N-Q 1 pataxfree_final.htm VANGUARD PENNSYLVANIA TAX FREE FUNDS pataxfree_final.htm - Generated by SEC Publisher for SEC Filing

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: 811-04571

Name of Registrant: Vanguard Pennsylvania 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

Date of fiscal year end: November 30

Date of reporting period: August 31, 2013

Item 1: Schedule of Investments


 

Vanguard Pennsylvania Tax-Exempt Money Market Fund

Schedule of Investments
As of August 31, 2013

      Face Market
    Maturity Amount Value
  Coupon Date ($000) ($000)
Tax-Exempt Municipal Bonds (99.7%)        
Pennsylvania (97.7%)        
1 Abington PA School District GO TOB VRDO 0.060% 9/6/13 LOC 10,515 10,515
Allegheny County PA GO VRDO 0.060% 9/6/13 LOC 37,280 37,280
Allegheny County PA GO VRDO 0.060% 9/6/13 LOC 14,455 14,455
Allegheny County PA Higher Education Building        
Authority University Revenue (Carnegie        
Mellon University) VRDO 0.050% 9/3/13 115,120 115,120
1 Allegheny County PA Hospital Development        
Authority Revenue (University of Pittsburgh        
Medical Center) TOB VRDO 0.060% 9/6/13 LOC 2,700 2,700
1 Allegheny County PA Hospital Development        
Authority Revenue (University of Pittsburgh        
Medical Center) TOB VRDO 0.060% 9/6/13 LOC 10,000 10,000
Allegheny County PA Industrial Development        
Authority Health Care Revenue (Vincentian        
Collaborative System) VRDO 0.060% 9/6/13 LOC 7,725 7,725
Allegheny County PA Industrial Development        
Authority Revenue (Western Pennsylvania        
School for Blind Children) VRDO 0.050% 9/6/13 6,100 6,100
Beaver County PA Industrial Development        
Authority Pollution Control Revenue        
(FirstEnergy Generation Project) VRDO 0.050% 9/3/13 LOC 35,900 35,900
Beaver County PA Industrial Development        
Authority Pollution Control Revenue        
(FirstEnergy Generation Project) VRDO 0.070% 9/3/13 LOC 6,650 6,650
Beaver County PA Industrial Development        
Authority Pollution Control Revenue        
(Metropolitan Edison Co. Project) VRDO 0.070% 9/6/13 LOC 10,000 10,000
1 Berks County PA Municipal Authority Revenue        
(Reading Hospital & Medical Center Project)        
TOB PUT 0.060% 9/6/13 LOC 22,830 22,830
1 Berks County PA Municipal Authority Revenue        
(Reading Hospital & Medical Center Project)        
TOB VRDO 0.060% 9/6/13 LOC 97,195 97,195
1 Berks County PA Municipal Authority Revenue        
(Reading Hospital & Medical Center Project)        
TOB VRDO 0.090% 9/6/13 9,750 9,750
1 Bethlehem PA Area School District GO TOB        
VRDO 0.060% 9/6/13 LOC 8,980 8,980
Bucks County PA Industrial Development        
Authority Hospital Revenue (Grand View        
Hospital) VRDO 0.060% 9/6/13 LOC 12,170 12,170
Butler County PA General Authority Revenue        
(Erie School District Project) VRDO 0.060% 9/6/13 LOC 12,440 12,440
Cambria County PA Industrial Development        
Authority Revenue (American National Red        
Cross) VRDO 0.070% 9/6/13 LOC 11,765 11,765
1 Central Bradford PA Progress Authority        
Revenue (Robert Packer Hospital) TOB        
VRDO 0.060% 9/6/13 LOC 10,495 10,495

 


 

Chester County PA Industrial Development        
Authority (Collegium Charter School Project)        
Revenue 5.500% 4/15/14 (Prere.) 7,595 7,922
Chester County PA Industrial Development        
Authority Student Housing Revenue        
(University Student Housing LLC Project)        
VRDO 0.060% 9/6/13 LOC 35,735 35,735
Chester County PA Industrial Development        
Authority Student Housing Revenue        
(University Student Housing LLC Project)        
VRDO 0.060% 9/6/13 LOC 9,900 9,900
1 Chester County PA Industrial Development        
Authority Water Facilities Revenue (Aqua        
Pennsylvania Inc. Project) TOB VRDO 0.110% 9/6/13 (13) 15,935 15,935
Delaware County Industrial Development        
Authority (Covanta Energy Project) Revenue        
VRDO 0.090% 9/6/13 LOC 3,615 3,615
Delaware County PA Authority Hospital        
Revenue (Crozer-Chester Medical Center        
Obligated Group) VRDO 0.060% 9/6/13 LOC 9,940 9,940
Delaware County PA Authority Hospital        
Revenue (Crozer-Chester Medical Center        
Obligated Group) VRDO 0.060% 9/6/13 LOC 2,520 2,520
Delaware County PA Authority Revenue        
(Haverford College) VRDO 0.040% 9/6/13 29,545 29,545
Delaware County PA GO 5.000% 10/1/13 2,900 2,911
Delaware County PA Industrial Development        
Authority Airport Facilities Revenue (United        
Parcel Service Inc.) VRDO 0.050% 9/3/13 36,900 36,900
1 Delaware County PA Industrial Development        
Authority Revenue (Aqua Pennsylvania Inc.        
Project) TOB VRDO 0.110% 9/6/13 (13) 2,515 2,515
Delaware County PA Industrial Development        
Authority Solid Waste Revenue (Scott Paper        
Co.) VRDO 0.070% 9/6/13 3,600 3,600
Delaware County PA Industrial Development        
Authority Solid Waste Revenue (Scott Paper        
Co.) VRDO 0.070% 9/6/13 14,600 14,600
Delaware County PA Industrial Development        
Authority Solid Waste Revenue (Scott Paper        
Co.) VRDO 0.070% 9/6/13 16,500 16,500
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue VRDO 0.050% 9/6/13 LOC 29,325 29,325
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 9,600 9,600
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 3,700 3,700
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 7,500 7,500
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 1,200 1,200
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 9,500 9,500
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 11,900 11,900
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 4,600 4,600
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 8,600 8,600
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 500 500
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 3,500 3,500
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 2,200 2,200
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 1,200 1,200
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 12,400 12,400
Emmaus PA General Authority Revenue VRDO 0.060% 9/6/13 LOC 6,900 6,900

 


 

Emmaus PA General Authority Revenue VRDO 0.070% 9/6/13 LOC 79,500 79,500
Geisinger Health System Authority of        
Pennsylvania Revenue (Penn State Geisinger        
Health System) VRDO 0.020% 9/3/13 31,700 31,700
Geisinger Health System Authority of        
Pennsylvania Revenue (Penn State Geisinger        
Health System) VRDO 0.020% 9/3/13 25,850 25,850
Geisinger Health System Authority of        
Pennsylvania Revenue (Penn State Geisinger        
Health System) VRDO 0.030% 9/3/13 1,200 1,200
Geisinger Health System Authority of        
Pennsylvania Revenue (Penn State Geisinger        
Health System) VRDO 0.040% 9/3/13 5,000 5,000
1 Geisinger Health System Authority of        
Pennsylvania Revenue TOB VRDO 0.070% 9/6/13 5,000 5,000
1 Geisinger Health System Authority of        
Pennsylvania Revenue TOB VRDO 0.070% 9/6/13 5,650 5,650
1 Geisinger Health System Authority of        
Pennsylvania Revenue TOB VRDO 0.070% 9/6/13 5,225 5,225
Haverford Township PA School District GO        
VRDO 0.060% 9/6/13 LOC 5,000 5,000
1 Hempfield PA School District GO TOB VRDO 0.060% 9/6/13 LOC 5,000 5,000
1 Lancaster County PA Hospital Authority Health        
System Revenue (Lancaster General Hospital        
Project) TOB VRDO 0.070% 9/6/13 3,410 3,410
Lancaster County PA Hospital Authority        
Revenue (Lancaster General Hospital Project) 5.500% 9/15/13 (Prere.) 2,950 2,956
Lancaster County PA Hospital Authority        
Revenue (Masonic Homes Project) VRDO 0.060% 9/3/13 LOC 2,505 2,505
Lower Merion PA School District GO VRDO 0.050% 9/6/13 LOC 29,945 29,945
Lower Merion PA School District GO VRDO 0.050% 9/6/13 LOC 5,900 5,900
1 Luzerne County PA Industrial Development        
Authority Water Facility Revenue        
(Pennsylvania-American Water Co.) TOB        
VRDO 0.120% 9/6/13 (13) 5,000 5,000
Montgomery County Industrial Development        
Authority (LaSalle College High School)        
Revenue VRDO 0.060% 9/6/13 LOC 7,210 7,210
Montgomery County PA GO 3.000% 10/1/13 2,000 2,004
Montgomery County PA Industrial Development        
Authority Revenue (Friends' Central School        
Project) VRDO 0.060% 9/6/13 LOC 5,865 5,865
Montgomery County PA TRAN 1.250% 12/31/13 27,500 27,595
Moon Industrial Development Authority        
Pennsylvania Mortgage Revenue (Providence        
Point Project) VRDO 0.080% 9/6/13 LOC 56,260 56,260
1 Northampton County PA General Purpose        
Authority University Revenue (Lafayette        
College) TOB VRDO 0.060% 9/6/13 17,575 17,575
Northampton County PA General Purpose        
Authority University Revenue (Lafayette        
College) VRDO 0.060% 9/6/13 5,000 5,000
1 Northampton County PA General Purpose        
Authority University Revenue (Lehigh        
University) TOB VRDO 0.060% 9/6/13 LOC 21,355 21,355

 


 

Northampton County PA General Purpose      
Authority University Revenue (Lehigh      
University) VRDO 0.050% 9/6/13 3,700 3,700
Northampton County PA General Purpose      
Authority University Revenue (Lehigh      
University) VRDO 0.060% 9/6/13 8,770 8,770
Northampton County PA General Purpose      
Authority University Revenue (Lehigh      
University) VRDO 0.060% 9/6/13 8,730 8,730
1 Nuveen Pennsylvania Investment Quality        
Municipal Fund VRDP VRDO 0.160% 9/6/13 LOC 39,000 39,000
1 Nuveen Pennsylvania Premium Income      
Municipal Fund 2 VRDP VRDO 0.160% 9/6/13 LOC 15,000 15,000
Pennsylvania Economic Development Financing      
Authority Exempt Facilities Revenue (PSEG      
Power LLC Project) VRDO 0.070% 9/6/13 LOC 14,600 14,600
Pennsylvania Economic Development Financing      
Authority Exempt Facilities Revenue        
(Shippingport Project) FirstEnergy VRDO 0.060% 9/3/13 LOC 11,000 11,000
Pennsylvania Economic Development Financing      
Authority Exempt Facilities Revenue (York      
Water Co. Project) VRDO 0.110% 9/6/13 LOC 5,000 5,000
Pennsylvania Economic Development Financing      
Authority Unemployment Compensation      
Revenue 4.000% 7/1/14 23,000 23,731
Pennsylvania Economic Development Financing      
Authority Unemployment Compensation      
Revenue VRDO 0.060% 9/6/13 LOC 16,785 16,785
1 Pennsylvania Economic Development Financing        
Authority Water Facilities Revenue (Aqua      
Pennsylvania Inc. Project) TOB PUT 0.240% 11/21/13 7,495 7,495
1 Pennsylvania Economic Development Financing        
Authority Water Facilities Revenue (Aqua      
Pennsylvania Inc. Project) TOB VRDO 0.070% 9/6/13 (13) 9,900 9,900
Pennsylvania GO 5.000% 9/1/13 1,200 1,200
Pennsylvania GO 5.000% 11/1/13 9,645 9,722
Pennsylvania GO 4.000% 11/15/13 1,000 1,008
Pennsylvania GO 5.500% 1/1/14 2,500 2,544
Pennsylvania GO 4.000% 2/1/14 (Prere.) 5,000 5,079
Pennsylvania GO 4.250% 2/1/14 (Prere.) 11,650 11,846
Pennsylvania GO 5.000% 2/1/14 (Prere.) 1,000 1,020
Pennsylvania GO 5.250% 2/1/14 1,000 1,021
Pennsylvania GO 5.500% 2/1/14 (14) 1,000 1,022
Pennsylvania GO 5.000% 2/15/14 10,000 10,217
Pennsylvania GO 5.000% 3/15/14 8,920 9,150
Pennsylvania GO 1.000% 4/1/14 33,565 33,727
Pennsylvania GO 5.000% 5/1/14 8,500 8,772
Pennsylvania GO 5.000% 7/1/14 1,200 1,248
Pennsylvania GO 5.000% 7/15/14 3,000 3,125
Pennsylvania GO 4.750% 9/1/14 1,000 1,045
1 Pennsylvania GO TOB VRDO 0.060% 9/6/13 10,400 10,400
1 Pennsylvania GO TOB VRDO 0.070% 9/6/13 12,820 12,820
1 Pennsylvania GO TOB VRDO 0.070% 9/6/13 11,440 11,440
Pennsylvania Higher Educational Facilities      
Authority (St. Francis University Project)      
Revenue 6.250% 11/1/13 (Prere.) 3,460 3,494

 


 

Pennsylvania Higher Educational Facilities        
Authority College Revenue (Holy Family        
College Project) VRDO 0.050% 9/6/13 LOC 5,760 5,760
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) VRDO 0.060% 9/3/13 LOC 1,700 1,700
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) VRDO 0.050% 9/6/13 LOC 8,350 8,350
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) VRDO 0.060% 9/6/13 LOC 6,960 6,960
1 Pennsylvania Higher Educational Facilities        
Authority Revenue (Foundation for Indiana        
University of Pennsylvania Student Housing)        
TOB VRDO 0.060% 9/6/13 LOC 1,800 1,800
Pennsylvania Higher Educational Facilities        
Authority Revenue (Gwynedd Mercy College)        
VRDO 0.050% 9/6/13 LOC 16,600 16,600
Pennsylvania Higher Educational Facilities        
Authority Revenue (Philadelphia University) 5.250% 6/1/14 (Prere.) 1,840 1,908
Pennsylvania Higher Educational Facilities        
Authority Revenue (St. Joseph's University)        
VRDO 0.070% 9/6/13 LOC 14,000 14,000
Pennsylvania Higher Educational Facilities        
Authority Revenue (Susquehanna University)        
VRDO 0.070% 9/6/13 LOC 4,700 4,700
Pennsylvania Higher Educational Facilities        
Authority Revenue (Thomas Jefferson        
University) VRDO 0.060% 9/6/13 LOC 18,040 18,040
Pennsylvania Higher Educational Facilities        
Authority Revenue (Thomas Jefferson        
University) VRDO 0.060% 9/6/13 LOC 29,755 29,755
1 Pennsylvania Higher Educational Facilities        
Authority Revenue (Trustees of the University        
of Pennsylvania) TOB PUT 0.190% 11/21/13 5,000 5,000
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Pennsylvania        
Health System) VRDO 0.050% 9/6/13 63,680 63,680
1 Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue TOB VRDO 0.070% 9/6/13 7,570 7,570
Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue VRDO 0.070% 9/6/13 16,590 16,590
Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue VRDO 0.070% 9/6/13 7,535 7,535
Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue VRDO 0.090% 9/6/13 22,715 22,715
Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue VRDO 0.090% 9/6/13 17,215 17,215
Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue VRDO 0.090% 9/6/13 14,195 14,195
1 Pennsylvania Housing Finance Agency Single        
Family Mortgage TOB VRDO 0.120% 9/6/13 2,300 2,300
Pennsylvania Intergovernmental Cooperation        
Authority Special Tax Revenue (Philadelphia        
Funding Program) 5.000% 6/15/14 2,000 2,076
1 Pennsylvania Intergovernmental Cooperation        
Authority Special Tax Revenue (Philadelphia        
Funding Program) TOB VRDO 0.070% 9/6/13 5,050 5,050
Pennsylvania State University Revenue PUT 0.220% 6/1/14 40,000 40,000

 


 

1 Pennsylvania State University Revenue TOB        
VRDO 0.060% 9/6/13 LOC 25,750 25,750
1 Pennsylvania State University Revenue TOB        
VRDO 0.070% 9/6/13 6,095 6,095
Pennsylvania Turnpike Commission Oil        
Franchise Tax Revenue 5.250% 12/1/13 (Prere.) 1,730 1,752
Pennsylvania Turnpike Commission Oil        
Franchise Tax Revenue 5.500% 12/1/13 (Prere.) 4,950 5,015
1 Pennsylvania Turnpike Commission Revenue        
TOB VRDO 0.060% 9/3/13 (13) 9,200 9,200
1 Pennsylvania Turnpike Commission Revenue        
TOB VRDO 0.190% 11/21/13 5,185 5,185
Philadelphia Authority for Industrial        
Development Revenue (Gift of Life Donor        
Program) VRDO 0.050% 9/6/13 LOC 11,390 11,390
Philadelphia PA Airport Revenue VRDO 0.070% 9/6/13 LOC 23,390 23,390
Philadelphia PA Airport Revenue VRDO 0.070% 9/6/13 LOC 9,000 9,000
Philadelphia PA Authority for Industrial        
Development Educational Facilities Revenue        
(Chestnut Hill College Project) VRDO 0.060% 9/6/13 LOC 4,200 4,200
1 Philadelphia PA Authority for Industrial        
Development Revenue (Girard Estate        
Aramark Project) VRDO 0.110% 9/6/13 LOC 3,600 3,600
Philadelphia PA Authority for Industrial        
Development Revenue (Inglis House Project)        
VRDO 0.050% 9/6/13 16,400 16,400
Philadelphia PA Gas Works Revenue VRDO 0.050% 9/6/13 LOC 32,230 32,230
Philadelphia PA Gas Works Revenue VRDO 0.050% 9/6/13 LOC 2,000 2,000
Philadelphia PA Gas Works Revenue VRDO 0.050% 9/6/13 LOC 14,000 14,000
Philadelphia PA Gas Works Revenue VRDO 0.060% 9/6/13 LOC 13,600 13,600
Philadelphia PA GO VRDO 0.050% 9/6/13 LOC 60,550 60,550
1 Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue        
(Children's Hospital of Philadelphia Project)        
TOB VRDO 0.070% 9/6/13 4,765 4,765
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue        
(Children's Hospital of Philadelphia Project)        
VRDO 0.040% 9/3/13 23,200 23,200
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue        
(Children's Hospital of Philadelphia Project)        
VRDO 0.040% 9/3/13 27,100 27,100
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue        
(Children's Hospital of Philadelphia Project)        
VRDO 0.040% 9/3/13 1,900 1,900
Philadelphia PA Industrial Development        
Authority Lease Revenue VRDO 0.050% 9/6/13 LOC 30,600 30,600
Philadelphia PA Industrial Development        
Authority Lease Revenue VRDO 0.060% 9/6/13 LOC 15,775 15,775
Philadelphia PA School District GO VRDO 0.050% 9/6/13 LOC 27,380 27,380
Philadelphia PA School District GO VRDO 0.050% 9/6/13 LOC 10,710 10,710
Philadelphia PA School District GO VRDO 0.060% 9/6/13 LOC 5,100 5,100
1 Philadelphia PA Water & Waste Water Revenue        
TOB VRDO 0.070% 9/6/13 (13) 45,210 45,210

 


 

1 Philadelphia PA Water & Waste Water Revenue        
TOB VRDO 0.180% 1/16/14 LOC 20,500 20,500
Philadelphia PA Water & Waste Water Revenue        
VRDO 0.040% 9/6/13 LOC 26,495 26,495
Philadelphia School District GO 5.250% 6/1/14 (Prere.) 1,000 1,037
Ridley PA School District GO VRDO 0.060% 9/6/13 LOC 9,485 9,485
South Fork PA Hospital Authority Hospital        
Revenue (Conemaugh Valley Memorial        
Hospital Project) VRDO 0.060% 9/6/13 LOC 15,200 15,200
1 Southcentral Pennsylvania General Authority        
Revenue (WellSpan Health Obligated Group)        
TOB VRDO 0.070% 9/6/13 9,970 9,970
Springfield PA School District GO 5.000% 3/15/14 (Prere.) 3,110 3,190
St. Mary Hospital Authority Health System        
Revenue (Catholic Health East Issue) VRDO 0.060% 9/6/13 LOC 18,415 18,415
St. Mary's Hospital Authority Bucks County PA        
Revenue (Catholic Health Initiatives) VRDO 0.060% 9/6/13 17,800 17,800
State Public School Building Authority        
Pennsylvania School Revenue (North        
Allegheny School District Project) VRDO 0.050% 9/6/13 18,125 18,125
Swarthmore Borough Authority (Swarthmore        
College) Revenue 5.000% 9/15/13 (ETM) 1,500 1,503
Union County PA Higher Educational Facilities        
Financing Authority University Revenue        
(Bucknell University) VRDO 0.070% 9/6/13 4,100 4,100
University of Pittsburgh of the Commonwealth        
System of Higher Education Pennsylvania        
(University Capital Project) RAN 2.000% 7/11/14 26,000 26,405
University of Pittsburgh PA Revenue CP 0.140% 9/4/13 20,000 20,000
University of Pittsburgh PA Revenue CP 0.140% 9/12/13 25,000 25,000
University of Pittsburgh PA Revenue CP 0.120% 10/1/13 20,000 20,000
University of Pittsburgh PA Revenue CP 0.120% 11/4/13 8,950 8,950
Washington County PA Hospital Authority        
Revenue (Washington Hospital Project)        
VRDO 0.060% 9/6/13 LOC 7,650 7,650
York County PA Industrial Development        
Authority Revenue (Crescent Industries Inc.        
Project) VRDO 0.160% 9/6/13 LOC 2,815 2,815
        2,417,385
Puerto Rico (2.0%)        
Puerto Rico Housing Finance Authority Capital        
Fund Program (Puerto Rico Public Housing        
Administration Projects) 4.650% 12/1/13 (Prere.) 10,095 10,206
Puerto Rico Housing Finance Authority Capital        
Fund Program (Puerto Rico Public Housing        
Administration Projects) 5.000% 12/1/13 (Prere.) 4,960 5,018
Puerto Rico Public Buildings Auth. Govt. Fac.        
Rev. 5.375% 7/1/14 (Prere.) 5,000 5,211
1 Puerto Rico Sales Tax Financing Corp. Revenue        
TOB VRDO 0.060% 9/6/13 8,250 8,250
1 Puerto Rico Sales Tax Financing Corp. Revenue        
TOB VRDO 0.090% 9/6/13 20,934 20,934
        49,619
Total Tax-Exempt Municipal Bonds (Cost $2,467,004)     2,467,004

 


 

Total Investments (99.7%) (Cost $2,467,004) 2,467,004
Other Assets and Liabilities-Net (0.3%) 7,993
Net Assets (100%) 2,474,997

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, 2013, the aggregate value of these securities was $546,364,000, representing 22.1% 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.
PUT - Put Option Obligation.
RAN - Revenue Anticipation Note.
TAN - Tax Anticipation Note.
TOB - Tender Option Bond.
TRAN - Tax Revenue Anticipation Note.
VRDO - Variable Rate Demand Obligation.
VRDP - Variable Rate Demand Preferred.
(ETM) - Escrowed to Maturity.
(Prere.) - Prerefunded.

Scheduled principal and interest payments are guaranteed by:
(1) MBIA (Municipal Bond Investors Assurance).
(2) AMBAC (Ambac Assurance Corporation).
(3) FGIC (Financial Guaranty Insurance Company).
(4) AGM (Assured Guaranty Municipal Corporation).
(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 Corporation.
(13) Berkshire Hathaway Assurance Corporation.
(14) National Public Finance Guarantee Corporation.
(15) Build America Mutual Assurance Company.


 

Pennsylvania Tax-Exempt Money Market Fund

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.

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

B. Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value 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, 2013, 100% of the market value of the fund's investments was determined 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 Pennsylvania Long-Term Tax-Exempt Fund

Schedule of Investments
As of August 31, 2013

      Face Market
    Maturity Amount Value
  Coupon Date ($000) ($000)
Tax-Exempt Municipal Bonds (98.7%)        
Pennsylvania (98.2%)        
Abington PA School District GO 5.000% 4/1/32 (4) 1,495 1,498
Allegheny County PA GO 5.000% 11/1/23 2,570 2,794
Allegheny County PA GO 5.000% 11/1/27 2,575 2,638
Allegheny County PA GO 5.000% 11/1/29 4,000 4,038
Allegheny County PA GO 5.000% 12/1/34 3,600 3,553
Allegheny County PA GO 5.000% 12/1/37 13,060 12,614
Allegheny County PA Higher Education Building        
Authority University Revenue (Carnegie        
Mellon University) 5.000% 3/1/24 6,750 7,434
Allegheny County PA Higher Education Building        
Authority University Revenue (Chatham        
University) 5.000% 9/1/30 2,545 2,460
Allegheny County PA Higher Education Building        
Authority University Revenue (Chatham        
University) 5.000% 9/1/35 1,000 927
Allegheny County PA Higher Education Building        
Authority University Revenue (Duquesne        
University) 5.000% 3/1/25 500 539
Allegheny County PA Higher Education Building        
Authority University Revenue (Duquesne        
University) 5.250% 3/1/26 4,005 4,275
Allegheny County PA Higher Education Building        
Authority University Revenue (Duquesne        
University) 5.500% 3/1/28 1,940 2,065
Allegheny County PA Higher Education Building        
Authority University Revenue (Duquesne        
University) 5.500% 3/1/29 1,700 1,796
Allegheny County PA Higher Education Building        
Authority University Revenue (Duquesne        
University) 5.500% 3/1/31 770 810
Allegheny County PA Higher Education Building        
Authority University Revenue (Duquesne        
University) 5.000% 3/1/33 1,000 1,013
Allegheny County PA Hospital Development        
Authority Revenue (University of Pittsburgh        
Medical Center) 5.000% 6/15/18 7,000 7,231
Allegheny County PA Hospital Development        
Authority Revenue (University of Pittsburgh        
Medical Center) 0.897% 2/1/21 4,840 4,790
Allegheny County PA Hospital Development        
Authority Revenue (University of Pittsburgh        
Medical Center) 6.000% 7/1/23 (14) 5,745 6,771
Allegheny County PA Hospital Development        
Authority Revenue (University of Pittsburgh        
Medical Center) 6.000% 7/1/26 (14) 4,625 5,320
Allegheny County PA Hospital Development        
Authority Revenue (University of Pittsburgh        
Medical Center) 6.000% 7/1/27 (14) 9,325 10,691

 


 

Allegheny County PA Hospital Development        
Authority Revenue (University of Pittsburgh        
Medical Center) 5.375% 8/15/29 4,000 4,222
Allegheny County PA Hospital Development        
Authority Revenue (University of Pittsburgh        
Medical Center) 0.998% 2/1/37 3,000 2,448
Allegheny County PA Hospital Development        
Authority Revenue (University of Pittsburgh        
Medical Center) 5.625% 8/15/39 10,800 11,198
Allegheny County PA Port Authority Revenue 5.750% 3/1/29 7,500 8,008
Allegheny County PA Sanitation Authority Sewer        
Revenue 5.500% 12/1/16 (ETM) 11,295 12,181
Allegheny County PA Sanitation Authority Sewer        
Revenue 5.000% 12/1/24 (14) 6,000 6,330
Allegheny County PA Sanitation Authority Sewer        
Revenue 5.000% 6/1/26 (4) 4,925 5,158
Allegheny County PA Sanitation Authority Sewer        
Revenue 5.000% 6/1/30 (4) 3,500 3,570
Allegheny County PA Sanitation Authority Sewer        
Revenue 5.000% 12/1/32 (14) 12,000 12,064
Allentown PA Neighborhood Improvement Zone        
Development Authority Tax Revenue 5.000% 5/1/26 400 401
Allentown PA Neighborhood Improvement Zone        
Development Authority Tax Revenue 5.000% 5/1/29 250 243
Allentown PA Neighborhood Improvement Zone        
Development Authority Tax Revenue 5.000% 5/1/35 7,880 7,328
Allentown PA Neighborhood Improvement Zone        
Development Authority Tax Revenue 5.000% 5/1/42 9,620 8,661
Annville Cleona PA School District GO 6.000% 3/1/15 (Prere.) 1,230 1,333
Annville Cleona PA School District GO 6.000% 3/1/15 (Prere.) 2,475 2,682
Annville Cleona PA School District GO 6.000% 3/1/28 (4) 270 285
Beaver County PA Hospital Authority Revenue        
(Heritage Valley Health System Inc.) 5.000% 5/15/22 1,240 1,342
Beaver County PA Hospital Authority Revenue        
(Heritage Valley Health System Inc.) 5.000% 5/15/23 1,750 1,880
Beaver County PA Hospital Authority Revenue        
(Heritage Valley Health System Inc.) 5.000% 5/15/25 1,620 1,692
Beaver County PA Hospital Authority Revenue        
(Heritage Valley Health System Inc.) 5.000% 5/15/28 2,000 2,011
Bensalem Township PA School District GO 5.250% 6/15/24 (14) 3,700 4,110
Berks County PA GO 0.000% 11/15/15 (14) 6,250 6,114
Berks County PA Municipal Authority Hospital        
Revenue (Reading Hospital & Medical Center        
Project) 5.700% 10/1/14 (14) 1,670 1,705
Berks County PA Municipal Authority Revenue        
(Reading Hospital & Medical Center Project) 5.500% 11/1/31 3,500 3,759
Berks County PA Municipal Authority Revenue        
(Reading Hospital & Medical Center Project) 5.750% 11/1/39 4,615 4,907
Berks County PA Municipal Authority Revenue        
(Reading Hospital & Medical Center Project) 5.000% 11/1/40 6,935 6,532
Berks County PA Municipal Authority Revenue        
(Reading Hospital & Medical Center Project) 5.000% 11/1/44 10,000 9,371
Blair County PA Hospital Authority Hospital        
Revenue (Altoona Hospital Project) 5.500% 7/1/16 (2) 4,980 5,243
Blair County PA Hospital Authority Revenue        
(Altoona Regional Health System) 6.000% 11/15/39 13,500 14,268
Bucks County PA GO 4.000% 12/1/27 1,375 1,380

 


 

Bucks County PA GO 4.000% 12/1/28 1,235 1,209
Bucks County PA Water & Sewer Authority        
Water System Revenue 5.000% 12/1/29 (4) 2,000 2,057
Bucks County PA Water & Sewer Authority        
Water System Revenue 5.000% 12/1/33 (4) 2,000 2,039
Bucks County PA Water & Sewer Authority        
Water System Revenue 5.000% 12/1/37 (4) 3,500 3,557
Butler County PA Hospital Authority Revenue        
(Butler Health System Project) 7.125% 7/1/29 1,000 1,138
Central Bradford PA Progress Authority        
Revenue (Guthrie Healthcare System) 5.500% 12/1/31 7,000 7,238
Central Bradford PA Progress Authority        
Revenue (Guthrie Healthcare System) 5.375% 12/1/41 3,000 2,985
Central Bucks PA School District GO 5.000% 5/15/18 (Prere.) 6,000 6,975
Centre County PA Hospital Authority Revenue        
(Mount Nittany Medical Center Project) 5.000% 11/15/32 6,280 5,989
Centre County PA Hospital Authority Revenue        
(Mount Nittany Medical Center Project) 5.000% 11/15/36 9,675 9,093
Centre County PA Hospital Authority Revenue        
(Mount Nittany Medical Center Project) 6.250% 11/15/41 4,465 4,630
Centre County PA Hospital Authority Revenue        
(Mount Nittany Medical Center Project) 5.000% 11/15/44 5,000 4,594
Centre County PA Hospital Authority Revenue        
(Mount Nittany Medical Center Project) 7.000% 11/15/46 5,000 5,573
Chambersburg PA Area School District GO 5.250% 9/1/15 (Prere.) 2,125 2,322
Chambersburg PA Area School District GO 5.250% 3/1/29 (14)(3) 1,680 1,741
Chambersburg PA Area School District GO 5.250% 2/1/37 2,535 2,590
Chester County PA GO 5.000% 7/15/26 4,345 4,612
Chester County PA GO 5.000% 7/15/27 5,000 5,401
Chester County PA GO 5.000% 11/15/30 3,740 4,005
Chester County PA GO 5.000% 11/15/31 3,000 3,198
Chester County PA GO 5.000% 11/15/31 2,350 2,503
Chester County PA GO 5.000% 11/15/32 1,000 1,061
Chester County PA GO 5.000% 11/15/32 3,990 4,235
Chester County PA GO 5.000% 11/15/33 4,000 4,230
Chester County PA Health & Education Facilities        
Authority Revenue (Devereux Foundation) 5.000% 11/1/18 1,105 1,171
Chester County PA Health & Education Facilities        
Authority Revenue (Devereux Foundation) 5.000% 11/1/20 650 673
Chester County PA Health & Education Facilities        
Authority Revenue (Devereux Foundation) 5.000% 11/1/22 795 809
Chester County PA Health & Education Facilities        
Authority Revenue (Devereux Foundation) 5.000% 11/1/31 4,500 4,268
Chester County PA Health & Education Facilities        
Authority Revenue (Jefferson Health System) 5.000% 5/15/31 2,720 2,734
Chester County PA Health & Education Facilities        
Authority Revenue (Jefferson Health System) 5.000% 5/15/40 30,485 29,268
Chester County PA Industrial Development        
Authority Student Housing Revenue        
(University Student Housing LLC Project) 5.000% 8/1/30 1,100 1,008
Chester County PA Industrial Development        
Authority Student Housing Revenue        
(University Student Housing LLC Project) 5.000% 8/1/35 675 596
Chester County PA Industrial Development        
Authority Student Housing Revenue        
(University Student Housing LLC Project) 5.000% 8/1/45 1,740 1,459
Chester County PA School Authority Revenue 5.000% 4/1/23 (2) 2,670 2,885

 


 

Chester County PA School Authority Revenue 5.000% 4/1/24 (2) 1,000 1,081
Chester County PA School Authority Revenue 5.000% 4/1/26 (2) 1,575 1,671
Clarion County PA Industrial Development        
Authority Revenue (Clarion University        
Foundation Inc. Student Housing Project) 5.000% 7/1/32 (10) 4,980 4,469
Clarion County PA Industrial Development        
Authority Revenue (Clarion University        
Foundation Inc. Student Housing Project) 5.000% 7/1/37 (10) 6,360 5,515
Commonwealth Financing Authority        
Pennsylvania Revenue 5.250% 6/1/23 (14) 13,535 14,460
Commonwealth Financing Authority        
Pennsylvania Revenue 5.000% 6/1/24 1,620 1,767
Commonwealth Financing Authority        
Pennsylvania Revenue 5.000% 6/1/28 1,365 1,418
Commonwealth Financing Authority        
Pennsylvania Revenue 5.000% 6/1/31 5,000 5,028
Commonwealth Financing Authority        
Pennsylvania Revenue 5.000% 6/1/33 7,760 7,645
Commonwealth Financing Authority        
Pennsylvania Revenue 5.000% 6/1/36 5,000 4,919
Cumberland County PA Municipal Authority        
Revenue (Diakon Lutheran Social Ministries        
Project) 5.000% 1/1/27 2,700 2,701
Cumberland County PA Municipal Authority        
Revenue (Diakon Lutheran Social Ministries        
Project) 6.375% 1/1/39 2,000 2,081
Cumberland County PA Municipal Authority        
Revenue (Dickinson College Project) 5.000% 11/1/32 1,510 1,530
Cumberland County PA Municipal Authority        
Revenue (Dickinson College Project) 5.000% 11/1/37 2,000 1,959
Cumberland County PA Municipal Authority        
Revenue (Dickinson College Project) 5.000% 11/1/42 3,105 3,003
Dallas PA School District GO 5.000% 4/1/29 (11) 5,385 5,431
Dauphin County PA General Authority Health        
System Revenue (Pinnacle Health System        
Project) 6.000% 6/1/29 100 106
Dauphin County PA General Authority Health        
System Revenue (Pinnacle Health System        
Project) 6.000% 6/1/36 15,000 15,672
Dauphin County PA General Authority Health        
System Revenue (Pinnacle Health System        
Project) 5.000% 6/1/42 21,350 19,728
Delaware County PA Authority Hospital        
Revenue (Crozer-Keystone Obligated Group) 5.000% 12/15/31 5,000 4,378
Delaware County PA Authority University        
Revenue (Villanova University) 5.000% 8/1/24 (14) 4,000 4,290
Delaware County PA Authority University        
Revenue (Villanova University) 5.000% 12/1/26 1,000 1,049
Delaware County PA Authority University        
Revenue (Villanova University) 5.000% 12/1/28 1,000 1,034
Delaware County PA Authority University        
Revenue (Villanova University) 5.250% 12/1/31 600 622
Delaware County PA Regional Water Quality        
Control Authority Revenue 5.000% 5/1/27 3,240 3,398
Delaware County PA Regional Water Quality        
Control Authority Revenue 5.000% 5/1/31 1,750 1,781

 


 

Delaware River Joint Toll Bridge Commission        
Pennsylvania & New Jersey Revenue 5.500% 7/1/20 (14) 5,105 5,969
Delaware River Joint Toll Bridge Commission        
Pennsylvania & New Jersey Revenue 5.000% 7/1/22 500 563
Delaware River Joint Toll Bridge Commission        
Pennsylvania & New Jersey Revenue 5.000% 7/1/24 1,200 1,305
Delaware River Joint Toll Bridge Commission        
Pennsylvania & New Jersey Revenue 5.000% 7/1/25 1,100 1,182
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 5.000% 1/1/22 2,870 3,001
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 5.000% 1/1/23 2,425 2,509
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 5.000% 1/1/24 3,220 3,309
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 5.000% 1/1/25 2,715 2,741
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 5.000% 1/1/26 3,000 2,981
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 5.000% 1/1/27 1,000 976
Delaware River Port Authority Pennsylvania &        
New Jersey Revenue 5.000% 1/1/35 10,000 10,157
Doylestown PA Hospital Authority Revenue 5.000% 7/1/20 (12) 5,060 5,374
Doylestown PA Hospital Authority Revenue 5.000% 7/1/21 (12) 3,000 3,140
Doylestown PA Hospital Authority Revenue 5.000% 7/1/22 (12) 3,455 3,572
Doylestown PA Hospital Authority Revenue 5.000% 7/1/25 3,730 3,747
Doylestown PA Hospital Authority Revenue 5.000% 7/1/26 4,445 4,389
Doylestown PA Hospital Authority Revenue 5.000% 7/1/27 1,170 1,139
Doylestown PA Hospital Authority Revenue 5.000% 7/1/28 1,000 962
Doylestown PA Hospital Authority Revenue 5.000% 7/1/29 865 825
East Hempfield Township PA Industrial        
Development Authority Revenue (Millersville        
University Student Housing Project) 5.000% 7/1/30 1,280 1,220
East Hempfield Township PA Industrial        
Development Authority Revenue (Millersville        
University Student Housing Project) 5.000% 7/1/35 1,250 1,152
East Hempfield Township PA Industrial        
Development Authority Revenue (Millersville        
University Student Housing Project) 5.000% 7/1/45 3,250 2,878
East Stroudsburg PA Area School District GO 5.000% 9/1/29 (4) 7,085 7,298
Erie County PA GO 5.000% 9/1/15 (Prere.) 5,525 6,026
Erie County PA Hospital Authority Revenue        
(Hamot Health Foundation) 5.000% 11/1/35 (11) 7,000 7,006
Erie PA School District GO 0.000% 5/1/16 (ETM) 3,175 3,087
Fox Chapel PA Area School District GO 5.000% 8/1/27 1,165 1,256
Fox Chapel PA Area School District GO 5.000% 8/1/28 1,000 1,068
Fox Chapel PA Area School District GO 5.000% 8/1/31 3,000 3,107
Fox Chapel PA Area School District GO 5.000% 8/1/34 5,690 5,849
Franklin County PA Industrial Development        
Authority Revenue (Chambersburg Hospital        
Project) 5.375% 7/1/42 17,000 16,502
Geisinger Health System Authority of        
Pennsylvania Revenue (Penn State Geisinger        
Health System) 5.125% 6/1/34 5,000 5,035
Geisinger Health System Authority of        
Pennsylvania Revenue (Penn State Geisinger        
Health System) 5.250% 6/1/39 20,735 20,897

 


 

Geisinger Health System Authority of        
Pennsylvania Revenue (Penn State Geisinger        
Health System) VRDO 0.020% 9/3/13 4,000 4,000
Geisinger Health System Authority of        
Pennsylvania Revenue (Penn State Geisinger        
Health System) VRDO 0.030% 9/3/13 4,555 4,555
Geisinger Health System Authority of        
Pennsylvania Revenue (Penn State Geisinger        
Health System) VRDO 0.030% 9/3/13 4,200 4,200
Geisinger Health System Authority of        
Pennsylvania Revenue (Penn State Geisinger        
Health System) VRDO 0.040% 9/3/13 12,080 12,080
Gettysburg PA Area School District GO 5.000% 1/15/20 2,510 2,854
Hampden Township PA GO 5.000% 5/15/31 1,060 1,094
Hampden Township PA GO 5.000% 5/15/37 1,660 1,676
Hazleton PA Area School District GO 6.000% 3/1/16 (14) 14,075 14,890
Hazleton PA Area School District GO 0.000% 3/1/17 (14) 4,425 4,110
Hazleton PA Area School District GO 0.000% 3/1/22 (14) 5,265 3,811
Hempfield PA Area School District        
(Westmoreland County) GO 5.000% 9/15/15 (Prere.) 5,030 5,489
Hempfield PA School District GO 5.000% 10/15/29 4,045 4,249
Hempfield PA School District GO 5.000% 10/15/30 2,920 3,050
Kiski PA Area School District GO 4.000% 3/1/22 (4) 1,000 1,050
Kiski PA Area School District GO 4.000% 3/1/23 (4) 1,875 1,935
Lackawanna County PA GO 5.000% 9/15/29 (2) 1,975 1,809
Lackawanna County PA GO 5.000% 9/15/29 (4) 3,745 3,601
Lake Lehman PA School District GO 0.000% 4/1/15 (14) 1,295 1,268
Lake Lehman PA School District GO 0.000% 4/1/16 (14) 1,310 1,253
Lake Lehman PA School District GO 0.000% 4/1/17 (14) 1,315 1,213
Lake Lehman PA School District GO 0.000% 4/1/18 (14) 1,000 894
Lancaster County PA GO 5.000% 11/1/32 (4) 5,000 5,081
Lancaster County PA Hospital Authority        
Revenue (Lancaster General Hospital) 5.000% 3/15/26 4,955 5,027
Lancaster County PA Hospital Authority        
Revenue (Lancaster General Hospital) 5.000% 3/15/36 12,370 12,011
Lancaster County PA Hospital Authority        
Revenue (Lancaster General Hospital) 5.000% 7/1/42 6,000 5,778
Lancaster County PA Hospital Authority        
Revenue (Masonic Homes Project) VRDO 0.060% 9/3/13 LOC 1,100 1,100
Lancaster PA Higher Education Authority        
College Revenue (Franklin & Marshall        
College) 5.000% 4/15/22 1,135 1,226
Lancaster PA Higher Education Authority        
College Revenue (Franklin & Marshall        
College) 5.000% 4/15/27 2,775 2,895
Lancaster PA Higher Education Authority        
College Revenue (Franklin & Marshall        
College) 5.000% 4/15/37 4,000 4,000
Lebanon County PA Health Facilities Authority        
Health Center Revenue (Good Samaritan        
Hospital Project) 6.000% 11/15/35 7,500 6,622
Lehigh County PA Authority Water & Sewer        
Revenue 0.000% 12/1/24 1,695 952
Lehigh County PA Authority Water & Sewer        
Revenue 5.000% 12/1/43 12,000 11,356
Lehigh County PA Authority Water & Sewer        
Revenue 5.125% 12/1/47 4,000 3,805

 


 

Lehigh County PA General Purpose Hospital        
Authority Revenue (Lehigh Valley Health        
Network) 7.000% 7/1/16 (14) 2,150 2,360
Lehigh County PA General Purpose Hospital        
Authority Revenue (Lehigh Valley Health        
Network) 4.000% 7/1/33 7,000 5,983
Lehigh County PA General Purpose Hospital        
Authority Revenue (Lehigh Valley Health        
Network) 5.000% 7/1/35 (4) 5,000 4,826
Lower Merion PA School District GO 5.000% 9/1/28 7,845 8,226
Lower Merion PA School District GO 5.000% 9/1/30 8,670 9,128
Lower Merion PA School District GO 5.000% 9/1/32 5,000 5,155
Luzerne County PA GO 5.250% 12/15/21 (14) 5,320 5,589
Luzerne County PA Industrial Development        
Authority Water Facility Revenue        
(Pennsylvania-American Water Co.) 5.500% 12/1/39 10,000 10,200
Lycoming County PA Authority College Revenue        
(Pennsylvania College of Technology) 5.000% 5/1/26 2,000 2,034
Lycoming County PA Authority College Revenue        
(Pennsylvania College of Technology) 5.250% 10/1/27 (12) 5,395 5,621
Lycoming County PA Authority College Revenue        
(Pennsylvania College of Technology) 5.000% 7/1/30 5,565 5,583
Lycoming County PA Authority College Revenue        
(Pennsylvania College of Technology) 5.500% 10/1/37 (12) 6,650 6,815
Lycoming County PA Authority Health System        
Revenue (Susquehanna Health System        
Project) 5.375% 7/1/23 565 589
Lycoming County PA Authority Revenue        
(Lycoming College) 5.500% 11/1/33 2,935 2,976
McKeesport PA Area School District GO 0.000% 10/1/15 (14) 2,040 1,946
McKeesport PA Area School District GO 0.000% 10/1/16 (14) 4,655 4,279
McKeesport PA Area School District GO 0.000% 10/1/18 (ETM) 425 387
McKeesport PA Area School District GO 0.000% 10/1/18 (2) 2,650 2,314
Monroe County PA Hospital Authority Revenue        
(Pocono Medical Center) 5.000% 1/1/27 2,000 2,007
Monroe County PA Hospital Authority Revenue        
(Pocono Medical Center) 5.000% 1/1/32 1,400 1,348
Monroe County PA Hospital Authority Revenue        
(Pocono Medical Center) 5.125% 1/1/37 3,000 2,842
Monroe County PA Hospital Authority Revenue        
(Pocono Medical Center) 5.000% 1/1/41 2,000 1,830
Monroe County PA Hospital Authority Revenue        
(Pocono Medical Center) 5.250% 1/1/43 6,450 6,117
Monroeville PA Finance Authority Revenue        
(UPMC Health System) 5.000% 2/15/29 1,500 1,518
Monroeville PA Finance Authority Revenue        
(UPMC Health System) 5.000% 2/15/30 4,900 4,914
Montgomery County PA GO 5.000% 10/15/28 13,235 13,807
Montgomery County PA GO 5.000% 10/15/31 6,450 6,732
Montgomery County PA Higher Education &        
Health Authority Hospital Revenue (Abington        
Memorial Hospital) 5.000% 6/1/25 5,000 5,174
Montgomery County PA Higher Education &        
Health Authority Hospital Revenue (Abington        
Memorial Hospital) 5.000% 6/1/31 12,000 11,971

 


 

Montgomery County PA Higher Education &        
Health Authority Hospital Revenue (Abington        
Memorial Hospital) 5.125% 6/1/33 13,545 13,436
Montgomery County PA Higher Education &        
Health Authority Revenue (Catholic Health        
East) 5.375% 11/15/14 (Prere.) 2,175 2,309
Montgomery County PA Higher Education &        
Health Authority Revenue (Dickinson College) 5.000% 5/1/31 (11) 5,750 5,837
Montgomery County PA Higher Education &        
Health Authority Revenue (Holy Redeemer        
Health System) 5.250% 1/1/36 16,000 14,624
Montgomery County PA Industrial Development        
Authority Health Services Revenue (Jefferson        
Health System) 5.000% 10/1/41 1,400 1,316
Montgomery County PA Industrial Development        
Authority Revenue (Hill School) 5.000% 8/15/25 (14) 6,500 6,978
Montgomery County PA Industrial Development        
Authority Revenue (Hill School) 5.000% 8/15/26 (14) 3,550 3,638
Montgomery County PA Industrial Development        
Authority Revenue (Hill School) 5.000% 8/15/27 (14) 3,300 3,418
Montgomery County PA Industrial Development        
Authority Revenue (New Regional Medical        
Center Project) 5.250% 8/1/33 7,000 7,200
Montgomery County PA Industrial Development        
Authority Revenue (New Regional Medical        
Center Project) 5.375% 8/1/38 14,415 14,923
Montgomery County PA Industrial Development        
Authority Revenue (Philadelphia Presbyterian        
Homes Inc. Project) 6.625% 12/1/30 1,565 1,662
Moon Area School District PA GO 5.000% 11/15/28 (4) 5,000 5,303
Mount Lebanon PA Hospital Authority Revenue        
(St. Clair Memorial Hospital Project) 5.000% 7/1/24 1,070 1,128
Mount Lebanon PA Hospital Authority Revenue        
(St. Clair Memorial Hospital Project) 5.000% 7/1/25 1,290 1,340
Mount Lebanon PA Hospital Authority Revenue        
(St. Clair Memorial Hospital Project) 5.000% 7/1/31 6,250 6,163
Mount Lebanon PA School District GO 5.000% 2/15/34 5,500 5,642
North Pocono PA School District GO 5.000% 3/15/26 (14) 4,035 4,094
Northampton County PA General Purpose        
Authority Hospital Revenue (St. Luke's        
Hospital Project) 5.250% 8/15/23 1,250 1,313
Northampton County PA General Purpose        
Authority Hospital Revenue (St. Luke's        
Hospital Project) 5.250% 8/15/24 1,295 1,350
Northampton County PA General Purpose        
Authority Hospital Revenue (St. Luke's        
Hospital Project) 5.375% 8/15/28 6,675 6,772
Northampton County PA General Purpose        
Authority Hospital Revenue (St. Luke's        
Hospital Project) 5.000% 8/15/33 10,000 9,216
Northampton County PA General Purpose        
Authority Hospital Revenue (St. Luke's        
Hospital Project) 5.500% 8/15/40 5,100 4,974
Northampton County PA General Purpose        
Authority University Revenue (Lehigh        
University) 5.000% 11/15/39 2,595 2,618

 


 

Northampton County PA Industrial Development      
Authority Revenue (Morningstar Senior Living,      
Inc. Project) 5.000% 7/1/32 1,275 1,155
Northampton County PA Industrial Development      
Authority Revenue (Morningstar Senior Living,      
Inc. Project) 5.000% 7/1/36 1,000 881
Pennsbury PA School District GO 5.250% 8/1/14 (Prere.) 9,135 9,557
Pennsylvania Economic Development Financing      
Authority Exempt Facilities Revenue        
(Allegheny Energy Supply Co. LLC Project) 7.000% 7/15/39 7,000 7,057
Pennsylvania Economic Development Financing      
Authority Exempt Facilities Revenue (PPL      
Energy Supply LLC Project) PUT 3.000% 9/1/15 6,000 6,174
Pennsylvania Economic Development Financing      
Authority Pollution Control Revenue (PPL      
Electric Utilities Corp. Project) 4.000% 10/1/23 10,000 9,991
Pennsylvania Economic Development Financing      
Authority Unemployment Compensation      
Revenue 5.000% 1/1/22 8,000 8,897
Pennsylvania Economic Development Financing      
Authority Unemployment Compensation      
Revenue 5.000% 1/1/23 8,000 8,566
Pennsylvania Economic Development Financing      
Authority Unemployment Compensation      
Revenue 5.000% 7/1/23 3,750 3,999
Pennsylvania Economic Development Financing      
Authority Water Facilities Revenue (American      
Water Co. Project) 6.200% 4/1/39 5,000 5,348
Pennsylvania Economic Development Financing      
Authority Water Facilities Revenue (Aqua      
Pennsylvania Inc. Project) 5.000% 10/1/39 5,500 5,460
Pennsylvania Economic Development Financing      
Authority Water Facilities Revenue (Aqua      
Pennsylvania Inc. Project) 4.750% 11/15/40 2,500 2,361
Pennsylvania Economic Development Financing      
Authority Water Facilities Revenue (Aqua      
Pennsylvania Inc. Project) 5.000% 11/15/40 8,975 8,882
Pennsylvania Economic Development Financing      
Authority Water Facilities Revenue (Aqua      
Pennsylvania Inc. Project) 5.000% 12/1/43 10,000 9,816
Pennsylvania GO 5.000% 2/15/16 16,000 17,696
Pennsylvania GO 5.000% 4/15/16 13,000 14,453
Pennsylvania GO 5.000% 7/1/17 16,000 18,276
Pennsylvania GO 5.375% 7/1/17 2,800 3,238
Pennsylvania GO 5.000% 8/1/17 10,000 11,446
Pennsylvania GO 5.000% 2/15/18 12,745 14,621
Pennsylvania GO 5.000% 5/1/18 15,000 17,274
Pennsylvania GO 5.000% 5/1/19 5,000 5,796
Pennsylvania GO 5.000% 7/1/19 15,000 17,422
Pennsylvania GO 5.000% 7/1/20 7,225 8,390
Pennsylvania GO 5.000% 11/15/20 8,740 10,175
Pennsylvania GO 5.000% 6/1/21 5,000 5,790
Pennsylvania GO 5.375% 7/1/21 16,000 18,955
Pennsylvania GO 5.000% 7/1/22 10,000 11,525
Pennsylvania GO 5.000% 11/15/24 16,870 18,764
Pennsylvania GO 5.000% 4/1/25 5,000 5,580
Pennsylvania GO 5.000% 6/1/25 15,000 16,596

 


 

Pennsylvania GO 5.000% 11/15/25 18,740 20,575
Pennsylvania GO 5.000% 6/1/26 10,000 10,932
Pennsylvania GO 5.000% 11/15/26 6,705 7,285
Pennsylvania GO 5.000% 6/1/27 19,340 20,832
Pennsylvania GO 5.000% 4/1/28 20,000 21,431
Pennsylvania GO 5.000% 6/1/28 10,000 10,663
Pennsylvania GO 4.000% 4/1/29 10,000 9,606
Pennsylvania GO 4.000% 4/1/30 10,000 9,510
Pennsylvania GO 5.000% 6/1/32 8,115 8,046
Pennsylvania Higher Educational Facilities        
Authority College Revenue (Holy Family        
College Project) VRDO 0.050% 9/6/13 LOC 1,500 1,500
Pennsylvania Higher Educational Facilities        
Authority Revenue (AICUP Financing        
Program - Delaware Valley College Project) 5.000% 11/1/20 595 626
Pennsylvania Higher Educational Facilities        
Authority Revenue (AICUP Financing        
Program - Delaware Valley College Project) 5.000% 11/1/21 1,245 1,291
Pennsylvania Higher Educational Facilities        
Authority Revenue (AICUP Financing        
Program - Delaware Valley College Project) 5.000% 11/1/27 1,250 1,207
Pennsylvania Higher Educational Facilities        
Authority Revenue (AICUP Financing        
Program - Delaware Valley College Project) 5.000% 11/1/42 535 462
Pennsylvania Higher Educational Facilities        
Authority Revenue (Bryn Mawr College) 5.000% 12/1/37 (2) 10,000 10,036
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) 5.000% 5/1/28 1,450 1,502
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) 5.000% 5/1/29 1,260 1,293
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) 5.000% 5/1/30 1,205 1,226
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) 5.000% 5/1/31 1,085 1,099
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) 5.000% 5/1/32 1,000 1,009
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) 5.000% 5/1/32 (14) 4,950 4,920
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) 5.000% 5/1/37 (14) 9,600 9,507
Pennsylvania Higher Educational Facilities        
Authority Revenue (Drexel University) VRDO 0.060% 9/3/13 LOC 1,605 1,605
Pennsylvania Higher Educational Facilities        
Authority Revenue (Foundation for Indiana        
University of Pennsylvania Student Housing) 0.634% 7/1/17 (10) 3,690 3,662
Pennsylvania Higher Educational Facilities        
Authority Revenue (Foundation for Indiana        
University of Pennsylvania Student Housing) 5.125% 7/1/39 (10) 10,000 9,335
Pennsylvania Higher Educational Facilities        
Authority Revenue (Foundation for Indiana        
University of Pennsylvania Student Housing) 5.000% 7/1/41 500 447
1 Pennsylvania Higher Educational Facilities        
Authority Revenue (Foundation for Indiana        
University of Pennsylvania Student Housing)        
TOB VRDO 0.060% 9/6/13 LOC 2,295 2,295
Pennsylvania Higher Educational Facilities        
Authority Revenue (Higher Education System) 5.000% 6/15/24 8,445 9,181

 


 

Pennsylvania Higher Educational Facilities        
Authority Revenue (Higher Education System) 5.000% 6/15/29 4,000 4,165
Pennsylvania Higher Educational Facilities        
Authority Revenue (Higher Education System) 5.000% 6/15/30 1,595 1,667
Pennsylvania Higher Educational Facilities        
Authority Revenue (Higher Education System) 5.000% 6/15/30 3,615 3,737
Pennsylvania Higher Educational Facilities        
Authority Revenue (Higher Education System) 5.000% 6/15/31 1,670 1,738
Pennsylvania Higher Educational Facilities        
Authority Revenue (Higher Education System) 5.000% 6/15/34 5,535 5,714
Pennsylvania Higher Educational Facilities        
Authority Revenue (Higher Education System) 5.000% 6/15/39 1,270 1,300
Pennsylvania Higher Educational Facilities        
Authority Revenue (La Salle University) 5.250% 5/1/27 3,000 3,034
Pennsylvania Higher Educational Facilities        
Authority Revenue (La Salle University) 5.000% 5/1/37 5,800 5,361
Pennsylvania Higher Educational Facilities        
Authority Revenue (La Salle University) 5.000% 5/1/42 3,150 2,808
Pennsylvania Higher Educational Facilities        
Authority Revenue (Lock Haven University        
Foundation Student Housing Project) 4.000% 7/1/28 3,500 2,953
Pennsylvania Higher Educational Facilities        
Authority Revenue (Philadelphia University) 5.000% 6/1/24 1,055 1,105
Pennsylvania Higher Educational Facilities        
Authority Revenue (Philadelphia University) 5.000% 6/1/27 1,175 1,180
Pennsylvania Higher Educational Facilities        
Authority Revenue (Philadelphia University) 5.000% 6/1/28 1,250 1,241
Pennsylvania Higher Educational Facilities        
Authority Revenue (Philadelphia University) 5.000% 6/1/32 2,000 1,902
Pennsylvania Higher Educational Facilities        
Authority Revenue (Shippensburg University) 5.000% 10/1/30 1,000 936
Pennsylvania Higher Educational Facilities        
Authority Revenue (Shippensburg University) 5.000% 10/1/35 700 629
Pennsylvania Higher Educational Facilities        
Authority Revenue (Shippensburg University) 5.000% 10/1/44 2,000 1,720
Pennsylvania Higher Educational Facilities        
Authority Revenue (Slippery Rock University        
Foundation) 5.000% 7/1/31 (10) 10,260 9,895
Pennsylvania Higher Educational Facilities        
Authority Revenue (Slippery Rock University        
Foundation) 5.000% 7/1/37 (10) 3,500 3,287
Pennsylvania Higher Educational Facilities        
Authority Revenue (St. Joseph's University) 5.000% 11/1/33 1,265 1,211
Pennsylvania Higher Educational Facilities        
Authority Revenue (St. Joseph's University) 5.000% 11/1/34 4,000 3,903
Pennsylvania Higher Educational Facilities        
Authority Revenue (St. Joseph's University) 5.000% 11/1/40 7,270 6,957
Pennsylvania Higher Educational Facilities        
Authority Revenue (Temple University) 5.000% 4/1/23 (14) 7,000 7,650
Pennsylvania Higher Educational Facilities        
Authority Revenue (Temple University) 5.000% 4/1/24 (14) 12,680 13,782
2 Pennsylvania Higher Educational Facilities        
Authority Revenue (Temple University) 5.000% 4/1/35 7,755 7,760
Pennsylvania Higher Educational Facilities        
Authority Revenue (Temple University) 5.000% 4/1/42 6,250 6,212

 


 

Pennsylvania Higher Educational Facilities        
Authority Revenue (Thomas Jefferson        
University) 5.000% 3/1/20 300 335
Pennsylvania Higher Educational Facilities        
Authority Revenue (Thomas Jefferson        
University) 5.000% 9/1/39 (2) 9,000 8,858
Pennsylvania Higher Educational Facilities        
Authority Revenue (Thomas Jefferson        
University) 5.000% 3/1/40 1,000 1,003
Pennsylvania Higher Educational Facilities        
Authority Revenue (Trustees of the University        
of Pennsylvania) 5.000% 9/1/23 1,130 1,255
Pennsylvania Higher Educational Facilities        
Authority Revenue (Trustees of the University        
of Pennsylvania) 5.000% 9/1/27 1,285 1,374
Pennsylvania Higher Educational Facilities        
Authority Revenue (Trustees of the University        
of Pennsylvania) 5.000% 9/1/28 3,390 3,595
Pennsylvania Higher Educational Facilities        
Authority Revenue (Trustees of the University        
of Pennsylvania) 5.000% 9/1/29 1,600 1,692
Pennsylvania Higher Educational Facilities        
Authority Revenue (Trustees of the University        
of Pennsylvania) 5.000% 9/1/30 2,260 2,376
Pennsylvania Higher Educational Facilities        
Authority Revenue (Trustees of the University        
of Pennsylvania) 5.000% 9/1/41 9,400 9,565
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Pennsylvania        
Health System) 5.000% 8/15/24 2,765 2,940
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Pennsylvania        
Health System) 5.250% 8/15/25 4,000 4,292
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Pennsylvania        
Health System) 5.000% 8/15/26 2,500 2,632
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Pennsylvania        
Health System) 5.000% 8/15/30 3,055 3,086
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Pennsylvania        
Health System) 5.000% 8/15/31 3,860 3,885
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Pennsylvania        
Health System) 5.000% 8/15/32 2,000 2,004
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Pennsylvania        
Health System) 5.750% 8/15/41 4,000 4,147
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Pennsylvania        
Health System) 5.000% 8/15/42 21,260 20,658
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Pittsburgh        
Medical Center) 5.000% 5/15/18 1,375 1,560
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of Scranton) 5.000% 11/1/28 (10) 4,080 4,132

 


 

Pennsylvania Higher Educational Facilities        
Authority Revenue (University of the        
Sciences) 5.000% 11/1/25 (12) 2,285 2,389
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of the        
Sciences) 5.000% 11/1/27 (12) 1,800 1,849
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of the        
Sciences) 5.000% 11/1/37 (12) 5,745 5,745
Pennsylvania Higher Educational Facilities        
Authority Revenue (University of the        
Sciences) 5.000% 11/1/42 4,700 4,518
Pennsylvania Higher Educational Facilities        
Authority Revenue (Widener University) 5.000% 7/15/20 2,360 2,367
Pennsylvania Higher Educational Facilities        
Authority Revenue (Widener University) 5.000% 7/15/26 1,200 1,206
Pennsylvania Higher Educational Facilities        
Authority Revenue (Widener University) 5.400% 7/15/36 3,000 3,009
Pennsylvania Higher Educational Facilities        
Authority Student Housing Revenue        
(University Properties Inc.) 6.000% 7/1/21 1,000 1,101
Pennsylvania Higher Educational Facilities        
Authority Student Housing Revenue        
(University Properties Inc.) 5.000% 7/1/31 3,000 2,811
Pennsylvania Higher Educational Facilities        
Authority Student Housing Revenue        
(University Properties Inc.) 5.000% 7/1/42 2,500 2,212
Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue 4.125% 10/1/25 1,500 1,447
Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue 5.000% 10/1/25 195 195
Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue 4.500% 10/1/30 1,500 1,401
Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue 3.300% 10/1/32 3,525 2,772
Pennsylvania Housing Finance Agency Single        
Family Mortgage Revenue 4.750% 10/1/39 2,820 2,894
Pennsylvania Industrial Development Authority        
Economic Development Revenue 5.500% 7/1/18 (Prere.) 2,470 2,925
Pennsylvania Industrial Development Authority        
Economic Development Revenue 5.000% 7/1/21 3,000 3,394
Pennsylvania Industrial Development Authority        
Economic Development Revenue 5.500% 7/1/23 17,530 19,961
Pennsylvania Intergovernmental Cooperation        
Authority Special Tax Revenue (Philadelphia        
Funding Program) 5.000% 6/15/22 3,230 3,583
Pennsylvania Public School Building Authority        
Lease Revenue (School District of        
Philadelphia) 5.000% 6/1/27 (4) 12,880 12,906
Pennsylvania Public School Building Authority        
Lease Revenue (School District of        
Philadelphia) 5.000% 6/1/31 (4) 18,305 18,315
Pennsylvania State University Revenue 5.000% 8/15/19 920 1,028
Pennsylvania State University Revenue 5.000% 3/1/22 1,250 1,379
Pennsylvania State University Revenue 5.000% 3/1/23 2,020 2,212
Pennsylvania State University Revenue 5.250% 8/15/23 2,000 2,323
Pennsylvania State University Revenue 5.000% 8/15/24 2,000 2,203

 


 

Pennsylvania State University Revenue 5.000% 9/1/24 10,625 11,104
Pennsylvania State University Revenue 5.000% 9/1/24 3,000 3,244
Pennsylvania State University Revenue 5.250% 8/15/25 5,360 6,168
Pennsylvania State University Revenue 5.000% 3/1/26 4,800 5,092
Pennsylvania State University Revenue 5.000% 3/1/28 1,000 1,052
Pennsylvania State University Revenue 5.000% 9/1/29 7,625 7,760
Pennsylvania State University Revenue 5.000% 9/1/29 2,500 2,627
Pennsylvania State University Revenue 5.000% 9/1/34 4,325 4,353
Pennsylvania Turnpike Commission Motor        
License Fund Revenue 5.000% 12/1/27 2,540 2,631
Pennsylvania Turnpike Commission Motor        
License Fund Revenue 5.000% 12/1/28 1,730 1,792
Pennsylvania Turnpike Commission Motor        
License Fund Revenue 5.000% 12/1/29 2,925 3,008
Pennsylvania Turnpike Commission Motor        
License Fund Revenue 5.000% 12/1/37 4,000 3,917
Pennsylvania Turnpike Commission Motor        
License Fund Revenue 5.000% 12/1/41 1,000 981
Pennsylvania Turnpike Commission Oil        
Franchise Tax Revenue 5.000% 12/1/13 (Prere.) 6,000 6,073
Pennsylvania Turnpike Commission Oil        
Franchise Tax Revenue 5.000% 12/1/26 (2) 4,000 4,098
Pennsylvania Turnpike Commission Oil        
Franchise Tax Revenue 5.000% 12/1/27 (2) 3,000 3,074
Pennsylvania Turnpike Commission Oil        
Franchise Tax Revenue 0.000% 12/1/37 2,000 552
Pennsylvania Turnpike Commission Registration        
Fee Revenue VRDO 0.270% 9/6/13 (4) 7,600 7,600
3 Pennsylvania Turnpike Commission Revenue 0.610% 12/1/16 1,310 1,298
3 Pennsylvania Turnpike Commission Revenue 0.660% 12/1/17 4,000 3,959
3 Pennsylvania Turnpike Commission Revenue 0.740% 12/1/18 1,000 985
3 Pennsylvania Turnpike Commission Revenue 1.330% 12/1/20 2,500 2,519
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/20 6,000 6,733
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/24 1,000 1,079
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/25 16,665 17,595
Pennsylvania Turnpike Commission Revenue 5.375% 6/1/28 12,785 13,403
Pennsylvania Turnpike Commission Revenue 5.250% 7/15/28 (4) 6,875 7,223
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/30 4,600 4,674
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/30 3,400 3,462
Pennsylvania Turnpike Commission Revenue 5.500% 12/1/31 (2) 17,610 18,266
Pennsylvania Turnpike Commission Revenue 5.250% 12/1/32 (2) 16,000 16,070
Pennsylvania Turnpike Commission Revenue 5.500% 6/1/33 17,920 18,376
Pennsylvania Turnpike Commission Revenue 0.000% 12/1/33 1,250 896
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/36 12,435 12,288
Pennsylvania Turnpike Commission Revenue 6.000% 12/1/36 2,500 2,738
Pennsylvania Turnpike Commission Revenue 6.500% 12/1/36 3,000 3,311
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/37 8,650 8,162
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/37 5,000 4,896
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/37 5,000 4,972
Pennsylvania Turnpike Commission Revenue 6.250% 6/1/38 (12) 21,595 23,992
Pennsylvania Turnpike Commission Revenue 0.000% 12/1/38 2,500 1,715
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/38 7,500 7,415
Pennsylvania Turnpike Commission Revenue 5.000% 6/1/39 (12) 10,000 9,607
Pennsylvania Turnpike Commission Revenue 5.250% 6/1/39 35,750 34,860
Pennsylvania Turnpike Commission Revenue 5.750% 6/1/39 23,000 23,689
Pennsylvania Turnpike Commission Revenue 5.000% 12/1/40 7,500 7,094
Pennsylvania Turnpike Commission Revenue 5.300% 12/1/41 22,000 21,420

 


 

Pennsylvania Turnpike Commission Revenue 5.000% 12/1/42 5,000 4,902
1 Pennsylvania Turnpike Commission Revenue        
TOB VRDO 0.060% 9/3/13 (13) 2,200 2,200
Philadelphia PA Airport Parking Authority        
Revenue 5.125% 2/15/24 (2) 1,045 1,049
Philadelphia PA Airport Parking Authority        
Revenue 5.250% 9/1/24 4,025 4,285
Philadelphia PA Airport Parking Authority        
Revenue 5.125% 9/1/29 5,975 6,061
Philadelphia PA Airport Revenue 5.000% 6/15/23 3,000 3,194
Philadelphia PA Airport Revenue 5.000% 6/15/24 5,000 5,248
Philadelphia PA Airport Revenue 5.000% 6/15/25 8,505 8,814
Philadelphia PA Airport Revenue 5.250% 6/15/30 6,890 6,913
Philadelphia PA Gas Works Revenue 5.000% 8/1/16 3,000 3,261
Philadelphia PA Gas Works Revenue 5.250% 8/1/17 2,000 2,210
Philadelphia PA Gas Works Revenue 5.375% 7/1/18 (4) 11,555 12,995
Philadelphia PA Gas Works Revenue 5.000% 10/1/37 (2) 3,000 2,771
Philadelphia PA Gas Works Revenue VRDO 0.050% 9/6/13 LOC 6,600 6,600
Philadelphia PA GO 5.000% 8/1/20 (14) 8,005 8,396
Philadelphia PA GO 5.000% 8/1/21 (14) 6,235 6,483
Philadelphia PA GO 5.250% 7/15/25 5,000 5,270
Philadelphia PA GO 5.875% 8/1/31 800 819
Philadelphia PA GO 6.000% 8/1/36 7,430 7,878
Philadelphia PA GO 7.125% 7/15/38 (12) 3,500 3,883
Philadelphia PA GO 6.500% 8/1/41 3,785 4,100
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue        
(Children's Hospital of Philadelphia Project) 5.000% 7/1/32 19,440 19,665
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue        
(Children's Hospital of Philadelphia Project) 5.000% 7/1/41 2,500 2,437
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue        
(Children's Hospital of Philadelphia Project)        
VRDO 0.040% 9/3/13 4,600 4,600
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue        
(Children's Hospital of Philadelphia Project)        
VRDO 0.040% 9/3/13 10,400 10,400
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue        
(Children's Hospital of Philadelphia Project)        
VRDO 0.040% 9/3/13 27,800 27,800
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue        
(Children's Hospital of Philadelphia Project)        
VRDO 0.040% 9/3/13 14,200 14,200
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue (Temple        
University Health System Obligated Group) 5.500% 7/1/30 5,000 4,404
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue (Temple        
University Health System Obligated Group) 5.625% 7/1/36 2,250 1,936
Philadelphia PA Hospitals & Higher Education        
Facilities Authority Hospital Revenue (Temple        
University Health System Obligated Group) 5.625% 7/1/42 5,000 4,179
Philadelphia PA Municipal Authority Revenue 6.500% 4/1/34 3,250 3,465

 


 

Philadelphia PA Municipal Authority Revenue 6.500% 4/1/39 9,500 10,096
Philadelphia PA School District GO 5.000% 9/1/18 2,845 3,194
Philadelphia PA School District GO 5.000% 9/1/19 2,120 2,381
Philadelphia PA School District GO 5.250% 9/1/22 7,500 8,186
Philadelphia PA School District GO 5.250% 9/1/23 7,500 8,125
Philadelphia PA School District GO 5.000% 6/1/26 (14) 5,000 5,293
Philadelphia PA School District GO 6.000% 9/1/38 20,000 21,120
Philadelphia PA Water & Waste Water Revenue 5.600% 8/1/18 (ETM) 925 1,073
Philadelphia PA Water & Waste Water Revenue 5.000% 11/1/27 2,290 2,384
Philadelphia PA Water & Waste Water Revenue 5.000% 11/1/28 5,000 5,159
Philadelphia PA Water & Waste Water Revenue 5.250% 1/1/32 5,000 5,166
Philadelphia PA Water & Waste Water Revenue 5.000% 8/1/35 (4) 7,000 7,036
Philadelphia PA Water & Waste Water Revenue 5.000% 1/1/36 10,500 10,388
Philadelphia PA Water & Waste Water Revenue 5.250% 1/1/36 9,975 10,254
Philadelphia PA Water & Waste Water Revenue 5.000% 8/1/40 (4) 7,000 6,898
Philadelphia PA Water & Waste Water Revenue 5.000% 1/1/41 3,000 2,917
Philadelphia PA Water & Waste Water Revenue 5.125% 1/1/43 9,000 8,858
Pittsburgh & Allegheny County PA Sports &        
Exhibition Authority Hotel Room Excise Tax        
Revenue 5.000% 2/1/26 (4) 3,030 3,179
Pittsburgh PA GO 5.500% 9/1/14 (2) 2,275 2,313
Pittsburgh PA School District GO 5.500% 9/1/18 (4) 2,880 3,342
Pittsburgh PA School District GO 5.000% 9/1/23 1,630 1,771
Pittsburgh PA School District GO 5.000% 9/1/24 1,000 1,073
Pittsburgh PA Water & Sewer Authority        
Revenue 7.250% 9/1/14 (ETM) 3,410 3,520
Pittsburgh PA Water & Sewer Authority        
Revenue 0.000% 9/1/27 (14) 10,830 5,140
Pittsburgh PA Water & Sewer Authority        
Revenue 0.000% 9/1/29 (14) 20,000 8,328
Plum Boro PA School District GO 5.000% 9/15/36 (15) 4,920 4,867
Pocono Mountain PA School District GO 5.000% 9/1/31 (4) 3,000 2,975
Radnor Township PA School District GO 5.000% 8/15/15 (Prere.) 215 234
Radnor Township PA School District GO 5.000% 8/15/15 (Prere.) 725 789
Radnor Township PA School District GO 5.000% 8/15/15 (Prere.) 835 909
Radnor Township PA School District GO 5.000% 2/15/35 (4) 725 729
Reading PA Area Water Authority Revenue 5.000% 12/1/31 1,000 1,003
Reading PA Area Water Authority Revenue 5.250% 12/1/36 1,000 1,001
Reading PA School District GO 5.000% 1/15/29 (4) 5,000 5,019
Scranton PA School District GO 5.250% 6/15/27 (10) 2,750 2,922
Scranton PA School District GO 5.250% 6/15/31 (10) 2,375 2,470
Scranton-Lackawanna PA Health & Welfare        
Authority Revenue (University of Scranton) 5.000% 11/1/32 (10) 4,075 4,110
Shamokin-Coal Township PA Joint Sewer        
Authority Sewer Revenue 5.000% 7/1/30 (4) 5,340 5,419
Shamokin-Coal Township PA Joint Sewer        
Authority Sewer Revenue 5.000% 7/1/36 (4) 6,500 6,438
Snyder County PA Higher Education Authority        
University Revenue (Susquehanna University        
Project) 5.000% 1/1/30 (12) 5,000 5,129
Somerset PA Area School District GO 5.000% 3/15/25 (4) 7,090 7,631
South Fork PA Hospital Authority Hospital        
Revenue (Conemaugh Valley Memorial        
Hospital Project) 5.750% 7/1/18 (6) 4,735 4,976
Southcentral Pennsylvania General Authority        
Revenue (WellSpan Health Obligated Group) 6.000% 6/1/25 20,000 21,702

 


 

Southeastern Pennsylvania Transportation        
Authority Revenue 5.000% 3/1/27 6,100 6,395
Southeastern Pennsylvania Transportation        
Authority Revenue 5.000% 3/1/28 5,000 5,208
St. Mary's Hospital Authority Bucks County PA        
Revenue (Catholic Health Initiatives) 5.000% 11/15/24 14,705 15,314
St. Mary's Hospital Authority Bucks County PA        
Revenue (Catholic Health Initiatives) 5.000% 11/15/26 5,000 5,101
State Public School Building Authority        
Pennsylvania College Revenue (Community        
College of Allegheny County Project) 5.000% 7/15/22 (4) 1,100 1,207
State Public School Building Authority        
Pennsylvania Lease Revenue (School District        
of Philadelphia) 5.000% 4/1/22 1,250 1,360
State Public School Building Authority        
Pennsylvania Lease Revenue (School District        
of Philadelphia) 5.000% 4/1/24 2,000 2,109
State Public School Building Authority        
Pennsylvania Lease Revenue (School District        
of Philadelphia) 5.000% 4/1/31 2,110 2,036
State Public School Building Authority        
Pennsylvania Lease Revenue (School District        
of Philadelphia) 5.000% 4/1/32 1,250 1,193
Susquehanna PA Area Regional Airport        
Authority System Revenue 4.000% 1/1/33 5,000 4,198
Swarthmore Borough Authority PA College        
Revenue 5.000% 9/15/30 16,000 16,993
Swarthmore Borough PA Authority College        
Revenue Bonds 5.000% 9/15/29 400 423
Swarthmore Borough PA Authority College        
Revenue Bonds 5.000% 9/15/30 1,020 1,071
Swarthmore Borough PA Authority College        
Revenue Bonds 5.000% 9/15/31 1,115 1,169
Swarthmore Borough PA Authority College        
Revenue Bonds 5.000% 9/15/38 675 694
Swarthmore Borough PA Authority College        
Revenue Bonds 5.000% 9/15/43 1,000 1,021
Union County PA Higher Educational Facilities        
Financing Authority University Revenue        
(Bucknell University) 5.000% 4/1/37 4,245 4,304
Union County PA Higher Educational Facilities        
Financing Authority University Revenue        
(Bucknell University) 5.000% 4/1/42 2,000 2,026
Unionville-Chadds Ford PA School District GO 5.000% 6/1/32 6,440 6,912
University of Pittsburgh of the Commonwealth        
System of Higher Education Pennsylvania        
Revenue (University Capital Project) 5.500% 9/15/24 3,000 3,500
University of Pittsburgh of the Commonwealth        
System of Higher Education Pennsylvania        
Revenue (University Capital Project) 5.250% 9/15/29 14,000 15,057
University of Pittsburgh of the Commonwealth        
System of Higher Education Pennsylvania        
Revenue (University Capital Project) 5.250% 9/15/34 10,100 10,650
Washington County PA Hospital Authority        
Revenue (Washington Hospital Project) 5.375% 7/1/15 (2) 2,250 2,416
Washington County PA Hospital Authority        
Revenue (Washington Hospital Project) 5.500% 7/1/16 (2) 2,375 2,631

 


 

West Chester PA Area School District GO 5.000% 5/15/28 (14) 7,480 7,904
West Shore Area Authority Hospital Revenue        
(Holy Spirit Hospital of the Sisters of Christian        
Charity Project) 6.000% 1/1/26 655 699
West Shore Area Authority Hospital Revenue        
(Holy Spirit Hospital of the Sisters of Christian        
Charity Project) 5.625% 1/1/32 5,415 5,363
West York PA Area School District GO 5.000% 4/1/33 4,245 4,355
Westmoreland County PA Industrial        
Development Authority Revenue (Excela        
Health Project) 5.125% 7/1/30 1,500 1,505
Westmoreland County PA Municipal Authority        
Revenue 5.250% 8/15/15 (Prere.) 3,490 3,817
Westmoreland County PA Municipal Authority        
Revenue 6.125% 7/1/17 (ETM) 4,895 5,505
Westmoreland County PA Municipal Authority        
Revenue 5.000% 8/15/31 2,205 2,207
Westmoreland County PA Municipal Authority        
Revenue 5.000% 8/15/33 9,465 9,370
Westmoreland County PA Municipal Authority        
Revenue 5.000% 8/15/37 7,500 7,346
Westmoreland County PA Municipal Authority        
Service Water Revenue 0.000% 8/15/15 (3) 5,000 4,895
Westmoreland County PA Municipal Authority        
Service Water Revenue 0.000% 8/15/23 (14) 5,000 3,398
Westmoreland County PA Municipal Authority        
Service Water Revenue 0.000% 8/15/24 (14) 4,000 2,572
Wilkes-Barre PA Finance Authority Revenue        
(University of Scranton Project) 5.000% 11/1/35 1,010 1,012
Wilkes-Barre PA Finance Authority Revenue        
(University of Scranton Project) 5.000% 11/1/40 4,990 4,960
Wilkes-Barre PA Finance Authority Revenue        
(Wilkes University Project) 5.000% 3/1/27 2,200 2,211
Wilkes-Barre PA Finance Authority Revenue        
(Wilkes University Project) 5.000% 3/1/37 3,000 2,841
Wyoming PA Area School District GO 5.000% 9/1/26 (14) 2,000 2,028
Wyoming PA Area School District GO 5.000% 9/1/29 (14) 5,020 5,023
York County PA GO 5.000% 6/1/33 (14) 6,000 6,098
York County PA GO 5.000% 6/1/37 3,315 3,333
York County PA GO 5.000% 6/1/38 4,185 4,201
        2,794,940
Puerto Rico (0.4%)        
Puerto Rico Electric Power Authority Revenue 5.500% 7/1/20 5,300 4,944
Puerto Rico Electric Power Authority Revenue 5.250% 7/1/21 (14) 5,000 4,556
Puerto Rico Highway & Transportation Authority        
Revenue 5.500% 7/1/19 (14) 2,880 2,760
Puerto Rico Public Buildings Authority        
Government Facilities Revenue 5.750% 7/1/22 (ETM) 10 12
        12,272
Virgin Islands (0.1%)        
Virgin Islands Public Finance Authority Revenue 5.250% 10/1/20 1,750 1,789
 
Total Tax-Exempt Municipal Bonds (Cost $2,848,688)     2,809,001

 


 

Total Investments (98.7%) (Cost $2,848,688) 2,809,001
Other Assets and Liabilities-Net (1.3%) 37,094
Net Assets (100%) 2,846,095

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, 2013, the aggregate value of these securities was $4,495,000, representing 0.2% of net assets.
2 Security purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of August 31, 2013.
3 Adjustable-rate security.


 

Pennsylvania Long-Term Tax-Exempt Fund

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.
PUT - Put Option Obligation.
RAN - Revenue Anticipation Note.
TAN - Tax Anticipation Note.
TOB - Tender Option Bond.
TRAN - Tax Revenue Anticipation Note.
VRDO - Variable Rate Demand Obligation.
VRDP - Variable Rate Demand Preferred.
(ETM) - Escrowed to Maturity.
(Prere.) - Prerefunded.

Scheduled principal and interest payments are guaranteed by:
(1) MBIA (Municipal Bond Investors Assurance).
(2) AMBAC (Ambac Assurance Corporation).
(3) FGIC (Financial Guaranty Insurance Company).
(4) AGM (Assured Guaranty Municipal Corporation).
(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 Corporation.
(13) Berkshire Hathaway Assurance Corporation.
(14) National Public Finance Guarantee Corporation.
(15) Build America Mutual Assurance Company.
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.


 

Pennsylvania Long-Term Tax-Exempt Fund

A. 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.

B. Various inputs may be used to determine the value of the fund's investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value 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, 2013, 100% of the market value of the fund's investments was determined based on Level 2 inputs.

C. At August 31, 2013, the cost of investment securities for tax purposes was $2,854,845,000. Net unrealized depreciation of investment securities for tax purposes was $45,844,000, consisting of unrealized gains of $51,967,000 on securities that had risen in value since their purchase and $97,811,000 in unrealized losses on securities that had fallen in value since their purchase.


 

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 Disclosure 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

  VANGUARD PENNSYLVANIA TAX-FREE FUNDS
 
By: /s/ F. WILLIAM MCNABB III*
  F. WILLIAM MCNABB III
  CHIEF EXECUTIVE OFFICER
 
Date: October 21, 2013

 

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 PENNSYLVANIA TAX-FREE FUNDS
 
By: /s/ F. WILLIAM MCNABB III*
  F. WILLIAM MCNABB III
  CHIEF EXECUTIVE OFFICER
 
Date: October 21, 2013

 

  VANGUARD PENNSYLVANIA TAX-FREE FUNDS
 
By: /s/ THOMAS J. HIGGINS*
  THOMAS J. HIGGINS
  CHIEF FINANCIAL OFFICER
 
Date: October 21, 2013

 

* By:/s/ Heidi Stam

Heidi Stam, pursuant to a Power of Attorney filed on March 27, 2012 see file Number 2-11444, Incorporated by Reference.