Unassociated Document



 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
 
Investment Company Act file number 811-6385
 
Nuveen Ohio Quality Income Municipal Fund
(Exact name of registrant as specified in charter)
 
Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)
 

Kevin J. McCarthy
Vice 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:            2/28          
 
Date of reporting period:         5/31/13         
 
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 (NUO) 
     
   
May 31, 2013 
     
 
 
 
 
Principal 
   
Optional Call 
   
Amount (000) 
 
Description (1) 
Provisions (2) 
Ratings (3) 
Value 
   
Consumer Staples – 7.8% (5.3% of Total Investments) 
     
$     400 
 
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue 
No Opt. Call 
A1 
$     444,396 
   
Bonds, Senior Lien, Series 2007A-1, 5.000%, 6/01/16 
     
   
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue 
     
   
Bonds, Senior Lien, Series 2007A-2: 
     
7,500 
 
5.125%, 6/01/24 
6/17 at 100.00 
B– 
7,040,250 
18,995 
 
5.875%, 6/01/47 
6/17 at 100.00 
B
17,232,451 
200 
 
Puerto Rico, The Children’s Trust Fund, Tobacco Settlement Asset-Backed Refunding Bonds, 
11/13 at 100.00 
BBB+ 
202,248 
   
Series 2002, 5.375%, 5/15/33 
     
27,095 
 
Total Consumer Staples 
   
24,919,345 
   
Education and Civic Organizations – 10.0% (6.8% of Total Investments) 
     
3,000 
 
Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Revenue Bonds, 
5/23 at 100.00 
A+ 
3,250,740 
   
Children’s Hospital Medical Center, Improvement Series 2013, 5.000%, 11/15/38 
     
   
Miami University of Ohio, General Receipts Bonds, Series 2011: 
     
130 
 
5.000%, 9/01/33 
No Opt. Call 
AA 
146,392 
1,960 
 
5.000%, 9/01/36 
9/21 at 100.00 
AA 
2,190,574 
   
Miami University of Ohio, General Receipts Bonds, Series 2012: 
     
480 
 
4.000%, 9/01/32 
9/22 at 100.00 
AA 
494,400 
1,000 
 
4.000%, 9/01/33 
9/22 at 100.00 
AA 
1,024,460 
3,150 
 
Ohio Higher Education Facilities Commission, General Revenue Bonds, Kenyon College, Series 
7/16 at 100.00 
A+ 
3,250,107 
   
2006, 5.000%, 7/01/41 
     
1,750 
 
Ohio Higher Education Facilities Commission, General Revenue Bonds, Oberlin College, Series 
10/13 at 100.00 
AA 
1,775,533 
   
2003, 5.125%, 10/01/24 
     
   
Ohio Higher Education Facilities Commission, Revenue Bonds, Ohio Northern University, Series 2002: 
     
865 
 
5.750%, 5/01/16 
11/13 at 100.00 
Baa2 
867,578 
2,650 
 
5.000%, 5/01/22 
11/13 at 100.00 
Baa2 
2,652,862 
   
Ohio Higher Education Facilities Commission, Revenue Bonds, Wittenberg University, Series 2005: 
     
1,150 
 
5.000%, 12/01/24 
12/15 at 100.00 
Ba2 
1,151,334 
1,000 
 
5.000%, 12/01/29 
12/15 at 100.00 
Ba2 
979,110 
2,420 
 
Ohio Higher Educational Facilities Commission, General Revenue Bonds, University of Dayton, 
12/16 at 100.00 
A
2,648,690 
   
2006 Project, Series 2006, 5.000%, 12/01/30 – AMBAC Insured 
     
   
Ohio Higher Educational Facilities Commission, Revenue Bonds, Denison University Project, 
     
   
Series 2012: 
     
120 
 
5.000%, 11/01/27 
5/22 at 100.00 
AA 
138,415 
590 
 
5.000%, 11/01/32 
5/22 at 100.00 
AA 
665,213 
1,250 
 
Ohio Higher Educational Facilities Commission, Revenue Bonds, University of Dayton, Tender 
12/22 at 100.00 
A
1,726,800 
   
Option Bond Trust 1144, 23.203%, 12/01/43 (IF) (4) 
     
1,575 
 
Ohio Higher Educational Facilities Commission, Revenue Bonds, Wittenberg University, Series 
12/13 at 100.00 
Ba2 
1,576,843 
   
2001, 5.500%, 12/01/15 
     
1,500 
 
Ohio State Higher Education Facilities, Revenue Bonds, Case Western Reserve University, Series 
12/16 at 100.00 
AA– 
1,600,575 
   
2006, 5.000%, 12/01/44 – NPFG Insured 
     
3,000 
 
Ohio State Higher Educational Facility Commission, Higher Education Facility Revenue Bonds, 
11/18 at 100.00 
A– 
3,354,660 
   
Xavier University 2008C, 5.750%, 5/01/28 
     
950 
 
Ohio State, Higher Educational Facility Revenue Bonds, Otterbein College Project, Series 
12/18 at 100.00 
A3 
1,054,092 
   
2008A, 5.500%, 12/01/28 
     
1,000 
 
Ohio University at Athens, General Receipts Bonds, Series 2013, 5.000%, 12/01/39 (WI/DD, 
12/22 at 100.00 
Aa3 
1,097,030 
   
Settling 6/05/13) 
     
29,540 
 
Total Education and Civic Organizations 
   
31,645,408 
   
Health Care – 27.2% (18.5% of Total Investments) 
     
65 
 
Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Facilities Revenue 
11/14 at 100.00 
Baa1 
66,684 
   
Bonds, Summa Health System, Series 2004A, 5.500%, 11/15/34 – RAAI Insured 
     
1,950 
 
Allen County, Ohio, Hospital Facilities Revenue Bonds, Catholic Healthcare Partners, Series 
6/20 at 100.00 
AA– 
2,151,962 
   
2010A, 5.250%, 6/01/38 
     
3,500 
 
Butler County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2010, 5.500%, 11/01/40 
11/20 at 100.00 
BBB+ 
3,816,365 
6,575 
 
Butler County, Ohio, Hospital Facilities Revenue Bonds, Cincinnati Children’s Medical Center 
5/16 at 100.00 
N/R 
6,753,643 
   
Project, Series 2006K, 5.000%, 5/15/31 – FGIC Insured 
     
   
Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children’s Hospital Project, 
     
   
Improvement Series 2009: 
     
250 
 
5.000%, 11/01/34 
11/19 at 100.00 
Aa2 
271,768 
2,615 
 
5.250%, 11/01/40 
11/19 at 100.00 
Aa2 
2,886,489 
2,470 
 
Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children’s Hospital Project, Series 
11/18 at 100.00 
Aa2 
2,626,104 
   
2005, 5.000%, 11/01/40 
     
250 
 
Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Series 2011A, 
11/21 at 100.00 
AA+ 
272,745 
   
5.000%, 11/15/41 
     
4,480 
 
Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Tender Option Bond 
11/21 at 100.00 
AA+ 
5,295,181 
   
Trust 11-21B, 9.294%, 11/15/41 (IF) (4) 
     
   
Hamilton County, Ohio, Revenue Bonds, Children’s Hospital Medical Center, Series 2004J: 
     
2,455 
 
5.250%, 5/15/16 – FGIC Insured 
5/14 at 100.00 
A
2,541,244 
3,260 
 
5.125%, 5/15/28 – FGIC Insured 
5/14 at 100.00 
A
3,299,022 
3,225 
 
Hancock County, Ohio, Hospital Revenue Bonds, Blanchard Valley Regional Health Center, Series 
6/21 at 100.00 
A2 
3,771,734 
   
2011A, 6.250%, 12/01/34 
     
1,865 
 
Lake County, Ohio, Hospital Facilities Revenue Bonds, Lake Hospital System, Inc., Refunding 
8/18 at 100.00 
A3 
2,060,266 
   
Series 2008C, 6.000%, 8/15/43 
     
   
Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series 2008D: 
     
90 
 
5.000%, 11/15/38 
11/18 at 100.00 
AA 
96,891 
40 
 
5.125%, 11/15/40 
11/18 at 100.00 
AA 
43,109 
3,965 
 
Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series 
11/21 at 100.00 
AA 
4,712,162 
   
2011A, 6.000%, 11/15/41 
     
1,500 
 
Miami County, Ohio, Hospital Facilities Revenue Refunding Bonds, Upper Valley Medical Center 
5/16 at 100.00 
A2 
1,626,540 
   
Inc., Series 2006, 5.250%, 5/15/21 
     
820 
 
Middleburg Heights, Ohio, Hospital Facilities Revenue Bonds, Southwest General Health Center 
8/21 at 100.00 
A2 
892,258 
   
Project, Refunding Series 2011, 5.250%, 8/01/41 
     
   
Montgomery County, Ohio, Revenue Bonds, Catholic Health Initiatives, Series 2004A: 
     
3,700 
 
5.000%, 5/01/30 
5/14 at 100.00 
AA– 
3,806,486 
2,500 
 
5.000%, 5/01/32 
5/14 at 100.00 
AA– 
2,571,950 
6,105 
 
Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated 
2/23 at 100.00 
BB+ 
6,010,311 
   
Group Project, Series 2013, 5.000%, 2/15/44 
     
95 
 
Ohio Higher Educational Facilities Commission, Revenue Bonds, University Hospitals Health 
1/17 at 100.00 
AA+ 
104,927 
   
System Inc., Series 2007A, 5.250%, 1/15/46 – BHAC Insured 
     
   
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Cleveland Clinic 
     
   
Health System Obligated Group, Series 2008A: 
     
3,000 
 
5.000%, 1/01/25 
1/18 at 100.00 
Aa2 
3,305,730 
240 
 
5.250%, 1/01/33 
1/18 at 100.00 
Aa2 
262,687 
   
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, Summa Health 
     
   
System Project, Series 2010: 
     
1,500 
 
5.750%, 11/15/40 – AGM Insured 
5/20 at 100.00 
AA– 
1,651,050 
1,520 
 
5.250%, 11/15/40 – AGM Insured 
5/20 at 100.00 
AA– 
1,627,312 
1,500 
 
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System 
1/19 at 100.00 
Aa2 
1,720,905 
   
Obligated Group, Series 2009A, 5.500%, 1/01/39 
     
   
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System 
     
   
Obligated Group, Tender Option Bond Trust 3551: 
     
875 
 
20.128%, 1/01/17 (IF) 
No Opt. Call 
Aa2 
1,147,405 
5,350 
 
20.245%, 1/01/33 (IF) 
1/19 at 100.00 
Aa2 
8,501,578 
1,640 
 
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System 
No Opt. Call 
Aa2 
2,606,091 
   
Obligated Group, Tender Option Bond Trust 3591, 20.403%, 1/01/17 (IF) 
     
2,300 
 
Richland County, Ohio, Hospital Revenue Bonds, MidCentral Health System Group, Series 2006, 
11/16 at 100.00 
A– 
2,398,302 
   
5.250%, 11/15/36 
     
   
Ross County, Ohio, Hospital Revenue Refunding Bonds, Adena Health System Series 2008: 
     
1,425 
 
5.750%, 12/01/28 
12/18 at 100.00 
A– 
1,621,166 
1,385 
 
5.750%, 12/01/35 – AGC Insured 
12/18 at 100.00 
A– 
1,562,197 
1,000 
 
5.750%, 12/01/35 – AGC Insured 
12/18 at 100.00 
AA– 
1,097,790 
   
Wood County, Ohio, Hospital Facilities Refunding and Improvement Revenue Bonds, Wood County 
     
   
Hospital Project, Series 2012: 
     
635 
 
5.000%, 12/01/37 
No Opt. Call 
Baa2 
660,571 
2,670 
 
5.000%, 12/01/42 
No Opt. Call 
Baa2 
2,773,329 
76,815 
 
Total Health Care 
   
86,613,954 
   
Housing/Multifamily – 3.2% (2.2% of Total Investments) 
     
1,385 
 
Clermont County, Ohio, GNMA Collateralized Mortgage Revenue Bonds, S.E.M. Villa II Project, 
8/13 at 100.00 
Aaa 
1,387,798 
   
Series 1994A, 5.950%, 2/20/30 
     
1,165 
 
Cleveland-Cuyahoga County Port Authority, Ohio, Lease Revenue Bonds, Euclid Avenue Housing 
8/15 at 100.00 
N/R 
1,166,107 
   
Corporation – Fenn Tower Project, Series 2005, 5.000%, 8/01/23 – AMBAC Insured 
     
920 
 
Franklin County, Ohio, GNMA Collateralized Multifamily Housing Mortgage Revenue Bonds, Agler 
5/14 at 100.00 
Aaa 
930,966 
   
Project, Series 2002A, 5.550%, 5/20/22 (Alternative Minimum Tax) 
     
1,600 
 
Montgomery County, Ohio, GNMA Guaranteed Multifamily Housing Revenue Bonds, Canterbury Court 
10/18 at 101.00 
Aa1 
1,730,880 
   
Project, Series 2007, 5.500%, 10/20/42 (Alternative Minimum Tax) 
     
1,250 
 
Ohio Housing Finance Agency, FHA-Insured Multifamily Housing Mortgage Revenue Bonds, Madonna 
6/16 at 102.00 
AA+ 
1,296,838 
   
Homes, Series 2006M, 4.900%, 6/20/48 (Alternative Minimum Tax) 
     
3,390 
 
Summit County Port Authority, Ohio, Multifamily Housing Revenue Bonds, Callis Tower Apartments 
9/17 at 102.00 
AA+ 
3,603,740 
   
Project, Series 2007, 5.250%, 9/20/47 (Alternative Minimum Tax) 
     
9,710 
 
Total Housing/Multifamily 
   
10,116,329 
   
Housing/Single Family – 0.1% (0.0% of Total Investments) 
     
190 
 
Ohio Housing Finance Agency, Residential Mortgage Revenue Bonds, Mortgage-Backed Securities 
9/15 at 100.00 
Aaa 
194,799 
   
Program, Series 2006H, 5.000%, 9/01/31 (Alternative Minimum Tax) 
     
   
Industrials – 2.6% (1.8% of Total Investments) 
     
2,055 
 
Cleveland-Cuyahoga County Port Authority, Ohio, Common Bond Fund Revenue Bonds, Cleveland 
5/14 at 100.00 
BBB+ 
2,070,926 
   
Christian Home Project, Series 2002C, 5.950%, 5/15/22 
     
835 
 
Cleveland-Cuyahoga County Port Authority, Ohio, Development Revenue Bonds, Bond Fund Program – 
11/15 at 100.00 
BBB+ 
845,730 
   
Columbia National Group Project, Series 2005D, 5.000%, 5/15/20 (Alternative Minimum Tax) 
     
820 
 
Cleveland-Cuyahoga County Port Authority, Ohio, Development Revenue Bonds, Jergens Inc., 
11/13 at 100.00 
BBB+ 
823,936 
   
Series 1998A, 5.375%, 5/15/18 (Alternative Minimum Tax) 
     
3,450 
 
Toledo-Lucas County Port Authority, Ohio, Revenue Refunding Bonds, CSX Transportation Inc., 
No Opt. Call 
Baa2 
4,431,353 
   
Series 1992, 6.450%, 12/15/21 
     
1,600 
 
Western Reserve Port Authority, Ohio, Solid Waste Facility Revenue Bonds, Central Waste Inc., 
7/17 at 102.00 
N/R 
224,720 
   
Series 2007A, 6.350%, 7/01/27 (Alternative Minimum Tax) (5) 
     
8,760 
 
Total Industrials 
   
8,396,665 
   
Long-Term Care – 1.1% (0.7% of Total Investments) 
     
895 
 
Franklin County, Ohio, Healthcare Facilities Revenue Bonds, Ohio Presbyterian Retirement 
7/21 at 100.00 
BBB 
986,523 
   
Services, Improvement Series 2010A, 5.625%, 7/01/26 
     
2,220 
 
Montgomery County, Ohio, Health Care and Multifamily Housing Revenue Bonds, Saint Leonard, 
4/20 at 100.00 
BBB– 
2,458,250 
   
Refunding & improvement Series 2010, 6.625%, 4/01/40 
     
3,115 
 
Total Long-Term Care 
   
3,444,773 
   
Materials – 0.7% (0.4% of Total Investments) 
     
2,000 
 
Toledo-Lucas County Port Authority, Ohio, Port Revenue Bonds, Cargill Inc., Series 2004B, 
No Opt. Call 
A
2,117,560 
   
4.500%, 12/01/15 
     
   
Tax Obligation/General – 29.6% (20.1% of Total Investments) 
     
125 
 
Barberton City School District, Summit County, Ohio, General Obligation Bonds, School 
6/18 at 100.00 
AA 
141,089 
   
Improvement Series 2008, 5.250%, 12/01/31 
     
   
Butler County, Ohio, General Obligation Bonds, Series 2002: 
     
110 
 
5.000%, 12/01/21 – NPFG Insured 
12/13 at 100.00 
Aa1 
112,517 
100 
 
5.000%, 12/01/22 – NPFG Insured 
12/13 at 100.00 
Aa1 
102,288 
   
Central Ohio Solid Waste Authority, General Obligation Bonds, Refunding & Improvements, 
     
   
Series 2012: 
     
1,250 
 
5.000%, 12/01/26 – AMBAC Insured 
6/22 at 100.00 
AAA 
1,467,075 
2,790 
 
5.000%, 12/01/28 – AGM Insured 
6/22 at 100.00 
AAA 
3,228,449 
1,765 
 
5.000%, 12/01/29 – AGM Insured 
6/22 at 100.00 
AAA 
2,033,351 
   
Cincinnati, Ohio, General Obligation Bonds, Various Purpose Series 2012A: 
     
1,960 
 
5.000%, 12/01/31 
12/20 at 100.00 
AA+ 
2,209,606 
875 
 
5.000%, 12/01/32 
12/20 at 100.00 
AA+ 
983,316 
1,000 
 
Cleveland Municipal School District, Cuyahoga County, Ohio, General Obligation Bonds, Series 
6/14 at 100.00 
AA 
1,043,850 
   
2004, 5.000%, 12/01/15 – AGM Insured 
     
2,000 
 
Cleveland, Ohio, General Obligation Bonds, Series 2011, 5.000%, 12/01/29 
12/19 at 100.00 
AA 
2,180,960 
1,140 
 
Columbia Local School District, Lorain County, Ohio, General Obligation Bonds, School 
11/21 at 100.00 
A1 
1,272,947 
   
Facilities Improvement Series 2011, 5.000%, 11/01/39 – AGM Insured 
     
   
Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Series 2006: 
     
4,310 
 
0.000%, 12/01/27 – AGM Insured 
No Opt. Call 
AA+ 
2,619,058 
5,835 
 
0.000%, 12/01/28 – AGM Insured 
No Opt. Call 
AA+ 
3,379,399 
   
Franklin County, Ohio, General Obligation Bonds, Series 2007: 
     
3,355 
 
5.000%, 12/01/27 
12/17 at 100.00 
AAA 
3,822,016 
1,840 
 
5.000%, 12/01/28 
12/17 at 100.00 
AAA 
2,086,744 
2,620 
 
Green, Ohio, General Obligation Bonds, Series 2008, 5.500%, 12/01/32 
12/15 at 100.00 
AA+ 
2,840,630 
1,355 
 
Grove City, Ohio, General Obligation Bonds, Construction & Improvement Series 2009, 
12/19 at 100.00 
Aa1 
1,522,627 
   
5.125%, 12/01/36 
     
12,750 
 
Hamilton City School District, Ohio, General Obligation Bonds, Series 2007, 5.000%, 12/01/34 – 
6/17 at 100.00 
AA– 
13,653,210 
   
AGM Insured 
     
6,580 
 
Indian Lake Local School District, Logan and Auglaize Counties, Ohio, School Facilities 
6/17 at 100.00 
Aa3 
7,112,519 
   
Improvement and Refunding Bonds, Series 2007, 5.000%, 12/01/34 – NPFG Insured 
     
2,160 
 
Kenston Local School District, Geauga County, Ohio, General Obligation Bonds, Series 2011, 
No Opt. Call 
Aa1 
1,791,158 
   
0.000%, 12/01/21 
     
   
Lakewood City School District, Cuyahoga County, Ohio, General Obligation Bonds, Series 2007: 
     
1,010 
 
5.000%, 12/01/25 – FGIC Insured 
12/17 at 100.00 
Aa2 
1,160,662 
775 
 
5.000%, 12/01/30 – FGIC Insured 
12/17 at 100.00 
Aa2 
859,297 
2,620 
 
Lucas County, Ohio, General Obligation Bonds, Various Purpose Series 2010, 5.000%, 10/01/40 
10/18 at 100.00 
Aa2 
2,802,195 
3,015 
 
Marysville Exempted School District, Union County, Ohio, General Obligation Bonds, Series 
12/15 at 100.00 
AA– 
3,318,249 
   
2006, 5.000%, 12/01/25 – AGM Insured 
     
4,500 
 
Middletown City School District, Butler County, Ohio, General Obligation Bonds, Refunding 
No Opt. Call 
A2 
5,445,360 
   
Series 2007, 5.250%, 12/01/31 – AGM Insured 
     
1,500 
 
Milford Exempted Village School District, Ohio, General Obligation Bonds, Series 2008, 
12/18 at 100.00 
Aa3 
1,643,415 
   
5.250%, 12/01/36 
     
1,305 
 
Monroe Local School District, Butler County, Ohio, General Obligation Bonds, Series 2006, 
No Opt. Call 
Baa1 
1,575,448 
   
5.500%, 12/01/24 – AMBAC Insured 
     
725 
 
Napoleon City School District, Henry County, Ohio, General Obligation Bonds, Facilities 
6/22 at 100.00 
Aa3 
800,386 
   
Construction & Improvement Series 2012, 5.000%, 12/01/36 
     
2,500 
 
New Albany Plain Local School District, Franklin County, Ohio, General Obligation Bonds, 
12/22 at 100.00 
AA+ 
2,489,073 
   
Refunding School Improvement Series 2013, 4.000%, 12/01/43 
     
3,665 
 
Newark City School District, Licking County, Ohio, General Obligation Bonds, Series 2005, 
12/15 at 100.00 
Aa3 
3,950,284 
   
5.000%, 12/01/28 – FGIC Insured 
     
2,300 
 
Northmor Local School District, Morrow County, Ohio, General Obligation School Facilities 
11/18 at 100.00 
Aa2 
2,478,710 
   
Construction and Improvement Bonds, Series 2008, 5.000%, 11/01/36 
     
500 
 
Oak Hills Local School District, Hamilton County, Ohio, General Obligation Bonds, Refunding 
12/15 at 100.00 
AA– 
546,385 
   
Series 2005, 5.000%, 12/01/24 – AGM Insured 
     
1,000 
 
Ohio State, General Obligation Highway Capital Improvement Bonds, Series 2012Q, 5.000%, 5/01/28 
5/22 at 100.00 
AAA 
1,168,640 
500 
 
Olentangy Local School District, Delaware and Franklin Counties, Ohio, General Obligation 
6/18 at 100.00 
AA+ 
555,230 
   
Bonds, Series 2008, 5.000%, 12/01/36 
     
1,510 
 
Painesville City School District, Ohio, General Obligation Bonds, Series 2004, 5.000%, 
12/14 at 100.00 
A1 
1,601,914 
   
12/01/22 – FGIC Insured 
     
5,000 
 
South Euclid, Ohio, General Obligation Bonds, Real Estate Acquisition and Urban Redevelopment, 
6/22 at 100.00 
Aa2 
5,463,700 
   
Series 2012, 5.000%, 6/01/42 
     
2,250 
 
South-Western City School District, Franklin and Pickaway Counties, Ohio, General Obligation 
6/22 at 100.00 
AA 
2,520,630 
   
Bonds, School Facilities Construction & Improvement Series 2012, 5.000%, 12/01/36 
     
70 
 
Strongsville, Ohio, Limited Tax General Obligation Various Purpose Improvement Bonds, Series 
6/13 at 100.00 
Aaa 
70,324 
   
1996, 5.950%, 12/01/21 
     
700 
 
Sylvania City School District, Lucas County, Ohio, General Obligation Bonds, School 
6/17 at 100.00 
Aa2 
783,230 
   
Improvement Series 1995, 5.250%, 12/01/36 – AGC Insured 
     
1,000 
 
Vandalia Butler City School District, Montgomery County, Ohio, General Obligation Bonds, 
6/19 at 100.00 
Aa2 
1,086,460 
   
School Improvement Series 2009, 5.125%, 12/01/37 
     
90,365 
 
Total Tax Obligation/General 
   
93,922,401 
   
Tax Obligation/Limited – 26.4% (18.0% of Total Investments) 
     
125 
 
Cincinnati City School District, Ohio, Certificates of Participation, Series 2006, 5.000%, 
12/16 at 100.00 
Aa2 
137,019 
   
12/15/32 – AGM Insured 
     
   
Cleveland, Ohio, Income Tax Revenue Bonds, Bridges and Roadways Improvements, Subordinate 
     
   
Lien Series 2013A-2: 
     
1,315 
 
5.000%, 10/01/27 
10/23 at 100.00 
AA 
1,527,780 
1,520 
 
5.000%, 10/01/30 
10/23 at 100.00 
AA 
1,741,038 
1,600 
 
5.000%, 10/01/31 
10/23 at 100.00 
AA 
1,820,672 
6,750 
 
Cuyahoga County, Ohio, Recovery Zone Facility Economic Development Revenue Bonds, Medical 
12/20 at 100.00 
AA 
7,586,393 
   
Mart- Convention Center Project, Series 2010F, 5.000%, 12/01/27 
     
300 
 
Delaware County District Library, Delaware, Franklin, Marion, Morrow and Union Counties, Ohio, 
12/19 at 100.00 
Aa2 
330,447 
   
Library Fund Library Facilities Special Obligation Notes, Series 2009, 5.000%, 12/01/34 
     
5,000 
 
Franklin County Convention Facilities Authority, Ohio, Excise Tax and Lease Revenue 
12/15 at 100.00 
Aaa 
5,418,600 
   
Anticipation Bonds, Series 2005, 5.000%, 12/01/27 – AMBAC Insured 
     
2,490 
 
Government of Guam, Business Privilege Tax Bonds, Series 2011A, 5.125%, 1/01/42 
1/22 at 100.00 
A
2,705,883 
1,055 
 
Government of Guam, Business Privilege Tax Bonds, Series 2012B-1, 5.000%, 1/01/42 
1/22 at 100.00 
A
1,136,931 
   
Greater Cleveland Regional Transit Authority, Ohio, Sales Tax Supported Capital Improvement 
     
   
Bonds, Refunding Series 2012: 
     
1,010 
 
5.250%, 12/01/27 
12/21 at 100.00 
AAA 
1,178,216 
1,090 
 
5.250%, 12/01/28 
12/21 at 100.00 
AAA 
1,265,261 
760 
 
5.250%, 12/01/30 
12/21 at 100.00 
AAA 
877,899 
600 
 
5.000%, 12/01/31 
12/21 at 100.00 
AAA 
671,526 
   
Hamilton County Convention Facilities Authority, Ohio, First Lien Revenue Bonds, Series 2004: 
     
1,085 
 
5.000%, 12/01/18 – FGIC Insured 
6/14 at 100.00 
A+ 
1,128,693 
1,415 
 
5.000%, 12/01/21 – FGIC Insured 
6/14 at 100.00 
A+ 
1,470,525 
7,250 
 
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Lien, Series 2006A, 5.000%, 12/01/32 – 
12/16 at 100.00 
A+ 
7,841,673 
   
AMBAC Insured 
     
5,565 
 
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Series 2000B, 0.000%, 12/01/28 – 
No Opt. Call 
AA– 
2,964,364 
   
AGM Insured 
     
5,000 
 
Hamilton County, Ohio, Sales Tax Revenue Bonds, Refunding Series 2011A, 5.000%, 12/01/31 
12/21 at 100.00 
A+ 
5,491,400 
1,750 
 
Hudson City School District, Ohio, Certificates of Participation, Series 2012, 4.000%, 6/01/34 – 
6/22 at 100.00 
Aa3 
1,749,755 
   
NPFG Insured 
     
11,500 
 
JobsOhio Beverage System, Ohio, Statewide Senior Lien Liquor Profits Revenue Bonds, Tax Exempt 
1/23 at 100.00 
AA 
12,565,590 
   
Series 2013A, 5.000%, 1/01/38 (UB) (4) 
     
   
JobsOhio Beverage System, Ohio, Statewide Senior Lien Liquor Profits Revenue Bonds, Tender 
     
   
Option Bond Trust 1157: 
     
1,250 
 
17.437%, 1/01/38 (IF) (4) 
1/23 at 100.00 
AA 
1,713,300 
875 
 
17.437%, 1/01/38 (IF) (4) 
1/23 at 100.00 
AA 
1,199,310 
175 
 
17.370%, 1/01/38 (IF) (4) 
1/23 at 100.00 
AA 
239,603 
1,000 
 
New Albany Community Authority, Ohio, Community Facilities Revenue Refunding Bonds, Series 
10/22 at 100.00 
A1 
1,153,570 
   
2012C, 5.000%, 10/01/24 
     
32,500 
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series 
No Opt. Call 
A+ 
9,726,925 
   
2009A, 0.000%, 8/01/34 
     
18,900 
 
Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, First Subordinate Series 
No Opt. Call 
A+ 
5,293,134 
   
2010A, 0.000%, 8/01/35 
     
   
Riversouth Authority, Ohio, Riversouth Area Redevelopment Bonds, Refunding Series 2012A: 
     
1,645 
 
5.000%, 12/01/23 
12/22 at 100.00 
AA+ 
1,936,527 
1,200 
 
5.000%, 12/01/24 
12/22 at 100.00 
AA+ 
1,400,256 
   
Vermilion Local School District, East and Lorain Counties, Ohio, Certificates of 
     
   
Participation, Series 2012: 
     
765 
 
5.000%, 12/01/24 
No Opt. Call 
Aa3 
884,294 
805 
 
5.000%, 12/01/25 
12/20 at 100.00 
Aa3 
922,200 
116,295 
 
Total Tax Obligation/Limited 
   
84,078,784 
   
Transportation – 3.0% (2.0% of Total Investments) 
     
1,500 
 
Cleveland, Ohio, Airport System Revenue Bonds, Series 2012A, 5.000%, 1/01/31 – AGM Insured 
1/22 at 100.00 
AA– 
1,664,940 
3,475 
 
Dayton, Ohio, Airport Revenue Bonds, James M. Cox International Airport, Series 2003C, 5.250%, 
12/13 at 100.00 
A– 
3,512,982 
   
12/01/23 – RAAI Insured (Alternative Minimum Tax) 
     
3,550 
 
Ohio Turnpike Commission, Revenue Refunding Bonds, Series 1998A, 5.500%, 2/15/18 – FGIC Insured 
No Opt. Call 
AA 
4,262,095 
8,525 
 
Total Transportation 
   
9,440,017 
   
U.S. Guaranteed – 23.1% (15.7% of Total Investments) (6) 
     
   
Butler County, Ohio, General Obligation Bonds, Series 2002: 
     
1,235 
 
5.000%, 12/01/21 (Pre-refunded 12/01/13) – NPFG Insured 
12/13 at 100.00 
Aa1 (6) 
1,264,455 
1,100 
 
5.000%, 12/01/22 (Pre-refunded 12/01/13) – NPFG Insured 
12/13 at 100.00 
Aa1 (6) 
1,126,235 
3,000 
 
Centerville City School District, Montgomery County, Ohio, General Obligation Bonds, Series 
6/15 at 100.00 
Aa1 (6) 
3,275,670 
   
2005, 5.000%, 12/01/30 (Pre-refunded 6/01/15) – AGM Insured 
     
1,000 
 
Central Ohio Solid Waste Authority, General Obligation Bonds, Series 2004A, 5.000%, 12/01/15 
6/14 at 100.00 
AAA 
1,047,620 
   
(Pre-refunded 6/01/14) – AMBAC Insured 
     
2,000 
 
Cleveland Municipal School District, Cuyahoga County, Ohio, General Obligation Bonds, Series 
6/14 at 100.00 
AA (6) 
2,094,680 
   
2004, 5.000%, 12/01/22 (Pre-refunded 6/01/14) – AGM Insured 
     
605 
 
Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Series 2004, 
12/14 at 100.00 
AA (6) 
652,220 
   
5.500%, 12/01/15 (Pre-refunded 12/01/14) – AGM Insured 
     
1,380 
 
Columbus, Ohio, Tax Increment Financing Bonds, Easton Project, Series 2004A, 5.000%, 12/01/25 
6/14 at 100.00 
N/R (6) 
1,444,073 
   
(Pre-refunded 6/01/14) – AMBAC Insured 
     
2,300 
 
Cuyahoga County, Ohio, General Obligation Bonds, Series 2004, 5.000%, 12/01/21 
12/14 at 100.00 
AA+ (6) 
2,462,334 
   
(Pre-refunded12/01/14) 
     
   
Cuyahoga County, Ohio, Revenue Refunding Bonds, Cleveland Clinic Health System, Series 2003A: 
     
1,580 
 
6.000%, 1/01/32 (Pre-refunded 7/01/13) 
7/13 at 100.00 
Aa2 (6) 
1,587,616 
1,520 
 
6.000%, 1/01/32 (Pre-refunded 7/01/13) 
7/13 at 100.00 
Aa2 (6) 
1,527,326 
1,000 
 
Dayton, Ohio, Airport Revenue Bonds, James M. Cox International Airport, Series 2005B, 5.000%, 
No Opt. Call 
A– (6) 
1,070,580 
   
12/01/14 – SYNCORA GTY Insured (ETM) 
     
1,000 
 
Dayton, Ohio, General Obligation Bonds, Series 2004, 5.250%, 12/01/19 (Pre-refunded 6/01/14) – 
6/14 at 100.00 
Aa2 (6) 
1,049,840 
   
AMBAC Insured 
     
1,000 
 
Dublin City School District, Franklin, Delaware and Union Counties, Ohio, General Obligation 
12/13 at 100.00 
AAA 
1,024,090 
   
Bonds, Series 2003, 5.000%, 12/01/22 (Pre-refunded 12/01/13) – AGM Insured 
     
1,195 
 
Fairview Park City School District, Cuyahoga County, Ohio, General Obligation Bonds, Series 
6/15 at 100.00 
Aa2 (6) 
1,304,809 
   
2005, 5.000%, 12/01/24 (Pre-refunded 6/01/15) – NPFG Insured 
     
1,850 
 
Hilliard City School District, Franklin County, Ohio, General Obligation Bonds, School 
12/15 at 100.00 
Aa1 (6) 
2,057,385 
   
Construction, Series 2005, 5.000%, 12/01/26 (Pre-refunded 12/01/15) – NPFG Insured 
     
3,000 
 
Hilliard City School District, Franklin County, Ohio, General Obligation Bonds, Series 2006A, 
12/16 at 100.00 
Aa1 (6) 
3,449,910 
   
5.000%, 12/01/25 (Pre-refunded 12/01/16) – NPFG Insured 
     
1,000 
 
Hudson City School District, Ohio, Certificates of Participation, Series 2004, 5.000%, 6/01/26 
6/14 at 100.00 
Aa3 (6) 
1,047,030 
   
(Pre-refunded 6/01/14) – NPFG Insured 
     
1,000 
 
Marysville Exempted Village School District, Ohio, Certificates of Participation, School 
6/15 at 100.00 
N/R (6) 
1,097,710 
   
Facilities Project, Series 2005, 5.250%, 12/01/21 (Pre-refunded 6/01/15) – NPFG Insured 
     
1,000 
 
Mason City School District, Warren and Butler Counties, Ohio, General Obligation Bonds, Series 
6/17 at 100.00 
Aaa 
1,167,140 
   
2007, 5.000%, 12/01/31 (Pre-refunded 6/01/17) 
     
1,760 
 
Middletown City School District, Butler County, Ohio, General Obligation Bonds, Series 2004, 
12/13 at 100.00 
N/R (6) 
1,802,064 
   
5.000%, 12/01/25 (Pre-refunded 12/01/13) – FGIC Insured 
     
1,920 
 
Montgomery County, Ohio, Revenue Bonds, Miami Valley Hospital, Series 2009A, 6.250%, 11/15/39 
11/14 at 100.00 
Aa3 (6) 
2,085,274 
   
(Pre-refunded 11/15/14) 
     
   
Ohio Higher Educational Facilities Commission, Revenue Bonds, Denison University, Series 2004: 
     
480 
 
5.000%, 11/01/21 (Pre-refunded 11/01/14) 
11/14 at 100.00 
Aa3 (6) 
511,762 
935 
 
5.000%, 11/01/21 (Pre-refunded 11/01/14) 
11/14 at 100.00 
AA (6) 
996,869 
1,320 
 
Ohio Higher Educational Facilities Commission, Revenue Bonds, University of Dayton, Series 
12/14 at 100.00 
A (6) 
1,411,925 
   
2004, 5.000%, 12/01/25 (Pre-refunded 12/01/14) – AMBAC Insured 
     
1,595 
 
Ohio State Building Authority, State Facilities Bonds, Administrative Building Fund Projects, 
4/15 at 100.00 
AA (6) 
1,728,422 
   
Series 2005A, 5.000%, 4/01/25 (Pre-refunded 4/01/15) – AGM Insured 
     
2,645 
 
Ohio State Building Authority, State Facilities Bonds, Adult Correctional Building Fund 
4/14 at 100.00 
AA (6) 
2,753,313 
   
Project, Series 2004A, 5.250%, 4/01/15 (Pre-refunded 4/01/14) – NPFG Insured 
     
2,000 
 
Ohio State Building Authority, State Facilities Bonds, Adult Correctional Building Fund 
4/15 at 100.00 
AA (6) 
2,167,300 
   
Project, Series 2005A, 5.000%, 4/01/23 (Pre-refunded 4/01/15) – AGM Insured 
     
3,850 
 
Ohio State Higher Educational Facilities Commission, Hospital Revenue Bonds, University 
1/15 at 100.00 
A (6) 
4,244,471 
   
Hospitals Health System, Series 2009, 6.750%, 1/15/39 (Pre-refunded 1/15/15) 
     
1,760 
 
Ohio University at Athens, Subordinate Lien General Receipts Bonds, Series 2004, 5.000%, 
6/14 at 100.00 
Aa3 (6) 
1,843,318 
   
12/01/20 (Pre-refunded 6/01/14) – NPFG Insured 
     
1,220 
 
Ohio Water Development Authority, Revenue Bonds, Drinking Water Assistance Fund, State Match, 
6/18 at 100.00 
AAA 
1,454,752 
   
Series 2008, 5.000%, 6/01/28 (Pre-refunded 6/01/18) – AGM Insured 
     
   
Ohio Water Development Authority, Revenue Bonds, Water Development Community Assistance 
     
   
Program, Series 2003: 
     
645 
 
5.000%, 12/01/23 (Pre-refunded 12/01/13) – NPFG Insured 
12/13 at 100.00 
Aa1 (6) 
660,416 
730 
 
5.000%, 12/01/23 (Pre-refunded 12/01/13) – NPFG Insured 
12/13 at 100.00 
Aa1 (6) 
747,447 
   
Ohio Water Development Authority, Water Pollution Control Loan Fund Revenue Bonds, Water 
     
   
Quality Project, Series 2005B: 
     
1,225 
 
5.000%, 6/01/25 (Pre-refunded 6/01/15) 
6/15 at 100.00 
AAA 
1,337,565 
275 
 
5.000%, 6/01/25 (Pre-refunded 6/01/15) 
6/15 at 100.00 
AAA 
300,270 
   
Olentangy Local School District, Delaware and Franklin Counties, Ohio, General Obligation 
     
   
Bonds, Series 2004A: 
     
1,050 
 
5.500%, 12/01/15 (Pre-refunded 6/01/14) – FGIC Insured 
6/14 at 100.00 
AA+ (6) 
1,104,621 
1,000 
 
5.250%, 12/01/21 (Pre-refunded 6/01/14) – FGIC Insured 
6/14 at 100.00 
AA+ (6) 
1,049,530 
1,315 
 
5.250%, 12/01/23 (Pre-refunded 6/01/14) – FGIC Insured 
6/14 at 100.00 
AA+ (6) 
1,380,132 
3,380 
 
5.250%, 12/01/24 (Pre-refunded 6/01/14) – FGIC Insured 
6/14 at 100.00 
AA+ (6) 
3,547,411 
1,000 
 
Princeton City School District, Butler County, Ohio, General Obligation Bonds, Series 2003, 
12/13 at 100.00 
AA (6) 
1,024,090 
   
5.000%, 12/01/30 (Pre-refunded 12/01/13) – NPFG Insured 
     
1,345 
 
Troy City School District, Miami County, Ohio, General Obligation Bonds, Series 2005, 5.000%, 
12/14 at 100.00 
Aa2 (6) 
1,439,110 
   
12/01/28 (Pre-refunded 12/01/14) – AGM Insured 
     
   
University of Cincinnati, Ohio, General Receipts Bonds, Series 2004D: 
     
2,445 
 
5.000%, 6/01/19 (Pre-refunded 6/01/14) – AMBAC Insured 
6/14 at 100.00 
AA– (6) 
2,559,988 
2,605 
 
5.000%, 6/01/25 (Pre-refunded 6/01/14) – AMBAC Insured 
6/14 at 100.00 
AA– (6) 
2,727,513 
   
Warren City School District, Trumbull County, Ohio, General Obligation Bonds, Series 2004: 
     
2,515 
 
5.000%, 12/01/20 (Pre-refunded 6/01/14) – FGIC Insured 
6/14 at 100.00 
AA (6) 
2,633,280 
1,170 
 
5.000%, 12/01/22 (Pre-refunded 6/01/14) – FGIC Insured 
6/14 at 100.00 
AA (6) 
1,225,025 
1,000 
 
West Chester Township, Butler County, Ohio, General Obligation Bonds, Series 2003, 5.000%, 
12/13 at 100.00 
Aaa 
1,024,210 
   
12/01/28 (Pre-refunded 12/01/13) – NPFG Insured 
     
68,950 
 
Total U.S. Guaranteed 
   
73,510,801 
   
Utilities – 5.1% (3.5% of Total Investments) 
     
   
American Municipal Power Ohio Inc., General Revenue Bonds, Prairie State Energy Campus Project 
     
   
Series 2008A: 
     
50 
 
5.000%, 2/15/38 – AGC Insured 
2/18 at 100.00 
AA– 
53,758 
5,000 
 
5.250%, 2/15/43 
2/18 at 100.00 
A1 
5,434,650 
   
Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B: 
     
2,000 
 
0.000%, 11/15/28 – NPFG Insured 
No Opt. Call 
A
1,056,040 
6,895 
 
0.000%, 11/15/32 – NPFG Insured 
No Opt. Call 
A
2,903,622 
2,155 
 
0.000%, 11/15/34 – NPFG Insured 
No Opt. Call 
A
819,913 
1,500 
 
Ohio Air Quality Development Authority, Air Quality Revenue Refunding Bonds, Columbus Southern 
12/19 at 100.00 
Baa1 
1,683,930 
   
Power Company Project, Series 2009B, 5.800%, 12/01/38 
     
25 
 
Ohio Air Quality Development Authority, Ohio, Revenue Bonds, Ohio Valley Electric Corporation 
No Opt. Call 
BBB– 
29,357 
   
Project, Series 2009E, 5.625%, 10/01/19 
     
950 
 
Ohio Municipal Electric Generation Agency, Beneficial Interest Certificates, Belleville 
No Opt. Call 
A1 
507,272 
   
Hydroelectric Project – Joint Venture 5, Series 2001, 0.000%, 2/15/29 – NPFG Insured 
     
   
Ohio Municipal Electric Generation Agency, Beneficial Interest Certificates, Belleville 
     
   
Hydroelectric Project – Joint Venture 5, Series 2004: 
     
2,595 
 
5.000%, 2/15/20 – AMBAC Insured 
2/14 at 100.00 
A1 
2,677,858 
1,000 
 
5.000%, 2/15/21 – AMBAC Insured 
2/14 at 100.00 
A1 
1,031,860 
22,170 
 
Total Utilities 
   
16,198,260 
   
Water and Sewer – 7.3% (5.0% of Total Investments) 
     
8,150 
 
Cincinnati, Ohio, Water System Revenue Bonds, Series 2012A, 5.000%, 12/01/37 
12/21 at 100.00 
AAA 
9,153,591 
865 
 
City of Marysville, Ohio, Water System Mortgage Revenue Bonds, Series 2007, 5.000%, 12/01/32 – 
12/17 at 100.00 
A1 
952,590 
   
AMBAC Insured 
     
   
Cleveland, Ohio, Water Revenue Bonds, Second Lien Series2012A: 
     
2,500 
 
5.000%, 1/01/25 
1/22 at 100.00 
Aa2 
2,932,625 
1,975 
 
5.000%, 1/01/26 
1/22 at 100.00 
Aa2 
2,280,789 
1,025 
 
Cleveland, Ohio, Waterworks First Mortgage Revenue Refunding and Improvement Bonds, Series 
No Opt. Call 
Aa1 
1,239,348 
   
1993G, 5.500%, 1/01/21 – NPFG Insured 
     
1,220 
 
Hamilton, Ohio, Wastewater System Revenue Bonds, Series 2005, 5.250%, 10/01/22 – AGM Insured 
10/15 at 100.00 
A1 
1,335,924 
2,025 
 
Ironton, Ohio, Sewer System Improvement Revenue Bonds, Series 2011, 5.250%, 12/01/40 – 
12/20 at 100.00 
A2 
2,252,043 
   
AGM Insured 
     
225 
 
Marysville, Ohio, Wastewater Treatment System Revenue Bonds, Series 2007, 5.000%, 12/01/37 – 
12/17 at 100.00 
A– 
240,109 
   
SYNCORA GTY Insured 
     
1,670 
 
Marysville, Ohio, Wastewater Treatment System Revenue Bonds, Series 2006, 5.250%, 12/01/24 – 
12/16 at 100.00 
A– 
1,900,210 
   
SYNCORA GTY Insured 
     
1,000 
 
Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds, Senior Lien Series 2008A, 
7/18 at 100.00 
BBB– 
1,025,189 
   
6.000%, 7/01/44 
     
20,655 
 
Total Water and Sewer 
   
23,312,418 
$     484,185 
 
Total Investments (cost $431,384,555) – 147.2% 
   
467,911,514 
   
Floating Rate Obligations – (2.7)% 
   
(8,625,000)
   
MuniFund Term Preferred Shares, at Liquidation Value – (23.2)% (7) 
   
(73,817,550)
   
Variable Rate MuniFund Term Preferred Shares, at Liquidation Value – (23.1)% (7) 
   
(73,500,000)
   
Other Assets Less Liabilities – 1.8% 
   
5,864,118 
   
Net Assets Applicable to Common Shares – 100% 
   
$ 317,833,082 
 
 
 
 

 
 
Fair Value Measurements
 
Fair value is defined as the price that the Fund would receive upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. A three-tier hierarchy is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
 
Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
 
Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
 
Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
 
The inputs or methodologies used for valuing securities are not an indication of the risks associated with investing in those securities. The following is a summary of the Fund’s fair value measurements as of the end of the reporting period:
 
 
Level 1 
Level 2 
Level 3 
Total 
Long-Term Investments: 
       
Municipal Bonds 
$ — 
$467,911,514 
$ — 
$467,911,514 
 
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 taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate securities reflected as financing transactions, if any. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.
 
As of May 31, 2013, the cost of investments was $422,291,693.
 
Gross unrealized appreciation and gross unrealized depreciation of investments as of May 31, 2013, were as follows:
 
   
Gross unrealized: 
 
Appreciation 
$39,789,463 
Depreciation 
(2,795,131) 
Net unrealized appreciation (depreciation) of investments 
$36,994,332 
 
     
(1) 
 
All percentages shown in the Portfolio of Investments are based on net assets applicable to Common 
   
shares unless otherwise noted. 
(2) 
 
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. 
   
There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities 
   
may be subject to periodic principal paydowns. 
(3) 
 
Ratings: Using the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, 
   
Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or 
   
BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any 
   
of these national rating agencies. 
(4) 
 
Investment, or portion of investment, has been pledged to collateralize the net payment obligations for 
   
investments in inverse floating rate transactions. 
(5) 
 
At or subsequent to the end of the reporting period, this security is non-income producing. Non-income 
   
producing security, in the case of a fixed-income security, generally denotes that the issuer has 
   
(1) defaulted on the payment of principal or interest, (2) is under the protection of the Federal Bankruptcy 
   
Court or (3) the Fund’s Adviser has concluded that the issue is not likely to meet its future interest payment 
   
obligations and has directed the Fund’s custodian to cease accruing additional income on the Fund’s records. 
(6) 
 
Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, 
   
which ensure the timely payment of principal and interest. Certain bonds backed by U.S. Government or 
   
agency securities are regarded as having an implied rating equal to the rating of such securities. 
(7) 
 
MuniFund Term Preferred Shares and Variable Rate MuniFund Term Preferred Shares, at Liquidation Value 
   
as a percentage of Total Investments are 15.8% and 15.7%, respectively. 
N/R 
 
Not rated. 
WI/DD 
 
Investment, or portion of investment, purchased on a when-issued or delayed delivery basis. 
(ETM) 
 
Escrowed to maturity. 
(IF) 
 
Inverse floating rate investment. 
(UB) 
 
Underlying bond of an inverse floating rate trust reflected as a financing transaction. 
 
 
 
 

 
 
Item 2. Controls and Procedures.

a.  
The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
 
 
b.  
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
 
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: See EX-99 CERT attached hereto.

 
 
 

 
 
SIGNATURES

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 
 
By (Signature and Title)     /s/ Kevin J. McCarthy                    
                                                   Kevin J. McCarthy
                                                   Vice President and Secretary
 
Date:         July 30, 2013        
 
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                    
                                                    Gifford R. Zimmerman
                                                  Chief Administrative Officer (principal executive officer) 
 
Date:         July 30, 2013        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:         July 30, 2013