PVI - VRDO Tax Free Weekly Portfolio Holdings
PVI Tracks This Index: Bloomberg US Municipal AMT-Free Weekly VRDO Index
Description: The Index is comprised of municipal securities issued in the primary market as Variable Rate Demand Obligations (VRDOs) whose interest rates are reset weekly. VRDOs are floating-rate bonds that provide investors with tax-exempt income. VRDOs are generally purchased at par. When they are put back to an investment dealer, the investor generally receives par plus accrued interest.
Data as of 2012-05-03 PVI Top Ten Holdings
- Houston Tex Higher Ed Fin Corp Var Ref R: 6.46%
- New Jersey St Tpk Auth 4%: 5.95%
- Austin Tex Wtr & Wastewater Sy Ref Rev B: 5.23%
- Charlotte-Mecklenberg Hosp Aut Var Rev B: 4.63%
- New York St Dorm Auth: 4.63%
- Colorado Springs Colo Utils Re Sub Lien: 4.44%
- Pinellas Cnty Fla Health Facs Var Rev B: 4.40%
- New Jersey St Tpk Auth: 4.01%
- Metropolitan Transn Auth: 3.75%
- Illinois Fin Auth: 3.61%
% Assets In Top 10: 47.1%
Total Holdings: 48
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PVI Asset Allocation
| Asset |
Percentage |
| U.S. Stocks |
0.00% |
| International Stocks |
0.00% |
| U.S. Bonds |
100.00% |
| International Bonds |
0.00% |
| Preferred Stock |
0.00% |
| Convertibles |
0.00% |
| Cash |
0.00% |
| Other |
0.00% |
|
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PVI Bond Sector Breakdown
| Bond Sector |
Percentage |
| Municipal |
100.00% |
| Derivative |
0.00% |
| Cash And Equivalents |
0.00% |
| Corporate |
0.00% |
| Government |
0.00% |
| Securitized |
0.00% |
|
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PVI Bond Detailed Sector Breakdown
| Bond Sector |
Percentage |
| US Municipal Tax Advantaged |
100.00% |
| Asset Backed |
0.00% |
| Covered Bond |
0.00% |
| Commercial Mortgage Backed |
0.00% |
| Cash And Equivalents |
0.00% |
| Sector Swap |
0.00% |
| Option Warrant |
0.00% |
| Future Forward |
0.00% |
| Non Agency Residential Mortgage Backed |
0.00% |
| Agency Mortgage Backed |
0.00% |
| Municipal Taxable |
0.00% |
| Government Related |
0.00% |
| Bank Loan |
0.00% |
| Convertible |
0.00% |
| Preferred |
0.00% |
| Corporate Bond |
0.00% |
| Government |
0.00% |
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PVI Coupon Breakdown
| Coupon Range |
Percentage |
| 0% to 1% |
87.18% |
| 1% to 2% |
2.54% |
| 2% to 3% |
0.00% |
| 3% to 4% |
6.71% |
| 4% to 5% |
0.00% |
| 5% to 6% |
0.09% |
| 6% to 7% |
3.47% |
| 7% to 8% |
0.00% |
| 8% to 9% |
0.00% |
| 9% to 10% |
0.00% |
| Greater Than 10% |
0.00% |
|
|
PVI Credit Quality
| Credit |
Percentage |
| AAA |
26.39% |
| AA |
48.20% |
| A |
24.26% |
| BBB |
0.73% |
| BB |
0.00% |
| B |
0.42% |
| Below B |
0.00% |
| Not Rated |
0.00% |
|
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PVI Maturity Breakdown
| Maturity |
Percentage |
| Less Than 1 Year |
0.00% |
| 1-3 Years |
0.23% |
| 3-5 Years |
2.41% |
| 5-7 Years |
5.95% |
| 7-10 Years |
11.16% |
| 10-15 Years |
18.33% |
| 15-20 Years |
18.22% |
| 20-30 Years |
29.64% |
| 30+ Years |
14.07% |
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© 2012 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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