As filed with the Securities and Exchange Commission on January 4, 2013
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-21168
NEUBERGER BERMAN INTERMEDIATE MUNICIPAL FUND INC.
(Exact Name of the Registrant as Specified in Charter)
c/o Neuberger Berman Management LLC
605 Third Avenue, 2nd Floor
New York, New York 10158-0180
(Address of Principal Executive Offices – Zip Code)
Registrant's telephone number, including area code: (212) 476-8800
Robert Conti
Chief Executive Officer and President
Neuberger Berman Intermediate Municipal Fund Inc.
c/o Neuberger Berman Management LLC
605 Third Avenue, 2nd Floor
New York, New York 10158-0180
Arthur C. Delibert, Esq.
K&L Gates LLP
1601 K Street, N.W.
Washington, D.C. 20006-1600
(Names and Addresses of agents for service)
Date of fiscal year end: October 31, 2012
Date of reporting period: October 31, 2012
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR 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, 100 F Street, NE, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. Report to Stockholders.
|
Neuberger Berman
Intermediate Municipal
Closed-End Funds
Municipal Fund Inc.
Neuberger Berman Intermediate Municipal
Fund Inc.
Neuberger Berman New York Intermediate
Municipal Fund Inc.
|
|
Annual Report
October 31, 2012
|
|
Contents
|
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|
PRESIDENT'S LETTER
|
1
|
|
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PORTFOLIO COMMENTARIES
|
||
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California Intermediate Municipal Fund Inc.
|
2
|
|
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Intermediate Municipal Fund Inc.
|
2
|
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New York Intermediate Municipal Fund Inc.
|
2
|
|
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SCHEDULES OF INVESTMENTS
|
||
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California Intermediate Municipal Fund Inc.
|
6
|
|
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Intermediate Municipal Fund Inc.
|
10
|
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New York Intermediate Municipal Fund Inc.
|
18
|
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FINANCIAL STATEMENTS
|
25
|
|
|
FINANCIAL HIGHLIGHTS/PER SHARE DATA
|
||
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California Intermediate Municipal Fund Inc.
|
36
|
|
|
Intermediate Municipal Fund Inc.
|
37
|
|
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New York Intermediate Municipal Fund Inc.
|
38
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Report of Independent Registered Public Accounting Firm
|
40
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|
|
Distribution Reinvestment Plan
|
41
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|
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Directory
|
44
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Directors and Officers
|
45
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Proxy Voting Policies and Procedures
|
54
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Quarterly Portfolio Schedule
|
54
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Notice to Shareholders
|
54
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Recent Market Conditions
|
54
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Report of Votes of Shareholders
|
57
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|
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Board Consideration of the Management and
|
||
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Sub-Advisory Agreements
|
58
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President's Letter
Dear Shareholder,
I am pleased to present this annual report for the Neuberger Berman Intermediate Municipal Closed-End Funds for the 12 months ended October 31, 2012. The report includes portfolio commentaries, listings of the Funds' investments and their audited financial statements for the reporting period.
Each Fund's investment objective is to provide a high level of current income exempt from regular federal income tax and, for each state-specific Fund, a high level of current income exempt from that state's personal income taxes (and, in the case of the New York Fund, New York City personal income tax).
We generally invest in intermediate-term municipal bonds because our experience and research indicate that this maturity range has historically offered the best risk/reward profile on the yield curve, providing much of the return of longer-term bonds with less volatility and risk. We believe that our conservative investment philosophy and disciplined investment process will benefit you with superior tax-exempt current income over the long term.
Thank you for your confidence in the Funds. We will continue to do our best to earn your trust in the years to come.
Sincerely,
Robert Conti
President And CEO
Neuberger Berman California Intermediate Municipal Fund Inc.
Neuberger Berman Intermediate Municipal Fund Inc.
Neuberger Berman New York Intermediate Municipal Fund Inc.
1
Neuberger Berman Intermediate Municipal Closed-End Funds Portfolio Commentaries (Unaudited)
For the 12 months ended October 31, 2012, on a net asset value ("NAV") basis, all three of the Neuberger Berman Intermediate Municipal Closed-End Funds posted positive returns and outperformed their benchmark, the Barclays 10 Year Municipal Bond Index. The California Intermediate Municipal Fund, Intermediate Municipal Fund, and New York Intermediate Municipal Fund posted 10.65%, 13.30% and 9.26% total returns, respectively, whereas the benchmark generated a 9.11% return. The use of leverage (typically a performance enhancer in up markets and a detractor during market retreats) was beneficial for performance as well.
The municipal market posted a solid return during the reporting period, with much of the return coming from market appreciation. Supporting the market were rising tax revenues, low defaults and some meaningful progress in the fiscal positions of numerous states. In addition, net new supply was low from a historical basis, whereas investor demand was typically strong. Looking at the municipal market more closely, lower-quality securities outperformed their higher-quality counterparts as investors looked to generate incremental yield in what appears to be an extended period of extremely low interest rates. In addition, longer-term securities outperformed shorter-term securities. The intermediate portion of the municipal curve produced mixed results over the 12-month period. However, intermediate-term municipal securities performed well overall, with the seven-year portion of the curve generating the best returns.
We tactically adjusted the Funds' durations several times during the reporting period. We started the period with a long duration versus the index and then generally allowed it to drift shorter in the first quarter of 2012. This adjustment was made because we anticipated some weakness in the market due to its extended rally and given seasonal weakness that typically occurs during tax season. In the second half of the reporting period, we then shifted to a longer duration and maintained this position for the remainder of the period. Overall, duration was positive for performance. In terms of the Funds' yield curve positioning, we maintained a barbell approach (investing in shorter and longer maturities). In contrast, the Funds' benchmark is concentrated in the eight- to 12-year portion of the curve. Given our underweight to the seven-year portion of the curve, the Funds' barbell approach detracted from relative results.
The Funds maintained a lower-quality bias compared to the benchmark as we sought to generate incremental yield. This was rewarded given the outperformance of lower-quality bonds during the reporting period. In addition, security selection generally contributed to results during the reporting period.
We have a generally positive outlook for the municipal market. In many ways, we believe the opportunities and the challenges in the market are similar to what we faced heading into the reporting period. The municipal yield curve continues to be steep from a historical perspective and we believe supply should remain manageable. In addition, with the economy expanding at a modest pace, we feel the Federal Reserve will hold rates at their current ultra-low levels for the foreseeable future. As such, we believe demand for municipal securities will be solid, especially given their compelling valuations versus other fixed income securities.
In terms of challenges, while we do not expect to see wholesale defaults, we do see the potential for a level of defaults above historic norms, as well as an increase in downgrade activity. Other areas that warrant our attention include the fiscal cliff and potential legislation regarding the tax-exempt status of municipal bonds. It is our view that the fiscal cliff will be resolved sooner rather than later. In light of the growing deficit in the U.S., there could be discussions in Washington DC regarding municipal bonds, but we do not anticipate seeing any meaningful changes to their tax-favored status. That being said, we could see periods of increased volatility in the municipal market in the coming months.
Sincerely,
 |
 |
James L. Iselin And S. Blake Miller
Portfolio Co-Managers
The portfolio composition, industries and holding of the Funds are subject to change.
2
|
TICKER SYMBOLS
|
|||
|
California Intermediate Municipal Fund
|
NBW
|
||
|
Intermediate Municipal Fund
|
NBH
|
||
|
New York Intermediate Municipal Fund
|
NBO
|
||
| CALIFORNIA INTERMEDIATE
MUNICIPAL FUND PORTFOLIO
BY STATE AND TERRITORY
|
|||||
|
(as a % of Total Investments)
|
|||||
|
Arizona
|
0.5
|
%
|
|||
|
California
|
82.1
|
||||
|
Florida
|
0.4
|
||||
|
Guam
|
2.1
|
||||
|
Illinois
|
0.9
|
||||
|
Massachusetts
|
0.7
|
||||
|
Nevada
|
0.8
|
||||
|
New Jersey
|
0.5
|
||||
|
Pennsylvania
|
1.4
|
||||
|
Puerto Rico
|
8.9
|
||||
|
Tennessee
|
0.4
|
||||
|
Texas
|
1.3
|
||||
|
Total
|
100.0
|
%
|
|||
|
NEW YORK INTERMEDIATE
MUNICIPAL FUND PORTFOLIO
BY STATE AND TERRITORY
|
|||||
|
(as a % of Total Investments)
|
|||||
|
Arizona
|
0.4
|
%
|
|||
|
California
|
2.9
|
||||
|
Guam
|
2.4
|
||||
|
Illinois
|
0.6
|
||||
|
Massachusetts
|
0.9
|
||||
|
Nevada
|
0.9
|
||||
|
New York
|
82.5
|
||||
|
Pennsylvania
|
1.6
|
||||
|
Puerto Rico
|
6.2
|
||||
|
Texas
|
1.6
|
||||
|
Total
|
100.0
|
%
|
|||
| PERFORMANCE HIGHLIGHTS1 | |||||||||||||||||
|
Neuberger Berman
|
|||||||||||||||||
|
Inception
|
Average Annual Total Return
Ended 10/31/2012
|
||||||||||||||||
|
At NAV2
|
Date
|
1 Year
|
5 Years
|
10 Years
|
Life of Fund
|
||||||||||||
|
California Intermediate
Municipal Fund
|
09/24/2002
|
10.65
|
%
|
7.33
|
%
|
6.60
|
%
|
6.51
|
%
|
||||||||
|
Intermediate Municipal Fund
|
09/24/2002
|
13.30
|
%
|
7.63
|
%
|
6.83
|
%
|
6.73
|
%
|
||||||||
|
New York Intermediate
Municipal Fund
|
09/24/2002
|
9.26
|
%
|
6.53
|
%
|
6.09
|
%
|
6.02
|
%
|
||||||||
|
At Market Price3
|
|||||||||||||||||
|
California Intermediate
Municipal Fund
|
09/24/2002
|
19.55
|
%
|
10.82
|
%
|
6.63
|
%
|
6.55
|
%
|
||||||||
|
Intermediate Municipal Fund
|
09/24/2002
|
17.51
|
%
|
10.97
|
%
|
6.63
|
%
|
6.56
|
%
|
||||||||
|
New York Intermediate
Municipal Fund
|
09/24/2002
|
20.49
|
%
|
9.66
|
%
|
6.09
|
%
|
6.02
|
%
|
||||||||
|
Index
|
|||||||||||||||||
|
Barclays 10 Year
Municipal Bond Index4
|
9.11
|
%
|
6.81
|
%
|
5.55
|
%
|
5.32
|
%
|
|||||||||
Closed-end funds, unlike open-end funds, are not continually offered. Generally, there is an initial public offering and, once issued, common shares of closed-end funds are sold in the open market through a stock exchange.
The performance data quoted represent past performance and do not indicate future results. Current performance may be lower or higher than the performance data quoted. For more current performance data, please visit www.nb.com.
The results shown in the table reflect the reinvestment of income dividends and other distributions, if any. The results do not reflect the effect of taxes a shareholder would pay on Fund distributions or on the sale of Fund shares.
Investment return and market price will fluctuate and common shares may trade at prices below NAV. Common shares, when sold, may be worth more or less than their original cost.
Returns would have been lower if Neuberger Berman Management LLC ("Management") had not waived a portion of its investment management fees during the periods shown. Please see Note B in the Notes to Financial Statements for specific information regarding fee waiver arrangements.
|
INTERMEDIATE MUNICIPAL FUND PORTFOLIO BY STATE
AND TERRITORY
|
||||
|
(as a % of Total Investments)
|
||||
|
Alabama
|
0.8
|
%
|
||
|
Arizona
|
4.9
|
|||
|
California
|
15.8
|
|||
|
Colorado
|
2.2
|
|||
|
District of Columbia
|
1.8
|
|||
|
Florida
|
2.2
|
|||
|
Georgia
|
1.6
|
|||
|
Guam
|
1.6
|
|||
|
Hawaii
|
1.6
|
|||
|
Illinois
|
8.1
|
|||
|
Indiana
|
4.3
|
|||
|
Iowa
|
2.6
|
|||
|
Kentucky
|
0.0
|
|||
|
Louisiana
|
0.4
|
|||
|
Maine
|
0.4
|
|||
|
Maryland
|
0.5
|
|||
|
Massachusetts
|
4.9
|
|||
|
Michigan
|
2.0
|
|||
|
Minnesota
|
2.1
|
|||
|
Mississippi
|
1.0
|
|||
|
Missouri
|
3.0
|
|||
|
Nevada
|
1.2
|
|||
|
New Hampshire
|
0.6
|
|||
|
New Jersey
|
3.5
|
|||
|
New York
|
5.4
|
|||
|
North Carolina
|
1.5
|
|||
|
Ohio
|
0.5
|
|||
|
Oregon
|
0.1
|
|||
|
Pennsylvania
|
2.8
|
|||
|
Puerto Rico
|
3.2
|
|||
|
Rhode Island
|
0.8
|
|||
|
South Carolina
|
0.5
|
|||
|
Tennessee
|
1.8
|
|||
|
Texas
|
6.6
|
|||
|
Utah
|
1.4
|
|||
|
Vermont
|
0.4
|
|||
|
Virginia
|
1.3
|
|||
|
Washington
|
2.2
|
|||
|
West Virginia
|
0.2
|
|||
|
Wisconsin
|
2.6
|
|||
|
Wyoming
|
1.1
|
|||
|
Other
|
0.5
|
|||
|
Total
|
100.0
|
%
|
||
3
Endnotes (Unaudited)
|
1
|
A portion of each Fund's income may be a tax preference item for purposes of the federal alternative minimum tax for certain shareholders.
|
|
2
|
Returns based on the net asset value ("NAV") of each Fund.
|
|
3
|
Returns based on the market price of Fund shares on the NYSE MKT.
|
|
4
|
Please see "Glossary of Index" starting on page 5 for a description of the index. Please note that the index does not take into account any fees, expenses or tax consequences of investing in the individual securities that it tracks, and that individuals cannot invest directly in any index. Data about the performance of the index is prepared or obtained by Management and reflects the reinvestment of income dividends and other distributions, if any. The Funds may invest in securities not included in the described index and/or may not invest in all securities included in the described index.
|
For more complete information on any of the Neuberger Berman Intermediate Municipal Closed-End Funds, call Management at (800) 877-9700, or visit our website at www.nb.com.
4
Glossary of Index (Unaudited)
|
Barclays 10 Year Municipal Bond Index:
|
An unmanaged index that is the 10-year (8-12) component the Barclays Municipal Bond Index, which is a rules-based, market-value-weighted index engineered for the long-term tax-exempt bond market. To be included in the index, bonds must be rated investment-grade (Baa3/BBB- or higher), have an outstanding par value of at least $7 million and be issued as part of a transaction of at least $75 million. The bonds must be fixed rate, have a dated-date after December 31, 1990, and be at least one year from their maturity date. Remarketed issues, taxable municipal bonds, bonds with floating rates, and derivatives, are excluded from the benchmark.
|
5
Schedule of Investments California Intermediate Municipal Fund Inc.
| PRINCIPAL AMOUNT |
SECURITY
|
VALUE† | ||||||||
|
(000's omitted)
|
(000's omitted)z
|
|||||||||
|
Municipal Notes (165.8%)
|
||||||||||
|
Arizona (0.9%)
|
||||||||||
|
$
|
750
|
Verrado Comm. Fac. Dist. Number 1 G.O., Ser. 2003, 6.15%, due 7/15/17
|
$
|
752
|
||||||
|
California (136.2%)
|
||||||||||
|
500
|
Abag Fin. Au. Rev. (San Diego Hosp. Assoc.), Ser. 2003-C, 5.13%, due 3/1/18
|
529
|
ß
|
|||||||
|
1,500
|
Bay Area Toll Au. Toll Bridge Rev. (San Francisco Bay Area), Ser. 2012, 5.00%, due 4/1/21
|
1,880
|
||||||||
|
500
|
California Ed. Fac. Au. Rev. (Scripps College), Ser. 2007,
(National Public Finance Guarantee Corp. Insured), 5.00%, due 11/1/15
|
551
|
ß
|
|||||||
|
2,000
|
California HFA Home Mtge. Rev., Ser. 2006-E, (FGIC Insured), 4.88%, due 2/1/17
|
2,048
|
||||||||
|
870
|
California HFA Home Mtge. Rev., Ser. 2007-E, 5.00%, due 2/1/42
|
896
|
||||||||
|
2,000
|
California Hlth. Fac. Fin. Au. Rev. (Catholic Healthcare West), Ser. 2004-I,
4.95%, due 7/1/26 Putable 7/1/14
|
2,133
|
ß
|
|||||||
|
2,000
|
California Hlth. Fac. Fin. Au. Rev. (Cedars-Sinai Med. Ctr.), Ser. 2005, 5.00%, due 11/15/21
|
2,187
|
ß
|
|||||||
|
1,000
|
California Hlth. Fac. Fin. Au. Rev. (Children Hosp. Los Angeles), Ser. 2012-A, 5.00%, due 11/15/26
|
1,110
|
ß
|
|||||||
|
1,600
|
California Hlth. Fac. Fin. Au. Rev. (Hosp. Adventist Hlth. Sys.), Ser. 2002-A,
(LOC: Wells Fargo Bank NA), 0.18%, due 9/1/25
|
1,600
|
µß
|
|||||||
|
1,235
|
California Hlth. Fac. Fin. Au. Rev. (St. Joseph Hlth. Sys.), Ser. 2011-C, (LOC: Northern Trust Co.),
0.24%, due 7/1/41
|
1,235
|
µ
|
|||||||
|
3,100
|
California Infrastructure & Econ. Dev. Bank Rev. (J. Paul Getty), Ser. 2007-A2, 0.17%, due 10/1/47
|
3,100
|
µß
|
|||||||
|
1,000
|
California Infrastructure & Econ. Dev. Bank St. Sch. Fund Lease Rev.
(King City Joint Union High Sch. Dist. Fin.), Ser. 2010, 5.13%, due 8/15/24
|
1,083
|
||||||||
|
500
|
California Muni. Fin. Au. Ed. Rev. (American Heritage Ed. Foundation Proj.), Ser. 2006-A,
5.00%, due 6/1/16
|
518
|
||||||||
|
2,000
|
California Muni. Fin. Au. Rev. (Chevron USA-Rec. Zone BDS), Ser. 2010-B, 0.18%, due 11/1/35
|
2,000
|
µß
|
|||||||
|
1,040
|
California Muni. Fin. Au. Rev. (Loma Linda Univ.), Ser. 2007, 5.00%, due 4/1/21
|
1,126
|
ß
|
|||||||
|
600
|
California Muni. Fin. Au. Rev. (Southwestern Law Sch.), Ser. 2011, 6.00%, due 11/1/26
|
701
|
ß
|
|||||||
|
800
|
California Poll. Ctrl. Fin. Au. Env. Imp. Rev. (Air Prod. & Chemicals, Inc.), Ser. 1997, 0.24%, due 3/1/41
|
800
|
µß
|
|||||||
|
555
|
California St. Dept. of Wtr. Res. Ctr. Valley Proj. Rev. (Wtr. Sys.), Ser. 2012-AN, 5.00%, due 12/1/21
|
708
|
||||||||
|
20
|
California St. G.O., Ser. 2002, 5.00%, due 10/1/17
|
20
|
||||||||
|
1,500
|
California St. G.O., Ser. 2012, 5.00%, due 2/1/27
|
1,746
|
||||||||
|
1,095
|
California St. Pub. Works Board Lease Rev. (California Comm. Colleges), Ser. 2004-B,
5.50%, due 6/1/20
|
1,157
|
||||||||
|
1,000
|
California St. Pub. Works Board Lease Rev. (Dept. of Gen. Svc.) (Cap. East End), Ser. 2002-A,
(AMBAC Insured), 5.25%, due 12/1/16
|
1,003
|
||||||||
|
1,000
|
California St. Var. Purp. G.O., Ser. 2012, 4.00%, due 9/1/21
|
1,145
|
||||||||
|
985
|
California Statewide CDA Cert. of Participation Rev. (The Internext Group), Ser. 1999,
5.38%, due 4/1/17
|
988
|
ß
|
|||||||
|
1,000
|
California Statewide CDA Hlth. Fac. Rev. (Adventist Hlth.), Ser. 2005-A, 5.00%, due 3/1/20
|
1,081
|
ß
|
|||||||
|
5,000
|
California Statewide CDA Hlth. Fac. Rev. (Mem. Hlth. Svcs.), Ser. 2003-A,
6.00%, due 10/1/16 Pre-Refunded 4/1/13
|
5,118
|
ß
|
|||||||
|
1,220
|
California Statewide CDA Rev. (California Baptist Univ.), Ser. 2007-A, 5.30%, due 11/1/18
|
1,387
|
ß
|
|||||||
|
1,000
|
California Statewide CDA Rev. (Daughters of Charity Hlth.), Ser. 2005-G, 5.00%, due 7/1/22
|
1,057
|
ß
|
|||||||
|
880
|
California Statewide CDA Rev. (Lancer Ed. Std. Hsg. Proj.), Ser. 2007, 5.40%, due 6/1/17
|
956
|
ß
|
|||||||
|
1,255
|
California Statewide CDA Rev. (Sr. Living So. California Presbyterian Homes), Ser. 2009,
6.25%, due 11/15/19
|
1,458
|
ß
|
|||||||
|
1,500
|
California Statewide CDA Rev. (St. Joseph Hlth. Sys.), Ser. 2000,
(National Public Finance Guarantee Corp. Insured), 5.13%, due 7/1/24
|
1,691
|
ß
|
|||||||
|
300
|
California Statewide CDA Rev. (Valley Care Hlth. Sys.), Ser. 2007-A, 4.80%, due 7/15/17
|
321
|
ß
|
|||||||
|
1,500
|
Compton Unified Sch. Dist. Ref. G.O. (Election 2002), Ser. 2006-D, (AMBAC Insured),
0.00%, due 6/1/14
|
1,435
|
||||||||
|
1,365
|
Daly City Hsg. Dev. Fin. Agcy. Rev. Ref. (Franciscan Mobile Home Park), Ser. 2007-A,
5.00%, due 12/15/21
|
1,433
|
ß
|
|||||||
|
250
|
Folsom Pub. Fin. Au. Spec. Tax Rev., Ser. 2007-B, 4.40%, due 9/1/13
|
254
|
||||||||
|
2,000
|
Fresno Joint Pwr. Fin. Au. Lease Rev. (Master Lease Proj.), Ser. 2008-A, (Assured Guaranty Insured), 5.00%, due 4/1/23
|
2,147
|
||||||||
|
1,000
|
Fresno Unified Sch. Dist. Ref. G.O., Ser. 2002-A, (National Public Finance Guarantee Corp. Insured), 6.00%, due 2/1/17
|
1,156
|
||||||||
See Notes to Schedule of Investments
6
Schedule of Investments California Intermediate Municipal Fund Inc.
cont'd
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
$
|
2,000
|
Glendale Redev. Agcy. Tax Allocation Rev. (Central Glendale Redev. Proj.), Ser. 2010,
5.50%, due 12/1/24
|
$
|
2,098
|
||||||
|
1,000
|
Imperial Comm. College Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-A, (AGM Insured), 0.00%, due 8/1/40
|
1,058
|
h
|
|||||||
|
1,000
|
Inglewood Pub. Fin. Au. Ref. Rev., Ser. 2012, 5.00%, due 8/1/18
|
1,069
|
||||||||
|
600
|
JPMorgan Chase Putters/Drivers Trust Rev., Ser. 2012-4059, (LOC: JP Morgan Chase N.A.),
0.23%, due 5/1/13
|
600
|
ñµ
|
|||||||
|
1,105
|
Lodi Pub. Fin. Au. Lease Rev., Ser. 2012, 5.25%, due 10/1/26
|
1,245
|
||||||||
|
1,130
|
Long Beach Fin. Au. Rev., Ser. 1992, (AMBAC Insured), 6.00%, due 11/1/17
|
1,198
|
||||||||
|
4,000
|
Los Angeles Dept. of Arpts. Rev. (Los Angeles Int'l Arpt.), Ser. 2002-A,
(National Public Finance Guarantee Corp. Insured), 5.25%, due 5/15/18
|
4,013
|
||||||||
|
2,000
|
Los Angeles Muni. Imp. Corp. Lease Ref. Rev. (Real Property), Ser. 2012-C, 5.00%, due 3/1/27
|
2,262
|
||||||||
|
500
|
Los Angeles Reg. Arpt. Imp. Corp. Lease Rev. (Laxfuel Corp.), Ser. 2012, 4.50%, due 1/1/27
|
535
|
ß
|
|||||||
|
2,000
|
Menlo Park Comm. Dev. Agcy. Tax. Allocation (Pulgas Comm. Dev.), Ser. 2006, (AMBAC Insured), 0.23%, due 1/1/31
|
2,000
|
µ
|
|||||||
|
700
|
Metro. Wtr. Dist. of So. California Rev., Ser. 2000-B3, (LOC: Wells Fargo Bank NA), 0.19%, due 7/1/35
|
700
|
µ
|
|||||||
|
1,070
|
Mill Valley Sch. Dist. G.O. Cap. Appreciation, Ser. 1994-A, 0.00%, due 8/1/19
|
902
|
||||||||
|
1,000
|
Mountain House Pub. Fin. Au. Utils. Sys. Rev., Ser. 2007, 5.00%, due 12/1/22
|
1,026
|
||||||||
|
535
|
Nevada & Placer Cos. Irrigation Dist. Cert. of Participation Rev., Ser. 2002,
(National Public Finance Guarantee Corp. Insured), 5.00%, due 1/1/16 Pre-Refunded 1/1/13
|
539
|
||||||||
|
565
|
Nevada & Placer Cos. Irrigation Dist. Cert. of Participation Rev., Ser. 2002,
(National Public Finance Guarantee Corp. Insured), 5.00%, due 1/1/17 Pre-Refunded 1/1/13
|
569
|
||||||||
|
500
|
Northstar Comm. Svcs. Dist. Spec. Tax (Comm. Facs. Dist. Number 1), Ser. 2006, 4.70%, due 9/1/18
|
475
|
||||||||
|
500
|
Northstar Comm. Svcs. Dist. Spec. Tax (Comm. Facs. Dist. Number 1), Ser. 2006, 4.75%, due 9/1/19
|
466
|
||||||||
|
605
|
Oakland Redev. Agcy. Rev. (Coliseum Area Redev. Proj.), Ser. 2003,
5.00%, due 9/1/16 Pre-Refunded 3/1/13
|
614
|
||||||||
|
635
|
Oakland Redev. Agcy. Rev. (Coliseum Area Redev. Proj.), Ser. 2003,
5.00%, due 9/1/17 Pre-Refunded 3/1/13
|
645
|
||||||||
|
1,290
|
Oakland Redev. Agcy. Sub. Tax Allocation Rev. (Central Dist. Redev. Proj.), Ser. 2003,
(National Public Finance Guarantee Corp. Insured), 5.50%, due 9/1/17
|
1,306
|
||||||||
|
1,445
|
Oceanside Cert. of Participation Ref. Rev., Ser. 2003-A, (AMBAC Insured), 5.25%, due 4/1/14
|
1,467
|
||||||||
|
1,490
|
Oxnard Harbor Dist. Rev., Ser. 2011-B, 4.50%, due 8/1/24
|
1,569
|
||||||||
|
1,500
|
Pico Rivera Pub. Fin. Au. Lease Rev., Ser. 2009, 4.75%, due 9/1/25
|
1,662
|
||||||||
|
3,890
|
Port of Oakland Ref. Rev., Ser. 2002-N, (National Public Finance Guarantee Corp. Insured),
5.00%, due 11/1/13
|
3,890
|
||||||||
|
440
|
Roseville Stone Point Comm. Fac. Dist. Number 1 Special Tax Rev., Ser. 2003, 5.70%, due 9/1/17
|
452
|
||||||||
|
1,000
|
Sacramento City Fin. Au. Ref. Rev. (Master Lease Prog. Facs.), Ser. 2006-E, (AMBAC Insured),
5.25%, due 12/1/24
|
1,194
|
||||||||
|
2,600
|
Sacramento Muni. Utils. Dist. Elec. Rev., Ser. 1997-K, (AMBAC Insured), 5.70%, due 7/1/17
|
3,143
|
||||||||
|
1,350
|
San Bernardino Comm. College Dist. G.O. (Election 2002), Ser. 2008-A, 6.25%, due 8/1/24
|
1,659
|
||||||||
|
400
|
San Diego Pub. Facs. Fin. Au. Lease Rev. (Ballpark), Ser. 2007-A, (AMBAC Insured),
5.25%, due 2/15/19
|
456
|
||||||||
|
830
|
San Diego Redev. Agcy. Sub. Parking Rev. (Centre City Redev. Proj.), Ser. 2003-B, 4.80%, due 9/1/15
|
831
|
||||||||
|
820
|
San Diego Redev. Agcy. Sub. Parking Rev. (Centre City Redev. Proj.), Ser. 2003-B, 4.90%, due 9/1/16
|
821
|
||||||||
|
1,000
|
San Francisco City & Co. Arpts. Commission Int'l Ref. Rev., Ser. 2009-C2, 5.00%, due 5/1/21
|
1,173
|
||||||||
|
2,115
|
San Francisco City & Co. Redev. Fin. Au. Tax Allocation (San Francisco Redev. Proj.), Ser. 2003-B,
(National Public Finance Guarantee Corp. Insured), 5.25%, due 8/1/18
|
2,165
|
||||||||
|
2,000
|
San Francisco City & Co. Unified Sch. Dist. Ref. Rev., Ser. 2012, 4.00%, due 6/15/25
|
2,251
|
||||||||
|
925
|
San Jose Multi-Family Hsg. Rev. (Fallen Leaves Apts. Proj.), Ser. 2002-J1, (AMBAC Insured),
4.95%, due 12/1/22
|
928
|
ß
|
|||||||
|
1,060
|
San Jose Redev. Agcy. Tax Allocation Ref. (Merged Area Redev. Proj.), Ser. 2006-D, (AMBAC Insured),
5.00%, due 8/1/21
|
1,081
|
||||||||
|
1,000
|
San Juan Unified Sch. Dist. G.O, Ser. 2012-C, 4.00%, due 8/1/22
|
1,136
|
||||||||
|
1,070
|
San Juan Unified Sch. Dist. G.O, Ser. 2012-C, 4.00%, due 8/1/25
|
1,180
|
||||||||
|
1,000
|
San Mateo Union High Sch. Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-A,
0.00%, due 9/1/25
|
553
|
||||||||
|
1,000
|
San Rafael City High Sch. Dist. G.O. Cap. Appreciation (Election 2002), Ser. 2004-B,
(National Public Finance Guarantee Corp. Insured), 0.00%, due 8/1/18
|
873
|
||||||||
|
1,390
|
San Rafael Redev. Agcy. Tax Allocation Ref. (Central San Rafael Redev. Proj.), Ser. 2009,
(Assured Guaranty Insured), 5.00%, due 12/1/21
|
1,586
|
||||||||
See Notes to Schedule of Investments
7
Schedule of Investments California Intermediate Municipal Fund Inc.
cont'd
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
$
|
485
|
Santa Maria Bonita Sch. Dist. Cert. of Participation (Cap. Imp. & Ref. Proj.), Ser. 1998,
(National Public Finance Guarantee Corp. Insured), 5.00%, due 3/1/14
|
$
|
487
|
||||||
|
525
|
Sierra View Local Hlth. Care Dist. Rev., Ser. 2007, 4.40%, due 7/1/13
|
533
|
||||||||
|
505
|
Sierra View Local Hlth. Care Dist. Rev., Ser. 2007, 4.50%, due 7/1/14
|
521
|
||||||||
|
460
|
South Gate Pub. Fin. Au. Tax Allocation Rev. (South Gate Redev. Proj. Number 1), Ser. 2002,
(XLCA Insured), 5.00%, due 9/1/16
|
471
|
||||||||
|
1,500
|
Sulphur Springs Union Sch. Dist. Cert. of Participation (Cap. Appreciation), Ser. 2010,
(AGM Insured), 0.00%, due 12/1/37
|
1,527
|
c
|
|||||||
|
1,250
|
Sunnyvale Sch. Dist. G.O. (Election 2004), Ser. 2005-A, (AGM Insured), 5.00%, due 9/1/21
|
1,340
|
||||||||
|
1,300
|
Tulare Local Hlth. Care Dist., Ser. 2007, 5.00%, due 11/1/20
|
1,335
|
||||||||
|
2,000
|
Vernon Elec. Sys. Rev., Ser. 2009-A, 5.13%, due 8/1/21
|
2,271
|
||||||||
|
3,000
|
Victor Valley Comm. College Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2009-C,
0.00%, due 8/1/37
|
2,489
|
i
|
|||||||
|
1,500
|
Vista Unified Sch. Dist. G.O, Ser. 2012, 5.00%, due 8/1/21
|
1,863
|
||||||||
|
3,500
|
William S. Hart Union High Sch. Dist. G.O. Cap. Appreciation (Election 2001), Ser. 2005-B,
(AGM Insured), 0.00%, due 9/1/26
|
1,973
|
||||||||
|
2,250
|
Wiseburn Sch. Dist. G.O. Cap Appreciation (Election 2010), Ser. 2011-B, (AGM Insured),
|
1,265
|
j
|
|||||||
|
0.00%, due 8/1/36
|
||||||||||
|
119,223
|
||||||||||
|
Florida (0.7%)
|
||||||||||
|
525
|
Lakeland Ed. Facs. Rev. (Florida So. College Proj.), Ser. 2012-A, 5.00%, due 9/1/24
|
594
|
ß
|
|||||||
|
Guam (3.5%)
|
||||||||||
|
1,110
|
Guam Gov't Hotel Occupancy Tax Rev., Ser. 2011-A, 5.25%, due 11/1/18
|
1,233
|
||||||||
|
700
|
Guam Gov't Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2005, 5.50%, due 7/1/16
|
744
|
||||||||
|
1,000
|
Guam Gov't Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2010, 5.25%, due 7/1/25
|
1,083
|
||||||||
|
3,060
|
||||||||||
|
Illinois (1.4%)
|
||||||||||
|
715
|
Bartlett Tax Increment Ref. Rev. (Quarry Redev. Proj.), Ser. 2007, 5.35%, due 1/1/17
|
737
|
||||||||
|
500
|
Illinois Fin. Au. Rev. (Navistar Int'l Rec. Zone Fac.), Ser. 2010, 6.50%, due 10/15/40
|
520
|
ß
|
|||||||
|
1,257
|
||||||||||
|
Massachusetts (1.2%)
|
||||||||||
|
1,000
|
Massachusetts St. HFA Rev., Ser. 2010-C, 5.00%, due 12/1/30
|
1,049
|
||||||||
|
Nevada (1.3%)
|
||||||||||
|
1,000
|
Las Vegas Redev. Agcy. Tax Increment Rev., Ser. 2009-A, 7.50%, due 6/15/23
|
1,150
|
||||||||
|
New Jersey (0.9%)
|
||||||||||
|
750
|
New Jersey St. Econ. Dev. Au. Rev. (Continental Airlines, Inc., Proj.), Ser. 1999, 5.13%, due 9/15/23
|
768
|
ß
|
|||||||
| Pennsylvania (2.2%) | ||||||||||
|
2,000
|
Pennsylvania St. Turnpike Commission Turnpike Rev. (Cap. Appreciation), Subser. 2010-B2,
|
1,963
|
b
|
|||||||
|
0.00%, due 12/1/34
|
||||||||||
|
Puerto Rico (14.7%)
|
||||||||||
|
2,000
|
Puerto Rico Commonwealth Aqueduct & Swr. Au. Sr. Lien Rev., Ser. 2012-A, 4.25%, due 7/1/25
|
1,937
|
||||||||
|
1,500
|
Puerto Rico Elec. Pwr. Au. Ref. Rev., Ser. 2007-VV, 5.50%, due 7/1/20
|
1,708
|
||||||||
|
1,000
|
Puerto Rico Elec. Pwr. Au. Rev., Ser. 2010-XX, 5.25%, due 7/1/35
|
1,022
|
||||||||
|
400
|
Puerto Rico Ind., Tourist Ed. Med. & Env. Ctrl. Fac. Rev. (Int'l American Univ. Proj.), Ser. 2012, 5.00%, due 10/1/21
|
442
|
ß
|
|||||||
See Notes to Schedule of Investments
8
Schedule of Investments California Intermediate Municipal Fund Inc.
cont'd
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
$
|
1,000
|
Puerto Rico Ind., Tourist, Ed., Med. & Env. Ctrl. Fac. Rev. (Polytechnic Univ. of Puerto Rico Proj.), Ser. 2002-A, (ACA Insured), 5.25%, due 8/1/15
|
$
|
1,002
|
ß
|
|||||
|
3,000
|
Puerto Rico Muni. Fin. Agcy. Rev., Ser. 2002-A, (AGM Insured), 5.25%, due 8/1/17
|
3,008
|
||||||||
|
1,000
|
Puerto Rico Muni. Fin. Agcy. Rev., Ser. 2002-A, (AGM Insured), 5.25%, due 8/1/21
|
1,002
|
||||||||
|
1,500
|
Puerto Rico Sales Tax Fin. Corp. Rev., Subser. 2009-A, 5.00%, due 8/1/24
|
1,661
|
||||||||
|
900
|
Puerto Rico Sales Tax Fin. Corp. Sales Tax Rev., Ser. 2011 C, 5.00%, due 8/1/21
|
1,099
|
||||||||
|
12,881
|
||||||||||
|
Tennessee (0.6%)
|
||||||||||
|
500
|
Tennessee Energy Acquisition Corp. Gas Rev., Ser. 2006-A, 5.25%, due 9/1/23
|
575
|
||||||||
|
Texas (2.2%)
|
||||||||||
|
1,750
|
Love Field Arpt. Modernization Corp. Spec. Fac. Rev. (Southwest Airlines Co. Proj.), Ser. 2010, 5.25%, due 11/1/40
|
1,894
|
ß
|
|||||||
|
Total Investments (165.8%) (Cost $137,633)
|
145,166
|
##
|
||||||||
|
Cash, receivables and other assets, less liabilities (1.6%)
|
1,374
|
|||||||||
|
Liquidation Value of Auction Market Preferred Shares [(67.4%)]
|
(59,000
|
)
|
||||||||
|
Total Net Assets Applicable to Common Shareholders (100.0%)
|
$
|
87,540
|
||||||||
See Notes to Schedule of Investments
9
Schedule of Investments Intermediate Municipal Fund Inc.
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
Municipal Notes (159.4%)
|
||||||||||
|
Alabama (1.2%)
|
||||||||||
|
$
|
1,500
|
Courtland IDB Solid Waste Disp. Rev. (Champion Int'l Corp. Proj.), Ser. 1999, 6.00%, due 8/1/29
|
$
|
1,506
|
ß
|
|||||
|
1,900
|
Selma IDB Rev. (Int'l Paper Co. Proj.), Ser. 2011-A, 5.38%, due 12/1/35
|
2,082
|
ß
|
|||||||
|
3,588
|
||||||||||
|
Arizona (7.8%)
|
||||||||||
|
5,000
|
Arizona Sch. Fac. Board Cert. of Participation, Ser. 2008, (Assured Guaranty Insured),
5.13%, due 9/1/21
|
5,762
|
||||||||
|
2,265
|
Arizona Wtr. Infrastructure Fin. Au. Rev. (Wtr. Quality), Ser. 2008-A, 5.00%, due 10/1/22
|
2,692
|
||||||||
|
5,870
|
Mohave Co. Ind. Dev. Au. Correctional Fac. Contract Rev. (Mohave Prison LLC Expansion Proj.), Ser. 2008, 7.50%, due 5/1/19
|
7,165
|
ß
|
|||||||
|
400
|
Phoenix-Mesa Gateway Arpt. Au. Spec. Fac. Rev. (Mesa Proj.), Ser. 2012, 5.00%, due 7/1/24
|
446
|
||||||||
|
1,840
|
Pinal Co. Cert. of Participation, Ser. 2004, 5.25%, due 12/1/18
|
1,971
|
||||||||
|
1,155
|
Pinal Co. Cert. of Participation, Ser. 2004, 5.25%, due 12/1/22
|
1,227
|
||||||||
|
1,750
|
Verrado Comm. Fac. Dist. Number 1 G.O., Ser. 2003, 6.15%, due 7/15/17
|
1,754
|
||||||||
|
2,325
|
Verrado Comm. Fac. Dist. Number 1 G.O., Ser. 2006, 5.05%, due 7/15/18
|
2,210
|
||||||||
|
23,227
|
||||||||||
|
California (25.3%)
|
||||||||||
|
1,300
|
California HFA Rev. (Home Mtge.), Ser. 2007-E, 5.00%, due 2/1/42
|
1,340
|
||||||||
|
2,250
|
California Hlth. Fac. Fin. Au. Rev. (Cedars-Sinai Med. Ctr.), Ser. 2009, 5.00%, due 8/15/39
|
2,456
|
ß
|
|||||||
|
1,000
|
California Hlth. Facs. Fin. Au. Rev. (Childrens Hosp. Los Angeles), Ser. 2012-A, 5.00%, due 11/15/26
|
1,110
|
ß
|
|||||||
|
1,725
|
California Infrastructure & Econ. Dev. Bank St. Sch. Fund Rev. (King City Joint Union High Sch.),
Ser. 2010, 5.13%, due 8/15/24
|
1,868
|
||||||||
|
1,685
|
California St. G.O., Ser. 2007, (XLCA Insured), 4.50%, due 8/1/27
|
1,812
|
||||||||
|
1,845
|
California St. G.O., Ser. 2005, 5.00%, due 3/1/19
|
2,020
|
||||||||
|
1,500
|
California St. Pub. Works Board Lease Rev. (Dept. of Gen. Svcs. Cap East End), Ser. 2002-A,
(AMBAC Insured), 5.25%, due 12/1/17
|
1,505
|
||||||||
|
4,000
|
California St. Var. Purp. G.O., Ser. 2009, 5.63%, due 4/1/25
|
4,804
|
||||||||
|
1,500
|
California St. Var. Purp. G.O., Ser. 2012, 4.00%, due 9/1/21
|
1,718
|
||||||||
|
1,240
|
California Statewide CDA Hlth. Fac. Rev. (Mem. Hlth. Svcs.), Ser. 2003-A,
6.00%, due 10/1/16 Pre-Refunded 4/1/13
|
1,269
|
ß
|
|||||||
|
1,035
|
California Statewide CDA Rev. (California Baptist Univ. Proj.), Ser. 2007-A, 5.30%, due 11/1/18
|
1,176
|
ßØØ
|
|||||||
|
2,000
|
Emery Unified Sch. Dist. G.O. (Election 2010), Ser. 2011-A, 6.50%, due 8/1/33
|
2,521
|
||||||||
|
1,515
|
Golden St. Tobacco Securitization Corp. Tobacco Settlement Rev., Ser. 2003-A1, 6.25%, due 6/1/33
|
1,567
|
||||||||
|
2,000
|
Imperial Comm. College Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-A, (AGM Insured),
0.00%, due 8/1/40
|
2,116
|
h
|
|||||||
|
1,000
|
Inglewood Pub. Fin. Au. Ref. Rev. (Lease), Ser. 2012, 5.00%, due 8/1/16
|
1,062
|
||||||||
|
1,950
|
Inglewood Pub. Fin. Au. Ref. Rev. (Lease), Ser. 2012, 5.00%, due 8/1/17
|
2,084
|
||||||||
|
1,115
|
Inglewood Pub. Fin. Au. Ref. Rev. (Lease), Ser. 2012, 5.00%, due 8/1/18
|
1,192
|
||||||||
|
3,620
|
Norwalk-La Mirada Unified Sch. Dist. G.O. Cap. Appreciation, Ser. 2005-B, (AGM Insured),
0.00%, due 8/1/24
|
2,157
|
||||||||
|
5,750
|
Norwalk-La Mirada Unified Sch. Dist. G.O. Cap. Appreciation (Election 2002), Ser. 2009-E, (Assured Guaranty Insured), 0.00%, due 8/1/29
|
4,070
|
d
|
|||||||
|
2,080
|
Oakland Redev. Agcy. Sub. Tax Allocation Rev. (Central Dist. Redev. Proj.), Ser. 2003, (National Public Finance Guarantee Corp. Insured), 5.50%, due 9/1/18
|
2,103
|
||||||||
|
5,000
|
Redondo Beach Unified Sch. Dist. G.O., Ser. 2009, 0.00%, due 8/1/34
|
4,984
|
e
|
|||||||
|
2,060
|
Rocklin Unified Sch. Dist. G.O. Cap. Appreciation, Ser. 1994-B,
(National Public Finance Guarantee Corp. Insured), 0.00%, due 8/1/19
|
1,759
|
||||||||
|
4,000
|
Sacramento City Fin. Au. Ref. Rev. (Master Lease Prog. Facs.), Ser. 2006-E, (AMBAC Insured),
5.25%, due 12/1/26
|
4,778
|
||||||||
|
2,000
|
San Bernardino Comm. College Dist. G.O. Cap. Appreciation (Election), Ser. 2009-B,
0.00%, due 8/1/34
|
1,651
|
f
|
|||||||
|
740
|
San Diego Redev. Agcy. Sub. Parking Rev. (Centre City Redev. Proj.), Ser. 2003-B, 5.00%, due 9/1/17
|
741
|
||||||||
|
2,000
|
San Francisco City & Co. Arpt. Commission Int'l Arpt. Ref. Rev., Ser. 2009-C2, 5.00%, due 5/1/25
|
2,304
|
||||||||
See Notes to Schedule of Investments
10
Schedule of Investments Intermediate Municipal Fund Inc. cont'd
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
$
|
6,000
|
San Mateo Foster City Sch. Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2010-A,
0.00%, due 8/1/32
|
$
|
3,947
|
g
|
|||||
|
3,000
|
Vernon Elec. Sys. Rev., Ser. 2009-A, 5.13%, due 8/1/21
|
3,407
|
||||||||
|
9,070
|
Victor Valley Comm. College Dist. G.O. Cap. Appreciation (Election 2008), Ser. 2009-C,
0.00%, due 8/1/37
|
7,526
|
i
|
|||||||
|
5,095
|
Victor Valley Joint Union High Sch. Dist. G.O. Cap. Appreciation Bonds, Ser. 2009,
(Assured Guaranty Insured), 0.00%, due 8/1/26
|
2,828
|
||||||||
|
3,000
|
Wiseburn Sch. Dist. G.O. Cap. Appreciation (Election 2010), Ser. 2011-B, (AGM Insured),
0.00%, due 8/1/36
|
1,687
|
j
|
|||||||
|
75,562
|
||||||||||
|
Colorado (3.5%)
|
||||||||||
|
4,220
|
Colorado Springs Utils. Sys. Sub. Lien Ref. Rev., Ser. 2002-A, (AMBAC Insured), 5.38%, due 11/15/18
|
4,226
|
||||||||
|
380
|
Denver City & Co. Arpt. Sys. Ref. Rev., Ser. 1991-D, (XLCA Insured), 7.75%, due 11/15/13
|
393
|
ØØ
|
|||||||
|
5,000
|
Denver City & Co. Arpt. Sys. Rev., Ser. 2011-B, 5.00%, due 11/15/24
|
5,748
|
||||||||
|
10,367
|
||||||||||
|
District of Columbia (2.8%)
|
||||||||||
|
1,615
|
Dist. of Columbia HFA Rev. (Capitol Hill Towers Proj.), Ser. 2011, (Fannie Mae Insured),
4.10%, due 12/1/26
|
1,748
|
ß
|
|||||||
|
3,035
|
Dist. of Columbia Rev. (Friendship Pub. Charter Sch.), Ser. 2012, 3.55%, due 6/1/22
|
3,040
|
ß
|
|||||||
|
1,000
|
Metro. Washington Dist. of Columbia Arpt. Au. Sys. Rev., Ser. 2008-A, 5.50%, due 10/1/18
|
1,222
|
||||||||
|
2,000
|
Metro. Washington Dist. of Columbia Arpt. Au. Sys. Rev., Ser. 2011-C, 5.00%, due 10/1/26
|
2,341
|
||||||||
|
8,351
|
||||||||||
|
Florida (3.4%)
|
||||||||||
|
1,000
|
Cityplace Comm. Dev. Dist. Spec. Assessment Rev. Ref., Ser. 2012, 5.00%, due 5/1/26
|
1,139
|
||||||||
|
1,710
|
Florida St. Muni. Loan Council Rev., Ser. 2012, (AGM Insured), 5.00%, due 5/1/20
|
2,026
|
Ø
|
|||||||
|
1,795
|
Florida St. Muni. Loan Council Rev., Ser. 2012, (AGM Insured), 5.00%, due 5/1/21
|
2,123
|
Ø | |||||||
|
1,000
|
Hillsborough Co. Ind. Dev. Au. IDR (Hlth. Facs.), Ser. 2008-B, 8.00%, due 8/15/32 Pre-Refunded 8/15/19
|
1,424
|
ß
|
|||||||
|
1,135
|
Lakeland Ed. Facs. Rev. Ref. (Florida So. College Proj.), Ser. 2012-A, 5.00%, due 9/1/27
|
1,254
|
ß
|
|||||||
|
2,000
|
Lee Co. Arpt. Ref. Rev., Ser. 2011-A, 5.63%, due 10/1/25
|
2,329
|
||||||||
|
10,295
|
||||||||||
|
Georgia (2.5%)
|
||||||||||
|
4,575
|
Henry Co. Wtr. & Swr. Au. Ref. Rev., Ser. 2002-A, (National Public Finance Guarantee Corp.
Insured), 5.13%, due 2/1/17 Pre-Refunded 2/1/13
|
4,721
|
||||||||
|
2,710
|
Newnan Hosp. Au. Rev. Anticipation Cert. (Newnan Hosp., Inc. Proj.), Ser. 2002,
(National Public Finance Guarantee Corp. Insured), 5.50%, due 1/1/18 Pre-Refunded 1/1/13
|
2,732
|
ß
|
|||||||
|
7,453
|
||||||||||
|
Guam (2.6%)
|
||||||||||
|
1,220
|
Guam Gov't Hotel Occupancy Tax Rev., Ser. 2011-A, 5.75%, due 11/1/20
|
1,404
|
||||||||
|
650
|
Guam Gov't Hotel Occupancy Tax Rev., Ser. 2011-A, 5.75%, due 11/1/21
|
746
|
||||||||
|
2,550
|
Guam Gov't Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2005, 6.00%, due 7/1/25
|
2,688
|
||||||||
|
2,630
|
Guam Gov't Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2010, 5.25%, due 7/1/25
|
2,848
|
||||||||
|
7,686
|
||||||||||
|
Hawaii (2.6%)
|
||||||||||
|
5,200
|
Hawaii St. Arpt. Sys. Ref. Rev., Ser. 2011, 4.13%, due 7/1/24
|
5,520
|
||||||||
|
2,000
|
Hawaii St. Dept. of Budget & Fin. Spec. Purp. Rev. (Hawaii Elec. Co., Inc. -Subsidiary), Ser. 2009,
6.50%, due 7/1/39
|
2,328
|
ß
|
|||||||
|
7,848
|
||||||||||
See Notes to Schedule of Investments
11
Schedule of Investments Intermediate Municipal Fund Inc. cont'd
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
Illinois (12.9%)
|
||||||||||
|
$
|
4,215
|
Bartlett Sr. Lien Tax Increment Ref. Rev. (Quarry Redev. Proj.), Ser. 2007, 5.35%, due 1/1/17
|
$
|
4,346
|
||||||
|
180
|
Chicago G.O. (Unrefunded Bal.), Ser. 2002-A, (AMBAC Insured), 5.38%, due 1/1/17
|
181
|
||||||||
|
1,970
|
Cook Co. Township High Sch. Dist. Number 225 Northfield Township, Ser. 2008, 5.00%, due 12/1/25
|
2,249
|
||||||||
|
5,130
|
Illinois Ed. Fac. Au. Rev. (Field Museum of Natural History), Ser. 2002,
4.30%, due 11/1/36 Putable 11/1/13
|
5,282
|
µß
|
|||||||
|
1,875
|
Illinois Fin. Au. Ref. Rev. (Roosevelt Univ. Proj.), Ser. 2009, 5.00%, due 4/1/16
|
2,055
|
ß
|
|||||||
|
4,000
|
Illinois Fin. Au. Ref. Rev. (Roosevelt Univ. Proj.), Ser. 2009, 5.75%, due 4/1/24
|
4,535
|
ß
|
|||||||
|
1,960
|
Illinois Fin. Au. Rev. (Navistar Int'l Rec. Zone Fac.), Ser. 2010, 6.50%, due 10/15/40
|
2,037
|
ß
|
|||||||
|
5,840
|
Illinois Fin. Au. Rev. (Provena Hlth.), Ser. 2010-A, 6.25%, due 5/1/22
|
7,087
|
ß
|
|||||||
|
3,000
|
Illinois Hlth. Fac. Au. Rev. (Loyola Univ. Hlth. Sys.) (Unrefunded Bal.), Ser. 1997-A,
|
3,278
|
ß
|
|||||||
|
(National Public Finance Guarantee Corp. Insured), 6.00%, due 7/1/14
|
||||||||||
|
1,670
|
Illinois Metro. Pier & Exposition Au. Dedicated St. Tax Ref. Rev., Ser. 1998-A, (FGIC Insured),
5.50%, due 6/15/17
|
2,023
|
||||||||
|
1,905
|
Illinois Sports Facs. Au. Cap. Appreciation Rev. (St. Tax Supported), Ser. 2001, (AMBAC
Insured), 0.00%, due 6/15/26
|
1,111
|
||||||||
|
2,110
|
Pingree Grove Village Rev. (Cambridge Lakes Learning Ctr. Proj.), Ser. 2011, 8.00%, due 6/1/26
|
2,288
|
ß
|
|||||||
|
1,850
|
Will Co. High Sch. Dist. Number 204 G.O. (Joliet Jr. College), Ser. 2011-A, 6.25%, due 1/1/31
|
2,186
|
||||||||
|
38,658
|
||||||||||
|
Indiana (6.9%)
|
||||||||||
|
4,000
|
Indiana Bond Bank Rev. (Spec. Prog. Clark Mem. Hosp.), Ser. 2009-D, 5.50%, due 8/1/29
|
4,492
|
ß
|
|||||||
|
965
|
Indiana Bond Bank Rev. (Unrefunded Bal. St. Revolving Fund Prog.), Ser. 2001-A,
5.38%, due 2/1/17 Pre-Refunded 2/1/13
|
987
|
||||||||
|
320
|
Indiana Bond Bank Rev. (Unrefunded Bal. St. Revolving Fund Prog.), Ser. 2002-B,
5.25%, due 2/1/18 Pre-Refunded 2/1/13
|
323
|
||||||||
|
500
|
Indiana Fin. Au. Midwestern Disaster Relief Rev. (Ohio Valley Elec. Corp. Proj.), Ser. 2012-A,
5.00%, due 6/1/32
|
538
|
ß
|
|||||||
|
4,000
|
Indiana Hlth. & Ed. Fac. Fin. Au. Hosp. Ref. Rev. (Clarian Hlth. Oblig. Group), Ser. 2006-B,
5.00%, due 2/15/21
|
4,430
|
ß
|
|||||||
|
1,000
|
Indiana Muni. Pwr. Agcy. Pwr. Supply Sys. Rev., Ser. 2003-B,
(National Public Finance Guarantee Corp. Insured), 5.25%, due 1/1/18
|
1,007
|
||||||||
|
300
|
Indiana St. Fin. Au. Rev. (Lease Appropriation), Ser. 2008-A-1, (LOC: JPMorganChase Bank
N.A.), 0.24%, due 2/1/39
|
300
|
µ
|
|||||||
|
3,055
|
Indiana Trans. Fin. Au. Hwy. Ref. Rev., Ser. 2004-B,
(National Public Finance Guarantee Corp. Insured), 5.75%, due 12/1/21
|
4,064
|
||||||||
|
2,580
|
Indianapolis Local Pub. Imp. Rev. (Indianapolis Arpt. Au. Proj.), Ser. 2003-A, (AGM Insured),
5.63%, due 1/1/17
|
2,598
|
||||||||
|
2,000
|
Jasper Hosp. Au. Hosp. Fac. Ref. Rev. (Mem. Hosp. & Hlth. Care Ctr. Proj.), Ser. 2002,
(Radian Insured), 5.50%, due 11/1/17
|
2,006
|
ß
|
|||||||
|
20,745
|
||||||||||
|
Iowa (4.1%)
|
||||||||||
|
1,000
|
Coralville Urban Renewal Rev., Tax Increment, Ser. 2007-C, 5.00%, due 6/1/15
|
1,072
|
||||||||
|
5,110
|
Iowa Fin. Au. Rev. (St. Revolving Fund Prog.), Ser. 2008, 5.50%, due 8/1/22
|
6,258
|
||||||||
|
3,445
|
Iowa Std. Loan Liquidity Corp. Rev., Ser. 2011-A1, 5.00%, due 12/1/21
|
3,848
|
||||||||
|
1,005
|
Kirkwood Comm. College Iowa New Jobs Training Cert. G.O. (Merged Area X), Ser. 2007-1B,
5.00%, due 6/1/17
|
1,083
|
||||||||
|
12,261
|
||||||||||
|
Kentucky (0.0%)
|
||||||||||
|
10
|
Shelby Co. Lease Rev., Ser. 2004-A, (LOC: U.S. Bank), 0.23%, due 9/1/34
|
10
|
µ
|
|||||||
|
Louisiana (0.6%)
|
||||||||||
|
1,500
|
Louisiana Local Gov't Env. Fac. & Comm. (Westlake Chemical Corp.), Ser. 2010-A2,
6.50%, due 11/1/35
|
1,753
|
ß
|
|||||||
See Notes to Schedule of Investments
12
Schedule of Investments Intermediate Municipal Fund Inc. cont'd
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
Maine (0.8%)
|
||||||||||
|
$
|
2,400
|
Maine St. Fin. Au. Solid Waste Disp. Rev. (Casella Waste Sys., Inc.), Ser. 2005,
6.25%, due 1/1/25 Putable 2/1/17
|
$
|
2,445
|
µß
|
|||||
|
Maryland (0.8%)
|
||||||||||
|
2,400
|
Prince Georges Co. Hsg. Au. Multi-Family Rev. (Bristol Pines Apts. Proj.), Ser. 2005,
(Fannie Mae Insured), 4.85%, due 12/15/38 Putable 12/15/23
|
2,541
|
µß
|
|||||||
|
Massachusetts (7.8%)
|
||||||||||
|
3,555
|
Massachusetts St. Ed. Fin. Au. Rev., Ser. 2011-J, 5.00%, due 7/1/23
|
3,867
|
||||||||
|
5,000
|
Massachusetts St. Ed. Fin. Au. Rev., Ser. 2012-J, 4.70%, due 7/1/26
|
5,198
|
||||||||
|
1,850
|
Massachusetts St. G.O., Ser. 2002-E, (National Public Finance Guarantee Corp. Insured),
5.38%, due 1/1/18 Pre-Refunded 1/1/13
|
1,865
|
||||||||
|
5,000
|
Massachusetts St. HFA Hsg. Rev., Ser. 2010-C, 4.90%, due 12/1/25
|
5,288
|
||||||||
|
1,375
|
Massachusetts St. HFA Hsg. Rev., Ser. 2010-C, 5.00%, due 12/1/30
|
1,442
|
||||||||
|
530
|
Massachusetts St. Hlth. & Ed. Fac. Au. Rev. (Milford-Whitinsville Reg. Hosp.), Ser. 1998-C,
5.75%, due 7/15/13
|
531
|
ß
|
|||||||
|
5,030
|
Massachusetts St. Wtr. Poll. Abatement Trust Rev. (MWRA Prog.), Ser. 2002-A, 5.25%, due 8/1/19
|
5,046
|
||||||||
|
140
|
Massachusetts St. Wtr. Poll. Abatement Trust Rev. (Unrefunded Bal. Rev. Pool Prog.), Ser. 2001-7,
5.25%, due 2/1/16
|
140
|
||||||||
|
23,377
|
||||||||||
|
Michigan (3.1%)
|
||||||||||
|
1,375
|
Macomb Co. New Haven Comm. Sch. Bldg. & Site G.O., Ser. 2002,
5.25%, due 5/1/17 Pre-Refunded 11/1/12
|
1,375
|
||||||||
|
2,000
|
Oakland Co. Econ. Dev. Corp. Ltd. Oblig. Rev. (Michigan Motion Picture Studios Proj. Rec.
Zone), Ser. 2010-A, 7.00%, due 8/1/40
|
2,000
|
ß
|
|||||||
|
2,000
|
Summit Academy North Pub. Sch. Academy Ref. Rev., Ser. 2005, 5.25%, due 11/1/20
|
2,014
|
||||||||
|
430
|
Summit Academy Pub. Sch. Academy Ref. Rev., Ser. 2005, 6.00%, due 11/1/15
|
440
|
ØØ
|
|||||||
|
3,600
|
Univ. of Michigan Rev., Ser. 2012-B, (LOC: Northern Trust Co.), 0.20%, due 4/1/42
|
3,600
|
µ
|
|||||||
|
9,429
|
||||||||||
|
Minnesota (3.3%)
|
||||||||||
|
2,000
|
Maple Grove Hlth. Care Sys. Rev. (Maple Grove Hosp. Corp.), Ser. 2007, 5.00%, due 5/1/17
|
2,246
|
ß
|
|||||||
|
2,250
|
Minneapolis & St. Paul Hsg. & Redev. Au. Hlth. Care Sys. (Children's Hlth. Care Facs.), Ser.
2010-A1, (AGM Insured), 4.50%, due 8/15/24
|
2,566
|
ß
|
|||||||
|
2,540
|
St. Paul Port Au. Lease Rev. (Office Bldg.), Ser. 2002, 5.00%, due 12/1/17
|
2,549
|
||||||||
|
2,500
|
Wayzata Sr. Hsg. Enhanced Deposit Rev. (Folkestone Sr. Living Comm.), Ser. 2012-B,
4.88%, due 5/1/19
|
2,517
|
ß
|
|||||||
|
9,878
|
||||||||||
|
Mississippi (1.7%)
|
||||||||||
|
4,000
|
Mississippi Bus. Fin. Corp. Gulf Opportunity Zone Rev., Ser. 2009-A, 4.70%, due 5/1/24
|
4,473
|
ß
|
|||||||
|
500
|
Mississippi Dev. Bank Spec. Oblig. (Wilkinson Co. Correctional), Ser. 2008-D, 5.00%, due 8/1/15
|
562
|
ß
|
|||||||
|
5,035
|
||||||||||
|
Missouri (4.7%)
|
||||||||||
|
3,495
|
Bi State Dev. Agcy. Metro. Dist. Rev. (Metrolink Cross Co. Proj.), Ser. 2002-B, (AGM Insured),
5.25%, due 10/1/16
|
3,645
|
||||||||
|
2,425
|
Branson Dev. Fin. Board Infrastructure Fac. Board Rev., Ser. 2003-A,
5.00%, due 12/1/17 Pre-Refunded 12/1/12
|
2,433
|
||||||||
|
1,250
|
Missouri St. Env. Imp. & Energy Res. Au. Wtr. PCR (Drinking Wtr.), Ser. 2002-B,
5.50%, due 7/1/16 Pre-Refunded 1/1/13
|
1,260
|
||||||||
See Notes to Schedule of Investments
13
Schedule of Investments Intermediate Municipal Fund Inc. cont'd
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
$
|
750
|
Missouri St. Env. Imp. & Energy Res. Au. Wtr. PCR (Unrefunded Bal. Drinking Wtr.), Ser. 2002-
B, 5.50%, due 7/1/16
|
$
|
756
|
||||||
|
2,275
|
Missouri St. Hlth. & Ed. Fac. Au. Rev. (Children's Mercy Hosp.), Ser. 2009, 5.13%, due 5/15/24
|
2,509
|
ß
|
|||||||
|
110
|
Missouri St. Hsg. Dev. Comm. Multi-Family Hsg. Rev., Ser. 2001-III, (FHA Insured),
5.05%, due 12/1/15
|
110
|
||||||||
|
165
|
Missouri St. Hsg. Dev. Comm. Multi-Family Hsg. Rev., Ser. 2001-II, (FHA Insured),
5.25%, due 12/1/16
|
165
|
k
|
|||||||
|
2,965
|
Missouri St. Univ. Auxiliary Enterprise Sys. Rev., Ser. 2007-A, (XLCA Insured), 5.00%, due 4/1/26
|
3,316
|
||||||||
|
14,194
|
||||||||||
|
Nevada (2.0%)
|
||||||||||
|
1,635
|
Las Vegas Redev. Agcy. Tax Increment Rev., Ser. 2009-A, 6.50%, due 6/15/17
|
1,811
|
||||||||
|
3,545
|
Las Vegas Redev. Agcy. Tax Increment Rev., Ser. 2009-A, 7.50%, due 6/15/23
|
4,077
|
||||||||
|
5,888
|
||||||||||
|
New Hampshire (0.9%)
|
||||||||||
|
2,600
|
New Hampshire Hlth. & Ed. Fac. Au. Rev. (Dartmouth-Hitchcock Clinic), Ser. 2009, 5.00%, due 8/1/19
|
2,785
|
ß
|
|||||||
| New Jersey (5.7%) | ||||||||||
|
2,500
|
New Jersey Econ. Dev. Au. Rev. (Continental Airlines, Inc., Proj.), Ser. 1999, 5.13%, due 9/15/23
|
2,560
|
ß
|
|||||||
|
6,900
|
New Jersey Ed. Fac. Au. Rev. (Stevens Institute of Technology), Ser. 2002-C,
5.25%, due 7/1/17 Pre-Refunded 7/1/13
|
7,124
|
ß
|
|||||||
|
7,000
|
New Jersey Higher Ed. Assist. Au. Rev. (Std. Loan Rev.), Ser. 2012-1A, 4.38%, due 12/1/26
|
7,286
|
||||||||
|
16,970
|
||||||||||
|
New York (8.6%)
|
||||||||||
|
500
|
JPMorganChase Putters/Drivers Trust Var. Sts. G.O. (Putters), Ser. 2012-4075,
|
500
|
ñµ
|
|||||||
|
(LOC: JPMorganChase Bank N.A.), 0.23%, due 8/1/13
|
||||||||||
|
320
|
Lyons Comm. Hlth. Initiatives Corp. Fac. Rev., Ser. 2004, 5.50%, due 9/1/14
|
330
|
||||||||
|
2,580
|
New York City IDA Civic Fac. Rev. (Lycee Francais de New York Proj.), Ser. 2002-A, (ACA
Insured), 5.50%, due 6/1/14
|
2,647
|
ß
|
|||||||
|
1,200
|
New York City Transitional Fin. Au. Rev. (Future Tax Secured), Ser. 2002-A4, (LOC: TD Bank
N.A.), 0.20%, due 11/1/29
|
1,200
|
µ
|
|||||||
|
60
|
New York G.O., Ser. 2002-C, 5.50%, due 8/1/15 Pre-Refunded 2/1/13
|
61
|
||||||||
|
3,190
|
New York G.O. (Unrefunded Bal.), Ser. 2002-C, 5.50%, due 8/1/15
|
3,230
|
||||||||
|
1,100
|
New York Liberty Dev. Corp. Rev. (Nat'l Sports Museum Proj.), Ser. 2006-A, 6.13%, due 2/15/19
|
0
|
#‡
|
|||||||
|
1,700
|
New York St. Dorm. Au. Personal Income Tax Rev., Ser. 2003-A,
5.38%, due 3/15/20 Pre-Refunded 3/15/13
|
1,732
|
||||||||
|
4,000
|
New York St. Dorm. Au. Rev. Non St. Supported Debt (Mount Sinai Sch. of Medicine), Ser. 2009,
5.25%, due 7/1/33
|
4,442
|
ß
|
|||||||
|
2,000
|
New York St. HFA Rev. (Affordable Hsg.), Ser. 2009-B, 4.85%, due 11/1/41
|
2,144
|
||||||||
|
2,000
|
New York St. Urban Dev. Corp. Rev., Ser. 2008-D, 5.25%, due 1/1/20
|
2,398
|
||||||||
|
710
|
Newburgh G.O., Ser. 2012-A, 5.00%, due 6/15/20
|
757
|
||||||||
|
495
|
Newburgh G.O. (Deficit Liquidation), Ser. 2012-B, 5.00%, due 6/15/20
|
528
|
||||||||
|
520
|
Newburgh G.O. (Deficit Liquidation), Ser. 2012-B, 5.00%, due 6/15/21
|
550
|
||||||||
|
550
|
Newburgh G.O. (Deficit Liquidation), Ser. 2012-B, 5.00%, due 6/15/22
|
578
|
||||||||
|
1,435
|
Niagara Area Dev. Corp. Rev. (Niagara Univ. Proj.), Ser. 2012-A, 5.00%, due 5/1/23
|
1,660
|
ß
|
|||||||
|
3,000
|
Tobacco Settlement Fin. Corp., Ser. 2003-B-1C, 5.50%, due 6/1/21
|
3,086
|
||||||||
|
25,843
|
||||||||||
|
North Carolina (2.4%)
|
||||||||||
|
5,250
|
North Carolina Muni. Pwr. Agcy. Number 1 Catawba Elec. Rev., Ser. 2009-A, 5.00%, due 1/1/26
|
5,998
|
||||||||
|
1,000
|
Oak Island Enterprise Sys. Rev., Ser. 2009, (Assured Guaranty Insured), 5.63%, due 6/1/24
|
1,168
|
||||||||
|
7,166
|
||||||||||
See Notes to Schedule of Investments
14
Schedule of Investments Intermediate Municipal Fund Inc. cont'd
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
Ohio (0.8%)
|
||||||||||
|
$
|
2,060
|
Cleveland Arpt. Sys. Rev. Ref., Ser. 2012-A, 5.00%, due 1/1/27
|
$
|
2,345
|
||||||
|
Oregon (0.2%)
|
||||||||||
|
500
|
Oregon St. Hsg. & Comm. Svcs. Dept. Multi-Family Rev., Ser. 2012-B, (FHA Insured),
3.50%, due 7/1/27
|
500
|
||||||||
|
Pennsylvania (4.4%)
|
||||||||||
|
565
|
Delaware River Joint Toll Bridge Comm. Sys. Rev., Ser. 2003, 5.25%, due 7/1/18 Pre-Refunded 7/1/13
|
584
|
||||||||
|
435
|
Delaware River Joint Toll Bridge Comm. Sys. Rev. (Unrefunded Bal.), Ser. 2003, 5.25%, due 7/1/18
|
449
|
||||||||
|
500
|
Indiana Co. Ind. Dev. Au. Rev. (Std. Cooperative Assoc., Inc.), Ser. 2012, 3.50%, due 5/1/25
|
506
|
ß
|
|||||||
|
350
|
Indiana Co. Ind. Dev. Au. Rev. (Std. Cooperative Assoc., Inc.), Ser. 2012, 3.60%, due 5/1/26
|
355
|
ß
|
|||||||
|
2,000
|
Lancaster Co. Hosp. Au. Rev. (Brethren Village Proj.), Ser. 2008-A, 6.10%, due 7/1/22
|
2,166
|
ß
|
|||||||
|
3,430
|
Norristown Area Sch. Dist. Cert. of Participation (Installment Purchase), Ser. 2012, 4.50%, due 4/1/27
|
3,561
|
||||||||
|
2,625
|
Pennsylvania Econ. Dev. Fin. Au. Exempt Facs. Rev. Ref. (Amtrak Proj.), Ser. 2012-A,
5.00%, due 11/1/24
|
3,009
|
ß
|
|||||||
|
1,000
|
Pennsylvania St. Turnpike Commission Turnpike Rev. (Cap. Appreciation), Subser. 2010-B2,
0.00%, due 12/1/34
|
981
|
b
|
|||||||
|
275
|
Philadelphia Au. For Ind. Dev. Rev. (Discovery Charter Sch. Proj.), Ser. 2012, 4.00%, due 4/1/17
|
283
|
ß
|
|||||||
|
895
|
Philadelphia Au. For Ind. Dev. Rev. (Discovery Charter Sch. Proj.), Ser. 2012, 5.00%, due 4/1/22
|
952
|
ß
|
|||||||
|
415
|
Philadelphia Au. For Ind. Dev. Rev. (Discovery Charter Sch. Proj.), Ser. 2012, 5.50%, due 4/1/27
|
448
|
ß
|
|||||||
|
13,294
|
||||||||||
|
Puerto Rico (5.1%)
|
||||||||||
|
6,000
|
Puerto Rico Commonwealth Aqueduct & Swr. Au. Sr. Lien Rev., Ser. 2012-A, 4.25%, due 7/1/25
|
5,811
|
||||||||
|
7,000
|
Puerto Rico Commonwealth G.O. Ref. (Pub. Imp.), Ser. 2012-A, 5.50%, due 7/1/26
|
7,430
|
||||||||
|
750
|
Puerto Rico Elec. Pwr. Au. Pwr. Rev., Ser. 2010-XX, 5.25%, due 7/1/35
|
766
|
||||||||
|
1,000
|
Puerto Rico Sales Tax Fin. Corp. Sales Tax Rev., Ser. 2011-C, 5.00%, due 8/1/21
|
1,221
|
||||||||
|
15,228
|
||||||||||
|
Rhode Island (1.4%)
|
||||||||||
|
4,000
|
Rhode Island St. Hsg. & Mtge. Fin. Corp. Rev. (Homeownership Opportunity), Ser. 2012-63-A,
3.50%, due 10/1/27
|
4,061
|
||||||||
|
South Carolina (0.7%)
|
||||||||||
|
2,140
|
Mt. Pleasant Town Waterworks & Swr. Sys. Ref. & Imp. Rev., Ser. 2002,
(National Public Finance Guarantee Corp. Insured), 5.25%, due 12/1/17
|
2,148
|
||||||||
|
Tennessee (2.9%)
|
||||||||||
|
1,655
|
Knox Co. Hlth. Ed. & Hsg. Fac. Board Hosp. Fac. Rev., Ser. 2002-A, (AGM Insured),
5.50%, due 1/1/18 Pre-Refunded 1/1/13
|
1,668
|
ß
|
|||||||
|
1,360
|
Knox Co. Hlth. Ed. & Hsg. Fac. Board Hosp. Fac. Rev. (Unrefunded Bal.), Ser. 2002-A, (FSA
Insured), 5.50%, due 1/1/18
|
1,367
|
||||||||
|
2,705
|
Memphis-Shelby Co. Arpt. Au. Arpt. Rev., Ser. 2010-B, 5.50%, due 7/1/19
|
3,233
|
||||||||
|
2,000
|
Tennessee St. Energy Acquisition Corp. Gas Rev., Ser. 2006-A, 5.25%, due 9/1/23
|
2,299
|
||||||||
|
8,567
|
||||||||||
|
Texas (10.5%)
|
||||||||||
|
4,145
|
Anson Ed. Fac. Corp. Std. Hsg. Rev. (Univ. of Texas at Dallas-Waterview Park Proj.), Ser. 2002,
(ACA Insured), 5.00%, due 1/1/23
|
4,154
|
ß
|
|||||||
|
3,600
|
Corpus Christi Tax & Muni. Hotel Occupancy Tax G.O., Ser. 2002, (AGM Insured), 5.50%, due 9/1/17
|
3,614
|
||||||||
|
1,935
|
Dallas-Fort Worth Int'l Arpt. Imp. Rev., Ser. 2004-B, (AGM Insured), 5.50%, due 11/1/18
|
2,076
|
||||||||
|
2,000
|
Fort Bend Co. Ind. Dev. Corp. Rev. (NRG Energy, Inc.), Ser. 2012-B, 4.75%, due 11/1/42
|
2,020
|
ß
|
|||||||
See Notes to Schedule of Investments
15
Schedule of Investments Intermediate Municipal Fund Inc. cont'd
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
$
|
500
|
Gulf Coast Ind. Dev. Au. Rev. (CITGO Petroleum Proj.), Ser. 1995, 4.88%, due 5/1/25
|
$
|
504
|
ß
|
|||||
|
735
|
Harris Co. Hlth. Facs. Dev. Au. (Texas Children's Hosp. Foundation), Ser. 2008-2,
(LOC: Wells Fargo Bank N.A.), 0.23%, due 10/1/41
|
735
|
µß
|
|||||||
|
2,300
|
Harris Co. Perm. Imp. Ref. G.O., Ser. 2008-B, 5.00%, due 10/1/19 Pre-Refunded 10/1/18
|
2,859
|
||||||||
|
2,900
|
Harris Co. Toll Road Sr. Lien Rev., Ser. 2008-B, 5.00%, due 8/15/33
|
3,325
|
||||||||
|
610
|
HFDC Ctr. Texas, Inc. Retirement Fac. Rev., Ser. 2006-A, 5.25%, due 11/1/15
|
633
|
ß
|
|||||||
|
650
|
Houston Higher Ed. Fin. Corp. Rev. (Cosmos Foundation), Ser. 2012-A, 4.00%, due 2/15/22
|
671
|
ß
|
|||||||
|
1,000
|
Houston Higher Ed. Fin. Corp. Rev. (Cosmos Foundation), Ser. 2012-A, 5.00%, due 2/15/32
|
1,081
|
ß
|
|||||||
|
1,000
|
Houston Pub. Imp. Ref. G.O., Ser. 2008-A, 5.00%, due 3/1/20
|
1,191
|
||||||||
|
3,000
|
North Texas Tollway Au. Dallas North Tollway Sys. Rev., Ser. 2005-C, 6.00%, due 1/1/23
|
3,614
|
||||||||
|
950
|
Northwest Texas Independent Sch. Dist. Sch. Bldg., Ser. 2002, (PSF Insured),
5.50%, due 8/15/17 Pre-Refunded 2/15/13
|
964
|
||||||||
|
50
|
Northwest Texas Independent Sch. Dist. Sch. Bldg. (Unrefunded Bal.), Ser. 2002, (PSF Insured),
5.50%, due 8/15/17
|
51
|
||||||||
|
500
|
San Leanna Ed. Fac. Corp. Higher Ed. Ref. Rev., (St. Edwards Univ. Proj.), Ser. 2007,
5.00%, due 6/1/19
|
557
|
ß
|
|||||||
|
1,000
|
Trinity River Au. Imp. & Ref. Rev. (Tarrant Co. Wtr. Proj.), Ser. 2003,
(National Public Finance Guarantee Corp. Insured), 5.50%, due 2/1/16 Pre-Refunded 2/1/13
|
1,013
|
||||||||
|
1,085
|
Tyler Hlth. Fac. Dev. Corp. Hosp. Rev. (Mother Frances Hosp. Reg. Hlth. Care Ctr. Proj.), Ser.
2003, 5.25%, due 7/1/13
|
1,116
|
ß
|
|||||||
|
1,175
|
West Harris Co. Reg. Wtr. Au. Sys. Wtr. Rev., Ser. 2009, 5.00%, due 12/15/35
|
1,346
|
||||||||
|
31,524
|
||||||||||
|
Utah (2.2%)
|
||||||||||
|
3,000
|
Salt Lake Co. Hosp. Rev. (IHC Hlth. Svc., Inc.), Ser. 2001, (AMBAC Insured), 5.40%, due 2/15/28
|
3,556
|
ß
|
|||||||
|
1,200
|
Uintah Co. Muni. Bldg. Au. Lease Rev., Ser. 2008, 5.25%, due 6/1/20
|
1,383
|
||||||||
|
460
|
Utah Hsg. Corp. Single Family Mtge. Rev., Ser. 2011-A2, Class I, 5.00%, due 7/1/20
|
489
|
||||||||
|
415
|
Utah Hsg. Corp. Single Family Mtge. Rev., Ser. 2011-A2, Class I, 5.25%, due 7/1/21
|
447
|
||||||||
|
600
|
Utah Hsg. Corp. Single Family Mtge. Rev., Ser. 2011-A2, Class I, 5.45%, due 7/1/22
|
646
|
||||||||
|
6,521
|
||||||||||
|
Vermont (0.6%)
|
||||||||||
|
1,600
|
Vermont Std. Assist. Corp. Ed. Loan Rev., Ser. 2012-A, 5.00%, due 6/15/21
|
1,729
|
||||||||
|
Virginia (2.0%)
|
||||||||||
|
5,000
|
JPMorganChase Putters/Drivers Trust Rev. Var. Sts. (Putters), Ser. 2012-4259,
(LOC: JPMorganChase Bank N.A.), 0.19%, due 8/1/13
|
5,000
|
ñµ
|
|||||||
|
1,000
|
Virginia Beach Dev. Au. Residential Care Fac. Mtge. Ref. Rev.
(Westminster-Canterbury of Hampton Roads, Inc.), Ser. 2005, 5.00%, due 11/1/22
|
1,038
|
ß
|
|||||||
|
6,038
|
||||||||||
|
Washington (3.5%)
|
||||||||||
|
1,000
|
Skagit Co. Pub. Hosp. Dist. Number 1 Ref. Rev., Ser. 2003, 6.00%, due 12/1/23
|
1,031
|
||||||||
|
1,600
|
Skagit Co. Pub. Hosp. Dist. Number 1 Ref. Rev., Ser. 2007, 5.63%, due 12/1/25
|
1,769
|
||||||||
|
1,625
|
Skagit Co. Pub. Hosp. Dist. Number 1 Ref. Rev., Ser. 2003, 6.00%, due 12/1/18
|
1,688
|
||||||||
|
2,525
|
Washington St. Higher Ed. Fac. Au. Ref. Rev. (Whitworth Univ. Proj.), Ser. 2009, 5.38%, due 10/1/29
|
2,799
|
ß
|
|||||||
|
3,125
|
Washington St. Hlth. Care Fac. Au. Rev. (Yakima Valley Mem. Hosp. Assoc.), Ser. 2002,
(ACA Insured), 5.00%, due 12/1/17 Pre-Refunded 12/1/12
|
3,136
|
ß
|
|||||||
|
10,423
|
||||||||||
|
West Virginia (0.4%)
|
||||||||||
|
1,000
|
West Virginia Sch. Bldg. Au. Excess Lottery Rev., Ser. 2008, 5.00%, due 7/1/19
|
1,198
|
||||||||
See Notes to Schedule of Investments
16
Schedule of Investments Intermediate Municipal Fund Inc. cont'd
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
||||||||
|
Wisconsin (4.2%)
|
||||||||||
|
$
|
1,100
|
Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Beloit College), Ser. 2010-A, 6.13%, due 6/1/35
|
$
|
1,249
|
ß
|
|||||
|
1,225
|
Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Beloit College), Ser. 2010-A, 6.13%, due 6/1/39
|
1,387
|
ß
|
|||||||
|
1,000
|
Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Franciscan Sisters Hlth. Care), Ser. 2007, 5.00%, due 9/1/14
|
1,071
|
ßØØ
|
|||||||
|
5,000
|
Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Marquette Univ.), Ser. 2008-B3, 5.00%, due 10/1/30
|
5,580
|
ß
|
|||||||
|
3,000
|
Wisconsin St. Hlth. & Ed. Fac. Au. Rev. (Meriter Hosp., Inc.), Ser. 2009, 5.63%, due 12/1/29
|
3,346
|
ß
|
|||||||
|
12,633
|
||||||||||
|
Wyoming (1.7%)
|
||||||||||
|
4,895
|
Wyoming Comm. Dev. Au. Hsg. Rev., Ser. 2006-6, 5.00%, due 12/1/21
|
5,032
|
||||||||
|
Other (0.8%)
|
||||||||||
|
3,000
|
Non-Profit Pfd. Fdg. Trust I, Ser. 2006-C, 4.72%, due 9/15/37
|
2,422
|
#
|
|||||||
|
Total Investments (159.4%) (Cost $441,965)
|
477,018
|
##
|
||||||||
|
Cash, receivables and other assets, less liabilities (0.6%)
|
1,601
|
|||||||||
|
Liquidation Value of Auction Market Preferred Shares [(60.0%)]
|
(179,400
|
)
|
||||||||
|
Total Net Assets Applicable to Common Shareholders (100.0%)
|
$
|
299,219
|
||||||||
See Notes to Schedule of Investments
17
Schedule of Investments New York Intermediate Municipal Fund Inc.
|
PRINCIPAL AMOUNT
(000's omitted)
|
SECURITY
|
VALUE†
(000's omitted)z
|
|||||||
|
Municipal Notes (160.3%)
|
|||||||||
|
Arizona (0.7%)
|
|||||||||
|
$
|
500
|
Verrado Comm. Fac. Dist. Number 1 G.O., Ser. 2003, 6.15%, due 7/15/17
|
$
|
501
|
|||||
|
California (4.7%)
|
|||||||||
|
3,115
|
Corona-Norca Unified Sch. Dist. G.O. Cap. Appreciation (Election 2006), Ser. 2009-C, (AGM
Insured), 0.00%, due 8/1/24
|
1,952
|
|||||||
|
1,470
|
Pico Rivera Pub. Fin. Au. Lease Rev., Ser. 2009, 4.75%, due 9/1/25
|
1,629
|
|||||||
|
3,581
|
|||||||||
|
Guam (3.8%)
|
|||||||||
|
500
|
Guam Gov't Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2005, 5.50%, due 7/1/16
|
531
|
|||||||
|
1,000
|
Guam Gov't Waterworks Au. Wtr. & Wastewater Sys. Rev., Ser. 2010, 5.25%, due 7/1/25
|
1,083
|
|||||||
|
1,135
|
Guam Gov't Hotel Occupancy Tax Rev., Ser. 2011-A, 5.50%, due 11/1/19
|
1,286
|
|||||||
|
2,900
|
|||||||||
|
Illinois (1.0%)
|
|||||||||
|
715
|
Bartlett Sr. Lien Tax Increment Ref. Rev. (Quarry Redev. Proj.), Ser. 2007, 5.35%, due 1/1/17
|
737
|
|||||||
|
Massachusetts (1.4%)
|
|||||||||