Citi Institutional Tax Free Reserves

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FULL HOLDINGS as of May-31-2008
IDENTIFIERHOLDINGS (UNAUDITED)AMORTIZED COST*% OF PORTFOLIO
23468PAJ0 DALLAS CNTY TEX CMNTY $72,500,000.00 2.94
46941AGK2 CITY OF JACKSONVILLE $44,250,000.00 1.80
68179NPD7 Omaha Pub Pwr Dist E $42,500,000.00 1.73
61352PAA8 Montgomery County $36,975,000.00 1.50
25476FEK0 District Columbia For Issues $25,069,419.80 1.02
8951303T7 Trenton NJ $23,482,801.29 0.95
61335TBG8 Montgomery Cnty Ban $22,300,000.00 0.91
91445WJC6 RGTS UNIV MICHIGAN $22,290,000.00 0.91
54877HAG4 LOWRY ECONOMIC REDEV AUTH CO $21,020,000.00 0.85
69655PLW5 School District Of Palm Beach $20,000,000.00 0.81
947134RM6 Weatherford TX Indpt Sch Dist $20,000,000.00 0.81
708840HD8 PENNSYLVANIA INTRGVRNMNTL COOP $20,000,000.00 0.81
91521MGE4 Rector & Vistrs Unty $19,000,000.00 0.77
160429QS8 Charleston SC Wtrwks & Swr RE $18,300,000.00 0.74
64966TBC7 NEW YORK NY CITY HSG DEV CORP $17,900,000.00 0.73
614148EU4 Montgomery Township NJ $17,739,407.01 0.72
46614XGY8 JEA V/Rt Ser 200F $17,500,000.00 0.71
708793GP3 PENNSYLVANIA HSG FIN AGY $17,000,000.00 0.69
047870DB3 Atlanta Ga Wtr & Wastewtr Rev $16,800,000.00 0.68
63968F2U7 NE Publ Pwr Dst $16,700,000.00 0.68
60382MXE8 MINNEAPOLIS ST PAUL $16,619,000.00 0.67
717818X94 PHILADELPHIA PA AUTH INDL DEV $16,415,000.00 0.67
605155AE0 MISSION TX ECONOMIC DEV CORP $16,000,000.00 0.65
455057LP2 INDIANA ST FIN AUTH REV $15,500,000.00 0.63
76541VGB7 Richmond VA $15,006,490.10 0.61
107414DU5 BREVARD CNTY FL EDL FACS AUTH $15,000,000.00 0.61
44234TSZ6 HOUSTON TX ARPT SYS $15,000,000.00 0.61
23525GED0 DALLAS AREA RAPID TRST $15,000,000.00 0.61
45523KKG2 INDIANAPOLIS ARPT AU $15,000,000.00 0.61
59264JCD5 METRO WASH ARPTS AUTH $15,000,000.00 0.61
606037AW9 MO DEV FIN BRD $14,600,000.00 0.59
546279F62 LOUISIANA LOC GOVT ENVIR FACS $14,500,000.00 0.59
917436NH6 UTAH HSG CORP SINGLE FAMILY MT $14,400,000.00 0.58
65820HSL8 NORTH CAROLINA MED CARE COMMN $14,335,000.00 0.58
914174BH9 UNIVERSITY CO HOSP AUTH REV $14,150,000.00 0.57
917436LF2 UTAH HSG CORP SINGLE FAMILY $14,060,000.00 0.57
89657TAC9 TRINITY RIVER AUTH TX $13,750,000.00 0.56
61334MNE6 MONTGOMERY CNTY MD HSG OPPTYS $13,715,000.00 0.56
45200BPK8 Illonois Fin Auth Rev $13,435,000.00 0.55
455066CU2 INDIANA ST OFFICE BLDG COMMN $13,000,000.00 0.53
485424LP8 KANSAS ST DEPT TRANSN HWY REV $13,000,000.00 0.53
89905DAA8 TULALIP TRIBES OF THE TULALIP $12,700,000.00 0.52
458840KB0 INTRMOUNTAIN PWR AGY UT PWR $12,150,000.00 0.49
5760494Y3 MASSACHUSETTS ST WTR RES AUTH $12,015,000.00 0.49
59264JCE3 METRO WASH ARPTS AUTH $12,000,000.00 0.49
97710VT73 WISCONSIN ST HEALTH + EDL FACS $11,800,000.00 0.48
917436JU2 UTAH HSG CORP SINGLE FAMILY $11,740,000.00 0.48
718903HS9 PHOENIX AZ MLT FAM HSG REV $11,500,000.00 0.47
16104RDA6 CITY OF CHARLOTTE NC $11,493,000.00 0.47
51784USF6 LAS VEGAS VLY WTR DIST $11,400,000.00 0.46
139726BM4 CAPITAL AREA HSG FIN CORP TX $11,000,000.00 0.45
79448MAG0 CITY OF SALEM WTR & SW $10,865,000.00 0.44
93978LER3 WASHINGTON ST HSG FIN COMMN $10,695,000.00 0.43
373586FN1 GEORGIA ST PORTS AUTH REV $10,655,000.00 0.43
939776AA8 Washington St Health Care Facs $10,500,000.00 0.43
766511AA7 RIESEL TX INDL DEV CORP $10,450,000.00 0.42
85732PBQ2 STATE PUB SCH BLDG AUTH PA REV $10,325,000.00 0.42
520121DS0 LAWRENCE KS $10,245,668.22 0.42
45201YMS3 Illinois Hsg Dev Auth $10,200,000.00 0.41
594610X44 MICHIGAN ST $10,034,231.58 0.41
23541PW57 CITY OF DALS TX WTR& $10,000,000.00 0.41
93878PDY1 WA DC METRO AREA TRST $10,000,000.00 0.41
91512HAS1 UNIVERSITY TEX PERM UNIV FD $10,000,000.00 0.41
708840HC0 PENNSYLVANIA INTRGVRNMNTL COOP $10,000,000.00 0.41
64711RFM3 NEW MEXICO FIN AUTH ST TRANS R $10,000,000.00 0.41
644614VM8 NEW HAMPSHIRE HEALTH + ED FACS $10,000,000.00 0.41
62621LG71 MUNI ELEC AUTH OF GA $10,000,000.00 0.41
592113AK0 METROPOLITAN GOVT NASHVILLE $10,000,000.00 0.41
584283DC6 MEDFORD OR HOSP FACS AUTH REV $10,000,000.00 0.41
57557YCX8 Mass Bay Trans Auth $10,000,000.00 0.41
54626XAM0 LOUISIANA HSG FIN AGY $10,000,000.00 0.41
41315RGX6 HARRIS CNTY TX HLTH FACS DEV $10,000,000.00 0.41
650367DH5 NEWARK NY $9,934,100.75 0.40
625506LN8 MULTNOMAH CNTY OR $9,853,773.31 0.40
709223QD6 PENNSYLVANIA ST TPK COMMN REV