-----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, VbUkYaNk+EnZLCQT6cHpeOv6Q6RECJS1rd1G04dCTGz3wJZ9a0hA0GsZV5XuCwSp 2W4+Ux/ki8N7lKRnIq4zGQ== 0000935069-04-001888.txt : 20041126 0000935069-04-001888.hdr.sgml : 20041125 20041124184136 ACCESSION NUMBER: 0000935069-04-001888 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040930 FILED AS OF DATE: 20041126 DATE AS OF CHANGE: 20041124 EFFECTIVENESS DATE: 20041126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROCHESTER FUND MUNICIPALS CENTRAL INDEX KEY: 0000093621 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 160473255 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-03614 FILM NUMBER: 041168372 BUSINESS ADDRESS: STREET 1: 350 LINDEN OAKS CITY: ROCHESTER STATE: NY ZIP: 14625-2807 BUSINESS PHONE: 7163838700 MAIL ADDRESS: STREET 1: 350 LINDEN OAKS CITY: ROCHESTER STATE: NY ZIP: 14625-2807 FORMER COMPANY: FORMER CONFORMED NAME: ROCHESTER FUND MUNICIPALS INC DATE OF NAME CHANGE: 19920521 FORMER COMPANY: FORMER CONFORMED NAME: MARTEK INVESTORS INC/NY DATE OF NAME CHANGE: 19860302 FORMER COMPANY: FORMER CONFORMED NAME: STAR SUPERMARKETS INC DATE OF NAME CHANGE: 19830104 N-Q 1 rq365_11951nq.txt RQ365_11951NQ.TXT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-3614 Rochester Fund Municipals (Exact name of registrant as specified in charter) 6803 South Tucson Way, Centennial, Colorado 80112-3924 (Address of principal executive offices) (Zip code) Robert G. Zack, Esq. OppenheimerFunds, Inc. Two World Financial Center, New York, New York 10281-1008 (Name and address of agent for service) Registrant's telephone number, including area code: (303) 768-3200 Date of fiscal year end: December 31 Date of reporting period: September 30, 2004 ITEM 1. SCHEDULE OF INVESTMENTS. STATEMENT OF INVESTMENTS September 30, 2004 (Unaudited) ================================================================================ Rochester Fund Municipals
Principal Amount Coupon Maturity Value - -------------------------------------------------------------------------------------------------------------------------- MUNICIPAL BONDS AND NOTES--99.4% - -------------------------------------------------------------------------------------------------------------------------- NEW YORK--86.7% $ 125,000 Albany County Airport Authority 5.500% 12/15/2019 $ 135,771 - -------------------------------------------------------------------------------------------------------------------------- 885,000 Albany Hsg. Authority (Lark Drive) 5.500 12/01/2028 909,231 - -------------------------------------------------------------------------------------------------------------------------- 1,420,000 Albany IDA (Albany Medical Center) 6.000 05/01/2019 1,432,965 - -------------------------------------------------------------------------------------------------------------------------- 2,460,000 Albany IDA (Albany Medical Center) 6.000 05/01/2029 2,369,078 - -------------------------------------------------------------------------------------------------------------------------- 400,000 Albany IDA (Albany Municipal Golf Course Clubhouse) 7.500 05/01/2012 405,192 - -------------------------------------------------------------------------------------------------------------------------- 915,000 Albany IDA (Albany Rehab.) 8.375 06/01/2023 951,454 - -------------------------------------------------------------------------------------------------------------------------- 4,005,000 Albany IDA (Charitable Leadership) 5.750 07/01/2026 4,105,566 - -------------------------------------------------------------------------------------------------------------------------- 3,730,000 Albany IDA (Daughters of Sarah Nursing Home) 5.375 10/20/2030 3,942,498 - -------------------------------------------------------------------------------------------------------------------------- 2,750,000 Albany IDA (Hampton Plaza) 6.250 03/15/2018 2,860,743 - -------------------------------------------------------------------------------------------------------------------------- 1,610,000 Albany IDA (MARA Mansion Rehab.) 6.500 02/01/2023 1,612,077 - -------------------------------------------------------------------------------------------------------------------------- 1,395,000 Albany IDA (Port of Albany) 7.250 02/01/2024 1,406,648 - -------------------------------------------------------------------------------------------------------------------------- 1,285,000 Albany IDA (Sage Colleges) 5.250 04/01/2019 1,321,674 - -------------------------------------------------------------------------------------------------------------------------- 1,760,000 Albany IDA (Sage Colleges) 5.300 04/01/2029 1,767,198 - -------------------------------------------------------------------------------------------------------------------------- 125,000 Albany IDA (University Heights-Albany Pharmacy) 6.750 12/01/2029 141,825 - -------------------------------------------------------------------------------------------------------------------------- 1,770,000 Albany Parking Authority 0.000 1 11/01/2017 950,756 - -------------------------------------------------------------------------------------------------------------------------- 2,510,000 Albany Parking Authority 5.625 07/15/2020 2,697,372 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 Albany Parking Authority 5.625 07/15/2025 2,112,040 - -------------------------------------------------------------------------------------------------------------------------- 5,700,000 Allegany County IDA (Houghton College) 5.250 01/15/2024 5,819,529 - -------------------------------------------------------------------------------------------------------------------------- 920,000 Amherst IDA (Asbury Pointe) 5.800 02/01/2015 920,101 - -------------------------------------------------------------------------------------------------------------------------- 10,000 Amherst IDA (Asbury Pointe) 6.000 02/01/2023 9,909 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 Amherst IDA (Asbury Pointe) 6.000 02/01/2029 2,990,190 - -------------------------------------------------------------------------------------------------------------------------- 2,880,000 Amherst IDA (Daemen College) 6.000 10/01/2021 3,045,024 - -------------------------------------------------------------------------------------------------------------------------- 10,055,000 Amherst IDA (Daemen College) 6.125 10/01/2031 10,484,952 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 Appleridge Retirement Community 5.750 09/01/2041 3,273,030 - -------------------------------------------------------------------------------------------------------------------------- 800,000 Babylon IDA (WWH Ambulance) 7.375 09/15/2008 816,520 - -------------------------------------------------------------------------------------------------------------------------- 700,000 Battery Park City Authority 10.000 06/01/2023 732,711 - -------------------------------------------------------------------------------------------------------------------------- 370,000 Bethany Retirement Home 7.450 02/01/2024 379,128 - -------------------------------------------------------------------------------------------------------------------------- 810,000 Bethlehem Water System 2 5.250 03/01/2018 866,894 - -------------------------------------------------------------------------------------------------------------------------- 855,000 Bethlehem Water System 2 5.375 03/01/2019 922,331 - -------------------------------------------------------------------------------------------------------------------------- 905,000 Bethlehem Water System 2 5.375 03/01/2020 971,671 - -------------------------------------------------------------------------------------------------------------------------- 955,000 Bethlehem Water System 2 5.500 03/01/2021 1,033,329 - -------------------------------------------------------------------------------------------------------------------------- 505,000 Bethlehem Water System 2 5.500 03/01/2022 542,804 - -------------------------------------------------------------------------------------------------------------------------- 1,065,000 Blauvelt Volunteer Fire Company 6.250 10/15/2017 1,045,724 - -------------------------------------------------------------------------------------------------------------------------- 900,000 Bleeker Terrace HDC 8.750 07/01/2007 903,492 - -------------------------------------------------------------------------------------------------------------------------- 580,000 Brookhaven IDA (Brookhaven Memorial Hospital) 8.250 11/15/2030 607,857 - -------------------------------------------------------------------------------------------------------------------------- 6,830,000 Brookhaven IDA (Dowling College) 6.750 03/01/2023 6,830,546 - -------------------------------------------------------------------------------------------------------------------------- 135,000 Brookhaven IDA (Farber)3 3.563 4 12/01/2004 134,942 - -------------------------------------------------------------------------------------------------------------------------- 95,000 Brookhaven IDA (Interdisciplinary School) 8.500 12/01/2004 95,118 - -------------------------------------------------------------------------------------------------------------------------- 3,220,000 Brookhaven IDA (Interdisciplinary School) 9.500 12/01/2019 3,327,323 - -------------------------------------------------------------------------------------------------------------------------- 1,250,000 Brookhaven IDA (St. Joseph's College) 6.000 12/01/2020 1,315,763 - -------------------------------------------------------------------------------------------------------------------------- 2,425,000 Brookhaven IDA (Stony Brook Foundation) 6.500 11/01/2020 2,547,511 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 Broome County IDA (University Plaza) 5.000 08/01/2036 2,465,700 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Broome County IDA (University Plaza) 5.100 08/01/2030 1,000,310 - -------------------------------------------------------------------------------------------------------------------------- 1,250,000 Broome County IDA (University Plaza) 5.100 08/01/2036 1,244,638 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 Broome County IDA (University Plaza) 5.200 08/01/2030 3,029,700 - -------------------------------------------------------------------------------------------------------------------------- 4,450,000 Broome County IDA (University Plaza) 5.200 08/01/2036 4,481,729 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Canton Human Services Initiatives 5.700 09/01/2024 1,064,560 - -------------------------------------------------------------------------------------------------------------------------- 1,260,000 Canton Human Services Initiatives 5.750 09/01/2032 1,318,502 - -------------------------------------------------------------------------------------------------------------------------- 600,000 Capital District Youth Center 6.000 02/01/2017 637,206 - -------------------------------------------------------------------------------------------------------------------------- 500,000 Carnegie Redevelopment Corp.3 7.000 09/01/2021 500,410 - -------------------------------------------------------------------------------------------------------------------------- 570,000 Cattaraugus County IDA (Jamestown Community College) 6.400 07/01/2019 622,942 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Cattaraugus County IDA (Jamestown Community College) 6.500 07/01/2030 1,075,860 - -------------------------------------------------------------------------------------------------------------------------- 4,295,000 Cattaraugus County IDA (Olean General Hospital) 5.250 08/01/2023 4,441,760 - -------------------------------------------------------------------------------------------------------------------------- 1,465,000 Cattaraugus County IDA (St. Bonaventure University) 5.450 09/15/2019 1,519,366 - -------------------------------------------------------------------------------------------------------------------------- 2,900,000 Chautauqua County IDA (Jamestown Community College) 5.250 08/01/2028 2,971,775 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Chautauqua County IDA (Jamestown Devel. Corp.) 7.125 11/01/2008 1,038,330 - -------------------------------------------------------------------------------------------------------------------------- 3,395,000 Chautauqua County IDA (Jamestown Devel. Corp.) 7.125 11/01/2018 3,523,433 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 Chemung County IDA (Arnot Ogden Medical Center) 5.000 11/01/2029 2,504,425 - -------------------------------------------------------------------------------------------------------------------------- 915,000 Chemung County IDA (Arnot Ogden Medical Center) 5.000 11/01/2029 916,620 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Chemung County IDA (Arnot Ogden Medical Center) 5.000 11/01/2034 993,030 - -------------------------------------------------------------------------------------------------------------------------- 1,455,000 Chemung County IDA (Arnot Ogden Medical Center) 5.000 11/01/2034 1,444,859 - -------------------------------------------------------------------------------------------------------------------------- 1,515,000 Chemung County IDA (Hathorn Redevel. Company) 2 5.000 07/01/2033 1,523,605 - -------------------------------------------------------------------------------------------------------------------------- 7,540,000 Chemung County IDA (St. Joseph's Hospital) 6.000 01/01/2013 7,049,975 - -------------------------------------------------------------------------------------------------------------------------- 7,770,000 Chemung County IDA (St. Joseph's Hospital) 6.350 01/01/2013 7,432,937 - -------------------------------------------------------------------------------------------------------------------------- 4,910,000 Chemung County IDA (St. Joseph's Hospital) 6.500 01/01/2019 4,564,876 - -------------------------------------------------------------------------------------------------------------------------- 1,960,000 Clifton Springs Hospital & Clinic 7.650 01/01/2012 1,977,973 - -------------------------------------------------------------------------------------------------------------------------- 3,210,000 Clifton Springs Hospital & Clinic 8.000 01/01/2020 3,240,816 - -------------------------------------------------------------------------------------------------------------------------- 35,000 Cohoes GO 6.200 03/15/2012 36,955 - -------------------------------------------------------------------------------------------------------------------------- 25,000 Cohoes GO 6.200 03/15/2013 26,284 - -------------------------------------------------------------------------------------------------------------------------- 25,000 Cohoes GO 6.250 03/15/2014 26,195 - -------------------------------------------------------------------------------------------------------------------------- 25,000 Cohoes GO 6.250 03/15/2015 26,137 - -------------------------------------------------------------------------------------------------------------------------- 25,000 Cohoes GO 6.250 03/15/2016 26,083 - -------------------------------------------------------------------------------------------------------------------------- 120,000 Columbia County IDA (Berkshire Farms) 6.900 12/15/2004 120,266 - -------------------------------------------------------------------------------------------------------------------------- 1,855,000 Columbia County IDA (Berkshire Farms) 7.500 12/15/2014 1,915,325 - -------------------------------------------------------------------------------------------------------------------------- 3,300,000 Corinth IDA (International Paper Company) 5.750 02/01/2022 3,404,346 - -------------------------------------------------------------------------------------------------------------------------- 5,370,000 Cortland County IDA (Cortland Memorial Hospital) 5.250 07/01/2032 5,521,327 - -------------------------------------------------------------------------------------------------------------------------- 155,000 Dutchess County IDA (Astor Learning Center Civic Facility) 5.150 11/01/2024 161,070 - -------------------------------------------------------------------------------------------------------------------------- 120,000 Dutchess County IDA (Bard College) 5.750 08/01/2030 128,413 - -------------------------------------------------------------------------------------------------------------------------- 3,500,000 Dutchess County IDA (Bard College) 7.000 11/01/2017 3,584,210 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Dutchess County IDA (St. Francis Hospital) 7.500 03/01/2029 992,060 - -------------------------------------------------------------------------------------------------------------------------- 2,505,000 Dutchess County IDA (Vassar Brothers - -------------------------------------------------------------------------------------------------------------------------- Hospital) 6.500 04/01/2020 2,738,892 - -------------------------------------------------------------------------------------------------------------------------- 5,615,000 Dutchess County IDA (Vassar Brothers Hospital) 6.500 04/01/2030 6,053,868 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Dutchess County Water & Wastewater Authority 0.000 1 06/01/2027 323,910 - -------------------------------------------------------------------------------------------------------------------------- 3,350,000 East Rochester Hsg. Authority (Episcopal Senior Hsg.) 7.750 10/01/2032 3,323,502 - -------------------------------------------------------------------------------------------------------------------------- 1,355,000 East Rochester Hsg. Authority (Gates Senior Hsg.) 6.125 04/20/2043 1,494,159 - -------------------------------------------------------------------------------------------------------------------------- 1,400,000 East Rochester Hsg. Authority (Genesee Valley Nursing Home) 5.200 12/20/2024 1,476,384 - -------------------------------------------------------------------------------------------------------------------------- 2,665,000 East Rochester Hsg. Authority (Jefferson Park Apartments) 6.750 03/01/2030 2,569,646 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 East Rochester Hsg. Authority (Linden Knoll) 5.350 02/01/2038 2,023,980 - -------------------------------------------------------------------------------------------------------------------------- 4,095,000 East Rochester Hsg. Authority (St. John's Meadows) 5.950 08/01/2027 4,255,852 - -------------------------------------------------------------------------------------------------------------------------- 2,820,000 Erie County IDA (Affordable Hospitality) 9.250 12/01/2015 2,757,283 - -------------------------------------------------------------------------------------------------------------------------- 525,000 Erie County IDA (Air Cargo) 8.250 10/01/2007 525,761 - -------------------------------------------------------------------------------------------------------------------------- 2,380,000 Erie County IDA (Air Cargo) 8.500 10/01/2015 2,395,422 - -------------------------------------------------------------------------------------------------------------------------- 1,750,000 Erie County IDA (DePaul Properties) 5.750 09/01/2028 1,348,708 - -------------------------------------------------------------------------------------------------------------------------- 3,055,000 Erie County IDA (DePaul Properties) 6.500 09/01/2018 2,834,582 - -------------------------------------------------------------------------------------------------------------------------- 11,310,000 Erie County IDA (Medaille College) 7.625 04/01/2035 11,451,827 - -------------------------------------------------------------------------------------------------------------------------- 3,515,000 Erie County IDA (Medaille College) 8.250 11/01/2026 3,601,293 - -------------------------------------------------------------------------------------------------------------------------- 2,340,000 Erie County IDA (Mercy Hospital) 6.250 06/01/2010 2,204,561 - -------------------------------------------------------------------------------------------------------------------------- 25,000 Erie County IDA (The Episcopal Church Home) 5.875 02/01/2018 25,595 - -------------------------------------------------------------------------------------------------------------------------- 9,600,000 Erie County IDA (The Episcopal Church Home) 6.000 02/01/2028 9,736,224 - -------------------------------------------------------------------------------------------------------------------------- 620,000 Erie County Tobacco Asset Securitization Corp. 6.125 07/15/2030 598,914 - -------------------------------------------------------------------------------------------------------------------------- 10,560,000 Erie County Tobacco Asset Securitization Corp. 6.250 07/15/2040 10,229,261 - -------------------------------------------------------------------------------------------------------------------------- 40,000 Erie County Tobacco Asset Securitization Corp. 6.500 07/15/2032 40,224 - -------------------------------------------------------------------------------------------------------------------------- 10,120,000 Erie County Tobacco Asset Securitization Corp. RITES 3 10.463 5 07/15/2040 9,486,184 - -------------------------------------------------------------------------------------------------------------------------- 22,440,000 Erie County Tobacco Asset Securitization Corp. RITES 3 11.463 5 07/15/2040 23,276,339 - -------------------------------------------------------------------------------------------------------------------------- 4,440,000 Essex County IDA (International Paper Company) 5.200 03/01/2028 4,366,030 - -------------------------------------------------------------------------------------------------------------------------- 1,850,000 Essex County IDA (International Paper Company) 5.500 08/15/2022 1,869,740 - -------------------------------------------------------------------------------------------------------------------------- 1,625,000 Essex County IDA (International Paper Company) 5.500 10/01/2026 1,632,816 - -------------------------------------------------------------------------------------------------------------------------- 310,000 Essex County IDA (International Paper Company) 5.800 12/01/2019 320,487 - -------------------------------------------------------------------------------------------------------------------------- 2,300,000 Essex County IDA (International Paper Company) 6.450 11/15/2023 2,459,850 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 Essex County IDA (Moses Ludington Nursing Home) 6.375 02/01/2050 5,538,000 - -------------------------------------------------------------------------------------------------------------------------- 225,000 Essex County IDA (Moses Ludington Nursing Home) 9.000 02/01/2008 226,519 - -------------------------------------------------------------------------------------------------------------------------- 5,680,000 Franklin County IDA (Adirondack Medical Center) 5.500 12/01/2029 5,979,961 - -------------------------------------------------------------------------------------------------------------------------- 805,000 Fulton County IDA (Nathan Littauer) 7.000 11/01/2004 805,016 - -------------------------------------------------------------------------------------------------------------------------- 485,000 Glen Cove IDA (SLCD) 6.875 07/01/2008 486,213 - -------------------------------------------------------------------------------------------------------------------------- 3,775,000 Glen Cove IDA (SLCD) 7.375 07/01/2023 3,878,322 - -------------------------------------------------------------------------------------------------------------------------- 2,795,000 Green Island Power Authority 6.000 12/15/2020 2,964,629 - -------------------------------------------------------------------------------------------------------------------------- 1,695,000 Green Island Power Authority 6.000 12/15/2025 1,754,172 - -------------------------------------------------------------------------------------------------------------------------- 655,000 Hamilton EHC (Hamilton Apartments) 11.250 01/01/2015 660,561 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 Hempstead IDA (Adelphi University) 5.500 06/01/2032 2,651,325 - -------------------------------------------------------------------------------------------------------------------------- 3,735,000 Hempstead IDA (Bristal Gardens) 7.500 05/01/2046 3,732,460 - -------------------------------------------------------------------------------------------------------------------------- 5,175,000 Hempstead IDA (Bristal Gardens) 7.500 05/01/2046 5,245,949 - -------------------------------------------------------------------------------------------------------------------------- 5,175,000 Hempstead IDA (Bristal Gardens) 7.500 05/01/2046 5,202,014 - -------------------------------------------------------------------------------------------------------------------------- 7,250,000 Hempstead IDA (Bristal Gardens) 2 7.500 05/01/2046 7,349,398 - -------------------------------------------------------------------------------------------------------------------------- 375,000 Hempstead IDA (Dentaco Corp.) 7.250 11/01/2012 382,369 - -------------------------------------------------------------------------------------------------------------------------- 1,270,000 Hempstead IDA (Dentaco Corp.) 8.250 11/01/2025 1,316,977 - -------------------------------------------------------------------------------------------------------------------------- 4,695,000 Hempstead IDA (Engel Burman Senior Hsg.) 6.250 11/01/2010 4,683,075 - -------------------------------------------------------------------------------------------------------------------------- 18,825,000 Hempstead IDA (Engel Burman Senior Hsg.) 6.750 11/01/2024 18,721,651 - -------------------------------------------------------------------------------------------------------------------------- 2,965,000 Hempstead IDA (Franklin Hospital Medical Center) 5.750 11/01/2008 2,918,331 - -------------------------------------------------------------------------------------------------------------------------- 9,375,000 Hempstead IDA (Franklin Hospital Medical Center) 6.375 11/01/2018 9,025,031 - -------------------------------------------------------------------------------------------------------------------------- 9,665,000 Hempstead IDA (Franklin Hospital Medical Center) 7.750 11/01/2022 10,265,293 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 Hempstead IDA (Hungry Harbor Associates) 8.000 05/01/2044 2,523,125 - -------------------------------------------------------------------------------------------------------------------------- 5,700,000 Hempstead IDA (Hungry Harbor Associates) 8.000 05/01/2044 5,700,171 - -------------------------------------------------------------------------------------------------------------------------- 4,770,000 Hempstead IDA (Hungry Harbor Associates) 8.000 05/01/2044 4,814,123 - -------------------------------------------------------------------------------------------------------------------------- 12,530,000 Hempstead IDA (Hungry Harbor Associates) 8.000 05/01/2044 12,645,903 - -------------------------------------------------------------------------------------------------------------------------- 6,355,000 Hempstead IDA (South Shore Y JCC) 6.750 11/01/2024 6,353,411 - -------------------------------------------------------------------------------------------------------------------------- 9,835,000 Herkimer County IDA (Burrows Paper)3 8.000 01/01/2009 9,649,217 - -------------------------------------------------------------------------------------------------------------------------- 1,285,000 Herkimer County IDA (College Foundation) 6.400 11/01/2020 1,373,858 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 Herkimer County IDA (College Foundation) 6.500 11/01/2030 2,095,140 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Herkimer County IDA (Herkimer County College Foundation) 6.250 08/01/2034 1,044,230 - -------------------------------------------------------------------------------------------------------------------------- 295,000 Herkimer Hsg. Authority 7.150 03/01/2011 297,888 - -------------------------------------------------------------------------------------------------------------------------- 990,000 Hudson IDA (Have, Inc.) 8.125 12/01/2017 989,960 - -------------------------------------------------------------------------------------------------------------------------- 1,255,000 Hudson IDA (Hudson Fabrics) 6.750 11/01/2024 1,257,347 - -------------------------------------------------------------------------------------------------------------------------- 125,000 Huntington Hsg. Authority (GJSR) 5.875 05/01/2019 124,328 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Huntington Hsg. Authority (GJSR) 6.000 05/01/2029 963,040 - -------------------------------------------------------------------------------------------------------------------------- 8,500,000 Huntington Hsg. Authority (GJSR) 6.000 05/01/2039 8,050,860 - -------------------------------------------------------------------------------------------------------------------------- 845,000 Islip IDA (Leeway School) 9.000 08/01/2021 850,290 - -------------------------------------------------------------------------------------------------------------------------- 19,550,000 Islip IDA (Southside Hospital Civic Facilities) 7.750 12/01/2022 20,477,257 - -------------------------------------------------------------------------------------------------------------------------- 1,315,000 Islip Res Rec, Series E 5.750 07/01/2021 1,447,105 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Islip Res Rec, Series E 5.750 07/01/2023 1,085,560 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 Kenmore Hsg. Authority (SUNY at Buffalo) 5.500 08/01/2024 3,195,510 - -------------------------------------------------------------------------------------------------------------------------- 7,905,000 L.I. Power Authority RITES 3 14.715 5 12/01/2022 9,874,136 - -------------------------------------------------------------------------------------------------------------------------- 21,000,000 L.I. Power Authority RITES 3 14.716 5 12/01/2022 26,231,100 - -------------------------------------------------------------------------------------------------------------------------- 3,750,000 L.I. Power Authority RITES 3 15.185 5 12/01/2026 4,527,075 - -------------------------------------------------------------------------------------------------------------------------- 2,915,000 L.I. Power Authority RITES 3 15.248 5 09/01/2028 3,511,701 - -------------------------------------------------------------------------------------------------------------------------- 24,130,000 L.I. Power Authority, Series A 5.125 09/01/2029 24,636,006 - -------------------------------------------------------------------------------------------------------------------------- 44,530,000 L.I. Power Authority, Series A 5.375 09/01/2025 46,701,728 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 L.I. Power Authority, Series C 5.000 09/01/2027 1,017,380 - -------------------------------------------------------------------------------------------------------------------------- 86,300,000 L.I. Power Authority, Series L 5.375 05/01/2033 89,439,594 - -------------------------------------------------------------------------------------------------------------------------- 100,000 Lowville GO 7.200 09/15/2012 123,725 - -------------------------------------------------------------------------------------------------------------------------- 100,000 Lowville GO 7.200 09/15/2013 124,687 - -------------------------------------------------------------------------------------------------------------------------- 100,000 Lowville GO 7.200 09/15/2014 125,836 - -------------------------------------------------------------------------------------------------------------------------- 3,830,000 Lyons Community Health Initiatives Corp. 5.550 09/01/2024 3,955,356 - -------------------------------------------------------------------------------------------------------------------------- 4,450,000 Macleay Hsg. Corp. (Larchmont Woods) 8.500 01/01/2031 4,559,915 - -------------------------------------------------------------------------------------------------------------------------- 1,290,000 Madison County IDA (Oneida Healthcare Center) 5.300 02/01/2021 1,363,517 - -------------------------------------------------------------------------------------------------------------------------- 5,500,000 Madison County IDA (Oneida Healthcare Center) 5.350 02/01/2031 5,708,505 - -------------------------------------------------------------------------------------------------------------------------- 75,000 Middleton IDA (Flanagan Design & Display) 7.000 11/01/2006 76,664 - -------------------------------------------------------------------------------------------------------------------------- 690,000 Middleton IDA (Flanagan Design & Display) 7.500 11/01/2018 718,932 - -------------------------------------------------------------------------------------------------------------------------- 3,955,000 Middletown IDA (Southwinds Retirement Home) 6.375 03/01/2018 3,667,313 - -------------------------------------------------------------------------------------------------------------------------- 440,000 Middletown IDA (YMCA) 6.250 11/01/2009 418,070 - -------------------------------------------------------------------------------------------------------------------------- 1,255,000 Middletown IDA (YMCA) 7.000 11/01/2019 1,133,529 - -------------------------------------------------------------------------------------------------------------------------- 285,000 Monroe County COP 8.050 01/01/2011 297,098 - -------------------------------------------------------------------------------------------------------------------------- 780,000 Monroe County IDA (Canal Ponds) 7.000 06/15/2013 787,784 - -------------------------------------------------------------------------------------------------------------------------- 50,000 Monroe County IDA (Cloverwood Senior Living) 6.750 05/01/2023 47,223 - -------------------------------------------------------------------------------------------------------------------------- 300,000 Monroe County IDA (Cloverwood Senior Living) 6.875 05/01/2033 276,114 - -------------------------------------------------------------------------------------------------------------------------- 1,423,957 Monroe County IDA (Cottrone Devel.) 9.500 12/01/2010 1,449,247 - -------------------------------------------------------------------------------------------------------------------------- 950,000 Monroe County IDA (Dayton Rogers Manufacturing) 6.100 12/01/2009 908,096 - -------------------------------------------------------------------------------------------------------------------------- 2,545,000 Monroe County IDA (DePaul Community Facilities) 5.875 02/01/2028 2,102,323 - -------------------------------------------------------------------------------------------------------------------------- 5,545,000 Monroe County IDA (DePaul Community Facilities) 5.950 08/01/2028 4,868,177 - -------------------------------------------------------------------------------------------------------------------------- 880,000 Monroe County IDA (DePaul Community Facilities) 6.450 02/01/2014 901,771 - -------------------------------------------------------------------------------------------------------------------------- 1,285,000 Monroe County IDA (DePaul Community Facilities) 6.500 02/01/2024 1,308,220 - -------------------------------------------------------------------------------------------------------------------------- 4,485,000 Monroe County IDA (DePaul Properties) 6.150 09/01/2021 4,041,209 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Monroe County IDA (Jewish Home of Rochester Senior Hsg.) 6.875 04/01/2017 1,034,480 - -------------------------------------------------------------------------------------------------------------------------- 5,005,000 Monroe County IDA (Jewish Home of Rochester Senior Hsg.) 6.875 04/01/2027 5,157,703 - -------------------------------------------------------------------------------------------------------------------------- 275,000 Monroe County IDA (Machine Tool Research) 7.750 12/01/2006 272,363 - -------------------------------------------------------------------------------------------------------------------------- 600,000 Monroe County IDA (Machine Tool Research) 8.000 12/01/2011 586,926 - -------------------------------------------------------------------------------------------------------------------------- 300,000 Monroe County IDA (Machine Tool Research) 8.500 12/01/2013 291,381 - -------------------------------------------------------------------------------------------------------------------------- 945,000 Monroe County IDA (Melles Griot) 9.500 12/01/2009 949,423 - -------------------------------------------------------------------------------------------------------------------------- 1,136,000 Monroe County IDA (Morrell/Morrell) 7.000 12/01/2007 1,136,398 - -------------------------------------------------------------------------------------------------------------------------- 4,330,000 Monroe County IDA (Piano Works) 7.625 11/01/2016 4,425,606 - -------------------------------------------------------------------------------------------------------------------------- 2,890,000 Monroe County IDA (Rochester Institute of Technology) 5.375 04/01/2029 2,828,385 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Monroe County IDA (Southview Towers) 6.125 02/01/2020 1,102,390 - -------------------------------------------------------------------------------------------------------------------------- 1,465,000 Monroe County IDA (St. John Fisher College) 5.200 06/01/2019 1,575,183 - -------------------------------------------------------------------------------------------------------------------------- 2,190,000 Monroe County IDA (St. John Fisher College) 5.250 06/01/2026 2,285,112 - -------------------------------------------------------------------------------------------------------------------------- 3,075,000 Monroe County IDA (St. John Fisher College) 5.375 06/01/2024 3,241,911 - -------------------------------------------------------------------------------------------------------------------------- 960,000 Monroe County IDA (Volunteers of America) 5.700 08/01/2018 963,696 - -------------------------------------------------------------------------------------------------------------------------- 2,720,000 Monroe County IDA (Volunteers of America) 5.750 08/01/2028 2,600,293 - -------------------------------------------------------------------------------------------------------------------------- 20,000 Monroe County IDA (West End Business) 6.750 12/01/2004 20,012 - -------------------------------------------------------------------------------------------------------------------------- 15,000 Monroe County IDA (West End Business) 6.750 12/01/2004 15,009 - -------------------------------------------------------------------------------------------------------------------------- 90,000 Monroe County IDA (West End Business) 6.750 12/01/2004 90,075 - -------------------------------------------------------------------------------------------------------------------------- 345,000 Monroe County IDA (West End Business) 8.000 12/01/2014 352,048 - -------------------------------------------------------------------------------------------------------------------------- 170,000 Monroe County IDA (West End Business) 8.000 12/01/2014 173,473 - -------------------------------------------------------------------------------------------------------------------------- 515,000 Monroe County IDA (West End Business) 8.000 12/01/2014 525,521 - -------------------------------------------------------------------------------------------------------------------------- 1,375,000 Monroe County IDA (West End Business) 8.000 12/01/2014 1,403,091 - -------------------------------------------------------------------------------------------------------------------------- 12,000,000 Monroe County IDA (Woodlawn Village) 8.550 11/15/2032 13,063,320 - -------------------------------------------------------------------------------------------------------------------------- 16,185,000 Monroe County Tobacco Asset Securitization Corp. 6.375 06/01/2035 16,139,844 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 Monroe County Tobacco Asset Securitization Corp. Fixed Receipts 6.600 06/01/2042 3,035,010 - -------------------------------------------------------------------------------------------------------------------------- 15,000,000 Monroe County Tobacco Asset Securitization Corp. RITES 3 10.713 5 06/01/2035 14,916,600 - -------------------------------------------------------------------------------------------------------------------------- 6,870,000 Monroe County Tobacco Asset Securitization Corp. RITES 3 11.086 5 06/01/2042 7,030,346 - -------------------------------------------------------------------------------------------------------------------------- 9,000,000 Monroe County Tobacco Asset Securitization Corp. RITES 3 15.644 5 06/01/2042 9,315,090 - -------------------------------------------------------------------------------------------------------------------------- 2,160,000 Monroe Newpower Corp. 5.500 01/01/2034 2,222,921 - -------------------------------------------------------------------------------------------------------------------------- 530,000 Monroe Newpower Corp. 5.625 01/01/2026 552,817 - -------------------------------------------------------------------------------------------------------------------------- 5,860,000 Montgomery County IDA (ASMF) 3,6,7 7.250 01/15/2019 581,898 - -------------------------------------------------------------------------------------------------------------------------- 500,000 Mount Vernon IDA (Kings Court) 5.200 12/01/2033 499,740 - -------------------------------------------------------------------------------------------------------------------------- 3,275,000 Mount Vernon IDA (Macedonia Towers) 5.200 12/01/2033 3,273,297 - -------------------------------------------------------------------------------------------------------------------------- 2,295,000 Mount Vernon IDA (Meadowview) 6.150 06/01/2019 2,312,213 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 Mount Vernon IDA (Meadowview) 6.200 06/01/2029 2,511,100 - -------------------------------------------------------------------------------------------------------------------------- 14,200,000 MTA RITES 3 14.185 5 11/15/2025 16,288,252 - -------------------------------------------------------------------------------------------------------------------------- 1,910,000 MTA RITES 3 14.185 5 11/15/2028 2,094,048 - -------------------------------------------------------------------------------------------------------------------------- 10,000,000 MTA RITES 3 14.185 5 11/15/2030 10,922,800 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 MTA RITES 3 14.185 5 11/15/2030 5,461,400 - -------------------------------------------------------------------------------------------------------------------------- 2,890,000 MTA RITES 3 14.185 5 11/15/2030 3,156,689 - -------------------------------------------------------------------------------------------------------------------------- 7,500,000 MTA RITES 3 14.185 5 11/15/2031 8,171,700 - -------------------------------------------------------------------------------------------------------------------------- 2,125,000 MTA RITES 3 14.185 5 11/15/2032 2,303,755 - -------------------------------------------------------------------------------------------------------------------------- 2,220,000 MTA Service Contract RITES 3 14.685 5 01/01/2024 2,576,310 - -------------------------------------------------------------------------------------------------------------------------- 20,000,000 MTA Service Contract, Series A 5.125 01/01/2024 20,802,400 - -------------------------------------------------------------------------------------------------------------------------- 136,525,000 MTA Service Contract, Series A 5.125 01/01/2029 139,669,171 - -------------------------------------------------------------------------------------------------------------------------- 20,000,000 MTA Service Contract, Series A 5.750 07/01/2031 22,416,600 - -------------------------------------------------------------------------------------------------------------------------- 33,275,000 MTA Service Contract, Series B 5.250 01/01/2031 34,570,729 - -------------------------------------------------------------------------------------------------------------------------- 42,295,000 MTA, Series A 5.125 11/15/2031 43,225,490 - -------------------------------------------------------------------------------------------------------------------------- 20,000,000 MTA, Series B 5.250 11/15/2032 20,666,600 - -------------------------------------------------------------------------------------------------------------------------- 34,730,000 MTA, Series E 5.250 11/15/2031 35,828,163 - -------------------------------------------------------------------------------------------------------------------------- 802,824 Municipal Assistance Corp. for Troy, NY 0.000 1 07/15/2021 376,235 - -------------------------------------------------------------------------------------------------------------------------- 1,218,573 Municipal Assistance Corp. for Troy, NY 0.000 1 01/15/2022 551,758 - -------------------------------------------------------------------------------------------------------------------------- 1,195,000 Nassau County IDA (ALIA-ACDS) 7.500 06/01/2015 1,306,410 - -------------------------------------------------------------------------------------------------------------------------- 2,975,000 Nassau County IDA (ALIA-ACLD) 6.250 09/01/2022 3,017,453 - -------------------------------------------------------------------------------------------------------------------------- 250,000 Nassau County IDA (ALIA-ACLD) 7.125 06/01/2017 267,565 - -------------------------------------------------------------------------------------------------------------------------- 400,000 Nassau County IDA (ALIA-ACLD) 7.500 06/01/2015 437,292 - -------------------------------------------------------------------------------------------------------------------------- 6,495,000 Nassau County IDA (ALIA-CSMR) 7.000 11/01/2016 6,968,421 - -------------------------------------------------------------------------------------------------------------------------- 3,705,000 Nassau County IDA (ALIA-CSMR) 7.125 06/01/2017 3,970,056 - -------------------------------------------------------------------------------------------------------------------------- 1,995,000 Nassau County IDA (ALIA-CSMR) 7.500 06/01/2015 2,180,994 - -------------------------------------------------------------------------------------------------------------------------- 365,000 Nassau County IDA (ALIA-FREE) 7.125 06/01/2012 395,821 - -------------------------------------------------------------------------------------------------------------------------- 2,465,000 Nassau County IDA (ALIA-FREE) 7.500 06/01/2015 2,694,812 - -------------------------------------------------------------------------------------------------------------------------- 4,030,000 Nassau County IDA (ALIA-FREE) 8.150 06/01/2030 4,324,190 - -------------------------------------------------------------------------------------------------------------------------- 6,550,000 Nassau County IDA (ALIA-FREE) 8.250 06/01/2032 6,980,204 - -------------------------------------------------------------------------------------------------------------------------- 995,000 Nassau County IDA (ALIA-HH) 7.125 06/01/2017 1,066,182 - -------------------------------------------------------------------------------------------------------------------------- 765,000 Nassau County IDA (ALIA-HHS) 7.125 06/01/2017 819,728 - -------------------------------------------------------------------------------------------------------------------------- 260,000 Nassau County IDA (ALIA-LVH) 7.500 06/01/2015 284,240 - -------------------------------------------------------------------------------------------------------------------------- 600,000 Nassau County IDA (CNGCS) 7.500 06/01/2030 655,938 - -------------------------------------------------------------------------------------------------------------------------- 2,245,000 Nassau County IDA (CNGCS) 8.150 06/01/2030 2,445,299 - -------------------------------------------------------------------------------------------------------------------------- 970,000 Nassau County IDA (Leo D. Bernstein & Sons) 8.000 11/01/2010 958,991 - -------------------------------------------------------------------------------------------------------------------------- 6,060,000 Nassau County IDA (Leo D. Bernstein & Sons) 8.875 11/01/2026 6,012,005 - -------------------------------------------------------------------------------------------------------------------------- 3,955,000 Nassau County IDA (Little Village School) 7.500 12/01/2031 4,168,926 - -------------------------------------------------------------------------------------------------------------------------- 470,000 Nassau County IDA (Little Village School) 7.500 12/01/2031 470,606 - -------------------------------------------------------------------------------------------------------------------------- 2,290,000 Nassau County IDA (North Shore CFGA) 6.750 05/01/2024 2,290,595 - -------------------------------------------------------------------------------------------------------------------------- 2,759,599 Nassau County IDA (Sharp International) 3,6,7 7.375 12/01/2007 106,245 - -------------------------------------------------------------------------------------------------------------------------- 1,752,588 Nassau County IDA (Sharp International) 3,6,7 7.375 12/01/2007 67,475 - -------------------------------------------------------------------------------------------------------------------------- 2,527,212 Nassau County IDA (Sharp International) 3,6,7 7.875 12/01/2012 97,298 - -------------------------------------------------------------------------------------------------------------------------- 1,597,663 Nassau County IDA (Sharp International) 3,6,7 7.875 12/01/2012 61,510 - -------------------------------------------------------------------------------------------------------------------------- 2,050,000 Nassau County IDA (United Cerebral Palsy) 6.250 11/01/2014 1,989,894 - -------------------------------------------------------------------------------------------------------------------------- 24,530,000 Nassau County IDA (Westbury Senior Living) 7.900 11/01/2031 24,365,894 - -------------------------------------------------------------------------------------------------------------------------- 4,375,000 Nassau County IFA RITES 3 14.765 5 11/15/2021 5,389,913 - -------------------------------------------------------------------------------------------------------------------------- 17,730,000 Nassau County Tobacco Settlement Corp. RITES 3 10.763 5 07/15/2033 18,367,925 - -------------------------------------------------------------------------------------------------------------------------- 10,535,000 Nassau County Tobacco Settlement Corp. RITES 3 10.963 5 07/15/2027 11,015,712 - -------------------------------------------------------------------------------------------------------------------------- 17,590,000 Nassau County Tobacco Settlement Corp. RITES 3 11.163 5 07/15/2039 18,476,360 - -------------------------------------------------------------------------------------------------------------------------- 7,155,000 Nassau IDA (EBS North Hills LLC) 7.800 05/01/2045 7,320,781 - -------------------------------------------------------------------------------------------------------------------------- 3,340,000 Nassau IDA (EBS North Hills LLC) 7.800 05/01/2045 3,295,745 - -------------------------------------------------------------------------------------------------------------------------- 4,290,000 Nassau IDA (EBS North Hills LLC) 7.800 05/01/2045 4,233,158 - -------------------------------------------------------------------------------------------------------------------------- 6,195,000 Nassau IDA (EBS North Hills LLC) 7.800 05/01/2045 6,187,380 - -------------------------------------------------------------------------------------------------------------------------- 4,775,000 Nassau IDA (EBS North Hills LLC) 7.800 05/01/2045 4,711,731 - -------------------------------------------------------------------------------------------------------------------------- 4,775,000 Nassau IDA (EBS North Hills LLC) 7.800 05/01/2045 4,752,080 - -------------------------------------------------------------------------------------------------------------------------- 20,000 New Hartford HDC (Village Point) 7.375 01/01/2024 20,036 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 New Hartford-Sunset Wood Funding Corp. 5.500 02/01/2029 2,086,860 - -------------------------------------------------------------------------------------------------------------------------- 13,010,000 New Rochelle IDA (College of New Rochelle) 5.250 07/01/2027 13,316,906 - -------------------------------------------------------------------------------------------------------------------------- 6,500,000 New Rochelle IDA (College of New Rochelle) 5.500 07/01/2019 6,916,065 - -------------------------------------------------------------------------------------------------------------------------- 4,950,000 Newark-Wayne Community Hospital 5.875 01/15/2033 5,000,837 - -------------------------------------------------------------------------------------------------------------------------- 2,515,000 Newark-Wayne Community Hospital 7.600 09/01/2015 2,481,852 - -------------------------------------------------------------------------------------------------------------------------- 3,300,000 Niagara County IDA (American Ref- Fuel Company) 5.550 11/15/2024 3,526,479 - -------------------------------------------------------------------------------------------------------------------------- 1,500,000 Niagara County IDA (Niagara University) 5.350 11/01/2023 1,589,415 - -------------------------------------------------------------------------------------------------------------------------- 5,400,000 Niagara County IDA (Niagara University) 5.400 11/01/2031 5,610,006 - -------------------------------------------------------------------------------------------------------------------------- 1,550,000 Niagara County IDA (Sevenson Hotel) 6.600 05/01/2007 1,551,178 - -------------------------------------------------------------------------------------------------------------------------- 6,500,000 Niagara County IDA (Solid Waste Disposal) 5.625 11/15/2024 6,955,650 - -------------------------------------------------------------------------------------------------------------------------- 1,305,000 Niagara County Tobacco Asset Securitization Corp. 6.250 05/15/2034 1,279,879 - -------------------------------------------------------------------------------------------------------------------------- 5,915,000 Niagara County Tobacco Asset Securitization Corp. 6.250 05/15/2040 5,730,156 - -------------------------------------------------------------------------------------------------------------------------- 1,700,000 Niagara Falls CSD COP (High School Facility) 5.375 06/15/2028 1,718,989 - -------------------------------------------------------------------------------------------------------------------------- 750,000 Niagara Falls CSD COP (High School Facility) 6.625 06/15/2028 809,415 - -------------------------------------------------------------------------------------------------------------------------- 25,000 Niagara Frontier Transportation Authority (Buffalo Niagara International Airport) 5.625 04/01/2029 26,778 - -------------------------------------------------------------------------------------------------------------------------- 715,000 North Babylon Volunteer Fire Company 5.750 08/01/2022 789,460 - -------------------------------------------------------------------------------------------------------------------------- 1,555,000 North Country Devel. Authority (Clarkson University) 5.500 07/01/2019 1,654,971 - -------------------------------------------------------------------------------------------------------------------------- 3,145,000 North Country Devel. Authority (Clarkson University) 5.500 07/01/2029 3,268,536 - -------------------------------------------------------------------------------------------------------------------------- 485,000 North Tonawanda HDC (Bishop Gibbons Associates) 6.800 12/15/2007 508,295 - -------------------------------------------------------------------------------------------------------------------------- 3,295,000 North Tonawanda HDC (Bishop Gibbons Associates) 7.375 12/15/2021 3,690,927 - -------------------------------------------------------------------------------------------------------------------------- 25,000 Nunda GO 8.000 05/01/2010 30,130 - -------------------------------------------------------------------------------------------------------------------------- 615,000 NY Counties Tobacco Trust I (TASC) 6.500 06/01/2035 618,389 - -------------------------------------------------------------------------------------------------------------------------- 3,975,000 NY Counties Tobacco Trust I (TASC) Fixed Receipts 3 6.225 06/01/2028 3,947,891 - -------------------------------------------------------------------------------------------------------------------------- 11,915,000 NY Counties Tobacco Trust I (TASC) RITES 3 14.516 5 06/01/2028 11,671,100 - -------------------------------------------------------------------------------------------------------------------------- 29,525,000 NY Counties Tobacco Trust I RITES 3 10.741 5 06/01/2042 30,214,114 - -------------------------------------------------------------------------------------------------------------------------- 9,105,000 NY Counties Tobacco Trust I RITES 3 10.963 5 06/01/2035 9,205,428 - -------------------------------------------------------------------------------------------------------------------------- 29,780,000 NY Counties Tobacco Trust II (TASC) 5.625 06/01/2035 26,565,845 - -------------------------------------------------------------------------------------------------------------------------- 53,565,000 NY Counties Tobacco Trust II (TASC) 5.750 06/01/2043 47,524,475 - -------------------------------------------------------------------------------------------------------------------------- 200,000 NYC GO 0.000 1 05/15/2012 149,258 - -------------------------------------------------------------------------------------------------------------------------- 40,000 NYC GO 0.000 1 10/01/2012 29,353 - -------------------------------------------------------------------------------------------------------------------------- 2,610,000 NYC GO 5.000 09/15/2028 2,643,043 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 NYC GO 5.250 10/15/2021 5,339,100 - -------------------------------------------------------------------------------------------------------------------------- 1,015,000 NYC GO 5.250 08/15/2023 1,047,866 - -------------------------------------------------------------------------------------------------------------------------- 500,000 NYC GO 5.250 08/01/2024 511,725 - -------------------------------------------------------------------------------------------------------------------------- 33,420,000 NYC GO 5.250 06/01/2027 34,690,294 - -------------------------------------------------------------------------------------------------------------------------- 4,400,000 NYC GO 5.250 06/01/2028 4,570,720 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYC GO 5.250 09/15/2033 1,033,530 - -------------------------------------------------------------------------------------------------------------------------- 20,825,000 NYC GO 5.375 12/01/2026 21,793,363 - -------------------------------------------------------------------------------------------------------------------------- 500,000 NYC GO 5.375 08/01/2027 511,510 - -------------------------------------------------------------------------------------------------------------------------- 1,115,000 NYC GO 5.375 03/15/2028 1,165,643 - -------------------------------------------------------------------------------------------------------------------------- 55,765,000 NYC GO 5.375 06/01/2032 58,107,130 - -------------------------------------------------------------------------------------------------------------------------- 11,500,000 NYC GO 5.500 08/01/2020 12,669,205 - -------------------------------------------------------------------------------------------------------------------------- 11,860,000 NYC GO 5.500 08/01/2021 12,992,274 - -------------------------------------------------------------------------------------------------------------------------- 1,255,000 NYC GO 5.500 06/01/2028 1,330,965 - -------------------------------------------------------------------------------------------------------------------------- 6,910,000 NYC GO 5.500 12/01/2031 7,279,201 - -------------------------------------------------------------------------------------------------------------------------- 7,075,000 NYC GO 5.500 11/15/2037 7,255,766 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 NYC GO 5.625 03/15/2019 5,477,200 - -------------------------------------------------------------------------------------------------------------------------- 20,000 NYC GO 5.750 02/01/2020 21,092 - -------------------------------------------------------------------------------------------------------------------------- 1,500,000 NYC GO 5.750 03/01/2020 1,680,675 - -------------------------------------------------------------------------------------------------------------------------- 5,000 NYC GO 5.950 08/01/2014 5,593 - -------------------------------------------------------------------------------------------------------------------------- 25,255,000 NYC GO 6.000 01/15/2021 28,606,844 - -------------------------------------------------------------------------------------------------------------------------- 335,000 NYC GO 6.350 05/15/2014 378,007 - -------------------------------------------------------------------------------------------------------------------------- 5,000 NYC GO 7.000 02/01/2010 5,084 - -------------------------------------------------------------------------------------------------------------------------- 5,000 NYC GO 7.250 08/15/2024 5,020 - -------------------------------------------------------------------------------------------------------------------------- 15,000 NYC GO 7.750 08/15/2028 15,298 - -------------------------------------------------------------------------------------------------------------------------- 100,000 NYC GO DIAMONDS 0.000 8 08/01/2025 87,465 - -------------------------------------------------------------------------------------------------------------------------- 837,000 NYC GO RIBS 10.470 5 08/12/2010 860,712 - -------------------------------------------------------------------------------------------------------------------------- 837,000 NYC GO RIBS 10.470 5 09/01/2011 860,947 - -------------------------------------------------------------------------------------------------------------------------- 326,226 NYC HDC (Albert Einstein Staff Hsg.) 6.500 12/15/2017 342,782 - -------------------------------------------------------------------------------------------------------------------------- 1,252,814 NYC HDC (Atlantic Plaza Towers) 7.034 02/15/2019 1,318,636 - -------------------------------------------------------------------------------------------------------------------------- 1,045,000 NYC HDC (Barclay Avenue) 6.450 04/01/2017 1,087,239 - -------------------------------------------------------------------------------------------------------------------------- 4,055,000 NYC HDC (Barclay Avenue) 6.600 04/01/2033 4,196,398 - -------------------------------------------------------------------------------------------------------------------------- 308,220 NYC HDC (Bay Towers) 6.500 08/15/2017 324,340 - -------------------------------------------------------------------------------------------------------------------------- 2,306,118 NYC HDC (Boulevard Towers) 6.500 08/15/2017 2,426,405 - -------------------------------------------------------------------------------------------------------------------------- 391,474 NYC HDC (Bridgeview III) 6.500 12/15/2017 411,949 - -------------------------------------------------------------------------------------------------------------------------- 420,389 NYC HDC (Cadman Plaza North) 7.000 12/15/2018 441,985 - -------------------------------------------------------------------------------------------------------------------------- 1,093,134 NYC HDC (Cadman Towers) 6.500 11/15/2018 1,150,283 - -------------------------------------------------------------------------------------------------------------------------- 156,349 NYC HDC (Candia House) 6.500 06/15/2018 164,502 - -------------------------------------------------------------------------------------------------------------------------- 2,979,996 NYC HDC (Clinton Towers) 6.500 07/15/2017 3,135,433 - -------------------------------------------------------------------------------------------------------------------------- 258,151 NYC HDC (Contello III) 7.000 12/15/2018 271,701 - -------------------------------------------------------------------------------------------------------------------------- 1,219,347 NYC HDC (Cooper Gramercy) 6.500 08/15/2017 1,282,948 - -------------------------------------------------------------------------------------------------------------------------- 930,351 NYC HDC (Court Plaza) 6.500 08/15/2017 979,008 - -------------------------------------------------------------------------------------------------------------------------- 1,455,594 NYC HDC (Crown Gardens) 7.250 01/15/2019 1,532,522 - -------------------------------------------------------------------------------------------------------------------------- 3,027,478 NYC HDC (East Midtown Plaza) 6.500 11/15/2018 3,185,754 - -------------------------------------------------------------------------------------------------------------------------- 2,925,936 NYC HDC (Esplanade Gardens) 7.000 01/15/2019 3,080,045 - -------------------------------------------------------------------------------------------------------------------------- 70,183 NYC HDC (Essex Terrace) 6.500 07/15/2018 73,843 - -------------------------------------------------------------------------------------------------------------------------- 420,307 NYC HDC (Forest Park Crescent) 6.500 12/15/2017 442,230 - -------------------------------------------------------------------------------------------------------------------------- 1,396,944 NYC HDC (Gouverneur Gardens) 7.034 02/15/2019 1,470,549 - -------------------------------------------------------------------------------------------------------------------------- 966,152 NYC HDC (Janel Towers) 6.500 09/15/2017 1,016,681 - -------------------------------------------------------------------------------------------------------------------------- 338,022 NYC HDC (Kingsbridge Arms) 6.500 08/15/2017 355,701 - -------------------------------------------------------------------------------------------------------------------------- 193,650 NYC HDC (Kingsbridge Arms) 6.500 11/15/2018 203,749 - -------------------------------------------------------------------------------------------------------------------------- 1,483,534 NYC HDC (Lincoln-Amsterdam) 7.250 11/15/2018 1,559,803 - -------------------------------------------------------------------------------------------------------------------------- 2,224,175 NYC HDC (Montefiore Hospital Hsg. Sec. II) 6.500 10/15/2017 2,340,188 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 NYC HDC (Multifamily Hsg.), Series A 5.500 11/01/2034 3,083,100 - -------------------------------------------------------------------------------------------------------------------------- 10,470,000 NYC HDC (Multifamily Hsg.), Series A 5.600 11/01/2042 10,837,392 - -------------------------------------------------------------------------------------------------------------------------- 775,000 NYC HDC (Multifamily Hsg.), Series C 5.700 05/01/2031 800,622 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYC HDC (Multifamily Hsg.), Series E 5.200 11/01/2033 1,011,600 - -------------------------------------------------------------------------------------------------------------------------- 2,155,000 NYC HDC (Multifamily Hsg.), Series F 5.200 11/01/2032 2,181,420 - -------------------------------------------------------------------------------------------------------------------------- 741,367 NYC HDC (New Amsterdam House) 6.500 08/15/2018 780,125 - -------------------------------------------------------------------------------------------------------------------------- 757,844 NYC HDC (New Amsterdam House) 6.500 08/15/2018 759,784 - -------------------------------------------------------------------------------------------------------------------------- 912,178 NYC HDC (Riverbend) 6.500 11/15/2018 959,867 - -------------------------------------------------------------------------------------------------------------------------- 5,709,441 NYC HDC (Riverside Park Community) 7.250 11/15/2018 6,016,380 - -------------------------------------------------------------------------------------------------------------------------- 399,549 NYC HDC (RNA House) 7.000 12/15/2018 420,581 - -------------------------------------------------------------------------------------------------------------------------- 564,049 NYC HDC (Robert Fulton Terrace) 6.500 12/15/2017 593,549 - -------------------------------------------------------------------------------------------------------------------------- 208,519 NYC HDC (Rosalie Manning Apartments) 7.034 11/15/2018 219,473 - -------------------------------------------------------------------------------------------------------------------------- 555,253 NYC HDC (Scott Tower) 7.000 12/15/2018 584,398 - -------------------------------------------------------------------------------------------------------------------------- 759,874 NYC HDC (Seaview Towers) 6.500 01/15/2018 799,501 - -------------------------------------------------------------------------------------------------------------------------- 313,809 NYC HDC (St. Martin Tower) 6.500 11/15/2018 330,215 - -------------------------------------------------------------------------------------------------------------------------- 1,451,774 NYC HDC (Stevenson Commons) 6.500 05/15/2018 1,527,484 - -------------------------------------------------------------------------------------------------------------------------- 413,950 NYC HDC (Strycker's Bay Apartments) 7.034 11/15/2018 414,931 - -------------------------------------------------------------------------------------------------------------------------- 1,446,318 NYC HDC (Tivoli Towers) 6.500 01/15/2018 1,520,846 - -------------------------------------------------------------------------------------------------------------------------- 196,471 NYC HDC (Town House West) 6.500 01/15/2018 206,576 - -------------------------------------------------------------------------------------------------------------------------- 303,008 NYC HDC (Tri-Faith House) 7.000 01/15/2019 318,922 - -------------------------------------------------------------------------------------------------------------------------- 1,271,972 NYC HDC (University River View) 6.500 08/15/2017 1,338,496 - -------------------------------------------------------------------------------------------------------------------------- 386,137 NYC HDC (Washington Square Southeast) 7.000 01/15/2019 406,185 - -------------------------------------------------------------------------------------------------------------------------- 347,191 NYC HDC (West Side Manor) 6.500 11/15/2018 365,297 - -------------------------------------------------------------------------------------------------------------------------- 218,365 NYC HDC (Westview Apartments) 6.500 10/15/2017 229,785 - -------------------------------------------------------------------------------------------------------------------------- 515,904 NYC HDC (Woodstock Terrace) 7.034 02/15/2019 543,010 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYC Health & Hospital Corp. 5.375 02/15/2026 1,022,460 - -------------------------------------------------------------------------------------------------------------------------- 5,875,000 NYC Health & Hospital Corp. RITES 3 14.245 5 02/15/2020 7,133,778 - -------------------------------------------------------------------------------------------------------------------------- 1,275,000 NYC IDA (A Very Special Place) 5.750 01/01/2029 1,044,251 - -------------------------------------------------------------------------------------------------------------------------- 465,000 NYC IDA (A-Lite Vertical Products) 6.750 11/01/2009 458,439 - -------------------------------------------------------------------------------------------------------------------------- 1,330,000 NYC IDA (A-Lite Vertical Products) 7.500 11/01/2019 1,307,736 - -------------------------------------------------------------------------------------------------------------------------- 3,600,000 NYC IDA (Acme Architectural Products) 6.375 11/01/2019 3,246,444 - -------------------------------------------------------------------------------------------------------------------------- 29,615,000 NYC IDA (Airis JFK I/JFK International Airport) 5.500 07/01/2028 29,035,138 - -------------------------------------------------------------------------------------------------------------------------- 20,745,000 NYC IDA (Airis JFK I/JFK International Airport) 6.000 07/01/2027 20,797,900 - -------------------------------------------------------------------------------------------------------------------------- 1,035,000 NYC IDA (ALA Realty) 7.500 12/01/2010 1,062,738 - -------------------------------------------------------------------------------------------------------------------------- 1,450,000 NYC IDA (ALA Realty) 8.375 12/01/2015 1,513,800 - -------------------------------------------------------------------------------------------------------------------------- 355,000 NYC IDA (Allied Metal) 6.375 12/01/2014 351,670 - -------------------------------------------------------------------------------------------------------------------------- 940,000 NYC IDA (Allied Metal) 7.125 12/01/2027 941,429 - -------------------------------------------------------------------------------------------------------------------------- 3,335,000 NYC IDA (Amboy Properties) 6.750 06/01/2020 3,096,481 - -------------------------------------------------------------------------------------------------------------------------- 2,595,000 NYC IDA (American Airlines) 5.400 07/01/2019 1,469,834 - -------------------------------------------------------------------------------------------------------------------------- 29,935,000 NYC IDA (American Airlines) 5.400 07/01/2020 16,807,305 - -------------------------------------------------------------------------------------------------------------------------- 38,410,000 NYC IDA (American Airlines) 6.900 08/01/2024 24,262,829 - -------------------------------------------------------------------------------------------------------------------------- 331,800,000 NYC IDA (American Airlines) 8.500 08/01/2028 251,159,328 - -------------------------------------------------------------------------------------------------------------------------- 915,000 NYC IDA (Atlantic Paste & Glue Company) 6.000 11/01/2007 913,929 - -------------------------------------------------------------------------------------------------------------------------- 4,620,000 NYC IDA (Atlantic Paste & Glue Company) 6.625 11/01/2019 4,657,514 - -------------------------------------------------------------------------------------------------------------------------- 1,160,000 NYC IDA (Atlantic Veal & Lamb) 8.375 12/01/2016 1,206,899 - -------------------------------------------------------------------------------------------------------------------------- 670,000 NYC IDA (Baco Enterprises) 7.500 11/01/2011 672,539 - -------------------------------------------------------------------------------------------------------------------------- 1,685,000 NYC IDA (Baco Enterprises) 8.500 11/01/2021 1,687,039 - -------------------------------------------------------------------------------------------------------------------------- 290,000 NYC IDA (Bark Frameworks) 6.000 11/01/2007 281,135 - -------------------------------------------------------------------------------------------------------------------------- 1,500,000 NYC IDA (Bark Frameworks) 6.750 11/01/2019 1,389,720 - -------------------------------------------------------------------------------------------------------------------------- 11,115,000 NYC IDA (Berkeley Carroll School) 6.100 11/01/2028 10,116,428 - -------------------------------------------------------------------------------------------------------------------------- 5,500,000 NYC IDA (Beth Abraham Health Services) 6.500 02/15/2022 5,709,330 - -------------------------------------------------------------------------------------------------------------------------- 1,035,000 NYC IDA (Beth Abraham Health Services) 6.500 11/15/2027 1,061,424 - -------------------------------------------------------------------------------------------------------------------------- 4,220,000 NYC IDA (Beth Abraham Health Services) 6.500 11/15/2034 4,329,171 - -------------------------------------------------------------------------------------------------------------------------- 29,380,000 NYC IDA (British Airways) 5.250 12/01/2032 21,643,658 - -------------------------------------------------------------------------------------------------------------------------- 14,890,000 NYC IDA (British Airways) 7.625 12/01/2032 14,792,024 - -------------------------------------------------------------------------------------------------------------------------- 72,320,000 NYC IDA (Brooklyn Navy Yard Cogeneration Partners) 5.650 10/01/2028 67,131,040 - -------------------------------------------------------------------------------------------------------------------------- 139,740,000 NYC IDA (Brooklyn Navy Yard Cogeneration Partners) 5.750 10/01/2036 128,411,278 - -------------------------------------------------------------------------------------------------------------------------- 8,510,000 NYC IDA (Brooklyn Navy Yard Cogeneration Partners) 6.200 10/01/2022 8,489,831 - -------------------------------------------------------------------------------------------------------------------------- 16,205,000 NYC IDA (Calhoun School) 6.625 12/01/2034 16,129,647 - -------------------------------------------------------------------------------------------------------------------------- 345,000 NYC IDA (Cellini Furniture Crafters) 3 6.625 11/01/2009 321,098 - -------------------------------------------------------------------------------------------------------------------------- 885,000 NYC IDA (Cellini Furniture Crafters) 3 7.125 11/01/2019 805,757 - -------------------------------------------------------------------------------------------------------------------------- 2,235,000 NYC IDA (Chardan Corp.) 7.750 11/01/2020 2,189,540 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 NYC IDA (College of Aeronautics) 5.450 05/01/2018 2,568,700 - -------------------------------------------------------------------------------------------------------------------------- 9,600,000 NYC IDA (College of Aeronautics) 5.500 05/01/2028 9,620,064 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 NYC IDA (College of New Rochelle) 5.750 09/01/2017 2,657,100 - -------------------------------------------------------------------------------------------------------------------------- 2,900,000 NYC IDA (College of New Rochelle) 5.800 09/01/2026 3,038,794 - -------------------------------------------------------------------------------------------------------------------------- 2,715,000 NYC IDA (Community Hospital of Brooklyn) 6.875 11/01/2010 2,639,061 - -------------------------------------------------------------------------------------------------------------------------- 3,975,000 NYC IDA (Comprehensive Care Management) 6.375 11/01/2028 3,972,456 - -------------------------------------------------------------------------------------------------------------------------- 1,575,000 NYC IDA (Comprehensive Care Management) 6.375 11/01/2028 1,573,929 - -------------------------------------------------------------------------------------------------------------------------- 1,770,000 NYC IDA (Comprehensive Care Management) 7.875 12/01/2016 1,886,661 - -------------------------------------------------------------------------------------------------------------------------- 1,380,000 NYC IDA (Comprehensive Care Management) 8.000 12/01/2011 1,423,649 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYC IDA (Continental Airlines) 7.250 11/01/2008 896,070 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 NYC IDA (Continental Airlines) 8.375 11/01/2016 1,703,840 - -------------------------------------------------------------------------------------------------------------------------- 715,000 NYC IDA (Dioni) 6.000 11/01/2007 710,717 - -------------------------------------------------------------------------------------------------------------------------- 3,600,000 NYC IDA (Dioni) 6.625 11/01/2019 3,614,076 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYC IDA (Eger Harbor House) 5.875 05/20/2044 1,103,180 - -------------------------------------------------------------------------------------------------------------------------- 720,000 NYC IDA (Excel Paint Applicators) 3 8.250 11/01/2010 704,110 - -------------------------------------------------------------------------------------------------------------------------- 4,825,000 NYC IDA (Excel Paint Applicators) 3 8.625 11/01/2026 4,629,539 - -------------------------------------------------------------------------------------------------------------------------- 7,315,000 NYC IDA (Friends Seminary School) 7.125 09/15/2031 7,847,239 - -------------------------------------------------------------------------------------------------------------------------- 3,280,000 NYC IDA (Gabrielli Truck Sales) 8.125 12/01/2017 3,478,932 - -------------------------------------------------------------------------------------------------------------------------- 2,265,000 NYC IDA (Gateway School of NY) 6.500 11/01/2019 2,351,976 - -------------------------------------------------------------------------------------------------------------------------- 8,000,000 NYC IDA (General Motors Corp.) 5.125 12/30/2023 8,035,360 - -------------------------------------------------------------------------------------------------------------------------- 2,175,000 NYC IDA (Good Shepherd Services) 5.875 06/01/2014 2,204,450 - -------------------------------------------------------------------------------------------------------------------------- 1,155,000 NYC IDA (Graphic Artists) 8.250 12/30/2023 1,170,985 - -------------------------------------------------------------------------------------------------------------------------- 405,000 NYC IDA (Herbert G. Birch Childhood Project) 7.375 02/01/2009 406,470 - -------------------------------------------------------------------------------------------------------------------------- 2,195,000 NYC IDA (Herbert G. Birch Childhood Project) 8.375 02/01/2022 2,285,149 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYC IDA (Institute of International Education) 5.250 09/01/2021 1,056,000 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 NYC IDA (Institute of International Education) 5.250 09/01/2031 3,084,780 - -------------------------------------------------------------------------------------------------------------------------- 1,605,000 NYC IDA (Julia Gray) 7.500 11/01/2020 1,625,688 - -------------------------------------------------------------------------------------------------------------------------- 890,000 NYC IDA (Just Bagels Manufacturing) 8.500 11/01/2016 904,649 - -------------------------------------------------------------------------------------------------------------------------- 1,050,000 NYC IDA (Just Bagels Manufacturing) 8.750 11/01/2026 1,067,115 - -------------------------------------------------------------------------------------------------------------------------- 1,675,000 NYC IDA (Koenig Iron Works) 8.375 12/01/2025 1,763,122 - -------------------------------------------------------------------------------------------------------------------------- 1,495,000 NYC IDA (L&M Optical Disc) 7.125 11/01/2010 1,510,698 - -------------------------------------------------------------------------------------------------------------------------- 3,025,000 NYC IDA (Little Red Schoolhouse) 6.750 11/01/2018 3,054,706 - -------------------------------------------------------------------------------------------------------------------------- 545,000 NYC IDA (Lucky Polyethylene Manufacturing Company) 7.000 11/01/2009 509,537 - -------------------------------------------------------------------------------------------------------------------------- 2,995,000 NYC IDA (Lucky Polyethylene Manufacturing Company) 7.800 11/01/2024 2,665,969 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 NYC IDA (Lycee Francais De New York) 5.375 06/01/2023 2,045,620 - -------------------------------------------------------------------------------------------------------------------------- 23,000,000 NYC IDA (Magen David Yeshivah) 5.700 06/15/2027 24,215,320 - -------------------------------------------------------------------------------------------------------------------------- 680,000 NYC IDA (Marymount School of NY) 5.125 09/01/2021 701,583 - -------------------------------------------------------------------------------------------------------------------------- 3,875,000 NYC IDA (Marymount School of NY) 5.250 09/01/2031 3,925,763 - -------------------------------------------------------------------------------------------------------------------------- 19,335,000 NYC IDA (MediSys Health Network) 6.250 03/15/2024 17,500,495 - -------------------------------------------------------------------------------------------------------------------------- 1,915,000 NYC IDA (Mesorah Publications) 6.450 02/01/2011 1,923,177 - -------------------------------------------------------------------------------------------------------------------------- 4,790,000 NYC IDA (Mesorah Publications) 6.950 02/01/2021 4,682,129 - -------------------------------------------------------------------------------------------------------------------------- 2,275,000 NYC IDA (Morrisons Pastry) 6.500 11/01/2019 2,234,801 - -------------------------------------------------------------------------------------------------------------------------- 18,245,000 NYC IDA (Northwest Airlines) 6.000 06/01/2027 12,536,504 - -------------------------------------------------------------------------------------------------------------------------- 4,400,000 NYC IDA (NY Hostel Company) 7.600 01/01/2017 4,507,096 - -------------------------------------------------------------------------------------------------------------------------- 470,000 NYC IDA (NY Vanities & Manufacturing) 7.000 11/01/2009 452,521 - -------------------------------------------------------------------------------------------------------------------------- 1,405,000 NYC IDA (NY Vanities & Manufacturing) 7.500 11/01/2019 1,346,678 - -------------------------------------------------------------------------------------------------------------------------- 715,000 NYC IDA (NYC Outward Bound Center) 7.250 11/01/2010 722,550 - -------------------------------------------------------------------------------------------------------------------------- 545,000 NYC IDA (Paradise Products) 7.125 11/01/2007 554,974 - -------------------------------------------------------------------------------------------------------------------------- 4,475,000 NYC IDA (Paradise Products) 8.250 11/01/2022 4,690,069 - -------------------------------------------------------------------------------------------------------------------------- 875,000 NYC IDA (Petrocelli Electric) 7.250 11/01/2007 897,400 - -------------------------------------------------------------------------------------------------------------------------- 265,000 NYC IDA (Petrocelli Electric) 7.250 11/01/2008 272,073 - -------------------------------------------------------------------------------------------------------------------------- 3,780,000 NYC IDA (Petrocelli Electric) 8.000 11/01/2017 3,922,506 - -------------------------------------------------------------------------------------------------------------------------- 940,000 NYC IDA (Petrocelli Electric) 8.000 11/01/2018 982,262 - -------------------------------------------------------------------------------------------------------------------------- 6,265,000 NYC IDA (Polytechnic University) 6.000 11/01/2020 5,810,600 - -------------------------------------------------------------------------------------------------------------------------- 34,000,000 NYC IDA (Polytechnic University) 6.125 11/01/2030 31,038,940 - -------------------------------------------------------------------------------------------------------------------------- 180,000 NYC IDA (Pop Display) 6.750 12/30/2014 179,951 - -------------------------------------------------------------------------------------------------------------------------- 2,645,000 NYC IDA (Pop Display) 7.900 12/30/2014 2,661,161 - -------------------------------------------------------------------------------------------------------------------------- 2,240,000 NYC IDA (Precision Gear) 6.375 11/01/2024 2,221,094 - -------------------------------------------------------------------------------------------------------------------------- 1,910,000 NYC IDA (Precision Gear) 6.375 11/01/2024 1,871,705 - -------------------------------------------------------------------------------------------------------------------------- 930,000 NYC IDA (Precision Gear) 7.625 11/01/2024 974,138 - -------------------------------------------------------------------------------------------------------------------------- 4,100,000 NYC IDA (PSCH) 6.375 07/01/2033 4,323,245 - -------------------------------------------------------------------------------------------------------------------------- 445,000 NYC IDA (Psycho Therapy) 9.625 04/01/2010 445,650 - -------------------------------------------------------------------------------------------------------------------------- 815,000 NYC IDA (Puerto Rican Family Foundation) 7.000 10/01/2016 817,127 - -------------------------------------------------------------------------------------------------------------------------- 3,025,000 NYC IDA (Riverdale Terrace Hsg. Devel. Fund) 6.250 11/01/2014 2,840,838 - -------------------------------------------------------------------------------------------------------------------------- 8,595,000 NYC IDA (Riverdale Terrace Hsg. Devel. Fund) 6.750 11/01/2028 7,834,257 - -------------------------------------------------------------------------------------------------------------------------- 1,455,000 NYC IDA (Sahadi Fine Foods) 6.250 11/01/2009 1,402,358 - -------------------------------------------------------------------------------------------------------------------------- 4,085,000 NYC IDA (Sahadi Fine Foods) 6.750 11/01/2019 3,835,897 - -------------------------------------------------------------------------------------------------------------------------- 4,380,000 NYC IDA (Showman Fabricators) 7.500 11/01/2028 4,306,372 - -------------------------------------------------------------------------------------------------------------------------- 3,545,000 NYC IDA (South Bronx Overall Economic Devel.) 8.625 12/01/2025 3,609,519 - -------------------------------------------------------------------------------------------------------------------------- 4,255,000 NYC IDA (Special Needs Facilities Pooled Program) 6.650 07/01/2023 4,213,982 - -------------------------------------------------------------------------------------------------------------------------- 735,000 NYC IDA (Special Needs Facilities Pooled Program) 7.125 08/01/2006 752,228 - -------------------------------------------------------------------------------------------------------------------------- 7,010,000 NYC IDA (Special Needs Facilities Pooled Program) 7.875 08/01/2025 7,565,613 - -------------------------------------------------------------------------------------------------------------------------- 5,115,000 NYC IDA (St. Bernard's School) 7.000 12/01/2021 5,388,601 - -------------------------------------------------------------------------------------------------------------------------- 10,000 NYC IDA (Staten Island University Hospital) 6.375 07/01/2031 9,396 - -------------------------------------------------------------------------------------------------------------------------- 4,535,000 NYC IDA (Staten Island University Hospital) 6.375 07/01/2031 4,261,267 - -------------------------------------------------------------------------------------------------------------------------- 1,495,000 NYC IDA (Staten Island University Hospital) 6.450 07/01/2032 1,417,424 - -------------------------------------------------------------------------------------------------------------------------- 585,000 NYC IDA (Streamline Plastics) 7.750 12/01/2015 590,212 - -------------------------------------------------------------------------------------------------------------------------- 1,275,000 NYC IDA (Streamline Plastics) 8.125 12/01/2025 1,299,824 - -------------------------------------------------------------------------------------------------------------------------- 30,000 NYC IDA (Summit School) 7.250 12/01/2004 29,995 - -------------------------------------------------------------------------------------------------------------------------- 1,485,000 NYC IDA (Summit School) 8.250 12/01/2024 1,512,532 - -------------------------------------------------------------------------------------------------------------------------- 1,080,000 NYC IDA (Surprise Plastics) 7.500 11/01/2013 1,079,892 - -------------------------------------------------------------------------------------------------------------------------- 2,480,000 NYC IDA (Surprise Plastics) 8.500 11/01/2023 2,398,383 - -------------------------------------------------------------------------------------------------------------------------- 3,855,000 NYC IDA (Terminal One Group Association) 6.000 01/01/2015 3,941,699 - -------------------------------------------------------------------------------------------------------------------------- 25,760,000 NYC IDA (Terminal One Group Association) 6.000 01/01/2019 26,548,256 - -------------------------------------------------------------------------------------------------------------------------- 210,000 NYC IDA (Terminal One Group Association) 6.100 01/01/2009 214,488 - -------------------------------------------------------------------------------------------------------------------------- 10,825,000 NYC IDA (Terminal One Group Association) 6.125 01/01/2024 11,155,163 - -------------------------------------------------------------------------------------------------------------------------- 380,000 NYC IDA (The Bank Street College) 5.250 12/01/2021 406,053 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYC IDA (The Bank Street College) 5.250 12/01/2030 1,034,120 - -------------------------------------------------------------------------------------------------------------------------- 10,000,000 NYC IDA (The Child School) 7.550 06/01/2033 10,188,400 - -------------------------------------------------------------------------------------------------------------------------- 420,000 NYC IDA (Therapy & Learning Center) 7.500 10/01/2011 428,484 - -------------------------------------------------------------------------------------------------------------------------- 3,735,000 NYC IDA (Therapy & Learning Center) 8.250 10/01/2031 3,862,849 - -------------------------------------------------------------------------------------------------------------------------- 395,000 NYC IDA (THR Products Corp.) 7.250 11/01/2010 401,221 - -------------------------------------------------------------------------------------------------------------------------- 1,085,000 NYC IDA (THR Products Corp.) 8.250 11/01/2020 1,125,134 - -------------------------------------------------------------------------------------------------------------------------- 4,325,000 NYC IDA (Touro College) 6.350 06/01/2029 4,160,650 - -------------------------------------------------------------------------------------------------------------------------- 4,485,000 NYC IDA (Ulano) 6.900 11/01/2019 4,226,350 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYC IDA (United Nations School) 6.350 12/01/2015 1,051,670 - -------------------------------------------------------------------------------------------------------------------------- 1,155,000 NYC IDA (Urban Health Plan) 6.250 09/15/2009 1,127,245 - -------------------------------------------------------------------------------------------------------------------------- 9,830,000 NYC IDA (Urban Health Plan) 7.050 09/15/2026 9,229,682 - -------------------------------------------------------------------------------------------------------------------------- 3,640,000 NYC IDA (Urban Resource Institute) 7.375 11/01/2033 3,605,238 - -------------------------------------------------------------------------------------------------------------------------- 110,000 NYC IDA (Utleys) 6.625 11/01/2006 108,578 - -------------------------------------------------------------------------------------------------------------------------- 1,335,000 NYC IDA (Utleys) 7.375 11/01/2023 1,282,067 - -------------------------------------------------------------------------------------------------------------------------- 680,000 NYC IDA (Van Blarcom Closures) 7.125 11/01/2007 676,750 - -------------------------------------------------------------------------------------------------------------------------- 2,965,000 NYC IDA (Van Blarcom Closures) 8.000 11/01/2017 3,040,430 - -------------------------------------------------------------------------------------------------------------------------- 200,000 NYC IDA (Visy Paper) 7.550 01/01/2005 201,142 - -------------------------------------------------------------------------------------------------------------------------- 19,300,000 NYC IDA (Visy Paper) 7.800 01/01/2016 20,135,690 - -------------------------------------------------------------------------------------------------------------------------- 53,000,000 NYC IDA (Visy Paper) 7.950 01/01/2028 55,324,580 - -------------------------------------------------------------------------------------------------------------------------- 1,930,000 NYC IDA (Vocational Instruction) 7.750 02/01/2033 2,007,547 - -------------------------------------------------------------------------------------------------------------------------- 570,000 NYC IDA (W & W Jewelers) 7.250 02/01/2011 561,541 - -------------------------------------------------------------------------------------------------------------------------- 1,555,000 NYC IDA (W & W Jewelers) 8.250 02/01/2021 1,557,441 - -------------------------------------------------------------------------------------------------------------------------- 5,930,000 NYC IDA (Weizmann Institute) 5.900 11/01/2034 5,990,842 - -------------------------------------------------------------------------------------------------------------------------- 2,900,000 NYC IDA (Weizmann Institute) 5.900 11/01/2034 2,911,252 - -------------------------------------------------------------------------------------------------------------------------- 4,390,000 NYC IDA (Westchester Square Medical Center) 8.000 11/01/2010 4,504,930 - -------------------------------------------------------------------------------------------------------------------------- 6,160,000 NYC IDA (Westchester Square Medical Center) 8.375 11/01/2015 6,393,649 - -------------------------------------------------------------------------------------------------------------------------- 1,660,000 NYC IDA (World Casing Corp.) 6.700 11/01/2019 1,475,176 - -------------------------------------------------------------------------------------------------------------------------- 9,000,000 NYC IDA Special Facilities (JFK International Airport) 8.000 08/01/2012 7,214,670 - -------------------------------------------------------------------------------------------------------------------------- 530,000 NYC Municipal Water Finance Authority 0.000 1 06/15/2019 261,338 - -------------------------------------------------------------------------------------------------------------------------- 6,030,000 NYC Municipal Water Finance Authority 0.000 1 06/15/2020 2,796,955 - -------------------------------------------------------------------------------------------------------------------------- 18,000,000 NYC Municipal Water Finance Authority 5.000 06/15/2038 18,220,500 - -------------------------------------------------------------------------------------------------------------------------- 795,000 NYC Municipal Water Finance Authority 5.125 06/15/2031 813,500 - -------------------------------------------------------------------------------------------------------------------------- 25,000 NYC Municipal Water Finance Authority 5.125 06/15/2033 25,622 - -------------------------------------------------------------------------------------------------------------------------- 20,545,000 NYC Municipal Water Finance Authority 5.125 06/15/2034 21,046,709 - -------------------------------------------------------------------------------------------------------------------------- 580,000 NYC Municipal Water Finance Authority 5.250 06/15/2034 602,550 - -------------------------------------------------------------------------------------------------------------------------- 2,160,000 NYC Municipal Water Finance Authority 5.375 06/15/2026 2,262,730 - -------------------------------------------------------------------------------------------------------------------------- 260,000 NYC Municipal Water Finance Authority 5.500 06/15/2033 278,294 - -------------------------------------------------------------------------------------------------------------------------- 4,000,000 NYC Municipal Water Finance Authority CAB 0.000 1 06/15/2021 1,884,680 - -------------------------------------------------------------------------------------------------------------------------- 2,930,000 NYC Municipal Water Finance Authority RITES 3 14.126 5 06/15/2032 3,085,759 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 NYC Municipal Water Finance Authority RITES 3 14.185 5 06/15/2029 2,655,800 - -------------------------------------------------------------------------------------------------------------------------- 7,850,000 NYC Municipal Water Finance Authority RITES 3 14.185 5 06/15/2034 8,397,145 - -------------------------------------------------------------------------------------------------------------------------- 14,425,000 NYC Municipal Water Finance Authority RITES 3 14.206 5 06/15/2026 15,623,429 - -------------------------------------------------------------------------------------------------------------------------- 2,805,000 NYC Municipal Water Finance Authority RITES 3 14.255 5 06/15/2027 2,989,962 - -------------------------------------------------------------------------------------------------------------------------- 11,210,000 NYC Municipal Water Finance Authority RITES 3 14.626 5 06/15/2032 12,201,637 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 NYC Municipal Water Finance Authority RITES 3 14.685 5 06/15/2030 5,329,000 - -------------------------------------------------------------------------------------------------------------------------- 3,555,000 NYC Municipal Water Finance Authority RITES 3 14.715 5 06/15/2021 4,433,441 - -------------------------------------------------------------------------------------------------------------------------- 18,240,000 NYC Municipal Water Finance Authority RITES 3 14.745 5 06/15/2030 19,440,192 - -------------------------------------------------------------------------------------------------------------------------- 4,030,000 NYC Municipal Water Finance Authority RITES 3 14.755 5 06/15/2030 4,295,174 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 NYC Municipal Water Finance Authority RITES 3 14.755 5 06/15/2030 5,329,000 - -------------------------------------------------------------------------------------------------------------------------- 17,300,000 NYC Municipal Water Finance Authority RITES 3 16.185 5 06/15/2033 22,169,258 - -------------------------------------------------------------------------------------------------------------------------- 3,140,000 NYC Municipal Water Finance Authority RITES 3 16.215 5 06/15/2027 3,983,153 - -------------------------------------------------------------------------------------------------------------------------- 2,150,000 NYC TFA RITES 3 14.216 5 08/15/2027 2,266,401 - -------------------------------------------------------------------------------------------------------------------------- 50,000 NYC Trust for Cultural Resources (Museum of American Folk Art) 6.125 07/01/2030 53,090 - -------------------------------------------------------------------------------------------------------------------------- 18,826,356 NYS Certificate of Lease 3 5.875 01/02/2023 19,519,731 - -------------------------------------------------------------------------------------------------------------------------- 1,690,000 NYS DA (4201 Schools Program) 6.250 07/01/2020 1,948,773 - -------------------------------------------------------------------------------------------------------------------------- 350,000 NYS DA (Augustana Lutheran Home) 5.400 02/01/2031 369,110 - -------------------------------------------------------------------------------------------------------------------------- 1,500,000 NYS DA (Augustana Lutheran Home) 5.500 02/01/2041 1,579,230 - -------------------------------------------------------------------------------------------------------------------------- 35,000 NYS DA (Bethel Springvale Home) 6.000 02/01/2035 37,349 - -------------------------------------------------------------------------------------------------------------------------- 40,000 NYS DA (Bishop Henry B. Hucles Nursing Home) 6.000 07/01/2024 42,067 - -------------------------------------------------------------------------------------------------------------------------- 14,360,000 NYS DA (Buena Vida Nursing Home) 5.250 07/01/2028 14,785,774 - -------------------------------------------------------------------------------------------------------------------------- 20,400,000 NYS DA (Catholic Health Services) 6.000 07/01/2030 21,623,592 - -------------------------------------------------------------------------------------------------------------------------- 8,435,000 NYS DA (Center for Nursing) 5.550 08/01/2037 8,866,029 - -------------------------------------------------------------------------------------------------------------------------- 2,905,000 NYS DA (Chapel Oaks) 5.450 07/01/2026 3,012,746 - -------------------------------------------------------------------------------------------------------------------------- 25,000 NYS DA (City University) 5.000 07/01/2023 25,912 - -------------------------------------------------------------------------------------------------------------------------- 1,895,000 NYS DA (City University) 5.250 07/01/2031 1,955,128 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 NYS DA (Concord Nursing Home) 6.500 07/01/2029 2,724,325 - -------------------------------------------------------------------------------------------------------------------------- 1,250,000 NYS DA (D'Youville College) 5.250 07/01/2025 1,317,588 - -------------------------------------------------------------------------------------------------------------------------- 525,000 NYS DA (Dept. of Health) 5.500 07/01/2021 551,544 - -------------------------------------------------------------------------------------------------------------------------- 20,000 NYS DA (Ellis Hospital) 5.600 08/01/2025 20,861 - -------------------------------------------------------------------------------------------------------------------------- 17,630,000 NYS DA (FHA Insured Mtg.), Series B 0.000 1 08/15/2040 2,110,840 - -------------------------------------------------------------------------------------------------------------------------- 6,480,000 NYS DA (Frances Schervier Home & Hospital Obligated Group) 5.500 07/01/2027 6,820,459 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYS DA (Grace Manor Health Care Facility) 6.150 07/01/2018 1,083,070 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 NYS DA (Highland Hospital) 5.450 08/01/2037 2,128,100 - -------------------------------------------------------------------------------------------------------------------------- 140,615,000 NYS DA (Insured Hospital) 0.000 1 08/15/2036 25,486,469 - -------------------------------------------------------------------------------------------------------------------------- 38,650,000 NYS DA (Interfaith Medical Center) 5.400 02/15/2028 40,034,830 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYS DA (Jones Memorial Hospital) 5.375 08/01/2034 1,038,180 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 NYS DA (Kaleida Health) 5.050 02/15/2025 5,172,200 - -------------------------------------------------------------------------------------------------------------------------- 3,450,000 NYS DA (L.I. University) 5.125 09/01/2023 3,582,066 - -------------------------------------------------------------------------------------------------------------------------- 1,400,000 NYS DA (L.I. University) 5.250 09/01/2028 1,448,160 - -------------------------------------------------------------------------------------------------------------------------- 235,000 NYS DA (L.I. University) 5.250 09/01/2028 243,314 - -------------------------------------------------------------------------------------------------------------------------- 1,585,000 NYS DA (L.I. University) 5.500 09/01/2020 1,716,064 - -------------------------------------------------------------------------------------------------------------------------- 25,000 NYS DA (Lakeside Memorial Hospital) 6.000 02/01/2021 26,445 - -------------------------------------------------------------------------------------------------------------------------- 9,415,000 NYS DA (Lutheran Social Services of Upstate NY) RITES 3 8.672 5 02/01/2038 9,995,811 - -------------------------------------------------------------------------------------------------------------------------- 3,115,000 NYS DA (Menorah Home & Hospital) RITES 3 14.626 5 08/01/2038 3,392,484 - -------------------------------------------------------------------------------------------------------------------------- 5,825,000 NYS DA (Menorah Home) RITES 3 14.815 5 08/01/2038 6,298,107 - -------------------------------------------------------------------------------------------------------------------------- 3,660,000 NYS DA (Mental Health) 5.000 02/15/2033 3,702,127 - -------------------------------------------------------------------------------------------------------------------------- 4,625,000 NYS DA (Mental Health) RITES 3 14.255 5 02/15/2023 5,195,170 - -------------------------------------------------------------------------------------------------------------------------- 3,460,000 NYS DA (Millard Fillmore Hospital) 5.375 02/01/2032 3,577,121 - -------------------------------------------------------------------------------------------------------------------------- 4,125,000 NYS DA (Miriam Osborn Memorial Home Association) 6.375 07/01/2029 4,518,278 - -------------------------------------------------------------------------------------------------------------------------- 2,430,000 NYS DA (Miriam Osborn Memorial Home Association) 6.875 07/01/2019 2,767,041 - -------------------------------------------------------------------------------------------------------------------------- 6,860,000 NYS DA (Miriam Osborn Memorial Home Association) 6.875 07/01/2025 7,703,300 - -------------------------------------------------------------------------------------------------------------------------- 2,375,000 NYS DA (Montefiore Medical) RITES 3 16.215 5 08/01/2038 2,828,103 - -------------------------------------------------------------------------------------------------------------------------- 6,800,000 NYS DA ( MSH/NYU Hospital Center/HJDOI Obligated Group) 6.000 07/01/2014 6,829,172 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 NYS DA ( MSH/NYU Hospital Center/HJDOI Obligated Group) 6.500 07/01/2017 3,072,750 - -------------------------------------------------------------------------------------------------------------------------- 27,420,000 NYS DA ( MSH/NYU Hospital Center/HJDOI Obligated Group) 6.500 07/01/2025 27,880,108 - -------------------------------------------------------------------------------------------------------------------------- 42,630,000 NYS DA ( MSH/NYU Hospital Center/HJDOI Obligated Group) 6.600 07/01/2026 43,170,122 - -------------------------------------------------------------------------------------------------------------------------- 8,820,000 NYS DA ( MSH/NYU Hospital Center/HJDOI Obligated Group) 6.625 07/01/2019 9,101,623 - -------------------------------------------------------------------------------------------------------------------------- 15,000,000 NYS DA ( MSH/NYU Hospital Center/HJDOI Obligated Group) 6.750 07/01/2020 15,518,700 - -------------------------------------------------------------------------------------------------------------------------- 7,280,000 NYS DA (Mt. Sinai/NYU Health) 6.000 07/01/2026 7,306,281 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 NYS DA (Mt. Sinai/NYU Health) 6.250 07/01/2022 2,513,050 - -------------------------------------------------------------------------------------------------------------------------- 2,850,000 NYS DA (Municipal Health Facilities) RITES 3 14.255 5 01/15/2023 3,224,547 - -------------------------------------------------------------------------------------------------------------------------- 4,000,000 NYS DA (North Shore Long Island Jewish Group) 5.500 05/01/2033 4,150,760 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYS DA (Norwegian Christian Home & Health Center) 5.200 08/01/2036 1,032,680 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 NYS DA (Norwegian Christian Home & Health Center) 6.100 08/01/2041 2,214,020 - -------------------------------------------------------------------------------------------------------------------------- 4,215,000 NYS DA (Nursing Homes) 5.200 02/01/2032 4,369,606 - -------------------------------------------------------------------------------------------------------------------------- 6,860,000 NYS DA (NY Hospital Medical Center) 5.600 02/15/2039 7,506,143 - -------------------------------------------------------------------------------------------------------------------------- 4,780,795 NYS DA (Our Lady of Mercy Medical Center) Computer Lease 3 6.200 08/15/2006 4,713,290 - -------------------------------------------------------------------------------------------------------------------------- 10,635,000 NYS DA (Rochester General Hospital) RITES 3 9.344 5 08/01/2033 10,905,129 - -------------------------------------------------------------------------------------------------------------------------- 580,000 NYS DA (Sarah Neumann Home) 5.450 08/01/2027 618,048 - -------------------------------------------------------------------------------------------------------------------------- 9,000,000 NYS DA (St. Agnes Hospital) 5.400 02/15/2025 9,383,130 - -------------------------------------------------------------------------------------------------------------------------- 2,400,000 NYS DA (St. Barnabas Hospital) 5.450 08/01/2035 2,557,416 - -------------------------------------------------------------------------------------------------------------------------- 905,000 NYS DA (St. Catherine of Siena Medical Center) 6.000 07/01/2030 961,617 - -------------------------------------------------------------------------------------------------------------------------- 1,750,000 NYS DA (St. Clare's Hospital) 5.300 02/15/2019 1,837,413 - -------------------------------------------------------------------------------------------------------------------------- 2,970,000 NYS DA (St. Clare's Hospital) 5.400 02/15/2025 3,096,433 - -------------------------------------------------------------------------------------------------------------------------- 2,580,000 NYS DA (St. James Mercy Hospital) 5.400 02/01/2038 2,672,674 - -------------------------------------------------------------------------------------------------------------------------- 1,500,000 NYS DA (St. Thomas Aquinas College) 5.250 07/01/2028 1,536,870 - -------------------------------------------------------------------------------------------------------------------------- 3,885,000 NYS DA (St. Vincent DePaul Residence) 5.300 07/01/2018 4,108,893 - -------------------------------------------------------------------------------------------------------------------------- 130,000 NYS DA (St. Vincent's Hospital & Medical Center) 7.400 08/01/2030 135,369 - -------------------------------------------------------------------------------------------------------------------------- 95,000 NYS DA (State University Educational Facilities) 6.000 05/15/2017 97,176 - -------------------------------------------------------------------------------------------------------------------------- 1,700,000 NYS DA (Vassar Brothers) 5.375 07/01/2025 1,780,512 - -------------------------------------------------------------------------------------------------------------------------- 7,030,000 NYS DA (White Plains Hospital) 5.375 02/15/2043 7,318,722 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 NYS DA (Willow Towers) 5.400 02/01/2034 2,633,675 - -------------------------------------------------------------------------------------------------------------------------- 26,040,000 NYS DA (Wyckoff Heights Medical Center) 5.300 08/15/2021 27,206,332 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 NYS DA RITES 3 17.218 5 02/01/2012 7,279,300 - -------------------------------------------------------------------------------------------------------------------------- 4,095,000 NYS EFC (Clean Water & Drinking Revolving Funds) 5.400 07/15/2021 4,442,092 - -------------------------------------------------------------------------------------------------------------------------- 1,625,000 NYS EFC (Consolidated Water Company) 7.150 11/01/2014 1,634,718 - -------------------------------------------------------------------------------------------------------------------------- 7,500,000 NYS EFC (NYS Water Services) 5.950 01/15/2020 8,128,875 - -------------------------------------------------------------------------------------------------------------------------- 2,340,000 NYS EFC (NYS Water Services) 6.000 01/15/2031 2,485,618 - -------------------------------------------------------------------------------------------------------------------------- 25,000 NYS EFC (NYS Water Services) 7.500 03/15/2011 25,120 - -------------------------------------------------------------------------------------------------------------------------- 11,895,000 NYS EFC (Occidental Petroleum) 5.700 09/01/2028 11,919,266 - -------------------------------------------------------------------------------------------------------------------------- 15,300,000 NYS EFC (Occidental Petroleum) 6.100 11/01/2030 15,800,769 - -------------------------------------------------------------------------------------------------------------------------- 4,700,000 NYS ERDA (Brooklyn Union Gas) RIBS 9.515 5 07/08/2026 4,846,170 - -------------------------------------------------------------------------------------------------------------------------- 7,000,000 NYS ERDA (Brooklyn Union Gas) RIBS 10.931 5 04/01/2020 8,717,660 - -------------------------------------------------------------------------------------------------------------------------- 16,300,000 NYS ERDA (Brooklyn Union Gas) RIBS 12.048 5 07/01/2026 19,074,260 - -------------------------------------------------------------------------------------------------------------------------- 210,000 NYS ERDA (Central Hudson Gas & Electric) 5.450 08/01/2027 225,643 - -------------------------------------------------------------------------------------------------------------------------- 625,000 NYS ERDA (Con Ed) 7.125 12/01/2029 642,713 - -------------------------------------------------------------------------------------------------------------------------- 40,000 NYS ERDA (Corning Natural Gas) 8.250 12/01/2018 41,316 - -------------------------------------------------------------------------------------------------------------------------- 23,000,000 NYS ERDA (LILCO) 5.300 11/01/2023 23,803,850 - -------------------------------------------------------------------------------------------------------------------------- 300,000 NYS ERDA (LILCO) 5.300 10/01/2024 309,813 - -------------------------------------------------------------------------------------------------------------------------- 3,485,000 NYS ERDA (NIMO) RITES 3 14.855 5 11/01/2025 3,988,443 - -------------------------------------------------------------------------------------------------------------------------- 3,625,000 NYS ERDA (RG&E) Residual Certificates 3 17.800 5 09/01/2033 4,631,445 - -------------------------------------------------------------------------------------------------------------------------- 3,245,000 NYS HFA (Children's Rescue) 7.625 05/01/2018 3,246,460 - -------------------------------------------------------------------------------------------------------------------------- 20,000 NYS HFA (General Hsg.) 6.600 11/01/2008 20,689 - -------------------------------------------------------------------------------------------------------------------------- 3,890,000 NYS HFA (HELP-Bronx Hsg.) 8.050 11/01/2005 3,978,575 - -------------------------------------------------------------------------------------------------------------------------- 500,000 NYS HFA (HELP-Suffolk Hsg.) 8.100 11/01/2005 509,385 - -------------------------------------------------------------------------------------------------------------------------- 200,000 NYS HFA (Hospital & Nursing Home) 7.000 11/01/2017 241,900 - -------------------------------------------------------------------------------------------------------------------------- 5,000 NYS HFA (Meadow Manor) 7.750 11/01/2019 5,003 - -------------------------------------------------------------------------------------------------------------------------- 35,000 NYS HFA (Multifamily Hsg.) 0.000 1 11/01/2016 17,838 - -------------------------------------------------------------------------------------------------------------------------- 745,000 NYS HFA (Multifamily Hsg.) 5.250 11/15/2028 758,410 - -------------------------------------------------------------------------------------------------------------------------- 1,340,000 NYS HFA (Multifamily Hsg.) 5.300 08/15/2024 1,381,728 - -------------------------------------------------------------------------------------------------------------------------- 1,700,000 NYS HFA (Multifamily Hsg.) 5.300 11/15/2039 1,726,962 - -------------------------------------------------------------------------------------------------------------------------- 1,070,000 NYS HFA (Multifamily Hsg.) 5.350 08/15/2020 1,130,048 - -------------------------------------------------------------------------------------------------------------------------- 2,860,000 NYS HFA (Multifamily Hsg.) 5.350 08/15/2031 2,920,632 - -------------------------------------------------------------------------------------------------------------------------- 2,080,000 NYS HFA (Multifamily Hsg.) 5.375 02/15/2035 2,130,066 - -------------------------------------------------------------------------------------------------------------------------- 3,250,000 NYS HFA (Multifamily Hsg.) 5.450 08/15/2032 3,355,820 - -------------------------------------------------------------------------------------------------------------------------- 2,075,000 NYS HFA (Multifamily Hsg.) 5.500 08/15/2030 2,104,133 - -------------------------------------------------------------------------------------------------------------------------- 1,215,000 NYS HFA (Multifamily Hsg.) 5.550 08/15/2019 1,281,582 - -------------------------------------------------------------------------------------------------------------------------- 1,385,000 NYS HFA (Multifamily Hsg.) 5.600 08/15/2019 1,462,906 - -------------------------------------------------------------------------------------------------------------------------- 1,240,000 NYS HFA (Multifamily Hsg.) 5.600 02/15/2026 1,276,493 - -------------------------------------------------------------------------------------------------------------------------- 1,730,000 NYS HFA (Multifamily Hsg.) 5.600 08/15/2033 1,802,695 - -------------------------------------------------------------------------------------------------------------------------- 1,190,000 NYS HFA (Multifamily Hsg.) 5.650 08/15/2030 1,236,196 - -------------------------------------------------------------------------------------------------------------------------- 3,200,000 NYS HFA (Multifamily Hsg.) 5.650 08/15/2030 3,310,176 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYS HFA (Multifamily Hsg.) 5.650 08/15/2031 1,038,380 - -------------------------------------------------------------------------------------------------------------------------- 1,710,000 NYS HFA (Multifamily Hsg.) 5.650 02/15/2034 1,756,136 - -------------------------------------------------------------------------------------------------------------------------- 2,120,000 NYS HFA (Multifamily Hsg.) 5.700 08/15/2033 2,205,182 - -------------------------------------------------------------------------------------------------------------------------- 95,000 NYS HFA (Multifamily Hsg.) 5.950 08/15/2024 95,473 - -------------------------------------------------------------------------------------------------------------------------- 1,285,000 NYS HFA (Multifamily Hsg.) 6.100 11/15/2036 1,359,646 - -------------------------------------------------------------------------------------------------------------------------- 4,700,000 NYS HFA (Multifamily Hsg.) 6.125 08/15/2038 4,890,726 - -------------------------------------------------------------------------------------------------------------------------- 40,000 NYS HFA (Multifamily Hsg.) 6.200 08/15/2012 40,066 - -------------------------------------------------------------------------------------------------------------------------- 25,000 NYS HFA (Multifamily Hsg.) 6.200 08/15/2016 26,202 - -------------------------------------------------------------------------------------------------------------------------- 745,000 NYS HFA (Multifamily Hsg.) 6.250 02/15/2031 772,334 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 NYS HFA (Multifamily Hsg.) 6.300 08/15/2026 5,150,850 - -------------------------------------------------------------------------------------------------------------------------- 1,255,000 NYS HFA (Multifamily Hsg.) 6.400 11/15/2027 1,311,814 - -------------------------------------------------------------------------------------------------------------------------- 2,335,000 NYS HFA (Multifamily Hsg.) 6.500 08/15/2024 2,338,082 - -------------------------------------------------------------------------------------------------------------------------- 3,240,000 NYS HFA (Multifamily Hsg.) 6.700 08/15/2025 3,259,537 - -------------------------------------------------------------------------------------------------------------------------- 5,675,000 NYS HFA (Multifamily Hsg.) 6.750 11/15/2036 5,949,784 - -------------------------------------------------------------------------------------------------------------------------- 30,000 NYS HFA (Multifamily Hsg.) 6.950 08/15/2012 30,060 - -------------------------------------------------------------------------------------------------------------------------- 5,400,000 NYS HFA (Multifamily Hsg.) 7.050 08/15/2024 5,407,884 - -------------------------------------------------------------------------------------------------------------------------- 320,000 NYS HFA (Multifamily Hsg.) 7.550 11/01/2029 321,590 - -------------------------------------------------------------------------------------------------------------------------- 2,845,000 NYS HFA (NH&HC) RITES 3 14.855 5 11/01/2016 3,508,397 - -------------------------------------------------------------------------------------------------------------------------- 35,000 NYS HFA (Nonprofit Hsg.) 6.400 11/01/2010 36,104 - -------------------------------------------------------------------------------------------------------------------------- 25,000 NYS HFA (Nonprofit Hsg.) 6.400 11/01/2013 25,862 - -------------------------------------------------------------------------------------------------------------------------- 10,000 NYS HFA (Nonprofit Hsg.) 6.600 11/01/2010 10,345 - -------------------------------------------------------------------------------------------------------------------------- 20,000 NYS HFA (Nonprofit Hsg.) 6.600 11/01/2013 20,543 - -------------------------------------------------------------------------------------------------------------------------- 1,950,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2009 1,986,387 - -------------------------------------------------------------------------------------------------------------------------- 2,110,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2010 2,149,373 - -------------------------------------------------------------------------------------------------------------------------- 2,290,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2011 2,332,731 - -------------------------------------------------------------------------------------------------------------------------- 2,475,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2012 2,521,184 - -------------------------------------------------------------------------------------------------------------------------- 2,680,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2013 2,730,009 - -------------------------------------------------------------------------------------------------------------------------- 1,225,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2014 1,247,859 - -------------------------------------------------------------------------------------------------------------------------- 1,325,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2015 1,349,725 - -------------------------------------------------------------------------------------------------------------------------- 1,440,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2016 1,466,870 - -------------------------------------------------------------------------------------------------------------------------- 1,565,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2017 1,594,203 - -------------------------------------------------------------------------------------------------------------------------- 1,690,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2018 1,721,535 - -------------------------------------------------------------------------------------------------------------------------- 1,020,000 NYS HFA (Nonprofit Hsg.) 8.400 11/01/2019 1,039,033 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 NYS HFA (Phillips Village) 7.750 08/15/2017 5,160,400 - -------------------------------------------------------------------------------------------------------------------------- 70,000 NYS HFA (Service Contract) 5.375 03/15/2023 70,849 - -------------------------------------------------------------------------------------------------------------------------- 5,600,000 NYS HFA (Service Contract) 5.500 09/15/2022 6,044,696 - -------------------------------------------------------------------------------------------------------------------------- 5,525,000 NYS HFA (Service Contract) 5.500 03/15/2025 5,829,814 - -------------------------------------------------------------------------------------------------------------------------- 255,000 NYS HFA (Service Contract) 6.500 03/15/2025 266,513 - -------------------------------------------------------------------------------------------------------------------------- 540,000 NYS HFA (Shorehill Hsg.) 7.500 05/01/2008 540,648 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYS HFA (Watergate II) 4.750 02/15/2034 968,400 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYS HFA (Watergate II) 4.900 02/15/2045 935,450 - -------------------------------------------------------------------------------------------------------------------------- 400,000 NYS LGSC (SCSB) 3 7.250 12/15/2011 405,888 - -------------------------------------------------------------------------------------------------------------------------- 810,000 NYS LGSC (SCSB) 3 7.375 12/15/2016 840,359 - -------------------------------------------------------------------------------------------------------------------------- 980,000 NYS LGSC (SCSB) 3 7.750 12/15/2021 1,016,907 - -------------------------------------------------------------------------------------------------------------------------- 1,045,000 NYS Medcare (Central Suffolk Hospital) 6.125 11/01/2016 821,736 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYS Medcare (Hospital & Nursing Home) 6.375 08/15/2033 1,013,430 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 NYS Medcare (Hospital & Nursing Home) 6.500 02/15/2034 1,023,510 - -------------------------------------------------------------------------------------------------------------------------- 2,155,000 NYS Medcare (Hospital & Nursing Home) 7.400 11/01/2016 2,211,892 - -------------------------------------------------------------------------------------------------------------------------- 2,030,000 NYS Medcare (Hospital & Nursing Home) 9.375 11/01/2016 2,131,602 - -------------------------------------------------------------------------------------------------------------------------- 440,000 NYS Medcare (Hospital & Nursing Home) 10.000 11/01/2006 462,528 - -------------------------------------------------------------------------------------------------------------------------- 1,670,000 NYS Medcare (M.G. Nursing Home) 6.375 02/15/2035 1,760,163 - -------------------------------------------------------------------------------------------------------------------------- 330,000 NYS Medcare (Montefiore Medical Center) 5.750 02/15/2025 340,537 - -------------------------------------------------------------------------------------------------------------------------- 25,000 NYS Medcare (Secured Hospital) 6.250 02/15/2024 25,586 - -------------------------------------------------------------------------------------------------------------------------- 44,445,000 NYS Medcare (St. Luke's Hospital) 5.700 02/15/2029 45,007,674 - -------------------------------------------------------------------------------------------------------------------------- 12,500,000 NYS Medcare (St. Luke's Hospital) RITES 3 9.295 5 02/15/2029 12,816,500 - -------------------------------------------------------------------------------------------------------------------------- 8,400,000 NYS Medcare (St. Luke's Hospital) RITES 3 9.344 5 02/15/2029 8,612,688 - -------------------------------------------------------------------------------------------------------------------------- 5,750,000 NYS Medcare (St. Luke's Hospital) RITES 3 9.344 5 02/15/2029 5,895,590 - -------------------------------------------------------------------------------------------------------------------------- 10,000,000 NYS Medcare (St. Luke's Hospital) RITES 3 9.373 5 02/15/2029 10,253,200 - -------------------------------------------------------------------------------------------------------------------------- 40,000,000 NYS Thruway Authority Permanently Linked Convertible INFLOS & VDRNs 5.000 01/01/2024 40,280,000 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 NYS Thruway Authority RITES 3 14.215 5 01/01/2024 2,570,000 - -------------------------------------------------------------------------------------------------------------------------- 7,140,000 NYS Thruway Authority RITES 3 14.245 5 01/01/2025 7,852,001 - -------------------------------------------------------------------------------------------------------------------------- 5,000 NYS UDC (Correctional Facilities) 0.0001 01/01/2013 3,678 - -------------------------------------------------------------------------------------------------------------------------- 9,000,000 NYS UDC (State Personal Income Tax) 5.125 03/15/2029 9,273,780 - -------------------------------------------------------------------------------------------------------------------------- 5,480,000 Oneida County IDA (Bonide Products) 6.250 11/01/2018 5,344,644 - -------------------------------------------------------------------------------------------------------------------------- 755,000 Oneida County IDA (Mobile Climate Control) 8.000 11/01/2008 767,125 - -------------------------------------------------------------------------------------------------------------------------- 2,825,000 Oneida County IDA (Mobile Climate Control) 8.750 11/01/2018 2,885,003 - -------------------------------------------------------------------------------------------------------------------------- 450,000 Oneida County IDA (Mohawk Valley Handicapped Services) 5.300 03/15/2019 464,373 - -------------------------------------------------------------------------------------------------------------------------- 740,000 Oneida County IDA (Mohawk Valley Handicapped Services) 5.350 03/15/2029 743,989 - -------------------------------------------------------------------------------------------------------------------------- 1,190,000 Oneida County IDA (Presbyterian Home) 5.250 03/01/2019 1,235,648 - -------------------------------------------------------------------------------------------------------------------------- 1,015,000 Oneida County IDA (Presbyterian Home) 6.100 06/01/2020 1,111,547 - -------------------------------------------------------------------------------------------------------------------------- 4,000,000 Onondaga County IDA (Air Cargo) 6.125 01/01/2032 4,057,680 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 Onondaga County IDA (Air Cargo) 7.250 01/01/2032 2,043,180 - -------------------------------------------------------------------------------------------------------------------------- 490,000 Onondaga County IDA (Coltec Industries) 7.250 06/01/2008 502,128 - -------------------------------------------------------------------------------------------------------------------------- 770,000 Onondaga County IDA (Coltec Industries) 9.875 10/01/2010 805,728 - -------------------------------------------------------------------------------------------------------------------------- 1,530,000 Onondaga County IDA (Community General Hospital) 5.500 11/01/2018 1,370,207 - -------------------------------------------------------------------------------------------------------------------------- 8,005,000 Onondaga County IDA (Community General Hospital) 6.625 01/01/2018 8,004,840 - -------------------------------------------------------------------------------------------------------------------------- 4,200,000 Onondaga County IDA (Le Moyne College) 5.625 12/01/2021 4,488,666 - -------------------------------------------------------------------------------------------------------------------------- 11,500,000 Onondaga County IDA (Solvay Paperboard) 6.800 11/01/2014 11,956,550 - -------------------------------------------------------------------------------------------------------------------------- 67,200,000 Onondaga County IDA (Solvay Paperboard) 7.000 11/01/2030 70,148,736 - -------------------------------------------------------------------------------------------------------------------------- 750,000 Onondaga County IDA (Syracuse Home) 5.200 12/01/2018 784,080 - -------------------------------------------------------------------------------------------------------------------------- 500,000 Onondaga County IDA Sewage Waste Facilities (Anheuser-Busch Companies) 6.250 12/01/2034 549,195 - -------------------------------------------------------------------------------------------------------------------------- 66,449,598 Onondaga County Res Rec 0.000 8 05/01/2022 28,005,848 - -------------------------------------------------------------------------------------------------------------------------- 41,580,000 Onondaga County Res Rec 5.000 05/01/2015 36,474,392 - -------------------------------------------------------------------------------------------------------------------------- 612,000 Ontario County IDA (Ontario Design) 6.500 11/01/2005 612,753 - -------------------------------------------------------------------------------------------------------------------------- 430,000 Orange County IDA (Adult Homes at Erie Station) 7.000 08/01/2021 435,160 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 Orange County IDA (Arden Hill Life Care Center) 7.000 08/01/2021 2,530,000 - -------------------------------------------------------------------------------------------------------------------------- 2,300,000 Orange County IDA (Arden Hill Life Care Center) 7.000 08/01/2031 2,299,149 - -------------------------------------------------------------------------------------------------------------------------- 2,090,000 Orange County IDA (Arden Hill Life Care Center) 7.000 08/01/2031 2,089,227 - -------------------------------------------------------------------------------------------------------------------------- 2,705,000 Orange County IDA (Glen Arden) 5.625 01/01/2018 2,406,530 - -------------------------------------------------------------------------------------------------------------------------- 5,590,000 Orange County IDA (Glen Arden) 5.700 01/01/2028 4,579,272 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 Orange County IDA (Kingston Manufacturing) 3 8.000 11/01/2017 1,462,500 - -------------------------------------------------------------------------------------------------------------------------- 385,000 Orange County IDA (Mental Retardation Project) 7.800 07/01/2011 385,397 - -------------------------------------------------------------------------------------------------------------------------- 1,715,000 Orange County IDA (St. Luke's Cornwall Hospital Obligated Group) 5.375 12/01/2021 1,817,729 - -------------------------------------------------------------------------------------------------------------------------- 6,330,000 Orange County IDA (St. Luke's Cornwall Hospital Obligated Group) 5.375 12/01/2026 6,603,583 - -------------------------------------------------------------------------------------------------------------------------- 2,235,000 Orange County IDA (St. Luke's Cornwall Hospital Obligated Group) 5.375 12/01/2026 2,331,597 - -------------------------------------------------------------------------------------------------------------------------- 7,745,000 Orange County IDA (Tuxedo Place) 3 7.000 08/01/2032 5,711,705 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 Orange County IDA (Tuxedo Place) 3 7.000 08/01/2033 1,843,225 - -------------------------------------------------------------------------------------------------------------------------- 2,755,000 Oswego County IDA (Bishop's Common) 5.375 02/01/2049 2,875,201 - -------------------------------------------------------------------------------------------------------------------------- 3,260,000 Oswego County IDA (Seneca Hill Manor) 5.650 08/01/2037 3,495,111 - -------------------------------------------------------------------------------------------------------------------------- 6,680,000 Otsego County IDA (Hartwick College) 5.900 07/01/2022 6,100,042 - -------------------------------------------------------------------------------------------------------------------------- 2,970,000 Otsego County IDA (Mary Imogene Bassett Hospital) 5.350 11/01/2020 3,130,321 - -------------------------------------------------------------------------------------------------------------------------- 11,040,000 Peekskill IDA (Drum Hill) 6.375 10/01/2028 9,755,717 - -------------------------------------------------------------------------------------------------------------------------- 617,716 Peekskill IDA (Karta) 9.000 07/01/2010 620,749 - -------------------------------------------------------------------------------------------------------------------------- 6,475,000 Port Authority NY/NJ (Continental Airlines) 9.000 12/01/2006 6,543,635 - -------------------------------------------------------------------------------------------------------------------------- 1,770,000 Port Authority NY/NJ (Continental Airlines) 9.000 12/01/2010 1,788,762 - -------------------------------------------------------------------------------------------------------------------------- 53,225,000 Port Authority NY/NJ (Continental Airlines) 9.125 12/01/2015 53,789,185 - -------------------------------------------------------------------------------------------------------------------------- 285,000 Port Authority NY/NJ (KIAC) 6.750 10/01/2011 298,016 - -------------------------------------------------------------------------------------------------------------------------- 15,370,000 Port Authority NY/NJ (KIAC) 6.750 10/01/2019 15,654,652 - -------------------------------------------------------------------------------------------------------------------------- 20,000,000 Port Authority NY/NJ RITES 3 14.130 5 09/15/2013 21,360,400 - -------------------------------------------------------------------------------------------------------------------------- 170,000 Port Authority NY/NJ, 97th Series 6.400 07/15/2015 173,878 - -------------------------------------------------------------------------------------------------------------------------- 190,000 Port Authority NY/NJ, 114th Series 5.000 08/01/2024 195,092 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 Port Authority NY/NJ, 127th Series 5.250 12/15/2032 3,095,340 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 Port Authority NY/NJ, 136th Series 5.125 05/01/2034 5,137,550 - -------------------------------------------------------------------------------------------------------------------------- 19,175,000 Port Authority NY/NJ, 136th Series 5.375 11/01/2028 19,894,638 - -------------------------------------------------------------------------------------------------------------------------- 22,855,000 Port Authority NY/NJ, 136th Series 5.500 11/01/2029 23,956,154 - -------------------------------------------------------------------------------------------------------------------------- 2,755,000 Poughkeepsie IDA (Eastman & Bixby Redevelopment Corp.) 6.000 08/01/2032 2,924,928 - -------------------------------------------------------------------------------------------------------------------------- 1,990,000 Putnam County IDA (Brewster Plastics) 8.500 12/01/2016 2,050,158 - -------------------------------------------------------------------------------------------------------------------------- 6,385,000 Rensselaer County Tobacco Asset Securitization Corp. 5.625 06/01/2035 5,695,867 - -------------------------------------------------------------------------------------------------------------------------- 7,300,000 Rensselaer County Tobacco Asset Securitization Corp. 5.750 06/01/2043 6,476,779 - -------------------------------------------------------------------------------------------------------------------------- 5,000 Rensselaer Hsg. Authority (Renwyck) 7.650 01/01/2011 5,111 - -------------------------------------------------------------------------------------------------------------------------- 20,000,000 Rensselaer Municipal Leasing Corp. (Rensselaer County Nursing Home) 6.900 06/01/2024 20,340,800 - -------------------------------------------------------------------------------------------------------------------------- 1,785,000 Riverhead IDA (Michael Reilly Design) 6,7 8.625 02/01/2012 1,364,490 - -------------------------------------------------------------------------------------------------------------------------- 510,000 Riverhead IDA (Michael Reilly Design) 6,7 8.625 02/01/2012 389,671 - -------------------------------------------------------------------------------------------------------------------------- 4,535,000 Riverhead IDA (Michael Reilly Design) 6,7 8.875 02/01/2032 3,433,449 - -------------------------------------------------------------------------------------------------------------------------- 85,000 Rochester Hsg. Authority (Crossroads Apartments) 7.300 07/01/2005 84,934 - -------------------------------------------------------------------------------------------------------------------------- 15,860,000 Rochester Hsg. Authority (Crossroads Apartments) 7.700 01/01/2017 15,448,750 - -------------------------------------------------------------------------------------------------------------------------- 6,790,000 Rochester Museum & Science Center 6.125 12/01/2015 6,801,815 - -------------------------------------------------------------------------------------------------------------------------- 1,655,000 Rockland County IDA (Dominican College) 5.900 05/01/2010 1,663,093 - -------------------------------------------------------------------------------------------------------------------------- 5,000,000 Rockland County IDA (Dominican College) 6.250 05/01/2028 4,954,000 - -------------------------------------------------------------------------------------------------------------------------- 9,225,000 Rockland County Tobacco Asset Securitization Corp. 5.625 08/15/2035 8,227,316 - -------------------------------------------------------------------------------------------------------------------------- 10,100,000 Rockland County Tobacco Asset Securitization Corp. 5.750 08/15/2043 8,959,811 - -------------------------------------------------------------------------------------------------------------------------- 1,160,000 Saratoga County IDA (ARC) 8.400 03/01/2013 1,168,978 - -------------------------------------------------------------------------------------------------------------------------- 3,000,000 Saratoga County IDA (Saratoga Hospital) 5.125 12/01/2033 3,074,790 - -------------------------------------------------------------------------------------------------------------------------- 11,311,843 Schenectady GO 6.500 05/27/2005 11,304,490 - -------------------------------------------------------------------------------------------------------------------------- 1,635,000 Schenectady IDA (Schaffer Heights Hsg.) 6.000 11/01/2030 1,756,693 - -------------------------------------------------------------------------------------------------------------------------- 3,335,000 Schenectady Metroplex Devel. Authority, Series A 5.375 12/15/2021 3,536,701 - -------------------------------------------------------------------------------------------------------------------------- 292,000 Schroon Lake Fire District 3 7.250 03/01/2009 294,076 - -------------------------------------------------------------------------------------------------------------------------- 175,000 Scotia Hsg. Authority (Holyrood House) 7.000 06/01/2009 179,214 - -------------------------------------------------------------------------------------------------------------------------- 565,000 SONYMA, Series 24 6.125 10/01/2030 565,881 - -------------------------------------------------------------------------------------------------------------------------- 2,475,000 SONYMA, Series 29 5.450 04/01/2031 2,536,133 - -------------------------------------------------------------------------------------------------------------------------- 15,000 SONYMA, Series 30-C2 5.800 10/01/2025 15,185 - -------------------------------------------------------------------------------------------------------------------------- 7,045,000 SONYMA, Series 65 5.850 10/01/2028 7,321,164 - -------------------------------------------------------------------------------------------------------------------------- 20,000 SONYMA, Series 66 5.700 10/01/2027 20,810 - -------------------------------------------------------------------------------------------------------------------------- 19,005,000 SONYMA, Series 67 5.800 10/01/2028 20,106,720 - -------------------------------------------------------------------------------------------------------------------------- 3,395,000 SONYMA, Series 69 5.400 10/01/2019 3,532,022 - -------------------------------------------------------------------------------------------------------------------------- 5,330,000 SONYMA, Series 69 5.500 10/01/2028 5,468,580 - -------------------------------------------------------------------------------------------------------------------------- 4,085,000 SONYMA, Series 69 RITES 3 9.042 5 10/01/2028 4,297,420 - -------------------------------------------------------------------------------------------------------------------------- 13,100,000 SONYMA, Series 71 5.400 04/01/2029 13,388,986 - -------------------------------------------------------------------------------------------------------------------------- 10,150,000 SONYMA, Series 71 RITES 3 8.842 5 04/01/2029 10,597,717 - -------------------------------------------------------------------------------------------------------------------------- 5,500,000 SONYMA, Series 73 RITES 3 15.367 5 10/01/2028 5,934,170 - -------------------------------------------------------------------------------------------------------------------------- 1,675,000 SONYMA, Series 73-A 5.300 10/01/2028 1,708,048 - -------------------------------------------------------------------------------------------------------------------------- 10,175,000 SONYMA, Series 79 5.300 04/01/2029 10,373,413 - -------------------------------------------------------------------------------------------------------------------------- 130,000 SONYMA, Series 82 5.650 04/01/2030 136,653 - -------------------------------------------------------------------------------------------------------------------------- 5,945,000 SONYMA, Series 106 5.500 04/01/2031 6,116,573 - -------------------------------------------------------------------------------------------------------------------------- 2,400,000 SONYMA, Series 97 5.100 04/01/2023 2,464,848 - -------------------------------------------------------------------------------------------------------------------------- 300,000 St. Lawrence County IDA (Clarkson University) 5.125 07/01/2021 308,892 - -------------------------------------------------------------------------------------------------------------------------- 1,315,000 St. Lawrence County IDA (Clarkson University) 5.250 07/01/2031 1,340,064 - -------------------------------------------------------------------------------------------------------------------------- 2,370,000 St. Lawrence County IDA (Clarkson University) 5.500 07/01/2029 2,465,132 - -------------------------------------------------------------------------------------------------------------------------- 2,805,000 St. Lawrence County IDA (Hepburn Medical Center) 5.375 12/01/2019 2,990,635 - -------------------------------------------------------------------------------------------------------------------------- 3,595,000 St. Lawrence County IDA (Hepburn Medical Center) 5.500 12/01/2024 3,805,379 - -------------------------------------------------------------------------------------------------------------------------- 590,000 Suffolk County IDA (ALIA-ACDS) 7.125 06/01/2017 632,209 - -------------------------------------------------------------------------------------------------------------------------- 375,000 Suffolk County IDA (ALIA-ACLD) 6.375 06/01/2014 376,121 - -------------------------------------------------------------------------------------------------------------------------- 1,310,000 Suffolk County IDA (ALIA-ACLD) 6.500 03/01/2018 1,342,540 - -------------------------------------------------------------------------------------------------------------------------- 745,000 Suffolk County IDA (ALIA-ACLD) 7.500 09/01/2015 811,193 - -------------------------------------------------------------------------------------------------------------------------- 325,000 Suffolk County IDA (ALIA-ADD) 6.950 12/01/2014 348,745 - -------------------------------------------------------------------------------------------------------------------------- 535,000 Suffolk County IDA (ALIA-ADD) 7.125 06/01/2017 573,274 - -------------------------------------------------------------------------------------------------------------------------- 475,000 Suffolk County IDA (ALIA-ADD) 7.500 09/01/2015 517,204 - -------------------------------------------------------------------------------------------------------------------------- 1,490,000 Suffolk County IDA (ALIA-DDI) 3 6.375 06/01/2014 1,542,225 - -------------------------------------------------------------------------------------------------------------------------- 285,000 Suffolk County IDA (ALIA-DDI) 3 6.950 12/01/2014 305,822 - -------------------------------------------------------------------------------------------------------------------------- 100,000 Suffolk County IDA (ALIA-DDI) 3 7.500 09/01/2015 108,885 - -------------------------------------------------------------------------------------------------------------------------- 825,000 Suffolk County IDA (ALIA-FREE) 6.375 06/01/2014 853,916 - -------------------------------------------------------------------------------------------------------------------------- 2,020,000 Suffolk County IDA (ALIA-FREE) 6.950 12/01/2014 2,167,581 - -------------------------------------------------------------------------------------------------------------------------- 4,585,000 Suffolk County IDA (ALIA-FREE) 7.125 06/01/2017 4,913,011 - -------------------------------------------------------------------------------------------------------------------------- 665,000 Suffolk County IDA (ALIA-IGHL) 6.375 06/01/2014 666,988 - -------------------------------------------------------------------------------------------------------------------------- 690,000 Suffolk County IDA (ALIA-IGHL) 6.950 12/01/2014 740,411 - -------------------------------------------------------------------------------------------------------------------------- 1,235,000 Suffolk County IDA (ALIA-IGHL) 7.125 06/01/2017 1,323,352 - -------------------------------------------------------------------------------------------------------------------------- 1,945,000 Suffolk County IDA (ALIA-IGHL) 7.250 12/01/2033 1,994,286 - -------------------------------------------------------------------------------------------------------------------------- 285,000 Suffolk County IDA (ALIA-IGHL) 7.500 09/01/2015 310,322 - -------------------------------------------------------------------------------------------------------------------------- 390,000 Suffolk County IDA (ALIA- L.I. Head Injury Association) 6.375 06/01/2014 392,348 - -------------------------------------------------------------------------------------------------------------------------- 820,000 Suffolk County IDA (ALIA- L.I. Head Injury Association) 6.950 12/01/2014 879,909 - -------------------------------------------------------------------------------------------------------------------------- 300,000 Suffolk County IDA (ALIA- L.I. Head Injury Association) 7.500 09/01/2015 326,655 - -------------------------------------------------------------------------------------------------------------------------- 650,000 Suffolk County IDA (ALIA-MCH) 6.375 06/01/2014 651,944 - -------------------------------------------------------------------------------------------------------------------------- 1,830,000 Suffolk County IDA (ALIA-MCH) 6.950 12/01/2014 1,963,700 - -------------------------------------------------------------------------------------------------------------------------- 1,510,000 Suffolk County IDA (ALIA-MCH) 7.125 06/01/2017 1,618,025 - -------------------------------------------------------------------------------------------------------------------------- 745,000 Suffolk County IDA (ALIA-NYS ARC) 7.500 09/01/2015 811,193 - -------------------------------------------------------------------------------------------------------------------------- 470,000 Suffolk County IDA (ALIA-Pederson-Krag Center) 8.375 06/01/2016 513,940 - -------------------------------------------------------------------------------------------------------------------------- 600,000 Suffolk County IDA (ALIA-SMCFS) 7.500 09/01/2015 653,310 - -------------------------------------------------------------------------------------------------------------------------- 710,000 Suffolk County IDA (ALIA-Suffolk Hostels) 7.500 09/01/2015 773,084 - -------------------------------------------------------------------------------------------------------------------------- 275,000 Suffolk County IDA (ALIA-UCPAGS) 6.375 06/01/2014 275,822 - -------------------------------------------------------------------------------------------------------------------------- 1,195,000 Suffolk County IDA (ALIA-UCPAGS) 6.950 12/01/2014 1,282,307 - -------------------------------------------------------------------------------------------------------------------------- 890,000 Suffolk County IDA (ALIA-UCPAGS) 7.000 06/01/2016 952,603 - -------------------------------------------------------------------------------------------------------------------------- 500,000 Suffolk County IDA (ALIA-UCPAGS) 7.500 09/01/2015 544,425 - -------------------------------------------------------------------------------------------------------------------------- 425,000 Suffolk County IDA (ALIA-WORCA) 6.950 12/01/2014 456,051 - -------------------------------------------------------------------------------------------------------------------------- 950,000 Suffolk County IDA (ALIA-WORCA) 7.125 06/01/2017 1,017,963 - -------------------------------------------------------------------------------------------------------------------------- 590,000 Suffolk County IDA (ALIA-WORCA) 7.500 09/01/2015 642,422 - -------------------------------------------------------------------------------------------------------------------------- 7,293,119 Suffolk County IDA (Camelot Village) 3,6,7 7.900 11/01/2031 3,553,499 - -------------------------------------------------------------------------------------------------------------------------- 275,000 Suffolk County IDA (CCSSVD) 7.000 04/01/2010 288,137 - -------------------------------------------------------------------------------------------------------------------------- 2,595,000 Suffolk County IDA (CCSSVD) 8.000 04/01/2030 2,749,351 - -------------------------------------------------------------------------------------------------------------------------- 820,000 Suffolk County IDA (DDI) 3 6.250 03/01/2009 813,399 - -------------------------------------------------------------------------------------------------------------------------- 5,025,000 Suffolk County IDA (DDI) 3 7.250 03/01/2024 4,910,983 - -------------------------------------------------------------------------------------------------------------------------- 9,180,000 Suffolk County IDA (DDI) 8.750 03/01/2023 9,402,248 - -------------------------------------------------------------------------------------------------------------------------- 2,605,000 Suffolk County IDA (Dowling College) 6.625 06/01/2024 2,584,889 - -------------------------------------------------------------------------------------------------------------------------- 3,240,000 Suffolk County IDA (Dowling College) 6.700 12/01/2020 3,245,994 - -------------------------------------------------------------------------------------------------------------------------- 225,000 Suffolk County IDA (Federation of Organizations) 7.625 04/01/2010 231,845 - -------------------------------------------------------------------------------------------------------------------------- 2,195,000 Suffolk County IDA (Federation of Organizations) 8.125 04/01/2030 2,284,183 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 Suffolk County IDA (Gurwin Jewish-Phase II) 6.700 05/01/2039 2,564,225 - -------------------------------------------------------------------------------------------------------------------------- 3,860,000 Suffolk County IDA (Huntington First Aid Squad) 6.650 11/01/2017 3,991,433 - -------------------------------------------------------------------------------------------------------------------------- 3,250,000 Suffolk County IDA (Jefferson's Ferry) 6.125 11/01/2029 3,261,668 - -------------------------------------------------------------------------------------------------------------------------- 6,500,000 Suffolk County IDA (Jefferson's Ferry) 7.200 11/01/2019 6,780,800 - -------------------------------------------------------------------------------------------------------------------------- 10,000,000 Suffolk County IDA (Jefferson's Ferry) 7.250 11/01/2028 10,425,400 - -------------------------------------------------------------------------------------------------------------------------- 13,660,000 Suffolk County IDA (Keyspan-Port Jefferson Center) 5.250 06/01/2027 13,897,821 - -------------------------------------------------------------------------------------------------------------------------- 4,065,000 Suffolk County IDA ( L.I. Network Community Services) 7.550 02/01/2034 4,106,748 - -------------------------------------------------------------------------------------------------------------------------- 3,500,000 Suffolk County IDA (Nissequogue Cogeneration Partners) 5.300 01/01/2013 3,408,510 - -------------------------------------------------------------------------------------------------------------------------- 7,585,000 Suffolk County IDA (Nissequogue Cogeneration Partners) 5.500 01/01/2023 7,227,595 - -------------------------------------------------------------------------------------------------------------------------- 705,000 Suffolk County IDA (OBPWC) 7.500 11/01/2022 709,491 - -------------------------------------------------------------------------------------------------------------------------- 2,250,000 Suffolk County IDA (Peconic Landing Retirement Home) 7.000 10/01/2030 2,267,888 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Suffolk County IDA (Peconic Landing Retirement Home) 8.000 10/01/2020 1,062,490 - -------------------------------------------------------------------------------------------------------------------------- 1,600,000 Suffolk County IDA (Peconic Landing Retirement Home) 8.000 10/01/2030 1,681,792 - -------------------------------------------------------------------------------------------------------------------------- 260,000 Suffolk County IDA (Pederson-Krag Center) 7.625 04/01/2010 277,225 - -------------------------------------------------------------------------------------------------------------------------- 2,545,000 Suffolk County IDA (Pederson-Krag Center) 8.125 04/01/2030 2,719,689 - -------------------------------------------------------------------------------------------------------------------------- 160,000 Suffolk County IDA (Rainbow Chimes) 7.000 05/01/2007 157,845 - -------------------------------------------------------------------------------------------------------------------------- 2,210,000 Suffolk County IDA (Rainbow Chimes) 8.000 11/01/2024 2,033,244 - -------------------------------------------------------------------------------------------------------------------------- 1,670,000 Suffolk County IDA (Rimland Facilities) 3 3.563 4 12/01/2009 1,643,814 - -------------------------------------------------------------------------------------------------------------------------- 5,635,000 Suffolk County IDA (United Cerebral Palsy) 7.875 09/01/2041 5,758,294 - -------------------------------------------------------------------------------------------------------------------------- 1,620,000 Suffolk County IDA (Windmill Village) 5.700 12/01/2026 1,701,810 - -------------------------------------------------------------------------------------------------------------------------- 1,305,000 Suffolk County IDA (Windmill Village) 5.750 12/01/2031 1,372,116 - -------------------------------------------------------------------------------------------------------------------------- 990,000 Suffolk County IDA (Wireless Boulevard Realty) 7.875 12/01/2012 1,050,420 - -------------------------------------------------------------------------------------------------------------------------- 4,005,000 Suffolk County IDA (Wireless Boulevard Realty) 8.625 12/01/2026 4,276,018 - -------------------------------------------------------------------------------------------------------------------------- 2,785,000 Sullivan County IDA (Center Discovery Civic Facility) 7.250 02/01/2012 2,784,889 - -------------------------------------------------------------------------------------------------------------------------- 9,965,000 Sullivan County IDA (Center Discovery Civic Facility) 7.750 02/01/2027 9,964,601 - -------------------------------------------------------------------------------------------------------------------------- 8,725,000 Sullivan County IDA (SCCC Dorm Corp. Civic Facility) 7.250 06/01/2027 8,799,861 - -------------------------------------------------------------------------------------------------------------------------- 372,500 Syracuse Hsg. Authority (Loretto Sedgwick Heights Corp.) 7.375 11/01/2008 342,342 - -------------------------------------------------------------------------------------------------------------------------- 6,995,000 Syracuse Hsg. Authority (Loretto Sedgwick Heights Corp.) 8.500 11/01/2031 6,356,846 - -------------------------------------------------------------------------------------------------------------------------- 6,590,000 Syracuse Hsg. Authority (LRRHCF) 5.800 08/01/2037 7,195,687 - -------------------------------------------------------------------------------------------------------------------------- 425,000 Syracuse Hsg. Authority (LRRHCF) 7.500 08/01/2010 427,338 - -------------------------------------------------------------------------------------------------------------------------- 2,435,000 Syracuse Hsg. Authority (Pavilion on James) 7.500 11/01/2042 2,392,996 - -------------------------------------------------------------------------------------------------------------------------- 270,000 Syracuse IDA (Anoplate Corp.) 7.250 11/01/2007 270,338 - -------------------------------------------------------------------------------------------------------------------------- 2,195,000 Syracuse IDA (Anoplate Corp.) 8.000 11/01/2022 2,213,570 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Syracuse IDA (Crouse Irving Health Hospital) 5.375 01/01/2023 737,840 - -------------------------------------------------------------------------------------------------------------------------- 19,965,000 Syracuse IDA (James Square) 0.000 1 08/01/2025 5,036,770 - -------------------------------------------------------------------------------------------------------------------------- 725,000 Syracuse IDA (Jewish Home of Central NY) 7.375 03/01/2021 743,865 - -------------------------------------------------------------------------------------------------------------------------- 2,050,000 Syracuse IDA (Jewish Home of Central NY) 7.375 03/01/2031 2,090,283 - -------------------------------------------------------------------------------------------------------------------------- 7,500,000 Tobacco Settlement Financing Corp. (TASC) 5.500 06/01/2019 8,273,550 - -------------------------------------------------------------------------------------------------------------------------- 13,825,000 Tobacco Settlement Financing Corp. (TASC) 5.500 06/01/2021 15,071,600 - -------------------------------------------------------------------------------------------------------------------------- 13,555,000 Tobacco Settlement Financing Corp. (TASC) 5.500 06/01/2022 14,685,216 - -------------------------------------------------------------------------------------------------------------------------- 3,750,000 Tompkins County IDA (Ithacare Center) 6.200 02/01/2037 4,109,925 - -------------------------------------------------------------------------------------------------------------------------- 95,000 Tompkins Health Care Corp. (Reconstruction Home) 10.800 02/01/2007 103,856 - -------------------------------------------------------------------------------------------------------------------------- 70,000 Tompkins Health Care Corp. (Reconstruction Home) 10.800 02/01/2028 75,937 - -------------------------------------------------------------------------------------------------------------------------- 630,000 Tonawanda SCHC 6.500 12/01/2010 641,107 - -------------------------------------------------------------------------------------------------------------------------- 8,265,000 Triborough Bridge & Tunnel Authority RITES 3 14.185 5 01/01/2027 8,957,938 - -------------------------------------------------------------------------------------------------------------------------- 4,190,000 Triborough Bridge & Tunnel Authority RITES 3 14.215 5 01/01/2032 4,510,284 - -------------------------------------------------------------------------------------------------------------------------- 15,520,000 TSASC, Inc. (TFABs) 5.750 07/15/2032 14,785,594 - -------------------------------------------------------------------------------------------------------------------------- 825,000 TSASC, Inc. (TFABs) 6.250 07/15/2027 834,669 - -------------------------------------------------------------------------------------------------------------------------- 78,575,000 TSASC, Inc. (TFABs) 6.250 07/15/2034 79,304,962 - -------------------------------------------------------------------------------------------------------------------------- 129,895,000 TSASC, Inc. (TFABs) 6.375 07/15/2039 131,884,991 - -------------------------------------------------------------------------------------------------------------------------- 995,000 UCP/HCA of Chemung County 6.600 08/01/2022 1,097,853 - -------------------------------------------------------------------------------------------------------------------------- 1,945,000 Ulster County IDA (Benedictine Hospital) 6.450 06/01/2024 1,905,555 - -------------------------------------------------------------------------------------------------------------------------- 1,845,000 Ulster County IDA (Brooklyn Bottling) 8.600 06/30/2022 1,857,325 - -------------------------------------------------------------------------------------------------------------------------- 4,000,000 Ulster County IDA (Kingston Hospital) 5.650 11/15/2024 4,167,120 - -------------------------------------------------------------------------------------------------------------------------- 1,465,000 Ulster County IDA (Mid-Hudson Family Health Services) 5.350 07/01/2023 1,524,845 - -------------------------------------------------------------------------------------------------------------------------- 2,635,000 Ulster County Tobacco Asset Securitization Corp. 0.000 8 06/01/2040 1,761,682 - -------------------------------------------------------------------------------------------------------------------------- 2,655,000 Ulster County Tobacco Asset Securitization Corp. 6.000 06/01/2040 2,392,235 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 Ulster County Tobacco Asset Securitization Corp. 3 6.250 06/01/2025 1,957,800 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 United Nations Devel. Corp., Series A 5.250 07/01/2026 2,069,920 - -------------------------------------------------------------------------------------------------------------------------- 25,000 Upper Mohawk Valley Regional Water Finance Authority 5.125 10/01/2026 25,628 - -------------------------------------------------------------------------------------------------------------------------- 500,000 Utica GO 6.100 01/15/2013 560,075 - -------------------------------------------------------------------------------------------------------------------------- 3,550,000 Utica IDA (Utica College Civic Facility) 6.850 12/01/2031 3,665,304 - -------------------------------------------------------------------------------------------------------------------------- 340,000 Watervliet Hsg. Authority (Colonie Senior Service Center) 5.875 06/01/2018 330,031 - -------------------------------------------------------------------------------------------------------------------------- 10,800,000 Watervliet Hsg. Authority (Colonie Senior Service Center) 6.125 06/01/2038 10,115,712 - -------------------------------------------------------------------------------------------------------------------------- 2,820,000 Wayne County IDA (ARC) 8.375 03/01/2018 2,840,107 - -------------------------------------------------------------------------------------------------------------------------- 300,000 Westchester County Healthcare Corp., Series A 5.875 11/01/2025 291,927 - -------------------------------------------------------------------------------------------------------------------------- 7,195,000 Westchester County IDA (Ardsley Hsg.) 7.900 11/01/2044 7,385,955 - -------------------------------------------------------------------------------------------------------------------------- 3,145,000 Westchester County IDA (Ardsley Hsg.) 7.900 11/01/2044 3,228,468 - -------------------------------------------------------------------------------------------------------------------------- 6,330,000 Westchester County IDA (Ardsley Hsg.) 7.900 11/01/2044 6,497,998 - -------------------------------------------------------------------------------------------------------------------------- 3,590,000 Westchester County IDA (Ardsley Hsg.) 7.900 11/01/2044 3,685,817 - -------------------------------------------------------------------------------------------------------------------------- 8,470,000 Westchester County IDA (Ardsley Hsg.) 7.900 11/01/2044 8,696,064 - -------------------------------------------------------------------------------------------------------------------------- 8,115,000 Westchester County IDA (Ardsley Hsg.) 7.900 11/01/2044 8,330,372 - -------------------------------------------------------------------------------------------------------------------------- 6,290,000 Westchester County IDA (Ardsley Hsg.) 7.900 11/01/2044 6,456,937 - -------------------------------------------------------------------------------------------------------------------------- 6,865,000 Westchester County IDA (Ardsley Hsg.) 7.900 11/01/2044 7,047,197 - -------------------------------------------------------------------------------------------------------------------------- 1,870,000 Westchester County IDA (Beth Abraham Hospital) 8.375 12/01/2025 1,963,537 - -------------------------------------------------------------------------------------------------------------------------- 40,000 Westchester County IDA (Children's Village) 5.375 03/15/2019 40,150 - -------------------------------------------------------------------------------------------------------------------------- 4,600,000 Westchester County IDA (Children's Village) 6.000 06/01/2022 4,633,074 - -------------------------------------------------------------------------------------------------------------------------- 1,040,400 Westchester County IDA (Clearview School) 9.375 01/01/2021 1,064,933 - -------------------------------------------------------------------------------------------------------------------------- 1,300,000 Westchester County IDA (Guiding Eyes for the Blind) 5.375 08/01/2024 1,331,954 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 Westchester County IDA (Hebrew Hospital Senior Hsg.) 7.375 07/01/2030 2,127,600 - -------------------------------------------------------------------------------------------------------------------------- 1,560,000 Westchester County IDA (JDAM) 6.750 04/01/2016 1,629,872 - -------------------------------------------------------------------------------------------------------------------------- 3,250,000 Westchester County IDA (Lawrence Hospital) 5.000 01/01/2028 3,126,598 - -------------------------------------------------------------------------------------------------------------------------- 800,000 Westchester County IDA (Lawrence Hospital) 5.125 01/01/2018 817,656 - -------------------------------------------------------------------------------------------------------------------------- 1,275,000 Westchester County IDA (Living Independently for the Elderly) 5.375 08/20/2021 1,369,465 - -------------------------------------------------------------------------------------------------------------------------- 3,035,000 Westchester County IDA (Living Independently for the Elderly) 5.400 08/20/2032 3,188,207 - -------------------------------------------------------------------------------------------------------------------------- 1,645,000 Westchester County IDA (Rippowam-Cisqua School) 5.750 06/01/2029 1,668,014 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Westchester County IDA (Schnurmacher Center) 6.500 11/01/2013 1,039,180 - -------------------------------------------------------------------------------------------------------------------------- 1,710,000 Westchester County IDA (Schnurmacher Center) 6.500 11/01/2033 1,785,719 - -------------------------------------------------------------------------------------------------------------------------- 85,000 Westchester County IDA (Westchester Airport Association) 5.950 08/01/2024 85,986 - -------------------------------------------------------------------------------------------------------------------------- 2,570,000 Westchester County IDA (Winward School) 5.250 10/01/2031 2,646,560 - -------------------------------------------------------------------------------------------------------------------------- 76,375,000 Westchester County Tobacco Asset Securitization Corp. 0.000 8 07/15/2039 58,707,935 - -------------------------------------------------------------------------------------------------------------------------- 1,485,000 Yates County IDA (Keuka College) 8.750 08/01/2015 1,776,877 - -------------------------------------------------------------------------------------------------------------------------- 3,825,000 Yates County IDA (SSMH) 5.650 02/01/2039 4,118,607 - -------------------------------------------------------------------------------------------------------------------------- 15,175,000 Yonkers IDA (Community Devel. Properties) 6.625 02/01/2026 16,324,051 - -------------------------------------------------------------------------------------------------------------------------- 4,685,000 Yonkers IDA (Hudson Scenic Studio) 6.625 11/01/2019 4,709,409 - -------------------------------------------------------------------------------------------------------------------------- 1,590,000 Yonkers IDA (Philipsburgh Hall Associates) 7.500 11/01/2030 1,572,796 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 Yonkers IDA (St. John's Riverside Hospital) 7.125 07/01/2031 2,546,750 - -------------------------------------------------------------------------------------------------------------------------- 3,270,000 Yonkers IDA (St. Joseph's Hospital) 8.500 12/30/2013 3,343,281 - -------------------------------------------------------------------------------------------------------------------------- 2,200,000 Yonkers IDA (St. Joseph's Hospital), Series 98-A 6.150 03/01/2015 1,964,424 - -------------------------------------------------------------------------------------------------------------------------- 2,100,000 Yonkers IDA (St. Joseph's Hospital), Series 98-B 6.150 03/01/2015 1,875,132 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Yonkers IDA (St. Joseph's Hospital), Series 98-C 6.200 03/01/2020 849,190 - -------------------------------------------------------------------------------------------------------------------------- 3,375,000 Yonkers IDA (Westchester School) 8.750 12/30/2023 3,546,416 - -------------------------------------------------------------------------------------------------------------------------- 800,000 Yonkers Parking Authority 6.000 06/15/2018 849,448 - -------------------------------------------------------------------------------------------------------------------------- 1,215,000 Yonkers Parking Authority 6.000 06/15/2024 1,259,676 - -------------------------------------------------------------------------------------------------------------------------- 150,000 Yonkers Parking Authority 7.750 12/01/2004 150,392 ------------------ 5,239,697,472 U.S. POSSESSIONS--12.7% 2,460,000 Guam EDA (Royal Socio Apartments) 9.500 11/01/2018 2,499,360 - -------------------------------------------------------------------------------------------------------------------------- 290,000 Guam Power Authority, Series A 5.250 10/01/2023 278,710 - -------------------------------------------------------------------------------------------------------------------------- 20,000,000 Guam Power Authority, Series A 5.250 10/01/2034 18,396,800 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Northern Mariana Islands, Series A 6.000 06/01/2020 1,066,780 - -------------------------------------------------------------------------------------------------------------------------- 8,010,000 Northern Mariana Islands, Series A 6.250 03/15/2028 8,241,970 - -------------------------------------------------------------------------------------------------------------------------- 19,340,000 Northern Mariana Islands, Series A 6.600 03/15/2028 20,982,546 - -------------------------------------------------------------------------------------------------------------------------- 10,000,000 Northern Mariana Islands, Series A 7.375 06/01/2030 10,338,900 - -------------------------------------------------------------------------------------------------------------------------- 6,290,000 Puerto Rico Children's Trust Fund (TASC) 5.500 05/15/2039 5,493,120 - -------------------------------------------------------------------------------------------------------------------------- 21,405,000 Puerto Rico Children's Trust Fund (TASC) 5.625 05/15/2043 18,805,791 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 Puerto Rico Commonwealth GO 5.125 07/01/2031 2,041,580 - -------------------------------------------------------------------------------------------------------------------------- 60,000 Puerto Rico Electric Power Authority 5.375 07/01/2030 61,721 - -------------------------------------------------------------------------------------------------------------------------- 2,000,000 Puerto Rico GO 5.000 07/01/2033 2,022,460 - -------------------------------------------------------------------------------------------------------------------------- 750,000 Puerto Rico HBFA 6.250 04/01/2029 771,855 - -------------------------------------------------------------------------------------------------------------------------- 115,000 Puerto Rico HFC 5.100 12/01/2018 119,778 - -------------------------------------------------------------------------------------------------------------------------- 2,120,000 Puerto Rico HFC 5.500 12/01/2023 2,226,509 - -------------------------------------------------------------------------------------------------------------------------- 100,000 Puerto Rico HFC 7.500 10/01/2015 100,186 - -------------------------------------------------------------------------------------------------------------------------- 2,640,000 Puerto Rico HFC 7.500 04/01/2022 2,659,061 - -------------------------------------------------------------------------------------------------------------------------- 50,440,000 Puerto Rico Highway & Transportation Authority, Series D 5.250 07/01/2038 51,891,159 - -------------------------------------------------------------------------------------------------------------------------- 4,000,000 Puerto Rico Highway & Transportation Authority, Series D 5.375 07/01/2036 4,176,880 - -------------------------------------------------------------------------------------------------------------------------- 6,000,000 Puerto Rico Highway & Transportation Authority, Series G 5.000 07/01/2033 6,067,380 - -------------------------------------------------------------------------------------------------------------------------- 53,300,000 Puerto Rico Highway & Transportation Authority, Series G 5.000 07/01/2042 53,446,042 - -------------------------------------------------------------------------------------------------------------------------- 1,250,000 Puerto Rico Highway & Transportation Authority, Series J 5.125 07/01/2039 1,273,450 - -------------------------------------------------------------------------------------------------------------------------- 220,000 Puerto Rico Infrastructure 7.500 07/01/2009 224,950 - -------------------------------------------------------------------------------------------------------------------------- 1,080,000 Puerto Rico ITEMECF (Ana G. Mendez University) 5.375 02/01/2019 1,120,284 - -------------------------------------------------------------------------------------------------------------------------- 1,575,000 Puerto Rico ITEMECF (Ana G. Mendez University) 5.375 12/01/2021 1,637,276 - -------------------------------------------------------------------------------------------------------------------------- 5,750,000 Puerto Rico ITEMECF (Ana G. Mendez University) 5.375 02/01/2029 5,823,428 - -------------------------------------------------------------------------------------------------------------------------- 6,315,000 Puerto Rico ITEMECF (Ana G. Mendez University) 5.500 12/01/2031 6,425,955 - -------------------------------------------------------------------------------------------------------------------------- 42,400,000 Puerto Rico ITEMECF (Congeneration Facilities) 6.625 06/01/2026 45,431,600 - -------------------------------------------------------------------------------------------------------------------------- 3,345,000 Puerto Rico ITEMECF (Mennonite General Hospital) 5.625 07/01/2017 2,954,337 - -------------------------------------------------------------------------------------------------------------------------- 985,000 Puerto Rico ITEMECF (Mennonite General Hospital) 5.625 07/01/2027 816,703 - -------------------------------------------------------------------------------------------------------------------------- 8,735,000 Puerto Rico ITEMECF (Mennonite General Hospital) 6.500 07/01/2018 8,352,058 - -------------------------------------------------------------------------------------------------------------------------- 12,340,000 Puerto Rico ITEMECF (Mennonite General Hospital) 6.500 07/01/2026 11,463,613 - -------------------------------------------------------------------------------------------------------------------------- 750,000 Puerto Rico ITEMECF (Ryder Memorial Hospital) 6.400 05/01/2009 754,920 - -------------------------------------------------------------------------------------------------------------------------- 2,450,000 Puerto Rico ITEMECF (Ryder Memorial Hospital) 6.600 05/01/2014 2,443,116 - -------------------------------------------------------------------------------------------------------------------------- 5,250,000 Puerto Rico ITEMECF (Ryder Memorial Hospital) 6.700 05/01/2024 5,145,998 - -------------------------------------------------------------------------------------------------------------------------- 7,000,000 Puerto Rico ITEMECF (San Lucas & Cristo Redentor Hospitals) 5.750 06/01/2029 5,103,420 - -------------------------------------------------------------------------------------------------------------------------- 500,000 Puerto Rico ITEMECF (University of the Sacred Heart) 5.250 09/01/2021 517,555 - -------------------------------------------------------------------------------------------------------------------------- 8,000,000 Puerto Rico ITEMECF (University of the Sacred Heart) 5.250 09/01/2031 8,110,800 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 Puerto Rico Port Authority (American Airlines), Series A 6.250 06/01/2026 616,660 - -------------------------------------------------------------------------------------------------------------------------- 12,470,000 Puerto Rico Port Authority (American Airlines), Series A 6.300 06/01/2023 8,033,673 - -------------------------------------------------------------------------------------------------------------------------- 52,715,000 Puerto Rico Public Buildings Authority 5.000 07/01/2036 53,270,616 - -------------------------------------------------------------------------------------------------------------------------- 57,835,000 Puerto Rico Public Buildings Authority 5.250 07/01/2033 60,158,810 - -------------------------------------------------------------------------------------------------------------------------- 325,000 Puerto Rico Public Buildings Authority 5.375 07/01/2033 367,578 - -------------------------------------------------------------------------------------------------------------------------- 120,000 Puerto Rico Public Buildings Authority 5.375 07/01/2033 125,838 - -------------------------------------------------------------------------------------------------------------------------- 136,350,000 Puerto Rico Public Finance Corp., Series E 5.500 08/01/2029 154,626,354 - -------------------------------------------------------------------------------------------------------------------------- 46,060,000 Puerto Rico Public Finance Corp., Series E 5.500 08/01/2029 48,584,088 - -------------------------------------------------------------------------------------------------------------------------- 262,428 Puerto Rico San Sebastian Garage Lease 3,6 10.000 09/16/2005 248,519 - -------------------------------------------------------------------------------------------------------------------------- 9,230,000 University of V.I. , Series A 5.375 06/01/2034 9,479,672 - -------------------------------------------------------------------------------------------------------------------------- 2,040,000 University of V.I. , Series A 6.250 12/01/2029 2,207,239 - -------------------------------------------------------------------------------------------------------------------------- 1,250,000 V.I. Government Refinery Facilities (Hovensa Coker) 6.500 07/01/2021 1,363,050 - -------------------------------------------------------------------------------------------------------------------------- 45,000 V.I. Hsg. Finance Authority, Series A 6.450 03/01/2016 46,132 - -------------------------------------------------------------------------------------------------------------------------- 18,720,000 V.I. Public Finance Authority (Gross Receipts Taxes Loan) 5.000 10/01/2031 18,741,902 - -------------------------------------------------------------------------------------------------------------------------- 27,733,000 V.I. Public Finance Authority (Hovensa Coker) 6.500 07/01/2021 30,223,423 - -------------------------------------------------------------------------------------------------------------------------- 8,000,000 V.I. Public Finance Authority (Hovensa Refinery) 6.125 07/01/2022 8,567,040 - -------------------------------------------------------------------------------------------------------------------------- 11,700,000 V.I. Public Finance Authority (Hovensa) 5.875 07/01/2022 12,344,787 - -------------------------------------------------------------------------------------------------------------------------- 1,550,000 V.I. Public Finance Authority Computer Lease 3 6.250 01/01/2005 1,559,579 - -------------------------------------------------------------------------------------------------------------------------- 1,000,000 V.I. Public Finance Authority, Series A 5.500 10/01/2018 1,040,340 - -------------------------------------------------------------------------------------------------------------------------- 16,220,000 V.I. Public Finance Authority, Series A 5.500 10/01/2022 16,700,436 - -------------------------------------------------------------------------------------------------------------------------- 7,500,000 V.I. Public Finance Authority, Series A 5.625 10/01/2025 7,680,000 - -------------------------------------------------------------------------------------------------------------------------- 50,000 V.I. Public Finance Authority, Series A 5.625 10/01/2025 51,928 - -------------------------------------------------------------------------------------------------------------------------- 3,830,000 V.I. Public Finance Authority, Series E 6.000 10/01/2022 3,931,687 - -------------------------------------------------------------------------------------------------------------------------- 1,575,000 V.I. Water & Power Authority 5.300 07/01/2018 1,610,957 - -------------------------------------------------------------------------------------------------------------------------- 3,515,000 V.I. Water & Power Authority 5.300 07/01/2021 3,542,551 - -------------------------------------------------------------------------------------------------------------------------- 2,500,000 V.I. Water & Power Authority 5.500 07/01/2017 2,561,000 ------------------ 766,971,910 - -------------------------------------------------------------------------------------------------------------------------- Total Investments, at Value (Cost $5,944,489,295) 99.4% 6,006,669,382 - -------------------------------------------------------------------------------------------------------------------------- Other Assets Net of Liabilities 0.6 38,257,438 ------------------------------- Net Assets 100.0% $6,044,926,820 =============================== Footnotes to Statement of Investments 1. Represents a zero coupon bond. 2. When-issued security or forward commitment to be delivered and settled after September 30, 2004. 3. Illiquid or restricted security. As of September 30, 2004 the Fund had restricted securities as follows: UNREALIZED ACQUISITION VALUATION AS OF APPRECIATION SECURITY DATES COST SEPTEMBER 30, 2004 (DEPRECIATION) - ---------------------------------------------------------------------------------------------------------------------------- BONDS Herkimer County IDA (Burrows Paper) 3/10/93 $9,896,129 $9,649,217 $ (246,912) Nassau County IDA (Sharp International) 6/29/00 2,760,141 106,245 (2,653,896) Nassau County IDA (Sharp International) 6/29/00 2,527,708 97,298 (2,430,410) Nassau County IDA (Sharp International) 6/29/00 1,752,931 67,475 (1,685,456) Nassau County IDA (Sharp International) 6/29/00 1,597,976 61,510 (1,536,466) NYC IDA (Cellini Furniture Crafters) 8/23/99 345,000 321,098 (23,902) NYC IDA (Cellini Furniture Crafters) 8/23/99 885,000 805,757 (79,243) NYC IDA (Excel Paint Applicators) 7/24/00 720,000 704,110 (15,890) NYC IDA (Excel Paint Applicators) 7/24/00 4,825,000 4,629,539 (195,461) Orange County IDA (Kingston Manufacturing) 4/18/97 3,000,000 1,462,500 (1,537,500) Orange County IDA (Tuxedo Place) 8/26/99 7,745,000 5,711,705 (2,033,295) Orange County IDA (Tuxedo Place) 8/26/99 2,500,000 1,843,225 (656,775) Suffolk County IDA (ALIA-DDI) 6/11/99 1,490,000 1,542,225 52,225 Suffolk County IDA (ALIA-DDI) 12/8/99 285,000 305,822 20,822 Suffolk County IDA (ALIA-DDI) 9/18/00 100,000 108,885 8,885 Suffolk County IDA (DDI) 12/16/98 820,000 813,399 (6,601) Suffolk County IDA (DDI) 12/16/98 5,025,000 4,910,983 (114,017) 4. Represents the current interest rate for a variable or increasing rate security. 5. Represents the current interest rate for a variable rate bond known as an "inverse floater." 6. Issue is in default. 7. Non-income accuring security. 8. Denotes a step bond: a zero coupon bond that converts to a fixed or variable interest rate at a designated future date. Summary of Ratings September 30, 2004 Distribution of investments by ratings category, as a percentage of total investments at value, is as follows: Ratings Percent AAA 9.6% AA 14.5 A 17.9 BBB 34.4 BB 4.3 B 0.1 CCC 6.4 Not Rated 12.8 -------- TOTAL 100.0% ======== Bonds rated by any nationally recognized statistical rating organization are included in the equivalent Standard & Poor's rating category. As a general matter, unrated bonds may be backed by mortgage liens or equipment liens on the underlying property, and also may be guaranteed. Bonds which are backed by a letter of credit or by other financial institutions or agencies may be assigned an investment-grade rating by the Manager, which reflects the quality of the guarantor, institution or agency. Unrated bonds may also be assigned a rating when the issuer has rated bonds outstanding with comparable credit characteristics, or when, in the opinion of the Manager, the bond itself possesses credit characteristics which allow for rating. The unrated bonds in the portfolio are predominantly smaller issuers which have not applied for a bond rating. Only those unrated bonds which subsequent to purchase have not been designated investment grade by the Manager are included in the "Not Rated" category. To simplify the listings of securities, abbreviations are used per the table below: ACDS Association for Children with Down Syndrome ACLD Adults and Children with Learning and Developmental Disabilities ADD Aid to the Developmentally Disabled ALIA Alliance of Long Island Agencies ARC Association of Retarded Citizens ASMF Amsterdam Sludge Management Facility CAB Capital Appreciation Bond CCSSVD Central Council of the Society of St. Vincent dePaul CFGA Child and Family Guidance Association CNGCS Central Nassau Guidance and Counseling Services Con Ed Consolidated Edison Company COP Certificates of Participation CSD Central School District CSMR Community Services for the Mentally Retarded DA Dormitory Authority DDI Developmental Disabilities Institute DIAMONDS Direct Investment of Accrued Municipals EDA Economic Development Authority EFC Environmental Facilities Corp. EHC Elderly Housing Corporation ERDA Energy Research and Development Authority FHA Federal Housing Agency FREE Family Residences and Essential Enterprises GJSR Gurwin Jewish Senior Residences GO General Obligation HBFA Housing Bank and Finance Agency HDC Housing Development Corp. HELP Homeless Economic Loan Program HFA Housing Finance Agency/Authority HFC Housing Finance Corp. HH Harmony Heights, Inc. HHS Harmony Heights School HJDOI Hospital for Joint Diseases Orthopedic Institute IDA Industrial Development Agency IFA Interim Finance Authority IGHL Independent Group Home for Living INFLOS Inverse Floating Rate Securities ITEMECF Industrial, Tourist, Educational, Medical and Environmental Community Facilities JCC Jewish Community Center JDAM Julia Dyckman Andrus Memorial JFK John Fitzgerald Kennedy L.I. Long Island LGSC Local Government Services Corporation LILCO Long Island Lighting Corporation LRRHCF Loretto Rest Residential Health Care Facility LVH Little Village House MCH Maryhaven Center of Hope MSH/NYU Mount Sinai Hospital/New York University MTA Metropolitan Transportation Authority NH&HC Nursing Home and Health Care NIMO Niagara Mohawk Power Corporation NY/NJ New York/New Jersey NYC New York City NYS New York State NYU New York University OBPWC Ocean Bay Park Water Corporation PSCH Professional Service Centers for the Handicapped, Inc. Res Rec Resource Recovery Facility RG&E Rochester Gas and Electric RIBS Residual Interest Bonds RITES Residual Interest Tax Exempt Security SCCC Sullivan County Community College SCHC Senior Citizen Housing Corporation SCSB Schuyler Community Services Board SLCD School for Language and Communication Development SMCFS St. Mary's Children and Family Services SONYMA State of New York Mortgage Agency SSMH Soldiers and Sailors Memorial Hospital SUNY State University of New York TASC Tobacco Settlement Asset-Backed Bonds TFA Transitional Finance Authority TFABs Tobacco Flexible Amortization Bonds UCP/HCA United Cerebral Palsy and Handicapped Children's Association UCPAGS United Cerebral Palsy Association of Greater Suffolk UDC Urban Development Corp. V.I. United States Virgin Islands VDRNS Variable Demand Rate Notes WORCA Working Organization for Retarded Children and Adults WWH Wyandach/Wheatley Heights YMCA Young Men's Christian Association Distribution of investments by industry of issue, as a percentage of total investments at value, is as follows: INDUSTRY VALUE PERCENT - -------------------------------------------------------------------------------- Hospital/Health Care $735,789,556 12.3% Tobacco Settlements 623,973,638 10.4 Highways/Railways 549,179,241 9.1 Electric Utilities 546,978,469 9.1 Airlines 465,117,583 7.7 Adult Living Facilities 340,375,475 5.7 General Obligation 335,163,677 5.6 Multifamily Housing 328,294,747 5.5 Higher Education 266,367,925 4.4 Sales Tax Revenue 260,165,992 4.3 Not-for-Profit Organization 245,035,975 4.1 Water Utilities 185,660,052 3.1 Paper, Containers & Packaging 181,469,184 3.0 Marine/Aviation Facilities 174,953,512 2.9 Resource Recovery 119,662,085 2.0 Municipal Leases 109,368,186 1.8 Education 104,263,705 1.7 Single Family Housing 97,748,597 1.6 Manufacturing, Durable Goods 90,744,348 1.5 Manufacturing, Non-Durable Goods 88,484,329 1.5 Pollution Control 53,119,049 0.9 Special Assessment 40,100,286 0.7 Gas Utilities 32,679,406 0.5 Parking Fee Revenue 27,665,904 0.5 Hotels, Restaurants & Leisure 4,308,461 0.1 ------------------------------------- Total $6,006,669,382 100.0% =====================================
SECURITIES VALUATION. The Fund calculates the net asset value of its shares as of the close of The New York Stock Exchange (the Exchange), normally 4:00 P.M. Eastern time, on each day the Exchange is open for business. Securities listed or traded on National Stock Exchanges or other domestic or foreign exchanges are valued based on the last sale price of the security traded on that exchange prior to the time when the Fund's assets are valued. Securities traded on NASDAQ are valued based on the closing price provided by NASDAQ prior to the time when the Fund's assets are valued. In the absence of a sale, the security is valued at the last sale price on the prior trading day, if it is within the spread of the closing bid and asked prices, and if not, at the closing bid price. Corporate, government and municipal debt instruments having a remaining maturity in excess of 60 days and all mortgage-backed securities will be valued at the mean between the "bid" and "asked" prices. Securities may be valued primarily using dealer-supplied valuations or a portfolio pricing service authorized by the Board of Trustees. Securities (including restricted securities) for which market quotations are not readily available are valued at their fair value. Foreign and domestic securities whose values have been materially affected by what the Manager identifies as a significant event occurring before the Fund's assets are valued but after the close of their respective exchanges will be fair valued. Fair value is determined in good faith using consistently applied procedures under the supervision of the Board of Trustees. Short-term "money market type" debt securities with remaining maturities of sixty days or less are valued at amortized cost (which approximates market value). FEDERAL TAX. The aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments for federal income tax purposes as of September 30, 2004 are noted below. The primary difference between book and tax appreciation or depreciation of securities and other investments, if applicable, is attributable to the tax deferral of losses. Federal tax cost of securities $ 5,945,697,139 ================ Gross unrealized appreciation $ 237,701,172 Gross unrealized depreciation (176,728,929) ---------------- Net unrealized appreciation $ 60,972,243 ================ ITEM 2. CONTROLS AND PROCEDURES. (a) Based on their evaluation of registrant's disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940 (17 CFR 270.30a-3(c)) as of September 30, 2004, registrant's principal executive officer and principal financial officer found registrant's disclosure controls and procedures to provide reasonable assurances that information required to be disclosed by registrant in the reports that it files under the Securities Exchange Act of 1934 (a) is accumulated and communicated to registrant's management, including its principal executive officer and principal financial officer, to allow timely decisions regarding required disclosure, and (b) is recorded, processed, summarized and reported, within the time periods specified in the rules and forms adopted by the U.S. Securities and Exchange Commission. (b) There have been no significant changes in registrant's internal controls over financial reporting that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. ITEM 3. EXHIBITS. (a) Exhibits attached hereto. (Attach certifications as exhibits) EX-99.CERT 2 rq365_11951ex99cert.txt RQ365_11951EX99CERT.TXT Exhibit 99.CERT CERTIFICATIONS I, JOHN V. MURPHY, certify that: 1. I have reviewed this report on Form N-Q of Rochester Fund Municipals; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of trustees (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/ John V. Murphy - ---------------------------- John V. Murphy Chief Executive Officer Date: 11/16/04 Exhibit 99.CERT Section 302 Certifications CERTIFICATIONS I, BRIAN W. WIXTED, certify that: 1. I have reviewed this report on Form N-Q of Rochester Fund Municipals; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of trustees (or persons performing the equivalent functions): a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/ Brian W. Wixted - ---------------------------- Brian W. Wixted Chief Financial Officer Date: 11/16/04 -----END PRIVACY-ENHANCED MESSAGE-----