FEDERATED MUNICIPAL TRUST

Transcription

1 FEDERATED MUNICIPAL TRUST Portfolio as of June 28, 2013 Current Net Assets -- $ 601,733,732 Weighted Average : 35 Days Weighted Average Life: 35 Days Principal Amount MUNICIPALS % Arkansas - 2.3% $ 6,400,000 Pulaski County, AR Public Facilities Board (Bailey Properties, LLC), (Series 2005: Markham Oaks and Indian 74539XKW1 $ 6,400,000 7/5/2013 8/1/2027 Variable Rate Demand Note Hills Apartments) Weekly VRDNs,(Federal Home Loan Bank of Atlanta LOC), 0.140% $ 7,530,000 Pulaski County, AR Public Facilities Board (Bailey Properties, LLC), (Series 2012: Waterford and Bowman 74539XLV2 $ 7,530,000 7/5/2013 6/1/2042 Variable Rate Demand Note Heights Apartments) Weekly VRDNs,(Federal Home Loan Bank of Atlanta LOC), 0.140% TOTAL $ 13,930,000 California - 3.3% $ 7,000,000 (4)(5) Nuveen California Investment Quality Municipal Fund, Inc., (1056 Series 2) Weekly VRDPs,(Royal Bank of 67062A507 $ 7,000,000 7/5/ /1/2042 Variable Rate Demand Note Canada, Montreal LIQ), 0.140% $ 13,000,000 (4)(5) Nuveen California Quality Income Municipal Fund, Inc., [Series 1] Weekly VRDPs,(Citibank NA, New York $ 13,000,000 7/5/2013 8/1/2040 Variable Rate Demand Note LIQ), 0.140% TOTAL $ 20,000,000 Colorado - 2.8% $ 2,000,000 Colorado HFA (Class I Bonds) (Xybix Systems, Inc.), (Series 2007) Weekly VRDNs,(JPMorgan Chase Bank, N.A CB9 $ 2,000,000 7/5/2013 3/1/2032 Variable Rate Demand Note LOC), 0.260% $ 15,000,000 (4)(5) Denver, CO City & County Airport Authority, Spears (Series DBE-485), TOBs,(Deutsche Bank AG LIQ)/(GTD 25154LKD5 $ 15,000,000 9/26/ /15/2030 Other Municipal Debt by Deutsche Bank AG), 0.300% TOTAL $ 17,000,000 Florida - 8.4% $ 2,400,000 Collier County, FL IDA (Ave Maria Utility Company), (Series 2005) Weekly VRDNs,(SunTrust Bank LOC), 19464RAF6 $ 2,400,000 7/5/ /1/2035 Variable Rate Demand Note 0.230% $ 1,500,000 Florida Housing Finance Corp. (TWC Twenty-Two ), (Series 2003 P: Wellesley Apartments) Weekly 34073JJT7 $ 1,500,000 7/5/2013 8/1/2035 Variable Rate Demand Note VRDNs,(Citibank NA, New York LOC), 0.100% $ 3,000,000 (4)(5) Florida Housing Finance Corp., Clipper Tax-Exempt Certificates Trust (Series ) Weekly VRDNs,(State 18886PLV5 $ 3,000,000 7/5/2013 1/1/2048 Variable Rate Demand Note Street Bank and Trust Co. LIQ), 0.180% $ 11,700,000 Florida State Municipal Power Agency, (Series 2008C) Daily VRDNs,(Bank of America N.A. LOC), 0.100% WW1 $ 11,700,000 7/1/ /1/2035 Variable Rate Demand Note $ 10,000,000 (4)(5) Hillsborough County, FL Aviation Authority, Spears (Series DBE-645), TOBs,(Deutsche Bank AG LIQ)/(GTD by 25154L3X0 $ 10,000,000 8/15/ /1/2038 Other Municipal Debt Deutsche Bank AG), 0.320% $ 4,000,000 Orange County, FL IDA (Central Florida Kidney Centers, Inc.), (Series 2000) Weekly VRDNs,(SunTrust Bank CX7 $ 4,000,000 7/5/ /1/2020 Variable Rate Demand Note LOC), 0.180% $ 1,900,000 Orange County, FL IDA (UCF Hospitality School Student Housing Foundation), (Series 2004) Weekly 68450QAA2 $ 1,900,000 7/5/2013 6/1/2029 Variable Rate Demand Note VRDNs,(SunTrust Bank LOC), 0.180% $ 3,380,000 (4)(5) Saint Johns County, FL, Putters (Series 4134) Weekly VRDNs,(INS by Berkshire Hathaway Assurance 46636YTJ9 $ 3,380,000 7/5/ /1/2015 Variable Rate Demand Note Corp.)/(JPMorgan Chase Bank, N.A. LIQ), 0.090% $ 6,000,000 St. Lucie County, FL Solid Waste Disposal (Florida Power & Light Co.), (Series 2003) Daily VRDNs, 0.100% 79208EBY8 $ 6,000,000 7/1/2013 5/1/2024 Variable Rate Demand Note FMUTR - 1

2 $ 500,000 Sunshine State Governmental Finance Commission, FL (Miami-Dade County, FL), (Series 2011C) Weekly EQ0 $ 500,000 7/5/2013 9/1/2032 Variable Rate Demand Note VRDNs,(JPMorgan Chase Bank, N.A. LOC), 0.080% $ 6,300,000 UCF Health Facilities Corp. (UCF Health Sciences Campus at Lake Nona), Capital Improvement Revenue 90348NAA9 $ 6,300,000 7/5/2013 7/1/2037 Variable Rate Demand Note Bonds (Series 2007) Weekly VRDNs,(Fifth Third Bank, Cincinnati LOC), 0.200% TOTAL $ 50,680,000 Georgia - 3.3% $ 13,000,000 Burke County, GA Development Authority (Georgia Power Co.), (Third Series 2012) Daily VRDNs, 0.080% NQ8 $ 13,000,000 7/1/ /1/2052 Variable Rate Demand Note $ 6,600,000 Burke County, GA Development Authority (Georgia Power Co.), PCR (Series 1992) Daily VRDNs, 0.080% EC9 $ 6,600,000 7/1/2013 5/1/2022 Variable Rate Demand Note TOTAL $ 19,600,000 Idaho - 1.7% $ 10,000,000 Power County, ID IDC (J. R. Simplot Co.), (Series 2012) Weekly VRDNs,(Rabobank Nederland NV, Utrecht AB0 $ 10,000,000 7/5/ /1/2036 Variable Rate Demand Note LOC), 0.110% TOTAL $ 10,000,000 Illinois - 7.9% $ 3,395,000 Chicago, IL (John Hofmeister & Son), (Series 2001) Weekly VRDNs,(BMO Harris Bank, N.A. LOC), 0.160% BR2 $ 3,395,000 7/5/ /1/2021 Variable Rate Demand Note $ 3,400,000 Harvey, IL Multifamily Revenue (Bethlehem Village), (Series 1997) Weekly VRDNs,(Federal Home Loan Bank AA2 $ 3,400,000 7/5/ /1/2027 Variable Rate Demand Note of Indianapolis LOC), 0.290% $ 8,500,000 Illinois Development Finance Authority (Glenwood School), (Series 1998) Weekly VRDNs,(Fifth Third Bank, X3 $ 8,500,000 7/5/2013 2/1/2033 Variable Rate Demand Note Cincinnati LOC), 0.200% $ 4,485,000 Illinois Development Finance Authority IDB (CHS Acquisition Corp.), (Series 1995) Weekly VRDNs,(Fifth Third RJ4 $ 4,485,000 7/4/2013 8/1/2013 Variable Rate Demand Note Bank, Cincinnati LOC), 0.260% $ 10,675,000 Illinois Finance Authority (McKinley Foundation), (Series 2007A) Weekly VRDNs,(Key Bank, N.A. LOC), 45200FBC2 $ 10,675,000 7/5/ /1/2039 Variable Rate Demand Note 0.200% $ 14,000,000 Kane County, IL (Glenwood School), (Series 1993) Weekly VRDNs,(Fifth Third Bank, Cincinnati LOC), 0.200% AB7 $ 14,000,000 7/5/2013 2/1/2028 Variable Rate Demand Note $ 3,000,000 Lockport, IL IDA (Panduit Corp.), (Series 1990) Weekly VRDNs,(Fifth Third Bank, Cincinnati LOC), 0.240% AA2 $ 3,000,000 7/5/2013 4/1/2025 Variable Rate Demand Note TOTAL $ 47,455,000 Indiana - 1.0% $ 6,000,000 Indiana State Finance Authority Industrial Revenue (Modern Forge Indiana LLC), IDRB (Series 2011) Weekly AD5 $ 6,000,000 7/5/ /1/2031 Variable Rate Demand Note VRDNs,(Fifth Third Bank, Cincinnati LOC), 0.240% TOTAL $ 6,000,000 Kentucky - 0.5% $ 485,000 Leitchfield, KY IDA (Styline Industries, Inc.), (Series 1999) Weekly VRDNs,(Fifth Third Bank, Cincinnati LOC), BH5 $ 485,000 7/5/2013 5/1/2019 Variable Rate Demand Note 0.240% $ 2,720,000 Somerset, KY Industrial Building (Wonderfuel LLC), (Series 2000) Weekly VRDNs,(Comerica Bank LOC), AZ5 $ 2,720,000 7/5/2013 5/1/2020 Variable Rate Demand Note 0.370% TOTAL $ 3,205,000 Louisiana - 0.5% $ 3,300,000 Calcasieu Parish, LA, IDB (HydroServe Westlake, LLC), (Series 1998) Weekly VRDNs,(JPMorgan Chase Bank, AB8 $ 3,300,000 7/5/2013 6/1/2025 Variable Rate Demand Note N.A. LOC), 0.120% TOTAL $ 3,300,000 Maine - 3.9% $ 10,800,000 Maine State Housing Authority, (Series 2004B-3) Weekly VRDNs,(State Street Bank and Trust Co. LIQ), 56052ETE8 $ 10,800,000 7/5/ /15/2027 Variable Rate Demand Note 0.110% $ 2,400,000 Maine State Housing Authority, (Series 2008E-1) Weekly VRDNs,(Citibank NA, New York LIQ), 0.110% 56052EC22 $ 2,400,000 7/5/ /15/2032 Variable Rate Demand Note $ 10,000,000 Maine State Housing Authority, (Series 2008E-2) Weekly VRDNs,(Citibank NA, New York LIQ), 0.130% 56052EC48 $ 10,000,000 7/5/ /15/2037 Variable Rate Demand Note FMUTR - 2

3 TOTAL $ 23,200,000 Maryland - 1.4% $ 8,305,000 Westminster, MD EDRB (Carroll Lutheran Village, Inc.), (Series 2004C) Daily VRDNs,(Citizens Bank of AB7 $ 8,305,000 7/1/2013 5/1/2034 Variable Rate Demand Note Pennsylvania LOC), 0.110% TOTAL $ 8,305,000 Massachusetts - 0.3% $ 1,900,000 Massachusetts IFA, (Series 1992B), CP, (New England Power Co.), 0.400% 57585WZ70 $ 1,900,000 8/9/2013 8/9/2013 Other Municipal Debt TOTAL $ 1,900,000 Michigan - 3.1% $ 11,900,000 Michigan State Housing Development Authority, Rental Housing Revenue Bonds (2006 Series A) Weekly 59465MJ30 $ 11,900,000 7/5/ /1/2040 Variable Rate Demand Note VRDNs,(Barclays Bank PLC LIQ), 0.080% $ 6,535,000 Michigan Strategic Fund (Goodwill Industries of Greater Grand Rapids, Inc.), (Series 2008) Weekly DE9 $ 6,535,000 7/5/2013 1/1/2038 Variable Rate Demand Note VRDNs,(Fifth Third Bank, Cincinnati LOC), 0.200% TOTAL $ 18,435,000 Missouri - 1.4% $ 8,500,000 St. Joseph, MO IDA (Heartland Regional Medical Center), (Series 2009A) Weekly VRDNs,(Bank of Montreal 79075LAB3 $ 8,500,000 7/5/ /15/2043 Variable Rate Demand Note LOC), 0.050% TOTAL $ 8,500,000 Multi State - 2.6% $ 1,166,000 (4)(5) Clipper Tax-Exempt Certificates Trust (Multi-State AMT) Series Weekly VRDNs,(GNMA COL)/(State 18886PEP6 $ 1,166,000 7/5/2013 7/1/2048 Variable Rate Demand Note Street Bank and Trust Co. LIQ), 0.210% $ 1,273,000 (4)(5) Clipper Tax-Exempt Certificates Trust (Multi-State AMT) Series Weekly VRDNs,(GNMA COL)/(State 18886PA96 $ 1,273,000 7/5/2013 7/1/2036 Variable Rate Demand Note Street Bank and Trust Co. LIQ), 0.210% $ 3,020,000 (4)(5) Clipper Tax-Exempt Certificates Trust (Multistate AMT) Series Weekly VRDNs,(State Street Bank and 18886PK95 $ 3,020,000 7/5/2013 7/1/2048 Variable Rate Demand Note Trust Co. LIQ), 0.210% $ 10,000,000 (4)(5) Nuveen Investment Quality Municipal Fund, Inc., (2,118 Series 1) Weekly VRDPs,(Barclays Bank PLC LIQ), 67062E707 $ 10,000,000 7/5/2013 5/1/2041 Variable Rate Demand Note 0.160% TOTAL $ 15,459,000 Nevada - 0.4% $ 2,475,000 Director of the State of Nevada Department of Business and Industry (575 Mill Street LLC), Industrial AG8 $ 2,475,000 7/5/ /1/2028 Variable Rate Demand Note Development Revenue Bonds (Series 1998A) Weekly VRDNs,(Manufacturers & Traders Trust Co., Buffalo, NY LOC), 0.350% TOTAL $ 2,475,000 New Hampshire - 4.4% $ 25,290,000 New Hampshire Business Finance Authority (Valley Regional Hospital), (Series 2008) Daily VRDNs,(RBS 64468KBJ4 $ 25,290,000 7/1/ /1/2040 Variable Rate Demand Note Citizens Bank N.A. LOC), 0.120% $ 1,100,000 New Hampshire Business Finance Authority, PCR Bonds (1990 Series A), CP, (New England Power Co.), 64469RDZ0 $ 1,100,000 8/1/2013 8/1/2013 Other Municipal Debt 0.450% TOTAL $ 26,390,000 New Jersey % $ 2,189,710 Barnegat, NJ, BANs, 1.250% EN9 $ 2,197,057 6/20/2014 6/20/2014 Other Municipal Debt $ 1,795,050 Caldwell Borough, NJ, BANs, 1.000% GN2 $ 1,799,447 6/27/2014 6/27/2014 Other Municipal Debt $ 5,000,000 East Greenwich Township, NJ, (Series 2013A), BANs, 1.000% CR6 $ 5,007,820 11/21/ /21/2013 Other Municipal Debt $ 5,000,000 Edison Township, NJ, BANs, 1.000% ZY9 $ 5,003,439 8/30/2013 8/30/2013 Other Municipal Debt $ 4,000,000 Evesham Township, NJ, (Series 2013A), BANs, 1.000% MJ5 $ 4,013,353 5/29/2014 5/29/2014 Other Municipal Debt $ 7,987,579 Gloucester Township, NJ, (Series 2013A), BANs, 1.000% PJ4 $ 8,025,624 6/2/2014 6/2/2014 Other Municipal Debt FMUTR - 3

4 $ 5,000,000 Highland Park, NJ, BANs, 1.250% KA6 $ 5,009,529 11/1/ /1/2013 Other Municipal Debt $ 2,000,000 Jackson Township, NJ, (Series 2012A), BANs, 1.250% GX9 $ 2,001,065 8/7/2013 8/7/2013 Other Municipal Debt $ 2,298,000 Lodi, NJ, BANs, 1.000% KX9 $ 2,301,124 2/14/2014 2/14/2014 Other Municipal Debt $ 4,085,000 Margate, NJ, BANs, 1.250% RL9 $ 4,086,516 7/23/2013 7/23/2013 Other Municipal Debt $ 1,250,000 New Jersey EDA (Services for Children with Hidden Intelligence, Inc.) Weekly VRDNs,(Fulton Bank, N.A. LOC), 1.400% $ 6,060,000 (4)(5) New Jersey State Transportation Trust Fund Authority (New Jersey State), Spears (Series DBE-447) Weekly VRDNs,(Deutsche Bank AG LIQ)/(GTD by Deutsche Bank AG), 0.070% 5,605, HQR5 $ 1,250,000 7/5/2013 1/1/2033 Variable Rate Demand Note 25154LBJ2 $ 6,060,000 7/5/ /15/2036 Variable Rate Demand Note $ North Plainfield, NJ, BANs, 1.250% FH6 $ 5,631,688 6/9/2014 6/9/2014 Other Municipal Debt $ 2,400,000 Ocean City, NJ, BANs, 1.000% PQ2 $ 2,413,187 6/20/2014 6/20/2014 Other Municipal Debt $ 3,040,008 Palisades Park, NJ, BANs, 1.000% FF4 $ 3,046,468 4/17/2014 4/17/2014 Other Municipal Debt $ 1,534,156 Raritan, NJ, BANs, 1.000% FE2 $ 1,538,638 3/20/2014 3/20/2014 Other Municipal Debt $ 10,000,000 South River, NJ, (Series 2012A), BANs, 1.000% NC8 $ 10,014,758 12/18/ /18/2013 Other Municipal Debt $ 2,500,000 Union Township, NJ, (Series 2013), BANs, 1.000% PA3 $ 2,508,471 6/3/2014 6/3/2014 Other Municipal Debt $ 3,684,305 West Orange Township, NJ, BANs, 1.000% DB5 $ 3,688,278 10/22/ /22/2013 Other Municipal Debt TOTAL $ 75,596,463 New York - 4.5% $ 515,000 Cattaraugus County, NY IDA (Gernatt Asphalt Products, Inc.), (Series 1999A) Weekly VRDNs,(Manufacturers & Traders Trust Co., Buffalo, NY LOC), 0.210% $ 1,395,000 Erie County, NY IDA (Servotronics, Inc.), IDRB (Series 1994) Weekly VRDNs,(Bank of America N.A. LOC), 0.320% $ 1,295,000 New York City, NY IDA (Novelty Crystal Corp.), Industrial Development Revenue Bonds (Series 2003) Weekly VRDNs,(TD Bank, N.A. LOC), 0.200% 11,300, PAC6 $ 515,000 7/5/2013 9/1/2014 Variable Rate Demand Note FB9 $ 1,395,000 7/5/ /1/2014 Variable Rate Demand Note SR2 $ 1,295,000 7/5/ /1/2034 Variable Rate Demand Note $ (4)(5) New York State Mortgage Agency, Rocs (Series 11683) Weekly VRDNs,(Citibank NA, New York LIQ), 0.210% 64988P4M5 $ 11,300,000 7/5/2013 4/1/2029 Variable Rate Demand Note $ 6,335,000 (4)(5) New York State Mortgage Agency, Rocs (Series 11701) Weekly VRDNs,(Citibank NA, New York LIQ), 0.210% LK9 $ 6,335,000 7/5/ /1/2022 Variable Rate Demand Note $ 6,370,000 (4)(5) New York State Mortgage Agency, Rocs (Series 11702) Weekly VRDNs,(Citibank NA, New York LIQ), 0.210% LP8 $ 6,370,000 7/5/ /1/2026 Variable Rate Demand Note $ 130,000 (4)(5) New York State Mortgage Agency, Rocs (Series 11705) Weekly VRDNs,(Citibank NA, New York LIQ), 0.210% 64988P4S2 $ 130,000 7/5/ /1/2024 Variable Rate Demand Note TOTAL $ 27,340,000 Ohio - 0.5% $ 3,155,000 Butler County, OH, BANs, 0.400% G0 $ 3,155,000 8/1/2013 8/1/2013 Other Municipal Debt TOTAL $ 3,155,000 Oklahoma - 1.0% $ 6,115,000 (4)(5) Clipper Tax-Exempt Certificates Trust (Oklahoma AMT) Series (Oklahoma HFA) Weekly VRDNs,(GNMA COL)/(State Street Bank and Trust Co. LIQ), 0.180% TOTAL $ 6,115,000 Oregon - 4.7% $ 20,000,000 Oregon State Housing and Community Services Department, (2008 Series C) Weekly VRDNs,(JPMorgan Chase Bank, N.A. LIQ), 0.100% $ 8,000,000 Oregon State Housing and Community Services Department, Single-Family Mortgage Program (2008 Series I) Weekly VRDNs,(JPMorgan Chase Bank, N.A. LIQ), 0.120% TOTAL $ 28,000,000 Rhode Island - 1.8% GK6 $ 6,115,000 7/5/2013 9/1/2037 Variable Rate Demand Note FF9 $ 20,000,000 7/5/2013 7/1/2038 Variable Rate Demand Note GS0 $ 8,000,000 7/5/2013 7/1/2037 Variable Rate Demand Note FMUTR - 4

5 $ 3,815,000 Rhode Island State Health and Educational Building Corp. (CVS-Highlander Charter School, Inc.), (Series 2007) Weekly VRDNs,(RBS Citizens Bank N.A. LOC), 0.160% $ 7,085,000 Rhode Island State Health and Educational Building Corp., (Series 2005A: Catholic School Pool Program Issue) Daily VRDNs,(RBS Citizens Bank N.A. LOC), 0.130% TOTAL $ 10,900,000 Tennessee - 3.4% $ 3,215,000 Coffee County, TN Industrial Board (Fischer Land Development, LLC), (Series 2008) Weekly VRDNs,(Fifth Third Bank, Cincinnati LOC), 0.240% 2,500, CX1 $ 3,815,000 7/5/2013 9/1/2037 Variable Rate Demand Note LB7 $ 7,085,000 7/1/2013 4/1/2035 Variable Rate Demand Note AD6 $ 3,215,000 7/5/2013 6/1/2028 Variable Rate Demand Note $ Covington, TN IDB (Charms Co.), (Series 1992) Weekly VRDNs,(Bank of America N.A. LOC), 0.120% AC1 $ 2,500,000 7/5/2013 6/1/2027 Variable Rate Demand Note $ 2,200,000 Memphis-Shelby County, TN Industrial Development Board - PCRB (Nucor Steel Memphis, Inc.), (Series 2007) Weekly VRDNs,(GTD by Nucor Corp.), 0.380% $ 5,965,000 Metropolitan Government Nashville & Davidson County, TN HEFA (Meharry Medical College), (Series 2009) Weekly VRDNs,(Fifth Third Bank, Cincinnati LOC), 0.200% $ 6,285,000 Metropolitan Government Nashville & Davidson County, TN HEFA (Mur-Ci Homes, Inc.), (Series 2008) Weekly VRDNs,(Fifth Third Bank, Cincinnati LOC), 0.200% TOTAL $ 20,165,000 Texas - 6.0% $ 14,000,000 Calhoun County, TX Navigation District Environmental Facilities (Formosa Plastic Corp.), (Series 2006) Weekly VRDNs,(Bank of America N.A. LOC), 0.140% $ 22,000,000 Gulf Coast, TX Waste Disposal Authority (Air Products LP), Solid Waste Disposal Revenue Bonds (Series 2000) Weekly VRDNs,(Air Products & Chemicals, Inc. LIQ)/(GTD by Air Products & Chemicals, Inc.), 0.090% TOTAL $ 36,000,000 Virginia - 1.7% 58612AAB1 $ 2,200,000 7/5/2013 9/1/2037 Variable Rate Demand Note SK4 $ 5,965,000 7/5/ /1/2024 Variable Rate Demand Note AB7 $ 6,285,000 7/5/2013 6/1/2028 Variable Rate Demand Note AB9 $ 14,000,000 7/5/2013 6/1/2036 Variable Rate Demand Note AR5 $ 22,000,000 7/5/2013 3/1/2035 Variable Rate Demand Note $ 2,450,000 Halifax, VA IDA, MMMs, PCR (Series 1992), CP, (Virginia Electric & Power Co.), 0.700% 40579TJD6 $ 2,450,000 8/2/2013 8/2/2013 Other Municipal Debt $ 8,000,000 Norfolk, VA Redevelopment and Housing Authority (Old Dominion University), (Series 2008) Daily VRDNs,(Bank of America N.A. LOC), 0.090% TOTAL $ 10,450,000 Washington - 5.1% $ 6,125,000 Port Bellingham, WA Industrial Developmnent Corp. (Hempler Foods Group LLC), (Series 2006) Weekly VRDNs,(Bank of Montreal LOC), 0.120% $ 24,600,000 Washington State Housing Finance Commission: Multi-Family Housing (Merrill Gardens at Kirkland LLC), (Series 2007A) Weekly VRDNs,(Bank of America N.A. LOC), 0.120% TOTAL $ 30,725,000 Wisconsin - 8.1% BS7 $ 8,000,000 7/1/2013 8/1/2033 Variable Rate Demand Note AB5 $ 6,125,000 7/5/2013 7/1/2036 Variable Rate Demand Note 93978REY5 $ 24,600,000 7/5/2013 4/15/2041 Variable Rate Demand Note $ 3,900,000 Cashton, WI School District, BANs, 1.250% 14757PBY5 $ 3,905,013 12/12/ /12/2013 Other Municipal Debt $ 7,710,000 Janesville, WI (Seneca Foods Corp.), (Series 1992) Weekly VRDNs,(Royal Bank of Scotland NV LOC), 0.170% AM6 $ 7,710,000 7/5/2013 6/1/2027 Variable Rate Demand Note $ 5,000,000 Rothschild Village, WI (Schuette, Inc.), (Series 2007) Weekly VRDNs,(BMO Harris Bank, N.A. LOC), 0.410% AA7 $ 5,000,000 7/5/2013 8/1/2037 Variable Rate Demand Note $ 25,000,000 Wisconsin Housing & EDA, (Series A) Weekly VRDNs,(Federal Home Loan Bank of Chicago LIQ), 0.100% 97689P2H0 $ 25,000,000 7/5/2013 9/1/2030 Variable Rate Demand Note $ 2,300,000 Wisconsin State HEFA (Benevolent Corporation Cedar Community), (Series 2007) Weekly VRDNs,(JPMorgan Chase Bank, N.A. LOC), 0.090% $ 4,540,000 Wisconsin State HEFA (Wisconsin Lutheran Child & Family Services, Inc.), (Series 2008) Weekly VRDNs,(BMO Harris Bank, N.A. LOC), 0.270% TOTAL $ 48,455,013 TOTAL MUNICIPALS $ 592,735,476 TOTAL INVESTMENTS $ 592,735, V3U0 $ 2,300,000 7/5/2013 6/1/2037 Variable Rate Demand Note 97710V8W1 $ 4,540,000 7/5/2013 7/1/2038 Variable Rate Demand Note FMUTR - 5

6 Includes the name of issuer and coupon or yield of the security. (2) date as determined under Rule 2a-7(d) for purposes of calculating the portfolio's Weighted Average (3) The date on which the fund has an unconditional right to payment of the full principal amount of and any remaining interest on the security. (4) Denotes a restricted security that either: (a) cannot be offered for public sale without first being registered, or being able to take advantage of an exemption from registration, under the Securities Act of 1933; or (b) is subject to a contractual restriction on public sales. At June 28,2013, these restricted securities amounted to $103,149,000, which represented 17.1% of total net assets. (5) Denotes a restricted security that may be resold without restriction to qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933 and that the Fund has determined to be liquid under criteria established by the Fund's Board of Trustees. At June 28,2013, these liquid restricted securities amounted to $103,149,000, which represented 17.1% of total net assets. The categories of investments are shown as a percentage of net assets ($601,733,732) at the close of business on June 28,2013, and may not necessarily reflect adjustments that are routinely made when presenting net assets for formal financial statement purposes. Where appropriate, the following acronyms may be used throughout this portfolio: AMT --Alternative Minimum Tax BAN --Bond Anticipation Note COL --Collateralized COP --Certificate of Participation CP --Commercial Paper CPX --Extendible Commercial Paper CSD --Central School District EDA --Economic Development Authority EDC --Economic Development Commission EDFA --Economic Development Financing Authority EDR --Economic Development Revenue EDRB --Economic Development Revenue Bond FHLB --Federal Home Loan Bank FHLMC --Federal Home Loan Mortgage Corporation FNMA --Federal National Mortgage Association GNMA --Government National Mortgage Association GO --General Obligation GTD --Guaranteed HEFA --Health and Education Facilities Authority HFA --Housing Finance Authority HFDC --Health Facility Development Corporation IDA --Industrial Development Authority IDB --Industrial Development Bond IDC --Industrial Development Corporation IDFA --Industrial Development Finance Authority FMUTR - 6

7 IDR --Industrial Development Revenue IDRB --Industrial Development Revenue Bond INS --Insured INV --Investment Agreement ISD --Independent School District LIQ --Liquidity Agreement LLC --Limited Liability Corporation LOC --Letter of Credit LP --Limited Partnership LT --Limited Tax MERLOTS --Municipal Exempt Receipts-Liquidity Optional Tender Series MFH --Multi-Family Housing MMM --Money Market Municipal PCFA --Pollution Control Finance Authority PCR --Pollution Control Revenue PRF --Prerefunded PUTTER --Puttable Tax-Exempt Receipt ROC --Reset Option Certificate SFM --Single Family Mortgage SPEAR --Short Puttable Exempt Adjustable Receipt TAN --Tax Anticipation Note TOB --Tender Option Bond TRAN --Tax and Revenue Anticipation Note UT --Unlimited Tax VRDN --Variable Rate Demand Note VRDP --Variable Rate Demand Preferred VREN --Variable Rate Extended Note An investment in money market funds is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds. Portfolio holdings are shown as of the date indicated and are unaudited. Since market conditions fluctuate suddenly and frequently, the portfolio holdings may change and this list is not indicative of future portfolio composition. These portfolio holdings are not intended to be and do not constitute recommendations that others buy, sell, or hold any of the securities listed. For more complete information on the fund, visit FederatedInvestors.com for a prospectus or a summary prospectus, if available. You should consider the fund s investment objectives, risks, charges and expenses carefully before you invest. Information about these and other important subjects is in the fund s prospectus or summary prospectus, which you should read carefully before investing. FMUTR - 7

8 NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE Federated Securities Corp., Distributor (33766) 06/28/2013 Federated is a registered mark of Federated Investors, Inc Federated Investors, Inc. FMUTR - 8