Scott C. Goebel, Secretary
245 Summer St.
Item 1. Reports to Stockholders
As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2013 to August 31, 2013).
The first line of the accompanying table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
The second line of the accompanying table provides information about hypothetical account values and hypothetical expenses based on the Fund's actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund's actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Yield refers to the income paid by the fund over a given period. Yields for money market funds are usually for seven-day periods, as they are here, though they are expressed as annual percentage rates. Past performance is no guarantee of future results. Yield will vary and it's possible to lose money by investing in the Fund. A portion of the Fund's expenses was reimbursed and/or waived. Absent such reimbursements and/or waivers the yield for the period ending August 31, 2013, the most recent period shown in the table, would have been -0.31%.
Variable Rate Demand Note - 53.7% |
| Principal Amount (000s) | | Value (000s) |
Alabama - 0.2% |
Alabama Pub. School & College Auth. Rev. Participating VRDN Series WF 11 37C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (b)(e) | $ 255 | | $ 255 |
Mobile Indl. Dev. Board Solid Waste Disp. Rev. (Alabama Pwr. Co. Barry Plant Proj.) Second Series 2009, 0.07% 9/3/13, VRDN (b) | 600 | | 600 |
Univ. of Alabama at Birmingham Hosp. Rev. Series 2012 C, 0.04% 9/6/13, LOC PNC Bank NA, VRDN (b) | 1,300 | | 1,300 |
| | 2,155 |
Alaska - 1.2% |
Anchorage Wastewtr. Rev. Participating VRDN Series Solar 07 97, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (b)(e) | 2,835 | | 2,835 |
Valdez Marine Term. Rev.: | | | |
(ConocoPhillips Proj.) Series 1994 A, 0.07% 9/6/13 (ConocoPhillips Guaranteed), VRDN (b) | 2,400 | | 2,400 |
(Phillips Trans. Alaska, Inc. Proj.) Series 1994 B, 0.08% 9/6/13 (ConocoPhillips Guaranteed), VRDN (b) | 6,600 | | 6,600 |
| | 11,835 |
Arizona - 3.5% |
Arizona Health Facilities Auth. Rev.: | | | |
(Banner Health Sys. Proj.): | | | |
Series 2008 F, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 2,840 | | 2,840 |
Series 2008 G, 0.07% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (b) | 1,000 | | 1,000 |
(Catholic Healthcare West Proj.): | | | |
Series 2005 B, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 600 | | 600 |
Series 2008 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 1,500 | | 1,500 |
Glendale Indl. Dev. Auth. (Midwestern Univ. Proj.) Series 2008, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 5,000 | | 5,000 |
Maricopa County Indl. Dev. Auth. Rev. (Valley of the Sun YMCA Proj.) Series 2008, 0.08% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (b) | 1,300 | | 1,300 |
Phoenix Indl. Dev. Auth. Multi-family Hsg. Rev. (Del Mar Terrace Apts. Proj.) Series 1999 A, 0.08% 9/6/13, LOC Freddie Mac, VRDN (b) | 10,500 | | 10,500 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Arizona - continued |
Salt River Proj. Agricultural Impt. & Pwr. District Elec. Sys. Rev. Participating VRDN: | | | |
Series Putters 3467, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | $ 2,115 | | $ 2,115 |
Series Putters 3708Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 5,875 | | 5,875 |
Tempe Indl. Dev. Auth. Rev. (ASUF Brickyard Proj.) Series 2004 A, 0.06% 9/6/13, LOC Bank of America NA, VRDN (b) | 3,500 | | 3,500 |
| | 34,230 |
California - 1.6% |
Bay Area Toll Auth. San Francisco Bay Toll Bridge Rev. Participating VRDN Series ROC II R 11453, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 1,800 | | 1,800 |
California Gen. Oblig. Series 2005 B1, 0.05% 9/6/13, LOC Bank of America NA, VRDN (b) | 4,600 | | 4,600 |
El Dorado Irrigation District Rev. Ctfs. of Prtn. Series 2008 A, 0.05% 9/6/13, LOC Citibank NA, VRDN (b) | 2,550 | | 2,550 |
Riverside Ctfs. of Prtn. (Riverside Renaissance Proj.) Series 2008, 0.08% 9/6/13, LOC Bank of America NA, VRDN (b) | 2,800 | | 2,800 |
San Diego County Wtr. Auth. Wtr. Rev. Participating VRDN Series WF 08 29C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (b)(e) | 1,085 | | 1,085 |
San Francisco City and County Fin. Corp. Lease Rev. (Moscone Ctr. Expansion Proj.) Series 2008-1, 0.07% 9/6/13, LOC Bank of America NA, VRDN (b) | 845 | | 845 |
Santa Clara County Fing. Auth. Lease Rev. (Multiple Facilities Proj.) Series 2008 M, 0.06% 9/6/13, LOC Bank of America NA, VRDN (b) | 1,470 | | 1,470 |
| | 15,150 |
Colorado - 2.0% |
Colorado Edl. & Cultural Facilities Auth. Rev. (Clyfford Still Museum Proj.) Series 2008, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (b) | 1,300 | | 1,300 |
Colorado Health Facilities Auth. Retirement Hsg. Rev. Participating VRDN Series Putters 1390, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 2,065 | | 2,065 |
Colorado Health Facilities Auth. Rev. (Boulder Cmnty. Hosp. Proj.) Series 2000, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 1,100 | | 1,100 |
Colorado Reg'l. Trans. District Sales Tax Rev. Participating VRDN: | | | |
Series EGL 07 0040, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 3,700 | | 3,700 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Colorado - continued |
Colorado Reg'l. Trans. District Sales Tax Rev. Participating VRDN: - continued | | | |
Series ROC II R 12312, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | $ 3,000 | | $ 3,000 |
Mesa County Econ. Dev. Rev. (Leitner-Poma of America, Inc. Proj.) Series 2009, 0.16% 9/6/13, LOC Wells Fargo Bank NA, VRDN (b) | 7,090 | | 7,090 |
Moffat County Poll. Cont. Rev. (Tri-State Generation and Transmission Assoc., Inc. Proj.) Series 2009, 0.08% 9/6/13, LOC Bank of America NA, VRDN (b) | 1,300 | | 1,300 |
| | 19,555 |
Connecticut - 0.5% |
Connecticut Health & Edl. Facilities Auth. Rev.: | | | |
(Yale-New Haven Hosp. Proj.) Series L2, 0.09% 9/6/13, LOC Bank of America NA, VRDN (b) | 400 | | 400 |
Participating VRDN Series EGL 7 05 3031, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 4,300 | | 4,300 |
| | 4,700 |
Delaware - 0.9% |
Delaware Econ. Dev. Auth. Rev. (Delmarva Pwr. & Lt. Co. Proj.) Series 1999 A, 0.23% 9/6/13, VRDN (b) | 4,900 | | 4,900 |
Wilmington Adjustable Rate Demand Rev. (Delaware Art Museum, Inc. Proj.) 0.07% 9/6/13, LOC Wells Fargo Bank NA, VRDN (b) | 4,200 | | 4,200 |
| | 9,100 |
District Of Columbia - 0.9% |
District of Columbia Rev.: | | | |
(American Psychological Assoc. Proj.) Series 2003, 0.12% 9/6/13, LOC Bank of America NA, VRDN (b) | 1,025 | | 1,025 |
(The AARP Foundation Proj.) Series 2004, 0.06% 9/6/13, LOC Bank of America NA, VRDN (b) | 1,500 | | 1,500 |
(The Washington Ctr. for Internships and Academic Seminars Proj.) Series 2009, 0.06% 9/6/13, LOC Branch Banking & Trust Co., VRDN (b) | 4,800 | | 4,800 |
District of Columbia Univ. Rev. (American Univ. Proj.) Series 2006 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 1,000 | | 1,000 |
| | 8,325 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Florida - 3.5% |
Broward County Fin. Auth. Multi-family Hsg. Rev. (Reflections Apts. Proj.) Series 1999, 0.05% 9/6/13, LOC Freddie Mac, VRDN (b) | $ 4,415 | | $ 4,415 |
Florida Hsg. Fin. Corp. Multi-family Mtg. Rev.: | | | |
(Mariner's Cay Apts. Proj.) Series 2008 M, 0.06% 9/6/13, LOC Fannie Mae, VRDN (b) | 1,360 | | 1,360 |
(Victoria Park Apts. Proj.) Series 2002 J, 0.06% 9/6/13, LOC Fannie Mae, VRDN (b) | 1,100 | | 1,100 |
Florida Muni. Pwr. Agcy. Rev. (All-Requirements Pwr. Supply Proj.) Series 2008 C, 0.08% 9/3/13, LOC Bank of America NA, VRDN (b) | 1,200 | | 1,200 |
Highlands County Health Facilities Auth. Rev. Participating VRDN Series ROCS II R 11830, 0.08% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 875 | | 875 |
Jacksonville Hsg. Fin. Auth. Multi-family Hsg. Rev. (Augustine Apts. Proj.) 0.05% 9/6/13, LOC Fannie Mae, VRDN (b) | 2,650 | | 2,650 |
North Broward Hosp. District Rev. Series 2005 A, 0.05% 9/6/13, LOC Wells Fargo Bank NA, VRDN (b) | 1,000 | | 1,000 |
Orange County Indl. Dev. Auth. Indl. Dev. Rev. (Central Florida YMCA Proj.) Series 2002 A, 0.09% 9/6/13, LOC Bank of America NA, VRDN (b) | 1,200 | | 1,200 |
Palm Beach County Rev. (Saint Andrew's School of Boca Raton, Inc. Proj.) Series 2007, 0.11% 9/6/13, LOC Bank of America NA, VRDN (b) | 2,000 | | 2,000 |
Palm Beach County Wtr. & Swr. Rev. Participating VRDN Series Putters 2622, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 2,765 | | 2,765 |
Pasco County School Board Ctfs. of Prtn. Series 2008 C, 0.09% 9/6/13, LOC Bank of America NA, VRDN (b) | 5,100 | | 5,100 |
Pinellas County Hsg. Fin. Auth. (Booker Creek Apts. Proj.) Series 2009, 0.06% 9/6/13, LOC Freddie Mac, VRDN (b) | 5,000 | | 5,000 |
Sunshine State Govt. Fing. Commission Rev. (Miami-Dade County Prog.) Series 2011 C, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 1,000 | | 1,000 |
USF College of Medicine Health Facilities Series 2006 A1, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 2,400 | | 2,400 |
USF Fing. Corp. Ctfs. of Prtn. Series 2007, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 600 | | 600 |
Volusia County Hsg. Fin. Auth. Multi-family Hsg. Rev. (Fisherman's Landing Apts. Proj.) 0.05% 9/6/13, LOC Fannie Mae, VRDN (b) | 1,050 | | 1,050 |
| | 33,715 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Georgia - 1.6% |
Burke County Indl. Dev. Auth. Poll. Cont. Rev. (Oglethorpe Pwr. Corp. Proj.) Series 2010 A, 0.07% 9/6/13, LOC Bank of America NA, VRDN (b) | $ 1,600 | | $ 1,600 |
Cobb County Kennestone Hosp. Auth. Rev. (WellStar Health Sys. Proj.) Series 2005 A, 0.09% 9/6/13, LOC Bank of America NA, VRDN (b) | 1,500 | | 1,500 |
Fulton County Dev. Auth. (Mount Vernon Presbyterian School Proj.) Series 2005, 0.06% 9/6/13, LOC Branch Banking & Trust Co., VRDN (b) | 2,400 | | 2,400 |
Main Street Natural Gas, Inc. Georgia Gas Proj. Rev. Series 2010 A, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada), VRDN (b) | 8,200 | | 8,200 |
Metropolitan Atlanta Rapid Transit Auth. Sales Tax Rev. Series 2000 B, 0.08% 9/6/13, LOC PNC Bank NA, VRDN (b) | 2,300 | | 2,300 |
| | 16,000 |
Hawaii - 1.7% |
Eclipse Fdg. Trust Custody Rpt. Various States Participating VRDN Series Solar 12 14, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (b)(e) | 600 | | 600 |
Hawaii Gen. Oblig. Participating VRDN: | | | |
Series Putters 4007, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 4,665 | | 4,665 |
Series ROC II R 11910, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 3,870 | | 3,870 |
Hawaii State Hsg. Fin. & Dev. Corp. Rev. (Lokahi Kau Apts. Proj.) Series 2008, 0.05% 9/6/13, LOC Freddie Mac, VRDN (b) | 2,300 | | 2,300 |
Honolulu City & County Gen. Oblig. Participating VRDN Series Putters 3391, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 5,000 | | 5,000 |
| | 16,435 |
Illinois - 6.2% |
Chicago Gen. Oblig. Series 2005 D2, 0.06% 9/3/13, LOC Northern Trust Co., VRDN (b) | 800 | | 800 |
Chicago Metropolitan Wtr. Reclamation District Greater Chicago Participating VRDN Series Solar 06 75, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (b)(e) | 3,200 | | 3,200 |
Chicago O'Hare Int'l. Arpt. Rev. Series 2005 D, 0.05% 9/6/13, LOC Barclays Bank PLC, VRDN (b) | 700 | | 700 |
Chicago Wtr. Rev.: | | | |
Series 2004 A2, 0.15% 9/6/13, LOC California Pub. Employees Retirement Sys., VRDN (b) | 4,215 | | 4,215 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Illinois - continued |
Chicago Wtr. Rev.: - continued | | | |
Series 2004 A3, 0.15% 9/6/13, LOC State Street Bank & Trust Co., Boston, VRDN (b) | $ 1,550 | | $ 1,550 |
Illinois Fin. Auth. Rev.: | | | |
(Chicago Historical Society Proj.) Series 2006, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 18,900 | | 18,900 |
(Edward Hosp. Obligated Group Proj.): | | | |
Series 2008 B1, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 3,000 | | 3,000 |
Series 2009 A, 0.08% 9/6/13, LOC Bank of America NA, VRDN (b) | 1,200 | | 1,200 |
(Museum of Science & Industry Proj.) Series 2009 C, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (b) | 1,000 | | 1,000 |
(Provena Health Proj.) Series 2010 C, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 700 | | 700 |
(Rush Univ. Med. Ctr. Proj.) Series 2008 A, 0.08% 9/6/13, LOC Northern Trust Co., VRDN (b) | 4,600 | | 4,600 |
(Spertus Institute of Jewish Studies Proj.) 0.07% 9/6/13, LOC Northern Trust Co., VRDN (b) | 3,400 | | 3,400 |
Participating VRDN Series MS 3332, 0.06% 9/6/13 (Liquidity Facility Cr. Suisse) (b)(e) | 1,000 | | 1,000 |
Series 2011 B, 0.08% 9/6/13, LOC PNC Bank NA, VRDN (b) | 950 | | 950 |
Illinois Health Facilities Auth. Rev. (Herman M. Finch Univ. of Health Sciences/The Chicago Med. School Proj.) Series 2003, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 400 | | 400 |
Illinois Hsg. Dev. Auth. Multi-family Hsg. Rev. 0.05% 9/6/13, LOC Freddie Mac, VRDN (b) | 500 | | 500 |
Illinois Toll Hwy. Auth. Toll Hwy. Rev. Series 2007 A1, 0.07% 9/6/13, LOC Citibank NA, VRDN (b) | 5,900 | | 5,900 |
Lake County Multi-family Hsg. Rev. (Whispering Oaks Apts. Proj.) Series 2008, 0.05% 9/6/13, LOC Freddie Mac, VRDN (b) | 1,500 | | 1,500 |
Univ. of Illinois Rev. (UIC South Campus Dev. Proj.) Series 2008, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 6,900 | | 6,900 |
| | 60,415 |
Indiana - 0.9% |
Indiana Dev. Fin. Auth. Econ. (Archer-Daniels Midland Co. Proj.) Series 2012, 0.05% 9/6/13 (Archer Daniels Midland Co. Guaranteed), VRDN (b) | 200 | | 200 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Indiana - continued |
Indiana Dev. Fin. Auth. Envir. Rev. (Duke Energy Indiana, Inc. Proj.) Series 2009 A3, 0.05% 9/6/13, LOC Mizuho Corporate Bank Ltd., VRDN (b) | $ 700 | | $ 700 |
Indiana Fin. Auth. Health Sys. Rev. (Sisters of Saint Francis Health Svcs., Inc. Obligated Group Proj.): | | | |
Series 2008 B, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 800 | | 800 |
Series 2008 E, 0.07% 9/6/13, LOC Bank of America NA, VRDN (b) | 2,000 | | 2,000 |
Series 2008 H, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 1,200 | | 1,200 |
Indiana Fin. Auth. Hosp. Rev. (Parkview Health Sys. Oblig. Group Proj.) Series 2009 D, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (b) | 1,200 | | 1,200 |
Indiana Fin. Auth. Rev. Series 2008 E7, 0.05% 9/6/13, VRDN (b) | 1,000 | | 1,000 |
Lawrenceburg Poll. Cont. Rev. (Indiana Michigan Pwr. Co. Proj.) Series 2008 H, 0.06% 9/6/13, LOC Bank of Nova Scotia, VRDN (b) | 2,000 | | 2,000 |
| | 9,100 |
Iowa - 0.8% |
Iowa Fin. Auth. Midwestern (Archer-Daniels Midland Co. Proj.) Series 2012, 0.05% 9/6/13 (Archer Daniels Midland Co. Guaranteed), VRDN (b) | 700 | | 700 |
Iowa Fin. Auth. Poll. Cont. Facility Rev. (MidAmerican Energy Proj.) Series 2008 B, 0.08% 9/6/13, VRDN (b) | 5,900 | | 5,900 |
Iowa Fin. Auth. Rev. (Trinity Health Sys. Proj.) Series 2000 D, 0.06% 9/6/13, VRDN (b) | 900 | | 900 |
| | 7,500 |
Louisiana - 0.8% |
East Baton Rouge Parish Pub. Impt. Sales Tax Rev. Series 2008 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 1,200 | | 1,200 |
Louisiana Pub. Facilities Auth. Rev. (Air Products & Chemicals, Inc. Proj.): | | | |
Series 2004, 0.08% 9/6/13, VRDN (b) | 1,000 | | 1,000 |
Series 2009 A, 0.08% 9/6/13, VRDN (b) | 2,115 | | 2,115 |
Saint James Parish Gen. Oblig. (Nucor Steel Louisiana LLC Proj.) Series 2010 B1: | | | |
0.34% 9/6/13, VRDN (b) | 1,250 | | 1,250 |
0.36% 9/6/13, VRDN (b) | 2,700 | | 2,700 |
| | 8,265 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Maryland - 0.4% |
Maryland Cmnty. Dev. Administration Multi-family Dev. Rev. (Avalon Lea Apt. Proj.) Series 1997, 0.08% 9/6/13, LOC Fannie Mae, VRDN (b) | $ 1,200 | | $ 1,200 |
Maryland Health & Higher Edl. Facilities Auth. Rev. (Anne Arundel Health Sys. Proj.) Series 2009 B, 0.08% 9/6/13, LOC Bank of America NA, VRDN (b) | 2,600 | | 2,600 |
| | 3,800 |
Massachusetts - 0.4% |
Massachusetts Gen. Oblig. Participating VRDN Series Clipper 07 41, 0.09% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (b)(e) | 2,500 | | 2,500 |
Massachusetts School Bldg. Auth. Dedicated Sales Tax Rev. Participating VRDN Series EGL 07 0031, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 1,000 | | 1,000 |
| | 3,500 |
Michigan - 0.8% |
Michigan Fin. Auth. Rev. Participating VRDN Series WF 11 111C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (b)(e) | 2,500 | | 2,500 |
Michigan Higher Ed. Rev. (Univ. of Detroit Mercy Proj.) Series 2007, 0.11% 9/3/13, LOC JPMorgan Chase Bank, VRDN (b) | 100 | | 100 |
Michigan Hosp. Fin. Auth. Rev. Participating VRDN Series ROC II R 11676, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 1,300 | | 1,300 |
Waterford Econ. Dev. Corp. Ltd. Oblig. Rev. (Canterbury Health Care, Inc. Proj.) Series 2009, 0.06% 9/6/13, LOC Fed. Home Ln. Bank of Boston, VRDN (b) | 4,200 | | 4,200 |
| | 8,100 |
Minnesota - 0.8% |
Minnesota Gen. Oblig. Participating VRDN Series Putters 3844 Q, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 6,860 | | 6,860 |
St. Anthony Multi-Family Rev. (Autumn Woods Proj.) 0.06% 9/6/13, LOC Fannie Mae, VRDN (b) | 1,015 | | 1,015 |
| | 7,875 |
Mississippi - 0.9% |
Mississippi Bus. Fin. Corp. Indl. Dev. Rev. (New Process Steel, L.P. Proj.) Series 2010, 0.11% 9/6/13, LOC Bank of America NA, VRDN (b) | 8,500 | | 8,500 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Missouri - 1.2% |
Missouri Health & Edl. Facilities Auth. Edl. Facilities Rev.: | | | |
(Saint Louis Univ. Proj.) Series 2008 B1, 0.09% 9/3/13, LOC Bank of America NA, VRDN (b) | $ 1,200 | | $ 1,200 |
Participating VRDN Series EGL 07 0001, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 8,000 | | 8,000 |
RBC Muni. Products, Inc. Trust Participating VRDN Series RBC E 40, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada) (a)(b)(e) | 700 | | 700 |
Saint Louis Indl. Dev. Auth. (Saint Luke's Plaza Apts. Proj.) Series 2009, 0.06% 9/6/13 (Liquidity Facility Freddie Mac), VRDN (b) | 2,100 | | 2,100 |
| | 12,000 |
Nebraska - 1.1% |
Central Plains Energy Proj. Rev. (Nebraska Gas Proj.) Series 2009, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada), VRDN (b) | 5,485 | | 5,485 |
Omaha Pub. Pwr. District Elec. Rev. Participating VRDN Series Putters 3700 Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 5,000 | | 5,000 |
| | 10,485 |
Nevada - 0.5% |
Clark County Arpt. Rev. Series 2008 D 2A, 0.06% 9/6/13, LOC Citibank NA, VRDN (b) | 800 | | 800 |
Clark County Fuel Tax Participating VRDN Series ROC II R 11507, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 2,455 | | 2,455 |
Clark County McCarran Int'l. Arpt. Passenger Facility Charge Rev. Series 2010 F2, 0.05% 9/6/13, LOC Union Bank NA, VRDN (b) | 1,500 | | 1,500 |
| | 4,755 |
New Jersey - 0.0% |
Salem County Poll. Cont. Fin. Auth. Rev. (Pub. Svc. Elec. and Gas Co. Proj.) Series 2003 B1, 0.26% 9/6/13, VRDN (b) | 300 | | 300 |
New Mexico - 1.2% |
New Mexico Muni. Energy Acquisition Auth. Gas Supply Rev. Series 2009, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada), VRDN (b) | 11,755 | | 11,755 |
New York - 4.0% |
Dutchess County Indl. Dev. Agcy. Civic Facility Rev. (Lutheran Ctr. at Poughkeepsie, Inc. Proj.) 0.17% 9/6/13, LOC KeyBank NA, VRDN (b) | 100 | | 100 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
New York - continued |
New York City Muni. Wtr. Fin. Auth. Wtr. & Swr. Sys. Rev. Participating VRDN Series Putters 2559, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | $ 1,775 | | $ 1,775 |
New York City Transitional Fin. Auth. Rev. Participating VRDN: | | | |
Series Putters 3857, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 2,500 | | 2,500 |
Series ROC II R 14022, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 2,815 | | 2,815 |
New York Dorm. Auth. Revs.: | | | |
(City Univ. Proj.) Series 2008 C, 0.06% 9/6/13, LOC Bank of America NA, VRDN (b) | 4,400 | | 4,400 |
(Fordham Univ. Proj.) Series 2008 A2, 0.05% 9/6/13, LOC Bank of America NA, VRDN (b) | 2,350 | | 2,350 |
Participating VRDN: | | | |
Series EGL 06 47 Class A, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 4,500 | | 4,500 |
Series EGL 07 0003, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 15,000 | | 15,000 |
Series 2003 D2E, 0.05% 9/6/13, LOC Royal Bank of Canada, VRDN (b) | 3,155 | | 3,155 |
New York Hsg. Fin. Agcy. Rev.: | | | |
(29 Flatbush Ave. Hsg. Proj.) Series 2010 A, 0.09% 9/6/13, LOC Bank of America NA, VRDN (b) | 800 | | 800 |
Series 2009 B, 0.05% 9/6/13, LOC Wells Fargo Bank NA, VRDN (b) | 1,700 | | 1,700 |
| | 39,095 |
North Carolina - 1.9% |
Charlotte Int'l. Arpt. Rev. (Charlotte Douglas Int'l. Arpt. Proj.) Series 2008 D, 0.05% 9/6/13, LOC Bank of America NA, VRDN (b) | 4,000 | | 4,000 |
Greensboro Combined Enterprise Sys. Rev. Series 2005 B, 0.07% 9/6/13 (Liquidity Facility Bank of America NA), VRDN (b) | 2,195 | | 2,195 |
North Carolina Cap. Facilities Fin. Agcy. Rev. Participating VRDN Series EGL 06 0139, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 1,000 | | 1,000 |
Raleigh Combined Enterprise Sys. Rev. Participating VRDN Series EGL 07 0010, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 9,900 | | 9,900 |
Raleigh Durham Arpt. Auth. Arpt. Rev. Series 2008 C, 0.06% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (b) | 1,650 | | 1,650 |
| | 18,745 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Ohio - 1.4% |
Allen County Hosp. Facilities Rev. (Catholic Healthcare Partners Proj.) Series 2008 A, 0.08% 9/3/13, LOC Bank of America NA, VRDN (b) | $ 1,500 | | $ 1,500 |
Columbus Gen. Oblig. Participating VRDN Series Putters 2365, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 4,360 | | 4,360 |
Lancaster Port Auth. Gas Rev. 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada), VRDN (b) | 800 | | 800 |
Ohio Higher Edl. Facility Commission Rev. (Univ. Hosp. Health Sys. Proj.) Series 2008 D, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 700 | | 700 |
Ohio Hosp. Facilities Rev. Participating VRDN Series Putters 3558, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 4,330 | | 4,330 |
Ohio Wtr. Dev. Auth. Poll. Cont. Facilities Rev. Series 2006 A, 0.08% 9/6/13, LOC UBS AG, VRDN (b) | 2,000 | | 2,000 |
| | 13,690 |
Pennsylvania - 3.6% |
Allegheny County Hosp. Dev. Auth. Rev. (Children's Institute Pittsburgh Proj.) Series 2005 B, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (b) | 1,000 | | 1,000 |
Allegheny County Indl. Dev. Auth. Rev. (The Watson Institute Friendship Academy Proj.) Series 2010, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (b) | 3,750 | | 3,750 |
Butler County Gen. Auth. Rev. (Erie School District Proj.) Series 2011, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (b) | 1,200 | | 1,200 |
Chester County Indl. Dev. Auth. Student Hsg. Rev. (West Chester Univ. Proj.): | | | |
Series 2008 A1, 0.07% 9/6/13, LOC Citizens Bank of Pennsylvania, VRDN (b) | 1,500 | | 1,500 |
Series 2008 A2, 0.06% 9/6/13, LOC TD Banknorth, NA, VRDN (b) | 1,000 | | 1,000 |
Crawford County Indl. Dev. Auth. College Rev. (Allegheny College Proj.) Series 2009 B, 0.07% 9/6/13, LOC PNC Bank NA, VRDN (b) | 2,000 | | 2,000 |
Econ. Dev. Fin. Auth. Unemployment Compensation Rev. Series 2012 C, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (b) | 1,500 | | 1,500 |
Lancaster Indl. Dev. Auth. Rev. (United Zion Retirement Cmnty. Proj.) 0.17% 9/6/13, LOC Citizens Bank of Pennsylvania, VRDN (b) | 3,690 | | 3,690 |
Montgomery County Higher Ed. & Health Auth. Rev. (William Penn Charter School Proj.) Series 2001, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (b) | 3,275 | | 3,275 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Pennsylvania - continued |
Montgomery County Redev. Auth. Multi-family Hsg. Rev. (Forge Gate Apts. Proj.) Series 2001 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (b) | $ 4,990 | | $ 4,990 |
Pennsylvania Gen. Oblig. Participating VRDN Series Putters 4014, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 3,500 | | 3,500 |
Philadelphia Auth. for Indl. Dev. Rev. (The Franklin Institute Proj.) Series 2006, 0.1% 9/6/13, LOC Bank of America NA, VRDN (b) | 2,895 | | 2,895 |
Somerset County Gen. Oblig. Series 2009 A, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (b) | 3,445 | | 3,445 |
Washington County Hosp. Auth. Rev. (Monongahela Valley Hosp. Proj.) Series 2011 A, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (b) | 1,700 | | 1,700 |
| | 35,445 |
Rhode Island - 1.1% |
Rhode Island Health and Edl. Bldg. Corp. Higher Ed. Facility Rev.: | | | |
(Bryant Univ. Proj.) Series 2008, 0.07% 9/6/13, LOC TD Banknorth, NA, VRDN (b) | 500 | | 500 |
(New England Institute of Technology Proj.) Series 2008, 0.05% 9/6/13, LOC TD Banknorth, NA, VRDN (b) | 1,220 | | 1,220 |
(Roger Williams Univ. Proj.) Series 2008 B, 0.06% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (b) | 8,800 | | 8,800 |
| | 10,520 |
South Carolina - 0.7% |
Columbia Wtrwks. & Swr. Rev. Participating VRDN Series BC 10 42W, 0.08% 9/6/13 (Liquidity Facility Barclays Bank PLC) (b)(e) | 2,000 | | 2,000 |
South Carolina Jobs-Econ. Dev. Auth. Econ. Dev. Rev.: | | | |
(Bon Secours Health Sys. Proj.) 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (b) | 2,000 | | 2,000 |
(Institute for Bus. and Home Safety Proj.) Series 2009, 0.06% 9/6/13, LOC Branch Banking & Trust Co., VRDN (b) | 2,400 | | 2,400 |
| | 6,400 |
Tennessee - 2.6% |
Blount County Pub. Bldg. Auth. (Local Govt. Pub. Impt. Proj.) Series 2008 E1A, 0.06% 9/6/13, LOC Branch Banking & Trust Co., VRDN (b) | 5,600 | | 5,600 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Tennessee - continued |
Clarksville Pub. Bldg. Auth. Rev. (Tennessee Muni. Bond Fund Proj.): | | | |
Series 1994, 0.12% 9/6/13, LOC Bank of America NA, VRDN (b) | $ 3,100 | | $ 3,100 |
Series 2003, 0.12% 9/3/13, LOC Bank of America NA, VRDN (b) | 900 | | 900 |
Series 2004, 0.12% 9/3/13, LOC Bank of America NA, VRDN (b) | 1,210 | | 1,210 |
Series 2005, 0.12% 9/3/13, LOC Bank of America NA, VRDN (b) | 5,160 | | 5,160 |
Series 2008, 0.12% 9/3/13, LOC Bank of America NA, VRDN (b) | 1,020 | | 1,020 |
Knox County Health Edl. & Hsg. Facilities Board Hosp. Facilities Rev. Series 2011 A, 0.05% 9/6/13, LOC Bank of America NA, VRDN (b) | 500 | | 500 |
Montgomery County Pub. Bldg. Auth. Pooled Fing. Rev. (Tennessee County Ln. Pool Prog.): | | | |
Series 1999, 0.1% 9/6/13, LOC Bank of America NA, VRDN (b) | 4,500 | | 4,500 |
Series 2002, 0.12% 9/3/13, LOC Bank of America NA, VRDN (b) | 935 | | 935 |
Series 2006, 0.12% 9/3/13, LOC Bank of America NA, VRDN (b) | 1,000 | | 1,000 |
Nashville and Davidson County Metropolitan Govt. Gen. Oblig. Participating VRDN Series Clipper 06 4, 0.06% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (b)(e) | 1,500 | | 1,500 |
| | 25,425 |
Texas - 2.1% |
Harris County Cultural Ed. Facilities Fin. Corp. Med. Facilities Rev. Series 2012 C, 0.06% 9/6/13, LOC Barclays Bank PLC, VRDN (b) | 1,400 | | 1,400 |
Harris County Gen. Oblig. Participating VRDN Series RBC E 18, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada) (b)(e) | 800 | | 800 |
Harris County Indl. Dev. Corp. (HFOTCO LLC Proj.) Series 2012, 0.06% 9/6/13, LOC Bank of America NA, VRDN (b) | 2,000 | | 2,000 |
North East Texas Independent School District Participating VRDN Series Putters 2355, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 4,460 | | 4,460 |
North Texas Tollway Auth. Rev. Series 2011 A, 0.08% 9/6/13, LOC Morgan Stanley Bank, West Valley City Utah, VRDN (b) | 3,295 | | 3,295 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
San Antonio Elec. & Gas Sys. Rev. Participating VRDN Series Putters 3344, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | $ 3,215 | | $ 3,215 |
San Antonio Pub. Facilities Corp. and Rfdg. Lease Participating VRDN Series CTE 12 3AX, 0.06% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (b)(e) | 265 | | 265 |
Spring Branch Independent School District Participating VRDN Series Putters 3377, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 1,495 | | 1,495 |
Texas A&M Univ. Rev. Participating VRDN Series BC 10 39W, 0.08% 9/6/13 (Liquidity Facility Barclays Bank PLC) (b)(e) | 1,500 | | 1,500 |
Texas City Indl. Dev. Corp. (NRG Energy, Inc. Proj.) Series 2012, 0.11% 9/6/13, LOC Bank of America NA, VRDN (b) | 200 | | 200 |
Texas Dept. of Hsg. & Cmnty. Affairs Multi-family Hsg. Rev. Series 2003, 0.06% 9/6/13, LOC Freddie Mac, VRDN (b) | 1,300 | | 1,300 |
Texas Gen. Oblig. Participating VRDN Series Solar 06 57, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (b)(e) | 1,000 | | 1,000 |
| | 20,930 |
Utah - 0.1% |
Emery County Poll. Cont. Rev. (PacifiCorp Proj.) Series 1994, 0.07% 9/6/13, LOC Wells Fargo Bank NA, VRDN (b) | 1,140 | | 1,140 |
Virginia - 0.8% |
Fairfax County Indl. Dev. Auth. Participating VRDN Series Putters 4254, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 665 | | 665 |
Hanover County Econ. Dev. Auth. Rev. (Bon Secours Health Sys. Proj.) Series 2008 D1, 0.06% 9/6/13, LOC Bank of New York, New York, VRDN (b) | 3,000 | | 3,000 |
Virginia College Bldg. Auth. Edl. Facilities Rev. Participating VRDN Series PZ 161, 0.08% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (b)(e) | 3,860 | | 3,860 |
| | 7,525 |
Washington - 1.1% |
Central Puget Sound Reg'l. Trans. Auth. Sales & Use Tax Rev. Participating VRDN Series Putters 2866, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e) | 1,000 | | 1,000 |
King County Swr. Rev. Participating VRDN Series ROC II R 11962, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 1,600 | | 1,600 |
Washington Gen. Oblig. Participating VRDN: | | | |
Series Clipper 05 39, 0.06% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (b)(e) | 1,300 | | 1,300 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Washington - continued |
Washington Gen. Oblig. Participating VRDN: - continued | | | |
Series ROC II R 11889, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | $ 3,250 | | $ 3,250 |
Washington Hsg. Fin. Commission Multi-family Hsg. Rev. (Discovery Heights Apt. Proj.) Series 2010, 0.05% 9/6/13, LOC Freddie Mac, VRDN (b) | 1,000 | | 1,000 |
Washington Hsg. Fin. Commission Nonprofit Hsg. Rev. (Horizon House Proj.) Series 2005, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (b) | 2,300 | | 2,300 |
| | 10,450 |
West Virginia - 0.1% |
West Virginia Econ. Dev. Auth. Solid Waste Disp. Facilities Rev. (Appalachian Pwr. Co. - Amos Proj.) Series 2009 B, 0.06% 9/6/13, LOC Sumitomo Mitsui Banking Corp., VRDN (b) | 1,200 | | 1,200 |
Wisconsin - 0.3% |
Wisconsin Health & Edl. Facilities Auth. Rev. Participating VRDN Series ROC II R 14065, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (b)(e) | 3,200 | | 3,200 |
Wyoming - 0.3% |
Converse County Poll. Cont. Rev. (PacifiCorp Proj.) Series 1994, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (b) | 2,600 | | 2,600 |
Sweetwater County Poll. Cont. Rev. (PacifiCorp Proj.) Series 1984, 0.23% 9/6/13, VRDN (b) | 200 | | 200 |
| | 2,800 |
TOTAL VARIABLE RATE DEMAND NOTE (Cost $524,115) |
524,115
|
Other Municipal Debt - 34.1% |
| | | |
Alaska - 0.5% |
Alaska Gen. Oblig. BAN 1.75% 3/25/14 | 3,600 | | 3,632 |
Alaska Indl. Dev. & Export Auth. Rev. Bonds (Providence Health Systems Proj.) Series 2003 H, 5.25% 10/1/13 | 1,000 | | 1,004 |
| | 4,636 |
Arizona - 1.7% |
Chandler Gen. Oblig. Bonds Series GS 07 49TP, 0.19%, tender 12/12/13 (Liquidity Facility Wells Fargo & Co.) (b)(e)(f) | 11,195 | | 11,195 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Arizona - continued |
Phoenix Civic Impt. Series 2011 B1, 0.15% 9/16/13, LOC Barclays Bank PLC, CP | $ 1,600 | | $ 1,600 |
Phoenix Civic Impt. Corp. Series 2009, 0.13% 9/3/13, LOC Bank of America NA, CP | 640 | | 640 |
Phoenix Civic Impt. Corp. Transit Excise Tax Rev. Bonds (Lt. Rail Proj.) Series 2013, 2% 7/1/14 | 500 | | 507 |
Phoenix Civic Impt. Corp. Wastewtr. Sys. Rev. Series 2012 B, 0.17% 12/3/13, LOC Wells Fargo Bank NA, CP | 2,400 | | 2,400 |
| | 16,342 |
California - 6.3% |
California Edl. Facilities Auth. Rev. Bonds (Stanford Univ. Proj.) Series S3, 0.19% tender 12/5/13, CP mode | 1,600 | | 1,600 |
California Gen. Oblig. RAN: | | | |
Series 2013 A1, 2% 5/28/14 | 10,000 | | 10,132 |
Series 2013 A2, 2% 6/23/14 | 10,200 | | 10,346 |
California School Cash Reserve Prog. Auth. TRAN Series 2013 A, 2% 4/1/14 | 600 | | 606 |
Kern County Gen. Oblig. TRAN 1.25% 6/30/14 | 3,300 | | 3,329 |
Los Angeles County Gen. Oblig. TRAN 2% 6/30/14 | 7,100 | | 7,207 |
Los Angeles Gen. Oblig. TRAN: | | | |
2% 2/27/14 | 870 | | 878 |
2% 5/1/14 | 6,800 | | 6,882 |
2% 6/26/14 | 7,700 | | 7,814 |
Los Angeles Unified School District Bonds Series Putters 4290, 0.1%, tender 11/28/13 (Liquidity Facility JPMorgan Chase & Co.) (b)(e)(f) | 2,400 | | 2,400 |
Oakland Gen. Oblig. TRAN 1.25% 6/30/14 | 2,000 | | 2,018 |
Orange County Sanitation District Ctfs. of Prtn.: | | | |
BAN Series 2012 C, 2% 10/30/13 | 700 | | 702 |
Bonds Series MS 06 2222, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo & Co.) (b)(e)(f) | 600 | | 600 |
San Diego County & School District TRAN Series 2013 A, 2% 6/30/14 | 800 | | 812 |
San Francisco County Trans. Auth. Series 2004 A, 0.17% 9/12/13, LOC Wells Fargo Bank NA, CP | 4,000 | | 4,000 |
Santa Cruz Gen. Oblig. TRAN 2% 7/2/14 | 600 | | 609 |
Ventura County Gen. Oblig. TRAN 1.25% 7/1/14 | 1,800 | | 1,816 |
| | 61,751 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Connecticut - 0.2% |
Connecticut Dev. Auth. Poll. Cont. Rev. Bonds (New England Pwr. Co. Proj.) Series 1999, 0.32% tender 9/25/13, CP mode | $ 1,500 | | $ 1,500 |
Connecticut Gen. Oblig. Bonds Series 2012 F, 1% 9/15/13 | 600 | | 600 |
Connecticut Spl. Tax Oblig. Trans. Infrastructure Rev. Bonds Series 2012 A, 2% 1/1/14 | 200 | | 201 |
| | 2,301 |
District Of Columbia - 0.5% |
District of Columbia Rev. Bonds (American Nat'l. Red Cross Proj.) Series 2000, 0.17% tender 9/9/13, LOC JPMorgan Chase Bank, CP mode | 1,300 | | 1,300 |
Metropolitan Washington Arpts. Auth. Dulles Toll Road Rev.: | | | |
Series 1, 0.11% 10/10/13, LOC JPMorgan Chase Bank, CP | 2,600 | | 2,600 |
0.15% 12/2/13, LOC JPMorgan Chase Bank, CP | 500 | | 500 |
| | 4,400 |
Florida - 1.6% |
Florida Board of Ed. Lottery Rev. Bonds Series 2006 A, 5% 7/1/14 | 1,500 | | 1,559 |
Florida Gen. Oblig. Bonds Series PZ 130, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo & Co.) (b)(e)(f) | 3,440 | | 3,440 |
Hillsborough County Cap. Impt. Prog. Rev. Series 2013 A: | | | |
0.12% 9/5/13, LOC State Street Bank & Trust Co.,
Boston, CP | 576 | | 576 |
0.13% 9/19/13, LOC State Street Bank & Trust Co.,
Boston, CP | 700 | | 700 |
JEA Saint Johns River Pwr. Park Sys. Rev. Bonds Series 23 Issue 2, 5% 10/1/13 | 1,700 | | 1,707 |
Miami-Dade County School District TAN Series 2013, 1% 3/4/14 | 6,400 | | 6,427 |
Tampa Health Sys. Rev. Bonds: | | | |
Series 2012 B, 0.16%, tender 3/28/14 (b) | 1,000 | | 1,000 |
Series WF 12 21 C, 0.2%, tender 9/5/13 (Liquidity Facility Wells Fargo Bank NA) (b)(e)(f) | 300 | | 300 |
| | 15,709 |
Georgia - 0.6% |
Fulton County Gen. Oblig. TAN Series 2013, 2% 12/31/13 | 2,600 | | 2,616 |
Georgia Gen. Oblig. Bonds: | | | |
Series 2003 D, 4.5% 12/1/13 (Pre-Refunded to 12/1/13 @ 100) | 500 | | 505 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Georgia - continued |
Georgia Gen. Oblig. Bonds: - continued | | | |
Series 2011 F, 5% 12/1/13 | $ 2,250 | | $ 2,277 |
Georgia Muni. Gas Auth. Rev. Bonds (Gas Portfolio III Proj.) Series R, 2% 10/1/13 | 500 | | 501 |
| | 5,899 |
Idaho - 0.5% |
Idaho Gen. Oblig. TAN 2% 6/30/14 | 4,400 | | 4,466 |
Illinois - 0.5% |
Chicago Metropolitan Wtr. Reclamation District Greater Chicago Bonds Series 2002 D, 5.375% 12/1/13 | 1,000 | | 1,013 |
Illinois Fin. Auth. Ed. Rev. Series 2013, 0.16% 2/6/14, LOC PNC Bank NA, CP | 600 | | 600 |
Illinois Fin. Auth. Rev. Bonds (Palos Cmnty. Hosp. Proj.): | | | |
Series 2010 C, 0.13% tender 12/2/13, CP mode | 1,885 | | 1,885 |
Series 2012 H, 0.15% tender 10/3/13, CP mode | 600 | | 600 |
Illinois Sales Tax Rev. Bonds Series 2013, 2% 6/15/14 | 1,200 | | 1,217 |
| | 5,315 |
Indiana - 0.1% |
Indianapolis Gas Util. Sys. Rev. Series 2013, 0.11% 9/10/13, LOC JPMorgan Chase Bank, CP | 900 | | 900 |
Kansas - 1.4% |
Kansas Dept. of Trans. Hwy. Rev. Bonds Series 2012 A1, 0.09% 9/1/13 (b) | 500 | | 500 |
Wichita Gen. Oblig. BAN Series 254, 0.25% 2/11/14 | 1,600 | | 1,600 |
Wyandotte County/Kansas City Unified Govt. Gen. Oblig. BAN 0.24% 3/1/14 | 12,000 | | 12,000 |
| | 14,100 |
Kentucky - 0.2% |
Jefferson County Poll. Cont. Rev. Bonds (Louisville Gas & Elec. Co. Proj.) Series 1993 A, 0.22% tender 9/17/13, CP mode | 600 | | 600 |
Trimble County Poll. Cont. Rev. Bonds (Louisville Gas & Elec. Co. Proj.) Series 1992 A, 0.22% tender 9/17/13, CP mode | 1,200 | | 1,200 |
| | 1,800 |
Maryland - 1.1% |
Baltimore County Gen. Oblig. Series 2011: | | | |
0.1% 9/16/13 (Liquidity Facility Mizuho Corporate Bank Ltd.), CP | 1,563 | | 1,563 |
0.1% 10/1/13 (Liquidity Facility Mizuho Corporate Bank Ltd.), CP | 1,700 | | 1,700 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Maryland - continued |
Baltimore County Gen. Oblig. Series 2011: - continued | | | |
0.11% 9/5/13 (Liquidity Facility Mizuho Corporate Bank Ltd.), CP | $ 3,000 | | $ 3,000 |
0.15% 10/3/13 (Liquidity Facility Mizuho Corporate Bank Ltd.), CP | 1,898 | | 1,898 |
0.15% 10/3/13 (Liquidity Facility Mizuho Corporate Bank Ltd.), CP | 1,700 | | 1,700 |
Prince Georges County Ctfs. of Prtn. Bonds (Equip. Aquisition Prog.) Series 2012, 2% 10/15/13 | 1,035 | | 1,037 |
| | 10,898 |
Massachusetts - 0.2% |
Massachusetts Indl. Fin. Agcy. Poll. Cont. Rev. Bonds (New England Pwr. Co. Proj.) Series 1992: | | | |
0.3% tender 9/9/13, CP mode | 1,600 | | 1,600 |
0.3% tender 9/9/13, CP mode | 600 | | 600 |
| | 2,200 |
Michigan - 0.1% |
JPMorgan Chase Bonds Series Putters 4300, 0.12%, tender 10/31/13 (Liquidity Facility JPMorgan Chase Bank) (b)(e)(f) | 700 | | 700 |
Michigan Hosp. Fin. Auth. Rev. Bonds (Trinity Health Sys. Proj.) Series 2008 C, 0.11% tender 9/5/13, CP mode | 700 | | 700 |
| | 1,400 |
Minnesota - 0.1% |
Univ. of Minnesota Rev. Series 2005 A, 0.1% 9/5/13, CP | 600 | | 600 |
Missouri - 0.1% |
Missouri Board of Pub. Buildings Spl. Oblig. Bonds Series 2003 A, 5% 10/15/13 (Pre-Refunded to 10/15/13 @ 100) | 400 | | 402 |
Missouri Health & Edl. Facilities Auth. Health Facilities Rev. Bonds (CoxHealth Proj.) Series 2008 B, 0.13% tender 12/2/13, LOC Bank of Nova Scotia, CP mode | 600 | | 600 |
| | 1,002 |
Nebraska - 0.3% |
Nebraska Pub. Pwr. District Rev. Series 2013 A: | | | |
0.1% 9/16/13, CP | 600 | | 600 |
0.11% 9/11/13, CP | 600 | | 600 |
Omaha Pub. Pwr. District Elec. Rev. Series 2013 A, 0.14% 9/12/13, CP | 1,370 | | 1,370 |
| | 2,570 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Nevada - 0.1% |
Clark County School District Bonds Series 2013 B, 3% 6/15/14 | $ 500 | | $ 511 |
New Hampshire - 0.1% |
New Hampshire Bus. Fin. Auth. Poll. Cont. Rev. Bonds (New England Pwr. Co. Proj.) Series 1990 A, 0.33% tender 9/26/13, CP mode | 1,200 | | 1,200 |
New Jersey - 0.1% |
Passaic County Gen. Oblig. BAN Series 2012 A, 1.25% 12/27/13 | 500 | | 502 |
New York - 3.4% |
Brewster Central School District BAN Series 2013, 1.5% 1/31/14 | 28,330 | | 28,482 |
New York City Muni. Wtr. Fin. Auth. Wtr. & Swr. Sys. Rev.: | | | |
Series 1, 0.11% 9/17/13, CP | 4,300 | | 4,300 |
Series 8, 0.14% 3/24/14, CP | 600 | | 600 |
| | 33,382 |
North Carolina - 0.4% |
North Carolina Grant Anticipation Rev. Bonds Series 2007, 5% 3/1/14 | 490 | | 502 |
North Carolina Muni. Pwr. Agcy. #1 Catawba Elec. Rev. Bonds: | | | |
Series 2008 A, 5.25% 1/1/14 | 400 | | 407 |
Series 2012 A, 2% 1/1/14 | 1,900 | | 1,911 |
Univ. of North Carolina at Chapel Hill Rev. Bonds Series Putters 4372, 0.1%, tender 11/7/13 (Liquidity Facility JPMorgan Chase & Co.) (b)(e)(f) | 700 | | 700 |
| | 3,520 |
Ohio - 1.8% |
Ohio Higher Edl. Facility Commission Rev. Bonds (The Cleveland Clinic Foundation Proj.) Series 2008 B6: | | | |
0.16% tender 11/7/13, CP mode | 8,000 | | 8,000 |
0.17% tender 12/5/13, CP mode | 9,200 | | 9,200 |
| | 17,200 |
Oklahoma - 1.1% |
Oklahoma City Wtr. Utils. Trust Wtr. and Swr. Rev. Series
2013 A: | | | |
0.11% 9/5/13, LOC State Street Bank & Trust Co.,
Boston, CP | 5,000 | | 5,000 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Oklahoma - continued |
Oklahoma City Wtr. Utils. Trust Wtr. and Swr. Rev. Series
2013 A: - continued | | | |
0.11% 9/10/13, LOC State Street Bank & Trust Co.,
Boston, CP | $ 2,000 | | $ 2,000 |
0.11% 10/1/13, LOC State Street Bank & Trust Co.,
Boston, CP | 4,000 | | 4,000 |
| | 11,000 |
Oregon - 0.5% |
Clackamas County Hosp. Facility Auth. Bonds (Providence Health Sys. Proj.) Series 2003 E, 0.1% tender 9/26/13, CP mode | 4,000 | | 4,000 |
Oregon Gen. Oblig. Bonds Series WF11 57 C, 0.18%, tender 1/16/14 (Liquidity Facility Wells Fargo Bank NA) (b)(e)(f) | 1,020 | | 1,020 |
| | 5,020 |
Pennsylvania - 0.2% |
Econ. Dev. Fin. Auth. Unemployment Compensation Rev. Bonds Series 2012 A, 4% 7/1/14 | 1,265 | | 1,305 |
Univ. of Pittsburgh Commonwealth Sys. of Higher Ed. BAN 2% 7/11/14 | 500 | | 508 |
| | 1,813 |
South Carolina - 1.3% |
Beaufort County School District BAN Series 2013 B, 1.25% 4/24/14 | 700 | | 705 |
Charleston County School District BAN 1% 5/8/14 | 600 | | 603 |
Dorchester County No. 2 School District BAN 0.2% 8/15/14 | 1,500 | | 1,500 |
South Carolina Assoc. of Governmental Organizations Ctfs. of Prtn. Bonds Series 2013 A, 1.5% 3/3/14 (South Carolina Gen. Oblig. Guaranteed) | 1,300 | | 1,308 |
South Carolina Gen. Oblig. Bonds Series ROC II R 692W, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo & Co.) (b)(e)(f) | 4,165 | | 4,165 |
York County Poll. Cont. Rev. Bonds 0.32% tender 9/3/13, CP mode | 4,500 | | 4,500 |
| | 12,781 |
Texas - 6.5% |
Austin Elec. Util. Sys. Rev. Series 2013 A, 0.11% 9/17/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 400 | | 400 |
Fort Bend Independent School District Bonds Series PZ 124, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo & Co.) (b)(e)(f) | 10,345 | | 10,345 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
Harris County Gen. Oblig.: | | | |
Series 2013 A1, 0.12% 9/10/13 (Liquidity Facility State Street Bank & Trust Co., Boston), CP | $ 1,300 | | $ 1,300 |
Series 2013 D, 0.11% 9/12/13 (Liquidity Facility JPMorgan Chase Bank), CP | 1,985 | | 1,985 |
Harris County Metropolitan Trans. Auth.: | | | |
Series 2013 A1, 0.17% 2/6/14 (Liquidity Facility JPMorgan Chase Bank), CP | 16,500 | | 16,500 |
Series 2013 A3, 0.15% 9/9/13 (Liquidity Facility State Street Bank & Trust Co., Boston), CP | 3,600 | | 3,600 |
Houston Gen. Oblig.: | | | |
Series 2013 A, 0.11% 9/12/13, LOC Union Bank NA, CP | 1,400 | | 1,400 |
TRAN Series 2013, 2% 6/30/14 | 1,700 | | 1,725 |
Houston Util. Sys. Rev. Bonds Series 2011 E, 5% 11/15/13 | 2,000 | | 2,020 |
Irving Independent School District Bonds Series PT 3954, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo & Co.) (b)(e)(f) | 500 | | 500 |
Lower Colorado River Auth. Rev.: | | | |
0.11% 9/5/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 600 | | 600 |
0.14% 10/3/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 700 | | 700 |
Lower Colorado River Auth. Transmission Contract Rev. Bonds 5% 5/15/14 | 1,515 | | 1,565 |
Pasadena Independent School District Bonds Series 2013, 2% 2/15/14 (Permanent School Fund of Texas Guaranteed) | 2,550 | | 2,571 |
Rockwall Independent School District Bonds Series 2013, 2% 2/15/14 (Permanent School Fund of Texas Guaranteed) | 1,320 | | 1,330 |
Tarrant County Cultural Ed. Facilities Fin. Corp. Hosp. Rev. Bonds (Baylor Health Care Sys. Proj.) Series 2013 B, 0.15%, tender 3/28/14 (b) | 400 | | 400 |
Texas Gen. Oblig.: | | | |
Bonds Series 2010 B, 5% 10/1/13 | 500 | | 502 |
TRAN Series 2013, 2% 8/28/14 | 15,000 | | 15,265 |
Texas Trans. Commission State Hwy. Fund Rev. Bonds Series 2006, 5% 4/1/14 | 1,000 | | 1,028 |
| | 63,736 |
Utah - 0.4% |
Intermountain Pwr. Agcy. Pwr. Supply Rev. Series 1997 B1, 0.11% 9/19/13 (Liquidity Facility JPMorgan Chase
Bank), CP | 1,300 | | 1,300 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Utah - continued |
Salt Lake County Utah TRAN Series 2013, 1% 12/27/13 | $ 1,800 | | $ 1,805 |
Utah Gen. Oblig. Bonds Series 2011 A, 5% 7/1/14 | 1,000 | | 1,040 |
| | 4,145 |
Virginia - 0.2% |
Fairfax County Indl. Dev. Auth. Bonds (Inova Health Sys. Proj.) Series 2012 C, 0.14%, tender 3/28/14 (b) | 1,100 | | 1,100 |
Virginia Commonwealth Trans. Board Rev. Bonds (Trans. Cap. Proj.) Series 2012, 4% 5/15/14 | 1,000 | | 1,027 |
| | 2,127 |
Washington - 0.3% |
King County Kent School District #145 Gen. Oblig. Bonds (Cr. Enhancement Prog.) Series 2012 A, 2% 12/1/13 (Washington Gen. Oblig. Guaranteed) | 1,265 | | 1,270 |
Snohomish County Pub. Util. District #1 Bonds Series 2010, 5% 12/1/13 | 650 | | 658 |
Washington Gen. Oblig. Bonds Series GS 06 7T, 0.19%, tender 12/12/13 (Liquidity Facility Wells Fargo & Co.) (b)(e)(f) | 905 | | 905 |
| | 2,833 |
Wisconsin - 1.7% |
Madison Gen. Oblig. Bonds Series 2012 C, 2% 10/1/13 | 765 | | 766 |
Milwaukee Gen. Oblig. RAN Series 2013 R1, 1.75% 12/5/13 | 2,300 | | 2,309 |
Wisconsin Gen. Oblig.: | | | |
Series 2005 A, 0.09% 9/17/13 (Liquidity Facility Bank of New York, New York), CP | 500 | | 500 |
Series 2006 A, 0.09% 9/9/13 (Liquidity Facility Bank of New York, New York), CP | 500 | | 500 |
Wisconsin Health & Edl. Facilities Bonds Series 2013 B, 0.12%, tender 3/28/14 (b) | 500 | | 500 |
Wisconsin Health & Edl. Facilities Auth. Rev. Bonds: | | | |
(Aurora Health Care, Inc. Sys. Proj.) Series 2010 C, 0.14% tender 10/3/13, LOC Bank of America NA, CP mode | 1,500 | | 1,500 |
0.13% tender 12/2/13, CP mode | 400 | | 400 |
Wisconsin Trans. Rev.: | | | |
Series 1997 A, 0.09% 9/10/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (Liquidity Facility California Teachers Retirement Sys.), CP | 3,125 | | 3,125 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Wisconsin - continued |
Wisconsin Trans. Rev.: - continued | | | |
Series 2006 A: | | | |
0.09% 9/10/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (Liquidity Facility California Teachers Retirement Sys.), CP | $ 2,109 | | $ 2,109 |
0.17% 9/12/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (Liquidity Facility California Teachers Retirement Sys.), CP | 5,260 | | 5,260 |
| | 16,969 |
TOTAL OTHER MUNICIPAL DEBT (Cost $333,028) |
333,028
|
Investment Company - 13.6% |
| Shares | | |
Fidelity Tax-Free Cash Central Fund, 0.06% (c)(d) (Cost $132,812) | 132,811,900 | |
132,812
|
TOTAL INVESTMENT PORTFOLIO - 101.4% (Cost $989,955) | | 989,955 |
NET OTHER ASSETS (LIABILITIES) - (1.4)% | | (13,871) |
NET ASSETS - 100% | $ 976,084 |
Fidelity AMT Tax-Free Money Fund (the Fund) is a fund of Fidelity Union Street Trust II (the Trust) and is authorized to issue an unlimited number of shares. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Delaware statutory trust.
The Fund invests in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by Fidelity Management & Research Company (FMR) and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of FMR.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC website or upon request.
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
As permitted by compliance with certain conditions under Rule 2a-7 of the 1940 Act, securities are valued at amortized cost, which approximates fair value. The amortized cost of an instrument is determined by valuing it at its original cost and thereafter amortizing any discount or premium from its face value at a constant rate until maturity. Securities held by a money market fund are generally high quality and liquid; however, they are reflected as Level 2 because the inputs used to determine fair value are not quoted prices in an active market.
Dividends are declared and recorded daily and paid monthly from net investment income. Distributions from realized gains, if any, are declared and recorded on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP. In addition, the Fund claimed a portion of the payment made to redeeming shareholders as a distribution for income tax purposes.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences will reverse in a subsequent period.
Book-tax differences are primarily due to deferred trustees compensation.
The Fund purchases municipal securities whose interest, in the opinion of the issuer, is free from federal income tax. There is no assurance that the IRS will agree with this opinion. In the event the IRS determines that the issuer does not comply with relevant tax requirements, interest payments from a security could become federally taxable, possibly retroactively to the date the security was issued.
The federal tax cost of investment securities and unrealized appreciation (depreciation) as of period end were as follows:
The tax-based components of distributable earnings as of period end were as follows:
FMR voluntarily agreed to reimburse the Fund to the extent annual operating expenses exceeded .33% of average net assets. During the period this reimbursement reduced the Fund's expenses by $1,053.
Additionally, FMR or its affiliates voluntarily agreed to waive certain fees in order to maintain a minimum annualized yield of .01%. Such arrangements may be discontinued by FMR at any time. For the period, the amount of the waiver was $1,852.
In addition, through arrangements with the Fund's custodian, credits realized as a result of uninvested cash balances were used to reduce the Fund's management fee. During the period, these credits reduced the Fund's management fee by $5.
The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.
To the Trustees of Fidelity Union Street Trust II and the Shareholders of Fidelity AMT Tax-Free Money Fund:
In our opinion, the accompanying statement of assets and liabilities, including the schedule of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Fidelity AMT Tax-Free Money Fund (a fund of Fidelity Union Street Trust II) at August 31, 2013, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Fidelity AMT Tax-Free Money Fund's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at August 31, 2013 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.
The Trustees and executive officers of the trust and fund, as applicable, are listed below. The Board of Trustees governs the fund and is responsible for protecting the interests of shareholders. The Trustees are experienced executives who meet periodically throughout the year to oversee the fund's activities, review contractual arrangements with companies that provide services to the fund, oversee management of the risks associated with such activities and contractual arrangements, and review the fund's performance. Except for Elizabeth S. Acton and James C. Curvey, each of the Trustees oversees 221 funds. Ms. Acton oversees 203 funds. Mr. Curvey oversees 387 funds.
The Trustees hold office without limit in time except that (a) any Trustee may resign; (b) any Trustee may be removed by written instrument, signed by at least two-thirds of the number of Trustees prior to such removal; (c) any Trustee who requests to be retired or who has become incapacitated by illness or injury may be retired by written instrument signed by a majority of the other Trustees; and (d) any Trustee may be removed at any special meeting of shareholders by a two-thirds vote of the outstanding voting securities of the trust. Each Trustee who is not an interested person of the trust and the fund (as defined in the 1940 Act) (Independent Trustee), shall retire not later than the last day of the month in which his or her 75th birthday occurs. The Independent Trustees may waive this mandatory retirement age policy with respect to individual Trustees. The executive officers hold office without limit in time, except that any officer may resign or may be removed by a vote of a majority of the Trustees at any regular meeting or any special meeting of the Trustees. Except as indicated, each individual has held the office shown or other offices in the same company for the past five years.
In determining that a particular Trustee was and continues to be qualified to serve as a Trustee, the Board has considered a variety of criteria, none of which, in isolation, was controlling. The Board believes that, collectively, the Trustees have balanced and diverse
experience, qualifications, attributes, and skills, which allow the Board to operate effectively in governing the fund and protecting the interests of shareholders. Information about the specific experience, skills, attributes, and qualifications of each Trustee, which in each case led to the Board's conclusion that the Trustee should serve (or continue to serve) as a trustee of the fund, is provided below.
Fidelity funds are overseen by different Boards of Trustees. The fund's Board oversees Fidelity's investment-grade bond, money market, and asset allocation funds and another Board oversees Fidelity's equity and high income funds. The asset allocation funds may invest in Fidelity funds that are overseen by such other Board. The use of separate Boards, each with its own committee structure, allows the Trustees of each group of Fidelity funds to focus on the unique issues of the funds they oversee, including common research, investment, and operational issues. On occasion, the separate Boards establish joint committees to address issues of overlapping consequences for the Fidelity funds overseen by each Board.
The Trustees operate using a system of committees to facilitate the timely and efficient consideration of all matters of importance to the Trustees, the fund, and fund shareholders and to facilitate compliance with legal and regulatory requirements and oversight of the fund's activities and associated risks. The Board, acting through its committees, has charged FMR and its affiliates with (i) identifying events or circumstances the occurrence of which could have demonstrably adverse effects on the fund's business and/or reputation; (ii) implementing processes and controls to lessen the possibility that such events or circumstances occur or to mitigate the effects of such events or circumstances if they do occur; and (iii) creating and maintaining a system designed to evaluate continuously business and market conditions in order to facilitate the identification and implementation processes described in (i) and (ii) above. Because the day-to-day operations and activities of the fund are carried out by or through FMR, its affiliates, and other service providers, the fund's exposure to risks is mitigated but not eliminated by the processes overseen by the Trustees. While each of the Board's committees has responsibility for overseeing different aspects of the fund's activities, oversight is exercised primarily through the Operations and Audit Committees. In addition, an ad hoc Board committee of Independent Trustees has worked with FMR to enhance the Board's oversight of investment and financial risks, legal and regulatory risks, technology risks, and operational risks, including the development of additional risk reporting to the Board. The Operations Committee also worked and continues to work with FMR to enhance the stress tests required under SEC regulations for money market funds. Appropriate personnel, including but not limited to the fund's Chief Compliance Officer (CCO), FMR's internal auditor, the independent accountants, the fund's Treasurer and portfolio management personnel, make periodic reports to the Board's committees, as appropriate, including an annual review of FMR's risk management program for the Fidelity funds. The responsibilities of each standing committee, including their oversight responsibilities, are described further under "Standing Committees of the Fund's Trustees."
The fund's Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-544-8544.
Correspondence intended for each Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.
* Trustees have been determined to be "Interested Trustees" by virtue of, among other things, their affiliation with the trust or various entities under common control with FMR.
Correspondence intended for each Independent Trustee (that is, the Trustees other than the Interested Trustees) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.
Correspondence intended for each executive officer may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.
The fund hereby designates as a capital gain dividend with respect to the taxable year ended August 31, 2013, $133,077, or, if subsequently determined to be different, the net capital gain of such year.
During fiscal year ended 2013, 100% of the fund's income dividends was free from federal income tax, and 0.00% of the fund's income dividends was subject to the federal alternative minimum tax.
The fund will notify shareholders in January 2014 of amounts for use in preparing 2013 income tax returns.
Citibank, N.A.
New York, NY
Fidelity Investments Institutional Operations Company, Inc.
Fidelity Service Company, Inc.
Citibank, N.A.
Average annual total return reflects the change in the value of an investment, assuming reinvestment of the fund's distributions from dividend income and capital gains (the profits earned upon the sale of securities that have grown in value, if any) and assuming a constant rate of performance each year. The $10,000 table and the fund's returns do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. During periods of reimbursement by Fidelity, a fund's total return will be greater than it would be had the reimbursement not occurred. How a fund did yesterday is no guarantee of how it will do tomorrow.
Let's say hypothetically that $10,000 was invested in Fidelity Arizona Municipal Income Fund on August 31, 2003. The chart shows how the value of your investment would have changed, and also shows how the Barclays® Municipal Bond Index performed over the same period.
As a shareholder of a Fund, you incur two types of costs: (1) transaction costs, including redemption fees and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2013 to August 31, 2013).
The first line of the accompanying table for each fund provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, each Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
The second line of the accompanying table for each fund provides information about hypothetical account values and hypothetical expenses based on a fund's actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund's actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, each Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
Yield refers to the income paid by the fund over a given period. Yields for money market funds are usually for seven-day periods, as they are here, though they are expressed as annual percentage rates. Past performance is no guarantee of future results. Yield will vary and it's possible to lose money investing in the Fund. A portion of the Fund's expenses was reimbursed and/or waived. Absent such reimbursements and/or waivers the yield for the period ending August 31, 2013, the most recent period shown in the table, would have been -0.38%.
Fidelity Arizona Municipal Income Fund (the Income Fund) is a fund of Fidelity Union Street Trust. Fidelity Arizona Municipal Money Market Fund (the Money Market Fund) is a fund of Fidelity Union Street Trust II. Each Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company. Fidelity Union Street Trust and Fidelity Union Street Trust II (the Trusts) are organized as a Massachusetts business trust and a Delaware statutory trust, respectively. The Income Fund is a non-diversified fund. Each Fund is authorized to issue an unlimited number of shares. Each Fund may be affected by economic and political developments in the state of Arizona.
The Funds may invest in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by Fidelity Management & Research Company (FMR) and its affiliates. The Funds' Schedules of Investments list each of the Fidelity Central Funds held as of period end, if any, as an investment of each Fund, but do not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, each Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of FMR.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds, which are not covered by the Funds' Report of Independent Registered Public Accounting Firm, are available on the SEC website or upon request.
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Funds:
Each Fund categorizes the inputs to valuation techniques used to value their investments into a disclosure hierarchy consisting of three levels as shown below:
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value each Fund's investments by major category are as follows:
For the Income Fund, debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. For municipal securities, pricing vendors utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type as well as broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
For the Money Market Fund, as permitted by compliance with certain conditions under Rule 2a-7 of the 1940 Act, securities are valued at amortized cost, which approximates fair value. The amortized cost of an instrument is determined by valuing it at its original cost and thereafter amortizing any discount or premium from its face value at a constant rate until maturity. Securities held by a money market fund are generally high quality and liquid; however, they are reflected as Level 2 because the inputs used to determine fair value are not quoted prices in an active market.
For the Income Fund, changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
Dividends are declared and recorded daily and paid monthly from net investment income. Distributions from realized gains, if any, are declared and recorded on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP. In addition, the Funds claimed a portion of the payment made to redeeming shareholders as a distribution for income tax purposes.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences will reverse in a subsequent period.
Book-tax differences are primarily due to market discount and deferred trustees compensation.
The Funds purchase municipal securities whose interest, in the opinion of the issuer, is free from federal income tax. There is no assurance that the IRS will agree with this opinion. In the event the IRS determines that the issuer does not comply with relevant tax requirements, interest payments from a security could become federally taxable, possibly retroactively to the date the security was issued.
The federal tax cost of investment securities and unrealized appreciation (depreciation) as of period end were as follows for each Fund:
The tax-based components of distributable earnings as of period end were as follows for each Fund:
Purchases and sales of securities, other than short-term securities, for the Income Fund aggregated $35,385,411 and $49,706,363, respectively.
The Income Fund participates with other funds managed by FMR or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The participating funds have agreed to pay commitment fees on their pro-rata portion of the line of credit, which are reflected in Miscellaneous expenses on the Statement of Operations, and are as follows:
During the period, there were no borrowings on this line of credit.
FMR or its affiliates voluntarily agreed to waive certain fees for the Money Market Fund in order to maintain a minimum annualized yield of .01%. Such arrangements may be discontinued by FMR at any time. For the period, the amount of the waiver was $1,362,525.
In addition, through arrangements with each applicable Fund's custodian and transfer agent, credits realized as a result of uninvested cash balances were used to reduce each applicable Fund's expenses. All of the applicable expense reductions are noted in the table below:
The Funds' organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Funds. In the normal course of business, the Funds may also enter into contracts that provide general indemnifications. The Funds' maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Funds. The risk of material loss from such claims is considered remote.
To the Trustees of Fidelity Union Street Trust and Fidelity Union Street Trust II and the Shareholders of Fidelity Arizona Municipal Income Fund and Fidelity Arizona Municipal Money Market Fund:
In our opinion, the accompanying statements of assets and liabilities, including the schedules of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Fidelity Arizona Municipal Income Fund (a fund of Fidelity Union Street Trust) and Fidelity Arizona Municipal Money Market Fund (a fund of Fidelity Union Street Trust II) at August 31, 2013, the results of each of their operations for the year then ended, the changes in their net assets for each of the two years in the period then ended and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Fidelity Union Street Trust's and Fidelity Union Street Trust II's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at August 31, 2013 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.
The Trustees and executive officers of the trusts and funds, as applicable, are listed below. The Board of Trustees governs each fund and is responsible for protecting the interests of shareholders. The Trustees are experienced executives who meet periodically throughout the year to oversee each fund's activities, review contractual arrangements with companies that provide services to each fund, oversee management of the risks associated with such activities and contractual arrangements, and review each fund's performance. Except for Elizabeth S. Acton and James C. Curvey each of the Trustees oversees 221 funds. Ms. Acton oversees 203 funds. Mr. Curvey oversees 387 funds.
The Trustees hold office without limit in time except that (a) any Trustee may resign; (b) any Trustee may be removed by written instrument, signed by at least two-thirds of the number of Trustees prior to such removal; (c) any Trustee who requests to be retired or who has become incapacitated by illness or injury may be retired by written instrument signed by a majority of the other Trustees; and (d) any Trustee may be removed at any special meeting of shareholders by a two-thirds vote of the outstanding voting securities of the trust. Each Trustee who is not an interested person of the trust and the funds (as defined in the 1940 Act) (Independent Trustee), shall retire not later than the last day of the month in which his or her 75th birthday occurs. The Independent Trustees may waive this mandatory retirement age policy with respect to individual Trustees. The executive officers hold office without limit in time, except that any officer may resign or may be removed by a vote of a majority of the Trustees at any regular meeting or any special meeting of the Trustees. Except as indicated, each individual has held the office shown or other offices in the same company for the past five years.
In determining that a particular Trustee was and continues to be qualified to serve as a Trustee, the Board has considered a variety of criteria, none of which, in isolation, was controlling. The Board believes that, collectively, the Trustees have balanced and diverse
experience, qualifications, attributes, and skills, which allow the Board to operate effectively in governing each fund and protecting the interests of shareholders. Information about the specific experience, skills, attributes, and qualifications of each Trustee, which in each case led to the Board's conclusion that the Trustee should serve (or continue to serve) as a trustee of the funds, is provided below.
Fidelity funds are overseen by different Boards of Trustees. The funds' Board oversees Fidelity's investment-grade bond, money market, and asset allocation funds and another Board oversees Fidelity's equity and high income funds. The asset allocation funds may invest in Fidelity funds that are overseen by such other Board. The use of separate Boards, each with its own committee structure, allows the Trustees of each group of Fidelity funds to focus on the unique issues of the funds they oversee, including common research, investment, and operational issues. On occasion, the separate Boards establish joint committees to address issues of overlapping consequences for the Fidelity funds overseen by each Board.
The Trustees operate using a system of committees to facilitate the timely and efficient consideration of all matters of importance to the Trustees, each fund, and fund shareholders and to facilitate compliance with legal and regulatory requirements and oversight of the funds' activities and associated risks. The Board, acting through its committees, has charged FMR and its affiliates with (i) identifying events or circumstances the occurrence of which could have demonstrably adverse effects on the funds' business and/or reputation; (ii) implementing processes and controls to lessen the possibility that such events or circumstances occur or to mitigate the effects of such events or circumstances if they do occur; and (iii) creating and maintaining a system designed to evaluate continuously business and market conditions in order to facilitate the identification and implementation processes described in (i) and (ii) above. Because the day-to-day operations and activities of the funds are carried out by or through FMR, its affiliates, and other service providers, the funds' exposure to risks is mitigated but not eliminated by the processes overseen by the Trustees. While each of the Board's committees has responsibility for overseeing different aspects of the funds' activities, oversight is exercised primarily through the Operations and Audit Committees. In addition, an ad hoc Board committee of Independent Trustees has worked with FMR to enhance the Board's oversight of investment and financial risks, legal and regulatory risks, technology risks, and operational risks, including the development of additional risk reporting to the Board. The Operations Committee also worked and continues to work with FMR to enhance the stress tests required under SEC regulations for money market funds. Appropriate personnel, including but not limited to the funds' Chief Compliance Officer (CCO), FMR's internal auditor, the independent accountants, the funds' Treasurer and portfolio management personnel, make periodic reports to the Board's committees, as appropriate, including an annual review of FMR's risk management program for the Fidelity funds. The responsibilities of each standing committee, including their oversight responsibilities, are described further under "Standing Committees of the Funds' Trustees."
The funds' Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-544-8544.
Correspondence intended for each Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.
* Trustees have been determined to be "Interested Trustees" by virtue of, among other things, their affiliation with the trusts or various entities under common control with FMR.
Correspondence intended for each Independent Trustee (that is, the Trustees other than the Interested Trustees) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.
Correspondence intended for each executive officer may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.
The Board of Trustees of each fund voted to pay to shareholders of record at the opening of business on record date, the following distributions per share derived from capital gains realized from sales of portfolio securities:
The funds hereby designate as capital gain dividends the amounts noted below for the taxable year ended August 31, 2013, or, if subsequently determined to be different, the net capital gain of such year:
During fiscal year ended 2013, 100% of each fund's income dividends were free from federal income tax, and 1.79% and 23.34% of Fidelity Arizona Municipal Income Fund and Fidelity Arizona Municipal Money Market Fund's, respectively, income dividends were subject to the federal alternative minimum tax.
The fund will notify shareholders in January 2014 of amounts for use in preparing 2013 income tax returns.
Citibank, N.A.
Fidelity Investments Institutional Operations Company, Inc.
Fidelity Service Company, Inc.
Citibank, N.A.
As a shareholder of the Fund, you incur two types of costs: (1) transaction costs, and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2013 to August 31, 2013).
The first line of the accompanying table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
The second line of the accompanying table provides information about hypothetical account values and hypothetical expenses based on the Fund's actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund's actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Yield refers to the income paid by the fund over a given period. Yields for money market funds are usually for seven-day periods, as they are here, though they are expressed as annual percentage rates. Past performance is no guarantee of future results. Yield will vary and it's possible to lose money investing in the Fund. A portion of the Fund's expenses was reimbursed and/or waived. Absent such reimbursements and/or waivers the yield for the period ending August 31, 2013, the most recent period shown in the table, would have been -0.31%.
Variable Rate Demand Note - 62.0% |
| Principal Amount (000s) | | Value (000s) |
Alabama - 0.7% |
Alabama Pub. School & College Auth. Rev. Participating VRDN Series WF 11 37C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | $ 4,930 | | $ 4,930 |
Auburn Univ. Gen. Fee Rev. Participating VRDN: | | | |
Series WF 08 55C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (c)(g) | 23,490 | | 23,490 |
Series WF 11 53C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | 7,010 | | 7,010 |
Decatur Indl. Dev. Board Exempt Facilities Rev. (Nucor Steel Decatur LLC Proj.) Series 2003 A, 0.39% 9/6/13, VRDN (c)(f) | 39,215 | | 39,215 |
Mobile Indl. Dev. Board Dock & Wharf Rev. (Holnam, Inc. Proj.) Series 1999 A, 0.09% 9/6/13, LOC Bayerische Landesbank Girozentrale, VRDN (c) | 21,000 | | 21,000 |
Mobile Indl. Dev. Board Exempt Facilities Rev. Series 1997, 0.07% 9/6/13 (Kimberly-Clark Corp. Guaranteed), VRDN (c) | 14,800 | | 14,800 |
Mobile Indl. Dev. Board Solid Waste Disp. Rev. (Alabama Pwr. Co. Barry Plant Proj.) Second Series 2009, 0.07% 9/3/13, VRDN (c) | 15,300 | | 15,300 |
Univ. of Alabama at Birmingham Hosp. Rev. Series 2012 C, 0.04% 9/6/13, LOC PNC Bank NA, VRDN (c) | 36,300 | | 36,300 |
Washington County Indl. Dev. Auth. Rev. (Sempra Energy Proj.) Series 2007, 0.07% 9/6/13, LOC UBS AG, VRDN (c) | 33,895 | | 33,895 |
| | 195,940 |
Alaska - 0.3% |
Alaska Indl. Dev. & Export Auth. Rev.: | | | |
(Greater Fairbanks Cmnty. Hosp. Foundation Proj.) Series 2009 A, 0.06% 9/6/13, LOC Union Bank NA, VRDN (c) | 16,400 | | 16,400 |
Participating VRDN Series Putters 4722, 0.06% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 16,665 | | 16,665 |
Valdez Marine Term. Rev.: | | | |
(ConocoPhillips Proj.) Series 1994 A, 0.07% 9/6/13 (ConocoPhillips Guaranteed), VRDN (c) | 12,400 | | 12,400 |
(Phillips Trans. Alaska, Inc. Proj.): | | | |
Series 1994 B, 0.08% 9/6/13 (ConocoPhillips Guaranteed), VRDN (c) | 26,000 | | 26,000 |
Series 1994 C, 0.08% 9/6/13 (ConocoPhillips Guaranteed), VRDN (c) | 3,000 | | 3,000 |
Series 2002, 0.07% 9/6/13, VRDN (c) | 12,200 | | 12,200 |
| | 86,665 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Arizona - 1.8% |
Arizona Board of Regents Arizona State Univ. Rev.: | | | |
Participating VRDN Series Putters 4147, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | $ 10,115 | | $ 10,115 |
Series 2008 B, 0.05% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 13,135 | | 13,135 |
Arizona Health Facilities Auth. Rev.: | | | |
(Banner Health Sys. Proj.): | | | |
Series 2008 F, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 24,075 | | 24,075 |
Series 2008 G, 0.07% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c) | 3,965 | | 3,965 |
(Catholic Healthcare West Proj.): | | | |
Series 2005 B, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 13,930 | | 13,930 |
Series 2008 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 23,500 | | 23,500 |
Series 2009 F, 0.05% 9/6/13, LOC Mizuho Corporate Bank Ltd., VRDN (c) | 48,750 | | 48,750 |
(Royal Oaks Life Care Cmnty. Proj.) Series 2002, 0.08% 9/6/13, LOC Bank of America NA, VRDN (c) | 11,160 | | 11,160 |
(Southwest Behavioral Health Svcs., Inc. Proj.) Series 2004, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 3,395 | | 3,395 |
Coconino County Poll. Cont. Corp. Rev. (Tucson Elec. Pwr. Co. Navajo Proj.) Series 2010 A, 0.11% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 14,900 | | 14,900 |
Glendale Indl. Dev. Auth. (Midwestern Univ. Proj.) Series 2008, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 10,605 | | 10,605 |
Maricopa County Indl. Dev. Auth. Multi-family Hsg. Rev.: | | | |
(Ranchwood Apts. Proj.) Series 2001 A, 0.1% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 2,400 | | 2,400 |
(San Angelin Apts. Proj.) Series 2004, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 14,900 | | 14,900 |
(San Clemente Apts. Proj.) Series 2004, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 10,600 | | 10,600 |
(San Fernando Apts. Proj.) Series 2004, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 14,500 | | 14,500 |
(San Lucas Apts. Proj.) Series 2003, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 13,700 | | 13,700 |
(San Martin Apts. Proj.): | | | |
Series A1, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 5,700 | | 5,700 |
Series A2, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 4,300 | | 4,300 |
(San Miguel Apts. Proj.) Series 2003, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 14,900 | | 14,900 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Arizona - continued |
Maricopa County Indl. Dev. Auth. Multi-family Hsg. Rev.: - continued | | | |
(San Remo Apts. Proj.) Series 2002, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | $ 4,100 | | $ 4,100 |
(Sands Apts. Proj.) Series 2001 A, 0.1% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 2,700 | | 2,700 |
(Village Square Apts. Proj.) Series 2004, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 2,500 | | 2,500 |
Maricopa County Indl. Dev. Auth. Rev. (Clayton Homes, Inc. Proj.) Series 1998, 0.11% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c)(f) | 4,200 | | 4,200 |
Northern Arizona Univ. Revs. Participating VRDN Series Solar 07 14, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 16,430 | | 16,430 |
Pima County Indl. Dev. Auth. Indl. Rev. (Tucson Elec. Pwr. Co. Proj.) Series 1982 A, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 2,500 | | 2,500 |
Pima County Indl. Dev. Auth. Multi-family Hsg. Rev.: | | | |
(Cimarron Place Apts. Proj.) 0.1% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 4,500 | | 4,500 |
Series A, 0.1% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 2,625 | | 2,625 |
Salt River Proj. Agricultural Impt. & Pwr. District Elec. Sys. Rev. Participating VRDN: | | | |
Series BC 10 21W, 0.08% 9/6/13 (Liquidity Facility Barclays Bank PLC) (c)(g) | 5,200 | | 5,200 |
Series EGL 06 0141, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 28,800 | | 28,800 |
Series EGL 07 0012, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 13,850 | | 13,850 |
Series Putters 3307, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 6,395 | | 6,395 |
Series Putters 3467, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 4,000 | | 4,000 |
Series Putters 3708Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 23,895 | | 23,895 |
Series ROC II R 14060, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 4,000 | | 4,000 |
Tempe Indl. Dev. Auth. Rev. (ASUF Brickyard Proj.) Series 2004 A, 0.06% 9/6/13, LOC Bank of America NA, VRDN (c) | 1,000 | | 1,000 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Arizona - continued |
Yavapai County Indl. Dev. Auth. (Northern Arizona Healthcare Sys. Proj.) Series 2008 B, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | $ 38,040 | | $ 38,040 |
Yuma Indl. Dev. Auth. Hosp. Rev. (Yuma Reg'l. Med. Ctr. Proj.) Series 2008, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 86,975 | | 86,975 |
| | 510,240 |
Arkansas - 0.5% |
Arkansas Dev. Auth. Indl. Dev. Rev. (Stratton Seed Co. Proj.) Series 1999, 0.48% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 225 | | 225 |
Arkansas Dev. Fin. Auth. Multi-family Hsg. Rev. (Kiehl Partners LP Proj.) Series 2004 A, 0.11% 9/6/13, LOC Fannie Mae, VRDN (c) | 7,015 | | 7,015 |
Blytheville Indl. Dev. Rev. (Nucor Corp. Proj.) Series 2002, 0.38% 9/6/13, VRDN (c)(f) | 34,400 | | 34,400 |
Fort Smith Gen. Oblig. (Mitsubishi Pwr. Systems Americas Proj.) Series 2010, 0.07% 9/6/13, LOC Bank of Tokyo-Mitsubishi UFJ Ltd., VRDN (c) | 2,310 | | 2,310 |
Osceola Solid Waste Disp. Rev. (Plum Point Energy Associates, LLC Proj.) Series 2006, 0.09% 9/6/13, LOC Royal Bank of Scotland PLC, VRDN (c)(f) | 100,000 | | 100,000 |
| | 143,950 |
California - 2.4% |
ABAG Fin. Auth. for Nonprofit Corps. Rev. (Sharp HealthCare Proj.) Series 2009 C, 0.07% 9/6/13, LOC Citibank NA, VRDN (c) | 41,800 | | 41,800 |
Anaheim Hsg. Auth. Multi-family Hsg. Rev. (Park Vista Apt. Proj.) Series 2000 D, 0.06% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 3,600 | | 3,600 |
Bay Area Toll Auth. San Francisco Bay Toll Bridge Rev. Participating VRDN: | | | |
Series EGL 06 83 Class A, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 35,600 | | 35,600 |
Series II R 11901, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 2,100 | | 2,100 |
California Edl. Facilities Auth. Rev. Participating VRDN: | | | |
Series BA 08 1207, 0.09% 9/6/13 (Liquidity Facility Deutsche Bank AG New York Branch) (c)(g) | 11,110 | | 11,110 |
Series ROC II R 11974, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 4,555 | | 4,555 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
California - continued |
California Gen. Oblig.: | | | |
Series 2003 C1, 0.05% 9/6/13, LOC Bank of America NA, VRDN (c) | $ 6,200 | | $ 6,200 |
Series 2003 C3, 0.06% 9/6/13, LOC Citibank NA, VRDN (c) | 41,000 | | 41,000 |
California Health Facilities Fing. Auth. Rev. Participating VRDN Series DB 3294, 0.07% 9/6/13 (Liquidity Facility Deutsche Bank AG) (c)(g) | 10,125 | | 10,125 |
California Hsg. Fin. Agcy. Multi-family Hsg. Rev. Series 2007 B, 0.06% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 2,165 | | 2,165 |
California Hsg. Fin. Agcy. Rev. (Home Mtg. Prog.): | | | |
Series 2000 N, 0.06% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 15,315 | | 15,315 |
Series 2002 J, 0.06% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 1,335 | | 1,335 |
Series 2003 H, 0.06% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 17,995 | | 17,995 |
Series 2003 M: | | | |
0.06% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 16,900 | | 16,900 |
0.06% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 18,435 | | 18,435 |
Series 2006 C, 0.06% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 54,000 | | 54,000 |
California Statewide Cmntys. Dev. Auth. Multi-family Hsg. Rev. (Maple Square Apt. Proj.) Series AA, 0.06% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 5,755 | | 5,755 |
California Statewide Cmntys. Dev. Auth. Rev. (North Peninsula Jewish Campus Proj.) 0.07% 9/3/13, LOC Bank of America NA, VRDN (c) | 7,855 | | 7,855 |
El Dorado Irrigation District Rev. Ctfs. of Prtn. Series 2008 A, 0.05% 9/6/13, LOC Citibank NA, VRDN (c) | 59,195 | | 59,195 |
Irvine Unified School District Cmnty. Facilities District Series 2012 B, 0.06% 9/3/13, LOC Bank of America NA, VRDN (c) | 4,500 | | 4,500 |
Loma Linda Hosp. Rev. (Loma Linda Univ. Med. Ctr. Proj.) Series 2008 B, 0.06% 9/6/13, LOC Bank of America NA, VRDN (c) | 23,300 | | 23,300 |
Los Angeles Cmnty. College District Participating VRDN: | | | |
Series MS 3096, 0.07% 9/6/13 (Liquidity Facility Deutsche Bank AG) (c)(g) | 1,500 | | 1,500 |
Series Putters 2864, 0.08% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 4,785 | | 4,785 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
California - continued |
Los Angeles Cmnty. College District Participating VRDN: - continued | | | |
Series ROC II R 11728, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | $ 7,040 | | $ 7,040 |
Los Angeles Dept. of Wtr. & Pwr. Rev. Participating VRDN Series Putters 3902 Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 3,380 | | 3,380 |
Los Angeles Hbr. Dept. Rev. Participating VRDN Series DB 634, 0.07% 9/6/13 (Liquidity Facility Deutsche Bank AG) (c)(f)(g) | 14,780 | | 14,780 |
Los Angeles Multi-family Hsg. Rev. (Tri-City Hsg. Proj.) Series 1, 0.08% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 1,800 | | 1,800 |
Los Angeles Unified School District Participating VRDN Series Putters 4289, 0.06% 9/3/13 (Liquidity Facility JPMorgan Chase & Co.) (c)(g) | 25,000 | | 25,000 |
Milpitas Multi-family Rev. (Crossing at Montague Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 29,000 | | 29,000 |
Modesto Pub. Fing. Auth. Lease Rev. Series 2008 B, 0.11% 9/6/13, LOC Bank of America NA, VRDN (c) | 16,750 | | 16,750 |
Northern California Pwr. Agcy. Rev. (Hydroelectric #1 Proj.) Series 2008 A, 0.05% 9/6/13, LOC Citibank NA, VRDN (c) | 62,060 | | 62,060 |
Riverside Ctfs. of Prtn. (Riverside Renaissance Proj.) Series 2008, 0.08% 9/6/13, LOC Bank of America NA, VRDN (c) | 65,750 | | 65,750 |
San Diego County Wtr. Auth. Wtr. Rev. Participating VRDN Series WF 08 29C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (c)(g) | 21,980 | | 21,980 |
San Francisco City and County Fin. Corp. Lease Rev. (Moscone Ctr. Expansion Proj.) Series 2008-1, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | 21,590 | | 21,590 |
San Jose Multi-family Hsg. Rev. (Las Ventanas Apts. Proj.) Series 2008 B, 0.05% 9/6/13, LOC Freddie Mac, VRDN (c) | 5,000 | | 5,000 |
San Juan Capistrano Gen. Oblig. Participating VRDN Series Putters 3646, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 10,050 | | 10,050 |
Santa Clara County Fing. Auth. Rev. (El Camino Hosp. Proj.) Series 2009 A, 0.05% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 8,580 | | 8,580 |
Stanislaus County Cap. Impts. Fing. Auth. Rev. Series 2004, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | 9,070 | | 9,070 |
Univ. of California Revs. Participating VRDN Series Floaters 09 7C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (c)(g) | 8,600 | | 8,600 |
| | 699,555 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Colorado - 1.8% |
Adams County Hsg. Auth. (Semper Village Apts. Proj.) Series 2004 A, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | $ 14,000 | | $ 14,000 |
Aurora Hsg. Auth. Multi-family Hsg. Rev. (Liberty Creek Proj.) Series 2008, 0.09% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 27,580 | | 27,580 |
Aurora Multi-family Hsg. Rev. (Aurora Meadows Apts. Proj.) Series 1996, 0.09% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 13,400 | | 13,400 |
Colorado Edl. & Cultural Facilities Auth. Rev. (Clyfford Still Museum Proj.) Series 2008, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 2,005 | | 2,005 |
Colorado Health Facilities Auth. Retirement Hsg. Rev. Participating VRDN Series Putters 1390, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 38,265 | | 38,265 |
Colorado Health Facilities Auth. Rev. (Boulder Cmnty. Hosp. Proj.) Series 2000, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 28,945 | | 28,945 |
Colorado Hsg. & Fin. Auth. Solid Waste Rev.: | | | |
(Waste Mgmt., Inc. Proj.) 0.1% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 7,000 | | 7,000 |
(Waste Mgmt., Inc. Proj.) 0.11% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 14,160 | | 14,160 |
Colorado Reg'l. Trans. District Sales Tax Rev. Participating VRDN: | | | |
Series EGL 07 0036, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 29,700 | | 29,700 |
Series EGL 07 0037, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 16,830 | | 16,830 |
Series EGL 07 0038, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 36,165 | | 36,165 |
Series EGL 07 0040, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 30,610 | | 30,610 |
Series ROC II R 12312, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 3,700 | | 3,700 |
Colorado State Univ. Board of Governors Enterprise Sys. Rev. Participating VRDN Series MS 3316, 0.06% 9/6/13 (Liquidity Facility Cr. Suisse) (c)(g) | 14,030 | | 14,030 |
Colorado Univ. Co. Hosp. Auth. Rev.: | | | |
Series 2004 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 53,230 | | 53,230 |
Series 2008 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 2,640 | | 2,640 |
Series 2008 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 31,870 | | 31,870 |
Series 2011 A, 0.07% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 14,985 | | 14,985 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Colorado - continued |
Denver City & County Indl. Dev. Rev. (Brass Smith/Kevry Proj.) Series 2009, 0.21% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | $ 4,945 | | $ 4,945 |
Denver City & County School District # 1 Participating VRDN Series Putters 4336, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase & Co.) (c)(g) | 7,900 | | 7,900 |
Eclipse Fdg. Trust Custody Rpt. Various States Participating VRDN Series Solar 12 11, 0.07% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 14,865 | | 14,865 |
Fort Collins Indl. Dev. Rev. (Phelps-Tointon Millwork Proj.) Series 1993, 0.52% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 110 | | 110 |
Lakewood Hsg. Auth. Multi-family Rev.: | | | |
(Ridgemoor Apts. Proj.) Series 2003 A, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 13,325 | | 13,325 |
(Timberleaf Apts. Proj.) 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 11,165 | | 11,165 |
Moffat County Poll. Cont. Rev. (Tri-State Generation and Transmission Assoc., Inc. Proj.) Series 2009, 0.08% 9/6/13, LOC Bank of America NA, VRDN (c) | 34,975 | | 34,975 |
RBC Muni. Products, Inc. Trust Participating VRDN Series RBC E 25, 0.09% 9/6/13 (Liquidity Facility Royal Bank of Canada) (c)(f)(g) | 45,490 | | 45,490 |
Univ. of Colorado Enterprise Sys. Rev. Participating VRDN Series ROC II R 14039, 0.08% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 5,865 | | 5,865 |
Westminster County Multi-family Hsg. Rev. (Lakeview Apts. Proj.) Series 1997, 0.09% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,110 | | 7,110 |
| | 524,865 |
Connecticut - 0.3% |
Connecticut Health & Edl. Facilities Auth. Rev.: | | | |
(St. Francis Hosp. & Med. Ctr. Proj.) Series F, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 27,440 | | 27,440 |
(Yale-New Haven Hosp. Proj.): | | | |
Series K1, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 12,200 | | 12,200 |
Series K2, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 3,675 | | 3,675 |
Series L1, 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 6,130 | | 6,130 |
Series L2, 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 8,800 | | 8,800 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Connecticut - continued |
Connecticut Health & Edl. Facilities Auth. Rev.: - continued | | | |
Participating VRDN Series Putters 4295, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase & Co.) (c)(g) | $ 5,870 | | $ 5,870 |
Series 2011 B, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | 13,785 | | 13,785 |
| | 77,900 |
Delaware - 0.3% |
Delaware Econ. Dev. Auth. Rev. (Delmarva Pwr. & Lt. Co. Proj.): | | | |
Series 1987, 0.24% 9/3/13, VRDN (c)(f) | 3,000 | | 3,000 |
Series 1988, 0.24% 9/3/13, VRDN (c)(f) | 13,550 | | 13,550 |
Series 1993 C, 0.26% 9/6/13, VRDN (c) | 4,500 | | 4,500 |
Series 1994, 0.24% 9/3/13, VRDN (c)(f) | 30,000 | | 30,000 |
Series 1999 B, 0.27% 9/6/13, VRDN (c)(f) | 9,900 | | 9,900 |
Delaware Health Facilities Auth. Rev. (Beebe Med. Ctr. Proj.) 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 3,805 | | 3,805 |
Wilmington Adjustable Rate Demand Rev. (Delaware Art Museum, Inc. Proj.) 0.07% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 12,400 | | 12,400 |
| | 77,155 |
District Of Columbia - 0.6% |
District of Columbia Hsg. Fin. Agcy. Multi-family Hsg. Rev. (Trenton Park Apts. Proj.) Series 2001, 0.11% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 5,665 | | 5,665 |
District of Columbia Income Tax Rev. Participating VRDN: | | | |
Series Putters 3369, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 1,000 | | 1,000 |
Series Putters 4020, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 7,250 | | 7,250 |
Series WF 11 145C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | 13,345 | | 13,345 |
District of Columbia Rev.: | | | |
(Fort Lincoln New Town/Premium Distributors LLC Proj.) Series 2000, 0.21% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 6,665 | | 6,665 |
(Friends Legal Svcs. Corp. Proj.) 0.12% 9/6/13, LOC Bank of America NA, VRDN (c) | 9,460 | | 9,460 |
(Medlantic/Helix Proj.) Series 1998 A Tranche II, 0.05% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 18,950 | | 18,950 |
(The AARP Foundation Proj.) Series 2004, 0.06% 9/6/13, LOC Bank of America NA, VRDN (c) | 11,900 | | 11,900 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
District Of Columbia - continued |
District of Columbia Rev.: - continued | | | |
(Washington Drama Society, Inc. Proj.) Series 2008, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | $ 34,570 | | $ 34,570 |
(World Wildlife Fund Proj.) Series 2010, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 9,810 | | 9,810 |
District of Columbia Univ. Rev.: | | | |
(American Univ. Proj.): | | | |
Series 2006 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 2,925 | | 2,925 |
Series 2006 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 31,100 | | 31,100 |
(Georgetown Univ. Proj.) Series 2007 B2, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 5,500 | | 5,500 |
| | 158,140 |
Florida - 3.5% |
Brevard County Hsg. Fin. Auth. (Manatee Cove Apts. Proj.) 0.11% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 10,455 | | 10,455 |
Broward County Fin. Auth. Multi-family Hsg. Rev.: | | | |
(Pinnacle Village Apts. Proj.) Series 2004, 0.07% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 6,400 | | 6,400 |
(Sanctuary Apts Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 16,220 | | 16,220 |
Broward County Port Facilities Rev. (Port Everglades Proj.) Series 2008, 0.11% 9/6/13, LOC Bank of Nova Scotia, VRDN (c)(f) | 8,630 | | 8,630 |
Collier County Health Facilities Auth. Health Facilities Rev. (Moorings, Inc. Proj.) Series 2008, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 6,065 | | 6,065 |
Collier County Hsg. Fin. Auth. Multi-family Rev.: | | | |
(Sawgrass Pines Apts. Proj.) 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 6,800 | | 6,800 |
(Summer Lakes Phase II Apts. Proj.) 0.11% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 18,085 | | 18,085 |
Florida Board of Ed. Pub. Ed. Cap. Outlay Participating VRDN: | | | |
Series BA 08 1059, 0.07% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 4,165 | | 4,165 |
Series EGL 07 48, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 21,445 | | 21,445 |
Series Putters 3834 Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 9,000 | | 9,000 |
Series ROC II R 11884X, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 13,600 | | 13,600 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Florida - continued |
Florida Dept. of Trans. Tpk. Rev. Participating VRDN: | | | |
Series BC 13 4WX, 0.08% 9/6/13 (Liquidity Facility Barclays Bank PLC) (c)(g) | $ 6,000 | | $ 6,000 |
Series Solar 07 30, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 22,000 | | 22,000 |
Florida Hsg. Fin. Agcy. Rev.: | | | |
(Bainbridge Club Apt. Proj.) Series M, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 5,270 | | 5,270 |
(Banyan Bay Apts. Proj.) Series 1995 M, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 8,350 | | 8,350 |
Florida Hsg. Fin. Corp. Multi-family Mtg. Rev.: | | | |
(Avalon Reserve Apts. Proj.) Series 2003 R1, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 14,470 | | 14,470 |
(Clarcona Groves Apts. Proj.) Series A, 0.08% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 8,700 | | 8,700 |
(Collins Cove Sr. Apts. Proj.) Series 2003 W, 0.08% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 5,300 | | 5,300 |
(Grande Court at North Port Apts. Proj.) Series 2004 E, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 5,500 | | 5,500 |
(Hunters Run Apts. Proj.) Series G, 0.1% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,900 | | 7,900 |
(Lynn Lake Apts. Proj.) Series B1, 0.08% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 20,210 | | 20,210 |
(Mill Creek Apts. Proj.) Series 2004 K, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 14,500 | | 14,500 |
(Pinnacle Grove Apts. Proj.) Series 2003 A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,450 | | 7,450 |
(Riverwalk I Apts. Proj.) Series 2008 E, 0.08% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 4,955 | | 4,955 |
(Savannah Springs Apts. Proj.) Series G, 0.11% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 6,975 | | 6,975 |
(Sterling Palms Apts. Proj.) Series F, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 14,170 | | 14,170 |
Florida Hsg. Fin. Corp. Rev.: | | | |
(Tuscany Lakes Apts. Proj.) Series 2002 K1, 0.11% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 4,000 | | 4,000 |
(Valencia Village Apts. Proj.) Series G, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 11,550 | | 11,550 |
(Waterford Pointe Apts. Proj.) Series 2000 E1, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 8,155 | | 8,155 |
Florida Muni. Pwr. Agcy. Rev. (All-Requirements Pwr. Supply Proj.) Series 2008 C, 0.08% 9/3/13, LOC Bank of America NA, VRDN (c) | 32,500 | | 32,500 |
Fort Myers Util. Sys. Rev. Participating VRDN Series Solar 06 53, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 12,535 | | 12,535 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Florida - continued |
Highlands County Health Facilities Auth. Rev. Participating VRDN Series ROCS II R 11830, 0.08% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | $ 8,375 | | $ 8,375 |
Hillsborough County Hsg. Fin. Auth. Multi-family Rev.: | | | |
(Claymore Crossings Apt. Proj.) Series 2005, 0.11% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 10,770 | | 10,770 |
(Grande Oaks Apts. Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,200 | | 7,200 |
(Hunters Run Apts. Proj.) Series 2002 A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 8,380 | | 8,380 |
(Meridian Pointe Apts. Proj.) Series 2005, 0.11% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 11,700 | | 11,700 |
(Mobley Park Apts. Proj.) Series A, 0.08% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 7,390 | | 7,390 |
(Morgan Creek Apts. Proj.) Series 2003, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 12,700 | | 12,700 |
(Royal Palm Key Apts. Proj.) Series 2002, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 8,780 | | 8,780 |
Hillsborough County Indl. Dev. Auth. Indl. Dev. Rev. (Vigo Importing Co. Proj.) Series 1996, 0.43% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 505 | | 505 |
Jacksonville Econ. Dev. Commission Indl. Dev. Rev. (STI Proj.) Series 2002, 0.26% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 7,350 | | 7,350 |
Jacksonville Elec. Auth. Elec. Sys. Rev. Participating VRDN Series BA 09 1209X, 0.1% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 5,310 | | 5,310 |
Jacksonville Hsg. Fin. Auth. Multi-family Hsg. Rev. (Brookwood Forest Apts. Proj.) 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 9,000 | | 9,000 |
Jacksonville Port Auth. Rev. (Mitsui O.S.K. Lines Ltd. Proj.) 0.08% 9/6/13, LOC Sumitomo Mitsui Banking Corp., VRDN (c)(f) | 80,470 | | 80,470 |
Lee County Hsg. Fin. Auth. Multi-family Hsg. Rev. (Univ. Club Apts. Proj.) Series A, 0.11% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,500 | | 7,500 |
Lee Memorial Health Sys. Hosp. Rev. Series 2009 C, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 6,340 | | 6,340 |
Miami-Dade County Hsg. Fin. Auth. Multi-family Mtg. Rev. (22nd Avenue Apts., 183rd Street Apts. & 187th Street Apts. Proj.) Series 2003 3, 0.11% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 15,500 | | 15,500 |
Miami-Dade County Indl. Dev. Auth. Rev. (Tarmac America Proj.) Series 2004, 0.11% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 10,600 | | 10,600 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Florida - continued |
Ocean Hwy. & Port Auth. Rev. 0.12% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | $ 4,500 | | $ 4,500 |
Orange County Health Facilities Auth. Rev. (The Nemours Foundation Proj.) Series 2009 B, 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 26,010 | | 26,010 |
Orange County Hsg. Fin. Auth. Multi-family Rev.: | | | |
(Alta Westgate Apts. Proj.) Series C, 0.11% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 12,760 | | 12,760 |
(Glenn Millenia Proj.) Series 2001 C, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 3,400 | | 3,400 |
(Osprey Ridge Apts. Proj.) Series 2000 H, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,260 | | 7,260 |
Orlando Utils. Commission Util. Sys. Rev. Participating VRDN Series Putters 4148, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 27,370 | | 27,370 |
Osceola County Hsg. Fin. Auth. Multi-family Rev. (Regatta Bay Apts. Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 12,920 | | 12,920 |
Palm Beach County Hsg. Fin. Auth. Multi-family Hsg. Rev. (Renaissance Apts. Proj.) 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 20,700 | | 20,700 |
Palm Beach County Rev.: | | | |
(Benjamin Private School Proj.) 0.07% 9/6/13, LOC Northern Trust Co., VRDN (c) | 5,745 | | 5,745 |
(Hospice of Palm Beach Proj.) Series 2001, 0.07% 9/6/13, LOC Northern Trust Co., VRDN (c) | 3,000 | | 3,000 |
(Raymond F. Kravis Ctr. Proj.) Series 2002, 0.06% 9/6/13, LOC Northern Trust Co., VRDN (c) | 3,145 | | 3,145 |
(Saint Andrew's School of Boca Raton, Inc. Proj.) Series 2007, 0.11% 9/6/13, LOC Bank of America NA, VRDN (c) | 10,300 | | 10,300 |
(The Norton Gallery and School of Arts, Inc. Proj.) Series 2000, 0.17% 9/6/13, LOC Bank of America NA, VRDN (c) | 11,400 | | 11,400 |
Palm Beach County Solid Waste Auth. Rev. Participating VRDN Series ROC II 14003, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 6,400 | | 6,400 |
Palm Beach County Wtr. & Swr. Rev. Participating VRDN Series Putters 2622, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 1,000 | | 1,000 |
Pasco County School Board Ctfs. of Prtn. Series 2008 C, 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 67,950 | | 67,950 |
Pinellas County Health Facilities Auth. Rev.: | | | |
(BayCare Health Sys. Proj.) Series 2009 A3, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 20,375 | | 20,375 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Florida - continued |
Pinellas County Health Facilities Auth. Rev.: - continued | | | |
(Suncoast Hospice Proj.) Series 2004, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | $ 13,565 | | $ 13,565 |
Polk County Hsg. Fin. Auth. Multi-family Hsg. Rev. (Cambridge Cove Apts. Proj.) Series 2001, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,800 | | 7,800 |
RBC Muni. Products, Inc. Trust Participating VRDN Series RBC E 43, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada) (c)(g) | 14,800 | | 14,800 |
Sunshine State Govt. Fing. Commission Rev. (Miami-Dade County Prog.): | | | |
Series 2010 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 44,750 | | 44,750 |
Series 2010 B, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 59,550 | | 59,550 |
Series 2011 C, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 20,500 | | 20,500 |
USF College of Medicine Health Facilities Series 2006 A1, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 13,720 | | 13,720 |
USF Fing. Corp. Ctfs. of Prtn.: | | | |
(College of Medicine Health Facilities Lease Prog.) Series 2006 A2, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 20,830 | | 20,830 |
Series 2007, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 15,055 | | 15,055 |
| | 1,014,030 |
Georgia - 1.9% |
Atlanta Urban Residential Fin. Auth. Multi-family Hsg. Rev.: | | | |
(Capitol Gateway Apts. Proj.) Series 2005, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 8,475 | | 8,475 |
(Carver Redev. Proj.) Series 2000, 0.27% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 3,815 | | 3,815 |
(Collegetown at Harris Homes Phase I Proj.) Series 2003, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,230 | | 7,230 |
Bartow County Dev. Auth. Poll. Cont. Rev. (Georgia Pwr. Co. Plant Bowen Proj.) Second Series 1998, 0.1% 9/3/13, VRDN (c)(f) | 11,400 | | 11,400 |
Bulloch County Dev. Auth. Indl. Dev. Rev. (Gold Kist, Inc. Proj.) Series 1995, 0.21% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 4,000 | | 4,000 |
Burke County Indl. Dev. Auth. Poll. Cont. Rev.: | | | |
(Georgia Pwr. Co. Plant Vogtle Proj.) Second Series 1995, 0.09% 9/3/13, VRDN (c) | 47,970 | | 47,970 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Georgia - continued |
Burke County Indl. Dev. Auth. Poll. Cont. Rev.: - continued | | | |
(Oglethorpe Pwr. Corp. Proj.) Series 2010 A, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | $ 46,800 | | $ 46,800 |
Canton Hsg. Auth. Multi-family Hsg. Rev. (Alta Ridgewalk Apts. Proj.) Series 2003, 0.08% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 20,450 | | 20,450 |
Clarke County Indl. Dev. Auth. Hosp. Facilities Rev. Participating VRDN Series Solar 07 31, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 16,110 | | 16,110 |
Cobb County Kennestone Hosp. Auth. Rev. (WellStar Health Sys. Proj.) Series 2005 A, 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 44,400 | | 44,400 |
Covington Hsg. Auth. Multi-family Rev. (Wellington Ridge Apt. Proj.) 0.08% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 8,955 | | 8,955 |
DeKalb County Hsg. Auth. Multi-family Hsg. Rev. (Eagles Trace Apts. Proj.) Series 1996, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,250 | | 7,250 |
Georgia Gen. Oblig. Participating VRDN Series WF 08 12C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (c)(g) | 14,465 | | 14,465 |
Gwinnett County Dev. Auth. Indl. Dev. Rev. (Curtis 1000, Inc. Proj.) Series 1996, 0.09% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 6,460 | | 6,460 |
Gwinnett County Hsg. Auth. Multi-family Hsg. Rev. (Herrington Woods Apt. Proj.) Series 1996 A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 10,335 | | 10,335 |
Gwinnett County Wtr. & Swr. Auth. Rev. Participating VRDN Series ROC II R 11910, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 4,115 | | 4,115 |
Heard County Dev. Auth. Poll. Cont. Rev. (Oglethorpe Pwr. Corp. Scherer Proj.) Series 2009 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 3,600 | | 3,600 |
Kennesaw Dev. Auth. Multi-family Hsg. Rev. (Alta Ridenour Apts. Proj.) Series 2008, 0.08% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 7,350 | | 7,350 |
Loganville Hsg. Auth. Multi-family Hsg. Rev. (Alexander Crossing Apt. Proj.) 0.08% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 15,555 | | 15,555 |
Main Street Natural Gas, Inc. Georgia Gas Proj. Rev. Series 2010 A, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada), VRDN (c) | 50,040 | | 50,040 |
Metropolitan Atlanta Rapid Transit Auth. Sales Tax Rev. Series 2000 B, 0.08% 9/6/13, LOC PNC Bank NA, VRDN (c) | 38,785 | | 38,785 |
Monroe County Dev. Auth. Poll. Cont. Rev.: | | | |
(Oglethorpe Pwr. Corp. Proj.) Series 2009 B, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 12,000 | | 12,000 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Georgia - continued |
Monroe County Dev. Auth. Poll. Cont. Rev.: - continued | | | |
(Oglethorpe Pwr. Corp. Scherer Proj.) Series 2009 A, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | $ 10,940 | | $ 10,940 |
Newnan Dev. Auth. Multi-family Hsg. Rev. (The Club at Newnan Crossing Proj.) 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 9,700 | | 9,700 |
Private Colleges & Univs. Auth. Rev. Participating VRDN: | | | |
Series BC 13 20U, 0.08% 9/6/13 (Liquidity Facility Barclays Bank PLC) (c)(g) | 4,000 | | 4,000 |
Series WF 11 32C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | 5,800 | | 5,800 |
Richmond County Dev. Auth. Rev. (MCG Health, Inc. Proj.) Series 2008 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 54,385 | | 54,385 |
Roswell Hsg. Auth. Multi-family Hsg. Rev.: | | | |
(Azalea Park Apts. Proj.) Series 1996, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c) | 1,400 | | 1,400 |
(Rosemont Apts. Proj.) 0.08% 9/6/13, LOC Freddie Mac, VRDN (c) | 9,385 | | 9,385 |
Savannah Econ. Dev. Auth. Rev. (Home Depot, Inc. Proj.) Series 1995 A, 0.21% 9/6/13, VRDN (c)(f) | 57,400 | | 57,400 |
Sugar Hill Hsg. Auth. Multi-family Rev. (Level Creek Apts. Proj.) Series 1997, 0.07% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 11,290 | | 11,290 |
| | 553,860 |
Hawaii - 0.2% |
Eclipse Fdg. Trust Custody Rpt. Various States Participating VRDN Series Solar 12 14, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 14,355 | | 14,355 |
Hawaii Dept. of Budget & Fin. Spl. Purp. Rev. (Queen's Health Sys. Proj.): | | | |
Series 2009 A, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | 16,080 | | 16,080 |
Series 2009 B, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | 10,810 | | 10,810 |
Hawaii Gen. Oblig. Participating VRDN Series MT 4718, 0.09% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 1,340 | | 1,340 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Hawaii - continued |
Hawaii State Hsg. Fin. & Dev. Corp. Rev. (Lokahi Kau Apts. Proj.) Series 2008, 0.05% 9/6/13, LOC Freddie Mac, VRDN (c) | $ 6,160 | | $ 6,160 |
Honolulu City and County Wastewtr. Sys. Participating VRDN Series ROC II R 11989, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 4,005 | | 4,005 |
| | 52,750 |
Idaho - 0.2% |
Idaho Hsg. & Fin. Assoc. Single Family Mtg.: | | | |
(Single Family Mtg. Proj.): | | | |
Series 2001 A, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 5,945 | | 5,945 |
Series 2001 E, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 5,355 | | 5,355 |
Series 2000 F, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 3,665 | | 3,665 |
Series 2001 B, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 3,755 | | 3,755 |
Series 2001 C, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 5,715 | | 5,715 |
Series 2001 D1, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 1,000 | | 1,000 |
Series 2002 C, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 6,210 | | 6,210 |
Series 2002, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 8,650 | | 8,650 |
Series 2004 A, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 5,700 | | 5,700 |
Series 2006 G, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 6,360 | | 6,360 |
| | 52,355 |
Illinois - 3.9% |
Carol Stream Multi-family Rev. (Saint Charles Square Proj.) Series 1997, 0.09% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 1,800 | | 1,800 |
Chicago Board of Ed. Series 2000 B, 0.07% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 23,000 | | 23,000 |
Chicago Gen. Oblig.: | | | |
Letter of Cr. Enhanced Participating VRDN Series Solar 06 38, 0.11% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 7,595 | | 7,595 |
Series 2005 D2, 0.06% 9/3/13, LOC Northern Trust Co., VRDN (c) | 22,495 | | 22,495 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Illinois - continued |
Chicago Indl. Dev. Rev. (Chicago Scenic Studios, Inc. Proj.) Series 2000, 0.16% 9/6/13, LOC BMO Harris Bank NA, VRDN (c)(f) | $ 2,595 | | $ 2,595 |
Chicago Metropolitan Wtr. Reclamation District Greater Chicago Participating VRDN: | | | |
Series Putters 4360, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 5,000 | | 5,000 |
Series Solar 06 75, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 19,740 | | 19,740 |
Chicago O'Hare Int'l. Arpt. Rev. Series 2005 D, 0.05% 9/6/13, LOC Barclays Bank PLC, VRDN (c) | 60,900 | | 60,900 |
Chicago Park District Gen. Oblig. Participating VRDN Series ROC II R 11935, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 9,375 | | 9,375 |
Chicago Wtr. Rev.: | | | |
Series 2004 A1, 0.15% 9/6/13, LOC California Pub. Employees Retirement Sys., VRDN (c) | 87,915 | | 87,915 |
Series 2004 A2, 0.15% 9/6/13, LOC California Pub. Employees Retirement Sys., VRDN (c) | 59,580 | | 59,580 |
Series 2004 A3, 0.15% 9/6/13, LOC State Street Bank & Trust Co., Boston, VRDN (c) | 17,745 | | 17,745 |
Illinois Dev. Fin. Auth. Indl. Dev. Rev.: | | | |
(Delta-Unibus Corp. Proj.) Series 2001, 0.26% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 3,600 | | 3,600 |
(Mapes & Sprowl Steel Ltd. Proj.) Series 1996 A, 0.31% 9/6/13, LOC BMO Harris Bank NA, VRDN (c)(f) | 452 | | 452 |
(R&R Enterprises 2nd Proj.) Series 1999 A, 0.16% 9/6/13, LOC BMO Harris Bank NA, VRDN (c)(f) | 2,140 | | 2,140 |
Illinois Dev. Fin. Auth. Rev. (Rich Prods. Corp. Proj.) Series 1998, 0.09% 9/6/13, LOC HSBC Bank U.S.A., NA, VRDN (c)(f) | 7,825 | | 7,825 |
Illinois Edl. Facilities Auth. Rev. (Field Museum of Natural History Proj.) Series 2000, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 14,900 | | 14,900 |
Illinois Fin. Auth. Multi-family Rev. (Hidden Glen Apts. Proj.) Series 2007, 0.07% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c)(f) | 7,070 | | 7,070 |
Illinois Fin. Auth. Rev.: | | | |
(Chicago Symphony Orchestra Proj.) Series 2008, 0.08% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c) | 19,540 | | 19,540 |
(Children's Memorial Hosp. Proj.) Series 2008 D, 0.05% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 4,250 | | 4,250 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Illinois - continued |
Illinois Fin. Auth. Rev.: - continued | | | |
(Edward Hosp. Obligated Group Proj.): | | | |
Series 2008 B1, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | $ 36,200 | | $ 36,200 |
Series 2008 B2, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 38,400 | | 38,400 |
Series 2009 A, 0.08% 9/6/13, LOC Bank of America NA, VRDN (c) | 24,500 | | 24,500 |
(Little Co. of Mary Hosp. Proj.): | | | |
Series 2008 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 31,015 | | 31,015 |
Series 2008 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 11,600 | | 11,600 |
(Museum of Science & Industry Proj.): | | | |
Series 2009 A, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | 15,500 | | 15,500 |
Series 2009 C, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 12,870 | | 12,870 |
Series 2009 D, 0.06% 9/6/13, LOC Northern Trust Co., VRDN (c) | 15,500 | | 15,500 |
(OSF Healthcare Sys. Proj.) Series 2009 C, 0.07% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 16,000 | | 16,000 |
(Provena Health Proj.) Series 2010 C, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 20,900 | | 20,900 |
(Rockford Mem. Hosp. Proj.) 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 50,400 | | 50,400 |
(Rush Univ. Med. Ctr. Proj.) Series 2008 A, 0.08% 9/6/13, LOC Northern Trust Co., VRDN (c) | 7,700 | | 7,700 |
(Saint Xavier Univ. Proj.) Series 2008, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c) | 9,775 | | 9,775 |
(Swedish Covenant Hosp. Proj.) Series 2008 A, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 7,300 | | 7,300 |
Participating VRDN: | | | |
Series BA 08 1137, 0.07% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 12,855 | | 12,855 |
Series EGL 06 115, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 5,445 | | 5,445 |
Series MS 3332, 0.06% 9/6/13 (Liquidity Facility Cr. Suisse) (c)(g) | 11,000 | | 11,000 |
Series Putters 3174, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 15,620 | | 15,620 |
Series Putters 3378, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 11,200 | | 11,200 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Illinois - continued |
Illinois Fin. Auth. Rev.: - continued | | | |
Series Putters 3435, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | $ 2,105 | | $ 2,105 |
0.09% 9/6/13 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (c)(g) | 3,300 | | 3,300 |
Series 2009 B, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 15,500 | | 15,500 |
Series 2011 B, 0.08% 9/6/13, LOC PNC Bank NA, VRDN (c) | 10,220 | | 10,220 |
Illinois Hsg. Dev. Auth. Multi-family Hsg. Rev.: | | | |
(Lakeshore Plaza Proj.) Series 2008 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 30,585 | | 30,585 |
(Prairie Station Apts. Proj.) 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 17,900 | | 17,900 |
(Valley View Apts. Proj.) 0.06% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c)(f) | 11,010 | | 11,010 |
0.05% 9/6/13, LOC Freddie Mac, VRDN (c) | 11,600 | | 11,600 |
Illinois Sales Tax Rev. Participating VRDN Series WF 11 125C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | 13,730 | | 13,730 |
Illinois Toll Hwy. Auth. Toll Hwy. Rev.: | | | |
Series 2007 A-2A, 0.06% 9/6/13, LOC Bank of Tokyo-Mitsubishi UFJ Ltd., VRDN (c) | 17,000 | | 17,000 |
Series 2007 A1, 0.07% 9/6/13, LOC Citibank NA, VRDN (c) | 112,000 | | 112,000 |
Lake County Multi-family Hsg. Rev. (Whispering Oaks Apts. Proj.) Series 2008, 0.05% 9/6/13, LOC Freddie Mac, VRDN (c) | 16,650 | | 16,650 |
Lake County Solid Waste Disp. Facilities Rev. (Countryside Landfill, Inc. Proj.) Series B, 0.16% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 4,320 | | 4,320 |
Lisle Village Multi-family Hsg. Rev. (Devonshire of Lisle Proj.) Series 1991, 0.1% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 6,000 | | 6,000 |
Metropolitan Pier & Exposition Participating VRDN: | | | |
Series MS 3220, 0.06% 9/6/13 (Liquidity Facility Cr. Suisse) (c)(g) | 27,900 | | 27,900 |
Series MS 3297, 0.06% 9/6/13 (Liquidity Facility Cr. Suisse) (c)(g) | 5,000 | | 5,000 |
Series MS 3304, 0.08% 9/6/13 (Liquidity Facility Cr. Suisse) (c)(g) | 6,480 | | 6,480 |
Series Putters 3861, 0.09% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 30,375 | | 30,375 |
Series RBC O 42, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada) (c)(g) | 2,500 | | 2,500 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Illinois - continued |
Palos Hills Multi-family Hsg. Rev. (Green Oaks Proj.) Series 1998, 0.11% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | $ 14,300 | | $ 14,300 |
Univ. of Illinois Rev. Series 2008, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 24,890 | | 24,890 |
| | 1,114,662 |
Indiana - 1.5% |
Eclipse Fdg. Trust Custody Rpt. Various States Participating VRDN Series Solar 07 26, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 13,435 | | 13,435 |
Elkhart County Hosp. Auth. Rev. (Elkhart Gen. Hosp. Proj.) Series 2008, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 21,390 | | 21,390 |
Elkhart County Multi-family Hsg. Rev. (Pedcor Investments Proj.) Series 2000, 0.1% 9/6/13, LOC Fed. Home Ln. Bank, Indianapolis, VRDN (c)(f) | 7,333 | | 7,333 |
Hammond Swr. & Solid Waste Disp. Rev. (Cargill, Inc. Proj.) 0.08% 9/6/13, VRDN (c)(f) | 39,000 | | 39,000 |
Indiana Dev. Fin. Auth. Econ. (Archer-Daniels Midland Co. Proj.) Series 2012, 0.05% 9/6/13 (Archer Daniels Midland Co. Guaranteed), VRDN (c) | 5,500 | | 5,500 |
Indiana Dev. Fin. Auth. Envir. Rev. (Duke Energy Indiana, Inc. Proj.) Series 2009 A3, 0.05% 9/6/13, LOC Mizuho Corporate Bank Ltd., VRDN (c) | 32,450 | | 32,450 |
Indiana Dev. Fin. Auth. Poll. Cont. Rev. (Southern Indiana Gas and Elec. Co. Proj.) Series 1998 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 16,000 | | 16,000 |
Indiana Dev. Fin. Auth. Solid Waste Disp. Rev. (Waste Mgmt., Inc. Proj.) Series 2002 B, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 14,000 | | 14,000 |
Indiana Fin. Auth. Health Sys. Rev.: | | | |
(Sisters of Saint Francis Health Svcs., Inc. Obligated Group Proj.): | | | |
Series 2008 B, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 40,770 | | 40,770 |
Series 2008 E, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | 32,700 | | 32,700 |
Series 2008 H, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 33,995 | | 33,995 |
Series 2008 I, 0.05% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 8,000 | | 8,000 |
Participating VRDN Series 3654 Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 15,730 | | 15,730 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Indiana - continued |
Indiana Fin. Auth. Hosp. Rev.: | | | |
Series 2011 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | $ 16,070 | | $ 16,070 |
Series 2011 E, 0.06% 9/6/13, LOC Bank of America NA, VRDN (c) | 3,000 | | 3,000 |
Indiana Fin. Auth. Rev.: | | | |
(DePauw Univ. Proj.) Series 2008 B, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 5,360 | | 5,360 |
Series 2008, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 14,420 | | 14,420 |
Indiana Health & Edl. Facilities Fing. Auth. Rev. Participating VRDN Series Solar 07 63, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 14,975 | | 14,975 |
Indianapolis Econ. Dev. Rev. (Pine Glen Apts. Proj.) 0.09% 9/6/13, LOC Fed. Home Ln. Bank, Cincinnati, VRDN (c)(f) | 6,090 | | 6,090 |
Knox Econ. Dev. Rev. (Toll IN LLC Proj.) 0.11% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 9,435 | | 9,435 |
Lawrenceburg Poll. Cont. Rev. (Indiana Michigan Pwr. Co. Proj.) Series 2008 H, 0.06% 9/6/13, LOC Bank of Nova Scotia, VRDN (c) | 4,000 | | 4,000 |
Marion Econ. Dev. Rev. (Indiana Wesleyan Univ. Proj.) Series 2006, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c) | 15,000 | | 15,000 |
RBC Muni. Products, Inc. Trust Participating VRDN Series RBC E 23, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada) (c)(g) | 20,500 | | 20,500 |
Saint Joseph County Hosp. Auth. Health Sys. Rev. (Memorial Health Sys. Proj.) Series 2008 A, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 31,765 | | 31,765 |
Warrick County Poll. Cont. Rev. (Southern Indiana Gas and Elec. Co. Proj.) Series 1985 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 9,775 | | 9,775 |
| | 430,693 |
Iowa - 0.2% |
Iowa Fin. Auth. Series 2005 C, 0.07% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston), VRDN (c)(f) | 6,260 | | 6,260 |
Iowa Fin. Auth. Midwestern (Archer-Daniels Midland Co. Proj.) Series 2012, 0.05% 9/6/13 (Archer Daniels Midland Co. Guaranteed), VRDN (c) | 17,400 | | 17,400 |
Iowa Fin. Auth. Poll. Cont. Facility Rev. (MidAmerican Energy Proj.) Series 2008 B, 0.08% 9/6/13, VRDN (c) | 14,000 | | 14,000 |
Iowa Fin. Auth. Solid Disp. Waste Rev. (MidAmerican Energy Proj.) Series 2008 A, 0.09% 9/6/13, VRDN (c)(f) | 3,100 | | 3,100 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Iowa - continued |
Iowa Fin. Auth. Wellness Facilities Rev. (Cmnty. Y of Marshalltown Proj.) Series 2001, 0.07% 9/6/13, LOC Northern Trust Co., VRDN (c) | $ 5,600 | | $ 5,600 |
Iowa Higher Ed. Ln. Auth. Rev. (Univ. of Dubuque Proj.): | | | |
Series 2004, 0.1% 9/3/13, LOC Fifth Third Bank, Cincinnati, VRDN (c) | 2,260 | | 2,260 |
Series 2007, 0.1% 9/3/13, LOC Fifth Third Bank, Cincinnati, VRDN (c) | 4,000 | | 4,000 |
| | 52,620 |
Kansas - 0.2% |
Chanute Indl. Dev. Rev. (Ash Grove Cement Co. Proj.) Series 2000, 0.11% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 25,100 | | 25,100 |
Lenexa Multi-family Hsg. Rev. (Meadows Apts. Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 14,630 | | 14,630 |
Univ. of Kansas Hosp. Auth. Health Facilities Rev. (KU Health Sys. Proj.) Series 2004, 0.06% 9/3/13, LOC U.S. Bank NA, Cincinnati, VRDN (c) | 10,440 | | 10,440 |
| | 50,170 |
Kentucky - 1.5% |
Boyd County Sewage & Solid Waste Rev. (Air Products and Chemicals, Inc. Proj.) Series 2003, 0.08% 9/6/13, VRDN (c)(f) | 8,500 | | 8,500 |
Carroll County Envir. Facilities Rev. (Kentucky Utils. Co. Proj.): | | | |
Series 2004 A, 0.06% 9/6/13, LOC Sumitomo Mitsui Banking Corp., VRDN (c)(f) | 38,000 | | 38,000 |
Series 2006 B, 0.07% 9/6/13, LOC Sumitomo Mitsui Banking Corp., VRDN (c)(f) | 32,000 | | 32,000 |
Series 2008 A, 0.07% 9/6/13, LOC Sumitomo Mitsui Banking Corp., VRDN (c)(f) | 74,947 | | 74,947 |
Daviess County Exempt Facilities Rev. (Kimberly-Clark Tissue Co. Proj.) Series 1999, 0.08% 9/6/13 (Kimberly-Clark Corp. Guaranteed), VRDN (c)(f) | 4,870 | | 4,870 |
Daviess County Solid Waste Disp. Facilities Rev. (Scott Paper Co. Proj.): | | | |
Series 1993 A, 0.08% 9/6/13 (Kimberly-Clark Corp. Guaranteed), VRDN (c)(f) | 67,250 | | 67,250 |
Series 1993 B, 0.08% 9/6/13 (Kimberly-Clark Corp. Guaranteed), VRDN (c)(f) | 37,700 | | 37,700 |
Elizabethtown Indl. Bldg. Rev. (Altec Industries, Inc. Proj.) Series 1997, 0.13% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 5,000 | | 5,000 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Kentucky - continued |
Henderson County Indl. Dev. Auth. (Pittsburg Tank & Tower Co. Proj.) 0.09% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c)(f) | $ 100 | | $ 100 |
Kentucky Econ. Dev. Fin. Auth. Hosp. Rev. (St. Elizabeth Med. Ctr., Inc. Proj.) Series 2009 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 18,500 | | 18,500 |
Kentucky Econ. Dev. Fin. Auth. Rev. Series 2005 B, 0.07% 9/6/13, LOC Branch Banking & Trust Co., VRDN (c) | 14,900 | | 14,900 |
Kentucky Hsg. Corp. Conduit Multi-family Mtg. Rev. (Gleneagles Apts. Proj.) 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 9,400 | | 9,400 |
Kentucky Hsg. Corp. Multi-family Rev. (Canterbury Southgate Hsg. Proj.) 0.06% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 12,565 | | 12,565 |
Kentucky Muni. Pwr. Agcy. Pwr. Sys. Rev. Participating VRDN Series Solar 07 107, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 20,460 | | 20,460 |
Larue County Indl. Dev. Rev. (CMH Hodgenville, Inc. Proj.) Series 2000, 0.11% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c)(f) | 6,000 | | 6,000 |
Louisville & Jefferson County Series 2011 A, 0.05% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 26,000 | | 26,000 |
Louisville & Jefferson County Metropolitan Govt. Multi-family Hsg. Rev. (Waterford Place Apts. Proj.) Series 2003, 0.08% 9/6/13, LOC Freddie Mac, VRDN (c) | 12,075 | | 12,075 |
Louisville & Jefferson County Metropolitan Swr. District Swr. & Drain Sys. Rev. Participating VRDN Series Solar 06 87, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 13,400 | | 13,400 |
Mercer County Solid Waste Disp. Facility Rev. (Kentucky Utils. Co. Proj.) Series 2000 A, 0.08% 9/6/13, LOC Sumitomo Mitsui Banking Corp., VRDN (c)(f) | 12,900 | | 12,900 |
Minor Lane Heights Solid Waste Disp. Rev. (Waste Mgmt. of Kentucky, LLC Proj. D) Series 2003, 0.11% 9/6/13, LOC PNC Bank NA, VRDN (c)(f) | 11,000 | | 11,000 |
| | 425,567 |
Louisiana - 1.5% |
East Baton Rouge Parish Pub. Impt. Sales Tax Rev. Series 2008 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 63,640 | | 63,640 |
Louisiana Gas & Fuel Tax Rev. Participating VRDN: | | | |
Series Putters 3806, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 9,990 | | 9,990 |
Series Solar 06 133, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 6,840 | | 6,840 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Louisiana - continued |
Louisiana Hsg. Fin. Auth. Multi-family Hsg. Rev. (The Reserve at Jefferson Proj.) Series 2008, 0.08% 9/6/13, LOC Freddie Mac, VRDN (c) | $ 4,095 | | $ 4,095 |
Louisiana Offshore Term. Auth. Deepwater Port Rev. (LOOP LLC Proj.): | | | |
Series 2003 B, 0.07% 9/3/13, LOC JPMorgan Chase Bank, VRDN (c) | 25,950 | | 25,950 |
Series 2013 B, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 14,900 | | 14,900 |
Louisiana Pub. Facilities Auth. Gulf Opportunity Zone Rev. (Celtic Mgmt. Corp. Proj.) Series 2008, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 14,250 | | 14,250 |
Louisiana Pub. Facilities Auth. Hosp. Rev. (Franciscan Missionaries of Our Lady Health Sys. Proj.) Series 2008 A, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 23,325 | | 23,325 |
Louisiana Pub. Facilities Auth. Rev.: | | | |
(Air Products & Chemicals, Inc. Proj.): | | | |
Series 2002, 0.08% 9/6/13, VRDN (c)(f) | 1,000 | | 1,000 |
Series 2003, 0.08% 9/6/13, VRDN (c)(f) | 15,650 | | 15,650 |
Series 2004, 0.08% 9/6/13, VRDN (c) | 5,900 | | 5,900 |
Series 2008 A, 0.06% 9/3/13, VRDN (c) | 14,900 | | 14,900 |
Series 2009 A, 0.08% 9/6/13, VRDN (c) | 30,735 | | 30,735 |
(C-Port LLC Proj.) Series 2008, 0.12% 9/6/13, LOC Bank of America NA, VRDN (c) | 7,000 | | 7,000 |
Saint James Parish Gen. Oblig.: | | | |
(Nucor Steel Louisiana LLC Proj.) Series 2010 B1: | | | |
0.34% 9/6/13, VRDN (c) | 6,330 | | 6,330 |
0.36% 9/6/13, VRDN (c) | 32,370 | | 32,370 |
(NuStar Logistics, L.P. Proj.): | | | |
Series 2010 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 50,000 | | 50,000 |
Series 2010 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 43,800 | | 43,800 |
Series 2010, 0.06% 9/6/13, LOC Mizuho Corporate Bank Ltd., VRDN (c) | 25,000 | | 25,000 |
Series 2011, 0.06% 9/6/13, LOC Bank of Nova Scotia, VRDN (c) | 40,000 | | 40,000 |
| | 435,675 |
Maine - 0.3% |
Maine Fin. Auth. Solid Waste Disposable Rev. (Casella Waste Systems, Inc. Proj.) 0.11% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 3,600 | | 3,600 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Maine - continued |
Maine Health & Higher Ed. Facilities Auth. Rev.: | | | |
Series 2008 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | $ 28,865 | | $ 28,865 |
Series 2008 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 4,725 | | 4,725 |
Maine Hsg. Auth. Multi-family Dev. Rev. (Park Village Apts. Proj.) 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 23,100 | | 23,100 |
Maine Pub. Util. Fin. Pub. Util. Rev. (Maine Pub. Svc. Co. Proj.) Series 1996, 0.24% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 13,600 | | 13,600 |
Old Town ME Solid Waste Disp. (Georgia-Pacific Corp. Proj.) 0.07% 9/6/13, LOC Bank of Nova Scotia, VRDN (c)(f) | 13,000 | | 13,000 |
| | 86,890 |
Maryland - 0.6% |
Anne Arundel County Gen. Oblig. Participating VRDN Series BBT 08 10, 0.06% 9/6/13 (Liquidity Facility Branch Banking & Trust Co.) (c)(g) | 13,630 | | 13,630 |
Maryland Cmnty. Dev. Administration Dept. of Hsg. & Cmnty. Dev.: | | | |
(Barrington Apts. Proj.) Series A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 12,190 | | 12,190 |
(Parlane Apts. Proj.) Series 2001 C, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 3,400 | | 3,400 |
Maryland Cmnty. Dev. Administration Multi-family Dev. Rev. (Avalon Lea Apt. Proj.) Series 1997, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c) | 2,000 | | 2,000 |
Maryland Health & Higher Edl. Facilities Auth. Rev.: | | | |
(Anne Arundel Health Sys. Proj.) Series 2009 B, 0.08% 9/6/13, LOC Bank of America NA, VRDN (c) | 2,500 | | 2,500 |
(Villa Julie College, Inc. Proj.) Series 2005, 0.06% 9/6/13, LOC Bank of America NA, VRDN (c) | 67,720 | | 67,720 |
Maryland Trans. Auth. Passenger Facility Charge Rev. Series 2012 C, 0.07% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 20,500 | | 20,500 |
Maryland Trans. Auth. Trans. Facility Projects Rev. Participating VRDN: | | | |
Series BA 08 1077, 0.1% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 5,055 | | 5,055 |
Series ROC II R 11437, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 10,000 | | 10,000 |
Montgomery County Hsg. Opportunities Commission Multi-family Hsg. Rev. (Oak Mill II Apts. Proj.) Series 2010 B, 0.11% 9/6/13, LOC Bank of America NA, VRDN (c) | 4,600 | | 4,600 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Maryland - continued |
Montgomery County Hsg. Opportunity Commission Single Family Mtg. Rev.: | | | |
Series 2007 F, 0.07% 9/6/13, LOC PNC Bank NA, VRDN (c)(f) | $ 10,000 | | $ 10,000 |
Series 2008 C, 0.07% 9/6/13, LOC PNC Bank NA, VRDN (c)(f) | 8,450 | | 8,450 |
Washington Suburban San. District Participating VRDN Series WF 11 129C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | 18,285 | | 18,285 |
| | 178,330 |
Massachusetts - 0.4% |
Massachusetts Gen. Oblig. Participating VRDN: | | | |
Series Clipper 07 39, 0.06% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (c)(g) | 2,675 | | 2,675 |
Series Clipper 07 41, 0.09% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (c)(g) | 39,000 | | 39,000 |
Massachusetts School Bldg. Auth. Dedicated Sales Tax Rev. Participating VRDN: | | | |
ROC II R 12193, 0.08% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 4,000 | | 4,000 |
Series Putters 3990, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 2,000 | | 2,000 |
Series Putters 4029, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 2,685 | | 2,685 |
Massachusetts Wtr. Poll. Abatement Trust Participating VRDN: | | | |
Series Clipper 05 36, 0.06% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (c)(g) | 11,835 | | 11,835 |
Series Clipper 06 11, 0.09% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (c)(g) | 59,605 | | 59,605 |
| | 121,800 |
Michigan - 0.9% |
Livonia Econ. Dev. Corp. (Madonna Univ. Proj.) Series 2009, 0.07% 9/6/13, LOC Fed. Home Ln. Bank Chicago, VRDN (c) | 13,350 | | 13,350 |
Michigan Fin. Auth. Rev. Participating VRDN Series Putters 4286, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 4,890 | | 4,890 |
Michigan Higher Ed. Rev. (Univ. of Detroit Mercy Proj.) Series 2007, 0.11% 9/3/13, LOC JPMorgan Chase Bank, VRDN (c) | 4,100 | | 4,100 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Michigan - continued |
Michigan Hosp. Fin. Auth. Rev.: | | | |
(Henry Ford Health Sys. Proj.) Series 2007, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | $ 77,830 | | $ 77,830 |
(McLaren Health Care Corp. Proj.): | | | |
Series 2008 B2, 0.05% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 18,050 | | 18,050 |
Series 2008 B3, 0.05% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 12,300 | | 12,300 |
Michigan Hsg. Dev. Auth. Single Family Mtg. Rev. Series 2007 B, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 25,500 | | 25,500 |
Michigan Strategic Fund Ltd. Oblig. Rev. (Consumers Energy Co. Proj.): | | | |
0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 17,000 | | 17,000 |
0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 33,100 | | 33,100 |
Wayne County Arpt. Auth. Rev.: | | | |
0.12% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 16,300 | | 16,300 |
0.12% 9/6/13, LOC PNC Bank NA, VRDN (c)(f) | 34,900 | | 34,900 |
| | 257,320 |
Minnesota - 0.2% |
Eagan Multi-family Rev. (Thomas Lake Place Apts. Proj.) Series 2003 A1, 0.09% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 6,525 | | 6,525 |
Hennepin County Hsg. & Redev. Auth. Multi-family Rev. (Stone Arch Apts. Proj.) 0.09% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 9,800 | | 9,800 |
Minneapolis Multi-family Rev. (Stone Arch Apt. Proj.) Series 2002, 0.09% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 3,600 | | 3,600 |
Minnesota Gen. Oblig. Participating VRDN Series ROC II R 11538, 0.08% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 10,245 | | 10,245 |
Oak Park Heights Multi-family Rev. 0.06% 9/6/13, LOC Freddie Mac, VRDN (c) | 7,685 | | 7,685 |
St. Paul City Port Auth. District Heating Rev. Series 2009 5O, 0.09% 9/6/13, LOC Deutsche Bank AG, VRDN (c) | 2,600 | | 2,600 |
St. Paul Port Auth. District Cooling Rev. Series 2009 12EE, 0.11% 9/6/13, LOC Deutsche Bank AG, VRDN (c)(f) | 4,700 | | 4,700 |
| | 45,155 |
Mississippi - 0.1% |
Mississippi Bus. Fin. Corp. Rev. (Jackson Med. Mall Foundation Prog.) Series 2008 A, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 7,700 | | 7,700 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Mississippi - continued |
Mississippi Bus. Fin. Corp. Solid Waste Disp. Rev. (Waste Mgmt., Inc. Proj.) 0.11% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | $ 10,000 | | $ 10,000 |
Mississippi Dev. Bank Spl. Oblig. (Harrison County Proj.) Series 2008 A2, 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 14,000 | | 14,000 |
Mississippi Home Corp. Multi-family Hsg. Rev. (Bristol Park Apts. Proj.) Series 2001 1, 0.11% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 7,600 | | 7,600 |
| | 39,300 |
Missouri - 0.8% |
Grandview Indl. Dev. Auth. Multi-family Hsg. Rev. (Briarwood Apts. Proj.) 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 11,900 | | 11,900 |
Missouri Health & Edl. Facilities Series 2013 B, 0.08% 9/3/13, LOC Bank of America NA, VRDN (c) | 5,000 | | 5,000 |
Missouri Health & Edl. Facilities Auth. Edl. Facilities Rev.: | | | |
(Saint Louis Univ. Proj.): | | | |
Series 2008 B1, 0.09% 9/3/13, LOC Bank of America NA, VRDN (c) | 15,800 | | 15,800 |
Series 2008 B2, 0.06% 9/3/13, LOC Bank of America NA, VRDN (c) | 7,900 | | 7,900 |
Participating VRDN: | | | |
Series EGL 07 0001, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 6,000 | | 6,000 |
Series PT 4624, 0.11% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 11,040 | | 11,040 |
Series Putters 3546, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 11,300 | | 11,300 |
Series Putters 3929, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 2,785 | | 2,785 |
Missouri Health & Edl. Facilities Auth. Health Facilities Rev. (SSM Health Care Sys. Proj.) Series 2010 D, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 9,460 | | 9,460 |
Missouri Health & Edl. Facilities Auth. Rev.: | | | |
(Ascension Health Cr. Group Proj.) Series 2003 C2, 0.05% 9/6/13, VRDN (c) | 17,100 | | 17,100 |
(Ascension Health Proj.): | | | |
Series 2003 C3, 0.05% 9/6/13, VRDN (c) | 18,600 | | 18,600 |
Series 2008 C4, 0.05% 9/6/13, VRDN (c) | 21,700 | | 21,700 |
Missouri Highways & Trans. Commission State Road Rev. Participating VRDN Series PT 4625, 0.11% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 10,150 | | 10,150 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Missouri - continued |
RBC Muni. Products, Inc. Trust Participating VRDN Series RBC E 40, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada) (a)(c)(g) | $ 19,500 | | $ 19,500 |
Saint Louis Indl. Dev. Auth.: | | | |
(Metropolitan Lofts Apts. Proj.) Series 2003 A, 0.11% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 27,300 | | 27,300 |
(Saint Luke's Plaza Apts. Proj.) Series 2009, 0.06% 9/6/13 (Liquidity Facility Freddie Mac), VRDN (c) | 1,900 | | 1,900 |
Springfield Pub. Util. Rev. Participating VRDN Series Solar 06 156, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 30,080 | | 30,080 |
| | 227,515 |
Nebraska - 1.1% |
Central Plains Energy Proj. Rev. (Nebraska Gas Proj.) Series 2009, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada), VRDN (c) | 146,020 | | 146,020 |
Douglas County Solid Waste Disp. Rev. (Waste Mgmt., Inc. Proj.) Series A, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 9,000 | | 9,000 |
Nebraska Invt. Fin. Auth. Single Family Hsg. Rev. Series 2010 C, 0.06% 9/6/13 (Liquidity Facility Fed. Home Ln. Bank Topeka), VRDN (c)(f) | 102,375 | | 102,375 |
Nebraska Pub. Pwr. Generation Agcy. Rev. Participating VRDN Series Solar 07 20, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 44,115 | | 44,115 |
Washington County Indl. Dev. Rev. (Cargill Dow Polymers LLC Proj.) Series 2000, 0.05% 9/6/13 (Cargill, Inc. Guaranteed) (The Dow Chemical Co. Guaranteed), LOC Wells Fargo Bank NA, VRDN (c)(f) | 5,400 | | 5,400 |
| | 306,910 |
Nevada - 2.8% |
Clark County Arpt. Rev.: | | | |
Series 2008 A2, 0.07% 9/6/13, LOC State Street Bank & Trust Co., Boston, VRDN (c)(f) | 18,000 | | 18,000 |
Series 2008 B2, 0.05% 9/6/13, LOC State Street Bank & Trust Co., Boston, VRDN (c)(f) | 50,000 | | 50,000 |
Series 2008 C1, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 122,900 | | 122,900 |
Series 2008 C2, 0.27% 9/6/13, LOC Landesbank Baden-Wurttemburg, VRDN (c)(f) | 44,450 | | 44,450 |
Series 2008 C3, 0.27% 9/6/13, LOC Landesbank Baden-Wurttemburg, VRDN (c)(f) | 27,300 | | 27,300 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Nevada - continued |
Clark County Arpt. Rev.: - continued | | | |
Series 2008 D 2A, 0.06% 9/6/13, LOC Citibank NA, VRDN (c) | $ 77,600 | | $ 77,600 |
Series 2008 D1, 0.06% 9/6/13, LOC Citibank NA, VRDN (c) | 38,400 | | 38,400 |
Series 2008 D3, 0.06% 9/6/13, LOC Bank of America NA, VRDN (c) | 39,415 | | 39,415 |
Series 2011 B1, 0.07% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 88,700 | | 88,700 |
Series 2011 B2, 0.07% 9/6/13, LOC Royal Bank of Canada, VRDN (c)(f) | 36,800 | | 36,800 |
Clark County Fuel Tax Participating VRDN: | | | |
Series BA 08 1171, 0.07% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 42,900 | | 42,900 |
Series Putters 3158, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 32,110 | | 32,110 |
Series ROC II R 11507, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 2,400 | | 2,400 |
Clark County Indl. Dev. Rev. (Southwest Gas Corp. Proj.): | | | |
Series 2003 A, 0.11% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 39,200 | | 39,200 |
Series 2009 A, 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 16,000 | | 16,000 |
Clark County McCarran Int'l. Arpt. Passenger Facility Charge Rev. Series 2010 F2, 0.05% 9/6/13, LOC Union Bank NA, VRDN (c) | 69,850 | | 69,850 |
Clark County Wtr. Reclamation District Participating VRDN Series Putters 3355, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 7,500 | | 7,500 |
Eclipse Fdg. Trust Custody Rpt. Various States Participating VRDN Series Solar NV D7, 0.07% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 12,315 | | 12,315 |
Las Vegas Valley Wtr. District Wtr. Impt. Gen. Oblig. Participating VRDN Series Solar 06 93, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 14,000 | | 14,000 |
Nevada Hsg. Division (Horizon Apt. Hsg. Proj.) Series 2000 A, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,410 | | 7,410 |
Reno Hosp. Rev. (Renown Reg'l. Med. Ctr. Proj.) Series 2009 B, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 6,965 | | 6,965 |
| | 794,215 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
New Hampshire - 0.2% |
New Hampshire Bus. Fin. Auth. Ind. Dev. Rev. (Wiggins Airways Proj.) Series 1998, 0.38% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | $ 3,000 | | $ 3,000 |
New Hampshire Bus. Fin. Auth. Resource Recovery Rev. (Wheelabrator Concord Co. LP Proj.) Series 1997 A, 0.07% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 13,800 | | 13,800 |
New Hampshire Bus. Fin. Auth. Rev. (Luminescent Sys., Inc. Proj.) Series 1998, 0.4% 9/6/13, LOC HSBC Bank U.S.A., NA, VRDN (c)(f) | 1,250 | | 1,250 |
New Hampshire Bus. Fin. Auth. Solid Waste Disp. Rev. (Casella Waste Sys., Inc. Proj.) Series 2013, 0.11% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 2,700 | | 2,700 |
New Hampshire Health & Ed. Facilities Auth. Rev.: | | | |
(Exeter Hosp. Obligated Group Proj.) Series 2001 B, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | 7,385 | | 7,385 |
(Frisbie Memorial Hosp. Proj.) Series 2006, 0.07% 9/6/13, LOC TD Banknorth, NA, VRDN (c) | 11,050 | | 11,050 |
New Hampshire Hsg. Fin. Auth. Multi-family Rev. (Pheasant Run Proj.) 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 16,400 | | 16,400 |
| | 55,585 |
New Jersey - 0.1% |
New Jersey Hsg. & Mtg. Fin. Agcy. Multi-family Rev. Series 2008 F, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 7,600 | | 7,600 |
Salem County Poll. Cont. Fin. Auth. Rev. (Pub. Svc. Elec. and Gas Co. Proj.): | | | |
Series 2003 B1, 0.26% 9/6/13, VRDN (c) | 7,900 | | 7,900 |
Series 2012 A, 0.28% 9/6/13, VRDN (c)(f) | 15,000 | | 15,000 |
| | 30,500 |
New Mexico - 0.3% |
New Mexico Muni. Energy Acquisition Auth. Gas Supply Rev. Series 2009, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada), VRDN (c) | 74,460 | | 74,460 |
Rio Rancho Wtr. & Wastewtr. Sys. Rev. Participating VRDN Series Solar 2007 19, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 9,490 | | 9,490 |
Univ. of New Mexico Univ. Revs. Participating VRDN Series ROC II R 11961, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 2,000 | | 2,000 |
| | 85,950 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
New York - 10.1% |
Dutchess County Indl. Dev. Agcy. Civic Facility Rev. (Lutheran Ctr. at Poughkeepsie, Inc. Proj.) 0.17% 9/6/13, LOC KeyBank NA, VRDN (c) | $ 2,400 | | $ 2,400 |
Long Island Pwr. Auth. Elec. Sys. Rev. Subseries 2001 2B, 0.07% 9/3/13, LOC Bayerische Landesbank Girozentrale, VRDN (c) | 3,000 | | 3,000 |
New York City Gen. Oblig.: | | | |
Participating VRDN: | | | |
Series Putters 3196, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 8,425 | | 8,425 |
Series Putters 3282, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 6,650 | | 6,650 |
Series ROC II R 14045, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 5,400 | | 5,400 |
Series 1996 J3, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 17,200 | | 17,200 |
Series 2004 H6, 0.05% 9/6/13, LOC Bank of America NA, VRDN (c) | 15,105 | | 15,105 |
Series 2004 H8, 0.05% 9/6/13 (Liquidity Facility Bank of America NA), VRDN (c) | 2,235 | | 2,235 |
Series 2012 G3, 0.05% 9/6/13 (Liquidity Facility Citibank NA), VRDN (c) | 80,450 | | 80,450 |
New York City Health & Hosp. Corp. Rev. Series 2008 E, 0.05% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 19,795 | | 19,795 |
New York City Hsg. Dev. Corp. Multi-family Mtg. Rev.: | | | |
(89 Murray St. Proj.) Series A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 4,000 | | 4,000 |
(941 Hoe Avenue Apts. Proj.) Series A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 6,660 | | 6,660 |
(Beacon Mews Dev. Proj.) Series 2006 A, 0.1% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 8,000 | | 8,000 |
(Beekman Tower Proj.) Series 2008 A, 0.09% 9/6/13, LOC RBS Citizens NA, VRDN (c) | 26,000 | | 26,000 |
(Courtland Avenue Apts. Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,905 | | 7,905 |
(East 165th Street Proj.) Series A, 0.09% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 7,665 | | 7,665 |
(Intervale Gardens Apts.) Series A, 0.09% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 3,115 | | 3,115 |
(Louis Nine Boulevard Apts. Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,300 | | 7,300 |
(Manhattan Court Dev. Proj.) Series A, 0.09% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 16,500 | | 16,500 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
New York - continued |
New York City Hsg. Dev. Corp. Multi-family Mtg. Rev.: - continued | | | |
(Morris Ave. Apts. Proj.) Series A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | $ 14,700 | | $ 14,700 |
(Peter Cintron Apts. Proj.) Series C, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 4,140 | | 4,140 |
(State Renaissance Court Proj.) Series A, 0.06% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 28,700 | | 28,700 |
(Villa Avenue Apts. Proj.) Series 2006 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 5,990 | | 5,990 |
(West 48th Street Dev. Proj.) Series 2001 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 2,000 | | 2,000 |
New York City Hsg. Dev. Corp. Multi-family Rental Hsg. Rev.: | | | |
(155 West 21st Street Dev. Proj.) Series 2007 A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 8,400 | | 8,400 |
(255 West 9th Street Proj.) Series 2001 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 66,935 | | 66,935 |
(Brittany Dev. Proj.) Series A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 46,000 | | 46,000 |
(Linden Plaza Proj.) Series 2008 A, 0.06% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 67,520 | | 67,520 |
(Morris Avenue Apts. Proj.) Series A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 26,000 | | 26,000 |
(One Columbus Place Dev. Proj.) Series A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 32,915 | | 32,915 |
(Related-Tribeca Tower Proj.) Series 1997 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 15,000 | | 15,000 |
(Rivereast Apts. Proj.) Series A, 0.06% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 4,150 | | 4,150 |
(West 43rd Street Proj.) Series 1999 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 3,300 | | 3,300 |
(West End Towers Proj.) Series 2004 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 16,500 | | 16,500 |
(Westport Dev. Proj.) Series 2004 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 61,000 | | 61,000 |
Series 2002 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 51,500 | | 51,500 |
New York City Hsg. Dev. Corp. Residential Rev. (Montefiore Med. Ctr. Proj.) Series 1993 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 6,600 | | 6,600 |
New York City Indl. Dev. Agcy. Civic Facility Rev. (Casa Proj.) Series 2000, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 13,800 | | 13,800 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
New York - continued |
New York City Indl. Dev. Agcy. Rev. (FC Hanson Office Associates LLC Proj.) Series 2004, 0.06% 9/6/13, LOC Lloyds TSB Bank PLC, VRDN (c) | $ 26,400 | | $ 26,400 |
New York City Muni. Wtr. Fin. Auth. Wtr. & Swr. Sys. Rev.: | | | |
Participating VRDN: | | | |
Series EGL 06 69 Class A, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 16,400 | | 16,400 |
Series EGL 06 74 Class A, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 7,045 | | 7,045 |
Series EGL 07 0157, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 19,800 | | 19,800 |
Series EGL 09 46A, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 19,130 | | 19,130 |
Series Putters 3384, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 3,750 | | 3,750 |
Series Putters 3496Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 7,025 | | 7,025 |
Series ROC II R 11904, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 3,000 | | 3,000 |
Series ROC II R 11931, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 3,750 | | 3,750 |
Series 2008 B3, 0.06% 9/3/13 (Liquidity Facility Bank of America NA), VRDN (c) | 11,000 | | 11,000 |
Series FF, 0.06% 9/3/13 (Liquidity Facility Bank of America NA), VRDN (c) | 24,550 | | 24,550 |
New York City Transitional Fin. Auth. Rev.: | | | |
Participating VRDN: | | | |
Series EGL 07 0019, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 8,865 | | 8,865 |
Series Putters 4043, 0.06% 9/3/13 (Liquidity Facility JPMorgan Chase & Co.) (c)(g) | 16,445 | | 16,445 |
Series Putters 4084Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 3,850 | | 3,850 |
Series ROC II R 11994, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 4,500 | | 4,500 |
Series ROC II R 14049, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 9,200 | | 9,200 |
Series 1999 A2, 0.06% 9/6/13 (Liquidity Facility JPMorgan Chase Bank), VRDN (c) | 20,500 | | 20,500 |
Series 2001 A, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank), VRDN (c) | 31,700 | | 31,700 |
Series 2001 B, 0.09% 9/3/13 (Liquidity Facility Landesbank Baden-Wuert), VRDN (c) | 13,400 | | 13,400 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
New York - continued |
New York City Transitional Fin. Auth. Rev.: - continued | | | |
Series 2003 1E, 0.09% 9/6/13 (Liquidity Facility Bayerische Landesbank Girozentrale), VRDN (c) | $ 11,810 | | $ 11,810 |
Series 2003 C4, 0.06% 9/3/13 (Liquidity Facility Landesbank Hessen-Thuringen), VRDN (c) | 3,650 | | 3,650 |
New York City Trust Cultural Resources Rev.: | | | |
(Lincoln Ctr. for the Performing Arts, Inc. Proj.) Series 2008 A1, 0.06% 9/3/13, LOC JPMorgan Chase Bank, VRDN (c) | 8,100 | | 8,100 |
(The New York Botanical Garden Proj.) Series 2009 A, 0.09% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 20,900 | | 20,900 |
New York Dorm. Auth. Personal Income Tax Rev. Participating VRDN: | | | |
Series Putters 3518, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 2,640 | | 2,640 |
Series ROC II R 14005, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 14,030 | | 14,030 |
New York Dorm. Auth. Revs.: | | | |
(City Univ. Proj.) Series 2008 C, 0.06% 9/6/13, LOC Bank of America NA, VRDN (c) | 113,900 | | 113,900 |
(Rockefeller Univ. Proj.) Series 2009 B, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati), VRDN (c) | 7,475 | | 7,475 |
(Univ. of Rochester Proj.) Series 2003 C, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 39,650 | | 39,650 |
Participating VRDN: | | | |
ROC II R 11944, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 5,150 | | 5,150 |
Series EGL 06 47 Class A, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 15,500 | | 15,500 |
Series EGL 07 0002, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 18,000 | | 18,000 |
Series EGL 07 0066, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 31,025 | | 31,025 |
Series ROC II R 11535, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 3,590 | | 3,590 |
Series ROC II R 11722, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 2,935 | | 2,935 |
Series ROC II R 11943, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 5,580 | | 5,580 |
New York Hsg. Fin. Agcy. Rev.: | | | |
(101 West End Hsg. Proj.): | | | |
Series 1998 A, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 30,800 | | 30,800 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
New York - continued |
New York Hsg. Fin. Agcy. Rev.: - continued | | | |
Series 1999 A, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | $ 52,850 | | $ 52,850 |
(125 West 31st Street Proj.) Series 2005 A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 12,500 | | 12,500 |
(150 East 44th Street Hsg. Proj.): | | | |
Series 2000 A, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 28,500 | | 28,500 |
Series 2001 A, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 2,400 | | 2,400 |
(1500 Lexington Avenue Proj.) Series A, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 4,400 | | 4,400 |
(240 East 39th Street Hsg. Proj.) Series 1997 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 111,800 | | 111,800 |
(250 West 50th Street Hsg. Proj.) Series 1997 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 13,495 | | 13,495 |
(29 Flatbush Ave. Hsg. Proj.) Series 2010 A, 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 21,600 | | 21,600 |
(316 Eleventh Ave. Hsg. Proj.) Series 2007 A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 56,500 | | 56,500 |
(320 West 38th Street Hsg. Proj.) Series 2009 A, 0.05% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 11,375 | | 11,375 |
(330 West 39th Street Hsg. Proj.) Series 2010 A, 0.17% 9/6/13, LOC Bank of America NA, VRDN (c) | 29,200 | | 29,200 |
(360 West 43rd Street Hsg. Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 9,900 | | 9,900 |
(55 West 25th Street Hsg. Proj.) Series 2005 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 105,400 | | 105,400 |
(66 West 38th Street Hsg. Proj.) Series A: | | | |
0.05% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 4,000 | | 4,000 |
0.05% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 44,300 | | 44,300 |
(70 Battery Place Hsg. Proj.) Series 1999 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 10,000 | | 10,000 |
(900 Eighth Avenue Hsg. Proj.) Series 2002 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 59,000 | | 59,000 |
(Avalon Chrystie Place I Hsg. Proj.) Series 2004 B, 0.06% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 51,500 | | 51,500 |
(Biltmore Tower Hsg. Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 43,300 | | 43,300 |
(Chelsea Apts. Proj.) Series 2003 A, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 40,500 | | 40,500 |
(Chelsea Arms Hsg. Proj.) Series 1998 A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,000 | | 7,000 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
New York - continued |
New York Hsg. Fin. Agcy. Rev.: - continued | | | |
(Clinton Green South Hsg. Proj.) Series 2005 A, 0.08% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | $ 56,800 | | $ 56,800 |
(Clinton Park Phase II Hsg. Proj.) Series 2011 A2, 0.05% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 34,400 | | 34,400 |
(East 39th Street Hsg. Proj.) Series 1999 A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 33,700 | | 33,700 |
(Helena Hsg. Proj.) Series 2003 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 9,000 | | 9,000 |
(Kew Garden Hills Apts. Hsg. Proj.) Series 2003 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 11,170 | | 11,170 |
(Reverend Polite Ave. Apt. Hsg. Proj.) Series 2005 A, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,435 | | 7,435 |
(Sea Park West Hsg. Proj.) Series 2004 A, 0.07% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 12,300 | | 12,300 |
(South Cove Plaza Proj.) Series A, 0.07% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 28,000 | | 28,000 |
(Theatre Row Tower Hsg. Proj.) Series 2001 A, 0.08% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 10,000 | | 10,000 |
(West 20th Street Proj.) Series 2001 A: | | | |
0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 28,875 | | 28,875 |
0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 51,000 | | 51,000 |
(West 23rd Street Hsg. Proj.): | | | |
Series 2001 A, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 26,000 | | 26,000 |
Series 2002 A, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 62,600 | | 62,600 |
(West 33rd Street Hsg. Proj.) Series 2003 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 26,700 | | 26,700 |
(West 38th Street Hsg. Proj.) Series 2002 A, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 16,000 | | 16,000 |
(Worth Street Hsg. Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 20,000 | | 20,000 |
Series 2004 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 52,950 | | 52,950 |
Series 2007 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 62,100 | | 62,100 |
Series 2009 B, 0.05% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 36,885 | | 36,885 |
Series 2011 A2, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 17,700 | | 17,700 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
New York - continued |
New York Hsg. Fin. Svc. Contract Rev.: | | | |
Series 2003 L, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | $ 25,700 | | $ 25,700 |
Series 2003 M1, 0.07% 9/6/13, LOC Bank of America NA, VRDN (c) | 15,065 | | 15,065 |
New York Liberty Dev. Corp. Lib Participating VRDN Series Putters 4083, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 5,910 | | 5,910 |
New York Local Govt. Assistance Corp.: | | | |
Series 2008 B, 0.06% 9/6/13 (Liquidity Facility JPMorgan Chase Bank), VRDN (c) | 4,900 | | 4,900 |
Series 2008 B3V, 0.06% 9/6/13 (Liquidity Facility JPMorgan Chase Bank), VRDN (c) | 70,600 | | 70,600 |
Series 2008 B7V, 0.06% 9/6/13 (Liquidity Facility JPMorgan Chase Bank), VRDN (c) | 49,285 | | 49,285 |
New York Metropolitan Trans. Auth. Rev. Series 2005 A, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 34,000 | | 34,000 |
New York State Energy Research & Dev. Auth. Facilities Rev. (Consolidated Edison Co. of New York, Inc. Proj.): | | | |
Series 2004 C1, 0.06% 9/6/13, LOC Mizuho Corporate Bank Ltd., VRDN (c)(f) | 17,800 | | 17,800 |
Series 2005 A2, 0.06% 9/6/13, LOC Mizuho Corporate Bank Ltd., VRDN (c) | 1,500 | | 1,500 |
New York Thruway Auth. Second Gen. Hwy. & Bridge Trust Fund Participating VRDN Series ROC II R 11997, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 4,800 | | 4,800 |
Triborough Bridge & Tunnel Auth. Revs. Series 2005 B 2A, 0.06% 9/3/13, LOC California Pub. Employees Retirement Sys., VRDN (c) | 3,350 | | 3,350 |
Yonkers Indl. Dev. Agcy. Civic Facility Rev. (Consumers Union of United States, Inc. Proj.) Series 2005, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 16,750 | | 16,750 |
| | 2,880,795 |
New York & New Jersey - 0.5% |
Port Auth. of New York & New Jersey Participating VRDN Series EGL 06 107 Class A, 0.11% 9/6/13 (Liquidity Facility Citibank NA) (c)(f)(g) | 151,450 | | 151,450 |
North Carolina - 1.3% |
BB&T Muni. Trust Participating VRDN Series BBT 08 11, 0.06% 9/6/13 (Liquidity Facility Branch Banking & Trust Co.) (c)(g) | 21,290 | | 21,290 |
Charlotte Ctfs. of Prtn. Participating VRDN Series Putters 4724, 0.06% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 11,680 | | 11,680 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
North Carolina - continued |
Charlotte Int'l. Arpt. Rev.: | | | |
(Charlotte Douglas Int'l. Arpt. Proj.) Series 2008 D, 0.05% 9/6/13, LOC Bank of America NA, VRDN (c) | $ 25,825 | | $ 25,825 |
Series 2010 C, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 6,900 | | 6,900 |
Charlotte Wtr. & Swr. Sys. Rev.: | | | |
Participating VRDN Series BC 09 43W, 0.08% 9/6/13 (Liquidity Facility Barclays Bank PLC) (c)(g) | 5,000 | | 5,000 |
Series 2002 C, 0.06% 9/6/13 (Liquidity Facility Bank of America NA), VRDN (c) | 1,445 | | 1,445 |
Greensboro Combined Enterprise Sys. Rev. Series 2009 B, 0.07% 9/6/13 (Liquidity Facility Bank of America NA), VRDN (c) | 10,000 | | 10,000 |
North Carolina Cap. Facilities Fin. Agcy. Edl. Facilities Rev.: | | | |
(Greensboro College Proj.) 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 2,100 | | 2,100 |
Series 2011, 0.08% 9/6/13, LOC Bank of America NA, VRDN (c) | 19,200 | | 19,200 |
North Carolina Cap. Facilities Fin. Agcy. Rev.: | | | |
Participating VRDN: | | | |
Series EGL 7050060, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 23,150 | | 23,150 |
Series GS 08 9TP, 0.07% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (c)(g) | 23,150 | | 23,150 |
Series ROC II R 11850, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 12,600 | | 12,600 |
Series 2003 C, 0.07% 9/6/13, LOC TD Banknorth, NA, VRDN (c) | 4,960 | | 4,960 |
North Carolina Gen. Oblig. Participating VRDN Series Putters 4350, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase & Co.) (c)(g) | 3,635 | | 3,635 |
North Carolina Med. Care Cmnty. Health Participating VRDN Series BA 08 3509, 0.1% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 4,000 | | 4,000 |
North Carolina Med. Care Commission Health Care Facilities Rev.: | | | |
(WakeMed Proj.): | | | |
Series 2009 B, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 2,000 | | 2,000 |
Series 2009 C, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 26,275 | | 26,275 |
Participating VRDN: | | | |
Series BC 10 31W, 0.08% 9/6/13 (Liquidity Facility Barclays Bank PLC) (c)(g) | 3,625 | | 3,625 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
North Carolina - continued |
North Carolina Med. Care Commission Health Care Facilities Rev.: - continued | | | |
Series ROC II R 11808, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | $ 1,365 | | $ 1,365 |
North Carolina Med. Care Commission Hosp. Rev. (CaroMont Health Proj.) Series 2003 A, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 36,365 | | 36,365 |
Parson County Indl. Facilities and Poll. Cont. Fing. Auth. (CertainTeed Gypsum NC, Inc. Proj.) Series 2010, 0.09% 9/6/13, LOC Cr. Industriel et Commercial, VRDN (c) | 32,630 | | 32,630 |
Piedmont Triad Arpt. Auth. Series 2008 B, 0.09% 9/6/13, LOC Branch Banking & Trust Co., VRDN (c)(f) | 22,975 | | 22,975 |
Raleigh Combined Enterprise Sys. Rev. Participating VRDN Series EGL 07 0010, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 4,950 | | 4,950 |
Raleigh Durham Arpt. Auth. Arpt. Rev. Series 2008 C, 0.06% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c) | 9,665 | | 9,665 |
Reset Optional Ctfs. Trust II-R Participating VRDN Series ROC II R 645, 0.08% 9/3/13 (Liquidity Facility Citibank NA) (c)(g) | 9,625 | | 9,625 |
Sampson County Indl. Facilities & Poll. Cont. Fing. Auth. Envir. Facilities Rev. (Sampson County Disp., Inc. Proj.): | | | |
0.1% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 15,855 | | 15,855 |
0.1% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 4,750 | | 4,750 |
Union County Indl. Facilities & Poll. Cont. Fing. Auth. Indl. Dev. Rev. (Greiner Vacuette NA Proj.) 0.21% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 1,100 | | 1,100 |
Univ. of North Carolina at Chapel Hill Rev. Participating VRDN Series EGL 05 3014 Class A, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 28,900 | | 28,900 |
| | 375,015 |
North Dakota - 0.2% |
Cass County Solid Waste Disp. Rev. (Tharaldson Ethanol Plant I, LLC Proj.) Series 2007, 0.36% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 46,500 | | 46,500 |
Hebron Indl. Dev. Rev. (Dacco, Inc. Proj.) 0.15% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c)(f) | 1,180 | | 1,180 |
| | 47,680 |
Ohio - 1.9% |
Akron Bath Copley Hosp. District Rev.: | | | |
(Akron Gen. Health Systems Proj.) Series 2008, 0.09% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 6,500 | | 6,500 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Ohio - continued |
Akron Bath Copley Hosp. District Rev.: - continued | | | |
Series B, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | $ 11,200 | | $ 11,200 |
Allen County Hosp. Facilities Rev. (Catholic Healthcare Partners Proj.) Series 2008 A, 0.08% 9/3/13, LOC Bank of America NA, VRDN (c) | 43,600 | | 43,600 |
Columbus Gen. Oblig. Participating VRDN Series Clipper 08 2, 0.06% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (c)(g) | 7,985 | | 7,985 |
Cuyahoga County Cultural Facilities Rev. (Maltz Museum of Jewish Heritage Proj.) 0.08% 9/6/13, LOC Bank of New York, New York, VRDN (c) | 6,300 | | 6,300 |
Franklin County Health Care Facilities Rev. (Mother Angeline McCrory Manor, Inc. Proj.) Series 2011, 0.09% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 14,510 | | 14,510 |
Hamilton County Hosp. Facilities Rev. (Children's Hosp. Med. Ctr. Proj.): | | | |
Series 1997 A, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 14,900 | | 14,900 |
Series 2000, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 31,300 | | 31,300 |
Hamilton County Student Hsg. Rev. (Block 3 Proj.) Series 2004, 0.17% 9/6/13, LOC Bank of New York, New York, LOC Citizens Bank of Pennsylvania, VRDN (c) | 34,300 | | 34,300 |
Lancaster Port Auth. Gas Rev. 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada), VRDN (c) | 92,620 | | 92,620 |
Middletown Hosp. Facilities Rev. (Atrium Med. Ctr. Obligated Group Proj.) Series 2008 A, 0.09% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 8,305 | | 8,305 |
Ohio Air Quality Dev. Auth. Rev.: | | | |
(Cincinnati Gas & Elec. Co. Proj.): | | | |
Series A, 0.26% 9/6/13, VRDN (c) | 5,400 | | 5,400 |
Series B, 0.15% 9/6/13, VRDN (c) | 21,000 | | 21,000 |
(Dayton Pwr. & Lt. Co. Proj.): | | | |
Series 2008 A, 0.09% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 16,700 | | 16,700 |
Series 2008 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 21,100 | | 21,100 |
Ohio Higher Edl. Facility Commission Rev.: | | | |
(Case Western Reserve Univ. Proj.) Series 2008 A, 0.08% 9/6/13, LOC PNC Bank NA, VRDN (c) | 5,100 | | 5,100 |
(Marietta College Proj.) 0.08% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 4,895 | | 4,895 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Ohio - continued |
Ohio Higher Edl. Facility Commission Rev.: - continued | | | |
(Univ. Hosp. Health Sys. Proj.) Series 2008 D, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | $ 18,575 | | $ 18,575 |
Ohio Hosp. Facilities Rev. Participating VRDN: | | | |
Series Putters 3552, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 3,500 | | 3,500 |
Series Putters 3558, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 2,300 | | 2,300 |
Ohio Hsg. Fin. Agcy. Mtg. Rev.: | | | |
(Mtg.-Backed Securities Prog.): | | | |
Series 2005 B1, 0.08% 9/6/13 (Liquidity Facility Fed. Home Ln. Bank, Cincinnati), VRDN (c)(f) | 10,700 | | 10,700 |
Series 2005 B2, 0.07% 9/6/13 (Liquidity Facility Fed. Home Ln. Bank, Cincinnati), VRDN (c)(f) | 11,300 | | 11,300 |
Series 2005 F, 0.07% 9/6/13 (Liquidity Facility Fed. Home Ln. Bank, Cincinnati), VRDN (c)(f) | 29,200 | | 29,200 |
Series B, 0.07% 9/6/13 (Liquidity Facility Fed. Home Ln. Bank, Cincinnati), VRDN (c)(f) | 16,785 | | 16,785 |
Series 2004 D, 0.07% 9/6/13 (Liquidity Facility Fed. Home Ln. Bank, Cincinnati), VRDN (c)(f) | 1,900 | | 1,900 |
Ohio Hsg. Fin. Agcy. Residential Mtg. Rev. Series 2008 B, 0.07% 9/6/13 (Liquidity Facility Fed. Home Ln. Bank, Cincinnati), VRDN (c)(f) | 12,030 | | 12,030 |
Ohio Wtr. Dev. Auth. (Waste Mgmt., Inc. Proj.) Series B, 0.12% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 2,900 | | 2,900 |
Ohio Wtr. Dev. Auth. Poll. Cont. Facilities Rev.: | | | |
(FirstEnergy Nuclear Generation Corp. Proj.) Series 2006 B, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 26,900 | | 26,900 |
Series 2006 A, 0.08% 9/6/13, LOC UBS AG, VRDN (c) | 52,600 | | 52,600 |
| | 534,405 |
Oregon - 0.6% |
Clackamas County Hosp. Facility Auth. (Legacy Health Sys. Proj.): | | | |
Series 2008 B, 0.05% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c) | 23,850 | | 23,850 |
Series 2008 C, 0.05% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c) | 7,700 | | 7,700 |
Oregon Econ. & Cmnty. Econ. Dev. Rev. (American Bridge Co. Proj.) Series 205, 0.21% 9/6/13, LOC PNC Bank NA, VRDN (c)(f) | 710 | | 710 |
Oregon Gen. Oblig. Participating VRDN Series ROC II R 11949, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 3,615 | | 3,615 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Oregon - continued |
Oregon State Dept. of Administrative Svcs. Lottery Rev. Participating VRDN Series BC 11 5W, 0.08% 9/6/13 (Liquidity Facility Barclays Bank PLC) (c)(g) | $ 6,555 | | $ 6,555 |
Port of Portland Arpt. Rev.: | | | |
Series Eighteen A, 0.09% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c)(f) | 34,510 | | 34,510 |
Series Eighteen B, 0.07% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 55,190 | | 55,190 |
Portland Hsg. Auth. Rev.: | | | |
(New Columbia - Cecelia Proj.) Series 2004, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 3,570 | | 3,570 |
(New Columbia - Trouton Proj.) Series 2005, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 5,780 | | 5,780 |
Portland Multi-family Hsg. Rev. (The Village at Lovejoy Fountain Proj.) Series 2009, 0.1% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 15,000 | | 15,000 |
Salem Hosp. Facility Auth. Rev. (Salem Hosp. Proj.) Series 2008 B, 0.06% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c) | 6,000 | | 6,000 |
Salem-Keizer School District #24J Participating VRDN Series WF 09 4Z, 0.06% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (c)(g) | 17,535 | | 17,535 |
| | 180,015 |
Pennsylvania - 1.3% |
Allegheny County Hosp. Dev. Auth. Rev. (Children's Institute Pittsburgh Proj.): | | | |
Series 2005 A, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 9,200 | | 9,200 |
Series 2005 B, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 7,345 | | 7,345 |
BB&T Muni. Trust Participating VRDN Series BBT 08 1, 0.07% 9/6/13 (Liquidity Facility Branch Banking & Trust Co.) (c)(g) | 1,500 | | 1,500 |
Butler County Gen. Auth. Rev. (Erie School District Proj.) Series 2011, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 5,800 | | 5,800 |
Chester County Health & Ed. Auth. Rev. (Jenner's Pond Proj.) Series 2006, 0.06% 9/6/13, LOC Citizens Bank of Pennsylvania, VRDN (c) | 13,795 | | 13,795 |
Chester County Indl. Dev. Auth. Student Hsg. Rev. (West Chester Univ. Proj.) Series 2008 A1, 0.07% 9/6/13, LOC Citizens Bank of Pennsylvania, VRDN (c) | 12,515 | | 12,515 |
Chester County Intermediate Unit Rev. Series 2003, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 2,155 | | 2,155 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Pennsylvania - continued |
Delaware County Auth. Rev. (White Horse Village Proj.): | | | |
Series 2006 B, 0.11% 9/3/13, LOC Citizens Bank of Pennsylvania, VRDN (c) | $ 1,500 | | $ 1,500 |
Series 2008, 0.11% 9/3/13, LOC Citizens Bank of Pennsylvania, VRDN (c) | 6,110 | | 6,110 |
Econ. Dev. Fin. Auth. Unemployment Compensation Rev. Series 2012 C, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 41,100 | | 41,100 |
Erie County Hosp. Auth. Rev. (Saint Vincent Health Ctr. Proj.) Series 2010 B, 0.08% 9/6/13, LOC Manufacturers & Traders Trust Co., VRDN (c) | 11,340 | | 11,340 |
Geisinger Auth. Health Sys. Rev. Participating VRDN: | | | |
Series Putters 3462, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 11,245 | | 11,245 |
Series Putters 3490Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 4,995 | | 4,995 |
Lawrence County Gen. Oblig. Indl. Dev. Auth. 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 7,950 | | 7,950 |
Luzerne County Convention Ctr. Series 2012, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 6,330 | | 6,330 |
Pennsylvania Econ. Dev. Fing. Auth. Indl. Dev. Rev. Series 1996 D5, 0.21% 9/6/13, LOC PNC Bank NA, VRDN (c)(f) | 600 | | 600 |
Pennsylvania Econ. Dev. Fing. Auth. Manufacturing Facility Rev. (Dodge Realty Partners Proj.) Series 2007, 0.16% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 2,300 | | 2,300 |
Pennsylvania Gen. Oblig. Participating VRDN: | | | |
Series Putters 3350, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 4,505 | | 4,505 |
Series Putters 3352Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 3,590 | | 3,590 |
Pennsylvania Higher Edl. Facilities Auth. Rev.: | | | |
(Holy Family Univ. Proj.) Series 2008, 0.06% 9/6/13, LOC TD Banknorth, NA, VRDN (c) | 6,775 | | 6,775 |
Participating VRDN Series ROC II R 14041, 0.08% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 11,375 | | 11,375 |
Pennsylvania State Pub. School Participating VRDN Series Solar 06 161, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 26,400 | | 26,400 |
Philadelphia Arpt. Rev. Series 2005 C1, 0.07% 9/6/13, LOC TD Banknorth, NA, VRDN (c)(f) | 16,005 | | 16,005 |
Philadelphia Auth. for Indl. Dev. Rev.: | | | |
(Spl. People in Northeast, Inc. Proj.) Series 2006, 0.12% 9/6/13, LOC Citizens Bank of Pennsylvania, VRDN (c) | 1,200 | | 1,200 |
(William Penn Charter School Proj.) Series 2008, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 8,000 | | 8,000 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Pennsylvania - continued |
Pittsburgh Wtr. & Swr. Auth. Wtr. & Swr. Sys. Rev. Series 2008 B1, 0.05% 9/6/13, LOC Bank of America NA, VRDN (c) | $ 46,050 | | $ 46,050 |
RBC Muni. Products, Inc. Trust Participating VRDN: | | | |
Series RBC E 22, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada) (c)(g) | 38,545 | | 38,545 |
Series RBC E 45, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada) (a)(c)(g) | 13,800 | | 13,800 |
Washington County Hosp. Auth. Rev.: | | | |
(Monongahela Valley Hosp. Proj.): | | | |
Series 2011 A, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 2,540 | | 2,540 |
Series 2011 B, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 10,175 | | 10,175 |
(Washington Hosp. Proj.) Series 2007 B, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 17,000 | | 17,000 |
Westmoreland County Indl. Dev. Auth. Rev. (Excela Health Proj.) Series 2010 B, 0.06% 9/6/13, LOC PNC Bank NA, VRDN (c) | 8,330 | | 8,330 |
| | 360,070 |
Rhode Island - 0.1% |
Rhode Island Health and Edl. Bldg. Corp. Higher Ed. Facility Rev.: | | | |
(Bryant Univ. Proj.) Series 2008, 0.07% 9/6/13, LOC TD Banknorth, NA, VRDN (c) | 22,540 | | 22,540 |
(Rhode Island School of Design Proj.) Series 2008 A, 0.05% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 5,175 | | 5,175 |
Rhode Island Indl. Facilities Corp. Indl. Dev. Rev. (NFA Corp. Proj.) Series 1994, 0.38% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 5,000 | | 5,000 |
| | 32,715 |
South Carolina - 0.6% |
Anderson County School District #5 Gen. Oblig. Participating VRDN Series BA 08 1181, 0.07% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 14,650 | | 14,650 |
Florence County Hosp. Rev. (McLeod Reg'l. Med. Ctr. Proj.) Series 2010 B, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 19,960 | | 19,960 |
Horry County School District Participating VRDN Series ROC II R 754 PB, 0.08% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 10,965 | | 10,965 |
Oconee County Poll. Cont. Rev. (Duke Energy Corp. Proj.): | | | |
Series 1999 A, 0.12% 9/3/13, VRDN (c) | 16,400 | | 16,400 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
South Carolina - continued |
Oconee County Poll. Cont. Rev. (Duke Energy Corp. Proj.): - continued | | | |
Series 1999 B, 0.14% 9/3/13, VRDN (c)(f) | $ 2,500 | | $ 2,500 |
South Carolina Jobs-Econ. Dev. Auth. (AnMed Health Proj.): | | | |
Series 2009 A, 0.05% 9/6/13, LOC Branch Banking & Trust Co., VRDN (c) | 4,550 | | 4,550 |
Series 2009 D, 0.05% 9/6/13, LOC Branch Banking & Trust Co., VRDN (c) | 6,355 | | 6,355 |
South Carolina Jobs-Econ. Dev. Auth. Econ. Dev. Rev.: | | | |
(Bon Secours Health Sys. Proj.): | | | |
Series 2008 D, 0.06% 9/6/13, LOC Bank of New York, New York, VRDN (c) | 10,090 | | 10,090 |
0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 50,000 | | 50,000 |
(Chambers Richland Co. Landfill Proj.) Series 1997, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 10,000 | | 10,000 |
(Waste Mgmt. of South Carolina, Inc. Proj.) Series 2003 A, 0.08% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 15,000 | | 15,000 |
South Carolina Jobs-Econ. Dev. Auth. Indl. Rev. (South Carolina Generating Co., Inc. Proj.) Series 2008, 0.1% 9/6/13, LOC Branch Banking & Trust Co., VRDN (c)(f) | 18,600 | | 18,600 |
| | 179,070 |
South Dakota - 0.0% |
South Dakota Hsg. Dev. Auth. (Harmony Heights Proj.) Series 2001, 0.09% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 6,500 | | 6,500 |
Tennessee - 1.4% |
Clarksville Pub. Bldg. Auth. Rev. (Tennessee Muni. Bond Fund Proj.): | | | |
Series 2001, 0.12% 9/3/13, LOC Bank of America NA, VRDN (c) | 19,300 | | 19,300 |
Series 2003, 0.12% 9/3/13, LOC Bank of America NA, VRDN (c) | 12,600 | | 12,600 |
Series 2004, 0.12% 9/3/13, LOC Bank of America NA, VRDN (c) | 13,610 | | 13,610 |
Series 2005, 0.12% 9/3/13, LOC Bank of America NA, VRDN (c) | 25,500 | | 25,500 |
Series 2008, 0.12% 9/3/13, LOC Bank of America NA, VRDN (c) | 56,105 | | 56,105 |
Knox County Health Edl. & Hsg. Facilities Board Hosp. Facilities Rev.: | | | |
Series 2011 A, 0.05% 9/6/13, LOC Bank of America NA, VRDN (c) | 13,000 | | 13,000 |
Series 2011 B, 0.05% 9/6/13, LOC Bank of America NA, VRDN (c) | 28,400 | | 28,400 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Tennessee - continued |
Loudon County Indl. Dev. Board Exempt Facilities Rev. (Kimberly-Clark Corp. Proj.) 0.08% 9/6/13, VRDN (c)(f) | $ 11,600 | | $ 11,600 |
Loudon Indl. Dev. Board Solid Waste Disp. Rev. (Tate & Lyle Ingredients Americas, Inc. Proj.) Series 2006, 0.1% 9/6/13, LOC Rabobank Nederland, VRDN (c)(f) | 29,700 | | 29,700 |
Memphis Health, Edl. & Hsg. Facilities Board: | | | |
(Ashland Lakes Apts. Proj.) Series A, 0.06% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c)(f) | 10,000 | | 10,000 |
(Watergrove Apts. Proj.) Series 2004, 0.06% 9/6/13, LOC Freddie Mac, VRDN (c) | 18,170 | | 18,170 |
Metropolitan Govt. Nashville & Davidson County Health & Edl. Facilities Board (Whispering Oaks Apts. Proj.) 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 15,000 | | 15,000 |
Montgomery County Pub. Bldg. Auth. Pooled Fing. Rev. (Tennessee County Ln. Pool Prog.): | | | |
Series 1999, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c) | 20,300 | | 20,300 |
Series 2002, 0.12% 9/3/13, LOC Bank of America NA, VRDN (c) | 5,620 | | 5,620 |
Series 2004, 0.12% 9/3/13, LOC Bank of America NA, VRDN (c) | 10,850 | | 10,850 |
Series 2006, 0.12% 9/3/13, LOC Bank of America NA, VRDN (c) | 51,660 | | 51,660 |
Nashville and Davidson County Metropolitan Govt. Gen. Oblig. Participating VRDN Series Putters 2631, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 67,475 | | 67,475 |
| | 408,890 |
Texas - 7.5% |
Austin Arpt. Sys. Rev.: | | | |
Series 2005 1, 0.09% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 52,950 | | 52,950 |
Series 2005 2, 0.09% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 57,500 | | 57,500 |
Series 2005 4, 0.08% 9/6/13, LOC Royal Bank of Canada New York Branch, VRDN (c)(f) | 36,100 | | 36,100 |
Austin Independent School District Participating VRDN Series Putters 3554, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 3,505 | | 3,505 |
Austin Wtr. & Wastewtr. Sys. Rev. Participating VRDN: | | | |
Series ROC II R 11992, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 3,860 | | 3,860 |
Series ROC II R 14042, 0.08% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 7,215 | | 7,215 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
Austin Wtr. & Wastewtr. Sys. Rev. Participating VRDN: - continued | | | |
Series WF 11 139C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | $ 20,905 | | $ 20,905 |
Bexar County Gen. Oblig. Participating VRDN Series ROC II R 11791PB, 0.08% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 18,680 | | 18,680 |
Brazos River Auth. Poll. Cont. Rev. (Texas Utils. Elec. Co. Proj.) Series 2001 D2, 0.08% 9/3/13, LOC Citibank NA, VRDN (c)(f) | 20,410 | | 20,410 |
Brazos River Hbr. Navigation District of Brazoria County Envir. Facilities Rev. (Merey Sweeny LP Proj.): | | | |
Series 2000 A, 0.08% 9/3/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 3,800 | | 3,800 |
Series 2002 A: | | | |
0.08% 9/3/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 7,500 | | 7,500 |
0.09% 9/3/13, LOC Bank of America NA, VRDN (c)(f) | 10,200 | | 10,200 |
Brownsville Indl. Dev. Corp. Rev. (Rich-Seapak Corp. Proj.) Series 1997, 0.09% 9/6/13, LOC HSBC Bank U.S.A., NA, VRDN (c)(f) | 6,250 | | 6,250 |
Calhoun County Navigation District Envir. Facilities Rev. (Formosa Plastics Corp. Proj.) 0.07% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 13,775 | | 13,775 |
Calhoun County Navigation District Poll. Cont. Rev. (Formosa Plastics Corp., Texas Proj.) Series 2002, 0.07% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 10,000 | | 10,000 |
Calhoun County Navigation District Port Rev. (Formosa Plastics Corp. Proj.) Series 2000, 0.08% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 5,500 | | 5,500 |
Calhoun County Solid Waste Disp. Rev. (Formosa Plastics Corp. Proj.): | | | |
Series 2000, 0.1% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 12,500 | | 12,500 |
Series 2001, 0.1% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 12,500 | | 12,500 |
Calhoun Port Auth. Envir. Facilities Rev. (Formosa Plastics Corp. Texas Proj.): | | | |
Series 2007 A, 0.07% 9/6/13, LOC PNC Bank NA, VRDN (c)(f) | 47,300 | | 47,300 |
Series 2008, 0.08% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 40,000 | | 40,000 |
Cap. Area Hsg. Fin. Corp. Multi-family Hsg. Rev. (Marble Falls Vistas Apts. Proj.) 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 5,600 | | 5,600 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
Dallas Area Rapid Transit Sales Tax Rev. Participating VRDN Series WF 09 60C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (c)(g) | $ 20,600 | | $ 20,600 |
Dallas Hsg. Fin. Corp. Multi-family Hsg. Rev. (The Masters Apts. Proj.) 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,180 | | 7,180 |
Dallas Wtrwks. & Swr. Sys. Rev. Participating VRDN Series ROC II R 12279, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 23,410 | | 23,410 |
Denton Independent School District Participating VRDN Series Putters 2603, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 7,355 | | 7,355 |
El Paso County Hosp. District Combination Tax and Rev. Participating VRDN Series Solar 06 32, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 19,865 | | 19,865 |
Frisco Independent School District Participating VRDN: | | | |
Series ROC II R 11960, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 6,310 | | 6,310 |
Series WF 11 1C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | 13,600 | | 13,600 |
Gilmer Indl. Dev. Corp. (Duoline Technologies LP Proj.) Series 2008 A, 0.11% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 9,130 | | 9,130 |
Gulf Coast Indl. Dev. Auth. 0.13% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 5,280 | | 5,280 |
Gulf Coast Waste Disp. Auth. Solid Waste Disp. Rev. (Waste Mgmt., Inc. Proj.) Series A, 0.1% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 13,700 | | 13,700 |
Harris County Cultural Ed. Facilities Fin. Corp. Med. Facilities Rev. Series 2012 C, 0.06% 9/6/13, LOC Barclays Bank PLC, VRDN (c) | 17,900 | | 17,900 |
Harris County Cultural Ed. Facilities Fin. Corp. Rev.: | | | |
(Mermann Health Sys. Proj.) Series 2013 C, 0.06% 9/6/13, VRDN (c) | 16,450 | | 16,450 |
(YMCA of the Greater Houston Area Proj.): | | | |
Series 2013 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 28,705 | | 28,705 |
Series 2013 D, 0.06% 9/6/13, VRDN (c) | 22,300 | | 22,300 |
Harris County Gen. Oblig. Participating VRDN Series RBC E 18, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada) (c)(g) | 57,200 | | 57,200 |
Harris County Health Facilities Dev. Corp. Rev. (Saint Dominic Village Proj.) Series 2000, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 2,605 | | 2,605 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
Harris County Hsg. Fin. Corp. Multi-family Hsg. Rev.: | | | |
(Lafayette Village Apts. Proj.) Series 2006, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | $ 6,515 | | $ 6,515 |
(Louetta Village Apts. Proj.) Series 2005, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 6,580 | | 6,580 |
(Primrose Aldine Bender Apt. Proj.) Series 2004, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,510 | | 7,510 |
(Primrose at Bammel Apts. Proj.) Series 2005, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 8,080 | | 8,080 |
(Quail Chase Apts. Proj.) Series 1999, 0.09% 9/6/13, LOC Gen. Elec. Cap. Corp., VRDN (c)(f) | 11,110 | | 11,110 |
(Wellington Park Apts. Proj.) Series 2004, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 12,050 | | 12,050 |
Harris County Indl. Dev. Corp. (HFOTCO LLC Proj.): | | | |
Series 2010, 0.06% 9/6/13, LOC Bank of America NA, VRDN (c) | 75,000 | | 75,000 |
Series 2011, 0.06% 9/6/13, LOC Bank of America NA, VRDN (c) | 50,000 | | 50,000 |
Series 2012, 0.06% 9/6/13, LOC Bank of America NA, VRDN (c) | 51,800 | | 51,800 |
Houston Arpt. Sys. Rev. Series 2010, 0.05% 9/6/13, LOC Barclays Bank PLC, VRDN (c) | 44,055 | | 44,055 |
Houston Higher Ed. Fin. Corp. Higher Ed. Rev. Participating VRDN: | | | |
Series ROC II R 11860, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 6,000 | | 6,000 |
Series WF 11 44C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | 18,155 | | 18,155 |
Houston Hsg. Fin. Corp. Multi-family Hsg. Rev.: | | | |
(Fairlake Cove Apts. Proj.) Series 2005, 0.07% 9/6/13, LOC Citibank NA, VRDN (c)(f) | 9,160 | | 9,160 |
(Little Nell Apts. Proj.) Series 2003, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 12,400 | | 12,400 |
(Mayfair Park Apts. Proj.) Series 2004, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 5,600 | | 5,600 |
Houston Util. Sys. Rev. Participating VRDN: | | | |
Series Putters 4719, 0.06% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 19,305 | | 19,305 |
Series ROC II R 11411, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 9,290 | | 9,290 |
Series ROC II R 12267, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 16,795 | | 16,795 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
Humble Independent School District Participating VRDN Series Solar 06 20, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | $ 28,160 | | $ 28,160 |
Jewett Econ. Dev. Corp. Indl. Dev. Rev. (Nucor Corp. Proj.) 0.39% 9/6/13, VRDN (c)(f) | 12,600 | | 12,600 |
Klein Independent School District Participating VRDN Series ROCS II R 11942, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 5,145 | | 5,145 |
Leander Independent School District Participating VRDN Series BC 10 28W, 0.08% 9/6/13 (Liquidity Facility Barclays Bank PLC) (c)(g) | 2,050 | | 2,050 |
Lovejoy Independent School District Participating VRDN Series DB 514, 0.07% 9/6/13 (Liquidity Facility Deutsche Bank AG) (c)(g) | 10,520 | | 10,520 |
Lower Neches Valley Auth. Indl. Dev. Corp. Exempt Facilities Rev. (Onyx Envir. Svcs. Proj.) Series 2003, 0.11% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 11,950 | | 11,950 |
Mansfield Independent School District Participating VRDN Series PT 4627, 0.11% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 10,805 | | 10,805 |
Montgomery County Hsg. Fin. Corp. Multi-family Hsg. Rev. (Conroe Lodge at Silverdale Apt. Homes Proj.) 0.07% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 7,470 | | 7,470 |
North Central Texas Health Facilities Dev. Corp. Participating VRDN Series WF 09 33C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (c)(g) | 7,200 | | 7,200 |
North East Texas Independent School District Participating VRDN Series EGL 07 0123, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 17,870 | | 17,870 |
North Texas Muni. Wtr. District Wtr. Sys. Rev. Participating VRDN: | | | |
Series BA 08 1174, 0.07% 9/6/13 (Liquidity Facility Bank of America NA) (c)(g) | 9,105 | | 9,105 |
Series ROC II R 593 PB, 0.08% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 19,870 | | 19,870 |
North Texas Tollway Auth. Rev. Series 2011 A, 0.08% 9/6/13, LOC Morgan Stanley Bank, West Valley City Utah, VRDN (c) | 66,760 | | 66,760 |
Northside Independent School District Participating VRDN Series ROC II R 11965, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 3,505 | | 3,505 |
Northwest Texas Independent School District Participating VRDN Series ROC II R 11539, 0.08% 9/6/13 (Liquidity Facility Deutsche Postbank AG) (c)(g) | 11,485 | | 11,485 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
Port Arthur Navigation District Envir. Facilities Rev. (Motiva Enterprises LLC Proj.) Series 2004, 0.09% 9/6/13, VRDN (c)(f) | $ 109,425 | | $ 109,425 |
Port Arthur Navigation District Indl. Dev. Corp. Exempt Facilities Rev.: | | | |
(Air Products Proj.): | | | |
Series 2000, 0.08% 9/6/13, VRDN (c)(f) | 24,000 | | 24,000 |
Series 2001, 0.08% 9/6/13, VRDN (c)(f) | 25,000 | | 25,000 |
Series 2002, 0.08% 9/6/13, VRDN (c)(f) | 14,500 | | 14,500 |
Series 2010 A, 0.06% 9/6/13 (Total SA Guaranteed), VRDN (c) | 1,000 | | 1,000 |
Series 2012, 0.06% 9/6/13 (Total SA Guaranteed), VRDN (c) | 10,000 | | 10,000 |
(Total Petrochemicals and Refining U.S.A., Inc. Proj.) Series 2012 A, 0.06% 9/6/13 (Total SA Guaranteed), VRDN (c) | 34,200 | | 34,200 |
RBC Muni. Products, Inc. Trust Participating VRDN Series RBC E 27, 0.06% 9/6/13 (Liquidity Facility Royal Bank of Canada) (c)(g) | 1,795 | | 1,795 |
Richardson Independent School District Participating VRDN Series Putters 4238, 0.08% 9/6/13 (Liquidity Facility Deutsche Bank AG) (c)(g) | 6,560 | | 6,560 |
Riesel Indl. Dev. Corp. (Sandy Creek Energy Assoc. Proj.): | | | |
0.08% 9/6/13, LOC Cr. Suisse Group, VRDN (c)(f) | 50,000 | | 50,000 |
0.08% 9/6/13, LOC Cr. Suisse Group, VRDN (c)(f) | 50,000 | | 50,000 |
San Antonio Elec. & Gas Sys. Rev. Participating VRDN: | | | |
Series Putters 3344, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 1,700 | | 1,700 |
Series Putters 3560, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 9,015 | | 9,015 |
Series Putters 3688Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 4,570 | | 4,570 |
Series Putters 4356, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 12,500 | | 12,500 |
San Antonio Indl. Dev. Auth. Indl. Dev. Rev.: | | | |
(LGC Bldg. & KLN Steel Proj.) Series 1998, 0.38% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 5,500 | | 5,500 |
(Tindall Corp. Proj.) Series 2008 A, 0.11% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 2,850 | | 2,850 |
San Antonio Pub. Facilities Corp. and Rfdg. Lease Participating VRDN Series CTE 12 3AX, 0.06% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (c)(g) | 6,735 | | 6,735 |
San Antonio Wtr. Sys. Rev. Participating VRDN Series EGL 05 3005 Class A, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 27,500 | | 27,500 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
Spring Branch Independent School District Participating VRDN Series WF 11 140C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | $ 25,355 | | $ 25,355 |
Tarrant County Cultural Ed. Facilities Fin. Corp. Hosp. Rev.: | | | |
(Baylor Health Care Sys. Proj.) Series 2011 D, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 12,870 | | 12,870 |
(Methodist Hospitals of Dallas Proj.) Series 2008, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 90,400 | | 90,400 |
Participating VRDN Series Putters 4363, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 11,625 | | 11,625 |
Tarrant County Health Facilities Dev. Corp. Hosp. Rev. Participating VRDN Series Putters 3894, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 6,750 | | 6,750 |
Tarrant County Health Facilities Dev. Corp. Rev. (Carter Blood Care Proj.) Series 1998, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 2,750 | | 2,750 |
Texas A&M Univ. Rev. Participating VRDN Series ROC II R 11920, 0.07% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 5,865 | | 5,865 |
Texas City Indl. Dev. Corp.: | | | |
(Del Papa Realty Hldgs. LP Proj.) Series 2011, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c) | 13,525 | | 13,525 |
(NRG Energy, Inc. Proj.) Series 2012, 0.11% 9/6/13, LOC Bank of America NA, VRDN (c) | 6,400 | | 6,400 |
Texas Dept. of Hsg. & Cmnty. Affairs Multi-family Hsg. Rev.: | | | |
(Bristol Apts. Proj.) Series 2004, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 11,700 | | 11,700 |
(Chisholm Trail Proj.) Series 2004, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 5,200 | | 5,200 |
(Pinnacle Apts. Proj.) Series 2004, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 13,665 | | 13,665 |
(Residences at Sunset Pointe Proj.) Series 2006, 0.11% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 15,000 | | 15,000 |
(St. Augustine Estate Proj.) Series 2005, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 6,180 | | 6,180 |
(Windshire Apts. Proj.) Series 2007, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 13,600 | | 13,600 |
Series 2004, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 11,500 | | 11,500 |
Series 2006, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 13,990 | | 13,990 |
Texas Gen. Oblig.: | | | |
(Veterans Land Proj.) Series A, 0.07% 9/6/13, VRDN (c)(f) | 18,580 | | 18,580 |
(Veterans' Hsg. Assistance Prog.): | | | |
Fund II Series 2005 B, 0.09% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston), VRDN (c)(f) | 22,400 | | 22,400 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
Texas Gen. Oblig.: - continued | | | |
Fund II Series 2007 A, 0.09% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston), VRDN (c)(f) | $ 37,725 | | $ 37,725 |
Participating VRDN: | | | |
Series DB 448, 0.09% 9/6/13 (Liquidity Facility Deutsche Bank AG) (c)(f)(g) | 5,640 | | 5,640 |
Series EGL 06 0125, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 27,940 | | 27,940 |
Series EGL 07 90, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 37,000 | | 37,000 |
Series Putters 3478, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 4,995 | | 4,995 |
Series Putters 3479, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 11,910 | | 11,910 |
Series Putters 3480, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 7,495 | | 7,495 |
Series 2012 A, 0.06% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston), VRDN (c) | 3,800 | | 3,800 |
Texas State Univ. Sys. Fing. Rev. Participating VRDN Series WF 11 79C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | 6,360 | | 6,360 |
Travis County Hsg. Fin. Corp. (Rosemont at Old Manor Apts.) Series 2004, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 9,485 | | 9,485 |
Univ. of Texas Board of Regents Sys. Rev. Participating VRDN: | | | |
Series Putters 1646, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 13,055 | | 13,055 |
Series WF 11 13C, 0.06% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g) | 16,900 | | 16,900 |
| | 2,148,050 |
Utah - 0.6% |
Carbon County Poll. Cont. Rev. (PacifiCorp Proj.) Series 1994, 0.08% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 7,565 | | 7,565 |
Emery County Poll. Cont. Rev. (PacifiCorp Proj.) Series 1994, 0.07% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 36,800 | | 36,800 |
Salt Lake City Sales Tax Rev. 0.07% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston), VRDN (c) | 2,905 | | 2,905 |
Utah County Hosp. Rev. Participating VRDN Series Putters 274 Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 7,500 | | 7,500 |
Utah Hsg. Corp. Multi-family Hsg. Rev. (Springwood Apts. Proj.) Series 2005 A, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 8,485 | | 8,485 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Utah - continued |
Utah Hsg. Corp. Single Family Mtg. Rev.: | | | |
Series 2002 A, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | $ 4,030 | | $ 4,030 |
Series 2002 B, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 5,330 | | 5,330 |
Series 2002 C2, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 2,100 | | 2,100 |
Series 2002 D, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 6,365 | | 6,365 |
Series 2002 F1, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 6,300 | | 6,300 |
Series 2002 G Class I, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 8,450 | | 8,450 |
Series 2003 A, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 5,720 | | 5,720 |
Series 2003 B, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 6,775 | | 6,775 |
Series 2003 C, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 5,805 | | 5,805 |
Series 2003 E, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 8,180 | | 8,180 |
Series 2003 F, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 4,925 | | 4,925 |
Utah Hsg. Fin. Agcy. Series 2001 A2, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 4,190 | | 4,190 |
Utah State Board of Regents Rev. Participating VRDN Series Solar 06 140, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 30,605 | | 30,605 |
| | 162,030 |
Virginia - 0.5% |
Albemarle County Indl. Dev. Auth. 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 3,165 | | 3,165 |
Albemarle Econ. Dev. Auth. Health Svcs. Rev. (The Univ. of Virginia Health Svcs. Foundation Proj.) Series 2009, 0.08% 9/3/13, LOC Bank of America NA, VRDN (c) | 7,630 | | 7,630 |
Alexandria Redev. & Hsg. Auth. Multi-family Hsg. Rev. (Fairfield Village Square Proj.) Series A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 21,720 | | 21,720 |
Arlington County Indl. Dev. Auth. Multi-family Hsg. Rev. Series A, 0.08% 9/6/13, LOC Freddie Mac, VRDN (c)(f) | 4,000 | | 4,000 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Virginia - continued |
Fairfax County Econ. Dev. Auth. Indl. Dev. Rev. (The Lorton Arts Foundation, Inc. Proj.) Series 2010, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | $ 12,930 | | $ 12,930 |
Fairfax County Indl. Dev. Auth.: | | | |
(Inova Health Sys. Proj.) Series 2005 A2, 0.07% 9/6/13, VRDN (c) | 10,000 | | 10,000 |
Participating VRDN Series MS 3309, 0.06% 9/6/13 (Liquidity Facility Cr. Suisse) (c)(g) | 2,600 | | 2,600 |
Hampton Indl. Dev. Auth. Exempt Facilities Rev. (U.S.A. Waste of Virginia Landfills, Inc. Proj.) Series 2000, 0.11% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 10,000 | | 10,000 |
Hampton Redev. & Hsg. Auth. Multi-family Hsg. Rev. (Avalon Pointe Proj.) Series 1996, 0.09% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 6,387 | | 6,387 |
Hampton Roads Sanitation District Wastewtr. Rev. Series 2011, 0.06% 9/6/13, VRDN (c) | 8,950 | | 8,950 |
Newport News Indl. Dev. Auth. (CNU Warwick LLC Student Apts. Proj.) 0.15% 9/6/13, LOC Bank of America NA, VRDN (c) | 3,630 | | 3,630 |
Prince William County Indl. Dev. Auth. Sewage Disp. Facilities Rev. (Dale Svc. Corp. Proj.): | | | |
Series 2000, 0.11% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 4,300 | | 4,300 |
Series 2001, 0.11% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 4,050 | | 4,050 |
Series 2006, 0.11% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | 5,450 | | 5,450 |
Sussex County Indl. Dev. Auth. Solid Waste Disp. Rev. (Atlantic Waste Disp. Proj.) 0.11% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c)(f) | 10,000 | | 10,000 |
Virginia Hsg. Dev. Auth. Participating VRDN Series Merlots 06 C3, 0.11% 9/6/13 (Liquidity Facility Wells Fargo Bank NA) (c)(f)(g) | 4,190 | | 4,190 |
Virginia Pub. School Auth. Participating VRDN Series CTE 05 38, 0.06% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (c)(g) | 17,955 | | 17,955 |
Virginia Resources Auth. Clean Wtr. Rev. Participating VRDN Series ROC II R 11923, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 3,765 | | 3,765 |
| | 140,722 |
Washington - 3.0% |
Central Puget Sound Reg'l. Trans. Auth. Sales & Use Tax Rev. Participating VRDN Series Putters 2866, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 8,280 | | 8,280 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Washington - continued |
Chelan County Pub. Util. District #1 Rev. Participating VRDN Series BC 11 20B, 0.1% 9/6/13 (Liquidity Facility Barclays Bank PLC) (c)(f)(g) | $ 8,950 | | $ 8,950 |
King County Gen. Oblig. Participating VRDN Series ROC II R 11731, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 9,810 | | 9,810 |
King County Hsg. Auth. Rev. (Overlake TOD Hsg. Proj.) 0.1% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 16,745 | | 16,745 |
King County Swr. Rev. Participating VRDN: | | | |
Series Putters 3941, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 6,950 | | 6,950 |
Series ROC II R 11962, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 2,200 | | 2,200 |
Pierce County Econ. Dev. Corp. Spl. Rev. (Weyerhaeuser Real Estate Proj.) Series 1997 A, 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 19,505 | | 19,505 |
Port of Seattle Rev.: | | | |
Series 1997, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 108,830 | | 108,830 |
Series 2008, 0.07% 9/6/13, LOC Bank of Tokyo-Mitsubishi UFJ Ltd., VRDN (c)(f) | 78,715 | | 78,715 |
Port of Vancouver Rev. (United Grain Corp. of Oregon Proj.) Series 2009, 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 25,000 | | 25,000 |
Seattle Wtr. Sys. Rev. Participating VRDN Series MS 06 2170, 0.09% 9/6/13 (Liquidity Facility Wells Fargo & Co.) (c)(g) | 2,530 | | 2,530 |
Snohomish County Hsg. Auth. Hsg. Rev. (Ebey Arms Centerhouse Proj.) Series 2003, 0.09% 9/6/13, LOC Bank of America NA, VRDN (c) | 7,965 | | 7,965 |
Univ. of Washington Univ. Revs. Participating VRDN: | | | |
Series Putters 4086, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 7,390 | | 7,390 |
Series Solar 07 75, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 37,875 | | 37,875 |
Series Solar 07 94, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 2,687 | | 2,687 |
Vancouver Hsg. Auth. Rev. (Anthem Park at Uptown Village Proj.) 0.09% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 3,395 | | 3,395 |
Washington Econ. Dev. Fin. Auth. Econ. Dev. Rev. (Puget Sound Blood Ctr. Proj.) Series 2008 D, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 15,010 | | 15,010 |
Washington Gen. Oblig. Participating VRDN: | | | |
Series Clipper 05 39, 0.06% 9/6/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (c)(g) | 17,000 | | 17,000 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Washington - continued |
Washington Gen. Oblig. Participating VRDN: - continued | | | |
Series DB 599, 0.07% 9/6/13 (Liquidity Facility Deutsche Bank AG) (c)(g) | $ 4,625 | | $ 4,625 |
Series Floaters 3040, 0.09% 9/6/13 (Liquidity Facility Morgan Stanley Bank, West Valley City Utah) (c)(g) | 12,505 | | 12,505 |
Series Putters 3501Z, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 11,660 | | 11,660 |
Series Putters 3539, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 10,000 | | 10,000 |
Series Putters 3854, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 3,500 | | 3,500 |
Series putters 4033, 0.07% 9/6/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g) | 5,100 | | 5,100 |
Series Solar 06 13, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 33,065 | | 33,065 |
Washington Health Care Facilities Auth. Rev. Participating VRDN Series Solar 07 66, 0.06% 9/6/13 (Liquidity Facility U.S. Bank NA, Cincinnati) (c)(g) | 19,620 | | 19,620 |
Washington Higher Ed. Facilities Auth. Rev. (Seattle Pacific Univ. Proj.) Series 2008, 0.07% 9/6/13, LOC U.S. Bank NA, Cincinnati, VRDN (c) | 18,630 | | 18,630 |
Washington Hsg. Fin. Commission Multi-family Hsg. Rev.: | | | |
(Affinity at Olympia Apts. Proj.) Series 2012 A, 0.06% 9/6/13, LOC Fed. Home Ln. Bank, San Francisco, VRDN (c) | 3,200 | | 3,200 |
(Avalon Ridge Apts. Proj.) Series 1999, 0.1% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 18,755 | | 18,755 |
(Ballard Landmark Inn Proj.) Series A, 0.07% 9/6/13, LOC Fed. Home Ln. Bank, San Francisco, VRDN (c)(f) | 27,290 | | 27,290 |
(Cedar Ridge Retirement Proj.) Series 2005 A, 0.07% 9/6/13, LOC Fed. Home Ln. Bank, San Francisco, VRDN (c)(f) | 8,050 | | 8,050 |
(Crestview Apts. Proj.) Series 2004, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 14,000 | | 14,000 |
(Echo Lake Sr. Apts. Proj.) Series 2006, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 17,970 | | 17,970 |
(Fairwinds Redmond Proj.) Series A, 0.07% 9/6/13, LOC Fed. Home Ln. Bank, San Francisco, VRDN (c)(f) | 19,250 | | 19,250 |
(Gardens Univ. Village Apt. Proj.) Series A, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 48,540 | | 48,540 |
(Highland Park Apts. Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 9,040 | | 9,040 |
(Merrill Gardens at Renton Centre Proj.) Series A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 20,790 | | 20,790 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Washington - continued |
Washington Hsg. Fin. Commission Multi-family Hsg. Rev.: - continued | | | |
(Pinehurst Apts. Proj.) Series A, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | $ 12,000 | | $ 12,000 |
(Silver Creek Apts. Proj.) Series A, 0.07% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 12,250 | | 12,250 |
(The Cambridge Apts. Proj.) Series 2009, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c) | 10,500 | | 10,500 |
(The Lodge at Eagle Ridge Proj.) Series A, 0.07% 9/6/13, LOC Fed. Home Ln. Bank, San Francisco, VRDN (c)(f) | 9,485 | | 9,485 |
(The Vintage at Everett Sr. Living Proj.) Series 2004 A, 0.06% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 15,750 | | 15,750 |
(The Vintage at Richland Sr. Living Proj.) Series 2004 A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,535 | | 7,535 |
(Urban Ctr. Apts. Proj.) Series 2012, 0.06% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 37,500 | | 37,500 |
(Vintage Mount Vernon Proj.) Series A, 0.08% 9/6/13, LOC Fannie Mae, VRDN (c)(f) | 7,500 | | 7,500 |
(Washington Terrace Sr. Apts. Proj.) Series 2010, 0.05% 9/6/13, LOC Fannie Mae, VRDN (c) | 3,750 | | 3,750 |
Washington Hsg. Fin. Commission Nonprofit Hsg. Rev. (Horizon House Proj.) Series 2005, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 40,200 | | 40,200 |
Washington Hsg. Fin. Commission Nonprofit Rev. (YMCA of Pierce and Kitsap Countries Proj.) Series 2010 B, 0.06% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c) | 9,570 | | 9,570 |
| | 850,467 |
West Virginia - 0.6% |
Harrison County Commission Solid Waste Disp. Rev. (Waste Mgmt., Inc. Proj.) Series A, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 8,420 | | 8,420 |
Marion County Solid Waste Disp. Rev. (Grant Town Cogeneration Proj.): | | | |
Series 1990 A, 0.07% 9/6/13, LOC Deutsche Bank AG, VRDN (c)(f) | 15,200 | | 15,200 |
Series 1990 B, 0.07% 9/6/13, LOC Deutsche Bank AG, VRDN (c)(f) | 15,300 | | 15,300 |
Series 1990 C, 0.07% 9/6/13, LOC Deutsche Bank AG, VRDN (c)(f) | 7,700 | | 7,700 |
Series 1990 D, 0.07% 9/6/13, LOC Deutsche Bank AG, VRDN (c)(f) | 7,700 | | 7,700 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
West Virginia - continued |
West Virginia Econ. Dev. Auth. Energy (Morgantown Energy Associates Proj.) Series 2011, 0.09% 9/6/13, LOC Union Bank NA, VRDN (c)(f) | $ 22,500 | | $ 22,500 |
West Virginia Econ. Dev. Auth. Solid Waste Disp. Facilities Rev.: | | | |
(Appalachian Pwr. Co. - Amos Proj.): | | | |
Series 2008 B, 0.07% 9/6/13, LOC Mizuho Corporate Bank Ltd., VRDN (c)(f) | 30,275 | | 30,275 |
Series 2009 A, 0.06% 9/6/13, LOC Sumitomo Mitsui Banking Corp., VRDN (c) | 11,175 | | 11,175 |
Series 2009 B, 0.06% 9/6/13, LOC Sumitomo Mitsui Banking Corp., VRDN (c) | 1,800 | | 1,800 |
(Appalachian Pwr. Co. - Mountaineer Proj.) Series 2008 A, 0.06% 9/6/13, LOC Mizuho Corporate Bank Ltd., VRDN (c)(f) | 59,700 | | 59,700 |
Wood County Commission Solid Waste Disp. Rev. (Waste Mgmt., Inc. Proj.) Series A, 0.1% 9/6/13, LOC Bank of America NA, VRDN (c)(f) | 6,580 | | 6,580 |
| | 186,350 |
Wisconsin - 0.6% |
Appleton Redev. Auth. Rev. (Fox Cities Performing Arts Ctr. Proj.) Series 2001 B, 0.07% 9/6/13, LOC JPMorgan Chase Bank, VRDN (c) | 20,700 | | 20,700 |
Wisconsin Health & Edl. Facilities Participating VRDN Series MS 3337, 0.06% 9/6/13 (Liquidity Facility Cr. Suisse) (c)(g) | 5,000 | | 5,000 |
Wisconsin Health & Edl. Facilities Auth. Rev. Participating VRDN ROC II R 11837, 0.06% 9/6/13 (Liquidity Facility Citibank NA) (c)(g) | 2,025 | | 2,025 |
Wisconsin Hsg. and Econ. Dev. Auth. Home Ownership Rev.: | | | |
Series 2003 B, 0.07% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 21,365 | | 21,365 |
Series 2008 A, 0.07% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 68,175 | | 68,175 |
Series D, 0.07% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 36,125 | | 36,125 |
Wisconsin Hsg. and Econ. Dev. Auth. Multi-family Hsg. Rev.: | | | |
Series 2007 A, 0.08% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c)(f) | 7,205 | | 7,205 |
Series 2008 A, 0.06% 9/6/13 (Liquidity Facility Fannie Mae) (Liquidity Facility Freddie Mac), VRDN (c) | 10,585 | | 10,585 |
| | 171,180 |
Variable Rate Demand Note - continued |
| Principal Amount (000s) | | Value (000s) |
Wyoming - 0.1% |
Laramie County Indl. Dev. Rev. (Cheyenne Lt., Fuel & Pwr. Co. Proj.) Series 2009 A, 0.11% 9/6/13, LOC Wells Fargo Bank NA, VRDN (c)(f) | $ 5,000 | | $ 5,000 |
Lincoln County Envir. (PacifiCorp Proj.) Series 1995, 0.24% 9/6/13, VRDN (c)(f) | 19,500 | | 19,500 |
Sweetwater County Poll. Cont. Rev. (PacifiCorp Proj.) Series 1984, 0.23% 9/6/13, VRDN (c) | 6,400 | | 6,400 |
| | 30,900 |
TOTAL VARIABLE RATE DEMAND NOTE (Cost $17,732,566) |
17,732,566
|
Other Municipal Debt - 29.2% |
| | | |
Alaska - 0.3% |
Alaska Gen. Oblig. BAN 1.75% 3/25/14 | 97,095 | | 97,960 |
Arizona - 0.7% |
Phoenix Civic Impt. Corp.: | | | |
Series 2009, 0.13% 9/3/13, LOC Bank of America NA, CP | 16,925 | | 16,925 |
Series 2011 B1: | | | |
0.15% 9/16/13, LOC Barclays Bank PLC, CP | 35,700 | | 35,700 |
0.15% 9/16/13, LOC Barclays Bank PLC, CP | 20,900 | | 20,900 |
Phoenix Civic Impt. Corp. Transit Excise Tax Rev. Bonds (Lt. Rail Proj.) Series 2013, 2% 7/1/14 | 14,695 | | 14,913 |
Phoenix Civic Impt. Corp. Wastewtr. Sys. Rev.: | | | |
Series 2012 A, 0.15% 10/3/13, LOC Royal Bank of Canada, CP | 40,300 | | 40,300 |
Series 2012 B, 0.17% 12/3/13, LOC Wells Fargo Bank NA, CP | 46,900 | | 46,900 |
Salt River Proj. Agricultural Impt. & Pwr. District Elec. Sys. Rev. Series 2013 C, 0.09% 9/10/13, CP | 13,200 | | 13,200 |
| | 188,838 |
Arkansas - 0.0% |
Arkansas Gen. Oblig. Bonds Series 2010, 4% 8/1/14 | 12,100 | | 12,521 |
California - 7.6% |
California Dept. of Wtr. Resources Bonds (Central Valley Proj.) Series AM, 5% 12/1/13 | 2,320 | | 2,348 |
California Dept. of Wtr. Resources Pwr. Supply Rev. Bonds: | | | |
Series 2010 L, 5% 5/1/14 | 4,525 | | 4,669 |
Series 2010 M, 5% 5/1/14 | 5,000 | | 5,160 |
California Edl. Facilities Auth. Rev. Bonds (Stanford Univ. Proj.) Series S3, 0.19% tender 12/5/13, CP mode | 33,100 | | 33,100 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
California - continued |
California Gen. Oblig.: | | | |
Bonds: | | | |
5% 2/1/14 (Pre-Refunded to 2/1/14 @ 100) | $ 5,475 | | $ 5,585 |
5% 4/1/14 | 4,000 | | 4,111 |
RAN: | | | |
Series 2013 A1, 2% 5/28/14 | 286,750 | | 290,527 |
Series 2013 A2, 2% 6/23/14 | 288,700 | | 292,822 |
California Health Facilities Fing. Auth. Rev. Bonds Series WF 12 7C, 0.2%, tender 9/5/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 26,250 | | 26,250 |
California School Cash Reserve Prog. Auth. TRAN Series 2013 A, 2% 4/1/14 | 15,635 | | 15,798 |
Grossmont Healthcare District Bonds Series WF 11 30C, 0.19%, tender 9/19/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 10,125 | | 10,125 |
Kern County Gen. Oblig. TRAN 1.25% 6/30/14 | 88,400 | | 89,181 |
Long Beach Unified School District TRAN 1.5% 12/31/13 | 30,920 | | 31,054 |
Los Angeles Cmnty. College District Bonds Series WF 11 36C, 0.19%, tender 10/24/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 4,840 | | 4,840 |
Los Angeles County Gen. Oblig.: | | | |
Series 2010 C, 0.11% 10/10/13, LOC Wells Fargo Bank NA, CP | 6,600 | | 6,600 |
TRAN: | | | |
2% 2/28/14 | 121,800 | | 122,896 |
2% 6/30/14 | 191,000 | | 193,870 |
Los Angeles County Schools Pooled Fing. Prog. Ctfs. of Prtn. TRAN Series 2013 C1: | | | |
2% 9/30/13 | 4,000 | | 4,006 |
2% 1/31/14 | 5,000 | | 5,037 |
Los Angeles Dept. of Wtr. & Pwr. Rev. 0.12% 12/5/13 (Liquidity Facility Wells Fargo Bank NA), CP | 62,000 | | 62,000 |
Los Angeles Gen. Oblig. TRAN: | | | |
2% 2/27/14 | 23,600 | | 23,811 |
2% 5/1/14 | 188,085 | | 190,364 |
2% 6/26/14 | 212,300 | | 215,447 |
Los Angeles Muni. Impt. Corp. Lease Rev. Series 2012 A1, 0.14% 10/8/13, LOC Wells Fargo Bank NA, CP | 9,160 | | 9,160 |
Los Angeles Unified School District Bonds: | | | |
Series Putters 4290, 0.1%, tender 11/28/13 (Liquidity Facility JPMorgan Chase & Co.) (c)(g)(h) | 62,800 | | 62,800 |
Series Putters 4318, 0.2%, tender 9/12/13 (Liquidity Facility JPMorgan Chase & Co.) (c)(g)(h) | 17,400 | | 17,400 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
California - continued |
Los Angeles Wastewtr. Sys. Bonds Series 2013 A, 2% 6/1/14 | $ 10,655 | | $ 10,799 |
Newport Mesa Unified School District Bonds Series WF 11 70Z, 0.18%, tender 11/7/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 14,265 | | 14,265 |
Oakland Gen. Oblig. TRAN 1.25% 6/30/14 | 52,930 | | 53,398 |
Orange County Local Trans. Auth. Sales Tax Rev. Series 2013 A, 0.18% 9/12/13, LOC JPMorgan Chase Bank, CP | 25,000 | | 25,000 |
Orange County Sanitation District Ctfs. of Prtn.: | | | |
BAN Series 2012 C, 2% 10/30/13 | 16,600 | | 16,648 |
Bonds Series MS 06 2222, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo & Co.) (c)(g)(h) | 16,655 | | 16,655 |
San Diego County & School District TRAN Series 2013 A, 2% 6/30/14 | 22,100 | | 22,434 |
San Diego Unified School District TRAN: | | | |
Series 2013 A1, 2% 1/31/14 | 17,200 | | 17,331 |
Series 2013 A2, 2% 6/30/14 | 27,600 | | 28,016 |
San Francisco City & County Gen. Oblig. Bonds: | | | |
Series 2011 R1, 5% 6/15/14 | 6,190 | | 6,422 |
Series 2013 C, 4% 6/15/14 | 7,915 | | 8,152 |
San Francisco County Trans. Auth.: | | | |
Series 2004 A, 0.17% 9/12/13, LOC Wells Fargo Bank NA, CP | 27,215 | | 27,215 |
Series 2004 B, 0.17% 9/12/13, LOC Wells Fargo Bank NA, CP | 56,250 | | 56,250 |
San Jose Int'l. Arpt. Rev. Series 2013 A3, 0.17% 12/4/13, LOC Wells Fargo Bank NA, CP | 7,265 | | 7,265 |
Santa Clara Valley Wtr. District Wtr. Util. Rev. Series 2010 A2, 0.13% 9/11/13, LOC JPMorgan Chase Bank, CP | 21,250 | | 21,250 |
Santa Cruz Gen. Oblig. TRAN 2% 7/2/14 | 16,900 | | 17,156 |
Tulare County Gen. Oblig. TRAN 1.5% 6/30/14 | 38,600 | | 39,021 |
Ventura County Gen. Oblig. TRAN 1.25% 7/1/14 | 47,325 | | 47,745 |
| | 2,163,983 |
Colorado - 0.8% |
Colorado Gen. Fdg. Rev. TRAN Series 2013 A, 1% 6/27/14 | 197,200 | | 198,522 |
Colorado Reg'l. Trans. District Sales Tax Rev. Bonds Series WF 10 37C, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 20,580 | | 20,580 |
Denver City & County School District # 1 Bonds Series 2012 B, 2% 12/1/13 | 9,515 | | 9,557 |
| | 228,659 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Connecticut - 0.1% |
Connecticut Gen. Oblig. Bonds Series 2012 F, 1% 9/15/13 | $ 14,200 | | $ 14,204 |
Connecticut Spl. Tax Oblig. Trans. Infrastructure Rev. Bonds Series 2012 A, 2% 1/1/14 | 4,500 | | 4,527 |
Naugatuck Gen. Oblig. BAN 1% 3/18/14 | 7,700 | | 7,734 |
| | 26,465 |
Delaware - 0.0% |
Delaware Gen. Oblig. Bonds: | | | |
Series 2008 A, 5% 3/1/14 | 2,350 | | 2,406 |
Series 2009 C, 5% 10/1/13 | 1,530 | | 1,536 |
Series 2013 B, 2% 2/1/14 | 9,000 | | 9,068 |
| | 13,010 |
District Of Columbia - 0.9% |
District of Columbia Income Tax Rev. Bonds Series 2009 C, 5% 12/1/13 | 6,585 | | 6,664 |
District of Columbia Rev. Bonds (American Nat'l. Red Cross Proj.) Series 2000, 0.17% tender 9/9/13, LOC JPMorgan Chase Bank, CP mode | 71,600 | | 71,600 |
District of Columbia Wtr. & Swr. Auth. Pub. Util. Rev. Bonds Series 2012 A, 2% 10/1/13 | 1,250 | | 1,252 |
Metropolitan Washington Arpts. Auth. Dulles Toll Road Rev.: | | | |
Series 1: | | | |
0.11% 10/4/13, LOC JPMorgan Chase Bank, CP | 26,660 | | 26,660 |
0.11% 10/10/13, LOC JPMorgan Chase Bank, CP | 57,700 | | 57,700 |
0.12% 10/23/13, LOC JPMorgan Chase Bank, CP | 47,900 | | 47,900 |
0.14% 11/7/13, LOC JPMorgan Chase Bank, CP | 27,600 | | 27,600 |
0.15% 12/2/13, LOC JPMorgan Chase Bank, CP | 13,400 | | 13,400 |
| | 252,776 |
Florida - 1.8% |
Escambia City Health Facilities Auth. Rev. Bonds (Ascension Health Cr. Group Proj.) Series 2003 A, 5.25% 11/15/13 | 1,300 | | 1,313 |
Florida Board of Ed. Bonds Series 2005 B, 5% 1/1/14 | 13,395 | | 13,610 |
Florida Board of Ed. Lottery Rev. Bonds: | | | |
Series 2010 D, 5% 7/1/14 | 1,400 | | 1,455 |
Series 2010 E, 4% 7/1/14 | 2,600 | | 2,680 |
Series 2010 F, 5% 7/1/14 | 9,555 | | 9,933 |
Florida Board of Ed. Pub. Ed. Cap. Outlay Bonds: | | | |
Series 2009 D, 5% 6/1/14 | 5,000 | | 5,179 |
Series 2012 B, 5% 6/1/14 | 2,040 | | 2,113 |
Florida Dept. of Trans. Tpk. Rev.: | | | |
Bonds Series 2013 B, 2% 7/1/14 | 15,830 | | 16,068 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Florida - continued |
Florida Gen. Oblig. Bonds Series 2009 B, 5% 7/1/14 | $ 8,070 | | $ 8,391 |
Florida Hurricane Catastrophe Fund Fin. Corp. Rev. Bonds Series 2008 A, 5% 7/1/14 | 11,420 | | 11,873 |
Florida Local Govt. Fin. Cmnty. Series 2011 A1: | | | |
0.11% 9/23/13, LOC JPMorgan Chase Bank, CP | 13,858 | | 13,858 |
0.12% 9/3/13, LOC JPMorgan Chase Bank, CP | 9,532 | | 9,532 |
0.12% 10/4/13, LOC JPMorgan Chase Bank, CP | 13,229 | | 13,229 |
Florida Wtr. Poll. Cont. Fing. Corp. Rev. Bonds Series 2009 A, 3% 1/15/14 | 1,000 | | 1,010 |
Hillsborough County Cap. Impt. Prog. Rev. Series 2013 A: | | | |
0.12% 9/5/13, LOC State Street Bank & Trust Co., Boston, CP | 14,983 | | 14,983 |
0.12% 9/26/13, LOC State Street Bank & Trust Co., Boston, CP | 5,000 | | 5,000 |
0.13% 9/12/13, LOC State Street Bank & Trust Co., Boston, CP | 7,000 | | 7,000 |
0.13% 9/19/13, LOC State Street Bank & Trust Co., Boston, CP | 18,100 | | 18,100 |
Jacksonville Elec. Auth. Elec. Sys. Rev.: | | | |
Bonds: | | | |
Series 2013 A, 2% 10/1/13 | 6,485 | | 6,495 |
Series 2013 B, 2% 10/1/13 | 4,000 | | 4,006 |
Series 2013 C1: | | | |
0.11% 9/3/13, CP | 19,950 | | 19,950 |
0.14% 9/5/13, CP | 21,350 | | 21,350 |
Jacksonville Gen. Oblig. Series 2004 A, 0.13% 10/1/13, LOC Landesbank Baden-Wuert, CP | 5,290 | | 5,290 |
JEA Saint Johns River Pwr. Park Sys. Rev. Bonds: | | | |
Series 2012 B, 3% 10/1/13 | 1,000 | | 1,002 |
Series 23 Issue 2, 5% 10/1/13 | 42,785 | | 42,953 |
JEA Wtr. & Swr. Sys. Rev. Bonds: | | | |
Series 2009 B, 5% 10/1/13 | 3,500 | | 3,514 |
Series WF 11 4C, 0.19%, tender 10/10/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 11,800 | | 11,800 |
2% 10/1/13 | 1,235 | | 1,237 |
Miami-Dade County School District TAN Series 2013, 1% 3/4/14 | 179,600 | | 180,359 |
Orlando Utils. Commission Util. Sys. Rev. Bonds: | | | |
Series 2007, 5% 10/1/13 | 2,900 | | 2,912 |
Series 2009 C, 5% 10/1/13 | 1,000 | | 1,004 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Florida - continued |
Orlando Utils. Commission Util. Sys. Rev. Bonds: - continued | | | |
Series 2011 A, 0.17%, tender 3/28/14 (c) | $ 14,500 | | $ 14,500 |
Series 2013 A, 1.5% 10/1/13 | 4,500 | | 4,505 |
Tampa Health Sys. Rev. Bonds: | | | |
Series 2012 B, 0.16%, tender 3/28/14 (c) | 14,515 | | 14,515 |
Series WF 12 21 C, 0.2%, tender 9/5/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 24,425 | | 24,425 |
| | 515,144 |
Georgia - 0.6% |
Fulton County Gen. Oblig. TAN Series 2013, 2% 12/31/13 | 67,500 | | 67,907 |
Georgia Gen. Oblig. Bonds: | | | |
Series 2003 D, 4.5% 12/1/13 (Pre-Refunded to 12/1/13 @ 100) | 13,600 | | 13,746 |
Series 2004 B, 5% 3/1/14 | 1,000 | | 1,024 |
Series 2007 B, 5% 4/1/14 | 3,500 | | 3,598 |
Series 2012 A, 5% 7/1/14 | 2,000 | | 2,079 |
Series 2013 D, 2% 2/1/14 | 5,280 | | 5,320 |
Georgia Muni. Elec. Auth. Pwr. Rev. Bonds (Gen. Resolution Proj.) Series 1985 A, 0.1% tender 9/17/13, LOC Barclays Bank PLC, CP mode | 15,550 | | 15,550 |
Georgia Muni. Gas Auth. Rev. Bonds (Gas Portfolio III Proj.) Series R, 2% 10/1/13 | 6,900 | | 6,910 |
Georgia Road & Thruway Auth. Rev. Bonds Series 2006, 5% 6/1/14 | 6,000 | | 6,213 |
Metropolitan Atlanta Rapid Transit: | | | |
Series 2012 D1, 0.11% 11/7/13, LOC Bank of Tokyo-Mitsubishi UFJ Ltd., CP | 29,800 | | 29,800 |
Series 2012 D2, 0.11% 11/7/13, LOC Bank of Tokyo-Mitsubishi UFJ Ltd., CP | 12,000 | | 12,000 |
Private Colleges & Univs. Auth. Rev. Bonds Series WF 11 95C, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 4,715 | | 4,715 |
| | 168,862 |
Hawaii - 0.0% |
Hawaii Gen. Oblig. Bonds: | | | |
Series 2003 DB, 5.25% 9/1/13 | 1,000 | | 1,000 |
Series 2011 EC, 3% 12/1/13 | 6,000 | | 6,042 |
| | 7,042 |
Idaho - 0.4% |
Idaho Gen. Oblig. TAN 2% 6/30/14 | 121,800 | | 123,620 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Illinois - 0.6% |
Chicago O'Hare Int'l. Arpt. Rev. Series 2011 C1, 0.14% 9/12/13, LOC PNC Bank NA, CP (f) | $ 5,788 | | $ 5,788 |
DuPage County Gen. Oblig. Bonds Series Merlots 00 A9, 0.18%, tender 2/19/14 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 9,700 | | 9,700 |
Illinois Fin. Auth. Ed. Rev. Series 2013, 0.16% 2/6/14, LOC PNC Bank NA, CP | 14,000 | | 14,000 |
Illinois Fin. Auth. Rev. Bonds: | | | |
(Advocate Health Care Network Proj.) Series 2011 B, 0.18%, tender 3/28/14 (c) | 11,700 | | 11,700 |
(Palos Cmnty. Hosp. Proj.): | | | |
Series 2010 C, 0.11% tender 9/5/13, CP mode | 39,460 | | 39,460 |
Series 2012 H, 0.15% tender 10/3/13, CP mode | 16,900 | | 16,900 |
Series 2010 D, 4% 4/1/14 | 2,790 | | 2,851 |
Series WF 12 2C, 0.19%, tender 9/19/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 29,610 | | 29,610 |
Illinois Sales Tax Rev. Bonds Series 2013, 2% 6/15/14 | 31,400 | | 31,844 |
Illinois Unemployment Ins. Fund Bldg. Receipts Bonds Series 2012, 5% 12/15/13 | 3,100 | | 3,142 |
| | 164,995 |
Indiana - 0.2% |
Indiana Fin. Auth. Rev. Bonds (Trinity Health Cr. Group Proj.) Series 2009 A, 5% 12/1/13 | 2,045 | | 2,069 |
Indianapolis Gas Util. Sys. Rev. Series 2013, 0.11% 9/10/13, LOC JPMorgan Chase Bank, CP | 43,000 | | 43,000 |
| | 45,069 |
Kansas - 0.4% |
City of Lawrence BAN 1% 5/1/14 | 26,800 | | 26,946 |
Kansas Dept. of Trans. Hwy. Rev. Bonds: | | | |
Series 2012 A1, 0.09% 9/1/13 (c) | 7,400 | | 7,400 |
Series 2012 A2, 0.29% 9/1/14 (c) | 7,680 | | 7,696 |
Kansas Tpk. Auth. Tpk. Rev. Bonds Series 2013 A, 1% 9/1/13 | 9,575 | | 9,575 |
Wichita Gen. Oblig. BAN: | | | |
Series 254, 0.25% 2/11/14 | 42,830 | | 42,830 |
Series 256, 0.25% 2/11/14 (f) | 15,065 | | 15,065 |
| | 109,512 |
Kentucky - 0.2% |
Jefferson County Poll. Cont. Bonds (Louisville Gas & Elec. Co. Proj.) Series 2002, 0.32% tender 9/25/13, CP mode (f) | 30,000 | | 30,000 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Kentucky - continued |
Jefferson County Poll. Cont. Rev. Bonds (Louisville Gas & Elec. Co. Proj.) Series 1993 A, 0.22% tender 9/17/13, CP mode | $ 9,600 | | $ 9,600 |
Trimble County Poll. Cont. Rev. Bonds (Louisville Gas & Elec. Co. Proj.) Series 1992 A: | | | |
0.22% tender 9/17/13, CP mode | 19,800 | | 19,800 |
0.32% tender 9/25/13, CP mode (f) | 8,600 | | 8,600 |
| | 68,000 |
Louisiana - 0.1% |
Louisiana Gas & Fuel Tax Rev. Bonds Series WF 12 32C, 0.19%, tender 10/24/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 12,230 | | 12,230 |
Louisiana Gen. Oblig. Bonds Series 2009 A, 5% 5/1/14 | 5,000 | | 5,159 |
| | 17,389 |
Maryland - 0.4% |
Baltimore County Gen. Oblig. Series 2011: | | | |
0.1% 9/16/13 (Liquidity Facility Mizuho Corporate Bank Ltd.), CP | 33,125 | | 33,125 |
0.1% 10/1/13 (Liquidity Facility Mizuho Corporate Bank Ltd.), CP | 18,550 | | 18,550 |
0.15% 10/3/13 (Liquidity Facility Mizuho Corporate Bank Ltd.), CP | 32,815 | | 32,815 |
0.15% 10/3/13 (Liquidity Facility Mizuho Corporate Bank Ltd.), CP | 16,700 | | 16,700 |
Baltimore Gen. Oblig. Bonds Series 2013 A, 1% 10/15/13 | 12,720 | | 12,733 |
Maryland Dept. of Trans. Consolidated Trans. Rev. Bonds Series 2008, 4% 2/15/14 | 2,500 | | 2,543 |
| | 116,466 |
Massachusetts - 0.2% |
Massachusetts Dev. Fin. Agcy. Electrical Utils. Rev. Bonds (Nantucket Elec. Co. Proj.) Series 2005, 0.35% tender 9/9/13, CP mode (f) | 24,400 | | 24,400 |
Massachusetts Indl. Fin. Agcy. Poll. Cont. Rev. Bonds (New England Pwr. Co. Proj.) Series 1992: | | | |
0.3% tender 9/9/13, CP mode | 12,675 | | 12,675 |
0.3% tender 9/9/13, CP mode | 15,000 | | 15,000 |
0.33% tender 9/26/13, CP mode | 8,000 | | 8,000 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Massachusetts - continued |
Massachusetts Indl. Fin. Agcy. Poll. Cont. Rev. Bonds (New England Pwr. Co. Proj.) Series 1992: - continued | | | |
0.33% tender 10/4/13, CP mode | $ 1,150 | | $ 1,150 |
Massachusetts State Dev. Fin. Agcy. Elec. Util. Rev. Bonds (Gen. Resolution Proj.) Series 1985 A, 0.32% tender 9/25/13, CP mode (f) | 1,100 | | 1,100 |
| | 62,325 |
Michigan - 0.5% |
JPMorgan Chase Bonds Series Putters 4300, 0.12%, tender 10/31/13 (Liquidity Facility JPMorgan Chase Bank) (c)(g)(h) | 18,950 | | 18,950 |
Michigan Bldg. Auth. Rev. Series 6, 0.14% 10/24/13, LOC State Street Bank & Trust Co., Boston, LOC U.S. Bank NA, Cincinnati, CP | 3,075 | | 3,075 |
Michigan Hosp. Fin. Auth. Rev. Bonds (Trinity Health Sys. Proj.) Series 2008 C: | | | |
0.08% tender 9/16/13, CP mode | 17,300 | | 17,300 |
0.09% tender 9/17/13, CP mode | 37,990 | | 37,990 |
0.11% tender 9/5/13, CP mode | 19,100 | | 19,100 |
0.14% tender 10/1/13, CP mode | 20,197 | | 20,197 |
Michigan State Univ. Revs. Bonds Series WF 11 33 C, 0.18%, tender 1/16/14 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 3,000 | | 3,000 |
Univ. of Michigan Rev. Bonds Series Putters 4373, 0.1%, tender 11/7/13 (Liquidity Facility JPMorgan Chase & Co.) (c)(g)(h) | 14,095 | | 14,095 |
| | 133,707 |
Minnesota - 0.3% |
Hennepin County Gen. Oblig. Bonds Series 2013 A, 3% 12/1/13 | 4,365 | | 4,396 |
Minnesota 911 Rev. Bonds (Pub. Safety Radio Communications Sys. Proj.) Series 2011, 4% 6/1/14 | 1,600 | | 1,645 |
Minnesota Gen. Oblig. Bonds: | | | |
Series 2009 E, 5% 8/1/14 | 4,000 | | 4,175 |
Series 2010 D, 5% 8/1/14 | 2,825 | | 2,949 |
Series 2011, 5% 10/1/13 | 4,000 | | 4,016 |
Series 2013 A, 5% 8/1/14 | 6,835 | | 7,136 |
Series WF 11 110C, 0.18%, tender 1/16/14 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 23,530 | | 23,530 |
Southern Minnesota Muni. Pwr. Agcy. Pwr. Supply Sys. Rev. Bonds Series 2002 A, 5.25% 1/1/14 | 2,000 | | 2,033 |
Univ. of Minnesota Gen. Oblig.: | | | |
Bonds Series 2011 A, 5% 12/1/13 | 2,500 | | 2,529 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Minnesota - continued |
Univ. of Minnesota Gen. Oblig.: - continued | | | |
Series 2009 D, 0.1% 9/5/13, CP | $ 9,000 | | $ 9,000 |
Univ. of Minnesota Rev. Series 2005 A: | | | |
0.1% 9/5/13, CP | 7,650 | | 7,650 |
0.12% 10/8/13, CP | 12,500 | | 12,500 |
0.15% 10/1/13, CP | 13,000 | | 13,000 |
| | 94,559 |
Mississippi - 0.1% |
Mississippi Gen. Oblig. Bonds: | | | |
Series 2003, 5.25% 11/1/13 | 2,100 | | 2,118 |
Series 2007 B, 5% 12/1/13 | 1,000 | | 1,012 |
Series WF 11 117C, 0.19%, tender 10/24/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 18,475 | | 18,475 |
Mississippi Hosp. Equip. & Facilities Auth. Bonds (Baptist Memorial Health Care Proj.) Series 2004 B2, 0.18%, tender 1/8/14 (c)(h) | 9,500 | | 9,500 |
| | 31,105 |
Missouri - 0.2% |
Missouri Board of Pub. Buildings Spl. Oblig. Bonds Series 2003 A: | | | |
5% 10/15/13 (Pre-Refunded to 10/15/13 @ 100) | 9,045 | | 9,097 |
5% 10/15/13 (Pre-Refunded to 10/15/13 @ 100) | 2,240 | | 2,253 |
Missouri Health & Edl. Facilities Auth. Health Facilities Rev. Bonds (CoxHealth Proj.) Series 2008 B: | | | |
0.1% tender 9/5/13, LOC Bank of Nova Scotia, CP mode | 28,000 | | 28,000 |
0.13% tender 12/2/13, LOC Bank of Nova Scotia, CP mode | 14,900 | | 14,900 |
Saint Louis Gen. Fund Rev. TRAN 2% 5/30/14 | 13,000 | | 13,175 |
| | 67,425 |
Nebraska - 0.3% |
Nebraska Pub. Pwr. District Rev. Series 2013 A: | | | |
0.1% 9/16/13, CP | 15,400 | | 15,400 |
0.11% 9/11/13, CP | 16,900 | | 16,900 |
Omaha Pub. Pwr. District Elec. Rev.: | | | |
Bonds Series 2010 A, 5.5% 2/1/14 | 2,595 | | 2,652 |
Series 2013 A: | | | |
0.09% 9/6/13, CP | 7,500 | | 7,500 |
0.14% 9/10/13, CP | 5,200 | | 5,200 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Nebraska - continued |
Omaha Pub. Pwr. District Elec. Rev.: - continued | | | |
Series 2013 A: - continued | | | |
0.14% 9/11/13, CP | $ 15,000 | | $ 15,000 |
0.15% 9/9/13, CP | 13,500 | | 13,500 |
| | 76,152 |
Nevada - 0.3% |
Clark County School District Bonds: | | | |
Series 2011 A, 5% 6/15/14 | 7,000 | | 7,261 |
Series 2013 A, 4% 6/15/14 | 3,840 | | 3,952 |
Series 2013 B, 3% 6/15/14 | 14,200 | | 14,508 |
Nevada Gen. Oblig. Bonds Series 2005 A, 5% 2/1/14 | 1,000 | | 1,020 |
Truckee Meadows Wtr. Auth. Wtr. Rev.: | | | |
Series 2006 A, 0.13% 12/5/13, LOC JPMorgan Chase Bank, CP | 23,000 | | 23,000 |
Series 2006 B, 0.1% 9/16/13, LOC Wells Fargo Bank NA, CP | 25,000 | | 25,000 |
| | 74,741 |
New Hampshire - 0.3% |
New Hampshire Bus. Fin. Auth. Poll. Cont. Rev. Bonds (New England Pwr. Co. Proj.): | | | |
Series 1990 A: | | | |
0.33% tender 9/26/13, CP mode | 19,900 | | 19,900 |
0.35% tender 9/26/13, CP mode | 7,900 | | 7,900 |
Series 1990 A2: | | | |
0.32% tender 9/25/13, CP mode (f) | 35,500 | | 35,500 |
0.35% tender 9/9/13, CP mode (f) | 9,450 | | 9,450 |
| | 72,750 |
New Jersey - 0.0% |
Passaic County Gen. Oblig. BAN Series 2012 A, 1.25% 12/27/13 | 11,481 | | 11,517 |
New Mexico - 0.1% |
New Mexico Fin. Auth. Trans. Rev. Bonds Series 2010 A1, 5% 12/15/13 | 4,110 | | 4,167 |
New Mexico Gen. Oblig. Bonds Series 2013, 2% 3/1/14 | 6,445 | | 6,502 |
New Mexico Severance Tax Rev. Bonds: | | | |
Series 2009 A, 5% 7/1/14 | 1,000 | | 1,040 |
Series 2010 B, 5% 7/1/14 | 8,230 | | 8,559 |
Series 2013 A, 5% 7/1/14 | 6,000 | | 6,239 |
| | 26,507 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
New York - 0.8% |
New York City Muni. Wtr. Fin. Auth. Wtr. & Swr. Sys. Rev.: | | | |
Series 1, 0.11% 9/17/13, CP | $ 115,300 | | $ 115,300 |
Series 7, 0.1% 5/5/14, CP | 7,400 | | 7,400 |
Series 8, 0.14% 3/24/14, CP | 18,050 | | 18,050 |
New York Metropolitan Trans. Auth. Rev. Series 2D, 0.1% 9/10/13, LOC Citibank NA, CP | 30,000 | | 30,000 |
New York Thruway Auth. Hwy. & Bridge Trust Fund Bonds Series 2005 B, 5% 4/1/14 | 46,350 | | 47,636 |
| | 218,386 |
North Carolina - 0.4% |
Charlotte Gen. Oblig. Bonds Series 2013 B, 2% 7/1/14 (b) | 9,580 | | 9,722 |
Charlotte Wtr. & Swr. Sys. Rev. Bonds Series 2011, 3% 12/1/13 | 1,500 | | 1,510 |
Mecklenburg County Pub. Facilities Corp. Bonds Series 2009, 5% 3/1/14 | 3,000 | | 3,071 |
North Carolina Cap. Impt. Ltd. Bonds Series WF 11 136C, 0.18%, tender 1/16/14 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 8,030 | | 8,030 |
North Carolina Gen. Oblig. Bonds Series 2004 A, 5.25% 3/1/14 | 4,170 | | 4,274 |
North Carolina Grant Anticipation Rev. Bonds Series 2012, 3% 3/1/14 | 13,250 | | 13,432 |
North Carolina Muni. Pwr. Agcy. #1 Catawba Elec. Rev. Bonds: | | | |
Series 2008 A, 5.25% 1/1/14 | 10,800 | | 10,981 |
Series 2012 A, 2% 1/1/14 | 44,645 | | 44,904 |
Raleigh Combined Enterprise Sys. Rev. Bonds Series WF 11-19C, 0.18%, tender 2/6/14 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 9,000 | | 9,000 |
Univ. of North Carolina at Chapel Hill Rev. Bonds Series Putters 4372, 0.1%, tender 11/7/13 (Liquidity Facility JPMorgan Chase & Co.) (c)(g)(h) | 6,295 | | 6,295 |
Wake County Gen. Oblig. Bonds Series 2013 B, 3% 5/1/14 | 3,225 | | 3,285 |
| | 114,504 |
Ohio - 0.2% |
Ohio Higher Edl. Facility Commission Rev. Bonds (The Cleveland Clinic Foundation Proj.): | | | |
Series 2008 B5: | | | |
0.14% tender 2/5/14, CP mode | 12,400 | | 12,400 |
0.17% tender 9/5/13, CP mode | 18,650 | | 18,650 |
0.17% tender 10/7/13, CP mode | 10,000 | | 10,000 |
0.17% tender 12/5/13, CP mode | 7,200 | | 7,200 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Ohio - continued |
Ohio Higher Edl. Facility Commission Rev. Bonds (The Cleveland Clinic Foundation Proj.): - continued | | | |
Series 2008 B6: | | | |
0.17% tender 10/7/13, CP mode | $ 8,800 | | $ 8,800 |
0.17% tender 12/5/13, CP mode | 8,600 | | 8,600 |
| | 65,650 |
Oregon - 1.0% |
Clackamas County Hosp. Facility Auth. Bonds (Providence Health Sys. Proj.): | | | |
Series 2003 D: | | | |
0.1% tender 9/23/13, CP mode | 9,900 | | 9,900 |
0.1% tender 9/23/13, CP mode | 10,600 | | 10,600 |
Series 2003 E: | | | |
0.1% tender 9/10/13, CP mode | 8,000 | | 8,000 |
0.11% tender 9/10/13, CP mode | 10,000 | | 10,000 |
0.11% tender 9/26/13, CP mode | 8,000 | | 8,000 |
0.11% tender 9/26/13, CP mode | 6,000 | | 6,000 |
Series 2003 F: | | | |
0.1% tender 9/10/13, CP mode | 5,000 | | 5,000 |
0.1% tender 9/19/13, CP mode | 10,000 | | 10,000 |
0.11% tender 9/10/13, CP mode | 25,000 | | 25,000 |
Series 2003 G: | | | |
0.1% tender 9/10/13, CP mode | 21,525 | | 21,525 |
0.1% tender 9/19/13, CP mode | 14,400 | | 14,400 |
Oregon Gen. Oblig.: | | | |
Bonds Series WF11 57 C, 0.18%, tender 1/16/14 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 10,800 | | 10,800 |
TAN Series 2013 A, 1.5% 7/31/14 | 127,800 | | 129,339 |
Portland Gen. Oblig. TAN Series 2013, 1.25% 6/25/14 | 19,700 | | 19,871 |
Portland Ore Wtr. Sys. Rev. Bonds Series 2011 A, 2% 10/1/13 | 9,395 | | 9,409 |
| | 297,844 |
Pennsylvania - 0.1% |
Econ. Dev. Fin. Auth. Unemployment Compensation Rev. Bonds Series 2012 A, 4% 7/1/14 | 5,000 | | 5,158 |
Pennsylvania Infrastructure Invt. Auth. Rev. Series 2010 A, 0.11% 10/4/13, LOC Bank of America NA, CP | 10,000 | | 10,000 |
Univ. of Pittsburgh Commonwealth Sys. of Higher Ed. BAN 2% 7/11/14 | 12,300 | | 12,492 |
| | 27,650 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Rhode Island - 0.0% |
Providence Plantations Lease Prtn. Ctfs. Bonds (Kent County Courthouse Proj.) Series 2013 A: | | | |
2% 10/1/13 | $ 3,130 | | $ 3,134 |
2% 10/1/13 | 2,750 | | 2,754 |
Rhode Island & Providence Plantations Bonds Series 2012 B, 2% 10/15/13 | 2,370 | | 2,375 |
| | 8,263 |
South Carolina - 0.9% |
Beaufort County School District BAN Series 2013 B, 1.25% 4/24/14 | 18,100 | | 18,222 |
Charleston County School District BAN 1% 5/8/14 | 16,900 | | 16,993 |
Cherokee County School District No. 1 Bonds Series 2013 A, 3% 3/1/14 (South Carolina Gen. Oblig. Guaranteed) | 4,310 | | 4,370 |
Dorchester County No. 2 School District BAN 0.2% 8/15/14 | 43,300 | | 43,303 |
South Carolina Assoc. of Governmental Organizations Ctfs. of Prtn. Bonds: | | | |
Series 2013 A, 1.5% 3/3/14 (South Carolina Gen. Oblig. Guaranteed) | 33,960 | | 34,181 |
Series 2013 D, 1% 3/3/14 (b) | 85,015 | | 85,340 |
South Carolina Gen. Oblig. Bonds: | | | |
Series 2010 A, 4% 6/1/14 | 10,000 | | 10,286 |
Series 2011 A, 5% 3/1/14 | 5,000 | | 5,119 |
Series ROC II R 692W, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo & Co.) (c)(g)(h) | 8,340 | | 8,340 |
South Carolina Pub. Svc. Auth. (Santee Cooper) Rev. Oblig. Bonds: | | | |
Series 2012 B, 5% 12/1/13 | 3,500 | | 3,542 |
Series 2012 C, 5% 12/1/13 (Pre-Refunded to 12/1/13 @ 100) | 5,000 | | 5,059 |
York County Poll. Cont. Rev. Bonds 0.32% tender 9/3/13, CP mode | 22,800 | | 22,800 |
| | 257,555 |
Tennessee - 0.1% |
Memphis Elec. Sys. Rev. Bonds Series 2003 A, 5% 12/1/13 | 2,500 | | 2,530 |
Tennessee Gen. Oblig. Bonds: | | | |
Series 2008 A, 5% 9/1/13 | 3,835 | | 3,835 |
Series 2010 A, 4% 5/1/14 | 5,445 | | 5,582 |
Series 2011, 5% 10/1/13 | 1,920 | | 1,928 |
| | 13,875 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - 5.5% |
Austin Elec. Util. Sys. Rev.: | | | |
Series 2013 A: | | | |
0.11% 9/11/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | $ 19,100 | | $ 19,100 |
0.11% 9/17/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 11,640 | | 11,640 |
0.2% 10/1/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 8,140 | | 8,140 |
Brownsville Util. Sys. Rev. Series 2013 A, 0.19% 9/5/13, LOC State Street Bank & Trust Co., Boston, CP | 4,000 | | 4,000 |
Dallas Area Rapid Transit Sales Tax Rev. Bonds Series 2010 A, 5% 12/1/13 | 2,775 | | 2,808 |
Dallas Independent School District Bonds Series 2010 B, 5% 2/15/14 (Permanent School Fund of Texas Guaranteed) | 2,100 | | 2,146 |
Dallas Wtrwks. & Swr. Sys. Rev. Bonds Series 2010, 4% 10/1/13 | 3,000 | | 3,009 |
Harris County Gen. Oblig.: | | | |
Bonds Series 2012 A, 2% 10/1/13 | 4,085 | | 4,091 |
Series 2013 A1: | | | |
0.09% 9/10/13 (Liquidity Facility State Street Bank & Trust Co., Boston), CP | 7,650 | | 7,650 |
0.12% 9/10/13 (Liquidity Facility State Street Bank & Trust Co., Boston), CP | 1,000 | | 1,000 |
Series 2013 D: | | | |
0.11% 9/10/13 (Liquidity Facility JPMorgan Chase Bank), CP | 8,590 | | 8,590 |
0.11% 9/12/13 (Liquidity Facility JPMorgan Chase Bank), CP | 17,860 | | 17,860 |
TAN Series 2013, 1% 2/28/14 | 17,200 | | 17,272 |
Harris County Metropolitan Trans. Auth.: | | | |
Series 2013 A1: | | | |
0.17% 2/6/14 (Liquidity Facility JPMorgan Chase Bank), CP | 10,000 | | 10,000 |
0.18% 9/12/13 (Liquidity Facility JPMorgan Chase Bank), CP | 34,300 | | 34,300 |
Series 2013 A3, 0.14% 9/18/13 (Liquidity Facility State Street Bank & Trust Co., Boston), CP | 4,000 | | 4,000 |
Houston Gen. Oblig.: | | | |
Series 2013 A, 0.11% 9/12/13, LOC Union Bank NA, CP | 23,100 | | 23,100 |
TRAN Series 2013, 2% 6/30/14 | 47,500 | | 48,212 |
Houston Higher Ed. Fin. Corp. Higher Ed. Rev. Series 2013 A, 0.13% 9/9/13, CP | 5,550 | | 5,550 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
Houston Util. Sys. Rev. Bonds: | | | |
Series 2004 A, 5.25% 5/15/14 | $ 3,000 | | $ 3,106 |
Series 2010 C, 5% 11/15/13 | 1,000 | | 1,010 |
Series 2011 E, 5% 11/15/13 | 5,810 | | 5,867 |
Irving Independent School District Bonds Series PT 3954, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo & Co.) (c)(g)(h) | 20,830 | | 20,830 |
Judson Independent School District Bonds Series MS 06 1859, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo & Co.) (c)(g)(h) | 7,890 | | 7,890 |
Keller Independent School District Bonds Series WF11 55 C, 0.19%, tender 10/24/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 5,635 | | 5,635 |
Klein Independent School District Bonds Series 2012 B, 2% 2/1/14 (Permanent School Fund of Texas Guaranteed) | 2,000 | | 2,015 |
Lower Colorado River Auth. Rev.: | | | |
0.1% 9/3/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 6,000 | | 6,000 |
0.11% 9/5/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 16,000 | | 16,000 |
0.14% 10/3/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 4,500 | | 4,500 |
0.14% 10/3/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 19,800 | | 19,800 |
0.14% 11/4/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 4,600 | | 4,600 |
0.17% 10/3/13, LOC JPMorgan Chase Bank, LOC State Street Bank & Trust Co., Boston, CP | 10,000 | | 10,000 |
Midland Independent School District Bonds Series 2013, 1% 2/15/14 (Permanent School Fund of Texas Guaranteed) | 5,975 | | 5,997 |
North Central Texas Health Facilities Dev. Corp. Bonds Series WF 1249C, 0.18%, tender 11/7/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 5,000 | | 5,000 |
North Texas Tollway Auth. Rev. Bonds Series 2009 D: | | | |
0.1% tender 10/11/13, LOC JPMorgan Chase Bank, CP mode | 23,000 | | 23,000 |
0.12% tender 10/9/13, LOC JPMorgan Chase Bank, CP mode | 10,000 | | 10,000 |
Plano Gen. Oblig. Bonds Series MS 06 1862, 0.19%, tender 11/21/13 (Liquidity Facility Wells Fargo & Co.) (c)(g)(h) | 11,665 | | 11,665 |
Richardson Independent School District Bonds Series 2011, 4% 2/15/14 (Permanent School Fund of Texas Guaranteed) | 2,735 | | 2,782 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Texas - continued |
San Antonio Elec. & Gas Sys. Rev. Bonds: | | | |
Series 2002: | | | |
5.375% 2/1/14 | $ 3,360 | | $ 3,433 |
5.375% 2/1/14 | 6,400 | | 6,539 |
Series 2006 A, 5% 2/1/14 | 1,015 | | 1,035 |
San Antonio Gen. Oblig. Bonds Series 2013, 2% 2/1/14 | 8,500 | | 8,565 |
Tarrant County Cultural Ed. Facilities Fin. Corp. Hosp. Rev. Bonds (Baylor Health Care Sys. Proj.): | | | |
Series 2011 B, 0.19%, tender 3/28/14 (c) | 6,300 | | 6,300 |
Series 2013 B, 0.15%, tender 3/28/14 (c) | 9,500 | | 9,500 |
Tarrant Reg'l. Wtr. District Wtr. R Bonds Series WF 12 6C, 0.18%, tender 11/7/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 12,375 | | 12,375 |
Tarrant Reg'l. Wtr. District Wtr. Rev. Bonds Series 2012 A, 4% 3/1/14 | 6,300 | | 6,419 |
Texas A&M Univ. Rev.: | | | |
Bonds Series 2013 B, 3% 5/15/14 | 11,960 | | 12,196 |
Series 1993 B, 0.1% 9/12/13, CP | 5,460 | | 5,460 |
Texas Gen. Oblig.: | | | |
Bonds: | | | |
Series 2010 B, 5% 8/1/14 | 1,000 | | 1,044 |
Series 2011, 3% 10/1/13 | 2,000 | | 2,005 |
TRAN Series 2013, 2% 8/28/14 | 1,000,400 | | 1,018,145 |
Texas Muni. Pwr. Agy. Rev. Series 2005: | | | |
0.1% 9/17/13, LOC Barclays Bank PLC, CP | 10,800 | | 10,800 |
0.11% 10/10/13, LOC Barclays Bank PLC, CP | 3,300 | | 3,300 |
0.14% 9/12/13, LOC Barclays Bank PLC, CP | 15,835 | | 15,835 |
0.14% 9/17/13, LOC Barclays Bank PLC, CP | 7,800 | | 7,800 |
Texas Trans. Commission State Hwy. Fund Rev. Bonds Series 2007, 5% 4/1/14 | 1,500 | | 1,541 |
Texas Wtr. Dev. Board Rev. Bonds Series 2013 A, 1% 7/15/14 | 2,590 | | 2,608 |
Univ. of Texas Board of Regents Sys. Rev. Series 2002 A: | | | |
0.14% 10/3/13 (Liquidity Facility Univ. of Texas Invt. Mgmt. Co.), CP | 17,400 | | 17,400 |
0.16% 9/10/13 (Liquidity Facility Univ. of Texas Invt. Mgmt. Co.), CP | 14,000 | | 14,000 |
Upper Trinity Reg'l. Wtr. District Series 2013 A, 0.11% 9/4/13, LOC Bank of America NA, CP | 15,000 | | 15,000 |
| | 1,579,465 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Utah - 0.8% |
Intermountain Pwr. Agcy. Pwr. Supply Rev.: | | | |
Series 1997 B1, 0.11% 9/19/13 (Liquidity Facility JPMorgan Chase Bank), CP | $ 23,300 | | $ 23,300 |
Series 1997 B3, 0.11% 9/19/13 (Liquidity Facility JPMorgan Chase Bank), CP | 55,200 | | 55,200 |
Series 1998 B4, 0.14% 9/26/13 (Liquidity Facility JPMorgan Chase Bank), CP | 87,300 | | 87,300 |
Salt Lake County Utah TRAN Series 2013, 1% 12/27/13 | 48,300 | | 48,429 |
Utah Gen. Oblig. Bonds: | | | |
Series 2004 A, 5% 7/1/14 | 11,900 | | 12,376 |
Series 2011 A, 5% 7/1/14 | 1,630 | | 1,695 |
| | 228,300 |
Virginia - 0.6% |
Fairfax County Gen. Oblig. Bonds Series 2013 A, 1.5% 10/1/13 | 5,170 | | 5,176 |
Fairfax County Indl. Dev. Auth. Bonds (Inova Health Sys. Proj.) Series 2012 C, 0.14%, tender 3/28/14 (c) | 23,000 | | 23,000 |
Halifax County Indl. Dev. Auth. Poll. Cont. Rev. Bonds (Virginia Elec. & Pwr. Co. Proj.) Series 1992, 0.7% tender 9/18/13, CP mode (f) | 23,600 | | 23,600 |
Hampton Roads Sanitation District Wastewtr. Rev. Bonds Series 2012 A, 2% 1/1/14 | 2,205 | | 2,218 |
Norfolk Econ. Dev. Auth. Hosp. Facilities Rev. Bonds (Sentara Healthcare Proj.): | | | |
Series 2010 B, 0.18%, tender 3/28/14 (c) | 14,255 | | 14,255 |
Series 2012 A, 0.14%, tender 3/28/14 (c) | 13,200 | | 13,200 |
Norfolk Econ. Dev. Auth. Rev. 0.1% 9/16/13, CP | 13,800 | | 13,800 |
Prince William County Indl. Dev. Auth. Poll. Cont. Rev. Bonds (Virginia Elec. & Pwr. Co. Proj.) 0.65% tender 9/18/13, CP mode | 11,200 | | 11,200 |
Virginia Beach Gen. Oblig. Bonds: | | | |
Series 2011 A, 4% 6/1/14 | 4,500 | | 4,627 |
Series 2013, 2% 1/15/14 | 5,700 | | 5,738 |
Virginia College Bldg. Auth. Edl. Facilities Rev. Bonds: | | | |
(Pub. Higher Ed. Fing. Prog.) Series 2009 B: | | | |
5% 9/1/13 | 7,530 | | 7,530 |
5% 9/1/14 | 4,475 | | 4,689 |
Series 2001 A, 5% 9/1/13 | 6,010 | | 6,010 |
Series 2012 A, 5% 2/1/14 | 5,340 | | 5,447 |
Virginia Commonwealth Trans. Board Rev. Bonds Series 2010 A, 5% 5/15/14 | 9,710 | | 10,038 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Virginia - continued |
Virginia Pub. School Auth. Bonds Series 2013 I, 5% 4/15/14 | $ 11,065 | | $ 11,394 |
Virginia Resources Auth. Clean Wtr. Rev. Bonds Series 2005 A, 5.25% 10/1/13 | 3,035 | | 3,048 |
| | 164,970 |
Washington - 0.5% |
Energy Northwest Elec. Rev. Bonds: | | | |
(#1 Proj.) Series 2006 A, 5% 7/1/14 | 3,650 | | 3,795 |
Series 2008 A, 5% 7/1/14 | 1,485 | | 1,544 |
King County Swr. Rev. Bonds: | | | |
Series 2011 B, 5% 1/1/14 | 8,160 | | 8,290 |
Series 2013 A, 2% 1/1/14 | 3,400 | | 3,420 |
Port of Seattle Rev. Series 2001 B1, 0.2% 10/16/13, LOC Bank of America NA, CP (f) | 17,655 | | 17,655 |
Seattle Gen. Oblig. Bonds Series 2011, 5% 3/1/14 | 5,000 | | 5,119 |
Seattle Muni. Lt. & Pwr. Rev. Bonds: | | | |
Series 2004, 5% 8/1/14 | 1,300 | | 1,357 |
Series 2010 B, 5% 2/1/14 | 2,550 | | 2,601 |
Series 2012 A, 3% 6/1/14 | 4,755 | | 4,853 |
Spokane County School District #81 Bonds Series 2012, 4% 12/1/13 (Washington Gen. Oblig. Guaranteed) | 8,525 | | 8,605 |
Univ. of Washington Univ. Revs. Series 2013 A, 0.08% 9/16/13, CP | 10,000 | | 10,000 |
Washington Ctfs. of Prtn. Bonds Series 2013 D, 2% 7/1/14 | 4,445 | | 4,510 |
Washington Gen. Oblig. Bonds: | | | |
Series 2006 D, 5% 1/1/14 | 3,810 | | 3,871 |
Series 2007 C, 5% 1/1/14 | 4,000 | | 4,064 |
Series 2008 C, 5% 1/1/14 | 13,020 | | 13,228 |
Series 2011 A, 5% 1/1/14 | 1,750 | | 1,778 |
Series 2011 B, 5% 7/1/14 | 10,995 | | 11,435 |
Series 2013 E, 5% 2/1/14 | 3,695 | | 3,769 |
Series GS 06 7T, 0.19%, tender 12/12/13 (Liquidity Facility Wells Fargo & Co.) (c)(g)(h) | 15,435 | | 15,435 |
Series WF 11-16C, 0.18%, tender 2/6/14 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 20,100 | | 20,100 |
| | 145,429 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
West Virginia - 0.1% |
Grant County Cmnty. Solid Waste Disp. Rev. Bonds (Virginia Elec. & Pwr. Co. Proj.) Series 1996, 0.35% tender 9/16/13, CP mode (f) | $ 20,000 | | $ 20,000 |
Grant County Poll. Cont. Rev. Bonds (Virginia Elec. & Pwr. Co. Proj.) Series 1986, 0.7% tender 9/18/13, CP mode (f) | 7,400 | | 7,400 |
| | 27,400 |
Wisconsin - 0.8% |
Madison Gen. Oblig. Bonds Series 2012 A, 2% 10/1/13 | 3,970 | | 3,976 |
Milwaukee Gen. Oblig.: | | | |
Bonds Series 2013, 5% 5/15/14 | 9,500 | | 9,819 |
RAN Series 2013 R1, 1.75% 12/5/13 | 61,000 | | 61,249 |
Wisconsin Clean Wtr. Rev. Bonds Series 2, 5.25% 6/1/14 | 4,765 | | 4,945 |
Wisconsin Gen. Oblig.: | | | |
Bonds: | | | |
Series 2011 B, 5% 5/1/14 | 3,000 | | 3,095 |
Series WF 11-14C, 0.19%, tender 12/19/13 (Liquidity Facility Wells Fargo Bank NA) (c)(g)(h) | 4,000 | | 4,000 |
Series 2005 A, 0.09% 9/17/13 (Liquidity Facility Bank of New York, New York), CP | 14,500 | | 14,500 |
Series 2006 A, 0.09% 9/9/13 (Liquidity Facility Bank of New York, New York), CP | 13,500 | | 13,500 |
Wisconsin Health & Edl. Facilities Bonds Series 2013 B, 0.12%, tender 3/28/14 (c) | 13,500 | | 13,500 |
Wisconsin Health & Edl. Facilities Auth. Rev. Bonds: | | | |
(Aurora Health Care, Inc. Sys. Proj.) Series 2010 C, 0.14% tender 10/3/13, LOC Bank of America NA, CP mode | 38,615 | | 38,615 |
0.13% tender 12/2/13, CP mode | 9,600 | | 9,600 |
Wisconsin Trans. Rev.: | | | |
Bonds Series 1, 5% 7/1/14 | 3,385 | | 3,520 |
Series 1997 A, 0.09% 9/10/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (Liquidity Facility California Teachers Retirement Sys.), CP | 10,413 | | 10,413 |
Series 1997, 0.17% 9/12/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (Liquidity Facility California Teachers Retirement Sys.), CP | 19,149 | | 19,149 |
Other Municipal Debt - continued |
| Principal Amount (000s) | | Value (000s) |
Wisconsin - continued |
Wisconsin Trans. Rev.: - continued | | | |
Series 2006 A: | | | |
0.09% 9/10/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (Liquidity Facility California Teachers Retirement Sys.), CP | $ 5,100 | | $ 5,100 |
0.17% 9/12/13 (Liquidity Facility State Street Bank & Trust Co., Boston) (Liquidity Facility California Teachers Retirement Sys.), CP | 6,836 | | 6,836 |
| | 221,817 |
TOTAL OTHER MUNICIPAL DEBT (Cost $8,342,207) |
8,342,207
|
Investment Company - 10.6% |
| Shares | | |
Fidelity Municipal Cash Central Fund, 0.07% (d)(e) (Cost $3,035,406) | 3,035,406,134 | |
3,035,406
|
TOTAL INVESTMENT PORTFOLIO - 101.8% (Cost $29,110,179) | | 29,110,179 |
NET OTHER ASSETS (LIABILITIES) - (1.8)% | | (517,927) |
NET ASSETS - 100% | $ 28,592,252 |
Fidelity Municipal Money Market Fund (the Fund) is a fund of Fidelity Union Street Trust II (the Trust) and is authorized to issue an unlimited number of shares. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Delaware statutory trust.
The Fund invests in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by Fidelity Management & Research Company (FMR) and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of FMR.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds, which are not covered by the Fund's Report of Independent Registered Public Accounting Firm, are available on the SEC website or upon request.
The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
As permitted by compliance with certain conditions under Rule 2a-7 of the 1940 Act, securities are valued at amortized cost, which approximates fair value. The amortized cost of an instrument is determined by valuing it at its original cost and thereafter amortizing any discount or premium from its face value at a constant rate until maturity. Securities held by a money market fund are generally high quality and liquid; however, they are reflected as Level 2 because the inputs used to determine fair value are not quoted prices in an active market.
the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction.
Dividends are declared and recorded daily and paid monthly from net investment income. Distributions from realized gains, if any, are declared and recorded on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP. In addition, the Fund claimed a portion of the payment made to redeeming shareholders as a distribution for income tax purposes.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Temporary book-tax differences will reverse in a subsequent period.
Book-tax differences are primarily due to deferred trustee compensation.
The Fund purchases municipal securities whose interest, in the opinion of the issuer, is free from federal income tax. There is no assurance that the Internal Revenue Service (IRS) will agree with this opinion. In the event the IRS determines that the issuer does not comply with relevant tax requirements, interest payments from a security could become federally taxable, possibly retroactively to the date the security was issued.
The federal tax cost of investment securities and unrealized appreciation (depreciation) as of period end were as follows:
The tax-based components of distributable earnings as of period end were as follows:
Citibank also has a sub-arrangement with Fidelity Service Company, Inc. (FSC), an affiliate of FMR, under which FSC maintains the Fund's accounting records. The fee is paid to Citibank and is based on the level of average net assets for each month.
FMR or its affiliates voluntarily agreed to waive certain fees in order to maintain a minimum annualized yield of .01%. Such arrangements may be discontinued by FMR at any time. For the period, the amount of the waiver was $70,354.
In addition, through arrangements with the Fund's custodian, credits realized as a result of uninvested cash balances were used to reduce the Fund's expenses. During the period, these credits reduced the Fund's expenses by $99.
The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.
To the Trustees of Fidelity Union Street Trust II and the Shareholders of Fidelity Municipal Money Market Fund:
In our opinion, the accompanying statement of assets and liabilities, including the schedule of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Fidelity Municipal Money Market Fund (a fund of Fidelity Union Street Trust II) at August 31, 2013, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Fidelity Municipal Money Market Fund's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at August 31, 2013 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.
The Trustees and executive officers of the trust and fund, as applicable, are listed below. The Board of Trustees governs the fund and is responsible for protecting the interests of shareholders. The Trustees are experienced executives who meet periodically throughout the year to oversee the fund's activities, review contractual arrangements with companies that provide services to the fund, oversee management of the risks associated with such activities and contractual arrangements, and review the fund's performance. Except for Elizabeth S. Acton and James C. Curvey, each of the Trustees oversees 221 funds. Ms. Acton oversees 203 funds. Mr. Curvey oversees 387 funds.
The Trustees hold office without limit in time except that (a) any Trustee may resign; (b) any Trustee may be removed by written instrument, signed by at least two-thirds of the number of Trustees prior to such removal; (c) any Trustee who requests to be retired or who has become incapacitated by illness or injury may be retired by written instrument signed by a majority of the other Trustees; and (d) any Trustee may be removed at any special meeting of shareholders by a two-thirds vote of the outstanding voting securities of the trust. Each Trustee who is not an interested person of the trust and the fund (as defined in the 1940 Act) (Independent Trustee), shall retire not later than the last day of the month in which his or her 75th birthday occurs. The Independent Trustees may waive this mandatory retirement age policy with respect to individual Trustees. The executive officers hold office without limit in time, except that any officer may resign or may be removed by a vote of a majority of the Trustees at any regular meeting or any special meeting of the Trustees. Except as indicated, each individual has held the office shown or other offices in the same company for the past five years.
In determining that a particular Trustee was and continues to be qualified to serve as a Trustee, the Board has considered a variety of criteria, none of which, in isolation, was controlling. The Board believes that, collectively, the Trustees have balanced and diverse experience, qualifications, attributes, and skills, which allow the Board to operate effectively in governing the fund and protecting the interests of shareholders. Information about the specific experience, skills, attributes, and qualifications of each Trustee, which in each case led to the Board's conclusion that the Trustee should serve (or continue to serve) as a trustee of the fund, is provided below.
Fidelity funds are overseen by different Boards of Trustees. The fund's Board oversees Fidelity's investment-grade bond, money market, and asset allocation funds and another Board oversees Fidelity's equity and high income funds. The asset allocation funds may invest in Fidelity funds that are overseen by such other Board. The use of separate Boards, each with its own committee structure, allows the Trustees of each group of Fidelity funds to focus on the unique issues of the funds they oversee, including common research, investment, and operational issues. On occasion, the separate Boards establish joint committees to address issues of overlapping consequences for the Fidelity funds overseen by each Board.
The Trustees operate using a system of committees to facilitate the timely and efficient consideration of all matters of importance to the Trustees, the fund, and fund shareholders and to facilitate compliance with legal and regulatory requirements and oversight of the fund's activities and associated risks. The Board, acting through its committees, has charged FMR and its affiliates with (i) identifying events or circumstances the occurrence of which could have demonstrably adverse effects on the fund's business and/or reputation; (ii) implementing processes and controls to lessen the possibility that such events or circumstances occur or to mitigate the effects of such events or circumstances if they do occur; and (iii) creating and maintaining a system designed to evaluate continuously business and market conditions in order to facilitate the identification and implementation processes described in (i) and (ii) above. Because the day-to-day operations and activities of the fund are carried out by or through FMR, its affiliates, and other service providers, the fund's exposure to risks is mitigated but not eliminated by the processes overseen by the Trustees. While each of the Board's committees has responsibility for overseeing different aspects of the fund's activities, oversight is exercised primarily through the Operations and Audit Committees. In addition, an ad hoc Board committee of Independent Trustees has worked with FMR to enhance the Board's oversight of investment and financial risks, legal and regulatory risks, technology risks, and operational risks, including the development of additional risk reporting to the Board. The Operations Committee also worked and continues to work with FMR to enhance the stress tests required under SEC regulations for money market funds. Appropriate personnel, including but not limited to the fund's Chief Compliance Officer (CCO), FMR's internal auditor, the independent accountants, the fund's Treasurer and portfolio management personnel, make periodic reports to the Board's committees, as appropriate, including an annual review of FMR's risk management program for the Fidelity funds. The responsibilities of each standing committee, including their oversight responsibilities, are described further under "Standing Committees of the Fund's Trustees."
The fund's Statement of Additional Information (SAI) includes more information about the Trustees. To request a free copy, call Fidelity at 1-800-544-8544.
Correspondence intended for each Trustee who is an interested person may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.
* Trustees have been determined to be "Interested Trustees" by virtue of, among other things, their affiliation with the trust or various entities under common control with FMR.
Correspondence intended for each Independent Trustee (that is, the Trustees other than the Interested Trustees) may be sent to Fidelity Investments, P.O. Box 55235, Boston, Massachusetts 02205-5235.
Correspondence intended for each executive officer may be sent to Fidelity Investments, 245 Summer Street, Boston, Massachusetts 02210.
The fund hereby designates as a capital gain dividend with respect to the taxable year ended August 31, 2013, $1,802,131 or, if subsequently determined to be different, the net capital gain of such year.
During fiscal year ended 2013, 100% of the fund's income dividends was free from federal income tax, and 30.19% of the fund's income dividends was subject to the federal alternative minimum tax.
The fund will notify shareholders in January 2014 of amounts for use in preparing 2013 income tax returns.
Item 2. Code of Ethics
As of the end of the period, August 31, 2013, Fidelity Union Street Trust II (the trust) has adopted a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its President and Treasurer and its Chief Financial Officer. A copy of the code of ethics is filed as an exhibit to this Form N-CSR.
Item 3. Audit Committee Financial Expert
The Board of Trustees of the trust has determined that James H. Keyes is an audit committee financial expert, as defined in Item 3 of Form N-CSR. Mr. Keyes is independent for purposes of Item 3 of Form N-CSR.
Item 4. Principal Accountant Fees and Services
The following table presents fees billed by PricewaterhouseCoopers LLP ("PwC") in each of the last two fiscal years for services rendered to Fidelity AMT Tax-Free Money Fund, Fidelity Arizona Municipal Money Market Fund and Fidelity Municipal Money Market Fund (the "Funds"):
The following table presents fees billed by PwC that were required to be approved by the Audit Committee for services that relate directly to the operations and financial reporting of the Funds and that are rendered on behalf of Fidelity Management & Research Company ("FMR") and entities controlling, controlled by, or under common control with FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser) that provide ongoing services to the Funds ("Fund Service Providers"):
"Audit-Related Fees" represent fees billed for assurance and related services that are reasonably related to the performance of the fund audit or the review of the fund's financial statements and that are not reported under Audit Fees.
"Tax Fees" represent fees billed for tax compliance, tax advice or tax planning that relate directly to the operations and financial reporting of the fund.
"All Other Fees" represent fees billed for services provided to the fund or Fund Service Provider, a significant portion of which are assurance related, that relate directly to the operations and financial reporting of the fund, excluding those services that are reported under Audit Fees, Audit-Related Fees or Tax Fees.
Assurance services must be performed by an independent public accountant.
The aggregate non-audit fees billed by PwC for services rendered to the Funds, FMR (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any Fund Service Provider for each of the last two fiscal years of the Funds are as follows:
The trust's Audit Committee has considered non-audit services that were not pre-approved that were provided by PwC to Fund Service Providers to be compatible with maintaining the independence of PwC in its audit of the Funds, taking into account representations from PwC, in accordance with Public Company Accounting Oversight Board rules, regarding its independence from the Funds and their related entities and FMR's review of the appropriateness and permissibility under applicable law of such non-audit services prior to their provision to the Fund Service Providers.
The trust's Audit Committee must pre-approve all audit and non-audit services provided by a fund's independent registered public accounting firm relating to the operations or financial reporting of the fund. Prior to the commencement of any audit or non-audit services to a fund, the Audit Committee reviews the services to determine whether they are appropriate and permissible under applicable law.
The Audit Committee has adopted policies and procedures to, among other purposes, provide a framework for the Committee's consideration of non-audit services by the audit firms that audit the Fidelity funds. The policies and procedures require that any non-audit service provided by a fund audit firm to a Fidelity fund and any non-audit service provided by a fund auditor to a Fund Service Provider that relates directly to the operations and financial reporting of a Fidelity fund ("Covered Service") are subject to approval by the Audit Committee before such service is provided.
All Covered Services must be approved in advance of provision of the service either: (i) by formal resolution of the Audit Committee, or (ii) by oral or written approval of the service by the Chair of the Audit Committee (or if the Chair is unavailable, such other member of the Audit Committee as may be designated by the Chair to act in the Chair's absence). The approval contemplated by (ii) above is permitted where the Treasurer determines that action on such an engagement is necessary before the next meeting of the Audit Committee.
Non-audit services provided by a fund audit firm to a Fund Service Provider that do not relate directly to the operations and financial reporting of a Fidelity fund are reported to the Audit Committee on a periodic basis.
There were no non-audit services approved or required to be approved by the Audit Committee pursuant to the De Minimis Exception during the Funds' last two fiscal years relating to services provided to (i) the Funds or (ii) any Fund Service Provider that relate directly to the operations and financial reporting of the Funds.
Item 5. Audit Committee of Listed Registrants
Not applicable.
Item 6. Investments
(a) Not applicable.
Not applicable.
Not applicable.
Item 9. Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.
There were no material changes to the procedures by which shareholders may recommend nominees to the trust's Board of Trustees.
(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the trust's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.
(a)(ii) There was no change in the trust's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the trust's internal control over financial reporting.
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.
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.
