-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C6GqJj2DMIyeEC2X/eWB+x/OeQ2dsoFfNvzDXdnP9BtfP3MvqxYSBjqNA4W3jBqr TQIIACHJTxW2QcClnw7l6g== 0000935069-04-001886.txt : 20041126 0000935069-04-001886.hdr.sgml : 20041125 20041124174536 ACCESSION NUMBER: 0000935069-04-001886 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040930 FILED AS OF DATE: 20041126 DATE AS OF CHANGE: 20041124 EFFECTIVENESS DATE: 20041126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTENNIAL NEW YORK TAX EXEMPT TRUST CENTRAL INDEX KEY: 0000837278 IRS NUMBER: 133481209 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-05584 FILM NUMBER: 041168276 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: 3RD FLOOR CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER NEW YORK TAX EXEMPT CASH RESERVES DATE OF NAME CHANGE: 19900530 N-Q 1 rq780_11973nq.txt RQ780_11973NQ.TXT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-5584 Centennial New York Tax Exempt Trust (Exact name of registrant as specified in charter) 6803 South Tucson Way, Centennial, Colorado 80112-3924 (Address of principal executive offices) (Zip code) Robert G. Zack, Esq. OppenheimerFunds, Inc. Two World Financial Center, New York, New York 10281-1008 (Name and address of agent for service) Registrant's telephone number, including area code: (303) 768-3200 Date of fiscal year end: June 30 Date of reporting period: September 30, 2004 ITEM 1. SCHEDULE OF INVESTMENTS. STATEMENT OF INVESTMENTS September 30, 2004 (Unaudited) ================================================================================ Centennial New York Tax Exempt Trust
Principal Amount Value - --------------------------------------------------------------------------------------------------- SHORT-TERM TAX-EXEMPT OBLIGATIONS--99.7% - --------------------------------------------------------------------------------------------------- NEW YORK--98.2% Glens Falls, NY IDA RB, Namic Project, 1.70% 1 $ 1,210,000 $ 1,210,000 - --------------------------------------------------------------------------------------------------- Jay Street Development Corp. NYC Facilities Lease RB, Jay Street Project, Series A-3, 1.69% 1 2,700,000 2,700,000 - --------------------------------------------------------------------------------------------------- L.I. , NY PAU Electric System RB, Subseries 1-B, 1.71% 1 2,200,000 2,200,000 - --------------------------------------------------------------------------------------------------- Nassau Cnty., NY IDA RB, Puttable Floating Option Tax Exempt Receipts, Series MT-010, 1.79% 1,2 1,000,000 1,000,000 - --------------------------------------------------------------------------------------------------- NYC GOB, Series 1995 F-4, 1.69% 1 1,900,000 1,900,000 - --------------------------------------------------------------------------------------------------- NYC HDC MH RB, 90 West Street Project, Series 2004A, 1.71% 1 2,100,000 2,100,000 - --------------------------------------------------------------------------------------------------- NYC IDA Civic Facility RB, Casa Project, 1.72% 1 3,000,000 3,000,000 - --------------------------------------------------------------------------------------------------- NYC IDA Civic Facility RB, Planned Parenthood, 1.70% 1 1,900,000 1,900,000 - --------------------------------------------------------------------------------------------------- NYC MTAU BANs, Series CP-1A, 1.10%, 10/1/04 3,000,000 3,000,000 - --------------------------------------------------------------------------------------------------- NYC MTAU BANs, Series CP-1A, 1.15%, 10/8/04 3,000,000 3,000,000 - --------------------------------------------------------------------------------------------------- NYC MTAU RB, Series D-2, 1.69% 1 1,000,000 1,000,000 - --------------------------------------------------------------------------------------------------- NYC MTAU RRB, Series A, MERLOTS Series 2004 B-16, 1.71% 1,2 1,000,000 1,000,000 - --------------------------------------------------------------------------------------------------- NYC MTAU RRB, Series PA-1077, 1.72% 1,2 1,995,000 1,995,000 - --------------------------------------------------------------------------------------------------- NYC Transitional FAU Future Tax Secured Bonds, 3.65%, 2/1/05 1,000,000 1,008,226 - --------------------------------------------------------------------------------------------------- NYC Transitional FAU Future Tax Secured Bonds, 4.75%, 11/15/04 100,000 100,439 - --------------------------------------------------------------------------------------------------- NYC Transititional FAU RRB, BNP Paribas STARS Certificate, Series 2003-7, 1.72% 1,2 1,500,000 1,500,000 - --------------------------------------------------------------------------------------------------- NYS DA RB, MERLOTS Series 2003 B30, 1.71% 1,2 2,995,000 2,995,000 - --------------------------------------------------------------------------------------------------- NYS DA RRB, Foundling Charitable Corp., Series 1997, 1.65% 1 1,085,000 1,085,000 - --------------------------------------------------------------------------------------------------- NYS ERDAUPC RB, NYS Electric & Gas Corp., 1985 Series B, 1.08%, 10/15/04 3 1,000,000 1,000,000 - --------------------------------------------------------------------------------------------------- NYS GOUN, Series A, 1.50%, 10/7/04 3 1,900,000 1,900,000 - --------------------------------------------------------------------------------------------------- NYS GOUN, Series B, 1.58%, 8/4/05 3 1,000,000 1,000,000 - --------------------------------------------------------------------------------------------------- NYS HFA MH RB, East 39 Street Housing, Series A, 1.71% 1 3,700,000 3,700,000 - --------------------------------------------------------------------------------------------------- NYS HFA RB, Historic Front Street Housing, Series 2003A, 1.72% 1 2,900,000 2,900,000 - --------------------------------------------------------------------------------------------------- NYS LGAC RB, Senior Lien, Series 1995E, 1.68% 1 455,000 455,000 - --------------------------------------------------------------------------------------------------- NYS LGAC RRB, SGMSTR Series 1997 SG99, 1.71% 1,2 1,700,000 1,700,000 - --------------------------------------------------------------------------------------------------- NYS UDC RB, SGMSTR, Series 2003 SG163, 1.71% 1,2 2,800,000 2,800,000 - --------------------------------------------------------------------------------------------------- Southeast NY IDA RB, Unilock NY, Inc. Project, Series 1997, 1.90% 1 2,000,000 2,000,000 - --------------------------------------------------------------------------------------------------- Suffolk Cnty., NY IDA RB, Target Rock Corp., Series 1987, 1.68% 1 2,635,000 2,635,000 - --------------------------------------------------------------------------------------------------- Syracuse, NY RRB, Airport Improvement, Series 2004A, 2%, 2/1/05 375,000 375,000 - --------------------------------------------------------------------------------------------------- Syracuse, NY TANs, Series 2004A, 2.10%, 10/29/04 3,300,000 3,302,186 - --------------------------------------------------------------------------------------------------- Utica, NY SDI GOUN, Series 2004, 4.125%, 6/15/05 560,000 569,675 --------------- 57,030,526 - --------------------------------------------------------------------------------------------------- U.S. POSSESSIONS--1.5% PR CMWLTH HTAU RB, Puttable Tax Exempt Receipts, Series 246, 1.70% 1,2 850,000 850,000 - --------------------------------------------------------------------------------------------------- Total Investments, at Value (Cost $57,880,526) 99.7% 57,880,526 - --------------------------------------------------------------------------------------------------- Other Assets Net of Liabilities 0.3 190,274 -------------------------------- Net Assets 100.0% $ 58,070,800 ================================ Footnotes to Statement of Investments To simplify the listings of securities, abbreviations are used per the table below: BANs Bond Anticipation Nts. CMWLTH Commonwealth DA Dormitory Authority ERDAUPC Energy Research & Development Authority Pollution Control FAU Finance Authority GOB General Obligation Bonds GOUN General Obligation Unlimited Nts. HDC Housing Development Corp. HFA Housing Finance Agency/Authority HTAU Highway & Transportation Authority IDA Industrial Development Agency L.I. Long Island LGAC Local Government Assistance Corp. MERLOTS Municipal Exempt Receipts Liquidity Option Tender MH Multifamily Housing MTAU Metropolitan Transportation Authority NYC New York City NYS New York State PAU Power Authority RB Revenue Bonds RRB Revenue Refunding Bonds SDI School District SGMSTR Societe Generale, NY Branch Municipal Security Trust Receipts TANs Tax Anticipation Nts. UDC Urban Development Corp. 1. Floating or variable rate obligation maturing in more than one year. The interest rate, which is based on specific, or an index of, market interest rates, is subject to change periodically and is the effective rate on September 30, 2004. This instrument has a demand feature which allows, on up to 30 days' notice, the recovery of principal at any time, or at specified intervals not exceeding one year. 2. Represents securities sold under Rule 144A, which are exempt from registration under the Securities Act of 1933, as amended. These securities have been determined to be liquid under guidelines established by the Board of Trustees. These securities amount to $13,840,000 or 23.83% of the Trust's net assets as of September 30, 2004. 3. Put obligation redeemable at full principal value on the date reported.
SECURITIES VALUATION. The net asset value of shares of the Trust is normally determined twice each day, at 12:00 Noon Eastern time and at 4:00 P.M. Eastern time on each day The New York Stock Exchange (the Exchange) is open for trading. Portfolio securities are valued on the basis of amortized cost, which approximates market value. ITEM 2. CONTROLS AND PROCEDURES. (a) Based on their evaluation of registrant's disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940 (17 CFR 270.30a-3(c)) as of September 30, 2004, registrant's principal executive officer and principal financial officer found registrant's disclosure controls and procedures to provide reasonable assurances that information required to be disclosed by registrant in the reports that it files under the Securities Exchange Act of 1934 (a) is accumulated and communicated to registrant's management, including its principal executive officer and principal financial officer, to allow timely decisions regarding required disclosure, and (b) is recorded, processed, summarized and reported, within the time periods specified in the rules and forms adopted by the U.S. Securities and Exchange Commission. (b) There have been no significant changes in registrant's internal controls over financial reporting that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. ITEM 3. EXHIBITS. (a) Exhibits attached hereto. (Attach certifications as exhibits) EX-99.CERT 2 rq780_11973ex99cert.txt RQ780_11973EX99CERT.TXT Exhibit 99.CERT CERTIFICATIONS I, JOHN V. MURPHY, certify that: 1. I have reviewed this report on Form N-Q of Centennial New York Tax Exempt Trust; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) 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(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of trustees (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/ John V. Murphy - ---------------------------- John V. Murphy Chief Executive Officer Date: 11/16/04 Exhibit 99.CERT Section 302 Certifications CERTIFICATIONS I, BRIAN W. WIXTED, certify that: 1. I have reviewed this report on Form N-Q of Centennial New York Tax Exempt Trust; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) 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(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of trustees (or persons performing the equivalent functions): a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/ Brian W. Wixted - ---------------------------- Brian W. Wixted Chief Financial Officer Date: 11/16/04 -----END PRIVACY-ENHANCED MESSAGE-----