|
|
|
|
|
|
|
|
Portfolio of Investments (Unaudited)
|
|
|
|
|
|
Nuveen Insured New York Tax-Free Advantage Municipal Fund (NRK)
|
|
|
|
|
|
December 31, 2010
|
|
|
|
Principal
|
|
|
Optional Call
|
|
|
Amount (000)
|
|
Description (1)
|
Provisions (2)
|
Ratings (3)
|
Value
|
|
|
Consumer Staples – 3.2% (2.1% of Total Investments)
|
|
|
|
$ 1,500
|
|
New York Counties Tobacco Trust III, Tobacco Settlement Pass-Through Bonds, Series 2003,
|
6/13 at 100.00
|
BBB
|
$ 1,358,265
|
|
|
5.750%, 6/01/33
|
|
|
|
290
|
|
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds,
|
5/12 at 100.00
|
BBB
|
272,571
|
|
|
Series 2002, 5.375%, 5/15/33
|
|
|
|
1,790
|
|
Total Consumer Staples
|
|
|
1,630,836
|
|
|
Education and Civic Organizations – 23.3% (15.1% of Total Investments)
|
|
|
|
2,000
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Long Island University,
|
9/12 at 100.00
|
Baa3
|
1,833,880
|
|
|
Series 2003A, 5.000%, 9/01/32 – RAAI Insured
|
|
|
|
2,000
|
|
Dormitory Authority of the State of New York, Insured Revenue Bonds, Mount Sinai School of
|
No Opt. Call
|
A–
|
2,002,700
|
|
|
Medicine, Series 1994A, 5.150%, 7/01/24 – NPFG Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
No Opt. Call
|
Aa2
|
1,072,660
|
|
|
Facilities, Series 2003B, 5.250%, 7/01/32 (Mandatory put 7/01/13) – SYNCORA GTY Insured
|
|
|
|
410
|
|
Dormitory Authority of the State of New York, Lease Revenue Bonds, State University Dormitory
|
7/16 at 100.00
|
Aa2
|
410,976
|
|
|
Facilities, Series 2006A, 5.000%, 7/01/31 – NPFG Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Barnard College, Series 2007A,
|
7/17 at 100.00
|
BBB
|
1,017,200
|
|
|
5.000%, 7/01/25 – FGIC Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Mount St. Mary College, Series
|
7/13 at 100.00
|
N/R
|
891,160
|
|
|
2003, 5.000%, 7/01/32 – RAAI Insured
|
|
|
|
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Rochester Institute of
|
|
|
|
|
|
Technology, Series 2006A:
|
|
|
|
100
|
|
5.250%, 7/01/20 – AMBAC Insured
|
No Opt. Call
|
A1
|
109,592
|
80
|
|
5.250%, 7/01/21 – AMBAC Insured
|
No Opt. Call
|
A1
|
86,790
|
225
|
|
Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Colgate
|
No Opt. Call
|
AA+
|
226,904
|
|
|
University, Tender Option Bond Trust 3127, 12.656%, 1/01/14 – AMBAC Insured (IF)
|
|
|
|
300
|
|
New York City Industrial Development Agency, New York, Payment in Lieu of Taxes Revenue Bonds,
|
1/19 at 100.00
|
AA+
|
319,284
|
|
|
Queens Baseball Stadium Project, Series 2009, 6.125%, 1/01/29 – AGC Insured
|
|
|
|
495
|
|
New York City Industrial Development Agency, New York, Revenue Bonds, Yankee Stadium Project
|
3/19 at 100.00
|
AA+
|
545,292
|
|
|
PILOT, Series 2009A, 7.000%, 3/01/49 – AGC Insured
|
|
|
|
|
|
New York City Industrial Development Authority, New York, PILOT Revenue Bonds, Yankee Stadium
|
|
|
|
|
|
Project, Series 2006:
|
|
|
|
170
|
|
5.000%, 3/01/31 – FGIC Insured
|
9/16 at 100.00
|
BBB–
|
162,097
|
1,425
|
|
5.000%, 3/01/36 – NPFG Insured
|
9/16 at 100.00
|
Baa1
|
1,300,398
|
840
|
|
4.500%, 3/01/39 – FGIC Insured
|
9/16 at 100.00
|
BBB–
|
695,537
|
1,000
|
|
New York City Trust for Cultural Resources, New York, Revenue Bonds, American Museum of
|
7/14 at 100.00
|
AA
|
993,580
|
|
|
Natural History, Series 2004A, 5.000%, 7/01/36 – NPFG Insured
|
|
|
|
12,045
|
|
Total Education and Civic Organizations
|
|
|
11,668,050
|
|
|
Health Care – 22.1% (14.3% of Total Investments)
|
|
|
|
2,000
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds,
|
2/13 at 100.00
|
Baa1
|
1,915,600
|
|
|
Lutheran Medical Center, Series 2003, 5.000%, 8/01/31 – NPFG Insured
|
|
|
|
3,000
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Hospital Revenue Bonds, St.
|
8/12 at 100.00
|
N/R
|
2,875,140
|
|
|
Barnabas Hospital, Series 2002A, 5.000%, 2/01/31 – AMBAC Insured
|
|
|
|
335
|
|
Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Hudson
|
8/17 at 100.00
|
AA+
|
342,749
|
|
|
Valley Hospital Center, Series 2007, 5.000%, 8/15/27 – AGM Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, FHA-Insured Revenue Bonds, Montefiore Medical
|
2/15 at 100.00
|
BBB
|
1,021,190
|
|
|
Center, Series 2005, 5.000%, 2/01/22 – FGIC Insured
|
|
|
|
255
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Health Quest System Inc., Series
|
7/17 at 100.00
|
AA+
|
248,156
|
|
|
2007B, 5.125%, 7/01/37 – AGC Insured
|
|
|
|
25
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan-Kettering Cancer
|
7/13 at 100.00
|
AA
|
25,801
|
|
|
Center, Series 2003-1, 5.000%, 7/01/21 – NPFG Insured
|
|
|
|
790
|
|
Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian
|
8/14 at 100.00
|
AA+
|
851,739
|
|
|
Hospital, Series 2004A, 5.250%, 8/15/15 – AGM Insured
|
|
|
|
750
|
|
Dormitory Authority of the State of New York, Revenue Bonds, South Nassau Communities
|
7/13 at 100.00
|
Baa1
|
754,163
|
|
|
Hospital, Series 2003B, 5.500%, 7/01/23
|
|
|
|
305
|
|
Dormitory Authority of the State of New York, Revenue Bonds, The New York and Presbyterian
|
8/14 at 100.00
|
AA+
|
297,454
|
|
|
Hospital Project, Series 2007, 5.000%, 8/15/36 – AGM Insured
|
|
|
|
2,640
|
|
New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds, Series
|
2/13 at 100.00
|
Aa3
|
2,710,277
|
|
|
2003A, 5.250%, 2/15/21 – AMBAC Insured
|
|
|
|
11,100
|
|
Total Health Care
|
|
|
11,042,269
|
|
|
Long-Term Care – 3.7% (2.4% of Total Investments)
|
|
|
|
1,500
|
|
Dormitory Authority of the State of New York, FHA-Insured Nursing Home Mortgage Revenue Bonds,
|
8/11 at 105.00
|
Baa1
|
1,553,595
|
|
|
Norwegian Christian Home and Health Center, Series 2001, 6.100%, 8/01/41 – NPFG Insured
|
|
|
|
300
|
|
Dormitory Authority of the State of New York, GNMA Collateralized Revenue Bonds, Cabrini of
|
2/17 at 103.00
|
A–
|
280,671
|
|
|
Westchester Project, Series 2006, 5.200%, 2/15/41
|
|
|
|
1,800
|
|
Total Long-Term Care
|
|
|
1,834,266
|
|
|
Tax Obligation/General – 3.2% (2.1% of Total Investments)
|
|
|
|
1,000
|
|
Nassau County, New York, General Obligation Bonds, General Improvement Series 2009C, 5.000%,
|
10/19 at 100.00
|
AA+
|
1,028,840
|
|
|
10/01/29 – AGC Insured
|
|
|
|
50
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 1998H, 5.125%, 8/01/25 –
|
2/11 at 100.00
|
AA
|
50,127
|
|
|
NPFG Insured
|
|
|
|
225
|
|
New York City, New York, General Obligation Bonds, Fiscal Series 2006C, 5.000%, 8/01/16 –
|
8/15 at 100.00
|
AA+
|
251,102
|
|
|
AGM Insured
|
|
|
|
250
|
|
New York City, New York, General Obligation Bonds, 5.000%, 11/01/19 – AGM Insured (UB)
|
11/14 at 100.00
|
AA+
|
266,968
|
1,525
|
|
Total Tax Obligation/General
|
|
|
1,597,037
|
|
|
Tax Obligation/Limited – 44.1% (28.5% of Total Investments)
|
|
|
|
2,695
|
|
Buffalo Fiscal Stability Authority, New York, Sales Tax Revenue State Aid Secured Bonds,
|
No Opt. Call
|
Aa1
|
2,891,735
|
|
|
Series 2004A, 5.250%, 8/15/12 – NPFG Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Master Lease Program Revenue Bonds, Nassau
|
8/19 at 100.00
|
AA+
|
1,011,120
|
|
|
County Board of Cooperative Educational Services, Series 2009A, 5.000%, 8/15/28 – AGC Insured
|
|
|
|
3,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing
|
10/12 at 100.00
|
A+
|
3,091,350
|
|
|
Program, Series 2002D, 5.250%, 10/01/23 – NPFG Insured
|
|
|
|
1,000
|
|
Dormitory Authority of the State of New York, Revenue Bonds, School Districts Financing
|
10/19 at 100.00
|
AA+
|
1,036,960
|
|
|
Program, Series 2009A, 5.625%, 10/01/29 – AGC Insured
|
|
|
|
340
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
5/18 at 100.00
|
AA+
|
370,593
|
|
|
City School District Project, Series 2008A, 5.750%, 5/01/27 – AGM Insured (UB)
|
|
|
|
1,085
|
|
Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo
|
5/17 at 100.00
|
AA+
|
1,166,679
|
|
|
City School District, Series 2007A, 5.750%, 5/01/28 – AGM Insured (UB)
|
|
|
|
2,055
|
|
Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A, 5.000%,
|
2/17 at 100.00
|
A
|
1,858,768
|
|
|
2/15/47 – FGIC Insured
|
|
|
|
1,000
|
|
Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,
|
7/12 at 100.00
|
AA–
|
1,001,430
|
|
|
Series 2002A, 5.000%, 7/01/25 – FGIC Insured
|
|
|
|
560
|
|
Monroe Newpower Corporation, New York, Power Facilities Revenue Bonds, Series 2003,
|
1/13 at 102.00
|
BBB
|
497,409
|
|
|
5.500%, 1/01/34
|
|
|
|
|
|
New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local
|
|
|
|
|
|
Government Assistance Corporation, Series 2004A:
|
|
|
|
610
|
|
5.000%, 10/15/25 – NPFG Insured (UB)
|
10/14 at 100.00
|
AAA
|
629,959
|
555
|
|
5.000%, 10/15/26 – NPFG Insured (UB)
|
10/14 at 100.00
|
AAA
|
568,842
|
740
|
|
New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal
|
1/17 at 100.00
|
AA–
|
749,405
|
|
|
Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured
|
|
|
|
2,000
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Refunding Bonds,
|
2/13 at 100.00
|
AAA
|
2,109,940
|
|
|
Fiscal Series 2003D, 5.000%, 2/01/22 – NPFG Insured
|
|
|
|
280
|
|
New York Convention Center Development Corporation, Hotel Fee Revenue Bonds, Tender Option
|
11/15 at 100.00
|
AA+
|
279,269
|
|
|
Bonds Trust 3095, 13.165%, 11/15/44 – AMBAC Insured (IF)
|
|
|
|
1,290
|
|
New York State Environmental Facilities Corporation, State Personal Income Tax Revenue Bonds,
|
1/13 at 100.00
|
AAA
|
1,350,062
|
|
|
Series 2002A, 5.000%, 1/01/23 – FGIC Insured
|
|
|
|
950
|
|
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second General, Series
|
No Opt. Call
|
AA
|
1,093,308
|
|
|
2005B, 5.500%, 4/01/20 – AMBAC Insured
|
|
|
|
1,200
|
|
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
|
6/13 at 100.00
|
AA–
|
1,277,532
|
|
|
State Contingency Contract-Backed Bonds, Series 2003A-1, 5.250%, 6/01/20 – AMBAC Insured
|
|
|
|
750
|
|
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and
|
6/13 at 100.00
|
AA–
|
791,708
|
|
|
State Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21
|
|
|
|
295
|
|
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series
|
8/20 at 100.00
|
AA+
|
286,233
|
|
|
2010C, 5.125%, 8/01/42 – AGM Insured
|
|
|
|
21,405
|
|
Total Tax Obligation/Limited
|
|
|
22,062,302
|
|
|
Transportation – 13.7% (8.9% of Total Investments)
|
|
|
|
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2005A:
|
|
|
|
100
|
|
4.750%, 11/15/27 – NPFG Insured
|
11/15 at 100.00
|
AA+
|
97,223
|
500
|
|
4.750%, 11/15/30 – AMBAC Insured
|
11/15 at 100.00
|
A
|
479,175
|
1,000
|
|
Metropolitan Transportation Authority, New York, Transportation Revenue Refunding Bonds,
|
11/12 at 100.00
|
A
|
1,000,650
|
|
|
Series 2002A, 5.000%, 11/15/25 – FGIC Insured
|
|
|
|
140
|
|
New York State Thruway Authority, General Revenue Bonds, Refunding Series 2007H, 5.000%,
|
1/18 at 100.00
|
A+
|
143,529
|
|
|
1/01/25 – FGIC Insured
|
|
|
|
1,875
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005F, 5.000%, 1/01/20 –
|
1/15 at 100.00
|
A+
|
1,947,263
|
|
|
AMBAC Insured
|
|
|
|
3,000
|
|
New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/32 –
|
7/15 at 100.00
|
AA+
|
3,007,770
|
|
|
AGM Insured
|
|
|
|
170
|
|
Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Forty
|
8/17 at 100.00
|
AA+
|
168,626
|
|
|
Eighth Series 2008, Trust 2920, 16.944%, 8/15/32 – AGM Insured (IF)
|
|
|
|
6,785
|
|
Total Transportation
|
|
|
6,844,236
|
|
|
U.S. Guaranteed – 33.6% (21.8% of Total Investments) (4)
|
|
|
|
1,185
|
|
Dormitory Authority of the State of New York, FHA-Insured Nursing Home Mortgage Revenue Bonds,
|
2/13 at 102.00
|
Aaa
|
1,312,530
|
|
|
Shorefront Jewish Geriatric Center Inc., Series 2002, 5.200%, 2/01/32 (Pre-refunded 2/01/13)
|
|
|
|
500
|
|
Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island Jewish
|
5/13 at 100.00
|
Aaa
|
551,480
|
|
|
Group, Series 2003, 5.375%, 5/01/23 (Pre-refunded 5/01/13)
|
|
|
|
2,500
|
|
Dormitory Authority of the State of New York, Revenue Bonds, Rochester Institute of
|
7/12 at 100.00
|
A1 (4)
|
2,666,125
|
|
|
Technology, Series 2002A, 5.250%, 7/01/22 (Pre-refunded 7/01/12) – AMBAC Insured
|
|
|
|
70
|
|
Erie County Water Authority, New York, Water Revenue Bonds, Series 1990B, 6.750%, 12/01/14 –
|
No Opt. Call
|
N/R (4)
|
78,674
|
|
|
AMBAC Insured (ETM)
|
|
|
|
500
|
|
New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds, Series
|
2/12 at 100.00
|
Aaa
|
527,505
|
|
|
2002A, 5.500%, 2/15/17 (Pre-refunded 2/15/12) – AGM Insured
|
|
|
|
3,000
|
|
New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal
|
8/12 at 100.00
|
AAA
|
3,214,980
|
|
|
Series 2003C, 5.250%, 8/01/18 (Pre-refunded 8/01/12) – AMBAC Insured
|
|
|
|
3,500
|
|
New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2002B, 5.000%,
|
4/12 at 100.00
|
AAA
|
3,685,360
|
|
|
4/01/20 (Pre-refunded 4/01/12) – AMBAC Insured
|
|
|
|
500
|
|
New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, State
|
3/13 at 100.00
|
AAA
|
550,470
|
|
|
Facilities and Equipment, Series 2002C-1, 5.500%, 3/15/21 (Pre-refunded 3/15/13) –
|
|
|
|
|
|
FGIC Insured
|
|
|
|
2,000
|
|
Power Authority of the State of New York, General Revenue Bonds, Series 2002A, 5.000%,
|
11/12 at 100.00
|
Aa2 (4)
|
2,158,880
|
|
|
11/15/20 (Pre-refunded 11/15/12)
|
|
|
|
1,975
|
|
Triborough Bridge and Tunnel Authority, New York, General Purpose Revenue Bonds, Series 2002A,
|
1/12 at 100.00
|
AAA
|
2,066,719
|
|
|
5.125%, 1/01/31 (Pre-refunded 1/01/12) – NPFG Insured
|
|
|
|
15,730
|
|
Total U.S. Guaranteed
|
|
|
16,812,723
|
|
|
Utilities – 6.5% (4.2% of Total Investments)
|
|
|
|
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:
|
|
|
|
1,130
|
|
5.000%, 12/01/23 – FGIC Insured
|
6/16 at 100.00
|
A–
|
1,154,452
|
870
|
|
5.000%, 12/01/25 – FGIC Insured
|
6/16 at 100.00
|
A–
|
879,004
|
1,000
|
|
5.000%, 12/01/26 – AGC Insured
|
6/16 at 100.00
|
AA+
|
1,008,930
|
125
|
|
Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006B,
|
6/16 at 100.00
|
A–
|
117,863
|
|
|
5.000%, 12/01/35 – CIFG Insured
|
|
|
|
110
|
|
Power Authority of the State of New York, General Revenue Bonds, Series 2006A, 5.000%,
|
11/15 at 100.00
|
Aa2
|
117,450
|
|
|
11/15/19 – FGIC Insured
|
|
|
|
3,235
|
|
Total Utilities
|
|
|
3,277,699
|
|
|
Water and Sewer – 1.0% (0.6% of Total Investments)
|
|
|
|
495
|
|
New York City Municipal Water Finance Authority, New York, Water and Sewer System Revenue
|
6/16 at 100.00
|
AAA
|
491,812
|
|
|
Bonds, Series 2006B, 5.000%, 6/15/36 – NPFG Insured (UB)
|
|
|
|
$ 75,910
|
|
Total Investments (cost $76,334,229) – 154.4%
|
|
|
77,261,230
|
|
|
Floating Rate Obligations – (4.8)%
|
|
|
(2,390,000)
|
|
|
MuniFund Term Preferred Shares, at Liquidation Value – (55.3)% (5)
|
|
|
(27,680,000)
|
|
|
Other Assets Less Liabilities – 5.7%
|
|
|
2,860,947
|
|
|
Net Assets Applicable to Common Shares – 100%
|
|
|
$ 50,052,177
|