Investment Company Act file number | 811-03706 | |||||
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS | ||||||
(Exact name of registrant as specified in charter) | ||||||
4500 MAIN STREET, KANSAS CITY, MISSOURI | 64111 | |||||
(Address of principal executive offices) | (Zip Code) | |||||
CHARLES A. ETHERINGTON, 4500 MAIN STREET KANSAS CITY, MISSOURI 64111 | ||||||
(Name and address of agent for service) | ||||||
Registrant’s telephone number, including area code: | 816-531-5575 | |||||
Date of fiscal year end: | 08-31 | |||||
Date of reporting period: | 05-31-2014 |
California High-Yield Municipal - Schedule of Investments | |
MAY 31, 2014 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||||||||||
MUNICIPAL SECURITIES — 99.9% | ||||||||||||||||
CALIFORNIA — 95.2% | ||||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., (899 Charleston Project), VRDN, 0.06%, 6/2/14 (LOC: Bank of America N.A.) | 1,400,000 | 1,400,000 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., (Jackson Laboratory), 5.00%, 7/1/37 | 2,000,000 | 2,124,880 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., Series 2012 C1, (Episcopal Senior Communities), 3.00%, 7/1/19 | 1,835,000 | 1,839,220 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., Series 2012 C2, (Episcopal Senior Communities), 2.50%, 7/1/19 | 2,625,000 | 2,625,971 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., Series 2014 A, (Sharp HealthCare), 5.00%, 8/1/43 | 1,500,000 | 1,641,840 | ||||||||||||||
ABC Unified School District GO, Capital Appreciation, Series 2000 B, 0.00%, 8/1/21 (NATL-RE/FGIC)(1) | 1,000,000 | 820,720 | ||||||||||||||
Adelanto Public Utility Authority Rev., Series 2009 A, (Utility System), 6.75%, 7/1/39 | 5,225,000 | 5,886,537 | ||||||||||||||
Alameda Corridor Transportation Authority Rev., Series 2013 A, 5.00%, 10/1/26 | 2,000,000 | 2,319,120 | ||||||||||||||
Alameda Corridor Transportation Authority Rev., Series 2013 A, 5.00%, 10/1/27 (AGM) | 2,000,000 | 2,300,680 | ||||||||||||||
Alameda Corridor Transportation Authority Rev., Series 2013 A, 5.00%, 10/1/29 (AGM) | 1,000,000 | 1,134,310 | ||||||||||||||
Alhambra Rev., Series 2010 A, (Atherton Baptist Homes), 7.50%, 1/1/30 | 1,590,000 | 1,695,465 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2001 A, (San Francisco Bay Area), VRDN, 1.31%, 6/5/14 | 1,000,000 | 1,011,570 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2007 A1, (San Francisco Bay Area), VRDN, 0.76%, 6/5/14 | 1,450,000 | 1,449,449 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2008 G1, (San Francisco Bay Area), VRDN, 1.16%, 6/5/14 | 2,500,000 | 2,516,175 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2012 F1, (San Francisco Bay Area), 5.00%, 4/1/31 | 8,500,000 | 9,752,475 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2013 S4, (San Francisco Bay Area), 5.00%, 4/1/43 | 1,000,000 | 1,096,780 | ||||||||||||||
Beaumont Financing Authority Local Agency Special Tax Rev., Series 2004 D, 5.80%, 9/1/35 | 2,875,000 | 2,941,786 | ||||||||||||||
Beaumont Financing Authority Local Agency Special Tax Rev., Series 2005 B, 5.40%, 9/1/35 | 1,390,000 | 1,433,729 | ||||||||||||||
Beaumont Financing Authority Local Agency Special Tax Rev., Series 2005 C, 5.50%, 9/1/29 | 855,000 | 874,862 | ||||||||||||||
Beaumont Financing Authority Local Agency Special Tax Rev., Series 2005 C, 5.50%, 9/1/35 | 4,000,000 | 4,010,800 | ||||||||||||||
Beaumont Financing Authority Local Agency Special Tax Rev., Series 2006 A, (Improvement Area No. 19C), 5.35%, 9/1/36 | 2,700,000 | 2,709,531 | ||||||||||||||
Beaumont Financing Authority Local Agency Special Tax Rev., Series 2008 A, (Improvement Area No. 19C), 6.875%, 9/1/36 | 1,050,000 | 1,117,085 | ||||||||||||||
Beaumont Unified School District GO, Capital Appreciation, Series 2011 C, (Election of 2008), 0.00%, 8/1/40 (AGM)(1) | 2,000,000 | 553,700 | ||||||||||||||
Berryessa Union School District GO, Capital Appreciation, Series 2000 A, 0.00%, 8/1/21 (AGM)(1) | 1,190,000 | 966,066 | ||||||||||||||
Berryessa Union School District GO, Capital Appreciation, Series 2000 A, 0.00%, 8/1/22 (AGM)(1) | 1,220,000 | 938,595 | ||||||||||||||
Berryessa Union School District GO, Capital Appreciation, Series 2000 A, 0.00%, 8/1/23 (AGM)(1) | 1,000,000 | 729,580 | ||||||||||||||
California County Tobacco Securitization Agency Rev., 5.65%, 6/1/41 | 1,500,000 | 1,265,355 |
California Educational Facilities Authority Rev., (Chapman University), 5.00%, 4/1/31 | 1,820,000 | 2,003,802 | ||||||||||||||
California Educational Facilities Authority Rev., (Pepperdine University), 5.00%, 9/1/33 | 2,000,000 | 2,283,340 | ||||||||||||||
California GO, 5.00%, 11/1/19 | 10,000,000 | 11,907,500 | ||||||||||||||
California GO, 5.25%, 2/1/30 | 5,000,000 | 5,767,300 | ||||||||||||||
California GO, 6.00%, 4/1/38 | 5,000,000 | 5,908,550 | ||||||||||||||
California GO, 5.00%, 2/1/43 | 5,650,000 | 6,214,435 | ||||||||||||||
California GO, Series 2004 A4, (Kindergarten), VRDN, 0.04%, 6/2/14 (LOC: Citibank N.A.) | 1,600,000 | 1,600,000 | ||||||||||||||
California GO, Series 2004 A5, (Kindergarten), VRDN, 0.06%, 6/2/14 (LOC: Citibank N.A.) | 2,100,000 | 2,100,000 | ||||||||||||||
California GO, Series 2004 B1, (Kindergarten), VRDN, 0.04%, 6/2/14 (LOC: Citibank N.A.) | 1,700,000 | 1,700,000 | ||||||||||||||
California GO, Series 2004 B2, (Kindergarten), VRDN, 0.04%, 6/2/14 (LOC: Citibank N.A.) | 1,200,000 | 1,200,000 | ||||||||||||||
California GO, Series 2005 B-7,VRDN, 0.05%, 6/2/14 (LOC: JPMorgan Chase Bank N.A.) | 2,700,000 | 2,700,000 | ||||||||||||||
California GO, Series 2012 B, VRN, 0.96%, 6/5/14 | 2,000,000 | 2,028,440 | ||||||||||||||
California GO, Series 2012 B, VRN, 1.06%, 6/5/14 | 800,000 | 812,592 | ||||||||||||||
California GO, Series 2012 B, VRN, 1.21%, 6/5/14 | 960,000 | 978,749 | ||||||||||||||
California GO, Series 2013, 5.00%, 2/1/38 | 4,635,000 | 5,137,990 | ||||||||||||||
California GO, VRDN, 4.00%, 12/1/16 | 2,000,000 | 2,140,280 | ||||||||||||||
California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 8/15/39 | 2,000,000 | 2,151,460 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2006 C, (Kaiser Permanente), VRDN, 0.05%, 6/4/14 | 17,000,000 | 17,000,000 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 A, (Lucile Salter Packard Children's Hospital), VRDN, 1.45%, 3/15/17 | 1,910,000 | 1,948,047 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 A, (Scripps Health), 5.50%, 10/1/20 | 1,500,000 | 1,782,945 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 C, (Providence Health & Services), 6.50%, 10/1/33 | 1,000,000 | 1,185,640 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2009 A, (Catholic Healthcare West), 6.00%, 7/1/39 | 4,300,000 | 4,812,689 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2009 A, (Children's Hospital of Orange County), 6.50%, 11/1/38 | 3,000,000 | 3,517,410 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 C, (St. Joseph Health System), VRDN, 0.06%, 6/2/14 (LOC: Northern Trust Company) | 500,000 | 500,000 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 D, (Sutter Health), 5.25%, 8/15/31 | 2,030,000 | 2,307,805 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 D, (Sutter Health), 5.00%, 8/15/35 | 2,000,000 | 2,167,680 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2012 A, (City of Hope), 5.00%, 11/15/39 | 1,910,000 | 2,045,896 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2012 A, (Stanford Hospital & Clinics), 5.00%, 8/15/51 | 2,500,000 | 2,712,450 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2012 B, (Lucile Salter Packard Children's Hospital), 5.00%, 8/15/26 | 1,020,000 | 1,182,904 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2013 A, (St. Joseph Health System), 5.00%, 7/1/37 | 445,000 | 494,542 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2013 A, (Sutter Health), 5.00%, 8/15/52 | 5,000,000 | 5,399,700 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2008 B, (Los Angeles County Museum of Natural History Foundation), VRDN, 0.04%, 6/2/14 (LOC: Wells Fargo Bank N.A.) | 1,800,000 | 1,800,000 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2013 A, (Los Angeles County Museum of Art Project), VRDN, 1.85%, 6/5/14 | 1,000,000 | 999,400 |
California Mobilehome Park Financing Authority Rev., Series 2003 B, (Palomar Estates E&W), 7.00%, 9/15/36 | 6,345,000 | 6,415,239 | ||||||||||||||
California Mobilehome Park Financing Authority Rev., Series 2006 B, (Union City Tropics), 5.50%, 12/15/41 | 2,000,000 | 2,018,560 | ||||||||||||||
California Municipal Finance Authority Rev., (Biola University), 5.875%, 10/1/34 | 1,000,000 | 1,070,690 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2008 A, (Central Coast YMCA), VRDN, 0.06%, 6/5/14 (LOC: Pacific Capital Bank N.A. and FHLB) | 2,060,000 | 2,060,000 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2011 B, (Azusa Pacific University), 8.00%, 4/1/41 | 3,335,000 | 3,939,602 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2014 A, (Caritas Affordable Housing, Inc. Project), 5.00%, 8/15/20(2) | 600,000 | 688,902 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2014 A, (Caritas Affordable Housing, Inc. Project), 5.00%, 8/15/22(2) | 360,000 | 409,982 | ||||||||||||||
California Municipal Finance Authority COP, (Community Hospitals of Central California Obligated Group), 5.50%, 2/1/39 | 1,450,000 | 1,515,946 | ||||||||||||||
California Pollution Control Financing Authority Rev., 5.00%, 11/21/45(3) | 3,165,000 | 3,204,531 | ||||||||||||||
California Pollution Control Financing Authority Rev., Series 1996 C, (Pacific Gas & Electric Company), VRDN, 0.05%, 6/2/14 (LOC: JPMorgan Chase Bank N.A.) | 1,300,000 | 1,300,000 | ||||||||||||||
California Pollution Control Financing Authority Rev., Series 1996 E, (Pacific Gas & Electric Company), VRDN, 0.04%, 6/2/14 (LOC: JPMorgan Chase Bank N.A.) | 1,500,000 | 1,500,000 | ||||||||||||||
California Public Works Board Lease Rev., Series 1993 D, (Department of Corrections), 5.25%, 6/1/15 (AGM) | 1,295,000 | 1,316,121 | ||||||||||||||
California Public Works Board Lease Rev., Series 2009 G1, (Various Capital Projects), 5.75%, 10/1/30 | 2,000,000 | 2,350,820 | ||||||||||||||
California Public Works Board Lease Rev., Series 2010 A-1, (Various Capital Projects), 5.00%, 3/1/17 | 1,000,000 | 1,118,550 | ||||||||||||||
California Public Works Board Lease Rev., Series 2010 A1, (Various Capital Projects), 6.00%, 3/1/35 | 1,250,000 | 1,499,700 | ||||||||||||||
California Public Works Board Lease Rev., Series 2011 C, (State Prisons), 5.75%, 10/1/31 | 1,000,000 | 1,175,880 | ||||||||||||||
California Public Works Board Lease Rev., Series 2011 D, (Judicial Council Projects), 5.00%, 12/1/15 | 3,335,000 | 3,571,752 | ||||||||||||||
California Public Works Board Lease Rev., Series 2011 D, (Judicial Council Projects), 5.00%, 12/1/31 | 975,000 | 1,091,581 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 A, (Various Capital Projects), 5.00%, 4/1/25 | 1,500,000 | 1,737,855 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 A, (Various Capital Projects), 5.00%, 4/1/37 | 5,465,000 | 5,946,139 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 D, 5.00%, 9/1/36 | 500,000 | 545,650 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 G, (Various Capital Projects), 4.00%, 11/1/17 | 1,235,000 | 1,369,998 | ||||||||||||||
California Public Works Board Lease Rev., Series 2013 H, (California State University Project), 5.00%, 9/1/38 | 1,500,000 | 1,647,210 | ||||||||||||||
California Public Works Board Lease Rev., Series 2013 I, (Various Capital Projects), 5.00%, 11/1/38 | 2,350,000 | 2,588,102 | ||||||||||||||
California Public Works Board Lease Rev., Series 2014 A, (Various Capital Projects), 5.00%, 9/1/39 | 7,000,000 | 7,741,860 | ||||||||||||||
California State University Systemwide Rev., Series 2005 C, 5.00%, 11/1/30 (NATL-RE) | 5,000,000 | 5,269,700 | ||||||||||||||
California State University Systemwide Rev., Series 2011 A, 5.00%, 11/1/42 | 3,000,000 | 3,260,070 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Cottage Health Obligation Group), 5.25%, 11/1/30 | 1,250,000 | 1,367,238 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Episcopal Communities and Services), 5.00%, 5/15/42 | 1,500,000 | 1,542,600 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Lancer Educational Student Housing), 5.625%, 6/1/33 | 2,500,000 | 2,523,275 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Southern California Presbyterian Homes), 7.25%, 11/15/41 | 2,500,000 | 2,892,175 |
California Statewide Communities Development Authority Rev., (Trinity Health Corp.), 5.00%, 12/1/41 | 1,100,000 | 1,183,611 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2001 C, (Kaiser Permanente), 5.25%, 8/1/31 | 4,000,000 | 4,201,720 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2004 D, (Sutter Health), 5.05%, 8/15/38 (AGM) | 1,650,000 | 1,730,404 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2007 A, (California Baptist University), 5.50%, 11/1/38 | 7,000,000 | 7,084,560 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2008 C, (John Muir Health), VRDN, 0.06%, 6/2/14 (LOC: Wells Fargo Bank N.A.) | 1,600,000 | 1,600,000 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2012 A, (Kaiser Permanente), 5.00%, 4/1/42 | 6,000,000 | 6,500,640 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2013 A, (American Baptist Homes of the West), 5.00%, 10/1/43 | 1,200,000 | 1,220,376 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2014 A, (Henry Mayo Newhall Memorial Hospital), 5.25%, 10/1/43 (AGM) | 1,000,000 | 1,089,000 | ||||||||||||||
Carson Redevelopment Agency Tax Allocation Rev., Series 2009 A, (Project Area No. 1), 7.00%, 10/1/36 | 2,000,000 | 2,312,100 | ||||||||||||||
Chaffey Joint Union High School District GO, Series 2013 A, (Election of 2012), 5.00%, 8/1/32 | 2,000,000 | 2,276,360 | ||||||||||||||
Chula Vista Industrial Development Rev., Series 2004 D, (San Diego Gas), 5.875%, 1/1/34 | 1,000,000 | 1,154,710 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Rev., (Assessment District No. 13-1), 5.00%, 9/2/29 | 700,000 | 772,835 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Rev., (Assessment District No. 13-1), 5.00%, 9/2/30 | 350,000 | 384,115 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 12-1), 5.00%, 9/2/24 | 700,000 | 800,450 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 12-1), 5.00%, 9/2/26 | 600,000 | 670,620 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 87-8), VRDN, 0.04%, 6/2/14 (LOC: State Street Bank & Trust Co.) | 2,000,000 | 2,000,000 | ||||||||||||||
Clovis Unified School District GO, Series 2013 B, (Election of 2012), 5.00%, 8/1/38 | 3,000,000 | 3,341,520 | ||||||||||||||
Contra Costa Water District Rev., Series 2013 R, 5.00%, 10/1/43 | 1,025,000 | 1,145,202 | ||||||||||||||
Corcoran COP, 8.75%, 6/1/16 (Acquired 4/28/92, Cost $200,000)(4) | 200,000 | 219,910 | ||||||||||||||
Duarte Unified School District GO, Capital Appreciation, Series 1999 B, 0.00%, 11/1/23 (AGM)(1) | 1,150,000 | 829,886 | ||||||||||||||
East Side Union High School District GO, Series 2013, 5.00%, 8/1/29 | 1,050,000 | 1,200,465 | ||||||||||||||
Eastern Municipal Water District Water and Sewer COP, Series 2008 H, 5.00%, 7/1/33 | 4,000,000 | 4,495,360 | ||||||||||||||
El Dorado County Community Facilities District No. 2001-1 Special Tax Rev., (Promontory Specific), 6.30%, 9/1/31 | 2,500,000 | 2,509,050 | ||||||||||||||
Escondido Joint Powers Financing Authority Rev., (Water Systems Financing), 5.00%, 9/1/31 | 1,355,000 | 1,498,196 | ||||||||||||||
Fairfield Redevelopment Agency Tax Allocation Rev., 4.00%, 8/1/16 | 1,000,000 | 1,076,050 | ||||||||||||||
Foothill-De Anza Community College District GO, Capital Appreciation, 0.00%, 8/1/21 (NATL-RE)(1) | 3,000,000 | 2,536,470 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 A, 6.00%, 1/15/49 | 27,500,000 | 31,501,800 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 B3, VRDN, 5.50%, 1/15/23 | 3,750,000 | 4,343,775 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 C, 6.50%, 1/15/43 | 4,000,000 | 4,670,200 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Capital Appreciation, Series 2014 A, 0.00%, 1/15/24(5) | 2,200,000 | 1,326,094 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Capital Appreciation, Series 2014 A, 0.00%, 1/15/42(1) | 6,000,000 | 1,126,860 |
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2007 A-1, 5.00%, 6/1/33 | 2,000,000 | 1,663,880 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2007 A1, 4.50%, 6/1/27 | 5,000,000 | 4,565,950 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2007 A1, 5.125%, 6/1/47 | 5,000,000 | 3,893,200 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2007 A1, 5.75%, 6/1/47 | 8,000,000 | 6,754,640 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2007 A2, 5.30%, 6/1/37 | 3,000,000 | 2,471,340 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2013 A, 5.00%, 6/1/29 | 1,500,000 | 1,696,590 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2013 A, 5.00%, 6/1/30 | 2,500,000 | 2,811,075 | ||||||||||||||
Grossmont Union High School District GO, Series 2013 E, (Election of 2008), 5.00%, 8/1/43 | 1,225,000 | 1,355,352 | ||||||||||||||
Hayward Area Recreation and Park District COP, 5.125%, 1/1/39 | 1,500,000 | 1,652,685 | ||||||||||||||
Hemet Unified School District Special Tax Rev., (Community Facilities District No. 2005-2), 5.25%, 9/1/30 | 2,670,000 | 2,693,282 | ||||||||||||||
Hesperia Public Financing Authority Tax Allocation Rev., Series 2007 A, (Redevelopment and Housing), 5.50%, 9/1/32 (XLCA) | 3,000,000 | 3,078,960 | ||||||||||||||
Hesperia Public Financing Authority Tax Allocation Rev., Series 2007 A, (Redevelopment and Housing), 5.50%, 9/1/37 (XLCA) | 2,025,000 | 2,067,667 | ||||||||||||||
Huntington Beach Community Facilities District Special Tax Rev., (Huntington Center), 5.375%, 9/1/33 | 1,700,000 | 1,869,048 | ||||||||||||||
Independent Cities Finance Authority Mobile Home Park Rev., (Rancho Feliz and Las Casitasde Sonoma), 5.00%, 10/15/47 | 5,000,000 | 5,131,400 | ||||||||||||||
Independent Cities Finance Authority Mobile Home Park Rev., Series 2011 A, (Castle Mobile Estates), 6.75%, 8/15/46 | 2,500,000 | 2,784,525 | ||||||||||||||
Independent Cities Finance Authority Mobile Home Park Rev., Series 2012 A, (Augusta Communities), 5.00%, 5/15/39 | 2,500,000 | 2,588,700 | ||||||||||||||
Independent Cities Lease Finance Authority Rev., Series 2004 A, (Morgan Hill - Hacienda Valley Mobile Estates), 5.90%, 11/15/34 | 2,235,000 | 2,243,046 | ||||||||||||||
Independent Cities Lease Finance Authority Rev., Series 2006 B, (San Juan Mobile Estates), 5.55%, 5/15/31 | 500,000 | 503,990 | ||||||||||||||
Independent Cities Lease Finance Authority Rev., Series 2006 B, (San Juan Mobile Estates), 5.85%, 5/15/41 | 1,150,000 | 1,161,569 | ||||||||||||||
Independent Cities Lease Finance Authority Rev., Series 2007 A, (Santa Rosa Leisure Mobilehome Park), 5.70%, 11/15/47 | 3,430,000 | 3,484,640 | ||||||||||||||
Inland Valley Development Agency Tax Allocation Rev., Series 2014 A, 5.25%, 9/1/37 | 1,110,000 | 1,236,729 | ||||||||||||||
Inland Valley Development Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/44 | 1,180,000 | 1,263,119 | ||||||||||||||
Irvine Ranch Water District Rev., Series 2009 B, VRDN, 0.05%, 6/2/14 (LOC: Bank of America N.A.) | 13,900,000 | 13,900,000 | ||||||||||||||
Irvine Ranch Water District Rev., VRDN, 0.04%, 6/2/14 (LOC: Bank of New York Mellon) | 1,200,000 | 1,200,000 | ||||||||||||||
Irvine Unified School District Special Tax Rev., (Community Facilities District No. 06-1), 6.70%, 9/1/35 | 515,000 | 589,680 | ||||||||||||||
Jurupa Community Services District Special Tax Rev., Series 2008 A, (Community Facilities District No. 25), 8.875%, 9/1/38 | 2,000,000 | 2,260,400 | ||||||||||||||
Jurupa Community Services District Special Tax Rev., Series 2013 A, (Community Facilities District No. 31), 5.00%, 9/1/37 | 250,000 | 265,243 | ||||||||||||||
Jurupa Community Services District Special Tax Rev., Series 2013 A, (Community Facilities District No. 31), 5.00%, 9/1/42 | 1,000,000 | 1,054,770 | ||||||||||||||
Kern High School District GO, 5.00%, 8/1/25 | 1,145,000 | 1,344,814 | ||||||||||||||
Lake Elsinore Unified School District Special Tax Rev., (Community Facilities District No. 2005-1, Improvement Area A), 5.40%, 9/1/35 | 2,245,000 | 2,272,995 | ||||||||||||||
Lammersville Joint Unified School District Special Tax Rev., (Mountain House), 6.00%, 9/1/43 | 1,250,000 | 1,399,563 | ||||||||||||||
Liberty Union High School District GO, 5.00%, 8/1/29 | 1,000,000 | 1,144,300 | ||||||||||||||
Long Beach Bond Finance Authority Natural Gas Purchase Rev., Series 2007 A, 5.50%, 11/15/37 | 1,150,000 | 1,373,595 |
Los Alamitos Unified School District COP, Capital Appreciation, (Capital Projects), 0.00%, 8/1/24(5) | 1,300,000 | 852,215 | ||||||||||||||
Los Angeles Community College District GO, Series 2008 F1, (Election of 2003), 5.00%, 8/1/27 | 2,000,000 | 2,296,380 | ||||||||||||||
Los Angeles Community Facilities District No. 3 Special Tax Rev., (Cascades Business Park & Golf Course), 6.40%, 9/1/22 | 1,215,000 | 1,224,623 | ||||||||||||||
Los Angeles County COP, (Disney Concert Hall), 5.00%, 3/1/23 | 1,000,000 | 1,193,280 | ||||||||||||||
Los Angeles Department of Airports Rev., Series 2010 A, (Los Angeles International Airport), 5.00%, 5/15/40(6) | 2,000,000 | 2,197,280 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2001 B2, VRDN, 0.05%, 6/2/14 (SBBPA: Royal Bank of Canada) | 1,500,000 | 1,500,000 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2013 B, 5.00%, 7/1/30 | 3,500,000 | 4,069,660 | ||||||||||||||
Los Angeles Unified School District COP, Series 2012 B, (Headquarters Building Project), 5.00%, 10/1/29 | 350,000 | 398,923 | ||||||||||||||
Los Angeles Unified School District COP, Series 2012 B, (Headquarters Building Project), 5.00%, 10/1/31 | 3,500,000 | 3,939,880 | ||||||||||||||
Los Angeles Unified School District GO, Series 2011 A1, 5.00%, 7/1/24 | 3,430,000 | 4,060,640 | ||||||||||||||
Los Angeles Wastewater System Rev., Series 2012 B, 5.00%, 6/1/32 | 3,000,000 | 3,418,350 | ||||||||||||||
M-S-R Energy Authority Rev., Series 2009 A, 7.00%, 11/1/34 | 1,700,000 | 2,311,082 | ||||||||||||||
M-S-R Energy Authority Rev., Series 2009 B, 6.50%, 11/1/39 (GA: Citigroup, Inc.) | 2,000,000 | 2,653,600 | ||||||||||||||
Milpitas Improvement Bond Act of 1915 Special Assessment Rev., Series 1996 A, (Local Improvement District No. 18), 6.75%, 9/2/16 | 715,000 | 723,523 | ||||||||||||||
Modesto Irrigation District COP, Series 2009 A, (Capital Improvements), 6.00%, 10/1/39 | 3,000,000 | 3,460,320 | ||||||||||||||
Montebello Community Redevelopment Agency Tax Allocation Rev., Series 2009 A, (Montebello Hills Redevelopment), 8.10%, 3/1/27 | 2,000,000 | 2,307,100 | ||||||||||||||
Moorpark Mobile Home Park Rev., Series 2011 A, (Villa Delaware Arroyo), 6.50%, 5/15/41 | 4,000,000 | 4,459,400 | ||||||||||||||
Murrieta Community Facilities District No. 2002-2 Special Tax Rev., Series 2004 A, (The Oaks Improvement Area), 6.00%, 9/1/34 | 1,920,000 | 1,928,333 | ||||||||||||||
Murrieta Public Financing Authority Special Tax Rev., 5.00%, 9/1/31 | 1,735,000 | 1,831,466 | ||||||||||||||
Northern California Power Agency Rev., Series 2012 A, (Hydroelectric Project No. 1), 5.00%, 7/1/31 | 1,090,000 | 1,225,890 | ||||||||||||||
Norwalk-La Mirada Unified School District GO, Capital Appreciation, Series 2009 E, (Election of 2002), 0.00%, 8/1/38 (AGC)(1) | 10,000,000 | 3,245,900 | ||||||||||||||
Oakland Redevelopment Agency Rev., 5.00%, 9/1/36 (Ambac) | 5,000,000 | 5,084,250 | ||||||||||||||
Oakland Unified School District Alameda County GO, Series 2009 A, (Election of 2006), 6.125%, 8/1/29 | 2,500,000 | 2,868,175 | ||||||||||||||
Oakland Unified School District Alameda County GO, Series 2012 A, (Election of 2006), 5.50%, 8/1/32 | 2,150,000 | 2,339,135 | ||||||||||||||
Oakland Unified School District Alameda County GO, Series 2013, (Election of 2012), 6.625%, 8/1/38 | 770,000 | 921,628 | ||||||||||||||
Oceanside Community Development Commission Tax Allocation Rev., (Downtown Redevelopment), 5.70%, 9/1/25 | 3,500,000 | 3,503,115 | ||||||||||||||
Ohlone Community College District GO, Series 2011 A, (Election of 2010), 5.00%, 8/1/31 | 3,000,000 | 3,364,800 | ||||||||||||||
Orange County Community Facilities District Special Tax Rev., (No. 06-1-Delaware Rio Public Improvements), 6.00%, 10/1/40 | 1,375,000 | 1,422,713 | ||||||||||||||
Orange County Transportation Authority Rev., (Senior Lien), 5.00%, 8/15/30 | 2,400,000 | 2,710,416 | ||||||||||||||
Orange County Water District Rev., Series 2013 A, 5.00%, 8/15/33 | 1,900,000 | 2,207,838 | ||||||||||||||
Palm Springs Financing Authority Lease Rev., Series 2012 B, (Downtown Revitalization Project), 5.00%, 6/1/35 | 4,000,000 | 4,267,400 | ||||||||||||||
Palomar Pomerado Health Care District COP, 6.75%, 11/1/39 | 2,750,000 | 2,881,532 | ||||||||||||||
Paramount Unified School District GO, Capital Appreciation, (Election of 2006), 0.00%, 8/1/51 (BAM)(1) | 12,500,000 | 1,054,625 | ||||||||||||||
Perris Public Financing Authority Special Tax Rev., Series 2004 A, 6.125%, 9/1/34 | 2,995,000 | 3,066,251 |
Perris Public Financing Authority Special Tax Rev., Series 2008 A, (Community Facilities District No. 2005-4), 6.60%, 9/1/38 | 2,140,000 | 2,225,536 | ||||||||||||||
Pittsburg Redevelopment Agency Tax Allocation Rev., Series 2004 A, (Los Medanos Community), VRDN, 0.08%, 6/2/14 (LOC: State Street Bank & Trust Co. and California State Teacher's Retirement System) | 3,000,000 | 3,000,000 | ||||||||||||||
Pleasant Valley School District/Ventura County GO, Series 2002 A, 5.85%, 8/1/31 (NATL-RE) | 4,835,000 | 5,810,316 | ||||||||||||||
Poway Unified School District Public Financing Authority Rev., 7.875%, 9/15/39 | 3,825,000 | 4,383,488 | ||||||||||||||
Poway Unified School District Special Tax Rev., (Community Facilities District No. 6-4S), 5.00%, 9/1/36 | 600,000 | 635,508 | ||||||||||||||
Redwood City Redevelopment Agency Tax Allocation Rev., Capital Appreciation, Series 2003 A, (Redevelopment Project Area 2), 0.00%, 7/15/28 (Ambac)(1) | 3,405,000 | 1,702,023 | ||||||||||||||
Rio Elementary School District Community Facilities District No. 1 Special Tax Rev., Series 2013, 5.50%, 9/1/39 | 2,000,000 | 2,201,260 | ||||||||||||||
Riverside County Community Facilities Districts Special Tax Rev., (Tax No. 04-2-Lake Hills Crest), 5.00%, 9/1/30 | 1,035,000 | 1,118,918 | ||||||||||||||
Riverside County Community Facilities Districts Special Tax Rev., (Tax No. 04-2-Lake Hills Crest), 5.00%, 9/1/35 | 2,520,000 | 2,650,234 | ||||||||||||||
Riverside County Community Facilities Districts Special Tax Rev., (Tax No. 05-8 Scott Road), 5.00%, 9/1/42 | 3,000,000 | 3,185,790 | ||||||||||||||
Riverside County Redevelopment Agency Tax Allocation Rev., Series 2010 E, (Interstate 215 Corridor), 6.25%, 10/1/30 | 2,200,000 | 2,465,342 | ||||||||||||||
Riverside County Transportation Commission Rev., Series 2013 A, (Limited Tax), 5.25%, 6/1/39 | 800,000 | 920,984 | ||||||||||||||
Riverside County Transportation Commission Rev., Series 2013 A, (Senior Lien), 5.75%, 6/1/44 | 500,000 | 551,490 | ||||||||||||||
Riverside County Transportation Commission Rev., Capital Appreciation, Series 2013 B, (Senior Lien), 0.00%, 6/1/43(1) | 5,000,000 | 959,000 | ||||||||||||||
Riverside Unified School District Special Tax Rev., (Community Facilities District No. 13, Improvement Area 1), 5.375%, 9/1/34 | 2,000,000 | 2,017,940 | ||||||||||||||
Riverside Unified School District Special Tax Rev., Series 2005 A, (Community Facilities School District No. 15, Improvement Area 2), 5.25%, 9/1/30 | 1,000,000 | 1,012,760 | ||||||||||||||
Romoland School District Special Tax Rev., (Community Facilities District No. 1, Improvement Area 1), 5.40%, 9/1/36 | 4,000,000 | 4,051,160 | ||||||||||||||
Romoland School District Special Tax Rev., (Community Facilities District No. 1, Improvement Area 3), 5.00%, 9/1/43 | 2,640,000 | 2,819,177 | ||||||||||||||
Roseville Community Facilities District No. 1 Special Tax Rev., (The Fountains), 6.125%, 9/1/38 | 2,600,000 | 2,751,008 | ||||||||||||||
Roseville Finance Authority Electric System Rev., 5.00%, 2/1/37 | 925,000 | 989,611 | ||||||||||||||
Sacramento Airport System Rev., Series 2009 D, (Grant Revenue Bonds), 6.00%, 7/1/35 | 4,000,000 | 4,621,360 | ||||||||||||||
Sacramento Municipal Utility District Electric Rev., Series 2012 Y, 5.00%, 8/15/31 | 625,000 | 709,238 | ||||||||||||||
Sacramento Municipal Utility District Electric Rev., Series 2012 Y, 5.00%, 8/15/33 | 1,000,000 | 1,124,760 | ||||||||||||||
Sacramento Regional Transit District Rev., (Farebox Revenue), 5.00%, 3/1/42 | 1,300,000 | 1,387,880 | ||||||||||||||
Sacramento Transportation Authority Sales Tax Rev., (Measure A), 5.00%, 10/1/24 | 1,055,000 | 1,257,571 | ||||||||||||||
San Buenaventura Rev., (Community Memorial Health System), 7.50%, 12/1/41 | 9,350,000 | 10,838,707 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2013 A, 5.00%, 7/1/24 | 300,000 | 357,396 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2013 A, 5.00%, 7/1/25 | 500,000 | 589,465 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2013 A, 5.00%, 7/1/26 | 500,000 | 583,555 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2013 A, 5.00%, 7/1/43 | 2,500,000 | 2,691,775 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2014 A, (Rental Car Facility), 5.00%, 7/1/44 | 1,500,000 | 1,639,725 | ||||||||||||||
San Diego County Water Authority Rev., 5.00%, 5/1/33 | 1,500,000 | 1,721,115 | ||||||||||||||
San Diego Public Facilities Financing Authority Lease Rev., Series 2012 A, (Capital Improvement Projects), 5.00%, 4/15/37 | 2,000,000 | 2,148,560 |
San Diego Public Facilities Financing Authority Water Rev., Series 2012 A, 5.00%, 8/1/30 | 2,000,000 | 2,305,840 | ||||||||||||||
San Diego Redevelopment Agency Tax Allocation Rev., Series 2009 A, (North Park Redevelopment), 7.00%, 11/1/39 | 3,000,000 | 3,471,660 | ||||||||||||||
San Diego Unified Port District Rev., Series 2013 A, 5.00%, 9/1/26 | 750,000 | 861,330 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2008 34D, (San Francisco International Airport), 5.25%, 5/1/26 | 3,000,000 | 3,451,950 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2011 D, 5.00%, 5/1/31 | 5,390,000 | 5,982,469 | ||||||||||||||
San Francisco City and County Redevelopment Financing Authority Tax Allocation Rev., Series 2009 D, (Mission Bay South Redevelopment), 6.625%, 8/1/39 | 2,000,000 | 2,277,360 | ||||||||||||||
San Francisco City and County Redevelopment Financing Authority Tax Allocation Rev., Series 2011 C, (Mission Bay South Redevelopment), 6.75%, 8/1/41 | 1,000,000 | 1,199,330 | ||||||||||||||
San Francisco City and County Redevelopment Financing Authority Tax Allocation Rev., Series 2011 D, (Mission Bay South Redevelopment), 7.00%, 8/1/41 | 1,250,000 | 1,398,825 | ||||||||||||||
San Francisco City and County Successor Agency Tax Allocation Rev., Series 2014 A, (Mission Bay South Redevelopment Project), 5.00%, 8/1/33 | 780,000 | 836,846 | ||||||||||||||
San Francisco City and County Successor Agency Tax Allocation Rev., Series 2014 A, (Mission Bay South Redevelopment), 5.00%, 8/1/43 | 1,000,000 | 1,062,620 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., (Senior Lien), 5.00%, 1/1/33 | 3,000,000 | 2,955,600 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, Series 1997 A, 0.00%, 1/15/25 (NATL-RE)(1) | 3,090,000 | 1,807,712 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, Series 1997 A, 0.00%, 1/15/29 (NATL-RE)(1) | 165,000 | 74,516 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, Series 1997 A, 0.00%, 1/15/31 (NATL-RE)(1) | 16,000,000 | 6,351,680 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, Series 1997 A, 0.00%, 1/15/32 (NATL-RE)(1) | 290,000 | 107,602 | ||||||||||||||
San Jose Airport Rev., Series 2011 A2, 5.25%, 3/1/34 | 2,605,000 | 2,819,079 | ||||||||||||||
San Mateo Special Tax Rev., (Community Facilities District No. 2008-1-Bay Meadows), 6.00%, 9/1/42 | 500,000 | 565,660 | ||||||||||||||
San Mateo Special Tax Rev., (Community Facilities District No. 2008-1-Bay Meadows), 5.50%, 9/1/44 | 2,250,000 | 2,466,855 | ||||||||||||||
Santa Barbara Secondary High School District GO, Series 2011 A, (Election of 2010), 0.00%, 8/1/36 | 10,000,000 | 3,580,500 | ||||||||||||||
Santa Barbara Secondary High School District GO, Series 2011 A, (Election of 2010), 0.00%, 8/1/40 | 3,795,000 | 1,115,958 | ||||||||||||||
Santa Cruz County Redevelopment Agency Tax Allocation Rev., Series 2009 A, (Live Oak/Soquel Community Improvement), 7.00%, 9/1/36 | 3,000,000 | 3,511,380 | ||||||||||||||
Santa Margarita Water District Special Tax Rev., Series 2011 B, (Community Facilities District No. 99-1), 5.875%, 9/1/38 | 650,000 | 671,983 | ||||||||||||||
Santa Margarita Water District Special Tax Rev., Series 2013, (Communities Facilities District No. 2013-1, Village of Sendero), 5.625%, 9/1/43 | 1,250,000 | 1,364,275 | ||||||||||||||
Santaluz Community Facilities District No. 2 Special Tax Rev., Series 2011 A, (Improvement Area No. 1), 5.10%, 9/1/30 | 465,000 | 504,051 | ||||||||||||||
Saugus-Castaic School Facilities Financing Authority Special Tax Rev., (Community Facilities District No. 2006-1C), 6.00%, 9/1/43 | 1,500,000 | 1,629,585 | ||||||||||||||
Southern California Public Power Authority Rev., (Southern Transmission), 0.00%, 7/1/14 (NATL-RE-IBC)(1) | 2,400,000 | 2,399,400 | ||||||||||||||
Southern California Public Power Authority Rev., (Southern Transmission), 0.00%, 7/1/15 (NATL-RE-IBC)(1) | 1,250,000 | 1,243,038 | ||||||||||||||
Southern California Public Power Authority Rev., Series 2007 A, 5.00%, 11/1/33 | 3,755,000 | 4,108,984 | ||||||||||||||
Southern Mono Health Care District GO, Capital Appreciation, Series 2002 A, (Election of 2001), 0.00%, 8/1/26 (NATL-RE)(1) | 1,800,000 | 989,622 | ||||||||||||||
Southwestern Community College District GO, Capital Appreciation, Series 2011 C, (Election of 2008), 0.00%, 8/1/46(1) | 5,425,000 | 1,163,337 | ||||||||||||||
Stockton Public Financing Authority Rev., Series 2010 A, (Delta Water Supply Project), 6.25%, 10/1/40 | 1,750,000 | 2,003,067 |
Stockton Unified School District GO, Series 2014 A, (Election of 2012), 5.00%, 8/1/42 (AGM) | 705,000 | 755,168 | ||||||||||||||
Successor Agency to the Redevelopment Agency of the City & County of San Francisco Communities Facilities District No. 6 Special Tax Rev., Capital Appreciation, Series 2013 C, (Mission Bay South Public Improvements), 0.00%, 8/1/43(1) | 5,500,000 | 1,042,305 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/19 (BAM) | 215,000 | 249,847 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/20 (BAM) | 140,000 | 164,009 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/21 (BAM) | 90,000 | 106,177 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/22 (BAM) | 130,000 | 154,788 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/23 (BAM) | 120,000 | 142,512 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/24 (BAM) | 135,000 | 158,996 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 4.50%, 9/1/25 (BAM) | 45,000 | 50,223 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/25 (BAM) | 45,000 | 52,179 | ||||||||||||||
Sunnyvale Community Facilities District No. 1 Special Tax Rev., 7.75%, 8/1/32 | 6,500,000 | 6,509,295 | ||||||||||||||
Susanville Public Financing Authority Rev., Series 2010 B, (Utility Enterprises), 6.00%, 6/1/45 | 3,000,000 | 3,240,930 | ||||||||||||||
Tahoe-Truckee Unified School District GO, Capital Appreciation, Series 1999 A, (Improvement District No. 2), 0.00%, 8/1/22 (NATL-RE/FGIC)(1) | 2,690,000 | 2,092,954 | ||||||||||||||
Tahoe-Truckee Unified School District GO, Capital Appreciation, Series 1999 A, (Improvement District No. 2), 0.00%, 8/1/23 (NATL-RE/FGIC)(1) | 2,220,000 | 1,640,846 | ||||||||||||||
Tobacco Securitization Authority of Northern California Settlement Rev., Series 2005 A1, 5.50%, 6/1/45 | 2,000,000 | 1,654,680 | ||||||||||||||
Tobacco Securitization Authority of Southern California Settlement Rev., Series 2006 A1, 5.00%, 6/1/37 | 2,250,000 | 1,859,287 | ||||||||||||||
Torrance Rev., Series 2010 A, (Memorial Medical Center), 5.00%, 9/1/40 | 2,000,000 | 2,100,520 | ||||||||||||||
Tracy Community Facilities District No. 2006-1 Special Tax Rev., (NEI Phase II), 5.75%, 9/1/36 | 3,105,000 | 3,128,722 | ||||||||||||||
Tracy Public Financing Authority Special Tax Rev., Series 2014 A, 4.00%, 9/2/18(2) | 1,900,000 | 2,082,780 | ||||||||||||||
Tracy Public Financing Authority Special Tax Rev., Series 2014 A, 5.00%, 9/2/19(2) | 2,285,000 | 2,629,829 | ||||||||||||||
Tracy Public Financing Authority Special Tax Rev., Series 2014 A, 5.00%, 9/2/20(2) | 2,100,000 | 2,428,146 | ||||||||||||||
Tri-Dam Power Authority Rev., 4.00%, 5/1/16 | 2,165,000 | 2,260,931 | ||||||||||||||
Tri-Dam Power Authority Rev., 4.00%, 11/1/16 | 2,165,000 | 2,281,888 | ||||||||||||||
Tuolumne Wind Project Authority Rev., Series 2009 A, 5.875%, 1/1/29 | 2,000,000 | 2,397,660 | ||||||||||||||
Turlock Public Financing Authority Tax Allocation Rev., 7.50%, 9/1/39 | 2,770,000 | 3,074,534 | ||||||||||||||
Tustin Community Facilities District No. 06-1 Special Tax Rev., Series 2007 A, (Tustin Legacy/Columbus Villages), 6.00%, 9/1/36 | 4,945,000 | 5,295,254 | ||||||||||||||
Tustin Community Facilities District No. 07-1 Special Tax Rev., (Tustin Legacy/Retail Center), 6.00%, 9/1/37 | 1,300,000 | 1,357,486 | ||||||||||||||
Tustin Public Financing Authority Rev., 5.00%, 4/1/43 | 1,000,000 | 1,094,450 | ||||||||||||||
Tustin Unified School District Special Tax Rev., (Community Facilities District No. 06-1), 5.75%, 9/1/30 | 1,000,000 | 1,111,380 | ||||||||||||||
Tustin Unified School District Special Tax Rev., (Community Facilities District No. 06-1), 6.00%, 9/1/40 | 1,500,000 | 1,656,990 | ||||||||||||||
Twin Rivers Unified School District COP, (School Facilities Bridge Funding Program), VRDN, 3.20%, 6/1/20 (AGM) | 1,750,000 | 1,751,330 | ||||||||||||||
Twin Rivers Unified School District COP, (School Facilities Bridge Funding Program), VRDN, 3.20%, 6/1/20 (AGM) | 1,000,000 | 1,000,760 |
University of California System Rev., Series 2012 G, 5.00%, 5/15/37 | 5,000,000 | 5,555,500 | ||||||||||||||
Val Verde Unified School District Special Tax Rev., (Community Facilities District No. 1, Improvement Area A), 5.40%, 9/1/30 | 2,500,000 | 2,584,975 | ||||||||||||||
Val Verde Unified School District Special Tax Rev., (Community Facilities District No. 1, Improvement Area A), 5.45%, 9/1/36 | 2,600,000 | 2,682,732 | ||||||||||||||
Ventura County Community College District GO, Series 2008 C, (Election of 2002), 5.50%, 8/1/33 | 1,600,000 | 1,854,256 | ||||||||||||||
Yosemite Community College District GO, Capital Appreciation, (Election of 2004), 0.00%, 8/1/16 (AGM)(1) | 3,545,000 | 3,472,824 | ||||||||||||||
Yuba City Redevelopment Agency Tax Allocation Rev., 5.70%, 9/1/24 | 2,270,000 | 2,278,966 | ||||||||||||||
Yuba City Unified School District GO, Capital Appreciation, 0.00%, 3/1/25 (NATL-RE/FGIC)(1) | 1,500,000 | 956,205 | ||||||||||||||
718,213,444 | ||||||||||||||||
GUAM — 1.3% | ||||||||||||||||
Guam Government Business Privilege Tax Rev., Series 2011 A, 5.125%, 1/1/42 | 1,000,000 | 1,045,310 | ||||||||||||||
Guam Government GO, Series 2009 A, 7.00%, 11/15/39 | 7,230,000 | 7,877,157 | ||||||||||||||
Guam Power Authority Rev., Series 2012 A, 5.00%, 10/1/34 | 850,000 | 919,097 | ||||||||||||||
9,841,564 | ||||||||||||||||
PUERTO RICO — 2.9% | ||||||||||||||||
Puerto Rico Aqueduct & Sewer Authority Rev., Series 2012 A, (Senior Lien), 5.25%, 7/1/42 | 1,045,000 | 775,212 | ||||||||||||||
Puerto Rico Aqueduct & Sewer Authority Rev., Series 2012 A, (Senior Lien), 6.00%, 7/1/47 | 5,000,000 | 3,961,800 | ||||||||||||||
Puerto Rico Electric Power Authority Rev., Series 2010 XX, 5.25%, 7/1/40 | 465,000 | 286,380 | ||||||||||||||
Puerto Rico Electric Power Authority Rev., Series 2012 A, 5.00%, 7/1/42 | 4,000,000 | 2,395,560 | ||||||||||||||
Puerto Rico GO, Series 2008 A, 6.00%, 7/1/38 | 2,500,000 | 1,900,525 | ||||||||||||||
Puerto Rico GO, Series 2009 B, (Public Improvement), 6.00%, 7/1/39 | 3,500,000 | 2,647,085 | ||||||||||||||
Puerto Rico GO, Series 2009 C, (Public Improvement), 6.00%, 7/1/39 | 1,250,000 | 945,388 | ||||||||||||||
Puerto Rico GO, Series 2011 A, (Public Improvement), 5.75%, 7/1/41 | 1,000,000 | 732,490 | ||||||||||||||
Puerto Rico GO, Series 2014 A, 8.00%, 7/1/35 | 2,275,000 | 2,034,259 | ||||||||||||||
Puerto Rico Public Buildings Authority Rev., Series 2009 Q, 5.625%, 7/1/39 | 3,700,000 | 2,668,292 | ||||||||||||||
Puerto Rico Public Buildings Authority Rev., Series 2012 U, 5.25%, 7/1/42 | 5,000,000 | 3,445,900 | ||||||||||||||
21,792,891 | ||||||||||||||||
U.S. VIRGIN ISLANDS — 0.5% | ||||||||||||||||
Virgin Islands Public Finance Authority Rev., Series 2009 A, (Diageo Matching Fund Bonds), 6.75%, 10/1/37 | 2,000,000 | 2,225,240 | ||||||||||||||
Virgin Islands Public Finance Authority Rev., Series 2010 B, (Subordinated Lien), 5.25%, 10/1/29 | 1,500,000 | 1,605,240 | ||||||||||||||
3,830,480 | ||||||||||||||||
TOTAL INVESTMENT SECURITIES — 99.9% (Cost $713,739,211) | 753,678,379 | |||||||||||||||
OTHER ASSETS AND LIABILITIES — 0.1% | 567,945 | |||||||||||||||
TOTAL NET ASSETS — 100.0% | $ | 754,246,324 |
FUTURES CONTRACTS | ||||||||||||||
Contracts Sold | Expiration Date | Underlying Face Amount at Value ($) | Unrealized Appreciation (Depreciation) ($) | |||||||||||
256 | U.S. Treasury Long Bonds | September 2014 | 35,192,000 | 197,424 | ||||||||||
72 | U.S. Treasury Ultra Long Bonds | September 2014 | 10,820,250 | 53,195 | ||||||||||
46,012,250 | 250,619 | |||||||||||||
Notes to Schedule of Investments | ||||||||||||||
AGC | - | Assured Guaranty Corporation | ||||||||||||
AGM | - | Assured Guaranty Municipal Corporation | ||||||||||||
BAM | - | Build America Mutual Assurance Company | ||||||||||||
COP | - | Certificates of Participation | ||||||||||||
FGIC | - | Financial Guaranty Insurance Company | ||||||||||||
FHLB | - | Federal Home Loan Bank | ||||||||||||
GA | - | Guaranty Agreement | ||||||||||||
GO | - | General Obligation | ||||||||||||
LOC | - | Letter of Credit | ||||||||||||
NATL-RE | - | National Public Finance Guarantee Corporation - Reinsured | ||||||||||||
NATL-RE-IBC | - | National Public Finance Guarantee Corporation - Reinsured - Insured Bond Certificates | ||||||||||||
SBBPA | - | Standby Bond Purchase Agreement | ||||||||||||
VRDN | - | Variable Rate Demand Note. Interest reset date is indicated. Rate shown is effective at the period end. | ||||||||||||
VRN | - | Variable Rate Note. Interest reset date is indicated. Rate shown is effective at the period end. | ||||||||||||
XLCA | - | XL Capital Ltd. | ||||||||||||
(1) | Security is a zero-coupon bond. Zero-coupon securities are issued at a substantial discount from their value at maturity. | |||||||||||||
(2) | When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date. | |||||||||||||
(3) | Restricted security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be sold without restriction to qualified institutional investors and have been deemed liquid under policies approved by the Board of Trustees. The aggregate value of these securities at the period end was $3,204,531, which represented 0.4% of total net assets. | |||||||||||||
(4) | Restricted security that may not be offered for public sale without being registered with the Securities and Exchange Commission and/or may be subject to resale, redemption or transferability restrictions. The aggregate value of these securities at the period end was $219,910, which represented less than 0.05% of total net assets. | |||||||||||||
(5) | Coupon rate adjusts periodically based upon a predetermined schedule. Interest reset date is indicated. Rate shown is effective at the period end. | |||||||||||||
(6) | Security, or a portion thereof, has been pledged at the custodian bank or with a broker for margin requirements on futures contracts. At the period end, the aggregate value of securities pledged was $1,345,834. |
Federal tax cost of investments | $ | 713,739,211 | |
Gross tax appreciation of investments | $ | 44,891,507 | |
Gross tax depreciation of investments | (4,952,339) | ||
Net tax appreciation (depreciation) of investments | $ | 39,939,168 |
California Intermediate-Term Tax-Free Bond - Schedule of Investments | |
MAY 31, 2014 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||||||||||
MUNICIPAL SECURITIES — 99.6% | ||||||||||||||||
CALIFORNIA — 97.5% | ||||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., (899 Charleston Project), VRDN, 0.06%, 6/2/14 (LOC: Bank of America N.A.) | 1,875,000 | 1,875,000 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., (Jackson Laboratory), 4.00%, 7/1/15 | 280,000 | 290,338 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., (Jackson Laboratory), 4.00%, 7/1/16 | 270,000 | 288,390 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., (Jackson Laboratory), 5.00%, 7/1/17 | 1,000,000 | 1,123,040 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., (Jackson Laboratory), 5.00%, 7/1/18 | 500,000 | 572,630 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., Series 2011 A, (Sharp HealthCare), 6.00%, 8/1/30 | 2,500,000 | 3,048,575 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., Series 2014 A, (Sharp HealthCare), 5.00%, 8/1/33 | 1,450,000 | 1,610,863 | ||||||||||||||
Alameda Corridor Transportation Authority Rev., Series 2013 A, 5.00%, 10/1/24 | 2,000,000 | 2,373,200 | ||||||||||||||
Alameda Corridor Transportation Authority Rev., Series 2013 A, (Senior Lien), 5.00%, 10/1/20 | 3,010,000 | 3,582,261 | ||||||||||||||
Alameda Corridor Transportation Authority Rev., Capital Appreciation, Series 1999 A, 0.00%, 10/1/35 (NATL-RE)(1) | 9,000,000 | 3,326,310 | ||||||||||||||
Alum Rock Union Elementary School District GO, Series 2013 A, (Election of 2012), 6.00%, 8/1/39 | 1,500,000 | 1,849,530 | ||||||||||||||
Anaheim Public Financing Authority Rev., Series 2011 A, (Electric System Distribution Facilities), 5.375%, 10/1/36 | 700,000 | 820,722 | ||||||||||||||
Anaheim Public Financing Authority Rev., Series 2012 A, (Electric System Distribution Facilities), 5.00%, 10/1/23 | 1,200,000 | 1,441,944 | ||||||||||||||
Anaheim Public Financing Authority Rev., Series 2012 A, (Electric System Distribution Facilities), 5.00%, 10/1/24 | 2,275,000 | 2,707,091 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2001 A, (San Francisco Bay Area), VRDN, 1.31%, 6/5/14 | 5,000,000 | 5,057,850 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2007 A1, (San Francisco Bay Area), VRDN, 0.76%, 6/5/14 | 1,450,000 | 1,449,449 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2007 F, (San Francisco Bay Area), 5.00%, 4/1/17, Prerefunded at 100% of Par(2) | 2,000,000 | 2,253,140 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2008 F1, (San Francisco Bay Area), 5.00%, 4/1/34 | 5,000,000 | 5,576,150 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2008 G1, (San Francisco Bay Area), VRDN, 1.16%, 6/5/14 | 2,500,000 | 2,516,175 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2009 F1, (San Francisco Bay Area), 5.25%, 4/1/27 | 5,000,000 | 5,897,500 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2012 F1, (San Francisco Bay Area), 5.00%, 4/1/24 | 1,500,000 | 1,804,980 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2012 F1, (San Francisco Bay Area), 5.00%, 4/1/25 | 3,500,000 | 4,206,020 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2012 F1, (San Francisco Bay Area), 5.00%, 4/1/28 | 7,185,000 | 8,423,766 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2013 S4, (San Francisco Bay Area), 5.00%, 4/1/43 | 5,610,000 | 6,152,936 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2005 F5, 5.00%, 5/1/22 | 1,800,000 | 2,093,760 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2005 G4, 5.00%, 5/1/16 | 3,230,000 | 3,523,930 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2008 H, 5.00%, 5/1/21 | 5,000,000 | 5,816,000 |
California Department of Water Resources Power Supply Rev., Series 2009 AG, (Central Valley), 5.00%, 12/1/25 | 1,000,000 | 1,182,750 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 4.00%, 5/1/15 | 2,290,000 | 2,372,096 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 5.00%, 5/1/15 | 1,000,000 | 1,044,850 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 5.00%, 5/1/16 | 5,000,000 | 5,455,000 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 5.00%, 5/1/17 | 10,875,000 | 12,284,291 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 5.00%, 5/1/18 | 3,000,000 | 3,477,900 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 5.00%, 5/1/19 | 7,000,000 | 8,311,870 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 5.00%, 5/1/21 | 3,000,000 | 3,601,650 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 5.00%, 5/1/22 | 18,000,000 | 21,453,300 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 M, 4.00%, 5/1/15 | 7,275,000 | 7,535,809 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 M, 5.00%, 5/1/15 | 4,000,000 | 4,179,400 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 M, 5.00%, 5/1/16 | 2,000,000 | 2,182,000 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2011 N, 5.00%, 5/1/20 | 14,215,000 | 17,170,725 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2011 N, 5.00%, 5/1/21 | 13,300,000 | 16,395,841 | ||||||||||||||
California Economic Recovery GO, Series 2004 A, 5.25%, 7/1/14 (NATL-RE/FGIC) | 8,460,000 | 8,497,393 | ||||||||||||||
California Economic Recovery GO, Series 2004 A, 5.25%, 7/1/14(2) | 1,130,000 | 1,134,995 | ||||||||||||||
California Economic Recovery GO, Series 2004 A, 5.25%, 7/1/14 | 3,870,000 | 3,887,105 | ||||||||||||||
California Economic Recovery GO, Series 2009 A, 5.00%, 7/1/18 | 7,000,000 | 8,165,710 | ||||||||||||||
California Economic Recovery GO, Series 2009 A, 5.00%, 7/1/19 | 4,505,000 | 5,375,411 | ||||||||||||||
California Economic Recovery GO, Series 2009 A, 5.00%, 7/1/20 | 5,000,000 | 5,949,650 | ||||||||||||||
California Economic Recovery GO, Series 2009 A, 5.00%, 7/1/22 | 2,000,000 | 2,192,000 | ||||||||||||||
California Economic Recovery GO, Series 2009 B, VRN, 5.00%, 7/1/14 | 5,000,000 | 5,021,000 | ||||||||||||||
California Educational Facilities Authority Rev., (Chapman University), 5.00%, 4/1/31 | 1,455,000 | 1,601,940 | ||||||||||||||
California Educational Facilities Authority Rev., (San Francisco University), 5.00%, 10/1/16 | 1,200,000 | 1,327,032 | ||||||||||||||
California Educational Facilities Authority Rev., (San Francisco University), 5.00%, 10/1/21 | 750,000 | 885,540 | ||||||||||||||
California Educational Facilities Authority Rev., (Santa Clara University), 5.00%, 4/1/18 | 500,000 | 575,495 | ||||||||||||||
California Educational Facilities Authority Rev., (Santa Clara University), 5.00%, 4/1/19 | 700,000 | 808,752 | ||||||||||||||
California Educational Facilities Authority Rev., (Santa Clara University), 5.25%, 4/1/23 | 2,000,000 | 2,290,380 | ||||||||||||||
California Educational Facilities Authority Rev., (University of the Pacific), 5.00%, 11/1/15, Prerefunded at 100% of Par(2) | 70,000 | 74,806 | ||||||||||||||
California Educational Facilities Authority Rev., (University of the Pacific), 5.00%, 11/1/36 | 975,000 | 989,976 | ||||||||||||||
California Educational Facilities Authority Rev., Series 2009 A, (Pomona College), 5.00%, 1/1/24 | 2,100,000 | 2,424,030 | ||||||||||||||
California Educational Facilities Authority Rev., Series 2009 A, (University of Southern California), 5.00%, 10/1/39 | 2,950,000 | 3,289,368 | ||||||||||||||
California Educational Facilities Authority Rev., Series 2010 A, (Loyola Marymount University), 5.00%, 10/1/30 | 1,365,000 | 1,505,076 | ||||||||||||||
California Educational Facilities Authority Rev., Series 2010 B, (Loyola Marymount University), VRN, 0.86%, 6/5/14 | 3,675,000 | 3,679,226 | ||||||||||||||
California Educational Facilities Authority Rev., Series 2012 A, (University of the Pacific), 4.50%, 11/1/15 | 1,240,000 | 1,312,763 | ||||||||||||||
California Educational Facilities Authority Rev., Series 2012 A, (University of the Pacific), 4.50%, 11/1/17 | 1,000,000 | 1,121,230 | ||||||||||||||
California GO, 4.00%, 10/1/14 | 3,000,000 | 3,039,510 | ||||||||||||||
California GO, 5.00%, 9/1/15 | 9,115,000 | 9,663,905 | ||||||||||||||
California GO, 5.00%, 11/1/16 (Ambac) | 1,575,000 | 1,751,211 | ||||||||||||||
California GO, 5.00%, 10/1/17 | 2,170,000 | 2,479,811 | ||||||||||||||
California GO, 5.50%, 4/1/18 | 2,535,000 | 2,978,980 | ||||||||||||||
California GO, 5.00%, 8/1/18 | 2,260,000 | 2,533,528 |
California GO, 5.00%, 9/1/18 | 1,000,000 | 1,168,750 | ||||||||||||||
California GO, 5.00%, 9/1/19 | 7,645,000 | 9,079,814 | ||||||||||||||
California GO, 5.00%, 3/1/20 | 1,690,000 | 1,915,632 | ||||||||||||||
California GO, 5.00%, 8/1/20 | 5,000,000 | 5,592,400 | ||||||||||||||
California GO, 5.25%, 10/1/20 | 5,000,000 | 5,917,050 | ||||||||||||||
California GO, 5.00%, 3/1/22 | 5,000,000 | 5,405,150 | ||||||||||||||
California GO, 5.00%, 9/1/22 | 2,000,000 | 2,431,940 | ||||||||||||||
California GO, 5.50%, 4/1/24 | 4,600,000 | 5,487,156 | ||||||||||||||
California GO, 5.00%, 8/1/24 | 1,260,000 | 1,402,871 | ||||||||||||||
California GO, 5.00%, 12/1/26 | 1,045,000 | 1,240,687 | ||||||||||||||
California GO, 5.00%, 2/1/27 | 14,000,000 | 16,357,600 | ||||||||||||||
California GO, 5.00%, 2/1/28 | 5,795,000 | 6,719,302 | ||||||||||||||
California GO, 5.75%, 4/1/28 | 5,000,000 | 5,978,550 | ||||||||||||||
California GO, 5.00%, 11/1/29 | 2,625,000 | 3,054,135 | ||||||||||||||
California GO, 5.75%, 4/1/31 | 5,000,000 | 5,927,250 | ||||||||||||||
California GO, 5.00%, 11/1/32 | 1,890,000 | 2,086,031 | ||||||||||||||
California GO, 6.50%, 4/1/33 | 5,000,000 | 6,129,100 | ||||||||||||||
California GO, 6.00%, 4/1/38 | 3,000,000 | 3,545,130 | ||||||||||||||
California GO, Series 2004 A5, (Kindergarten), VRDN, 0.06%, 6/2/14 (LOC: Citibank N.A.) | 2,100,000 | 2,100,000 | ||||||||||||||
California GO, Series 2012 B, VRN, 0.96%, 6/5/14 | 2,000,000 | 2,028,440 | ||||||||||||||
California GO, Series 2012 B, VRN, 1.06%, 6/5/14 | 800,000 | 812,592 | ||||||||||||||
California GO, Series 2012 B, VRN, 1.21%, 6/5/14 | 960,000 | 978,749 | ||||||||||||||
California GO, VRDN, 4.00%, 12/1/16 | 3,000,000 | 3,210,420 | ||||||||||||||
California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 8/15/18 | 1,000,000 | 1,164,000 | ||||||||||||||
California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 8/15/19 | 735,000 | 869,387 | ||||||||||||||
California Health Facilities Financing Authority Rev., (NCROC Paradise Valley Estates), 5.70%, 12/1/24 (Ambac/California Mortgage Insurance) | 1,455,000 | 1,716,405 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2006 C, (Kaiser Permanente), VRDN, 0.05%, 6/4/14 | 11,000,000 | 11,000,000 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 A, (Lucile Salter Packard Children's Hospital), VRDN, 1.45%, 3/15/17 | 2,000,000 | 2,039,840 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 A, (Scripps Health), 5.00%, 10/1/17 | 1,400,000 | 1,592,906 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 A, (Sutter Health), 5.50%, 8/15/17 | 1,000,000 | 1,154,790 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 A, (Sutter Health), 5.25%, 8/15/22 | 3,335,000 | 3,892,145 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 B, (Lucile Salter Packard Children's Hospital), VRDN, 1.45%, 3/15/17 | 2,200,000 | 2,243,824 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 C, (Lucile Salter Packard Children's Hospital), VRDN, 1.45%, 3/15/17 | 1,500,000 | 1,529,880 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 C, (Providence Health & Services), 5.00%, 10/1/14 | 500,000 | 508,315 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 C, (Providence Health & Services), 6.50%, 10/1/18, Prerefunded at 100% of Par(2) | 40,000 | 49,446 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 C, (Providence Health & Services), 6.25%, 10/1/24 | 3,250,000 | 3,882,157 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 C, (Providence Health & Services), 6.50%, 10/1/38 | 2,085,000 | 2,470,141 |
California Health Facilities Financing Authority Rev., Series 2008 H, (Catholic Healthcare West), 5.125%, 7/1/22 | 485,000 | 507,853 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2009 A, (Catholic Healthcare West), 5.00%, 7/1/18 | 3,000,000 | 3,426,150 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2009 A, (Children's Hospital of Orange County), 6.25%, 11/1/29 | 5,000,000 | 5,857,550 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2009 A, (St. Joseph Health System), 5.50%, 7/1/29 | 1,500,000 | 1,747,530 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2009 A, (St. Joseph Health System), 5.75%, 7/1/39 | 1,000,000 | 1,158,470 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2010 A, (Stanford Hospital), 5.00%, 11/15/25 | 2,000,000 | 2,276,960 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 B, (St. Joseph Health System), VRDN, 0.06%, 6/2/14 (LOC: U.S. Bank N.A.) | 2,400,000 | 2,400,000 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 B, (Sutter Health), 6.00%, 8/15/42 | 1,000,000 | 1,205,300 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 C, (St. Joseph Health System), VRDN, 0.06%, 6/2/14 (LOC: Northern Trust Company) | 2,000,000 | 2,000,000 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 D, (Sutter Health), 5.00%, 8/15/18 | 1,305,000 | 1,523,431 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 D, (Sutter Health), 5.00%, 8/15/22 | 1,650,000 | 1,967,922 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2012 A, (Stanford Hospital & Clinics), 5.00%, 8/15/51 | 1,000,000 | 1,084,980 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2013 A, (St. Joseph Health System), 5.00%, 7/1/37 | 890,000 | 989,084 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2013 A, (Sutter Health), 5.00%, 8/15/52 | 4,500,000 | 4,859,730 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., (Columbia College), VRDN, 0.08%, 6/5/14 (LOC: Rabobank N.V.) | 1,555,000 | 1,555,000 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2000 A, (Scripps Research Institute), 5.625%, 7/1/20 | 790,000 | 793,318 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2003 A, (Bay Area Toll Bridges Seismic Retrofit 1st Lien), 5.125%, 7/1/26, Prerefunded at 100% of Par (Ambac)(2) | 5,000,000 | 6,486,150 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2008 B, (Los Angeles County Museum of Natural History Foundation), VRDN, 0.04%, 6/2/14 (LOC: Wells Fargo Bank N.A.) | 1,300,000 | 1,300,000 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2010 A, (University of California, San Francisco Neuroscience Building), 5.00%, 5/15/22 | 3,735,000 | 4,449,132 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2012 A1, (J. Paul Getty Trust), 4.00%, 10/1/15 | 975,000 | 1,025,622 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2012 B1, (J. Paul Getty Trust), VRDN, 0.36%, 6/5/14 | 7,500,000 | 7,502,025 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2013 A, (Los Angeles County Museum of Art Project), VRDN, 1.85%, 6/5/14 | 3,000,000 | 2,998,200 | ||||||||||||||
California Municipal Finance Authority Rev., (Biola University), 5.00%, 10/1/18 | 1,000,000 | 1,129,520 | ||||||||||||||
California Municipal Finance Authority Rev., (Community Hospitals Central), 5.00%, 2/1/17 | 2,000,000 | 2,189,320 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2007, (Loma Linda University), 5.00%, 4/1/23 | 1,145,000 | 1,221,658 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2007, (Loma Linda University), 5.00%, 4/1/28 | 2,000,000 | 2,092,080 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2010 A, (Chevron USA, Inc.), VRDN, 0.04%, 6/2/14 (GA: Chevron Corp.) | 1,960,000 | 1,960,000 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2010 A, (Eisenhower Medical Center), 5.00%, 7/1/19 | 605,000 | 668,277 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2010 A, (Eisenhower Medical Center), 5.25%, 7/1/21 | 1,760,000 | 1,942,213 |
California Municipal Finance Authority Rev., Series 2010 A, (University of Louisiana Verne), 5.00%, 6/1/17 | 2,290,000 | 2,514,076 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2011, (Emerson College), 5.75%, 1/1/33 | 2,250,000 | 2,572,582 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2011, (Emerson College), 6.00%, 1/1/42 | 1,000,000 | 1,154,820 | ||||||||||||||
California Pollution Control Financing Authority Rev., Series 1996 E, (Pacific Gas & Electric Company), VRDN, 0.04%, 6/2/14 (LOC: JPMorgan Chase Bank N.A.) | 19,100,000 | 19,100,000 | ||||||||||||||
California Pollution Control Financing Authority Rev., Series 1996 F, (Pacific Gas & Electric Company), VRDN, 0.04%, 6/2/14 (LOC: JPMorgan Chase Bank N.A.) | 1,300,000 | 1,300,000 | ||||||||||||||
California Public Works Board Rev., Series 2014 A, 5.00%, 9/1/25 | 5,000,000 | 5,994,800 | ||||||||||||||
California Public Works Board Lease Rev., Series 2005 A, (Department of General Services - Butterfield), 5.00%, 6/1/14 | 1,800,000 | 1,800,252 | ||||||||||||||
California Public Works Board Lease Rev., Series 2005 A, (Department of General Services - Butterfield), 5.00%, 6/1/15 | 1,450,000 | 1,519,788 | ||||||||||||||
California Public Works Board Lease Rev., Series 2006 A, (California State University), 5.00%, 10/1/16 (NATL-RE/FGIC) | 1,500,000 | 1,658,595 | ||||||||||||||
California Public Works Board Lease Rev., Series 2009 A, (Department of General Services - Building 8 & 9), 6.25%, 4/1/34 | 2,435,000 | 2,879,850 | ||||||||||||||
California Public Works Board Lease Rev., Series 2009 B, (Department of Education - Riverside Campus), 6.00%, 4/1/27 | 2,130,000 | 2,519,939 | ||||||||||||||
California Public Works Board Lease Rev., Series 2009 I1, (Various Capital Projects), 6.375%, 11/1/34 | 2,500,000 | 3,013,825 | ||||||||||||||
California Public Works Board Lease Rev., Series 2011 D, (Judicial Council Projects), 5.00%, 12/1/15 | 4,000,000 | 4,283,960 | ||||||||||||||
California Public Works Board Lease Rev., Series 2011 D, (Judicial Council Projects), 5.00%, 12/1/16 | 1,820,000 | 2,024,477 | ||||||||||||||
California Public Works Board Lease Rev., Series 2011 D, (Judicial Council Projects), 5.25%, 12/1/26 | 2,000,000 | 2,335,760 | ||||||||||||||
California Public Works Board Lease Rev., Series 2011 G, (University of California), 5.00%, 12/1/21, Prerefunded at 100% of Par(2)(3) | 3,700,000 | 4,565,430 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 A, (Various Capital Projects), 5.00%, 4/1/15 | 4,000,000 | 4,161,360 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 A, (Various Capital Projects), 5.00%, 4/1/21 | 3,000,000 | 3,580,800 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 A, (Various Capital Projects), 5.00%, 4/1/22 | 2,100,000 | 2,525,754 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 A, (Various Capital Projects), 5.00%, 4/1/23 | 2,000,000 | 2,361,200 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 A, (Various Capital Projects), 5.00%, 4/1/25 | 1,800,000 | 2,085,426 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 A, (Various Capital Projects), 5.00%, 4/1/37 | 4,545,000 | 4,945,142 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 D, 5.00%, 9/1/36 | 1,000,000 | 1,091,300 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 G, (Various Capital Projects), 4.00%, 11/1/17 | 1,250,000 | 1,386,638 | ||||||||||||||
California Public Works Board Lease Rev., Series 2013 H, (California State University Project), 5.00%, 9/1/38 | 4,500,000 | 4,941,630 | ||||||||||||||
California Public Works Board Lease Rev., Series 2013 I, (Various Capital Projects), 5.00%, 11/1/38 | 2,400,000 | 2,643,168 | ||||||||||||||
California State University Systemwide Rev., Series 2011 A, 5.00%, 11/1/20 | 1,250,000 | 1,514,463 | ||||||||||||||
California State University Systemwide Rev., Series 2011 A, 5.00%, 11/1/24 | 5,000,000 | 5,920,150 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Cottage Health Obligation Group), 5.00%, 11/1/16 | 750,000 | 827,475 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Cottage Health Obligation Group), 5.00%, 11/1/17 | 815,000 | 923,419 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Cottage Health Obligation Group), 5.00%, 11/1/18 | 515,000 | 592,173 |
California Statewide Communities Development Authority Rev., (John Muir Health), 5.00%, 7/1/20 | 2,225,000 | 2,557,304 | ||||||||||||||
California Statewide Communities Development Authority Rev., (North Peninsula Jewish Campus), VRDN, 0.07%, 6/2/14 (LOC: Bank of America N.A.) | 1,400,000 | 1,400,000 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Southern California Edison Co.), VRDN, 1.375%, 4/2/18 | 1,775,000 | 1,793,265 | ||||||||||||||
California Statewide Communities Development Authority Rev., (St. Joseph Remarketing), 5.125%, 7/1/24 (NATL-RE) | 2,000,000 | 2,277,680 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Trinity Health Corp.), 5.00%, 12/1/41 | 1,570,000 | 1,689,336 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2002 B, (Pooled Financing Program), 5.20%, 6/30/14 (AGM) | 440,000 | 441,654 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2007 A, (California Baptist University), 5.30%, 11/1/18 | 1,655,000 | 1,797,049 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2007 A, (California Baptist University), 5.40%, 11/1/27 | 1,000,000 | 1,025,700 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2007 A, (Henry Mayo Newhall Memorial Hospital), 5.00%, 10/1/17, Prerefunded at 100% of Par (California Mortgage Insurance)(2) | 1,000,000 | 1,142,770 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2007 A, (Valleycare Health System), 4.80%, 7/15/17 | 2,530,000 | 2,696,120 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2007 A, (Valleycare Health System), 5.00%, 7/15/22 | 2,460,000 | 2,525,657 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2009 A, (Kaiser Permanente), 5.00%, 4/1/19 | 1,450,000 | 1,706,244 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2012 A, (Kaiser Permanente), 5.00%, 4/1/42 | 8,400,000 | 9,100,896 | ||||||||||||||
Calleguas-Las Virgenes Public Financing Authority Rev., Series 2007 A, (Municipal Water District), 5.00%, 7/1/20 (NATL-RE/FGIC) | 1,000,000 | 1,089,860 | ||||||||||||||
Capistrano Unified School District Special Tax Rev., (Community Facilities District No. 87-1), 5.00%, 9/1/18 (Ambac) | 3,115,000 | 3,347,722 | ||||||||||||||
Carson Redevelopment Agency Successor Agency Tax Allocation Rev., Series 2014 A, (Merged and Amended Project Area), 4.00%, 10/1/15 | 625,000 | 655,338 | ||||||||||||||
Carson Redevelopment Agency Successor Agency Tax Allocation Rev., Series 2014 A, (Merged and Amended Project Area), 4.00%, 10/1/16 | 525,000 | 567,620 | ||||||||||||||
Carson Redevelopment Agency Successor Agency Tax Allocation Rev., Series 2014 A, (Merged and Amended Project Area), 4.00%, 10/1/17 | 675,000 | 746,307 | ||||||||||||||
Carson Redevelopment Agency Successor Agency Tax Allocation Rev., Series 2014 A, (Project Area No. 1), 5.00%, 10/1/19 (AGM) | 315,000 | 366,402 | ||||||||||||||
Chaffey Joint Union High School District GO, Series 2013 A, (Election of 2012), 5.00%, 8/1/30 | 3,125,000 | 3,596,969 | ||||||||||||||
Chaffey Joint Union High School District GO, Series 2013 A, (Election of 2012), 5.00%, 8/1/32 | 1,220,000 | 1,388,580 | ||||||||||||||
Chula Vista Rev., Series 2006 A, (San Diego Gas and Electric), 1.65%, 7/1/18 | 8,165,000 | 8,226,564 | ||||||||||||||
City of Fontana Special Tax Rev., (Community Facilities District No. 22), 4.00%, 9/1/18(4) | 740,000 | 811,010 | ||||||||||||||
City of Fontana Special Tax Rev., (Community Facilities District No. 22), 4.00%, 9/1/19(4) | 390,000 | 428,762 | ||||||||||||||
City of Fontana Special Tax Rev., (Community Facilities District No. 22), 5.00%, 9/1/20(4) | 545,000 | 627,927 | ||||||||||||||
City of Fontana Special Tax Rev., (Community Facilities District No. 22), 5.00%, 9/1/22(4) | 520,000 | 600,434 | ||||||||||||||
City of Fontana Special Tax Rev., (Community Facilities District No. 22), 5.00%, 9/1/24(4) | 575,000 | 663,004 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 12-1), 4.00%, 9/2/17 | 850,000 | 925,200 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 12-1), 4.00%, 9/2/18 | 875,000 | 965,108 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 12-1), 4.00%, 9/2/19 | 1,400,000 | 1,541,694 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 87-8), VRDN, 0.04%, 6/2/14 (LOC: State Street Bank & Trust Co.) | 6,600,000 | 6,600,000 |
Clovis Unified School District GO, Capital Appreciation, Series 2004 A, (Election of 2004), 0.00%, 8/1/24 (NATL-RE)(1) | 5,935,000 | 4,238,362 | ||||||||||||||
East Bay Municipal Utility District Rev., Series 2012 B, 4.00%, 6/1/15 | 1,185,000 | 1,231,630 | ||||||||||||||
East Side Union High School District GO, Series 2012, 5.00%, 8/1/25 | 1,405,000 | 1,649,723 | ||||||||||||||
East Side Union High School District GO, Series 2013, 5.00%, 8/1/29 | 2,450,000 | 2,801,085 | ||||||||||||||
Eastern Municipal Water District Water & Sewer COP, Series 2008 H, 5.00%, 7/1/24 | 1,000,000 | 1,145,870 | ||||||||||||||
Eastern Municipal Water District Water & Sewer Rev., Series 2011 A, 4.00%, 7/1/14 | 600,000 | 602,010 | ||||||||||||||
Eastern Municipal Water District Water & Sewer Rev., Series 2011 A, 5.00%, 7/1/15 | 600,000 | 631,872 | ||||||||||||||
Eastern Municipal Water District Water & Sewer Rev., Series 2011 A, 4.00%, 7/1/16 | 600,000 | 646,848 | ||||||||||||||
Fairfield Redevelopment Agency Tax Allocation Rev., 4.00%, 8/1/16 | 1,525,000 | 1,640,976 | ||||||||||||||
Folsom Cordova Unified School District No. 1 Facilities Improvement GO, 4.00%, 10/1/16 | 690,000 | 747,608 | ||||||||||||||
Folsom Cordova Unified School District No. 2 Facilities Improvement GO, 4.00%, 10/1/14 | 925,000 | 937,155 | ||||||||||||||
Folsom Cordova Unified School District No. 2 Facilities Improvement GO, 4.00%, 10/1/15 | 570,000 | 599,121 | ||||||||||||||
Folsom Cordova Unified School District No. 2 Facilities Improvement GO, 2.00%, 10/1/16 | 725,000 | 753,232 | ||||||||||||||
Folsom Cordova Unified School District No. 2 Facilities Improvement GO, 5.00%, 10/1/17 | 600,000 | 685,986 | ||||||||||||||
Folsom Cordova Unified School District No. 4 Facilities Improvement GO, Series 2014 A, (Election of 2012), 4.00%, 10/1/15 | 605,000 | 635,075 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 A, 6.00%, 1/15/49 | 3,000,000 | 3,436,560 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 B1, VRDN, 5.00%, 1/15/18 | 3,750,000 | 4,133,100 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 B2, VRDN, 5.00%, 1/15/20 | 5,000,000 | 5,612,300 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 B3, VRDN, 5.50%, 1/15/23 | 2,750,000 | 3,185,435 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 C, 6.25%, 1/15/33 | 3,000,000 | 3,495,540 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Capital Appreciation, Series 1995 A, (Senior Lien), 0.00%, 1/1/26(1)(2) | 10,000,000 | 7,362,700 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Capital Appreciation, Series 2014 A, 0.00%, 1/15/24(5) | 1,600,000 | 964,432 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Capital Appreciation, Series 2014 A, 0.00%, 1/15/42(1) | 4,820,000 | 905,244 | ||||||||||||||
Franklin-McKinley School District GO, Series 2005 A, (Election of 2004), 5.00%, 8/1/15, Prerefunded at 100% of Par (FGIC)(2) | 1,150,000 | 1,215,493 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2007 A-1, 5.00%, 6/1/33 | 1,250,000 | 1,039,925 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2007 A1, 4.50%, 6/1/27 | 1,365,000 | 1,246,504 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2013 A, 5.00%, 6/1/21 | 1,000,000 | 1,199,670 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2013 A, 5.00%, 6/1/29 | 2,000,000 | 2,262,120 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2013 A, 5.00%, 6/1/30 | 2,150,000 | 2,417,524 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Capital Appreciation, Series 2005 A, 0.00%, 6/1/25 (AGM)(1) | 2,000,000 | 1,372,860 | ||||||||||||||
Grossmont-Cuyamaca Community College District GO, Series 2013 A, (Election of 2012), 5.00%, 8/1/25 | 680,000 | 810,172 | ||||||||||||||
Grossmont-Cuyamaca Community College District GO, Series 2013 A, (Election of 2012), 5.00%, 8/1/26 | 685,000 | 806,005 | ||||||||||||||
Grossmont-Cuyamaca Community College District GO, Series 2013 A, (Election of 2012), 5.25%, 8/1/27 | 750,000 | 892,928 | ||||||||||||||
Hayward Area Recreation and Park District COP, 5.125%, 1/1/39 | 1,750,000 | 1,928,132 | ||||||||||||||
Huntington Beach Union High School District GO, 5.00%, 8/1/26 | 3,030,000 | 3,624,819 | ||||||||||||||
Inland Valley Development Agency Tax Allocation Rev., Series 2014 A, 5.25%, 9/1/37 | 1,110,000 | 1,236,729 | ||||||||||||||
Inland Valley Development Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/44 | 1,175,000 | 1,257,767 | ||||||||||||||
Irvine Unified School District Special Tax Rev., Series 2012 B, (Community Facilities District No. 09-1), VRDN, 0.08%, 6/2/14 (LOC: Bank of America N.A.) | 1,800,000 | 1,800,000 |
Irvine Unified School District Financing Authority Special Tax Rev., Series 2006 A, (Group II), 4.75%, 9/1/16 | 600,000 | 617,496 | ||||||||||||||
Irvine Unified School District Financing Authority Special Tax Rev., Series 2006 A, (Group II), 5.00%, 9/1/20 | 745,000 | 764,474 | ||||||||||||||
La Quinta Redevelopment Successor Agency Tax Allocation Rev., Series 2013 A, (La Quinta Redevelopment Project Areas 1&2), 5.00%, 9/1/19 | 1,150,000 | 1,341,418 | ||||||||||||||
La Quinta Redevelopment Successor Agency Tax Allocation Rev., Series 2013 A, (La Quinta Redevelopment Project Areas 1&2), 5.00%, 9/1/20 | 1,045,000 | 1,224,207 | ||||||||||||||
Long Beach Bond Finance Authority Natural Gas Purchase Rev., Series 2007 A, 5.00%, 11/15/35 | 1,215,000 | 1,358,905 | ||||||||||||||
Los Alamitos Unified School District COP, Capital Appreciation, (Capital Projects), 0.00%, 8/1/24(5) | 2,100,000 | 1,376,655 | ||||||||||||||
Los Altos Elementary School District GO, 5.00%, 8/1/16, Prerefunded at 100% of Par (Ambac)(2) | 1,045,000 | 1,152,154 | ||||||||||||||
Los Altos Elementary School District GO, 5.00%, 8/1/19 (Ambac) | 1,455,000 | 1,599,831 | ||||||||||||||
Los Angeles Community College District GO, Series 2007 A, (Election of 2001), 5.00%, 8/1/32 (NATL-RE/FGIC) | 2,000,000 | 2,218,260 | ||||||||||||||
Los Angeles County COP, (Disney Concert Hall), 5.00%, 3/1/21 | 1,195,000 | 1,413,386 | ||||||||||||||
Los Angeles County COP, (Disney Concert Hall), 5.00%, 3/1/22 | 1,000,000 | 1,189,310 | ||||||||||||||
Los Angeles County COP, (Disney Concert Hall), 5.00%, 3/1/23 | 1,955,000 | 2,332,862 | ||||||||||||||
Los Angeles County Metropolitan Transportation Authority Sales Tax Rev., Series 2008 B, (Proposition A), 5.00%, 7/1/31 | 1,000,000 | 1,123,840 | ||||||||||||||
Los Angeles County Metropolitan Transportation Authority Sales Tax Rev., Series 2010 A, (General Union Station), 5.00%, 7/1/20 | 3,000,000 | 3,567,240 | ||||||||||||||
Los Angeles County Metropolitan Transportation Authority Sales Tax Rev., Series 2013 A, (Proposition A), 5.00%, 7/1/21 | 2,470,000 | 3,031,456 | ||||||||||||||
Los Angeles County Redevelopment Authority Tax Allocation Rev., Series 2013 D, (Redevelopment Project Areas), 4.00%, 9/1/15 | 2,000,000 | 2,084,940 | ||||||||||||||
Los Angeles County Redevelopment Authority Tax Allocation Rev., Series 2013 D, (Redevelopment Project Areas), 5.00%, 9/1/16 | 2,000,000 | 2,190,660 | ||||||||||||||
Los Angeles County Redevelopment Authority Tax Allocation Rev., Capital Appreciation, Series 2013 E, (Covina Revitalization Redevelopment Project No. 1), 0.00%, 12/1/19 (AGM)(1) | 1,500,000 | 1,275,570 | ||||||||||||||
Los Angeles Department of Airports Rev., Series 2008 C, (Los Angeles International Airport), 5.00%, 5/15/18 | 750,000 | 871,095 | ||||||||||||||
Los Angeles Department of Airports Rev., Series 2010 A, (Los Angeles International Airport), 5.00%, 5/15/40 | 3,000,000 | 3,295,920 | ||||||||||||||
Los Angeles Department of Airports Rev., Series 2010 D, (Los Angeles International Airport), 5.00%, 5/15/24 | 3,040,000 | 3,553,486 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2002 A2, (Power System), VRDN, 0.06%, 6/5/14 (SBBPA: JPMorgan Chase Bank N.A.) | 13,000,000 | 13,000,000 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2008 A2, (Power System), 5.25%, 7/1/32 | 3,535,000 | 4,031,349 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2011 A, (Power System), 5.00%, 7/1/14 | 400,000 | 401,700 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2011 A, (Power System), 4.00%, 7/1/16 | 1,000,000 | 1,079,610 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2011 A, (Power System), 5.00%, 7/1/18 | 780,000 | 912,631 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2012 A, (Power System), 5.00%, 7/1/26 | 1,000,000 | 1,181,200 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2012 C, (Power System), 5.00%, 1/1/16 | 8,750,000 | 9,320,500 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2013 B, 5.00%, 7/1/27 | 6,470,000 | 7,673,291 | ||||||||||||||
Los Angeles Department of Water & Power Rev., Series 2014 B, (Power System), 5.00%, 7/1/25(4) | 700,000 | 852,684 |
Los Angeles Department of Water & Power Rev., Series 2014 B, (Power System), 5.00%, 7/1/26(4) | 1,300,000 | 1,565,668 | ||||||||||||||
Los Angeles Department of Water & Power Waterworks Rev., Series 2008 A1, (Power System), 5.25%, 7/1/38 | 5,000,000 | 5,653,400 | ||||||||||||||
Los Angeles Department of Water & Power Waterworks Rev., Series 2012 C, 5.00%, 7/1/24 | 1,500,000 | 1,815,120 | ||||||||||||||
Los Angeles Harbor Department Rev., Series 2011 B, 5.00%, 8/1/24 | 1,225,000 | 1,446,566 | ||||||||||||||
Los Angeles Municipal Improvement Corp. Rev., Series 2012 C, 5.00%, 3/1/25 | 3,000,000 | 3,439,050 | ||||||||||||||
Los Angeles Unified School District COP, Series 2012 A, (Headquarters Building Project), 5.00%, 10/1/21 | 2,820,000 | 3,388,653 | ||||||||||||||
Los Angeles Unified School District COP, Series 2012 B, (Headquarters Building Project), 5.00%, 10/1/29 | 1,700,000 | 1,937,626 | ||||||||||||||
Los Angeles Unified School District GO, Series 2006 F, (Election of 2004), 5.00%, 7/1/18 (FGIC) | 1,230,000 | 1,352,496 | ||||||||||||||
Los Angeles Unified School District GO, Series 2006 F, (Election of 2004), 5.00%, 7/1/30 (FGIC) | 4,000,000 | 4,318,240 | ||||||||||||||
Los Angeles Unified School District GO, Series 2007 H, (Election of 2004), 5.00%, 7/1/32 (AGM) | 2,000,000 | 2,208,100 | ||||||||||||||
Los Angeles Unified School District GO, Series 2009 I, (Election of 2004), 5.00%, 7/1/29 | 4,000,000 | 4,612,240 | ||||||||||||||
Los Angeles Unified School District GO, Series 2010 KRY, 5.25%, 7/1/26 | 3,000,000 | 3,557,970 | ||||||||||||||
Los Angeles Unified School District GO, Series 2011 A1, 4.00%, 7/1/17 | 1,000,000 | 1,104,290 | ||||||||||||||
Los Angeles Unified School District GO, Series 2011 A1, 5.00%, 7/1/18 | 2,565,000 | 2,991,021 | ||||||||||||||
Los Angeles Unified School District GO, Series 2011 A1, 5.00%, 7/1/24 | 5,140,000 | 6,085,040 | ||||||||||||||
Los Angeles Unified School District GO, Series 2011 A2, 5.00%, 7/1/21 | 3,000,000 | 3,665,070 | ||||||||||||||
Los Angeles Wastewater System Rev., Series 2009 A, 5.75%, 6/1/34 | 2,975,000 | 3,503,538 | ||||||||||||||
M-S-R Public Power Agency Rev., Series 2007 K, (San Juan), 5.00%, 7/1/14 (NATL-RE) | 1,000,000 | 1,004,190 | ||||||||||||||
Metropolitan Water District of Southern California Rev., Series 2011 A2, VRDN, 0.21%, 6/5/14 | 2,000,000 | 2,000,500 | ||||||||||||||
Metropolitan Water District of Southern California Rev., Series 2011 A4, VRDN, 0.21%, 6/5/14 | 2,000,000 | 2,000,500 | ||||||||||||||
Metropolitan Water District of Southern California Rev., Series 2012 B2, VRDN, 0.41%, 6/5/14 | 13,755,000 | 13,776,595 | ||||||||||||||
Mount San Antonio Community College District GO, Capital Appreciation, Series 2005 A, (Election of 2001), 0.00%, 8/1/16 (NATL-RE)(1)(2) | 5,000,000 | 4,968,800 | ||||||||||||||
Mount San Antonio Community College District GO, Series 2013 A, (Election of 2008), 5.00%, 8/1/34 | 2,000,000 | 2,264,500 | ||||||||||||||
Murrieta Public Financing Authority Special Tax Rev., 5.00%, 9/1/17 | 1,000,000 | 1,106,240 | ||||||||||||||
Murrieta Public Financing Authority Special Tax Rev., 5.00%, 9/1/21 | 1,200,000 | 1,359,636 | ||||||||||||||
Murrieta Valley Unified School District Public Financing Authority Special Tax Rev., Series 2006 A, 4.00%, 9/1/14 (AGC) | 1,085,000 | 1,094,711 | ||||||||||||||
Natomas Unified School District GO, 5.00%, 9/1/26 | 1,785,000 | 2,046,877 | ||||||||||||||
Newport Beach Rev., Series 2009 A, (Hoag Memorial Hospital Presbyterian), 5.00%, 12/1/18(2) | 1,505,000 | 1,771,325 | ||||||||||||||
Newport Beach Rev., Series 2011 A, (Hoag Memorial Hospital Presbyterian), 6.00%, 12/1/21, Prerefunded at 100% of Par(2) | 1,000,000 | 1,304,140 | ||||||||||||||
North Lake Tahoe Public Financing Authority Rev., 4.00%, 12/1/19 | 1,000,000 | 1,133,810 | ||||||||||||||
Northern California Power Agency Rev., Series 2010 A, 4.00%, 7/1/14 | 1,500,000 | 1,505,025 | ||||||||||||||
Northern California Power Agency Rev., Series 2010 A, 5.00%, 7/1/16 | 1,000,000 | 1,098,880 | ||||||||||||||
Northern California Power Agency Rev., Series 2010 A, 5.00%, 8/1/19 | 2,000,000 | 2,325,200 | ||||||||||||||
Northern California Power Agency Rev., Series 2010 A, 5.00%, 8/1/20 | 1,515,000 | 1,759,763 | ||||||||||||||
Northern California Power Agency Rev., Series 2010 A, 5.00%, 8/1/21 | 2,050,000 | 2,340,936 | ||||||||||||||
Northern California Power Agency Rev., Series 2010 A, 5.25%, 8/1/22 | 4,250,000 | 4,913,552 | ||||||||||||||
Northern California Power Agency Rev., Series 2012 A, 5.00%, 7/1/26 | 1,750,000 | 2,038,557 | ||||||||||||||
Northern California Power Agency Rev., Series 2012 A, 5.00%, 7/1/27 | 2,000,000 | 2,314,040 | ||||||||||||||
Oakland Sewer Rev., Series 2014 A, 5.00%, 6/15/26 | 1,200,000 | 1,445,328 |
Oakland Unified School District Alameda County GO, (Election of 2000), 5.00%, 8/1/15 (NATL-RE) | 1,000,000 | 1,048,760 | ||||||||||||||
Oakland Unified School District Alameda County GO, Series 2012 A, (Election of 2006), 5.00%, 8/1/22 | 750,000 | 845,340 | ||||||||||||||
Oakland Unified School District Alameda County GO, Series 2012 A, (Election of 2006), 5.50%, 8/1/32 | 2,150,000 | 2,339,135 | ||||||||||||||
Oakland Unified School District Alameda County GO, Series 2013, (Election of 2012), 6.625%, 8/1/38 | 1,410,000 | 1,687,657 | ||||||||||||||
Oakland-Alameda County Coliseum Authority Lease Rev., Series 2012 A, 4.00%, 2/1/15 | 1,350,000 | 1,383,116 | ||||||||||||||
Oakland-Alameda County Coliseum Authority Lease Rev., Series 2012 A, 5.00%, 2/1/18 | 3,145,000 | 3,592,533 | ||||||||||||||
Oakland-Alameda County Coliseum Authority Lease Rev., Series 2012 A, 5.00%, 2/1/25 | 4,065,000 | 4,569,954 | ||||||||||||||
Ontario Public Financing Authority Rev., 5.00%, 7/1/43 | 2,000,000 | 2,207,960 | ||||||||||||||
Orange County Community Facilities District Special Tax Rev., Series 2014 A, (Ladera Ranch), 5.00%, 8/15/28 | 1,960,000 | 2,210,508 | ||||||||||||||
Orange County Improvement Bond Act of 1915 Special Assessment Rev., (Newport Coast Phase IV Assessment District No. 01-1), 4.45%, 9/2/15 | 280,000 | 285,505 | ||||||||||||||
Orange County Improvement Bond Act of 1915 Special Assessment Rev., (Newport Coast Phase IV Assessment District No. 01-1), 4.55%, 9/2/16 | 210,000 | 214,043 | ||||||||||||||
Orange County Sanitation District COP, Series 2007 B, 5.00%, 2/1/26 (AGM) | 2,750,000 | 3,043,260 | ||||||||||||||
Orange County Transportation Authority Rev., (Senior Lien 91 Express Lanes), 5.00%, 8/15/24 | 1,000,000 | 1,190,770 | ||||||||||||||
Orange County Water District Rev., Series 2013 A, 5.00%, 8/15/33 | 4,000,000 | 4,648,080 | ||||||||||||||
Palm Springs Financing Authority Lease Rev., Series 2012 B, (Downtown Revitalization Project), 4.00%, 6/1/16 | 1,335,000 | 1,417,089 | ||||||||||||||
Palm Springs Financing Authority Lease Rev., Series 2012 B, (Downtown Revitalization Project), 5.00%, 6/1/23 | 1,230,000 | 1,431,929 | ||||||||||||||
Palomar Pomerado Health Care District COP, 5.25%, 11/1/21 | 1,000,000 | 1,057,930 | ||||||||||||||
Palomar Pomerado Health Care District COP, 6.00%, 11/1/41 | 1,120,000 | 1,143,822 | ||||||||||||||
Palomar Pomerado Health GO, Capital Appreciation, 0.00%, 8/1/18 (NATL-RE)(1) | 3,615,000 | 3,387,219 | ||||||||||||||
Palomar Pomerado Health GO, Capital Appreciation, Series 2009 A, (Election of 2004), 0.00%, 8/1/19 (AGC)(5) | 1,660,000 | 1,505,670 | ||||||||||||||
Peralta Community College District GO, 5.00%, 8/1/17 | 2,085,000 | 2,356,842 | ||||||||||||||
Peralta Community College District GO, 5.00%, 8/1/22 | 2,145,000 | 2,595,965 | ||||||||||||||
Port of Oakland Rev., Series 2007 C, 5.00%, 11/1/16 (NATL-RE) | 1,270,000 | 1,412,634 | ||||||||||||||
Port of Oakland Rev., Series 2007 C, (Intermediate Lien), 5.00%, 11/1/17 (NATL-RE) | 2,375,000 | 2,725,621 | ||||||||||||||
Porterville Public Financing Authority Sewer Rev., 5.625%, 10/1/36 | 2,500,000 | 2,859,225 | ||||||||||||||
Poway Unified School District GO, Capital Appreciation, (School Facilities Improvement), 0.00%, 8/1/41(1) | 2,780,000 | 774,397 | ||||||||||||||
Poway Unified School District Public Financing Authority Special Tax Rev., 5.00%, 9/15/19 (Ambac) | 1,155,000 | 1,265,857 | ||||||||||||||
Poway Unified School District Public Financing Authority Special Tax Rev., 5.00%, 9/15/20 (Ambac) | 1,210,000 | 1,312,487 | ||||||||||||||
Rancho Mirage Joint Powers Financing Authority Rev., Series 2007 A, (Eisenhower Medical Center), 5.00%, 7/1/15 | 1,505,000 | 1,565,185 | ||||||||||||||
Rancho Mirage Joint Powers Financing Authority Rev., Series 2007 A, (Eisenhower Medical Center), 5.00%, 7/1/21 | 1,000,000 | 1,059,280 | ||||||||||||||
Rancho Santa Fe Community Services District Special Tax Rev., Series 2011 A, (Superior Lien), 5.125%, 9/1/22 | 790,000 | 916,605 | ||||||||||||||
Rancho Santa Fe Community Services District Special Tax Rev., Series 2011 A, (Superior Lien), 5.25%, 9/1/23 | 1,300,000 | 1,504,750 | ||||||||||||||
Rancho Santa Fe Community Services District Special Tax Rev., Series 2011 A, (Superior Lien), 5.375%, 9/1/24 | 1,410,000 | 1,621,274 | ||||||||||||||
Riverside County Asset Leasing Corp. Rev., Series 2013 A, (Public Defender and Probation Building), 5.00%, 11/1/43 | 1,000,000 | 1,083,940 |
Riverside County COP, Series 2007 A, (Public Safety Communication), 5.00%, 11/1/14 (Ambac) | 50,000 | 50,938 | ||||||||||||||
Riverside County COP, Series 2007 A, (Public Safety Communication), 5.00%, 11/1/15 (Ambac) | 3,035,000 | 3,218,617 | ||||||||||||||
Riverside County Redevelopment Agency Tax Allocation Rev., Series 2010 E, (Interstate 215 Corridor), 6.50%, 10/1/40 | 935,000 | 1,038,663 | ||||||||||||||
Riverside County Transportation Commission Rev., Series 2013 A, (Limited Tax), 5.25%, 6/1/39 | 1,335,000 | 1,536,892 | ||||||||||||||
Sacramento City Financing Authority Lease Rev., Series 1993 A, 5.40%, 11/1/20 (Ambac) | 3,000,000 | 3,393,180 | ||||||||||||||
Sacramento City Financing Authority Rev., 5.00%, 12/1/16 (NATL-RE/FGIC) | 2,500,000 | 2,672,950 | ||||||||||||||
Sacramento County Airport System Rev., 5.00%, 7/1/20 | 1,000,000 | 1,174,870 | ||||||||||||||
Sacramento County Airport System Rev., 5.00%, 7/1/23 | 1,000,000 | 1,155,600 | ||||||||||||||
Sacramento County Airport System Rev., 5.00%, 7/1/24 | 1,000,000 | 1,143,960 | ||||||||||||||
Sacramento County Airport System Rev., Series 2009 B, 4.25%, 7/1/16 | 1,000,000 | 1,075,660 | ||||||||||||||
Sacramento County Sanitation Districts Financing Authority Rev., Series 2007 A, 5.25%, 12/1/21 (NATL-RE/FGIC) | 1,000,000 | 1,237,870 | ||||||||||||||
Sacramento County Sanitation Districts Financing Authority Rev., Series 2007 B, VRN, 0.69%, 6/2/14 (NATL-RE/FGIC) | 2,500,000 | 2,135,375 | ||||||||||||||
Sacramento Municipal Utility District Electric Rev., Series 1997 K, 5.70%, 7/1/17 (Ambac) | 3,105,000 | 3,599,751 | ||||||||||||||
Sacramento Municipal Utility District Electric Rev., Series 1997 K, 5.25%, 7/1/24 (Ambac) | 3,000,000 | 3,599,550 | ||||||||||||||
Sacramento Municipal Utility District Electric Rev., Series 2012 Y, 5.00%, 8/15/24 | 1,500,000 | 1,787,595 | ||||||||||||||
Sacramento Municipal Utility District Electric Rev., Series 2012 Y, 5.00%, 8/15/25 | 5,000,000 | 5,901,550 | ||||||||||||||
Sacramento Regional Transit District Rev., (Farebox Revenue), 3.00%, 3/1/15 | 840,000 | 856,447 | ||||||||||||||
Sacramento Regional Transit District Rev., (Farebox Revenue), 4.00%, 3/1/16 | 440,000 | 465,181 | ||||||||||||||
Sacramento Regional Transit District Rev., (Farebox Revenue), 4.00%, 3/1/17 | 1,000,000 | 1,082,640 | ||||||||||||||
Sacramento Regional Transit District Rev., (Farebox Revenue), 5.00%, 3/1/18 | 250,000 | 283,825 | ||||||||||||||
San Bernardino Community College District GO, Series 2008 A, (Election of 2002), 5.25%, 8/1/18 | 350,000 | 409,780 | ||||||||||||||
San Bernardino Community College District GO, Series 2008 A, (Election of 2002), 5.50%, 8/1/18, Prerefunded at 100% of Par(2) | 300,000 | 356,790 | ||||||||||||||
San Bernardino Community College District GO, Series 2008 A, (Election of 2002), 6.25%, 8/1/18, Prerefunded at 100% of Par(2) | 8,000,000 | 9,759,600 | ||||||||||||||
San Bernardino Community College District GO, Capital Appreciation, Series 2009 B, (Election of 2008), 0.00%, 8/1/19(5) | 9,840,000 | 8,946,725 | ||||||||||||||
San Buenaventura Rev., (Community Memorial Health System), 8.00%, 12/1/26 | 2,000,000 | 2,461,620 | ||||||||||||||
San Buenaventura Rev., (Community Memorial Health System), 7.50%, 12/1/41 | 1,200,000 | 1,391,064 | ||||||||||||||
San Diego Community College District GO, (Election of 2002), 5.00%, 8/1/30 | 3,000,000 | 3,521,100 | ||||||||||||||
San Diego Convention Center Expansion Financing Authority Rev., Series 2012 A, 4.00%, 4/15/17 | 1,250,000 | 1,363,575 | ||||||||||||||
San Diego Convention Center Expansion Financing Authority Rev., Series 2012 A, 4.00%, 4/15/18 | 1,160,000 | 1,278,714 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2010 A, 5.00%, 7/1/19 | 1,290,000 | 1,509,945 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2010 A, 5.00%, 7/1/21 | 2,000,000 | 2,333,500 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2010 A, 5.00%, 7/1/34 | 750,000 | 804,998 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2010 A, 5.00%, 7/1/40 | 740,000 | 795,522 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2013 A, 4.00%, 7/1/18 | 300,000 | 336,519 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2013 A, 4.00%, 7/1/19 | 400,000 | 453,512 | ||||||||||||||
San Diego County Regional Transportation Commission Rev., Series 2012 A, 5.00%, 4/1/21 | 5,940,000 | 7,264,501 | ||||||||||||||
San Diego County Water Authority Rev., Series 2011 S1, (Subordinate Lien), 5.00%, 7/1/16 | 2,780,000 | 3,046,296 | ||||||||||||||
San Diego Public Facilities Financing Authority Rev., Series 2009 A, 5.00%, 8/1/21 | 1,000,000 | 1,161,870 | ||||||||||||||
San Diego Public Facilities Financing Authority Rev., Series 2009 B, 5.00%, 5/15/22 | 3,680,000 | 4,339,677 |
San Diego Public Facilities Financing Authority Tax Allocation Rev., Series 2007 B, (Southcrest and Central Imperial Redevelopment), 5.125%, 10/1/22 (Radian) | 1,230,000 | 1,288,610 | ||||||||||||||
San Diego Public Facilities Financing Authority Water Rev., Series 2012 A, 5.00%, 8/1/21 | 2,000,000 | 2,440,040 | ||||||||||||||
San Diego Public Facilities Financing Authority Water Rev., Series 2012 A, 5.00%, 8/1/24 | 2,000,000 | 2,410,780 | ||||||||||||||
San Diego Public Facilities Financing Sewer Authority Rev., Series 2010 A, 5.25%, 5/15/24 | 3,400,000 | 4,023,934 | ||||||||||||||
San Diego Unified Port District Rev., Series 2013 A, 5.00%, 9/1/23 | 250,000 | 299,238 | ||||||||||||||
San Diego Unified Port District Rev., Series 2013 A, 5.00%, 9/1/26 | 750,000 | 861,330 | ||||||||||||||
San Diego Unified School District GO, Capital Appreciation, Series 2010 C, (Election of 2008), 0.00%, 7/1/36(1) | 7,895,000 | 2,866,674 | ||||||||||||||
San Francisco Bay Area Rapid Transit District Rev., Series 2012 A, 5.00%, 7/1/24 | 500,000 | 601,340 | ||||||||||||||
San Francisco Bay Area Rapid Transit District Rev., Series 2012 A, 5.00%, 7/1/25 | 500,000 | 596,450 | ||||||||||||||
San Francisco Bay Area Rapid Transit District Rev., Series 2012 A, 5.00%, 7/1/26 | 1,000,000 | 1,183,610 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2008-34D, (San Francisco International Airport), 5.00%, 5/1/17 (AGC) | 3,375,000 | 3,816,922 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2008-34D, (San Francisco International Airport), 5.00%, 5/1/18 (AGC) | 2,000,000 | 2,322,260 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2009 D, (San Francisco International Airport), 4.00%, 5/1/24 | 1,625,000 | 1,825,005 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2009 E, (San Francisco International Airport), 5.25%, 5/1/23 | 3,500,000 | 4,096,120 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2010 C, (San Francisco International Airport), (Governmental Purpose), 5.00%, 5/1/19 | 1,500,000 | 1,772,445 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2011 D, 5.00%, 5/1/29 | 6,270,000 | 7,025,284 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2011 D, (San Francisco International Airport), 5.00%, 5/1/24 | 4,025,000 | 4,688,119 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2012 B, (San Francisco International Airport), 5.00%, 5/1/26 | 1,250,000 | 1,444,913 | ||||||||||||||
San Francisco City and County COP, Series 2009 A, (Multiple Capital Improvement Projects), 5.00%, 4/1/17 | 2,440,000 | 2,742,560 | ||||||||||||||
San Francisco City and County COP, Series 2009 A, (Multiple Capital Improvement Projects), 5.00%, 4/1/29 | 1,170,000 | 1,342,400 | ||||||||||||||
San Francisco City and County COP, Series 2010 A, 5.00%, 10/1/19 | 2,930,000 | 3,480,342 | ||||||||||||||
San Francisco City and County Public Utilities Water Commission Rev., Series 2010 A, 5.00%, 10/1/21 | 5,000,000 | 6,117,950 | ||||||||||||||
San Francisco City and County Public Utilities Water Commission Rev., Series 2010 A, 5.00%, 11/1/28 | 2,780,000 | 3,250,960 | ||||||||||||||
San Francisco City and County Redevelopment Agency Special Tax Rev., Series 2005 A, VRDN, 0.07%, 6/5/14 (LOC: JPMorgan Chase Bank N.A.) | 1,100,000 | 1,100,000 | ||||||||||||||
San Francisco City and County Redevelopment Financing Authority Tax Allocation Rev., Series 2011 D, (Mission Bay South Redevelopment), 5.00%, 8/1/15 | 420,000 | 438,606 | ||||||||||||||
San Francisco City and County Redevelopment Financing Authority Tax Allocation Rev., Series 2011 D, (Mission Bay South Redevelopment), 5.00%, 8/1/16 | 440,000 | 473,101 | ||||||||||||||
San Francisco City and County Redevelopment Financing Authority Tax Allocation Rev., Series 2011 D, (Mission Bay South Redevelopment), 5.00%, 8/1/17 | 465,000 | 510,751 | ||||||||||||||
San Francisco City and County Redevelopment Financing Authority Tax Allocation Rev., Series 2011 D, (Mission Bay South Redevelopment), 5.50%, 8/1/18 | 485,000 | 548,996 | ||||||||||||||
San Francisco City and County Redevelopment Financing Authority Tax Allocation Rev., Series 2011 D, (Mission Bay South Redevelopment), 6.00%, 8/1/19 | 510,000 | 597,873 | ||||||||||||||
San Francisco City and County Redevelopment Financing Authority Tax Allocation Rev., Series 2011 D, (Mission Bay South Redevelopment), 6.00%, 8/1/20 | 515,000 | 606,742 | ||||||||||||||
San Francisco City and County Successor Agency Tax Allocation Rev., Series 2014 A, (Mission Bay South Redevelopment Project), 5.00%, 8/1/21 | 460,000 | 534,115 | ||||||||||||||
San Francisco City and County Successor Agency Tax Allocation Rev., Series 2014 A, (Mission Bay South Redevelopment Project), 5.00%, 8/1/26 | 425,000 | 476,366 |
San Francisco City and County Successor Agency Tax Allocation Rev., Series 2014 A, (Mission Bay South Redevelopment Project), 5.00%, 8/1/27 | 550,000 | 611,595 | ||||||||||||||
San Francisco City and County Successor Agency Tax Allocation Rev., Series 2014 A, (Mission Bay South Redevelopment Project), 5.00%, 8/1/28 | 370,000 | 409,942 | ||||||||||||||
San Francisco City and County Successor Agency Tax Allocation Rev., Series 2014 A, (Mission Bay South Redevelopment), 5.00%, 8/1/43 | 1,000,000 | 1,062,620 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., (Senior Lien), 5.00%, 1/1/33 | 2,000,000 | 1,970,400 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/1/17(1)(2) | 1,000,000 | 985,130 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/1/25(1)(2) | 3,290,000 | 2,529,122 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/1/26(1)(2) | 1,400,000 | 1,030,778 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, (Senior Lien), 0.00%, 1/1/16(1)(2) | 25,000,000 | 24,930,750 | ||||||||||||||
San Mateo County Transportation District Sales Tax Rev., Series 1993 A, 5.25%, 6/1/18 (NATL-RE) | 2,680,000 | 3,127,908 | ||||||||||||||
San Mateo Joint Powers Financing Authority Rev., (Maple Street Correctional Center), 5.00%, 6/15/17 | 860,000 | 976,805 | ||||||||||||||
San Mateo Joint Powers Financing Authority Rev., (Maple Street Correctional Center), 5.00%, 6/15/18 | 1,000,000 | 1,165,640 | ||||||||||||||
San Mateo Special Tax Rev., (Community Facilities District No. 2008-1-Bay Meadows), 5.875%, 9/1/32 | 690,000 | 782,888 | ||||||||||||||
San Mateo Union High School District GO, Capital Appreciation, 0.00%, 2/15/15(1)(2) | 7,090,000 | 7,080,570 | ||||||||||||||
San Ramon Valley Unified School District GO, (Election of 2002), 5.00%, 8/1/16, Prerefunded at 100% of Par (NATL-RE)(2) | 1,000,000 | 1,100,710 | ||||||||||||||
Santa Clara County Financing Authority Lease Rev., Series 2012 A, (Capital Projects), 4.00%, 2/1/17 | 2,055,000 | 2,241,327 | ||||||||||||||
Santa Clara Electric Rev., Series 2011 A, 5.00%, 7/1/30 | 1,000,000 | 1,108,940 | ||||||||||||||
Santa Clara Valley Transportation Authority Sales Tax Rev., Series 2010 B, 5.00%, 4/1/20 | 4,000,000 | 4,811,080 | ||||||||||||||
Santa Fe Springs Community Development Commission Tax Allocation Rev., 5.375%, 9/1/16 (NATL-RE) | 430,000 | 431,746 | ||||||||||||||
Santa Maria Joint Union High School District GO, 5.00%, 8/1/25 | 1,585,000 | 1,865,577 | ||||||||||||||
Santa Monica Redevelopment Agency Tax Allocation, (Earthquake Recovery Redevelopment), 5.00%, 7/1/42 | 600,000 | 646,854 | ||||||||||||||
Santa Monica Redevelopment Agency Tax Allocation, (Earthquake Recovery Redevelopment), 5.875%, 7/1/42 | 600,000 | 686,496 | ||||||||||||||
Santa Rosa Wastewater Rev., Capital Appreciation, Series 2002 B, 0.00%, 9/1/24 (Ambac)(1) | 7,000,000 | 4,901,190 | ||||||||||||||
Shasta Lake Public Finance Authority Rev., 4.50%, 4/1/15 | 495,000 | 512,518 | ||||||||||||||
Shasta Lake Public Finance Authority Rev., 5.00%, 4/1/19 | 2,400,000 | 2,467,152 | ||||||||||||||
Shasta Lake Public Finance Authority Rev., 5.00%, 4/1/22 | 2,130,000 | 2,205,700 | ||||||||||||||
South Orange County Public Financing Authority Rev., (Juvenile Justice Center), 4.25%, 6/1/17 | 2,000,000 | 2,207,660 | ||||||||||||||
South Orange County Public Financing Authority Rev., (Juvenile Justice Center), 4.50%, 6/1/18 | 2,700,000 | 3,060,774 | ||||||||||||||
South Placer Wastewater Authority Rev., Series 2011 D, VRN, 0.89%, 6/5/14 | 4,140,000 | 4,145,009 | ||||||||||||||
South Tahoe Joint Powers Financing Authority Rev., Series 2005 A, (Redevelopment Project Area No. 1), 5.00%, 10/1/19 (Ambac) | 50,000 | 51,755 | ||||||||||||||
Southern California Public Power Authority Rev., Series 2008 A, (Southern Transmission), 5.00%, 7/1/22 | 2,875,000 | 3,345,465 | ||||||||||||||
Southern California Public Power Authority Rev., Series 2008 B, (Southern Transmission), 6.00%, 7/1/27 | 2,000,000 | 2,390,420 | ||||||||||||||
Southern California Public Power Authority Rev., Series 2011 A, (Southern Transmission), 5.00%, 7/1/21 | 2,780,000 | 3,365,301 | ||||||||||||||
Southern California Public Power Authority Rev., Series 2012 A, 4.00%, 7/1/16 | 2,055,000 | 2,214,571 | ||||||||||||||
Southern California Public Power Authority Rev., Series 2012 A, 5.00%, 7/1/18 | 1,880,000 | 2,192,249 |
Southern California Public Power Authority Rev., Series 2013 A, (Southern Transmission), 5.00%, 7/1/18 | 2,000,000 | 2,332,180 | ||||||||||||||
Southern California Public Power Authority Rev., Series 2013 A, (Southern Transmission), 5.00%, 7/1/20 | 4,000,000 | 4,828,240 | ||||||||||||||
Stockton Public Financing Authority Rev., Series 2010 A, (Delta Water Supply Project), 6.25%, 10/1/38 | 1,500,000 | 1,708,260 | ||||||||||||||
Stockton Unified School District GO, Series 2014 A, (Election of 2012), 4.00%, 8/1/15 (AGM) | 700,000 | 730,240 | ||||||||||||||
Stockton Unified School District GO, Series 2014 A, (Election of 2012), 5.00%, 8/1/27 (AGM) | 530,000 | 602,859 | ||||||||||||||
Stockton Unified School District GO, Series 2014 A, (Election of 2012), 5.00%, 8/1/28 (AGM) | 255,000 | 289,700 | ||||||||||||||
Stockton Unified School District GO, Series 2014 A, (Election of 2012), 5.00%, 8/1/42 (AGM) | 865,000 | 926,553 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/19 (BAM) | 400,000 | 464,832 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/20 (BAM) | 260,000 | 304,587 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/21 (BAM) | 170,000 | 200,556 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/22 (BAM) | 250,000 | 297,670 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/23 (BAM) | 220,000 | 261,272 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/24 (BAM) | 250,000 | 294,438 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 4.50%, 9/1/25 (BAM) | 90,000 | 100,445 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/25 (BAM) | 80,000 | 92,763 | ||||||||||||||
Tobacco Securitization Authority of Southern California Settlement Rev., Series 2006 A1, 5.00%, 6/1/37 | 1,750,000 | 1,446,113 | ||||||||||||||
Tri-Dam Power Authority Rev., 4.00%, 11/1/14 | 1,260,000 | 1,273,532 | ||||||||||||||
Tri-Dam Power Authority Rev., 4.00%, 11/1/15 | 1,310,000 | 1,353,898 | ||||||||||||||
Tuolumne Wind Project Authority Rev., Series 2009 A, 5.625%, 1/1/29 | 1,000,000 | 1,179,950 | ||||||||||||||
Turlock Health Facility COP, (Emanuel Medical Center, Inc.), 5.50%, 10/15/15 | 690,000 | 699,660 | ||||||||||||||
Turlock Health Facility COP, (Emanuel Medical Center, Inc.), 5.50%, 10/15/16 | 940,000 | 952,474 | ||||||||||||||
Twin Rivers Unified School District COP, (School Facilities Bridge Funding Program), VRDN, 3.45%, 7/1/18 (AGM) | 3,000,000 | 3,004,590 | ||||||||||||||
Twin Rivers Unified School District COP, (School Facilities Bridge Funding Program), VRDN, 3.20%, 6/1/20 (AGM) | 3,750,000 | 3,752,850 | ||||||||||||||
Twin Rivers Unified School District COP, (School Facilities Bridge Funding Program), VRDN, 3.20%, 6/1/20 (AGM) | 2,500,000 | 2,501,900 | ||||||||||||||
University of California Regents Medical Center Pooled Rev., Series 2008 D, 5.00%, 5/15/27 | 1,000,000 | 1,092,170 | ||||||||||||||
University of California Rev., Series 2009 Q, 5.25%, 5/15/23 | 2,000,000 | 2,279,260 | ||||||||||||||
University of California Rev., Series 2010 S, 5.00%, 5/15/20 | 1,405,000 | 1,645,002 | ||||||||||||||
University of California Rev., Series 2010 S, 5.00%, 5/15/40 | 1,250,000 | 1,393,588 | ||||||||||||||
University of California Rev., Series 2012 G, (Limited Project), 5.00%, 5/15/26 | 1,000,000 | 1,179,540 | ||||||||||||||
University of California Rev., Series 2012 G, (Limited Project), 5.00%, 5/15/42 | 1,640,000 | 1,806,575 | ||||||||||||||
University of California Rev., Series 2013 AF, 5.00%, 5/15/25 | 7,250,000 | 8,771,340 | ||||||||||||||
University of California Rev., Series 2013 AK, VRDN, 5.00%, 5/15/23 | 7,935,000 | 9,733,071 | ||||||||||||||
Val Verde Unified School District COP, 5.25%, 1/1/15, Prerefunded at 100% of Par (FGIC)(2) | 1,145,000 | 1,178,881 | ||||||||||||||
Val Verde Unified School District COP, 5.25%, 1/1/15, Prerefunded at 100% of Par (FGIC)(2) | 2,505,000 | 2,579,123 | ||||||||||||||
Val Verde Unified School District COP, 5.25%, 1/1/15, Prerefunded at 100% of Par (FGIC)(2) | 2,640,000 | 2,718,118 | ||||||||||||||
Val Verde Unified School District COP, 5.25%, 1/1/15, Prerefunded at 100% of Par (FGIC)(2) | 1,415,000 | 1,456,870 | ||||||||||||||
Val Verde Unified School District COP, 5.25%, 1/1/15, Prerefunded at 100% of Par (FGIC)(2) | 1,000,000 | 1,029,590 |
Val Verde Unified School District COP, 5.25%, 1/1/15, Prerefunded at 100% of Par (FGIC)(2) | 2,980,000 | 3,068,178 | ||||||||||||||
West Sacramento Financing Authority Special Tax Rev., Series 2006 A, 5.00%, 9/1/18 (XLCA) | 1,500,000 | 1,677,420 | ||||||||||||||
West Sacramento Financing Authority Special Tax Rev., Series 2006 A, 5.00%, 9/1/19 (XLCA) | 1,000,000 | 1,129,890 | ||||||||||||||
West Sacramento Financing Authority Special Tax Rev., Series 2006 A, 5.00%, 9/1/20 (XLCA) | 1,200,000 | 1,360,320 | ||||||||||||||
Yosemite Community College District GO, Capital Appreciation, Series 2010 D, (Election of 2004), 0.00%, 8/1/38(1) | 6,000,000 | 1,947,540 | ||||||||||||||
1,274,587,858 | ||||||||||||||||
GUAM — 0.2% | ||||||||||||||||
Guam Government GO, Series 2009 A, 6.00%, 11/15/19 | 1,000,000 | 1,093,080 | ||||||||||||||
Guam Power Authority Rev., Series 2012 A, 5.00%, 10/1/19 (AGM) | 1,000,000 | 1,158,760 | ||||||||||||||
2,251,840 | ||||||||||||||||
PUERTO RICO — 1.7% | ||||||||||||||||
Puerto Rico Aqueduct & Sewer Authority Rev., Series 2012 A, (Senior Lien), 5.00%, 7/1/17 | 2,860,000 | 2,516,800 | ||||||||||||||
Puerto Rico Aqueduct & Sewer Authority Rev., Series 2012 A, (Senior Lien), 5.00%, 7/1/19 | 1,000,000 | 835,900 | ||||||||||||||
Puerto Rico Electric Power Authority Rev., Series 2010 XX, 5.25%, 7/1/40 | 310,000 | 190,920 | ||||||||||||||
Puerto Rico Electric Power Authority Rev., Series 2010 ZZ, 5.25%, 7/1/22 | 4,950,000 | 3,333,924 | ||||||||||||||
Puerto Rico GO, Series 2001 A, (Public Improvement), 5.50%, 7/1/17 (XLCA) | 4,000,000 | 3,785,000 | ||||||||||||||
Puerto Rico GO, Series 2009 B, (Public Improvement), 6.00%, 7/1/39 | 3,500,000 | 2,647,085 | ||||||||||||||
Puerto Rico GO, Series 2011 A, (Public Improvement), 5.75%, 7/1/41 | 3,000,000 | 2,197,470 | ||||||||||||||
Puerto Rico GO, Series 2012 A, (Public Improvement), 5.00%, 7/1/41 | 1,000,000 | 689,500 | ||||||||||||||
Puerto Rico GO, Series 2014 A, 8.00%, 7/1/35 | 5,310,000 | 4,748,096 | ||||||||||||||
Puerto Rico Government Development Bank Rev., Series 2006 B, (Senior Notes), 5.00%, 12/1/14 | 1,510,000 | 1,504,171 | ||||||||||||||
Puerto Rico Sales Tax Financing Corp. Rev., Capital Appreciation, Series 2011 A1, 0.00%, 8/1/41(1) | 2,280,000 | 261,584 | ||||||||||||||
22,710,450 | ||||||||||||||||
U.S. VIRGIN ISLANDS — 0.2% | ||||||||||||||||
Virgin Islands Public Finance Authority Rev., Series 2004 A, (Virgin Islands Matching Fund Loan Note and Senior Lien), 5.00%, 10/1/14 | 500,000 | 506,410 | ||||||||||||||
Virgin Islands Public Finance Authority Rev., Series 2004 A, (Virgin Islands Matching Fund Loan Note and Senior Lien), 5.25%, 10/1/14, Prerefunded at 100% of Par(2) | 170,000 | 172,892 | ||||||||||||||
Virgin Islands Public Finance Authority Rev., Series 2004 A, (Virgin Islands Matching Fund Loan Note and Senior Lien), 5.25%, 10/1/14, Prerefunded at 100% of Par(2) | 500,000 | 508,505 | ||||||||||||||
Virgin Islands Public Finance Authority Rev., Series 2004 A, (Virgin Islands Matching Fund Loan Note and Senior Lien), 5.25%, 10/1/14, Prerefunded at 100% of Par(2) | 1,000,000 | 1,017,010 | ||||||||||||||
2,204,817 | ||||||||||||||||
TOTAL INVESTMENT SECURITIES — 99.6% (Cost $1,226,337,193) | 1,301,754,965 | |||||||||||||||
OTHER ASSETS AND LIABILITIES — 0.4% | 5,733,473 | |||||||||||||||
TOTAL NET ASSETS — 100.0% | $ | 1,307,488,438 |
FUTURES CONTRACTS | ||||||||||||||
Contracts Sold | Expiration Date | Underlying Face Amount at Value ($) | Unrealized Appreciation (Depreciation) ($) | |||||||||||
573 | U.S. Treasury Long Bonds | September 2014 | 78,769,594 | 441,891 | ||||||||||
Notes to Schedule of Investments | ||||||||||||||
AGC | - | Assured Guaranty Corporation | ||||||||||||
AGM | - | Assured Guaranty Municipal Corporation | ||||||||||||
BAM | - | Build America Mutual Assurance Company | ||||||||||||
COP | - | Certificates of Participation | ||||||||||||
FGIC | - | Financial Guaranty Insurance Company | ||||||||||||
GA | - | Guaranty Agreement | ||||||||||||
GO | - | General Obligation | ||||||||||||
LOC | - | Letter of Credit | ||||||||||||
NATL-RE | - | National Public Finance Guarantee Corporation - Reinsured | ||||||||||||
SBBPA | - | Standby Bond Purchase Agreement | ||||||||||||
VRDN | - | Variable Rate Demand Note. Interest reset date is indicated. Rate shown is effective at the period end. | ||||||||||||
VRN | - | Variable Rate Note. Interest reset date is indicated. Rate shown is effective at the period end. | ||||||||||||
XLCA | - | XL Capital Ltd. | ||||||||||||
(1) | Security is a zero-coupon bond. Zero-coupon securities are issued at a substantial discount from their value at maturity. | |||||||||||||
(2) | Escrowed to maturity in U.S. government securities or state and local government securities. | |||||||||||||
(3) | Security, or a portion thereof, has been pledged at the custodian bank or with a broker for margin requirements on futures contracts. At the period end, the aggregate value of securities pledged was $1,622,579. | |||||||||||||
(4) | When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date. | |||||||||||||
(5) | Coupon rate adjusts periodically based upon a predetermined schedule. Interest reset date is indicated. Rate shown is effective at the period end. |
Federal tax cost of investments | $ | 1,226,337,193 | |
Gross tax appreciation of investments | $ | 79,444,681 | |
Gross tax depreciation of investments | (4,026,909) | ||
Net tax appreciation (depreciation) of investments | $ | 75,417,772 |
California Long-Term Tax-Free - Schedule of Investments | |
MAY 31, 2014 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||||||||||
MUNICIPAL SECURITIES — 99.1% | ||||||||||||||||
CALIFORNIA — 96.4% | ||||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., (Sharp HealthCare), 6.25%, 8/1/39 | 1,200,000 | 1,394,460 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., Series 2011 A, (Sharp HealthCare), 6.00%, 8/1/30 | 1,000,000 | 1,219,430 | ||||||||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., Series 2014 A, (Sharp HealthCare), 5.00%, 8/1/43 | 500,000 | 547,280 | ||||||||||||||
Adelanto Public Utility Authority Rev., Series 2009 A, (Utility System), 6.25%, 7/1/26 | 500,000 | 567,530 | ||||||||||||||
Alameda Corridor Transportation Authority Rev., Capital Appreciation, Series 1999 A, 0.00%, 10/1/32 (NATL-RE)(1) | 1,000,000 | 435,910 | ||||||||||||||
Alameda Corridor Transportation Authority Rev., Capital Appreciation, Series 1999 A, 0.00%, 10/1/35 (NATL-RE)(1) | 3,750,000 | 1,385,962 | ||||||||||||||
Alum Rock Union Elementary School District GO, Series 2013 A, (Election of 2012), 6.00%, 8/1/39 | 1,000,000 | 1,233,020 | ||||||||||||||
Anaheim Public Financing Authority Rev., (Electric System Distribution), 5.25%, 10/1/39 | 2,500,000 | 2,825,500 | ||||||||||||||
Anaheim Public Financing Authority Rev., Series 2011 A, (Electric System Distribution Facilities), 5.375%, 10/1/36 | 300,000 | 351,738 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2001 A, (San Francisco Bay Area), VRDN, 1.31%, 6/5/14 | 1,000,000 | 1,011,570 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2006 F, (San Francisco Bay Area), 5.00%, 4/1/16, Prerefunded at 100% of Par(2) | 3,000,000 | 3,262,020 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2007 A1, (San Francisco Bay Area), VRDN, 0.76%, 6/5/14 | 725,000 | 724,725 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2008 F1, (San Francisco Bay Area), 5.00%, 4/1/34 | 1,500,000 | 1,672,845 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2008 F1, (San Francisco Bay Area), 5.00%, 4/1/39 | 2,135,000 | 2,360,242 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2008 G1, (San Francisco Bay Area), VRDN, 1.16%, 6/5/14 | 1,250,000 | 1,258,087 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2009 F1, (San Francisco Bay Area), 5.25%, 4/1/27 | 1,500,000 | 1,769,250 | ||||||||||||||
Bay Area Toll Authority Toll Bridge Rev., Series 2013 S4, (San Francisco Bay Area), 5.00%, 4/1/43 | 2,500,000 | 2,741,950 | ||||||||||||||
Brea Redevelopment Agency Tax Allocation Rev., 4.00%, 8/1/16 | 1,245,000 | 1,341,052 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2005 G4, 5.00%, 5/1/16 | 1,450,000 | 1,581,950 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2008 H, 5.00%, 5/1/21 | 2,500,000 | 2,908,000 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 5.00%, 5/1/15 | 2,000,000 | 2,089,700 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 5.00%, 5/1/18 | 2,000,000 | 2,318,600 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 L, 5.00%, 5/1/22 | 1,275,000 | 1,519,609 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2010 M, 5.00%, 5/1/15 | 1,525,000 | 1,593,396 | ||||||||||||||
California Department of Water Resources Power Supply Rev., Series 2011 N, 5.00%, 5/1/21 | 3,250,000 | 4,006,502 | ||||||||||||||
California Economic Recovery GO, Series 2009 A, 5.00%, 7/1/16 | 1,700,000 | 1,867,348 | ||||||||||||||
California Educational Facilities Authority Rev., (Harvey Mudd College), 5.25%, 12/1/41 | 2,000,000 | 2,203,540 | ||||||||||||||
California Educational Facilities Authority Rev., (Santa Clara University), 5.625%, 4/1/37 | 5,000,000 | 5,659,550 | ||||||||||||||
California Educational Facilities Authority Rev., (University of the Pacific), 5.25%, 11/1/14, Prerefunded at 100% of Par(2) | 420,000 | 428,980 |
California Educational Facilities Authority Rev., Series 2009 A, (University of Southern California), 5.00%, 10/1/39 | 2,000,000 | 2,230,080 | ||||||||||||||
California Educational Facilities Authority Rev., Series 2010 B, (Loyola Marymount University), VRN, 0.86%, 6/5/14 | 2,455,000 | 2,457,823 | ||||||||||||||
California GO, 4.00%, 10/1/14 | 1,750,000 | 1,773,047 | ||||||||||||||
California GO, 5.00%, 9/1/15 | 4,560,000 | 4,834,603 | ||||||||||||||
California GO, 5.00%, 9/1/19 | 1,530,000 | 1,817,150 | ||||||||||||||
California GO, 5.00%, 2/1/27 | 3,000,000 | 3,505,200 | ||||||||||||||
California GO, 5.00%, 2/1/28 | 1,000,000 | 1,159,500 | ||||||||||||||
California GO, 5.25%, 9/1/32 | 2,000,000 | 2,284,960 | ||||||||||||||
California GO, 5.00%, 11/1/32 | 1,500,000 | 1,655,580 | ||||||||||||||
California GO, 6.50%, 4/1/33 | 5,000,000 | 6,129,100 | ||||||||||||||
California GO, 5.00%, 4/1/38 | 2,500,000 | 2,695,325 | ||||||||||||||
California GO, 6.00%, 4/1/38 | 2,500,000 | 2,954,275 | ||||||||||||||
California GO, 6.00%, 11/1/39 | 5,000,000 | 6,012,300 | ||||||||||||||
California GO, 5.50%, 3/1/40 | 3,000,000 | 3,464,550 | ||||||||||||||
California GO, 5.00%, 10/1/41(3) | 2,000,000 | 2,177,000 | ||||||||||||||
California GO, Series 2004 A5, (Kindergarten), VRDN, 0.06%, 6/2/14 (LOC: Citibank N.A.) | 2,800,000 | 2,800,000 | ||||||||||||||
California GO, Series 2005 B-7,VRDN, 0.05%, 6/2/14 (LOC: JPMorgan Chase Bank N.A.) | 2,800,000 | 2,800,000 | ||||||||||||||
California GO, Series 2012 B, VRN, 0.96%, 6/5/14 | 2,000,000 | 2,028,440 | ||||||||||||||
California GO, Series 2012 B, VRN, 1.06%, 6/5/14 | 800,000 | 812,592 | ||||||||||||||
California GO, Series 2012 B, VRN, 1.21%, 6/5/14 | 960,000 | 978,749 | ||||||||||||||
California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 8/15/19 | 740,000 | 875,302 | ||||||||||||||
California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center), 5.00%, 8/15/21 | 1,000,000 | 1,203,170 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2007 A, (Sutter Health), 5.25%, 11/15/46 | 1,500,000 | 1,560,600 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 A, (Lucile Salter Packard Children's Hospital), VRDN, 1.45%, 3/15/17 | 150,000 | 152,988 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2008 C, (Providence Health & Services), 6.50%, 10/1/33 | 1,000,000 | 1,185,640 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2009 A, (Catholic Healthcare West), 6.00%, 7/1/39 | 3,400,000 | 3,805,382 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2009 A, (Children's Hospital of Orange County), 6.50%, 11/1/38 | 4,500,000 | 5,276,115 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2009 A, (St. Joseph Health System), 5.75%, 7/1/39 | 1,000,000 | 1,158,470 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2009 B, (Providence Health & Services), 5.50%, 10/1/39 | 1,000,000 | 1,155,040 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2010 A, (Scripps Memorial Hospital), 5.00%, 11/15/19 | 1,000,000 | 1,180,480 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 B, (Sutter Health), 5.50%, 8/15/20 | 1,000,000 | 1,237,790 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 B, (Sutter Health), 6.00%, 8/15/42 | 1,500,000 | 1,807,950 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2011 D, (Sutter Health), 5.25%, 8/15/31 | 1,000,000 | 1,136,850 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2012 A, (Stanford Hospital & Clinics), 5.00%, 8/15/51 | 500,000 | 542,490 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2013 A, (St. Joseph Health System), 5.00%, 7/1/37 | 180,000 | 200,039 |
California Health Facilities Financing Authority Rev., Series 2013 A, (Sutter Health), 5.00%, 8/15/52 | 2,000,000 | 2,159,880 | ||||||||||||||
California Health Facilities Financing Authority Rev., Series 2014 A, (Lucile Salter Packard Children's Hospital), 5.00%, 8/15/43 | 1,000,000 | 1,098,480 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2012 A1, (J. Paul Getty Trust), 4.00%, 10/1/15 | 325,000 | 341,874 | ||||||||||||||
California Infrastructure & Economic Development Bank Rev., Series 2013 A, (Los Angeles County Museum of Art Project), VRDN, 1.85%, 6/5/14 | 1,000,000 | 999,400 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2010 A, (University of La Verne), 6.25%, 6/1/40 | 1,000,000 | 1,116,480 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2011 B, (Azusa Pacific University), 8.00%, 4/1/41 | 665,000 | 785,558 | ||||||||||||||
California Municipal Finance Authority Rev., Series 2011, (Emerson College), 6.00%, 1/1/42 | 2,000,000 | 2,309,640 | ||||||||||||||
California Pollution Control Financing Authority Rev., 5.00%, 11/21/45 | 1,000,000 | 1,012,490 | ||||||||||||||
California Pollution Control Financing Authority Rev., Series 1996 C, (Pacific Gas & Electric Company), VRDN, 0.05%, 6/2/14 (LOC: JPMorgan Chase Bank N.A.) | 2,000,000 | 2,000,000 | ||||||||||||||
California Pollution Control Financing Authority Rev., Series 1996 E, (Pacific Gas & Electric Company), VRDN, 0.04%, 6/2/14 (LOC: JPMorgan Chase Bank N.A.) | 6,500,000 | 6,500,000 | ||||||||||||||
California Public Works Board Lease Rev., Series 2009 G1, (Various Capital Projects), 5.75%, 10/1/30 | 2,000,000 | 2,350,820 | ||||||||||||||
California Public Works Board Lease Rev., Series 2009 H, (Department of Correction and Rehabilitation), 5.75%, 11/1/29 | 1,685,000 | 1,998,461 | ||||||||||||||
California Public Works Board Lease Rev., Series 2011 D, (Judicial Council Projects), 5.25%, 12/1/26 | 1,000,000 | 1,167,880 | ||||||||||||||
California Public Works Board Lease Rev., Series 2011 G, (University of California), 5.00%, 12/1/21, Prerefunded at 100% of Par(2) | 2,000,000 | 2,467,800 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 A, (Various Capital Projects), 5.00%, 4/1/25 | 1,700,000 | 1,969,569 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 A, (Various Capital Projects), 5.00%, 4/1/37 | 2,170,000 | 2,361,047 | ||||||||||||||
California Public Works Board Lease Rev., Series 2012 D, 5.00%, 9/1/36 | 500,000 | 545,650 | ||||||||||||||
California Public Works Board Lease Rev., Series 2013 H, (California State University Project), 5.00%, 9/1/38 | 1,865,000 | 2,048,031 | ||||||||||||||
California Public Works Board Lease Rev., Series 2013 I, (Various Capital Projects), 5.00%, 11/1/38 | 1,500,000 | 1,651,980 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Cottage Health Obligation Group), 5.25%, 11/1/30 | 1,000,000 | 1,093,790 | ||||||||||||||
California Statewide Communities Development Authority Rev., (Trinity Health Corp.), 5.00%, 12/1/41 | 500,000 | 538,005 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2001 C, (Kaiser Permanente), 5.25%, 8/1/31 | 3,000,000 | 3,151,290 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2005 A, (Thomas Jefferson School of Law), 4.875%, 10/1/15, Prerefunded at 100% of Par(2) | 900,000 | 946,737 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2012 A, (Kaiser Permanente), 5.00%, 4/1/42 | 2,780,000 | 3,011,963 | ||||||||||||||
California Statewide Communities Development Authority Rev., Series 2014 A, (Henry Mayo Newhall Memorial Hospital), 5.25%, 10/1/43 (AGM) | 750,000 | 816,750 | ||||||||||||||
California University Systemwide Rev., Series 2009 A, 5.25%, 11/1/34 | 2,230,000 | 2,556,561 | ||||||||||||||
Capistrano Unified School District Special Tax Rev., (Community Facilities District No. 88-1), 6.50%, 9/1/14 (AGM) | 1,330,000 | 1,349,511 | ||||||||||||||
Carson Redevelopment Agency Successor Agency Tax Allocation Rev., Series 2014 A, (Project Area No. 1), 5.00%, 10/1/19 (AGM) | 485,000 | 564,142 | ||||||||||||||
Carson Redevelopment Agency Successor Agency Tax Allocation Rev., Series 2014 A, (Project Area No. 1), 5.00%, 10/1/20 (AGM) | 785,000 | 920,255 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 12-1), 4.00%, 9/2/17 | 365,000 | 397,292 |
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 12-1), 4.00%, 9/2/18 | 375,000 | 413,618 | ||||||||||||||
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 12-1), 4.00%, 9/2/19 | 600,000 | 660,726 | ||||||||||||||
Coalinga Public Financing Authority Local Obligation Rev., Series 1998 A, (Senior Lien), 6.375%, 9/15/21 (Ambac) | 1,320,000 | 1,555,501 | ||||||||||||||
East Bay Municipal Utility District Rev., Series 2012 B, 4.00%, 6/1/15 | 4,000,000 | 4,157,400 | ||||||||||||||
Eastern Municipal Water District Water & Sewer Rev., Series 2011 A, 4.00%, 7/1/14 | 400,000 | 401,340 | ||||||||||||||
Eastern Municipal Water District Water & Sewer Rev., Series 2011 A, 5.00%, 7/1/15 | 400,000 | 421,248 | ||||||||||||||
Eastern Municipal Water District Water & Sewer Rev., Series 2011 A, 4.00%, 7/1/16 | 400,000 | 431,232 | ||||||||||||||
Fairfield Redevelopment Agency Tax Allocation Rev., 3.00%, 8/1/15 | 1,460,000 | 1,506,647 | ||||||||||||||
Folsom Cordova Unified School District No. 1 Facilities Improvement GO, 4.00%, 10/1/16 | 295,000 | 319,630 | ||||||||||||||
Folsom Cordova Unified School District No. 2 Facilities Improvement GO, 4.00%, 10/1/14 | 375,000 | 379,928 | ||||||||||||||
Folsom Cordova Unified School District No. 2 Facilities Improvement GO, 4.00%, 10/1/15 | 245,000 | 257,517 | ||||||||||||||
Folsom Cordova Unified School District No. 2 Facilities Improvement GO, 2.00%, 10/1/16 | 295,000 | 306,487 | ||||||||||||||
Folsom Cordova Unified School District No. 2 Facilities Improvement GO, 5.00%, 10/1/17 | 245,000 | 280,111 | ||||||||||||||
Folsom Cordova Unified School District No. 4 Facilities Improvement GO, Series 2014 A, (Election of 2012), 4.00%, 10/1/15 | 250,000 | 262,428 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 A, 5.75%, 1/15/46 | 1,000,000 | 1,130,080 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 A, 6.00%, 1/15/49 | 3,250,000 | 3,722,940 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 B3, VRDN, 5.50%, 1/15/23 | 1,000,000 | 1,158,340 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Series 2014 C, 6.50%, 1/15/43 | 500,000 | 583,775 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Capital Appreciation, Series 2014 A, 0.00%, 1/15/24(4) | 700,000 | 421,939 | ||||||||||||||
Foothill/Eastern Transportation Corridor Agency Toll Road Rev., Capital Appreciation, Series 2014 A, 0.00%, 1/15/42(1) | 1,250,000 | 234,763 | ||||||||||||||
Fresno Sewer Rev., Series 1993 A1, 6.25%, 9/1/14 (Ambac) | 90,000 | 91,293 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2005 A, 5.00%, 6/1/38 (FGIC) | 1,000,000 | 1,018,170 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2005 A, 5.00%, 6/1/45 | 1,000,000 | 1,014,900 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2007 A-1, 5.00%, 6/1/33 | 750,000 | 623,955 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2007 A1, 4.50%, 6/1/27 | 480,000 | 438,331 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Series 2013 A, 5.00%, 6/1/30 | 1,100,000 | 1,236,873 | ||||||||||||||
Golden State Tobacco Securitization Corp. Settlement Rev., Capital Appreciation, Series 2005 A, 0.00%, 6/1/25 (AGM)(1) | 1,000,000 | 686,430 | ||||||||||||||
Grossmont Healthcare District GO, Series 2011 B, (Election of 2006), 6.00%, 7/15/34 | 1,000,000 | 1,189,360 | ||||||||||||||
Grossmont Union High School District GO, Series 2013 E, (Election of 2008), 5.00%, 8/1/43 | 1,000,000 | 1,106,410 | ||||||||||||||
Hayward Area Recreation and Park District COP, 5.125%, 1/1/39 | 1,000,000 | 1,101,790 | ||||||||||||||
Inland Valley Development Agency Tax Allocation Rev., Series 2014 A, 5.25%, 9/1/37 | 555,000 | 618,364 | ||||||||||||||
Inland Valley Development Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/44 | 590,000 | 631,560 | ||||||||||||||
Irvine Ranch Water District Rev., Series 2009 B, VRDN, 0.05%, 6/2/14 (LOC: Bank of America N.A.) | 1,400,000 | 1,400,000 | ||||||||||||||
Long Beach Bond Finance Authority Natural Gas Purchase Rev., Series 2007 A, 5.00%, 11/15/35 | 330,000 | 369,085 | ||||||||||||||
Long Beach Bond Finance Authority Natural Gas Purchase Rev., Series 2007 A, 5.50%, 11/15/37 | 695,000 | 830,129 | ||||||||||||||
Los Alamitos Unified School District COP, Capital Appreciation, (Capital Projects), 0.00%, 8/1/24(4) | 1,100,000 | 721,105 | ||||||||||||||
Los Angeles Community College District GO, Series 2007 A, (Election of 2001), 5.00%, 8/1/32 (NATL-RE/FGIC) | 1,425,000 | 1,580,510 | ||||||||||||||
Los Angeles County COP, (Disney Concert Hall), 5.00%, 3/1/22 | 1,000,000 | 1,189,310 |
Los Angeles County COP, (Disney Concert Hall), 5.00%, 9/1/22 | 500,000 | 597,265 | ||||||||||||||
Los Angeles Department of Airports Rev., Series 2008 C, (Los Angeles International Airport), 5.25%, 5/15/21 | 2,120,000 | 2,478,598 | ||||||||||||||
Los Angeles Department of Airports Rev., Series 2010 A, (Los Angeles International Airport), 5.00%, 5/15/40 | 1,000,000 | 1,098,640 | ||||||||||||||
Los Angeles Department of Airports Rev., Series 2010 B, (Los Angeles International Airport), 5.00%, 5/15/40 | 2,000,000 | 2,184,100 | ||||||||||||||
Los Angeles Department of Water & Power Waterworks Rev., Series 2008 A1, (Power System), 5.25%, 7/1/38 | 4,000,000 | 4,522,720 | ||||||||||||||
Los Angeles Department of Water & Power Waterworks Rev., Series 2009 B, 5.00%, 7/1/20 | 3,000,000 | 3,565,440 | ||||||||||||||
Los Angeles Department of Water & Power Waterworks Rev., Series 2011 A, (Power System), 5.00%, 7/1/19 | 1,000,000 | 1,194,300 | ||||||||||||||
Los Angeles Harbor Department Rev., Series 2009 A, 5.00%, 8/1/27 | 500,000 | 579,525 | ||||||||||||||
Los Angeles Harbor Department Rev., Series 2011 B, 5.00%, 8/1/24 | 525,000 | 619,957 | ||||||||||||||
Los Angeles Unified School District COP, Series 2010 A, (Multiple Properties), 5.00%, 12/1/15 | 1,000,000 | 1,071,150 | ||||||||||||||
Los Angeles Unified School District COP, Series 2012 A, (Headquarters Building Project), 5.00%, 10/1/21 | 1,000,000 | 1,201,650 | ||||||||||||||
Los Angeles Unified School District COP, Series 2012 B, (Headquarters Building Project), 5.00%, 10/1/30 | 3,000,000 | 3,395,760 | ||||||||||||||
Los Angeles Unified School District GO, Series 2006 F, (Election of 2004), 5.00%, 7/1/30 (FGIC) | 2,000,000 | 2,159,120 | ||||||||||||||
Los Angeles Unified School District GO, Series 2007 H, (Election of 2004), 5.00%, 7/1/32 (AGM) | 1,020,000 | 1,126,131 | ||||||||||||||
Los Angeles Unified School District GO, Series 2009 I, (Election of 2004), 5.00%, 7/1/29 | 2,000,000 | 2,306,120 | ||||||||||||||
Los Angeles Unified School District GO, Series 2010 KRY, 5.25%, 7/1/26 | 1,000,000 | 1,185,990 | ||||||||||||||
Los Angeles Unified School District GO, Series 2011 A1, 4.00%, 7/1/17 | 1,000,000 | 1,104,290 | ||||||||||||||
Los Angeles Unified School District GO, Series 2011 A1, 5.00%, 7/1/18 | 1,280,000 | 1,492,595 | ||||||||||||||
Los Angeles Wastewater System Rev., Series 2012 C, 5.00%, 6/1/26 | 1,000,000 | 1,183,640 | ||||||||||||||
M-S-R Energy Authority Rev., Series 2009 A, 7.00%, 11/1/34 | 1,000,000 | 1,359,460 | ||||||||||||||
M-S-R Energy Authority Rev., Series 2009 B, 7.00%, 11/1/34 (GA: Citigroup, Inc.) | 700,000 | 951,622 | ||||||||||||||
Manhattan Beach Unified School District GO, Capital Appreciation, Series 2009 A, (Election of 2008), 0.00%, 9/1/29(1) | 5,905,000 | 3,313,118 | ||||||||||||||
Metropolitan Water District of Southern California Rev., Series 2012 B2, VRDN, 0.41%, 6/5/14 | 3,895,000 | 3,901,115 | ||||||||||||||
Modesto Irrigation District COP, Series 2009 A, 5.75%, 10/1/34 | 2,500,000 | 2,852,925 | ||||||||||||||
Mount San Antonio Community College District GO, Series 2013 A, (Election of 2008), 5.00%, 8/1/34 | 1,000,000 | 1,132,250 | ||||||||||||||
New Haven Unified School District GO, 12.00%, 8/1/18 (AGM) | 880,000 | 1,274,222 | ||||||||||||||
Newport Beach Rev., Series 2011 A, (Hoag Memorial Hospital Presbyterian), 6.00%, 12/1/21, Prerefunded at 100% of Par(2) | 1,000,000 | 1,304,140 | ||||||||||||||
North Lake Tahoe Public Financing Authority Rev., 5.00%, 12/1/21 | 500,000 | 605,145 | ||||||||||||||
Northern California Power Agency Rev., Series 2010 A, 4.00%, 7/1/14 | 1,000,000 | 1,003,350 | ||||||||||||||
Oakland Unified School District Alameda County GO, Series 2012 A, (Election of 2006), 5.50%, 8/1/32 | 1,000,000 | 1,087,970 | ||||||||||||||
Oakland Unified School District Alameda County GO, Series 2013, (Election of 2012), 6.625%, 8/1/38 | 460,000 | 550,583 | ||||||||||||||
Ontario Public Financing Authority Rev., 5.00%, 7/1/43 | 1,000,000 | 1,103,980 | ||||||||||||||
Orange County Transportation Authority Rev., (Senior Lien), 5.00%, 8/15/25 | 1,000,000 | 1,178,260 | ||||||||||||||
Palomar Pomerado Health Care District COP, 6.75%, 11/1/39 | 500,000 | 523,915 | ||||||||||||||
Palomar Pomerado Health Care District COP, 6.00%, 11/1/41 | 750,000 | 765,953 | ||||||||||||||
Palomar Pomerado Health GO, Capital Appreciation, Series 2009 A, (Election of 2004), 0.00%, 8/1/19 (AGC)(4) | 1,670,000 | 1,514,740 | ||||||||||||||
Palos Verdes Peninsula Unified School District GO, Series 2009 R, (Election of 2005), 0.00%, 8/1/33(1) | 2,600,000 | 1,241,162 |
Paramount Unified School District GO, Capital Appreciation, (Election of 2006), 0.00%, 8/1/51 (BAM)(1) | 7,500,000 | 632,775 | ||||||||||||||
Pomona Unified School District GO, Series 2000 A, 6.55%, 8/1/29 (NATL-RE) | 1,000,000 | 1,282,400 | ||||||||||||||
Pomona Unified School District GO, Series 2001 A, 6.15%, 8/1/30 (NATL-RE) | 855,000 | 1,046,067 | ||||||||||||||
Porterville Public Financing Authority Sewer Rev., 5.625%, 10/1/36 | 1,500,000 | 1,715,535 | ||||||||||||||
Poway Unified School District GO, Capital Appreciation, (School Facilities Improvement), 0.00%, 8/1/41(1) | 2,110,000 | 587,762 | ||||||||||||||
Poway Unified School District Public Financing Authority Rev., 7.875%, 9/15/39 | 1,025,000 | 1,174,660 | ||||||||||||||
Riverside County Asset Leasing Corp. Rev., Series 2013 A, (Public Defender and Probation Building), 5.00%, 11/1/43 | 1,000,000 | 1,083,940 | ||||||||||||||
Riverside County Redevelopment Agency Tax Allocation Rev., Series 2010 E, (Interstate 215 Corridor), 6.50%, 10/1/40 | 625,000 | 694,294 | ||||||||||||||
Sacramento County Airport System Rev., Series 2009 D, (Grant Revenue Bonds), 5.625%, 7/1/29 | 1,000,000 | 1,152,380 | ||||||||||||||
Sacramento County Sanitation Districts Financing Authority Rev., Series 2007 B, VRN, 0.69%, 6/2/14 (NATL-RE/FGIC) | 1,500,000 | 1,281,225 | ||||||||||||||
Sacramento Power Authority Rev., 5.25%, 7/1/14 (Ambac) | 2,000,000 | 2,008,280 | ||||||||||||||
Saddleback Valley Unified School District Public Financing Authority Special Tax Rev., Series 1997 A, 6.00%, 9/1/16 (AGM) | 1,000,000 | 1,115,000 | ||||||||||||||
San Bernardino Community College District GO, Capital Appreciation, Series 2009 B, (Election of 2008), 0.00%, 8/1/19(4) | 7,400,000 | 6,728,228 | ||||||||||||||
San Buenaventura Rev., (Community Memorial Health System), 7.50%, 12/1/41 | 1,350,000 | 1,564,947 | ||||||||||||||
San Diego Community College District GO, (Election of 2002), 5.00%, 8/1/25 | 500,000 | 607,065 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2010 A, 5.00%, 7/1/40 | 1,500,000 | 1,612,545 | ||||||||||||||
San Diego County Regional Airport Authority Rev., Series 2013 A, 5.00%, 7/1/43 | 1,000,000 | 1,076,710 | ||||||||||||||
San Diego County Water Authority Rev., Series 2011 S1, (Subordinate Lien), 5.00%, 7/1/16 | 1,665,000 | 1,824,490 | ||||||||||||||
San Diego Public Facilities Financing Authority Sewer Rev., Series 2009 A, 5.25%, 5/15/34 | 2,000,000 | 2,294,200 | ||||||||||||||
San Diego Public Facilities Financing Authority Water Rev., Series 2012 A, 5.00%, 8/1/30 | 2,000,000 | 2,305,840 | ||||||||||||||
San Diego Unified Port District Rev., Series 2013 A, 5.00%, 9/1/24 | 500,000 | 590,055 | ||||||||||||||
San Diego Unified School District GO, Capital Appreciation, Series 2010 C, (Election of 2008), 0.00%, 7/1/36(1) | 5,000,000 | 1,815,500 | ||||||||||||||
San Diego Unified School District GO, Capital Appreciation, Series 2010 C, (Election of 2008), 0.00%, 7/1/44(1) | 2,880,000 | 701,453 | ||||||||||||||
San Diego Unified School District GO, Capital Appreciation, Series 2012 E, (Election of 2008), 0.00%, 7/1/49(1) | 1,000,000 | 174,520 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2009 E, (San Francisco International Airport), 5.25%, 5/1/23 | 3,000,000 | 3,510,960 | ||||||||||||||
San Francisco City and County Airports Commission Rev., Series 2010 F, (San Francisco International Airport), 5.00%, 5/1/40 | 2,150,000 | 2,295,533 | ||||||||||||||
San Francisco City and County COP, Series 2009 A, (Multiple Capital Improvement Projects), 5.00%, 4/1/29 | 1,170,000 | 1,342,399 | ||||||||||||||
San Francisco City and County Public Utilities Commission Rev., Series 2011 A, 5.00%, 11/1/41 | 1,000,000 | 1,103,500 | ||||||||||||||
San Francisco City and County Redevelopment Financing Authority Tax Allocation Rev., Series 2011 D, (Mission Bay South Redevelopment), 6.625%, 8/1/27 | 500,000 | 566,595 | ||||||||||||||
San Francisco City and County Successor Agency Tax Allocation Rev., Series 2014 A, (Mission Bay South Redevelopment), 5.00%, 8/1/31 | 400,000 | 433,304 | ||||||||||||||
San Francisco City and County Successor Agency Tax Allocation Rev., Series 2014 A, (Mission Bay South Redevelopment), 5.00%, 8/1/43 | 500,000 | 531,310 | ||||||||||||||
San Joaquin Hills Transportation Corridor Agency Rev., (Senior Lien), 5.00%, 1/1/33 | 1,200,000 | 1,182,240 | ||||||||||||||
San Mateo Special Tax Rev., (Community Facilities District No. 2008-1-Bay Meadows), 5.50%, 9/1/44 | 750,000 | 822,285 | ||||||||||||||
San Mateo Special Tax Rev., (Community Facilities District No. 2008-1-Bay Meadows), 5.875%, 9/1/32 | 685,000 | 777,215 |
San Mateo Union High School District GO, Capital Appreciation, 0.00%, 2/15/15(1)(2) | 2,665,000 | 2,661,456 | ||||||||||||||
Santa Clara Electric Rev., Series 2011 A, 5.00%, 7/1/30 | 500,000 | 554,470 | ||||||||||||||
Santa Margarita-Dana Point Authority Rev., Series 1994 B, (Improvement Districts 3, 3A, 4, 4A), 7.25%, 8/1/14 (NATL-RE) | 2,000,000 | 2,022,080 | ||||||||||||||
Santa Monica Redevelopment Agency Tax Allocation, (Earthquake Recovery Redevelopment), 5.00%, 7/1/42 | 400,000 | 431,236 | ||||||||||||||
Santa Monica Redevelopment Agency Tax Allocation, (Earthquake Recovery Redevelopment), 5.875%, 7/1/42 | 400,000 | 457,664 | ||||||||||||||
Santa Rosa Wastewater Rev., Capital Appreciation, Series 2002 B, 0.00%, 9/1/24 (Ambac)(1) | 2,000,000 | 1,400,340 | ||||||||||||||
South Placer Wastewater Authority Rev., Series 2011 D, VRN, 0.89%, 6/5/14 | 2,060,000 | 2,062,493 | ||||||||||||||
Southern California Public Power Authority Rev., Series 2013 A, (Southern Transmission), 5.00%, 7/1/17 | 1,050,000 | 1,191,571 | ||||||||||||||
Stockton Public Financing Authority Rev., Series 2010 A, (Delta Water Supply Project), 6.25%, 10/1/40 | 750,000 | 858,458 | ||||||||||||||
Stockton Unified School District GO, Series 2014 A, (Election of 2012), 5.00%, 8/1/42 (AGM) | 430,000 | 460,599 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/19 (BAM) | 110,000 | 127,829 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/20 (BAM) | 70,000 | 82,004 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/21 (BAM) | 50,000 | 58,987 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/22 (BAM) | 70,000 | 83,348 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/23 (BAM) | 60,000 | 71,256 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/24 (BAM) | 65,000 | 76,554 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 4.50%, 9/1/25 (BAM) | 25,000 | 27,902 | ||||||||||||||
Successor Agency to the Richmond County Redevelopment Agency Tax Allocation Rev., Series 2014 A, 5.00%, 9/1/25 (BAM) | 25,000 | 28,989 | ||||||||||||||
Susanville Public Financing Authority Rev., Series 2010 B, (Utility Enterprises), 6.00%, 6/1/45 | 1,000,000 | 1,080,310 | ||||||||||||||
Taft Public Financing Authority Lease Rev., Series 1997 A, (Community Correctional Facility Acquisition), 6.05%, 1/1/17 | 1,085,000 | 1,089,199 | ||||||||||||||
Tobacco Securitization Authority of Southern California Settlement Rev., Series 2006 A1, 5.00%, 6/1/37 | 500,000 | 413,175 | ||||||||||||||
Tuolumne Wind Project Authority Rev., Series 2009 A, 5.625%, 1/1/29 | 1,200,000 | 1,415,940 | ||||||||||||||
Turlock Health Facility COP, (Emanuel Medical Center, Inc.), 5.50%, 10/15/18 | 465,000 | 470,882 | ||||||||||||||
Tustin Unified School District Special Tax Rev., (Community Facilities District No. 06-1), 6.00%, 9/1/40 | 2,000,000 | 2,209,320 | ||||||||||||||
University of California Rev., Series 2013 AF, 5.00%, 5/15/25 | 1,000,000 | 1,209,840 | ||||||||||||||
University of California Rev., Series 2013 AK, VRDN, 5.00%, 5/15/23 | 2,000,000 | 2,453,200 | ||||||||||||||
Ventura County Community College District GO, Series 2008 C, (Election of 2002), 5.50%, 8/1/33 | 3,000,000 | 3,476,730 | ||||||||||||||
Yosemite Community College District GO, Capital Appreciation, Series 2010 D, (Election of 2004), 0.00%, 8/1/38(1) | 3,000,000 | 973,770 | ||||||||||||||
347,828,602 | ||||||||||||||||
GUAM — 0.9% | ||||||||||||||||
Guam Government GO, Series 2009 A, 6.75%, 11/15/29 | 900,000 | 976,635 | ||||||||||||||
Guam Power Authority Rev., Series 2010 A, 5.50%, 10/1/40 | 2,150,000 | 2,330,815 | ||||||||||||||
3,307,450 | ||||||||||||||||
PUERTO RICO — 1.8% | ||||||||||||||||
Puerto Rico Aqueduct & Sewer Authority Rev., Series 2012 A, (Senior Lien), 5.00%, 7/1/17 | 1,910,000 | 1,680,800 | ||||||||||||||
Puerto Rico Aqueduct & Sewer Authority Rev., Series 2012 A, (Senior Lien), 5.00%, 7/1/19 | 665,000 | 555,873 | ||||||||||||||
Puerto Rico Electric Power Authority Rev., Series 2010 XX, 5.25%, 7/1/40 | 75,000 | 46,190 | ||||||||||||||
Puerto Rico GO, Series 2009 B, (Public Improvement), 6.00%, 7/1/39 | 1,000,000 | 756,310 | ||||||||||||||
Puerto Rico GO, Series 2011 A, (Public Improvement), 5.75%, 7/1/41 | 1,000,000 | 732,490 | ||||||||||||||
Puerto Rico GO, Series 2012 A, (Public Improvement), 5.00%, 7/1/41 | 300,000 | 206,850 | ||||||||||||||
Puerto Rico GO, Series 2014 A, 8.00%, 7/1/35 | 1,520,000 | 1,359,154 | ||||||||||||||
Puerto Rico Government Development Bank Rev., Series 2006 B, (Senior Notes), 5.00%, 12/1/16 | 1,250,000 | 1,129,675 | ||||||||||||||
Puerto Rico Sales Tax Financing Corp. Rev., Capital Appreciation, Series 2011 A1, 0.00%, 8/1/41(1) | 1,145,000 | 131,366 | ||||||||||||||
6,598,708 | ||||||||||||||||
TOTAL INVESTMENT SECURITIES — 99.1% (Cost $326,805,960) | 357,734,760 | |||||||||||||||
OTHER ASSETS AND LIABILITIES — 0.9% | 3,072,978 | |||||||||||||||
TOTAL NET ASSETS — 100.0% | $ | 360,807,738 |
FUTURES CONTRACTS | ||||||||||||||
Contracts Sold | Expiration Date | Underlying Face Amount at Value ($) | Unrealized Appreciation (Depreciation) ($) | |||||||||||
149 | U.S. Treasury Long Bonds | September 2014 | 20,482,844 | 114,907 | ||||||||||
15 | U.S. Treasury Ultra Long Bonds | September 2014 | 2,254,219 | 11,082 | ||||||||||
22,737,063 | 125,989 | |||||||||||||
Notes to Schedule of Investments | ||||||||||||||
AGC | - | Assured Guaranty Corporation | ||||||||||||
AGM | - | Assured Guaranty Municipal Corporation | ||||||||||||
BAM | - | Build America Mutual Assurance Company | ||||||||||||
COP | - | Certificates of Participation | ||||||||||||
FGIC | - | Financial Guaranty Insurance Company | ||||||||||||
GA | - | Guaranty Agreement | ||||||||||||
GO | - | General Obligation | ||||||||||||
LOC | - | Letter of Credit | ||||||||||||
NATL-RE | - | National Public Finance Guarantee Corporation - Reinsured | ||||||||||||
VRDN | - | Variable Rate Demand Note. Interest reset date is indicated. Rate shown is effective at the period end. | ||||||||||||
VRN | - | Variable Rate Note. Interest reset date is indicated. Rate shown is effective at the period end. | ||||||||||||
(1) | Security is a zero-coupon bond. Zero-coupon securities are issued at a substantial discount from their value at maturity. | |||||||||||||
(2) | Escrowed to maturity in U.S. government securities or state and local government securities. | |||||||||||||
(3) | Security, or a portion thereof, has been pledged at the custodian bank or with a broker for margin requirements on futures contracts. At the period end, the aggregate value of securities pledged was $451,728. | |||||||||||||
(4) | Coupon rate adjusts periodically based upon a predetermined schedule. Interest reset date is indicated. Rate shown is effective at the period end. |
Federal tax cost of investments | $ | 326,805,960 | |
Gross tax appreciation of investments | $ | 31,820,309 | |
Gross tax depreciation of investments | (891,509) | ||
Net tax appreciation (depreciation) of investments | $ | 30,928,800 |
California Tax-Free Money Market - Schedule of Investments | |
MAY 31, 2014 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||
MUNICIPAL SECURITIES — 95.7% | ||||||||
CALIFORNIA — 95.7% | ||||||||
ABAG Finance Authority for Nonprofit Corps. Rev., (899 Charleston Project), VRDN, 0.06%, 6/2/14 (LOC: Bank of America N.A.) | 2,670,000 | 2,670,000 | ||||||
California Economic Recovery GO, Series 2009 B, VRN, 5.00%, 7/1/14 | 7,180,000 | 7,208,285 | ||||||
California Infrastructure & Economic Development Bank Rev., (Bay Area Toll Bridges), VRDN, 0.09%, 6/5/14 (LOC: Bank of the West) | 2,030,000 | 2,030,000 | ||||||
California Infrastructure & Economic Development Bank Rev., (Catalina Museum Project), VRDN, 0.09%, 6/5/14 (LOC: Bank of the West) | 1,000,000 | 1,000,000 | ||||||
California Infrastructure & Economic Development Bank Rev., (Columbia College), VRDN, 0.08%, 6/5/14 (LOC: Rabobank N.V.) | 1,350,000 | 1,350,000 | ||||||
California Infrastructure & Economic Development Bank Rev., (Goodwill Industries of Orange County), VRDN, 0.11%, 6/5/14 (LOC: Wells Fargo Bank N.A.) | 2,625,000 | 2,625,000 | ||||||
California Infrastructure & Economic Development Bank Rev., (Kennfoods USA), VRDN, 0.10%, 6/5/14 (LOC: Bank of the West) | 1,390,000 | 1,390,000 | ||||||
California Infrastructure & Economic Development Bank Rev., (SRI International), VRDN, 0.07%, 6/5/14 (LOC: Wells Fargo Bank N.A.) | 6,600,000 | 6,600,000 | ||||||
California Infrastructure & Economic Development Bank Rev., Series 2008 A, (iWorks, Inc.), VRDN, 0.10%, 6/5/14 (LOC: City National Bank and FHLB) | 1,335,000 | 1,335,000 | ||||||
California Municipal Finance Authority Rev., Series 2008 A, (Central Coast YMCA), VRDN, 0.06%, 6/5/14 (LOC: Pacific Capital Bank N.A. and FHLB) | 3,135,000 | 3,135,000 | ||||||
California Municipal Finance Authority Rev., Series 2010 A, (Southwest Community Health Center), VRDN, 0.07%, 6/5/14 (LOC: Comerica Bank) | 3,970,000 | 3,970,000 | ||||||
California Municipal Finance Authority Rev., Series 2012 A, (High Desert Partnership in Academic Excellence Foundation), VRDN, 0.09%, 6/5/14 (LOC: Union Bank N.A.) | 2,000,000 | 2,000,000 | ||||||
California Pollution Control Financing Authority Rev., (Musco Family Olive), VRDN, 0.16%, 6/5/14 (LOC: Bank of the West) | 3,200,000 | 3,200,000 | ||||||
California Pollution Control Financing Authority Rev., Series 2010 A, (Alameda Country Industries), VRDN, 0.10%, 6/4/14 (LOC: Bank of the West) | 2,460,000 | 2,460,000 | ||||||
California State Enterprise Development Authority Rev., (Community Hospice Inc.), VRDN, 0.06%, 6/5/14 (LOC: Bank of Stockton and FHLB) | 3,895,000 | 3,895,000 | ||||||
California State Enterprise Development Authority Rev., (Humane Society Silicon Valley), VRDN, 0.06%, 6/5/14 (LOC: First Republic Bank and FHLB) | 6,985,000 | 6,985,000 | ||||||
California State Enterprise Development Authority Rev., (LBM Partnership LP), VRDN, 0.07%, 6/5/14 (LOC: Wells Fargo Bank N.A.) | 2,900,000 | 2,900,000 | ||||||
California State University PUTTERs Rev., Series 2008-2646Z, VRDN, 0.14%, 6/5/14 (AGM)(LIQ FAC: JPMorgan Chase Bank N.A.)(1) | 4,670,000 | 4,670,000 | ||||||
California Statewide Communities Development Authority Rev., (Goodwill of Santa Cruz), VRDN, 0.11%, 6/5/14 (LOC: Wells Fargo Bank N.A.) | 2,200,000 | 2,200,000 | ||||||
California Statewide Communities Development Authority Rev., (Trinity Children & Family), VRDN, 0.09%, 6/4/14 (LOC: Citizens Business Bank and California State Teacher's Retirement System) | 3,920,000 | 3,920,000 | ||||||
California Statewide Communities Development Authority Rev., Series 2008 C, (John Muir Health), VRDN, 0.06%, 6/2/14 (LOC: Wells Fargo Bank N.A.) | 1,150,000 | 1,150,000 | ||||||
California Statewide Communities Development Authority COP, VRDN, 0.07%, 6/4/14 (LOC: Union Bank N.A.) | 1,520,000 | 1,520,000 | ||||||
City of Hanford Sewer System Rev., Series 1996 A, VRDN, 0.09%, 6/5/14 (LOC: Union Bank N.A.) | 760,000 | 760,000 | ||||||
City of Irvine Improvement Bond Act of 1915 Special Assessment Rev., (Assessment District No. 94-13), VRDN, 0.04%, 6/2/14 (LOC: State Street Bank & Trust Co.) | 500,000 | 500,000 |
City of Oroville Rev., Series 2012 A, (Oroville Hospital), VRDN, 0.09%, 6/5/14 (LOC: Comerica Bank) | 6,600,000 | 6,600,000 | ||||||
City of Reedley COP, (Mennonite Brethren Homes), VRDN, 0.07%, 6/5/14 (LOC: Bank of the Sierra and FHLB) | 7,980,000 | 7,980,000 | ||||||
City of Riverside Water Rev., Series 2011 A, VRN, 0.08%, 6/5/14 | 11,000,000 | 11,000,000 | ||||||
County of San Bernardino Rev., Series 2004 A, (WLP Parkview Place Apartments), VRDN, 0.11%, 6/5/14 (LOC: FNMA) | 3,420,000 | 3,420,000 | ||||||
County of Yolo Rev., (Beckett Hall, Inc.), VRDN, 0.12%, 6/5/14 (LOC: Bank of the West and California State Teacher's Retirement System) | 6,850,000 | 6,850,000 | ||||||
Eastern Municipal Water District Water & Sewer Rev., Series 2012 A, VRN, 0.07%, 6/5/14 | 5,000,000 | 5,000,000 | ||||||
Eastern Municipal Water District Water & Sewer Rev., Series 2013 A, VRDN, 0.08%, 6/5/14 | 6,000,000 | 6,000,000 | ||||||
Hesperia Public Financing Authority Rev., (1993 Street Improvement Project), VRDN, 0.12%, 6/4/14 (LOC: Bank of the West) | 575,000 | 575,000 | ||||||
Hesperia Public Financing Authority Rev., Series 1998 B, (Water Administration Facilities), VRDN, 0.12%, 6/4/14 (LOC: Bank of the West) | 810,000 | 810,000 | ||||||
Irvine Ranch Water District Rev., Series 2009 B, VRDN, 0.05%, 6/2/14 (LOC: Bank of America N.A.) | 1,800,000 | 1,800,000 | ||||||
Irvine Ranch Water District Rev., Series 2011 A1, VRN, 0.07%, 6/5/14 | 2,000,000 | 2,000,000 | ||||||
Irvine Ranch Water District Rev., Series 2011 A2, VRN, 0.07%, 6/5/14 | 4,000,000 | 4,000,000 | ||||||
JP Morgan Chase PUTTERs/DRIVERs Trust, Series 2011-4005Z, VRDN, 0.14%, 6/5/14 (AGM)(LIQ FAC: JPMorgan Chase Bank N.A.)(1) | 6,590,000 | 6,590,000 | ||||||
Los Angeles County Community Development Commission COP, (Willowbrook Partnership), VRDN, 0.10%, 6/4/14 (LOC: Wells Fargo Bank N.A.) | 2,300,000 | 2,300,000 | ||||||
Metropolitan Water District of Southern California Rev., Series 2009 A-2, VRN, 0.07%, 6/5/14 | 5,000,000 | 5,000,000 | ||||||
Metropolitan Water District of Southern California Rev., Series 2011 A-1, VRN, 0.08%, 6/5/14 | 7,500,000 | 7,500,000 | ||||||
Metropolitan Water District of Southern California Rev., VRN, 0.08%, 6/5/14 | 4,220,000 | 4,220,000 | ||||||
Pittsburg Public Financing Authority Rev., VRDN, 0.09%, 6/5/14 (LOC: Bank of the West) | 2,840,000 | 2,840,000 | ||||||
San Bernardino County Housing Authority Rev., Series 2005 A, (Raintree Apartments), VRDN, 0.07%, 6/5/14 (LOC: East West Bank and FHLB) | 3,800,000 | 3,800,000 | ||||||
San Francisco City and County GO, Series 2010 E, (Earthquake Safety), 5.00%, 6/15/14 | 1,945,000 | 1,948,632 | ||||||
San Francisco City and County Redevelopment Agency Special Tax Rev., Series 2005 A, VRDN, 0.07%, 6/5/14 (LOC: JPMorgan Chase Bank N.A.) | 3,400,000 | 3,400,000 | ||||||
Santa Clara County Housing Authority Rev., Series 2003 A, VRDN, 0.10%, 6/5/14 (LOC: Citibank N.A.) | 1,515,000 | 1,515,000 | ||||||
Southern California Public Power Authority Rev., Series 2011 A, (Southern Transmission), 5.00%, 7/1/14 | 5,000,000 | 5,019,419 | ||||||
State of California Puttable Floating Options Rev., VRDN, 0.13%, 6/5/14 (AGM)(LIQ FAC: Bank of America N.A.)(1) | 3,480,000 | 3,480,000 | ||||||
State of California Puttable Floating Options Rev., VRDN, 0.19%, 6/5/14 (LIQ FAC: Bank of America N.A.)(1) | 5,000,000 | 5,000,000 | ||||||
State of California Rev., Series 2013 A-2, 2.00%, 6/23/14 | 10,000,000 | 10,010,647 | ||||||
Three Valleys Municipal Water District COP, (Miramar Water Treatment), VRDN, 0.12%, 6/4/14 (LOC: Wells Fargo Bank N.A.) | 1,100,000 | 1,100,000 | ||||||
Town of Apple Valley COP, (Public Facilities Financing), VRDN, 0.09%, 6/5/14 (LOC: Union Bank N.A.) | 2,170,000 | 2,170,000 | ||||||
Town of Hillsborough COP, Series 2003 A, (Water & Sewer System), VRDN, 0.12%, 6/5/14 (SBBPA: JPMorgan Chase Bank N.A.) | 2,895,000 | 2,895,000 | ||||||
Town of Hillsborough COP, Series 2006 A, (Water & Sewer System), VRDN, 0.12%, 6/5/14 (SBBPA: JPMorgan Chase Bank N.A.) | 7,945,000 | 7,945,000 | ||||||
Victorville Joint Powers Finance Authority Lease Rev., Series 2007 A, (Cogeneration Facility), VRDN, 1.06%, 6/5/14 (LOC: BNP Paribas) | 12,475,000 | 12,475,000 | ||||||
TOTAL MUNICIPAL SECURITIES | 214,716,983 | |||||||
COMMERCIAL PAPER(2) — 2.2% | ||||||||
San Diego County Water Authority, 0.08%, 7/2/14 | 5,000,000 | 5,000,000 | ||||||
TOTAL INVESTMENT SECURITIES — 97.9% | 219,716,983 | |||||||
OTHER ASSETS AND LIABILITIES — 2.1% | 4,783,374 | |||||||
TOTAL NET ASSETS — 100.0% | $ | 224,500,357 |
Notes to Schedule of Investments | ||||||||
AGM | - | Assured Guaranty Municipal Corporation | ||||||
COP | - | Certificates of Participation | ||||||
DRIVERs | - | Derivative Inverse Tax-Exempt Receipts | ||||||
FHLB | - | Federal Home Loan Bank | ||||||
FNMA | - | Federal National Mortgage Association | ||||||
GO | - | General Obligation | ||||||
LIQ FAC | - | Liquidity Facilities | ||||||
LOC | - | Letter of Credit | ||||||
PUTTERs | - | Puttable Tax-Exempt Receipts | ||||||
SBBPA | - | Standby Bond Purchase Agreement | ||||||
VRDN | - | Variable Rate Demand Note. Interest reset date is indicated. Rate shown is effective at the period end. | ||||||
VRN | - | Variable Rate Note. Interest reset date is indicated. Rate shown is effective at the period end. | ||||||
(1) | Restricted security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be sold without restriction to qualified institutional investors and have been deemed liquid under policies approved by the Board of Trustees. The aggregate value of these securities at the period end was $19,740,000, which represented 8.8% of total net assets. | |||||||
(2) | The rate indicated is the yield to maturity at purchase. |
Federal tax cost of investments | $ | 219,716,983 |
(a) | The registrant’s principal executive officer and principal financial officer have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) are effective based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report. |
(b) | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Registrant: | American Century California Tax-Free and Municipal Funds | ||
By: | /s/ Jonathan S. Thomas | ||
Name: | Jonathan S. Thomas | ||
Title: | President | ||
Date: | July 29, 2014 |
By: | /s/ Jonathan S. Thomas | ||
Name: | Jonathan S. Thomas | ||
Title: | President | ||
(principal executive officer) | |||
Date: | July 29, 2014 |
By: | /s/ C. Jean Wade | ||
Name: | C. Jean Wade | ||
Title: | Vice President, Treasurer, and | ||
Chief Financial Officer | |||
(principal financial officer) | |||
Date: | July 29, 2014 |
1. | I have reviewed this report on Form N-Q of American Century California Tax-Free and Municipal Funds; |
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 directors (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. |
Date: | July 29, 2014 |
/s/ Jonathan S. Thomas | |
Jonathan S. Thomas | |
President | |
(principal executive officer) |
1. | I have reviewed this report on Form N-Q of American Century California Tax-Free and Municipal Funds; |
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 directors (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. |
Date: | July 29, 2014 |
/s/ C. Jean Wade | |
C. Jean Wade | |
Vice President, Treasurer, and | |
Chief Financial Officer | |
(principal financial officer) |
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