-----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, G3oJMuRIw7TAC+FUXSJK51CQ7+5N3y80nSLYvnr6iaNuhGPZX5b+oIZQlXOhZhUZ OEp2Bz7+hHNr9HH52Opcxw== 0000088053-05-000228.txt : 20050301 0000088053-05-000228.hdr.sgml : 20050301 20050301092229 ACCESSION NUMBER: 0000088053-05-000228 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041231 FILED AS OF DATE: 20050301 DATE AS OF CHANGE: 20050301 EFFECTIVENESS DATE: 20050301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INVESTORS MUNICIPAL CASH FUND CENTRAL INDEX KEY: 0000863420 IRS NUMBER: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-06108 FILM NUMBER: 05648066 BUSINESS ADDRESS: STREET 1: 222 SOUTH RIVERSIDE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3127811121 MAIL ADDRESS: STREET 1: 222 SOUTH RIVERSIDE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: TAX EXEMPT NEW YORK MONEY MARKET FUND DATE OF NAME CHANGE: 19920703 N-Q 1 nq123104imc_ipm.txt N-Q FILING UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY ------------------------------- Investment Company Act file number 811-6108 Investors Municipal Cash Fund ----------------------------- (Exact name of registrant as specified in charter) 222 South Riverside Plaza Chicago, IL 60606 ----------------- (Address of principal executive offices) (Zip code) Salvatore Schiavone Two International Place Boston, Massachusetts 02110 --------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: (617) 295-2663 -------------- Date of fiscal year end: 03/31 ----- Date of reporting period: 12/31/04 ---------- Form N-Q is to be used by registered management investment companies, other than small business investment companies registered on Form N-5 (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles. A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss. 3507. ITEM 1. SCHEDULE OF INVESTMENTS
Investors Pennsylvania Municipal Cash Fund Investment Portfolio as of December 31, 2004 (Unaudited) - -------------------------------------------------------------------------------------------------------------------------------- Principal Amount ($) Value ($) ----------------------------------------------- Municipal Investments 98.2% Pennsylvania 73.8% Allegheny County, PA, Hospital Development Authority Revenue, UPMC Senior Living Corp., 2.0%*, 7/15/2028 150,000 150,000 Chester County, PA, Industrial Development Authority, Industrial Development Revenue, Bentley Graphic, Inc. Project, 2.19%*, 12/1/2020, First Tennessee Bank (a) 155,000 155,000 Cumberland County, PA, Municipal Authority Retirement Community Revenue, Wesley Affiliated Services, Series C, 2.0%*, 1/1/2037, Sovereign Bank FSB (a) 100,000 100,000 Dallastown, PA, State General Obligation, Area School District, 2.04%*, 2/1/2018 (b) 145,000 145,000 Delaware Valley, PA, Regional Finance Authority, Local Government Revenue, 1.98%*, 8/1/2016, Toronto-Dominion Bank (a) 145,000 145,000 Latrobe, PA, Industrial Development Authority Revenue, Greensburg Diocese, 2.05%*, 6/1/2033, Allied Irish Bank PLC (a) 200,000 200,000 Lehigh County, PA, Industrial Development Authority, Pollution Control Revenue, 1.9%*, 6/1/2014, Rabobank Nederland (a) 165,000 165,000 Montgomery County, PA, Redevelopment Authority, Multi-Family Housing Revenue, Forge Gate Apartments Project, Series A, 1.95%*, 8/15/2031 100,000 100,000 Pennsylvania, Economic Development Authority, Amtrak Project, Series B, AMT, 2.03%*, 11/1/2041, Morgan Guaranty Trust (a) 200,000 200,000 Pennsylvania, Higher Educational Facilities Authority Hospital Revenue, 144A, Series 042, 2.05%*, 1/1/2024 140,000 140,000 Pennsylvania, Higher Educational Facilities Authority Revenue, Drexel University, Series B, 1.99%*, 5/1/2033, Allied Irish Bank PLC (a) 50,000 50,000 Pennsylvania, State School District Revenue Lease, Public School Building Authority, 144A, Series A42, 1.8%*, 6/1/2028 (b) 400,000 400,000 Philadelphia, PA, Higher Educational Facilities Authority Revenue, University Properties, Student Housing, Series A, 2.01%*, 8/1/2034, Citizens Bank of PA (a) 145,000 145,000 Philadelphia, PA, Hospitals & Higher Education Facilities Authority Revenue, Children's Hospital Project, Series B, 2.19%*, 7/1/2025 100,000 100,000 Somerset County, PA, Industrial Development Authority, AMT, 2.12%*, 3/2/2015, National City Bank of PA (a) 50,000 50,000 ---------- 2,245,000 Oklahoma 4.0% Payne County, OK, Economic Development Authority, Student Housing Revenue, OSUF Phase III Project, 2.01%*, 7/1/2032 (b) 120,000 120,000 ---------- Puerto Rico 3.3% Puerto Rico, General Obligation, 144A, Series 813-D, 2.01%*, 7/1/2020 (b) 100,000 100,000 ---------- Texas 4.3% Harris County, TX, Health Facilities Development Corp. Revenue, Methodist Hospital, 2.2%*, 12/1/2032 130,000 130,000 ---------- Utah 8.2% Heber City, UT, Industrial Development Revenue, Industrial Parkway Properties LLC Project, AMT, 2.15%*, 7/1/2033, US Bank NA (a) 150,000 150,000 Salt Lake County, UT, Pollution Control Revenue, Service Station Holdings Project, 2.18%*, 2/1/2008 100,000 100,000 ---------- 250,000 Virginia 4.6% Loudoun County, VA, Industrial Development Authority Revenue, Howard Hughes Medical, Series C, 2.25%*, 2/15/2038 140,000 140,000 ---------- % of Net Assets Value ($) ---------- --------- Total Investment Portfolio (Cost $2,985,000) 98.2 2,985,000 Other Assets and Liabilities, Net 1.8 55,372 ---------- Net Assets 100.0 3,040,372 ==========
For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements. * Variable rate demand notes are securities whose interest rates are reset periodically at market levels. These securities are often payable on demand and are shown at their current rates as of December 31, 2004. (a) Security incorporates a letter of credit from a major bank. (b) Bond is insured by one of these companies: As a % of Total Investment Portfolio - -------------------------------------------------------------------------------- AMBAC AMBAC Assurance Corp. 4.0 - -------------------------------------------------------------------------------- FGIC Financial Guaranty Insurance Company 4.9 - -------------------------------------------------------------------------------- FSA Financial Security Assurance 13.4 - -------------------------------------------------------------------------------- MBIA Municipal Bond Investors Assurance 3.3 - -------------------------------------------------------------------------------- AMT: Subject to alternative minimum tax. 144A: Security Exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Registrant: Investors Pennsylvania Municipal Cash Fund By: /s/ Julian Sluyters --------------------------- Julian Sluyters Chief Executive Officer Date: February 22, 2005 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. Registrant: Investors Pennsylvania Municipal Cash Fund By: /s/ Julian Sluyters --------------------------- Julian Sluyters Chief Executive Officer Date: February 22, 2005 By: /s/ Paul Schubert --------------------------- Paul Schubert Chief Financial Officer Date: February 22, 2005 EX-99.CERT 2 cert-imc_ipm.txt CERTIFICATION CERTIFICATIONS I, Julian Sluyters, certify that: 1. I have reviewed this report on Form N-Q of Investors Pennsylvania Municipal Cash Fund; 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 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. Registrant: Investors Pennsylvania Municipal Cash Fund By: /s/ Julian Sluyters --------------------------- Julian Sluyters Chief Executive Officer Date: February 22, 2005 CERTIFICATIONS I, Paul Schubert, certify that: 1. I have reviewed this report on Form N-Q of Investors Pennsylvania Municipal Cash Fund; 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 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. Registrant: Investors Pennsylvania Municipal Cash Fund By: /s/ Paul Schubert --------------------------- Paul Schubert Chief Financial Officer Date: February 22, 2005 -----END PRIVACY-ENHANCED MESSAGE-----