- Quarterly Schedule of Portfolio Holdings of Registered Management Investment Company (N-Q)

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-4718

Van Kampen Tax Free Money Fund

 

(Exact name of registrant as specified in charter)

522 Fifth Avenue, New York, New York 10036

 

(Address of principal executive offices) (Zip code)

Edward C. Wood III
522 Fifth Avenue, New York, New York 10036

 

(Name and address of agent for service)

Registrant’s telephone number, including area code: 212-762-4000

Date of fiscal year end: 6/30

Date of reporting period: 9/30/09

 

 

 

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Item 1. Schedule of Investments.

The Fund’s schedule of investments as of the close of the reporting period prepared pursuant to Rule 12-12 of Regulation S-X is as follows:

Van Kampen Tax Free Money Fund
Portfolio of Investments § September 30, 2009 (Unaudited)

Par										Current
Amount						Maturity				Yield at				Amortized
(000)				Description		Date*				9-30-09				Cost
				Municipal Bonds 100.5%
				7 Day Floaters 72.8%
$	600			Broward Cnty, FL Ed Fac Auth City Coll Proj (LOC: Citibank)			10/01/09				0.330	%		$	600,000
	1,000			California Statewide Cmnty Dev Auth Rev Kaiser Permanente Ser B			10/07/09				0.280				1,000,000
	1,000			Cary, NC Pub Impt			10/07/09				0.220				1,000,000
	700			Clarksville, TN Muni Pub Bldg Auth Rev Pooled Fin TN Bd Fd (LOC: Bank of America) (Acquired 10/10/08, Cost $700,000) (a)			10/01/09				0.370				700,000
	600			Colorado Hsg & Fin Auth Single Fam Mtg Ser B-3			10/07/09				0.330				600,000
	685			Derry Twp, PA Indl & Coml Dev Auth Hotel Tax Rev Arena Proj (LOC: PNC Bank)			10/01/09				0.310				685,000
	1,000			Eastern Muni Wtr Dist CA Wtr & Swr Rev Ctf Partner Ser B			10/07/09				0.270				1,000,000
	900			Gwinnett Cnty, GA Wtr & Sew Auth Rev Ser A			10/07/09				0.300				900,000
	675			Metropolitan Govt Nashville & Davidson Cnty, TN H&E Fac Brd Rev Vanderbilt Univ Ser A			10/01/09				0.350				675,000
	500			Michigan St Hosp Fin Auth Rev McLaren Hlthcare Rfdg Ser B (LOC: JP Morgan Chase Bank)			10/07/09				0.270				500,000
	1,000			Minnesota St Higher Ed Fac Auth Rev Macalester College Ser 5-Q			10/01/09				0.400				1,000,000

 

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Van Kampen Tax Free Money Fund
Portfolio of Investments § September 30, 2009 (Unaudited) continued

Par										Current
Amount						Maturity				Yield at				Amortized
(000)				Description		Date*				9-30-09				Cost
				7 Day Floaters (continued)
$	500			New Hampshire Higher Ed & Hlth Fac Auth Rev Saint Pauls Sch Issue			10/01/09				0.350	%		$	500,000
	500			New York St Loc Gov Assistance Corp Ser D (LOC: Societe Generale)			10/07/09				0.230				500,000
	900			North Carolina Ed Fac Fin Agy Rev Duke Univ Proj Ser B			10/01/09				0.300				900,000
	925			North Carolina Med Care Comm Hlth Sys Rev Mission Saint Josephs Rfdg			10/01/09				0.370				925,000
	830			North Miami, FL Ed Fac Rev Miami Ctry Day Sch Proj (LOC: Bank of America)			10/01/09				0.390				830,000
	1,000			Oregon St Hlth Hsg Ed & Cultural Fac Auth Sacred Heart Med Ctr Ser A (LOC: US Bank)			10/01/09				0.300				1,000,000
	675			Palm Beach Cnty, FL Rev Henry Morrison Flagler Proj (LOC: Northern Trust)			10/01/09				0.530				675,000
	615			Portland, OR Hsg Auth Rev New Mkt West Proj (LOC: Wells Fargo Bank)			10/01/09				0.340				615,000
	600			Private Colleges & Univ Auth GA Rev Emory Univ Ser B-2			10/01/09				0.300				600,000
	1,000			San Bernadino Cnty, CA Ctf Partner Cap Impt Refing Proj (LOC: BNP Paribas)			10/01/09				0.300				1,000,000
	200			University of Texas Univ Rev Fin Sys Rfdg Ser A			10/07/09				0.230				200,000

 

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Van Kampen Tax Free Money Fund
Portfolio of Investments § September 30, 2009 (Unaudited) continued

Par										Current
Amount						Maturity				Yield at				Amortized
(000)				Description		Date*				9-30-09				Cost
				7 Day Floaters (continued)
$	500			Utah Cnty, UT Hosp Rev IHC Hlth Svc Inc Ser B			10/01/09				0.300	%		$	500,000
	600			Washington St Hsg Fin Comm Multi-Family Mtg Rev (LOC: Harris Trust & Savings Bank)			10/06/09				0.380				600,000
Total 7 Day Floaters 72.8%															17,505,000
				Daily Variable Rate Securities 27.7%
	800			Chicago, IL Rfdg Ser F			10/01/09				0.270				800,000
	200			Chicago, IL Sales Tax Rev Rfdg			10/01/09				0.270				200,000
	865			Colorado Ed & Cultural Fac Natl Jewish Fedn Ser F-1 (LOC: Northern Trust)			10/01/09				0.350				865,000
	200			Cuyahoga Cnty, OH Rev Cleveland Clinic Sub Ser B-1			10/01/09				0.270				200,000
	200			Illinois Hlth Fac Auth Rev Northwestern Mem Hosp Ser C			10/01/09				0.300				200,000
	600			Jacksonville, FL Pollutn Rev Ctl FL Pwr & Lt Co Proj Rfdg			10/01/09				0.610				600,000
	631			Kentucky Inc KY Pub Energy Auth Gas Supply Rev Ser A			10/01/09				0.300				631,000
	300			Long Island Pwr Auth NY Elec Sys Rev Ser 2B (LOC: Bayerische Landesbank)			10/01/09				0.320				300,000

 

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Van Kampen Tax Free Money Fund
Portfolio of Investments § September 30, 2009 (Unaudited) continued

Par										Current
Amount						Maturity				Yield at				Amortized
(000)				Description		Date*				9-30-09				Cost
				Daily Variable Rate Securities (continued)
$	900			Pitkin Cnty, CO Indl Dev Rev Aspen Skiing Co Proj Rfdg Ser A (LOC: JP Morgan Chase Bank)			10/01/09				0.350	%		$	900,000
	1,100			Southeast, AL Gas Dist Rev Supply Proj Ser A			10/01/09				0.300				1,100,000
	350			University of Michigan Rev Hosp Ser A			10/01/09				0.300				350,000
	500			University of NC Hosp Chapel Hill Rev Ser B			10/01/09				0.300				500,000
Total Daily Variable Rate Securities 27.7%															6,646,000
Total Investments 100.5% (b)(c)															24,151,000
Liabilities in Excess of Other Assets (0.5%)															(108,725	)
Net Assets 100.0%														$	24,042,275

Percentages are calculated as a percentage of net assets.

 

*		Date of next interest rate reset.
(a)		Security is restricted and may be resold only in transactions exempt from registration which are normally those transactions with qualified institutional buyers. Restricted securities comprise 2.9% of net assets.
(b)		Securities include a put feature allowing the Fund to periodically put the security back to the issuer at amortized cost on specified dates. The yield shown represents the current yield earned by the Fund based on the most recent reset date. The maturity date shown represents the next put date.
(c)		At September 30, 2009, cost is identical for both book and federal income tax purposes.

LOC — Letter of Credit

 

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Van Kampen Tax Free Money Fund
Portfolio of Investments § September 30, 2009 (Unaudited) continued

Security Valuation Investments are valued at amortized cost, which approximates market value. Under this valuation method, a portfolio investment is valued at cost, any discount is accreted and any premium is amortized on a straight-line basis to the maturity of the instrument.

Fair Value Measurements Financial Accounting Standards Board Accounting Standards Codification (ASC) 820 Fair Value Measurements and Disclosures (ASC 820) (formerly known as FAS 157) defines fair value as the price that the Fund would receive to sell an investment or pay to transfer a liability in an orderly transaction with an independent buyer in the principal market, or in the absence of a principal market the most advantageous market for the investment or liability. ASC 820 establishes a three-tier hierarchy to distinguish between (1) inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on market data obtained from sources independent of the reporting entity (observable inputs) and (2) inputs that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances (unobservable inputs) and to establish classification of fair value measurements for disclosure purposes. Various inputs are used in determining the value of the Fund’s investments. The inputs are summarized in the three broad levels listed below.

Level 1		—		quoted prices in active markets for identical investments
Level 2		—		other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)
Level 3		—		significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used as of September 30, 2009 in valuing the Fund’s investments carried at value:

Level 1

Level 2

Level 3

Other

Significant

Significant

Quoted

Observable

Unobservable

Investment Type

Prices

Inputs

Inputs

Total

Investments in an Asset Position

Short-term Municipal Bonds

Issued by States of the United States and Political Subdivisions of the United States.

$

—

$

24,151,000

$

—

$

24,151,000

 

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Item 2. Controls and Procedures.

(a) The Fund’s principal executive officer and principal financial officer have concluded that the Fund’s disclosure controls and procedures are sufficient to ensure that information required to be disclosed by the Fund in this Form N-Q was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, based upon such officers’ evaluation of these controls and procedures as of a date within 90 days of the filing date of the report.

(b) There were no changes in the Fund’s internal control over financial reporting that occurred during the registrant’s fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Fund’s internal control over financial reporting.

Item 3. Exhibits.

(a) A certification for the Principal Executive Officer of the registrant is attached hereto as part of EX-99.cert.

(b) A certification for the Principal Financial Officer of the registrant is attached hereto as part of EX-99.cert.

 

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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) Van Kampen Tax Free Money Fund

By:		/s/ Edward C. Wood III
Name: Edward C. Wood III
Title: Principal Executive Officer
Date: November 19, 2009

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By: /s		/ Edward C. Wood III
Name: Edward C. Wood III
Title: Principal Executive Officer
Date: November 19, 2009

By:		/s/ Stuart N. Schuldt
Name: Stuart N. Schuldt
Title: Principal Financial Officer
Date: November 19, 2009