Vanguard Institutional Index Fund NCSR Certified annual shareholder report (management investment company)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF

REGISTERED MANAGEMENT INVESTMENT COMPANIES


Investment Company Act file number:	811-6093
Name of Registrant:	Vanguard Institutional Index Funds
Address of Registrant:	P.O. Box 2600
	Valley Forge, PA 19482

Name and address of agent for service: Heidi Stam, Esquire P.O. Box 876 Valley Forge, PA 19482

Registrant’s telephone number, including area code: (610) 669-1000

Date of fiscal year end: December 31

Date of reporting period: January 1, 2009 December 31, 2009

Item 1: Reports to Shareholders

Vanguard Institutional Index Fund Annual Report

After a dismal start to the year, stocks began a steady rise in March to finish 2009 with strong returns.
For the fiscal year ended December 31, 2009, Vanguard Institutional Index Fund returned about 26% and closely tracked its target benchmark, the Standard & Poor’s 500 Index.
Led by information technology stocks, all ten industry sectors posted gains.


Contents
Your Fund’s Total Returns..........	1
Chairman’s Letter.......................	2
Results of Proxy Voting..............	7
Fund Profile..............................	9
Performance Summary.............	10
Financial Statements...............	12
About Your Fund’s Expenses....	27
Glossary...................................	29

Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.

See the Glossary for definitions of investment terms used in this report.

Cover photograph: Veronica Coia.


Your Fund’s Total Returns




Fiscal Year Ended December 31, 2009
	Total
	Returns
Vanguard Institutional Index Fund
Institutional Shares	26.63	%
Institutional Plus Shares	26.66
S&P 500 Index	26.46
Large-Cap Core Funds Average	27.46
Large-Cap Core Funds Average: Derived from data provided by Lipper Inc.


Institutional Shares are available for a minimum initial investment of $5 million. Institutional Plus Shares are available for a minimum investment of $200 million.


Your Fund’s Performance at a Glance
December 31, 2008 , Through December 31, 2009
						Distributions Per Share
		Starting		Ending		Income		Capital
		Share Price		Share Price		Dividends		Gains
Vanguard Institutional Index Fund
Institutional Shares	$	82.54	$	101.98	$	2.208	$	0.000
Institutional Plus Shares		82.54		101.98		2.230		0.000

Chairman’s Letter

Dear Shareholder,

Vanguard Institutional Index Fund returned about 26% for the fiscal year ended December 31, 2009, as U.S. stocks rebounded off their March lows and advanced throughout the rest of the year. The fund met its objective of closely tracking its unmanaged benchmark, the Standard & Poor’s 500 Index. It slightly trailed the average return of its large-capitalization peers.

Impressive stock returns masked lingering uncertainties

For the 12 months ended December 31, 2009, the broad U.S. stock market returned more than 29%, its highest calendar-year return since 2003. The year began with the market searching for a bottom, and it finally hit a low point in early March. From there, stocks mounted one of their strongest rallies ever—in magnitude and duration—resulting in a check mark-shaped stock chart for 2009.

The market’s outsized result came against a backdrop of economic uncertainty. The economy, which struggled to regain its footing as the financial crisis abated, began to show signs of growth in the second half of the year, even as unemployment climbed to levels not seen since 1983.

Stock markets outside the United States fared even better during 2009, especially many emerging markets, which weathered the financial crisis in relatively better fiscal and economic shape than their developed-market counterparts.

Bond markets calmed down, money market funds endured

Compared with the last months of 2008, when credit markets seized up and investors fled to the safety of U.S. Treasuries, 2009 represented a return to normalcy for bonds. Investors’ appetite for risk returned, and the demand for corporate bonds increased, raising their prices and bringing down their yields. For the 12 months ended December 31, the broad taxable bond market returned about 6%, while municipal bonds returned about 13%.

Meanwhile, money market funds and other short-term savings vehicles did poorly in 2009. Interest rates at the shortest end of the maturity spectrum remained at historic lows, a casualty of the Federal Reserve Board’s efforts to revive the economy. The Fed kept its target for the federal funds rate between 0% and 0.25% for the entire year.

Broad-based recovery lifted fund’s returns

For the Vanguard Institutional Index Fund and the broader U.S. stock market, 2009 featured a momentous turnaround. Widespread pessimism stemming from the global financial crisis was followed by a historic rebound as government stimulus programs took hold and signs of recovery appeared on the distant horizon of the deepest economic downturn in a generation.

From the year’s start through early March, the benchmark Standard & Poor’s 500 Index declined nearly 25% before reversing


Market Barometer

			Average Annual Total Returns
			Periods Ended December 31, 2009
	One		Three		Five
	Year		Years		Years
Stocks
Russell 1000 Index (Large-caps)	28.43	%	-5.36	%	0.79	%
Russell 2000 Index (Small-caps)	27.17		-6.07		0.51
Dow Jones U.S. Total Stock Market Index	29.35		-5.01		1.09
MSCI All Country World Index ex USA (International)	42.14		-3.04		6.30

Bonds
Barclays Capital U.S. Aggregate Bond Index (Broad
taxable market)	5.93	%	6.04	%	4.97	%
Barclays Capital Municipal Bond Index	12.91		4.41		4.32
Citigroup Three-Month U.S. Treasury Bill Index	0.16		2.22		2.88

CPI
Consumer Price Index	2.72	%	2.28	%	2.56	%

course and gaining almost 68% through the rest of the year. The recovery was broad-based as all ten sectors posted gains for the year—in striking contrast to 2008, when all ten sectors recorded losses.

Information technology, the largest sector in the index and the fund, returned more than 60% and contributed nearly 11 percentage points to the fund’s return. Having slashed their budgets during the financial crisis, many corporations resumed spending on communications equipment, computer hardware, and computer software. Consumers, too, gradually opened their wallets, and sales of home computers and electronic components helped lift the sector.

Although the downturn spurred an increase in the nationwide savings rate, certain consumer discretionary companies were well-positioned to benefit from cost-conscious customers. Internet retailers, media companies, home improvement retailers, and recreation-oriented companies were among the firms that bounced back and drove the sector’s return of nearly 42%.

Financial stocks, the index’s poorest-performing sector in 2008, were also instrumental in the recovery, posting a gain of about 17%. Giant banks passed the Treasury Department’s stress tests and began to regain investors’ confidence. Companies in the broader sector, including investment firms, consumer-finance firms, and insurance companies, took advantage of record-low interest rates to improve their balance sheets. Health care and industrials each returned about 20%. While the materials sector is one of the index’s smallest, its nearly 50% return provided a spark.

Fund has kept ahead of actively managed peers

Over the past ten years, Vanguard Institutional Index Fund recorded an average annual return of –0.92%, more than 1 percentage point better than the average result for its large-cap core peers (most of which are actively managed). Since their inception in 1997, the fund’s Institutional Plus Shares have also outperformed the peer-group average. As a group, institutional funds often have access to lower management fees than those available to retail funds, but the Institutional Index Fund’s combination of low costs and market-like returns have proved a tough foe for even its most attractively priced actively managed peers. This is in part a testament to the fund’s indexing strategy, but a sound strategy is worth little without excellent execution. Vanguard Quantitative Equity Group, the fund’s advisor, has more than 30 years of index-tracking experience. These long-tenured professionals have develope d sophisticated portfolio construction and trading methodologies to help Vanguard deliver sound index fund management in a variety of different marketplaces and market environments.

While equity returns for the decade were undoubtedly disappointing, it’s worthwhile to consider the investing environment, which included the bursting of the technology stock bubble and three straight years of negative returns from 2000 through 2002 as well as the global financial crisis of 2008–2009. Looking beyond the past decade, the fund’s 8.34% average annual return since its inception in 1990 comes closer to approaching the stock market’s results over the past 100 years.

We believe the reasons for long-term equity investing remain sound. History indicates that both the U.S. economy and stock market have been resilient over the years and have overcome many crises, including the Great Depression and two World Wars. The inherent risk in equity investments is, paradoxically, both why they sometimes generate poor returns, and why we expect them to outperform less-risky assets over time.

Staying the course counts in diverse market conditions

The unpredictability that underlies the stock market was abundantly clear in 2009. After returning about –37% for 2008, the worst calendar-year result since 1931, the broad U.S. stock market continued its sharp decline during the first two months of 2009. In March, even as credit markets hit another rough patch and economic reports signaled the deepening of the recession, the stock market began a recovery that lasted through year-end.


Total Returns
Ten Years Ended December 31, 2009
	Average
	Annual Return
Institutional Index Fund Institutional Shares	-0.92	%
S&P 500 Index	-0.95
Large-Cap Core Funds Average	-2.21
Large-Cap Core Funds Average: Derived from data provided by Lipper Inc.

The figures shown represent past performance, which is not a guarantee of future results. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at www.vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost.

The Institutional Index Fund’s history of tightly tracking the S&P 500 Index over long periods and its long-term record versus its peers offer strong evidence for indexing’s effectiveness. At Vanguard, we believe that the best way for your organization to withstand the inevitable market volatility and achieve long-term investment success is to maintain a carefully chosen portfolio of stocks, bonds, and short-term reserves tailored to the circumstances of your institution. We believe the Institutional Index Fund is a sensible investment for a core holding in an institutional portfolio.

On another matter, I would like to inform you that on January 1, 2010, we completed a leadership transition that began in March 2008. I succeeded Jack Brennan as chairman of Vanguard and each of the funds. Jack has agreed to serve as chairman emeritus and senior advisor.

Under Jack’s leadership, Vanguard has grown to become a preeminent firm in the mutual fund industry. Jack’s energy, his relentless pursuit of perfection, and his unwavering focus on always doing the right thing for our clients are evident in every facet of Vanguard policy today.

Thank you for entrusting your assets to Vanguard.

F. William McNabb III

Chairman and Chief Executive Officer

January 13, 2010

Results of Proxy Voting

At a special meeting of shareholders on July 2, 2009, fund shareholders approved the following two proposals:

Proposal 1—Elect trustees for each fund.*

The individuals listed in the table below were elected as trustees for each fund. All trustees with the exception of Messrs. McNabb and Volanakis (both of whom already served as directors of The Vanguard Group, Inc.) served as trustees to the funds prior to the shareholder meeting.


			Percentage
Trustee	For	Withheld	For
John J. Brennan	800,870,883	12,470,067	98.5	%
Charles D. Ellis	789,425,633	23,915,317	97.1	%
Emerson U. Fullwood	804,990,098	8,350,851	99.0	%
Rajiv L. Gupta	802,591,507	10,749,443	98.7	%
Amy Gutmann	805,052,646	8,288,304	99.0	%
JoAnn Heffernan Heisen	802,450,398	10,890,552	98.7	%
F. William McNabb III	803,031,309	10,309,641	98.7	%
André F. Perold	802,741,071	10,599,879	98.7	%
Alfred M. Rankin, Jr.	802,368,637	10,972,313	98.7	%
Peter F. Volanakis	805,004,858	8,336,092	99.0	%
* Results are for all funds within the same trust.

Proposal 2—Update and standardize the funds’ fundamental policies regarding:

(a)	Purchasing and selling real estate.
(b)	Issuing senior securities.
(c)	Borrowing money.
(d)	Making loans.
(e)	Purchasing and selling commodities.
(f)	Concentrating investments in a particular industry or group of industries.
(g)	Eliminating outdated fundamental investment policies not required by law.

The revised fundamental policies are clearly stated and simple, yet comprehensive, making oversight and compliance more efficient than under the former policies. The revised fundamental policies will allow the funds to respond more quickly to regulatory and market changes, while avoiding the costs and delays associated with successive shareholder meetings.


				Broker	Percentage
Vanguard Fund	For	Abstain	Against	Non-Votes	For
Institutional Index Fund
2a	310,302,160	14,000,840	4,829,463	38,870,403	84.3	%
2b	307,774,109	14,072,301	7,286,057	38,870,398	83.6	%
2c	303,505,159	14,092,690	11,534,618	38,870,400	82.5	%
2d	304,306,414	15,670,873	9,155,180	38,870,399	82.7	%
2e	304,030,716	14,005,328	11,096,422	38,870,400	82.6	%
2f	307,687,882	14,329,653	7,114,932	38,870,399	83.6	%
2g	307,563,436	14,006,378	7,562,649	38,870,403	83.6	%

Institutional Index Fund

Fund Profile
As of December 31, 2009


Share-Class Characteristics
	Institutional						Institutional
	Shares						Plus Shares
Ticker Symbol				VINIX			VIIIX
Expense Ratio¹	0.05				%		0.025	%
30-Day SEC Yield	1.83				%		1.85	%

Portfolio Characteristics
							DJ
							U.S. Total
				S&P 500 Market
	Fund			Index			Index
Number of Stocks	502			500			4,201
Median Market Cap	$42.7B		$	42.7	B	$	30.7	B
Price/Earnings Ratio	30.3	x		30.3	x		35.7	x
Price/Book Ratio	2.2	x		2.2	x		2.1	x
Return on Equity	20.8	%		20.8	%		19.3	%
Earnings Growth Rate	8.2	%		8.2	%		8.1	%
Dividend Yield	1.9	%		1.9	%		1.8	%
Foreign Holdings	0.0	%		0.0	%		0.0	%
Turnover Rate	11	%		—			—
Short-Term Reserves	-0.1	%		—			—

Sector Diversification (% of equity exposure)


					DJ
					U.S. Total
			S&P 500		Market
	Fund		Index		Index
Consumer
Discretionary	9.6	%	9.6	%	10.3	%
Consumer Staples	11.4		11.4		9.9
Energy	11.5		11.5		10.6
Financials	14.4		14.4		16.0
Health Care	12.6		12.6		12.6
Industrials	10.2		10.2		10.6
Information
Technology	19.8		19.8		19.3
Materials	3.6		3.6		4.0
Telecommunication
Services	3.2		3.2		2.9
Utilities	3.7		3.7		3.8


Volatility Measures
		DJ
		U.S. Total
	S&P 500	Market
	Index	Index
R-Squared	1.00	0.99
Beta	1.00	0.97

These measures show the degree and timing of the fund’s fluctuations compared with the indexes over 36 months.

Ten Largest Holdings (% of total net assets)


Exxon Mobil Corp.	Integrated Oil &
	Gas	3.2	%
Microsoft Corp.	Systems Software	2.4
Apple Inc.	Computer
	Hardware	1.9
Johnson & Johnson	Pharmaceuticals	1.8
Procter & Gamble Co.	Household
	Products	1.8
International Business	Computer
Machines Corp.	Hardware	1.7
AT&T Inc.	Integrated
	Telecommunication
	Services	1.7
JPMorgan Chase & Co.	Diversified Financial
	Services	1.6
General Electric Co.	Industrial
	Conglomerates	1.6
Chevron Corp.	Integrated Oil &
	Gas	1.5
Top Ten		19.2	%

The holdings listed exclude any temporary cash investments and equity index products.

Investment Focus

1 The expense ratios shown are from the prospectus dated April 29, 2009. For the fiscal year ended December 31, 2009, the expense ratios were 0.05% for Institutional Shares and 0.025% for Institutional Plus Shares.

Institutional Index Fund

Performance Summary

All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at www.vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.

Cumulative Performance: December 31, 1999, Through December 31, 2009

Initial Investment of $5,000,000


	Average Annual Total Returns
	Periods Ended December 31, 2009
								Final Value
	One		Five		Ten			of a $5,000,000
	Year		Years		Years			Investment
Institutional Index Fund Institutional
Shares	26.63	%	0.45	%	-0.92	%	$	4,560,817
Dow Jones U.S. Total Stock Market
Index	29.35		1.09		-0.17			4,913,789
S&P 500 Index	26.46		0.42		-0.95			4,545,113
Large-Cap Core Funds Average	27.46		-0.15		-2.21			4,000,300

Large-Cap Core Funds Average: Derived from data provided by Lipper Inc.


								Final Value
	One		Five		Ten			of a $200,000,000
	Year		Years		Years			Investment
Institutional Index Fund Institutional
Plus Shares	26.66	%	0.48	%	-0.89	%	$	182,916,568
Dow Jones U.S. Total Stock Market
Index	29.35		1.09		-0.17			196,551,580
S&P 500 Index	26.46		0.42		-0.95			181,804,501

See Financial Highlights for dividend and capital gains information.

Institutional Index Fund

Financial Statements

Statement of Net Assets

As of December 31, 2009

The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the lists appear in the fund’s semiannual and annual reports to shareholders. For the first and third fiscal quarters, the fund files the lists with the Securities and Exchange Commission on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website at www.sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).


				Market
				Value^•
		Shares	($	000	)
Common Stocks (99.6%)¹
Consumer Discretionary (9.6%)
	McDonald’s Corp.	7,483,194		467,251
	Walt Disney Co.	13,325,990		429,763
	Home Depot Inc.	11,790,714		341,105
	Comcast Corp. Class A	18,950,056		319,498
*	Amazon.com Inc.	2,311,763		310,978
	Target Corp.	5,216,510		252,323
	Lowe’s Cos. Inc.	10,207,067		238,743
	Time Warner Inc.	8,095,949		235,916
*	Ford Motor Co.	22,931,452		229,314
*	DIRECTV Class A	6,634,831		221,272
	News Corp. Class A	15,623,802		213,890
	NIKE Inc. Class B	2,701,484		178,487
	Johnson Controls Inc.	4,653,110		126,751
*	Viacom Inc. Class B	4,208,807		125,128
	Staples Inc.	5,019,372		123,426
*	Starbucks Corp.	5,151,057		118,783
*	Kohl’s Corp.	2,125,903		114,650
	Yum! Brands Inc.	3,242,910		113,405
	TJX Cos. Inc.	2,910,162		106,366
	Time Warner Cable Inc.	2,443,631		101,142
*	Carnival Corp.	3,029,890		96,017
	Best Buy Co. Inc.	2,368,261		93,452
	Omnicom Group Inc.	2,157,965		84,484
	Coach Inc.	2,211,307		80,779
	McGraw-Hill Cos. Inc.	2,183,356		73,164
*	Bed Bath & Beyond Inc.	1,821,279		70,356
	Gap Inc.	3,301,015		69,156
*	priceline.com Inc.	304,726		66,583
	CBS Corp. Class B	4,695,139		65,967
*	Apollo Group Inc. Class A	890,992		53,976
	H&R Block Inc.	2,324,733		52,585
	Mattel Inc.	2,506,219		50,074
	Macy’s Inc.	2,918,932		48,921
	Marriott International Inc.
	Class A	1,758,515		47,920
	Starwood Hotels &
	Resorts Worldwide Inc.	1,296,527		47,414
	VF Corp.	615,567		45,084


				Market
				Value^•
		Shares	($	000	)
	Fortune Brands Inc.	1,042,285		45,027
	JC Penney Co. Inc.	1,635,249		43,514
	Nordstrom Inc.	1,145,919		43,064
	Genuine Parts Co.	1,106,157		41,990
	Whirlpool Corp.	514,943		41,535
	Harley-Davidson Inc.	1,625,375		40,959
	Sherwin-Williams Co.	659,989		40,688
	International Game
	Technology	2,059,049		38,648
*	Expedia Inc.	1,461,335		37,571
	Tiffany & Co.	862,742		37,098
	Ross Stores Inc.	867,242		37,040
*	O’Reilly Automotive Inc.	951,063		36,254
	Ltd Brands Inc.	1,854,529		35,681
	Darden Restaurants Inc.	967,929		33,945
*	AutoZone Inc.	207,370		32,779
	Polo Ralph Lauren Corp.
	Class A	398,234		32,249
	Newell Rubbermaid Inc.	1,925,152		28,897
^{*,^}	Sears Holdings Corp.	336,409		28,073
	Wynn Resorts Ltd.	477,938		27,830
	Hasbro Inc.	863,504		27,684
	Black & Decker Corp.	417,512		27,067
	Family Dollar Stores Inc.	962,120		26,776
	Scripps Networks
	Interactive Inc. Class A	621,922		25,810
*	GameStop Corp. Class A	1,145,113		25,124
	Wyndham
	Worldwide Corp.	1,242,122		25,054
*	Interpublic Group of
	Cos. Inc.	3,380,467		24,948
	DeVry Inc.	429,644		24,374
	Gannett Co. Inc.	1,637,652		24,319
*	Goodyear Tire &
	Rubber Co.	1,683,939		23,744
	Pulte Homes Inc.	2,195,462		21,955
	Leggett & Platt Inc.	1,057,726		21,578
	Abercrombie & Fitch Co.	611,802		21,321
	DR Horton Inc.	1,921,950		20,892
	Washington Post Co.
	Class B	43,137		18,963


Institutional Index Fund



				Market
				Value^•
		Shares	($	000	)
	Harman International
	Industries Inc.	482,341		17,017
	RadioShack Corp.	870,555		16,976
*	Big Lots Inc.	574,539		16,650
	Lennar Corp. Class A	1,121,945		14,327
	Comcast Corp.	844,535		13,521
*	Office Depot Inc.	1,910,439		12,322
*	AutoNation Inc.	643,061		12,315
*	New York Times Co.
	Class A	804,050		9,938
*	Eastman Kodak Co.	1,865,013		7,870
	Meredith Corp.	255,028		7,868
				6,605,378
Consumer Staples (11.3%)
	Procter & Gamble Co.	20,259,809		1,228,352
	Coca-Cola Co.	16,067,710		915,859
	Wal-Mart Stores Inc.	14,795,356		790,812
	PepsiCo Inc.	10,820,277		657,873
	Philip Morris
	International Inc.	13,207,334		636,461
	CVS Caremark Corp.	9,780,770		315,039
	Colgate-Palmolive Co.	3,447,506		283,213
	Altria Group Inc.	14,368,834		282,060
	Kraft Foods Inc.	10,242,677		278,396
	Walgreen Co.	6,856,476		251,770
	Kimberly-Clark Corp.	2,880,137		183,494
	Costco Wholesale Corp.	3,023,068		178,875
	General Mills Inc.	2,264,482		160,348
	Archer-Daniels-
	Midland Co.	4,453,983		139,454
	Sysco Corp.	4,103,633		114,655
	Kellogg Co.	1,762,577		93,769
	HJ Heinz Co.	2,188,558		93,583
	Avon Products Inc.	2,961,055		93,273
	Kroger Co.	4,512,511		92,642
	Lorillard Inc.	1,113,821		89,362
	ConAgra Foods Inc.	3,070,975		70,786
	Reynolds American Inc.	1,171,738		62,067
	Mead Johnson
	Nutrition Co. Class A	1,417,868		61,961
	Safeway Inc.	2,817,717		59,989
	Clorox Co.	969,279		59,126
	Sara Lee Corp.	4,834,627		58,886
	JM Smucker Co.	825,160		50,954
	Dr Pepper Snapple
	Group Inc.	1,761,497		49,850
	Molson Coors Brewing Co.
	Class B	1,090,389		49,242
	Coca-Cola Enterprises Inc.	2,203,319		46,710
	Campbell Soup Co.	1,316,733		44,506
	Hershey Co.	1,152,788		41,258
	Brown-Forman Corp.
	Class B	761,710		40,805
	Estee Lauder Cos. Inc.
	Class A	818,347		39,575
	Pepsi Bottling Group Inc.	998,592		37,447


				Market
				Value^•
		Shares	($	000	)
	McCormick & Co. Inc.	907,648		32,793
*	Whole Foods Market Inc.	974,960		26,763
	Tyson Foods Inc. Class A	2,115,044		25,952
*	Dean Foods Co.	1,255,161		22,643
*	Constellation Brands Inc.
	Class A	1,386,776		22,091
	SUPERVALU Inc.	1,474,298		18,738
	Hormel Foods Corp.	485,256		18,658
				7,820,090
Energy (11.4%)
	Exxon Mobil Corp.	32,918,562		2,244,717
	Chevron Corp.	13,911,815		1,071,071
	Schlumberger Ltd.	8,326,206		541,953
	ConocoPhillips	10,288,077		525,412
	Occidental
	Petroleum Corp.	5,628,193		457,853
	Apache Corp.	2,330,975		240,487
	Devon Energy Corp.	3,079,347		226,332
	Anadarko Petroleum Corp.	3,408,129		212,735
	Halliburton Co.	6,253,886		188,179
	XTO Energy Inc.	4,023,964		187,235
	EOG Resources Inc.	1,749,814		170,257
	Marathon Oil Corp.	4,908,084		153,230
	National Oilwell Varco Inc.	2,900,659		127,890
	Hess Corp.	2,018,336		122,109
	Chesapeake Energy Corp.	4,491,089		116,229
*	Southwestern Energy Co.	2,394,169		115,399
	Spectra Energy Corp.	4,484,411		91,975
	Baker Hughes Inc.	2,148,558		86,974
	Noble Energy Inc.	1,202,746		85,660
	Williams Cos. Inc.	4,043,158		85,230
	Peabody Energy Corp.	1,857,034		83,956
	Murphy Oil Corp.	1,323,813		71,751
*	Cameron International
	Corp.	1,694,635		70,836
	Valero Energy Corp.	3,912,867		65,540
	Consol Energy Inc.	1,253,769		62,438
	Range Resources Corp.	1,093,615		54,517
*	FMC Technologies Inc.	847,016		48,991
	El Paso Corp.	4,862,016		47,794
	Diamond Offshore
	Drilling Inc.	481,865		47,425
	Smith International Inc.	1,715,301		46,605
*	Nabors Industries Ltd.	1,964,009		42,992
	Pioneer Natural
	Resources Co.	799,472		38,511
	BJ Services Co.	2,034,691		37,845
	Cabot Oil & Gas Corp.	718,533		31,321
*	Denbury Resources Inc.	1,731,842		25,631
	Massey Energy Co.	594,807		24,988
	Sunoco Inc.	812,942		21,218
*	Rowan Cos. Inc.	791,018		17,909
	Tesoro Corp.	974,913		13,210
				7,904,405


Institutional Index Fund



				Market
				Value^•
		Shares	($	000	)
Financials (14.3%)
	JPMorgan Chase & Co.	27,325,197		1,138,641
	Bank of America Corp.	68,903,224		1,037,683
	Wells Fargo & Co.	35,440,944		956,551
	Goldman Sachs
	Group Inc.	3,564,719		601,867
	Citigroup Inc.	135,214,867		447,561
	American Express Co.	8,245,742		334,117
	US Bancorp	13,260,820		298,501
	Morgan Stanley	9,426,310		279,019
	Bank of New York
	Mellon Corp.	8,350,190		233,555
	MetLife Inc.	5,677,447		200,698
	Travelers Cos. Inc.	3,788,471		188,893
	PNC Financial Services
	Group Inc.	3,199,343		168,893
	Prudential Financial Inc.	3,217,248		160,090
	Simon Property Group Inc.	1,976,950		157,761
	CME Group Inc.	461,236		154,952
	Aflac Inc.	3,244,282		150,048
	State Street Corp.	3,429,961		149,341
	Charles Schwab Corp.	6,607,509		124,353
	BB&T Corp.	4,767,730		120,957
	Capital One
	Financial Corp.	3,119,643		119,607
	Chubb Corp.	2,368,336		116,475
	Allstate Corp.	3,719,789		111,742
	Franklin Resources Inc.	1,033,162		108,844
��	T Rowe Price Group Inc.	1,785,441		95,075
	Loews Corp.	2,502,244		90,957
	Northern Trust Corp.	1,674,507		87,744
*	Progressive Corp.	4,674,784		84,099
	Marsh & McLennan
	Cos. Inc.	3,657,496		80,758
	Public Storage	940,375		76,594
	Vornado Realty Trust	1,087,134		76,034
	AON Corp.	1,899,231		72,817
	SunTrust Banks Inc.	3,460,855		70,221
	Ameriprise Financial Inc.	1,768,010		68,634
	Invesco Ltd.	2,915,842		68,493
	Equity Residential	1,914,561		64,674
	Boston Properties Inc.	961,745		64,504
	HCP Inc.	2,032,377		62,069
	Hartford Financial
	Services Group Inc.	2,655,526		61,768
*	IntercontinentalExchange
	Inc.	507,873		57,034
	Discover Financial
	Services	3,763,486		55,361
	Fifth Third Bancorp	5,514,175		53,763
	Principal Financial
	Group Inc.	2,211,280		53,159
	Lincoln National Corp.	2,094,345		52,107
	Host Hotels &
	Resorts Inc.	4,375,843		51,066
	Ventas Inc.	1,085,728		47,490


				Market
				Value^•
		Shares	($	000	)
	AvalonBay
	Communities Inc.	564,517		46,352
	NYSE Euronext	1,802,579		45,605
	Hudson City Bancorp Inc.	3,277,861		45,005
	ProLogis	3,280,776		44,914
	Unum Group	2,300,159		44,899
	Regions Financial Corp.	8,236,741		43,572
	XL Capital Ltd. Class A	2,372,014		43,479
	Plum Creek
	Timber Co. Inc.	1,128,751		42,622
	People’s United
	Financial Inc.	2,414,365		40,320
*	Genworth Financial Inc.
	Class A	3,387,125		38,444
^	M&T Bank Corp.	573,065		38,332
	Health Care REIT Inc.	852,822		37,797
	Kimco Realty Corp.	2,785,140		37,683
*	SLM Corp.	3,290,262		37,081
	Moody’s Corp.	1,360,817		36,470
	Legg Mason Inc.	1,126,261		33,968
	KeyCorp	6,090,719		33,803
*	Leucadia National Corp.	1,314,627		31,275
	Comerica Inc.	1,047,608		30,978
	Cincinnati Financial Corp.	1,127,940		29,597
^{*,^}	American International
	Group Inc.	933,117		27,975
*	CB Richard Ellis
	Group Inc. Class A	1,869,876		25,374
	Torchmark Corp.	575,637		25,299
	Assurant Inc.	812,249		23,945

*	First Horizon


	National Corp.	1,543,194	20,679
*	NASDAQ OMX Group Inc.	1,027,492	20,365
	Marshall & Ilsley Corp.	3,528,583	19,231
*	E*Trade Financial Corp.	10,767,585	18,843
	Huntington
	Bancshares Inc.	4,972,592	18,150
	Janus Capital Group Inc.	1,265,773	17,025
	Federated Investors Inc.
	Class B	612,615	16,847
	Apartment Investment &
	Management Co.	813,621	12,953
^	Zions Bancorporation	961,051	12,330
			9,895,782
Health Care (12.6%)
	Johnson & Johnson	19,132,064	1,232,296
	Pfizer Inc.	55,955,622	1,017,833
	Merck & Co. Inc.	21,180,195	773,924
	Abbott Laboratories	10,725,242	579,056
*	Amgen Inc.	7,018,232	397,021
	Medtronic Inc.	7,674,633	337,530
	Bristol-Myers Squibb Co.	11,868,935	299,691
*	Gilead Sciences Inc.	6,240,067	270,070
	Eli Lilly & Co.	7,011,232	250,371
	UnitedHealth Group Inc.	8,057,396	245,589
	Baxter International Inc.	4,180,195	245,294


Institutional Index Fund



				Market
				Value^•
		Shares	($	000	)
*	Medco Health
	Solutions Inc.	3,305,815		211,275
*	WellPoint Inc.	3,178,089		185,251
*	Celgene Corp.	3,186,822		177,442
*	Express Scripts Inc.	1,904,804		164,670
*	Thermo Fisher
	Scientific Inc.	2,831,188		135,019
	Allergan Inc.	2,132,196		134,350
	Becton Dickinson and Co.	1,644,150		129,658
	McKesson Corp.	1,858,090		116,131
*	Biogen Idec Inc.	2,005,183		107,277
	Stryker Corp.	1,958,024		98,626
	Aetna Inc.	3,005,726		95,282
*	Boston Scientific Corp.	10,472,850		94,256
*	Genzyme Corp.	1,840,086		90,183
*	Zimmer Holdings Inc.	1,476,717		87,289
*	St Jude Medical Inc.	2,317,561		85,240
	Cardinal Health Inc.	2,514,800		81,077
*	Intuitive Surgical Inc.	264,801		80,319
*	Forest Laboratories Inc.	2,092,246		67,182
	CIGNA Corp.	1,895,867		66,867
	Quest Diagnostics Inc.	1,076,815		65,018
*	Life Technologies Corp.	1,236,409		64,578
*	Hospira Inc.	1,124,277		57,338
*	Laboratory Corp. of
	America Holdings	736,293		55,104
	CR Bard Inc.	669,297		52,138
	AmerisourceBergen Corp.
	Class A	1,997,344		52,071
*	Humana Inc.	1,177,444		51,678
*	DaVita Inc.	708,533		41,619
*	Waters Corp.	656,487		40,676
*	Varian Medical
	Systems Inc.	862,831		40,424
*	Mylan Inc.	2,118,586		39,046
	DENTSPLY
	International Inc.	1,053,978		37,068
*	Cephalon Inc.	517,537		32,299
*	CareFusion Corp.	1,227,791		30,707
*	Watson
	Pharmaceuticals Inc.	735,732		29,142
*	Millipore Corp.	385,482		27,890
	IMS Health Inc.	1,264,673		26,634
*	Coventry Health Care Inc.	1,029,047		24,996
*	King Pharmaceuticals Inc.	1,726,303		21,182
*	Patterson Cos. Inc.	647,252		18,110
	PerkinElmer Inc.	811,971		16,718
*	Tenet Healthcare Corp.	3,011,204		16,230
				8,696,735
Industrials (10.2%)
	General Electric Co.	73,831,671		1,117,073
	United Technologies Corp.	6,500,925		451,229
	3M Co.	4,909,054		405,831
	United Parcel Service Inc.
	Class B	6,884,122		394,942
	Boeing Co.	5,038,252		272,721


				Market
				Value^•
		Shares	($	000	)
	Caterpillar Inc.	4,317,969		246,081
	Union Pacific Corp.	3,498,484		223,553
	Emerson Electric Co.	5,215,401		222,176
	Honeywell
	International Inc.	5,290,936		207,405
	General Dynamics Corp.	2,675,115		182,363
	FedEx Corp.	2,166,950		180,832
	Burlington Northern
	Santa Fe Corp.	1,817,542		179,246
	Lockheed Martin Corp.	2,217,801		167,111
	Deere & Co.	2,932,618		158,625
	Raytheon Co.	2,636,123		135,813
	Danaher Corp.	1,804,182		135,674
	Norfolk Southern Corp.	2,550,907		133,719
	CSX Corp.	2,721,945		131,987
	Illinois Tool Works Inc.	2,674,321		128,341
	Northrop Grumman Corp.	2,175,500		121,502
	Waste Management Inc.	3,395,095		114,788
	Precision Castparts Corp.	975,711		107,670
	PACCAR Inc.	2,520,453		91,417
	Eaton Corp.	1,149,563		73,135
	L-3 Communications
	Holdings Inc.	805,811		70,065
	CH Robinson
	Worldwide Inc.	1,163,032		68,305
	Cummins Inc.	1,399,096		64,163
	Republic Services Inc.
	Class A	2,240,312		63,423
	ITT Corp.	1,266,720		63,007
	Rockwell Collins Inc.	1,090,140		60,350
	Parker Hannifin Corp.	1,114,130		60,029
	Southwest Airlines Co.	5,144,157		58,798
	Fluor Corp.	1,240,911		55,891
	Goodrich Corp.	862,192		55,396
	Dover Corp.	1,290,733		53,707
	Expeditors International
	of Washington Inc.	1,470,151		51,058
	Rockwell Automation Inc.	986,199		46,332
^{*,^}	First Solar Inc.	336,251		45,528
	WW Grainger Inc.	437,917		42,403
	Fastenal Co.	915,199		38,109
	Flowserve Corp.	387,136		36,596
	Textron Inc.	1,879,526		35,354
	Masco Corp.	2,489,524		34,380
	Roper Industries Inc.	631,191		33,055
	Pitney Bowes Inc.	1,435,975		32,683
*	Jacobs Engineering
	Group Inc.	861,996		32,420
*	Stericycle Inc.	583,905		32,214
	RR Donnelley & Sons Co.	1,423,202		31,695
	Dun & Bradstreet Corp.	360,280		30,397
*	Quanta Services Inc.	1,454,687		30,316
	Pall Corp.	810,308		29,333
	Stanley Works	557,501		28,717
*	Iron Mountain Inc.	1,254,695		28,557
	Avery Dennison Corp.	781,583		28,520


Institutional Index Fund



				Market
				Value^•
		Shares	($	000	)
	Robert Half
	International Inc.	1,046,522		27,974
	Equifax Inc.	876,694		27,081
	Cintas Corp.	914,170		23,814
	Snap-On Inc.	401,443		16,965
	Ryder System Inc.	389,703		16,044
*	Monster Worldwide Inc.	874,059		15,209
*	Raytheon Co.
	Warrants Exp. 6/16/2011	20,998		304
				7,051,426
Information Technology (19.8%)
	Microsoft Corp.	53,565,525		1,633,213
*	Apple Inc.	6,245,468		1,316,919
	International Business
	Machines Corp.	9,108,741		1,192,334
*	Google Inc. Class A	1,672,002		1,036,608
*	Cisco Systems Inc.	39,889,448		954,953
	Hewlett-Packard Co.	16,441,396		846,896
	Intel Corp.	38,290,451		781,125
	Oracle Corp.	27,114,419		665,388
	QUALCOMM Inc.	11,582,157		535,791
	Visa Inc. Class A	3,105,898		271,642
*	EMC Corp.	14,144,153		247,098
	Texas Instruments Inc.	8,687,410		226,394
	Corning Inc.	10,789,941		208,354
*	eBay Inc.	7,799,779		183,607
*	Dell Inc.	11,939,204		171,447
	Mastercard Inc. Class A	665,771		170,424
	Automatic Data
	Processing Inc.	3,499,055		149,830
*	Yahoo! Inc.	8,257,467		138,560
*	Adobe Systems Inc.	3,631,631		133,571
	Applied Materials Inc.	9,247,738		128,913
	Motorola Inc.	16,023,673		124,344
*	Symantec Corp.	5,620,151		100,545
*	Juniper Networks Inc.	3,643,193		97,164
*	Broadcom Corp. Class A	2,986,519		93,926
*	Cognizant Technology
	Solutions Corp. Class A	2,043,385		92,565
	Western Union Co.	4,798,832		90,458
*	NetApp Inc.	2,349,807		80,810
*	Agilent Technologies Inc.	2,392,860		74,346
*	NVIDIA Corp.	3,847,385		71,869
*	Western Digital Corp.	1,562,656		68,991
	Paychex Inc.	2,229,997		68,327
*	IntuitInc.	2,196,209		67,446
	Analog Devices Inc.	2,023,593		63,905
*	Micron Technology Inc.	5,892,354		62,223
	CA Inc.	2,749,117		61,745
*	ComputerSciences Corp.	1,056,749		60,795
*	Salesforce.com Inc.	762,003		56,213
	Amphenol Corp. Class A	1,188,958		54,906
	Fidelity National
	Information Services Inc.	2,272,544		53,268
*	CitrixSystems Inc.	1,268,596		52,786
*	FiservInc.	1,067,004		51,728


				Market
				Value^•
		Shares	($	000	)
*	BMC Software Inc.	1,271,469		50,986
	Xerox Corp.	6,026,675		50,986
*	Sun Microsystems Inc.	5,223,238		48,942
	Xilinx Inc.	1,919,467		48,102
	Linear Technology Corp.	1,546,834		47,240
	Altera Corp.	2,047,832		46,342
*	SanDisk Corp.	1,582,217		45,869
*	McAfee Inc.	1,093,521		44,364
	Harris Corp.	913,149		43,420
	KLA-Tencor Corp.	1,184,791		42,842
*	Autodesk Inc.	1,592,646		40,469
*	Affiliated Computer
	Services Inc. Class A	676,920		40,405
*	Red Hat Inc.	1,301,854		40,227
*	SAIC Inc.	2,122,783		40,206
*	Electronic Arts Inc.	2,256,504		40,053
*	Advanced Micro
	Devices Inc.	3,903,551		37,786
*	Teradata Corp.	1,186,849		37,303
	Microchip Technology Inc.	1,272,833		36,989
*	FLIR Systems Inc.	1,052,252		34,430
*	VeriSign Inc.	1,333,399		32,322
*	Akamai Technologies Inc.	1,187,323		30,075
*	LSI Corp.	4,527,917		27,213
	National
	Semiconductor Corp.	1,640,242		25,194
	Total System Services Inc.	1,371,216		23,681
	Jabil Circuit Inc.	1,325,656		23,027
*	MEMC Electronic
	Materials Inc.	1,554,683		21,175
	Molex Inc.	942,385		20,308
*	Novellus Systems Inc.	674,511		15,743
*	Tellabs Inc.	2,685,511		15,254
*	QLogic Corp.	796,928		15,038
*	Lexmark International Inc.
	Class A	543,040		14,108
*	Teradyne Inc.	1,216,096		13,049
*	JDS Uniphase Corp.	1,548,159		12,772
*	Compuware Corp.	1,602,746		11,588
*	Novell Inc.	2,411,689		10,009
				13,668,944
Materials (3.6%)
	Monsanto Co.	3,779,367		308,963
*	Freeport-McMoRan
	Copper & Gold Inc.	2,980,786		239,327
	Dow Chemical Co.	7,930,575		219,122
	EI du Pont de Nemours
	& Co.	6,266,460		210,992
	Praxair Inc.	2,127,312		170,844
	Newmont Mining Corp.	3,398,736		160,794
	Air Products &
	Chemicals Inc.	1,467,851		118,984
	Alcoa Inc.	6,756,122		108,909
	Nucor Corp.	2,182,831		101,829
	International Paper Co.	3,002,877		80,417
	Ecolab Inc.	1,647,079		73,427


Institutional Index Fund



				Market
				Value^•
		Shares	($	000	)
	PPG Industries Inc.	1,157,785		67,777
	Weyerhaeuser Co.	1,465,354		63,215
	United States Steel Corp.	993,805		54,779
	Vulcan Materials Co.	869,360		45,789
	Sigma-Aldrich Corp.	843,680		42,631
	Cliffs Natural
	Resources Inc.	908,025		41,851
*	Owens-Illinois Inc.	1,168,211		38,399
	MeadWestvaco Corp.	1,186,465		33,969
	Ball Corp.	652,329		33,725
	CF Industries
	Holdings Inc.	336,628		30,559
	Allegheny
	Technologies Inc.	679,863		30,438
	Eastman Chemical Co.	503,969		30,359
	FMC Corp.	501,206		27,947
	Airgas Inc.	569,106		27,089
	Sealed Air Corp.	1,105,399		24,164
	International Flavors &
	Fragrances Inc.	549,633		22,612
	Bemis Co. Inc.	752,411		22,309
*	Pactiv Corp.	920,083		22,211
	AK Steel Holding Corp.	760,533		16,237
*	Titanium Metals Corp.	588,304		7,366
				2,477,034
Telecommunication Services (3.1%)
	AT&T Inc.	40,918,615		1,146,949
	Verizon
	Communications Inc.	19,697,432		652,576
*	American Tower Corp.
	Class A	2,783,544		120,277
*	Sprint Nextel Corp.	20,585,612		75,343
	CenturyTel Inc.	2,062,829		74,695
	Qwest Communications
	International Inc.	10,294,974		43,342
	Windstream Corp.	3,027,812		33,275
	Frontier
	Communications Corp.	2,171,953		16,963
*	MetroPCS
	Communications Inc.	1,813,467		13,837
				2,177,257
Utilities (3.7%)
	Exelon Corp.	4,572,041		223,436
	Southern Co.	5,548,632		184,880
	Dominion Resources Inc.	4,141,155		161,174
	Duke Energy Corp.	9,045,996		155,682
	FPL Group Inc.	2,866,067		151,386
	Public Service Enterprise
	Group Inc.	3,508,282		116,650
	American Electric
	Power Co. Inc.	3,311,914		115,221
	PG&E Corp.	2,572,135		114,846
	Entergy Corp.	1,309,953		107,207


						Market
						Value^•
			Shares		($	000	)
	FirstEnergy Corp.		2,113,596			98,176
	Sempra Energy		1,708,724			95,654
	Consolidated Edison Inc.		1,945,577			88,388
	PPL Corp.		2,614,467			84,473
	Progress Energy Inc.		1,938,764			79,509
	Edison International		2,258,995			78,568
	Xcel Energy Inc.		3,166,151			67,186
*	AES Corp.		4,628,571			61,606
	Questar Corp.		1,208,900			50,254
	DTE Energy Co.		1,143,405			49,841
	Constellation Energy
	Group Inc.		1,392,846			48,986
	Ameren Corp.		1,642,560			45,910
	Wisconsin Energy Corp.		810,510			40,388
	EQT Corp.		907,635			39,863
	CenterPoint Energy Inc.		2,706,412			39,270
	Northeast Utilities		1,216,426			31,372
	NiSource Inc.		1,911,660			29,401
	SCANA Corp.		768,263			28,948
	Allegheny Energy Inc.		1,175,466			27,600
	Pepco Holdings Inc.		1,536,148			25,884
	Pinnacle West
	Capital Corp.		703,872			25,748
	CMS Energy Corp.		1,596,683			25,004
	TECO Energy Inc.		1,486,559			24,112
	Integrys Energy
	Group Inc.		531,373			22,312
	Nicor Inc.		314,504			13,241
						2,552,176
Total Common Stocks
(Cost $68,852,127)						68,849,227
Temporary Cash Investments (0.5%)¹
Money Market Fund (0.5%)
2,3	Vanguard Market Liquidity
	Fund, 0.187%		342,767,665			342,768

			Face
			Amount
		($	000	)
U.S. Government and Agency Obligations (0.0%)
4,5	Federal Home Loan
	Bank Discount Notes,
	0.220%, 3/26/10		10,000			9,997
4,5	Freddie Mac Discount
	Notes, 0.230%, 6/21/10		17,000			16,983
						26,980
Total Temporary Cash Investments
(Cost $369,744)						369,748
Total Investments (100.1%)
(Cost $69,221,871)						69,218,975


Institutional Index Fund


		Market
		Value^•
	($	000	)
Other Assets and Liabilities (-0.1%)
Other Assets		716,019
Liabilities³		(766,916	)
		(50,897	)
Net Assets (100%)		69,168,078


At December 31, 2009, net assets consisted of:
		Amount
	($	000	)
Paid-in Capital		70,503,967
Undistributed Net Investment Income		9,972
Accumulated Net Realized Losses		(1,344,013	)
Unrealized Appreciation (Depreciation)
Investment Securities		(2,896	)
Futures Contracts		1,048
Net Assets		69,168,078



Institutional Shares—Net Assets
Applicable to 435,390,760 outstanding
$.001 par value shares of beneficial
interest (unlimited authorization)		44,401,040
Net Asset Value Per Share—
Institutional Shares	$	101.98


Institutional Plus Shares—Net Assets
Applicable to 242,857,138 outstanding
$.001 par value shares of beneficial
interest (unlimited authorization)		24,767,038
Net Asset Value Per Share—
Institutional Plus Shares	$	101.98

• See Note A in Notes to Financial Statements.

* Non-income-producing security.

^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $100,731,000.

1 The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund’s effective common stock and temporary cash investment positions represent 100.0% and 0.1%, respectively, of net assets.

2 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.

3 Includes $105,494,000 of collateral received for securities on loan.

4 The issuer operates under a congressional charter; its securities are not backed by the full faith and credit of the U.S. government.

5 Securities with a value of $26,980,000 have been segregated as initial margin for open futures contracts.

REIT—Real Estate Investment Trust.

See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Index Fund


Statement of Operations

		Year Ended
		December 31, 2009
	($	000	)
Investment Income
Income
Dividends		1,435,305
Interest¹		1,697
Security Lending		38,627
Total Income		1,475,629
Expenses
The Vanguard Group—Note B
Management and Administrati ve—Institutional Shares		17,962
Management and Administrative—Institutional Plus Shares		5,170
Total Expenses		23,132
Net Investment Income		1,452,497
Realized Net Gain (Loss)
Investment Securities Sold		3,179,801
Futures Contracts		105,379
Realized Net Gain (Loss)		3,285,180
Change in Unrealized Appreciation (Depreciation)
Investment Securities		9,842,252
Futures Contracts		(11,337	)
Change in Unrealized Appreciation (Depreciation)		9,830,915
Net Increase (Decrease) in Net Assets Resulting from Operations		14,568,592
1 Interest income from an affiliated company of the fund was $1,402,000.




See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Index Fund


Statement of Changes in Net Assets

		Year Ended December 31,
		2009			2008
	($	000	)	($	000	)
Increase (Decrease) in Net Assets
Operations
Net Investment Income		1,452,497			1,436,285
Realized Net Gain (Loss)		3,285,180			(732,143	)
Change in Unrealized Appreciation (Depreciation)		9,830,915			(28,467,348	)
Net Increase (Decrease) in Net Assets Resulting from Operations		14,568,592			(27,763,206	)
Distributions
Net Investment Income
Institutional Shares		(922,489	)		(911,292	)
Institutional Plus Shares		(529,650	)		(524,799	)
Realized Capital Gain
Institutional Shares		—			—
Institutional Plus Shares		—			—
Total Distributions		(1,452,139	)		(1,436,091	)
Capital Share Transactions
Institutional Shares		4,601,659			4,295,881
Institutional Plus Shares		2,263,207			2,467,315
Net Increase (Decrease) from Capital Share Transactions		6,864,866			6,763,196
Total Increase (Decrease)		19,981,319			(22,436,101	)
Net Assets
Beginning of Period		49,186,759			71,622,860
End of Period¹		69,168,078			49,186,759
1 Net Assets—End of Period includes undistributed net investment income of $9,972,000 and $9,614,000.

See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Index Fund


Financial Highlights


Institutional Shares

For a Share Outstanding								Year Ended December 31,
Throughout Each Period		2009			2008			2007			2006			2005
Net Asset Value, Beginning of Period	$	82.54		$	134.14		$	129.59		$	114.01		$	110.70
Investment Operations
Net Investment Income		2.207			2.521			2.560			2.240			2.050
Net Realized and Unrealized Gain (Loss)
on Investments		19.441			(51.599	)		4.550			15.580			3.310
Total from Investment Operations		21.648			(49.078	)		7.110			17.820			5.360
Distributions
Dividends from Net Investment Income		(2.208	)		(2.522	)		(2.560	)		(2.240	)		(2.050	)
Distributions from Realized Capital Gains		—			—			—			—			—
Total Distributions		(2.208	)		(2.522	)		(2.560	)		(2.240	)		(2.050	)
Net Asset Value, End of Period	$	101.98		$	82.54		$	134.14		$	129.59		$	114.01

Total Return		26.63	%		-36.95	%		5.47	%		15.78	%		4.91	%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$	44,401		$	31,543		$	45,847		$	45,243		$	39,154
Ratio of Total Expenses to
Average Net Assets		0.05	%		0.05	%		0.05	%		0.05	%		0.05	%
Ratio of Net Investment Income to
Average Net Assets		2.56	%		2.28	%		1.90	%		1.87	%		1.87	%
Portfolio Turnover Rate¹		11	%		7	%		7	%		8	%		8	%

1 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares.

See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Index Fund


Financial Highlights


Institutional Plus Shares

For a Share Outstanding								Year Ended December 31,
Throughout Each Period		2009			2008			2007			2006			2005
Net Asset Value, Beginning of Period	$	82.54		$	134.14		$	129.59		$	114.01		$	110.71
Investment Operations
Net Investment Income		2.229			2.548			2.597			2.269			2.068
Net Realized and Unrealized Gain (Loss)
on Investments		19.441			(51.598	)		4.548			15.580			3.310
Total from Investment Operations		21.670			(49.050	)		7.145			17.849			5.378
Distributions
Dividends from Net Investment Income		(2.230	)		(2.550	)		(2.595	)		(2.269	)		(2.078	)
Distributions from Realized Capital Gains		—			—			—			—			—
Total Distributions		(2.230	)		(2.550	)		(2.595	)		(2.269	)		(2.078	)
Net Asset Value, End of Period	$	101.98		$	82.54		$	134.14		$	129.59		$	114.01

Total Return		26.66	%		-36.94	%		5.50	%		15.81	%		4.93	%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$	24,767		$	17,643		$	25,776		$	20,294		$	17,095
Ratio of Total Expenses to Average Net Assets		0.025	%		0.025	%		0.025	%		0.025	%		0.025	%
Ratio of Net Investment Income to
Average Net Assets		2.59	%		2.30	%		1.93	%		1.90	%		1.90	%
Portfolio Turnover Rate¹		11	%		7	%		7	%		8	%		8	%

1 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares.

See accompanying Notes, which are an integral part of the Financial Statements.

Institutional Index Fund

Notes to Financial Statements

Vanguard Institutional Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, o r mutual fund. The fund offers two classes of shares, Institutional

Shares and Institutional Plus Shares, to investors who invest minimum amounts of $5 million and $200 million, respectively.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. mutual funds. The fund consistently follows such policies in preparing its financial statements.

Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

2. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full e xposure to the stock market, enhancing returns, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures con tracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The fund may seek to enhance returns by using futures contracts instead of the underlying securities when futures are believed to be priced more attractively than the underlying securities. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market va lues of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market.

Futures contracts are valued at their quoted daily settlement prices. The aggregate principal amounts of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).

3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions take n for all open federal income tax years (December 31, 2006–2009), and has concluded that no provision for federal income tax is required in the fund’s financial statements.

4. Distributions: Distributions to shareholders are recorded on the ex-dividend date.

5. Security Lending: The fund may lend its securities to qualified institutional borrowers to earn additional income. Security loans are required to be secured at all times by collateral at least equal to the market value of securities loaned. The fund invests cash collateral received in Vanguard Market Liquidity Fund, and records a liability for the return of the collateral, during the period the securities are on loan. Security lending income represents the income earned on investing c ash collateral, less expenses associated with the loan.

Institutional Index Fund

6. Other: Dividend income is recorded on the ex-dividend date. Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold. Class-specific shareholder servicing fees are charged to each class at the contractual rate. Income, expenses not attributable to a specific class, and realized and unrealized gains and losses on investments are allocated to each class of shares based on its relative net assets.

B. The Vanguard Group provides investment advisory, corporate management, administrative, marketing, and distribution services and pays for all other operating expenses, except for taxes, in return for a fee calculated at an annual percentage rate of the average net assets of the fund, or, for shareholder services, each class of shares. The fund’s trustees and officers are also directors and officers of Vanguard.

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quo ted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

The following table summarizes the fund’s investments as of December 31, 2009, based on the inputs used to value them:


	Level 1		Level 2		Level 3
Investments	($000	)	($000	)	($000	)
Common Stocks	68,849,227		—		—
Temporary Cash Investments	342,768		26,980		—
Futures Contracts—Liabilities¹	(3,121	)	—		—
Total	69,188,874		26,980		—
1 Represents variation margin on the last day of the reporting period.

D. At December 31, 2009, the aggregate settlement value of open futures contracts and the related unrealized appreciation (depreciation) were:


				($	000	)
		Number of	Aggregate		Unrealized
		Long (Short)	Settlement		Appreciation
Futures Contracts	Expiration	Contracts	Value		(Depreciation)
E-mini S&P 500 Index	March 2010	3,236	179,711		(61	)
S&P 500 Index	March 2010	448	124,398		1,109

Unrealized appreciation (depreciation) on open futures contracts is required t o be treated as realized gain (loss) for tax purposes.

Institutional Index Fund

E. Distributions are determined on a tax basis and may differ from net investment income and realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial sta tements to reflect their tax character. Temporary differences arise when certain items of income, expense, gain, or loss are recognized in different periods for financial statement and tax purposes; these differences will reverse at some time in the future. Differences in classification may also result from the treatment of short-term gains as ordinary income for tax purposes.

During the year ended December 31, 2009, the fund realized $626,072,000 of net capital gains resulting from in-kind redemptions—in which shareholders exchanged fund shares for securities held by the fund rather than for cash. Because such gains are not taxable to the fund, and are not distributed to shareholders, they have been reclassified from accumulated net realized losses to paid-in capital.

For tax purposes, at December 31, 2009, the fund had $9,535,000 of ordinary income available for distribution. The fund had available capital loss carryforwards totaling $1,342,501,000 to offset future net capital gains of $631,487,000 through December 31, 2014, $54,429,000 through December 31, 2015, and $656,585,000 through December 31, 2016.

At December 31, 2009, the cost of investment sec urities for tax purposes was $69,221,899,000. Net unrealized depreciation of investment securities for tax purposes was $2,924,000, consisting of unrealized gains of $11,019,613,000 on securities that had risen in value since their purchase and $11,022,537,000 in unrealized losses on securities that had fallen in value since their purchase.

F. During the year ended December 31, 2009, the fund purchased $14,525,791,000 of investment securities and sold $7,434,272,000 of investment securities, other than temporary cash investments.


G. Capital share transactions for each class of shares w ere:
							Year Ended December 31,
				2009					2008
		Amount		Shares			Amount		Shares
	($	000	)	(000	)	($	000	)	(000	)
Institutional Shares
Issued		10,784,824		125,715			10,979,735		100,686
Issued in Lieu of Cash Distributions		832,657		9,266			827,364		8,027
Redeemed		(7,015,822	)	(81,732	)		(7,511,218	)	(68,358	)
Net Increase (Decrease)—Institutional Shares		4,601,659		53,249			4,295,881		40,355
Institutional Plus Shares
Issued		5,888,812		71,004			5,751,623		52,099
Issued in Lieu of Cash Distributions		509,495		5,659			506,788		4,911
Redeemed		(4,135,100	)	(47,550	)		(3,791,096	)	(35,416	)
Net Increase (Decrease)—Institutional Plus Shares		2,263,207		29,113			2,467,315		21,594

H. In preparing the financial statements as of December 31, 2009, management considered the impact of subsequent events occurring through February 10, 2010, for potential recognition or disclosure in these financial statements.

Report of Independent Registered Public Accounting Firm

To the Trustees of Vanguard Institutional Index Funds and the Shareholders of Vanguard Institutional

Index Fund:

Institutional Index Funds, hereafter referred to as the “Fund”) at December 31, 2009, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as “financial statements”) are the responsibility of the Fund’s management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at December 31, 2009 by correspondence with the custodian and broker and by agreement to the underlying ownership records of Vanguard Market Liquidity Fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania

February 10, 2010

Special 2009 tax information (unaudited) for Vanguard Institutional Index Fund

This information for the fiscal year ended December 31, 2009, is included pursuant to provisions of the Internal Revenue Code.

The fund distributed $1,452,139,000 of qualified dividend income to shareholders during the fiscal year.

For corporate shareholders, 96.9% of investment income (dividend income plus short-term gains, if any) qualifies for the dividends-received deduction.

About Your Fund’s Expenses

As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.

A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The accompanying table illustrates your fund’s costs in two ways:

• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“

• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Your fund does not charge transaction fees, such as purchase or redemption fees, nor does it carry a “sales load.” The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.

You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.


Six Months Ended December 31, 2009
	Beginning	Ending	Expenses
	Account Value	Account Value	Paid During
Institutional Index Fund	6/30/2009	12/31/2009	Period
Based on Actual Fund Return
Institutional Shares	$1,000.00	$1,226.16	$0.28
Institutional Plus Shares	1,000.00	1,226.31	0.14
Based on Hypothetical 5% Yearly Return
Institutional Shares	$1,000.00	$1,024.95	$0.26
Institutional Plus Shares	1,000.00	1,025.08	0.13

The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.05% for Institutional Shares and 0.025% for Institutional Plus Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period.

Glossary

30-Day SEC Yield. A fund’s 30-day SEC yield is derived using a formula specified by the U.S. Securities and Exchange Commission. Under the formula, data related to the fund’s security holdings in the previous 30 days are used to calculate the fund’s hypothetical net income for that period, which is then annualized and divided by the fund’s estimated average net assets over the calculation period. For the purposes of this calculation, a security’s income is based on its current market yield to maturity (in the case of bonds) or its projected dividend yield (for stocks). Because the SEC yield represents hypothetical annualized income, it will differ—at times significantly—from the fund’s actual experience. As a result, the fund’s income distributions may be higher or lower than implied by the SEC yield.

Beta. A measure of the magnitude of a fund’s past share-price fluctuations in relation to the ups and downs of a given market index. The index is assigned a beta of 1.00. Compared with a given index, a fund with a beta of 1.20 typically would have seen its share price rise or fall by 12% when the index rose or fell by 10%. For this report, beta is based on returns over the past 36 months for both the fund and the index. Note that a fund’s beta should be reviewed in conjunction with its R-squared (see definition). The lower the R-squared, the less correlation there is between the fund and the index, and the less reliable beta is as an indicator of volatility.

Dividend Yield. Dividend income earned by stocks, expressed as a percentage of the aggregate market value (or of net asset value, for a fund). The yield is determined by dividing the amount of the annual dividends by the aggregate value (or net asset value) at the end of the period. For a fund, the dividend yield is based solely on stock holdings and does not include any income produced by other investments.

Earnings Growth Rate. The average annual rate of growth in earnings over the past five years for the stocks now in a fund.

Equity Exposure. A measure that reflects a fund’s investments in stocks and stock futures. Any holdings in short-term reserves are excluded.

Expense Ratio. The percentage of a fund’s average net assets used to pay its annual administrative and advisory expenses. These expenses directly reduce returns to investors.

Foreign Holdings. The percentage of a fund represented by stocks or depositary receipts of companies based outside the United States.

Inception Date. The date on which the assets of a fund (or one of its share classes) are first invested in accordance with the fund’s investment objective. For funds with a subscription period, the inception date is the day after that period ends. Investment performance is measured from the inception date.

Median Market Cap. An indicator of the size of companies in which a fund invests; the midpoint of market capitalization (market price x shares outstanding) of a fund’s stocks, weighted by the proportion of the fund’s assets invested in each stock. Stocks representing half of the fund’s assets have market capitalizations above the median, and the rest are below it.

Price/Book Ratio. The share price of a stock divided by its net worth, or book value, per share. For a fund, the weighted average price/book ratio of the stocks it holds.

Price/Earnings Ratio. The ratio of a stock’s current price to its per-share earnings over the past year. For a fund, the weighted average P/E of the stocks it holds. P/E is an indicator of market expectations about corporate prospects; the higher the P/E, the greater the expectations for a company’s future growth.

R-Squared. A measure of how much of a fund’s past returns can be explained by the returns from the market in general, as measured by a given index. If a fund’s total returns were precisely synchronized with an index’s returns, its R-squared would be 1.00. If the fund’s returns bore no relationship to the index’s returns, its R-squared would be 0. For this report, R-squared is based on returns over the past 36 months for both the fund and the index.

Return on Equity. The annual average rate of return generated by a company during the past five years for each dollar of shareholder’s equity (net income divided by shareholder’s equity). For a fund, the weighted average return on equity for the companies whose stocks it holds.

Short-Term Reserves. The percentage of a fund invested in highly liquid, short-term securities that can be readily converted to cash.

Turnover Rate. An indication of the fund’s trading activity. Funds with high turnover rates incur higher transaction costs and may be more likely to distribute capital gains (which may be taxable to investors). The turnover rate excludes in-kind transactions, which have minimal impact on costs.

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The People Who Govern Your Fund

The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them on an at-cost basis.

A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 163 Vanguard funds.

The following table provides information for each trustee and executive officer of the fund. More information about the trustees is in the Statement of Additional Informatio n, which can be obtained, wit hout charge, by contacting Vanguard at 800-662-7447, or online at www.vanguard.com.

Interested Trustee¹

F. William McNabb III

Born 1957. Trustee Since July 2009. Chairman of the Board. Principal Occupation(s) During the Past Five Years: Chairman of the Board of The Vanguard Group, Inc., and of each of the investment companies served by The Vanguard Group, since January 2010; Director of The Vanguard Group since 2008; Chief Executive Officer and President of The Vanguard Group and of each of the investment companies served by The Vanguard Group since 2008; Director of Vanguard Marketing Corporation; Managing Director of The Vanguard Group (1995–2008).

Independent Trustees

Emerson U. Fullwood

Born 1948. Trustee Since January 2008. Principal Occupation(s) During the Past Five Years: Executive Chief Staff and Marketing Officer for North America and Corporate Vice President (retired 2008) of Xerox Corporation (photocopiers and printers); Director of SPX Corporation (multi-industry manufacturing), the United Way of Rochester, the Boy Scouts of America, Amerigroup Corporation (direct health and medical insurance carriers), and Monroe Community College Foundation.

Rajiv L. Gupta

Born 1945. Trustee Since December 2001.²Principal Occupation(s) During the Past Five Years: Chairman and Chief Executive Officer (retired 2009) and President (2006–2008) of Rohm and Haas Co. (c hemicals); Board Member of American Chemistry Council; Director of Tyco International, Ltd. (diversified manufacturing and se rvices) and Hewlett-Packard Co. (electronic computer manufacturing); Trus tee of The Conference Board.

Amy Gutmann

Born 1949. Trustee Since June 2006. Principal Occupation(s) During the Past Five Years: President of the University of Pennsylvania; Christopher H. Browne Distinguished Professor of Political Science in the School of Arts and Sciences with secondary appointments at the Annenberg School for Communication and the Graduate School of Education of the University of Pennsylvania; Director of Carnegie Corporation of New York, Schuylkill River Development Corporation, and Greater Philadelphia Chamber of Commerce; Trustee of the National Constitution Center.

JoAnn Heffernan Heisen

Born 1950. Trustee Since July 1998. Principal Occupation(s) During the Past Five Years: Corporate Vice President and Chief Global Diversity Officer since 2006 (retired 2008) and Member of the Executive Committee (retired 2008) of Johnson & Johnson (pharmaceuticals/consumer products); Vice President and Chief Information Officer of Johnson & Johnson (1997–2005); Director of the University Medical Center at Princeton and Women’s Research and Education Institute; Member of the Advisory Board of the Maxwell School of Citizenship and Public Affairs at Syracuse University.

F. Joseph Loughrey

Born 1949. Trustee Since October 2009. Principal Occupation(s) During the Past Five Years: President and Chief Operating Officer since 2005 (retired 2009) and Vice Chairman of the Board (2008–2009) of Cummins Inc. (industrial machinery); Director of SKF AB (industrial machinery), Hillenbrand, Inc. (specialized consumer services), Sauer-Danfoss Inc. (machinery), the Lumina Foundation for Education, and the Columbus Community Education Coalition; Chairman of the Advisory Council for the College of Arts and Letters at the University of Notre Dame.

André F. Perold

Born 1952. Trustee Since December 2004. Principal Occupation(s) During the Past Five Years: George Gund Professor of Finance and Banking, Harvard Business School; Chair of the Investment Committee of HighVista Strategies LLC (private in vestment firm).

Alfred M. Rankin, Jr.

Born 1941. Trustee Since January 1993. Principal Occupation(s) During the Past Five Years: Chairman, President, and Chief Executive Officer of NACCO Industries, Inc. (forklift trucks/housewares/lignite); Director of Goodrich Corporation (industrial products/ aircraft systems and services); Deputy Chairman of the Federal Reserve Bank of Cleveland; Trustee of University Hospitals of Cleveland, The Cleveland Museum of Art, and Case Western Reserve University.

Peter F. Volanakis

Born 1955. Trustee Since July 2009. Principal Occupation(s) During the Past Five Years: President since 2007 and Chief Operating Officer since 2005 of Corning Incorporated (communications equipment); President of Corning Technologies (2001–2005); Director of Corning Inco rporated and Dow Corning; Trustee of the Corning Incorporated Foundation and the Corning Museum of Glass; Overseer of the Amos Tuck School of Business Administration at Dartmouth College.

Executive Officers

Thomas J. Higgins

Born 1957. Chief Financial Officer Since September 2008. Principal Occupation(s) During the Past Five Years: Principal of The Vanguard Group, Inc.; Chief Financial Officer of each of the investment companies served by The Vanguard Group since 2008; Treasurer of each of the investment companies served by The Vanguard Group (1998–2008).

Kathryn J. Hyatt

Born 1955. Treasurer Since November 2008. Principal Occupation(s) During the Past Five Years: Principal of The Vanguard Group, Inc.; Treasurer of each of the investment companies served by The Vanguard Group since 2008; Assistant Treasurer of each of the investment companies served by The Vanguard Group (1988–2008).

Heidi Stam

Born 1956. Secretary Since July 2005. Principal Occupation(s) During the Past Five Years: Managing Director of The Vanguard Group, Inc., since 2006; General Counsel of The Vanguard Group since 2005; Secretary of The Vanguard Group and of each of the investment companies serve d by The Vanguard Group since 2005; Director and Senior Vice President of Vanguard Marketing Corporation since 2005; Principal of The Vanguard Group (1997–2006).

Vanguard Senior Management Team

R. Gregory Barton
Mortimer J. Buckley
Kathleen C. Gubanich
Paul A. Heller

Michael S. Miller
James M. Norris
Glenn W. Reed
George U. Sauter

Chairman Emeritus and Senior Advisor

John J. Brennan

Chairman, 1996–2009

Chief Executive Officer and President, 1996–2008

Founder

John C. Bogle

Chairman and Chief Executive Officer, 1974–1996

1 Mr. McNabb is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds.

2 December 2002 for Vanguard Equity Income Fund, Vanguard Growth Equity Fund, the Vanguard Municipal Bond Funds, and the Vanguard State Tax-Exempt Funds.

P.O. Box 2600

Valley Forge, PA 19482-2600

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This material may be used in conjunction
with the offering of shares of any Vanguard
fund only if preceded or accompanied by
the fund’s current prospectus.

All comparative mutual fund data are from Lipper Inc. or
Morningstar, Inc., unless otherwise noted.

You can obtain a free copy of Vanguard’s proxy voting
guidelines by visiting our website, www.vanguard.com,
and searching for “proxy voting guidelines,” or by calling
Vanguard at 800-662-2739. The guidelines are also
available from the SEC’s website, www.sec.gov. In
addition, you may obtain a free report on how your fund
voted the proxies for securities it owned during the 12
months ended June 30. To get the report, visit either
www.vanguard.com or www.sec.gov.

You can review and copy information about your fund at
the SEC’s Public Reference Room in Washington, D.C. To
find out more about this public service, call the SEC at
202-551-8090. Information about your fund is also
available on the SEC’s website, and you can receive
copies of this information, for a fee, by sending a
request in either of two ways: via e-mail addressed to
publicinfo@sec.gov or via regular mail addressed to the
Public Reference Section, Securities and Exchange
Commission, Washington, DC 20549-1520.

	© 2010 The Vanguard Group, Inc.

	Vanguard All rights reserved.
	Marketing Corporation, Distributor.

	Q940 022010

Vanguard Institutional

Total Bond Market Index Fund Annual Report

Investors began to regain their appetite for risk and reward in early 2009, helping to fuel a rally in the corporate bond market.
For the year ended December 31, 2009, Vanguard Institutional Total Bond Market Index Fund returned about 6%, closely tracking its target benchmark.
In a year when lower-quality, riskier bonds were among the best performers, the fund’s return lagged the average return of its peer group.


Contents
Your Fund’s Total Returns.......	1
Chairman’s Letter...................	2
Results of Proxy Voting...........	7
Fund Profile............................	8
Performance Summary............	9
Financial Statements...............	11
About Your Fund’s Expenses....	73
Glossary...................................	75

See the Glossary for definitions of investment terms used in this report.

Cover photograph: Veronica Coia.

Your Fund’s Total Returns

Fiscal Year Ended December 31, 2009

30-Day SEC

Income

Capital

Total

Yields

Returns

Vanguard Institutional Total Bond Market

Index Fund

3.47

4.44

1.62

6.06

Barclays Capital U.S. Aggregate Bond Index

5.93

Spliced Intermediate Investment-Grade Funds

Average

12.49

Spliced Intermediate Investment-Grade Funds Average: Derived from data provided by Lipper Inc.

Your Fund’s Performance at a Glance

December 31, 2008 , Through December 31, 2009

Distributions Per Share

Starting

Ending

Income

Capital

Share Price

Dividends

Gains

Vanguard Institutional Total Bond Market Index

Fund

51.33

52.01

2.205

0.150

Chairman’s Letter

Dear Shareholder,

As credit markets returned to normal, Vanguard Institutional Total Bond Market Index Fund returned 6.06% for the year ended December 31, 2009, the second-highest fiscal-year return since the fund’s inception in 2002. The fund closely tracked its benchmark index, the Barclays Capital U.S. Aggregate Bond Index.

However, amid a low-quality bond rally, the fund’s high-quality portfolio trailed the average return of peer funds by more than 6 percentage points. In contrast, in 2008, when the highest-quality bonds were the best performers, the fund returned 5.05% while the average return of the peer group was –4.43%.

On December 31, the fund’s 30-day SEC yield was 3.47%, down from 4.48% a year ago.

Please note that this is our last stand-alone report for this fund. In early February, the fund merged with Vanguard Total Bond Market Index Fund, which has a similar portfolio and now offers six share classes, including new Institutional Plus Shares. As we announced last autumn, the merger is expected to result in greater efficiencies in the administration and investment management of the fund—developments that will ultimately benefit fund shareholders.

Also, as of January 1, 2010, both funds adopted a new float-adjusted version of their former benchmark index. Float-adjusted indexes better represent the liquidity in the marketplace by including

only those bonds that are actually available to investors. The Federal Reserve Board’s extraordinary efforts to stabilize the credit markets included plans to purchase more than $1 trillion in U.S. agency mortgage-backed securities, effectively removing these bonds from the investable universe. Barclays Capital updates its float-adjusted indexes as such bonds are taken out of the public supply, and then again when they are sold back.

Bond markets calmed down, money market funds endured

The Fed kept its target for the federal funds rate between 0% and 0.25% for the entire year.


Market Barometer
			Average Annual Total Returns
			Periods Ended December 31, 2009
	One		Three		Five
	Year		Years		Years
Bonds
Barclays Capital U.S. Aggregate Bond Index (Broad
taxable market)	5.93	%	6.04	%	4.97	%
Barclays Capital Municipal Bond Index	12.91		4.41		4.32
Citigroup Three-Month U.S. Treasury Bill Index	0.16		2.22		2.88

Stocks
Russell 1000 Index (Large-caps)	28.43	%	-5.36	%	0.79	%
Russell 2000 Index (Small-caps)	27.17		-6.07		0.51
Dow Jones U.S. Total Stock Market Index	29.35		-5.01		1.09
MSCI All Country World Index ex USA (International)	42.14		-3.04		6.30

CPI
Consumer Price Index	2.72	%	2.28	%	2.56	%

Impressive stock returns masked lingering uncertainties

For the 12 months, the broad U.S. stock market returned more than 29%, its highest calendar-year return since 2003. The year began with the market searching for a bottom, and it finally hit a low point in early March. From there, stocks mounted one of their strongest rallies ever—in magnitude and duration—resulting in a check mark-shaped stock chart for 2009.

Corporate bonds rallied as confidence returned

In the bond market, as in the stock market, 2009 stood in sharp contrast to 2008. In 2008, investors’ customary desire to earn a return on capital was trumped by a panic to preserve it. Strong demand pushed Treasury yields down (and prices up) to near-record lows, boosting returns to exceptional levels.

But by early 2009, as government rescue programs started to take hold, investors began seeking rewards again, favoring return “on” capital in the form of the higher yields offered by corporate bonds. With the Federal Reserve Board holding short-term interest rates near zero, and investors selling Treasuries, the yield curve steepened. By December, the difference between the yields of 2-year and 10-year Treasury notes approached 3 percentage points, near levels last seen in the 1992 and 2003 economic recoveries. As a result, Treasuries lagged while the riskiest, lowest-quality bonds significantly outperformed. (The government’s sale of a record $2.1 trillion in new securities also pushed down Treasury prices.)

For the fund, these dynamics produced an income return of 4.44% (similar to 4.78% in 2008) and a capital return of 1.62%—up more than a percentage point from 2008.

Treasury and agency bonds represent a substantial portion of the broad U.S. bond market, and can have a significant influence on its return. The Treasury component of the benchmark index finished 2009 in negative territory, pulling down the index’s return. In contrast, in 2008, Treasuries’ double-digit gain helped lift the index into positive territory in an otherwise dismal year.

Corporate bonds—a smaller slice of the fixed income market—experienced a dramatic turnaround. After returning

–4.94% in 2008 (the worst annual return for this component of the benchmark since 1974), corporate bonds enjoyed double-digit gains in 2009. Some of the best performers were bonds of lower credit quality.

In addition to the divergent returns of low- and high-quality bonds, investors’ renewed appetite for risk led to significant differences in bond returns by maturity. In general, intermediate-maturity bonds outperformed those at the short end of the yield curve. Bonds at the long end posted the lowest returns as their yields rose, reflecting investors’ concern about potential inflation down the road.

Close tracking of the index is a hallmark of the fund’s advisor

As a concept, indexing may sound simple: Match the return of a target benchmark. In practice, however, several hurdles must be overcome to accomplish this objective. Cost is the most obvious hurdle, because an index incurs no transaction or other costs. The less obvious challenges test the skill and experience of the advisor, especially since the fund is managed using a sampling strategy (to select about 2,700 of the more than 8,000 bonds in the index).

Vanguard Fixed Income Group has a seasoned team of portfolio managers, traders, risk managers, and credit analysts, supported by state-of-the-art technology. These resources are critical to the day-today management of the fund and to the


Total Returns
Inception Through December 31, 2009
	Average
	Annual Return
Institutional Total Bond Market Index Fund (Returns since inception: 4/26/2002)	5.28	%
Barclays Capital U.S. Aggregate Bond Index	5.37
Spliced Intermediate Investment-Grade Funds Average	4.17
Spliced Intermediate Investment-Grade Funds Average: Derived from data provided by Lipper Inc.

effort to capture the key characteristics—such as credit quality, duration, and yield to maturity—and returns of the benchmark.

From the fund’s inception on April 26, 2002, through December 31, 2009, its average annual return was 5.28%, compared with 5.37% for its benchmark index—enabling your institution to capture the return of the broad U.S. bond market less nominal expenses. And the fund’s performance compared favorably with the 4.17% average annual return of the peer group.

Thank you for entrusting your assets to Vanguard.

Sincerely,

F. William McNabb III

Chairman and Chief Executive Officer

February 8, 2010

Results of Proxy Voting

At a special meeting of shareholders on July 2, 2009, fund shareholders approved the following two proposals:

Proposal 1—Elect trustees for each fund.*


			Percentage
Trustee	For	Withheld	For
John J. Brennan	800,870,883	12,470,067	98.5	%
Charles D. Ellis	789,425,633	23,915,317	97.1	%
Emerson U. Fullwood	804,990,098	8,350,851	99.0	%
Rajiv L. Gupta	802,591,507	10,749,443	98.7	%
Amy Gutmann	805,052,646	8,288,304	99.0	%
JoAnn Heffernan Heisen	802,450,398	10,890,552	98.7	%
F. William McNabb III	803,031,309	10,309,641	98.7	%
André F. Perold	802,741,071	10,599,879	98.7	%
Alfred M. Rankin, Jr.	802,368,637	10,972,313	98.7	%
Peter F. Volanakis	805,004,858	8,336,092	99.0	%
* Results are for all funds within the same trust.

Proposal 2—Update and standardize the funds’ fundamental policies regarding:
(a) Purchasing and selling real estate.
(b) Issuing senior securities.
(c) Borrowing money.
(d) Making loans.
(e) Purchasing and selling commodities.
(f) Concentrating investments in a particular industry or group of industries.
(g) Eliminating outdated fundamental investment policies not required by law.


				Broker	Percentage
Vanguard Fund	For	Abstain	Against	Non-Votes	For
Institutional Total Bond Market Index Fund
2a	87,110,502	367,079	35,009	1	99.5	%
2b	87,110,287	367,523	34,780	0	99.5	%
2c	87,100,394	364,387	47,808	1	99.5	%
2d	87,101,362	363,960	47,267	2	99.5	%
2e	87,101,115	362,885	48,589	1	99.5	%
2f	87,104,593	364,056	43,941	1	99.5	%
2g	87,113,977	368,669	29,944	1	99.5	%

Institutional Total Bond Market Index Fund


Fund Profile
As of December 31, 2009

Financial Attributes
			Barclays
			U.S.
			Aggregate
	Fund		Bond Index
Number of Bonds	2,672		8,413
Average Quality	Aa1	/Aa2	Aa1	/Aa2
Yield to Maturity
(before expenses)	3.6	%	3.7	%
Average Coupon	4.7	%	4.7	%
Average Duration	4.5 years		4.6 years
Average Effective
Maturity	6.6 years		6.8 years
Ticker Symbol	VITBX		—
Expense Ratio¹	0.05	%	—
30-Day SEC Yield	3.47	%	—
Short-Term
Reserves	0.2	%	—

Average quality: Moody’s Investors Service.


Sector Diversification (% of portfolio)
Asset-Backed	0.5	%
Commercial Mortgage-Backed	3.0
Finance	7.2
Foreign	3.9
Government Mortgage-Backed	32.7
Industrial	10.5
Treasury/Agency	39.8
Utilities	2.2
Other	0.2

The agency and mortgage-backed securities sectors may include issues from government-sponsored enterprises; such issues are not backed by the full faith and credit of the U.S. government.


Volatility Measures
	Barclays
	U.S.
	Aggregate
	Bond Index
R-Squared	0.99
Beta	1.01

These measures show the degree and timing of the fund’s fluctuations compared with the index over 36 months.

Distribution by Maturity (% of portfolio)


Under 1 Year	1.8	%
1 - 3 Years	24.3
3 - 5 Years	23.3
5 - 10 Years	38.4
10 - 20 Years	5.7
20 - 30 Years	6.4
Over 30 Years	0.1

Distribution by Credit Quality (% of portfolio)


Aaa	77.3	%
Aa	4.0
A	10.2
Baa	8.5
Ratings: Moody’s Investors Service.

Investment Focus

1 The expense ratio shown is from the prospectus dated April 29, 2009. For the fiscal year ended December 31, 2009, the expense ratio was 0.05%.

Institutional Total Bond Market Index Fund

Performance Summary

Cumulative Performance: April 26, 2002, Through December 31, 2009

Initial Investment of $100,000,000


	Average Annual Total Returns
	Periods Ended December 31, 2009
								Final Value
	One		Five		Since			of a $100,000,000
	Year		Years		Inception			Investment
Institutional Total Bond Market Index
Fund	6.06	%	4.97	%	5.28	%	$	148,521,633
Barclays Capital U.S. Aggregate Bond
Index	5.93		4.97		5.37			149,423,575
Spliced Intermediate Investment-Grade
Funds Average	12.49		3.48		4.17			136,903,599

Spliced Intermediate Investment-Grade Funds Average: Derived from data provided by Lipper Inc.

Performance for the fund’s Institutional Shares and comparative standards is calculated since the Institutional Shares’ inception.

See Financial Highlights for dividend and capital gains information.

Institutional Total Bond Market Index Fund


Fiscal-Year Total Returns (%): April 26, 2002, Through December 31, 2009
							Barclays Capital U.S.
							Aggregate Bond
							Index
Fiscal Year	Income Returns		Capital Returns		Total Returns		Total Returns
2002	3.50	%	3.80	%	7.30	%	7.95	%
2003	3.91		0.17		4.08		4.10
2004	4.33		0.03		4.36		4.34
2005	4.40		-1.93		2.47		2.43
2006	5.23		-0.93		4.30		4.33
2007	5.28		1.73		7.01		6.97
2008	4.78		0.27		5.05		5.24
2009	4.44		1.62		6.06		5.93

Institutional Total Bond Market Index Fund

Financial Statements

Statement of Net Assets

As of December 31, 2009

N-Q on the SEC’s website at www.sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).


					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
U.S. Government and Agency Obligations (72.9%)
U.S. Government Securities (33.0%)
United States Treasury Inflation Indexed Bonds	3.500	%	1/15/11		2,250			2,899
United States Treasury Note/Bond	1.250	%	11/30/10		15,375			15,486
United States Treasury Note/Bond	4.375	%	12/15/10		6,195			6,421
United States Treasury Note/Bond	0.875	%	12/31/10		23,770			23,855
United States Treasury Note/Bond	4.250	%	1/15/11		27,000			28,012
United States Treasury Note/Bond	0.875	%	1/31/11		6,800			6,820
United States Treasury Note/Bond	5.000	%	2/15/11		1,350			1,415
United States Treasury Note/Bond	0.875	%	2/28/11		31,805			31,879
United States Treasury Note/Bond	0.875	%	3/31/11		9,475			9,491
United States Treasury Note/Bond	4.875	%	4/30/11		4,675			4,923
United States Treasury Note/Bond	0.875	%	5/31/11		1,470			1,472
United States Treasury Note/Bond	1.125	%	6/30/11		24,425			24,520
United States Treasury Note/Bond	1.000	%	7/31/11		18,225			18,251
United States Treasury Note/Bond	4.875	%	7/31/11		1,225			1,301
United States Treasury Note/Bond	1.000	%	8/31/11		13,697			13,701
United States Treasury Note/Bond	1.000	%	9/30/11		1,100			1,099
United States Treasury Note/Bond	4.500	%	9/30/11		732			776
United States Treasury Note/Bond	1.000	%	10/31/11		24,975			24,952
United States Treasury Note/Bond	1.750	%	11/15/11		9,615			9,737
United States Treasury Note/Bond	0.750	%	11/30/11		37,925			37,676
United States Treasury Note/Bond	4.500	%	11/30/11		2,975			3,167
United States Treasury Note/Bond	1.125	%	12/15/11		50			50
United States Treasury Note/Bond	4.625	%	12/31/11		1,750			1,870
United States Treasury Note/Bond	1.125	%	1/15/12		2,745			2,742
United States Treasury Note/Bond	4.750	%	1/31/12		1,750			1,878
United States Treasury Note/Bond	4.500	%	3/31/12		26,000			27,828
United States Treasury Note/Bond	1.375	%	4/15/12		7,050			7,058
United States Treasury Note/Bond	4.500	%	4/30/12		1,600			1,715
United States Treasury Note/Bond	1.375	%	5/15/12		38,400			38,406
United States Treasury Note/Bond	4.750	%	5/31/12		12,775			13,797
United States Treasury Note/Bond	1.875	%	6/15/12		10,750			10,868
United States Treasury Note/Bond	4.875	%	6/30/12		150			163
United States Treasury Note/Bond	1.500	%	7/15/12		3,000			3,005
United States Treasury Note/Bond	4.625	%	7/31/12		76,000			82,092
United States Treasury Note/Bond	1.750	%	8/15/12		39,735			39,996
United States Treasury Note/Bond	4.375	%	8/15/12		40			43
United States Treasury Note/Bond	1.375	%	9/15/12		6,850			6,820
United States Treasury Note/Bond	4.250	%	9/30/12		600			644


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
United States Treasury Note/Bond	1.375	%	10/15/12		11,450			11,389
United States Treasury Note/Bond	1.375	%	11/15/12		27,750			27,559
United States Treasury Note/Bond	4.000	%	11/15/12		50			53
United States Treasury Note/Bond	3.375	%	11/30/12		1,250			1,313
United States Treasury Note/Bond	1.125	%	12/15/12		37,575			36,982
United States Treasury Note/Bond	3.875	%	2/15/13		18,275			19,469
United States Treasury Note/Bond	3.500	%	5/31/13		10,800			11,384
United States Treasury Note/Bond	3.375	%	7/31/13		1,250			1,312
United States Treasury Note/Bond	3.125	%	8/31/13		16,725			17,386
United States Treasury Note/Bond	3.125	%	9/30/13		9,775			10,161
United States Treasury Note/Bond	2.750	%	10/31/13		36,845			37,743
United States Treasury Note/Bond	4.250	%	11/15/13		1,850			1,999
United States Treasury Note/Bond	2.000	%	11/30/13		350			348
United States Treasury Note/Bond	1.500	%	12/31/13		150			146
United States Treasury Note/Bond	1.750	%	1/31/14		1,300			1,276
United States Treasury Note/Bond	4.000	%	2/15/14		1,025			1,096
United States Treasury Note/Bond	1.875	%	2/28/14		10,475			10,305
United States Treasury Note/Bond	1.750	%	3/31/14		7,875			7,689
United States Treasury Note/Bond	1.875	%	4/30/14		11,875			11,632
United States Treasury Note/Bond	4.750	%	5/15/14		1,825			2,009
United States Treasury Note/Bond	2.625	%	7/31/14		30,265			30,426
United States Treasury Note/Bond	2.375	%	8/31/14		15,350			15,240
United States Treasury Note/Bond	2.375	%	9/30/14		26,325			26,107
United States Treasury Note/Bond	2.375	%	10/31/14		1,225			1,212
United States Treasury Note/Bond	2.125	%	11/30/14		21,350			20,853
United States Treasury Note/Bond	2.625	%	12/31/14		30,200			30,047
United States Treasury Note/Bond	4.000	%	2/15/15		365			388
United States Treasury Note/Bond	4.125	%	5/15/15		14,775			15,756
United States Treasury Note/Bond	10.625	%	8/15/15		160			225
United States Treasury Note/Bond	4.500	%	11/15/15		2,600			2,816
United States Treasury Note/Bond	9.875	%	11/15/15		6,675			9,172
United States Treasury Note/Bond	9.250	%	2/15/16		85			114
United States Treasury Note/Bond	2.625	%	2/29/16		25,450			24,766
United States Treasury Note/Bond	2.375	%	3/31/16		14,950			14,305
United States Treasury Note/Bond	2.625	%	4/30/16		3,775			3,659
United States Treasury Note/Bond	5.125	%	5/15/16		28,425			31,703
United States Treasury Note/Bond	3.250	%	5/31/16		2,925			2,938
United States Treasury Note/Bond	4.875	%	8/15/16		6,350			6,984
United States Treasury Note/Bond	3.000	%	9/30/16		9,950			9,768
United States Treasury Note/Bond	3.125	%	10/31/16		825			815
United States Treasury Note/Bond	7.500	%	11/15/16		675			851
United States Treasury Note/Bond	2.750	%	11/30/16		2,850			2,744
United States Treasury Note/Bond	4.625	%	2/15/17		50			54
United States Treasury Note/Bond	4.500	%	5/15/17		150			160
United States Treasury Note/Bond	8.750	%	5/15/17		9,725			13,151
United States Treasury Note/Bond	4.750	%	8/15/17		400			434
United States Treasury Note/Bond	8.875	%	8/15/17		17,530			23,904
United States Treasury Note/Bond	4.250	%	11/15/17		5,800			6,082
United States Treasury Note/Bond	3.500	%	2/15/18		19,350			19,199
United States Treasury Note/Bond	3.875	%	5/15/18		53,600			54,446
United States Treasury Note/Bond	9.125	%	5/15/18		425			597
United States Treasury Note/Bond	4.000	%	8/15/18		54,675			55,863
United States Treasury Note/Bond	9.000	%	11/15/18		25			35
United States Treasury Note/Bond	8.875	%	2/15/19		4,575			6,392
United States Treasury Note/Bond	3.625	%	8/15/19		2,625			2,582
United States Treasury Note/Bond	8.125	%	8/15/19		30			40


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
United States Treasury Note/Bond	3.375	%	11/15/19		34,225			32,936
United States Treasury Note/Bond	8.750	%	8/15/20		14,015			19,831
United States Treasury Note/Bond	7.875	%	2/15/21		9,155			12,311
United States Treasury Note/Bond	8.125	%	5/15/21		35			48
United States Treasury Note/Bond	8.125	%	8/15/21		5,550			7,615
United States Treasury Note/Bond	8.000	%	11/15/21		580			790
United States Treasury Note/Bond	7.250	%	8/15/22		2,545			3,299
United States Treasury Note/Bond	7.625	%	11/15/22		95			127
United States Treasury Note/Bond	7.125	%	2/15/23		1,550			1,989
United States Treasury Note/Bond	6.250	%	8/15/23		32,045			38,289
United States Treasury Note/Bond	6.875	%	8/15/25		1,625			2,063
United States Treasury Note/Bond	6.750	%	8/15/26		155			196
United States Treasury Note/Bond	6.500	%	11/15/26		25			31
United States Treasury Note/Bond	6.625	%	2/15/27		10,405			12,998
United States Treasury Note/Bond	6.375	%	8/15/27		2,000			2,443
United States Treasury Note/Bond	5.500	%	8/15/28		8,700			9,699
United States Treasury Note/Bond	5.250	%	11/15/28		275			298
United States Treasury Note/Bond	5.250	%	2/15/29		225			244
United States Treasury Note/Bond	6.125	%	8/15/29		4,685			5,627
United States Treasury Note/Bond	6.250	%	5/15/30		2,155			2,634
United States Treasury Note/Bond	5.375	%	2/15/31		160			177
United States Treasury Note/Bond	4.500	%	2/15/36		8,500			8,378
United States Treasury Note/Bond	4.750	%	2/15/37		23,175			23,700
United States Treasury Note/Bond	5.000	%	5/15/37		1,655			1,759
United States Treasury Note/Bond	4.375	%	2/15/38		7,850			7,542
United States Treasury Note/Bond	4.250	%	5/15/39		12,350			11,594
United States Treasury Note/Bond	4.500	%	8/15/39		9,320			9,117
								1,367,642
Agency Bonds and Notes (7.2%)
1 American Express Bank FSB	3.150	%	12/9/11		975			1,009
1 Bank of America Corp.	2.100	%	4/30/12		3,050			3,085
1 Bank of America Corp.	3.125	%	6/15/12		1,500			1,557
1 Bank of America Corp.	2.375	%	6/22/12		225			229
1 Bank of America NA	1.700	%	12/23/10		750			757
1 Bank of the West	2.150	%	3/27/12		675			684
1 Citibank NA	1.625	%	3/30/11		550			555
1 Citibank NA	1.500	%	7/12/11		600			603
1 Citibank NA	1.375	%	8/10/11		550			552
1 Citibank NA	1.250	%	9/22/11		300			300
1 Citibank NA	1.875	%	5/7/12		1,225			1,234
1 Citibank NA	1.750	%	12/28/12		1,200			1,193
1 Citigroup Funding Inc.	1.375	%	5/5/11		1,925			1,936
1 Citigroup Funding Inc.	2.000	%	3/30/12		550			555
1 Citigroup Funding Inc.	2.125	%	7/12/12		725			732
1 Citigroup Funding Inc.	1.875	%	10/22/12		1,019			1,017
1 Citigroup Funding Inc.	2.250	%	12/10/12		275			277
1 Citigroup Inc.	2.875	%	12/9/11		1,150			1,183
1 Citigroup Inc.	2.125	%	4/30/12		2,650			2,683
Egypt Government AID Bonds	4.450	%	9/15/15		350			365
2 Federal Farm Credit Bank	2.625	%	4/21/11		850			870
2 Federal Farm Credit Bank	5.375	%	7/18/11		1,125			1,198
2 Federal Farm Credit Bank	3.875	%	8/25/11		825			862
2 Federal Farm Credit Bank	2.000	%	1/17/12		1,325			1,342
2 Federal Farm Credit Bank	2.250	%	4/24/12		375			381
2 Federal Farm Credit Bank	2.125	%	6/18/12		850			861
2 Federal Farm Credit Bank	4.500	%	10/17/12		1,325			1,419


Institutional Total Bond Market Index Fund



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
2	Federal Farm Credit Bank	1.875	%	12/7/12		525			523
2	Federal Farm Credit Bank	3.875	%	10/7/13		575			605
2	Federal Farm Credit Bank	2.625	%	4/17/14		1,225			1,222
2	Federal Farm Credit Bank	3.000	%	9/22/14		650			655
2	Federal Farm Credit Bank	4.875	%	12/16/15		350			375
2	Federal Farm Credit Bank	5.125	%	8/25/16		975			1,056
2	Federal Farm Credit Bank	4.875	%	1/17/17		500			532
2	Federal Home Loan Bank of Chicago	5.625	%	6/13/16		150			151
2	Federal Home Loan Banks	2.625	%	3/11/11		4,375			4,467
2	Federal Home Loan Banks	1.625	%	3/16/11		1,050			1,061
2	Federal Home Loan Banks	1.375	%	5/16/11		875			881
2	Federal Home Loan Banks	3.125	%	6/10/11		1,200			1,235
2	Federal Home Loan Banks	1.625	%	7/27/11		575			581
2	Federal Home Loan Banks	5.375	%	8/19/11		9,900			10,591
2	Federal Home Loan Banks	3.750	%	9/9/11		300			313
2	Federal Home Loan Banks	3.625	%	9/16/11		600			626
2	Federal Home Loan Banks	1.000	%	12/28/11		200			199
2	Federal Home Loan Banks	1.875	%	6/20/12		825			832
2	Federal Home Loan Banks	1.750	%	8/22/12		700			701
2	Federal Home Loan Banks	1.625	%	9/26/12		2,500			2,490
2,3	Federal Home Loan Banks	2.000	%	10/5/12		1,240			1,238
2,3	Federal Home Loan Banks	2.000	%	11/9/12		475			473
2	Federal Home Loan Banks	1.750	%	12/14/12		1,000			993
2	Federal Home Loan Banks	1.500	%	1/16/13		1,150			1,135
2	Federal Home Loan Banks	3.375	%	2/27/13		325			339
2	Federal Home Loan Banks	3.625	%	5/29/13		150			157
2	Federal Home Loan Banks	5.375	%	6/14/13		425			469
2	Federal Home Loan Banks	5.125	%	8/14/13		1,625			1,788
2	Federal Home Loan Banks	4.000	%	9/6/13		900			955
2	Federal Home Loan Banks	5.250	%	9/13/13		2,075			2,283
2	Federal Home Loan Banks	4.500	%	9/16/13		1,500			1,617
2	Federal Home Loan Banks	3.625	%	10/18/13		1,275			1,336
2	Federal Home Loan Banks	4.875	%	11/27/13		925			1,012
2	Federal Home Loan Banks	5.500	%	8/13/14		2,925			3,278
2	Federal Home Loan Banks	5.375	%	5/18/16		5,950			6,591
2	Federal Home Loan Banks	5.125	%	10/19/16		300			326
2	Federal Home Loan Banks	4.750	%	12/16/16		950			1,016
2	Federal Home Loan Banks	4.875	%	5/17/17		300			322
2	Federal Home Loan Banks	5.000	%	11/17/17		575			620
2	Federal Home Loan Banks	5.250	%	12/11/20		1,175			1,255
2	Federal Home Loan Banks	5.625	%	6/11/21		75			82
2	Federal Home Loan Banks	5.500	%	7/15/36		1,325			1,360
2	Federal Home Loan Mortgage Corp.	4.125	%	7/12/10		900			918
2	Federal Home Loan Mortgage Corp.	4.750	%	1/18/11		1,475			1,534
2	Federal Home Loan Mortgage Corp.	3.250	%	2/25/11		1,075			1,106
2	Federal Home Loan Mortgage Corp.	1.625	%	4/26/11		1,425			1,440
2	Federal Home Loan Mortgage Corp.	6.000	%	6/15/11		4,970			5,334
2	Federal Home Loan Mortgage Corp.	3.875	%	6/29/11		160			167
2	Federal Home Loan Mortgage Corp.	5.250	%	7/18/11		5,700			6,070
2	Federal Home Loan Mortgage Corp.	5.750	%	1/15/12		5,700			6,211
2	Federal Home Loan Mortgage Corp.	2.125	%	3/23/12		1,775			1,804
2	Federal Home Loan Mortgage Corp.	1.750	%	6/15/12		1,725			1,736
2	Federal Home Loan Mortgage Corp.	5.500	%	8/20/12		2,200			2,415
2	Federal Home Loan Mortgage Corp.	2.125	%	9/21/12		575			581
2	Federal Home Loan Mortgage Corp.	4.625	%	10/25/12		1,525			1,642
2	Federal Home Loan Mortgage Corp.	4.125	%	12/21/12		1,075			1,142


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
2 Federal Home Loan Mortgage Corp.	4.500	%	1/15/13		425			457
2 Federal Home Loan Mortgage Corp.	3.750	%	6/28/13		3,900			4,110
2 Federal Home Loan Mortgage Corp.	4.500	%	7/15/13		425			459
2 Federal Home Loan Mortgage Corp.	4.125	%	9/27/13		400			426
2 Federal Home Loan Mortgage Corp.	4.875	%	11/15/13		4,550			4,976
2 Federal Home Loan Mortgage Corp.	4.500	%	1/15/14		1,275			1,374
2 Federal Home Loan Mortgage Corp.	2.500	%	4/23/14		4,975			4,958
2 Federal Home Loan Mortgage Corp.	5.000	%	7/15/14		2,975			3,266
2 Federal Home Loan Mortgage Corp.	3.000	%	7/28/14		8,200			8,299
2 Federal Home Loan Mortgage Corp.	4.500	%	1/15/15		2,700			2,901
2 Federal Home Loan Mortgage Corp.	5.050	%	1/26/15		600			657
2 Federal Home Loan Mortgage Corp.	5.250	%	4/18/16		550			607
2 Federal Home Loan Mortgage Corp.	5.500	%	7/18/16		325			363
2 Federal Home Loan Mortgage Corp.	5.125	%	10/18/16		875			957
2 Federal Home Loan Mortgage Corp.	5.000	%	2/16/17		4,375			4,749
2 Federal Home Loan Mortgage Corp.	5.000	%	4/18/17		2,200			2,386
2 Federal Home Loan Mortgage Corp.	5.500	%	8/23/17		2,200			2,454
2 Federal Home Loan Mortgage Corp.	4.875	%	6/13/18		1,350			1,445
2 Federal Home Loan Mortgage Corp.	3.750	%	3/27/19		850			833
2 Federal Home Loan Mortgage Corp.	6.750	%	9/15/29		425			511
2 Federal Home Loan Mortgage Corp.	6.750	%	3/15/31		2,214			2,712
2 Federal Home Loan Mortgage Corp.	6.250	%	7/15/32		52			61
2 Federal National Mortgage Assn.	6.250	%	2/1/11		210			220
2 Federal National Mortgage Assn.	1.750	%	3/23/11		1,225			1,238
2 Federal National Mortgage Assn.	2.750	%	4/11/11		9,650			9,878
2 Federal National Mortgage Assn.	5.125	%	4/15/11		1,425			1,502
2 Federal National Mortgage Assn.	1.375	%	4/28/11		1,850			1,863
2 Federal National Mortgage Assn.	6.000	%	5/15/11		2,200			2,352
2 Federal National Mortgage Assn.	5.000	%	10/15/11		825			881
2 Federal National Mortgage Assn.	1.000	%	11/23/11		325			324
2 Federal National Mortgage Assn.	2.000	%	1/9/12		3,500			3,552
2 Federal National Mortgage Assn.	0.875	%	1/12/12		1,500			1,490
2 Federal National Mortgage Assn.	1.875	%	4/20/12		12,475			12,596
2 Federal National Mortgage Assn.	4.875	%	5/18/12		8,320			8,973
2 Federal National Mortgage Assn.	5.250	%	8/1/12		315			337
2 Federal National Mortgage Assn.	1.750	%	8/10/12		1,100			1,102
2 Federal National Mortgage Assn.	4.375	%	9/15/12		475			508
2 Federal National Mortgage Assn.	3.625	%	2/12/13		1,075			1,128
2 Federal National Mortgage Assn.	4.750	%	2/21/13		450			486
2 Federal National Mortgage Assn.	4.375	%	3/15/13		625			671
2 Federal National Mortgage Assn.	4.625	%	5/1/13		1,950			2,050
2 Federal National Mortgage Assn.	3.875	%	7/12/13		4,700			4,969
2 Federal National Mortgage Assn.	4.625	%	10/15/13		4,700			5,094
2 Federal National Mortgage Assn.	2.875	%	12/11/13		1,850			1,887
2 Federal National Mortgage Assn.	5.125	%	1/2/14		225			237
2 Federal National Mortgage Assn.	2.750	%	2/5/14		1,150			1,160
2 Federal National Mortgage Assn.	2.750	%	3/13/14		1,425			1,436
2 Federal National Mortgage Assn.	2.500	%	5/15/14		3,000			2,987
2 Federal National Mortgage Assn.	3.000	%	9/16/14		1,000			1,011
2 Federal National Mortgage Assn.	2.625	%	11/20/14		875			866
2 Federal National Mortgage Assn.	5.000	%	4/15/15		875			960
2 Federal National Mortgage Assn.	5.250	%	9/15/16		2,975			3,277
2 Federal National Mortgage Assn.	4.875	%	12/15/16		2,075			2,241
2 Federal National Mortgage Assn.	5.000	%	2/13/17		6,450			6,997
2 Federal National Mortgage Assn.	5.375	%	6/12/17		2,200			2,434
2 Federal National Mortgage Assn.	6.250	%	5/15/29		50			58


Institutional Total Bond Market Index Fund



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
2	Federal National Mortgage Assn.	7.125	%	1/15/30		925			1,170
2	Federal National Mortgage Assn.	7.250	%	5/15/30		3,825			4,902
2	Federal National Mortgage Assn.	5.625	%	7/15/37		350			369
2	Financing Corp. Fico	9.800	%	4/6/18		425			581
2	Financing Corp. Fico	9.650	%	11/2/18		525			735
1	General Electric Capital Corp.	1.625	%	1/7/11		1,325			1,337
1	General Electric Capital Corp.	3.000	%	12/9/11		2,525			2,604
1	General Electric Capital Corp.	2.250	%	3/12/12		2,700			2,745
1	General Electric Capital Corp.	2.200	%	6/8/12		1,950			1,976
1	General Electric Capital Corp.	2.125	%	12/21/12		825			829
1	General Electric Capital Corp.	2.625	%	12/28/12		775			790
1	Goldman Sachs Group Inc.	1.700	%	3/15/11		450			455
1	Goldman Sachs Group Inc.	1.625	%	7/15/11		650			656
1	Goldman Sachs Group Inc.	2.150	%	3/15/12		425			431
1	Goldman Sachs Group Inc.	3.250	%	6/15/12		1,425			1,482
1	HSBC USA Inc.	3.125	%	12/16/11		850			880
	Israel Government AID Bond	5.500	%	9/18/23		200			213
	Israel Government AID Bond	5.500	%	12/4/23		150			159
	Israel Government AID Bond	5.500	%	4/26/24		1,000			1,062
1	JPMorgan Chase & Co.	1.650	%	2/23/11		1,175			1,188
1	JPMorgan Chase & Co.	3.125	%	12/1/11		375			388
1	JPMorgan Chase & Co.	2.200	%	6/15/12		1,150			1,167
1	JPMorgan Chase & Co.	2.125	%	6/22/12		800			812
1	JPMorgan Chase & Co.	2.125	%	12/26/12		2,200			2,213
1	Morgan Stanley	2.900	%	12/1/10		675			689
1	Morgan Stanley	3.250	%	12/1/11		1,850			1,919
1	Morgan Stanley	1.950	%	6/20/12		1,550			1,564
1	PNC Funding Corp.	2.300	%	6/22/12		1,025			1,042
	Private Export Funding Corp.	3.050	%	10/15/14		600			596
	Private Export Funding Corp.	4.375	%	3/15/19		375			370
	Private Export Funding Corp.	4.300	%	12/15/21		150			141
1	Regions Bank	3.250	%	12/9/11		1,150			1,192
1	Sovereign Bank	2.750	%	1/17/12		375			385
2	Tennessee Valley Authority	5.625	%	1/18/11		1,750			1,840
2	Tennessee Valley Authority	5.500	%	7/18/17		1,625			1,786
2	Tennessee Valley Authority	4.500	%	4/1/18		375			385
2	Tennessee Valley Authority	6.750	%	11/1/25		100			115
2	Tennessee Valley Authority	7.125	%	5/1/30		1,475			1,810
2	Tennessee Valley Authority	4.650	%	6/15/35		375			332
2	Tennessee Valley Authority	5.500	%	6/15/38		150			149
2	Tennessee Valley Authority	5.250	%	9/15/39		300			295
2	Tennessee Valley Authority	4.875	%	1/15/48		125			112
2	Tennessee Valley Authority	5.375	%	4/1/56		675			666
1	US Central Federal Credit Union	1.900	%	10/19/12		525			525
1	Wells Fargo & Co.	3.000	%	12/9/11		1,750			1,804
1	Wells Fargo & Co.	2.125	%	6/15/12		775			786
1	Western Corporate Federal Credit Union	1.750	%	11/2/12		250			249
									300,902
Conventional Mortgage-Backed Securities (31.1%)
2,3	Fannie Mae Pool	4.000	%	9/1/10–1/1/40		35,901			35,762
2,3	Fannie Mae Pool	4.500	%	6/1/10–1/1/40		83,701			85,467
2,3	Fannie Mae Pool	5.000	%	4/1/10–1/1/40		149,671			154,984
2,3	Fannie Mae Pool	5.500	%	11/1/16–1/1/40		173,513			182,566
2,3	Fannie Mae Pool	6.000	%	11/1/13–1/1/40		131,528			140,074
2,3	Fannie Mae Pool	6.500	%	1/1/12–1/1/39		36,735			39,472
2,3	Fannie Mae Pool	7.000	%	7/1/14–11/1/38		12,066			13,248


Institutional Total Bond Market Index Fu nd



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
2,3	Fannie Mae Pool	7.500	%	11/1/11–4/1/32		687			759
2,3	Fannie Mae Pool	8.000	%	12/1/29–6/1/31		116			127
2,3	Fannie Mae Pool	8.500	%	4/1/30–4/1/31		46			52
2,3	Fannie Mae Pool	9.000	%	8/1/30		2			3
2,3	Fannie Mae Pool	9.500	%	11/1/25		5			5
2,3	Freddie Mac Gold Pool	4.000	%	7/1/10–1/1/40		21,775			21,776
2,3	Freddie Mac Gold Pool	4.500	%	7/1/10–1/1/40		61,606			62,885
2,3	Freddie Mac Gold Pool	5.000	%	10/1/11–1/1/40		105,128			108,687
2,3	Freddie Mac Gold Pool	5.500	%	12/1/13–1/1/40		117,350			123,410
2,3	Freddie Mac Gold Pool	6.000	%	4/1/13–1/1/40		71,372			76,042
2,3	Freddie Mac Gold Pool	6.500	%	1/1/13–2/1/39		24,257			26,162
2,3	Freddie Mac Gold Pool	7.000	%	2/1/11–2/1/37		5,175			5,644
2,3	Freddie Mac Gold Pool	7.500	%	10/1/12–2/1/32		225			246
2,3	Freddie Mac Gold Pool	8.000	%	6/1/12–11/1/31		199			218
2,3	Freddie Mac Gold Pool	8.500	%	6/1/25–5/1/30		127			140
2,3	Freddie Mac Gold Pool	9.000	%	2/1/25–9/1/30		7			8
3	Ginnie Mae I Pool	4.000	%	9/15/18–8/15/39		4,124			3,992
3	Ginnie Mae I Pool	4.500	%	8/15/18 –1/1/40		36,910			36,961
3	Ginnie Mae I Pool	5.000	%	1/15/18 –1/1/40		35,912			37,030
3	Ginnie Mae I Pool	5.500	%	2/15/17–1/1/40		45,927			48,238
3	Ginnie Mae I Pool	6.000	%	5/15/14–11/15/38		16,106			17,101
3	Ginnie Mae I Pool	6.500	%	5/15/13–12/15/38		7,614			8,168
3	Ginnie Mae I Pool	7.000	%	10/15/10–9/15/36		1,998			2,195
3	Ginnie Mae I Pool	7.500	%	5/15/23–10/15/31		301			332
3	Ginnie Mae I Pool	8.000	%	7/15/25 –11/15/30		297			328
3	Ginnie Mae I Pool	8.500	%	12/15/24–7/15/30		18			20
3	Ginnie Mae I Pool	9.000	%	5/15/25–8/15/30		10			11
3	Ginnie Mae I Pool	9.500	%	11/15/17		7			7
3	Ginnie Mae II Pool	4.500	%	11/20/35–12/20/39		3,108			3,115
3	Ginnie Mae II Pool	5.000	%	12/20/32–1/1/40		13,378			13,770
3	Ginnie Mae II Pool	5.500	%	12/20/34–11/20/38		13,985			14,684
3	Ginnie Mae II Pool	6.000	%	3/20/31–1/20/39		18,394			19,479
3	Ginnie Mae II Pool	6.500	%	6/20/35–11/20/37		5,683			6,064
3	Ginnie Mae II Pool	7.000	%	8/20/36–4/20/38		160			176
									1,289,408
Nonconventional Mortgage-Backed Securities (1.6%)
2,3	Fannie Mae Pool	2.701	%	12/1/34		532			540
2,3	Fannie Mae Pool	2.799	%	10/1/34		725			742
2,3	Fannie Mae Pool	2.808	%	11/1/34		228			231
2,3	Fannie Mae Pool	3.126	%	9/1/34		204			209
2,3	Fannie Mae Pool	3.973	%	7/1/35		1,460			1,504
2,3	Fannie Mae Pool	4.132	%	5/1/34		465			482
2,3	Fannie Mae Pool	4.413	%	8/1/35		1,119			1,156
2,3	Fannie Mae Pool	4.421	%	7/1/35		194			201
2,3	Fannie Mae Pool	4.485	%	4/1/37		493			513
2,3	Fannie Mae Pool	4.498	%	1/1/35		367			375
2,3	Fannie Mae Pool	4.505	%	10/1/36		1,060			1,097
2,3	Fannie Mae Pool	4.508	%	4/1/36		992			1,024
2,3	Fannie Mae Pool	4.549	%	11/1/34		1,415			1,473
2,3	Fannie Mae Pool	4.605	%	12/1/35		500			521
2,3	Fannie Mae Pool	4.610	%	8/1/35		570			593
2,3	Fannie Mae Pool	4.613	%	11/1/33		182			189
2,3	Fannie Mae Pool	4.629	%	9/1/34		304			316
2,3	Fannie Mae Pool	4.721	%	8/1/35		350			366
2,3	Fannie Mae Pool	4.766	%	5/1/35		852			883


Institutional Total Bond Market Index Fu nd



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
2,3	Fannie Mae Pool	4.784	%	6/1/34		515			536
2,3	Fannie Mae Pool	4.852	%	9/1/35		705			738
2,3	Fannie Mae Pool	4.866	%	7/1/35		793			819
2,3	Fannie Mae Pool	4.959	%	7/1/35		373			388
2,3	Fannie Mae Pool	4.966	%	10/1/35		1,060			1,107
2,3	Fannie Mae Pool	4.992	%	11/1/33		171			180
2,3	Fannie Mae Pool	5.015	%	12/1/33		240			252
2,3	Fannie Mae Pool	5.035	%	2/1/36		182			189
2,3	Fannie Mae Pool	5.039	%	11/1/35		1,354			1,409
2,3	Fannie Mae Pool	5.062	%	8/1/37		2,234			2,338
2,3	Fannie Mae Pool	5.075	%	12/1/35		975			1,023
2,3	Fannie Mae Pool	5.109	%	1/1/36		554			579
2,3	Fannie Mae Pool	5.128	%	12/1/35		985			1,031
2,3	Fannie Mae Pool	5.186	%	3/1/37		686			718
2,3	Fannie Mae Pool	5.204	%	8/1/38		45			47
2,3	Fannie Mae Pool	5.301	%	7/1/38		125			130
2,3	Fannie Mae Pool	5.347	%	12/1/35		714			746
2,3	Fannie Mae Pool	5.450	%	2/1/36		864			903
2,3	Fannie Mae Pool	5.495	%	5/1/37		528			543
2,3	Fannie Mae Pool	5.547	%	1/1/37		776			817
2,3	Fannie Mae Pool	5.617	%	7/1/36		367			383
2,3	Fannie Mae Pool	5.645	%	3/1/37		641			675
2,3	Fannie Mae Pool	5.665	%	6/1/36		248			262
2,3	Fannie Mae Pool	5.675	%	3/1/37		1,059			1,117
2,3	Fannie Mae Pool	5.676	%	2/1/37		446			468
2,3	Fannie Mae Pool	5.729	%	3/1/37		3,112			3,287
2,3	Fannie Mae Pool	5.756	%	1/1/36		435			461
2,3	Fannie Mae Pool	5.756	%	4/1/37		3,655			3,836
2,3	Fannie Mae Pool	5.764	%	4/1/36		843			890
2,3	Fannie Mae Pool	5.793	%	4/1/37		1,063			1,121
2,3	Fannie Mae Pool	5.838	%	9/1/36		328			344
2,3	Fannie Mae Pool	5.893	%	11/1/36		546			578
2,3	Fannie Mae Pool	6.045	%	6/1/36		74			78
2,3	Fannie Mae Pool	6.062	%	8/1/37		360			376
2,3	Fannie Mae Pool	6.499	%	9/1/37		492			522
2,3	Freddie Mac Non Gold Pool	2.691	%	12/1/34		337			342
2,3	Freddie Mac Non Gold Pool	3.072	%	9/1/34		201			207
2,3	Freddie Mac Non Gold Pool	3.160	%	12/1/34		393			406
2,3	Freddie Mac Non Gold Pool	3.448	%	12/1/36		237			244
2,3	Freddie Mac Non Gold Pool	4.358	%	1/1/35		33			34
2,3	Freddie Mac Non Gold Pool	4.590	%	4/1/35		763			784
2,3	Freddie Mac Non Gold Pool	4.594	%	11/1/34		659			685
2,3	Freddie Mac Non Gold Pool	4.660	%	7/1/35		296			306
2,3	Freddie Mac Non Gold Pool	4.688	%	12/1/35		838			875
2,3	Freddie Mac Non Gold Pool	4.693	%	6/1/37		941			974
2,3	Freddie Mac Non Gold Pool	4.738	%	3/1/36		362			374
2,3	Freddie Mac Non Gold Pool	4.766	%	1/1/37		442			461
2,3	Freddie Mac Non Gold Pool	4.789	%	7/1/35		1,271			1,316
2,3	Freddie Mac Non Gold Pool	5.024	%	5/1/35		415			432
2,3	Freddie Mac Non Gold Pool	5.260	%	3/1/37		373			382
2,3	Freddie Mac Non Gold Pool	5.287	%	3/1/36		849			888
2,3	Freddie Mac Non Gold Pool	5.329	%	12/1/35		833			873
2,3	Freddie Mac Non Gold Pool	5.428	%	3/1/37		468			491
2,3	Freddie Mac Non Gold Pool	5.435	%	4/1/37		1,095			1,151
2,3	Freddie Mac Non Gold Pool	5.502	%	2/1/36		344			359
2,3	Freddie Mac Non Gold Pool	5.568	%	5/1/36		1,069			1,117


Institutional Total Bond Market Index Fu nd



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
2,3	Freddie Mac Non Gold Pool	5.582	%	4/1/37		853			894
2,3	Freddie Mac Non Gold Pool	5.656	%	12/1/36		790			832
2,3	Freddie Mac Non Gold Pool	5.711	%	11/1/36		330			346
2,3	Freddie Mac Non Gold Pool	5.714	%	9/1/36		1,710			1,804
2,3	Freddie Mac Non Gold Pool	5.749	%	4/1/37		1,632			1,701
2,3	Freddie Mac Non Gold Pool	5.770	%	5/1/36		433			454
2,3	Freddie Mac Non Gold Pool	5.772	%	3/1/37		366			387
2,3	Freddie Mac Non Gold Pool	5.796	%	6/1/37		596			630
2,3	Freddie Mac Non Gold Pool	5.797	%	3/1/37		259			272
2,3	Freddie Mac Non Gold Pool	5.878	%	12/1/36		733			776
2,3	Freddie Mac Non Gold Pool	5.892	%	5/1/37		1,395			1,472
2,3	Freddie Mac Non Gold Pool	5.973	%	10/1/37		394			418
2,3	Freddie Mac Non Gold Pool	6.064	%	8/1/37		524			554
2,3	Freddie Mac Non Gold Pool	6.105	%	8/1/37		291			308
2,3	Freddie Mac Non Gold Pool	6.480	%	2/1/37		1,036			1,106
									65,961
Total U.S. Government and Agency Obligations (Cost $2,976,637)									3,023,913
Asset-Backed/Commercial Mortgage-Backed Securities (3.5%)
3	Banc of America Commercial Mortgage Inc.	6.503	%	4/15/36		1,236			1,278
3	Banc of America Commercial Mortgage Inc.	4.050	%	11/10/38		214			213
3	Banc of America Commercial Mortgage Inc.	4.153	%	11/10/38		300			294
3	Banc of America Commercial Mortgage Inc.	4.877	%	7/10/42		1,045			996
3	Banc of America Commercial Mortgage Inc.	4.727	%	7/10/43		500			417
3	Banc of America Commercial Mortgage Inc.	5.372	%	9/10/45		1,585			1,497
3,4	Banc of America Commercial Mortgage Inc.	5.421	%	9/10/45		25			19
3	Banc of America Commercial Mortgage Inc.	5.115	%	10/10/45		875			844
3,4	Banc of America Commercial Mortgage Inc.	5.120	%	10/10/45		875			856
3,4	Banc of America Commercial Mortgage Inc.	5.176	%	10/10/45		40			33
3	Banc of America Commercial Mortgage Inc.	5.634	%	7/10/46		1,275			1,186
3	Banc of America Commercial Mortgage Inc.	5.675	%	7/10/46		250			197
3,4	Banc of America Commercial Mortgage Inc.	5.179	%	9/10/47		100			88
3	Banc of America Commercial Mortgage Inc.	5.414	%	9/10/47		800			745
3	Banc of America Commercial Mortgage Inc.	5.448	%	9/10/47		125			100
3,4	Banc of America Commercial Mortgage Inc.	6.166	%	2/10/51		1,525			1,366
3	Bear Stearns Commercial Mortgage Securities	5.610	%	11/15/33		1,180			1,220
3	Bear Stearns Commercial Mortgage Securities	5.462	%	4/12/38		677			673
3,4	Bear Stearns Commercial Mortgage Securities	5.463	%	4/12/38		250			191
3	Bear Stearns Commercial Mortgage Securities	4.830	%	8/15/38		125			128
3,4	Bear Stearns Commercial Mortgage Securities	5.758	%	9/11/38		300			240
3	Bear Stearns Commercial Mortgage Securities	5.455	%	3/11/39		1,685			1,638
3	Bear Stearns Commercial Mortgage Securities	4.680	%	8/13/39		705			701
3	Bear Stearns Commercial Mortgage Securities	4.740	%	3/13/40		205			211
3	Bear Stearns Commercial Mortgage Securities	5.666	%	6/11/40		2,300			2,319
3	Bear Stearns Commercial Mortgage Securities	5.582	%	9/11/41		170			136
3	Bear Stearns Commercial Mortgage Securities	4.521	%	11/11/41		275			276
3	Bear Stearns Commercial Mortgage Securities	5.742	%	9/11/42		1,250			1,185
3	Bear Stearns Commercial Mortgage Securities	5.793	%	9/11/42		350			333
3	Bear Stearns Commercial Mortgage Securities	5.127	%	10/12/42		575			575
3	Bear Stearns Commercial Mortgage Securities	5.149	%	10/12/42		615			610
3,4	Bear Stearns Commercial Mortgage Securities	5.513	%	1/12/45		220			178
3	Bear Stearns Commercial Mortgage Securities	5.613	%	6/11/50		700			698
3	Bear Stearns Commercial Mortgage Securities	5.694	%	6/11/50		2,725			2,313
3	Bear Stearns Commercial Mortgage Securities	5.700	%	6/11/50		500			427
3,4	Bear Stearns Commercial Mortgage Securities	5.915	%	6/11/50		450			329
3	Capital Auto Receivables Asset Trust	4.680	%	10/15/12		1,150			1,188


Institutional Total Bond Market Index Fu nd



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
3	Capital One Multi-Asset Execution Trust	5.300	%	2/18/14		425			444
3	Capital One Multi-Asset Execution Trust	5.050	%	12/17/18		2,695			2,797
3	Capital One Multi-Asset Execution Trust	5.750	%	7/15/20		200			217
3	CDC Commercial Mortgage Trust	5.676	%	11/15/30		600			618
3	Chase Issuance Trust	4.650	%	12/17/12		575			591
3	Chase Issuance Trust	4.650	%	3/15/15		2,300			2,443
3	Chase Issuance Trust	5.400	%	7/15/15		425			462
3	Citibank Credit Card Issuance Trust	5.450	%	5/10/13		435			458
3	Citibank Credit Card Issuance Trust	4.900	%	6/23/16		850			916
3	Citibank Credit Card Issuance Trust	4.150	%	7/7/17		225			227
3	Citibank Credit Card Issuance Trust	5.650	%	9/20/19		175			189
3	Citigroup Commercial Mortgage Trust	4.623	%	10/15/41		225			225
3	Citigroup Commercial Mortgage Trust	4.830	%	5/15/43		45			39
3,4	Citigroup Commercial Mortgage Trust	5.725	%	3/15/49		950			903
3,4	Citigroup Commercial Mortgage Trust	5.700	%	12/10/49		525			452
3,4	Citigroup Commercial Mortgage Trust	5.700	%	12/10/49		300			202
3,4	Citigroup Commercial Mortgage Trust	6.092	%	12/10/49		100			76
3	Citigroup/Deutsche Bank
	Commercial Mortgage Trust	5.224	%	7/15/44		2,165			2,157
3,4	Citigroup/Deutsche Bank
	Commercial Mortgage Trust	5.224	%	7/15/44		500			433
3	Citigroup/Deutsche Bank
	Commercial Mortgage Trust	5.886	%	11/15/44		1,290			1,138
3	Citigroup/Deutsche Bank
	Commercial Mortgage Trust	5.648	%	10/15/48		500			383
3	Citigroup/Deutsche Bank
	Commercial Mortgage Trust	5.205	%	12/11/49		1,450			1,454
3	Citigroup/Deutsche Bank
	Commercial Mortgage Trust	5.322	%	12/11/49		1,025			878
3,5	Commercial Mortgage Lease-Backed Certificates	6.746	%	6/20/31		293			307
3	Commercial Mortgage Pass Through Certificates	5.116	%	6/10/44		1,151			1,092
3	Commercial Mortgage Pass Through Certificates	5.767	%	6/10/46		1,690			1,664
3	Commercial Mortgage Pass Through Certificates	5.248	%	12/10/46		175			176
3,4	Commercial Mortgage Pass Through Certificates	5.816	%	12/10/49		1,225			1,112
3,4	Countrywide Home Loan
	Mortgage Pass Through Trust	4.065	%	5/25/33		76			65
3,4	Credit Suisse First Boston
	Mortgage Securities Corp.	4.750	%	1/15/37		525			509
3	Credit Suisse First Boston
	Mortgage Securities Corp.	4.877	%	4/15/37		50			37
3	Credit Suisse First Boston
	Mortgage Securities Corp.	3.936	%	5/15/38		800			789
3,4	Credit Suisse First Boston
	Mortgage Securities Corp.	5.100	%	8/15/38		65			55


3	Credit Suisse First Boston
	Mortgage Securities Corp.	5.100	%	8/15/38	2,025	1,950
3	Credit Suisse Mortgage Capital Certificates	5.825	%	6/15/38	1,325	1,143
3	Credit Suisse Mortgage Capital Certificates	5.825	%	6/15/38	64	50
3	Credit Suisse Mortgage Capital Certificates	5.548	%	2/15/39	2,425	2,360
3,4	Credit Suisse Mortgage Capital Certificates	5.548	%	2/15/39	375	306
3,4	Credit Suisse Mortgage Capital Certificates	5.723	%	6/15/39	2,050	1,643
3	Credit Suisse Mortgage Capital Certificates	5.509	%	9/15/39	100	55
3	Credit Suisse Mortgage Capital Certificates	5.311	%	12/15/39	425	350
3	Credit Suisse Mortgage Capital Certificates	5.343	%	12/15/39	60	42
3	Credit Suisse Mortgage Capital Certificates	5.383	%	2/15/40	425	351
3,4	CW Capital Cobalt Ltd.	5.820	%	5/15/46	1,475	1,162


Institutional Total Bond Market Index Fu nd



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
3	Daimler Chrysler Auto Trust	3.700	%	6/8/12		871			882
3	Discover Card Master Trust	5.650	%	12/15/15		1,525			1,652
3	Discover Card Master Trust	5.650	%	3/16/20		425			453
3,4	First Union Commercial Mortgage Trust	6.638	%	10/15/35		369			372
3	Ford Credit Auto Owner Trust	4.370	%	10/15/12		1,075			1,114
3	Ford Credit Auto Owner Trust	2.420	%	11/15/14		250			246
3	GE Capital Commercial Mortgage Corp.	5.994	%	12/10/35		35			35
3,4	GE Capital Commercial Mortgage Corp.	5.336	%	3/10/44		1,625			1,539
3,4	GE Capital Commercial Mortgage Corp.	5.334	%	11/10/45		320			264
3	GMAC Commercial Mortgage Securities Inc.	7.455	%	8/16/33		147			150
3	GMAC Commercial Mortgage Securities Inc.	4.908	%	3/10/38		100			98
3	GMAC Commercial Mortgage Securities Inc.	4.646	%	4/10/40		245			249
3	GMAC Commercial Mortgage Securities Inc.	4.864	%	12/10/41		450			441
3	GMAC Commercial Mortgage Securities Inc.	4.754	%	5/10/43		100			87
3	Greenwich Capital Commercial Funding Corp.	4.948	%	1/11/35		475			487
3	Greenwich Capital Commercial Funding Corp.	5.317	%	6/10/36		875			888
3	Greenwich Capital Commercial Funding Corp.	5.117	%	4/10/37		325			327
3	Greenwich Capital Commercial Funding Corp.	5.224	%	4/10/37		1,400			1,310
3,4	Greenwich Capital Commercial Funding Corp.	5.277	%	4/10/37		290			244
3,4	Greenwich Capital Commercial Funding Corp.	5.918	%	7/10/38		150			120
3	Greenwich Capital Commercial Funding Corp.	5.475	%	3/10/39		100			71
3	Greenwich Capital Commercial Funding Corp.	4.799	%	8/10/42		600			556
3	GS Mortgage Securities Corp. II	5.506	%	4/10/38		925			935
3,4	GS Mortgage Securities Corp. II	5.553	%	4/10/38		300			273
3,4	GS Mortgage Securities Corp. II	5.622	%	4/10/38		275			219
3	GS Mortgage Securities Corp. II	5.396	%	8/10/38		1,600			1,514
3	Harley-Davidson Motorcycle Trust	5.210	%	6/17/13		2,815			2,898
3	Honda Auto Receivables Owner Trust	4.880	%	9/18/14		525			553
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	6.260	%	3/15/33		220			224
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.050	%	12/12/34		250			257
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	4.824	%	9/12/37		150			151
3,4	JP Morgan Chase Commercial
	Mortgage Securities Corp.	4.948	%	9/12/37		40			32
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	4.404	%	1/12/39		1,120			1,065
3,4	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.377	%	6/12/41		1,615			1,626
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	4.780	%	7/15/42		135			105
3,4	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.321	%	1/12/43		25			19
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.160	%	4/15/43		857			861
3,4	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.444	%	12/12/44		200			154
3,4	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.221	%	12/15/44		200			174
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.874	%	4/15/45		1,600			1,524
3,4	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.875	%	4/15/45		85			65
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.593	%	5/12/45		400			327


Institutional Total Bond Market Index Fu nd



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.440	%	5/15/45		155			128
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.447	%	5/15/45		350			350
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.803	%	6/15/49		625			627
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.818	%	6/15/49		600			533
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.794	%	2/12/51		2,300			1,953
3	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.855	%	2/12/51		600			598
3,4	JP Morgan Chase Commercial
	Mortgage Securities Corp.	5.882	%	2/15/51		1,425			1,221
3,4	LB Commercial Conduit Mortgage Trust	5.950	%	7/15/44		655			446
3	LB-UBS Commercial Mortgage Trust	7.370	%	8/15/26		286			290
3	LB-UBS Commercial Mortgage Trust	4.786	%	10/15/29		1,050			1,013
3	LB-UBS Commercial Mortgage Trust	4.742	%	2/15/30		695			675
3	LB-UBS Commercial Mortgage Trust	4.553	%	7/15/30		74			74
3	LB-UBS Commercial Mortgage Trust	5.197	%	11/15/30		775			754
3	LB-UBS Commercial Mortgage Trust	5.217	%	2/15/31		135			114
3	LB-UBS Commercial Mortgage Trust	4.853	%	9/15/31		1,075			1,095
3	LB-UBS Commercial Mortgage Trust	4.960	%	12/15/31		1,075			1,094
3	LB-UBS Commercial Mortgage Trust	4.166	%	5/15/32		325			321
3,4	LB-UBS Commercial Mortgage Trust	5.661	%	3/15/39		1,720			1,629
3	LB-UBS Commercial Mortgage Trust	5.413	%	9/15/39		100			76
3	LB-UBS Commercial Mortgage Trust	5.424	%	2/15/40		275			229
3	LB-UBS Commercial Mortgage Trust	5.430	%	2/15/40		1,555			1,327
3	LB-UBS Commercial Mortgage Trust	5.455	%	2/15/40		175			116
3,4	LB-UBS Commercial Mortgage Trust	5.493	%	2/15/40		125			85
3,4	LB-UBS Commercial Mortgage Trust	5.263	%	11/15/40		40			35
3,4	LB-UBS Commercial Mortgage Trust	6.149	%	4/15/41		140			103
3,4	LB-UBS Commercial Mortgage Trust	6.149	%	4/15/41		1,675			1,609
3	LB-UBS Commercial Mortgage Trust	5.866	%	9/15/45		1,595			1,358
3	Merrill Lynch Mortgage Trust	5.236	%	11/12/35		645			646
3	Merrill Lynch Mortgage Trust	5.107	%	7/12/38		90			75
3	Merrill Lynch Mortgage Trust	5.655	%	5/12/39		1,140			1,073
3,4	Merrill Lynch Mortgage Trust	5.656	%	5/12/39		100			77
3	Merrill Lynch Mortgage Trust	5.782	%	8/12/43		205			167
3,4	Merrill Lynch Mortgage Trust	5.291	%	1/12/44		825			795
3,4	Merrill Lynch Mortgage Trust	5.828	%	6/12/50		185			121
3	Merrill Lynch Mortgage Trust	5.425	%	2/12/51		225			219
3	Merrill Lynch Mortgage Trust	5.690	%	2/12/51		750			648
3,4	Merrill Lynch/Countrywide
	Commercial Mortgage Trust	5.517	%	2/12/39		25			13


3	Merrill Lynch/Countrywide
	Commercial Mortgage Trust	5.456	%	7/12/46	160	109
3	Merrill Lynch/Countrywide
	Commercial Mortgage Trust	5.378	%	8/12/48	1,350	1,026
3	Merrill Lynch/Countrywide
	Commercial Mortgage Trust	5.590	%	9/12/49	675	668
3	Merrill Lynch/Countrywide
	Commercial Mortgage Trust	5.700	%	9/12/49	1,875	1,528
3	Morgan Stanley Capital I	4.970	%	4/14/40	455	453
3,4	Morgan Stanley Capital I	5.110	%	6/15/40	500	495
3	Morgan Stanley Capital I	5.270	%	6/13/41	750	739


Institutional Total Bond Market Index Fund



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
3,4	Morgan Stanley Capital I	5.810	%	8/12/41		125			100
3	Morgan Stanley Capital I	5.360	%	11/12/41		400			297
3	Morgan Stanley Capital I	4.970	%	12/15/41		600			599
3	Morgan Stanley Capital I	5.168	%	1/14/42		350			351
3,4	Morgan Stanley Capital I	5.649	%	6/11/42		25			18
3,4	Morgan Stanley Capital I	5.649	%	6/11/42		375			363
3	Morgan Stanley Capital I	4.989	%	8/13/42		1,605			1,571
3	Morgan Stanley Capital I	5.230	%	9/15/42		1,500			1,465
3	Morgan Stanley Capital I	5.769	%	10/15/42		500			485
3,4	Morgan Stanley Capital I	5.774	%	10/15/42		45			36
3,4	Morgan Stanley Capital I	5.207	%	11/14/42		1,125			1,131
3,4	Morgan Stanley Capital I	5.207	%	11/14/42		50			43
3	Morgan Stanley Capital I	6.280	%	1/11/43		1,250			1,161
3	Morgan Stanley Capital I	5.332	%	12/15/43		355			325
3,4	Morgan Stanley Capital I	5.385	%	3/12/44		1,850			1,767
3,4	Morgan Stanley Capital I	5.773	%	7/12/44		271			216
3	Morgan Stanley Capital I	4.660	%	9/13/45		1,045			1,006
3,4	Morgan Stanley Capital I	5.691	%	4/15/49		325			192
3,4	Morgan Stanley Capital I	5.544	%	11/12/49		425			311
3	Morgan Stanley Capital I	5.809	%	12/12/49		800			677
3	Morgan Stanley Capital I	5.090	%	10/12/52		500			505
3,4	Morgan Stanley Capital I	5.204	%	10/12/52		325			255
3	Morgan Stanley Capital I	4.770	%	7/15/56		100			74
3	Morgan Stanley Dean Witter Capital I	6.660	%	2/15/33		193			198
3	Morgan Stanley Dean Witter Capital I	6.390	%	7/15/33		237			247
3	Morgan Stanley Dean Witter Capital I	6.390	%	10/15/35		197			208
3	Morgan Stanley Dean Witter Capital I	4.740	%	11/13/36		195			191
3	Morgan Stanley Dean Witter Capital I	5.980	%	1/15/39		1,485			1,522
3	Nissan Auto Receivables Owner Trust	5.050	%	11/17/14		425			451
3	PG&E Energy Recovery Funding LLC	4.140	%	9/25/12		74			75
3	PG&E Energy Recovery Funding LLC	5.030	%	3/25/14		246			256
3	PSE&G Transition Funding LLC	6.890	%	12/15/17		1,075			1,249
3	Public Service New Hampshire Funding LLC	6.480	%	5/1/15		221			239
3,4	Salomon Brothers Mortgage Securities VII Inc.	3.688	%	9/25/33		142			136
3	USAA Auto Owner Trust	4.710	%	2/18/14		825			870
3,4	Wachovia Bank Commercial Mortgage Trust	5.125	%	8/15/35		250			255
3	Wachovia Bank Commercial Mortgage Trust	4.719	%	1/15/41		225			226
3	Wachovia Bank Commercial Mortgage Trust	4.748	%	2/15/41		1,850			1,820
3	Wachovia Bank Commercial Mortgage Trust	5.001	%	7/15/41		471			475
3,4	Wachovia Bank Commercial Mortgage Trust	5.237	%	7/15/41		1,150			1,152
3	Wachovia Bank Commercial Mortgage Trust	4.803	%	10/15/41		600			576
3,4	Wachovia Bank Commercial Mortgage Trust	5.083	%	3/15/42		1,200			1,188
3	Wachovia Bank Commercial Mortgage Trust	5.118	%	7/15/42		879			849
3,4	Wachovia Bank Commercial Mortgage Trust	5.740	%	5/15/43		375			292
3,4	Wachovia Bank Commercial Mortgage Trust	5.740	%	5/15/43		900			872
3	Wachovia Bank Commercial Mortgage Trust	4.699	%	5/15/44		950			906
3,4	Wachovia Bank Commercial Mortgage Trust	5.209	%	10/15/44		1,975			1,951
3,4	Wachovia Bank Commercial Mortgage Trust	5.265	%	12/15/44		2,225			2,224
3,4	Wachovia Bank Commercial Mortgage Trust	5.315	%	12/15/44		15			13
3,4	Wachovia Bank Commercial Mortgage Trust	5.956	%	6/15/45		65			50
3,4	Wachovia Bank Commercial Mortgage Trust	5.765	%	7/15/45		1,100			997
3,4	Wachovia Bank Commercial Mortgage Trust	5.818	%	5/15/46		305			202
3	Wachovia Bank Commercial Mortgage Trust	5.313	%	11/15/48		650			616
3	Wachovia Bank Commercial Mortgage Trust	5.339	%	11/15/48		800			599
3	World Omni Auto Receivables Trust	3.940	%	10/15/12		1,075			1,096
Total Asset-Backed/Commercial Mortgage-Backed Securities (Cost $145,344)									144,833


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Corporate Bonds (19.1%)
Finance (7.0%)
Banking (4.7%)
Abbey National PLC	7.950	%	10/26/29		550			613
American Express Bank FSB	5.550	%	10/17/12		300			319
American Express Bank FSB	5.500	%	4/16/13		875			929
American Express Bank FSB	6.000	%	9/13/17		225			232
American Express Centurion Bank	5.550	%	10/17/12		300			320
American Express Centurion Bank	5.950	%	6/12/17		150			156
American Express Centurion Bank	6.000	%	9/13/17		325			337
American Express Co.	7.250	%	5/20/14		500			564
American Express Co.	5.500	%	9/12/16		225			232
American Express Co.	6.150	%	8/28/17		500			522
American Express Co.	7.000	%	3/19/18		2,100			2,316
American Express Co.	8.125	%	5/20/19		500			594
3 American Express Co.	6.800	%	9/1/66		355			307
American Express Credit Co rp.	5.000	%	12/2/10		425			439
American Express Credit Co rp.	5.875	%	5/2/13		600			642
American Express Credit Co rp.	7.300	%	8/20/13		100			112
American Express Credit Co rp.	5.125	%	8/25/14		100			105
5 American Express Travel Related Services Co. Inc.	5.250	%	11/21/11		550			574
Amsouth Bank	5.200	%	4/1/15		325			280
Banco Santander Chile	2.875	%	11/13/12		300			302
Bank of America Corp.	4.250	%	10/1/10		350			359
Bank of America Corp.	4.375	%	12/1/10		490			505
Bank of America Corp.	5.375	%	8/15/11		525			554
Bank of America Corp.	5.375	%	9/11/12		675			716
Bank of America Corp.	4.875	%	9/15/12		675			706
Bank of America Corp.	4.875	%	1/15/13		250			261
Bank of America Corp.	4.900	%	5/1/13		675			699
Bank of America Corp.	7.375	%	5/15/14		1,000			1,134
Bank of America Corp.	5.375	%	6/15/14		150			156
Bank of America Corp.	5.125	%	11/15/14		775			802
Bank of America Corp.	4.750	%	8/1/15		225			228
Bank of America Corp.	5.250	%	12/1/15		125			126
Bank of America Corp.	6.500	%	8/1/16		350			377
Bank of America Corp.	5.750	%	8/15/16		150			151
Bank of America Corp.	5.625	%	10/14/16		425			432
Bank of America Corp.	5.420	%	3/15/17		900			892
Bank of America Corp.	6.000	%	9/1/17		50			52
Bank of America Corp.	5.750	%	12/1/17		75			77
Bank of America Corp.	5.650	%	5/1/18		3,125			3,179
Bank of America Corp.	7.625	%	6/1/19		600			694
Bank of America Corp.	6.800	%	3/15/28		400			391
Bank of America Corp.	6.500	%	9/15/37		210			204
Bank of America NA	6.100	%	6/15/17		400			407
Bank of America NA	6.000	%	10/15/36		400			387
Bank of New York Mellon Corp.	4.950	%	1/14/11		475			493
Bank of New York Mellon Corp.	4.950	%	11/1/12		1,225			1,319
Bank of New York Mellon Corp.	5.125	%	8/27/13		50			54
Bank of New York Mellon Corp.	4.300	%	5/15/14		325			342
Bank of New York Mellon Corp.	4.950	%	3/15/15		600			632
Bank of New York Mellon Corp.	5.450	%	5/15/19		350			367
5 Bank of Scotland PLC	5.250	%	2/21/17		700			696
Bank of Tokyo-Mitsubishi UFJ Ltd.	7.400	%	6/15/11		300			324
Bank One Corp.	5.900	%	11/15/11		445			476


Institutional Total Bond Market Index Fu nd



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
	Bank One Corp.	5.250	%	1/30/13		325			344
	Bank One Corp.	4.900	%	4/30/15		350			361
	Bank One Corp.	7.625	%	10/15/26		75			85
	Barclays Bank PLC	5.450	%	9/12/12		150			162
	Barclays Bank PLC	2.500	%	1/23/13		450			450
	Barclays Bank PLC	5.200	%	7/10/14		225			240
	Barclays Bank PLC	5.000	%	9/22/16		900			921
	Barclays Bank PLC	6.750	%	5/22/19		400			449
	BB&T Capital Trust II	6.750	%	6/7/36		450			419
	BB&T Corp.	6.500	%	8/1/11		50			53
	BB&T Corp.	3.850	%	7/27/12		225			233
	BB&T Corp.	4.750	%	10/1/12		625			652
	BB&T Corp.	5.700	%	4/30/14		150			162
	BB&T Corp.	5.200	%	12/23/15		325			339
	BB&T Corp.	6.850	%	4/30/19		125			142
	BB&T Corp.	5.250	%	11/1/19		500			491
	Bear Stearns Cos. LLC	4.500	%	10/28/10		175			181
	Bear Stearns Cos. LLC	5.350	%	2/1/12		1,550			1,648
	Bear Stearns Cos. LLC	6.950	%	8/10/12		205			229
	Bear Stearns Cos. LLC	5.700	%	11/15/14		1,350			1,476
	Bear Stearns Cos. LLC	5.300	%	10/30/15		175			186
	Bear Stearns Cos. LLC	5.550	%	1/22/17		550			562
	Bear Stearns Cos. LLC	6.400	%	10/2/17		755			830
	Bear Stearns Cos. LLC	7.250	%	2/1/18		775			893
	BNP Paribas US Medium-Term
	Note Program LLC	2.125	%	12/21/12		100			100
	Branch Banking & Trust Co.	5.625	%	9/15/16		300			296
	Capital One Bank USA NA	8.800	%	7/15/19		1,100			1,307
	Capital One Capital III	7.686	%	8/15/36		250			220
	Capital One Capital IV	6.745	%	2/17/37		150			124
	Capital One Capital V	10.250	%	8/15/39		100			117
	Capital One Capital VI	8.875	%	5/15/40		75			80
	Capital One Financial Corp.	5.700	%	9/15/11		175			185
	Capital One Financial Corp.	4.800	%	2/21/12		75			78
	Capital One Financial Corp.	7.375	%	5/23/14		350			396
	Capital One Financial Corp.	5.500	%	6/1/15		200			209
	Capital One Financial Corp.	6.150	%	9/1/16		400			403
	Capital One Financial Corp.	5.250	%	2/21/17		500			492
	Charter One Bank NA	5.500	%	4/26/11		425			435
3,5	Citicorp Lease Pass-Through Trust 1999-1	8.040	%	12/15/19		100			98
	Citigroup Inc.	6.500	%	1/18/11		575			601
	Citigroup Inc.	5.125	%	2/14/11		175			180
	Citigroup Inc.	5.100	%	9/29/11		1,100			1,140
	Citigroup Inc.	6.000	%	2/21/12		125			132
	Citigroup Inc.	5.250	%	2/27/12		875			910
	Citigroup Inc.	5.500	%	8/27/12		310			322
	Citigroup Inc.	5.625	%	8/27/12		1,350			1,390
	Citigroup Inc.	5.300	%	10/17/12		650			680
	Citigroup Inc.	5.500	%	4/11/13		230			239
	Citigroup Inc.	6.500	%	8/19/13		1,025			1,093
	Citigroup Inc.	5.125	%	5/5/14		350			352
	Citigroup Inc.	5.000	%	9/15/14		3,259			3,149
	Citigroup Inc.	5.500	%	10/15/14		800			811
	Citigroup Inc.	6.010	%	1/15/15		1,350			1,387
	Citigroup Inc.	4.700	%	5/29/15		125			121
	Citigroup Inc.	5.300	%	1/7/16		150			147


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Citigroup Inc.	6.000	%	8/15/17		825			825
Citigroup Inc.	6.125	%	11/21/17		875			888
Citigroup Inc.	6.125	%	5/15/18		550			551
Citigroup Inc.	8.500	%	5/22/19		925			1,072
Citigroup Inc.	6.625	%	6/15/32		1,275			1,183
Citigroup Inc.	5.875	%	2/22/33		750			630
Citigroup Inc.	6.000	%	10/31/33		625			529
Citigroup Inc.	5.850	%	12/11/34		175			151
Citigroup Inc.	5.875	%	5/29/37		50			45
Citigroup Inc.	6.875	%	3/5/38		400			399
Citigroup Inc.	8.125	%	7/15/39		1,075			1,227
Comerica Bank	5.750	%	11/21/16		825			796
Comerica Bank	5.200	%	8/22/17		200			187
Compass Bank	6.400	%	10/1/17		200			200
Compass Bank	5.900	%	4/1/26		100			83
5 Corestates Capital I	8.000	%	12/15/26		325			322
Countrywide Financial Corp.	6.250	%	5/15/16		45			46
Countrywide Home Loans Inc.	4.000	%	3/22/11		425			436
Credit Suisse	5.000	%	5/15/13		325			346
Credit Suisse	5.500	%	5/1/14		675			733
Credit Suisse	6.000	%	2/15/18		500			525
Credit Suisse	5.300	%	8/13/19		750			776
3 Credit Suisse	5.860	%	5/15/49		350			311
Credit Suisse USA Inc.	4.875	%	8/15/10		1,050			1,078
Credit Suisse USA Inc.	5.250	%	3/2/11		400			419
Credit Suisse USA Inc.	5.500	%	8/16/11		225			239
Credit Suisse USA Inc.	6.125	%	11/15/11		325			352
Credit Suisse USA Inc.	6.500	%	1/15/12		290			316
Credit Suisse USA Inc.	5.500	%	8/15/13		1,475			1,593
Credit Suisse USA Inc.	5.125	%	1/15/14		75			80
Credit Suisse USA Inc.	4.875	%	1/15/15		1,080			1,133
Credit Suisse USA Inc.	5.125	%	8/15/15		495			527
Credit Suisse USA Inc.	7.125	%	7/15/32		600			706
Deutsche Bank AG	5.375	%	10/12/12		1,025			1,107
Deutsche Bank AG	4.875	%	5/20/13		750			798
Deutsche Bank AG	6.000	%	9/1/17		1,425			1,554
Deutsche Bank Financial LLC	5.375	%	3/2/15		500			520
FIA Card Services NA	6.625	%	6/15/12		300			319
Fifth Third Bancorp	4.500	%	6/1/18		300			244
Fifth Third Bancorp	8.250	%	3/1/38		525			493
Fifth Third Bank	4.750	%	2/1/15		300			286
First Tennessee Bank NA	5.050	%	1/15/15		50			44
First Union Institutional Capital I	8.040	%	12/1/26		75			75
Golden West Financial Corp.	4.750	%	10/1/12		200			210
Goldman Sachs Capital I	6.345	%	2/15/34		500			466
3 Goldman Sachs Capital II	5.793	%	12/29/49		495			381
Goldman Sachs Group Inc.	4.500	%	6/15/10		835			850
Goldman Sachs Group Inc.	6.875	%	1/15/11		260			276
Goldman Sachs Group Inc.	6.600	%	1/15/12		150			163
Goldman Sachs Group Inc.	5.300	%	2/14/12		75			80
Goldman Sachs Group Inc.	3.625	%	8/1/12		550			566
Goldman Sachs Group Inc.	5.700	%	9/1/12		50			54
Goldman Sachs Group Inc.	5.450	%	11/1/12		595			640
Goldman Sachs Group Inc.	5.250	%	4/1/13		550			581
Goldman Sachs Group Inc.	4.750	%	7/15/13		1,075			1,124
Goldman Sachs Group Inc.	5.250	%	10/15/13		875			929


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Goldman Sachs Group Inc.	5.150	%	1/15/14		1,100			1,166
Goldman Sachs Group Inc.	6.000	%	5/1/14		1,100			1,205
Goldman Sachs Group Inc.	5.000	%	10/1/14		1,125			1,184
Goldman Sachs Group Inc.	5.125	%	1/15/15		1,800			1,892
Goldman Sachs Group Inc.	5.350	%	1/15/16		1,075			1,118
Goldman Sachs Group Inc.	5.750	%	10/1/16		300			317
Goldman Sachs Group Inc.	5.625	%	1/15/17		775			797
Goldman Sachs Group Inc.	6.250	%	9/1/17		875			939
Goldman Sachs Group Inc.	5.950	%	1/18/18		1,800			1,900
Goldman Sachs Group Inc.	6.150	%	4/1/18		660			707
Goldman Sachs Group Inc.	7.500	%	2/15/19		125			146
Goldman Sachs Group Inc.	5.950	%	1/15/27		1,160			1,117
Goldman Sachs Group Inc.	6.125	%	2/15/33		150			154
Goldman Sachs Group Inc.	6.450	%	5/1/36		535			527
Goldman Sachs Group Inc.	6.750	%	10/1/37		1,630			1,664
5 HBOS PLC	6.750	%	5/21/18		400			370
HSBC Bank PLC	6.950	%	3/15/11		150			157
HSBC Bank USA NA	4.625	%	4/1/14		500			522
HSBC Bank USA NA	5.875	%	11/1/34		550			531
HSBC Bank USA NA	5.625	%	8/15/35		625			573
HSBC Holdings PLC	7.350	%	11/27/32		50			54
HSBC Holdings PLC	6.500	%	5/2/36		145			152
HSBC Holdings PLC	6.500	%	9/15/37		1,090			1,140
HSBC Holdings PLC	6.800	%	6/1/38		160			173
5 ICICI Bank Ltd.	6.625	%	10/3/12		325			342
JP Morgan Chase Capital XV	5.875	%	3/15/35		760			673
JP Morgan Chase Capital XVII	5.850	%	8/1/35		50			43
JP Morgan Chase Capital XX	6.550	%	9/29/36		300			277
JP Morgan Chase Capital XXII	6.450	%	2/2/37		1,175			1,079
JP Morgan Chase Capital XXV	6.800	%	10/1/37		500			495
JPMorgan Chase & Co.	6.750	%	2/1/11		610			646
JPMorgan Chase & Co.	4.500	%	1/15/12		1,350			1,421
JPMorgan Chase & Co.	6.625	%	3/15/12		175			191
JPMorgan Chase & Co.	5.375	%	10/1/12		145			157
JPMorgan Chase & Co.	5.750	%	1/2/13		475			511
JPMorgan Chase & Co.	4.750	%	5/1/13		1,120			1,182
JPMorgan Chase & Co.	4.875	%	3/15/14		885			923
JPMorgan Chase & Co.	5.125	%	9/15/14		495			523
JPMorgan Chase & Co.	4.750	%	3/1/15		1,050			1,099
JPMorgan Chase & Co.	5.250	%	5/1/15		475			494
JPMorgan Chase & Co.	5.150	%	10/1/15		750			778
JPMorgan Chase & Co.	6.125	%	6/27/17		300			316
JPMorgan Chase & Co.	6.300	%	4/23/19		1,750			1,936
JPMorgan Chase & Co.	6.400	%	5/15/38		1,050			1,157
JPMorgan Chase Bank NA	5.875	%	6/13/16		225			236
KeyBank NA	7.000	%	2/1/11		125			130
KeyBank NA	5.500	%	9/17/12		425			441
KeyBank NA	4.950	%	9/15/15		350			327
KeyBank NA	5.450	%	3/3/16		675			621
KeyCorp	6.500	%	5/14/13		50			52
M&I Marshall & Ilsley Bank	4.850	%	6/16/15		200			156
Manufacturers & Traders Trust Co.	6.625	%	12/4/17		500			511
MBNA Corp.	7.500	%	3/15/12		325			356
MBNA Corp.	6.125	%	3/1/13		225			237
MBNA Corp.	5.000	%	6/15/15		350			349
Mellon Funding Corp.	5.000	%	12/1/14		150			160


Institutional Total Bond Market Index Fu nd



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
	Merrill Lynch & Co. Inc.	5.770	%	7/25/11		300			317
	Merrill Lynch & Co. Inc.	6.050	%	8/15/12		500			537
	Merrill Lynch & Co. Inc.	5.450	%	2/5/13		235			247
	Merrill Lynch & Co. Inc.	6.150	%	4/25/13		1,275			1,385
	Merrill Lynch & Co. Inc.	5.000	%	2/3/14		225			231
	Merrill Lynch & Co. Inc.	5.450	%	7/15/14		200			210
	Merrill Lynch & Co. Inc.	5.000	%	1/15/15		2,125			2,167
	Merrill Lynch & Co. Inc.	6.050	%	5/16/16		25			25
	Merrill Lynch & Co. Inc.	5.700	%	5/2/17		1,025			1,006
	Merrill Lynch & Co. Inc.	6.400	%	8/28/17		1,225			1,282
	Merrill Lynch & Co. Inc.	6.875	%	4/25/18		2,105			2,271
	Merrill Lynch & Co. Inc.	6.220	%	9/15/26		325			309
	Merrill Lynch & Co. Inc.	6.110	%	1/29/37		875			801
	Merrill Lynch & Co. Inc.	7.750	%	5/14/38		1,015			1,118
	Morgan Stanley	4.000	%	1/15/10		600			601
	Morgan Stanley	5.050	%	1/21/11		50			52
	Morgan Stanley	5.625	%	1/9/12		2,425			2,570
	Morgan Stanley	6.600	%	4/1/12		215			233
	Morgan Stanley	5.750	%	8/31/12		250			270
	Morgan Stanley	4.750	%	4/1/14		2,690			2,707
	Morgan Stanley	6.000	%	5/13/14		800			859
	Morgan Stanley	4.200	%	11/20/14		1,350			1,349
	Morgan Stanley	6.000	%	4/28/15		75			80
	Morgan Stanley	5.375	%	10/15/15		400			417
	Morgan Stanley	5.750	%	10/18/16		550			574
	Morgan Stanley	5.450	%	1/9/17		600			609
	Morgan Stanley	5.550	%	4/27/17		430			437
	Morgan Stanley	6.250	%	8/28/17		50			53
	Morgan Stanley	5.950	%	12/28/17		425			441
	Morgan Stanley	6.625	%	4/1/18		2,655			2,880
	Morgan Stanley	7.300	%	5/13/19		1,650			1,854
	Morgan Stanley	5.625	%	9/23/19		550			554
	Morgan Stanley	6.250	%	8/9/26		1,050			1,079
	Morgan Stanley	7.250	%	4/1/32		525			607
	National City Bank	6.250	%	3/15/11		400			417
	National City Corp.	4.900	%	1/15/15		325			333
	National City Corp.	6.875	%	5/15/19		225			243
5	Nationwide Building Society	5.500	%	7/18/12		1,500			1,601
5	Northern Rock PLC	5.625	%	6/22/17		2,950			2,827
	Northern Trust Co.	6.500	%	8/15/18		50			55
	Northern Trust Corp.	5.500	%	8/15/13		100			109
	Northern Trust Corp.	4.625	%	5/1/14		225			240
	PNC Bank NA	4.875	%	9/21/17		600			568
	PNC Funding Corp.	5.125	%	12/14/10		125			130
	PNC Funding Corp.	5.250	%	11/15/15		475			487
	PNC Funding Corp.	5.625	%	2/1/17		100			100
	PNC Funding Corp.	6.700	%	6/10/19		75			84
	Regions Financial Corp.	7.750	%	11/10/14		425			426
	Royal Bank of Scotland Group PLC	6.400	%	10/21/19		1,425			1,411
5	Royal Bank of Scotland PLC	4.875	%	8/25/14		700			703
	Santander Financial Issuances Ltd.	6.375	%	2/15/11		200			208
	SouthTrust Corp.	5.800	%	6/15/14		100			104
	Sovereign Bank	8.750	%	5/30/18		270			311
3,5	Standard Chartered PLC	6.409	%	12/31/49		300			243
	State Street Bank and Trust Co.	5.300	%	1/15/16		125			127
	State Street Corp.	4.300	%	5/30/14		400			416


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Sumitomo Mitsui Banking Corp.	8.000	%	6/15/12		490			548
SunTrust Bank	6.375	%	4/1/11		100			104
SunTrust Bank	7.250	%	3/15/18		125			130
SunTrust Banks Inc.	6.000	%	9/11/17		350			347
SunTrust Banks Inc.	6.000	%	2/15/26		475			385
SunTrust Capital VIII	6.100	%	12/15/36		132			92
UBS AG	7.000	%	10/15/15		300			318
UBS AG	5.875	%	7/15/16		1,350			1,370
UBS AG	7.375	%	6/15/17		75			79
UBS AG	5.875	%	12/20/17		675			695
UBS AG	5.750	%	4/25/18		475			485
UFJ Finance Aruba AEC	6.750	%	7/15/13		1,350			1,482
Union Bank NA	5.950	%	5/11/16		225			225
Union Planters Corp.	7.750	%	3/1/11		500			490
UnionBanCal Corp.	5.250	%	12/16/13		50			51
US Bank NA	6.375	%	8/1/11		550			591
US Bank NA	6.300	%	2/4/14		875			966
US Bank NA	4.950	%	10/30/14		400			426
3 USB Capital IX	6.189	%	4/15/49		300			241
USB Capital XIII Trust	6.625	%	12/15/39		175			176
Wachovia Bank NA	4.875	%	2/1/15		1,750			1,789
Wachovia Bank NA	5.000	%	8/15/15		75			76
Wachovia Bank NA	6.000	%	11/15/17		300			315
Wachovia Bank NA	5.850	%	2/1/37		1,425			1,377
Wachovia Bank NA	6.600	%	1/15/38		425			448
3 Wachovia Capital Trust III	5.800	%	3/15/11		1,010			768
Wachovia Corp.	5.300	%	10/15/11		175			186
Wachovia Corp.	4.875	%	2/15/14		750			763
Wachovia Corp.	5.250	%	8/1/14		225			233
Wachovia Corp.	5.625	%	10/15/16		275			280
Wachovia Corp.	5.750	%	6/15/17		1,450			1,510
Wachovia Corp.	7.500	%	4/15/35		50			52
Wachovia Corp.	5.500	%	8/1/35		475			425
Wachovia Corp.	6.550	%	10/15/35		50			47
Wells Fargo & Co.	4.200	%	1/15/10		775			776
Wells Fargo & Co.	4.875	%	1/12/11		375			389
Wells Fargo & Co.	5.300	%	8/26/11		450			476
Wells Fargo & Co.	5.125	%	9/1/12		300			316
Wells Fargo & Co.	5.250	%	10/23/12		1,275			1,364
Wells Fargo & Co.	4.375	%	1/31/13		100			104
Wells Fargo & Co.	4.950	%	10/16/13		100			104
Wells Fargo & Co.	5.625	%	12/11/17		325			337
Wells Fargo & Co.	5.375	%	2/7/35		325			302
Wells Fargo Bank NA	6.450	%	2/1/11		500			525
Wells Fargo Bank NA	4.750	%	2/9/15		1,275			1,304
Wells Fargo Bank NA	5.750	%	5/16/16		1,500			1,536
Wells Fargo Bank NA	5.950	%	8/26/36		350			337
Wells Fargo Capital X	5.950	%	12/15/36		50			43
3 Wells Fargo Capital XIII	7.700	%	12/29/49		400			388
3 Wells Fargo Capital XV	9.750	%	12/29/49		425			459
Wells Fargo Financial Inc.	5.500	%	8/1/12		300			321
Westpac Banking Corp.	2.250	%	11/19/12		550			548
Westpac Banking Corp.	4.200	%	2/27/15		825			838
Westpac Banking Corp.	4.875	%	11/19/19		525			518


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Brokerage (0.1%)
Ameriprise Financial Inc.	5.650	%	11/15/15		375			398
BlackRock Inc.	2.250	%	12/10/12		300			299
BlackRock Inc.	3.500	%	12/10/14		200			198
BlackRock Inc.	6.250	%	9/15/17		225			242
BlackRock Inc.	5.000	%	12/10/19		75			74
Charles Schwab Corp.	4.950	%	6/1/14		700			740
Invesco Ltd.	5.375	%	2/27/13		25			25
Jefferies Group Inc.	8.500	%	7/15/19		325			348
Jefferies Group Inc.	6.450	%	6/8/27		475			399
Jefferies Group Inc.	6.250	%	1/15/36		400			317
Lazard Group LLC	6.850	%	6/15/17		775			780
TD Ameritrade Holding Corp.	2.950	%	12/1/12		100			99
TD Ameritrade Holding Corp.	4.150	%	12/1/14		175			173
TD Ameritrade Holding Corp.	5.600	%	12/1/19		125			124

Finance Companies (0.9%)
Block Financial LLC	7.875	%	1/15/13		100			111
GATX Corp.	4.750	%	10/1/12		150			154
General Electric Capital Corp.	5.200	%	2/1/11		125			130
General Electric Capital Corp.	6.125	%	2/22/11		645			681
General Electric Capital Corp.	5.500	%	4/28/11		325			342
General Electric Capital Corp.	5.000	%	11/15/11		275			291
General Electric Capital Corp.	4.375	%	11/21/11		100			104
General Electric Capital Corp.	5.875	%	2/15/12		1,575			1,688
General Electric Capital Corp.	4.375	%	3/3/12		675			701
General Electric Capital Corp.	6.000	%	6/15/12		2,375			2,564
General Electric Capital Corp.	3.500	%	8/13/12		900			917
General Electric Capital Corp.	5.250	%	10/19/12		3,600			3,834
General Electric Capital Corp.	5.450	%	1/15/13		500			533
General Electric Capital Corp.	4.800	%	5/1/13		400			419
General Electric Capital Corp.	5.900	%	5/13/14		325			354
General Electric Capital Corp.	5.500	%	6/4/14		1,325			1,408
General Electric Capital Corp.	5.650	%	6/9/14		350			375
General Electric Capital Corp.	3.750	%	11/14/14		700			695
General Electric Capital Corp.	5.400	%	2/15/17		1,075			1,092
General Electric Capital Corp.	5.625	%	9/15/17		250			251
General Electric Capital Corp.	5.625	%	5/1/18		325			332
General Electric Capital Corp.	6.000	%	8/7/19		1,500			1,557
General Electric Capital Corp.	6.750	%	3/15/32		1,350			1,376
General Electric Capital Corp.	6.150	%	8/7/37		925			877
General Electric Capital Corp.	5.875	%	1/14/38		3,050			2,829
General Electric Capital Corp.	6.875	%	1/10/39		675			696
3 General Electric Capital Corp.	6.375	%	11/15/67		725			631
3 HSBC Finance Capital Trust IX	5.911	%	11/30/35		50			41
HSBC Finance Corp.	5.250	%	1/14/11		675			702
HSBC Finance Corp.	5.700	%	6/1/11		1,150			1,202
HSBC Finance Corp.	6.375	%	10/15/11		50			53
HSBC Finance Corp.	7.000	%	5/15/12		645			702
HSBC Finance Corp.	5.900	%	6/19/12		300			320
HSBC Finance Corp.	6.375	%	11/27/12		295			323
HSBC Finance Corp.	4.750	%	7/15/13		150			156
HSBC Finance Corp.	5.250	%	1/15/14		375			393
HSBC Finance Corp.	5.000	%	6/30/15		2,075			2,153
International Lease Finance Corp.	4.950	%	2/1/11		825			767
International Lease Finance Corp.	5.450	%	3/24/11		150			138


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
International Lease Finance Corp.	5.750	%	6/15/11		1,075			984
International Lease Finance Corp.	5.300	%	5/1/12		225			191
International Lease Finance Corp.	5.625	%	9/20/13		225			176
International Lease Finance Corp.	5.650	%	6/1/14		325			247
SLM Corp.	5.400	%	10/25/11		1,800			1,799
SLM Corp.	5.000	%	10/1/13		85			78
SLM Corp.	5.375	%	5/15/14		110			100
SLM Corp.	5.050	%	11/14/14		360			325
SLM Corp.	5.000	%	4/15/15		10			9
SLM Corp.	5.625	%	8/1/33		495			376

Insurance (1.0%)
ACE Capital Trust II	9.700	%	4/1/30		360			411
ACE INA Holdings Inc.	5.600	%	5/15/15		125			137
ACE INA Holdings Inc.	5.700	%	2/15/17		505			536
AEGON Funding Co. LLC	5.750	%	12/15/20		50			46
Aegon NV	4.750	%	6/1/13		200			204
Aetna Inc.	7.875	%	3/1/11		50			53
Aetna Inc.	5.750	%	6/15/11		125			131
Aetna Inc.	6.000	%	6/15/16		50			52
Aetna Inc.	6.500	%	9/15/18		275			295
Aetna Inc.	6.625	%	6/15/36		875			880
Aflac Inc.	6.900	%	12/17/39		75			74
Allied World Assurance Co. Holdings Ltd.	7.500	%	8/1/16		1,060			1,097
Allstate Corp.	6.125	%	2/15/12		225			244
Allstate Corp.	5.000	%	8/15/14		575			607
Allstate Corp.	6.125	%	12/15/32		225			223
Allstate Corp.	5.550	%	5/9/35		100			94
3 Allstate Corp.	6.125	%	5/15/37		150			132
3 Allstate Corp.	6.500	%	5/15/57		200			167
Allstate Life Global Funding Trusts	5.375	%	4/30/13		375			401
American Financial Group Inc.	9.875	%	6/15/19		125			140
American International Group Inc.	5.375	%	10/18/11		225			226
American International Group Inc.	4.950	%	3/20/12		225			218
American International Group Inc.	4.250	%	5/15/13		600			558
American International Group Inc.	5.050	%	10/1/15		1,025			852
American International Group Inc.	5.600	%	10/18/16		550			451
American International Group Inc.	5.850	%	1/16/18		25			21
American International Group Inc.	6.250	%	5/1/36		150			110
AON Corp.	8.205	%	1/1/27		50			50
Arch Capital Group Ltd.	7.350	%	5/1/34		350			339
Assurant Inc.	5.625	%	2/15/14		225			228
Assurant Inc.	6.750	%	2/15/34		465			416
AXA SA	8.600	%	12/15/30		770			874
Axis Capital Holdings Ltd.	5.750	%	12/1/14		75			76
Berkshire Hathaway Finance Corp.	4.200	%	12/15/10		100			103
Berkshire Hathaway Finance Corp.	4.000	%	4/15/12		100			104
Berkshire Hathaway Finance Corp.	5.000	%	8/15/13		775			831
Berkshire Hathaway Finance Corp.	5.400	%	5/15/18		1,450			1,511
Chubb Corp.	5.750	%	5/15/18		150			160
Chubb Corp.	6.000	%	5/11/37		550			569
Chubb Corp.	6.500	%	5/15/38		125			137
3 Chubb Corp.	6.375	%	3/29/67		125			116
CIGNA Corp.	7.875	%	5/15/27		50			50
CIGNA Corp.	6.150	%	11/15/36		475			415
Cincinnati Financial Corp.	6.920	%	5/15/28		175			164


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Cincinnati Financial Corp.	6.125	%	11/1/34		150			133
CNA Financial Corp.	6.000	%	8/15/11		100			102
CNA Financial Corp.	5.850	%	12/15/14		750			739
CNA Financial Corp.	6.500	%	8/15/16		200			194
CNA Financial Corp.	7.350	%	11/15/19		25			25
Commerce Group Inc.	5.950	%	12/9/13		50			50
Coventry Health Care Inc.	6.300	%	8/15/14		700			685
Genworth Financial Inc.	5.750	%	6/15/14		75			72
Genworth Financial Inc.	4.950	%	10/1/15		50			46
Genworth Financial Inc.	8.625	%	12/15/16		100			104
Genworth Financial Inc.	6.500	%	6/15/34		150			122
Genworth Global Funding Trusts	5.125	%	3/15/11		300			304
Hartford Financial Services Group Inc.	5.250	%	10/15/11		275			284
Hartford Financial Services Group Inc.	5.500	%	10/15/16		175			167
Hartford Financial Services Group Inc.	5.375	%	3/15/17		125			121
Hartford Financial Services Group Inc.	6.000	%	1/15/19		100			97
Hartford Financial Services Group Inc.	6.100	%	10/1/41		600			473
HCC Insurance Holdings Inc.	6.300	%	11/15/19		250			253
Humana Inc.	6.450	%	6/1/16		175			177
Humana Inc.	6.300	%	8/1/18		50			48
Humana Inc.	8.150	%	6/15/38		300			286
5 Liberty Mutual Group Inc.	4.875	%	2/1/10		100			100
Lincoln National Corp.	5.650	%	8/27/12		50			52
Lincoln National Corp.	6.150	%	4/7/36		675			594
Loews Corp.	6.000	%	2/1/35		75			71
Markel Corp.	7.125	%	9/30/19		125			128
Marsh & McLennan Cos. Inc.	5.150	%	9/15/10		50			51
Marsh & McLennan Cos. Inc.	6.250	%	3/15/12		400			423
Marsh & McLennan Cos. Inc.	5.750	%	9/15/15		325			339
Marsh & McLennan Cos. Inc.	9.250	%	4/15/19		300			368
MetLife Inc.	5.375	%	12/15/12		150			160
MetLife Inc.	5.000	%	11/24/13		100			105
MetLife Inc.	5.000	%	6/15/15		500			529
MetLife Inc.	7.717	%	2/15/19		125			146
MetLife Inc.	6.375	%	6/15/34		350			375
MetLife Inc.	5.700	%	6/15/35		125			124
MetLife Inc.	6.400	%	12/15/36		435			381
5 Metropolitan Life Global Funding I	2.875	%	9/17/12		200			202
5 Metropolitan Life Global Funding I	5.125	%	6/10/14		775			820
OneBeacon US Holdings Inc.	5.875	%	5/15/13		100			99
Principal Financial Group Inc.	7.875	%	5/15/14		450			504
Principal Financial Group Inc.	6.050	%	10/15/36		225			199
Principal Life Income Funding Trusts	5.300	%	4/24/13		300			317
Principal Life Income Funding Trusts	5.100	%	4/15/14		150			154
Progressive Corp.	6.375	%	1/15/12		225			242
Progressive Corp.	6.625	%	3/1/29		100			102
3 Progressive Corp.	6.700	%	6/15/37		300			266
Protective Life Corp.	7.375	%	10/15/19		100			100
Protective Life Corp.	8.450	%	10/15/39		75			72
Protective Life Secured Trusts	4.850	%	8/16/10		225			230
Prudential Financial Inc.	5.100	%	12/14/11		35			37
Prudential Financial Inc.	5.800	%	6/15/12		325			345
Prudential Financial Inc.	3.625	%	9/17/12		300			307
Prudential Financial Inc.	5.150	%	1/15/13		345			364
Prudential Financial Inc.	4.500	%	7/15/13		100			101
Prudential Financial Inc.	4.750	%	4/1/14		175			180


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Prudential Financial Inc.	5.100	%	9/20/14		375			391
Prudential Financial Inc.	6.200	%	1/15/15		625			670
Prudential Financial Inc.	5.500	%	3/15/16		50			51
Prudential Financial Inc.	6.100	%	6/15/17		75			77
Prudential Financial Inc.	6.000	%	12/1/17		225			231
Prudential Financial Inc.	5.750	%	7/15/33		200			180
Prudential Financial Inc.	5.400	%	6/13/35		200			171
Prudential Financial Inc.	5.900	%	3/17/36		300			278
Prudential Financial Inc.	5.700	%	12/14/36		225			203
Swiss Re Solutions Holding Corp.	6.450	%	3/1/19		225			224
Swiss Re Solutions Holding Corp.	7.000	%	2/15/26		200			197
Swiss Re Solutions Holding Corp.	7.750	%	6/15/30		150			152
Torchmark Corp.	6.375	%	6/15/16		225			226
Transatlantic Holdings Inc.	8.000	%	11/30/39		350			351
Travelers Cos. Inc.	5.500	%	12/1/15		150			162
Travelers Cos. Inc.	6.250	%	6/20/16		375			409
Travelers Cos. Inc.	5.750	%	12/15/17		325			343
Travelers Cos. Inc.	5.900	%	6/2/19		275			299
3 Travelers Cos. Inc.	6.250	%	3/15/37		135			122
Travelers Cos. Inc.	6.250	%	6/15/37		250			263
UnitedHealth Group Inc.	5.500	%	11/15/12		50			54
UnitedHealth Group Inc.	4.875	%	2/15/13		275			289
UnitedHealth Group Inc.	4.875	%	4/1/13		250			263
UnitedHealth Group Inc.	5.000	%	8/15/14		100			105
UnitedHealth Group Inc.	4.875	%	3/15/15		250			259
UnitedHealth Group Inc.	6.000	%	6/15/17		525			547
UnitedHealth Group Inc.	6.000	%	11/15/17		100			104
UnitedHealth Group Inc.	5.800	%	3/15/36		1,000			893
UnitedHealth Group Inc.	6.500	%	6/15/37		150			147
UnitedHealth Group Inc.	6.625	%	11/15/37		300			305
UnitedHealth Group Inc.	6.875	%	2/15/38		325			337
Unum Group	7.125	%	9/30/16		200			207
WellPoint Health Networks Inc.	6.375	%	1/15/12		125			135
WellPoint Inc.	5.000	%	1/15/11		475			493
WellPoint Inc.	6.000	%	2/15/14		150			163
WellPoint Inc.	5.000	%	12/15/14		225			234
WellPoint Inc.	5.250	%	1/15/16		50			50
WellPoint Inc.	5.875	%	6/15/17		20			21
WellPoint Inc.	5.950	%	12/15/34		550			521
WellPoint Inc.	5.850	%	1/15/36		725			678
Willis North America Inc.	5.625	%	7/15/15		225			221
Willis North America Inc.	6.200	%	3/28/17		370			355
XL Capital Ltd.	5.250	%	9/15/14		475			473
XL Capital Ltd.	6.375	%	11/15/24		50			45
XL Capital Ltd.	6.250	%	5/15/27		400			361
3 XL Capital Ltd.	6.500	%	12/15/49		225			171

Other Finance (0.0%)
CME Group Inc.	5.400	%	8/1/13		500			536
CME Group Inc.	5.750	%	2/15/14		175			191
ORIX Corp.	5.480	%	11/22/11		325			326
XTRA Finance Corp.	5.150	%	4/1/17		900			915

Real Estate Investment Trusts (0.3%)
AMB Property LP	6.625	%	12/1/19		150			147
Arden Realty LP	5.250	%	3/1/15		50			52


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
AvalonBay Communities Inc.	5.500	%	1/15/12		66			69
AvalonBay Communities Inc.	5.750	%	9/15/16		50			51
Boston Properties LP	6.250	%	1/15/13		250			267
Boston Properties LP	5.625	%	4/15/15		150			154
Brandywine Operating Partnership LP	5.750	%	4/1/12		137			138
Brandywine Operating Partnership LP	5.400	%	11/1/14		50			47
Brandywine Operating Partnership LP	5.700	%	5/1/17		305			274
Camden Property Trust	5.700	%	5/15/17		225			215
Duke Realty LP	6.250	%	5/15/13		400			409
Duke Realty LP	7.375	%	2/15/15		150			159
Duke Realty LP	5.950	%	2/15/17		100			93
Duke Realty LP	8.250	%	8/15/19		125			131
ERP Operating LP	6.625	%	3/15/12		75			80
ERP Operating LP	5.500	%	10/1/12		300			316
ERP Operating LP	5.125	%	3/15/16		475			463
ERP Operating LP	5.375	%	8/1/16		100			98
ERP Operating LP	5.750	%	6/15/17		200			200
HCP Inc.	6.450	%	6/25/12		775			806
HCP Inc.	5.650	%	12/15/13		105			105
HCP Inc.	6.300	%	9/15/16		165			162
HCP Inc.	6.700	%	1/30/18		175			170
Health Care REIT Inc.	6.200	%	6/1/16		725			709
Healthcare Realty Trust Inc.	6.500	%	1/17/17		250			244
Hospitality Properties Trust	7.875	%	8/15/14		200			207
Hospitality Properties Trust	5.125	%	2/15/15		300			271
HRPT Properties Trust	6.250	%	8/15/16		100			95
HRPT Properties Trust	6.250	%	6/15/17		275			248
Kimco Realty Corp.	5.783	%	3/15/16		50			50
Kimco Realty Corp.	6.875	%	10/1/19		150			153
Liberty Property LP	5.125	%	3/2/15		875			831
Liberty Property LP	5.500	%	12/15/16		75			69
Mack-Cali Realty LP	7.750	%	8/15/19		125			130
National Retail Properties Inc.	6.875	%	10/15/17		200			193
Nationwide Health Properties Inc.	6.250	%	2/1/13		300			307
ProLogis	5.625	%	11/15/15		325			309
ProLogis	5.750	%	4/1/16		225			211
ProLogis	5.625	%	11/15/16		225			208
ProLogis	7.375	%	10/30/19		100			99
Realty Income Corp.	6.750	%	8/15/19		860			841
Regency Centers LP	6.750	%	1/15/12		600			630
Simon Property Group LP	4.875	%	8/15/10		125			127
Simon Property Group LP	5.600	%	9/1/11		225			236
Simon Property Group LP	5.000	%	3/1/12		150			155
Simon Property Group LP	5.300	%	5/30/13		610			629
Simon Property Group LP	6.750	%	5/15/14		775			826
Simon Property Group LP	5.750	%	12/1/15		425			433
Simon Property Group LP	6.100	%	5/1/16		50			51
Simon Property Group LP	5.875	%	3/1/17		425			429
Simon Property Group LP	6.125	%	5/30/18		425			432
Tanger Properties LP	6.150	%	11/15/15		225			220
								289,620
Industrial (10.0%)
Basic Industry (0.9%)
Agrium Inc.	6.750	%	1/15/19		100			107
Airgas Inc.	4.500	%	9/15/14		125			127
Alcoa Inc.	5.720	%	2/23/19		790			764


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Alcoa Inc.	5.870	%	2/23/22		185			172
Alcoa Inc.	5.900	%	2/1/27		450			402
Alcoa Inc.	5.950	%	2/1/37		500			432
ArcelorMittal	5.375	%	6/1/13		825			865
ArcelorMittal	9.000	%	2/15/15		225			262
ArcelorMittal	6.125	%	6/1/18		350			358
ArcelorMittal	9.850	%	6/1/19		175			225
ArcelorMittal	7.000	%	10/15/39		350			369
Barrick Australian Finance Pty Ltd.	5.950	%	10/15/39		600			586
Barrick Gold Corp.	6.950	%	4/1/19		150			170
Barrick Gold Finance Co.	4.875	%	11/15/14		100			105
Barrick North America Finance LLC	6.800	%	9/15/18		225			251
Barrick North America Finance LLC	7.500	%	9/15/38		300			346
BHP Billiton Finance USA Ltd.	8.500	%	12/1/12		125			146
BHP Billiton Finance USA Ltd.	4.800	%	4/15/13		325			345
BHP Billiton Finance USA Ltd.	5.500	%	4/1/14		765			839
BHP Billiton Finance USA Ltd.	5.250	%	12/15/15		325			352
BHP Billiton Finance USA Ltd.	5.400	%	3/29/17		135			144
BHP Billiton Finance USA Ltd.	6.500	%	4/1/19		450			517
Celulosa Arauco y Constitucion SA	5.625	%	4/20/15		350			367
Commercial Metals Co.	6.500	%	7/15/17		125			127
Commercial Metals Co.	7.350	%	8/15/18		350			373
Cytec Industries Inc.	8.950	%	7/1/17		100			119
Dow Chemical Co.	6.125	%	2/1/11		675			705
Dow Chemical Co.	4.850	%	8/15/12		550			578
Dow Chemical Co.	6.000	%	10/1/12		50			54
Dow Chemical Co.	7.600	%	5/15/14		675			768
Dow Chemical Co.	5.900	%	2/15/15		1,675			1,802
Dow Chemical Co.	8.550	%	5/15/19		700			835
Dow Chemical Co.	7.375	%	11/1/29		500			543
Dow Chemical Co.	9.400	%	5/15/39		125			167
Eastman Chemical Co.	7.250	%	1/15/24		225			244
Eastman Chemical Co.	7.600	%	2/1/27		125			137
EI du Pont de Nemours & Co.	4.750	%	11/15/12		425			458
EI du Pont de Nemours & Co.	5.000	%	1/15/13		50			54
EI du Pont de Nemours & Co.	5.000	%	7/15/13		525			569
EI du Pont de Nemours & Co.	5.875	%	1/15/14		225			249
EI du Pont de Nemours & Co.	5.250	%	12/15/16		50			53
EI du Pont de Nemours & Co.	6.000	%	7/15/18		1,275			1,394
EI du Pont de Nemours & Co.	6.500	%	1/15/28		75			81
Freeport-McMoRan Copper & Gold Inc.	8.250	%	4/1/15		770			834
Freeport-McMoRan Copper & Gold Inc.	8.375	%	4/1/17		825			902
International Paper Co.	5.300	%	4/1/15		225			231
International Paper Co.	9.375	%	5/15/19		600			745
International Paper Co.	7.500	%	8/15/21		1,325			1,479
International Paper Co.	7.300	%	11/15/39		325			344
Lubrizol Corp.	8.875	%	2/1/19		850			1,047
Lubrizol Corp.	6.500	%	10/1/34		750			770
Monsanto Co.	7.375	%	8/15/12		225			255
Newmont Mining Corp.	5.125	%	10/1/19		900			903
Newmont Mining Corp.	5.875	%	4/1/35		100			95
Newmont Mining Corp.	6.250	%	10/1/39		275			276
Nucor Corp.	5.750	%	12/1/17		100			107
Nucor Corp.	5.850	%	6/1/18		325			350
Nucor Corp.	6.400	%	12/1/37		225			243
Placer Dome Inc.	6.450	%	10/15/35		425			426


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Plum Creek Timberlands LP	5.875	%	11/15/15		225			230
Potash Corp. of Saskatchewan Inc.	7.750	%	5/31/11		775			840
Potash Corp. of Saskatchewan Inc.	3.750	%	9/30/15		300			299
Potash Corp. of Saskatchewan Inc.	4.875	%	3/30/20		300			294
PPG Industries Inc.	6.650	%	3/15/18		675			735
Praxair Inc.	1.750	%	11/15/12		125			124
Praxair Inc.	4.375	%	3/31/14		375			396
Praxair Inc.	5.250	%	11/15/14		325			355
Praxair Inc.	5.200	%	3/15/17		25			26
Praxair Inc.	4.500	%	8/15/19		150			151
Rio Tinto Alcan Inc.	6.450	%	3/15/11		250			262
Rio Tinto Alcan Inc.	4.875	%	9/15/12		300			317
Rio Tinto Alcan Inc.	4.500	%	5/15/13		225			231
Rio Tinto Alcan Inc.	5.000	%	6/1/15		50			51
Rio Tinto Alcan Inc.	6.125	%	12/15/33		700			699
Rio Tinto Finance USA Ltd.	5.875	%	7/15/13		510			551
Rio Tinto Finance USA Ltd.	8.950	%	5/1/14		900			1,078
Rio Tinto Finance USA Ltd.	6.500	%	7/15/18		375			410
Rio Tinto Finance USA Ltd.	9.000	%	5/1/19		625			791
Rio Tinto Finance USA Ltd.	7.125	%	7/15/28		175			196
3 Rohm & Haas Holdings Ltd.	9.800	%	4/15/20		113			126
Sherwin-Williams Co.	3.125	%	12/15/14		200			199
Southern Copper Corp.	7.500	%	7/27/35		375			362
Vale Inco Ltd.	7.750	%	5/15/12		100			109
Vale Inco Ltd.	5.700	%	10/15/15		200			202
Vale Overseas Ltd.	6.250	%	1/11/16		50			53
Vale Overseas Ltd.	6.250	%	1/23/17		200			210
Vale Overseas Ltd.	8.250	%	1/17/34		150			173
Vale Overseas Ltd.	6.875	%	11/21/36		1,424			1,436
Valspar Corp.	7.250	%	6/15/19		50			54
WMC Finance USA Ltd.	5.125	%	5/15/13		425			455
Xstrata Canada Corp.	7.350	%	6/5/12		125			135
Xstrata Canada Corp.	7.250	%	7/15/12		425			459
Xstrata Canada Corp.	5.500	%	6/15/17		400			386

Capital Goods (1.0%)
3M Co.	4.500	%	11/1/11		425			450
3M Co.	6.375	%	2/15/28		275			305
5 Acuity Brands Lighting Inc.	6.000	%	12/15/19		125			120
Allied Waste North America Inc.	7.125	%	5/15/16		975			1,038
Bemis Co. Inc.	4.875	%	4/1/12		200			207
Bemis Co. Inc.	5.650	%	8/1/14		50			53
Black & Decker Corp.	7.125	%	6/1/11		225			240
Boeing Capital Corp.	6.500	%	2/15/12		875			956
Boeing Co.	1.875	%	11/20/12		300			299
Boeing Co.	3.500	%	2/15/15		600			603
Boeing Co.	4.875	%	2/15/20		150			151
Boeing Co.	7.250	%	6/15/25		375			419
Boeing Co.	8.750	%	9/15/31		75			100
Boeing Co.	6.125	%	2/15/33		50			52
Boeing Co.	5.875	%	2/15/40		150			155
Caterpillar Financial Services Corp.	1.900	%	12/17/12		1,100			1,093
Caterpillar Financial Services Corp.	4.250	%	2/8/13		500			517
Caterpillar Financial Services Corp.	6.125	%	2/17/14		975			1,088
Caterpillar Financial Services Corp.	4.750	%	2/17/15		50			52
Caterpillar Financial Services Corp.	4.625	%	6/1/15		125			129


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Caterpillar Financial Services Corp.	7.150	%	2/15/19		900			1,037
Caterpillar Inc.	7.300	%	5/1/31		425			505
Caterpillar Inc.	7.375	%	3/1/97		325			344
Cooper US Inc.	5.250	%	11/15/12		225			242
CRH America Inc.	5.625	%	9/30/11		225			236
CRH America Inc.	6.950	%	3/15/12		350			378
CRH America Inc.	5.300	%	10/15/13		200			209
CRH America Inc.	6.000	%	9/30/16		475			494
Danaher Corp.	5.625	%	1/15/18		150			161
Deere & Co.	6.950	%	4/25/14		150			174
Deere & Co.	4.375	%	10/16/19		350			351
Deere & Co.	5.375	%	10/16/29		250			250
Deere & Co.	8.100	%	5/15/30		500			637
Deere & Co.	7.125	%	3/3/31		300			355
Dover Corp.	5.450	%	3/15/18		350			369
Dover Corp.	6.600	%	3/15/38		200			227
Eaton Corp.	5.600	%	5/15/18		525			552
Embraer Overseas Ltd.	6.375	%	1/24/17		125			126
Embraer Overseas Ltd.	6.375	%	1/15/20		175			174
Emerson Electric Co.	7.125	%	8/15/10		375			390
Emerson Electric Co.	4.500	%	5/1/13		175			185
Emerson Electric Co.	5.250	%	10/15/18		400			422
Emerson Electric Co.	4.875	%	10/15/19		375			386
Emerson Electric Co.	4.250	%	11/15/20		25			24
Emerson Electric Co.	5.250	%	11/15/39		325			314
General Dynamics Corp.	4.250	%	5/15/13		750			793
General Electric Co.	5.000	%	2/1/13		1,325			1,403
General Electric Co.	5.250	%	12/6/17		2,880			2,938
Goodrich Corp.	6.125	%	3/1/19		550			601
Goodrich Corp.	6.800	%	7/1/36		80			87
Harsco Corp.	5.750	%	5/15/18		325			320
Honeywell International Inc.	6.125	%	11/1/11		150			164
Honeywell International Inc.	5.625	%	8/1/12		300			328
Honeywell International Inc.	4.250	%	3/1/13		125			132
Honeywell International Inc.	3.875	%	2/15/14		425			443
Honeywell International Inc.	5.300	%	3/1/18		50			53
Honeywell International Inc.	5.000	%	2/15/19		325			337
Honeywell International Inc.	5.700	%	3/15/36		50			51
Illinois Tool Works Inc.	5.150	%	4/1/14		375			409
Illinois Tool Works Inc.	6.250	%	4/1/19		225			253
Ingersoll-Rand Global Holding Co. Ltd.	6.000	%	8/15/13		200			215
Ingersoll-Rand Global Holding Co. Ltd.	9.500	%	4/15/14		250			300
Ingersoll-Rand Global Holding Co. Ltd.	6.875	%	8/15/18		200			222
John Deere Capital Corp.	5.400	%	10/17/11		625			667
John Deere Capital Corp.	5.350	%	1/17/12		200			214
John Deere Capital Corp.	5.250	%	10/1/12		550			592
John Deere Capital Corp.	4.950	%	12/17/12		50			54
John Deere Capital Corp.	4.900	%	9/9/13		150			161
John Deere Capital Corp.	5.500	%	4/13/17		50			53
Joy Global Inc.	6.000	%	11/15/16		100			102
5 L-3 Communications Corp.	5.200	%	10/15/19		225			225
Lafarge SA	6.150	%	7/15/11		50			52
Lafarge SA	6.500	%	7/15/16		400			423
Lafarge SA	7.125	%	7/15/36		325			343
Lockheed Martin Corp.	7.650	%	5/1/16		625			750
Lockheed Martin Corp.	4.250	%	11/15/19		75			73


Institutional Total Bond Market Index Fu nd



						Face			Market
				Maturity		Amount			Value^•
		Coupon		Date	($	000	)	($	000	)
	Lockheed Martin Corp.	6.150	%	9/1/36		325			346
	Lockheed Martin Corp.	5.500	%	11/15/39		50			49
	Martin Marietta Materials Inc.	6.600	%	4/15/18		375			386
	Northrop Grumman Systems Corp.	7.125	%	2/15/11		450			477
	Northrop Grumman Systems Corp.	7.750	%	3/1/16		125			149
	Northrop Grumman Systems Corp.	7.750	%	2/15/31		100			123
	Parker Hannifin Corp.	5.500	%	5/15/18		100			106
	Parker Hannifin Corp.	6.250	%	5/15/38		100			108
	Raytheon Co.	5.500	%	11/15/12		325			356
	Raytheon Co.	7.200	%	8/15/27		225			267
	Republic Services Inc.	6.750	%	8/15/11		150			158
5	Republic Services Inc.	5.250	%	11/15/21		450			441
	Republic Services Inc.	6.086	%	3/15/35		150			143
	Rockwell Automation Inc.	5.650	%	12/1/17		125			133
	Rockwell Automation Inc.	6.700	%	1/15/28		75			80
	Rockwell Automation Inc.	6.250	%	12/1/37		325			337
	Rockwell Collins Inc.	5.250	%	7/15/19		50			53
	Roper Industries Inc.	6.625	%	8/15/13		600			655
	Roper Industries Inc.	6.250	%	9/1/19		50			52
3,5	Systems 2001 AT LLC	7.156	%	12/15/11		23			24
	Tyco International Finance SA	6.750	%	2/15/11		1,200			1,261
	Tyco International Ltd./
	Tyco International Finance SA	7.000	%	12/15/19		500			563
	United Technologies Corp.	6.350	%	3/1/11		450			477
	United Technologies Corp.	6.100	%	5/15/12		125			137
	United Technologies Corp.	4.875	%	5/1/15		125			135
	United Technologies Corp.	5.375	%	12/15/17		300			321
	United Technologies Corp.	6.125	%	2/1/19		725			803
	United Technologies Corp.	7.500	%	9/15/29		150			183
	United Technologies Corp.	5.400	%	5/1/35		225			224
	Vulcan Materials Co.	6.300	%	6/15/13		150			160
	Vulcan Materials Co.	7.000	%	6/15/18		300			325
	Waste Management Inc.	6.375	%	11/15/12		100			110
	Waste Management Inc.	5.000	%	3/15/14		775			820
	Waste Management Inc.	6.375	%	3/11/15		150			167
	Waste Management Inc.	7.375	%	3/11/19		125			145
	Waste Management Inc.	7.000	%	7/15/28		80			87
	Waste Management Inc.	6.125	%	11/30/39		350			352

	Communication (2.3%)
	America Movil SAB de CV	5.500	%	3/1/14		100			107
	America Movil SAB de CV	5.750	%	1/15/15		650			688
	America Movil SAB de CV	6.375	%	3/1/35		300			312
	America Movil SAB de CV	6.125	%	11/15/37		325			325
5	American Tower Corp.	4.625	%	4/1/15		75			76
	AT&T Corp.	7.300	%	11/15/11		1,375			1,516
	AT&T Corp.	8.000	%	11/15/31		1,475			1,803
	AT&T Inc.	6.250	%	3/15/11		175			185
	AT&T Inc.	5.875	%	2/1/12		385			417
	AT&T Inc.	5.875	%	8/15/12		615			674
	AT&T Inc.	4.950	%	1/15/13		460			492
	AT&T Inc.	4.850	%	2/15/14		675			721
	AT&T Inc.	5.100	%	9/15/14		1,885			2,038
	AT&T Inc.	5.625	%	6/15/16		520			557
	AT&T Inc.	5.800	%	2/15/19		950			1,017
	AT&T Inc.	6.450	%	6/15/34		425			436


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
AT&T Inc.	6.500	%	9/1/37		1,750			1,813
AT&T Inc.	6.300	%	1/15/38		525			534
AT&T Inc.	6.400	%	5/15/38		425			440
AT&T Inc.	6.550	%	2/15/39		375			396
AT&T Mobility LLC	6.500	%	12/15/11		950			1,034
AT&T Mobility LLC	7.125	%	12/15/31		645			726
Bellsouth Capital Funding Corp.	7.875	%	2/15/30		300			341
BellSouth Corp.	5.200	%	9/15/14		25			27
BellSouth Corp.	5.200	%	12/15/16		225			232
BellSouth Corp.	6.875	%	10/15/31		200			208
BellSouth Corp.	6.550	%	6/15/34		225			225
BellSouth Corp.	6.000	%	11/15/34		230			222
BellSouth Telecommunications Inc.	6.375	%	6/1/28		735			730
British Telecommunications PLC	9.125	%	12/15/10		640			685
British Telecommunications PLC	5.150	%	1/15/13		290			302
British Telecommunications PLC	5.950	%	1/15/18		325			330
British Telecommunications PLC	9.625	%	12/15/30		875			1,121
CBS Corp.	6.625	%	5/15/11		570			597
CBS Corp.	5.625	%	8/15/12		210			218
CBS Corp.	7.875	%	7/30/30		255			275
CBS Corp.	5.500	%	5/15/33		75			63
Cellco Partnership/Verizon Wireless Capital LLC	3.750	%	5/20/11		200			206
Cellco Partnership/Verizon Wireless Capital LLC	5.250	%	2/1/12		550			583
Cellco Partnership/Verizon Wireless Capital LLC	7.375	%	11/15/13		1,300			1,495
Cellco Partnership/Verizon Wireless Capital LLC	5.550	%	2/1/14		1,225			1,335
Cellco Partnership/Verizon Wireless Capital LLC	8.500	%	11/15/18		600			749
CenturyTel Inc.	6.150	%	9/15/19		50			52
CenturyTel Inc.	6.875	%	1/15/28		75			70
CenturyTel Inc.	7.600	%	9/15/39		275			284
Comcast Cable Communications Holdings Inc.	8.375	%	3/15/13		15			17
Comcast Cable Communications Holdings Inc.	9.455	%	11/15/22		75			98
Comcast Cable Communications LLC	6.750	%	1/30/11		1,550			1,637
Comcast Cable Communications LLC	8.875	%	5/1/17		275			331
Comcast Corp.	5.500	%	3/15/11		315			329
Comcast Corp.	5.300	%	1/15/14		675			722
Comcast Corp.	6.500	%	1/15/15		110			123
Comcast Corp.	5.900	%	3/15/16		125			134
Comcast Corp.	6.500	%	1/15/17		100			111
Comcast Corp.	6.300	%	11/15/17		50			55
Comcast Corp.	5.700	%	5/15/18		325			343
Comcast Corp.	5.700	%	7/1/19		450			471
Comcast Corp.	6.500	%	11/15/35		3,300			3,411
Comcast Corp.	6.400	%	5/15/38		75			77
COX Communications Inc.	7.125	%	10/1/12		200			221
COX Communications Inc.	5.450	%	12/15/14		760			815
Deutsche Telekom International Finance BV	5.875	%	8/20/13		350			378
Deutsche Telekom International Finance BV	4.875	%	7/8/14		425			447
Deutsche Telekom International Finance BV	5.750	%	3/23/16		370			395
Deutsche Telekom International Finance BV	6.000	%	7/8/19		575			612
Deutsche Telekom International Finance BV	8.750	%	6/15/30		950			1,232
5 DirecTV Holdings LLC/
DirecTV Financing Co. Inc.	4.750	%	10/1/14		200			203
DirecTV Holdings LLC/
DirecTV Financing Co. Inc.	7.625	%	5/15/16		100			109
5 DirecTV Holdings LLC/
DirecTV Financing Co. Inc.	5.875	%	10/1/19		1,950			1,970


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Embarq Corp.	7.082	%	6/1/16		1,175			1,286
Embarq Corp.	7.995	%	6/1/36		500			544
France Telecom SA	7.750	%	3/1/11		1,075			1,156
France Telecom SA	4.375	%	7/8/14		75			79
France Telecom SA	8.500	%	3/1/31		675			897
Grupo Televisa SA	6.625	%	3/18/25		275			272
5 Grupo Televisa SA	6.625	%	1/15/40		75			74
GTE Corp.	8.750	%	11/1/21		75			93
Koninklijke KPN NV	8.375	%	10/1/30		225			284
McGraw-Hill Cos. Inc.	5.375	%	11/15/12		325			343
McGraw-Hill Cos. Inc.	5.900	%	11/15/17		350			358
New Cingular Wireless Services Inc.	7.875	%	3/1/11		615			661
New Cingular Wireless Services Inc.	8.125	%	5/1/12		325			367
New Cingular Wireless Services Inc.	8.750	%	3/1/31		440			569
News America Holdings Inc.	8.000	%	10/17/16		365			432
News America Holdings Inc.	8.150	%	10/17/36		75			84
News America Inc.	5.300	%	12/15/14		375			407
News America Inc.	6.550	%	3/15/33		325			337
News America Inc.	6.200	%	12/15/34		1,125			1,120
News America Inc.	6.400	%	12/15/35		1,475			1,516
Omnicom Group Inc.	5.900	%	4/15/16		25			26
Qwest Corp.	7.875	%	9/1/11		325			340
Qwest Corp.	8.875	%	3/15/12		325			350
Qwest Corp.	7.500	%	10/1/14		300			310
Qwest Corp.	6.500	%	6/1/17		225			219
Qwest Corp.	7.500	%	6/15/23		300			282
Qwest Corp.	6.875	%	9/15/33		300			259
Reed Elsevier Capital Inc.	4.625	%	6/15/12		50			52
Reed Elsevier Capital Inc.	7.750	%	1/15/14		225			254
Reed Elsevier Capital Inc.	8.625	%	1/15/19		225			276
Rogers Communications Inc.	6.375	%	3/1/14		1,400			1,548
Rogers Communications Inc.	5.500	%	3/15/14		400			432
Rogers Communications Inc.	6.800	%	8/15/18		975			1,090
RR Donnelley & Sons Co.	4.950	%	4/1/14		50			49
RR Donnelley & Sons Co.	5.500	%	5/15/15		75			74
RR Donnelley & Sons Co.	8.600	%	8/15/16		600			649
TCI Communications Inc.	8.750	%	8/1/15		300			359
TCI Communications Inc.	7.875	%	2/15/26		155			175
Telecom Italia Capital SA	6.200	%	7/18/11		765			811
Telecom Italia Capital SA	5.250	%	11/15/13		220			232
Telecom Italia Capital SA	6.175	%	6/18/14		25			27
Telecom Italia Capital SA	4.950	%	9/30/14		135			140
Telecom Italia Capital SA	5.250	%	10/1/15		1,775			1,861
Telecom Italia Capital SA	7.175	%	6/18/19		125			140
Telecom Italia Capital SA	6.375	%	11/15/33		1,285			1,268
Telecom Italia Capital SA	6.000	%	9/30/34		25			23
Telecom Italia Capital SA	7.200	%	7/18/36		305			328
Telecom Italia Capital SA	7.721	%	6/4/38		45			52
Telefonica Emisiones SAU	5.984	%	6/20/11		400			424
Telefonica Emisiones SAU	4.949	%	1/15/15		575			619
Telefonica Emisiones SAU	6.421	%	6/20/16		950			1,058
Telefonica Emisiones SAU	5.877	%	7/15/19		325			348
Telefonica Emisiones SAU	7.045	%	6/20/36		505			576
Telefonica Europe BV	8.250	%	9/15/30		175			219
Telefonos de Mexico SAB de CV	5.500	%	1/27/15		1,275			1,320
TELUS Corp.	8.000	%	6/1/11		350			379


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Thomson Reuters Corp.	6.200	%	1/5/12		200			216
Thomson Reuters Corp.	5.950	%	7/15/13		165			181
Thomson Reuters Corp.	5.700	%	10/1/14		475			522
Thomson Reuters Corp.	6.500	%	7/15/18		50			56
Thomson Reuters Corp.	4.700	%	10/15/19		275			272
Thomson Reuters Corp.	5.500	%	8/15/35		100			96
Time Warner Cable Inc.	5.400	%	7/2/12		250			267
Time Warner Cable Inc.	6.200	%	7/1/13		775			848
Time Warner Cable Inc.	8.250	%	2/14/14		150			175
Time Warner Cable Inc.	7.500	%	4/1/14		175			202
Time Warner Cable Inc.	3.500	%	2/1/15		175			173
Time Warner Cable Inc.	5.850	%	5/1/17		650			682
Time Warner Cable Inc.	6.750	%	7/1/18		1,275			1,406
Time Warner Cable Inc.	8.750	%	2/14/19		400			488
Time Warner Cable Inc.	8.250	%	4/1/19		225			268
Time Warner Cable Inc.	5.000	%	2/1/20		425			413
Time Warner Cable Inc.	6.550	%	5/1/37		550			562
Time Warner Cable Inc.	6.750	%	6/15/39		925			969
Time Warner Entertainment Co. LP	10.150	%	5/1/12		150			172
Time Warner Entertainment Co. LP	8.875	%	10/1/12		300			345
Time Warner Entertainment Co. LP	8.375	%	3/15/23		150			179
Time Warner Entertainment Co. LP	8.375	%	7/15/33		875			1,043
United States Cellular Corp.	6.700	%	12/15/33		150			147
Verizon Communications Inc.	5.350	%	2/15/11		100			105
Verizon Communications Inc.	5.250	%	4/15/13		350			379
Verizon Communications Inc.	4.900	%	9/15/15		425			456
Verizon Communications Inc.	5.550	%	2/15/16		950			1,016
Verizon Communications Inc.	8.750	%	11/1/18		375			475
Verizon Communications Inc.	6.350	%	4/1/19		650			720
Verizon Communications Inc.	5.850	%	9/15/35		1,050			1,021
Verizon Communications Inc.	6.400	%	2/15/38		480			507
Verizon Communications Inc.	6.900	%	4/15/38		60			67
Verizon Communications Inc.	8.950	%	3/1/39		1,225			1,669
Verizon Communications Inc.	7.350	%	4/1/39		800			931
Verizon Global Funding Corp.	6.875	%	6/15/12		1,500			1,667
Verizon Global Funding Corp.	7.375	%	9/1/12		300			339
Verizon Global Funding Corp.	7.750	%	12/1/30		625			739
Verizon Maryland Inc.	5.125	%	6/15/33		55			43
Verizon New England Inc.	6.500	%	9/15/11		325			349
Verizon New England Inc.	7.875	%	11/15/29		810			882
Verizon New York Inc.	6.875	%	4/1/12		135			147
Verizon New York Inc.	7.375	%	4/1/32		100			106
Verizon Pennsylvania Inc.	5.650	%	11/15/11		375			398
Verizon Virginia Inc.	4.625	%	3/15/13		125			130
Vodafone Group PLC	5.350	%	2/27/12		825			881
Vodafone Group PLC	5.000	%	12/16/13		800			846
Vodafone Group PLC	5.375	%	1/30/15		350			376
Vodafone Group PLC	5.750	%	3/15/16		200			216
Vodafone Group PLC	5.625	%	2/27/17		425			453
Vodafone Group PLC	7.875	%	2/15/30		375			450
Vodafone Group PLC	6.250	%	11/30/32		550			554
Vodafone Group PLC	6.150	%	2/27/37		125			129
Washington Post Co.	7.250	%	2/1/19		150			165
WPP Finance UK	5.875	%	6/15/14		200			203
WPP Finance UK	8.000	%	9/15/14		75			84


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Consumer Cyclical (1.0%)
AutoZone Inc.	5.750	%	1/15/15		375			402
Best Buy Co. Inc.	6.750	%	7/15/13		200			220
Costco Wholesale Corp.	5.500	%	3/15/17		850			913
CVS Caremark Corp.	5.750	%	8/15/11		350			372
CVS Caremark Corp.	4.875	%	9/15/14		100			106
CVS Caremark Corp.	6.125	%	8/15/16		350			377
CVS Caremark Corp.	5.750	%	6/1/17		200			211
CVS Caremark Corp.	6.250	%	6/1/27		800			814
3 CVS Caremark Corp.	6.302	%	6/1/37		300			258
CVS Caremark Corp.	6.125	%	9/15/39		400			394
Daimler Finance North America LLC	7.300	%	1/15/12		1,675			1,820
Daimler Finance North America LLC	6.500	%	11/15/13		1,075			1,180
Daimler Finance North America LLC	8.500	%	1/18/31		500			608
Darden Restaurants Inc.	5.625	%	10/15/12		275			294
Darden Restaurants Inc.	6.200	%	10/15/17		200			212
Darden Restaurants Inc.	6.800	%	10/15/37		200			207
Historic TW Inc.	9.125	%	1/15/13		1,000			1,163
Historic TW Inc.	9.150	%	2/1/23		125			153
Historic TW Inc.	6.625	%	5/15/29		700			734
Home Depot Inc.	5.250	%	12/16/13		925			990
Home Depot Inc.	5.400	%	3/1/16		1,375			1,435
Johnson Controls Inc.	5.250	%	1/15/11		100			104
Johnson Controls Inc.	6.000	%	1/15/36		125			107
Kohl's Corp.	6.250	%	12/15/17		150			165
Kohl's Corp.	6.000	%	1/15/33		100			101
Kohl's Corp.	6.875	%	12/15/37		150			170
Lowe's Cos. Inc.	5.600	%	9/15/12		100			110
Lowe's Cos. Inc.	5.400	%	10/15/16		425			456
Lowe's Cos. Inc.	6.100	%	9/15/17		200			222
Lowe's Cos. Inc.	6.875	%	2/15/28		200			224
Lowe's Cos. Inc.	5.800	%	10/15/36		375			383
Marriott International Inc	4.625	%	6/15/12		125			126
Marriott International Inc.	5.625	%	2/15/13		175			180
Marriott International Inc.	6.200	%	6/15/16		175			178
Marriott International Inc.	6.375	%	6/15/17		175			181
McDonald's Corp.	6.000	%	4/15/11		200			212
McDonald's Corp.	5.300	%	3/15/17		50			54
McDonald's Corp.	5.800	%	10/15/17		300			333
McDonald's Corp.	5.350	%	3/1/18		400			430
McDonald's Corp.	5.000	%	2/1/19		150			159
McDonald's Corp.	6.300	%	10/15/37		175			192
McDonald's Corp.	5.700	%	2/1/39		200			205
Nordstrom Inc.	6.250	%	1/15/18		75			81
Nordstrom Inc.	6.950	%	3/15/28		75			81
Nordstrom Inc.	7.000	%	1/15/38		125			139
PACCAR Financial Corp.	1.950	%	12/17/12		275			272
PACCAR Inc.	6.875	%	2/15/14		200			227
Staples Inc.	7.750	%	4/1/11		875			940
Staples Inc.	9.750	%	1/15/14		800			976
Target Corp.	6.350	%	1/15/11		125			132
Target Corp.	5.875	%	3/1/12		350			380
Target Corp.	5.125	%	1/15/13		425			462
Target Corp.	4.000	%	6/15/13		160			166
Target Corp.	6.000	%	1/15/18		425			468
Target Corp.	7.000	%	7/15/31		1,025			1,170


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Target Corp.	6.350	%	11/1/32		50			54
Target Corp.	6.500	%	10/15/37		75			83
Target Corp.	7.000	%	1/15/38		325			379
Time Warner Cos. Inc.	7.570	%	2/1/24		40			44
Time Warner Cos. Inc.	6.950	%	1/15/28		80			86
Time Warner Inc.	6.750	%	4/15/11		350			371
Time Warner Inc.	6.875	%	5/1/12		225			246
Time Warner Inc.	7.625	%	4/15/31		610			713
Time Warner Inc.	7.700	%	5/1/32		770			900
TJX Cos. Inc.	6.950	%	4/15/19		850			983
Toll Brothers Finance Corp.	5.950	%	9/15/13		16			16
Toll Brothers Finance Corp.	5.150	%	5/15/15		125			119
Toll Brothers Finance Corp.	6.750	%	11/1/19		100			96
Toyota Motor Credit Corp.	4.350	%	12/15/10		225			233
Toyota Motor Credit Corp.	5.450	%	5/18/11		125			132
VF Corp.	5.950	%	11/1/17		200			216
VF Corp.	6.450	%	11/1/37		150			157
Viacom Inc.	6.250	%	4/30/16		100			110
Viacom Inc.	6.125	%	10/5/17		550			593
Viacom Inc.	5.625	%	9/15/19		750			778
Wal-Mart Stores Inc.	4.550	%	5/1/13		1,100			1,169
Wal-Mart Stores Inc.	7.250	%	6/1/13		300			345
Wal-Mart Stores Inc.	3.200	%	5/15/14		275			279
Wal-Mart Stores Inc.	4.500	%	7/1/15		1,600			1,707
Wal-Mart Stores Inc.	5.375	%	4/5/17		100			108
Wal-Mart Stores Inc.	5.800	%	2/15/18		175			196
Wal-Mart Stores Inc.	5.875	%	4/5/27		1,075			1,159
Wal-Mart Stores Inc.	7.550	%	2/15/30		375			469
Wal-Mart Stores Inc.	5.250	%	9/1/35		150			149
Wal-Mart Stores Inc.	6.500	%	8/15/37		1,350			1,552
Wal-Mart Stores Inc.	6.200	%	4/15/38		45			50
Walgreen Co.	4.875	%	8/1/13		325			348
Walgreen Co.	5.250	%	1/15/19		625			665
Walt Disney Co.	5.700	%	7/15/11		550			588
Walt Disney Co.	6.375	%	3/1/12		300			329
Walt Disney Co.	4.500	%	12/15/13		325			345
Walt Disney Co.	5.625	%	9/15/16		600			652
Walt Disney Co.	5.875	%	12/15/17		400			432
Western Union Co.	5.400	%	11/17/11		100			107
Western Union Co.	6.500	%	2/26/14		625			701
Western Union Co.	5.930	%	10/1/16		225			244
Western Union Co.	6.200	%	11/17/36		150			151
Yum! Brands Inc.	8.875	%	4/15/11		150			163
Yum! Brands Inc.	7.700	%	7/1/12		100			112
Yum! Brands Inc.	6.875	%	11/15/37		650			705

Consumer Noncyclical (2.3%)
Abbott Laboratories	3.750	%	3/15/11		300			310
Abbott Laboratories	5.600	%	5/15/11		50			53
Abbott Laboratories	5.150	%	11/30/12		250			274
Abbott Laboratories	4.350	%	3/15/14		425			449
Abbott Laboratories	5.875	%	5/15/16		450			499
Abbott Laboratories	5.600	%	11/30/17		750			820
Abbott Laboratories	5.125	%	4/1/19		825			864
Abbott Laboratories	6.150	%	11/30/37		350			378
Abbott Laboratories	6.000	%	4/1/39		100			107


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Allergan Inc.	5.750	%	4/1/16		50			54
Altria Group Inc.	8.500	%	11/10/13		1,150			1,332
Altria Group Inc.	9.700	%	11/10/18		1,050			1,301
Altria Group Inc.	9.250	%	8/6/19		675			822
Altria Group Inc.	9.950	%	11/10/38		300			396
Altria Group Inc.	10.200	%	2/6/39		775			1,037
AmerisourceBergen Corp.	5.625	%	9/15/12		100			107
AmerisourceBergen Corp.	5.875	%	9/15/15		955			1,042
Amgen Inc.	4.850	%	11/18/14		325			350
Amgen Inc.	5.850	%	6/1/17		975			1,069
Amgen Inc.	5.700	%	2/1/19		300			324
Amgen Inc.	6.375	%	6/1/37		300			328
Amgen Inc.	6.400	%	2/1/39		215			236
Anheuser-Busch Cos. Inc.	6.000	%	4/15/11		300			317
Anheuser-Busch Cos. Inc.	6.800	%	8/20/32		200			214
Anheuser-Busch Cos. Inc.	5.750	%	4/1/36		575			550
5 Anheuser-Busch InBev Worldwide Inc.	3.000	%	10/15/12		1,050			1,059
5 Anheuser-Busch InBev Worldwide Inc.	4.125	%	1/15/15		600			608
5 Anheuser-Busch InBev Worldwide Inc.	5.375	%	1/15/20		1,100			1,118
5 Anheuser-Busch InBev Worldwide Inc.	6.375	%	1/15/40		50			52
Archer-Daniels-Midland Co.	5.450	%	3/15/18		500			533
Archer-Daniels-Midland Co.	7.000	%	2/1/31		200			231
Archer-Daniels-Midland Co.	5.935	%	10/1/32		600			609
Archer-Daniels-Midland Co.	5.375	%	9/15/35		150			145
Archer-Daniels-Midland Co.	6.450	%	1/15/38		150			167
AstraZeneca PLC	5.400	%	9/15/12		300			328
AstraZeneca PLC	5.400	%	6/1/14		525			576
AstraZeneca PLC	5.900	%	9/15/17		650			720
AstraZeneca PLC	6.450	%	9/15/37		950			1,065
Baxter FinCo BV	4.750	%	10/15/10		375			387
Baxter International Inc.	5.900	%	9/1/16		275			305
Baxter International Inc.	6.250	%	12/1/37		500			543
Becton Dickinson and Co.	5.000	%	5/15/19		50			52
Biogen Idec Inc.	6.000	%	3/1/13		525			565
Biogen Idec Inc.	6.875	%	3/1/18		775			827
Bottling Group LLC	4.625	%	11/15/12		1,025			1,103
Bottling Group LLC	5.000	%	11/15/13		125			135
Bottling Group LLC	6.950	%	3/15/14		675			782
Bottling Group LLC	5.500	%	4/1/16		225			243
Bristol-Myers Squibb Co.	5.250	%	8/15/13		425			463
Bristol-Myers Squibb Co.	5.450	%	5/1/18		125			135
Bristol-Myers Squibb Co.	5.875	%	11/15/36		600			629
Bristol-Myers Squibb Co.	6.875	%	8/1/97		75			82
Bunge Ltd. Finance Corp.	5.350	%	4/15/14		375			383
Bunge Ltd. Finance Corp.	5.100	%	7/15/15		100			99
Bunge Ltd. Finance Corp.	8.500	%	6/15/19		125			142
Campbell Soup Co.	6.750	%	2/15/11		575			613
Cardinal Health Inc.	5.650	%	6/15/12		9			10
5 CareFusion Corp.	4.125	%	8/1/12		50			52
5 CareFusion Corp.	5.125	%	8/1/14		125			131
5 CareFusion Corp.	6.375	%	8/1/19		75			81
Cia de Bebidas das Americas	10.500	%	12/15/11		400			461
Cia de Bebidas das Americas	8.750	%	9/15/13		295			343
Clorox Co.	4.200	%	1/15/10		25			25
Clorox Co.	5.450	%	10/15/12		625			675
Clorox Co.	3.550	%	11/1/15		225			224


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Coca-Cola Co.	5.350	%	11/15/17		550			597
Coca-Cola Co.	4.875	%	3/15/19		550			575
Coca-Cola Enterprises Inc.	5.000	%	8/15/13		425			459
Coca-Cola Enterprises Inc.	7.375	%	3/3/14		125			146
Coca-Cola Enterprises Inc.	4.250	%	3/1/15		375			395
Coca-Cola Enterprises Inc.	4.500	%	8/15/19		75			75
Coca-Cola Enterprises Inc.	8.500	%	2/1/22		225			288
Coca-Cola Enterprises Inc.	7.000	%	10/1/26		550			640
Coca-Cola Enterprises Inc.	6.950	%	11/15/26		225			255
Coca-Cola Enterprises Inc.	6.750	%	9/15/28		100			113
ConAgra Foods Inc.	7.125	%	10/1/26		200			217
ConAgra Foods Inc.	7.000	%	10/1/28		50			53
ConAgra Foods Inc.	8.250	%	9/15/30		100			120
Covidien International Finance SA	6.000	%	10/15/17		500			539
Covidien International Finance SA	6.550	%	10/15/37		325			363
CR Bard Inc.	6.700	%	12/1/26		325			346
Delhaize Group SA	5.875	%	2/1/14		250			268
Diageo Capital PLC	5.200	%	1/30/13		150			161
Diageo Capital PLC	7.375	%	1/15/14		900			1,040
Diageo Capital PLC	5.750	%	10/23/17		475			512
Diageo Finance BV	5.300	%	10/28/15		50			54
Diageo Investment Corp.	9.000	%	8/15/11		775			862
Dr Pepper Snapple Group Inc.	1.700	%	12/21/11		175			175
Dr Pepper Snapple Group Inc.	2.350	%	12/21/12		200			200
Dr Pepper Snapple Group Inc.	6.120	%	5/1/13		75			82
Dr Pepper Snapple Group Inc.	6.820	%	5/1/18		225			254
Dr Pepper Snapple Group Inc.	7.450	%	5/1/38		50			59
Eli Lilly & Co.	3.550	%	3/6/12		425			442
Eli Lilly & Co.	6.000	%	3/15/12		400			437
Eli Lilly & Co.	5.500	%	3/15/27		500			505
Express Scripts Inc.	5.250	%	6/15/12		250			266
Express Scripts Inc.	6.250	%	6/15/14		275			301
Express Scripts Inc.	7.250	%	6/15/19		100			114
Fortune Brands Inc.	5.125	%	1/15/11		500			515
Fortune Brands Inc.	3.000	%	6/1/12		425			422
Fortune Brands Inc.	6.375	%	6/15/14		200			214
Fortune Brands Inc.	5.875	%	1/15/36		100			86
Genentech Inc.	4.750	%	7/15/15		225			240
Genentech Inc.	5.250	%	7/15/35		100			96
General Mills Inc.	6.000	%	2/15/12		1,508			1,632
General Mills Inc.	5.650	%	9/10/12		25			27
General Mills Inc.	5.250	%	8/15/13		500			540
General Mills Inc.	5.200	%	3/17/15		135			145
GlaxoSmithKline Capital Inc.	4.850	%	5/15/13		1,025			1,095
GlaxoSmithKline Capital Inc.	4.375	%	4/15/14		400			422
GlaxoSmithKline Capital Inc.	5.650	%	5/15/18		650			700
GlaxoSmithKline Capital Inc.	6.375	%	5/15/38		1,125			1,251
Hasbro Inc.	6.300	%	9/15/17		425			449
Hershey Co.	5.450	%	9/1/16		50			52
HJ Heinz Finance Co.	6.625	%	7/15/11		475			509
HJ Heinz Finance Co.	6.750	%	3/15/32		375			393
Hospira Inc.	5.900	%	6/15/14		50			54
Hospira Inc.	6.400	%	5/15/15		75			83
Johnson & Johnson	5.550	%	8/15/17		225			249
Johnson & Johnson	5.150	%	7/15/18		100			107
Johnson & Johnson	6.950	%	9/1/29		50			60


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Johnson & Johnson	4.950	%	5/15/33		600			585
Johnson & Johnson	5.950	%	8/15/37		500			553
Johnson & Johnson	5.850	%	7/15/38		125			135
Kellogg Co.	4.250	%	3/6/13		175			185
Kellogg Co.	4.150	%	11/15/19		475			464
Kimberly-Clark Corp.	5.625	%	2/15/12		275			295
Kimberly-Clark Corp.	4.875	%	8/15/15		375			404
Kimberly-Clark Corp.	6.125	%	8/1/17		125			138
Koninklijke Philips Electronics NV	4.625	%	3/11/13		200			210
Koninklijke Philips Electronics NV	5.750	%	3/11/18		475			505
Koninklijke Philips Electronics NV	6.875	%	3/11/38		425			482
Kraft Foods Inc.	5.625	%	11/1/11		875			931
Kraft Foods Inc.	6.250	%	6/1/12		50			54
Kraft Foods Inc.	6.750	%	2/19/14		150			167
Kraft Foods Inc.	6.500	%	8/11/17		400			434
Kraft Foods Inc.	6.500	%	11/1/31		925			932
Kraft Foods Inc.	7.000	%	8/11/37		875			932
Kraft Foods Inc.	6.875	%	2/1/38		300			315
Kraft Foods Inc.	6.875	%	1/26/39		150			158
Kroger Co.	6.800	%	4/1/11		550			584
Kroger Co.	6.200	%	6/15/12		225			245
Kroger Co.	6.400	%	8/15/17		10			11
Kroger Co.	6.800	%	12/15/18		425			475
Kroger Co.	6.150	%	1/15/20		370			396
Kroger Co.	7.700	%	6/1/29		625			731
Kroger Co.	8.000	%	9/15/29		500			599
Laboratory Corp. of America Holdings	5.625	%	12/15/15		150			157
Lorillard Tobacco Co.	8.125	%	6/23/19		525			577
McKesson Corp.	7.750	%	2/1/12		200			221
McKesson Corp.	5.250	%	3/1/13		625			664
5 Mead Johnson Nutrition Co.	3.500	%	11/1/14		75			74
5 Mead Johnson Nutrition Co.	4.900	%	11/1/19		150			147
5 Mead Johnson Nutrition Co.	5.900	%	11/1/39		175			171
Medco Health Solutions Inc.	7.250	%	8/15/13		625			694
Medtronic Inc.	4.750	%	9/15/15		575			620
Merck & Co. Inc.	1.875	%	6/30/11		400			405
Merck & Co. Inc.	4.375	%	2/15/13		150			159
Merck & Co. Inc.	5.300	%	12/1/13		225			248
Merck & Co. Inc.	4.750	%	3/1/15		425			459
Merck & Co. Inc.	4.000	%	6/30/15		300			315
Merck & Co. Inc.	5.000	%	6/30/19		250			262
Merck & Co. Inc.	6.400	%	3/1/28		550			602
Merck & Co. Inc.	5.950	%	12/1/28		100			107
Merck & Co. Inc.	6.500	%	12/1/33		515			583
Merck & Co. Inc.	6.550	%	9/15/37		450			516
Merck & Co. Inc.	5.850	%	6/30/39		250			267
Novant Health Inc.	5.850	%	11/1/19		325			323
Novartis Capital Corp.	4.125	%	2/10/14		1,150			1,206
Novartis Securities Investment Ltd.	5.125	%	2/10/19		850			887
Pepsi Bottling Group Inc.	7.000	%	3/1/29		200			233
PepsiAmericas Inc.	5.750	%	7/31/12		225			245
PepsiAmericas Inc.	4.375	%	2/15/14		50			52
PepsiAmericas Inc.	5.000	%	5/15/17		250			263
PepsiCo Inc.	5.150	%	5/15/12		200			216
PepsiCo Inc.	4.650	%	2/15/13		125			134
PepsiCo Inc.	3.750	%	3/1/14		650			674


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
PepsiCo Inc.	5.000	%	6/1/18		750			783
PepsiCo Inc.	7.900	%	11/1/18		775			950
Pfizer Inc.	4.450	%	3/15/12		1,450			1,535
Pfizer Inc.	5.350	%	3/15/15		950			1,041
Pfizer Inc.	6.200	%	3/15/19		1,325			1,475
Pfizer Inc.	7.200	%	3/15/39		1,300			1,600
Pharmacia Corp.	6.600	%	12/1/28		325			361
Philip Morris International Inc.	4.875	%	5/16/13		650			691
Philip Morris International Inc.	6.875	%	3/17/14		600			683
Philip Morris International Inc.	5.650	%	5/16/18		230			242
Philip Morris International Inc.	6.375	%	5/16/38		505			546
3 Procter & Gamble - Esop	9.360	%	1/1/21		409			511
Procter & Gamble Co.	4.950	%	8/15/14		425			462
Procter & Gamble Co.	3.500	%	2/15/15		300			307
Procter & Gamble Co.	4.700	%	2/15/19		225			230
Procter & Gamble Co.	6.450	%	1/15/26		1,000			1,129
Procter & Gamble Co.	5.800	%	8/15/34		225			238
Quest Diagnostics Inc.	6.400	%	7/1/17		65			72
Quest Diagnostics Inc.	6.950	%	7/1/37		470			524
Reynolds American Inc.	7.250	%	6/1/12		500			544
Reynolds American Inc.	7.250	%	6/15/37		365			368
Safeway Inc.	6.500	%	3/1/11		1,150			1,213
Safeway Inc.	5.800	%	8/15/12		100			109
Safeway Inc.	6.350	%	8/15/17		100			109
Safeway Inc.	7.250	%	2/1/31		400			457
St. Jude Medical Inc.	3.750	%	7/15/14		475			483
St. Jude Medical Inc.	4.875	%	7/15/19		75			76
Sysco Corp.	4.200	%	2/12/13		50			52
Sysco Corp.	5.250	%	2/12/18		850			900
Sysco Corp.	5.375	%	9/21/35		225			224
Teva Pharmaceutical Finance Co. LLC	5.550	%	2/1/16		325			343
5 Thermo Fisher Scientific Inc.	2.150	%	12/28/12		125			124
5 Thermo Fisher Scientific Inc.	3.250	%	11/18/14		125			124
Unilever Capital Corp.	7.125	%	11/1/10		775			816
Unilever Capital Corp.	3.650	%	2/15/14		275			283
Unilever Capital Corp.	4.800	%	2/15/19		125			128
UST Inc.	5.750	%	3/1/18		225			221
Watson Pharmaceuticals Inc.	5.000	%	8/15/14		600			614
Whirlpool Corp.	5.500	%	3/1/13		800			825
Wyeth	6.950	%	3/15/11		275			295
Wyeth	5.500	%	2/15/16		75			81
Wyeth	6.450	%	2/1/24		75			84
Wyeth	6.500	%	2/1/34		775			852
Wyeth	6.000	%	2/15/36		175			182
Wyeth	5.950	%	4/1/37		1,050			1,100
Zimmer Holdings Inc.	5.750	%	11/30/39		125			123

Energy (1.4%)
Alberta Energy Co. Ltd.	7.375	%	11/1/31		175			195
Anadarko Finance Co.	6.750	%	5/1/11		550			584
Anadarko Finance Co.	7.500	%	5/1/31		10			11
Anadarko Petroleum Corp.	7.625	%	3/15/14		350			402
Anadarko Petroleum Corp.	5.750	%	6/15/14		100			108
Anadarko Petroleum Corp.	5.950	%	9/15/16		500			537
Anadarko Petroleum Corp.	6.450	%	9/15/36		725			755
Anadarko Petroleum Corp.	7.950	%	6/15/39		125			154


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Apache Corp.	6.250	%	4/15/12		350			382
Apache Corp.	5.250	%	4/15/13		100			107
Apache Corp.	6.000	%	9/15/13		225			247
Apache Corp.	5.625	%	1/15/17		50			54
Apache Corp.	6.900	%	9/15/18		525			615
Apache Corp.	6.000	%	1/15/37		150			159
Apache Finance Canada Corp.	7.750	%	12/15/29		50			61
Baker Hughes Inc.	6.875	%	1/15/29		75			83
BJ Services Co.	6.000	%	6/1/18		50			54
BP Capital Markets PLC	5.250	%	11/7/13		750			817
BP Capital Markets PLC	3.625	%	5/8/14		900			920
BP Capital Markets PLC	4.750	%	3/10/19		1,050			1,071
Burlington Resources Finance Co.	6.680	%	2/15/11		325			345
Burlington Resources Finance Co.	6.500	%	12/1/11		425			465
Burlington Resources Finance Co.	7.200	%	8/15/31		100			112
Burlington Resources Finance Co.	7.400	%	12/1/31		650			744
Canadian Natural Resources Ltd.	5.150	%	2/1/13		50			53
Canadian Natural Resources Ltd.	4.900	%	12/1/14		1,075			1,131
Canadian Natural Resources Ltd.	7.200	%	1/15/32		575			648
Canadian Natural Resources Ltd.	6.450	%	6/30/33		425			442
Canadian Natural Resources Ltd.	6.500	%	2/15/37		300			316
Canadian Natural Resources Ltd.	6.250	%	3/15/38		150			155
Canadian Natural Resources Ltd.	6.750	%	2/1/39		25			28
5 Cenovus Energy Inc.	4.500	%	9/15/14		1,050			1,077
5 Cenovus Energy Inc.	5.700	%	10/15/19		475			481
5 Cenovus Energy Inc.	6.750	%	11/15/39		1,525			1,607
Chevron Corp.	3.450	%	3/3/12		425			443
Chevron Corp.	3.950	%	3/3/14		500			526
Chevron Corp.	4.950	%	3/3/19		625			658
Conoco Funding Co.	6.350	%	10/15/11		550			601
Conoco Funding Co.	7.250	%	10/15/31		75			87
ConocoPhillips	4.750	%	2/1/14		300			322
ConocoPhillips	5.750	%	2/1/19		1,000			1,097
ConocoPhillips	6.000	%	1/15/20		75			83
ConocoPhillips	6.500	%	2/1/39		450			500
ConocoPhillips Canada Funding Co. I	5.300	%	4/15/12		675			726
ConocoPhillips Canada Funding Co. I	5.950	%	10/15/36		425			423
ConocoPhillips Holding Co.	6.950	%	4/15/29		225			255
Devon Energy Corp.	5.625	%	1/15/14		500			544
Devon Energy Corp.	7.950	%	4/15/32		75			95
Devon Financing Corp. ULC	6.875	%	9/30/11		600			651
Devon Financing Corp. ULC	7.875	%	9/30/31		400			497
Devon OEI Operating Inc.	7.250	%	10/1/11		50			55
Diamond Offshore Drilling Inc.	4.875	%	7/1/15		25			27
Diamond Offshore Drilling Inc.	5.875	%	5/1/19		225			240
Diamond Offshore Drilling Inc.	5.700	%	10/15/39		175			172
EnCana Corp.	4.750	%	10/15/13		75			79
EnCana Corp.	7.200	%	11/1/31		200			216
EnCana Corp.	6.500	%	8/15/34		550			590
EnCana Corp.	6.625	%	8/15/37		625			683
EnCana Holdings Finance Corp.	5.800	%	5/1/14		325			356
EOG Resources Inc.	6.125	%	10/1/13		350			387
Halliburton Co.	6.150	%	9/15/19		150			168
Halliburton Co.	6.700	%	9/15/38		600			672
Halliburton Co.	7.450	%	9/15/39		650			803
Hess Corp.	8.125	%	2/15/19		600			724


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Hess Corp.	7.875	%	10/1/29		670			798
Husky Energy Inc.	6.250	%	6/15/12		75			81
Husky Energy Inc.	5.900	%	6/15/14		325			354
Husky Energy Inc.	7.250	%	12/15/19		350			404
Husky Energy Inc.	6.800	%	9/15/37		300			314
Kerr-McGee Corp.	6.875	%	9/15/11		375			404
Kerr-McGee Corp.	6.950	%	7/1/24		585			636
Kerr-McGee Corp.	7.875	%	9/15/31		350			399
Lasmo USA Inc.	7.300	%	11/15/27		55			65
Marathon Global Funding Corp.	6.000	%	7/1/12		225			243
Marathon Oil Corp.	6.125	%	3/15/12		200			216
Marathon Oil Corp.	6.600	%	10/1/37		145			154
Nabors Industries Inc.	6.150	%	2/15/18		100			104
Nabors Industries Inc.	9.250	%	1/15/19		600			737
Nexen Inc.	5.050	%	11/20/13		150			158
Nexen Inc.	5.650	%	5/15/17		225			234
Nexen Inc.	7.875	%	3/15/32		100			116
Nexen Inc.	7.500	%	7/30/39		950			1,068
Noble Energy Inc.	8.000	%	4/1/27		275			307
Occidental Petroleum Corp.	4.250	%	3/15/10		425			428
Occidental Petroleum Corp.	6.750	%	1/15/12		150			164
PC Financial Partnership	5.000	%	11/15/14		450			467
Petro-Canada	4.000	%	7/15/13		100			103
Petro-Canada	6.050	%	5/15/18		425			454
Petro-Canada	7.875	%	6/15/26		150			173
Petro-Canada	7.000	%	11/15/28		125			134
Petro-Canada	5.350	%	7/15/33		125			113
Petro-Canada	5.950	%	5/15/35		150			143
Questar Market Resources Inc.	6.050	%	9/1/16		150			153
Questar Market Resources Inc.	6.800	%	3/1/20		150			157
Rowan Cos. Inc.	7.875	%	8/1/19		150			167
Shell International Finance BV	5.625	%	6/27/11		275			293
Shell International Finance BV	4.950	%	3/22/12		200			214
Shell International Finance BV	4.000	%	3/21/14		625			654
Shell International Finance BV	3.250	%	9/22/15		750			751
Shell International Finance BV	5.200	%	3/22/17		175			188
Shell International Finance BV	4.300	%	9/22/19		1,125			1,113
Shell International Finance BV	6.375	%	12/15/38		925			1,029
Smith International Inc.	9.750	%	3/15/19		700			887
Statoil ASA	3.875	%	4/15/14		75			78
Statoil ASA	2.900	%	10/15/14		25			25
Statoil ASA	5.250	%	4/15/19		425			451
Statoil ASA	7.250	%	9/23/27		675			796
Statoil ASA	7.150	%	1/15/29		125			147
Suncor Energy Inc.	6.100	%	6/1/18		200			215
Suncor Energy Inc.	5.950	%	12/1/34		100			99
Suncor Energy Inc.	6.500	%	6/15/38		725			762
Suncor Energy Inc.	6.850	%	6/1/39		700			778
Sunoco Inc.	4.875	%	10/15/14		50			50
Sunoco Inc.	5.750	%	1/15/17		150			153
Talisman Energy Inc.	5.125	%	5/15/15		50			52
Talisman Energy Inc.	7.750	%	6/1/19		325			381
Talisman Energy Inc.	5.850	%	2/1/37		650			617
Tosco Corp.	8.125	%	2/15/30		675			820
Total Capital SA	3.125	%	10/2/15		25			25
Transocean Inc.	5.250	%	3/15/13		125			134


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Transocean Inc.	6.000	%	3/15/18		375			400
Transocean Inc.	7.500	%	4/15/31		200			232
Transocean Inc.	6.800	%	3/15/38		160			178
Valero Energy Corp.	6.875	%	4/15/12		375			403
Valero Energy Corp.	9.375	%	3/15/19		400			477
Valero Energy Corp.	7.500	%	4/15/32		475			486
Valero Energy Corp.	6.625	%	6/15/37		675			630
Weatherford International Inc.	6.350	%	6/15/17		350			367
Weatherford International Inc.	6.800	%	6/15/37		100			100
Weatherford International Ltd.	5.500	%	2/15/16		40			41
Weatherford International Ltd.	9.625	%	3/1/19		375			468
Weatherford International Ltd.	6.500	%	8/1/36		425			405
Weatherford International Ltd.	7.000	%	3/15/38		350			355
XTO Energy Inc.	5.900	%	8/1/12		200			218
XTO Energy Inc.	6.250	%	4/15/13		225			251
XTO Energy Inc.	5.750	%	12/15/13		725			806
XTO Energy Inc.	4.900	%	2/1/14		375			403
XTO Energy Inc.	5.000	%	1/31/15		50			54
XTO Energy Inc.	5.300	%	6/30/15		100			110
XTO Energy Inc.	6.250	%	8/1/17		750			852
XTO Energy Inc.	6.500	%	12/15/18		950			1,090
XTO Energy Inc.	6.100	%	4/1/36		50			54

Other Industrial (0.0%)
Cintas Corp.	6.125	%	12/1/17		200			213

Technology (0.7%)
Agilent Technologies Inc.	4.450	%	9/14/12		25			26
Agilent Technologies Inc.	5.500	%	9/14/15		50			52
Agilent Technologies Inc.	6.500	%	11/1/17		950			1,007
Amphenol Corp.	4.750	%	11/15/14		425			425
Analog Devices Inc.	5.000	%	7/1/14		250			262
Avnet Inc.	6.625	%	9/15/16		235			240
BMC Software Inc.	7.250	%	6/1/18		150			163
CA Inc.	5.375	%	12/1/19		575			581
Cisco Systems Inc.	5.250	%	2/22/11		1,250			1,312
Cisco Systems Inc.	2.900	%	11/17/14		450			452
Cisco Systems Inc.	5.500	%	2/22/16		600			662
Cisco Systems Inc.	4.950	%	2/15/19		325			335
Cisco Systems Inc.	4.450	%	1/15/20		75			74
Cisco Systems Inc.	5.900	%	2/15/39		1,750			1,766
Cisco Systems Inc.	5.500	%	1/15/40		375			360
Corning Inc.	6.625	%	5/15/19		50			54
Dell Inc.	4.700	%	4/15/13		350			369
Dell Inc.	5.650	%	4/15/18		200			210
Dell Inc.	5.875	%	6/15/19		125			133
Dell Inc.	6.500	%	4/15/38		250			255
Electronic Data Systems LLC	6.000	%	8/1/13		325			361
Equifax Inc.	4.450	%	12/1/14		50			50
Equifax Inc.	6.300	%	7/1/17		100			103
Equifax Inc.	7.000	%	7/1/37		125			124
Fiserv Inc.	6.125	%	11/20/12		325			354
Fiserv Inc.	6.800	%	11/20/17		450			495
Harris Corp.	5.000	%	10/1/15		225			233
Hewlett-Packard Co.	2.250	%	5/27/11		125			127
Hewlett-Packard Co.	4.250	%	2/24/12		325			342


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Hewlett-Packard Co.	4.500	%	3/1/13		325			346
Hewlett-Packard Co.	6.125	%	3/1/14		950			1,062
Hewlett-Packard Co.	4.750	%	6/2/14		500			534
Hewlett-Packard Co.	5.400	%	3/1/17		425			452
Hewlett-Packard Co.	5.500	%	3/1/18		975			1,035
IBM International Group Capital LLC	5.050	%	10/22/12		325			351
International Business Machines Corp.	4.950	%	3/22/11		150			157
International Business Machines Corp.	7.500	%	6/15/13		325			378
International Business Machines Corp.	5.700	%	9/14/17		2,325			2,543
International Business Machines Corp.	7.000	%	10/30/25		200			231
International Business Machines Corp.	6.220	%	8/1/27		500			531
International Business Machines Corp.	5.875	%	11/29/32		100			103
International Business Machines Corp.	5.600	%	11/30/39		600			606
International Game Technology	7.500	%	6/15/19		100			109
Intuit Inc.	5.400	%	3/15/12		200			213
Intuit Inc.	5.750	%	3/15/17		100			104
Lexmark International Inc.	5.900	%	6/1/13		125			128
Lexmark International Inc.	6.650	%	6/1/18		325			320
Microsoft Corp.	2.950	%	6/1/14		400			405
Microsoft Corp.	4.200	%	6/1/19		50			50
Microsoft Corp.	5.200	%	6/1/39		450			441
Motorola Inc.	5.375	%	11/15/12		225			229
Motorola Inc.	7.500	%	5/15/25		50			48
Motorola Inc.	6.500	%	9/1/25		25			22
Motorola Inc.	6.500	%	11/15/28		100			86
Motorola Inc.	6.625	%	11/15/37		250			216
Nokia Oyj	5.375	%	5/15/19		225			231
Nokia Oyj	6.625	%	5/15/39		175			190
Oracle Corp.	5.000	%	1/15/11		500			522
Oracle Corp.	4.950	%	4/15/13		1,750			1,888
Oracle Corp.	5.250	%	1/15/16		500			540
Oracle Corp.	5.750	%	4/15/18		425			461
Oracle Corp.	5.000	%	7/8/19		875			905
Oracle Corp.	6.125	%	7/8/39		450			474
Pitney Bowes Inc.	3.875	%	6/15/13		225			231
Pitney Bowes Inc.	4.750	%	1/15/16		1,200			1,246
Science Applications International Corp.	6.250	%	7/1/12		50			55
Science Applications International Corp.	5.500	%	7/1/33		50			45
Xerox Capital Trust I	8.000	%	2/1/27		225			222
Xerox Corp.	7.125	%	6/15/10		425			437
Xerox Corp.	6.875	%	8/15/11		125			134
Xerox Corp.	5.500	%	5/15/12		290			307
Xerox Corp.	7.625	%	6/15/13		125			128
Xerox Corp.	8.250	%	5/15/14		400			462
Xerox Corp.	4.250	%	2/15/15		50			50
Xerox Corp.	6.400	%	3/15/16		295			312
Xerox Corp.	6.750	%	2/1/17		200			215
Xerox Corp.	6.350	%	5/15/18		375			394
Xerox Corp.	5.625	%	12/15/19		75			75

Transportation (0.4%)
3 American Airlines Pass Through Trust 2009-1A	10.375	%	7/2/19		150			168
Burlington Northern Santa Fe Corp.	6.750	%	7/15/11		225			243
Burlington Northern Santa Fe Corp.	5.650	%	5/1/17		1,025			1,089
Burlington Northern Santa Fe Corp.	7.000	%	12/15/25		225			247
Burlington Northern Santa Fe Corp.	6.200	%	8/15/36		325			343


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Canadian National Railway Co.	6.375	%	10/15/11		200			217
Canadian National Railway Co.	4.400	%	3/15/13		125			131
Canadian National Railway Co.	5.850	%	11/15/17		50			54
Canadian National Railway Co.	6.250	%	8/1/34		125			135
Canadian National Railway Co.	6.200	%	6/1/36		275			298
Canadian Pacific Railway Co.	7.125	%	10/15/31		75			79
Canadian Pacific Railway Co.	5.950	%	5/15/37		100			95
Con-way Inc.	6.700	%	5/1/34		225			176
3 Continental Airlines Inc.	6.648	%	9/15/17		660			631
3 Continental Airlines Inc.	5.983	%	4/19/22		105			101
CSX Corp.	6.750	%	3/15/11		525			557
CSX Corp.	6.300	%	3/15/12		200			216
CSX Corp.	5.600	%	5/1/17		50			52
CSX Corp.	7.900	%	5/1/17		425			492
CSX Corp.	6.250	%	3/15/18		475			515
CSX Corp.	7.375	%	2/1/19		1,250			1,436
CSX Corp.	6.150	%	5/1/37		225			229
3 Delta Air Lines Inc.	7.750	%	12/17/19		100			103
3 Delta Air Lines Inc.	6.821	%	8/10/22		712			684
Norfolk Southern Corp.	6.750	%	2/15/11		875			923
Norfolk Southern Corp.	5.750	%	1/15/16		300			318
Norfolk Southern Corp.	7.700	%	5/15/17		125			147
Norfolk Southern Corp.	5.750	%	4/1/18		75			80
Norfolk Southern Corp.	5.900	%	6/15/19		400			430
Norfolk Southern Corp.	7.050	%	5/1/37		30			36
Norfolk Southern Corp.	7.900	%	5/15/97		150			175
Norfolk Southern Railway Co.	9.750	%	6/15/20		283			377
Ryder System Inc.	5.950	%	5/2/11		68			70
Ryder System Inc.	5.850	%	3/1/14		150			157
Ryder System Inc.	7.200	%	9/1/15		225			244
Ryder System Inc.	5.850	%	11/1/16		50			50
Southwest Airlines Co.	6.500	%	3/1/12		475			496
Southwest Airlines Co.	5.750	%	12/15/16		200			194
Southwest Airlines Co.	5.125	%	3/1/17		50			47
3 Southwest Airlines Co. 2007-1
Pass Through Trust 3	6.150	%	8/1/22		343			343
Union Pacific Corp.	6.125	%	1/15/12		50			54
Union Pacific Corp.	6.500	%	4/15/12		125			136
Union Pacific Corp.	5.450	%	1/31/13		550			592
Union Pacific Corp.	5.375	%	5/1/14		325			348
Union Pacific Corp.	5.750	%	11/15/17		200			213
Union Pacific Corp.	5.700	%	8/15/18		225			236
Union Pacific Corp.	7.875	%	1/15/19		625			752
Union Pacific Corp.	6.625	%	2/1/29		250			270
3 Union Pacific Railroad Co. 2007-3
Pass Through Trust	6.176	%	1/2/31		121			127
United Parcel Service Inc.	3.875	%	4/1/14		300			312
United Parcel Service Inc.	5.500	%	1/15/18		150			161
United Parcel Service Inc.	5.125	%	4/1/19		225			239
United Parcel Service Inc.	6.200	%	1/15/38		300			333
								415,571
Utilities (2.1%)
Electric (1.6%)
AEP Texas Central Co.	6.650	%	2/15/33		150			154
Alabama Power Co.	5.500	%	10/15/17		375			395
Alabama Power Co.	6.000	%	3/1/39		25			27


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
American Water Capital Corp.	6.593	%	10/15/37		375			372
Arizona Public Service Co.	4.650	%	5/15/15		150			151
Baltimore Gas & Electric Co.	5.900	%	10/1/16		225			240
Baltimore Gas & Electric Co.	6.350	%	10/1/36		100			103
Carolina Power & Light Co.	6.500	%	7/15/12		650			717
Carolina Power & Light Co.	5.125	%	9/15/13		325			350
Carolina Power & Light Co.	5.300	%	1/15/19		350			364
CenterPoint Energy Houston Electric LLC	5.700	%	3/15/13		450			480
CenterPoint Energy Houston Electric LLC	7.000	%	3/1/14		225			257
CenterPoint Energy Inc.	6.500	%	5/1/18		70			71
Cleveland Electric Illuminating Co.	7.880	%	11/1/17		75			88
Cleveland Electric Illuminating Co.	5.500	%	8/15/24		900			892
Columbus Southern Power Co.	5.850	%	10/1/35		225			213
Commonwealth Edison Co.	6.150	%	3/15/12		150			162
Commonwealth Edison Co.	5.950	%	8/15/16		500			544
Commonwealth Edison Co.	6.150	%	9/15/17		700			761
Commonwealth Edison Co.	5.800	%	3/15/18		150			160
Commonwealth Edison Co.	5.900	%	3/15/36		100			100
Connecticut Light & Power Co.	6.350	%	6/1/36		600			650
Consolidated Edison Co. of New York Inc.	4.875	%	2/1/13		75			80
Consolidated Edison Co. of New York Inc.	5.375	%	12/15/15		125			134
Consolidated Edison Co. of New York Inc.	5.500	%	9/15/16		650			679
Consolidated Edison Co. of New York Inc.	6.650	%	4/1/19		200			227
Consolidated Edison Co. of New York Inc.	5.300	%	3/1/35		25			24
Consolidated Edison Co. of New York Inc.	5.850	%	3/15/36		125			129
Consolidated Edison Co. of New York Inc.	6.200	%	6/15/36		175			187
Consolidated Edison Co. of New York Inc.	6.300	%	8/15/37		400			434
Consolidated Edison Co. of New York Inc.	5.500	%	12/1/39		225			222
Consolidated Natural Gas Co.	6.250	%	11/1/11		600			647
Consolidated Natural Gas Co.	5.000	%	12/1/14		375			401
Constellation Energy Group Inc.	7.000	%	4/1/12		25			27
Constellation Energy Group Inc.	4.550	%	6/15/15		625			625
Constellation Energy Group Inc.	7.600	%	4/1/32		150			162
Consumers Energy Co.	5.000	%	2/15/12		150			158
Consumers Energy Co.	5.375	%	4/15/13		75			80
Consumers Energy Co.	5.500	%	8/15/16		300			321
Detroit Edison Co.	6.125	%	10/1/10		125			130
Detroit Edison Co.	5.700	%	10/1/37		150			145
Dominion Resources Inc.	4.750	%	12/15/10		300			310
Dominion Resources Inc.	6.250	%	6/30/12		110			119
Dominion Resources Inc.	5.700	%	9/17/12		80			86
Dominion Resources Inc.	6.000	%	11/30/17		475			514
Dominion Resources Inc.	6.400	%	6/15/18		290			319
Dominion Resources Inc.	6.300	%	3/15/33		50			51
Dominion Resources Inc.	5.250	%	8/1/33		75			78
Dominion Resources Inc.	5.950	%	6/15/35		225			225
3 Dominion Resources Inc.	6.300	%	9/30/66		150			133
DTE Energy Co.	7.050	%	6/1/11		75			80
Duke Energy Carolinas LLC	6.250	%	1/15/12		525			569
Duke Energy Carolinas LLC	6.450	%	10/15/32		400			434
Duke Energy Carolinas LLC	6.100	%	6/1/37		600			639
Duke Energy Carolinas LLC	6.000	%	1/15/38		50			53
Duke Energy Carolinas LLC	6.050	%	4/15/38		25			26
Duke Energy Carolinas LLC	5.300	%	2/15/40		150			145
Duke Energy Corp.	3.950	%	9/15/14		300			306
Duke Energy Indiana Inc.	5.000	%	9/15/13		225			235


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Duke Energy Indiana Inc.	6.350	%	8/15/38		375			410
Duke Energy Ohio Inc.	5.700	%	9/15/12		100			109
Duke Energy Ohio Inc.	2.100	%	6/15/13		425			420
El Paso Electric Co.	6.000	%	5/15/35		50			45
Energy East Corp.	6.750	%	6/15/12		225			245
Energy East Corp.	6.750	%	7/15/36		325			362
Entergy Gulf States Louisiana LLC	6.000	%	5/1/18		475			496
Entergy Louisiana LLC	6.500	%	9/1/18		100			106
Exelon Corp.	4.900	%	6/15/15		225			233
Exelon Corp.	5.625	%	6/15/35		20			18
Exelon Generation Co. LLC	5.200	%	10/1/19		375			375
Exelon Generation Co. LLC	6.250	%	10/1/39		375			381
FirstEnergy Corp.	6.450	%	11/15/11		53			57
FirstEnergy Corp.	7.375	%	11/15/31		30			33
FirstEnergy Solutions Corp.	4.800	%	2/15/15		750			765
Florida Power & Light Co.	5.550	%	11/1/17		100			108
Florida Power & Light Co.	5.950	%	10/1/33		175			182
Florida Power & Light Co.	5.625	%	4/1/34		325			325
Florida Power & Light Co.	4.950	%	6/1/35		75			68
Florida Power & Light Co.	5.400	%	9/1/35		1,100			1,065
Florida Power & Light Co.	5.650	%	2/1/37		300			299
Florida Power & Light Co.	5.850	%	5/1/37		225			233
Florida Power Corp.	4.800	%	3/1/13		325			345
Florida Power Corp.	5.650	%	6/15/18		225			242
Florida Power Corp.	6.350	%	9/15/37		650			700
FPL Group Capital Inc.	5.625	%	9/1/11		100			107
FPL Group Capital Inc.	5.350	%	6/15/13		300			323
3 FPL Group Capital Inc.	6.350	%	10/1/66		100			92
3 FPL Group Capital Inc.	6.650	%	6/15/67		275			255
Georgia Power Co.	5.700	%	6/1/17		325			351
Illinois Power Co.	6.125	%	11/15/17		150			158
Indiana Michigan Power Co.	7.000	%	3/15/19		350			390
Indiana Michigan Power Co.	6.050	%	3/15/37		1,000			982
3 Integrys Energy Group Inc.	6.110	%	12/1/66		350			290
Interstate Power & Light Co.	6.250	%	7/15/39		150			155
Jersey Central Power & Light Co.	5.625	%	5/1/16		200			208
Jersey Central Power & Light Co.	5.650	%	6/1/17		200			206
Kansas City Power & Light Co.	6.050	%	11/15/35		75			70
MidAmerican Energy Co.	5.650	%	7/15/12		150			162
MidAmerican Energy Co.	5.950	%	7/15/17		475			501
MidAmerican Energy Co.	6.750	%	12/30/31		325			364
MidAmerican Energy Co.	5.750	%	11/1/35		125			124
Midamerican Energy Holdings Co.	5.875	%	10/1/12		400			436
Midamerican Energy Holdings Co.	5.000	%	2/15/14		75			79
Midamerican Energy Holdings Co.	6.125	%	4/1/36		1,525			1,553
Midamerican Energy Holdings Co.	5.950	%	5/15/37		1,225			1,236
National Rural Utilities Cooperative Finance Corp.	7.250	%	3/1/12		1,425			1,570
National Rural Utilities Cooperative Finance Corp.	2.625	%	9/16/12		225			227
National Rural Utilities Cooperative Finance Corp.	5.500	%	7/1/13		225			245
National Rural Utilities Cooperative Finance Corp.	4.750	%	3/1/14		550			585
National Rural Utilities Cooperative Finance Corp.	5.450	%	2/1/18		300			311
National Rural Utilities Cooperative Finance Corp.	8.000	%	3/1/32		100			118
Nevada Power Co.	7.125	%	3/15/19		850			955
5 Niagara Mohawk Power Corp.	4.881	%	8/15/19		575			573
Nisource Finance Corp.	5.400	%	7/15/14		75			78
Nisource Finance Corp.	5.250	%	9/15/17		225			222


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Nisource Finance Corp.	5.450	%	9/15/20		250			242
Northern States Power Co.	5.250	%	3/1/18		75			79
Northern States Power Co.	6.250	%	6/1/36		50			55
NSTAR Electric Co.	4.875	%	4/15/14		75			80
NSTAR Electric Co.	5.625	%	11/15/17		450			479
5 Oglethorpe Power Corp.	5.950	%	11/1/39		100			99
Ohio Edison Co.	6.400	%	7/15/16		200			216
Ohio Power Co.	5.750	%	9/1/13		100			106
Ohio Power Co.	6.000	%	6/1/16		150			161
Oncor Electric Delivery Co. LLC	6.375	%	5/1/12		300			324
Oncor Electric Delivery Co. LLC	6.375	%	1/15/15		485			530
Oncor Electric Delivery Co. LLC	7.000	%	5/1/32		425			469
Oncor Electric Delivery Co. LLC	7.250	%	1/15/33		155			178
Pacific Gas & Electric Co.	4.200	%	3/1/11		100			103
Pacific Gas & Electric Co.	4.800	%	3/1/14		975			1,040
Pacific Gas & Electric Co.	5.625	%	11/30/17		125			133
Pacific Gas & Electric Co.	8.250	%	10/15/18		475			580
Pacific Gas & Electric Co.	6.050	%	3/1/34		1,295			1,356
Pacific Gas & Electric Co.	5.800	%	3/1/37		700			710
PacifiCorp	6.900	%	11/15/11		225			247
PacifiCorp	7.700	%	11/15/31		100			123
PacifiCorp	5.250	%	6/15/35		50			47
PacifiCorp	6.250	%	10/15/37		750			809
Peco Energy Co.	5.350	%	3/1/18		100			106
Pennsylvania Electric Co.	6.050	%	9/1/17		100			105
Pennsylvania Electric Co.	5.200	%	4/1/20		125			124
Pennsylvania Electric Co.	6.150	%	10/1/38		125			121
Pepco Holdings Inc.	6.450	%	8/15/12		350			376
Pepco Holdings Inc.	7.450	%	8/15/32		75			79
Potomac Electric Power Co.	6.500	%	11/15/37		400			442
PPL Electric Utilities Corp.	6.250	%	5/15/39		525			552
PPL Energy Supply LLC	6.400	%	11/1/11		600			647
PPL Energy Supply LLC	6.300	%	7/15/13		100			107
PPL Energy Supply LLC	6.200	%	5/15/16		226			237
Progress Energy Inc.	7.100	%	3/1/11		630			667
Progress Energy Inc.	6.050	%	3/15/14		300			327
Progress Energy Inc.	5.625	%	1/15/16		225			239
Progress Energy Inc.	7.050	%	3/15/19		75			84
Progress Energy Inc.	4.875	%	12/1/19		1,000			980
Progress Energy Inc.	7.750	%	3/1/31		150			177
Progress Energy Inc.	7.000	%	10/30/31		25			27
PSEG Power LLC	7.750	%	4/15/11		375			401
PSEG Power LLC	6.950	%	6/1/12		475			519
PSEG Power LLC	5.000	%	4/1/14		175			183
PSEG Power LLC	5.500	%	12/1/15		1,200			1,267
PSEG Power LLC	8.625	%	4/15/31		50			65
Public Service Co. of Colorado	7.875	%	10/1/12		825			947
Public Service Co. of Colorado	5.500	%	4/1/14		100			108
Public Service Co. of Colorado	5.125	%	6/1/19		800			829
Public Service Co. of Colorado	6.250	%	9/1/37		50			55
Public Service Co. of Oklahoma	5.150	%	12/1/19		100			100
Public Service Co. of Oklahoma	6.625	%	11/15/37		300			311
Puget Sound Energy Inc.	5.483	%	6/1/35		50			48
Puget Sound Energy Inc.	6.274	%	3/15/37		300			318
Puget Sound Energy Inc.	5.757	%	10/1/39		150			148
San Diego Gas & Electric Co.	5.300	%	11/15/15		100			110


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
San Diego Gas & Electric Co.	5.350	%	5/15/35		50			48
San Diego Gas & Electric Co.	6.125	%	9/15/37		25			27
San Diego Gas & Electric Co.	6.000	%	6/1/39		50			53
SCANA Corp.	6.875	%	5/15/11		600			638
Sierra Pacific Power Co.	6.000	%	5/15/16		200			215
Sierra Pacific Power Co.	6.750	%	7/1/37		300			318
South Carolina Electric & Gas Co.	6.500	%	11/1/18		100			113
South Carolina Electric & Gas Co.	6.050	%	1/15/38		50			53
Southern California Edison Co.	5.000	%	1/15/14		500			541
Southern California Edison Co.	4.650	%	4/1/15		25			27
Southern California Edison Co.	5.000	%	1/15/16		50			53
Southern California Edison Co.	6.650	%	4/1/29		100			109
Southern California Edison Co.	6.000	%	1/15/34		100			104
Southern California Edison Co.	5.750	%	4/1/35		100			101
Southern California Edison Co.	5.350	%	7/15/35		100			95
Southern California Edison Co.	5.550	%	1/15/36		100			99
Southern California Edison Co.	5.625	%	2/1/36		50			50
Southern California Edison Co.	5.550	%	1/15/37		500			501
Southern Co.	5.300	%	1/15/12		600			641
Southern Co.	4.150	%	5/15/14		300			309
Southern Power Co.	6.250	%	7/15/12		75			82
Southern Power Co.	4.875	%	7/15/15		325			340
Tampa Electric Co.	6.100	%	5/15/18		275			293
Tampa Electric Co.	6.550	%	5/15/36		175			182
Toledo Edison Co.	6.150	%	5/15/37		125			124
TransAlta Corp.	4.750	%	1/15/15		25			25
TransAlta Corp.	6.650	%	5/15/18		100			105
Union Electric Co.	5.400	%	2/1/16		125			128
United Utilities PLC	5.375	%	2/1/19		350			348
Virginia Electric and Power Co.	5.100	%	11/30/12		225			244
Virginia Electric and Power Co.	5.400	%	1/15/16		425			444
Virginia Electric and Power Co.	5.000	%	6/30/19		800			807
Virginia Electric and Power Co.	6.000	%	5/15/37		250			263
Virginia Electric and Power Co.	6.350	%	11/30/37		100			110
Wisconsin Electric Power Co.	6.000	%	4/1/14		575			644
Wisconsin Electric Power Co.	4.250	%	12/15/19		25			25
Wisconsin Electric Power Co.	5.625	%	5/15/33		75			74
Wisconsin Energy Corp.	6.500	%	4/1/11		175			185
3 Wisconsin Energy Corp.	6.250	%	5/15/67		775			683
Wisconsin Power & Light Co.	5.000	%	7/15/19		75			75
Wisconsin Power & Light Co.	6.375	%	8/15/37		250			267
Xcel Energy Inc.	5.613	%	4/1/17		56			58
Xcel Energy Inc.	6.500	%	7/1/36		200			212

Natural Gas (0.5%)
AGL Capital Corp.	7.125	%	1/14/11		125			131
Atmos Energy Corp.	4.950	%	10/15/14		540			564
Atmos Energy Corp.	8.500	%	3/15/19		100			121
Boardwalk Pipelines LP	5.500	%	2/1/17		50			50
CenterPoint Energy Resources Corp.	7.875	%	4/1/13		325			364
CenterPoint Energy Resources Corp.	6.150	%	5/1/16		300			310
DCP Midstream LLC	8.125	%	8/16/30		100			109
El Paso Natural Gas Co.	5.950	%	4/15/17		125			128
Enbridge Energy Partners LP	9.875	%	3/1/19		600			760
Energy Transfer Partners LP	5.650	%	8/1/12		600			645
Energy Transfer Partners LP	8.500	%	4/15/14		50			58


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Energy Transfer Partners LP	5.950	%	2/1/15		75			80
Energy Transfer Partners LP	6.125	%	2/15/17		125			130
Energy Transfer Partners LP	9.000	%	4/15/19		675			810
Energy Transfer Partners LP	6.625	%	10/15/36		225			225
Enterprise Products Operating LLC	4.950	%	6/1/10		300			305
Enterprise Products Operating LLC	4.600	%	8/1/12		250			262
Enterprise Products Operating LLC	9.750	%	1/31/14		500			597
Enterprise Products Operating LLC	5.600	%	10/15/14		1,100			1,176
Enterprise Products Operating LLC	6.300	%	9/15/17		325			351
Enterprise Products Operating LLC	6.650	%	4/15/18		225			245
Enterprise Products Operating LLC	6.875	%	3/1/33		50			53
EQT Corp.	8.125	%	6/1/19		325			379
KeySpan Corp.	8.000	%	11/15/30		50			59
Kinder Morgan Energy Partners LP	6.750	%	3/15/11		100			106
Kinder Morgan Energy Partners LP	7.125	%	3/15/12		250			272
Kinder Morgan Energy Partners LP	5.850	%	9/15/12		420			450
Kinder Morgan Energy Partners LP	5.000	%	12/15/13		235			245
Kinder Morgan Energy Partners LP	5.125	%	11/15/14		200			208
Kinder Morgan Energy Partners LP	5.625	%	2/15/15		300			323
Kinder Morgan Energy Partners LP	6.000	%	2/1/17		110			119
Kinder Morgan Energy Partners LP	5.950	%	2/15/18		125			133
Kinder Morgan Energy Partners LP	6.850	%	2/15/20		350			391
Kinder Morgan Energy Partners LP	7.300	%	8/15/33		200			218
Kinder Morgan Energy Partners LP	5.800	%	3/15/35		100			93
Kinder Morgan Energy Partners LP	6.500	%	2/1/37		90			91
Kinder Morgan Energy Partners LP	6.500	%	9/1/39		25			25
Magellan Midstream Partners LP	5.650	%	10/15/16		50			51
Magellan Midstream Partners LP	6.550	%	7/15/19		250			271
National Grid PLC	6.300	%	8/1/16		300			327
NuStar Logistics LP	7.650	%	4/15/18		325			353
Oneok Inc.	5.200	%	6/15/15		200			207
Oneok Inc.	6.000	%	6/15/35		100			94
ONEOK Partners LP	5.900	%	4/1/12		400			422
ONEOK Partners LP	6.150	%	10/1/16		325			339
ONEOK Partners LP	6.650	%	10/1/36		1,000			1,014
ONEOK Partners LP	6.850	%	10/15/37		300			314
Panhandle Eastern Pipeline Co. LP	6.200	%	11/1/17		625			657
Plains All American Pipeline LP/
PAA Finance Corp.	6.500	%	5/1/18		75			80
Plains All American Pipeline LP/
PAA Finance Corp.	8.750	%	5/1/19		125			148
Southern California Gas Co.	5.750	%	11/15/35		150			154
5 Southern Natural Gas Co.	5.900	%	4/1/17		880			896
Southern Natural Gas Co.	8.000	%	3/1/32		320			370
Spectra Energy Capital LLC	5.500	%	3/1/14		150			154
Spectra Energy Capital LLC	6.750	%	2/15/32		75			76
Texas Gas Transmission LLC	4.600	%	6/1/15		425			433
TransCanada PipeLines Ltd.	4.000	%	6/15/13		650			665
TransCanada PipeLines Ltd.	6.500	%	8/15/18		600			674
TransCanada PipeLines Ltd.	7.125	%	1/15/19		50			59
TransCanada PipeLines Ltd.	5.600	%	3/31/34		550			530
TransCanada PipeLines Ltd.	5.850	%	3/15/36		350			348
TransCanada PipeLines Ltd.	6.200	%	10/15/37		100			106
TransCanada PipeLines Ltd.	7.625	%	1/15/39		50			61
3 TransCanada PipeLines Ltd.	6.350	%	5/15/67		225			208
Williams Cos. Inc.	7.125	%	9/1/11		325			345


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Williams Cos. Inc.	7.625	%	7/15/19		600			666
Williams Cos. Inc.	7.500	%	1/15/31		303			327
Williams Cos. Inc.	7.750	%	6/15/31		160			175
Williams Cos. Inc.	8.750	%	3/15/32		569			681
								87,509
Total Corporate Bonds (Cost $765,785)								792,700
Sovereign Bonds (U.S. Dollar-Denominated) (3.6%)
African Development Bank	1.000	%	11/23/11		300			298
African Development Bank	1.750	%	10/1/12		250			249
African Development Bank	3.000	%	5/27/14		1,000			995
Asian Development Bank	2.125	%	3/15/12		300			305
Asian Development Bank	3.625	%	9/5/13		825			869
Asian Development Bank	2.750	%	5/21/14		800			799
Asian Development Bank	5.500	%	6/27/16		750			830
Asian Development Bank	5.593	%	7/16/18		750			811
Brazilian Government International Bond	11.000	%	1/11/12		275			325
Brazilian Government International Bond	10.250	%	6/17/13		150			185
Brazilian Government International Bond	7.875	%	3/7/15		425			496
Brazilian Government International Bond	6.000	%	1/17/17		950			1,017
3 Brazilian Government International Bond	8.000	%	1/15/18		1,369			1,561
Brazilian Government International Bond	5.875	%	1/15/19		1,975			2,098
Brazilian Government International Bond	8.875	%	10/14/19		700			900
Brazilian Government International Bond	8.875	%	4/15/24		300			389
Brazilian Government International Bond	8.750	%	2/4/25		725			935
Brazilian Government International Bond	10.125	%	5/15/27		800			1,174
Brazilian Government International Bond	8.250	%	1/20/34		225			286
Brazilian Government International Bond	7.125	%	1/20/37		775			887
Brazilian Government International Bond	11.000	%	8/17/40		1,950			2,598
Brazilian Government International Bond	5.625	%	1/7/41		600			563
Canada Mortgage & Housing Corp.	4.800	%	10/1/10		25			26
Chile Government International Bond	7.125	%	1/11/12		350			390
Chile Government International Bond	5.500	%	1/15/13		125			138
China Development Bank Corp.	4.750	%	10/8/14		225			231
China Development Bank Corp.	5.000	%	10/15/15		75			81
China Government International Bond	4.750	%	10/29/13		150			159
Corp Andina de Fomento	8.125	%	6/4/19		825			942
Corp. Andina de Fomento	5.200	%	5/21/13		150			158
Corp. Andina de Fomento	5.750	%	1/12/17		800			799
Development Bank of Japan	4.250	%	6/9/15		75			78
Eksportfinans ASA	3.000	%	11/17/14		600			591
Eksportfinans ASA	5.500	%	5/25/16		350			377
Eksportfinans ASA	5.500	%	6/26/17		375			398
European Investment Bank	3.250	%	2/15/11		1,475			1,504
European Investment Bank	5.250	%	6/15/11		1,950			2,056
European Investment Bank	3.125	%	7/15/11		950			980
European Investment Bank	2.000	%	2/10/12		4,000			4,044
European Investment Bank	1.750	%	9/14/12		250			249
European Investment Bank	2.875	%	3/15/13		600			604
European Investment Bank	3.250	%	5/15/13		1,225			1,248
European Investment Bank	4.250	%	7/15/13		2,525			2,660
European Investment Bank	4.625	%	5/15/14		1,325			1,424
European Investment Bank	3.125	%	6/4/14		2,525			2,560
European Investment Bank	4.875	%	2/16/16		1,200			1,285
European Investment Bank	5.125	%	9/13/16		125			137
European Investment Bank	4.875	%	1/17/17		1,525			1,631


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
European Investment Bank	5.125	%	5/30/17		1,325			1,435
Export Development Canada	2.375	%	3/19/12		675			688
Export Development Canada	1.750	%	9/24/12		1,100			1,096
Export Development Canada	3.125	%	4/24/14		225			229
Export-Import Bank of Korea	5.125	%	2/14/11		625			642
Export-Import Bank of Korea	5.500	%	10/17/12		725			756
Export-Import Bank of Korea	8.125	%	1/21/14		700			814
Export-Import Bank of Korea	5.875	%	1/14/15		200			215
Export-Import Bank of Korea	5.125	%	3/16/15		175			179
Financement-Quebec	5.000	%	10/25/12		225			240
Hydro Quebec	6.300	%	5/11/11		550			587
Hydro Quebec	7.500	%	4/1/16		575			680
Hydro Quebec	8.050	%	7/7/24		600			735
Inter-American Development Bank	8.500	%	3/15/11		225			243
Inter-American Development Bank	1.500	%	6/23/11		150			151
Inter-American Development Bank	4.750	%	10/19/12		675			724
Inter-American Development Bank	3.000	%	4/22/14		1,300			1,308
Inter-American Development Bank	4.250	%	9/14/15		50			52
Inter-American Development Bank	4.250	%	9/10/18		1,475			1,512
Inter-American Development Bank	3.875	%	9/17/19		1,700			1,684
Inter-American Development Bank	7.000	%	6/15/25		325			386
International Bank for
Reconstruction & Development	3.125	%	11/15/11		225			231
International Bank for
Reconstruction & Development	2.000	%	4/2/12		3,750			3,791
International Bank for
Reconstruction & Development	3.500	%	10/8/13		575			599
International Bank for
Reconstruction & Development	8.875	%	3/1/26		200			276
International Finance Corp.	3.500	%	5/15/13		400			408
International Finance Corp.	3.000	%	4/22/14		925			924
Israel Government International Bond	4.625	%	6/15/13		100			106
Israel Government International Bond	5.500	%	11/9/16		675			725
Israel Government International Bond	5.125	%	3/26/19		900			914
Italian Republic	6.000	%	2/22/11		1,225			1,291
Italian Republic	3.500	%	7/15/11		475			490
Italian Republic	5.625	%	6/15/12		250			272
Italian Republic	2.125	%	10/5/12		200			200
Italian Republic	4.750	%	1/25/16		1,875			1,947
Italian Republic	5.250	%	9/20/16		1,525			1,625
Italian Republic	6.875	%	9/27/23		1,350			1,524
Italian Republic	5.375	%	6/15/33		775			759
Japan Bank for International Cooperation	4.750	%	5/25/11		100			105
Japan Bank for International Cooperation	2.125	%	11/5/12		1,400			1,395
Japan Bank for International Cooperation	4.375	%	11/26/12		425			451
Japan Bank for International Cooperation	4.250	%	6/18/13		400			423
Japan Finance Organization for Municipalities	5.875	%	3/14/11		675			713
Japan Finance Organization for Municipalities	4.625	%	4/21/15		250			262
Japan Finance Organization for Municipalities	5.000	%	5/16/17		50			53
Korea Development Bank	5.300	%	1/17/13		425			444
Korea Development Bank	5.750	%	9/10/13		550			577
Korea Development Bank	8.000	%	1/23/14		400			455
Korea Electric Power Corp.	7.750	%	4/1/13		600			662
Kreditanstalt fuer Wiederaufbau	3.125	%	11/15/10		1,600			1,635
Kreditanstalt fuer Wiederaufbau	4.625	%	1/20/11		225			233
Kreditanstalt fuer Wiederaufbau	3.250	%	2/15/11		300			308


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Kreditanstalt fuer Wiederaufbau	1.875	%	3/15/11		300			303
Kreditanstalt fuer Wiederaufbau	3.750	%	6/27/11		1,425			1,478
Kreditanstalt fuer Wiederaufbau	3.250	%	10/14/11		875			904
Kreditanstalt fuer Wiederaufbau	2.000	%	1/17/12		500			506
Kreditanstalt fuer Wiederaufbau	2.250	%	4/16/12		1,175			1,186
Kreditanstalt fuer Wiederaufbau	4.750	%	5/15/12		775			824
Kreditanstalt fuer Wiederaufbau	3.250	%	3/15/13		3,325			3,370
Kreditanstalt fuer Wiederaufbau	3.500	%	5/16/13		625			638
Kreditanstalt fuer Wiederaufbau	4.000	%	10/15/13		950			989
Kreditanstalt fuer Wiederaufbau	4.125	%	10/15/14		125			132
Kreditanstalt fuer Wiederaufbau	2.750	%	10/21/14		475			470
Kreditanstalt fuer Wiederaufbau	5.125	%	3/14/16		1,165			1,270
Kreditanstalt fuer Wiederaufbau	4.375	%	3/15/18		650			661
Kreditanstalt fuer Wiederaufbau	4.500	%	7/16/18		600			616
Kreditanstalt fuer Wiederaufbau	4.875	%	6/17/19		4,125			4,364
Landwirtschaftliche Rentenbank	5.250	%	7/2/12		600			644
Landwirtschaftliche Rentenbank	1.875	%	9/24/12		1,425			1,421
Landwirtschaftliche Rentenbank	3.250	%	3/15/13		1,175			1,195
Landwirtschaftliche Rentenbank	4.125	%	7/15/13		400			419
Landwirtschaftliche Rentenbank	4.875	%	11/16/15		125			134
Malaysia Government International Bond	7.500	%	7/15/11		900			976
Mexico Government International Bond	8.375	%	1/14/11		300			323
Mexico Government International Bond	7.500	%	1/14/12		103			114
Mexico Government International Bond	6.375	%	1/16/13		2,066			2,270
Mexico Government International Bond	6.625	%	3/3/15		347			386
Mexico Government International Bond	11.375	%	9/15/16		50			69
Mexico Government International Bond	5.625	%	1/15/17		1,900			1,993
Mexico Government International Bond	8.300	%	8/15/31		500			619
Mexico Government International Bond	6.750	%	9/27/34		2,052			2,175
Nordic Investment Bank	2.625	%	10/6/14		225			222
Nordic Investment Bank	5.000	%	2/1/17		1,000			1,069
Oesterreichische Kontrollbank AG	2.875	%	3/15/11		200			202
Oesterreichische Kontrollbank AG	3.125	%	10/14/11		2,225			2,276
Oesterreichische Kontrollbank AG	1.875	%	3/21/12		475			475
Oesterreichische Kontrollbank AG	4.500	%	3/9/15		125			130
Oesterreichische Kontrollbank AG	5.000	%	4/25/17		325			339
Ontario Electricity Financial Corp.	7.450	%	3/31/13		300			341
Pemex Project Funding Master Trust	9.125	%	10/13/10		40			42
Pemex Project Funding Master Trust	5.750	%	3/1/18		1,400			1,410
Pemex Project Funding Master Trust	6.625	%	6/15/35		1,231			1,168
Pemex Project Funding Master Trust	6.625	%	6/15/38		350			325
Peruvian Government International Bond	9.875	%	2/6/15		475			600
Peruvian Government International Bond	7.125	%	3/30/19		1,550			1,783
Peruvian Government International Bond	7.350	%	7/21/25		200			229
3 Peruvian Government International Bond	6.550	%	3/14/37		300			312
Petrobras International Finance Co.	6.125	%	10/6/16		1,013			1,087
Petrobras International Finance Co.	5.875	%	3/1/18		100			101
Petrobras International Finance Co.	8.375	%	12/10/18		650			769
Petrobras International Finance Co.	7.875	%	3/15/19		1,050			1,212
Petrobras International Finance Co.	5.750	%	1/20/20		300			303
Petrobras International Finance Co.	6.875	%	1/20/40		300			305
Petroleos Mexicanos	8.000	%	5/3/19		125			144
Poland Government International Bond	6.250	%	7/3/12		600			649
Poland Government International Bond	5.250	%	1/15/14		425			455
Poland Government International Bond	6.375	%	7/15/19		975			1,060
Province of Manitoba Canada	4.900	%	12/6/16		950			996


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Province of Nova Scotia Canada	5.750	%	2/27/12		100			107
Province of Ontario Canada	2.750	%	2/22/11		1,075			1,094
Province of Ontario Canada	3.375	%	5/20/11		900			927
Province of Ontario Canada	5.000	%	10/18/11		225			239
Province of Ontario Canada	1.875	%	11/19/12		1,250			1,242
Province of Ontario Canada	4.100	%	6/16/14		900			938
Province of Ontario Canada	4.750	%	1/19/16		400			419
Province of Ontario Canada	5.450	%	4/27/16		1,050			1,142
Province of Ontario Canada	4.000	%	10/7/19		1,000			954
Province of Quebec Canada	4.875	%	5/5/14		300			319
Province of Quebec Canada	4.600	%	5/26/15		125			130
Province of Quebec Canada	5.125	%	11/14/16		1,075			1,157
Province of Quebec Canada	4.625	%	5/14/18		225			228
Province of Quebec Canada	7.500	%	9/15/29		750			940
Province of Saskatchewan Canada	7.375	%	7/15/13		100			114
Region of Lombardy Italy	5.804	%	10/25/32		325			318
Republic of Korea	4.250	%	6/1/13		675			695
Republic of Korea	5.750	%	4/16/14		900			978
Republic of Korea	7.125	%	4/16/19		475			546
Republic of Korea	5.625	%	11/3/25		100			101
South Africa Government International Bond	7.375	%	4/25/12		425			467
South Africa Government International Bond	6.875	%	5/27/19		825			926
South Africa Government International Bond	5.875	%	5/30/22		175			179
Svensk Exportkredit AB	4.000	%	6/15/10		200			203
Svensk Exportkredit AB	3.250	%	9/16/14		775			775
Svensk Exportkredit AB	5.125	%	3/1/17		175			185
United Mexican States	5.875	%	2/17/14		275			299
United Mexican States	5.950	%	3/19/19		1,650			1,745
Total Sovereign Bonds (Cost $143,841)								147,294
Taxable Municipal Bonds (0.4%)
American Muni. Power Ohio Inc.	6.053	%	2/15/43		50			47
Bay Area Toll Auth. CA Toll Bridge Rev.	6.263	%	4/1/49		350			336
Board of Trustees of The Leland
Stanford Junior University	3.625	%	5/1/14		550			566
Board of Trustees of The Leland
Stanford Junior University	4.250	%	5/1/16		150			153
California GO	5.250	%	4/1/14		225			228
California GO	6.200	%	10/1/19		675			657
California GO	7.500	%	4/1/34		1,275			1,247
California GO	5.650	%	4/1/39		225			233
California GO	7.300	%	10/1/39		175			165
California GO	7.350	%	11/1/39		1,200			1,169
Central Puget Sound WA Regional Transit Auth.
Sales & Use Tax Rev.	5.491	%	11/1/39		100			97
Chicago IL Board of Educ. GO	6.138	%	12/1/39		50			50
Chicago IL Metro. Water Reclamation Dist. GO	5.720	%	12/1/38		200			201
Chicago IL Transit Auth. Rev.	6.899	%	12/1/40		325			339
Clark County NV Airport Improvement Rev.	6.881	%	7/1/42		75			74
Commonwealth Financing Auth. Pennsylvania Rev.	6.218	%	6/1/39		350			349
Connecticut GO	5.850	%	3/15/32		425			430


Institutional Total Bond Market Index Fund



					Face			Market
			Maturity		Amount			Value^•
	Coupon		Date	($	000	)	($	000	)
Dallas County Hosp. Dist. GO	5.621	%	8/15/44		100			98
Dartmouth College	4.750	%	6/1/19		50			51
Denver CO City & County School Dist.	5.664	%	12/1/33		75			73
District of Columbia Income Tax Rev.	5.591	%	12/1/34		75			73
Georgia GO	4.503	%	11/1/25		350			336
Howard Hughes Medical Institute	3.450	%	9/1/14		225			228
Illinois GO	4.950	%	6/1/23		1,350			1,263
Illinois GO	5.100	%	6/1/33		2,400			2,006
Illinois State Tollway Highway Auth.
Toll Highway Rev.	5.851	%	12/1/34		100			97
Johns Hopkins University	5.250	%	7/1/19		425			439
Kansas Dev. Finance Auth. Rev.
(Public Employee Retirement System)	5.501	%	5/1/34		300			286
Las Vegas Valley Water Dist. Nevada GO	7.013	%	6/1/39		100			106
Los Angeles CA Dept. of Water & Power Rev.	6.008	%	7/1/39		350			343
Los Angeles CA USD GO	5.750	%	7/1/34		300			276
Maryland Transp. Auth. Rev.	5.888	%	7/1/43		100			101
Massachusetts GO	5.456	%	12/1/39		300			289
Massachusetts School Building Auth.
Dedicated Sales Tax Rev.	5.715	%	8/15/39		150			148
Metro. New York Transp. Auth. Rev.	5.871	%	11/15/39		125			119
Metro. Washington DC Airports Auth. Rev.	7.462	%	10/1/46		75			76
Missouri Highways & Transp.
Comm. State Road Rev.	5.445	%	5/1/33		100			96
New Jersey Econ. Dev. Auth.	7.425	%	2/15/29		500			538
New Jersey Turnpike Auth. Rev.	4.252	%	1/1/16		10			10
New Jersey Turnpike Auth. Rev.	4.252	%	1/1/16		140			141
New Jersey Turnpike Auth. Rev.	7.414	%	1/1/40		675			761
New York City NY GO	5.985	%	12/1/36		100			98
New York City NY Muni. Water Finance Auth.
Water & Sewer System Rev.	5.750	%	6/15/41		100			97
New York City NY Transitional Finance Auth. Rev.	5.767	%	8/1/36		125			121
New York Metro. Transp. Auth. Rev.	7.336	%	11/15/39		150			168
New York State Urban Dev. Corp. Rev.	5.770	%	3/15/39		325			322
North Texas Tollway Auth. Rev.	6.718	%	1/1/49		200			210
Oregon (Taxable Pension) GO	5.762	%	6/1/23		100			102
Oregon (Taxable Pension) GO	5.892	%	6/1/27		200			201
Oregon GO	4.759	%	6/30/28		125			103
Oregon GO	5.528	%	6/30/28		50			48
Port Auth. of New York & New Jersey Rev.	6.040	%	12/1/29		175			174
San Antonio TX Electric & Gas Rev.	5.985	%	2/1/39		250			255
Tobacco Settlement Finance Auth. Rev.	7.467	%	6/1/47		285			225
Univ. of California Regents	6.583	%	5/15/49		150			150
Univ. of Texas Permanent Univ. Fund Rev.	5.262	%	7/1/39		100			96
Univ. of Texas Permanent Univ. Fund Rev.	6.276	%	8/15/41		100			101
Utah GO	4.554	%	7/1/24		150			147
Washington GO	5.481	%	8/1/39		50			48
Wisconsin GO	4.800	%	5/1/13		125			135
Wisconsin GO	5.700	%	5/1/26		125			121
Total Taxable Municipal Bonds (Cost $17,844)								17,217


Institutional Total Bond Market Index Fund


					Market
					Value^•
	Coupon		Shares	($	000	)
Temporary Cash Investment (4.1%)
Money Market Fund (4.1%)
6 Vanguard Market Liquidity Fund
(Cost $170,921)	0.187	%	170,920,676		170,921
Total Investments (103.6%) (Cost $4,220,372)					4,296,878
Other Assets and Liabilities (-3.6%)
Other Assets					400,728
Liabilities					(548,878	)
					(148,150	)
Net Assets (100%)
Applicable to 79,762,331 outstanding $.0 01 par value shares of
beneficial interest (unlimited authorization)					4,148,728
Net Asset Value Per Share				$	52.01


At December 31, 2009, net assets consisted of:
					Amount
				($	000	)
Paid-in Capital					4,074,386
Undistributed Net Investment Income					—
Accumulated Net Realized Losses					(2,164	)
Unrealized Appreciation (Depreciation)					76,506
Net Assets					4,148,728

• See Note A in Notes to Financial Statements.

1 Guaranteed by the Federal Deposit Insurance Corporation (FDIC) as part of the Temporary Liquidity Guarantee Program.

2 The issuer operates under a congressional charter; its securities are not backed by the full faith and credit of the U.S. government.

3 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments and prepayments or the possibility of the issue being called.

4 Adjustable-rate security.

5 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At December 31, 2009, the aggregate value of these securities was $20,812,000, representing 0.5% of net assets.

6 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.

GO—General Obligation Bond.

REIT—Real Estate Investment Trust.

USD—United School District.

See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Total Bond Market Index Fund


Statement of Assets and Liabilities
As of December 31, 2009

		Market Value
	($	000	)
Assets
Investments in Securities, at Value		4,296,878
Receivables for Investment Securities Sold		103,619
Receivables for Capital Shares Issued		261,038
Other Assets		36,071
Total Assets		4,697,606
Liabilities
Payables for Investment Securities Purchased		396,406
Payables for Capital Shares Redeemed		146,801
Other Liabilities		5,671
Total Liabilities		548,878
Net Assets		4,148,728

See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Total Bond Market Index Fund


Statement of Operations

		Year Ended
		December 31, 2009
	($	000	)
Investment Income
Income
Interest¹		204,896
Total Income		204,896
Expenses
The Vanguard Group—Note B
Management and Administrati ve		2,409
Total Expenses		2,409
Net Investment Income		202,487
Realized Net Gain (Loss)
Investment Securities Sold		38,799
Swap Contracts		1,751
Realized Net Gain (Loss)		40,550
Change in Unrealized Appreciation (Depreciation) of Investment Securities		(3,253	)
Net Increase (Decrease) in Net Assets Resulting from Operations		239,784
1 Interest income from an affiliated company of the fund was $639,000.




See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Total Bond Market Index Fund


Statement of Changes in Net Assets

		Year Ended December 31,
		2009			2008
	($	000	)	($	000	)
Increase (Decrease) in Net Assets
Operations
Net Investment Income		202,487			372,841
Realized Net Gain (Loss)		40,550			13,983
Change in Unrealized Appreciation (Depreciation)		(3,253	)		(18,217	)
Net Increase (Decrease) in Net Assets Resulting from Operations		239,784			368,607
Distributions
Net Investment Income		(209,736	)		(351,110	)
Realized Capital Gain¹		(21,216	)		—
Total Distributions		(230,952	)		(351,110	)
Capital Share Transactions
Issued		2,582,590			3,315,056
Issued in Lieu of Cash Distributions		190,116			322,797
Redeemed		(6,069,982	)		(3,816,520	)
Net Increase (Decrease) from Capital Share Transactions		(3,297,276	)		(178,667	)
Total Increase (Decrease)		(3,288,444	)		(161,170	)
Net Assets
Beginning of Period		7,437,172			7,598,342
End of Period²		4,148,728			7,437,172

1	Includes fiscal 2009 short-term gain distributions totaling $21,216,000. Short-term gain distributions are treated as ordinary income dividends for tax purposes.
2	Net Assets—End of Period includes undistributed net investment income of $0 and $5,025,000.

See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Total Bond Market Index Fund


Financial Highlights


For a Share Outstanding								Year Ended December 31,
Throughout Each Period		2009			2008			2007			2006			2005
Net Asset Value, Beginning of Period	$	51.33		$	51.19		$	50.32		$	50.79		$	51.79
Investment Operations
Net Investment Income		2.176			2.508			2.596			2.540			2.263
Net Realized and Unrealized Gain (Loss)
on Investments		.859			(.008	)		.830			(.429	)		(1.007	)
Total from Investment Operations		3.035			2.500			3.426			2.111			1.256
Distributions
Dividends from Net Investment Income		(2.205	)		(2.360	)		(2.556	)		(2.581	)		(2.256	)
Distributions from Realized Capital Gains		(.150	)		—			—			—			—
Total Distributions		(2.355	)		(2.360	)		(2.556	)		(2.581	)		(2.256	)
Net Asset Value, End of Period	$	52.01		$	51.33		$	51.19		$	50.32		$	50.79

Total Return		6.06	%		5.05	%		7.01	%		4.30	%		2.47	%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$	4,149		$	7,437		$	7,598		$	4,826		$	2,861
Ratio of Total Expenses to
Average Net Assets		0.05	%		0.05	%		0.05	%		0.05	%		0.05	%
Ratio of Net Investment Income to
Average Net Assets		4.30	%		4.88	%		5.17	%		5.08	%		4.47	%
Portfolio Turnover Rate¹&nb sp;		104	%		88	%		62	%		63	%		68	%

1 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares.

See accompanying Notes, which are an integral part of the Financial Statements.

Institutional Total Bond Market Index Fund

Notes to Financial Statements

Vanguard Institutional Total Bond Market Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund is offered to investors who meet certain administrative and service criteria and invest a minimum of $100 million. Certain of the fund’s investments are in corporate debt instruments; the issuers’ abilities to meet their obligations may be affected by economic developments in their respective industries.

1. Security Valuation: Bonds, and temporary cash investments acquired over 60 days to maturity, are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Other temporary cash investments are valued at amortized cost, which approximates market value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.

2. Swap Contracts: The fund is subject to credit risk through its investment in swap transactions to earn the total return on the Commercial Mortgage-Backed Securities (CMBS) Index. Under the terms of the swaps, the fund receives the total return (either receiving the increase or paying the decrease) on the CMBS index, applied to a notional principal amount. In return, the fund agrees to pay the counterparty a floating rate, which is reset periodically based on short-term interest rates, applied to the same notional amount. At the same time, the fund invests an amount equal to the notional amount of the swaps in high-quality floating-rate securities.

The notional amounts of swap contracts are not recorded in the Statement of Net Assets. Swaps are valued daily and the change in value is recorded as unrealized appreciation (depreciation) until periodic payments are made, or the swap terminates, at which time realized gain (loss) is recorded. A primary risk for all types of swaps is that a counterparty will default on its obligation to pay net amounts due to the fund. The fund’s maximum risk of loss from counterparty credit risk is the amount of unrealized appreciation on the swap contract. This risk is mitigated by entering into swaps only with highly rated counterparties, by a master netting arrangement between the fund and the counterparty and by the posting of collateral by the counterparty. The swap contracts contain provisions whereby a counter-party may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment b y the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has posted. Any securities posted as collateral for open contracts are noted in the Statement of Net Assets.

3. Mortgage Dollar Rolls: The fund has entered into mortgage-dollar-roll transactions, in which the fund sells mortgage-backed securities to a dealer and simultaneously agrees to purchase similar securities in the future at a predetermined price. The proceeds of the securities sold in mortgage-dollar-roll transactions are invested in high-quality short-term fixed income securities. The fund forgoes principal and interest paid on the securities, and is compensated by interest earned on the proceeds of the initial sale and by a lower price on the securities to be repurchased. The fund accounts for mortgage-dollar-roll transactions as purchases and sales; as such, these transactions may increase the fund’s portfolio turnover rate. Amounts to be received or paid in connection with open mortgage dollar rolls

Institutional Total Bond Market Index Fund

are included in Receivables for Investment Securities Sold or Payables for Investment Securities Purchased in the Statement of Assets and Liabilities. The primary risk associated with mortgage dollar rolls is t hat a counterparty will default on its obligations to deliver purchased securities.

4. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (December 31, 2006–2009), and has concluded that no provision for federal income tax is required in the fund’s financial statements.

5. Distributions: Distributions from net investment income are declared daily and paid on the first business day of the following month. Annual distributions from realized capit al gains, if any, are recorded on the ex-dividend date.

6. Other: Interest income includes income distributions received from Vanguard Market Liquidity

Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

B. The Vanguard Group provides investment advisory, corporate management, administrative, marketing, and distribution services and pays for all other operating expenses, except for ta xes, in return for a fee calculated at an annual percentage rate of the average net assets of the fund. The fund’s trustees and officers are also directors and officers of Vanguard.

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indi cation of the risk associated with investing in those securities.

Level 1—Quoted prices in activ e markets for identical securitie s.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investment s).

The following table summarizes the fund’s investments as of December 31, 2009, based on the inputs used to value them:


		Level 1			Level 2			Level 3
Investments	($	000	)	($	000	)	($	000	)
U.S. Government and Agency Obligations		—			3,023,913			—
Asset-Backed/Commercial Mortgage-Backed Securities		—			144,833			—
Corporate Bonds		—			792,700			—
Sovereign Bonds		—			147,294			—
Taxable Municipal Bonds		—			17,217			—
Temporary Cash Investments		170,921			—			—
Total		170,921			4,125,957			—

Institutional Total Bond Market Index Fund

D. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different pe riods for financial statement and tax purposes; these differences will reverse at some time in the future.

Realized and unrealized gains (losses) on certain of the fund’s swap contracts are treated as ordinary income (loss) for tax purposes; the effect on the fund’s income dividends to shareholders is offset by a change in principal return. Realized gains of $1,751,000 on swap contracts have been reclassified from accumulated net realized losses to undistributed net investment income.

During the year ended December 31, 2009, the fund realized $39,508,000 of net capital gains resulting from in-kind redemptions—in which shareholders exchanged fund shares for securities held by the fund rather than for cash. Because such gains are not taxable to the fund, and are not distributed to shareholders, they have been reclassified from accumulated net realized losses to paid-in capital.

For tax purposes, at December 31, 2009, the fund had available capital loss carryforwards totaling $747,000 to offset future net capital gains through December 31, 2017.

Certain of the fund’s U.S. Treasury Inflation-Indexed securities experienced deflation adjustments that reduced interest income and the cost of investments for financial st atement purposes by an amount greater than the reduction of taxable income; the additional income reduction was deferred for tax pur-poses until it was used to offset future inflation adjustments that increase taxable income. The difference became permanent when the securities were sold. During the year ended December 31, 2009, the fund realized gains of $473,000 that were included in ordinary income for tax purposes as a result of deferred deflation adjustments; accordingly such gains have been reclassified from accumulated net realized gains to undistributed net investment income.

At December 31, 2009, the cost of investment securities for tax purposes was $4,221,801,000. Net unrealized appreciation of investment securities for tax purposes was $75,077,000, consisting of unrealized gains of $109,958,000 on securities that had risen in value since their purchase and $34,881,000 in unrealized losses on securities that had fallen in value since their purchase.

E. During the year ended December 31, 2009, the fund purchased $467,267,000 of investment securities and sold $1,290,427,000 of investment securities, other than U.S. government securities and temporary cash investments. Purchases and sales of U.S. government securities were $5,303,560,000 and $7,630,124,000, respectively.

F.	Capital shares issued and redeemed were:


	Year Ended December 31,
	2009		2008
	Shares		Shares
	(000	)	(000	)
Issued	50,225		65,984
Issued in Lieu of Cash Distributions	3,710		6,374
Redeemed	(119,063	)	(75,914	)
Net Increase (Decrease) in Shares Outstanding	(65,128	)	(3,556	)

Institutional Total Bond Market Index Fund

G. In preparing the financial statements as of December 31, 2009, management considered the impact of subsequent events occurring through February 16, 2010, for potential recognition or disclosure in these financial statements.

As of the close of business on February 5, 2010, all the net assets of the fund were acquired by Vanguard Total Bond Market Index Fund pursuant to a plan of reorganization approved by the funds’ board of trustees and shareholders at a meeting held on February 3, 2010. The acquisition was accomplished by a tax-free exchange of 403,613,000 of the Total Bond Market Index Fund’s capital shares for the 80,272,000 shares of the fund outstanding as of the close of business on February 5, 2010. Shares of the fund were exchanged for new Institutional Plus Shares of Total Bond Market Index Fund. The fund’s net assets of $4,235,240,000, including $134,921,000 of unrealized appreciation, were combined with Total Bond Market I ndex Fund’s net assets of $70,363,886,000, resulting in combined net assets of $74,599,126,000 immediately following the acquis ition of the fund.

Report of Independent Registered Public A ccounting Firm

To the Trustees of Vanguard Institutional Index Funds and the Shareholders of Vanguard Institutional Total Bond Market Index Fund:

In our opinion, the accompanying statement of net assets and statement of assets and liabilities, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Vanguard Institutional Total Bond Market Index Fund (constituting a separate portfolio of Vanguard Institutional Index Funds, hereafter referred to as the “Fund”) at December 31, 2009, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as “financial statements”) are the responsibility of the Fund’s management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evi dence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at December 31, 2009 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of Vanguard Market Liquidity Fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

February 16, 2010

About Your Fund’s Expenses

The accompanying table illustrates your fund’s costs in two ways:


Six Months Ended December 31, 2009
		Beginning		Ending		Expenses
		Account Value		Account Value		Paid During
Institutional Total Bond Market Index Fund		6/30/2009		12/31/2009		Period
Based on Actual Fund Return	$	1,000.00	$	1,039.02	$	0.26
Based on Hypothetical 5% Yearly Return		1,000.00		1,024.95		0.26

The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratio for that period is 0.05%. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period.

Glossary

Average Coupon. The average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.

Average Duration. An estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates. To see how the value could change, multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an average duration of five years would decline by about 5%. If rates decrease by a percentage point, the value would rise by 5%.

Average Effective Maturity. The average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility that the issuer may call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects any futures contracts held. In general, the longer the average effective maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.

Average Quality. An indicator of credit risk, this figure is the average of the ratings assigned to a fund’s fixed income holdings by credit-rating agencies. The agencies make their judgment after appraising an issuer’s ability to meet its obligations. Quality is graded on a scale, with Aaa or AAA indicating the most creditworthy bond issuers. U.S. Treasury securities are considered to have the highest credit quality.

Expense Ratio. The percentage of a fund’s average net assets used to pay its annual administrative and advisory expenses. These expenses directly reduce returns to investors.

Short-Term Reserves. The percentage of a fund invested in highly liquid, short-term securities that can be readily converted to cash.

Yield to Maturity. The rate of return an investor would receive if the fixed income securities held by a fund were held to their maturity dates.

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The People Who Govern Your Fund

The following table provides information for each trustee and executive officer of the fund. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at www.vanguard.com.

Interested Trustee¹

F. William McNabb III

Born 1957. Trustee Since July 2009. Chairman of the Board. Principal Occupation(s) During the Past Five Years: Chairman of the Board of The Vanguard Group, Inc., and of each of the investment companies served by The Vanguard Group, since January 2010; Director of The Vanguard Group since 2008; Chief Executive Officer and President of The Vanguard Group and of each of the investment companies served by The Vanguard Group since 2008 ; Director of Vanguard Marketing Corporation; Managing Director of The Vanguard Group (1995–2008).

Independent Trustees

Emerson U. Fullwood

Rajiv L. Gupta

Born 1945. Trustee Since December 2001.²Principal Occupation(s) During the Past Five Years: Chairman and Chief Executive Officer (retired 2009) and President (2006–2008) of Rohm and Haas Co. (chemicals); Board Member of American Chemistry Council; Director of Tyco International, Ltd. (diversified manufacturing and services) and Hewlett-Packard Co. (electronic computer manufacturing); Trustee of The Conference Board.

Amy Gutmann

Trustee of the National Constitution Center.

JoAnn Heffernan Heisen

F. Joseph Loughrey

Born 1949. Trustee Since October 2009. Principal Occupation(s) During the Past Five Years: President and Chief Operating Officer since 2005 (retired 2009) and Vice Chairman of the Board (2008–2009) of Cummins Inc. (industrial machinery); Director of SKF AB (industrial machinery), Hillenbrand, Inc. (specialized consumer services), Sauer-Danfoss Inc. (machinery), the Lumina Foundation for Education, and the Columbus Community Education Coalition; Chairman of t he Advisory Council for the College of Arts and Letters at the Uni versity of Notre Dame.

André F. Perold

Alfred M. Rankin, Jr.

Peter F. Volanakis

Born 1955. Trustee Since July 2009. Principal Occupation(s) During the Past Five Years: President since 2007 and Chief Operating Officer since 2005 of Corning Incorporated (communications equipment); President of Corning Technologies (2001–2005); Director of Corning Incorporated and Dow Corning; Trustee of the Corning Incorporated Foundation and the Corning Museum of Glass; Overseer of the Amos Tuck School of Business Administration at Dartmouth College.

Executive Officers

Thomas J. Higgins

Kathryn J. Hyatt

(1988–2008).

Heidi Stam

Born 1956. Secretary Since July 2005. Principal Occupation(s) During the Past Five Years: Managing Director of The Vanguard Group, Inc., since 2006; General Counsel of The Vanguard Group since 2005; Secretary of The Vanguard Group and of each of the investment companie s served by The Vanguard Group since 2005; Director and Senior Vice President of Vanguard Marketing Corporation since 2005; Principal of The Vanguard Group (1997–2006).

Vanguard Senior Management Team

R. Gregory Barton
Mortimer J. Buckley
Kathleen C. Gubanich
Paul A. Heller

Michael S. Miller
James M. Norris
Glenn W. Reed
George U. Sauter

Chairman Emeritus and Senior Advisor

John J. Brennan

Chairman, 1996–2009

Chief Executive Officer and President, 1996–2008

Founder

John C. Bogle

Chairman and Chief Executive Officer, 1974–1996

1 Mr. McNabb is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds.

2 December 2002 for Vanguard Equity Income Fund, Vanguard Growth Equity Fund, the Vanguard Municipal Bond Funds, and the Vanguard State Tax-Exempt Funds.

P.O. Box 2600
Valley Forge, PA 19482-2600

Connect with Vanguard® > www.vanguard.com

Fund Information > 800-662-7447

Direct Investor Account Services > 800-662-2739

Institutional Investor Services > 800-523-1036

Text Telephone for People
With Hearing Impairment > 800-749-7273

This material may be used in conjunction
with the offering of shares of any Vanguard
fund only if preceded or accompanied by
the fund’s current prospectus.

All comparative mutual fund data are from Lipper Inc. or
Morningstar, Inc., unless otherwise noted.

You can obtain a free copy of Vanguard’s proxy voting
guidelines by visiting our website, www.vanguard.com,
and searching for “proxy voting guidelines,” or by calling
Vanguard at 800-662-2739. The guidelines are also
available from the SEC’s website, www.sec.gov. In
addition, you may obtain a free report on how your fund
voted the proxies for securities it owned during the 12
months ended June 30. To get the report, visit either
www.vanguard.com or www.sec.gov.

You can review and copy information about your fund at
the SEC’s Public Reference Room in Washington, D.C. To
find out more about this public service, call the SEC at
202-551-8090. Information about your fund is also
available on the SEC’s website, and you can receive
copies of this information, for a fee, by sending a
request in either of two ways: via e-mail addressed to
publicinfo@sec.gov or via regular mail addressed to the
Public Reference Section, Securities and Exchange
Commission, Washington, DC 20549-1520.

Vanguard Institutional Total Stock Market Index Fund Annual Report

For the fiscal year ended December 31, 2009, the broad U.S. stock market returned about 29%, with all market sectors producing positive results.
The Institutional Total Stock Market Index Fund, which invests in large-, mid-, and small-capitalization stocks, closely tracked its broad-market benchmark.
The index’s biggest gains came from the information technology and consumer discretionary sectors.


Contents
Your Fund’s Total Returns.........	1
Chairman’s Letter......................	2
Results of Proxy Voting............	7
Fund Profile..............................	8
Performance Summary.............	9
Financial Statements.................	11
About Your Fund’s Expenses......	56
Glossary.....................................	58

Institutional Total Stock Market Index Fund

See the Glossary for definitions of investment terms used in this report.

Cover photograph: Veronica Coia.


Your Fund’s Total Returns




Fiscal Year Ended December 31, 2009
	Total
	Returns
Vanguard Institutional Total Stock Market Index Fund
Institutional Shares	28.84	%
Institutional Plus Shares	28.92
MSCI US Broad Market Index	28.76
Multi-Cap Core Funds Average	30.88
Multi-Cap Core Funds Average: Derived from data provided by Lipper Inc.

Institutional Shares are available for a minimum initial investment of $100 million. Institutional Plus Shares are available for a minimum investment of $200 million.


Your Fund’s Performance at a Glance
December 31, 2008 , Through December 31, 2009
						Distributions Per Share
		Starting		Ending		Income		Capital
		Share Price		Share Price		Dividends		Gains
Vanguard Institutional Total Stock Market Index
Fund
Institutional Shares	$	19.68	$	24.80	$	0.483	$	0.000
Institutional Plus Shares		19.68		24.81		0.487		0.000

Chairman’s Letter

Dear Shareholder,

At the start of 2009, the United States was in the midst of the biggest economic crisis in decades and stock prices had fallen to historic lows. However, in mid-March, the market staged an impressive rally and stock prices began to soar. As of December 31, the broad U.S. stock market had gained nearly 29%. All sectors of the market posted positive returns for the period.

Vanguard Institutional Total Stock Market Index Fund—which holds both growth and value stocks of all market capitalizations—closely tracked the performance of the MSCI US Broad Market Index, which returned 28.76% in the period. The average return of the fund’s peer group, multi-cap core funds, was 30.88%.

Impressive stock returns masked lingering uncertainties

The U.S. market’s gain for the 12 months ended December 31 was its highest calendar-year return since 2003. The year began with the market searching for a bottom, and it finally hit a low point in early March. From there, stocks mounted one of their strongest rallies ever—in magnitude and duration—resulting in a check mark-shaped stock chart for 2009.

The market’s outsized result came against a backdrop of economic uncertainty. The economy, which struggled to regain its footing as the financial crisis abated, began to show signs of growth in

the second half of the year, even as unemployment climbed to levels not seen since 1983.

Bond markets calmed down, money market funds endured


Market Barometer

			Average Annual Total Returns
			Periods Ended December 31, 2009
	One		Three		Five
	Year		Years		Years
Stocks
Russell 1000 Index (Large-caps)	28.43	%	-5.36	%	0.79	%
Russell 2000 Index (Small-caps)	27.17		-6.07		0.51
Dow Jones U.S. Total Stock Market Index	29.35		-5.01		1.09
MSCI All Country World Index ex USA (International)	42.14		-3.04		6.30

Bonds
Barclays Capital U.S. Aggregate Bond Index (Broad
taxable market)	5.93	%	6.04	%	4.97	%
Barclays Capital Municipal Bond Index	12.91		4.41		4.32
Citigroup Three-Month U.S. Treasury Bill Index	0.16		2.22		2.88

CPI
Consumer Price Index	2.72	%	2.28	%	2.56	%

Growth in all sectors boosted the fund’s return

The Institutional Total Stock Market Index Fund, a reflection of the broad U.S. market, saw a huge turn of fortune in 2009, as the stock market experienced a historic comeback. After one of the worst global recessions in decades, the economy began to show signs of recovery as government stimulus programs took hold and investors slowly regained confidence.

The recovery was broad-based, and all ten market sectors posted gains for the year—in stark contrast to 2008, when all ten recorded losses. The biggest gains came from the information technology and consumer discretionary sectors.

Information technology stocks returned more than 60% for the year, adding about 11 percentage points to the index’s return. After being hit hard during the financial crisis, technology stocks spiked significantly when corporations and consumers resumed spending on computer hardware, software, and electronics. In the consumer discretionary sector, retailers, media companies, hotels, and restaurants started to bounce back as consumers slowly began opening their wallets again. The sector added more than 4 percentage points to the fund’s total return for the year.

The financial sector—the area of the market that was hit hardest by the global credit crisis—was also one of the fund’s top performers for the period. Financial companies, including big banks, investment firms, and insurance companies, began to win back investors’ confidence as their balance sheets showed signs of improvement. Health care and energy stocks were also noteworthy contributors for the period.

Recent volatility has taken a toll on long-term results

Since their inception in 2001, the Institutional Shares of Vanguard Institutional Total Stock Market Index Fund have recorded an average annual return of 2.90%, almost 1 percentage point better than the average result for the fund’s multi-cap core peers—many of which are actively managed.

As a group, institutional funds often have access to lower management fees than those available to retail funds, but the Institutional Total Stock Market Index Fund’s combination of low costs and market-like returns has proved a tough foe for even its most attractively priced actively managed peers. This is a testament, in part, to the indexing strategy. Without excellent execution, however, a good strategy is worth little. Vanguard Quantitative Equity Group, the fund’s advisor, has more than 30 years of index-tracking experience.

These long-tenured professionals have developed sophisticated portfolio construction and trading methodologies to help Vanguard deliver sound index fund management in a variety of different marketplaces and market environments.

While equity returns for the decade were undoubtedly disappointing, it’s worthwhile to consider the investing environment, which included the bursting of the technology stock bubble and three straight years of negative returns from 2000 through 2002 as well as the global financial crisis of 2008–2009. We believe the reasons for long-term equity investing remain sound. History indicates that both the U.S. economy and stock market have been resilient over the years and have overcome many crises, including the

Great Depression and two World Wars. The inherent risk in equity investments is, paradoxically, both why they sometimes generate poor returns and why we expect them to outperform less risky assets over time.

A solid core holding in all market weathers


Total Returns
Inception Through December 31, 2009
	Average
	Annual Return
Institutional Total Stock Market Index Fund Institutional Shares (Returns since inception:
8/31/2001)	2.90	%
Spliced Institutional Total Stock Market Index	2.83
Multi-Cap Core Funds Average	1.92

Spliced Institutional Total Stock Market Index: Dow Jones Wilshire 5000 Index through April 8, 2005; MSCI US Broad Market Index thereafter. Multi-Cap Core Funds Average: Derived from data provided by Lipper Inc.

The Institutional Total Stock Market Index Fund’s history of tightly tracking its benchmark index over long periods and its long-term record versus its peers offer strong evidence that indexing is effective. At Vanguard, we believe that the best way for your organization to withstand the inevitable market volatility and pursue long-term investment success is to maintain a carefully chosen portfolio of stocks, bonds, and short-term reserves tailored to the circumstances of your institution. We believe the Institutional Total Stock Market Index Fund is a sensible investment for a core holding in an institutional portfolio.

On another matter, I would like to inform you that as of January 1, 2010, we completed a leadership transition that began in March 2008. I succeeded Jack Brennan as chairman of Vanguard and each of its funds. Jack has agreed to serve as chairman emeritus and senior advisor.

As always, thank you for entrusting your assets to Vanguard.

Sincerely,

F. William McNabb III

Chairman and Chief Executive Officer

January 13, 2010

Results of Proxy Voting

At a special meeting of shareholders on July 2, 2009, fund shareholders approved the following two proposals:

Proposal 1—Elect trustees for each fund.*


			Percentage
Trustee	For	Withheld	For
John J. Brennan	800,870,883	12,470,067	98.5	%
Charles D. Ellis	789,425,633	23,915,317	97.1	%
Emerson U. Fullwood	804,990,098	8,350,851	99.0	%
Rajiv L. Gupta	802,591,507	10,749,443	98.7	%
Amy Gutmann	805,052,646	8,288,304	99.0	%
JoAnn Heffernan Heisen	802,450,398	10,890,552	98.7	%
F. William McNabb III	803,031,309	10,309,641	98.7	%
André F. Perold	802,741,071	10,599,879	98.7	%
Alfred M. Rankin, Jr.	802,368,637	10,972,313	98.7	%
Peter F. Volanakis	805,004,858	8,336,092	99.0	%
^*Results are for all funds within the same trust.

Proposal 2—Update and standardize the funds’ fundamental policies regarding:
(a) Purchasing and selling real estate.
(b) Issuing senior securities.
(c) Borrowing money.
(d) Making loans.
(e) Purchasing and selling commodities.
(f) Concentrating investments in a particular industry or group of industries.
(g) Eliminating outdated fundamental investment policies not required by law.


				Broker	Percentage
Vanguard Fund	For	Abstain	Against	Non-Votes	For
Institutional Total Stock Market Index Fund
2a	337,275,080	14,899,556	130,492	5,520,366	94.3	%
2b	337,237,388	14,922,391	145,350	5,520,365	94.2	%
2c	337,260,619	14,899,723	144,786	5,520,366	94.3	%
2d	337,257,239	14,897,411	150,476	5,520,368	94.3	%
2e	337,262,198	14,897,623	145,309	5,520,364	94.3	%
2f	337,269,468	14,908,149	127,511	5,520,366	94.3	%
2g	337,256,740	14,908,812	139,576	5,520,366	94.3	%

Institutional Total Stock Market Index Fund


Fund Profile
As of December 31, 2009

Share-Class Characteristics
Institutional					Institutional
		Shares			Plus Shares
Ticker Symbol		VITNX			VITPX
Expense Ratio¹		0.045	%		0.025	%
30-Day SEC Yield		1.73	%		1.75	%

Portfolio Characteristics
					MSCI US
					Broad Market
		Fund			Index
Number of Stocks		3,240			3,560
Median Market Cap	$	30.0	B	$	30.0	B
Price/Earnings Ratio		35.4	x		35.4	x
Price/Book Ratio		2.1	x		2.1	x
Return on Equity		19.4	%		19.3	%
Earnings Growth Rate		8.4	%		8.4	%
Dividend Yield		1.8	%		1.8	%
Foreign Holdings		0.0	%		0.0	%
Turnover Rate		13	%		—
Short-Term Reserves		0.2	%		—

Sector Diversification (% of equity exposure)


			MSCI US
			Broad Market
	Fund		Index
Consumer Discretionary	10.2	%	10.2	%
Consumer Staples	9.8		9.8
Energy	11.0		11.0
Financials	15.2		15.3
Health Care	12.6		12.6
Industrials	11.0		10.9
Information Technology	19.6		19.6
Materials	3.9		3.9
Telecommunication
Services	2.9		2.9
Utilities	3.8		3.8


Volatility Measures
	MSCI US
	Broad Market
	Index
R-Squared	1.00
Beta	1.00

These measures show the degree and timing of the fund’s fluctuations compared with the index over 36 months.

Ten Largest Holdings (% of total net assets)


Exxon Mobil Corp.	Integrated Oil &
	Gas	2.7	%
Microsoft Corp.	Systems Software	2.0
Apple Inc.	Computer
	Hardware	1.5
Johnson & Johnson	Pharmaceuticals	1.4
Procter & Gamble Co.	Household
	Products	1.4
International Business	Computer
Machines Corp.	Hardware	1.4
AT&T Inc.	Integrated
	Telecommunication
	Services	1.3
JPMorgan Chase & Co.	Diversified Financial
	Services	1.3
General Electric Co.	Industrial
	Conglomerates	1.3
Chevron Corp.	Integrated Oil &
	Gas	1.3
Top Ten		15.6	%

The holdings listed exclude any temporary cash investments and equity index products.

1 The expense ratios shown are from the prospectus dated April 29, 2009. For the fiscal year ended December 31, 2009, the expense ratios were 0.045% for Institutional Shares and 0.025% for Institutional Plus Shares.

Institutional Total Stock Market Index Fund

Performance Summary

Cumulative Performance: August 31, 2001, Through December 31, 2009

Initial Investment of $100,000,000


	Average Annual Total Returns
	Periods Ended December 31, 2009
								Final Value
	One		Five		Since			of a $100,000,000
	Year		Years		Inception			Investment
Institutional Total Stock Market Index
Fund Institutional Shares	28.84	%	1.07	%	2.90	%	$	126,866,913
Spliced Institutional Total Stock Market
Index	28.76		1.01		2.83			126,188,760

Spliced Institutional Total Stock Market Index: Dow Jones Wilshire 5000 Index through April 8, 2005; MSCI US Broad Market Index thereafter.

Multi-Cap Core Funds Average: Derived from data provided by Lipper Inc.

Performance for the fund’s Institutional Shares and comparative standards is calculated since the Institutional Shares’ inception.


					Since			Final Value
	One		Five		Inception		of a $	200,000,000
	Year		Years		(5/31/2001	)		Investment
Institutional Total Stock Market
Index Fund Institutional Plus Shares	28.92	%	1.10	%	1.71	%	$	231,269,198
Spliced Institutional Total Stock
Market Index	28.76		1.01		1.60			229,281,384

Performance for the fund’s Institutional Plus Shares and comparative standards is calculated since the Institutional Plus Shares’ inception.

See Financial Highlights for dividend and capital gains information.

Institutional Total Stock Market Index Fund

Institutional Total Stock Market Index Fund Institutional Shares Spliced Institutional Total Stock Market Index

Institutional Total Stock Market Index Fund

Financial Statements

Statement of Net Assets

As of December 31, 2009


				Market
				Value^•
		Shares	($	000	)
Common Stocks (99.4%)¹
Consumer Discretionary (10.2%)
	McDonald’s Corp.	1,083,621		67,661
	Walt Disney Co.	1,775,477		57,259
	Home Depot Inc.	1,691,070		48,923
*	Amazon.com Inc.	343,072		46,150
	Comcast Corp. Class A	2,537,471		42,782
	Target Corp.	709,223		34,305
	Time Warner Inc.	1,177,229		34,304
	Lowe’s Cos. Inc.	1,466,610		34,304
	News Corp. Class A	2,236,829		30,622
*	DIRECTV Class A	902,315		30,092
*	Ford Motor Co.	2,815,331		28,153
	NIKE Inc. Class B	368,629		24,355
	Johnson Controls Inc.	667,240		18,176
	Staples Inc.	717,383		17,640
*	Starbucks Corp.	732,177		16,884
*	Viacom Inc. Class B	545,850		16,228
	Yum! Brands Inc.	463,250		16,200
*	Kohl’s Corp.	288,193		15,542
	TJX Cos. Inc.	421,076		15,390
	Time Warner Cable Inc.	350,067		14,489
	Best Buy Co. Inc.	351,631		13,875
*	Carnival Corp.	435,442		13,799
	Omnicom Group Inc.	308,690		12,085
	Coach Inc.	315,917		11,540
	McGraw-Hill Cos. Inc.	312,761		10,481
	Gap Inc.	484,658		10,154
*	Bed Bath & Beyond Inc.	260,101		10,048
*	priceline.com Inc.	39,936		8,726
	CBS Corp. Class B	585,610		8,228
	Marriott International Inc.
	Class A	300,941		8,201
*	Apollo Group Inc. Class A	129,610		7,852
	H&R Block Inc.	333,023		7,533
	Mattel Inc.	357,529		7,143
	Macy’s Inc.	418,379		7,012
	Starwood Hotels &
	Resorts Worldwide Inc.	185,978		6,801
	VF Corp.	88,753		6,500


				Market
				Value^•
		Shares	($	000	)
	Fortune Brands Inc.	149,578		6,462
	Cablevision Systems Corp.
	Class A	245,311		6,334
*	Liberty Media Corp.-
	Interactive	564,034		6,114
	Nordstrom Inc.	161,527		6,070
	Sherwin-Williams Co.	98,234		6,056
	Genuine Parts Co.	158,812		6,028
	Whirlpool Corp.	73,600		5,937
	Harley-Davidson Inc.	233,186		5,876
	JC Penney Co. Inc.	211,234		5,621
	International Game
	Technology	294,759		5,533
	Ross Stores Inc.	125,893		5,377
*	CarMax Inc.	219,254		5,317
	Tiffany & Co.	123,547		5,313
	Ltd Brands Inc.	272,298		5,239
*	O’Reilly Automotive Inc.	136,054		5,186
*	AutoZone Inc.	32,071		5,069
*	Expedia Inc.	196,305		5,047
*	Las Vegas Sands Corp.	328,638		4,910
	Virgin Media Inc.	277,879		4,677
	Darden Restaurants Inc.	131,753		4,621
^{*,^}	Sears Holdings Corp.	55,287		4,614
	Polo Ralph Lauren Corp.
	Class A	56,486		4,574
*	Urban Outfitters Inc.	125,398		4,388
	DISH Network Corp.
	Class A	207,175		4,303
*	Dollar Tree Inc.	89,015		4,299
	Wynn Resorts Ltd.	73,449		4,277
	Newell Rubbermaid Inc.	276,441		4,149
*	Discovery
	Communications Inc.
	Class A	134,195		4,116
	Hasbro Inc.	125,205		4,014
	Black & Decker Corp.	59,861		3,881
	BorgWarner Inc.	115,968		3,852
	Advance Auto Parts Inc.	95,081		3,849


Institutional Total Stock Market Index Fund



				Market
				Value^•
		Shares	($	000	)
*	Discovery
	Communications Inc.	140,404		3,724
	Scripps Networks
	Interactive Inc. Class A	89,558		3,717
^	Garmin Ltd.	119,696		3,675
	Autoliv Inc.	84,714		3,673
	Family Dollar Stores Inc.	131,819		3,669
	DeVry Inc.	63,847		3,622
*	ITT Educational
	Services Inc.	37,495		3,598
	Wyndham Worldwide Corp.	178,169		3,594
*	Interpublic Group
	of Cos. Inc.	483,538		3,569
*	Royal Caribbean
	Cruises Ltd.	138,145		3,492
	Gannett Co. Inc.	233,931		3,474
*	GameStop Corp. Class A	155,818		3,419
	Pulte Homes Inc.	341,837		3,418
	PetSmart Inc.	124,729		3,329
*	NVR Inc.	4,636		3,295
*	Goodyear Tire &
	Rubber Co.	228,798		3,226
	Comcast Corp.	199,815		3,199
	American Eagle
	Outfitters Inc.	185,621		3,152
	DR Horton Inc.	284,378		3,091
	Abercrombie & Fitch Co.	87,335		3,044
	Leggett & Platt Inc.	148,093		3,021
	Strayer Education In c.	13,951		2,964
	Tupperware Brands Corp.	62,927		2,931
*	Liberty Global Inc. Class A	130,859		2,867
*	Chipotle Mexican Grill Inc.
	Class A	31,531		2,780
*	Mohawk Industries Inc.	58,016		2,762
*	Marvel Entertainment Inc.	50,874		2,751
	Jarden Corp.	88,398		2,732
*	DreamWorks Animation
	SKG Inc. Class A	67,400		2,693
*	NetFlix Inc.	48,821		2,692
	Washington Post Co.
	Class B	6,060		2,664
*	Liberty Global Inc.	118,861		2,597
*	Toll Brothers Inc.	136,323		2,564
*	Chico’s FAS Inc.	177,178		2,489
*	LKQ Corp.	125,902		2,466
	Gentex Corp.	137,748		2,459
	RadioShack Corp.	124,946		2,436
*	MGM Mirage	263,633		2,404
*	Big Lots Inc.	82,403		2,388
	Guess? Inc.	55,156		2,333
*	Sirius XM Radio Inc.	3,879,866		2,328
	Harman International
	Industries Inc.	65,798		2,321
*	Aeropostale Inc.	67,179		2,287
*	Liberty Media Corp.-Starz	49,520		2,285
*	Hanesbrands Inc.	94,499		2,278


*	Lamar Advertising Co.
	Class A	72,669	2,259
*	J Crew Group Inc.	50,104	2,242
*	AutoNation Inc.	115,245	2,207
*	Dick’s Sporting Goods Inc.	87,336	2,172
*	Liberty Media Corp.-Capital	89,849	2,146
*	Bally Technologies Inc.	51,752	2,137
	Phillips-Van Heusen Corp.	51,496	2,095
	Service Corp. International	250,297	2,050
*	WMS Industries Inc.	50,490	2,020
*	Panera Bread Co. Class A	29,794	1,995
*	Career Education Cor p.	85,030	1,982
*	Warnaco Group Inc.	45,879	1,936
	Wendy’s/Arby’s Group Inc.
	Class A	399,207	1,872
	Williams-Sonoma Inc.	89,900	1,868
	John Wiley & Sons Inc.
	Class A	43,982	1,842
*	Penn National Gaming Inc.	66,301	1,802
	Burger King Holdings Inc.	94,731	1,783
*	Office Depot Inc.	275,947	1,780
	Foot Locker Inc.	155,665	1,734
*	Tractor Supply Co.	32,558	1,724
*	New York Times Co.
	Class A	136,049	1,682
*	TRW Automotive
	Holdings Corp.	69,479	1,659
	WABCO Holdings Inc.	63,767	1,645
*	Tempur-Pedic
	International Inc.	67,284	1,590
*	Fossil Inc.	46,474	1,560
	Brinker International Inc.	102,856	1,535
	Lennar Corp. Class A	119,427	1,525
	Sotheby’s	66,793	1,501
*	Carter’s Inc.	56,965	1,495
*	Brink’s Home Security
	Holdings Inc.	45,524	1,486
*	Collective Brands Inc.	64,642	1,472
*	Dana Holding Corp.	134,425	1,457
	Jones Apparel Group Inc.	84,842	1,363
	Wolverine World Wide Inc.	49,612	1,350
	Polaris Industries Inc.	30,812	1,344
*	Deckers Outdoor Corp.	13,141	1,337
*	Dress Barn Inc.	57,725	1,333
	Aaron’s Inc.	46,639	1,293
*	Gymboree Corp.	29,491	1,283
*	Cheesecake Factory Inc.	57,828	1,248
	Regal Entertainment Group
	Class A	84,244	1,216
	MDC Holdings Inc.	37,885	1,176
*	Lululemon Athletica Inc.	38,699	1,165
*	Rent-A-Center Inc.	65,659	1,163
	Hillenbrand Inc.	61,647	1,161
*	Eastman Kodak Co.	270,556	1,142
*	Corinthian Colleges Inc.	82,738	1,139
*	Jack in the Box Inc.	57,707	1,135

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Brunswick Corp.	89,065		1,132
	Thor Industries Inc.	35,994		1,130
*	Hyatt Hotels Corp. Class A	37,829		1,128
	Cooper Tire & Rubber Co.	55,827		1,119
	KB Home	81,035		1,109
	Meredith Corp.	35,813		1,105
*	ArvinMeritor Inc.	98,546		1,102
	Matthews International Corp.
	Class A	30,448		1,079
*	Tenneco Inc.	60,070		1,065
*	Capella Education Co.	14,115		1,063
	Choice Hotels
	International Inc.	33,250		1,053
	Dillard’s Inc. Class A	56,195		1,037
	Men’s Wearhouse Inc.	49,225		1,037
	Weight Watchers
	International Inc.	35,061		1,022
*	Scientific Games Corp.
	Class A	69,362		1,009
*	Charming Shoppes Inc.	155,552		1,006
*	Skechers U.S.A. Inc.
	Class A	34,156		1,005
*	OfficeMax Inc.	76,281		968
*	Vail Resorts Inc.	25,607		968
*	Jo-Ann Stores Inc.	26,677		967
*	HSN Inc.	47,710		963
	Interactive Data Corp.	37,760		955
*	Morningstar Inc.	19,638		949
	Scholastic Corp.	31,719		946
	Pool Corp.	48,856		932
^{*,^}	Under Armour Inc. Class A	33,866		924
*	Life Time Fitness Inc.	36,977		922
*	Blue Nile Inc.	14,533		920
*	Gaylord Entertainmen t Co.	46,562		920
*	Saks Inc.	138,517		909
	Bob Evans Farms Inc.	31,295		906
*	Iconix Brand Group Inc.	71,336		902
*	Valassis
	Communications Inc.	48,624		888
	Regis Corp.	56,776		884
	Cracker Barrel Old
	Country Store Inc.	22,714		863
	Ryland Group Inc.	43,791		863
	NutriSystem Inc.	27,654		862
	Arbitron Inc.	36,556		856
*	PF Chang’s China Bistro Inc.	22,170		840
*	Coinstar Inc.	30,201		839
*	Childrens Place
	Retail Stores Inc.	25,064		827
*	Fuel Systems Solutions Inc.	19,777		816
^	Buckle Inc.	27,594		808
*	AnnTaylor Stores Corp.	58,896		803
	International Speedway Corp.
	Class A	27,708		788
*	Orient-Express Hotels Ltd.
	Class A	77,433		785


				Market
				Value^•
		Shares	($	000	)
*	Timberland Co. Class A	43,376		778
*	JOS A Bank Clothiers Inc.	18,407		777
	American Greetings Corp.
	Class A	35,538		774
*	American Public
	Education Inc.	22,201		763
^	Barnes & Noble Inc.	39,670		757
*	Buffalo Wild Wings Inc.	18,692		753
	Finish Line Inc. Class A	59,831		751
	Belo Corp. Class A	136,485		742
*	CEC Entertainment Inc.	22,933		732
*	Liz Claiborne Inc.	125,389		706
*	American Axle &
	Manufacturing
	Holdings Inc.	87,063		698
*	CROCS Inc.	118,519		681
*	Live Nation Inc.	79,510		677
*	Group 1 Automotive Inc.	23,751		673
	National CineMedia Inc.	40,252		667
*	Lions Gate
	Entertainment Corp.	114,557		666
	Brown Shoe Co. Inc.	65,112		643
*	99 Cents Only Stores	48,369		632
*	Asbury Automotive
	Group Inc.	53,947		622
*	Clear Channel Outdoor
	Holdings Inc. Class A	59,512		618
*	Penske Auto Group Inc.	40,266		611
*	Cabela’s Inc.	42,173		601
*	BJ’s Restaurants Inc.	31,905		600
*	Hibbett Sports Inc.	27,083		596
	Big 5 Sporting Goods Corp.	34,175		587
*	G-III Apparel Group Ltd.	26,530		575
	Cato Corp. Class A	28,544		573
*	CTC Media Inc.	37,849		564
*	Steven Madden Ltd.	13,430		554
*	Pre-Paid Legal Services Inc.	13,364		549
*	Sonic Corp.	54,517		549
*	Helen of Troy Ltd.	22,393		548
	Christopher & Banks Corp.	71,856		548
*	California Pizza Kitchen Inc.	39,921		537
	Churchill Downs Inc.	14,283		533
	Ameristar Casinos Inc.	34,508		526
*	Maidenform Brands Inc.	31,094		519
*	America’s Car-Mart Inc.	19,487		513
*	Pinnacle Entertainment Inc.	56,160		504
*	Papa John’s International Inc.	20,945		489
	Ethan Allen Interiors Inc.	36,112		485
*	Universal Technical
	Institute Inc.	23,644		478
	Callaway Golf Co.	63,049		475
	Harte-Hanks Inc.	43,240		466
*	Genesco Inc.	16,961		466
*	AFC Enterprises Inc.	56,708		463
*	Ticketmaster
	Entertainment Inc.	37,436		457

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	CKE Restaurants Inc.	53,653		454
	K-Swiss Inc. Class A	44,900		446
*	Steiner Leisure Ltd.	11,193		445
*	Boyd Gaming Corp.	53,129		445
*	Drew Industries Inc.	21,443		443
	Stewart Enterprises Inc.
	Class A	85,095		438
*	Peet’s Coffee & Tea Inc.	13,073		436
	Unifirst Corp.	8,937		430
	Bebe Stores Inc.	68,525		430
*	Sally Beauty Holdings Inc.	54,898		420
*	Beazer Homes USA Inc.	86,676		420
*	Ascent Media Corp. Class A	16,187		413
*	Arctic Cat Inc.	43,949		403
*	Amerigon Inc.	50,640		402
*	Exide Technologies	55,403		394
*	Meritage Homes Corp.	19,954		386
*	Winnebago Industries	30,586		373
*	Texas Roadhouse Inc.
	Class A	32,851		369
*	Pacific Sunwear Of California	91,880		366
*	Modine Manufacturing Co.	30,875		366
*	Interval Leisure Group Inc.	29,280		365
	Haverty Furniture Cos. Inc.	26,570		365
	Blyth Inc.	10,662		360
	Cinemark Holdings Inc.	24,788		356
	Monro Muffler Brake Inc.	10,557		353
*	La-Z-Boy Inc.	36,944		352
*	True Religion Apparel Inc.	18,992		351
*	Hovnanian Enterprises Inc.
	Class A	91,158		350
	Fred’s Inc. Class A	34,245		349
	Cherokee Inc.	19,226		343
*	Domino’s Pizza Inc.	40,333		338
*	Volcom Inc.	20,033		335
*	Standard Pacific Corp.	86,688		324
	Columbia Sportswear Co.	8,121		317
*	Audiovox Corp. Class A	44,054		312
*	MarineMax Inc.	33,690		310
	CPI Corp.	24,629		302
^{*,^}	Brookfield Homes Corp.	37,318		299
*	DineEquity Inc.	12,283		298
*	Standard Motor
	Products Inc.	34,960		298
*	Kirkland’s Inc.	17,131		298
*	Denny’s Corp.	134,245		294
	Oxford Industries Inc.	14,152		293
*	Overstock.com Inc.	21,395		290
	CSS Industries Inc.	14,838		288
*	O’Charleys Inc.	43,633		286
*	Ruby Tuesday Inc.	39,678		286
*	Cavco Industries Inc.	7,936		285
	National Presto
	Industries Inc.	2,595		283
*	Retail Ventures Inc.	31,829		283
*	Jakks Pacific Inc.	23,309		282


				Market
				Value^•
		Shares	($	000	)
*	Alloy Inc.	36,292		282
	PetMed Express Inc.	15,794		278
*	Unifi Inc.	71,192		276
	Ambassadors Group In c.	20,541		273
	Stage Stores Inc.	22,045		272
	World Wrestling
	Entertainment Inc.
	Class A	17,739		272
*	Shutterfly Inc.	15,257		272
	PEP Boys-Manny
	Moe & Jack	32,022		271
*	Federal Mogul Corp.	15,554		269
*	RC2 Corp.	17,934		265
*	HOT Topic Inc.	40,325		256
*	Furniture Brands
	International Inc.	45,759		250
*	Drugstore.Com Inc.	79,869		247
	Lennar Corp. Class B	24,500		241
*	Landry’s Restaurants Inc.	11,282		240
*	AH Belo Corp. Class A	41,521		239
*	Red Robin Gourmet
	Burgers Inc.	13,019		233
*	Shuffle Master Inc.	28,268		233
*	DSW Inc. Class A	9,000		233
^{*,^}	Blockbuster Inc. Class A	345,251		231
*	Build-A-Bear Workshop Inc.	47,226		231
	Systemax Inc.	14,469		227
*	Carriage Services Inc.
	Class A	57,154		225
*	Entravision
	Communications Corp.
	Class A	64,225		218
*	Wet Seal Inc. Class A	63,178		218
*	Citi Trends Inc.	7,881		218
*	Ulta Salon Cosmetics &
	Fragrance Inc.	11,905		216
*	Krispy Kreme
	Doughnuts Inc.	73,070		216
*	Learning Tree
	International Inc.	17,883		214
*	Pier 1 Imports Inc.	41,411		211
	Sonic Automotive Inc.
	Class A	20,119		209
	Marcus Corp.	16,048		206
*	Mediacom
	Communications Corp.
	Class A	45,523		203
*	RCN Corp.	18,677		203
	Superior Industries
	International Inc.	12,893		197
*	Carmike Cinemas Inc.	25,465		193
*	Knology Inc.	17,561		192
*	hhgregg Inc.	8,586		189
*	Quiksilver Inc.	93,233		188
	Movado Group Inc.	19,250		187
	Marine Products Corp.	37,869		187

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	Coldwater Creek Inc.	40,771		182
*	Perry Ellis International Inc.	11,978		180
	Books-A-Million Inc.	26,571		179
*	Isle of Capri Casinos Inc.	23,807		178
*	Lithia Motors Inc. Class A	21,630		178
*	Leapfrog Enterprises Inc.	45,463		178
*	Valuevision Media Inc.
	Class A	36,883		177
*	Entercom Communications
	Corp. Class A	24,735		175
*	Fisher Communications Inc.	10,632		173
*	K12 Inc.	8,520		173
*	Lincoln Educational
	Services Corp.	7,914		171
*	Core-Mark Holding Co. Inc.	5,149		170
*	Cache Inc.	36,890		169
*	Martha Stewart Living
	Omnimedia Class A	33,957		168
*	Dorman Products Inc.	10,525		165
*	CKX Inc.	31,017		163
*	Gaiam Inc. Class A	20,924		161
	McClatchy Co. Class A	45,433		161
*	iRobot Corp.	8,361		147
*	Select Comfort Corp.	22,497		147
	Jackson Hewitt
	Tax Service Inc.	33,332		147
*	Stamps.com Inc.	16,013		144
*	Universal Electronics Inc.	6,148		143
*	EW Scripps Co. Class A	20,460		142
	Bon-Ton Stores Inc.	14,510		142
*	Fuqi International Inc.	7,784		140
*	Multimedia Games Inc.	23,244		140
*	Warner Music Group Corp.	24,636		139
^{*,^}	Quantum Fuel
	Systems Technologies
	Worldwide Inc.	125,153		139
*	1-800-Flowers.com Inc.
	Class A	52,007		138
*	AC Moore Arts & Crafts Inc.	46,240		136
	Speedway Motorsports Inc.	7,697		136
*	Kenneth Cole
	Productions Inc. Class A	13,837		134
*	Bluegreen Corp.	55,088		133
*	Talbots Inc.	14,765		132
	Journal Communications Inc.
	Class A	33,154		129
*	ChinaCast Education Corp.	17,000		129
*	Cumulus Media Inc. Class A	56,253		128
*	Lumber Liquidators Inc.	4,625		124
*	Steak N Shake Co.	374		121
*	Dolan Media Co.	11,737		120
*	Gander Mountain Co.	23,201		118
*	Benihana Inc. Class A	31,213		118
*	Morgans Hotel Group Co.	25,940		118
*	Bassett Furniture
	Industries Inc.	33,302		117


				Market
				Value^•
		Shares	($	000	)
*	Stanley Furniture Co. Inc.	11,489		117
*	Princeton Review Inc.	28,495		116
^{*,^}	Conn’s Inc.	19,627		115
*	Smith & Wesson
	Holding Corp.	27,010		110
*	Tuesday Morning Corp.	42,595		110
	Dover Downs Gaming &
	Entertainment Inc.	28,470		108
	Hooker Furniture Corp.	8,400		104
*	Lee Enterprises Inc.	29,094		101
*	Midas Inc.	11,909		101
*	Media General Inc. Class A	12,780		100
*	dELiA*s Inc.	53,372		100
	Sturm Ruger & Co. Inc.	10,247		99
*	Rentrak Corp.	5,600		99
*	Nautilus Inc.	48,102		98
*	Caribou Coffee Co. Inc.	12,577		97
	News Corp. Class B	6,073		97
*	Luby’s Inc.	25,857		95
	Sinclair Broadcast
	Group Inc. Class A	23,450		94
*	Steinway Musical
	Instruments	5,874		93
*	Stein Mart Inc.	8,688		93
*	Borders Group Inc.	77,377		91
*	Zumiez Inc.	7,082		90
*	Kid Brands Inc.	20,250		89
*	Harris Interactive Inc.	73,072		87
*	M/I Homes Inc.	8,173		85
*	New York & Co. Inc.	19,325		83
	Weyco Group Inc.	3,422		81
*	Cost Plus Inc.	78,228		80
*	Shoe Carnival Inc.	3,817		78
*	West Marine Inc.	9,677		78
*	Casual Male Retail
	Group Inc.	33,081		77
*	Shiloh Industries Inc.	14,359		76
*	Strattec Security Corp.	4,111		76
*	Gray Television Inc.	48,812		74
*	Destination Maternity Corp.	3,852		73
*	Zale Corp.	26,866		73
*	Emmis Communications
	Corp. Class A	63,231		73
*	LodgeNet Interactive Corp.	12,943		72
*	Bridgepoint Education Inc.	4,682		70
*	Navarre Corp.	32,814		70
*	Town Sports International
	Holdings Inc.	29,558		69
*	Grand Canyon Education Inc.	3,600		68
*	Playboy Enterprises Inc.
	Class B	20,792		67
*	Radio One Inc.	22,460		65
*	Monarch Casino & Resort Inc.	8,027		65
	Primedia Inc.	17,570		63
*	Sealy Corp.	19,178		61
*	Rex Stores Corp.	4,209		59

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Spartan Motors Inc.	10,012		56
*	Salem Communications
	Corp. Class A	9,254		55
*	Century Casinos Inc.	19,979		54
*	Carrols Restaurant
	Group Inc.	7,300		52
*	Beasley Broadcasting
	Group Inc. Class A	14,447		51
*	Jamba Inc.	28,900		49
*	Cosi Inc.	77,053		46
	Flexsteel Industries	4,500		46
*	LIN TV Corp. Class A	9,610		43
	Skyline Corp.	2,242		41
*	Wonder Auto Technology Inc.	3,400		40
*	Orbitz Worldwide Inc.	5,400		40
*	Stoneridge Inc.	4,152		37
*	Empire Resorts Inc.	17,520		37
*	Bidz.com Inc.	18,299		37
*	4Kids Entertainment Inc.	22,543		36
	Heelys Inc.	16,400		36
*	Global Traffic Network Inc.	8,486		35
*	Youbet.com Inc.	11,828		34
*	Duckwall-ALCO Stores Inc.	2,152		33
	Hallwood Group Inc.	800		31
*	Raser Technologies Inc.	23,723		29
*	FGX International
	Holdings Ltd.	1,400		27
*	Lifetime Brands Inc.	3,800		27
*	Escalade Inc.	10,730		26
*	Einstein Noah
	Restaurant Group Inc.	2,600		26
*	Lodgian Inc.	16,897		25
*	EDCI Holdings Inc.	4,094		24
*	Lazare Kaplan
	International Inc.	9,594		24
*	Reading International Inc.
	Class A	5,900		24
*	MAXXAM Inc.	9		23
*	Dixie Group Inc.	8,586		23
*	Famous Dave’s Of
	America Inc.	3,695		22
*	Benihana Inc. Class A	5,006		21
*	Emerson Radio Corp.	8,900		21
*	Palm Harbor Homes Inc.	9,203		19
*	MTR Gaming Group Inc.	14,457		19
*	McCormick & Schmick’s
	Seafood Restaurants Inc.	2,500		17
*	Daily Journal Corp.	260		15
*	Red Lion Hotels Corp.	2,812		14
*	Trans World Entertainment	8,888		13
*	Orleans Homebuilders Inc.	8,178		13
*	Spanish Broadcasting
	System Inc.	16,763		13
*	Blockbuster Inc. Class B	21,904		13
*	Nexstar Broadcasting
	Group Inc. Class A	2,995		12


				Market
				Value^•
		Shares	($	000	)
*	Hastings Entertainment Inc.	2,708		12

*	Saga Communications Inc.


	Class A		825	10
*	Outdoor Channel Holdings Inc.		1,667	10
	Dover Motorsports Inc.		4,394	9
*	Johnson Outdoors Inc. Class A		900	9
	Collectors Universe		800	7
*	Hollywood Media Corp.		5,340	7
*	Lakes Entertainment Inc.		2,600	7
*	Great Wolf Resorts Inc.		2,310	5
*	US Auto Parts Network Inc.		1,000	5
*	Radio One Inc. Class A		1,680	5
*	Craftmade International Inc.		2,548	5
	Sport Supply Group Inc.		300	4
*	Atrinsic Inc.		5,453	4
*	Ruth’s Hospitality Group Inc.		1,000	2
*	Cosi Inc. Rights Exp.
	1/6/2010	77,053		2
	Gaming Partners
	International Corp.		282	2
*	Krispy Kreme
	Doughnuts Inc.
	Warrants Exp. 3/2/2012		332	—
				1,244,494
Consumer Staples (9.8%)
	Procter & Gamble Co.	2,898,324		175,725
	Wal-Mart Stores Inc.	2,320,952		124,055
	Coca-Cola Co.	2,070,981		118,046
	PepsiCo Inc.	1,546,975		94,056
	Philip Morris
	International Inc.	1,920,790		92,563
	CVS Caremark Corp.	1,433,065		46,159
	Colgate-Palmolive Co.	494,945		40,660
	Altria Group Inc.	2,056,301		40,365
	Kraft Foods Inc.	1,464,577		39,807
	Walgreen Co.	985,244		36,178
	Kimberly-Clark Corp.	411,688		26,229
	Costco Wholesale Corp.	431,809		25,550
	General Mills Inc.	323,333		22,895
	Archer-Daniels-Midland Co.	573,915		17,969
	Sysco Corp.	587,089		16,403
	Kellogg Co.	266,422		14,174
	HJ Heinz Co.	313,295		13,397
	Avon Products Inc.	424,305		13,366
	Lorillard Inc.	164,128		13,168
	Kroger Co.	614,846		12,623
	ConAgra Foods Inc.	440,477		10,153
	Reynolds American Inc.	173,858		9,209
	Mead Johnson Nutrition Co.
	Class A	203,321		8,885
	Safeway Inc.	414,203		8,818
	Clorox Co.	138,617		8,456
	Bunge Ltd.	131,870		8,417
	Sara Lee Corp.	657,503		8,008
	JM Smucker Co.	118,115		7,294

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Dr Pepper Snapple
	Group Inc.	252,752		7,153
	Campbell Soup Co.	208,951		7,063
	Molson Coors Brewing Co.
	Class B	151,151		6,826
	Coca-Cola Enterprises Inc.	290,838		6,166
	Pepsi Bottling Group Inc.	150,279		5,635
	Hershey Co.	157,397		5,633
	Estee Lauder Cos. Inc.
	Class A	112,013		5,417
	Brown-Forman Corp.
	Class B	79,267		4,246
	McCormick & Co. Inc.	117,487		4,245
	Church & Dwight Co. Inc.	69,929		4,227
*	Energizer Holdings Inc.	65,624		4,021
*	Whole Foods Market Inc.	139,694		3,835
	Tyson Foods Inc. Class A	290,812		3,568
*	Ralcorp Holdings Inc.	56,215		3,357
*	Dean Foods Co.	179,701		3,242
*	Constellation Brands Inc.
	Class A	196,068		3,123
*	Hansen Natural Corp.	76,737		2,947
*	Green Mountain
	Coffee Roasters Inc.	34,736		2,830
	Hormel Foods Corp.	73,564		2,829
	SUPERVALU Inc.	211,801		2,692
	Alberto-Culver Co. Class B	88,120		2,581
	Herbalife Ltd.	61,590		2,499
*	NBTY Inc.	55,678		2,424
*	Smithfield Foods Inc.	148,766		2,260
	Del Monte Foods Co.	197,835		2,243
	Corn Products
	International Inc.	74,494		2,177
	Flowers Foods Inc.	83,372		1,981
*	Central European
	Distribution Corp.	65,165		1,851
	PepsiAmericas Inc.	62,367		1,825
*	BJ’s Wholesale Club Inc.	55,657		1,821
*	Chattem Inc.	17,505		1,633
	Casey’s General Stores Inc.	50,540		1,613
	Nu Skin Enterprises Inc.
	Class A	50,702		1,362
*	TreeHouse Foods Inc.	32,052		1,246
	Universal Corp.	25,299		1,154
*	United Natural Foods Inc.	40,755		1,090
	Ruddick Corp.	41,167		1,059
*	Fresh Del Monte
	Produce Inc.	45,002		995
	Lancaster Colony Corp.	19,610		975
*	Rite Aid Corp.	628,235		949
*	American Italian Pasta Co.	23,295		810
*	Chiquita Brands
	International Inc.	44,120		796
*	Bare Escentuals Inc.	64,802		793
	Sanderson Farms Inc.	16,925		714
	Andersons Inc.	26,882		694


				Market
				Value^•
		Shares	($	000	)
*	Medifast Inc.	22,362		684
	Vector Group Ltd.	46,359		649
	Lance Inc.	24,490		644
*	Darling International Inc.	76,640		642
	J&J Snack Foods Corp.	15,732		629
*	Hain Celestial Group Inc.	36,356		618
	Cal-Maine Foods Inc.	17,664		602
*	Winn-Dixie Stores Inc.	57,521		578
	Tootsie Roll Industries Inc.	20,239		554
	Coca-Cola Bottling Co.
	Consolidated	9,640		521
	Diamond Foods Inc.	12,632		449
	Nash Finch Co.	11,939		443
	WD-40 Co.	13,545		438
*	Great Atlantic &
	Pacific Tea Co.	36,212		427
*	Central Garden and
	Pet Co. Class A	39,898		397
*	Central Garden and Pet Co.	36,886		395
^{*,^}	American Oriental
	Bioengineering Inc.	80,961		376
*	Boston Beer Co. Inc.
	Class A	7,839		365
*	Pantry Inc.	26,671		362
	Inter Parfums Inc.	28,460		346
*	Prestige Brands
	Holdings Inc.	43,870		345

*	Alliance One


	International Inc.	70,342	343
	Ingles Markets Inc. Class A	21,650	328
*	John B. Sanfilippo & Son Inc.	20,611	321
*	Elizabeth Arden Inc.	19,328	279
^{*,^}	American Dairy Inc.	12,468	270
*	Heckmann Corp.	54,100	270
*	Smart Balance Inc.	44,578	267
	Alico Inc.	8,259	235
	B&G Foods Inc. Class A	25,592	235
	Weis Markets Inc.	6,287	229
	Pricesmart Inc.	11,006	225
*	Lifeway Foods Inc.	15,308	182
	Imperial Sugar Co.	10,200	178
	Arden Group Inc.	1,822	174
*	Zhongpin Inc.	10,800	169
	Spartan Stores Inc.	11,601	166
*	National Beverage Corp.	11,297	157
*	Revlon Inc. Class A	8,572	146
	Mannatech Inc.	44,016	137
	Farmer Bros Co.	6,656	131
*	USANA Health Sciences Inc.	3,935	126
*	Omega Protein Corp.	28,743	125
*	Harbinger Group Inc.	17,400	122
*	Reddy Ice Holdings Inc.	26,460	114
*	Susser Holdings Corp.	13,075	112
	Griffin Land & Nurseries Inc.	3,583	104
*	Overhill Farms Inc.	19,000	92


Institutional Total Stock Market Index Fund



					Market
					Value^•
			Shares	($	000	)
*	HQ Sustainable Maritime
	Industries Inc.		12,000		84
*	Star Scientific Inc.		94,615		66
	Oil-Dri Corp. of America		4,218		65
*	Parlux Fragrances Inc.		20,700		43
*	Female Health Co.		8,774		42
*	MGP Ingredients Inc.		4,834		37
*	Nutraceutical
	International Corp.		2,905		36
*	Physicians Formula
	Holdings Inc.		11,700		32
*	Inventure Group Inc.		10,712		25
*	Bridgford Foods Corp.		2,000		22
*	Diedrich Coffee Inc.		600		21
*	Seneca Foods Corp. Class A		800		19
	Tasty Baking Co.		1,568		11
	Calavo Growers Inc.		498		8
	Village Super Market Inc.
	Class A		200		5
*	Jones Soda Co.		12,240		5
	Schiff Nutrition
	International Inc.		484		4
					1,195,454
Energy (10.9%)
	Exxon Mobil Corp.	4,771,763			325,387
	Chevron Corp.	1,991,347			153,314
	Schlumberger Ltd.	1,189,103			77,399
	ConocoPhillips	1,398,830			71,438
	Occidental
	Petroleum Corp.		805,071		65,493
	Apache Corp.		333,392		34,396
	Devon Energy Corp.		418,670		30,772
	Anadarko Petroleum Corp.		487,136		30,407
	Halliburton Co.		895,185		26,936
*	Transocean Ltd.		318,821		26,398
	XTO Energy Inc.		547,358		25,469
	EOG Resources Inc.		250,273		24,352
	Marathon Oil Corp.		702,877		21,944
	National Oilwell Varco Inc.		415,233		18,308
	Hess Corp.		292,377		17,689
*	Southwestern Energy Co.		342,242		16,496
	Chesapeake Energy Corp.		605,559		15,672
	Spectra Energy Corp.		641,480		13,157
*	Weatherford
	International Ltd.		722,284		12,936
	Baker Hughes Inc.		307,831		12,461
	Noble Energy Inc.		172,390		12,278
	Williams Cos. Inc.		579,158		12,209
	Peabody Energy Corp.		265,957		12,024
	Noble Corp.		259,956		10,580
*	Cameron
	International Corp.		242,954		10,156
	Murphy Oil Corp.		180,057		9,759
	Valero Energy Corp.		559,465		9,371
	Consol Energy Inc.		179,643		8,946
	Range Resources Corp.		156,297		7,791


				Market
				Value^•
		Shares	($	000	)
*	Ultra Petroleum Corp.	150,587		7,508
*	Petrohawk Energy Corp.	299,257		7,179
*	FMC Technologies Inc.	121,867		7,049
	El Paso Corp.	697,411		6,856
	Diamond Offshore
	Drilling Inc.	69,139		6,805
	Smith International Inc.	245,747		6,677
*	Newfield Exploration Co.	131,756		6,355
*	Nabors Industries Ltd.	282,248		6,178
*	Pride International Inc.	172,900		5,517
	Pioneer Natural
	Resources Co.	114,281		5,505
	BJ Services Co.	290,176		5,397
*	Alpha Natural
	Resources Inc.	119,162		5,169
	Cabot Oil & Gas Corp.	103,076		4,493
	Cimarex Energy Co.	83,107		4,402
	Helmerich & Payne Inc.	105,023		4,188
*	Kinder Morgan
	Management LLC	74,896		4,092
	EXCO Resources Inc.	178,536		3,790
*	Plains Exploration &
	Production Co.	136,409		3,773
*	Denbury Resources Inc.	248,103		3,672
*	Whiting Petroleum Corp.	50,679		3,621
	Arch Coal Inc.	161,628		3,596
	Massey Energy Co.	85,089		3,575
*	Oceaneering
	International Inc.	54,825		3,208
	Sunoco Inc.	116,591		3,043
*	Concho Resources Inc.	63,816		2,865
*	Dresser-Rand Group Inc.	82,162		2,597
*	Rowan Cos. Inc.	113,419		2,568
	Core Laboratories NV	21,718		2,565
	Southern Union Co.	111,574		2,533
*	Encore Acquisition Co.	52,671		2,529
	Tidewater Inc.	51,713		2,480
*	Forest Oil Corp.	106,465		2,369
	Patterson-UTI Energy Inc.	153,060		2,349
*	Atlas Energy Inc.	73,703		2,224
	St Mary Land &
	Exploration Co.	62,419		2,137
*	Atwood Oceanics Inc.	57,747		2,070
*	Oil States International Inc.	49,861		1,959
*	Unit Corp.	45,225		1,922
*	Superior Energy
	Services Inc.	78,182		1,899
	Tesoro Corp.	139,886		1,895
*	Comstock Resources Inc.	46,542		1,888
*	Quicksilver Resources Inc.	118,926		1,785
*	Dril-Quip Inc.	31,042		1,753
*	Arena Resources Inc.	38,099		1,643
	World Fuel Services Corp.	56,530		1,514
*	SEACOR Holdings Inc.	19,233		1,467
*	Continental Resources Inc.	34,184		1,466
*	SandRidge Energy Inc.	154,635		1,458

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	CARBO Ceramics Inc.	19,830		1,352
*	Brigham Exploration Co.	99,573		1,349
*	Patriot Coal Corp.	85,657		1,324
*	Bill Barrett Corp.	41,147		1,280
*	Exterran Holdings Inc.	59,555		1,277
	Frontier Oil Corp.	104,863		1,263
*	Gran Tierra Energy Inc.	211,960		1,215
*	Mariner Energy Inc.	101,514		1,179
*	Helix Energy Solutions
	Group Inc.	98,918		1,162
	Overseas Shipholding
	Group Inc.	25,735		1,131
	Lufkin Industries Inc.	15,030		1,100
*	Key Energy Services Inc.	124,459		1,094
	Holly Corp.	42,511		1,090
*	Bristow Group Inc.	28,271		1,087
	Berry Petroleum Co.
	Class A	36,443		1,062
*	Rosetta Resources Inc.	52,585		1,048
	Penn Virginia Corp.	45,114		960
*	Carrizo Oil & Gas Inc.	34,687		919
*	BPZ Resources Inc.	95,621		908
*	CNX Gas Corp.	30,039		887
*	Swift Energy Co.	36,750		881
*	Tetra Technologies Inc.	76,072		843
*	ATP Oil & Gas Corp.	45,412		830
*	Clean Energy Fuels Corp.	53,479		824
*	Complete Production
	Services Inc.	61,210		796
*	ION Geophysical Corp.	132,576		785
*	Cal Dive International Inc.	101,456		767
*	Enbridge Energy
	Management LLC	14,281		759
*	James River Coal Co.	40,365		748
*	Cobalt International
	Energy Inc.	53,705		743
*	Stone Energy Corp.	40,634		733
*	Global Industries Ltd.	102,555		731
*	International Coal Group Inc.	187,841		725
*	Contango Oil & Gas Co.	13,116		617
*	McMoRan Exploration Co.	76,390		613
*	Parker Drilling Co.	121,003		599
	General Maritime Corp.	84,240		589
*	Goodrich Petroleum Corp.	23,069		562
*	Gulfmark Offshore Inc.	19,014		538
*	Hornbeck Offshore
	Services Inc.	21,600		503
*	Pioneer Drilling Co.	62,709		495
*	Oilsands Quest Inc.	430,658		495
*	Hercules Offshore Inc.	103,316		494
*	Willbros Group Inc.	28,800		486
*	Allis-Chalmers Energy Inc.	126,617		477
*	Matrix Service Co.	40,074		427
*	USEC Inc.	108,108		416
*	Clayton Williams Energy Inc.	10,911		382
	Vaalco Energy Inc.	83,943		382


				Market
				Value^•
		Shares	($	000	)
*	Seahawk Drilling Inc.	15,785		356
*	Newpark Resources Inc.	82,326		348
	Gulf Island Fabrication Inc.	16,184		340
*	Basic Energy Services Inc.	38,009		338
	Energy XXI Bermuda Ltd.	139,861		323
*	GMX Resources Inc.	23,054		317
*	Approach Resources Inc.	39,048		301
	W&T Offshore Inc.	25,526		299
	Delek US Holdings Inc.	41,823		285
*	Venoco Inc.	21,297		278
*	Dawson Geophysical Co.	11,220		259
*	American Oil & Gas Inc.	61,693		259
	Alon USA Energy Inc.	37,062		254
*	Petroquest Energy Inc.	39,386		241
*	Western Refining Inc.	50,739		239
*	T 3 Energy Services Inc.	9,304		237
*	Delta Petroleum Corp.	225,048		234
*	Harvest Natural
	Resources Inc.	43,588		231
*	Abraxas Petroleum Corp.	115,876		223
*	Natural Gas Services
	Group Inc.	11,400		215
	RPC Inc.	20,231		210
*	Bronco Drilling Co. Inc.	41,040		208
	Crosstex Energy Inc.	33,324		202
*	Petroleum Development Corp. 10,985			200
*	FX Energy Inc.	67,836		193
*	Endeavour
	International Corp.	165,325		179
*	Tesco Corp.	12,700		164
*	CREDO Petroleum Corp.	16,623		155
*	CVR Energy Inc.	21,126		145
*	PHI Inc.	6,963		144
*	Bolt Technology Corp.	12,231		135
	Toreador Resources Corp.	12,850		127
*	OYO Geospace Corp.	2,929		126
*	Geokinetics Inc.	11,700		113
*	Gastar Exploration Ltd.	21,500		103
*	Gulfport Energy Corp.	8,672		99
*	Double Eagle Petroleum Co.	19,340		84
*	ENGlobal Corp.	26,500		83
*	Cheniere Energy Inc.	31,466		76
*	Syntroleum Corp.	28,304		75
*	Union Drilling Inc.	12,040		75
*	Superior Well Services Inc.	4,900		70
*	Rentech Inc.	56,482		69
*	Evergreen Energy Inc.	187,936		64
*	Warren Resources Inc.	26,047		64
*	HKN Inc.	16,344		60
*	Northern Oil And Gas Inc.	5,000		59
*	Callon Petroleum Co.	37,149		56
*	Rex Energy Corp.	4,500		54
*	Mitcham Industries Inc.	6,904		51
*	Boots & Coots Inc.	27,400		45
*	Kodiak Oil & Gas Corp.	17,400		39
^{*,^}	Sulphco Inc.	53,850		36

Institutional Total Stock Market Index Fund


					Market
					Value^•
			Shares	($	000	)
*	Westmoreland Coal Co.		3,998		36
*	Gasco Energy Inc.		64,680		34
*	Trico Marine Services Inc.		4,901		22
*	Pacific Ethanol Inc.		26,820		19
*	Meridian Resource Corp.		72,640		19
	Panhandle Oil and Gas Inc.
	Class A		600		16
*	Verenium Corp.		2,894		13
*	GeoGlobal Resources Inc.		5,959		12
*	Cano Petroleum Inc.		12,200		12
*	Barnwell Industries Inc.		2,002		9
*	RAM Energy Resources Inc.		3,700		8
*	Uranium Resources Inc.		7,500		6
*	TGC Industries Inc.		287		1
					1,335,395
Financials (15.2%)
	JPMorgan Chase & Co.		3,904,697		162,709
	Wells Fargo & Co.		4,821,880		130,143
	Bank of America Corp.		8,590,254		129,369
	Goldman Sachs
	Group Inc.		482,260		81,425
	Citigroup Inc.	21,047,529			69,667
	American Express Co.		1,062,520		43,053
	US Bancorp		1,898,074		42,726
	Morgan Stanley		1,214,582		35,952
	Bank of New York
	Mellon Corp.		1,194,344		33,406
*	Berkshire Hathaway Inc.
	Class B		9,763		32,081
	MetLife Inc.		812,857		28,735
	Travelers Cos. Inc.		563,575		28,100
	PNC Financial Services
	Group Inc.		458,072		24,182
	Prudential Financial Inc.		457,716		22,776
	Simon Property Group Inc.		282,945		22,579
	Aflac Inc.		464,386		21,478
	State Street Corp.		490,974		21,377
	CME Group Inc.		59,369		19,945
	Charles Schwab Corp.		979,979		18,443
	Capital One Financial Corp.		451,903		17,326
	BB&T Corp.		676,999		17,175
	Chubb Corp.		347,639		17,097
	Franklin Resources Inc.		160,156		16,872
	ACE Ltd.		333,930		16,830
	Allstate Corp.		506,216		15,207
	T Rowe Price Group Inc.		254,452		13,550
	Loews Corp.		344,222		12,512
*	Progressive Corp.		640,525		11,523
	Marsh & McLennan
	Cos. Inc.		520,680		11,497
	Northern Trust Corp.		215,926		11,315
	Vornado Realty Trust		161,191		11,274
	Public Storage		126,302		10,287
	SunTrust Banks Inc.		495,842		10,061
	Ameriprise Financial Inc.		253,642		9,846
	Invesco Ltd.		413,609		9,716


				Market
				Value^•
		Shares	($	000	)
	AON Corp.	245,630		9,417
	Annaly Capital
	Management Inc.	540,699		9,381
	Boston Properties Inc.	137,795		9,242
	Equity Residential	272,311		9,199
	Hartford Financial
	Services Group Inc.	381,693		8,878
	HCP Inc.	289,195		8,832
	Discover Financial Services	534,320		7,860
	Principal Financial
	Group Inc.	316,900		7,618
	Lincoln National Corp.	300,355		7,473
	Fifth Third Bancorp	751,776		7,330
	Host Hotels & Resorts Inc.	617,906		7,211
*	IntercontinentalExchange Inc.	61,888		6,950
	Ventas Inc.	155,833		6,816
	NYSE Euronext	258,454		6,539
	AvalonBay Communities Inc.	79,576		6,534
	Hudson City Bancorp Inc.	469,222		6,442
	Unum Group	329,645		6,435
	Regions Financial Corp.	1,182,599		6,256
	XL Capital Ltd. Class A	340,102		6,234
	Plum Creek Timber Co. Inc.	162,051		6,119
	ProLogis	440,550		6,031
	New York Community
	Bancorp Inc.	399,947		5,803
	People’s United
	Financial Inc.	346,061		5,779
*	Genworth Financial Inc.
	Class A	478,146		5,427
	Kimco Realty Corp.	399,860		5,410
	Moody’s Corp.	199,780		5,354
	BlackRock Inc.	22,786		5,291
	Health Care REIT Inc.	119,055		5,277
*	SLM Corp.	464,532		5,235
	Everest Re Group Ltd.	60,607		5,193
^	M&T Bank Corp.	76,330		5,106
*	TD Ameritrade
	Holding Corp.	262,159		5,081
	PartnerRe Ltd.	66,692		4,979
	KeyCorp	874,430		4,853
*	Leucadia National Corp.	193,637		4,607
	Comerica Inc.	150,328		4,445
	Willis Group Holdings Ltd.	167,161		4,410
	Legg Mason Inc.	142,236		4,290
*	Berkshire Hathaway Inc.
	Class A	43		4,266
	Federal Realty
	Investment Trust	60,686		4,110
	Cincinnati Financial Corp.	153,840		4,037
	SL Green Realty Corp.	76,439		3,840
	Axis Capital Holdings Ltd.	134,624		3,825
	Nationwide Health
	Properties Inc.	106,696		3,754
	AMB Property Corp.	145,736		3,724
	Torchmark Corp.	82,444		3,623

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Digital Realty Trust Inc.	71,878		3,614
^{*,^}	American International
	Group Inc.	120,321		3,607
	Liberty Property Trust	111,114		3,557
	WR Berkley Corp.	143,371		3,533
	Assurant Inc.	117,226		3,456
	Reinsurance Group of
	America Inc. Class A	72,343		3,447
	Macerich Co.	94,190		3,386
	Eaton Vance Corp.	110,533		3,361
	Rayonier Inc.	78,969		3,329
	RenaissanceRe
	Holdings Ltd.	62,049		3,298
*	CB Richard Ellis Group Inc.
	Class A	242,013		3,284
*	MSCI Inc. Class A	99,548		3,166
*	Markel Corp.	9,266		3,150
	HCC Insurance Holdings Inc.	111,780		3,127
	Regency Centers Corp.	87,946		3,083
*	Arch Capital Group Ltd.	42,488		3,040
	First American Corp.	90,404		2,993
*	First Horizon National Corp.	220,603		2,956
	Fidelity National
	Financial Inc. Class A	218,028		2,935
	Transatlantic Holdings Inc.	56,234		2,930
	Hospitality Properties Trust	122,026		2,893
*	NASDAQ OMX Group Inc.	141,804		2,811
*	Affiliated Managers
	Group Inc.	41,503		2,795
	Alexandria Real Estate
	Equities Inc.	43,154		2,774
	Senior Housing
	Properties Trust	126,733		2,772
	Assured Guaranty Ltd.	126,048		2,743
	Commerce Bancshares Inc.	70,298		2,722
	Duke Realty Corp.	222,801		2,712
	Camden Property Trust	63,833		2,705
	Mack-Cali Realty Corp.	78,146		2,702
^	Realty Income Corp.	103,996		2,695
	Cullen/Frost Bankers Inc.	53,392		2,670
*	St Joe Co.	92,260		2,665
	White Mountains
	Insurance Group Ltd.	7,943		2,642
	Waddell & Reed
	Financial Inc.	85,847		2,622
	Marshall & Ilsley Corp.	477,466		2,602
	First Niagara Financial
	Group Inc.	182,864		2,544
	Federated Investors Inc.
	Class B	92,136		2,534
*	AmeriCredit Corp.	133,065		2,534
	Jones Lang LaSalle Inc.	41,775		2,523
	Validus Holdings Ltd.	92,921		2,503
	UDR Inc.	150,357		2,472
	Chimera Investment Corp.	634,256		2,461
	Huntington Bancshares Inc.	673,998		2,460


				Market
				Value^•
		Shares	($	000	)
*	Jefferies Group Inc.	103,287		2,451
	Janus Capital Group Inc.	181,979		2,448
	Old Republic
	International Corp.	239,570		2,405
	Essex Property Trust Inc.	28,247		2,363
	Highwoods Properties Inc.	70,766		2,360
	Raymond James
	Financial Inc.	98,181		2,334
	SEI Investments Co.	133,132		2,332
	Arthur J Gallagher & Co.	100,978		2,273
	Hanover Insurance
	Group Inc.	51,073		2,269
	Bank of Hawaii Corp.	47,839		2,251
	Weingarten Realty
	Investors	113,662		2,249
	Brown & Brown Inc.	119,774		2,152
	Corporate Office
	Properties Trust SBI	58,063		2,127
	Aspen Insurance
	Holdings Ltd.	82,901		2,110
	Washington Federal Inc.	108,339		2,095
	MFA Financial Inc.	272,657		2,004
	City National Corp.	43,633		1,990
	StanCorp Financial
	Group Inc.	48,961		1,959
*	E*Trade Financial Corp.	1,115,720		1,953
	Allied World
	Assurance Co.
	Holdings Ltd.	42,194		1,944
	Valley National Bancorp	135,178		1,910
	Taubman Centers Inc.	53,104		1,907
	Platinum Underwriters
	Holdings Ltd.	49,733		1,904
	American Financial
	Group Inc.	75,395		1,881
	Apartment Investment &
	Management Co.	117,131		1,865
	Endurance Specialty
	Holdings Ltd.	49,039		1,826
	Greenhill & Co. Inc.	22,685		1,820
	BancorpSouth Inc.	74,873		1,757
	BRE Properties Inc.	52,953		1,752
	National Retail
	Properties Inc.	80,548		1,709
*	SVB Financial Group	40,927		1,706
	Prosperity Bancshares Inc.	41,694		1,687
	Apollo Investment Corp.	176,010		1,677
*	ProAssurance Corp.	31,040		1,667
	FirstMerit Corp.	82,026		1,652
*	Alleghany Corp.	5,870		1,620
	Omega Healthcare
	Investors Inc.	83,159		1,617
	Westamerica
	Bancorporation	29,134		1,613
	Washington Real Estate
	Investment Trust	58,474		1,611

Institutional Total Stock Market Index Fund


					Market
					Value^•
			Shares	($	000	)
*	Stifel Financial Corp.		26,889		1,593
	Home Properties Inc.		33,203		1,584
	TCF Financial Corp.		115,958		1,579
	Tanger Factory
	Outlet Centers		39,950		1,558
	Zions Bancorporation		120,354		1,544
	BioMed Realty Trust Inc.		97,733		1,542
	Fulton Financial Corp.		176,731		1,541
	Brandywine Realty Trust		129,172		1,473
	American Campus
	Communities Inc.		52,394		1,472
	Entertainment
	Properties Trust		41,740		1,472
	Equity Lifestyle
	Properties Inc.		28,886		1,458
	Popular Inc.		640,133		1,447
	HRPT Properties Trust		222,350		1,439
*	Forest City Enterprises Inc.
	Class A		120,833		1,423
	Montpelier Re Holdings Ltd.		82,040		1,421
	Protective Life Corp.		85,070		1,408
	Douglas Emmett Inc.		96,681		1,378
*	Knight Capital Group Inc.
	Class A		89,194		1,374
	Mid-America Apartment
	Communities Inc.		28,208		1,362
	LaSalle Hotel Properties		63,915		1,357
	Trustmark Corp.		60,004		1,353
	Ares Capital Corp.		107,568		1,339
	Kilroy Realty Corp.		43,384		1,331
	Associated Banc-Corp		120,801		1,330
^{*,^}	Federal National
	Mortgage Assn.	1,116,647			1,318
*	Signature Bank		40,789		1,301
	BOK Financial Corp.		27,256		1,295
	Healthcare Realty Trust Inc.		59,899		1,285
	CBL & Associates
	Properties Inc.		131,646		1,273
	Developers Diversified
	Realty Corp.		137,280		1,271
	Hancock Holding Co.		29,025		1,271
	Potlatch Corp.		39,728		1,267
	Erie Indemnity Co. Class A		30,762		1,200
	UMB Financial Corp.		30,460		1,199
*	Conseco Inc.		235,647		1,178
	East West Bancorp Inc.		74,024		1,170
	NewAlliance Bancshares Inc.		95,833		1,151
	Northwest Bancshares Inc.		99,847		1,130
	Umpqua Holdings Corp.		84,268		1,130
	TFS Financial Corp.		92,792		1,127
	Unitrin Inc.		50,456		1,113
	Zenith National
	Insurance Corp.		37,318		1,111
	Max Capital Group Ltd.		48,774		1,088
	Redwood Trust Inc.		74,513		1,077
	Mercury General Corp.		27,418		1,076


				Market
				Value^•
		Shares	($	000	)
	Delphi Financial Group Inc.	47,623		1,065
	Old National Bancorp	84,785		1,054
	Iberiabank Corp.	19,423		1,045
	Cash America
	International Inc.	29,871		1,044
	Franklin Street
	Properties Corp.	70,818		1,035
	Astoria Financial Corp.	82,938		1,031
	DCT Industrial Trust Inc.	204,471		1,026
	CapitalSource Inc.	257,268		1,021
	Hatteras Financial Corp.	36,238		1,013
	EastGroup Properties Inc.	26,167		1,002
	Tower Group Inc.	42,667		999
*	Piper Jaffray Cos.	19,689		996
	International
	Bancshares Corp.	51,716		979
	RLI Corp.	18,285		974
	Sovran Self Storage Inc.	27,215		972
^{*,^}	Federal Home Loan
	Mortgage Corp.	658,896		969
	Extra Space Storage Inc.	83,524		965
	American National
	Insurance Co.	7,995		955
	PS Business Parks Inc.	19,067		954
	CVB Financial Corp.	109,974		950
	Post Properties Inc.	48,439		949
	First Financial Bancorp	64,735		943
	DiamondRock
	Hospitality Co.	109,125		924
	First Financial
	Bankshares Inc.	16,817		912
	MB Financial Inc.	46,100		909
	Equity One Inc.	56,015		906
	FNB Corp.	133,337		905
*	Allied Capital Corp.	248,665		898
*	Argo Group International
	Holdings Ltd.	30,785		897
	Capstead Mortgage Corp.	65,352		892
	Community Bank
	System Inc.	45,884		886
	Synovus Financial Corp.	429,762		881
*	PHH Corp.	54,168		873
*	Investment Technology
	Group Inc.	44,218		871
	Selective Insurance Group	52,902		870
	Acadia Realty Trust	51,447		868
	National Health
	Investors Inc.	23,417		866
	Glacier Bancorp Inc.	62,539		858
	Whitney Holding Corp.	94,110		857
*	KBW Inc.	31,281		856
	Wilmington Trust Corp.	69,270		855
	Sunstone Hotel
	Investors Inc.	94,473		839
	American Capital
	Agency Corp.	31,156		827

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
^	United Bankshares Inc.	41,364		826
	PacWest Bancorp	40,748		821
	Wintrust Financial Corp.	25,971		800
*	Dollar Financial Corp.	33,704		797
	Medical Properties Trust Inc.	79,357		794
*	MF Global Ltd.	113,707		790
	NBT Bancorp Inc.	38,708		788
	American Capital Ltd.	319,946		781
	Webster Financial Corp.	65,578		778
*	MGIC Investment Corp.	134,060		775
*	World Acceptance Corp.	21,358		765
	First Midwest Bancorp Inc.	68,637		747
	National Penn
	Bancshares Inc.	128,114		742
	City Holding Co.	22,910		741
	Employers Holdings Inc.	47,895		735
	Chemical Financial Corp.	31,139		734
*	Interactive Brokers
	Group Inc.	40,787		723
	Brookline Bancorp Inc.	71,610		710
	Columbia Banking
	System Inc.	43,350		701
	Anworth Mortgage
	Asset Corp.	99,725		698
	First Citizens
	BancShares Inc. Class A	4,255		698
*	Ocwen Financial Corp.	72,430		693
	Capitol Federal Financial	21,875		688
	Home Bancshares Inc.	28,525		687
*	Navigators Group Inc.	14,531		685
	optionsXpress Holdings Inc.	44,092		681
*	Portfolio Recovery
	Associates Inc.	14,868		667
*	MBIA Inc.	165,958		661
	Financial Federal Corp.	23,553		648
	American Equity Investment
	Life Holding Co.	86,696		645
	Park National Corp.	10,936		644
	Bank of the Ozarks Inc.	21,883		641
	Boston Private Financial
	Holdings Inc.	109,198		630
	Independent Bank Corp.	29,611		619
	First Commonwealth
	Financial Corp.	131,316		611
	Radian Group Inc.	82,413		602
	Evercore Partners Inc.
	Class A	19,642		597
	Colonial Properties Trust	50,295		590
*	Investors Bancorp Inc.	53,223		582
	Trustco Bank Corp.	92,265		581
*	Ezcorp Inc. Class A	33,246		572
	Saul Centers Inc.	17,315		567
	Infinity Property &
	Casualty Corp.	13,684		556
	Provident Financial
	Services Inc.	52,100		555


				Market
				Value^•
		Shares	($	000	)
^	Prospect Capital Corp.	46,953		555
	BlackRock Kelso
	Capital Corp.	64,983		554
	Duff & Phelps Corp. Class A	30,090		549
	Cohen & Steers Inc.	23,862		545
*	Pico Holdings Inc.	16,624		544
	American Physicians
	Capital Inc.	17,932		544
	Susquehanna
	Bancshares Inc.	91,696		540
	Cathay General Bancorp	70,036		529
*	Forestar Group Inc.	23,786		523
*	Ashford Hospitality
	Trust Inc.	111,253		516
	FBL Financial Group Inc.
	Class A	27,873		516
	Berkshire Hills Bancorp Inc.	24,933		516
*	Alexander’s Inc.	1,687		514
*	Hilltop Holdings Inc.	43,532		507
	Community Trust
	Bancorp Inc.	20,691		506
	Dime Community
	Bancshares	43,104		505
	Investors Real Estate Trust	55,708		501
*	AMERISAFE Inc.	27,846		500
	Bank Mutual Corp.	71,957		498
*	Ambac Financial Group Inc.	590,774		490
*	First Cash Financial
	Services Inc.	21,867		485
	Calamos Asset
	Management Inc.
	Class A	42,000		484
	Arrow Financial Corp.	19,269		482
	Safety Insurance Group Inc.	13,230		479
	DuPont Fabros
	Technology Inc.	26,447		476
*	Broadpoint Gleacher
	Securities Inc.	105,893		472
	Provident New York Bancorp	55,261		466
*	Beneficial Mutual
	Bancorp Inc.	46,444		457
	Bancfirst Corp.	12,276		455
*	Texas Capital
	Bancshares Inc.	32,563		455
	Sterling Bancshares Inc.	87,860		451
	Associated Estates
	Realty Corp.	39,983		451
	Horace Mann
	Educators Corp.	36,039		451
	Inland Real Estate Corp.	54,734		446
	Cousins Properties Inc.	57,731		441
	Advance America Cash
	Advance Centers Inc.	79,007		439
*	Encore Capital Group Inc.	25,226		439
	BGC Partners Inc. Class A	92,843		429
	Phoenix Cos. Inc.	152,103		423

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Amtrust Financial
	Services Inc.	35,468		419
	Harleysville Group Inc.	13,056		415
	GAMCO Investors Inc.	8,532		412
	Camden National Corp.	12,379		405
	S&T Bancorp Inc.	23,431		399
	Harleysville National Corp.	61,673		397
	Capital Southwest Corp.	5,032		397
	Northfield Bancorp Inc.	28,905		391
	BankFinancial Corp.	39,427		390
	Hercules Technology
	Growth Capital Inc.	37,116		386
	PrivateBancorp Inc. Class A	42,963		385
*	Altisource Portfolio
	Solutions SA	18,264		383
	Ames National Corp.	18,000		380
*	FPIC Insurance Group Inc.	9,614		371
	Southside Bancshares Inc.	18,609		365
	Baldwin & Lyons Inc.	14,729		362
	Cardinal Financial Corp.	41,327		361
	Cedar Shopping Centers Inc.	53,098		361
	Ameris Bancorp	50,075		359
	Presidential Life Corp.	38,731		354
*	Enstar Group Ltd.	4,850		354
	Getty Realty Corp.	15,026		354
*	United America
	Indemnity Ltd. Class A	43,942		348
	Gladstone Capital Corp.	44,785		345
*	Citizens Inc.	52,626		344
	U-Store-It Trust	46,744		342
	Republic Bancorp Inc.
	Class A	16,432		339
	Renasant Corp.	24,667		335
	Kearny Financial Corp.	32,558		328
	Flushing Financial Corp.	29,062		327
	Agree Realty Corp.	14,023		327
*	International Assets
	Holding Corp.	22,346		325
	Abington Bancorp Inc.	47,077		324
	United Fire & Casualty Co.	17,619		321
	LTC Properties Inc.	11,775		315
	ViewPoint Financial Group	21,833		315
	Capital City Bank Group Inc.	22,509		312
	Lexington Realty Trust	51,107		311
	MarketAxess Holdings Inc.	22,227		309
*	Citizens Republic
	Bancorp Inc.	444,457		307
*	MCG Capital Corp.	70,444		304
*	Cowen Group Inc. Class A	51,197		303
	Simmons First
	National Corp. Class A	10,883		303
	First Financial Holdings Inc.	23,144		301
*	Riskmetrics Group Inc.	18,881		300
*	Strategic Hotels &
	Resorts Inc.	160,573		299
	Oriental Financial Group Inc.	27,644		299


				Market
				Value^•
		Shares	($	000	)
^{*,^}	iStar Financial Inc.	114,565		293
	First BanCorp	125,149		288
	First Busey Corp.	72,274		281
	National Western Life
	Insurance Co. Class A	1,612		280
	Nelnet Inc. Class A	16,237		280
	GFI Group Inc.	60,017		274
*	Avatar Holdings Inc.	15,983		272
	Bancorp Rhode Island Inc.	10,511		270
*	Pinnacle Financial
	Partners Inc.	18,936		269
*	LaBranche & Co. Inc.	94,409		268
	SWS Group Inc.	21,891		265
*	FBR Capital Markets Corp.	42,822		265
	WesBanco Inc.	21,268		262
	Walter Investment
	Management Corp.	18,302		262
	US Global Investors Inc.
	Class A	21,126		260
*	Greenlight Capital Re Ltd.
	Class A	10,752		253
	Meadowbrook Insurance
	Group Inc.	33,455		248
*	TradeStation Group Inc.	30,577		241
^	Banner Corp.	89,836		241
	Bryn Mawr Bank Corp.	15,734		237
	BRT Realty Trust	46,295		236
	Pennsylvania Real Estate
	Investment Trust	27,759		235
	Compass Diversified
	Holdings	18,347		234
	SCBT Financial Corp.	8,441		234
	American National
	Bankshares Inc.	10,649		233
*	Asset Acceptance
	Capital Corp.	34,066		231
	Parkway Properties Inc.	10,986		229
	Heartland Financial USA Inc.	15,845		227
	First Industrial Realty
	Trust Inc.	43,370		227
	Alliance Financial Corp.	8,325		226
	Nara Bancorp Inc.	19,829		225
	Consolidated-Tomoka
	Land Co.	6,367		222
^	Life Partners Holdings Inc.	10,450		221
	Donegal Group Inc. Class A	14,079		219
*	National Financial
	Partners Corp.	26,105		211
	SY Bancorp Inc.	9,875		211
	CoBiz Financial Inc.	44,119		210
	EMC Insurance Group Inc.	9,739		209
*	Credit Acceptance Corp.	4,960		209
*	United Community Banks Inc.	61,281		208
	Clifton Savings Bancorp Inc.	21,524		202
*	PMA Capital Corp. Class A	31,932		201

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Flagstone Reinsurance
	Holdings Ltd.	17,819		195
*	Arbor Realty Trust Inc.	96,126		191
	First Merchants Corp.	32,178		191
	Stewart Information
	Services Corp.	16,796		189
	CompuCredit Holdings Corp.	56,824		189
	Sanders Morris
	Harris Group Inc.	34,402		189
	Education Realty Trust Inc.	38,992		189
	1st Source Corp.	11,673		188
	Lakeland Financial Corp.	10,847		187
	First Potomac Realty Trust	14,444		182
*	FelCor Lodging Trust Inc.	50,358		181
	Medallion Financial Corp.	22,087		180
*	Marlin Business
	Services Corp.	22,538		179
*	eHealth Inc.	10,617		174
	First Bancorp	12,323		172
	Universal Health Realty
	Income Trust	5,334		171
*	Arlington Asset
	Investment Corp.
	Class A	11,149		170
	ESSA Bancorp Inc.	14,509		170
*	CNA Surety Corp.	11,374		169
	First Financial Corp.	5,468		167
*	Safeguard Scientifics Inc.	15,832		163
	OneBeacon Insurance
	Group Ltd. Class A	11,566		159
	Trico Bancshares	9,567		159
*	GLG Partners Inc.	49,442		159
	First Mercury Financial Corp.	11,473		157
	Great Southern Bancorp Inc.	7,353		157
	Maiden Holdings Ltd.	21,319		156
	First Community
	Bancshares Inc.	12,944		156
	Cogdell Spencer Inc.	27,300		155
*	Tejon Ranch Co.	5,274		154
	BankAtlantic Bancorp Inc.
	Class A	117,578		153
	PMI Group Inc.	60,473		152
	Fifth Street Finance Corp.	14,031		151
	StellarOne Corp.	14,873		148
	Center Bancorp Inc.	16,521		147
	Westfield Financial Inc.	17,819		147
	Sierra Bancorp	19,076		146
	First of Long Island Corp.	5,666		143
	Danvers Bancorp Inc.	10,898		142
*	AmeriServ Financial Inc.	83,468		139
	NYMAGIC Inc.	8,297		138
	Sun Communities Inc.	6,804		134
	Lakeland Bancorp Inc.	20,733		132
^	TowneBank	11,296		132
	State Auto Financial Corp.	7,086		131
	Suffolk Bancorp	4,408		131


					Market
					Value^•
			Shares	($	000	)
	Enterprise Financial
	Services Corp.		16,823		130
	Rewards Network Inc.		9,974		126
	Urstadt Biddle Properties Inc.
	Class A		8,198		125
	MVC Capital Inc.		10,560		125
	Tompkins Financial Corp.		3,024		122
	Federal Agricultural
	Mortgage Corp.		16,837		118
^{*,^}	Cohen & Co. Inc.		23,178		114
	Washington Trust
	Bancorp Inc.		7,226		113
	German American
	Bancorp Inc.		6,816		111
	American Physicians
	Service Group Inc.		4,797		111
^{*,^}	Amcore Financial Inc.		88,192		109
	Asta Funding Inc.		14,455		102
^	Capitol Bancorp Ltd.		52,169		102
*	First Marblehead Corp.		46,816		100
*	American Safety Insurance
	Holdings Ltd.		6,800		98
	OceanFirst Financial Corp.		8,624		97
*	Western Alliance Bancorp		25,685		97
	Oritani Financial Corp.		6,931		95
	CapLease Inc.		21,720		95
	NorthStar Realty
	Finance Corp.		27,684		95
*	Crawford & Co. Class B		23,931		94
^	Bridge Bancorp Inc.		3,894		94
	Merchants Bancshares Inc.		4,126		93
*	American
	Independence Corp.		20,279		92
	Resource America Inc.
	Class A		22,502		91
	Century Bancorp Inc. Class A		4,105		90
*	Penson Worldwide Inc.		9,728		88
	Gladstone Investment Corp.		19,136		87
	Univest Corp. of Pennsylvania		4,943		87
*	Guaranty Bancorp		65,579		87
	First Defiance Financial Corp.		7,612		86
	Kite Realty Group Trust		20,750		84
*	Reis Inc.		13,650		84
*	Ladenburg Thalmann
	Financial Services Inc.	129,695			83
	Sandy Spring Bancorp Inc.		9,250		82
*	HFF Inc. Class A		13,063		82
	Cascade Financial Corp.		36,647		81
	Oppenheimer Holdings Inc.
	Class A		2,406		80
	Investors Title Co.		2,504		78
*	Metro Bancorp Inc.		5,972		75
	Student Loan Corp.		1,609		75
*	Republic First Bancorp Inc.		17,473		75
	Financial Institutions Inc.		6,247		74
	Center Financial Corp.		15,249		70

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
^{*,^}	Central Pacific Financial Corp.	53,485		70
^	BancTrust Financial Group Inc.	24,403		70
	WSFS Financial Corp.	2,698		69

*	Affirmative Insurance


	Holdings Inc.	16,500	67
	First Financial Northwest Inc.	10,000	66
	Centerstate Banks Inc.	6,471	65
*	Gramercy Capital Corp.	24,868	64
*	Virtus Investment
	Partners Inc.	4,016	64
*	Newcastle Investment Corp.	30,001	63
	South Financial Group Inc.	96,177	62
	Pacific Capital Bancorp NA	64,227	62
	Mission West Properties Inc.	8,567	62
	CFS Bancorp Inc.	18,970	61
	K-Fed Bancorp	6,943	61
^{*,^}	Capital Trust Inc. Class A	46,239	59
*	First Acceptance Corp.	28,851	56
	Winthrop Realty Trust	5,127	56
	Union Bankshares Corp.	4,439	55
*	SeaBright Insurance
	Holdings Inc.	4,633	53
	Eastern Virginia
	Bankshares Inc.	7,487	53
^	City Bank	30,530	53
	Sterling Bancorp	7,171	51
*	Cape Bancorp Inc.	7,560	51
	Glimcher Realty Trust	18,562	50
	Bar Harbor Bankshares	1,800	49
	LSB Corp.	4,999	49
	Monmouth Real Estate
	Investment Corp. Class A	6,436	48
*	NewStar Financial Inc.	12,108	47
*	Hanmi Financial Corp.	39,333	47
	ESB Financial Corp.	3,558	47
	Ramco-Gershenson
	Properties Trust	4,805	46
*	Firstcity Financial Corp.	6,000	45
*	Meridian Interstate
	Bancorp Inc.	4,724	41
	First Place Financial Corp.	14,747	41
*	Tree.com Inc.	4,454	41
	Colony Bankcorp Inc.	8,706	40
	Wilshire Bancorp Inc.	4,798	39
	Comm Bancorp Inc.	1,769	39
	Capital Bank Corp.	10,018	39
	Government Properties
	Income Trust	1,655	38
*	Primus Guaranty Ltd.	12,300	38
*	Maguire Properties Inc.	24,623	37
^	W Holding Co. Inc.	1,569	36
*	RAIT Financial Trust	26,606	35
	Shore Bancshares Inc.	2,379	34
	Atlantic Coast Federal Corp.	22,599	34
	PennantPark Investment Corp.	3,800	34
	VIST Financial Corp.	6,411	33


				Market
				Value^•
		Shares	($	000	)
	Westwood Holdings
	Group Inc.	916		33
	Diamond Hill Investment
	Group Inc.	512		33
	First South Bancorp Inc.	3,129		32
	Cadence Financial Corp.	18,300		32
	MainSource Financial
	Group Inc.	6,687		32
*	Consumer Portfolio
	Services Inc.	27,451		31
	Hersha Hospitality Trust	9,885		31
	One Liberty Properties Inc.	3,442		30
*	Crawford & Co. Class A	9,000		30
	Ameriana Bancorp	11,143		30
	Peoples Bancorp Inc.	3,062		30
	Citizens & Northern Corp.	3,103		30
	Southwest Bancorp Inc.	4,254		30
	NGP Capital Resources Co.	3,600		29
^{*,^}	Anchor Bancorp
	Wisconsin Inc.	46,214		29
	PMC Commercial Trust	3,875		29
^	Old Second Bancorp Inc.	4,202		29
^	Cascade Bancorp	41,579		29
	Pulaski Financial Corp.	4,191		28
	Kansas City Life
	Insurance Co.	900		27
	UMH Properties Inc.	3,070		26
*	First Keystone Financial Inc.	2,063		24
*	Bank of Florida Corp.	27,322		22
	Heritage Financial Corp.	1,610		22
	Meta Financial Group Inc.	1,049		22
	Peapack Gladstone
	Financial Corp.	1,726		22
*	Grubb & Ellis Co.	16,894		22
^{*,^}	Sterling Financial Corp.	32,946		20
	Heritage Commerce Corp.	5,040		20
^{*,^}	Frontier Financial Corp.	5,756		20
*	Bancorp Inc.	2,757		19
*	NewBridge Bancorp	8,425		19
	Rome Bancorp Inc.	2,312		18
^	Green Bankshares Inc.	5,147		18
*	Stratus Properties Inc.	1,599		18
*	Sun Bancorp Inc.	4,671		18
	Citizens South Banking Corp.	3,809		17
	West Bancorporation Inc.	3,478		17
	Smithtown Bancorp Inc.	2,863		17
	Gladstone Commercial Corp.	1,223		16
	Camco Financial Corp.	8,512		16
*	Virginia Commerce Bancorp	4,186		16
*	Waterstone Financial Inc.	7,200		15
	North Valley Bancorp	6,436		13
	Bank of Marin Bancorp	400		13
	HopFed Bancorp Inc.	1,305		12
	Farmers Capital Bank Corp.	1,180		12
	Mercantile Bank Corp.	4,011		12
	Wainwright Bank & Trust Co.	1,613		12

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	Deerfield Capital Corp.	2,543		12
	TF Financial Corp.	616		12
	National Interstate Corp.	660		11
*	United Community
	Financial Corp.	7,545		11
	First United Corp.	1,815		11
	Resource Capital Corp.	2,172		11
	First M&F Corp.	4,667		10
	West Coast Bancorp	4,749		10
*	Macatawa Bank Corp.	4,554		10
*	Pacific Mercantile Bancorp	3,238		10
*	BCSB Bancorp Inc.	1,195		10
*	Maui Land &
	Pineapple Co. Inc.	1,676		9
	Premierwest Bancorp	6,453		9
*	First State Bancorporation	19,054		8
*	HMN Financial Inc.	1,711		7
	Jefferson Bancshares Inc.	1,600		7
	Seacoast Banking Corp.
	of Florida	4,404		7
	Firstbank Corp.	820		7
	Independent Bank Corp.	9,627		7
	Preferred Bank	3,847		7
	Federal Agricultural
	Mortgage Corp. Class A	1,021		7
	Provident Financial
	Holdings Inc.	2,290		6
	Middleburg Financial Corp.	500		6
	Codorus Valley Bancorp Inc.	1,184		6
*	Nicholas Financial Inc.	800		6
*	Unity Bancorp Inc.	1,310		5
*	Bank of Granite Corp.	9,915		5
	Northrim BanCorp Inc.	256		4
*	Superior Bancorp	1,211		4
	First Financial Service Corp.	438		4
	Wayne Savings
	Bancshares Inc.	673		4
*	AMV Liquidating Trust	34,500		4
	Integra Bank Corp.	4,988		4
	First Federal Bancshares
	of Arkansas Inc.	1,606		4
*	TierOne Corp.	5,200		4
	Peoples Financial Corp.	166		3
	Indiana Community Bancorp	438		3
	HF Financial Corp.	347		3
	Thomas Properties Group Inc.	1,100		3
	Timberland Bancorp Inc.	706		3
	MutualFirst Financial Inc.	500		3
*	Midwest Banc Holdings Inc.	6,867		2
*	Northern States Financial Corp.	599		2
	State Bancorp Inc.	330		2
*	Royal Bancshares of
	Pennsylvania Inc.	1,768		2
	Parkvale Financial Corp.	316		2
	FNB United Corp.	1,696		2


					Market
					Value^•
			Shares	($	000	)
^	Hampton Roads
	Bankshares Inc.		900		2
	United Security Bancshares		86		1
	21st Century Holding Co.		282		1
	Princeton National
	Bancorp Inc.		100		1
	Kohlberg Capital Corp.		200		1
*	Valley National Bancorp
	Warrants Exp. 6/30/2015		240		1
	MetroCorp Bancshares Inc.		159		1
*	American Realty Investors Inc.		40		1
	Brooklyn Federal Bancorp Inc.		44		—
*	ZipRealty Inc.		100		—
	Teton Advisors Inc. Class B		143		—
*	TIB Financial Corp.		394		—
					1,852,540
Health Care (12.5%)
	Johnson & Johnson	2,736,270			176,243
	Pfizer Inc.	8,006,943			145,646
	Merck & Co. Inc.	3,032,850			110,820
	Abbott Laboratories	1,535,003			82,875
*	Amgen Inc.	1,008,343			57,042
	Medtronic Inc.	1,101,712			48,453
	Bristol-Myers Squibb Co.	1,699,601			42,915
*	Gilead Sciences Inc.	897,918			38,862
	Eli Lilly & Co.	1,026,856			36,669
	UnitedHealth Group Inc.	1,153,987			35,174
	Baxter International Inc.	598,383			35,113
*	Medco Health
	Solutions Inc.	470,435			30,066
*	WellPoint Inc.	471,603			27,490
*	Celgene Corp.	455,426			25,358
	Covidien PLC	498,967			23,896
*	Express Scripts Inc.	258,912			22,383
*	Thermo Fisher
	Scientific Inc.	405,390			19,333
	Allergan Inc.	302,028			19,031
	Becton Dickinson and Co.	237,842			18,756
	McKesson Corp.	264,402			16,525
*	Biogen Idec Inc.	286,848			15,346
	Stryker Corp.	296,296			14,924
	Aetna Inc.	433,963			13,757
*	Boston Scientific Corp.	1,497,562			13,478
*	Genzyme Corp.	268,731			13,171
*	St Jude Medical Inc.	345,649			12,713
*	Zimmer Holdings Inc.	212,960			12,588
	Cardinal Health Inc.	358,014			11,542
*	Intuitive Surgical Inc.		37,702		11,436
*	Forest Laboratories Inc.	299,918			9,630
	CIGNA Corp.	271,165			9,564
	Quest Diagnostics Inc.	157,052			9,483
*	Life Technologies Corp.	175,198			9,151
*	Vertex Pharmaceuticals Inc.	191,319			8,198
*	Hospira Inc.	160,158			8,168

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	Laboratory Corp. of
	America Holdings	107,697		8,060
	AmerisourceBergen Corp.
	Class A	295,555		7,705
	CR Bard Inc.	97,097		7,564
*	Humana Inc.	168,611		7,400
*	DaVita Inc.	103,525		6,081
*	Waters Corp.	95,182		5,898
*	Varian Medical Systems Inc.	124,684		5,841
*	Cerner Corp.	68,563		5,652
*	Mylan Inc.	303,772		5,599
*	Human Genome
	Sciences Inc.	179,296		5,486
	DENTSPLY International Inc.	140,223		4,932
*	Edwards Lifesciences Corp.	56,141		4,876
*	Henry Schein Inc.	89,568		4,711
*	Cephalon Inc.	74,168		4,629
*	CareFusion Corp.	179,262		4,483
	Beckman Coulter Inc.	68,104		4,457
*	Alexion Pharmaceuticals Inc.	87,537		4,274
*	Millipore Corp.	55,207		3,994
*	Watson Pharmaceuticals Inc. 100,095			3,965
*	ResMed Inc.	75,312		3,937
	IMS Health Inc.	181,784		3,828
*	Illumina Inc.	123,692		3,791
*	Hologic Inc.	255,426		3,704
*	Coventry Health Care Inc.	149,131		3,622
*	Mettler-Toledo
	International Inc.	33,556		3,523
*	Covance Inc.	63,849		3,484
*	Dendreon Corp.	130,316		3,425
*	Community Health
	Systems Inc.	92,476		3,292
*	Warner Chilcott PLC
	Class A	112,843		3,213
*	Inverness Medical
	Innovations Inc.	76,031		3,156
*	IDEXX Laboratories Inc.	58,601		3,132
	Perrigo Co.	77,872		3,102
*	King Pharmaceuticals Inc.	246,961		3,030
	Omnicare Inc.	118,941		2,876
*	Mednax Inc.	46,095		2,771
	Universal Health
	Services Inc. Class B	90,552		2,762
*	Tenet Healthcare Corp.	477,735		2,575
*	Patterson Cos. Inc.	91,290		2,554
*	Lincare Holdings Inc.	67,630		2,510
*	United Therapeutics Corp.	47,548		2,503
*	Myriad Genetics Inc.	95,801		2,500
	Pharmaceutical Product
	Development Inc.	106,002		2,485
*	Valeant Pharmaceuticals
	International	76,909		2,445
*	Health Net Inc.	104,271		2,428
	Techne Corp.	35,399		2,427
	PerkinElmer Inc.	116,471		2,398


				Market
				Value^•
		Shares	($	000	)
*	Endo Pharmaceuticals
	Holdings Inc.	116,641		2,392
*	Charles River Laboratories
	International Inc.	65,993		2,223
*	Gen-Probe Inc.	50,278		2,157
	Teleflex Inc.	39,835		2,147
*	VCA Antech Inc.	84,672		2,110
*	Kinetic Concepts Inc.	53,362		2,009
*	Amylin Pharmaceuticals Inc.	141,556		2,009
*	BioMarin Pharmaceutical Inc.	100,424		1,889
*	Bio-Rad Laboratories Inc.
	Class A	18,957		1,829
*	Health Management
	Associates Inc. Class A	247,984		1,803
*	OSI Pharmaceuticals Inc.	58,005		1,800
*	Onyx Pharmaceuticals Inc.	61,188		1,795
	Owens & Minor Inc.	41,818		1,795
	Cooper Cos. Inc.	44,902		1,712
*	LifePoint Hospitals Inc.	52,044		1,692
*	Healthsouth Corp.	88,889		1,668
	STERIS Corp.	58,854		1,646
	Medicis Pharmaceutical
	Corp. Class A	59,459		1,608
*	WellCare Health Plans Inc.	42,175		1,550
*	Thoratec Corp.	56,931		1,533
*	Emergency Medical
	Services Corp. Class A	28,066		1,520
*	Varian Inc.	29,070		1,498
*	Regeneron
	Pharmaceuticals Inc.	61,955		1,498
*	Masimo Corp.	49,184		1,496
*	Magellan Health
	Services Inc.	35,422		1,443
*	American Medical
	Systems Holdings Inc.	74,525		1,438
	Hill-Rom Holdings Inc.	59,919		1,437
*	Haemonetics Corp.	25,750		1,420
*	AMERIGROUP Corp.	52,635		1,419
*	Immucor Inc.	70,057		1,418
*	Salix Pharmaceuticals Ltd.	55,211		1,402
*	Auxilium Pharmaceuticals Inc.	46,033		1,380
*	Catalyst Health Solutions Inc.	37,461		1,366
^{*,^}	Amedisys Inc.	27,583		1,339
*	PSS World Medical Inc.	59,274		1,338
*	Allscripts-Misys Healthcare
	Solutions Inc.	65,040		1,316
*	Dionex Corp.	17,686		1,306
*	Brookdale Senior Living Inc.	71,693		1,304
	West Pharmaceutical
	Services Inc.	33,070		1,296
*	HMS Holdings Corp.	26,131		1,272
*	NuVasive Inc.	38,032		1,216
	Quality Systems Inc.	18,483		1,161
*	Sirona Dental Systems Inc.	36,078		1,145
*	Psychiatric Solutions Inc.	53,855		1,139
*	Cubist Pharmaceuticals Inc.	58,098		1,102

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Chemed Corp.	22,886		1,098
*	Medivation Inc.	28,277		1,065
*	Isis Pharmaceuticals Inc.	93,881		1,042
*	Eclipsys Corp.	56,114		1,039
*	Align Technology Inc.	57,235		1,020
*	athenahealth Inc.	22,042		997
*	Centene Corp.	45,863		971
*	Incyte Corp. Ltd.	105,153		958
*	Acorda Therapeutics Inc.	37,923		956
	Invacare Corp.	38,322		956
*	Par Pharmaceutical Cos. Inc.	35,265		954
*	Cepheid Inc.	76,330		953
*	Exelixis Inc.	128,261		945
*	Conmed Corp.	40,940		933
*	ev3 Inc.	68,085		908
*	AMAG Pharmaceuticals Inc.	23,878		908
*	Savient Pharmaceuticals Inc.	66,231		901
*	Alkermes Inc.	94,454		889
*	Alnylam Pharmaceuticals Inc.	49,659		875
*	Healthspring Inc.	49,664		875
	Meridian Bioscience Inc.	40,583		875
*	Nektar Therapeutics	93,044		867
*	Seattle Genetics Inc.	83,996		853
*	Gentiva Health Servi ces Inc.	30,961		836
*	Volcano Corp.	47,658		828
	PDL BioPharma Inc.	119,885		822
*	Parexel International Corp.	58,154		820
*	Cyberonics Inc.	40,075		819
*	Celera Corp.	118,340		818
*	Conceptus Inc.	43,126		809
*	Wright Medical Group Inc.	40,970		776
*	Abaxis Inc.	30,112		769
*	Allos Therapeutics Inc.	116,081		763
	Analogic Corp.	19,752		761
^{*,^}	Enzon Pharmaceuticals Inc.	69,718		734
*	Bio-Reference Labs Inc.	18,612		729
*	Cell Therapeutics Inc.	637,779		727
*	Integra LifeSciences
	Holdings Corp.	19,324		711
*	Amsurg Corp. Class A	32,222		710
*	Geron Corp.	126,007		699
*	Vivus Inc.	76,081		699
*	Martek Biosciences Corp.	36,739		696
*	Theravance Inc.	51,754		676
	Computer Programs &
	Systems Inc.	14,526		669
*	Healthways Inc.	35,638		654
*	Affymax Inc.	26,268		650
*	Natus Medical Inc.	43,833		648
*	Phase Forward Inc.	40,989		629
*	Kindred Healthcare Inc.	34,073		629
*	Viropharma Inc.	71,669		601
*	Halozyme Therapeutics Inc.	101,188		594
*	Air Methods Corp.	17,155		577
*	MedAssets Inc.	26,654		565
*	BioScrip Inc.	67,312		563


				Market
				Value^•
		Shares	($	000	)
*	Affymetrix Inc.	95,466		558
*	Impax Laboratories Inc.	40,875		556
*	Luminex Corp.	37,110		554
	Landauer Inc.	8,804		541
*	AMN Healthcare
	Services Inc.	59,586		540
^{*,^}	MannKind Corp.	61,340		537
*	Bruker Corp.	44,520		537
*	ABIOMED Inc.	61,333		536
*	Arena Pharmaceuticals Inc.	150,899		536
*	Medicines Co.	63,007		526
*	Assisted Living
	Concepts Inc. Class A	19,727		520
*	Cantel Medical Corp.	25,669		518
*	Genomic Health Inc.	25,889		506
*	AMICAS Inc.	91,649		499
*	InterMune Inc.	37,402		488
*	RehabCare Group Inc.	16,015		487
*	Emeritus Corp.	25,927		486
*	Merit Medical Systems Inc.	25,133		485
*	Almost Family Inc.	12,240		484
*	Momenta
	Pharmaceuticals Inc.	38,342		484
*	Clinical Data Inc.	26,300		480
*	Immunogen Inc.	59,965		471
*	Corvel Corp.	14,041		471
*	PharMerica Corp.	29,556		469
*	Ariad Pharmaceuticals Inc.	205,447		468
*	Hanger Orthopedic
	Group Inc.	33,845		468
*	Cadence
	Pharmaceuticals Inc.	47,971		464
*	XenoPort Inc.	24,550		456
*	Greatbatch Inc.	23,353		449
*	Curis Inc.	137,305		446
*	American Dental
	Partners Inc.	34,134		440
^{*,^}	BioCryst
	Pharmaceuticals Inc.	68,034		440
*	Cross Country
	Healthcare Inc.	43,804		434
*	ICU Medical Inc.	11,836		431
*	Emergent Biosolution s Inc.	31,678		431
*	Orthofix International NV	13,889		430
*	Facet Biotech Corp.	24,208		426
*	Accuray Inc.	74,837		420
*	Universal American Corp.	34,737		406
*	ATS Medical Inc.	125,131		404
*	inVentiv Health Inc.	24,020		388
*	Array Biopharma Inc.	137,494		386
*	Alphatec Holdings Inc.	70,472		376
*	Allied Healthcare
	International Inc.	127,012		370
*	Akorn Inc.	205,127		367
*	AVANIR
	Pharmaceuticals Inc.	191,215		363

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Atrion Corp.	2,308		359
*	Albany Molecular
	Research Inc.	39,452		358
*	Abraxis Bioscience Inc.	8,353		339
*	Kensey Nash Corp.	13,231		337
*	LHC Group Inc.	9,997		336
^{*,^}	AVI BioPharma Inc.	229,679		335
*	CryoLife Inc.	52,153		335
*	Rigel Pharmaceuticals Inc.	34,789		331
*	Cypress Bioscience Inc.	57,335		330
*	Zoll Medical Corp.	12,185		326
*	Inspire Pharmaceuticals Inc.	56,736		313
*	Exactech Inc.	17,833		309
*	Capital Senior Living Corp.	61,232		307
*	SurModics Inc.	13,410		304
*	Anika Therapeutics Inc.	39,233		299
*	Alliance HealthCare
	Services Inc.	52,420		299
*	Neogen Corp.	12,588		297
*	Genoptix Inc.	8,344		296
*	Anadys Pharmaceuticals Inc.	134,872		285
	America Service Grou p Inc.	17,781		282
*	Questcor
	Pharmaceuticals Inc.	59,339		282
*	Depomed Inc.	82,966		278
*	Arqule Inc.	74,924		276
*	Continucare Corp.	63,099		276
*	eResearchTechnology Inc.	44,910		270
*	Quidel Corp.	19,515		269
*	Odyssey HealthCare Inc.	17,024		265
*	Cerus Corp.	131,438		262
*	Accelrys Inc.	45,418		260
*	Pharmasset Inc.	12,410		257
*	KV Pharmaceutical Co.
	Class A	69,948		257
*	Cutera Inc.	29,629		252
*	Sequenom Inc.	55,150		228
*	MWI Veterinary Supply Inc.	5,979		225
*	Dyax Corp.	66,289		225
*	Zymogenetics Inc.	34,713		222
*	Durect Corp.	87,225		215
*	Medical Action Industries Inc.	13,400		215
*	IPC The Hospitalist Co. Inc.	6,324		210
*	Five Star Quality Care Inc.	59,524		207
*	Cynosure Inc. Class A	17,900		206
*	DexCom Inc.	25,208		204
*	Molina Healthcare Inc.	8,837		202
*	Symmetry Medical Inc.	25,069		202
*	SonoSite Inc.	8,482		200
*	Insulet Corp.	14,000		200
*	Sun Healthcare Group Inc.	21,255		195
*	Candela Corp.	60,532		183
*	Allion Healthcare Inc.	27,890		183
*	Targacept Inc.	8,620		180
*	Ligand Pharmaceuticals Inc.
	Class B	82,454		179


				Market
				Value^•
		Shares	($	000	)
*	Omnicell Inc.	15,060		176
*	Cytokinetics Inc.	60,413		176
*	BioMimetic Therapeutics Inc.	14,542		174
*	Optimer Pharmaceuticals Inc.	15,349		173
	National Healthcare Corp.	4,638		168
*	Biodel Inc.	38,126		165
^{*,^}	Discovery Laboratories Inc.	259,554		163
*	Adolor Corp.	111,517		163
*	Endologix Inc.	30,806		163
*	Pain Therapeutics Inc.	29,876		160
^{*,^}	GTx Inc.	38,110		160
*	OraSure Technologies Inc.	31,409		160
*	Celldex Therapeutics Inc.	34,038		159
*	Res-Care Inc.	13,626		153
*	Immunomedics Inc.	47,045		151
*	Antigenics Inc.	235,293		151
*	Caliper Life Sciences Inc.	58,415		150
*	Alexza Pharmaceuticals Inc.	60,905		146
*	BMP Sunstone Corp.	25,593		146
*	Caraco Pharmaceutical
	Laboratories Ltd.	24,070		145
*	Triple-S Management Corp.
	Class B	8,176		144
*	BioClinica Inc.	33,629		143
*	IRIS International Inc.	11,438		141
*	Nabi Biopharmaceuticals	28,374		139
*	Columbia Laboratories Inc.	126,396		137
*	Acadia Pharmaceuticals Inc.	101,568		134
*	Palomar Medical
	Technologies Inc.	13,230		133
*	NPS Pharmaceuticals Inc.	38,805		132
*	Opko Health Inc.	69,547		127
*	US Physical Therapy Inc.	7,364		125
*	Angiodynamics Inc.	7,692		124
*	Protalix BioTherapeutics Inc.	18,675		124
*	Merge Healthcare Inc.	35,735		120
*	Novavax Inc.	44,611		119
*	Pozen Inc.	19,561		117
*	Micromet Inc.	17,349		116
*	Harvard Bioscience Inc.	32,348		116
*	Chelsea Therapeutics
	International Inc.	41,466		112
*	Biolase Technology Inc.	57,602		109
*	Myriad Pharmaceuticals Inc.	21,508		108
*	Clarient Inc.	39,851		106
*	Cambrex Corp.	18,866		105
*	Maxygen Inc.	17,251		105
*	Kendle International Inc.	5,707		105
*	GenVec Inc.	86,742		104
*	CytRx Corp.	91,582		103
*	Sunrise Senior Living Inc.	31,787		102
*	LCA-Vision Inc.	19,487		100
*	Orthovita Inc.	28,262		99
*	Spectranetics Corp.	14,143		98
*	Medcath Corp.	12,390		98
*	Rochester Medical Corp.	8,732		97

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	Idenix Pharmaceuticals Inc.	42,528		91
*	Vital Images Inc.	7,125		90
*	Bovie Medical Corp.	11,000		86
*	Matrixx Initiatives Inc.	19,418		82
*	Insmed Inc.	104,650		81
*	Enzo Biochem Inc.	14,711		79
*	RTI Biologics Inc.	20,090		77
*	Progenics
	Pharmaceuticals Inc.	17,277		77
*	BioSphere Medical Inc.	27,491		75
*	Providence Service Corp.	4,531		72
*	Nighthawk Radiology
	Holdings Inc.	15,154		69
*	PDI Inc.	13,965		67
*	Corcept Therapeutics Inc.	23,958		67
*	Icad Inc.	42,953		65
*	Aastrom Biosciences Inc.	204,553		63
*	Sangamo Biosciences Inc.	9,647		57
*	Cardiac Science Corp.	25,269		56
^{*,^}	Cytori Therapeutics Inc.	9,200		56
*	Idera Pharmaceuticals Inc.	10,285		53
*	HealthTronics Inc.	19,398		51
*	Osiris Therapeutics Inc.	7,100		51
*	Hi-Tech Pharmacal Co. Inc.	1,800		51
*	Animal Health
	International Inc.	20,454		49
*	Ardea Biosciences Inc.	3,492		49
*	ADVENTRX
	Pharmaceuticals Inc.	137,900		48
*	Vanda Pharmaceuticals Inc.	4,252		48
*	Vascular Solutions Inc.	5,686		48
*	ISTA Pharmaceuticals Inc.	9,776		45
*	Hooper Holmes Inc.	42,124		44
*	Lexicon Pharmaceuticals Inc.	25,762		44
*	Neurocrine Biosciences Inc.	15,959		43
*	Santarus Inc.	9,196		43
*	National Dentex Corp.	3,944		40
*	SuperGen Inc.	14,785		39
*	Rural/Metro Corp.	6,345		38
^{*,^}	Hemispherx Biopharma Inc.	65,582		37
*	Penwest Pharmaceuticals Co.	13,587		35
*	Staar Surgical Co.	11,213		35
^{*,^}	Biosante Pharmaceuticals Inc.	23,828		35
	Psychemedics Corp.	4,628		34
*	MiddleBrook
	Pharmaceuticals Inc.	66,191		34
*	Metabolix Inc.	3,000		33
*	Stereotaxis Inc.	8,300		33
	Ensign Group Inc.	2,100		32
*	Infinity Pharmaceuticals Inc.	5,218		32
*	Somanetics Corp.	1,801		32
*	American Caresource
	Holdings Inc.	12,800		31
*	Sciclone
	Pharmaceuticals Inc.	13,095		31


				Market
				Value^•
		Shares	($	000	)
*	Spectrum
	Pharmaceuticals Inc.	6,800		30
*	CPEX Pharmaceuticals Inc.	2,615		30
*	Micrus Endovascular Corp.	1,927		29
*	MAKO Surgical Corp.	2,600		29
*	Osteotech Inc.	8,935		29
*	Peregrine
	Pharmaceuticals Inc.	9,467		28
*	Arrowhead Research Corp.	52,360		28
*	Digirad Corp.	13,188		28
*	Synovis Life Technologies Inc.	2,100		27
*	CardioNet Inc.	4,400		26
*	Vical Inc.	7,842		26
*	Transcend Services Inc.	1,200		26
*	Chindex International Inc.	1,800		25
*	Hansen Medical Inc.	8,149		25
*	Theragenics Corp.	18,231		24
*	TomoTherapy Inc.	6,200		24
*	Orexigen Therapeutic s Inc.	3,200		24
*	Repligen Corp.	5,551		23
*	Pharmacyclics Inc.	7,259		23
*	StemCells Inc.	17,974		23
*	Skilled Healthcare Group Inc.	3,000		22
*	ThermoGenesis Corp.	37,607		22
*	AtriCure Inc.	3,400		21
*	XOMA Ltd.	28,554		20
*	SIGA Technologies Inc.	3,397		20
*	Entremed Inc.	23,118		19
*	Telik Inc.	21,589		17
*	Mediware Information
	Systems	2,170		15
	Trimeris Inc.	5,826		15
*	OXiGENE Inc.	11,910		14
*	ARCA Biopharma Inc.	3,931		13
*	Javelin Pharmaceuticals Inc.	9,800		13
*	Orthologic Corp.	14,989		11
*	Orchid Cellmark Inc.	6,213		11
*	Dynavax Technologies Corp.	7,379		11
*	NMT Medical Inc.	3,896		10
	Young Innovations Inc.	377		9
*	Metropolitan Health
	Networks Inc.	4,186		8
*	RXi Pharmaceuticals Corp.	1,626		7
*	BioForm Medical Inc.	2,150		7
*	OTIX Global Inc.	8,644		7
*	RadNet Inc.	2,600		5
*	IVAX Diagnostics Inc.	10,266		5
*	Strategic Diagnostics Inc.	3,632		5
*	Dialysis Corp. Of America	665		5
*	Cardica Inc.	2,775		3
*	NovaMed Inc.	620		2
*	EpiCept Corp.	3,977		2
*	Interleukin Genetics Inc.	2,262		2
*	Combinatorx Inc.	2,231		2
*	Heska Corp.	2,582		1

Institutional Total Stock Market Index Fund


					Market
					Value^•
			Shares	($	000	)
*	GTC Biotherapeutics Inc.		1,272		1
*	Quigley Corp.		400		1
					1,533,053
Industrials (10.9%)
	General Electric Co.	10,549,427			159,613
	United Technologies Corp.		887,715		61,616
	3M Co.		658,610		54,447
	United Parcel Service Inc.
	Class B		697,352		40,007
	Boeing Co.		685,235		37,092
	Caterpillar Inc.		616,786		35,151
	Burlington Northern
	Santa Fe Corp.		337,600		33,294
	Union Pacific Corp.		500,802		32,001
	Emerson Electric Co.		746,313		31,793
	Honeywell International Inc.		709,289		27,804
	FedEx Corp.		294,720		24,594
	Lockheed Martin Corp.		324,394		24,443
	Deere & Co.		420,017		22,719
	General Dynamics Corp.		324,946		22,152
	Danaher Corp.		269,809		20,290
	Illinois Tool Works Inc.		422,278		20,265
	Raytheon Co.		386,717		19,924
	Norfolk Southern Corp.		364,966		19,131
	CSX Corp.		389,349		18,880
	Tyco International Ltd.		470,914		16,802
	Northrop Grumman Corp.		300,174		16,765
	Waste Management Inc.		465,008		15,722
	Precision Castparts Corp.		139,362		15,379
	PACCAR Inc.		343,015		12,441
	Ingersoll-Rand PLC		317,323		11,341
	Republic Services Inc.
	Class A		376,847		10,669
	L-3 Communications
	Holdings Inc.		115,887		10,076
	Eaton Corp.		156,443		9,953
	CH Robinson
	Worldwide Inc.		167,329		9,827
*	Delta Air Lines Inc.		772,947		8,796
	Cummins Inc.		190,608		8,741
	Rockwell Collins Inc.		156,558		8,667
	Parker Hannifin Corp.		159,649		8,602
	ITT Corp.		172,309		8,571
	Southwest Airlines Co.		737,159		8,426
	Fluor Corp.		178,937		8,059
	Goodrich Corp.		123,374		7,927
	Dover Corp.		185,176		7,705
	Expeditors International
	of Washington Inc.		210,762		7,320
	Cooper Industries PLC		165,715		7,066
	Rockwell Automation Inc.		141,279		6,637
^{*,^}	First Solar Inc.		46,367		6,278
	WW Grainger Inc.		62,182		6,021
	Fastenal Co.		132,777		5,529
*	McDermott International Inc.		228,797		5,493


				Market
				Value^•
		Shares	($	000	)
	Flowserve Corp.	55,731		5,268
	Joy Global Inc.	101,622		5,243
	Textron Inc.	269,176		5,063
	Masco Corp.	358,075		4,945
	Roper Industries Inc.	90,363		4,732
	Pitney Bowes Inc.	206,094		4,691
*	Jacobs Engineering
	Group Inc.	123,503		4,645
	RR Donnelley & Sons Co.	204,000		4,543
*	Stericycle Inc.	80,460		4,439
	Dun & Bradstreet Corp.	52,606		4,438
	Manpower Inc.	77,921		4,253
	Pall Corp.	117,189		4,242
	Bucyrus International Inc.
	Class A	74,709		4,211
*	Iron Mountain Inc.	181,693		4,135
*	Quanta Services Inc.	196,673		4,099
	AMETEK Inc.	106,896		4,088
	Equifax Inc.	125,651		3,881
	Robert Half
	International Inc.	143,645		3,840
*	URS Corp.	83,905		3,735
*	Foster Wheeler AG	125,836		3,705
	Avery Dennison Corp.	100,959		3,684
	Stanley Works	71,165		3,666
	Cintas Corp.	136,786		3,563
	Oshkosh Corp.	87,123		3,226
*	Kansas City Southern	95,643		3,184
	Donaldson Co. Inc.	73,048		3,107
	KBR Inc.	159,295		3,027
	Pentair Inc.	92,987		3,003
*	AGCO Corp.	92,150		2,980
*	Alliant Techsystems Inc.	32,731		2,889
	JB Hunt Transport
	Services Inc.	88,462		2,855
*	Corrections Corp.
	of America	114,884		2,820
*	IHS Inc. Class A	50,234		2,753
*	Verisk Analytics Inc. Class A	90,300		2,734
	SPX Corp.	48,783		2,668
*	Waste Connections Inc.	79,824		2,661
*	Copart Inc.	71,089		2,604
	Harsco Corp.	80,072		2,581
*	AMR Corp.	329,320		2,546
	IDEX Corp.	80,160		2,497
*	Continental Airlines Inc.
	Class B	138,202		2,477
*	Navistar International Corp.	63,311		2,447
	Hubbell Inc. Class B	51,568		2,439
*	FTI Consulting Inc.	51,685		2,437
	Snap-On Inc.	57,557		2,432
*	Aecom Technology Corp.	88,107		2,423
*	Shaw Group Inc.	83,317		2,395
	Ryder System Inc.	55,855		2,300
	Lincoln Electric Holdings Inc.	42,551		2,275

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	BE Aerospace Inc.	96,351		2,264
*	Covanta Holding Corp.	123,788		2,239
	Gardner Denver Inc.	51,913		2,209
*	Hertz Global Holdings Inc.	183,646		2,189
*	UAL Corp.	166,980		2,156
*	Terex Corp.	107,899		2,137
	Carlisle Cos. Inc.	61,423		2,104
	Kennametal Inc.	81,052		2,101
*	Monster Worldwide Inc.	120,196		2,091
*	Spirit Aerosystems
	Holdings Inc. Class A	104,625		2,078
	MSC Industrial Direct Co.
	Class A	43,928		2,065
	Towers Watson & Co.
	Class A	42,584		2,024
	Landstar System Inc.	51,433		1,994
*	Owens Corning	76,825		1,970
	Timken Co.	82,498		1,956
*	Thomas & Betts Corp.	52,484		1,878
*	GrafTech International Ltd.	120,365		1,872
	Regal-Beloit Corp.	35,866		1,863
	Nordson Corp.	30,347		1,857
	TransDigm Group Inc.	38,800		1,843
	Wabtec Corp.	45,042		1,839
	Lennox International Inc.	47,115		1,839
*	Kirby Corp.	51,291		1,786
*	EMCOR Group Inc.	66,148		1,779
	Con-way Inc.	49,164		1,716
	Graco Inc.	60,008		1,714
*	American
	Superconductor Corp.	41,690		1,705
	CLARCOR Inc.	51,045		1,656
*	Tetra Tech Inc.	60,248		1,637
	Woodward Governor Co.	60,765		1,566
	Acuity Brands Inc.	43,296		1,543
*	General Cable Corp.	52,056		1,531
	Toro Co.	35,674		1,492
	Brady Corp. Class A	48,486		1,455
	Valmont Industries Inc.	18,478		1,450
	Crane Co.	46,621		1,428
	Curtiss-Wright Corp.	45,473		1,424
	Alexander & Baldwin Inc.	40,851		1,398
*	Clean Harbors Inc.	23,429		1,397
	Trinity Industries Inc.	79,219		1,382
	Watsco Inc.	27,995		1,371
	UTi Worldwide Inc.	94,699		1,356
*	United Stationers Inc.	23,584		1,341
*	Avis Budget Group Inc.	101,312		1,329
	GATX Corp.	46,132		1,326
*	JetBlue Airways Corp.	241,071		1,314
*	Teledyne Technologies Inc.	34,135		1,309
	Manitowoc Co. Inc.	131,023		1,306
^{*,^}	SunPower Corp. Class A	55,070		1,304
*	MPS Group Inc.	93,209		1,281
	Baldor Electric Co.	44,626		1,254


				Market
				Value^•
		Shares	($	000	)
*	Genesee & Wyoming Inc.
	Class A	38,353		1,252
*	Hexcel Corp.	96,405		1,251
	Actuant Corp. Class A	67,082		1,243
*	Esterline Technologies Corp.	29,982		1,222
*	Alaska Air Group Inc.	35,313		1,220
	Knight Transportation Inc.	62,239		1,201
*	Moog Inc. Class A	40,976		1,198
	Granite Construction Inc.	35,191		1,185
	Kaydon Corp.	33,108		1,184
*	Geo Group Inc.	51,173		1,120
*	WESCO International Inc.	39,879		1,077
	Simpson
	Manufacturing Co. Inc.	39,600		1,065
	HNI Corp.	38,452		1,062
	Brink’s Co.	43,279		1,053
*	AAR Corp.	44,801		1,030
	AO Smith Corp.	23,652		1,026
	Belden Inc.	46,551		1,020
*	HUB Group Inc. Class A	37,380		1,003
*	EnerSys	45,753		1,001
	Mueller Water Products Inc.
	Class A	191,253		994
*	USG Corp.	69,230		973
	Briggs & Stratton Corp.	50,668		948
	Skywest Inc.	55,641		941
	ESCO Technologies Inc.	26,219		940
	Mueller Industries Inc.	37,401		929
	Werner Enterprises Inc.	46,633		923
	Mine Safety Appliances Co.	34,690		920
	ABM Industries Inc.	44,204		913
*	Resources Connection Inc.	42,960		912
*	SYKES Enterprises Inc.	35,637		908
	Watts Water
	Technologies Inc. Class A	29,317		906
	Heartland Express Inc.	59,172		904
	Herman Miller Inc.	56,494		903
*	Insituform Technologies Inc.
	Class A	39,306		893
	Healthcare Services
	Group Inc.	41,348		887
*	SunPower Corp. Class B	42,055		881
	Albany International Corp.	39,020		876
	Rollins Inc.	45,187		871
*	Orbital Sciences Corp.	56,822		867
*	Old Dominion
	Freight Line Inc.	27,965		859
	Applied Industrial
	Technologies Inc.	38,170		842
	Otter Tail Corp.	33,949		842
*	Middleby Corp.	17,010		834
	Triumph Group Inc.	16,949		818
	American Science &
	Engineering Inc.	10,586		803
*	Armstrong World
	Industries Inc.	20,442		796

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Franklin Electric Co. Inc.	26,987		785
	Corporate Executive
	Board Co.	34,337		784
*	CoStar Group Inc.	18,499		773
	Barnes Group Inc.	45,490		769
*	MasTec Inc.	61,303		766
	Deluxe Corp.	51,207		757
*	Advisory Board Co.	24,672		756
*	Beacon Roofing Supply Inc.	46,130		738
	Aircastle Ltd.	73,886		728
*	US Airways Group Inc.	150,087		726
*	Layne Christensen Co.	25,040		719
*	Navigant Consulting Inc.	48,125		715
*	Macquarie
	Infrastructure Co. LLC	57,182		702
	Arkansas Best Corp.	23,708		698
	Forward Air Corp.	27,840		697
*	ATC Technology Corp.	29,020		692
	Badger Meter Inc.	17,325		690
	Administaff Inc.	28,409		670
*	ACCO Brands Corp.	90,912		662
*	II-VI Inc.	20,739		659
	EnergySolutions Inc.	77,519		658
^{*,^}	Allegiant Travel Co. Class A	13,832		652
*	Blount International Inc.	64,532		652
*	Astec Industries Inc.	24,182		651
	Robbins & Myers Inc.	27,301		642
	Universal Forest
	Products Inc.	17,133		631
^{*,^}	Genco Shipping &
	Trading Ltd.	27,963		626
*	Consolidated Graphics Inc.	17,826		624
*	CBIZ Inc.	81,031		624
*	AZZ Inc.	18,984		621
	Raven Industries Inc.	19,488		619
*	Korn/Ferry International	36,502		602
	Comfort Systems USA Inc.	48,469		598
*	AirTran Holdings Inc.	114,337		597
	Kaman Corp.	25,683		593
	Cubic Corp.	15,756		588
	Knoll Inc.	56,337		582
*	Altra Holdings Inc.	46,684		577
^{*,^}	Evergreen Solar Inc.	362,748		548
*	Acacia Research-Acacia
	Technologies	59,763		544
*	Ceradyne Inc.	27,994		538
*	Atlas Air Worldwide
	Holdings Inc.	14,434		538
^{*,^}	Energy Conversion
	Devices Inc.	50,715		536
	Quanex Building
	Products Corp.	31,461		534
*	Mobile Mini Inc.	37,671		531
*	Chart Industries Inc.	31,868		527
	Ampco-Pittsburgh Corp.	16,367		516
*	GenCorp Inc.	72,514		508


				Market
				Value^•
		Shares	($	000	)
*	Michael Baker Corp.	12,128		502
*	Cornell Cos. Inc.	21,621		491

*	Dollar Thrifty Automotive


	Group Inc.	18,809	482
	G&K Services Inc. Class A	19,003	478
	Ameron International Corp.	7,497	476
*	Griffon Corp.	38,628	472
	CIRCOR International Inc.	18,683	470
*	Huron Consulting Group Inc.	20,149	464
	Apogee Enterprises Inc.	32,853	460
*	Marten Transport Ltd.	25,623	460
*	TrueBlue Inc.	30,502	452
*	M&F Worldwide Corp.	11,401	450
	Dynamic Materials Corp.	21,983	441
	Applied Signal
	Technology Inc.	22,582	436
*	Tutor Perini Corp.	23,950	433
*	FuelCell Energy Inc.	113,930	428
*	Orion Marine Group Inc.	19,889	419
	American Ecology Corp.	24,441	416
	AAON Inc.	21,271	415
*	Dycom Industries Inc.	51,293	412
	Interface Inc. Class A	49,377	410
*	EnerNOC Inc.	13,377	407
*	Colfax Corp.	33,740	406
*	On Assignment Inc.	56,765	406
^{*,^}	Broadwind Energy Inc.	50,004	405
*	GeoEye Inc.	14,243	397
*	United Rentals Inc.	40,244	395
	HEICO Corp. Class A	10,879	391
	Ducommun Inc.	20,417	382
	Cascade Corp.	13,847	381
*	Celadon Group Inc.	34,555	375
	Ennis Inc.	22,309	375
	CDI Corp.	28,343	367
	International
	Shipholding Corp.	11,809	367
*	DynCorp International Inc.
	Class A	24,786	356
*	CRA International Inc.	13,235	353
	Greenbrier Cos. Inc.	33,819	351
	Heidrick & Struggles
	International Inc.	11,140	348
*	Trex Co. Inc.	17,726	347
*	Cenveo Inc.	39,080	342
	American Railcar
	Industries Inc.	30,581	337
*	Interline Brands Inc.	19,453	336
	Lindsay Corp.	8,406	335
*	China BAK Battery Inc.	118,917	331
*	H&E Equipment
	Services Inc.	31,465	330
	Bowne & Co. Inc.	48,889	327

*	APAC Customer


	Services Inc.	54,276	323
*	American Reprographics Co.	45,756	321

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Tredegar Corp.	19,501		308
*	Advanced Battery
	Technologies Inc.	76,773		307
	Gibraltar Industries Inc.	19,471		306
*	Kforce Inc.	24,373		305
	American Woodmark Corp.	15,430		304
*	Amerco Inc.	6,045		301
*	EnPro Industries Inc.	11,077		293
*	Northwest Pipe Co.	10,891		293
*	Powell Industries Inc.	9,238		291
	Standex International Corp.	14,478		291
*	Hawaiian Holdings Inc.	41,383		290
*	ICT Group Inc.	17,578		287
	Alamo Group Inc.	16,566		284
	McGrath Rentcorp	12,580		281
*	Ladish Co. Inc.	18,441		278
	Seaboard Corp.	204		275
*	RBC Bearings Inc.	11,257		274
	Steelcase Inc. Class A	42,852		273
	Graham Corp.	12,900		267
	Encore Wire Corp.	12,628		266
*	Miller Industries Inc.	23,159		263
*	Polypore International Inc.	22,083		263
*	Force Protection Inc.	48,955		255
	Diamond Management &
	Technology Consultants Inc.
	Class A	34,547		255
	John Bean Technologies Corp. 14,868			253
*	DigitalGlobe Inc.	10,413		252
*	COMSYS IT Partners Inc.	27,425		244
*	Aerovironment Inc.	8,358		243
	Aceto Corp.	46,552		240
*	School Specialty Inc.	10,033		235
*	Rush Enterprises Inc.
	Class A	19,569		233
*	LB Foster Co. Class A	7,748		231
*	Exponent Inc.	8,248		230
*	Air Transport
	Services Group Inc.	86,695		229
*	Stanley Inc.	8,302		228
	Houston Wire & Cable Co.	18,879		225
	Gorman-Rupp Co.	8,011		221
	Courier Corp.	15,462		220
*	Argon ST Inc.	10,082		219
	Tennant Co.	8,314		218
	Great Lakes Dredge &
	Dock Corp.	33,390		216
*	RSC Holdings Inc.	30,424		214
*	United Capital Corp.	8,877		211
*	Republic Airways
	Holdings Inc.	28,594		211
*	Kelly Services Inc. Class A	17,600		210
^{*,^}	Capstone Turbine Corp.	161,626		208
*	Flow International Corp.	67,513		208
	Viad Corp.	9,995		206
*	Dynamex Inc.	11,256		204


				Market
				Value^•
		Shares	($	000	)
	Titan International Inc.	24,257		197
*	American Commercial
	Lines Inc.	10,671		196
*	GP Strategies Corp.	25,900		195
	TAL International Group Inc.	14,700		194
*	Flanders Corp.	43,451		194
*	ICF International Inc.	7,116		191
*	Kratos Defense & Security
	Solutions Inc.	17,702		187
*	Columbus McKinnon Corp.	13,464		184
	LSI Industries Inc.	23,206		183
*	Harbin Electric Inc.	8,900		183
*	Herley Industries Inc.	12,997		181
	Pacer International Inc.	56,698		179
^{*,^}	Microvision Inc.	56,255		178
	NACCO Industries Inc.
	Class A	3,562		177
*	Pinnacle Airlines Corp.	25,710		177
*	Taser International Inc.	40,319		177
	Federal Signal Corp.	29,198		176
*	Active Power Inc.	159,376		175
	Barrett Business
	Services Inc.	14,235		175
*	Eagle Bulk Shipping Inc.	35,296		175
*	Commercial Vehicle
	Group Inc.	29,130		174
*	Power-One Inc.	40,101		174
*	Furmanite Corp.	43,935		167
*	Casella Waste Systems Inc.
	Class A	41,353		166
*	MYR Group Inc.	9,154		165
*	UQM Technologies Inc.	24,104		165
*	Ener1 Inc.	25,510		162
*	Team Inc.	8,564		161
*	PAM Transportation
	Services Inc.	15,285		158
*	PowerSecure
	International Inc.	21,502		155
^{*,^}	Builders FirstSource Inc.	39,526		152
*	Fuel Tech Inc.	18,500		151
	Kimball International Inc.
	Class B	16,424		140
*	Sterling Construction Co. Inc.	7,103		136
*	Lydall Inc.	25,901		135
^{*,^}	Ascent Solar
	Technologies Inc.	25,100		133
	Sauer-Danfoss Inc.	11,064		133
	Horizon Lines Inc. Class A	23,792		132
*	Kadant Inc.	8,297		132
	Sun Hydraulics Corp.	5,001		131
*	Intersections Inc.	26,006		127
^{*,^}	China Fire & Security
	Group Inc.	9,400		127
*	NN Inc.	31,792		126
*	Amrep Corp.	9,002		123
*	ExpressJet Holdings Inc.	25,542		123

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	Covenant Transportation
	Group Inc. Class A	29,175		123
	Hardinge Inc.	22,327		123
*	Spherion Corp.	21,844		123
*	LaBarge Inc.	10,000		120
*	BlueLinx Holdings Inc.	43,233		120
	Met-Pro Corp.	11,172		119
*	Hudson Highland Group Inc.	24,935		118
	Todd Shipyards Corp.	6,829		114
*	DXP Enterprises Inc.	8,744		114
*	Pike Electric Corp.	11,260		104
	Insteel Industries Inc.	7,400		96
*	Quixote Corp.	14,944		95
*	Willis Lease Finance Corp.	6,149		92
*	Saia Inc.	6,115		91
	Lawson Products Inc.	4,805		85
^{*,^}	C&D Technologies Inc.	54,659		85
*	Waste Services Inc.	9,297		85
*	Park-Ohio Holdings Corp.	14,701		83
	Multi-Color Corp.	6,796		83
	Frozen Food Express
	Industries	24,405		81
*	Vicor Corp.	8,386		78
*	Plug Power Inc.	109,686		78
*	Tecumseh Products Co.
	Class A	6,472		76
*	Thermadyne Holdings Corp.	10,400		76
*	3D Systems Corp.	6,557		74
*	SmartHeat Inc.	5,100		74
*	Innovative Solutions &
	Support Inc.	16,018		74
*	Protection One Inc.	11,226		72
*	GT Solar International Inc.	12,966		72
	HEICO Corp.	1,623		72
*	Quality Distribution Inc.	18,134		72
^{*,^}	Ocean Power
	Technologies Inc.	7,600		68
	FreightCar America Inc.	3,443		68
*	Magnetek Inc.	43,974		68
	Preformed Line
	Products Co.	1,500		66
*	LMI Aerospace Inc.	4,860		65
*	Allied Defense Group Inc.	13,400		64
*	Ceco Environmental Corp.	15,932		63
*	Astronics Corp.	7,165		61
*	K-Tron International Inc.	562		61
	LS Starrett Co. Class A	6,936		61
*	Beacon Power Corp.	122,700		61
*	Fushi Copperweld Inc.	5,739		58
*	Innerworkings Inc.	9,500		56
	Chase Corp.	4,696		55
	Schawk Inc. Class A	3,900		53
*	Metalico Inc.	10,223		50
*	PMFG Inc.	3,100		50
*	NCI Building Systems Inc.	27,194		49
*	Franklin Covey Co.	7,729		49


					Market
					Value^•
			Shares	($	000	)
*	Hill International Inc.		7,800		49
*	Energy Recovery Inc.		7,014		48
*	WCA Waste Corp.		11,166		48
*	Titan Machinery Inc.		4,100		47
^{*,^}	Akeena Solar Inc.		37,733		47
*	Innotrac Corp.		28,417		46
*	Volt Information
	Sciences Inc.		4,579		46
^{*,^}	YRC Worldwide Inc.		53,784		45
^{*,^}	Valence Technology Inc.		47,372		43
*	Perma-Fix Environmental
	Services		18,664		42
*	Ultralife Corp.		9,557		41
*	PRG-Schultz International Inc.		6,968		41
^{*,^}	Arotech Corp.		23,278		39
*	TBS International Ltd.
	Class A		5,000		37
*	Hurco Cos. Inc.		2,300		34
*	Standard Parking Corp.		1,934		31
	Sypris Solutions Inc.		10,878		31
	Standard Register Co.		5,673		29
*	Advanced Environmental
	Recycling Technologies Inc.
	Class A		78,462		25
*	TRC Cos. Inc.		7,654		23
	Eastern Co.		1,500		20
*	Wabash National Corp.		10,509		20
*	LECG Corp.		6,536		20
*	Orion Energy Systems Inc.		4,313		19
*	USA Truck Inc.		1,500		19
	Virco Manufacturing		5,113		19
^{*,^}	Document Security
	Systems Inc.		6,900		17
*	Applied Energetics Inc.		50,645		17
^{*,^}	Builders FirstSource Inc.
	Rights Exp. 1/14/2010		63,681		16
*	China Architectural
	Engineering Inc.		14,042		15
	Superior Uniform Group Inc.		1,093		11
	Omega Flex Inc.		600		8
	Twin Disc Inc.		600		6
*	Wuhan General Group
	China Inc.		2,400		5
*	AT Cross Co. Class A		907		5
*	Mesa Air Group Inc.		25,176		3
*	US Home Systems Inc.		1,157		3
*	Argan Inc.		200		3
*	Integrated Electrical
	Services Inc.		200		1
	Universal Truckload
	Services Inc.		57		1
*	BMC Industries Inc.		4,603		—
					1,330,472
Information Technology (19.3%)
	Microsoft Corp.	7,962,738			242,784
*	Apple Inc.	889,464			187,552

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	International Business
	Machines Corp.	1,301,615		170,381
*	Google Inc. Class A	240,257		148,955
*	Cisco Systems Inc.	5,726,985		137,104
	Hewlett-Packard Co.	2,369,387		122,047
	Intel Corp.	5,557,297		113,369
	Oracle Corp.	3,983,674		97,759
	QUALCOMM Inc.	1,650,534		76,354
	Visa Inc. Class A	456,798		39,952
*	EMC Corp.	2,007,369		35,069
	Texas Instruments Inc.	1,252,541		32,641
	Corning Inc.	1,543,635		29,808
*	eBay Inc.	1,089,158		25,639
	Accenture PLC Class A	609,961		25,313
	Mastercard Inc. Class A	98,004		25,087
*	Dell Inc.	1,745,780		25,069
*	Yahoo! Inc.	1,323,881		22,215
	Automatic Data
	Processing Inc.	498,688		21,354
*	Adobe Systems Inc.	521,395		19,177
	Applied Materials Inc.	1,323,884		18,455
	Motorola Inc.	2,279,691		17,690
*	Symantec Corp.	809,173		14,476
*	Juniper Networks Inc.	520,845		13,891
*	Broadcom Corp. Class A	433,348		13,629
*	Cognizant Technology
	Solutions Corp. Class A	291,381		13,200
	Western Union Co.	697,073		13,140
*	NetApp Inc.	334,083		11,489
	Tyco Electronics Ltd.	455,826		11,191
*	Marvell Technology
	Group Ltd.	523,089		10,854
*	Agilent Technologies Inc.	341,278		10,604
*	NVIDIA Corp.	544,737		10,176
	Paychex Inc.	322,839		9,892
*	Western Digital Corp.	223,481		9,867
*	Intuit Inc.	305,154		9,371
	CA Inc.	416,668		9,358
	Analog Devices Inc.	289,698		9,149
	Seagate Technology	492,056		8,951
*	Micron Technology Inc.	841,536		8,887
*	Computer Sciences Corp.	150,734		8,672
*	Salesforce.com Inc.	110,992		8,188
	Amphenol Corp. Class A	170,501		7,874
*	Citrix Systems Inc.	181,985		7,572
*	Fiserv Inc.	153,628		7,448
	Fidelity National
	Information Services Inc.	313,443		7,347
*	BMC Software Inc.	183,043		7,340
	Xerox Corp.	863,771		7,308
*	Sun Microsystems Inc.	749,391		7,022
	Xilinx Inc.	274,430		6,877
	Linear Technology Corp.	220,996		6,749
	Altera Corp.	292,492		6,619
*	SanDisk Corp.	226,013		6,552
*	McAfee Inc.	156,376		6,344


				Market
				Value^•
		Shares	($	000	)
*	Activision Blizzard Inc.	569,103		6,323
	Harris Corp.	131,872		6,271
	Maxim Integrated
	Products Inc.	304,655		6,185
	KLA-Tencor Corp.	169,924		6,144
*	Flextronics
	International Ltd.	806,759		5,897
*	Autodesk Inc.	228,740		5,812
*	Red Hat Inc.	187,156		5,783
*	Electronic Arts Inc.	322,057		5,717
*	Advanced Micro
	Devices Inc.	563,763		5,457
*	Cree Inc.	95,894		5,406
*	Affiliated Computer
	Services Inc. Class A	90,474		5,400
*	Teradata Corp.	171,047		5,376
	Microchip Technology Inc.	181,934		5,287
*	Lam Research Corp.	126,185		4,948
*	FLIR Systems Inc.	150,931		4,938
*	VeriSign Inc.	191,580		4,644
*	Avnet Inc.	150,153		4,529
*	Akamai Technologies Inc.	171,810		4,352
	Global Payments Inc.	80,366		4,329
*	F5 Networks Inc.	78,203		4,143
*	Equinix Inc.	38,398		4,076
*	LSI Corp.	647,820		3,893
	Lender Processing
	Services Inc.	95,561		3,886
*	SAIC Inc.	202,659		3,838
*	ANSYS Inc.	87,743		3,813
	National
	Semiconductor Corp.	235,007		3,610
*	ON Semiconductor Corp.	399,419		3,519
*	Hewitt Associates Inc.
	Class A	83,255		3,518
*	Arrow Electronics Inc.	118,814		3,518
*	Sybase Inc.	80,480		3,493
*	Alliance Data Systems Corp.	52,795		3,410
*	Rovi Corp.	101,465		3,234
*	Synopsys Inc.	143,376		3,194
	Broadridge Financial
	Solutions Inc.	139,583		3,149
	Jabil Circuit Inc.	181,086		3,145
*	Nuance
	Communications Inc.	200,840		3,121
*	MEMC Electronic
	Materials Inc.	223,084		3,038
*	Brocade Communications
	Systems Inc.	396,512		3,025
*	Trimble Navigation Ltd.	119,034		3,000
	Factset Research
	Systems Inc.	44,724		2,946
*	3Com Corp.	390,512		2,929
	Total System Services Inc.	166,742		2,880
*	Itron Inc.	39,832		2,691

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	Varian Semiconductor
	Equipment Associates Inc.	73,088		2,622
*	Ingram Micro Inc.	146,375		2,554
*	Dolby Laboratories Inc.
	Class A	53,120		2,535
*	AOL Inc.	107,409		2,500
*	MICROS Systems Inc.	80,308		2,492
*	CommScope Inc.	93,064		2,469
*	Rambus Inc.	99,672		2,432
*	Skyworks Solutions Inc.	170,949		2,426
	Solera Holdings Inc.	66,059		2,379
*	Tech Data Corp.	50,285		2,346
*	VistaPrint NV	40,607		2,301
*	Informatica Corp.	88,279		2,283
*	Novellus Systems Inc.	97,676		2,280
*	Atheros
	Communications Inc.	66,166		2,266
*	QLogic Corp.	118,933		2,244
*	VMware Inc. Class A	52,878		2,241
	Molex Inc. Class A	114,597		2,192
*	Tellabs Inc.	375,219		2,131
*	Polycom Inc.	83,864		2,094
*	Silicon Laboratories Inc.	42,532		2,056
*	Lexmark International Inc.
	Class A	77,950		2,025
*	Atmel Corp.	429,904		1,982
*	IAC/InterActiveCorp	95,587		1,958
*	PMC-Sierra Inc.	225,060		1,949
*	Parametric Technology Corp.	116,192		1,899
	Diebold Inc.	66,250		1,885
	Intersil Corp. Class A	122,746		1,883
*	WebMD Health Corp.	48,887		1,882
*	Teradyne Inc.	174,250		1,870
	Jack Henry & Associates Inc.	79,833		1,846
*	Concur Technologies Inc.	41,471		1,773
*	NCR Corp.	158,935		1,769
*	Sohu.com Inc.	30,645		1,755
*	JDS Uniphase Corp.	212,399		1,752
*	DST Systems Inc.	39,798		1,733
*	Compuware Corp.	237,520		1,717
*	NeuStar Inc. Class A	74,444		1,715
	National Instruments Corp.	57,958		1,707
*	TIBCO Software Inc.	175,904		1,694
*	Zebra Technologies Corp.	59,114		1,676
*	Cypress
	Semiconductor Corp.	155,186		1,639
*	Unisys Corp.	42,474		1,638
*	Cadence Design
	Systems Inc.	264,670		1,585
*	International Rectifier Corp.	71,482		1,581
^{*,^}	Palm Inc.	154,882		1,555
*	CACI International Inc.
	Class A	30,166		1,474
*	Novell Inc.	347,220		1,441
*	Microsemi Corp.	80,841		1,435
*	Arris Group Inc.	125,368		1,433


				Market
				Value^•
		Shares	($	000	)
*	Vishay Intertechnology Inc.	171,260		1,430
*	Anixter International Inc.	29,920		1,409
*	Gartner Inc.	77,042		1,390
*	Blackboard Inc.	30,354		1,378
*	MercadoLibre Inc.	26,536		1,376
*	Cybersource Corp.	66,413		1,336
*	Convergys Corp.	123,237		1,325
	ADTRAN Inc.	56,734		1,279
*	Riverbed Technology Inc.	55,538		1,276
	Plantronics Inc.	48,560		1,262
*	Veeco Instruments Inc.	38,094		1,259
*	VeriFone Holdings Inc.	75,997		1,245
*	Fairchild Semiconductor
	International Inc. Class A	123,310		1,232
*	Benchmark Electronics Inc.	64,827		1,226
*	RF Micro Devices Inc.	255,255		1,218
*	Progress Software Corp.	40,010		1,169
*	InterDigital Inc.	43,821		1,163
*	Wright Express Corp.	36,277		1,156
*	Tessera Technologies Inc.	49,232		1,146
*	Quest Software Inc.	62,142		1,143
*	Mentor Graphics Corp.	128,390		1,134
*	Genpact Ltd.	75,684		1,128
*	Blue Coat Systems Inc.	39,456		1,126
*	Plexus Corp.	39,234		1,118
*	TiVo Inc.	109,189		1,112
*	Ariba Inc.	88,590		1,109
*	FormFactor Inc.	49,796		1,084
*	Integrated Device
	Technology Inc.	167,452		1,083
*	Cymer Inc.	28,208		1,083
*	Mantech International Corp.
	Class A	21,863		1,056
*	Digital River Inc.	38,720		1,045
^{*,^}	Synaptics Inc.	34,087		1,045
*	Semtech Corp.	61,066		1,039
	Fair Isaac Corp.	48,739		1,039
	Blackbaud Inc.	43,900		1,037
*	GSI Commerce Inc.	40,058		1,017
*	JDA Software Group Inc.	39,735		1,012
*	Acxiom Corp.	75,158		1,009
*	Rackspace Hosting Inc.	48,364		1,008
*	Euronet Worldwide Inc.	45,937		1,008
*	Ciena Corp.	92,170		999
*	Comtech
	Telecommunications Corp.	28,276		991
	Power Integrations Inc.	26,445		962
*	Coherent Inc.	32,065		953
	Syntel Inc.	24,908		947
*	CommVault Systems Inc.	39,546		937
*	Tekelec	61,063		933
*	CSG Systems
	International Inc.	48,237		921
*	Viasat Inc.	28,767		914
*	AsiaInfo Holdings Inc.	30,000		914

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	j2 Global
	Communications Inc.	44,868		913
*	Emulex Corp.	83,322		908
*	TriQuint Semiconductor Inc.	151,013		906
*	Sanmina-SCI Corp.	82,043		905
*	Cavium Networks Inc.	37,677		898
*	Netlogic Microsystems Inc.	19,165		887
	Earthlink Inc.	106,086		882
*	ValueClick Inc.	86,957		880
	MAXIMUS Inc.	17,563		878
*	FEI Co.	37,549		877
*	Sapient Corp.	105,383		872
*	MicroStrategy Inc. Class A	9,248		870
*	Littelfuse Inc.	26,995		868
*	Lawson Software Inc.	130,424		867
*	Avago Technologies Ltd.	47,403		867
*	Amkor Technology Inc.	120,178		860
*	Tyler Technologies Inc.	42,696		850
*	SRA International Inc.
	Class A	43,609		833
*	ACI Worldwide Inc.	47,928		822
*	Art Technology Group Inc.	182,138		821
*	MKS Instruments Inc.	46,811		815
*	DTS Inc.	23,806		814
*	Cabot Microelectronics Corp.	24,622		812
*	Brooks Automation Inc.	94,354		810
*	Take-Two Interactive
	Software Inc.	80,488		809
*	Advanced Energy
	Industries Inc.	53,233		803
*	Hittite Microwave Corp.	19,562		797
*	EchoStar Corp. Class A	39,166		789
	Cognex Corp.	43,910		778
*	Aruba Networks Inc.	72,430		772
*	Manhattan Associates Inc.	31,859		766
*	Websense Inc.	43,717		763
*	DealerTrack Holdings Inc.	40,378		759
*	Infinera Corp.	82,762		734
*	Advent Software Inc.	18,023		734
*	Checkpoint Systems Inc.	48,034		733
*	Omnivision
	Technologies Inc.	50,397		732
*	Brightpoint Inc.	99,530		732
*	Verigy Ltd.	56,679		729
*	Scansource Inc.	26,715		713
*	Applied Micro Circuits Corp.	95,292		712
*	Bottomline Technologies Inc.	39,639		696
*	Harmonic Inc.	108,482		687
*	ATMI Inc.	36,324		676
*	ArcSight Inc.	25,924		663
*	Monolithic Power
	Systems Inc.	27,593		661
*	Epicor Software Corp.	86,241		657
*	ModusLink Global
	Solutions Inc.	69,810		657
	Black Box Corp.	23,075		654


				Market
				Value^•
		Shares	($	000	)
*	Entegris Inc.	123,530		652
*	ADC
	Telecommunications Inc.	102,810		638
*	Forrester Research Inc.	24,541		637
*	Rofin-Sinar Technologies Inc.	26,763		632
*	Adaptec Inc.	187,725		629
*	Cirrus Logic Inc.	90,487		617
	NIC Inc.	66,883		611
*	Intermec Inc.	47,403		610
^{*,^}	STEC Inc.	36,867		602
*	L-1 Identity Solutio ns Inc.	80,417		602
*	TeleTech Holdings Inc.	29,755		596
*	i2 Technologies Inc.	31,000		593
*	Echelon Corp.	49,933		577
*	DG FastChannel Inc.	20,444		571
*	Taleo Corp. Class A	24,019		565
*	Insight Enterprises Inc.	49,437		565
*	Netgear Inc.	25,919		562
	CTS Corp.	57,214		550
*	FARO Technologies Inc.	25,371		544
*	Harris Stratex Networks Inc.	78,605		543
	Cohu Inc.	37,775		527
	United Online Inc.	72,685		523
	AVX Corp.	41,244		523
*	Oclaro Inc.	348,687		513
*	EPIQ Systems Inc.	36,555		511
*	Avid Technology Inc.	39,936		510
*	Electronics for Imaging Inc.	38,785		505
*	Constant Contact Inc.	31,484		504
*	Anadigics Inc.	119,130		503
*	Rogers Corp.	16,401		497
*	Electro Scientific
	Industries Inc.	45,659		494
*	Net 1 UEPS
	Technologies Inc.	25,410		493
*	Kulicke & Soffa
	Industries Inc.	90,964		490
*	SuccessFactors Inc.	29,449		488
*	Diodes Inc.	23,694		485
*	Actel Corp.	40,665		483
*	Netscout Systems Inc.	32,677		478
*	Ceva Inc.	36,858		474
*	KVH Industries Inc.	32,029		472
	MTS Systems Corp.	16,301		468
	Pegasystems Inc.	13,733		467
*	Ebix Inc.	9,471		462
*	Sonus Networks Inc.	218,943		462
*	Knot Inc.	45,091		454
	Molex Inc.	21,054		454
	Agilysys Inc.	49,801		453
	Park Electrochemical Corp.	16,392		453
*	RealNetworks Inc.	120,642		448
*	Cogent Inc.	42,911		446
*	Multi-Fineline Electronix Inc.	15,523		440
*	Ultimate Software Group Inc.	14,816		435
*	Actuate Corp.	101,183		433

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	Axcelis Technologies Inc.	303,237		428
*	Double-Take Software Inc.	42,775		427
*	TNS Inc.	16,597		426
*	Interactive Intelligence Inc.	22,392		413
*	SolarWinds Inc.	17,700		407
*	Sycamore Networks Inc.	19,362		405
*	Anaren Inc.	26,484		399
*	Internet Capital Group Inc.	58,611		390
*	Ciber Inc.	112,590		388
*	Hypercom Corp.	121,962		387
*	SYNNEX Corp.	12,568		385
*	Comverge Inc.	33,735		379
*	Hutchinson Technology Inc.	36,235		372
*	Quantum Corp.	126,581		371
*	Computer Task Group Inc.	45,724		366
*	Zoran Corp.	32,825		363
*	Cogo Group Inc.	49,000		361
*	Acme Packet Inc.	32,715		360
*	Digi International Inc.	39,209		358
*	Imation Corp.	40,897		357
*	Cray Inc.	55,404		356
*	SAVVIS Inc.	25,154		353
*	SonicWALL Inc.	46,317		352
*	Advanced Analogic
	Technologies Inc.	89,104		351
*	Radiant Systems Inc.	32,979		343
*	Extreme Networks	117,515		337
	Bel Fuse Inc. Class B	15,679		337
*	Lattice Semiconductor Corp.	122,992		332
	Heartland Payment
	Systems Inc.	25,191		331
*	Infospace Inc.	37,825		324
*	comScore Inc.	18,468		324
*	LTX-Credence Corp.	180,861		322
*	DivX Inc.	56,604		319
*	Novatel Wireless Inc.	39,233		313
*	Kopin Corp.	74,406		311
	Electro Rent Corp.	26,803		309
*	RightNow Technologies Inc.	17,355		301
*	infoGROUP Inc.	37,322		299
*	Integrated Silicon
	Solution Inc.	52,648		297
*	Dice Holdings Inc.	45,307		297
*	Sonic Solutions Inc.	24,739		293
	Micrel Inc.	35,633		292
*	FalconStor Software Inc.	71,636		291
*	THQ Inc.	57,256		289
	Methode Electronics Inc.	32,925		286
*	Liquidity Services Inc.	28,012		282
*	Finisar Corp.	31,420		280
*	Sourcefire Inc.	10,474		280
*	IXYS Corp.	37,753		280
*	Limelight Networks Inc.	71,232		280
	Daktronics Inc.	29,888		275
	Keynote Systems Inc.	25,186		275
*	Sigma Designs Inc.	24,899		266


				Market
				Value^•
		Shares	($	000	)
*	California Micro
	Devices Corp.	56,393		266
*	Compellent Technologies Inc.	11,635		264
*	Standard Microsystems Corp.	12,640		263
*	Mercury Computer
	Systems Inc.	23,375		257
*	Global Cash Access
	Holdings Inc.	34,342		257
*	DDi Corp.	52,401		256
*	ActivIdentity Corp.	106,709		251
*	ExlService Holdings Inc.	13,560		246
*	Exar Corp.	34,490		245
*	Loral Space &
	Communications Inc.	7,630		241
*	TTM Technologies Inc.	20,797		240
*	DSP Group Inc.	41,552		234
*	NVE Corp.	5,662		234
*	Isilon Systems Inc.	34,077		234
*	Switch & Data
	Facilities Co. Inc.	11,513		233
*	EMS Technologies Inc.	16,026		232
*	Stratasys Inc.	13,400		232
*	MoneyGram
	International Inc.	80,296		231
*	Hackett Group Inc.	81,930		228
	Renaissance Learning Inc.	19,631		223
*	Emcore Corp.	206,703		221
*	BigBand Networks Inc.	62,211		214
*	Kenexa Corp.	16,286		213
*	Globecomm Systems Inc.	26,984		211
*	TeleCommunication
	Systems Inc. Class A	21,624		209
*	China Security &
	Surveillance Technology Inc.	27,396		209
*	Conexant Systems Inc.	90,185		209
	iGate Corp.	20,828		208
*	Immersion Corp.	44,631		204
*	Internap Network
	Services Corp.	41,979		197
*	Intevac Inc.	17,050		196
*	Volterra Semiconductor Corp.	9,648		184
*	Gerber Scientific In c.	36,466		184
*	Openwave Systems Inc.	80,502		184
*	FSI International Inc.	62,208		183
*	Oplink Communications Inc.	11,154		183
*	Callidus Software Inc.	60,415		182
*	OSI Systems Inc.	6,677		182
*	Maxwell Technologies Inc.	9,989		178
*	Integral Systems Inc.	20,283		176
*	Perficient Inc.	20,733		175
*	Universal Display Corp.	13,749		170
*	S1 Corp.	25,446		166
*	Chordiant Software Inc.	60,010		165
*	LaserCard Corp.	28,524		165
*	Netezza Corp.	16,838		163
	Imergent Inc.	26,593		161

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	Silicon Graphics
	International Corp.	23,021		161
*	Lionbridge Technologies Inc.	70,099		161
*	LivePerson Inc.	23,085		161
*	Newport Corp.	17,430		160
*	CalAmp Corp.	45,896		158
*	Dot Hill Systems Corp.	81,746		155
*	Virage Logic Corp.	26,890		148
*	Synchronoss
	Technologies Inc.	9,156		145
*	IPG Photonics Corp.	8,444		141
*	Nanometrics Inc.	12,155		138
*	Mindspeed
	Technologies Inc.	29,313		137
*	Ixia	18,337		136
*	Vocus Inc.	7,529		136
*	LoopNet Inc.	13,515		134
*	3PAR Inc.	11,163		132
*	Supertex Inc.	4,234		126
*	Ultratech Inc.	8,439		125
*	LoJack Corp.	30,792		124
*	Terremark Worldwide Inc.	18,078		124
*	Airvana Inc.	16,201		123
*	American Technology Corp.	82,441		122
*	MIPS Technologies Inc.
	Class A	27,892		122
*	Network Equipment
	Technologies Inc.	29,565		120
	American Software Inc.
	Class A	19,899		119
*	Move Inc.	71,496		119
*	Silicon Image Inc.	45,871		118
*	Measurement
	Specialties Inc.	11,379		114
*	PC-Tel Inc.	19,282		114
*	StarTek Inc.	15,179		114
	Technitrol Inc.	25,898		113
*	Radisys Corp.	11,734		112
	Opnet Technologies Inc.	8,782		107
*	Edgewater Technology Inc.	35,278		106
	Cass Information
	Systems Inc.	3,441		105
*	SMART Modular
	Technologies WWH Inc.	16,486		104
*	Hughes Communications Inc.	3,935		102
*	Autobytel Inc.	100,903		101
*	NetSuite Inc.	6,300		101
	Marchex Inc. Class B	19,772		100
*	ShoreTel Inc.	17,242		100
*	Silicon Storage
	Technology Inc.	38,496		99
*	VASCO Data Security
	International Inc.	15,503		97
*	Smith Micro Software Inc.	10,254		94
*	Saba Software Inc.	22,394		93
*	Pericom Semiconductor Corp.	7,966		92


				Market
				Value^•
		Shares	($	000	)
*	Authentidate Holding Corp.	84,076		88
*	Presstek Inc.	40,414		86
*	Entropic Communications Inc.	28,035		86
*	Cyberoptics Corp.	12,617		85
*	AuthenTec Inc.	37,634		83
*	Super Micro Computer Inc.	7,457		83
*	Utstarcom Inc.	37,662		82
*	Cinedigm Digital
	Cinema Corp. Class A	66,166		82
*	Spectrum Control Inc.	8,322		79
*	Seachange International Inc.	11,978		79
*	Aware Inc.	27,498		77
*	support.com Inc.	28,656		76
*	Concurrent Computer Corp.	18,716		75
*	China Information Security
	Technology Inc.	11,907		73
*	Zygo Corp.	10,741		72
*	Magma Design
	Automation Inc.	31,132		72
*	Powerwave
	Technologies Inc.	55,133		69
*	NU Horizons
	Electronics Corp.	16,256		67
*	Internet Brands Inc. Class A	8,358		65
*	Evolving Systems Inc.	10,456		65
*	Dynamics Research Corp.	6,159		65
*	Rudolph Technologies Inc.	9,446		63
*	Symmetricom Inc.	12,104		63
*	On2 Technologies Inc.	101,265		62
*	Symyx Technologies Inc.	11,194		62
*	Mattson Technology Inc.	17,005		61
*	Information Services
	Group Inc.	18,500		59
*	SRS Labs Inc.	7,958		58
*	Web.com Group Inc.	8,564		56
*	Photronics Inc.	12,399		55
*	Online Resources Corp.	10,489		55
*	PC Connection Inc.	7,935		54
	TheStreet.com Inc.	22,202		53
*	PROS Holdings Inc.	5,100		53
	Ipass Inc.��	48,300		50
*	Ness Technologies Inc.	9,900		49
*	MoSys Inc.	12,209		48
*	Geeknet Inc.	39,329		47
*	NCI Inc. Class A	1,600		44
*	Trident Microsystems Inc.	23,681		44
*	QuickLogic Corp.	20,338		43
*	GSE Systems Inc.	7,184		39
*	Planar Systems Inc.	13,595		39
*	Wave Systems Corp.
	Class A	27,132		39
*	DemandTec Inc.	4,299		38
*	PLATO Learning Inc.	8,094		35
	QAD Inc.	5,641		34
*	Transwitch Corp.	16,332		34
*	PLX Technology Inc.	10,154		33

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	Merix Corp.	13,354		33
*	Rimage Corp.	1,873		32
*	WebMediaBrands Inc.	36,066		32
*	Datalink Corp.	6,944		30
*	TechTeam Global Inc.	3,948		30
*	Analysts International Corp.	43,421		29
*	Ditech Networks Inc.	22,501		29
	Bel Fuse Inc. Class A	1,477		29
*	Phoenix Technologies Ltd.	10,207		28
*	EndWave Corp.	11,401		28
*	White Electronic
	Designs Corp.	5,637		26
*	Telular Corp.	7,011		26
*	Orbcomm Inc.	9,500		26
*	Looksmart Ltd.	24,938		25
*	RAE Systems Inc.	22,642		25
*	PAR Technology Corp.	4,300		25
	Keithley Instruments Inc.	5,060		24
*	Bsquare Corp.	9,265		23
*	Lantronix Inc.	6,945		23
*	PDF Solutions Inc.	5,752		22
*	Tollgrade
	Communications Inc.	3,588		22
*	Zhone Technologies Inc.	51,901		21
*	CPI International Inc.	1,600		21
*	Pixelworks Inc.	6,860		21
*	Rainmaker Systems Inc.	13,990		21
*	China TransInfo
	Technology Corp.	2,500		20
*	Convera Corp. Class A	81,202		20
*	ID Systems Inc.	6,074		20
*	Digital Angel Corp.	25,038		19
*	Superconductor
	Technologies Inc.	7,694		18
*	Comarco Inc.	6,117		17
*	Westell Technologies Inc.
	Class A	12,309		15
	Richardson Electronics Ltd.	2,516		15
*	Opnext Inc.	7,514		14
*	Network Engines Inc.	10,019		13
*	Parkervision Inc.	7,288		13
*	X-Rite Inc.	5,944		13
*	SCM Microsystems Inc.	5,161		12
*	Ramtron International Corp.	6,348		11
*	Techwell Inc.	800		11
*	Vertro Inc.	24,139		10
*	Transact Technologies Inc.	1,434		10
*	Digital Ally Inc.	4,500		9
*	Research Frontiers Inc.	2,434		9
*	Zix Corp.	4,904		8
*	EF Johnson
	Technologies Inc.	7,007		8
*	Elixir Gaming
	Technologies Inc.	27,761		7
*	eLoyalty Corp.	859		6
*	Nextwave Wireless Inc.	12,200		5


					Market
					Value^•
			Shares	($	000	)
	Selectica Inc.		16,188		4
*	iGO Inc.		1,228		2
*	Frequency Electronics Inc.		283		1
*	LeCroy Corp.		387		1
*	Management
	Network Group Inc.		2,896		1
*	Ikanos Communications Inc.		600		1
*	ICx Technologies Inc.		100		1
*	Wireless Telecom Group Inc.		1,279		1
*	Allen Organ Co.
	Escrow Shares		283		1
					2,364,455
Materials (3.9%)
	Monsanto Co.		542,105		44,317
*	Freeport-McMoRan
	Copper & Gold Inc.		408,949		32,835
	Dow Chemical Co.	1,135,574			31,376
	EI du Pont de
	Nemours & Co.		897,217		30,209
	Praxair Inc.		304,600		24,462
	Newmont Mining Corp.		476,465		22,542
	Air Products &
	Chemicals Inc.		208,577		16,907
	Alcoa Inc.		967,963		15,604
	Nucor Corp.		312,827		14,593
	International Paper Co.		408,580		10,942
	Ecolab Inc.		235,409		10,495
	PPG Industries Inc.		163,990		9,600
	Mosaic Co.		154,797		9,246
	Weyerhaeuser Co.		210,168		9,067
	United States Steel Corp.		142,531		7,856
	Vulcan Materials Co.		124,326		6,548
	Sigma-Aldrich Corp.		121,239		6,126
	Cliffs Natural Resources Inc.		130,345		6,008
*	Owens-Illinois Inc.		167,383		5,502
	Lubrizol Corp.		67,326		4,911
	MeadWestvaco Corp.		170,108		4,870
	Ball Corp.		88,895		4,596
	Celanese Corp. Class A		142,705		4,581
	Eastman Chemical Co.		72,273		4,354
	CF Industries Holdings Inc.		45,810		4,159
*	Crown Holdings Inc.		159,213		4,073
	Walter Energy Inc.		52,648		3,965
	Martin Marietta
	Materials Inc.		44,308		3,962
	Allegheny Technologies Inc.		87,700		3,926
	FMC Corp.		68,791		3,836
	Nalco Holding Co.		137,502		3,508
	Airgas Inc.		73,361		3,492
	Sealed Air Corp.		158,360		3,462
	Steel Dynamics Inc.		192,617		3,413
	International Flavors &
	Fragrances Inc.		78,730		3,239
	Terra Industries Inc.		99,683		3,209
	Bemis Co. Inc.		107,673		3,192
*	Pactiv Corp.		131,482		3,174

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	Sonoco Products Co.	99,367		2,906
	Reliance Steel &
	Aluminum Co.	65,712		2,840
	Ashland Inc.	70,645		2,799
	Albemarle Corp.	72,991		2,655
	RPM International Inc.	129,039		2,623
	Valspar Corp.	94,876		2,575
	Aptargroup Inc.	67,696		2,419
	Packaging Corp.
	of America	102,651		2,362
	AK Steel Holding Corp.	109,502		2,338
*	Domtar Corp.	41,700		2,311
	Compass Minerals
	International Inc.	32,518		2,185
	Temple-Inland Inc.	100,487		2,121
	Huntsman Corp.	166,835		1,884
	Rock-Tenn Co. Class A	36,617		1,846
*	WR Grace & Co.	72,201		1,830
	Royal Gold Inc.	38,641		1,820
	Scotts Miracle-Gro Co.
	Class A	45,833		1,802
	Cytec Industries Inc.	48,523		1,767
	Commercial Metals Co.	112,818		1,766
	Cabot Corp.	65,087		1,707
	Silgan Holdings Inc.	26,889		1,556
*	Solutia Inc.	119,498		1,518
*	Titanium Metals Corp.	117,641		1,473
*	Hecla Mining Co.	236,937		1,464
	NewMarket Corp.	12,147		1,394
	Olin Corp.	78,605		1,377
*	Coeur d’Alene Mines Corp.	75,679		1,367
	Greif Inc. Class A	24,454		1,320
*	Intrepid Potash Inc.	44,742		1,305
	Sensient Technologies Corp.	48,920		1,287
	Schweitzer-Mauduit
	International Inc.	17,549		1,235
	Carpenter Technology Corp.	43,722		1,178
	HB Fuller Co.	48,625		1,106
	Eagle Materials Inc.	41,349		1,077
	Schnitzer Steel Industries Inc.	22,135		1,056
*	Rockwood Holdings Inc.	44,618		1,051
	Arch Chemicals Inc.	34,007		1,050
	Minerals Technologies Inc.	19,012		1,036
*	OM Group Inc.	30,682		963
*	Allied Nevada Gold Corp.	62,463		942
*	Century Aluminum Co.	58,114		941
	Balchem Corp.	26,386		884
	AMCOL International Corp.	30,784		875
*	Louisiana-Pacific Corp.	124,400		868
	Texas Industries Inc.	24,039		841
	Worthington Industries Inc.	63,407		829
*	Calgon Carbon Corp.	53,602		745
*	RTI International Metals Inc.	28,409		715
*	Buckeye Technologies Inc.	63,535		620
	Ferro Corp.	75,121		619


				Market
				Value^•
		Shares	($	000	)
*	Clearwater Paper Corp.	11,234		618
	Glatfelter	49,041		596
*	Brush Engineered
	Materials Inc.	29,625		549
	Koppers Holdings Inc.	17,995		548
*	Graphic Packaging
	Holding Co.	149,571		519
	Kaiser Aluminum Corp.	10,901		454
	Deltic Timber Corp.	9,556		441
	Innophos Holdings Inc.	18,709		430
	American Vanguard Corp.	51,614		428
*	PolyOne Corp.	56,660		423
*	Stillwater Mining Co.	38,336		363
*	US Energy Corp. Wyoming	59,038		350
	Westlake Chemical Corp.	13,796		344
	A Schulman Inc.	16,922		341
	Stepan Co.	5,267		341
	Neenah Paper Inc.	23,778		332
	AM Castle & Co.	23,627		323
	Zep Inc.	18,632		323
*	Headwaters Inc.	49,154		320
	Myers Industries Inc.	34,683		316
*	Omnova Solutions Inc.	49,972		306
*	Horsehead Holding Corp.	23,554		300
	Olympic Steel Inc.	9,204		300
	Haynes International Inc.	8,633		285
	Wausau Paper Corp.	24,064		279
	Hawkins Inc.	11,452		250
*	Zoltek Cos. Inc.	26,084		248
	Spartech Corp.	24,140		248
	Innospec Inc.	24,208		244
	Quaker Chemical Corp.	10,875		224
*	Landec Corp.	34,836		217
*	General Moly Inc.	96,245		200
*	US Gold Corp.	63,862		158
*	Mercer International Inc.	49,123		151
*	LSB Industries Inc.	10,487		148
*	China Green Agriculture Inc.	9,400		138
*	AEP Industries Inc.	3,419		131
^{*,^}	Altair Nanotechnologies Inc.	140,448		124
*	Bway Holding Co.	5,722		110
	Penford Corp.	10,007		87
*	Boise Inc.	15,652		83
*	Ampal American Israel
	Class A	30,549		82
*	US Concrete Inc.	82,936		75
*	American Pacific Cor p.	9,521		74
^{*,^}	Flotek Industries Inc.	48,352		65
*	General Steel Holdings Inc.	14,370		63
*	Universal Stainless & Alloy	3,011		57
*	Nanophase
	Technologies Corp.	45,851		40
*	Georgia Gulf Corp.	1,935		34
	ICO Inc.	4,163		30
*	China Precision Steel Inc.	14,137		29

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
*	China Direct Industries Inc.	23,899		28
*	United States Lime &
	Minerals Inc.	600		21
*	ADA-ES Inc.	3,100		19
*	Senomyx Inc.	4,700		18
*	Verso Paper Corp.	2,500		7
				478,637
Telecommunication Services (2.9%)
	AT&T Inc.	5,858,161		164,204
	Verizon
	Communications Inc.	2,820,519		93,444
*	American Tower Corp.
	Class A	392,021		16,939
*	Crown Castle
	International Corp.	289,450		11,300
	CenturyTel Inc.	295,467		10,699
*	Sprint Nextel Corp.	2,890,619		10,580
	Qwest Communications
	International Inc.	1,543,152		6,497
*	NII Holdings Inc.	165,194		5,547
	Windstream Corp.	434,960		4,780
*	SBA Communications
	Corp. Class A	104,305		3,563
	Telephone & Data
	Systems Inc.	89,306		3,029
*	tw telecom inc Class A	149,106		2,556
*	Level 3
	Communications Inc.	1,628,680		2,492
	Frontier
	Communications Corp.	311,826		2,435
*	MetroPCS
	Communications Inc.	247,277		1,887
*	Syniverse Holdings Inc.	65,055		1,137
*	Leap Wireless
	International Inc.	61,587		1,081
*	Cincinnati Bell Inc.	249,712		861
	Atlantic Tele-Network Inc.	14,340		789
*	United States Cellular Corp.	18,477		784
	NTELOS Holdings Corp.	34,231		610
*	AboveNet Inc.	8,559		557
*	Neutral Tandem Inc.	21,849		497
*	Premiere Global
	Services Inc.	58,706		484
	Alaska Communications
	Systems Group Inc.	56,014		447
	Shenandoah
	Telecommunications Co.	21,717		442
*	Cogent Communications
	Group Inc.	40,662		401
	Consolidated
	Communications
	Holdings Inc.	22,508		394
*	Cbeyond Inc.	20,336		320
*	PAETEC Holding Corp.	72,817		302


				Market
				Value^•
		Shares	($	000	)
	Iowa Telecommunications
	Services Inc.	17,711		297
*	General Communication Inc.
	Class A	45,071		288
*	Global Crossing Ltd.	20,176		287
	Telephone & Data
	Systems Inc.-
	Special Common Shares	7,633		231
	USA Mobility Inc.	20,773		229
	HickoryTech Corp.	22,563		199
*	Vonage Holdings Corp.	121,632		170
*	8x8 Inc.	70,343		106
*	Arbinet Corp.	42,059		104
*	SureWest
	Communications	9,822		98
*	ICO Global
	Communications
	Holdings Ltd.	74,963		81
*	TerreStar Corp.	82,047		77
*	FiberTower Corp.	16,179		68
*	IDT Corp. Class B	9,967		48
*	IDT Corp.	552		2
				351,343
Utilities (3.8%)
	Exelon Corp.	654,357		31,979
	Southern Co.	790,452		26,338
	Dominion Resources Inc.	591,151		23,008
	Duke Energy Corp.	1,287,701		22,161
	FPL Group Inc.	388,200		20,505
	Public Service
	Enterprise Group Inc.	502,556		16,710
	American Electric
	Power Co. Inc.	473,587		16,476
	PG&E Corp.	368,276		16,444
	Entergy Corp.	194,419		15,911
	FirstEnergy Corp.	303,062		14,077
	Sempra Energy	231,517		12,960
	Consolidated Edison Inc.	273,128		12,408
	PPL Corp.	374,225		12,091
	Progress Energy Inc.	277,557		11,383
	Edison International	307,799		10,705
	Xcel Energy Inc.	453,079		9,614
*	AES Corp.	663,308		8,829
	Questar Corp.	173,250		7,202
	DTE Energy Co.	163,663		7,134
	Ameren Corp.	232,172		6,489
	Constellation Energy
	Group Inc.	179,612		6,317
*	NRG Energy Inc.	263,929		6,231
	Wisconsin Energy Corp.	116,127		5,787
	EQT Corp.	123,772		5,436
	CenterPoint Energy Inc.	365,729		5,307
	Northeast Utilities	174,420		4,498
	Oneok Inc.	99,513		4,435
	SCANA Corp.	115,850		4,365

Institutional Total Stock Market Index Fund


				Market
				Value^•
		Shares	($	000	)
	NiSource Inc.	273,756		4,210
	MDU Resources
	Group Inc.	173,847		4,103
	Allegheny Energy Inc.	168,675		3,961
	NSTAR	106,443		3,917
	American Water
	Works Co. Inc.	173,839		3,896
*	Calpine Corp.	351,340		3,865
	Pepco Holdings Inc.	219,702		3,702
	Pinnacle West Capital Corp.	100,499		3,676
	National Fuel Gas Co.	72,055		3,603
	CMS Energy Corp.	228,226		3,574
	OGE Energy Corp.	95,966		3,540
	Alliant Energy Corp.	109,926		3,326
	TECO Energy Inc.	202,406		3,283
	Integrys Energy Group Inc.	76,001		3,191
	DPL Inc.	115,189		3,179
	Energen Corp.	67,767		3,172
	NV Energy Inc.	233,124		2,886
	AGL Resources Inc.	77,151		2,814
	Atmos Energy Corp.	91,721		2,697
	Great Plains Energy Inc.	135,211		2,622
	UGI Corp.	107,830		2,608
	ITC Holdings Corp.	49,740		2,591
	Aqua America Inc.	135,379		2,371
	Westar Energy Inc.	108,508		2,357
*	Mirant Corp.	144,925		2,213
*	RRI Energy Inc.	350,305		2,004
	Piedmont Natural
	Gas Co. Inc.	73,682		1,971
	Hawaiian Electric
	Industries Inc.	91,873		1,920
	Vectren Corp.	77,277		1,907
	Nicor Inc.	44,926		1,891
	WGL Holdings Inc.	50,199		1,684
	Cleco Corp.	60,823		1,662
	New Jersey
	Resources Corp.	41,896		1,567
	Portland General Electric Co.	75,290		1,537
	IDACORP Inc.	47,298		1,511
	Southwest Gas Corp.	44,624		1,273
	Northwest Natural Gas Co.	26,434		1,191
	Avista Corp.	54,377		1,174
	Unisource Energy Corp.	36,123		1,163
	South Jersey Industries Inc.	29,701		1,134
	PNM Resources Inc.	86,354		1,092


				Market
				Value^•
		Shares	($	000	)
	Black Hills Corp.	38,580		1,027
	Allete Inc.	28,818		942
	NorthWestern Corp.	35,885		934
*	El Paso Electric Co.	45,147		916
*	Dynegy Inc. Class A	502,998		910
	Laclede Group Inc.	25,062		846
	MGE Energy Inc.	22,995		822
	Ormat Technologies Inc.	20,562		778
	UIL Holdings Corp.	26,952		757
	American States Water Co.	20,109		712
	California Water
	Service Group	18,768		691
	CH Energy Group Inc.	15,832		673
	Empire District Electric Co.	33,018		619
	Connecticut Water
	Service Inc.	17,283		428
	SJW Corp.	17,108		386
	Central Vermont
	Public Service Corp.	14,906		310
	Southwest Water Co.	51,788		305
	Chesapeake Utilities Corp.	8,911		286
	Consolidated Water Co. Ltd.	11,813		169
*	Cadiz Inc.	13,055		156
	Maine & Maritimes Corp.	3,424		119
	Middlesex Water Co.	6,752		119
*	China Natural Gas Inc.	3,800		42
	Unitil Corp.	1,343		31
	York Water Co.	1,850		27
*	Synthesis Energy
	Systems Inc.	15,100		14
	Artesian Resources Corp.
	Class A	619		11
	Pennichuck Corp.	102		2
*	Purecycle Corp.	100		—
				463,870
Total Common Stocks
(Cost $12,470,323)				12,149,713
Convertible Preferred Stock (0.0%)
Consumer Discretionary (0.0%)
2	Sealy Corp., 8.000%
	(Cost $55)	430		37
Temporary Cash Investments (1.0%)¹
Money Market Fund (0.9%)
3,4	Vanguard Market
	Liquidity Fund, 0.187%	110,261,835		110,262

Institutional Total Stock Market Index Fund


			Face			Market
			Amount			Value^•
		($	000	)	($	000	)
U.S. Government and Agency Obligations (0.1%)
5,6	Fannie Mae
	Discount Notes,
	0.200%, 2/24/10		3,000			2,999
5,6	Federal Home Loan
	Bank Discount Notes,
	0.275%, 2/19/10		3,000			3,000
						5,999
Total Temporary Cash Investments
(Cost $116,260)						116,261
Total Investments (100.4%)
(Cost $12,586,638)						12,266,011
Other Assets and Liabilities (-0.4%)
Other Assets						35,804
Liabilities⁴						(81,502	)
						(45,698	)
Net Assets (100%)						12,220,313


At December 31, 2009, net assets consisted of:
		Amount
	($	000	)
Paid-in Capital		12,947,331
Undistributed Net Investment Income		1,838
Accumulated Net Realized Losses		(408,730	)
Unrealized Appreciation (Depreciation)
Investment Securities		(320,627	)
Futures Contracts		501
Net Assets		12,220,313


Institutional Shares—Net Assets
Applicable to 68,539,814 outstanding
$.001 par value shares of beneficial
interest (unlimited authorization)		1,699,998
Net Asset Value Per Share—
Institutional Shares	$	24.80


Institutional Plus Shares—Net Assets
Applicable to 424,104,077 outstanding
$.001 par value shares of beneficial
interest (unlimited authorization)		10,520,315
Net Asset Value Per Share—
Institutional Plus Shares	$	24.81

• See Note A in Notes to Financial Statements. * Non-income-producing security.

^ Part of security position is on loan to broker-dealers. The total value of securities on loan is $29,466,000.

2 Non-income-producing security—new issue that has not paid a dividend as of December 31, 2009.

3 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.

4 Includes $32,811,000 of collateral received for securities on loan.

5 The issuer operates under a congressional charter; its securities are not backed by the full faith and credit of the U.S. government.

6 Securities with a value of $5,999,000 have been segregated as initial margin for open futures contracts.

REIT—Real Estate Investment Trust.

See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Total Stock Market Index Fund


Statement of Operations

		Year Ended
		December 31, 2009
	($	000	)
Investment Income
Income
Dividends		222,426
Interest¹		319
Security Lending		6,345
Total Income		229,090
Expenses
The Vanguard Group—Note B
Management and Administrati ve—Institutional Shares		728
Management and Administrative—Institutional Plus Shares		1,984
Total Expenses		2,712
Net Investment Income		226,378
Realized Net Gain (Loss)
Investment Securities Sold		(139,699	)
Futures Contracts		16,845
Realized Net Gain (Loss)		(122,854	)
Change in Unrealized Appreciation (Depreciation)
Investment Securities		2,713,666
Futures Contracts		(3,052	)
Change in Unrealized Appreciation (Depreciation)		2,710,614
Net Increase (Decrease) in Net Assets Resulting from Operations		2,814,138
1 Interest income from an affiliated company of the fund was $243,000.




See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Total Stock Market Index Fund


Statement of Changes in Net Assets

		Year Ended December 31,
		2009			2008
	($	000	)	($	000	)
Increase (Decrease) in Net Assets
Operations
Net Investment Income		226,378			197,362
Realized Net Gain (Loss)		(122,854	)		(175,332	)
Change in Unrealized Appreciation (Depreciation)		2,710,614			(4,021,956	)
Net Increase (Decrease) in Net Assets Resulting from Operations		2,814,138			(3,999,926	)
Distributions
Net Investment Income
Institutional Shares		(37,609	)		(29,244	)
Institutional Plus Shares		(188,293	)		(168,295	)
Realized Capital Gain
Institutional Shares		—			—
Institutional Plus Shares		—			—
Total Distributions		(225,902	)		(197,539	)
Capital Share Transactions
Institutional Shares		66,331			465,565
Institutional Plus Shares		1,829,292			1,597,986
Net Increase (Decrease) from Capital Share Transactions		1,895,623			2,063,551
Total Increase (Decrease)		4,483,859			(2,133,914	)
Net Assets
Beginning of Period		7,736,454			9,870,368
End of Period¹		12,220,313			7,736,454
1 Net Assets—End of Period includes undistributed net investment income of $1,838,000 and $1,362,000.

See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Total Stock Market Index Fund


Financial Highlights


Institutional Shares

For a Share Outstanding								Year Ended December 31,
Throughout Each Period		2009			2008			2007			2006			2005
Net Asset Value, Beginning of Period	$	19.68		$	31.89		$	30.71		$	27.00		$	25.83
Investment Operations
Net Investment Income		.483			.550			.547			.501			.398
Net Realized and Unrealized Gain (Loss)
on Investments		5.120			(12.208	)		1.179			3.710			1.169
Total from Investment Operations		5.603			(11.658	)		1.726			4.211			1.567
Distributions
Dividends from Net Investment Income		(.483	)		(.552	)		(.546	)		(.501	)		(.397	)
Distributions from Realized Capital Gains		—			—			—			—			—
Total Distributions		(.483	)		(.552	)		(.546	)		(.501	)		(.397	)
Net Asset Value, End of Period	$	24.80		$	19.68		$	31.89		$	30.71		$	27.00

Total Return		28.84	%		-36.90	%		5.60	%		15.74	%		6.14	%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$	1,700		$	1,106		$	1,271		$	939		$	129
Ratio of Total Expenses to
Average Net Assets		0.045	%		0.045	%		0.045	%		0.045	%		0.050	%
Ratio of Net Investment Income to
Average Net Assets		2.36	%		2.12	%		1.81	%		1.81	%		1.77	%
Portfolio Turnover Rate¹		13	%		13	%		10	%		8	%		21	%²

1	Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares.
2	Includes activity related to a change in the fund’s target index.

See accompanying Notes, which are an integral part of the Financial Statements.


Institutional Total Stock Market Index Fund


Financial Highlights


Institutional Plus Shares

For a Share Outstanding								Year Ended December 31,
Throughout Each Period		2009			2008			2007			2006			2005
Net Asset Value, Beginning of Period	$	19.68		$	31.89		$	30.71		$	27.00		$	25.83
Investment Operations
Net Investment Income		.487			.556			.553			.506			.404
Net Realized and Unrealized Gain (Loss)
on Investments		5.130			(12.209	)		1.179			3.710			1.169
Total from Investment Operations		5.617			(11.653	)		1.732			4.216			1.573
Distributions
Dividends from Net Investment Income		(.487	)		(.557	)		(.552	)		(.506	)		(.403	)
Distributions from Realized Capital Gains		—			—			—			—			—
Total Distributions		(.487	)		(.557	)		(.552	)		(.506	)		(.403	)
Net Asset Value, End of Period	$	24.81		$	19.68		$	31.89		$	30.71		$	27.00

Total Return		28.92	%		-36.89	%		5.62	%		15.76	%		6.17	%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$	10,520		$	6,631		$	8,599		$	4,615		$	3,587
Ratio of Total Expenses to
Average Net Assets		0.025	%		0.025	%		0.025	%		0.025	%		0.025	%
Ratio of Net Investment Income to
Average Net Assets		2.38	%		2.14	%		1.83	%		1.83	%		1.80	%
Portfolio Turnover Rate¹		13	%		13	%		10	%		8	%		21	%²

1	Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares.
2	Includes activity related to a change in the fund’s target index.

See accompanying Notes, which are an integral part of the Financial Statements.

Institutional Total Stock Market Index Fund

Notes to Financial Statements

Vanguard Institutional Total Stock Market Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers two classes of shares, Institutional Shares and Institutional Plus Shares, to investors who invest minimum amounts of $100 million and $200 million, respectively.

A. The following significant accounting policies conform to generally accepted accounting principles for

U.S. mutual funds. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked pric es. Securities for which market quotations are not readily availabl e, or whose values have been materially affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are value d at that fund’s net asset value. Temporary cash investments acquired over 60 days to maturity are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Other temporary cash investments are valued at amortized cost, which approximates market value.

4. Distributions: Distributions to shareholders are recorded on the ex-dividend date.

Institutional Total Stock Market Index Fund

B. The Vanguard Group provides investment advisory, corpo rate management, administrative, marketing, and distribution services and pays for all other operating expenses, except for taxes, in return for a fee calculated at an annual percentage rate of the average net assets of the fund, or, for shareholder services, each class of shares. The fund’s trustees and officers are also directors and officers of Vanguard.

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including qu oted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments).

The following table summarizes the fund’s investments as of December 31, 2009, based on the inputs used to value them:


		Level 1			Level 2			Level 3
Investments	($	000	)	($	000	)	($	000	)
Common Stocks		12,149,659			25			29
Convertible Preferred Stocks		37			—			—
Temporary Cash Investments		110,262			5,999			—
Futures Contracts—Liabilities¹		(660	)		—			—
Total		12,259,298			6,024			29
1 Represents variation margin on the last day of the reporting period.

The following table summarizes changes in investments valued based on Level 3 inputs during the year ended December 31, 2009:


		Investments in
		Common Stocks
Amount Valued Based on Level 3 Inputs	($	000	)
Balance as of December 31, 2008		—
Transfers into Level 3		45
Change in Unrealized Appreciation (Depreciation)		(16	)
Balance as of December 31, 2009		29

Institutional Total Stock Market Index Fund

D. At December 31, 2009, the aggregate settlement value of open futures contracts and the related unrealized appreciation (deprecia tion) were:


				($	000	)
		Number of	Aggregate		Unrealized
		Long (Short)	Settlement		Appreciation
Futures Contracts	Expiration	Contracts	Value		(Depreciation)
S&P 500 Index	March 2010	98	27,212		139
E-mini S&P 500 Index	March 2010	455	25,268		75
Russell 2000 Mini Index	March 2010	138	8,610		246
S&P MidCap 400 Index	March 2010	6	2,175		41

Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

For tax purposes, at December 31, 2009, the fund had $1,838,000 of ordinary income available for distribution. The fund had available capital loss carryforwards totaling $389,387,000 to offset future net capital gains of $26,053,000 through December 31, 2010, $44,357,000 through December 31, 2011, $5,005,000 through December 31, 2012, $9,611,000 through December 31, 2013, $96,976,000 through December 31, 2016, and $207,385,000 through December 31, 2017. In addition, the fund realized losses of $8,450,000 during the period from November 1, 2009, through December 31, 2009, which are deferred and will be treated as realized for tax purposes in fiscal 2010.

At December 31, 2009, the cost of investment sec urities for tax purposes was $12,597,030,000. Net unrealized depreciation of investment securities for tax purposes was $331,019,000, consisting of unrealized gains of $1,361,978,000 on securities that had risen in value since their purchase and $1,692,997,000 in unrealized losses on securities that had fallen in value since their purchase.

Institutional Total Stock Market Index Fund

F. During the year ended December 31, 2009, the fund purchased $3,162,562,000 of investment securities and sold $1,227,607,000 of investment securities, other than temporary cash investments.


G. Capital share transactions for each class of shares w ere:
							Year Ended December 31,
				2009					2008
		Amount		Shares			Amount		Shares
	($	000	)	(000	)	($	000	)	(000	)
Institutional Shares
Issued		616,126		36,199			620,253		22,203
Issued in Lieu of Cash Distributions		35,139		1,632			26,476		1,072
Redeemed		(584,934	)	(25,497	)		(181,164	)	(6,927	)
Net Increase (Decrease)—Institutional Shares		66,331		12,334			465,565		16,348
Institutional Plus Shares
Issued		3,248,471		159,817			3,068,668		128,801
Issued in Lieu of Cash Distributions		164,499		7,560			156,894		6,415
Redeemed		(1,583,678	)	(80,238	)		(1,627,576	)	(67,899	)
Net Increase (Decrease)—Institutional Plus Shares		1,829,292		87,139			1,597,986		67,317

Report of Independent Registered Public Accounting Firm

To the Trustees of Vanguard Institutional Index Funds and the Shareholders of Vanguard Institutional

Total Stock Market Index Fund:

In our opinion, the accompanying statement of net a ssets and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Vanguard Institutional Total Stock Market Index Fund (constituting a separate portfolio of Vanguard Institutional Index Funds, hereafter referred to as the “Fund”) at December 31, 2009, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended and the finan cial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America.

These financial statements and financial highlights (hereafter referred to as “financial statements”) are the responsibility of the Fund’s management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by manageme nt, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at December 31, 2009 by correspondence with the custodian and broker and by agreement to the underlying ownership records of Vanguard Market Liquidity Fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania

February 10, 2010

Special 2009 tax information (unaudited) for Vanguard Institutional Total Stock Market Index Fund

This information for the fiscal year ended December 31, 2009, is included pursuant to provisions of the Internal Revenue Code.

The fund distributed $213,545,000 of qualified dividend income to shareholders during the fiscal year.

For corporate shareholders, 92.6% of investment income (dividend income plus short-term gains, if any) qualifies for the dividends-received deduction.

About Your Fund’s Expenses

The accompanying table illustrates your fund’s costs in two ways:


Six Months Ended December 31, 2009
		Beginning		Ending		Expenses
		Account Value		Account Value		Paid During
Institutional Total Stock Market Index Fund		6/30/2009		12/31/2009		Period
Based on Actual Fund Return
Institutional Shares	$	1,000.00	$	1,234.05	$	0.25
Institutional Plus Shares		1,000.00		1,234.04		0.14
Based on Hypothetical 5% Yearly Return
Institutional Shares	$	1,000.00	$	1,024.98	$	0.23
Institutional Plus Shares		1,000.00		1,025.08		0.13

The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.045% for Institutional Shares and 0.025% for Institutional Plus Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period.

Glossary

Earnings Growth Rate. The average annual rate of growth in earnings over the past five years for the stocks now in a fund.

Equity Exposure. A measure that reflects a fund’s investments in stocks and stock futures. Any holdings in short-term reserves are excluded.

Expense Ratio. The percentage of a fund’s average net assets used to pay its annual administrative and advisory expenses. These expenses directly reduce returns to investors.

Foreign Holdings. The percentage of a fund represented by stocks or depositary receipts of companies based outside the United States.

Price/Book Ratio. The share price of a stock divided by its net worth, or book value, per share. For a fund, the weighted average price/book ratio of the stocks it holds.

Short-Term Reserves. The percentage of a fund invested in highly liquid, short-term securities that can be readily converted to cash.

The People Who Govern Your Fund

Interested Trustee¹

F. William McNabb III

Independent Trustees

Emerson U. Fullwood

Born 1948. Trustee Since January 2008. Principal

Occupation(s) During the Past Five Years: Executive Chief Staff and Marketing Officer for North America and Corporate Vice President (retired 2008) of Xerox Corporation (photocopiers and printers); Director of SPX Corporation (multi-industry manufacturing), the United Way of Rochester, the Boy Scouts of America, Amerigroup Corporation (direct health and medical insurance carriers), and Monroe Community College Foundation.

Rajiv L. Gupta

Amy Gutmann

Born 1949. Trustee Since June 2006. Principal

Occupation(s) During the Past Five Years: President of the University of Pennsylvania; Christopher H. Browne Distinguished Professor of Political Science in the School of Arts and Sciences with secondary appointments at the Annenberg School for Communication and the Graduate School of Education of the University of Pennsylvania; Director of Carnegie Corporation of New York, Schuylkill River Development Corporation, and Greater Philadelphia Chamber of Commerce; Trustee of the National Constitution Center.

JoAnn Heffernan Heisen

Institute; Member of the Advisory Board of the Maxwell School of Citizenship and Public Affairs at Syracuse Uni versity.

F. Joseph Loughrey

André F. Perold

Alfred M. Rankin, Jr.

Peter F. Volanakis

Executive Officers

Thomas J. Higgins

Kathryn J. Hyatt

Heidi Stam

Vanguard Senior Management Team

R. Gregory Barton
Mortimer J. Buckley
Kathleen C. Gubanich
Paul A. Heller

Michael S. Miller
James M. Norris
Glenn W. Reed
George U. Sauter

Chairman Emeritus and Senior Advisor

John J. Brennan

Chairman, 1996–2009

Chief Executive Officer and President, 1996–2008

Founder

John C. Bogle

Chairman and Chief Executive Officer, 1974–1996

1 Mr. McNabb is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds.

2 December 2002 for Vanguard Equity Income Fund, Vanguard Growth Equity Fund, the Vanguard Municipal Bond Funds, and the Vanguard State Tax-Exempt Funds.

P.O. Box 2600
Valley Forge, PA 19482-2600

Connect with Vanguard® > www.vanguard.com

Fund Information > 800-662-7447

Direct Investor Account Services > 800-662-2739

Institutional Investor Services > 800-523-1036

Text Telephone for People With Hearing Impairment > 800-749-7273

This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.

All comparative mutual fund data are from Lipper Inc. or Morningstar, Inc., unless otherwise noted.

You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting our website, www.vanguard.com, and searching for “proxy voting guidelines,” or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, www.sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either www.vanguard.com or www.sec.gov.

You can review and copy information about your fund at the SEC’s Public Reference Room in Washington, D.C. To find out more about this public service, call the SEC at 202-551-8090. Information about your fund is also available on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request in either of two ways: via e-mail addressed to publicinfo@sec.gov or via regular mail addressed to the Public Reference Section, Securities and Exchange Commission, Washington, DC 20549-1520.

The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities. For any such funds or securities, the prospectus or the Statement of Additional Information contains a more detailed description of the limited relationship MSCI has with The Vanguard Group and any related funds.

Vanguard Marketing Corporation, Distributor.

Q8710 022010

Item 2: Code of Ethics. The Registrant has adopted a code of ethics that applies to the Registrant’s principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions. The Code of Ethics was amended during the reporting period covered by this report to make certain technical, non-material changes.

Item 3: Audit Committee Financial Expert. The following members of the Audit Committee have been determined by the Registrant’s Board of Trustees to be Audit Committee Financial Experts serving on its Audit Committee, and to be independent: Charles D. Ellis, Rajiv L. Gupta, JoAnn Heffernan Heisen, André F. Perold, and Alfred M. Rankin, Jr.

Item 4: Principal Accountant Fees and Services.

(a) Audit Fees.

Audit Fees of the Registrant

Fiscal Year Ended December 31, 2009: $67,500

Fiscal Year Ended December 31, 2008: $64,000

Aggregate Audit Fees of Registered Investment Companies in the Vanguard Group.

Fiscal Year Ended December 31, 2009: $3,354,640

Fiscal Year Ended December 31, 2008: $3,055,590

(b) Audit-Related Fees.

Fiscal Year Ended December 31, 2009: $876,210

Fiscal Year Ended December 31, 2008: $626,240

Includes fees billed in connection with assurance and related services provided to the Registrant, The Vanguard Group, Inc., Vanguard Marketing Corporation, and other registered investment companies in the Vanguard Group.

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Fiscal Year Ended December 31, 2009: $423,070

Fiscal Year Ended December 31, 2008: $230,400

Includes fees billed in connection with tax compliance, planning and advice services provided to the Registrant, The Vanguard Group, Inc., Vanguard Marketing Corporation, and other registered investment companies in the Vanguard Group and related to income and excise taxes.

(d) All Other Fees.

Fiscal Year Ended December 31, 2009: $0

Fiscal Year Ended December 31, 2008: $0

Includes fees billed for services related to risk management and privacy matters. Services were provided to the Registrant, The Vanguard Group, Inc., Vanguard Marketing Corporation, and other registered investment companies in the Vanguard Group.

(e) (1) Pre-Approval Policies. The policy of the Registrant’s Audit Committee is to consider and, if appropriate, approve before the principal accountant is engaged for such services, all specific audit and non-audit services provided to: (1) the Registrant; (2) The Vanguard Group, Inc.; (3) other entities controlled by The Vanguard Group, Inc. that provide ongoing services to the Registrant; and (4) other registered investment companies in the Vanguard Group. In making a determination, the Audit Committee considers whether the services are consistent with maintaining the principal accountant’s independence.

In the event of a contingency situation in which the principal accountant is needed to provide services in between scheduled Audit Committee meetings, the Chairman of the Audit Committee would be called on to consider and, if appropriate, pre-approve audit or permitted non-audit services in an amount sufficient to complete services through the next Audit Committee meeting, and to determine if such services would be consistent with maintaining the accountant’s independence.

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At the next scheduled Audit Committee meeting, services and fees would be presented to the Audit Committee for formal consideration, and, if appropriate, approval by the entire Audit Committee. The Audit Committee would again consider whether such services and fees are consistent with maintaining the principal accountant’s independence.

The Registrant’s Audit Committee is informed at least annually of all audit and non-audit services provided by the principal accountant to the Vanguard complex, whether such services are provided to: (1) the Registrant; (2) The Vanguard Group, Inc.; (3) other entities controlled by The Vanguard Group, Inc. that provide ongoing services to the Registrant; or (4) other registered investment companies in the Vanguard Group.

(2) No percentage of the principal accountant’s fees or services were approved pursuant to the waiver provision of paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.

(f) For the most recent fiscal year, over 50% of the hours worked under the principal accountant’s engagement were not performed by persons other than full-time, permanent employees of the principal accountant.

(g) Aggregate Non-Audit Fees.

Fiscal Year Ended December 31, 2009: $423,070

Fiscal Year Ended December 31, 2008: $230,400

Includes fees billed for non-audit services provided to the Registrant, The Vanguard Group, Inc., Vanguard Marketing Corporation, and other registered investment companies in the Vanguard Group.

(h) For the most recent fiscal year, the Audit Committee has determined that the provision of all non-audit services was consistent with maintaining the principal accountant’s independence.

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Item 5: Not Applicable.

Item 6: Not Applicable.

Item 7: Not Applicable.

Item 8: Not Applicable.

Item 9: Not Applicable.

Item 10: Not Applicable.

Item 11: Controls and Procedures.

(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant's Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.

(b) Internal Control Over Financial Reporting. There were no significant changes in Registrant’s Internal Control Over Financial Reporting or in other factors that could significantly affect this control subsequent to the date of the evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Item 12: Exhibits.

(a)	Code of Ethics.
(b)	Certifications.

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.

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	VANGUARD INSTITUTIONAL INDEX FUNDS

BY:	/s/ F. WILLIAM MCNABB III* F. WILLIAM MCNABB III* CHIEF EXECUTIVE OFFICER

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.


	VANGUARD INSTITUTIONAL INDEX FUNDS

BY:	/s/ F. WILLIAM MCNABB III* F. WILLIAM MCNABB III* CHIEF EXECUTIVE OFFICER

Date: February 22, 2010


	VANGUARD INSTITUTIONAL INDEX FUNDS

BY:	/s/ THOMAS J. HIGGINS* THOMAS J. HIGGINS CHIEF FINANCIAL OFFICER

Date: February 22, 2010

* By: /s/ Heidi Stam

Heidi Stam, pursuant to a Power of Attorney filed on July 24, 2009, see file Number 2-88373, and a Power of Attorney filed on October 16, 2009, see File Number 2-52698, both Incorporated by Reference.

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Vanguard Institutional Index Fund (VIIIX) N-CSRCertified annual shareholder report (management investment company)