-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BpqscEswlX+lT87WaP+m16LepXydGHKo415TlmTzdvcGhEYn+Scrto/k2Hvam/Yd tnjpoB4yOuc/pP6HhPAhYw== 0000950123-09-064672.txt : 20091120 0000950123-09-064672.hdr.sgml : 20091120 20091120143915 ACCESSION NUMBER: 0000950123-09-064672 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090930 FILED AS OF DATE: 20091120 DATE AS OF CHANGE: 20091120 EFFECTIVENESS DATE: 20091120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTENNIAL MONEY MARKET TRUST CENTRAL INDEX KEY: 0000312538 IRS NUMBER: 840856138 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-02945 FILM NUMBER: 091198277 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: DAILY CASH INSTITUTIONAL TRUST DATE OF NAME CHANGE: 19810624 0000312538 S000011011 CENTENNIAL MONEY MARKET TRUST C000030406 A N-Q 1 p15557nvq.txt N-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-02945 Centennial Money Market Trust (Exact name of registrant as specified in charter) 6803 South Tucson Way, Centennial, Colorado 80112-3924 (Address of principal executive offices) (Zip code) Robert G. Zack, Esq. OppenheimerFunds, Inc. Two World Financial Center, New York, New York 10281-1008 (Name and address of agent for service) Registrant's telephone number, including area code: (303) 768-3200 Date of fiscal year end: June 30 Date of reporting period: 09/30/2009 ITEM 1. SCHEDULE OF INVESTMENTS. Centennial Money Market Trust STATEMENT OF INVESTMENTS September 30, 2009 / Unaudited
Principal Amount Value ----------- -------------- CERTIFICATES OF DEPOSIT--10.1% YANKEE CERTIFICATES OF DEPOSIT--10.1% Canadian Imperial Bank of Commerce NY, 0.18%, 10/9/09 $32,000,000 $ 32,000,000 Nordea Bank Finland plc, New York: 0.25%, 10/22/09 28,000,000 28,000,000 0.30%, 10/6/09 22,500,000 22,500,000 Royal Bank of Canada, 0.15%, 10/16/09 36,000,000 36,000,000 Societe Generale, New York, 0.28%, 10/5/09 5,000,000 5,000,000 -------------- Total Certificates of Deposit (Cost $123,500,000) 123,500,000 -------------- SHORT-TERM NOTES--89.9% CAPITAL MARKETS--4.8% BNP Paribas Finance, Inc., 0.21%, 10/16/09 58,400,000 58,394,979 -------------- COMMERCIAL BANKS--33.4% Bank of Nova Scotia, 0.22%, 10/16/09 53,600,000 53,594,920 Calyon North America, Inc., 0.20%, 10/16/09 33,750,000 33,747,188 CBA (Delaware) Finance: 0.20%, 10/16/09 21,000,000 20,998,250 0.25%, 10/6/09 40,000,000 39,998,611 Danske Corp., 0.22%, 10/13/09(1) 51,600,000 51,595,716 ING (US) Funding LLC: 0.20%, 10/13/09 31,000,000 30,997,933 0.20%, 10/16/09 19,600,000 19,598,530 JPMorgan Chase Funding, Inc., 0.19%, 10/16/09 52,700,000 52,695,192 Rabobank USA Financial Corp., 0.50%, 12/8/09 50,000,000 49,952,778 Scotiabanc, Inc., 0.26%, 10/23/09(1) 10,000,000 9,998,411 Societe Generale, 0.185%, 10/16/09 46,000,000 45,996,137 -------------- 409,173,666 -------------- DIVERSIFIED FINANCIAL SERVICES--5.1% General Electric Capital Corp., 0.13%, 10/16/09 47,000,000 46,997,204 General Electric Co., 0.14%, 10/16/09 15,000,000 14,999,125 -------------- 61,996,329 -------------- FOOD PRODUCTS--2.0% Nestle Capital Corp., 0.50%, 3/15/10(1) 24,400,000 24,344,083 -------------- INSURANCE--1.3% MetLife Funding, Inc., 0.21%, 10/16/09 16,700,000 16,698,539 -------------- LEASING & FACTORING--4.7% Toyota Motor Credit Corp., 0.09%, 10/16/09 57,800,000 57,795,958 -------------- MUNICIPAL--4.7% Arlington Cnty., VA Industrial Development Authority Economic Development Revenue Bonds, Skating Facilities, Series 2005, 0.35%, 10/1/09(2) 2,300,000 2,300,000 Brazos River Cnty., TX Pollution Control Authority Revenue Bonds, TXU Electric Co. Project, Series 2001, 0.34%, 10/1/09(2) 6,190,000 6,190,000
1 | Centennial Money Market Trust Centennial Money Market Trust STATEMENT OF INVESTMENTS September 30, 2009 / Unaudited
Principal Amount Value ----------- -------------- Davidson Cnty. Industrial Facility & Pollution Control Finance Authority, Diebold, Inc. Project, Series 1997, 0.55%, 10/1/09(2) $ 2,660,000 $ 2,660,000 District of Columbia Bonds, The Pew Charitable Trust Issue, Series 2008B, 0.40%, 10/1/09(2) 1,300,000 1,300,000 Fredericksburg, VA Economic Development Bonds, Eagle Village, Series 2009B, 0.43%, 10/1/09(2) 10,000,000 10,000,000 Muskogee, OK Trust Port Authority Industrial Development Revenue Bonds, Uni-Steel, Inc., Series 1998, 0.62%, 10/1/09(2) 2,850,000 2,850,000 Rickenbacker Port Authority Economic Development Revenue Bonds, YMCA of Central Ohio, Series 2002, 0.45%, 10/1/09(2) 4,660,000 4,660,000 SC Jobs-Economic Development Authority Bonds, Abraham Industries LLC Project, Series 1999, 0.61%, 10/1/09(2) 2,025,000 2,025,000 SC Jobs-Economic Development Authority Bonds, South Atlantic Canners, Inc., Series 2001, 0.64%, 10/1/09(2) 5,000,000 5,000,000 Shaw University Bonds, Series A, 0.40%, 10/1/09(2) 100,000 100,000 WA Economic Development Finance Authority Industrial Development Revenue Bonds, Canam Steel Corp. Project, Series 2000D, 0.55%, 10/1/09(2) 4,000,000 4,000,000 Walton Cnty. Development Authority Industrial Development Revenue Bonds, Walton Press, Inc., Series 2006, 0.55%, 10/1/09(2) 3,360,000 3,360,000 Washington Cnty., PA Industrial Development Authority Bonds, AccuTrex Products, Inc. Project, Series 1996, 0.61%, 10/1/09(2) 1,000,000 1,000,000 Whitehall, WI Industrial Development Revenue Bonds, Whitehall Specialties, 0.55%, 10/1/09(2) 5,400,000 5,400,000 Winston-Salem, NC Certificates of Participation, Series 1992, 0.40%, 10/1/09(2) 6,250,000 6,250,000 -------------- 57,095,000 -------------- OIL, GAS & CONSUMABLE FUELS--0.3% Total Capital Canada, 0.22%, 10/15/09 3,600,000 3,599,692 -------------- RECEIVABLES FINANCE--25.0% Alpine Securitization Corp., 0.20%, 10/16/09 61,400,000 61,394,883 Barton Capital Corp.: 0.22%, 10/13/09(1) 27,800,000 27,797,591 0.24%, 10/16/09(1) 34,200,000 34,196,105 0.26%, 10/5/09(1) 1,900,000 1,899,945 Chariot Funding LLC: 0.19%, 10/9/09(3) 14,000,000 13,999,222 0.20%, 10/15/09(3) 20,550,000 20,548,402 0.20%, 10/16/09(3) 5,550,000 5,549,538 Crown Point Capital Co., 0.45%, 10/19/09 10,400,000 10,397,809 Fairway Finance Corp., 0.21%, 10/14/09(1) 22,017,000 22,015,027 Falcon Asset Securitization Co. LLC, 0.19%, 10/16/09(1) 10,700,000 10,699,153 Legacy Capital LLC, 0.50%, 10/2/09 9,500,000 9,499,868
2 | Centennial Money Market Trust Centennial Money Market Trust STATEMENT OF INVESTMENTS September 30, 2009 / Unaudited
Principal Amount Value ----------- -------------- Mont Blanc Capital Corp., 0.22%, 10/16/09(1) $17,000,000 $ 16,998,442 Park Avenue Receivables Co. LLC: 0.19%, 10/16/09(1) 26,000,000 25,997,942 0.25%, 10/5/09 23,000,000 22,999,361 0.25%, 10/8/09 8,600,000 8,599,582 Ranger Funding Co. LLC, 0.20%, 10/9/09(3) 13,000,000 12,999,422 -------------- 305,592,292 -------------- SPECIAL PURPOSE FINANCIAL--6.5% FCAR Owner Trust I, 0.65%, 10/1/09 6,000,000 6,000,000 Straight-A Funding LLC, Series I: 0.19%, 10/16/09 25,000,000 24,998,021 0.34%, 10/13/09 10,056,000 10,054,860 Ticonderoga Funding LLC: 0.20%, 10/14/09 28,400,000 28,397,949 0.20%, 10/16/09 10,000,000 9,999,166 -------------- 79,449,996 -------------- U.S. GOVERNMENT OBLIGATION--2.1% Straight-A Funding LLC, Series I, 0.19%, 10/14/09 26,000,000 25,998,216 -------------- Total Short-Term Notes (Cost $1,100,138,750) 1,100,138,750 -------------- TOTAL INVESTMENTS, AT VALUE (COST $1,223,638,750) 100.0% 1,223,638,750 Liabilities in Excess of Other Assets 0.0 (126,806) ----------- -------------- Net Assets 100.0% $1,223,511,944 =========== ==============
Footnotes to Statement of Investments Short-term notes and direct bank obligations are generally traded on a discount basis; the interest rate shown is the discount rate received by the Trust at the time of purchase. Other securities normally bear interest at the rates shown. (1.) Security issued in an exempt transaction without registration under the Securities Act of 1933. Such securities amount to $225,542,415, or 18.43% of the Trust's net assets, and have been determined to be liquid pursuant to guidelines adopted by the Board of Trustees. (2.) Represents the current interest rate for a variable or increasing rate security. (3.) Represents securities sold under Rule 144A, which are exempt from registration under the Securities Act of 1933, as amended. These securities have been determined to be liquid under guidelines established by the Board of Trustees. These securities amount to $53,096,584 or 4.34% of the Trust's net assets as of September 30, 2009. 3 | Centennial Money Market Trust Centennial Money Market Trust STATEMENT OF INVESTMENTS September 30, 2009 / Unaudited VALUATION INPUTS Various data inputs are used in determining the value of each of the Fund's investments as of the reporting period end. These data inputs are categorized in the following hierarchy under applicable financial accounting standards: 1) Level 1-unadjusted quoted prices in active markets for identical assets or liabilities (including securities actively traded on a securities exchange) 2) Level 2-inputs other than unadjusted quoted prices that are observable for the asset (such as unadjusted quoted prices for similar assets and market corroborated inputs such as interest rates, prepayment speeds, credit risks, etc.) 3) Level 3-significant unobservable inputs (including the Manager's own judgments about assumptions that market participants would use in pricing the asset). The table below categorizes amounts that are included in the Fund's Statement of Assets and Liabilities as of September 30, 2009 based on valuation input level:
LEVEL 1-- LEVEL 2-- LEVEL 3-- UNADJUSTED OTHER SIGNIFICANT SIGNIFICANT QUOTED PRICES OBSERVABLE INPUTS UNOBSERVABLE INPUTS VALUE ------------- ----------------- ------------------- -------------- ASSETS TABLE INVESTMENTS, AT VALUE: Certificates of Deposit $-- $ 123,500,000 $-- $ 123,500,000 Short-Term Notes -- 1,100,138,750 -- 1,100,138,750 --- -------------- --- -------------- Total Assets $-- $1,223,638,750 $-- $1,223,638,750 --- -------------- --- --------------
Currency contracts and forwards, if any, are reported at their unrealized appreciation/depreciation at measurement date, which represents the change in the contract's value from trade date. Futures, if any, are reported at their variation margin at measurement date, which represents the amount due to/from the Fund at that date. All additional assets and liabilities included in the above table are reported at their market value at measurement date. SEE THE ACCOMPANYING NOTES FOR FURTHER DISCUSSION OF THE METHODS USED IN DETERMINING VALUE OF THE FUND'S INVESTMENTS, AND A SUMMARY OF CHANGES TO THE VALUATION TECHNIQUES, IF ANY, DURING THE REPORTING PERIOD. NOTES TO STATEMENT OF INVESTMENTS SECURITIES VALUATION. The net asset value of shares of the Trust is normally determined twice each day, at Noon Eastern time and at 4:00 P.M. Eastern time on each day the New York Stock Exchange (the "Exchange") is open for trading. Securities are valued at cost adjusted by the amortization of discount or premium to maturity (amortized cost), which approximates market value. If amortized cost is determined not to approximate market value, the fair value of the portfolio securities will be determined under procedures approved by the Trust's Board of Trustees. Each investment asset or liability of the Trust is assigned a level at measurement date based on the significance and source of the inputs to its valuation. Unadjusted quoted prices in active markets for identical securities are classified as "Level 1," inputs other than unadjusted quoted prices for an asset that are observable are classified as "Level 2" and significant unobservable inputs, including the Manager's judgment about the assumptions that a market participant would use in pricing an asset or liability are classified as "Level 3." The inputs used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. A table summarizing the Trust's investments under these levels of classification is included following the Statement of Investments. In the absence of a readily available unadjusted quoted market price, including for securities whose values have been materially affected by what the Manager identifies as a significant event occurring before the Trust's assets are valued but after the close of the securities' respective exchanges, the Manager, acting through its internal valuation committee, in good faith determines the fair valuation of that asset using consistently applied procedures under the supervision of the Board of Trustees (which reviews those fair valuations by the Manager). Those procedures include certain standardized methodologies to fair value securities. Such methodologies include, but are not limited to, pricing securities initially at cost and subsequently adjusting the value based on: 4 | Centennial Money Market Trust Centennial Money Market Trust STATEMENT OF INVESTMENTS September 30, 2009 / Unaudited changes in company specific fundamentals, changes in an appropriate securities index, or changes in the value of similar securities which may be adjusted for any discounts related to resale restrictions. When possible, such methodologies use observable market inputs such as unadjusted quoted prices of similar securities, observable interest rates, currency rates and yield curves. The methodologies used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. There have been no significant changes to the fair valuation methodologies during the period. 5 | Centennial Money Market Trust ITEM 2. CONTROLS AND PROCEDURES. (a) Based on their evaluation of the registrant's disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940 (17 CFR 270.30a-3(c)) as of 09/30/2009, the registrant's principal executive officer and principal financial officer found the registrant's disclosure controls and procedures to provide reasonable assurances that information required to be disclosed by the registrant in the reports that it files under the Securities Exchange Act of 1934 (a) is accumulated and communicated to the registrant's management, including its principal executive officer and principal financial officer, to allow timely decisions regarding required disclosure, and (b) is recorded, processed, summarized and reported, within the time periods specified in the rules and forms adopted by the U.S. Securities and Exchange Commission. (b) There have been no significant changes in the registrant's internal controls over financial reporting that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. ITEM 3. EXHIBITS. Exhibits attached hereto. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Centennial Money Market Trust By: /s/ John V. Murphy --------------------------------- John V. Murphy Principal Executive Officer Date: 11/10/2009 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By: /s/ John V. Murphy --------------------------------- John V. Murphy Principal Executive Officer Date: 11/10/2009 By: /s/ Brian W. Wixted --------------------------------- Brian W. Wixted Principal Financial Officer Date: 11/10/2009 EX-99.CERT 2 p15557exv99wcert.txt EX-99.CERT EXHIBIT 99.CERT Exhibit 99.CERT Section 302 Certifications CERTIFICATIONS I, John V. Murphy, certify that: 1. I have reviewed this report on Form N-Q of Centennial Money Market Trust; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of Trustees (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/ John V. Murphy - ---------------------------- John V. Murphy Principal Executive Officer Date: 11/10/2009 EXHIBIT 99.CERT Exhibit 99.CERT Section 302 Certifications CERTIFICATIONS I, Brian W. Wixted, certify that: 1. I have reviewed this report on Form N-Q of Centennial Money Market Trust; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of Trustees (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/ Brian W. Wixted - ------------------------------------- Brian W. Wixted Principal Financial Officer Date: 11/10/2009 -----END PRIVACY-ENHANCED MESSAGE-----