Holding Performance

1%-0% 2%-1% 3%-2% 4%-3% 5%-4% 6%-5%
Top 25 Holdings Portfolio Weight % Shares Owned Shares Change   Sector Mkt Cap (Mil) Total Ret YTD (Daily)  
Texas St Tpk Auth 1.50 24,500,000 0 --- 15.17 --
New Jersey Econ Dev Auth 1.49 15,000,000 15,000,000 --- 15.01 --
Irvine Calif Uni Sch Dist 1.35 13,600,000 0 --- 13.60 --
North Tex Twy Auth 1.24 25,000,000 0 --- 12.53 --
Philadelphia Pa Go Ref Bd 5.25% 1.19 10,750,000 0 --- 12.04 --
Denver Colo Pub Schs Ctfs Part Var Ref C 1.10 11,138,000 0 --- 11.14 --
Washington St Pub Pwr Sply S Pub 7.125% 0.98 8,200,000 0 --- 9.90 --
California Health Facs Fing Au Rev Bds 0.96 9,700,000 0 --- 9.70 --
Battery Pk City Auth 0.94 10,000,000 10,000,000 --- 9.53 --
Illinois St Go Bds 4% 0.90 8,750,000 0 --- 9.07 --
California St Go Bds 5% 0.90 8,000,000 8,000,000 --- 9.04 --
Mississippi Busn Fin Corp Var Rev B 0.89 9,000,000 -6,000,000 --- 9.00 --
New Jersey Health Care Facs Fi Var Rate 0.89 9,000,000 0 --- 9.00 --
Santa Clara Cnty Calif Fing Au Var Rev B 0.87 8,749,000 1,249,000 --- 8.75 --
Indiana St Office Bldg Commn C Capi 7.4% 0.86 8,000,000 0 --- 8.64 --
Port Arthur Tex Nav Dist 0.85 8,545,000 8,545,000 --- 8.55 --
Bay Area Toll Auth 0.84 8,500,000 0 --- 8.50 --
Pennsylvania St Tpk Commn Tpk Subordina 0.83 8,500,000 0 --- 8.42 --
Mississippi Busn Fin Corp Var Rate 0.81 8,130,000 -11,000,000 --- 8.13 --
California Pollutn Ctl Fing Au Ref Rev B 0.78 7,902,000 2,000,000 --- 7.90 --
California St Go Bds 5% 0.72 7,000,000 0 --- 7.27 --
Puerto Rico Comwlth Pub Impt 5.5% 0.72 7,500,000 0 --- 7.25 --
New York St Engy Resh & Dev Var Rev B 0.68 8,000,000 8,000,000 --- 6.88 --
Mississippi Busn Fin Corp Var Rate 0.64 6,490,000 0 --- 6.49 --
Metropolitan Wash D C Arpts Au Rev Bds 0.63 6,500,000 0 --- 6.36 --
YTD Return through 05-21-13| Portfolio Holdings as of 03-31-13