Investment Company Act file number 811-6622
Nuveen Select Tax-Free Income Portfolio 2
(Exact name of registrant as specified in charter)
333 West Wacker Drive, Chicago, Illinois 60606
(Address of principal executive offices) (Zip code)
Jessica R. Droeger—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: 09/30
Date of reporting period: 12/31/04
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 Select Tax-Free Income Portfolio 2 (NXQ)
December 31, 2004
| Principal |
Optional Call |
Market |
||||
|---|---|---|---|---|---|---|
| Amount (000) |
Description |
Provisions* |
Ratings** |
Value |
||
Arkansas - 1.6% |
||||||
|
||||||
| $ | 1,000 |
Fort Smith, Arkansas, Water and Sewer Revenue Refunding and Construction Bonds, Series 2002A, |
10/11 at 100.00 |
AAA |
$ 1,074,800 |
|
5.000%, 10/01/19 - FSA Insured |
||||||
1,000 |
Sebastian County Health Facilities Board, Arkansas, Hospital Revenue Improvement Bonds, Sparks |
11/11 at 101.00 |
Baa1 |
1,014,350 |
||
Regional Medical Center, Series 2001A, 5.250%, 11/01/21 |
||||||
2,000 |
University of Arkansas, Fayetteville, Various Facilities Revenue Bonds, Series 2002, 5.000%, |
12/12 at 100.00 |
Aaa |
2,044,120 |
||
12/01/32 - FGIC Insured |
||||||
California - 5.5% |
||||||
|
||||||
1,000 |
Alameda Corridor Transportation Authority, California, Subordinate Lien Revenue Bonds, Series |
10/17 at 100.00 |
AAA |
712,190 |
||
2004A, 0.000%, 10/01/25 - AMBAC Insured |
||||||
2,500 |
California, General Obligation Bonds, Series 1997, 5.000%, 10/01/18 - AMBAC Insured |
10/07 at 101.00 |
AAA |
2,665,250 |
||
3,325 |
California Department of Water Resources, Power Supply Revenue Bonds, Series 2002A, 6.000%, |
5/12 at 101.00 |
A2 |
3,867,973 |
||
5/01/14 |
||||||
2,000 |
California State Public Works Board, Lease Revenue Refunding Bonds, Various University of |
No Opt. Call |
Aa2 |
2,251,280 |
||
California Projects, Series 1993A, 5.500%, 6/01/14 |
||||||
500 |
California State Public Works Board, Lease Revenue Refunding Bonds, Community Colleges Projects, |
12/08 at 101.00 |
A- |
523,840 |
||
Series 1998A, 5.250%, 12/01/16 |
||||||
500 |
Contra Costa Water District, California, Water Revenue Refunding Bonds, Series 1997H, 5.000%, |
10/07 at 100.00 |
AA |
528,425 |
||
10/01/17 |
||||||
500 |
Contra Costa County, California, Certificates of Participation Refunding, Merrithew Memorial |
11/07 at 102.00 |
AAA |
546,290 |
||
Hospital Replacement Project, Series 1997, 5.375%, 11/01/17 - MBIA Insured |
||||||
3,000 |
Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, |
6/13 at 100.00 |
BBB |
3,004,530 |
||
Series 2003A-1, 6.750%, 6/01/39 |
||||||
Colorado - 8.7% |
||||||
|
||||||
Colorado Health Facilities Authority, Revenue Bonds, Catholic Health Initiatives, Series 2002A: |
||||||
1,700 |
5.500%, 3/01/22 |
3/12 at 100.00 |
AA*** |
1,913,741 |
||
1,300 |
5.500%, 3/01/22 |
3/12 at 100.00 |
AA |
1,415,570 |
||
1,555 |
Denver City and County, Colorado, Airport System Revenue Refunding Bonds, Series 2001, 5.500%, |
11/11 at 100.00 |
AAA |
1,738,412 |
||
11/15/16 - FGIC Insured |
||||||
5,000 |
Denver City and County, Colorado, Airport System Revenue Refunding Bonds, Series 2001A, 5.625%, |
11/11 at 100.00 |
AAA |
5,510,550 |
||
11/15/17 (Alternative Minimum Tax) - FGIC Insured |
||||||
3,185 |
Denver City and County, Colorado, Airport System Revenue Bonds, Series 1991D, 7.750%, 11/15/13 |
No Opt. Call |
A |
3,862,768 |
||
(Alternative Minimum Tax) |
||||||
3,000 |
Denver Convention Center Hotel Authority, Colorado, Senior Revenue Bonds, Convention Center Hotel, |
12/13 at 100.00 |
AAA |
3,141,600 |
||
Series 2003A, 5.000%, 12/01/23 - XLCA Insured |
||||||
E-470 Public Highway Authority, Colorado, Senior Revenue Bonds, Series 2000B: |
||||||
5,000 |
0.000%, 9/01/24 - MBIA Insured |
No Opt. Call |
AAA |
1,907,650 |
||
5,000 |
0.000%, 9/01/28 (Pre-refunded to 9/01/10) - MBIA Insured |
9/10 at 31.42 |
AAA |
1,295,100 |
||
250 |
Northwest Parkway Public Highway Authority, Colorado, Revenue Bonds, Senior Series 2001A, 5.250%, |
6/11 at 102.00 |
AAA |
261,718 |
||
6/15/41 - FSA Insured |
||||||
1,100 |
University of Colorado Hospital Authority, Hospital Revenue Bonds, Series 2001A, 5.600%, 11/15/31 |
11/11 at 100.00 |
A3 |
1,136,751 |
||
District of Columbia - 0.2% |
||||||
|
||||||
500 |
District of Columbia, Hospital Revenue Refunding Bonds, Medlantic Healthcare Group, Series 1996A, |
8/06 at 102.00 |
AAA |
534,595 |
||
5.750%, 8/15/16 - MBIA Insured |
||||||
Florida - 2.4% |
||||||
|
||||||
6,060 |
JEA St. John's River Power Park System, Florida, Revenue Refunding Bonds, Issue Two, Series Nine, |
4/05 at 100.00 |
Aa2 |
6,070,060 |
||
5.250%, 10/01/21 |
||||||
Hawaii - 0.5% |
||||||
|
||||||
1,100 |
Hawaii, Certificates of Participation, Kapolei State Office Building, Series 1998A, 5.000%, |
11/08 at 101.00 |
AAA |
1,179,519 |
||
5/01/17 - AMBAC Insured |
||||||
Illinois - 14.4% |
||||||
|
||||||
4,425 |
Chicago Metropolitan Housing Development Corporation, Illinois, FHA-Insured Section 8 Housing |
1/05 at 100.00 |
AA |
4,432,611 |
||
Development Revenue Refunding Bonds, Series 1992, 6.800%, 7/01/17 |
||||||
2,400 |
Chicago, Illinois, Special Facility Revenue Refunding Bonds, O'Hare International Airport, United |
No Opt. Call |
N/R |
504,000 |
||
Air Lines Inc. Project, Series 2001C, 6.300%, 5/01/16# |
||||||
250 |
Illinois Development Finance Authority, Economic Development Revenue Bonds, Latin School of Chicago |
8/08 at 100.00 |
Baa2 |
262,400 |
||
Project, Series 1998, 5.200%, 8/01/11 |
||||||
3,000 |
Illinois Health Facilities Authority, Revenue Bonds, Rush-Presbyterian St. Luke's Medical Center |
5/05 at 101.00 |
AAA |
3,034,800 |
||
Obligated Group, Series 1993, 5.250%, 11/15/20 - MBIA Insured |
||||||
1,055 |
Illinois Health Facilities Authority, Revenue Bonds, Loyola University Health System, Series 2001A, |
7/11 at 100.00 |
Baa1 |
1,092,959 |
||
6.125%, 7/01/31 |
||||||
2,255 |
Illinois Health Facilities Authority, Revenue Bonds, Lake Forest Hospital, Series 2002A, 6.250%, |
7/12 at 100.00 |
A- |
2,503,095 |
||
7/01/22 |
||||||
1,900 |
Illinois Housing Development Authority, Homeowner Mortgage Revenue Bonds, Series 2000D-3, 5.700%, |
2/10 at 100.00 |
AA |
2,034,368 |
||
8/01/17 |
||||||
600 |
Illinois Educational Facilities Authority, Student Housing Revenue Bonds, Educational Advancement |
5/12 at 101.00 |
Baa2 |
641,910 |
||
Foundation Fund, University Center Project, Series 2002, 6.000%, 5/01/22 |
||||||
5,700 |
Illinois, Sales Tax Revenue Bonds, First Series 2002, 5.000%, 6/15/22 |
6/13 at 100.00 |
AAA |
6,007,116 |
||
45 |
Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion |
6/05 at 100.00 |
A1 |
45,530 |
||
Project, Series 1992A, 6.500%, 6/15/22 |
||||||
7,000 |
Metropolitan Pier and Exposition Authority, Illinois, Revenue Refunding Bonds, McCormick Place |
6/12 at 101.00 |
AAA |
7,407,750 |
||
Expansion Project, Series 2002B, 5.000%, 6/15/21 - MBIA Insured |
||||||
5,045 |
Sauk Village, Illinois, General Obligation Alternate Revenue Source Bonds, Tax Increment, Series |
12/12 at 100.00 |
AA |
5,190,952 |
||
2002A, 5.000%, 6/01/22 - RAAI Insured |
||||||
Sauk Village, Illinois, General Obligation Alternate Revenue Source Bonds, Tax Increment, Series |
||||||
2002B: |
||||||
1,060 |
0.000%, 12/01/17 - RAAI Insured |
No Opt. Call |
AA |
560,814 |
||
1,135 |
0.000%, 12/01/18 - RAAI Insured |
No Opt. Call |
AA |
567,909 |
||
1,100 |
Schaumburg, Illinois, General Obligation Bonds, Series 2004B, 5.250%, 12/01/34 - FGIC Insured |
12/14 at 100.00 |
AAA |
1,168,629 |
||
1,000 |
Yorkville, Illinois, General Obligation Debt Certificates, Series 2003, 5.000%, 12/15/21 - RAAI |
12/11 at 100.00 |
AA |
1,028,350 |
||
Insured |
||||||
Indiana - 2.8% |
||||||
|
||||||
1,000 |
Franklin Community Multi-School Building Corporation, Marion County, Indiana, First Mortgage |
7/14 at 100.00 |
AAA |
1,059,500 |
||
Revenue Bonds, Series 2004, 5.000%, 7/15/22 - FGIC Insured |
||||||
4,380 |
Indiana Municipal Power Agency, Power Supply System Revenue Bonds, Series 2002A, 5.125%, 1/01/21 - |
1/12 at 100.00 |
AAA |
4,633,865 |
||
AMBAC Insured |
||||||
1,440 |
Indiana Housing Finance Authority, Single Family Mortgage Revenue Bonds, Series 2002C-2, 5.250%, |
7/11 at 100.00 |
Aaa |
1,491,667 |
||
7/01/23 (Alternative Minimum Tax) |
||||||
Iowa - 1.5% |
||||||
|
||||||
Iowa Tobacco Settlement Authority, Tobacco Settlement Asset-Backed Revenue Bonds, Series 2001B: |
||||||
1,000 |
5.300%, 6/01/25 |
6/11 at 101.00 |
BBB |
883,340 |
||
3,500 |
5.600%, 6/01/35 |
6/11 at 101.00 |
BBB |
3,032,855 |
||
Louisiana - 2.1% |
||||||
|
||||||
2,125 |
Louisiana Public Facilities Authority, Revenue Bonds, Baton Rouge General Hospital, Series 2004, |
7/14 at 100.00 |
AAA |
2,277,660 |
||
5.250%, 7/01/24 - MBIA Insured |
||||||
3,000 |
Louisiana Public Facilities Authority, Revenue Bonds, Tulane University, Series 2002A, 5.125%, |
7/12 at 100.00 |
AAA |
3,129,870 |
||
7/01/27 - AMBAC Insured |
||||||
Massachusetts - 2.2% |
||||||
|
||||||
3,000 |
Massachusetts Health and Educational Facilities Authority, Revenue Bonds, Berkshire Health System, |
10/11 at 101.00 |
BBB+ |
3,147,330 |
||
Series 2001E, 6.250%, 10/01/31 |
||||||
2,090 |
Massachusetts Water Resources Authority, General Revenue Bonds, Series 1993C, 5.250%, 12/01/15 - |
No Opt. Call |
AAA |
2,352,086 |
||
MBIA Insured |
||||||
Michigan - 2.0% |
||||||
|
||||||
2,900 |
Michigan State Hospital Finance Authority, Revenue Refunding Bonds, Trinity Health Credit Group, |
12/12 at 100.00 |
AA- |
3,003,791 |
||
Series 2002C, 5.375%, 12/01/30 |
||||||
2,000 |
Plymouth-Canton Community School District, Wayne and Washtenaw Counties, Michigan, Unlimited Tax |
5/09 at 100.00 |
AA+ |
2,096,660 |
||
General Obligation School Building and Site Bonds, Series 1999, 4.750%, 5/01/18 |
||||||
Nevada - 7.0% |
||||||
|
||||||
500 |
Clark County, Nevada, Limited Tax General Obligation Las Vegas Convention and Visitors Authority |
7/06 at 101.00 |
AAA |
527,225 |
||
Bonds, Series 1996, 5.500%, 7/01/17 - MBIA Insured |
||||||
1,500 |
Clark County, Nevada, General Obligation Bank Bonds, Southern Nevada Water Authority Loan, Series |
6/11 at 100.00 |
AAA |
1,648,140 |
||
2001, 5.300%, 6/01/19 - FGIC Insured |
||||||
Director of Nevada State Department of Business and Industry, Revenue Bonds, Las Vegas Monorail |
||||||
Project, First Tier, Series 2000: |
||||||
4,595 |
0.000%, 1/01/22 - AMBAC Insured |
No Opt. Call |
AAA |
1,962,984 |
||
13,250 |
5.375%, 1/01/40 - AMBAC Insured |
1/10 at 100.00 |
AAA |
13,742,900 |
||
New Jersey - 1.0% |
||||||
|
||||||
2,500 |
New Jersey Health Care Facilities Financing Authority, Revenue Bonds, Somerset Medical Center, |
7/13 at 100.00 |
Baa3 |
2,575,225 |
||
Series 2003, 5.500%, 7/01/23 |
||||||
New Mexico - 2.4% |
||||||
|
||||||
University of New Mexico, FHA-Insured Mortgage Hospital Revenue Bonds, Series 2004: |
||||||
555 |
4.625%, 1/01/25 - FSA Insured |
7/14 at 100.00 |
AAA |
556,060 |
||
660 |
4.625%, 7/01/25 - FSA Insured |
7/14 at 100.00 |
AAA |
661,261 |
||
2,000 |
4.750%, 7/01/27 - FSA Insured |
7/14 at 100.00 |
AAA |
2,004,560 |
||
3,000 |
4.750%, 1/01/28 - FSA Insured |
7/14 at 100.00 |
AAA |
2,987,520 |
||
New York - 6.5% |
||||||
|
||||||
2,000 |
New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue Bonds, |
12/14 at 100.00 |
AAA |
2,056,840 |
||
Fiscal Series 2005B, 5.000%, 6/15/36 - FSA Insured |
||||||
2,700 |
Dormitory Authority of the State of New York, Revenue Bonds, Mount Sinai NYU Health Obligated |
7/10 at 101.00 |
Ba1 |
2,862,486 |
||
Group, Series 2000A, 6.500%, 7/01/17 |
||||||
4,000 |
New York State Medical Care Facilities Finance Agency, FHA-Insured Mortgage Revenue Bonds, New York |
2/05 at 102.00 |
AAA |
4,103,160 |
||
and Presbyterian Hospital, Series 1994A, 6.750%, 8/15/14 (Pre-refunded to 2/15/05) - AMBAC Insured |
||||||
3,000 |
New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and State |
6/11 at 100.00 |
AA- |
3,312,150 |
||
Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/16 |
||||||
3,810 |
Triborough Bridge and Tunnel Authority, New York, Convention Center Bonds, Series 1990E, 7.250%, |
No Opt. Call |
AA- |
4,265,981 |
||
1/01/10 |
||||||
North Carolina - 0.6% |
||||||
|
||||||
1,500 |
Charlotte-Mecklenburg Hospital Authority, North Carolina, Healthcare System Revenue Bonds, |
1/11 at 101.00 |
AA |
1,513,245 |
||
Carolinas Healthcare System, Series 2001A, 5.000%, 1/15/31 |
||||||
Ohio - 1.1% |
||||||
|
||||||
2,800 |
Cuyahoga County, Ohio, Hospital Revenue Bonds, Cleveland Clinic Foundation - Meridia Health System, |
8/05 at 102.00 |
AAA |
2,928,268 |
||
Series 1995, 6.250%, 8/15/14 (Pre-refunded to 8/15/05) |
||||||
Pennsylvania - 2.3% |
||||||
|
||||||
1,000 |
Dauphin County General Authority, Pennsylvania, Health System Revenue Bonds, Pinnacle Health System |
2/09 at 101.00 |
AAA |
1,069,590 |
||
Project, Series 1999, 5.125%, 8/15/17 - MBIA Insured |
||||||
1,000 |
Philadelphia Authority for Industrial Development, Pennsylvania, Airport Revenue Bonds, |
7/11 at 101.00 |
AAA |
1,098,320 |
||
Philadelphia Airport System Project, Series 2001A, 5.500%, 7/01/17 (Alternative Minimum Tax) - |
||||||
FGIC Insured |
||||||
3,250 |
Philadelphia School District, Pennsylvania, General Obligation Bonds, Series 2002A, 5.500%, |
2/12 at 100.00 |
AAA |
3,717,675 |
||
2/01/31 (Pre-refunded to 2/01/12) - FSA Insured |
||||||
Puerto Rico - 1.3% |
||||||
|
||||||
3,000 |
Puerto Rico Housing Finance Authority, Capital Fund Program Revenue Bonds, Series 2003, 5.000%, |
12/13 at 100.00 |
AA*** |
3,187,170 |
||
12/01/20 |
||||||
Rhode Island - 1.8% |
||||||
|
||||||
5,000 |
Rhode Island Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed Bonds, |
6/12 at 100.00 |
BBB |
4,650,600 |
||
Series 2002A, 6.250%, 6/01/42 |
||||||
South Carolina - 6.3% |
||||||
|
||||||
4,000 |
Greenville County School District, South Carolina, Installment Purchase Revenue Bonds, Series 2002, |
12/12 at 101.00 |
AA- |
4,504,720 |
||
5.875%, 12/01/19 |
||||||
2,500 |
Lexington County Health Service District, South Carolina, Hospital Revenue Refunding and |
11/13 at 100.00 |
A |
2,799,100 |
||
Improvement Bonds, Series 2003, 6.000%, 11/01/18 |
||||||
8,350 |
South Carolina Public Service Authority, Revenue Refunding Bonds, Santee Cooper Electric System, |
1/06 at 102.00 |
AAA |
8,777,520 |
||
Series 1996A, 5.750%, 1/01/22 - MBIA Insured |
||||||
South Dakota - 0.4% |
||||||
|
||||||
1,000 |
South Dakota Health and Educational Facilities Authority, Revenue Bonds, Sioux Valley Hospital and |
11/14 at 100.00 |
A+ |
1,013,110 |
||
Health System, Series 2004A, 5.250%, 11/01/34 |
||||||
Texas - 14.0% |
||||||
|
||||||
4,000 |
Brazos River Harbor Navigation District, Brazoria County, Texas, Environmental Facilities Revenue |
5/12 at 101.00 |
A- |
4,370,160 |
||
Bonds, Dow Chemical Company Project, Series 2002A-6, 6.250%, 5/15/33 (Alternative Minimum Tax) |
||||||
(Mandatory put 5/15/17) |
||||||
1,330 |
Cleveland Housing Corporation, Texas, FHA-Insured Section 8 Assisted Mortgage Revenue Refunding |
1/05 at 100.00 |
AAA |
1,332,221 |
||
Bonds, Series 1992C, 7.375%, 7/01/24 - MBIA Insured |
||||||
4,550 |
Harris County-Houston Sports Authority, Texas, Junior Lien Revenue Bonds, Series 2001H, 0.000%, |
11/31 at 53.78 |
AAA |
558,649 |
||
11/15/41 - MBIA Insured |
||||||
2,500 |
Harris County Health Facilities Development Corporation, Texas, Hospital Revenue Bonds, Texas |
10/05 at 102.00 |
AAA |
2,847,900 |
||
Children's Hospital, Series 1995, 5.500%, 10/01/16 - MBIA Insured |
||||||
3,000 |
Harris County Health Facilities Development Corporation, Texas, Thermal Utility Revenue Bonds, TECO |
11/13 at 100.00 |
AAA |
3,057,960 |
||
Project, Series 2003, 5.000%, 11/15/30 - MBIA Insured |
||||||
2,000 |
Houston, Texas, Airport System Subordinate Lien Revenue Bonds, Series 2002A, 5.625%, 7/01/20 |
7/12 at 100.00 |
AAA |
2,196,160 |
||
(Alternative Minimum Tax) - FSA Insured |
||||||
3,125 |
Katy Independent School District, Harris, Fort Bend and Waller Counties, Texas, General Obligation |
2/12 at 100.00 |
AAA |
3,175,719 |
||
Bonds, Series 2002A, 5.000%, 2/15/32 |
||||||
1,000 |
Killeen Independent School District, Bell County, Texas, General Obligation Bonds, Series 1998, |
2/08 at 100.00 |
AAA |
1,067,470 |
||
5.000%, 2/15/14 |
||||||
4,750 |
Sam Rayburn Municipal Power Agency, Texas, Power Supply System Revenue Refunding Bonds, Series |
10/12 at 100.00 |
AA |
5,170,945 |
||
2002A, 5.500%, 10/01/17 - RAAI Insured |
||||||
1,000 |
Texas, General Obligation Bonds, Water Financial Assistance Program, Series 2003A, 5.125%, 8/01/42 |
8/13 at 100.00 |
Aa1 |
1,009,290 |
||
(Alternative Minimum Tax) |
||||||
8,900 |
Texas Turnpike Authority, Dallas North Tollway System Revenue Bonds, President George Bush |
1/06 at 102.00 |
AAA |
9,269,528 |
||
Turnpike, Series 1995, 5.250%, 1/01/23 - FGIC Insured |
||||||
1,250 |
Texas Water Development Board, Senior Lien State Revolving Fund Revenue Bonds, Series 1996B, |
1/07 at 100.00 |
AAA |
1,306,813 |
||
5.125%, 7/15/18 |
||||||
Utah - 0.6% |
||||||
|
||||||
1,435 |
Salt Lake City and Sandy Metropolitan Water District, Utah, Water Revenue Bonds, Series 2004, |
7/14 at 100.00 |
Aaa |
1,531,701 |
||
5.000%, 7/01/21 |
||||||
Vermont - 2.7% |
||||||
|
||||||
3,000 |
Vermont Housing Finance Agency, Multifamily Housing Bonds, Series 1999C, 5.800%, 8/15/16 - FSA |
2/09 at 100.00 |
AAA |
3,163,080 |
||
Insured |
||||||
3,600 |
Vermont Industrial Development Authority, Industrial Development Revenue Refunding Bonds, Stanley |
3/05 at 100.00 |
A |
3,607,092 |
||
Works Inc. Project, Series 1992, 6.750%, 9/01/10 |
||||||
Virginia - 0.5% |
||||||
|
||||||
250 |
Norfolk, Virginia, Water Revenue Bonds, Series 1995, 5.750%, 11/01/13 - MBIA Insured |
11/05 at 102.00 |
AAA |
262,250 |
||
1,000 |
Virginia Transportation Board, Transportation Revenue Refunding Bonds, U.S. Route 58 Corridor |
5/07 at 101.00 |
AA+ |
1,063,160 |
||
Development Program, Series 1997C, 5.125%, 5/15/19 |
||||||
Washington - 3.6% |
||||||
|
||||||
2,000 |
Washington State Healthcare Facilities Authority, Revenue Bonds, Catholic Health Initiatives, |
12/07 at 101.00 |
AAA |
2,141,640 |
||
Series 1997A, 5.125%, 12/01/17 - MBIA Insured |
||||||
6,715 |
Washington State Healthcare Facilities Authority, Revenue Bonds, Sisters of Providence Health |
10/11 at 100.00 |
AAA |
7,149,461 |
||
System, Series 2001A, 5.125%, 10/01/17 - MBIA Insured |
||||||
Wisconsin - 2.1% |
||||||
|
||||||
4,000 |
Wisconsin Housing and Economic Development Authority, Home Ownership Revenue Bonds, Series 2002G, |
3/12 at 100.00 |
AA |
4,198,120 |
||
4.850%, 9/01/17 |
||||||
1,000 |
Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Wheaton Franciscan Services |
8/13 at 100.00 |
A |
1,073,640 |
||
Inc., Series 2003A, 5.500%, 8/15/18 |
||||||
| $ | 254,355 |
Total Long-Term Investments (cost $240,572,386) - 98.1% |
249,871,668 |
|||
Short-Term Investments - 0.4% |
||||||
|
||||||
1,000 |
New York City, New York, General Obligation Bonds, Variable Rate Demand Obligations, Fiscal Series |
A-1+ |
1,000,000 |
|||
2002A-7, 1.880%, 11/01/24 - AMBAC Insured † |
||||||
| $ | 1,000 |
Total Short-Term Investments (cost $1,000,000) |
1,000,000 |
|||
Total Investments (cost $241,572,386) - 98.5% |
250,871,668 |
|||||
Other Assets Less Liabilities - 1.5% |
3,859,305 |
|||||
Net Assets - 100% |
$254,730,973 |
|||||
* |
Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There |
||
may be other call provisions at varying prices at later dates. |
|||
** |
Ratings: Using the higher of Standard & Poor's or Moody's rating. |
||
*** |
Securities are backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency |
||
securities which ensures the timely payment of principal and interest. Such securities are normally considered |
|||
to be equivalent to AAA rated securities. |
|||
# |
On December 9, 2002, UAL Corporation, the holding company of United Air Lines, Inc. filed for federal |
||
bankruptcy protection. The Adviser determined that it was likely United would not remain current on their |
|||
interest payment obligations with respect to these bonds and thus has stopped accruing interest. |
|||
N/R |
Investment is not rated. |
||
† |
Security has a maturity of more than one year, but has variable rate and demand features which qualify it as a |
||
short-term security. The rate disclosed is that currently in effect. This rate changes periodically based on |
|||
market conditions or a specified market index. |
|||
Income Tax Information |
|||
The following information is presented on an income tax basis. Differences between amounts for financial |
|||
statement and federal income tax purposes are primarily due to timing differences in recognizing income on |
|||
taxable market discount securities and timing differences in recognizing certain gains and losses on security |
|||
transactions. |
|||
At December 31, 2004, the cost of investments was $241,494,722. |
|||
Gross unrealized appreciation and gross unrealized depreciation of investments at December 31, 2004, were as |
|||
follows: |
|||
Gross unrealized: |
|||
Appreciation |
$11,706,363 |
||
Depreciation |
(2,329,417) |
||
Net unrealized appreciation of investments |
$ 9,376,946 |
||
Item 2. Controls and Procedures.
Item 3. Exhibits.
File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Nuveen Select Tax-Free Income Portfolio 2
By (Signature and Title)* /s/ Jessica R. Droeger--Vice President and Secretary
Date 02/28/05
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Gifford R. Zimmerman--Chief Administrative Officer (principal executive officer)
Date 02/28/05
By (Signature and Title)* /s/ Stephen D. Foy--Vice President and Controller (principal financial officer)
Date 02/28/05
* Print the name and title of each signing officer under his or her signature.