N-Q 1 ca_final.htm QUARTERLY REPORT FOR CALI TAX-FREE FUNDS

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF
REGISTERED MANAGEMENT COMPANY


Investment Company Act file number: 811-4474

Name of Registrant: Vanguard California Tax-Free Funds

Address of Registrant: P.O. Box 2600
Valley Forge, PA 19482

Name and address of agent for service: Heidi Stam, Esquire
P.O. Box 876
Valley Forge, PA 19482

Registrant’s telephone number, including area code: (610) 669-1000


Date of fiscal year end: November 30

Date of reporting period: August 31, 2008

Item 1: Schedule of Investments



Vanguard California Tax-Exempt Money Market Fund

Schedule of Investments

As of August 31, 2008

 

 

 

 

 

Face

Market

 

 

Maturity

Amount

Value

 

Coupon

Date

($000)

($000)

Tax-Exempt Municipal Bonds (100.0%)

California (100.0%)

 

ABAG Finance Auth. for Non-Profit Corp. California (Computer History Museum) VRDO

1.790%

9/8/08

LOC

7,000

7,000

 

ABAG Finance Auth. for Non-Profit Corp. California (La Jolla Day School) VRDO

1.670%

9/8/08

LOC

11,800

11,800

 

ABAG Finance Auth. for Non-Profit Corp. California (On Lok Senior Health) VRDO

1.570%

9/8/08

LOC

5,000

5,000

 

ABAG Finance Auth. for Non-Profit Corp. California (San Francisco Friends) VRDO

1.750%

9/8/08

LOC

24,000

24,000

 

ABAG Finance Auth. for Non-Profit Corp. California (Valley Christian Schools) VRDO

1.620%

9/8/08

LOC

10,200

10,200

 

ABAG Finance Auth. for Non-Profit Corp. California (Zoological Society San Diego Zoo) VRDO

1.750%

9/8/08

LOC

34,825

34,825

1

Anaheim CA Public Finance Auth. Rev. TOB VRDO

1.910%

9/8/08

(4)

3,500

3,500

1

Anaheim CA Public Finance Auth. Rev. TOB VRDO

2.340%

9/8/08

 

6,995

6,995

 

Antelope Vallet (East Kern California) VRDO

1.450%

9/8/08

LOC

12,000

12,000

1

Arcadia CA USD TOB VRDO

1.940%

9/8/08

(4)

16,970

16,970

1

Bay Area Toll Auth. CA Toll Bridge Rev. TOB VRDO

1.730%

9/8/08

 

6,930

6,930

1

Bay Area Toll Auth. CA Toll Bridge Rev. TOB VRDO

1.740%

9/8/08

 

40,550

40,550

1

Bay Area Toll Auth. CA Toll Bridge Rev. TOB VRDO

1.740%

9/8/08

 

16,150

16,150

1

Bay Area Toll Auth. CA Toll Bridge Rev. TOB VRDO

1.740%

9/8/08

 

7,485

7,485

1

Bay Area Toll Auth. CA Toll Bridge Rev. TOB VRDO

1.810%

9/8/08

 

11,200

11,200

1

Bay Area Toll Auth. CA Toll Bridge Rev. TOB VRDO

1.820%

9/8/08

 

15,810

15,810

1

Bay Area Toll Auth. CA Toll Bridge Rev. TOB VRDO

2.050%

9/8/08

 

4,000

4,000

1

Bay Area Toll Auth. CA Toll Bridge Rev. TOB VRDO

2.050%

9/8/08

 

6,210

6,210

 

Bay Area Toll Auth. CA Toll Bridge Rev. VRDO

1.350%

9/8/08

 

20,000

20,000

 

Bay Area Toll Auth. CA Toll Bridge Rev. VRDO

1.530%

9/8/08

 

24,000

24,000

 

 

 

 

 

 

Bay Area Toll Auth. CA Toll Bridge Rev. VRDO

1.600%

9/8/08

 

7,400

7,400

 

Bay Area Toll Auth. CA Toll Bridge Rev. VRDO

1.750%

9/8/08

 

12,500

12,500

 

Bay Area Toll Auth. CA Toll Bridge Rev. VRDO

1.750%

9/8/08

 

8,235

8,235

 

Bay Area Toll Auth. CA Toll Bridge Rev. VRDO

1.750%

9/8/08

 

141,000

141,000

 

Bay Area Toll Auth. CA Toll Bridge Rev. VRDO

1.800%

9/8/08

 

25,000

25,000

 

Bay Area Toll Auth. CA Toll Bridge Rev. VRDO

1.800%

9/8/08

 

35,000

35,000

 

Bay Area Toll Auth. CA Toll Bridge Rev. VRDO

1.800%

9/8/08

 

18,000

18,000

 

Bay Area Toll Auth. CA Toll Bridge Rev. VRDO

1.800%

9/8/08

 

56,600

56,600

 

Berkeley CA Rev. (Berkeley-Albany YMCA) VRDO

1.570%

9/8/08

LOC

8,165

8,165

 

California Communities NT Program NT Participation (County of Riverside) TRAN

3.000%

6/30/09

 

58,250

58,896

1

California Dept. of Veteran Affairs TOB VRDO

1.830%

9/8/08

 

9,770

9,770

1

California Dept. of Water Resources Water System Rev. TOB VRDO

1.740%

9/8/08

 

5,000

5,000

1

California Educ. Fac. Auth. Rev. (California Institute of Technology) TOB VRDO

1.680%

9/8/08

(Prere.)

7,215

7,215

 

California Educ. Fac. Auth. Rev. (California Institute of Technology) VRDO

1.400%

9/8/08

 

20,000

20,000

 

California Educ. Fac. Auth. Rev. (California Institute of Technology) VRDO

1.600%

9/8/08

 

18,300

18,300

 

California Educ. Fac. Auth. Rev. (Pomona College) VRDO

1.550%

9/8/08

 

6,000

6,000

 

California Educ. Fac. Auth. Rev. (Pomona College) VRDO

1.550%

9/8/08

 

13,040

13,040

 

California Educ. Fac. Auth. Rev. (Stanford Univ.) CP

1.450%

2/5/09

 

33,000

33,000

 

California Educ. Fac. Auth. Rev. (Stanford Univ.) CP

1.500%

2/10/09

 

40,000

40,000

 

California Educ. Fac. Auth. Rev. (Stanford Univ.) CP

1.450%

2/11/09

 

40,000

40,000

 

California Educ. Fac. Auth. Rev. (Stanford Univ.) VRDO

1.950%

9/2/08

 

13,750

13,750

1

California Educ. Fac. Auth. Rev. (Stanford Univ.) VRDO

1.400%

9/8/08

 

7,565

7,565

1

California Educ. Fac. Auth. Rev. (Stanford Univ.) VRDO

1.400%

9/8/08

 

4,580

4,580

 

 

 

 

 

 

California Educ. Fac. Auth. Rev. (Stanford Univ.) VRDO

1.400%

9/8/08

 

15,468

15,468

 

California Educ. Fac. Auth. Rev. (Univ. of San Francisco) VRDO

1.650%

9/8/08

LOC

7,425

7,425

1

California Educ. Fac. Auth. Rev. (Univ. of Southern California) TOB VRDO

1.730%

9/8/08

 

24,750

24,750

1

California Educ. Fac. Auth. Rev. (Univ. of Southern California) TOB VRDO

1.820%

9/8/08

 

4,250

4,250

1

California Educ. Fac. Auth. Rev. TOB VRDO

1.740%

9/8/08

 

7,735

7,735

1

California Educ. Fac. Auth. Rev. TOB VRDO

1.810%

9/8/08

 

20,615

20,615

1

California Educ. Fac. Auth. Rev. TOB VRDO

1.820%

9/8/08

 

4,245

4,245

 

California GO (Kindergarten-Univ.) VRDO

2.010%

9/2/08

LOC

10,960

10,960

 

California GO (Kindergarten-Univ.) VRDO

2.500%

9/2/08

LOC

1,800

1,800

 

California GO CP

1.510%

10/7/08

 

40,000

40,000

 

California GO CP

1.550%

11/6/08

 

20,000

20,000

1

California GO TOB PUT

2.080%

12/29/08

(4)

14,825

14,825

1

California GO TOB VRDO

1.670%

9/8/08

(Prere.)

21,405

21,405

1

California GO TOB VRDO

1.680%

9/8/08

(Prere.)

10,740

10,740

1

California GO TOB VRDO

1.680%

9/8/08

(Prere.)

9,900

9,900

1

California GO TOB VRDO

1.740%

9/8/08

(Prere.)

8,740

8,740

1

California GO TOB VRDO

1.820%

9/8/08

(13)

9,355

9,355

1

California GO TOB VRDO

1.820%

9/8/08

(13)

9,200

9,200

1

California GO TOB VRDO

1.820%

9/8/08

(13)

2,500

2,500

1

California GO TOB VRDO

2.150%

9/8/08

(4)

25,000

25,000

1

California GO TOB VRDO

2.160%

9/8/08

(4)

18,465

18,465

 

California GO VRDO

2.100%

9/2/08

LOC

4,075

4,075

 

California GO VRDO

2.500%

9/2/08

LOC

5,000

5,000

 

California GO VRDO

1.350%

9/8/08

LOC

3,400

3,400

 

California GO VRDO

1.500%

9/8/08

LOC

39,300

39,300

 

California GO VRDO

1.550%

9/8/08

LOC

37,840

37,840

 

California GO VRDO

1.580%

9/8/08

LOC

22,500

22,500

 

California Health Fac. Finance Auth. Rev. (Adventist Health System West Sutter Health) VRDO

1.700%

9/8/08

LOC

7,900

7,900

 

California Health Fac. Finance Auth. Rev. (Adventist Health System West Sutter Health) VRDO

1.700%

9/8/08

LOC

11,800

11,800

 

California Health Fac. Finance Auth. Rev. (Catholic Healthcare West) VRDO

1.540%

9/8/08

LOC

29,615

29,615

 

California Health Fac. Finance Auth. Rev. (Catholic Healthcare West) VRDO

1.540%

9/8/08

LOC

5,350

5,350

 

 

 

 

 

 

California Health Fac. Finance Auth. Rev. (Catholic Healthcare West) VRDO

1.600%

9/8/08

LOC

58,300

58,300

 

California Health Fac. Finance Auth. Rev. (Lucile Salter Packard Hosp.) VRDO

1.430%

9/8/08

 

8,450

8,450

 

California Health Fac. Finance Auth. Rev. (Lucile Salter Packard Hosp.) VRDO

1.600%

9/8/08

 

5,850

5,850

 

California Health Fac. Finance Auth. Rev. (Lucile Salter Packard Hosp.) VRDO

1.600%

9/8/08

 

5,750

5,750

 

California Health Fac. Finance Auth. Rev. (Memorial Health Services) VRDO

1.900%

9/8/08

 

77,075

77,075

 

California Health Fac. Finance Auth. Rev. (Pitzer College) VRDO

1.550%

9/8/08

LOC

7,250

7,250

 

California Health Fac. Finance Auth. Rev. (Scripps Health) VRDO

1.540%

9/8/08

LOC

4,900

4,900

 

California Health Fac. Finance Auth. Rev. (Scripps Health) VRDO

1.540%

9/8/08

LOC

4,100

4,100

 

California Health Fac. Finance Auth. Rev. (Stanford Hospital) PUT

1.800%

6/15/09

 

30,000

30,000

 

California Health Fac. Finance Auth. Rev. (Stanford Hospital) VRDO

1.500%

9/8/08

 

41,600

41,600

1

California Health Fac. Finance Auth. Rev. TOB VRDO

1.810%

9/8/08

 

11,630

11,630

1

California Health Fac. Finance Auth. Rev. TOB VRDO

1.860%

9/8/08

 

4,700

4,700

1

California Housing Finance Agency Auth. TOB VRDO

1.860%

9/8/08

 

13,315

13,315

1

California Housing Finance Agency Auth. TOB VRDO

1.860%

9/8/08

 

12,185

12,185

1

California Housing Finance Agency Auth. TOB VRDO

1.860%

9/8/08

 

5,160

5,160

 

California Housing Finance Agency Home Mortgage Rev. (Multi-Family Housing III) VRDO

2.600%

9/2/08

 

9,400

9,400

 

California Housing Finance Agency Home Mortgage Rev. (Multi-Family Housing III) VRDO

1.780%

9/8/08

 

6,700

6,700

 

California Housing Finance Agency Home Mortgage Rev. (Multi-Family Housing III) VRDO

1.780%

9/8/08

 

21,600

21,600

 

California Housing Finance Agency Home Mortgage Rev. VRDO

2.200%

9/2/08

 

30,000

30,000

 

California Housing Finance Agency Home Mortgage Rev. VRDO

2.200%

9/2/08

 

39,715

39,715

 

California Housing Finance Agency Home Mortgage Rev. VRDO

2.250%

9/2/08

 

33,700

33,700

 

 

 

 

 

 

California Housing Finance Agency Home Mortgage Rev. VRDO

2.600%

9/2/08

 

7,300

7,300

 

California Housing Finance Agency Home Mortgage Rev. VRDO

1.650%

9/8/08

 

20,560

20,560

 

California Housing Finance Agency Home Mortgage Rev. VRDO

1.650%

9/8/08

 

15,000

15,000

 

California Housing Finance Agency Home Mortgage Rev. VRDO

1.750%

9/8/08

 

72,700

72,700

 

California Housing Finance Agency Home Mortgage Rev. VRDO

1.770%

9/8/08

 

16,115

16,115

 

California Housing Finance Agency Home Mortgage Rev. VRDO

1.770%

9/8/08

 

54,655

54,655

 

California Housing Finance Agency Home Mortgage Rev. VRDO

1.800%

9/8/08

(4)

3,400

3,400

 

California Housing Finance Agency Home Mortgage Rev. VRDO

1.800%

9/8/08

(4)

4,200

4,200

 

California Housing Finance Agency Home Mortgage Rev. VRDO

1.980%

9/8/08

 

58,195

58,195

1

California Housing Finance Agency Home Mortgage TOB VRDO

1.990%

9/8/08

 

7,500

7,500

 

California Housing Finance Agency Home Mortgage VRDO

2.600%

9/2/08

 

23,520

23,520

 

California Housing Finance Agency Single Family Mortgage Rev. VRDO

1.770%

9/8/08

 

58,400

58,400

 

California Housing Finance Agency Single Family Mortgage Rev. VRDO

1.770%

9/8/08

 

41,365

41,365

 

California Housing Finance Agency Single Family Mortgage Rev. VRDO

1.800%

9/8/08

 

49,170

49,170

 

California Housing Finance Agency Single Family Mortgage Rev. VRDO

1.980%

9/8/08

 

7,250

7,250

 

California Infrastructure & Econ. Dev. Bank Rev. (California Academy of Sciences) VRDO

2.050%

9/2/08

LOC

11,060

11,060

 

California Infrastructure & Econ. Dev. Bank Rev. (California Academy of Sciences) VRDO

2.050%

9/2/08

LOC

8,200

8,200

 

California Infrastructure & Econ. Dev. Bank Rev. (California Academy of Sciences) VRDO

2.050%

9/2/08

LOC

4,700

4,700

 

California Infrastructure & Econ. Dev. Bank Rev. (California Academy of Sciences) VRDO

2.050%

9/2/08

LOC

5,200

5,200

 

California Infrastructure & Econ. Dev. Bank Rev. (California Academy of Sciences) VRDO

2.050%

9/2/08

LOC

9,795

9,795

 

California Infrastructure & Econ. Dev. Bank Rev. (J. Paul Getty Trust) VRDO

2.350%

9/2/08

 

39,925

39,925

 

 

 

 

 

 

California Infrastructure & Econ. Dev. Bank Rev. (J. Paul Getty Trust) VRDO

2.100%

9/2/08

 

31,725

31,725

 

California Infrastructure & Econ. Dev. Bank Rev. (J. Paul Getty Trust) VRDO

2.100%

9/2/08

 

22,975

22,975

 

California Infrastructure & Econ. Dev. Bank Rev. (Los Angeles County Museum) VRDO

2.100%

9/2/08

LOC

7,300

7,300

 

California Infrastructure & Econ. Dev. Bank Rev. (Orange County Performing) VRDO

1.450%

9/8/08

LOC

20,000

20,000

 

California Infrastructure & Econ. Dev. Bank Rev. (Orange County Performing) VRDO

1.700%

9/8/08

LOC

5,760

5,760

 

California Infrastructure & Econ. Dev. Bank Rev. (Prinsco Inc. Project) VRDO

1.950%

9/8/08

LOC

10,000

10,000

 

California Infrastructure & Econ. Dev. Bank Rev. (Rand Corp.) VRDO

1.700%

9/8/08

LOC

5,100

5,100

 

California Infrastructure & Econ. Dev. Bank Rev. (San Fransisco Ballet) VRDO

2.050%

9/2/08

LOC

16,400

16,400

 

California Infrastructure & Econ. Dev. Bank Rev. PUT

1.700%

4/1/09

 

8,800

8,800

 

California Infrastructure & Econ. Dev. Bank Rev. PUT

1.700%

4/1/09

 

12,000

12,000

 

California Infrastructure & Econ. Dev. Bank Rev. PUT

1.700%

4/1/09

 

17,000

17,000

 

California Infrastructure & Econ. Dev. Bank Rev. PUT

1.700%

4/1/09

 

6,000

6,000

1

California Infrastructure & Econ. Dev. Bank Rev. TOB VRDO

1.820%

9/8/08

ETM(Prere.)

5,945

5,945

1

California Infrastructure & Econ. Dev. Bank Rev. TOB VRDO

1.830%

9/8/08

(Prere.)

16,840

16,840

1

California Infrastructure & Econ. Dev. Bank Rev. TOB VRDO

1.860%

9/8/08

(Prere.)

37,575

37,575

1

California Infrastructure & Econ. Dev. Bank Rev. TOB VRDO

1.860%

9/8/08

(Prere.)

50,335

50,335

 

California Muni. Financing Auth. Exempt Facs. Rev. (Exxon Mobil) VRDO

2.260%

9/2/08

 

29,305

29,305

 

California Muni. Financing Auth. Rev. (La Sierra Univ.) VRDO

1.570%

9/8/08

LOC

6,000

6,000

1

California Public Works Board Lease Rev. TOB VRDO

1.900%

9/8/08

(Prere.)

9,985

9,985

 

California School Cash Reserve Program Auth. Pool COP

3.000%

7/6/09

LOC

50,000

50,564

 

California State Dept. of Water Resources Power Supply Rev.

5.500%

5/1/09

 

10,000

10,246

 

 

 

 

 

 

California State Dept. of Water Resources Power Supply Rev. VRDO

2.100%

9/2/08

LOC

14,210

14,210

 

California State Dept. of Water Resources Power Supply Rev. VRDO

2.100%

9/2/08

LOC

44,900

44,900

 

California State Dept. of Water Resources Power Supply Rev. VRDO

1.400%

9/8/08

LOC

3,500

3,500

 

California State Dept. of Water Resources Power Supply Rev. VRDO

1.530%

9/8/08

LOC

16,640

16,640

 

California State Dept. of Water Resources Power Supply Rev. VRDO

1.580%

9/8/08

LOC

41,730

41,730

 

California State Dept. of Water Resources Power Supply Rev. VRDO

1.830%

9/8/08

LOC

108,900

108,900

 

California State Dept. of Water Resources Power Supply Rev. VRDO

1.900%

9/8/08

LOC

5,195

5,195

 

California State Econ. Recovery Bonds

3.000%

1/1/09

 

100,505

101,183

 

California State Econ. Recovery Bonds

5.000%

1/1/09

 

7,190

7,286

 

California State Econ. Recovery Bonds

5.000%

7/1/09

 

22,000

22,569

 

California State Econ. Recovery Bonds

5.000%

7/1/09

 

12,855

13,208

1

California State Econ. Recovery Bonds TOB VRDO

1.820%

9/8/08

 

5,000

5,000

 

California State Econ. Recovery Bonds VRDO

2.010%

9/2/08

 

12,650

12,650

 

California State Econ. Recovery Bonds VRDO

1.450%

9/8/08

LOC

28,200

28,200

 

California State Univ. Institute CP

1.580%

10/8/08

LOC

7,500

7,500

 

California State Univ. Institute CP

1.400%

12/2/08

LOC

6,455

6,455

1

California State Univ. Rev. Systemwide TOB VRDO

2.050%

9/8/08

(4)

8,950

8,950

1

California State Univ. Rev. Systemwide TOB VRDO

2.420%

9/8/08

(4)

6,700

6,700

1

California State Univ. TOB VRDO

1.810%

9/8/08

(13)

42,420

42,420

1

California State Univ. TOB VRDO

1.820%

9/8/08

(13)

19,925

19,925

1

California State Univ. TOB VRDO

2.300%

9/8/08

(4)

67,455

67,455

1

California Statewide Communities Dev. Auth. PUT

2.600%

11/19/08

 

4,325

4,326

1

California Statewide Community Dev. Auth. Multifamily Housing TOB VRDO

1.830%

9/8/08

 

34,450

34,450

1

California Statewide Community Dev. Auth. Multifamily Housing TOB VRDO

1.890%

9/8/08

 

13,930

13,930

 

 

 

 

 

 

California Statewide Community Dev. Auth. Multifamily Rev. (Knoll Apartments) VRDO

1.970%

9/8/08

LOC

12,715

12,715

 

California Statewide Community Dev. Auth. Multifamily Rev. (Valley Palms Apartments) VRDO

1.970%

9/8/08

LOC

13,500

13,500

 

California Statewide Community Dev. Auth. Rev. (American Baptist Homes West) VRDO

1.600%

9/8/08

LOC

7,100

7,100

 

California Statewide Community Dev. Auth. Rev. (Azusa Pacific Univ. Project) VRDO

1.700%

9/8/08

LOC

20,000

20,000

 

California Statewide Community Dev. Auth. Rev. (Childrens Hosp.) VRDO

1.750%

9/8/08

LOC

25,000

25,000

 

California Statewide Community Dev. Auth. Rev. (Health Fac. Catholic) VRDO

1.540%

9/8/08

LOC

40,000

40,000

 

California Statewide Community Dev. Auth. Rev. (John Muir Health Services) VRDO

2.050%

9/2/08

LOC

10,800

10,800

 

California Statewide Community Dev. Auth. Rev. (John Muir Health Services) VRDO

2.350%

9/2/08

LOC

17,900

17,900

 

California Statewide Community Dev. Auth. Rev. (Kaiser Permanente) VRDO

1.460%

9/8/08

 

26,800

26,800

 

California Statewide Community Dev. Auth. Rev. (Kaiser Permanente) VRDO

1.600%

9/8/08

 

21,300

21,300

 

California Statewide Community Dev. Auth. Rev. (Rady Children's Hosp.) VRDO

1.430%

9/8/08

LOC

7,100

7,100

 

California Statewide Community Dev. Auth. Rev. (Touro Univ. Project) VRDO

1.750%

9/8/08

LOC

2,000

2,000

 

California Statewide Community Dev. Auth. Rev. (Univ. of San Diego) VRDO

1.700%

9/8/08

LOC

18,415

18,415

1

California Statewide Community Dev. Auth. Rev. COP TOB VRDO

1.910%

9/8/08

(4)

10,595

10,595

1

California Statewide Community Dev. Auth. Rev. TOB VRDO

1.810%

9/8/08

 

34,465

34,465

1

California Statewide Community Dev. Auth. Rev. TOB VRDO

1.870%

9/8/08

(13)

11,250

11,250

 

California Statewide Community Dev. Auth. Rev. VRDO

1.430%

9/8/08

LOC

18,000

18,000

 

California Statewide Community Dev. Auth. Rev. VRDO

1.550%

9/8/08

LOC

9,500

9,500

 

California Statewide Community Dev. Auth. Rev. VRDO

1.600%

9/8/08

 

42,275

42,275

 

California Statewide Community Dev. Auth. Rev. VRDO

1.650%

9/8/08

LOC

15,000

15,000

 

 

 

 

 

 

Calleguas-Las Virgines CA Public Financing Auth. Rev. (Muni Water Dist. Project) VRDO

1.450%

9/8/08

LOC

8,825

8,825

 

Castaic Lake CA Water Agency Rev. COP VRDO

1.550%

9/8/08

LOC

4,600

4,600

 

Central Basin Muni. Water Dist. CA COP VRDO

1.540%

9/8/08

LOC

3,200

3,200

1

Chaffey CA Community College Dist. TOB VRDO

2.010%

9/8/08

 

9,815

9,815

 

Contra Costa CA Housing Finance Agency Home Mortgage Rev. (Park Regency) VRDO

1.750%

9/8/08

LOC

42,200

42,200

 

Contra Costa County CA MFH Pleasant Hill PUT

1.810%

9/8/08

LOC

33,800

33,800

 

Dublin San Ramon CA Services Dist. East Bay Muni. Util. Dist. Recycled Water Auth. CP

1.400%

9/10/08

LOC

45,000

45,000

 

East Bay CA Muni. Util. Dist. Waste Water System Rev. VRDO

1.450%

9/8/08

 

10,000

10,000

 

East Bay CA Muni. Util. Dist. Waste Water System Rev. VRDO

1.450%

9/8/08

 

10,000

10,000

 

East Bay CA Muni. Util. Dist. Waste Water System Rev. VRDO

1.510%

9/8/08

 

6,925

6,925

 

East Bay CA Muni. Util. Dist. Waste Water System Rev. VRDO

1.570%

9/8/08

 

6,900

6,900

 

East Bay CA Muni. Util. Dist. Water System Rev. CP

1.500%

10/6/08

 

17,000

17,000

 

East Bay CA Muni. Util. Dist. Water System Rev. CP

1.450%

10/9/08

 

70,600

70,600

1

East Bay CA Muni. Util. Dist. Water System Rev. TOB VRDO

1.900%

9/8/08

(4)

19,800

19,800

1

East Bay CA Muni. Util. Dist. Water System Rev. TOB VRDO

1.900%

9/8/08

(4)

37,800

37,800

 

East Bay CA Muni. Util. Dist. Water System Rev. VRDO

1.350%

9/8/08

 

49,220

49,220

 

Eastern California Muni. Water. Dist. Water & Sewer Rev. VRDO

1.550%

9/8/08

 

8,130

8,130

 

Eastern California Muni. Water. Dist. Water & Sewer Rev. VRDO

1.570%

9/8/08

 

19,000

19,000

 

Eastern California Muni. Water. Dist. Water & Sewer Rev. VRDO

1.570%

9/8/08

 

8,800

8,800

 

Eastern California Muni. Water. Dist. Water & Sewer Rev. VRDO

1.630%

9/8/08

 

11,700

11,700

 

Eastern California Muni. Water. Dist. Water & Sewer Rev. VRDO

1.630%

9/8/08

 

10,600

10,600

 

Eastern California Muni. Water. Dist. Water & Sewer Rev. VRDO

1.650%

9/8/08

 

34,000

34,000

 

Eastern California Muni. Water. Dist. Water & Sewer Rev. VRDO

1.700%

9/8/08

 

34,000

34,000

1

El Monte CA High School Dist. TOB VRDO

2.200%

9/8/08

(4)

10,790

10,790

 

 

 

 

 

 

Escondido CA Community Dev. COP (Escondido Community Dev.) VRDO

1.950%

9/8/08

LOC

8,600

8,600

 

Evergreen CA School Dist. GO

5.625%

9/1/08

(Prere.)

6,300

6,363

1

Fresno CA Sewer Rev. TOB VRDO

1.820%

9/8/08

(12)

25,475

25,475

 

Fresno County CA TRAN

3.000%

6/30/09

 

30,000

30,335

1

Golden West Schools Funding Auth. CA TOB VRDO

1.990%

9/8/08

 

7,210

7,210

1

Hacienda La Puente CA USD TOB VRDO

2.490%

9/8/08

(4)

7,515

7,515

1

Huntington Beach CA Union High School Dist. GO TOB VRDO

2.050%

9/8/08

(4)

6,885

6,885

 

Irvine CA Assessment Dist. Improvement Bonds (Northwest Irvine) VRDO

2.250%

9/2/08

LOC

9,665

9,665

 

Irvine CA Assessment Dist. Improvement Bonds (Oak Creek) VRDO

2.250%

9/2/08

LOC

9,200

9,200

 

Irvine CA Assessment Dist. Improvement Bonds VRDO

2.250%

9/2/08

LOC

14,328

14,328

 

Irvine CA Ranch Water Dist. Rev. VRDO

1.990%

9/2/08

LOC

5,600

5,600

 

Kern County CA TRAN

3.000%

6/30/09

 

25,000

25,285

1

Long Beach CA Harbor Rev. TOB VRDO

1.850%

9/8/08

(13)

21,590

21,590

1

Long Beach CA Harbor Rev. TOB VRDO

1.870%

9/8/08

LOC

7,685

7,685

1

Long Beach CA Harbor Rev. TOB VRDO

2.490%

9/8/08

 

9,745

9,745

 

Long Beach CA Water Rev. CP

1.550%

11/7/08

 

8,000

8,000

1

Los Angeles CA Community College Dist. GO TOB VRDO

1.910%

9/8/08

(4)

6,500

6,500

1

Los Angeles CA Community College Dist. GO TOB VRDO

2.050%

9/8/08

(4)

5,750

5,750

 

Los Angeles CA Community Redev. Agency COP (Baldwin Hills Public Park) VRDO

1.600%

9/8/08

LOC

13,200

13,200

 

Los Angeles CA Community Redev. Agency Multifamily Housing Rev. (Hollywood & Vine Apartments) VRDO

1.970%

9/8/08

 

25,000

25,000

1

Los Angeles CA Community Redev. Agency Multifamily Housing Rev. (The Alexandria) TOB VRDO

1.830%

9/8/08

 

20,390

20,390

 

Los Angeles CA Dept. of Airports International Airport CP

1.500%

9/9/08

LOC

7,000

7,000

 

Los Angeles CA Dept. of Airports International Airport CP

1.550%

9/10/08

LOC

20,200

20,200

1

Los Angeles CA Dept. of Airports International Airport Rev. TOB VRDO

1.890%

9/8/08

 

5,530

5,530

 

Los Angeles CA Dept. of Airports International Airport Rev. VRDO

1.520%

9/8/08

LOC

20,000

20,000

 

 

 

 

 

 

Los Angeles CA Dept. of Water & Power Rev.

5.000%

7/1/09

 

5,650

5,804

 

Los Angeles CA Dept. of Water & Power Rev. CP

1.530%

9/10/08

 

10,000

10,000

1

Los Angeles CA Dept. of Water & Power Rev. TOB VRDO

1.900%

9/8/08

(4)

7,000

7,000

1

Los Angeles CA Dept. of Water & Power Rev. TOB VRDO

1.910%

9/8/08

(4)

25,000

25,000

1

Los Angeles CA Dept. of Water & Power Rev. TOB VRDO

1.940%

9/8/08

(4)

15,560

15,560

1

Los Angeles CA Dept. of Water & Power Rev. TOB VRDO

1.940%

9/8/08

(4)

5,050

5,050

1

Los Angeles CA Dept. of Water & Power Rev. TOB VRDO

2.240%

9/8/08

 

8,350

8,350

 

Los Angeles CA Dept. of Water & Power Rev. VRDO

1.450%

9/8/08

 

53,850

53,850

 

Los Angeles CA Dept. of Water & Power Rev. VRDO

1.450%

9/8/08

 

43,000

43,000

 

Los Angeles CA Dept. of Water & Power Rev. VRDO

1.550%

9/8/08

 

20,000

20,000

 

Los Angeles CA Dept. of Water & Power Rev. VRDO

1.550%

9/8/08

 

35,130

35,130

 

Los Angeles CA Dept. of Water & Power Rev. VRDO

1.550%

9/8/08

 

51,300

51,300

 

Los Angeles CA Multifamily Housing Rev. (Fountain Park) VRDO

1.850%

9/8/08

LOC

18,468

18,468

 

Los Angeles CA Multifamily Housing Rev. (San Regis) VRDO

1.930%

9/8/08

LOC

23,600

23,600

 

Los Angeles CA Single Family Mortgage Rev. VRDO

1.800%

9/8/08

 

12,935

12,935

1

Los Angeles CA TOB VRDO

1.910%

9/8/08

(4)

12,710

12,710

 

Los Angeles CA TRAN

3.000%

6/30/09

 

65,000

65,769

 

Los Angeles CA USD (Belmont Learning Complex) VRDO

1.450%

9/8/08

LOC

20,200

20,200

 

Los Angeles CA USD COP VRDO

1.700%

9/8/08

LOC

15,000

15,000

1

Los Angeles CA USD GO TOB VRDO

1.900%

9/8/08

(4)

12,050

12,050

1

Los Angeles CA USD GO TOB VRDO

1.910%

9/8/08

(4)

51,975

51,975

1

Los Angeles CA USD GO TOB VRDO

1.910%

9/8/08

(4)

6,800

6,800

1

Los Angeles CA USD GO TOB VRDO

1.960%

9/8/08

(4)

14,730

14,730

1

Los Angeles CA USD GO TOB VRDO

2.190%

9/8/08

 

10,025

10,025

 

Los Angeles CA USD TRAN

4.000%

12/29/08

 

50,000

50,131

 

Los Angeles CA USD TRAN

3.000%

7/30/09

 

102,000

103,356

 

Los Angeles CA Wastewater System Rev. CP

1.470%

12/9/08

 

30,000

30,000

1

Los Angeles CA Wastewater System Rev. TOB VRDO

1.900%

9/8/08

(4)

32,750

32,750

 

 

 

 

 

1

Los Angeles CA Wastewater System Rev. TOB VRDO

1.910%

9/8/08

(4)

17,025

17,025

1

Los Angeles CA Wastewater System Rev. TOB VRDO

1.990%

9/8/08

 

29,035

29,035

1

Los Angeles CA Wastewater System Rev. TOB VRDO

2.000%

9/8/08

 

19,730

19,730

1

Los Angeles CA Wastewater System Rev. TOB VRDO

2.000%

9/8/08

 

25,000

25,000

 

Los Angeles CA Wastewater System Rev. VRDO

1.550%

9/8/08

LOC

8,600

8,600

 

Los Angeles CA Wastewater System Rev. VRDO

1.580%

9/8/08

LOC

11,730

11,730

 

Los Angeles CA Wastewater System Rev. VRDO

1.750%

9/8/08

LOC

25,000

25,000

 

Los Angeles CA Wastewater System Rev. VRDO

1.780%

9/8/08

LOC

8,780

8,780

 

Los Angeles CA Wastewater System Rev. VRDO

1.900%

9/8/08

LOC

14,440

14,440

 

Los Angeles County CA Housing Auth. Multifamily Housing Rev. VRDO

1.600%

9/8/08

LOC

12,500

12,500

 

Los Angeles County CA Housing Auth. Multifamily Housing Rev. VRDO

1.950%

9/8/08

LOC

6,205

6,205

 

Los Angeles County CA Metro. Transp. Auth. CP

1.470%

12/9/08

 

10,000

10,000

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/08

 

6,225

6,253

 

Los Angeles County CA TRAN

3.000%

6/30/09

 

82,500

83,456

 

Manteca CA Redev. Agency Tax Allocation Rev. VRDO

2.300%

9/2/08

LOC

5,550

5,550

1

Metro. Water Dist. of Southern California Rev. TOB VRDO

1.730%

9/8/08

 

38,950

38,950

1

Metro. Water Dist. of Southern California Rev. TOB VRDO

1.740%

9/8/08

 

20,750

20,750

1

Metro. Water Dist. of Southern California Rev. TOB VRDO

1.780%

9/8/08

 

8,750

8,750

 

Metro. Water Dist. of Southern California Rev. VRDO

2.400%

9/2/08

 

13,500

13,500

 

Metro. Water Dist. of Southern California Rev. VRDO

1.650%

9/8/08

 

27,000

27,000

 

Metro. Water Dist. of Southern California Rev. VRDO

1.420%

9/8/08

 

10,400

10,400

 

Metro. Water Dist. of Southern California Rev. VRDO

1.450%

9/8/08

 

19,000

19,000

 

Metro. Water Dist. of Southern California Rev. VRDO

1.480%

9/8/08

 

19,740

19,740

 

Metro. Water Dist. of Southern California Rev. VRDO

1.510%

9/8/08

 

36,000

36,000

 

Metro. Water Dist. of Southern California Rev. VRDO

1.550%

9/8/08

 

19,300

19,300

 

 

 

 

 

 

Metro. Water Dist. of Southern California Rev. VRDO

1.550%

9/8/08

 

31,875

31,875

 

Metro. Water Dist. of Southern California Rev. VRDO

1.550%

9/8/08

 

34,215

34,215

 

Metro. Water Dist. of Southern California Rev. VRDO

1.550%

9/8/08

 

6,440

6,440

 

Metro. Water Dist. of Southern California Rev. VRDO

1.570%

9/8/08

 

47,400

47,400

 

Metro. Water Dist. of Southern California Rev. VRDO

1.580%

9/8/08

 

36,325

36,325

 

Metro. Water Dist. of Southern California Rev. VRDO

1.600%

9/8/08

 

24,865

24,865

 

Mission Viejo CA Community Dev. Financing Auth. (Mission Viejo Mall Improvement) VRDO

1.600%

9/8/08

LOC

26,700

26,700

 

Mt. Diablo CA USD TRAN

4.000%

11/29/08

 

10,000

10,017

1

Natomas CA USD GO TOB VRDO

1.870%

9/8/08

(13)

8,710

8,710

1

New Haven CA USD TOB VRDO

1.890%

9/8/08

LOC

10,726

10,726

 

Newport Beach CA Rev. (Hoag Memorial Hosp.) PUT

1.800%

6/1/09

 

61,800

61,800

 

Newport Beach CA Rev. (Hoag Memorial Hosp.) VRDO

1.530%

9/8/08

 

24,095

24,095

1

Oakland CA Redev. Agency Tax Allocation (Central Dist.) VRDO

1.820%

9/8/08

LOC

13,710

13,710

 

Oceanside CA Multifamily Housing Rev. (Lakeridge Apartments) VRDO

1.750%

9/8/08

LOC

38,620

38,620

 

Orange County CA CP

1.500%

11/3/08

 

21,000

21,000

 

Orange County CA Sanitation Dist. COP VRDO

2.100%

9/2/08

 

114,675

114,675

 

Orange County CA Teeter Plan Notes

3.000%

6/30/09

 

35,600

35,650

 

Orange County CA Water Dist. COP VRDO

1.540%

9/8/08

 

25,000

25,000

 

Otay CA Water Dist. (Capital Project) COP VRDO

1.630%

9/8/08

LOC

9,100

9,100

1

Palmdale CA Community Redev. Agency Single Family Mortgage TOB VRDO

2.000%

9/8/08

(Prere.)

5,775

5,775

1

Placentia-Yorba Linda CA USD Rev. TOB VRDO

1.810%

9/8/08

 

16,240

16,240

 

Port of Oakland CA CP

1.440%

10/1/08

LOC

26,405

26,405

 

Rancho CA Water Dist. Finance Auth. Rev. VRDO

1.900%

9/8/08

LOC

10,500

10,500

1

Rancho Santiago CA Community College Dist. TOB VRDO

2.050%

9/8/08

(4)

22,930

22,930

 

Riverside CA CTFS Partner VRDO

1.750%

9/8/08

LOC

19,500

19,500

1

Riverside CA Electric Rev. TOB VRDO

1.910%

9/8/08

(4)

5,000

5,000

1

Riverside CA Electric Rev. TOB VRDO

2.090%

9/8/08

(4)

4,500

4,500

 

Riverside CA Electric Rev. VRDO

1.700%

9/8/08

LOC

70,000

70,000

 

Riverside CA Electric Rev. VRDO

1.700%

9/8/08

LOC

14,900

14,900

 

 

 

 

 

1

Riverside CA Water Rev. TOB VRDO

1.780%

9/8/08

(4)

9,640

9,640

 

Riverside CA Water Rev. VRDO

1.700%

9/8/08

 

13,400

13,400

 

Riverside County CA CP

1.470%

10/6/08

 

18,000

18,000

 

Riverside County CA CP

1.630%

11/5/08

 

13,000

13,000

 

Riverside County CA Public Fac. Project VRDO

1.580%

9/8/08

LOC

9,900

9,900

 

Roseville CA Electric System Rev. COP VRDO

1.600%

9/8/08

LOC

17,500

17,500

1

Sacramento CA Housing Auth. Multifamily Rev. TOB VRDO

1.820%

9/8/08

 

9,435

9,435

 

Sacramento CA Muni. Util. Dist. Rev. CP

1.470%

10/9/08

 

6,500

6,500

1

Sacramento CA Muni. Util. Dist. Rev. TOB VRDO

2.140%

9/8/08

(4)

13,510

13,510

1

Sacramento CA Muni. Util. Dist. Rev. TOB VRDO

2.160%

9/8/08

(4)

15,925

15,925

1

Sacramento CA Muni. Util. Dist. Rev. TOB VRDO

2.200%

9/8/08

(4)

5,290

5,290

 

Sacramento CA Muni. Util. Dist. Rev. VRDO

1.620%

9/8/08

LOC

18,650

18,650

 

Sacramento CA Suburban Water Dist. COP VRDO

1.540%

9/8/08

LOC

6,200

6,200

 

Sacramento County CA (Administration Center & Courthouse) VRDO

1.750%

9/8/08

LOC

25,925

25,925

1

Sacramento County CA Sanitation Dist. Financing Auth. Rev. TOB VRDO

1.820%

9/8/08

LOC

3,025

3,025

1

Sacramento County CA Sanitation Dist. Financing Auth. TOB VRDO

2.010%

9/8/08

 

15,335

15,335

 

Sacramento County CA Sanitation Dist. Financing Auth. VRDO

1.500%

9/8/08

LOC

5,000

5,000

1

San Bernardino CA Community College Dist. TOB VRDO

1.960%

9/8/08

(4)

7,285

7,285

1

San Diego CA Community College Dist. GO TOB VRDO

1.910%

9/8/08

(4)

37,985

37,985

1

San Diego CA Community College Dist. GO TOB VRDO

1.910%

9/8/08

(4)

6,230

6,230

1

San Diego CA Community College Dist. GO TOB VRDO

1.960%

9/8/08

(4)

10,350

10,350

1

San Diego CA Community College Dist. GO TOB VRDO

2.050%

9/8/08

(4)

20,570

20,570

1

San Diego CA Community College Dist. GO TOB VRDO

2.050%

9/8/08

(4)

8,365

8,365

 

San Diego CA Housing Auth. Multifamily Housing Rev. (Bay Vista Apartments Projects) VRDO

1.970%

9/8/08

 

4,890

4,890

 

San Diego CA Housing Auth. Multifamily Housing Rev. (Canyon Rim Apartments) VRDO

1.970%

9/8/08

LOC

32,440

32,440

1

San Diego CA USD TOB VRDO

1.910%

9/8/08

(4)

8,455

8,455

 

 

 

 

 

1

San Diego CA Water Auth. Rev. COP TOB VRDO

1.940%

9/8/08

(4)

9,120

9,120

1

San Diego CA Water Auth. Rev. COP TOB VRDO

1.940%

9/8/08

(4)

12,665

12,665

 

San Diego County CA Water Auth. CP

1.530%

9/10/08

 

10,000

10,000

 

San Diego County CA Water Auth. CP

1.550%

10/8/08

 

5,000

5,000

 

San Diego County CA Water Auth. CP

1.500%

2/5/09

 

13,200

13,200

 

San Diego County CA Water Auth. CP

1.580%

2/13/09

 

20,000

20,000

1

San Diego County CA Water Auth. Rev. COP TOB VRDO

1.840%

9/8/08

(4)

16,900

16,900

1

San Diego County CA Water Auth. Rev. TOB VRDO

1.910%

9/8/08

(4)

9,800

9,800

1

San Diego County CA Water Auth. TOB VRDO

1.910%

9/8/08

(4)

9,145

9,145

1

San Diego County CA Water Auth. TOB VRDO

1.910%

9/8/08

(4)

7,500

7,500

1

San Diego County CA Water Auth. TOB VRDO

1.910%

9/8/08

(4)

9,750

9,750

1

San Francisco CA Bay Area Rapid Transit Dist. Sales Tax Rev. TOB VRDO

2.190%

9/8/08

 

13,595

13,595

1

San Francisco CA Bay Area Rapid Transit Rev. TOB VRDO

1.740%

9/8/08

 

9,975

9,975

1

San Francisco CA Bay Area Rapid Transit Rev. TOB VRDO

1.810%

9/8/08

 

9,385

9,385

1

San Francisco CA Bay Area Rapid Transit Rev. TOB VRDO

1.810%

9/8/08

 

6,170

6,170

 

San Francisco CA City & County GO

4.000%

6/15/09

 

44,595

45,409

 

San Francisco CA City & County International Airport Rev. VRDO

1.870%

9/8/08

LOC

21,750

21,750

 

San Francisco CA City & County International Airport Rev. VRDO

1.900%

9/8/08

(4)

20,000

20,000

 

San Francisco CA City & County Redev. Agency Multifamily Rev. VRDO

2.000%

9/8/08

 

15,200

15,200

1

San Francisco CA City & County TOB VRDO

1.960%

9/8/08

(4)

4,340

4,340

1

San Francisco CA City & County TOB VRDO

2.340%

9/8/08

(4)

4,995

4,995

 

San Joaquin County CA Transp. Auth. Sales Tax Rev. CP

1.670%

11/6/08

LOC

50,000

50,000

 

San Jose CA Financing Auth. Lease Rev. CP

1.480%

11/5/08

LOC

38,721

38,721

 

San Jose CA Financing Auth. Lease Rev. VRDO

1.400%

9/8/08

LOC

6,000

6,000

 

San Jose CA Redev. Agency VRDO

1.810%

9/8/08

LOC

15,100

15,100

 

 

 

 

 

 

San Jose CA Redev. Agency VRDO

1.950%

9/8/08

LOC

9,200

9,200

1

San Jose CA Uni. Sch. Dist. Santa Clara Cnty. TOB VRDO

1.780%

9/8/08

 

7,500

7,500

1

San Jose Evergreen CA Community College Dist. TOB VRDO

2.060%

9/8/08

(4)

6,800

6,800

1

San Mateo County CA Community College Dist. TOB VRDO

1.740%

9/8/08

 

22,830

22,830

1

San Mateo County CA Community College Dist. TOB VRDO

1.810%

9/8/08

 

8,405

8,405

1

San Mateo County CA Community College Dist. TOB VRDO

1.820%

9/8/08

 

11,660

11,660

1

San Ramon Valley CA USD GO TOB VRDO

1.960%

9/8/08

(4)

5,135

5,135

 

Santa Ana CA Finance Auth. Rev. VRDO

2.150%

9/2/08

LOC

5,600

5,600

 

Santa Clara CA Electric Rev. VRDO

1.630%

9/8/08

LOC

27,300

27,300

 

Santa Clara CA USD

5.000%

7/1/09

 

5,430

5,579

 

Santa Clara County CA Financing Auth. Lease Rev. (VMC Facilities Replacement Project) VRDO

1.650%

9/8/08

 

11,335

11,335

 

Santa Clara Valley CA Transp. Auth. Sales Tax Rev. VRDO

1.430%

9/8/08

 

28,805

28,805

 

Santa Clara Valley CA Transp. Auth. Sales Tax Rev. VRDO

1.430%

9/8/08

 

33,765

33,765

 

Santa Clara Valley CA Transp. Auth. Sales Tax Rev. VRDO

1.600%

9/8/08

 

12,500

12,500

 

Santa Clara Valley CA Transp. Auth. Sales Tax Rev. VRDO

1.650%

9/8/08

 

8,200

8,200

 

Santa Clara Valley CA Transp. Auth. Sales Tax Rev. VRDO

1.650%

9/8/08

 

23,060

23,060

 

Santa Clara Valley CA Transp. Auth. Sales Tax Rev. VRDO

1.700%

9/8/08

 

29,475

29,475

 

Santa Clara Valley CA Transp. Auth. Sales Tax Rev. VRDO

1.750%

9/8/08

 

16,835

16,835

1

Santa Clara Valley CA Water Dist. TOB VRDO

1.990%

9/8/08

 

15,000

15,000

 

Santa Rosa CA Waste Water Rev. VRDO

1.580%

9/8/08

LOC

14,000

14,000

1

Sequoia CA USD TOB VRDO

1.940%

9/8/08

(4)

5,860

5,860

1

Sonoma County CA (Jr. College District) TOB VRDO

1.910%

9/8/08

(4)

5,155

5,155

 

Sonoma County CA TRAN

4.000%

10/17/08

 

31,000

31,027

 

South Coast CA Local Educ. Agencies TRAN

3.000%

6/30/09

 

81,385

82,300

 

South Placer CA Wastewater Auth. Rev. VRDO

1.600%

9/8/08

LOC

22,850

22,850

 

Southern California Home Financing Auth. Single Family Mortgage Rev. VRDO

2.670%

9/2/08

 

11,965

11,965

 

 

 

 

 

 

Southern California Home Financing Auth. Single Family Mortgage Rev. VRDO

1.790%

9/8/08

 

16,800

16,800

 

Southern California Public Power Auth. Rev. (Palo Verde Project) VRDO

1.600%

9/8/08

LOC

11,000

11,000

 

Torrance CA TRAN

3.000%

7/2/09

 

25,000

25,260

 

Univ. of California Regents CP

1.480%

9/8/08

 

28,000

28,000

 

Univ. of California Regents CP

1.500%

9/12/08

 

45,000

45,000

 

Univ. of California Regents CP

1.550%

10/2/08

 

33,200

33,200

 

Univ. of California Regents CP

1.470%

10/8/08

 

2,500

2,500

 

Univ. of California Regents CP

1.470%

10/14/08

 

23,900

23,900

 

Univ. of California Regents CP

1.420%

12/11/08

 

35,150

35,150

 

Univ. of California Regents VRDO

2.240%

9/2/08

 

2,700

2,700

 

Univ. of California Regents VRDO

2.400%

9/2/08

 

22,645

22,645

 

Univ. of California Rev. (Multiple Purpose Project)

5.000%

9/1/08

(Prere.)

8,485

8,570

1

Univ. of California Rev. TOB VRDO

1.810%

9/8/08

 

3,270

3,270

1

Univ. of California Rev. TOB VRDO

1.820%

9/8/08

 

2,475

2,475

1

Univ. of California Rev. TOB VRDO

1.820%

9/8/08

 

1,890

1,890

1

Univ. of California Rev. TOB VRDO

1.910%

9/8/08

(4)

2,570

2,570

1

Univ. of California Rev. TOB VRDO

1.910%

9/8/08

(4)

6,470

6,470

1

Univ. of California Rev. TOB VRDO

1.910%

9/8/08

(4)

20,695

20,695

1

Univ. of California Rev. TOB VRDO

1.910%

9/8/08

(4)

20,880

20,880

1

Univ. of California Rev. TOB VRDO

1.920%

9/8/08

(4)

2,450

2,450

1

Univ. of California Rev. TOB VRDO

1.920%

9/8/08

(4)

20,000

20,000

1

Univ. of California Rev. TOB VRDO

1.970%

9/8/08

(4)

9,845

9,845

 

Val Verde CA USD COP VRDO

1.700%

9/8/08

LOC

16,800

16,800

 

Ventura County CA TRAN

3.500%

7/1/09

 

35,000

35,544

1

West Contra Costa CA USD TOB VRDO

1.820%

9/8/08

(13)

6,900

6,900

1

West Contra Costa CA USD TOB VRDO

2.340%

9/8/08

(4)

5,015

5,015

1

Yosemite CA Community College Dist. TOB VRDO

1.910%

9/8/08

(4)

4,000

4,000

1

Yosemite CA Community College Dist. TOB VRDO

1.920%

9/8/08

(4)

17,520

17,520

 

8,151,622

Total Tax-Exempt Municipal Bonds (Cost $8,151,622)

8,151,622

Total Investments (100.0%) (Cost $8,151,622)

8,151,622

Other Assets and Liabilities-Net (0.0%)

790

Net Assets (100%)

8,152,412

 

 

1 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At August 31, 2008, the aggregate value of these securities was $1,954,667,000, representing 24.0% of net assets.

 

 

 

Key to Abbreviations

ARS - Auction Rate Security.

BAN - Bond Anticipation Note.

COP - Certificate of Participation.

CP - Commercial Paper.

FR - Floating Rate.

GAN - Grant Anticipation Note.

GO - General Obligation Bond.

IDA - Industrial Development Authority Bond.

IDR - Industrial Development Revenue Bond.

PCR - Pollution Control Revenue Bond.

PUT - Put Option Obligation.

RAN - Revenue Anticipation Note.

TAN - Tax Anticipation Note.

TOB - Tender Option Bond.

TRAN - Tax Revenue Anticipation Note.

UFSD - Union Free School District.

USD - United School District.

VRDO - Variable Rate Demand Obligation.

(ETM) - Escrowed to Maturity.

(Prere.) - Prerefunded.

 

Scheduled principal and interest payments are guaranteed by:

(1) MBIA (Municipal Bond Insurance Association).

(2) AMBAC (Ambac Assurance Corporation).

(3) FGIC (Financial Guaranty Insurance Company).

(4) FSA (Financial Security Assurance).

(5) BIGI (Bond Investors Guaranty Insurance).

(6) Connie Lee Inc.

(7) FHA (Federal Housing Authority).

(8) CapMAC (Capital Markets Assurance Corporation).

(9) American Capital Access Financial Guaranty Corporation.

(10) XL Capital Assurance Inc.

(11) CIFG (CDC IXIS Financial Guaranty).

(12) Assured Guaranty Corp.

(13) National Indemnity Co. (Berkshire Hathaway).

The insurance does not guarantee the market value of the municipal bonds.

 

LOC - Scheduled principal and interest payments are guaranteed by bank letter of credit.

 

Security Valuation: Securities are valued at amortized cost, which approximates market value.

In September 2006, the Financial Accounting Standards Board issued Statement of Financial Accounting Standards No. 157 (“FAS 157”), “Fair Value Measurements.” FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

 

The various inputs that may be used to determine the value of the fund's investments are summarized in three broad levels. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

 

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

 

At August 31, 2008, 100% of the fund's investments were valued using amortized cost, in accordance with rules under the Investment Company Act of 1940. Amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, securities valued at amortized cost are considered to be valued using Level 2 inputs.

 

 

 



Vanguard California Long-Term Tax-Exempt Fund

Schedule of Investments

As of August 31, 2008

 

 

 

 

 

Face

Market

 

 

Maturity

Amount

Value

 

Coupon

Date

($000)

($000)

Tax-Exempt Municipal Bonds (99.4%)

California (96.9%)

 

ABAG Finance Auth. for Non-Profit Corp. California (Children's Hosp. Medical Center) COP

6.000%

12/1/09

(2)(Prere.)

3,000

3,184

 

ABAG Finance Auth. for Non-Profit Corp. California (Oshman Family Jewish Community) VRDO

2.200%

9/2/08

LOC

5,200

5,200

 

ABAG Finance Auth. for Non-Profit Corp. California (School of the Mechanical Arts)

5.250%

10/1/26

 

1,000

1,007

 

ABAG Finance Auth. for Non-Profit Corp. California (School of the Mechanical Arts)

5.300%

10/1/32

 

3,180

3,137

 

Alameda CA Corridor Transp. Auth. Rev.

5.125%

10/1/17

(1)

5,000

5,176

 

Alameda CA Corridor Transp. Auth. Rev.

5.125%

10/1/18

(1)

2,000

2,068

 

Alameda CA Corridor Transp. Auth. Rev.

0.000%

10/1/30

(2)

30,375

8,426

 

Alameda County CA USD

0.000%

8/1/24

(4)

3,510

1,577

 

Alameda County CA USD

0.000%

8/1/29

(4)

5,000

1,687

 

Anaheim CA Public Finance Auth. Distribution System Rev.

5.000%

10/1/21

(1)

3,390

3,482

 

Bay Area Toll Auth. CA Toll Bridge Rev.

5.000%

4/1/20

 

8,820

9,403

 

Bay Area Toll Auth. CA Toll Bridge Rev.

5.500%

4/1/43

 

10,000

10,437

 

Cabrillo CA Community College Dist. Rev.

0.000%

8/1/28

(1)

2,250

795

 

California County CA Tobacco Securitization Agency

0.000%

6/1/28

 

7,500

5,304

 

California County CA Tobacco Securitization Agency

0.000%

6/1/36

 

7,500

5,046

 

California Educ. Fac. Auth. Rev. (Claremont Graduate Univ.)

5.000%

3/1/42

 

8,330

7,940

 

California Educ. Fac. Auth. Rev. (College of Arts & Crafts)

6.875%

6/1/19

 

1,615

1,811

 

California Educ. Fac. Auth. Rev. (College of Arts & Crafts)

5.750%

6/1/25

 

2,000

1,989

 

California Educ. Fac. Auth. Rev. (Univ. of The Pacific)

5.000%

11/1/25

 

2,000

2,011

 

California Educ. Fac. Auth. Rev. (Univ. of The Pacific)

5.000%

11/1/30

 

3,500

3,454

 

California Educ. Fac. Auth. Rev. (Univ. of The Pacific)

5.000%

11/1/36

 

8,985

8,681

 

California GO

6.250%

9/1/12

(3)

9,000

9,816

 

California GO

5.000%

11/1/13

 

13,000

14,128

 

 

 

 

 

 

California GO

7.000%

11/1/13

(3)

65

66

 

California GO

5.250%

10/1/14

(3)

1,955

1,959

 

California GO

5.000%

11/1/14

 

39,090

42,651

 

California GO

6.000%

8/1/19

(3)

210

213

 

California GO

5.000%

11/1/22

 

11,905

12,266

 

California GO

5.000%

9/1/25

 

16,950

17,196

 

California GO

5.125%

2/1/26

 

15,325

15,538

 

California GO

5.000%

6/1/26

(3)

40,000

40,478

 

California GO

5.000%

9/1/28

 

15,350

15,420

 

California GO

5.000%

6/1/32

 

35,000

34,614

 

California GO

5.000%

6/1/34

 

40,000

39,331

 

California GO

5.000%

8/1/34

 

5,000

4,912

 

California GO

4.500%

12/1/34

 

15,825

14,170

 

California GO

5.000%

6/1/37

 

13,215

12,899

 

California GO

5.250%

3/1/38

 

41,580

41,456

 

California GO

5.250%

8/1/38

 

10,000

9,970

 

California Health Fac. Finance Auth. Rev. (Adventist Health System)

5.000%

3/1/33

 

7,950

7,457

 

California Health Fac. Finance Auth. Rev. (California-Nevada Methodist)

5.000%

7/1/36

 

2,075

1,973

 

California Health Fac. Finance Auth. Rev. (Casa Colina)

6.125%

4/1/32

 

10,000

10,067

 

California Health Fac. Finance Auth. Rev. (Catholic Healthcare West)

4.750%

7/1/19

(1)

765

765

 

California Health Fac. Finance Auth. Rev. (Catholic Healthcare West)

5.500%

7/1/30

 

5,000

4,968

 

California Health Fac. Finance Auth. Rev. (Cedars-Sinai Medical Center)

5.000%

11/15/27

 

7,000

6,873

 

California Health Fac. Finance Auth. Rev. (Cedars-Sinai Medical Center)

5.000%

11/15/34

 

10,000

9,523

 

California Health Fac. Finance Auth. Rev. (Scripps Health)

5.000%

10/1/08

(1)(Prere.)

5,000

5,065

 

California Health Fac. Finance Auth. Rev. (Stanford Hospital) PUT

3.450%

6/15/11

 

5,000

5,073

 

California Health Fac. Finance Auth. Rev. (Sutter Health)

5.250%

8/15/22

 

5,000

5,160

 

California Health Fac. Finance Auth. Rev. (Sutter Health)

5.250%

11/15/46

 

42,500

41,223

 

California Housing Finance Agency Home Mortgage

5.500%

8/1/38

 

5,000

5,029

 

California Housing Finance Agency Home Mortgage Rev.

6.050%

8/1/27

(2) (7)

5,000

5,114

 

California Infrastructure & Econ. Dev. Bank Rev.

5.000%

2/1/11

 

6,400

6,750

 

California Infrastructure & Econ. Dev. Bank Rev.

5.000%

2/1/12

 

6,030

6,423

 

California Infrastructure & Econ. Dev. Bank Rev.

5.000%

2/1/13

 

8,000

8,586

 

California Infrastructure & Econ. Dev. Bank Rev. (Bay Area Toll)

5.000%

1/1/28

(3)(Prere.)

7,500

8,122

 

California Infrastructure & Econ. Dev. Bank Rev. (California Science Center)

5.000%

5/1/31

(3)

7,635

7,433

 

 

 

 

 

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.500%

10/1/18

 

3,905

4,057

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.500%

10/1/20

 

1,500

1,544

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.250%

10/1/34

 

20,040

20,046

 

California Infrastructure & Econ. Dev. Bank Rev. (Kaiser Hosp. Assn.)

5.500%

8/1/31

 

7,610

7,663

 

California Infrastructure & Econ. Dev. Bank Rev. (Kaiser Hosp. Assn.)

5.550%

8/1/31

 

5,500

5,530

 

California Infrastructure & Econ. Dev. Bank Rev. (Workers' Compensation)

5.250%

10/1/13

(2)

30,000

33,044

 

California Infrastructure & Econ. Dev. Bank Rev. (YMCA of Metro. LA)

5.250%

2/1/26

(2)

4,750

4,837

 

California Polytechnical Univ. Rev. (Pomona Student Union)

5.625%

7/1/09

(3)(Prere.)

3,000

3,131

 

California Polytechnical Univ. Rev. (Pomona Student Union)

5.625%

7/1/09

(3)(Prere.)

5,260

5,489

 

California Public Works Board Lease Rev. (California Community College)

5.000%

3/1/27

(3)

6,220

6,139

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.000%

1/1/15

(2)

4,000

4,319

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.250%

1/1/16

(2)

5,500

6,032

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.000%

1/1/17

 

6,000

6,335

 

California Public Works Board Lease Rev. (Dept. of Corrections)

6.500%

9/1/17

(2)

30,000

34,787

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.000%

12/1/17

(1)

13,835

14,549

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.000%

12/1/19

(1)

15,230

15,744

 

California Public Works Board Lease Rev. (Dept. of Forestry & Fire Services)

5.000%

11/1/32

 

13,850

13,545

 

California Public Works Board Lease Rev. (Dept. of Health Services)

5.750%

11/1/09

(1)(Prere.)

7,885

8,326

 

California Public Works Board Lease Rev. (Office of Emergency Services)

5.000%

3/1/27

(3)

8,950

8,833

 

California Public Works Board Lease Rev. (UCLA Hosp.)

5.375%

10/1/19

(4)

6,375

6,784

 

California Public Works Board Lease Rev. (Univ. of California)

5.250%

11/1/27

(1)

9,045

9,212

 

California Public Works Board Lease Rev. (Univ. of California)

5.000%

5/1/30

 

17,000

17,104

 

California State Dept. of Water Resources Power Supply Rev.

6.000%

5/1/13

 

43,000

47,928

 

California State Dept. of Water Resources Power Supply Rev.

5.000%

5/1/22

 

30,000

31,308

 

 

 

 

 

 

California State Dept. of Water Resources Power Supply Rev. VRDO

2.100%

9/2/08

LOC

27,450

27,450

 

California State Econ. Recovery Bonds

5.000%

7/1/11

(1)

16,420

17,528

 

California State Econ. Recovery Bonds

5.250%

7/1/13

 

7,750

8,589

 

California State Econ. Recovery Bonds

5.000%

7/1/17

(3)

35,700

37,434

 

California State Econ. Recovery Bonds PUT

5.000%

3/1/10

 

25,000

26,072

 

California State Econ. Recovery Bonds PUT

5.000%

7/1/10

 

25,000

26,263

 

California State Econ. Recovery Bonds PUT

5.000%

7/1/11

 

32,000

34,196

 

California State Univ. Rev. & Colleges Housing System Rev.

5.625%

11/1/09

(3)(Prere.)

6,920

7,297

 

California State Univ. Rev. Systemwide

5.250%

11/1/19

(4)

5,000

5,425

 

California State Univ. Rev. Systemwide

5.250%

11/1/20

(4)

4,745

5,131

 

California State Univ. Rev. Systemwide

5.000%

11/1/21

(2)

17,215

17,806

 

California Statewide Community Dev. Auth. Rev. (Adventist Health)

5.000%

3/1/35

 

14,500

13,552

 

California Statewide Community Dev. Auth. Rev. (Daughters of Charity Health)

5.250%

7/1/30

 

5,000

4,586

 

California Statewide Community Dev. Auth. Rev. (Daughters of Charity Health)

5.250%

7/1/35

 

5,250

4,683

 

California Statewide Community Dev. Auth. Rev. (Daughters of Charity Health)

5.000%

7/1/39

 

5,000

4,245

 

California Statewide Community Dev. Auth. Rev. (Henry Mayo Newhall Memorial Hosp.)

5.000%

10/1/18

 

5,875

5,949

 

California Statewide Community Dev. Auth. Rev. (Henry Mayo Newhall Memorial Hosp.)

5.000%

10/1/37

 

2,465

2,277

 

California Statewide Community Dev. Auth. Rev. (Irvine Univ. of California East LLC)

5.000%

5/15/38

 

18,000

15,628

 

California Statewide Community Dev. Auth. Rev. (Irvine Univ. of California East LLC)

6.000%

5/15/40

 

7,000

7,035

 

California Statewide Community Dev. Auth. Rev. (John Muir Health Services)

5.000%

8/15/32

 

10,880

10,445

 

California Statewide Community Dev. Auth. Rev. (John Muir Health Services)

5.000%

8/15/34

 

15,140

14,421

 

California Statewide Community Dev. Auth. Rev. (John Muir Health Services) VRDO

2.050%

9/2/08

LOC

2,000

2,000

 

California Statewide Community Dev. Auth. Rev. (Kaiser Permanente)

5.500%

11/1/32

 

18,250

18,365

 

California Statewide Community Dev. Auth. Rev. (Kaiser Permanente)

5.250%

3/1/45

 

26,000

25,180

 

 

 

 

 

 

California Statewide Community Dev. Auth. Rev. (Los Angeles Orthopedic Hosp. Foundation)

5.750%

6/1/30

(2)

8,000

8,053

 

California Statewide Community Dev. Auth. Rev. (Memorial Health Services)

6.000%

10/1/23

 

20,000

20,721

 

California Statewide Community Dev. Auth. Rev. (Presbyterian Homes)

4.875%

11/15/36

 

7,230

5,960

 

California Statewide Community Dev. Auth. Rev. (Sutter Health)

5.500%

8/15/34

 

10,885

10,946

 

Chino Basin CA Regional Financing Auth. Rev. (Inland Empire Util. Agency Sewer)

5.750%

11/1/09

(1)(Prere.)

3,325

3,511

 

Chino Basin CA Regional Financing Auth. Rev. (Inland Empire Util. Agency Sewer)

5.750%

11/1/09

(1)(Prere.)

1,000

1,056

 

Chino Basin CA Regional Financing Auth. Rev. (Muni. Water Dist. Sewer System)

6.000%

8/1/16

(2)

5,500

5,516

 

Clovis CA USD GO

0.000%

8/1/09

(3)(ETM)

7,570

7,430

 

Clovis CA USD GO

0.000%

8/1/09

(3)(ETM)

7,500

7,361

 

Clovis CA USD GO

0.000%

8/1/13

(3)

4,935

4,106

 

Clovis CA USD GO

0.000%

8/1/15

(3)

2,770

2,074

 

Clovis CA USD GO

0.000%

8/1/16

(3)

2,865

2,030

 

Clovis CA USD GO

0.000%

8/1/26

(3)

6,000

2,297

 

Clovis CA USD GO

0.000%

8/1/27

(3)

8,000

2,876

 

Clovis CA USD GO

0.000%

8/1/29

(3)

8,005

2,552

 

Contra Costa CA Water Dist. Rev.

5.000%

10/1/17

(4)

7,015

7,492

 

Culver City CA Wastewater Fac. Rev.

5.700%

9/1/29

(3)

5,000

5,174

 

East Bay CA Muni. Util. Dist. Water System Rev.

5.000%

6/1/32

(3)

33,320

33,458

 

Eastern California Muni. Water. Dist. Water & Sewer Rev.

6.750%

7/1/12

(3)

8,500

9,234

 

Escondido CA Union High School Dist.

0.000%

11/1/20

(1)

4,000

2,154

 

Fontana CA Public Finance Auth. Subordinate Lien Tax Allocation Rev. Bonds

5.000%

10/1/29

(2)

9,450

9,316

 

Fontana CA Public Finance Auth. Subordinate Lien Tax Allocation Rev. Bonds

5.000%

10/1/32

(2)

12,825

12,509

 

Fontana CA USD

5.250%

8/1/27

(4)

6,700

6,928

 

Fontana CA USD

5.250%

8/1/31

(4)

6,250

6,400

 

Foothill-De Anza CA Community College Dist. GO

0.000%

8/1/17

(1)

3,000

2,023

 

Foothill-De Anza CA Community College Dist. GO

0.000%

8/1/22

(1)

3,850

1,899

 

Foothill-De Anza CA Community College Dist. GO

6.000%

8/1/22

 

5,590

6,565

 

Foothill-De Anza CA Community College Dist. GO

0.000%

8/1/23

(1)

3,590

1,666

 

Foothill-De Anza CA Community College Dist. GO

0.000%

8/1/25

(1)

2,390

986

 

 

 

 

 

 

Foothill/Eastern Corridor Agency California Toll Road Rev.

5.000%

1/15/16

(1)

8,400

8,562

 

Foothill/Eastern Corridor Agency California Toll Road Rev.

5.125%

1/15/19

(1)

5,200

5,260

 

Foothill/Eastern Corridor Agency California Toll Road Rev.

0.000%

1/15/26

 

10,000

9,467

 

Foothill/Eastern Corridor Agency California Toll Road Rev.

0.000%

1/15/28

(1)

15,000

15,102

 

Foothill/Eastern Corridor Agency California Toll Road Rev.

0.000%

1/15/33

 

10,000

2,011

 

Foothill/Eastern Corridor Agency California Toll Road Rev.

0.000%

1/15/34

 

10,000

1,883

 

Foothill/Eastern Corridor Agency California Toll Road Rev.

5.750%

1/15/40

(1)

12,000

11,982

 

Fresno CA Airport Rev.

5.500%

7/1/30

(4)

1,500

1,536

 

Fullerton Univ. California Rev.

5.700%

7/1/20

(1)

2,165

2,287

 

Galivan CA Joint Community College Dist.

5.500%

8/1/28

(2)

10,030

10,424

 

Golden State Tobacco Securitization Corp. California

5.375%

6/1/10

(Prere.)

25,000

26,236

 

Golden State Tobacco Securitization Corp. California

5.500%

6/1/13

(10)(Prere.)

4,000

4,405

 

Golden State Tobacco Securitization Corp. California

5.500%

6/1/13

(3)(Prere.)

5,000

5,506

 

Golden State Tobacco Securitization Corp. California

5.000%

6/1/30

(2)

20,000

18,884

 

Golden State Tobacco Securitization Corp. California

6.250%

6/1/33

(Prere.)

44,325

48,447

 

Golden State Tobacco Securitization Corp. California

0.000%

6/1/37

 

20,000

11,217

 

Golden State Tobacco Securitization Corp. California

5.125%

6/1/47

 

10,000

7,440

 

Golden State Tobacco Securitization Corp. California

5.750%

6/1/47

 

16,350

13,631

 

Hartnell CA Community College Dist. GO

5.000%

8/1/13

(1)(Prere.)

1,550

1,713

 

Hartnell CA Community College Dist. GO

5.000%

8/1/13

(1)(Prere.)

1,735

1,917

 

Hartnell CA Community College Dist. GO

5.000%

8/1/13

(1)(Prere.)

2,370

2,619

 

Helix CA Water Dist. COP

5.000%

4/1/19

(4)

4,250

4,352

 

Hollister CA Joint Powers Financing Auth. Wastewater Rev.

5.000%

6/1/32

(4)

6,000

6,026

 

Hollister CA Joint Powers Financing Auth. Wastewater Rev.

5.000%

6/1/37

(4)

7,000

6,989

 

Imperial Irrigation Dist. California Electric Rev.

5.125%

11/1/38

 

5,000

4,988

 

Irvine CA USD Financing Auth. Special Tax

5.000%

9/1/30

(2)

19,175

17,983

 

Irvine CA USD Financing Auth. Special Tax

5.000%

9/1/34

(2)

16,000

14,755

 

Kern CA High School Dist. GO

6.400%

8/1/14

(1)(ETM)

1,490

1,772

 

 

 

 

 

 

Kern CA High School Dist. GO

6.400%

8/1/15

(1)(ETM)

1,645

1,984

 

Kern CA High School Dist. GO

6.400%

8/1/16

(1)(ETM)

1,815

2,208

 

La Mesa-Spring Valley CA School Dist. GO

5.375%

8/1/12

(3)(Prere.)

1,570

1,740

 

La Mesa-Spring Valley CA School Dist. GO

5.375%

8/1/12

(3)(Prere.)

1,775

1,967

 

La Mesa-Spring Valley CA School Dist. GO

5.375%

8/1/12

(3)(Prere.)

2,000

2,217

 

La Mesa-Spring Valley CA School Dist. GO

5.375%

8/1/12

(3)(Prere.)

1,890

2,095

 

Loma Linda CA Hosp. Rev. (Loma Linda Univ.)

5.000%

12/1/20

 

6,155

6,011

 

Loma Linda CA Hosp. Rev. (Loma Linda Univ.)

5.000%

12/1/21

 

2,500

2,422

 

Long Beach CA Finance Auth. Lease Rev. (Aquarium of the South Pacific)

5.500%

11/1/13

(2)

3,680

3,944

 

Long Beach CA Finance Auth. Lease Rev. (Aquarium of the South Pacific)

5.500%

11/1/18

(2)

4,675

4,971

 

Long Beach CA Finance Auth. Lease Rev. (Rainbow Harbor)

5.125%

5/1/09

(2)(Prere.)

5,500

5,684

 

Long Beach CA Finance Auth. Lease Rev. (Temple & Willis Fac.)

5.500%

10/1/18

(1)

5,030

5,142

 

Long Beach CA Finance Auth. Rev.

3.329%

11/15/27

 

21,130

15,615

 

Long Beach CA Finance Auth. Tax Rev.

5.500%

8/1/26

(2)

7,570

7,895

 

Long Beach CA Finance Auth. Tax Rev.

5.500%

8/1/31

(2)

4,015

4,099

 

Long Beach CA Harbor Rev.

5.000%

5/15/17

(3)

3,655

3,865

 

Los Angeles CA Community College Dist. GO

5.500%

8/1/11

(1)(Prere.)

8,810

9,622

 

Los Angeles CA Dept. of Airports International Airport Rev.

5.250%

5/15/17

(3)

6,800

7,055

 

Los Angeles CA Dept. of Water & Power Rev.

5.000%

10/15/18

(1)(ETM)

11,600

11,749

 

Los Angeles CA Dept. of Water & Power Rev.

5.250%

7/1/21

(4)

2,830

2,942

 

Los Angeles CA Dept. of Water & Power Rev.

5.000%

7/1/25

(4)

20,000

20,582

 

Los Angeles CA Dept. of Water & Power Rev.

5.000%

7/1/29

(2)

10,000

10,128

 

Los Angeles CA Dept. of Water & Power Rev.

5.000%

7/1/30

(2)

16,000

16,124

 

Los Angeles CA Dept. of Water & Power Rev.

5.000%

7/1/36

(3)

2,925

2,903

 

Los Angeles CA USD GO

5.250%

7/1/09

(1)(Prere.)

5,175

5,384

 

Los Angeles CA USD GO

5.625%

7/1/09

(1)(Prere.)

6,615

6,903

 

Los Angeles CA USD GO

5.250%

7/1/14

(1)

12,715

13,874

 

Los Angeles CA USD GO

5.000%

7/1/24

(2)

9,745

10,057

 

Los Angeles CA USD GO

5.000%

7/1/30

(3)

7,500

7,538

 

Los Angeles CA Wastewater System Rev.

6.000%

6/1/21

(3)

4,000

4,611

 

Los Angeles County CA Metro. Transp. Auth. Sales Tax Rev.

5.000%

7/1/19

(4)

6,170

6,355

 

 

 

 

 

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.250%

5/1/10

(2)(Prere.)

4,700

4,954

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.500%

10/1/18

(4)

2,700

2,981

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/23

(1)

4,000

4,031

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/24

(1)

4,000

4,017

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/25

(1)

2,165

2,162

 

Los Angeles County CA Sanitation Dist. Financing Auth Rev.

4.500%

10/1/42

(2)

20,000

17,783

 

Los Angeles County CA Schools COP

0.000%

8/1/14

(2)(ETM)

1,000

797

 

Los Angeles County CA Schools COP

0.000%

8/1/20

(2)

2,095

1,175

 

Metro. Water Dist. of Southern California Rev.

5.000%

7/1/25

 

3,410

3,568

 

Metro. Water Dist. of Southern California Rev.

5.000%

7/1/28

 

4,235

4,368

 

Metro. Water Dist. of Southern California Rev.

5.000%

7/1/29

 

5,500

5,650

 

Metro. Water Dist. of Southern California Rev.

5.000%

7/1/35

 

16,935

17,186

 

Metro. Water Dist. of Southern California Rev. VRDO

2.250%

9/2/08

 

2,500

2,500

 

Modesto CA High School Dist. GO

0.000%

8/1/15

(3)

5,000

3,744

 

Modesto CA High School Dist. GO

0.000%

8/1/17

(3)

3,000

2,008

 

Modesto CA High School Dist. GO

0.000%

8/1/18

(3)

3,225

2,033

 

Modesto CA Irrigation Dist. COP

5.000%

7/1/20

(1)

2,175

2,220

 

Modesto CA Irrigation Dist. COP

5.000%

10/1/31

(2)

14,540

14,285

1

Modesto CA Irrigation Dist. COP

5.500%

7/1/35

 

3,000

3,052

 

Modesto CA Irrigation Dist. COP

5.000%

10/1/36

(2)

4,795

4,647

 

Modesto CA Irrigation Dist. Finance Auth. Rev. (Woodland Project)

6.500%

10/1/11

(2)(ETM)

5,750

6,130

 

Modesto CA Irrigation Dist. Finance Auth. Rev. (Woodland Project)

6.500%

10/1/22

(2)(ETM)

9,750

11,696

 

Monterey Park CA Redev. Agency Tax Allocation

5.000%

9/1/16

(4)

1,010

1,071

 

Monterey Park CA Redev. Agency Tax Allocation

5.000%

9/1/17

(4)

1,060

1,121

 

Monterey Park CA Redev. Agency Tax Allocation

5.000%

9/1/18

(4)

1,115

1,175

 

Monterey Park CA Redev. Agency Tax Allocation

5.000%

9/1/19

(4)

1,120

1,181

 

Monterey Park CA Redev. Agency Tax Allocation

5.000%

9/1/20

(4)

1,180

1,244

 

Mount San Antonio California Community College Dist.

5.250%

8/1/14

(1)(Prere.)

2,720

3,066

 

Mount San Antonio California Community College Dist.

5.250%

8/1/14

(1)(Prere.)

2,860

3,224

 

Mount San Antonio California Community College Dist.

5.250%

8/1/14

(1)(Prere.)

3,010

3,393

 

Mount San Antonio California Community College Dist.

5.250%

8/1/14

(1)(Prere.)

3,170

3,573

 

 

 

 

 

 

Mount San Antonio California Community College Dist.

5.250%

8/1/14

(1)(Prere.)

3,335

3,759

 

Mount San Antonio California Community College Dist.

5.250%

8/1/14

(1)(Prere.)

2,000

2,254

 

MSR California Public Power Agency Rev. (San Juan Project)

6.125%

7/1/13

(2)

8,000

8,630

 

MSR California Public Power Agency Rev. (San Juan Project)

6.750%

7/1/20

(1)(ETM)

30,910

36,890

 

Napa Valley CA USD Election GO

4.500%

8/1/42

(4)

12,690

11,639

 

Natomas CA USD GO

5.200%

9/1/19

(3)

5,000

5,101

 

New Haven CA USD GO

12.000%

8/1/16

(4)

2,480

3,934

 

New Haven CA USD GO

12.000%

8/1/17

(4)

1,500

2,447

 

Newark CA USD GO

0.000%

8/1/11

(4)

1,670

1,532

 

Newark CA USD GO

0.000%

8/1/12

(4)

1,820

1,603

 

Newark CA USD GO

0.000%

8/1/13

(4)

2,050

1,733

 

North Orange County CA Community College Dist. GO

5.375%

8/1/12

(1)(Prere.)

5,080

5,652

 

Northern California Gas Auth. No. 1 Rev.

2.320%

7/1/13

 

14,000

12,023

 

Northern California Gas Auth. No. 1 Rev.

2.470%

7/1/17

 

17,000

13,239

 

Northern California Power Agency (Hydroelectric Project)

5.000%

7/1/11

 

2,000

2,119

 

Northern California Power Agency (Hydroelectric Project)

5.000%

7/1/12

 

2,935

3,135

 

Northern California Power Agency (Hydroelectric Project)

6.300%

7/1/18

(1)

10,000

11,728

 

Northern California Power Agency (Hydroelectric Project)

7.500%

7/1/21

(2)(Prere.)

1,810

2,356

 

Northern California Power Agency (Hydroelectric Project)

5.000%

7/1/28

(1)

11,140

11,149

 

Oakland CA Redev. Agency (Central Dist.)

5.500%

2/1/14

(2)

5,500

5,886

 

Oakland CA Redev. Agency Tax Allocation (Coliseum Area)

5.250%

3/1/13

(Prere.)

2,380

2,637

 

Oakland CA Redev. Agency Tax Allocation (Coliseum Area)

5.250%

3/1/13

(Prere.)

3,730

4,133

 

Oceanside CA Community Dev. Comm. Multifamily Rental Housing Rev. PUT

4.450%

4/1/11

 

4,260

4,344

 

Palmdale CA COP

5.250%

9/1/19

(1)

1,310

1,390

 

Palmdale CA COP

5.250%

9/1/20

(1)

1,450

1,523

 

Palmdale CA COP

5.250%

9/1/21

(1)

1,605

1,671

 

Palmdale CA COP

5.250%

9/1/22

(1)

1,765

1,851

 

Palo Alto CA Improvement Rev. (Univ. Avenue Area Parking)

5.700%

9/2/18

 

890

899

 

Palo Alto CA Improvement Rev. (Univ. Avenue Area Parking)

5.700%

9/2/19

 

895

898

 

Palo Alto CA Improvement Rev. (Univ. Avenue Area Parking)

5.750%

9/2/20

 

890

890

 

Palo Alto CA Improvement Rev. (Univ. Avenue Area Parking)

5.750%

9/2/26

 

4,460

4,333

 

 

 

 

 

 

Palomar Pomerado Health System California Rev.

5.375%

11/1/11

(1)

3,865

3,975

 

Palomar Pomerado Health System California Rev.

5.375%

11/1/13

(1)

6,730

6,922

 

Palomar Pomerado Health System California Rev.

4.500%

8/1/32

(1)

12,500

11,600

 

Pittsburg CA Redev. Agency Tax Allocation (Los Medanos Community Dev.)

5.700%

8/1/13

(4)(Prere.)

7,000

8,083

 

Pittsburg CA Redev. Agency Tax Allocation (Los Medanos Community Dev.)

0.000%

8/1/19

(2)

1,150

670

 

Pittsburg CA Redev. Agency Tax Allocation (Los Medanos Community Dev.)

0.000%

8/1/21

(2)

2,575

1,305

 

Pittsburg CA Redev. Agency Tax Allocation (Los Medanos Community Dev.)

0.000%

8/1/22

(2)

3,755

1,783

 

Pittsburg CA Redev. Agency Tax Allocation (Los Medanos Community Dev.)

0.000%

8/1/24

(2)

1,000

418

 

Pomona CA USD GO

5.600%

8/1/14

(1)(ETM)

1,585

1,817

 

Pomona CA USD GO

5.600%

8/1/15

(1)(ETM)

2,000

2,313

 

Pomona CA USD GO

5.600%

8/1/16

(1)(ETM)

1,000

1,162

 

Pomona CA USD GO

7.500%

8/1/17

(1)(ETM)

2,540

3,301

 

Port of Oakland CA Rev.

5.000%

11/1/16

(1)

8,160

8,794

 

Port of Oakland CA Rev.

5.000%

11/1/17

(1)

5,000

5,360

 

Port of Oakland CA Rev.

5.000%

11/1/18

(1)

12,000

12,713

 

Rancho Mirage CA Joint Powers Financing Auth. Rev. (Eisenhower Medical Center)

5.625%

7/1/14

(Prere.)

12,000

13,689

 

Rancho Mirage CA Joint Powers Financing Auth. Rev. (Eisenhower Medical Center)

5.000%

7/1/47

 

27,000

24,067

 

Rancho Mirage CA Redev. Agency Tax Allocation

5.125%

4/1/21

(1)

2,650

2,726

 

Rancho Mirage CA Redev. Agency Tax Allocation

5.250%

4/1/26

(1)

2,905

2,965

 

Rancho Mirage CA Redev. Agency Tax Allocation

5.250%

4/1/33

(1)

3,000

3,017

 

Riverside CA USD Special Tax (Community Fac. Dist. 7 - Victoria Grove)

5.000%

9/1/31

(2)

7,295

7,091

 

Riverside County CA Asset Leasing Corp. Leasehold Rev. (Riverside County Hosp.)

0.000%

6/1/13

(1)

5,000

4,196

 

Riverside County CA Asset Leasing Corp. Leasehold Rev. (Riverside County Hosp.)

0.000%

6/1/14

(1)

2,000

1,597

 

Riverside County CA Asset Leasing Corp. Leasehold Rev. (Riverside County Hosp.)

0.000%

6/1/15

(1)

2,000

1,515

 

Riverside County CA Transp. Commission Sales Tax Rev. PUT

5.000%

12/1/09

 

10,000

10,327

 

 

 

 

 

 

Sacramento CA Financing Auth. Lease Rev.

5.375%

11/1/14

(2)

9,750

10,336

 

Sacramento CA Financing Auth. Lease Rev.

5.400%

11/1/20

(2)

6,785

7,254

 

Sacramento CA Muni. Util. Dist. Rev.

5.000%

8/15/14

(4)

5,615

6,186

 

Sacramento CA Muni. Util. Dist. Rev.

5.800%

7/1/19

(2)

6,000

6,765

 

Sacramento CA Muni. Util. Dist. Rev.

5.900%

7/1/20

(2)

15,850

17,954

 

Sacramento County CA Airport Rev.

5.250%

7/1/12

(4)(Prere.)

2,305

2,540

 

Sacramento County CA Public Fac. Finance Corp. COP (Main Detention Fac.)

5.500%

6/1/10

(1)(ETM)

2,545

2,644

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/26

(3)

5,000

5,106

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/27

(3)

7,470

7,604

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/29

(3)

7,890

7,970

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/30

(3)

5,650

5,686

 

Sacramento County CA Water Financing Auth. Rev. Agency Zones

5.000%

6/1/21

(3)

5,225

5,388

 

Sacramento County CA Water Financing Auth. Rev. Agency Zones

5.000%

6/1/27

(3)

13,055

13,082

 

Sacramento County CA Water Financing Auth. Rev. Agency Zones

5.000%

6/1/28

(3)

9,290

9,278

 

San Bernardino CA Multifamily Housing Rev. (Alta Park Mountain Vista Apartments) PUT

4.450%

5/1/10

(Prere.)

7,000

7,263

 

San Bernardino County CA Medical Center COP

6.500%

8/1/17

(1)

17,915

20,478

 

San Diego CA Community College Dist. GO

5.000%

8/1/30

(4)

6,000

6,130

 

San Diego CA USD GO

0.000%

7/1/15

(3)

5,370

4,077

 

San Diego CA USD GO

0.000%

7/1/16

(3)

4,565

3,286

 

San Diego CA USD GO

5.500%

7/1/23

(1)

8,205

9,219

 

San Diego CA USD GO

5.500%

7/1/24

(1)

10,000

11,245

 

San Diego CA USD GO

5.500%

7/1/24

(4)

14,015

15,845

 

San Diego CA USD GO

5.500%

7/1/25

(1)

9,000

10,122

 

San Diego CA Water Auth. Rev. COP

5.000%

5/1/26

(4)

7,275

7,557

 

San Diego County CA COP

5.250%

10/1/21

 

1,485

1,509

 

San Diego County CA COP

5.000%

2/1/28

(2)

2,000

1,978

 

San Diego County CA COP

5.250%

10/1/28

 

2,745

2,757

 

San Diego County CA COP

5.000%

2/1/30

(2)

2,345

2,309

 

San Diego County CA COP

5.375%

10/1/41

 

8,545

8,569

 

San Francisco CA Bay Area Rapid Transit Rev.

6.750%

7/1/10

(2)

6,370

6,889

 

San Francisco CA Bay Area Rapid Transit Rev.

6.750%

7/1/11

(2)

7,455

8,294

 

San Francisco CA Bay Area Rapid Transit Rev.

5.000%

8/1/35

 

10,000

10,172

 

San Francisco CA City & County International Airport Rev.

5.250%

5/1/12

(1)(Prere.)

4,305

4,729

 

 

 

 

 

 

San Francisco CA City & County International Airport Rev.

5.250%

5/1/12

(1)(Prere.)

4,770

5,240

 

San Francisco CA City & County International Airport Rev.

5.250%

5/1/12

(1)(Prere.)

5,020

5,514

 

San Francisco CA City & County Public Util. Comm. Rev.

4.750%

11/1/36

(4)

9,000

8,583

 

San Joaquin County CA Transp. Auth. Rev. Notes

5.000%

4/1/11

 

20,330

21,651

 

San Joaquin Hills CA Transp. Corridor Agency Toll Road Rev.

0.000%

1/15/24

(1)

15,000

6,227

 

San Joaquin Hills CA Transp. Corridor Agency Toll Road Rev.

0.000%

1/15/25

(1)

18,250

7,064

 

San Joaquin Hills CA Transp. Corridor Agency Toll Road Rev.

0.000%

1/15/30

(1)

7,000

1,946

 

San Joaquin Hills CA Transp. Corridor Agency Toll Road Rev.

0.000%

1/15/31

(1)

11,950

3,088

 

San Jose CA Airport Rev.

5.000%

3/1/33

(2)

15,000

14,709

 

San Jose CA Redev. Agency

5.000%

8/1/10

(1)(Prere.)

1,525

1,626

 

San Jose CA Redev. Agency

6.000%

8/1/11

(1)(ETM)

2,915

3,225

 

San Jose CA Redev. Agency

6.000%

8/1/11

(1)

5,930

6,410

 

San Jose CA Redev. Agency

5.000%

8/1/26

(1)

37,955

37,776

 

San Juan CA USD GO

0.000%

8/1/13

(4)

2,220

1,875

 

San Juan CA USD GO

0.000%

8/1/14

(4)

2,610

2,104

 

San Juan CA USD GO

0.000%

8/1/16

(4)

2,000

1,455

 

San Juan CA USD GO

0.000%

8/1/18

(4)

1,785

1,163

 

San Juan CA USD GO

0.000%

8/1/19

(4)

2,210

1,350

 

San Juan CA USD GO

0.000%

8/1/20

(4)

4,930

2,817

 

San Mateo CA Redev. Auth. Tax Allocation

5.400%

8/1/11

(Prere.)

2,575

2,802

 

San Mateo CA Redev. Auth. Tax Allocation

5.400%

8/1/11

(Prere.)

1,000

1,088

 

San Mateo CA Redev. Auth. Tax Allocation

5.500%

8/1/11

(Prere.)

2,635

2,875

 

San Mateo County CA Community College Dist. GO

5.000%

9/1/31

 

5,000

5,096

 

San Mateo County CA Finance Auth. Rev.

6.500%

7/1/13

(1)

14,560

16,007

 

San Mateo County CA Joint Powers Auth. Lease Rev.

5.000%

7/1/21

(1)

3,500

3,711

 

San Ramon Valley CA USD GO

0.000%

7/1/09

(3)

4,895

4,806

 

San Ramon Valley CA USD GO

0.000%

7/1/10

(3)

7,050

6,713

 

San Ramon Valley CA USD GO

0.000%

7/1/12

(3)

6,645

5,825

 

San Ramon Valley CA USD GO

0.000%

7/1/13

(3)

7,430

6,240

 

San Ramon Valley CA USD GO

0.000%

7/1/14

(3)

8,290

6,631

 

San Ramon Valley CA USD GO

0.000%

7/1/15

(3)

5,605

4,255

 

Santa Ana CA Finance Auth. Rev.

6.250%

7/1/16

(1)

5,345

6,062

 

Santa Ana CA Finance Auth. Rev.

6.250%

7/1/17

(1)

2,000

2,271

 

Santa Clara CA Electric Rev.

5.250%

7/1/19

(1)

2,200

2,332

 

Santa Clara CA Electric Rev.

5.250%

7/1/20

(1)

1,550

1,627

 

Santa Clara CA Electric Rev.

5.000%

7/1/21

(1)

4,895

5,034

 

Santa Clara CA Redev. Agency (Bayshore North)

7.000%

7/1/10

(2)

3,085

3,252

 

 

 

 

 

 

Santa Clara County CA Financing Auth. Lease Rev.

5.500%

5/15/13

(2)

5,050

5,327

 

Santa Clara County CA Financing Auth. Lease Rev.

5.500%

5/15/14

(2)

5,325

5,617

 

Santa Clara County CA Financing Auth. Lease Rev.

5.500%

5/15/15

(2)

5,620

5,929

 

Santa Clara County CA Financing Auth. Lease Rev.

5.000%

11/15/15

 

6,565

7,213

 

Santa Clara County CA Financing Auth. Lease Rev.

5.250%

5/15/36

 

20,000

20,333

 

Santa Monica-Malibu CA USD Rev.

0.000%

8/1/20

(3)

6,715

3,766

 

Santa Rosa CA Waste Water Rev.

6.000%

7/2/15

(2)

7,000

7,673

 

Santa Rosa CA Waste Water Rev.

6.000%

9/1/15

(4)

5,580

6,201

 

Solano County CA COP

5.250%

11/1/12

(1)(Prere.)

3,785

4,195

 

Solano County CA COP

5.250%

11/1/12

(1)(Prere.)

3,770

4,179

 

South San Francisco CA Redev. Agency Tax Allocation

5.000%

9/1/35

(3)

8,610

8,206

 

Southern California Public Power Auth. Rev. (Transmission Project)

5.750%

7/1/21

(1)

220

221

 

Tobacco Securitization Auth. Rev. (Southern California Tobacco Settlement)

4.750%

6/1/25

 

7,970

7,147

 

Ukiah CA Electric Rev.

6.250%

6/1/18

(1)

6,000

6,768

 

Union CA Elementary School Dist. GO

0.000%

9/1/15

(3)

3,860

2,909

 

Union CA Elementary School Dist. GO

0.000%

9/1/16

(3)

1,500

1,071

 

Union CA Elementary School Dist. GO

0.000%

9/1/17

(3)

2,295

1,549

 

Union CA Elementary School Dist. GO

0.000%

9/1/18

(3)

1,630

1,038

 

Union CA Elementary School Dist. GO

0.000%

9/1/19

(3)

1,750

1,046

 

Union CA Elementary School Dist. GO

0.000%

9/1/20

(3)

2,300

1,285

 

Union CA Elementary School Dist. GO

0.000%

9/1/21

(3)

2,000

1,050

 

Univ. of California Regents VRDO

2.400%

9/2/08

 

4,000

4,000

 

Univ. of California Rev.

4.750%

5/15/33

 

12,425

12,229

 

Univ. of California Rev.

5.000%

5/15/33

(2)

30,790

30,615

 

Univ. of California Rev. (San Diego Medical Center)

5.125%

12/1/18

(4)

3,695

3,874

 

Univ. of California Rev. (San Diego Medical Center)

5.125%

12/1/19

(4)

3,000

3,154

 

Vallejo CA Sanitation & Flood Control COP

5.000%

7/1/19

(3)

5,000

4,948

2

Walnut Valley CA USD

6.000%

8/1/12

(2)(ETM)

1,790

2,025

2

Walnut Valley CA USD

6.000%

8/1/13

(2)(ETM)

1,980

2,279

2

Walnut Valley CA USD

6.000%

8/1/14

(2)(ETM)

2,205

2,575

 

Walnut Valley CA USD

6.000%

8/1/15

(2)(ETM)

2,470

2,918

 

Walnut Valley CA USD

6.000%

8/1/16

(2)(ETM)

2,690

3,199

 

Washington Township CA Health Care Dist. Rev.

5.000%

7/1/32

 

3,000

2,781

 

Washington Township CA Health Care Dist. Rev.

5.000%

7/1/37

 

3,500

3,187

 

Yuba City CA USD

0.000%

9/1/15

(3)

1,870

1,388

 

Yuba City CA USD

0.000%

9/1/17

(3)

2,060

1,364

 

Yuba City CA USD

0.000%

9/1/19

(3)

2,270

1,329

 

2,997,796

Puerto Rico (2.5%)

 

Puerto Rico GO

5.000%

7/1/13

(Prere.)

4,025

4,436

 

Puerto Rico GO

5.250%

7/1/16

(Prere.)

4,290

4,873

 

Puerto Rico GO

5.500%

7/1/16

(1)

10,000

10,688

 

Puerto Rico GO

5.500%

7/1/19

(2)

6,500

6,761

 

Puerto Rico GO

5.250%

7/1/27

 

5,710

5,676

 

Puerto Rico Highway & Transp. Auth. Rev.

5.250%

7/1/10

 

5,000

5,172

 

Puerto Rico Muni. Finance Agency

5.250%

7/1/19

(11)

2,250

2,294

 

Puerto Rico Muni. Finance Agency

5.250%

8/1/19

(4)

7,000

7,518

 

Puerto Rico Muni. Finance Agency

5.250%

7/1/20

(11)

1,300

1,316

 

Puerto Rico Muni. Finance Agency

5.250%

8/1/20

(11)

2,255

2,283

 

Puerto Rico Muni. Finance Agency

5.250%

7/1/21

(11)

1,445

1,459

 

Puerto Rico Muni. Finance Agency

5.250%

8/1/22

(11)

3,000

3,021

 

Puerto Rico Muni. Finance Agency

5.250%

8/1/23

(11)

1,000

1,005

 

Puerto Rico Public Buildings Auth. Govt. Fac. Rev.

5.250%

7/1/14

(Prere.)

75

82

 

Puerto Rico Public Buildings Auth. Govt. Fac. Rev.

5.250%

7/1/33

 

5,175

5,111

 

Puerto Rico Public Finance Corp. PUT

5.750%

2/1/12

LOC

16,000

16,410

 

 

 

 

 

 

78,105

 

Total Tax-Exempt Municipal Bonds (Cost $3,073,831)

 

 

 

3,075,901

 

Total Investments (99.4%) (Cost $3,073,831)

 

 

 

3,075,901

 

Other Assets and Liabilities-Net (0.6%)

 

 

 

17,952

 

Net Assets (100%)

 

 

 

 

3,093,853

1 Security purchased on a when-issued or delayed delivery basis for which the fund has not taken delivery as of August 31, 2008.

2 Securities with a value of $6,406,000 have been segregated as initial margin for open futures contracts.

 

 

 

Key to Abbreviations

 

ARS - Auction Rate Security.

BAN - Bond Anticipation Note.

COP - Certificate of Participation.

CP - Commercial Paper.

FR - Floating Rate.

GAN - Grant Anticipation Note.

GO - General Obligation Bond.

IDA - Industrial Development Authority Bond.

IDR - Industrial Development Revenue Bond.

PCR - Pollution Control Revenue Bond.

PUT - Put Option Obligation.

RAN - Revenue Anticipation Note.

TAN - Tax Anticipation Note.

TOB - Tender Option Bond.

TRAN - Tax Revenue Anticipation Note.

UFSD - Union Free School District.

USD - United School District.

VRDO - Variable Rate Demand Obligation.

(ETM) - Escrowed to Maturity.

(Prere.) - Prerefunded.

 

Scheduled principal and interest payments are guaranteed by:

(1) MBIA (Municipal Bond Insurance Association).

(2) AMBAC (Ambac Assurance Corporation).

(3) FGIC (Financial Guaranty Insurance Company).

(4) FSA (Financial Security Assurance).

(5) BIGI (Bond Investors Guaranty Insurance).

(6) Connie Lee Inc.

(7) FHA (Federal Housing Authority).

(8) CapMAC (Capital Markets Assurance Corporation).

(9) American Capital Access Financial Guaranty Corporation.

(10) XL Capital Assurance Inc.

(11) CIFG (CDC IXIS Financial Guaranty).

(12) Assured Guaranty Corp.

(13) National Indemnity Co. (Berkshire Hathaway).

The insurance does not guarantee the market value of the municipal bonds.

 

 

 

 

 

 

 

 

 

LOC - Scheduled principal and interest payments are guaranteed by bank letter of credit.

 

Security Valuation: Bonds, and temporary cash investments acquired over 60 days to maturity, are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.

Futures Contracts: Futures contracts are valued based upon their quoted daily settlement prices.

At August 31, 2008, the cost of investment securities for tax purposes was $3,088,168,000. Net unrealized depreciation of investment securities for tax purposes was $12,267,000, consisting of unrealized gains of $61,849,000 on securities that had risen in value since their purchase and $74,116,000 in unrealized losses on securities that had fallen in value since their purchase.

At August 31, 2008, the aggregate settlement value of open futures contracts expiring in December 2008 and the related unrealized appreciation (depreciation) were:

 

 

 

($000)

Futures Contracts

Number of

 

 

 

Long

Aggregate

Unrealized

 

(Short

Settlement

Appreciation

 

Contracts

Value

(Depreciation

30- Year U.S. Treasury Bond

(397)

46,573

178

 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

 

In September 2006, the Financial Accounting Standards Board issued Statement of Financial Accounting Standards No. 157 (“FAS 157”), “Fair Value Measurements.” FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

 

The various inputs that may be used to determine the value of the fund's investments are summarized in three broad levels. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

 

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

 

The following table summarizes the fund's investments as of August 31, 2008, based on the inputs used to value them:

 

Valuation Inputs

Investments

in Securities ($000)

Futures Contracts ($000)

Level 1- Quoted prices

 

178

Level 2- Other significant observable inputs

3,075,901

 

Level 3- Significant unobservable inputs

 

 

Total

3,075,901

178

 

 

 

 



Vanguard California Intermediate-Term Tax-Exempt

Schedule of Investments

As of August 31, 2008

 

 

 

 

 

 

 

Face

Market

 

 

 

Maturity

Amount

Value

 

 

Coupon

Date

($000)

($000)

 

Tax-Exempt Municipal Bonds (99.4%)

 

 

 

 

 

 

California (95.4%)

 

 

 

 

 

 

ABAG Finance Auth. for Non-Profit Corp. California (Acacia Creek) VRDO

2.250%

9/2/08

 

18,800

18,800

 

ABAG Finance Auth. for Non-Profit Corp. California (Charleston Project) VRDO

2.550%

9/2/08

LOC

4,500

4,500

 

ABAG Finance Auth. for Non-Profit Corp. California (Children's Hosp. Medical Center) COP

6.000%

12/1/09

(2)(Prere.)

9,180

9,742

 

ABAG Finance Auth. for Non-Profit Corp. California (Oshman Family Jewish Community) VRDO

2.200%

9/2/08

LOC

20,650

20,650

 

Alameda CA Corridor Transp. Auth. Rev.

5.125%

10/1/14

(1)

10,150

10,506

 

Alameda CA Corridor Transp. Auth. Rev.

0.000%

10/1/20

(2)

12,250

6,547

 

Alameda CA Corridor Transp. Auth. Rev.

0.000%

10/1/29

(2)

30,000

8,892

 

Alameda CA Corridor Transp. Auth. Rev.

0.000%

10/1/30

(2)

8,000

2,219

 

Alameda County CA (Medical Center) COP

5.250%

6/1/09

(1)(ETM)

2,910

2,948

 

Alameda County CA (Medical Center) COP

5.250%

6/1/12

(1)(ETM)

1,595

1,615

 

Alameda County CA (Medical Center) COP

5.250%

6/1/13

(1)(ETM)

1,785

1,807

 

Alameda County CA (Medical Center) COP

5.375%

6/1/14

(1)(ETM)

1,880

1,903

 

Alameda County CA (Medical Center) COP

5.375%

6/1/15

(1)(ETM)

3,960

4,009

 

Alameda County CA COP

5.375%

12/1/10

(1)

2,000

2,111

 

Alameda County CA COP

5.375%

12/1/12

(1)

11,000

11,851

 

Alameda County CA COP

5.375%

12/1/13

(1)

13,930

15,008

 

Alameda County CA COP

5.375%

12/1/14

(1)

4,790

5,154

 

Alameda County CA COP

5.375%

12/1/15

(1)

1,500

1,614

 

Anaheim CA Public Finance Auth. Electric System Rev.

5.250%

10/1/14

(4)

2,330

2,532

 

Anaheim CA Public Finance Auth. Electric System Rev.

5.000%

10/1/15

(4)

4,010

4,268

 

Anaheim CA Public Finance Auth. Electric System Rev.

5.000%

10/1/16

(1)

1,915

2,045

 

 

 

 

 

 

Anaheim CA Public Finance Auth. Electric System Rev.

5.000%

10/1/16

(4)

5,000

5,293

 

Anaheim CA Public Finance Auth. Electric System Rev.

5.250%

10/1/17

(4)

2,750

2,972

 

Anaheim CA Public Finance Auth. Electric System Rev.

5.000%

10/1/20

(1)

4,210

4,441

 

Anaheim CA Public Finance Auth. Electric System Rev.

5.000%

10/1/21

(1)

4,425

4,636

 

Anaheim CA Public Finance Auth. Electric System Rev.

5.000%

10/1/22

(1)

4,660

4,844

 

Anaheim CA Public Finance Auth. Electric System Rev.

5.000%

10/1/24

(1)

5,175

5,328

 

Anaheim CA Public Finance Auth. Electric System Rev.

5.000%

10/1/25

(1)

5,450

5,590

 

Anaheim CA Union High School Dist. GO

5.375%

8/1/12

(4)(Prere.)

2,235

2,477

 

Anaheim CA Union High School Dist. GO

5.375%

8/1/12

(4)(Prere.)

1,250

1,385

 

Anaheim CA Union High School Dist. GO

5.375%

8/1/12

(4)(Prere.)

1,000

1,108

 

Antioch CA Public Finance Auth. Reassessment Rev.

5.000%

9/2/13

(2)

10,030

10,048

 

Bakersfield CA WasteWater Rev.

5.000%

9/15/24

(4)

7,600

7,926

 

Bakersfield CA WasteWater Rev.

5.000%

9/15/25

(4)

10,065

10,458

 

Bakersfield CA WasteWater Rev.

5.000%

9/15/27

(4)

10,400

10,728

 

Bay Area CA Infrastructure Financing Auth. Rev.

5.000%

8/1/17

(2)

32,610

33,419

 

Bay Area CA Infrastructure Financing Auth. Rev.

5.000%

8/1/17

(3)

50,000

51,451

 

Bay Area Toll Auth. CA Toll Bridge Rev.

5.000%

4/1/16

 

6,400

7,065

 

Bay Area Toll Auth. CA Toll Bridge Rev.

5.000%

4/1/17

 

12,330

13,584

 

Bay Area Toll Auth. CA Toll Bridge Rev.

5.000%

4/1/18

 

21,440

23,356

 

Burbank CA Public Finance Auth.

5.250%

12/1/12

(2)

3,540

3,814

 

Burbank CA Public Finance Auth.

5.250%

12/1/13

(2)

4,615

5,004

 

Cabrillo CA Community College Dist. Rev.

0.000%

8/1/11

(3)

2,465

2,249

 

Cabrillo CA Community College Dist. Rev.

0.000%

8/1/12

(3)

2,525

2,207

 

Cabrillo CA Community College Dist. Rev.

0.000%

8/1/13

(3)

2,590

2,168

 

Cabrillo CA Community College Dist. Rev.

0.000%

8/1/14

(3)

2,655

2,117

 

Cabrillo CA Community College Dist. Rev.

5.000%

8/1/27

(1)

8,710

8,875

 

California County CA Tobacco Securitization Agency

0.000%

6/1/21

 

15,000

11,451

 

California Dept. of Water Resources Water System Rev. (Central Valley)

5.000%

12/1/12

(3)(ETM)

90

99

 

California Dept. of Water Resources Water System Rev. (Central Valley)

5.000%

12/1/12

(3)

3,550

3,851

 

 

 

 

 

 

California Dept. of Water Resources Water System Rev. (Central Valley)

5.000%

12/1/24

 

5,000

5,280

 

California Dept. of Water Resources Water System Rev. (Central Valley)

5.000%

12/1/26

 

8,465

8,871

 

California Educ. Fac. Auth. Rev. (College of Arts & Crafts)

6.875%

6/1/14

 

360

398

 

California Educ. Fac. Auth. Rev. (College of Arts & Crafts)

6.875%

6/1/15

 

380

423

 

California Educ. Fac. Auth. Rev. (College of Arts & Crafts)

6.875%

6/1/16

 

400

447

 

California Educ. Fac. Auth. Rev. (Stanford Univ.)

5.000%

3/15/14

 

10,000

11,054

 

California Educ. Fac. Auth. Rev. (Univ. of Southern California)

5.600%

10/1/09

 

1,260

1,289

 

California GO

5.750%

12/1/09

(3)

11,765

12,322

 

California GO

5.750%

2/1/11

(3)

6,500

6,998

 

California GO

5.000%

4/1/12

 

2,000

2,146

 

California GO

5.375%

4/1/12

(Prere.)

6,970

7,674

 

California GO

5.000%

6/1/12

 

16,280

17,502

 

California GO

5.375%

4/1/15

 

125

134

 

California GO

5.000%

4/1/17

 

7,520

8,126

 

California GO

5.250%

2/1/18

(1)

5,000

5,448

 

California GO

6.000%

2/1/18

(2)

6,240

7,162

 

California GO

5.000%

4/1/18

 

10,000

10,747

 

California GO

5.000%

8/1/19

 

30,000

31,388

 

California GO

5.000%

3/1/20

 

55,385

57,342

 

California GO

5.000%

8/1/20

 

10,000

10,440

 

California GO

5.000%

6/1/22

 

13,260

13,572

 

California GO

5.000%

9/1/23

 

12,120

12,385

 

California GO

5.000%

10/1/23

 

12,500

12,775

 

California GO

5.000%

12/1/23

 

5,000

5,123

 

California GO

5.000%

8/1/24

(4)

37,225

38,409

 

California GO

5.000%

8/1/24

 

10,000

10,185

 

California GO

5.000%

10/1/24

 

16,940

17,244

 

California GO

5.000%

11/1/24

 

10,000

10,198

 

California GO

5.000%

3/1/25

 

2,000

2,027

 

California GO

5.000%

8/1/25

 

10,000

10,151

 

California GO

5.000%

12/1/25

 

21,015

21,356

 

California GO

5.000%

12/1/25

 

2,795

2,836

 

California GO

5.000%

3/1/26

 

10,070

10,177

 

California GO

5.000%

4/1/26

 

37,480

37,963

 

California GO

5.500%

8/1/26

 

10,000

10,579

 

California GO

5.500%

3/1/27

 

12,900

13,563

 

California GO

5.000%

4/1/27

 

24,285

24,487

 

California GO

5.500%

8/1/27

 

20,930

22,041

 

California GO

5.250%

11/1/27

 

4,000

4,070

 

California GO

5.000%

3/1/28

 

10,855

10,894

 

California GO

5.000%

6/1/28

 

10,005

10,044

 

California Health Fac. Finance Auth. Rev. (Adventist Health System)

5.000%

3/1/16

 

2,170

2,228

 

 

 

 

 

 

California Health Fac. Finance Auth. Rev. (Adventist Health System)

5.000%

3/1/19

 

1,025

1,032

 

California Health Fac. Finance Auth. Rev. (California-Nevada Methodist)

5.000%

7/1/26

 

1,740

1,730

 

California Health Fac. Finance Auth. Rev. (Catholic Healthcare West)

5.500%

7/1/09

(1)

2,425

2,456

 

California Health Fac. Finance Auth. Rev. (Catholic Healthcare West)

5.500%

7/1/10

(1)

2,080

2,106

 

California Health Fac. Finance Auth. Rev. (Catholic Healthcare West)

5.500%

7/1/11

(1)

2,675

2,708

 

California Health Fac. Finance Auth. Rev. (Catholic Healthcare West)

5.500%

7/1/12

(1)

2,465

2,496

 

California Health Fac. Finance Auth. Rev. (Catholic Healthcare West)

5.500%

7/1/25

 

5,000

5,056

 

California Health Fac. Finance Auth. Rev. (Cedars-Sinai Medical Center)

5.000%

11/15/14

 

4,000

4,240

 

California Health Fac. Finance Auth. Rev. (Cedars-Sinai Medical Center)

5.000%

11/15/16

 

2,000

2,095

 

California Health Fac. Finance Auth. Rev. (Cedars-Sinai Medical Center)

5.000%

11/15/17

 

4,585

4,753

 

California Health Fac. Finance Auth. Rev. (Kaiser Permanente)

5.250%

6/1/09

(4)(ETM)

6,290

6,434

 

California Health Fac. Finance Auth. Rev. (Kaiser Permanente)

0.000%

10/1/09

(1)

7,140

6,972

 

California Health Fac. Finance Auth. Rev. (Kaiser Permanente)

5.250%

10/1/09

(2)(ETM)

10,525

10,662

 

California Health Fac. Finance Auth. Rev. (Kaiser Permanente)

5.250%

6/1/10

(4)(ETM)

5,310

5,429

 

California Health Fac. Finance Auth. Rev. (Kaiser Permanente)

5.250%

6/1/11

(4)(ETM)

7,250

7,412

 

California Health Fac. Finance Auth. Rev. (Kaiser Permanente)

5.250%

10/1/16

(ETM)

5,000

5,063

 

California Health Fac. Finance Auth. Rev. (Lucile Salter Packard Hosp.)

5.000%

8/15/14

(2)

2,280

2,467

 

California Health Fac. Finance Auth. Rev. (Lucile Salter Packard Hosp.)

5.000%

8/15/15

(2)

2,245

2,406

 

California Health Fac. Finance Auth. Rev. (Lucile Salter Packard Hosp.)

5.000%

8/15/16

(2)

2,515

2,684

 

California Health Fac. Finance Auth. Rev. (Lucile Salter Packard Hosp.)

5.000%

8/15/17

(2)

2,630

2,779

 

California Health Fac. Finance Auth. Rev. (Pomona Valley Hosp.)

5.500%

7/1/10

(1)

3,570

3,614

 

California Health Fac. Finance Auth. Rev. (Sisters of Providence)

6.000%

10/1/09

(2)

4,490

4,651

 

California Health Fac. Finance Auth. Rev. (Stanford Hosp.)

5.000%

11/15/14

 

2,715

2,836

 

California Health Fac. Finance Auth. Rev. (Stanford Hosp.)

5.000%

11/15/15

 

3,000

3,111

 

California Health Fac. Finance Auth. Rev. (Stanford Hosp.)

5.000%

11/15/16

 

6,275

6,457

 

 

 

 

 

 

California Health Fac. Finance Auth. Rev. (Stanford Hospital) PUT

3.450%

6/15/11

 

10,000

10,146

 

California Health Fac. Finance Auth. Rev. (Sutter Health)

5.500%

8/15/12

(4)

1,030

1,043

 

California Health Fac. Finance Auth. Rev. (Sutter Health)

5.500%

8/15/12

(4)

5,410

5,477

 

California Housing Finance Agency Home Mortgage

5.200%

8/1/28

 

4,500

4,516

 

California Infrastructure & Econ. Dev. Bank Rev.

5.000%

2/1/11

 

10,000

10,548

 

California Infrastructure & Econ. Dev. Bank Rev.

5.000%

2/1/12

 

6,000

6,391

 

California Infrastructure & Econ. Dev. Bank Rev.

5.000%

2/1/13

 

8,325

8,935

 

California Infrastructure & Econ. Dev. Bank Rev. (Asian Art Museum)

5.500%

6/1/10

(1)(Prere.)

1,300

1,390

 

California Infrastructure & Econ. Dev. Bank Rev. (Asian Art Museum)

5.500%

6/1/10

(1)(Prere.)

2,935

3,138

 

California Infrastructure & Econ. Dev. Bank Rev. (Asian Art Museum)

5.500%

6/1/10

(1)(Prere.)

2,245

2,400

 

California Infrastructure & Econ. Dev. Bank Rev. (California Science Center)

5.000%

5/1/18

(3)

1,785

1,866

 

California Infrastructure & Econ. Dev. Bank Rev. (California Science Center)

5.000%

5/1/19

(3)

1,040

1,076

 

California Infrastructure & Econ. Dev. Bank Rev. (California Science Center)

5.000%

5/1/21

(3)

1,145

1,162

 

California Infrastructure & Econ. Dev. Bank Rev. (Clean Water State Revolving Fund)

5.000%

10/1/14

 

2,500

2,695

 

California Infrastructure & Econ. Dev. Bank Rev. (Clean Water State Revolving Fund)

5.000%

10/1/15

 

3,500

3,766

 

California Infrastructure & Econ. Dev. Bank Rev. (Clean Water State Revolving Fund)

5.000%

10/1/16

 

4,500

4,833

 

California Infrastructure & Econ. Dev. Bank Rev. (Contemporary Jewish Museum) VRDO

2.250%

9/2/08

LOC

20,940

20,940

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.000%

10/1/10

 

1,325

1,377

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.000%

10/1/11

 

1,275

1,341

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.000%

10/1/12

 

2,950

3,106

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.000%

10/1/13

 

2,350

2,459

 

 

 

 

 

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.500%

10/1/14

 

2,250

2,378

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.500%

10/1/15

 

2,430

2,553

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.500%

10/1/16

 

3,620

3,786

 

California Infrastructure & Econ. Dev. Bank Rev. (J. David Gladstone Institute)

5.500%

10/1/17

 

3,820

3,980

 

California Infrastructure & Econ. Dev. Bank Rev. (J. Paul Getty Trust) PUT

3.900%

12/1/11

 

9,000

9,325

 

California Infrastructure & Econ. Dev. Bank Rev. (J. Paul Getty Trust) PUT

4.000%

12/1/11

 

18,395

18,889

 

California Infrastructure & Econ. Dev. Bank Rev. (Jewish Community Center) VRDO

2.250%

9/2/08

LOC

52,320

52,320

 

California Infrastructure & Econ. Dev. Bank Rev. (Workers' Compensation)

5.250%

10/1/13

(2)

18,000

19,826

 

California Infrastructure & Econ. Dev. Bank Rev. (Workers' Compensation)

5.250%

10/1/14

(2)

25,815

28,224

 

California PCR Financing Auth. Rev. (San Diego Gas & Electric)

5.900%

6/1/14

(1)

17,135

19,086

 

California PCR Financing Auth. Solid Waste Disposal Rev. (USA Waste Services) PUT

4.000%

6/1/10

 

1,000

989

 

California Public Works Board Lease Rev. (Butterfield)

5.000%

6/1/20

 

3,895

3,982

 

California Public Works Board Lease Rev. (California State Univ.)

5.300%

10/1/15

(2)

6,655

6,803

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.000%

6/1/09

 

9,000

9,212

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.000%

6/1/10

 

4,000

4,185

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.000%

6/1/11

 

3,500

3,707

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.000%

6/1/12

 

5,000

5,348

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.000%

12/1/12

(1)

10,625

11,372

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.000%

1/1/18

(2)

27,790

29,414

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.500%

6/1/21

 

10,000

10,487

 

California Public Works Board Lease Rev. (Dept. of Corrections)

5.500%

6/1/22

 

10,000

10,444

 

California Public Works Board Lease Rev. (Dept. of Mental Health)

5.500%

6/1/17

 

8,000

8,663

 

 

 

 

 

 

California Public Works Board Lease Rev. (Dept. of Mental Health)

5.500%

6/1/18

 

5,000

5,376

 

California Public Works Board Lease Rev. (Regents of the Univ. of California)

5.000%

6/1/18

(3)

10,310

11,117

 

California Public Works Board Lease Rev. (Regents of the Univ. of California)

5.000%

6/1/19

(3)

5,000

5,324

 

California Public Works Board Lease Rev. (Regents of the Univ. of California)

5.000%

6/1/20

(3)

7,670

8,114

 

California Public Works Board Lease Rev. (Secretary of State)

6.500%

12/1/08

(2)

5,000

5,059

 

California Public Works Board Lease Rev. (Univ. of California)

5.375%

10/1/16

(1)

4,750

4,856

 

California Public Works Board Lease Rev. (Univ. of California)

5.000%

4/1/25

 

5,765

5,895

 

California Public Works Board Lease Rev. (Univ. of California)

5.250%

11/1/26

(1)

9,010

9,204

 

California State Dept. of Water Resources Power Supply Rev.

5.500%

5/1/10

 

3,500

3,697

 

California State Dept. of Water Resources Power Supply Rev.

5.500%

5/1/11

 

7,000

7,550

 

California State Dept. of Water Resources Power Supply Rev.

5.250%

5/1/12

(1)

10,000

10,875

 

California State Dept. of Water Resources Power Supply Rev.

5.375%

5/1/12

(10)(Prere.)

9,000

10,008

 

California State Dept. of Water Resources Power Supply Rev.

5.500%

5/1/13

(2)

16,985

18,626

 

California State Dept. of Water Resources Power Supply Rev.

6.000%

5/1/13

 

5,000

5,573

 

California State Dept. of Water Resources Power Supply Rev.

6.000%

5/1/14

 

12,500

13,834

 

California State Dept. of Water Resources Power Supply Rev.

5.000%

5/1/17

 

25,000

27,288

 

California State Dept. of Water Resources Power Supply Rev.

5.000%

5/1/21

 

50,000

52,500

 

California State Dept. of Water Resources Power Supply Rev. VRDO

2.400%

9/2/08

LOC

13,285

13,285

 

California State Econ. Recovery Bonds

5.250%

7/1/12

 

33,940

37,127

 

California State Econ. Recovery Bonds

5.250%

7/1/13

 

57,275

63,472

 

California State Econ. Recovery Bonds

5.250%

7/1/14

 

30,000

33,487

 

California State Econ. Recovery Bonds

5.000%

7/1/15

 

4,935

5,393

 

California State Econ. Recovery Bonds

5.000%

7/1/17

(3)

28,000

29,360

 

California State Econ. Recovery Bonds PUT

4.000%

3/1/10

 

37,180

38,170

 

California State Econ. Recovery Bonds PUT

5.000%

3/1/10

 

55,000

57,358

 

California State Econ. Recovery Bonds PUT

5.000%

7/1/10

 

55,000

57,779

 

 

 

 

 

 

California State Econ. Recovery Bonds PUT

5.000%

7/1/11

 

20,000

21,373

 

California State Econ. Recovery Bonds VRDO

2.010%

9/2/08

 

18,000

18,000

1

California State GO TOB VRDO

3.100%

9/8/08

(4)

4,330

4,330

 

California State Univ. Rev. Systemwide

5.375%

11/1/14

(3)

5,390

5,827

 

California State Univ. Rev. Systemwide

5.000%

11/1/22

(2)

18,590

19,130

 

California State Univ. Rev. Systemwide

5.000%

11/1/24

 

11,190

11,642

 

California State Univ. Rev. Systemwide

5.000%

11/1/25

 

11,820

12,250

 

California State Univ. Rev. Systemwide

5.000%

11/1/26

 

12,530

12,937

 

California State Univ. Rev. Systemwide

5.000%

11/1/27

 

5,000

5,143

 

California State Univ. Rev. Systemwide

5.000%

11/1/27

(4)

10,000

10,304

 

California Statewide Communities Dev. Auth. PCR (Southern California Edison) PUT

4.250%

11/1/16

(3)

15,000

14,526

 

California Statewide Communities Dev. Auth. PCR (Southern California Edison) PUT

4.250%

11/1/16

(3)

25,000

24,442

 

California Statewide Community Dev. Auth. Rev.

4.500%

7/1/18

(4)

15,875

16,281

 

California Statewide Community Dev. Auth. Rev. (Adventist Health)

5.000%

3/1/25

 

14,975

14,706

 

California Statewide Community Dev. Auth. Rev. (Catholic Healthcare West)

6.000%

7/1/09

(ETM)

120

123

 

California Statewide Community Dev. Auth. Rev. (Catholic Healthcare West)

6.000%

7/1/09

(ETM)

395

407

 

California Statewide Community Dev. Auth. Rev. (Children's Hosp. of Los Angeles) COP

6.000%

6/1/11

(1)

2,365

2,547

 

California Statewide Community Dev. Auth. Rev. (Daughters of Charity Health)

5.250%

7/1/11

 

2,025

2,097

 

California Statewide Community Dev. Auth. Rev. (Daughters of Charity Health)

5.250%

7/1/12

 

1,500

1,553

 

California Statewide Community Dev. Auth. Rev. (Daughters of Charity Health)

5.250%

7/1/13

 

1,250

1,291

 

California Statewide Community Dev. Auth. Rev. (Daughters of Charity Health)

5.000%

7/1/22

 

5,155

4,843

 

California Statewide Community Dev. Auth. Rev. (Daughters of Charity Health)

5.250%

7/1/24

 

5,000

4,754

 

California Statewide Community Dev. Auth. Rev. (Daughters of Charity Health)

5.250%

7/1/25

 

2,295

2,170

 

California Statewide Community Dev. Auth. Rev. (Irvine Univ. of California East LLC)

5.500%

5/15/26

 

5,000

4,884

 

 

 

 

 

 

California Statewide Community Dev. Auth. Rev. (Kaiser Permanente) PUT

3.450%

5/1/11

 

8,750

8,826

 

California Statewide Community Dev. Auth. Rev. (Lodi Memorial Hospital)

5.000%

12/1/22

 

8,000

7,912

 

California Statewide Community Dev. Auth. Rev. (Los Angeles Orthopedic Hosp. Foundation)

5.125%

6/1/13

(2)

1,530

1,540

 

California Statewide Community Dev. Auth. Rev. (Los Angeles Orthopedic Hosp. Foundation)

5.250%

6/1/14

(2)

1,610

1,621

 

California Statewide Community Dev. Auth. Rev. (Memorial Health Services)

6.000%

10/1/13

 

6,920

7,519

 

California Statewide Community Dev. Auth. Rev. (Memorial Health Services)

6.000%

10/1/14

 

5,335

5,762

 

California Statewide Community Dev. Auth. Rev. (Memorial Health Services)

6.000%

10/1/15

 

7,780

8,345

 

California Statewide Community Dev. Auth. Rev. (Sherman Oaks Foundation)

5.500%

8/1/15

(2)

4,685

5,164

 

Chino Basin CA Regional Financing Auth. Rev. (Muni. Water Dist. Sewer System)

6.500%

8/1/10

(2)

3,095

3,335

 

Clovis CA USD GO

0.000%

8/1/12

(3)

4,715

4,109

 

Clovis CA USD GO

0.000%

8/1/18

(3)

3,645

2,298

 

Clovis CA USD GO

0.000%

8/1/25

(3)

11,630

4,728

 

Compton CA USD GO

5.250%

9/1/13

(1)(Prere.)

1,295

1,448

 

Compton CA USD GO

5.250%

9/1/13

(1)(Prere.)

1,460

1,632

 

Compton CA USD GO

5.250%

9/1/13

(1)(Prere.)

1,645

1,839

 

Contra Costa County CA Public Financing Lease Rev.

5.000%

6/1/22

(1)

15,300

15,780

 

Culver City CA Redev. Financing Auth.

5.375%

11/1/16

(4)

3,260

3,421

 

East Bay CA Muni. Util. Dist. Water System Rev.

5.000%

6/1/17

(3)

2,100

2,297

 

Eastern California Muni. Water. Dist. Water & Sewer COP

5.000%

7/1/26

 

5,245

5,363

 

Eastern California Muni. Water. Dist. Water & Sewer COP

5.000%

7/1/27

 

6,220

6,336

 

Eastern California Muni. Water. Dist. Water & Sewer COP

5.000%

7/1/28

 

2,000

2,028

 

Fontana CA Public Finance Auth. Subordinate Lien Tax Allocation Rev. Bonds

5.000%

10/1/21

(2)

2,145

2,187

 

Fontana CA Public Finance Auth. Subordinate Lien Tax Allocation Rev. Bonds

5.000%

10/1/23

(2)

2,875

2,909

 

Fontana CA Public Finance Auth. Subordinate Lien Tax Allocation Rev. Bonds

5.000%

10/1/24

(2)

3,475

3,504

 

 

 

 

 

 

Fontana CA Public Finance Auth. Subordinate Lien Tax Allocation Rev. Bonds

5.000%

10/1/26

(2)

4,480

4,480

 

Foothill-De Anza CA Community College Dist. GO

6.000%

8/1/10

(Prere.)

1,150

1,248

 

Foothill-De Anza CA Community College Dist. GO

6.000%

8/1/10

(Prere.)

1,235

1,340

 

Foothill-De Anza CA Community College Dist. GO

6.000%

8/1/11

 

1,330

1,433

2

Foothill/Eastern Corridor Agency California Toll Road Rev.

5.250%

1/15/13

(1)

5,000

5,146

2

Foothill/Eastern Corridor Agency California Toll Road Rev.

5.375%

1/15/15

(1)

5,000

5,131

 

Fresno CA Sewer Rev.

5.000%

9/1/23

(12)

1,000

1,047

 

Fresno CA Sewer Rev.

5.000%

9/1/24

(12)

2,255

2,351

 

Glendale CA School Dist. GO

5.750%

9/1/17

(3)

3,790

3,889

 

Golden State Tobacco Securitization Corp. California

5.000%

6/1/13

(2)(Prere.)

6,930

7,479

 

Golden State Tobacco Securitization Corp. California

5.500%

6/1/13

(Prere.)

28,815

31,729

 

Golden State Tobacco Securitization Corp. California

5.500%

6/1/13

(3)(Prere.)

5,000

5,506

 

Golden State Tobacco Securitization Corp. California

5.625%

6/1/13

(Prere.)

9,000

9,959

 

Golden State Tobacco Securitization Corp. California

6.250%

6/1/13

(Prere.)

48,660

53,185

 

Golden State Tobacco Securitization Corp. California

6.625%

6/1/13

(Prere.)

35,820

41,207

 

Golden State Tobacco Securitization Corp. California

6.750%

6/1/13

(Prere.)

26,790

30,966

 

Golden State Tobacco Securitization Corp. California

7.800%

6/1/13

(Prere.)

25,170

30,187

 

Golden State Tobacco Securitization Corp. California

5.000%

6/1/33

 

17,500

13,838

 

Golden State Tobacco Securitization Corp. California

0.000%

6/1/37

 

30,000

16,825

 

Imperial Irrigation Dist. of California (Electric System) COP

5.200%

11/1/09

(1)

6,905

7,015

 

Inland Empire Tobacco Securitization Auth. Rev.

4.625%

6/1/21

 

10,190

9,401

 

Intermodal Container Transfer Fac. Joint Power Auth. California Rev.

5.000%

11/1/10

(2)

1,470

1,535

 

Intermodal Container Transfer Fac. Joint Power Auth. California Rev.

5.000%

11/1/11

(2)

1,665

1,759

 

Intermodal Container Transfer Fac. Joint Power Auth. California Rev.

5.125%

11/1/12

(2)

2,540

2,722

 

Intermodal Container Transfer Fac. Joint Power Auth. California Rev.

5.125%

11/1/13

(2)

1,870

2,015

 

Irvine CA Public Fac. & Infrastructure Auth. Assessment Rev.

4.600%

9/2/15

(2)

2,925

3,028

 

 

 

 

 

 

Irvine CA Public Fac. & Infrastructure Auth. Assessment Rev.

4.700%

9/2/16

(2)

3,045

3,151

 

Irvine CA USD Financing Auth. Special Tax

5.000%

9/1/25

(2)

8,645

8,394

 

Kings River Conservation Dist. California COP

5.000%

5/1/12

 

2,715

2,784

 

Kings River Conservation Dist. California COP

5.000%

5/1/13

 

2,315

2,374

 

Kings River Conservation Dist. California COP

5.000%

5/1/14

 

3,500

3,581

 

Kings River Conservation Dist. California COP

5.000%

5/1/15

(ETM)

2,590

2,638

 

Kings River Conservation Dist. California COP

5.000%

5/1/15

 

1,755

1,788

 

La Mesa-Spring Valley CA School Dist. GO

5.375%

8/1/12

(3)(Prere.)

1,040

1,153

 

La Mesa-Spring Valley CA School Dist. GO

5.375%

8/1/12

(3)(Prere.)

1,200

1,330

 

La Mesa-Spring Valley CA School Dist. GO

5.375%

8/1/12

(3)(Prere.)

1,380

1,529

 

Loma Linda CA Hosp. Rev. (Loma Linda Univ.)

5.000%

12/1/18

 

8,665

8,670

 

Long Beach CA Finance Auth. Lease Rev.

6.000%

11/1/09

(2)

3,735

3,879

 

Long Beach CA Finance Auth. Lease Rev.

6.000%

11/1/10

(2)

3,860

4,111

 

Long Beach CA Finance Auth. Lease Rev.

6.000%

11/1/17

(2)

3,670

4,093

 

Long Beach CA Finance Auth. Lease Rev. (Aquarium of the South Pacific)

5.500%

11/1/14

(2)

3,435

3,677

 

Long Beach CA Finance Auth. Lease Rev. (Rainbow Harbor)

5.250%

5/1/09

(2)(Prere.)

2,035

2,105

 

Long Beach CA Finance Auth. Rev.

3.289%

11/15/25

 

16,845

12,280

 

Long Beach CA Finance Auth. Rev.

3.309%

11/15/26

 

22,025

16,056

 

Los Angeles CA Community College Dist. GO

5.500%

8/1/11

(1)(Prere.)

6,250

6,826

 

Los Angeles CA Community College Dist. GO

5.000%

8/1/21

(4)

15,000

15,788

 

Los Angeles CA Convention & Exhibit Center Auth. Lease Rev.

6.000%

8/15/10

(1)

10,975

11,754

 

Los Angeles CA Convention & Exhibit Center Auth. Lease Rev.

6.125%

8/15/11

(1)

1,300

1,427

 

Los Angeles CA COP

5.000%

4/1/14

(2)

1,435

1,516

 

Los Angeles CA COP

5.000%

4/1/15

(2)

1,560

1,635

 

Los Angeles CA COP

5.000%

4/1/16

(2)

1,725

1,799

 

Los Angeles CA COP

5.000%

4/1/18

(2)

1,950

2,012

 

Los Angeles CA Dept. of Airports International Airport Rev.

5.000%

5/15/11

(1)

13,255

14,068

 

Los Angeles CA Dept. of Airports International Airport Rev.

5.000%

5/15/13

(1)

10,500

11,344

 

Los Angeles CA Dept. of Airports International Airport Rev.

5.000%

5/15/24

 

4,000

4,046

 

 

 

 

 

 

Los Angeles CA Dept. of Airports International Airport Rev.

5.250%

5/15/25

 

3,000

3,085

 

Los Angeles CA Dept. of Water & Power Rev.

5.125%

10/15/13

(1)(ETM)

3,500

3,546

 

Los Angeles CA Dept. of Water & Power Rev.

5.250%

7/1/15

(1)

4,600

4,888

 

Los Angeles CA Dept. of Water & Power Rev.

5.000%

10/15/15

(1)(ETM)

10,000

10,131

 

Los Angeles CA Dept. of Water & Power Rev.

5.000%

10/15/17

(1)(ETM)

7,600

7,700

 

Los Angeles CA Dept. of Water & Power Rev.

5.250%

7/1/19

(4)

17,000

18,121

 

Los Angeles CA Dept. of Water & Power Rev.

5.000%

7/1/23

(4)

20,605

21,339

 

Los Angeles CA Dept. of Water & Power Rev.

5.000%

7/1/24

 

11,475

11,535

 

Los Angeles CA GO

5.250%

9/1/12

(3)

2,000

2,182

 

Los Angeles CA Muni. Improvement Corp. Lease Rev.

5.000%

9/1/12

(3)

7,480

8,054

 

Los Angeles CA Muni. Improvement Corp. Lease Rev.

5.000%

8/1/25

(3)

7,725

7,752

 

Los Angeles CA Muni. Improvement Corp. Lease Rev.

5.000%

8/1/28

(3)

8,980

8,912

 

Los Angeles CA Muni. Improvement Corp. Lease Rev. (Police Headquarters Fac.)

5.000%

1/1/21

(3)

13,330

13,602

 

Los Angeles CA Muni. Improvement Corp. Lease Rev. (Police Headquarters Fac.)

5.000%

1/1/22

(3)

13,995

14,194

 

Los Angeles CA Muni. Improvement Corp. Lease Rev. (Police Headquarters Fac.)

5.000%

1/1/23

(3)

14,700

14,839

 

Los Angeles CA Muni. Improvement Corp. Lease Rev. (Police Headquarters Fac.)

5.000%

1/1/24

(3)

15,435

15,518

 

Los Angeles CA USD GO

5.625%

7/1/09

(1)(Prere.)

5,000

5,218

 

Los Angeles CA USD GO

5.625%

7/1/09

(1)(Prere.)

5,000

5,218

 

Los Angeles CA USD GO

5.000%

7/1/10

 

10,840

11,398

 

Los Angeles CA USD GO

5.500%

7/1/10

(3)(Prere.)

9,160

9,744

 

Los Angeles CA USD GO

5.000%

7/1/11

 

13,325

14,213

 

Los Angeles CA USD GO

5.500%

7/1/11

(1)

16,525

17,809

 

Los Angeles CA USD GO

4.500%

7/1/12

(4)

5,515

5,868

 

Los Angeles CA USD GO

4.500%

7/1/12

(4)

11,990

12,758

 

Los Angeles CA USD GO

5.500%

7/1/12

(1)

5,240

5,749

 

Los Angeles CA USD GO

6.000%

7/1/12

(3)

1,470

1,635

 

Los Angeles CA USD GO

5.000%

7/1/13

(4)

4,650

5,081

 

Los Angeles CA USD GO

6.000%

7/1/13

(3)

3,745

4,231

 

Los Angeles CA USD GO

5.000%

7/1/14

(4)

5,000

5,501

 

Los Angeles CA USD GO

6.000%

7/1/14

(3)

1,440

1,649

 

Los Angeles CA USD GO

5.000%

7/1/16

(3)

2,000

2,186

 

Los Angeles CA USD GO

5.000%

7/1/16

(4)

3,000

3,245

 

Los Angeles CA USD GO

5.000%

7/1/17

(4)

5,000

5,355

 

Los Angeles CA USD GO

5.500%

7/1/17

(3)

10,000

11,286

 

Los Angeles CA USD GO

5.000%

7/1/18

(2)

4,000

4,293

 

 

 

 

 

 

Los Angeles CA USD GO

5.000%

7/1/18

(2)

5,000

5,410

 

Los Angeles CA USD GO

5.000%

7/1/18

(3)

5,000

5,342

 

Los Angeles CA USD GO

5.000%

7/1/19

(3)

5,000

5,287

 

Los Angeles CA USD GO

5.000%

7/1/19

(3)

7,000

7,416

 

Los Angeles CA USD GO

5.000%

7/1/20

(2)

14,135

14,883

 

Los Angeles CA USD GO

5.000%

7/1/21

(2)

15,940

16,675

 

Los Angeles CA USD GO

5.000%

7/1/22

(2)

16,760

17,397

 

Los Angeles CA USD GO

4.500%

7/1/23

(4)

30,825

30,823

 

Los Angeles CA USD GO

5.000%

7/1/23

(2)

6,000

6,225

 

Los Angeles CA USD GO

5.000%

7/1/23

(4)

12,975

13,549

 

Los Angeles CA USD GO

5.000%

7/1/23

(4)

23,535

24,576

 

Los Angeles CA USD GO

5.000%

7/1/24

(4)

6,745

7,013

 

Los Angeles CA USD GO

5.000%

7/1/24

(4)

17,210

17,894

 

Los Angeles CA USD GO

5.000%

7/1/25

(2)

10,235

10,522

 

Los Angeles CA USD GO

4.500%

7/1/26

(2)

10,000

9,631

 

Los Angeles CA USD GO

4.500%

1/1/28

(1)

8,500

8,150

 

Los Angeles CA USD GO

5.000%

7/1/28

(2)

7,845

7,982

 

Los Angeles CA Wastewater System Rev.

5.000%

6/1/26

(1)

17,280

17,453

 

Los Angeles County CA Capital Asset Leasing Corp. Rev.

6.000%

12/1/11

(2)

2,360

2,583

 

Los Angeles County CA Capital Asset Leasing Corp. Rev.

6.000%

12/1/13

(2)

2,760

3,104

 

Los Angeles County CA Metro. Transp. Auth. Sales Tax Rev.

6.000%

7/1/11

(2)

2,745

3,000

 

Los Angeles County CA Metro. Transp. Auth. Sales Tax Rev.

5.250%

7/1/14

(4)

14,000

15,013

 

Los Angeles County CA Metro. Transp. Auth. Sales Tax Rev.

5.000%

7/1/16

(4)

8,410

9,038

 

Los Angeles County CA Metro. Transp. Auth. Sales Tax Rev.

5.000%

7/1/17

(4)

10,000

10,709

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/14

(1)

24,180

25,956

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

10/1/15

(4)

10,000

11,097

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/15

(1)

8,540

9,170

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.250%

10/1/16

(4)

4,000

4,520

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.250%

10/1/17

(4)

7,000

7,902

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/19

(1)

4,860

5,022

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/20

(1)

6,155

6,299

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/21

(1)

6,460

6,562

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/22

(1)

6,790

6,872

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/23

(1)

2,175

2,192

 

 

 

 

 

 

Los Angeles County CA Public Works Financing Auth. Rev.

5.000%

12/1/24

(1)

3,095

3,108

 

Los Angeles County CA Schools COP

0.000%

8/1/11

(2)(ETM)

1,945

1,775

 

Los Angeles County CA Schools COP

0.000%

8/1/13

(2)(ETM)

2,010

1,683

 

Metro. Water Dist. of Southern California Rev.

5.000%

7/1/12

 

21,495

23,392

 

Metro. Water Dist. of Southern California Rev.

5.000%

7/1/24

 

7,290

7,656

 

Modesto CA Irrigation Dist. COP

5.000%

7/1/17

(1)

3,165

3,298

 

Modesto CA Irrigation Dist. COP

5.000%

10/1/21

(2)

2,030

2,077

 

Modesto CA Irrigation Dist. COP

5.000%

10/1/22

(2)

2,515

2,563

 

Modesto CA Irrigation Dist. COP

5.000%

10/1/23

(2)

2,645

2,684

3

Modesto CA Irrigation Dist. COP

5.000%

7/1/27

 

3,855

3,855

 

Modesto CA Irrigation Dist. Finance Auth. Rev.

5.125%

9/1/15

(2)

4,365

4,417

 

MSR California Public Power Agency Rev. (San Juan Project)

5.000%

7/1/13

(1)

1,500

1,572

 

MSR California Public Power Agency Rev. (San Juan Project)

6.750%

7/1/20

(1)(ETM)

2,200

2,626

 

Mt. Diablo CA USD GO

5.000%

8/1/15

(4)

2,110

2,244

 

Mt. Diablo CA USD GO

5.000%

8/1/16

(4)

2,210

2,351

 

Natomas CA USD COP PUT

5.000%

2/1/10

(2)

6,895

6,990

 

New Haven CA USD GO

12.000%

8/1/12

(4)

3,440

4,604

 

New Haven CA USD GO

12.000%

8/1/15

(4)

2,905

4,452

 

Newark CA USD GO

0.000%

8/1/10

(4)

1,000

953

 

Northern California Gas Auth. No. 1 Rev.

2.320%

7/1/13

 

19,770

16,977

 

Northern California Gas Auth. No. 1 Rev.

2.470%

7/1/17

 

23,385

18,211

 

Northern California Power Agency Rev.

5.250%

8/1/15

(2)

2,000

2,041

 

Oakland CA COP

5.000%

4/1/11

(2)

1,855

1,948

 

Oakland CA Joint Powers Financing Auth. Lease Rev. (Oakland Admin. Bldgs.)

5.000%

8/1/23

(12)

5,000

5,090

 

Oakland CA Joint Powers Financing Auth. Lease Rev. (Oakland Admin. Bldgs.)

5.000%

8/1/24

(12)

3,695

3,744

 

Oakland CA Joint Powers Financing Auth. Lease Rev. (Oakland Admin. Bldgs.)

5.000%

8/1/25

(12)

5,405

5,443

 

Oakland CA Joint Powers Financing Auth. Lease Rev. (Oakland Admin. Bldgs.)

5.000%

8/1/26

(12)

4,190

4,203

 

Oakland CA Joint Powers Financing Auth. Lease Rev. (Oakland Convention Center)

5.500%

10/1/12

(2)

3,000

3,213

 

Oakland CA Joint Powers Financing Auth. Lease Rev. (Oakland Convention Center)

5.500%

10/1/13

(2)

1,500

1,615

 

Oakland CA Redev. Agency (Central Dist.)

5.500%

9/1/13

(3)

3,990

4,316

 

Oakland CA Redev. Agency (Central Dist.)

5.500%

9/1/15

(3)

3,790

4,099

 

Oakland CA Redev. Agency (Central Dist.)

5.500%

9/1/16

(3)

6,210

6,693

 

Oakland CA Redev. Agency (Central Dist.)

5.000%

9/1/20

(2)

14,070

14,410

 

Oakland CA USD GO

5.000%

8/1/19

(4)

13,425

14,364

 

Orange County CA Airport Rev.

5.000%

7/1/11

(4)

3,165

3,378

 

Orange County CA Airport Rev.

5.000%

7/1/17

(4)

1,725

1,847

 

 

 

 

 

 

Orange County CA Airport Rev.

5.000%

7/1/18

(4)

1,500

1,590

 

Orange County CA Dev. Agency Tax Allocation

5.250%

9/1/14

(1)

1,415

1,513

 

Orange County CA Dev. Agency Tax Allocation

5.250%

9/1/15

(1)

1,485

1,588

 

Orange County CA Dev. Agency Tax Allocation

5.375%

9/1/16

(1)

1,570

1,686

 

Orange County CA Local Transp. Auth. Sales Tax Rev.

5.700%

2/15/11

(2)

15,445

16,632

 

Orange County CA Recovery COP

6.000%

6/1/10

(1)(ETM)

3,800

4,064

 

Orange County CA Sanitation Dist. COP

5.000%

2/1/18

(4)

7,470

8,080

 

Palomar Pomerado Health System California Rev.

5.375%

11/1/10

(1)

2,670

2,747

 

Palomar Pomerado Health System California Rev.

5.375%

11/1/12

(1)

7,080

7,282

 

Pasadena CA Electric Rev.

5.000%

6/1/17

(1)

2,320

2,456

 

Pasadena CA Electric Rev.

5.000%

6/1/18

(1)

2,535

2,638

 

Pomona CA Single Family Mortgage Rev.

7.600%

5/1/23

(ETM)

12,005

15,291

 

Port of Oakland CA Rev.

5.000%

11/1/11

(3)

5,160

5,488

 

Port of Oakland CA Rev.

5.000%

11/1/12

(3)

2,650

2,840

 

Port of Oakland CA Rev.

5.250%

11/1/12

(3)(Prere.)

7,150

7,889

 

Port of Oakland CA Rev.

5.250%

11/1/12

(3)(Prere.)

5,000

5,517

 

Port of Oakland CA Rev.

5.250%

11/1/12

(3)(Prere.)

5,000

5,517

 

Port of Oakland CA Rev.

5.250%

11/1/12

(3)(Prere.)

6,300

6,951

 

Port of Oakland CA Rev.

5.000%

11/1/19

(1)

7,750

8,114

 

Port of Oakland CA Rev.

5.000%

11/1/19

(1)

8,000

8,376

 

Port of Oakland CA Rev.

5.000%

11/1/20

(1)

6,400

6,622

 

Port of Oakland CA Rev.

5.000%

11/1/26

(1)

10,000

10,021

 

Rancho CA Water Dist. Finance Auth. Rev.

5.500%

11/1/16

(10)

5,480

6,186

 

Rancho CA Water Dist. Finance Auth. Rev.

5.500%

11/1/17

(10)

5,855

6,599

 

Rancho Cucamonga CA Redev. Agency Tax Allocation (Rancho Redev.)

5.000%

9/1/10

(2)

3,820

3,993

 

Rancho Cucamonga CA Redev. Agency Tax Allocation (Rancho Redev.)

5.000%

9/1/15

(2)

2,835

3,029

 

Rancho Cucamonga CA Redev. Agency Tax Allocation (Rancho Redev.)

5.000%

9/1/16

(2)

5,100

5,406

 

Rancho Mirage CA Joint Powers Financing Auth. Rev. (Eisenhower Medical Center)

5.000%

7/1/27

 

12,000

11,484

 

Riverside CA Electric Rev.

5.375%

10/1/08

(2)(Prere.)

2,300

2,331

 

Riverside CA Electric Rev.

5.375%

10/1/13

(2)

3,595

3,640

 

Riverside CA Electric Rev.

5.000%

10/1/23

(4)

2,160

2,272

 

Riverside CA Electric Rev.

5.000%

10/1/24

(4)

1,000

1,047

 

Riverside CA Electric Rev.

5.000%

10/1/25

(4)

2,000

2,085

 

Riverside CA Electric Rev.

5.000%

10/1/26

(4)

2,500

2,596

 

Riverside CA Electric Rev.

5.000%

10/1/27

(4)

3,570

3,693

 

Riverside County CA Transp. Commission Sales Tax Rev. PUT

5.000%

12/1/09

 

15,000

15,490

 

 

 

 

 

 

Roseville CA Natural Gas Financing Auth.

5.000%

2/15/18

 

2,280

2,191

 

Roseville CA Natural Gas Financing Auth.

5.000%

2/15/19

 

10,000

9,502

 

Sacramento CA Cogeneration Auth. Rev.

5.250%

7/1/11

(1)

4,730

4,787

 

Sacramento CA Cogeneration Auth. Rev.

5.250%

7/1/14

(1)

5,500

5,566

 

Sacramento CA Cogeneration Auth. Rev.

5.250%

7/1/15

(1)

5,755

5,824

 

Sacramento CA Cogeneration Auth. Rev.

5.000%

7/1/17

(1)

4,760

4,816

 

Sacramento CA Financing Auth. Lease Rev.

5.375%

12/1/12

(4)(Prere.)

4,395

4,900

 

Sacramento CA Financing Auth. Lease Rev.

5.000%

11/1/14

(1)

4,170

4,397

 

Sacramento CA Financing Auth. Lease Rev.

5.375%

12/1/14

(4)

1,630

1,784

 

Sacramento CA Financing Auth. Lease Rev.

5.000%

12/1/19

(3)

12,860

13,378

 

Sacramento CA Financing Auth. Lease Rev.

5.000%

12/1/20

(3)

13,670

14,083

 

Sacramento CA Muni. Util. Dist. Rev.

6.250%

8/15/10

(1)

19,475

20,431

 

Sacramento CA Muni. Util. Dist. Rev.

5.000%

11/15/12

(1)

2,185

2,340

 

Sacramento CA Muni. Util. Dist. Rev.

5.250%

8/15/13

(4)

1,000

1,066

 

Sacramento CA Muni. Util. Dist. Rev.

5.250%

8/15/14

(4)

2,500

2,652

 

Sacramento CA Muni. Util. Dist. Rev.

5.000%

8/15/16

(4)

10,000

11,056

 

Sacramento CA Muni. Util. Dist. Rev.

5.000%

7/1/17

(1)

4,000

4,084

 

Sacramento CA Muni. Util. Dist. Rev.

5.250%

7/1/24

(2)

10,000

10,574

 

Sacramento County CA Airport Rev.

5.000%

7/1/23

(4)

2,000

2,085

 

Sacramento County CA Airport Rev.

5.000%

7/1/24

(4)

2,500

2,594

 

Sacramento County CA Airport Rev.

5.000%

7/1/24

(4)

1,785

1,858

 

Sacramento County CA Public Fac. Finance Corp. COP (Main Detention Fac.)

5.500%

6/1/10

(1)(ETM)

2,425

2,520

 

Sacramento County CA Sanitation Dist. Financing Auth.

6.000%

12/1/13

 

2,500

2,711

 

Sacramento County CA Sanitation Dist. Financing Auth.

6.000%

12/1/15

 

2,500

2,700

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/17

(3)

1,000

1,081

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/19

(3)

8,000

8,486

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/20

(3)

2,055

2,159

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/21

(3)

6,000

6,262

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/22

(3)

5,495

5,695

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/23

(3)

7,030

7,248

 

Sacramento County CA Sanitation Dist. Financing Auth.

5.000%

12/1/25

(3)

5,000

5,119

 

Sacramento County CA Water Financing Auth. Rev. Agency Zones

5.000%

6/1/13

(2)(Prere.)

1,235

1,360

 

 

 

 

 

 

San Bernardino County CA Justice Center and Airport COP

5.000%

7/1/14

(1)

5,585

5,986

 

San Bernardino County CA Medical Center COP

5.500%

8/1/17

(1)

5,250

5,726

 

San Bernardino County CA Medical Center COP

6.500%

8/1/17

(1)

5,000

5,715

 

San Bernardino County CA Medical Center COP

5.500%

8/1/22

(1)

8,940

9,926

 

San Diego CA Community College Dist. GO

5.000%

8/1/23

(4)

5,000

5,253

 

San Diego CA Financing Auth. Lease Rev.

5.250%

4/1/12

(2)

3,000

3,036

 

San Diego CA Financing Auth. Lease Rev.

5.250%

4/1/14

(2)

5,680

5,749

 

San Diego CA USD GO

0.000%

7/1/09

(3)

6,270

6,156

 

San Diego CA USD GO

0.000%

7/1/14

(3)

3,400

2,720

 

San Diego CA USD GO

5.000%

7/1/15

(4)(Prere.)

9,200

10,287

 

San Diego CA USD GO

5.000%

7/1/15

(4)(Prere.)

15,250

17,053

 

San Diego CA USD GO

5.000%

7/1/15

(4)(Prere.)

10,000

11,182

 

San Diego CA USD GO

5.500%

7/1/17

(1)

2,895

3,293

 

San Diego CA USD GO

0.000%

7/1/18

(3)

9,500

6,099

 

San Diego CA USD GO

5.500%

7/1/20

(4)

9,490

10,721

 

San Diego CA USD GO

5.500%

7/1/20

(1)

11,390

12,799

 

San Diego CA USD GO

5.500%

7/1/21

(4)

11,470

12,901

 

San Diego CA USD GO

5.500%

7/1/22

(4)

12,790

14,420

 

San Diego CA USD GO

5.500%

7/1/23

(4)

9,210

10,402

 

San Diego CA USD GO

5.500%

7/1/26

(4)

23,990

26,690

 

San Diego CA USD GO

5.500%

7/1/27

(4)

20,000

22,277

 

San Diego CA Water Auth. Rev. COP

5.250%

5/1/15

(3)

6,215

6,870

 

San Diego CA Water Auth. Rev. COP

5.250%

5/1/16

(3)

7,880

8,735

 

San Diego CA Water Auth. Rev. COP

5.250%

5/1/17

(3)

14,005

15,497

 

San Diego CA Water Auth. Rev. COP

5.250%

5/1/21

(3)

6,725

7,214

 

San Diego CA Water Auth. Rev. COP

5.250%

5/1/22

(3)

7,075

7,552

 

San Diego CA Water Auth. Rev. COP

5.000%

5/1/24

(4)

6,000

6,281

 

San Diego CA Water Auth. Rev. COP

5.000%

5/1/25

(4)

7,595

7,920

 

San Diego County CA COP

5.000%

2/1/22

(2)

2,000

2,030

 

San Diego County CA COP

5.000%

2/1/24

(2)

1,500

1,511

 

San Diego County CA COP

5.000%

2/1/26

(2)

1,000

1,000

 

San Francisco CA City & County COP (San Bruno Jail)

5.250%

10/1/14

(2)

2,860

2,923

 

San Francisco CA City & County COP (San Bruno Jail)

5.125%

10/1/17

(2)

1,000

1,022

 

San Francisco CA City & County GO (Laguna Honda Hosp.)

5.000%

6/15/16

(2)

8,000

8,561

 

San Francisco CA City & County International Airport Rev.

5.250%

5/1/12

(1)(Prere.)

4,015

4,410

 

San Francisco CA City & County International Airport Rev.

5.250%

5/1/13

(1)

2,430

2,592

 

San Francisco CA City & County International Airport Rev.

5.250%

5/1/14

(1)

3,185

3,375

 

San Francisco CA City & County International Airport Rev.

5.250%

5/1/26

 

25,000

25,225

 

 

 

 

 

 

San Francisco CA City & County International Airport Rev.

5.000%

5/1/27

(3)

13,075

12,795

 

San Francisco CA City & County Redev. Agency Lease Rev. (Moscone Center)

5.000%

7/1/16

(4)

3,270

3,465

 

San Francisco CA City & County Water Rev.

5.000%

11/1/17

(1)

4,865

5,164

 

San Joaquin County CA Delta Community College Dist. Election GO

0.000%

8/1/26

(4)

15,500

5,772

 

San Joaquin County CA Delta Community College Dist. Election GO

0.000%

8/1/27

(4)

15,500

5,409

 

San Joaquin County CA Transp. Auth. Rev. Notes

5.000%

4/1/11

 

10,000

10,650

 

San Joaquin Hills CA Transp. Corridor Agency Toll Road Rev.

0.000%

1/15/11

(1)

7,140

6,605

 

San Joaquin Hills CA Transp. Corridor Agency Toll Road Rev.

0.000%

1/15/14

(1)

5,500

4,407

 

San Jose CA Airport Rev.

5.375%

3/1/13

(4)

4,945

5,409

 

San Jose CA Airport Rev.

5.375%

3/1/14

(4)

7,550

8,197

 

San Jose CA Airport Rev.

5.375%

3/1/15

(4)

7,950

8,623

 

San Jose CA Financing Auth. Lease Rev.

5.000%

9/1/13

(1)

9,570

10,068

 

San Jose CA Redev. Agency

5.250%

8/1/13

(1)

5,000

5,406

 

San Jose CA Redev. Agency

5.250%

8/1/14

(1)

5,000

5,428

 

San Jose CA Redev. Agency

5.000%

8/1/22

(2)

13,705

13,921

 

San Jose CA Redev. Agency

5.000%

8/1/23

(2)

40,000

40,429

 

San Jose CA Redev. Agency

5.000%

8/1/24

(1)

23,360

23,526

 

San Jose CA Redev. Agency

5.000%

8/1/25

(1)

24,980

25,015

 

San Jose CA USD GO

5.250%

8/1/10

(4)(Prere.)

2,540

2,721

 

San Jose CA USD GO

5.250%

8/1/10

(4)(Prere.)

2,790

2,989

 

San Juan CA USD GO

5.500%

8/1/10

(3)(Prere.)

1,930

2,077

 

San Juan CA USD GO

5.500%

8/1/10

(3)(Prere.)

1,950

2,098

 

San Juan CA USD GO

5.600%

8/1/10

(3)(Prere.)

2,685

2,894

 

San Juan CA USD GO

5.600%

8/1/10

(3)(Prere.)

2,745

2,959

 

San Mateo CA Redev. Auth. Tax Allocation

5.000%

8/1/11

(Prere.)

1,000

1,077

 

San Mateo CA Redev. Auth. Tax Allocation

5.200%

8/1/11

(Prere.)

2,045

2,214

 

San Mateo CA Redev. Auth. Tax Allocation

5.250%

8/1/11

(Prere.)

2,225

2,412

 

San Mateo CA Union High School Dist. GO

0.000%

9/1/10

(3)

1,200

1,137

 

San Mateo CA Union High School Dist. GO

0.000%

9/1/12

(3)

1,180

1,028

 

San Mateo CA Union High School Dist. GO

0.000%

9/1/13

(3)

1,715

1,431

 

San Mateo CA Union High School Dist. GO

0.000%

9/1/14

(3)

1,500

1,192

 

San Mateo County CA Community College Dist. GO

5.375%

9/1/15

(3)

1,300

1,401

 

San Mateo County CA Community College Dist. GO

5.375%

9/1/18

(3)

1,515

1,614

 

 

 

 

 

 

San Mateo County CA Community College Dist. GO

0.000%

9/1/21

(1)

4,645

2,448

 

San Mateo County CA Community College Dist. GO

0.000%

9/1/22

(1)

5,675

2,804

 

San Mateo County CA Community College Dist. GO

0.000%

9/1/24

(1)

2,825

1,236

 

San Mateo County CA Community College Dist. GO

0.000%

9/1/25

(1)

4,000

1,653

 

San Mateo County CA Community College Dist. GO

5.000%

9/1/26

 

3,170

3,286

 

San Mateo County CA Transp. Dist. Sales Tax Rev.

5.250%

6/1/09

(4)(Prere.)

1,865

1,935

 

San Mateo County CA Transp. Dist. Sales Tax Rev.

5.250%

6/1/09

(4)(Prere.)

4,275

4,435

 

Santa Ana CA Community Redev. Agency Tax Allocation (South Main Street)

5.000%

9/1/18

(3)

2,685

2,779

 

Santa Ana CA Finance Auth. Rev.

5.375%

9/1/09

(1)

3,040

3,131

 

Santa Ana CA Finance Auth. Rev.

5.375%

9/1/10

(1)

1,600

1,653

 

Santa Barbara County CA COP

5.250%

12/1/12

(2)

1,000

1,083

 

Santa Barbara County CA COP

5.250%

12/1/13

(2)

2,355

2,552

 

Santa Barbara County CA COP

5.250%

12/1/15

(2)

1,065

1,154

 

Santa Barbara County CA COP

5.250%

12/1/16

(2)

1,760

1,907

 

Santa Clara CA Electric Rev.

5.250%

7/1/17

(1)

1,475

1,593

 

Santa Clara CA Electric Rev.

5.250%

7/1/18

(1)

1,720

1,823

 

Santa Clara County CA Financing Auth. Lease Rev.

7.750%

11/15/10

(2)

4,500

5,006

 

Santa Clara County CA Financing Auth. Lease Rev.

5.500%

5/15/11

(2)

4,535

4,784

 

Santa Clara County CA Financing Auth. Lease Rev.

7.750%

11/15/11

(2)

1,000

1,149

 

Santa Clara County CA Financing Auth. Lease Rev.

5.500%

5/15/12

(2)

4,785

5,048

 

Santa Clara County CA Financing Auth. Lease Rev.

5.000%

11/15/17

 

11,540

12,641

 

Santa Clara County CA Financing Auth. Lease Rev.

5.000%

11/15/18

 

10,000

10,898

 

Santa Clara County CA Financing Auth. Lease Rev.

5.000%

5/15/28

 

15,150

15,358

 

Santa Margarita/Dana Point CA Auth. Rev.

5.500%

8/1/09

(2)

3,860

3,909

 

Santa Margarita/Dana Point CA Auth. Rev.

7.250%

8/1/09

(1)

2,000

2,095

 

Santa Margarita/Dana Point CA Auth. Rev.

5.500%

8/1/10

(2)

2,245

2,273

 

Santa Margarita/Dana Point CA Auth. Rev.

7.250%

8/1/10

(1)

4,630

5,053

 

Solano County CA COP

5.000%

11/1/17

(1)

4,110

4,419

 

Solano County CA COP

5.000%

11/1/18

(1)

3,810

4,048

 

Solano County CA COP

5.000%

11/1/19

(1)

3,995

4,206

 

Solano County CA COP

5.000%

11/1/20

(1)

4,195

4,367

 

 

 

 

 

 

Solano County CA COP

5.000%

11/1/21

(1)

4,405

4,559

 

South Orange County CA Public Finance Auth. Rev.

7.000%

9/1/08

(1)

5,610

5,611

 

South Orange County CA Public Finance Auth. Rev.

7.000%

9/1/09

(1)

5,000

5,198

 

South Orange County CA Public Finance Auth. Rev.

7.000%

9/1/10

(1)

3,300

3,542

 

South Orange County CA Public Finance Auth. Rev.

7.000%

9/1/11

(1)

3,490

3,840

 

South Orange County CA Public Finance Auth. Rev.

5.375%

8/15/12

(4)

5,605

5,804

 

South Orange County CA Public Finance Auth. Rev.

5.250%

8/15/13

(2)

2,290

2,317

 

South San Francisco CA Redev. Agency Tax Allocation

5.000%

9/1/31

(3)

7,255

6,996

 

Southern California Public Power Auth. (Natural Gas Project) Rev.

5.250%

11/1/23

 

5,250

5,244

 

Southern California Public Power Auth. (Natural Gas Project) Rev.

5.250%

11/1/24

 

5,000

4,973

 

Southern California Public Power Auth. (Natural Gas Project) Rev.

5.250%

11/1/25

 

5,000

4,966

 

Southern California Public Power Auth. (Natural Gas Project) Rev.

5.250%

11/1/26

 

2,500

2,474

 

Southern California Public Power Auth. Rev. (San Juan Unit)

5.500%

1/1/13

(4)

3,500

3,880

 

Tamalpais CA Union High School Dist. GO

5.000%

8/1/15

(4)

1,855

1,973

 

Tamalpais CA Union High School Dist. GO

5.000%

8/1/16

(4)

1,930

2,053

 

Tamalpais CA Union High School Dist. GO

5.000%

8/1/17

(4)

2,015

2,143

 

Tobacco Securitization Auth. Rev. (Southern California Tobacco Settlement)

4.750%

6/1/25

 

10,245

9,187

 

Tulare County CA COP

5.000%

8/15/15

(1)

6,460

6,964

 

Univ. of California Regents

5.000%

5/15/19

(1)

5,075

5,347

 

Univ. of California Regents

5.000%

5/15/20

(1)

5,065

5,282

 

Univ. of California Regents

5.000%

5/15/25

 

19,385

19,935

 

Univ. of California Regents

5.000%

5/15/26

 

14,095

14,444

 

Univ. of California Regents VRDO

2.400%

9/2/08

 

2,900

2,900

 

Univ. of California Rev.

3.000%

5/15/11

 

1,235

1,252

 

Univ. of California Rev.

3.000%

5/15/12

 

2,000

2,025

 

Univ. of California Rev.

5.000%

5/15/17

(4)

33,320

36,385

 

Univ. of California Rev.

5.000%

5/15/18

(4)

10,000

10,820

 

Univ. of California Rev.

5.000%

5/15/19

(4)

4,375

4,698

 

Univ. of California Rev.

5.000%

5/15/20

(4)

30,900

32,847

 

Univ. of California Rev.

5.000%

5/15/21

(4)

14,915

15,754

 

Univ. of California Rev.

5.000%

5/15/26

(3)

10,000

10,205

 

Univ. of California Rev. (Multiple Purpose Project)

5.000%

9/1/08

(Prere.)

1,000

1,010

 

 

 

 

 

 

Univ. of California Rev. (Multiple Purpose Project)

5.125%

9/1/09

(3)(Prere.)

3,150

3,289

 

Univ. of California Rev. (San Diego Medical Center)

5.125%

12/1/14

(4)

4,290

4,536

 

Univ. of California Rev. (San Diego Medical Center)

5.125%

12/1/15

(4)

4,515

4,774

 

Ventura County CA Community College Dist. GO

5.000%

8/1/16

(1)

3,100

3,327

 

Ventura County CA Community College Dist. GO

5.000%

8/1/17

(1)

2,300

2,458

 

Ventura County CA COP Public Finance Auth.

5.375%

8/15/13

(4)

4,320

4,435

 

Vista CA USD GO

5.375%

8/1/12

(4)(Prere.)

1,350

1,496

 

Vista CA USD GO

5.375%

8/1/12

(4)(Prere.)

1,695

1,879

 

Vista CA USD GO

5.375%

8/1/12

(4)(Prere.)

1,455

1,613

 

Vista CA USD GO

5.375%

8/1/15

(4)

150

163

 

Vista CA USD GO

5.375%

8/1/16

(4)

190

206

 

Vista CA USD GO

5.375%

8/1/17

(4)

160

173

 

West Contra Costa CA USD

6.000%

8/1/26

 

5,000

5,359

 

Western Placer County CA USD PUT

3.625%

12/1/09

(4)

8,500

8,670

 

4,858,839

Puerto Rico (3.9%)

 

Puerto Rico Aqueduct & Sewer Auth. Rev.

6.000%

7/1/09

(1)(ETM)

5,250

5,433

 

Puerto Rico Aqueduct & Sewer Auth. Rev.

6.250%

7/1/12

(1)(ETM)

1,000

1,133

 

Puerto Rico Electric Power Auth. Rev.

5.000%

7/1/10

 

7,500

7,765

 

Puerto Rico Electric Power Auth. Rev.

5.750%

7/1/10

(4)(Prere.)

4,000

4,289

 

Puerto Rico Electric Power Auth. Rev.

5.750%

7/1/10

(4)(Prere.)

2,700

2,895

 

Puerto Rico Electric Power Auth. Rev.

5.000%

7/1/11

 

12,500

12,992

 

Puerto Rico Electric Power Auth. Rev.

5.500%

7/1/11

(4)

6,050

6,393

 

Puerto Rico Electric Power Auth. Rev.

6.000%

7/1/12

(1)

8,235

8,865

 

Puerto Rico Electric Power Auth. Rev.

5.250%

7/1/24

(3)

10,765

10,892

 

Puerto Rico Electric Power Auth. Rev.

5.250%

7/1/25

(1)

10,000

10,634

 

Puerto Rico GO

6.500%

7/1/11

(1)

2,500

2,696

 

Puerto Rico Highway & Transp. Auth. Rev.

5.500%

7/1/13

(1)

2,250

2,407

 

Puerto Rico Infrastructure Financing Auth. Special Tax Rev.

5.500%

7/1/21

(3)

5,000

5,165

 

Puerto Rico Infrastructure Financing Auth. Special Tax Rev.

5.500%

7/1/22

(3)

12,000

12,375

 

Puerto Rico Infrastructure Financing Auth. Special Tax Rev.

5.500%

7/1/23

(3)

5,835

6,014

 

Puerto Rico Infrastructure Financing Auth. Special Tax Rev.

5.500%

7/1/23

(2)

12,670

13,059

 

Puerto Rico Muni. Finance Agency

5.625%

8/1/10

(4)

17,775

18,392

 

Puerto Rico Muni. Finance Agency

5.750%

8/1/11

(4)

13,560

13,996

 

Puerto Rico Muni. Finance Agency

5.750%

8/1/11

(4)

7,750

7,999

 

Puerto Rico Muni. Finance Agency

5.000%

7/1/14

(11)

1,360

1,396

 

Puerto Rico Muni. Finance Agency

5.250%

7/1/16

(11)

1,400

1,445

 

Puerto Rico Muni. Finance Agency

5.250%

8/1/17

(4)

16,310

17,609

 

Puerto Rico Muni. Finance Agency

5.250%

7/1/18

(11)

1,000

1,016

 

Puerto Rico Public Finance Corp. PUT

5.750%

2/1/12

LOC

20,000

20,513

 

 

 

 

 

 

Univ. of Puerto Rico Rev.

5.200%

6/1/10

(1)(Prere.)

1,215

1,282

 

Univ. of Puerto Rico Rev.

5.750%

6/1/10

(1)(Prere.)

2,000

2,130

 

Univ. of Puerto Rico Rev.

5.750%

6/1/10

(1)(Prere.)

1,000

1,065

 

199,850

 

Virgin Islands (0.1%)

 

Virgin Islands Public Finance Auth. Rev.

5.250%

10/1/15

 

2,200

2,263

Total Tax-Exempt Municipal Bonds (Cost $5,069,543)

5,060,952

Total Investments (99.4%) (Cost $5,069,543)

5,060,952

Other Assets and Liabilities-Net (0.6%)

31,150

Net Assets (100%)

5,092,102

 

1 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At August 31, 2008, the value of this security represented 0.1% of net assets.

2 Securities with a value of $7,189,000 have been segregated as initial margin for open futures contracts.

3 Security purchased on a when-issued or delayed delivery basis for which the fund has not taken delivery as of August 31, 2008.

 

Key to Abbreviations

 

ARS - Auction Rate Security.

BAN - Bond Anticipation Note.

COP - Certificate of Participation.

CP - Commercial Paper.

FR - Floating Rate.

GAN - Grant Anticipation Note.

GO - General Obligation Bond.

IDA - Industrial Development Authority Bond.

IDR - Industrial Development Revenue Bond.

PCR - Pollution Control Revenue Bond.

PUT - Put Option Obligation.

RAN - Revenue Anticipation Note.

TAN - Tax Anticipation Note.

TOB - Tender Option Bond.

TRAN - Tax Revenue Anticipation Note.

UFSD - Union Free School District.

USD - United School District.

VRDO - Variable Rate Demand Obligation.

(ETM) - Escrowed to Maturity.

(Prere.) - Prerefunded.

 

Scheduled principal and interest payments are guaranteed by:

(1) MBIA (Municipal Bond Insurance Association).

(2) AMBAC (Ambac Assurance Corporation).

(3) FGIC (Financial Guaranty Insurance Company).

(4) FSA (Financial Security Assurance).

(5) BIGI (Bond Investors Guaranty Insurance).

(6) Connie Lee Inc.

(7) FHA (Federal Housing Authority).

(8) CapMAC (Capital Markets Assurance Corporation).

(9) American Capital Access Financial Guaranty Corporation.

(10) XL Capital Assurance Inc.

(11) CIFG (CDC IXIS Financial Guaranty).

(12) Assured Guaranty Corp.

(13) National Indemnity Co. (Berkshire Hathaway).

The insurance does not guarantee the market value of the municipal bonds.

 

LOC - Scheduled principal and interest payments are guaranteed by bank letter of credit.

 

 

 

Security Valuation: Bonds, and temporary cash investments acquired over 60 days to maturity, are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.

At August 31, 2008, the cost of investment securities for tax purposes was $5,079,046,000. Net unrealized depreciation of investment securities for tax purposes was $18,094,000, consisting of unrealized gains of $58,645,000 on securities that had risen in value since their purchase and $76,739,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: Futures contracts are valued based upon their quoted daily settlement prices.

At August 31, 2008, the aggregate settlement value of open futures contracts expiring in December 2008 and the related unrealized appreciation (depreciation) were:

 

 

 

 

($000)

 

 

Number of

Aggregate

Unrealized

 

 

Long (Short)

Settlement

Appreciation

Futures Contracts

Contracts

Value

(Depreciation)

30-Year U.S. Treasury Bond

(603)

70,739

271

 

 

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

Note X: In September 2006, the Financial Accounting Standards Board issued Statement of Financial Accounting Standards No. 157 (“FAS 157”), “Fair Value Measurements.” FAS 157 establishes a framework for measuring fair value and expands disclosures about fair value measurements in financial statements, effective for the fund's current fiscal period.

 

The various inputs that may be used to determine the value of the fund's investments are summarized in three broad levels. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

 

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

 

The following table summarizes the fund's investments as of August 31, 2008, based on the inputs used to value them:

 

The following table summarizes changes in investments valued based on Level 3 inputs during the period ended August 31, 2008:

 

 

Valuation Inputs

Investments in

Securities

($000)

Futures Contracts ($000)

Level 1- Quoted prices

 

271

Level 2- Other significant observable inputs

5,060,952

 

Level 3- Significant unobservable inputs

 

 

Total

5,060,952

271

 

 

 

 

Item 2: Controls and Procedures.

(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation of the Disclosur Controls and Procedures as of a date within 90 days of the filing date of this report.

(b) Internal Control Over Financial Reporting. During the last fiscal quarter, there was no significant change in the Registrant’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3:

 Exhibits.
(a) Certifications.

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.

VANGUARD CALIFORNIA TAX-FREE FUNDS

BY: /s/ F. WILLIAM MCNABB III*
F. WILLIAM MCNABB III
CHIEF EXECUTIVE OFFICER

Date: October 14, 2008

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.

VANGUARD CALIFORNIA TAX-FREE FUNDS

BY: /s/ F. WILLIAM MCNABB III*
F. WILLIAM MCNABB III
CHIEF EXECUTIVE OFFICER

Date: October 14, 2008

VANGUARD CALIFORNIA TAX-FREE FUNDS

BY: /s/ THOMAS J. HIGGINS*
THOMAS J. HIGGINS
TREASURER

Date: October 14, 2008

*By: /s/ Heidi Stam
Heidi Stam, pursuant to a Power of Attorney filed on January 18, 2008, see file Number 2-29601, Incorporated by Reference; and pursuant to a Power of Attorney filed on September 26, 2008, see File Number 2-47371, Incorporated by Reference.