Prince William
|
4/13 at 100.00
|
A3
|
492,597
|
|
Hospital, Series 2002, 5.250%, 4/01/33
|
|
|
|
800
|
Norton Industrial Development Authority, Virginia, Hospital Revenue Refunding and Improvement
|
12/11 at 101.00
|
N/R
|
716,840
|
|
Bonds, Norton Community Hospital, Series 2001, 6.000%, 12/01/22 ACA Insured
|
|
|
|
|
Stafford County Economic Development Authority, Virginia, Hospital Facilities Revenue Bonds,
|
|
|
|
|
MediCorp Health System, Series 2006:
|
|
|
|
750
|
5.250%, 6/15/25
|
6/16 at 100.00
|
A3
|
751,635
|
360
|
5.250%, 6/15/31
|
6/16 at 100.00
|
A3
|
347,735
|
605
|
5.250%, 6/15/37
|
6/16 at 100.00
|
A3
|
572,028
|
785
|
Virginia Small Business Financing Authority, Wellmont Health System Project Revenue Bonds,
|
9/17 at 100.00
|
BBB+
|
544,837
|
|
Series 2007A, 5.250%, 9/01/37
|
|
|
|
|
|
|
|
|
715
|
Winchester Industrial Development Authority, Virginia, Hospital Revenue Bonds, Winchester
|
1/17 at 100.00
|
AA
|
729,665
|
|
Medical Center, Series 2007, 5.125%, 1/01/31
|
|
|
|
8,755
|
Total Health Care
|
|
|
8,288,306
|
|
Housing/Multifamily 4.8% (3.3% of Total Investments)
|
|
|
|
1,000
|
Arlington County Industrial Development Authority, Virginia, Multifamily Housing Mortgage
|
11/11 at 102.00
|
AAA
|
1,040,580
|
|
Revenue Bonds, Arlington View Terrace Apartments, Series 2001, 5.150%, 11/01/31 (Mandatory
|
|
|
|
|
put 11/01/19) (Alternative Minimum Tax)
|
|
|
|
1,000
|
Virginia Housing Development Authority, Rental Housing Bonds, Series 2000G, 5.625%, 10/01/20
|
10/10 at 100.00
|
AA+
|
1,009,140
|
|
(Alternative Minimum Tax)
|
|
|
|
2,000
|
Total Housing/Multifamily
|
|
|
2,049,720
|
|
Housing/Single Family 10.0% (6.9% of Total Investments)
|
|
|
|
1,000
|
Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2001H-1, 5.350%,
|
7/11 at 100.00
|
AAA
|
1,009,470
|
|
7/01/31 NPFG Insured
|
|
|
|
600
|
Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2005C-2, 4.750%,
|
1/15 at 100.00
|
AAA
|
554,820
|
|
10/01/32 (Alternative Minimum Tax)
|
|
|
|
960
|
Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2006 D1, 4.900%,
|
7/15 at 100.00
|
AAA
|
928,445
|
|
1/01/33 (Alternative Minimum Tax)
|
|
|
|
480
|
Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2006, 4.800%,
|
7/15 at 100.00
|
AAA
|
451,963
|
|
7/01/29 (Alternative Minimum Tax)
|
|
|
|
1,400
|
Virginia Housing Development Authority, Commonwealth Mortgage Bonds, Series 2007B, 4.750%,
|
7/16 at 100.00
|
AAA
|
1,312,710
|
|
7/01/32 (Alternative Minimum Tax)
|
|
|
|
4,440
|
Total Housing/Single Family
|
|
|
4,257,408
|
|
Long-Term Care 10.6% (7.2% of Total Investments)
|
|
|
|
700
|
Albemarle County Industrial Development Authority, Virginia, Residential Care Facilities
|
1/17 at 100.00
|
N/R
|
531,783
|
|
Mortgage Revenue Bonds, Westminster-Cantebury of the Blue Ridge, Series 2007, 5.000%, 1/01/31
|
|
|
|
350
|
Chesterfield County Health Center Commission, Virginia, Mortgage Revenue Bonds, Lucy Corr
|
12/15 at 100.00
|
N/R
|
245,634
|
|
Village, Series 2005, 5.625%, 12/01/39
|
|
|
|
1,005
|
Fairfax County Economic Development Authority, Virginia, Residential Care Facilities Mortgage
|
10/17 at 100.00
|
N/R
|
795,236
|
|
Revenue Bonds, Goodwin House, Inc., Series 2007A, 5.125%, 10/01/37
|
|
|
|
500
|
Fairfax County Economic Development Authority, Virginia, Retirement Center Revenue Bonds,
|
10/16 at 100.00
|
BBB+
|
408,260
|
|
Greenspring Village, Series 2006A, 4.750%, 10/01/26
|
|
|
|
540
|
Henrico County Economic Development Authority, Virginia, Residential Care Facility Revenue
|
No Opt. Call
|
BBB
|
422,555
|
|
Bonds, Westminster Canterbury of Richmond, Series 2006, 5.000%, 10/01/35
|
|
|
|
700
|
Industrial Development Authority of the County of Prince William, Virginia, Residential Care
|
1/17 at 100.00
|
N/R
|
510,832
|
|
Facility Revenue Bonds, Westminster at Lake, First Mortgage, Series 2006, 5.125%, 1/01/26
|
|
|
|
650
|
James City County Industrial Development Authority, Virginia, Residential Care Facility First
|
3/12 at 101.00
|
N/R
|
541,275
|
|
Mortgage Revenue Refunding Bonds, Williamsburg Landing Inc., Series 2003A, 6.000%, 3/01/23
|
|
|
|
530
|
Roanoke Industrial Development Authority, Virginia, Residential Revenue Bonds, Virginia
|
12/16 at 100.00
|
N/R
|
342,327
|
|
Lutheran Homes Incorporated, Series 2006, 5.000%, 12/01/39
|
|
|
|
350
|
Suffolk Industrial Development Authority, Virginia, Retirement Facilities First Mortgage
|
9/16 at 100.00
|
N/R
|
261,457
|
|
Revenue Bonds, Lake Prince Center, Series 2006, 5.300%, 9/01/31
|
|
|
|
350
|
Virginia Beach Development Authority, Virginia, Residential Care Facility Mortgage Revenue
|
11/15 at 100.00
|
N/R
|
294,462
|
|
Bonds, Westminster Canterbury on Chesapeake Bay, Series 2005, 5.000%, 11/01/22
|
|
|
|
175
|
Winchester Industrial Development Authority, Virginia, Residential Care Facility Revenue
|
1/15 at 100.00
|
N/R
|
136,080
|
|
Bonds, Westminster-Canterbury of Winchester Inc., Series 2005A, 5.200%, 1/01/27
|
|
|
|
5,850
|
Total Long-Term Care
|
|
|
4,489,901
|
|
Materials 0.7 (0.5% of Total Investments)
|
|
|
|
100
|
Bedford County Industrial Development Authority, Virginia, Industrial Development Revenue
|
2/10 at 100.00
|
B2
|
80,585
|
|
Refunding Bonds, Nekoosa Packaging Corporation, Series 1998, 5.600%, 12/01/25 (Alternative
|
|
|
|
|
Minimum Tax) (4)
|
|
|
|
20
|
Bedford County Industrial Development Authority, Virginia, Industrial Development Revenue
|
12/09 at 101.00
|
B2
|
17,859
|
|
Refunding Bonds, Nekoosa Packaging Corporation, Series 1999A, 6.550%, 12/01/25 (Alternative
|
|
|
|
|
Minimum Tax) (4)
|
|
|
|
220
|
Goochland County Industrial Development Authority, Virginia, Industrial Development Revenue
|
12/09 at 100.50
|
B2
|
178,295
|
|
Refunding Bonds, Nekoosa Packaging Corporation Project, Series 1998, 5.650%, 12/01/25
|
|
|
|
|
(Alternative Minimum Tax) (4)
|
|
|
|
340
|
Total Materials
|
|
|
276,739
|
|
|
|
|
|
|
Tax Obligation/General 11.9% (8.1% of Total Investments)
|
|
|
|
700
|
Loudoun County, Virginia, General Obligation Bonds, Series 2006, 5.000%, 12/01/25
|
12/16 at 100.00
|
AAA
|
763,455
|
845
|
Newport News, Virginia, General Obligation Bonds, Series 2004C, 5.000%, 5/01/16
|
5/14 at 101.00
|
AA
|
947,786
|
620
|
Richmond, Virginia, General Obligation Bonds, Series 2005A, 5.000%, 7/15/17 FSA Insured
|
7/15 at 100.00
|
AAA
|
699,236
|
400
|
Suffolk, Virginia, General Obligation Bonds, Series 2005, 5.000%, 12/01/15
|
No Opt. Call
|
AA
|
463,104
|
400
|
Virginia Beach, Virginia, General Obligation Bonds, Series 2005, 5.000%, 1/15/20
|
1/16 at 100.00
|
AAA
|
445,508
|
1,600
|
Virginia Beach, Virginia, General Obligation Bonds, 5.000%, 10/01/26 (UB)
|
10/17 at 100.00
|
AAA
|
1,731,344
|
4,565
|
Total Tax Obligation/General
|
|
|
5,050,433
|
|
Tax Obligation/Limited 19.9% (13.6% of Total Investments)
|
|
|
|
100
|
Bell Creek Community Development Authority, Virginia, Special Assessment Bonds, Series
|
3/13 at 101.00
|
N/R
|
82,764
|
|
2003A, 6.750%, 3/01/22
|
|
|
|
500
|
Broad Street Community Development Authority, Virginia, Revenue Bonds, Series 2003,
|
6/13 at 102.00
|
N/R
|
391,820
|
|
7.500%, 6/01/33
|
|
|
|
|
Buena Vista Public Recreational Facilities Authority, Virginia, Lease Revenue Bonds, Golf
|
|
|
|
|
Course Project, Series 2005A:
|
|
|
|
120
|
5.250%, 7/15/25 ACA Insured
|
7/15 at 100.00
|
N/R
|
79,409
|
95
|
5.500%, 7/15/35 ACA Insured
|
7/15 at 100.00
|
N/R
|
53,266
|
500
|
Fairfax County Economic Development Authority, Virginia, Lease Revenue Bonds, Joint Public
|
5/16 at 100.00
|
AA+
|
555,370
|
|
Uses Community Project, Series 2006, 5.000%, 5/15/18
|
|
|
|
160
|
Montgomery County Industrial Development Authority, Virginia, Public Facility Lease Revenue
|
2/18 at 100.00
|
AA
|
164,757
|
|
Bonds, Public Projects Series 2008, 5.000%, 2/01/29
|
|
|
|
580
|
Prince William County, Virginia, Certificates of Participation, County Facilities, Series
|
6/15 at 100.00
|
Aa2
|
617,990
|
|
2005, 5.000%, 6/01/20 AMBAC Insured
|
|
|
|
700
|
Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2007N, 5.250%,
|
No Opt. Call
|
BBB
|
660,044
|
|
7/01/31 AMBAC Insured
|
|
|
|
3,000
|
Puerto Rico Infrastructure Financing Authority, Special Tax Revenue Bonds, Series 2005A,
|
No Opt. Call
|
BBB+
|
702,390
|
|
0.000%, 7/01/29 AMBAC Insured
|
|
|
|
1,000
|
Spotsylvania County Industrial Development Authority, Virginia, Lease Revenue Bonds, School
|
8/13 at 100.00
|
N/R
|
1,007,890
|
|
Facilities, Series 2003B, 5.125%, 8/01/23 AMBAC Insured
|
|
|
|
600
|
Stafford County and Staunton Industrial Development Authority, Virginia, Revenue Bonds,
|
8/16 at 100.00
|
A+
|
623,424
|
|
Virginia Municipal League and Virginia Association of Counties Finance Program, Series 2006A,
|
|
|
|
|
5.000%, 8/01/23 NPFG Insured
|
|
|
|
890
|
Stafford County Economic Development Authority, Virginia, Public Project Lease Revenue Bonds,
|
4/18 at 100.00
|
AAA
|
909,277
|
|
5.000%, 4/01/33 AGC Insured (UB)
|
|
|
|
960
|
Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Series 1999A,
|
10/10 at 101.00
|
BBB+
|
980,102
|
|
6.375%, 10/01/19
|
|
|
|
195
|
Virginia Beach Development Authority, Public Facilities Revenue Bonds, Series 2005A,
|
5/15 at 100.00
|
AA+
|
212,513
|
|
5.000%, 5/01/22
|
|
|
|
280
|
Virginia College Building Authority, Educational Facilities Revenue Bonds, 21st Century
|
2/19 at 100.00
|
AA+
|
352,906
|
|
College Program, Series 2009, Trust 09-3B, 12.666%, 2/01/27 (IF)
|
|
|
|
280
|
Virginia College Building Authority, Educational Facilities Revenue Bonds, 21st Century
|
2/19 at 100.00
|
AA+
|
346,718
|
|
College Program, Series 2009, Trust 09-4B, 12.748%, 2/01/28 (IF)
|
|
|
|
345
|
Virginia Gateway Community Development Authority, Prince William County, Special Assessment
|
3/13 at 102.00
|
N/R
|
302,572
|
|
Bonds, Series 2003, 6.375%, 3/01/30
|
|
|
|
345
|
Virginia Public School Authority, School Financing Bonds, 1997 Resolution, Series 2005C,
|
8/15 at 100.00
|
AA+
|
388,477
|
|
5.000%, 8/01/17
|
|
|
|
10,650
|
Total Tax Obligation/Limited
|
|
|
8,431,689
|
|
Transportation 25.7% (17.6% of Total Investments)
|
|
|
|
1,000
|
Capital Region Airport Authority, Richmond, Virginia, Revenue Bonds, Richmond International
|
7/15 at 100.00
|
AAA
|
1,087,280
|
|
Airport, Series 2005A, 5.000%, 7/01/18 FSA Insured
|
|
|
|
1,000
|
Chesapeake Bay Bridge and Tunnel Commission, Virginia, General Resolution Revenue Refunding
|
No Opt. Call
|
A
|
1,094,440
|
|
Bonds, Series 1998, 5.500%, 7/01/25 NPFG Insured
|
|
|
|
3,000
|
Metropolitan Washington D.C. Airports Authority, Airport System Revenue Bonds, Series 2001A,
|
10/11 at 101.00
|
AA
|
3,029,428
|
|
5.500%, 10/01/27 NPFG Insured (Alternative Minimum Tax)
|
|
|
|
250
|
Metropolitan Washington D.C. Airports Authority, Airport System Revenue Bonds, Series 2001B,
|
10/11 at 101.00
|
AA
|
257,785
|
|
5.000%, 10/01/21 NPFG Insured
|
|
|
|
1,500
|
Norfolk Airport Authority, Virginia, Airport Revenue Bonds, Series 2001A, 5.125%, 7/01/31
|
7/11 at 100.00
|
A
|
1,498,920
|
|
FGIC Insured
|
|
|
|
|
|
|
|
|
500
|
Norfolk, Virginia, Parking System Revenue Bonds, Series 2005A, 5.000%, 2/01/23 NPFG Insured
|
2/15 at 100.00
|
A
|
512,845
|
500
|
Richmond Metropolitan Authority, Virginia, Revenue Refunding Bonds, Expressway System,
|
No Opt. Call
|
A
|
539,510
|
|
Series 2002, 5.250%, 7/15/22 FGIC Insured
|
|
|
|
455
|
Virginia Port Authority, Revenue Bonds, Port Authority Facilities, Series 2006, 5.000%,
|
7/13 at 100.00
|
Aa3
|
405,737
|
|
7/01/36 FGIC Insured (Alternative Minimum Tax)
|
|
|
|
1,225
|
Virginia Resources Authority, Airports Revolving Fund Revenue Bonds, Series 2001A,
|
2/11 at 100.00
|
Aa2
|
1,268,108
|
|
5.250%, 8/01/23
|
|
|
|
1,250
|
Virginia Resources Authority, Airports Revolving Fund Revenue Bonds, Series 2001B, 5.125%,
|
2/11 at 100.00
|
Aa2
|
1,222,013
|
|
8/01/27 (Alternative Minimum Tax)
|
|
|
|
10,680
|
Total Transportation
|
|
|
10,916,066
|
|
U.S. Guaranteed 28.3% (19.3% of Total Investments) (5)
|
|
|
|
500
|
Albemarle County Industrial Development Authority, Virginia, Residential Care Facility Revenue
|
1/12 at 100.00
|
N/R (5)
|
557,530
|
|
Bonds, Westminster Canterbury of the Blue Ridge First Mortgage, Series 2001, 6.200%, 1/01/31
|
|
|
|
|
(Pre-refunded 1/01/12)
|
|
|
|
1,000
|
Bristol, Virginia, Utility System Revenue Refunding Bonds, Series 2001, 5.000%, 7/15/21 FSA
|
No Opt. Call
|
AAA
|
1,131,760
|
|
Insured (ETM)
|
|
|
|
|
Guam Economic Development Authority, Tobacco Settlement Asset-Backed Bonds, Series 2001A:
|
|
|
|
30
|
5.000%, 5/15/22 (Pre-refunded 5/15/11)
|
5/11 at 100.00
|
N/R (5)
|
31,972
|
850
|
5.400%, 5/15/31 (Pre-refunded 5/15/11)
|
5/11 at 100.00
|
N/R (5)
|
911,591
|
20
|
Henrico County Economic Development Authority, Virginia, Revenue Bonds, Bon Secours Health
|
11/12 at 100.00
|
A3 (5)
|
22,745
|
|
System Inc., Series 2002A, 5.600%, 11/15/30 (Pre-refunded 11/15/12)
|
|
|
|
2,310
|
Leesburg, Virginia, General Obligation Public Improvement Bonds, Series 2000, 5.125%, 1/15/21
|
1/11 at 101.00
|
AA (5)
|
2,473,040
|
|
(Pre-refunded 1/15/11) FGIC Insured
|
|
|
|
425
|
Loudoun County Industrial Development Authority, Virginia, Hospital Revenue Bonds, Loudoun
|
6/12 at 101.00
|
N/R (5)
|
485,010
|
|
Hospital Center, Series 2002A, 6.000%, 6/01/22 (Pre-refunded 6/01/12)
|
|
|
|
500
|
Loudoun County, Virginia, General Obligation Public Improvement Bonds, Series 2005B, 5.000%,
|
6/15 at 100.00
|
AAA
|
581,315
|
|
6/01/18 (Pre-refunded 6/01/15)
|
|
|
|
|
Puerto Rico Infrastructure Financing Authority, Special Obligation Bonds, Series 2000A:
|
|
|
|
1,500
|
5.500%, 10/01/32 (Pre-refunded 10/01/10)
|
10/10 at 101.00
|
AAA
|
1,596,600
|
1,500
|
5.500%, 10/01/40 (Pre-refunded 10/01/10)
|
10/10 at 101.00
|
AAA
|
1,596,600
|
155
|
Puerto Rico, The Childrens Trust Fund, Tobacco Settlement Asset-Backed Bonds, Series 2000,
|
7/10 at 100.00
|
AAA
|
161,738
|
|
5.750%, 7/01/20 (Pre-refunded 7/01/10)
|
|
|
|
120
|
Rockbridge County Industrial Development Authority, Virginia, Horse Center Revenue Refunding
|
No Opt. Call
|
B2 (5)
|
127,838
|
|
Bonds, Series 2001B, 6.125%, 7/15/11 (ETM)
|
|
|
|
880
|
Rockbridge County Industrial Development Authority, Virginia, Horse Center Revenue Refunding
|
7/11 at 105.00
|
B2 (5)
|
968,774
|
|
Bonds, Series 2001C, 6.850%, 7/15/21 (Pre-refunded 7/15/11)
|
|
|
|
725
|
Tobacco Settlement Financing Corporation of Virginia, Tobacco Settlement Asset-Backed Bonds,
|
6/15 at 100.00
|
AAA
|
811,500
|
|
Series 2005, 5.500%, 6/01/26 (Pre-refunded 6/01/15)
|
|
|
|
500
|
Virginia College Building Authority, Educational Facilities Revenue Bonds, 21st Century
|
2/12 at 100.00
|
AA+ (5)
|
547,570
|
|
College Program, Series 2002A, 5.000%, 2/01/22 (Pre-refunded 2/01/12)
|
|
|
|
11,015
|
Total U.S. Guaranteed
|
|
|
12,005,583
|
|
Utilities 2.2% (1.5% of Total Investments)
|
|
|
|
1,000
|
Mecklenburg County Industrial Development Authority, Virginia, Revenue Bonds, UAE Mecklenburg
|
10/12 at 100.00
|
Baa1
|
951,810
|
|
Cogeneration LP, Series 2002, 6.500%, 10/15/17 (Alternative Minimum Tax)
|
|
|
|
|
Water and Sewer 2.7% (1.8% of Total Investments)
|
|
|
|
500
|
Virginia Beach, Virginia, Water and Sewer System Revenue Bonds, Series 2005, 5.000%, 10/01/30
|
10/15 at 100.00
|
AAA
|
513,690
|
545
|
Virginia State Resources Authority, Clean Water Revenue Bonds, Series 2007, Trust 3036,
|
10/17 at 100.00
|
AAA
|
627,518
|
|
13.070%, 10/01/29 (IF)
|
|
|
|
1,045
|
Total Water and Sewer
|
|
|
1,141,208
|
$ 65,545
|
Total Investments (cost $64,070,780) 146.4%
|
|
|
62,076,636
|
|
Floating Rate Obligations (3.9)%
|
|
|
(1,640,000)
|
|
Other Assets Less Liabilities 3.5%
|
|
|
1,455,078
|
|
Preferred Shares, at Liquidation Value (46.0)% (6)
|
|
|
(19,500,000)
|
|
Net Assets Applicable to Common Shares 100%
|
|
|
$ 42,391,714
|