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)