| | unaudited |
| | |
| | Market value |
Common stocks — 92.49% | Shares | (000) |
| | |
FINANCIALS — 22.48% | | |
Kookmin Bank1 | 15,660,910 | $1,226,425 |
Kookmin Bank1,2 | 330,000 | 25,843 |
ING Groep NV1 | 23,131,017 | 1,015,452 |
AXA SA1 | 27,466,214 | 1,011,711 |
BNP Paribas1 | 7,224,199 | 776,665 |
Sun Hung Kai Properties Ltd.1 | 67,800,000 | 740,051 |
Mitsubishi UFJ Financial Group, Inc.1 | 54,228 | 695,784 |
UniCredito Italiano SpA (Italy)1 | 72,140,000 | 598,211 |
UniCredito Italiano SpA (Germany)1 | 10,000,000 | 82,527 |
UBS AG1 | 10,336,796 | 617,787 |
Banco Santander Central Hispano, SA1 | 35,864,805 | 566,661 |
Shinhan Financial Group Co., Ltd.1 | 12,200,900 | 548,767 |
Erste Bank der oesterreichischen Sparkassen AG1 | 8,280,610 | 515,293 |
Mizuho Financial Group, Inc.1 | 60,262 | 466,605 |
Macquarie Bank Ltd.1 | 8,401,000 | 432,798 |
Cathay Financial Holding Co., Ltd.1 | 213,365,831 | 426,984 |
Hypo Real Estate Holding AG1 | 6,703,540 | 417,846 |
HSBC Holdings PLC (United Kingdom)1 | 13,747,439 | 250,536 |
HSBC Holdings PLC (Hong Kong)1 | 8,998,436 | 164,110 |
Sompo Japan Insurance Inc.1 | 30,683,000 | 403,232 |
Banco Itaú Holding Financeira SA, preferred nominative | 13,192,700 | 395,353 |
Credit Suisse Group1 | 6,705,000 | 387,649 |
Mitsui Sumitomo Insurance Co., Ltd.1 | 27,031,000 | 337,118 |
Mitsui Trust Holdings, Inc.1 | 28,112,000 | 321,243 |
ORIX Corp.1 | 1,057,000 | 293,592 |
ORIX Corp. (ADR) | 189,600 | 26,184 |
Hongkong Land Holdings Ltd.1 | 80,980,300 | 314,140 |
Banco Bilbao Vizcaya Argentaria, SA1 | 13,326,200 | 308,361 |
Commerzbank U.S. Finance, Inc.1 | 8,844,500 | 297,449 |
Sumitomo Mitsui Financial Group, Inc.1 | 27,590 | 289,309 |
Sberbank (Savings Bank of the Russian Federation) (GDR) | 1,142,882 | 288,006 |
Housing Development Finance Corp. Ltd.1 | 8,542,500 | 286,047 |
Société Générale1 | 1,798,000 | 285,795 |
Swire Pacific Ltd., Class A1 | 27,195,500 | 283,673 |
ABN AMRO Holding NV1 | 9,449,419 | 275,177 |
QBE Insurance Group Ltd.1 | 14,700,760 | 268,200 |
Banco Bradesco SA, preferred nominative | 7,752,000 | 256,896 |
DEPFA BANK PLC1 | 12,890,000 | 238,160 |
Sampo Oyj, Class A1 | 10,900,000 | 227,088 |
Crédit Agricole SA1 | 4,870,000 | 213,740 |
Unibanco-União de Bancos Brasileiros SA, units (GDR) | 2,815,000 | 208,310 |
FirstRand Ltd.1 | 88,900,000 | 202,573 |
Bank of Nova Scotia | 4,600,000 | 197,749 |
NIPPONKOA Insurance Co., Ltd.1 | 24,280,000 | 194,335 |
Hana Financial Holdings1 | 4,217,700 | 193,616 |
Millea Holdings, Inc.1 | 5,531,500 | 192,300 |
Samsung Fire & Marine Insurance Co., Ltd.1 | 1,200,950 | 185,226 |
Royal Bank of Scotland Group PLC1 | 4,823,243 | 165,813 |
Fortis1 | 4,000,000 | 162,045 |
ICICI Bank Ltd.1 | 8,182,300 | 125,064 |
ICICI Bank Ltd. (ADR) | 1,111,300 | 34,128 |
DBS Group Holdings Ltd.1 | 12,450,000 | 150,683 |
Lloyds TSB Group PLC1 | 14,500,000 | 146,268 |
Zurich Financial Services1 | 532,000 | 130,636 |
FöreningsSparbanken AB, Class A1 | 3,938,500 | 116,881 |
Allianz AG1 | 610,000 | 105,814 |
Insurance Australia Group Ltd.1 | 26,629,719 | 104,708 |
PT Bank Mandiri (Persero) Tbk1 | 391,756,500 | 99,079 |
PartnerRe Holdings Ltd. | 1,395,000 | 94,260 |
DnB NOR ASA1 | 7,430,000 | 91,082 |
Topdanmark A/S1,3 | 615,050 | 84,843 |
State Bank of India1 | 3,690,000 | 82,905 |
Takefuji Corp.1 | 1,680,730 | 77,059 |
HDFC Bank Ltd.1 | 3,391,258 | 68,268 |
Fairfax Financial Holdings Ltd. | 500,000 | 64,890 |
Mitsubishi Estate Co., Ltd.1 | 2,775,000 | 60,885 |
Brookfield Asset Management Inc., Class A | 1,215,750 | 53,765 |
Security Capital European Realty1,2,3 | 39,607 | 633 |
| | 19,970,286 |
| | |
INFORMATION TECHNOLOGY — 12.46% | | |
Samsung Electronics Co., Ltd.1 | 1,931,575 | 1,360,744 |
Samsung Electronics Co., Ltd., nonvoting preferred1 | 48,800 | 25,562 |
Hon Hai Precision Industry Co., Ltd.1 | 169,268,901 | 1,029,260 |
Taiwan Semiconductor Manufacturing Co. Ltd.1 | 457,126,622 | 822,536 |
Taiwan Semiconductor Manufacturing Co. Ltd. (ADR) | 19,832,148 | 190,389 |
Hynix Semiconductor Inc.1,3 | 18,507,940 | 732,581 |
Nintendo Co., Ltd.1 | 2,939,100 | 607,218 |
Toshiba Corp.1 | 78,028,000 | 508,268 |
Murata Manufacturing Co., Ltd.1 | 6,377,500 | 444,941 |
Nokia Corp. (ADR) | 12,982,900 | 255,633 |
Nokia Corp.1 | 9,231,400 | 181,724 |
Rohm Co., Ltd.1 | 4,623,700 | 430,570 |
Tokyo Electron Ltd.1 | 4,395,700 | 326,201 |
Nippon Electric Glass Co., Ltd.1 | 13,969,000 | 309,661 |
High Tech Computer Corp.1 | 11,280,000 | 297,880 |
Chi Mei Optoelectronics Corp.1 | 269,681,770 | 297,588 |
LG.Philips LCD Co., Ltd.1,3 | 8,654,500 | 287,328 |
Hoya Corp.1 | 7,560,000 | 286,065 |
AU Optronics Corp.1 | 201,164,150 | 286,046 |
Hirose Electric Co., Ltd.1 | 1,830,000 | 243,586 |
Konica Minolta Holdings, Inc.1,3 | 17,545,000 | 235,859 |
Canon, Inc.1 | 4,012,600 | 210,152 |
Acer Inc.1 | 116,850,420 | 197,921 |
Powerchip Semiconductor Corp.1 | 293,258,447 | 187,022 |
Quanta Computer Inc.1 | 118,063,807 | 169,461 |
Compal Electronics, Inc.1 | 184,767,186 | 163,069 |
Mediatek Incorporation1 | 16,140,656 | 152,770 |
TDK Corp.1 | 1,525,000 | 122,113 |
Infosys Technologies Ltd.1 | 2,960,000 | 120,174 |
NEC Electronics Corp.1,3 | 3,450,000 | 119,067 |
SAP AG1 | 600,000 | 118,907 |
Advanced Semiconductor Engineering, Inc.1,3 | 116,643,491 | 108,148 |
Wipro Ltd.1 | 8,000,000 | 91,519 |
Yahoo Japan Corp.1 | 181,200 | 68,048 |
ASML Holding NV1,3 | 2,500,000 | 58,131 |
ASML Holding NV (New York registered)3 | 213,000 | 4,959 |
ASUSTeK Computer Inc.1 | 2,704,700 | 6,341 |
livedoor Co., Ltd.1,3 | 7,390,152 | 5,548 |
| | 11,062,990 |
| | |
CONSUMER DISCRETIONARY — 12.42% | | |
Industria de Diseno Textil, SA1 | 18,507,915 | 863,559 |
Continental AG1 | 7,293,000 | 844,894 |
Hyundai Motor Co.1 | 7,744,120 | 665,028 |
Vivendi SA1 | 16,942,448 | 609,863 |
Toyota Motor Corp.1 | 11,122,600 | 605,854 |
Renault SA1 | 4,954,400 | 567,808 |
Compagnie Générale des Etablissements Michelin, Class B1 | 6,998,000 | 512,474 |
Swatch Group Ltd, non-registered shares1 | 1,650,246 | 318,699 |
Swatch Group Ltd1 | 4,367,061 | 169,287 |
Mediaset SpA1 | 44,767,109 | 480,951 |
Honda Motor Co., Ltd.1 | 14,084,250 | 475,307 |
LG Electronics Inc.1 | 7,165,850 | 463,855 |
SEGA SAMMY HOLDINGS INC.1 | 13,418,800 | 430,915 |
Kingfisher PLC1 | 93,422,191 | 428,436 |
News Corp., Class A | 15,109,826 | 296,908 |
News Corp., Class B | 1,848,614 | 38,155 |
British Sky Broadcasting Group PLC1 | 31,095,938 | 317,534 |
Carnival PLC1 | 6,297,200 | 300,826 |
Porsche AG, nonvoting preferred1 | 280,000 | 289,832 |
Suzuki Motor Corp.1 | 9,396,867 | 239,332 |
Esprit Holdings Ltd. 1 | 25,482,000 | 232,351 |
NOK Corp.1 | 8,435,000 | 208,969 |
Cie. Financière Richemont AG, Class A, units1 | 3,858,816 | 185,544 |
Grupo Televisa, SA, ordinary participation certificates (ADR) | 5,929,600 | 126,063 |
HYUNDAI MOBIS1 | 1,196,350 | 122,870 |
Volkswagen AG, nonvoting preferred1 | 1,333,000 | 78,932 |
Volkswagen AG1 | 506,865 | 43,244 |
Sony Corp.1 | 2,770,000 | 112,017 |
Reed Elsevier NV1 | 6,648,100 | 110,793 |
Nikon Corp.1 | 5,151,000 | 106,845 |
DSG International PLC1 | 25,345,000 | 103,771 |
JCDecaux SA1 | 3,528,700 | 95,321 |
Pearson PLC1 | 6,324,272 | 89,861 |
Enterprise Inns PLC1 | 4,540,000 | 89,564 |
Reed Elsevier PLC1 | 7,300,000 | 80,872 |
Daito Trust Construction Co., Ltd.1 | 1,315,000 | 71,586 |
Rakuten, Inc.1 | 154,400 | 60,880 |
Marks and Spencer Group PLC1 | 4,500,000 | 54,063 |
Daiwa House Industry Co., Ltd.1 | 2,960,300 | 51,434 |
Yamada Denki Co., Ltd.1 | 323,000 | 32,534 |
Publishing & Broadcasting Ltd.1 | 2,270,000 | 31,526 |
Funai Electric Co., Ltd.1 | 285,000 | 26,937 |
TI Automotive Ltd., Class A1,3 | 3,197,300 | 0 |
| | 11,035,494 |
| | |
HEALTH CARE — 8.77% | | |
Roche Holding AG1 | 15,169,550 | 2,625,426 |
AstraZeneca PLC (Sweden)1 | 11,286,617 | 703,287 |
AstraZeneca PLC (United Kingdom)1 | 7,305,000 | 456,414 |
Novo Nordisk A/S, Class B1 | 14,824,750 | 1,101,232 |
UCB NV1,4 | 7,730,059 | 491,574 |
Sanofi-Aventis1 | 4,860,800 | 432,514 |
Smith & Nephew PLC1 | 46,978,300 | 431,521 |
Merck KGaA1 | 2,560,400 | 271,422 |
Novartis AG1 | 4,613,960 | 269,253 |
Alcon, Inc. | 1,375,000 | 157,437 |
Richter Gedeon NYRT1 | 755,800 | 155,917 |
Chugai Pharmaceutical Co., Ltd.1 | 6,880,500 | 148,287 |
SCHWARZ PHARMA AG1 | 1,250,003 | 145,183 |
Shionogi & Co., Ltd.1 | 7,420,000 | 136,618 |
Essilor1 | 1,250,000 | 127,952 |
Nobel Biocare Holding AG1 | 365,000 | 89,915 |
Elan Corp., PLC (ADR)3 | 3,000,000 | 46,140 |
| | 7,790,092 |
| | |
CONSUMER STAPLES — 7.36% | | |
Nestlé SA1 | 4,660,000 | 1,624,711 |
Koninklijke Ahold NV1,3 | 75,167,132 | 796,989 |
Seven & I Holdings Co., Ltd.1 | 17,282,300 | 557,659 |
Tesco PLC1 | 57,989,561 | 390,365 |
Groupe Danone1 | 2,578,000 | 361,627 |
Diageo PLC1 | 20,240,000 | 357,120 |
Shinsegae Co., Ltd.1 | 684,323 | 354,061 |
METRO AG1 | 5,815,000 | 339,672 |
L’Oréal SA1 | 2,996,000 | 304,132 |
Wal-Mart de México, SA de CV, Series V | 64,835,718 | 220,759 |
Unilever PLC1 | 8,597,783 | 211,735 |
Unilever NV1 | 8,168,400 | 200,715 |
Coca-Cola Hellenic Bottling Co. SA1 | 4,669,583 | 160,696 |
Woolworths Ltd.1 | 9,679,441 | 146,044 |
Pernod Ricard Co.1 | 540,000 | 112,338 |
Gallaher Group PLC1 | 5,550,866 | 90,717 |
Fomento Económico Mexicano, SA de CV (ADR) | 935,600 | 90,697 |
SABMiller PLC1 | 4,696,800 | 87,649 |
Foster’s Group Ltd.1 | 9,522,000 | 45,659 |
Coca-Cola FEMSA, SA de CV, Series L | 13,500,000 | 41,997 |
Koninklijke Numico NV1 | 840,000 | 37,779 |
| | 6,533,121 |
| | |
| | |
TELECOMMUNICATION SERVICES — 6.97% | | |
América Móvil SA de CV, Series L (ADR) | 33,648,000 | $1,324,722 |
América Móvil SA de CV, Series L | 21,540,000 | 42,562 |
Koninklijke KPN NV1 | 51,045,000 | 650,499 |
Vodafone Group PLC1 | 249,457,931 | 570,159 |
Teléfonos de México, SA de CV, Class L (ADR) | 15,000,000 | 383,700 |
Teléfonos de México, SA de CV, Class L | 8,400,000 | 10,795 |
Telekom Austria AG1 | 15,051,288 | 379,650 |
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, Class B1 | 407,513,700 | 371,745 |
SOFTBANK CORP.1 | 16,824,300 | 350,032 |
Telefónica, SA1 | 13,782,000 | 238,759 |
France Télécom, SA1 | 8,953,000 | 205,313 |
Portugal Telecom, SGPS, SA1 | 15,795,000 | 197,311 |
Singapore Telecommunications Ltd.1 | 104,983,075 | 161,054 |
Chunghwa Telecom Co., Ltd. (ADR) | 8,190,924 | 141,785 |
Chunghwa Telecom Co., Ltd.1 | 8,659,800 | 14,376 |
Philippine Long Distance Telephone Co.1 | 2,976,260 | 132,041 |
KT Corp.1 | 1,992,960 | 86,073 |
KT Corp. (ADR) | 2,018,480 | 43,337 |
Bharti Airtel Ltd.1,3 | 12,507,000 | 128,189 |
KDDI Corp.1 | 20,000 | 125,005 |
Orascom Telecom Holding (GDR)1 | 2,226,350 | 123,128 |
China Unicom Ltd.1 | 121,900,000 | 119,949 |
Tele Norte Leste Participações SA, preferred nominative | 8,552,671 | 116,931 |
Advanced Info Service PCL1 | 44,721,800 | 107,742 |
Telecom Italia SpA, nonvoting1 | 25,000,000 | 60,164 |
China Netcom Group Corp. (Hong Kong) Ltd. (ADR) | 1,592,800 | 57,038 |
Telecomunicações de Sao Paulo SA, preferred nominative | 2,061,761 | 45,566 |
| | 6,187,625 |
| | |
ENERGY — 6.62% | | |
Royal Dutch Shell PLC, Class B1 | 20,478,633 | 698,019 |
Royal Dutch Shell PLC, Class A1 | 8,537,000 | 281,263 |
Royal Dutch Shell PLC, Class B (ADR) | 1,874,848 | 128,202 |
Royal Dutch Shell PLC, Class A (ADR) | 1,000,000 | 66,100 |
Petróleo Brasileiro SA - Petrobras, ordinary nominative (ADR) | 6,982,500 | 585,343 |
Petróleo Brasileiro SA - Petrobras, preferred nominative (ADR) | 1,068,850 | 79,993 |
Oil & Natural Gas Corp. Ltd.1 | 24,226,043 | 619,030 |
Reliance Industries Ltd.1 | 20,632,718 | 527,108 |
MOL Magyar Olaj- és Gázipari Rt., Class A1 | 5,038,900 | 458,241 |
Norsk Hydro ASA1 | 17,167,000 | 384,784 |
Norsk Hydro ASA (ADR) | 1,250,000 | 28,137 |
Canadian Natural Resources, Ltd. | 8,180,000 | 372,876 |
Petro-Canada | 8,600,000 | 346,386 |
SK Corp.1 | 4,246,510 | 283,010 |
Nexen Inc. | 4,308,662 | 230,374 |
Cameco Corp. | 5,312,300 | 193,620 |
TOTAL SA1 | 2,804,400 | 184,887 |
China National Offshore Oil Corp.1 | 178,288,100 | 148,430 |
Husky Energy Inc. | 1,900,000 | 122,348 |
ENI SpA1 | 3,500,000 | 104,042 |
Repsol YPF, SA1 | 1,134,200 | 33,734 |
| | 5,875,927 |
| | |
| | |
MATERIALS — 5.91% | | |
Bayer AG1 | 28,563,500 | $1,458,197 |
Linde AG1 | 5,987,008 | 564,752 |
Nitto Denko Corp.1 | 8,687,900 | 516,934 |
POSCO1 | 1,315,000 | 341,381 |
Harmony Gold Mining Co. Ltd.1,3 | 18,181,600 | 235,897 |
Barrick Gold Corp. | 4,080,000 | 125,338 |
Barrick Gold Corp. (Canada) | 3,537,838 | 108,684 |
Lonmin PLC1 | 4,550,000 | 217,587 |
CEMEX, SAB de CV, ordinary participation certificates, units (ADR)3 | 6,947,970 | 208,995 |
Kuraray Co., Ltd.1 | 16,662,500 | 185,976 |
Siam Cement PCL1 | 26,121,400 | 177,156 |
UPM-Kymmene Corp.1 | 7,340,000 | 173,666 |
Lonza Group Ltd.1 | 2,102,308 | 145,542 |
Gold Fields Ltd.1 | 7,284,500 | 130,233 |
BHP Billiton PLC1 | 6,000,000 | 103,957 |
BASF AG1 | 1,170,500 | 93,695 |
Cia. Vale do Rio Doce, ordinary nominative (ADR) | 4,000,000 | 86,240 |
Holcim Ltd.1 | 1,028,571 | 84,028 |
Stora Enso Oyj, Class R1 | 5,394,843 | 81,728 |
JSR Corp.1 | 2,940,500 | 65,049 |
Ivanhoe Mines Ltd.3 | 10,160,000 | 63,369 |
AngloGold Ashanti Ltd.1 | 1,603,500 | 60,545 |
Rio Tinto PLC1 | 375,000 | 17,775 |
| | 5,246,724 |
| | |
INDUSTRIALS — 4.53% | | |
Asahi Glass Co., Ltd.1 | 40,439,000 | 500,853 |
Ryanair Holdings PLC (ADR)3 | 6,387,900 | 404,290 |
Fraport AG1 | 4,355,900 | 300,058 |
Siemens AG1 | 3,367,000 | 293,431 |
Nippon Express Co., Ltd.1 | 53,026,900 | 285,019 |
Cintra, Concesiones de Infraestructuras de Transporte, SA1 | 16,069,400 | 226,307 |
Deutsche Post AG1 | 8,142,500 | 213,989 |
Mitsubishi Corp.1 | 10,500,000 | 198,348 |
Bombardier Inc., Class B3 | 56,963,800 | 177,900 |
Singapore Airlines Ltd.1 | 17,788,000 | 163,727 |
Far Eastern Textile Ltd.1 | 196,213,420 | 145,684 |
Capita Group PLC1 | 14,197,623 | 145,339 |
Kubota Corp.1 | 17,532,000 | 144,600 |
Sandvik AB1 | 12,064,000 | 138,156 |
Autostrade SpA1 | 4,407,668 | 130,736 |
Imperial Holdings Ltd.1 | 7,409,000 | 123,343 |
Macquarie Infrastructure Group1 | 32,329,427 | 77,048 |
Qantas Airways Ltd.1 | 24,211,442 | 70,720 |
FANUC LTD1 | 894,300 | 70,061 |
Metso Oyj1 | 1,556,800 | 57,198 |
Bharat Heavy Electricals Ltd.1 | 1,000,000 | 52,280 |
Malaysia International Shipping Corp. Bhd.1 | 18,871,600 | 44,028 |
Orkla AS1 | 605,000 | 28,756 |
Mitsui & Co., Ltd.1 | 1,549,000 | 19,772 |
Contax Participações SA, preferred nominative | 15,186,000 | 13,072 |
Contax Participações SA, preferred nominative (ADR) | 130,000 | 114 |
| | 4,024,829 |
| | |
| | |
UTILITIES — 2.25% | | |
E.ON AG1 | 3,948,000 | $ 469,098 |
Veolia Environnement1 | 7,394,400 | 446,201 |
RAO Unified Energy System of Russia (GDR)1 | 4,542,500 | 330,682 |
National Grid PLC1 | 19,400,714 | 242,190 |
Electricité de France SA1 | 3,238,000 | 179,768 |
Hong Kong and China Gas Co. Ltd.1 | 50,000,000 | 117,181 |
RWE AG1 | 1,230,000 | 113,402 |
Gas Natural SDG, SA1 | 2,750,000 | 100,193 |
| | 1,998,715 |
| | |
MISCELLANEOUS — 2.72% | | |
Other common stocks in initial period of acquisition | | 2,419,314 |
| | |
| | |
Total common stocks (cost: $59,158,867,000) | | 82,145,117 |
| | |
| | |
| | |
| | |
| | |
| | |
Rights & warrants — 0.05% | | |
| | |
FINANCIALS — 0.05% | | |
ING Groep NV, warrants, expire 20083 | 1,730,000 | 45,210 |
| | |
| | |
INDUSTRIALS — 0.00% | | |
Autostrade SpA, rights, expire 20061,3 | 4,407,668 | —* |
| | |
| | |
Total rights & warrants (cost: $46,430,000) | | 45,210 |
| | |
| | |
| | |
| | |
| | |
| | |
Convertible securities — 0.02% | Principal amount | |
| | |
FINANCIALS — 0.02% | | |
Fairfax Financial Holdings Ltd. 5.00% convertible debentures 20232 | $20,000,000 | 18,950 |
| | |
| | |
Total convertible securities (cost: $20,359,000) | | 18,950 |
| | |
| | unaudited |
| | |
| Principal amount | Market value |
Short-term securities — 7.35% | (000) | (000) |
| | |
Danske Corp. 5.21%-5.355% due 10/10/2006-1/22/20072 | $300,000 | $298,722 |
HBOS Treasury Services PLC 5.235%-5.36% due 10/31/2006-1/2/2007 | 275,000 | 273,338 |
UBS Finance (Delaware) LLC 5.235%-5.38% due 10/6-11/28/2006 | 250,000 | 249,234 |
Barton Capital LLC 5.25%-5.26% due 10/16-10/19/20062 | 191,000 | 190,517 |
Société Générale North America Inc. 5.26% due 12/18/20065 | 59,000 | 58,340 |
Barclays U.S. Funding LLC 5.235%-5.36% due 10/2/2006-1/24/2007 | 171,600 | 170,827 |
Barclays U.S. Funding LLC 5.28% due 11/22/20065 | 50,000 | 49,634 |
Sheffield Receivables Corp. 5.26% due 10/06/20062 | 28,400 | 28,375 |
Stadshypotek Delaware Inc. 5.26%-5.365% due 10/25-11/13/20062 | 165,000 | 164,349 |
Svenska Handelsbanken Inc. 5.23%-5.36% due 10/30-12/28/2006 | 85,000 | 84,483 |
ANZ National (International) Ltd. 5.22%-5.37% due 10/17-12/12/20062 | 200,000 | 198,608 |
ANZ (Delaware) Inc. 5.33% due 10/24/2006 | 50,000 | 49,826 |
Allied Irish Banks N.A. Inc. 5.22%-5.25% due 11/22-12/28/20062 | 250,000 | 247,631 |
Bank of Ireland 5.24%-5.355% due 11/3/2006-1/23/20072 | 250,000 | 247,414 |
BNP Paribas Finance Inc. 5.21%-5.25% due 11/27/2006-1/18/2007 | 178,200 | 176,181 |
BNP Paribas Finance Inc. 5.24%-5.29% due 11/16-12/1/20065 | 71,800 | 71,221 |
Amsterdam Funding Corp. 5.23%-5.26% due 10/17-12/8/20062 | 150,000 | 148,815 |
ABN-AMRO North America Finance Inc. 5.25% due 1/22/2007 | 100,000 | 98,373 |
BASF AG 5.24%-5.35% due 10/2-12/11/20062 | 225,000 | 224,122 |
Spintab AB (Swedmortgage) 5.23%-5.28% due 10/10-12/19/2006 | 225,000 | 223,675 |
Calyon North America Inc. 5.24%-5.245% due 10/30-12/19/2006 | 225,000 | 223,166 |
Freddie Mac 5.17%-5.25% due 10/3-12/18/2006 | 204,415 | 203,406 |
CAFCO, LLC 5.235%-5.37% due 10/5-12/20/20062 | 135,000 | 133,982 |
Citigroup Funding Inc. 5.26% due 11/13/2006 | 40,000 | 39,748 |
Ciesco LLC 5.25% due 10/12/20062 | 25,000 | 24,956 |
Dexia Delaware LLC 5.225%-5.25% due 11/8-12/22/2006 | 200,000 | 198,255 |
Westpac Banking Corp. 5.345%-5.36% due 10/24/20062 | 94,300 | 93,972 |
Westpac Banking Corp. 5.26% due 11/20/20062,5 | 50,000 | 49,635 |
Westpac Trust Securities NZ Ltd. 5.255% due 12/13/20062 | 50,000 | 49,477 |
CBA (Delaware) Finance Inc. 5.23%-5.245% due 12/15/2006-1/25/2007 | 120,000 | 118,412 |
CBA (Delaware) Finance Inc. 5.26% due 11/24/20065 | 50,000 | 49,619 |
Edison Asset Securitization LLC 5.25%-5.36% due 10/3-10/11/20062 | 150,000 | 149,873 |
KfW International Finance Inc. 5.21%-5.29% due 10/2-10/13/20062 | 150,000 | 149,803 |
Depfa Bank PLC 5.23%-5.37% due 10/5/2006-1/22/20072 | 125,000 | 123,996 |
Depfa Bank PLC 5.255% due 12/06/20062,5 | 25,000 | 24,764 |
IXIS Commercial Paper Corp. 5.245%-5.25% due 11/15-12/28/20062 | 150,000 | 148,572 |
Bank of America Corp. 5.215%-5.25% due 11/29/2006-1/19/2007 | 125,000 | 123,557 |
Ranger Funding Co. LLC 5.27% due 10/04/20062 | 25,000 | 24,985 |
Fannie Mae 5.15%-5.30% due 10/4-12/27/2006 | 143,600 | 142,872 |
American Honda Finance Corp. 5.22%-5.23% due 11/8-12/8/2006 | 125,000 | 124,098 |
Bank of Nova Scotia 5.24% due 12/13-12/20/2006 | 125,000 | 123,667 |
HSBC USA Inc. 5.23%-5.24% due 12/21-12/27/2006 | 125,000 | 123,495 |
Old Line Funding, LLC 5.25%-5.28% due 10/5-11/9/20062 | 100,000 | 99,576 |
Mont Blanc Capital Corp. 5.27%-5.39% due 10/10/20062 | 50,000 | 49,928 |
ING (U.S.) Funding LLC 5.255% due 12/11/2006 | 50,000 | 49,492 |
Toyota Motor Credit Corp. 5.24% due 11/21/2006-1/8/2007 | 100,000 | 99,085 |
Clipper Receivables Co., LLC 5.28% due 11/9/20062 | 70,000 | 69,607 |
DaimlerChrysler Revolving Auto Conduit LLC II 5.27% due 12/5/2006 | 50,000 | 49,531 |
DaimlerChrysler Revolving Auto Conduit LLC 5.26% due 11/17/2006 | 19,000 | 18,872 |
Total Capital SA 5.215%-5.23% due 10/26-12/21/20062 | 66,900 | 66,622 |
International Lease Finance Corp. 5.23% due 11/2-11/16/2006 | 66,300 | 65,967 |
Abbey National N.A. LLC 5.31% due 10/23/2006 | 50,000 | 49,833 |
Rabobank USA Financial Corp. 5.24% due 12/7/2006 | 50,000 | 49,521 |
Royal Bank of Scotland PLC 5.24% due 12/21/2006 | 50,000 | 49,419 |
Three Pillars Funding, LLC 5.39% due 10/16/20062 | 30,000 | 29,930 |
Canadian Imperial Holdings Inc. 5.25% due 12/11/2006 | 30,000 | 29,693 |
Bank of Montreal 5.21%-5.32% due 10/2--11/29/2006 | 25,000 | 24,931 |
Federal Home Loan Bank 5.145% due 12/1/2006 | 22,400 | 22,203 |
| | |
| | |
Total short-term securities (cost: $6,520,944,000) | | 6,522,205 |
| | |
Total investment securities (cost: $65,746,600,000) | | 88,731,482 |
Other assets less liabilities | | 80,847 |
| | |
Net assets | | $88,812,329 |