Portfolio of Investments (Unaudited)
|
|||||
Nuveen California Select Tax-Free Income Portfolio (NXC)
|
|||||
June 30, 2011
|
|||||
Principal
|
Optional Call
|
||||
Amount (000)
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
Consumer Staples – 4.3%
|
|||||
$ 150
|
California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Sonoma
|
6/15 at 100.00
|
BBB
|
$ 140,565
|
|
County Tobacco Securitization Corporation, Series 2005, 4.250%, 6/01/21
|
|||||
1,015
|
California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Revenue
|
6/12 at 100.00
|
BBB
|
1,015,650
|
|
Bonds, Fresno County Tobacco Funding Corporation, Series 2002, 5.625%, 6/01/23
|
|||||
4,045
|
Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed
|
6/22 at 100.00
|
Baa3
|
2,602,958
|
|
Bonds, Series 2007A-2, 0.000%, 6/01/37
|
|||||
5,210
|
Total Consumer Staples
|
3,759,173
|
|||
Education and Civic Organizations – 9.4%
|
|||||
3,000
|
California Educational Facilities Authority, Revenue Bonds, Santa Clara University, Series 2008A,
|
4/18 at 100.00
|
Aa3
|
3,141,960
|
|
5.625%, 4/01/37
|
|||||
45
|
California Educational Facilities Authority, Revenue Bonds, University of Redlands, Series 2005A,
|
10/15 at 100.00
|
A3
|
40,046
|
|
5.000%, 10/01/35
|
|||||
1,000
|
California Educational Facilities Authority, Revenue Bonds, University of San Diego, Series 2002A,
|
10/12 at 100.00
|
A2
|
1,009,730
|
|
5.500%, 10/01/32
|
|||||
California Educational Facilities Authority, Revenue Bonds, University of the Pacific, Series 2006:
|
|||||
35
|
5.000%, 11/01/21
|
11/15 at 100.00
|
A2
|
36,482
|
|
45
|
5.000%, 11/01/25
|
11/15 at 100.00
|
A2
|
45,707
|
|
3,000
|
California Infrastructure Economic Development Bank, Revenue Bonds, J. David Gladstone
|
10/11 at 101.00
|
A–
|
3,044,580
|
|
Institutes, Series 2001, 5.500%, 10/01/19
|
|||||
1,000
|
Long Beach Bond Financing Authority, California, Lease Revenue Refunding Bonds, Long Beach
|
11/11 at 101.00
|
BBB
|
928,260
|
|
Aquarium of the South Pacific, Series 2001, 5.250%, 11/01/30 – AMBAC Insured
|
|||||
8,125
|
Total Education and Civic Organizations
|
8,246,765
|
|||
Health Care – 12.0%
|
|||||
110
|
California Health Facilities Financing Authority, Revenue Bonds, Kaiser Permanante System,
|
4/16 at 100.00
|
A+
|
102,035
|
|
Series 2006, 5.000%, 4/01/37
|
|||||
2,550
|
California Health Facilities Financing Authority, Revenue Bonds, Sutter Health, Series 2007A,
|
11/16 at 100.00
|
AA–
|
2,438,693
|
|
5.250%, 11/15/46 (UB)
|
|||||
1,500
|
California Statewide Community Development Authority, Hospital Revenue Bonds, Monterey
|
6/13 at 100.00
|
AA+
|
1,591,440
|
|
Peninsula Hospital, Series 2003B, 5.250%, 6/01/18 – AGM Insured
|
|||||
1,500
|
California Statewide Community Development Authority, Insured Mortgage Hospital Revenue Bonds,
|
11/11 at 100.00
|
A–
|
1,500,750
|
|
Mission Community Hospital, Series 2001, 5.375%, 11/01/26
|
|||||
545
|
California Statewide Community Development Authority, Revenue Bonds, Kaiser Permanente System,
|
8/16 at 100.00
|
A+
|
544,302
|
|
Series 2001C, 5.250%, 8/01/31
|
|||||
1,880
|
California Statewide Community Development Authority, Revenue Bonds, Los Angeles Orthopaedic
|
12/11 at 100.00
|
BBB+
|
1,882,632
|
|
Hospital Foundation, Series 2000, 5.500%, 6/01/17 – AMBAC Insured
|
|||||
540
|
Loma Linda, California, Hospital Revenue Bonds, Loma Linda University Medical Center, Series
|
12/17 at 100.00
|
BBB
|
588,616
|
|
2008A, 8.250%, 12/01/38
|
|||||
1,100
|
Palomar Pomerado Health Care District, California, Certificates of Participation, Series 2010,
|
11/20 at 100.00
|
Baa3
|
995,280
|
|
6.000%, 11/01/41
|
|||||
800
|
Upland, California, Certificates of Participation, San Antonio Community Hospital, Series
|
1/21 at 100.00
|
A
|
816,464
|
|
2011, 6.500%, 1/01/41
|
|||||
10,525
|
Total Health Care
|
10,460,212
|
|||
Housing/Multifamily – 1.3%
|
|||||
380
|
California Municipal Finance Authority, Mobile Home Park Revenue Bonds, Caritas Projects
|
8/20 at 100.00
|
BBB–
|
357,884
|
|
Series 2010A, 6.400%, 8/15/45
|
|||||
750
|
California Statewide Community Development Authority, Student Housing Revenue Bonds, EAH –
|
8/12 at 100.00
|
Baa1
|
751,680
|
|
Irvine East Campus Apartments, LLC Project, Series 2002A, 5.500%, 8/01/22 – ACA Insured
|
|||||
1,130
|
Total Housing/Multifamily
|
1,109,564
|
|||
Housing/Single Family – 0.1%
|
|||||
75
|
California Housing Finance Agency, Home Mortgage Revenue Bonds, Series 2006H, 5.750%,
|
2/16 at 100.00
|
Baa1
|
75,983
|
|
8/01/30 – FGIC Insured (Alternative Minimum Tax)
|
|||||
Industrials – 1.2%
|
|||||
1,015
|
California Pollution Control Financing Authority, Solid Waste Disposal Revenue Bonds, Republic
|
No Opt. Call
|
BBB
|
1,086,172
|
|
Services Inc., Series 2002C, 5.250%, 6/01/23 (Mandatory put 12/01/17) (Alternative Minimum Tax)
|
|||||
Long-Term Care – 2.8%
|
|||||
1,500
|
ABAG Finance Authority for Non-Profit Corporations, California, Insured Senior Living Revenue
|
11/12 at 100.00
|
A–
|
1,508,820
|
|
Bonds, Odd Fellows Home of California, Series 2003A, 5.200%, 11/15/22
|
|||||
1,000
|
California Statewide Communities Development Authority, Revenue Bonds, Inland Regional Center
|
12/17 at 100.00
|
Baa1
|
941,200
|
|
Project, Series 2007, 5.250%, 12/01/27
|
|||||
2,500
|
Total Long-Term Care
|
2,450,020
|
|||
Tax Obligation/General – 28.5%
|
|||||
750
|
California State, General Obligation Bonds, Series 2004, 5.000%, 2/01/23
|
2/14 at 100.00
|
A1
|
779,183
|
|
1,650
|
California State, General Obligation Bonds, Various Purpose Series 2009, 5.500%, 11/01/39
|
11/19 at 100.00
|
A1
|
1,692,554
|
|
6,225
|
Escondido Union High School District, San Diego County, California, General Obligation
|
No Opt. Call
|
AA+
|
1,203,293
|
|
Refunding Bonds, Series 2009, 0.000%, 8/01/36 – AGM Insured
|
|||||
1,000
|
Fremont Unified School District, Alameda County, California, General Obligation Bonds, Series
|
8/12 at 101.00
|
Aa2
|
1,047,360
|
|
2002A, 5.000%, 8/01/21 – FGIC Insured
|
|||||
Golden West Schools Financing Authority, California, General Obligation Revenue Refunding
|
|||||
Bonds, School District Program, Series 1999A:
|
|||||
4,650
|
0.000%, 8/01/16 – NPFG Insured
|
No Opt. Call
|
AAA
|
3,728,648
|
|
1,750
|
0.000%, 2/01/17 – NPFG Insured
|
No Opt. Call
|
AAA
|
1,334,988
|
|
2,375
|
0.000%, 8/01/17 – NPFG Insured
|
No Opt. Call
|
AAA
|
1,758,973
|
|
2,345
|
0.000%, 2/01/18 – NPFG Insured
|
No Opt. Call
|
AAA
|
1,672,712
|
|
Mountain View-Los Altos Union High School District, Santa Clara County, California, General
|
|||||
Obligation Capital Appreciation Bonds, Series 1997C:
|
|||||
1,015
|
0.000%, 5/01/17 – NPFG Insured
|
No Opt. Call
|
Aa1
|
816,395
|
|
1,080
|
0.000%, 5/01/18 – NPFG Insured
|
No Opt. Call
|
Aa1
|
815,432
|
|
100
|
Roseville Joint Union High School District, Placer County, California, General Obligation
|
8/15 at 100.00
|
AA–
|
102,124
|
|
Bonds, Series 2006B, 5.000%, 8/01/27 – FGIC Insured
|
|||||
3,220
|
Sacramento City Unified School District, Sacramento County, California, General Obligation
|
7/15 at 100.00
|
Aa3
|
3,287,233
|
|
Bonds, Series 2005, 5.000%, 7/01/27 – NPFG Insured
|
|||||
8,075
|
San Bernardino Community College District, California, General Obligation Bonds, Election of
|
No Opt. Call
|
Aa2
|
834,228
|
|
2008 Series 2009B, 0.000%, 8/01/44
|
|||||
1,500
|
San Diego Unified School District, San Diego County, California, General Obligation Bonds,
|
7/13 at 101.00
|
AA+
|
1,645,065
|
|
Series 2003E, 5.250%, 7/01/24 – AGM Insured
|
|||||
2,565
|
Sunnyvale School District, Santa Clara County, California, General Obligation Bonds, Series
|
9/15 at 100.00
|
AA+
|
2,661,957
|
|
2005A, 5.000%, 9/01/26 – AGM Insured
|
|||||
4,250
|
West Hills Community College District, California, General Obligation Bonds, School Facilities
|
8/31 at 100.00
|
AA+
|
1,548,913
|
|
Improvement District 3, 2008 Election Series 2011, 0.000%, 8/01/38 – AGM Insured
|
|||||
42,550
|
Total Tax Obligation/General
|
24,929,058
|
|||
Tax Obligation/Limited – 19.6%
|
|||||
1,000
|
Bell Community Redevelopment Agency, California, Tax Allocation Bonds, Bell Project Area,
|
10/13 at 100.00
|
N/R
|
775,730
|
|
Series 2003, 5.625%, 10/01/33 – RAAI Insured
|
|||||
3,500
|
California State Public Works Board, Lease Revenue Bonds, Department of Corrections,
|
No Opt. Call
|
A2
|
3,898,297
|
|
Calipatria State Prison, Series 1991A, 6.500%, 9/01/17 – NPFG Insured
|
|||||
1,000
|
California State Public Works Board, Lease Revenue Bonds, Department of Mental Health,
|
6/14 at 100.00
|
A2
|
1,017,180
|
|
Coalinga State Hospital, Series 2004A, 5.500%, 6/01/23
|
|||||
1,500
|
California State Public Works Board, Lease Revenue Bonds, Various Capital Projects, Series
|
11/19 at 100.00
|
A2
|
1,582,575
|
|
2009I-1, 6.375%, 11/01/34
|
|||||
120
|
Capistrano Unified School District, Orange County, California, Special Tax Bonds, Community
|
9/15 at 100.00
|
BBB
|
115,618
|
|
Facilities District, Series 2005, 5.000%, 9/01/24 – FGIC Insured
|
|||||
360
|
Chino Redevelopment Agency, California, Merged Chino Redevelopment Project Area Tax Allocation
|
9/16 at 101.00
|
A–
|
295,639
|
|
Bonds, Series 2006, 5.000%, 9/01/38 – AMBAC Insured
|
|||||
1,000
|
Fontana Public Financing Authority, California, Tax Allocation Revenue Bonds, North Fontana
|
10/15 at 100.00
|
A
|
866,120
|
|
Redevelopment Project, Series 2005A, 5.000%, 10/01/32 – AMBAC Insured
|
|||||
Irvine, California, Unified School District, Community Facilities District Special Tax Bonds,
|
|||||
Series 2006A:
|
|||||
55
|
5.000%, 9/01/26
|
9/16 at 100.00
|
N/R
|
51,280
|
|
130
|
5.125%, 9/01/36
|
9/16 at 100.00
|
N/R
|
113,489
|
|
215
|
Los Angeles Community Redevelopment Agency, California, Lease Revenue Bonds, Manchester
|
9/15 at 100.00
|
A1
|
183,883
|
|
Social Services Project, Series 2005, 5.000%, 9/01/37 – AMBAC Insured
|
|||||
135
|
National City Community Development Commission, San Diego County, California, Redevelopment
|
8/21 at 100.00
|
A–
|
137,994
|
|
Project Tax Allocation Bonds, Series 2011, 6.500%, 8/01/24
|
|||||
50
|
Novato Redevelopment Agency, California, Tax Allocation Bonds, Hamilton Field Redevelopment
|
9/21 at 100.00
|
A–
|
51,175
|
|
Project, Series 2011, 6.750%, 9/01/40
|
|||||
1,300
|
Orange County, California, Special Tax Bonds, Community Facilities District 03-1 of Ladera
|
8/12 at 101.00
|
N/R
|
1,237,015
|
|
Ranch, Series 2004A, 5.625%, 8/15/34
|
|||||
105
|
Rialto Redevelopment Agency, California, Tax Allocation Bonds, Merged Project Area, Series
|
9/15 at 100.00
|
A–
|
87,313
|
|
2005A, 5.000%, 9/01/35 – SYNCORA GTY Insured
|
|||||
30
|
Riverside County, California, Redevelopment Agency Jurupa Valley Project Area 2011 Tax Allocation
|
10/21 at 100.00
|
A–
|
30,490
|
|
Bonds Series B, 6.500%, 10/01/25
|
|||||
130
|
Roseville, California, Certificates of Participation, Public Facilities, Series 2003A, 5.000%,
|
8/13 at 100.00
|
AA–
|
130,109
|
|
8/01/25 – AMBAC Insured
|
|||||
605
|
Sacramento City Financing Authority, California, Lease Revenue Refunding Bonds, Series 1993A,
|
No Opt. Call
|
A1
|
641,548
|
|
5.400%, 11/01/20 – NPFG Insured
|
|||||
25
|
San Francisco Redevelopment Finance Authority, California, Tax Allocation Revenue Bonds,
|
2/21 at 100.00
|
A–
|
25,815
|
|
Mission Bay North Redevelopment Project, Series 2011C, 6.750%, 8/01/41
|
|||||
San Francisco Redevelopment Financing Authority, California, Tax Allocation Revenue Bonds,
|
|||||
Mission Bay South Redevelopment Project, Series 2011D:
|
|||||
25
|
7.000%, 8/01/33
|
2/21 at 100.00
|
BBB
|
25,844
|
|
30
|
7.000%, 8/01/41
|
2/21 at 100.00
|
BBB
|
30,905
|
|
3,000
|
San Mateo County Transit District, California, Sales Tax Revenue Bonds, Series 2005A, 5.000%,
|
6/15 at 100.00
|
AA
|
3,299,399
|
|
6/01/21 – NPFG Insured
|
|||||
225
|
San Mateo Union High School District, San Mateo County, California, Certificates of
|
12/17 at 100.00
|
AA–
|
213,329
|
|
Participation, Phase 1, Series 2007A, 5.000%, 12/15/30 – AMBAC Insured
|
|||||
1,000
|
Santa Clara County Board of Education, California, Certificates of Participation, Series 2002,
|
4/12 at 101.00
|
Baa1
|
925,700
|
|
5.000%, 4/01/25 – NPFG Insured
|
|||||
40
|
Signal Hill Redevelopment Agency, California, Project 1 Tax Allocation Bonds, Series 2011,
|
4/21 at 100.00
|
N/R
|
39,698
|
|
7.000%, 10/01/26
|
|||||
1,000
|
Travis Unified School District, Solano County, California, Certificates of Participation,
|
9/16 at 100.00
|
N/R
|
861,790
|
|
Series 2006, 5.000%, 9/01/26 – FGIC Insured
|
|||||
360
|
Turlock Public Financing Authority, California, Tax Allocation Revenue Bonds, Series 2011,
|
3/21 at 100.00
|
BBB+
|
372,262
|
|
7.500%, 9/01/39
|
|||||
70
|
Yorba Linda Redevelopment Agency, Orange County, California, Tax Allocation Revenue Bonds,
|
9/21 at 100.00
|
A–
|
71,005
|
|
Yorba Linda Redevelopment Project, Subordinate Lien Series 2011A, 6.500%, 9/01/32
|
|||||
17,010
|
Total Tax Obligation/Limited
|
17,081,202
|
|||
Transportation – 5.0%
|
|||||
1,150
|
Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Series
|
1/12 at 100.00
|
BBB–
|
919,057
|
|
1995A, 5.000%, 1/01/35
|
|||||
3,000
|
Los Angeles Harbors Department, California, Revenue Refunding Bonds, Series 2001B, 5.500%,
|
8/11 at 100.00
|
AA
|
3,009,720
|
|
8/01/17 – AMBAC Insured (Alternative Minimum Tax)
|
|||||
445
|
San Francisco Airports Commission, California, Revenue Bonds, San Francisco International
|
9/11 at 100.00
|
A+
|
422,323
|
|
Airport, Second Series 1999, Issue 23A, 5.000%, 5/01/30 – FGIC Insured (Alternative
|
|||||
Minimum Tax)
|
|||||
4,595
|
Total Transportation
|
4,351,100
|
|||
U.S. Guaranteed – 7.0% (4)
|
|||||
2,000
|
California Infrastructure Economic Development Bank, Revenue Bonds, Kaiser Hospital Assistance
|
8/11 at 100.00
|
A+ (4)
|
2,009,240
|
|
LLC, Series 2001A, 5.550%, 8/01/31 (Pre-refunded 8/01/11)
|
|||||
800
|
California State, General Obligation Bonds, Series 2004, 5.125%, 2/01/27 (Pre-refunded 2/01/14)
|
2/14 at 100.00
|
AAA
|
892,968
|
|
2,000
|
North Orange County Community College District, California, General Obligation Bonds, Series
|
8/12 at 101.00
|
AA (4)
|
2,116,600
|
|
2002A, 5.000%, 8/01/22 (Pre-refunded 8/01/12) – NPFG Insured
|
|||||
1,000
|
Port of Oakland, California, Revenue Bonds, Series 2002M, 5.250%, 11/01/20 (Pre-refunded
|
11/12 at 100.00
|
A (4)
|
1,065,840
|
|
11/01/12) – FGIC Insured
|
|||||
5,800
|
Total U.S. Guaranteed
|
6,084,648
|
|||
Utilities – 6.7%
|
|||||
1,000
|
Imperial Irrigation District, California, Electric System Revenue Bonds, Refunding Series
|
11/20 at 100.00
|
AA–
|
1,029,720
|
|
2011A, 5.500%, 11/01/41
|
|||||
645
|
Long Beach Bond Finance Authority, California, Natural Gas Purchase Revenue Bonds, Series
|
No Opt. Call
|
A
|
607,377
|
|
2007A, 5.500%, 11/15/37
|
|||||
200
|
Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Series
|
7/13 at 100.00
|
AA–
|
211,490
|
|
2003A-2, 5.000%, 7/01/21 – NPFG Insured
|
|||||
7,600
|
Merced Irrigation District, California, Certificates of Participation, Water and Hydroelectric
|
9/16 at 64.56
|
A
|
3,565,843
|
|
Series 2008B, 0.000%, 9/01/23
|
|||||
215
|
Merced Irrigation District, California, Electric System Revenue Bonds, Series 2005, 5.125%,
|
9/15 at 100.00
|
N/R
|
188,136
|
|
9/01/31 – SYNCORA GTY Insured
|
|||||
275
|
Turlock Irrigation District, California, Revenue Refunding Bonds, Series 1992A, 6.250%,
|
No Opt. Call
|
A1
|
280,335
|
|
1/01/12 – NPFG Insured
|
|||||
9,935
|
Total Utilities
|
5,882,901
|
|||
Water and Sewer – 2.5%
|
|||||
150
|
Healdsburg Public Financing Authority, California, Wastewater Revenue Bonds, Series 2006,
|
4/16 at 100.00
|
AA–
|
145,940
|
|
5.000%, 4/01/36 – NPFG Insured
|
|||||
250
|
Sacramento County Sanitation District Financing Authority, California, Revenue Bonds, Series
|
6/16 at 100.00
|
AA
|
255,175
|
|
2006, 5.000%, 12/01/31 – FGIC Insured
|
|||||
825
|
South Feather Water and Power Agency, California, Water Revenue Certificates of Participation,
|
4/13 at 100.00
|
A
|
827,731
|
|
Solar Photovoltaic Project, Series 2003, 5.375%, 4/01/24
|
|||||
1,000
|
Woodbridge Irrigation District, California, Certificates of Participation, Water Systems
|
7/13 at 100.00
|
A+
|
955,110
|
|
Project, Series 2003, 5.625%, 7/01/43
|
|||||
2,225
|
Total Water and Sewer
|
2,183,956
|
|||
$ 110,695
|
Total Investments (cost $87,584,421) – 100.4%
|
87,700,754
|
|||
Floating Rate Obligations – (1.8)%
|
(1,540,000)
|
||||
Other Assets Less Liabilities – 1.4%
|
1,180,168
|
||||
Net Assets – 100%
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$ 87,340,922
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Level 1
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Level 2
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Level 3
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Total
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Investments:
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Municipal Bonds
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$ | — | $ | 87,700,754 | $ | — | $ | 87,700,754 |
Gross unrealized:
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Appreciation
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$ | 2,690,502 | |
Depreciation
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(2,570,221 | ) | |
Net unrealized appreciation (depreciation) of investments
|
$ | 120,281 |
(1)
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All percentages shown in the Portfolio of Investments are based on net assets.
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(2)
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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.
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(3)
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Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investor Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. 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.
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(4)
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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. Such investments are normally considered to be equivalent to AAA rated securities.
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N/R
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Not rated.
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(UB)
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Underlying bond of an inverse floating rate trust reflected as a financing transaction.
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a.
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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)).
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b.
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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.
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