Key Characteristics as of 6/30/10
| Top Ten Holdings1 |
| |
Coupon |
Maturity Date |
|
| Puerto Rico Comwlth. Govt. Dev. Bk. |
5.000 |
12/1/2014 |
0.96% |
| North Tex. Twy. Auth. Dallas North Twy. Sys. Rev. Ser. C |
6.000 |
1/1/2025 |
0.91% |
| Wake Cnty. NC G.O. |
5.000 |
4/1/2018 |
0.87% |
| Michigan Mun. Bd. Auth. |
5.000 |
10/1/2019 |
0.84% |
| New Jersey St. Var. Purp. G.O. |
5.000 |
6/1/2021 |
0.84% |
| North Tex. Twy. Auth. Dallas North Twy. Sys. Rev. Ser. C |
6.000 |
1/1/2023 |
0.83% |
| California St. Var. Purp. G.O. |
6.500 |
4/1/2033 |
0.83% |
| New York St. Dorm. Auth. Lease Rev. |
5.000 |
8/15/2021 |
0.81% |
| Fort Bend Tex. Indpt. Sch. Dist. G.O. |
5.000 |
8/15/2027 |
0.81% |
| St. Mary Hosp. Auth. PA Health Sys. Rev. |
5.000 |
11/15/2018 |
0.81% |
| Total |
|
|
8.50% |
| View Full Quarterly Holdings
|  |
| Characteristics |
| Number of Holdings |
157 |
| Average Maturity (Years) |
17.44 |
| Average Duration (Years) |
6.31 |
| Beta5 |
0.99 |
| R-Squared5 |
0.95 |
| Top Ten State Allocations2 |
| Puerto Rico |
8.8% |
| California |
8.7% |
| Texas |
8.4% |
| Massachusetts |
6.7% |
| New York |
5.5% |
| New Jersey |
4.7% |
| Florida |
4.1% |
| Georgia |
3.6% |
| North Carolina |
3.4% |
| Illinois |
3.3% |
| Sector Allocations3 |
| Municipal Bonds |
95.6% |
| Short-Term/Other Assets and Liabilities |
4.4% |
| Sector Allocations4 |
| Revenue Bonds |
73.9% |
| Local General Obligation Bonds |
13.0% |
| State General Obligation Bonds |
8.6% |
| Short-term/Other Assets and Liabilities |
4.4% |
1 Portfolio holdings are subject to change and should not be considered a recommendation to buy or sell individual securities.
2 State Allocations are subject to change.
3 Asset Allocations are subject to change.
4 Sector Allocations are subject to change.
5 Risk characteristics are relative to the Barclays Capital Municipal Bond Index as of 6/30/10, and for the three-year period.
