Calvert Investments - Fund Profile

Daily Performance (as of 5/20/2013)
Price	$1.00
YTD Return	0.00%
Dollar-weighted average portfolio maturity (rounded to nearest year or day)	27 Days
Dollar-weighted average life maturity (rounded to nearest year or day)	30 Days
7-Day Current Yield	0.01%
7-Day Effective Yield	0.01%

Fund Facts (as of 5/17/2013)
NASDAQ Symbol	CCIXX (I Shares)
Calvert Fund Number	707 (I Shares)
CUSIP Number	131522104 (I Shares)
Assets Under Management	$135.59 Million

Overview

Fund Management

Calvert Investment Management, Inc.

Investment Objective

The Fund is a money market fund that seeks to obtain the highest level of current income, consistent with safety, preservation of capital and liquidity that is available through investments in specified money market instruments. The Fund seeks to maintain a constant net asset value of $1.00 per share.

Investment Strategy

The Fund is designed for institutional investors who are looking for a high-quality money market portfolio. The Fund's assets are invested primarily in Top-Tier Securities, such as: high-quality short-term investments, including U.S. Government and agency or instrumentality securities; high-quality, U.S. dollar denominated international money market investments; certificates of deposit of major banks; commercial paper; eligible high-grade short-term corporate obligations, and participation interests in such obligations; repurchase agreements; reverse repurchase agreements; bankers acceptances; floating rate notes; variable-rate demand notes; and taxable municipal securities. The Fund invests in accordance with Rule 2a-7 under the Investment Company Act of 1940, as amended.

Investment Risk

Money market fund yields fluctuate and past performance is not a guarantee of future results. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. Yield quotation more closely reflects the current earnings of the money market fund than the total return quotation.

Important Disclosure

Holdings are subject to change.

Performance

Select additional indices to display below:

Benchmark Index

Lipper Category Index

Average Annual Total Returns (%) for period ending 4/30/2013
Share Class	YTD	QTD	1 yr	3 yrs	5 yrs	10 yrs	Since Inception	Inception
I Shares (No Charge)	0.00	0.00	0.01	0.03	0.54	1.87	3.02	7/1/1996

Average Annual Total Returns (%) for period ending 3/31/2013
Share Class	YTD	QTD	1 yr	3 yrs	5 yrs	10 yrs	Since Inception	Inception
I Shares (No Charge)	0.00	0.00	0.01	0.03	0.59	1.88	3.03	7/1/1996

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Index reflects no deductions for fees or expenses. An investor cannot invest directly in an index. Visit www.calvert.com to obtain performance data current to the most recent month-end. Returns for periods of less than one year are not annualized.

Portfolio Expenses and Turnover (from Prospectus) (Performance data quoted above already reflects deduction for portfolio operating expenses)
Expense Ratio (if no waiver reimbursement in effect)	Net Expense Ratio (if waiver reimbursement in effect)	Gross Expense Ratio (if waiver reimbursement in effect)	Fund Turnover
n/a	0.40%	0.41%	n/a

Hypothetical Growth of $10,000

Yearly Percentage Return

Important Disclosure

Pricing & Distribution

Historical Prices

Most Recent Distributions

I Shares: Without Sales Charge
Date	Type	Rate	Record Date	Ex Date	Reinvest Date	Reinvest Price

4/30/2013	Dividend	0.00001	4/29/2013	4/29/2013	4/29/2013	1.00
3/28/2013	Dividend	0.00001	3/27/2013	3/27/2013	3/27/2013	1.00
2/28/2013	Dividend	0.00001	2/27/2013	2/27/2013	2/27/2013	1.00
1/31/2013	Dividend	0.00001	1/30/2013	1/30/2013	1/30/2013	1.00
12/31/2012	Dividend	0.00002	12/28/2012	12/28/2012	12/28/2012	1.00
11/30/2012	Dividend	0.00001	11/29/2012	11/29/2012	11/29/2012	1.00
10/31/2012	Dividend	0.00001	10/31/2012	10/31/2012	10/31/2012	1.00
9/28/2012	Dividend	0.00001	9/27/2012	9/27/2012	9/27/2012	1.00
8/31/2012	Dividend	0.00001	8/30/2012	8/30/2012	8/30/2012	1.00
7/31/2012	Dividend	0.00001	7/30/2012	7/30/2012	7/30/2012	1.00
6/29/2012	Dividend	0.00001	6/28/2012	6/28/2012	6/28/2012	1.00
5/31/2012	Dividend	0.00001	5/30/2012	5/30/2012	5/30/2012	1.00
4/30/2012	Dividend	0.00001	4/27/2012	4/27/2012	4/27/2012	1.00
3/30/2012	Dividend	0.00001	3/29/2012	3/29/2012	3/29/2012	1.00
2/29/2012	Dividend	0.00001	2/28/2012	2/28/2012	2/28/2012	1.00
1/31/2012	Dividend	0.00001	1/30/2012	1/30/2012	1/30/2012	1.00
12/29/2011	Dividend	0.00001	12/29/2011	12/29/2011	12/29/2011	1.00
11/30/2011	Dividend	0.00001	11/29/2011	11/29/2011	11/29/2011	1.00
10/28/2011	Dividend	0.00001	10/27/2011	10/27/2011	10/27/2011	1.00
9/30/2011	Dividend	0.00001	9/29/2011	9/29/2011	9/29/2011	1.00
8/31/2011	Dividend	0.00001	8/30/2011	8/30/2011	8/30/2011	1.00
7/29/2011	Dividend	0.00001	7/28/2011	7/28/2011	7/28/2011	1.00
6/30/2011	Dividend	0.00001	6/29/2011	6/29/2011	6/29/2011	1.00
5/27/2011	Dividend	0.00001	5/26/2011	5/26/2011	5/26/2011	1.00
4/29/2011	Dividend	0.00001	4/28/2011	4/28/2011	4/28/2011	1.00
3/31/2011	Dividend	0.00001	3/30/2011	3/30/2011	3/30/2011	1.00
2/25/2011	Dividend	0.00002	2/24/2011	2/24/2011	2/24/2011	1.00
1/28/2011	Dividend	0.00004	1/27/2011	1/27/2011	1/27/2011	1.00
12/31/2010	Dividend	0.00004	12/30/2010	12/30/2010	12/30/2010	1.00
11/30/2010	Dividend	0.00004	11/29/2010	11/29/2010	11/29/2010	1.00
10/29/2010	Dividend	0.00004	10/28/2010	10/28/2010	10/28/2010	1.00
9/30/2010	Dividend	0.00004	9/29/2010	9/29/2010	9/29/2010	1.00
8/31/2010	Dividend	0.00005	8/30/2010	8/30/2010	8/30/2010	1.00
7/30/2010	Dividend	0.00006	7/29/2010	7/29/2010	7/29/2010	1.00
6/30/2010	Dividend	0.00012	6/29/2010	6/29/2010	6/29/2010	1.00
5/28/2010	Dividend	0.00011	5/27/2010	5/27/2010	5/27/2010	1.00
4/30/2010	Dividend	0.00012	4/29/2010	4/29/2010	4/29/2010	1.00
3/31/2010	Dividend	0.00010	3/30/2010	3/30/2010	3/30/2010	1.00
2/26/2010	Dividend	0.00010	2/25/2010	2/25/2010	2/25/2010	1.00
1/29/2010	Dividend	0.00014	1/28/2010	1/28/2010	1/28/2010	1.00
12/31/2009	Dividend	0.00020	12/30/2009	12/30/2009	12/30/2009	1.00
11/30/2009	Dividend	0.00019	11/27/2009	11/27/2009	11/27/2009	1.00
10/30/2009	Dividend	0.00024	10/29/2009	10/29/2009	10/29/2009	1.00
9/30/2009	Dividend	0.00027	9/29/2009	9/29/2009	9/29/2009	1.00
8/31/2009	Dividend	0.00037	8/28/2009	8/28/2009	8/28/2009	1.00
7/31/2009	Dividend	0.00044	7/30/2009	7/30/2009	7/30/2009	1.00
6/30/2009	Dividend	0.00065	6/29/2009	6/29/2009	6/29/2009	1.00
5/29/2009	Dividend	0.00074	5/28/2009	5/28/2009	5/28/2009	1.00
4/30/2009	Dividend	0.00077	4/29/2009	4/29/2009	4/29/2009	1.00
3/31/2009	Dividend	0.00082	3/30/2009	3/30/2009	3/30/2009	1.00
2/27/2009	Dividend	0.00077	2/26/2009	2/26/2009	2/26/2009	1.00
1/30/2009	Dividend	0.00114	1/29/2009	1/29/2009	1/29/2009	1.00
12/31/2008	Dividend	0.00185	12/30/2008	12/30/2008	12/30/2008	1.00
11/28/2008	Dividend	0.00224	11/26/2008	11/26/2008	11/26/2008	1.00
10/31/2008	Dividend	0.00411	10/30/2008	10/30/2008	10/30/2008	1.00
9/30/2008	Dividend	0.00303	9/29/2008	9/29/2008	9/29/2008	1.00
8/29/2008	Dividend	0.00191	8/28/2008	8/28/2008	8/28/2008	1.00
7/31/2008	Dividend	0.00203	7/30/2008	7/30/2008	7/30/2008	1.00
6/30/2008	Dividend	0.00197	6/27/2008	6/27/2008	6/27/2008	1.00
5/30/2008	Dividend	0.00203	5/29/2008	5/29/2008	5/29/2008	1.00
4/30/2008	Dividend	0.00238	4/29/2008	4/29/2008	4/29/2008	1.00
3/31/2008	Dividend	0.00265	3/28/2008	3/28/2008	3/28/2008	1.00
2/29/2008	Dividend	0.00261	2/28/2008	2/28/2008	2/28/2008	1.00
1/31/2008	Dividend	0.00395	1/30/2008	1/30/2008	1/30/2008	1.00
12/28/2007	Dividend	0.00368	12/27/2007	12/27/2007	12/27/2007	1.00
11/30/2007	Dividend	0.00375	11/29/2007	11/29/2007	11/29/2007	1.00
10/31/2007	Dividend	0.00432	10/30/2007	10/30/2007	10/30/2007	1.00
9/28/2007	Dividend	0.00388	9/27/2007	9/27/2007	9/27/2007	1.00
8/31/2007	Dividend	0.00432	8/30/2007	8/30/2007	8/30/2007	1.00
7/31/2007	Dividend	0.00447	7/30/2007	7/30/2007	7/30/2007	1.00
6/29/2007	Dividend	0.00405	6/28/2007	6/28/2007	6/28/2007	1.00
5/31/2007	Dividend	0.00433	5/30/2007	5/30/2007	5/30/2007	1.00
4/30/2007	Dividend	0.00450	4/27/2007	4/27/2007	4/27/2007	1.00
3/29/2007	Dividend	0.00406	3/28/2007	3/28/2007	3/28/2007	1.00
2/28/2007	Dividend	0.00389	2/27/2007	2/27/2007	2/27/2007	1.00
1/31/2007	Dividend	0.00460	1/30/2007	1/30/2007	1/30/2007	1.00
12/29/2006	Dividend	0.00404	12/28/2006	12/28/2006	12/28/2006	1.00
11/30/2006	Dividend	0.00414	11/29/2006	11/29/2006	11/29/2006	1.00
10/31/2006	Dividend	0.00442	10/30/2006	10/30/2006	10/30/2006	1.00
9/29/2006	Dividend	0.00400	9/28/2006	9/28/2006	9/28/2006	1.00
8/31/2006	Dividend	0.00431	8/30/2006	8/30/2006	8/30/2006	1.00
7/31/2006	Dividend	0.00425	7/28/2006	7/28/2006	7/28/2006	1.00
6/30/2006	Dividend	0.00398	6/29/2006	6/29/2006	6/29/2006	1.00
5/31/2006	Dividend	0.00425	5/30/2006	5/30/2006	5/30/2006	1.00
4/28/2006	Dividend	0.00348	4/27/2006	4/27/2006	4/27/2006	1.00
3/31/2006	Dividend	0.00372	3/30/2006	3/30/2006	3/30/2006	1.00
2/28/2006	Dividend	0.00327	2/27/2006	2/27/2006	2/27/2006	1.00
1/31/2006	Dividend	0.00362	1/30/2006	1/30/2006	1/30/2006	1.00
12/30/2005	Dividend	0.00329	12/29/2005	12/29/2005	12/29/2005	1.00
11/30/2005	Dividend	0.00316	11/29/2005	11/29/2005	11/29/2005	1.00
10/31/2005	Dividend	0.00312	10/28/2005	10/28/2005	10/28/2005	1.00
9/30/2005	Dividend	0.00287	9/29/2005	9/29/2005	9/29/2005	1.00
8/31/2005	Dividend	0.00302	8/30/2005	8/30/2005	8/30/2005	1.00
7/29/2005	Dividend	0.00251	7/28/2005	7/28/2005	7/28/2005	1.00
6/30/2005	Dividend	0.00243	6/29/2005	6/29/2005	6/29/2005	1.00
5/31/2005	Dividend	0.00250	5/27/2005	5/27/2005	5/27/2005	1.00
4/29/2005	Dividend	0.00211	4/28/2005	4/28/2005	4/28/2005	1.00
3/31/2005	Dividend	0.00210	3/30/2005	3/30/2005	3/30/2005	1.00
2/28/2005	Dividend	0.00175	2/25/2005	2/25/2005	2/25/2005	1.00
1/29/2005	Dividend	0.00176	1/28/2005	1/28/2005	1/28/2005	1.00
12/31/2004	Dividend	0.00163	12/30/2004	12/30/2004	12/30/2004	1.00
11/30/2004	Dividend	0.00142	11/29/2004	11/29/2004	11/29/2004	1.00
10/29/2004	Dividend	0.00124	10/28/2004	10/28/2004	10/28/2004	1.00
9/30/2004	Dividend	0.00119	9/29/2004	9/29/2004	9/29/2004	1.00
8/31/2004	Dividend	0.00106	8/30/2004	8/30/2004	8/30/2004	1.00
7/30/2004	Dividend	0.00092	7/29/2004	7/29/2004	7/29/2004	1.00
6/30/2004	Dividend	0.00080	6/29/2004	6/29/2004	6/29/2004	1.00
5/28/2004	Dividend	0.00064	5/27/2004	5/27/2004	5/27/2004	1.00
4/30/2004	Dividend	0.00073	4/29/2004	4/29/2004	4/29/2004	1.00
3/31/2004	Dividend	0.00075	3/30/2004	3/30/2004	3/30/2004	1.00
2/27/2004	Dividend	0.00063	2/26/2004	2/26/2004	2/26/2004	1.00
1/30/2004	Dividend	0.00074	1/29/2004	1/29/2004	1/29/2004	1.00
12/30/2003	Dividend	0.00076	12/30/2003	12/30/2003	12/30/2003	1.00
11/28/2003	Dividend	0.00066	11/26/2003	11/26/2003	11/26/2003	1.00
10/31/2003	Dividend	0.00077	10/30/2003	10/30/2003	10/30/2003	1.00
9/30/2003	Dividend	0.00083	9/29/2003	9/29/2003	9/29/2003	1.00
8/28/2003	Dividend	0.00069	8/27/2003	8/27/2003	8/27/2003	1.00
7/31/2003	Dividend	0.00076	7/30/2003	7/30/2003	7/30/2003	1.00
6/30/2003	Dividend	0.00082	6/27/2003	6/27/2003	6/27/2003	1.00
5/30/2003	Dividend	0.00094	5/29/2003	5/29/2003	5/29/2003	1.00
4/30/2003	Dividend	0.00096	4/29/2003	4/29/2003	4/29/2003	1.00
3/31/2003	Dividend	0.00096	3/28/2003	3/28/2003	3/28/2003	1.00
2/28/2003	Dividend	0.00085	2/27/2003	2/27/2003	2/27/2003	1.00
1/31/2003	Dividend	0.00107	1/30/2003	1/30/2003	1/30/2003	1.00
12/31/2002	Dividend	0.00109	12/30/2002	12/30/2002	12/30/2002	1.00
11/29/2002	Dividend	0.00119	11/27/2002	11/27/2002	11/27/2002	1.00
10/31/2002	Dividend	0.00143	10/30/2002	10/30/2002	10/30/2002	1.00
9/30/2002	Dividend	0.00130	9/27/2002	9/27/2002	9/27/2002	1.00
8/30/2002	Dividend	0.00140	8/29/2002	8/29/2002	8/29/2002	1.00
7/31/2002	Dividend	0.00151	7/30/2002	7/30/2002	7/30/2002	1.00
6/28/2002	Dividend	0.00128	6/27/2002	6/27/2002	6/27/2002	1.00
5/31/2002	Dividend	0.00154	5/30/2002	5/30/2002	5/30/2002	1.00
4/30/2002	Dividend	0.00148	4/29/2002	4/29/2002	4/29/2002	1.00
3/28/2002	Dividend	0.00142	3/27/2002	3/27/2002	3/27/2002	1.00
2/28/2002	Dividend	0.00147	2/27/2002	2/27/2002	2/27/2002	1.00
1/31/2002	Dividend	0.00169	1/30/2002	1/30/2002	1/30/2002	1.00
12/28/2001	Dividend	0.00160	12/28/2001	12/28/2001	12/28/2001	1.00
11/30/2001	Dividend	0.00192	11/29/2001	11/29/2001	11/29/2001	1.00
10/31/2001	Dividend	0.00223	10/30/2001	10/30/2001	10/30/2001	1.00
9/28/2001	Dividend	0.00222	9/27/2001	9/27/2001	9/27/2001	1.00
8/31/2001	Dividend	0.00305	8/30/2001	8/30/2001	8/30/2001	1.00
7/31/2001	Dividend	0.00322	7/31/2001	7/31/2001	7/31/2001	1.00
6/29/2001	Dividend	0.00321	6/28/2001	6/28/2001	6/28/2001	1.00
5/31/2001	Dividend	0.00380	5/30/2001	5/30/2001	5/30/2001	1.00
4/30/2001	Dividend	0.00398	4/27/2001	4/27/2001	4/27/2001	1.00
3/30/2001	Dividend	0.00434	3/29/2001	3/29/2001	3/29/2001	1.00
2/28/2001	Dividend	0.00427	2/27/2001	2/27/2001	2/27/2001	1.00
1/31/2001	Dividend	0.00558	1/30/2001	1/30/2001	1/30/2001	1.00
12/28/2000	Dividend	0.00505	12/28/2000	12/28/2000	12/28/2000	1.00
11/30/2000	Dividend	0.00520	11/29/2000	11/29/2000	11/29/2000	1.00
10/31/2000	Dividend	0.00521	10/30/2000	10/30/2000	10/30/2000	1.00
9/29/2000	Dividend	0.00500	9/28/2000	9/28/2000	9/28/2000	1.00
8/31/2000	Dividend	0.00535	8/30/2000	8/30/2000	8/30/2000	1.00
7/31/2000	Dividend	0.00498	7/28/2000	7/28/2000	7/28/2000	1.00
6/30/2000	Dividend	0.00563	6/29/2000	6/29/2000	6/29/2000	1.00
5/31/2000	Dividend	0.00459	5/30/2000	5/30/2000	5/30/2000	1.00
4/28/2000	Dividend	0.00461	4/27/2000	4/27/2000	4/27/2000	1.00
3/31/2000	Dividend	0.00537	3/30/2000	3/30/2000	3/30/2000	1.00
2/29/2000	Dividend	0.00462	2/28/2000	2/28/2000	2/28/2000	1.00
1/31/2000	Dividend	0.00485	1/28/2000	1/28/2000	1/28/2000	1.00
12/31/1999	Dividend	0.00488	12/30/1999	12/30/1999	12/30/1999	1.00
11/29/1999	Dividend	0.00460	11/29/1999	11/29/1999	11/29/1999	1.00
10/28/1999	Dividend	0.00410	10/28/1999	10/28/1999	10/28/1999	1.00
9/29/1999	Dividend	0.00425	9/29/1999	9/29/1999	9/29/1999	1.00
8/30/1999	Dividend	0.00435	8/30/1999	8/30/1999	8/30/1999	1.00
7/29/1999	Dividend	0.00399	7/29/1999	7/29/1999	7/29/1999	1.00
6/29/1999	Dividend	0.00430	6/29/1999	6/29/1999	6/29/1999	1.00
5/27/1999	Dividend	0.00365	5/27/1999	5/27/1999	5/27/1999	1.00
4/29/1999	Dividend	0.00393	4/29/1999	4/29/1999	4/29/1999	1.00
3/30/1999	Dividend	0.00426	3/30/1999	3/30/1999	3/30/1999	1.00
2/25/1999	Dividend	0.00362	2/25/1999	2/25/1999	2/25/1999	1.00
1/28/1999	Dividend	0.00372	1/28/1999	1/28/1999	1/28/1999	1.00
12/31/1998	Dividend	0.00440	12/31/1998	12/31/1998	12/31/1998	1.00
11/27/1998	Dividend	0.00398	11/27/1998	11/27/1998	11/27/1998	1.00
10/29/1998	Dividend	0.00423	10/29/1998	10/29/1998	10/29/1998	1.00
9/29/1998	Dividend	0.00437	9/29/1998	9/29/1998	9/29/1998	1.00
8/28/1998	Dividend	0.00425	8/28/1998	8/28/1998	8/28/1998	1.00
7/30/1998	Dividend	0.00456	7/30/1998	7/30/1998	7/30/1998	1.00
6/29/1998	Dividend	0.00472	6/29/1998	6/29/1998	6/29/1998	1.00
5/28/1998	Dividend	0.00428	5/28/1998	5/28/1998	5/28/1998	1.00
4/29/1998	Dividend	0.00445	4/29/1998	4/29/1998	4/29/1998	1.00
3/30/1998	Dividend	0.00473	3/30/1998	3/30/1998	3/30/1998	1.00
2/26/1998	Dividend	0.00428	2/26/1998	2/26/1998	2/26/1998	1.00
1/29/1998	Dividend	0.00432	1/29/1998	1/29/1998	1/29/1998	1.00
12/31/1997	Dividend	0.00554	12/31/1997	12/31/1997	12/31/1997	1.00
11/25/1997	Dividend	0.00384	11/25/1997	11/25/1997	11/25/1997	1.00
10/30/1997	Dividend	0.00457	10/30/1997	10/30/1997	10/30/1997	1.00
9/29/1997	Dividend	0.00474	9/29/1997	9/29/1997	9/29/1997	1.00
8/28/1997	Dividend	0.00430	8/28/1997	8/28/1997	8/28/1997	1.00
7/30/1997	Dividend	0.00462	7/30/1997	7/30/1997	7/30/1997	1.00
6/27/1997	Dividend	0.00432	6/27/1997	6/27/1997	6/27/1997	1.00
5/29/1997	Dividend	0.00448	5/29/1997	5/29/1997	5/29/1997	1.00
4/29/1997	Dividend	0.00507	4/29/1997	4/29/1997	4/29/1997	1.00
3/26/1997	Dividend	0.00386	3/26/1997	3/26/1997	3/26/1997	1.00
2/27/1997	Dividend	0.00403	2/27/1997	2/27/1997	2/27/1997	1.00
1/30/1997	Dividend	0.00437	1/30/1997	1/30/1997	1/30/1997	1.00
12/31/1996	Dividend	0.00514	12/31/1996	12/31/1996	12/31/1996	1.00
11/26/1996	Dividend	0.00387	11/26/1996	11/26/1996	11/26/1996	1.00
10/30/1996	Dividend	0.00449	10/30/1996	10/30/1996	10/30/1996	1.00
9/27/1996	Dividend	0.00421	9/27/1996	9/27/1996	9/27/1996	1.00
8/29/1996	Dividend	0.00438	8/29/1996	8/29/1996	8/29/1996	1.00
7/30/1996	Dividend	0.00420	7/30/1996	7/30/1996	7/30/1996	1.00

Holdings

Fund Holdings

To obtain the fund's most recent 12 months of publicly available filings of Form N-MFP, go here

As of 4/30/2013

Dollar-weighted average portfolio maturity (as of month end and rounded to nearest day):	30 Days
Dollar-weighted average life maturity (as of month end and rounded to nearest day):	34 Days

Government Agency Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Federal Home Loan Bank	313378HJ3	$2,000,000	9/5/2013	9/5/2013	0.28%	$2,000,323

Other Instrument
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
State Street Bank Time Deposit	85799G001	$176,117	5/1/2013	5/1/2013	0.11%	$176,117

Other Municipal Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Fulton-DeKalb Georgia Hospital Authority Revenue	360244HU4	$2,840,000	1/1/2014	1/1/2014	5.25%	$2,935,059
Fulton-DeKalb Georgia Hospital Authority Revenue	360244HW0	$2,000,000	1/1/2014	1/1/2014	5.25%	$2,066,654
Washington County Pennsylvania Hospital Authority Revenue	938592HG0	$1,300,000	7/1/2013	7/1/2013	0.45%	$1,300,000

Treasury Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
United States Treasury Notes	912828JB7	$2,000,000	5/31/2013	5/31/2013	3.50%	$2,005,482
United States Treasury Notes	912828JK7	$1,000,000	8/31/2013	8/31/2013	3.13%	$1,009,778
United States Treasury Notes	912828JQ4	$2,000,000	10/31/2013	10/31/2013	2.75%	$2,025,637
United States Treasury Notes	912828NY2	$2,000,000	9/15/2013	9/15/2013	0.75%	$2,004,097
United States Treasury Notes	912828PB0	$2,000,000	10/15/2013	10/15/2013	0.50%	$2,002,717
United States Treasury Notes	912828PQ7	$2,000,000	1/15/2014	1/15/2014	1.00%	$2,011,563
United States Treasury Notes	912828RS1	$2,000,000	11/30/2013	11/30/2013	0.25%	$2,000,380

Variable Rate Demand Note
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
2880 Stevens Creek LLC	90186QAA7	$940,000	5/1/2013	5/7/2013	0.45%	$940,000
Alameda California Public Financing Authority Revenue	010808CB7	$2,400,000	5/1/2013	5/7/2013	0.21%	$2,400,000
Albany New York IDA Civic Facilities Revenue	012440JH7	$445,000	5/2/2013	5/7/2013	1.00%	$445,000
Bayfront Regional Development Corp.	07278GAA2	$1,830,000	5/2/2013	5/7/2013	0.19%	$1,830,000
Birmingham Alabama Industrial Development Board Revenue	091015BB2	$2,630,000	5/2/2013	5/7/2013	0.28%	$2,630,000
Bochasanwasi Shree Akshar Purushottam Swaminarayan Sanstha, Inc.	09688UAB9	$175,000	5/2/2013	5/7/2013	0.21%	$175,000
Caddo Parish Industrial Development Board, Inc. Revenue	12726XAA3	$2,225,000	5/2/2013	5/7/2013	0.80%	$2,225,000
California HFA Revenue	13033KP45	$201,000	5/1/2013	5/7/2013	0.23%	$201,000
California Statewide Communities Development Authority MFH Revenue	13077VE40	$295,000	5/1/2013	5/1/2013	0.30%	$295,000
Cassia County Industrial Development Corp. Revenue	148188AB1	$4,000,000	5/2/2013	5/7/2013	0.26%	$4,000,000
Chicago Illinois GO	167486NP0	$3,200,000	5/1/2013	5/1/2013	0.21%	$3,200,000
Chicago Illinois MFH Revenue	167570GX2	$900,000	5/2/2013	5/7/2013	0.23%	$900,000
CIDC-Hudson House LLC New York Revenue	171759AA1	$1,395,000	5/1/2013	5/7/2013	0.60%	$1,395,000
Collier County Florida HFA MFH Revenue	19464HCG4	$800,000	5/1/2013	5/7/2013	0.23%	$800,000
Congress/Commons LLC	20720RAA5	$4,165,000	5/1/2013	5/7/2013	0.29%	$4,165,000
Cook County Illinois Revenue	213247BX6	$2,000,000	5/1/2013	5/7/2013	0.34%	$2,000,000
District of Columbia HFA MFH Revenue	25477PJN6	$200,000	5/2/2013	5/7/2013	0.26%	$200,000
District of Columbia Revenue	2548392N2	$110,000	5/2/2013	5/7/2013	0.19%	$110,000
Esplanade Theatres LLC	29667GAA5	$7,200,000	5/1/2013	5/1/2013	0.31%	$7,200,000
Franklin County Ohio Health Care Revenue	353180GH9	$385,000	5/2/2013	5/7/2013	0.21%	$385,000
Illinois Development Finance Authority Revenue	45188RHW2	$1,280,000	5/1/2013	5/7/2013	0.26%	$1,280,000
Illinois Finance Authority Revenue	45200BZB7	$400,000	5/1/2013	5/7/2013	0.54%	$400,000
Illinois Toll Highway Authority Revenue	452252GP8	$2,700,000	5/2/2013	5/7/2013	0.22%	$2,700,000
Iowa Finance Authority Solid Waste Disposal Revenue	46245EAP2	$500,000	5/2/2013	5/7/2013	0.30%	$500,000
Kenner Theatres LLC	489487AA6	$2,500,000	5/2/2013	5/7/2013	0.31%	$2,500,000
Lake Martin Area Alabama IDA Revenue	51015CAH2	$1,825,000	5/2/2013	5/7/2013	0.30%	$1,825,000
Massachusetts Development Finance Agency Revenue	57583WAM6	$1,750,000	5/2/2013	5/7/2013	0.32%	$1,750,000
Massachusetts Health & Educational Facilities Authority Revenue	57586ELE9	$3,515,000	5/2/2013	5/7/2013	0.19%	$3,515,000
Michigan Strategic Fund LO Revenue	594698JX1	$4,705,000	5/1/2013	5/7/2013	0.40%	$4,705,000
Mississippi Business Finance Corp. Revenue	605279FZ6	$285,000	5/2/2013	5/7/2013	0.24%	$285,000
Mississippi Business Finance Corp. Revenue	605279GF9	$2,195,000	5/2/2013	5/7/2013	0.23%	$2,195,000
Mississippi Home Corp. MFH Revenue	60535NBQ9	$200,000	5/2/2013	5/7/2013	0.27%	$200,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AS4	$255,000	5/2/2013	5/7/2013	0.20%	$255,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AX3	$395,000	5/2/2013	5/7/2013	0.22%	$395,000
Morehead Kentucky League of Cities Funding Trust Lease Program Revenue	616611AA7	$341,000	5/3/2013	5/7/2013	0.24%	$341,000
Ness Family Partners LP	64104QAA1	$4,135,000	5/1/2013	5/7/2013	0.51%	$4,135,000
Nevada Housing Division Revenue	641272FT1	$200,000	5/2/2013	5/7/2013	0.21%	$200,000
New Britain Connecticut GO Revenue	642713Y47	$800,000	5/1/2013	5/7/2013	0.27%	$800,000
New York City GO	64966JE77	$300,000	5/1/2013	5/1/2013	0.20%	$300,000
New York City Housing Development Corp. MFH Revenue	64966TAM6	$800,000	5/1/2013	5/7/2013	0.23%	$800,000
New York State HFA Revenue	64986MDU6	$100,000	5/1/2013	5/7/2013	0.17%	$100,000
New York State HFA Revenue	64986MJ22	$100,000	5/1/2013	5/7/2013	0.27%	$100,000
New York State HFA Revenue	64986MM36	$400,000	5/1/2013	5/7/2013	0.25%	$400,000
New York State MMC Corp. Revenue	60688AAA8	$2,230,000	5/1/2013	5/7/2013	0.60%	$2,230,000
Northstar Student Loan Trust II Revenue	66705GAA1	$2,908,000	5/2/2013	5/7/2013	0.19%	$2,908,000
Orange County Florida HFA MFH Revenue	684906EH9	$865,000	5/1/2013	5/7/2013	0.23%	$865,000
Osceola County Florida HFA MFH Revenue	687904CL4	$155,000	5/1/2013	5/7/2013	0.27%	$155,000
OSL Santa Rosa Fountaingrove LLC	67105QAA3	$5,000,000	5/2/2013	5/7/2013	0.20%	$5,000,000
Overseas Private Investment Corp.	690353TL1	$1,863,248	5/1/2013	5/7/2013	0.15%	$1,863,248
Overseas Private Investment Corp.	690353VS3	$4,000,000	5/1/2013	5/7/2013	0.15%	$4,000,000
Rathbone LLC	754098AA9	$1,920,000	5/2/2013	5/7/2013	0.24%	$1,920,000
Rural Electric Cooperative Grantor Trust Certificates	781681AU5	$4,695,000	5/1/2013	5/7/2013	0.23%	$4,695,000
SunAmerica Trust Revenue	86704AAA3	$204,000	5/2/2013	5/7/2013	0.60%	$204,000
Sunroad Centrum Apartments 23 LP	86771MAA5	$3,750,000	5/2/2013	5/7/2013	0.20%	$3,750,000
Tarrant County Texas Industrial Development Corp. Revenue	876398AM0	$1,000,000	5/2/2013	5/7/2013	0.34%	$1,000,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAA4	$950,000	5/1/2013	5/7/2013	0.28%	$950,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAK2	$1,900,000	5/1/2013	5/7/2013	0.23%	$1,900,000
Upper Illinois River Valley Development Authority Revenue	91588LAC6	$4,000,000	5/1/2013	5/7/2013	0.39%	$4,000,000
Utah Housing Corp. Single Family Revenue	917436MU8	$737,000	5/1/2013	5/7/2013	0.25%	$737,000
Vermont Educational & Health Buildings Financing Agency Revenue	924166BQ3	$500,000	5/1/2013	5/1/2013	0.20%	$500,000
Victorville California MFH Revenue	926431AA5	$600,000	5/1/2013	5/7/2013	0.38%	$600,000
Virginia Commonwealth University Health System Authority Revenue	92778LAE0	$2,000,000	5/1/2013	5/1/2013	0.20%	$2,000,000
Warren County Kentucky IDA Revenue	934869AA6	$2,585,000	5/2/2013	5/7/2013	0.30%	$2,585,000
Wausau Wisconsin Community Development Authority Revenue	943335AB5	$870,000	5/2/2013	5/7/2013	0.47%	$870,000

As of 3/31/2013

Dollar-weighted average portfolio maturity (as of month end and rounded to nearest day):	39 Days
Dollar-weighted average life maturity (as of month end and rounded to nearest day):	40 Days

Government Agency Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Federal Home Loan Bank	313378HJ3	$2,000,000	9/5/2013	9/5/2013	0.28%	$2,000,399

Other Instrument
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
State Street Bank Time Deposit	85799G001	$249,434	4/1/2013	4/1/2013	0.12%	$249,434

Other Municipal Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Fulton-DeKalb Hospital Authority	360244HU4	$2,840,000	1/1/2014	1/1/2014	5.25%	$2,946,699
Fulton-DeKalb Hospital Authority	360244HW0	$2,000,000	1/1/2014	1/1/2014	5.25%	$2,074,815
Washington County Pennsylvania Hospital Authority Revenue	938592HG0	$1,300,000	7/1/2013	7/1/2013	0.45%	$1,300,000

Treasury Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
United States Treasury Notes	912828JB7	$2,000,000	5/31/2013	5/31/2013	3.50%	$2,010,963
United States Treasury Notes	912828JK7	$1,000,000	8/31/2013	8/31/2013	3.13%	$1,012,182
United States Treasury Notes	912828JQ4	$2,000,000	10/31/2013	10/31/2013	2.75%	$2,029,840
United States Treasury Notes	912828NY2	$2,000,000	9/15/2013	9/15/2013	0.75%	$2,004,995
United States Treasury Notes	912828PB0	$2,000,000	10/15/2013	10/15/2013	0.50%	$2,003,205
United States Treasury Notes	912828PQ7	$2,000,000	1/15/2014	1/15/2014	1.00%	$2,012,902
United States Treasury Notes	912828QE3	$3,000,000	4/30/2013	4/30/2013	0.63%	$3,001,003
United States Treasury Notes	912828RS1	$2,000,000	11/30/2013	11/30/2013	0.25%	$2,000,434

Variable Rate Demand Note
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
2880 Stevens Creek LLC	90186QAA7	$940,000	4/3/2013	4/4/2013	0.45%	$940,000
Albany New York IDA Civic Facilities Revenue	012440JH7	$445,000	4/4/2013	4/4/2013	1.00%	$445,000
Bayfront Regional Development Corp.	07278GAA2	$1,630,000	4/4/2013	4/4/2013	0.17%	$1,630,000
Birmingham Alabama Industrial Development Board Revenue	091015BB2	$2,630,000	4/4/2013	4/4/2013	0.18%	$2,630,000
Bochasanwasi Shree Akshar Purushottam Swaminarayan Sanstha, Inc.	09688UAB9	$220,000	4/4/2013	4/4/2013	0.22%	$220,000
Caddo Parish Industrial Development Board, Inc. Revenue	12726XAA3	$2,225,000	4/4/2013	4/4/2013	0.90%	$2,225,000
California HFA Revenue	13033KP45	$201,000	4/3/2013	4/4/2013	0.10%	$201,000
California Statewide Communities Development Authority MFH Revenue	13077VE40	$295,000	4/1/2013	4/1/2013	0.30%	$295,000
California Statewide Communities Development Authority MFH Revenue	13077VKM3	$200,000	4/4/2013	4/4/2013	0.14%	$200,000
Cassia County Industrial Development Corp. Revenue	148188AB1	$4,000,000	4/4/2013	4/4/2013	0.17%	$4,000,000
Chicago Illinois MFH Revenue	167570GX2	$900,000	4/4/2013	4/4/2013	0.13%	$900,000
CIDC-Hudson House LLC New York Revenue	171759AA1	$1,395,000	4/1/2013	4/4/2013	0.60%	$1,395,000
Collier County Florida HFA MFH Revenue	19464HCG4	$1,700,000	4/3/2013	4/4/2013	0.13%	$1,700,000
Congress/Commons LLC	20720RAA5	$4,165,000	4/3/2013	4/4/2013	0.30%	$4,165,000
Cook County Illinois Revenue	213247BX6	$2,000,000	4/3/2013	4/4/2013	0.23%	$2,000,000
District of Columbia HFA MFH Revenue	25477PJN6	$200,000	4/4/2013	4/4/2013	0.15%	$200,000
District of Columbia Revenue	2548392N2	$1,020,000	4/4/2013	4/4/2013	0.17%	$1,020,000
Esplanade Theatres LLC	29667GAA5	$7,200,000	4/1/2013	4/1/2013	0.31%	$7,200,000
Franklin County Ohio Health Care Revenue	353180GH9	$385,000	4/4/2013	4/4/2013	0.12%	$385,000
Illinois Development Finance Authority Revenue	45188RHW2	$1,280,000	4/3/2013	4/4/2013	0.15%	$1,280,000
Illinois Finance Authority Revenue	45200BZB7	$400,000	4/3/2013	4/4/2013	0.43%	$400,000
Illinois Toll Highway Authority Revenue	452252GP8	$2,700,000	4/4/2013	4/4/2013	0.12%	$2,700,000
Iowa Finance Authority Revenue	46245EAP2	$500,000	4/4/2013	4/4/2013	0.20%	$500,000
Kenner Theatres LLC	489487AA6	$2,500,000	4/4/2013	4/4/2013	0.30%	$2,500,000
Lake Martin Area Alabama IDA Revenue	51015CAH2	$1,825,000	4/4/2013	4/4/2013	0.20%	$1,825,000
Massachusetts Development Finance Agency Revenue	57583RTY1	$2,465,000	4/3/2013	4/4/2013	0.17%	$2,465,000
Massachusetts Development Finance Agency Revenue	57583WAM6	$1,750,000	4/4/2013	4/4/2013	0.32%	$1,750,000
Massachusetts Health & Educational Facilities Authority Revenue	57586ELE9	$3,515,000	4/4/2013	4/4/2013	0.19%	$3,515,000
Michigan Strategic Fund LO Revenue	594698JX1	$5,305,000	4/3/2013	4/4/2013	0.40%	$5,305,000
Mississippi Business Finance Corp. Revenue	605279GF9	$2,195,000	4/4/2013	4/4/2013	0.22%	$2,195,000
Mississippi Home Corp. MFH Revenue	60535NBQ9	$1,300,000	4/4/2013	4/4/2013	0.17%	$1,300,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AS4	$270,000	4/4/2013	4/4/2013	0.17%	$270,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AX3	$420,000	4/4/2013	4/4/2013	0.19%	$420,000
Morehead Kentucky League of Cities Funding Trust Lease Program Revenue	616611AA7	$341,000	4/1/2013	4/4/2013	0.12%	$341,000
Ness Family Partners LP	64104QAA1	$4,635,000	4/3/2013	4/4/2013	0.51%	$4,635,000
Nevada Housing Division Revenue	641272FT1	$1,500,000	4/4/2013	4/4/2013	0.12%	$1,500,000
New Britain Connecticut GO Revenue	642713Y47	$800,000	4/3/2013	4/4/2013	0.28%	$800,000
New York City GO	64966JE77	$1,300,000	4/1/2013	4/1/2013	0.14%	$1,300,000
New York City Housing Development Corp. MFH Revenue	64966TAM6	$800,000	4/3/2013	4/4/2013	0.12%	$800,000
New York State HFA Revenue	64986MDU6	$2,000,000	4/3/2013	4/4/2013	0.16%	$2,000,000
New York State HFA Revenue	64986MJ22	$2,100,000	4/3/2013	4/4/2013	0.16%	$2,100,000
New York State HFA Revenue	64986MM28	$600,000	4/3/2013	4/4/2013	0.12%	$600,000
New York State HFA Revenue	64986MM36	$400,000	4/3/2013	4/4/2013	0.25%	$400,000
New York State MMC Corp. Revenue	60688AAA8	$2,230,000	4/1/2013	4/4/2013	0.60%	$2,230,000
Northstar Student Loan Trust II Revenue	66705GAA1	$2,908,000	4/4/2013	4/4/2013	0.17%	$2,908,000
Orange County Florida HFA MFH Revenue	684906EH9	$890,000	4/3/2013	4/4/2013	0.20%	$890,000
Osceola County Florida HFA MFH Revenue	687904CL4	$155,000	4/3/2013	4/4/2013	0.30%	$155,000
Overseas Private Investment Corp.	690353TL1	$1,871,795	4/3/2013	4/4/2013	0.15%	$1,871,795
Overseas Private Investment Corp.	690353VS3	$4,000,000	4/3/2013	4/4/2013	0.15%	$4,000,000
Rathbone LLC	754098AA9	$1,920,000	4/4/2013	4/4/2013	0.25%	$1,920,000
Rural Electric Cooperative Grantor Trust Certificates	781681AU5	$4,095,000	4/3/2013	4/4/2013	0.23%	$4,095,000
SunAmerica Trust Revenue	86704AAA3	$204,000	4/4/2013	4/4/2013	0.60%	$204,000
Sunroad Centrum Apartments 23 LP	86771MAA5	$3,750,000	4/4/2013	4/4/2013	0.17%	$3,750,000
Tarrant County Texas Industrial Development Corp. Revenue	876398AM0	$1,000,000	4/4/2013	4/4/2013	0.24%	$1,000,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAA4	$950,000	4/3/2013	4/4/2013	0.17%	$950,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAK2	$200,000	4/3/2013	4/4/2013	0.12%	$200,000
Upper Illinois River Valley Development Authority Revenue	91588LAC6	$4,000,000	4/3/2013	4/4/2013	0.28%	$4,000,000
Utah Housing Corp. Single Family Revenue	917436MU8	$737,000	4/3/2013	4/4/2013	0.14%	$737,000
Victorville California MFH Revenue	926431AA5	$600,000	4/3/2013	4/4/2013	0.27%	$600,000
Virginia Commonwealth University Health System Authority Revenue	92778LAE0	$2,000,000	4/1/2013	4/1/2013	0.14%	$2,000,000
Warren County Kentucky IDA Revenue	934869AA6	$2,585,000	4/4/2013	4/4/2013	0.30%	$2,585,000
Wausau Wisconsin Community Development Authority Revenue	943335AB5	$870,000	4/4/2013	4/4/2013	0.45%	$870,000

As of 2/28/2013

Dollar-weighted average portfolio maturity (as of month end and rounded to nearest day):	39 Days
Dollar-weighted average life maturity (as of month end and rounded to nearest day):	41 Days

Government Agency Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Federal Home Loan Bank	313378HJ3	$2,000,000	9/5/2013	9/5/2013	0.28%	$2,000,477

Other Instrument
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
State Street Bank Time Deposit	85799G001	$174,064	3/1/2013	3/1/2013	0.12%	$174,064

Other Municipal Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Fulton-DeKalb Hospital Authority Revenue	360244HU4	$2,840,000	1/1/2014	1/1/2014	5.25%	$2,958,727
Washington County Pennsylvania Hospital Authority Revenue	938592HG0	$1,300,000	7/1/2013	7/1/2013	0.45%	$1,300,000

Treasury Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
United States Treasury Notes	912828JB7	$2,000,000	5/31/2013	5/31/2013	3.50%	$2,016,628
United States Treasury Notes	912828JK7	$1,000,000	8/31/2013	8/31/2013	3.13%	$1,014,667
United States Treasury Notes	912828JQ4	$2,000,000	10/31/2013	10/31/2013	2.75%	$2,034,183
United States Treasury Notes	912828MT4	$2,000,000	3/15/2013	3/15/2013	1.38%	$2,000,895
United States Treasury Notes	912828NY2	$2,000,000	9/15/2013	9/15/2013	0.75%	$2,005,922
United States Treasury Notes	912828PB0	$2,000,000	10/15/2013	10/15/2013	0.50%	$2,003,709
United States Treasury Notes	912828PQ7	$2,000,000	1/15/2014	1/15/2014	1.00%	$2,014,286
United States Treasury Notes	912828QE3	$3,000,000	4/30/2013	4/30/2013	0.63%	$3,002,074
United States Treasury Notes	912828RS1	$2,000,000	11/30/2013	11/30/2013	0.25%	$2,000,489

Variable Rate Demand Note
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
2880 Stevens Creek LLC	90186QAA7	$940,000	3/6/2013	3/7/2013	0.48%	$940,000
Albany New York IDA Civic Facilities Revenue	012440JH7	$445,000	3/7/2013	3/7/2013	1.00%	$445,000
Bayfront Regional Development Corp.	07278GAA2	$1,630,000	3/7/2013	3/7/2013	0.17%	$1,630,000
Birmingham Alabama Industrial Development Board Revenue	091015BB2	$2,630,000	3/7/2013	3/7/2013	0.17%	$2,630,000
Bochasanwasi Shree Akshar Purushottam Swaminarayan Sanstha, Inc.	09688UAB9	$265,000	3/7/2013	3/7/2013	0.22%	$265,000
Caddo Parish Industrial Development Board, Inc. Revenue	12726XAA3	$2,225,000	3/7/2013	3/7/2013	0.90%	$2,225,000
California HFA Revenue	13033KP45	$201,000	3/6/2013	3/7/2013	0.08%	$201,000
California Statewide Communities Development Authority MFH Revenue	13077VE40	$295,000	3/1/2013	3/1/2013	0.26%	$295,000
California Statewide Communities Development Authority MFH Revenue	13077VKM3	$1,900,000	3/7/2013	3/7/2013	0.12%	$1,900,000
Cassia County Industrial Development Corp. Revenue	148188AB1	$4,000,000	3/7/2013	3/7/2013	0.16%	$4,000,000
Chicago Illinois MFH Revenue	167570GX2	$900,000	3/7/2013	3/7/2013	0.14%	$900,000
CIDC-Hudson House LLC New York Revenue	171759AA1	$1,395,000	3/1/2013	3/7/2013	0.60%	$1,395,000
Collier County Florida HFA MFH Revenue	19464HCG4	$500,000	3/6/2013	3/7/2013	0.13%	$500,000
Congress/Commons LLC	20720RAA5	$4,165,000	3/6/2013	3/7/2013	0.30%	$4,165,000
Cook County Illinois Revenue	213247BX6	$2,000,000	3/6/2013	3/7/2013	0.20%	$2,000,000
District of Columbia HFA MFH Revenue	25477PJN6	$200,000	3/7/2013	3/7/2013	0.13%	$200,000
District of Columbia Revenue	2548392N2	$1,020,000	3/7/2013	3/7/2013	0.17%	$1,020,000
Esplanade Theatres LLC	29667GAA5	$7,200,000	3/1/2013	3/1/2013	0.31%	$7,200,000
Franklin County Ohio Health Care Revenue	353180GH9	$385,000	3/7/2013	3/7/2013	0.10%	$385,000
Gillette Wyoming Pollution Control Revenue	375902AG8	$1,100,000	3/6/2013	3/7/2013	0.12%	$1,100,000
Illinois Development Finance Authority Revenue	45188RHW2	$1,280,000	3/6/2013	3/7/2013	0.11%	$1,280,000
Illinois Finance Authority Revenue	45200BZB7	$400,000	3/6/2013	3/7/2013	0.40%	$400,000
Illinois Toll Highway Authority Revenue	452252GP8	$2,700,000	3/7/2013	3/7/2013	0.11%	$2,700,000
Iowa Finance Authority Revenue	46245EAP2	$500,000	3/7/2013	3/7/2013	0.19%	$500,000
Kenner Theatres LLC	489487AA6	$2,500,000	3/7/2013	3/7/2013	0.29%	$2,500,000
Lake Martin Area Alabama IDA Revenue	51015CAH2	$1,825,000	3/7/2013	3/7/2013	0.19%	$1,825,000
Massachusetts Development Finance Agency Revenue	57583RTY1	$2,465,000	3/6/2013	3/7/2013	0.18%	$2,465,000
Massachusetts Development Finance Agency Revenue	57583WAM6	$1,750,000	3/7/2013	3/7/2013	0.32%	$1,750,000
Massachusetts Health & Educational Facilities Authority Revenue	57586ELE9	$3,515,000	3/7/2013	3/7/2013	0.20%	$3,515,000
Michigan Strategic Fund LO Revenue	594698JX1	$5,305,000	3/6/2013	3/7/2013	0.40%	$5,305,000
Mississippi Business Finance Corp. Revenue	605279GF9	$2,195,000	3/7/2013	3/7/2013	0.21%	$2,195,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AS4	$270,000	3/7/2013	3/7/2013	0.17%	$270,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AX3	$420,000	3/7/2013	3/7/2013	0.19%	$420,000
Morehead Kentucky League of Cities Funding Trust Lease Program Revenue	616611AA7	$341,000	3/1/2013	3/7/2013	0.11%	$341,000
Ness Family Partners LP	64104QAA1	$4,635,000	3/6/2013	3/7/2013	0.51%	$4,635,000
Nevada Housing Division Revenue	641272FT1	$800,000	3/7/2013	3/7/2013	0.11%	$800,000
New Britain Connecticut GO Revenue	642713Y47	$800,000	3/6/2013	3/7/2013	0.28%	$800,000
New York City GO	64966JE77	$1,300,000	3/1/2013	3/1/2013	0.11%	$1,300,000
New York City Housing Development Corp. MFH Revenue	64966TAM6	$800,000	3/6/2013	3/7/2013	0.10%	$800,000
New York State HFA Revenue	64986MDU6	$2,000,000	3/6/2013	3/7/2013	0.16%	$2,000,000
New York State HFA Revenue	64986MJ22	$3,900,000	3/6/2013	3/7/2013	0.15%	$3,900,000
New York State HFA Revenue	64986MM28	$1,100,000	3/6/2013	3/7/2013	0.11%	$1,100,000
New York State Housing Finance Agency Revenue	64986MM36	$400,000	3/6/2013	3/7/2013	0.25%	$400,000
New York State MMC Corp. Revenue	60688AAA8	$2,230,000	3/1/2013	3/7/2013	0.60%	$2,230,000
Northstar Student Loan Trust II Revenue	66705GAA1	$3,000,000	3/7/2013	3/7/2013	0.17%	$3,000,000
Orange County Florida HFA MFH Revenue	684906EH9	$890,000	3/6/2013	3/7/2013	0.20%	$890,000
Osceola County Florida HFA MFH Revenue	687904CL4	$455,000	3/6/2013	3/7/2013	0.31%	$455,000
OSL Santa Rosa Fountaingrove LLC	67105QAA3	$4,000,000	3/7/2013	3/7/2013	0.17%	$4,000,000
Overseas Private Investment Corp.	690353TL1	$1,880,342	3/6/2013	3/7/2013	0.17%	$1,880,342
Overseas Private Investment Corp.	690353VS3	$4,000,000	3/6/2013	3/7/2013	0.17%	$4,000,000
Rathbone LLC	754098AA9	$1,920,000	3/7/2013	3/7/2013	0.25%	$1,920,000
Rural Electric Cooperative Grantor Trust Certificates	781681AU5	$4,095,000	3/6/2013	3/7/2013	0.22%	$4,095,000
SunAmerica Trust Revenue	86704AAA3	$204,000	3/7/2013	3/7/2013	0.60%	$204,000
Sunroad Centrum Apartments 23 LP	86771MAA5	$1,300,000	3/7/2013	3/7/2013	0.15%	$1,300,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAA4	$950,000	3/6/2013	3/7/2013	0.16%	$950,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAK2	$200,000	3/6/2013	3/7/2013	0.11%	$200,000
Upper Illinois River Valley Development Authority Revenue	91588LAC6	$4,000,000	3/6/2013	3/7/2013	0.25%	$4,000,000
Utah Housing Corp. Single Family Revenue	917436MU8	$737,000	3/6/2013	3/7/2013	0.13%	$737,000
Victorville California MFH Revenue	926431AA5	$600,000	3/6/2013	3/7/2013	0.26%	$600,000
Virginia Commonwealth University Health System Authority Revenue	92778LAE0	$2,000,000	3/1/2013	3/1/2013	0.10%	$2,000,000
Warren County Kentucky IDA Revenue	934869AA6	$2,585,000	3/7/2013	3/7/2013	0.30%	$2,585,000
Wausau Wisconsin Community Development Authority Revenue	943335AB5	$870,000	3/7/2013	3/7/2013	0.45%	$870,000

As of 1/31/2013

Dollar-weighted average portfolio maturity (as of month end and rounded to nearest day):	46 Days
Dollar-weighted average life maturity (as of month end and rounded to nearest day):	47 Days

Government Agency Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Federal Home Loan Bank	313378HJ3	$2,000,000	9/5/2013	9/5/2013	0.28%	$2,000,549
Federal Home Loan Bank	313379HB8	$2,000,000	5/21/2013	5/21/2013	0.27%	$2,000,000

Other Instrument
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
State Street Bank Time Deposit	85799G001	$110,608	2/1/2013	2/1/2013	0.12%	$110,608

Other Municipal Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Fulton-DeKalb Georgia Hospital Authority Revenue	360244HU4	$2,840,000	1/1/2014	1/1/2014	5.25%	$2,969,591
Washington County Pennsylvania Hospital Authority Revenue	938592HG0	$1,300,000	7/1/2013	7/1/2013	0.45%	$1,300,000

Treasury Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
United States Treasury Notes	912828JB7	$2,000,000	5/31/2013	5/31/2013	3.50%	$2,021,744
United States Treasury Notes	912828JK7	$1,000,000	8/31/2013	8/31/2013	3.13%	$1,016,911
United States Treasury Notes	912828JQ4	$2,000,000	10/31/2013	10/31/2013	2.75%	$2,038,106
United States Treasury Notes	912828MN7	$2,000,000	2/15/2013	2/15/2013	1.38%	$2,000,941
United States Treasury Notes	912828MT4	$2,000,000	3/15/2013	3/15/2013	1.38%	$2,002,686
United States Treasury Notes	912828NY2	$2,000,000	9/15/2013	9/15/2013	0.75%	$2,006,759
United States Treasury Notes	912828PB0	$2,000,000	10/15/2013	10/15/2013	0.50%	$2,004,165
United States Treasury Notes	912828PQ7	$2,000,000	1/15/2014	1/15/2014	1.00%	$2,015,536
United States Treasury Notes	912828QE3	$3,000,000	4/30/2013	4/30/2013	0.63%	$3,003,043
United States Treasury Notes	912828RS1	$2,000,000	11/30/2013	11/30/2013	0.25%	$2,000,539

Variable Rate Demand Note
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
2880 Stevens Creek LLC	90186QAA7	$940,000	2/6/2013	2/7/2013	0.50%	$940,000
Albany New York IDA Civic Facilities Revenue	012440JH7	$445,000	2/7/2013	2/7/2013	1.00%	$445,000
Bayfront Regional Development Corp.	07278GAA2	$1,630,000	2/7/2013	2/7/2013	0.18%	$1,630,000
Birmingham Alabama Industrial Development Board Revenue	091015BB2	$2,630,000	2/7/2013	2/7/2013	0.16%	$2,630,000
Bochasanwasi Shree Akshar Purushottam Swaminarayan Sanstha, Inc.	09688UAB9	$310,000	2/7/2013	2/7/2013	0.22%	$310,000
Caddo Parish Industrial Development Board, Inc. Revenue	12726XAA3	$2,225,000	2/7/2013	2/7/2013	0.90%	$2,225,000
California HFA Revenue	13033KP45	$206,000	2/6/2013	2/7/2013	0.09%	$206,000
California Statewide Communities Development Authority MFH Revenue	13077VE40	$295,000	2/1/2013	2/1/2013	0.27%	$295,000
California Statewide Communities Development Authority MFH Revenue	13077VKM3	$2,700,000	2/7/2013	2/7/2013	0.11%	$2,700,000
Cassia County Industrial Development Corp. Revenue	148188AB1	$4,000,000	2/7/2013	2/7/2013	0.15%	$4,000,000
Chicago Illinois MFH Revenue	167570GX2	$900,000	2/7/2013	2/7/2013	0.10%	$900,000
CIDC-Hudson House LLC New York Revenue	171759AA1	$1,395,000	2/1/2013	2/7/2013	0.60%	$1,395,000
Collier County Florida HFA MFH Revenue	19464HCG4	$500,000	2/6/2013	2/7/2013	0.11%	$500,000
Congress/Commons LLC	20720RAA5	$4,165,000	2/6/2013	2/7/2013	0.30%	$4,165,000
Cook County Illinois Revenue	213247BX6	$2,000,000	2/6/2013	2/7/2013	0.20%	$2,000,000
District of Columbia HFA MFH Revenue	25477PJN6	$200,000	2/7/2013	2/7/2013	0.12%	$200,000
District of Columbia Revenue	2548392N2	$1,020,000	2/7/2013	2/7/2013	0.18%	$1,020,000
Esplanade Theatres LLC	29667GAA5	$6,400,000	2/1/2013	2/1/2013	0.31%	$6,400,000
Franklin County Ohio Health Care Revenue	353180GH9	$385,000	2/7/2013	2/7/2013	0.09%	$385,000
Gillette Wyoming Pollution Control Revenue	375902AG8	$500,000	2/6/2013	2/7/2013	0.10%	$500,000
Illinois Development Finance Authority Revenue	45188RHW2	$1,280,000	2/6/2013	2/7/2013	0.11%	$1,280,000
Illinois Finance Authority Revenue	45200BZB7	$400,000	2/6/2013	2/7/2013	0.40%	$400,000
Illinois Toll Highway Authority Revenue	452252GP8	$2,700,000	2/7/2013	2/7/2013	0.07%	$2,700,000
Iowa Finance Authority Revenue	46245EAP2	$500,000	2/7/2013	2/7/2013	0.18%	$500,000
Kenner Theatres LLC	489487AA6	$2,500,000	2/7/2013	2/7/2013	0.29%	$2,500,000
Lake Martin Area Alabama IDA Revenue	51015CAH2	$1,825,000	2/7/2013	2/7/2013	0.18%	$1,825,000
Massachusetts Development Finance Agency Revenue	57583RTY1	$2,465,000	2/6/2013	2/7/2013	0.18%	$2,465,000
Massachusetts Development Finance Agency Revenue	57583WAM6	$1,750,000	2/7/2013	2/7/2013	0.35%	$1,750,000
Massachusetts Health & Educational Facilities Authority Revenue	57586ELE9	$3,515,000	2/7/2013	2/7/2013	0.20%	$3,515,000
Michigan Strategic Fund LO Revenue	594698JX1	$5,305,000	2/6/2013	2/7/2013	0.40%	$5,305,000
Mississippi Business Finance Corp. Revenue	605279GF9	$2,195,000	2/7/2013	2/7/2013	0.21%	$2,195,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AS4	$285,000	2/7/2013	2/7/2013	0.17%	$285,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AX3	$720,000	2/7/2013	2/7/2013	0.19%	$720,000
Morehead Kentucky League of Cities Funding Trust Lease Program Revenue	616611AA7	$341,000	2/1/2013	2/7/2013	0.10%	$341,000
Ness Family Partners LP	64104QAA1	$4,635,000	2/6/2013	2/7/2013	0.51%	$4,635,000
New Britain Connecticut GO Revenue	642713Y47	$800,000	2/6/2013	2/7/2013	0.28%	$800,000
New York City GO	64966JE77	$3,600,000	2/1/2013	2/1/2013	0.12%	$3,600,000
New York City Housing Development Corp. MFH Revenue	64966TAM6	$800,000	2/6/2013	2/7/2013	0.09%	$800,000
New York State HFA Revenue	64986MVB8	$150,000	2/6/2013	2/7/2013	0.10%	$150,000
New York State Housing Finance Agency Revenue	64986MM36	$800,000	2/6/2013	2/7/2013	0.25%	$800,000
New York State MMC Corp. Revenue	60688AAA8	$2,230,000	2/1/2013	2/7/2013	0.60%	$2,230,000
Northstar Student Loan Trust II Revenue	66705GAA1	$3,000,000	2/7/2013	2/7/2013	0.18%	$3,000,000
Orange County Florida HFA MFH Revenue	684906EH9	$890,000	2/6/2013	2/7/2013	0.20%	$890,000
Osceola County Florida HFA MFH Revenue	687904CL4	$500,000	2/6/2013	2/7/2013	0.30%	$500,000
OSL Santa Rosa Fountaingrove LLC	67105QAA3	$4,000,000	2/7/2013	2/7/2013	0.17%	$4,000,000
Overseas Private Investment Corp.	690353TL1	$1,888,889	2/6/2013	2/7/2013	0.17%	$1,888,889
Overseas Private Investment Corp.	690353VS3	$4,000,000	2/6/2013	2/7/2013	0.17%	$4,000,000
Rathbone LLC	754098AA9	$1,920,000	2/7/2013	2/7/2013	0.25%	$1,920,000
Rural Electric Cooperative Grantor Trust Certificates	781681AU5	$4,095,000	2/6/2013	2/7/2013	0.23%	$4,095,000
SunAmerica Trust Revenue	86704AAA3	$204,000	2/7/2013	2/7/2013	0.60%	$204,000
Sunroad Centrum Apartments 23 LP	86771MAA5	$1,300,000	2/7/2013	2/7/2013	0.15%	$1,300,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAA4	$950,000	2/6/2013	2/7/2013	0.15%	$950,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAK2	$200,000	2/6/2013	2/7/2013	0.10%	$200,000
Upper Illinois River Valley Development Authority Revenue	91588LAC6	$4,000,000	2/6/2013	2/7/2013	0.25%	$4,000,000
Utah Housing Corp. Single Family Revenue	917436MU8	$937,000	2/6/2013	2/7/2013	0.12%	$937,000
Victorville California MFH Revenue	926431AA5	$200,000	2/6/2013	2/7/2013	0.25%	$200,000
Virginia Commonwealth University Health System Authority Revenue	92778LAE0	$2,000,000	2/1/2013	2/1/2013	0.10%	$2,000,000
Warren County Kentucky IDA Revenue	934869AA6	$2,585,000	2/7/2013	2/7/2013	0.30%	$2,585,000
Wausau Wisconsin Community Development Authority Revenue	943335AB5	$870,000	2/7/2013	2/7/2013	0.45%	$870,000

As of 12/31/2012

Dollar-weighted average portfolio maturity (as of month end and rounded to nearest day):	40 Days
Dollar-weighted average life maturity (as of month end and rounded to nearest day):	44 Days

Government Agency Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Federal Home Loan Bank	313378HJ3	$2,000,000	9/5/2013	9/5/2013	0.28%	$2,000,627
Federal Home Loan Bank	313379HB8	$2,000,000	5/21/2013	5/21/2013	0.27%	$2,000,000

Other Instrument
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
State Street Bank Time Deposit	85799G001	$166,868	1/2/2013	1/2/2013	0.12%	$166,868

Other Municipal Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Washington County Pennsylvania Hospital Authority Revenue	938592HG0	$1,300,000	7/1/2013	7/1/2013	0.45%	$1,300,000

Other Note
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
General Electric Capital Corp.	36962GZY3	$2,000,000	1/15/2013	1/15/2013	5.45%	$2,003,708

Treasury Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
United States Treasury Notes	912828JB7	$2,000,000	5/31/2013	5/31/2013	3.50%	$2,027,408
United States Treasury Notes	912828JK7	$1,000,000	8/31/2013	8/31/2013	3.13%	$1,019,395
United States Treasury Notes	912828JQ4	$2,000,000	10/31/2013	10/31/2013	2.75%	$2,042,449
United States Treasury Notes	912828MN7	$2,000,000	2/15/2013	2/15/2013	1.38%	$2,003,024
United States Treasury Notes	912828MT4	$2,000,000	3/15/2013	3/15/2013	1.38%	$2,004,669
United States Treasury Notes	912828NY2	$2,000,000	9/15/2013	9/15/2013	0.75%	$2,007,686
United States Treasury Notes	912828PB0	$2,000,000	10/15/2013	10/15/2013	0.50%	$2,004,669
United States Treasury Notes	912828PQ7	$2,000,000	1/15/2014	1/15/2014	1.00%	$2,016,920
United States Treasury Notes	912828PR5	$3,000,000	1/31/2013	1/31/2013	0.63%	$3,001,184
United States Treasury Notes	912828QE3	$3,000,000	4/30/2013	4/30/2013	0.63%	$3,004,114
United States Treasury Notes	912828QK9	$2,000,000	2/28/2013	2/28/2013	0.63%	$2,001,499
United States Treasury Notes	912828RS1	$2,000,000	11/30/2013	11/30/2013	0.25%	$2,000,594

Variable Rate Demand Note
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
2880 Stevens Creek LLC	90186QAA7	$940,000	1/2/2013	1/7/2013	0.55%	$940,000
Albany New York IDA Civic Facilities Revenue	012440JH7	$445,000	1/3/2013	1/7/2013	1.00%	$445,000
Bayfront Regional Development Corp.	07278GAA2	$1,630,000	1/3/2013	1/7/2013	0.18%	$1,630,000
Birmingham Alabama Industrial Development Board Revenue	091015BB2	$2,630,000	1/3/2013	1/7/2013	0.19%	$2,630,000
Bochasanwasi Shree Akshar Purushottam Swaminarayan Sanstha, Inc.	09688UAB9	$355,000	1/3/2013	1/7/2013	0.22%	$355,000
Caddo Parish Industrial Development Board, Inc. Revenue	12726XAA3	$2,305,000	1/3/2013	1/7/2013	0.95%	$2,305,000
California HFA Revenue	13033KP45	$206,000	1/2/2013	1/7/2013	0.11%	$206,000
California Statewide Communities Development Authority MFH Revenue	13077VE40	$295,000	1/2/2013	1/2/2013	0.29%	$295,000
California Statewide Communities Development Authority MFH Revenue	13077VKM3	$1,900,000	1/3/2013	1/7/2013	0.14%	$1,900,000
Cassia County Industrial Development Corp. Revenue	148188AB1	$4,000,000	1/3/2013	1/7/2013	0.18%	$4,000,000
CIDC-Hudson House LLC New York Revenue	171759AA1	$1,395,000	1/2/2013	1/7/2013	0.60%	$1,395,000
Collier County Florida HFA MFH Revenue	19464HCG4	$800,000	1/2/2013	1/7/2013	0.13%	$800,000
Congress/Commons LLC	20720RAA5	$4,165,000	1/2/2013	1/7/2013	0.30%	$4,165,000
County of Cook IL	213247BX6	$2,000,000	1/2/2013	1/7/2013	0.24%	$2,000,000
District of Columbia HFA MFH Revenue	25477PJN6	$200,000	1/3/2013	1/7/2013	0.16%	$200,000
District of Columbia Revenue	2548392N2	$1,020,000	1/3/2013	1/7/2013	0.18%	$1,020,000
Esplanade Theatres LLC	29667GAA5	$6,400,000	1/2/2013	1/2/2013	0.31%	$6,400,000
Franklin County Ohio Health Care Revenue	353180GH9	$385,000	1/3/2013	1/7/2013	0.12%	$385,000
Illinois Development Finance Authority Revenue	45188RHW2	$1,280,000	1/2/2013	1/7/2013	0.13%	$1,280,000
Illinois Finance Authority Revenue	45200BZB7	$400,000	1/2/2013	1/7/2013	0.44%	$400,000
Illinois Toll Highway Authority Revenue	452252GP8	$2,700,000	1/3/2013	1/7/2013	0.10%	$2,700,000
Kenner Theatres LLC	489487AA6	$2,500,000	1/3/2013	1/7/2013	0.31%	$2,500,000
Lake Martin Area Alabama IDA Revenue	51015CAH2	$1,825,000	1/3/2013	1/7/2013	0.23%	$1,825,000
Massachusetts Development Finance Agency Revenue	57583RTY1	$2,465,000	1/2/2013	1/7/2013	0.19%	$2,465,000
Massachusetts Development Finance Agency Revenue	57583WAM6	$1,750,000	1/3/2013	1/7/2013	0.37%	$1,750,000
Massachusetts Health & Educational Facilities Authority Revenue	57586ELE9	$3,515,000	1/3/2013	1/7/2013	0.21%	$3,515,000
Michigan Strategic Fund LO Revenue	594698JX1	$5,305,000	1/2/2013	1/7/2013	0.45%	$5,305,000
Mississippi Business Finance Corp. Revenue	605279GF9	$2,195,000	1/3/2013	1/7/2013	0.24%	$2,195,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AS4	$525,000	1/3/2013	1/7/2013	0.21%	$525,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AX3	$720,000	1/3/2013	1/7/2013	0.23%	$720,000
Morehead Kentucky League of Cities Funding Trust Lease Program Revenue	616611AA7	$341,000	1/4/2013	1/7/2013	0.13%	$341,000
Ness Family Partners LP	64104QAA1	$5,835,000	1/2/2013	1/7/2013	0.52%	$5,835,000
Nevada Housing Division Revenue	641272FT1	$2,000,000	1/3/2013	1/7/2013	0.15%	$2,000,000
New Britain Connecticut GO Revenue	642713Y47	$800,000	1/2/2013	1/7/2013	0.28%	$800,000
New York City GO	64966JE77	$3,600,000	1/2/2013	1/2/2013	0.10%	$3,600,000
New York City Housing Development Corp. MFH Revenue	64966TAM6	$800,000	1/2/2013	1/7/2013	0.12%	$800,000
New York State HFA Revenue	64986MF91	$220,000	1/2/2013	1/7/2013	0.12%	$220,000
New York State HFA Revenue	64986MM28	$1,100,000	1/2/2013	1/7/2013	0.15%	$1,100,000
New York State HFA Revenue	64986MVB8	$150,000	1/2/2013	1/7/2013	0.15%	$150,000
New York State Housing Finance Agency	64986MM36	$800,000	1/2/2013	1/7/2013	0.31%	$800,000
New York State Housing Finance Agency	64986MJ22	$1,200,000	1/2/2013	1/7/2013	0.19%	$1,200,000
New York State MMC Corp. Revenue	60688AAA8	$2,230,000	1/2/2013	1/7/2013	0.60%	$2,230,000
Northstar Student Loan Trust II	66705GAA1	$3,000,000	1/3/2013	1/7/2013	0.20%	$3,000,000
Orange County Florida HFA MFH Revenue	684906EH9	$890,000	1/2/2013	1/7/2013	0.24%	$890,000
Osceola County Florida HFA MFH Revenue	687904CL4	$500,000	1/2/2013	1/7/2013	0.34%	$500,000
OSL Santa Rosa Fountaingrove LLC	67105QAA3	$4,000,000	1/3/2013	1/7/2013	0.21%	$4,000,000
Overseas Private Investment Corp.	690353TL1	$1,897,436	1/2/2013	1/7/2013	0.17%	$1,897,436
Overseas Private Investment Corp.	690353VS3	$4,000,000	1/2/2013	1/7/2013	0.17%	$4,000,000
Rathbone LLC	754098AA9	$2,000,000	1/3/2013	1/7/2013	0.25%	$2,000,000
Rhode Island Student Loan Authority Revenue	762315ME6	$2,800,000	1/2/2013	1/7/2013	0.15%	$2,800,000
Rural Electric Cooperative Grantor Trust Certificates	781681AU5	$5,695,000	1/2/2013	1/7/2013	0.26%	$5,695,000
SunAmerica Trust Revenue	86704AAA3	$274,000	1/3/2013	1/7/2013	0.60%	$274,000
Sunroad Centrum Apartments 23 LP	86771MAA5	$1,300,000	1/3/2013	1/7/2013	0.19%	$1,300,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAA4	$750,000	1/2/2013	1/7/2013	0.18%	$750,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAK2	$200,000	1/2/2013	1/7/2013	0.13%	$200,000
Upper Illinois River Valley Development Authority Revenue	91588LAC6	$4,000,000	1/2/2013	1/7/2013	0.29%	$4,000,000
Utah Housing Corp. Single Family Revenue	917436MU8	$962,000	1/2/2013	1/7/2013	0.15%	$962,000
Victorville California MFH Revenue	926431AA5	$200,000	1/2/2013	1/7/2013	0.29%	$200,000
Virginia Commonwealth University Health System Authority Revenue	92778LAE0	$2,000,000	1/2/2013	1/2/2013	0.18%	$2,000,000
Warren County Kentucky IDA Revenue	934869AA6	$2,285,000	1/3/2013	1/7/2013	0.30%	$2,285,000
Wausau Wisconsin Community Development Authority Revenue	943335AB5	$870,000	1/3/2013	1/7/2013	0.51%	$870,000

As of 11/30/2012

Dollar-weighted average portfolio maturity (as of month end and rounded to nearest day):	38 Days
Dollar-weighted average life maturity (as of month end and rounded to nearest day):	40 Days

Government Agency Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Federal Home Loan Bank	313378HJ3	$2,000,000	9/5/2013	9/5/2013	0.28%	$2,000,706
Federal Home Loan Bank	313379HB8	$2,000,000	5/21/2013	5/21/2013	0.27%	$2,000,000

Other Instrument
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
State Street Bank Time Deposit	85799G001	$166,316	12/3/2012	12/3/2012	0.12%	$166,316

Other Municipal Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Washington County Pennsylvania Hospital Authority Revenue	938592HG0	$1,300,000	7/1/2013	7/1/2013	0.45%	$1,300,000

Other Note
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
General Electric Capital Corp.	36962GZY3	$2,000,000	1/15/2013	1/15/2013	5.45%	$2,011,918

Treasury Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
United States Treasury Notes	912828JB7	$2,000,000	5/31/2013	5/31/2013	3.50%	$2,033,073
United States Treasury Notes	912828JK7	$1,000,000	8/31/2013	8/31/2013	3.13%	$1,021,880
United States Treasury Notes	912828MN7	$2,000,000	2/15/2013	2/15/2013	1.38%	$2,005,107
United States Treasury Notes	912828MT4	$2,000,000	3/15/2013	3/15/2013	1.38%	$2,006,652
United States Treasury Notes	912828NY2	$2,000,000	9/15/2013	9/15/2013	0.75%	$2,008,613
United States Treasury Notes	912828PB0	$2,000,000	10/15/2013	10/15/2013	0.50%	$2,005,173
United States Treasury Notes	912828PR5	$3,000,000	1/31/2013	1/31/2013	0.63%	$3,002,408
United States Treasury Notes	912828QE3	$3,000,000	4/30/2013	4/30/2013	0.63%	$3,005,186
United States Treasury Notes	912828QK9	$2,000,000	2/28/2013	2/28/2013	0.63%	$2,002,300
United States Treasury Notes	912828RS1	$2,000,000	11/30/2013	11/30/2013	0.25%	$2,000,650

Variable Rate Demand Note
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
2880 Stevens Creek LLC	90186QAA7	$940,000	12/5/2012	12/7/2012	0.60%	$940,000
Albany New York IDA Civic Facilities Revenue	012440JH7	$445,000	12/6/2012	12/7/2012	1.00%	$445,000
Bayfront Regional Development Corp.	07278GAA2	$1,630,000	12/6/2012	12/7/2012	0.19%	$1,630,000
Birmingham Alabama Industrial Development Board Revenue	091015BB2	$2,630,000	12/6/2012	12/7/2012	0.22%	$2,630,000
Bochasanwasi Shree Akshar Purushottam Swaminarayan Sanstha, Inc.	09688UAB9	$400,000	12/6/2012	12/7/2012	0.22%	$400,000
Caddo Parish Industrial Development Board, Inc. Revenue	12726XAA3	$2,305,000	12/6/2012	12/7/2012	0.95%	$2,305,000
California HFA Revenue	13033KP45	$413,000	12/5/2012	12/7/2012	0.15%	$413,000
California Statewide Communities Development Authority MFH Revenue	13077VE40	$295,000	12/3/2012	12/3/2012	0.33%	$295,000
California Statewide Communities Development Authority MFH Revenue	13077VKM3	$500,000	12/6/2012	12/7/2012	0.17%	$500,000
Cassia County Industrial Development Corp. Revenue	148188AB1	$4,000,000	12/6/2012	12/7/2012	0.21%	$4,000,000
Chicago Illinois MFH Revenue	167570GX2	$3,700,000	12/6/2012	12/7/2012	0.18%	$3,700,000
CIDC-Hudson House LLC New York Revenue	171759AA1	$1,485,000	12/1/2012	12/7/2012	0.60%	$1,485,000
Collier County Florida HFA MFH Revenue	19464HCG4	$800,000	12/5/2012	12/7/2012	0.18%	$800,000
Congress/Commons LLC	20720RAA5	$4,165,000	12/5/2012	12/7/2012	0.30%	$4,165,000
District of Columbia HFA MFH Revenue	25477PJN6	$200,000	12/6/2012	12/7/2012	0.19%	$200,000
District of Columbia Revenue	2548392N2	$1,020,000	12/6/2012	12/7/2012	0.19%	$1,020,000
Esplanade Theatres LLC	29667GAA5	$6,000,000	12/1/2012	12/3/2012	0.31%	$6,000,000
Franklin County Ohio Health Care Revenue	353180GH9	$385,000	12/6/2012	12/7/2012	0.16%	$385,000
Haskell Capital Partners Ltd.	41810RAA2	$510,000	12/6/2012	12/7/2012	0.21%	$510,000
Illinois Development Finance Authority Revenue	45188RHW2	$1,280,000	12/5/2012	12/7/2012	0.18%	$1,280,000
Illinois Toll Highway Authority Revenue	452252GP8	$2,700,000	12/6/2012	12/7/2012	0.15%	$2,700,000
Kenner Theatres LLC	489487AA6	$2,500,000	12/6/2012	12/7/2012	0.31%	$2,500,000
Lake Martin Area Alabama IDA Revenue	51015CAH2	$1,825,000	12/6/2012	12/7/2012	0.26%	$1,825,000
Massachusetts Development Finance Agency Revenue	57583RTY1	$2,465,000	12/5/2012	12/7/2012	0.20%	$2,465,000
Massachusetts Development Finance Agency Revenue	57583WAM6	$1,750,000	12/6/2012	12/7/2012	0.37%	$1,750,000
Massachusetts Health & Educational Facilities Authority Revenue	57586ELE9	$3,515,000	12/6/2012	12/7/2012	0.22%	$3,515,000
Michigan Hospital Finance Authority Revenue	59465E4Z3	$1,200,000	12/3/2012	12/3/2012	0.19%	$1,200,000
Michigan Strategic Fund LO Revenue	594698JX1	$5,305,000	12/5/2012	12/7/2012	0.45%	$5,305,000
Mississippi Business Finance Corp. Revenue	605279GF9	$2,195,000	12/6/2012	12/7/2012	0.24%	$2,195,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AS4	$865,000	12/6/2012	12/7/2012	0.22%	$865,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AX3	$760,000	12/6/2012	12/7/2012	0.24%	$760,000
Morehead Kentucky League of Cities Funding Trust Lease Program Revenue	616611AA7	$346,000	12/7/2012	12/7/2012	0.16%	$346,000
Ness Family Partners LP	64104QAA1	$5,835,000	12/5/2012	12/7/2012	0.57%	$5,835,000
New Britain Connecticut GO Revenue	642713Y47	$800,000	12/5/2012	12/7/2012	0.28%	$800,000
New York City GO	64966JE77	$3,600,000	12/3/2012	12/3/2012	0.18%	$3,600,000
New York City Housing Development Corp. MFH Revenue	64966TAM6	$800,000	12/5/2012	12/7/2012	0.16%	$800,000
New York City Housing Development Corp. MFH Revenue	64970HDJ0	$150,000	12/5/2012	12/7/2012	0.19%	$150,000
New York State HFA Revenue	64986MF91	$220,000	12/5/2012	12/7/2012	0.17%	$220,000
New York State HFA Revenue	64986MJ22	$3,100,000	12/5/2012	12/7/2012	0.22%	$3,100,000
New York State HFA Revenue	64986MM28	$100,000	12/5/2012	12/7/2012	0.18%	$100,000
New York State HFA Revenue	64986MVB8	$500,000	12/5/2012	12/7/2012	0.17%	$500,000
New York State MFH	64986MM36	$800,000	12/5/2012	12/7/2012	0.31%	$800,000
New York State MMC Corp. Revenue	60688AAA8	$2,230,000	12/1/2012	12/7/2012	0.60%	$2,230,000
Northstar Student Loan Trust II	66705GAA1	$3,000,000	12/6/2012	12/7/2012	0.21%	$3,000,000
Orange County Florida HFA MFH Revenue	684906DG2	$70,000	12/6/2012	12/7/2012	0.27%	$70,000
Orange County Florida HFA MFH Revenue	684906EH9	$915,000	12/5/2012	12/7/2012	0.25%	$915,000
OSL Santa Rosa Fountaingrove LLC	67105QAA3	$4,000,000	12/6/2012	12/7/2012	0.22%	$4,000,000
Overseas Private Investment Corp.	690353TL1	$1,905,983	12/5/2012	12/7/2012	0.17%	$1,905,983
Overseas Private Investment Corp.	690353VS3	$4,000,000	12/4/2012	12/7/2012	0.17%	$4,000,000
Palm Beach County Florida Revenue	696547EW4	$1,695,000	12/6/2012	12/7/2012	0.20%	$1,695,000
Rathbone LLC	754098AA9	$2,000,000	12/6/2012	12/7/2012	0.25%	$2,000,000
Rhode Island Student Loan Authority Revenue	762315ME6	$2,800,000	12/5/2012	12/7/2012	0.17%	$2,800,000
Rural Electric Cooperative Grantor Trust Certificates	781681AU5	$7,405,000	12/5/2012	12/7/2012	0.28%	$7,405,000
SunAmerica Trust Revenue	86704AAA3	$274,000	12/6/2012	12/7/2012	0.60%	$274,000
Sunroad Centrum Apartments 23 LP	86771MAA5	$3,000,000	12/6/2012	12/7/2012	0.20%	$3,000,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAA4	$600,000	12/5/2012	12/7/2012	0.23%	$600,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAK2	$200,000	12/5/2012	12/7/2012	0.18%	$200,000
Upper Illinois River Valley Development Authority Revenue	91588LAC6	$4,000,000	12/5/2012	12/7/2012	0.32%	$4,000,000
Utah Housing Corp. Single Family Revenue	917436MU8	$962,000	12/5/2012	12/7/2012	0.18%	$962,000
Virginia Commonwealth University Health System Authority Revenue	92778LAE0	$2,000,000	12/3/2012	12/3/2012	0.18%	$2,000,000
Warren County Kentucky IDA Revenue	934869AA6	$3,000,000	12/6/2012	12/7/2012	0.30%	$3,000,000
Wausau Wisconsin Community Development Authority Revenue	943335AB5	$870,000	12/6/2012	12/7/2012	0.53%	$870,000

As of 10/31/2012

Dollar-weighted average portfolio maturity (as of month end and rounded to nearest day):	41 Days
Dollar-weighted average life maturity (as of month end and rounded to nearest day):	n/a

Government Agency Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Federal Home Loan Bank	313378HJ3	$2,000,000	9/5/2013	9/5/2013	0.28%	$2,000,782
Federal Home Loan Bank	313379HB8	$2,000,000	5/21/2013	5/21/2013	0.27%	$2,000,000

Other Instrument
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
State Street Bank Time Deposit	85799G001	$265,024	11/1/2012	11/1/2012	0.11%	$265,024

Other Municipal Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
Washington County Pennsylvania Hospital Authority Revenue	938592HG0	$1,300,000	7/1/2013	7/1/2013	0.45%	$1,300,000

Other Note
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
General Electric Capital Corp.	36962GZY3	$2,000,000	1/15/2013	1/15/2013	5.45%	$2,019,864

Treasury Debt
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
United States Treasury Notes	912828JB7	$2,000,000	5/31/2013	5/31/2013	3.50%	$2,038,555
United States Treasury Notes	912828MN7	$2,000,000	2/15/2013	2/15/2013	1.38%	$2,007,123
United States Treasury Notes	912828MT4	$2,000,000	3/15/2013	3/15/2013	1.38%	$2,008,570
United States Treasury Notes	912828NY2	$2,000,000	9/15/2013	9/15/2013	0.75%	$2,009,511
United States Treasury Notes	912828PB0	$2,000,000	10/15/2013	10/15/2013	0.50%	$2,005,661
United States Treasury Notes	912828PR5	$3,000,000	1/31/2013	1/31/2013	0.63%	$3,003,593
United States Treasury Notes	912828QE3	$3,000,000	4/30/2013	4/30/2013	0.63%	$3,006,223
United States Treasury Notes	912828QK9	$2,000,000	2/28/2013	2/28/2013	0.63%	$2,003,075
United States Treasury Notes	912828RS1	$2,000,000	11/30/2013	11/30/2013	0.25%	$2,000,703

Variable Rate Demand Note
Security Name	Cusip	Principal Amount	Rule 2a-7 Maturity Date	Maturity Date	Interest Rate	Amortized Cost Base
2880 Stevens Creek LLC	90186QAA7	$970,000	11/7/2012	11/7/2012	0.60%	$970,000
Albany New York IDA Civic Facilities Revenue	012440JH7	$445,000	11/1/2012	11/7/2012	1.00%	$445,000
Bayfront Regional Development Corp.	07278GAA2	$1,690,000	11/1/2012	11/7/2012	0.19%	$1,690,000
Birmingham Alabama Industrial Development Board Revenue	091015BB2	$2,630,000	11/1/2012	11/7/2012	0.27%	$2,630,000
Bochasanwasi Shree Akshar Purushottam Swaminarayan Sanstha, Inc.	09688UAB9	$445,000	11/1/2012	11/7/2012	0.22%	$445,000
Caddo Parish Industrial Development Board, Inc. Revenue	12726XAA3	$2,305,000	11/1/2012	11/7/2012	0.95%	$2,305,000
California HFA Revenue	13033KP45	$852,000	11/7/2012	11/7/2012	0.20%	$852,000
California Statewide Communities Development Authority MFH Revenue	13077VE40	$295,000	11/1/2012	11/1/2012	0.40%	$295,000
California Statewide Communities Development Authority MFH Revenue	13077VKM3	$400,000	11/1/2012	11/7/2012	0.22%	$400,000
Cassia County Industrial Development Corp. Revenue	148188AB1	$4,000,000	11/1/2012	11/7/2012	0.27%	$4,000,000
CIDC-Hudson House LLC New York Revenue	171759AA1	$1,485,000	11/1/2012	11/7/2012	0.60%	$1,485,000
Collier County Florida HFA MFH Revenue	19464HCG4	$1,050,000	11/7/2012	11/7/2012	0.23%	$1,050,000
Congress/Commons LLC	20720RAA5	$4,165,000	11/7/2012	11/7/2012	0.31%	$4,165,000
District of Columbia HFA MFH Revenue	25477PJN6	$205,000	11/1/2012	11/7/2012	0.22%	$205,000
District of Columbia Revenue	2548392N2	$1,020,000	11/1/2012	11/7/2012	0.19%	$1,020,000
Franklin County Ohio Health Care Revenue	353180GH9	$385,000	11/1/2012	11/7/2012	0.20%	$385,000
Haskell Capital Partners Ltd.	41810RAA2	$510,000	11/1/2012	11/7/2012	0.21%	$510,000
Hayward California MFH Revenue	421231AJ0	$510,000	11/1/2012	11/7/2012	0.20%	$510,000
Illinois Development Finance Authority Revenue	45188RHW2	$1,280,000	11/7/2012	11/7/2012	0.21%	$1,280,000
Illinois Toll Highway Authority Revenue	452252GP8	$2,700,000	11/1/2012	11/7/2012	0.21%	$2,700,000
Kenner Theatres LLC	489487AA6	$2,500,000	11/1/2012	11/7/2012	0.31%	$2,500,000
Lake Martin Area Alabama IDA Revenue	51015CAH2	$1,910,000	11/1/2012	11/7/2012	0.33%	$1,910,000
Massachusetts Development Finance Agency Revenue	57583RTY1	$2,465,000	11/7/2012	11/7/2012	0.20%	$2,465,000
Massachusetts Development Finance Agency Revenue	57583WAM6	$1,750,000	11/1/2012	11/7/2012	0.37%	$1,750,000
Massachusetts Health & Educational Facilities Authority Revenue	57586ELE9	$3,515,000	11/1/2012	11/7/2012	0.22%	$3,515,000
Michigan Hospital Finance Authority Revenue	59465E4Z3	$1,200,000	11/1/2012	11/1/2012	0.23%	$1,200,000
Michigan Strategic Fund LO Revenue	594698JX1	$5,305,000	11/7/2012	11/7/2012	0.45%	$5,305,000
Mississippi Business Finance Corp. Revenue	605279GF9	$2,195,000	11/1/2012	11/7/2012	0.24%	$2,195,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AS4	$865,000	11/1/2012	11/7/2012	0.22%	$865,000
Montgomery County Pennsylvania Redevelopment Authority MFH Revenue	613643AX3	$760,000	11/1/2012	11/7/2012	0.24%	$760,000
Morehead Kentucky League of Cities Funding Trust Lease Program Revenue	616611AA7	$346,000	11/2/2012	11/7/2012	0.21%	$346,000
Ness Family Partners LP	64104QAA1	$5,835,000	11/1/2012	11/7/2012	0.60%	$5,835,000
New Britain Connecticut GO Revenue	642713Y47	$800,000	11/7/2012	11/7/2012	0.29%	$800,000
New York City GO	64966JE77	$3,600,000	11/1/2012	11/1/2012	0.22%	$3,600,000
New York City Housing Development Corp. MFH Revenue	64966TAM6	$800,000	11/7/2012	11/7/2012	0.22%	$800,000
New York City Housing Development Corp. MFH Revenue	64970HDJ0	$150,000	11/7/2012	11/7/2012	0.18%	$150,000
New York State HFA Revenue	64986ME76	$250,000	11/7/2012	11/7/2012	0.20%	$250,000
New York State HFA Revenue	64986MF91	$220,000	11/7/2012	11/7/2012	0.22%	$220,000
New York State HFA Revenue	64986MM28	$600,000	11/7/2012	11/7/2012	0.23%	$600,000
New York State HFA Revenue	64986MVB8	$3,000,000	11/7/2012	11/7/2012	0.20%	$3,000,000
New York State Housing Finance Agency Revenue	64986MM36	$800,000	11/7/2012	11/7/2012	0.36%	$800,000
New York State Housing Finance Agency Revenue	64986MJ22	$3,000,000	11/7/2012	11/7/2012	0.26%	$3,000,000
New York State MMC Corp. Revenue	60688AAA8	$2,255,000	11/1/2012	11/7/2012	0.60%	$2,255,000
Northstar Student Loan Trust II Revenue	66705GAA1	$3,000,000	11/1/2012	11/7/2012	0.22%	$3,000,000
Orange County Florida HFA MFH Revenue	684906DG2	$70,000	11/1/2012	11/7/2012	0.28%	$70,000
Orange County Florida HFA MFH Revenue	684906EH9	$915,000	11/7/2012	11/7/2012	0.25%	$915,000
OSL Santa Rosa Fountaingrove LLC	67105QAA3	$600,000	11/1/2012	11/7/2012	0.22%	$600,000
Overseas Private Investment Corp.	690353TL1	$1,914,530	11/7/2012	11/7/2012	0.17%	$1,914,530
Overseas Private Investment Corp.	690353VS3	$4,000,000	11/7/2012	11/7/2012	0.17%	$4,000,000
Palm Beach County Florida Revenue	696547EW4	$1,695,000	11/1/2012	11/7/2012	0.23%	$1,695,000
Prevea Clinic, Inc.	74138YAA3	$3,710,000	11/1/2012	11/7/2012	0.21%	$3,710,000
Rathbone LLC	754098AA9	$2,000,000	11/1/2012	11/7/2012	0.25%	$2,000,000
Rhode Island Student Loan Authority Revenue	762315ME6	$2,800,000	11/7/2012	11/7/2012	0.17%	$2,800,000
Rural Electric Cooperative Grantor Trust Certificates	781681AU5	$10,905,000	11/7/2012	11/7/2012	0.29%	$10,905,000
SunAmerica Trust Revenue	86704AAA3	$274,000	11/1/2012	11/7/2012	0.60%	$274,000
Sunroad Centrum Apartments 23 LP	86771MAA5	$3,000,000	11/1/2012	11/7/2012	0.20%	$3,000,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAA4	$600,000	11/7/2012	11/7/2012	0.26%	$600,000
Tuscaloosa County Alabama IDA Gulf Opportunity Zone Revenue	90068FAK2	$200,000	11/7/2012	11/7/2012	0.21%	$200,000
Upper Illinois River Valley Development Authority Revenue	91588LAC6	$4,000,000	11/7/2012	11/7/2012	0.35%	$4,000,000
Utah Housing Corp. Single Family Revenue	917436MU8	$462,000	11/7/2012	11/7/2012	0.20%	$462,000
Virginia Commonwealth University Health System Authority Revenue	92778LAE0	$2,000,000	11/1/2012	11/1/2012	0.21%	$2,000,000
Warren County Kentucky IDA Revenue	934869AA6	$3,000,000	11/1/2012	11/7/2012	0.31%	$3,000,000
Wausau Wisconsin Community Development Authority Revenue	943335AB5	$1,485,000	11/1/2012	11/7/2012	0.55%	$1,485,000

Important Disclosure

Holdings are subject to change.

Industry classifications provided by MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.

Management & Commentary

Fund Management

Calvert Investment Management, Inc.

As investment advisor to the Calvert family of funds, Calvert Investment Management, Inc. oversees assets covering a broad range of equity, fixed-income, balanced, and asset allocation funds.

Related Market Outlook

Focus on Fixed Income: Surfaced and Submerged

Fees & Minimums

Annual Operating Expenses (deducted from Fund assets)

Description	Expense
Management fees	0.300%
Distribution and service (12b-1) fees	none
Other expenses	0.110%
Total annual Fund operating expenses	0.410%

Less fee waiver and/or expense reimbursement	0.010%
Net expenses	0.400%

Shareholder Fees (fees paid directly from your account)

Description	Fee
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)	none
Maximum deferred sales charge (load) (as a percentage of purchase or redemption proceeds, whichever is lower)	none
Redemption Fee (unless otherwise noted in the prospectus the redemption fee applies to redemptions, including exchanges within 30 days of purchase (seven days for Class I and R shares)	2.00%
Low balance fee	2/

Fund Expense Ratios

Description	Expense
Expense Ratio (if no waiver/reimbursement in effect)	n/a
Net Expense Ratio (if waiver/reimbursement in effect)	0.40%
Gross Expense Ratio (if waiver/reimbursement in effect)	0.41%

Investment Minimums

Description	Minimum
Minimum Initial Investment (ClassI)	$1,000,000
Minimum Initial Investment for IRA (ClassI)	$1,000,000
Minimum Subsequent Investment (ClassI)	$50,000

Important Disclosure

Calvert has agreed contractually to limit direct net annual fund operating expenses for Calvert Cash Reserves Institutional Prime Fund through January 31, 2014. Direct net operating expenses will not exceed 0.40% for Class I shares of the Fund. Only the Board of Trustees of the Fund may terminate the Fund's expense limitation before the contractual period expires. Under the terms of the contractual expense limitation, operating expenses do not include interest expenses, brokerage commissions, extraordinary expense and taxes.

Management fees include the advisory fee paid by the Fund to the Advisor, and the administrative fee paid by the Fund to Calvert Investment Administrative Services, Inc., an affiliate of the Advisor.

Calvert Cash Reserves Institutional Prime Fund (CCIXX)

Overview

Fund Management

Investment Objective

Investment Strategy

Investment Risk

Performance

Hypothetical Growth of $10,000

Yearly Percentage Return

Pricing & Distribution

Most Recent Distributions

Holdings

Fund Holdings

To obtain the fund's most recent 12 months of publicly available filings of Form N-MFP, go here

As of 4/30/2013

As of 3/31/2013

As of 2/28/2013

As of 1/31/2013

As of 12/31/2012

As of 11/30/2012

As of 10/31/2012

Management & Commentary

Fund Management

Related Market Outlook

Fees & Minimums

Annual Operating Expenses (deducted from Fund assets)

Shareholder Fees (fees paid directly from your account)

Fund Expense Ratios

Investment Minimums

Fund Profiles & Performance

Asset Allocation Funds

Money Market Funds

Equity Funds

Bond Funds

Get Information and Resources

Fund literature and resources