|
Portfolio of Investments
|
|
|
|
|
|
Nuveen Premier Municipal Income Fund, Inc. (NPF)
|
|
|
|
|
|
July 31, 2016 (Unaudited)
|
|
|
|
|
|
|||||
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
LONG-TERM INVESTMENTS – 138.6% (98.2% of Total Investments)
|
|
|
|
|
|
MUNICIPAL BONDS – 138.6% (98.2% of Total Investments)
|
|
|
|
|
|
Alabama – 0.6% (0.4% of Total Investments)
|
|
|
|
|
$ 2,010
|
Alabama Special Care Facilities Financing Authority, Revenue Bonds, Ascension Health, Series
|
11/16 at 100.00
|
AA+ (4)
|
$ 2,037,075
|
|
|
2006C-2, 5.000%, 11/15/39 (Pre-refunded 11/15/16)
|
|
|
|
|
|
Alaska – 0.3% (0.2% of Total Investments)
|
|
|
|
|
1,000
|
Northern Tobacco Securitization Corporation, Alaska, Tobacco Settlement Asset-Backed Bonds,
|
10/16 at 100.00
|
B3
|
989,980
|
|
|
Series 2006A, 5.000%, 6/01/46
|
|
|
|
|
|
Arizona – 4.5% (3.2% of Total Investments)
|
|
|
|
|
2,335
|
Arizona Sports and Tourism Authority, Tax Revenue Bonds, Multipurpose Stadium Facility
|
7/22 at 100.00
|
A1
|
2,627,062
|
|
|
Project, Refunding Senior Series 2012A, 5.000%, 7/01/36
|
|
|
|
|
7,000
|
Phoenix Civic Improvement Corporation, Arizona, Revenue Bonds, Civic Plaza Expansion Project,
|
No Opt. Call
|
AA
|
10,106,180
|
|
|
Series 2005B, 5.500%, 7/01/39 – FGIC Insured
|
|
|
|
|
1,200
|
Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc.
|
No Opt. Call
|
BBB+
|
1,545,156
|
|
|
Prepay Contract Obligations, Series 2007, 5.000%, 12/01/37
|
|
|
|
|
10,535
|
Total Arizona
|
|
|
14,278,398
|
|
|
California – 21.4% (15.2% of Total Investments)
|
|
|
|
|
3,000
|
Anaheim Public Financing Authority, California, Lease Revenue Bonds, Public Improvement
|
9/17 at 100.00
|
AA–
|
3,088,260
|
|
|
Project, Refunding Series 2007A-1, 4.375%, 3/01/37 – FGIC Insured
|
|
|
|
|
|
Anaheim Public Financing Authority, California, Lease Revenue Bonds, Public Improvement
|
|
|
|
|
|
Project, Series 1997C:
|
|
|
|
|
2,945
|
0.000%, 9/01/27
|
No Opt. Call
|
AA
|
2,194,967
|
|
2,455
|
0.000%, 9/01/32 – AGM Insured
|
No Opt. Call
|
AA
|
1,495,414
|
|
1,000
|
Arcadia Unified School District, Los Angeles County, California, General Obligation Bonds,
|
2/17 at 44.77
|
Aa1
|
443,520
|
|
|
Election 2006 Series 2007A, 0.000%, 8/01/33 – AGM Insured
|
|
|
|
|
1,055
|
Brisbane School District, San Mateo County, California, General Obligation Bonds, Election
|
No Opt. Call
|
AA
|
579,659
|
|
|
2003 Series 2005, 0.000%, 7/01/35 – AGM Insured
|
|
|
|
|
1,640
|
Byron Unified School District, Contra Costa County, California, General Obligation Bonds,
|
No Opt. Call
|
Aa3
|
989,773
|
|
|
Series 2007B, 0.000%, 8/01/32 – SYNCORA GTY Insured
|
|
|
|
|
60
|
Byron Unified School District, Contra Costa County, California, General Obligation Bonds,
|
No Opt. Call
|
Aa3 (4)
|
44,155
|
|
|
Series 2007B, 0.000%, 8/01/32 – SYNCORA GTY Insured (ETM)
|
|
|
|
|
1,700
|
California Health Facilities Financing Authority, Revenue Bonds, Providence Health & Services,
|
10/19 at 100.00
|
AA
|
1,942,845
|
|
|
Series 2009B, 5.500%, 10/01/39
|
|
|
|
|
1,025
|
California Health Facilities Financing Authority, Revenue Bonds, Sutter Health, Tender Option
|
5/18 at 100.00
|
AA–
|
1,441,714
|
|
|
Bond Trust 2015-XF0078, 12.782%, 5/15/40 (IF)
|
|
|
|
|
500
|
California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda
|
12/24 at 100.00
|
BB+
|
577,250
|
|
|
University Medical Center, Series 2014A, 5.250%, 12/01/44
|
|
|
|
|
3,070
|
California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda
|
6/26 at 100.00
|
BB+
|
3,583,365
|
|
|
University Medical Center, Series 2016A, 5.250%, 12/01/56
|
|
|
|
|
500
|
California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity
|
10/16 at 100.00
|
CCC
|
500,005
|
|
|
Health System, Series 2005A, 5.250%, 7/01/39 (5)
|
|
|
|
|
5,045
|
Culver City Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment
|
11/21 at 61.42
|
BBB–
|
2,589,397
|
|
|
Project, Capital Appreciation Series 2011A, 0.000%, 11/01/27
|
|
|
|
|
4,000
|
East Bay Municipal Utility District, Alameda and Contra Costa Counties, California, Water
|
6/24 at 100.00
|
AAA
|
4,882,760
|
|
|
System Revenue Bonds, Series 2014C, 5.000%, 6/01/44
|
|
|
|
|
3,010
|
El Camino Community College District, California, General Obligation Bonds, Election of 2002
|
8/22 at 100.00
|
Aa1
|
2,502,725
|
|
|
Series 2012C, 0.000%, 8/01/25
|
|
|
|
|
25,000
|
Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Series
|
No Opt. Call
|
Aaa
|
24,946,746
|
|
|
1995A, 0.000%, 1/01/17 (ETM)
|
|
|
|
|
3,060
|
Golden State Tobacco Securitization Corporation, California, Enhanced Tobacco Settlement
|
6/25 at 100.00
|
A+
|
3,695,562
|
|
|
Asset-Backed Revenue Bonds, Refunding Series 2015A, 5.000%, 6/01/45
|
|
|
|
|
3,500
|
Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed
|
6/17 at 100.00
|
B–
|
3,500,875
|
|
|
Bonds, Series 2007A-1, 5.125%, 6/01/47
|
|
|
|
|
2,000
|
Imperial Irrigation District, California, Electric System Revenue Bonds, Refunding Series
|
5/26 at 100.00
|
AA–
|
2,477,300
|
|
|
2015C, 5.000%, 11/01/38
|
|
|
|
|
2,665
|
Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series
|
1/24 at 100.00
|
Aa2
|
3,213,883
|
|
|
2014B, 5.000%, 7/01/43
|
|
|
|
|
4,615
|
Riverside County Redevelopment Agency, California, Tax Allocation Bonds, Jurupa Valley Project
|
No Opt. Call
|
A
|
2,104,255
|
|
|
Area, Series 2011B, 0.000%, 10/01/38
|
|
|
|
|
2,000
|
San Francisco, California, Community Facilities District 6, Mission Bay South Public
|
8/22 at 29.31
|
N/R
|
471,320
|
|
|
Improvements, Special Tax Refunding Bonds, Series 2013C, 0.000%, 8/01/43
|
|
|
|
|
1,145
|
Southern Kern Unified School District, Kern County, California, General Obligation Bonds,
|
No Opt. Call
|
AA
|
767,952
|
|
|
Series 2006C, 0.000%, 11/01/30 – AGM Insured
|
|
|
|
|
1,175
|
Southern Kern Unified School District, Kern County, California, General Obligation Bonds,
|
No Opt. Call
|
AA
|
638,812
|
|
|
Series 2010B, 0.000%, 11/01/35 – AGM Insured
|
|
|
|
|
76,165
|
Total California
|
|
|
68,672,514
|
|
|
Colorado – 6.8% (4.8% of Total Investments)
|
|
|
|
|
500
|
Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Liberty
|
1/24 at 100.00
|
A
|
569,265
|
|
|
Common Charter School, Series 2014A, 5.000%, 1/15/44
|
|
|
|
|
375
|
Colorado Health Facilities Authority, Revenue Bonds, Evangelical Lutheran Good Samaritan
|
10/16 at 100.00
|
BBB+
|
376,088
|
|
|
Society, Series 2005, 5.000%, 6/01/29
|
|
|
|
|
|
Denver, Colorado, Airport System Revenue Bonds, Series 2006:
|
|
|
|
|
4,060
|
5.000%, 11/15/23 – FGIC Insured
|
11/16 at 100.00
|
AA–
|
4,113,836
|
|
6,800
|
5.000%, 11/15/24 – FGIC Insured
|
11/16 at 100.00
|
AA–
|
6,890,032
|
|
8,940
|
5.000%, 11/15/25 – FGIC Insured
|
11/16 at 100.00
|
AA–
|
9,058,097
|
|
660
|
Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue
|
12/20 at 100.00
|
AA (4)
|
804,045
|
|
|
Refunding Bonds, Series 2011, 6.125%, 12/01/41 (Pre-refunded 12/01/20) – AGM Insured
|
|
|
|
|
21,335
|
Total Colorado
|
|
|
21,811,363
|
|
|
Florida – 1.4% (1.0% of Total Investments)
|
|
|
|
|
105
|
Marion County Hospital District, Florida, Revenue Bonds, Munroe Regional Medical Center,
|
10/17 at 100.00
|
BBB+ (4)
|
110,502
|
|
|
Refunding and Improvement Series 2007, 5.000%, 10/01/34 (Pre-refunded 10/01/17)
|
|
|
|
|
1,500
|
Martin County Industrial Development Authority, Florida, Industrial Development Revenue
|
6/20 at 100.00
|
Ba1
|
1,589,280
|
|
|
Refunding Bonds, Indiantown Cogeneration LP, Series 2013, 3.950%, 12/15/21 (Alternative
|
|
|
|
|
|
Minimum Tax)
|
|
|
|
|
1,000
|
South Miami Health Facilities Authority, Florida, Hospital Revenue, Baptist Health System
|
8/17 at 100.00
|
AA–
|
1,035,490
|
|
|
Obligation Group, Refunding Series 2007, 5.000%, 8/15/42
|
|
|
|
|
705
|
Southeast Overtown/Park West Community Redevelopment Agency, Florida, Tax Increment Revenue
|
3/24 at 100.00
|
BBB+
|
805,441
|
|
|
Bonds, Series 2014A-1, 5.000%, 3/01/30
|
|
|
|
|
700
|
Tampa, Florida, Cigarette Tax Allocation Bonds, H. Lee Moffitt Cancer Center Project,
|
9/22 at 100.00
|
A+
|
829,213
|
|
|
Refunding & Capital Improvement Series 2012A, 5.000%, 9/01/29
|
|
|
|
|
4,010
|
Total Florida
|
|
|
4,369,926
|
|
|
Georgia – 3.3% (2.3% of Total Investments)
|
|
|
|
|
|
East Point Building Authority, Georgia, Revenue Bonds, Water & Sewer Project Series 2006A:
|
|
|
|
|
2,360
|
5.000%, 2/01/30 – SYNCORA GTY Insured
|
10/16 at 100.00
|
N/R
|
2,363,941
|
|
1,480
|
5.000%, 2/01/34 – SYNCORA GTY Insured
|
10/16 at 100.00
|
N/R
|
1,482,383
|
|
1,000
|
Main Street Natural Gas Inc., Georgia, Gas Project Revenue Bonds, Series 2006B, 5.000%, 3/15/20
|
No Opt. Call
|
A
|
1,111,130
|
|
3,265
|
Metropolitan Atlanta Rapid Transit Authority, Georgia, Sales Tax Revenue Bonds, Third
|
7/26 at 100.00
|
AA+
|
4,043,017
|
|
|
Indenture, Series 2015B, 5.000%, 7/01/41
|
|
|
|
|
1,425
|
Valdosta and Lowndes County Hospital Authority, Georgia, Revenue Certificates, South Georgia
|
10/21 at 100.00
|
Aa2
|
1,615,280
|
|
|
Medical Center Project, Series 2011B, 5.000%, 10/01/41
|
|
|
|
|
9,530
|
Total Georgia
|
|
|
10,615,751
|
|
|
Hawaii – 1.0% (0.7% of Total Investments)
|
|
|
|
|
2,750
|
Hawaii State, Airport System Revenue Bonds, Series 2015A, 5.000%, 7/01/45 (Alternative
|
7/25 at 100.00
|
A+
|
3,231,800
|
|
|
Minimum Tax)
|
|
|
|
|
|
Idaho – 0.3% (0.2% of Total Investments)
|
|
|
|
|
310
|
Idaho Water Resource Board, Water Resource Loan Program Revenue, Ground Water Rights
|
9/22 at 100.00
|
Baa1
|
353,140
|
|
|
Mitigation Series 2012A, 5.000%, 9/01/32
|
|
|
|
|
500
|
Madison County, Idaho, Hospital Revenue Certificates of Participation, Madison Memorial
|
9/16 at 100.00
|
BB+ (4)
|
502,105
|
|
|
Hospital, Series 2006, 5.250%, 9/01/26 (Pre-refunded 9/01/16)
|
|
|
|
|
810
|
Total Idaho
|
|
|
855,245
|
|
|
Illinois – 17.4% (12.3% of Total Investments)
|
|
|
|
|
3,000
|
Bensenville, Illinois, General Obligation Bonds, Series 2011A, 5.000%, 12/15/30 – AGM Insured
|
12/21 at 100.00
|
AA
|
3,368,700
|
|
3,000
|
Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series
|
12/25 at 100.00
|
B+
|
3,180,960
|
|
|
2016A, 7.000%, 12/01/44
|
|
|
|
|
4,100
|
Chicago Transit Authority, Illinois, Sales Tax Receipts Revenue Bonds, Series 2011,
|
12/21 at 100.00
|
AA
|
4,558,216
|
|
|
5.250%, 12/01/40
|
|
|
|
|
6,410
|
Chicago, Illinois, Wastewater Transmission Revenue Bonds, Second Lien Series 2001A, 5.500%,
|
No Opt. Call
|
AA–
|
7,864,942
|
|
|
1/01/30 – NPFG Insured
|
|
|
|
|
1,500
|
Chicago, Illinois, Water Revenue Bonds, Senior Lien Series 2001, 5.750%, 11/01/30 –
|
No Opt. Call
|
Baa2
|
1,830,570
|
|
|
AMBAC Insured
|
|
|
|
|
3,000
|
Illinois Finance Authority, Revenue Bonds, University of Chicago, Refunding Series 2015A,
|
10/25 at 100.00
|
AA+
|
3,550,830
|
|
|
5.000%, 10/01/46
|
|
|
|
|
1,830
|
Illinois Sports Facility Authority, State Tax Supported Bonds, Refunding Series 2014, 5.250%,
|
6/24 at 100.00
|
AA
|
2,119,707
|
|
|
6/15/32 – AGM Insured
|
|
|
|
|
4,685
|
Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Senior Lien Series 2015A,
|
7/25 at 100.00
|
AA–
|
5,637,179
|
|
|
5.000%, 1/01/40
|
|
|
|
|
|
Lombard Public Facilities Corporation, Illinois, Second Tier Conference Center and Hotel
|
|
|
|
|
|
Revenue Bonds, Series 2005B:
|
|
|
|
|
850
|
5.250%, 1/01/25 (6)
|
10/16 at 100.00
|
D
|
259,216
|
|
1,750
|
5.250%, 1/01/30 (6)
|
10/16 at 100.00
|
D
|
533,680
|
|
|
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion
|
|
|
|
|
|
Project, Refunding Series 1996A:
|
|
|
|
|
10,575
|
0.000%, 12/15/23 – NPFG Insured
|
No Opt. Call
|
AA–
|
8,538,149
|
|
10,775
|
0.000%, 12/15/24 – NPFG Insured
|
No Opt. Call
|
AA–
|
8,381,118
|
|
2,395
|
Southwestern Illinois Development Authority, Local Government Revenue Bonds, Edwardsville
|
No Opt. Call
|
AA
|
2,076,345
|
|
|
Community Unit School District 7 Project, Series 2007, 0.000%, 12/01/22 – AGM Insured
|
|
|
|
|
2,000
|
Springfield, Illinois, Electric Revenue Bonds, Senior Lien Series 2015, 5.000%, 3/01/40 –
|
3/25 at 100.00
|
AA
|
2,363,920
|
|
|
AGM Insured
|
|
|
|
|
1,220
|
University of Illinois, Health Services Facilities System Revenue Bonds, Series 2013,
|
10/23 at 100.00
|
A
|
1,489,315
|
|
|
6.000%, 10/01/42
|
|
|
|
|
57,090
|
Total Illinois
|
|
|
55,752,847
|
|
|
Indiana – 2.8% (2.0% of Total Investments)
|
|
|
|
|
6,180
|
Crown Point Multi-School Building Corporation, Indiana, First Mortgage Bonds, Crown Point
|
No Opt. Call
|
AA+
|
5,512,622
|
|
|
Community School Corporation, Series 2000, 0.000%, 1/15/23 – NPFG Insured
|
|
|
|
|
1,500
|
Indiana Finance Authority, Private Activity Bonds, Ohio River Bridges East End Crossing
|
7/23 at 100.00
|
BBB+
|
1,706,325
|
|
|
Project, Series 2013B, 5.000%, 7/01/40 (Alternative Minimum Tax)
|
|
|
|
|
1,700
|
Saint Joseph County, Indiana, Educational Facilities Revenue Bonds, University of Notre Dame
|
3/18 at 100.00
|
Aaa
|
1,817,402
|
|
|
du Lac Project, Refunding Series 2009, 5.000%, 3/01/36
|
|
|
|
|
9,380
|
Total Indiana
|
|
|
9,036,349
|
|
|
Iowa – 1.9% (1.3% of Total Investments)
|
|
|
|
|
1,850
|
Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company
|
No Opt. Call
|
B+
|
1,924,333
|
|
|
Project, Series 2013, 5.000%, 12/01/19
|
|
|
|
|
4,000
|
Iowa Tobacco Settlement Authority, Asset Backed Settlement Revenue Bonds, Series 2005C,
|
10/16 at 100.00
|
B+
|
4,000,240
|
|
|
5.500%, 6/01/42
|
|
|
|
|
5,850
|
Total Iowa
|
|
|
5,924,573
|
|
|
Kansas – 1.8% (1.3% of Total Investments)
|
|
|
|
|
5,000
|
Wyandotte County/Kansas City Unified Government, Kansas, Utility System Revenue Bonds,
|
No Opt. Call
|
A+
|
5,896,650
|
|
|
Improvement Series 2012B, 5.000%, 9/01/32
|
|
|
|
|
10
|
Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Capital
|
No Opt. Call
|
A–
|
7,640
|
|
|
Appreciation Revenue Bonds Redevelopment Project Area B – Major Multi-Sport Athletic Complex
|
|
|
|
|
|
Project, Subordinate Lien Series 2010B, 0.000%, 6/01/21
|
|
|
|
|
5,010
|
Total Kansas
|
|
|
5,904,290
|
|
|
Kentucky – 4.4% (3.1% of Total Investments)
|
|
|
|
|
|
Kenton County Airport Board, Kentucky, Airport Revenue Bonds, Cincinnati/Northern Kentucky
|
|
|
|
|
|
International Airport, Series 2016:
|
|
|
|
|
1,635
|
5.000%, 1/01/25
|
No Opt. Call
|
A+
|
2,019,143
|
|
600
|
5.000%, 1/01/29
|
1/26 at 100.00
|
A+
|
734,814
|
|
1,700
|
Kentucky Economic Development Finance Authority, Hospital Facilities Revenue Bonds, Owensboro
|
6/20 at 100.00
|
BBB+
|
1,970,011
|
|
|
Medical Health System, Series 2010A, 6.500%, 3/01/45
|
|
|
|
|
|
Kentucky Municipal Power Agency, Power System Revenue Bonds, Prairie State Project
|
|
|
|
|
|
Series 2007A:
|
|
|
|
|
505
|
5.000%, 9/01/37 (Pre-refunded 9/01/17) – NPFG Insured
|
9/17 at 100.00
|
AA– (4)
|
529,371
|
|
1,785
|
5.000%, 9/01/37 (Pre-refunded 9/01/17) – NPFG Insured
|
9/17 at 100.00
|
AA– (4)
|
1,871,144
|
|
5,440
|
Kentucky Public Transportation Infrastructure Authority, First Tier Toll Revenue Bonds,
|
7/23 at 100.00
|
Baa3
|
6,492,422
|
|
|
Downtown Crossing Project, Series 2013A, 5.750%, 7/01/49
|
|
|
|
|
510
|
Louisville and Jefferson County Metropolitan Government, Kentucky, Industrial Building Revenue
|
10/16 at 100.00
|
A+
|
512,474
|
|
|
Bonds, Sisters of Mercy of the Americas, Series 2006, 5.000%, 10/01/35
|
|
|
|
|
12,175
|
Total Kentucky
|
|
|
14,129,379
|
|
|
Louisiana – 3.6% (2.6% of Total Investments)
|
|
|
|
|
2,930
|
Ascension Parish Industrial development Board, Louisiana, Revenue Bonds, Impala Warehousing
|
7/23 at 100.00
|
N/R
|
3,311,017
|
|
|
(US) LLC Project, Series 2013, 6.000%, 7/01/36
|
|
|
|
|
2,665
|
East Baton Rouge Sewerage Commission, Louisiana, Revenue Bonds, Refunding Series 2014B,
|
2/25 at 100.00
|
AA
|
3,204,316
|
|
|
5.000%, 2/01/39
|
|
|
|
|
1,085
|
Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project,
|
5/17 at 100.00
|
A–
|
1,120,176
|
|
|
Series 2007A, 5.500%, 5/15/47
|
|
|
|
|
415
|
Louisiana Public Facilities Authority, Revenue Bonds, Ochsner Clinic Foundation Project,
|
5/17 at 100.00
|
N/R (4)
|
431,546
|
|
|
Series 2007A, 5.500%, 5/15/47 (Pre-refunded 5/15/17)
|
|
|
|
|
330
|
Louisiana Stadium and Exposition District, Revenue Refunding Bonds, Senior Lien Series 2013A,
|
7/23 at 100.00
|
A
|
383,272
|
|
|
5.000%, 7/01/36
|
|
|
|
|
1,000
|
New Orleans, Louisiana, General Obligation Bonds, Refunding Series 2012, 5.000%, 12/01/28 –
|
12/22 at 100.00
|
AA
|
1,178,720
|
|
|
AGM Insured
|
|
|
|
|
1,200
|
New Orleans, Louisiana, Water Revenue Bonds, Refunding Series 2014, 5.000%, 12/01/44
|
12/24 at 100.00
|
A–
|
1,401,888
|
|
485
|
Saint Charles Parish, Louisiana, Gulf Opportunity Zone Revenue Bonds, Valero Project, Series
|
No Opt. Call
|
BBB
|
540,969
|
|
|
2010, 4.000%, 12/01/40 (Mandatory put 6/01/22)
|
|
|
|
|
10,110
|
Total Louisiana
|
|
|
11,571,904
|
|
|
Maine – 1.6% (1.1% of Total Investments)
|
|
|
|
|
2,000
|
Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical
|
7/23 at 100.00
|
BBB
|
2,270,380
|
|
|
Center Obligated Group Issue, Series 2013, 5.000%, 7/01/33
|
|
|
|
|
|
Maine Turnpike Authority, Special Obligation Bonds, Series 2014:
|
|
|
|
|
1,290
|
5.000%, 7/01/33
|
No Opt. Call
|
A+
|
1,554,386
|
|
1,020
|
5.000%, 7/01/34
|
No Opt. Call
|
A+
|
1,224,938
|
|
4,310
|
Total Maine
|
|
|
5,049,704
|
|
|
Maryland – 1.9% (1.3% of Total Investments)
|
|
|
|
|
5,000
|
Baltimore, Maryland, Revenue Bonds, Wastewater Projects, Series 2014C, 5.000%, 7/01/44
|
1/25 at 100.00
|
AA–
|
6,011,250
|
|
|
Massachusetts – 2.6% (1.9% of Total Investments)
|
|
|
|
|
7,500
|
Massachusetts Department of Transportation, Metropolitan Highway System Revenue Bonds,
|
1/20 at 100.00
|
A+
|
8,417,775
|
|
|
Refunding Senior Lien Series 2010B, 5.000%, 1/01/37
|
|
|
|
|
|
Michigan – 3.2% (2.3% of Total Investments)
|
|
|
|
|
1,500
|
Michigan Finance Authority, Hospital Revenue Bonds, Sparrow Obligated Group, Series 2012,
|
11/22 at 100.00
|
A+
|
1,707,270
|
|
|
5.000%, 11/15/42
|
|
|
|
|
2,000
|
Michigan Finance Authority, State Revolving Fund Revenue Bonds, Clean Water Series 2012,
|
10/22 at 100.00
|
AAA
|
2,421,640
|
|
|
5.000%, 10/01/31
|
|
|
|
|
815
|
Michigan State Hospital Finance Authority, Revenue Bonds, Trinity Health Care Group, Series
|
12/16 at 100.00
|
AA
|
827,005
|
|
|
2006A, 5.000%, 12/01/31
|
|
|
|
|
185
|
Michigan State Hospital Finance Authority, Revenue Bonds, Trinity Health Care Group, Series
|
12/16 at 100.00
|
Aa2 (4)
|
187,831
|
|
|
2006A, 5.000%, 12/01/31 (Pre-refunded 12/01/16)
|
|
|
|
|
5,000
|
Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Revenue Bonds,
|
6/18 at 100.00
|
B2
|
5,162,050
|
|
|
Series 2008A, 6.875%, 6/01/42
|
|
|
|
|
9,500
|
Total Michigan
|
|
|
10,305,796
|
|
|
Minnesota – 0.8% (0.6% of Total Investments)
|
|
|
|
|
|
Minnesota Municipal Power Agency, Electric Revenue Bonds, Refunding Series 2014A:
|
|
|
|
|
700
|
5.000%, 10/01/34
|
10/24 at 100.00
|
A2
|
843,528
|
|
500
|
5.000%, 10/01/35
|
10/24 at 100.00
|
A2
|
600,040
|
|
1,000
|
Minnesota State, General Obligation Bonds, Various Purpose, Refunding Series 2010D,
|
No Opt. Call
|
AAA
|
1,089,160
|
|
|
5.000%, 8/01/18
|
|
|
|
|
2,200
|
Total Minnesota
|
|
|
2,532,728
|
|
|
Nebraska – 0.8% (0.5% of Total Investments)
|
|
|
|
|
1,580
|
Douglas County Hospital Authority 2, Nebraska, Health Facilities Revenue Bonds, Nebraska
|
No Opt. Call
|
N/R (4)
|
1,601,188
|
|
|
Medical Center, Series 2003, 5.000%, 11/15/16 (ETM)
|
|
|
|
|
515
|
Omaha Public Power District, Nebraska, Separate Electric System Revenue Bonds, Nebraska
|
2/17 at 100.00
|
AA+ (4)
|
810,538
|
|
|
City 2, Tender Option Bond Trust 2016-XF2220, Formerly Tender Option Bond Trust 11673,
|
|
|
|
|
|
19.267%, 8/01/40 – BHAC Insured (Pre-refunded 2/01/17) (IF)
|
|
|
|
|
2,095
|
Total Nebraska
|
|
|
2,411,726
|
|
|
Nevada – 4.6% (3.3% of Total Investments)
|
|
|
|
|
4,000
|
Clark County, Nevada, Airport Revenue Bonds, Subordinate Lien Series 2010B, 5.750%, 7/01/42
|
1/20 at 100.00
|
A+
|
4,631,760
|
|
2,500
|
Clark County, Nevada, Passenger Facility Charge Revenue Bonds, Las Vegas-McCarran
|
No Opt. Call
|
A+
|
3,199,150
|
|
|
International Airport, Refunding Series 2015C, 5.000%, 7/01/26
|
|
|
|
|
3,835
|
Las Vegas Valley Water District, Nevada, General Obligation Bonds, Refunding Series 2015,
|
12/24 at 100.00
|
Aa1
|
4,655,422
|
|
|
5.000%, 6/01/39
|
|
|
|
|
2,050
|
Washoe County, Nevada, General Obligation Bonds, Reno-Sparks Convention & Visitors Authority,
|
7/21 at 100.00
|
AA
|
2,376,524
|
|
|
Refunding Series 2011, 5.000%, 7/01/32
|
|
|
|
|
12,385
|
Total Nevada
|
|
|
14,862,856
|
|
|
New Hampshire – 1.6% (1.2% of Total Investments)
|
|
|
|
|
3,500
|
New Hampshire Health and Education Facilities Authority, Revenue Bonds, Catholic Medical
|
No Opt. Call
|
A–
|
3,699,255
|
|
|
Center, Series 2012, 4.000%, 7/01/32
|
|
|
|
|
1,110
|
New Hampshire Health and Education Facilities Authority, Revenue Bonds, Dartmouth College,
|
6/19 at 100.00
|
AA+ (4)
|
1,539,137
|
|
|
Tender Option Bond Trust 2016-XL0025, 13.469%, 6/01/39 (Pre-refunded 6/01/19) (IF) (7)
|
|
|
|
|
4,610
|
Total New Hampshire
|
|
|
5,238,392
|
|
|
New Jersey – 6.7% (4.8% of Total Investments)
|
|
|
|
|
1,865
|
New Jersey Economic Development Authority, Private Activity Bonds, The Goethals Bridge
|
1/24 at 100.00
|
AA
|
2,170,021
|
|
|
Replacement Project, Series 2013, 5.125%, 1/01/39 – AGM Insured (Alternative Minimum Tax)
|
|
|
|
|
2,000
|
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Saint Barnabas Health
|
7/21 at 100.00
|
A–
|
2,375,900
|
|
|
Care System, Refunding Series 2011A, 5.625%, 7/01/32
|
|
|
|
|
1,000
|
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital
|
No Opt. Call
|
A–
|
681,380
|
|
|
Appreciation Series 2010A, 0.000%, 12/15/26
|
|
|
|
|
|
New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Refunding
|
|
|
|
|
|
Series 2006C:
|
|
|
|
|
25,000
|
0.000%, 12/15/35 – AMBAC Insured
|
No Opt. Call
|
A–
|
11,771,250
|
|
10,000
|
0.000%, 12/15/36 – AMBAC Insured
|
No Opt. Call
|
A–
|
4,493,000
|
|
39,865
|
Total New Jersey
|
|
|
21,491,551
|
|
|
New York – 6.6% (4.7% of Total Investments)
|
|
|
|
|
|
Brooklyn Arena Local Development Corporation, New York, Payment in Lieu of Taxes Revenue
|
|
|
|
|
|
Bonds, Barclays Center Project, Series 2009:
|
|
|
|
|
660
|
6.000%, 7/15/30
|
1/20 at 100.00
|
BBB–
|
757,515
|
|
1,600
|
0.000%, 7/15/44
|
No Opt. Call
|
BBB–
|
490,976
|
|
1,100
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series
|
2/21 at 100.00
|
A
|
1,301,707
|
|
|
2011A, 5.750%, 2/15/47
|
|
|
|
|
2,200
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 4.500%,
|
2/17 at 100.00
|
AA–
|
2,243,582
|
|
|
2/15/47 – NPFG Insured
|
|
|
|
|
425
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A,
|
10/16 at 100.00
|
AA+
|
426,594
|
|
|
5.000%, 12/01/25 – FGIC Insured
|
|
|
|
|
2,000
|
New York Convention Center Development Corporation, New York, Hotel Unit Fee Secured Revenue
|
11/25 at 100.00
|
Aa3
|
2,421,560
|
|
|
Bonds, Refunding Series 2015, 5.000%, 11/15/45
|
|
|
|
|
4,100
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade
|
11/24 at 100.00
|
N/R
|
4,717,501
|
|
|
Center Project, Class 1 Series 2014, 5.000%, 11/15/44
|
|
|
|
|
1,560
|
New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 4 World Trade
|
11/21 at 100.00
|
A+
|
1,822,142
|
|
|
Center Project, Series 2011, 5.000%, 11/15/44
|
|
|
|
|
1,500
|
New York Liberty Development Corporation, Revenue Bonds, Goldman Sachs Headquarters Issue,
|
No Opt. Call
|
A
|
2,023,530
|
|
|
Series 2005, 5.250%, 10/01/35
|
|
|
|
|
3,480
|
New York Transportation Development Corporation, Special Facilities Bonds, LaGuardia Airport
|
7/24 at 100.00
|
BBB
|
4,044,352
|
|
|
Terminal B Redevelopment Project, Series 2016A, 5.250%, 1/01/50 (Alternative Minimum Tax)
|
|
|
|
|
500
|
Onondaga Civic Development Corporation, New York, Revenue Bonds, Saint Joseph’s Hospital
|
7/19 at 100.00
|
N/R (4)
|
564,895
|
|
|
Health Center Project, Series 2014A, 5.125%, 7/01/31 (Pre-refunded 7/01/19)
|
|
|
|
|
395
|
Port Authority of New York and New Jersey, Special Project Bonds, JFK International Air
|
12/20 at 100.00
|
Baa1
|
465,563
|
|
|
Terminal LLC Project, Eighth Series 2010, 6.000%, 12/01/42
|
|
|
|
|
19,520
|
Total New York
|
|
|
21,279,917
|
|
|
North Carolina – 5.7% (4.0% of Total Investments)
|
|
|
|
|
|
North Carolina Department of Transportation, Private Activity Revenue Bonds, I-77 Hot Lanes
|
|
|
|
|
|
Project, Series 2015:
|
|
|
|
|
2,965
|
5.000%, 12/31/37 (Alternative Minimum Tax)
|
6/25 at 100.00
|
BBB–
|
3,408,475
|
|
1,000
|
5.000%, 6/30/54 (Alternative Minimum Tax)
|
6/25 at 100.00
|
BBB–
|
1,127,110
|
|
10,300
|
North Carolina Eastern Municipal Power Agency, Power System Revenue Bonds, Series 1993B,
|
No Opt. Call
|
AA– (4)
|
13,045,671
|
|
|
6.000%, 1/01/22 – CAPMAC Insured (ETM) (UB) (7)
|
|
|
|
|
500
|
North Carolina Municipal Power Agency 1, Catawba Electric Revenue Bonds, Refunding Series
|
1/26 at 100.00
|
A
|
623,360
|
|
|
2015A, 5.000%, 1/01/32
|
|
|
|
|
14,765
|
Total North Carolina
|
|
|
18,204,616
|
|
|
North Dakota – 0.3% (0.2% of Total Investments)
|
|
|
|
|
675
|
Burleigh County, North Dakota, Health Care Revenue Bonds, Saint Alexius Medical Center
|
7/22 at 100.00
|
N/R (4)
|
827,489
|
|
|
Project, Refunding Series 2012A, 5.000%, 7/01/38 (Pre-refunded 7/01/22)
|
|
|
|
|
|
Ohio – 4.4% (3.1% of Total Investments)
|
|
|
|
|
|
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
|
|
|
|
|
|
Bonds, Senior Lien, Series 2007A-2:
|
|
|
|
|
4,100
|
5.125%, 6/01/24
|
6/17 at 100.00
|
B–
|
4,049,529
|
|
3,410
|
5.875%, 6/01/47
|
6/17 at 100.00
|
B–
|
3,408,227
|
|
1,000
|
JobsOhio Beverage System, Ohio, Statewide Liquor Profits Revenue Bonds, Senior Lien Series
|
1/23 at 100.00
|
AA
|
1,174,020
|
|
|
2013A, 5.000%, 1/01/38
|
|
|
|
|
|
JobsOhio Beverage System, Ohio, Statewide Senior Lien Liquor Profits Revenue Bonds, Tender
|
|
|
|
|
|
Option Bond Trust 2016-XG0052:
|
|
|
|
|
1,315
|
16.211%, 1/01/38 (IF) (7)
|
1/23 at 100.00
|
AA
|
2,230,345
|
|
625
|
16.211%, 1/01/38 (IF) (7)
|
1/23 at 100.00
|
AA
|
1,060,050
|
|
265
|
16.096%, 1/01/38 (IF) (7)
|
1/23 at 100.00
|
AA
|
448,051
|
|
1,210
|
Ohio State, Private Activity Bonds, Portsmouth Gateway Group, LLC – Borrower, Portsmouth
|
6/25 at 100.00
|
A–
|
1,391,996
|
|
|
Bypass Project, Series 2015, 5.000%, 12/31/39 (Alternative Minimum Tax)
|
|
|
|
|
250
|
Port of Greater Cincinnati Development Authority, Ohio, Economic Development Revenue Bonds,
|
10/16 at 100.00
|
A+
|
251,770
|
|
|
Sisters of Mercy of the Americas, Series 2006, 5.000%, 10/01/25
|
|
|
|
|
12,175
|
Total Ohio
|
|
|
14,013,988
|
|
|
Oklahoma – 2.1% (1.5% of Total Investments)
|
|
|
|
|
450
|
Norman Regional Hospital Authority, Oklahoma, Hospital Revenue Bonds, Series 2005,
|
9/16 at 100.00
|
BBB
|
451,170
|
|
|
5.375%, 9/01/36
|
|
|
|
|
3,000
|
Tulsa Airports Improvement Trust, Oklahoma, General Airport Revenue Bonds, Series 2013A,
|
6/23 at 100.00
|
AA
|
3,471,450
|
|
|
5.625%, 6/01/43 – BAM Insured (Alternative Minimum Tax)
|
|
|
|
|
2,705
|
Tulsa County Industrial Authority, Oklahoma, Health Care Revenue Bonds, Saint Francis Health
|
12/16 at 100.00
|
AA+
|
2,748,253
|
|
|
System, Series 2006, 5.000%, 12/15/36
|
|
|
|
|
6,155
|
Total Oklahoma
|
|
|
6,670,873
|
|
|
Oregon – 2.2% (1.5% of Total Investments)
|
|
|
|
|
2,000
|
Oregon Department of Administrative Services, State Lottery Revenue Bonds, Refunding Series
|
4/24 at 100.00
|
AAA
|
2,518,300
|
|
|
2014C, 5.000%, 4/01/25
|
|
|
|
|
3,500
|
Oregon Department of Administrative Services, State Lottery Revenue Bonds, Refunding Series
|
4/25 at 100.00
|
AAA
|
4,400,270
|
|
|
2015D, 5.000%, 4/01/29
|
|
|
|
|
5,500
|
Total Oregon
|
|
|
6,918,570
|
|
|
Pennsylvania – 1.9% (1.3% of Total Investments)
|
|
|
|
|
4,500
|
Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2009C, 6.250%,
|
6/26 at 100.00
|
AA
|
6,056,955
|
|
|
6/01/33 – AGM Insured
|
|
|
|
|
|
South Carolina – 2.3% (1.6% of Total Investments)
|
|
|
|
|
2,620
|
South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Series 2013A,
|
12/23 at 100.00
|
AA–
|
3,105,905
|
|
|
5.125%, 12/01/43
|
|
|
|
|
3,455
|
South Carolina Public Service Authority, Santee Cooper Revenue Obligations, Series 2014A,
|
6/24 at 100.00
|
AA–
|
4,165,832
|
|
|
5.500%, 12/01/54
|
|
|
|
|
6,075
|
Total South Carolina
|
|
|
7,271,737
|
|
|
Tennessee – 1.6% (1.2% of Total Investments)
|
|
|
|
|
150
|
Johnson City Health and Educational Facilities Board, Tennessee, Hospital Revenue Refunding
|
7/23 at 100.00
|
AA– (4)
|
150,587
|
|
|
and Improvement Bonds, Johnson City Medical Center, Series 1998C, 5.125%, 7/01/25
|
|
|
|
|
|
(Pre-refunded 7/01/23) – NPFG Insured
|
|
|
|
|
4,000
|
The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006A, 5.250%, 9/01/26
|
No Opt. Call
|
A
|
5,065,240
|
|
4,150
|
Total Tennessee
|
|
|
5,215,827
|
|
|
Texas – 9.6% (6.8% of Total Investments)
|
|
|
|
|
4,280
|
Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, First Tier
|
1/17 at 100.00
|
BBB–
|
4,326,481
|
|
|
Series 2006A, 5.000%, 1/01/34 – SYNCORA GTY Insured
|
|
|
|
|
1,000
|
Bell County Water Control Improvement District 1, Texas, Water Revenue Bonds, Series 2014,
|
7/23 at 100.00
|
AA
|
1,168,930
|
|
|
5.000%, 7/10/37 – BAM Insured
|
|
|
|
|
1,075
|
Brazos River Authority, Texas, Pollution Control Revenue Bonds, TXU Energy Company LLC
|
10/16 at 100.00
|
C
|
18,232
|
|
|
Project, Series 2003C, 6.750%, 10/01/38 (Alternative Minimum Tax) (8)
|
|
|
|
|
2,600
|
Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2015A,
|
7/25 at 100.00
|
BBB+
|
3,116,880
|
|
|
5.000%, 1/01/35
|
|
|
|
|
3,750
|
Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, First Tier Series
|
10/23 at 100.00
|
BBB+
|
4,286,663
|
|
|
2013A, 5.125%, 10/01/43
|
|
|
|
|
2,745
|
Gulf Coast Industrial Development Authority, Texas, Solid Waste Disposal Revenue Bonds, Citgo
|
10/22 at 100.00
|
BB
|
2,947,554
|
|
|
Petroleum Corporation Project, Series 1995, 4.875%, 5/01/25 (Alternative Minimum Tax)
|
|
|
|
|
500
|
Harris County Metropolitan Transit Authority, Texas, Sales and Use Tax Revenue Bonds,
|
11/24 at 100.00
|
AA+
|
621,930
|
|
|
Contractual Obligation Series 2014, 5.000%, 11/01/29
|
|
|
|
|
|
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Junior Lien Series 2001H:
|
|
|
|
|
150
|
0.000%, 11/15/24 – NPFG Insured
|
No Opt. Call
|
AA–
|
115,652
|
|
4,440
|
0.000%, 11/15/29 – NPFG Insured
|
No Opt. Call
|
AA–
|
2,819,888
|
|
600
|
Harris County-Houston Sports Authority, Texas, Revenue Bonds, Refunding Second Lien Series
|
11/24 at 100.00
|
A3
|
708,756
|
|
|
2014C, 5.000%, 11/15/33
|
|
|
|
|
800
|
Love Field Airport Modernization Corporation, Texas, Special Facilities Revenue Bonds,
|
11/20 at 100.00
|
Baa1
|
913,296
|
|
|
Southwest Airlines Company, Series 2010, 5.250%, 11/01/40
|
|
|
|
|
2,000
|
McCamey County Hospital District, Texas, General Obligation Bonds, Series 2013,
|
12/25 at 100.00
|
Ba2
|
2,346,260
|
|
|
6.125%, 12/01/38
|
|
|
|
|
1,735
|
New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue
|
4/24 at 100.00
|
AA
|
1,978,820
|
|
|
Bonds, CHF-Collegiate Housing Foundation – College Station I LLC – Texas A&M University
|
|
|
|
|
|
Project, Series 2014A, 5.000%, 4/01/46 – AGM Insured
|
|
|
|
|
950
|
North Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier, Series 2008F,
|
1/18 at 100.00
|
A2 (4)
|
1,019,531
|
|
|
5.750%, 1/01/38 (Pre-refunded 1/01/18)
|
|
|
|
|
1,000
|
Sabine River Authority, Texas, Pollution Control Revenue Bonds, TXU Electric Company, Series
|
10/16 at 100.00
|
C
|
16,960
|
|
|
2001C, 5.200%, 5/01/28 (8)
|
|
|
|
|
125
|
Tarrant County Cultural and Educational Facilities Finance Corporation, Texas, Revenue Bonds,
|
2/17 at 100.00
|
AA
|
135,665
|
|
|
Texas Health Resources Project, Tender Option Bond Trust 2016-XF0387, 16.600%, 2/15/36 (IF) (7)
|
|
|
|
|
|
Tarrant County Cultural Education Facilities Finance Corporation, Texas, Revenue Bonds, Texas
|
|
|
|
|
|
Health Resources, Series 2007A:
|
|
|
|
|
1,400
|
5.000%, 2/15/36 (UB)
|
2/17 at 100.00
|
AA
|
1,429,862
|
|
1,600
|
5.000%, 2/15/36 (UB)
|
2/17 at 100.00
|
AA
|
1,634,128
|
|
1,000
|
Texas Municipal Gas Acquisition and Supply Corporation III, Gas Supply Revenue Bonds, Series
|
No Opt. Call
|
A3
|
1,139,550
|
|
|
2012, 5.000%, 12/15/31
|
|
|
|
|
31,750
|
Total Texas
|
|
|
30,745,038
|
|
|
Utah – 2.6% (1.8% of Total Investments)
|
|
|
|
|
1,000
|
Central Utah Water Conservancy District, Water Revenue Bonds, Series 2012C, 5.000%, 10/01/42
|
10/22 at 100.00
|
AA+
|
1,191,270
|
|
2,000
|
Utah County, Utah, Hospital Revenue Bonds, IHC Health Services Inc., Series 2012,
|
5/21 at 100.00
|
AA+
|
2,305,580
|
|
|
5.000%, 5/15/43
|
|
|
|
|
4,110
|
Utah Transit Authority, Sales Tax Revenue Bonds, Refunding Series 2012, 5.000%, 6/15/42
|
6/22 at 100.00
|
A+
|
4,765,751
|
|
7,110
|
Total Utah
|
|
|
8,262,601
|
|
|
Virginia – 1.5% (1.1% of Total Investments)
|
|
|
|
|
1,765
|
Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, 95 Express Lanes LLC
|
1/22 at 100.00
|
BBB–
|
1,951,561
|
|
|
Project, Series 2012, 5.000%, 1/01/40 (Alternative Minimum Tax)
|
|
|
|
|
2,520
|
Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River
|
7/22 at 100.00
|
BBB
|
2,924,662
|
|
|
Crossing, Opco LLC Project, Series 2012, 5.500%, 1/01/42 (Alternative Minimum Tax)
|
|
|
|
|
4,285
|
Total Virginia
|
|
|
4,876,223
|
|
|
Washington – 2.1% (1.5% of Total Investments)
|
|
|
|
|
2,000
|
Energy Northwest, Washington, Electric Revenue Bonds, Columbia Generating Station, Refunding
|
7/24 at 100.00
|
Aa1
|
2,414,760
|
|
|
Series 2014A, 5.000%, 7/01/40
|
|
|
|
|
1,000
|
Washington Health Care Facilities Authority, Revenue Bonds, Kadlec Regional Medical Center,
|
12/20 at 100.00
|
N/R (4)
|
1,198,360
|
|
|
Series 2010, 5.500%, 12/01/39 (Pre-refunded 12/01/20)
|
|
|
|
|
1,590
|
Washington Health Care Facilities Authority, Revenue Bonds, Kadlec Regional Medical Center,
|
12/21 at 100.00
|
N/R (4)
|
1,927,048
|
|
|
Series 2012, 5.000%, 12/01/42 (Pre-refunded 12/01/21)
|
|
|
|
|
1,000
|
Washington Health Care Facilities Authority, Revenue Bonds, Seattle Children’s Hospital,
|
10/22 at 100.00
|
Aa2
|
1,167,660
|
|
|
Series 2012A, 5.000%, 10/01/42
|
|
|
|
|
5,590
|
Total Washington
|
|
|
6,707,828
|
|
|
Wyoming – 0.4% (0.3% of Total Investments)
|
|
|
|
|
1,350
|
Sweetwater County, Wyoming, Solid Waste Disposal Revenue Bonds, FMC Corporation, Series 2005,
|
10/16 at 100.00
|
BBB
|
1,355,279
|
|
|
5.600%, 12/01/35 (Alternative Minimum Tax)
|
|
|
|
|
$ 438,825
|
Total Long-Term Investments (cost $393,145,794)
|
|
|
443,910,113
|
|
|
|||||
Principal
|
|
Optional Call
|
|
|
|
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
SHORT-TERM INVESTMENTS – 2.6% (1.8% of Total Investments)
|
|
|
|
|
|
MUNICIPAL BONDS – 2.6% (1.8% of Total Investments)
|
|
|
|
|
|
Illinois – 2.6% (1.8% of Total Investments)
|
|
|
|
|
$ 7,500
|
Chicago Transit Authority, Illinois, Sales Tax Receipts Revenue Bonds, Variable Rate Demand
|
12/24 at 100.00
|
A-1
|
$ 7,500,000
|
|
|
Obligations, Tender Option Bond Floater Series 2015-XM0053, 0.690%, 12/01/49 (9)
|
|
|
|
|
800
|
Illinois Finance Authority, Revenue Bonds, University of Chicago, Variable Rate Demand
|
7/18 at 100.00
|
A-1
|
800,000
|
|
|
Obligations,Tender Option Bond Floater 2015-XM0114. Formerly Tender Option Bond Trust 3205,
|
|
|
|
|
|
0.470%, 7/01/37 (9)
|
|
|
|
|
$ 8,300
|
Total Short-Term Investments (cost $8,300,000)
|
|
|
8,300,000
|
|
|
Total Investments (cost $401,445,794) – 141.2%
|
|
|
452,210,113
|
|
|
Floating Rate Obligations – (3.1)%
|
|
|
(9,975,000)
|
|
|
Variable Rate Demand Preferred Shares, at Liquidation Preference – (39.9)% (10)
|
|
|
(127,700,000)
|
|
|
Other Assets Less Liabilities – 1.8%
|
|
|
5,688,971
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 320,224,084
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
Long-Term Investments:
|
|
|
|
|
Municipal Bonds
|
$ —
|
$443,910,113
|
$ —
|
$443,910,113
|
Short-Term Investments:
|
|
|
|
|
Municipal Bonds
|
—
|
8,300,000
|
—
|
8,300,000
|
Total
|
$ —
|
$452,210,113
|
$ —
|
$452,210,113
|
Gross unrealized:
|
|
Appreciation
|
$56,205,723
|
Depreciation
|
(9,640,200)
|
Net unrealized appreciation (depreciation) of investments
|
$46,565,523
|
(1)
|
All percentages shown in the Portfolio of Investments are based on net assets applicable to common
|
|
|
shares unless otherwise noted.
|
|
(2)
|
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption.
|
|
|
There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities
|
|
|
may be subject to periodic principal paydowns.
|
|
(3)
|
For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group
|
|
|
(“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This
|
|
|
treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment
|
|
|
policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be
|
|
|
below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.
|
|
(4)
|
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities,
|
|
|
which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or
|
|
|
agency securities are regarded as having an implied rating equal to the rating of such securities.
|
|
(5)
|
The coupon for this security increased 0.25% effective January 1, 2016 and will increase an additional
|
|
|
0.25% effective May 11, 2016.
|
|
(6)
|
On May 7, 2015, the Fund’s Adviser determined it was unlikely that this borrower would fulfill its entire
|
|
|
obligation on this security, and therefore reduced the security’s interest rate of accrual from
|
|
|
5.250% to 2.100%.
|
|
(7)
|
Investment, or portion of investment, has been pledged to collateralize the net payment obligations for
|
|
|
investments in inverse floating rate transactions.
|
|
(8)
|
As of, or subsequent to, the end of the reporting period this security is non-income producing. Non-income
|
|
|
producing, in the case of a fixed-income security, generally denotes that the issuer has (1) defaulted on
|
|
|
the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy Court or (3) the
|
|
|
Fund’s Adviser has concluded that the issue is not likely to meet its future interest payment obligations
|
|
|
and has ceased accruing additional income on the Fund’s records.
|
|
(9)
|
Investment has a maturity of greater than one year, but has variable rate and demand features which qualify
|
|
|
it as a short-term investment. The rate disclosed is that in effect at the end of the reporting period. This
|
|
|
rate changes periodically based on market conditions or a specified market index.
|
|
(10)
|
Variable Rate Demand Preferred Shares, at Liquidation Preference as a percentage of Total Investments
|
|
|
is 28.2%
|
(ETM)
|
Escrowed to maturity.
|
|
(IF)
|
Inverse floating rate investment.
|
|
(UB)
|
Underlying bond of an inverse floating rate trust reflected as a financing transaction.
|
a.
|
The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
|
b.
|
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
|
By (Signature and Title) | /s/ Kevin J. McCarthy |
Kevin J. McCarthy
Vice President and Secretary
|
By (Signature and Title) | /s/ Gifford R. Zimmerman |
Gifford R. Zimmerman
Chief Administrative Officer (principal executive officer)
|
By (Signature and Title) | /s/ Stephen D. Foy |
Stephen D. Foy
Vice President and Controller (principal financial officer)
|
1.
|
I have reviewed this report on Form N-Q of Nuveen Premier Municipal Income Fund, Inc.;
|
2.
|
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
|
3.
|
Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;
|
4.
|
The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
|
a.
|
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
|
b.
|
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
|
c.
|
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and
|
d.
|
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
|
5.
|
The registrant's other certifying officer and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
|
a.
|
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
|
b.
|
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
|
1.
|
I have reviewed this report on Form N-Q of Nuveen Premier Municipal Income Fund, Inc.;
|
2.
|
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
|
3.
|
Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;
|
4.
|
The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
|
a.
|
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
|
b.
|
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
|
c.
|
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and
|
d.
|
Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
|
5.
|
The registrant's other certifying officer and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
|
a.
|
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
|
b.
|
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
|