nq2.htm



 
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:         11/30/13         
 
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)
      
   
November 30, 2013
      
 
 
Principal
    
Optional Call
    
Amount (000)
  
Description (1)
Provisions (2)
Ratings (3)
Value
   
LONG-TERM INVESTMENTS -151.8% (100% OF TOTAL INVESTMENTS)
      
   
MUNICIPAL BONDS – 151.8% (100% OF TOTAL INVESTMENTS)
      
   
Consumer Staples – 7.5% (4.9% of Total Investments)
      
$     400
  
Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue
No Opt. Call
A1
$     427,756
   
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–
6,312,600
18,995
  
5.875%, 6/01/47
6/17 at 100.00
B
14,560,234
26,895
  
Total Consumer Staples
    
21,300,590
   
Education and Civic Organizations – 7.4% (4.9% of Total Investments)
      
   
Miami University of Ohio, General Receipts Bonds, Series 2011:
      
130
  
5.000%, 9/01/33
No Opt. Call
AA
136,639
1,960
  
5.000%, 9/01/36
9/21 at 100.00
AA
2,040,360
   
Miami University of Ohio, General Receipts Bonds, Series 2012:
      
480
  
4.000%, 9/01/32
9/22 at 100.00
AA
464,568
1,000
  
4.000%, 9/01/33
9/22 at 100.00
AA
962,860
3,150
  
Ohio Higher Education Facilities Commission, General Revenue Bonds, Kenyon College, Series
7/16 at 100.00
A+
3,160,458
   
2006, 5.000%, 7/01/41
      
   
Ohio Higher Education Facilities Commission, Revenue Bonds, Wittenberg University, Series 2005:
      
1,150
  
5.000%, 12/01/24
12/15 at 100.00
B1
1,083,059
1,000
  
5.000%, 12/01/29
12/15 at 100.00
B1
891,410
2,420
  
Ohio Higher Educational Facilities Commission, General Revenue Bonds, University of Dayton,
12/16 at 100.00
A
2,553,052
   
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
130,532
590
  
5.000%, 11/01/32
5/22 at 100.00
AA
620,179
1,250
  
Ohio Higher Educational Facilities Commission, Revenue Bonds, University of Dayton, Tender
12/22 at 100.00
A
1,278,800
   
Option Bond Trust 1144, 17.312%, 12/01/43 (IF) (4)
      
1,075
  
Ohio Higher Educational Facilities Commission, Revenue Bonds, Wittenberg University, Series
6/14 at 100.00
B1
1,076,290
   
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–
1,508,340
   
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–
3,219,900
   
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
1,011,845
   
2008A, 5.500%, 12/01/28
      
1,000
  
Ohio University at Athens, General Receipts Bonds, Series 2013, 5.000%, 12/01/39
12/22 at 100.00
Aa3
1,015,940
20,775
  
Total Education and Civic Organizations
    
21,154,232
   
Health Care – 32.2% (21.2% of Total Investments)
      
65
  
Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Facilities Revenue
11/14 at 100.00
Baa1
65,358
   
Bonds, Summa Health System, Series 2004A, 5.500%, 11/15/34 – RAAI Insured
      
3,000
  
Akron, Bath and Copley Joint Township Hospital District, Ohio, Hospital Revenue Bonds,
5/23 at 100.00
A1
3,003,300
   
Children’s Hospital Medical Center, Improvement Series 2013, 5.000%, 11/15/38
      
1,950
  
Allen County, Ohio, Hospital Facilities Revenue Bonds, Catholic Healthcare Partners, Series
6/20 at 100.00
AA–
1,983,287
   
2010A, 5.250%, 6/01/38
      
3,500
  
Butler County, Ohio, Hospital Facilities Revenue Bonds, UC Health, Series 2010,
11/20 at 100.00
BBB+
3,536,925
   
5.500%, 11/01/40
      
6,575
  
Butler County, Ohio, Hospital Facilities Revenue Bonds, Cincinnati Children’s Medical Center
5/16 at 100.00
Baa1
6,571,055
   
Project, Series 2006K, 5.000%, 5/15/31 – FGIC Insured
      
2,400
  
Fairfield County, Ohio, Hospital Facilities Revenue Bonds, Fairfield Medical Center Project,
6/23 at 100.00
Baa2
2,277,624
   
Series 2013, 5.000%, 6/15/43
      
   
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
254,218
2,615
  
5.250%, 11/01/40
11/19 at 100.00
Aa2
2,676,296
2,470
  
Franklin County, Ohio, Hospital Revenue Bonds, Nationwide Children’s Hospital Project, Series
11/18 at 100.00
Aa2
2,472,025
   
2008A, 5.000%, 11/01/40
      
250
  
Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Series 2011A,
11/21 at 100.00
AA+
251,463
   
5.000%, 11/15/41
      
4,480
  
Franklin County, Ohio, Hospital Revenue Bonds, OhioHealth Corporation, Tender Option Bond
11/21 at 100.00
AA+
4,532,416
   
Trust 11-21B, 9.416%, 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
2,497,226
3,260
  
5.125%, 5/15/28 – FGIC Insured
5/14 at 100.00
A
3,265,738
3,225
  
Hancock County, Ohio, Hospital Revenue Bonds, Blanchard Valley Regional Health Center, Series
6/21 at 100.00
A2
3,473,648
   
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
1,941,857
   
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
90,469
40
  
5.125%, 11/15/40
11/18 at 100.00
AA
40,391
3,965
  
Lucas County, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series
11/21 at 100.00
AA
4,320,423
   
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
A
1,571,640
   
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
819,344
   
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
A+
3,707,955
2,500
  
5.000%, 5/01/32
5/14 at 100.00
A+
2,503,600
6,105
  
Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated
2/23 at 100.00
BB+
4,786,442
   
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+
99,476
   
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
3,162,930
240
  
5.250%, 1/01/33
1/18 at 100.00
Aa2
248,184
   
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–
1,560,375
1,520
  
5.250%, 11/15/40 – AGM Insured
5/20 at 100.00
AA–
1,539,578
1,500
  
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System
1/19 at 100.00
Aa2
1,631,250
   
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
  
19.915%, 1/01/17 (IF)
No Opt. Call
Aa2
976,710
5,350
  
20.365%, 1/01/33 (IF)
1/19 at 100.00
Aa2
7,222,497
1,640
  
Ohio State, Hospital Facility Revenue Refunding Bonds, Cleveland Clinic Health System
No Opt. Call
Aa2
2,214,000
   
Obligated Group, Tender Option Bond Trust 3591, 20.523%, 1/01/17 (IF)
      
   
Ohio State, Hospital Revenue Bonds, University Hospitals Health System, Inc., Series 2013A:
      
1,000
  
5.000%, 1/15/28 (WI/DD, Settling 12/10/13)
1/23 at 100.00
A
1,029,110
2,000
  
5.000%, 1/15/29 (WI/DD, Settling 12/10/13)
1/23 at 100.00
A
2,043,260
2,300
  
Richland County, Ohio, Hospital Revenue Bonds, MidCentral Health System Group, Series 2006,
11/16 at 100.00
A–
2,317,802
   
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–
1,527,429
1,385
  
5.750%, 12/01/35
12/18 at 100.00
A–
1,459,596
1,000
  
5.750%, 12/01/35 – AGC Insured
12/18 at 100.00
AA–
1,046,120
   
Wood County, Ohio, Hospital Facilities Refunding and Improvement Revenue Bonds, Wood County
      
   
Hospital Project, Series 2012:
      
2,635
  
5.000%, 12/01/37
No Opt. Call
Baa2
2,485,675
4,920
  
5.000%, 12/01/42
No Opt. Call
Baa2
4,588,982
89,465
  
Total Health Care
    
91,795,674
   
Housing/Multifamily – 3.4% (2.2% of Total Investments)
      
1,385
  
Clermont County, Ohio, GNMA Collateralized Mortgage Revenue Bonds, S.E.M. Villa II Project,
2/14 at 100.00
Aaa
1,386,634
   
Series 1994A, 5.950%, 2/20/30
      
1,165
  
Cleveland-Cuyahoga County Port Authority, Ohio, Student Housing Facility Revenue Bonds, Euclid
8/15 at 100.00
N/R
1,122,512
   
Avenue Housing Corporation – Fenn Tower Project, Series 2005, 5.000%, 8/01/23 – AMBAC Insured
      
840
  
Franklin County, Ohio, GNMA Collateralized Multifamily Housing Mortgage Revenue Bonds, Agler
5/14 at 100.00
Aaa
846,804
   
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
1,643,248
   
Project, Series 2007, 5.500%, 10/20/42 (Alternative Minimum Tax)
      
1,205
  
Ohio Housing Finance Agency, FHA-Insured Multifamily Housing Mortgage Revenue Bonds, Madonna
6/16 at 102.00
AA+
1,164,440
   
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+
3,439,562
   
Project, Series 2007, 5.250%, 9/20/47 (Alternative Minimum Tax)
      
9,585
  
Total Housing/Multifamily
    
9,603,200
   
Industrials – 3.1% (2.0% of Total Investments)
      
2,055
  
Cleveland-Cuyahoga County Port Authority, Ohio, Common Bond Fund Revenue Bonds, Cleveland
5/14 at 100.00
BBB+
2,031,470
   
Christian Home Project, Series 2002C, 5.950%, 5/15/22
      
785
  
Cleveland-Cuyahoga County Port Authority, Ohio, Development Revenue Bonds, Bond Fund Program –
11/15 at 100.00
BBB+
765,501
   
Columbia National Group Project, Series 2005D, 5.000%, 5/15/20 (Alternative Minimum Tax)
      
1,500
  
Springboro Community City School District, Warren County, Ohio, General Obligation Bonds,
No Opt. Call
AA–
1,672,335
   
Refunding Series 2007, 5.250%, 12/01/32 (WI/DD, Settling 12/02/13)
      
3,495
  
Toledo-Lucas County Port Authority, Ohio, Revenue Refunding Bonds, CSX Transportation Inc.,
No Opt. Call
Baa2
4,226,608
   
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
53,280
   
Series 2007A, 6.350%, 7/01/27 (Alternative Minimum Tax) (5)
      
9,435
  
Total Industrials
    
8,749,194
   
Long-Term Care – 1.1% (0.8% of Total Investments)
      
895
  
Franklin County, Ohio, Healthcare Facilities Revenue Bonds, Ohio Presbyterian Retirement
7/21 at 100.00
BBB–
932,143
   
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–
2,308,911
   
Refunding & improvement Series 2010, 6.625%, 4/01/40
      
3,115
  
Total Long-Term Care
    
3,241,054
   
Materials – 0.7% (0.5% of Total Investments)
      
2,000
  
Toledo-Lucas County Port Authority, Ohio, Port Revenue Bonds, Cargill Inc., Series 2004B,
No Opt. Call
A
2,100,840
   
4.500%, 12/01/15
      
   
Tax Obligation/General – 30.0% (19.8% of Total Investments)
      
125
  
Barberton City School District, Summit County, Ohio, General Obligation Bonds, School
6/18 at 100.00
AA
134,878
   
Improvement Series 2008, 5.250%, 12/01/31
      
   
Central Ohio Solid Waste Authority, General Obligation Bonds, Refunding & Improvements,
      
   
Series 2012:
      
1,140
  
5.000%, 12/01/26
6/22 at 100.00
Aaa
1,277,986
2,545
  
5.000%, 12/01/28
6/22 at 100.00
Aaa
2,810,113
1,605
  
5.000%, 12/01/29
6/22 at 100.00
Aaa
1,759,754
   
Cincinnati, Ohio, General Obligation Bonds, Various Purpose Series 2012A:
      
1,960
  
5.000%, 12/01/31
12/20 at 100.00
AA+
2,091,046
875
  
5.000%, 12/01/32
12/20 at 100.00
AA+
928,550
1,000
  
Cleveland Municipal School District, Cuyahoga County, Ohio, General Obligation Bonds, Series
6/14 at 100.00
AA
1,023,050
   
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
2,075,540
1,140
  
Columbia Local School District, Lorain County, Ohio, General Obligation Bonds, School
11/21 at 100.00
A1
1,173,003
   
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+
2,402,480
5,835
  
0.000%, 12/01/28 – AGM Insured
No Opt. Call
AA+
3,095,643
   
Franklin County, Ohio, General Obligation Bonds, Series 2007:
      
3,355
  
5.000%, 12/01/27
12/17 at 100.00
AAA
3,683,320
1,840
  
5.000%, 12/01/28
12/17 at 100.00
AAA
2,002,711
1,355
  
Grove City, Ohio, General Obligation Bonds, Construction & Improvement Series 2009,
12/19 at 100.00
Aa1
1,427,533
   
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–
12,978,987
   
AGM Insured
      
6,580
  
Indian Lake Local School District, Logan and Auglaize Counties, Ohio, School Facilities
6/17 at 100.00
Aa3
6,733,117
   
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
1,731,067
   
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
1,122,575
775
  
5.000%, 12/01/30 – FGIC Insured
12/17 at 100.00
Aa2
819,702
2,620
  
Lucas County, Ohio, General Obligation Bonds, Various Purpose Series 2010, 5.000%, 10/01/40
10/18 at 100.00
Aa2
2,666,086
3,015
  
Marysville Exempted Village School District, Union County, Ohio, General Obligation Bonds,
12/15 at 100.00
AA–
3,249,959
   
Series 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
4,945,680
   
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
1,574,025
   
5.250%, 12/01/36
      
1,305
  
Monroe Local School District, Butler County, Ohio, General Obligation Bonds, Series 2006,
No Opt. Call
Baa1
1,488,065
   
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
746,250
   
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+
2,216,350
   
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
3,836,595
   
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
2,350,393
   
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–
535,965
   
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
1,106,780
500
  
Olentangy Local School District, Delaware and Franklin Counties, Ohio, General Obligation
6/18 at 100.00
AA+
519,425
   
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
1,573,813
   
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
5,125,300
   
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
2,366,123
   
Bonds, School Facilities Construction & Improvement Series 2012, 5.000%, 12/01/36
      
70
  
Strongsville, Ohio, Limited Tax General Obligation Various Purpose Improvement Bonds, Series
2/14 at 100.00
Aaa
70,331
   
1996, 5.950%, 12/01/21
      
700
  
Sylvania City School District, Lucas County, Ohio, General Obligation Bonds, School
6/17 at 100.00
AA–
749,385
   
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
Aa3
1,032,180
   
School Improvment Series 2009, 5.125%, 12/01/37
      
87,020
  
Total Tax Obligation/General
    
85,423,760
   
Tax Obligation/Limited – 22.8% (15.0% of Total Investments)
      
125
  
Cincinnati City School District, Ohio, Certificates of Participation, Series 2006, 5.000%,
12/16 at 100.00
AA–
129,749
   
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
1,432,193
1,520
  
5.000%, 10/01/30
10/23 at 100.00
AA
1,617,098
1,600
  
5.000%, 10/01/31
10/23 at 100.00
AA
1,681,120
500
  
Columbus-Franklin County Finance Authority, Ohio, Development Revenue Bonds, Hubbard Avenue
12/19 at 100.00
BBB
438,050
   
Parking Facility Project, Series 2012A, 5.000%, 12/01/36
      
6,750
  
Cuyhoga County, Ohio, Recovery Zone Facility Economic Development Revenue Bonds, Medical Mart-
12/20 at 100.00
Aa2
7,202,048
   
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
311,331
   
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
5,290,700
   
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
2,484,373
1,055
  
Government of Guam, Business Privilege Tax Bonds, Series 2012B-1, 5.000%, 1/01/42
1/22 at 100.00
A
1,028,530
   
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
1,120,070
1,090
  
5.250%, 12/01/28
12/21 at 100.00
AAA
1,198,281
760
  
5.250%, 12/01/30
12/21 at 100.00
AAA
826,158
600
  
5.000%, 12/01/31
12/21 at 100.00
AAA
633,180
   
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+
1,107,351
1,415
  
5.000%, 12/01/21 – FGIC Insured
6/14 at 100.00
A+
1,443,059
7,250
  
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Lien, Series 2006A, 5.000%, 12/01/32 –
12/16 at 100.00
A+
7,435,597
   
AMBAC Insured
      
5,565
  
Hamilton County, Ohio, Sales Tax Bonds, Subordinate Series 2000B, 0.000%, 12/01/28 –
No Opt. Call
AA–
2,727,518
   
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+
5,152,950
1,750
  
Hudson City School District, Ohio, Certificates of Participation, Series 2012, 4.000%, 6/01/34 –
6/22 at 100.00
Aa3
1,596,350
   
NPFG Insured
      
11,500
  
JobsOhio Beverage System, Ohio, Statewide Liquor Profits Revenue Bonds, Senior Lien Series
1/23 at 100.00
AA
11,692,740
   
2013A, 5.000%, 1/01/38 (Mandatory put 1/01/23) (UB) (4)
      
   
JobsOhio Beverage System, Ohio, Statewide Senior Lien Liquor Profits Revenue Bonds, Tender
      
   
Option Bond Trust 1157:
      
1,250
  
17.355%, 1/01/38 (Mandatory put 1/01/23) (IF) (4)
1/23 at 100.00
AA
1,333,800
875
  
17.355%, 1/01/38 (Mandatory put 1/01/23) (IF) (4)
1/23 at 100.00
AA
933,660
175
  
17.288%, 1/01/38 (Mandatory put 1/01/23) (IF) (4)
1/23 at 100.00
AA
186,685
1,000
  
New Albany Community Authority, Ohio, Community Facilities Revenue Refunding Bonds, Series
10/22 at 100.00
A1
1,098,380
   
2012C, 5.000%, 10/01/24
      
   
Riversouth Authority, Ohio, Riversouth Area Redevelopment Bonds, Refunding Series 2012A:
      
1,645
  
5.000%, 12/01/23
12/22 at 100.00
AA+
1,846,332
1,200
  
5.000%, 12/01/24
12/22 at 100.00
AA+
1,330,992
   
Vermilion Local School District, East and Lorain Counties, Ohio, Certificates of
      
   
Participation, Series 2012:
      
765
  
5.000%, 12/01/24
No Opt. Call
Aa3
845,662
805
  
5.000%, 12/01/25
12/20 at 100.00
Aa3
879,921
65,395
  
Total Tax Obligation/Limited
    
65,003,878
   
Transportation – 6.1% (4.0% of Total Investments)
      
   
Cleveland, Ohio, Airport System Revenue Bonds, Series 2012A:
      
2,150
  
5.000%, 1/01/30
1/22 at 100.00
A–
2,147,549
1,500
  
5.000%, 1/01/31 – AGM Insured
1/22 at 100.00
AA–
1,513,845
3,475
  
Dayton, Ohio, Airport Revenue Bonds, James M. Cox International Airport, Series 2003C, 5.250%,
2/14 at 100.00
A–
3,478,927
   
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
4,176,824
2,050
  
Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Project, Junior Lien Series
2/23 at 100.00
A+
2,145,858
   
2013A-1, 5.250%, 2/15/39
      
   
Ohio Turnpike Commission, Turnpike Revenue Bonds, Infrastructure Projects, Junior Lien
      
   
Series 2013A-2:
      
11,250
  
0.000%, 2/15/38
No Opt. Call
A+
2,851,538
5,000
  
0.000%, 2/15/40
No Opt. Call
A+
1,103,050
28,975
  
Total Transportation
    
17,417,591
   
U.S. Guaranteed – 22.1% (14.5% of Total Investments) (6)
      
3,000
  
Centerville City School District, Montgomery County, Ohio, General Obligation Bonds, Series
6/15 at 100.00
Aa1 (6)
3,210,540
   
2005, 5.000%, 12/01/30 (Pre-refunded 6/01/15) – AGM Insured
      
   
Central Ohio Solid Waste Authority, General Obligation Bonds, Refunding & Improvements,
      
   
Series 2012:
      
110
  
5.000%, 12/01/26 (Pre-refunded 6/01/22)
6/22 at 100.00
N/R (6)
132,044
245
  
5.000%, 12/01/28 (Pre-refunded 6/01/22)
6/22 at 100.00
N/R (6)
294,098
160
  
5.000%, 12/01/29 (Pre-refunded 6/01/22)
6/22 at 100.00
N/R (6)
192,064
1,000
  
Central Ohio Solid Waste Authority, General Obligation Bonds, Series 2004A, 5.000%, 12/01/15
6/14 at 100.00
AAA
1,024,610
   
(Pre-refunded 6/01/14) – AMBAC Insured
      
605
  
Columbus City School District, Franklin County, Ohio, General Obligation Bonds, Series 2004,
12/14 at 100.00
AA (6)
637,343
   
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)
1,413,962
   
(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
Aa1 (6)
2,411,412
   
(Pre-refunded 12/01/14)
      
1,000
  
Dayton, Ohio, Airport Revenue Bonds, James M. Cox International Airport, Series 2005B, 5.000%,
No Opt. Call
A– (6)
1,048,440
   
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)
1,025,880
   
AMBAC Insured
      
1,195
  
Fairview Park City School District, Cuyahoga County, Ohio, General Obligation Bonds, Series
6/15 at 100.00
Aa2 (6)
1,279,988
   
2005, 5.000%, 12/01/24 (Pre-refunded 6/01/15) – NPFG Insured
      
2,620
  
Green, Ohio, General Obligation Bonds, Series 2008, 5.500%, 12/01/32 (Pre-refunded 12/01/15)
12/15 at 100.00
AA+ (6)
2,886,271
1,850
  
Hilliard City School District, Franklin County, Ohio, General Obligation Bonds, School
12/15 at 100.00
Aa1 (6)
2,022,291
   
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)
3,398,010
   
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)
1,024,610
   
(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)
1,073,930
   
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
Aa1 (6)
1,149,850
   
2007, 5.000%, 12/01/31 (Pre-refunded 6/01/17)
      
1,920
  
Montgomery County, Ohio, Revenue Bonds, Miami Valley Hospital, Series 2009A, 6.250%, 11/15/39
11/14 at 100.00
Aa3 (6)
2,031,149
   
(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)
501,360
935
  
5.000%, 11/01/21 (Pre-refunded 11/01/14)
11/14 at 100.00
AA (6)
976,608
   
Ohio Higher Education Facilities Commission, Revenue Bonds, Ohio Northern University,
      
   
Series 2002:
      
865
  
5.750%, 5/01/16 (Pre-refunded 1/29/14)
1/14 at 100.00
Baa2 (6)
867,543
2,650
  
5.000%, 5/01/22 (Pre-refunded 1/29/14)
1/14 at 100.00
Baa2 (6)
2,651,140
1,320
  
Ohio Higher Educational Facilities Commission, Revenue Bonds, University of Dayton, Series
12/14 at 100.00
A (6)
1,383,941
   
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)
1,695,979
   
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)
2,690,997
   
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)
2,126,620
   
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)
4,133,899
   
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)
1,803,314
   
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
1,432,182
   
Series 2008, 5.000%, 6/01/28 (Pre-refunded 6/01/18) – AGM Insured
      
   
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
1,311,742
275
  
5.000%, 6/01/25 (Pre-refunded 6/01/15)
6/15 at 100.00
AAA
294,473
   
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)
1,078,497
1,000
  
5.250%, 12/01/21 (Pre-refunded 6/01/14) – FGIC Insured
6/14 at 100.00
AA+ (6)
1,025,880
1,315
  
5.250%, 12/01/23 (Pre-refunded 6/01/14) – FGIC Insured
6/14 at 100.00
AA+ (6)
1,349,032
3,380
  
5.250%, 12/01/24 (Pre-refunded 6/01/14) – FGIC Insured
6/14 at 100.00
AA+ (6)
3,467,474
1,345
  
Troy City School District, Miami County, Ohio, General Obligation Bonds, Series 2005, 5.000%,
12/14 at 100.00
Aa2 (6)
1,410,152
   
12/01/28 (Pre-refunded 12/01/14) – AGM Insured
      
2,605
  
University of Cincinnati, Ohio, General Receipts Bonds, Series 2004D, 5.000%, 6/01/25
6/14 at 100.00
AA– (6)
2,669,109
   
(Pre-refunded 6/01/14) – AMBAC Insured
      
   
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)
2,576,894
1,170
  
5.000%, 12/01/22 (Pre-refunded 6/01/14) – FGIC Insured
6/14 at 100.00
AA (6)
1,198,794
59,585
  
Total U.S. Guaranteed
    
62,902,122
   
Utilities – 6.0% (4.0% 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–
50,507
5,000
  
5.250%, 2/15/43
2/18 at 100.00
A1
5,059,550
   
Cleveland, Ohio, Public Power System Revenue Bonds, Series 2008B:
      
2,000
  
0.000%, 11/15/28 – NPFG Insured
No Opt. Call
A
970,960
6,895
  
0.000%, 11/15/32 – NPFG Insured
No Opt. Call
A
2,505,850
2,155
  
0.000%, 11/15/34 – NPFG Insured
No Opt. Call
A
698,155
1,500
  
Ohio Air Quality Development Authority, Air Quality Revenue Refunding Bonds, Columbus Southern
12/19 at 100.00
Baa1
1,566,495
   
Power Company Project, Series 2009B, 5.800%, 12/01/38 (Mandatory put 12/01/19)
      
2,025
  
Ohio Air Quality Development Authority, Ohio, Revenue Bonds, Ohio Valley Electric Corporation
No Opt. Call
BBB–
2,209,579
   
Project, Series 2009E, 5.625%, 10/01/19
      
950
  
Ohio Municipal Electric Generation Agency, Beneficial Interest Certificates, Belleville
No Opt. Call
A1
465,852
   
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
2,618,199
1,000
  
5.000%, 2/15/21 – AMBAC Insured
2/14 at 100.00
A1
1,008,610
24,170
  
Total Utilities
    
17,153,757
   
Water and Sewer – 9.4% (6.2% of Total Investments)
      
8,150
  
Cincinnati, Ohio, Water System Revenue Bonds, Series 2012A, 5.000%, 12/01/37
12/21 at 100.00
AAA
8,595,069
865
  
City of Marysville, Ohio, Water System Mortgage Revenue Bonds, Series 2007, 5.000%, 12/01/32 –
12/17 at 100.00
A1
896,140
   
AMBAC Insured
      
   
Cleveland, Ohio, Water Revenue Bonds, Second Lien Series 2012A:
      
2,500
  
5.000%, 1/01/25
1/22 at 100.00
Aa2
2,820,300
1,975
  
5.000%, 1/01/26
1/22 at 100.00
Aa2
2,204,179
2,035
  
Cleveland, Ohio, Water Revenue Bonds, Senior Lien Series 2012X, 5.000%, 1/01/42
1/22 at 100.00
Aa1
2,122,892
1,025
  
Cleveland, Ohio, Waterworks First Mortgage Revenue Refunding and Improvement Bonds, Series
No Opt. Call
Aa1
1,213,805
   
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
1,307,084
2,025
  
Ironton, Ohio, Sewer System Improvement Revenue Bonds, Series 2011, 5.250%, 12/01/40 –
12/20 at 100.00
A2
2,089,598
   
AGM Insured
      
225
  
Marysville, Ohio, Wastewater Treatement System Revenue Bonds, Series 2007, 5.000%, 12/01/37 –
12/17 at 100.00
A–
227,126
   
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–
1,863,820
   
SYNCORA GTY Insured
      
   
Toledo, Ohio, Sewerage System Revenue Bonds, Refunding Series 2013:
      
820
  
5.000%, 11/15/25
11/23 at 100.00
Aa3
914,833
605
  
5.000%, 11/15/26
11/23 at 100.00
Aa3
667,509
1,075
  
5.000%, 11/15/27
11/23 at 100.00
Aa3
1,172,051
695
  
5.000%, 11/15/28
11/23 at 100.00
Aa3
751,629
24,885
  
Total Water and Sewer
    
26,846,035
$ 451,300
  
Total Long-Term Investments (cost $425,941,718)
    
432,691,927
   
Floating Rate Obligations – (3.0)%
    
(8,625,000)
   
Variable Rate Demand Preferred Shares, at Liquidation Value – (51.9)% (7)
    
(148,000,000)
   
Other Assets Less Liabilities – 3.1%
    
9,025,347
   
Net Assets Applicable to Common Shares – 100%
    
$ 285,092,274
 
 
 
 
 

 
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
$ —
$432,691,927
$ —
$432,691,927
 
 
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 November 30, 2013, the cost of investments was $416,748,559.
 
Gross unrealized appreciation and gross unrealized depreciation of investments as of November 30, 2013, were as follows:
 
   
Gross unrealized:
  
  Appreciation
$  17,741,706
  Depreciation
(10,423,424)
Net unrealized appreciation (depreciation) of investments
$    7,318,282
 
 
     
(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, 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)
  
Variable Rate Demand Preferred Shares, at Liquidation Value as a percentage of Total Investments is 34.2%.
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:         January 29, 2014        
 
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:         January 29, 2014        
 
By (Signature and Title)     /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                  Vice President and Controller (principal financial officer) 
 
Date:         January 29, 2014