|
|
|
|
|
|
|
|
Portfolio of Investments (Unaudited)
|
|
|
|
|
|
Nuveen New York Dividend Advantage Municipal Fund 2 (NXK)
|
|
|
|
|
|
December 31, 2012
|
|
|
|
|
|
Principal
|
|
|
Optional Call
|
|
|
Amount (000)
|
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Consumer Discretionary – 2.6% (1.8% of Total Investments)
|
|
|
|
$ 700
|
|
New York City Industrial Development Agency, New York, Liberty Revenue Bonds,
|
9/15 at 100.00
|
BBB
|
$ 718,158
|
|
|
IAC/InterActiveCorp, Series 2005, 5.000%, 9/01/35
|
|
|
|
1,950
|
|
Seneca Nation of Indians Capital Improvements Authority, New York, Special Obligation Bonds,
|
6/17 at 100.00
|
BB
|
1,984,671
|
|
|
Series 2007A, 5.000%, 12/01/23
|
|
|
|
2,650
|
|
Total Consumer Discretionary
|
|
|
2,702,829
|
|
|
Consumer Staples – 2.5% (1.7% of Total Investments)
|
|
|
|
205
|
|
New York Counties Tobacco Trust II, Tobacco Settlement Pass-Through Bonds, Series 2001,
|
3/13 at 100.00
|
A3
|
198,543
|
|
|
5.250%, 6/01/25
|
|
|
|
455
|
|
New York Counties Tobacco Trust III, Tobacco Settlement Pass-Through Bonds, Series 2003,
|
6/13 at 100.00
|
A1
|
452,811
|
|
|
5.750%, 6/01/33
|
|
|
|
85
|
|
Rensselaer Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed
|
3/13 at 100.00
|
A3
|
81,615
|
|
|
Bonds, Series 2001A, 5.200%, 6/01/25
|
|
|
|
|
|
TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006:
|
|
|
|
540
|
|
4.750%, 6/01/22
|
6/16 at 100.00
|
BBB
|
540,065
|
835
|
|
5.000%, 6/01/26
|
6/16 at 100.00
|
BB–
|
801,066
|
500
|
|
5.000%, 6/01/34
|
6/16 at 100.00
|
B+
|
443,770
|
2,620
|
|
Total Consumer Staples
|
|
|
2,517,870
|
|
|
Education and Civic Organizations – 25.7% (17.5% of Total Investments)
|
|
|
|
260
|
|
Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series
|
7/17 at 100.00
|
BBB
|
272,246
|
|
|
2007A, 5.000%, 7/01/31
|
|
|
|
380
|
|
Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter
|
4/17 at 100.00
|
BBB–
|
374,197
|
|
|
Schools, Series 2007A, 5.000%, 4/01/37
|
|
|
|
1,225
|
|
Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue
|
1/20 at 100.00
|
BBB–
|
1,422,764
|
|
|
Bonds, Barclays Center Project, Series 2009, 6.250%, 7/15/40
|
|
|
|
670
|
|
Buffalo and Erie County Industrial Land Development Corporation, New York, Tax-Exempt Revenue
|
12/20 at 100.00
|
BBB
|
793,273
|
|
|
Bonds, Enterprise Charter School Project, Series 2011A, 7.500%, 12/01/40
|
|
|
|
90
|
|
Cattaraugus County Industrial Development Agency, New York, Revenue Bonds, St. Bonaventure
|
5/16 at 100.00
|
BBB–
|
93,605
|
|
|
University, Series 2006, 5.000%, 5/01/23
|
|
|
|
1,125
|
|
Dormitory Authority of the State of New York, General Revenue Bonds, Manhattan College, Series
|
7/17 at 100.00
|
N/R
|
1,156,905
|
|
|
2007A, 5.000%, 7/01/41 – RAAI Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Housing Revenue Bonds, Fashion Institute of
|
No Opt. Call
|
BBB
|
1,179,920
|
|
|
Technology, Series 2007, 5.250%, 7/01/29 – FGIC Insured
|
|
|
|
2,000
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, New York Medical College,
|
3/13 at 100.00
|
BBB
|
2,006,400
|
|
|
Series 1998, 5.000%, 7/01/21 – NPFG Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
No Opt. Call
|
Aa2
|
1,024,280
|
|
|
Facilities, Series 2003B, 5.250%, 7/01/32 (Mandatory put 7/01/13) – SYNCORA GTY Insured
|
|
|
|
485
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
7/15 at 100.00
|
Aa2
|
521,972
|
|
|
Facilities, Series 2004A, 5.000%, 7/01/29 – NPFG Insured
|
|
|
|
1,500
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
7/21 at 100.00
|
Aa2
|
1,702,530
|
|
|
Facilities, Series 2011A, 5.000%, 7/01/41
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
7/22 at 100.00
|
Aa2
|
1,165,610
|
|
|
Facilities, Series 2012A, 5.000%, 7/01/42
|
|
|
|
2,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Columbia University, Series
|
4/21 at 100.00
|
AAA
|
2,335,680
|
|
|
2011A, 5.000%, 10/01/41
|
|
|
|
175
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New School University, Series
|
7/20 at 100.00
|
A–
|
199,066
|
|
|
2010, 5.250%, 7/01/30
|
|
|
|
2,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Non State Supported Debt, Cornell
|
7/20 at 100.00
|
Aa1
|
2,299,440
|
|
|
University, Series 2010A, 5.000%, 7/01/40
|
|
|
|
280
|
|
Dormitory Authority of the State of New York, Revenue Bonds, St. Joseph’s College, Series
|
7/20 at 100.00
|
Baa1
|
311,979
|
|
|
2010, 5.250%, 7/01/35
|
|
|
|
1,835
|
|
Dutchess County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bard
|
8/17 at 100.00
|
Baa1
|
1,926,383
|
|
|
College Refunding, Series 2007-A1, 5.000%, 8/01/46
|
|
|
|
265
|
|
Hempstead Town Industrial Development Agency, New York, Revenue Bonds, Adelphi University,
|
10/15 at 100.00
|
A
|
285,490
|
|
|
Civic Facility Project, Series 2005, 5.000%, 10/01/35
|
|
|
|
1,475
|
|
Hempstead Town Local Development Corporation, New York, Revenue Bonds, Molloy College Project,
|
7/19 at 100.00
|
BBB+
|
1,681,618
|
|
|
Series 2009, 5.750%, 7/01/39
|
|
|
|
890
|
|
Monroe County Industrial Development Corporation, New York, Revenue Bonds, St. John Fisher
|
6/21 at 100.00
|
BBB+
|
1,028,493
|
|
|
College, Series 2011, 6.000%, 6/01/30
|
|
|
|
245
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, St.
|
10/14 at 100.00
|
A–
|
252,076
|
|
|
Francis College, Series 2004, 5.000%, 10/01/34
|
|
|
|
1,120
|
|
New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball
|
1/17 at 100.00
|
Ba1
|
1,102,662
|
|
|
Stadium Project, Series 2006, 4.750%, 1/01/42 – AMBAC Insured
|
|
|
|
|
|
New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium
|
|
|
|
|
|
Project, Series 2006:
|
|
|
|
1,460
|
|
4.500%, 3/01/39 – FGIC Insured
|
9/16 at 100.00
|
BBB
|
1,482,747
|
750
|
|
4.750%, 3/01/46 – NPFG Insured
|
9/16 at 100.00
|
BBB
|
767,783
|
170
|
|
Seneca County Industrial Development Authority, New York, Revenue Bonds, New York Chiropractic
|
10/17 at 100.00
|
BBB
|
180,909
|
|
|
College, Series 2007, 5.000%, 10/01/27
|
|
|
|
300
|
|
Troy Capital Resource Corporation, New York, Revenue Bonds, Rensselaer Polytechnic Institute,
|
9/20 at 100.00
|
A–
|
333,051
|
|
|
Series 2010A, 5.125%, 9/01/40
|
|
|
|
340
|
|
Yonkers Industrial Development Agency, New York, Civic Facility Revenue Bonds, Sarah Lawrence
|
6/19 at 100.00
|
BBB+
|
385,016
|
|
|
College Project, Series 2001A Remarketed, 6.000%, 6/01/41
|
|
|
|
24,040
|
|
Total Education and Civic Organizations
|
|
|
26,286,095
|
|
|
Financials – 2.1% (1.4% of Total Investments)
|
|
|
|
500
|
|
Liberty Development Corporation, New York, Goldman Sachs Headquarter Revenue Bonds, Series
|
No Opt. Call
|
A
|
584,095
|
|
|
2005, 5.250%, 10/01/35
|
|
|
|
1,305
|
|
Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series
|
No Opt. Call
|
A
|
1,581,556
|
|
|
2007, 5.500%, 10/01/37
|
|
|
|
1,805
|
|
Total Financials
|
|
|
2,165,651
|
|
|
Health Care – 12.1% (8.2% of Total Investments)
|
|
|
|
1,620
|
|
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, Montefiore Medical
|
2/15 at 100.00
|
BBB
|
1,741,775
|
|
|
Center, Series 2005, 5.000%, 2/01/22 – FGIC Insured
|
|
|
|
1,700
|
|
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, St. Lukes Roosevelt
|
8/15 at 100.00
|
N/R
|
1,819,935
|
|
|
Hospital, Series 2005, 4.900%, 8/15/31
|
|
|
|
150
|
|
Dormitory Authority of the State of New York, Highland Hospital of Rochester Revenue Bonds,
|
7/20 at 100.00
|
A2
|
165,621
|
|
|
Series 2010, 5.200%, 7/01/32
|
|
|
|
375
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Franciscan Health
|
3/13 at 100.00
|
A3
|
375,836
|
|
|
Partnership Obligated Group – Frances Shervier Home and Hospital, Series 1997, 5.500%,
|
|
|
|
|
|
7/01/17 – RAAI Insured
|
|
|
|
340
|
|
Dormitory Authority of the State of New York, Orange Regional Medical Center Obligated Group
|
12/18 at 100.00
|
Ba1
|
376,730
|
|
|
Revenue Bonds, Series 2008, 6.250%, 12/01/37
|
|
|
|
2,300
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan Kettering Cancer
|
7/16 at 100.00
|
Aa3
|
2,520,685
|
|
|
Center, Series 2006, 5.000%, 7/01/35 (UB)
|
|
|
|
480
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian
|
8/14 at 100.00
|
AA–
|
518,026
|
|
|
Hospital, Series 2004A, 5.250%, 8/15/15 – AGM Insured
|
|
|
|
1,500
|
|
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series
|
7/17 at 100.00
|
A–
|
1,643,100
|
|
|
2007B, 5.625%, 7/01/37
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, NYU Hospitals Center, Series
|
7/20 at 100.00
|
A–
|
1,177,730
|
|
|
2011A, 6.000%, 7/01/40
|
|
|
|
500
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Winthrop-South Nassau University
|
7/13 at 100.00
|
Baa1
|
512,995
|
|
|
Hospital Association, Series 2003A, 5.500%, 7/01/32
|
|
|
|
290
|
|
Livingston County Industrial Development Agency, New York, Civic Facility Revenue Bonds,
|
3/13 at 100.00
|
BB
|
290,218
|
|
|
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:
|
|
|
|
275
|
|
5.250%, 2/01/27
|
2/17 at 100.00
|
BBB–
|
281,421
|
250
|
|
5.500%, 2/01/32
|
2/17 at 100.00
|
BBB–
|
256,828
|
500
|
|
New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds, Series
|
2/13 at 100.00
|
Aa3
|
502,910
|
|
|
2003A, 5.250%, 2/15/22 – AMBAC Insured
|
|
|
|
215
|
|
Yonkers Industrial Development Agency, New York, Revenue Bonds, St. John’s Riverside Hospital,
|
3/13 at 100.00
|
B+
|
215,346
|
|
|
Series 2001A, 7.125%, 7/01/31
|
|
|
|
11,495
|
|
Total Health Care
|
|
|
12,399,156
|
|
|
Housing/Multifamily – 0.9% (0.6% of Total Investments)
|
|
|
|
500
|
|
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
|
5/14 at 100.00
|
AA
|
512,855
|
|
|
Series 2004A, 5.250%, 11/01/30
|
|
|
|
70
|
|
New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,
|
5/20 at 100.00
|
AA
|
75,842
|
|
|
Series 2010D-1A, 5.000%, 11/01/42
|
|
|
|
290
|
|
New York State Housing Finance Agency, Affordable Housing Revenue, Series 2007A, 5.250%,
|
11/17 at 100.00
|
Aa2
|
305,161
|
|
|
11/01/38 (Alternative Minimum Tax)
|
|
|
|
860
|
|
Total Housing/Multifamily
|
|
|
893,858
|
|
|
Housing/Single Family – 1.6% (1.1% of Total Investments)
|
|
|
|
950
|
|
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 130, 4.650%, 4/01/27
|
4/15 at 100.00
|
Aa1
|
972,667
|
|
|
(Alternative Minimum Tax)
|
|
|
|
295
|
|
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 145, 5.125%, 10/01/37
|
4/17 at 100.00
|
Aa1
|
307,576
|
|
|
(Alternative Minimum Tax)
|
|
|
|
340
|
|
New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 148, 5.200%, 10/01/32
|
10/17 at 100.00
|
Aa1
|
360,869
|
|
|
(Alternative Minimum Tax)
|
|
|
|
1,585
|
|
Total Housing/Single Family
|
|
|
1,641,112
|
|
|
Long-Term Care – 5.3% (3.6% of Total Investments)
|
|
|
|
440
|
|
Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of
|
2/17 at 103.00
|
AA+
|
481,782
|
|
|
Westchester Project, Series 2006, 5.200%, 2/15/41
|
|
|
|
2,120
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Rehabilitation
|
7/13 at 100.00
|
A2
|
2,148,302
|
|
|
Association Pooled Loan Program 1, Series 2001A, 5.000%, 7/01/23 – AMBAC Insured
|
|
|
|
255
|
|
Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of Queens
|
11/16 at 100.00
|
Ba3
|
249,502
|
|
|
Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Providence Rest, Series 2005:
|
|
|
|
50
|
|
5.125%, 7/01/30 – ACA Insured
|
7/15 at 100.00
|
N/R
|
48,456
|
175
|
|
5.000%, 7/01/35 – ACA Insured
|
7/15 at 100.00
|
N/R
|
159,784
|
665
|
|
East Rochester Housing Authority, New York, Senior Living Revenue Bonds, Woodland Village
|
8/16 at 101.00
|
N/R
|
671,963
|
|
|
Project, Series 2006, 5.500%, 8/01/33
|
|
|
|
310
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
|
7/13 at 100.00
|
N/R
|
312,868
|
|
|
Needs Facilities Pooled Program, Series 2001A-1, 7.250%, 7/01/16
|
|
|
|
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
|
|
|
|
|
|
Needs Facilities Pooled Program, Series 2008A-1:
|
|
|
|
355
|
|
5.500%, 7/01/18
|
7/16 at 101.00
|
N/R
|
349,292
|
440
|
|
5.800%, 7/01/23
|
7/16 at 101.00
|
N/R
|
432,076
|
430
|
|
Suffolk County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Special
|
7/16 at 100.00
|
N/R
|
423,086
|
|
|
Needs Facilities Pooled Program, Series 2008-B1, 5.500%, 7/01/18
|
|
|
|
170
|
|
Yonkers Industrial Development Agency, New York, Civic Facilities Revenue Bonds, Special Needs
|
7/16 at 101.00
|
N/R
|
166,938
|
|
|
Facilities Pooled Program Bonds, Series 2008-C1, 5.800%, 7/01/23
|
|
|
|
5,410
|
|
Total Long-Term Care
|
|
|
5,444,049
|
|
|
Materials – 0.2% (0.2% of Total Investments)
|
|
|
|
230
|
|
Jefferson County Industrial Development Agency, New York, Solid Waste Disposal Revenue Bonds,
|
12/13 at 100.00
|
BBB
|
237,139
|
|
|
International Paper Company Project, Series 2003A, 5.200%, 12/01/20 (Alternative Minimum Tax)
|
|
|
|
|
|
Tax Obligation/General – 13.2% (9.0% of Total Investments)
|
|
|
|
4,540
|
|
New York City, New York, General Obligation Bonds, Fiscal 2007 Series D-1,
|
12/17 at 100.00
|
AA
|
5,337,224
|
|
|
5.125%, 12/01/25 (UB)
|
|
|
|
1,000
|
|
New York City, New York, General Obligation Bonds, Fiscal 2012 Series F, 5.000%, 8/01/31
|
2/22 at 100.00
|
AA
|
1,177,540
|
45
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 1998H, 5.375%, 8/01/27 –
|
3/13 at 100.00
|
AA
|
45,165
|
|
|
NPFG Insured
|
|
|
|
2,000
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 2005F-1, 5.000%, 9/01/19 –
|
9/15 at 100.00
|
AA
|
2,226,900
|
|
|
SYNCORA GTY Insured
|
|
|
|
2,600
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 2006J-1, 5.000%, 6/01/25 (UB)
|
6/16 at 100.00
|
AA
|
2,930,122
|
750
|
|
New York City, New York, General Obligation Bonds, Series 2004C-1, 5.250%, 8/15/16 (UB)
|
8/14 at 100.00
|
AA
|
808,268
|
835
|
|
New York City, New York, General Obligation Bonds, Subseries G-1 Fiscal Series 2012,
|
4/22 at 100.00
|
AA
|
990,861
|
|
|
5.000%, 4/01/29
|
|
|
|
11,770
|
|
Total Tax Obligation/General
|
|
|
13,516,080
|
|
|
Tax Obligation/Limited – 44.6% (30.3% of Total Investments)
|
|
|
|
1,000
|
|
Battery Park City Authority, New York, Lease Revenue Bonds, Senior Lien Series 2003A,
|
11/13 at 100.00
|
AAA
|
1,041,590
|
|
|
5.250%, 11/01/21
|
|
|
|
3,000
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, General
|
2/22 at 100.00
|
AAA
|
3,553,200
|
|
|
Purpose Series 2012D, 5.000%, 2/15/31
|
|
|
|
5
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
|
3/15 at 100.00
|
AAA
|
5,477
|
|
|
2005F, 5.000%, 3/15/21 – AGM Insured
|
|
|
|
2,000
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series
|
2/21 at 100.00
|
A
|
2,376,640
|
|
|
2011A, 5.750%, 2/15/47
|
|
|
|
5,000
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 5.000%, 2/15/47
|
2/17 at 100.00
|
A
|
5,289,700
|
560
|
|
Monroe Newpower Corporation, New York, Power Facilities Revenue Bonds, Series 2003,
|
7/13 at 102.00
|
BBB
|
566,720
|
|
|
5.500%, 1/01/34
|
|
|
|
1,425
|
|
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local
|
10/14 at 100.00
|
AAA
|
1,525,676
|
|
|
Government Assistance Corporation, Series 2004A, 5.000%, 10/15/26 – AGM Insured
|
|
|
|
|
|
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local
|
|
|
|
|
|
Government Assistance Corporation, Series 2004A:
|
|
|
|
1,140
|
|
5.000%, 10/15/25 – NPFG Insured (UB) (4)
|
10/14 at 100.00
|
AAA
|
1,227,199
|
835
|
|
5.000%, 10/15/26 – NPFG Insured (UB) (4)
|
10/14 at 100.00
|
AAA
|
893,993
|
750
|
|
5.000%, 10/15/29 – AMBAC Insured (UB) (4)
|
10/14 at 100.00
|
AAA
|
801,465
|
1,300
|
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal
|
1/17 at 100.00
|
AA–
|
1,457,196
|
|
|
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:
|
|
|
|
680
|
|
5.000%, 2/01/35
|
2/22 at 100.00
|
AAA
|
793,594
|
835
|
|
5.000%, 2/01/37
|
2/22 at 100.00
|
AAA
|
965,101
|
15
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
2/13 at 100.00
|
AAA
|
15,057
|
|
|
Series 2003E, 5.000%, 2/01/23 – FGIC Insured
|
|
|
|
1,200
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
5/17 at 100.00
|
AAA
|
1,362,144
|
|
|
Series 2007B, 5.000%, 11/01/30
|
|
|
|
1,460
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
11/17 at 100.00
|
AAA
|
1,703,513
|
|
|
Series 2007C-1, 5.000%, 11/01/27
|
|
|
|
3,775
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Revenue Bonds,
|
5/20 at 100.00
|
AAA
|
4,482,058
|
|
|
Refunding Subordinate Lien Series 2010D, 5.000%, 11/01/25
|
|
|
|
1,000
|
|
New York City, New York, Educational Construction Fund, Revenue Bonds, Series 2011A,
|
4/21 at 100.00
|
AA–
|
1,193,560
|
|
|
5.750%, 4/01/41
|
|
|
|
1,000
|
|
New York State Environmental Facilities Corporation, Infrastructure Revenue Bonds, Series
|
3/14 at 100.00
|
AA–
|
1,047,190
|
|
|
2003A, 5.000%, 3/15/21
|
|
|
|
2,020
|
|
New York State Environmental Facilities Corporation, State Personal Income Tax Revenue Bonds,
|
12/17 at 100.00
|
AAA
|
2,322,758
|
|
|
Series 2008A, 5.000%, 12/15/27 (UB)
|
|
|
|
840
|
|
New York State Housing Finance Agency, State Personal Income Tax Revenue Bonds, Economic
|
9/15 at 100.00
|
AAA
|
916,356
|
|
|
Development and Housing, Series 2006A, 5.000%, 3/15/36
|
|
|
|
1,125
|
|
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2007,
|
10/17 at 100.00
|
AA
|
1,274,333
|
|
|
5.000%, 4/01/27
|
|
|
|
2,300
|
|
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2005B, 5.500%,
|
No Opt. Call
|
AA
|
2,928,820
|
|
|
4/01/20, AMBAC Insured (UB) (4)
|
|
|
|
2,100
|
|
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
|
6/13 at 100.00
|
AA–
|
2,140,866
|
|
|
State Contingency Contract-Backed Bonds, Series 2003A-1, 5.250%, 6/01/22 – AMBAC Insured
|
|
|
|
1,000
|
|
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
|
6/13 at 100.00
|
AA–
|
1,020,670
|
|
|
State Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21
|
|
|
|
3,500
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/29 at 100.00
|
A+
|
2,935,415
|
|
|
2010A, 0.000%, 8/01/33
|
|
|
|
8,000
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Senior Series 2011C,
|
No Opt. Call
|
AA–
|
1,821,360
|
|
|
0.000%, 8/01/39
|
|
|
|
47,865
|
|
Total Tax Obligation/Limited
|
|
|
45,661,651
|
|
|
Transportation – 20.1% (13.7% of Total Investments)
|
|
|
|
2,500
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2007B,
|
11/17 at 100.00
|
A
|
2,790,800
|
|
|
5.000%, 11/15/33
|
|
|
|
1,000
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2010D,
|
11/20 at 100.00
|
A
|
1,108,560
|
|
|
5.000%, 11/15/34
|
|
|
|
1,250
|
|
New York City Industrial Development Agency, New York, American Airlines-JFK International
|
8/16 at 101.00
|
N/R
|
1,431,613
|
|
|
Airport Special Facility Revenue Bonds, Series 2005, 7.750%, 8/01/31 (Alternative Minimum Tax)
|
|
|
|
1,500
|
|
New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bronx
|
10/17 at 102.00
|
N/R
|
676,635
|
|
|
Parking Development Company, LLC Project, Series 2007, 5.875%, 10/01/46
|
|
|
|
50
|
|
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds,
|
3/13 at 100.00
|
BB
|
50,003
|
|
|
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
|
8/13 at 100.50
|
N/R
|
1,159,990
|
|
|
Airport – American Airlines Inc., Series 2002B, 8.500%, 8/01/28 (Alternative Minimum Tax)
|
|
|
|
650
|
|
New York City Industrial Development Agency, New York, Special Facilities Revenue Bonds,
|
1/16 at 100.00
|
A3
|
694,460
|
|
|
Terminal One Group JFK Project, Series 2005, 5.500%, 1/01/24 (Alternative Minimum Tax)
|
|
|
|
|
|
New York City Industrial Development Agency, New York, Special Facility Revenue Bonds, JetBlue
|
|
|
|
|
|
Airways Corporation Project, Series 2006:
|
|
|
|
45
|
|
5.000%, 5/15/20 (Alternative Minimum Tax)
|
3/13 at 100.00
|
B–
|
44,888
|
750
|
|
5.125%, 5/15/30 (Alternative Minimum Tax)
|
3/13 at 100.00
|
B–
|
740,198
|
585
|
|
New York Liberty Development Corporation, Liberty Revenue Bonds, 4 World Trade Center Project,
|
11/21 at 100.00
|
A+
|
657,341
|
|
|
Series 2011, 5.000%, 11/15/44
|
|
|
|
300
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 –
|
7/15 at 100.00
|
AA–
|
326,250
|
|
|
AGM Insured (UB)
|
|
|
|
3,400
|
|
Niagara Frontier Airport Authority, New York, Airport Revenue Bonds, Buffalo Niagara
|
4/13 at 100.00
|
BBB
|
3,438,556
|
|
|
International Airport, Series 1999A, 5.625%, 4/01/29 – NPFG Insured (Alternative Minimum Tax)
|
|
|
|
|
|
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
|
AA–
|
1,089,770
|
280
|
|
5.000%, 12/01/31 – SYNCORA GTY Insured
|
6/15 at 101.00
|
AA–
|
303,321
|
310
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty
|
8/17 at 100.00
|
AA–
|
448,669
|
|
|
Eighth Series 2008, Trust 2920, 17.424%, 8/15/32 – AGM Insured (IF)
|
|
|
|
2,000
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Sixty Sixth
|
1/21 at 100.00
|
AA–
|
2,266,260
|
|
|
Series 2011, 5.000%, 1/15/41
|
|
|
|
|
|
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air
|
|
|
|
|
|
Terminal LLC Project, Eighth Series 2010:
|
|
|
|
210
|
|
6.500%, 12/01/28
|
12/15 at 100.00
|
BBB–
|
233,388
|
1,030
|
|
6.000%, 12/01/36
|
12/20 at 100.00
|
BBB–
|
1,227,080
|
780
|
|
Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue
|
No Opt. Call
|
A+
|
995,865
|
|
|
Refunding Bonds, Series 2002E, 5.500%, 11/15/20 – NPFG Insured
|
|
|
|
750
|
|
Triborough Bridge and Tunnel Authority, New York, Subordinate Lien General Purpose Revenue
|
No Opt. Call
|
AA–
|
956,655
|
|
|
Refunding Bonds, Tender Option Bond Trust 1184, 9.295%, 5/15/16 (IF)
|
|
|
|
19,390
|
|
Total Transportation
|
|
|
20,640,302
|
|
|
U.S. Guaranteed – 0.6% (0.4% of Total Investments) (5)
|
|
|
|
120
|
|
Dormitory Authority of the State of New York, State Personal Income Tax Revenue Bonds, Series
|
3/15 at 100.00
|
AA– (5)
|
132,016
|
|
|
2005F, 5.000%, 3/15/21 (Pre-refunded 3/15/15) – AGM Insured
|
|
|
|
485
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,
|
11/12 at 100.00
|
A (5)
|
486,945
|
|
|
Series, 2002A, 5.000%, 11/15/25 (Pre-refunded 11/15/12) – FGIC Insured
|
|
|
|
605
|
|
Total U.S. Guaranteed
|
|
|
618,961
|
|
|
Utilities – 9.0% (6.1% of Total Investments)
|
|
|
|
75
|
|
Guam Power Authority, Revenue Bonds, Series 2012A, 5.000%, 10/01/34
|
10/22 at 100.00
|
BBB
|
83,657
|
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:
|
|
|
|
1,700
|
|
5.000%, 12/01/23 – FGIC Insured
|
6/16 at 100.00
|
A
|
1,888,052
|
1,700
|
|
5.000%, 12/01/24 – FGIC Insured
|
6/16 at 100.00
|
A
|
1,881,490
|
250
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006B,
|
6/16 at 100.00
|
A
|
272,577
|
|
|
5.000%, 12/01/35 – CIFG Insured
|
|
|
|
|
|
Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A:
|
|
|
|
1,000
|
|
5.000%, 5/01/36 – AGM Insured
|
5/21 at 100.00
|
AA–
|
1,131,100
|
1,000
|
|
5.000%, 5/01/38
|
5/21 at 100.00
|
A
|
1,119,450
|
900
|
|
Nassau County Industrial Development Authority, New York, Keyspan Glenwood Energy Project,
|
6/13 at 100.00
|
A–
|
913,851
|
|
|
Series 2003, 5.250%, 6/01/27 (Alternative Minimum Tax)
|
|
|
|
840
|
|
Niagara Area Development Corporation, New York, Solid Waste Disposal Facility Revenue
|
No Opt. Call
|
BB+
|
858,984
|
|
|
Refunding Bonds, Covanta Energy Project, Series 2012A, 5.250%, 11/01/42
|
|
|
|
|
|
Suffolk County Industrial Development Agency, New York, Revenue Bonds, Nissequogue
|
|
|
|
|
|
Cogeneration Partners Facility, Series 1998:
|
|
|
|
330
|
|
5.300%, 1/01/13 (Alternative Minimum Tax)
|
No Opt. Call
|
N/R
|
330,000
|
750
|
|
5.500%, 1/01/23 (Alternative Minimum Tax)
|
3/13 at 100.00
|
N/R
|
750,000
|
8,545
|
|
Total Utilities
|
|
|
9,229,161
|
|
|
Water and Sewer – 6.4% (4.4% of Total Investments)
|
|
|
|
820
|
|
Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2010,
|
7/20 at 100.00
|
Ba2
|
864,829
|
|
|
5.625%, 7/01/40
|
|
|
|
4,875
|
|
New York State Environmental Facilities Corporation, State Clean Water and Drinking Water
|
6/21 at 100.00
|
AAA
|
5,695,463
|
|
|
Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Projects,
|
|
|
|
|
|
Second Resolution Series 2011B, 5.000%, 6/15/41
|
|
|
|
5,695
|
|
Total Water and Sewer
|
|
|
6,560,292
|
$ 144,565
|
|
Total Investments (cost $140,217,505) – 146.9%
|
|
|
150,514,206
|
|
|
Floating Rate Obligations – (11.9)%
|
|
|
(12,150,000)
|
|
|
MuniFund Term Preferred Shares, at Liquidation Value – (37.0)% (6)
|
|
|
(37,890,000)
|
|
|
Other Assets Less Liabilities – 2.0%
|
|
|
1,986,958
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 102,461,164
|