SPARTAN MUNICIPAL FUND, SPARTAN SPARTAN
AGGRESSIVE MUNICIPAL FUND & MUNICIPAL
SPARTAN INSURED MUNICIPAL INCOME
FUND
INVESTMENTS AT NOVEMBER 30, 1997 INCOME
(UNAUDITED) FUND
PRINCIPAL
AMOUNT VALUE ($)
MUNICIPAL BONDS
Alabama Alabama Bldg. Renovation Fin. 3,000,000 3,296,250
Auth. Rev. 7.45% 9/1/11
Alabama Alabama Mental Health Fin. Auth. 3,000,000 3,191,250
Spl. Tax 7.375% 5/1/09
(Pre-Refunded to 5/1/99 @ 102)
Alabama Cullman Med. Park South Med.
Clinic Board Rev. (Cullman Reg'l.
Med. Ctr.) Series A,6.50% 2/15/23
Alabama Huntsville Gen. Oblig. Rfdg.
Series D, 6% 8/1/08
Alabama Mobile Wtr. & Swr. Commissioners 4,600,000 4,991,000
Wtr. & Swr. Rev. Rfdg. 6.50%
1/1/09
Alaska Alaska Student Ln. Corp. Student 1,070,000 1,122,163
Ln. Rev. Series A, 5.90% 7/1/03
(AMBAC Insured)
Alaska Alaska Student Loan Corp. Student 2,000,000 2,102,500
Loan Rev. (State Assisted) Series
A, 6% 7/1/04(AMBAC Insured) (AMT)
Alaska Alaska Student Loan Corp. Student 1,300,000 1,358,500
Loan Rev. Series A, 5.55% 7/1/03
(AMBAC Insured) AMT
Alaska Alaska Student Loan Corp. Student 1,300,000 1,366,625
Loan Rev. Series A, 5.65% 7/1/04
(AMBAC Insured) AMT
Alaska Alaska Student Loan Corp. Student 4,200,000 4,520,250
Loan Rev. Series A, 7.30% 7/1/00
(AMBAC Insured) AMT
Alaska Alaska Student Loan Rev. Series A, 1,500,000 1,539,375
5.15% 7/1/05 (AMBAC Insured) (AMT)
Alaska North Slope Boro Alaska Series A, 1,400,000 1,198,750
0% 6/30/01 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig. 5,000,000 4,281,250
(Cap. Appreciation) Series A, 0%
6/30/01 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig. 16,000,000 13,340,000
(Cap. Appreciation) Series B, 0%
1/1/02 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig. 9,000,000 7,143,750
(Cap. Appreciation) Series B, 0%
1/1/03 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig. 2,500,000 1,737,500
(Cap. Appreciation) Series B, 0%
6/30/05 (Cap. Guaranty Insured)
Alaska North Slope Borough Gen. Oblig. 2,000,000 2,212,500
Series B, 7.50% 6/30/01 (FSA
Insured)
Alaska Valdez Marine Term. Rev. Rfdg.
(Mobil Oil Co./Alaska Pipeline)
5.75% 11/1/28
Arizona Arizona Trans. Board Excise Tax
Rev. Rfdg. (Maricopa County Reg'l.
Area B) 6% 7/01/05 (AMBAC Insured)
Arizona Arizona Trans. Board Excise Tax
Rev. Rfdg. (Maricopa County Reg'l.
Area) Series A, 6%7/1/03 (AMBAC
Insured)
Arizona Chandler 4.375% 7/1/12 (FGIC 1,000,000 926,250
Insured)
Arizona Chandler 7.375% 7/1/09, (FGIC 1,000,000 1,237,500
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap. 5,700,000 4,004,250
Appreciation) 0% 7/1/05 (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap. 5,700,000 3,811,875
Appreciation) 0% 7/1/06 (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap. 5,700,000 3,619,500
Appreciation) 0% 7/1/07 (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap. 1,700,000 1,020,000
Appreciation) 0% 7/1/08 (FGIC
Insured)
Arizona Cochise County Ind. Dev. Auth.
Hosp. Rev. Rfdg. (Sierra Vista
Commty. Hosp. Proj.)Series A,
6.75% 12/1/26
Arizona Maricopa County Hosp. Rev. Rfdg. 2,435,000 2,483,700
(Sun Health Corp.) 5.40% 4/1/05
Arizona Maricopa County Hosp. Rev. Rfdg.
(Sun Health Corp.) 5.65% 4/1/06
Arizona Maricopa County Ind. Dev. Auth. 2,000,000 2,437,500
Hosp. Facs. Rev. Rfdg. (Samaritan
Health Svcs.)Series A, 7% 12/1/16
(MBIA Insured)
Arizona Maricopa County Series C, 8.90% 3,950,000 4,236,375
7/1/99
Arizona Phoenix Gen. Oblig. Rfdg. 6% 1,840,000 1,971,100
7/1/02
Arizona Pima Cnty. Unified School Dist. 2,000,000 2,417,500
Tucson Proj. of 1989 Series G, 8%
7/1/04 (MBIA Insured)
Arizona Pima County Ctfs. Prtn. 4.75% 2,060,000 2,098,625
1/1/04 (MBIA Insured)
Arizona Pima County Ctfs. Prtn. 4.90% 2,000,000 2,047,500
1/1/06 (MBIA Insured)
Arizona Sierra Vista Ind. Dev. Auth. Hosp.
Rev. Rfdg. (Sierra Vista Commty.
Hosp. Proj.)8.75% 12/1/16
(Pre-Refunded to 12/1/98 @ 103)
Arizona Tucson Ltd. Tax Rfdg. 7.50% 7/1/01 2,525,000 2,796,438
Arizona Tucson Wtr. Rev. Series D, 9.75% 500,000 694,375
7/1/07
Arizona Tucson Wtr. Rev. Series D, 9.75% 500,000 709,375
7/1/08
Arizona Tucson Wtr. Rev. Series D, 9.75% 750,000 1,082,813
7/1/09
Arkansas Arkansas Dev. Fin. Auth. Rev. 4,500,000 4,905,000
(Cap. Asset) Series B, 7.10%
3/1/08
Arkansas Arkansas Gen. Oblig. (College
Savings Prog.)(Cap. Appreciation)
Series C, 0% 6/1/05
Arkansas Arkansas State College Savings 1,280,000 1,000,000
(Cap. Appreciation) Series A, 0%
6/1/03
Arkansas Arkansas State College Savings 1,110,000 824,175
(Cap. Appreciation) Series A, 0%
6/1/04
Arkansas Little Rock Arpt. Passenger Facs.
Charge Rev. 5.65% 5/1/16 (AMBAC
Insured) (AMT)
Arkansas North Little Rock Elec. Rev. Rfdg. 3,840,000 4,483,200
Series A, 6.50% 7/1/10 (MBIA
Insured)
Arkansas Pulaski County Health Facs. Board 1,750,000 1,951,250
Rev. Rfdg. (Sisters Charity
Nazareth-St. VincentsInfirmary)
6.05% 11/1/09 (MBIA Insured)
Arkansas Rogers Sales & Use Tax Rev. 5% 2,000,000 2,037,500
11/1/15
California California Dept. Wtr. Resources
Central Valley Proj. Rev. (Wtr.
Sys.) Series O, 4.75% 12/1/25
California California Edl. Facs. Auth. Rev. 5,400,000 5,379,750
(Standford Univ.) Series N, 5.20%
12/1/27
California California Gen. Oblig. (Various 16,060,000 17,485,325
Purp.) 6.25% 10/1/19
California California Gen. Oblig. 4.75% 4,040,000 3,757,200
9/1/18 (FSA Insured)
California California Gen. Oblig. 5.125% 4,650,000 4,522,125
10/1/27
California California Gen. Oblig. 5.25% 5,000,000 5,050,000
10/1/13
California California Gen. Oblig. 5.25% 1,500,000 1,500,000
10/1/17
California California Gen. Oblig. 6.30% 4,000,000 4,540,000
9/1/10
California California Gen. Oblig. 7% 10/1/06 8,975,000 10,545,625
California California Gen. Oblig. 7% 10/1/09 1,000,000 1,195,000
California California Gen. Oblig. 7% 3/1/06 1,365,000 1,590,225
California California Gen. Oblig. 7% 8/1/04 2,000,000 2,282,500
California California Hsg. Fin. Agcy. Rev. 187,000 36,933
(Home Mtg. Single Family) (Cap.
Appreciation)Series 1983 A, 0%
2/1/15
California California Hsg. Fin. Agcy. Rev.
(Home Mtg.) Series B, 5.20% 8/1/26
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev. 1,000,000 1,053,750
(Home Mtg.) Series G, 5.90% 2/1/09
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev. 2,000,000 2,107,500
(Home Mtg.) Series G, 5.90% 8/1/09
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev. 3,000,000 3,157,500
(Home Mtg.) Series R, 6.15% 8/1/27
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev. 870,000 893,925
Rfdg. (Home Mtg.) Series A, 5.30%
8/1/14 (MBIA Insured)
California California Hsg. Fin. Agcy. Rev. 2,100,000 2,155,125
Rfdg. (Home Mtg.) Series A, 5.70%
8/1/16 (MBIA Insured)
California California Poll. Cont. Fing. Auth. 5,235,000 5,699,606
Resource Recovery Rev. (Waste
Mgmt., Inc.) Series A, 7.15%
2/1/11 (AMT)
California California Pub. Wks Board Lease 2,500,000 2,540,625
Rev. Rfdg. (Dept. of Corrections
State Prison, Montery County
Soledad II) Series D, 5.375%
11/1/13
California California Pub. Wks. Board Lease 5,000,000 5,312,500
Rev. (Commty. College Proj.)
Series A, 6% 10/1/14
California California Pub. Wks. Board Lease 1,500,000 1,492,500
Rev. (Dept. of Corrections State
Prison D-Susanville) 5.375% 6/1/18
California California Pub. Wks. Board Lease
Rev. (Dept. of Corrections State
Prison D-Susanville) Series A,
5.50% 1/1/14 (AMBAC Insured)
California California Pub. Wks. Board Lease 5,500,000 5,761,250
Rev. (Various California State
Univ. Projs.) Series A, 5.50%
6/1/14
California California Pub. Wks. Board Lease 3,750,000 3,754,688
Rev. (Various California Univ.
Proj.) Series A, 5.25% 12/1/13
California California Pub. Wks. Board Lease 1,500,000 1,530,000
Rev. Rfdg. (California Commty.
Colleges) Series D, 5.375% 3/1/12
California California Pub. Wks. Board Lease 3,000,000 3,071,250
Rev. Rfdg. (California Commty.
Colleges) Series D,5.375% 3/1/11
California California Pub. Wks. Board Lease
Rev. Rfdg. (Dept. of Corrections
State Prisons)Series A, 5% 12/1/19
(AMBAC Insured)
California California Pub. Wks. Board Lease 5,000,000 5,156,250
Rev. Rfdg. (State Archives Bldg.
Complex) Series A,5.375% 12/1/10
California California Pub. Wks. Board Lease 18,250,000 19,276,563
Rev. Rfdg. (Various California
State Univ. Projs.)Series A, 5.50%
6/1/10
California California Pub. Wks. Board Lease
Rev. Rfdg.(California Univ. Proj.)
Series A, 5.50% 10/1/13
California California Pub. Wrks Board Lease
Rev. (Various California Univ.
Proj.) Series A, 6.50% 9/1/05
California California Pub. Wrks. Board Lease
Rev. (Various Commty. College
Proj.) Series A, 5.50% 12/1/08
California California Rural Home Mtg. Fin. 9,000,000 9,101,250
Auth. Lease Rev. (Rural Lease
Purp.) Series A, 4.45%8/1/01 (MBIA
Insured)
California California St. Pub. Wks. Board 3,500,000 3,696,875
Lease Rev. (Secretary of State)
Series A, 6% 5/1/13
California California Statewide Commtys. Dev. 5,195,000 4,948,238
Corp. Ctfs. of Prtn. (J. Paul
Getty Trust) 5% 10/1/23
California California Univ. Rev. (Multiple 2,000,000 2,190,000
Purp. Projs.) Series D, 6.10%
9/1/10 (MBIA Insured)
California Castaic lake Wtr. Agcy. Ctfs. of 1,800,000 2,187,000
Prtn. Rfdg. (Wtr. Sys. Impt.
Proj.) Series A, 7.25%8/1/09 (MBIA
Insured)
California Compton Commty. Redev. Agcy. Rfdg.
(Tax Allocation-Campton Redev.)
Series A, 6.50%8/1/13 (FSA
Insured)
California Duarte Ctfs. of Prtn. (City of 15,750,000 16,498,125
Hope Med. Ctr.) 6.25% 4/1/23
California East Bay Muni. Util. Dist.
Wastewtr. Treatment Sys. Rev.
Rfdg. 4.75% 6/1/21 (FGICInsured)
California East Bay Muni. Util. Dist.
Wastewtr. Treatment Sys. Rev.
Rfdg. 4.75% 6/1/21 (FGICInsured)
California East Bay Muni. Util. Dist. Wtr. 1,250,000 1,348,438
Sys. Rev. Rfdg. 6.10% 6/1/07
California Encinitas Union School Dist. (Cap. 1,000,000 670,000
Appreciation) 0% 8/1/06 (MBIA
Insured)
California Encinitas Union School Dist. (Cap. 1,500,000 950,625
Appreciation) 0% 8/1/07 (MBIA
Insured)
California Encinitas Union School Dist. (Cap. 1,250,000 746,875
Appreciation) 0% 8/1/08 (MBIA
Insured)
California Encintas School Dist. 0% 8/1/05 1,500,000 1,059,375
(MBIA Insured)
California Foothill/Eastern Trans. Corridor
Agcy. Toll Rd. Rev. (Cap.
Appreciton) (Sr. Lien)Series A, 0%
1/1/08 (stepped coupon)
California La Quinta Redev. Agcy. Tax
Allocation Rfdg.(Redev. Proj. Area
#1) 7.30% 9/1/12 (MBIAInsured)
California Long Beach Harbor Rev. Refdg. 4,700,000 5,093,625
Series A, 6% 5/15/13 (FGIC
Insured)
California Long Beach Hbr. Rev. 5.125% 5,000,000 4,831,250
5/15/18 (AMT)
California Long Beach Hbr. Rev. 6% 5/15/06 3,000,000 3,288,750
(MBIA Insured) (AMT)
California Long Beach Hbr. Rev. 8% 5/15/04 6,305,000 7,518,713
(MBIA Insured) (AMT)
California Long Beach Hbr. Rev. 8.50% 5/15/03 6,235,000 7,435,238
(MBIA Insured) (AMT)
California Los Angeles County Metropolitan 4,355,000 4,409,438
Trans. Auth. Rev. Rfdg. (Gen.
Union Station) Series A,5.20%
7/1/12 (FSA Insured)
California Los Angeles County Metropolitan
Trans. Auth. Sales Tax Rev.
(Proposition A) 1st TierSr. Series
A, 5.90% 7/1/14 (MBIA Insured)
California Los Angeles County Metropolitan 3,380,000 3,523,650
Trans. Auth. Sales Tax Rev. Rfdg.
(Prop. A-2nd Tier)5.625% 7/1/13
(MBIA Insured)
California Los Angeles County Pub. Wks. Fing. 6,000,000 5,850,000
Auth. Lease Rev. (Multiple Cap.
Facs. Proj. #4)4.75% 2/1/10 (MBIA
Insured)
California Los Angeles County Trans.
Commission Sales Tax Rev.
(Proposistion C) Second Sr. Series
A, 6.25% 7/1/13 (MBIA Insured)
California Los Angeles Wastewtr. Sys. Rev.
Rfdg. Series D, 4.70% 11/1/17
(FGIC Insured)
California Los Angeles Wastewtr. Sys. Rev.
Rfdg. Series D, 4.70% 11/1/19
(FGIC Insured)
California M-S-R Pub. Pwr. Agcy. San Juan
Proj. Rev. Series E, 6.50% 7/1/05
(MBIA Insured)
California Madera County Ctfs. of Prtn.
(Valley Children's Hosp.) 6.25%
3/15/05 (MBIA Insured)
California Metro. Wtr. Dist. of Southern
California Wtrwks. Rev. Series A,
5% 7/1/26
California Metropolitan Wtr. Dist. Southern 8,770,000 8,112,250
California Wtrwks. Rev. Rfdg.
Series B, 4.75% 7/1/21(MBIA
Insured)
California Metropolitan Wtr. Dist. Southern 2,000,000 2,075,000
California Wtrwks. Rev. Series A,
5.75% 7/1/21 (MBIAInsured)
California Northern California Pwr. Agcy.
Pub. Pwr. Rev. Crossover Rfdg.
(Geothermal Proj. #3)Series A,
5.85% 7/1/10 (AMBAC Insured)
California Northern California Pwr. Agcy. 6,000,000 6,547,500
Pub. Pwr. Rev. Rfdg. (Geothermal
Proj. #3) Series A,5.80% 7/1/09
(AMBAC Insured)
California Oceanside Ctfs. of Prtn. Rfdg.
(Oceanside Civic Ctr. Proj.) 6%
8/1/08 (MBIA Insured)
California Pleasant Hill Joint Pwrs. Fing.
Auth. Lease Rev. (Cap. Impt.
Prog.) Series A, 5% 12/1/12 (MBIA
Insured)
California Sacramento City Fing. Auth. Lease
Rev. Rfdg. Series A, 5.375%
11/1/14 (AMBAC Insured)
California Sacramento Cogeneration Auth.
Cogeneration Proj. Rev. (Proctor &
Gamble Proj.) 6.50% 7/1/14
California Sacramento Cogeneration Auth.
Cogeneration Proj. Rev. (Proctor &
Gamble Proj.) 7% 7/1/04
California Sacramento Cogeneration Auth.
Cogeneration Proj. Rev. (Proctor &
Gamble Proj.)6.375% 7/1/10
California Sacramento Pwr. Auth. Cogeneration
Proj. Rev. 6.50% 7/1/07
California Sacramento Pwr. Auth. Cogeneration
Proj. Rev. 6.50% 7/1/09
California San Diego County Reg'l. Trans. 1,100,000 1,186,625
Commission Sales Tax Rev. Second
Sr. Series A, 6.25%4/1/02 (FGIC
Insured)
California San Francisco Bldg. Auth. Lease 5,500,000 5,369,375
Rev. (Dept. Gen. Svcs. Lease)
Series A, 5% 10/1/13
California San Francisco City & County Arpt. 5,955,000 6,051,769
Commission Int'l. Arpt. Rev. 2nd
Series Issue 10A,5.50% 5/1/13
(MBIA Insured) (AMT)
California San Francisco City & County Arpts. 2,330,000 2,536,788
Commission Int'l. Arpt. Rev. Rfdg.
Second Series Issue 1, 6.20%
5/1/05 (AMBAC Insured)
California San Francisco City & County Gen.
Oblig. Rfdg. Series 1, 5.50%
6/15/09 (FGIC Insured)
California San Francisco City & County Swr.
Rev. Rfdg. 5.90% 10/1/07 (AMBAC
Insured)
California San Francisco City & County Swr. 10,000,000 10,700,000
Rev. Rfdg.5.90% 10/1/08 (AMBAC
Insured)
California San Fransicso City & County Arpt. 5,875,000 5,970,469
Commission Int'l. Aprt. Rev. 2nd
Series Issue 10A,5.55% 5/1/14
(MBIA Insured) (AMT)
California San Fransisco City & County Arpts.
Commission Int'l. Arpt. Rev. Rfdg.
Second Series,Issue 2, 6.75%
5/1/13 (MBIA Insured)
California San Jaoquin Hills Trans. Corridor 8,000,000 6,690,000
Agcy. Toll Road Rev. Refdg. Series
A, 0% 1/15/02 (MBIA Insured)
California Santa Clara County Fing. Auth.
Lease Rev. (VMC Replacement Proj.)
Series A, 7.75%11/15/08 (AMBAC
Insured)
California Santa Margarita/Dana Point Auth.
Rev. (Impt. Dists. 1-2 & 2A-8)
Series A 7.25% 8/1/10(MBIA
Insured)
California Santa Margarita/Dana Point Auth. 1,770,000 2,150,550
Rev. Rfdg. (Impt. Dist. 3&3A,4&4A)
Series B, 7.25%8/1/08 (MBIA
Insured)
California Santa Rosa Wastewtr. Rev. Rfdg. & 4,000,000 3,745,000
Sub-Reg'l. Wastewtr. Proj. Series
A, 4.75% 9/1/16(FGIC Insured)
California South Orange County Pub. Fing. 2,500,000 3,059,375
Auth. Spl. Tax Rev. (Foothill
Area) Series C, 7.50%8/15/07 (FGIC
Insured)
California South Orange County Pub. Fing. 2,500,000 3,184,375
Auth. Spl. Tax Rev. (Foothill
Area) Series C, 8%8/15/08 (FGIC
Insured)
California South Orange County Pub. Fing. 3,490,000 4,192,363
Auth. Spl. Tax Rev. Rfdg. (Sr.
Lien) Series A, 7%9/1/11 (MBIA
Insured)
California Southern California Metro. Wtr.
Dist. Wtr. & Sewer Rev. Series A,
5% 7/1/30 (MBIA Insured)
California Southern California Pub. Pwr. 1,500,000 1,393,125
Auth. Pwr. Proj. Rev. Rfdg. (Mead
Adelanto Proj.) Series A, 4.875%
7/1/20 (AMBAC Insured)
California Southern California Pub. Pwr. 4,640,000 4,309,400
Auth. Pwr. Proj. Rev. Rfdg. (Mead
Phoenix Proj.)Series A, 4.875%
7/1/20 (AMBAC Insured)
California Upland Ctfs. of Prtn. Rfdg. (San 3,000,000 2,816,250
Antonio Commty. Hosp.) 5% 1/1/18
California Upland Ctfs. of Prtn. Rfdg. (San
Antonio Commty. Hosp.) 5.25%
1/1/08
California West & Central Basin Fin. Auth. 6,100,000 6,305,875
Series C 5.25% 8/1/08 (AMBAC
Insured)
California West & Central Basin Fin. Auth. 5,800,000 6,032,000
Series C, 5.20% 8/1/07 (AMBAC
Insured)
California West & Central Basin Fing. Auth.
Rev. (West Basin Rfdg. Proj.)
Series A, 5% 8/1/13(AMBAC Insured)
Colorado Adams County School Dist. #12
Thornton Unltd. Tax Rfdg. 6.20%
12/15/10 (FGIC Insured)
Colorado Arapahoe County Cap. Impt. Tr. 170,700,00 24,751,500
Fed. Hwy. Rev. (Cap. Appreciation) 0
Series E, 0%, 8/31/26(Pre-Refunded
to 8/31/05@ 20.8626
Colorado Arapahoe County Cap. Impt. Trust 13,000,000 4,387,500
Fund Hwy. Rev. Series C, 0%
8/31/15 (Pre-Refunded to8/31/05 @
48.618)
Colorado Aurora Gen. Oblig. Rfdg. 4.75% 3,040,000 2,891,800
11/1/14
Colorado Colorado Health Facs. Auth. Rev. 1,000,000 1,098,750
(Hosp. Sys.-Swedish Med. Ctr.)
Series A, 7.25%10/1/08
(Pre-Refunded to 10/1/00 @ 102)
Colorado Colorado Health Facs. Auth. Rev. 2,500,000 2,653,125
Rfdg. (Rocky Mountain Adventist)
6.25% 2/1/04
Colorado Colorado Health Facs. Auth. Rev. 6,500,000 6,914,375
Rfdg. (Rocky Mountain Adventist)
6.625% 2/1/13
Colorado Colorado Health Facs. Auth. Rev. 4,700,000 4,958,500
Rfdg. (Rocky Mountain Adventist)
6.625% 2/1/22
Colorado Colorado Springs Arpt. Rev. (Cap.
Appreciation) 0% 1/1/06 (MBIA
Insured)
Colorado Colorado Springs Arpt. Rev. (Cap. 1,550,000 1,300,063
Appreciation) Series C, 0% 1/1/02
(MBIA Insured)
Colorado Colorado Springs Arpt. Rev. (Cap. 1,530,000 1,162,800
Appreciation) Series C, 0% 1/1/04
(MBIA Insured)
Colorado Colorado Springs Arpt. Rev. (Cap. 1,655,000 964,038
Appreciation) Series C, 0% 1/1/09
(MBIA Insured)
Colorado Colorado Springs Arpt. Rev. (Cap. 1,500,000 823,125
Appreciation) Series C, 0% 1/1/10
(MBIA Insured)
Colorado Colorado Univ. Hosp. Auth. Hosp.
Rev. Series A, 6.25% 11/15/12
(AMBAC Insured)
Colorado Colorado Univ. Rev. (Research 5,725,000 6.38E+06
Bldg. Revolving Fund) (Biomedical
Research Bldg. Proj.)7% 6/1/09
Colorado Denver City & County Arpt. Rev. 4,900,000 3,907,750
(Cap. Appreciation) Series A, 0%
11/15/02 (MBIA Insured) (AMT)
Colorado Denver City & County Arpt. Rev. 3,000,000 2,040,000
(Cap. Appreciation) Series A, 0%
11/15/05 (MBIA Insured)
Colorado Denver City & County Arpt. Rev. 5,000,000 3,793,750
(Cap. Appreciation) Series D, 0%
10/15/03 (MBIAInsured)
Colorado Denver City & County Arpt. Rev. 7,500,000 5,390,625
(Cap. Appreciation) Series D, 0%
11/15/04 (MBIAInsured)
Colorado Denver City & County Arpt. Rev. 3,000,000 2,040,000
(Cap. Appreciation) Series D, 0%
11/15/05 (MBIAInsured)
Colorado Denver City & County Arpt. Rev. 6,700,000 6,751,054
Rfdg. Series D, 5% 11/15/98 (AMT)
Colorado Denver City & County Arpt. Rev. 7,250,000 7,432,193
Series A, 6.90% 11/15/98 (AMT)
Colorado Denver City & County Arpt. Rev. 3,000,000 3,142,500
Series A, 7% 11/15/99 (AMT)
Colorado Denver City & County Arpt. Rev.
Series C, 6.50% 11/15/06 (AMT)
Colorado Denver City & County Arpt. Rev. 1,980,000 2,126,025
Series D, 7% 11/15/25
Colorado Denver City & County Arpt. Rev. 520,000 567,450
Series D, 7% 11/15/25
(Pre-Refunded 11/15/01 @ 100)
Colorado Denver City & County Arpt. Rev.
Series D, 7.40% 11/15/01 (AMT)
Colorado Denver City & County School Dist.
#1 Rfdg. (Cap. Appreciation)
Series A, 0% 12/1/08(MBIA Insured)
Colorado Highlands Ranch Metropolitan Dist. 1,725,000 1,781,063
#2 Rfdg. 5.50% 6/15/00 (FSA
Insured)
Colorado Highlands Ranch Metropolitan Dist. 2,050,000 2,219,125
#2 Rfdg. 6% 6/15/03 (FSA Insured)
Colorado Highlands Ranch Metropolitan Dist.
#2 Rfdg. 6.50% 6/15/10 (FSA
Insured)
Colorado Highlands Ranch Metropolitan Dist.
#2 Rfdg. 6.50% 6/15/12 (FSA
Insured)
Colorado Jefferson County Ctfs. of Prtn. 3,000,000 3,330,000
Rfdg. 6.65% 12/1/08 (MBIA Insured)
Colorado Jefferson County Single Family 185,000 198,181
Mtg. Rev. Rfdg. Series 1991-A,
8.875% 10/1/13 (MBIAInsured)
Connecticut Connecticut Health & Ed. Facs. 2,990,000 3,098,388
Auth. Rev. (St. Raphael Hosp.)
5.30% 7/1/10, (AMBAC Insured)
Connecticut Connecticut Health & Edl. Facs.
Auth. Rev. (New Britain Mem.
Hosp.) Series A, 7.75% 7/1/22
Connecticut Connecticut Health & Edl. Facs. 4,345,000 4,806,656
Auth. Rev. (New Britain Mem.
Hosp.) Series A, 7.50%7/1/06
Connecticut Connecticut Health & Edl. Facs. 250,000 255,313
Auth. Rev. Rfdg. (Quinnipiac
College) Series D, 6% 7/1/13
Connecticut Connecticut Health & Edl. Facs.
Auth. Rev. Rfdg. (St. Raphael
Hosp.) Series H, 5.25%7/1/12
(AMBAC Insured)
Connecticut Connecticut Hsg. Fin. Auth. Hsg.
Mtg. Fin. Prog. Sub-Series B-1,
6.50% 5/15/18
Connecticut Connecticut Resource Recovery
Auth. Rev. Rfdg. Series A, 5.375%
11/15/10 (MBIA Insured)
Connecticut Connecticut Spl. Tax Oblig. Rev.
6% 10/1/06 (MBIA Insured)
Connecticut Eastern Connecticut Resource
Recovery Auth. Solid Waste Rev.
(Wheelabrator LisbonProj.) Series
A, 5% 1/1/24 (AMT)
District of District of Columbia Gen. Oblig. 2,635,000 2,826,038
Columbia Rfdg. Series A, 5.875% 6/1/05
(AMBAC Insured)
District of District of Columbia Gen. Oblig. 2,000,000 2,175,000
Columbia Rfdg. Series A-1, 6% 6/1/11 (MBIA
Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series A-3, 5.30% 6/1/04
(AMBAC Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series A-3, 5.40% 6/1/05
(AMBAC Insured)
District of District of Columbia Gen. Oblig. 3,350,000 3,496,563
Columbia Rfdg. Series B-1, 5.40% 6/1/06
(AMBAC Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series B-3, 5.30% 6/1/05
(MBIA Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series C, 5.25% 12/1/03
(FGIC Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series D, 6% 6/1/05 (AMBAC
Insured)
District of District of Columbia Hosp. Rev. 9,105,000 9,969,975
Columbia (Hosp. for Sick Children) Series
A, 8.875% 1/1/21
District of District of Columbia Redev. Land 1,000,000 1,018,750
Columbia Agcy. Washington D.C. Sports Arena
Spl. Tax Rev.5.40% 11/1/00
District of District of Columbia Redev. Land 5,955,000 6,051,769
Columbia Agcy. Washington D.C. Sports Arena
Spl. Tax Rev.5.625% 11/1/10
District of District of Columbia Rev. Rfdg.
Columbia (Georgetown Univ.) Series A, 5.95%
4/1/14 (MBIAInsured)
District of District of Columbia Rev. Rfdg. 8,335,000 8,595,469
Columbia (Georgetown Univ.) Series A, 6%
4/1/18 (MBIA Insured)
District of Metropolitan Washington Arpt. 3,000,000 3,277,500
Columbia Auth. Gen. Arpt. Rev. Series A,
7.25% 10/1/10 (FGIC Insured) (AMT)
District of Washington D.C. Metropolitan Area
Columbia Trans. Auth. Gross Rev. Rfdg.
5.25% 7/1/14 (FGICInsured)
Florida Broward County Resource Recovery 12,655,000 13,762,313
Rev. (SES Broward Co. LP South
Proj.) 7.95% 12/1/08
Florida Dade County Aviation Rev. (Miami 3,750,000 3,984,375
Int'l Arpt.) Series B, 6% 10/1/24
(MBIA Insured)
Florida Dade County Seaport Rev. Rfdg.
Series 95, 6.20% 10/1/10 (MBIA
Insured)
Florida Florida Board of Ed. Cap. Outlay 5,605,000 5,282,713
Rfdg. (Pub. Ed.) Series D, 4.75%
6/1/17
Florida Florida Division Fin. Dept. Gen. 4,750,000 5,135,938
Svcs. Rev. (Dept. of Natural
Resources-Preservation2000) Series
A, 6.25% 7/1/10 (MBIA Insured)
Florida Florida Muni. Pwr. Agcy. Rev. 3,000,000 2,737,500
Rfdg. (Stanton II Proj.) 4.50%
10/1/16 (AMBAC Insured)
Florida Florida Muni. Pwr. Agcy. Rev. 6,000,000 5,280,000
Rfdg. (Stanton II Proj.) 4.50%
10/1/27 (AMBAC Insured)
Florida Jacksonville Elec. Auth. Rev. 6% 4,145,000 4,305,619
7/1/01 (Escrowed to Maturity)
Florida Jacksonville Elec. Auth. Rev. 3,000,000 3,435,000
Series 73, 6.80% 7/1/12 (Escrowed
to Maturity)
Florida Jacksonville Health Facs. Auth. 2,000,000 2,200,000
Ind. Dev. Rev. Rfdg. (Cypress
Village Proj.) (Nat'l.Benevolent
Assoc.) 7% 12/1/22
Florida Jacksonville Port Auth. Rev. Rfdg. 1,000,000 1,077,500
(Port Facs.) 5.75% 11/1/09 (MBIA
Insured) (AMT)
Florida Lakeland Elec. & Wtr. Rev. Rfdg. 5,000,000 5,668,750
(Jr. Sub-Lien) 6.50% 10/1/05 (FGIC
Insured)
Florida Orange County Tourist Dev. Tax 5,000,000 5,525,000
Rev. Rfdg. Series A, 6.50% 10/1/10
(AMBAC Insured)
Florida Orlando Util. Commission Wtr. & 5,465,000 5,362,531
Elec. Rev. Series B, 5.25% 10/1/23
Florida Pasco County Solid Waste Disp. & 5,000,000 5,362,500
Resource Recovery Sys. Rev. 6%
4/1/08 (AMBAC Insured) (AMT)
Florida Pasco County Solid Waste Disp. & 5,090,000 5,452,663
Resource Recovery Sys. Rev. 6%
4/1/09 (AMBAC Insured) (AMT)
Florida Tampa Cap. Impt. Prog. Rev. Series 10,000,000 10,299,500
A, 8.25% 10/1/18
Georgia Atlanta Downtown Dev. Auth. Rev. 2,500,000 2,668,750
Rfdg. (Underground Atlanta Proj.)
6.25% 10/1/12
Georgia Atlanta Downtown Dev. Auth. Rev. 3,000,000 3,187,500
Rfdg. (Underground Atlanta Proj.)
6.25% 10/1/16
Georgia Cobb County School Dist 6% 2/1/02
Georgia Fulton County School Dist. Rfdg. 2,000,000 2,305,000
6.375% 5/1/14
Georgia Georgia Gen. Oblig. Impt. Series 3,000,000 3,495,000
B, 7.20% 3/1/05
Georgia Georgia Gen. Oblig. Rfdg. Series
E, 6% 7/1/04
Georgia Georgia Gen. Oblig. Series B, 2,000,000 2,205,000
6.10% 3/1/05
Georgia Georgia Gen. Oblig. Series B, 5,500,000 6,022,500
6.25% 4/1/03
Georgia Georgia Muni. Elec. Pwr. Auth.
Pwr. Rev. Rfdg. Series Z, 5.50%
1/1/12
Georgia Georgia Residential Fin. Auth. 13,615,000 1,900,109
Home Ownership Mtg. (Cap.
Appreciation) Series 1984 B,0%
12/1/15
Hawaii Hawaii Arpts. Sys. Rev. 2nd 1,500,000 1,636,875
Series, 7.50% 7/1/20 (FGIC
Insured)*
Hawaii Hawaii Gen. Oblig. Series CM, 5% 4,860,000 4,969,350
12/1/00 (FGIC Insured)
Hawaii Hawaii Gen. Oblig. Series CM, 2,625,000 2,762,813
5.50% 12/1/02 (FGIC Insured)
Hawaii Hawaii Hsg. Fin. & Dev. Corp. 3,500,000 3,535,000
Single Family Mtg. Rev. Series A,
4.90% 7/1/28 (AMT)
Hawaii Honolulu Hawaii City and County 7,135,000 7,554,181
Rfdg. Series C, 5.50% 11/01/04
(FGIC Insured)
Idaho Boise Urban Renewal Parking Agcy. 2,600,000 2,685,124
Rev. (Tax Increment) Series A, B,
C, 8.125% 9/1/15
Idaho Idaho Falls Elec. Rfdg. 0% 4/1/07, 2,500,000 1,621,875
(FGIC Insured)
Idaho Idaho Falls Rfdg. Elec. 0% 4/1/06 2,000,000 1,365,000
(FGIC Insured)
Idaho Idaho Falls Rfdg. Elec. 0% 4/1/13 1,500,000 690,000
(FGIC Insured)
Idaho Idaho Housing Agcy. Single Family 1,785,000 1,892,100
Mtg. Series 1991 B, 7.50% 7/1/24
Illinois Chicago Board of Ed. (Chicago 4,750,000 5,367,500
School Reform) 6.25% 12/1/09 (MBIA
Insured)
Illinois Chicago Board of Ed. (Chicago 1,000,000 1,121,250
School Reform) 6.25% 12/1/11 (MBIA
Insured)
Illinois Chicago Gen. Oblig. Rfdg. Series
A-2, 5.25% 1/1/01 (AMBAC Insured)
Illinois Chicago Gen. Oblig. Rfdg. Series
A-2, 6.25% 1/1/15 (AMBAC Insured)
Illinois Chicago Gen. Oblig. Rfdg. Series 2,200,000 2,191,750
B, 5% 1/1/11 (AMBAC Insured)
Illinois Chicago Ill FGIC Rfdg. Series B, 2,250,000 2,235,938
5.125% 1/1/15 (AMBAC Insured)
Illinois Chicago Midway Arpt. Rev. Series 2,910,000 2,884,538
B, 5.25% 1/1/13 (MBIA Insured)
(AMT)
Illinois Chicago Midway Arpt. Rev. Series 3,060,000 3,021,750
B, 5.25% 1/1/14 (MBIA Insured)
(AMT)
Illinois Chicago Midway Arpt. Rev. Series
B, 6% 1/1/05 (MBIA Insured) (AMT)
Illinois Chicago Midway Arpt. Rev. Series 2,170,000 2,343,600
B, 6% 1/1/08 (MBIA Insured) (AMT)
Illinois Chicago Midway Arpt. Rev. Series 2,435,000 2,593,275
B, 6% 1/1/10 (MBIA Insured) (AMT)
Illinois Chicago Midway Arpt. Rev. Series 2,580,000 2,760,600
B, 6.125% 1/1/11 (MBIA Insured)
(AMT)
Illinois Chicago Motor Fuel Tax Rev. Rfdg. 4,000,000 4,090,000
Series A, 5.375% 1/1/14 (AMBAC
Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev.
(Passenger Facs. Charge) Series A,
5.60% 1/1/10 (AMBAC Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev. 10,000,000 10,075,000
Rfdg. (Gen. Arpt. 2nd Lien) Series
A, 5.50% 1/1/16(AMBAC Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev.
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.25% 1/1/08 (MBIA
Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev.
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.25% 1/1/09
(AMBAC Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev.
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.375% 1/1/12
(MBIA Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev. 8,200,000 8,917,500
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.375% 1/1/15
(MBIA Insured)
Illinois Chicago O'Hare Int'l. Arpt. Spl.
Facs. Rev. (American Airlines,
Inc. Proj.) Series A, 7.875%
11/1/25 (AMT)
Illinois Chicago O'Hare Int'l. Arpt. Spl. 1,970,000 2,056,188
Facs. Rev. (United Airlines, Inc.)
8.25% 5/1/99 (AMT)
Illinois Chicago O'Hare Int'l. Arpt. Spl. 4,500,000 4,803,750
facs. Rev. Rfdg. (Int'l. Term.)
Series A, 7.50%1/1/17 (AMT)
Illinois Chicago Park Dist. Rfdg. 6.25% 3,000,000 3,352,500
1/1/09 (FGIC Insured)
Illinois Chicago Residential Mtg. Rev. 4,760,000 2,100,350
Rfdg. (Cap. Appreciation) Series
B, 0% 10/1/09 (MBIAInsured)
Illinois Chicago Wtr. Rev. 0% 11/1/01 (FGIC 1,960,000 1,653,750
Insured)
Illinois Cooke & Will Counties Township
High School Dist. #206 (Cap.
Appreciation) Series A,0% 12/1/03
(AMBAC Insured) (Escrowed to
Maturity)
Illinois DeKalb Single Family Mtg. Rev. 1,485,000 1,637,213
7.45% 12/1/09, (GNMA Coll.)*
Illinois Illinois Dev. Fin. Auth. Poll.
Cont. Rev. Rfdg. (Commerce Edison
Co. Proj.) Series D,6.75% 3/1/15
(AMBAC Insured)
Illinois Illinois Health Facs. Auth. Rev.
(GlenOaks Med. Ctr.) Series D,
9.50% 11/15/15 (Escrowed to
Maturity)
Illinois Illinois Health Facs. Auth. Rev. 900,000 927,000
(Mem. Hosp.) 6.875% 5/1/00
Illinois Illinois Health Facs. Auth. Rev. 4,000,000 4,270,000
(Mem. Hosp.) 7.125% 5/1/10
Illinois Illinois Health Facs. Auth. Rev. 3,000,000 3,180,000
Rfdg. (Lutheran Gen. Health Care
Sys.) Series C, 6%4/1/18
Illinois Illinois Health Facs. Auth. Rev. 1,500,000 1,756,875
Rfdg. (Lutheran Gen. Health Care
Sys.) Series C, 7%4/1/14
Illinois Illinois Health Facs. Auth. Rev. 5,000,000 5,231,250
Rfdg. (OSF Healthcare Sys.) 6%
11/15/13
Illinois Illinois Health Facs. Auth. Rev.
Rfdg. (Swedish American Hosp.)
5.375% 11/15/13 (AMBAC Insured)
Illinois Illinois Reg'l. Trans. Auth.
Series C, 7.75% 6/1/13 (FGIC
Insured)
Illinois Illinois Toll Hwy. Auth. Toll Hwy.
Rev. Rfdg. Series A, 6% 1/1/09
(FGIC Insured)
Illinois Lake County Forest Preserve Dist. 10,440,000 6,511,950
Unltd. Tax (Cap. Appreciation) 0%
12/1/07
Illinois Lake County Forest Preserve Dist. 12,505,000 7,346,688
Unltd. Tax (Cap. Appreciation) 0%
12/1/08
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Place Expansion Proj.)
(Cap. Appreciation) Series A, 0%
6/15/08 (MBIA Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
(Cap. Appreciation) Series A, 0%
6/15/08 (FGIC Insured)
Illinois Metropolitan Pier & Exposition 12,175,000 6,863,656
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
(Cap. Appreciation) Series A, 0%
6/15/09 (FGIC Insured)
Illinois Metropolitan Pier & Exposition 7,250,000 3,842,500
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
(Cap. Appreciation) Series A, 0%
6/15/10 (FGIC Insured)
Illinois Metropolitan Pier & Exposition 95,000 105,450
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
Series A, 6.50% 6/15/07 (FGIC
Insured)
Illinois Metropolitan Pier & Exposition 11,570,000 9,863,425
Auth. Dedicated Tax Rev.
(McCormick Plain Expansion Proj.)
(Cap. Appreciation) Series A, 0%
6/15/12 (FGIC Insured)
Illinois Metropolitan Pier & Exposition 250,000 203,750
Auth. Dedicated Tax Rev.
(McCormick Plane ExpansionProj.)
(Cap. Appreciatiion) Series A, 0%
6/15/12 (FGIC Insured)
Illinois Metropolitan Pier & Exposition 2,700,000 2,416,500
Auth. Dedicated Tax Rev. 0%
6/15/00 (AMBAC Insured)
Illinois Metropolitan Pier & Exposition 7,450,000 7,617,625
Auth. Dedicated Tax Rev. Refdg.
(McCormick PlaceExpansion Proj.)
Series A, 5.25% 12/15/10
Illinois Northern Univ. Rev. Auxiliary 1,000,000 1,057,500
Facs. Sys. Rfdg. 6% 4/1/02 (FGIC
Insured)
Indiana Indiana Bond Bank Rev. (State
Revolving Fund Prog.) Series A, 7%
2/1/05
Indiana Indiana Health Facs. Fing. Auth. 500,000 591,250
Hosp. Rev. Rfdg. (Columbus Reg'l.
Hosp.) 7% 8/15/15(FSA Insured)
Indiana Indiana Health Facs. Fing. Auth.
Hosp. Rev.Rfdg. (Clarian Health
Partners, Inc.) Series A, 5.50%
2/15/16
Indiana Indiana Muni. Pwr. Agcy. Pwr.
Suppply Sys. Rev. Rfdg. Series B,
5.50% 1/1/16 (MBIAInsured)
Indiana Indianapolis Arpt. Auth. Rev.
Rfdg. Series A, 5.60% 7/1/15 (FGIC
Insured)
Indiana Indianapolis Econ. Dev. Rev. Rfdg. 3,000,000 3,352,500
& Impt. (Nat'l. Benevolent Assoc.)
7.625% 10/1/22
Indiana Indianapolis Resource Recovery 1,000,000 1,145,000
Rev. Rfdg. (Ogden Martin Sys. Inc.
Proj.) 6.75% 12/1/06(AMBAC
Insured)
Indiana Jasper County Poll. Cont. Rev.
Rfdg. (Northern Indiana Pub. Svc.)
7.10% 7/1/17 (MBIAInsured)
Kansas Butler County Solid Wste Disposal
Facs Series 1994, 3.45% 8/1/24
Kansas Johnson County Unified School Dist 1,225,000 1,482,250
#512 (Shawnee Mission) 8% 10/1/04
Kansas Johnson County Unified School 1,015,000 1,204,044
Dist. #512 (Shawnee Mission) 8%
10/1/03
Kansas Johnson County Unified School 1,250,000 1,535,938
Dist. #512 (Shawnee Mission) 8%
10/1/05
Kansas Kansas City Util. Sys. Rev. (Cap. 2,865,000 1,511,288
Appreciation) 0% 9/1/10 (AMBAC
Insured)
Kansas Kansas City Util. Sys. Rev. (Cap. 3,825,000 2,022,469
Appreciation) 0% 9/1/10 (AMBAC
Insured) (Escrowed to Maturity)
Kansas Kansas Dept. Trans. Hwy. Rev. 4,750,000 5,551,563
7.25% 3/1/05
Kansas Kansas Tpk. Auth. Tpk. Rev. Rfdg.
(Toll Roads, Bridges & Mass
Transit Proj.) 5.25% 9/1/01 (AMBAC
Insured)
Kansas Kansas Tpk. Auth. Tpk. Rev. Rfdg.
(Toll Roads, Bridges & Mass
Transit Proj.) 5.25% 9/102 (AMBAC
Insured)
Kansas Reno County Mtg. Rev. Rfdg. 575,000 622,438
(Single Family) Series B, 8.70%
9/1/11
Kansas Wichita Hosp. Rev. Series III-A,
6.465% 10/20/17 (MBIA Insured)
Kentucky Jefferson County Cap. Projs. Corp. 5,250,000 2,546,250
Rev. (Muni. Multiple Rfdg. Lease)
Series A, 0%8/15/11
Kentucky Jefferson County Hosp. Rev.
(Alliant Health Sys. Proj.) 6.367%
10/9/08 (FGIC Insured)
Kentucky Kenton County Arpt. Board Arpt.
Rev. Rfdg. (Spl. Facs. Delta
Airlines, Inc. Proj.) Series A,
7.50% 2/1/20 (AMT)
Kentucky Kenton County Arpt. Board Arpt.
Rev. Rfdg. (Cincinnati/Northern
Kentucky Int'l. Arpt.)Series A,
5.65% 3/1/04 (MBIA Insured) (AMT)
Kentucky Kentucky Tpk. Auth. Econ. Dev.
Road Rev. Rfdg. (Revitalization
Proj.) 5.50% 7/1/09(AMBAC Insured)
Kentucky Kentucky Tpk. Auth. Econ. Dev. 7,760,000 6,489,300
Road Rev. Rfdg. (Revitalization)
(Cap. Appreciation) 0% 1/1/02
(FGIC Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev. 600,000 369,000
Rfdg. Series B, 0% 1/1/08, (AMBAC
Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev. 10,000,000 6,500,000
Series B, 0% 1/1/07 (AMBAC
Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev.
Series B, 0% 1/1/09 (AMBAC
Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev. 4,000,000 2,180,000
Series B, 0% 1/1/10 (AMBAC
Insured)
Louisiana Louisiana Gen. Oblig. Rfdg. Series
A 6.0% 8/1/02 (FGIC Insured)
Louisiana Louisiana Gen. Oblig. Series A, 4,000,000 4,460,000
6.75% 5/15/03 (MBIA Insured)
Louisiana Louisiana Gen. Oblig. Series A, 5,865,000 6,612,788
6.75% 5/15/04, (MBIA Insured)
Louisiana Louisianna Offshore Term Auth. 1,095,000 1,196,288
Series B, 7.60% 9/1/10
Louisiana Lousianna Offshore Term Auth. 1,205,000 1,328,513
Series E, 7.60% 9/1/10
(Pre-Refunded 9/1/00 @ 102)
Louisiana Monroe-West Monroe Pub. Trust 9,000,000 3,566,250
Fing. Auth. Mtg. Rev. Rfdg. (Cap.
Appreciation) Series C, 0% 8/20/14
Louisiana New Orleans Gen. Oblig. Rfdg.
(Cap. Appreciation) 0% 9/1/09
(AMBAC Insured)
Louisiana New Orleans Pub. Impt. Unltd. Tax
7% 9/1/19 (FGIC Insured)
(Pre-Refunded to 9/1/02 @100)
Louisiana St. John Baptist Parish Sales Tax 2,700,000 2,926,125
Dist. Rfdg. Series 1989-ST, 7.80%
12/1/14
Maryland Baltimore Consolidated Pub. Impt.
Rfdg. Series A, 7.25% 10/15/04
(FGIC Insured)
Maryland Baltimore Consolidated Pub. Impt. 3,100,000 3,665,750
Series A, 7.25% 10/15/05 (FGIC
Insured)
Maryland Howard County Mtg. Rev. 250,000 269,688
(Heartlands Elderly Apts. Proj.)
8.875% 12/1/10 (MBIA Insured) (FHA
Guaranteed)
Maryland Maryland Commmty. Dev. Admin. 2,500,000 2,543,750
Dept. of Hsg. & Commty. Dev.
(Single Family Housing) Series B,
5.05% 9/1/19
Maryland Maryland Health & Higher Edl. 3,000,000 2,951,250
Facs. Auth. REv. Refdg. (John
Hopkins Univ.) 5.25% 7/1/17
Maryland Maryland Health & Higher Edl.
Facs. Auth. Rev. Rfdg. (Johns
Hopkins Univ.) 5.125% 7/1/20
Maryland Maryland Health & Higher Edl. 3,000,000 2,970,000
Facs. Auth. Rev. Rfdg. (Johns
Hopkins Univ.) 5.25% 7/1/19
Maryland Montgomery County Gen. Oblig.
Rfdg. (Consolidated Pub. Impt.)
Series A, 5.60% 7/1/04
Maryland Prince George's County Solid Waste 1,500,000 1,515,000
Mgmt. Sys. Rev. Rfdg. 5.25%
6/15/13 (FSA Insured)
Massachusetts Boston Gen. Oblig. Series A,
4.875% 9/1/09 (FSA Insured)
Massachusetts Boston Gen. Oblig. Series A,
4.875% 9/1/11 (FSA Insured)
Massachusetts Boston Metropolitan Dist. Gen.
Oblig. Rfdg. 8% 12/1/03 (MBIA
Insured)
Massachusetts Boston Rev. (Boston City Hosp.) 7,000,000 7,743,750
Series A, 7.625% 2/15/21 (FHA
Guaranteed) (Pre-Refunded to
8/15/00 @ 102)
Massachusetts Boston Rev. Rfdg. (Boston City 1,500,000 1,640,625
Hosp.) 7.15% 8/15/01 (FHA
Guaranteed) (Pre-Refunded
to8/15/00 @ 102)
Massachusetts Haverhill Gen. Oblig. Rfdg. Series
A, 6.70% 9/1/10 (AMBAC Insured)
Massachusetts Holyoke Gen. Oblig. Ltd. Tax 8.15%
6/15/06 (MBIA Insured)
(Pre-Refunded to 6/15/02 &103)
Massachusetts Massachusetts Bay Trans. Auth. 5,000,000 5,231,250
Rfdg. (Gen. Trans. Sys.) Series A,
5.50% 3/1/12
Massachusetts Massachusetts Bay Trans. Auth.
Rfdg. (Gen. Trans. Sys.) Series B,
6.20% 3/1/16
Massachusetts Massachusetts Ed. Loan Auth. Ed. 4,115,000 4,403,050
Loan Rev. Rfdg. Issue E Series B,
6.05% 7/1/08 (AMBACInsured) (AMT)
Massachusetts Massachusetts Ed. Loan Auth. Ed. 1,650,000 1,753,125
Loan Rev. Rfdg. Issue E Series B,
6.15% 7/1/10 (AMBAC Insured) (AMT)
Massachusetts Massachusetts Ed. Loan Auth. Ed. 1,000,000 1,062,500
Loan Rev. Rfdg. Issue E Series B,
6.25% 7/1/11 (AMBAC Insured) (AMT)
Massachusetts Massachusetts Ed. Loan Auth. Ed. 1,000,000 1,058,750
Loan Rev. Rfdg. Issue E Series B,
6.30% 7/1/12 (AMBAC Insured) (AMT)
Massachusetts Massachusetts Edl. Loan Auth. 3,680,000 3,951,400
(Edl. Loan Rev) Issue E, Series B
5.85% 7/1/06 (AMBAC Insured)
Massachusetts Massachusetts Edl. Loan Auth. 3,090,000 3,298,575
(Edl. Loan Rev.) Issue E, Series
B, 5.75% 7/1/05 (AMBACInsured)
Massachusetts Massachusetts Educational Laoan 3,980,000 4,273,525
Auth. (Edl.Loan Rev.) Issue E
Series B, 5.95% 7/1/07 (AMBAC
Insured)
Massachusetts Massachusetts Gen. Oblig. 4,000,000 3,965,000
Consolidated Loan Series A, 5%
1/1/12
Massachusetts Massachusetts Gen. Oblig. 1,400,000 1,480,500
Consolidated LoanSeries A, 6%
6/1/11 (Pre-Refunded to
6/1/01@100)
Massachusetts Massachusetts Gen. Oblig. 12,000,000 12,225,000
Consolidated LoanSeries C, 5.375%
9/1/14 (MBIA Insured)
Massachusetts Massachusetts Gen. Oblig. Rfdg. 11,095,000 11,427,850
Series A, 5.50% 2/1/11 (MBIA
Insured)
Massachusetts Massachusetts Gen. Oblig. Rfdg. 9,800,000 10,706,500
Series A, 6.25% 7/1/03
Massachusetts Massachusetts Gen. Oblig. Rfdg. 6,000,000 6,600,000
Series A, 6.25% 7/1/04
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. (1st. Mtg.) (Fairview
Extended Care)Series A, 10.25%
1/1/21 (Pre-Refunded to 1/1/01 @
103)
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. (Bentley College)
Series H, 6.90% 7/1/21(MBIA
Insured)
Massachusetts Massachusetts Health & Edl. Facs. 2,000,000 1,997,500
Auth. Rev. (New England Med. Ctr.
Hosp.) Series G,5.375% 7/1/24
(MBIA Insured)
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. (Northeastern Univ.)
Series B, 7.60%10/1/10 (AMBAC
Insured)
Massachusetts Massachusetts Health & Edl. Facs. 3,000,000 2,966,250
Auth. Rev. Rfdg. (Baystate Med.
Ctr.) Series D, 5%7/1/12 (FGIC
Insured)
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. Rfdg. (Fairview
Extended Care) Series B,4.55%
7/14/02 (MBIA Insured) LOC
BankBoston N.A.
Massachusetts Massachusetts Health & Edl. Facs. 1,100,000 1,236,125
Auth. Rev. Rfdg. (Harvard Univ.)
Series P, 6.50%11/1/03
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. Rfdg. (Massachusetts
Gen. Hosp.) Series F , 6.25%
7/1/12 (AMBAC Insured)
Massachusetts Massachusetts Hsg. Fin. Agcy. Hsg.
Rev. Rfdg. (Rental) Series A,
6.60% 7/1/14(AMBAC Insured) (AMT)
Massachusetts Massachusetts Hsg. Fin. Agcy. Hsg. 2,000,000 2,150,000
Rev. Rfdg. (Rental) Series A,
6.65% 7/1/19 (AMBACInsured) (AMT)
Massachusetts Massachusetts Ind. Fin. Agcy. Ind.
Rev. (Union Mission Proj.) 9.55%
9/1/26(FHA Guaranteed)
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 5,000,000 3,662,500
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/04
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 26,800,000 17,587,500
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/06
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 15,800,000 8,650,500
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/09
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 11,000,000 5,651,250
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/10
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 23,300,000 17,941,000
(Cap. Appreciation) (Massachusetts
BiomedicalResearch) Series A-2, 0%
8/1/03
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 225,000 234,281
(Massachusetts Biomedical
Research) Series A-1,7.10% 8/1/99
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 6,600,000 7,053,750
Rfdg. (Atlanticare Med. Ctr.)
Series A, 10.125%11/1/14
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
Rfdg. (Emerson College) Series A,
8.90% 1/1/18
Massachusetts Massachusetts Muni. Wholesale 3,000,000 3,011,250
Elec. Co. Pwr. Supply Sys. Rev.
Rfdg. 5% 7/1/10 (AMBACInsured)
Massachusetts Massachusetts Muni. Wholesale
Elec. Co. Pwr. Supply Sys. Rev.
Series D, 6% 7/1/06
Massachusetts Massachusetts Tpk. Auth. 7,000,000 6,685,000
Metropolitan Hwy. Sys. Rev. Series
A, 5% 1/1/27 (MBIA Insured)
Massachusetts Massachusetts Tpk. Auth. 2,500,000 2,453,125
Metropolitan Hwy. Sys. Rev. Series
A, 5.125% 1/1/23 (MBIA Insured)
Massachusetts Massachusetts Tpk. Auth. 9,500,000 9,500,000
Metropolitan Hwy. Sys. Rev. Series
B, 5.25% 1/1/17 (MBIA Insured)
Massachusetts Massachusetts Tpk. Auth. Western 9,150,000 9,317,171
Tpk. Rev. Series A, 5.55% 01/1/17
(MBIA Insured)
Massachusetts New England Ed. Loan Marketing 18,500,000 19,309,375
Corp. Rev. Rfdg. (Student Loan)
Series A, 5.70% 7/1/05(AMT)
Massachusetts New England Ed. Loan Marketing 2,500,000 2,562,500
Corp. Rev. Rfdg. (Student Loan)
Series B, 5.40% 6/1/00
Massachusetts New England Ed. Loan Marketing 2,500,000 2,540,625
Corp. Rev. Rfdg. (Student Loan)
Series G, 5% 8/1/00
Massachusetts New England Ed. Loan Marketing 2,000,000 2,052,500
Corp. Rev. Rfdg. (Student Loan)
Series G, 5.20% 8/1/02
Massachusetts Palmer Gen. Oblig. Rfdg. 5.50%
10/1/10 (MBIA Insured)
Michigan Detroit Convention Facs. Rev. 3,000,000 3,011,250
Rfdg. (Cobo Hall Expansion Proj.)
5.25% 9/30/12
Michigan Detroit Hosp. Fin. Auth. Hosp. 36,710,000 6,607,800
Facs. Rev. Rfdg. (Michigan Health
Care Corp. Proj.) 0%12/1/20
Michigan Flint Hosp. Bldg. Auth. Rev.
(Hurley Med. Ctr.) 7.80% 7/1/14
Michigan Flint Michigan Hosp. Bldg. Auth.
Rev. Rfdg. (Hurley Med. Ctr.)
Series A, 6% 7/1/06
Michigan Highland Park Hosp. Fin. Auth.
Hosp. Facs. Rev. (Lakeside Commty.
Hosp. Proj.) 0% 3/1/20
Michigan Highland Park Hosp. Fin. Auth.
Hosp. Facs. Rev. 9.875% 12/1/19
Michigan Jackson County Hosp. Fin. Auth.
Hosp. Rev. Rfdg. (W.A. Foote Mem.
Hosp.) Series A,4.75% 6/1/15 (FGIC
Insured)
Michigan Michigan Bldg. Auth. Rev. Series
II, 6.25% 10/1/20 (MBIA Insured)
Michigan Michigan Hosp. Fin. Auth. Rev. 1,000,000 1,115,000
Rfdg. (Bay Med. Ctr.) Series A,
8.25% 7/1/12
Michigan Michigan Hosp. Fin. Auth. Rev.
Rfdg. (Sisters of Mercy Health
Corp.) 5.375% 8/15/14(MBIA
Insured)
Michigan Michigan Hsg. Dev. Auth. Single 470,000 492,325
Family Mtg. Rev. Series A, 7.50%
6/1/15
Michigan Michigan Hsg. Dev. Auth. Single 1,475,000 1,535,844
Family Mtg. Rev. Series A, 7.70%
12/1/16
Michigan Michigan Strategic Fund Ltd.
Oblig. Rev. (Mercy Svcs. for Aging
Proj.) 9.40% 5/15/20(Pre-Refunded
to 5/15/00 @ 102)
Michigan Michigan Univ. Rev. Rfdg. (Univ. 7,750,000 8,021,250
Hosp. Proj.) Series A, 5.75%
12/1/12
Michigan Royal Oak Hosp. Fin. Auth. Hosp. 3,695,000 3,791,994
Rev. Rfdg. (William Beaumont
Hosp.) 5.50% 1/1/14
Michigan Royal Oak Hosp. Fin. Auth. Rev.
Rfdg. (William Beaumont Hosp.)
6.25% 1/1/09
Michigan Tawas City Hosp. Fin. Auth. Hosp.
Rev. (St. Joseph Hosp. Proj.)
Series A, 8.50%3/15/12
Michigan Western Townships Util. Auth. Swr. 2,000,000 2,112,820
Disp. Sys. Ltd. Tax 8.20% 1/1/18
Michigan Western Townships Util. Auth. Swr. 2,810,000 2,026,713
Disp. Sys. Rfdg. (Cap.
Appreciation) 0% 1/1/05
(FSAInsured)
Minnesota Centennial Independant School 2,610,000 2,554,538
Dist. #12 Rfdg. Series B, 4.875%
2/1/12 (FGIC Insured)
Minnesota Maplewood Health Care Facs. Rev. 1,000,000 1,036,250
(Healtheast Proj.) 5.80% 11/15/03
Minnesota Minneapolis & St. Paul Hsg. & 7,000,000 6,571,250
Redev. Auth. Health Care Sys. Rev.
Rfdg. (HealthspanHealth Sys.
Corp.) Series A, 4.75% 11/15/18
(AMBAC Insured)
Minnesota Minneapolis Gen. Oblig. (Cap. 1,175,000 904,750
Appreciation) Series B, 0% 12/1/03
Minnesota Minnesota Hsg. Fin. Agcy. (Single 5,750,000 5,857,813
Family Mtg.) Series B, 5.80%
7/1/25 (AMT)
Minnesota Minnesota Univ. Rfdg. 4.80% 10,000,000 10,200,000
8/15/03
Minnesota Northern Muni. Pwr. Agcy. Elec. 1,700,000 1,790,202
Sys. Rev. Rfdg. Series A, 7.25%
1/1/16
Minnesota Rochester Health Care Facs. Rev. 2,000,000 2,200,000
Rfdg. (Mayo Foundation/Mayo Med.
Ctr.) Series I,5.90% 11/15/09
Minnesota Rochester Health Care Facs. Rev. 2,250,000 2,466,563
Rfdg. (Mayo Foundation/Myao Med.
Ctr.) Series I,5.90% 11/15/10
Minnesota St. Cloud Hosp. Facs. Auth. Rev.
Rfdg. (St. Cloud Hosp. Proj.)
Series C, 5.25% 10/1/13(AMBAC
Insured)
Minnesota St. Paul Hgs. & Redevelopment
Auth. Hosp. Rev. Series B, 9.75%
11/1/17
Minnesota Western Minnesota Muni. Pwr. Agcy.
Pwr. Supply Rev. Series B, 6%
1/1/04 (AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr. Agcy.
Rev. Rfdg. Series A, 6.25% 1/1/06
(AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr. Agcy.
Wtr. Supply Rev. Rfdg. Series A,
5.50% 1/1/10 (AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr. Agcy. 3,525,000 3,674,813
Wtr. Supply Rev. Rfdg. Series A,
5.50% 1/1/11 (AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr. 1,750,000 1,826,563
Agncy. Pwr. Supply Rev. Rfdg.
Series A, 5.50% 1/1/12 (AMBAC
Insured)
Mississippi Hinds County Ctfs. of Prtn. (Hinds 1,095,000 1,164,806
County Welfare Dept. Proj.) 7.75%
3/1/09(Pre-Refunded to 3/1/99 @
102)
Mississippi Hinds County Rev. Rfdg. 4,000,000 4,220,000
(Mississipi Methodist Hosp. &
Rehabilitation) 5.60% 5/1/12(AMBAC
Insured)
Mississippi Mississippi Home Corp. Single 275,000 296,313
Family Rev. Rfdg. Series 1990-A,
9.25% 3/1/12 (FGICInsured)
Missouri Boone County Ind. Dev. Auth. Ind.
Rev. (1st. Mtg.) (Fairview
Extended Care) Series A, 10.125%
1/1/11 (Pre-Refunded to 1/1/01 @
103)
Montana Montana Board of Investment 2,005,000 2,187,956
Payroll Tax (Workers Compensation)
6.875% 6/1/20 (MBIA Insured)
(Escrowed to Maturity)
Montana Montana Board of Investment 1,255,000 1,369,519
Payroll Tax (Workers Compensation)
6.875% 6/1/20 (MBIA Insured)
(Escrowed to Maturity)
Montana Montana Board of Investment 3,870,000 4,223,138
Payroll Tax (Workers Compensation)
6.875% 6/1/20 (MBIA Insured)
(Escrowed to Maturity)
Montana Montana Board of Investment 6,200,000 7,068,000
Payroll Tax (Workers Compensation)
Series 1991, 6.875% 6/1/11(MBIA
Insured) (Escrowed to Maturity)
Montana Montana Coal Severance Tax Rfdg. 2,000,000 2,102,500
(Broadwater Pwr. Proj.) Series A,
6.875% 12/1/11*
Nebraska Douglas County Hosp. Auth. #1 Rev. 3,250,000 3,599,375
Rfdg. (Immanuel Med. Ctr., Inc.)
6.90% 9/1/11(AMBAC Insured)
Nebraska Nebraska Pub. Pwr. Dist. Rev.
(Elec. Sys.) Series A, 6% 1/1/06
Nebraska Nebraska Pub. Pwr. Dist. Rev. 6,065,000 6,087,744
Rfdg. (Pwr. Supply Sys.) Series B,
5.25% 1/1/13 (MBIAInsured)
Nebraska Nebraska Pub. Pwr. Dist. Rev. 5,880,000 5,902,050
Rfdg. (Pwr. Supply Sys.) Series C,
5% 1/1/10 (MBIA Insured)
Nebraska Nebraska Pub. Pwr. Dist. Rev.
Rfdg. (Pwr. Supply Sys.) Series C,
5% 1/1/17
Nebraska Scotts Bluff County Hosp. Auth. #1 3,000,000 3,258,750
Hosp. Rev. Rfdg. (Reg'l. West Med.
Ctr. Proj.)6.45% 12/15/04
Nevada Las Vegas Downtown Redev. Agcy.
Tax Increment Rev. (Sub. Lien
Fremont State Proj.)Series A,
6.10% 6/15/14
New Hampshire New Hampshire Higher Edl. & Health
Facs. Auth. Rev. (1st. Mtg.
Riverwoods at Exeter)9% 3/1/23
(Pre-Refunded to 3/1/03 @ 103)
New Hampshire New Hampshire Higher Edl. & Health
Facs. Auth. Rev. (Littleton Hosp.
Assoc., Inc.)Series A, 9.50%
5/1/20
New Hampshire New Hampshire Tpk. Sys. Rev. Rfdg. 2,500,000 2,934,375
Series A, 7% 11/1/06 (FGIC
Insured)
New Jersey Camden County Muni. Util. Auth. 1,060,000 1,171,300
Swr. Rev. Rfdg. 6% 7/15/06 (FGIC
Insured)
New Jersey New Jersey Econ. Dev. Auth. Econ.
Dev. Rev. Rfdg. (Stolt Term.
Proj.) 10.50% 1/15/18
New Jersey New Jersey Health Care Facs. Fing.
Auth. Rev. (Christ Hosp. Group
Issue) 7% 7/1/06(Connie Lee
Insured)
New Jersey New Jersey Tpk. Auth. Tpk. Rev.
Rfdg. Series C, 6.50% 1/1/09
(AMBAC Insured)
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series A,
5.50% 6/15/11(MBIA Insured)
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series A, 6%
6/15/03(AMBAC Insured)
New Jersey New Jersey Trans. Trust Fund Auth. 7,800,000 8,521,500
Rfdg. (Trans. Sys.) Series A, 6%
6/15/04 (AMBACInsured)
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series A,
6.50% 6/15/05 (AMBACInsured)
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series B,
5.25% 6/15/12
New Jersey New Jersey Trans. Trust Fund Auth. 3,000,000 3,525,000
Rfdg. (Trans. Sys.) Series B,
6.50% 6/15/10 (MBIAInsured)
New Jersey New Jersey Transit Corp. Series A, 1,345,000 1,400,481
5.40% 9/1/02 (FSA Insured)
New Jersey New Jersey Wastewtr. Treatment 3,475,000 3,831,188
Trust Ref. Series C, 6.25% 5/15/04
(MBIA Insured)
New Jersey Passaic County Util. Auth. Solid 3,580,000 3,119,075
Waste Disp. Rev. Rfdg. (Cap.
Appreciation) 0% 3/1/01 (MBIA
Insured)
New Jersey Warren County Poll. Cont. Fing.
Auth. Resource Recovery Rev. 6.55%
12/1/06 (MBIAInsured)
New Mexico Albuquerque Arpt. Rev. Rdfg. 6.75% 1,700,000 1,963,500
7/1/10 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.25% 1,100,000 1,190,750
7/1/03 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.50%
7/1/08 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.70%
7/1/18 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.75%
7/1/09 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.75% 1,935,000 2,242,181
7/1/12 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Series A, 2,375,000 2,588,750
6.60% 7/1/16 (AMBAC Insured)
New Mexico Albuquerque Refuse Removal & Disp.
Rev. Rfdg. 5.25% 7/1/09 (AMBAC
Insured)
New Mexico New Mexico Edl. Assistance 5,020,000 5,120,400
Foundation Student Loan Rev.
Series B, 5.25% 4/1/05
(AMBACInsured)
New Mexico New Mexico Univ. Rev. Rfdg. Series 3,400,000 3,761,250
A, 6% 6/1/21
New Mexico Rio Rancho Wtr. & Wastewtr. Sys.
Rev. Series A, 5.90% 5/15/15 (FSA
Insured)
New York Metropolitan Trans. Auth. Commuter 5,000,000 5,137,500
Facs. Rev. Series A, 5.625% 7/1/27
(MBIA Insured)
New York Metropolitan Trans. Auth. Commuter 2,890,000 3,074,238
Facs. Rev. Series A, 6% 7/1/21
(FGIC Insured)
New York Metropolitan Trans. Auth. Facs. 2,000,000 2,150,000
Rev. SeriesA, 6% 7/1/16 (FGIC
Insured)
New York Metropolitan Trans. Auth. Svc. 1,000,000 1,062,500
Contract Commuter Facs. Series O,
5.75% 7/1/08
New York Metropolitan Trans. Auth. Svc. 3,840,000 4,080,000
Contract Commuter Facs. Series O,
5.75% 7/1/08
New York Metropolitan Trans. Auth. Svc. 7,650,000 8,051,625
Contract Commuter Facs. Series O,
5.75% 7/1/13
New York Metropolitan Trans. Auth. Svc.
Contract Transit Rfdg. Series 5,
6.90% 7/1/05
New York Metropolitan Trans. Auth. Svc.
Contract Transit Rfdg. Series 7,
5.40% 7/1/06
New York Metropolitan Trans. Auth. Transit 3,430,000 3,580,063
Facs. Rev. Series A, 5.75% 7/1/21
(MBIA Insured)
New York Metropolitan Trans. Auth. 3,500,000 3,911,250
Transport Facs. Rev. Rfdg. Series
K, 6.30% 7/1/06 (MBIAInsured)
New York Metropolitan Trans. Auth. 5,000,000 5,612,500
Transport Facs. Rev. Rfdg. Series
K, 6.30% 7/1/07 (MBIAInsured)
New York Metropolitan Trans. Auth. 5,000,000 5,362,500
Transport Facs. Rev. Series A,
6.10% 7/1/21 (FSA Insured)
New York New York City Gen. Oblig. Rfdg. 5,000,000 5,375,000
Series A, 6.375% 8/1/05
New York New York City Gen. Oblig. Rfdg. 2,000,000 2,235,000
Series A, 7% 8/1/03
New York New York City Gen. Oblig. Rfdg. 2,000,000 2,100,000
Series B, 5.70% 8/15/02
New York New York City Gen. Oblig. Rfdg. 3,000,000 3,217,500
Series C, 6.50% 8/1/07
New York New York City Gen. Oblig. Rfdg.
Series D, 6.60% 2/1/03
New York New York City Gen. Oblig. Rfdg. 10,285,000 10,657,831
Series E, 5.40% 2/15/03
New York New York City Gen. Oblig. Rfdg.
Series E, 6.50% 2/15/04 (FGIC
Insured)
New York New York City Gen. Oblig. Rfdg. 3,580,000 3,718,725
Series H, 5.40% 8/1/04
New York New York City Gen. Oblig. Rfdg. 5,000,000 5,187,500
Series H, 5.50% 8/1/01
New York New York City Gen. Oblig. Rfdg.
Series H, 6% 8/1/07 (FGIC Insured)
New York New York City Gen. Oblig. Rfdg. 4,940,000 5,384,600
Series H, 7.875% 8/1/00
New York New York City Gen. Oblig. Series 4,900,000 4,911,564
A, 6% 8/1/18 (FSA Insured)
(Escrowed to Maturity)
New York New York City Gen. Oblig. Series 2,000,000 2,222,500
B, 7.50% 2/1/02
New York New York City Gen. Oblig. Series 5,000,000 5,587,500
B, 7.50% 2/1/03
New York New York City Gen. Oblig. Series 1,500,000 1,670,625
B, 7.50% 2/1/04
New York New York City Gen. Oblig. Series 4,120,000 4,459,900
C, 6.40% 8/1/03
New York New York City Gen. Oblig. Series
D, 6.50% 2/15/05
New York New York City Gen. Oblig. Series 995,000 1,054,700
F, 6.10% 2/15/02
New York New York City Gen. Oblig. Series 1,495,000 1,597,781
F, 6.10% 2/15/02 (Escrowed to
Maturity)
New York New York City Gen. Oblig. Series 2,000,000 2,150,000
F, 8.10% 11/15/99
New York New York City Gen. Oblig. Series 3,000,000 3,090,000
G, 5.40% 2/1/01
New York New York City Gen. Oblig. Series 12,595,000 13,098,800
G, 5.60% 2/1/02
New York New York City Gen. Oblig. Series 245,000 263,069
H, 6.90% 2/1/01
New York New York City Gen. Oblig. Series 1,640,000 1,771,200
H, 6.90% 2/1/01 (Escrowed to
Maturity)
New York New York City Gen. Oblig. Series 3,000,000 3,206,250
J, 6% 2/15/04
New York New York City Gen. Oblig. Series 11,900,000 11,969,377
L, 4.75% 8/1/98
New York New York City Ind. Dev. Agcy. Spl.
Facs. Rev. (Term. One Group Assoc.
Proj.) 6% 1/1/08(AMT)
New York New York City Ind. Dev. Auth.
(Japan Airlines Co. Ltd. Proj.)
Series 91 , 6% 11/1/15 (FSA
Insured) LOC Morgan Guaranty Trust
Co. (AMT)
New York New York City Muni. Assistance 18,750,000 20,367,188
Corp. Rfdg. Series E, 6% 7/1/04
New York New York City Muni. Assistance
Corp. Rfdg. Series H, 6% 7/1/05
New York New York City Muni. Assistance 2,140,000 2,324,575
Corp. Rfdg. Series J, 6% 7/1/04
New York New York City Muni. Wtr. Fin. 1,325,000 1,376,344
Auth. Wtr. & Swr. Sys. Rev. Series
B, 5.875% 6/15/26
New York New York City Rfdg. Series B, 5,000 5,225
5.50% 8/15/01(Escrowed to
Maturity)
New York New York City Trust Cultural 4,550,000 4,680,813
Resources Rev. (American Museum of
Nat'l. History)Series A, 5.65%
4/1/27 (MBIA Insured)
New York New York Gen. Oblig. Series A, 250,000 279,063
7.75% 8/17/07
New York New York Gen. Oblig. Series B, 395,000 409,813
5.5% 8/15/01
New York New York State Dorm. Auth. Lease
Rev. Rfdg.(State Univ. Dorm.
Facs.) Series A, 6%7/1/03 (AMBAC
Insured)
New York New York State Dorm. Auth. Rev. 2,465,000 2,622,144
(State Univ. Edl. Facs.) 5.75%
5/15/09
New York New York State Dorm. Auth. Rev. 7,000,000 8,172,990
(Suffolk County Judicial Facs.)
Series A, 9.50% 4/15/14
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.25% 5/15/15 (AMBAC
Insured)
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/05
New York New York State Dorm. Auth. Rev. 3,500,000 3,696,875
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/08
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/10
New York New York State Dorm. Auth. Rev. 19,100,000 19,649,125
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/13
New York New York State Dorm. Auth. Rev. 7,000,000 7,560,000
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.875% 5/15/11
New York New York State Dorm. Auth. Rev. 3,000,000 3,322,500
Rfdg. (State Univ. Edl. Facs.)
Series A, 6.50% 5/15/04
New York New York State Dorm. Auth. Rev. 3,565,000 3,836,831
Rfdg. (State Univ. Edl. Facs.)
Series A,5.875% 5/15/17
New York New York State Dorm. Auth. Rev. 1,000,000 1,036,250
Rfdg. (State Univ. Edl. Facs.)
Series B, 5.25% 5/15/05
New York New York State Dorm. Auth. Rev. 8,000,000 8,110,000
Rfdg. (State Univ. Edl. Facs.)
Series B, 5.25% 5/15/11
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series B, 5.50% 5/15/08
New York New York State Envir. Facs. Corp. 2,000,000 2,155,000
Poll. Cont. Rev. Rfdg. (State Wtr.
Revolving Fund)(New York City
Muni. Wtr.) Series A, 5.75%
6/15/12
New York New York State Local Gov't. 2,000,000 1,202,500
Assistance Corp. (Cap.
Appreciation) Series A, 0% 4/1/08
New York New York State Local Gov't. 5,000,000 3,006,250
Assistance Corp. (Cap.
Appreciation) Series B, 0% 4/1/08
New York New York State Local Gov't.
Assistance Corp. Rfdg. (Cap.
Appreciation) Series C,0% 4/1/13
New York New York State Local Gov't. 11,000,000 11,013,750
Assistance Corp. Rfdg. Series A,
5.375% 4/1/16
New York New York State Local Gov't.
Assistance Corp. Rfdg. Series A,
5.50% 4/1/04 (AMBACInsured)
New York New York State Local Gov't.
Assistance Corp. Rfdg. Series C,
5% 4/1/21
New York New York State Local Gov't. 31,600,000 32,311,000
Assistance Corp. Rfdg. Series C,
5.50% 4/1/17
New York New York State Local Gov't. 15,575,000 15,555,531
Assistance Corp. Rfdg. Series E,
5.25% 4/1/16
New York New York State Local Gov't. 8,335,000 9,085,150
Assistance Corp. Rfdg. Series E,
6% 4/1/14
New York New York State Local Gov't. 18,140,000 18,752,225
Assistance Corp. Series B, 6%
4/1/18
New York New York State Local Gov't. 4,600,000 4,922,000
Assistance Corp. Series C, 6.50%
4/1/15
New York New York State Med. Care Facs.
Fin. Agcy. Rev. (Mtg. Proj.)
Series E, 6.20% 2/15/15(FHA
Guaranteed)
New York New York State Mtg. Agcy. Rev.
(Homeowner Mtg.) Series 48, 6.05%
4/1/17 (AMT)
New York New York State Thruway Auth. Hwy.
& Bridge Trust Fund Series A,
5.80% 4/1/09
New York New York State Thruway Auth. Hwy. 2,345,000 2,588,294
& Bridge Trust Fund Series A,
6.25% 4/1/04 (MBIAInsured)
New York New York State Tollway Auth. Gen. 8,500,000 5,896,875
Rev. (Spl. Oblig.) (Cap.
Appreciation) Series A, 0%1/1/05
New York New York State Urban Dev. Corp.
Rev. Rfdg. (Correctional Facs.)
Series A, 5.10% 1/1/09 (AMBAC
Insured)
New York New York State Urban Dev. Corp. 2,300,000 2,423,625
Rev. Rfdg. (State Facs.) 5.75%
4/1/11
New York Niagara County Ind. Dev. Agcy.
Ind. Dev. Rev. (Wintergarden Inn
Assoc. Proj.)0% 6/1/11
New York Niagara Falls Pub. Impt. 7.50% 500,000 642,500
3/1/18 (MBIA Insured)
New York Suffolk County Wtr. Auth. 3,000,000 3,078,750
Waterwks. Rev. Rfdg. (Sr, Lien)
5.10% 6/1/09 (MBIA Insured)
New York Triborough Bridge & Tunnel Auth. 2,325,000 2,752,219
Rev. (Convention Ctr. Proj.)
Series E, 7.25% 1/1/10
New York Triborough Bridge & Tunnel Auth. 3,155,000 2,906,544
Rev. (Gen. Purp.) Series A, 4.75%
1/1/19
New York Triborough Bridge & Tunnel Auth. 10,100,000 10,554,500
Rev. Rfdg. (Gen. Purp.) Series Y,
5.50% 1/1/17
New York Triborough Bridge & Tunnel Auth. 2,075,000 2,023,125
Rev. Series A, 5.125% 1/1/22
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
A, 5.50% 1/1/04(MBIA Insured)
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
A, 5.50% 1/1/05(MBIA Insured)
North Carolina North Carolina Eastern Muni. Pwr. 20,000,000 22,875,000
Agcy. Pwr. Sys. Rev. Rfdg. Series
B, 7% 1/1/08
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
B, 7.25% 1/1/07
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
C, 5.25% 1/1/04
North Carolina North Carolina Eastern Muni. Pwr. 5,950,000 6,128,500
Agcy. Pwr. Sys. Rev. Rfdg. Series
C, 5.50% 1/1/07
North Carolina North Carolina Eastern Muni. Pwr. 5,000,000 5,693,750
Agcy. Pwr. Sys. Rev. Rfdg. Series
C, 7% 1/1/07
North Carolina North Carolina Eastern Muni. Pwr. 9,000,000 9,483,750
Agcy. Pwr. Sys. Rev. Series B, 6%
1/1/05
North Carolina North Carolina Eastern Muni. Pwr.
Sys. Elec. & Gas Rev. Rfdg. Series
A, 6.10% 1/1/01
North Carolina North Carolina Muni. Pwr. Agcy. #1 4,655,000 4,841,200
Catawba Elec. Rev. 5.25% 1/1/09
(MBIA Insured)
North Carolina North Carolina Muni. Pwr. Agcy. #1
Catawba Elec. Rev. Rfdg. 6.25%
1/1/17(AMBAC Insured)
North Carolina North Caroline Eastern Muni. Pwr. 2,000,000 2,120,000
Agcy. Pwr. Sys. Rev. Rfdg. Series
A, 6.25% 1/1/03
North Dakota Mercer County Poll. Cont. Rev. 5,000,000 6,106,250
Rfdg. (Antelope Valley
Station/Basin Elec. Pwr. Cooper)
7.20% 6/30/13 (AMBAC Insured)
North Dakota Mercer County Poll. Cont. Rev. 3,750,000 4,110,938
Rfdg. (Montana-Dakota Utils. Co.
Proj.) 6.65% 6/1/22(FGIC Insured)
Ohio Bedford Hosp. Impt. Rev. Rfdg. 935,000 1,024,994
(Bedford Commty. Hosp.) Series
1990, 8.50% 5/15/09(Pre-Refunded
to 5/15/00 @ 102)
Ohio Butler County Trans. Impt. Dist.
Series A, 5% 4/1/07 (FSA Insured)
Ohio Cleveland Arpt. Sys. Rev. Series
A, 5.50% 1/1/04 (FSA Insured)
(AMT)
Ohio Cleveland Pub. Pwr. Sys. Rev.
Rfdg. (First Mtg.) Series 1, 5%
11/15/24 (MBIA Insured)
Ohio Euclid City School Dist. (Cap. 1,265,000 1,019,906
Appreciation) 0% 12/1/02, (AMBAC
Insured)
Ohio Euclid City School Dist. (Cap. 1,265,000 972,469
Appreciation) 0% 12/1/03, (AMBAC
Insured)
Ohio Marion County Hosp. Impt. Rev.
Rfdg. (Commty. Hosp. Proj.) 5.60%
5/15/01
Ohio Ohio Bldg. Auth. State Facs. 4,000,000 4,180,000
(Adult Correctional) Series A,
5.95% 10/1/14 (MBIA Insured)
Ohio Ohio Bldg. Auth. Workers 8,500,000 8,000,625
Compensation (W. Green Bldg. A)
4.75% 4/1/14
Ohio Ohio Hsg. Fin. Agcy. Mtg.
Residential Rev. Series A-1, 5.30%
9/1/26 (GNMA Coll.) (AMT
Ohio Ohio Hsg. Fin. Agcy. Mtg. Rev. 1,570,000 1,813,350
(Oakleaf-Toledo Apts. Proj.)
10.25% 12/20/25, (GNMA Coll.)
Ohio Ohio Hsg. Fin. Agcy. Mtg. Rev. 7,000,000 7,122,500
4.95% 9/1/20 (AMT)
Ohio Ohio Tpk. Commission Tpk. Rev. 1,250,000 1,295,313
Series A, 5.60% 2/15/12 (MBIA
Insured)
Ohio Ohio Tpk. Commission Tpk. Rev. 2,750,000 2,866,875
Series A, 5.70% 2/15/13 (MBIA
Insured)
Ohio Ohio Tpk. Commission Tpk. Rev. 5,000,000 5,187,500
Series A, 5.70% 2/15/17 (MBIA
Insured)
Ohio Ohio Wtr. Dev. Auth. Poll. Cont.
Facs. Rev. (Wtr. Cont. Loan Fund)
State Match Series,6.50% 12/1/03
(MBIA Insured)
Ohio Ohio Wtr. Dev. Auth. Rev. Rfdg. 1,000,000 1,067,500
(Impt. Pure Wtr. 5.75% 6/1/06
(MBIA Insured)
Oklahoma Oklahoma County Ind. Auth. Rev.
(Epworth Village Proj.) Series A,
10.25% 4/1/19(Pre-Refunded to to
4/1/99 @ 102)
Oklahoma Tulsa Muni. Arpt. Trust Rev.
(American Airlines Corp. Proj.)
7.35% 12/1/11
Oregon Oregon Health Hsg. Edl. & Cultural 1,750,000 1,885,625
Facs. Auth. Rev. Rfdg. (Lewis &
Clark College)Series A, 6% 10/1/13
(MBIA Insured)
Oregon Oregon Health Hsg. Edl. & Cultural 1,000,000 1,068,750
Facs. Auth. Rev. Rfdg. (Lewis &
Clark College)Series A, 6.125%
10/1/24 (MBIA Insured)
Oregon Port Morrow Poll. Cont. Rev. Rfdg. 385,000 437,456
(Pacific Northwest) Series A, 8%
7/15/06
Oregon Port Morrow Poll. Cont. Rev. Rfdg. 430,000 488,588
(Pacific Northwest) Series A, 8%
7/15/07
Oregon Port Morrow Poll. Cont. Rev. Rfdg. 480,000 545,400
(Pacific Northwest) Series A, 8%
7/15/08
Oregon Port Morrow Poll. Cont. Rev. Rfdg. 540,000 613,575
(Pacific Northwest) Series A, 8%
7/15/09
Oregon Port Morrow Poll. Cont. Rev. Rfdg. 605,000 687,431
(Pacific Northwest) Series A, 8%
7/15/10
Oregon Port Morrow Poll. Cont. Rev. Rfdg. 385,000 437,456
(Pacific Northwest) Series A, 8%
7/15/11
Oregon Port Morrow Poll. Cont. Rev. Rfdg. 155,000 158,891
(Pacific Northwest) Series A, 8%
7/15/98
Oregon Port Morrow Poll. Cont. Rev. Rfdg. 175,000 185,719
(Pacific Northwest) Series A, 8%
7/15/99
Oregon Portland Series B, 7% 6/1/00 1,385,000 1,483,681
Oregon Portland Series B, 7% 6/1/01 1,480,000 1,620,600
Oregon Portland Swr. Sys. Rev. Rfdg. 2,000,000 2,032,500
Series A, 5.25% 3/1/10
Oregon Portland Swr. Sys. Rev. Series A, 1,875,000 2,071,875
6.25% 6/1/15 (Pre-Refunded to
6/1/04 @ 101)
Pennsylvania Allegheny County Hosp. Dev. Auth. 10,040,000 9,688,600
(Univ. of Pittsburg Med. Ctr.)
Series B, 5.125% 7/1/22 (MBIA
Insured)
Pennsylvania Butler County Hosp. Auth. Hosp. 5,000,000 5,493,750
Rev. (North Hills Passavant Hosp.)
Series A, 6.80%6/1/06 (FSA
Insured) (Pre-Refunded to 6/1/01 @
102)
Pennsylvania Cambria County Hosp. Dev. Auth.
Hosp. Rev. Rfdg. & Impt.
(Conemaugh Valley Hosp.)Series B,
6.375% 7/1/18 (Connie Lee Insured)
Pennsylvania Cumberland County Muni. Auth. Rev. 4,600,000 4,950,750
Rfdg. (1st. Mtg.-Carlisle Hosp. &
Health) 6.80%11/15/23
Pennsylvania Delaware County Auth. Rev. (1st.
Mtg. Riddle Village Proj.) 7%
6/1/00 (Escrowed toMaturity)
Pennsylvania Delaware County Auth. Rev. (1st.
Mtg. Riddle Village Proj.) 8.25%
6/1/22 (Escrowed toMaturity)
Pennsylvania Delaware County Auth. Rev. (1st.
Mtg. Riddle Village Proj.) 9.25%
6/1/22 (Pre-Refundedto 6/1/02 @
102)
Pennsylvania Delaware County Auth. Rev. (1st.
Mtg. Riddle Village Proj.) Series
1992, 8.75% 6/1/10 (Pre-Refunded
to 6/1/02 @ 102)
Pennsylvania Delaware County Ind. Dev. Auth. 9,050,000 9,570,375
Rev. Rfdg. (Resource Recovery
Fac.) Series A, 6.10%7/1/13
Pennsylvania Montgomery County Higher Ed. &
Health Auth. Hosp. Rev. (United
Hosp., Inc.) Series A,8.375%
11/1/03 (Pre-Refunded to 11/1/99 @
102)
Pennsylvania Montgomery County Higher Ed. &
Health Auth. Hosp. Rev. (United
Hosp., Inc.) Series B,7.50%
11/1/15 (Pre-Refunded to 11/1/99 @
100)
Pennsylvania Northumberland County Auth. 11,830,000 5,190,413
Commonwealth Lease Rev.
(Correctional Facs.)
(Cap.Appreciation) 0% 10/15/13
(MBIA Insured)
Pennsylvania Pennsylvania Convention Ctr. Auth.
Rev. Rfdg. Series A, 6.60% 9/1/09
(MBIA Insured)
Pennsylvania Pennsylvania Convention Ctr. Auth.
Rev. Rfdg. Series A, 6.70% 9/1/14
(MBIA Insured)
Pennsylvania Pennsylvania Convention Ctr. Auth.
Rev. Rfdg. Series A, 6.75% 9/1/19
Pennsylvania Pennsylvania Convention Ctr. Auth.
Rev. Series A, 6.70% 9/1/16 (FGIC
Insured)(Escrowed to Maturity)
Pennsylvania Pennsylvania Hsg. Fin. Agcy. Rev.
Rfdg. (Single Family Mtg.) Series
54A, 5.375%10/1/28 (AMT)
Pennsylvania Pennsylvania Hsg. Fin. Agcy. Rfdg.
(Multi-Family Section 8) Series C,
8.10% 7/1/13(FHA Guaranteed)
Pennsylvania Pennsylvania Hsg. Fin. Agcy. 10,000,000 10,775,000
Single Family Mtg. Series 44C,
6.65% 10/1/21 (AMT)
Pennsylvania Pennsylvania Hsg. Fin. Agcy.
Single Family Mtg. Series 51,
5.65% 4/1/20 (AMT)
Pennsylvania Philadelphia Gen. Oblig. 6.25%
5/15/11 (MBIA Insured)
Pennsylvania Philadelphia Gen. Oblig. 6.25%
5/15/13 (MBIA Insured)
Pennsylvania Philadelphia Hosp. & Higher Ed.
Facs. Auth. Hosp. Rev. Rfdg.
(Pennsylvania Hosp.)5.95% 7/1/03
Pennsylvania Philadelphia Hosp. & Higher Ed. 4,405,000 4,531,644
Facs. Auth.Hosp. Rev. Rfdg.
(Pennsylvania Hosp.) 5.70% 7/1/01
Pennsylvania Philadelphia Muni. Auth. Rev. 250,000 261,563
Rfdg. Lease Series D, 6% 7/15/03
Pennsylvania Philadelphia Muni. Auth. Rev. 4,000,000 4,220,000
Rfdg. Series D, 6.125% 7/15/08
Pennsylvania Philadelphia Wtr. & Swr. Rev.
(Cap. Appreciation) 14th Series,
0% 10/1/05 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev.
6.25% 8/1/09 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev. 2,000,000 2,257,500
6.75% 8/1/04 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev. 1,500,000 1,706,250
6.75% 8/1/05 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev. 3,000,000 2,966,250
Rfdg. 5% 6/15/12 (FGIC Insured)
Pennsylvania Pittsburgh Wtr. & Swr. Auth. Wtr.
& Swr. Sys. Rev. Rfdg. (Cap.
Appreciation) Series A, 0% 9/1/06
(FGIC Insured) (Escrowed to
Maturity)
Pennsylvania Pittsburgh Wtr. & Swr. Auth. Wtr. 3,900,000 2,851,875
& Swr. Sys. Rev. Rfdg. (Cap.
Appreciation) Series A,0% 9/1/04
(FGIC Insured) (Escrowed to
Maturity)
Pennsylvania Pittsburgh Wtr. & Swr. Auth. Wtr. 10,000,000 9,387,500
& Swr. Sys. Rev. Rfdg. Series A,
4.75% 9/1/16 (FGICInsured)
Pennsylvania Southern Pennsylvania Trans. Auth.
Spl. Rev. Series A, 6.50% 3/1/05
(FGIC Insured)
Pennsylvania Wyoming Ind. Dev. Auth. Poll. 4,300,000 4,558,000
Cont. Rev. Rfdg. (Proctor & Gamble
Paper Proj.) 5.55%5/1/10
Rhode Island Rhode Island Depositors Econ. 2,645,000 2,820,231
Protection Corp. Spl. Oblig. Rfdg.
Series A, 5.75%8/1/12 (MBIA
Insured)
South Carolina Charleston County Health Facs.
Rev. Rfdg. (1st. Mtg. Episcopal
Proj.) Series A, 9.75% 4/1/16
(Pre-Refunded to 4/1/01 @ 102)
South Carolina Charleston County Health Facs.
Rev. Rfdg. (1st. Mtg. Episcopal
Proj.) Series B, 9.75% 4/1/16
(Pre-Refunded to 4/1/01 @ 102)
South Carolina Charleston County Resource
Recovery Rev. (Foster Wheeler
Charleston) Series A, 9.25% 1/1/10
(AMT)
South Carolina Lexington County Health Svcs.
Dist. Inc. Hosp. Rev. 7% 10/1/08
(FSA Insured)
South Carolina Piedmont Muni. Pwr. Agcy. Elec. 1,455,000 1,531,388
Rev. Rfdg. 5.50% 1/1/10 (MBIA
Insured)
South Carolina Piedmont Muni. Pwr. Agcy. Elec. 1,135,000 1,201,681
Rev. Rfdg. 5.50% 1/1/10 (MBIA
Insured) (Escrowed toMaturity)
South Carolina Piedmont Muni. Pwr. Agcy. Elec. 2,945,000 3,140,106
Rev. Rfdg. 5.60% 1/1/09 (MBIA
Insured)
South Carolina Piedmont Muni. Pwr. Agcy. Elec. 2,295,000 2,461,388
Rev. Rfdg. 5.60% 1/1/09 (MBIA
Insured) (Escrowed toMaturity)
South Carolina Piedmont Muni. Pwr. Agcy. Elec. 4,625,000 4,711,719
Rev. Rfdg. Series B, 5.25% 1/1/11
(MBIA Insured)
South Carolina Richland County Hosp. Facs. Rev.
(Commty. Provider Pooled Loan
Prog.) Series A, 7.125% 7/1/17
(FSA Insured) (Escrowed to
Maturity)
South Carolina South Carolina Ed. Assistance
Auth. Rev. (Student Loan) 6.40%
9/1/02 (AMT)
South Carolina South Carolina Ed. Assistance 8,775,000 9,455,063
Auth. Rev. (Student Loan) 6.625%
9/1/06 (AMT)
South Carolina South Carolina Gen. Oblig. (State
Cap. Impt.) Series B, 5.75% 8/1/04
South Carolina South Carolina Pub. Svc. Auth.
Rev. Rfdg. Series A, 6.25% 1/1/03
South Carolina South Carolina Pub. Svc. Auth.
Rev. Rfdg. Series A, 6.25% 1/1/04
(MBIA Insured)
South Carolina South Carolina Pub. Svc. Auth. 3,665,000 4,068,150
Rev. Rfdg. Series A, 6.25% 2/1/06
(MBIA Insured)
South Carolina South Carolina Pub. Svc. Auth. 3,750,000 3,984,375
Rev. Rfdg. Series A, 6.375% 7/1/21
(AMBAC Insured)
South Carolina South Carolina Pub. Svc. Auth. 200,000 227,000
Rev. Rfdg. Series A, 6.50% 1/1/08
(MBIA Insured)
South Dakota South Dakota Lease Rev. Rfdg.
(Trust Cfts.) Series A, 6.625%
9/1/12 (FSA Insured)
South Dakota Spearfish School Dist. #40-2 1,500,000 1,670,625
Unltd. Tax (Lawrence County) 7.30%
7/1/11 (Pre-Refundedto 7/1/01 @
102)
Tennessee Johnson City Elec. Rev. 5.15% 5,335,000 5,274,981
5/1/23 (MBIA Insured)
Tennessee Knox County Health Edl. & Hsg.
Facs. Board Hosp. Facs. Rev. Rfdg.
(Fort SandersAlliance) Series C,
5.75% 1/1/14 (MBIA Insured)
Tennessee Memphis-Shelby County Arpt. Auth. 1,415,000 1,574,188
Arpt. Rev. Rfdg. Series A, 6.25%
2/15/11 (MBIA Insured)
Tennessee Memphis-Shelby County Arpt. Auth.
Arpt. Rev. Rfdg. Series B, 6.50%
2/15/09 (MBIA Insured)
Tennessee Metropolitan Gov't. Nashville &
Davidson County Wtr. & Swr. Rev.
Rfdg. (Cap.Appreciation) 0% 1/1/12
(FGIC Insured) stepped coupon
Tennessee Metropolitan Gov't. Nashville &
Davison County Wtr. & Swr. Rev.
Rfdg. 6% 1/1/07(MBIA Insured)
Tennessee Shelby County Gen. Oblig. Rfdg. 3,000,000 3,371,250
Series A, 6.75% 4/1/04
Tennessee Tennessee Gen. Oblig. Series A, 7% 2,355,000 2,658,206
3/1/03
Texas Allen Independent School Dist. 2,120,000 1,597,950
Rfdg. (Cap. Appreciation) 0%
2/15/04 (PSF Guaranteed)
Texas Allen Independent School Dist. 2,120,000 1,515,800
Rfdg. (Cap. Appreciation) 0%
2/15/05 (PSF Guaranteed)
Texas Alliance Arpt. Auth. Spl. Facs.
Rev. (American Airlines, Inc.
Proj.) 7% 12/1/11 (AMT)
Texas Alliance Arpt. Auth. Spl. Facs.
Rev. (American Airlines, Inc.
Proj.) 7.50% 12/1/29 AMT
Texas Austin Gen. Oblig. Rfdg. (Pub. 2,000,000 1,943,720
Impt.) (Cap. Appreciation) Series
B, 0% 9/1/98 (MBIAInsured)
Texas Austin Independent School Dist. 2,100,000 1,711,500
Rfdg. (Cap. Appreciation) 0%
8/1/02 (PSF Guaranteed)
Texas Austin Independent School Dist. 500,000 565,625
School Bldg. 8.125% 8/1/01 (PSF
Guaranteed) (Escrowedto Maturity)
Texas Austin Util. Sys. Rev. (Capital 4,000,000 2,210,000
Appreciation) 0% 11/15/09, (AMBAC
Insured)
Texas Austin Util. Sys. Rev. Rfdg. (Cap.
Appreciation) 0% 11/15/10 (AMBAC
Insured)
Texas Austin Util. Sys. Rev. Rfdg. (Cap. 4,000,000 3,375,000
Appreciation) Series A, 0%
11/15/01 (MBIA Insured)
Texas Austin Util. Sys. Rev. Rfdg. 3,895,000 2,283,444
Series A, 0% 11/15/08, (MBIA
Insured)
Texas Brazos River Auth. Poll. Cont.
Rev. (Texas Utils. Elec. Co.
Proj.) Series A, 8.25% 1/1/19
(AMT)
Texas Brazos River Auth. Poll. Cont. 6,400,000 6,604,992
Rev. (Texas Utils. Elec. Co.)
Series A, 9.25% 3/1/18(AMT)
Texas Cedar Hill Independent School 1,575,000 876,094
Dist. Rfdg. (Cap. Appreciation) 0%
8/15/09 (PSFGuaranteed)
Texas Conroe Independent School Dist. 1,360,000 875,500
Rfdg. (Cap. Appreciation) 0%
2/15/07 (PSF Guaranteed)
Texas Conroe Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/09 (PSF Guaranteed)
Texas Conroe Independent School Dist. 1,805,000 972,444
Rfdg. (Cap. Appreciation) 0%
2/15/10 (PSF Guaranteed)
Texas Conroe Independent School Dist. 1,500,000 763,125
Rfdg. (Cap. Appreciation) 0%
2/15/11 (PSF Guaranteed)
Texas Conroe Independent School Dist. 3,000,000 1,826,250
Rfdg. (Cap. Appreication) 0%
2/15/08 (PSF Guaranteed)
Texas Corpus Christi Independent. School 1,535,000 1,310,506
Dist. Rfdg. (Cap. Appreciation) 0%
8/15/01 (PSF Guanteed)
Texas Corpus Christi Independent. School 2,165,000 1,761,769
Dist. Rfdg. 0% 8/15/02 (PSF
Guaranteed)
Texas Cypress-Fairbanks Independent 4,250,000 3,208,750
School Dist. Rfdg. Unltd. Tax
(Cap. Appreciation) 0%2/1/04 (PSF
Guaranteed)
Texas Cypress-Fairbanks Independent 5,000,000 2,400,000
School Dist. Rfdg. Unltd. Tax
(Cap. Appreciation)Series A, 0%
2/15/12 (PSF Guaranteed)
Texas Dallas-Fort Worth Reg'l. Arpt. 2,295,000 2,590,481
Rev. Rfdg. (Joint Dallas/Fort
Worth Int'l. Arpt.) 6.50%11/1/05
(FGIC Insured)
Texas Dallas Gen. Oblig. 4.50% 2/15/14 2,400,000 2,244,000
Texas Dallas Gen. Oblig. Ref. (Dallas 2,500,000 2,759,375
Denton & Collin Co.) 6.50% 2/15/03
Texas Dallas Gen. Oblig. Rfdg. (Cap. 5,115,000 4,072,819
Appreciation) 0% 2/15/03
Texas Dallas Hsg. Corp. Cap. Prog. Rev. 1,100,000 1,157,750
Rfdg. (Section 8 Assorted Projs.)
7.70% 8/1/05
Texas Dallas Hsg. Corp. Cap. Prog. Rev. 1,000,000 1,056,250
Rfdg. (Section 8 Assorted Projs.)
7.85% 8/1/13
Texas Dallas Independent School Dist. 3,300,000 2,074,875
Rfdg. (Cap. Appreciation) 0%
8/15/07 (PSF Guaranteed)
Texas El Paso Int'l. Arpt. Rev. 5.12% 1,000,000 1,023,750
8/15/04 (FGIC Insured) (AMT)
Texas El Paso Prop. Fin. Auth. Single 1,060,000 1,154,075
Family Mtg. Rev. Series A, 8.70%
12/1/18, (GNMA Coll.) (AMT)
Texas El Paso Wtr. & Swr. Rev. Rfdg.
(Cap. Appreciation) 0% 3/1/05
(MBIA Insured)
Texas El Paso Wtr. & Swr. Rev. Rfdg.
(Cap. Appreciation) 0% 3/1/06
(MBIA Insured)
Texas Fort Bend Independent School Dist.
Gen. Oblig. 7% 2/15/05 (PSF
Guaranteed)
Texas Garland Independent School Dist. 5,000,000 4,193,750
Series A, 4% 2/15/17
Texas Grapevine-Colleyville Indpt. 2,580,000 1,715,700
School Dist. Rfdg. (Cap.
Appreciation) 0% 8/15/06(PSF
Guaranteed)
Texas Houston Independent. School Dist. 6,400,000 3,176,000
Rfdg. Series A, 0% 8/15/11 (PSF
Guaranteed)
Texas Houston Wtr. & Swr. Sys. Rev.
Rfdg. (Jr. Lien) Series B, 6.25%
12/1/05 (FGIC Insured)
Texas Houston Wtr. & Swr. Sys. Rev.
Rfdg. (Jr. Lien) Series C, 0%
12/1/06 (AMBAC Insured)
Texas Humble Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/07 (Permanent School Fund of
Texas Guaranteed)
Texas Irving Independent School Dist.
(Cap. Appreciation) 0% 2/15/01
(Permanent School Fundof Texas
Guaranteed)
Texas Irving Independent School Dist. 0% 5,520,000 4,816,200
2/15/01
Texas Katy Independent School Dist. 2,450,000 1,577,188
Rfdg. Ltd. Tax (Cap. Appreciation)
Series A, 0% 2/15/07(PSF
Guaranteed)
Texas Katy Indpt. School Dist. Rfdg. 0% 4,170,000 2,069,363
8/15/11 (PSF Guaranteed)
Texas Leander Independant School Dist. 300,000 370,875
Unltd. Tax 7.50% 8/15/08, (PSF
Guaranteed)
Texas Lower Colorado River Auth. Rev. 3,000,000 1,751,250
Priority Rfdg. (Cap. Appreciation)
0% 1/1/09 (MBIAInsured) (Escrowed
to Maturity)
Texas Lower Colorado River Auth. Rev. 6,000,000 6,187,500
Refdg. 5.25% 1/1/05
Texas Lower Colorado River Auth. Rev. 6,000,000 6,172,500
Rfdg. (Jr. Lien-4th Supplement)
5.25% 1/1/15 (Escrowed to
Maturity)
Texas Lower Neches Valley Auth. Ind. 9,500,000 10,260,000
Dev. Corp. Envir. Rev. (Mobil Oil
Refining Corp. Proj.) 6.35% 4/1/26
(AMT)
Texas Lower Neches Valley Auth. Ind. 35,455,000 38,380,038
Dev. Corp. Swr. Facs. Rev. (Mobil
Oil Refining Corp.Proj.) 6.40%
3/1/30 (AMT)
Texas Matagorda County Navigation Dist.
#1 Rev. Rfdg. (Houston Lt. & Pwr.
Proj.) Series C,7.125% 7/1/19
(FGIC Insured)
Texas Midlothian Indpt. School Dist. 1,935,000 1,245,656
Rfdg. (Cap. Appreciation) 0%
2/15/07 (PSF Guaranteed)
Texas Midlothian Indpt. School Dist. 1,525,000 821,594
Rfdg. (Cap. Appreciation) 0%
2/15/10 (PSF Guaranteed)
Texas Port Arthur Hsg. Fin. Corp. Single 755,000 823,894
Family Mtg. Rev. Rfdg. 8.70%
3/1/12
Texas Port Dev. Corp. Ind. Dev. Rev. 1,000,000 1,055,000
Rfdg. (Cargill, Inc. Proj.) 7.70%
3/1/07
Texas Round Rock Independent School 1,025,000 1,145,438
Dist. 6.50% 8/1/04 (PSF
Guaranteed)
Texas Round Rock Independent School
Dist. Rfdg. & School Bldg. (Cap.
Appreciation)0% 8/15/09 (MBIA
Insured)
Texas Round Rock Independent School 2,000,000 1,745,000
Dist. Rfdg. 0% 2/15/01 (PSF
Guaranteed)
Texas Round Rock Independent School 1,300,000 1,503,125
Dist. Series A, 7.50% 8/1/03 (PSF
Guaranteed)
Texas Round Rock Indpt. School Dist. 5,000,000 2,625,000
Rfdg. & School Bldg. 0% 8/15/10
(MBIA Insured)
Texas Sabine River Auth. Poll. Cont.
Rev. (Texas Util. Elec. Proj.)
Series B, 8.25% 10/1/20(AMT)
Texas San Antonio Elec. & Gas Rev. 5.75% 12,010,000 12,400,325
2/1/11
Texas San Antonio Elec. & Gas Rev. Rfdg. 5,850,000 4,175,438
(Cap. Appreciation) Series A, 0%
2/1/05 (AMBACInsured)
Texas San Antonio Elec. & Gas Rev. Rfdg. 4,340,000 2,647,400
(Cap. Appreciation) Series B, 0%
2/1/08 (FGICInsured)
Texas San Antonio Elec. & Gas Rev. Rfdg. 2,000,000 1,150,000
(Cap. Appreciation) Series B, 0%
2/1/09, (FGIC Insured)
Texas San Antonio Elec. & Gas Rev. Rfdg.
(Cap. Appreciation) Series B, 0%
2/1/10 (FGICInsured)
Texas San Antonio Elec. & Gas Rev. Rfdg. 6,500,000 6,678,750
5.25% 2/1/10
Texas San Antonio Elec. & Gas Rev. Rfdg. 300,000 336,375
Series 95, 6.375% 2/1/06
Texas San Antonio Elec. & Gas Rev. 585,000 598,894
Series B, 6% 2/1/14
Texas San Antonio Gen. Oblig. Impt.
Rfdg. (Cap. Appreciation) Series
C, 0% 8/1/06 (BIG Insured)
Texas San Antonio Wtr. Rev. (Cap. 5,500,000 2,117,500
Appreciation) 0% 5/1/12 (AMBAC
Insured) (Pre-Refunded to5/1/00 @
42.652)
Texas Spring Branch Independent School 5,710,000 3,897,075
Dist. Rfdg. (Cap. Appreciation) 0%
2/1/06 (PSFGuaranteed)
Texas Spring Branch Indpt. School Dist. 5,725,000 4,100,531
Rfdg. 0% 2/1/05
Texas Spring Independent School Dist. 2,500,000 2,465,625
4.875% 8/15/10 (PSF Guaranteed)
Texas Spring Independent School Dist. $3,000,000 $2,497,500
Rfdg. (Cap. Appreciation) 0%
2/15/02 (PSF Guaranteed)
Texas Texarkana Health Facs. Dev. Corp. 1,750,000 1,898,750
Hosp. Rev. (Wadley Reg'l. Med.
Ctr. Proj.) 7% 10/1/05 (MBIA
Insured)
Texas Texas A & M Univ. Fing. Sys. Rev.
Rfdg. 5.50% 5/15/02
Texas Texas A&M Univ. Permament Univ. 3,850,000 4,100,250
Fund Rfdg. 5.50% 7/1/04
Texas Texas College Student Loan Gen. 2,350,000 2,458,688
Oblig. 5.80% 8/1/05 (AMT)
Texas Texas Gen. Oblig. Rfdg. (Veterans 2,500,000 2,740,625
Land) 7.40% 12/1/20
Texas Texas Gen. Oblig. Series B, 5.25% 3,000,000 3,026,250
10/1/13
Texas Texas Muni. Pwr. Agcy. Rev. Rfdg. 1,000,000 733,750
(Cap. Appreciation) 0% 9/1/04
(AMBAC Insured)
Texas Texas Muni. Pwr. Agcy. Rev. Rfdg. 13,000,000 9,035,000
(Cap. Appreciation) 0% 9/1/05
(AMBAC Insured)
Texas Texas Pub. Fin. Auth. Bldg. Rev.
Rfdg. (Cap. Appreciation) 0%
2/1/09 (MBIA Insured)
Texas Texas Pub. Fin. Auth. Bldg. Rev.
Rfdg. (Cap. Appreciation) Series
1990, 0% 2/1/12(MBIA Insured)
Texas Texas Pub. Fin. Auth. Bldg. Rev.
Series A, 6% 8/1/03 (AMBAC
Insured)
Texas Texas Pub. Fin. Auth. Rfdg. (Cap. 9,420,000 8,007,000
Texas Texas Pub. Fin. Auth. Rfdg. Series 4,000,000 4,390,000
C, 6% 10/1/05 Appreciation) Series
A, 0% 10/1/01 (AMBAC Insured)
Texas Texas TRAN 4.75% 8/31/98
Texas Texas Wtr. Dev. Board Rev. (State
Revolving Fund Sr. Lien) 6.30%
7/15/06
Texas Univ. of Texas Univ. Revs. Rfdg. 1,170,000 1,278,225
(Fing. Sys.) Series A, 6% 8/15/04
Texas Univ. of Texas Univ. Revs. Rfdg. 1,000,000 1,097,500
(Fing. Sys.) Series A, 6% 8/15/05
Texas Winters Wtrwks. & Swr. Sys. Rev. 500,000 600,000
Rfdg. 8.50% 8/1/17, (Pre-Refunded
to 8/1/03 @ 100)
Utah Intermountain Pwr. Agcy. Pwr. 4,435,000 3,974,869
Supply Sys. Rev. Rfdg. (Cap.
Appreciation) Series B, 0% 7/1/00
(MBIA Insured)
Utah Intermountain Pwr. Agcy. Pwr. 5,000,000 5,350,000
Supply Sys. Rev. Rfdg. Series A,
6% 7/1/16 (AMBAC Insured)
Utah Intermountain Pwr. Agcy. Pwr. 3,100,000 3,561,125
Supply Sys. Rev. Rfdg. Series A,
6.50% 7/1/08 (AMBACInsured)
Utah Intermountain Pwr. Agcy. Pwr. 1,000,000 1,155,000
Supply Sys. Rev. Rfdg. Series A,
6.50% 7/1/11, (AMBAC Insured)
Utah Intermountain Pwr. Agcy. Pwr. 18,000,000 18,787,500
Supply Sys. Rev. Rfdg. Series B,
5.75% 7/1/16 (MBIAInsured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series B,
6.25% 7/1/03 (MBIA Insured)
Utah Intermountain Pwr. Agcy. Pwr. 6,200,000 5,983,000
Supply Sys. Rev. Rfdg. Series D,
5% 7/1/21 (MBIA Insured)
Utah Intermountain Pwr. Agcy. Pwr. 1,660,000 1,757,525
Supply Sys. Rev. Rfdg. Series G,
0% 7/1/12 (Pre-Refunded to1/1/03 @
101) stepped coupon
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Spl. Oblig.
Sixth Series B, 6%7/1/16 (MBIA
Insured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Spl. Oblig.
Sixth Series B, 6.50% 7/1/05 (MBIA
Insured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Spl. Oblig. Sixth
Series B, 6.50%7/1/10 (MBIA
Insured)
Utah South Salt Lake City Ind. Rev.
(Price Savers Wholesale Club
Proj.) 9% 11/15/13
Utah Utah Hsg. Fin. Agcy. (Single 355,000 390,944
Family Mtg.) Series G, 9.25%
7/1/19, (FHA Guaranteed)*
Vermont Vermont Ind. Dev. Auth. Ind. Dev. 2,350,000 2,564,438
Rev. (Radisson Hotel) Series B-1,
7.75% 11/15/15
Vermont Vermont Muni. Bond Bank Series B, 3,000,000 3,232,500
7.20% 12/1/20 (Pre-Refunded to
12/1/99 @ 102)
Virginia Fairfax County Econ. Dev. Auth. 3,700,000 3,945,125
Resource Recovery Rev. (Ogden
Martin Sys. Proj.) Series A, 7.75%
2/1/11 (AMT)
Virginia Loudoun County Ind. Dev. Auth.
Residential Care Facs. Rev.
(Falcons Landing Proj.)Series A,
8.75% 11/1/24
Virginia Loudoun County Ind. Dev. Auth.
Residential Care Facs. Rev.
(Falcons Landing Proj.)Series A,
9.25% 11/1/04
Virginia Lynchburg Ind. Dev. Auth. Hosp. 3,000,000 3,124,920
Facs. 1st. Mtg. Rev. Rfdg.
(Central Health, Inc.)8.125%
1/1/16
Virginia Peninsula Ports Auth. Hosp. Facs. 1,500,000 1,539,300
Rev. Rfdg. (Whittaker Mem. Proj.)
8.70% 8/1/23 (FHAGuaranteed)
Virginia Richmond Gen. Oblig. Rfdg. Series 1,725,000 1,834,969
B, 5.50% 1/15/04 (FGIC Insured)
Virginia Richmond Metropolitan Expressway
Rev. Rfdg. Series A, 6% 7/15/08
(FGIC Insured)
Virginia Richmond Redev. & Hsg. Auth. Mtg. 750,000 757,755
Rev. (Multi-Family Hsg. Pinebrook
Proj.) 9.25% 10/1/20 (GNMA Coll.)
Virginia Southeastern Pub. Svc. Auth. Rev.
Rfdg. Sr. Series A, 5.25% 7/1/10
(MBIA Insured)
Virginia Upper Occoquan Swr. Auth. Reg'l. 8,000,000 8,010,000
Swr. Rev. Series A, 5.15% 7/1/20
(MBIA Insured)
Virginia Virginia Beach Dev. Auth. Hosp. 3,100,000 3,072,875
Facs. Rev. (Virginia Beach Gen.
Hosp. Proj.) 5.125%2/15/18 (AMBAC
Insured)
Virginia Virginia Beach Dev. Auth. Hosp.
Facs. Rev. (Virginia Beach Gen.
Hosp. Proj.) 6% 2/15/12 (AMBAC
Insured)
Virginia Virginia Beach Dev. Auth. Hosp.
Facs. Rev. (Virginia Beach Gen.
Hosp. Proj.) 6% 2/15/13 (AMBAC
Insured)
Virginia Virginia Commonwealth Gen. Oblig. 4,370,000 4,533,875
5% 6/1/04
Virginia Virginia Commonwealth Trans. Board
Trans. Rev. Rfdg. (U.S. Rte. 58
Corridor Prog.) Series C, 5.125%
5/15/19
Virginia Virginia Hsg. Dev. Auth. 1,890,000 1,996,313
Multi-Family Hsg. Series I, 5.95%
5/1/09 (AMT) 11/1/10
Virginia Virginia Resources Auth. Wtr. & 180,000 189,614
Swr. Sys. Rev. Series A, 7.70%
Washington Benton County Pub. Util. Dist. #1
Elec. Rev. Rfdg. 6% 11/1/04 (AMBAC
Insured)
Washington Douglas County Pub. Util. Dist. #1 1,395,000 1,780,369
Wells Hydroelec. Rev. Rfdg.
(Pacific Pwr. & Lt. Co.) Series A,
8.75% 9/1/18
Washington King County Gen. Oblig. 5.75%
12/1/11
Washington King County Gen. Oblig. Series D, 2,000,000 2,135,000
5.40% 12/1/06
Washington Port Seattle Rev. Series B, 5.50% 4,010,000 4,155,363
9/1/09 (FGIC Insured) (AMT)
Washington Port Seattle Rev. Series B, 5.60% 4,230,000 4,383,338
9/1/10 (FGIC Insured) (AMT)
Washington Snohomish County School Dist. 2,405,000 2,759,738
#201, 6.75% 12/1/06 (AMBAC
Insured)
Washington Washington Gen Oblig. Series C, 1,000,000 1,106,250
6.50% 7/1/03
Washington Washington Gen. Oblig. (Motor 2,655,000 3,079,800
Vehicle Fuel Tax) Series B, 7%
9/1/05
Washington Washington Gen. Oblig. Rfdg.
Series R-93A, 5.60% 9/1/04
Washington Washington Gen. Oblig. Series 3,560,000 3,920,450
1996-A, 6.75% 7/1/02
Washington Washington Gen. Oblig. Series 2,000,000 2,177,500
R-96C, 6% 7/1/04
Washington Washington Motor Vehicle Fuel Tax 4,635,000 5,144,850
Gen. Oblig. Series B, 6.50% 9/1/03
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #1 Rev. Rfdg.
(Bonneville Pwr.Administration)
Series B, 7% 7/1/08
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #1 Rev. Rfdg. Series
B, 7.25% 7/1/12(FGIC Insured)
Washington Washington Pub. Pwr. Supply Sys. 33,950,000 34,416,771
Nuclear Proj. #2 Rev. 5.40% 7/1/12
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. 5.50% 7/1/10
(FGIC Insured)
Washington Washington Pub. Pwr. Supply Sys. 7,500,000 7,800,000
Nuclear Proj. #2 Rev. 6.92% 7/1/10
(FGIC Insured)(inverse floaters)
Washington Washington Pub. Pwr. Supply Sys. 6,000,000 6,105,000
Nuclear Proj. #2 Rev. Refdg.
Series A, 5% 7/1/01
Washington Washington Pub. Pwr. Supply Sys. 3,565,000 3,859,113
Nuclear Proj. #2 Rev. Refdg.
Series A, 6% 7/1/05 (AMBAC
Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Rfdg.
(Bonneville Pwr.Administration)
Series B, 5.625% 7/1/12 (MBIA
Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Rfdg. Series
A, 0% 7/1/11, (MBIA Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Rfdg. Series
A, 6% 7/1/07
Washington Washington Pub. Pwr. Supply Sys. 16,080,000 11,075,100
Nuclear Proj. #2 Rev. Rfdg. Series
C, 0% 7/1/05
Washington Washington Pub. Pwr. Supply Sys. 11,000,000 7,645,000
Nuclear Proj. #2 Rev. Series C, 0%
7/1/05, (MBIA Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #3 Rev. 5.40% 7/1/12
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #3 Rev. Rfdg. (Cap.
Appreciation)Series B, 0% 7/1/08
(MBIA Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #3 Rev. Rfdg. Series
B, 7% 7/1/05 (FGICInsured)
Washington Washington Pub. Pwr. Supply Sys. 1,000,000 1,092,500
Nuclear Proj. #3 Rev. Rfdg. Series
B, 7.375% 7/1/04
Washington Washington State Pub. Pwr. Supply 500,000 590,000
Sys. Nuclear Proj. #1 Rev. Series
A, 7% 7/1/08
Wisconsin Menomonee Falls Wtr. Sys. Rev.
5.875% 12/1/16 (FSA Insured)
Wyoming Natrona County Hosp. Rev. (Wyoming 4,500,000 4,848,750
Med. Ctr. Proj.) 8.125% 9/15/10
Wyoming Wyoming Farm Loan Board Cap. Facs. 3,995,000 2,926,338
Rev. 0% 10/1/04 (Escrowed to
Maturity)
Wyoming Wyoming Farm Loan Board Cap. Facs. 3,995,000 2,786,513
Rev. 0% 10/1/05 (Escrowed to
Maturity)
Wyoming Wyoming Farm Loan Board Cap. Facs. 3,695,000 2,461,794
Rev. 0% 10/1/06 (Escrowed to
Maturity)
Wyoming Wyoming Muni. Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series A,
6.125% 1/1/16 (MBIAInsured)
TOTAL MUNICIPAL
BONDS 2,253,774,808
MUNICIPAL NOTES
Florida Florida Hsg. Fin. Agcy. 6,200,000 6,200,000
Multi-Family Hsg. Rev. Rfdg.
(Brandon-Oxford) Series 90C,4.20%,
VRDN
Illinois Chicago Gen. Oblig. Series 1997, 6,500,000 6,498,180
3.65%, tender 2/5/98, LOC Morgan
Guaranty Trust Co.
Illinois Illinois Dev. Fin. Auth. 4,000,000 4,000,000
Multi-Family Hsg. Rev. Rfdg.
(Garden Glen Apts.) Series
93,4.10%, VRDN
New York Erie County Ind. Dev. Auth. Ind. 760,000 760,000
Dev. Rev. (The Holling Press,
Inc.) Series 1989 F,4.10%, LOC
Marine Midland Bank, VRDN (AMT)
Texas Texas Gen. Oblig. TRAN Series A, 21,500,000 21,643,620
4.75% 8/31/98
TOTAL MUNICIPAL 39,101,800
NOTES
CASH EQUIVALENTS
Cash Equivalents Municipal Central Cash Fund 27,642,372 27,642,372
3.8690% 12/5/97
TOTAL INVESTMENTS $2,320,518,98
IN SECURITIES - 0
100%
FUTURES CONTRACTS UNDERLYING UNREALIZED
FACE
EXPIRATION DATE AMOUNT AT GAIN/ (LOSS)
VALUE
PURCHASED 137 Municipal Bond Future $ -
Contracts Dec. 97
PURCHASED 25 Municipal Bond Future Contracts -
Dec. 97
TOTAL FUTURES $ -
CONTRACTS
TOTAL COST OF $2,222,505,35
INVESTMENT 8
SECURITIES
SPARTAN MUNICIPAL FUND, SPARTAN SPARTAN
AGGRESSIVE MUNICIPAL FUND & AGGRESSIVE
SPARTAN INSURED MUNICIPAL INCOME
FUND
INVESTMENTS AT NOVEMBER 30, 1997 MUNICIPAL
(UNAUDITED) FUND
PRINCIPAL
AMOUNT VALUE ($)
MUNICIPAL BONDS
Alabama Alabama Bldg. Renovation Fin.
Auth. Rev. 7.45% 9/1/11
Alabama Alabama Mental Health Fin. Auth.
Spl. Tax 7.375% 5/1/09
(Pre-Refunded to 5/1/99 @ 102)
Alabama Cullman Med. Park South Med. 4,000,000 4,255,000
Clinic Board Rev. (Cullman Reg'l.
Med. Ctr.) Series A,6.50% 2/15/23
Alabama Huntsville Gen. Oblig. Rfdg.
Series D, 6% 8/1/08
Alabama Mobile Wtr. & Swr. Commissioners 500,000 542,500
Wtr. & Swr. Rev. Rfdg. 6.50%
1/1/09
Alaska Alaska Student Ln. Corp. Student
Ln. Rev. Series A, 5.90% 7/1/03
(AMBAC Insured)
Alaska Alaska Student Loan Corp. Student
Loan Rev. (State Assisted) Series
A, 6% 7/1/04(AMBAC Insured) (AMT)
Alaska Alaska Student Loan Corp. Student
Loan Rev. Series A, 5.55% 7/1/03
(AMBAC Insured) AMT
Alaska Alaska Student Loan Corp. Student
Loan Rev. Series A, 5.65% 7/1/04
(AMBAC Insured) AMT
Alaska Alaska Student Loan Corp. Student
Loan Rev. Series A, 7.30% 7/1/00
(AMBAC Insured) AMT
Alaska Alaska Student Loan Rev. Series A,
5.15% 7/1/05 (AMBAC Insured) (AMT)
Alaska North Slope Boro Alaska Series A,
0% 6/30/01 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig.
(Cap. Appreciation) Series A, 0%
6/30/01 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig.
(Cap. Appreciation) Series B, 0%
1/1/02 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig.
(Cap. Appreciation) Series B, 0%
1/1/03 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig.
(Cap. Appreciation) Series B, 0%
6/30/05 (Cap. Guaranty Insured)
Alaska North Slope Borough Gen. Oblig.
Series B, 7.50% 6/30/01 (FSA
Insured)
Alaska Valdez Marine Term. Rev. Rfdg. 7,000,000 7,113,750
(Mobil Oil Co./Alaska Pipeline)
5.75% 11/1/28
Arizona Arizona Trans. Board Excise Tax
Rev. Rfdg. (Maricopa County Reg'l.
Area B) 6% 7/01/05 (AMBAC Insured)
Arizona Arizona Trans. Board Excise Tax 500,000 541,875
Rev. Rfdg. (Maricopa County Reg'l.
Area) Series A, 6%7/1/03 (AMBAC
Insured)
Arizona Chandler 4.375% 7/1/12 (FGIC
Insured)
Arizona Chandler 7.375% 7/1/09, (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap.
Appreciation) 0% 7/1/05 (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap.
Appreciation) 0% 7/1/06 (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap.
Appreciation) 0% 7/1/07 (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap.
Appreciation) 0% 7/1/08 (FGIC
Insured)
Arizona Cochise County Ind. Dev. Auth. 2,500,000 2,640,625
Hosp. Rev. Rfdg. (Sierra Vista
Commty. Hosp. Proj.)Series A,
6.75% 12/1/26
Arizona Maricopa County Hosp. Rev. Rfdg. 500,000 510,000
(Sun Health Corp.) 5.40% 4/1/05
Arizona Maricopa County Hosp. Rev. Rfdg. 3,625,000 3,742,812
(Sun Health Corp.) 5.65% 4/1/06
Arizona Maricopa County Ind. Dev. Auth.
Hosp. Facs. Rev. Rfdg. (Samaritan
Health Svcs.)Series A, 7% 12/1/16
(MBIA Insured)
Arizona Maricopa County Series C, 8.90%
7/1/99
Arizona Phoenix Gen. Oblig. Rfdg. 6%
7/1/02
Arizona Pima Cnty. Unified School Dist.
Tucson Proj. of 1989 Series G, 8%
7/1/04 (MBIA Insured)
Arizona Pima County Ctfs. Prtn. 4.75%
1/1/04 (MBIA Insured)
Arizona Pima County Ctfs. Prtn. 4.90%
1/1/06 (MBIA Insured)
Arizona Sierra Vista Ind. Dev. Auth. Hosp. 4,000,000 4,307,000
Rev. Rfdg. (Sierra Vista Commty.
Hosp. Proj.)8.75% 12/1/16
(Pre-Refunded to 12/1/98 @ 103)
Arizona Tucson Ltd. Tax Rfdg. 7.50% 7/1/01
Arizona Tucson Wtr. Rev. Series D, 9.75%
7/1/07
Arizona Tucson Wtr. Rev. Series D, 9.75%
7/1/08
Arizona Tucson Wtr. Rev. Series D, 9.75%
7/1/09
Arkansas Arkansas Dev. Fin. Auth. Rev.
(Cap. Asset) Series B, 7.10%
3/1/08
Arkansas Arkansas Gen. Oblig. (College 2,130,000 1,498,988
Savings Prog.)(Cap. Appreciation)
Series C, 0% 6/1/05
Arkansas Arkansas State College Savings
(Cap. Appreciation) Series A, 0%
6/1/03
Arkansas Arkansas State College Savings
(Cap. Appreciation) Series A, 0%
6/1/04
Arkansas Little Rock Arpt. Passenger Facs. 2,025,000 2,133,844
Charge Rev. 5.65% 5/1/16 (AMBAC
Insured) (AMT)
Arkansas North Little Rock Elec. Rev. Rfdg.
Series A, 6.50% 7/1/10 (MBIA
Insured)
Arkansas Pulaski County Health Facs. Board
Rev. Rfdg. (Sisters Charity
Nazareth-St. VincentsInfirmary)
6.05% 11/1/09 (MBIA Insured)
Arkansas Rogers Sales & Use Tax Rev. 5%
11/1/15
California California Dept. Wtr. Resources 4,000,000 3,665,000
Central Valley Proj. Rev. (Wtr.
Sys.) Series O, 4.75% 12/1/25
California California Edl. Facs. Auth. Rev. 5,125,000 5,105,781
(Standford Univ.) Series N, 5.20%
12/1/27
California California Gen. Oblig. (Various
Purp.) 6.25% 10/1/19
California California Gen. Oblig. 4.75%
9/1/18 (FSA Insured)
California California Gen. Oblig. 5.125% 11,000,000 10,697,500
10/1/27
California California Gen. Oblig. 5.25%
10/1/13
California California Gen. Oblig. 5.25%
10/1/17
California California Gen. Oblig. 6.30%
9/1/10
California California Gen. Oblig. 7% 10/1/06
California California Gen. Oblig. 7% 10/1/09
California California Gen. Oblig. 7% 3/1/06 1,000,000 1,165,000
California California Gen. Oblig. 7% 8/1/04
California California Hsg. Fin. Agcy. Rev.
(Home Mtg. Single Family) (Cap.
Appreciation)Series 1983 A, 0%
2/1/15
California California Hsg. Fin. Agcy. Rev. 2,000,000 2,055,000
(Home Mtg.) Series B, 5.20% 8/1/26
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev.
(Home Mtg.) Series G, 5.90% 2/1/09
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev.
(Home Mtg.) Series G, 5.90% 8/1/09
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev. 1,500,000 1,578,750
(Home Mtg.) Series R, 6.15% 8/1/27
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev. 1,145,000 1,176,487
Rfdg. (Home Mtg.) Series A, 5.30%
8/1/14 (MBIA Insured)
California California Hsg. Fin. Agcy. Rev.
Rfdg. (Home Mtg.) Series A, 5.70%
8/1/16 (MBIA Insured)
California California Poll. Cont. Fing. Auth.
Resource Recovery Rev. (Waste
Mgmt., Inc.) Series A, 7.15%
2/1/11 (AMT)
California California Pub. Wks Board Lease
Rev. Rfdg. (Dept. of Corrections
State Prison, Montery County
Soledad II) Series D, 5.375%
11/1/13
California California Pub. Wks. Board Lease
Rev. (Commty. College Proj.)
Series A, 6% 10/1/14
California California Pub. Wks. Board Lease
Rev. (Dept. of Corrections State
Prison D-Susanville) 5.375% 6/1/18
California California Pub. Wks. Board Lease 3,750,000 3,839,062
Rev. (Dept. of Corrections State
Prison D-Susanville) Series A,
5.50% 1/1/14 (AMBAC Insured)
California California Pub. Wks. Board Lease 3,665,000 3,839,088
Rev. (Various California State
Univ. Projs.) Series A, 5.50%
6/1/14
California California Pub. Wks. Board Lease 3,750,000 3,754,687
Rev. (Various California Univ.
Proj.) Series A, 5.25% 12/1/13
California California Pub. Wks. Board Lease
Rev. Rfdg. (California Commty.
Colleges) Series D, 5.375% 3/1/12
California California Pub. Wks. Board Lease
Rev. Rfdg. (California Commty.
Colleges) Series D,5.375% 3/1/11
California California Pub. Wks. Board Lease
Rev. Rfdg. (Dept. of Corrections
State Prisons)Series A, 5% 12/1/19
(AMBAC Insured)
California California Pub. Wks. Board Lease
Rev. Rfdg. (State Archives Bldg.
Complex) Series A,5.375% 12/1/10
California California Pub. Wks. Board Lease
Rev. Rfdg. (Various California
State Univ. Projs.)Series A, 5.50%
6/1/10
California California Pub. Wks. Board Lease 5,755,000 5,906,069
Rev. Rfdg.(California Univ. Proj.)
Series A, 5.50% 10/1/13
California California Pub. Wrks Board Lease 1,155,000 1,296,488
Rev. (Various California Univ.
Proj.) Series A, 6.50% 9/1/05
California California Pub. Wrks. Board Lease 2,415,000 2,511,600
Rev. (Various Commty. College
Proj.) Series A, 5.50% 12/1/08
California California Rural Home Mtg. Fin.
Auth. Lease Rev. (Rural Lease
Purp.) Series A, 4.45%8/1/01 (MBIA
Insured)
California California St. Pub. Wks. Board
Lease Rev. (Secretary of State)
Series A, 6% 5/1/13
California California Statewide Commtys. Dev.
Corp. Ctfs. of Prtn. (J. Paul
Getty Trust) 5% 10/1/23
California California Univ. Rev. (Multiple
Purp. Projs.) Series D, 6.10%
9/1/10 (MBIA Insured)
California Castaic lake Wtr. Agcy. Ctfs. of
Prtn. Rfdg. (Wtr. Sys. Impt.
Proj.) Series A, 7.25%8/1/09 (MBIA
Insured)
California Compton Commty. Redev. Agcy. Rfdg.
(Tax Allocation-Campton Redev.)
Series A, 6.50%8/1/13 (FSA
Insured)
California Duarte Ctfs. of Prtn. (City of 6,500,000 6,808,750
Hope Med. Ctr.) 6.25% 4/1/23
California East Bay Muni. Util. Dist.
Wastewtr. Treatment Sys. Rev.
Rfdg. 4.75% 6/1/21 (FGICInsured)
California East Bay Muni. Util. Dist.
Wastewtr. Treatment Sys. Rev.
Rfdg. 4.75% 6/1/21 (FGICInsured)
California East Bay Muni. Util. Dist. Wtr.
Sys. Rev. Rfdg. 6.10% 6/1/07
California Encinitas Union School Dist. (Cap.
Appreciation) 0% 8/1/06 (MBIA
Insured)
California Encinitas Union School Dist. (Cap.
Appreciation) 0% 8/1/07 (MBIA
Insured)
California Encinitas Union School Dist. (Cap.
Appreciation) 0% 8/1/08 (MBIA
Insured)
California Encintas School Dist. 0% 8/1/05
(MBIA Insured)
California Foothill/Eastern Trans. Corridor 4,000,000 2,840,000
Agcy. Toll Rd. Rev. (Cap.
Appreciton) (Sr. Lien)Series A, 0%
1/1/08 (stepped coupon)
California La Quinta Redev. Agcy. Tax 470,000 582,213
Allocation Rfdg.(Redev. Proj. Area
#1) 7.30% 9/1/12 (MBIAInsured)
California Long Beach Harbor Rev. Refdg. 2,000,000 2,167,500
Series A, 6% 5/15/13 (FGIC
Insured)
California Long Beach Hbr. Rev. 5.125%
5/15/18 (AMT)
California Long Beach Hbr. Rev. 6% 5/15/06
(MBIA Insured) (AMT)
California Long Beach Hbr. Rev. 8% 5/15/04
(MBIA Insured) (AMT)
California Long Beach Hbr. Rev. 8.50% 5/15/03
(MBIA Insured) (AMT)
California Los Angeles County Metropolitan
Trans. Auth. Rev. Rfdg. (Gen.
Union Station) Series A,5.20%
7/1/12 (FSA Insured)
California Los Angeles County Metropolitan 2,245,000 2,374,088
Trans. Auth. Sales Tax Rev.
(Proposition A) 1st TierSr. Series
A, 5.90% 7/1/14 (MBIA Insured)
California Los Angeles County Metropolitan
Trans. Auth. Sales Tax Rev. Rfdg.
(Prop. A-2nd Tier)5.625% 7/1/13
(MBIA Insured)
California Los Angeles County Pub. Wks. Fing.
Auth. Lease Rev. (Multiple Cap.
Facs. Proj. #4)4.75% 2/1/10 (MBIA
Insured)
California Los Angeles County Trans.
Commission Sales Tax Rev.
(Proposistion C) Second Sr. Series
A, 6.25% 7/1/13 (MBIA Insured)
California Los Angeles Wastewtr. Sys. Rev. 8,330,000 7,642,775
Rfdg. Series D, 4.70% 11/1/17
(FGIC Insured)
California Los Angeles Wastewtr. Sys. Rev. 10,000,000 9,075,000
Rfdg. Series D, 4.70% 11/1/19
(FGIC Insured)
California M-S-R Pub. Pwr. Agcy. San Juan
Proj. Rev. Series E, 6.50% 7/1/05
(MBIA Insured)
California Madera County Ctfs. of Prtn. 1,000,000 1,106,250
(Valley Children's Hosp.) 6.25%
3/15/05 (MBIA Insured)
California Metro. Wtr. Dist. of Southern 18,430,000 17,761,912
California Wtrwks. Rev. Series A,
5% 7/1/26
California Metropolitan Wtr. Dist. Southern
California Wtrwks. Rev. Rfdg.
Series B, 4.75% 7/1/21(MBIA
Insured)
California Metropolitan Wtr. Dist. Southern
California Wtrwks. Rev. Series A,
5.75% 7/1/21 (MBIAInsured)
California Northern California Pwr. Agcy. 4,000,000 4,370,000
Pub. Pwr. Rev. Crossover Rfdg.
(Geothermal Proj. #3)Series A,
5.85% 7/1/10 (AMBAC Insured)
California Northern California Pwr. Agcy.
Pub. Pwr. Rev. Rfdg. (Geothermal
Proj. #3) Series A,5.80% 7/1/09
(AMBAC Insured)
California Oceanside Ctfs. of Prtn. Rfdg.
(Oceanside Civic Ctr. Proj.) 6%
8/1/08 (MBIA Insured)
California Pleasant Hill Joint Pwrs. Fing.
Auth. Lease Rev. (Cap. Impt.
Prog.) Series A, 5% 12/1/12 (MBIA
Insured)
California Sacramento City Fing. Auth. Lease
Rev. Rfdg. Series A, 5.375%
11/1/14 (AMBAC Insured)
California Sacramento Cogeneration Auth. 500,000 541,250
Cogeneration Proj. Rev. (Proctor &
Gamble Proj.) 6.50% 7/1/14
California Sacramento Cogeneration Auth. 1,200,000 1,348,500
Cogeneration Proj. Rev. (Proctor &
Gamble Proj.) 7% 7/1/04
California Sacramento Cogeneration Auth. 1,500,000 1,627,500
Cogeneration Proj. Rev. (Proctor &
Gamble Proj.)6.375% 7/1/10
California Sacramento Pwr. Auth. Cogeneration 1,000,000 1,108,750
Proj. Rev. 6.50% 7/1/07
California Sacramento Pwr. Auth. Cogeneration 2,200,000 2,392,500
Proj. Rev. 6.50% 7/1/09
California San Diego County Reg'l. Trans.
Commission Sales Tax Rev. Second
Sr. Series A, 6.25%4/1/02 (FGIC
Insured)
California San Francisco Bldg. Auth. Lease
Rev. (Dept. Gen. Svcs. Lease)
Series A, 5% 10/1/13
California San Francisco City & County Arpt.
Commission Int'l. Arpt. Rev. 2nd
Series Issue 10A,5.50% 5/1/13
(MBIA Insured) (AMT)
California San Francisco City & County Arpts.
Commission Int'l. Arpt. Rev. Rfdg.
Second Series Issue 1, 6.20%
5/1/05 (AMBAC Insured)
California San Francisco City & County Gen.
Oblig. Rfdg. Series 1, 5.50%
6/15/09 (FGIC Insured)
California San Francisco City & County Swr.
Rev. Rfdg. 5.90% 10/1/07 (AMBAC
Insured)
California San Francisco City & County Swr.
Rev. Rfdg.5.90% 10/1/08 (AMBAC
Insured)
California San Fransicso City & County Arpt.
Commission Int'l. Aprt. Rev. 2nd
Series Issue 10A,5.55% 5/1/14
(MBIA Insured) (AMT)
California San Fransisco City & County Arpts. 1,000,000 1,120,000
Commission Int'l. Arpt. Rev. Rfdg.
Second Series,Issue 2, 6.75%
5/1/13 (MBIA Insured)
California San Jaoquin Hills Trans. Corridor 4,200,000 3,512,250
Agcy. Toll Road Rev. Refdg. Series
A, 0% 1/15/02 (MBIA Insured)
California Santa Clara County Fing. Auth. 1,000,000 1,257,500
Lease Rev. (VMC Replacement Proj.)
Series A, 7.75%11/15/08 (AMBAC
Insured)
California Santa Margarita/Dana Point Auth. 1,045,000 1,278,819
Rev. (Impt. Dists. 1-2 & 2A-8)
Series A 7.25% 8/1/10(MBIA
Insured)
California Santa Margarita/Dana Point Auth.
Rev. Rfdg. (Impt. Dist. 3&3A,4&4A)
Series B, 7.25%8/1/08 (MBIA
Insured)
California Santa Rosa Wastewtr. Rev. Rfdg. &
Sub-Reg'l. Wastewtr. Proj. Series
A, 4.75% 9/1/16(FGIC Insured)
California South Orange County Pub. Fing.
Auth. Spl. Tax Rev. (Foothill
Area) Series C, 7.50%8/15/07 (FGIC
Insured)
California South Orange County Pub. Fing.
Auth. Spl. Tax Rev. (Foothill
Area) Series C, 8%8/15/08 (FGIC
Insured)
California South Orange County Pub. Fing.
Auth. Spl. Tax Rev. Rfdg. (Sr.
Lien) Series A, 7%9/1/11 (MBIA
Insured)
California Southern California Metro. Wtr.
Dist. Wtr. & Sewer Rev. Series A,
5% 7/1/30 (MBIA Insured)
California Southern California Pub. Pwr.
Auth. Pwr. Proj. Rev. Rfdg. (Mead
Adelanto Proj.) Series A, 4.875%
7/1/20 (AMBAC Insured)
California Southern California Pub. Pwr.
Auth. Pwr. Proj. Rev. Rfdg. (Mead
Phoenix Proj.)Series A, 4.875%
7/1/20 (AMBAC Insured)
California Upland Ctfs. of Prtn. Rfdg. (San
Antonio Commty. Hosp.) 5% 1/1/18
California Upland Ctfs. of Prtn. Rfdg. (San 4,000,000 4,055,000
Antonio Commty. Hosp.) 5.25%
1/1/08
California West & Central Basin Fin. Auth.
Series C 5.25% 8/1/08 (AMBAC
Insured)
California West & Central Basin Fin. Auth.
Series C, 5.20% 8/1/07 (AMBAC
Insured)
California West & Central Basin Fing. Auth. 3,000,000 2,955,000
Rev. (West Basin Rfdg. Proj.)
Series A, 5% 8/1/13(AMBAC Insured)
Colorado Adams County School Dist. #12
Thornton Unltd. Tax Rfdg. 6.20%
12/15/10 (FGIC Insured)
Colorado Arapahoe County Cap. Impt. Tr. 54,900,000 7,960,500
Fed. Hwy. Rev. (Cap. Appreciation)
Series E, 0%, 8/31/26(Pre-Refunded
to 8/31/05@ 20.8626
Colorado Arapahoe County Cap. Impt. Trust 7,000,000 2,362,500
Fund Hwy. Rev. Series C, 0%
8/31/15 (Pre-Refunded to8/31/05 @
48.618)
Colorado Aurora Gen. Oblig. Rfdg. 4.75%
11/1/14
Colorado Colorado Health Facs. Auth. Rev.
(Hosp. Sys.-Swedish Med. Ctr.)
Series A, 7.25%10/1/08
(Pre-Refunded to 10/1/00 @ 102)
Colorado Colorado Health Facs. Auth. Rev.
Rfdg. (Rocky Mountain Adventist)
6.25% 2/1/04
Colorado Colorado Health Facs. Auth. Rev. 6,600,000 7,020,750
Rfdg. (Rocky Mountain Adventist)
6.625% 2/1/13
Colorado Colorado Health Facs. Auth. Rev. 3,900,000 4,114,500
Rfdg. (Rocky Mountain Adventist)
6.625% 2/1/22
Colorado Colorado Springs Arpt. Rev. (Cap. 250,000 171,875
Appreciation) 0% 1/1/06 (MBIA
Insured)
Colorado Colorado Springs Arpt. Rev. (Cap.
Appreciation) Series C, 0% 1/1/02
(MBIA Insured)
Colorado Colorado Springs Arpt. Rev. (Cap.
Appreciation) Series C, 0% 1/1/04
(MBIA Insured)
Colorado Colorado Springs Arpt. Rev. (Cap.
Appreciation) Series C, 0% 1/1/09
(MBIA Insured)
Colorado Colorado Springs Arpt. Rev. (Cap.
Appreciation) Series C, 0% 1/1/10
(MBIA Insured)
Colorado Colorado Univ. Hosp. Auth. Hosp.
Rev. Series A, 6.25% 11/15/12
(AMBAC Insured)
Colorado Colorado Univ. Rev. (Research
Bldg. Revolving Fund) (Biomedical
Research Bldg. Proj.)7% 6/1/09
Colorado Denver City & County Arpt. Rev.
(Cap. Appreciation) Series A, 0%
11/15/02 (MBIA Insured) (AMT)
Colorado Denver City & County Arpt. Rev. 1,480,000 1,006,400
(Cap. Appreciation) Series A, 0%
11/15/05 (MBIA Insured)
Colorado Denver City & County Arpt. Rev.
(Cap. Appreciation) Series D, 0%
10/15/03 (MBIAInsured)
Colorado Denver City & County Arpt. Rev.
(Cap. Appreciation) Series D, 0%
11/15/04 (MBIAInsured)
Colorado Denver City & County Arpt. Rev.
(Cap. Appreciation) Series D, 0%
11/15/05 (MBIAInsured)
Colorado Denver City & County Arpt. Rev. 2,600,000 2,619,812
Rfdg. Series D, 5% 11/15/98 (AMT)
Colorado Denver City & County Arpt. Rev. 4,100,000 4,203,033
Series A, 6.90% 11/15/98 (AMT)
Colorado Denver City & County Arpt. Rev. 2,750,000 2,880,625
Series A, 7% 11/15/99 (AMT)
Colorado Denver City & County Arpt. Rev. 4,075,000 4,385,719
Series C, 6.50% 11/15/06 (AMT)
Colorado Denver City & County Arpt. Rev.
Series D, 7% 11/15/25
Colorado Denver City & County Arpt. Rev.
Series D, 7% 11/15/25
(Pre-Refunded 11/15/01 @ 100)
Colorado Denver City & County Arpt. Rev. 3,000,000 3,266,250
Series D, 7.40% 11/15/01 (AMT)
Colorado Denver City & County School Dist.
#1 Rfdg. (Cap. Appreciation)
Series A, 0% 12/1/08(MBIA Insured)
Colorado Highlands Ranch Metropolitan Dist.
#2 Rfdg. 5.50% 6/15/00 (FSA
Insured)
Colorado Highlands Ranch Metropolitan Dist.
#2 Rfdg. 6% 6/15/03 (FSA Insured)
Colorado Highlands Ranch Metropolitan Dist. 1,000,000 1,162,500
#2 Rfdg. 6.50% 6/15/10 (FSA
Insured)
Colorado Highlands Ranch Metropolitan Dist.
#2 Rfdg. 6.50% 6/15/12 (FSA
Insured)
Colorado Jefferson County Ctfs. of Prtn.
Rfdg. 6.65% 12/1/08 (MBIA Insured)
Colorado Jefferson County Single Family
Mtg. Rev. Rfdg. Series 1991-A,
8.875% 10/1/13 (MBIAInsured)
Connecticut Connecticut Health & Ed. Facs.
Auth. Rev. (St. Raphael Hosp.)
5.30% 7/1/10, (AMBAC Insured)
Connecticut Connecticut Health & Edl. Facs. 6,900,000 7,960,875
Auth. Rev. (New Britain Mem.
Hosp.) Series A, 7.75% 7/1/22
Connecticut Connecticut Health & Edl. Facs.
Auth. Rev. (New Britain Mem.
Hosp.) Series A, 7.50%7/1/06
Connecticut Connecticut Health & Edl. Facs. 1,000,000 1,021,250
Auth. Rev. Rfdg. (Quinnipiac
College) Series D, 6% 7/1/13
Connecticut Connecticut Health & Edl. Facs.
Auth. Rev. Rfdg. (St. Raphael
Hosp.) Series H, 5.25%7/1/12
(AMBAC Insured)
Connecticut Connecticut Hsg. Fin. Auth. Hsg. 190,000 202,588
Mtg. Fin. Prog. Sub-Series B-1,
6.50% 5/15/18
Connecticut Connecticut Resource Recovery
Auth. Rev. Rfdg. Series A, 5.375%
11/15/10 (MBIA Insured)
Connecticut Connecticut Spl. Tax Oblig. Rev.
6% 10/1/06 (MBIA Insured)
Connecticut Eastern Connecticut Resource 900,000 902,250
Recovery Auth. Solid Waste Rev.
(Wheelabrator LisbonProj.) Series
A, 5% 1/1/24 (AMT)
District of District of Columbia Gen. Oblig. 1,250,000 1,340,625
Columbia Rfdg. Series A, 5.875% 6/1/05
(AMBAC Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series A-1, 6% 6/1/11 (MBIA
Insured)
District of District of Columbia Gen. Oblig. 3,410,000 3,529,350
Columbia Rfdg. Series A-3, 5.30% 6/1/04
(AMBAC Insured)
District of District of Columbia Gen. Oblig. 2,910,000 3,033,675
Columbia Rfdg. Series A-3, 5.40% 6/1/05
(AMBAC Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series B-1, 5.40% 6/1/06
(AMBAC Insured)
District of District of Columbia Gen. Oblig. 5,000,000 5,181,250
Columbia Rfdg. Series B-3, 5.30% 6/1/05
(MBIA Insured)
District of District of Columbia Gen. Oblig. 2,170,000 2,240,525
Columbia Rfdg. Series C, 5.25% 12/1/03
(FGIC Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series D, 6% 6/1/05 (AMBAC
Insured)
District of District of Columbia Hosp. Rev. 2,870,000 3,142,650
Columbia (Hosp. for Sick Children) Series
A, 8.875% 1/1/21
District of District of Columbia Redev. Land
Columbia Agcy. Washington D.C. Sports Arena
Spl. Tax Rev.5.40% 11/1/00
District of District of Columbia Redev. Land 1,275,000 1,295,719
Columbia Agcy. Washington D.C. Sports Arena
Spl. Tax Rev.5.625% 11/1/10
District of District of Columbia Rev. Rfdg. 2,000,000 2,090,000
Columbia (Georgetown Univ.) Series A, 5.95%
4/1/14 (MBIAInsured)
District of District of Columbia Rev. Rfdg. 1,000,000 1,031,250
Columbia (Georgetown Univ.) Series A, 6%
4/1/18 (MBIA Insured)
District of Metropolitan Washington Arpt.
Columbia Auth. Gen. Arpt. Rev. Series A,
7.25% 10/1/10 (FGIC Insured) (AMT)
District of Washington D.C. Metropolitan Area
Columbia Trans. Auth. Gross Rev. Rfdg.
5.25% 7/1/14 (FGICInsured)
Florida Broward County Resource Recovery 3,195,000 3,474,562
Rev. (SES Broward Co. LP South
Proj.) 7.95% 12/1/08
Florida Dade County Aviation Rev. (Miami
Int'l Arpt.) Series B, 6% 10/1/24
(MBIA Insured)
Florida Dade County Seaport Rev. Rfdg.
Series 95, 6.20% 10/1/10 (MBIA
Insured)
Florida Florida Board of Ed. Cap. Outlay
Rfdg. (Pub. Ed.) Series D, 4.75%
6/1/17
Florida Florida Division Fin. Dept. Gen.
Svcs. Rev. (Dept. of Natural
Resources-Preservation2000) Series
A, 6.25% 7/1/10 (MBIA Insured)
Florida Florida Muni. Pwr. Agcy. Rev.
Rfdg. (Stanton II Proj.) 4.50%
10/1/16 (AMBAC Insured)
Florida Florida Muni. Pwr. Agcy. Rev. 2,300,000 2,024,000
Rfdg. (Stanton II Proj.) 4.50%
10/1/27 (AMBAC Insured)
Florida Jacksonville Elec. Auth. Rev. 6%
7/1/01 (Escrowed to Maturity)
Florida Jacksonville Elec. Auth. Rev.
Series 73, 6.80% 7/1/12 (Escrowed
to Maturity)
Florida Jacksonville Health Facs. Auth.
Ind. Dev. Rev. Rfdg. (Cypress
Village Proj.) (Nat'l.Benevolent
Assoc.) 7% 12/1/22
Florida Jacksonville Port Auth. Rev. Rfdg.
(Port Facs.) 5.75% 11/1/09 (MBIA
Insured) (AMT)
Florida Lakeland Elec. & Wtr. Rev. Rfdg.
(Jr. Sub-Lien) 6.50% 10/1/05 (FGIC
Insured)
Florida Orange County Tourist Dev. Tax
Rev. Rfdg. Series A, 6.50% 10/1/10
(AMBAC Insured)
Florida Orlando Util. Commission Wtr. &
Elec. Rev. Series B, 5.25% 10/1/23
Florida Pasco County Solid Waste Disp. &
Resource Recovery Sys. Rev. 6%
4/1/08 (AMBAC Insured) (AMT)
Florida Pasco County Solid Waste Disp. & 3,000,000 3,213,750
Resource Recovery Sys. Rev. 6%
4/1/09 (AMBAC Insured) (AMT)
Florida Tampa Cap. Impt. Prog. Rev. Series
A, 8.25% 10/1/18
Georgia Atlanta Downtown Dev. Auth. Rev.
Rfdg. (Underground Atlanta Proj.)
6.25% 10/1/12
Georgia Atlanta Downtown Dev. Auth. Rev.
Rfdg. (Underground Atlanta Proj.)
6.25% 10/1/16
Georgia Cobb County School Dist 6% 2/1/02 1,220,000 1,302,350
Georgia Fulton County School Dist. Rfdg.
6.375% 5/1/14
Georgia Georgia Gen. Oblig. Impt. Series
B, 7.20% 3/1/05
Georgia Georgia Gen. Oblig. Rfdg. Series
E, 6% 7/1/04
Georgia Georgia Gen. Oblig. Series B,
6.10% 3/1/05
Georgia Georgia Gen. Oblig. Series B,
6.25% 4/1/03
Georgia Georgia Muni. Elec. Pwr. Auth. 2,000,000 2,080,000
Pwr. Rev. Rfdg. Series Z, 5.50%
1/1/12
Georgia Georgia Residential Fin. Auth.
Home Ownership Mtg. (Cap.
Appreciation) Series 1984 B,0%
12/1/15
Hawaii Hawaii Arpts. Sys. Rev. 2nd
Series, 7.50% 7/1/20 (FGIC
Insured)*
Hawaii Hawaii Gen. Oblig. Series CM, 5%
12/1/00 (FGIC Insured)
Hawaii Hawaii Gen. Oblig. Series CM,
5.50% 12/1/02 (FGIC Insured)
Hawaii Hawaii Hsg. Fin. & Dev. Corp. 1,500,000 1,515,000
Single Family Mtg. Rev. Series A,
4.90% 7/1/28 (AMT)
Hawaii Honolulu Hawaii City and County
Rfdg. Series C, 5.50% 11/01/04
(FGIC Insured)
Idaho Boise Urban Renewal Parking Agcy.
Rev. (Tax Increment) Series A, B,
C, 8.125% 9/1/15
Idaho Idaho Falls Elec. Rfdg. 0% 4/1/07,
(FGIC Insured)
Idaho Idaho Falls Rfdg. Elec. 0% 4/1/06
(FGIC Insured)
Idaho Idaho Falls Rfdg. Elec. 0% 4/1/13
(FGIC Insured)
Idaho Idaho Housing Agcy. Single Family
Mtg. Series 1991 B, 7.50% 7/1/24
Illinois Chicago Board of Ed. (Chicago
School Reform) 6.25% 12/1/09 (MBIA
Insured)
Illinois Chicago Board of Ed. (Chicago
School Reform) 6.25% 12/1/11 (MBIA
Insured)
Illinois Chicago Gen. Oblig. Rfdg. Series
A-2, 5.25% 1/1/01 (AMBAC Insured)
Illinois Chicago Gen. Oblig. Rfdg. Series
A-2, 6.25% 1/1/15 (AMBAC Insured)
Illinois Chicago Gen. Oblig. Rfdg. Series
B, 5% 1/1/11 (AMBAC Insured)
Illinois Chicago Ill FGIC Rfdg. Series B,
5.125% 1/1/15 (AMBAC Insured)
Illinois Chicago Midway Arpt. Rev. Series
B, 5.25% 1/1/13 (MBIA Insured)
(AMT)
Illinois Chicago Midway Arpt. Rev. Series
B, 5.25% 1/1/14 (MBIA Insured)
(AMT)
Illinois Chicago Midway Arpt. Rev. Series 1,360,000 1,456,900
B, 6% 1/1/05 (MBIA Insured) (AMT)
Illinois Chicago Midway Arpt. Rev. Series
B, 6% 1/1/08 (MBIA Insured) (AMT)
Illinois Chicago Midway Arpt. Rev. Series
B, 6% 1/1/10 (MBIA Insured) (AMT)
Illinois Chicago Midway Arpt. Rev. Series
B, 6.125% 1/1/11 (MBIA Insured)
(AMT)
Illinois Chicago Motor Fuel Tax Rev. Rfdg.
Series A, 5.375% 1/1/14 (AMBAC
Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev. 4,500,000 4,702,500
(Passenger Facs. Charge) Series A,
5.60% 1/1/10 (AMBAC Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev.
Rfdg. (Gen. Arpt. 2nd Lien) Series
A, 5.50% 1/1/16(AMBAC Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev. 5,250,000 5,768,438
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.25% 1/1/08 (MBIA
Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev. 6,730,000 7,386,175
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.25% 1/1/09
(AMBAC Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev.
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.375% 1/1/12
(MBIA Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev. 2,300,000 2,501,250
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.375% 1/1/15
(MBIA Insured)
Illinois Chicago O'Hare Int'l. Arpt. Spl. 4,720,000 5,203,800
Facs. Rev. (American Airlines,
Inc. Proj.) Series A, 7.875%
11/1/25 (AMT)
Illinois Chicago O'Hare Int'l. Arpt. Spl.
Facs. Rev. (United Airlines, Inc.)
8.25% 5/1/99 (AMT)
Illinois Chicago O'Hare Int'l. Arpt. Spl.
facs. Rev. Rfdg. (Int'l. Term.)
Series A, 7.50%1/1/17 (AMT)
Illinois Chicago Park Dist. Rfdg. 6.25%
1/1/09 (FGIC Insured)
Illinois Chicago Residential Mtg. Rev.
Rfdg. (Cap. Appreciation) Series
B, 0% 10/1/09 (MBIAInsured)
Illinois Chicago Wtr. Rev. 0% 11/1/01 (FGIC
Insured)
Illinois Cooke & Will Counties Township 2,350,000 1,788,937
High School Dist. #206 (Cap.
Appreciation) Series A,0% 12/1/03
(AMBAC Insured) (Escrowed to
Maturity)
Illinois DeKalb Single Family Mtg. Rev.
7.45% 12/1/09, (GNMA Coll.)*
Illinois Illinois Dev. Fin. Auth. Poll. 7,000,000 7,857,500
Cont. Rev. Rfdg. (Commerce Edison
Co. Proj.) Series D,6.75% 3/1/15
(AMBAC Insured)
Illinois Illinois Health Facs. Auth. Rev. 3,415,000 3,952,862
(GlenOaks Med. Ctr.) Series D,
9.50% 11/15/15 (Escrowed to
Maturity)
Illinois Illinois Health Facs. Auth. Rev.
(Mem. Hosp.) 6.875% 5/1/00
Illinois Illinois Health Facs. Auth. Rev.
(Mem. Hosp.) 7.125% 5/1/10
Illinois Illinois Health Facs. Auth. Rev.
Rfdg. (Lutheran Gen. Health Care
Sys.) Series C, 6%4/1/18
Illinois Illinois Health Facs. Auth. Rev.
Rfdg. (Lutheran Gen. Health Care
Sys.) Series C, 7%4/1/14
Illinois Illinois Health Facs. Auth. Rev.
Rfdg. (OSF Healthcare Sys.) 6%
11/15/13
Illinois Illinois Health Facs. Auth. Rev.
Rfdg. (Swedish American Hosp.)
5.375% 11/15/13 (AMBAC Insured)
Illinois Illinois Reg'l. Trans. Auth.
Series C, 7.75% 6/1/13 (FGIC
Insured)
Illinois Illinois Toll Hwy. Auth. Toll Hwy.
Rev. Rfdg. Series A, 6% 1/1/09
(FGIC Insured)
Illinois Lake County Forest Preserve Dist.
Unltd. Tax (Cap. Appreciation) 0%
12/1/07
Illinois Lake County Forest Preserve Dist.
Unltd. Tax (Cap. Appreciation) 0%
12/1/08
Illinois Metropolitan Pier & Exposition 7,155,000 4,284,056
Auth. Dedicated Tax Rev.
(McCormick Place Expansion Proj.)
(Cap. Appreciation) Series A, 0%
6/15/08 (MBIA Insured)
Illinois Metropolitan Pier & Exposition 4,000,000 2,395,000
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
(Cap. Appreciation) Series A, 0%
6/15/08 (FGIC Insured)
Illinois Metropolitan Pier & Exposition 5,000,000 2,818,750
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
(Cap. Appreciation) Series A, 0%
6/15/09 (FGIC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
(Cap. Appreciation) Series A, 0%
6/15/10 (FGIC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
Series A, 6.50% 6/15/07 (FGIC
Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Plain Expansion Proj.)
(Cap. Appreciation) Series A, 0%
6/15/12 (FGIC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Plane ExpansionProj.)
(Cap. Appreciatiion) Series A, 0%
6/15/12 (FGIC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev. 0%
6/15/00 (AMBAC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev. Refdg.
(McCormick PlaceExpansion Proj.)
Series A, 5.25% 12/15/10
Illinois Northern Univ. Rev. Auxiliary
Facs. Sys. Rfdg. 6% 4/1/02 (FGIC
Insured)
Indiana Indiana Bond Bank Rev. (State 500,000 573,750
Revolving Fund Prog.) Series A, 7%
2/1/05
Indiana Indiana Health Facs. Fing. Auth.
Hosp. Rev. Rfdg. (Columbus Reg'l.
Hosp.) 7% 8/15/15(FSA Insured)
Indiana Indiana Health Facs. Fing. Auth. 4,000,000 4,035,000
Hosp. Rev.Rfdg. (Clarian Health
Partners, Inc.) Series A, 5.50%
2/15/16
Indiana Indiana Muni. Pwr. Agcy. Pwr.
Suppply Sys. Rev. Rfdg. Series B,
5.50% 1/1/16 (MBIAInsured)
Indiana Indianapolis Arpt. Auth. Rev.
Rfdg. Series A, 5.60% 7/1/15 (FGIC
Insured)
Indiana Indianapolis Econ. Dev. Rev. Rfdg.
& Impt. (Nat'l. Benevolent Assoc.)
7.625% 10/1/22
Indiana Indianapolis Resource Recovery
Rev. Rfdg. (Ogden Martin Sys. Inc.
Proj.) 6.75% 12/1/06(AMBAC
Insured)
Indiana Jasper County Poll. Cont. Rev.
Rfdg. (Northern Indiana Pub. Svc.)
7.10% 7/1/17 (MBIAInsured)
Kansas Butler County Solid Wste Disposal 3,400,000 3,400,000
Facs Series 1994, 3.45% 8/1/24
Kansas Johnson County Unified School Dist
#512 (Shawnee Mission) 8% 10/1/04
Kansas Johnson County Unified School
Dist. #512 (Shawnee Mission) 8%
10/1/03
Kansas Johnson County Unified School
Dist. #512 (Shawnee Mission) 8%
10/1/05
Kansas Kansas City Util. Sys. Rev. (Cap.
Appreciation) 0% 9/1/10 (AMBAC
Insured)
Kansas Kansas City Util. Sys. Rev. (Cap.
Appreciation) 0% 9/1/10 (AMBAC
Insured) (Escrowed to Maturity)
Kansas Kansas Dept. Trans. Hwy. Rev.
7.25% 3/1/05
Kansas Kansas Tpk. Auth. Tpk. Rev. Rfdg. 2,000,000 2,055,000
(Toll Roads, Bridges & Mass
Transit Proj.) 5.25% 9/1/01 (AMBAC
Insured)
Kansas Kansas Tpk. Auth. Tpk. Rev. Rfdg.
(Toll Roads, Bridges & Mass
Transit Proj.) 5.25% 9/102 (AMBAC
Insured)
Kansas Reno County Mtg. Rev. Rfdg.
(Single Family) Series B, 8.70%
9/1/11
Kansas Wichita Hosp. Rev. Series III-A,
6.465% 10/20/17 (MBIA Insured)
Kentucky Jefferson County Cap. Projs. Corp.
Rev. (Muni. Multiple Rfdg. Lease)
Series A, 0%8/15/11
Kentucky Jefferson County Hosp. Rev.
(Alliant Health Sys. Proj.) 6.367%
10/9/08 (FGIC Insured)
Kentucky Kenton County Arpt. Board Arpt. 5,100,000 5,654,625
Rev. Rfdg. (Spl. Facs. Delta
Airlines, Inc. Proj.) Series A,
7.50% 2/1/20 (AMT)
Kentucky Kenton County Arpt. Board Arpt. 1,480,000 1,559,550
Rev. Rfdg. (Cincinnati/Northern
Kentucky Int'l. Arpt.)Series A,
5.65% 3/1/04 (MBIA Insured) (AMT)
Kentucky Kentucky Tpk. Auth. Econ. Dev.
Road Rev. Rfdg. (Revitalization
Proj.) 5.50% 7/1/09(AMBAC Insured)
Kentucky Kentucky Tpk. Auth. Econ. Dev.
Road Rev. Rfdg. (Revitalization)
(Cap. Appreciation) 0% 1/1/02
(FGIC Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev.
Rfdg. Series B, 0% 1/1/08, (AMBAC
Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev.
Series B, 0% 1/1/07 (AMBAC
Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev. 2,000,000 1,160,000
Series B, 0% 1/1/09 (AMBAC
Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev. 4,440,000 2,419,800
Series B, 0% 1/1/10 (AMBAC
Insured)
Louisiana Louisiana Gen. Oblig. Rfdg. Series 1,000,000 1,070,000
A 6.0% 8/1/02 (FGIC Insured)
Louisiana Louisiana Gen. Oblig. Series A, 4,000,000 4,460,000
6.75% 5/15/03 (MBIA Insured)
Louisiana Louisiana Gen. Oblig. Series A,
6.75% 5/15/04, (MBIA Insured)
Louisiana Louisianna Offshore Term Auth.
Series B, 7.60% 9/1/10
Louisiana Lousianna Offshore Term Auth.
Series E, 7.60% 9/1/10
(Pre-Refunded 9/1/00 @ 102)
Louisiana Monroe-West Monroe Pub. Trust
Fing. Auth. Mtg. Rev. Rfdg. (Cap.
Appreciation) Series C, 0% 8/20/14
Louisiana New Orleans Gen. Oblig. Rfdg.
(Cap. Appreciation) 0% 9/1/09
(AMBAC Insured)
Louisiana New Orleans Pub. Impt. Unltd. Tax
7% 9/1/19 (FGIC Insured)
(Pre-Refunded to 9/1/02 @100)
Louisiana St. John Baptist Parish Sales Tax
Dist. Rfdg. Series 1989-ST, 7.80%
12/1/14
Maryland Baltimore Consolidated Pub. Impt. 1,545,000 1,809,581
Rfdg. Series A, 7.25% 10/15/04
(FGIC Insured)
Maryland Baltimore Consolidated Pub. Impt.
Series A, 7.25% 10/15/05 (FGIC
Insured)
Maryland Howard County Mtg. Rev.
(Heartlands Elderly Apts. Proj.)
8.875% 12/1/10 (MBIA Insured) (FHA
Guaranteed)
Maryland Maryland Commmty. Dev. Admin.
Dept. of Hsg. & Commty. Dev.
(Single Family Housing) Series B,
5.05% 9/1/19
Maryland Maryland Health & Higher Edl.
Facs. Auth. REv. Refdg. (John
Hopkins Univ.) 5.25% 7/1/17
Maryland Maryland Health & Higher Edl. 2,500,000 2,437,500
Facs. Auth. Rev. Rfdg. (Johns
Hopkins Univ.) 5.125% 7/1/20
Maryland Maryland Health & Higher Edl.
Facs. Auth. Rev. Rfdg. (Johns
Hopkins Univ.) 5.25% 7/1/19
Maryland Montgomery County Gen. Oblig.
Rfdg. (Consolidated Pub. Impt.)
Series A, 5.60% 7/1/04
Maryland Prince George's County Solid Waste
Mgmt. Sys. Rev. Rfdg. 5.25%
6/15/13 (FSA Insured)
Massachusetts Boston Gen. Oblig. Series A,
4.875% 9/1/09 (FSA Insured)
Massachusetts Boston Gen. Oblig. Series A,
4.875% 9/1/11 (FSA Insured)
Massachusetts Boston Metropolitan Dist. Gen.
Oblig. Rfdg. 8% 12/1/03 (MBIA
Insured)
Massachusetts Boston Rev. (Boston City Hosp.) 2,750,000 3,042,187
Series A, 7.625% 2/15/21 (FHA
Guaranteed) (Pre-Refunded to
8/15/00 @ 102)
Massachusetts Boston Rev. Rfdg. (Boston City
Hosp.) 7.15% 8/15/01 (FHA
Guaranteed) (Pre-Refunded
to8/15/00 @ 102)
Massachusetts Haverhill Gen. Oblig. Rfdg. Series
A, 6.70% 9/1/10 (AMBAC Insured)
Massachusetts Holyoke Gen. Oblig. Ltd. Tax 8.15%
6/15/06 (MBIA Insured)
(Pre-Refunded to 6/15/02 &103)
Massachusetts Massachusetts Bay Trans. Auth.
Rfdg. (Gen. Trans. Sys.) Series A,
5.50% 3/1/12
Massachusetts Massachusetts Bay Trans. Auth. 3,800,000 4,260,750
Rfdg. (Gen. Trans. Sys.) Series B,
6.20% 3/1/16
Massachusetts Massachusetts Ed. Loan Auth. Ed.
Loan Rev. Rfdg. Issue E Series B,
6.05% 7/1/08 (AMBACInsured) (AMT)
Massachusetts Massachusetts Ed. Loan Auth. Ed.
Loan Rev. Rfdg. Issue E Series B,
6.15% 7/1/10 (AMBAC Insured) (AMT)
Massachusetts Massachusetts Ed. Loan Auth. Ed.
Loan Rev. Rfdg. Issue E Series B,
6.25% 7/1/11 (AMBAC Insured) (AMT)
Massachusetts Massachusetts Ed. Loan Auth. Ed.
Loan Rev. Rfdg. Issue E Series B,
6.30% 7/1/12 (AMBAC Insured) (AMT)
Massachusetts Massachusetts Edl. Loan Auth.
(Edl. Loan Rev) Issue E, Series B
5.85% 7/1/06 (AMBAC Insured)
Massachusetts Massachusetts Edl. Loan Auth.
(Edl. Loan Rev.) Issue E, Series
B, 5.75% 7/1/05 (AMBACInsured)
Massachusetts Massachusetts Educational Laoan
Auth. (Edl.Loan Rev.) Issue E
Series B, 5.95% 7/1/07 (AMBAC
Insured)
Massachusetts Massachusetts Gen. Oblig.
Consolidated Loan Series A, 5%
1/1/12
Massachusetts Massachusetts Gen. Oblig.
Consolidated LoanSeries A, 6%
6/1/11 (Pre-Refunded to
6/1/01@100)
Massachusetts Massachusetts Gen. Oblig.
Consolidated LoanSeries C, 5.375%
9/1/14 (MBIA Insured)
Massachusetts Massachusetts Gen. Oblig. Rfdg. 9,000,000 9,270,000
Series A, 5.50% 2/1/11 (MBIA
Insured)
Massachusetts Massachusetts Gen. Oblig. Rfdg.
Series A, 6.25% 7/1/03
Massachusetts Massachusetts Gen. Oblig. Rfdg. 3,505,000 3,855,500
Series A, 6.25% 7/1/04
Massachusetts Massachusetts Health & Edl. Facs. 13,000,000 15,535,000
Auth. Rev. (1st. Mtg.) (Fairview
Extended Care)Series A, 10.25%
1/1/21 (Pre-Refunded to 1/1/01 @
103)
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. (Bentley College)
Series H, 6.90% 7/1/21(MBIA
Insured)
Massachusetts Massachusetts Health & Edl. Facs. 1,000,000 998,750
Auth. Rev. (New England Med. Ctr.
Hosp.) Series G,5.375% 7/1/24
(MBIA Insured)
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. (Northeastern Univ.)
Series B, 7.60%10/1/10 (AMBAC
Insured)
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. Rfdg. (Baystate Med.
Ctr.) Series D, 5%7/1/12 (FGIC
Insured)
Massachusetts Massachusetts Health & Edl. Facs. 5,100,000 5,100,000
Auth. Rev. Rfdg. (Fairview
Extended Care) Series B,4.55%
7/14/02 (MBIA Insured) LOC
BankBoston N.A.
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. Rfdg. (Harvard Univ.)
Series P, 6.50%11/1/03
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. Rfdg. (Massachusetts
Gen. Hosp.) Series F , 6.25%
7/1/12 (AMBAC Insured)
Massachusetts Massachusetts Hsg. Fin. Agcy. Hsg. 2,500,000 2,693,750
Rev. Rfdg. (Rental) Series A,
6.60% 7/1/14(AMBAC Insured) (AMT)
Massachusetts Massachusetts Hsg. Fin. Agcy. Hsg.
Rev. Rfdg. (Rental) Series A,
6.65% 7/1/19 (AMBACInsured) (AMT)
Massachusetts Massachusetts Ind. Fin. Agcy. Ind. 3,985,000 4,506,278
Rev. (Union Mission Proj.) 9.55%
9/1/26(FHA Guaranteed)
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/04
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 4,000,000 2,625,000
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/06
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 6,000,000 3,285,000
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/09
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/10
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 6,300,000 4,851,000
(Cap. Appreciation) (Massachusetts
BiomedicalResearch) Series A-2, 0%
8/1/03
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 290,000 301,963
(Massachusetts Biomedical
Research) Series A-1,7.10% 8/1/99
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 3,200,000 3,420,000
Rfdg. (Atlanticare Med. Ctr.)
Series A, 10.125%11/1/14
Massachusetts Massachusetts Ind. Fin. Agcy. Rev. 10,000,000 11,062,500
Rfdg. (Emerson College) Series A,
8.90% 1/1/18
Massachusetts Massachusetts Muni. Wholesale
Elec. Co. Pwr. Supply Sys. Rev.
Rfdg. 5% 7/1/10 (AMBACInsured)
Massachusetts Massachusetts Muni. Wholesale 1,300,000 1,371,500
Elec. Co. Pwr. Supply Sys. Rev.
Series D, 6% 7/1/06
Massachusetts Massachusetts Tpk. Auth.
Metropolitan Hwy. Sys. Rev. Series
A, 5% 1/1/27 (MBIA Insured)
Massachusetts Massachusetts Tpk. Auth. 1,500,000 1,471,875
Metropolitan Hwy. Sys. Rev. Series
A, 5.125% 1/1/23 (MBIA Insured)
Massachusetts Massachusetts Tpk. Auth. 6,215,000 6,215,000
Metropolitan Hwy. Sys. Rev. Series
B, 5.25% 1/1/17 (MBIA Insured)
Massachusetts Massachusetts Tpk. Auth. Western
Tpk. Rev. Series A, 5.55% 01/1/17
(MBIA Insured)
Massachusetts New England Ed. Loan Marketing
Corp. Rev. Rfdg. (Student Loan)
Series A, 5.70% 7/1/05(AMT)
Massachusetts New England Ed. Loan Marketing
Corp. Rev. Rfdg. (Student Loan)
Series B, 5.40% 6/1/00
Massachusetts New England Ed. Loan Marketing
Corp. Rev. Rfdg. (Student Loan)
Series G, 5% 8/1/00
Massachusetts New England Ed. Loan Marketing
Corp. Rev. Rfdg. (Student Loan)
Series G, 5.20% 8/1/02
Massachusetts Palmer Gen. Oblig. Rfdg. 5.50%
10/1/10 (MBIA Insured)
Michigan Detroit Convention Facs. Rev. 1,000,000 1,003,750
Rfdg. (Cobo Hall Expansion Proj.)
5.25% 9/30/12
Michigan Detroit Hosp. Fin. Auth. Hosp. 5,930,000 1,067,400
Facs. Rev. Rfdg. (Michigan Health
Care Corp. Proj.) 0%12/1/20
Michigan Flint Hosp. Bldg. Auth. Rev. 4,750,000 5,159,688
(Hurley Med. Ctr.) 7.80% 7/1/14
Michigan Flint Michigan Hosp. Bldg. Auth. 500,000 521,250
Rev. Rfdg. (Hurley Med. Ctr.)
Series A, 6% 7/1/06
Michigan Highland Park Hosp. Fin. Auth. 9,330,000 23,325
Hosp. Facs. Rev. (Lakeside Commty.
Hosp. Proj.) 0% 3/1/20
Michigan Highland Park Hosp. Fin. Auth. 7,350,000 1,323,000
Hosp. Facs. Rev. 9.875% 12/1/19
Michigan Jackson County Hosp. Fin. Auth.
Hosp. Rev. Rfdg. (W.A. Foote Mem.
Hosp.) Series A,4.75% 6/1/15 (FGIC
Insured)
Michigan Michigan Bldg. Auth. Rev. Series
II, 6.25% 10/1/20 (MBIA Insured)
Michigan Michigan Hosp. Fin. Auth. Rev.
Rfdg. (Bay Med. Ctr.) Series A,
8.25% 7/1/12
Michigan Michigan Hosp. Fin. Auth. Rev.
Rfdg. (Sisters of Mercy Health
Corp.) 5.375% 8/15/14(MBIA
Insured)
Michigan Michigan Hsg. Dev. Auth. Single
Family Mtg. Rev. Series A, 7.50%
6/1/15
Michigan Michigan Hsg. Dev. Auth. Single
Family Mtg. Rev. Series A, 7.70%
12/1/16
Michigan Michigan Strategic Fund Ltd. 11,400,000 12,882,000
Oblig. Rev. (Mercy Svcs. for Aging
Proj.) 9.40% 5/15/20(Pre-Refunded
to 5/15/00 @ 102)
Michigan Michigan Univ. Rev. Rfdg. (Univ.
Hosp. Proj.) Series A, 5.75%
12/1/12
Michigan Royal Oak Hosp. Fin. Auth. Hosp.
Rev. Rfdg. (William Beaumont
Hosp.) 5.50% 1/1/14
Michigan Royal Oak Hosp. Fin. Auth. Rev. 400,000 444,500
Rfdg. (William Beaumont Hosp.)
6.25% 1/1/09
Michigan Tawas City Hosp. Fin. Auth. Hosp. 385,000 395,695
Rev. (St. Joseph Hosp. Proj.)
Series A, 8.50%3/15/12
Michigan Western Townships Util. Auth. Swr.
Disp. Sys. Ltd. Tax 8.20% 1/1/18
Michigan Western Townships Util. Auth. Swr.
Disp. Sys. Rfdg. (Cap.
Appreciation) 0% 1/1/05
(FSAInsured)
Minnesota Centennial Independant School
Dist. #12 Rfdg. Series B, 4.875%
2/1/12 (FGIC Insured)
Minnesota Maplewood Health Care Facs. Rev.
(Healtheast Proj.) 5.80% 11/15/03
Minnesota Minneapolis & St. Paul Hsg. & 4,500,000 4,224,375
Redev. Auth. Health Care Sys. Rev.
Rfdg. (HealthspanHealth Sys.
Corp.) Series A, 4.75% 11/15/18
(AMBAC Insured)
Minnesota Minneapolis Gen. Oblig. (Cap.
Appreciation) Series B, 0% 12/1/03
Minnesota Minnesota Hsg. Fin. Agcy. (Single
Family Mtg.) Series B, 5.80%
7/1/25 (AMT)
Minnesota Minnesota Univ. Rfdg. 4.80%
8/15/03
Minnesota Northern Muni. Pwr. Agcy. Elec.
Sys. Rev. Rfdg. Series A, 7.25%
1/1/16
Minnesota Rochester Health Care Facs. Rev.
Rfdg. (Mayo Foundation/Mayo Med.
Ctr.) Series I,5.90% 11/15/09
Minnesota Rochester Health Care Facs. Rev.
Rfdg. (Mayo Foundation/Myao Med.
Ctr.) Series I,5.90% 11/15/10
Minnesota St. Cloud Hosp. Facs. Auth. Rev.
Rfdg. (St. Cloud Hosp. Proj.)
Series C, 5.25% 10/1/13(AMBAC
Insured)
Minnesota St. Paul Hgs. & Redevelopment 1,000,000 1,022,500
Auth. Hosp. Rev. Series B, 9.75%
11/1/17
Minnesota Western Minnesota Muni. Pwr. Agcy.
Pwr. Supply Rev. Series B, 6%
1/1/04 (AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr. Agcy. 500,000 560,625
Rev. Rfdg. Series A, 6.25% 1/1/06
(AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr. Agcy. 500,000 500,000
Wtr. Supply Rev. Rfdg. Series A,
5.50% 1/1/10 (AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr. Agcy.
Wtr. Supply Rev. Rfdg. Series A,
5.50% 1/1/11 (AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr.
Agncy. Pwr. Supply Rev. Rfdg.
Series A, 5.50% 1/1/12 (AMBAC
Insured)
Mississippi Hinds County Ctfs. of Prtn. (Hinds
County Welfare Dept. Proj.) 7.75%
3/1/09(Pre-Refunded to 3/1/99 @
102)
Mississippi Hinds County Rev. Rfdg.
(Mississipi Methodist Hosp. &
Rehabilitation) 5.60% 5/1/12(AMBAC
Insured)
Mississippi Mississippi Home Corp. Single
Family Rev. Rfdg. Series 1990-A,
9.25% 3/1/12 (FGICInsured)
Missouri Boone County Ind. Dev. Auth. Ind. 2,175,000 2,593,688
Rev. (1st. Mtg.) (Fairview
Extended Care) Series A, 10.125%
1/1/11 (Pre-Refunded to 1/1/01 @
103)
Montana Montana Board of Investment
Payroll Tax (Workers Compensation)
6.875% 6/1/20 (MBIA Insured)
(Escrowed to Maturity)
Montana Montana Board of Investment
Payroll Tax (Workers Compensation)
6.875% 6/1/20 (MBIA Insured)
(Escrowed to Maturity)
Montana Montana Board of Investment
Payroll Tax (Workers Compensation)
6.875% 6/1/20 (MBIA Insured)
(Escrowed to Maturity)
Montana Montana Board of Investment
Payroll Tax (Workers Compensation)
Series 1991, 6.875% 6/1/11(MBIA
Insured) (Escrowed to Maturity)
Montana Montana Coal Severance Tax Rfdg.
(Broadwater Pwr. Proj.) Series A,
6.875% 12/1/11*
Nebraska Douglas County Hosp. Auth. #1 Rev.
Rfdg. (Immanuel Med. Ctr., Inc.)
6.90% 9/1/11(AMBAC Insured)
Nebraska Nebraska Pub. Pwr. Dist. Rev. 1,500,000 1,606,875
(Elec. Sys.) Series A, 6% 1/1/06
Nebraska Nebraska Pub. Pwr. Dist. Rev.
Rfdg. (Pwr. Supply Sys.) Series B,
5.25% 1/1/13 (MBIAInsured)
Nebraska Nebraska Pub. Pwr. Dist. Rev.
Rfdg. (Pwr. Supply Sys.) Series C,
5% 1/1/10 (MBIA Insured)
Nebraska Nebraska Pub. Pwr. Dist. Rev. 10,000,000 9,525,000
Rfdg. (Pwr. Supply Sys.) Series C,
5% 1/1/17
Nebraska Scotts Bluff County Hosp. Auth. #1
Hosp. Rev. Rfdg. (Reg'l. West Med.
Ctr. Proj.)6.45% 12/15/04
Nevada Las Vegas Downtown Redev. Agcy. 500,000 516,875
Tax Increment Rev. (Sub. Lien
Fremont State Proj.)Series A,
6.10% 6/15/14
New Hampshire New Hampshire Higher Edl. & Health 3,470,000 4,285,450
Facs. Auth. Rev. (1st. Mtg.
Riverwoods at Exeter)9% 3/1/23
(Pre-Refunded to 3/1/03 @ 103)
New Hampshire New Hampshire Higher Edl. & Health 3,595,000 3,851,144
Facs. Auth. Rev. (Littleton Hosp.
Assoc., Inc.)Series A, 9.50%
5/1/20
New Hampshire New Hampshire Tpk. Sys. Rev. Rfdg.
Series A, 7% 11/1/06 (FGIC
Insured)
New Jersey Camden County Muni. Util. Auth.
Swr. Rev. Rfdg. 6% 7/15/06 (FGIC
Insured)
New Jersey New Jersey Econ. Dev. Auth. Econ. 3,500,000 3,625,965
Dev. Rev. Rfdg. (Stolt Term.
Proj.) 10.50% 1/15/18
New Jersey New Jersey Health Care Facs. Fing.
Auth. Rev. (Christ Hosp. Group
Issue) 7% 7/1/06(Connie Lee
Insured)
New Jersey New Jersey Tpk. Auth. Tpk. Rev.
Rfdg. Series C, 6.50% 1/1/09
(AMBAC Insured)
New Jersey New Jersey Trans. Trust Fund Auth. 7,650,000 7,965,563
Rfdg. (Trans. Sys.) Series A,
5.50% 6/15/11(MBIA Insured)
New Jersey New Jersey Trans. Trust Fund Auth. 1,035,000 1,122,975
Rfdg. (Trans. Sys.) Series A, 6%
6/15/03(AMBAC Insured)
New Jersey New Jersey Trans. Trust Fund Auth. 8,900,000 9,723,250
Rfdg. (Trans. Sys.) Series A, 6%
6/15/04 (AMBACInsured)
New Jersey New Jersey Trans. Trust Fund Auth. 1,000,000 1,130,000
Rfdg. (Trans. Sys.) Series A,
6.50% 6/15/05 (AMBACInsured)
New Jersey New Jersey Trans. Trust Fund Auth. 10,000,000 5,925,000
Rfdg. (Trans. Sys.) Series B,
5.25% 6/15/12
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series B,
6.50% 6/15/10 (MBIAInsured)
New Jersey New Jersey Transit Corp. Series A,
5.40% 9/1/02 (FSA Insured)
New Jersey New Jersey Wastewtr. Treatment
Trust Ref. Series C, 6.25% 5/15/04
(MBIA Insured)
New Jersey Passaic County Util. Auth. Solid
Waste Disp. Rev. Rfdg. (Cap.
Appreciation) 0% 3/1/01 (MBIA
Insured)
New Jersey Warren County Poll. Cont. Fing.
Auth. Resource Recovery Rev. 6.55%
12/1/06 (MBIAInsured)
New Mexico Albuquerque Arpt. Rev. Rdfg. 6.75%
7/1/10 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.25%
7/1/03 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.50% 1,500,000 1,698,750
7/1/08 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.70%
7/1/18 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.75% 1,150,000 1,328,250
7/1/09 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.75%
7/1/12 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Series A,
6.60% 7/1/16 (AMBAC Insured)
New Mexico Albuquerque Refuse Removal & Disp.
Rev. Rfdg. 5.25% 7/1/09 (AMBAC
Insured)
New Mexico New Mexico Edl. Assistance
Foundation Student Loan Rev.
Series B, 5.25% 4/1/05
(AMBACInsured)
New Mexico New Mexico Univ. Rev. Rfdg. Series 1,940,000 2,146,125
A, 6% 6/1/21
New Mexico Rio Rancho Wtr. & Wastewtr. Sys.
Rev. Series A, 5.90% 5/15/15 (FSA
Insured)
New York Metropolitan Trans. Auth. Commuter
Facs. Rev. Series A, 5.625% 7/1/27
(MBIA Insured)
New York Metropolitan Trans. Auth. Commuter
Facs. Rev. Series A, 6% 7/1/21
(FGIC Insured)
New York Metropolitan Trans. Auth. Facs.
Rev. SeriesA, 6% 7/1/16 (FGIC
Insured)
New York Metropolitan Trans. Auth. Svc.
Contract Commuter Facs. Series O,
5.75% 7/1/08
New York Metropolitan Trans. Auth. Svc.
Contract Commuter Facs. Series O,
5.75% 7/1/08
New York Metropolitan Trans. Auth. Svc.
Contract Commuter Facs. Series O,
5.75% 7/1/13
New York Metropolitan Trans. Auth. Svc. 1,000,000 1,092,500
Contract Transit Rfdg. Series 5,
6.90% 7/1/05
New York Metropolitan Trans. Auth. Svc. 1,000,000 1,038,750
Contract Transit Rfdg. Series 7,
5.40% 7/1/06
New York Metropolitan Trans. Auth. Transit 8,000,000 8,350,000
Facs. Rev. Series A, 5.75% 7/1/21
(MBIA Insured)
New York Metropolitan Trans. Auth.
Transport Facs. Rev. Rfdg. Series
K, 6.30% 7/1/06 (MBIAInsured)
New York Metropolitan Trans. Auth.
Transport Facs. Rev. Rfdg. Series
K, 6.30% 7/1/07 (MBIAInsured)
New York Metropolitan Trans. Auth.
Transport Facs. Rev. Series A,
6.10% 7/1/21 (FSA Insured)
New York New York City Gen. Oblig. Rfdg.
Series A, 6.375% 8/1/05
New York New York City Gen. Oblig. Rfdg.
Series A, 7% 8/1/03
New York New York City Gen. Oblig. Rfdg. 4,000,000 4,200,000
Series B, 5.70% 8/15/02
New York New York City Gen. Oblig. Rfdg.
Series C, 6.50% 8/1/07
New York New York City Gen. Oblig. Rfdg. 1,000,000 1,090,000
Series D, 6.60% 2/1/03
New York New York City Gen. Oblig. Rfdg.
Series E, 5.40% 2/15/03
New York New York City Gen. Oblig. Rfdg. 3,500,000 3,889,375
Series E, 6.50% 2/15/04 (FGIC
Insured)
New York New York City Gen. Oblig. Rfdg.
Series H, 5.40% 8/1/04
New York New York City Gen. Oblig. Rfdg.
Series H, 5.50% 8/1/01
New York New York City Gen. Oblig. Rfdg.
Series H, 6% 8/1/07 (FGIC Insured)
New York New York City Gen. Oblig. Rfdg.
Series H, 7.875% 8/1/00
New York New York City Gen. Oblig. Series
A, 6% 8/1/18 (FSA Insured)
(Escrowed to Maturity)
New York New York City Gen. Oblig. Series
B, 7.50% 2/1/02
New York New York City Gen. Oblig. Series 14,000,000 15,645,000
B, 7.50% 2/1/03
New York New York City Gen. Oblig. Series
B, 7.50% 2/1/04
New York New York City Gen. Oblig. Series
C, 6.40% 8/1/03
New York New York City Gen. Oblig. Series 500,000 550,625
D, 6.50% 2/15/05
New York New York City Gen. Oblig. Series
F, 6.10% 2/15/02
New York New York City Gen. Oblig. Series
F, 6.10% 2/15/02 (Escrowed to
Maturity)
New York New York City Gen. Oblig. Series
F, 8.10% 11/15/99
New York New York City Gen. Oblig. Series
G, 5.40% 2/1/01
New York New York City Gen. Oblig. Series
G, 5.60% 2/1/02
New York New York City Gen. Oblig. Series
H, 6.90% 2/1/01
New York New York City Gen. Oblig. Series
H, 6.90% 2/1/01 (Escrowed to
Maturity)
New York New York City Gen. Oblig. Series
J, 6% 2/15/04
New York New York City Gen. Oblig. Series 4,400,000 4,425,652
L, 4.75% 8/1/98
New York New York City Ind. Dev. Agcy. Spl. 500,000 531,875
Facs. Rev. (Term. One Group Assoc.
Proj.) 6% 1/1/08(AMT)
New York New York City Ind. Dev. Auth. 1,050,000 1,116,937
(Japan Airlines Co. Ltd. Proj.)
Series 91 , 6% 11/1/15 (FSA
Insured) LOC Morgan Guaranty Trust
Co. (AMT)
New York New York City Muni. Assistance 5,000,000 5,431,250
Corp. Rfdg. Series E, 6% 7/1/04
New York New York City Muni. Assistance 8,500,000 9,265,000
Corp. Rfdg. Series H, 6% 7/1/05
New York New York City Muni. Assistance 3,200,000 3,476,000
Corp. Rfdg. Series J, 6% 7/1/04
New York New York City Muni. Wtr. Fin.
Auth. Wtr. & Swr. Sys. Rev. Series
B, 5.875% 6/15/26
New York New York City Rfdg. Series B,
5.50% 8/15/01(Escrowed to
Maturity)
New York New York City Trust Cultural 1,950,000 2,006,062
Resources Rev. (American Museum of
Nat'l. History)Series A, 5.65%
4/1/27 (MBIA Insured)
New York New York Gen. Oblig. Series A,
7.75% 8/17/07
New York New York Gen. Oblig. Series B,
5.5% 8/15/01
New York New York State Dorm. Auth. Lease
Rev. Rfdg.(State Univ. Dorm.
Facs.) Series A, 6%7/1/03 (AMBAC
Insured)
New York New York State Dorm. Auth. Rev.
(State Univ. Edl. Facs.) 5.75%
5/15/09
New York New York State Dorm. Auth. Rev.
(Suffolk County Judicial Facs.)
Series A, 9.50% 4/15/14
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.25% 5/15/15 (AMBAC
Insured)
New York New York State Dorm. Auth. Rev. 750,000 789,375
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/05
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/08
New York New York State Dorm. Auth. Rev. 1,500,000 1,567,500
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/10
New York New York State Dorm. Auth. Rev. 5,250,000 5,400,937
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/13
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.875% 5/15/11
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 6.50% 5/15/04
New York New York State Dorm. Auth. Rev. 3,300,000 3,551,625
Rfdg. (State Univ. Edl. Facs.)
Series A,5.875% 5/15/17
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series B, 5.25% 5/15/05
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series B, 5.25% 5/15/11
New York New York State Dorm. Auth. Rev. 3,000,000 3,168,750
Rfdg. (State Univ. Edl. Facs.)
Series B, 5.50% 5/15/08
New York New York State Envir. Facs. Corp.
Poll. Cont. Rev. Rfdg. (State Wtr.
Revolving Fund)(New York City
Muni. Wtr.) Series A, 5.75%
6/15/12
New York New York State Local Gov't.
Assistance Corp. (Cap.
Appreciation) Series A, 0% 4/1/08
New York New York State Local Gov't.
Assistance Corp. (Cap.
Appreciation) Series B, 0% 4/1/08
New York New York State Local Gov't. 10,000,000 4,462,500
Assistance Corp. Rfdg. (Cap.
Appreciation) Series C,0% 4/1/13
New York New York State Local Gov't.
Assistance Corp. Rfdg. Series A,
5.375% 4/1/16
New York New York State Local Gov't. 2,200,000 2,326,500
Assistance Corp. Rfdg. Series A,
5.50% 4/1/04 (AMBACInsured)
New York New York State Local Gov't. 5,000,000 4,756,250
Assistance Corp. Rfdg. Series C,
5% 4/1/21
New York New York State Local Gov't. 4,250,000 4,345,625
Assistance Corp. Rfdg. Series C,
5.50% 4/1/17
New York New York State Local Gov't.
Assistance Corp. Rfdg. Series E,
5.25% 4/1/16
New York New York State Local Gov't.
Assistance Corp. Rfdg. Series E,
6% 4/1/14
New York New York State Local Gov't.
Assistance Corp. Series B, 6%
4/1/18
New York New York State Local Gov't.
Assistance Corp. Series C, 6.50%
4/1/15
New York New York State Med. Care Facs.
Fin. Agcy. Rev. (Mtg. Proj.)
Series E, 6.20% 2/15/15(FHA
Guaranteed)
New York New York State Mtg. Agcy. Rev. 5,000,000 5,193,750
(Homeowner Mtg.) Series 48, 6.05%
4/1/17 (AMT)
New York New York State Thruway Auth. Hwy. 1,500,000 1,591,875
& Bridge Trust Fund Series A,
5.80% 4/1/09
New York New York State Thruway Auth. Hwy.
& Bridge Trust Fund Series A,
6.25% 4/1/04 (MBIAInsured)
New York New York State Tollway Auth. Gen.
Rev. (Spl. Oblig.) (Cap.
Appreciation) Series A, 0%1/1/05
New York New York State Urban Dev. Corp.
Rev. Rfdg. (Correctional Facs.)
Series A, 5.10% 1/1/09 (AMBAC
Insured)
New York New York State Urban Dev. Corp.
Rev. Rfdg. (State Facs.) 5.75%
4/1/11
New York Niagara County Ind. Dev. Agcy. 4,210,000 1,894,500
Ind. Dev. Rev. (Wintergarden Inn
Assoc. Proj.)0% 6/1/11
New York Niagara Falls Pub. Impt. 7.50%
3/1/18 (MBIA Insured)
New York Suffolk County Wtr. Auth.
Waterwks. Rev. Rfdg. (Sr, Lien)
5.10% 6/1/09 (MBIA Insured)
New York Triborough Bridge & Tunnel Auth.
Rev. (Convention Ctr. Proj.)
Series E, 7.25% 1/1/10
New York Triborough Bridge & Tunnel Auth.
Rev. (Gen. Purp.) Series A, 4.75%
1/1/19
New York Triborough Bridge & Tunnel Auth. 6,000,000 6,270,000
Rev. Rfdg. (Gen. Purp.) Series Y,
5.50% 1/1/17
New York Triborough Bridge & Tunnel Auth.
Rev. Series A, 5.125% 1/1/22
North Carolina North Carolina Eastern Muni. Pwr. 1,000,000 1,052,500
Agcy. Pwr. Sys. Rev. Rfdg. Series
A, 5.50% 1/1/04(MBIA Insured)
North Carolina North Carolina Eastern Muni. Pwr. 1,000,000 1,053,750
Agcy. Pwr. Sys. Rev. Rfdg. Series
A, 5.50% 1/1/05(MBIA Insured)
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
B, 7% 1/1/08
North Carolina North Carolina Eastern Muni. Pwr. 5,000,000 5,781,250
Agcy. Pwr. Sys. Rev. Rfdg. Series
B, 7.25% 1/1/07
North Carolina North Carolina Eastern Muni. Pwr. 1,000,000 1,018,750
Agcy. Pwr. Sys. Rev. Rfdg. Series
C, 5.25% 1/1/04
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
C, 5.50% 1/1/07
North Carolina North Carolina Eastern Muni. Pwr. 2,750,000 3,131,562
Agcy. Pwr. Sys. Rev. Rfdg. Series
C, 7% 1/1/07
North Carolina North Carolina Eastern Muni. Pwr. 2,500,000 2,634,375
Agcy. Pwr. Sys. Rev. Series B, 6%
1/1/05
North Carolina North Carolina Eastern Muni. Pwr. 1,350,000 1,407,375
Sys. Elec. & Gas Rev. Rfdg. Series
A, 6.10% 1/1/01
North Carolina North Carolina Muni. Pwr. Agcy. #1
Catawba Elec. Rev. 5.25% 1/1/09
(MBIA Insured)
North Carolina North Carolina Muni. Pwr. Agcy. #1 3,200,000 3,408,000
Catawba Elec. Rev. Rfdg. 6.25%
1/1/17(AMBAC Insured)
North Carolina North Caroline Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
A, 6.25% 1/1/03
North Dakota Mercer County Poll. Cont. Rev.
Rfdg. (Antelope Valley
Station/Basin Elec. Pwr. Cooper)
7.20% 6/30/13 (AMBAC Insured)
North Dakota Mercer County Poll. Cont. Rev.
Rfdg. (Montana-Dakota Utils. Co.
Proj.) 6.65% 6/1/22(FGIC Insured)
Ohio Bedford Hosp. Impt. Rev. Rfdg.
(Bedford Commty. Hosp.) Series
1990, 8.50% 5/15/09(Pre-Refunded
to 5/15/00 @ 102)
Ohio Butler County Trans. Impt. Dist.
Series A, 5% 4/1/07 (FSA Insured)
Ohio Cleveland Arpt. Sys. Rev. Series 1,000,000 1,043,750
A, 5.50% 1/1/04 (FSA Insured)
(AMT)
Ohio Cleveland Pub. Pwr. Sys. Rev.
Rfdg. (First Mtg.) Series 1, 5%
11/15/24 (MBIA Insured)
Ohio Euclid City School Dist. (Cap.
Appreciation) 0% 12/1/02, (AMBAC
Insured)
Ohio Euclid City School Dist. (Cap.
Appreciation) 0% 12/1/03, (AMBAC
Insured)
Ohio Marion County Hosp. Impt. Rev. 380,000 389,975
Rfdg. (Commty. Hosp. Proj.) 5.60%
5/15/01
Ohio Ohio Bldg. Auth. State Facs.
(Adult Correctional) Series A,
5.95% 10/1/14 (MBIA Insured)
Ohio Ohio Bldg. Auth. Workers
Compensation (W. Green Bldg. A)
4.75% 4/1/14
Ohio Ohio Hsg. Fin. Agcy. Mtg. 3,340,000 3,436,025
Residential Rev. Series A-1, 5.30%
9/1/26 (GNMA Coll.) (AMT
Ohio Ohio Hsg. Fin. Agcy. Mtg. Rev.
(Oakleaf-Toledo Apts. Proj.)
10.25% 12/20/25, (GNMA Coll.)
Ohio Ohio Hsg. Fin. Agcy. Mtg. Rev. 3,250,000 3,306,875
4.95% 9/1/20 (AMT)
Ohio Ohio Tpk. Commission Tpk. Rev.
Series A, 5.60% 2/15/12 (MBIA
Insured)
Ohio Ohio Tpk. Commission Tpk. Rev.
Series A, 5.70% 2/15/13 (MBIA
Insured)
Ohio Ohio Tpk. Commission Tpk. Rev.
Series A, 5.70% 2/15/17 (MBIA
Insured)
Ohio Ohio Wtr. Dev. Auth. Poll. Cont. 2,925,000 3,257,719
Facs. Rev. (Wtr. Cont. Loan Fund)
State Match Series,6.50% 12/1/03
(MBIA Insured)
Ohio Ohio Wtr. Dev. Auth. Rev. Rfdg.
(Impt. Pure Wtr. 5.75% 6/1/06
(MBIA Insured)
Oklahoma Oklahoma County Ind. Auth. Rev. 2,900,000 3,168,250
(Epworth Village Proj.) Series A,
10.25% 4/1/19(Pre-Refunded to to
4/1/99 @ 102)
Oklahoma Tulsa Muni. Arpt. Trust Rev. 3,600,000 4,018,500
(American Airlines Corp. Proj.)
7.35% 12/1/11
Oregon Oregon Health Hsg. Edl. & Cultural
Facs. Auth. Rev. Rfdg. (Lewis &
Clark College)Series A, 6% 10/1/13
(MBIA Insured)
Oregon Oregon Health Hsg. Edl. & Cultural
Facs. Auth. Rev. Rfdg. (Lewis &
Clark College)Series A, 6.125%
10/1/24 (MBIA Insured)
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/06
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/07
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/08
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/09
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/10
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/11
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/98
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/99
Oregon Portland Series B, 7% 6/1/00
Oregon Portland Series B, 7% 6/1/01
Oregon Portland Swr. Sys. Rev. Rfdg.
Series A, 5.25% 3/1/10
Oregon Portland Swr. Sys. Rev. Series A, 500,000 552,500
6.25% 6/1/15 (Pre-Refunded to
6/1/04 @ 101)
Pennsylvania Allegheny County Hosp. Dev. Auth. 4,100,000 3,956,500
(Univ. of Pittsburg Med. Ctr.)
Series B, 5.125% 7/1/22 (MBIA
Insured)
Pennsylvania Butler County Hosp. Auth. Hosp.
Rev. (North Hills Passavant Hosp.)
Series A, 6.80%6/1/06 (FSA
Insured) (Pre-Refunded to 6/1/01 @
102)
Pennsylvania Cambria County Hosp. Dev. Auth.
Hosp. Rev. Rfdg. & Impt.
(Conemaugh Valley Hosp.)Series B,
6.375% 7/1/18 (Connie Lee Insured)
Pennsylvania Cumberland County Muni. Auth. Rev. 3,800,000 4,089,750
Rfdg. (1st. Mtg.-Carlisle Hosp. &
Health) 6.80%11/15/23
Pennsylvania Delaware County Auth. Rev. (1st. 1,100,000 1,129,568
Mtg. Riddle Village Proj.) 7%
6/1/00 (Escrowed toMaturity)
Pennsylvania Delaware County Auth. Rev. (1st. 4,500,000 5,523,750
Mtg. Riddle Village Proj.) 8.25%
6/1/22 (Escrowed toMaturity)
Pennsylvania Delaware County Auth. Rev. (1st. 6,170,000 7,481,125
Mtg. Riddle Village Proj.) 9.25%
6/1/22 (Pre-Refundedto 6/1/02 @
102)
Pennsylvania Delaware County Auth. Rev. (1st. 2,000,000 2,387,500
Mtg. Riddle Village Proj.) Series
1992, 8.75% 6/1/10 (Pre-Refunded
to 6/1/02 @ 102)
Pennsylvania Delaware County Ind. Dev. Auth. 3,700,000 3,912,750
Rev. Rfdg. (Resource Recovery
Fac.) Series A, 6.10%7/1/13
Pennsylvania Montgomery County Higher Ed. & 135,000 148,163
Health Auth. Hosp. Rev. (United
Hosp., Inc.) Series A,8.375%
11/1/03 (Pre-Refunded to 11/1/99 @
102)
Pennsylvania Montgomery County Higher Ed. & 165,000 175,312
Health Auth. Hosp. Rev. (United
Hosp., Inc.) Series B,7.50%
11/1/15 (Pre-Refunded to 11/1/99 @
100)
Pennsylvania Northumberland County Auth.
Commonwealth Lease Rev.
(Correctional Facs.)
(Cap.Appreciation) 0% 10/15/13
(MBIA Insured)
Pennsylvania Pennsylvania Convention Ctr. Auth. 3,000,000 3,341,250
Rev. Rfdg. Series A, 6.60% 9/1/09
(MBIA Insured)
Pennsylvania Pennsylvania Convention Ctr. Auth. 1,500,000 1,696,875
Rev. Rfdg. Series A, 6.70% 9/1/14
(MBIA Insured)
Pennsylvania Pennsylvania Convention Ctr. Auth. 4,500,000 4,910,625
Rev. Rfdg. Series A, 6.75% 9/1/19
Pennsylvania Pennsylvania Convention Ctr. Auth.
Rev. Series A, 6.70% 9/1/16 (FGIC
Insured)(Escrowed to Maturity)
Pennsylvania Pennsylvania Hsg. Fin. Agcy. Rev. 980,000 1,008,175
Rfdg. (Single Family Mtg.) Series
54A, 5.375%10/1/28 (AMT)
Pennsylvania Pennsylvania Hsg. Fin. Agcy. Rfdg.
(Multi-Family Section 8) Series C,
8.10% 7/1/13(FHA Guaranteed)
Pennsylvania Pennsylvania Hsg. Fin. Agcy.
Single Family Mtg. Series 44C,
6.65% 10/1/21 (AMT)
Pennsylvania Pennsylvania Hsg. Fin. Agcy.
Single Family Mtg. Series 51,
5.65% 4/1/20 (AMT)
Pennsylvania Philadelphia Gen. Oblig. 6.25% 3,400,000 3,744,250
5/15/11 (MBIA Insured)
Pennsylvania Philadelphia Gen. Oblig. 6.25% 3,835,000 4,180,150
5/15/13 (MBIA Insured)
Pennsylvania Philadelphia Hosp. & Higher Ed. 4,000,000 4,185,000
Facs. Auth. Hosp. Rev. Rfdg.
(Pennsylvania Hosp.)5.95% 7/1/03
Pennsylvania Philadelphia Hosp. & Higher Ed.
Facs. Auth.Hosp. Rev. Rfdg.
(Pennsylvania Hosp.) 5.70% 7/1/01
Pennsylvania Philadelphia Muni. Auth. Rev.
Rfdg. Lease Series D, 6% 7/15/03
Pennsylvania Philadelphia Muni. Auth. Rev.
Rfdg. Series D, 6.125% 7/15/08
Pennsylvania Philadelphia Wtr. & Swr. Rev. 3,000,000 2,070,000
(Cap. Appreciation) 14th Series,
0% 10/1/05 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev.
6.25% 8/1/09 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev. 1,000,000 1,128,750
6.75% 8/1/04 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev. 1,000,000 1,137,500
6.75% 8/1/05 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev.
Rfdg. 5% 6/15/12 (FGIC Insured)
Pennsylvania Pittsburgh Wtr. & Swr. Auth. Wtr. 3,000,000 2,013,750
& Swr. Sys. Rev. Rfdg. (Cap.
Appreciation) Series A, 0% 9/1/06
(FGIC Insured) (Escrowed to
Maturity)
Pennsylvania Pittsburgh Wtr. & Swr. Auth. Wtr.
& Swr. Sys. Rev. Rfdg. (Cap.
Appreciation) Series A,0% 9/1/04
(FGIC Insured) (Escrowed to
Maturity)
Pennsylvania Pittsburgh Wtr. & Swr. Auth. Wtr. 5,335,000 5,008,231
& Swr. Sys. Rev. Rfdg. Series A,
4.75% 9/1/16 (FGICInsured)
Pennsylvania Southern Pennsylvania Trans. Auth. 1,000,000 1,116,250
Spl. Rev. Series A, 6.50% 3/1/05
(FGIC Insured)
Pennsylvania Wyoming Ind. Dev. Auth. Poll.
Cont. Rev. Rfdg. (Proctor & Gamble
Paper Proj.) 5.55%5/1/10
Rhode Island Rhode Island Depositors Econ.
Protection Corp. Spl. Oblig. Rfdg.
Series A, 5.75%8/1/12 (MBIA
Insured)
South Carolina Charleston County Health Facs. 2,945,000 3,460,375
Rev. Rfdg. (1st. Mtg. Episcopal
Proj.) Series A, 9.75% 4/1/16
(Pre-Refunded to 4/1/01 @ 102)
South Carolina Charleston County Health Facs. 2,070,000 2,432,250
Rev. Rfdg. (1st. Mtg. Episcopal
Proj.) Series B, 9.75% 4/1/16
(Pre-Refunded to 4/1/01 @ 102)
South Carolina Charleston County Resource 4,500,000 4,652,505
Recovery Rev. (Foster Wheeler
Charleston) Series A, 9.25% 1/1/10
(AMT)
South Carolina Lexington County Health Svcs.
Dist. Inc. Hosp. Rev. 7% 10/1/08
(FSA Insured)
South Carolina Piedmont Muni. Pwr. Agcy. Elec.
Rev. Rfdg. 5.50% 1/1/10 (MBIA
Insured)
South Carolina Piedmont Muni. Pwr. Agcy. Elec.
Rev. Rfdg. 5.50% 1/1/10 (MBIA
Insured) (Escrowed toMaturity)
South Carolina Piedmont Muni. Pwr. Agcy. Elec.
Rev. Rfdg. 5.60% 1/1/09 (MBIA
Insured)
South Carolina Piedmont Muni. Pwr. Agcy. Elec.
Rev. Rfdg. 5.60% 1/1/09 (MBIA
Insured) (Escrowed toMaturity)
South Carolina Piedmont Muni. Pwr. Agcy. Elec. 4,500,000 4,584,375
Rev. Rfdg. Series B, 5.25% 1/1/11
(MBIA Insured)
South Carolina Richland County Hosp. Facs. Rev.
(Commty. Provider Pooled Loan
Prog.) Series A, 7.125% 7/1/17
(FSA Insured) (Escrowed to
Maturity)
South Carolina South Carolina Ed. Assistance
Auth. Rev. (Student Loan) 6.40%
9/1/02 (AMT)
South Carolina South Carolina Ed. Assistance
Auth. Rev. (Student Loan) 6.625%
9/1/06 (AMT)
South Carolina South Carolina Gen. Oblig. (State
Cap. Impt.) Series B, 5.75% 8/1/04
South Carolina South Carolina Pub. Svc. Auth.
Rev. Rfdg. Series A, 6.25% 1/1/03
South Carolina South Carolina Pub. Svc. Auth. 2,565,000 2,808,675
Rev. Rfdg. Series A, 6.25% 1/1/04
(MBIA Insured)
South Carolina South Carolina Pub. Svc. Auth.
Rev. Rfdg. Series A, 6.25% 2/1/06
(MBIA Insured)
South Carolina South Carolina Pub. Svc. Auth.
Rev. Rfdg. Series A, 6.375% 7/1/21
(AMBAC Insured)
South Carolina South Carolina Pub. Svc. Auth. 3,330,000 3,779,550
Rev. Rfdg. Series A, 6.50% 1/1/08
(MBIA Insured)
South Dakota South Dakota Lease Rev. Rfdg.
(Trust Cfts.) Series A, 6.625%
9/1/12 (FSA Insured)
South Dakota Spearfish School Dist. #40-2
Unltd. Tax (Lawrence County) 7.30%
7/1/11 (Pre-Refundedto 7/1/01 @
102)
Tennessee Johnson City Elec. Rev. 5.15%
5/1/23 (MBIA Insured)
Tennessee Knox County Health Edl. & Hsg.
Facs. Board Hosp. Facs. Rev. Rfdg.
(Fort SandersAlliance) Series C,
5.75% 1/1/14 (MBIA Insured)
Tennessee Memphis-Shelby County Arpt. Auth.
Arpt. Rev. Rfdg. Series A, 6.25%
2/15/11 (MBIA Insured)
Tennessee Memphis-Shelby County Arpt. Auth. 500,000 567,500
Arpt. Rev. Rfdg. Series B, 6.50%
2/15/09 (MBIA Insured)
Tennessee Metropolitan Gov't. Nashville &
Davidson County Wtr. & Swr. Rev.
Rfdg. (Cap.Appreciation) 0% 1/1/12
(FGIC Insured) stepped coupon
Tennessee Metropolitan Gov't. Nashville & 2,000,000 2,202,500
Davison County Wtr. & Swr. Rev.
Rfdg. 6% 1/1/07(MBIA Insured)
Tennessee Shelby County Gen. Oblig. Rfdg.
Series A, 6.75% 4/1/04
Tennessee Tennessee Gen. Oblig. Series A, 7%
3/1/03
Texas Allen Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/04 (PSF Guaranteed)
Texas Allen Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/05 (PSF Guaranteed)
Texas Alliance Arpt. Auth. Spl. Facs. 7,000,000 8,137,500
Rev. (American Airlines, Inc.
Proj.) 7% 12/1/11 (AMT)
Texas Alliance Arpt. Auth. Spl. Facs. 4,000,000 4,375,000
Rev. (American Airlines, Inc.
Proj.) 7.50% 12/1/29 AMT
Texas Austin Gen. Oblig. Rfdg. (Pub.
Impt.) (Cap. Appreciation) Series
B, 0% 9/1/98 (MBIAInsured)
Texas Austin Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
8/1/02 (PSF Guaranteed)
Texas Austin Independent School Dist.
School Bldg. 8.125% 8/1/01 (PSF
Guaranteed) (Escrowedto Maturity)
Texas Austin Util. Sys. Rev. (Capital
Appreciation) 0% 11/15/09, (AMBAC
Insured)
Texas Austin Util. Sys. Rev. Rfdg. (Cap.
Appreciation) 0% 11/15/10 (AMBAC
Insured)
Texas Austin Util. Sys. Rev. Rfdg. (Cap.
Appreciation) Series A, 0%
11/15/01 (MBIA Insured)
Texas Austin Util. Sys. Rev. Rfdg.
Series A, 0% 11/15/08, (MBIA
Insured)
Texas Brazos River Auth. Poll. Cont. 6,620,000 6,996,877
Rev. (Texas Utils. Elec. Co.
Proj.) Series A, 8.25% 1/1/19
(AMT)
Texas Brazos River Auth. Poll. Cont. 2,300,000 2,373,669
Rev. (Texas Utils. Elec. Co.)
Series A, 9.25% 3/1/18(AMT)
Texas Cedar Hill Independent School
Dist. Rfdg. (Cap. Appreciation) 0%
8/15/09 (PSFGuaranteed)
Texas Conroe Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/07 (PSF Guaranteed)
Texas Conroe Independent School Dist. 1,100,000 631,125
Rfdg. (Cap. Appreciation) 0%
2/15/09 (PSF Guaranteed)
Texas Conroe Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/10 (PSF Guaranteed)
Texas Conroe Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/11 (PSF Guaranteed)
Texas Conroe Independent School Dist.
Rfdg. (Cap. Appreication) 0%
2/15/08 (PSF Guaranteed)
Texas Corpus Christi Independent. School
Dist. Rfdg. (Cap. Appreciation) 0%
8/15/01 (PSF Guanteed)
Texas Corpus Christi Independent. School
Dist. Rfdg. 0% 8/15/02 (PSF
Guaranteed)
Texas Cypress-Fairbanks Independent
School Dist. Rfdg. Unltd. Tax
(Cap. Appreciation) 0%2/1/04 (PSF
Guaranteed)
Texas Cypress-Fairbanks Independent
School Dist. Rfdg. Unltd. Tax
(Cap. Appreciation)Series A, 0%
2/15/12 (PSF Guaranteed)
Texas Dallas-Fort Worth Reg'l. Arpt.
Rev. Rfdg. (Joint Dallas/Fort
Worth Int'l. Arpt.) 6.50%11/1/05
(FGIC Insured)
Texas Dallas Gen. Oblig. 4.50% 2/15/14
Texas Dallas Gen. Oblig. Ref. (Dallas 4,500,000 4,966,875
Denton & Collin Co.) 6.50% 2/15/03
Texas Dallas Gen. Oblig. Rfdg. (Cap.
Appreciation) 0% 2/15/03
Texas Dallas Hsg. Corp. Cap. Prog. Rev.
Rfdg. (Section 8 Assorted Projs.)
7.70% 8/1/05
Texas Dallas Hsg. Corp. Cap. Prog. Rev.
Rfdg. (Section 8 Assorted Projs.)
7.85% 8/1/13
Texas Dallas Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
8/15/07 (PSF Guaranteed)
Texas El Paso Int'l. Arpt. Rev. 5.12%
8/15/04 (FGIC Insured) (AMT)
Texas El Paso Prop. Fin. Auth. Single 645,000 702,244
Family Mtg. Rev. Series A, 8.70%
12/1/18, (GNMA Coll.) (AMT)
Texas El Paso Wtr. & Swr. Rev. Rfdg. 2,650,000 1,884,813
(Cap. Appreciation) 0% 3/1/05
(MBIA Insured)
Texas El Paso Wtr. & Swr. Rev. Rfdg. 3,700,000 2,502,125
(Cap. Appreciation) 0% 3/1/06
(MBIA Insured)
Texas Fort Bend Independent School Dist.
Gen. Oblig. 7% 2/15/05 (PSF
Guaranteed)
Texas Garland Independent School Dist.
Series A, 4% 2/15/17
Texas Grapevine-Colleyville Indpt.
School Dist. Rfdg. (Cap.
Appreciation) 0% 8/15/06(PSF
Guaranteed)
Texas Houston Independent. School Dist.
Rfdg. Series A, 0% 8/15/11 (PSF
Guaranteed)
Texas Houston Wtr. & Swr. Sys. Rev. 2,000,000 2,220,000
Rfdg. (Jr. Lien) Series B, 6.25%
12/1/05 (FGIC Insured)
Texas Houston Wtr. & Swr. Sys. Rev.
Rfdg. (Jr. Lien) Series C, 0%
12/1/06 (AMBAC Insured)
Texas Humble Independent School Dist. 3,280,000 2,111,500
Rfdg. (Cap. Appreciation) 0%
2/15/07 (Permanent School Fund of
Texas Guaranteed)
Texas Irving Independent School Dist. 2,250,000 1,963,125
(Cap. Appreciation) 0% 2/15/01
(Permanent School Fundof Texas
Guaranteed)
Texas Irving Independent School Dist. 0%
2/15/01
Texas Katy Independent School Dist.
Rfdg. Ltd. Tax (Cap. Appreciation)
Series A, 0% 2/15/07(PSF
Guaranteed)
Texas Katy Indpt. School Dist. Rfdg. 0%
8/15/11 (PSF Guaranteed)
Texas Leander Independant School Dist.
Unltd. Tax 7.50% 8/15/08, (PSF
Guaranteed)
Texas Lower Colorado River Auth. Rev.
Priority Rfdg. (Cap. Appreciation)
0% 1/1/09 (MBIAInsured) (Escrowed
to Maturity)
Texas Lower Colorado River Auth. Rev. 1,500,000 1,546,875
Refdg. 5.25% 1/1/05
Texas Lower Colorado River Auth. Rev.
Rfdg. (Jr. Lien-4th Supplement)
5.25% 1/1/15 (Escrowed to
Maturity)
Texas Lower Neches Valley Auth. Ind.
Dev. Corp. Envir. Rev. (Mobil Oil
Refining Corp. Proj.) 6.35% 4/1/26
(AMT)
Texas Lower Neches Valley Auth. Ind. 1,000,000 1,082,500
Dev. Corp. Swr. Facs. Rev. (Mobil
Oil Refining Corp.Proj.) 6.40%
3/1/30 (AMT)
Texas Matagorda County Navigation Dist.
#1 Rev. Rfdg. (Houston Lt. & Pwr.
Proj.) Series C,7.125% 7/1/19
(FGIC Insured)
Texas Midlothian Indpt. School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/07 (PSF Guaranteed)
Texas Midlothian Indpt. School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/10 (PSF Guaranteed)
Texas Port Arthur Hsg. Fin. Corp. Single
Family Mtg. Rev. Rfdg. 8.70%
3/1/12
Texas Port Dev. Corp. Ind. Dev. Rev.
Rfdg. (Cargill, Inc. Proj.) 7.70%
3/1/07
Texas Round Rock Independent School
Dist. 6.50% 8/1/04 (PSF
Guaranteed)
Texas Round Rock Independent School 7,430,000 4,151,512
Dist. Rfdg. & School Bldg. (Cap.
Appreciation)0% 8/15/09 (MBIA
Insured)
Texas Round Rock Independent School
Dist. Rfdg. 0% 2/15/01 (PSF
Guaranteed)
Texas Round Rock Independent School
Dist. Series A, 7.50% 8/1/03 (PSF
Guaranteed)
Texas Round Rock Indpt. School Dist.
Rfdg. & School Bldg. 0% 8/15/10
(MBIA Insured)
Texas Sabine River Auth. Poll. Cont. 1,250,000 1,382,812
Rev. (Texas Util. Elec. Proj.)
Series B, 8.25% 10/1/20(AMT)
Texas San Antonio Elec. & Gas Rev. 5.75%
2/1/11
Texas San Antonio Elec. & Gas Rev. Rfdg.
(Cap. Appreciation) Series A, 0%
2/1/05 (AMBACInsured)
Texas San Antonio Elec. & Gas Rev. Rfdg. 2,000,000 1,220,000
(Cap. Appreciation) Series B, 0%
2/1/08 (FGICInsured)
Texas San Antonio Elec. & Gas Rev. Rfdg.
(Cap. Appreciation) Series B, 0%
2/1/09, (FGIC Insured)
Texas San Antonio Elec. & Gas Rev. Rfdg.
(Cap. Appreciation) Series B, 0%
2/1/10 (FGICInsured)
Texas San Antonio Elec. & Gas Rev. Rfdg. 4,500,000 4,623,750
5.25% 2/1/10
Texas San Antonio Elec. & Gas Rev. Rfdg.
Series 95, 6.375% 2/1/06
Texas San Antonio Elec. & Gas Rev.
Series B, 6% 2/1/14
Texas San Antonio Gen. Oblig. Impt.
Rfdg. (Cap. Appreciation) Series
C, 0% 8/1/06 (BIG Insured)
Texas San Antonio Wtr. Rev. (Cap.
Appreciation) 0% 5/1/12 (AMBAC
Insured) (Pre-Refunded to5/1/00 @
42.652)
Texas Spring Branch Independent School
Dist. Rfdg. (Cap. Appreciation) 0%
2/1/06 (PSFGuaranteed)
Texas Spring Branch Indpt. School Dist.
Rfdg. 0% 2/1/05
Texas Spring Independent School Dist.
4.875% 8/15/10 (PSF Guaranteed)
Texas Spring Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/02 (PSF Guaranteed)
Texas Texarkana Health Facs. Dev. Corp.
Hosp. Rev. (Wadley Reg'l. Med.
Ctr. Proj.) 7% 10/1/05 (MBIA
Insured)
Texas Texas A & M Univ. Fing. Sys. Rev. 1,610,000 1,666,350
Rfdg. 5.50% 5/15/02
Texas Texas A&M Univ. Permament Univ.
Fund Rfdg. 5.50% 7/1/04
Texas Texas College Student Loan Gen.
Oblig. 5.80% 8/1/05 (AMT)
Texas Texas Gen. Oblig. Rfdg. (Veterans
Land) 7.40% 12/1/20
Texas Texas Gen. Oblig. Series B, 5.25%
10/1/13
Texas Texas Muni. Pwr. Agcy. Rev. Rfdg.
(Cap. Appreciation) 0% 9/1/04
(AMBAC Insured)
Texas Texas Muni. Pwr. Agcy. Rev. Rfdg.
(Cap. Appreciation) 0% 9/1/05
(AMBAC Insured)
Texas Texas Pub. Fin. Auth. Bldg. Rev. 2,000,000 1,150,000
Rfdg. (Cap. Appreciation) 0%
2/1/09 (MBIA Insured)
Texas Texas Pub. Fin. Auth. Bldg. Rev.
Rfdg. (Cap. Appreciation) Series
1990, 0% 2/1/12(MBIA Insured)
Texas Texas Pub. Fin. Auth. Bldg. Rev. 1,800,000 1,944,000
Series A, 6% 8/1/03 (AMBAC
Insured)
Texas Texas Pub. Fin. Auth. Rfdg. (Cap.
Texas Texas Pub. Fin. Auth. Rfdg. Series
C, 6% 10/1/05 Appreciation) Series
A, 0% 10/1/01 (AMBAC Insured)
Texas Texas TRAN 4.75% 8/31/98 10,000,000 10,066,800
Texas Texas Wtr. Dev. Board Rev. (State 2,000,000 2,175,000
Revolving Fund Sr. Lien) 6.30%
7/15/06
Texas Univ. of Texas Univ. Revs. Rfdg.
(Fing. Sys.) Series A, 6% 8/15/04
Texas Univ. of Texas Univ. Revs. Rfdg.
(Fing. Sys.) Series A, 6% 8/15/05
Texas Winters Wtrwks. & Swr. Sys. Rev.
Rfdg. 8.50% 8/1/17, (Pre-Refunded
to 8/1/03 @ 100)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. (Cap.
Appreciation) Series B, 0% 7/1/00
(MBIA Insured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series A,
6% 7/1/16 (AMBAC Insured)
Utah Intermountain Pwr. Agcy. Pwr. 1,500,000 1,723,125
Supply Sys. Rev. Rfdg. Series A,
6.50% 7/1/08 (AMBACInsured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series A,
6.50% 7/1/11, (AMBAC Insured)
Utah Intermountain Pwr. Agcy. Pwr. 6,500,000 6,784,375
Supply Sys. Rev. Rfdg. Series B,
5.75% 7/1/16 (MBIAInsured)
Utah Intermountain Pwr. Agcy. Pwr. 6,000,000 6,540,000
Supply Sys. Rev. Rfdg. Series B,
6.25% 7/1/03 (MBIA Insured)
Utah Intermountain Pwr. Agcy. Pwr. 2,500,000 2,412,500
Supply Sys. Rev. Rfdg. Series D,
5% 7/1/21 (MBIA Insured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series G,
0% 7/1/12 (Pre-Refunded to1/1/03 @
101) stepped coupon
Utah Intermountain Pwr. Agcy. Pwr. 16,500,000 17,593,125
Supply Sys. Rev. Rfdg. Spl. Oblig.
Sixth Series B, 6%7/1/16 (MBIA
Insured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Spl. Oblig.
Sixth Series B, 6.50% 7/1/05 (MBIA
Insured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Spl. Oblig. Sixth
Series B, 6.50%7/1/10 (MBIA
Insured)
Utah South Salt Lake City Ind. Rev. 3,650,000 4,101,687
(Price Savers Wholesale Club
Proj.) 9% 11/15/13
Utah Utah Hsg. Fin. Agcy. (Single
Family Mtg.) Series G, 9.25%
7/1/19, (FHA Guaranteed)*
Vermont Vermont Ind. Dev. Auth. Ind. Dev. 2,000,000 2,182,500
Rev. (Radisson Hotel) Series B-1,
7.75% 11/15/15
Vermont Vermont Muni. Bond Bank Series B,
7.20% 12/1/20 (Pre-Refunded to
12/1/99 @ 102)
Virginia Fairfax County Econ. Dev. Auth.
Resource Recovery Rev. (Ogden
Martin Sys. Proj.) Series A, 7.75%
2/1/11 (AMT)
Virginia Loudoun County Ind. Dev. Auth. 14,955,000 16,244,869
Residential Care Facs. Rev.
(Falcons Landing Proj.)Series A,
8.75% 11/1/24
Virginia Loudoun County Ind. Dev. Auth. 1,100,000 1,219,625
Residential Care Facs. Rev.
(Falcons Landing Proj.)Series A,
9.25% 11/1/04
Virginia Lynchburg Ind. Dev. Auth. Hosp.
Facs. 1st. Mtg. Rev. Rfdg.
(Central Health, Inc.)8.125%
1/1/16
Virginia Peninsula Ports Auth. Hosp. Facs.
Rev. Rfdg. (Whittaker Mem. Proj.)
8.70% 8/1/23 (FHAGuaranteed)
Virginia Richmond Gen. Oblig. Rfdg. Series
B, 5.50% 1/15/04 (FGIC Insured)
Virginia Richmond Metropolitan Expressway 2,645,000 2,840,069
Rev. Rfdg. Series A, 6% 7/15/08
(FGIC Insured)
Virginia Richmond Redev. & Hsg. Auth. Mtg.
Rev. (Multi-Family Hsg. Pinebrook
Proj.) 9.25% 10/1/20 (GNMA Coll.)
Virginia Southeastern Pub. Svc. Auth. Rev. 4,000,000 4,140,000
Rfdg. Sr. Series A, 5.25% 7/1/10
(MBIA Insured)
Virginia Upper Occoquan Swr. Auth. Reg'l.
Swr. Rev. Series A, 5.15% 7/1/20
(MBIA Insured)
Virginia Virginia Beach Dev. Auth. Hosp.
Facs. Rev. (Virginia Beach Gen.
Hosp. Proj.) 5.125%2/15/18 (AMBAC
Insured)
Virginia Virginia Beach Dev. Auth. Hosp.
Facs. Rev. (Virginia Beach Gen.
Hosp. Proj.) 6% 2/15/12 (AMBAC
Insured)
Virginia Virginia Beach Dev. Auth. Hosp.
Facs. Rev. (Virginia Beach Gen.
Hosp. Proj.) 6% 2/15/13 (AMBAC
Insured)
Virginia Virginia Commonwealth Gen. Oblig. 2,750,000 2,853,125
5% 6/1/04
Virginia Virginia Commonwealth Trans. Board
Trans. Rev. Rfdg. (U.S. Rte. 58
Corridor Prog.) Series C, 5.125%
5/15/19
Virginia Virginia Hsg. Dev. Auth.
Multi-Family Hsg. Series I, 5.95%
5/1/09 (AMT) 11/1/10
Virginia Virginia Resources Auth. Wtr. &
Swr. Sys. Rev. Series A, 7.70%
Washington Benton County Pub. Util. Dist. #1
Elec. Rev. Rfdg. 6% 11/1/04 (AMBAC
Insured)
Washington Douglas County Pub. Util. Dist. #1 1,395,000 1,780,369
Wells Hydroelec. Rev. Rfdg.
(Pacific Pwr. & Lt. Co.) Series A,
8.75% 9/1/18
Washington King County Gen. Oblig. 5.75% 3,300,000 3,547,500
12/1/11
Washington King County Gen. Oblig. Series D,
5.40% 12/1/06
Washington Port Seattle Rev. Series B, 5.50%
9/1/09 (FGIC Insured) (AMT)
Washington Port Seattle Rev. Series B, 5.60%
9/1/10 (FGIC Insured) (AMT)
Washington Snohomish County School Dist.
#201, 6.75% 12/1/06 (AMBAC
Insured)
Washington Washington Gen Oblig. Series C,
6.50% 7/1/03
Washington Washington Gen. Oblig. (Motor
Vehicle Fuel Tax) Series B, 7%
9/1/05
Washington Washington Gen. Oblig. Rfdg. 2,500,000 2,668,750
Series R-93A, 5.60% 9/1/04
Washington Washington Gen. Oblig. Series
1996-A, 6.75% 7/1/02
Washington Washington Gen. Oblig. Series
R-96C, 6% 7/1/04
Washington Washington Motor Vehicle Fuel Tax
Gen. Oblig. Series B, 6.50% 9/1/03
Washington Washington Pub. Pwr. Supply Sys. 1,000,000 1,180,000
Nuclear Proj. #1 Rev. Rfdg.
(Bonneville Pwr.Administration)
Series B, 7% 7/1/08
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #1 Rev. Rfdg. Series
B, 7.25% 7/1/12(FGIC Insured)
Washington Washington Pub. Pwr. Supply Sys. 12,600,000 12,773,250
Nuclear Proj. #2 Rev. 5.40% 7/1/12
Washington Washington Pub. Pwr. Supply Sys. 8,000,000 8,190,000
Nuclear Proj. #2 Rev. 5.50% 7/1/10
(FGIC Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. 6.92% 7/1/10
(FGIC Insured)(inverse floaters)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Refdg.
Series A, 5% 7/1/01
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Refdg.
Series A, 6% 7/1/05 (AMBAC
Insured)
Washington Washington Pub. Pwr. Supply Sys. 6,500,000 6,621,875
Nuclear Proj. #2 Rev. Rfdg.
(Bonneville Pwr.Administration)
Series B, 5.625% 7/1/12 (MBIA
Insured)
Washington Washington Pub. Pwr. Supply Sys. 1,350,000 664,875
Nuclear Proj. #2 Rev. Rfdg. Series
A, 0% 7/1/11, (MBIA Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Rfdg. Series
A, 6% 7/1/07
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Rfdg. Series
C, 0% 7/1/05
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Series C, 0%
7/1/05, (MBIA Insured)
Washington Washington Pub. Pwr. Supply Sys. 10,000,000 9,887,500
Nuclear Proj. #3 Rev. 5.40% 7/1/12
Washington Washington Pub. Pwr. Supply Sys. 3,000,000 1,766,250
Nuclear Proj. #3 Rev. Rfdg. (Cap.
Appreciation)Series B, 0% 7/1/08
(MBIA Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #3 Rev. Rfdg. Series
B, 7% 7/1/05 (FGICInsured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #3 Rev. Rfdg. Series
B, 7.375% 7/1/04
Washington Washington State Pub. Pwr. Supply
Sys. Nuclear Proj. #1 Rev. Series
A, 7% 7/1/08
Wisconsin Menomonee Falls Wtr. Sys. Rev. 3,375,000 3,531,094
5.875% 12/1/16 (FSA Insured)
Wyoming Natrona County Hosp. Rev. (Wyoming
Med. Ctr. Proj.) 8.125% 9/15/10
Wyoming Wyoming Farm Loan Board Cap. Facs.
Rev. 0% 10/1/04 (Escrowed to
Maturity)
Wyoming Wyoming Farm Loan Board Cap. Facs.
Rev. 0% 10/1/05 (Escrowed to
Maturity)
Wyoming Wyoming Farm Loan Board Cap. Facs.
Rev. 0% 10/1/06 (Escrowed to
Maturity)
Wyoming Wyoming Muni. Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series A,
6.125% 1/1/16 (MBIAInsured)
TOTAL MUNICIPAL
BONDS 914,371,87
9
MUNICIPAL NOTES
Florida Florida Hsg. Fin. Agcy.
Multi-Family Hsg. Rev. Rfdg.
(Brandon-Oxford) Series 90C,4.20%,
VRDN
Illinois Chicago Gen. Oblig. Series 1997,
3.65%, tender 2/5/98, LOC Morgan
Guaranty Trust Co.
Illinois Illinois Dev. Fin. Auth.
Multi-Family Hsg. Rev. Rfdg.
(Garden Glen Apts.) Series
93,4.10%, VRDN
New York Erie County Ind. Dev. Auth. Ind.
Dev. Rev. (The Holling Press,
Inc.) Series 1989 F,4.10%, LOC
Marine Midland Bank, VRDN (AMT)
Texas Texas Gen. Oblig. TRAN Series A,
4.75% 8/31/98
TOTAL MUNICIPAL -
NOTES
CASH EQUIVALENTS
Cash Equivalents Municipal Central Cash Fund
3.8690% 12/5/97 53,262,499 53,262,499
TOTAL INVESTMENTS $
IN SECURITIES - 967,634,37
100% 8
FUTURES CONTRACTS UNDERLYING UNREALIZED
FACE
EXPIRATION DATE AMOUNT AT GAIN/
VALUE (LOSS)
PURCHASED 137 Municipal Bond Future $ $ 226,075
Contracts Dec. 97 16,752,532
PURCHASED 25 Municipal Bond Future Contracts -
Dec. 97
TOTAL FUTURES $ 226,075
CONTRACTS
TOTAL COST OF $
INVESTMENT 939,118,94
SECURITIES 7
SPARTAN MUNICIPAL FUND, SPARTAN SPARTAN
AGGRESSIVE MUNICIPAL FUND & INSURED
SPARTAN INSURED MUNICIPAL INCOME
FUND
INVESTMENTS AT NOVEMBER 30, 1997 MUNICIPAL
(UNAUDITED) INCOME
FUND
PRINCIPAL
AMOUNT VALUE ($)
MUNICIPAL BONDS
Alabama Alabama Bldg. Renovation Fin.
Auth. Rev. 7.45% 9/1/11
Alabama Alabama Mental Health Fin. Auth.
Spl. Tax 7.375% 5/1/09
(Pre-Refunded to 5/1/99 @ 102)
Alabama Cullman Med. Park South Med.
Clinic Board Rev. (Cullman Reg'l.
Med. Ctr.) Series A,6.50% 2/15/23
Alabama Huntsville Gen. Oblig. Rfdg. 2,200,000 2,367,750
Series D, 6% 8/1/08
Alabama Mobile Wtr. & Swr. Commissioners
Wtr. & Swr. Rev. Rfdg. 6.50%
1/1/09
Alaska Alaska Student Ln. Corp. Student
Ln. Rev. Series A, 5.90% 7/1/03
(AMBAC Insured)
Alaska Alaska Student Loan Corp. Student
Loan Rev. (State Assisted) Series
A, 6% 7/1/04(AMBAC Insured) (AMT)
Alaska Alaska Student Loan Corp. Student
Loan Rev. Series A, 5.55% 7/1/03
(AMBAC Insured) AMT
Alaska Alaska Student Loan Corp. Student
Loan Rev. Series A, 5.65% 7/1/04
(AMBAC Insured) AMT
Alaska Alaska Student Loan Corp. Student
Loan Rev. Series A, 7.30% 7/1/00
(AMBAC Insured) AMT
Alaska Alaska Student Loan Rev. Series A,
5.15% 7/1/05 (AMBAC Insured) (AMT)
Alaska North Slope Boro Alaska Series A,
0% 6/30/01 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig.
(Cap. Appreciation) Series A, 0%
6/30/01 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig.
(Cap. Appreciation) Series B, 0%
1/1/02 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig.
(Cap. Appreciation) Series B, 0%
1/1/03 (MBIA Insured)
Alaska North Slope Borough Gen. Oblig.
(Cap. Appreciation) Series B, 0%
6/30/05 (Cap. Guaranty Insured)
Alaska North Slope Borough Gen. Oblig.
Series B, 7.50% 6/30/01 (FSA
Insured)
Alaska Valdez Marine Term. Rev. Rfdg.
(Mobil Oil Co./Alaska Pipeline)
5.75% 11/1/28
Arizona Arizona Trans. Board Excise Tax 2,500,000 2,737,500
Rev. Rfdg. (Maricopa County Reg'l.
Area B) 6% 7/01/05 (AMBAC Insured)
Arizona Arizona Trans. Board Excise Tax
Rev. Rfdg. (Maricopa County Reg'l.
Area) Series A, 6%7/1/03 (AMBAC
Insured)
Arizona Chandler 4.375% 7/1/12 (FGIC
Insured)
Arizona Chandler 7.375% 7/1/09, (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap.
Appreciation) 0% 7/1/05 (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap.
Appreciation) 0% 7/1/06 (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap.
Appreciation) 0% 7/1/07 (FGIC
Insured)
Arizona Chandler Gen. Oblig. Rfdg. (Cap.
Appreciation) 0% 7/1/08 (FGIC
Insured)
Arizona Cochise County Ind. Dev. Auth.
Hosp. Rev. Rfdg. (Sierra Vista
Commty. Hosp. Proj.)Series A,
6.75% 12/1/26
Arizona Maricopa County Hosp. Rev. Rfdg.
(Sun Health Corp.) 5.40% 4/1/05
Arizona Maricopa County Hosp. Rev. Rfdg.
(Sun Health Corp.) 5.65% 4/1/06
Arizona Maricopa County Ind. Dev. Auth.
Hosp. Facs. Rev. Rfdg. (Samaritan
Health Svcs.)Series A, 7% 12/1/16
(MBIA Insured)
Arizona Maricopa County Series C, 8.90%
7/1/99
Arizona Phoenix Gen. Oblig. Rfdg. 6%
7/1/02
Arizona Pima Cnty. Unified School Dist.
Tucson Proj. of 1989 Series G, 8%
7/1/04 (MBIA Insured)
Arizona Pima County Ctfs. Prtn. 4.75%
1/1/04 (MBIA Insured)
Arizona Pima County Ctfs. Prtn. 4.90%
1/1/06 (MBIA Insured)
Arizona Sierra Vista Ind. Dev. Auth. Hosp.
Rev. Rfdg. (Sierra Vista Commty.
Hosp. Proj.)8.75% 12/1/16
(Pre-Refunded to 12/1/98 @ 103)
Arizona Tucson Ltd. Tax Rfdg. 7.50% 7/1/01
Arizona Tucson Wtr. Rev. Series D, 9.75%
7/1/07
Arizona Tucson Wtr. Rev. Series D, 9.75%
7/1/08
Arizona Tucson Wtr. Rev. Series D, 9.75%
7/1/09
Arkansas Arkansas Dev. Fin. Auth. Rev.
(Cap. Asset) Series B, 7.10%
3/1/08
Arkansas Arkansas Gen. Oblig. (College
Savings Prog.)(Cap. Appreciation)
Series C, 0% 6/1/05
Arkansas Arkansas State College Savings
(Cap. Appreciation) Series A, 0%
6/1/03
Arkansas Arkansas State College Savings
(Cap. Appreciation) Series A, 0%
6/1/04
Arkansas Little Rock Arpt. Passenger Facs. 945,000 995,794
Charge Rev. 5.65% 5/1/16 (AMBAC
Insured) (AMT)
Arkansas North Little Rock Elec. Rev. Rfdg.
Series A, 6.50% 7/1/10 (MBIA
Insured)
Arkansas Pulaski County Health Facs. Board
Rev. Rfdg. (Sisters Charity
Nazareth-St. VincentsInfirmary)
6.05% 11/1/09 (MBIA Insured)
Arkansas Rogers Sales & Use Tax Rev. 5%
11/1/15
California California Dept. Wtr. Resources
Central Valley Proj. Rev. (Wtr.
Sys.) Series O, 4.75% 12/1/25
California California Edl. Facs. Auth. Rev.
(Standford Univ.) Series N, 5.20%
12/1/27
California California Gen. Oblig. (Various
Purp.) 6.25% 10/1/19
California California Gen. Oblig. 4.75%
9/1/18 (FSA Insured)
California California Gen. Oblig. 5.125%
10/1/27
California California Gen. Oblig. 5.25%
10/1/13
California California Gen. Oblig. 5.25%
10/1/17
California California Gen. Oblig. 6.30%
9/1/10
California California Gen. Oblig. 7% 10/1/06
California California Gen. Oblig. 7% 10/1/09
California California Gen. Oblig. 7% 3/1/06
California California Gen. Oblig. 7% 8/1/04
California California Hsg. Fin. Agcy. Rev.
(Home Mtg. Single Family) (Cap.
Appreciation)Series 1983 A, 0%
2/1/15
California California Hsg. Fin. Agcy. Rev.
(Home Mtg.) Series B, 5.20% 8/1/26
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev.
(Home Mtg.) Series G, 5.90% 2/1/09
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev.
(Home Mtg.) Series G, 5.90% 8/1/09
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev.
(Home Mtg.) Series R, 6.15% 8/1/27
(MBIA Insured) AMT
California California Hsg. Fin. Agcy. Rev. 1,450,000 1,489,875
Rfdg. (Home Mtg.) Series A, 5.30%
8/1/14 (MBIA Insured)
California California Hsg. Fin. Agcy. Rev.
Rfdg. (Home Mtg.) Series A, 5.70%
8/1/16 (MBIA Insured)
California California Poll. Cont. Fing. Auth.
Resource Recovery Rev. (Waste
Mgmt., Inc.) Series A, 7.15%
2/1/11 (AMT)
California California Pub. Wks Board Lease
Rev. Rfdg. (Dept. of Corrections
State Prison, Montery County
Soledad II) Series D, 5.375%
11/1/13
California California Pub. Wks. Board Lease
Rev. (Commty. College Proj.)
Series A, 6% 10/1/14
California California Pub. Wks. Board Lease
Rev. (Dept. of Corrections State
Prison D-Susanville) 5.375% 6/1/18
California California Pub. Wks. Board Lease
Rev. (Dept. of Corrections State
Prison D-Susanville) Series A,
5.50% 1/1/14 (AMBAC Insured)
California California Pub. Wks. Board Lease
Rev. (Various California State
Univ. Projs.) Series A, 5.50%
6/1/14
California California Pub. Wks. Board Lease
Rev. (Various California Univ.
Proj.) Series A, 5.25% 12/1/13
California California Pub. Wks. Board Lease
Rev. Rfdg. (California Commty.
Colleges) Series D, 5.375% 3/1/12
California California Pub. Wks. Board Lease
Rev. Rfdg. (California Commty.
Colleges) Series D,5.375% 3/1/11
California California Pub. Wks. Board Lease 1,450,000 1,422,813
Rev. Rfdg. (Dept. of Corrections
State Prisons)Series A, 5% 12/1/19
(AMBAC Insured)
California California Pub. Wks. Board Lease
Rev. Rfdg. (State Archives Bldg.
Complex) Series A,5.375% 12/1/10
California California Pub. Wks. Board Lease
Rev. Rfdg. (Various California
State Univ. Projs.)Series A, 5.50%
6/1/10
California California Pub. Wks. Board Lease
Rev. Rfdg.(California Univ. Proj.)
Series A, 5.50% 10/1/13
California California Pub. Wrks Board Lease
Rev. (Various California Univ.
Proj.) Series A, 6.50% 9/1/05
California California Pub. Wrks. Board Lease
Rev. (Various Commty. College
Proj.) Series A, 5.50% 12/1/08
California California Rural Home Mtg. Fin. 1,625,000 1,643,281
Auth. Lease Rev. (Rural Lease
Purp.) Series A, 4.45%8/1/01 (MBIA
Insured)
California California St. Pub. Wks. Board
Lease Rev. (Secretary of State)
Series A, 6% 5/1/13
California California Statewide Commtys. Dev.
Corp. Ctfs. of Prtn. (J. Paul
Getty Trust) 5% 10/1/23
California California Univ. Rev. (Multiple 1,000,000 1,095,000
Purp. Projs.) Series D, 6.10%
9/1/10 (MBIA Insured)
California Castaic lake Wtr. Agcy. Ctfs. of
Prtn. Rfdg. (Wtr. Sys. Impt.
Proj.) Series A, 7.25%8/1/09 (MBIA
Insured)
California Compton Commty. Redev. Agcy. Rfdg. 4,000,000 4,445,000
(Tax Allocation-Campton Redev.)
Series A, 6.50%8/1/13 (FSA
Insured)
California Duarte Ctfs. of Prtn. (City of
Hope Med. Ctr.) 6.25% 4/1/23
California East Bay Muni. Util. Dist. 2,300,000 2,124,625
Wastewtr. Treatment Sys. Rev.
Rfdg. 4.75% 6/1/21 (FGICInsured)
California East Bay Muni. Util. Dist. 1,450,000 1,346,687
Wastewtr. Treatment Sys. Rev.
Rfdg. 4.75% 6/1/21 (FGICInsured)
California East Bay Muni. Util. Dist. Wtr.
Sys. Rev. Rfdg. 6.10% 6/1/07
California Encinitas Union School Dist. (Cap.
Appreciation) 0% 8/1/06 (MBIA
Insured)
California Encinitas Union School Dist. (Cap.
Appreciation) 0% 8/1/07 (MBIA
Insured)
California Encinitas Union School Dist. (Cap.
Appreciation) 0% 8/1/08 (MBIA
Insured)
California Encintas School Dist. 0% 8/1/05
(MBIA Insured)
California Foothill/Eastern Trans. Corridor
Agcy. Toll Rd. Rev. (Cap.
Appreciton) (Sr. Lien)Series A, 0%
1/1/08 (stepped coupon)
California La Quinta Redev. Agcy. Tax
Allocation Rfdg.(Redev. Proj. Area
#1) 7.30% 9/1/12 (MBIAInsured)
California Long Beach Harbor Rev. Refdg.
Series A, 6% 5/15/13 (FGIC
Insured)
California Long Beach Hbr. Rev. 5.125%
5/15/18 (AMT)
California Long Beach Hbr. Rev. 6% 5/15/06
(MBIA Insured) (AMT)
California Long Beach Hbr. Rev. 8% 5/15/04
(MBIA Insured) (AMT)
California Long Beach Hbr. Rev. 8.50% 5/15/03
(MBIA Insured) (AMT)
California Los Angeles County Metropolitan
Trans. Auth. Rev. Rfdg. (Gen.
Union Station) Series A,5.20%
7/1/12 (FSA Insured)
California Los Angeles County Metropolitan
Trans. Auth. Sales Tax Rev.
(Proposition A) 1st TierSr. Series
A, 5.90% 7/1/14 (MBIA Insured)
California Los Angeles County Metropolitan
Trans. Auth. Sales Tax Rev. Rfdg.
(Prop. A-2nd Tier)5.625% 7/1/13
(MBIA Insured)
California Los Angeles County Pub. Wks. Fing.
Auth. Lease Rev. (Multiple Cap.
Facs. Proj. #4)4.75% 2/1/10 (MBIA
Insured)
California Los Angeles County Trans. 2,300,000 2,466,750
Commission Sales Tax Rev.
(Proposistion C) Second Sr. Series
A, 6.25% 7/1/13 (MBIA Insured)
California Los Angeles Wastewtr. Sys. Rev.
Rfdg. Series D, 4.70% 11/1/17
(FGIC Insured)
California Los Angeles Wastewtr. Sys. Rev.
Rfdg. Series D, 4.70% 11/1/19
(FGIC Insured)
California M-S-R Pub. Pwr. Agcy. San Juan 1,685,000 1,830,331
Proj. Rev. Series E, 6.50% 7/1/05
(MBIA Insured)
California Madera County Ctfs. of Prtn.
(Valley Children's Hosp.) 6.25%
3/15/05 (MBIA Insured)
California Metro. Wtr. Dist. of Southern
California Wtrwks. Rev. Series A,
5% 7/1/26
California Metropolitan Wtr. Dist. Southern
California Wtrwks. Rev. Rfdg.
Series B, 4.75% 7/1/21(MBIA
Insured)
California Metropolitan Wtr. Dist. Southern
California Wtrwks. Rev. Series A,
5.75% 7/1/21 (MBIAInsured)
California Northern California Pwr. Agcy.
Pub. Pwr. Rev. Crossover Rfdg.
(Geothermal Proj. #3)Series A,
5.85% 7/1/10 (AMBAC Insured)
California Northern California Pwr. Agcy.
Pub. Pwr. Rev. Rfdg. (Geothermal
Proj. #3) Series A,5.80% 7/1/09
(AMBAC Insured)
California Oceanside Ctfs. of Prtn. Rfdg. 1,350,000 1,505,250
(Oceanside Civic Ctr. Proj.) 6%
8/1/08 (MBIA Insured)
California Pleasant Hill Joint Pwrs. Fing. 1,490,000 1,482,550
Auth. Lease Rev. (Cap. Impt.
Prog.) Series A, 5% 12/1/12 (MBIA
Insured)
California Sacramento City Fing. Auth. Lease 4,000,000 4,120,000
Rev. Rfdg. Series A, 5.375%
11/1/14 (AMBAC Insured)
California Sacramento Cogeneration Auth.
Cogeneration Proj. Rev. (Proctor &
Gamble Proj.) 6.50% 7/1/14
California Sacramento Cogeneration Auth.
Cogeneration Proj. Rev. (Proctor &
Gamble Proj.) 7% 7/1/04
California Sacramento Cogeneration Auth.
Cogeneration Proj. Rev. (Proctor &
Gamble Proj.)6.375% 7/1/10
California Sacramento Pwr. Auth. Cogeneration
Proj. Rev. 6.50% 7/1/07
California Sacramento Pwr. Auth. Cogeneration
Proj. Rev. 6.50% 7/1/09
California San Diego County Reg'l. Trans.
Commission Sales Tax Rev. Second
Sr. Series A, 6.25%4/1/02 (FGIC
Insured)
California San Francisco Bldg. Auth. Lease
Rev. (Dept. Gen. Svcs. Lease)
Series A, 5% 10/1/13
California San Francisco City & County Arpt.
Commission Int'l. Arpt. Rev. 2nd
Series Issue 10A,5.50% 5/1/13
(MBIA Insured) (AMT)
California San Francisco City & County Arpts.
Commission Int'l. Arpt. Rev. Rfdg.
Second Series Issue 1, 6.20%
5/1/05 (AMBAC Insured)
California San Francisco City & County Gen. 3,960,000 4,192,650
Oblig. Rfdg. Series 1, 5.50%
6/15/09 (FGIC Insured)
California San Francisco City & County Swr. 4,000,000 4,300,000
Rev. Rfdg. 5.90% 10/1/07 (AMBAC
Insured)
California San Francisco City & County Swr.
Rev. Rfdg.5.90% 10/1/08 (AMBAC
Insured)
California San Fransicso City & County Arpt.
Commission Int'l. Aprt. Rev. 2nd
Series Issue 10A,5.55% 5/1/14
(MBIA Insured) (AMT)
California San Fransisco City & County Arpts.
Commission Int'l. Arpt. Rev. Rfdg.
Second Series,Issue 2, 6.75%
5/1/13 (MBIA Insured)
California San Jaoquin Hills Trans. Corridor
Agcy. Toll Road Rev. Refdg. Series
A, 0% 1/15/02 (MBIA Insured)
California Santa Clara County Fing. Auth.
Lease Rev. (VMC Replacement Proj.)
Series A, 7.75%11/15/08 (AMBAC
Insured)
California Santa Margarita/Dana Point Auth.
Rev. (Impt. Dists. 1-2 & 2A-8)
Series A 7.25% 8/1/10(MBIA
Insured)
California Santa Margarita/Dana Point Auth.
Rev. Rfdg. (Impt. Dist. 3&3A,4&4A)
Series B, 7.25%8/1/08 (MBIA
Insured)
California Santa Rosa Wastewtr. Rev. Rfdg. &
Sub-Reg'l. Wastewtr. Proj. Series
A, 4.75% 9/1/16(FGIC Insured)
California South Orange County Pub. Fing.
Auth. Spl. Tax Rev. (Foothill
Area) Series C, 7.50%8/15/07 (FGIC
Insured)
California South Orange County Pub. Fing.
Auth. Spl. Tax Rev. (Foothill
Area) Series C, 8%8/15/08 (FGIC
Insured)
California South Orange County Pub. Fing.
Auth. Spl. Tax Rev. Rfdg. (Sr.
Lien) Series A, 7%9/1/11 (MBIA
Insured)
California Southern California Metro. Wtr. 3,375,000 3,240,000
Dist. Wtr. & Sewer Rev. Series A,
5% 7/1/30 (MBIA Insured)
California Southern California Pub. Pwr.
Auth. Pwr. Proj. Rev. Rfdg. (Mead
Adelanto Proj.) Series A, 4.875%
7/1/20 (AMBAC Insured)
California Southern California Pub. Pwr.
Auth. Pwr. Proj. Rev. Rfdg. (Mead
Phoenix Proj.)Series A, 4.875%
7/1/20 (AMBAC Insured)
California Upland Ctfs. of Prtn. Rfdg. (San
Antonio Commty. Hosp.) 5% 1/1/18
California Upland Ctfs. of Prtn. Rfdg. (San
Antonio Commty. Hosp.) 5.25%
1/1/08
California West & Central Basin Fin. Auth.
Series C 5.25% 8/1/08 (AMBAC
Insured)
California West & Central Basin Fin. Auth.
Series C, 5.20% 8/1/07 (AMBAC
Insured)
California West & Central Basin Fing. Auth. 2,750,000 2,708,750
Rev. (West Basin Rfdg. Proj.)
Series A, 5% 8/1/13(AMBAC Insured)
Colorado Adams County School Dist. #12 1,000,000 1,078,750
Thornton Unltd. Tax Rfdg. 6.20%
12/15/10 (FGIC Insured)
Colorado Arapahoe County Cap. Impt. Tr.
Fed. Hwy. Rev. (Cap. Appreciation)
Series E, 0%, 8/31/26(Pre-Refunded
to 8/31/05@ 20.8626
Colorado Arapahoe County Cap. Impt. Trust
Fund Hwy. Rev. Series C, 0%
8/31/15 (Pre-Refunded to8/31/05 @
48.618)
Colorado Aurora Gen. Oblig. Rfdg. 4.75%
11/1/14
Colorado Colorado Health Facs. Auth. Rev.
(Hosp. Sys.-Swedish Med. Ctr.)
Series A, 7.25%10/1/08
(Pre-Refunded to 10/1/00 @ 102)
Colorado Colorado Health Facs. Auth. Rev.
Rfdg. (Rocky Mountain Adventist)
6.25% 2/1/04
Colorado Colorado Health Facs. Auth. Rev.
Rfdg. (Rocky Mountain Adventist)
6.625% 2/1/13
Colorado Colorado Health Facs. Auth. Rev.
Rfdg. (Rocky Mountain Adventist)
6.625% 2/1/22
Colorado Colorado Springs Arpt. Rev. (Cap.
Appreciation) 0% 1/1/06 (MBIA
Insured)
Colorado Colorado Springs Arpt. Rev. (Cap.
Appreciation) Series C, 0% 1/1/02
(MBIA Insured)
Colorado Colorado Springs Arpt. Rev. (Cap.
Appreciation) Series C, 0% 1/1/04
(MBIA Insured)
Colorado Colorado Springs Arpt. Rev. (Cap.
Appreciation) Series C, 0% 1/1/09
(MBIA Insured)
Colorado Colorado Springs Arpt. Rev. (Cap.
Appreciation) Series C, 0% 1/1/10
(MBIA Insured)
Colorado Colorado Univ. Hosp. Auth. Hosp. 1,000,000 1,100,000
Rev. Series A, 6.25% 11/15/12
(AMBAC Insured)
Colorado Colorado Univ. Rev. (Research
Bldg. Revolving Fund) (Biomedical
Research Bldg. Proj.)7% 6/1/09
Colorado Denver City & County Arpt. Rev.
(Cap. Appreciation) Series A, 0%
11/15/02 (MBIA Insured) (AMT)
Colorado Denver City & County Arpt. Rev.
(Cap. Appreciation) Series A, 0%
11/15/05 (MBIA Insured)
Colorado Denver City & County Arpt. Rev.
(Cap. Appreciation) Series D, 0%
10/15/03 (MBIAInsured)
Colorado Denver City & County Arpt. Rev.
(Cap. Appreciation) Series D, 0%
11/15/04 (MBIAInsured)
Colorado Denver City & County Arpt. Rev.
(Cap. Appreciation) Series D, 0%
11/15/05 (MBIAInsured)
Colorado Denver City & County Arpt. Rev.
Rfdg. Series D, 5% 11/15/98 (AMT)
Colorado Denver City & County Arpt. Rev.
Series A, 6.90% 11/15/98 (AMT)
Colorado Denver City & County Arpt. Rev.
Series A, 7% 11/15/99 (AMT)
Colorado Denver City & County Arpt. Rev.
Series C, 6.50% 11/15/06 (AMT)
Colorado Denver City & County Arpt. Rev.
Series D, 7% 11/15/25
Colorado Denver City & County Arpt. Rev.
Series D, 7% 11/15/25
(Pre-Refunded 11/15/01 @ 100)
Colorado Denver City & County Arpt. Rev.
Series D, 7.40% 11/15/01 (AMT)
Colorado Denver City & County School Dist. 10,400,000 6,136,000
#1 Rfdg. (Cap. Appreciation)
Series A, 0% 12/1/08(MBIA Insured)
Colorado Highlands Ranch Metropolitan Dist.
#2 Rfdg. 5.50% 6/15/00 (FSA
Insured)
Colorado Highlands Ranch Metropolitan Dist.
#2 Rfdg. 6% 6/15/03 (FSA Insured)
Colorado Highlands Ranch Metropolitan Dist.
#2 Rfdg. 6.50% 6/15/10 (FSA
Insured)
Colorado Highlands Ranch Metropolitan Dist. 1,000,000 1,163,750
#2 Rfdg. 6.50% 6/15/12 (FSA
Insured)
Colorado Jefferson County Ctfs. of Prtn.
Rfdg. 6.65% 12/1/08 (MBIA Insured)
Colorado Jefferson County Single Family 100,000 107,125
Mtg. Rev. Rfdg. Series 1991-A,
8.875% 10/1/13 (MBIAInsured)
Connecticut Connecticut Health & Ed. Facs.
Auth. Rev. (St. Raphael Hosp.)
5.30% 7/1/10, (AMBAC Insured)
Connecticut Connecticut Health & Edl. Facs.
Auth. Rev. (New Britain Mem.
Hosp.) Series A, 7.75% 7/1/22
Connecticut Connecticut Health & Edl. Facs.
Auth. Rev. (New Britain Mem.
Hosp.) Series A, 7.50%7/1/06
Connecticut Connecticut Health & Edl. Facs.
Auth. Rev. Rfdg. (Quinnipiac
College) Series D, 6% 7/1/13
Connecticut Connecticut Health & Edl. Facs. 3,035,000 3,175,369
Auth. Rev. Rfdg. (St. Raphael
Hosp.) Series H, 5.25%7/1/12
(AMBAC Insured)
Connecticut Connecticut Hsg. Fin. Auth. Hsg.
Mtg. Fin. Prog. Sub-Series B-1,
6.50% 5/15/18
Connecticut Connecticut Resource Recovery 2,100,000 2,176,125
Auth. Rev. Rfdg. Series A, 5.375%
11/15/10 (MBIA Insured)
Connecticut Connecticut Spl. Tax Oblig. Rev. 2,500,000 2,756,250
6% 10/1/06 (MBIA Insured)
Connecticut Eastern Connecticut Resource
Recovery Auth. Solid Waste Rev.
(Wheelabrator LisbonProj.) Series
A, 5% 1/1/24 (AMT)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series A, 5.875% 6/1/05
(AMBAC Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series A-1, 6% 6/1/11 (MBIA
Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series A-3, 5.30% 6/1/04
(AMBAC Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series A-3, 5.40% 6/1/05
(AMBAC Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series B-1, 5.40% 6/1/06
(AMBAC Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series B-3, 5.30% 6/1/05
(MBIA Insured)
District of District of Columbia Gen. Oblig.
Columbia Rfdg. Series C, 5.25% 12/1/03
(FGIC Insured)
District of District of Columbia Gen. Oblig. 3,695,000 3,990,600
Columbia Rfdg. Series D, 6% 6/1/05 (AMBAC
Insured)
District of District of Columbia Hosp. Rev.
Columbia (Hosp. for Sick Children) Series
A, 8.875% 1/1/21
District of District of Columbia Redev. Land
Columbia Agcy. Washington D.C. Sports Arena
Spl. Tax Rev.5.40% 11/1/00
District of District of Columbia Redev. Land
Columbia Agcy. Washington D.C. Sports Arena
Spl. Tax Rev.5.625% 11/1/10
District of District of Columbia Rev. Rfdg.
Columbia (Georgetown Univ.) Series A, 5.95%
4/1/14 (MBIAInsured)
District of District of Columbia Rev. Rfdg. 1,200,000 1,237,500
Columbia (Georgetown Univ.) Series A, 6%
4/1/18 (MBIA Insured)
District of Metropolitan Washington Arpt.
Columbia Auth. Gen. Arpt. Rev. Series A,
7.25% 10/1/10 (FGIC Insured) (AMT)
District of Washington D.C. Metropolitan Area 1,300,000 1,309,750
Columbia Trans. Auth. Gross Rev. Rfdg.
5.25% 7/1/14 (FGICInsured)
Florida Broward County Resource Recovery
Rev. (SES Broward Co. LP South
Proj.) 7.95% 12/1/08
Florida Dade County Aviation Rev. (Miami
Int'l Arpt.) Series B, 6% 10/1/24
(MBIA Insured)
Florida Dade County Seaport Rev. Rfdg. 1,000,000 1,127,500
Series 95, 6.20% 10/1/10 (MBIA
Insured)
Florida Florida Board of Ed. Cap. Outlay
Rfdg. (Pub. Ed.) Series D, 4.75%
6/1/17
Florida Florida Division Fin. Dept. Gen.
Svcs. Rev. (Dept. of Natural
Resources-Preservation2000) Series
A, 6.25% 7/1/10 (MBIA Insured)
Florida Florida Muni. Pwr. Agcy. Rev.
Rfdg. (Stanton II Proj.) 4.50%
10/1/16 (AMBAC Insured)
Florida Florida Muni. Pwr. Agcy. Rev.
Rfdg. (Stanton II Proj.) 4.50%
10/1/27 (AMBAC Insured)
Florida Jacksonville Elec. Auth. Rev. 6%
7/1/01 (Escrowed to Maturity)
Florida Jacksonville Elec. Auth. Rev.
Series 73, 6.80% 7/1/12 (Escrowed
to Maturity)
Florida Jacksonville Health Facs. Auth.
Ind. Dev. Rev. Rfdg. (Cypress
Village Proj.) (Nat'l.Benevolent
Assoc.) 7% 12/1/22
Florida Jacksonville Port Auth. Rev. Rfdg.
(Port Facs.) 5.75% 11/1/09 (MBIA
Insured) (AMT)
Florida Lakeland Elec. & Wtr. Rev. Rfdg.
(Jr. Sub-Lien) 6.50% 10/1/05 (FGIC
Insured)
Florida Orange County Tourist Dev. Tax
Rev. Rfdg. Series A, 6.50% 10/1/10
(AMBAC Insured)
Florida Orlando Util. Commission Wtr. &
Elec. Rev. Series B, 5.25% 10/1/23
Florida Pasco County Solid Waste Disp. &
Resource Recovery Sys. Rev. 6%
4/1/08 (AMBAC Insured) (AMT)
Florida Pasco County Solid Waste Disp. &
Resource Recovery Sys. Rev. 6%
4/1/09 (AMBAC Insured) (AMT)
Florida Tampa Cap. Impt. Prog. Rev. Series
A, 8.25% 10/1/18
Georgia Atlanta Downtown Dev. Auth. Rev. 1,250,000 1,334,375
Rfdg. (Underground Atlanta Proj.)
6.25% 10/1/12
Georgia Atlanta Downtown Dev. Auth. Rev.
Rfdg. (Underground Atlanta Proj.)
6.25% 10/1/16
Georgia Cobb County School Dist 6% 2/1/02
Georgia Fulton County School Dist. Rfdg.
6.375% 5/1/14
Georgia Georgia Gen. Oblig. Impt. Series
B, 7.20% 3/1/05
Georgia Georgia Gen. Oblig. Rfdg. Series 4,535,000 4,977,163
E, 6% 7/1/04
Georgia Georgia Gen. Oblig. Series B,
6.10% 3/1/05
Georgia Georgia Gen. Oblig. Series B,
6.25% 4/1/03
Georgia Georgia Muni. Elec. Pwr. Auth.
Pwr. Rev. Rfdg. Series Z, 5.50%
1/1/12
Georgia Georgia Residential Fin. Auth.
Home Ownership Mtg. (Cap.
Appreciation) Series 1984 B,0%
12/1/15
Hawaii Hawaii Arpts. Sys. Rev. 2nd
Series, 7.50% 7/1/20 (FGIC
Insured)*
Hawaii Hawaii Gen. Oblig. Series CM, 5%
12/1/00 (FGIC Insured)
Hawaii Hawaii Gen. Oblig. Series CM,
5.50% 12/1/02 (FGIC Insured)
Hawaii Hawaii Hsg. Fin. & Dev. Corp.
Single Family Mtg. Rev. Series A,
4.90% 7/1/28 (AMT)
Hawaii Honolulu Hawaii City and County
Rfdg. Series C, 5.50% 11/01/04
(FGIC Insured)
Idaho Boise Urban Renewal Parking Agcy.
Rev. (Tax Increment) Series A, B,
C, 8.125% 9/1/15
Idaho Idaho Falls Elec. Rfdg. 0% 4/1/07,
(FGIC Insured)
Idaho Idaho Falls Rfdg. Elec. 0% 4/1/06
(FGIC Insured)
Idaho Idaho Falls Rfdg. Elec. 0% 4/1/13
(FGIC Insured)
Idaho Idaho Housing Agcy. Single Family
Mtg. Series 1991 B, 7.50% 7/1/24
Illinois Chicago Board of Ed. (Chicago
School Reform) 6.25% 12/1/09 (MBIA
Insured)
Illinois Chicago Board of Ed. (Chicago
School Reform) 6.25% 12/1/11 (MBIA
Insured)
Illinois Chicago Gen. Oblig. Rfdg. Series 5,510,000 5,661,525
A-2, 5.25% 1/1/01 (AMBAC Insured)
Illinois Chicago Gen. Oblig. Rfdg. Series 4,885,000 5,489,519
A-2, 6.25% 1/1/15 (AMBAC Insured)
Illinois Chicago Gen. Oblig. Rfdg. Series
B, 5% 1/1/11 (AMBAC Insured)
Illinois Chicago Ill FGIC Rfdg. Series B,
5.125% 1/1/15 (AMBAC Insured)
Illinois Chicago Midway Arpt. Rev. Series
B, 5.25% 1/1/13 (MBIA Insured)
(AMT)
Illinois Chicago Midway Arpt. Rev. Series
B, 5.25% 1/1/14 (MBIA Insured)
(AMT)
Illinois Chicago Midway Arpt. Rev. Series
B, 6% 1/1/05 (MBIA Insured) (AMT)
Illinois Chicago Midway Arpt. Rev. Series
B, 6% 1/1/08 (MBIA Insured) (AMT)
Illinois Chicago Midway Arpt. Rev. Series
B, 6% 1/1/10 (MBIA Insured) (AMT)
Illinois Chicago Midway Arpt. Rev. Series
B, 6.125% 1/1/11 (MBIA Insured)
(AMT)
Illinois Chicago Motor Fuel Tax Rev. Rfdg.
Series A, 5.375% 1/1/14 (AMBAC
Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev.
(Passenger Facs. Charge) Series A,
5.60% 1/1/10 (AMBAC Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev.
Rfdg. (Gen. Arpt. 2nd Lien) Series
A, 5.50% 1/1/16(AMBAC Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev.
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.25% 1/1/08 (MBIA
Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev.
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.25% 1/1/09
(AMBAC Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev. 1,000,000 1,096,250
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.375% 1/1/12
(MBIA Insured)
Illinois Chicago O'Hare Int'l. Arpt. Rev. 1,200,000 1,305,000
Rfdg. (Gen. Arpt. Proj.) (2nd
Lien) Series A, 6.375% 1/1/15
(MBIA Insured)
Illinois Chicago O'Hare Int'l. Arpt. Spl.
Facs. Rev. (American Airlines,
Inc. Proj.) Series A, 7.875%
11/1/25 (AMT)
Illinois Chicago O'Hare Int'l. Arpt. Spl.
Facs. Rev. (United Airlines, Inc.)
8.25% 5/1/99 (AMT)
Illinois Chicago O'Hare Int'l. Arpt. Spl.
facs. Rev. Rfdg. (Int'l. Term.)
Series A, 7.50%1/1/17 (AMT)
Illinois Chicago Park Dist. Rfdg. 6.25%
1/1/09 (FGIC Insured)
Illinois Chicago Residential Mtg. Rev. 4,765,000 2,102,556
Rfdg. (Cap. Appreciation) Series
B, 0% 10/1/09 (MBIAInsured)
Illinois Chicago Wtr. Rev. 0% 11/1/01 (FGIC
Insured)
Illinois Cooke & Will Counties Township
High School Dist. #206 (Cap.
Appreciation) Series A,0% 12/1/03
(AMBAC Insured) (Escrowed to
Maturity)
Illinois DeKalb Single Family Mtg. Rev.
7.45% 12/1/09, (GNMA Coll.)*
Illinois Illinois Dev. Fin. Auth. Poll.
Cont. Rev. Rfdg. (Commerce Edison
Co. Proj.) Series D,6.75% 3/1/15
(AMBAC Insured)
Illinois Illinois Health Facs. Auth. Rev.
(GlenOaks Med. Ctr.) Series D,
9.50% 11/15/15 (Escrowed to
Maturity)
Illinois Illinois Health Facs. Auth. Rev.
(Mem. Hosp.) 6.875% 5/1/00
Illinois Illinois Health Facs. Auth. Rev.
(Mem. Hosp.) 7.125% 5/1/10
Illinois Illinois Health Facs. Auth. Rev.
Rfdg. (Lutheran Gen. Health Care
Sys.) Series C, 6%4/1/18
Illinois Illinois Health Facs. Auth. Rev.
Rfdg. (Lutheran Gen. Health Care
Sys.) Series C, 7%4/1/14
Illinois Illinois Health Facs. Auth. Rev.
Rfdg. (OSF Healthcare Sys.) 6%
11/15/13
Illinois Illinois Health Facs. Auth. Rev. 3,000,000 3,007,500
Rfdg. (Swedish American Hosp.)
5.375% 11/15/13 (AMBAC Insured)
Illinois Illinois Reg'l. Trans. Auth. 2,045,000 2,627,825
Series C, 7.75% 6/1/13 (FGIC
Insured)
Illinois Illinois Toll Hwy. Auth. Toll Hwy. 1,000,000 1,100,000
Rev. Rfdg. Series A, 6% 1/1/09
(FGIC Insured)
Illinois Lake County Forest Preserve Dist.
Unltd. Tax (Cap. Appreciation) 0%
12/1/07
Illinois Lake County Forest Preserve Dist.
Unltd. Tax (Cap. Appreciation) 0%
12/1/08
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Place Expansion Proj.)
(Cap. Appreciation) Series A, 0%
6/15/08 (MBIA Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
(Cap. Appreciation) Series A, 0%
6/15/08 (FGIC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
(Cap. Appreciation) Series A, 0%
6/15/09 (FGIC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
(Cap. Appreciation) Series A, 0%
6/15/10 (FGIC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Place ExpansionProj.)
Series A, 6.50% 6/15/07 (FGIC
Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Plain Expansion Proj.)
(Cap. Appreciation) Series A, 0%
6/15/12 (FGIC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev.
(McCormick Plane ExpansionProj.)
(Cap. Appreciatiion) Series A, 0%
6/15/12 (FGIC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev. 0%
6/15/00 (AMBAC Insured)
Illinois Metropolitan Pier & Exposition
Auth. Dedicated Tax Rev. Refdg.
(McCormick PlaceExpansion Proj.)
Series A, 5.25% 12/15/10
Illinois Northern Univ. Rev. Auxiliary
Facs. Sys. Rfdg. 6% 4/1/02 (FGIC
Insured)
Indiana Indiana Bond Bank Rev. (State
Revolving Fund Prog.) Series A, 7%
2/1/05
Indiana Indiana Health Facs. Fing. Auth. 2,000,000 2,365,000
Hosp. Rev. Rfdg. (Columbus Reg'l.
Hosp.) 7% 8/15/15(FSA Insured)
Indiana Indiana Health Facs. Fing. Auth.
Hosp. Rev.Rfdg. (Clarian Health
Partners, Inc.) Series A, 5.50%
2/15/16
Indiana Indiana Muni. Pwr. Agcy. Pwr. 2,000,000 2,075,000
Suppply Sys. Rev. Rfdg. Series B,
5.50% 1/1/16 (MBIAInsured)
Indiana Indianapolis Arpt. Auth. Rev. 1,000,000 1,021,250
Rfdg. Series A, 5.60% 7/1/15 (FGIC
Insured)
Indiana Indianapolis Econ. Dev. Rev. Rfdg.
& Impt. (Nat'l. Benevolent Assoc.)
7.625% 10/1/22
Indiana Indianapolis Resource Recovery
Rev. Rfdg. (Ogden Martin Sys. Inc.
Proj.) 6.75% 12/1/06(AMBAC
Insured)
Indiana Jasper County Poll. Cont. Rev. 2,000,000 2,175,000
Rfdg. (Northern Indiana Pub. Svc.)
7.10% 7/1/17 (MBIAInsured)
Kansas Butler County Solid Wste Disposal
Facs Series 1994, 3.45% 8/1/24
Kansas Johnson County Unified School Dist
#512 (Shawnee Mission) 8% 10/1/04
Kansas Johnson County Unified School
Dist. #512 (Shawnee Mission) 8%
10/1/03
Kansas Johnson County Unified School
Dist. #512 (Shawnee Mission) 8%
10/1/05
Kansas Kansas City Util. Sys. Rev. (Cap.
Appreciation) 0% 9/1/10 (AMBAC
Insured)
Kansas Kansas City Util. Sys. Rev. (Cap.
Appreciation) 0% 9/1/10 (AMBAC
Insured) (Escrowed to Maturity)
Kansas Kansas Dept. Trans. Hwy. Rev.
7.25% 3/1/05
Kansas Kansas Tpk. Auth. Tpk. Rev. Rfdg.
(Toll Roads, Bridges & Mass
Transit Proj.) 5.25% 9/1/01 (AMBAC
Insured)
Kansas Kansas Tpk. Auth. Tpk. Rev. Rfdg. 1,750,000 1,804,687
(Toll Roads, Bridges & Mass
Transit Proj.) 5.25% 9/102 (AMBAC
Insured)
Kansas Reno County Mtg. Rev. Rfdg. 475,000 514,188
(Single Family) Series B, 8.70%
9/1/11
Kansas Wichita Hosp. Rev. Series III-A, 6,000,000 6,420,000
6.465% 10/20/17 (MBIA Insured)
Kentucky Jefferson County Cap. Projs. Corp.
Rev. (Muni. Multiple Rfdg. Lease)
Series A, 0%8/15/11
Kentucky Jefferson County Hosp. Rev. 4,000,000 4,355,000
(Alliant Health Sys. Proj.) 6.367%
10/9/08 (FGIC Insured)
Kentucky Kenton County Arpt. Board Arpt.
Rev. Rfdg. (Spl. Facs. Delta
Airlines, Inc. Proj.) Series A,
7.50% 2/1/20 (AMT)
Kentucky Kenton County Arpt. Board Arpt.
Rev. Rfdg. (Cincinnati/Northern
Kentucky Int'l. Arpt.)Series A,
5.65% 3/1/04 (MBIA Insured) (AMT)
Kentucky Kentucky Tpk. Auth. Econ. Dev. 1,630,000 1,733,912
Road Rev. Rfdg. (Revitalization
Proj.) 5.50% 7/1/09(AMBAC Insured)
Kentucky Kentucky Tpk. Auth. Econ. Dev.
Road Rev. Rfdg. (Revitalization)
(Cap. Appreciation) 0% 1/1/02
(FGIC Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev.
Rfdg. Series B, 0% 1/1/08, (AMBAC
Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev.
Series B, 0% 1/1/07 (AMBAC
Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev.
Series B, 0% 1/1/09 (AMBAC
Insured)
Kentucky Owensboro Elec. Lt. & Pwr. Rev.
Series B, 0% 1/1/10 (AMBAC
Insured)
Louisiana Louisiana Gen. Oblig. Rfdg. Series
A 6.0% 8/1/02 (FGIC Insured)
Louisiana Louisiana Gen. Oblig. Series A,
6.75% 5/15/03 (MBIA Insured)
Louisiana Louisiana Gen. Oblig. Series A,
6.75% 5/15/04, (MBIA Insured)
Louisiana Louisianna Offshore Term Auth.
Series B, 7.60% 9/1/10
Louisiana Lousianna Offshore Term Auth.
Series E, 7.60% 9/1/10
(Pre-Refunded 9/1/00 @ 102)
Louisiana Monroe-West Monroe Pub. Trust
Fing. Auth. Mtg. Rev. Rfdg. (Cap.
Appreciation) Series C, 0% 8/20/14
Louisiana New Orleans Gen. Oblig. Rfdg. 3,000,000 1,672,500
(Cap. Appreciation) 0% 9/1/09
(AMBAC Insured)
Louisiana New Orleans Pub. Impt. Unltd. Tax 1,000,000 1,112,500
7% 9/1/19 (FGIC Insured)
(Pre-Refunded to 9/1/02 @100)
Louisiana St. John Baptist Parish Sales Tax
Dist. Rfdg. Series 1989-ST, 7.80%
12/1/14
Maryland Baltimore Consolidated Pub. Impt.
Rfdg. Series A, 7.25% 10/15/04
(FGIC Insured)
Maryland Baltimore Consolidated Pub. Impt.
Series A, 7.25% 10/15/05 (FGIC
Insured)
Maryland Howard County Mtg. Rev.
(Heartlands Elderly Apts. Proj.)
8.875% 12/1/10 (MBIA Insured) (FHA
Guaranteed)
Maryland Maryland Commmty. Dev. Admin.
Dept. of Hsg. & Commty. Dev.
(Single Family Housing) Series B,
5.05% 9/1/19
Maryland Maryland Health & Higher Edl.
Facs. Auth. REv. Refdg. (John
Hopkins Univ.) 5.25% 7/1/17
Maryland Maryland Health & Higher Edl.
Facs. Auth. Rev. Rfdg. (Johns
Hopkins Univ.) 5.125% 7/1/20
Maryland Maryland Health & Higher Edl.
Facs. Auth. Rev. Rfdg. (Johns
Hopkins Univ.) 5.25% 7/1/19
Maryland Montgomery County Gen. Oblig. 2,775,000 2,972,718
Rfdg. (Consolidated Pub. Impt.)
Series A, 5.60% 7/1/04
Maryland Prince George's County Solid Waste
Mgmt. Sys. Rev. Rfdg. 5.25%
6/15/13 (FSA Insured)
Massachusetts Boston Gen. Oblig. Series A, 1,000,000 1,001,250
4.875% 9/1/09 (FSA Insured)
Massachusetts Boston Gen. Oblig. Series A, 1,925,000 1,912,969
4.875% 9/1/11 (FSA Insured)
Massachusetts Boston Metropolitan Dist. Gen. 1,260,000 1,496,250
Oblig. Rfdg. 8% 12/1/03 (MBIA
Insured)
Massachusetts Boston Rev. (Boston City Hosp.)
Series A, 7.625% 2/15/21 (FHA
Guaranteed) (Pre-Refunded to
8/15/00 @ 102)
Massachusetts Boston Rev. Rfdg. (Boston City
Hosp.) 7.15% 8/15/01 (FHA
Guaranteed) (Pre-Refunded
to8/15/00 @ 102)
Massachusetts Haverhill Gen. Oblig. Rfdg. Series 5,000,000 5,450,000
A, 6.70% 9/1/10 (AMBAC Insured)
Massachusetts Holyoke Gen. Oblig. Ltd. Tax 8.15% 2,205,000 2,604,656
6/15/06 (MBIA Insured)
(Pre-Refunded to 6/15/02 &103)
Massachusetts Massachusetts Bay Trans. Auth.
Rfdg. (Gen. Trans. Sys.) Series A,
5.50% 3/1/12
Massachusetts Massachusetts Bay Trans. Auth.
Rfdg. (Gen. Trans. Sys.) Series B,
6.20% 3/1/16
Massachusetts Massachusetts Ed. Loan Auth. Ed.
Loan Rev. Rfdg. Issue E Series B,
6.05% 7/1/08 (AMBACInsured) (AMT)
Massachusetts Massachusetts Ed. Loan Auth. Ed.
Loan Rev. Rfdg. Issue E Series B,
6.15% 7/1/10 (AMBAC Insured) (AMT)
Massachusetts Massachusetts Ed. Loan Auth. Ed.
Loan Rev. Rfdg. Issue E Series B,
6.25% 7/1/11 (AMBAC Insured) (AMT)
Massachusetts Massachusetts Ed. Loan Auth. Ed.
Loan Rev. Rfdg. Issue E Series B,
6.30% 7/1/12 (AMBAC Insured) (AMT)
Massachusetts Massachusetts Edl. Loan Auth.
(Edl. Loan Rev) Issue E, Series B
5.85% 7/1/06 (AMBAC Insured)
Massachusetts Massachusetts Edl. Loan Auth.
(Edl. Loan Rev.) Issue E, Series
B, 5.75% 7/1/05 (AMBACInsured)
Massachusetts Massachusetts Educational Laoan
Auth. (Edl.Loan Rev.) Issue E
Series B, 5.95% 7/1/07 (AMBAC
Insured)
Massachusetts Massachusetts Gen. Oblig.
Consolidated Loan Series A, 5%
1/1/12
Massachusetts Massachusetts Gen. Oblig.
Consolidated LoanSeries A, 6%
6/1/11 (Pre-Refunded to
6/1/01@100)
Massachusetts Massachusetts Gen. Oblig.
Consolidated LoanSeries C, 5.375%
9/1/14 (MBIA Insured)
Massachusetts Massachusetts Gen. Oblig. Rfdg.
Series A, 5.50% 2/1/11 (MBIA
Insured)
Massachusetts Massachusetts Gen. Oblig. Rfdg.
Series A, 6.25% 7/1/03
Massachusetts Massachusetts Gen. Oblig. Rfdg.
Series A, 6.25% 7/1/04
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. (1st. Mtg.) (Fairview
Extended Care)Series A, 10.25%
1/1/21 (Pre-Refunded to 1/1/01 @
103)
Massachusetts Massachusetts Health & Edl. Facs. 6,720,000 7,366,800
Auth. Rev. (Bentley College)
Series H, 6.90% 7/1/21(MBIA
Insured)
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. (New England Med. Ctr.
Hosp.) Series G,5.375% 7/1/24
(MBIA Insured)
Massachusetts Massachusetts Health & Edl. Facs. 1,000,000 1,049,560
Auth. Rev. (Northeastern Univ.)
Series B, 7.60%10/1/10 (AMBAC
Insured)
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. Rfdg. (Baystate Med.
Ctr.) Series D, 5%7/1/12 (FGIC
Insured)
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. Rfdg. (Fairview
Extended Care) Series B,4.55%
7/14/02 (MBIA Insured) LOC
BankBoston N.A.
Massachusetts Massachusetts Health & Edl. Facs.
Auth. Rev. Rfdg. (Harvard Univ.)
Series P, 6.50%11/1/03
Massachusetts Massachusetts Health & Edl. Facs. 2,000,000 2,245,000
Auth. Rev. Rfdg. (Massachusetts
Gen. Hosp.) Series F , 6.25%
7/1/12 (AMBAC Insured)
Massachusetts Massachusetts Hsg. Fin. Agcy. Hsg.
Rev. Rfdg. (Rental) Series A,
6.60% 7/1/14(AMBAC Insured) (AMT)
Massachusetts Massachusetts Hsg. Fin. Agcy. Hsg.
Rev. Rfdg. (Rental) Series A,
6.65% 7/1/19 (AMBACInsured) (AMT)
Massachusetts Massachusetts Ind. Fin. Agcy. Ind.
Rev. (Union Mission Proj.) 9.55%
9/1/26(FHA Guaranteed)
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/04
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/06
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/09
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
(Cap. Appreciation) (Massachusetts
Biomedical Research) Series A-2,
0% 8/1/10
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
(Cap. Appreciation) (Massachusetts
BiomedicalResearch) Series A-2, 0%
8/1/03
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
(Massachusetts Biomedical
Research) Series A-1,7.10% 8/1/99
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
Rfdg. (Atlanticare Med. Ctr.)
Series A, 10.125%11/1/14
Massachusetts Massachusetts Ind. Fin. Agcy. Rev.
Rfdg. (Emerson College) Series A,
8.90% 1/1/18
Massachusetts Massachusetts Muni. Wholesale 1,610,000 1,616,038
Elec. Co. Pwr. Supply Sys. Rev.
Rfdg. 5% 7/1/10 (AMBACInsured)
Massachusetts Massachusetts Muni. Wholesale
Elec. Co. Pwr. Supply Sys. Rev.
Series D, 6% 7/1/06
Massachusetts Massachusetts Tpk. Auth. 2,000,000 1,910,000
Metropolitan Hwy. Sys. Rev. Series
A, 5% 1/1/27 (MBIA Insured)
Massachusetts Massachusetts Tpk. Auth.
Metropolitan Hwy. Sys. Rev. Series
A, 5.125% 1/1/23 (MBIA Insured)
Massachusetts Massachusetts Tpk. Auth.
Metropolitan Hwy. Sys. Rev. Series
B, 5.25% 1/1/17 (MBIA Insured)
Massachusetts Massachusetts Tpk. Auth. Western 3,000,000 3,054,810
Tpk. Rev. Series A, 5.55% 01/1/17
(MBIA Insured)
Massachusetts New England Ed. Loan Marketing
Corp. Rev. Rfdg. (Student Loan)
Series A, 5.70% 7/1/05(AMT)
Massachusetts New England Ed. Loan Marketing
Corp. Rev. Rfdg. (Student Loan)
Series B, 5.40% 6/1/00
Massachusetts New England Ed. Loan Marketing
Corp. Rev. Rfdg. (Student Loan)
Series G, 5% 8/1/00
Massachusetts New England Ed. Loan Marketing
Corp. Rev. Rfdg. (Student Loan)
Series G, 5.20% 8/1/02
Massachusetts Palmer Gen. Oblig. Rfdg. 5.50% 3,000,000 3,082,500
10/1/10 (MBIA Insured)
Michigan Detroit Convention Facs. Rev.
Rfdg. (Cobo Hall Expansion Proj.)
5.25% 9/30/12
Michigan Detroit Hosp. Fin. Auth. Hosp.
Facs. Rev. Rfdg. (Michigan Health
Care Corp. Proj.) 0%12/1/20
Michigan Flint Hosp. Bldg. Auth. Rev.
(Hurley Med. Ctr.) 7.80% 7/1/14
Michigan Flint Michigan Hosp. Bldg. Auth.
Rev. Rfdg. (Hurley Med. Ctr.)
Series A, 6% 7/1/06
Michigan Highland Park Hosp. Fin. Auth.
Hosp. Facs. Rev. (Lakeside Commty.
Hosp. Proj.) 0% 3/1/20
Michigan Highland Park Hosp. Fin. Auth.
Hosp. Facs. Rev. 9.875% 12/1/19
Michigan Jackson County Hosp. Fin. Auth. 2,000,000 1,867,500
Hosp. Rev. Rfdg. (W.A. Foote Mem.
Hosp.) Series A,4.75% 6/1/15 (FGIC
Insured)
Michigan Michigan Bldg. Auth. Rev. Series 1,100,000 1,159,125
II, 6.25% 10/1/20 (MBIA Insured)
Michigan Michigan Hosp. Fin. Auth. Rev.
Rfdg. (Bay Med. Ctr.) Series A,
8.25% 7/1/12
Michigan Michigan Hosp. Fin. Auth. Rev. 3,000,000 3,082,500
Rfdg. (Sisters of Mercy Health
Corp.) 5.375% 8/15/14(MBIA
Insured)
Michigan Michigan Hsg. Dev. Auth. Single
Family Mtg. Rev. Series A, 7.50%
6/1/15
Michigan Michigan Hsg. Dev. Auth. Single
Family Mtg. Rev. Series A, 7.70%
12/1/16
Michigan Michigan Strategic Fund Ltd.
Oblig. Rev. (Mercy Svcs. for Aging
Proj.) 9.40% 5/15/20(Pre-Refunded
to 5/15/00 @ 102)
Michigan Michigan Univ. Rev. Rfdg. (Univ.
Hosp. Proj.) Series A, 5.75%
12/1/12
Michigan Royal Oak Hosp. Fin. Auth. Hosp.
Rev. Rfdg. (William Beaumont
Hosp.) 5.50% 1/1/14
Michigan Royal Oak Hosp. Fin. Auth. Rev.
Rfdg. (William Beaumont Hosp.)
6.25% 1/1/09
Michigan Tawas City Hosp. Fin. Auth. Hosp.
Rev. (St. Joseph Hosp. Proj.)
Series A, 8.50%3/15/12
Michigan Western Townships Util. Auth. Swr.
Disp. Sys. Ltd. Tax 8.20% 1/1/18
Michigan Western Townships Util. Auth. Swr.
Disp. Sys. Rfdg. (Cap.
Appreciation) 0% 1/1/05
(FSAInsured)
Minnesota Centennial Independant School
Dist. #12 Rfdg. Series B, 4.875%
2/1/12 (FGIC Insured)
Minnesota Maplewood Health Care Facs. Rev.
(Healtheast Proj.) 5.80% 11/15/03
Minnesota Minneapolis & St. Paul Hsg. & 1,000,000 938,750
Redev. Auth. Health Care Sys. Rev.
Rfdg. (HealthspanHealth Sys.
Corp.) Series A, 4.75% 11/15/18
(AMBAC Insured)
Minnesota Minneapolis Gen. Oblig. (Cap.
Appreciation) Series B, 0% 12/1/03
Minnesota Minnesota Hsg. Fin. Agcy. (Single
Family Mtg.) Series B, 5.80%
7/1/25 (AMT)
Minnesota Minnesota Univ. Rfdg. 4.80% 5,000,000 5,100,000
8/15/03
Minnesota Northern Muni. Pwr. Agcy. Elec.
Sys. Rev. Rfdg. Series A, 7.25%
1/1/16
Minnesota Rochester Health Care Facs. Rev.
Rfdg. (Mayo Foundation/Mayo Med.
Ctr.) Series I,5.90% 11/15/09
Minnesota Rochester Health Care Facs. Rev.
Rfdg. (Mayo Foundation/Myao Med.
Ctr.) Series I,5.90% 11/15/10
Minnesota St. Cloud Hosp. Facs. Auth. Rev. 2,000,000 2,022,500
Rfdg. (St. Cloud Hosp. Proj.)
Series C, 5.25% 10/1/13(AMBAC
Insured)
Minnesota St. Paul Hgs. & Redevelopment
Auth. Hosp. Rev. Series B, 9.75%
11/1/17
Minnesota Western Minnesota Muni. Pwr. Agcy. 1,890,000 2,060,100
Pwr. Supply Rev. Series B, 6%
1/1/04 (AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr. Agcy.
Rev. Rfdg. Series A, 6.25% 1/1/06
(AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr. Agcy.
Wtr. Supply Rev. Rfdg. Series A,
5.50% 1/1/10 (AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr. Agcy.
Wtr. Supply Rev. Rfdg. Series A,
5.50% 1/1/11 (AMBAC Insured)
Minnesota Western Minnesota Muni. Pwr.
Agncy. Pwr. Supply Rev. Rfdg.
Series A, 5.50% 1/1/12 (AMBAC
Insured)
Mississippi Hinds County Ctfs. of Prtn. (Hinds
County Welfare Dept. Proj.) 7.75%
3/1/09(Pre-Refunded to 3/1/99 @
102)
Mississippi Hinds County Rev. Rfdg.
(Mississipi Methodist Hosp. &
Rehabilitation) 5.60% 5/1/12(AMBAC
Insured)
Mississippi Mississippi Home Corp. Single
Family Rev. Rfdg. Series 1990-A,
9.25% 3/1/12 (FGICInsured)
Missouri Boone County Ind. Dev. Auth. Ind.
Rev. (1st. Mtg.) (Fairview
Extended Care) Series A, 10.125%
1/1/11 (Pre-Refunded to 1/1/01 @
103)
Montana Montana Board of Investment
Payroll Tax (Workers Compensation)
6.875% 6/1/20 (MBIA Insured)
(Escrowed to Maturity)
Montana Montana Board of Investment
Payroll Tax (Workers Compensation)
6.875% 6/1/20 (MBIA Insured)
(Escrowed to Maturity)
Montana Montana Board of Investment
Payroll Tax (Workers Compensation)
6.875% 6/1/20 (MBIA Insured)
(Escrowed to Maturity)
Montana Montana Board of Investment
Payroll Tax (Workers Compensation)
Series 1991, 6.875% 6/1/11(MBIA
Insured) (Escrowed to Maturity)
Montana Montana Coal Severance Tax Rfdg.
(Broadwater Pwr. Proj.) Series A,
6.875% 12/1/11*
Nebraska Douglas County Hosp. Auth. #1 Rev.
Rfdg. (Immanuel Med. Ctr., Inc.)
6.90% 9/1/11(AMBAC Insured)
Nebraska Nebraska Pub. Pwr. Dist. Rev.
(Elec. Sys.) Series A, 6% 1/1/06
Nebraska Nebraska Pub. Pwr. Dist. Rev.
Rfdg. (Pwr. Supply Sys.) Series B,
5.25% 1/1/13 (MBIAInsured)
Nebraska Nebraska Pub. Pwr. Dist. Rev.
Rfdg. (Pwr. Supply Sys.) Series C,
5% 1/1/10 (MBIA Insured)
Nebraska Nebraska Pub. Pwr. Dist. Rev.
Rfdg. (Pwr. Supply Sys.) Series C,
5% 1/1/17
Nebraska Scotts Bluff County Hosp. Auth. #1
Hosp. Rev. Rfdg. (Reg'l. West Med.
Ctr. Proj.)6.45% 12/15/04
Nevada Las Vegas Downtown Redev. Agcy.
Tax Increment Rev. (Sub. Lien
Fremont State Proj.)Series A,
6.10% 6/15/14
New Hampshire New Hampshire Higher Edl. & Health
Facs. Auth. Rev. (1st. Mtg.
Riverwoods at Exeter)9% 3/1/23
(Pre-Refunded to 3/1/03 @ 103)
New Hampshire New Hampshire Higher Edl. & Health
Facs. Auth. Rev. (Littleton Hosp.
Assoc., Inc.)Series A, 9.50%
5/1/20
New Hampshire New Hampshire Tpk. Sys. Rev. Rfdg.
Series A, 7% 11/1/06 (FGIC
Insured)
New Jersey Camden County Muni. Util. Auth.
Swr. Rev. Rfdg. 6% 7/15/06 (FGIC
Insured)
New Jersey New Jersey Econ. Dev. Auth. Econ.
Dev. Rev. Rfdg. (Stolt Term.
Proj.) 10.50% 1/15/18
New Jersey New Jersey Health Care Facs. Fing. 1,635,000 1,908,863
Auth. Rev. (Christ Hosp. Group
Issue) 7% 7/1/06(Connie Lee
Insured)
New Jersey New Jersey Tpk. Auth. Tpk. Rev. 1,000,000 1,152,500
Rfdg. Series C, 6.50% 1/1/09
(AMBAC Insured)
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series A,
5.50% 6/15/11(MBIA Insured)
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series A, 6%
6/15/03(AMBAC Insured)
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series A, 6%
6/15/04 (AMBACInsured)
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series A,
6.50% 6/15/05 (AMBACInsured)
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series B,
5.25% 6/15/12
New Jersey New Jersey Trans. Trust Fund Auth.
Rfdg. (Trans. Sys.) Series B,
6.50% 6/15/10 (MBIAInsured)
New Jersey New Jersey Transit Corp. Series A,
5.40% 9/1/02 (FSA Insured)
New Jersey New Jersey Wastewtr. Treatment
Trust Ref. Series C, 6.25% 5/15/04
(MBIA Insured)
New Jersey Passaic County Util. Auth. Solid
Waste Disp. Rev. Rfdg. (Cap.
Appreciation) 0% 3/1/01 (MBIA
Insured)
New Jersey Warren County Poll. Cont. Fing. 1,000,000 1,085,000
Auth. Resource Recovery Rev. 6.55%
12/1/06 (MBIAInsured)
New Mexico Albuquerque Arpt. Rev. Rdfg. 6.75%
7/1/10 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.25%
7/1/03 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.50%
7/1/08 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.70% 2,500,000 2,793,750
7/1/18 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.75%
7/1/09 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Rfdg. 6.75%
7/1/12 (AMBAC Insured) (AMT)
New Mexico Albuquerque Arpt. Rev. Series A,
6.60% 7/1/16 (AMBAC Insured)
New Mexico Albuquerque Refuse Removal & Disp. 2,500,000 2,606,250
Rev. Rfdg. 5.25% 7/1/09 (AMBAC
Insured)
New Mexico New Mexico Edl. Assistance
Foundation Student Loan Rev.
Series B, 5.25% 4/1/05
(AMBACInsured)
New Mexico New Mexico Univ. Rev. Rfdg. Series
A, 6% 6/1/21
New Mexico Rio Rancho Wtr. & Wastewtr. Sys. 1,600,000 1,668,000
Rev. Series A, 5.90% 5/15/15 (FSA
Insured)
New York Metropolitan Trans. Auth. Commuter
Facs. Rev. Series A, 5.625% 7/1/27
(MBIA Insured)
New York Metropolitan Trans. Auth. Commuter
Facs. Rev. Series A, 6% 7/1/21
(FGIC Insured)
New York Metropolitan Trans. Auth. Facs.
Rev. SeriesA, 6% 7/1/16 (FGIC
Insured)
New York Metropolitan Trans. Auth. Svc.
Contract Commuter Facs. Series O,
5.75% 7/1/08
New York Metropolitan Trans. Auth. Svc.
Contract Commuter Facs. Series O,
5.75% 7/1/08
New York Metropolitan Trans. Auth. Svc.
Contract Commuter Facs. Series O,
5.75% 7/1/13
New York Metropolitan Trans. Auth. Svc.
Contract Transit Rfdg. Series 5,
6.90% 7/1/05
New York Metropolitan Trans. Auth. Svc.
Contract Transit Rfdg. Series 7,
5.40% 7/1/06
New York Metropolitan Trans. Auth. Transit
Facs. Rev. Series A, 5.75% 7/1/21
(MBIA Insured)
New York Metropolitan Trans. Auth.
Transport Facs. Rev. Rfdg. Series
K, 6.30% 7/1/06 (MBIAInsured)
New York Metropolitan Trans. Auth.
Transport Facs. Rev. Rfdg. Series
K, 6.30% 7/1/07 (MBIAInsured)
New York Metropolitan Trans. Auth.
Transport Facs. Rev. Series A,
6.10% 7/1/21 (FSA Insured)
New York New York City Gen. Oblig. Rfdg.
Series A, 6.375% 8/1/05
New York New York City Gen. Oblig. Rfdg.
Series A, 7% 8/1/03
New York New York City Gen. Oblig. Rfdg.
Series B, 5.70% 8/15/02
New York New York City Gen. Oblig. Rfdg.
Series C, 6.50% 8/1/07
New York New York City Gen. Oblig. Rfdg.
Series D, 6.60% 2/1/03
New York New York City Gen. Oblig. Rfdg.
Series E, 5.40% 2/15/03
New York New York City Gen. Oblig. Rfdg.
Series E, 6.50% 2/15/04 (FGIC
Insured)
New York New York City Gen. Oblig. Rfdg.
Series H, 5.40% 8/1/04
New York New York City Gen. Oblig. Rfdg.
Series H, 5.50% 8/1/01
New York New York City Gen. Oblig. Rfdg. 4,000,000 4,420,000
Series H, 6% 8/1/07 (FGIC Insured)
New York New York City Gen. Oblig. Rfdg.
Series H, 7.875% 8/1/00
New York New York City Gen. Oblig. Series
A, 6% 8/1/18 (FSA Insured)
(Escrowed to Maturity)
New York New York City Gen. Oblig. Series
B, 7.50% 2/1/02
New York New York City Gen. Oblig. Series
B, 7.50% 2/1/03
New York New York City Gen. Oblig. Series
B, 7.50% 2/1/04
New York New York City Gen. Oblig. Series
C, 6.40% 8/1/03
New York New York City Gen. Oblig. Series
D, 6.50% 2/15/05
New York New York City Gen. Oblig. Series
F, 6.10% 2/15/02
New York New York City Gen. Oblig. Series
F, 6.10% 2/15/02 (Escrowed to
Maturity)
New York New York City Gen. Oblig. Series
F, 8.10% 11/15/99
New York New York City Gen. Oblig. Series
G, 5.40% 2/1/01
New York New York City Gen. Oblig. Series
G, 5.60% 2/1/02
New York New York City Gen. Oblig. Series
H, 6.90% 2/1/01
New York New York City Gen. Oblig. Series
H, 6.90% 2/1/01 (Escrowed to
Maturity)
New York New York City Gen. Oblig. Series
J, 6% 2/15/04
New York New York City Gen. Oblig. Series
L, 4.75% 8/1/98
New York New York City Ind. Dev. Agcy. Spl.
Facs. Rev. (Term. One Group Assoc.
Proj.) 6% 1/1/08(AMT)
New York New York City Ind. Dev. Auth. 1,000,000 1,063,750
(Japan Airlines Co. Ltd. Proj.)
Series 91 , 6% 11/1/15 (FSA
Insured) LOC Morgan Guaranty Trust
Co. (AMT)
New York New York City Muni. Assistance
Corp. Rfdg. Series E, 6% 7/1/04
New York New York City Muni. Assistance
Corp. Rfdg. Series H, 6% 7/1/05
New York New York City Muni. Assistance
Corp. Rfdg. Series J, 6% 7/1/04
New York New York City Muni. Wtr. Fin.
Auth. Wtr. & Swr. Sys. Rev. Series
B, 5.875% 6/15/26
New York New York City Rfdg. Series B,
5.50% 8/15/01(Escrowed to
Maturity)
New York New York City Trust Cultural
Resources Rev. (American Museum of
Nat'l. History)Series A, 5.65%
4/1/27 (MBIA Insured)
New York New York Gen. Oblig. Series A,
7.75% 8/17/07
New York New York Gen. Oblig. Series B,
5.5% 8/15/01
New York New York State Dorm. Auth. Lease 2,500,000 2,696,875
Rev. Rfdg.(State Univ. Dorm.
Facs.) Series A, 6%7/1/03 (AMBAC
Insured)
New York New York State Dorm. Auth. Rev.
(State Univ. Edl. Facs.) 5.75%
5/15/09
New York New York State Dorm. Auth. Rev.
(Suffolk County Judicial Facs.)
Series A, 9.50% 4/15/14
New York New York State Dorm. Auth. Rev. 2,500,000 2,568,750
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.25% 5/15/15 (AMBAC
Insured)
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/05
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/08
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/10
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.50% 5/15/13
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 5.875% 5/15/11
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A, 6.50% 5/15/04
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series A,5.875% 5/15/17
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series B, 5.25% 5/15/05
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series B, 5.25% 5/15/11
New York New York State Dorm. Auth. Rev.
Rfdg. (State Univ. Edl. Facs.)
Series B, 5.50% 5/15/08
New York New York State Envir. Facs. Corp.
Poll. Cont. Rev. Rfdg. (State Wtr.
Revolving Fund)(New York City
Muni. Wtr.) Series A, 5.75%
6/15/12
New York New York State Local Gov't.
Assistance Corp. (Cap.
Appreciation) Series A, 0% 4/1/08
New York New York State Local Gov't.
Assistance Corp. (Cap.
Appreciation) Series B, 0% 4/1/08
New York New York State Local Gov't.
Assistance Corp. Rfdg. (Cap.
Appreciation) Series C,0% 4/1/13
New York New York State Local Gov't.
Assistance Corp. Rfdg. Series A,
5.375% 4/1/16
New York New York State Local Gov't.
Assistance Corp. Rfdg. Series A,
5.50% 4/1/04 (AMBACInsured)
New York New York State Local Gov't.
Assistance Corp. Rfdg. Series C,
5% 4/1/21
New York New York State Local Gov't. 1,000,000 1,022,500
Assistance Corp. Rfdg. Series C,
5.50% 4/1/17
New York New York State Local Gov't.
Assistance Corp. Rfdg. Series E,
5.25% 4/1/16
New York New York State Local Gov't. 2,000,000 2,180,000
Assistance Corp. Rfdg. Series E,
6% 4/1/14
New York New York State Local Gov't.
Assistance Corp. Series B, 6%
4/1/18
New York New York State Local Gov't.
Assistance Corp. Series C, 6.50%
4/1/15
New York New York State Med. Care Facs. 1,500,000 1,616,250
Fin. Agcy. Rev. (Mtg. Proj.)
Series E, 6.20% 2/15/15(FHA
Guaranteed)
New York New York State Mtg. Agcy. Rev.
(Homeowner Mtg.) Series 48, 6.05%
4/1/17 (AMT)
New York New York State Thruway Auth. Hwy.
& Bridge Trust Fund Series A,
5.80% 4/1/09
New York New York State Thruway Auth. Hwy.
& Bridge Trust Fund Series A,
6.25% 4/1/04 (MBIAInsured)
New York New York State Tollway Auth. Gen.
Rev. (Spl. Oblig.) (Cap.
Appreciation) Series A, 0%1/1/05
New York New York State Urban Dev. Corp. 1,000,000 1,025,000
Rev. Rfdg. (Correctional Facs.)
Series A, 5.10% 1/1/09 (AMBAC
Insured)
New York New York State Urban Dev. Corp.
Rev. Rfdg. (State Facs.) 5.75%
4/1/11
New York Niagara County Ind. Dev. Agcy.
Ind. Dev. Rev. (Wintergarden Inn
Assoc. Proj.)0% 6/1/11
New York Niagara Falls Pub. Impt. 7.50%
3/1/18 (MBIA Insured)
New York Suffolk County Wtr. Auth.
Waterwks. Rev. Rfdg. (Sr, Lien)
5.10% 6/1/09 (MBIA Insured)
New York Triborough Bridge & Tunnel Auth.
Rev. (Convention Ctr. Proj.)
Series E, 7.25% 1/1/10
New York Triborough Bridge & Tunnel Auth.
Rev. (Gen. Purp.) Series A, 4.75%
1/1/19
New York Triborough Bridge & Tunnel Auth.
Rev. Rfdg. (Gen. Purp.) Series Y,
5.50% 1/1/17
New York Triborough Bridge & Tunnel Auth.
Rev. Series A, 5.125% 1/1/22
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
A, 5.50% 1/1/04(MBIA Insured)
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
A, 5.50% 1/1/05(MBIA Insured)
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
B, 7% 1/1/08
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
B, 7.25% 1/1/07
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
C, 5.25% 1/1/04
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
C, 5.50% 1/1/07
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
C, 7% 1/1/07
North Carolina North Carolina Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Series B, 6%
1/1/05
North Carolina North Carolina Eastern Muni. Pwr.
Sys. Elec. & Gas Rev. Rfdg. Series
A, 6.10% 1/1/01
North Carolina North Carolina Muni. Pwr. Agcy. #1
Catawba Elec. Rev. 5.25% 1/1/09
(MBIA Insured)
North Carolina North Carolina Muni. Pwr. Agcy. #1
Catawba Elec. Rev. Rfdg. 6.25%
1/1/17(AMBAC Insured)
North Carolina North Caroline Eastern Muni. Pwr.
Agcy. Pwr. Sys. Rev. Rfdg. Series
A, 6.25% 1/1/03
North Dakota Mercer County Poll. Cont. Rev. 6,500,000 7,938,125
Rfdg. (Antelope Valley
Station/Basin Elec. Pwr. Cooper)
7.20% 6/30/13 (AMBAC Insured)
North Dakota Mercer County Poll. Cont. Rev.
Rfdg. (Montana-Dakota Utils. Co.
Proj.) 6.65% 6/1/22(FGIC Insured)
Ohio Bedford Hosp. Impt. Rev. Rfdg.
(Bedford Commty. Hosp.) Series
1990, 8.50% 5/15/09(Pre-Refunded
to 5/15/00 @ 102)
Ohio Butler County Trans. Impt. Dist. 1,000,000 1,016,250
Series A, 5% 4/1/07 (FSA Insured)
Ohio Cleveland Arpt. Sys. Rev. Series
A, 5.50% 1/1/04 (FSA Insured)
(AMT)
Ohio Cleveland Pub. Pwr. Sys. Rev. 4,000,000 3,835,000
Rfdg. (First Mtg.) Series 1, 5%
11/15/24 (MBIA Insured)
Ohio Euclid City School Dist. (Cap.
Appreciation) 0% 12/1/02, (AMBAC
Insured)
Ohio Euclid City School Dist. (Cap.
Appreciation) 0% 12/1/03, (AMBAC
Insured)
Ohio Marion County Hosp. Impt. Rev.
Rfdg. (Commty. Hosp. Proj.) 5.60%
5/15/01
Ohio Ohio Bldg. Auth. State Facs.
(Adult Correctional) Series A,
5.95% 10/1/14 (MBIA Insured)
Ohio Ohio Bldg. Auth. Workers
Compensation (W. Green Bldg. A)
4.75% 4/1/14
Ohio Ohio Hsg. Fin. Agcy. Mtg.
Residential Rev. Series A-1, 5.30%
9/1/26 (GNMA Coll.) (AMT
Ohio Ohio Hsg. Fin. Agcy. Mtg. Rev.
(Oakleaf-Toledo Apts. Proj.)
10.25% 12/20/25, (GNMA Coll.)
Ohio Ohio Hsg. Fin. Agcy. Mtg. Rev.
4.95% 9/1/20 (AMT)
Ohio Ohio Tpk. Commission Tpk. Rev.
Series A, 5.60% 2/15/12 (MBIA
Insured)
Ohio Ohio Tpk. Commission Tpk. Rev.
Series A, 5.70% 2/15/13 (MBIA
Insured)
Ohio Ohio Tpk. Commission Tpk. Rev.
Series A, 5.70% 2/15/17 (MBIA
Insured)
Ohio Ohio Wtr. Dev. Auth. Poll. Cont.
Facs. Rev. (Wtr. Cont. Loan Fund)
State Match Series,6.50% 12/1/03
(MBIA Insured)
Ohio Ohio Wtr. Dev. Auth. Rev. Rfdg.
(Impt. Pure Wtr. 5.75% 6/1/06
(MBIA Insured)
Oklahoma Oklahoma County Ind. Auth. Rev.
(Epworth Village Proj.) Series A,
10.25% 4/1/19(Pre-Refunded to to
4/1/99 @ 102)
Oklahoma Tulsa Muni. Arpt. Trust Rev.
(American Airlines Corp. Proj.)
7.35% 12/1/11
Oregon Oregon Health Hsg. Edl. & Cultural
Facs. Auth. Rev. Rfdg. (Lewis &
Clark College)Series A, 6% 10/1/13
(MBIA Insured)
Oregon Oregon Health Hsg. Edl. & Cultural
Facs. Auth. Rev. Rfdg. (Lewis &
Clark College)Series A, 6.125%
10/1/24 (MBIA Insured)
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/06
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/07
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/08
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/09
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/10
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/11
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/98
Oregon Port Morrow Poll. Cont. Rev. Rfdg.
(Pacific Northwest) Series A, 8%
7/15/99
Oregon Portland Series B, 7% 6/1/00
Oregon Portland Series B, 7% 6/1/01
Oregon Portland Swr. Sys. Rev. Rfdg.
Series A, 5.25% 3/1/10
Oregon Portland Swr. Sys. Rev. Series A, 1,875,000 2,071,875
6.25% 6/1/15 (Pre-Refunded to
6/1/04 @ 101)
Pennsylvania Allegheny County Hosp. Dev. Auth.
(Univ. of Pittsburg Med. Ctr.)
Series B, 5.125% 7/1/22 (MBIA
Insured)
Pennsylvania Butler County Hosp. Auth. Hosp.
Rev. (North Hills Passavant Hosp.)
Series A, 6.80%6/1/06 (FSA
Insured) (Pre-Refunded to 6/1/01 @
102)
Pennsylvania Cambria County Hosp. Dev. Auth. 1,500,000 1,590,000
Hosp. Rev. Rfdg. & Impt.
(Conemaugh Valley Hosp.)Series B,
6.375% 7/1/18 (Connie Lee Insured)
Pennsylvania Cumberland County Muni. Auth. Rev.
Rfdg. (1st. Mtg.-Carlisle Hosp. &
Health) 6.80%11/15/23
Pennsylvania Delaware County Auth. Rev. (1st.
Mtg. Riddle Village Proj.) 7%
6/1/00 (Escrowed toMaturity)
Pennsylvania Delaware County Auth. Rev. (1st.
Mtg. Riddle Village Proj.) 8.25%
6/1/22 (Escrowed toMaturity)
Pennsylvania Delaware County Auth. Rev. (1st.
Mtg. Riddle Village Proj.) 9.25%
6/1/22 (Pre-Refundedto 6/1/02 @
102)
Pennsylvania Delaware County Auth. Rev. (1st.
Mtg. Riddle Village Proj.) Series
1992, 8.75% 6/1/10 (Pre-Refunded
to 6/1/02 @ 102)
Pennsylvania Delaware County Ind. Dev. Auth.
Rev. Rfdg. (Resource Recovery
Fac.) Series A, 6.10%7/1/13
Pennsylvania Montgomery County Higher Ed. &
Health Auth. Hosp. Rev. (United
Hosp., Inc.) Series A,8.375%
11/1/03 (Pre-Refunded to 11/1/99 @
102)
Pennsylvania Montgomery County Higher Ed. &
Health Auth. Hosp. Rev. (United
Hosp., Inc.) Series B,7.50%
11/1/15 (Pre-Refunded to 11/1/99 @
100)
Pennsylvania Northumberland County Auth.
Commonwealth Lease Rev.
(Correctional Facs.)
(Cap.Appreciation) 0% 10/15/13
(MBIA Insured)
Pennsylvania Pennsylvania Convention Ctr. Auth.
Rev. Rfdg. Series A, 6.60% 9/1/09
(MBIA Insured)
Pennsylvania Pennsylvania Convention Ctr. Auth.
Rev. Rfdg. Series A, 6.70% 9/1/14
(MBIA Insured)
Pennsylvania Pennsylvania Convention Ctr. Auth.
Rev. Rfdg. Series A, 6.75% 9/1/19
Pennsylvania Pennsylvania Convention Ctr. Auth. 2,000,000 2,382,500
Rev. Series A, 6.70% 9/1/16 (FGIC
Insured)(Escrowed to Maturity)
Pennsylvania Pennsylvania Hsg. Fin. Agcy. Rev.
Rfdg. (Single Family Mtg.) Series
54A, 5.375%10/1/28 (AMT)
Pennsylvania Pennsylvania Hsg. Fin. Agcy. Rfdg. 2,000,000 2,192,500
(Multi-Family Section 8) Series C,
8.10% 7/1/13(FHA Guaranteed)
Pennsylvania Pennsylvania Hsg. Fin. Agcy.
Single Family Mtg. Series 44C,
6.65% 10/1/21 (AMT)
Pennsylvania Pennsylvania Hsg. Fin. Agcy. 1,500,000 1,539,375
Single Family Mtg. Series 51,
5.65% 4/1/20 (AMT)
Pennsylvania Philadelphia Gen. Oblig. 6.25%
5/15/11 (MBIA Insured)
Pennsylvania Philadelphia Gen. Oblig. 6.25%
5/15/13 (MBIA Insured)
Pennsylvania Philadelphia Hosp. & Higher Ed.
Facs. Auth. Hosp. Rev. Rfdg.
(Pennsylvania Hosp.)5.95% 7/1/03
Pennsylvania Philadelphia Hosp. & Higher Ed.
Facs. Auth.Hosp. Rev. Rfdg.
(Pennsylvania Hosp.) 5.70% 7/1/01
Pennsylvania Philadelphia Muni. Auth. Rev.
Rfdg. Lease Series D, 6% 7/15/03
Pennsylvania Philadelphia Muni. Auth. Rev.
Rfdg. Series D, 6.125% 7/15/08
Pennsylvania Philadelphia Wtr. & Swr. Rev.
(Cap. Appreciation) 14th Series,
0% 10/1/05 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev. 1,230,000 1,385,288
6.25% 8/1/09 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev.
6.75% 8/1/04 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev.
6.75% 8/1/05 (MBIA Insured)
Pennsylvania Philadelphia Wtr. & Wastewtr. Rev.
Rfdg. 5% 6/15/12 (FGIC Insured)
Pennsylvania Pittsburgh Wtr. & Swr. Auth. Wtr.
& Swr. Sys. Rev. Rfdg. (Cap.
Appreciation) Series A, 0% 9/1/06
(FGIC Insured) (Escrowed to
Maturity)
Pennsylvania Pittsburgh Wtr. & Swr. Auth. Wtr.
& Swr. Sys. Rev. Rfdg. (Cap.
Appreciation) Series A,0% 9/1/04
(FGIC Insured) (Escrowed to
Maturity)
Pennsylvania Pittsburgh Wtr. & Swr. Auth. Wtr.
& Swr. Sys. Rev. Rfdg. Series A,
4.75% 9/1/16 (FGICInsured)
Pennsylvania Southern Pennsylvania Trans. Auth.
Spl. Rev. Series A, 6.50% 3/1/05
(FGIC Insured)
Pennsylvania Wyoming Ind. Dev. Auth. Poll.
Cont. Rev. Rfdg. (Proctor & Gamble
Paper Proj.) 5.55%5/1/10
Rhode Island Rhode Island Depositors Econ.
Protection Corp. Spl. Oblig. Rfdg.
Series A, 5.75%8/1/12 (MBIA
Insured)
South Carolina Charleston County Health Facs.
Rev. Rfdg. (1st. Mtg. Episcopal
Proj.) Series A, 9.75% 4/1/16
(Pre-Refunded to 4/1/01 @ 102)
South Carolina Charleston County Health Facs.
Rev. Rfdg. (1st. Mtg. Episcopal
Proj.) Series B, 9.75% 4/1/16
(Pre-Refunded to 4/1/01 @ 102)
South Carolina Charleston County Resource
Recovery Rev. (Foster Wheeler
Charleston) Series A, 9.25% 1/1/10
(AMT)
South Carolina Lexington County Health Svcs. 3,000,000 3,345,000
Dist. Inc. Hosp. Rev. 7% 10/1/08
(FSA Insured)
South Carolina Piedmont Muni. Pwr. Agcy. Elec.
Rev. Rfdg. 5.50% 1/1/10 (MBIA
Insured)
South Carolina Piedmont Muni. Pwr. Agcy. Elec.
Rev. Rfdg. 5.50% 1/1/10 (MBIA
Insured) (Escrowed toMaturity)
South Carolina Piedmont Muni. Pwr. Agcy. Elec.
Rev. Rfdg. 5.60% 1/1/09 (MBIA
Insured)
South Carolina Piedmont Muni. Pwr. Agcy. Elec.
Rev. Rfdg. 5.60% 1/1/09 (MBIA
Insured) (Escrowed toMaturity)
South Carolina Piedmont Muni. Pwr. Agcy. Elec.
Rev. Rfdg. Series B, 5.25% 1/1/11
(MBIA Insured)
South Carolina Richland County Hosp. Facs. Rev. 1,500,000 1,743,750
(Commty. Provider Pooled Loan
Prog.) Series A, 7.125% 7/1/17
(FSA Insured) (Escrowed to
Maturity)
South Carolina South Carolina Ed. Assistance 1,500,000 1,614,375
Auth. Rev. (Student Loan) 6.40%
9/1/02 (AMT)
South Carolina South Carolina Ed. Assistance 2,000,000 2,155,000
Auth. Rev. (Student Loan) 6.625%
9/1/06 (AMT)
South Carolina South Carolina Gen. Oblig. (State 2,300,000 2,492,625
Cap. Impt.) Series B, 5.75% 8/1/04
South Carolina South Carolina Pub. Svc. Auth. 2,500,000 2,712,500
Rev. Rfdg. Series A, 6.25% 1/1/03
South Carolina South Carolina Pub. Svc. Auth.
Rev. Rfdg. Series A, 6.25% 1/1/04
(MBIA Insured)
South Carolina South Carolina Pub. Svc. Auth.
Rev. Rfdg. Series A, 6.25% 2/1/06
(MBIA Insured)
South Carolina South Carolina Pub. Svc. Auth.
Rev. Rfdg. Series A, 6.375% 7/1/21
(AMBAC Insured)
South Carolina South Carolina Pub. Svc. Auth.
Rev. Rfdg. Series A, 6.50% 1/1/08
(MBIA Insured)
South Dakota South Dakota Lease Rev. Rfdg. 1,000,000 1,145,000
(Trust Cfts.) Series A, 6.625%
9/1/12 (FSA Insured)
South Dakota Spearfish School Dist. #40-2
Unltd. Tax (Lawrence County) 7.30%
7/1/11 (Pre-Refundedto 7/1/01 @
102)
Tennessee Johnson City Elec. Rev. 5.15%
5/1/23 (MBIA Insured)
Tennessee Knox County Health Edl. & Hsg. 2,000,000 2,150,000
Facs. Board Hosp. Facs. Rev. Rfdg.
(Fort SandersAlliance) Series C,
5.75% 1/1/14 (MBIA Insured)
Tennessee Memphis-Shelby County Arpt. Auth.
Arpt. Rev. Rfdg. Series A, 6.25%
2/15/11 (MBIA Insured)
Tennessee Memphis-Shelby County Arpt. Auth.
Arpt. Rev. Rfdg. Series B, 6.50%
2/15/09 (MBIA Insured)
Tennessee Metropolitan Gov't. Nashville & 5,600,000 6,573,000
Davidson County Wtr. & Swr. Rev.
Rfdg. (Cap.Appreciation) 0% 1/1/12
(FGIC Insured) stepped coupon
Tennessee Metropolitan Gov't. Nashville &
Davison County Wtr. & Swr. Rev.
Rfdg. 6% 1/1/07(MBIA Insured)
Tennessee Shelby County Gen. Oblig. Rfdg.
Series A, 6.75% 4/1/04
Tennessee Tennessee Gen. Oblig. Series A, 7%
3/1/03
Texas Allen Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/04 (PSF Guaranteed)
Texas Allen Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/05 (PSF Guaranteed)
Texas Alliance Arpt. Auth. Spl. Facs.
Rev. (American Airlines, Inc.
Proj.) 7% 12/1/11 (AMT)
Texas Alliance Arpt. Auth. Spl. Facs.
Rev. (American Airlines, Inc.
Proj.) 7.50% 12/1/29 AMT
Texas Austin Gen. Oblig. Rfdg. (Pub.
Impt.) (Cap. Appreciation) Series
B, 0% 9/1/98 (MBIAInsured)
Texas Austin Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
8/1/02 (PSF Guaranteed)
Texas Austin Independent School Dist.
School Bldg. 8.125% 8/1/01 (PSF
Guaranteed) (Escrowedto Maturity)
Texas Austin Util. Sys. Rev. (Capital
Appreciation) 0% 11/15/09, (AMBAC
Insured)
Texas Austin Util. Sys. Rev. Rfdg. (Cap. 2,400,000 1,245,000
Appreciation) 0% 11/15/10 (AMBAC
Insured)
Texas Austin Util. Sys. Rev. Rfdg. (Cap.
Appreciation) Series A, 0%
11/15/01 (MBIA Insured)
Texas Austin Util. Sys. Rev. Rfdg.
Series A, 0% 11/15/08, (MBIA
Insured)
Texas Brazos River Auth. Poll. Cont.
Rev. (Texas Utils. Elec. Co.
Proj.) Series A, 8.25% 1/1/19
(AMT)
Texas Brazos River Auth. Poll. Cont.
Rev. (Texas Utils. Elec. Co.)
Series A, 9.25% 3/1/18(AMT)
Texas Cedar Hill Independent School
Dist. Rfdg. (Cap. Appreciation) 0%
8/15/09 (PSFGuaranteed)
Texas Conroe Independent School Dist. 1,000,000 643,750
Rfdg. (Cap. Appreciation) 0%
2/15/07 (PSF Guaranteed)
Texas Conroe Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/09 (PSF Guaranteed)
Texas Conroe Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/10 (PSF Guaranteed)
Texas Conroe Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/11 (PSF Guaranteed)
Texas Conroe Independent School Dist.
Rfdg. (Cap. Appreication) 0%
2/15/08 (PSF Guaranteed)
Texas Corpus Christi Independent. School
Dist. Rfdg. (Cap. Appreciation) 0%
8/15/01 (PSF Guanteed)
Texas Corpus Christi Independent. School
Dist. Rfdg. 0% 8/15/02 (PSF
Guaranteed)
Texas Cypress-Fairbanks Independent
School Dist. Rfdg. Unltd. Tax
(Cap. Appreciation) 0%2/1/04 (PSF
Guaranteed)
Texas Cypress-Fairbanks Independent
School Dist. Rfdg. Unltd. Tax
(Cap. Appreciation)Series A, 0%
2/15/12 (PSF Guaranteed)
Texas Dallas-Fort Worth Reg'l. Arpt.
Rev. Rfdg. (Joint Dallas/Fort
Worth Int'l. Arpt.) 6.50%11/1/05
(FGIC Insured)
Texas Dallas Gen. Oblig. 4.50% 2/15/14
Texas Dallas Gen. Oblig. Ref. (Dallas
Denton & Collin Co.) 6.50% 2/15/03
Texas Dallas Gen. Oblig. Rfdg. (Cap.
Appreciation) 0% 2/15/03
Texas Dallas Hsg. Corp. Cap. Prog. Rev.
Rfdg. (Section 8 Assorted Projs.)
7.70% 8/1/05
Texas Dallas Hsg. Corp. Cap. Prog. Rev.
Rfdg. (Section 8 Assorted Projs.)
7.85% 8/1/13
Texas Dallas Independent School Dist. 3,810,000 2,395,537
Rfdg. (Cap. Appreciation) 0%
8/15/07 (PSF Guaranteed)
Texas El Paso Int'l. Arpt. Rev. 5.12%
8/15/04 (FGIC Insured) (AMT)
Texas El Paso Prop. Fin. Auth. Single
Family Mtg. Rev. Series A, 8.70%
12/1/18, (GNMA Coll.) (AMT)
Texas El Paso Wtr. & Swr. Rev. Rfdg.
(Cap. Appreciation) 0% 3/1/05
(MBIA Insured)
Texas El Paso Wtr. & Swr. Rev. Rfdg.
(Cap. Appreciation) 0% 3/1/06
(MBIA Insured)
Texas Fort Bend Independent School Dist. 2,500,000 2,875,000
Gen. Oblig. 7% 2/15/05 (PSF
Guaranteed)
Texas Garland Independent School Dist.
Series A, 4% 2/15/17
Texas Grapevine-Colleyville Indpt.
School Dist. Rfdg. (Cap.
Appreciation) 0% 8/15/06(PSF
Guaranteed)
Texas Houston Independent. School Dist.
Rfdg. Series A, 0% 8/15/11 (PSF
Guaranteed)
Texas Houston Wtr. & Swr. Sys. Rev.
Rfdg. (Jr. Lien) Series B, 6.25%
12/1/05 (FGIC Insured)
Texas Houston Wtr. & Swr. Sys. Rev. 6,735,000 4,394,587
Rfdg. (Jr. Lien) Series C, 0%
12/1/06 (AMBAC Insured)
Texas Humble Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/07 (Permanent School Fund of
Texas Guaranteed)
Texas Irving Independent School Dist.
(Cap. Appreciation) 0% 2/15/01
(Permanent School Fundof Texas
Guaranteed)
Texas Irving Independent School Dist. 0%
2/15/01
Texas Katy Independent School Dist.
Rfdg. Ltd. Tax (Cap. Appreciation)
Series A, 0% 2/15/07(PSF
Guaranteed)
Texas Katy Indpt. School Dist. Rfdg. 0%
8/15/11 (PSF Guaranteed)
Texas Leander Independant School Dist.
Unltd. Tax 7.50% 8/15/08, (PSF
Guaranteed)
Texas Lower Colorado River Auth. Rev.
Priority Rfdg. (Cap. Appreciation)
0% 1/1/09 (MBIAInsured) (Escrowed
to Maturity)
Texas Lower Colorado River Auth. Rev.
Refdg. 5.25% 1/1/05
Texas Lower Colorado River Auth. Rev.
Rfdg. (Jr. Lien-4th Supplement)
5.25% 1/1/15 (Escrowed to
Maturity)
Texas Lower Neches Valley Auth. Ind.
Dev. Corp. Envir. Rev. (Mobil Oil
Refining Corp. Proj.) 6.35% 4/1/26
(AMT)
Texas Lower Neches Valley Auth. Ind.
Dev. Corp. Swr. Facs. Rev. (Mobil
Oil Refining Corp.Proj.) 6.40%
3/1/30 (AMT)
Texas Matagorda County Navigation Dist. 1,700,000 1,804,125
#1 Rev. Rfdg. (Houston Lt. & Pwr.
Proj.) Series C,7.125% 7/1/19
(FGIC Insured)
Texas Midlothian Indpt. School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/07 (PSF Guaranteed)
Texas Midlothian Indpt. School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/10 (PSF Guaranteed)
Texas Port Arthur Hsg. Fin. Corp. Single
Family Mtg. Rev. Rfdg. 8.70%
3/1/12
Texas Port Dev. Corp. Ind. Dev. Rev.
Rfdg. (Cargill, Inc. Proj.) 7.70%
3/1/07
Texas Round Rock Independent School
Dist. 6.50% 8/1/04 (PSF
Guaranteed)
Texas Round Rock Independent School
Dist. Rfdg. & School Bldg. (Cap.
Appreciation)0% 8/15/09 (MBIA
Insured)
Texas Round Rock Independent School
Dist. Rfdg. 0% 2/15/01 (PSF
Guaranteed)
Texas Round Rock Independent School
Dist. Series A, 7.50% 8/1/03 (PSF
Guaranteed)
Texas Round Rock Indpt. School Dist.
Rfdg. & School Bldg. 0% 8/15/10
(MBIA Insured)
Texas Sabine River Auth. Poll. Cont.
Rev. (Texas Util. Elec. Proj.)
Series B, 8.25% 10/1/20(AMT)
Texas San Antonio Elec. & Gas Rev. 5.75%
2/1/11
Texas San Antonio Elec. & Gas Rev. Rfdg.
(Cap. Appreciation) Series A, 0%
2/1/05 (AMBACInsured)
Texas San Antonio Elec. & Gas Rev. Rfdg.
(Cap. Appreciation) Series B, 0%
2/1/08 (FGICInsured)
Texas San Antonio Elec. & Gas Rev. Rfdg.
(Cap. Appreciation) Series B, 0%
2/1/09, (FGIC Insured)
Texas San Antonio Elec. & Gas Rev. Rfdg. 14,000,000 7,560,000
(Cap. Appreciation) Series B, 0%
2/1/10 (FGICInsured)
Texas San Antonio Elec. & Gas Rev. Rfdg.
5.25% 2/1/10
Texas San Antonio Elec. & Gas Rev. Rfdg.
Series 95, 6.375% 2/1/06
Texas San Antonio Elec. & Gas Rev.
Series B, 6% 2/1/14
Texas San Antonio Gen. Oblig. Impt. 1,920,000 1,279,200
Rfdg. (Cap. Appreciation) Series
C, 0% 8/1/06 (BIG Insured)
Texas San Antonio Wtr. Rev. (Cap.
Appreciation) 0% 5/1/12 (AMBAC
Insured) (Pre-Refunded to5/1/00 @
42.652)
Texas Spring Branch Independent School
Dist. Rfdg. (Cap. Appreciation) 0%
2/1/06 (PSFGuaranteed)
Texas Spring Branch Indpt. School Dist.
Rfdg. 0% 2/1/05
Texas Spring Independent School Dist. 1,500,000 1,479,375
4.875% 8/15/10 (PSF Guaranteed)
Texas Spring Independent School Dist.
Rfdg. (Cap. Appreciation) 0%
2/15/02 (PSF Guaranteed)
Texas Texarkana Health Facs. Dev. Corp.
Hosp. Rev. (Wadley Reg'l. Med.
Ctr. Proj.) 7% 10/1/05 (MBIA
Insured)
Texas Texas A & M Univ. Fing. Sys. Rev.
Rfdg. 5.50% 5/15/02
Texas Texas A&M Univ. Permament Univ.
Fund Rfdg. 5.50% 7/1/04
Texas Texas College Student Loan Gen.
Oblig. 5.80% 8/1/05 (AMT)
Texas Texas Gen. Oblig. Rfdg. (Veterans
Land) 7.40% 12/1/20
Texas Texas Gen. Oblig. Series B, 5.25%
10/1/13
Texas Texas Muni. Pwr. Agcy. Rev. Rfdg.
(Cap. Appreciation) 0% 9/1/04
(AMBAC Insured)
Texas Texas Muni. Pwr. Agcy. Rev. Rfdg.
(Cap. Appreciation) 0% 9/1/05
(AMBAC Insured)
Texas Texas Pub. Fin. Auth. Bldg. Rev.
Rfdg. (Cap. Appreciation) 0%
2/1/09 (MBIA Insured)
Texas Texas Pub. Fin. Auth. Bldg. Rev. 4,400,000 2,128,500
Rfdg. (Cap. Appreciation) Series
1990, 0% 2/1/12(MBIA Insured)
Texas Texas Pub. Fin. Auth. Bldg. Rev.
Series A, 6% 8/1/03 (AMBAC
Insured)
Texas Texas Pub. Fin. Auth. Rfdg. (Cap.
Texas Texas Pub. Fin. Auth. Rfdg. Series
C, 6% 10/1/05 Appreciation) Series
A, 0% 10/1/01 (AMBAC Insured)
Texas Texas TRAN 4.75% 8/31/98
Texas Texas Wtr. Dev. Board Rev. (State
Revolving Fund Sr. Lien) 6.30%
7/15/06
Texas Univ. of Texas Univ. Revs. Rfdg.
(Fing. Sys.) Series A, 6% 8/15/04
Texas Univ. of Texas Univ. Revs. Rfdg.
(Fing. Sys.) Series A, 6% 8/15/05
Texas Winters Wtrwks. & Swr. Sys. Rev.
Rfdg. 8.50% 8/1/17, (Pre-Refunded
to 8/1/03 @ 100)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. (Cap.
Appreciation) Series B, 0% 7/1/00
(MBIA Insured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series A,
6% 7/1/16 (AMBAC Insured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series A,
6.50% 7/1/08 (AMBACInsured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series A,
6.50% 7/1/11, (AMBAC Insured)
Utah Intermountain Pwr. Agcy. Pwr. 5,760,000 6,012,000
Supply Sys. Rev. Rfdg. Series B,
5.75% 7/1/16 (MBIAInsured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series B,
6.25% 7/1/03 (MBIA Insured)
Utah Intermountain Pwr. Agcy. Pwr. 900,000 868,500
Supply Sys. Rev. Rfdg. Series D,
5% 7/1/21 (MBIA Insured)
Utah Intermountain Pwr. Agcy. Pwr.
Supply Sys. Rev. Rfdg. Series G,
0% 7/1/12 (Pre-Refunded to1/1/03 @
101) stepped coupon
Utah Intermountain Pwr. Agcy. Pwr. 3,000,000 3,198,750
Supply Sys. Rev. Rfdg. Spl. Oblig.
Sixth Series B, 6%7/1/16 (MBIA
Insured)
Utah Intermountain Pwr. Agcy. Pwr. 2,000,000 2,240,000
Supply Sys. Rev. Rfdg. Spl. Oblig.
Sixth Series B, 6.50% 7/1/05 (MBIA
Insured)
Utah Intermountain Pwr. Agcy. Pwr. 1,000,000 1,151,250
Supply Sys. Rev. Spl. Oblig. Sixth
Series B, 6.50%7/1/10 (MBIA
Insured)
Utah South Salt Lake City Ind. Rev.
(Price Savers Wholesale Club
Proj.) 9% 11/15/13
Utah Utah Hsg. Fin. Agcy. (Single
Family Mtg.) Series G, 9.25%
7/1/19, (FHA Guaranteed)*
Vermont Vermont Ind. Dev. Auth. Ind. Dev.
Rev. (Radisson Hotel) Series B-1,
7.75% 11/15/15
Vermont Vermont Muni. Bond Bank Series B,
7.20% 12/1/20 (Pre-Refunded to
12/1/99 @ 102)
Virginia Fairfax County Econ. Dev. Auth.
Resource Recovery Rev. (Ogden
Martin Sys. Proj.) Series A, 7.75%
2/1/11 (AMT)
Virginia Loudoun County Ind. Dev. Auth.
Residential Care Facs. Rev.
(Falcons Landing Proj.)Series A,
8.75% 11/1/24
Virginia Loudoun County Ind. Dev. Auth.
Residential Care Facs. Rev.
(Falcons Landing Proj.)Series A,
9.25% 11/1/04
Virginia Lynchburg Ind. Dev. Auth. Hosp.
Facs. 1st. Mtg. Rev. Rfdg.
(Central Health, Inc.)8.125%
1/1/16
Virginia Peninsula Ports Auth. Hosp. Facs.
Rev. Rfdg. (Whittaker Mem. Proj.)
8.70% 8/1/23 (FHAGuaranteed)
Virginia Richmond Gen. Oblig. Rfdg. Series
B, 5.50% 1/15/04 (FGIC Insured)
Virginia Richmond Metropolitan Expressway
Rev. Rfdg. Series A, 6% 7/15/08
(FGIC Insured)
Virginia Richmond Redev. & Hsg. Auth. Mtg.
Rev. (Multi-Family Hsg. Pinebrook
Proj.) 9.25% 10/1/20 (GNMA Coll.)
Virginia Southeastern Pub. Svc. Auth. Rev.
Rfdg. Sr. Series A, 5.25% 7/1/10
(MBIA Insured)
Virginia Upper Occoquan Swr. Auth. Reg'l.
Swr. Rev. Series A, 5.15% 7/1/20
(MBIA Insured)
Virginia Virginia Beach Dev. Auth. Hosp.
Facs. Rev. (Virginia Beach Gen.
Hosp. Proj.) 5.125%2/15/18 (AMBAC
Insured)
Virginia Virginia Beach Dev. Auth. Hosp. 2,150,000 2,356,938
Facs. Rev. (Virginia Beach Gen.
Hosp. Proj.) 6% 2/15/12 (AMBAC
Insured)
Virginia Virginia Beach Dev. Auth. Hosp. 1,460,000 1,598,700
Facs. Rev. (Virginia Beach Gen.
Hosp. Proj.) 6% 2/15/13 (AMBAC
Insured)
Virginia Virginia Commonwealth Gen. Oblig.
5% 6/1/04
Virginia Virginia Commonwealth Trans. Board 5,000,000 4,931,250
Trans. Rev. Rfdg. (U.S. Rte. 58
Corridor Prog.) Series C, 5.125%
5/15/19
Virginia Virginia Hsg. Dev. Auth.
Multi-Family Hsg. Series I, 5.95%
5/1/09 (AMT) 11/1/10
Virginia Virginia Resources Auth. Wtr. &
Swr. Sys. Rev. Series A, 7.70%
Washington Benton County Pub. Util. Dist. #1 1,740,000 1,894,425
Elec. Rev. Rfdg. 6% 11/1/04 (AMBAC
Insured)
Washington Douglas County Pub. Util. Dist. #1
Wells Hydroelec. Rev. Rfdg.
(Pacific Pwr. & Lt. Co.) Series A,
8.75% 9/1/18
Washington King County Gen. Oblig. 5.75%
12/1/11
Washington King County Gen. Oblig. Series D,
5.40% 12/1/06
Washington Port Seattle Rev. Series B, 5.50%
9/1/09 (FGIC Insured) (AMT)
Washington Port Seattle Rev. Series B, 5.60%
9/1/10 (FGIC Insured) (AMT)
Washington Snohomish County School Dist.
#201, 6.75% 12/1/06 (AMBAC
Insured)
Washington Washington Gen Oblig. Series C,
6.50% 7/1/03
Washington Washington Gen. Oblig. (Motor
Vehicle Fuel Tax) Series B, 7%
9/1/05
Washington Washington Gen. Oblig. Rfdg.
Series R-93A, 5.60% 9/1/04
Washington Washington Gen. Oblig. Series
1996-A, 6.75% 7/1/02
Washington Washington Gen. Oblig. Series
R-96C, 6% 7/1/04
Washington Washington Motor Vehicle Fuel Tax
Gen. Oblig. Series B, 6.50% 9/1/03
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #1 Rev. Rfdg.
(Bonneville Pwr.Administration)
Series B, 7% 7/1/08
Washington Washington Pub. Pwr. Supply Sys. 1,500,000 1,636,875
Nuclear Proj. #1 Rev. Rfdg. Series
B, 7.25% 7/1/12(FGIC Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. 5.40% 7/1/12
Washington Washington Pub. Pwr. Supply Sys. 8,000,000 8,190,000
Nuclear Proj. #2 Rev. 5.50% 7/1/10
(FGIC Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. 6.92% 7/1/10
(FGIC Insured)(inverse floaters)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Refdg.
Series A, 5% 7/1/01
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Refdg.
Series A, 6% 7/1/05 (AMBAC
Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Rfdg.
(Bonneville Pwr.Administration)
Series B, 5.625% 7/1/12 (MBIA
Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Rfdg. Series
A, 0% 7/1/11, (MBIA Insured)
Washington Washington Pub. Pwr. Supply Sys. 2,500,000 2,743,750
Nuclear Proj. #2 Rev. Rfdg. Series
A, 6% 7/1/07
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Rfdg. Series
C, 0% 7/1/05
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #2 Rev. Series C, 0%
7/1/05, (MBIA Insured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #3 Rev. 5.40% 7/1/12
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #3 Rev. Rfdg. (Cap.
Appreciation)Series B, 0% 7/1/08
(MBIA Insured)
Washington Washington Pub. Pwr. Supply Sys. 750,000 799,688
Nuclear Proj. #3 Rev. Rfdg. Series
B, 7% 7/1/05 (FGICInsured)
Washington Washington Pub. Pwr. Supply Sys.
Nuclear Proj. #3 Rev. Rfdg. Series
B, 7.375% 7/1/04
Washington Washington State Pub. Pwr. Supply
Sys. Nuclear Proj. #1 Rev. Series
A, 7% 7/1/08
Wisconsin Menomonee Falls Wtr. Sys. Rev.
5.875% 12/1/16 (FSA Insured)
Wyoming Natrona County Hosp. Rev. (Wyoming
Med. Ctr. Proj.) 8.125% 9/15/10
Wyoming Wyoming Farm Loan Board Cap. Facs.
Rev. 0% 10/1/04 (Escrowed to
Maturity)
Wyoming Wyoming Farm Loan Board Cap. Facs.
Rev. 0% 10/1/05 (Escrowed to
Maturity)
Wyoming Wyoming Farm Loan Board Cap. Facs.
Rev. 0% 10/1/06 (Escrowed to
Maturity)
Wyoming Wyoming Muni. Pwr. Agcy. Pwr. 1,500,000 1,591,875
Supply Sys. Rev. Rfdg. Series A,
6.125% 1/1/16 (MBIAInsured)
TOTAL MUNICIPAL
BONDS 317,525,82
7
MUNICIPAL NOTES
Florida Florida Hsg. Fin. Agcy.
Multi-Family Hsg. Rev. Rfdg.
(Brandon-Oxford) Series 90C,4.20%,
VRDN
Illinois Chicago Gen. Oblig. Series 1997, 1,200,000 1,199,664
3.65%, tender 2/5/98, LOC Morgan
Guaranty Trust Co.
Illinois Illinois Dev. Fin. Auth.
Multi-Family Hsg. Rev. Rfdg.
(Garden Glen Apts.) Series
93,4.10%, VRDN
New York Erie County Ind. Dev. Auth. Ind.
Dev. Rev. (The Holling Press,
Inc.) Series 1989 F,4.10%, LOC
Marine Midland Bank, VRDN (AMT)
Texas Texas Gen. Oblig. TRAN Series A,
4.75% 8/31/98
TOTAL MUNICIPAL 1,199,664
NOTES
CASH EQUIVALENTS
Cash Equivalents Municipal Central Cash Fund 9,053,120 9,053,120
3.8690% 12/5/97
TOTAL INVESTMENTS $
IN SECURITIES - 327,778,61
100% 1
FUTURES CONTRACTS UNDERLYING UNREALIZED
FACE
EXPIRATION DATE AMOUNT AT GAIN/
VALUE (LOSS)
PURCHASED 137 Municipal Bond Future $ -
Contracts Dec. 97
PURCHASED 25 Municipal Bond Future Contracts 3,057,031 41,254
Dec. 97
TOTAL FUTURES $ 41,254
CONTRACTS
TOTAL COST OF $
INVESTMENT 309,319,71
SECURITIES 6
SPARTAN MUNICIPAL FUND, SPARTAN COMBINED TOTALS
AGGRESSIVE MUNICIPAL FUND &
SPARTAN INSURED MUNICIPAL INCOME
FUND
INVESTMENTS AT NOVEMBER 30, 1997
(UNAUDITED)
PRINCIPAL
AMOUNT VALUE ($)
MUNICIPAL BONDS
ALABAMA ALABAMA BLDG. RENOVATION FIN. 3,000,000 3,296,250
AUTH. REV. 7.45% 9/1/11
ALABAMA ALABAMA MENTAL HEALTH FIN. AUTH. 3,000,000 3,191,250
SPL. TAX 7.375% 5/1/09
(PRE-REFUNDED TO 5/1/99 @ 102)
ALABAMA CULLMAN MED. PARK SOUTH MED. 4,000,000 4,255,000
CLINIC BOARD REV. (CULLMAN REG'L.
MED. CTR.) SERIES A,6.50% 2/15/23
ALABAMA HUNTSVILLE GEN. OBLIG. RFDG. 2,200,000 2,367,750
SERIES D, 6% 8/1/08
ALABAMA MOBILE WTR. & SWR. COMMISSIONERS 5,100,000 5,533,500
WTR. & SWR. REV. RFDG. 6.50%
1/1/09
ALASKA ALASKA STUDENT LN. CORP. STUDENT 1,070,000 1,122,163
LN. REV. SERIES A, 5.90% 7/1/03
(AMBAC INSURED)
ALASKA ALASKA STUDENT LOAN CORP. STUDENT 2,000,000 2,102,500
LOAN REV. (STATE ASSISTED) SERIES
A, 6% 7/1/04(AMBAC INSURED) (AMT)
ALASKA ALASKA STUDENT LOAN CORP. STUDENT 1,300,000 1,358,500
LOAN REV. SERIES A, 5.55% 7/1/03
(AMBAC INSURED) AMT
ALASKA ALASKA STUDENT LOAN CORP. STUDENT 1,300,000 1,366,625
LOAN REV. SERIES A, 5.65% 7/1/04
(AMBAC INSURED) AMT
ALASKA ALASKA STUDENT LOAN CORP. STUDENT 4,200,000 4,520,250
LOAN REV. SERIES A, 7.30% 7/1/00
(AMBAC INSURED) AMT
ALASKA ALASKA STUDENT LOAN REV. SERIES A, 1,500,000 1,539,375
5.15% 7/1/05 (AMBAC INSURED) (AMT)
ALASKA NORTH SLOPE BORO ALASKA SERIES A, 1,400,000 1,198,750
0% 6/30/01 (MBIA INSURED)
ALASKA NORTH SLOPE BOROUGH GEN. OBLIG. 5,000,000 4,281,250
(CAP. APPRECIATION) SERIES A, 0%
6/30/01 (MBIA INSURED)
ALASKA NORTH SLOPE BOROUGH GEN. OBLIG. 16,000,000 13,340,000
(CAP. APPRECIATION) SERIES B, 0%
1/1/02 (MBIA INSURED)
ALASKA NORTH SLOPE BOROUGH GEN. OBLIG. 9,000,000 7,143,750
(CAP. APPRECIATION) SERIES B, 0%
1/1/03 (MBIA INSURED)
ALASKA NORTH SLOPE BOROUGH GEN. OBLIG. 2,500,000 1,737,500
(CAP. APPRECIATION) SERIES B, 0%
6/30/05 (CAP. GUARANTY INSURED)
ALASKA NORTH SLOPE BOROUGH GEN. OBLIG. 2,000,000 2,212,500
SERIES B, 7.50% 6/30/01 (FSA
INSURED)
ALASKA VALDEZ MARINE TERM. REV. RFDG. 7,000,000 7,113,750
(MOBIL OIL CO./ALASKA PIPELINE)
5.75% 11/1/28
ARIZONA ARIZONA TRANS. BOARD EXCISE TAX 2,500,000 2,737,500
REV. RFDG. (MARICOPA COUNTY REG'L.
AREA B) 6% 7/01/05 (AMBAC INSURED)
ARIZONA ARIZONA TRANS. BOARD EXCISE TAX 500,000 541,875
REV. RFDG. (MARICOPA COUNTY REG'L.
AREA) SERIES A, 6%7/1/03 (AMBAC
INSURED)
ARIZONA CHANDLER 4.375% 7/1/12 (FGIC 1,000,000 926,250
INSURED)
ARIZONA CHANDLER 7.375% 7/1/09, (FGIC 1,000,000 1,237,500
INSURED)
ARIZONA CHANDLER GEN. OBLIG. RFDG. (CAP. 5,700,000 4,004,250
APPRECIATION) 0% 7/1/05 (FGIC
INSURED)
ARIZONA CHANDLER GEN. OBLIG. RFDG. (CAP. 5,700,000 3,811,875
APPRECIATION) 0% 7/1/06 (FGIC
INSURED)
ARIZONA CHANDLER GEN. OBLIG. RFDG. (CAP. 5,700,000 3,619,500
APPRECIATION) 0% 7/1/07 (FGIC
INSURED)
ARIZONA CHANDLER GEN. OBLIG. RFDG. (CAP. 1,700,000 1,020,000
APPRECIATION) 0% 7/1/08 (FGIC
INSURED)
ARIZONA COCHISE COUNTY IND. DEV. AUTH. 2,500,000 2,640,625
HOSP. REV. RFDG. (SIERRA VISTA
COMMTY. HOSP. PROJ.)SERIES A,
6.75% 12/1/26
ARIZONA MARICOPA COUNTY HOSP. REV. RFDG. 2,935,000 2,993,700
(SUN HEALTH CORP.) 5.40% 4/1/05
ARIZONA MARICOPA COUNTY HOSP. REV. RFDG. 3,625,000 3,742,812
(SUN HEALTH CORP.) 5.65% 4/1/06
ARIZONA MARICOPA COUNTY IND. DEV. AUTH. 2,000,000 2,437,500
HOSP. FACS. REV. RFDG. (SAMARITAN
HEALTH SVCS.)SERIES A, 7% 12/1/16
(MBIA INSURED)
ARIZONA MARICOPA COUNTY SERIES C, 8.90% 3,950,000 4,236,375
7/1/99
ARIZONA PHOENIX GEN. OBLIG. RFDG. 6% 1,840,000 1,971,100
7/1/02
ARIZONA PIMA CNTY. UNIFIED SCHOOL DIST. 2,000,000 2,417,500
TUCSON PROJ. OF 1989 SERIES G, 8%
7/1/04 (MBIA INSURED)
ARIZONA PIMA COUNTY CTFS. PRTN. 4.75% 2,060,000 2,098,625
1/1/04 (MBIA INSURED)
ARIZONA PIMA COUNTY CTFS. PRTN. 4.90% 2,000,000 2,047,500
1/1/06 (MBIA INSURED)
ARIZONA SIERRA VISTA IND. DEV. AUTH. HOSP. 4,000,000 4,307,000
REV. RFDG. (SIERRA VISTA COMMTY.
HOSP. PROJ.)8.75% 12/1/16
(PRE-REFUNDED TO 12/1/98 @ 103)
ARIZONA TUCSON LTD. TAX RFDG. 7.50% 7/1/01 2,525,000 2,796,438
ARIZONA TUCSON WTR. REV. SERIES D, 9.75% 500,000 694,375
7/1/07
ARIZONA TUCSON WTR. REV. SERIES D, 9.75% 500,000 709,375
7/1/08
ARIZONA TUCSON WTR. REV. SERIES D, 9.75% 750,000 1,082,813
7/1/09
ARKANSAS ARKANSAS DEV. FIN. AUTH. REV. 4,500,000 4,905,000
(CAP. ASSET) SERIES B, 7.10%
3/1/08
ARKANSAS ARKANSAS GEN. OBLIG. (COLLEGE 2,130,000 1,498,988
SAVINGS PROG.)(CAP. APPRECIATION)
SERIES C, 0% 6/1/05
ARKANSAS ARKANSAS STATE COLLEGE SAVINGS 1,280,000 1,000,000
(CAP. APPRECIATION) SERIES A, 0%
6/1/03
ARKANSAS ARKANSAS STATE COLLEGE SAVINGS 1,110,000 824,175
(CAP. APPRECIATION) SERIES A, 0%
6/1/04
ARKANSAS LITTLE ROCK ARPT. PASSENGER FACS. 2,970,000 3,129,638
CHARGE REV. 5.65% 5/1/16 (AMBAC
INSURED) (AMT)
ARKANSAS NORTH LITTLE ROCK ELEC. REV. RFDG. 3,840,000 4,483,200
SERIES A, 6.50% 7/1/10 (MBIA
INSURED)
ARKANSAS PULASKI COUNTY HEALTH FACS. BOARD 1,750,000 1,951,250
REV. RFDG. (SISTERS CHARITY
NAZARETH-ST. VINCENTSINFIRMARY)
6.05% 11/1/09 (MBIA INSURED)
ARKANSAS ROGERS SALES & USE TAX REV. 5% 2,000,000 2,037,500
11/1/15
CALIFORNIA CALIFORNIA DEPT. WTR. RESOURCES 4,000,000 3,665,000
CENTRAL VALLEY PROJ. REV. (WTR.
SYS.) SERIES O, 4.75% 12/1/25
CALIFORNIA CALIFORNIA EDL. FACS. AUTH. REV. 10,525,000 10,485,531
(STANDFORD UNIV.) SERIES N, 5.20%
12/1/27
CALIFORNIA CALIFORNIA GEN. OBLIG. (VARIOUS 16,060,000 17,485,325
PURP.) 6.25% 10/1/19
CALIFORNIA CALIFORNIA GEN. OBLIG. 4.75% 4,040,000 3,757,200
9/1/18 (FSA INSURED)
CALIFORNIA CALIFORNIA GEN. OBLIG. 5.125% 15,650,000 15,219,625
10/1/27
CALIFORNIA CALIFORNIA GEN. OBLIG. 5.25% 5,000,000 5,050,000
10/1/13
CALIFORNIA CALIFORNIA GEN. OBLIG. 5.25% 1,500,000 1,500,000
10/1/17
CALIFORNIA CALIFORNIA GEN. OBLIG. 6.30% 4,000,000 4,540,000
9/1/10
CALIFORNIA CALIFORNIA GEN. OBLIG. 7% 10/1/06 8,975,000 10,545,625
CALIFORNIA CALIFORNIA GEN. OBLIG. 7% 10/1/09 1,000,000 1,195,000
CALIFORNIA CALIFORNIA GEN. OBLIG. 7% 3/1/06 2,365,000 2,755,225
CALIFORNIA CALIFORNIA GEN. OBLIG. 7% 8/1/04 2,000,000 2,282,500
CALIFORNIA CALIFORNIA HSG. FIN. AGCY. REV. 187,000 36,933
(HOME MTG. SINGLE FAMILY) (CAP.
APPRECIATION)SERIES 1983 A, 0%
2/1/15
CALIFORNIA CALIFORNIA HSG. FIN. AGCY. REV. 2,000,000 2,055,000
(HOME MTG.) SERIES B, 5.20% 8/1/26
(MBIA INSURED) AMT
CALIFORNIA CALIFORNIA HSG. FIN. AGCY. REV. 1,000,000 1,053,750
(HOME MTG.) SERIES G, 5.90% 2/1/09
(MBIA INSURED) AMT
CALIFORNIA CALIFORNIA HSG. FIN. AGCY. REV. 2,000,000 2,107,500
(HOME MTG.) SERIES G, 5.90% 8/1/09
(MBIA INSURED) AMT
CALIFORNIA CALIFORNIA HSG. FIN. AGCY. REV. 4,500,000 4,736,250
(HOME MTG.) SERIES R, 6.15% 8/1/27
(MBIA INSURED) AMT
CALIFORNIA CALIFORNIA HSG. FIN. AGCY. REV. 3,465,000 3,560,287
RFDG. (HOME MTG.) SERIES A, 5.30%
8/1/14 (MBIA INSURED)
CALIFORNIA CALIFORNIA HSG. FIN. AGCY. REV. 2,100,000 2,155,125
RFDG. (HOME MTG.) SERIES A, 5.70%
8/1/16 (MBIA INSURED)
CALIFORNIA CALIFORNIA POLL. CONT. FING. AUTH. 5,235,000 5,699,606
RESOURCE RECOVERY REV. (WASTE
MGMT., INC.) SERIES A, 7.15%
2/1/11 (AMT)
CALIFORNIA CALIFORNIA PUB. WKS BOARD LEASE 2,500,000 2,540,625
REV. RFDG. (DEPT. OF CORRECTIONS
STATE PRISON, MONTERY COUNTY
SOLEDAD II) SERIES D, 5.375%
11/1/13
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 5,000,000 5,312,500
REV. (COMMTY. COLLEGE PROJ.)
SERIES A, 6% 10/1/14
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 1,500,000 1,492,500
REV. (DEPT. OF CORRECTIONS STATE
PRISON D-SUSANVILLE) 5.375% 6/1/18
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 3,750,000 3,839,062
REV. (DEPT. OF CORRECTIONS STATE
PRISON D-SUSANVILLE) SERIES A,
5.50% 1/1/14 (AMBAC INSURED)
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 9,165,000 9,600,338
REV. (VARIOUS CALIFORNIA STATE
UNIV. PROJS.) SERIES A, 5.50%
6/1/14
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 7,500,000 7,509,375
REV. (VARIOUS CALIFORNIA UNIV.
PROJ.) SERIES A, 5.25% 12/1/13
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 1,500,000 1,530,000
REV. RFDG. (CALIFORNIA COMMTY.
COLLEGES) SERIES D, 5.375% 3/1/12
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 3,000,000 3,071,250
REV. RFDG. (CALIFORNIA COMMTY.
COLLEGES) SERIES D,5.375% 3/1/11
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 1,450,000 1,422,813
REV. RFDG. (DEPT. OF CORRECTIONS
STATE PRISONS)SERIES A, 5% 12/1/19
(AMBAC INSURED)
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 5,000,000 5,156,250
REV. RFDG. (STATE ARCHIVES BLDG.
COMPLEX) SERIES A,5.375% 12/1/10
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 18,250,000 19,276,563
REV. RFDG. (VARIOUS CALIFORNIA
STATE UNIV. PROJS.)SERIES A, 5.50%
6/1/10
CALIFORNIA CALIFORNIA PUB. WKS. BOARD LEASE 5,755,000 5,906,069
REV. RFDG.(CALIFORNIA UNIV. PROJ.)
SERIES A, 5.50% 10/1/13
CALIFORNIA CALIFORNIA PUB. WRKS BOARD LEASE 1,155,000 1,296,488
REV. (VARIOUS CALIFORNIA UNIV.
PROJ.) SERIES A, 6.50% 9/1/05
CALIFORNIA CALIFORNIA PUB. WRKS. BOARD LEASE 2,415,000 2,511,600
REV. (VARIOUS COMMTY. COLLEGE
PROJ.) SERIES A, 5.50% 12/1/08
CALIFORNIA CALIFORNIA RURAL HOME MTG. FIN. 10,625,000 10,744,531
AUTH. LEASE REV. (RURAL LEASE
PURP.) SERIES A, 4.45%8/1/01 (MBIA
INSURED)
CALIFORNIA CALIFORNIA ST. PUB. WKS. BOARD 3,500,000 3,696,875
LEASE REV. (SECRETARY OF STATE)
SERIES A, 6% 5/1/13
CALIFORNIA CALIFORNIA STATEWIDE COMMTYS. DEV. 5,195,000 4,948,238
CORP. CTFS. OF PRTN. (J. PAUL
GETTY TRUST) 5% 10/1/23
CALIFORNIA CALIFORNIA UNIV. REV. (MULTIPLE 3,000,000 3,285,000
PURP. PROJS.) SERIES D, 6.10%
9/1/10 (MBIA INSURED)
CALIFORNIA CASTAIC LAKE WTR. AGCY. CTFS. OF 1,800,000 2,187,000
PRTN. RFDG. (WTR. SYS. IMPT.
PROJ.) SERIES A, 7.25%8/1/09 (MBIA
INSURED)
CALIFORNIA COMPTON COMMTY. REDEV. AGCY. RFDG. 4,000,000 4,445,000
(TAX ALLOCATION-CAMPTON REDEV.)
SERIES A, 6.50%8/1/13 (FSA
INSURED)
CALIFORNIA DUARTE CTFS. OF PRTN. (CITY OF 22,250,000 23,306,875
HOPE MED. CTR.) 6.25% 4/1/23
CALIFORNIA EAST BAY MUNI. UTIL. DIST. 2,300,000 2,124,625
WASTEWTR. TREATMENT SYS. REV.
RFDG. 4.75% 6/1/21 (FGICINSURED)
CALIFORNIA EAST BAY MUNI. UTIL. DIST. 1,450,000 1,346,687
WASTEWTR. TREATMENT SYS. REV.
RFDG. 4.75% 6/1/21 (FGICINSURED)
CALIFORNIA EAST BAY MUNI. UTIL. DIST. WTR. 1,250,000 1,348,438
SYS. REV. RFDG. 6.10% 6/1/07
CALIFORNIA ENCINITAS UNION SCHOOL DIST. (CAP. 1,000,000 670,000
APPRECIATION) 0% 8/1/06 (MBIA
INSURED)
CALIFORNIA ENCINITAS UNION SCHOOL DIST. (CAP. 1,500,000 950,625
APPRECIATION) 0% 8/1/07 (MBIA
INSURED)
CALIFORNIA ENCINITAS UNION SCHOOL DIST. (CAP. 1,250,000 746,875
APPRECIATION) 0% 8/1/08 (MBIA
INSURED)
CALIFORNIA ENCINTAS SCHOOL DIST. 0% 8/1/05 1,500,000 1,059,375
(MBIA INSURED)
CALIFORNIA FOOTHILL/EASTERN TRANS. CORRIDOR 4,000,000 2,840,000
AGCY. TOLL RD. REV. (CAP.
APPRECITON) (SR. LIEN)SERIES A, 0%
1/1/08 (STEPPED COUPON)
CALIFORNIA LA QUINTA REDEV. AGCY. TAX 470,000 582,213
ALLOCATION RFDG.(REDEV. PROJ. AREA
#1) 7.30% 9/1/12 (MBIAINSURED)
CALIFORNIA LONG BEACH HARBOR REV. REFDG. 6,700,000 7,261,125
SERIES A, 6% 5/15/13 (FGIC
INSURED)
CALIFORNIA LONG BEACH HBR. REV. 5.125% 5,000,000 4,831,250
5/15/18 (AMT)
CALIFORNIA LONG BEACH HBR. REV. 6% 5/15/06 3,000,000 3,288,750
(MBIA INSURED) (AMT)
CALIFORNIA LONG BEACH HBR. REV. 8% 5/15/04 6,305,000 7,518,713
(MBIA INSURED) (AMT)
CALIFORNIA LONG BEACH HBR. REV. 8.50% 5/15/03 6,235,000 7,435,238
(MBIA INSURED) (AMT)
CALIFORNIA LOS ANGELES COUNTY METROPOLITAN 4,355,000 4,409,438
TRANS. AUTH. REV. RFDG. (GEN.
UNION STATION) SERIES A,5.20%
7/1/12 (FSA INSURED)
CALIFORNIA LOS ANGELES COUNTY METROPOLITAN 2,245,000 2,374,088
TRANS. AUTH. SALES TAX REV.
(PROPOSITION A) 1ST TIERSR. SERIES
A, 5.90% 7/1/14 (MBIA INSURED)
CALIFORNIA LOS ANGELES COUNTY METROPOLITAN 3,380,000 3,523,650
TRANS. AUTH. SALES TAX REV. RFDG.
(PROP. A-2ND TIER)5.625% 7/1/13
(MBIA INSURED)
CALIFORNIA LOS ANGELES COUNTY PUB. WKS. FING. 6,000,000 5,850,000
AUTH. LEASE REV. (MULTIPLE CAP.
FACS. PROJ. #4)4.75% 2/1/10 (MBIA
INSURED)
CALIFORNIA LOS ANGELES COUNTY TRANS. 2,300,000 2,466,750
COMMISSION SALES TAX REV.
(PROPOSISTION C) SECOND SR. SERIES
A, 6.25% 7/1/13 (MBIA INSURED)
CALIFORNIA LOS ANGELES WASTEWTR. SYS. REV. 8,330,000 7,642,775
RFDG. SERIES D, 4.70% 11/1/17
(FGIC INSURED)
CALIFORNIA LOS ANGELES WASTEWTR. SYS. REV. 10,000,000 9,075,000
RFDG. SERIES D, 4.70% 11/1/19
(FGIC INSURED)
CALIFORNIA M-S-R PUB. PWR. AGCY. SAN JUAN 1,685,000 1,830,331
PROJ. REV. SERIES E, 6.50% 7/1/05
(MBIA INSURED)
CALIFORNIA MADERA COUNTY CTFS. OF PRTN. 1,000,000 1,106,250
(VALLEY CHILDREN'S HOSP.) 6.25%
3/15/05 (MBIA INSURED)
CALIFORNIA METRO. WTR. DIST. OF SOUTHERN 18,430,000 17,761,912
CALIFORNIA WTRWKS. REV. SERIES A,
5% 7/1/26
CALIFORNIA METROPOLITAN WTR. DIST. SOUTHERN 8,770,000 8,112,250
CALIFORNIA WTRWKS. REV. RFDG.
SERIES B, 4.75% 7/1/21(MBIA
INSURED)
CALIFORNIA METROPOLITAN WTR. DIST. SOUTHERN 2,000,000 2,075,000
CALIFORNIA WTRWKS. REV. SERIES A,
5.75% 7/1/21 (MBIAINSURED)
CALIFORNIA NORTHERN CALIFORNIA PWR. AGCY. 4,000,000 4,370,000
PUB. PWR. REV. CROSSOVER RFDG.
(GEOTHERMAL PROJ. #3)SERIES A,
5.85% 7/1/10 (AMBAC INSURED)
CALIFORNIA NORTHERN CALIFORNIA PWR. AGCY. 6,000,000 6,547,500
PUB. PWR. REV. RFDG. (GEOTHERMAL
PROJ. #3) SERIES A,5.80% 7/1/09
(AMBAC INSURED)
CALIFORNIA OCEANSIDE CTFS. OF PRTN. RFDG. 1,350,000 1,505,250
(OCEANSIDE CIVIC CTR. PROJ.) 6%
8/1/08 (MBIA INSURED)
CALIFORNIA PLEASANT HILL JOINT PWRS. FING. 1,490,000 1,482,550
AUTH. LEASE REV. (CAP. IMPT.
PROG.) SERIES A, 5% 12/1/12 (MBIA
INSURED)
CALIFORNIA SACRAMENTO CITY FING. AUTH. LEASE 4,000,000 4,120,000
REV. RFDG. SERIES A, 5.375%
11/1/14 (AMBAC INSURED)
CALIFORNIA SACRAMENTO COGENERATION AUTH. 500,000 541,250
COGENERATION PROJ. REV. (PROCTOR &
GAMBLE PROJ.) 6.50% 7/1/14
CALIFORNIA SACRAMENTO COGENERATION AUTH. 1,200,000 1,348,500
COGENERATION PROJ. REV. (PROCTOR &
GAMBLE PROJ.) 7% 7/1/04
CALIFORNIA SACRAMENTO COGENERATION AUTH. 1,500,000 1,627,500
COGENERATION PROJ. REV. (PROCTOR &
GAMBLE PROJ.)6.375% 7/1/10
CALIFORNIA SACRAMENTO PWR. AUTH. COGENERATION 1,000,000 1,108,750
PROJ. REV. 6.50% 7/1/07
CALIFORNIA SACRAMENTO PWR. AUTH. COGENERATION 2,200,000 2,392,500
PROJ. REV. 6.50% 7/1/09
CALIFORNIA SAN DIEGO COUNTY REG'L. TRANS. 1,100,000 1,186,625
COMMISSION SALES TAX REV. SECOND
SR. SERIES A, 6.25%4/1/02 (FGIC
INSURED)
CALIFORNIA SAN FRANCISCO BLDG. AUTH. LEASE 5,500,000 5,369,375
REV. (DEPT. GEN. SVCS. LEASE)
SERIES A, 5% 10/1/13
CALIFORNIA SAN FRANCISCO CITY & COUNTY ARPT. 5,955,000 6,051,769
COMMISSION INT'L. ARPT. REV. 2ND
SERIES ISSUE 10A,5.50% 5/1/13
(MBIA INSURED) (AMT)
CALIFORNIA SAN FRANCISCO CITY & COUNTY ARPTS. 2,330,000 2,536,788
COMMISSION INT'L. ARPT. REV. RFDG.
SECOND SERIES ISSUE 1, 6.20%
5/1/05 (AMBAC INSURED)
CALIFORNIA SAN FRANCISCO CITY & COUNTY GEN. 3,960,000 4,192,650
OBLIG. RFDG. SERIES 1, 5.50%
6/15/09 (FGIC INSURED)
CALIFORNIA SAN FRANCISCO CITY & COUNTY SWR. 4,000,000 4,300,000
REV. RFDG. 5.90% 10/1/07 (AMBAC
INSURED)
CALIFORNIA SAN FRANCISCO CITY & COUNTY SWR. 10,000,000 10,700,000
REV. RFDG.5.90% 10/1/08 (AMBAC
INSURED)
CALIFORNIA SAN FRANSICSO CITY & COUNTY ARPT. 5,875,000 5,970,469
COMMISSION INT'L. APRT. REV. 2ND
SERIES ISSUE 10A,5.55% 5/1/14
(MBIA INSURED) (AMT)
CALIFORNIA SAN FRANSISCO CITY & COUNTY ARPTS. 1,000,000 1,120,000
COMMISSION INT'L. ARPT. REV. RFDG.
SECOND SERIES,ISSUE 2, 6.75%
5/1/13 (MBIA INSURED)
CALIFORNIA SAN JAOQUIN HILLS TRANS. CORRIDOR 12,200,000 10,202,250
AGCY. TOLL ROAD REV. REFDG. SERIES
A, 0% 1/15/02 (MBIA INSURED)
CALIFORNIA SANTA CLARA COUNTY FING. AUTH. 1,000,000 1,257,500
LEASE REV. (VMC REPLACEMENT PROJ.)
SERIES A, 7.75%11/15/08 (AMBAC
INSURED)
CALIFORNIA SANTA MARGARITA/DANA POINT AUTH. 1,045,000 1,278,819
REV. (IMPT. DISTS. 1-2 & 2A-8)
SERIES A 7.25% 8/1/10(MBIA
INSURED)
CALIFORNIA SANTA MARGARITA/DANA POINT AUTH. 1,770,000 2,150,550
REV. RFDG. (IMPT. DIST. 3&3A,4&4A)
SERIES B, 7.25%8/1/08 (MBIA
INSURED)
CALIFORNIA SANTA ROSA WASTEWTR. REV. RFDG. & 4,000,000 3,745,000
SUB-REG'L. WASTEWTR. PROJ. SERIES
A, 4.75% 9/1/16(FGIC INSURED)
CALIFORNIA SOUTH ORANGE COUNTY PUB. FING. 2,500,000 3,059,375
AUTH. SPL. TAX REV. (FOOTHILL
AREA) SERIES C, 7.50%8/15/07 (FGIC
INSURED)
CALIFORNIA SOUTH ORANGE COUNTY PUB. FING. 2,500,000 3,184,375
AUTH. SPL. TAX REV. (FOOTHILL
AREA) SERIES C, 8%8/15/08 (FGIC
INSURED)
CALIFORNIA SOUTH ORANGE COUNTY PUB. FING. 3,490,000 4,192,363
AUTH. SPL. TAX REV. RFDG. (SR.
LIEN) SERIES A, 7%9/1/11 (MBIA
INSURED)
CALIFORNIA SOUTHERN CALIFORNIA METRO. WTR. 3,375,000 3,240,000
DIST. WTR. & SEWER REV. SERIES A,
5% 7/1/30 (MBIA INSURED)
CALIFORNIA SOUTHERN CALIFORNIA PUB. PWR. 1,500,000 1,393,125
AUTH. PWR. PROJ. REV. RFDG. (MEAD
ADELANTO PROJ.) SERIES A, 4.875%
7/1/20 (AMBAC INSURED)
CALIFORNIA SOUTHERN CALIFORNIA PUB. PWR. 4,640,000 4,309,400
AUTH. PWR. PROJ. REV. RFDG. (MEAD
PHOENIX PROJ.)SERIES A, 4.875%
7/1/20 (AMBAC INSURED)
CALIFORNIA UPLAND CTFS. OF PRTN. RFDG. (SAN 3,000,000 2,816,250
ANTONIO COMMTY. HOSP.) 5% 1/1/18
CALIFORNIA UPLAND CTFS. OF PRTN. RFDG. (SAN 4,000,000 4,055,000
ANTONIO COMMTY. HOSP.) 5.25%
1/1/08
CALIFORNIA WEST & CENTRAL BASIN FIN. AUTH. 6,100,000 6,305,875
SERIES C 5.25% 8/1/08 (AMBAC
INSURED)
CALIFORNIA WEST & CENTRAL BASIN FIN. AUTH. 5,800,000 6,032,000
SERIES C, 5.20% 8/1/07 (AMBAC
INSURED)
CALIFORNIA WEST & CENTRAL BASIN FING. AUTH. 5,750,000 5,663,750
REV. (WEST BASIN RFDG. PROJ.)
SERIES A, 5% 8/1/13(AMBAC INSURED)
COLORADO ADAMS COUNTY SCHOOL DIST. #12 1,000,000 1,078,750
THORNTON UNLTD. TAX RFDG. 6.20%
12/15/10 (FGIC INSURED)
COLORADO ARAPAHOE COUNTY CAP. IMPT. TR. 225,600,000 32,712,000
FED. HWY. REV. (CAP. APPRECIATION)
SERIES E, 0%, 8/31/26(PRE-REFUNDED
TO 8/31/05@ 20.8626
COLORADO ARAPAHOE COUNTY CAP. IMPT. TRUST 20,000,000 6,750,000
FUND HWY. REV. SERIES C, 0%
8/31/15 (PRE-REFUNDED TO8/31/05 @
48.618)
COLORADO AURORA GEN. OBLIG. RFDG. 4.75% 3,040,000 2,891,800
11/1/14
COLORADO COLORADO HEALTH FACS. AUTH. REV. 1,000,000 1,098,750
(HOSP. SYS.-SWEDISH MED. CTR.)
SERIES A, 7.25%10/1/08
(PRE-REFUNDED TO 10/1/00 @ 102)
COLORADO COLORADO HEALTH FACS. AUTH. REV. 2,500,000 2,653,125
RFDG. (ROCKY MOUNTAIN ADVENTIST)
6.25% 2/1/04
COLORADO COLORADO HEALTH FACS. AUTH. REV. 13,100,000 13,935,125
RFDG. (ROCKY MOUNTAIN ADVENTIST)
6.625% 2/1/13
COLORADO COLORADO HEALTH FACS. AUTH. REV. 8,600,000 9,073,000
RFDG. (ROCKY MOUNTAIN ADVENTIST)
6.625% 2/1/22
COLORADO COLORADO SPRINGS ARPT. REV. (CAP. 250,000 171,875
APPRECIATION) 0% 1/1/06 (MBIA
INSURED)
COLORADO COLORADO SPRINGS ARPT. REV. (CAP. 1,550,000 1,300,063
APPRECIATION) SERIES C, 0% 1/1/02
(MBIA INSURED)
COLORADO COLORADO SPRINGS ARPT. REV. (CAP. 1,530,000 1,162,800
APPRECIATION) SERIES C, 0% 1/1/04
(MBIA INSURED)
COLORADO COLORADO SPRINGS ARPT. REV. (CAP. 1,655,000 964,038
APPRECIATION) SERIES C, 0% 1/1/09
(MBIA INSURED)
COLORADO COLORADO SPRINGS ARPT. REV. (CAP. 1,500,000 823,125
APPRECIATION) SERIES C, 0% 1/1/10
(MBIA INSURED)
COLORADO COLORADO UNIV. HOSP. AUTH. HOSP. 1,000,000 1,100,000
REV. SERIES A, 6.25% 11/15/12
(AMBAC INSURED)
COLORADO COLORADO UNIV. REV. (RESEARCH 5,725,000 6,376,219
BLDG. REVOLVING FUND) (BIOMEDICAL
RESEARCH BLDG. PROJ.)7% 6/1/09
COLORADO DENVER CITY & COUNTY ARPT. REV. 4,900,000 3,907,750
(CAP. APPRECIATION) SERIES A, 0%
11/15/02 (MBIA INSURED) (AMT)
COLORADO DENVER CITY & COUNTY ARPT. REV. 4,480,000 3,046,400
(CAP. APPRECIATION) SERIES A, 0%
11/15/05 (MBIA INSURED)
COLORADO DENVER CITY & COUNTY ARPT. REV. 5,000,000 3,793,750
(CAP. APPRECIATION) SERIES D, 0%
10/15/03 (MBIAINSURED)
COLORADO DENVER CITY & COUNTY ARPT. REV. 7,500,000 5,390,625
(CAP. APPRECIATION) SERIES D, 0%
11/15/04 (MBIAINSURED)
COLORADO DENVER CITY & COUNTY ARPT. REV. 3,000,000 2,040,000
(CAP. APPRECIATION) SERIES D, 0%
11/15/05 (MBIAINSURED)
COLORADO DENVER CITY & COUNTY ARPT. REV. 9,300,000 9,370,866
RFDG. SERIES D, 5% 11/15/98 (AMT)
COLORADO DENVER CITY & COUNTY ARPT. REV. 11,350,000 11,635,226
SERIES A, 6.90% 11/15/98 (AMT)
COLORADO DENVER CITY & COUNTY ARPT. REV. 5,750,000 6,023,125
SERIES A, 7% 11/15/99 (AMT)
COLORADO DENVER CITY & COUNTY ARPT. REV. 4,075,000 4,385,719
SERIES C, 6.50% 11/15/06 (AMT)
COLORADO DENVER CITY & COUNTY ARPT. REV. 1,980,000 2,126,025
SERIES D, 7% 11/15/25
COLORADO DENVER CITY & COUNTY ARPT. REV. 520,000 567,450
SERIES D, 7% 11/15/25
(PRE-REFUNDED 11/15/01 @ 100)
COLORADO DENVER CITY & COUNTY ARPT. REV. 3,000,000 3,266,250
SERIES D, 7.40% 11/15/01 (AMT)
COLORADO DENVER CITY & COUNTY SCHOOL DIST. 10,400,000 6,136,000
#1 RFDG. (CAP. APPRECIATION)
SERIES A, 0% 12/1/08(MBIA INSURED)
COLORADO HIGHLANDS RANCH METROPOLITAN DIST. 1,725,000 1,781,063
#2 RFDG. 5.50% 6/15/00 (FSA
INSURED)
COLORADO HIGHLANDS RANCH METROPOLITAN DIST. 2,050,000 2,219,125
#2 RFDG. 6% 6/15/03 (FSA INSURED)
COLORADO HIGHLANDS RANCH METROPOLITAN DIST. 1,000,000 1,162,500
#2 RFDG. 6.50% 6/15/10 (FSA
INSURED)
COLORADO HIGHLANDS RANCH METROPOLITAN DIST. 1,000,000 1,163,750
#2 RFDG. 6.50% 6/15/12 (FSA
INSURED)
COLORADO JEFFERSON COUNTY CTFS. OF PRTN. 3,000,000 3,330,000
RFDG. 6.65% 12/1/08 (MBIA INSURED)
COLORADO JEFFERSON COUNTY SINGLE FAMILY 285,000 305,306
MTG. REV. RFDG. SERIES 1991-A,
8.875% 10/1/13 (MBIAINSURED)
CONNECTICUT CONNECTICUT HEALTH & ED. FACS. 2,990,000 3,098,388
AUTH. REV. (ST. RAPHAEL HOSP.)
5.30% 7/1/10, (AMBAC INSURED)
CONNECTICUT CONNECTICUT HEALTH & EDL. FACS. 6,900,000 7,960,875
AUTH. REV. (NEW BRITAIN MEM.
HOSP.) SERIES A, 7.75% 7/1/22
CONNECTICUT CONNECTICUT HEALTH & EDL. FACS. 4,345,000 4,806,656
AUTH. REV. (NEW BRITAIN MEM.
HOSP.) SERIES A, 7.50%7/1/06
CONNECTICUT CONNECTICUT HEALTH & EDL. FACS. 1,250,000 1,276,563
AUTH. REV. RFDG. (QUINNIPIAC
COLLEGE) SERIES D, 6% 7/1/13
CONNECTICUT CONNECTICUT HEALTH & EDL. FACS. 3,035,000 3,175,369
AUTH. REV. RFDG. (ST. RAPHAEL
HOSP.) SERIES H, 5.25%7/1/12
(AMBAC INSURED)
CONNECTICUT CONNECTICUT HSG. FIN. AUTH. HSG. 190,000 202,588
MTG. FIN. PROG. SUB-SERIES B-1,
6.50% 5/15/18
CONNECTICUT CONNECTICUT RESOURCE RECOVERY 2,100,000 2,176,125
AUTH. REV. RFDG. SERIES A, 5.375%
11/15/10 (MBIA INSURED)
CONNECTICUT CONNECTICUT SPL. TAX OBLIG. REV. 2,500,000 2,756,250
6% 10/1/06 (MBIA INSURED)
CONNECTICUT EASTERN CONNECTICUT RESOURCE 900,000 902,250
RECOVERY AUTH. SOLID WASTE REV.
(WHEELABRATOR LISBONPROJ.) SERIES
A, 5% 1/1/24 (AMT)
DISTRICT OF DISTRICT OF COLUMBIA GEN. OBLIG. 3,885,000 4,166,663
COLUMBIA RFDG. SERIES A, 5.875% 6/1/05
(AMBAC INSURED)
DISTRICT OF DISTRICT OF COLUMBIA GEN. OBLIG. 2,000,000 2,175,000
COLUMBIA RFDG. SERIES A-1, 6% 6/1/11 (MBIA
INSURED)
DISTRICT OF DISTRICT OF COLUMBIA GEN. OBLIG. 3,410,000 3,529,350
COLUMBIA RFDG. SERIES A-3, 5.30% 6/1/04
(AMBAC INSURED)
DISTRICT OF DISTRICT OF COLUMBIA GEN. OBLIG. 2,910,000 3,033,675
COLUMBIA RFDG. SERIES A-3, 5.40% 6/1/05
(AMBAC INSURED)
DISTRICT OF DISTRICT OF COLUMBIA GEN. OBLIG. 3,350,000 3,496,563
COLUMBIA RFDG. SERIES B-1, 5.40% 6/1/06
(AMBAC INSURED)
DISTRICT OF DISTRICT OF COLUMBIA GEN. OBLIG. 5,000,000 5,181,250
COLUMBIA RFDG. SERIES B-3, 5.30% 6/1/05
(MBIA INSURED)
DISTRICT OF DISTRICT OF COLUMBIA GEN. OBLIG. 2,170,000 2,240,525
COLUMBIA RFDG. SERIES C, 5.25% 12/1/03
(FGIC INSURED)
DISTRICT OF DISTRICT OF COLUMBIA GEN. OBLIG. 3,695,000 3,990,600
COLUMBIA RFDG. SERIES D, 6% 6/1/05 (AMBAC
INSURED)
DISTRICT OF DISTRICT OF COLUMBIA HOSP. REV. 11,975,000 13,112,625
COLUMBIA (HOSP. FOR SICK CHILDREN) SERIES
A, 8.875% 1/1/21
DISTRICT OF DISTRICT OF COLUMBIA REDEV. LAND 1,000,000 1,018,750
COLUMBIA AGCY. WASHINGTON D.C. SPORTS ARENA
SPL. TAX REV.5.40% 11/1/00
DISTRICT OF DISTRICT OF COLUMBIA REDEV. LAND 7,230,000 7,347,488
COLUMBIA AGCY. WASHINGTON D.C. SPORTS ARENA
SPL. TAX REV.5.625% 11/1/10
DISTRICT OF DISTRICT OF COLUMBIA REV. RFDG. 2,000,000 2,090,000
COLUMBIA (GEORGETOWN UNIV.) SERIES A, 5.95%
4/1/14 (MBIAINSURED)
DISTRICT OF DISTRICT OF COLUMBIA REV. RFDG. 10,535,000 10,864,219
COLUMBIA (GEORGETOWN UNIV.) SERIES A, 6%
4/1/18 (MBIA INSURED)
DISTRICT OF METROPOLITAN WASHINGTON ARPT. 3,000,000 3,277,500
COLUMBIA AUTH. GEN. ARPT. REV. SERIES A,
7.25% 10/1/10 (FGIC INSURED) (AMT)
DISTRICT OF WASHINGTON D.C. METROPOLITAN AREA 1,300,000 1,309,750
COLUMBIA TRANS. AUTH. GROSS REV. RFDG.
5.25% 7/1/14 (FGICINSURED)
FLORIDA BROWARD COUNTY RESOURCE RECOVERY 15,850,000 17,236,875
REV. (SES BROWARD CO. LP SOUTH
PROJ.) 7.95% 12/1/08
FLORIDA DADE COUNTY AVIATION REV. (MIAMI 3,750,000 3,984,375
INT'L ARPT.) SERIES B, 6% 10/1/24
(MBIA INSURED)
FLORIDA DADE COUNTY SEAPORT REV. RFDG. 1,000,000 1,127,500
SERIES 95, 6.20% 10/1/10 (MBIA
INSURED)
FLORIDA FLORIDA BOARD OF ED. CAP. OUTLAY 5,605,000 5,282,713
RFDG. (PUB. ED.) SERIES D, 4.75%
6/1/17
FLORIDA FLORIDA DIVISION FIN. DEPT. GEN. 4,750,000 5,135,938
SVCS. REV. (DEPT. OF NATURAL
RESOURCES-PRESERVATION2000) SERIES
A, 6.25% 7/1/10 (MBIA INSURED)
FLORIDA FLORIDA MUNI. PWR. AGCY. REV. 3,000,000 2,737,500
RFDG. (STANTON II PROJ.) 4.50%
10/1/16 (AMBAC INSURED)
FLORIDA FLORIDA MUNI. PWR. AGCY. REV. 8,300,000 7,304,000
RFDG. (STANTON II PROJ.) 4.50%
10/1/27 (AMBAC INSURED)
FLORIDA JACKSONVILLE ELEC. AUTH. REV. 6% 4,145,000 4,305,619
7/1/01 (ESCROWED TO MATURITY)
FLORIDA JACKSONVILLE ELEC. AUTH. REV. 3,000,000 3,435,000
SERIES 73, 6.80% 7/1/12 (ESCROWED
TO MATURITY)
FLORIDA JACKSONVILLE HEALTH FACS. AUTH. 2,000,000 2,200,000
IND. DEV. REV. RFDG. (CYPRESS
VILLAGE PROJ.) (NAT'L.BENEVOLENT
ASSOC.) 7% 12/1/22
FLORIDA JACKSONVILLE PORT AUTH. REV. RFDG. 1,000,000 1,077,500
(PORT FACS.) 5.75% 11/1/09 (MBIA
INSURED) (AMT)
FLORIDA LAKELAND ELEC. & WTR. REV. RFDG. 5,000,000 5,668,750
(JR. SUB-LIEN) 6.50% 10/1/05 (FGIC
INSURED)
FLORIDA ORANGE COUNTY TOURIST DEV. TAX 5,000,000 5,525,000
REV. RFDG. SERIES A, 6.50% 10/1/10
(AMBAC INSURED)
FLORIDA ORLANDO UTIL. COMMISSION WTR. & 5,465,000 5,362,531
ELEC. REV. SERIES B, 5.25% 10/1/23
FLORIDA PASCO COUNTY SOLID WASTE DISP. & 5,000,000 5,362,500
RESOURCE RECOVERY SYS. REV. 6%
4/1/08 (AMBAC INSURED) (AMT)
FLORIDA PASCO COUNTY SOLID WASTE DISP. & 8,090,000 8,666,413
RESOURCE RECOVERY SYS. REV. 6%
4/1/09 (AMBAC INSURED) (AMT)
FLORIDA TAMPA CAP. IMPT. PROG. REV. SERIES 10,000,000 10,299,500
A, 8.25% 10/1/18
GEORGIA ATLANTA DOWNTOWN DEV. AUTH. REV. 3,750,000 4,003,125
RFDG. (UNDERGROUND ATLANTA PROJ.)
6.25% 10/1/12
GEORGIA ATLANTA DOWNTOWN DEV. AUTH. REV. 3,000,000 3,187,500
RFDG. (UNDERGROUND ATLANTA PROJ.)
6.25% 10/1/16
GEORGIA COBB COUNTY SCHOOL DIST 6% 2/1/02 1,220,000 1,302,350
GEORGIA FULTON COUNTY SCHOOL DIST. RFDG. 2,000,000 2,305,000
6.375% 5/1/14
GEORGIA GEORGIA GEN. OBLIG. IMPT. SERIES 3,000,000 3,495,000
B, 7.20% 3/1/05
GEORGIA GEORGIA GEN. OBLIG. RFDG. SERIES 4,535,000 4,977,163
E, 6% 7/1/04
GEORGIA GEORGIA GEN. OBLIG. SERIES B, 2,000,000 2,205,000
6.10% 3/1/05
GEORGIA GEORGIA GEN. OBLIG. SERIES B, 5,500,000 6,022,500
6.25% 4/1/03
GEORGIA GEORGIA MUNI. ELEC. PWR. AUTH. 2,000,000 2,080,000
PWR. REV. RFDG. SERIES Z, 5.50%
1/1/12
GEORGIA GEORGIA RESIDENTIAL FIN. AUTH. 13,615,000 1,900,109
HOME OWNERSHIP MTG. (CAP.
APPRECIATION) SERIES 1984 B,0%
12/1/15
HAWAII HAWAII ARPTS. SYS. REV. 2ND 1,500,000 1,636,875
SERIES, 7.50% 7/1/20 (FGIC
INSURED)*
HAWAII HAWAII GEN. OBLIG. SERIES CM, 5% 4,860,000 4,969,350
12/1/00 (FGIC INSURED)
HAWAII HAWAII GEN. OBLIG. SERIES CM, 2,625,000 2,762,813
5.50% 12/1/02 (FGIC INSURED)
HAWAII HAWAII HSG. FIN. & DEV. CORP. 5,000,000 5,050,000
SINGLE FAMILY MTG. REV. SERIES A,
4.90% 7/1/28 (AMT)
HAWAII HONOLULU HAWAII CITY AND COUNTY 7,135,000 7,554,181
RFDG. SERIES C, 5.50% 11/01/04
(FGIC INSURED)
IDAHO BOISE URBAN RENEWAL PARKING AGCY. 2,600,000 2,685,124
REV. (TAX INCREMENT) SERIES A, B,
C, 8.125% 9/1/15
IDAHO IDAHO FALLS ELEC. RFDG. 0% 4/1/07, 2,500,000 1,621,875
(FGIC INSURED)
IDAHO IDAHO FALLS RFDG. ELEC. 0% 4/1/06 2,000,000 1,365,000
(FGIC INSURED)
IDAHO IDAHO FALLS RFDG. ELEC. 0% 4/1/13 1,500,000 690,000
(FGIC INSURED)
IDAHO IDAHO HOUSING AGCY. SINGLE FAMILY 1,785,000 1,892,100
MTG. SERIES 1991 B, 7.50% 7/1/24
ILLINOIS CHICAGO BOARD OF ED. (CHICAGO 4,750,000 5,367,500
SCHOOL REFORM) 6.25% 12/1/09 (MBIA
INSURED)
ILLINOIS CHICAGO BOARD OF ED. (CHICAGO 1,000,000 1,121,250
SCHOOL REFORM) 6.25% 12/1/11 (MBIA
INSURED)
ILLINOIS CHICAGO GEN. OBLIG. RFDG. SERIES 5,510,000 5,661,525
A-2, 5.25% 1/1/01 (AMBAC INSURED)
ILLINOIS CHICAGO GEN. OBLIG. RFDG. SERIES 4,885,000 5,489,519
A-2, 6.25% 1/1/15 (AMBAC INSURED)
ILLINOIS CHICAGO GEN. OBLIG. RFDG. SERIES 2,200,000 2,191,750
B, 5% 1/1/11 (AMBAC INSURED)
ILLINOIS CHICAGO ILL FGIC RFDG. SERIES B, 2,250,000 2,235,938
5.125% 1/1/15 (AMBAC INSURED)
ILLINOIS CHICAGO MIDWAY ARPT. REV. SERIES 2,910,000 2,884,538
B, 5.25% 1/1/13 (MBIA INSURED)
(AMT)
ILLINOIS CHICAGO MIDWAY ARPT. REV. SERIES 3,060,000 3,021,750
B, 5.25% 1/1/14 (MBIA INSURED)
(AMT)
ILLINOIS CHICAGO MIDWAY ARPT. REV. SERIES 1,360,000 1,456,900
B, 6% 1/1/05 (MBIA INSURED) (AMT)
ILLINOIS CHICAGO MIDWAY ARPT. REV. SERIES 2,170,000 2,343,600
B, 6% 1/1/08 (MBIA INSURED) (AMT)
ILLINOIS CHICAGO MIDWAY ARPT. REV. SERIES 2,435,000 2,593,275
B, 6% 1/1/10 (MBIA INSURED) (AMT)
ILLINOIS CHICAGO MIDWAY ARPT. REV. SERIES 2,580,000 2,760,600
B, 6.125% 1/1/11 (MBIA INSURED)
(AMT)
ILLINOIS CHICAGO MOTOR FUEL TAX REV. RFDG. 4,000,000 4,090,000
SERIES A, 5.375% 1/1/14 (AMBAC
INSURED)
ILLINOIS CHICAGO O'HARE INT'L. ARPT. REV. 4,500,000 4,702,500
(PASSENGER FACS. CHARGE) SERIES A,
5.60% 1/1/10 (AMBAC INSURED)
ILLINOIS CHICAGO O'HARE INT'L. ARPT. REV. 10,000,000 10,075,000
RFDG. (GEN. ARPT. 2ND LIEN) SERIES
A, 5.50% 1/1/16(AMBAC INSURED)
ILLINOIS CHICAGO O'HARE INT'L. ARPT. REV. 5,250,000 5,768,438
RFDG. (GEN. ARPT. PROJ.) (2ND
LIEN) SERIES A, 6.25% 1/1/08 (MBIA
INSURED)
ILLINOIS CHICAGO O'HARE INT'L. ARPT. REV. 6,730,000 7,386,175
RFDG. (GEN. ARPT. PROJ.) (2ND
LIEN) SERIES A, 6.25% 1/1/09
(AMBAC INSURED)
ILLINOIS CHICAGO O'HARE INT'L. ARPT. REV. 1,000,000 1,096,250
RFDG. (GEN. ARPT. PROJ.) (2ND
LIEN) SERIES A, 6.375% 1/1/12
(MBIA INSURED)
ILLINOIS CHICAGO O'HARE INT'L. ARPT. REV. 11,700,000 12,723,750
RFDG. (GEN. ARPT. PROJ.) (2ND
LIEN) SERIES A, 6.375% 1/1/15
(MBIA INSURED)
ILLINOIS CHICAGO O'HARE INT'L. ARPT. SPL. 4,720,000 5,203,800
FACS. REV. (AMERICAN AIRLINES,
INC. PROJ.) SERIES A, 7.875%
11/1/25 (AMT)
ILLINOIS CHICAGO O'HARE INT'L. ARPT. SPL. 1,970,000 2,056,188
FACS. REV. (UNITED AIRLINES, INC.)
8.25% 5/1/99 (AMT)
ILLINOIS CHICAGO O'HARE INT'L. ARPT. SPL. 4,500,000 4,803,750
FACS. REV. RFDG. (INT'L. TERM.)
SERIES A, 7.50%1/1/17 (AMT)
ILLINOIS CHICAGO PARK DIST. RFDG. 6.25% 3,000,000 3,352,500
1/1/09 (FGIC INSURED)
ILLINOIS CHICAGO RESIDENTIAL MTG. REV. 9,525,000 4,202,906
RFDG. (CAP. APPRECIATION) SERIES
B, 0% 10/1/09 (MBIAINSURED)
ILLINOIS CHICAGO WTR. REV. 0% 11/1/01 (FGIC 1,960,000 1,653,750
INSURED)
ILLINOIS COOKE & WILL COUNTIES TOWNSHIP 2,350,000 1,788,937
HIGH SCHOOL DIST. #206 (CAP.
APPRECIATION) SERIES A,0% 12/1/03
(AMBAC INSURED) (ESCROWED TO
MATURITY)
ILLINOIS DEKALB SINGLE FAMILY MTG. REV. 1,485,000 1,637,213
7.45% 12/1/09, (GNMA COLL.)*
ILLINOIS ILLINOIS DEV. FIN. AUTH. POLL. 7,000,000 7,857,500
CONT. REV. RFDG. (COMMERCE EDISON
CO. PROJ.) SERIES D,6.75% 3/1/15
(AMBAC INSURED)
ILLINOIS ILLINOIS HEALTH FACS. AUTH. REV. 3,415,000 3,952,862
(GLENOAKS MED. CTR.) SERIES D,
9.50% 11/15/15 (ESCROWED TO
MATURITY)
ILLINOIS ILLINOIS HEALTH FACS. AUTH. REV. 900,000 927,000
(MEM. HOSP.) 6.875% 5/1/00
ILLINOIS ILLINOIS HEALTH FACS. AUTH. REV. 4,000,000 4,270,000
(MEM. HOSP.) 7.125% 5/1/10
ILLINOIS ILLINOIS HEALTH FACS. AUTH. REV. 3,000,000 3,180,000
RFDG. (LUTHERAN GEN. HEALTH CARE
SYS.) SERIES C, 6%4/1/18
ILLINOIS ILLINOIS HEALTH FACS. AUTH. REV. 1,500,000 1,756,875
RFDG. (LUTHERAN GEN. HEALTH CARE
SYS.) SERIES C, 7%4/1/14
ILLINOIS ILLINOIS HEALTH FACS. AUTH. REV. 5,000,000 5,231,250
RFDG. (OSF HEALTHCARE SYS.) 6%
11/15/13
ILLINOIS ILLINOIS HEALTH FACS. AUTH. REV. 3,000,000 3,007,500
RFDG. (SWEDISH AMERICAN HOSP.)
5.375% 11/15/13 (AMBAC INSURED)
ILLINOIS ILLINOIS REG'L. TRANS. AUTH. 2,045,000 2,627,825
SERIES C, 7.75% 6/1/13 (FGIC
INSURED)
ILLINOIS ILLINOIS TOLL HWY. AUTH. TOLL HWY. 1,000,000 1,100,000
REV. RFDG. SERIES A, 6% 1/1/09
(FGIC INSURED)
ILLINOIS LAKE COUNTY FOREST PRESERVE DIST. 10,440,000 6,511,950
UNLTD. TAX (CAP. APPRECIATION) 0%
12/1/07
ILLINOIS LAKE COUNTY FOREST PRESERVE DIST. 12,505,000 7,346,688
UNLTD. TAX (CAP. APPRECIATION) 0%
12/1/08
ILLINOIS METROPOLITAN PIER & EXPOSITION 7,155,000 4,284,056
AUTH. DEDICATED TAX REV.
(MCCORMICK PLACE EXPANSION PROJ.)
(CAP. APPRECIATION) SERIES A, 0%
6/15/08 (MBIA INSURED)
ILLINOIS METROPOLITAN PIER & EXPOSITION 4,000,000 2,395,000
AUTH. DEDICATED TAX REV.
(MCCORMICK PLACE EXPANSIONPROJ.)
(CAP. APPRECIATION) SERIES A, 0%
6/15/08 (FGIC INSURED)
ILLINOIS METROPOLITAN PIER & EXPOSITION 17,175,000 9,682,406
AUTH. DEDICATED TAX REV.
(MCCORMICK PLACE EXPANSIONPROJ.)
(CAP. APPRECIATION) SERIES A, 0%
6/15/09 (FGIC INSURED)
ILLINOIS METROPOLITAN PIER & EXPOSITION 7,250,000 3,842,500
AUTH. DEDICATED TAX REV.
(MCCORMICK PLACE EXPANSIONPROJ.)
(CAP. APPRECIATION) SERIES A, 0%
6/15/10 (FGIC INSURED)
ILLINOIS METROPOLITAN PIER & EXPOSITION 95,000 105,450
AUTH. DEDICATED TAX REV.
(MCCORMICK PLACE EXPANSIONPROJ.)
SERIES A, 6.50% 6/15/07 (FGIC
INSURED)
ILLINOIS METROPOLITAN PIER & EXPOSITION 11,570,000 9,863,425
AUTH. DEDICATED TAX REV.
(MCCORMICK PLAIN EXPANSION PROJ.)
(CAP. APPRECIATION) SERIES A, 0%
6/15/12 (FGIC INSURED)
ILLINOIS METROPOLITAN PIER & EXPOSITION 250,000 203,750
AUTH. DEDICATED TAX REV.
(MCCORMICK PLANE EXPANSIONPROJ.)
(CAP. APPRECIATIION) SERIES A, 0%
6/15/12 (FGIC INSURED)
ILLINOIS METROPOLITAN PIER & EXPOSITION 2,700,000 2,416,500
AUTH. DEDICATED TAX REV. 0%
6/15/00 (AMBAC INSURED)
ILLINOIS METROPOLITAN PIER & EXPOSITION 7,450,000 7,617,625
AUTH. DEDICATED TAX REV. REFDG.
(MCCORMICK PLACEEXPANSION PROJ.)
SERIES A, 5.25% 12/15/10
ILLINOIS NORTHERN UNIV. REV. AUXILIARY 1,000,000 1,057,500
FACS. SYS. RFDG. 6% 4/1/02 (FGIC
INSURED)
INDIANA INDIANA BOND BANK REV. (STATE 500,000 573,750
REVOLVING FUND PROG.) SERIES A, 7%
2/1/05
INDIANA INDIANA HEALTH FACS. FING. AUTH. 2,500,000 2,956,250
HOSP. REV. RFDG. (COLUMBUS REG'L.
HOSP.) 7% 8/15/15(FSA INSURED)
INDIANA INDIANA HEALTH FACS. FING. AUTH. 4,000,000 4,035,000
HOSP. REV.RFDG. (CLARIAN HEALTH
PARTNERS, INC.) SERIES A, 5.50%
2/15/16
INDIANA INDIANA MUNI. PWR. AGCY. PWR. 2,000,000 2,075,000
SUPPPLY SYS. REV. RFDG. SERIES B,
5.50% 1/1/16 (MBIAINSURED)
INDIANA INDIANAPOLIS ARPT. AUTH. REV. 1,000,000 1,021,250
RFDG. SERIES A, 5.60% 7/1/15 (FGIC
INSURED)
INDIANA INDIANAPOLIS ECON. DEV. REV. RFDG. 3,000,000 3,352,500
& IMPT. (NAT'L. BENEVOLENT ASSOC.)
7.625% 10/1/22
INDIANA INDIANAPOLIS RESOURCE RECOVERY 1,000,000 1,145,000
REV. RFDG. (OGDEN MARTIN SYS. INC.
PROJ.) 6.75% 12/1/06(AMBAC
INSURED)
INDIANA JASPER COUNTY POLL. CONT. REV. 2,000,000 2,175,000
RFDG. (NORTHERN INDIANA PUB. SVC.)
7.10% 7/1/17 (MBIAINSURED)
KANSAS BUTLER COUNTY SOLID WSTE DISPOSAL 3,400,000 3,400,000
FACS SERIES 1994, 3.45% 8/1/24
KANSAS JOHNSON COUNTY UNIFIED SCHOOL DIST 1,225,000 1,482,250
#512 (SHAWNEE MISSION) 8% 10/1/04
KANSAS JOHNSON COUNTY UNIFIED SCHOOL 1,015,000 1,204,044
DIST. #512 (SHAWNEE MISSION) 8%
10/1/03
KANSAS JOHNSON COUNTY UNIFIED SCHOOL 1,250,000 1,535,938
DIST. #512 (SHAWNEE MISSION) 8%
10/1/05
KANSAS KANSAS CITY UTIL. SYS. REV. (CAP. 2,865,000 1,511,288
APPRECIATION) 0% 9/1/10 (AMBAC
INSURED)
KANSAS KANSAS CITY UTIL. SYS. REV. (CAP. 3,825,000 2,022,469
APPRECIATION) 0% 9/1/10 (AMBAC
INSURED) (ESCROWED TO MATURITY)
KANSAS KANSAS DEPT. TRANS. HWY. REV. 4,750,000 5,551,563
7.25% 3/1/05
KANSAS KANSAS TPK. AUTH. TPK. REV. RFDG. 2,000,000 2,055,000
(TOLL ROADS, BRIDGES & MASS
TRANSIT PROJ.) 5.25% 9/1/01 (AMBAC
INSURED)
KANSAS KANSAS TPK. AUTH. TPK. REV. RFDG. 1,750,000 1,804,687
(TOLL ROADS, BRIDGES & MASS
TRANSIT PROJ.) 5.25% 9/102 (AMBAC
INSURED)
KANSAS RENO COUNTY MTG. REV. RFDG. 1,050,000 1,136,626
(SINGLE FAMILY) SERIES B, 8.70%
9/1/11
KANSAS WICHITA HOSP. REV. SERIES III-A, 6,000,000 6,420,000
6.465% 10/20/17 (MBIA INSURED)
KENTUCKY JEFFERSON COUNTY CAP. PROJS. CORP. 5,250,000 2,546,250
REV. (MUNI. MULTIPLE RFDG. LEASE)
SERIES A, 0%8/15/11
KENTUCKY JEFFERSON COUNTY HOSP. REV. 4,000,000 4,355,000
(ALLIANT HEALTH SYS. PROJ.) 6.367%
10/9/08 (FGIC INSURED)
KENTUCKY KENTON COUNTY ARPT. BOARD ARPT. 5,100,000 5,654,625
REV. RFDG. (SPL. FACS. DELTA
AIRLINES, INC. PROJ.) SERIES A,
7.50% 2/1/20 (AMT)
KENTUCKY KENTON COUNTY ARPT. BOARD ARPT. 1,480,000 1,559,550
REV. RFDG. (CINCINNATI/NORTHERN
KENTUCKY INT'L. ARPT.)SERIES A,
5.65% 3/1/04 (MBIA INSURED) (AMT)
KENTUCKY KENTUCKY TPK. AUTH. ECON. DEV. 1,630,000 1,733,912
ROAD REV. RFDG. (REVITALIZATION
PROJ.) 5.50% 7/1/09(AMBAC INSURED)
KENTUCKY KENTUCKY TPK. AUTH. ECON. DEV. 7,760,000 6,489,300
ROAD REV. RFDG. (REVITALIZATION)
(CAP. APPRECIATION) 0% 1/1/02
(FGIC INSURED)
KENTUCKY OWENSBORO ELEC. LT. & PWR. REV. 600,000 369,000
RFDG. SERIES B, 0% 1/1/08, (AMBAC
INSURED)
KENTUCKY OWENSBORO ELEC. LT. & PWR. REV. 10,000,000 6,500,000
SERIES B, 0% 1/1/07 (AMBAC
INSURED)
KENTUCKY OWENSBORO ELEC. LT. & PWR. REV. 2,000,000 1,160,000
SERIES B, 0% 1/1/09 (AMBAC
INSURED)
KENTUCKY OWENSBORO ELEC. LT. & PWR. REV. 8,440,000 4,599,800
SERIES B, 0% 1/1/10 (AMBAC
INSURED)
LOUISIANA LOUISIANA GEN. OBLIG. RFDG. SERIES 1,000,000 1,070,000
A 6.0% 8/1/02 (FGIC INSURED)
LOUISIANA LOUISIANA GEN. OBLIG. SERIES A, 8,000,000 8,920,000
6.75% 5/15/03 (MBIA INSURED)
LOUISIANA LOUISIANA GEN. OBLIG. SERIES A, 5,865,000 6,612,788
6.75% 5/15/04, (MBIA INSURED)
LOUISIANA LOUISIANNA OFFSHORE TERM AUTH. 1,095,000 1,196,288
SERIES B, 7.60% 9/1/10
LOUISIANA LOUSIANNA OFFSHORE TERM AUTH. 1,205,000 1,328,513
SERIES E, 7.60% 9/1/10
(PRE-REFUNDED 9/1/00 @ 102)
LOUISIANA MONROE-WEST MONROE PUB. TRUST 9,000,000 3,566,250
FING. AUTH. MTG. REV. RFDG. (CAP.
APPRECIATION) SERIES C, 0% 8/20/14
LOUISIANA NEW ORLEANS GEN. OBLIG. RFDG. 3,000,000 1,672,500
(CAP. APPRECIATION) 0% 9/1/09
(AMBAC INSURED)
LOUISIANA NEW ORLEANS PUB. IMPT. UNLTD. TAX 1,000,000 1,112,500
7% 9/1/19 (FGIC INSURED)
(PRE-REFUNDED TO 9/1/02 @100)
LOUISIANA ST. JOHN BAPTIST PARISH SALES TAX 2,700,000 2,926,125
DIST. RFDG. SERIES 1989-ST, 7.80%
12/1/14
MARYLAND BALTIMORE CONSOLIDATED PUB. IMPT. 1,545,000 1,809,581
RFDG. SERIES A, 7.25% 10/15/04
(FGIC INSURED)
MARYLAND BALTIMORE CONSOLIDATED PUB. IMPT. 3,100,000 3,665,750
SERIES A, 7.25% 10/15/05 (FGIC
INSURED)
MARYLAND HOWARD COUNTY MTG. REV. 250,000 269,688
(HEARTLANDS ELDERLY APTS. PROJ.)
8.875% 12/1/10 (MBIA INSURED) (FHA
GUARANTEED)
MARYLAND MARYLAND COMMMTY. DEV. ADMIN. 2,500,000 2,543,750
DEPT. OF HSG. & COMMTY. DEV.
(SINGLE FAMILY HOUSING) SERIES B,
5.05% 9/1/19
MARYLAND MARYLAND HEALTH & HIGHER EDL. 3,000,000 2,951,250
FACS. AUTH. REV. REFDG. (JOHN
HOPKINS UNIV.) 5.25% 7/1/17
MARYLAND MARYLAND HEALTH & HIGHER EDL. 2,500,000 2,437,500
FACS. AUTH. REV. RFDG. (JOHNS
HOPKINS UNIV.) 5.125% 7/1/20
MARYLAND MARYLAND HEALTH & HIGHER EDL. 3,000,000 2,970,000
FACS. AUTH. REV. RFDG. (JOHNS
HOPKINS UNIV.) 5.25% 7/1/19
MARYLAND MONTGOMERY COUNTY GEN. OBLIG. 2,775,000 2,972,718
RFDG. (CONSOLIDATED PUB. IMPT.)
SERIES A, 5.60% 7/1/04
MARYLAND PRINCE GEORGE'S COUNTY SOLID WASTE 1,500,000 1,515,000
MGMT. SYS. REV. RFDG. 5.25%
6/15/13 (FSA INSURED)
MASSACHUSETTS BOSTON GEN. OBLIG. SERIES A, 1,000,000 1,001,250
4.875% 9/1/09 (FSA INSURED)
MASSACHUSETTS BOSTON GEN. OBLIG. SERIES A, 1,925,000 1,912,969
4.875% 9/1/11 (FSA INSURED)
MASSACHUSETTS BOSTON METROPOLITAN DIST. GEN. 1,260,000 1,496,250
OBLIG. RFDG. 8% 12/1/03 (MBIA
INSURED)
MASSACHUSETTS BOSTON REV. (BOSTON CITY HOSP.) 9,750,000 10,785,937
SERIES A, 7.625% 2/15/21 (FHA
GUARANTEED) (PRE-REFUNDED TO
8/15/00 @ 102)
MASSACHUSETTS BOSTON REV. RFDG. (BOSTON CITY 1,500,000 1,640,625
HOSP.) 7.15% 8/15/01 (FHA
GUARANTEED) (PRE-REFUNDED
TO8/15/00 @ 102)
MASSACHUSETTS HAVERHILL GEN. OBLIG. RFDG. SERIES 5,000,000 5,450,000
A, 6.70% 9/1/10 (AMBAC INSURED)
MASSACHUSETTS HOLYOKE GEN. OBLIG. LTD. TAX 8.15% 2,205,000 2,604,656
6/15/06 (MBIA INSURED)
(PRE-REFUNDED TO 6/15/02 &103)
MASSACHUSETTS MASSACHUSETTS BAY TRANS. AUTH. 5,000,000 5,231,250
RFDG. (GEN. TRANS. SYS.) SERIES A,
5.50% 3/1/12
MASSACHUSETTS MASSACHUSETTS BAY TRANS. AUTH. 3,800,000 4,260,750
RFDG. (GEN. TRANS. SYS.) SERIES B,
6.20% 3/1/16
MASSACHUSETTS MASSACHUSETTS ED. LOAN AUTH. ED. 4,115,000 4,403,050
LOAN REV. RFDG. ISSUE E SERIES B,
6.05% 7/1/08 (AMBACINSURED) (AMT)
MASSACHUSETTS MASSACHUSETTS ED. LOAN AUTH. ED. 1,650,000 1,753,125
LOAN REV. RFDG. ISSUE E SERIES B,
6.15% 7/1/10 (AMBAC INSURED) (AMT)
MASSACHUSETTS MASSACHUSETTS ED. LOAN AUTH. ED. 1,000,000 1,062,500
LOAN REV. RFDG. ISSUE E SERIES B,
6.25% 7/1/11 (AMBAC INSURED) (AMT)
MASSACHUSETTS MASSACHUSETTS ED. LOAN AUTH. ED. 1,000,000 1,058,750
LOAN REV. RFDG. ISSUE E SERIES B,
6.30% 7/1/12 (AMBAC INSURED) (AMT)
MASSACHUSETTS MASSACHUSETTS EDL. LOAN AUTH. 3,680,000 3,951,400
(EDL. LOAN REV) ISSUE E, SERIES B
5.85% 7/1/06 (AMBAC INSURED)
MASSACHUSETTS MASSACHUSETTS EDL. LOAN AUTH. 3,090,000 3,298,575
(EDL. LOAN REV.) ISSUE E, SERIES
B, 5.75% 7/1/05 (AMBACINSURED)
MASSACHUSETTS MASSACHUSETTS EDUCATIONAL LAOAN 3,980,000 4,273,525
AUTH. (EDL.LOAN REV.) ISSUE E
SERIES B, 5.95% 7/1/07 (AMBAC
INSURED)
MASSACHUSETTS MASSACHUSETTS GEN. OBLIG. 4,000,000 3,965,000
CONSOLIDATED LOAN SERIES A, 5%
1/1/12
MASSACHUSETTS MASSACHUSETTS GEN. OBLIG. 1,400,000 1,480,500
CONSOLIDATED LOANSERIES A, 6%
6/1/11 (PRE-REFUNDED TO
6/1/01@100)
MASSACHUSETTS MASSACHUSETTS GEN. OBLIG. 12,000,000 12,225,000
CONSOLIDATED LOANSERIES C, 5.375%
9/1/14 (MBIA INSURED)
MASSACHUSETTS MASSACHUSETTS GEN. OBLIG. RFDG. 20,095,000 20,697,850
SERIES A, 5.50% 2/1/11 (MBIA
INSURED)
MASSACHUSETTS MASSACHUSETTS GEN. OBLIG. RFDG. 9,800,000 10,706,500
SERIES A, 6.25% 7/1/03
MASSACHUSETTS MASSACHUSETTS GEN. OBLIG. RFDG. 9,505,000 10,455,500
SERIES A, 6.25% 7/1/04
MASSACHUSETTS MASSACHUSETTS HEALTH & EDL. FACS. 13,000,000 15,535,000
AUTH. REV. (1ST. MTG.) (FAIRVIEW
EXTENDED CARE)SERIES A, 10.25%
1/1/21 (PRE-REFUNDED TO 1/1/01 @
103)
MASSACHUSETTS MASSACHUSETTS HEALTH & EDL. FACS. 6,720,000 7,366,800
AUTH. REV. (BENTLEY COLLEGE)
SERIES H, 6.90% 7/1/21(MBIA
INSURED)
MASSACHUSETTS MASSACHUSETTS HEALTH & EDL. FACS. 3,000,000 2,996,250
AUTH. REV. (NEW ENGLAND MED. CTR.
HOSP.) SERIES G,5.375% 7/1/24
(MBIA INSURED)
MASSACHUSETTS MASSACHUSETTS HEALTH & EDL. FACS. 1,000,000 1,049,560
AUTH. REV. (NORTHEASTERN UNIV.)
SERIES B, 7.60%10/1/10 (AMBAC
INSURED)
MASSACHUSETTS MASSACHUSETTS HEALTH & EDL. FACS. 3,000,000 2,966,250
AUTH. REV. RFDG. (BAYSTATE MED.
CTR.) SERIES D, 5%7/1/12 (FGIC
INSURED)
MASSACHUSETTS MASSACHUSETTS HEALTH & EDL. FACS. 5,100,000 5,100,000
AUTH. REV. RFDG. (FAIRVIEW
EXTENDED CARE) SERIES B,4.55%
7/14/02 (MBIA INSURED) LOC
BANKBOSTON N.A.
MASSACHUSETTS MASSACHUSETTS HEALTH & EDL. FACS. 1,100,000 1,236,125
AUTH. REV. RFDG. (HARVARD UNIV.)
SERIES P, 6.50%11/1/03
MASSACHUSETTS MASSACHUSETTS HEALTH & EDL. FACS. 2,000,000 2,245,000
AUTH. REV. RFDG. (MASSACHUSETTS
GEN. HOSP.) SERIES F , 6.25%
7/1/12 (AMBAC INSURED)
MASSACHUSETTS MASSACHUSETTS HSG. FIN. AGCY. HSG. 2,500,000 2,693,750
REV. RFDG. (RENTAL) SERIES A,
6.60% 7/1/14(AMBAC INSURED) (AMT)
MASSACHUSETTS MASSACHUSETTS HSG. FIN. AGCY. HSG. 2,000,000 2,150,000
REV. RFDG. (RENTAL) SERIES A,
6.65% 7/1/19 (AMBACINSURED) (AMT)
MASSACHUSETTS MASSACHUSETTS IND. FIN. AGCY. IND. 3,985,000 4,506,278
REV. (UNION MISSION PROJ.) 9.55%
9/1/26(FHA GUARANTEED)
MASSACHUSETTS MASSACHUSETTS IND. FIN. AGCY. REV. 5,000,000 3,662,500
(CAP. APPRECIATION) (MASSACHUSETTS
BIOMEDICAL RESEARCH) SERIES A-2,
0% 8/1/04
MASSACHUSETTS MASSACHUSETTS IND. FIN. AGCY. REV. 30,800,000 20,212,500
(CAP. APPRECIATION) (MASSACHUSETTS
BIOMEDICAL RESEARCH) SERIES A-2,
0% 8/1/06
MASSACHUSETTS MASSACHUSETTS IND. FIN. AGCY. REV. 21,800,000 11,935,500
(CAP. APPRECIATION) (MASSACHUSETTS
BIOMEDICAL RESEARCH) SERIES A-2,
0% 8/1/09
MASSACHUSETTS MASSACHUSETTS IND. FIN. AGCY. REV. 11,000,000 5,651,250
(CAP. APPRECIATION) (MASSACHUSETTS
BIOMEDICAL RESEARCH) SERIES A-2,
0% 8/1/10
MASSACHUSETTS MASSACHUSETTS IND. FIN. AGCY. REV. 29,600,000 22,792,000
(CAP. APPRECIATION) (MASSACHUSETTS
BIOMEDICALRESEARCH) SERIES A-2, 0%
8/1/03
MASSACHUSETTS MASSACHUSETTS IND. FIN. AGCY. REV. 515,000 536,244
(MASSACHUSETTS BIOMEDICAL
RESEARCH) SERIES A-1,7.10% 8/1/99
MASSACHUSETTS MASSACHUSETTS IND. FIN. AGCY. REV. 9,800,000 10,473,750
RFDG. (ATLANTICARE MED. CTR.)
SERIES A, 10.125%11/1/14
MASSACHUSETTS MASSACHUSETTS IND. FIN. AGCY. REV. 10,000,000 11,062,500
RFDG. (EMERSON COLLEGE) SERIES A,
8.90% 1/1/18
MASSACHUSETTS MASSACHUSETTS MUNI. WHOLESALE 4,610,000 4,627,288
ELEC. CO. PWR. SUPPLY SYS. REV.
RFDG. 5% 7/1/10 (AMBACINSURED)
MASSACHUSETTS MASSACHUSETTS MUNI. WHOLESALE 1,300,000 1,371,500
ELEC. CO. PWR. SUPPLY SYS. REV.
SERIES D, 6% 7/1/06
MASSACHUSETTS MASSACHUSETTS TPK. AUTH. 9,000,000 8,595,000
METROPOLITAN HWY. SYS. REV. SERIES
A, 5% 1/1/27 (MBIA INSURED)
MASSACHUSETTS MASSACHUSETTS TPK. AUTH. 4,000,000 3,925,000
METROPOLITAN HWY. SYS. REV. SERIES
A, 5.125% 1/1/23 (MBIA INSURED)
MASSACHUSETTS MASSACHUSETTS TPK. AUTH. 15,715,000 15,715,000
METROPOLITAN HWY. SYS. REV. SERIES
B, 5.25% 1/1/17 (MBIA INSURED)
MASSACHUSETTS MASSACHUSETTS TPK. AUTH. WESTERN 12,150,000 12,371,981
TPK. REV. SERIES A, 5.55% 01/1/17
(MBIA INSURED)
MASSACHUSETTS NEW ENGLAND ED. LOAN MARKETING 18,500,000 19,309,375
CORP. REV. RFDG. (STUDENT LOAN)
SERIES A, 5.70% 7/1/05(AMT)
MASSACHUSETTS NEW ENGLAND ED. LOAN MARKETING 2,500,000 2,562,500
CORP. REV. RFDG. (STUDENT LOAN)
SERIES B, 5.40% 6/1/00
MASSACHUSETTS NEW ENGLAND ED. LOAN MARKETING 2,500,000 2,540,625
CORP. REV. RFDG. (STUDENT LOAN)
SERIES G, 5% 8/1/00
MASSACHUSETTS NEW ENGLAND ED. LOAN MARKETING 2,000,000 2,052,500
CORP. REV. RFDG. (STUDENT LOAN)
SERIES G, 5.20% 8/1/02
MASSACHUSETTS PALMER GEN. OBLIG. RFDG. 5.50% 3,000,000 3,082,500
10/1/10 (MBIA INSURED)
MICHIGAN DETROIT CONVENTION FACS. REV. 4,000,000 4,015,000
RFDG. (COBO HALL EXPANSION PROJ.)
5.25% 9/30/12
MICHIGAN DETROIT HOSP. FIN. AUTH. HOSP. 42,640,000 7,675,200
FACS. REV. RFDG. (MICHIGAN HEALTH
CARE CORP. PROJ.) 0%12/1/20
MICHIGAN FLINT HOSP. BLDG. AUTH. REV. 4,750,000 5,159,688
(HURLEY MED. CTR.) 7.80% 7/1/14
MICHIGAN FLINT MICHIGAN HOSP. BLDG. AUTH. 500,000 521,250
REV. RFDG. (HURLEY MED. CTR.)
SERIES A, 6% 7/1/06
MICHIGAN HIGHLAND PARK HOSP. FIN. AUTH. 9,330,000 23,325
HOSP. FACS. REV. (LAKESIDE COMMTY.
HOSP. PROJ.) 0% 3/1/20
MICHIGAN HIGHLAND PARK HOSP. FIN. AUTH. 7,350,000 1,323,000
HOSP. FACS. REV. 9.875% 12/1/19
MICHIGAN JACKSON COUNTY HOSP. FIN. AUTH. 2,000,000 1,867,500
HOSP. REV. RFDG. (W.A. FOOTE MEM.
HOSP.) SERIES A,4.75% 6/1/15 (FGIC
INSURED)
MICHIGAN MICHIGAN BLDG. AUTH. REV. SERIES 1,100,000 1,159,125
II, 6.25% 10/1/20 (MBIA INSURED)
MICHIGAN MICHIGAN HOSP. FIN. AUTH. REV. 1,000,000 1,115,000
RFDG. (BAY MED. CTR.) SERIES A,
8.25% 7/1/12
MICHIGAN MICHIGAN HOSP. FIN. AUTH. REV. 3,000,000 3,082,500
RFDG. (SISTERS OF MERCY HEALTH
CORP.) 5.375% 8/15/14(MBIA
INSURED)
MICHIGAN MICHIGAN HSG. DEV. AUTH. SINGLE 470,000 492,325
FAMILY MTG. REV. SERIES A, 7.50%
6/1/15
MICHIGAN MICHIGAN HSG. DEV. AUTH. SINGLE 1,475,000 1,535,844
FAMILY MTG. REV. SERIES A, 7.70%
12/1/16
MICHIGAN MICHIGAN STRATEGIC FUND LTD. 11,400,000 12,882,000
OBLIG. REV. (MERCY SVCS. FOR AGING
PROJ.) 9.40% 5/15/20(PRE-REFUNDED
TO 5/15/00 @ 102)
MICHIGAN MICHIGAN UNIV. REV. RFDG. (UNIV. 7,750,000 8,021,250
HOSP. PROJ.) SERIES A, 5.75%
12/1/12
MICHIGAN ROYAL OAK HOSP. FIN. AUTH. HOSP. 3,695,000 3,791,994
REV. RFDG. (WILLIAM BEAUMONT
HOSP.) 5.50% 1/1/14
MICHIGAN ROYAL OAK HOSP. FIN. AUTH. REV. 400,000 444,500
RFDG. (WILLIAM BEAUMONT HOSP.)
6.25% 1/1/09
MICHIGAN TAWAS CITY HOSP. FIN. AUTH. HOSP. 385,000 395,695
REV. (ST. JOSEPH HOSP. PROJ.)
SERIES A, 8.50%3/15/12
MICHIGAN WESTERN TOWNSHIPS UTIL. AUTH. SWR. 2,000,000 2,112,820
DISP. SYS. LTD. TAX 8.20% 1/1/18
MICHIGAN WESTERN TOWNSHIPS UTIL. AUTH. SWR. 2,810,000 2,026,713
DISP. SYS. RFDG. (CAP.
APPRECIATION) 0% 1/1/05
(FSAINSURED)
MINNESOTA CENTENNIAL INDEPENDANT SCHOOL 2,610,000 2,554,538
DIST. #12 RFDG. SERIES B, 4.875%
2/1/12 (FGIC INSURED)
MINNESOTA MAPLEWOOD HEALTH CARE FACS. REV. 1,000,000 1,036,250
(HEALTHEAST PROJ.) 5.80% 11/15/03
MINNESOTA MINNEAPOLIS & ST. PAUL HSG. & 12,500,000 11,734,375
REDEV. AUTH. HEALTH CARE SYS. REV.
RFDG. (HEALTHSPANHEALTH SYS.
CORP.) SERIES A, 4.75% 11/15/18
(AMBAC INSURED)
MINNESOTA MINNEAPOLIS GEN. OBLIG. (CAP. 1,175,000 904,750
APPRECIATION) SERIES B, 0% 12/1/03
MINNESOTA MINNESOTA HSG. FIN. AGCY. (SINGLE 5,750,000 5,857,813
FAMILY MTG.) SERIES B, 5.80%
7/1/25 (AMT)
MINNESOTA MINNESOTA UNIV. RFDG. 4.80% 15,000,000 15,300,000
8/15/03
MINNESOTA NORTHERN MUNI. PWR. AGCY. ELEC. 1,700,000 1,790,202
SYS. REV. RFDG. SERIES A, 7.25%
1/1/16
MINNESOTA ROCHESTER HEALTH CARE FACS. REV. 2,000,000 2,200,000
RFDG. (MAYO FOUNDATION/MAYO MED.
CTR.) SERIES I,5.90% 11/15/09
MINNESOTA ROCHESTER HEALTH CARE FACS. REV. 2,250,000 2,466,563
RFDG. (MAYO FOUNDATION/MYAO MED.
CTR.) SERIES I,5.90% 11/15/10
MINNESOTA ST. CLOUD HOSP. FACS. AUTH. REV. 2,000,000 2,022,500
RFDG. (ST. CLOUD HOSP. PROJ.)
SERIES C, 5.25% 10/1/13(AMBAC
INSURED)
MINNESOTA ST. PAUL HGS. & REDEVELOPMENT 1,000,000 1,022,500
AUTH. HOSP. REV. SERIES B, 9.75%
11/1/17
MINNESOTA WESTERN MINNESOTA MUNI. PWR. AGCY. 1,890,000 2,060,100
PWR. SUPPLY REV. SERIES B, 6%
1/1/04 (AMBAC INSURED)
MINNESOTA WESTERN MINNESOTA MUNI. PWR. AGCY. 500,000 560,625
REV. RFDG. SERIES A, 6.25% 1/1/06
(AMBAC INSURED)
MINNESOTA WESTERN MINNESOTA MUNI. PWR. AGCY. 500,000 500,000
WTR. SUPPLY REV. RFDG. SERIES A,
5.50% 1/1/10 (AMBAC INSURED)
MINNESOTA WESTERN MINNESOTA MUNI. PWR. AGCY. 3,525,000 3,674,813
WTR. SUPPLY REV. RFDG. SERIES A,
5.50% 1/1/11 (AMBAC INSURED)
MINNESOTA WESTERN MINNESOTA MUNI. PWR. 1,750,000 1,826,563
AGNCY. PWR. SUPPLY REV. RFDG.
SERIES A, 5.50% 1/1/12 (AMBAC
INSURED)
MISSISSIPPI HINDS COUNTY CTFS. OF PRTN. (HINDS 1,095,000 1,164,806
COUNTY WELFARE DEPT. PROJ.) 7.75%
3/1/09(PRE-REFUNDED TO 3/1/99 @
102)
MISSISSIPPI HINDS COUNTY REV. RFDG. 4,000,000 4,220,000
(MISSISSIPI METHODIST HOSP. &
REHABILITATION) 5.60% 5/1/12(AMBAC
INSURED)
MISSISSIPPI MISSISSIPPI HOME CORP. SINGLE 275,000 296,313
FAMILY REV. RFDG. SERIES 1990-A,
9.25% 3/1/12 (FGICINSURED)
MISSOURI BOONE COUNTY IND. DEV. AUTH. IND. 2,175,000 2,593,688
REV. (1ST. MTG.) (FAIRVIEW
EXTENDED CARE) SERIES A, 10.125%
1/1/11 (PRE-REFUNDED TO 1/1/01 @
103)
MONTANA MONTANA BOARD OF INVESTMENT 2,005,000 2,187,956
PAYROLL TAX (WORKERS COMPENSATION)
6.875% 6/1/20 (MBIA INSURED)
(ESCROWED TO MATURITY)
MONTANA MONTANA BOARD OF INVESTMENT 1,255,000 1,369,519
PAYROLL TAX (WORKERS COMPENSATION)
6.875% 6/1/20 (MBIA INSURED)
(ESCROWED TO MATURITY)
MONTANA MONTANA BOARD OF INVESTMENT 3,870,000 4,223,138
PAYROLL TAX (WORKERS COMPENSATION)
6.875% 6/1/20 (MBIA INSURED)
(ESCROWED TO MATURITY)
MONTANA MONTANA BOARD OF INVESTMENT 6,200,000 7,068,000
PAYROLL TAX (WORKERS COMPENSATION)
SERIES 1991, 6.875% 6/1/11(MBIA
INSURED) (ESCROWED TO MATURITY)
MONTANA MONTANA COAL SEVERANCE TAX RFDG. 2,000,000 2,102,500
(BROADWATER PWR. PROJ.) SERIES A,
6.875% 12/1/11*
NEBRASKA DOUGLAS COUNTY HOSP. AUTH. #1 REV. 3,250,000 3,599,375
RFDG. (IMMANUEL MED. CTR., INC.)
6.90% 9/1/11(AMBAC INSURED)
NEBRASKA NEBRASKA PUB. PWR. DIST. REV. 1,500,000 1,606,875
(ELEC. SYS.) SERIES A, 6% 1/1/06
NEBRASKA NEBRASKA PUB. PWR. DIST. REV. 6,065,000 6,087,744
RFDG. (PWR. SUPPLY SYS.) SERIES B,
5.25% 1/1/13 (MBIAINSURED)
NEBRASKA NEBRASKA PUB. PWR. DIST. REV. 5,880,000 5,902,050
RFDG. (PWR. SUPPLY SYS.) SERIES C,
5% 1/1/10 (MBIA INSURED)
NEBRASKA NEBRASKA PUB. PWR. DIST. REV. 10,000,000 9,525,000
RFDG. (PWR. SUPPLY SYS.) SERIES C,
5% 1/1/17
NEBRASKA SCOTTS BLUFF COUNTY HOSP. AUTH. #1 3,000,000 3,258,750
HOSP. REV. RFDG. (REG'L. WEST MED.
CTR. PROJ.)6.45% 12/15/04
NEVADA LAS VEGAS DOWNTOWN REDEV. AGCY. 500,000 516,875
TAX INCREMENT REV. (SUB. LIEN
FREMONT STATE PROJ.)SERIES A,
6.10% 6/15/14
NEW HAMPSHIRE NEW HAMPSHIRE HIGHER EDL. & HEALTH 3,470,000 4,285,450
FACS. AUTH. REV. (1ST. MTG.
RIVERWOODS AT EXETER)9% 3/1/23
(PRE-REFUNDED TO 3/1/03 @ 103)
NEW HAMPSHIRE NEW HAMPSHIRE HIGHER EDL. & HEALTH 3,595,000 3,851,144
FACS. AUTH. REV. (LITTLETON HOSP.
ASSOC., INC.)SERIES A, 9.50%
5/1/20
NEW HAMPSHIRE NEW HAMPSHIRE TPK. SYS. REV. RFDG. 2,500,000 2,934,375
SERIES A, 7% 11/1/06 (FGIC
INSURED)
NEW JERSEY CAMDEN COUNTY MUNI. UTIL. AUTH. 1,060,000 1,171,300
SWR. REV. RFDG. 6% 7/15/06 (FGIC
INSURED)
NEW JERSEY NEW JERSEY ECON. DEV. AUTH. ECON. 3,500,000 3,625,965
DEV. REV. RFDG. (STOLT TERM.
PROJ.) 10.50% 1/15/18
NEW JERSEY NEW JERSEY HEALTH CARE FACS. FING. 1,635,000 1,908,863
AUTH. REV. (CHRIST HOSP. GROUP
ISSUE) 7% 7/1/06(CONNIE LEE
INSURED)
NEW JERSEY NEW JERSEY TPK. AUTH. TPK. REV. 1,000,000 1,152,500
RFDG. SERIES C, 6.50% 1/1/09
(AMBAC INSURED)
NEW JERSEY NEW JERSEY TRANS. TRUST FUND AUTH. 7,650,000 7,965,563
RFDG. (TRANS. SYS.) SERIES A,
5.50% 6/15/11(MBIA INSURED)
NEW JERSEY NEW JERSEY TRANS. TRUST FUND AUTH. 1,035,000 1,122,975
RFDG. (TRANS. SYS.) SERIES A, 6%
6/15/03(AMBAC INSURED)
NEW JERSEY NEW JERSEY TRANS. TRUST FUND AUTH. 16,700,000 18,244,750
RFDG. (TRANS. SYS.) SERIES A, 6%
6/15/04 (AMBACINSURED)
NEW JERSEY NEW JERSEY TRANS. TRUST FUND AUTH. 1,000,000 1,130,000
RFDG. (TRANS. SYS.) SERIES A,
6.50% 6/15/05 (AMBACINSURED)
NEW JERSEY NEW JERSEY TRANS. TRUST FUND AUTH. 10,000,000 5,925,000
RFDG. (TRANS. SYS.) SERIES B,
5.25% 6/15/12
NEW JERSEY NEW JERSEY TRANS. TRUST FUND AUTH. 3,000,000 3,525,000
RFDG. (TRANS. SYS.) SERIES B,
6.50% 6/15/10 (MBIAINSURED)
NEW JERSEY NEW JERSEY TRANSIT CORP. SERIES A, 1,345,000 1,400,481
5.40% 9/1/02 (FSA INSURED)
NEW JERSEY NEW JERSEY WASTEWTR. TREATMENT 3,475,000 3,831,188
TRUST REF. SERIES C, 6.25% 5/15/04
(MBIA INSURED)
NEW JERSEY PASSAIC COUNTY UTIL. AUTH. SOLID 3,580,000 3,119,075
WASTE DISP. REV. RFDG. (CAP.
APPRECIATION) 0% 3/1/01 (MBIA
INSURED)
NEW JERSEY WARREN COUNTY POLL. CONT. FING. 1,000,000 1,085,000
AUTH. RESOURCE RECOVERY REV. 6.55%
12/1/06 (MBIAINSURED)
NEW MEXICO ALBUQUERQUE ARPT. REV. RDFG. 6.75% 1,700,000 1,963,500
7/1/10 (AMBAC INSURED) (AMT)
NEW MEXICO ALBUQUERQUE ARPT. REV. RFDG. 6.25% 1,100,000 1,190,750
7/1/03 (AMBAC INSURED) (AMT)
NEW MEXICO ALBUQUERQUE ARPT. REV. RFDG. 6.50% 1,500,000 1,698,750
7/1/08 (AMBAC INSURED) (AMT)
NEW MEXICO ALBUQUERQUE ARPT. REV. RFDG. 6.70% 2,500,000 2,793,750
7/1/18 (AMBAC INSURED) (AMT)
NEW MEXICO ALBUQUERQUE ARPT. REV. RFDG. 6.75% 1,150,000 1,328,250
7/1/09 (AMBAC INSURED) (AMT)
NEW MEXICO ALBUQUERQUE ARPT. REV. RFDG. 6.75% 1,935,000 2,242,181
7/1/12 (AMBAC INSURED) (AMT)
NEW MEXICO ALBUQUERQUE ARPT. REV. SERIES A, 2,375,000 2,588,750
6.60% 7/1/16 (AMBAC INSURED)
NEW MEXICO ALBUQUERQUE REFUSE REMOVAL & DISP. 2,500,000 2,606,250
REV. RFDG. 5.25% 7/1/09 (AMBAC
INSURED)
NEW MEXICO NEW MEXICO EDL. ASSISTANCE 5,020,000 5,120,400
FOUNDATION STUDENT LOAN REV.
SERIES B, 5.25% 4/1/05
(AMBACINSURED)
NEW MEXICO NEW MEXICO UNIV. REV. RFDG. SERIES 5,340,000 5,907,375
A, 6% 6/1/21
NEW MEXICO RIO RANCHO WTR. & WASTEWTR. SYS. 1,600,000 1,668,000
REV. SERIES A, 5.90% 5/15/15 (FSA
INSURED)
NEW YORK METROPOLITAN TRANS. AUTH. COMMUTER 5,000,000 5,137,500
FACS. REV. SERIES A, 5.625% 7/1/27
(MBIA INSURED)
NEW YORK METROPOLITAN TRANS. AUTH. COMMUTER 2,890,000 3,074,238
FACS. REV. SERIES A, 6% 7/1/21
(FGIC INSURED)
NEW YORK METROPOLITAN TRANS. AUTH. FACS. 2,000,000 2,150,000
REV. SERIESA, 6% 7/1/16 (FGIC
INSURED)
NEW YORK METROPOLITAN TRANS. AUTH. SVC. 1,000,000 1,062,500
CONTRACT COMMUTER FACS. SERIES O,
5.75% 7/1/08
NEW YORK METROPOLITAN TRANS. AUTH. SVC. 3,840,000 4,080,000
CONTRACT COMMUTER FACS. SERIES O,
5.75% 7/1/08
NEW YORK METROPOLITAN TRANS. AUTH. SVC. 7,650,000 8,051,625
CONTRACT COMMUTER FACS. SERIES O,
5.75% 7/1/13
NEW YORK METROPOLITAN TRANS. AUTH. SVC. 1,000,000 1,092,500
CONTRACT TRANSIT RFDG. SERIES 5,
6.90% 7/1/05
NEW YORK METROPOLITAN TRANS. AUTH. SVC. 1,000,000 1,038,750
CONTRACT TRANSIT RFDG. SERIES 7,
5.40% 7/1/06
NEW YORK METROPOLITAN TRANS. AUTH. TRANSIT 11,430,000 11,930,063
FACS. REV. SERIES A, 5.75% 7/1/21
(MBIA INSURED)
NEW YORK METROPOLITAN TRANS. AUTH. 3,500,000 3,911,250
TRANSPORT FACS. REV. RFDG. SERIES
K, 6.30% 7/1/06 (MBIAINSURED)
NEW YORK METROPOLITAN TRANS. AUTH. 5,000,000 5,612,500
TRANSPORT FACS. REV. RFDG. SERIES
K, 6.30% 7/1/07 (MBIAINSURED)
NEW YORK METROPOLITAN TRANS. AUTH. 5,000,000 5,362,500
TRANSPORT FACS. REV. SERIES A,
6.10% 7/1/21 (FSA INSURED)
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 5,000,000 5,375,000
SERIES A, 6.375% 8/1/05
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 2,000,000 2,235,000
SERIES A, 7% 8/1/03
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 6,000,000 6,300,000
SERIES B, 5.70% 8/15/02
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 3,000,000 3,217,500
SERIES C, 6.50% 8/1/07
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 1,000,000 1,090,000
SERIES D, 6.60% 2/1/03
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 10,285,000 10,657,831
SERIES E, 5.40% 2/15/03
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 3,500,000 3,889,375
SERIES E, 6.50% 2/15/04 (FGIC
INSURED)
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 3,580,000 3,718,725
SERIES H, 5.40% 8/1/04
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 5,000,000 5,187,500
SERIES H, 5.50% 8/1/01
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 4,000,000 4,420,000
SERIES H, 6% 8/1/07 (FGIC INSURED)
NEW YORK NEW YORK CITY GEN. OBLIG. RFDG. 4,940,000 5,384,600
SERIES H, 7.875% 8/1/00
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 4,900,000 4,911,564
A, 6% 8/1/18 (FSA INSURED)
(ESCROWED TO MATURITY)
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 2,000,000 2,222,500
B, 7.50% 2/1/02
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 19,000,000 21,232,500
B, 7.50% 2/1/03
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 1,500,000 1,670,625
B, 7.50% 2/1/04
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 4,120,000 4,459,900
C, 6.40% 8/1/03
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 500,000 550,625
D, 6.50% 2/15/05
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 995,000 1,054,700
F, 6.10% 2/15/02
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 1,495,000 1,597,781
F, 6.10% 2/15/02 (ESCROWED TO
MATURITY)
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 2,000,000 2,150,000
F, 8.10% 11/15/99
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 3,000,000 3,090,000
G, 5.40% 2/1/01
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 12,595,000 13,098,800
G, 5.60% 2/1/02
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 245,000 263,069
H, 6.90% 2/1/01
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 1,640,000 1,771,200
H, 6.90% 2/1/01 (ESCROWED TO
MATURITY)
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 3,000,000 3,206,250
J, 6% 2/15/04
NEW YORK NEW YORK CITY GEN. OBLIG. SERIES 16,300,000 16,395,029
L, 4.75% 8/1/98
NEW YORK NEW YORK CITY IND. DEV. AGCY. SPL. 500,000 531,875
FACS. REV. (TERM. ONE GROUP ASSOC.
PROJ.) 6% 1/1/08(AMT)
NEW YORK NEW YORK CITY IND. DEV. AUTH. 2,050,000 2,180,687
(JAPAN AIRLINES CO. LTD. PROJ.)
SERIES 91 , 6% 11/1/15 (FSA
INSURED) LOC MORGAN GUARANTY TRUST
CO. (AMT)
NEW YORK NEW YORK CITY MUNI. ASSISTANCE 23,750,000 25,798,438
CORP. RFDG. SERIES E, 6% 7/1/04
NEW YORK NEW YORK CITY MUNI. ASSISTANCE 8,500,000 9,265,000
CORP. RFDG. SERIES H, 6% 7/1/05
NEW YORK NEW YORK CITY MUNI. ASSISTANCE 5,340,000 5,800,575
CORP. RFDG. SERIES J, 6% 7/1/04
NEW YORK NEW YORK CITY MUNI. WTR. FIN. 1,325,000 1,376,344
AUTH. WTR. & SWR. SYS. REV. SERIES
B, 5.875% 6/15/26
NEW YORK NEW YORK CITY RFDG. SERIES B, 5,000 5,225
5.50% 8/15/01(ESCROWED TO
MATURITY)
NEW YORK NEW YORK CITY TRUST CULTURAL 6,500,000 6,686,875
RESOURCES REV. (AMERICAN MUSEUM OF
NAT'L. HISTORY)SERIES A, 5.65%
4/1/27 (MBIA INSURED)
NEW YORK NEW YORK GEN. OBLIG. SERIES A, 250,000 279,063
7.75% 8/17/07
NEW YORK NEW YORK GEN. OBLIG. SERIES B, 395,000 409,813
5.5% 8/15/01
NEW YORK NEW YORK STATE DORM. AUTH. LEASE 2,500,000 2,696,875
REV. RFDG.(STATE UNIV. DORM.
FACS.) SERIES A, 6%7/1/03 (AMBAC
INSURED)
NEW YORK NEW YORK STATE DORM. AUTH. REV. 2,465,000 2,622,144
(STATE UNIV. EDL. FACS.) 5.75%
5/15/09
NEW YORK NEW YORK STATE DORM. AUTH. REV. 7,000,000 8,172,990
(SUFFOLK COUNTY JUDICIAL FACS.)
SERIES A, 9.50% 4/15/14
NEW YORK NEW YORK STATE DORM. AUTH. REV. 2,500,000 2,568,750
RFDG. (STATE UNIV. EDL. FACS.)
SERIES A, 5.25% 5/15/15 (AMBAC
INSURED)
NEW YORK NEW YORK STATE DORM. AUTH. REV. 750,000 789,375
RFDG. (STATE UNIV. EDL. FACS.)
SERIES A, 5.50% 5/15/05
NEW YORK NEW YORK STATE DORM. AUTH. REV. 3,500,000 3,696,875
RFDG. (STATE UNIV. EDL. FACS.)
SERIES A, 5.50% 5/15/08
NEW YORK NEW YORK STATE DORM. AUTH. REV. 1,500,000 1,567,500
RFDG. (STATE UNIV. EDL. FACS.)
SERIES A, 5.50% 5/15/10
NEW YORK NEW YORK STATE DORM. AUTH. REV. 24,350,000 25,050,062
RFDG. (STATE UNIV. EDL. FACS.)
SERIES A, 5.50% 5/15/13
NEW YORK NEW YORK STATE DORM. AUTH. REV. 7,000,000 7,560,000
RFDG. (STATE UNIV. EDL. FACS.)
SERIES A, 5.875% 5/15/11
NEW YORK NEW YORK STATE DORM. AUTH. REV. 3,000,000 3,322,500
RFDG. (STATE UNIV. EDL. FACS.)
SERIES A, 6.50% 5/15/04
NEW YORK NEW YORK STATE DORM. AUTH. REV. 6,865,000 7,388,456
RFDG. (STATE UNIV. EDL. FACS.)
SERIES A,5.875% 5/15/17
NEW YORK NEW YORK STATE DORM. AUTH. REV. 1,000,000 1,036,250
RFDG. (STATE UNIV. EDL. FACS.)
SERIES B, 5.25% 5/15/05
NEW YORK NEW YORK STATE DORM. AUTH. REV. 8,000,000 8,110,000
RFDG. (STATE UNIV. EDL. FACS.)
SERIES B, 5.25% 5/15/11
NEW YORK NEW YORK STATE DORM. AUTH. REV. 3,000,000 3,168,750
RFDG. (STATE UNIV. EDL. FACS.)
SERIES B, 5.50% 5/15/08
NEW YORK NEW YORK STATE ENVIR. FACS. CORP. 2,000,000 2,155,000
POLL. CONT. REV. RFDG. (STATE WTR.
REVOLVING FUND)(NEW YORK CITY
MUNI. WTR.) SERIES A, 5.75%
6/15/12
NEW YORK NEW YORK STATE LOCAL GOV'T. 2,000,000 1,202,500
ASSISTANCE CORP. (CAP.
APPRECIATION) SERIES A, 0% 4/1/08
NEW YORK NEW YORK STATE LOCAL GOV'T. 5,000,000 3,006,250
ASSISTANCE CORP. (CAP.
APPRECIATION) SERIES B, 0% 4/1/08
NEW YORK NEW YORK STATE LOCAL GOV'T. 10,000,000 4,462,500
ASSISTANCE CORP. RFDG. (CAP.
APPRECIATION) SERIES C,0% 4/1/13
NEW YORK NEW YORK STATE LOCAL GOV'T. 11,000,000 11,013,750
ASSISTANCE CORP. RFDG. SERIES A,
5.375% 4/1/16
NEW YORK NEW YORK STATE LOCAL GOV'T. 2,200,000 2,326,500
ASSISTANCE CORP. RFDG. SERIES A,
5.50% 4/1/04 (AMBACINSURED)
NEW YORK NEW YORK STATE LOCAL GOV'T. 5,000,000 4,756,250
ASSISTANCE CORP. RFDG. SERIES C,
5% 4/1/21
NEW YORK NEW YORK STATE LOCAL GOV'T. 36,850,000 37,679,125
ASSISTANCE CORP. RFDG. SERIES C,
5.50% 4/1/17
NEW YORK NEW YORK STATE LOCAL GOV'T. 15,575,000 15,555,531
ASSISTANCE CORP. RFDG. SERIES E,
5.25% 4/1/16
NEW YORK NEW YORK STATE LOCAL GOV'T. 10,335,000 11,265,150
ASSISTANCE CORP. RFDG. SERIES E,
6% 4/1/14
NEW YORK NEW YORK STATE LOCAL GOV'T. 18,140,000 18,752,225
ASSISTANCE CORP. SERIES B, 6%
4/1/18
NEW YORK NEW YORK STATE LOCAL GOV'T. 4,600,000 4,922,000
ASSISTANCE CORP. SERIES C, 6.50%
4/1/15
NEW YORK NEW YORK STATE MED. CARE FACS. 1,500,000 1,616,250
FIN. AGCY. REV. (MTG. PROJ.)
SERIES E, 6.20% 2/15/15(FHA
GUARANTEED)
NEW YORK NEW YORK STATE MTG. AGCY. REV. 5,000,000 5,193,750
(HOMEOWNER MTG.) SERIES 48, 6.05%
4/1/17 (AMT)
NEW YORK NEW YORK STATE THRUWAY AUTH. HWY. 1,500,000 1,591,875
& BRIDGE TRUST FUND SERIES A,
5.80% 4/1/09
NEW YORK NEW YORK STATE THRUWAY AUTH. HWY. 2,345,000 2,588,294
& BRIDGE TRUST FUND SERIES A,
6.25% 4/1/04 (MBIAINSURED)
NEW YORK NEW YORK STATE TOLLWAY AUTH. GEN. 8,500,000 5,896,875
REV. (SPL. OBLIG.) (CAP.
APPRECIATION) SERIES A, 0%1/1/05
NEW YORK NEW YORK STATE URBAN DEV. CORP. 1,000,000 1,025,000
REV. RFDG. (CORRECTIONAL FACS.)
SERIES A, 5.10% 1/1/09 (AMBAC
INSURED)
NEW YORK NEW YORK STATE URBAN DEV. CORP. 2,300,000 2,423,625
REV. RFDG. (STATE FACS.) 5.75%
4/1/11
NEW YORK NIAGARA COUNTY IND. DEV. AGCY. 4,210,000 1,894,500
IND. DEV. REV. (WINTERGARDEN INN
ASSOC. PROJ.)0% 6/1/11
NEW YORK NIAGARA FALLS PUB. IMPT. 7.50% 500,000 642,500
3/1/18 (MBIA INSURED)
NEW YORK SUFFOLK COUNTY WTR. AUTH. 3,000,000 3,078,750
WATERWKS. REV. RFDG. (SR, LIEN)
5.10% 6/1/09 (MBIA INSURED)
NEW YORK TRIBOROUGH BRIDGE & TUNNEL AUTH. 2,325,000 2,752,219
REV. (CONVENTION CTR. PROJ.)
SERIES E, 7.25% 1/1/10
NEW YORK TRIBOROUGH BRIDGE & TUNNEL AUTH. 3,155,000 2,906,544
REV. (GEN. PURP.) SERIES A, 4.75%
1/1/19
NEW YORK TRIBOROUGH BRIDGE & TUNNEL AUTH. 16,100,000 16,824,500
REV. RFDG. (GEN. PURP.) SERIES Y,
5.50% 1/1/17
NEW YORK TRIBOROUGH BRIDGE & TUNNEL AUTH. 2,075,000 2,023,125
REV. SERIES A, 5.125% 1/1/22
NORTH CAROLINA NORTH CAROLINA EASTERN MUNI. PWR. 1,000,000 1,052,500
AGCY. PWR. SYS. REV. RFDG. SERIES
A, 5.50% 1/1/04(MBIA INSURED)
NORTH CAROLINA NORTH CAROLINA EASTERN MUNI. PWR. 1,000,000 1,053,750
AGCY. PWR. SYS. REV. RFDG. SERIES
A, 5.50% 1/1/05(MBIA INSURED)
NORTH CAROLINA NORTH CAROLINA EASTERN MUNI. PWR. 20,000,000 22,875,000
AGCY. PWR. SYS. REV. RFDG. SERIES
B, 7% 1/1/08
NORTH CAROLINA NORTH CAROLINA EASTERN MUNI. PWR. 5,000,000 5,781,250
AGCY. PWR. SYS. REV. RFDG. SERIES
B, 7.25% 1/1/07
NORTH CAROLINA NORTH CAROLINA EASTERN MUNI. PWR. 1,000,000 1,018,750
AGCY. PWR. SYS. REV. RFDG. SERIES
C, 5.25% 1/1/04
NORTH CAROLINA NORTH CAROLINA EASTERN MUNI. PWR. 5,950,000 6,128,500
AGCY. PWR. SYS. REV. RFDG. SERIES
C, 5.50% 1/1/07
NORTH CAROLINA NORTH CAROLINA EASTERN MUNI. PWR. 7,750,000 8,825,312
AGCY. PWR. SYS. REV. RFDG. SERIES
C, 7% 1/1/07
NORTH CAROLINA NORTH CAROLINA EASTERN MUNI. PWR. 11,500,000 12,118,125
AGCY. PWR. SYS. REV. SERIES B, 6%
1/1/05
NORTH CAROLINA NORTH CAROLINA EASTERN MUNI. PWR. 1,350,000 1,407,375
SYS. ELEC. & GAS REV. RFDG. SERIES
A, 6.10% 1/1/01
NORTH CAROLINA NORTH CAROLINA MUNI. PWR. AGCY. #1 4,655,000 4,841,200
CATAWBA ELEC. REV. 5.25% 1/1/09
(MBIA INSURED)
NORTH CAROLINA NORTH CAROLINA MUNI. PWR. AGCY. #1 3,200,000 3,408,000
CATAWBA ELEC. REV. RFDG. 6.25%
1/1/17(AMBAC INSURED)
NORTH CAROLINA NORTH CAROLINE EASTERN MUNI. PWR. 2,000,000 2,120,000
AGCY. PWR. SYS. REV. RFDG. SERIES
A, 6.25% 1/1/03
NORTH DAKOTA MERCER COUNTY POLL. CONT. REV. 11,500,000 14,044,375
RFDG. (ANTELOPE VALLEY
STATION/BASIN ELEC. PWR. COOPER)
7.20% 6/30/13 (AMBAC INSURED)
NORTH DAKOTA MERCER COUNTY POLL. CONT. REV. 3,750,000 4,110,938
RFDG. (MONTANA-DAKOTA UTILS. CO.
PROJ.) 6.65% 6/1/22(FGIC INSURED)
OHIO BEDFORD HOSP. IMPT. REV. RFDG. 935,000 1,024,994
(BEDFORD COMMTY. HOSP.) SERIES
1990, 8.50% 5/15/09(PRE-REFUNDED
TO 5/15/00 @ 102)
OHIO BUTLER COUNTY TRANS. IMPT. DIST. 1,000,000 1,016,250
SERIES A, 5% 4/1/07 (FSA INSURED)
OHIO CLEVELAND ARPT. SYS. REV. SERIES 1,000,000 1,043,750
A, 5.50% 1/1/04 (FSA INSURED)
(AMT)
OHIO CLEVELAND PUB. PWR. SYS. REV. 4,000,000 3,835,000
RFDG. (FIRST MTG.) SERIES 1, 5%
11/15/24 (MBIA INSURED)
OHIO EUCLID CITY SCHOOL DIST. (CAP. 1,265,000 1,019,906
APPRECIATION) 0% 12/1/02, (AMBAC
INSURED)
OHIO EUCLID CITY SCHOOL DIST. (CAP. 1,265,000 972,469
APPRECIATION) 0% 12/1/03, (AMBAC
INSURED)
OHIO MARION COUNTY HOSP. IMPT. REV. 380,000 389,975
RFDG. (COMMTY. HOSP. PROJ.) 5.60%
5/15/01
OHIO OHIO BLDG. AUTH. STATE FACS. 4,000,000 4,180,000
(ADULT CORRECTIONAL) SERIES A,
5.95% 10/1/14 (MBIA INSURED)
OHIO OHIO BLDG. AUTH. WORKERS 8,500,000 8,000,625
COMPENSATION (W. GREEN BLDG. A)
4.75% 4/1/14
OHIO OHIO HSG. FIN. AGCY. MTG. 3,340,000 3,436,025
RESIDENTIAL REV. SERIES A-1, 5.30%
9/1/26 (GNMA COLL.) (AMT
OHIO OHIO HSG. FIN. AGCY. MTG. REV. 1,570,000 1,813,350
(OAKLEAF-TOLEDO APTS. PROJ.)
10.25% 12/20/25, (GNMA COLL.)
OHIO OHIO HSG. FIN. AGCY. MTG. REV. 10,250,000 10,429,375
4.95% 9/1/20 (AMT)
OHIO OHIO TPK. COMMISSION TPK. REV. 1,250,000 1,295,313
SERIES A, 5.60% 2/15/12 (MBIA
INSURED)
OHIO OHIO TPK. COMMISSION TPK. REV. 2,750,000 2,866,875
SERIES A, 5.70% 2/15/13 (MBIA
INSURED)
OHIO OHIO TPK. COMMISSION TPK. REV. 5,000,000 5,187,500
SERIES A, 5.70% 2/15/17 (MBIA
INSURED)
OHIO OHIO WTR. DEV. AUTH. POLL. CONT. 2,925,000 3,257,719
FACS. REV. (WTR. CONT. LOAN FUND)
STATE MATCH SERIES,6.50% 12/1/03
(MBIA INSURED)
OHIO OHIO WTR. DEV. AUTH. REV. RFDG. 1,000,000 1,067,500
(IMPT. PURE WTR. 5.75% 6/1/06
(MBIA INSURED)
OKLAHOMA OKLAHOMA COUNTY IND. AUTH. REV. 2,900,000 3,168,250
(EPWORTH VILLAGE PROJ.) SERIES A,
10.25% 4/1/19(PRE-REFUNDED TO TO
4/1/99 @ 102)
OKLAHOMA TULSA MUNI. ARPT. TRUST REV. 3,600,000 4,018,500
(AMERICAN AIRLINES CORP. PROJ.)
7.35% 12/1/11
OREGON OREGON HEALTH HSG. EDL. & CULTURAL 1,750,000 1,885,625
FACS. AUTH. REV. RFDG. (LEWIS &
CLARK COLLEGE)SERIES A, 6% 10/1/13
(MBIA INSURED)
OREGON OREGON HEALTH HSG. EDL. & CULTURAL 1,000,000 1,068,750
FACS. AUTH. REV. RFDG. (LEWIS &
CLARK COLLEGE)SERIES A, 6.125%
10/1/24 (MBIA INSURED)
OREGON PORT MORROW POLL. CONT. REV. RFDG. 385,000 437,456
(PACIFIC NORTHWEST) SERIES A, 8%
7/15/06
OREGON PORT MORROW POLL. CONT. REV. RFDG. 430,000 488,588
(PACIFIC NORTHWEST) SERIES A, 8%
7/15/07
OREGON PORT MORROW POLL. CONT. REV. RFDG. 480,000 545,400
(PACIFIC NORTHWEST) SERIES A, 8%
7/15/08
OREGON PORT MORROW POLL. CONT. REV. RFDG. 540,000 613,575
(PACIFIC NORTHWEST) SERIES A, 8%
7/15/09
OREGON PORT MORROW POLL. CONT. REV. RFDG. 605,000 687,431
(PACIFIC NORTHWEST) SERIES A, 8%
7/15/10
OREGON PORT MORROW POLL. CONT. REV. RFDG. 385,000 437,456
(PACIFIC NORTHWEST) SERIES A, 8%
7/15/11
OREGON PORT MORROW POLL. CONT. REV. RFDG. 155,000 158,891
(PACIFIC NORTHWEST) SERIES A, 8%
7/15/98
OREGON PORT MORROW POLL. CONT. REV. RFDG. 175,000 185,719
(PACIFIC NORTHWEST) SERIES A, 8%
7/15/99
OREGON PORTLAND SERIES B, 7% 6/1/00 1,385,000 1,483,681
OREGON PORTLAND SERIES B, 7% 6/1/01 1,480,000 1,620,600
OREGON PORTLAND SWR. SYS. REV. RFDG. 2,000,000 2,032,500
SERIES A, 5.25% 3/1/10
OREGON PORTLAND SWR. SYS. REV. SERIES A, 4,250,000 4,696,250
6.25% 6/1/15 (PRE-REFUNDED TO
6/1/04 @ 101)
PENNSYLVANIA ALLEGHENY COUNTY HOSP. DEV. AUTH. 14,140,000 13,645,100
(UNIV. OF PITTSBURG MED. CTR.)
SERIES B, 5.125% 7/1/22 (MBIA
INSURED)
PENNSYLVANIA BUTLER COUNTY HOSP. AUTH. HOSP. 5,000,000 5,493,750
REV. (NORTH HILLS PASSAVANT HOSP.)
SERIES A, 6.80%6/1/06 (FSA
INSURED) (PRE-REFUNDED TO 6/1/01 @
102)
PENNSYLVANIA CAMBRIA COUNTY HOSP. DEV. AUTH. 1,500,000 1,590,000
HOSP. REV. RFDG. & IMPT.
(CONEMAUGH VALLEY HOSP.)SERIES B,
6.375% 7/1/18 (CONNIE LEE INSURED)
PENNSYLVANIA CUMBERLAND COUNTY MUNI. AUTH. REV. 8,400,000 9,040,500
RFDG. (1ST. MTG.-CARLISLE HOSP. &
HEALTH) 6.80%11/15/23
PENNSYLVANIA DELAWARE COUNTY AUTH. REV. (1ST. 1,100,000 1,129,568
MTG. RIDDLE VILLAGE PROJ.) 7%
6/1/00 (ESCROWED TOMATURITY)
PENNSYLVANIA DELAWARE COUNTY AUTH. REV. (1ST. 4,500,000 5,523,750
MTG. RIDDLE VILLAGE PROJ.) 8.25%
6/1/22 (ESCROWED TOMATURITY)
PENNSYLVANIA DELAWARE COUNTY AUTH. REV. (1ST. 6,170,000 7,481,125
MTG. RIDDLE VILLAGE PROJ.) 9.25%
6/1/22 (PRE-REFUNDEDTO 6/1/02 @
102)
PENNSYLVANIA DELAWARE COUNTY AUTH. REV. (1ST. 2,000,000 2,387,500
MTG. RIDDLE VILLAGE PROJ.) SERIES
1992, 8.75% 6/1/10 (PRE-REFUNDED
TO 6/1/02 @ 102)
PENNSYLVANIA DELAWARE COUNTY IND. DEV. AUTH. 12,750,000 13,483,125
REV. RFDG. (RESOURCE RECOVERY
FAC.) SERIES A, 6.10%7/1/13
PENNSYLVANIA MONTGOMERY COUNTY HIGHER ED. & 135,000 148,163
HEALTH AUTH. HOSP. REV. (UNITED
HOSP., INC.) SERIES A,8.375%
11/1/03 (PRE-REFUNDED TO 11/1/99 @
102)
PENNSYLVANIA MONTGOMERY COUNTY HIGHER ED. & 165,000 175,312
HEALTH AUTH. HOSP. REV. (UNITED
HOSP., INC.) SERIES B,7.50%
11/1/15 (PRE-REFUNDED TO 11/1/99 @
100)
PENNSYLVANIA NORTHUMBERLAND COUNTY AUTH. 11,830,000 5,190,413
COMMONWEALTH LEASE REV.
(CORRECTIONAL FACS.)
(CAP.APPRECIATION) 0% 10/15/13
(MBIA INSURED)
PENNSYLVANIA PENNSYLVANIA CONVENTION CTR. AUTH. 3,000,000 3,341,250
REV. RFDG. SERIES A, 6.60% 9/1/09
(MBIA INSURED)
PENNSYLVANIA PENNSYLVANIA CONVENTION CTR. AUTH. 1,500,000 1,696,875
REV. RFDG. SERIES A, 6.70% 9/1/14
(MBIA INSURED)
PENNSYLVANIA PENNSYLVANIA CONVENTION CTR. AUTH. 4,500,000 4,910,625
REV. RFDG. SERIES A, 6.75% 9/1/19
PENNSYLVANIA PENNSYLVANIA CONVENTION CTR. AUTH. 2,000,000 2,382,500
REV. SERIES A, 6.70% 9/1/16 (FGIC
INSURED)(ESCROWED TO MATURITY)
PENNSYLVANIA PENNSYLVANIA HSG. FIN. AGCY. REV. 980,000 1,008,175
RFDG. (SINGLE FAMILY MTG.) SERIES
54A, 5.375%10/1/28 (AMT)
PENNSYLVANIA PENNSYLVANIA HSG. FIN. AGCY. RFDG. 2,000,000 2,192,500
(MULTI-FAMILY SECTION 8) SERIES C,
8.10% 7/1/13(FHA GUARANTEED)
PENNSYLVANIA PENNSYLVANIA HSG. FIN. AGCY. 10,000,000 10,775,000
SINGLE FAMILY MTG. SERIES 44C,
6.65% 10/1/21 (AMT)
PENNSYLVANIA PENNSYLVANIA HSG. FIN. AGCY. 1,500,000 1,539,375
SINGLE FAMILY MTG. SERIES 51,
5.65% 4/1/20 (AMT)
PENNSYLVANIA PHILADELPHIA GEN. OBLIG. 6.25% 3,400,000 3,744,250
5/15/11 (MBIA INSURED)
PENNSYLVANIA PHILADELPHIA GEN. OBLIG. 6.25% 3,835,000 4,180,150
5/15/13 (MBIA INSURED)
PENNSYLVANIA PHILADELPHIA HOSP. & HIGHER ED. 4,000,000 4,185,000
FACS. AUTH. HOSP. REV. RFDG.
(PENNSYLVANIA HOSP.)5.95% 7/1/03
PENNSYLVANIA PHILADELPHIA HOSP. & HIGHER ED. 4,405,000 4,531,644
FACS. AUTH.HOSP. REV. RFDG.
(PENNSYLVANIA HOSP.) 5.70% 7/1/01
PENNSYLVANIA PHILADELPHIA MUNI. AUTH. REV. 250,000 261,563
RFDG. LEASE SERIES D, 6% 7/15/03
PENNSYLVANIA PHILADELPHIA MUNI. AUTH. REV. 4,000,000 4,220,000
RFDG. SERIES D, 6.125% 7/15/08
PENNSYLVANIA PHILADELPHIA WTR. & SWR. REV. 3,000,000 2,070,000
(CAP. APPRECIATION) 14TH SERIES,
0% 10/1/05 (MBIA INSURED)
PENNSYLVANIA PHILADELPHIA WTR. & WASTEWTR. REV. 1,230,000 1,385,288
6.25% 8/1/09 (MBIA INSURED)
PENNSYLVANIA PHILADELPHIA WTR. & WASTEWTR. REV. 3,000,000 3,386,250
6.75% 8/1/04 (MBIA INSURED)
PENNSYLVANIA PHILADELPHIA WTR. & WASTEWTR. REV. 2,500,000 2,843,750
6.75% 8/1/05 (MBIA INSURED)
PENNSYLVANIA PHILADELPHIA WTR. & WASTEWTR. REV. 3,000,000 2,966,250
RFDG. 5% 6/15/12 (FGIC INSURED)
PENNSYLVANIA PITTSBURGH WTR. & SWR. AUTH. WTR. 3,000,000 2,013,750
& SWR. SYS. REV. RFDG. (CAP.
APPRECIATION) SERIES A, 0% 9/1/06
(FGIC INSURED) (ESCROWED TO
MATURITY)
PENNSYLVANIA PITTSBURGH WTR. & SWR. AUTH. WTR. 3,900,000 2,851,875
& SWR. SYS. REV. RFDG. (CAP.
APPRECIATION) SERIES A,0% 9/1/04
(FGIC INSURED) (ESCROWED TO
MATURITY)
PENNSYLVANIA PITTSBURGH WTR. & SWR. AUTH. WTR. 15,335,000 14,395,731
& SWR. SYS. REV. RFDG. SERIES A,
4.75% 9/1/16 (FGICINSURED)
PENNSYLVANIA SOUTHERN PENNSYLVANIA TRANS. AUTH. 1,000,000 1,116,250
SPL. REV. SERIES A, 6.50% 3/1/05
(FGIC INSURED)
PENNSYLVANIA WYOMING IND. DEV. AUTH. POLL. 4,300,000 4,558,000
CONT. REV. RFDG. (PROCTOR & GAMBLE
PAPER PROJ.) 5.55%5/1/10
RHODE ISLAND RHODE ISLAND DEPOSITORS ECON. 2,645,000 2,820,231
PROTECTION CORP. SPL. OBLIG. RFDG.
SERIES A, 5.75%8/1/12 (MBIA
INSURED)
SOUTH CAROLINA CHARLESTON COUNTY HEALTH FACS. 2,945,000 3,460,375
REV. RFDG. (1ST. MTG. EPISCOPAL
PROJ.) SERIES A, 9.75% 4/1/16
(PRE-REFUNDED TO 4/1/01 @ 102)
SOUTH CAROLINA CHARLESTON COUNTY HEALTH FACS. 2,070,000 2,432,250
REV. RFDG. (1ST. MTG. EPISCOPAL
PROJ.) SERIES B, 9.75% 4/1/16
(PRE-REFUNDED TO 4/1/01 @ 102)
SOUTH CAROLINA CHARLESTON COUNTY RESOURCE 4,500,000 4,652,505
RECOVERY REV. (FOSTER WHEELER
CHARLESTON) SERIES A, 9.25% 1/1/10
(AMT)
SOUTH CAROLINA LEXINGTON COUNTY HEALTH SVCS. 3,000,000 3,345,000
DIST. INC. HOSP. REV. 7% 10/1/08
(FSA INSURED)
SOUTH CAROLINA PIEDMONT MUNI. PWR. AGCY. ELEC. 1,455,000 1,531,388
REV. RFDG. 5.50% 1/1/10 (MBIA
INSURED)
SOUTH CAROLINA PIEDMONT MUNI. PWR. AGCY. ELEC. 1,135,000 1,201,681
REV. RFDG. 5.50% 1/1/10 (MBIA
INSURED) (ESCROWED TOMATURITY)
SOUTH CAROLINA PIEDMONT MUNI. PWR. AGCY. ELEC. 2,945,000 3,140,106
REV. RFDG. 5.60% 1/1/09 (MBIA
INSURED)
SOUTH CAROLINA PIEDMONT MUNI. PWR. AGCY. ELEC. 2,295,000 2,461,388
REV. RFDG. 5.60% 1/1/09 (MBIA
INSURED) (ESCROWED TOMATURITY)
SOUTH CAROLINA PIEDMONT MUNI. PWR. AGCY. ELEC. 9,125,000 9,296,094
REV. RFDG. SERIES B, 5.25% 1/1/11
(MBIA INSURED)
SOUTH CAROLINA RICHLAND COUNTY HOSP. FACS. REV. 1,500,000 1,743,750
(COMMTY. PROVIDER POOLED LOAN
PROG.) SERIES A, 7.125% 7/1/17
(FSA INSURED) (ESCROWED TO
MATURITY)
SOUTH CAROLINA SOUTH CAROLINA ED. ASSISTANCE 1,500,000 1,614,375
AUTH. REV. (STUDENT LOAN) 6.40%
9/1/02 (AMT)
SOUTH CAROLINA SOUTH CAROLINA ED. ASSISTANCE 10,775,000 11,610,063
AUTH. REV. (STUDENT LOAN) 6.625%
9/1/06 (AMT)
SOUTH CAROLINA SOUTH CAROLINA GEN. OBLIG. (STATE 2,300,000 2,492,625
CAP. IMPT.) SERIES B, 5.75% 8/1/04
SOUTH CAROLINA SOUTH CAROLINA PUB. SVC. AUTH. 2,500,000 2,712,500
REV. RFDG. SERIES A, 6.25% 1/1/03
SOUTH CAROLINA SOUTH CAROLINA PUB. SVC. AUTH. 2,565,000 2,808,675
REV. RFDG. SERIES A, 6.25% 1/1/04
(MBIA INSURED)
SOUTH CAROLINA SOUTH CAROLINA PUB. SVC. AUTH. 3,665,000 4,068,150
REV. RFDG. SERIES A, 6.25% 2/1/06
(MBIA INSURED)
SOUTH CAROLINA SOUTH CAROLINA PUB. SVC. AUTH. 3,750,000 3,984,375
REV. RFDG. SERIES A, 6.375% 7/1/21
(AMBAC INSURED)
SOUTH CAROLINA SOUTH CAROLINA PUB. SVC. AUTH. 3,530,000 4,006,550
REV. RFDG. SERIES A, 6.50% 1/1/08
(MBIA INSURED)
SOUTH DAKOTA SOUTH DAKOTA LEASE REV. RFDG. 1,000,000 1,145,000
(TRUST CFTS.) SERIES A, 6.625%
9/1/12 (FSA INSURED)
SOUTH DAKOTA SPEARFISH SCHOOL DIST. #40-2 1,500,000 1,670,625
UNLTD. TAX (LAWRENCE COUNTY) 7.30%
7/1/11 (PRE-REFUNDEDTO 7/1/01 @
102)
TENNESSEE JOHNSON CITY ELEC. REV. 5.15% 5,335,000 5,274,981
5/1/23 (MBIA INSURED)
TENNESSEE KNOX COUNTY HEALTH EDL. & HSG. 2,000,000 2,150,000
FACS. BOARD HOSP. FACS. REV. RFDG.
(FORT SANDERSALLIANCE) SERIES C,
5.75% 1/1/14 (MBIA INSURED)
TENNESSEE MEMPHIS-SHELBY COUNTY ARPT. AUTH. 1,415,000 1,574,188
ARPT. REV. RFDG. SERIES A, 6.25%
2/15/11 (MBIA INSURED)
TENNESSEE MEMPHIS-SHELBY COUNTY ARPT. AUTH. 500,000 567,500
ARPT. REV. RFDG. SERIES B, 6.50%
2/15/09 (MBIA INSURED)
TENNESSEE METROPOLITAN GOV'T. NASHVILLE & 5,600,000 6,573,000
DAVIDSON COUNTY WTR. & SWR. REV.
RFDG. (CAP.APPRECIATION) 0% 1/1/12
(FGIC INSURED) STEPPED COUPON
TENNESSEE METROPOLITAN GOV'T. NASHVILLE & 2,000,000 2,202,500
DAVISON COUNTY WTR. & SWR. REV.
RFDG. 6% 1/1/07(MBIA INSURED)
TENNESSEE SHELBY COUNTY GEN. OBLIG. RFDG. 3,000,000 3,371,250
SERIES A, 6.75% 4/1/04
TENNESSEE TENNESSEE GEN. OBLIG. SERIES A, 7% 2,355,000 2,658,206
3/1/03
TEXAS ALLEN INDEPENDENT SCHOOL DIST. 2,120,000 1,597,950
RFDG. (CAP. APPRECIATION) 0%
2/15/04 (PSF GUARANTEED)
TEXAS ALLEN INDEPENDENT SCHOOL DIST. 2,120,000 1,515,800
RFDG. (CAP. APPRECIATION) 0%
2/15/05 (PSF GUARANTEED)
TEXAS ALLIANCE ARPT. AUTH. SPL. FACS. 7,000,000 8,137,500
REV. (AMERICAN AIRLINES, INC.
PROJ.) 7% 12/1/11 (AMT)
TEXAS ALLIANCE ARPT. AUTH. SPL. FACS. 4,000,000 4,375,000
REV. (AMERICAN AIRLINES, INC.
PROJ.) 7.50% 12/1/29 AMT
TEXAS AUSTIN GEN. OBLIG. RFDG. (PUB. 2,000,000 1,943,720
IMPT.) (CAP. APPRECIATION) SERIES
B, 0% 9/1/98 (MBIAINSURED)
TEXAS AUSTIN INDEPENDENT SCHOOL DIST. 2,100,000 1,711,500
RFDG. (CAP. APPRECIATION) 0%
8/1/02 (PSF GUARANTEED)
TEXAS AUSTIN INDEPENDENT SCHOOL DIST. 500,000 565,625
SCHOOL BLDG. 8.125% 8/1/01 (PSF
GUARANTEED) (ESCROWEDTO MATURITY)
TEXAS AUSTIN UTIL. SYS. REV. (CAPITAL 4,000,000 2,210,000
APPRECIATION) 0% 11/15/09, (AMBAC
INSURED)
TEXAS AUSTIN UTIL. SYS. REV. RFDG. (CAP. 2,400,000 1,245,000
APPRECIATION) 0% 11/15/10 (AMBAC
INSURED)
TEXAS AUSTIN UTIL. SYS. REV. RFDG. (CAP. 4,000,000 3,375,000
APPRECIATION) SERIES A, 0%
11/15/01 (MBIA INSURED)
TEXAS AUSTIN UTIL. SYS. REV. RFDG. 3,895,000 2,283,444
SERIES A, 0% 11/15/08, (MBIA
INSURED)
TEXAS BRAZOS RIVER AUTH. POLL. CONT. 6,620,000 6,996,877
REV. (TEXAS UTILS. ELEC. CO.
PROJ.) SERIES A, 8.25% 1/1/19
(AMT)
TEXAS BRAZOS RIVER AUTH. POLL. CONT. 8,700,000 8,978,661
REV. (TEXAS UTILS. ELEC. CO.)
SERIES A, 9.25% 3/1/18(AMT)
TEXAS CEDAR HILL INDEPENDENT SCHOOL 1,575,000 876,094
DIST. RFDG. (CAP. APPRECIATION) 0%
8/15/09 (PSFGUARANTEED)
TEXAS CONROE INDEPENDENT SCHOOL DIST. 2,360,000 1,519,250
RFDG. (CAP. APPRECIATION) 0%
2/15/07 (PSF GUARANTEED)
TEXAS CONROE INDEPENDENT SCHOOL DIST. 1,100,000 631,125
RFDG. (CAP. APPRECIATION) 0%
2/15/09 (PSF GUARANTEED)
TEXAS CONROE INDEPENDENT SCHOOL DIST. 1,805,000 972,444
RFDG. (CAP. APPRECIATION) 0%
2/15/10 (PSF GUARANTEED)
TEXAS CONROE INDEPENDENT SCHOOL DIST. 1,500,000 763,125
RFDG. (CAP. APPRECIATION) 0%
2/15/11 (PSF GUARANTEED)
TEXAS CONROE INDEPENDENT SCHOOL DIST. 3,000,000 1,826,250
RFDG. (CAP. APPREICATION) 0%
2/15/08 (PSF GUARANTEED)
TEXAS CORPUS CHRISTI INDEPENDENT. SCHOOL 1,535,000 1,310,506
DIST. RFDG. (CAP. APPRECIATION) 0%
8/15/01 (PSF GUANTEED)
TEXAS CORPUS CHRISTI INDEPENDENT. SCHOOL 2,165,000 1,761,769
DIST. RFDG. 0% 8/15/02 (PSF
GUARANTEED)
TEXAS CYPRESS-FAIRBANKS INDEPENDENT 4,250,000 3,208,750
SCHOOL DIST. RFDG. UNLTD. TAX
(CAP. APPRECIATION) 0%2/1/04 (PSF
GUARANTEED)
TEXAS CYPRESS-FAIRBANKS INDEPENDENT 5,000,000 2,400,000
SCHOOL DIST. RFDG. UNLTD. TAX
(CAP. APPRECIATION)SERIES A, 0%
2/15/12 (PSF GUARANTEED)
TEXAS DALLAS-FORT WORTH REG'L. ARPT. 2,295,000 2,590,481
REV. RFDG. (JOINT DALLAS/FORT
WORTH INT'L. ARPT.) 6.50%11/1/05
(FGIC INSURED)
TEXAS DALLAS GEN. OBLIG. 4.50% 2/15/14 2,400,000 2,244,000
TEXAS DALLAS GEN. OBLIG. REF. (DALLAS 7,000,000 7,726,250
DENTON & COLLIN CO.) 6.50% 2/15/03
TEXAS DALLAS GEN. OBLIG. RFDG. (CAP. 5,115,000 4,072,819
APPRECIATION) 0% 2/15/03
TEXAS DALLAS HSG. CORP. CAP. PROG. REV. 1,100,000 1,157,750
RFDG. (SECTION 8 ASSORTED PROJS.)
7.70% 8/1/05
TEXAS DALLAS HSG. CORP. CAP. PROG. REV. 1,000,000 1,056,250
RFDG. (SECTION 8 ASSORTED PROJS.)
7.85% 8/1/13
TEXAS DALLAS INDEPENDENT SCHOOL DIST. 7,110,000 4,470,412
RFDG. (CAP. APPRECIATION) 0%
8/15/07 (PSF GUARANTEED)
TEXAS EL PASO INT'L. ARPT. REV. 5.12% 1,000,000 1,023,750
8/15/04 (FGIC INSURED) (AMT)
TEXAS EL PASO PROP. FIN. AUTH. SINGLE 1,705,000 1,856,319
FAMILY MTG. REV. SERIES A, 8.70%
12/1/18, (GNMA COLL.) (AMT)
TEXAS EL PASO WTR. & SWR. REV. RFDG. 2,650,000 1,884,813
(CAP. APPRECIATION) 0% 3/1/05
(MBIA INSURED)
TEXAS EL PASO WTR. & SWR. REV. RFDG. 3,700,000 2,502,125
(CAP. APPRECIATION) 0% 3/1/06
(MBIA INSURED)
TEXAS FORT BEND INDEPENDENT SCHOOL DIST. 2,500,000 2,875,000
GEN. OBLIG. 7% 2/15/05 (PSF
GUARANTEED)
TEXAS GARLAND INDEPENDENT SCHOOL DIST. 5,000,000 4,193,750
SERIES A, 4% 2/15/17
TEXAS GRAPEVINE-COLLEYVILLE INDPT. 2,580,000 1,715,700
SCHOOL DIST. RFDG. (CAP.
APPRECIATION) 0% 8/15/06(PSF
GUARANTEED)
TEXAS HOUSTON INDEPENDENT. SCHOOL DIST. 6,400,000 3,176,000
RFDG. SERIES A, 0% 8/15/11 (PSF
GUARANTEED)
TEXAS HOUSTON WTR. & SWR. SYS. REV. 2,000,000 2,220,000
RFDG. (JR. LIEN) SERIES B, 6.25%
12/1/05 (FGIC INSURED)
TEXAS HOUSTON WTR. & SWR. SYS. REV. 6,735,000 4,394,587
RFDG. (JR. LIEN) SERIES C, 0%
12/1/06 (AMBAC INSURED)
TEXAS HUMBLE INDEPENDENT SCHOOL DIST. 3,280,000 2,111,500
RFDG. (CAP. APPRECIATION) 0%
2/15/07 (PERMANENT SCHOOL FUND OF
TEXAS GUARANTEED)
TEXAS IRVING INDEPENDENT SCHOOL DIST. 2,250,000 1,963,125
(CAP. APPRECIATION) 0% 2/15/01
(PERMANENT SCHOOL FUNDOF TEXAS
GUARANTEED)
TEXAS IRVING INDEPENDENT SCHOOL DIST. 0% 5,520,000 4,816,200
2/15/01
TEXAS KATY INDEPENDENT SCHOOL DIST. 2,450,000 1,577,188
RFDG. LTD. TAX (CAP. APPRECIATION)
SERIES A, 0% 2/15/07(PSF
GUARANTEED)
TEXAS KATY INDPT. SCHOOL DIST. RFDG. 0% 4,170,000 2,069,363
8/15/11 (PSF GUARANTEED)
TEXAS LEANDER INDEPENDANT SCHOOL DIST. 300,000 370,875
UNLTD. TAX 7.50% 8/15/08, (PSF
GUARANTEED)
TEXAS LOWER COLORADO RIVER AUTH. REV. 3,000,000 1,751,250
PRIORITY RFDG. (CAP. APPRECIATION)
0% 1/1/09 (MBIAINSURED) (ESCROWED
TO MATURITY)
TEXAS LOWER COLORADO RIVER AUTH. REV. 7,500,000 7,734,375
REFDG. 5.25% 1/1/05
TEXAS LOWER COLORADO RIVER AUTH. REV. 6,000,000 6,172,500
RFDG. (JR. LIEN-4TH SUPPLEMENT)
5.25% 1/1/15 (ESCROWED TO
MATURITY)
TEXAS LOWER NECHES VALLEY AUTH. IND. 9,500,000 10,260,000
DEV. CORP. ENVIR. REV. (MOBIL OIL
REFINING CORP. PROJ.) 6.35% 4/1/26
(AMT)
TEXAS LOWER NECHES VALLEY AUTH. IND. 36,455,000 39,462,538
DEV. CORP. SWR. FACS. REV. (MOBIL
OIL REFINING CORP.PROJ.) 6.40%
3/1/30 (AMT)
TEXAS MATAGORDA COUNTY NAVIGATION DIST. 1,700,000 1,804,125
#1 REV. RFDG. (HOUSTON LT. & PWR.
PROJ.) SERIES C,7.125% 7/1/19
(FGIC INSURED)
TEXAS MIDLOTHIAN INDPT. SCHOOL DIST. 1,935,000 1,245,656
RFDG. (CAP. APPRECIATION) 0%
2/15/07 (PSF GUARANTEED)
TEXAS MIDLOTHIAN INDPT. SCHOOL DIST. 1,525,000 821,594
RFDG. (CAP. APPRECIATION) 0%
2/15/10 (PSF GUARANTEED)
TEXAS PORT ARTHUR HSG. FIN. CORP. SINGLE 755,000 823,894
FAMILY MTG. REV. RFDG. 8.70%
3/1/12
TEXAS PORT DEV. CORP. IND. DEV. REV. 1,000,000 1,055,000
RFDG. (CARGILL, INC. PROJ.) 7.70%
3/1/07
TEXAS ROUND ROCK INDEPENDENT SCHOOL 1,025,000 1,145,438
DIST. 6.50% 8/1/04 (PSF
GUARANTEED)
TEXAS ROUND ROCK INDEPENDENT SCHOOL 7,430,000 4,151,512
DIST. RFDG. & SCHOOL BLDG. (CAP.
APPRECIATION)0% 8/15/09 (MBIA
INSURED)
TEXAS ROUND ROCK INDEPENDENT SCHOOL 2,000,000 1,745,000
DIST. RFDG. 0% 2/15/01 (PSF
GUARANTEED)
TEXAS ROUND ROCK INDEPENDENT SCHOOL 1,300,000 1,503,125
DIST. SERIES A, 7.50% 8/1/03 (PSF
GUARANTEED)
TEXAS ROUND ROCK INDPT. SCHOOL DIST. 5,000,000 2,625,000
RFDG. & SCHOOL BLDG. 0% 8/15/10
(MBIA INSURED)
TEXAS SABINE RIVER AUTH. POLL. CONT. 1,250,000 1,382,812
REV. (TEXAS UTIL. ELEC. PROJ.)
SERIES B, 8.25% 10/1/20(AMT)
TEXAS SAN ANTONIO ELEC. & GAS REV. 5.75% 12,010,000 12,400,325
2/1/11
TEXAS SAN ANTONIO ELEC. & GAS REV. RFDG. 5,850,000 4,175,438
(CAP. APPRECIATION) SERIES A, 0%
2/1/05 (AMBACINSURED)
TEXAS SAN ANTONIO ELEC. & GAS REV. RFDG. 6,340,000 3,867,400
(CAP. APPRECIATION) SERIES B, 0%
2/1/08 (FGICINSURED)
TEXAS SAN ANTONIO ELEC. & GAS REV. RFDG. 2,000,000 1,150,000
(CAP. APPRECIATION) SERIES B, 0%
2/1/09, (FGIC INSURED)
TEXAS SAN ANTONIO ELEC. & GAS REV. RFDG. 14,000,000 7,560,000
(CAP. APPRECIATION) SERIES B, 0%
2/1/10 (FGICINSURED)
TEXAS SAN ANTONIO ELEC. & GAS REV. RFDG. 11,000,000 11,302,500
5.25% 2/1/10
TEXAS SAN ANTONIO ELEC. & GAS REV. RFDG. 300,000 336,375
SERIES 95, 6.375% 2/1/06
TEXAS SAN ANTONIO ELEC. & GAS REV. 585,000 598,894
SERIES B, 6% 2/1/14
TEXAS SAN ANTONIO GEN. OBLIG. IMPT. 1,920,000 1,279,200
RFDG. (CAP. APPRECIATION) SERIES
C, 0% 8/1/06 (BIG INSURED)
TEXAS SAN ANTONIO WTR. REV. (CAP. 5,500,000 2,117,500
APPRECIATION) 0% 5/1/12 (AMBAC
INSURED) (PRE-REFUNDED TO5/1/00 @
42.652)
TEXAS SPRING BRANCH INDEPENDENT SCHOOL 5,710,000 3,897,075
DIST. RFDG. (CAP. APPRECIATION) 0%
2/1/06 (PSFGUARANTEED)
TEXAS SPRING BRANCH INDPT. SCHOOL DIST. 5,725,000 4,100,531
RFDG. 0% 2/1/05
TEXAS SPRING INDEPENDENT SCHOOL DIST. 4,000,000 3,945,000
4.875% 8/15/10 (PSF GUARANTEED)
TEXAS SPRING INDEPENDENT SCHOOL DIST. 3,000,000 2,497,500
RFDG. (CAP. APPRECIATION) 0%
2/15/02 (PSF GUARANTEED)
TEXAS TEXARKANA HEALTH FACS. DEV. CORP. 1,750,000 1,898,750
HOSP. REV. (WADLEY REG'L. MED.
CTR. PROJ.) 7% 10/1/05 (MBIA
INSURED)
TEXAS TEXAS A & M UNIV. FING. SYS. REV. 1,610,000 1,666,350
RFDG. 5.50% 5/15/02
TEXAS TEXAS A&M UNIV. PERMAMENT UNIV. 3,850,000 4,100,250
FUND RFDG. 5.50% 7/1/04
TEXAS TEXAS COLLEGE STUDENT LOAN GEN. 2,350,000 2,458,688
OBLIG. 5.80% 8/1/05 (AMT)
TEXAS TEXAS GEN. OBLIG. RFDG. (VETERANS 2,500,000 2,740,625
LAND) 7.40% 12/1/20
TEXAS TEXAS GEN. OBLIG. SERIES B, 5.25% 3,000,000 3,026,250
10/1/13
TEXAS TEXAS MUNI. PWR. AGCY. REV. RFDG. 1,000,000 733,750
(CAP. APPRECIATION) 0% 9/1/04
(AMBAC INSURED)
TEXAS TEXAS MUNI. PWR. AGCY. REV. RFDG. 13,000,000 9,035,000
(CAP. APPRECIATION) 0% 9/1/05
(AMBAC INSURED)
TEXAS TEXAS PUB. FIN. AUTH. BLDG. REV. 2,000,000 1,150,000
RFDG. (CAP. APPRECIATION) 0%
2/1/09 (MBIA INSURED)
TEXAS TEXAS PUB. FIN. AUTH. BLDG. REV. 4,400,000 2,128,500
RFDG. (CAP. APPRECIATION) SERIES
1990, 0% 2/1/12(MBIA INSURED)
TEXAS TEXAS PUB. FIN. AUTH. BLDG. REV. 1,800,000 1,944,000
SERIES A, 6% 8/1/03 (AMBAC
INSURED)
TEXAS TEXAS PUB. FIN. AUTH. RFDG. (CAP. 9,420,000 8,007,000
TEXAS TEXAS PUB. FIN. AUTH. RFDG. SERIES 4,000,000 4,390,000
C, 6% 10/1/05 APPRECIATION) SERIES
A, 0% 10/1/01 (AMBAC INSURED)
TEXAS TEXAS TRAN 4.75% 8/31/98 10,000,000 10,066,800
TEXAS TEXAS WTR. DEV. BOARD REV. (STATE 2,000,000 2,175,000
REVOLVING FUND SR. LIEN) 6.30%
7/15/06
TEXAS UNIV. OF TEXAS UNIV. REVS. RFDG. 1,170,000 1,278,225
(FING. SYS.) SERIES A, 6% 8/15/04
TEXAS UNIV. OF TEXAS UNIV. REVS. RFDG. 1,000,000 1,097,500
(FING. SYS.) SERIES A, 6% 8/15/05
TEXAS WINTERS WTRWKS. & SWR. SYS. REV. 500,000 600,000
RFDG. 8.50% 8/1/17, (PRE-REFUNDED
TO 8/1/03 @ 100)
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 4,435,000 3,974,869
SUPPLY SYS. REV. RFDG. (CAP.
APPRECIATION) SERIES B, 0% 7/1/00
(MBIA INSURED)
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 5,000,000 5,350,000
SUPPLY SYS. REV. RFDG. SERIES A,
6% 7/1/16 (AMBAC INSURED)
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 4,600,000 5,284,250
SUPPLY SYS. REV. RFDG. SERIES A,
6.50% 7/1/08 (AMBACINSURED)
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 1,000,000 1,155,000
SUPPLY SYS. REV. RFDG. SERIES A,
6.50% 7/1/11, (AMBAC INSURED)
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 30,260,000 31,583,875
SUPPLY SYS. REV. RFDG. SERIES B,
5.75% 7/1/16 (MBIAINSURED)
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 6,000,000 6,540,000
SUPPLY SYS. REV. RFDG. SERIES B,
6.25% 7/1/03 (MBIA INSURED)
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 9,600,000 9,264,000
SUPPLY SYS. REV. RFDG. SERIES D,
5% 7/1/21 (MBIA INSURED)
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 1,660,000 1,757,525
SUPPLY SYS. REV. RFDG. SERIES G,
0% 7/1/12 (PRE-REFUNDED TO1/1/03 @
101) STEPPED COUPON
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 19,500,000 20,791,875
SUPPLY SYS. REV. RFDG. SPL. OBLIG.
SIXTH SERIES B, 6%7/1/16 (MBIA
INSURED)
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 2,000,000 2,240,000
SUPPLY SYS. REV. RFDG. SPL. OBLIG.
SIXTH SERIES B, 6.50% 7/1/05 (MBIA
INSURED)
UTAH INTERMOUNTAIN PWR. AGCY. PWR. 1,000,000 1,151,250
SUPPLY SYS. REV. SPL. OBLIG. SIXTH
SERIES B, 6.50%7/1/10 (MBIA
INSURED)
UTAH SOUTH SALT LAKE CITY IND. REV. 3,650,000 4,101,687
(PRICE SAVERS WHOLESALE CLUB
PROJ.) 9% 11/15/13
UTAH UTAH HSG. FIN. AGCY. (SINGLE 355,000 390,944
FAMILY MTG.) SERIES G, 9.25%
7/1/19, (FHA GUARANTEED)*
VERMONT VERMONT IND. DEV. AUTH. IND. DEV. 4,350,000 4,746,938
REV. (RADISSON HOTEL) SERIES B-1,
7.75% 11/15/15
VERMONT VERMONT MUNI. BOND BANK SERIES B, 3,000,000 3,232,500
7.20% 12/1/20 (PRE-REFUNDED TO
12/1/99 @ 102)
VIRGINIA FAIRFAX COUNTY ECON. DEV. AUTH. 3,700,000 3,945,125
RESOURCE RECOVERY REV. (OGDEN
MARTIN SYS. PROJ.) SERIES A, 7.75%
2/1/11 (AMT)
VIRGINIA LOUDOUN COUNTY IND. DEV. AUTH. 14,955,000 16,244,869
RESIDENTIAL CARE FACS. REV.
(FALCONS LANDING PROJ.)SERIES A,
8.75% 11/1/24
VIRGINIA LOUDOUN COUNTY IND. DEV. AUTH. 1,100,000 1,219,625
RESIDENTIAL CARE FACS. REV.
(FALCONS LANDING PROJ.)SERIES A,
9.25% 11/1/04
VIRGINIA LYNCHBURG IND. DEV. AUTH. HOSP. 3,000,000 3,124,920
FACS. 1ST. MTG. REV. RFDG.
(CENTRAL HEALTH, INC.)8.125%
1/1/16
VIRGINIA PENINSULA PORTS AUTH. HOSP. FACS. 1,500,000 1,539,300
REV. RFDG. (WHITTAKER MEM. PROJ.)
8.70% 8/1/23 (FHAGUARANTEED)
VIRGINIA RICHMOND GEN. OBLIG. RFDG. SERIES 1,725,000 1,834,969
B, 5.50% 1/15/04 (FGIC INSURED)
VIRGINIA RICHMOND METROPOLITAN EXPRESSWAY 2,645,000 2,840,069
REV. RFDG. SERIES A, 6% 7/15/08
(FGIC INSURED)
VIRGINIA RICHMOND REDEV. & HSG. AUTH. MTG. 750,000 757,755
REV. (MULTI-FAMILY HSG. PINEBROOK
PROJ.) 9.25% 10/1/20 (GNMA COLL.)
VIRGINIA SOUTHEASTERN PUB. SVC. AUTH. REV. 4,000,000 4,140,000
RFDG. SR. SERIES A, 5.25% 7/1/10
(MBIA INSURED)
VIRGINIA UPPER OCCOQUAN SWR. AUTH. REG'L. 8,000,000 8,010,000
SWR. REV. SERIES A, 5.15% 7/1/20
(MBIA INSURED)
VIRGINIA VIRGINIA BEACH DEV. AUTH. HOSP. 3,100,000 3,072,875
FACS. REV. (VIRGINIA BEACH GEN.
HOSP. PROJ.) 5.125%2/15/18 (AMBAC
INSURED)
VIRGINIA VIRGINIA BEACH DEV. AUTH. HOSP. 2,150,000 2,356,938
FACS. REV. (VIRGINIA BEACH GEN.
HOSP. PROJ.) 6% 2/15/12 (AMBAC
INSURED)
VIRGINIA VIRGINIA BEACH DEV. AUTH. HOSP. 1,460,000 1,598,700
FACS. REV. (VIRGINIA BEACH GEN.
HOSP. PROJ.) 6% 2/15/13 (AMBAC
INSURED)
VIRGINIA VIRGINIA COMMONWEALTH GEN. OBLIG. 7,120,000 7,387,000
5% 6/1/04
VIRGINIA VIRGINIA COMMONWEALTH TRANS. BOARD 5,000,000 4,931,250
TRANS. REV. RFDG. (U.S. RTE. 58
CORRIDOR PROG.) SERIES C, 5.125%
5/15/19
VIRGINIA VIRGINIA HSG. DEV. AUTH. 1,890,000 1,996,313
MULTI-FAMILY HSG. SERIES I, 5.95%
5/1/09 (AMT) 11/1/10
VIRGINIA VIRGINIA RESOURCES AUTH. WTR. & 180,000 189,614
SWR. SYS. REV. SERIES A, 7.70%
WASHINGTON BENTON COUNTY PUB. UTIL. DIST. #1 1,740,000 1,894,425
ELEC. REV. RFDG. 6% 11/1/04 (AMBAC
INSURED)
WASHINGTON DOUGLAS COUNTY PUB. UTIL. DIST. #1 2,790,000 3,560,738
WELLS HYDROELEC. REV. RFDG.
(PACIFIC PWR. & LT. CO.) SERIES A,
8.75% 9/1/18
WASHINGTON KING COUNTY GEN. OBLIG. 5.75% 3,300,000 3,547,500
12/1/11
WASHINGTON KING COUNTY GEN. OBLIG. SERIES D, 2,000,000 2,135,000
5.40% 12/1/06
WASHINGTON PORT SEATTLE REV. SERIES B, 5.50% 4,010,000 4,155,363
9/1/09 (FGIC INSURED) (AMT)
WASHINGTON PORT SEATTLE REV. SERIES B, 5.60% 4,230,000 4,383,338
9/1/10 (FGIC INSURED) (AMT)
WASHINGTON SNOHOMISH COUNTY SCHOOL DIST. 2,405,000 2,759,738
#201, 6.75% 12/1/06 (AMBAC
INSURED)
WASHINGTON WASHINGTON GEN OBLIG. SERIES C, 1,000,000 1,106,250
6.50% 7/1/03
WASHINGTON WASHINGTON GEN. OBLIG. (MOTOR 2,655,000 3,079,800
VEHICLE FUEL TAX) SERIES B, 7%
9/1/05
WASHINGTON WASHINGTON GEN. OBLIG. RFDG. 2,500,000 2,668,750
SERIES R-93A, 5.60% 9/1/04
WASHINGTON WASHINGTON GEN. OBLIG. SERIES 3,560,000 3,920,450
1996-A, 6.75% 7/1/02
WASHINGTON WASHINGTON GEN. OBLIG. SERIES 2,000,000 2,177,500
R-96C, 6% 7/1/04
WASHINGTON WASHINGTON MOTOR VEHICLE FUEL TAX 4,635,000 5,144,850
GEN. OBLIG. SERIES B, 6.50% 9/1/03
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 1,000,000 1,180,000
NUCLEAR PROJ. #1 REV. RFDG.
(BONNEVILLE PWR.ADMINISTRATION)
SERIES B, 7% 7/1/08
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 1,500,000 1,636,875
NUCLEAR PROJ. #1 REV. RFDG. SERIES
B, 7.25% 7/1/12(FGIC INSURED)
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 46,550,000 47,190,021
NUCLEAR PROJ. #2 REV. 5.40% 7/1/12
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 16,000,000 16,380,000
NUCLEAR PROJ. #2 REV. 5.50% 7/1/10
(FGIC INSURED)
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 7,500,000 7,800,000
NUCLEAR PROJ. #2 REV. 6.92% 7/1/10
(FGIC INSURED)(INVERSE FLOATERS)
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 6,000,000 6,105,000
NUCLEAR PROJ. #2 REV. REFDG.
SERIES A, 5% 7/1/01
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 3,565,000 3,859,113
NUCLEAR PROJ. #2 REV. REFDG.
SERIES A, 6% 7/1/05 (AMBAC
INSURED)
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 6,500,000 6,621,875
NUCLEAR PROJ. #2 REV. RFDG.
(BONNEVILLE PWR.ADMINISTRATION)
SERIES B, 5.625% 7/1/12 (MBIA
INSURED)
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 1,350,000 664,875
NUCLEAR PROJ. #2 REV. RFDG. SERIES
A, 0% 7/1/11, (MBIA INSURED)
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 2,500,000 2,743,750
NUCLEAR PROJ. #2 REV. RFDG. SERIES
A, 6% 7/1/07
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 16,080,000 11,075,100
NUCLEAR PROJ. #2 REV. RFDG. SERIES
C, 0% 7/1/05
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 11,000,000 7,645,000
NUCLEAR PROJ. #2 REV. SERIES C, 0%
7/1/05, (MBIA INSURED)
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 10,000,000 9,887,500
NUCLEAR PROJ. #3 REV. 5.40% 7/1/12
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 3,000,000 1,766,250
NUCLEAR PROJ. #3 REV. RFDG. (CAP.
APPRECIATION)SERIES B, 0% 7/1/08
(MBIA INSURED)
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 750,000 799,688
NUCLEAR PROJ. #3 REV. RFDG. SERIES
B, 7% 7/1/05 (FGICINSURED)
WASHINGTON WASHINGTON PUB. PWR. SUPPLY SYS. 1,000,000 1,092,500
NUCLEAR PROJ. #3 REV. RFDG. SERIES
B, 7.375% 7/1/04
WASHINGTON WASHINGTON STATE PUB. PWR. SUPPLY 500,000 590,000
SYS. NUCLEAR PROJ. #1 REV. SERIES
A, 7% 7/1/08
WISCONSIN MENOMONEE FALLS WTR. SYS. REV. 3,375,000 3,531,094
5.875% 12/1/16 (FSA INSURED)
WYOMING NATRONA COUNTY HOSP. REV. (WYOMING 4,500,000 4,848,750
MED. CTR. PROJ.) 8.125% 9/15/10
WYOMING WYOMING FARM LOAN BOARD CAP. FACS. 3,995,000 2,926,338
REV. 0% 10/1/04 (ESCROWED TO
MATURITY)
WYOMING WYOMING FARM LOAN BOARD CAP. FACS. 3,995,000 2,786,513
REV. 0% 10/1/05 (ESCROWED TO
MATURITY)
WYOMING WYOMING FARM LOAN BOARD CAP. FACS. 3,695,000 2,461,794
REV. 0% 10/1/06 (ESCROWED TO
MATURITY)
WYOMING WYOMING MUNI. PWR. AGCY. PWR. 1,500,000 1,591,875
SUPPLY SYS. REV. RFDG. SERIES A,
6.125% 1/1/16 (MBIAINSURED)
TOTAL MUNICIPAL 3,485,672,514
BONDS
MUNICIPAL NOTES
FLORIDA FLORIDA HSG. FIN. AGCY. 6,200,000 6,200,000
MULTI-FAMILY HSG. REV. RFDG.
(BRANDON-OXFORD) SERIES 90C,4.20%,
VRDN
ILLINOIS CHICAGO GEN. OBLIG. SERIES 1997, 7,700,000 7,697,844
3.65%, TENDER 2/5/98, LOC MORGAN
GUARANTY TRUST CO.
ILLINOIS ILLINOIS DEV. FIN. AUTH. 4,000,000 4,000,000
MULTI-FAMILY HSG. REV. RFDG.
(GARDEN GLEN APTS.) SERIES
93,4.10%, VRDN
NEW YORK ERIE COUNTY IND. DEV. AUTH. IND. 760,000 760,000
DEV. REV. (THE HOLLING PRESS,
INC.) SERIES 1989 F,4.10%, LOC
MARINE MIDLAND BANK, VRDN (AMT)
TEXAS TEXAS GEN. OBLIG. TRAN SERIES A, 21,500,000 21,643,620
4.75% 8/31/98
TOTAL MUNICIPAL 40,301,464
NOTES
CASH EQUIVALENTS
CASH EQUIVALENTS MUNICIPAL CENTRAL CASH FUND 89,957,991 89,957,991
3.8690% 12/5/97
TOTAL INVESTMENTS 3,615,931,969
IN SECURITIES -
100%
FUTURES CONTRACTS
EXPIRATION DATE
PURCHASED 137 MUNICIPAL BOND FUTURE 16,752,532 226,075
CONTRACTS DEC. 97
PURCHASED 25 MUNICIPAL BOND FUTURE CONTRACTS 3,057,031 41,254
DEC. 97
TOTAL FUTURES 267,329
CONTRACTS
TOTAL COST OF 3,470,944,021
INVESTMENT
SECURITIES
SPARTAN MUNICIPAL FUND
SPARTAN AGGRESSIVE MUNICIPAL FUND & SPARTAN INSURED MUNICIPAL INCOME
FUND
PRO FORMA COMBINING STATEMENT OF ASSETS & LIABILITIES AS OF NOVEMBER
30, 1997
(UNAUDITED)
SPARTAN SPARTAN SPARTAN INSURED PRO FORMA PRO FORMA
AGGRESSIVE
MUNICIPAL INCOME MUNI. MUNI. INCOME COMBINED ADJUSTMENTS COMBINED
ASSETS
INVESTMENT IN SECURITIES,
AT VALUE
- SEE
ACCOMPANY
ING $2,320,518,980 $967,634,378 $327,778,611 $ 3,615,931,969 - $3,615,931,969
SCHEDULE
CASH - 3,666,830 - 3,666,830 - 3,666,830
INTEREST RECEIV
ABLE 32,239,033 15,075,853 4,863,009 52,177,895 - 52,177,895
RECEIVABLE
FOR DAILY - 4,281 781 5,062 - 5,062
VARIATION ON FUTURES
CONTRACTS
RECEIVABLE
FOR 5,902,120 1,615,750 - 7,517,870 - 7,517,870
INVESTMENTS SOLD
SHARE TRANSACTIONS
IN - - 778,010 778,010 - 778,010
PROCESS
OTHER RECEIVA
BLES 18,516 - - 18,516 - 18,516
TOTAL
ASSETS 2,358,678,649 987,997,092 333,420,411 3,680,096,152 - 3,680,096,152
LIABILITIES
PAYABLE FOR INVESTMENTS
PURCHASED
REGULAR
DELIVERY $ $ 24,288,916 $ 3,222,353 $ 27,511,269 - 27,511,269
DELAYED
DELIVERY 34,515,703 14,056,477 2,980,013 51,552,193 - 51,552,193
PAYABLE FOR FUND
SHARES 1,103,162 72,039 - 1,175,201 - 1,175,201
REDEEMED
DISTRIBUTIONS
PAYABLE 2,129,327 1,129,684 394,828 3,653,839 - 3,653,839
ACCRUED MANAGE
MENT 746,241 270,372 96,485 1,113,098 - 1,113,098
FEE
OTHER PAYABLES
AND 357,712 187,594 85,960 631,266 - 631,266
ACCRUED EXPENSES
TOTAL LIABIL
ITIES 38,852,145 40,005,082 6,779,639 85,636,866 - 85,636,866
NET
ASSETS $2,319,826,504 $947,992,010 $326,640,772 3,594,459,286 $ - $3,594,459,286
NET ASSETS CONSIST OF:
PAID IN
CAPITAL $2,234,547,486 $933,606,982 $308,049,535 $ 3,476,204,003 - $3,476,204,003
ACCUMULATED
UNDISTRIBUTED NET
REALIZED GAIN (LOSS) ON
INVEST
MENTS (12,735,104) (14,482,703) 90,901 (27,126,906) - (27,126,906)
NET UNREALIZED
APPRECIATION
(DEPRECIATION) ON
INVESTM
ENTS 98,014,122 28,867,731 18,500,336 145,382,189 - 145,382,189
NET ASSETS $2,319,826,504 $947,992,010 $326,640,772 $3,594,459,286 $ - $3,594,459,286
NET
ASSETS $2,319,826,504 $947,992,010 $326,640,772 3,594,459,286
NET ASSET $12.61 $11.71 $12.25 $12.61
VALUE,OFFERING PRICE AND
REDEMPTION PRICE PER
SHARE
SHARES OUTSTAND
ING 183,940,016 80,930,843 26,666,412 291,537,271 (6,516,146) (B) 285,021,125
SPARTAN MUNICIPAL FUND
SPARTAN AGGRESSIVE MUNICIPAL FUND & SPARTAN INSURED MUNICIPAL INCOME
FUND
PRO FORMA COMBINING STATEMENT OF OPERATIONS
YEAR ENDED NOVEMBER 30, 1997
(UNAUDITED)
SPARTAN SPARTAN SPARTAN PRO FORMA PRO
FORMA
AGGRESSIVE INSURED
MUNICIPAL MUNI. MUNI. INCOME COMBINED ADJUSTMENTS
COMBINED
INCOME
INTEREST INCOME $ 99,974,240 $ 53,548,020 $ 17,337,832 170,860,092 - $
170,860,092
EXPENSES
Management fee 7,134,992 3,527,117 1,250,904 11,913,013 (103,058) (a)
11,809,955
Transfer agent fees 2,086,376 1,084,994 410,350 3,581,720 (67,349) (d)
3,514,371
Accounting fees and 475,765 276,255 132,544 884,564 (163,980) (c)
720,584
expenses
Non-interested trustees' 5,646 3,447 1,221 10,314 (969) (d) 9,345
compensation
Custodian fees and 81,727 46,224 18,658 146,609 (11,333) (d)
135,276
expenses
Registration fees 152,040 68,248 37,167 257,455 155,947 (e)
413,402
Audit 67,405 51,522 44,230 163,157 (90,752) (d) 72,405
Legal 49,066 25,007 4,817 78,890 (15,000) (d) 63,890
Miscellaneous 0 10,553 1,534 12,087 12,087
Total expenses before 10,053,017 5,093,367 1,901,425 17,047,809 (296,494)
16,751,315
reductions
Expense reductions (11,248) (183,541) (72,655) (267,444) (362,484) (f)
(629,928)
Total expenses 10,041,769 4,909,826 1,828,770 16,780,365
16,121,387
NET INTEREST INCOME 89,932,471 48,638,194 15,509,062 154,079,727
154,738,705
REALIZED AND
UNREALIZED GAIN (LOSS)
Net realized gain (loss)
on:
Investment securities 15,819,996 7,422,730 2,105,186 25,347,912 -
25,347,912
Futures contracts 738,025 2,273,763 404,303 3,416,091 -
3,416,091
Change in net unrealized - - -
apprecation
(depreciation) on:
Investment securities 19,310,113 12,999,914 3,603,633 35,913,660 -
35,913,660
Futures contracts 431,389 226,075 17,998 675,462 -
675,462
NET GAIN (LOSS) 36,299,523 22,922,482 6,131,120 65,353,125 -
65,353,125
NET INCREASE (DECREASE)
IN NET ASSETS RESULTING
FROM OPERATIONS 126,231,994 71,560,676 21,640,182 219,432,852 -
220,091,830
CHECK
NET INVESTMENT 89,932,471 48,638,194 15,509,062 154,079,727
154,079,727
INCOME
DISTRIBUTION (98,005,846) (48,862,984) (15,509,062)
(162,377,892)
(162,377,892)
NET REAL & 36,299,523 22,922,482 6,131,120 65,353,125
65,353,125
UNREAL G/L
PIC CHANGE 454,233,250 56,886,127 (16,683,931) 494,435,446
494,435,446
BEG TOTAL NET 868,408,191 337,193,583
3,042,968,380
ASSETS 1,837,366,606 3,042,968,380
END TOTAL NET 947,992,010 326,640,772
3,594,458,786
ASSETS 2,319,826,004 3,594,458,786
(500) - - (500) (500)
Spartan Municipal Fund
Spartan Aggressive Municipal Fund
Spartan Insured Municipal Income Fund
Pro Forma Combining Schedule of Total Returns and Expense Ratios
(Unaudited)
FISCAL YEAR ENDED
NOVEMBER 30,
If Spartan Municipal Fund acquires: 1997 1996 1995
Spartan Aggressive Municipal Fund &
Spartan Insured Municipal Income Fund
One year total return 7.35% 5.84% 17.93%
Ratio of expenses to average net assets 0.53% 0.53% 0.53%
One year total return before expense 7.34% 5.81% 17.86%
reductions
Ratio of expenses to average net assets 0.55% 0.56% 0.56%
before expense reductions
Spartan Aggressive Municipal Fund
One year total return 7.38% 5.88% 17.54%
Ratio of expenses to average net assets 0.53% 0.53% 0.53%
One year total return before expense 7.36% 5.86% 17.51%
reductions
Ratio of expenses to average net assets 0.55% 0.55% 0.56%
before expense reductions
Spartan Insured Municipal Income Fund
One year total return 7.05% 6.27% 18.45%
Ratio of expenses to average net assets 0.53% 0.53% 0.53%
One year total return before expense 7.02% 6.24% 18.41%
reductions
Ratio of expenses to average net assets 0.56% 0.56% 0.57%
before expense reductions
Spartan Municipal Income Fund
Spartan Aggressive Municipal Fund & Spartan Insured Municipal Income
Fund
Notes to Pro Forma Combining Financial Statements
(Unaudited)
The accompanying unaudited Pro Forma Combining Schedule of
Investments and Statement of Assets and Liabilities as of November
30, 1997 and the unaudited Pro Forma Combining Statement of Operations
for the year ended November 30, 1997 are intended to present the
financial condition and related results of operations of Spartan
Municipal Income Fund as if the reorganization with Spartan Aggressive
Municipal Fund & Spartan Insured Municipal Income Fund, had been
consummated at December 1, 1996. Had the pro forma adjustments not
included the effect of the expense limitations, Pro Forma Combined
Expense reductions would have been $24,300, resulting in Pro Forma
Combined Net Interest Income and Pro Forma Combined Net Increase in
Net Assets resulting from operations of $154,133,077 and $219,486,202
respectively.
The pro forma adjustments to these pro forma financial statements are
comprised of:
(a) Decrease in fees reflects Spartan Municipal Income Fund's
management fee applied to combined fund's average net assets.
(b) Reflects the exchange of the Spartan Aggressive Municipal &
Spartan Insured Municipal Income Funds shares for shares of Spartan
Municipal Income Fund as of November 30, 1997.
(c) Decrease in fees reflects contractual rates charged against
combined average net assets.
(d) Decrease in fees reflects elimination of duplicate services or
charges.
(e) Increase in fees reflects net increase in costs incurred as a
result of the reorganization offset with savings in duplicate charges.
(f) Reflects reduction in expenses due to FMR's agreement to
voluntarily limit the combined fund's expenses to 0.53% of average net
assets.
The unaudited pro forma combining statements should be read in
conjunction with the separate annual audited financial statements as
of December 31, 1997 for Spartan Aggressive Municipal Fund and Spartan
Insured Municipal Income Fund and November 30, 1997 for Spartan
Municipal Income Fund, which are incorporated by reference in the
Statement of Additional Information to this Proxy Statement and
Prospectus.