<SEC-DOCUMENT>0000891804-16-001761.txt : 20160929
<SEC-HEADER>0000891804-16-001761.hdr.sgml : 20160929
<ACCEPTANCE-DATETIME>20160929130233
ACCESSION NUMBER:		0000891804-16-001761
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160731
FILED AS OF DATE:		20160929
DATE AS OF CHANGE:		20160929
EFFECTIVENESS DATE:		20160929

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NUVEEN MUNICIPAL VALUE FUND INC
		CENTRAL INDEX KEY:			0000812801
		IRS NUMBER:				363513525
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05120
		FILM NUMBER:		161909012

	BUSINESS ADDRESS:	
		STREET 1:		333 W WACKER DR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		3129178200

	MAIL ADDRESS:	
		STREET 1:		333 W. WACKER DR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NUVEEN MUNICIPAL QUALITY FUND INC
		DATE OF NAME CHANGE:	19870504
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
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<DESCRIPTION>NUV
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">UNITED STATES</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SECURITIES AND EXCHANGE COMMISSION</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Washington, DC 20549</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">FORM N-Q</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Investment Company Act file number <font style="TEXT-DECORATION: underline; DISPLAY: inline">811-05120</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(Exact name of registrant as specified in charter)</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Nuveen Investments</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; TEXT-DECORATION: underline; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;333 West Wacker Drive, Chicago, Illinois 60606 &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Registrant's telephone number, including area code: <font style="TEXT-DECORATION: underline; DISPLAY: inline">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;312-917-7700&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Date of reporting period:&#160;<font style="TEXT-DECORATION: underline; DISPLAY: inline">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;7/31/16&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (&#167;&#167; 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.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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. &#167; 3507.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Nuveen Municipal Value Fund, Inc. (NUV)</font>&#160;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">LONG-TERM INVESTMENTS &#8211; 99.6%</font>&#160;</div>
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<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$ 2,710&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$ 2,674,824&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2006A, 5.000%, 6/01/32&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Arizona &#8211; 0.8%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Phoenix Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Senior Lien Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,691,900&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2008A, 5.000%, 7/01/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,575&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Quechan Indian Tribe of the Fort Yuma Reservation, Arizona, Government Project Bonds, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/17 at 102.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,547,937&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2008, 7.000%, 12/01/27&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,600&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,210,728&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Prepay Contract Obligations, Series 2007, 5.000%, 12/01/37&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,240&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Scottsdale Industrial Development Authority, Arizona, Hospital Revenue Bonds, Scottsdale&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,767,117&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Healthcare, Series 2006C. Re-offering, 5.000%, 9/01/35 &#8211; AGC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,915&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Arizona&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">17,217,682&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Arkansas &#8211; 0.3%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,150&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Benton Washington Regional Public Water Authority, Arkansas, Water Revenue Bonds, Refunding &amp;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,206,350&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Improvement Series 2007, 4.750%, 10/01/33 (Pre-refunded 10/01/17) &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,650&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Fayetteville, Arkansas, Sales and Use Tax Revenue Bonds, Series 2006A, 4.750%, 11/01/18 &#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,710,850&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,800&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Arkansas&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,917,200&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">California &#8211; 12.1%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,615&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Anaheim Public Financing Authority, California, Lease Revenue Bonds, Public Improvement&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,021,373&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Project, Series 1997C, 0.000%, 9/01/23 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,987,650&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2013S-4, 5.000%, 4/01/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,800&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Gold&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 38.45&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">CCC&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,827,552&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Country Settlement Funding Corporation, Refunding Series 2006, 0.000%, 6/01/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Angeles County Securitization Corporation, Series 2006A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,275&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.450%, 6/01/28&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,332,214&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,200&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.600%, 6/01/36&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,273,206&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">13,625&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,787,362&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2016B, 5.000%, 11/15/46 (WI/DD, Settling 8/17/16)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,850&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California Health Facilities Financing Authority, Revenue Bonds, Saint Joseph Health System,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,628,932&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2013A, 5.000%, 7/01/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,335&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California Municipal Finance Authority, Revenue Bonds, Eisenhower Medical Center, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,611,697&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2010A, 5.750%, 7/01/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,130&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California Pollution Control Financing Authority, Revenue Bonds, Pacific Gas and Electric&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,199,587&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Company, Series 2004C, 4.750%, 12/01/23 &#8211; FGIC Insured (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,625&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California State Public Works Board, Lease Revenue Bonds, Various Capital Projects, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,959,977&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2013I, 5.000%, 11/01/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,400&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California State, General Obligation Bonds, Refunding Series 2007, 4.500%, 8/01/30&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,481,312&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California State, General Obligation Bonds, Various Purpose Series 2007:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,730&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 6/01/37 (Pre-refunded 6/01/17)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aaa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,104,021&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,270&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 6/01/37 (Pre-refunded 6/01/17)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aaa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,511,019&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California State, General Obligation Bonds, Various Purpose Series 2011, 5.000%, 10/01/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,950,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">275&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California Statewide Community Development Authority, Certificates of Participation, Internext&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">276,160&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Group, Series 1999, 5.375%, 4/01/17&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,125&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California Statewide Community Development Authority, Revenue Bonds, Methodist Hospital&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,694,187&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Project, Series 2009, 6.750%, 2/01/38 (Pre-refunded 8/01/19)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,600&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">California Statewide Community Development Authority, Revenue Bonds, St. Joseph Health System,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,953,448&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2007A, 5.750%, 7/01/47 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,120&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Chino Valley Unified School District, San Bernardino County, California, General Obligation&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/16 at 51.12&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,137,785&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Series 2006D, 0.000%, 8/01/30&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Coast Community College District, Orange County, California, General Obligation Bonds, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa1 (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,447,750&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2006C, 5.000%, 8/01/32 (Pre-refunded 8/01/18) &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,505&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Covina-Valley Unified School District, Los Angeles County, California, General Obligation&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,062,229&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Series 2003B, 0.000%, 6/01/28 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,045&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Desert Community College District, Riverside County, California, General Obligation Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/17 at 42.63&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,764,893&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Election 2004 Series 2007C, 0.000%, 8/01/33 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,180&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/31 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,942,860&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2013A, 6.850%, 1/15/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">30,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aaa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">27,972,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">1995A, 0.000%, 1/01/22 (ETM)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Bonds, Series 2007A-1:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">23,995&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">4.500%, 6/01/27&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">24,424,750&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,475&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 6/01/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,588,339&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.125%, 6/01/47&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,500,375&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Merced Union High School District, Merced County, California, General Obligation Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Series 1999A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 8/01/23 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,157,775&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,555&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 8/01/24 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,124,201&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,365&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Montebello Unified School District, Los Angeles County, California, General Obligation Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,782,500&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Election 1998 Series 2004, 0.000%, 8/01/27 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Mount San Antonio Community College District, Los Angeles County, California, General&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Obligation Bonds, Election of 2008, Series 2013A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,060&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 8/01/28 (5)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/28 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,992,772&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,315&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 8/01/43 (5)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/35 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,037,061&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,550&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,293,831&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2009C, 6.500%, 11/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Napa Valley Community College District, Napa and Sonoma Counties, California, General&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Obligation Bonds, Election 2002 Series 2007C:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,200&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 8/01/29 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/17 at 54.45&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,883,752&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,575&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 8/01/31 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/17 at 49.07&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,619,547&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,350&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Palomar Pomerado Health Care District, California, Certificates of Participation, Series 2009,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Ba1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,632,493&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.750%, 11/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,150&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Placer Union High School District, Placer County, California, General Obligation Bonds, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,142,780&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2004C, 0.000%, 8/01/33 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Rancho Mirage Joint Powers Financing Authority, California, Revenue Bonds, Eisenhower Medical&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,123,880&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Center, Refunding Series 2007A, 5.000%, 7/01/47&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,505&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Riverside Public Financing Authority, California, Tax Allocation Bonds, University Corridor,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,045,194&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2007C, 5.000%, 8/01/37 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">San Bruno Park School District, San Mateo County, California, General Obligation Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Series 2000B:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,575&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 8/01/24 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,204,483&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,660&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 8/01/25 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,211,710&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">San Francisco Redevelopment Financing Authority, California, Tax Allocation Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+ (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">318,645&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Mission Bay South Redevelopment Project, Series 2011D, 7.000%, 8/01/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Pre-refunded 2/01/21)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,095&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,615,404&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Refunding Series 1997A, 0.000%, 1/15/25 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">San Jose, California, Airport Revenue Bonds, Series 2007A, 6.000%, 3/01/47 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,149,350&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">13,220&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">San Mateo County Community College District, California, General Obligation Bonds, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AAA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,516,246&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2006A, 0.000%, 9/01/28 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">San Mateo Union High School District, San Mateo County, California, General Obligation Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aaa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,317,800&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Election of 2000, Series 2002B, 0.000%, 9/01/24 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,815&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">San Ysidro School District, San Diego County, California, General Obligation Bonds, Refunding&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,312,562&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2015, 0.000%, 8/01/48&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Tobacco Securitization Authority of Northern California, Tobacco Settlement Asset-Backed&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,006,760&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Refunding Series 2005A-2, 5.400%, 6/01/27&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">University of California, General Revenue Bonds, Series 2009O:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">370&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 5/15/39 (Pre-refunded 5/15/19)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">417,908&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">720&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 5/15/39 (Pre-refunded 5/15/19)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">812,369&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">210&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 5/15/39 (Pre-refunded 5/15/19)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">236,941&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">298,715&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total California&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">265,396,642&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Colorado &#8211; 5.3%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Arkansas River Power Authority, Colorado, Power Revenue Bonds, Series 2006, 5.250%, 10/01/40 &#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,025,300&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,200&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Colorado Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,217,108&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2006A, 4.500%, 9/01/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,105&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Colorado Health Facilities Authority, Colorado, Revenue Bonds, Catholic Health Initiatives,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,168,832&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2013A, 5.250%, 1/01/45&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,700&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Colorado Health Facilities Authority, Colorado, Revenue Bonds, Poudre Valley Health System,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/18 at 102.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,853,918&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2005C, 5.250%, 3/01/40 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,845&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Colorado Health Facilities Authority, Colorado, Revenue Bonds, Sisters of Charity of&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,249,644&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Leavenworth Health Services Corporation, Refunding Composite Deal Series 2010B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 1/01/21&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,925&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Colorado Health Facilities Authority, Colorado, Revenue Bonds, Sisters of Charity of&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">17,749,209&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Leavenworth Health Services Corporation, Series 2010A, 5.000%, 1/01/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Colorado Health Facilities Authority, Revenue Bonds, Longmont United Hospital, Series 2006B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">761,527&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 12/01/23 (Pre-refunded 12/01/16) &#8211; RAAI Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Colorado State Board of Governors, Colorado State University Auxiliary Enterprise System&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,337,640&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenue Bonds, Series 2012A, 5.000%, 3/01/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Denver City and County, Colorado, Airport System Revenue Bonds, Series 2012B:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 11/15/25&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,360,692&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,200&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 11/15/29&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,642,684&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,160&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2013B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,060,214&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 11/15/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000B:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,660&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 9/01/29 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,711,575&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">24,200&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 9/01/31 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,730,968&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">17,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 9/01/32 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,688,750&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,600&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Refunding Series 2006B, 0.000%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/26 at 52.09&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,810,556&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">9/01/39 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">E-470 Public Highway Authority, Colorado, Toll Revenue Bonds, Series 2004B:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,700&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 9/01/27 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/20 at 67.94&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,623,542&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,075&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 3/01/36 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/20 at 41.72&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,651,079&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Ebert Metropolitan District, Colorado, Limited Tax General Obligation Bonds, Series 2007,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,323,600&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.350%, 12/01/37 (Pre-refunded 12/01/17) &#8211; RAAI Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Rangely Hospital District, Rio Blanco County, Colorado, General Obligation Bonds, Refunding&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,951,100&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2011, 6.000%, 11/01/26&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Regional Transportation District, Colorado, Denver Transit Partners Eagle P3 Project Private&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,351,875&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Activity Bonds, Series 2010, 6.000%, 1/15/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">140,620&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Colorado&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">116,269,813&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Connecticut &#8211; 0.1%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Connecticut Health and Educational Facilities Authority, Revenue Bonds, Hartford HealthCare,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,683,345&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2011A, 5.000%, 7/01/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,608&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Mashantucket Western Pequot Tribe, Connecticut, Special Revenue Bonds, Subordinate Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">344,061&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2013A, 6.050%, 7/01/31 (6)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,108&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Connecticut&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,027,406&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">District of Columbia &#8211; 0.6%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 16.11&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,021,400&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2006A, 0.000%, 6/15/46&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Washington Convention Center Authority, District of Columbia, Dedicated Tax Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,057,200&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Senior Lien Refunding Series 2007A, 4.500%, 10/01/30 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">25,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total District of Columbia&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,078,600&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Florida &#8211; 6.4%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Cape Coral, Florida, Water and Sewer Revenue Bonds, Refunding Series 2011, 5.000%, 10/01/41 &#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,514,080&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">565&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Renaissance&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">601,318&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Charter School Income Projects, Series 2015A, 6.000%, 6/15/35&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,845&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Greater Orlando Aviation Authority, Florida, Airport Facilities Revenue Bonds, Refunding&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,194,907&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2009C, 5.000%, 10/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,290&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Hillsborough County Aviation Authority, Florida, Revenue Bonds, Tampa International Airport,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,718,161&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Subordinate Lien Series 2015B, 5.000%, 10/01/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,650&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Hillsborough County Industrial Development Authority, Florida, Hospital Revenue Bonds, Tampa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,667,384&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">General Hospital, Series 2006, 5.250%, 10/01/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Marion County Hospital District, Florida, Revenue Bonds, Munroe Regional Medical Center,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+ (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,262,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding and Improvement Series 2007, 5.000%, 10/01/34 (Pre-refunded 10/01/17)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,090&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Miami-Dade County Expressway Authority, Florida, Toll System Revenue Bonds, Series 2010A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,802,600&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 7/01/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Miami-Dade County Health Facility Authority, Florida, Hospital Revenue Bonds, Miami Children&#8217;s&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,288,945&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Hospital, Series 2010A, 6.000%, 8/01/46&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Refunding&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,411,740&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2014B, 5.000%, 10/01/37&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2009B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,851,520&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.500%, 10/01/36&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Miami-Dade County, Florida, Aviation Revenue Bonds, Miami International Airport, Series 2010B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,622,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 10/01/29&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Miami-Dade County, Florida, Transit System Sales Surtax Revenue Bonds, Refunding Series 2012,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,703,680&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 7/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,590&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 2010, 5.000%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,995,702&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">10/01/39 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,520&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Orlando Health,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,983,018&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Inc., Series 2016B, 4.000%, 10/01/45&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,900&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Orange County, Florida, Tourist Development Tax Revenue Bonds, Series 2006, 5.000%, 10/01/31&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,922,852&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Pre-refunded 10/01/16) &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,725&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Orlando, Florida, Contract Tourist Development Tax Payments Revenue Bonds, Series 2014A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,728,966&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 11/01/44&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Palm Beach County Health Facilities Authority, Florida, Revenue Bonds, Jupiter Medical Center,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,621,020&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2013A, 5.000%, 11/01/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,440&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Port Saint Lucie. Florida, Special Assessment Revenue Bonds, Southwest Annexation District 1B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,800,419&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2007, 5.000%, 7/01/40 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,175&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Saint John&#8217;s County, Florida, Sales Tax Revenue Bonds, Series 2006, 5.000%, 10/01/36&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+ (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,239,092&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Pre-refunded 10/01/16) &#8211; BHAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Seminole Tribe of Florida, Special Obligation Bonds, Series 2007A, 144A, 5.250%, 10/01/27&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,602,500&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,865&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">South Broward Hospital District, Florida, Hospital Revenue Bonds, Refunding Series 2015,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,560,219&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">4.000%, 5/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,035&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">South Miami Health Facilities Authority, Florida, Hospital Revenue, Baptist Health System&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,173,335&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Obligation Group, Refunding Series 2007, 5.000%, 8/15/19&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,730&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">South Miami Health Facilities Authority, Florida, Hospital Revenue, Baptist Health System&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,252,768&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Obligation Group, Refunding Series 2007, 5.000%, 8/15/42 (UB) (7)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,300&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Tampa, Florida, Health System Revenue Bonds, Baycare Health System, Series 2012A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,866,115&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 11/15/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">126,970&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Florida&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">140,384,341&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Georgia &#8211; 0.1%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Atlanta, Georgia, Water and Wastewater Revenue Bonds, Refunding Series 2015, 5.000%, 11/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,072,500&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Guam &#8211; 0.0%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">330&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Guam International Airport Authority, Revenue Bonds, Series 2013C, 6.375%, 10/01/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">403,999&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Hawaii &#8211; 0.2%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,625&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Honolulu City and County, Hawaii, General Obligation Bonds, Series 2009A, 5.250%, 4/01/32&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa1 (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,068,591&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Pre-refunded 4/01/19)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Illinois &#8211; 14.3%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,301,600&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2016A, 7.000%, 12/01/44&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">17,725&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">13,186,691&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenues, Series 1998B-1, 0.000%, 12/01/24 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,495&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Chicago Board of Education, Illinois, Unlimited Tax General Obligation Bonds, Dedicated Tax&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,869,219&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenues, Series 1999A, 0.000%, 12/01/31 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Chicago Park District, Illinois, General Obligation Bonds, Limited Tax Series 2011A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,633,395&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 1/01/36&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Chicago, Illinois, General Obligation Bonds, Project &amp; Refunding Series 2006A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">4.750%, 1/01/30 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,758,882&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">4.625%, 1/01/31 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,015,600&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">595&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Chicago, Illinois, General Obligation Bonds, Project and Refunding Series 2006A, 5.000%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">598,826&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">1/01/17 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">230&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Chicago, Illinois, General Obligation Bonds, Refunding Series 2005A, 5.000%, 1/01/17 &#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">230,849&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">285&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Chicago, Illinois, General Obligation Bonds, Series 2002A, 5.625%, 1/01/39 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">285,883&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Chicago, Illinois, General Obligation Bonds, Series 2004A, 5.000%, 1/01/34 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,776,582&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,320&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Cook and DuPage Counties Combined School District 113A Lemont, Illinois, General Obligation&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,116,683&#160;</div>
</td>
</tr>

<tr style="HEIGHT: 17px">
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Series 2002, 0.000%, 12/01/20 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,020&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Cook County High School District 209, Proviso Township, Illinois, General Obligation Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,063,699&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2004, 5.000%, 12/01/19 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,875&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Cook County, Illinois, General Obligation Bonds, Refunding Series 2010A, 5.250%, 11/15/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,790,279&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,260&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Cook County, Illinois, Recovery Zone Facility Revenue Bonds, Navistar International&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Caa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,278,028&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Corporation Project, Series 2010, 6.500%, 10/15/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Cook County, Illinois, Sales Tax Revenue Bonds, Series 2012, 5.000%, 11/15/37&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AAA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,767,750&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">13,070&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Development Finance Authority, Local Government Program Revenue Bonds, Kane, Cook and&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,513,349&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">DuPage Counties School District U46 &#8211; Elgin, Series 2002, 0.000%, 1/01/19 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,960&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Development Finance Authority, Local Government Program Revenue Bonds, Kane, Cook and&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa3 (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,661,099&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">DuPage Counties School District U46 &#8211; Elgin, Series 2002, 0.000%, 1/01/19 &#8211; AGM Insured (ETM)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,800&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Development Finance Authority, Local Government Program Revenue Bonds, Winnebago and&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,723,878&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Boone Counties School District 205 &#8211; Rockford, Series 2000, 0.000%, 2/01/19 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,875&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, Central DuPage Health, Series 2009B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,145,862&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.500%, 11/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, Central DuPage Health, Series 2009, 5.250%, 11/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,355,050&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,845&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, OSF Healthcare System, Refunding Series 2010A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,638,320&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.000%, 5/15/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,800&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, Provena Health, Series 2009A, 7.750%, 8/15/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,765,088&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, Resurrection Health Care System, Series 1999B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,111,460&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 5/15/19 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, Rush University Medical Center Obligated Group,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,944,250&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2015A, 5.000%, 11/15/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,260&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, Sherman Health Systems, Series 2007A, 5.500%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,468,229&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">8/01/37 (Pre-refunded 8/01/17)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,475&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,762,563&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2008A, 5.500%, 8/15/30&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Refunding Series 2015C:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">560&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 8/15/35&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">653,201&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">825&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 8/15/44&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">954,492&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, The University of Chicago Medical Center, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,870,075&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2011C, 5.500%, 8/15/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, University of Chicago, Series 2012A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,400,200&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 10/01/51&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,245&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Finance Authority, Revenue Bonds, University of Chicago, Tender Option Bond Trust&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+ (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,678,237&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2015-XF0248, 8.954%, 7/01/46 (Pre-refunded 7/01/17) (IF) (7)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,205&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Health Facilities Authority, Revenue Bonds, South Suburban Hospital, Series 1992,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,278,662&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">7.000%, 2/15/18 (ETM)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Sports Facility Authority, State Tax Supported Bonds, Series 2001, 5.500%, 6/15/30 &#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,764,662&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">655&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois State, General Obligation Bonds, Refunding Series 2012, 5.000%, 8/01/25&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">723,854&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,590&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2013A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,486,245&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 1/01/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Lombard Public Facilities Corporation, Illinois, First Tier Conference Center and Hotel&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">D&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,253,100&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenue Bonds, Series 2005A-2, 5.500%, 1/01/36 &#8211; ACA Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,800&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,660,688&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Project, Refunding Series 1996A, 0.000%, 12/15/21 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Project, Refunding Series 2002B:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,070&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.500%, 6/15/20 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 101.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,225,342&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,950&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.550%, 6/15/21 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 101.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,150,699&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Project, Refunding Series 2002B:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">705&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.500%, 6/15/20 (Pre-refunded 6/15/17) &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 101.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">742,689&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,765&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.550%, 6/15/21 (Pre-refunded 6/15/17) &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 101.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,860,133&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Project, Series 1993A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,415&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/15/17 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,311,529&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,270&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.010%, 6/15/18 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,996,720&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,905&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,886,844&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Project, Series 1993A, 0.000%, 6/15/17 &#8211; NPFG Insured (ETM)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Project, Series 1994B:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/15/18 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,036,270&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,635&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/15/21 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,223,154&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,190&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/15/28 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,476,470&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,670&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/15/29 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,471,251&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Project, Series 2002A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/15/24 &#8211; NPFG Insured (5)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/22 at 101.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,309,100&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,950&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 12/15/32 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,717,599&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">21,375&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/15/34 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,819,384&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">21,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 12/15/35 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,925,650&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">21,970&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/15/36 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,105,980&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,375&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 12/15/36 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,680,059&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">25,825&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/15/39 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,494,763&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,095&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Regional Transportation Authority, Cook, DuPage, Kane, Lake, McHenry and Will Counties,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,014,993&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Illinois, General Obligation Bonds, Series 2002A, 6.000%, 7/01/32 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,160&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Round Lake, Lake County, Illinois, Special Tax Bonds, Lakewood Grove Special Service Area 4,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,185,532&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2007, 4.700%, 3/01/33 &#8211; AGC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,020&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Southwestern Illinois Development Authority, Local Government Revenue Bonds, Edwardsville&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,176,690&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Community Unit School District 7 Project, Series 2007, 0.000%, 12/01/23 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,100&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Springfield, Illinois, Electric Revenue Bonds, Senior Lien Series 2007, 5.000%, 3/01/22&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,181,065&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Pre-refunded 3/01/17) &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">615&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">University of Illinois, Health Services Facilities System Revenue Bonds, Series 2013,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">750,761&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.000%, 10/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,575&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Will County Community School District 161, Summit Hill, Illinois, Capital Appreciation School&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,526,632&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Series 1999, 0.000%, 1/01/18 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">720&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Will County Community School District 161, Summit Hill, Illinois, Capital Appreciation School&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A3 (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">712,325&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Series 1999, 0.000%, 1/01/18 &#8211; FGIC Insured (ETM)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Will County Community Unit School District 201U, Crete-Monee, Illinois, General Obligation&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Bonds, Capital Appreciation Series 2004:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,560&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 11/01/16 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,552,560&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,550&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 11/01/22 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,205,979&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Will County Community Unit School District 201U, Crete-Monee, Illinois, General Obligation&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Bonds, Capital Appreciation Series 2004:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">120&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 11/01/16 &#8211; NPFG Insured (ETM)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">119,848&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">780&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 11/01/22 &#8211; NPFG Insured (ETM)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">714,581&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">376,635&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Illinois&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">313,061,132&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Indiana &#8211; 2.8%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">300&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Anderson, Indiana, Economic Development Revenue Bonds, Anderson University, Series 2007,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">301,062&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 10/01/24&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,010&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Indiana Finance Authority, Hospital Revenue Bonds, Community Health Network Project, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,745,318&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2012A, 5.000%, 5/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Indiana Finance Authority, Hospital Revenue Bonds, Indiana University Health Obligation Group,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,450,857&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding 2015A, 4.000%, 12/01/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,740&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Indiana Finance Authority, Private Activity Bonds, Ohio River Bridges East End Crossing&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,433,622&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Project, Series 2013A, 5.000%, 7/01/48 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,400&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Indiana Finance Authority, Tax-Exempt Private Activity Revenue Bonds, I-69 Section 5 Project,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,990,848&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2014, 5.000%, 9/01/46 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Indiana Health and Educational Facilities Financing Authority, Revenue Bonds, Sisters of Saint&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa3 (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,434,410&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Francis Health Services Inc, Series 2006E, 5.250%, 5/15/41 (Pre-refunded 5/01/18) &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">970&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Indiana Health Facility Financing Authority, Revenue Bonds, Community Foundation of Northwest&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">993,231&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Indiana, Series 2007, 5.500%, 3/01/37&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,030&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Indiana Health Facility Financing Authority, Revenue Bonds, Community Foundation of Northwest&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,059,530&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Indiana, Series 2007, 5.500%, 3/01/37 (Pre-refunded 3/01/17)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,235&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Indiana Municipal Power Agency, Power Supply Revenue Bonds, Series 2007A, 5.000%, 1/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,389,489&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Pre-refunded 1/01/17) &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Indianapolis Local Public Improvement Bond Bank, Indiana, Series 1999E:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,550&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 2/01/21 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,742,282&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,400&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 2/01/25 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,008,008&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,595&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 2/01/27 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,526,693&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">850&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Whiting Redevelopment District, Indiana, Tax Increment Revenue Bonds, Lakefront Development&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">944,435&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Project, Series 2010, 6.750%, 1/15/32&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">62,580&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Indiana&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">61,019,785&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Iowa &#8211; 1.2%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,091,745&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Project, Series 2013, 5.500%, 12/01/22&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">175&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.375%, 6/01/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">175,012&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.625%, 6/01/46&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,018,410&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,965&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Iowa Tobacco Settlement Authority, Tobacco Asset-Backed Revenue Bonds, Series 2005B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,006,607&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.600%, 6/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">26,640&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Iowa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">27,291,774&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Kansas &#8211; 0.0%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">45&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Capital&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">34,382&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Appreciation Revenue Bonds Redevelopment Project Area B &#8211; Major Multi-Sport Athletic Complex&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Project, Subordinate Lien Series 2010B, 0.000%, 6/01/21&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Kentucky &#8211; 0.6%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">685&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Greater Kentucky Housing Assistance Corporation, FHA-Insured Section 8 Mortgage Revenue&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">687,124&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Bonds, Series 1997A, 6.100%, 1/01/24 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Kenton County Airport Board, Kentucky, Airport Revenue Bonds, Cincinnati/Northern Kentucky&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">International Airport, Series 2016:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,530&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 1/01/27&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,904,529&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,600&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 1/01/28&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,971,680&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Kentucky Economic Development Finance Authority, Louisville Arena Project Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,882,072&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Louisville Arena Authority, Inc., Series 2008-A1, 6.000%, 12/01/38 &#8211; AGC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,170&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Kentucky Municipal Power Agency, Power System Revenue Bonds, Prairie State Project Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,226,464&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2007A, 5.000%, 9/01/37 (Pre-refunded 9/01/17) &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Kentucky Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/31 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,340,240&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Downtown Crossing Project, Convertible Capital Appreciation Series 2013C, 0.000%, 7/01/39 (5)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,735&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Kentucky&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">13,012,109&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Louisiana &#8211; 2.0%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Louisiana Local Government Environmental Facilities &amp; Community Development Authority, Revenue&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,849,480&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Westlake Chemical Corporation Project, Series 2007, 6.750%, 11/01/32&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,310&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Louisiana Local Government Environmental Facilities and Community Development Authority,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,755,899&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenue Bonds, Westlake Chemical Corporation Projects, Series 2009A, 6.500%, 8/01/29&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,450&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Louisiana Local Government Environmental Facilities and Community Development Authority,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,571,664&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenue Bonds, Westlake Chemical Corporation Projects, Series 2010A-1, 6.500%, 11/01/35&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,075&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Louisiana Public Facilities Authority, Revenue Bonds, Nineteenth Judicial District Court&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,288,657&#160;</div>
</td>
</tr>

<tr style="HEIGHT: 16px">
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Building Project, Series 2007, 5.500%, 6/01/41 (Pre-refunded 6/01/17) &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Series 2007A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,640&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 5/15/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,720,071&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,415&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.375%, 5/15/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,459,771&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Series 2007A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,005&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 5/15/38 (Pre-refunded 5/15/17)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,043,079&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">525&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.375%, 5/15/43 (Pre-refunded 5/15/17)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">545,412&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Louisiana Public Facilities Authority, Revenue Bonds, University of New Orleans Research and&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,021,550&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Technology, Series 2006, 5.250%, 3/01/37 (Pre-refunded 9/01/16) &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,420&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Louisiana Stadium and Exposition District, Revenue Refunding Bonds, Senior Lien Series 2013A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,265,281&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 7/01/28&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">39,840&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Louisiana&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">43,520,864&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Maine &#8211; 0.2%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,450&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,916,405&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Center Obligated Group Issue, Series 2013, 5.000%, 7/01/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,050&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Maine Health and Higher Educational Facilities Authority, Revenue Bonds, Maine General Medical&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,203,037&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Center, Series 2011, 6.750%, 7/01/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Maine&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,119,442&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Maryland &#8211; 0.8%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Baltimore, Maryland, Senior Lien Convention Center Hotel Revenue Bonds, Series 2006A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,300&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 9/01/17 &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Ba1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,304,797&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,240&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">4.600%, 9/01/30 &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Ba1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,250,141&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,545&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 9/01/39 &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Ba1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,549,820&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Baltimore, Maryland, Subordinate Lien Convention Center Hotel Revenue Bonds, Series 2006B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,506,625&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.875%, 9/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,050&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Maryland Health and Higher Educational Facilities Authority, Maryland, Hospital Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,239,871&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Meritus Medical Center, Series 2015, 5.000%, 7/01/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Adventist&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,806,585&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Healthcare, Series 2011A, 6.125%, 1/01/36&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,510&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Mercy Medical&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,779,533&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Center, Series 2016A, 4.000%, 7/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,050&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Maryland State Economic Development Corporation, Private Activity Revenue Bonds, Purple Line&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,273,881&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Light Rail Project, Green Bonds, Series 2016D, 5.000%, 3/31/41 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,695&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Maryland&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,711,253&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Massachusetts &#8211; 1.8%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,550&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Massachusetts Bay Transportation Authority, Assessment Bonds, Series 2008A, 5.250%, 7/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aaa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,856,791&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Pre-refunded 7/01/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,450&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Massachusetts Bay Transportation Authority, Assessment Bonds, Series 2008A, 5.250%, 7/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,578,513&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Pre-refunded 7/01/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,100&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Massachusetts Development Finance Agency, Hospital Revenue Bonds, Cape Cod Healthcare&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,499,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Obligated Group, Series 2013, 5.250%, 11/15/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,765&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Massachusetts Development Finance Agency, Revenue Bonds, Dana-Farber Cancer Institute Issue,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,375,761&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2016N, 5.000%, 12/01/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Massachusetts Health and Educational Facilities Authority, Revenue Bonds, CareGroup Inc.,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">543,525&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2008E-1 &amp;2, 5.125%, 7/01/38 (Pre-refunded 7/01/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,300&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Massachusetts Health and Educational Facilities Authority, Revenue Refunding Bonds, Suffolk&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,566,179&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">University Issue, Series 2009A, 5.750%, 7/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,400&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Massachusetts Housing Finance Agency, Housing Bonds, Series 2009F, 5.700%, 6/01/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,051,282&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,110&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Massachusetts School Building Authority, Dedicated Sales Tax Revenue Bonds, Senior Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,857,116&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2013A, 5.000%, 5/15/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">980&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Massachusetts Turnpike Authority, Metropolitan Highway System Revenue Bonds, Senior Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">776,258&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">1997A, 0.000%, 1/01/29 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">320&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Massachusetts Water Pollution Abatement Trust, Pooled Loan Program Bonds, Series 2000-6,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aaa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">321,357&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.500%, 8/01/30&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">34,475&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Massachusetts&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">38,425,782&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Michigan &#8211; 3.9%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit Academy of Arts and Sciences, Michigan, Public School Academy Revenue Bonds, Refunding&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Series 2013:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,065&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.000%, 10/01/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,049,512&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,520&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.000%, 10/01/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,453,926&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,150&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit Local Development Finance Authority, Michigan, Tax Increment Bonds, Series 1998A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,149,499&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.500%, 5/01/21&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,415&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit Water and Sewerage Department, Michigan, Sewage Disposal System Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,623,741&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Senior Lien Series 2012A, 5.250%, 7/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,700&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit, Michigan, Distributable State Aid General Obligation Bonds, Limited Tax Series 2010,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,044,803&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">4.500%, 11/01/23&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit, Michigan, Second Lien Sewerage Disposal System Revenue Bonds, Series 2005A, 4.500%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,045&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">7/01/35 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit, Michigan, Senior Lien Sewerage Disposal System Revenue Bonds, Series 2001B, 5.500%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,861,840&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">7/01/29 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,395&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit, Michigan, Sewage Disposal System Revenue Bonds, Second Lien Series 2006A, 5.500%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,640,594&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">7/01/36 &#8211; BHAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,525&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit, Michigan, Sewage Disposal System Revenue Bonds, Series 2001C-2, 5.250%, 7/01/29 &#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,069,509&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit, Michigan, Water Supply System Second Lien Revenue Bonds, Series 2003B, 5.000%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,017&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">7/01/34 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,060&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit, Michigan, Water Supply System Second Lien Revenue Refunding Bonds, Series 2006C,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,072,026&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 7/01/33 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit, Michigan, Water Supply System Senior Lien Revenue Bonds, Series 2003A, 5.000%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,016&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">7/01/34 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,200&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit, Michigan, Water Supply System Senior Lien Revenue Bonds, Series 2005B, 4.750%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,316,050&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">7/01/34 &#8211; BHAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Detroit, Michigan, Water Supply System Senior Lien Revenue Refunding Bonds, Series 2006D:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">165&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 7/01/32 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">165,670&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">4.625%, 7/01/32 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,268,848&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Kalamazoo Hospital Finance Authority, Michigan, Hospital Revenue Refunding Bonds, Bronson&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,253,100&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Methodist Hospital, Series 2010, 5.250%, 5/15/36 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,950&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Water &amp;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,199,600&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Sewerage Department Water Supply System Local Project, Series 2014C-1, 5.000%, 7/01/44&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,585&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Michigan Finance Authority, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2011,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,351,474&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 12/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Michigan Finance Authority, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2011,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">18,197&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 12/01/39 (Pre-refunded 12/01/21)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Michigan Finance Authority, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2015,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,840,650&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 12/01/35&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,155&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Michigan Municipal Bond Authority, Clean Water Revolving Fund Revenue Bonds, Series 2010,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AAA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,492,947&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 10/01/29&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,851,500&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2011-II-A, 5.375%, 10/15/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2015-I,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,379,200&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 4/15/30&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,890&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Oakland University, Michigan, General Revenue Bonds, Series 2012, 5.000%, 3/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,316,593&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,150&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aaa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,333,253&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Hospital, Refunding Series 2009V, 8.250%, 9/01/39 (Pre-refunded 9/01/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,100&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,297,615&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Airport, Series 2015D, 5.000%, 12/01/45&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">77,315&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Michigan&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">86,075,225&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Minnesota &#8211; 0.7%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,670&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Breckenridge, Minnesota, Revenue Bonds, Catholic Health Initiatives, Series 2004A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,675,979&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 5/01/30&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,375&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Hospital and Healthcare&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+ (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,247,674&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Services, Series 2008A, 6.625%, 11/15/28 (Pre-refunded 11/15/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,730&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aaa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,826,037&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">HealthPartners Obligated Group, Series 2006, 5.250%, 5/15/36 (Pre-refunded 11/15/16)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,775&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Minnesota&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,749,690&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Missouri &#8211; 0.9%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,465&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,001,729&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">CoxHealth, Series 2013A, 5.000%, 11/15/48&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Missouri Health and Educational Facilities Authority, Revenue Bonds, SSM Health Care System,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">13,448,760&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2010B, 5.000%, 6/01/30&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">725&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Saint Louis, Missouri, Parking Revenue Bonds, Series 2006A, 4.500%, 12/15/25 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">735,636&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,875&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Saint Louis, Missouri, Parking Revenue Bonds, Series 2006A, 4.500%, 12/15/25&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,903,594&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">(Pre-refunded 12/15/16)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">18,065&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Missouri&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">20,089,719&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Nebraska &#8211; 0.3%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,400&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Douglas County Hospital Authority 3, Nebraska, Health Facilities Revenue Bonds, Nebraska&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,650,166&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Methodist Health System, Refunding Series 2015, 5.000%, 11/01/45&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Omaha Public Power District, Nebraska, Electric System Revenue Bonds, Series 2008A, 5.500%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,372,800&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2/01/39 (Pre-refunded 2/01/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,400&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Nebraska&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,022,966&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Nevada &#8211; 3.0%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Clark County, Nevada, Airport Revenue Bonds, Subordinate Lien Series 2007A-1, 5.000%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,067,800&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">7/01/26 &#8211; AMBAC Insured (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,075&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Clark County, Nevada, Airport Revenue Bonds, Subordinate Lien Series 2010B, 5.750%, 7/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,876,546&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Las Vegas Valley Water District, Nevada, General Obligation Bonds, Refunding Series 2015:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,220&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 6/01/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,417,155&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 6/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,250,400&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 6/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,925,370&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Las Vegas Valley Water District, Nevada, General Obligation Bonds, Refunding Water&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,157,700&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Improvement Series 2016A, 5.000%, 6/01/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">275&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Nevada State, General Obligation Bonds, Municipal Bond Bank Projects R9A-R12, Refunding Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">276,064&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2005F, 5.000%, 12/01/16 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Las Vegas, Nevada, General Obligation Bonds, Series 2006, 5.000%, 5/01/36 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,974,300&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Reno, Nevada, Health Facility Revenue Bonds, Catholic Healthcare West, Series 2007A, 5.250%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,366,500&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">7/01/31 &#8211; BHAC Insured (UB) (7)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Sparks Tourism Improvement District 1, Legends at Sparks Marina, Nevada, Senior Sales Tax&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,592,280&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenue Bonds Series 2008A, 6.750%, 6/15/28&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">58,070&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Nevada&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">65,904,115&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">New Hampshire &#8211; 0.1%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Hampshire Business Finance Authority, Revenue Bonds, Elliot Hospital Obligated Group&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,697,385&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Issue, Series 2009A, 6.125%, 10/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">New Jersey &#8211; 4.0%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">930&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,082,102&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Replacement Project, Series 2013, 5.125%, 1/01/39 &#8211; AGM Insured (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,550&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Economic Development Authority, Revenue Bonds, Motor Vehicle Surcharge, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,577,923&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2004A, 5.250%, 7/01/33 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,990&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Economic Development Authority, School Facilities Construction Bonds, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,483,307&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2005N-1, 5.500%, 9/01/25 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Economic Development Authority, School Facilities Construction Financing Program&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,517,560&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Refunding Series 2013NN, 5.000%, 3/01/25&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,300&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Health Care Facilities Financing Authority, New Jersey, Revenue Bonds, Saint Peters&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,526,743&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">University Hospital, Series 2007, 5.750%, 7/01/37&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,740&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Barnabas Health&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/17 at 41.49&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,937,570&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Care System, Refunding Series 2006B, 0.000%, 7/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,420&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,065,699&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Appreciation Series 2010A, 0.000%, 12/15/31&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Series 2006C:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">30,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 12/15/30 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">18,074,400&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">27,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 12/15/32 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,966,910&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,095&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2011B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,592,352&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 6/15/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2013AA,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,015,880&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 6/15/29&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2015AA:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 6/15/32&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,136,953&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,150&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 6/15/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,442,723&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,135&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Rutgers State University, New Jersey, Revenue Bonds, Refunding Series 2013L, 5.000%, 5/01/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,339,697&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Series 2007-1A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,335&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">4.625%, 6/01/26&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,381,515&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,215&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">4.750%, 6/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,097,350&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">115,110&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total New Jersey&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">88,238,684&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">New Mexico &#8211; 0.0%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">910&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">University of New Mexico, Revenue Bonds, Refunding Series 1992A, 6.000%, 6/01/21&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,024,769&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">New York &#8211; 4.5%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,490&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 5.000%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,705,518&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2/15/47 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,160&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2008A, 5.500%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+ (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,838,024&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5/01/33 (Pre-refunded 5/01/19) &#8211; BHAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,855&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Long Island Power Authority, New York, Electric System Revenue Bonds, Series 2011A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,539,648&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 5/01/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2016C-1,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,138,400&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 11/15/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,510&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Vaughn&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BB&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,520,781&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">College of Aeronautics, Series 2006B, 5.000%, 12/01/31&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,850&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,886,150&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Project, Series 2006, 4.750%, 3/01/46 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,525&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,967,035&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Second Generation Resolution, Series 2009EE-2, 5.250%, 6/15/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,680&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AAA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,732,030&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2007B, 4.750%, 11/01/27&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,320&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,425,344&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2007B, 4.750%, 11/01/27 (Pre-refunded 5/01/17)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,506,100&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Center Project, Class 1 Series 2014, 5.000%, 11/15/44&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,700&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,269,619&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Center Project, Series 2011, 5.750%, 11/15/51&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,270&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New York Transportation Development Corporation, Special Facilities Bonds, LaGuardia Airport&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,611,146&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Terminal B Redevelopment Project, Series 2016A, 5.250%, 1/01/50 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,400,833&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Eighth Series 2007, 5.000%, 8/15/33 (Pre-refunded 8/15/17) &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,925&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,698,002&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Terminal LLC Project, Eighth Series 2010, 6.000%, 12/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Refunding&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,633,510&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2015A, 5.000%, 11/15/50&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">89,535&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total New York&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">99,872,140&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">North Carolina &#8211; 0.6%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Charlotte-Mecklenburg Hospital Authority, North Carolina, Health Care Revenue Bonds, DBA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,133,380&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Carolinas HealthCare System, Series 2008A, 5.000%, 1/15/47&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Charlotte-Mecklenburg Hospital Authority, North Carolina, Health Care Revenue Bonds, DBA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,716,330&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Carolinas HealthCare System, Series 2011A, 5.125%, 1/15/37&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Carolina Department of Transportation, Private Activity Revenue Bonds, I-77 Hot Lanes&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Project, Series 2015:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">905&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 12/31/37 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,040,361&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,025&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 6/30/54 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,282,398&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,010&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Carolina Medical Care Commission, Health Care Facilities Revenue Bonds, Duke University&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,242,738&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Health System, Series 2010A, 5.000%, 6/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,255&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Carolina Medical Care Commission, Health System Revenue Bonds, Mission Health Combined&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,303,794&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Group, Series 2007, 4.500%, 10/01/31&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">745&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Carolina Medical Care Commission, Health System Revenue Bonds, Mission Health Combined&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">779,873&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Group, Series 2007, 4.500%, 10/01/31 (Pre-refunded 10/01/17)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,440&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total North Carolina&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,498,874&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">North Dakota &#8211; 0.4%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,820&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Fargo, North Dakota, Health System Revenue Bonds, Sanford Health, Refunding Series 2011,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,654,572&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.250%, 11/01/31&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Ohio &#8211; 4.6%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,405&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">American Municipal Power Ohio Inc., Prairie State Energy Campus Project Revenue Bonds, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,083,101&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2008A, 5.250%, 2/15/43 (Pre-refunded 2/15/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">595&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">American Municipal Power Ohio Inc., Prairie State Energy Campus Project Revenue Bonds, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">632,604&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2008A, 5.250%, 2/15/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Bonds, Senior Lien, Series 2007A-2:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,615&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.375%, 6/01/24&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,541,706&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,075&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.125%, 6/01/24&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,000,217&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,205&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.875%, 6/01/30&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,206,221&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">17,165&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.750%, 6/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">17,087,758&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,020&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.000%, 6/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,020,925&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,940&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.875%, 6/01/47&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,933,791&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,415&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,770,877&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Senior Lien, Series 2007A-3, 6.250%, 6/01/37&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,730&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,119,821&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2011A, 6.000%, 11/15/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Ohio State, General Obligation Bonds, Higher Education, Series 2015C, 2.000%, 11/01/16&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,017,040&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,110&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Ohio State, Private Activity Bonds, Portsmouth Gateway Group, LLC &#8211; Borrower, Portsmouth&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,805,083&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bypass Project, Series 2015, 5.000%, 12/31/39 &#8211; AGM Insured (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,975&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Project, Junior Lien Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,771,199&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2013A-1, 5.000%, 2/15/48&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">99,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Ohio&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">101,990,343&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Oklahoma &#8211; 0.3%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,400&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Fort Sill Apache Tribe of Oklahoma Economic Development Authority, Gaming Enterprise Revenue&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,695,302&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Fort Sill Apache Casino, Series 2011A, 8.500%, 8/25/26&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Norman Regional Hospital Authority, Oklahoma, Hospital Revenue Bonds, Series 2007,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,054,920&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.125%, 9/01/37&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Oklahoma Development Finance Authority, Health System Revenue Bonds, Integris Baptist Medical&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Center, Refunding Series 2015A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,590&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 8/15/27&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,997,867&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 8/15/29&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,554,600&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,240&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Oklahoma&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,302,689&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Oregon &#8211; 0.1%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,860&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Oregon State Facilities Authority, Revenue Bonds, Willamette University, Series 2007A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,989,930&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 10/01/32&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Pennsylvania &#8211; 0.8%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Pennsylvania State University, Revenue Bonds, Series 2016A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,325&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 9/01/35&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,652,209&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,675&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 9/01/36&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,081,807&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Subordinate Special&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,124,350&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenue Bonds, Series 2014A, 0.000%, 12/01/37 (5)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,715&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Subordinate Special&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,104,711&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenue, Series 2011B, 5.000%, 12/01/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Pennsylvania Turnpike Commission, Motor License Fund-Enhanced Turnpike Subordinate Special&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,750,475&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenue, Series 2013A, 5.000%, 12/01/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,465&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Pennsylvania&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,713,552&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Rhode Island &#8211; 0.3%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Rhode Island Health and Educational Building Corporation, Hospital Financing Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,271,375&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Lifespan Obligated Group, Series 1996, 5.250%, 5/15/26 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">South Carolina &#8211; 1.8%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 2004A-2:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,760&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 1/01/28 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,504,924&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,535&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 1/01/29 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,879,598&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">South Carolina Public Service Authority, Electric System Revenue Bonds, Santee Cooper,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,046,800&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2011B, 5.000%, 12/01/16&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Refunding &amp;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Improvement Series 2015A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 12/01/50&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,422,680&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 12/01/55&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,362,560&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,455&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Series 2014A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,165,832&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.500%, 12/01/54&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">42,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total South Carolina&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">39,382,394&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Tennessee &#8211; 0.6%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,780&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Jackson, Tennessee, Hospital Revenue Bonds, Jackson-Madison County General Hospital Project,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,987,833&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2008, 5.625%, 4/01/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,520&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Jackson, Tennessee, Hospital Revenue Bonds, Jackson-Madison County General Hospital Project,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,152,357&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2008, 5.625%, 4/01/38 (Pre-refunded 4/01/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Sullivan County Health Educational and Housing Facilities Board, Tennessee, Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,011,130&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Wellmont Health System, Series 2006C, 5.250%, 9/01/36&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">13,300&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Tennessee&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,151,320&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Texas &#8211; 14.0%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, Second Tier&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,025,700&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2006B, 5.750%, 1/01/34&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,560&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Beaumont Independent School District, Jefferson County, Texas, General Obligation Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AAA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,687,491&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2008, 5.000%, 2/15/38&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,110&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Brazos River Authority, Texas, Pollution Control Revenue Refunding Bonds, TXU Electric&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">C&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">86,666&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Company, Series 1999C, 7.700%, 3/01/32 (Alternative Minimum Tax) (6)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,100&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Carrollton-Farmers Branch Independent School District, Dallas County, Texas, General&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AAA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,147,208&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Obligation Bonds, Series 2007, 4.500%, 2/15/17&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,420&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Senior Lien Series 2013A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,746,119&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 1/01/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,355&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Central Texas Regional Mobility Authority, Revenue Bonds, Refunding Subordinate Lien Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,736,008&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2016, 4.000%, 1/01/41 (WI/DD, Settling 8/09/16)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Dallas-Fort Worth International Airport, Texas, Joint Revenue Bonds, Improvement Series 2012D,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,540,625&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 11/01/38 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">240&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Decatur Hospital Authority, Texas, Revenue Bonds, Wise Regional Health System, Series 2014A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">261,761&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 9/01/44&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">El Paso County Hospital District, Texas, General Obligation Bonds, Certificates of Obligation,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,745,300&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2013, 5.000%, 8/15/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,965&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Fort Worth Independent School District, Tarrant County, Texas, General Obligation Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AAA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,972,447&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2006, 5.000%, 2/15/18&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,005&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Friendswood Independent School District, Galveston County, Texas, General Obligation Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AAA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,415,622&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Schoolhouse Series 2008, 5.000%, 2/15/37 (Pre-refunded 2/15/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">27,340&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, Subordinate Lien&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">31,997,096&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2013B, 5.000%, 4/01/53&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,845&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Harris County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Houston&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,105,943&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Methodist Hospital System, Series 2015, 4.000%, 12/01/45&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Harris County Hospital District, Texas, Revenue Bonds, Series 2007A, 5.250%, 2/15/42 &#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,121,700&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Harris County, Texas, Toll Road Revenue Bonds, Refunding Senior Lien Series 2016A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,164,200&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 8/15/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,295&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Harris County-Houston Sports Authority, Texas, Revenue Bonds, Capital Appreciation Refunding&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/31 at 39.79&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,716,222&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Senior Lien Series 2014A, 0.000%, 11/15/50 &#8211; AGM Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,900&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Harris County-Houston Sports Authority, Texas, Revenue Bonds, Junior Lien Series 2001H,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,213,261&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 11/15/27 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,845&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Harris County-Houston Sports Authority, Texas, Revenue Bonds, Refunding Second Lien Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,185,495&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2014C, 5.000%, 11/15/32&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,905&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Harris County-Houston Sports Authority, Texas, Revenue Bonds, Third Lien Series 2004A-3,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/24 at 59.10&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,573,552&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 11/15/33 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Project, Series 2001B:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">24,755&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 9/01/29 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,440,043&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,940&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 9/01/30 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,321,326&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 9/01/31 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,143,500&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,120&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Leander Independent School District, Williamson and Travis Counties, Texas, General Obligation&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AAA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,285,210&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Refunding Series 2015A, 5.000%, 8/15/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Lewisville Independent School District, Denton County, Texas, General Obligation Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aaa&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,749,288&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 1996, 0.000%, 8/15/16&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Baa1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,304,080&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Southwest Airlines Company &#8211; Love Field Modernization Program Project, Series 2012, 5.000%,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">11/01/28 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Martin County Hospital District, Texas, Combination Limited Tax and Revenue Bonds, Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,990,450&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2011A, 7.250%, 4/01/36&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,420&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Texas Municipal Water District, Water System Revenue Bonds, Refunding &amp; Improvement&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AAA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,475,111&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2012, 5.000%, 9/01/26&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier Capital Appreciation&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Series 2008I:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">30,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.200%, 1/01/42 &#8211; AGC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">40,283,400&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,220&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.500%, 1/01/43&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,913,368&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,130&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2008A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,358,396&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.750%, 1/01/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,190&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2008A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+ (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,423,476&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.750%, 1/01/40 (Pre-refunded 1/01/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,450&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2008D,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,590,509&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 1/01/36 &#8211; AGC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,020&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2015B,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,583,797&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 1/01/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,100&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">North Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier, Series 2015A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/25 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,002,355&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 1/01/32&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Sabine River Authority, Texas, Pollution Control Revenue Refunding Bonds, TXU Electric&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">C&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">33,920&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Company, Series 2003A, 5.800%, 7/01/22 (6)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,585&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Tarrant County Cultural &amp; Educational Facilities Financing Corporation, Texas, Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,079,216&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Tender Option Bond Trust 2016-XG0013, Formerly Tender Option Bond Trust 1201,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">8.923%, 2/15/36 (IF) (7)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Bonds, Scott &amp; White Healthcare Project, Series 2010:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">355&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.500%, 8/15/45 (Pre-refunded 8/15/20)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">420,806&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,455&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.500%, 8/15/45 (Pre-refunded 8/15/20)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211; (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,290,580&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,620&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Tarrant County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,775,277&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bonds, Scott &amp; White Healthcare Project, Series 2016A, 4.000%, 11/15/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,970&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,455,571&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Christus Health, Refunding Series 2008A, 6.500%, 7/01/37 &#8211; AGC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,030&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,171,223&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Christus Health, Refunding Series 2008A, 6.500%, 7/01/37 (Pre-refunded 1/01/19) &#8211; AGC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,435&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Texas&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,591,628&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Health Resources, Refunding Series 2007A, 5.000%, 2/15/20&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Series 2012:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 12/15/26&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,933,850&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,400&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 12/15/32&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,792,560&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,180&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, First Tier&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,364,987&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2012A, 5.000%, 8/15/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, First Tier&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,560,250&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2015B, 5.000%, 8/15/37&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,750&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Second Tier&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/24 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,064,213&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2015C, 5.000%, 8/15/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Texas Turnpike Authority, Central Texas Turnpike System Revenue Bonds, First Tier Series&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,431,130&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2002A, 0.000%, 8/15/25 &#8211; AMBAC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">322,010&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Texas&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">307,271,936&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Virginia &#8211; 2.5%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Fairfax County Economic Development Authority, Virginia, Residential Care Facilities Mortgage&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,552,665&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Revenue Bonds, Goodwin House, Inc., Series 2007A, 5.125%, 10/01/42&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/28 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,085,200&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Metrorail Capital Appreciation, Second Senior Lien Series 2010B, 0.000%, 10/01/44 (5)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,110&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">15,835,794&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Metrorail &amp; Capital Improvement Project, Refunding Second Senior Lien Series 2014A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 10/01/53&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">870&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Stafford County and Staunton Industrial Development Authority, Virginia, Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">879,457&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Virginia Municipal League and Virginia Association of Counties Finance Program, Series 2007C,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 2/01/37 &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">400&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Stafford County and Staunton Industrial Development Authority, Virginia, Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">409,028&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Virginia Municipal League and Virginia Association of Counties Finance Program, Series 2007C,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 2/01/37 (Pre-refunded 2/01/17) &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Stafford County and Staunton Industrial Development Authority, Virginia, Revenue Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Virginia Municipal League and Virginia Association of Counties Finance Program, Series 2007C:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">640&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 2/01/37 (Pre-refunded 2/01/17) &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">654,445&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">845&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 2/01/37 (Pre-refunded 2/01/17) &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">864,072&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,415&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 2/01/37 (Pre-refunded 2/01/17) &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,447,304&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,505&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 2/01/37 (Pre-refunded 2/01/17) &#8211; SYNCORA GTY Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,561,538&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,355&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Tobacco Settlement Financing Corporation of Virginia, Tobacco Settlement Asset Backed Bonds,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">B&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,256,925&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2007B1, 5.000%, 6/01/47&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,350&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Virginia Public Building Authority, Public Facilities Revenue Bonds, Series 2011A,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,350,871&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 8/01/16&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Crossing, Opco LLC Project, Series 2012:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,180&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.250%, 1/01/32 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,809,048&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,650&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.000%, 1/01/37 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,976,073&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,770&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.500%, 1/01/42 (Alternative Minimum Tax)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,375,387&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">49,590&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Virginia&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">55,057,807&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Washington &#8211; 2.5%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Port of Seattle, Washington, Revenue Bonds, Refunding Intermediate Lien Series 2016:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,930&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 2/01/29 (WI/DD, Settling 8/02/16)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,424,119&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.000%, 2/01/30 (WI/DD, Settling 8/02/16)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,247,540&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,780&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Washington Health Care Facilities Authority, Revenue Bonds, Fred Hutchinson Cancer Research&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,301,262&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Center, Series 2011A, 5.625%, 1/01/35&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,400&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Washington Health Care Facilities Authority, Revenue Bonds, Kadlec Regional Medical Center,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,863,296&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2010, 5.375%, 12/01/33 (Pre-refunded 12/01/20)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Washington Health Care Facilities Authority, Revenue Bonds, Providence Health &amp; Services,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">14,191,080&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Refunding Series 2012A, 5.000%, 10/01/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Washington State Health Care Facilities Authority, Revenue Bonds, Northwest Hospital and&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,669,675&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Medical Center of Seattle, Series 2007, 5.700%, 12/01/32 (Pre-refunded 12/04/17)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Washington State Health Care Facilities Authority, Revenue Bonds, Providence Health Care&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10/16 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,019,200&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Services, Series 2006A, 4.625%, 10/01/34 &#8211; FGIC Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,185&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Washington State Health Care Facilities Authority, Revenue Bonds, Virginia Mason Medical&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/17 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,272,313&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Center, Series 2007B, 5.000%, 2/15/27 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Washington State, Motor Vehicle Fuel Tax General Obligation Bonds, Series 2002-03C:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">9,100&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/01/29 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,041,489&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,195&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.000%, 6/01/30 &#8211; NPFG Insured&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12,223,662&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">56,090&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Washington&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">54,253,636&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">West Virginia &#8211; 0.2%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">West Virginia Hospital Finance Authority, Hospital Revenue Bonds, West Virginia United Health&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/23 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,584,280&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">System Obligated Group, Refunding &amp; Improvement Series 2013A, 5.500%, 6/01/44&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Wisconsin &#8211; 3.6%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Ascension Health&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,820,900&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Alliance Senior Credit Group, Series 2012D, 5.000%, 11/15/41&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,350&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Ascension Health&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/26 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,369,889&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Alliance Senior Credit Group, Series 2016A, 4.000%, 11/15/46&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7,115&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Ascension Health, Senior&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,056,599&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Credit Group, Series 2010E, 5.000%, 11/15/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,375&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marshfield Clinic,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,689,141&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2012B, 5.000%, 2/15/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,410&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Mercy Alliance, Inc.,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,006,629&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2012, 5.000%, 6/01/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Meriter Hospital, Inc.,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">12/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,814,300&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2009, 6.000%, 12/01/38 (Pre-refunded 12/01/18)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Meriter Hospital, Inc.,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Series 2011A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,500&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.750%, 5/01/35 (Pre-refunded 5/01/21)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,296,740&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.000%, 5/01/41 (Pre-refunded 5/01/21)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,196,300&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6,600&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Ministry Health Care,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8/22 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA (4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,142,684&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Inc., Refunding 2012C, 5.000%, 8/15/32 (Pre-refunded 8/15/22)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wisconsin Health and Educational Facilities Authority, Revenue Bonds, SSM Healthcare System,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/20 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">11,286,700&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Series 2010A, 5.000%, 6/01/30&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Wisconsin State, General Fund Annual Appropriation Revenue Bonds, Refunding Series 2009A:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,550&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">5.750%, 5/01/33&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,882,852&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">8,945&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">6.250%, 5/01/37&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#8211;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">10,228,697&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">68,345&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Wisconsin&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">78,791,431&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Wyoming &#8211; 0.2%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,035&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Campbell County, Wyoming Solid Waste Facilities Revenue Bonds, Basin Electric Power&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/19 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A+&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,299,224&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Cooperative &#8211; Dry Fork Station Facilities, Series 2009A, 5.750%, 7/15/39&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,850&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">West Park Hospital District, Wyoming, Hospital Revenue Bonds, Series 2011A, 7.000%, 6/01/40&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/21 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">BBB&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,208,956&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">3,885&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Wyoming&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4,508,180&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$ 2,293,913&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Municipal Bonds (cost $1,921,920,922)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">2,188,805,133&#160;</div>
</td>
</tr>
</table>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>

<table id="z93eed86b402b4419bc8f5da540434747" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; BORDER-COLLAPSE: collapse; WIDTH: 100%" cellspacing="0" cellpadding="0" border="0">
<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Principal</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 50%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.42%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Amount (000)</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 50%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Description (1)</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Coupon</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Maturity</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Ratings (3)</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10.42%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Value</font>&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 50%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">CORPORATE BONDS &#8211; 0.0%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.42%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 50%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.42%">&#160;</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 50%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Transportation &#8211; 0.0%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.42%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$&#160;&#160;&#160; 841&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 50%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Las Vegas Monorail Company, Senior Interest Bonds (8), (9)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5.500%&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/15/19&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.42%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$ 252,302&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">224&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 50%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Las Vegas Monorail Company, Senior Interest Bonds (8), (9)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">5.500%&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">7/15/55&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">N/R&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10.42%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">67,102&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$ 1,065&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 50%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Corporate Bonds (cost $95,463)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10.42%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">319,404&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; BORDER-BOTTOM-COLOR: ; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 50%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Total Long-Term Investments (cost $1,922,016,385)</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10.42%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">2,189,124,537</font>&#160;</div>
</td>
</tr>
</table>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>

<table id="z891e26e296f141f882866e35513c1c09" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; BORDER-COLLAPSE: collapse; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Principal</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Optional Call</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Amount (000)</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Description (1)</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Provisions (2)</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Ratings (3)</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Value</font>&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">SHORT-TERM INVESTMENTS &#8211; 0.9%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">&#160;</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">MUNICIPAL BONDS &#8211; 0.9%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">&#160;</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">California &#8211; 0.1%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$ 2,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Bay Area Toll Authority, California, Revenue Bonds, San Francisco Bay Area Toll Bridge, Tender&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">4/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa3&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$ 2,000,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Option Bonds Floater 1043, 0.480%, 4/01/39 (10)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">New Jersey &#8211; 0.7%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,250&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Tender Option&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">AA&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">16,250,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">Bond Floater 2016-ZF0468, 0.313%, 6/15/19 (10)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">New York &#8211; 0.0%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">700&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">New York State Thruway Authority, General Revenue Bonds, Tender Option Bond Floater&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">No Opt. Call&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">A&#8211;1&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">700,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">2016-ZF0482, 0.510%, 7/01/17&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Utah &#8211; 0.1%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,100&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Utah Transit Authority, Sales Tax Revenue Bonds, Tender Option Bond Floater 1050,&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">6/18 at 100.00&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">Aa2&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">1,100,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; TEXT-INDENT: 3.75pt">0.500%, 6/15/36 (10)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$ 20,050&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total Short-Term Investments (cost $20,050,000)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">20,050,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; BORDER-BOTTOM-COLOR: ; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Total Investments (cost $1,942,066,385) &#8211; 100.5%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">2,209,174,537</font>&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; BORDER-BOTTOM-COLOR: ; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Floating Rate Obligations &#8211; (0.6)%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">(14,130,000)</font>&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; BORDER-BOTTOM-COLOR: ; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Other Assets Less Liabilities &#8211; 0.1%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">3,473,634</font>&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 4px; BORDER-BOTTOM-COLOR: ; WIDTH: 9%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 4px; BORDER-BOTTOM-COLOR: ; WIDTH: 1%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 60%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Net Assets &#8211; 100%</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 10%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">$ 2,198,518,171</font>&#160;</div>
</td>
</tr>
</table>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>

<div id="DSPFPageBreakArea" style="MARGIN-BOTTOM: 10pt; CLEAR: both; MARGIN-TOP: 10pt">
<div id="DSPFPageBreak" style="PAGE-BREAK-AFTER: always">
<hr style="BORDER-LEFT-WIDTH: 0px; HEIGHT: 2px; BORDER-RIGHT-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; COLOR: #000000; CLEAR: both; MARGIN: 4px 0px; BORDER-TOP-WIDTH: 0px; WIDTH: 100%; BACKGROUND-COLOR: #000000" noshade="noshade">
</div>
</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-TOP: 12pt"><br>
 Fair Value Measurements</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-TOP: 12pt">Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity&#8217;s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-TOP: 12pt">Level 1 &#8211; Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-TOP: 12pt">Level 2 &#8211; Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-TOP: 12pt">Level 3 &#8211; Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of investments).</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-TOP: 12pt">The inputs or methodologies used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the Fund's fair value measurements as of the end of the reporting period:</div>

<table id="z7cc60d2d66c54d8497680df7a9741af4" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; BORDER-COLLAPSE: collapse; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 36.09%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 28.87%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Level 1</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 14.44%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Level 2</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Level 3</font>&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold">Total</font>&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 36.09%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Long-Term Investments:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 28.87%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 14.44%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 36.09%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">Municipal Bonds&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 28.87%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$ &#8212;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 14.44%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$2,188,805,133&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#8212;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$2,188,805,133&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 36.09%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">Corporate Bonds&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 28.87%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">&#8212;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 14.44%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">&#8212;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">319,404&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">319,404&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 36.09%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Short-Term Investments:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 28.87%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 14.44%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 36.09%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">Municipal Bonds&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 28.87%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">&#8212;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 14.44%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">20,050,000&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">&#8212;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">20,050,000&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 36.09%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Total&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 28.87%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$ &#8212;&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 14.44%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$2,208,855,133&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$319,404&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 10.3%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$2,209,174,537&#160;</div>
</td>
</tr>
</table>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-TOP: 12pt">Income Tax Information</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-TOP: 12pt">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 taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-TOP: 12pt">As of July 31, 2016, the cost of investments was $1,920,868,499.</div>

<div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-TOP: 12pt">Gross unrealized appreciation and gross unrealized depreciation of investments as of July 31, 2016, were as follows:</div>

<table id="zbd21c38cbcf04c0d86d77c6621a5e88c" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; BORDER-COLLAPSE: collapse; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 2px solid; WIDTH: 62.62%">&#160;</td>
<td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 2px solid; WIDTH: 37.38%">&#160;</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 62.62%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Gross unrealized:&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 37.38%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 62.62%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">Appreciation&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 37.38%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$291,936,271&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 62.62%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left; MARGIN-LEFT: 9pt">Depreciation&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 37.38%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(17,760,308)&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 62.62%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Net unrealized appreciation (depreciation) of investments&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px solid; WIDTH: 37.38%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">$274,175,963&#160;</div>
</td>
</tr>
</table>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>

<table id="zfcc48c47b0ab4bb7a2685e617b15999f" style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; BORDER-COLLAPSE: collapse; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(1)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">All percentages shown in the Portfolio of Investments are based on net assets.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(2)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">may be subject to periodic principal paydowns.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(3)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">For financial reporting purposes, the ratings disclosed are the highest of Standard &amp; Poor&#8217;s Group&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">("Standard &amp; Poor's"), Moody&#8217;s Investors Service, Inc. ("Moody's") or Fitch, Inc. ("Fitch") rating. This treatment&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">of split-rated securities may differ from that used for other purposes, such as for Fund investment policies.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Ratings below BBB by Standard &amp; Poor&#8217;s, Baa by Moody&#8217;s or BBB by Fitch are considered to be below&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">investment grade. Holdings designated N/R are not rated by any of these national rating agencies.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(4)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities,&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">agency securities are regarded as having an implied rating equal to the rating of such securities.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(5)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Step-up coupon. The rate shown is the coupon as of the end of the reporting period.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(6)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">As of, or subsequent to, the end of the reporting period, this security is non-income producing. Non-income&#160;</div>
</td>
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<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on the&#160;</div>
</td>
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<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the Fund&#8217;s&#160;</div>
</td>
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<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Adviser has concluded that the issue is not likely to meet its future interest payment obligations and has&#160;</div>
</td>
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<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">ceased accruing additional income on the Fund&#8217;s records.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(7)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Investment, or portion of investment, has been pledged to collateralize the net payment obligations for&#160;</div>
</td>
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<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">investments in inverse floating rate transactions.&#160;</div>
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<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(8)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">During January 2010, Las Vegas Monorail Company (&#8220;Las Vegas Monorail&#8221;) filed for federal bankruptcy&#160;</div>
</td>
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<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">protection. During March 2012, Las Vegas Monorail emerged from federal bankruptcy with the acceptance&#160;</div>
</td>
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<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">of a reorganization plan assigned by the Federal Bankruptcy Court. Under the reorganization plan, the Fund&#160;</div>
</td>
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<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">surrendered its Las Vegas Monorail Project Revenue Bonds, First Tier, Series 2000 and in turn received two&#160;</div>
</td>
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<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">senior interest corporate bonds: the first with an annual coupon rate of 5.500% maturing on July 15, 2019&#160;</div>
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<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">and the second with an annual coupon rate of 3.000% (5.500% after December 31, 2015) maturing on&#160;</div>
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<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">July 15, 2055. The Fund is not accruing income for either senior interest corporate bond.&#160;</div>
</td>
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<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(9)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Investment valued at fair value using methods determined in good faith by, or at the discretion of, the&#160;</div>
</td>
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<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Board. For fair value measurement disclosure purposes, investment classified as Level 3.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(10)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Investment has a maturity of greater than one year, but has variable rate and/or demand features which&#160;</div>
</td>
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<tr style="HEIGHT: 16px">
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">qualify it as a short-term investment. The rate disclosed is that in effect as of the end of the reporting&#160;</div>
</td>
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<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">period. This rate changes periodically based on market conditions or a specified market index.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(ETM)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Escrowed to maturity.&#160;</div>
</td>
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<tr>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(IF)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Inverse floating rate investment.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(UB)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Underlying bond of an inverse floating rate trust reflected as a financing transaction.&#160;</div>
</td>
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<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">(WI/DD)&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Investment, or portion of investment, purchased on a when-issued or delayed delivery basis.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: right">144A&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended.&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">These investments may only be resold in transactions exempt from registration, which are normally those&#160;</div>
</td>
</tr>

<tr>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 7%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 3%">&#160;</td>
<td style="VERTICAL-ALIGN: bottom; WIDTH: 90%">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">transactions with qualified institutional buyers.&#160;</div>
</td>
</tr>
</table>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Arial, sans-serif; TEXT-ALIGN: left">&#160;</div>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div id="PGBRK" style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div id="FTR">
<div id="GLFTR" style="TEXT-ALIGN: left; WIDTH: 100%"></div>
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<div style="TEXT-ALIGN: center; WIDTH: 100%"></div>

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</div>
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<div id="HDR">
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Item 2. Controls and Procedures.</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div>
<table id="4d8f9f669142411bb20c26a3dce56680" style="FONT-SIZE: 10pt; FONT-FAMILY: 'arial narrow'; WIDTH: 100%" cellspacing="0" cellpadding="0">
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: right; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">a.&#160;&#160;</div>
</td>
<td style="WIDTH: 82%" valign="top" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).</div>
</td>
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</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: right; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">b.&#160;&#160;</div>
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<td style="WIDTH: 82%" valign="top" align="left">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.</div>
</td>
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</table>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Item 3. Exhibits.</div>

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</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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: See EX-99 CERT attached hereto.</div>

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</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">SIGNATURES</div>

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</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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.</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(Registrant)&#160;<font style="TEXT-DECORATION: underline; DISPLAY: inline">&#160;Nuveen Municipal Value Fund, Inc.&#160;</font></div>

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<tr>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; WIDTH: 11%">By (Signature and Title)</td>
<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; TEXT-DECORATION: underline; WIDTH: 89%">/s/&#160;Kevin J. McCarthy&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td>
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<td style="TEXT-ALIGN: left; WIDTH: 89%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;&#160;&#160; Kevin J. McCarthy </font>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Date:&#160;<font style="TEXT-DECORATION: underline; DISPLAY: inline">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;September&#160;29, 2016&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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.</div>

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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; TEXT-DECORATION: underline; WIDTH: 89%">/s/ Gifford R. Zimmerman&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td>
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<td style="TEXT-ALIGN: left; WIDTH: 89%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;&#160;&#160; Gifford R. Zimmerman </font>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Date:&#160;<font style="TEXT-DECORATION: underline; DISPLAY: inline">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;September 29, 2016&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>

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<td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-DECORATION: underline; WIDTH: 89%">/s/ Stephen D. Foy&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</td>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;&#160;&#160; Stephen D. Foy</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;&#160;&#160;&#160; Vice President and Controller (principal financial officer)</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">I, Gifford R. Zimmerman, certify that:</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">1.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">I have reviewed this report on Form N-Q of Nuveen Municipal Value Fund, Inc.;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">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;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">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;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">The registrant's other certifying officer 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:</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">The registrant's other certifying officer and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Date:&#160;<font style="TEXT-DECORATION: underline; DISPLAY: inline">&#160;&#160;&#160;September&#160;29, 2016&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Gifford R. Zimmerman</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Chief Administrative Officer</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(principal executive officer)</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">I, Stephen D. Foy, certify that:</div>

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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">I have reviewed this report on Form N-Q of Nuveen Municipal Value Fund, Inc.;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">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;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">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;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">The registrant's other certifying officer 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:</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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;</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">The registrant's other certifying officer and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">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.</div>
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Date:&#160;<font style="TEXT-DECORATION: underline; DISPLAY: inline">&#160;&#160;&#160;&#160;September 29, 2016&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; TEXT-DECORATION: underline; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">/s/ Stephen D. Foy</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Stephen D. Foy</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Vice President and Controller</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(principal financial officer)</div>

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