-----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, BHWIUuZKVLkfGHFJEuodE57/g34bxQFQpaPmy4m7hD/pFEIyH9JdKx2HUXIijwcv d4U7r63w7m8YHoGw9xS05g== 0000888955-01-500003.txt : 20010822 0000888955-01-500003.hdr.sgml : 20010822 ACCESSION NUMBER: 0000888955-01-500003 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010630 FILED AS OF DATE: 20010821 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AQUILA NARRAGANSETT INSURED TAX FREE INCOME FUND CENTRAL INDEX KEY: 0000888955 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-06707 FILM NUMBER: 1720169 BUSINESS ADDRESS: STREET 1: 380 MADISON AVE STREET 2: STE 2300 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2126976666 MAIL ADDRESS: STREET 1: 380 MADISON AVENUE STREET 2: SUITE 2300 CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: NARRAGANSETT INSURED TAX FREE INCOME FUND DATE OF NAME CHANGE: 19920929 NSAR-B 1 answer.fil NITFIF ANNUAL NSAR 6/30/01 PAGE 1 000 B000000 06/30/2001 000 C000000 0000888955 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 NARRAGANSETT INSURED TAX-FREE INCOME FUND 001 B000000 811-4107 001 C000000 2126976666 002 A000000 380 MADISON AVENUE, SUITE 2300 002 B000000 NEW YORK 002 C000000 NY 002 D010000 10017 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 008 A000001 AQUILA MANAGEMENT CORP 008 B000001 A 008 C000001 801-22119 008 D010001 NEW YORK 008 D020001 NY 008 D030001 10017 008 A000002 CITIZENS BANK OF RHODE ISLAND 008 B000002 S 008 C000002 801-00000 008 D010002 PROVIDENCE 008 D020002 RI 008 D030002 02903 010 A000001 AQUILA MANAGEMENT CORPORATION 010 B000001 80122119 010 C010001 NEW YORK 010 C020001 NY 010 C030001 10017 011 A000001 AQUILA DISTRIBUTORS, INC. 011 B000001 8-13173 PAGE 2 011 C010001 NEW YORK 011 C020001 NY 011 C030001 10017 012 A000001 PFPC INC. 012 B000001 85-11196 012 C010001 WILMINGTON 012 C020001 DE 012 C030001 19809 013 A000001 KPMG LLP 013 B010001 NEW YORK 013 B020001 NY 013 B030001 10154 015 A000001 BANK ONE TRUST COMPANY, N.A. 015 B000001 C 015 C010001 COLUMBUS 015 C020001 OH 015 C030001 43271 015 E010001 X 018 000000 Y 019 A000000 Y 019 B000000 14 019 C000000 AQUILAMGMT 020 C000001 0 020 C000002 0 020 C000003 0 020 C000004 0 020 C000005 0 020 C000006 0 020 C000007 0 020 C000008 0 020 C000009 0 020 C000010 0 021 000000 0 022 A000001 ROOSEVELT & CROSS 022 B000001 13-2728032 022 C000001 7288 022 D000001 0 022 A000002 STATE STREET BANK 022 B000002 N/A 022 C000002 1010 022 D000002 0 022 A000003 JANNEY MONTGOMERY SCOTT 022 B000003 23-0731260 022 C000003 495 022 D000003 0 022 C000004 0 022 D000004 0 022 C000005 0 022 D000005 0 022 C000006 0 022 D000006 0 PAGE 3 022 C000007 0 022 D000007 0 022 C000008 0 022 D000008 0 022 C000009 0 022 D000009 0 022 B000010 ' 022 C000010 0 022 D000010 0 023 C000000 8793 023 D000000 0 024 000000 N 025 D000001 0 025 D000002 0 025 D000003 0 025 D000004 0 025 D000005 0 025 D000006 0 025 D000007 0 025 D000008 0 026 A000000 N 026 B000000 N 026 C000000 N 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 Y 028 A010000 965 028 A020000 190 028 A030000 0 028 A040000 1092 028 B010000 1636 028 B020000 167 028 B030000 0 028 B040000 539 028 C010000 1439 028 C020000 180 028 C030000 0 028 C040000 510 028 D010000 1567 028 D020000 178 028 D030000 0 028 D040000 300 028 E010000 2106 028 E020000 182 028 E030000 0 028 E040000 462 028 F010000 2710 PAGE 4 028 F020000 199 028 F030000 0 028 F040000 702 028 G010000 10423 028 G020000 1096 028 G030000 0 028 G040000 3605 028 H000000 6572 029 000000 Y 030 A000000 270 030 B000000 4.00 030 C000000 0.00 031 A000000 28 031 B000000 0 032 000000 242 033 000000 0 034 000000 Y 035 000000 4 036 A000000 N 036 B000000 0 037 000000 N 038 000000 0 039 000000 N 040 000000 Y 041 000000 Y 042 A000000 0 042 B000000 0 042 C000000 0 042 D000000 18 042 E000000 82 042 F000000 0 042 G000000 0 042 H000000 0 043 000000 146 044 000000 0 045 000000 Y 046 000000 N 047 000000 Y 048 000000 0.500 048 A010000 0 048 A020000 0.000 048 B010000 0 048 B020000 0.000 048 C010000 0 048 C020000 0.000 048 D010000 0 048 D020000 0.000 048 E010000 0 048 E020000 0.000 048 F010000 0 048 F020000 0.000 PAGE 5 048 G010000 0 048 G020000 0.000 048 H010000 0 048 H020000 0.000 048 I010000 0 048 I020000 0.000 048 J010000 0 048 J020000 0.000 048 K010000 0 048 K020000 0.000 049 000000 N 050 000000 N 051 000000 N 052 000000 N 053 A000000 Y 053 B000000 Y 053 C000000 N 054 A000000 Y 054 B000000 Y 054 C000000 Y 054 D000000 N 054 E000000 N 054 F000000 N 054 G000000 Y 054 H000000 Y 054 I000000 N 054 J000000 Y 054 K000000 N 054 L000000 Y 054 M000000 Y 054 N000000 N 054 O000000 N 055 A000000 Y 055 B000000 N 056 000000 Y 057 000000 N 058 A000000 N 059 000000 Y 060 A000000 N 060 B000000 N 061 000000 1000 062 A000000 Y 062 B000000 0.0 062 C000000 0.0 062 D000000 0.0 062 E000000 0.0 062 F000000 0.0 062 G000000 0.0 062 H000000 0.0 062 I000000 0.0 062 J000000 0.0 PAGE 6 062 K000000 0.0 062 L000000 0.0 062 M000000 0.0 062 N000000 0.0 062 O000000 97.4 062 P000000 0.0 062 Q000000 0.0 062 R000000 0.0 063 A000000 0 063 B000000 11.1 064 A000000 Y 064 B000000 N 066 A000000 N 067 000000 N 068 A000000 N 068 B000000 N 069 000000 N 070 A010000 N 070 A020000 N 070 B010000 N 070 B020000 N 070 C010000 N 070 C020000 N 070 D010000 N 070 D020000 N 070 E010000 Y 070 E020000 N 070 F010000 N 070 F020000 N 070 G010000 Y 070 G020000 N 070 H010000 N 070 H020000 N 070 I010000 N 070 I020000 N 070 J010000 N 070 J020000 N 070 K010000 N 070 K020000 N 070 L010000 N 070 L020000 N 070 M010000 N 070 M020000 N 070 N010000 N 070 N020000 N 070 O010000 Y 070 O020000 N 070 P010000 N 070 P020000 N 070 Q010000 N 070 Q020000 N PAGE 7 070 R010000 N 070 R020000 N 071 A000000 8793 071 B000000 2158 071 C000000 70034 071 D000000 3 072 A000000 12 072 B000000 3576 072 C000000 0 072 D000000 0 072 E000000 0 072 F000000 353 072 G000000 0 072 H000000 0 072 I000000 31 072 J000000 19 072 K000000 0 072 L000000 30 072 M000000 43 072 N000000 5 072 O000000 0 072 P000000 0 072 Q000000 0 072 R000000 21 072 S000000 34 072 T000000 146 072 U000000 0 072 V000000 0 072 W000000 36 072 X000000 718 072 Y000000 392 072 Z000000 3250 072AA000000 6 072BB000000 0 072CC010000 2839 072CC020000 0 072DD010000 2979 072DD020000 328 072EE000000 0 073 A010000 0.4852 073 A020000 1.3803 073 B000000 0.0000 073 C000000 0.0000 074 A000000 253 074 B000000 0 074 C000000 0 074 D000000 76066 074 E000000 0 074 F000000 0 074 G000000 0 074 H000000 0 PAGE 8 074 I000000 0 074 J000000 0 074 K000000 7 074 L000000 2038 074 M000000 0 074 N000000 78364 074 O000000 0 074 P000000 6 074 Q000000 0 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 241 074 S000000 0 074 T000000 78117 074 U010000 6558 074 U020000 1012 074 V010000 10.32 074 V020000 10.32 074 W000000 0.0000 074 X000000 1674 074 Y000000 0 075 A000000 0 075 B000000 70677 076 000000 0.00 077 A000000 Y 077 B000000 Y 077 C000000 N 077 D000000 N 077 E000000 N 077 F000000 N 077 G000000 N 077 H000000 N 077 I000000 N 077 J000000 N 077 K000000 N 077 L000000 N 077 M000000 N 077 N000000 N 077 O000000 N 077 P000000 N 077 Q010000 Y 077 Q020000 N 077 Q030000 N 078 000000 N 080 A000000 ICI MUTUAL INSURANCE COMPANY 080 C000000 10000 081 A000000 Y 081 B000000 16 082 A000000 Y 082 B000000 50 PAGE 9 083 A000000 N 083 B000000 0 084 A000000 N 084 B000000 0 085 A000000 Y 085 B000000 N 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 SIGNATURE ROBERT ANDERSON TITLE COMPLIANCE OFFICER EX-99 3 kpmgnsar2001.txt KPMG ANNUAL NSAR OPINION Independent Auditors' Report To the Shareholders and Board of Directors of Narragansett Insured Tax Free Income Fund: In planning and performing our audit of the financial statements of Narragansett Insured Tax Free Income Fund (the "Fund") for the year ended June 30, 2001, we considered its internal control, including control activities for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on internal control. The management of the Fund is responsible for establishing and maintaining internal control. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. Generally, controls that are relevant to an audit pertain to the entity's objective of preparing financial statements for external purposes that are fairly presented in conformity with accounting principles generally accepted in the United States of America. Those controls include the safeguarding of assets against unauthorized acquisition, use, or disposition. Because of inherent limitations in internal control, error or fraud may occur and not be detected. Also, projection of any evaluation of internal control to future periods is subject to the risk that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of internal control would not necessarily disclose all matters in internal control that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements caused by error or fraud in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving internal control and its operation, including controls for safeguarding securities, that we consider to be material weaknesses as defined above as of June 30, 2001. This report is intended solely for the information and use of management, the Board of Directors of the Fund, and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ KPMG LLP - ------------- New York, New York July 18, 2001 -----END PRIVACY-ENHANCED MESSAGE-----