Investment Company Act file number 811-6385
Nuveen Ohio Quality Income Municipal Fund, Inc.
(Exact name of registrant as specified in charter)
333 West Wacker Drive, Chicago, Illinois 60606
(Address of principal executive offices) (Zip code)
Jessica R. DroegerVice President and Secretary
333 West Wacker Drive, Chicago, Illinois 60606
(Name and address of agent for service)
Registrant's telephone number, including area code: 312-917-7700
Date of fiscal year end: 07/31
Date of reporting period: 04/30/05
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (OMB) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. Schedule of Investments
Portfolio of Investments (Unaudited) | ||||||||
Nuveen Ohio Quality Income Municipal Fund, Inc. (NUO) | ||||||||
April 30, 2005 | ||||||||
Principal | Optional Call | Market | ||||||
Amount (000) | Description(1) | Provisions* | Ratings** | Value | ||||
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Consumer Staples - 1.7% (1.2% of Total Investments) | ||||||||
$ 2,800 | Puerto Rico, The Children's Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds, Series | 5/12 at 100.00 | BBB | $ 2,822,764 | ||||
2002, 5.375%, 5/15/33 | ||||||||
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Education and Civic Organizations - 10.1% (6.9% of Total Investments) | ||||||||
770 | Ohio State Education, Student Loan Revenue Bonds, Supplemental Student Loan Program, Series | 6/05 at 100.00 | AAA | 806,144 | ||||
1997A-1, 5.850%, 12/01/19 (Alternative Minimum Tax) (Pre-refunded to 6/01/05) - AMBAC Insured | ||||||||
1,200 | Ohio Higher Educational Facilities Commission, Revenue Bonds, University of Findlay, Series 1996, | 9/06 at 101.00 | Ba1 | 1,228,956 | ||||
6.125%, 9/01/16 | ||||||||
1,000 | Ohio Higher Educational Facilities Commission, Revenue Bonds, Wittenberg University, Series 2001, | 12/11 at 100.00 | Baa1 | 1,082,300 | ||||
5.500%, 12/01/15 | ||||||||
1,415 | Ohio Higher Educational Facilities Commission, Revenue Bonds, Denison University, Series 2004, | 11/14 at 100.00 | AA | 1,515,564 | ||||
5.000%, 11/01/21 | ||||||||
1,320 | Ohio Higher Educational Facilities Commission, Revenue Bonds, University of Dayton, Series 2004, | 12/14 at 100.00 | AAA | 1,402,711 | ||||
5.000%, 12/01/25 - AMBAC Insured | ||||||||
1,750 | Ohio Higher Education Facilities Commission, General Revenue Bonds, Oberlin College, Series 2003, | 10/13 at 100.00 | AA | 1,861,738 | ||||
5.125%, 10/01/24 | ||||||||
1,200 | Ohio State University, General Receipts Bonds, Series 2002A, 5.125%, 12/01/31 | 12/12 at 100.00 | AA | 1,264,032 | ||||
3,000 | Ohio State University, General Receipts Bonds, Series 2003B, 5.250%, 6/01/22 | 6/13 at 100.00 | AA | 3,300,390 | ||||
1,510 | University of Akron, Ohio, General Receipts Bonds, Series 2003A, 5.000%, 1/01/21 - AMBAC Insured | 1/13 at 100.00 | AAA | 1,622,661 | ||||
850 | University of Cincinnati, Ohio, General Receipts Bonds, Series 2003C, 5.000%, 6/01/22 - FGIC | 6/13 at 100.00 | AAA | 913,079 | ||||
Insured | ||||||||
1,200 | University of Cincinnati, Ohio, General Receipts Bonds, Series 2004D, 5.000%, 6/01/19 - AMBAC | 6/14 at 100.00 | AAA | 1,293,108 | ||||
Insured | ||||||||
|
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Healthcare - 26.6% (18.3% of Total Investments) | ||||||||
2,000 | Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Facilities Revenue Bonds, | 11/09 at 101.00 | Baa1 | 2,028,140 | ||||
Summa Health System, Series 1998A, 5.375%, 11/15/24 | ||||||||
1,000 | Cuyahoga County, Ohio, Hospital Revenue Refunding and Improvement Bonds, MetroHealth System, Series | 2/07 at 102.00 | AAA | 1,062,220 | ||||
1997, 5.625%, 2/15/17 - MBIA Insured | ||||||||
2,000 | Cuyahoga County, Ohio, Revenue Refunding Bonds, Cleveland Clinic Health System, Series 2003A, | 7/13 at 100.00 | Aa3 | 2,212,460 | ||||
6.000%, 1/01/32 | ||||||||
4,500 | Erie County, Ohio, Hospital Facilities Revenue Bonds, Firelands Regional Medical Center, Series | 8/12 at 101.00 | A | 4,680,945 | ||||
2002A, 5.625%, 8/15/32 | ||||||||
Franklin County, Ohio, Hospital Revenue Refunding and Improvement Bonds, Children's Hospital | ||||||||
Project, Series 1996A: | ||||||||
1,000 | 5.750%, 11/01/20 | 11/06 at 101.00 | Aa2 | 1,031,410 | ||||
1,500 | 5.875%, 11/01/25 | 11/06 at 101.00 | Aa2 | 1,546,050 | ||||
2,455 | Hamilton County, Ohio, Revenue Bonds, Children's Hospital Medical Center, Series 2004J, 5.250%, | 5/14 at 100.00 | AAA | 2,709,461 | ||||
5/15/16 - FGIC Insured | ||||||||
2,500 | Marion County, Ohio, Hospital Revenue Refunding and Improvement Bonds, The Community Hospital, | 5/06 at 102.00 | BBB+ | 2,612,575 | ||||
Series 1996, 6.375%, 5/15/11 | ||||||||
2,405 | Miami County, Ohio, Hospital Facilities Revenue Refunding and Improvement Bonds, Upper Valley | 5/06 at 102.00 | BBB+ | 2,500,551 | ||||
Medical Center, Series 1996A, 6.250%, 5/15/16 | ||||||||
1,500 | Montgomery County, Ohio, Hospital Facilities Revenue Refunding and Improvement Bonds, Kettering | 4/06 at 102.00 | AAA | 1,564,770 | ||||
Medical Center, Series 1996, 5.625%, 4/01/16 - MBIA Insured | ||||||||
3,000 | Montgomery County, Ohio, Hospital Facilities Revenue Bonds, Kettering Medical Center, Series 1999, | 4/10 at 101.00 | A2 | 3,327,840 | ||||
6.750%, 4/01/18 | ||||||||
Montgomery County, Ohio, Revenue Bonds, Catholic Health Initiatives, Series 2004A: | ||||||||
2,500 | 5.000%, 5/01/30 | 5/14 at 100.00 | AA | 2,593,575 | ||||
2,500 | 5.000%, 5/01/32 | No Opt. Call | AA | 2,594,150 | ||||
6,000 | Parma Community General Hospital Association, Ohio, Hospital Revenue Refunding and Improvement | 11/08 at 101.00 | A- | 6,155,400 | ||||
Bonds, Series 1998, 5.375%, 11/01/29 | ||||||||
2,500 | Richland County, Ohio, Hospital Facilities Revenue Improvement Bonds, MedCentral Health System | 11/10 at 101.00 | A- | 2,709,600 | ||||
Obligated Group, Series 2000B, 6.375%, 11/15/30 | ||||||||
1,500 | Steubenville, Ohio, Hospital Facilities Revenue Refunding and Improvement Bonds, Trinity Health | 10/10 at 100.00 | A3 | 1,655,910 | ||||
System, Series 2000, 6.375%, 10/01/20 | ||||||||
1,705 | Tuscarawas County, Ohio, Hospital Facilities Revenue Bonds, Union Hospital Project, Series 2001, | 10/11 at 101.00 | AA | 1,875,722 | ||||
5.750%, 10/01/21 - RAAI Insured | ||||||||
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||||||||
Housing/Multifamily - 9.3% (6.4% of Total Investments) | ||||||||
1,385 | Clermont County, Ohio, GNMA Collateralized Mortgage Revenue Bonds, S.E.M. Villa II Project, Series | 8/05 at 101.00 | Aaa | 1,405,069 | ||||
1994A, 5.950%, 2/20/30 | ||||||||
975 | Cuyahoga County, Ohio, GNMA Collateralized Multifamily Housing Mortgage Revenue Bonds, West Tech | 9/10 at 102.00 | Aaa | 1,003,285 | ||||
Apartments Project, Series 2002A, 5.350%, 3/20/33 (Alternative Minimum Tax) | ||||||||
1,435 | Cuyahoga County, Ohio, GNMA Collateralized Loan Multifamily Housing Revenue Bonds, Water Street | 6/08 at 105.00 | Aaa | 1,545,567 | ||||
Associates Ltd., Series 1997, 6.150%, 12/20/26 (Alternative Minimum Tax) | ||||||||
Cuyahoga County, Ohio, GNMA Collateralized Multifamily Housing Mortgage Revenue Bonds, Longwood | ||||||||
Phase One Associates LP, Series 2001A: | ||||||||
2,475 | 5.350%, 1/20/21 (Alternative Minimum Tax) | 7/11 at 102.00 | Aaa | 2,599,889 | ||||
2,250 | 5.450%, 1/20/31 (Alternative Minimum Tax) | 7/11 at 102.00 | Aaa | 2,343,735 | ||||
1,000 | Cuyahoga County, Ohio, GNMA Collateralized Multifamily Housing Mortgage Revenue Bonds, Livingston | 9/12 at 102.00 | Aaa | 1,044,440 | ||||
Park Apartments Project, Series 2002A, 5.350%, 9/20/27 (Alternative Minimum Tax) | ||||||||
985 | Franklin County, Ohio, FHA-Insured Multifamily Housing Mortgage Revenue Bonds, Hamilton Creek | 7/05 at 103.00 | Aa | 1,002,779 | ||||
Apartments Project, Series 1994A, 5.550%, 7/01/24 (Alternative Minimum Tax) | ||||||||
4,060 | Lucas Northgate Housing Development Corporation, Ohio, FHA-Insured Section 8 Assisted Mortgage | 7/05 at 101.00 | Aaa | 4,094,754 | ||||
Revenue Refunding Bonds, Northgate Apartments, Series 1999A, 6.000%, 7/01/24 - MBIA Insured | ||||||||
|
||||||||
Housing/Single Family - 4.5% (3.1% of Total Investments) | ||||||||
1,500 | Ohio Housing Finance Agency, GNMA Mortgage-Backed Securities Program Residential Mortgage Revenue | 9/07 at 102.00 | Aaa | 1,554,810 | ||||
Bonds, Series 1996B-3, 5.750%, 9/01/28 (Alternative Minimum Tax) | ||||||||
2,645 | Ohio Housing Finance Agency, GNMA Mortgage-Backed Securities Program Residential Mortgage Revenue | 3/08 at 101.50 | AAA | 2,723,980 | ||||
Bonds, Series 1998A-1, 5.300%, 9/01/19 (Alternative Minimum Tax) - FSA Insured | ||||||||
2,605 | Ohio Housing Finance Agency, GNMA Mortgage-Backed Securities Program Residential Mortgage Revenue | 9/08 at 102.00 | Aaa | 2,678,539 | ||||
Bonds, Series 1997B, 5.400%, 9/01/29 (Alternative Minimum Tax) | ||||||||
355 | Ohio Housing Finance Agency, GNMA Mortgage-Backed Securities Program Residential Mortgage Revenue | 3/12 at 100.00 | Aaa | 367,624 | ||||
Bonds, Series 2002D, 5.400%, 9/01/34 (Alternative Minimum Tax) | ||||||||
|
||||||||
Industrials - 0.3% (0.2% of Total Investments) | ||||||||
530 | Cleveland-Cuyahoga County Port Authority, Ohio, Bond Fund Program Development Revenue Bonds, Myers | 11/14 at 100.00 | N/R | 538,321 | ||||
University, Series 2004E, 5.600%, 5/15/25 | ||||||||
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Long-Term Care - 0.6% (0.5% of Total Investments) | ||||||||
1,000 | Hamilton County, Ohio, Healthcare Facilities Improvement Revenue Bonds, Twin Towers, Series 1999A, | 10/08 at 102.00 | BBB | 1,036,530 | ||||
5.800%, 10/01/23 | ||||||||
|
||||||||
Tax Obligation/General - 44.6% (30.7% of Total Investments) | ||||||||
1,000 | Ansonia Local School District, Darke County, Ohio, General Obligation Bonds, Series 2000, 5.500%, | 12/10 at 102.00 | Aaa | 1,116,410 | ||||
12/01/22 - MBIA Insured | ||||||||
1,000 | Bay Village City School District, Ohio, General Obligation Unlimited Tax School Improvement Bonds, | 12/10 at 100.00 | Aa2 | 1,053,850 | ||||
Series 2001, 5.000%, 12/01/25 | ||||||||
270 | Berea City School District, Ohio, General Obligation Unlimited Tax School Improvement Bonds, Series | 6/05 at 101.00 | AAA | 273,750 | ||||
1993, 7.500%, 12/15/06 - AMBAC Insured | ||||||||
Butler County, Ohio, General Obligation Judgment Bonds, Series 2002: | ||||||||
2,030 | 5.250%, 12/01/21 | 12/12 at 101.00 | Aa3 | 2,227,945 | ||||
2,140 | 5.250%, 12/01/22 | 12/12 at 101.00 | Aa3 | 2,348,671 | ||||
Butler County, Ohio, General Obligation Bonds, Series 2002: | ||||||||
1,345 | 5.000%, 12/01/21 - MBIA Insured | 12/12 at 100.00 | Aaa | 1,449,507 | ||||
1,200 | 5.000%, 12/01/22 - MBIA Insured | 12/12 at 101.00 | Aaa | 1,290,792 | ||||
1,560 | Canal Winchester Local School District, Franklin and Fairfield Counties, Ohio, School Facilities | 12/11 at 100.00 | Aaa | 1,622,478 | ||||
Construction and Improvement Bonds, Series 2001B, 5.000%, 12/01/28 - FGIC Insured | ||||||||
1,000 | Central Ohio Solid Waste Authority, General Obligation Bonds, Series 2004A, 5.000%, 12/01/15 - | 6/14 at 100.00 | AAA | 1,091,870 | ||||
AMBAC Insured | ||||||||
1,000 | Cincinnati City School District, Hamilton County, Ohio, General Obligation Bonds, Series 2001, | 12/11 at 100.00 | AAA | 1,106,230 | ||||
5.375%, 12/01/15 - MBIA Insured | ||||||||
2,600 | Cincinnati City School District, Hamilton County, Ohio, General Obligation Bonds, Series 2002, | 12/12 at 100.00 | AAA | 2,833,922 | ||||
5.250%, 6/01/21 - FSA Insured | ||||||||
1,000 | Cleveland Municipal School District, Cuyahoga County, Ohio, General Obligation Bonds, Series 2004, | 6/14 at 100.00 | AAA | 1,067,760 | ||||
5.000%, 12/01/22 - FSA Insured | ||||||||
1,200 | Cuyahoga County, Ohio, General Obligation Bonds, Series 2004, 5.000%, 12/01/21 | 12/14 at 100.00 | AA+ | 1,295,244 | ||||
1,000 | Dayton, Ohio, General Obligation Bonds, Series 2004, 5.250%, 12/01/19 - AMBAC Insured | 6/14 at 100.00 | AAA | 1,102,040 | ||||
1,000 | Dublin, Ohio, Unlimited Tax Various Purpose Improvement Bonds, Series 2000A, 5.000%, 12/01/20 | 12/10 at 100.00 | Aaa | 1,064,540 | ||||
1,000 | Dublin City School District, Franklin, Delaware and Union Counties, Ohio, General Obligation Bonds, | 12/13 at 100.00 | AAA | 1,075,660 | ||||
Series 2003, 5.000%, 12/01/22 - FSA Insured | ||||||||
1,300 | Franklin County, Ohio, Limited Tax General Obligation Refunding Bonds, Series 1993, 5.375%, | 12/08 at 102.00 | AAA | 1,410,903 | ||||
12/01/20 | ||||||||
2,000 | Garfield Heights City School District, Cuyahoga County, Ohio, General Obligation School Improvement | 12/11 at 100.00 | Aaa | 2,091,040 | ||||
Bonds, Series 2001, 5.000%, 12/15/26 - MBIA Insured | ||||||||
1,160 | Kenston Local School District, Geauga County, Ohio, General Obligation Bonds, Series 2003, 5.000%, | 6/13 at 100.00 | Aaa | 1,247,754 | ||||
12/01/22 - MBIA Insured | ||||||||
2,000 | Lakota Local School District, Butler County, Ohio, Unlimited Tax General Obligation School | 6/11 at 100.00 | Aaa | 2,099,280 | ||||
Improvement and Refunding Bonds, Series 2001, 5.125%, 12/01/26 - FGIC Insured | ||||||||
1,000 | London City School District, Ohio, General Obligation School Facilities Construction and | 12/11 at 100.00 | Aaa | 1,039,470 | ||||
Improvement Bonds, Series 2001, 5.000%, 12/01/29 - FGIC Insured | ||||||||
2,000 | Louisville City School District, Ohio, General Obligation Bonds, Series 2001, 5.000%, 12/01/29 - | 12/11 at 100.00 | Aaa | 2,078,940 | ||||
FGIC Insured | ||||||||
1,515 | Massillon City School District, Ohio, General Obligation Bonds, Series 2003, 5.250%, 12/01/21 - | 12/12 at 100.00 | Aaa | 1,651,305 | ||||
MBIA Insured | ||||||||
760 | Middletown City School District, Butler County, Ohio, General Obligation Bonds, Series 2004, | 12/13 at 100.00 | Aaa | 808,617 | ||||
5.000%, 12/01/25 - FGIC Insured | ||||||||
1,260 | Morgan Local School District, Morgan, Muskingum and Washington Counties, Ohio, Unlimited Tax | 12/10 at 101.00 | AA | 1,415,169 | ||||
General Obligation School Improvement Bonds, Series 2000, 5.750%, 12/01/22 | ||||||||
3,000 | Ohio, General Obligation Bonds, Infrastructure Improvements, Series 2003F, 5.000%, 2/01/23 | 2/13 at 100.00 | AA+ | 3,208,680 | ||||
Olentangy Local School District, Deleware and Franklin Counties, Ohio, General Obligation Bonds, | ||||||||
Series 2004A: | ||||||||
1,315 | 5.250%, 12/01/23 - FGIC Insured | 6/14 at 100.00 | AAA | 1,436,559 | ||||
3,380 | 5.250%, 12/01/24 - FGIC Insured | 6/14 at 100.00 | AAA | 3,684,369 | ||||
1,510 | Painesville City School District, Ohio, General Obligation Bonds, Series 2004, 5.000%, 12/01/22 - | 12/14 at 100.00 | AAA | 1,622,374 | ||||
FGIC Insured | ||||||||
1,155 | Perry Local School District, Allen County, Ohio, General Obligation Bonds, Series 2001, 5.250%, | 12/11 at 101.00 | AAA | 1,257,252 | ||||
12/01/25 - AMBAC Insured | ||||||||
2,720 | Pickerington Local School District, Fairfield and Franklin Counties, Ohio, General Obligation | 12/11 at 100.00 | AAA | 2,828,936 | ||||
Bonds, School Facilities Construction and Improvement, Series 2001, 5.000%, 12/01/28 - FGIC | ||||||||
Insured | ||||||||
1,100 | Plain Local School District, Franklin and Licking Counties, Ohio, General Obligation Bonds, Series | 6/12 at 100.00 | Aaa | 1,225,697 | ||||
2002, 5.500%, 12/01/17 - FGIC Insured | ||||||||
280 | Plain Local School District, Franklin and Licking Counties, Ohio, General Obligation Bonds, Series | 6/11 at 100.00 | Aaa | 316,277 | ||||
2000, 6.000%, 12/01/20 - FGIC Insured | ||||||||
1,445 | Portage County, Ohio, General Obligation Bonds, Series 2001, 5.000%, 12/01/27 - FGIC Insured | 12/11 at 100.00 | AAA | 1,505,401 | ||||
1,000 | Princeton City School District, Butler County, Ohio, General Obligation Bonds, Series 2003, | 12/13 at 100.00 | AAA | 1,050,890 | ||||
5.000%, 12/01/30 - MBIA Insured | ||||||||
2,830 | Springfield Township, Hamilton County, Ohio, Various Purpose Limited Tax General Obligation Bonds, | 12/11 at 100.00 | Aa3 | 3,008,262 | ||||
Series 2002, 5.250%, 12/01/27 | ||||||||
2,000 | Strongsville, Ohio, General Obligation Bonds, Series 2001, 5.000%, 12/01/21 - FGIC Insured | 12/11 at 100.00 | Aaa | 2,131,460 | ||||
70 | Strongsville, Ohio, Limited Tax General Obligation Various Purpose Improvement Bonds, Series 1996, | 12/06 at 102.00 | Aa2 | 74,661 | ||||
5.950%, 12/01/21 | ||||||||
2,000 | Sugarcreek Local School District, Athens County, Ohio, General Obligation Bonds, Series 2003, | 12/13 at 100.00 | Aaa | 2,187,440 | ||||
5.250%, 12/01/27 - MBIA Insured | ||||||||
Warren City School District, Trumbull County, Ohio, General Obligation Bonds, Series 2004: | ||||||||
2,515 | 5.000%, 12/01/20 - FGIC Insured | 6/14 at 100.00 | AAA | 2,709,938 | ||||
1,170 | 5.000%, 12/01/22 - FGIC Insured | 6/14 at 100.00 | AAA | 1,253,316 | ||||
1,000 | West Chester Township, Butler County, Ohio, General Obligation Bonds, Series 2003, 5.000%, | 12/13 at 100.00 | Aaa | 1,052,360 | ||||
12/01/28 - MBIA Insured | ||||||||
2,000 | Westerville City School District, Franklin and Delaware Counties, Ohio, Various Purpose General | 6/11 at 100.00 | AAA | 2,078,020 | ||||
Obligation Bonds, Series 2001, 5.000%, 12/01/27 - MBIA Insured | ||||||||
1,000 | Westlake, Ohio, Various Purpose General Obligation Improvement and Refunding Bonds, Series 1997, | 12/08 at 101.00 | Aaa | 1,090,280 | ||||
5.550%, 12/01/17 | ||||||||
2,155 | Youngstown City School District, Mahoning County, Ohio, General Obligation Bonds, Series 2005, | 12/14 at 100.00 | AAA | 2,284,774 | ||||
5.000%, 12/01/25 - FSA Insured | ||||||||
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Tax Obligation/Limited - 7.2% (4.9% of Total Investments) | ||||||||
1,380 | Columbus, Ohio, Tax Increment Financing Bonds, Easton Project, Series 2004A, 5.000%, 12/01/25 - | 6/14 at 100.00 | AAA | 1,457,418 | ||||
AMBAC Insured | ||||||||
1,585 | Hamilton County Convention Facilities Authority, Ohio, First Lien Revenue Bonds, Series 2004, | 6/14 at 100.00 | AAA | 1,714,907 | ||||
5.000%, 12/01/18 - FGIC Insured | ||||||||
1,000 | Hudson City School District, Ohio, Certificates of Participation, Series 2004, 5.000%, 6/01/26 - | 6/14 at 100.00 | Aaa | 1,052,170 | ||||
MBIA Insured | ||||||||
New Albany Community Authority, Ohio, Community Facilities Revenue Refunding Bonds, Series 2001B: | ||||||||
1,000 | 5.500%, 10/01/15 - AMBAC Insured | 4/12 at 100.00 | AAA | 1,113,200 | ||||
1,000 | 5.500%, 10/01/17 - AMBAC Insured | 4/12 at 100.00 | AAA | 1,111,910 | ||||
1,000 | Ohio, State Appropriation Lease Bonds, Mental Health Capital Facilities, Series 2003B-II, 5.000%, | 6/13 at 100.00 | AA | 1,085,760 | ||||
6/01/16 | ||||||||
2,645 | Ohio State Building Authority, State Facilities Bonds, Adult Correctional Building Fund Project, | 4/14 at 100.00 | AAA | 2,930,739 | ||||
Series 2004A, 5.250%, 4/01/15 - MBIA Insured | ||||||||
800 | Ohio State Building Authority, State Facilities Bonds, Administrative Building Fund Projects, | 4/15 at 100.00 | AAA | 850,600 | ||||
Series 2005A, 5.000%, 4/01/25 - FSA Insured | ||||||||
250 | Ohio Department of Transportation, Certificates of Participation, Rickenbacker International | 10/05 at 100.00 | AA | 250,360 | ||||
Airport Improvements, Series 1996, 6.125%, 4/15/15 (Alternative Minimum Tax) | ||||||||
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Transportation - 7.8% (5.4% of Total Investments) | ||||||||
1,780 | Cleveland, Ohio, Airport System Revenue Bonds, Series 2000A, 5.250%, 1/01/16 - FSA Insured | 1/10 at 101.00 | AAA | 1,924,643 | ||||
3,430 | Cleveland, Ohio, Parking Facilities Revenue Refunding Bonds, Series 1996, 5.500%, 9/15/22 - MBIA | 9/06 at 102.00 | AAA | 3,607,262 | ||||
Insured | ||||||||
3,000 | Dayton, Ohio, Airport Revenue Bonds, James M. Cox International Airport, Series 2003C, 5.250%, | 12/13 at 100.00 | AA | 3,133,710 | ||||
12/01/23 (Alternative Minimum Tax) - RAAI Insured | ||||||||
1,500 | Dayton, Ohio, Special Facilities Revenue Refunding Bonds, Emery Air Freight Corporation and Emery | 2/08 at 102.00 | AAA | 1,609,275 | ||||
Worldwide Airlines Inc. - Guarantors, Series 1998A, 5.625%, 2/01/18 | ||||||||
2,000 | Ohio Turnpike Commission, Revenue Bonds, Series 1998A, 5.500%, 2/15/18 - FGIC Insured | No Opt. Call | AAA | 2,320,900 | ||||
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U.S. Guaranteed *** - 16.6% (11.4% of Total Investments) | ||||||||
2,295 | Puerto Rico, The Children's Trust Fund, Tobacco Settlement Asset-Backed Bonds, Series 2000, | 7/10 at 100.00 | AAA | 2,439,172 | ||||
5.750%, 7/01/20 (Pre-refunded to 7/01/10) | ||||||||
420 | Cleveland, Ohio, Waterworks Revenue Refunding and Improvement Bonds, Series 1998I, 5.000%, 1/01/28 | 1/08 at 101.00 | AAA | 446,452 | ||||
(Pre-refunded to 1/01/08) - FSA Insured | ||||||||
1,210 | Columbus, Ohio, Tax Increment Financing Bonds, Easton Project, Series 1999, 4.875%, 12/01/24 | 6/09 at 101.00 | AAA | 1,307,768 | ||||
(Pre-refunded to 6/01/09) - AMBAC Insured | ||||||||
1,710 | Franklin County, Ohio, First Mortgage Revenue, OCLC Inc. Project, Series 1979, 7.500%, 6/01/09 | 6/05 at 100.00 | AAA | 1,831,136 | ||||
2,110 | Hamilton County, Ohio, Sewer System Revenue and Improvement Bonds, Metropolitan Sewer District of | 6/10 at 101.00 | AAA | 2,389,448 | ||||
Greater Cincinnati, Series 2000A, 5.750%, 12/01/25 (Pre-refunded to 6/01/10) - MBIA Insured | ||||||||
1,000 | Hilliard School District, Ohio, General Obligation School Improvement Bonds, Series 2000, 5.750%, | 12/10 at 101.00 | AAA | 1,139,270 | ||||
12/01/24 (Pre-refunded to 12/01/10) - FGIC Insured | ||||||||
2,100 | Lakota Local School District, Butler County, Ohio, Unlimited Tax General Obligation School | 12/05 at 100.00 | AAA | 2,144,877 | ||||
Improvement Bonds, Series 1994, 6.250%, 12/01/14 (Pre-refunded to 12/01/05) - AMBAC Insured | ||||||||
4,315 | Ohio Capital Corporation for Housing, FHA-Insured Section 8 Assisted Mortgage Loan Revenue | 2/09 at 102.00 | N/R*** | 4,826,414 | ||||
Refunding Bonds, Series 1999G, 5.950%, 2/01/24 (Pre-refunded to 2/01/09) | ||||||||
1,000 | Ohio Water Development Authority, Fresh Water Loan Revenue Bonds, Series 1995, 5.900%, 12/01/21 | 6/05 at 102.00 | AAA | 1,022,980 | ||||
(Pre-refunded to 6/01/05) - AMBAC Insured | ||||||||
1,220 | Plain Local School District, Franklin and Licking Counties, Ohio, General Obligation Bonds, Series | 6/11 at 100.00 | Aaa | 1,403,805 | ||||
2000, 6.000%, 12/01/20 (Pre-refunded to 6/01/11) - FGIC Insured | ||||||||
1,000 | Southwest Ohio Regional Water District, Waterworks System Revenue Bonds, Series 1995, 6.000%, | 12/05 at 101.00 | AAA | 1,029,770 | ||||
12/01/20 (Pre-refunded to 12/01/05) - MBIA Insured | ||||||||
500 | Sylvania City School District, Ohio, Unlimited Tax General Obligation Bonds, Series 1995, 5.800%, | 12/05 at 101.00 | AAA | 514,295 | ||||
12/01/15 (Pre-refunded to 12/01/05) - FGIC Insured | ||||||||
1,000 | Upper Arlington City School District, Ohio, General Obligation Improvement Bonds, Series 1996, | 12/06 at 101.00 | AAA | 1,047,650 | ||||
5.250%, 12/01/22 (Pre-refunded to 12/01/06) - MBIA Insured | ||||||||
2,000 | Wayne Local School District, Warren County, Ohio, Unlimited Tax General Obligation School | 12/06 at 101.00 | AAA | 2,122,400 | ||||
Improvement Bonds, Series 1996, 6.100%, 12/01/24 (Pre-refunded to 12/01/06) - AMBAC Insured | ||||||||
3,000 | West Clermont Local School District, Clermont County, Ohio, Unlimited Tax General Obligation School | 12/05 at 100.00 | AAA | 3,059,760 | ||||
Improvement Bonds, Series 1995, 6.000%, 12/01/18 (Pre-refunded to 12/01/05) - AMBAC Insured | ||||||||
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Utilities - 7.0% (4.8% of Total Investments) | ||||||||
4,000 | American Municipal Power Ohio Inc., Wadsworth, Electric System Improvement Revenue Bonds, Series | 2/12 at 100.00 | Aaa | 4,243,040 | ||||
2002, 5.000%, 2/15/22 - MBIA Insured | ||||||||
2,000 | Ohio Municipal Electric Generation Agency, Beneficial Interest Certificates, Joint Venture 5, | 2/14 at 100.00 | AAA | 2,133,340 | ||||
American Municipal Power Ohio Inc., Belleville Hydroelectric Project, Series 2004, 5.000%, 2/15/20 - | ||||||||
AMBAC Insured | ||||||||
3,000 | Ohio Air Quality Development Authority, Revenue Bonds, JMG Funding Limited Partnership Project, | 4/07 at 102.00 | AAA | 3,172,680 | ||||
Series 1997, 5.625%, 1/01/23 (Alternative Minimum Tax) - AMBAC Insured | ||||||||
1,800 | Ohio Water Development Authority, Solid Waste Disposal Revenue Bonds, Bay Shore Power, Series | 9/08 at 102.00 | N/R | 1,811,448 | ||||
1998A, 5.875%, 9/01/20 (Alternative Minimum Tax) | ||||||||
|
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Water and Sewer - 8.9% (6.2% of Total Investments) | ||||||||
Cincinnati, Ohio, Water System Revenue Bonds, Series 2001: | ||||||||
1,000 | 5.500%, 12/01/17 | 6/11 at 100.00 | AA+ | 1,107,520 | ||||
3,510 | 5.000%, 12/01/18 | 6/11 at 100.00 | AA+ | 3,762,158 | ||||
3,000 | 5.000%, 12/01/19 | 6/11 at 100.00 | AA+ | 3,215,520 | ||||
1,000 | 5.000%, 12/01/20 | 6/11 at 100.00 | AA+ | 1,061,300 | ||||
2,000 | Cincinnati, Ohio, Water System Revenue Bonds, Series 2003, 5.000%, 12/01/22 | 6/11 at 100.00 | AA+ | 2,122,600 | ||||
1,000 | Cleveland, Ohio, Waterworks First Mortgage Revenue Refunding and Improvement Bonds, Series 1993G, | No Opt. Call | AAA | 1,165,070 | ||||
5.500%, 1/01/21 - MBIA Insured | ||||||||
40 | Cleveland, Ohio, Waterworks First Mortgage Revenue Refunding and Improvement Bonds, Series 1996H, | 1/06 at 102.00 | AAA | 41,473 | ||||
5.750%, 1/01/26 - MBIA Insured | ||||||||
580 | Cleveland, Ohio, Waterworks Revenue Refunding and Improvement Bonds, Series 1998I, 5.000%, | 1/08 at 101.00 | AAA | 602,724 | ||||
1/01/28 - FSA Insured | ||||||||
1,220 | Hamilton, Ohio, Wastewater System Revenue Bonds, Series 2005, 5.250%, 10/01/22 - FSA Insured | 10/15 at 100.00 | Aaa | 1,343,757 | ||||
|
||||||||
$ 220,165 | Total Long-Term Investments (cost $221,640,505) - 145.2% | 234,454,322 | ||||||
|
|
|||||||
Other Assets Less Liabilities - 2.5% | 4,035,719 | |||||||
|
||||||||
Preferred Shares, at Liquidation Value - (47.7)% | (77,000,000) | |||||||
|
||||||||
Net Assets Applicable to Common Shares - 100% | $161,490,041 | |||||||
|
(1) | All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares | |
unless otherwise noted. | ||
* | Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There | |
may be other call provisions at varying prices at later dates. | ||
** | Ratings: Using the higher of Standard & Poor's or Moody's rating. | |
*** | Securities are backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency | |
securities which ensures the timely payment of principal and interest. Such securities are normally considered | ||
to be equivalent to AAA rated securities. | ||
N/R | Investment is not rated. |
Income Tax Information | ||
The following information is presented on an income tax basis. Differences between amounts for financial statement | ||
and federal income tax purposes are primarily due to timing differences in recognizing income on taxable market | ||
discount securities and timing differences in recognizing certain gains and losses on security transactions. | ||
At April 30, 2005, the cost of investments was $221,589,844. | ||
Gross unrealized appreciation and gross unrealized depreciation of investments at April 30, 2005, were as | ||
follows: | ||
|
||
Gross unrealized: | ||
Appreciation | $12,882,282 | |
Depreciation | (17,804) | |
|
||
Net unrealized appreciation of investments | $12,864,478 |
Item 2. Controls and Procedures.
Item 3. Exhibits.
File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Nuveen Ohio Quality Income Municipal Fund, Inc.
By (Signature and Title)* /s/ Jessica R. Droeger--Vice President and Secretary
Date 06/29/05
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Gifford R. Zimmerman--Chief Administrative Officer (principal executive officer)
Date 06/29/05
By (Signature and Title)* /s/ Stephen D. Foy--Vice President and Controller (principal financial officer)
Date 06/29/05
* Print the name and title of each signing officer under his or her signature.