Citi Institutional Tax Free Reserves

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FULL HOLDINGS as of Sep-30-2008
IDENTIFIERHOLDINGS (UNAUDITED)AMORTIZED COST*% OF PORTFOLIO
362848PV9 Gainesville FL Utils Sys Rev $47,265,000.00 1.95
46941AGL0 City of Jacksonville $44,250,000.00 1.82
02913LGF6 American Pub Energy Agy Ne Gas $43,500,000.00 1.79
68179NPZ8 Omaha Pub Pwr Dist E $42,500,000.00 1.75
645918NK5 New Jersey Economic Dev Auth $35,000,000.00 1.44
57586MBT9 Mass Hlth & Ed Unv R $32,146,000.00 1.32
64972AAB3 New York City ECN $29,000,000.00 1.20
914174BH9 University Co Hosp Auth Rev $25,150,000.00 1.04
64971VHZ8 New York City ECN $25,000,000.00 1.03
69655PMJ3 Schl Dst Of Plm Bch $23,000,000.00 0.95
91445XAM1 Rgts Univ Michigan $22,290,000.00 0.92
89905DAA8 TULALIP TRIBES OF THE TULALIP $21,900,000.00 0.90
63968F3V4 NE Publ Pwr Dst $21,700,000.00 0.89
176553DH5 Citizens Property Ins Corp FL $20,259,923.21 0.83
57586CM69 Massachusetts St Hlth Edl Facs $20,000,000.00 0.82
947134RM6 Weatherford TX Indpt Sch Dist $18,300,000.00 0.75
2548392M4 DISTRICT COLUMBIA REV $18,000,000.00 0.74
46614XHH4 Jea V/Rt Ser 200F $17,500,000.00 0.72
708793GP3 PENNSYLVANIA HSG FIN AGY $17,000,000.00 0.70
047870DB3 Atlanta Ga Wtr & Wastewtr Rev $16,800,000.00 0.69
074851MY9 Beaver Cnty PA $16,700,000.00 0.69
1675926Z2 Chicago IL O'Hare Intl Arpt Rev $16,700,000.00 0.69
92428CFJ8 Vermont St Student Assistance $16,600,000.00 0.68
23981MAC0 DAYTON MONTGOMERY CNTY PORT $16,000,000.00 0.66
017292UB7 ALLEGHENY CNTY PA INDL DEV $15,280,362.41 0.63
917572TV1 UTAH WTR FIN AGENCY REV $15,100,000.00 0.62
44234TTH5 HOUSTON TX ARPT SYS $15,000,000.00 0.62
59264JCJ2 METRO WASH ARPTS AUTH $15,000,000.00 0.62
93978THP7 WASHINGTON ST HSG FIN COMMN $15,000,000.00 0.62
92778LAC4 LINEINIA COMWLTH UNIV HEALTH S $15,000,000.00 0.62
44706DAC0 Huntsville AL Health $15,000,000.00 0.62
79448MAL9 CITY OF SALEM WTR & SW $14,865,000.00 0.61
372730CJ8 GEORGETOWN KY INDL BLDG REV $14,750,000.00 0.61
731125JD3 POLK CNTY SCH BR $14,650,000.00 0.60
93978REN9 WASHINGTON ST HSG FIN COMMN $14,640,000.00 0.60
5760494Y3 MASSACHUSETTS ST WTR RES AUTH $14,615,000.00 0.60
89657TAC9 TRINITY RIVER AUTH TX $13,750,000.00 0.57
61334MNE6 MONTGOMERY CNTY MD HSG OPPTYS $13,580,000.00 0.56
45200BPK8 Illonois Fin Auth Rev $13,435,000.00 0.55
515742AB0 LANGHORNE MANOR BORO PA $13,220,000.00 0.54
574217E43 MARYLAND ST HEALTH HIGHER EDL $13,200,000.00 0.54
414152SA7 HARRIS CNTY TX HLTH FACS HOSP $13,100,000.00 0.54
60415M7W8 MINNESOTA ST HSG FIN AGY $12,500,000.00 0.52
514045ZF3 LANCASTER CNTY PA HOSP AUTH $12,200,000.00 0.50
16104NCG3 CITY OF CHARLOTTE NC $12,072,000.00 0.50
51784UTP3 LAS VEGAS VLY WTR DIST $11,400,000.00 0.47
05922DAA3 BALTIMORE MD INDL DEV AUTH REV $11,200,000.00 0.46
98322P8X0 WYOMING CMNTY DEV AUTH HSG REV $11,000,000.00 0.45
662826DJ2 NORTH TX HIGHER ED AUTH INC $10,800,000.00 0.45
746559AT0 PUTNAM CNTY GA DEV AUTH $10,800,000.00 0.45
93978LER3 WASHINGTON ST HSG FIN COMMN $10,695,000.00 0.44
658190AC7 NORTH CAROLINA CAP FACS FIN AG $10,490,000.00 0.43
04787PAY1 CITY OF ATL GA WSTWTR $10,470,000.00 0.43
664257AT9 NORTHEAST MD WASTE DISP SOLID $10,403,206.47 0.43
613609XG6 MONTGOMERY CNTY PA INDL DEV RE $10,300,000.00 0.42
520121DS0 LAWRENCE KS $10,220,000.00 0.42
167485JS1 CHICAGO IL $10,000,000.00 0.41
187490AL1 CLINTON CNTY OH HOSP REV $10,000,000.00 0.41
546398UD8 LOUISIANA PUB FACS AUTH REV $10,000,000.00 0.41
592113AK0 METROPOLITAN GOVT NASHVILLE $10,000,000.00 0.41
613549FH2 MONTGOMERY CNTY OH REV $10,000,000.00 0.41
98322PZ44 WYOMING CMNTY DEV AUTH HSG REV $10,000,000.00 0.41
952354BK3 WEST CORNWALL TWP PA MUN AUTH $10,000,000.00 0.41
93878PEV6 WA DC METRO AREA TRST $10,000,000.00 0.41
91512HBA9 UNIVERSITY TEX PERM UNIV FD $10,000,000.00 0.41
708840HD8 Pennsylvania Intrgvrnmntl Coop $10,000,000.00 0.41
57557YDC3 Mass Bay Trans Auth $10,000,000.00 0.41
497850HT7 KISSIMMEE FL UTIL AUTH ELEC $10,000,000.00 0.41
458840KD6 INTRMOUNTAIN PWR AGY UT PWR $10,000,000.00 0.41
85732PBQ2 STATE PUB SCH BLDG AUTH PA REV $9,985,000.00 0.41
650367DH5 Newark NY $9,916,542.50 0.41
644614VM8 NEW HAMPSHIRE HEALTH + ED FACS $9,860,000.00 0.41
57557TAC7 MASSACHUSETTS BAY TRANS AUTH $9,800,000.00 0.40
657902YH9 NORTH CAROLINA MED CARE HLTH $9,500,000.00 0.39
362762JQ0 GAINSVILLE + HALL CNTY GA HOSP $9,300,000.00 0.38
469404TU1 JACKSONVILLE FL HLTH FACS HOSP $9,200,000.00 0.38
612221F48 MONTCLAIR TWP NJ $9,016,226.38 0.37
46874GCW8 JACKSON TN HLTH + EDL HSG FAC $9,000,000.00 0.37
93978ES52 WASHINGTON ST HEALTH CARE FACS $9,000,000.00 0.37
98322P7H6 WYOMING CMNTY DEV AUTH HSG REV $9,000,000.00 0.37
762197CH2 RHODE ISLAND HEALTH + EDL $8,925,000.00 0.37
938592GQ9 WASHINGTON CNTY PA HOSP AUTH $8,775,000.00 0.36
452151MZ3 Illinois St $8,700,000.00 0.36
927781DQ4 Virginia College Bldg Auth $8,600,000.00 0.35
373586FN1