N-Q
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-06153
Integrity Managed Portfolios
(Exact name of registrant as specified in charter)
1 Main Street North, Minot, ND |
| 58703 |
(Address of principal offices) |
| (Zip code) |
Brent Wheeler and/or Kevin Flagstad, PO Box 500, Minot, ND 58702
(Name and address of agent for service)
Registrant's telephone number, including area code: 701-852-5292
Date of fiscal year end: July 31
Date of reporting period: April 30, 2010
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. SCHEDULE OF INVESTMENTS
KANSAS MUNICIPAL FUND |
|
|
|
|
Schedule of Investments April 30, 2010 |
|
|
|
|
|
| Principal Amount |
| Market Value |
MUNICIPAL BONDS (96.3%) |
|
|
|
|
|
|
|
|
|
Education (7.7%) | ||||
Hutchinson, KS Community College 5.000% 10/01/25 | $ | 350,000 | $ | 359,278 |
Hutchinson, KS Community College 5.250% 10/01/30 |
| 300,000 |
| 306,114 |
Hutchinson, KS Community College 5.250% 10/01/33 |
| 450,000 |
| 457,987 |
KS Dev. Fin. Auth. Sales Tax Rev. K-St-Olathe Innovation-L1 5.000% 09/01/39 |
| 200,000 |
| 207,852 |
KS St Dev Fin Auth Lease Rev Univ Kansas Tenant 5.000% 06/15/39 |
| 1,000,000 |
| 1,013,840 |
KS Devl. Finance Auth. Rev. (Univ. KS Research Cent.) 5.000% 02/01/26 |
| 500,000 |
| 517,630 |
Washburn Univ. (Living Learning Ctr.) Bldg. Rev. 5.000% 07/01/19 |
| 700,000 |
| 750,379 |
|
|
|
| 3,613,080 |
General Obligation (27.0%) | ||||
Cowley Cnty., KS USD #465 (Winfield) 5.250% 10/01/14 |
| 250,000 |
| 284,260 |
Dickinson Cnty, KS USD #473 5.000% 09/01/27 |
| 325,000 |
| 355,745 |
Dodge, KS School District #443 5.000% 09/01/11 |
| 1,000,000 |
| 1,045,320 |
Douglas Cty., KS Sales Tax Ref. 5.000% 08/01/19 |
| 1,000,000 |
| 1,069,170 |
Douglas Cnty, KS Uni Sch Dist 491 Eudora Sch Bldg 5.125% 09/01/29 |
| 250,000 |
| 259,275 |
Harvey Cty., KS USD #373 (Newton) 5.000% 09/01/23 |
| 200,000 |
| 216,898 |
Harvey Cty., KS USD #373 (Newton) 5.000% 09/01/25 |
| 1,000,000 |
| 1,069,010 |
*Johnson Cty., KS USD #231 Gardner-Edgerton 5.000% 10/01/24 |
| 1,135,000 |
| 1,162,331 |
Johnson Cty., KS USD #232 (Desoto) 5.250% 09/01/23 |
| 500,000 |
| 542,055 |
Junction City, KS Ref & Impt 5.000% 9/1/25 |
| 250,000 |
| 260,948 |
Junction City, KS Unlimited GO 4.100% 09/01/20 |
| 100,000 |
| 104,009 |
Junction City, KS Unlimited GO 4.250% 09/01/21 |
| 100,000 |
| 104,222 |
Junction City, KS Unlimited GO 4.400% 09/01/22 |
| 100,000 |
| 105,316 |
Lawrence, KS (Unlimited Tax) Refunding G.O. 5.375% 09/01/20 |
| 500,000 |
| 506,680 |
Leavenworth Cnty., KS USD #453 GO Improvement & Refunding 5.125% 03/01/29 |
| 1,000,000 |
| 1,071,820 |
Manhattan, KS General Obligation 5.000% 11/01/28 |
| 130,000 |
| 141,538 |
Montgomery County, KS USD #446 5.000% 09/01/33 |
| 250,000 |
| 261,160 |
Newton, KS Unlimited G.O. 4.750% 09/01/29 |
| 435,000 |
| 454,318 |
Park City, KS 6.000% 12/01/29 |
| 500,000 |
| 553,535 |
Park City, KS General Obligation Ref & Impr. 5.375% 12/01/25 |
| 250,000 |
| 251,023 |
Reno Cty., KS USD #308 Hutchinson 4.500% 09/01/23 |
| 500,000 |
| 525,900 |
Salina, KS (General Obligation) 4.625% 10/1/27 |
| 200,000 |
| 208,164 |
Sedgwick Cty., KS Uni Sch Dist #262 5.000% 09/01/28 |
| 500,000 |
| 531,590 |
Shawnee Cty., KS G.O. 5.000% 09/01/16 |
| 655,000 |
| 742,698 |
Topeka, KS G.O. 5.000% 08/15/21 |
| 400,000 |
| 405,880 |
Wyandotte Cnty., KS General Obligation 5.000% 08/01/27 |
| 500,000 |
| 534,090 |
|
|
|
| 12,766,955 |
Health Care (18.9%) | ||||
KS Devl. Fin. Auth. Sisters of Charity Leavenworth 5.125% 12/01/18 |
| 100,000 |
| 100,019 |
KS ST Dev Fin Auth. Hosp. Rev. Adventist Health 5.150% 11/15/23 |
| 250,000 |
| 263,613 |
KS St Dev Fin Auth Rev Adventist Health 5.250% 11/15/24 |
| 250,000 |
| 260,795 |
KS St Dev Fin Auth Hosp Rev Adventist Health 5.500% 11/15/29 |
| 100,000 |
| 102,591 |
KS St Dev Fin Auth. Adventist Health 5.750% 11/15/34 |
| 250,000 |
| 255,633 |
KS Devl. Finance Auth. (Sisters of Charity) Hlth. Rev. 6.125% 12/01/20 |
| 1,000,000 |
| 1,013,130 |
KS Devl. Finance Auth. (Hays Medical Center) 5.000% 11/15/22 |
| 500,000 |
| 516,980 |
KS Devlop. Fin. Auth Stormont-Vail Healthcare 5.125% 11/15/36 |
| 500,000 |
| 508,100 |
*KS Devl. Finance Auth. (Stormont Vail) Hlth. Care Rev. - Unrefunded 5.375% 11/15/24 |
| 1,365,000 |
| 1,377,845 |
Lawrence, KS (Memorial Hospital) Rev. 5.125% 07/01/26 |
| 500,000 |
| 505,315 |
Lawrence, KS (Memorial Hospital) Rev. 5.125% 07/01/36 |
| 300,000 |
| 286,800 |
Manhattan, KS Hosp. Rev. Mercy Health Center 5.500% 08/15/20 |
| 250,000 |
| 252,787 |
Olathe, KS (Medl. Ctr.) Hlth. Facs. Rev. 5.500% 09/01/25 |
| 235,000 |
| 235,891 |
Olathe, KS (Medl. Ctr.) Hlth. Facs. Rev. 5.500% 09/01/30 |
| 500,000 |
| 501,105 |
Olathe, Health Fac Rev (Med Center) 5.000% 9/1/29 |
| 500,000 |
| 493,450 |
Sedgwick Cty., KS Health Care Rev. (Catholic Care Center) 5.000% 08/01/25 |
| 1,000,000 |
| 1,001,740 |
University KS Hosp Auth. (KU Health) 5.000% 09/01/26 |
| 100,000 |
| 101,056 |
Wichita, KS (Via Christi Health System) Rev. 5.625% 11/15/31 |
| 1,100,000 |
| 1,113,057 |
|
|
|
| 8,889,907 |
Housing (5.1%) | ||||
Kansas City, KS Mrtge. Rev. 5.900% 11/01/27 |
| 200,000 |
| 200,002 |
*Olathe, KS Multifamily Hsg. (Bristol Pointe) Rev. Ref. 5.700% 11/01/27 |
| 2,210,000 |
| 2,210,022 |
|
|
|
| 2,410,024 |
Other Revenue (12.9%) | ||||
Butler Cnty., KS Public Bldg. 5.550% 10/01/21 |
| 300,000 |
| 305,121 |
Coffeyville, KS Pub. Bldg. (Coffeyville Medl. Center) Rev. 5.000% 08/01/22 |
| 250,000 |
| 255,602 |
Dodge City, KS Sales Tax Rev 5.250% 06/01/31 |
| 1,000,000 |
| 1,061,250 |
KS St Dev Fin Auth Lease Rev (Juvenile Justice) 5.250% 05/01/13 |
| 570,000 |
| 594,459 |
*KS Devl. Finance Auth. Rev. (KS St. Projects) 5.000% 05/01/26 |
| 1,335,000 |
| 1,409,840 |
KS St Dev Fin Auth Rev State of KS Projects 5.000% 11/01/34 |
| 500,000 |
| 524,875 |
KS Devl. Finance Auth. Rev. (Dept. Admin.) 5.000% 11/01/25 |
| 250,000 |
| 266,990 |
KS Devl. Finance Auth. Rev. (KS St. Projects) 5.250% 11/01/25 |
| 250,000 |
| 273,980 |
KS Devl. Finance Auth. Rev. (Athletic Facs. University of KS) 5.000% 06/01/33 |
| 250,000 |
| 256,510 |
KS Devl. Finance Auth. Rev. (KS St. Projects) 5.000% 5/1/35 |
| 250,000 |
| 261,050 |
Lincoln Cnty., KS Public Bldg (Lincoln County Hosp) 5.000% 03/01/28 |
| 125,000 |
| 137,595 |
Manhattan, KS Sales Tax Rev. Downtown Redevelopment 5.250% 12/01/26 |
| 250,000 |
| 252,407 |
Manhattan, KS Spl Oblig Rev North Proj Area - Downtown A 5.000% 12/01/26 |
| 500,000 |
| 502,590 |
|
|
|
| 6,102,269 |
Prerefunded (0.8%) | ||||
KS St Dev Fin Auth Lease Rev (Dept of Admin Cap Rest) 5.375% 10/01/20 |
| 370,000 |
| 377,751 |
|
|
|
|
|
Transportation (6.2%) | ||||
Kansas Dept. Transportation Highway Rev. 5.000% 03/01/23 |
| 250,000 |
| 265,045 |
KS Devl. Finance Auth. (KS St. Project) Rev. 5.000% 10/01/17 |
| 130,000 |
| 138,065 |
KS Devl. Finance Auth. (KS St. Projects) Rev. 5.000% 10/1/17 |
| 120,000 |
| 124,884 |
KS Devl. Finance Auth. Rev. (Road Revolving Fund) 4.625% 10/01/26 |
| 250,000 |
| 265,225 |
KS Turnpike Auth. Rev. 5.250% 09/01/21 |
| 500,000 |
| 526,010 |
KS Turnpike Auth. Rev. 5.000% 09/01/24 |
| 330,000 |
| 340,718 |
KS Turnpike Auth. Rev. 5.000% 09/01/25 |
| 750,000 |
| 772,320 |
Overland Park, KS Trans. Devl. Dist., Sales Tax Rev. Oak Park Mall 5.200% 04/01/20 |
| 500,000 |
| 504,660 |
|
|
|
| 2,936,927 |
Utilities (17.7%) | ||||
Burlington, KS PCR (Gas & Elec.) 5.300% 06/01/31 |
| 1,000,000 |
| 1,002,800 |
Burlington, KS PCR (Gas & Elec.) 4.850% 06/01/31 |
| 500,000 |
| 502,025 |
KS Devl. Finance Auth. (Water Pollution Control) Rev. 5.250% 05/01/11 |
| 250,000 |
| 250,000 |
KS Devl. Finance Auth. (Water Pollution Control) Rev. 5.250% 11/01/22 |
| 1,000,000 |
| 1,051,510 |
KS Devl. Finance Auth. (Water Pollution Control) 5.000% 11/01/23 |
| 1,000,000 |
| 1,037,830 |
*KS Devl. Finance Auth. Rev. (Water Pollution) 5.000% 11/01/28 |
| 250,000 |
| 259,500 |
Puerto Rico Electric Power Auth. Power Rev. 5.250% 07/01/26 |
| 750,000 |
| 781,035 |
Wamego, KS PCR (Kansas Gas & Electric Project) 5.300% 06/01/31 |
| 750,000 |
| 757,868 |
Wichita, KS Water & Sewer Util. Rev. 5.250% 10/01/18 |
| 1,465,000 |
| 1,572,824 |
Wichita, KS Water & Sewer Util. Rev. 5.000% 10/01/28 |
| 500,000 |
| 511,650 |
Wichita, KS Water & Sewer Rev. 5.000% 10/01/23 |
| 100,000 |
| 109,213 |
Wyandotte Cnty/Kansas City, KS Govt Utilitiy Sys Rev. 5.000% 09/01/29 |
| 500,000 |
| 541,135 |
|
|
|
| 8,377,390 |
|
|
|
|
|
TOTAL MUNICIPAL BONDS (COST: $44,193,170) |
|
| $ | 45,474,303 |
|
|
|
|
|
SHORT-TERM SECURITIES (3.7%) |
| Shares |
|
|
Wells Fargo Advantage National Tax-Free Money Market 0.1293% (COST: $1,730,420) |
| 1,730,420 | $ | 1,730,420 |
|
|
|
|
|
TOTAL INVESTMENTS IN SECURITIES (COST: $45,923,590) |
|
| $ | 47,204,723 |
OTHER ASSETS LESS LIABILITIES |
|
|
| 35,452 |
|
|
|
|
|
NET ASSETS |
|
| $ | 47,240,175 |
|
|
|
|
|
* Indicates bonds are segregated by the custodian to cover when-issued or delayed-delivery purchases. |
KANSAS INSURED INTERMEDIATE FUND | ||||
Schedule of Investments April 30, 2010 |
|
|
|
|
|
| Principal Amount |
| Market Value |
MUNICIPAL BONDS (96.6%) |
|
|
|
|
|
|
|
|
|
Education (2.7%) |
|
|
|
|
Johnson Cty., KS Community College Student Commons & Parking 5.000% 11/15/19 | $ | 235,000 | $ | 245,645 |
Washburn Univ. (Living Learning Ctr.) Bldg. Rev. 5.000% 07/01/19 |
| 255,000 |
| 273,352 |
|
|
|
| 518,997 |
General Obligation (54.9%) |
|
|
|
|
Butler Cnty., KS USD #402 5.250% 9/1/21 |
| 560,000 |
| 617,512 |
*Butler Cnty, KS USD #385 5.000% 09/01/18 |
| 500,000 |
| 561,335 |
Cowley Cnty., KS USD #470 4.750% 9/1/2023 |
| 100,000 |
| 106,678 |
Cowley Cnty., KS USD #465 (Winfield) 5.250% 10/01/14 |
| 140,000 |
| 159,186 |
Crawford Cnty., KS School Distist 5.000% 09/01/20 |
| 300,000 |
| 336,882 |
Dickinson Cnty, KS USD #473 4.500% 09/01/22 |
| 215,000 |
| 232,340 |
Douglas Cnty, KS USD #491 Eudora Schools 5.500% 9/1/24 |
| 250,000 |
| 275,660 |
Douglas Cnty, KS Uni Sch Dist 491 Eudora Sch Bldg 5.000% 09/01/23 |
| 375,000 |
| 403,747 |
Douglas County, KS USD #491 Eudora 4.000% 9/1/22 |
| 250,000 |
| 245,917 |
Douglas Cnty, KS USD #491 Eudora 5.500% 9/1/29 |
| 500,000 |
| 543,080 |
Ford Cnty., KS Sales Tax - Ser A 4.500% 09/01/24 |
| 500,000 |
| 525,940 |
Harvey Cty., KS USD #373 (Newton) 4.000% 09/01/18 |
| 250,000 |
| 259,993 |
Johnson Cty., KS USD #232 (Desoto) 5.000% 09/01/15 |
| 100,000 |
| 114,794 |
Junction City., KS Unlimited GO 4.500% 09/01/23 |
| 100,000 |
| 103,725 |
Leavenworth Cnty., KS USD #453 GO Improvement & Refunding 5.250% 03/01/24 |
| 200,000 |
| 220,012 |
Leavenworth Cnty., KS USD #453 4.750% 03/01/25 |
| 250,000 |
| 264,338 |
Leavenworth Cnty., KS USD #453 4.750% 09/01/25 |
| 300,000 |
| 316,968 |
Leavenworth Cnty., KS USD #458 4.500% 09/01/28 |
| 250,000 |
| 253,513 |
Leoti, KS USD #467 5.000% 10/01/18 |
| 100,000 |
| 112,441 |
Miami Cnty KS USD #416 Louisberg Schools 4.000% 9/1/13 |
| 50,000 |
| 52,960 |
Montgomery County, KS USM #445 5.000% 04/01/21 |
| 100,000 |
| 104,788 |
Montgomery County, KS USD #446 4.000% 09/01/19 |
| 150,000 |
| 155,988 |
Morton Cty., KS USD #217 4.000% 09/01/10 |
| 100,000 |
| 99,968 |
Neosho County, KS USD #413 5.000% 9/1/20 |
| 345,000 |
| 366,487 |
Newton, KS Unlimited G.O. 5.000% 09/01/21 |
| 100,000 |
| 111,094 |
Olathe, Kansas General Obligation 4.000% 10/01/19 |
| 100,000 |
| 105,302 |
Park City, KS 5.100% 12/01/20 |
| 200,000 |
| 221,562 |
Park City, KS 5.500% 12/01/24 |
| 100,000 |
| 112,123 |
Puerto Rico Commonwealth Public Improvement 5.500% 07/01/21 |
| 500,000 |
| 528,390 |
Saline Cty., KS USD #305 (Salina) G.O. Ref. 5.500% 09/01/15 |
| 190,000 |
| 202,130 |
Sedgwick Cnty KS, USD #262 5.000% 9/1/24 |
| 250,000 |
| 270,010 |
Sedgwick Cty., KS UNI School Dist. #262 5.000% 09/01/18 |
| 100,000 |
| 114,646 |
Sedgwick Cty., KS USD #265 (Goddard) 4.250% 10/01/20 |
| 250,000 |
| 257,483 |
Sedgwick Cty., KS USD #265 (Goddard) 4.500% 10/01/26 |
| 250,000 |
| 263,543 |
Sedgwick Cty., KS USD #266 Maize School 5.250% 09/01/20 |
| 360,000 |
| 408,524 |
Shawnee Cty., KS USD #437 (Auburn-Washburn) G.O. Ref. 5.000% 09/01/14 |
| 485,000 |
| 509,517 |
Wichita, KS GO 4.500% 09/01/22 |
| 150,000 |
| 159,282 |
Wichita, KS GO 4.750% 09/01/27 |
| 180,000 |
| 189,531 |
Wyandotte Cnty/Kansas Unified Gvt Unltd GO 5.000% 8/1/19 |
| 150,000 |
| 161,761 |
Wyandotte Cnty, KS. GO 5.000% 8/1/25 |
| 250,000 |
| 271,318 |
Wyandotte Cnty KS USD #203 4.250% 9/1/26 |
| 125,000 |
| 126,354 |
Wyandotte Cnty., KS USD #500 G.O. 5.250% 09/01/13 |
| 250,000 |
| 283,117 |
|
|
|
| 10,729,939 |
Health Care (5.8%) |
|
|
|
|
*KS Devl. Finance Auth. (Stormont Vail) Hlth. Care Rev. 5.750% 11/15/12 |
| 595,000 |
| 633,669 |
Manhattan, KS Hosp. Rev. Mercy Health Center 5.500% 08/15/20 |
| 500,000 |
| 505,575 |
|
|
|
| 1,139,244 |
Housing (8.3%) |
|
|
|
|
KS Devl. Finance Auth. (Sec. 8) Rev. Ref. 6.400% 01/01/24 |
| 255,000 |
| 255,043 |
*Mission, KS Multifamily Hsg. (Lamar Place) Rev. 5.000% 10/01/14 |
| 475,000 |
| 475,066 |
Mission, KS Multifamily Hsg. (Lamar Place) Rev. 5.180% 10/01/23 |
| 445,000 |
| 445,187 |
Olathe, KS Multifamily Hsg. (Bristol Pointe) Rev. Ref. 5.250% 11/01/12 |
| 310,000 |
| 310,003 |
*Shawnee, KS Multifamily Hsg. (Thomasbrooks Apts.) Rev. 5.250% 10/01/14 |
| 140,000 |
| 140,046 |
|
|
|
| 1,625,345 |
Other Revenue (13.5%) |
|
|
|
|
Dodge City KS Sales Tax Rev 4.500% 6/1/28 |
| 100,000 |
| 100,093 |
Dodge City, KS Sales Tax Rev 5.000% 06/01/21 |
| 310,000 |
| 338,653 |
Dodge City, KS Sales Tax Rev 4.400% 06/01/25 |
| 350,000 |
| 360,920 |
KS Devl Fin. Auth. Kansas Projects 5.250% 10/01/22 |
| 100,000 |
| 107,182 |
KS Devl. Finance Auth. (KS St. Project) Rev. 5.000% 10/01/17 |
| 135,000 |
| 143,375 |
KS Devl. Finance Auth. (KS St. Projects) Rev. 5.000% 10/1/17 |
| 115,000 |
| 119,680 |
KS Devl. Finance Auth. Rev. (KS St. Projects) 4.100% 05/01/2019 |
| 250,000 |
| 261,220 |
KS Devl. Finance Auth. Rev. (KS St. Projects) 5.250% 11/01/25 |
| 100,000 |
| 109,592 |
Lincoln Cnty., KS Public Bldg (Lincoln County Hosp) 5.000% 03/01/28 |
| 125,000 |
| 137,595 |
Neosho County, KS Sales Tax Rev 4.000% 10/01/23 |
| 500,000 |
| 501,015 |
Sumner Cnty., KS Sales Tax Rev. 5.000% 10/01/14 |
| 400,000 |
| 453,000 |
|
|
|
| 2,632,325 |
Prerefunded (4.3%) |
|
|
|
|
*Chisholm Creek Util. Auth. (Bel Aire & Park City, KS Pj.) 5.250% 09/01/16 |
| 770,000 |
| 834,464 |
|
|
|
|
|
Transportation (1.5%) |
|
|
|
|
KS Turnpike Auth. Rev. 5.000% 09/01/24 |
| 200,000 |
| 206,496 |
KS Turnpike Auth. Rev. 5.000% 09/01/25 |
| 75,000 |
| 77,232 |
|
|
|
| 283,728 |
Utilities (5.6%) |
|
|
|
|
Burlington, KS PCR (Gas & Elec.) 5.300% 06/01/31 |
| 190,000 |
| 190,532 |
Kansas City, KS Util. Syst. Ref. & Impvt. 6.300% 09/01/16 |
| 45,000 |
| 44,978 |
Puerto Rico Electric Rev. 5.250% 07/01/25 |
| 250,000 |
| 263,290 |
Topeka, KS Utilities Rev 4.250% 08/01/21 |
| 150,000 |
| 151,740 |
Wichita, KS Water & Sewer Rev. 5.000% 10/01/23 |
| 200,000 |
| 218,426 |
Wyandotte Cnty/Kansas City, KS Govt Utilitiy Sys Rev. 5.000% 09/01/24 |
| 200,000 |
| 224,450 |
|
|
|
| 1,093,416 |
|
|
|
|
|
TOTAL MUNICIPAL BONDS (COST: $18,337,024) |
|
| $ | 18,857,458 |
|
|
|
|
|
SHORT-TERM SECURITIES (3.0%) |
| Shares |
|
|
Wells Fargo Advantage National Tax-Free Money Market 0.1293% (COST: $584,210) |
| 584,210 | $ | 584,210 |
|
|
|
|
|
TOTAL INVESTMENTS IN SECURITIES (COST: $18,921,234) |
|
| $ | 19,441,668 |
OTHER ASSETS LESS LIABILITIES |
|
|
| 84,213 |
|
|
|
|
|
NET ASSETS |
|
| $ | 19,525,881 |
|
|
|
|
|
* Indicates bonds are segregated by the custodian to cover when-issued or delayed-delivery purchases. |
NEBRASKA MUNICIPAL FUND | ||||
Schedule of Investments April 30, 2010 |
|
|
|
|
|
| Principal Amount |
| Market Value |
MUNICIPAL BONDS (97.3%) |
|
|
|
|
|
|
|
|
|
Education (19.0%) |
|
|
|
|
Metropolitan Community College South Omaha Bldg. Proj. 4.500% 3/1/26 | $ | 1,000,000 | $ | 1,023,760 |
NE Educ. Finance Auth. (Wesleyan Univ.) Rev. 5.500% 04/01/27 |
| 1,000,000 |
| 1,007,070 |
University of NE Fac. Corp. Deferred Maintenance 5.000% 07/15/20 |
| 500,000 |
| 537,890 |
University NE, University Revs. Kearney Studend Fees & Facs. 5.000% 07/01/35 |
| 600,000 |
| 621,708 |
Univ. of NE Board of Regents Student Facs. 5.000% 05/15/32 |
| 250,000 |
| 261,278 |
Univ. of NE Board of Regents (Heath & Rec. Proj.) 5.000% 05/15/33 |
| 600,000 |
| 630,720 |
University NE University Rev. Lincoln Student Fee 4.000% 07/01/24 |
| 250,000 |
| 253,763 |
Univ. of NE (U. of NE - Lincoln Student Fees) Rev. 5.125% 07/01/32 |
| 250,000 |
| 255,788 |
University of NE University Rev. Lincoln Student Facs. 5.000% 07/01/28 |
| 250,000 |
| 257,892 |
University of Puerto Rico 5.000% 06/01/17 |
| 1,250,000 |
| 1,259,962 |
|
|
|
| 6,109,831 |
General Obligation (35.1%) |
|
|
|
|
Dawson Cnty, NE SID #1 G.O. Ref (IBP, Inc. Proj.) 5.650% 02/01/22 |
| 700,000 |
| 609,931 |
*Dodge Cty., NE SD #001 (Fremont Public Schools) 5.500% 12/15/20 |
| 1,000,000 |
| 1,032,060 |
Douglas Cty., NE G.O. 4.750% 12/01/25 |
| 250,000 |
| 250,870 |
Douglas Cty., NE SID #397 (Linden Estates II) 5.600% 04/01/23 |
| 500,000 |
| 500,435 |
Douglas Cty., NE SD #010 (Elkhorn Pub. Schools) G.O. 4.500% 12/15/23 |
| 250,000 |
| 252,645 |
Douglas Cty., NE SD #010 (Elkhorn Public Schools) 4.500% 12/15/26 |
| 500,000 |
| 508,525 |
Douglas County, NE School Dist. #59 4.550% 12/15/32 |
| 635,000 |
| 639,121 |
Douglas Cnty School Dist #59 Bennington Public Schools 4.000% 12/15/28 |
| 250,000 |
| 241,690 |
Hall Cty., NE School Dist. #2 Grand Island 5.000% 12/15/23 |
| 500,000 |
| 544,635 |
Knox County School Dist #0583 Verdigre Schools 4.500% 12/15/29 |
| 250,000 |
| 250,078 |
Lancaster Cty., NE School Dist. #1 (Lincoln Public Schools) 5.250% 01/15/21 |
| 500,000 |
| 511,035 |
Lancaster Cty., NE School Dist. #1 (Lincoln Public Schools) G.O. 5.250% 01/15/22 |
| 500,000 |
| 524,240 |
Lancaster Cnty School Dist #160 Norris Schools 4.250% 12/15/2025 |
| 400,000 |
| 401,984 |
Lincoln-Lancaster County Neb. Pub. Bldg. Lease Rev. 4.000% 10/15/30 |
| 100,000 |
| 98,447 |
Madison County School Di st #2 (Norfolk) 5.000% 12/15/25 |
| 1,545,000 |
| 1,637,916 |
Omaha, NE Various Purpose 5.000% 05/01/22 |
| 250,000 |
| 263,665 |
Omaha, NE Various Purpose 4.250% 10/15/26 |
| 500,000 |
| 516,630 |
Omaha, NE Unlimited GO 5.000% 10/15/25 |
| 250,000 |
| 277,490 |
Papillion, NE G.O. 4.350% 12/15/27 |
| 250,000 |
| 251,787 |
Sarpy Count School Dist.#27 Papillion-LA Vista GO 5.000% 12/01/28 |
| 250,000 |
| 265,267 |
Puerto Rico Commonwealth Public Improvement 5.500% 07/01/21 |
| 500,000 |
| 528,390 |
Saunders Cty., NE G.O. 5.000% 11/1/30 |
| 250,000 |
| 251,430 |
Saunders Cty., NE G.O. 4.250% 12/15/21 |
| 515,000 |
| 522,122 |
Scotts Bluff Cnty NE Sch Dist #32 GO Building Bonds 4.300% 12/15/29 |
| 440,000 |
| 441,426 |
|
|
|
| 11,321,819 |
Health Care (14.7%) |
|
|
|
|
Adams Cnty, NE Hosp Auth #1 Hosp Rev (Mary Lanning Memorial Hosp.) 5.300% 12/15/18 |
| 250,000 |
| 250,107 |
Adams Cnty, NE Hosp Auth #1 Hosp Rev (Mary Lanning Memorial Hosp.) 5.250% 12/15/33 |
| 250,000 |
| 239,780 |
Douglas Cty., NE Hosp. Auth. #001 (Alegent Hlth - Immanuel Med. Ctr.) Rev. 5.250% 09/01/21 |
| 250,000 |
| 242,367 |
Douglas Cty., NE Hosp. Auth. #002 (Nebraska Medical Center) 5.000% 11/15/16 |
| 250,000 |
| 268,620 |
Douglas Cty., NE (Catholic Health Corp.) Rev. 5.375% 11/15/15 |
| 160,000 |
| 160,054 |
Douglas County, NE Hosp. Methodist Health 5.500% 11/01/38 |
| 500,000 |
| 490,475 |
Douglas Cty, NE Hosp. Methodist Health 5.500% 11/01/38 |
| 250,000 |
| 254,500 |
*Lancaster Cty., NE Hosp. Auth. #1 (BryanLGH Medical Center Project) 4.750% 06/01/21 |
| 1,000,000 |
| 974,910 |
Douglas County NE, Hosp. Auth. #1 Immanuel Oblig. Group 5.500% 01/01/30 |
| 250,000 |
| 248,983 |
NE Invmt. Finance Auth. (Great Plains Regional Medical Center) Rev. 5.450% 11/15/22 |
| 750,000 |
| 763,530 |
Platte Cty., NE Hosp. Auth. No. 1 (Columbus Community Hospital Proj.) Hosp. Rev. 5.650% 05/01/12 |
| 100,000 |
| 101,012 |
Platte Cty., NE Hosp. Auth. No. 1 (Columbus Community Hospital Proj.) Hosp. Rev. 6.150% 05/01/30 |
| 250,000 |
| 252,515 |
Sarpy Cnty NE Hosp. Auth #1 Immanuel Oblig. Group 5.500% 01/01/30 |
| 500,000 |
| 497,965 |
|
|
|
| 4,744,818 |
Housing (0.4%) |
|
|
|
|
NE Invmt. Finance Auth. Multifamily Hsg. Rev. 6.200% 06/01/28 |
| 135,000 |
| 135,030 |
|
|
|
|
|
Other Revenue (4.0%) |
|
|
|
|
*Omaha, NE (Riverfront Project) Special Obligation 5.500% 02/01/29 |
| 1,000,000 |
| 1,030,280 |
Puerto Rico Sales Tax Financing First Sub-SER A 5.000% 08/01/24 |
| 250,000 |
| 256,307 |
|
|
|
| 1,286,587 |
Utilities (24.1%) |
|
|
|
|
Cornhusker Public Power Dist. Electric Rev. 4.650% 07/01/29 |
| 250,000 |
| 252,912 |
Dawson Cty. Public Power Electric Sys. Rev. 4.750% 12/01/32 |
| 250,000 |
| 251,540 |
Fremont, NE Combined Utilities Rev. 5.000% 10/15/21 |
| 500,000 |
| 510,840 |
*Lincoln, NE Elec. Syst. Rev. 5.000% 09/01/21 |
| 1,000,000 |
| 1,041,300 |
Lincoln, NE San. Swr. Rev. 4.500% 6/15/29 |
| 250,000 |
| 253,528 |
Lincoln, NE Water Rev. 5.000% 08/15/22 |
| 575,000 |
| 594,113 |
Lincoln, NE Water Rev. 4.000% 08/15/25 |
| 250,000 |
| 256,965 |
Lincoln, NE Water Rev. 4.500% 08/15/34 |
| 250,000 |
| 257,673 |
Municipal Energy Agy of NE Power Supply Rev. 5.125% 04/01/24 |
| 195,000 |
| 211,717 |
Omaha, NE Metropolitan Utility Water Dist. Rev 4.375% 12/01/26 |
| 400,000 |
| 409,368 |
Omaha Public Power Electric Rev. 5.250% 02/01/23 |
| 250,000 |
| 274,698 |
Omaha, NE Public Power Electric Rev. 5.000% 02/01/34 |
| 1,000,000 |
| 1,023,260 |
Omaha, NE Public Power Dist. Elec. Syst. Rev. 6.200% 02/01/17 |
| 650,000 |
| 767,397 |
Omaha, NE Public Power Dist. (Electric Rev) 4.750% 02/01/25 |
| 250,000 |
| 264,938 |
Omaha, NE Public Power Dist. (Electric Rev) 4.300% 02/01/31 |
| 100,000 |
| 97,281 |
Public Power Generation Agy Whelan Energy Rev 5.000% 01/01/32 |
| 500,000 |
| 508,375 |
Public Power Generation Agy. Whelan Energy Center 5.000% 01/01/27 |
| 250,000 |
| 264,893 |
Puerto Rico Electric Rev. 5.250% 07/01/25 |
| 250,000 |
| 263,290 |
Southern Public Power Dist. 5.000% 12/15/23 |
| 250,000 |
| 267,697 |
|
|
|
| 7,771,785 |
|
|
|
|
|
TOTAL MUNICIPAL BONDS (COST: $30,836,402) |
|
| $ | 31,369,870 |
|
|
|
|
|
SHORT-TERM SECURITIES (0.6%) |
| Shares |
|
|
Wells Fargo Advantage National Tax-Free Money Market 0.1293% (COST: $203,358) |
| 203,358 | $ | 203,358 |
|
|
|
|
|
TOTAL INVESTMENTS IN SECURITIES (COST: $31,039,760) |
|
| $ | 31,573,228 |
OTHER ASSETS LESS LIABILITIES |
|
|
| 656,249 |
|
|
|
|
|
NET ASSETS |
|
| $ | 32,229,477 |
|
|
|
|
|
* Indicates bonds are segregated by the custodian to cover when-issued or delayed-delivery purchases. |
OKLAHOMA MUNICIPAL FUND | ||||
Schedule of Investments April 30, 2010 |
|
|
|
|
|
| Principal Amount |
| Market Value |
MUNICIPAL BONDS (97.0%) |
|
|
|
|
|
|
|
|
|
Education (34.0%) | ||||
Claremore, OK Student Hsg. Rev. (Rogers University) 5.750% 09/01/34 | $ | 500,000 | $ | 423,125 |
Edmond Economic Dev. Auth., OK Student Housing Rev. 5.375% 12/01/19 |
| 200,000 |
| 195,210 |
Edmond Economic Dev. Auth., OK Student Housing Rev. 5.500% 12/01/28 |
| 865,000 |
| 777,263 |
McClain Cnty, OK Econ Dev Auth Ed Lease Rev (Purcell Schs) 4.250% 09/01/20 |
| 585,000 |
| 604,428 |
OK Agric. & Mech. Colleges (OK St. Univ.) Athletic Facs. 5.000% 08/01/24 |
| 150,000 |
| 150,075 |
OK Colleges Board of Regents (NE State Univ. Ctr.) Rev. 5.100% 03/01/16 |
| 140,000 |
| 140,053 |
OK Colleges Board of Regents (NE State Univ. Ctr.) Rev. 5.150% 03/01/21 |
| 100,000 |
| 100,042 |
OK Board of Regents (Univ. of Central OK) 5.600% 08/01/20 |
| 150,000 |
| 154,414 |
OK Board of Regents (Univ. of Central OK) 5.700% 08/01/25 |
| 390,000 |
| 399,941 |
Ok Devl. Finance Auth Lease Rev Master St Higher Ed 4.400% 12/1/29 |
| 250,000 |
| 249,822 |
OK Devl. Finance Auth. (OK State Syst. Higher Ed.) 4.900% 12/01/22 |
| 200,000 |
| 206,846 |
OK Devl. Finance Auth. OK State Higher Ed (Master Lease) 4.500% 06/01/26 |
| 250,000 |
| 259,877 |
OK Devl. Finance Auth. (Seminole State College) 5.125% 12/01/27 |
| 150,000 |
| 155,468 |
OK Devl. Finance Auth. (Langston Univ. Stadium) 5.000% 07/01/27 |
| 250,000 |
| 259,755 |
OK Capital Impvt. Auth. (Higher Ed. Project) Rev. 5.000% 07/01/22 |
| 500,000 |
| 528,490 |
OK Capital Impvt. Auth. (Higher Ed. Project) 5.000% 07/01/24 |
| 250,000 |
| 262,110 |
*OK Capital Impvt. Auth. (Higher Ed. Project) Rev. 5.000% 07/01/30 |
| 1,000,000 |
| 1,032,150 |
Rural Enterprises, OK Inc Okmulgee Student Hsg Proj Ser A 5.625% 12/01/20 |
| 140,000 |
| 129,381 |
Rural Enterprises, OK Inc Okmulgee Student Hsg Proj Ser A 5.700% 12/01/25 |
| 220,000 |
| 194,836 |
Rural Enterprises, OK Inc Okmulgee Student Hsg Proj 5.750% 12/01/30 |
| 250,000 |
| 209,553 |
Rural Enterprises, OK Inc. Student Hsg. (Connors College) 5.550% 11/01/21 |
| 250,000 |
| 228,223 |
Rural Enterprises, OK Inc. Student Hsg. (Connors College) 5.650% 11/01/31 |
| 375,000 |
| 318,780 |
Rural Enterprises, OK Inc. USAOF Student Housing 5.550% 11/01/21 |
| 250,000 |
| 224,875 |
Rural Enterprises, OK Inc. USAOF Student Housing 5.650% 11/01/31 |
| 250,000 |
| 213,010 |
Texas Cty., OK Dev. Auth. (OPSU Student Hsg.) 5.250% 11/01/23 |
| 250,000 |
| 206,548 |
University of OK Board of Regents (Research Fac.) Rev. 4.800% 03/01/28 |
| 670,000 |
| 686,033 |
University of OK Board of Regents (Multi Facs.) Rev. 4.750% 06/01/29 |
| 250,000 |
| 255,065 |
OK Board of Regents (Univ. of OK) 4.125% 07/01/26 |
| 250,000 |
| 253,410 |
Board of Regents (OK Univ. Science Center) 5.000% 7/1/36 |
| 1,000,000 |
| 1,044,110 |
University of OK Board of Regents Student Hsg. Rev. 5.000% 11/01/27 |
| 1,000,000 |
| 1,017,270 |
University of OK Student Hsg. (Cameron Univ.) Rev. 5.500% 07/01/23 |
| 250,000 |
| 269,595 |
University of Puerto Rico 5.000% 06/01/17 |
| 750,000 |
| 755,977 |
|
|
|
| 11,905,735 |
General Obligation (2.5%) |
|
|
|
|
Oklahoma City, OK 4.250% 03/01/22 |
| 110,000 |
| 113,347 |
Tulsa, OK General Obligation 4.500% 03/01/23 |
| 700,000 |
| 733,138 |
|
|
|
| 846,485 |
Health Care (4.1%) |
|
|
|
|
Norman, OK (Regl. Hospital) Auth. 5.250% 09/01/16 |
| 180,000 |
| 178,673 |
OK Devl. Finance Auth. (St. John Health Syst.) Rev. Ref. - Unrefunded 5.750% 02/15/25 |
| 125,000 |
| 125,057 |
OK Devl. Finance Auth. (St. John Health Syst.) Rev. Ref. - Unrefunded 6.000% 02/15/29 |
| 100,000 |
| 100,029 |
OK Devl. Finance Auth. (St. John Health Syst.) 5.750% 02/15/25 |
| 50,000 |
| 50,023 |
OK Devl. Finance Auth. (St. Ann's Retirement Village) Rev. 5.000% 12/01/28 |
| 500,000 |
| 500,055 |
Rural Enterprises, OK Inc. OK Govt. Fin. (Cleveland Cty. Hlth.) 5.000% 11/01/21 |
| 250,000 |
| 260,095 |
Tulsa County Ind. Auth. Health Fac. 4.600% 02/01/35 |
| 250,000 |
| 250,128 |
|
|
|
| 1,464,060 |
Housing (5.1%) |
|
|
|
|
OK Housing Finance Agency Single Family Homeownership 5.250% 09/01/21 |
| 60,000 |
| 60,156 |
OK Housing Finance Agency Single Family Homeownership 5.850% 09/01/20 |
| 10,000 |
| 10,040 |
*Oklahoma Housing Finance 5.050% 09/01/23 |
| 775,000 |
| 776,728 |
Oklahoma Housing Finance 5.150% 09/01/29 |
| 390,000 |
| 385,414 |
Oklahoma Housing Finance 5.200% 09/01/32 |
| 390,000 |
| 381,572 |
Oklahoma Housing Fin. Agy. Single Family Mtg. Rev 5.100% 03/01/17 |
| 85,000 |
| 85,811 |
Oklahoma Housing Fin. Agy. Single Family Mtg. Rev. 5.100% 09/01/17 |
| 85,000 |
| 86,187 |
|
|
|
| 1,785,908 |
Other Revenue (17.3%) |
|
|
|
|
Collinsville OK Mun Auth Sales Tax Rev 5.000% 3/1/35 |
| 275,000 |
| 275,440 |
Collinsville OK Mun Auth Sales Tax Rev 5.000% 3/1/40 |
| 250,000 |
| 249,983 |
Durant, OK Community Fac. Auth. Sales Tax Rev. 5.500% 11/01/19 |
| 500,000 |
| 538,080 |
Garfield Cty., Criminal Justice Auth. (Enid, OK) Rev. 4.500% 04/01/18 |
| 250,000 |
| 252,452 |
Oklahoma City, OK Public Auth. (OKC Fairgrounds Fac.) 5.500% 10/01/19 |
| 250,000 |
| 277,382 |
OK Devl. Finance Auth. (DHS Lease Rev.) Series 2000A 5.600% 03/01/15 |
| 280,000 |
| 281,305 |
OK Devl. Finance Auth. (Lease Rev.) Law Enforcement 5.100% 06/01/27 |
| 120,000 |
| 123,104 |
OK Devl. Finance Auth. OK Dept. of Corrections (McLoud Fac.) 4.600% 04/01/22 |
| 250,000 |
| 256,912 |
OK Devl. Finance Auth. OK Dept. of Corrections (McLoud Fac.) 4.650% 04/01/23 |
| 250,000 |
| 256,140 |
OK Capital Impvt. Auth. (Supreme Court Proj.) 4.500% 07/01/26 |
| 500,000 |
| 512,875 |
OK Capital Impvt. Auth. (OK St. Bureau of Investigation) 4.375% 07/01/22 |
| 100,000 |
| 104,332 |
OK Capital Impvt. Auth. (OK St. Bureau of Investigation) 4.375% 07/01/23 |
| 100,000 |
| 103,613 |
OK Capital Impvt. Auth. (OK St. Bureau of Investigation) 4.500% 07/01/24 |
| 200,000 |
| 209,154 |
OK State Student Loan Auth. 6.350% 09/01/25 |
| 280,000 |
| 298,805 |
*OK State Student Loan Auth. 5.625% 06/01/31 |
| 685,000 |
| 678,417 |
OK State Student Loan Auth. 5.300% 12/01/32 |
| 450,000 |
| 419,081 |
Pawnee Cnty OK Pub Programs Auth Sales Tax Rev 4.875% 2/1/30 |
| 250,000 |
| 251,475 |
Tulsa Cty, OK Indl. Auth. Recreation Facs. 4.700% 09/01/24 |
| 500,000 |
| 510,675 |
Tulsa Oklahoma Pub. Facs. Auth. 4.750% 11/15/37 |
| 500,000 |
| 473,540 |
|
|
|
| 6,072,765 |
Prerefunded (0.1%) |
|
|
|
|
OK Transportation Auth. Turnpike Sys. Rev. - Prerefunded 5.000% 01/01/21 |
| 10,000 |
| 10,719 |
|
|
|
|
|
Transportation (6.2%) |
|
|
|
|
Oklahoma City Airport Trust Jr. Lien Refunding Series B. 5.000% 07/01/19 |
| 250,000 |
| 275,130 |
Oklahoma City Airport Trust Jr. Lien Refunding Series B 5.000% 07/01/21 |
| 250,000 |
| 272,010 |
OK Capital Impvt. Auth. (State Highway) Rev. 5.000% 06/01/14 |
| 250,000 |
| 279,885 |
OK Capital Impvt. Auth. (State Highway) Rev. 4.000% 07/01/18 |
| 250,000 |
| 263,340 |
OK Transportation Auth. Turnpike Sys. Rev. - Unrefunded 5.000% 01/01/21 |
| 90,000 |
| 92,950 |
Tulsa, OK Arpts Impt Tr Gen Rev Ref 5.000% 6/1/19 |
| 125,000 |
| 125,810 |
Tulsa, OK Arpts Impt Tr Gen Rev Ref 5.000% 6/1/19 |
| 125,000 |
| 125,810 |
Tulsa, OK Arpts Impt Tr Gen Rev Ref 5.750% 6/1/31 |
| 500,000 |
| 500,370 |
Tulsa, OK Arpts Impt Tr Gen Rev Ref 6.000% 6/1/23 |
| 250,000 |
| 247,600 |
|
|
|
| 2,182,905 |
Utilities (27.7%) |
|
|
|
|
*Drumright, OK Utility Sys. Rev. 4.750% 02/01/36 |
| 950,000 |
| 936,729 |
Edmond, OK Pub Wks Auth Util Rev 4.850% 01/01/24 |
| 155,000 |
| 162,393 |
Edmond, OK Pub Wks Auth Util Rev 4.750% 07/01/24 |
| 250,000 |
| 260,520 |
Edmond, OK Pub Wks Auth Sales Tax & Util Sys Rev 4.750% 07/01/23 |
| 200,000 |
| 207,104 |
Jenks Aquarium Auth. Rev. 5.250% 07/01/29 |
| 500,000 |
| 519,420 |
McAlester, OK Public Works Auth. 5.100% 02/01/30 |
| 100,000 |
| 103,436 |
Midwest City, OK Capital Impvt. 5.375% 09/01/24 |
| 500,000 |
| 514,980 |
Oklahoma City, OK Water Utility Trust (Water & Sewer) Rev. 5.000% 07/01/29 |
| 425,000 |
| 441,643 |
Oklahoma City, OK Water Utility Rev. 5.000% 07/01/34 |
| 250,000 |
| 256,168 |
Oklahoma City, OK Water Utility Trust (Water & Sewer) Rev. 4.000% 07/01/34 |
| 250,000 |
| 238,962 |
*OK Municipal Power Auth. Rev. 5.750% 01/01/24 |
| 2,230,000 |
| 2,530,849 |
*OK Municipal Power Auth. Power Supply Rev. 4.500% 01/01/47 |
| 600,000 |
| 558,324 |
*OK State Water (Loan Program) Rev. 5.100% 09/01/16 |
| 40,000 |
| 40,015 |
Okmulgee Public Works Auth. Capital Improvement Rev. 5.125% 08/01/30 |
| 750,000 |
| 800,678 |
Okmulgee Public Works Auth. Capital Improvement Rev. 4.800% 10/01/27 |
| 500,000 |
| 534,480 |
Puerto Rico Electric Power Auth. Power Rev. 5.250% 07/01/26 |
| 500,000 |
| 520,690 |
Sallisaw, OK Mun Auth Util Sys Rev Ref 4.450% 1/1/28 |
| 100,000 |
| 97,443 |
Sapulpa Municipal Authority Utility Rev. 5.125% 01/01/32 |
| 250,000 |
| 256,348 |
Tulsa Metropolitan Util. Auth. Utility Revs 4.250% 05/01/26 |
| 100,000 |
| 101,941 |
Tulsa Metropolitan Util. Auth. Utility Revs 4.500% 05/01/27 |
| 610,000 |
| 625,848 |
|
|
|
| 9,707,971 |
|
|
|
|
|
TOTAL MUNICIPAL BONDS (COST: $33,793,570) |
|
| $ | 33,976,548 |
|
|
|
|
|
SHORT-TERM SECURITIES (0.3%) |
| Shares |
|
|
Wells Fargo Advantage National Tax-Free Money Market 0.1293% (COST: $895,556) |
| 895,556 | $ | 895,556 |
|
|
|
|
|
TOTAL INVESTMENTS IN SECURITIES (COST: $34,689,126) |
|
| $ | 34,872,104 |
OTHER ASSETS LESS LIABILITIES |
|
|
| 170,275 |
|
|
|
|
|
NET ASSETS |
|
| $ | 35,042,379 |
|
|
|
|
|
* Indicates bonds are segregated by the custodian to cover when-issued or delayed-delivery purchases. |
MAINE MUNICIPAL FUND |
|
|
|
|
Schedule of Investments April 30, 2010 |
|
|
|
|
|
| Principal Amount |
| Market Value |
MUNICIPAL BONDS (98.5%) |
|
|
|
|
|
|
|
|
|
Education (12.8%) |
|
|
|
|
Maine Educational Loan Auth. Student Loan Rev. 5.875% 12/01/39 | $ | 250,000 | $ | 276,260 |
Maine Health & Higher Educ. Facs. Ser A-Bowdoin College 5.125% 07/01/39 |
| 465,000 |
| 490,184 |
Maine Health & Higher Edl. Facs. Auth. Rev. 5.000% 07/01/32 |
| 30,000 |
| 30,448 |
Maine Health & Higher Edl Facsauth Rev Unrefunded Bal 5.000% 07/01/23 |
| 135,000 |
| 144,414 |
University of Maine System Rev. 4.625% 03/01/29 |
| 100,000 |
| 99,473 |
University of Maine System Rev. 4.75% 3/1/2037 |
| 550,000 |
| 557,067 |
University of Puerto Rico 5.000% 06/01/17 |
| 500,000 |
| 503,985 |
|
|
|
| 2,101,831 |
General Obligation (28.5%) |
|
|
|
|
Bangor, ME 4.000% 09/01/24 |
| 155,000 |
| 161,160 |
Brewer, ME GO 4.600% 11/01/17 |
| 210,000 |
| 218,709 |
Freeport, ME GO 7.250% 09/01/10 |
| 20,000 |
| 20,454 |
Gorham, ME Unlimited Tax G.O. 4.300% 02/01/23 |
| 155,000 |
| 164,303 |
Gorham, ME Unlimited Tax G.O. 4.350% 02/01/24 |
| 155,000 |
| 164,151 |
Gray, ME Unlimited GO 4.000% 10/15/26 |
| 280,000 |
| 290,119 |
Gray, ME Unlimited GO 4.000% 10/15/27 |
| 280,000 |
| 287,851 |
Lewiston, ME G.O. 5.000% 04/01/22 |
| 500,000 |
| 528,120 |
Lewiston, ME G.O. 5.000% 04/01/24 |
| 250,000 |
| 265,182 |
Lewiston, ME G.O. 4.50% 1/15/25 |
| 200,000 |
| 207,752 |
Maine State (Highway) 5.000% 06/15/11 |
| 200,000 |
| 210,040 |
Portland, ME 4.250% 05/01/29 |
| 250,000 |
| 256,777 |
City of Portland, ME 4.125% 10/01/29 |
| 100,000 |
| 100,852 |
Scarborough, ME G.O. 4.400% 11/01/31 |
| 250,000 |
| 252,863 |
Scarborough, ME G.O. 4.400% 11/01/32 |
| 480,000 |
| 484,435 |
Maine School Adminstrative Dist #51 Unlimited GO 4.100% 10/15/19 |
| 100,000 |
| 103,128 |
Maine School Adminstrative Dist # 51 General Obligation 4.250% 10/15/29 |
| 250,000 |
| 255,917 |
Westbrook, ME G.O. 4.250% 10/15/20 |
| 180,000 |
| 189,301 |
*Yarmouth, ME 5.000% 11/15/19 |
| 500,000 |
| 534,885 |
|
|
|
| 4,695,999 |
Health Care (13.9%) |
|
|
|
|
*Maine Health & Higher Educ. Facs. Auth. (Blue Hill Mem. Hosp) 5.250% 07/01/10 |
| 410,000 |
| 410,377 |
Maine Health & Higher Educ. Facs. Auth. 6.000% 10/01/13 |
| 195,000 |
| 218,613 |
Maine Health & Higher Educ. Facs. Rev. 5.000% 7/1/22 |
| 250,000 |
| 267,927 |
Maine Health & Higher Educ. Auth. (Maine Maritime Academy) 5.000% 07/01/25 |
| 340,000 |
| 354,865 |
Maine Health & Higher Ed. Facsauth Rev 5.000% 07/01/39 |
| 510,000 |
| 515,197 |
Maine Health & Higher Ed Fac Auth Rev 5.000 % 07/01/20 |
| 250,000 |
| 276,645 |
Maine Health & Higher Ed Fac Auth Rev 5.000 % 07/01/40 |
| 250,000 |
| 250,377 |
|
|
|
| 2,294,001 |
Housing (3.7%) |
|
|
|
|
Guam Hsg. Corp. Single Family Mtg. 5.750% 09/01/31 |
| 10,000 |
| 10,280 |
Maine State Hsg. Auth. 5.000% 11/15/29 |
| 350,000 |
| 355,750 |
Maine State Hsg. Auth. 4.700% 11/15/27 |
| 250,000 |
| 246,760 |
|
|
|
| 612,790 |
Other Revenue (9.2%) |
|
|
|
|
Maine Governmental Facs. Auth Lease 5.375% 10/01/16 |
| 250,000 |
| 262,100 |
Maine Governmental Facs. Auth Lease Rent Rev. 5.000% 10/01/23 |
| 125,000 |
| 130,852 |
Maine Municipal Bond Bank (Sewer & Water) Rev. 4.900% 11/01/24 |
| 100,000 |
| 105,454 |
*Puerto Rico Public Finance Corp. Commonwealth Appropriations 5.375% 06/01/18 |
| 710,000 |
| 817,842 |
Puerto Rico Sales Tax Fin. Corp. Sales Tax Rev. 5.000% 08/01/26 |
| 200,000 |
| 201,402 |
|
|
|
| 1,517,650 |
Prerefunded (3.1%) |
|
|
|
|
Maine State Turnpike Auth. Rev. 5.750% 07/01/28 |
| 500,000 |
| 508,495 |
|
|
|
|
|
Transportation (15.7%) |
|
|
|
|
Maine Municipal Bond Bank Transportation Infustructure Rev 5.000% 09/01/24 |
| 1,000,000 |
| 1,102,050 |
Maine State Turnpike Auth. 5.000% 07/01/33 |
| 450,000 |
| 459,391 |
*Maine ST. Turnpike Auth. Rev. 5.125% 07/01/30 |
| 500,000 |
| 511,960 |
Portland, ME Airport Rev 5.000% 07/01/32 |
| 500,000 |
| 505,560 |
|
|
|
| 2,578,961 |
Utilities (11.6%) |
|
|
|
|
Kennebunk, ME Power & Light Dist. 5.000% 08/01/22 |
| 500,000 |
| 540,155 |
Portland, ME Water District Rev 4.250% 11/01/27 |
| 500,000 |
| 507,055 |
Puerto Rico Elec. Power Auth. Power Rev. 5.000% 07/01/23 |
| 100,000 |
| 100,747 |
Puerto Rico Electric Power Auth. Power Rev. 5.250% 07/01/26 |
| 250,000 |
| 260,345 |
Virgin Islands Water & Power Auth. Elec. Syst. Rev. 5.300% 07/01/21 |
| 500,000 |
| 500,920 |
|
|
|
| 1,909,222 |
|
|
|
|
|
TOTAL MUNICIPAL BONDS (COST: $15,778,953) |
|
| $ | 16,218,949 |
|
|
|
|
|
SHORT-TERM SECURITIES (0.6%) |
| Shares |
|
|
Wells Fargo Advantage National Tax-Free Money Market 0.1293% (COST: $94,408) |
| 94,408 | $ | 94,408 |
|
|
|
|
|
TOTAL INVESTMENTS IN SECURITIES (COST: $15,873,361) |
|
| $ | 16,313,357 |
OTHER ASSETS LESS LIABILITIES |
|
|
| 156,486 |
|
|
|
|
|
NET ASSETS |
|
| $ | 16,469,843 |
|
|
|
|
|
*Indicates bonds are segregated by the custodian to cover when-issued or delayed delivery purchases. |
NEW HAMPSHIRE MUNICIPAL FUND |
|
|
|
|
Schedule of Investments April 30, 2010 |
|
|
|
|
|
| Principal Amount |
| Market Value |
MUNICIPAL BONDS (97.9%) |
|
|
|
|
|
|
|
|
|
Education (6.3%) |
|
|
|
|
New Hampshire Hlth. & Educ. Facs. Auth. (Univ. Sys. of NH) 5.500% 07/01/13 | $ | 95,000 | $ | 101,398 |
University of Puerto Rico 5.000% 06/01/17 |
| 150,000 |
| 151,195 |
|
|
|
| 252,593 |
General Obligation (47.6%) |
|
|
|
|
Concord, NH G.O. 4.600% 10/15/14 |
| 100,000 |
| 105,130 |
*Derry, NH 4.800% 02/01/18 |
| 115,000 |
| 118,993 |
Gorham, NH G.O. 4.850% 04/01/14 |
| 65,000 |
| 65,339 |
*Hampton, NH G.O. 4.000% 12/15/20 |
| 200,000 |
| 205,350 |
Hillsborough, NH G.O. 4.000% 11/01/20 |
| 100,000 |
| 104,210 |
Hillsborough, NH G.O. 4.000% 11/01/21 |
| 100,000 |
| 103,747 |
Merrimack Cty., NH G.O. 4.250% 12/01/19 |
| 100,000 |
| 108,508 |
Merrimack Cty., NH G.O. 4.500% 12/01/27 |
| 100,000 |
| 105,335 |
New Hampshire Muni Bond Bank 2009 Series D 4.000% 07/15/25 |
| 175,000 |
| 183,141 |
*New Hampshire State Capital Improvement G.O. 5.000% 04/15/13 |
| 250,000 |
| 277,030 |
New Hampshire State Capital Improvement G.O. 4.750% 03/01/27 |
| 100,000 |
| 107,033 |
Portsmouth, NH G.O. 4.000% 08/01/19 |
| 100,000 |
| 105,032 |
*Rochester, NH G.O. 4.750% 07/15/20 |
| 300,000 |
| 319,572 |
|
|
|
| 1,908,420 |
Health Care (18.3%) |
|
|
|
|
New Hampshire Hlth. & Educ. Facs. Auth. (Exeter) 5.100% 10/01/10 |
| 100,000 |
| 101,681 |
New Hampshire Hlth. & Educ. Facs. Auth. (Exeter) 5.200% 10/01/11 |
| 60,000 |
| 62,927 |
*New Hampshire Hlth. & Educ. Facs. Auth. (Exeter) 5.500% 10/01/15 |
| 120,000 |
| 125,155 |
New Hampshire Hlth. & Educ. Facs. Auth. (Exeter) 5.625% 10/01/16 |
| 20,000 |
| 20,901 |
New Hampshire Health & Ed. Conway Hosp. 5.250% 6/1/16 |
| 100,000 |
| 101,424 |
New Hampshire Health & Ed. Facs. Auth Rev. Healthcare Sys-Covenant Hlth-B 5.000% 7/1/24 |
| 100,000 |
| 102,189 |
NH Health & Educ. Facs Auth Rev Dartmouth-Hitchcock 6.000% 08/01/33 |
| 115,000 |
| 118,702 |
New Hampshire Health & Educ Concord Hosp. 5.875% 10/01/16 |
| 100,000 |
| 100,085 |
|
|
|
| 733,064 |
Housing (8.9%) |
|
|
|
|
Guam Hsg. Corp. Single Family Mtg. 5.750% 09/01/31 |
| 10,000 |
| 10,277 |
New Hampshire State Hsg. Single Fam. Rev. 4.900% 7/1/25 |
| 100,000 |
| 97,914 |
New Hampshire State Hsg. Finance Auth. Single Family Mtg. Rev. 5.350% 07/01/40 |
| 100,000 |
| 99,399 |
New Hampshire State Hsg Finance Auth. Single Family Mtg. Rev. 4.625% 07/01/25 |
| 150,000 |
| 148,325 |
|
|
|
| 355,915 |
Other Revenue (3.8%) |
|
|
|
|
Puerto Rico Sales Tax Financing First Sub-SER A 5.000% 08/01/24 |
| 150,000 |
| 153,785 |
|
|
|
|
|
Transportation (2.6%) |
|
|
|
|
New Hampshire State Turnpike System 5.125% 10/01/19 |
| 100,000 |
| 104,203 |
|
|
|
|
|
Utilities (10.4%) |
|
|
|
|
Manchester, NH Water Rev. 5.000% 12/01/28 |
| 100,000 |
| 103,283 |
*Manchester, NH Water Works Rev. 5.000% 12/01/34 |
| 250,000 |
| 257,445 |
Puerto Rico Elec. Power Auth. Power Rev. 5.000% 07/01/23 |
| 55,000 |
| 55,411 |
|
|
|
| 416,139 |
|
|
|
|
|
TOTAL MUNICIPAL BONDS (COST: $3,804,151) |
|
| $ | 3,924,119 |
|
|
|
|
|
SHORT-TERM SECURITIES (1.3%) |
| Shares |
|
|
Wells Fargo Advantage National Tax-Free Money Market 0.1293% (Cost: $52,559) |
| 52,559 | $ | 52,559 |
|
|
|
|
|
TOTAL INVESTMENTS IN SECURITIES (COST: $3,856,710) |
|
| $ | 3,976,678 |
OTHER ASSETS MINUS LIABILITIES |
|
|
| 32,288 |
|
|
|
|
|
NET ASSETS |
|
| $ | 4,008,966 |
|
|
|
|
|
*Indicates bonds are segregated by the custodian to cover when-issued or delayed delivery purchases. |
NOTE: INVESTMENT IN SECURITIES | ||||||
At April 30, 2010, the net unrealized appreciation (depreciation) based on the cost of investments for federal income tax purposes was as follows: | ||||||
|
|
|
|
|
|
|
| Kansas Municipal Fund | Kansas Insured Intermediate Fund | Nebraska Municipal Fund | Oklahoma Municipal Fund | Maine Municipal Fund | New Hampshire Municipal Fund |
Investments at cost | $45,923,590 | $18,921,234 | $31,049,760 | $34,689,126 | $15,873,361 | $3,856,710 |
Unrealized appreciation | $1,314,051 | $562,018 | $714,634 | $727,318 | $471,641 | $123,619 |
Unrealized depreciation | $32,918 | $41,584 | $181,166 | $544,340 | $31,645 | $3,651 |
Net unrealized appreciation (depreciation)* | $1,281,133 | $520,434 | $533,468 | $182,978 | $439,996 | $119,968 |
|
|
|
|
|
|
|
*Differences between financial reporting-basis and tax-basis unrealized appreciation/(depreciation) are due to differing treatment of wash sales and market discount. |
NOTE: FAIR VALUE MEASUREMENTS | ||||
Various inputs are used in determining the value of the Funds' investments. These inputs are summarized in three broad levels: Level 1 inputs are based on quoted prices in active markets for identical securities. Level 2 inputs are based on significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) Level 3 inputs are based on significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments.) The following is a summary of the inputs used to value the Funds' investments as of April 30, 2010: | ||||
|
|
|
|
|
Kansas Municipal Fund |
|
|
| |
|
|
|
|
|
| Level 1 | Level 2 | Level 3 | Total |
Short Term Securities | $1,730,420 | $0 | $0 | $1,730,420 |
Municipal Bonds | 0 | 45,474,303 | 0 | 45,474,303 |
Total | $1,730,420 | $45,474,303 | $0 | $47,204,723 |
|
|
|
|
|
Kansas Insured Intermediate Fund |
|
|
| |
|
|
|
|
|
| Level 1 | Level 2 | Level 3 | Total |
Short Term Securities | $584,210 | $0 | $0 | $584,210 |
Municipal Bonds | 0 | 18,857,458 | 0 | 18,857,458 |
Total | $584,210 | $18,857,458 | $0 | $19,441,668 |
|
|
|
|
|
Nebraska Municipal Fund |
|
|
| |
|
|
|
|
|
| Level 1 | Level 2 | Level 3 | Total |
Short Term Securities | $208,358 | $0 | $0 | $208,358 |
Municipal Bonds | 0 | 31,369,870 | 0 | 31,369,870 |
Total | $208,358 | $31,369,870 | $0 | $31,578,228 |
|
|
|
|
|
Oklahoma Municipal Fund |
|
|
| |
|
|
|
|
|
| Level 1 | Level 2 | Level 3 | Total |
Short Term Securities | $895,556 | $0 | $0 | $895,556 |
Municipal Bonds | 0 | 33,976,548 | 0 | 33,976,548 |
Total | $895,556 | $33,976,548 | $0 | $34,872,104 |
|
|
|
|
|
Maine Municipal Fund |
|
|
| |
|
|
|
|
|
| Level 1 | Level 2 | Level 3 | Total |
Short Term Securities | $94,408 | $0 | $0 | $94,408 |
Municipal Bonds | 0 | 16,218,949 | 0 | 16,218,949 |
Total | $94,408 | $16,218,949 | $0 | $16,313,357 |
|
|
|
|
|
New Hampshire Municipal Fund |
|
|
| |
|
|
|
|
|
| Level 1 | Level 2 | Level 3 | Total |
Short Term Securities | $52,559 | $0 | $0 | $52,559 |
Municipal Bonds | 0 | 3,924,119 | 0 | 3,924,119 |
Total | $52,559 | $3,924,119 | $0 | $3,976,678 |
Item 2. CONTROLS AND PROCEDURES.
| (a) | The certifying officers, whose certifications are included herewith, have evaluated the registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this Form N-Q (the "Report"). The registrant's principal executive officer and principal financial officer believe that the disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) are adequately designed to ensure that material information relating to the registrant is made known to them by others, particularly during the period in which this report is being prepared, so that there is time to allow for decisions regarding required disclosure. Further, in their opinion, the registrant's disclosure controls and procedures are adequately designed, and are operating effectively, to ensure that information required to be disclosed by the registrant in the Report is recorded, processed, summarized and reported by the filing date. |
|
|
|
| (b) | There were no significant changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the registrant's most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting. |
Item 3. EXHIBITS.
| (a) | (1) | Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 is filed and attached hereto. |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Integrity Managed Portfolios
By: /s/ Shannon D. Radke
Shannon D. Radke
President
June 28, 2010
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: /s/ Shannon D. Radke
Shannon D. Radke
President
June 28, 2010
By: /s/ Adam Forthun
Adam Forthun
Treasurer
June 28, 2010