Investment Company Act file number 811-6384
Nuveen Texas Quality Income Municipal Fund
(Exact name of registrant as specified in charter)
333 West Wacker Drive, Chicago, Illinois 60606
(Address of principal executive offices) (Zip code)
Jessica R. DroegerVice President and Secretary
333 West Wacker Drive, Chicago, Illinois 60606
(Name and address of agent for service)
Registrant's telephone number, including area code: 312-917-7700
Date of fiscal year end: 07/31
Date of reporting period: 04/30/05
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (OMB) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. Schedule of Investments
Portfolio of Investments (Unaudited) | ||||||||
Nuveen Texas Quality Income Municipal Fund (NTX) | ||||||||
April 30, 2005 | ||||||||
Principal | Optional Call | Market | ||||||
Amount (000) | Description(1) | Provisions* | Ratings** | Value | ||||
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Consumer Staples - 1.9% (1.3% of Total Investments) | ||||||||
$ 2,820 | Puerto Rico, The Children's Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds, Series | 5/12 at 100.00 | BBB | $ 2,842,927 | ||||
2002, 5.375%, 5/15/33 | ||||||||
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Education and Civic Organizations - 12.6% (8.7% of Total Investments) | ||||||||
1,000 | Raven Hills Higher Education Corporation, Texas, Student Housing Revenue Bonds, Lamar University - | 8/11 at 100.00 | Aaa | 1,077,110 | ||||
Cardinal Village LLC, Series 2001A, 5.250%, 8/01/24 - MBIA Insured | ||||||||
Texas Public Finance Authority, Revenue Bonds, Texas Southern University Financing System, Series | ||||||||
2003: | ||||||||
1,710 | 5.000%, 5/01/18 - FGIC Insured | 5/13 at 100.00 | Aaa | 1,835,959 | ||||
1,795 | 5.000%, 5/01/19 - FGIC Insured | 5/13 at 100.00 | Aaa | 1,924,814 | ||||
1,885 | 5.000%, 5/01/20 - FGIC Insured | 5/13 at 100.00 | Aaa | 2,020,117 | ||||
2,000 | Texas State University System, Financing Revenue Refunding Bonds, Series 2002, 5.000%, 3/15/20 - | 3/12 at 100.00 | AAA | 2,116,660 | ||||
FSA Insured | ||||||||
1,665 | Texas State University System, Financing Revenue Bonds, Series 2004, 5.000%, 3/15/24 - FSA Insured | 9/14 at 100.00 | AAA | 1,756,059 | ||||
2,330 | Universal City Education Facilities Corporation, Texas, Revenue Bonds, Wayland Baptist University | 3/11 at 102.00 | A- | 2,458,989 | ||||
Project, Series 2001, 5.625%, 3/01/26 | ||||||||
5,000 | University of North Texas, Financing System Revenue Bonds, Series 2001, 5.000%, 4/15/24 - FSA | 4/12 at 100.00 | AAA | 5,257,350 | ||||
Insured | ||||||||
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Energy - 2.1% (1.4% of Total Investments) | ||||||||
3,000 | Gulf Coast Waste Disposal Authority, Texas, Waste Disposal Revenue Bonds, Valero Energy Corporation | 4/08 at 102.00 | BBB- | 3,033,480 | ||||
Project, Series 1998, 5.600%, 4/01/32 (Alternative Minimum Tax) | ||||||||
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Healthcare - 24.1% (16.7% of Total Investments) | ||||||||
3,500 | Abilene Health Facilities Development Corporation, Texas, Hospital Revenue Refunding and | 9/05 at 102.00 | AAA | 3,606,120 | ||||
Improvement Bonds, Hendrick Medical Center Project, Series 1995C, 6.150%, 9/01/25 - MBIA Insured | ||||||||
Brazoria County Health Facilities Development Corporation, Texas, Revenue Bonds, Brazosport | ||||||||
Memorial Hospital, Series 2004: | ||||||||
1,745 | 5.250%, 7/01/20 - RAAI Insured | 7/14 at 100.00 | AA | 1,858,547 | ||||
1,835 | 5.250%, 7/01/21 - RAAI Insured | 7/14 at 100.00 | AA | 1,948,715 | ||||
Gregg County Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Good | ||||||||
Shepherd Medical Center Project, Series 2000: | ||||||||
2,000 | 6.875%, 10/01/20 - RAAI Insured | 10/10 at 101.00 | AA | 2,307,060 | ||||
3,250 | 6.375%, 10/01/25 - RAAI Insured | 10/10 at 101.00 | AA | 3,670,193 | ||||
1,500 | Harris County Health Facilities Development Corporation, Texas, Revenue Bonds, St. Luke's Episcopal | 8/11 at 100.00 | AA- | 1,597,815 | ||||
Hospital, Series 2001A, 5.500%, 2/15/21 | ||||||||
2,000 | Harris County Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Memorial | 6/11 at 101.00 | A | 2,208,440 | ||||
Hermann Healthcare System, Series 2001A, 6.375%, 6/01/29 | ||||||||
5,750 | Midland County Hospital District, Texas, Hospital Revenue Bonds, Series 1992, 0.000%, 6/01/11 | No Opt. Call | BBB | 4,097,910 | ||||
2,000 | North Central Texas Health Facilities Development Corporation, Hospital Revenue Bonds, Baylor | 5/11 at 100.00 | AA- | 2,058,000 | ||||
Healthcare System, Series 2001A, 5.125%, 5/15/29 | ||||||||
1,760 | Parker County Hospital District, Texas, Hospital Revenue Bonds, Campbell Health System, Series | 8/09 at 102.00 | BB | 1,763,502 | ||||
1999, 6.250%, 8/15/19 | ||||||||
2,000 | Richardson Hospital Authority, Texas, Revenue Bonds, Richardson Regional Medical Center, Series | 12/13 at 100.00 | BBB | 2,120,160 | ||||
2004, 5.875%, 12/01/24 | ||||||||
1,050 | Tarrant County Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Adventist | 11/08 at 101.00 | A | 1,082,991 | ||||
Health System - Sunbelt Obligated Group, Series 1998, 5.375%, 11/15/20 | ||||||||
3,500 | Tarrant County Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Adventist | 11/10 at 101.00 | A | 3,878,630 | ||||
Health System - Sunbelt Obligated Group, Series 2000, 6.625%, 11/15/20 | ||||||||
2,000 | Tom Green County Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Shannon | 5/11 at 101.00 | Baa3 | 2,156,480 | ||||
Health System Project, Series 2001, 6.750%, 5/15/21 | ||||||||
1,000 | Tyler Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Mother Frances | 7/12 at 100.00 | Baa1 | 1,050,960 | ||||
Hospital Regional Healthcare Center, Series 2001, 6.000%, 7/01/31 | ||||||||
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Housing/Multifamily - 5.7% (4.0% of Total Investments) | ||||||||
Bexar County Housing Finance Corporation, Texas, Insured Multifamily Housing Revenue Bonds, Waters | ||||||||
at Northern Hills Apartments Project, Series 2001A: | ||||||||
2,000 | 6.000%, 8/01/31 - MBIA Insured | 8/11 at 102.00 | Aaa | 2,092,440 | ||||
750 | 6.050%, 8/01/36 - MBIA Insured | 8/11 at 102.00 | Aaa | 785,055 | ||||
Grand Prairie Housing Finance Corporation, Texas, GNMA Multifamily Housing Revenue Bonds, Landings | ||||||||
of Carrier Project, Series 2000A: | ||||||||
1,000 | 6.650%, 9/20/22 | 9/10 at 105.00 | AAA | 1,109,190 | ||||
2,030 | 6.750%, 9/20/28 | 9/10 at 105.00 | AAA | 2,238,826 | ||||
2,064 | Houston Housing Finance Corporation, Texas, GNMA Collateralized Mortgage Multifamily Housing | 9/11 at 105.00 | Aaa | 2,193,686 | ||||
Revenue Bonds, RRG Apartments Project, Series 2001, 6.250%, 9/20/35 | ||||||||
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Housing/Single Family - 5.4% (3.7% of Total Investments) | ||||||||
2,800 | El Paso Housing Finance Corporation, Texas, GNMA Collateralized Single Family Mortgage Revenue | 4/11 at 106.75 | AAA | 2,993,900 | ||||
Bonds, Series 2001A-3, 6.180%, 4/01/33 | ||||||||
175 | Galveston Property Finance Authority Inc., Texas, Single Family Mortgage Revenue Bonds, Series | 9/05 at 100.00 | A3 | 175,539 | ||||
1991A, 8.500%, 9/01/11 | ||||||||
200 | Houston Housing Finance Corporation, Texas, Single Family Mortgage Revenue Refunding Bonds, Series | 6/05 at 100.00 | AAA | 200,328 | ||||
1993A, 5.950%, 12/01/10 - FSA Insured | ||||||||
1,305 | Texas Department of Housing, Single Family Mortgage Revenue Bonds, Series 1996E, 6.000%, 9/01/17 - | 9/06 at 102.00 | AAA | 1,362,198 | ||||
MBIA Insured | ||||||||
2,905 | Texas Department of Housing and Community Affairs, Single Family Mortgage Bonds, Series 2002B, | 3/12 at 100.00 | AAA | 3,015,274 | ||||
5.550%, 9/01/33 (Alternative Minimum Tax) - MBIA Insured | ||||||||
130 | Victoria Housing Finance Corporation, Texas, FNMA Single Family Mortgage Revenue Refunding Bonds, | No Opt. Call | Aaa | 131,855 | ||||
Series 1995, 8.125%, 1/01/11 | ||||||||
|
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Long-Term Care - 7.3% (5.0% of Total Investments) | ||||||||
Bell County Health Facilities Development Corporation, Texas, Retirement Facility Revenue Bonds, | ||||||||
Buckner Retirement Services Inc. Obligated Group, Series 1998: | ||||||||
3,400 | 5.250%, 11/15/19 | 11/08 at 101.00 | A- | 3,472,964 | ||||
5,000 | 5.250%, 11/15/28 | 11/08 at 101.00 | A- | 5,017,750 | ||||
2,000 | Tarrant County Health Facilities Development Corporation, Texas, Tax-Exempt Mortgage Revenue Bonds, | 1/08 at 105.00 | AAA | 2,223,860 | ||||
South Central Nursing Homes Inc., Series 1997A, 6.000%, 1/01/37 - MBIA Insured | ||||||||
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Materials - 4.4% (3.0% of Total Investments) | ||||||||
3,000 | Cass County Industrial Development Corporation, Texas, Environmental Improvement Revenue Bonds, | 3/10 at 101.00 | BBB | 3,273,720 | ||||
International Paper Company, Series 2000A, 6.600%, 3/15/24 (Alternative Minimum Tax) | ||||||||
3,000 | Guadalupe-Blanco River Authority, Texas, Sewage and Solid Waste Disposal Facility Bonds, E.I. | 4/06 at 102.00 | AA- | 3,135,570 | ||||
DuPont de Nemours and Company Project, Series 1996, 6.400%, 4/01/26 (Alternative Minimum Tax) | ||||||||
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Tax Obligation/General - 32.6% (22.5% of Total Investments) | ||||||||
4,130 | Coppell Independent School District, Dallas County, Texas, Unlimited Tax School Building and | 8/09 at 75.34 | AAA | 2,675,166 | ||||
Refunding Bonds, Series 1992, 0.000%, 8/15/14 - MBIA Insured | ||||||||
2,595 | Denton County, Texas, Permanent Improvement General Obligation Bonds, Series 2005, 5.000%, 7/15/25 | 7/12 at 100.00 | AA | 2,719,716 | ||||
1,450 | Donna Independent School District, Hidalgo County, Texas, Unlimited Tax School Building Bonds, | 2/11 at 100.00 | AAA | 1,640,980 | ||||
Series 2000, 6.000%, 2/15/17 | ||||||||
1,750 | El Paso County, Texas, Certificates of Obligation, Series 2001, 5.000%, 2/15/21 - FSA Insured | 2/12 at 100.00 | AAA | 1,850,975 | ||||
Fort Bend County Municipal Utility District 25, Texas, General Obligation Bonds, Series 2005: | ||||||||
1,330 | 5.000%, 10/01/26 - FGIC Insured | 10/12 at 100.00 | AAA | 1,380,021 | ||||
1,320 | 5.000%, 10/01/27 - FGIC Insured | 10/12 at 100.00 | AAA | 1,368,536 | ||||
2,000 | Harlingen Independent School District, Cameron County, Texas, Unlimited Tax School Building Bonds, | 8/09 at 100.00 | AAA | 2,160,840 | ||||
Series 1999, 5.650%, 8/15/29 | ||||||||
Houston Community College, Texas, Limited Tax General Obligation Bonds, Series 2003: | ||||||||
2,500 | 5.000%, 2/15/20 - AMBAC Insured | 2/13 at 100.00 | AAA | 2,676,750 | ||||
2,235 | 5.000%, 2/15/21 - AMBAC Insured | 2/13 at 100.00 | AAA | 2,386,824 | ||||
1,500 | Judson Independent School District, Bexar County, Texas, General Obligation Refunding Bonds, Series | 2/11 at 100.00 | Aaa | 1,609,005 | ||||
2002, 5.250%, 2/01/21 | ||||||||
2,600 | Klein Independent School District, Harris County, Texas, Unlimited Tax Schoolhouse Bonds, Series | 8/09 at 100.00 | AAA | 2,753,036 | ||||
1999A, 5.000%, 8/01/18 | ||||||||
5,220 | Leander Independent School District, Williamson and Travis Counties, Texas, Unlimited Tax School | 8/09 at 46.74 | AAA | 2,033,138 | ||||
Building and Refunding Bonds, Series 2000, 0.000%, 8/15/21 | ||||||||
1,000 | Mansfield Independent School District, Tarrant County, Texas, General Obligation Bonds, Series | 2/14 at 100.00 | AAA | 1,062,870 | ||||
2004, 5.000%, 2/15/20 | ||||||||
1,545 | Montgomery County, Texas, General Obligation Refunding Bonds, Series 1997, 0.000%, 3/01/14 - MBIA | 9/07 at 72.39 | AAA | 1,014,957 | ||||
Insured | ||||||||
925 | Northside Independent School District, Bexar County, Texas, Unlimited Tax School Building and | 8/10 at 100.00 | AAA | 1,020,876 | ||||
Refunding Bonds, Series 2000, 5.875%, 8/15/25 | ||||||||
500 | Puerto Rico, General Obligation and Public Improvement Bonds, Series 2001A, 5.500%, 7/01/29 | No Opt. Call | A- | 576,010 | ||||
Roma Independent School District, Texas, General Obligation Bonds, Series 2005: | ||||||||
1,110 | 5.000%, 8/15/22 (WI, settling 5/12/05) | 8/15 at 100.00 | AAA | 1,184,104 | ||||
1,165 | 5.000%, 8/15/23 (WI, settling 5/12/05) - FSA Insured | 8/15 at 100.00 | AAA | 1,240,166 | ||||
1,440 | South Texas Community College District, General Obligation Bonds, Series 2002, 5.500%, 8/15/17 - | 8/12 at 100.00 | AAA | 1,604,779 | ||||
AMBAC Insured | ||||||||
1,250 | Southside Independent School District, Bexar County, Texas, General Obligation Bonds, Series 2004A, | 8/14 at 100.00 | Aaa | 1,326,813 | ||||
5.000%, 8/15/22 | ||||||||
1,140 | Sunnyvale School District, Texas, General Obligation Bonds, Series 2004, 5.250%, 2/15/25 | 2/14 at 100.00 | AAA | 1,222,069 | ||||
2,000 | Texas, General Obligation Bonds, Water Financial Assistance Program, Series 2001, 5.250%, 8/01/23 | 8/11 at 100.00 | Aa1 | 2,156,540 | ||||
1,500 | Texas, General Obligation Refunding Bonds, Public Finance Authority, Series 2002, 5.000%, 10/01/18 | 10/12 at 100.00 | Aa1 | 1,607,100 | ||||
1,795 | United Independent School District, Webb County, Texas, Unlimited Tax School Building Bonds, Series | 8/12 at 100.00 | AAA | 1,977,731 | ||||
2000, 5.375%, 8/15/18 | ||||||||
5,290 | Weslaco Independent School District, Hidalgo County, Texas, General Obligation School Building | 2/10 at 100.00 | Aaa | 5,690,083 | ||||
Bonds, Series 2000, 5.500%, 2/15/25 | ||||||||
West Texas Independent School District, McLennan and Hill Counties, General Obligation Refunding | ||||||||
Bonds, Series 1998: | ||||||||
1,000 | 0.000%, 8/15/22 | 8/13 at 61.20 | AAA | 408,310 | ||||
1,000 | 0.000%, 8/15/24 | 8/13 at 54.88 | AAA | 363,450 | ||||
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Tax Obligation/Limited - 13.2% (9.1% of Total Investments) | ||||||||
4,500 | Austin, Texas, Subordinate Lien Hotel Occupancy Tax Revenue Refunding Bonds, Series 1999, 5.800%, | 11/09 at 100.00 | AAA | 4,923,000 | ||||
11/15/29 - AMBAC Insured | ||||||||
Bexar County, Texas, Combined Tax and Revenue Certificates of Obligation, Series 2004: | ||||||||
1,235 | 5.000%, 6/15/17 | 6/14 at 100.00 | AA | 1,327,823 | ||||
1,295 | 5.000%, 6/15/18 | 6/14 at 100.00 | AA | 1,388,849 | ||||
1,260 | 5.000%, 6/15/19 | 6/14 at 100.00 | AA | 1,346,360 | ||||
1,275 | Copperas Cove, Texas, Certificates of Obligation, Series 2003, 5.000%, 8/15/23 - MBIA Insured | 8/12 at 100.00 | AAA | 1,345,648 | ||||
2,305 | Corpus Christi, Texas, Combination Tax and Municipal Hotel Occupancy Tax Revenue Certificates of | 9/12 at 100.00 | AAA | 2,539,833 | ||||
Obligation, Series 2002, 5.500%, 9/01/21 - FSA Insured | ||||||||
2,250 | Harris County-Houston Sports Authority, Texas, Senior Lien Revenue Bonds, Series 2001G, 5.250%, | 11/11 at 100.00 | AAA | 2,386,553 | ||||
11/15/22 - MBIA Insured | ||||||||
1,255 | Pasadena, Texas, Certificates of Obligation, Series 2002, 5.125%, 4/01/24 - FGIC Insured | 4/11 at 100.00 | AAA | 1,338,294 | ||||
2,685 | San Antonio, Texas, Hotel Occupancy Tax Revenue Bonds, Henry B. Gonzalez Convention Center Project, | 8/06 at 102.00 | AAA | 2,818,552 | ||||
Series 1996, 5.700%, 8/15/26 - FGIC Insured | ||||||||
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Transportation - 5.8% (4.0% of Total Investments) | ||||||||
1,000 | Austin, Texas, Airport System Prior Lien Revenue Bonds, Series 2003, 5.250%, 11/15/16 - MBIA | 11/13 at 100.00 | AAA | 1,091,740 | ||||
Insured | ||||||||
3,260 | Central Texas Regional Mobility Authority, Travis and Williamson Counties, Toll Road Revenue Bonds, | 1/15 at 100.00 | AAA | 3,445,429 | ||||
Series 2005, 5.000%, 1/01/22 - FGIC Insured | ||||||||
2,600 | Dallas-Ft. Worth International Airport Facility Improvement Corporation, Texas, Revenue Bonds, | 11/09 at 101.00 | Caa2 | 1,783,366 | ||||
American Airlines Inc., Series 1999, 6.375%, 5/01/35 (Alternative Minimum Tax) | ||||||||
2,000 | Houston, Texas, Subordinate Lien Airport System Revenue Bonds, Series 2000A, 5.625%, 7/01/30 | 7/10 at 100.00 | AAA | 2,156,180 | ||||
(Alternative Minimum Tax) - FSA Insured | ||||||||
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U.S. Guaranteed *** - 12.0% (8.3% of Total Investments) | ||||||||
160 | Abilene Housing Development Corporation, Texas, Section 8 First Lien Revenue Bonds, Abilene East | No Opt. Call | N/R*** | 169,371 | ||||
Apartments, Series 1978, 7.000%, 7/01/08 | ||||||||
520 | Puerto Rico, The Children's Trust Fund, Tobacco Settlement Asset-Backed Bonds, Series 2000, | 7/10 at 100.00 | AAA | 552,666 | ||||
5.750%, 7/01/20 (Pre-refunded to 7/01/10) | ||||||||
1,450 | Galveston Industrial Development Corporation, Texas, Sales Tax Revenue Bonds, Series 1995, 5.750%, | 9/05 at 100.00 | AAA | 1,465,631 | ||||
9/01/15 (Pre-refunded to 9/01/05) - AMBAC Insured | ||||||||
1,000 | Laredo, Texas, Sports Venue Sales Tax Revenue Bonds, Series 2001, 5.300%, 3/15/26 (Pre-refunded to | 3/09 at 100.00 | AAA | 1,056,890 | ||||
3/15/09) - FGIC Insured | ||||||||
1,000 | North Central Texas Health Facilities Development Corporation, Hospital Revenue Bonds, Presbyterian | No Opt. Call | AAA | 1,165,750 | ||||
Healthcare System, Series 1996B, 5.750%, 6/01/26 - MBIA Insured | ||||||||
1,075 | Northside Independent School District, Bexar County, Texas, Unlimited Tax School Building and | 8/10 at 100.00 | AAA | 1,212,579 | ||||
Refunding Bonds, Series 2000, 5.875%, 8/15/25 (Pre-refunded to 8/15/10) | ||||||||
2,500 | Retama Development Corporation, Texas, Special Facilities Revenue Bonds, Retama Park Racetrack, | 12/17 at 100.00 | AAA | 3,363,275 | ||||
Series 1993, 8.750%, 12/15/18 (Pre-refunded to 12/15/17) | ||||||||
1,750 | San Antonio, Texas, Electric and Gas System Revenue Refunding Bonds, Series 2002, 5.375%, 2/01/20 | 2/12 at 100.00 | Aa1*** | 1,946,683 | ||||
(Pre-refunded to 2/01/12) | ||||||||
1,895 | San Antonio, Texas, Hotel Occupancy Tax Revenue Bonds, Henry B. Gonzalez Convention Center Project, | 8/06 at 102.00 | AAA | 2,002,484 | ||||
Series 1996, 5.700%, 8/15/26 (Pre-refunded to 8/15/06) - FGIC Insured | ||||||||
665 | San Antonio, Texas, Water System Revenue Refunding Bonds, Series 1992, 6.500%, 5/15/10 - MBIA | No Opt. Call | AAA | 747,187 | ||||
Insured | ||||||||
1,825 | Socorro Independent School District, El Paso County, Texas, General Obligation Bonds, Series 1996, | 2/06 at 100.00 | Aaa | 1,868,526 | ||||
5.750%, 2/15/21 (Pre-refunded to 2/15/06) | ||||||||
1,800 | Williamson County, Texas, General Obligation Bonds, Series 2002, 5.500%, 2/15/16 (Pre-refunded to | 2/12 at 100.00 | AAA | 2,032,164 | ||||
2/15/12) - FSA Insured | ||||||||
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Utilities - 7.0% (4.8% of Total Investments) | ||||||||
2,560 | Brazos River Authority, Texas, Pollution Control Revenue Refunding Bonds, TXU Electric Company, | 4/13 at 101.00 | BBB | 3,053,491 | ||||
Series 1999C, 7.700%, 3/01/32 (Alternative Minimum Tax) (a) | ||||||||
2,400 | Brazos River Authority, Texas, Revenue Bonds, Reliant Energy Inc., Series 1999A, 5.375%, 4/01/19 | 4/09 at 101.00 | BBB- | 2,497,008 | ||||
2,000 | Harris County Health Facilities Development Corporation, Texas, Thermal Utility Revenue Bonds, TECO | 2/10 at 100.00 | AAA | 2,157,980 | ||||
Project, Series 2000, 5.750%, 2/15/15 (Alternative Minimum Tax) - AMBAC Insured | ||||||||
1,500 | Matagorda County Navigation District 1, Texas, Pollution Control Revenue Refunding Bonds, Central | 7/05 at 100.00 | AAA | 1,512,300 | ||||
Power and Light Company Project, Series 1993, 6.000%, 7/01/28 - MBIA Insured | ||||||||
1,000 | Matagorda County Navigation District 1, Texas, Revenue Bonds, Reliant Energy Inc., Series 1999B, | 5/09 at 101.00 | BBB- | 1,015,350 | ||||
5.950%, 5/01/30 (Alternative Minimum Tax) | ||||||||
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Water and Sewer - 10.8% (7.5% of Total Investments) | ||||||||
Coastal Water Authority, Texas, Contract Revenue Bonds, Houston Water Projects, Series 2004: | ||||||||
1,005 | 5.000%, 12/15/20 - FGIC Insured | 12/14 at 100.00 | AAA | 1,076,556 | ||||
1,030 | 5.000%, 12/15/21 - FGIC Insured | 12/14 at 100.00 | AAA | 1,099,958 | ||||
3,000 | Houston, Texas, First Lien Combined Utility System Revenue Bonds, Series 2004A, 5.250%, 5/15/23 - | 5/14 at 100.00 | AAA | 3,239,640 | ||||
FGIC Insured | ||||||||
3,500 | Houston, Texas, Junior Lien Water and Sewerage System Revenue Refunding Bonds, Series 2001A, | 12/11 at 100.00 | AAA | 3,892,945 | ||||
5.500%, 12/01/17 - FSA Insured | ||||||||
Irving, Texas, Subordinate Lien Waterworks and Sewerage Revenue Bonds, Series 2004: | ||||||||
1,680 | 5.000%, 8/15/22 - AMBAC Insured | 8/14 at 100.00 | AAA | 1,783,236 | ||||
1,760 | 5.000%, 8/15/23 - AMBAC Insured | 8/14 at 100.00 | AAA | 1,864,544 | ||||
1,260 | Rowlett, Rockwall and Dallas Counties, Texas, Waterworks and Sewerage System Revenue Bonds, Series | 3/14 at 100.00 | AAA | 1,332,097 | ||||
2004A, 5.000%, 3/01/22 - MBIA Insured | ||||||||
1,500 | Texas Water Development Board, Senior Lien State Revolving Fund Revenue Bonds, Series 1999A, | 7/09 at 100.00 | AAA | 1,612,782 | ||||
5.500%, 7/15/21 | ||||||||
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$ 207,899 | Total Long-Term Investments (cost $199,734,062) - 144.9% | 212,474,708 | ||||||
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Other Assets Less Liabilities - 2.2% | 3,141,295 | |||||||
|
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Preferred Shares, at Liquidation Value - (47.1)% | (69,000,000) | |||||||
|
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Net Assets Applicable to Common Shares - 100% | $146,616,003 | |||||||
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(1) | All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares | |||||||
unless otherwise noted. | ||||||||
* | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There | |||||||
may be other call provisions at varying prices at later dates. | ||||||||
** | Ratings: Using the higher of Standard & Poor's or Moody's rating. | |||||||
*** | Securities are backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency | |||||||
securities which ensures the timely payment of principal and interest. Such securities are normally considered | ||||||||
to be equivalent to AAA rated securities. | ||||||||
N/R | Investment is not rated. | |||||||
(WI) | Security purchased on a when-issued basis. | |||||||
(a) | The issuer has received a preliminary adverse determination from the Internal Revenue Service (the "IRS") | |||||||
regarding the tax-exempt status of the bonds' coupon payments. The Fund will continue to treat coupon | ||||||||
payments as tax-exempt income until such time that it is formally determined that the interest on the bonds | ||||||||
should be treated as taxable. | ||||||||
Income Tax Information | ||||||||
The following information is presented on an income tax basis. Differences between amounts for financial | ||||||||
statement and federal income tax purposes are primarily due to timing differences in recognizing income on | ||||||||
taxable market discount securities and timing differences in recognizing certain gains and losses on | ||||||||
security transactions. | ||||||||
At April 30, 2005, the cost of investments was $199,638,014. | ||||||||
Gross unrealized appreciation and gross unrealized depreciation of investments at April 30, 2005, | ||||||||
were as follows: | ||||||||
|
||||||||
Gross unrealized: | ||||||||
Appreciation | $13,629,518 | |||||||
Depreciation | (792,824) | |||||||
|
||||||||
Net unrealized appreciation of investments | $12,836,694 | |||||||
|
Item 2. Controls and Procedures.
Item 3. Exhibits.
File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Nuveen Texas Quality Income Municipal Fund
By (Signature and Title)* /s/ Jessica R. Droeger--Vice President and Secretary
Date 06/29/05
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Gifford R. Zimmerman--Chief Administrative Officer (principal executive officer)
Date 06/29/05
By (Signature and Title)* /s/ Stephen D. Foy--Vice President and Controller (principal financial officer)
Date 06/29/05
* Print the name and title of each signing officer under his or her signature.