Date of fiscal year end:
|
12/31
|
Date of reporting period:
|
6/30/2011
|
ITEM 1.
|
REPORT TO STOCKHOLDERS
|
Principal Amount ($)
|
Value ($)
|
|||||||
Certificates of Deposit and Bank Notes 17.9%
|
||||||||
ANZ National International Ltd., 144A, 3.25%, 4/2/2012
|
49,000,000 | 50,008,868 | ||||||
Bank Nederlandse Gemeenten NV, 6.0%, 3/26/2012
|
35,000,000 | 36,441,156 | ||||||
Bank of Montreal, 0.12%, 7/25/2011
|
100,000,000 | 100,000,000 | ||||||
Bank of Nova Scotia, 0.16%, 7/8/2011
|
100,000,000 | 100,000,000 | ||||||
BNP Paribas:
|
||||||||
0.26%, 8/2/2011
|
200,000,000 | 200,000,000 | ||||||
0.33%, 8/15/2011
|
50,000,000 | 50,005,617 | ||||||
0.35%, 8/8/2011
|
387,000,000 | 387,001,670 | ||||||
Commonwealth Bank of Australia, 144A, 2.4%, 1/12/2012
|
43,132,000 | 43,583,446 | ||||||
Credit Agricole SA:
|
||||||||
0.3%, 8/4/2011
|
125,000,000 | 125,000,000 | ||||||
0.39%, 7/22/2011
|
200,000,000 | 200,000,000 | ||||||
Dexia Credit Local, 144A, 2.375%, 9/23/2011
|
108,000,000 | 108,444,133 | ||||||
HSBC Bank PLC, 0.86%, 7/12/2011
|
55,750,000 | 55,757,284 | ||||||
International Finance Corp., 3.0%, 11/15/2011
|
15,000,000 | 15,145,553 | ||||||
Intesa Sanpaolo SpA, 0.25%, 7/5/2011
|
115,000,000 | 115,000,000 | ||||||
Lloyds TSB Bank PLC:
|
||||||||
0.23%, 8/1/2011
|
69,000,000 | 69,000,000 | ||||||
0.27%, 7/1/2011
|
150,000,000 | 150,000,000 | ||||||
Mizuho Corporate Bank Ltd.:
|
||||||||
0.18%, 7/25/2011
|
50,000,000 | 50,000,000 | ||||||
0.19%, 7/8/2011
|
150,000,000 | 150,000,000 | ||||||
National Australia Bank Ltd., 0.265%, 12/13/2011
|
100,000,000 | 100,002,288 | ||||||
National Bank of Canada, 0.18%, 8/30/2011
|
120,000,000 | 120,000,000 | ||||||
Natixis, 0.21%, 7/1/2011
|
200,000,000 | 200,000,000 | ||||||
Nederlandse Waterschapsbank NV, 1.375%, 2/17/2012
|
44,700,000 | 44,979,201 | ||||||
Nordea Bank Finland PLC:
|
||||||||
0.28%, 7/5/2011
|
60,250,000 | 60,250,033 | ||||||
0.67%, 7/20/2011
|
31,000,000 | 31,004,393 | ||||||
Rabobank Nederland NV, 0.34%, 9/23/2011
|
45,000,000 | 45,001,044 | ||||||
Royal Bank of Scotland NV:
|
||||||||
0.29%, 7/29/2011
|
37,000,000 | 37,000,000 | ||||||
0.31%, 7/1/2011
|
121,000,000 | 121,000,000 | ||||||
Royal Bank of Scotland PLC, 144A, 3.0%, 12/9/2011
|
100,000,000 | 101,135,167 | ||||||
Skandinaviska Enskilda Banken AB:
|
||||||||
0.18%, 8/23/2011
|
50,000,000 | 50,000,000 | ||||||
0.2%, 8/17/2011
|
134,000,000 | 134,000,000 | ||||||
0.2%, 8/23/2011
|
174,500,000 | 174,500,000 | ||||||
0.215%, 7/8/2011
|
200,000,000 | 200,000,000 | ||||||
0.24%, 7/1/2011
|
330,000,000 | 330,000,000 | ||||||
Societe Generale:
|
||||||||
0.2%, 7/5/2011
|
113,000,000 | 113,000,000 | ||||||
0.24%, 9/1/2011
|
132,000,000 | 132,000,000 | ||||||
0.29%, 7/7/2011
|
50,000,000 | 50,000,250 | ||||||
Sumitomo Mitsui Banking Corp.:
|
||||||||
0.19%, 7/6/2011
|
173,000,000 | 173,000,000 | ||||||
0.19%, 7/8/2011
|
78,200,000 | 78,200,000 | ||||||
Svenska Handelsbanken AB:
|
||||||||
0.24%, 7/6/2011
|
150,000,000 | 150,000,000 | ||||||
0.28%, 7/14/2011
|
50,000,000 | 50,000,180 | ||||||
Toronto-Dominion Bank, 0.17%, 8/2/2011
|
270,000,000 | 270,000,000 | ||||||
Total Certificates of Deposit and Bank Notes (Cost $4,770,460,283)
|
4,770,460,283 | |||||||
Commercial Paper 26.8%
|
||||||||
Issued at Discount**
|
||||||||
Abbey National North America LLC, 0.35%, 8/29/2011
|
79,366,000 | 79,320,475 | ||||||
Argento Variable Funding:
|
||||||||
144A, 0.25%, 8/4/2011
|
100,000,000 | 99,976,389 | ||||||
144A, 0.25%, 8/8/2011
|
150,000,000 | 149,960,417 | ||||||
144A, 0.26%, 8/1/2011
|
173,000,000 | 172,961,267 | ||||||
144A, 0.31%, 7/5/2011
|
98,000,000 | 97,996,624 | ||||||
Bank of Nova Scotia, 0.255%, 10/13/2011
|
10,000,000 | 9,992,633 | ||||||
Barclays Bank PLC:
|
||||||||
0.22%, 9/1/2011
|
66,500,000 | 66,474,804 | ||||||
0.3%, 8/8/2011
|
260,000,000 | 259,917,667 | ||||||
0.3%, 8/10/2011
|
50,000,000 | 49,983,333 | ||||||
0.36%, 7/1/2011
|
250,000,000 | 250,000,000 | ||||||
BPCE SA:
|
||||||||
0.27%, 7/26/2011
|
83,678,000 | 83,662,310 | ||||||
0.27%, 7/29/2011
|
115,000,000 | 114,975,850 | ||||||
Caisse d'Amortissement de la Dette Sociale:
|
||||||||
0.21%, 7/7/2011
|
125,250,000 | 125,245,616 | ||||||
0.22%, 8/5/2011
|
9,501,000 | 9,498,968 | ||||||
0.24%, 9/19/2011
|
23,332,000 | 23,319,556 | ||||||
0.25%, 7/25/2011
|
38,000,000 | 37,993,667 | ||||||
DnB NOR Bank ASA, 0.21%, 10/3/2011
|
125,000,000 | 124,931,458 | ||||||
Erste Abwicklungsanstalt:
|
||||||||
0.33%, 11/8/2011
|
70,000,000 | 69,916,583 | ||||||
0.36%, 12/14/2011
|
85,500,000 | 85,358,070 | ||||||
0.37%, 1/9/2012
|
50,000,000 | 49,901,333 | ||||||
0.37%, 1/17/2012
|
50,000,000 | 49,897,222 | ||||||
0.39%, 2/16/2012
|
50,000,000 | 49,875,417 | ||||||
0.4%, 3/14/2012
|
35,000,000 | 34,900,056 | ||||||
General Electric Capital Corp.:
|
||||||||
0.16%, 8/23/2011
|
98,000,000 | 97,976,916 | ||||||
0.19%, 7/18/2011
|
100,000,000 | 99,991,028 | ||||||
General Electric Capital Services, Inc., 0.27%, 10/17/2011
|
25,000,000 | 24,979,750 | ||||||
Grampian Funding LLC:
|
||||||||
144A, 0.25%, 8/9/2011
|
99,000,000 | 98,973,187 | ||||||
144A, 0.26%, 7/14/2011
|
71,000,000 | 70,993,334 | ||||||
144A, 0.26%, 7/19/2011
|
23,000,000 | 22,997,010 | ||||||
144A, 0.27%, 7/13/2011
|
150,000,000 | 149,986,500 | ||||||
144A, 0.28%, 7/7/2011
|
27,000,000 | 26,998,740 | ||||||
144A, 0.28%, 7/8/2011
|
345,000,000 | 344,981,217 | ||||||
144A, 0.28%, 7/11/2011
|
98,241,000 | 98,233,359 | ||||||
Johnson & Johnson:
|
||||||||
144A, 0.17%, 7/18/2011
|
69,750,000 | 69,744,401 | ||||||
144A, 0.19%, 8/22/2011
|
50,000,000 | 49,986,278 | ||||||
144A, 0.2%, 8/22/2011
|
100,000,000 | 99,971,111 | ||||||
144A, 0.2%, 8/30/2011
|
100,000,000 | 99,966,667 | ||||||
144A, 0.22%, 10/4/2011
|
500,000 | 499,710 | ||||||
144A, 0.22%, 11/10/2011
|
100,000,000 | 99,919,333 | ||||||
144A, 0.23%, 8/5/2011
|
50,000,000 | 49,988,819 | ||||||
144A, 0.23%, 8/8/2011
|
50,000,000 | 49,987,861 | ||||||
Kells Funding LLC:
|
||||||||
144A, 0.3%, 1/26/2012
|
25,000,000 | 24,956,458 | ||||||
144A, 0.35%, 2/17/2012
|
43,100,000 | 43,003,205 | ||||||
144A, 0.37%, 3/19/2012
|
25,700,000 | 25,630,796 | ||||||
144A, 0.37%, 4/10/2012
|
80,000,000 | 79,766,489 | ||||||
144A, 0.38%, 4/17/2012
|
25,000,000 | 24,923,208 | ||||||
144A, 0.39%, 7/5/2011
|
35,650,000 | 35,648,455 | ||||||
144A, 0.39%, 9/1/2011
|
50,000,000 | 49,966,417 | ||||||
144A, 0.39%, 9/6/2011
|
97,500,000 | 97,429,231 | ||||||
144A, 0.4%, 7/1/2011
|
44,850,000 | 44,850,000 | ||||||
LMA Americas LLC, 144A, 0.25%, 7/5/2011
|
107,840,000 | 107,837,004 | ||||||
Natixis Commercial Paper Corp.:
|
||||||||
0.28%, 8/10/2011
|
100,000,000 | 99,968,889 | ||||||
0.34%, 7/1/2011
|
150,000,000 | 150,000,000 | ||||||
New York Life Capital Corp., 144A, 0.16%, 7/1/2011
|
21,000,000 | 21,000,000 | ||||||
NRW.Bank:
|
||||||||
0.22%, 7/14/2011
|
94,000,000 | 93,992,532 | ||||||
0.24%, 11/1/2011
|
162,500,000 | 162,366,750 | ||||||
Rabobank USA Financial Corp.:
|
||||||||
0.25%, 9/8/2011
|
4,250,000 | 4,247,964 | ||||||
0.34%, 10/11/2011
|
65,000,000 | 64,937,383 | ||||||
Salisbury Receivables Co., LLC, 144A, 0.13%, 7/18/2011
|
50,000,000 | 49,996,931 | ||||||
Sanofi:
|
||||||||
0.26%, 7/14/2011
|
26,500,000 | 26,497,512 | ||||||
0.3%, 8/15/2011
|
260,000,000 | 259,902,500 | ||||||
0.3%, 8/16/2011
|
72,000,000 | 71,972,400 | ||||||
0.31%, 8/18/2011
|
75,000,000 | 74,969,000 | ||||||
SBAB Bank AB:
|
||||||||
144A, 0.32%, 8/3/2011
|
50,000,000 | 49,985,333 | ||||||
144A, 0.35%, 7/19/2011
|
21,247,000 | 21,243,282 | ||||||
144A, 0.37%, 7/14/2011
|
50,000,000 | 49,993,319 | ||||||
144A, 0.39%, 7/5/2011
|
31,000,000 | 30,998,657 | ||||||
144A, 0.39%, 7/7/2011
|
80,000,000 | 79,994,800 | ||||||
Scaldis Capital LLC, 0.21%, 7/27/2011
|
4,000,000 | 3,999,393 | ||||||
Shell International Finance BV, 0.345%, 7/5/2011
|
98,100,000 | 98,096,239 | ||||||
Straight-A Funding LLC:
|
||||||||
144A, 0.12%, 7/12/2011
|
159,000,000 | 158,994,170 | ||||||
144A, 0.15%, 8/16/2011
|
25,612,000 | 25,607,091 | ||||||
Swedbank AB:
|
||||||||
0.26%, 7/13/2011
|
4,250,000 | 4,249,632 | ||||||
0.26%, 7/25/2011
|
133,000,000 | 132,976,947 | ||||||
0.26%, 7/27/2011
|
126,000,000 | 125,976,340 | ||||||
0.26%, 8/1/2011
|
22,000,000 | 21,995,074 | ||||||
0.27%, 7/11/2011
|
33,000,000 | 32,997,525 | ||||||
0.27%, 7/26/2011
|
88,400,000 | 88,383,425 | ||||||
0.29%, 7/7/2011
|
39,707,000 | 39,705,081 | ||||||
0.3%, 7/6/2011
|
50,000,000 | 49,997,917 | ||||||
0.32%, 7/7/2011
|
25,000,000 | 24,998,667 | ||||||
0.34%, 7/1/2011
|
32,000,000 | 32,000,000 | ||||||
0.34%, 7/5/2011
|
35,000,000 | 34,998,678 | ||||||
0.34%, 7/6/2011
|
150,000,000 | 149,992,917 | ||||||
Tasman Funding, Inc.:
|
||||||||
144A, 0.23%, 9/6/2011
|
25,047,000 | 25,036,278 | ||||||
144A, 0.28%, 7/7/2011
|
55,067,000 | 55,064,430 | ||||||
Toronto Dominion Holdings USA, Inc., 0.135%, 7/15/2011
|
250,000 | 249,987 | ||||||
Total Capital Canada Ltd., 144A, 0.31%, 9/15/2011
|
15,000,000 | 14,990,183 | ||||||
UOB Funding LLC:
|
||||||||
0.23%, 8/16/2011
|
41,000,000 | 40,987,951 | ||||||
0.32%, 7/20/2011
|
50,000,000 | 49,991,556 | ||||||
0.42%, 10/13/2011
|
45,000,000 | 44,945,400 | ||||||
Victory Receivables Corp.:
|
||||||||
144A, 0.18%, 7/5/2011
|
103,192,000 | 103,189,936 | ||||||
144A, 0.18%, 7/6/2011
|
80,000,000 | 79,998,000 | ||||||
144A, 0.18%, 7/14/2011
|
40,000,000 | 39,997,400 | ||||||
Walt Disney Co.:
|
||||||||
0.08%, 7/8/2011
|
25,000,000 | 24,999,611 | ||||||
0.11%, 8/5/2011
|
10,000,000 | 9,998,931 | ||||||
0.14%, 7/29/2011
|
20,000,000 | 19,997,822 | ||||||
Westpac Banking Corp.:
|
||||||||
0.19%, 7/29/2011
|
46,900,000 | 46,893,069 | ||||||
0.225%, 9/6/2011
|
30,000,000 | 29,987,437 | ||||||
0.31%, 11/7/2011
|
3,700,000 | 3,695,890 | ||||||
Total Commercial Paper (Cost $7,113,306,428)
|
7,113,306,428 | |||||||
Government & Agency Obligations 5.2%
|
||||||||
Foreign Government Obligations 0.3%
|
||||||||
Kingdom of Denmark, 2.75%, 11/15/2011
|
88,200,000 | 88,962,184 | ||||||
Other Government Related (a) 0.9%
|
||||||||
European Investment Bank, 0.11%, 8/15/2011
|
200,000,000 | 199,972,500 | ||||||
International Bank for Reconstruction & Development:
|
||||||||
0.059%**, 8/8/2011
|
33,000,000 | 32,997,910 | ||||||
0.24%*, 7/13/2011
|
6,500,000 | 6,500,066 | ||||||
239,470,476 | ||||||||
US Government Sponsored Agencies 3.1%
|
||||||||
Federal Farm Credit Bank:
|
||||||||
0.17%*, 11/2/2011
|
60,000,000 | 59,998,981 | ||||||
0.258%**, 10/20/2011
|
39,000,000 | 38,968,735 | ||||||
0.318%**, 12/16/2011
|
10,000,000 | 9,985,067 | ||||||
Federal Home Loan Bank:
|
||||||||
0.001%**, 7/1/2011
|
1,343,000 | 1,343,000 | ||||||
0.089%**, 9/21/2011
|
40,000,000 | 39,991,800 | ||||||
0.13%, 1/23/2012
|
11,000,000 | 10,997,956 | ||||||
0.237%*, 10/6/2011
|
40,000,000 | 40,011,249 | ||||||
0.25%, 10/28/2011
|
42,000,000 | 41,998,867 | ||||||
0.26%, 11/23/2011
|
28,000,000 | 27,996,218 | ||||||
0.26%, 11/29/2011
|
27,055,000 | 27,053,511 | ||||||
0.267%**, 9/12/2011
|
18,000,000 | 17,990,145 | ||||||
Federal Home Loan Mortgage Corp.:
|
||||||||
0.119%**, 1/11/2012
|
25,000,000 | 24,983,833 | ||||||
0.129%**, 10/24/2011
|
35,000,000 | 34,985,465 | ||||||
0.15%*, 2/10/2012
|
41,200,000 | 41,207,994 | ||||||
Federal National Mortgage Association:
|
||||||||
0.028%**, 7/14/2011
|
75,000,000 | 74,999,187 | ||||||
0.077%**, 7/21/2011
|
30,000,000 | 29,998,667 | ||||||
0.086%*, 7/27/2011
|
33,800,000 | 33,798,410 | ||||||
0.118%**, 8/22/2011
|
70,000,000 | 69,987,867 | ||||||
0.147%**, 8/22/2011
|
107,000,000 | 106,976,817 | ||||||
0.149%**, 10/20/2011
|
20,000,000 | 19,990,750 | ||||||
0.165%**, 9/14/2011
|
52,500,000 | 52,481,953 | ||||||
0.189%**, 1/3/2012
|
20,000,000 | 19,980,367 | ||||||
825,726,839 | ||||||||
US Treasury Obligations 0.9%
|
||||||||
US Treasury Bills:
|
||||||||
0.005%**, 7/14/2011
|
3,951,000 | 3,950,993 | ||||||
0.005%**, 9/1/2011
|
3,100,000 | 3,099,973 | ||||||
0.01%**, 8/11/2011
|
941,000 | 940,989 | ||||||
0.015%**, 8/11/2011
|
8,061,000 | 8,060,862 | ||||||
0.02%**, 8/4/2011
|
2,000,000 | 1,999,962 | ||||||
0.03%**, 8/25/2011
|
35,151,000 | 35,149,389 | ||||||
0.03%**, 9/8/2011
|
8,702,000 | 8,701,500 | ||||||
0.035%**, 9/15/2011
|
12,855,000 | 12,854,050 | ||||||
0.037%**, 8/11/2011
|
1,703,000 | 1,702,930 | ||||||
0.04%**, 8/18/2011
|
8,550,000 | 8,549,544 | ||||||
0.045%**, 8/25/2011
|
496,000 | 495,966 | ||||||
0.045%**, 12/8/2011
|
1,656,000 | 1,655,669 | ||||||
0.05%**, 11/17/2011
|
3,499,000 | 3,498,325 | ||||||
0.05%**, 11/25/2011
|
45,000,000 | 44,990,813 | ||||||
0.065%**, 7/14/2011
|
448,000 | 447,989 | ||||||
0.08%**, 7/7/2011
|
2,983,000 | 2,982,960 | ||||||
0.095%**, 7/7/2011
|
2,000,000 | 1,999,968 | ||||||
0.115%**, 10/13/2011
|
10,496,000 | 10,492,513 | ||||||
0.16%**, 9/29/2011
|
10,000,000 | 9,996,000 | ||||||
US Treasury Notes:
|
||||||||
4.5%, 11/30/2011
|
34,500,000 | 35,099,825 | ||||||
4.625%, 8/31/2011
|
31,000,000 | 31,228,519 | ||||||
227,898,739 | ||||||||
Total Government & Agency Obligations (Cost $1,382,058,238)
|
1,382,058,238 | |||||||
Short-Term Notes* 17.6%
|
||||||||
Abbey National Treasury Services PLC, 0.38%, 9/2/2011
|
213,500,000 | 213,500,000 | ||||||
Australia & New Zealand Banking Group Ltd., 144A, 0.31%, 1/20/2012
|
72,000,000 | 72,000,000 | ||||||
Bank of Nova Scotia:
|
||||||||
0.17%, 11/4/2011
|
135,000,000 | 135,000,000 | ||||||
0.2%, 8/25/2011
|
150,000,000 | 150,000,000 | ||||||
0.25%, 9/12/2011
|
104,450,000 | 104,450,000 | ||||||
0.33%, 12/8/2011
|
85,000,000 | 85,000,000 | ||||||
Barclays Bank PLC, 0.505%, 7/19/2011
|
166,000,000 | 166,000,000 | ||||||
Bayerische Landesbank, 0.245%, 7/23/2012
|
40,000,000 | 40,000,000 | ||||||
Caisse d'Amortissement de la Dette Sociale, 144A, 0.273%, 5/25/2012
|
315,000,000 | 314,968,616 | ||||||
Canadian Imperial Bank of Commerce:
|
||||||||
0.18%, 8/8/2011
|
163,000,000 | 163,000,000 | ||||||
0.265%, 4/26/2012
|
200,000,000 | 200,000,000 | ||||||
0.269%, 10/11/2011
|
15,000,000 | 15,001,689 | ||||||
Commonwealth Bank of Australia:
|
||||||||
144A, 0.288%, 2/3/2012
|
135,000,000 | 135,000,000 | ||||||
144A, 0.29%, 4/30/2012
|
40,000,000 | 40,000,000 | ||||||
General Electric Capital Corp., 0.33%, 8/15/2011
|
94,895,000 | 94,904,699 | ||||||
International Business Machines Corp., 0.852%, 7/28/2011
|
33,980,000 | 33,996,248 | ||||||
JPMorgan Chase Bank NA, 0.275%, 7/9/2012
|
250,000,000 | 250,000,000 | ||||||
Kells Funding LLC:
|
||||||||
144A, 0.279%, 5/4/2012
|
125,000,000 | 125,000,000 | ||||||
144A, 0.285%, 1/19/2012
|
27,000,000 | 27,000,000 | ||||||
144A, 0.287%, 8/15/2011
|
125,000,000 | 125,000,000 | ||||||
144A, 0.289%, 1/9/2012
|
64,000,000 | 63,997,244 | ||||||
144A, 0.291%, 2/27/2012
|
56,000,000 | 56,000,000 | ||||||
144A, 0.315%, 2/24/2012
|
147,500,000 | 147,500,000 | ||||||
144A, 0.323%, 4/16/2012
|
150,000,000 | 150,000,000 | ||||||
Lloyds TSB Bank PLC, 0.265%, 5/11/2012
|
140,000,000 | 140,000,000 | ||||||
Metropolitan Life Global Funding I, 144A, 2.304%, 7/1/2011
|
40,000,000 | 40,000,000 | ||||||
Nordea Bank Finland PLC, 0.523%, 2/3/2012
|
35,000,000 | 35,042,458 | ||||||
Rabobank Nederland NV:
|
||||||||
0.26%, 5/16/2012
|
50,000,000 | 50,000,000 | ||||||
0.269%, 1/10/2012
|
108,250,000 | 108,250,000 | ||||||
0.28%, 4/24/2012
|
133,000,000 | 133,000,000 | ||||||
0.29%, 8/8/2011
|
238,200,000 | 238,200,000 | ||||||
144A, 0.33%, 6/15/2012
|
75,000,000 | 75,000,000 | ||||||
144A, 0.396%, 9/28/2011
|
82,000,000 | 82,029,893 | ||||||
Royal Bank of Canada:
|
||||||||
0.27%, 8/16/2011
|
20,000,000 | 20,002,271 | ||||||
0.29%, 8/12/2011
|
115,000,000 | 115,000,000 | ||||||
0.923%, 7/29/2011
|
2,000,000 | 2,001,048 | ||||||
Societe Generale, 0.19%, 8/1/2011
|
26,000,000 | 26,000,000 | ||||||
Svenska Handelsbanken AB:
|
||||||||
144A, 0.291%, 6/29/2012
|
80,000,000 | 80,000,000 | ||||||
144A, 0.403%, 11/9/2011
|
19,000,000 | 19,000,000 | ||||||
Toronto-Dominion Bank, 0.209%, 5/11/2012
|
130,500,000 | 130,500,000 | ||||||
Westpac Banking Corp.:
|
||||||||
0.25%, 10/12/2011
|
132,000,000 | 132,000,000 | ||||||
0.264%, 2/13/2012
|
49,000,000 | 49,000,000 | ||||||
0.27%, 11/21/2011
|
100,000,000 | 100,000,000 | ||||||
0.279%, 5/9/2012
|
60,000,000 | 60,000,000 | ||||||
144A, 0.323%, 10/28/2011
|
46,000,000 | 46,003,465 | ||||||
0.34%, 1/10/2012
|
85,000,000 | 85,000,000 | ||||||
Total Short-Term Notes (Cost $4,673,347,631)
|
4,673,347,631 | |||||||
Time Deposits 11.4%
|
||||||||
Bank of Nova Scotia, 0.0001%, 7/1/2011
|
200,000,000 | 200,000,000 | ||||||
Barclays Bank PLC, 0.02%, 7/1/2011
|
325,000,000 | 325,000,000 | ||||||
Citibank NA:
|
||||||||
0.07%, 7/1/2011
|
25,000,000 | 25,000,000 | ||||||
0.09%, 7/5/2011
|
11,508,176 | 11,508,176 | ||||||
0.12%, 7/7/2011
|
150,000,000 | 150,000,000 | ||||||
KBC Bank NV, 0.0001%, 7/1/2011
|
600,000,000 | 600,000,000 | ||||||
National Australia Bank Ltd., 0.01%, 7/1/2011
|
25,000,000 | 25,000,000 | ||||||
State Street Euro Dollar, 0.01%, 7/1/2011
|
1,100,000,000 | 1,100,000,000 | ||||||
Svenska Handelsbanken AB, 0.0001%, 7/1/2011
|
600,000,000 | 600,000,000 | ||||||
Total Time Deposits (Cost $3,036,508,176)
|
3,036,508,176 | |||||||
Municipal Investments 18.0%
|
||||||||
Albemarle County, VA, Economic Development Authority, Hospital Revenue, Martha Jefferson Hospital, Series B, 0.08%***, 10/1/2048, LOC: Branch Banking & Trust
|
6,000,000 | 6,000,000 | ||||||
Allegheny County, PA, RBC Municipal Products, Inc. Trust Certificates, Series E-16, 144A, 0.09%***, 4/15/2039, LIQ: Royal Bank of Canada, LOC: Royal Bank of Canada
|
22,490,000 | 22,490,000 | ||||||
Appleton, WI, Redevelopment Authority Revenue, Fox Cities Performing Arts Center, Inc., Series B, 0.1%***, 6/1/2036, LOC: JPMorgan Chase Bank
|
18,400,000 | 18,400,000 | ||||||
Arizona, Board of Regents, State University Systems Revenue, Series A, 0.05%***, 7/1/2034, LOC: Lloyds TSB Bank PLC
|
4,315,000 | 4,315,000 | ||||||
Arizona, Health Facilities Authority Revenue, Banner Health System, Series B, 0.04%***, 1/1/2035, LOC: Scotiabank
|
13,460,000 | 13,460,000 | ||||||
Arizona, Health Facilities Authority Revenue, Catholic West:
|
||||||||
Series A, 0.07%***, 7/1/2035, LOC: JPMorgan Chase Bank
|
18,300,000 | 18,300,000 | ||||||
Series B, 0.09%***, 7/1/2035, LOC: Bank of America NA
|
19,000,000 | 19,000,000 | ||||||
Atlanta, GA, Airport Revenue, 0.3%, 8/4/2011
|
50,000,000 | 50,000,000 | ||||||
Beaver County, PA, Industrial Development Authority, Pollution Control Revenue, FirstEnergy Nuclear Generation Corp., Series B, 0.06%***, 12/1/2035, GTY: FirstEnergy Solutions, LOC: Citibank NA
|
9,795,000 | 9,795,000 | ||||||
BlackRock Municipal Intermediate Duration Fund, Inc., Series W-7-2871, 144A, AMT, 0.24%***, 3/1/2041, LIQ: JPMorgan Chase Bank
|
30,000,000 | 30,000,000 | ||||||
BlackRock MuniHoldings New Jersey Quality Fund, Inc., Series W-7-1727, 144A, 0.29%***, 7/1/2041, LIQ: Bank of America NA
|
30,000,000 | 30,000,000 | ||||||
BlackRock MuniHoldings New York Quality Fund, Inc., Series W-7-2436, 144A, 0.29%***, 7/1/2041, LIQ: Bank of America NA
|
40,000,000 | 40,000,000 | ||||||
BlackRock MuniYield Fund, Inc., Series W-7-2514, 144A, 0.29%***, 7/1/2041, LIQ: Bank of America NA
|
25,000,000 | 25,000,000 | ||||||
BlackRock MuniYield Quality Fund III, Inc., 144A, 0.29%***, 6/1/2041, LIQ: Citibank NA
|
44,500,000 | 44,500,000 | ||||||
BlackRock MuniYield California Quality Fund, Inc., Series W-7-1665, 144A, AMT, 0.29%***, 5/1/2041, LIQ: Citibank NA
|
13,500,000 | 13,500,000 | ||||||
BlackRock MuniYield New York Quality Fund, Inc., Series W-7-2477, 144A, AMT, 0.29%***, 5/1/2041, LIQ: Citibank NA
|
26,300,000 | 26,300,000 | ||||||
Blount County, TN, Public Building Authority, Local Government Public Improvement:
|
||||||||
Series E-5-A, 0.1%***, 6/1/2030, LOC: Branch Banking & Trust
|
45,100,000 | 45,100,000 | ||||||
Series E-5-B, 0.1%***, 6/1/2042, LOC: Branch Banking & Trust
|
12,785,000 | 12,785,000 | ||||||
California, ABAG Finance Authority for Non-Profit Corporations, Multi-Family Housing Revenue, Crossing Apartments, Series A, AMT, 0.08%***, 12/15/2037, LIQ: Fannie Mae
|
9,000,000 | 9,000,000 | ||||||
California, Bay Area Toll Authority, Toll Bridge Revenue:
|
||||||||
Series D-2, 0.03%***, 4/1/2047, LOC: JPMorgan Chase Bank
|
39,200,000 | 39,200,000 | ||||||
Series A-1, 144A, 0.04%***, 4/1/2047, LOC: Bank of America NA
|
21,000,000 | 21,000,000 | ||||||
Series A-2, 0.04%***, 4/1/2047, LOC: Union Bank NA
|
20,500,000 | 20,500,000 | ||||||
California, Bay Area Toll Authority, Toll Bridge Revenue, San Francisco Bay Area:
|
||||||||
Series D-1, 0.03%***, 4/1/2045, LOC: Lloyds TSB Bank PLC
|
10,500,000 | 10,500,000 | ||||||
Series C-1, 0.04%***, 4/1/2047, LOC: JPMorgan Chase Bank
|
48,750,000 | 48,750,000 | ||||||
Series E-3, 0.04%***, 4/1/2047, LOC: Bank of America NA
|
25,000,000 | 25,000,000 | ||||||
California, Board of Regents, State University Systems Revenue, 0.17%, 7/7/2011
|
25,831,000 | 25,830,268 | ||||||
California, Housing Finance Agency Revenue, Series A, AMT, 0.07%***, 8/1/2035, LOC: Fannie Mae & Freddie Mac
|
8,435,000 | 8,435,000 | ||||||
California, Housing Finance Agency Revenue, Home Mortgage, Series D, 144A, AMT, 0.07%***, 2/1/2040, LOC: Fannie Mae & Freddie Mac
|
29,325,000 | 29,325,000 | ||||||
California, Housing Finance Agency Revenue, Multi-Family Housing:
|
||||||||
Series A, AMT, 0.06%***, 2/1/2041, LOC: Fannie Mae, Freddie Mac
|
20,345,000 | 20,345,000 | ||||||
Series C, AMT, 0.06%***, 2/1/2033, LOC: Fannie Mae, Freddie Mac
|
13,500,000 | 13,500,000 | ||||||
Series C, AMT, 0.06%***, 8/1/2037, LOC: Fannie Mae, Freddie Mac
|
15,470,000 | 15,470,000 | ||||||
Series III-D, AMT, 0.06%***, 2/1/2038, LOC: Fannie Mae, Freddie Mac
|
17,125,000 | 17,125,000 | ||||||
California, State General Obligation, Series B-1, 0.06%***, 5/1/2040, LOC: Bank of America NA
|
20,000,000 | 20,000,000 | ||||||
California, Statewide Communities Development Authority Revenue, Series 2089, 144A, 0.09%***, 10/1/2036, GTY: Wells Fargo & Co., LIQ: Wells Fargo Bank NA
|
6,440,000 | 6,440,000 | ||||||
California, Statewide Communities Development Authority Revenue, LA County Museum of Art, Series B, 0.05%***, 12/1/2037, LOC: Union Bank NA
|
35,000,000 | 35,000,000 | ||||||
California, Statewide Communities Development Authority Revenue, Retirement Housing Foundation, 0.08%***, 9/1/2030, LOC: KBC Bank NV
|
35,560,000 | 35,560,000 | ||||||
California, Statewide Communities Development Authority, Multi-Family Housing Revenue, Bay Vista At Meadow Park, Series NN-1, AMT, 0.08%***, 11/15/2037, LIQ: Fannie Mae
|
29,320,000 | 29,320,000 | ||||||
California, Wells Fargo Stage Trust, Series 25C, 144A, 0.09%***, 11/1/2041, GTY: Wells Fargo Bank NA, LIQ: Wells Fargo Bank NA
|
3,525,000 | 3,525,000 | ||||||
Carroll County, KY, Environmental Facilities Revenue, Utilities Company Project, Series A, AMT, 0.1%***, 2/1/2032, LOC: Sumitomo Mitsui Banking
|
40,000,000 | 40,000,000 | ||||||
Channahon, IL, Morris Hospital Revenue, 0.08%***, 12/1/2034, LOC: US Bank NA
|
5,220,000 | 5,220,000 | ||||||
Clark County, NV, Passenger Facility Charge Revenue, McCarran International Airport, Series F-2, 0.11%***, 7/1/2022, LOC: Union Bank NA
|
18,000,000 | 18,000,000 | ||||||
Cleveland, OH, Airport Systems Revenue, Series D, 0.08%***, 1/1/2024, LOC: PNC Bank NA
|
11,000,000 | 11,000,000 | ||||||
Cleveland-Cuyahoga County, OH, Port Authority Revenue, Carnegie/89th Garage Project, 0.07%***, 1/1/2037, LOC: JPMorgan Chase Bank
|
18,125,000 | 18,125,000 | ||||||
Cohoes, NY, Industrial Development Agency, Urban Cultural Park Facility Revenue, Eddy Cohoes Project, 0.06%***, 12/1/2033, LOC: Bank of America NA
|
18,000,000 | 18,000,000 | ||||||
Colorado, Educational & Cultural Facilities Authority Revenue, Fremont Christian School Project, 0.06%***, 6/1/2038, LOC: US Bank NA
|
12,500,000 | 12,500,000 | ||||||
Colorado, Health Facilities Authority Revenue, Covenant Retirement, Series A, 0.08%***, 12/1/2029, LOC: LaSalle Bank NA
|
12,900,000 | 12,900,000 | ||||||
Colorado, Health Facilities Authority Revenue, Fraiser Meadows Community Project, 0.08%***, 6/1/2038, LOC: JPMorgan Chase Bank
|
14,000,000 | 14,000,000 | ||||||
Colorado, Housing & Finance Authority, Series I-A1, 144A, 0.13%***, 10/1/2036, LIQ: Barclays Bank PLC (b)
|
20,690,000 | 20,690,000 | ||||||
Colorado, Housing Finance Authority, Single Family Mortgage Revenue:
|
||||||||
"I", Series B-1, 0.14%***, 5/1/2038, LOC: Fannie Mae & Freddie Mac (b)
|
33,525,000 | 33,525,000 | ||||||
"I", Series A-2, 0.15%***, 5/1/2038, LOC: Fannie Mae & Freddie Mac (b)
|
25,280,000 | 25,280,000 | ||||||
Colorado, Meridian Village Metropolitan, RBC Municipal Products, Inc. Trust, Series C-11, 144A, 0.09%***, 12/1/2031, LIQ: Royal Bank of Canada, LOC: Royal Bank of Canada
|
17,580,000 | 17,580,000 | ||||||
Colorado Springs, CO, Utilities Revenue, Series C, 0.07%***, 11/1/2040, SPA: JPMorgan Chase Bank
|
29,750,000 | 29,750,000 | ||||||
Columbus, OH, Regional Airport Authority Revenue, Pooled Financing Program, Series A, 0.09%***, 1/1/2030, LOC: US Bank NA
|
8,535,000 | 8,535,000 | ||||||
Contra Costa County, CA, Multi-Family Housing Revenue, Creekview Apartments, Series B, 144A, AMT, 0.08%***, 7/1/2036, LIQ: Freddie Mac
|
6,000,000 | 6,000,000 | ||||||
Cuyahoga County, OH, Housing Revenue, Euclid Avenue Housing Corp., Series A, 0.08%***, 8/1/2042, LOC: PNC Bank NA
|
10,000,000 | 10,000,000 | ||||||
District of Columbia, University Revenue, Wells Fargo Stage Trust, Series 57C, 144A, 0.1%***, 4/1/2034, GTY: Wells Fargo Bank NA, LIQ: Wells Fargo Bank NA
|
24,995,000 | 24,995,000 | ||||||
Erie County, PA, Hospital Authority, Health Facilities Revenue, St. Mary's Home Erie Project, Series A, 0.13%***, 7/1/2038, LOC: Bank of America NA
|
8,200,000 | 8,200,000 | ||||||
Florida, Development Finance Corp., Enterprise Board Industrial Development Program, Out of Door Academy, 0.11%***, 7/1/2038, LOC: Northern Trust Co.
|
12,910,000 | 12,910,000 | ||||||
Florida, Gulf Coast University Financing Corp., Capital Improvement Revenue, Housing Project, Series A, 0.06%***, 2/1/2038, LOC: Bank of America NA
|
21,165,000 | 21,165,000 | ||||||
Florida, Halifax Hospital Medical Center Revenue, 0.08%***, 6/1/2048, LOC: JPMorgan Chase & Co.
|
35,000,000 | 35,000,000 | ||||||
Florida, Housing Finance Corp., Multi-Family Revenue, Victoria Park, Series J-1, 0.1%***, 10/15/2032, LIQ: Fannie Mae
|
8,920,000 | 8,920,000 | ||||||
Florida, Keys Aqueduct Authority Water Revenue, 0.05%***, 9/1/2035, LOC: TD Bank NA
|
16,200,000 | 16,200,000 | ||||||
Florida, Sunshine State Governmental Financing Commission Revenue, Miami Dade County Program, Series B, 0.07%***, 9/1/2032, LOC: JPMorgan Chase Bank
|
28,500,000 | 28,500,000 | ||||||
Fort Smith, AR, Mitsubishi Power Systems Revenue, Recovery Zone Facility Bonds, 0.13%***, 10/1/2040, LOC: Bank of Tokyo-Mitsubishi UFJ
|
8,000,000 | 8,000,000 | ||||||
Fremont, CA, Certificates of Participation, 0.06%***, 8/1/2038, LOC: US Bank NA
|
21,000,000 | 21,000,000 | ||||||
Galveston County, TX, General Obligation, Series R-11275WF, 144A, 0.08%***, 8/1/2023, GTY: Wells Fargo & Co., INS: NATL, LIQ: Wells Fargo & Co.
|
9,430,000 | 9,430,000 | ||||||
Georgia, Main Street Natural Gas, Inc., Gas Project Revenue, Series A, 0.09%***, 8/1/2040, SPA: Royal Bank of Canada
|
19,800,000 | 19,800,000 | ||||||
Georgia, Metropolitan Rapid Transportation Authority, Sales Tax Revenue, Series A, 144A, 0.06%***, 7/1/2025, LOC: JPMorgan Chase Bank
|
10,600,000 | 10,600,000 | ||||||
Georgia, Private Colleges & Universities Authority Revenue, Emory University, Series C-4, 0.04%***, 9/1/2036
|
18,600,000 | 18,600,000 | ||||||
Georgia, Private Colleges & Universities Authority Revenue, Mercer University Project, Series A, 0.09%***, 10/1/2036, LOC: Branch Banking & Trust
|
11,040,000 | 11,040,000 | ||||||
Harris County, TX, Cultural Education Facilities Finance Corp. Revenue, Memorial Hermann Hospital Systems, Series D-3, 0.1%***, 6/1/2029, LOC: Bank of America NA
|
15,100,000 | 15,100,000 | ||||||
Hawaii, Pacific Health Special Purpose Revenue, Department of Budget & Finance:
|
||||||||
Series B-1, 0.07%***, 7/1/2033, LOC: JPMorgan Chase Bank
|
25,000,000 | 25,000,000 | ||||||
Series B-2, 0.07%***, 7/1/2033, LOC: JPMorgan Chase Bank
|
25,000,000 | 25,000,000 | ||||||
Highlands County, FL, Health Facilities Authority Revenue, Adventist Health Hospital:
|
||||||||
Series F, 0.06%***, 11/15/2035, LOC: Wells Fargo Bank NA
|
11,000,000 | 11,000,000 | ||||||
Series D, 0.08%***, 11/15/2037, LOC: Bank of America NA
|
31,410,000 | 31,410,000 | ||||||
Houston, TX, RBC Municipal Products, Inc. Trust Certificates, Utility Systems Revenue, Series E-14, 144A, 0.09%***, 5/15/2034, LIQ: Royal Bank of Canada, LOC: Royal Bank of Canada
|
24,070,000 | 24,070,000 | ||||||
Houston, TX, Water & Sewer System Revenue, Series 27TPZ, 144A, 0.08%***, 12/1/2028, GTY: Wells Fargo Bank NA, INS: AGMC, LIQ: Wells Fargo Bank NA, LOC: Wells Fargo Bank NA
|
15,130,000 | 15,130,000 | ||||||
Idaho, Health Facilities Authority Revenue, St. Luke's Health Systems Project, Series A, 0.08%***, 11/1/2043, LOC: Wells Fargo Bank NA
|
10,000,000 | 10,000,000 | ||||||
Illinois, Development Finance Authority Revenue, Chicago Symphony Project, 0.08%***, 12/1/2033, LOC: Bank One NA
|
12,500,000 | 12,500,000 | ||||||
Illinois, Eclipse Funding Trust, Solar Eclipse, Springfield Electric Revenue, Series 2006-0007, 144A, 0.08%***, 3/1/2030, LIQ: US Bank NA, LOC: US Bank NA
|
22,550,000 | 22,550,000 | ||||||
Illinois, Educational Facilities Authority Revenues, Field Museum of Natural History, 144A, 0.09%***, 11/1/2032, LOC: Bank of America NA
|
28,900,000 | 28,900,000 | ||||||
Illinois, Finance Authority Revenue:
|
||||||||
Series A, 0.08%***, 11/15/2022, INS: Radian, LOC: JPMorgan Chase Bank
|
12,085,000 | 12,085,000 | ||||||
Series 15C, 144A, 0.1%***, 10/1/2040, GTY: Wells Fargo Bank NA, LIQ: Wells Fargo Bank NA
|
24,405,000 | 24,405,000 | ||||||
Illinois, Finance Authority Revenue, Rehabilitation Institute of Chicago, Series A, 0.06%***, 4/1/2039, LOC: JPMorgan Chase Bank
|
13,280,000 | 13,280,000 | ||||||
Illinois, State Toll Highway Authority Revenue, Series A-1A, 0.09%***, 1/1/2031, INS: AGMC, SPA: JPMorgan Chase Bank
|
51,500,000 | 51,500,000 | ||||||
Indiana, Finance Authority Hospital Revenue, Community Foundation of Northwest Indiana, 0.06%***, 8/1/2029, LOC: Harris NA
|
6,195,000 | 6,195,000 | ||||||
Indiana, Finance Authority Hospital Revenue, Parkview Health Systems, Series B, 0.06%***, 11/1/2039, LOC: Wells Fargo Bank NA
|
12,490,000 | 12,490,000 | ||||||
Indiana, Finance Authority Hospital Revenue, Indiana University Health:
|
||||||||
Series A, 0.05%***, 3/1/2033, LOC: Northern Trust Co.
|
16,550,000 | 16,550,000 | ||||||
Series J, 0.14%***, 3/1/2033, LOC: JPMorgan Chase Bank (b)
|
15,625,000 | 15,625,000 | ||||||
Indiana, IPS Multi-School Building Corp., Series R-885WF, 144A, 0.09%***, 1/15/2025, GTY: Wells Fargo & Co., INS: AGMC, LIQ: Wells Fargo & Co.
|
7,545,000 | 7,545,000 | ||||||
Indiana, State Finance Authority Revenue, Ascension Health Credit Group, Series E-7, 0.06%***, 11/15/2033
|
23,600,000 | 23,600,000 | ||||||
Indiana, Wells Fargo Stage Trust, Series 41C, 144A, 0.1%***, 1/1/2021, GTY: Wells Fargo Bank NA, LIQ: Wells Fargo Bank NA
|
16,785,000 | 16,785,000 | ||||||
Irvine Ranch, CA, Water District, 0.05%***, 1/1/2021, LOC: Sumitomo Mitsui Banking
|
7,300,000 | 7,300,000 | ||||||
Jacksonville, FL, Electronic Systems Revenue, 0.15%, 7/6/2011
|
32,000,000 | 32,000,000 | ||||||
Johnson City, TN, Health & Educational Facilities Board Hospital Revenue, Series B-3, 0.16%***, 7/1/2033, LOC: Mizuho Corporate Bank (b)
|
19,050,000 | 19,050,000 | ||||||
Kansas, State Department of Transportation Highway Revenue:
|
||||||||
Series A-5, 0.05%***, 9/1/2015, SPA: US Bank NA
|
16,650,000 | 16,650,000 | ||||||
Series C-2, 0.05%***, 9/1/2022, SPA: JPMorgan Chase Bank
|
10,000,000 | 10,000,000 | ||||||
Series C-3, 0.05%***, 9/1/2023, SPA: JPMorgan Chase Bank
|
14,500,000 | 14,500,000 | ||||||
Kansas City, MO, Industrial Development Authority, Student Housing Facilities Revenue, Oak Street West Student, 144A, 0.09%***, 8/1/2038, LOC: Bank of America NA
|
30,160,000 | 30,160,000 | ||||||
Kansas City, MO, Special Obligation, H. Roe Bartle Scout Reservation, Series E, 0.09%***, 4/15/2034, LOC: Bank of America NA
|
27,500,000 | 27,500,000 | ||||||
Knox County, TN, Health Education & Housing Facilities Board, Hospital Facilities Revenue, Covenant Health, Series B, 0.09%***, 1/1/2033, LOC: Bank of America NA
|
24,000,000 | 24,000,000 | ||||||
Ladysmith, WI, Industrial Development Revenue, Indeck Ladysmith LLC Project, Series A, 0.08%***, 8/1/2027, LOC: Wells Fargo Bank NA
|
8,400,000 | 8,400,000 | ||||||
Lincoln County, WY, Pollution Control Revenue, Pacificorp Project, 0.08%***, 1/1/2016, LOC: Wells Fargo Bank NA
|
11,250,000 | 11,250,000 | ||||||
Los Angeles County, CA, Multi-Family Housing Authority Revenue, Canyon Country Villas Project, Series H, 0.06%***, 12/1/2032, LIQ: Freddie Mac
|
13,300,000 | 13,300,000 | ||||||
Maine, State Housing Authority, Mortgage Purchase Revenue, Series D, AMT, 0.11%***, 11/15/2042, SPA: KBC Bank NV
|
10,000,000 | 10,000,000 | ||||||
Maricopa County, AZ, Industrial Development Authority, Senior Living Facilities Revenue, Christian Care Apartments, Series A, 0.08%***, 9/15/2035, LIQ: Fannie Mae
|
10,960,000 | 10,960,000 | ||||||
Maryland, State Health & Higher Educational Facilities Authority Revenue, Suburban Hospital, 0.08%***, 7/1/2029, LOC: PNC Bank NA
|
10,560,000 | 10,560,000 | ||||||
Maryland, State Health & Higher Educational Facilities Authority Revenue, Upper Chesapeake Hospital, Series B, 0.1%***, 1/1/2043, LOC: Branch Banking & Trust
|
17,605,000 | 17,605,000 | ||||||
Massachusetts, State Department of Transportation, Metropolitan Highway Systems Revenue, Contract Assistance:
|
||||||||
Series A-1, 0.05%***, 1/1/2029, SPA: TD Bank NA
|
28,900,000 | 28,900,000 | ||||||
Series A-3, 0.06%***, 1/1/2039, LOC: Bank of America NA
|
38,845,000 | 38,845,000 | ||||||
Series A-4, 0.03%***, 1/1/2039, SPA: Barclays Bank PLC
|
14,950,000 | 14,950,000 | ||||||
Massachusetts, State Development Finance Agency Revenue, Clark University, 0.07%***, 10/1/2038, LOC: TD Bank NA
|
4,725,000 | 4,725,000 | ||||||
Massachusetts, State Development Finance Agency Revenue, The Fay School, Inc., 0.09%***, 4/1/2038, LOC: TD Bank NA
|
5,400,000 | 5,400,000 | ||||||
Massachusetts, State Development Finance Agency Revenue, Wentworth Institute of Technology, 0.08%***, 10/1/2030, LOC: RBS Citizens NA
|
27,355,000 | 27,355,000 | ||||||
Massachusetts, State General Obligation:
|
||||||||
Series A, 0.05%***, 9/1/2016, SPA: JPMorgan Chase Bank
|
31,845,000 | 31,845,000 | ||||||
Series B, 0.07%***, 3/1/2026, SPA: Bank of America NA
|
10,500,000 | 10,500,000 | ||||||
Massachusetts, State Health & Educational Facilities Authority Revenue, Hillcrest Extended Care Services, Inc., Series A, 0.12%***, 10/1/2026, LOC: Bank of America NA
|
6,685,000 | 6,685,000 | ||||||
Massachusetts, State Water Resources Authority:
|
||||||||
Series C-1, 0.06%***, 11/1/2026, SPA: Bank of America NA
|
20,900,000 | 20,900,000 | ||||||
Series C-2, 0.06%***, 11/1/2026, SPA: Barclays Bank PLC
|
20,800,000 | 20,800,000 | ||||||
Series A-3, 0.06%***, 8/1/2037, SPA: Wells Fargo Bank NA
|
22,300,000 | 22,300,000 | ||||||
Michigan, Finance Authority, School Loan:
|
||||||||
Series C, 0.15%***, 9/1/2050, LOC: Bank of Montreal (b)
|
21,000,000 | 21,000,000 | ||||||
Series B, 0.16%***, 9/1/2050, LOC: PNC Bank NA (b)
|
25,000,000 | 25,000,000 | ||||||
Michigan, Higher Education Facilities Authority Revenue, Limited Obligation, Hope College, Series B, 0.1%***, 4/1/2032, LOC: PNC Bank NA
|
17,430,000 | 17,430,000 | ||||||
Michigan, RBC Municipal Products, Inc. Trust, Series L-25, 144A, AMT, 0.13%***, 9/1/2033, LIQ: Royal Bank of Canada, LOC: Royal Bank of Canada
|
25,000,000 | 25,000,000 | ||||||
Minnesota, State Housing Finance Agency, Residential Housing:
|
||||||||
Series C, AMT, 0.08%***, 1/1/2037, SPA: State Street Bank & Trust Co.
|
17,805,000 | 17,805,000 | ||||||
Series I, AMT, 0.09%***, 1/1/2036, SPA: Lloyds TSB Bank PLC
|
28,960,000 | 28,960,000 | ||||||
Minnesota, State Housing Finance Agency, Residential Housing Finance, Series M, AMT, 0.08%***, 1/1/2036, SPA: Lloyds TSB Bank PLC
|
7,780,000 | 7,780,000 | ||||||
Minnesota, State Office of Higher Education Revenue, Supplementary Student, Series A, 0.16%***, 12/1/2043, LOC: US Bank NA (b)
|
11,500,000 | 11,500,000 | ||||||
Mississippi, Business Finance Corp., Gulf Opportunity Zone, Chevron USA, Inc.:
|
||||||||
Series C, 0.05%***, 12/1/2030, GTY: Chevron Corp.
|
10,000,000 | 10,000,000 | ||||||
Series B, 0.06%***, 12/1/2030, GTY: Chevron Corp.
|
10,000,000 | 10,000,000 | ||||||
Monroe County, GA, Development Authority Pollution Control Revenue, Oglethorpe Power Corp., Series B, 0.06%***, 1/1/2036, LOC: JPMorgan Chase Bank
|
10,330,000 | 10,330,000 | ||||||
Nashville & Davidson County, TN, Metropolitan Government, Health & Educational Facilities Board Revenue, Vanderbilt University, Series A, 0.06%***, 10/1/2030
|
24,150,000 | 24,150,000 | ||||||
Nevada, Housing Division, Multi-Unit Housing, Apache Project, Series A, AMT, 0.08%***, 10/15/2032, LIQ: Fannie Mae
|
11,815,000 | 11,815,000 | ||||||
Nevada, Housing Division, Single Family Mortgage Revenue, Series A, AMT, 0.13%***, 10/1/2039, SPA: JPMorgan Chase Bank
|
10,000,000 | 10,000,000 | ||||||
New Jersey, Health Care Facilities Financing Authority Revenue, Southern Ocean County Hospital, 144A, 0.05%***, 7/1/2036, LOC: Wells Fargo Bank NA
|
5,245,000 | 5,245,000 | ||||||
New Jersey, State Educational Facilities Authority Revenue, Seton Hall University, Series D, 0.05%***, 7/1/2037, LOC: TD Bank NA
|
13,480,000 | 13,480,000 | ||||||
New Mexico, Educational Assistance Foundation, Series A-1, AMT, 0.14%***, 4/1/2034, LOC: Royal Bank of Canada
|
23,080,000 | 23,080,000 | ||||||
New York, Eagle Tax-Exempt Trust, Class A, 144A, 0.09%***, 6/15/2035, LIQ: Citibank NA
|
9,475,000 | 9,475,000 | ||||||
New York, Metropolitan Transportation Authority, 0.26%, 7/6/2011
|
30,500,000 | 30,500,000 | ||||||
New York, Metropolitan Transportation Authority, Dedicated Tax Fund, Series A-1, 0.05%***, 11/1/2031, LOC: Morgan Stanley Bank
|
19,000,000 | 19,000,000 | ||||||
New York, State Dormitory Authority Revenues, Non-State Supported Debt, St. John's University, Series B-2, 0.04%***, 7/1/2037, LOC: Bank of America NA
|
32,000,000 | 32,000,000 | ||||||
New York, State Dormitory Authority Revenues, Secondary Issues, Series R-12121, 0.09%***, 4/1/2015, LIQ: Citibank NA
|
15,830,000 | 15,830,000 | ||||||
New York, State Dormitory Authority Revenues, State Supported Debt, City University of New York, Series D, 0.06%***, 7/1/2031, LOC: TD Bank NA
|
12,300,000 | 12,300,000 | ||||||
New York, State Energy Research & Development Authority Facilities Revenue, Consolidated Edison Co. of New York, Inc.:
|
||||||||
Series A-1, 144A, 0.06%***, 5/1/2039, LOC: Mizuho Corporate Bank
|
22,800,000 | 22,800,000 | ||||||
Series A-2, 144A, 0.06%***, 5/1/2039, LOC: Mizuho Corporate Bank
|
21,100,000 | 21,100,000 | ||||||
Series C-1, 144A, AMT, 0.08%***, 11/1/2039, LOC: Mizuho Corporate Bank
|
11,200,000 | 11,200,000 | ||||||
Series C-3, 144A, AMT, 0.08%***, 11/1/2039, LOC: Mizuho Corporate Bank
|
23,800,000 | 23,800,000 | ||||||
New York, State Environmental Facilities Corp., Clean Water & Drinking, Series R-12273, 144A, 0.09%***, 11/15/2011, SPA: Citibank NA
|
13,010,000 | 13,010,000 | ||||||
New York, State Housing Finance Agency Revenue, 100 Maiden Lane Properties, Series A, 0.07%***, 5/15/2037, LIQ: Fannie Mae
|
29,660,000 | 29,660,000 | ||||||
New York, State Housing Finance Agency Revenue, 316 Eleventh Avenue Housing, Series A, AMT, 0.07%***, 5/15/2041, LIQ: Fannie Mae
|
48,500,000 | 48,500,000 | ||||||
New York, State Housing Finance Agency Revenue, 88 Leonard Street, Series A, 144A, 0.12%***, 11/1/2037, LOC: Landesbank Hessen-Thuringen (b)
|
11,650,000 | 11,650,000 | ||||||
New York, State Housing Finance Agency Revenue, Capitol Green Apartments, Series A, AMT, 0.1%***, 5/15/2036, LIQ: Fannie Mae
|
5,250,000 | 5,250,000 | ||||||
New York, State Housing Finance Agency Revenue, Helena Housing, Series A, AMT, 0.07%***, 5/15/2036, LIQ: Fannie Mae
|
61,950,000 | 61,950,000 | ||||||
New York, State Housing Finance Agency Revenue, Historic Front Street, Series A, 0.07%***, 11/1/2036, LOC: Landesbank Hessen-Thuringen
|
10,000,000 | 10,000,000 | ||||||
New York, State Housing Finance Agency Revenue, Rip Van Winkle House LLC, Series A, 144A, AMT, 0.1%***, 11/1/2034, LIQ: Freddie Mac
|
7,400,000 | 7,400,000 | ||||||
New York, State Housing Finance Agency Revenue, West 38 Street, Series A, AMT, 0.07%***, 5/15/2033, LIQ: Fannie Mae
|
16,000,000 | 16,000,000 | ||||||
New York, State Housing Finance Agency, Affordable Housing Revenue, Clinton Park Housing, Series A, 0.04%***, 11/1/2044, LOC: Wells Fargo Bank NA
|
23,000,000 | 23,000,000 | ||||||
New York, Triborough Bridge & Tunnel Authority Revenues, Series C, 144A, 0.06%***, 1/1/2032, SPA: JPMorgan Chase Bank
|
86,590,000 | 86,590,000 | ||||||
New York, Wells Fargo Stage Trust, Series 11C, 144A, 0.1%***, 11/15/2037, LIQ: Wells Fargo Bank NA
|
15,110,000 | 15,110,000 | ||||||
New York City, NY, Health & Hospital Corp. Revenue, Health Systems, Series C, 144A, 0.05%***, 2/15/2031, LOC: TD Bank NA
|
15,420,000 | 15,420,000 | ||||||
New York City, NY, Transitional Finance Authority Revenue, Series 3866, 144A, 0.06%***, 8/1/2011, LIQ: JPMorgan Chase & Co.
|
50,000,000 | 50,000,000 | ||||||
New York City, NY, Transitional Finance Authority Revenue, Future Tax Secured:
|
||||||||
Series B-3, 0.05%***, 11/1/2028, SPA: JPMorgan Chase Bank
|
10,190,000 | 10,190,000 | ||||||
Series G-5, 0.06%***, 5/1/2034, SPA: Barclays Bank PLC
|
52,000,000 | 52,000,000 | ||||||
New York, NY, General Obligation:
|
||||||||
Series C-3A, 0.04%***, 8/1/2020, LIQ: Bank of Nova Scotia
|
57,000,000 | 57,000,000 | ||||||
Series C-3B, 0.05%***, 8/1/2020, LIQ: Lloyds TSB Bank PLC
|
27,000,000 | 27,000,000 | ||||||
Series A-6, 144A, 0.06%***, 8/1/2031, LOC: Mizuho Corporate Bank
|
32,000,000 | 32,000,000 | ||||||
North Carolina, Capital Facilities Finance Agency, Educational Facilities Revenue, Forsyth Country Day School, 0.1%***, 12/1/2031, LOC: Branch Banking & Trust
|
12,575,000 | 12,575,000 | ||||||
North Carolina, Medical Care Commission, Health Care Facilities Revenue, First Mortgage Deerfield Episcopal Retirement Community, Inc., Series B, 0.1%***, 11/1/2038, LOC: Branch Banking & Trust
|
10,035,000 | 10,035,000 | ||||||
North Texas, Higher Education Authority, Inc., Student Loan Revenue, Series B, AMT, 0.09%***, 12/1/2035, LOC: Bank of America NA
|
10,000,000 | 10,000,000 | ||||||
Nuveen Select Quality Municipal Fund, Inc., Series 1-2525, 144A, 0.29%*, 5/5/2041, LIQ: Barclays Bank PLC
|
40,000,000 | 40,000,000 | ||||||
Ohio, Housing Finance Agency, Residential Mortgage-Backed Revenue, Series F, AMT, 0.07%***, 3/1/2037, SPA: Citibank NA
|
31,930,000 | 31,930,000 | ||||||
Ohio, State Housing Finance Agency, Residential Mortgage Revenue, Mortgage-Backed Securities Program, Series N, AMT, 0.07%***, 9/1/2036, SPA: State Street Bank & Trust Co.
|
68,405,000 | 68,405,000 | ||||||
Ohio, Water Development Authority, Pollution Control Facilities Revenue, Series 12C, 144A, 0.1%***, 3/1/2031, GTY: Wells Fargo Bank NA, LIQ: Wells Fargo Bank NA
|
29,995,000 | 29,995,000 | ||||||
Oklahoma, Development Finance Authority, Continuing Care Retirement, Inverness Village Project, Series A, 0.1%***, 1/1/2042, LOC: KBC Bank NV
|
15,480,000 | 15,480,000 | ||||||
Oklahoma, State Turnpike Authority Revenue:
|
||||||||
Series B, 0.09%***, 1/1/2028, SPA: Royal Bank of Canada
|
20,330,000 | 20,330,000 | ||||||
Series D, 0.09%***, 1/1/2028, SPA: Royal Bank of Canada
|
24,060,000 | 24,060,000 | ||||||
Oregon, State Facilities Authority Revenue, Childpeace Montessori, Series A, 0.09%***, 10/1/2037, LOC: Bank of The West
|
7,000,000 | 7,000,000 | ||||||
Oklahoma, Wells Fargo Stage Trust, Series 67C, 144A, 0.1%***, 9/1/2037, LIQ: Wells Fargo Bank NA
|
14,415,000 | 14,415,000 | ||||||
Palm Beach County, FL, Solid Waste Authority Revenue, 1.0%, Mandatory Put 1/12/2012 @ 100, 10/1/2031
|
100,000,000 | 100,307,895 | ||||||
Philadelphia, PA, Airport Revenue, Series C, AMT, 0.08%***, 6/15/2025, LOC: TD Bank NA
|
14,765,000 | 14,765,000 | ||||||
Piedmont, SC, Municipal Power Agency, Electric Revenue:
|
||||||||
Series B, 0.04%***, 1/1/2034, LOC: US Bank NA
|
9,000,000 | 9,000,000 | ||||||
Series C, 0.06%***, 1/1/2034, LOC: TD Bank NA
|
6,000,000 | 6,000,000 | ||||||
Pinellas County, FL, Health Facilities Authority Revenue, Baycare Health Systems, Series A2, 0.08%***, 11/1/2038, LOC: Northern Trust Co.
|
9,750,000 | 9,750,000 | ||||||
Raleigh Durham, NC, Airport Authority Revenue, Series C, 0.08%***, 5/1/2036, LOC: US Bank NA
|
10,595,000 | 10,595,000 | ||||||
Sacramento County, CA, Multi-Family Housing Authority Revenue, Sierra Sunrise Senior Apartments, Series D, AMT, 0.1%***, 7/1/2036, LOC: Citibank NA
|
6,096,000 | 6,096,000 | ||||||
Salem, OR, Hospital Facility Authority Revenue, Salem Hospital Project, Series C, 0.07%***, 8/15/2036, LOC: Bank of America NA
|
12,500,000 | 12,500,000 | ||||||
San Jose, CA, Financing Authority Lease Revenue, Hayes Mansion, Series D, 0.15%***, 6/1/2025, LOC: US Bank NA (b)
|
40,985,000 | 40,985,000 | ||||||
San Jose, CA, Financing Authority Lease Revenue, Ice Center, Series E1, 0.15%***, 6/1/2025, LOC: Bank of America NA (b)
|
12,460,000 | 12,460,000 | ||||||
Santa Clara, CA, Electric Revenue, Series B, 0.06%***, 7/1/2027, LOC: Bank of America NA
|
13,960,000 | 13,960,000 | ||||||
Sarasota County, FL, Public Hospital District Revenue, Sarasota Memorial Hospital, Series B, 0.08%***, 7/1/2037, LOC: Bank of America NA
|
26,665,000 | 26,665,000 | ||||||
Southern California, Metropolitan Water District, Waterworks Revenue, Series B, 0.05%***, 7/1/2028, SPA: Landesbank Hessen-Thuringen
|
7,000,000 | 7,000,000 | ||||||
St. James Parish, LA, Nustar Logistics, Series A, 0.1%***, 10/1/2040, LOC: JPMorgan Chase Bank
|
12,500,000 | 12,500,000 | ||||||
Tarrant County, TX, Cultural Education Facilities Finance Corp., Retirement Facilities, Northwest Senior Edgemere Project, Series B, 144A, 0.08%***, 11/15/2036, LOC: LaSalle Bank NA
|
9,330,000 | 9,330,000 | ||||||
Texas, A & M University of Texas Permanent Fund:
|
||||||||
Series A, 0.25%, 7/7/2011
|
25,000,000 | 25,000,000 | ||||||
Series A, 0.26%, 8/3/2011
|
20,000,000 | 20,000,000 | ||||||
Texas, Alliance Airport Authority, Inc., Special Facilities Revenue, Series 2088, 144A, AMT, 0.09%***, 4/1/2021, GTY: Wells Fargo & Co., LIQ: Wells Fargo & Co.
|
24,570,000 | 24,570,000 | ||||||
Texas, Capital Area Housing Finance Corp., Cypress Creek at River Apartments, AMT, 0.11%***, 10/1/2039, LOC: Citibank NA
|
10,895,000 | 10,895,000 | ||||||
Texas, State General Obligation:
|
||||||||
Series D, 0.17%***, 12/1/2030, LOC: Lloyds TSB Bank PLC
|
16,480,000 | 16,480,000 | ||||||
Series E, 0.17%***, 6/1/2032, LOC: Sumitomo Mitsui Banking (b)
|
24,725,000 | 24,725,000 | ||||||
Texas, State Tax & Revenue Anticipation Notes:
|
||||||||
Series 3812, 144A, 0.06%***, 8/31/2011, LIQ: JPMorgan Chase & Co.
|
103,000,000 | 103,000,000 | ||||||
2.0%, 8/31/2011
|
109,765,000 | 110,066,319 | ||||||
Texas, State Veterans Housing Assistance Fund II:
|
||||||||
Series A, 144A, AMT, 0.1%***, 6/1/2034, SPA: Landesbank Hessen-Thuringen
|
12,515,000 | 12,515,000 | ||||||
Series C, 0.17%***, 6/1/2031, SPA: JPMorgan Chase & Co. (b)
|
11,480,000 | 11,480,000 | ||||||
Texas, University of Houston Revenues, Consolidated Systems, 0.08%***, 2/15/2024
|
9,625,000 | 9,625,000 | ||||||
Texas, Wells Fargo Stage Trust, Series 20C, 144A, AMT, 0.1%***, 5/1/2038, GTY: Wells Fargo Bank NA, LIQ: Wells Fargo Bank NA
|
16,120,000 | 16,120,000 | ||||||
Travis County, TX, Health Facilities Development Corp., Retirement Facilities Revenue, Longhorn Village Project, Series B, 0.08%***, 7/1/2037, LOC: Bank of Scotland
|
22,230,000 | 22,230,000 | ||||||
Tulsa, OK, Airports Improvement Trust, Special Facility Revenue, Bizjet International Sales & Support, Inc., 144A, AMT, 0.09%***, 8/1/2018, LOC: Landesbank Hessen-Thuringen
|
7,000,000 | 7,000,000 | ||||||
Union County, NC, Enterprise Systems Revenue, 0.05%***, 6/1/2034, LOC: Bank of America NA
|
13,700,000 | 13,700,000 | ||||||
University of New Mexico, Systems Improvement Revenues, 0.09%***, 6/1/2026, SPA: JPMorgan Chase Bank
|
33,625,000 | 33,625,000 | ||||||
University of Texas, Financing Systems Revenues, Series B, 0.04%***, 8/1/2025, LIQ: University of Texas Investment Management Co.
|
51,180,000 | 51,180,000 | ||||||
University of Washington, 0.24%, 7/7/2011
|
20,000,000 | 20,000,000 | ||||||
Vermont, Educational & Health Buildings, Financing Agency Revenue, Norwich University Project, 0.07%***, 9/1/2038, LOC: TD Bank NA
|
9,600,000 | 9,600,000 | ||||||
Vermont, State Student Assistance Corp., Education Loan Revenue, Series C-2, 144A, AMT, 0.1%***, 12/15/2040, LOC: Lloyds Bank
|
32,170,000 | 32,170,000 | ||||||
Vermont, State Student Assistance Corp., Education Loan Revenue., Series B-1, AMT, 0.08%***, 12/15/2039, LOC: Bank of New York Mellon
|
60,625,000 | 60,625,000 | ||||||
Washington, State Economic Development Finance Authority, Solid Waste Disposal Revenue, Waste Management, Inc. Project, Series D, AMT, 0.11%***, 7/1/2030, LOC: JPMorgan Chase Bank
|
20,000,000 | 20,000,000 | ||||||
Washington, State General Obligation, Series 16C, 144A, 0.1%***, 2/1/2036, LIQ: Wells Fargo Bank NA
|
10,700,000 | 10,700,000 | ||||||
Washington, State Health Care Facilities Authority, Swedish Health Services, Series B, 0.07%***, 11/15/2046, LOC: Citibank NA
|
13,000,000 | 13,000,000 | ||||||
Washington, State Housing Finance Commission, Multi-Family Revenue, New Tacoma Apartments Project, 0.08%***, 1/1/2040, LOC: Wells Fargo Bank NA
|
11,400,000 | 11,400,000 | ||||||
Washington, State Housing Finance Commission, Nonprofit Revenue, St. Thomas School Project, Series B, 0.08%***, 7/1/2036, LOC: Bank of America NA
|
10,510,000 | 10,510,000 | ||||||
Washington County, AL, Industrial Development Authority Revenue, Bay Gas Storage Co., Ltd. Project, 144A, 0.07%***, 8/1/2037, LOC: UBS AG
|
9,165,000 | 9,165,000 | ||||||
West Virginia, Economic Development Authority, Solid Waste Disposal Facilities, Appalachian Power Co., Series A, 0.08%***, 12/1/2042, LOC: Sumitomo Mitsui Banking
|
10,800,000 | 10,800,000 | ||||||
Wisconsin, Housing & Economic Development Authority, Home Ownership Revenue, Series B, 0.14%***, 3/1/2033, LOC: Fannie Mae & Freddie Mac (b)
|
14,610,000 | 14,610,000 | ||||||
Wisconsin, State Health & Educational Facilities Authority Revenue, Wheaton Franciscan Systems, 0.08%***, 8/15/2036, LOC: PNC Bank NA
|
34,000,000 | 34,000,000 | ||||||
Woodstock, IL, Multi-Family Housing Revenue, Willow Brooke Apartments, AMT, 0.11%***, 4/1/2042, LOC: Wells Fargo Bank NA
|
25,905,000 | 25,905,000 | ||||||
Wyoming, Student Loan Corp. Revenue, Series A-3, 0.09%***, 12/1/2043, LOC: Royal Bank of Canada
|
40,000,000 | 40,000,000 | ||||||
Total Municipal Investments (Cost $4,788,540,482)
|
4,788,540,482 | |||||||
Repurchase Agreements 0.8%
|
||||||||
BNP Paribas, 0.01%, dated 6/30/2011, to be repurchased at $15,000,004 on 7/1/2011 (c)
|
15,000,000 | 15,000,000 | ||||||
BNP Paribas, 0.03%, dated 6/30/2011, to be repurchased at $50,000,042 on 7/1/2011 (d)
|
50,000,000 | 50,000,000 | ||||||
JPMorgan Securities, Inc., 0.0001%, dated 6/30/2011, to be repurchased at $10,000,000 on 7/1/2011 (e)
|
10,000,000 | 10,000,000 | ||||||
Merrill Lynch & Co., Inc., 0.05%, dated 6/30/2011, to be repurchased at $20,255,584 on 7/1/2011 (f)
|
20,255,556 | 20,255,556 | ||||||
Morgan Stanley & Co., Inc., 0.05%, dated 6/30/2011, to be repurchased at $98,000,136 on 7/1/2011 (g)
|
98,000,000 | 98,000,000 | ||||||
The Goldman Sachs & Co., 0.03%, dated 6/30/2011, to be repurchased at $9,000,008 on 7/1/2011 (h)
|
9,000,000 | 9,000,000 | ||||||
Total Repurchase Agreements (Cost $202,255,556)
|
202,255,556 |
% of Net Assets
|
Value ($)
|
|||||||
Total Investment Portfolio (Cost $25,966,476,794)+
|
97.7 | 25,966,476,794 | ||||||
Other Assets and Liabilities, Net
|
2.3 | 607,925,207 | ||||||
Net Assets
|
100.0 | 26,574,402,001 |
Principal Amount ($)
|
Security
|
Rate (%)
|
Maturity Date
|
Collateral Value ($)
|
||||||||
3,598,000 |
Tennessee Valley Authority
|
4.5-6.75 |
7/18/2017-
9/15/2039
|
4,317,239 | ||||||||
1,522,000 |
Federal National Mortgage Association
|
0.146 |
9/19/2011
|
1,522,167 | ||||||||
35,075,000 |
Federal Home Loan Bank
|
1.0-6.8 |
7/23/2013-
9/3/2030
|
35,452,121 | ||||||||
9,714,000 |
Federal Farm Credit Bank
|
0.156-0.205 |
9/7/2012-
9/16/2013
|
9,712,499 | ||||||||
Total Collateral Value
|
51,004,026 |
Principal Amount ($)
|
Security
|
Rate (%)
|
Maturity Date
|
Collateral Value ($)
|
||||||||
2,317,000 |
Tennessee Valley Authority
|
4.625 |
9/15/2060
|
2,209,305 | ||||||||
18,460,000 |
Federal Home Loan Bank
|
0.136 |
11/26/2012
|
18,451,693 | ||||||||
Total Collateral Value
|
20,660,998 |
Principal Amount ($)
|
Security
|
Rate (%)
|
Maturity Date
|
Collateral Value ($)
|
||||||||
7,201,637 |
Federal National Mortgage Association
|
3.494-7.0 |
9/1/2013-
4/1/2041
|
7,897,865 | ||||||||
1,179,618 |
Federal Home Loan Mortgage Corp.
|
5.5 |
7/1/2021-
11/1/2021
|
1,282,135 | ||||||||
Total Collateral Value
|
9,180,000 |
Assets
|
Level 1
|
Level 2
|
Level 3
|
Total
|
||||||||||||
Investments in Securities (i)
|
$ | — | $ | 25,764,221,238 | $ | — | $ | 25,764,221,238 | ||||||||
Repurchase Agreements
|
— | 202,255,556 | — | 202,255,556 | ||||||||||||
Total
|
$ | — | $ | 25,966,476,794 | $ | — | $ | 25,966,476,794 |
as of June 30, 2011 (Unaudited)
|
||||
Assets
|
||||
Investments in non-affiliated securities, valued at amortized cost
|
$ | 25,966,476,794 | ||
Cash
|
754,682,306 | |||
Receivable for investments sold
|
7,510,000 | |||
Interest receivable
|
12,234,912 | |||
Other assets
|
265,283 | |||
Total assets
|
26,741,169,295 | |||
Liabilities
|
||||
Payable for investments purchased
|
162,366,750 | |||
Accrued management fee
|
2,810,573 | |||
Other accrued expenses and payables
|
1,589,971 | |||
Total liabilities
|
166,767,294 | |||
Net assets, at value
|
$ | 26,574,402,001 |
for the six months ended June 30, 2011 (Unaudited)
|
||||
Investment Income
|
||||
Income:
Interest
|
$ | 41,709,869 | ||
Expenses:
Management fee
|
18,276,994 | |||
Administration fee
|
4,387,938 | |||
Professional fees
|
225,734 | |||
Reports to shareholders
|
10,164 | |||
Custodian fee
|
363,800 | |||
Trustees' fees and expenses
|
444,575 | |||
Other
|
522,815 | |||
Total expenses before expense reductions
|
24,232,020 | |||
Expense reductions
|
(833,440 | ) | ||
Total expenses after expense reductions
|
23,398,580 | |||
Net investment income
|
18,311,289 | |||
Net realized gain (loss) from investments
|
1,618,954 | |||
Net increase (decrease) in net assets resulting from operations
|
$ | 19,930,243 |
Increase (Decrease) in Net Assets
|
Six Months Ended June 30, 2011 (Unaudited)
|
Year Ended December 31, 2010
|
||||||
Operations:
Net investment income
|
$ | 18,311,289 | $ | 54,765,972 | ||||
Net realized gain (loss)
|
1,618,954 | 1,171,699 | ||||||
Net increase (decrease) in net assets resulting from operations
|
19,930,243 | 55,937,671 | ||||||
Capital transactions in shares of beneficial interest:
Proceeds from capital invested
|
139,508,704,551 | 321,400,411,976 | ||||||
Value of capital withdrawn
|
(147,386,107,249 | ) | (329,490,407,575 | ) | ||||
Net increase (decrease) in net assets from capital transactions in shares of beneficial interest
|
(7,877,402,698 | ) | (8,089,995,599 | ) | ||||
Increase (decrease) in net assets
|
(7,857,472,455 | ) | (8,034,057,928 | ) | ||||
Net assets at beginning of period
|
34,431,874,456 | 42,465,932,384 | ||||||
Net assets at end of period
|
$ | 26,574,402,001 | $ | 34,431,874,456 |
Six Months Ended 6/30/11 (Unaudited)
|
Years Ended December 31,
|
|||||||||||||||||||||||
2010
|
2009
|
2008
|
2007
|
2006
|
||||||||||||||||||||
Ratios to Average Net Assets and Supplemental Data
|
||||||||||||||||||||||||
Net assets, end of period ($ millions)
|
26,574 | 34,432 | 42,466 | 29,653 | 33,739 | 8,877 | ||||||||||||||||||
Ratio of expenses before expense reductions (%)
|
.17 | * | .17 | .16 | .17 | .17 | .20 | |||||||||||||||||
Ratio of expenses after expense reductions (%)
|
.16 | * | .16 | .14 | .13 | .14 | .18 | |||||||||||||||||
Ratio of net investment income (%)
|
.13 | * | .16 | .43 | 2.85 | 5.14 | 4.83 | |||||||||||||||||
Total Return (%)a,b
|
.07 | ** | .17 | .48 | 2.81 | 5.31 | 4.97 | |||||||||||||||||
a Total return would have been lower had certain expenses not been reduced.
b Total return for the Portfolio was derived from the performance of Cash Reserves Fund Institutional.
* Annualized
** Not annualized
|
First $3.0 billion of the Portfolio's average daily net assets
|
.1500 | % | ||
Next $4.5 billion of such net assets
|
.1325 | % | ||
Over $7.5 billion of such net assets
|
.1200 | % |
ITEM 2.
|
CODE OF ETHICS
|
|
Not applicable.
|
||
ITEM 3.
|
AUDIT COMMITTEE FINANCIAL EXPERT
|
|
Not applicable
|
||
ITEM 4.
|
PRINCIPAL ACCOUNTANT FEES AND SERVICES
|
|
Not applicable
|
||
ITEM 5.
|
AUDIT COMMITTEE OF LISTED REGISTRANTS
|
|
Not applicable
|
||
ITEM 6.
|
SCHEDULE OF INVESTMENTS
|
|
Not applicable
|
||
ITEM 7.
|
DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES
|
|
Not applicable
|
||
ITEM 8.
|
PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES
|
|
Not applicable
|
||
ITEM 9.
|
PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS
|
|
Not applicable
|
||
ITEM 10.
|
SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
|
|
There were no material changes to the procedures by which shareholders may recommend nominees to the Fund’s Board. The primary function of the Nominating and Governance Committee is to identify and recommend individuals for membership on the Board and oversee the administration of the Board Governance Guidelines. Shareholders may recommend candidates for Board positions by forwarding their correspondence by U.S. mail or courier service to Paul K. Freeman, Independent Chairman, DWS Funds, P.O. Box 101833, Denver, CO 80250-1833.
|
||
ITEM 11.
|
CONTROLS AND PROCEDURES
|
|
(a)
|
The Chief Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.
|
|
(b)
|
There have been no changes in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal controls over financial reporting.
|
|
ITEM 12.
|
EXHIBITS
|
|
(a)(1)
|
Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.
|
|
(b)
|
Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) is furnished and attached hereto as Exhibit 99.906CERT.
|
Registrant:
|
Cash Management Portfolio
|
By:
|
/s/W. Douglas Beck
W. Douglas Beck
President
|
Date:
|
August 29, 2011
|
By:
|
/s/W. Douglas Beck
W. Douglas Beck
President
|
Date:
|
August 29, 2011
|
By:
|
/s/Paul Schubert
Paul Schubert
Chief Financial Officer and Treasurer
|
Date:
|
August 29, 2011
|
1.
|
I have reviewed this report, filed on behalf of Cash Management Portfolio, on Form N-CSRS;
|
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 financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
|
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 second fiscal quarter of the period covered by this report 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 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.
|
August 29, 2011
|
/s/W. Douglas Beck
|
W. Douglas Beck
|
|
President
|
1.
|
I have reviewed this report, filed on behalf of Cash Management Portfolio, on Form N-CSRS;
|
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 financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
|
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 second fiscal quarter of the period covered by this report 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 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.
|
August 29, 2011
|
/s/Paul Schubert
|
Paul Schubert
|
|
Chief Financial Officer and Treasurer
|
1.
|
I have reviewed this report, filed on behalf of Cash Management Portfolio, on Form N-CSRS;
|
2.
|
Based on my knowledge and pursuant to 18 U.S.C. § 1350, the periodic report on Form N-CSRS (the “Report”) fully complies with the requirements of § 13 (a) or § 15 (d), as applicable, of the Securities Exchange Act of 1934 and that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
|
1.
|
I have reviewed this report, filed on behalf of Cash Management Portfolio, on Form N-CSRS;
|
2.
|
Based on my knowledge and pursuant to 18 U.S.C. § 1350, the periodic report on Form N-CSRS (the “Report”) fully complies with the requirements of § 13 (a) or § 15 (d), as applicable, of the Securities Exchange Act of 1934 and that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
|