SECURITIES AND EXCHANGE COMMISSION
MANAGEMENT INVESTMENT COMPANIES
3333 Piedmont Road, Suite 1500
Atlanta, GA 30305
(Name and Address of Agent for Service) | Copy to: | |
Julia Short | W. John McGuire | |
RidgeWorth Funds | Morgan, Lewis & Bockius LLP | |
3333 Piedmont Road, Suite 1500 | 1111 Pennsylvania Ave., NW | |
Atlanta, GA 30305 | Washington, DC 20004-2541 |
Item 1. | Report to Shareholders. |
Letter to Shareholders | 1 | |||
Management Discussion of Fund Performance | ||||
Equity Funds: | ||||
Aggressive Growth Stock Fund | 3 | |||
Emerging Growth Stock Fund | 5 | |||
International Equity 130/30 Fund | 7 | |||
International Equity Fund | 9 | |||
International Equity Index Fund | 11 | |||
Large Cap Core Growth Stock Fund* | 13 | |||
Large Cap Growth Stock Fund | 15 | |||
Large Cap Quantitative Equity Fund | 17 | |||
Large Cap Value Equity Fund | 19 | |||
Mid-Cap Core Equity Fund | 21 | |||
Mid-Cap Value Equity Fund | 23 | |||
Real Estate 130/30 Fund | 25 | |||
Select Large Cap Growth Stock Fund | 27 | |||
Small Cap Growth Stock Fund | 29 | |||
Small Cap Value Equity Fund | 31 | |||
U.S. Equity 130/30 Fund | 33 | |||
Allocation Strategies: | ||||
Aggressive Growth Allocation Strategy | 35 | |||
Conservative Allocation Strategy | 37 | |||
Growth Allocation Strategy | 39 | |||
Moderate Allocation Strategy | 41 | |||
Schedules of Portfolio Investments | 43 | |||
Statements of Assets and Liabilities | 90 | |||
Statements of Operations | 94 | |||
Statements of Cash Flows | 98 | |||
Statements of Changes in Net Assets | 99 | |||
Financial Highlights | 113 | |||
Notes to Financial Statements | 121 | |||
Report of Independent Registered Public Accounting Firm | 145 | |||
Other Federal Tax Information | 146 | |||
Trustees and Officers of the RidgeWorth Funds | 147 | |||
Additional Information | 149 |
1
1 | The S&P 500 Index is widely regarded as a gauge of the U.S. equities market. This index includes 500 leading companies in leading industries of the U.S. economy. Although the S&P 500 Index focuses on the large cap segment of the market, with approximately 75% coverage of U.S. equities, it is also an ideal proxy for the total market. | |
2 | Barclays Capital U.S. Aggregate Bond Index represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment-grade fixed-rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis. |
2
• | Nancy Zevenbergen, CFA, CIC |
• | Brooke de Boutray, CFA, CIC |
3
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Since | ||||||||||||||||||||||
Aggressive Growth Stock Fund | Inception Date | 1 Year | 3 Year | 5 Year | Inception | |||||||||||||||||
A Shares | without sales charge | 2/23/04 | 27.58% | 11.74% | 6.99% | 7.80% | ||||||||||||||||
with sales charge* | 20.24% | 9.57% | 5.74% | 6.91% | ||||||||||||||||||
I Shares | 2/23/04 | 27.99% | 12.08% | 7.31% | 8.13% | |||||||||||||||||
Russell 3000® Growth Index | 19.24% | 5.58% | 4.32% | 4.93% | ** | |||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
A Shares | 1.51% | |||||||||||||||||||||
I Shares | 1.21% | |||||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75%. |
** | The performance return and the hypothetical $10,000 investment for the Russell 3000® Growth Index is for the period from 2/29/04 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
4
• | Nancy Zevenbergen, CFA, CIC |
• | Brooke de Boutray, CFA, CIC |
• | Leslie Tubbs, CFA, CIC |
5
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Since | ||||||||||||||||||||||
Emerging Growth Stock Fund | Inception Date | 1 Year | 3 Year | 5 Year | Inception | |||||||||||||||||
A Shares | without sales charge | 2/23/04 | 46.22% | 15.31% | 7.63% | 8.96% | ||||||||||||||||
with sales charge* | 37.82% | 13.04% | 6.36% | 8.05% | ||||||||||||||||||
I Shares | 2/23/04 | 46.57% | 15.65% | 7.94% | 9.30% | |||||||||||||||||
Russell Midcap® Growth Index | 26.60% | 7.63% | 4.93% | 7.66% | ** | |||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
A Shares | 1.54% | |||||||||||||||||||||
I Shares | 1.24% | |||||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75%. |
** | The performance return and the hypothetical $10,000 investment for the Russell Midcap® Growth Index is for the period from 2/29/04 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
6
• | Kevin Means, CFA |
• | Vincent Fioramonti, CFA |
• | Neil Kochen, CFA |
7
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Since | ||||||||||||||||||
International Equity 130/30 Fund | Inception Date | 1 Year | 3 Year | Inception | ||||||||||||||
A Shares* | without sales charge | 12/26/07 | 11.15% | –4.21% | –7.93% | |||||||||||||
with sales charge** | 4.80% | –6.08% | –9.58% | |||||||||||||||
I Shares | 12/26/07 | 11.24% | –4.02% | –7.76% | ||||||||||||||
FTSE All-World Ex U.S. Index | 13.98% | –0.05% | –2.54% | *** | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 3.80% | |||||||||||||||||
I Shares | 2.94% | |||||||||||||||||
* | Class A Shares were offered beginning on 7/2/08. The performance shown prior to such date is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share expenses. If it had been, performance would have been lower. |
** | Class A Share performance reflects the maximum front-end sales charge of 5.75%. |
*** | The performance return and the hypothetical $10,000 investment for the FTSE All-World Ex U.S. Index is for the period from 12/31/07 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
8
• | Chad Deakins, CFA |
9
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
International Equity Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 10.98% | –2.85% | 0.67% | 4.67% | |||||||||||||
with sales charge* | 4.56% | –4.75% | –0.51% | 4.05% | ||||||||||||||
I Shares | 11.29% | –2.54% | 0.95% | 5.01% | ||||||||||||||
MSCI EAFE Index | 10.42% | –3.01% | 1.30% | 5.39% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.61% | |||||||||||||||||
I Shares | 1.31% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75%. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
10
• | Chad Deakins, CFA |
• | Matthew Welden |
11
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
International Equity Index Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 9.23% | –5.34% | –0.10% | 4.08% | |||||||||||||
with sales charge* | 2.94% | –7.19% | –1.28% | 3.47% | ||||||||||||||
I Shares | 9.55% | –5.05% | 0.17% | 4.45% | ||||||||||||||
MSCI EAFE GDP Weighted Index Net Dividend | 9.75% | –4.87% | 0.40% | 5.22% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 0.98% | |||||||||||||||||
I Shares | 0.68% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75%. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
12
• | Christopher Guinther |
• | Joe Ransom, CFA |
• | Michael A. Sansoterra |
• | Sandeep Bhatia, PhD, CFA |
* | On May 13, 2011, the Fund changed its name from the RidgeWorth Large Cap Core Equity Fund to the RidgeWorth Large Cap Core Growth Stock Fund (see Note 8). |
13
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Large Cap Core Growth Stock Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 10.77% | 1.17% | 0.77% | 3.44% | |||||||||||||
with sales charge** | 4.41% | –0.81% | -0.42% | 2.83% | ||||||||||||||
C Shares | without CDSC | 9.99% | 0.42% | 0.02% | 2.67% | |||||||||||||
with CDSC** | 8.99% | 0.42% | 0.02% | 2.67% | ||||||||||||||
I Shares | 11.08% | 1.41% | 1.02% | 3.67% | ||||||||||||||
S&P 500 Index | 15.65% | 2.35% | 2.62% | 3.29% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.18% | |||||||||||||||||
C Shares | 1.93% | |||||||||||||||||
I Shares | 0.93% | |||||||||||||||||
* | On May 13, 2011, the Fund changed its name from the RidgeWorth Large Cap Core Equity Fund to the RidgeWorth Large Cap Core Growth Stock Fund (see Note 8). |
** | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
14
• | Christopher Guinther |
• | Joe Ransom, CFA |
• | Michael A. Sansoterra |
• Sandeep Bhatia, PhD, CFA |
15
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Large Cap Growth Stock Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 20.09% | 5.28% | 4.23% | 2.20% | |||||||||||||
with sales charge* | 13.23% | 3.21% | 3.01% | 1.60% | ||||||||||||||
C Shares | without CDSC | 19.40% | 4.58% | 3.51% | 1.61% | |||||||||||||
with CDSC* | 18.40% | 4.58% | 3.51% | 1.61% | ||||||||||||||
I Shares | 20.48% | 5.60% | 4.54% | 2.67% | ||||||||||||||
Russell 1000® Growth Index | 18.26% | 5.19% | 4.34% | 2.99% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.34% | |||||||||||||||||
C Shares | 2.04% | |||||||||||||||||
I Shares | 1.04% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
16
• | Chad Deakins, CFA |
17
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Since | ||||||||||||||||||||||
Large Cap Quantitative Equity Fund | Inception Date | 1 Year | 3 Year | 5 Year | Inception | |||||||||||||||||
A Shares | without sales charge | 10/08/03 | 17.88% | 3.24% | 1.53% | 5.70% | ||||||||||||||||
with sales charge* | 11.07% | 1.22% | 0.34% | 4.86% | ||||||||||||||||||
I Shares | 08/07/03 | 18.06% | 3.46% | 1.77% | 7.60% | |||||||||||||||||
S&P 500 Index | 15.65% | 2.35% | 2.62% | 6.00% | ** | |||||||||||||||||
5.98% | *** | |||||||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
A Shares | 1.33% | |||||||||||||||||||||
I Shares | 1.08% | |||||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75%. |
** | The performance return for the S&P 500 Index is for the period from 9/30/03 to 3/31/11. |
*** | The performance return and the hypothetical $10,000 investment for the S&P 500 Index is for the period from 7/31/03 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
18
• | Mills Riddick, CFA |
19
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Large Cap Value Equity Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 16.37% | 4.59% | 4.01% | 5.30% | |||||||||||||
with sales charge* | 9.69% | 2.55% | 2.79% | 4.67% | ||||||||||||||
C Shares | without CDSC | 15.53% | 3.83% | 3.28% | 4.54% | |||||||||||||
with CDSC* | 14.53% | 3.83% | 3.28% | 4.54% | ||||||||||||||
I Shares | 16.69% | 4.89% | 4.33% | 5.64% | ||||||||||||||
Russell 1000® Value Index | 15.15% | 0.60% | 1.38% | 4.53% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.12% | |||||||||||||||||
C Shares | 1.82% | |||||||||||||||||
I Shares | 0.82% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
20
• | Charles B. Arrington, CFA |
21
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Mid-Cap Core Equity Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 23.30% | 5.34% | 2.82% | 5.52% | |||||||||||||
with sales charge* | 16.23% | 3.28% | 1.61% | 4.90% | ||||||||||||||
C Shares | without CDSC | 22.51% | 4.63% | 2.12% | 4.83% | |||||||||||||
with CDSC* | 21.51% | 4.63% | 2.12% | 4.83% | ||||||||||||||
I Shares | 23.57% | 5.65% | 3.13% | 5.90% | ||||||||||||||
Russell Midcap® Index | 24.27% | 7.25% | 4.67% | 8.52% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.41% | |||||||||||||||||
C Shares | 2.11% | |||||||||||||||||
I Shares | 1.11% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
22
• | Don Wordell, CFA |
23
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Since | ||||||||||||||||||||||
Mid-Cap Value Equity Fund | Inception Date | 1 Year | 3 Year | 5 Year | Inception | |||||||||||||||||
A Shares | without sales charge | 10/27/03 | 21.55% | 13.26% | 8.89% | 12.50% | ||||||||||||||||
with sales charge* | 14.54% | 11.06% | 7.61% | 11.62% | ||||||||||||||||||
C Shares | without CDSC | 11/30/01 | 20.71% | 12.50% | 8.13% | 8.81% | ||||||||||||||||
with CDSC* | 19.71% | 12.50% | 8.13% | 8.81% | ||||||||||||||||||
I Shares | 11/30/01 | 21.89% | 13.57% | 9.20% | 9.74% | |||||||||||||||||
Russell Midcap® Value Index | 22.26% | 6.61% | 4.04% | 9.86% | ** | |||||||||||||||||
9.71% | *** | |||||||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
A Shares | 1.35% | |||||||||||||||||||||
C Shares | 2.05% | |||||||||||||||||||||
I Shares | 1.05% | |||||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
** | The performance return for the Russell Midcap® Value Index is for the period from 10/27/03 to 3/31/11. |
*** | The performance return and the hypothetical $10,000 investment for the Russell Midcap® Value Index is for the period from 11/30/01 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
24
• | Kevin Means, CFA |
• | Vince Fioramonti, CFA |
• | Neil Kochen, CFA |
25
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Since | ||||||||||||||||||
Real Estate 130/30 Fund | Inception Date | 1 Year | 3 Year | Inception | ||||||||||||||
A Shares** | without sales charge | 12/26/07 | 24.72% | –0.52% | 0.56% | |||||||||||||
with sales charge* | 17.57% | –2.47% | –1.24% | |||||||||||||||
I Shares** | 12/26/07 | 25.15% | –0.31% | 0.76% | ||||||||||||||
FTSE NAREIT Equity REITs Index | 25.02% | 2.63% | 2.87% | † | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 3.11% | |||||||||||||||||
I Shares | 2.80% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75%. |
** | Class I Shares began operations on 12/26/07. Class A Shares were offered beginning on 5/21/09. The performance shown prior to such date is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share expenses. If it had been, performance would have been lower. |
† | The performance return and the hypothetical $10,000 investment for the FTSE NAREIT Equity REITs Index is for the period from 12/31/07 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
26
• | Christopher Guinther |
• | Joe Ransom, CFA |
• | Michael A. Sansoterra |
• | Sandeep Bhatia, PhD, CFA |
27
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Select Large Cap Growth Stock Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares* | without sales charge | 16.64% | 4.58% | 4.57% | 2.49% | |||||||||||||
with sales charge** | 9.91% | 2.54% | 3.33% | 1.88% | ||||||||||||||
C Shares | without CDSC | 15.86% | 3.83% | 3.82% | 1.67% | |||||||||||||
with CDSC** | 14.86% | 3.83% | 3.82% | 1.67% | ||||||||||||||
I Shares | 16.98% | 4.86% | 4.86% | 2.72% | ||||||||||||||
Russell 1000® Growth Index | 18.26% | 5.19% | 4.34% | 2.99% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.26% | |||||||||||||||||
C Shares | 1.96% | |||||||||||||||||
I Shares | 0.96% | |||||||||||||||||
* | Class A Shares were offered beginning on 10/14/03. The performance shown prior to such date is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share expenses. If it had been, performance would have been lower. |
** | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
28
• | Christopher Guinther |
• Joe Ransom, CFA |
• | Michael A. Sansoterra |
• | Sandeep Bhatia, PhD, CFA |
29
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Small Cap Growth Stock Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 28.59% | 7.92% | 1.38% | 6.66% | |||||||||||||
with sales charge* | 21.18% | 5.80% | 0.19% | 6.03% | ||||||||||||||
C Shares | without CDSC | 27.60% | 7.18% | 0.68% | 5.93% | |||||||||||||
with CDSC* | 26.60% | 7.18% | 0.68% | 5.93% | ||||||||||||||
I Shares | 28.90% | 8.27% | 1.69% | 7.01% | ||||||||||||||
Russell 2000® Growth Index | 31.04% | 10.16% | 4.34% | 6.44% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.52% | |||||||||||||||||
C Shares | 2.22% | |||||||||||||||||
I Shares | 1.22% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
30
• | Brett Barner, CFA |
31
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Small Cap Value Equity Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares* | without sales charge | 24.38% | 10.99% | 5.34% | 12.33% | |||||||||||||
with sales charge** | 17.20% | 8.83% | 4.10% | 11.67% | ||||||||||||||
C Shares | without CDSC | 23.51% | 10.29% | 4.94% | 11.79% | |||||||||||||
with CDSC** | 22.51% | 10.29% | 4.94% | 11.79% | ||||||||||||||
I Shares | 24.68% | 11.31% | 5.63% | 12.59% | ||||||||||||||
Russell 2000® Value Index | 20.63% | 6.76% | 2.23% | 9.01% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.52% | |||||||||||||||||
C Shares | 2.22% | |||||||||||||||||
I Shares | 1.22% | |||||||||||||||||
* | Class A Shares were offered beginning 10/9/03. The performance shown prior to such date is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share expenses. If it had been, performance would have been lower. |
** | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
32
• | Kevin Means, CFA |
• | Vince Fioramonti, CFA |
• | Neil Kochen, CFA |
33
Average Annual Total Returns as of 3/31/11 | ||||||||||||||
Since | ||||||||||||||
U.S. Equity 130/30 Fund | Inception Date | 1 Year | 3 Year | Inception | ||||||||||
I Shares | 12/26/07 | 19.88% | 6.79% | 2.00% | ||||||||||
S&P 500 Index | 15.65% | 2.35% | –0.90% | * | ||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||
I Shares | 2.67% | |||||||||||||
* | The performance return and the hypothetical $10,000 investment for the S&P 500 Index is for the period from 12/31/07 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
34
• | Alan Gayle |
35
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Aggressive Growth Allocation Strategy | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares* | without sales charge | 16.48% | 3.61% | 2.95% | 4.34% | |||||||||||||
with sales charge** | 9.79% | 1.58% | 1.74% | 3.72% | ||||||||||||||
C Shares* | without CDSC | 15.70% | 2.88% | 2.23% | 3.96% | |||||||||||||
with CDSC** | 14.70% | 2.88% | 2.23% | 3.96% | ||||||||||||||
I Shares | 16.73% | 3.91% | 3.25% | 4.57% | ||||||||||||||
S&P 500 Index | 15.65% | 2.35% | 2.62% | 3.29% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.54% | |||||||||||||||||
C Shares | 2.24% | |||||||||||||||||
I Shares | 1.24% | |||||||||||||||||
* | Class A Shares and C Shares were offered beginning on 10/16/03 and 4/1/05, respectively. The performance shown prior to such dates is based on performance of the I Shares of the Fund, and has not been adjusted to reflect A Share or C Share expenses. If it had been, performance would have been lower. |
** | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
36
• | Alan Gayle |
37
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Since | ||||||||||||||||||||||
Conservative Allocation Strategy | Inception Date | 1 Year | 3 Year | 5 Year | Inception | |||||||||||||||||
A Shares* | without sales charge | 3/11/03 | 8.73% | 6.96% | 6.04% | 6.18% | ||||||||||||||||
with sales charge** | 3.60% | 5.25% | 5.01% | 5.54% | ||||||||||||||||||
C Shares* | without CDSC | 3/11/03 | 8.07% | 6.20% | 5.30% | 5.71% | ||||||||||||||||
with CDSC** | 7.07% | 6.20% | 5.30% | 5.71% | ||||||||||||||||||
I Shares* | 3/11/03 | 9.15% | 7.31% | 6.36% | 6.47% | |||||||||||||||||
S&P 500 Index | 15.65% | 2.35% | 2.62% | 7.92%*** | ||||||||||||||||||
Barclays Capital U.S. Aggregate Bond Index | 5.12% | 5.30% | 6.03% | 4.79%*** | ||||||||||||||||||
Hybrid 70/30 Blend Index (70% of the Barclays Capital U.S. Aggregate Bond Index, 30% of the S&P 500 Index) | 8.57% | 4.91% | 5.34% | 5.98%*** | ||||||||||||||||||
Prospectus Expense Ratio2 | Gross | |||||||||||||||||||||
A Shares | 1.34% | |||||||||||||||||||||
C Shares | 2.04% | |||||||||||||||||||||
I Shares | 1.04% | |||||||||||||||||||||
* | Class A Shares, C Shares and I Shares were offered beginning on 11/11/03, 4/1/05, and 11/6/03, respectively. The performance shown prior to such dates is based on performance of the B Shares of the Fund, and has not been adjusted to reflect A Share, C Share or I Share expenses. If it had been, performance for C Shares would have been lower. |
** | Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
*** | The performance returns and the hypothetical $10,000 investments for the S&P 500 Index, Barclays Capital U.S. Aggregate Bond Index, and Hybrid 70/30 Blend Index are for the period from 2/28/03 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
38
• | Alan Gayle |
39
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Growth Allocation Strategy | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares* | without sales charge | 13.35% | 5.23% | 4.27% | 5.20% | |||||||||||||
with sales charge** | 6.82% | 3.17% | 3.03% | 4.57% | ||||||||||||||
C Shares* | without CDSC | 12.50% | 4.42% | 3.49% | 4.74% | |||||||||||||
with CDSC** | 11.50% | 4.42% | 3.49% | 4.74% | ||||||||||||||
I Shares | 13.58% | 5.51% | 4.56% | 5.43% | ||||||||||||||
S&P 500 Index | 15.65% | 2.35% | 2.62% | 3.29% | ||||||||||||||
Barclays Capital U.S. Aggregate Bond Index | 5.12% | 5.30% | 6.03% | 5.56% | ||||||||||||||
Hybrid 70/30 Blend Index (70% of the S&P 500 Index, 30% of the Barclays Capital U.S. Aggregate Bond Index) | 12.80% | 3.73% | 3.98% | 4.28% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.32% | |||||||||||||||||
C Shares | 2.02% | |||||||||||||||||
I Shares | 1.02% | |||||||||||||||||
* | Class A Shares and C Shares were offered beginning on 11/05/03 and 4/05/05, respectively. The performance shown prior to such dates is based on performance of the I Shares of the Fund, and has not been adjusted to reflect A Share and C Share expenses. If it had been, performance would have been lower. |
** | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
40
• | Alan Gayle |
41
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Moderate Allocation Strategy | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares* | without sales charge | 11.11% | 5.71% | 4.94% | 5.24% | |||||||||||||
with sales charge** | 4.71% | 3.66% | 3.71% | 4.62% | ||||||||||||||
C Shares* | without CDSC | 10.29% | 4.94% | 4.20% | 4.80% | |||||||||||||
with CDSC** | 9.29% | 4.94% | 4.20% | 4.80% | ||||||||||||||
I Shares | 11.45% | 6.05% | 5.26% | 5.47% | ||||||||||||||
S&P 500 Index | 15.65% | 2.35% | 2.62% | 3.29% | ||||||||||||||
Barclays Capital U.S. Aggregate Bond Index | 5.12% | 5.30% | 6.03% | 5.56% | ||||||||||||||
Hybrid 50/50 Blend Index (50% of the Barclays Capital U.S. Aggregate Bond Index, 50% of the S&P 500 Index) | 10.75% | 4.41% | 4.73% | 4.80% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 1.17% | |||||||||||||||||
C Shares | 1.87% | |||||||||||||||||
I Shares | 0.87% | |||||||||||||||||
* | Class A Shares and C Shares were offered beginning on 10/10/03 and 4/5/05, respectively. The performance shown prior to such dates is based on performance of the I Shares of the Fund, and has not been adjusted to reflect A Share and C Share expenses. If it had been, performance would have been lower. |
** | Class A Share performance reflects the maximum front-end sales charge of 5.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
42
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (99.4%) | ||||||||
Consumer Discretionary (20.8%) | ||||||||
Amazon.com, Inc.* | 36,500 | 6,575 | ||||||
Blue Nile, Inc.* | 51,200 | 2,764 | ||||||
Coach, Inc. | 32,500 | 1,691 | ||||||
Deckers Outdoor Corp.* | 31,200 | 2,688 | ||||||
Lululemon Athletica, Inc.* | 33,900 | 3,019 | ||||||
Netflix, Inc.* | 14,200 | 3,370 | ||||||
Nordstrom, Inc. | 46,600 | 2,092 | ||||||
Priceline.com, Inc.* | 8,200 | 4,153 | ||||||
Tesla Motors, Inc.* | 63,100 | 1,748 | ||||||
Urban Outfitters, Inc.* | 21,300 | 635 | ||||||
28,735 | ||||||||
Energy (9.5%) | ||||||||
Berry Petroleum Co., Cl A | 47,300 | 2,387 | ||||||
Energy XXI Bermuda Ltd.* | 69,300 | 2,363 | ||||||
Forest Oil Corp.* | 80,100 | 3,030 | ||||||
SandRidge Energy, Inc.* | 112,800 | 1,444 | ||||||
Whiting Petroleum Corp.* | 52,200 | 3,834 | ||||||
13,058 | ||||||||
Financials (5.7%) | ||||||||
BlackRock, Inc. | 14,300 | 2,874 | ||||||
Financial Engines, Inc.* | 43,200 | 1,191 | ||||||
Green Dot Corp., Cl A* | 800 | 34 | ||||||
Greenhill & Co., Inc. | 20,700 | 1,362 | ||||||
Portfolio Recovery Associates, Inc.* | 28,900 | 2,460 | ||||||
7,921 | ||||||||
Health Care (9.3%) | ||||||||
Celgene Corp.* | 42,700 | 2,456 | ||||||
Dendreon Corp.* | 29,600 | 1,108 | ||||||
HMS Holdings Corp.* | 16,200 | 1,326 | ||||||
Human Genome Sciences, Inc.* | 39,500 | 1,084 | ||||||
IDEXX Laboratories, Inc.* | 15,900 | 1,228 | ||||||
Intuitive Surgical, Inc.* | 7,500 | 2,501 | ||||||
Salix Pharmaceuticals Ltd.* | 42,600 | 1,492 | ||||||
SXC Health Solutions Corp.* | 18,900 | 1,036 | ||||||
Vertex Pharmaceuticals, Inc.* | 13,100 | 628 | ||||||
12,859 | ||||||||
Industrials (8.1%) | ||||||||
Alaska Air Group, Inc.* | 21,900 | 1,389 | ||||||
Expeditors International of Washington, Inc. | 51,000 | 2,557 | ||||||
Joy Global, Inc. | 17,500 | 1,729 | ||||||
Polypore International, Inc.* | 12,300 | 708 | ||||||
Precision Castparts Corp. | 20,600 | 3,032 | ||||||
Shaw Group, Inc. (The)* | 48,700 | 1,725 | ||||||
11,140 | ||||||||
Information Technology (43.1%) | ||||||||
Acme Packet, Inc.* | 65,500 | 4,648 | ||||||
Alliance Data Systems Corp.* | 19,600 | 1,683 | ||||||
Altera Corp. | 66,600 | 2,932 | ||||||
Apple, Inc.* | 7,900 | 2,753 | ||||||
ARM Holdings PLC SP ADR | 12,100 | 341 | ||||||
Aruba Networks, Inc.* | 51,800 | 1,753 | ||||||
Baidu, Inc. SP ADR* | 22,600 | 3,115 | ||||||
Cognizant Technology Solutions Corp., Cl A* | 95,200 | 7,749 | ||||||
F5 Networks, Inc.* | 53,500 | 5,487 | ||||||
First Solar, Inc.* | 18,200 | 2,927 | ||||||
Google, Inc., Cl A* | 7,000 | 4,103 | ||||||
MercadoLibre, Inc. | 46,200 | 3,771 | ||||||
OpenTable, Inc.* | 45,800 | 4,871 | ||||||
QUALCOMM, Inc.* | 106,600 | 5,845 | ||||||
Skyworks Solutions, Inc.* | 47,800 | 1,550 | ||||||
SuccessFactors, Inc.* | 19,800 | 774 | ||||||
VeriFone Systems, Inc.* | 26,200 | 1,440 | ||||||
VistaPrint NV* | 74,446 | 3,864 | ||||||
59,606 | ||||||||
Telecommunication Services (2.9%) | ||||||||
NII Holdings, Inc.* | 47,300 | 1,971 | ||||||
tw telecom, Inc.* | 107,300 | 2,060 | ||||||
4,031 | ||||||||
Total Common Stocks (Cost $79,780) | 137,350 | |||||||
Money Market Fund (0.0%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(a) | 46,337 | 46 | ||||||
Total Money Market Fund (Cost $46) | 46 | |||||||
Total Investments (Cost $79,826)(b) — 99.4% | 137,396 | |||||||
Other assets in excess of liabilities — 0.6% | 766 | |||||||
Net Assets — 100.0% | $ | 138,162 | ||||||
* | Non-income producing security. | |
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
SP ADR | — Sponsored American Depositary Receipt |
43
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (88.4%) | ||||||||
Consumer Discretionary (16.3%) | ||||||||
Blue Nile, Inc.* | 8,600 | 464 | ||||||
Deckers Outdoor Corp.* | 4,000 | 345 | ||||||
G-III Apparel Group Ltd.* | 8,300 | 312 | ||||||
Lululemon Athletica, Inc.* | 13,400 | 1,193 | ||||||
Makemytrip Ltd.* | 19,500 | 571 | ||||||
Netflix, Inc.* | 1,550 | 368 | ||||||
Shutterfly, Inc.* | 2,400 | 126 | ||||||
Tesla Motors, Inc.* | 21,000 | 582 | ||||||
Vera Bradley, Inc.* | 15,300 | 646 | ||||||
4,607 | ||||||||
Energy (8.5%) | ||||||||
Berry Petroleum Co., Cl A | 14,000 | 706 | ||||||
Energy XXI Bermuda Ltd.* | 24,700 | 842 | ||||||
Helmerich & Payne, Inc. | 7,200 | 495 | ||||||
McMoRan Exploration Co.* | 20,100 | 356 | ||||||
2,399 | ||||||||
Financials (7.4%) | ||||||||
Financial Engines, Inc.* | 28,900 | 797 | ||||||
Green Dot Corp., Cl A* | 6,000 | 257 | ||||||
Greenhill & Co., Inc. | 6,700 | 441 | ||||||
Portfolio Recovery Associates, Inc.* | 6,900 | 587 | ||||||
2,082 | ||||||||
Health Care (15.0%) | ||||||||
Accretive Health, Inc.* | 9,000 | 250 | ||||||
Dendreon Corp.* | 14,000 | 524 | ||||||
HMS Holdings Corp.* | 7,800 | 638 | ||||||
Human Genome Sciences, Inc.* | 14,300 | 393 | ||||||
Illumina, Inc.* | 3,600 | 252 | ||||||
Intuitive Surgical, Inc.* | 950 | 317 | ||||||
IPC The Hospitalist Co.* | 5,100 | 232 | ||||||
MAKO Surgical Corp.* | 10,400 | 252 | ||||||
Nektar Therapeutics* | 13,100 | 124 | ||||||
Salix Pharmaceuticals Ltd.* | 11,200 | 392 | ||||||
SXC Health Solutions Corp.* | 13,800 | 756 | ||||||
Vertex Pharmaceuticals, Inc.* | 2,300 | 110 | ||||||
4,240 | ||||||||
Industrials (6.8%) | ||||||||
Alaska Air Group, Inc.* | 3,900 | 247 | ||||||
Joy Global, Inc. | 5,000 | 494 | ||||||
Polypore International, Inc.* | 12,500 | 720 | ||||||
Shaw Group, Inc. (The)* | 13,200 | 467 | ||||||
1,928 | ||||||||
Information Technology (34.4%) | ||||||||
Acme Packet, Inc.* | 15,700 | 1,114 | ||||||
Alliance Data Systems Corp.* | 3,500 | 301 | ||||||
ARM Holdings PLC SP ADR | 9,200 | 259 | ||||||
Aruba Networks, Inc.* | 23,300 | 788 | ||||||
BroadSoft, Inc.* | 18,500 | 882 | ||||||
F5 Networks, Inc.* | 11,300 | 1,159 | ||||||
Limelight Networks, Inc.* | 34,600 | 248 | ||||||
MercadoLibre, Inc. | 12,900 | 1,053 | ||||||
Meru Networks, Inc.*(a) | 7,500 | 152 | ||||||
NXP Semiconductors NV* | 3,900 | 117 | ||||||
OpenTable, Inc.* | 11,800 | 1,255 | ||||||
SAVVIS, Inc.* | 6,800 | 252 | ||||||
Skyworks Solutions, Inc.* | 23,000 | 746 | ||||||
SuccessFactors, Inc.* | 7,000 | 274 | ||||||
VeriFone Systems, Inc.* | 8,500 | 467 | ||||||
VistaPrint NV* | 13,000 | 675 | ||||||
9,742 | ||||||||
Total Common Stocks (Cost $17,408) | 24,998 | |||||||
Short-Term Investment (0.5%) | ||||||||
RidgeWorth Funds Securities Lending Joint Account(b) | 151,700 | 152 | ||||||
Total Short-Term Investment (Cost $152) | 152 | |||||||
Money Market Fund (2.3%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(c) | 650,703 | 651 | ||||||
Total Money Market Fund (Cost $651) | 651 | |||||||
Total Investments (Cost $18,211)(d) — 91.2% | 25,801 | |||||||
Other assets in excess of liabilities — 8.8% | 2,484 | |||||||
Net Assets — 100.0% | $ | 28,285 | ||||||
* | Non-income producing security. | |
(a) | The security or a partial position of the security was on loan as of March 31, 2011. The total value of securities on loan as of March 31, 2011, in thousands, was $150. | |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before March 31, 2011 (See Notes to Financial Statements). |
(c) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(d) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
SP ADR | — Sponsored American Depositary Receipt |
44
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Long Positions (131.9%) | ||||||||
Foreign Common Stocks (131.5%) | ||||||||
Argentina (0.6%) | ||||||||
Grupo Financiero Galicia SA ADR*(a) | 47,800 | 594 | ||||||
Australia (4.8%) | ||||||||
Caltex Australia Ltd. | 46,275 | 747 | ||||||
Incitec Pivot Ltd.(a) | 298,307 | 1,336 | ||||||
OneSteel Ltd. | 302,203 | 763 | ||||||
OZ Minerals Ltd. | 424,300 | 700 | ||||||
Stockland REIT | 179,298 | 688 | ||||||
Westfield Group REIT(a) | 79,833 | 771 | ||||||
5,005 | ||||||||
Belgium (0.7%) | ||||||||
Belgacom SA | 19,400 | 752 | ||||||
Brazil (3.0%) | ||||||||
Banco Bradesco SA SP ADR(a) | 68,400 | 1,419 | ||||||
Vale SA SP ADR(a) | 53,100 | 1,771 | ||||||
3,190 | ||||||||
Canada (6.9%) | ||||||||
Barrick Gold Corp.(a) | 10,300 | 535 | ||||||
Cameco Corp.(a) | 20,500 | 616 | ||||||
Cenovus Energy, Inc.(a) | 38,100 | 1,500 | ||||||
CGI Group, Inc., CL A*(a) | 38,400 | 805 | ||||||
Denison Mines Corp.* | 329,270 | 784 | ||||||
Husky Energy, Inc.(a) | 35,700 | 1,085 | ||||||
Intact Financial Corp.(a) | 17,100 | 886 | ||||||
Nexen, Inc. | 43,000 | 1,071 | ||||||
7,282 | ||||||||
China (6.2%) | ||||||||
China Petroleum & Chemical Corp. ADR(a) | 10,000 | 1,006 | ||||||
China Railway Construction Corp. Ltd. | 418,400 | 437 | ||||||
China Shenhua Energy Co. Ltd. | 119,000 | 561 | ||||||
CSR Corp. Ltd. | 1,288,000 | 1,318 | ||||||
Dongfang Electric Corp. Ltd. | 220,000 | 751 | ||||||
Jiangxi Copper Co. Ltd. | 286,000 | 956 | ||||||
PetroChina Co. Ltd. ADR(a) | 3,900 | 594 | ||||||
WuXi PharmaTech Cayman, Inc. ADR*(a) | 55,700 | 861 | ||||||
6,484 | ||||||||
Colombia (1.1%) | ||||||||
BanColombia SA SP ADR | 8,500 | 533 | ||||||
Ecopetrol SA SP ADR(a) | 13,900 | 579 | ||||||
1,112 | ||||||||
Finland (3.7%) | ||||||||
Sampo Oyj, Cl A(a) | 48,500 | 1,547 | ||||||
Stora Enso Oyj(a) | 106,500 | 1,269 | ||||||
UPM-Kymmene Oyj*(a) | 49,100 | 1,038 | ||||||
3,854 | ||||||||
France (4.6%) | ||||||||
Christian Dior SA(a) | 9,000 | 1,267 | ||||||
Scor SE(a) | 38,400 | 1,046 | ||||||
Societe Television Francaise 1(a) | 60,500 | 1,111 | ||||||
Total SA SP ADR(a) | 22,200 | 1,353 | ||||||
4,777 | ||||||||
Germany (13.7%) | ||||||||
Allianz SE(a) | 14,300 | 2,007 | ||||||
BASF SE(a) | 33,900 | 2,932 | ||||||
Deutsche Post AG(a) | 64,950 | 1,171 | ||||||
E.ON AG(a) | 25,400 | 776 | ||||||
Hannover Rueckversicherung AG(a) | 26,600 | 1,452 | ||||||
Infineon Technologies AG(a) | 105,400 | 1,081 | ||||||
Lanxess AG(a) | 13,700 | 1,025 | ||||||
MAN SE(a) | 9,200 | 1,147 | ||||||
Muenchener Rueckversicherungs AG(a) | 10,400 | 1,636 | ||||||
RWE AG(a) | 17,400 | 1,108 | ||||||
14,335 | ||||||||
Hong Kong (4.7%) | ||||||||
Cheung Kong (Holdings) Ltd.(a) | 34,000 | 555 | ||||||
China Mobile Ltd. SP ADR | 23,200 | 1,073 | ||||||
CNOOC Ltd. SP ADR(a) | 3,100 | 784 | ||||||
Great Eagle Holdings Ltd. | 166,600 | 558 | ||||||
Hysan Development Co. Ltd. | 207,000 | 852 | ||||||
MTR Corp. | 289,500 | 1,068 | ||||||
4,890 | ||||||||
Ireland (0.7%) | ||||||||
United Business Media Ltd.(a) | 79,000 | 759 | ||||||
Italy (6.3%) | ||||||||
Autogrill SpA*(a) | 96,300 | 1,356 | ||||||
Finmeccanica SpA(a) | 66,200 | 833 | ||||||
Parmalat SpA | 220,900 | 740 | ||||||
Snam Rete Gas SpA | 251,600 | 1,414 | ||||||
Telecom Italia SpA | 807,400 | 1,086 | ||||||
Terna SpA | 248,000 | 1,187 | ||||||
6,616 | ||||||||
Japan (26.6%) | ||||||||
Asahi Kasei Corp.(a) | 103,000 | 695 | ||||||
Brother Industries Ltd.(a) | 64,000 | 940 | ||||||
Canon, Inc.(a) | 28,700 | 1,249 | ||||||
Credit Saison Co. Ltd.(a) | 70,000 | 1,126 | ||||||
Daido Steel Co. Ltd. | 199,000 | 1,132 |
45
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity 130/30 Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Japan—continued | ||||||||
Daihatsu Motor Co. Ltd.(a) | 94,000 | 1,370 | ||||||
Daito Trust Construction Co. Ltd.(a) | 16,000 | 1,102 | ||||||
Fuji Heavy Industries Ltd. | 114,000 | 735 | ||||||
Hitachi High-Technologies Corp.(a) | 58,900 | 1,175 | ||||||
Hitachi Ltd.(a) | 320,000 | 1,666 | ||||||
Honda Motor Co. Ltd.(a) | 37,100 | 1,394 | ||||||
Isuzu Motors Ltd. | 208,000 | 823 | ||||||
Kawasaki Kisen Kaisha Ltd. | 222,000 | 819 | ||||||
Kuraray Co. Ltd.(a) | 42,930 | 553 | ||||||
Mitsubishi Chemical Holdings Corp.(a) | 268,000 | 1,685 | ||||||
Mitsui Mining & Smelting Co. Ltd.(a) | 358,000 | 1,244 | ||||||
NHK Spring Co. Ltd. | 79,000 | 783 | ||||||
Nippon Yusen Kabushiki Kaisha | 297,000 | 1,160 | ||||||
Nissan Motor Co. Ltd.(a) | 136,100 | 1,207 | ||||||
Oriental Land Co. Ltd.(a) | 9,400 | 747 | ||||||
Rengo Co. Ltd. | 84,000 | 548 | ||||||
Sega Sammy Holdings, Inc.(a) | 79,900 | 1,389 | ||||||
Seiko Epson Corp.(a) | 83,700 | 1,340 | ||||||
Sumitomo Bakelite Co. Ltd. | 106,000 | 651 | ||||||
Takata Corp.(a) | 18,900 | 541 | ||||||
Tohoku Electric Power Co., Inc.(a) | 44,300 | 748 | ||||||
Toshiba Corp. | 222,000 | 1,086 | ||||||
27,908 | ||||||||
Malaysia (2.4%) | ||||||||
RHB Capital Berhad | 392,200 | 1,111 | ||||||
Sime Darby Berhad | 474,600 | 1,446 | ||||||
2,557 | ||||||||
Mexico (1.9%) | ||||||||
Coca-Cola Femsa SAB de CV SP ADR(a) | 7,100 | 547 | ||||||
Grupo Mexico SAB de CV, Ser B | 377,000 | 1,413 | ||||||
1,960 | ||||||||
Netherlands (0.5%) | ||||||||
Koninklijke Boskalis Westminster NV*(a) | 10,800 | 571 | ||||||
Norway (1.2%) | ||||||||
Yara International ASA(a) | 25,000 | 1,267 | ||||||
Peru (0.7%) | ||||||||
Cia de Minas Buenaventura SA ADR | 18,000 | 773 | ||||||
Portugal (1.6%) | ||||||||
Banco Espirito Santo SA | 220,200 | 902 | ||||||
EDP — Energias de Portugal SA | 193,100 | 752 | ||||||
1,654 | ||||||||
Russian Federation (1.0%) | ||||||||
Gazprom SP ADR(a) | 33,100 | 1,070 | ||||||
Singapore (4.8%) | ||||||||
Fraser and Neave Ltd. | 214,000 | 1,020 | ||||||
Neptune Orient Lines Ltd.* | 637,000 | 980 | ||||||
SembCorp Industries Ltd. | 285,000 | 1,178 | ||||||
Singapore Technologies Engineering Ltd. | 347,000 | 898 | ||||||
Venture Corp. Ltd. | 130,000 | 991 | ||||||
5,067 | ||||||||
South Africa (3.5%) | ||||||||
Aveng Ltd. | 178,000 | 939 | ||||||
FirstRand Ltd. | 340,600 | 1,012 | ||||||
Sappi Ltd.* | 115,668 | 613 | ||||||
Vodacom Group Ltd.(a) | 93,500 | 1,097 | ||||||
3,661 | ||||||||
South Korea (1.1%) | ||||||||
KT Corp. SP ADR*(a) | 58,300 | 1,139 | ||||||
Spain (0.3%) | ||||||||
Banco Bilbao Vizcaya Argentaria SA(a) | 29,000 | 352 | ||||||
Sweden (3.8%) | ||||||||
Atlas Copco AB, Cl A(a) | 27,000 | 718 | ||||||
Svenska Handelsbanken AB, Cl A(a) | 55,100 | 1,807 | ||||||
Swedbank AB, Cl A(a) | 34,500 | 590 | ||||||
TeliaSonera AB(a) | 99,700 | 862 | ||||||
3,977 | ||||||||
Switzerland (7.3%) | ||||||||
Baloise Holding AG | 7,300 | 723 | ||||||
BKW FMB Energie AG(a) | 4,400 | 311 | ||||||
GAM Holding AG*(a) | 38,500 | 731 | ||||||
Nestle SA(a) | 18,500 | 1,060 | ||||||
Schindler Holding AG Participation Certificate(a) | 6,300 | 757 | ||||||
STMicroelectronics NV NYS(a) | 102,700 | 1,276 | ||||||
Swiss Life Holding AG*(a) | 7,300 | 1,207 | ||||||
Swisscom AG(a) | 3,664 | 1,634 | ||||||
7,699 | ||||||||
Taiwan (1.9%) | ||||||||
Advanced Semiconductor Engineering, Inc. ADR | 78,700 | 431 |
46
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity 130/30 Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Taiwan—continued | ||||||||
Taiwan Semiconductor Manufacturing Co. Ltd. SP ADR(a) | 71,300 | 868 | ||||||
United Microelectronics Corp. SP ADR(a) | 237,200 | 648 | ||||||
1,947 | ||||||||
Thailand (0.7%) | ||||||||
Delta Electronics Thai PCL | 850,800 | 753 | ||||||
United Kingdom (15.2%) | ||||||||
AMEC PLC(a) | 57,000 | 1,091 | ||||||
Antofagasta PLC(a) | 32,900 | 718 | ||||||
BAE Systems PLC(a) | 242,800 | 1,265 | ||||||
BT Group PLC(a) | 589,800 | 1,756 | ||||||
Bunzl PLC | 44,700 | 534 | ||||||
Burberry Group PLC(a) | 42,200 | 795 | ||||||
Drax Group PLC | 177,900 | 1,132 | ||||||
International Power PLC | 176,100 | 870 | ||||||
Invensys PLC(a) | 133,000 | 737 | ||||||
ITV PLC* | 579,700 | 719 | ||||||
Kazakhmys PLC(a) | 75,700 | 1,693 | ||||||
Logica PLC(a) | 642,300 | 1,350 | ||||||
Man Group PLC(a) | 272,800 | 1,076 | ||||||
Old Mutual PLC | 503,900 | 1,099 | ||||||
Rio Tinto PLC SP ADR(a) | 7,800 | 555 | ||||||
Segro PLC | 104,000 | 536 | ||||||
15,926 | ||||||||
Total Foreign Common Stocks (Cost $130,453) | 137,931 | |||||||
Money Market Fund (0.4%) | ||||||||
United States (0.4%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(b) | 402,779 | 403 | ||||||
Total Money Market Fund (Cost $403) | 403 | |||||||
Total Long Positions (Cost $130,856)(c) — 131.9% | 138,334 | |||||||
Liabilities in excess of other assets — (1.3)% | (1,373 | ) | ||||||
Short Positions (see summary below) — (30.6)% | (32,116 | ) | ||||||
Net Assets — 100.0% | $ | 104,845 | ||||||
Short Positions ((30.6)%) | ||||||||
Foreign Common Stocks Sold Short ((30.6)%) | ||||||||
Brazil ((1.2)%) | ||||||||
Brasil Telecom SA ADR | (19,700 | ) | (532 | ) | ||||
Fibria Celulose SA SP ADR* | (41,500 | ) | (681 | ) | ||||
(1,213 | ) | |||||||
Canada ((6.1)%) | ||||||||
Agrium, Inc. | (9,300 | ) | (858 | ) | ||||
Bombardier, Inc. | (195,000 | ) | (1,434 | ) | ||||
Brookfield Infrastructure Partners LP* | (24,500 | ) | (544 | ) | ||||
Gildan Activewear, Inc. | (23,500 | ) | (770 | ) | ||||
Methanex Corp. | (29,600 | ) | (925 | ) | ||||
Valeant Pharmaceuticals International, Inc. | (21,100 | ) | (1,051 | ) | ||||
Westport Innovations, Inc.* | (39,000 | ) | (857 | ) | ||||
(6,439 | ) | |||||||
Chile ((0.6)%) | ||||||||
Sociedad Quimica y Minera de Chile SA SP ADR | (12,300 | ) | (680 | ) | ||||
China ((0.7)%) | ||||||||
Home Inns & Hotels Management, Inc. ADR* | (17,500 | ) | (692 | ) | ||||
Denmark ((0.5)%) | ||||||||
Vestas Wind Systems A/S* | (12,600 | ) | (546 | ) | ||||
France ((0.9)%) | ||||||||
Vallourec SA | (8,900 | ) | (998 | ) | ||||
Hong Kong ((0.5)%) | ||||||||
Longtop Financial Technologies Ltd. SP ADR* | (16,600 | ) | (522 | ) | ||||
India ((0.5)%) | ||||||||
Dr. Reddy’s Laboratories Ltd. ADR | (14,200 | ) | (530 | ) | ||||
Ireland ((0.5)%) | ||||||||
ICON PLC SP ADR* | (24,400 | ) | (527 | ) | ||||
Israel ((1.0)%) | ||||||||
Teva Pharmaceutical Industries Ltd. SP ADR | (21,100 | ) | (1,059 | ) | ||||
Japan ((9.5)%) | ||||||||
Advantest Corp. | (56,000 | ) | (1,008 | ) | ||||
Bridgestone Corp. | (62,500 | ) | (1,310 | ) | ||||
CHIYODA Corp. | (66,000 | ) | (605 | ) | ||||
Nippon Sheet Glass Co. Ltd. | (222,000 | ) | (640 | ) | ||||
Olympus Corp. | (32,000 | ) | (890 | ) | ||||
Panasonic Corp. SP ADR | (42,000 | ) | (529 | ) | ||||
Shin-Etsu Chemical Co. Ltd. | (17,400 | ) | (865 | ) | ||||
Sumco Corp.* | (72,400 | ) | (1,460 | ) | ||||
Sysmex Corp. | (8,200 | ) | (290 | ) |
47
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity 130/30 Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Japan—continued | ||||||||
Tokyo Steel Manufacturing Co. Ltd. | (77,900 | ) | (909 | ) | ||||
Toyo Suisan Kaisha Ltd. | (42,000 | ) | (912 | ) | ||||
Yamazaki Baking Co. Ltd. | (46,000 | ) | (536 | ) | ||||
(9,954 | ) | |||||||
Luxembourg ((0.6)%) | ||||||||
ArcelorMittal | (16,500 | ) | (597 | ) | ||||
Mexico ((2.1)%) | ||||||||
America Movil SAB de CV ADR | (18,400 | ) | (1,069 | ) | ||||
Cemex SAB de CV SP ADR* | (61,500 | ) | (549 | ) | ||||
Grupo Televisa SA SP ADR* | (23,100 | ) | (567 | ) | ||||
(2,185 | ) | |||||||
Portugal ((0.5)%) | ||||||||
Portugal Telecom SGPS SA | (45,700 | ) | (527 | ) | ||||
South Korea ((0.5)%) | ||||||||
Korea Electric Power Corp. SP ADR* | (44,100 | ) | (540 | ) | ||||
Spain ((2.4)%) | ||||||||
Acciona SA | (11,900 | ) | (1,293 | ) | ||||
Gamesa Corp. Tecnologica SA* | (116,100 | ) | (1,207 | ) | ||||
(2,500 | ) | |||||||
Sweden ((0.7)%) | ||||||||
SSAB AB, Ser A* | (47,500 | ) | (752 | ) | ||||
Switzerland ((1.3)%) | ||||||||
Givaudan SA* | (736 | ) | (740 | ) | ||||
Straumann Holding AG | (2,270 | ) | (584 | ) | ||||
(1,324 | ) | |||||||
United Kingdom ((0.5)%) | ||||||||
Autonomy Corp. PLC* | (20,800 | ) | (531 | ) | ||||
Total Short Positions (30.6)% (Proceeds $(30,503)) | (32,116 | ) | ||||||
* | Non-income producing security. | |
(a) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. | |
(b) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(c) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
ADR | — American Depositary Receipt |
NYS | — New York Registered Shares | |
REIT | — Real Estate Investment Trust | |
SP ADR | — Sponsored American Depositary Receipt |
48
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Foreign Common Stocks (98.7%) | ||||||||
Australia (1.6%) | ||||||||
Australia & New Zealand Banking Group Ltd. | 119,841 | 2,951 | ||||||
Qantas Airways Ltd.* | 485,919 | 1,096 | ||||||
4,047 | ||||||||
Austria (0.9%) | ||||||||
Voestalpine AG | 48,327 | 2,269 | ||||||
Belgium (0.7%) | ||||||||
Anheuser-Busch InBev NV | 32,050 | 1,826 | ||||||
Canada (0.3%) | ||||||||
Research In Motion Ltd.* | 12,495 | 707 | ||||||
China (0.8%) | ||||||||
Microport Scientific Corp.* | 393,000 | 276 | ||||||
PetroChina Co. Ltd., Cl H | 1,150,061 | 1,750 | ||||||
2,026 | ||||||||
Colombia (1.1%) | ||||||||
Petrominerales Ltd.(a) | 78,488 | 2,974 | ||||||
Finland (1.1%) | ||||||||
UPM-Kymmene Oyj* | 134,200 | 2,838 | ||||||
France (15.8%) | ||||||||
BNP Paribas | 68,014 | 4,975 | ||||||
Bouygues SA | 33,438 | 1,606 | ||||||
Cap Gemini SA | 32,948 | 1,914 | ||||||
Credit Agricole SA | 168,686 | 2,768 | ||||||
France Telecom SA | 123,829 | 2,775 | ||||||
Peugeot SA* | 65,426 | 2,585 | ||||||
Publicis Groupe SA | 85,962 | 4,821 | ||||||
Renault SA* | 36,071 | 1,994 | ||||||
Sanofi-Aventis | 66,617 | 4,671 | ||||||
Societe Generale | 66,860 | 4,344 | ||||||
Valeo SA* | 29,694 | 1,732 | ||||||
Vinci SA | 58,597 | 3,662 | ||||||
Vivendi SA | 113,039 | 3,228 | ||||||
41,075 | ||||||||
Germany (14.3%) | ||||||||
Adidas AG | 31,397 | 1,978 | ||||||
Allianz SE | 36,119 | 5,069 | ||||||
BASF SE | 58,112 | 5,026 | ||||||
Deutsche Bank AG | 82,481 | 4,849 | ||||||
Deutsche Lufthansa AG* | 132,588 | 2,810 | ||||||
E.ON AG | 45,506 | 1,390 | ||||||
MAN SE | 32,009 | 3,992 | ||||||
Muenchener Rueckversicherungs AG | 31,936 | 5,024 | ||||||
Siemens AG | 50,918 | 6,979 | ||||||
37,117 | ||||||||
Hong Kong (2.6%) | ||||||||
BOC Hong Kong Holdings Ltd. | 155,000 | 505 | ||||||
China Mobile Ltd. | 190,500 | 1,755 | ||||||
GCL Poly Energy Holdings Ltd.* | 1,636,546 | 1,008 | ||||||
Sun Hung Kai Properties Ltd. | 103,000 | 1,631 | ||||||
Texwinca Holdings Ltd. | 1,821,721 | 1,932 | ||||||
6,831 | ||||||||
Ireland (0.7%) | ||||||||
WPP PLC | 151,882 | 1,872 | ||||||
Japan (16.3%) | ||||||||
FUJI OIL CO. LTD. | 41,200 | 540 | ||||||
FUJIFILM Holdings Corp. | 46,400 | 1,437 | ||||||
Honda Motor Co. Ltd. | 102,088 | 3,835 | ||||||
ITOCHU Corp. | 389,080 | 4,074 | ||||||
JX Holdings, Inc. | 536,900 | 3,615 | ||||||
LINTEC Corp. | 67,800 | 1,928 | ||||||
Marubeni Corp. | 458,000 | 3,298 | ||||||
Mitsubishi Gas Chemical Co., Inc. | 378,000 | 2,713 | ||||||
Mitsubishi UFJ Financial Group, Inc. | 386,602 | 1,785 | ||||||
Mitsui & Co. Ltd. | 121,278 | 2,174 | ||||||
Nidec Corp.(a) | 12,100 | 1,047 | ||||||
NIPPON SHOKUBAI Co. Ltd. | 281,000 | 3,520 | ||||||
Nippon Telegraph & Telephone Corp. | 28,316 | 1,272 | ||||||
Okinawa Electric Power Co., Inc. (The) | 16,200 | 740 | ||||||
Sumitomo Corp. | 306,044 | 4,375 | ||||||
Sumitomo Mitsui Financial Group, Inc. | 91,505 | 2,845 | ||||||
Takata Corp. | 69,877 | 1,999 | ||||||
TS Tech Co. Ltd. | 66,886 | 1,173 | ||||||
42,370 | ||||||||
Netherlands (3.8%) | ||||||||
ING Groep NV* | 362,338 | 4,586 | ||||||
Koninklijke Ahold NV | 113,407 | 1,522 | ||||||
Koninklijke DSM NV | 44,292 | 2,721 | ||||||
Royal Dutch Shell PLC ADR | 15,753 | 1,154 | ||||||
9,983 | ||||||||
Norway (1.0%) | ||||||||
Telenor ASA | 161,587 | 2,659 | ||||||
Russian Federation (1.4%) | ||||||||
Gazprom OAO SP ADR | 52,714 | 1,706 | ||||||
MMC Norilsk Nickel ADR | 68,341 | 1,807 | ||||||
3,513 | ||||||||
49
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Singapore (2.0%) | ||||||||
United Overseas Bank Ltd. | 186,305 | 2,779 | ||||||
Venture Corp. Ltd. | 301,685 | 2,300 | ||||||
5,079 | ||||||||
South Korea (4.0%) | ||||||||
Hyundai Motor Co. | 10,153 | 1,879 | ||||||
Kia Motors Corp. | 32,010 | 2,013 | ||||||
Korea Gas Corp. | 106,938 | 3,568 | ||||||
SKC Co. Ltd. | 61,300 | 2,889 | ||||||
10,349 | ||||||||
Spain (2.5%) | ||||||||
Banco Santander SA | 204,056 | 2,369 | ||||||
Telefonica SA | 163,410 | 4,091 | ||||||
6,460 | ||||||||
Sweden (1.8%) | ||||||||
Alfa Laval AB | 118,999 | 2,585 | ||||||
Swedbank AB, Cl A | 118,137 | 2,021 | ||||||
4,606 | ||||||||
Switzerland (5.2%) | ||||||||
ABB Ltd.* | 165,384 | 3,972 | ||||||
ABB Ltd.* | 53,768 | 1,299 | ||||||
Roche Holding AG | 14,178 | 2,025 | ||||||
Transocean Ltd.* | 25,219 | 1,966 | ||||||
Xstrata PLC | 181,337 | 4,239 | ||||||
13,501 | ||||||||
Thailand (2.4%) | ||||||||
Bangkok Dusit Medical Services PCL | 824,400 | 1,411 | ||||||
Bangkok Life Assurance PCL | 1,085,400 | 1,274 | ||||||
Kasikornbank PCL | 475,700 | 1,997 | ||||||
Krung Thai Bank PCL | 2,525,100 | 1,536 | ||||||
6,218 | ||||||||
Turkey (0.7%) | ||||||||
Tofas Turk Otomobil Fabrikasi AS | 344,833 | 1,947 | ||||||
United Kingdom (17.7%) | ||||||||
3i Group PLC | 316,501 | 1,518 | ||||||
AstraZeneca PLC | 70,056 | 3,218 | ||||||
Aviva PLC | 594,375 | 4,127 | ||||||
BAE Systems PLC | 248,337 | 1,294 | ||||||
BP PLC | 118,352 | 862 | ||||||
BP PLC SP ADR | 110,241 | 4,866 | ||||||
British American Tobacco PLC | 104,300 | 4,186 | ||||||
Fresnillo PLC | 61,902 | 1,532 | ||||||
Legal & General Group PLC | 1,557,351 | 2,878 | ||||||
Rio Tinto PLC SP ADR(a) | 113,463 | 8,070 | ||||||
Royal Dutch Shell PLC, Cl A | 104,998 | 3,813 | ||||||
Royal Dutch Shell PLC, Cl B | 103,721 | 3,760 | ||||||
SABMiller PLC | 122,411 | 4,335 | ||||||
Subsea 7 SA* | 55,801 | 1,410 | ||||||
45,869 | ||||||||
Total Foreign Common Stocks (Cost $206,535) | 256,136 | |||||||
Foreign Preferred Stocks (1.4%) | ||||||||
Brazil (1.4%) | ||||||||
Vale SA, Cl A, 2.67% | 72,345 | 2,100 | ||||||
Vivo Participacoes SA, 8.47% | 34,359 | 1,360 | ||||||
3,460 | ||||||||
Total Foreign Preferred Stocks (Cost $2,333) | 3,460 | |||||||
Short-Term Investment (1.7%) | ||||||||
RidgeWorth Funds Securities Lending Joint Account(b) | 4,462,100 | 4,462 | ||||||
Total Short-Term Investment (Cost $4,462) | 4,462 | |||||||
Total Investments (Cost $213,330)(c) — 101.8% | 264,058 | |||||||
Liabilities in excess of other assets — (1.8)% | (4,578 | ) | ||||||
Net Assets — 100.0% | $ | 259,480 | ||||||
* | Non-income producing security. | |
(a) | The security or a partial position of the security was on loan as of March 31, 2011. The total value of securities on loan as of March 31, 2011, in thousands, was $4,278. | |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before March 31, 2011 (See Notes to Financial Statements). |
(c) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
ADR | — American Depositary Receipt |
SP ADR | — Sponsored American Depositary Receipt |
50
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Foreign Common Stocks (98.0%) | ||||||||
Australia (4.6%) | ||||||||
AGL Energy Ltd. | 10,083 | 149 | ||||||
Alumina Ltd. | 54,806 | 139 | ||||||
Amcor Ltd. | 27,427 | 200 | ||||||
AMP Ltd. | 62,961 | 354 | ||||||
Aristocrat Leisure Ltd. | 8,984 | 30 | ||||||
Asciano Ltd. | 68,273 | 123 | ||||||
ASX Ltd. | 3,870 | 138 | ||||||
Australia & New Zealand Banking Group Ltd. | 56,894 | 1,401 | ||||||
Bendigo and Adelaide Bank Ltd. | 7,867 | 78 | ||||||
BGP Holdings PLC(a)(b) | 737,041 | — | ||||||
BHP Billiton Ltd. | 75,376 | 3,630 | ||||||
Billabong International Ltd. | 4,545 | 35 | ||||||
BlueScope Steel Ltd. | 40,955 | 84 | ||||||
Boral Ltd. | 13,369 | 69 | ||||||
Brambles Ltd. | 31,726 | 232 | ||||||
Caltex Australia Ltd. | 3,032 | 49 | ||||||
CFS Retail Property Trust REIT | 40,233 | 77 | ||||||
Coca-Cola Amatil Ltd. | 12,609 | 153 | ||||||
Cochlear Ltd. | 1,274 | 109 | ||||||
Commonwealth Bank of Australia | 34,459 | 1,868 | ||||||
Computershare Ltd. | 9,982 | 96 | ||||||
Crown Ltd. | 10,156 | 86 | ||||||
CSL Ltd. | 12,504 | 462 | ||||||
CSR Ltd. | 11,928 | 40 | ||||||
Dart Energy Ltd.* | 6,579 | 6 | ||||||
Dexus Property Group REIT | 107,045 | 94 | ||||||
DuluxGroup Ltd. | 8,109 | 23 | ||||||
Energy Resources of Australia Ltd. | 1,500 | 12 | ||||||
Fairfax Media Ltd.(c) | 47,545 | 63 | ||||||
Fortescue Metals Group Ltd. | 27,886 | 185 | ||||||
Foster’s Group Ltd. | 43,356 | 257 | ||||||
Goodman Fielder Ltd. | 31,005 | 39 | ||||||
Goodman Group | 139,381 | 99 | ||||||
GPT Group REIT | 41,637 | 135 | ||||||
Harvey Norman Holdings Ltd. | 11,929 | 37 | ||||||
Incitec Pivot Ltd. | 36,497 | 163 | ||||||
Insurance Australia Group Ltd. | 46,693 | 173 | ||||||
Leighton Holdings Ltd. | 3,022 | 92 | ||||||
Lend Lease Group | 12,074 | 113 | ||||||
Macarthur Coal Ltd. | 2,881 | 35 | ||||||
Macquarie Group Ltd. | 7,522 | 285 | ||||||
MAp Group | 16,725 | 53 | ||||||
Metcash Ltd. | 17,197 | 74 | ||||||
Mirvac Group REIT | 67,095 | 86 | ||||||
National Australia Bank Ltd. | 47,604 | 1,273 | ||||||
Newcrest Mining Ltd. | 17,646 | 727 | ||||||
OneSteel Ltd. | 29,837 | 75 | ||||||
Orica Ltd. | 8,109 | 221 | ||||||
Origin Energy Ltd. | 19,727 | 331 | ||||||
OZ Minerals Ltd. | 70,108 | 116 | ||||||
Paladin Energy Ltd.* | 15,302 | 57 | ||||||
Qantas Airways Ltd.* | 24,928 | 56 | ||||||
QBE Insurance Group Ltd. | 23,028 | 421 | ||||||
Rio Tinto Ltd. | 9,787 | 858 | ||||||
Santos Ltd. | 18,693 | 301 | ||||||
Sims Metal Management Ltd. | 3,657 | 66 | ||||||
Sonic Healthcare Ltd. | 8,288 | 103 | ||||||
SP Ausnet | 30,379 | 28 | ||||||
Stockland REIT | 53,526 | 205 | ||||||
Suncorp Group Ltd. | 30,294 | 266 | ||||||
TABCORP Holdings Ltd. | 13,652 | 106 | ||||||
Tatts Group Ltd. | 28,652 | 69 | ||||||
Telstra Corp. Ltd. | 97,816 | 285 | ||||||
Toll Holdings Ltd. | 14,925 | 92 | ||||||
Transurban Group | 28,598 | 159 | ||||||
Wesfarmers Ltd. | 22,577 | 742 | ||||||
Wesfarmers Ltd. PPS | 3,414 | 114 | ||||||
Westfield Group REIT | 49,240 | 476 | ||||||
Westfield Retail Trust REIT | 49,240 | 133 | ||||||
Westpac Banking Corp. | 66,853 | 1,682 | ||||||
Woodside Petroleum Ltd. | 12,220 | 592 | ||||||
Woolworths Ltd. | 27,850 | 774 | ||||||
WorleyParsons Ltd. | 4,299 | 138 | ||||||
22,092 | ||||||||
Austria (1.8%) | ||||||||
Erste Group Bank AG | 41,896 | 2,114 | ||||||
Immofinanz AG*(c) | 220,519 | 996 | ||||||
OMV AG | 33,254 | 1,503 | ||||||
Raiffeisen Bank International AG | 12,003 | 666 | ||||||
Telekom Austria AG | 73,690 | 1,078 | ||||||
Verbund AG | 16,744 | 744 | ||||||
Vienna Insurance Group | 8,515 | 486 | ||||||
Voestalpine AG | 24,362 | 1,144 | ||||||
8,731 | ||||||||
Belgium (2.0%) | ||||||||
Ageas | 202,366 | 575 | ||||||
Anheuser-Busch InBev NV | 65,394 | 3,725 | ||||||
Bekaert SA | 2,500 | 285 | ||||||
Belgacom SA | 13,778 | 534 | ||||||
Colruyt SA | 6,824 | 359 | ||||||
Compagnie Nationale a Portefeuille | 2,493 | 172 | ||||||
Delhaize Group SA | 9,139 | 744 | ||||||
Dexia SA* | 50,359 | 196 | ||||||
Groupe Bruxelles Lambert SA | 7,309 | 683 |
51
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Belgium—continued | ||||||||
KBC Groep NV* | 14,583 | 548 | ||||||
Mobistar SA | 2,448 | 170 | ||||||
Solvay SA | 5,371 | 636 | ||||||
UCB SA | 9,133 | 347 | ||||||
Umicore | 10,325 | 512 | ||||||
9,486 | ||||||||
Cayman Islands (0.0%) | ||||||||
Sands China Ltd.* | 32,497 | 72 | ||||||
Wynn Macau Ltd. | 23,825 | 67 | ||||||
139 | ||||||||
Cyprus (0.1%) | ||||||||
Bank of Cyprus Public Co. Ltd. | 150,277 | 545 | ||||||
Denmark (1.5%) | ||||||||
A.P. Moller — Maersk A/S, Cl B(c) | 76 | 715 | ||||||
A.P. Moller — Maersk A/S, Cl A(c) | 32 | 294 | ||||||
Carlsberg A/S, Cl B | 6,326 | 681 | ||||||
Coloplast A/S, Cl B | 1,347 | 195 | ||||||
Danske Bank A/S* | 28,835 | 638 | ||||||
DSV A/S | 12,371 | 305 | ||||||
Novo Nordisk A/S, Cl B(c) | 23,827 | 2,994 | ||||||
Novozymes A/S, Cl B | 2,730 | 418 | ||||||
Pandora A/S* | 4,180 | 213 | ||||||
Tryg A/S | 1,512 | 89 | ||||||
Vestas Wind Systems A/S* | 10,871 | 472 | ||||||
William Demant Holding A/S* | 1,398 | 121 | ||||||
7,135 | ||||||||
Finland (1.0%) | ||||||||
Elisa Oyj | 5,385 | 119 | ||||||
Fortum Oyj*(c) | 17,985 | 611 | ||||||
Kesko Oyj, Cl B* | 2,703 | 126 | ||||||
Kone Oyj, Cl B | 6,241 | 359 | ||||||
Metso Oyj(c) | 5,172 | 278 | ||||||
Neste Oil Oyj | 5,191 | 107 | ||||||
Nokia Oyj | 147,298 | 1,260 | ||||||
Nokian Renkaat Oyj | 4,358 | 185 | ||||||
Orion Oyj, Cl B*(c) | 3,649 | 89 | ||||||
Outokumpu Oyj(c) | 5,167 | 89 | ||||||
Pohjola Bank PLC(c) | 5,590 | 76 | ||||||
Rautaruukki Oyj(c) | 3,407 | 82 | ||||||
Sampo Oyj, Cl A(c) | 17,012 | 543 | ||||||
Sanoma Oyj(c) | 3,262 | 74 | ||||||
Stora Enso Oyj | 23,552 | 281 | ||||||
UPM-Kymmene Oyj* | 21,047 | 445 | ||||||
Wartsila Oyj | 6,388 | 249 | ||||||
4,973 | ||||||||
France (11.6%) | ||||||||
Accor SA | 7,333 | 329 | ||||||
Aeroports de Paris | 1,483 | 137 | ||||||
Air France-KLM* | 6,765 | 113 | ||||||
Air Liquide SA*(b) | 17,547 | 2,332 | ||||||
Air Liquide SA*(a)(b) | 2,545 | 338 | ||||||
Alcatel-Lucent* | 116,005 | 666 | ||||||
Alstom | 10,294 | 609 | ||||||
Atos Origin SA* | 2,266 | 133 | ||||||
AXA SA | 85,957 | 1,796 | ||||||
bioMerieux | 592 | 62 | ||||||
BNP Paribas | 47,456 | 3,471 | ||||||
Bouygues SA | 11,525 | 553 | ||||||
Bureau Veritas SA | 2,442 | 192 | ||||||
Cap Gemini SA | 7,320 | 425 | ||||||
Carrefour SA | 29,974 | 1,327 | ||||||
Casino Guichard-Perrachon SA | 2,763 | 261 | ||||||
Christian Dior SA | 3,180 | 448 | ||||||
CNP Assurances | 7,425 | 158 | ||||||
Compagnie de Saint — Gobain | 19,250 | 1,179 | ||||||
Compagnie Generale d’Optique Essilor International SA | 10,248 | 761 | ||||||
Compagnie Generale de Geophysique-Veritas* | 7,186 | 259 | ||||||
Compagnie Generale des Etablissements Michelin, Cl B | 7,378 | 623 | ||||||
Credit Agricole SA | 46,436 | 762 | ||||||
Danone SA | 29,153 | 1,904 | ||||||
Dassault Systemes SA | 2,948 | 227 | ||||||
Edenred* | 7,333 | 221 | ||||||
Eiffage SA | 2,024 | 122 | ||||||
Electricite de France | 12,959 | 537 | ||||||
Eramet | 264 | 98 | ||||||
Eurazeo | 1,465 | 115 | ||||||
European Aeronautic Defence and Space Co.* | 20,424 | 594 | ||||||
Eutelsat Communications | 4,958 | 198 | ||||||
Fonciere Des Regions | 1,215 | 129 | ||||||
France Telecom SA | 92,784 | 2,079 | ||||||
GDF SUEZ | 62,233 | 2,536 | ||||||
Gecina SA | 938 | 129 | ||||||
Groupe Eurotunnel SA | 24,044 | 256 | ||||||
ICADE REIT | 1,165 | 144 | ||||||
Iliad SA | 815 | 98 | ||||||
Imerys | 1,893 | 139 | ||||||
Ipsen SA | 1,480 | 53 | ||||||
JCDecaux SA* | 3,321 | 111 | ||||||
Klepierre | 4,558 | 185 | ||||||
L’Oreal SA | 11,994 | 1,397 | ||||||
Lagardere SCA | 5,909 | 252 | ||||||
Legrand SA | 6,596 | 274 |
52
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
France—continued | ||||||||
LVMH Moet Hennessy Louis Vuitton SA | 12,272 | 1,943 | ||||||
Metropole Television SA | 3,227 | 84 | ||||||
Natixis* | 43,666 | 247 | ||||||
Neopost SA | 1,561 | 137 | ||||||
PagesJaunes SA(c) | 6,327 | 63 | ||||||
Pernod-Ricard SA | 9,903 | 925 | ||||||
Peugeot SA* | 7,614 | 301 | ||||||
PPR | 3,797 | 582 | ||||||
Publicis Groupe SA | 6,432 | 361 | ||||||
Renault SA* | 9,626 | 532 | ||||||
Safran SA | 8,344 | 295 | ||||||
Sanofi-Aventis | 51,888 | 3,638 | ||||||
Schneider Electric SA | 11,836 | 2,023 | ||||||
Scor SE | 8,293 | 226 | ||||||
Societe BIC SA | 1,334 | 119 | ||||||
Societe Generale | 31,684 | 2,059 | ||||||
Societe Lafarge(a)(b) | 12,479 | 778 | ||||||
Societe Television Francaise 1 | 5,877 | 108 | ||||||
Sodexo | 4,722 | 345 | ||||||
Suez Environnement SA | 13,483 | 279 | ||||||
Technip SA | 4,921 | 525 | ||||||
Thales SA | 4,486 | 179 | ||||||
Total SA | 104,656 | 6,371 | ||||||
Unibail-Rodamco | 4,571 | 990 | ||||||
Vallourec SA | 5,441 | 610 | ||||||
Veolia Environnement SA | 17,280 | 537 | ||||||
Vinci SA | 21,782 | 1,361 | ||||||
Vivendi SA | 61,501 | 1,756 | ||||||
56,106 | ||||||||
Germany (15.0%) | ||||||||
Adidas AG | 16,720 | 1,054 | ||||||
Allianz SE | 36,256 | 5,088 | ||||||
Axel Springer AG* | 1,116 | 180 | ||||||
BASF SE | 73,372 | 6,346 | ||||||
Bayer AG | 66,058 | 5,115 | ||||||
Bayerische Motoren Werke AG | 26,450 | 2,202 | ||||||
Beiersdorf AG | 8,061 | 492 | ||||||
Brenntag AG* | 2,546 | 283 | ||||||
Celesio AG | 6,114 | 150 | ||||||
Commerzbank AG*(c) | 56,623 | 441 | ||||||
Continental AG* | 4,026 | 363 | ||||||
Daimler AG* | 72,053 | 5,090 | ||||||
Deutsche Bank AG | 74,416 | 4,375 | ||||||
Deutsche Boerse AG | 15,574 | 1,182 | ||||||
Deutsche Lufthansa AG* | 18,291 | 388 | ||||||
Deutsche Post AG | 67,604 | 1,219 | ||||||
Deutsche Telekom AG | 226,451 | 3,489 | ||||||
E.ON AG | 143,850 | 4,393 | ||||||
Fraport AG | 2,933 | 215 | ||||||
Fresenius SE | 8,692 | 804 | ||||||
GEA Group AG | 13,219 | 435 | ||||||
Hannover Rueckversicherung AG | 4,817 | 263 | ||||||
HeidelbergCement AG | 11,234 | 785 | ||||||
Henkel AG & Co. KGaA | 10,375 | 542 | ||||||
Hochtief AG | 3,638 | 391 | ||||||
Infineon Technologies AG | 86,813 | 890 | ||||||
K+S AG | 11,466 | 866 | ||||||
Kabel Deutschland Holding AG* | 3,814 | 202 | ||||||
Lanxess AG | 6,995 | 523 | ||||||
Linde AG | 13,487 | 2,130 | ||||||
MAN SE | 8,446 | 1,053 | ||||||
Merck KGaA | 5,164 | 466 | ||||||
Metro AG | 10,367 | 708 | ||||||
Muenchener Rueckversicherungs AG | 14,697 | 2,312 | ||||||
Puma AG Rudolf Dassler Sport | 424 | 124 | ||||||
RWE AG | 33,445 | 2,130 | ||||||
Salzgitter AG | 3,362 | 266 | ||||||
SAP AG | 68,558 | 4,197 | ||||||
Siemens AG | 65,205 | 8,937 | ||||||
Suedzucker AG | 5,295 | 148 | ||||||
ThyssenKrupp AG | 26,713 | 1,092 | ||||||
TUI AG*(c) | 11,054 | 132 | ||||||
United Internet AG | 9,584 | 173 | ||||||
Volkswagen AG | 2,357 | 362 | ||||||
Wacker Chemie AG | 1,253 | 282 | ||||||
72,278 | ||||||||
Greece (1.1%) | ||||||||
Alpha Bank AE* | 104,920 | 677 | ||||||
Coca-Cola Hellenic Bottling Co. SA | 34,688 | 932 | ||||||
EFG Eurobank Ergasias SA* | 61,301 | 382 | ||||||
Hellenic Telecommunications Organization SA | 46,504 | 519 | ||||||
National Bank of Greece SA* | 185,387 | 1,650 | ||||||
OPAP SA | 42,323 | 906 | ||||||
Public Power Corp. SA | 22,005 | 383 | ||||||
5,449 | ||||||||
Guernsey (0.0%) | ||||||||
Resolution Ltd. | 27,985 | 133 | ||||||
Hong Kong (1.0%) | ||||||||
AIA Group Ltd.* | 130,635 | 402 | ||||||
ASM Pacific Technology Ltd. | 2,992 | 38 | ||||||
Bank of East Asia Ltd. | 23,835 | 102 | ||||||
BOC Hong Kong Holdings Ltd. | 58,351 | 190 | ||||||
Cathay Pacific Airways Ltd. | 18,160 | 44 |
53
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Hong Kong—continued | ||||||||
Cheung Kong (Holdings) Ltd. | 21,984 | 359 | ||||||
Cheung Kong Infrastructure Holdings Ltd. | 7,647 | 36 | ||||||
CLP Holdings Ltd. | 31,525 | 256 | ||||||
Esprit Holdings Ltd. | 18,358 | 84 | ||||||
Foxconn International Holdings Ltd.*(c) | 32,015 | 19 | ||||||
Hang Lung Group Ltd. | 11,470 | 72 | ||||||
Hang Lung Properties Ltd. | 31,844 | 139 | ||||||
Hang Seng Bank Ltd. | 12,240 | 198 | ||||||
Henderson Land Development Co. Ltd. | 16,281 | 113 | ||||||
Hong Kong & China Gas Co. Ltd. (The) | 76,046 | 182 | ||||||
Hong Kong Electric Holdings Ltd. | 21,349 | 142 | ||||||
Hong Kong Exchanges & Clearing Ltd. | 16,201 | 351 | ||||||
Hopewell Holdings Ltd. | 8,603 | 26 | ||||||
Hutchison Whampoa Ltd. | 32,163 | 381 | �� | |||||
Hysan Development Co. Ltd. | 9,558 | 39 | ||||||
Kerry Properties Ltd. | 10,928 | 55 | ||||||
Li & Fung Ltd. | 34,094 | 174 | ||||||
Lifestyle International Holdings Ltd. | 8,603 | 21 | ||||||
Link REIT (The) | 36,428 | 114 | ||||||
Mongolia Energy Co. Ltd.* | 46,834 | 9 | ||||||
MTR Corp. | 21,915 | 81 | ||||||
New World Development Ltd. | 38,344 | 68 | ||||||
Noble Group Ltd. | 79,027 | 134 | ||||||
NWS Holdings Ltd. | 20,875 | 32 | ||||||
Orient Overseas International Ltd. | 3,824 | 40 | ||||||
PCCW Ltd. | 56,392 | 23 | ||||||
Shangri-La Asia Ltd. | 20,868 | 53 | ||||||
Sino Land Co. Ltd. | 26,720 | 48 | ||||||
Sun Hung Kai Properties Ltd. | 22,142 | 351 | ||||||
Swire Pacific Ltd. | 11,802 | 173 | ||||||
Television Broadcasts Ltd. | 4,367 | 26 | ||||||
Wharf Holdings Ltd. (The) | 23,957 | 166 | ||||||
Wheelock & Co. Ltd. | 13,381 | 50 | ||||||
Wing Hang Bank Ltd. | 2,708 | 32 | ||||||
Yue Yuen Industrial (Holdings) Ltd. | 12,426 | 39 | ||||||
4,862 | ||||||||
Ireland (1.0%) | ||||||||
Anglo Irish Bank PLC*(a)(b) | 8,839 | — | ||||||
Anglo Irish Bank PLC*(b)(c) | 143,993 | — | ||||||
CRH PLC | 117,734 | 2,700 | ||||||
Elan Corp. PLC* | 78,930 | 543 | ||||||
Experian PLC | 19,715 | 244 | ||||||
James Hardie Industries SE* | 9,760 | 62 | ||||||
Kerry Group PLC, Cl A | 22,261 | 829 | ||||||
Ryanair Holdings PLC | 58,699 | 279 | ||||||
WPP PLC | 24,097 | 297 | ||||||
4,954 | ||||||||
Israel (0.6%) | ||||||||
Bank Hapoalim BM* | 39,370 | 205 | ||||||
Bank Leumi Le-Israel BM | 47,151 | 241 | ||||||
Bezeq Israeli Telecommunication Corp. Ltd. | 68,667 | 204 | ||||||
Cellcom Israel Ltd. | 1,832 | 60 | ||||||
Discount Investment Corp. | 917 | 19 | ||||||
Elbit Systems Ltd. | 917 | 51 | ||||||
Israel Chemicals Ltd. | 17,395 | 286 | ||||||
Israel Discount Bank Ltd., Cl A* | 21,059 | 44 | ||||||
Makhteshim-Agan Industries Ltd.* | 9,614 | 51 | ||||||
Mizrahi Tefahot Bank Ltd. | 5,036 | 57 | ||||||
NICE Systems Ltd.* | 2,289 | 85 | ||||||
Ormat Industries Ltd. | 2,289 | 17 | ||||||
Partner Communications Co. Ltd. | 3,205 | 61 | ||||||
Teva Pharmaceutical Industries Ltd. SP ADR | 30,195 | 1,515 | ||||||
2,896 | ||||||||
Italy (9.1%) | ||||||||
A2A SpA | 150,974 | 245 | ||||||
Assicurazioni Generali SpA | 160,761 | 3,481 | ||||||
Atlantia SpA | 41,336 | 947 | ||||||
Autogrill SpA* | 15,770 | 222 | ||||||
Banca Carige SpA | 77,802 | 184 | ||||||
Banca Monte dei Paschi di Siena SpA*(c) | 305,449 | 381 | ||||||
Banco Popolare Scarl | 199,856 | 596 | ||||||
Beni Stabili SpA* | 6,379 | 7 | ||||||
Enel Green Power SpA* | 193,627 | 537 | ||||||
Enel SpA | 906,269 | 5,713 | ||||||
Eni SpA | 358,452 | 8,804 | ||||||
Exor SpA | 8,820 | 271 | ||||||
Fiat Industrial SpA* | 104,656 | 1,503 | ||||||
Fiat SpA | 105,269 | 953 | ||||||
Finmeccanica SpA | 55,719 | 701 | ||||||
Intesa Sanpaolo SpA | 1,060,433 | 3,138 | ||||||
Intesa Sanpaolo SpA — RSP | 128,385 | 339 | ||||||
Luxottica Group SpA | 15,993 | 522 | ||||||
Mediaset SpA | �� | 97,583 | 620 | |||||
Mediobanca SpA | 65,202 | 667 |
54
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Italy—continued | ||||||||
Parmalat SpA | 237,839 | 797 | ||||||
Pirelli & C SpA | 35,490 | 312 | ||||||
Prelios SpA* | 47,618 | 37 | ||||||
Prysmian SpA | 25,022 | 537 | ||||||
Saipem SpA | 36,453 | 1,938 | ||||||
Snam Rete Gas SpA | 196,654 | 1,105 | ||||||
Telecom Italia SpA | 2,118,731 | 3,098 | ||||||
Terna SpA | 179,069 | 857 | ||||||
UniCredit SpA | 1,863,224 | 4,605 | ||||||
Unione di Banche Italiane Scpa | 83,625 | 715 | ||||||
43,832 | ||||||||
Japan (18.7%) | ||||||||
77 Bank Ltd. (The) | 12,238 | 61 | ||||||
ABC-Mart, Inc. | 861 | 31 | ||||||
ACOM Co. Ltd.* | 1,550 | 21 | ||||||
ADVANTEST Corp. | 6,311 | 114 | ||||||
AEON Co. Ltd. | 23,643 | 274 | ||||||
AEON Credit Service Co. Ltd. | 2,870 | 40 | ||||||
AEON Mall Co. Ltd. | 3,463 | 74 | ||||||
Air Water, Inc. | 6,696 | 82 | ||||||
Aisin Seiki Co. Ltd. | 7,458 | 259 | ||||||
Ajinomoto Co., Inc. | 24,552 | 256 | ||||||
Alfresa Holdings Corp. | 1,339 | 51 | ||||||
All Nippon Airways Co. Ltd. | 30,832 | 92 | ||||||
Amada Co. Ltd. | 11,847 | 99 | ||||||
Aozora Bank Ltd.(c) | 18,173 | 41 | ||||||
Asahi Breweries Ltd. | 15,261 | 254 | ||||||
Asahi Glass Co. Ltd. | 41,975 | 528 | ||||||
Asahi Kasei Corp. | 51,756 | 349 | ||||||
ASICS Corp. | 5,874 | 79 | ||||||
Astellas Pharma, Inc. | 17,938 | 664 | ||||||
Bank of Kyoto Ltd. (The) | 11,057 | 98 | ||||||
Bank of Yokohama Ltd. (The) | 50,328 | 239 | ||||||
Benesse Holdings, Inc. | 2,694 | 110 | ||||||
Bridgestone Corp. | 25,711 | 539 | ||||||
Brother Industries Ltd. | 9,565 | 141 | ||||||
Canon Marketing Japan, Inc. | 2,487 | 31 | ||||||
Canon, Inc. | 44,769 | 1,948 | ||||||
Casio Computer Co. Ltd.(c) | 9,309 | 74 | ||||||
Central Japan Railway Co. | 60 | 475 | ||||||
Chiba Bank Ltd. (The) | 27,867 | 156 | ||||||
Chiyoda Corp. | 5,751 | 53 | ||||||
Chubu Electric Power Co., Inc. | 26,140 | 581 | ||||||
Chugai Pharmaceutical Co. Ltd. | 8,637 | 149 | ||||||
Chugoku Bank Ltd. (The) | 7,652 | 87 | ||||||
Chugoku Electric Power Co., Inc. (The) | 11,588 | 214 | ||||||
Chuo Mitsui Trust Holdings, Inc. | 38,744 | 137 | ||||||
Citizen Holdings Co. Ltd. | 9,563 | 55 | ||||||
Coca-Cola West Co. Ltd. | 2,105 | 40 | ||||||
Cosmo Oil Co. Ltd. | 21,998 | 68 | ||||||
Credit Saison Co. Ltd. | 5,709 | 92 | ||||||
Dai Nippon Printing Co. Ltd. | 21,725 | 265 | ||||||
Dai-ichi Life Insurance Co. Ltd. (The) | 322 | 486 | ||||||
Daicel Chemical Industries Ltd. | 9,565 | 59 | ||||||
Daido Steel Co. Ltd. | 10,399 | 59 | ||||||
Daihatsu Motor Co. Ltd.(c) | 7,652 | 111 | ||||||
Daiichi Sankyo Co. Ltd. | 26,673 | 515 | ||||||
Daikin Industries Ltd. | 9,100 | 273 | ||||||
Dainippon Sumitomo Pharma Co. Ltd. | 6,409 | 60 | ||||||
Daito Trust Construction Co. Ltd. | 2,851 | 196 | ||||||
Daiwa House Industry Co. Ltd. | 18,751 | 230 | ||||||
Daiwa Securities Group, Inc. | 65,985 | 303 | ||||||
DeNa Co. Ltd. | 2,751 | 99 | ||||||
Denki Kagaku Kogyo Kabushiki Kaisha | 17,629 | 87 | ||||||
DENSO Corp. | 19,390 | 643 | ||||||
Dentsu, Inc. | 6,610 | 171 | ||||||
Dowa Holdings Co. Ltd. | 9,166 | 57 | ||||||
East Japan Railway Co. | 13,466 | 749 | ||||||
Eisai Co. Ltd.(c) | 9,814 | 352 | ||||||
Electric Power Development Co. Ltd.(c) | 4,509 | 139 | ||||||
Elpida Memory, Inc.*(c) | 6,985 | 90 | ||||||
FamilyMart Co. Ltd. | 2,613 | 98 | ||||||
FANUC LTD. | 7,495 | 1,134 | ||||||
Fast Retailing Co. Ltd. | 2,192 | 274 | ||||||
Fuji Electric Holdings Co. Ltd.(c) | 21,042 | 67 | ||||||
Fuji Heavy Industries Ltd.(c) | 21,998 | 142 | ||||||
Fuji Media Holdings, Inc. | 19 | 27 | ||||||
FUJIFILM Holdings Corp. | 18,418 | 570 | ||||||
Fujitsu Ltd. | 72,674 | 411 | ||||||
Fukuoka Financial Group, Inc. | 28,329 | 118 | ||||||
Furukawa Electric Co. Ltd.(c) | 22,878 | 92 | ||||||
GS Yuasa Corp.(c) | 13,391 | 89 | ||||||
Gunma Bank Ltd. (The) | 13,984 | 74 | ||||||
Hachijuni Bank Ltd. (The) | 15,303 | 88 | ||||||
Hakuhodo DY Holdings, Inc. | 909 | 48 | ||||||
Hankyu Hanshin Holdings, Inc. | 46,619 | 215 | ||||||
Hino Motors Ltd. | 9,541 | 47 | ||||||
Hirose Electric Co. Ltd. | 1,054 | 114 | ||||||
Hiroshima Bank Ltd. (The) | 18,173 | 79 | ||||||
Hisamitsu Pharmaceutical Co., Inc. | 2,487 | 100 | ||||||
Hitachi Chemical Co. Ltd. | 4,321 | 88 |
55
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Japan—continued | ||||||||
Hitachi Construction Machinery Co. Ltd. | 3,873 | 97 | ||||||
Hitachi High-Technologies Corp. | 2,487 | 50 | ||||||
Hitachi Ltd. | 178,846 | 931 | ||||||
Hitachi Metals Ltd.(c) | 7,652 | 96 | ||||||
Hokkaido Electric Power Co., Inc. | 7,140 | 138 | ||||||
Hokuhoku Financial Group, Inc. | 50,963 | 99 | ||||||
Hokuriku Electric Power Co. | 6,999 | 159 | ||||||
Honda Motor Co. Ltd. | 65,435 | 2,458 | ||||||
Hoya Corp. | 17,011 | 388 | ||||||
Ibiden Co. Ltd. | 5,158 | 163 | ||||||
Idemitsu Kosan Co. Ltd. | 813 | 95 | ||||||
IHI Corp. | 52,841 | 129 | ||||||
Inpex Corp. | 73 | 554 | ||||||
Isetan Mitsukoshi Holdings Ltd.* | 14,882 | 134 | ||||||
Isuzu Motors Ltd. | 49,124 | 194 | ||||||
ITO EN Ltd. | 2,296 | 40 | ||||||
ITOCHU Corp. | 59,967 | 628 | ||||||
Itochu Techno-Solutions Corp. | 1,074 | 35 | ||||||
Iyo Bank Ltd. (The) | 8,515 | 71 | ||||||
J. Front Retailing Co. Ltd. | 17,363 | 72 | ||||||
JAFCO Co. Ltd. | 1,053 | 27 | ||||||
Japan Petroleum Exploration Co. | 957 | 48 | ||||||
Japan Prime Realty Investment Corp. REIT | 27 | 73 | ||||||
Japan Real Estate Investment Corp. REIT | 19 | 180 | ||||||
Japan Retail Fund Investment Corp. REIT | 66 | 103 | ||||||
Japan Steel Works Ltd. (The) | 11,040 | 86 | ||||||
Japan Tobacco, Inc. | 179 | 647 | ||||||
JFE Holdings, Inc. | 18,110 | 530 | ||||||
JGC Corp. | 7,795 | 182 | ||||||
Joyo Bank Ltd. (The) | 23,535 | 93 | ||||||
JS Group Corp. | 10,042 | 261 | ||||||
JSR Corp. | 7,000 | 140 | ||||||
JTEKT Corp. | 7,556 | 98 | ||||||
Jupiter Telecommunications Co. Ltd. | 96 | 94 | ||||||
JX Holdings, Inc. | 90,657 | 610 | ||||||
Kajima Corp. | 36,431 | 102 | ||||||
Kamigumi Co. Ltd. | 9,753 | 83 | ||||||
Kaneka Corp. | 10,300 | 72 | ||||||
Kansai Electric Power Co., Inc. (The)(c) | 29,999 | 653 | ||||||
Kansai Paint Co. Ltd. | 7,922 | 69 | ||||||
Kao Corp. | 22,101 | 551 | ||||||
Kawasaki Heavy Industries Ltd.(c) | 56,154 | 247 | ||||||
Kawasaki Kisen Kaisha Ltd. | 26,015 | 96 | ||||||
KDDI Corp. | 116 | 718 | ||||||
Keikyu Corp. | 21,728 | 156 | ||||||
Keio Corp. | 21,927 | 131 | ||||||
Keisei Electric Railway Co. Ltd. | 9,565 | 55 | ||||||
Keyence Corp. | 1,694 | 434 | ||||||
Kikkoman Corp. | 6,191 | 58 | ||||||
Kinden Corp. | 5,739 | 52 | ||||||
Kintetsu Corp.(c) | 62,643 | 201 | ||||||
Kirin Holdings Co. Ltd. | 35,828 | 471 | ||||||
Kobe Steel Ltd. | 95,711 | 249 | ||||||
Koito Manufacturing Co. Ltd. | 4,783 | 77 | ||||||
Komatsu Ltd.(c) | 37,707 | 1,281 | ||||||
Konami Corp. | 3,913 | 72 | ||||||
Konica Minolta Holdings, Inc. | 19,471 | 163 | ||||||
Kubota Corp. | 44,700 | 421 | ||||||
Kuraray Co. Ltd. | 12,430 | 160 | ||||||
Kurita Water Industries Ltd. | 4,640 | 137 | ||||||
Kyocera Corp. | 6,476 | 656 | ||||||
Kyowa Hakko Kirin Co. Ltd. | 9,418 | 88 | ||||||
Kyushu Electric Power Co., Inc. | 14,890 | 291 | ||||||
Lawson, Inc. | 2,375 | 114 | ||||||
Mabuchi Motor Co. Ltd. | 921 | 44 | ||||||
Makita Corp. | 4,549 | 212 | ||||||
Marubeni Corp. | 66,134 | 476 | ||||||
Marui Group Co. Ltd. | 8,638 | 56 | ||||||
Maruichi Steel Tube Ltd. | 1,818 | 45 | ||||||
Matsui Securities Co. Ltd. | 4,934 | 27 | ||||||
Mazda Motor Corp. | 59,070 | 130 | ||||||
McDonald’s Holdings Co. (Japan) Ltd. | 2,392 | 58 | ||||||
Medipal Holdings Corp. | 5,835 | 52 | ||||||
Meiji Holdings Co. Ltd. | 2,501 | 101 | ||||||
Minebea Co. Ltd. | 13,172 | 73 | ||||||
Mitsubishi Chemical Holdings Corp. | 47,027 | 296 | ||||||
Mitsubishi Corp. | 53,600 | 1,488 | ||||||
Mitsubishi Electric Corp. | 75,801 | 895 | ||||||
Mitsubishi Estate Co. Ltd. | 48,508 | 821 | ||||||
Mitsubishi Gas Chemical Co., Inc. | 13,531 | 97 | ||||||
Mitsubishi Heavy Industries Ltd. | 121,340 | 557 | ||||||
Mitsubishi Logistics Corp. | 5,739 | 64 | ||||||
Mitsubishi Materials Corp. | 44,498 | 151 | ||||||
Mitsubishi Motors Corp.* | 156,110 | 191 | ||||||
Mitsubishi Tanabe Pharma Corp. | 8,021 | 130 |
56
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Japan—continued | ||||||||
Mitsubishi UFJ Financial Group, Inc. | 504,336 | 2,328 | ||||||
Mitsubishi UFJ Lease & Finance Co. Ltd. | 2,336 | 94 | ||||||
Mitsui & Co. Ltd. | 68,994 | 1,237 | ||||||
Mitsui Chemicals, Inc. | 33,642 | 119 | ||||||
Mitsui Engineering & Shipbuilding Co. Ltd. | 26,896 | 64 | ||||||
Mitsui Fudosan Co. Ltd. | 32,887 | 543 | ||||||
Mitsui Mining & Smelting Co. Ltd. | 21,998 | 76 | ||||||
Mitsui O.S.K. Lines Ltd. | 46,240 | 266 | ||||||
Mitsumi Electric Co. Ltd. | 3,061 | 41 | ||||||
Mizuho Financial Group, Inc. | 809,110 | 1,342 | ||||||
Mizuho Securities Co. Ltd. | 21,030 | 56 | ||||||
Mizuho Trust & Banking Co. Ltd.*(c) | 60,158 | 54 | ||||||
MS&AD Insurance Group Holdings, Inc. | 21,491 | 489 | ||||||
Murata Manufacturing Co. Ltd. | 7,917 | 570 | ||||||
Namco Bandai Holdings, Inc. | 7,238 | 79 | ||||||
NEC Corp.* | 102,569 | 223 | ||||||
NGK Insulators Ltd. | 9,362 | 167 | ||||||
NGK Spark Plug Co. Ltd. | 8,025 | 110 | ||||||
NHK Spring Co. Ltd. | 7,652 | 76 | ||||||
Nidec Corp.(c) | 4,431 | 384 | ||||||
Nikon Corp. | 12,283 | 253 | ||||||
Nintendo Co. Ltd. | 3,880 | 1,048 | ||||||
Nippon Building Fund, Inc. REIT | 19 | 185 | ||||||
Nippon Electric Glass Co. Ltd. | 12,387 | 175 | ||||||
Nippon Express Co. Ltd. | 35,826 | 137 | ||||||
Nippon Meat Packers, Inc. | 7,357 | 93 | ||||||
Nippon Paper Group, Inc. | 3,839 | 82 | ||||||
Nippon Sheet Glass Co. Ltd. | 23,243 | 67 | ||||||
Nippon Steel Corp. | 201,595 | 645 | ||||||
Nippon Telegraph & Telephone Corp. | 18,466 | 829 | ||||||
Nippon Yusen Kabushiki Kaisha | 59,367 | 232 | ||||||
Nishi-Nippon City Bank Ltd. (The) | 24,868 | 71 | ||||||
Nissan Chemical Industries Ltd. | 6,118 | 63 | ||||||
Nissan Motor Co. Ltd. | 98,390 | 873 | ||||||
Nissha Printing Co. Ltd. | 957 | 21 | ||||||
Nisshin Seifun Group, Inc. | 6,476 | 75 | ||||||
Nisshin Steel Co. Ltd. | 25,824 | 56 | ||||||
Nisshinbo Holdings, Inc. | 5,739 | 56 | ||||||
Nissin Foods Holdings Co. Ltd.(c) | 2,628 | 93 | ||||||
Nitori Holdings Co. Ltd. | 1,367 | 120 | ||||||
Nitto Denko Corp. | 6,615 | 351 | ||||||
NKSJ Holdings, Inc. | 54,389 | 355 | ||||||
NOK Corp. | 4,088 | 72 | ||||||
Nomura Holdings, Inc. | 139,596 | 730 | ||||||
Nomura Real Estate Holdings, Inc. | 3,873 | 59 | ||||||
Nomura Real Estate Office Fund, Inc. REIT | 9 | 61 | ||||||
Nomura Research Institute Ltd. | 4,223 | 93 | ||||||
NSK Ltd. | 17,091 | 147 | ||||||
NTN Corp. | 17,831 | 86 | ||||||
NTT Data Corp. | 51 | 158 | ||||||
NTT DoCoMo, Inc. | 611 | 1,074 | ||||||
NTT Urban Development Corp. | 45 | 38 | ||||||
Obayashi Corp. | 23,582 | 105 | ||||||
OBIC Co. Ltd. | 257 | 49 | ||||||
Odakyu Electric Railway Co. Ltd.(c) | 23,279 | 196 | ||||||
OJI Paper Co. Ltd. | 31,525 | 150 | ||||||
Olympus Corp. | 7,986 | 222 | ||||||
Omron Corp. | 8,049 | 226 | ||||||
Ono Pharmaceutical Co. Ltd. | 3,577 | 176 | ||||||
Oracle Corp. Japan | 1,404 | 58 | ||||||
Oriental Land Co. Ltd. | 1,844 | 147 | ||||||
ORIX Corp. | 4,117 | 386 | ||||||
Osaka Gas Co. Ltd. | 75,437 | 301 | ||||||
Otsuka Corp. | 587 | 38 | ||||||
Otsuka Holdings Co. Ltd. | 9,340 | 231 | ||||||
Panasonic Corp. | 77,813 | 990 | ||||||
Rakuten, Inc. | 286 | 257 | ||||||
Resona Holdings, Inc. | 66,684 | 317 | ||||||
Ricoh Co. Ltd. | 24,389 | 286 | ||||||
Rinnai Corp. | 1,400 | 93 | ||||||
Rohm Co. Ltd. | 4,089 | 256 | ||||||
Sankyo Co. Ltd. | 2,035 | 104 | ||||||
Santen Pharmaceutical Co. Ltd. | 2,679 | 107 | ||||||
Sapporo Hokuyo Holdings, Inc. | 12,449 | 60 | ||||||
Sapporo Holdings Ltd. | 9,468 | 35 | ||||||
SBI Holdings, Inc. | 665 | 84 | ||||||
Secom Co. Ltd. | 8,073 | 375 | ||||||
Sega Sammy Holdings, Inc. | 7,769 | 135 | ||||||
Seiko Epson Corp. | 5,143 | 82 | ||||||
Sekisui Chemical Co. Ltd. | 14,879 | 116 | ||||||
Sekisui House Ltd. | 24,415 | 229 | ||||||
Senshu Ikeda Holdings, Inc. | 26,781 | 36 | ||||||
Seven & I Holdings Co. Ltd. | 30,543 | 779 | ||||||
Seven Bank Ltd. | 23 | 46 | ||||||
Sharp Corp.(c) | 41,336 | 410 |
57
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Japan—continued | ||||||||
Shikoku Electric Power Co., Inc. | 6,986 | 190 | ||||||
Shimadzu Corp. | 8,608 | 76 | ||||||
Shimamura Co. Ltd. | 833 | 73 | ||||||
Shimano, Inc. | 2,472 | 123 | ||||||
Shimizu Corp. | 22,400 | 100 | ||||||
Shin-Etsu Chemical Co. Ltd. | 15,953 | 793 | ||||||
Shinko Electric Industries Co. Ltd. | 2,490 | 26 | ||||||
Shinsei Bank Ltd. | 39,214 | 46 | ||||||
Shionogi & Co. Ltd. | 10,774 | 184 | ||||||
Shiseido Co. Ltd. | 12,552 | 217 | ||||||
Shizuoka Bank Ltd. (The) | 22,286 | 184 | ||||||
Showa Denko Kabushiki Kaisha | 56,401 | 113 | ||||||
Showa Shell Sekiyu Kabushiki Kaisha | 7,320 | 76 | ||||||
SMC Corp. | 1,977 | 325 | ||||||
Softbank Corp. | 32,016 | 1,278 | ||||||
Sojitz Corp. | 49,493 | 99 | ||||||
Sony Corp. | 39,765 | 1,274 | ||||||
Sony Financial Holdings, Inc. | 7,600 | 151 | ||||||
Square Enix Holdings Co. Ltd. | 2,296 | 40 | ||||||
Stanley Electric Co. Ltd. | 5,548 | 92 | ||||||
Sumco Corp.*(c) | 4,687 | 94 | ||||||
Sumitomo Chemical Co. Ltd. | 62,569 | 312 | ||||||
Sumitomo Corp. | 44,681 | 639 | ||||||
Sumitomo Electric Industries Ltd. | 30,142 | 417 | ||||||
Sumitomo Heavy Industries Ltd. | 22,293 | 146 | ||||||
Sumitomo Metal Industries Ltd. | 132,820 | 297 | ||||||
Sumitomo Metal Mining Co. Ltd. | 19,689 | 339 | ||||||
Sumitomo Mitsui Financial Group, Inc. | 52,928 | 1,645 | ||||||
Sumitomo Realty & Development Co. Ltd. | 13,450 | 269 | ||||||
Sumitomo Rubber Industries Ltd. | 6,760 | 69 | ||||||
Sumitomo Trust & Banking Co. Ltd. (The) | 56,904 | 301 | ||||||
Suruga Bank Ltd. | 7,427 | 66 | ||||||
Suzuken Co. Ltd. | 2,581 | 68 | ||||||
Suzuki Motor Corp. | 13,048 | 292 | ||||||
Sysmex Corp. | 2,296 | 81 | ||||||
T&D Holdings, Inc. | 10,830 | 267 | ||||||
Taiheiyo Cement Corp.(c) | 36,345 | 61 | ||||||
Taisei Corp. | 40,923 | 101 | ||||||
Taisho Pharmaceutical Co. Ltd. | 5,435 | 118 | ||||||
Taiyo Nippon Sanso Corp. | 10,404 | 87 | ||||||
Takashimaya Co. Ltd. | 9,832 | 63 | ||||||
Takeda Pharmaceutical Co. Ltd. | 29,579 | 1,380 | ||||||
TDK Corp. | 4,738 | 280 | ||||||
Teijin Ltd. | 38,945 | 174 | ||||||
Terumo Corp. | 6,629 | 349 | ||||||
THK Co. Ltd. | 4,921 | 124 | ||||||
Tobu Railway Co. Ltd.(c) | 30,263 | 124 | ||||||
Toho Co. Ltd. | 4,173 | 60 | ||||||
Toho Gas Co. Ltd. | 16,260 | 84 | ||||||
Tohoku Electric Power Co., Inc. | 17,048 | 288 | ||||||
Tokio Marine Holdings, Inc. | 28,529 | 763 | ||||||
Tokuyama Corp. | 9,565 | 51 | ||||||
Tokyo Electric Power Co., Inc. (The) | 56,034 | 314 | ||||||
Tokyo Electron Ltd. | 6,842 | 377 | ||||||
Tokyo Gas Co. Ltd. | 103,239 | 472 | ||||||
Tokyo Steel Manufacturing Co. Ltd. | 4,164 | 49 | ||||||
Tokyo Tatemono Co. Ltd. | 13,391 | 50 | ||||||
Tokyu Corp. | 46,267 | 192 | ||||||
Tokyu Land Corp.(c) | 16,215 | 71 | ||||||
TonenGeneral Sekiyu Kabushiki Kaisha | 9,007 | 111 | ||||||
Toppan Printing Co. Ltd. | 21,722 | 171 | ||||||
Toray Industries, Inc. | 56,674 | 412 | ||||||
Toshiba Corp. | 155,882 | 763 | ||||||
Tosoh Corp. | 19,129 | 69 | ||||||
TOTO Ltd. | 9,565 | 77 | ||||||
Toyo Seikan Kaisha Ltd. | 6,144 | 101 | ||||||
Toyo Suisan Kaisha Ltd. | 3,826 | 83 | ||||||
Toyoda Gosei Co. Ltd. | 2,392 | 50 | ||||||
Toyota Boshoku Corp. | 2,392 | 34 | ||||||
Toyota Industries Corp. | 7,066 | 214 | ||||||
Toyota Motor Corp. | 109,380 | 4,405 | ||||||
Toyota Tsusho Corp. | 8,244 | 136 | ||||||
Trend Micro, Inc. | 3,925 | 105 | ||||||
Tsumura & Co. | 2,200 | 69 | ||||||
Ube Industries Ltd. | 37,136 | 118 | ||||||
Uni-Charm Corp. | 4,392 | 160 | ||||||
UNY Co. Ltd. | 7,652 | 71 | ||||||
Ushio, Inc. | 4,124 | 81 | ||||||
USS Co. Ltd. | 938 | 73 | ||||||
West Japan Railway Co. | 69 | 266 | ||||||
Yahoo Japan Corp. | 574 | 205 | ||||||
Yakult Honsha Co. Ltd.(c) | 4,048 | 103 | ||||||
Yamada Denki Co. Ltd. | 3,242 | 219 | ||||||
Yamaguchi Financial Group, Inc. | 7,867 | 73 | ||||||
Yamaha Corp. | 6,287 | 71 |
58
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Japan—continued | ||||||||
Yamaha Motor Co. Ltd.* | 10,050 | 175 | ||||||
Yamato Holdings Co. Ltd. | 15,588 | 242 | ||||||
Yamato Kogyo Co. Ltd. | 1,531 | 51 | ||||||
Yamazaki Baking Co. Ltd. | 5,739 | 67 | ||||||
Yaskawa Electric Corp. | 8,853 | 105 | ||||||
Yokogawa Electric Corp.* | 8,386 | 64 | ||||||
90,136 | ||||||||
Jersey (0.1%) | ||||||||
Petrofac Ltd. | 4,988 | 119 | ||||||
Randgold Resources Ltd.* | 1,731 | 138 | ||||||
Shire PLC | 10,792 | 314 | ||||||
571 | ||||||||
Luxembourg (0.8%) | ||||||||
ArcelorMittal | 42,961 | 1,554 | ||||||
Millicom International Cellular SA | 2,030 | 194 | ||||||
SES | 15,002 | 387 | ||||||
Tenaris SA | 65,016 | 1,597 | ||||||
3,732 | ||||||||
Mauritius (0.0%) | ||||||||
Golden Agri-Resources Ltd. | 134,251 | 73 | ||||||
Netherlands (3.6%) | ||||||||
Aegon NV* | 86,480 | 648 | ||||||
Akzo Nobel NV | 12,821 | 881 | ||||||
ASML Holding NV* | 23,871 | 1,052 | ||||||
Corio NV REIT | 3,227 | 226 | ||||||
Delta Lloyd NV | 4,157 | 111 | ||||||
Fugro NV | 3,708 | 327 | ||||||
Heineken Holding NV | 6,105 | 293 | ||||||
Heineken NV | 13,560 | 741 | ||||||
ING Groep NV* | 212,023 | 2,683 | ||||||
Koninklijke Ahold NV | 65,971 | 885 | ||||||
Koninklijke Boskalis Westminster NV* | 3,822 | 202 | ||||||
Koninklijke DSM NV | 8,538 | 524 | ||||||
Koninklijke KPN NV | 90,156 | 1,536 | ||||||
Koninklijke Philips Electronics NV* | 53,821 | 1,720 | ||||||
Koninklijke Vopak NV | 3,895 | 187 | ||||||
QIAGEN NV* | 18,468 | 369 | ||||||
Randstad Holding NV* | 6,100 | 340 | ||||||
Reed Elsevier NV | 38,053 | 490 | ||||||
SBM Offshore NV | 9,101 | 264 | ||||||
TNT NV | 20,532 | 527 | ||||||
Unilever NV | 90,166 | 2,827 | ||||||
Wolters Kluwer NV | 16,206 | 379 | ||||||
17,212 | ||||||||
New Zealand (0.5%) | ||||||||
Auckland International Airport Ltd. | 186,968 | 316 | ||||||
Contact Energy Ltd.* | 62,199 | 276 | ||||||
Fletcher Building Ltd. | 137,310 | 979 | ||||||
Sky City Entertainment Group Ltd. | 117,738 | 304 | ||||||
Telecom Corp. of New Zealand Ltd. | 416,137 | 638 | ||||||
2,513 | ||||||||
Norway (2.0%) | ||||||||
Aker Solutions ASA | 16,053 | 369 | ||||||
DnB NOR ASA | 94,514 | 1,450 | ||||||
Norsk Hydro ASA | 83,199 | 682 | ||||||
Orkla ASA | 73,990 | 717 | ||||||
Renewable Energy Corp. ASA* | 48,119 | 169 | ||||||
Seadrill Ltd. | 26,871 | 972 | ||||||
StatoilHydro ASA | 102,628 | 2,845 | ||||||
Telenor ASA | 80,331 | 1,322 | ||||||
Yara International ASA | 18,161 | 920 | ||||||
9,446 | ||||||||
Portugal (1.0%) | ||||||||
Banco Comercial Portugues SA(c) | 441,143 | 360 | ||||||
Banco Espirito Santo SA | 82,132 | 336 | ||||||
Brisa Auto-Estradas de Portugal SA | 28,160 | 191 | ||||||
CIMPOR-Cimentos de Portugal SGPS SA | 31,509 | 228 | ||||||
EDP — Energias de Portugal SA | 287,717 | 1,121 | ||||||
Galp Energia SGPS SA | 36,270 | 776 | ||||||
Jeronimo Martins SGPS SA | 34,460 | 554 | ||||||
Portugal Telecom SGPS SA | 94,351 | 1,089 | ||||||
4,655 | ||||||||
Singapore (0.7%) | ||||||||
Ascendas REIT | 31,421 | 71 | ||||||
CapitaLand Ltd. | 51,038 | 134 | ||||||
CapitaMall Trust REIT | 42,846 | 64 | ||||||
CapitaMalls Asia Ltd. | 26,660 | 38 | ||||||
City Developments Ltd. | 10,791 | 99 | ||||||
ComfortDelGro Corp. Ltd. | 39,837 | 49 | ||||||
Cosco Corp. (Singapore) Ltd.(c) | 19,430 | 32 | ||||||
DBS Group Holdings Ltd. | 33,601 | 390 | ||||||
Fraser and Neave Ltd. | 18,379 | 88 | ||||||
Genting Singapore PLC* | 123,086 | 200 | ||||||
Jardine Cycle & Carriage Ltd. | 1,905 | 55 | ||||||
K-Green Trust | 5,104 | 4 | ||||||
Keppel Corp. Ltd. | 25,482 | 249 | ||||||
Keppel Land Ltd. | 13,694 | 49 |
59
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Singapore—continued | ||||||||
Neptune Orient Lines Ltd.* | 16,187 | 25 | ||||||
Olam International Ltd. | 23,189 | 51 | ||||||
Oversea-Chinese Banking Corp. Ltd. | 53,810 | 409 | ||||||
SembCorp Industries Ltd. | 18,567 | 77 | ||||||
SembCorp Marine Ltd. | 15,002 | 69 | ||||||
Singapore Airlines Ltd. | 12,099 | 131 | ||||||
Singapore Exchange Ltd. | 15,244 | 95 | ||||||
Singapore Press Holdings Ltd. | 27,472 | 86 | ||||||
Singapore Technologies Engineering Ltd. | 31,421 | 81 | ||||||
Singapore Telecommunications Ltd. | 160,906 | 385 | ||||||
StarHub Ltd. | 13,330 | 28 | ||||||
United Overseas Bank Ltd. | 25,398 | 379 | ||||||
UOL Group Ltd. | 8,024 | 30 | ||||||
Wilmar International Ltd. | 26,038 | 113 | ||||||
Yangzijiang Shipbuilding Holdings Ltd. | 30,469 | 44 | ||||||
3,525 | ||||||||
Spain (6.5%) | ||||||||
Abertis Infraestructuras SA | 22,703 | 493 | ||||||
Acciona SA | 1,951 | 212 | ||||||
Acerinox SA(c) | 7,645 | 151 | ||||||
Actividades de Construccion y Servicios SA | 10,872 | 510 | ||||||
Amadeus IT Holding SA, Cl A* | 16,134 | 309 | ||||||
Banco Bilbao Vizcaya Argentaria SA | 333,580 | 4,047 | ||||||
Banco de Sabadell SA | 73,722 | 323 | ||||||
Banco de Valencia SA*(c) | 16,823 | 75 | ||||||
Banco Popular Espanol SA(c) | 67,476 | 397 | ||||||
Banco Santander SA | 640,585 | 7,437 | ||||||
Bankinter SA(c) | 21,806 | 150 | ||||||
Criteria Caixacorp SA | 64,543 | 455 | ||||||
EDP Renovaveis SA* | 34,119 | 245 | ||||||
Enagas | 13,746 | 310 | ||||||
Ferrovial SA | 33,786 | 424 | ||||||
Fomento de Construcciones y Contratas SA | 2,933 | 97 | ||||||
Gas Natural SDG SA | 24,810 | 466 | ||||||
Gestevision Telecinco SA* | 7,573 | 87 | ||||||
Grifols SA | 10,639 | 185 | ||||||
Iberdrola Renovables SA | 78,140 | 337 | ||||||
Iberdrola SA | 302,551 | 2,631 | ||||||
Inditex SA | 16,748 | 1,344 | ||||||
Indra Sistemas SA | 6,928 | 139 | ||||||
Mapfre SA | 56,097 | 211 | ||||||
Red Electrica Corporacion SA | 8,306 | 472 | ||||||
Repsol YPF SA | 56,238 | 1,927 | ||||||
Telefonica SA | 319,396 | 7,996 | ||||||
Zardoya Otis SA | 10,221 | 169 | ||||||
31,599 | ||||||||
Sweden (2.0%) | ||||||||
Alfa Laval AB | 9,016 | 196 | ||||||
Assa Abloy AB, Cl B | 8,333 | 240 | ||||||
Atlas Copco AB, Cl A | 17,935 | 477 | ||||||
Atlas Copco AB, Cl B | 10,422 | 252 | ||||||
Boliden AB | 7,359 | 159 | ||||||
CDON Group AB* | 1,357 | 7 | ||||||
Electrolux AB, Cl B* | 6,405 | 165 | ||||||
Getinge AB | 5,347 | 132 | ||||||
Hennes & Mauritz AB, Cl B | 27,303 | 907 | ||||||
Hexagon AB, Cl B | 6,915 | 165 | ||||||
Holmen AB | 1,411 | 49 | ||||||
Husqvarna AB, Cl B | 10,881 | 93 | ||||||
Investor AB, Cl B | 12,162 | 295 | ||||||
Kinnevik Investment AB, Cl B | 5,840 | 136 | ||||||
Modern Times Group AB, Cl B | 1,357 | 103 | ||||||
Nordea Bank AB(c) | 68,988 | 755 | ||||||
Ratos AB, B Shares | 2,736 | 108 | ||||||
Sandvik AB | 26,927 | 508 | ||||||
Scania AB | 8,544 | 198 | ||||||
Securitas AB, Cl B | 8,360 | 100 | ||||||
Skandinaviska Enskilda Banken AB, Cl A(c) | 37,670 | 336 | ||||||
Skanska AB, Cl B | 10,657 | 224 | ||||||
SKF AB, Cl B | 10,408 | 303 | ||||||
SSAB AB, A Shares* | 4,825 | 76 | ||||||
SSAB AB, B Shares* | 2,223 | 31 | ||||||
Svenska Cellulosa AB, Cl B(c) | 15,272 | 246 | ||||||
Svenska Handelsbanken AB, Cl A(c) | 13,070 | 429 | ||||||
Swedbank AB, Cl A(c) | 18,828 | 322 | ||||||
Swedish Match AB | 6,368 | 212 | ||||||
Tele2 AB, Cl B | 8,320 | 192 | ||||||
Telefonaktiebolaget LM Ericsson, Cl B | 80,423 | 1,037 | ||||||
TeliaSonera AB(c) | 59,961 | 518 | ||||||
Volvo AB, Cl B*(c) | 38,756 | 682 | ||||||
9,653 | ||||||||
Switzerland (2.5%) | ||||||||
ABB Ltd.* | 26,501 | 636 | ||||||
Actelion Ltd.* | 1,227 | 71 | ||||||
Adecco SA | 1,477 | 97 | ||||||
Aryzta AG | 935 | 48 | ||||||
Baloise Holding AG | 602 | 60 | ||||||
Compagnie Financiere Richemont SA, Cl A | 6,265 | 362 | ||||||
Credit Suisse Group AG | 13,515 | 574 |
60
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Switzerland—continued | ||||||||
GAM Holding AG* | 2,479 | 47 | ||||||
Geberit AG | 465 | 101 | ||||||
Givaudan SA* | 93 | 94 | ||||||
Holcim Ltd. | 2,943 | 222 | ||||||
Julius Baer Group Ltd. | 2,479 | 108 | ||||||
Kuehne + Nagel International AG | 648 | 91 | ||||||
Lindt & Spruengli AG | 9 | 26 | ||||||
Logitech International SA*(c) | 2,188 | 39 | ||||||
Lonza Group AG | 548 | 46 | ||||||
Nestle SA | 40,820 | 2,340 | ||||||
Nobel Biocare Holding AG* | 1,485 | 31 | ||||||
Novartis AG | 25,338 | 1,374 | ||||||
Pargesa Holding SA | 325 | 31 | ||||||
Roche Holding AG | 8,439 | 1,205 | ||||||
Schindler Holding AG Participation Certificate | 583 | 70 | ||||||
Schindler Holding AG Registered Shares | 259 | 31 | ||||||
SGS SA | 65 | 116 | ||||||
Sika AG | 23 | 55 | ||||||
Sonova Holding AG | 551 | 49 | ||||||
STMicroelectronics NV | 31,871 | 395 | ||||||
Straumann Holding AG | 96 | 25 | ||||||
Swatch Group AG (The) Bearer Shares | 369 | 163 | ||||||
Swatch Group AG (The) Registered Shares | 519 | 41 | ||||||
Swiss Life Holding AG* | 365 | 60 | ||||||
Swiss Re | 4,228 | 242 | ||||||
Swisscom AG | 278 | 124 | ||||||
Syngenta AG | 1,134 | 369 | ||||||
Synthes, Inc. | 711 | 96 | ||||||
Transocean Ltd.* | 3,435 | 270 | ||||||
UBS AG* | 43,705 | 784 | ||||||
Xstrata PLC | 39,527 | 924 | ||||||
Zurich Financial Services AG | 1,768 | 495 | ||||||
11,912 | ||||||||
United Kingdom (9.2%) | ||||||||
3i Group PLC | 18,646 | 89 | ||||||
Admiral Group PLC | 3,839 | 96 | ||||||
Aggreko PLC | 5,038 | 127 | ||||||
AMEC PLC | 6,378 | 122 | ||||||
Anglo American PLC | 25,297 | 1,301 | ||||||
Antofagasta PLC | 7,576 | 165 | ||||||
ARM Holdings PLC | 25,396 | 234 | ||||||
Associated British Foods PLC | 6,847 | 109 | ||||||
AstraZeneca PLC | 27,093 | 1,244 | ||||||
Autonomy Corp. PLC* | 4,160 | 106 | ||||||
Aviva PLC | 53,158 | 369 | ||||||
BAE Systems PLC | 67,794 | 353 | ||||||
Balfour Beatty PLC | 13,170 | 73 | ||||||
Barclays PLC | 219,766 | 979 | ||||||
BG Group PLC | 64,856 | 1,614 | ||||||
BHP Billiton PLC | 42,407 | 1,674 | ||||||
BP PLC | 353,861 | 2,577 | ||||||
British American Tobacco PLC | 37,234 | 1,494 | ||||||
British Land Co. PLC (The) REIT | 16,679 | 148 | ||||||
British Sky Broadcasting Group PLC | 21,890 | 290 | ||||||
BT Group PLC | 148,957 | 444 | ||||||
Bunzl PLC | 6,309 | 75 | ||||||
Burberry Group PLC | 8,350 | 157 | ||||||
Cable & Wireless Worldwide | 49,861 | 42 | ||||||
Cairn Energy PLC* | 26,855 | 199 | ||||||
Capita Group PLC | 11,970 | 143 | ||||||
Capital Shopping Centres Group PLC REIT | 8,962 | 55 | ||||||
Carnival PLC | 3,217 | 127 | ||||||
Centrica PLC | 98,622 | 515 | ||||||
Cobham PLC | 22,062 | 81 | ||||||
Compass Group PLC | 35,908 | 323 | ||||||
Diageo PLC | 49,047 | 932 | ||||||
Enquest PLC* | 10,620 | 24 | ||||||
Eurasian Natural Resources Corp. | 4,947 | 74 | ||||||
FirstGroup PLC | 9,245 | 48 | ||||||
Fresnillo PLC | 3,443 | 85 | ||||||
G4S PLC | 27,100 | 111 | ||||||
GlaxoSmithKline PLC | 97,623 | 1,863 | ||||||
Hammerson PLC REIT | 13,505 | 97 | ||||||
Home Retail Group PLC | 16,861 | 52 | ||||||
HSBC Holdings PLC | 328,361 | 3,377 | ||||||
ICAP PLC | 10,698 | 91 | ||||||
Imperial Tobacco Group PLC | 19,566 | 605 | ||||||
Inmarsat PLC | 8,390 | 81 | ||||||
InterContinental Hotels Group PLC | 4,979 | 102 | ||||||
International Consolidated Airlines Group SA* | 37,335 | 137 | ||||||
International Consolidated Airlines Group SA* | 11,083 | 40 | ||||||
International Power PLC | 29,254 | 145 | ||||||
Invensys PLC | 15,507 | 86 | ||||||
Investec PLC | 8,149 | 62 | ||||||
ITV PLC* | 71,527 | 89 | ||||||
J Sainsbury PLC | 23,149 | 125 | ||||||
Johnson Matthey PLC | 4,125 | 123 | ||||||
Kazakhmys PLC | 4,115 | 92 | ||||||
Kingfisher PLC | 45,378 | 179 |
61
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
United Kingdom—continued | ||||||||
Land Securities Group PLC REIT | 14,582 | 172 | ||||||
Legal & General Group PLC | 112,640 | 208 | ||||||
Lloyds Banking Group PLC* | 771,417 | 719 | ||||||
London Stock Exchange Group PLC | 2,868 | 38 | ||||||
Lonmin PLC | 2,966 | 81 | ||||||
Man Group PLC | 32,886 | 130 | ||||||
Marks & Spencer Group PLC | 30,397 | 164 | ||||||
National Grid PLC | 65,326 | 623 | ||||||
Next PLC | 3,625 | 115 | ||||||
Old Mutual PLC | 104,269 | 227 | ||||||
Pearson PLC | 15,590 | 275 | ||||||
Prudential PLC | 48,653 | 551 | ||||||
Reckitt Benckiser Group PLC | 11,766 | 604 | ||||||
Reed Elsevier PLC | 23,312 | 202 | ||||||
Rexam PLC | 16,847 | 98 | ||||||
Rio Tinto PLC | 27,081 | 1,902 | ||||||
Rolls-Royce Group PLC* | 35,625 | 354 | ||||||
Royal Bank of Scotland Group PLC (The)* | 324,901 | 213 | ||||||
Royal Dutch Shell PLC, Cl A | 66,690 | 2,422 | ||||||
Royal Dutch Shell PLC, Cl B | 50,308 | 1,824 | ||||||
RSA Insurance Group PLC | 65,768 | 139 | ||||||
SABMiller PLC | 18,229 | 646 | ||||||
Sage Group PLC (The) | 25,251 | 113 | ||||||
Schroders PLC | 2,149 | 60 | ||||||
Scottish & Southern Energy PLC | 17,737 | 359 | ||||||
Segro PLC | 14,109 | 73 | ||||||
Serco Group PLC | 9,434 | 84 | ||||||
Severn Trent PLC | 4,547 | 107 | ||||||
Smith & Nephew PLC | 17,057 | 192 | ||||||
Smiths Group PLC | 7,496 | 156 | ||||||
Standard Chartered PLC | 43,721 | 1,134 | ||||||
Standard Life PLC | 42,970 | 143 | ||||||
Subsea 7 SA* | 25,621 | 647 | ||||||
Tesco PLC | 156,380 | 956 | ||||||
Thomas Cook Group PLC | 16,493 | 45 | ||||||
TUI Travel PLC | 10,742 | 39 | ||||||
Tullow Oil PLC | 17,325 | 402 | ||||||
Unilever PLC | 24,661 | 752 | ||||||
United Utilities Group PLC | 13,096 | 124 | ||||||
Vedanta Resources PLC | 2,346 | 90 | ||||||
Vodafone Group PLC | 992,967 | 2,812 | ||||||
Weir Group PLC (The) | 3,444 | 96 | ||||||
Whitbread PLC | 3,380 | 89 | ||||||
WM Morrison Supermarkets PLC | 40,749 | 180 | ||||||
Wolseley PLC* | 5,455 | 184 | ||||||
44,489 | ||||||||
Total Foreign Common Stocks (Cost $273,398) | 473,127 | |||||||
Foreign Preferred Stocks (1.1%) | ||||||||
Germany (1.1%) | ||||||||
Bayerische Motoren Werke AG* | 4,172 | 237 | ||||||
Fresenius Medical Care AG* | 15,560 | 1,045 | ||||||
Henkel AG & Co. KGaA* | 14,232 | 882 | ||||||
Porsche AG, 0.190% | 6,992 | 458 | ||||||
ProSiebenSat.1 Media AG* | 5,803 | 170 | ||||||
RWE AG* | 3,117 | 189 | ||||||
Volkswagen AG* | 13,633 | 2,211 | ||||||
5,192 | ||||||||
Total Foreign Preferred Stocks (Cost $2,414) | 5,192 | |||||||
Rights — Foreign (0.0%) | ||||||||
Australia (0.0%) | ||||||||
Origin Energy Ltd., expires 04/13/11 at 13.00 AUD* | 3,945 | 13 | ||||||
Austria (0.0%) | ||||||||
IMMOEAST AG*(a)(b) | 175,419 | — | ||||||
Germany (0.0%) | ||||||||
Porsche Automobil Holding SE, expires 04/12/11 at 38.00 EUR* | 6,992 | 61 | ||||||
Sweden (0.0%) | ||||||||
TeliaSonera AB*(b) | 10,000 | — | ||||||
Total Rights — Foreign (Cost $50) | 74 | |||||||
Warrants — Foreign (0.0%) | ||||||||
Hong Kong (0.0%) | ||||||||
Henderson Land Development Co. Ltd., expires 06/01/11 at 58.00 EUR* | 8,444 | 1 | ||||||
Italy (0.0%) | ||||||||
Unione di Banche Italiane Scpa, expires 06/30/11 at 12.30 EUR* | 182,276 | — | ||||||
Total Warrants — Foreign (Cost $—) | 1 | |||||||
Exchange Traded Funds (0.5%) | ||||||||
iShares MSCI Australia Index Fund(c) | 3,576 | 95 | ||||||
iShares MSCI Austria Investable Market Index Fund | 1,633 | 38 |
62
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
International Equity Index Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Exchange Traded Funds—continued | ||||||||
iShares MSCI Belgium Investable Market Index Fund(c) | 2,268 | 32 | ||||||
iShares MSCI EAFE Index Fund | 4,402 | 265 | ||||||
iShares MSCI EMU Index Fund(c) | 24,867 | 963 | ||||||
iShares MSCI Germany Index Fund(c) | 6,403 | 166 | ||||||
iShares MSCI Hong Kong Index Fund | 1,178 | 22 | ||||||
iShares MSCI Italy Index Fund(c) | 8,982 | 167 | ||||||
iShares MSCI Japan Index Fund | 39,994 | 412 | ||||||
iShares MSCI Netherlands Investable Market Index Fund | 798 | 18 | ||||||
iShares MSCI Singapore Index Fund | 1,423 | 20 | ||||||
iShares MSCI Spain Index Fund | 1,334 | 57 | ||||||
iShares MSCI Sweden Index Fund | 1,376 | 45 | ||||||
iShares MSCI Switzerland Index Fund | 1,446 | 37 | ||||||
iShares MSCI United Kingdom Index Fund(c) | 9,110 | 163 | ||||||
Total Exchange Traded Funds (Cost $2,523) | 2,500 | |||||||
Units (0.0%) | ||||||||
Singapore (0.0%) | ||||||||
Hutchison Port Holdings Trust* | 3,200 | 3 | ||||||
Total Units (Cost $3) | 3 | |||||||
Short-Term Investment (3.3%) | ||||||||
RidgeWorth Funds Securities Lending Joint Account(d) | 16,117,813 | 16,118 | ||||||
Total Short-Term Investment (Cost $16,118) | 16,118 | |||||||
Total Investments (Cost $294,506)(e) — 102.9% | 497,015 | |||||||
Liabilities in excess of other assets — (2.9)% | (14,333 | ) | ||||||
Net Assets — 100.0% | $ | 482,682 | ||||||
* | Non-income producing security. | |
(a) | The Fund’s adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. | |
(b) | Valued at fair value using procedures approved by the Board. Fair valued securities held by the Fund represent 0.7% of net assets as of March 31, 2011. |
(c) | The security or a partial position of the security was on loan as of March 31, 2011. The total value of securities on loan as of March 31, 2011, in thousands, was $13,781. |
(d) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before March 31, 2011 (See Notes to Financial Statements). | |
(e) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
AUD | — Australian Dollar |
EUR | — Euro | |
PPS | — Partially Protected Shares | |
REIT | — Real Estate Investment Trust | |
RSP | — Retirement Savings Plan | |
SP ADR | — Sponsored American Depositary Receipt |
63
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (97.6%) | ||||||||
Consumer Discretionary (16.4%) | ||||||||
Abercrombie & Fitch Co., Cl A | 89,149 | 5,233 | ||||||
Bed Bath & Beyond, Inc.* | 103,495 | 4,996 | ||||||
BorgWarner, Inc.* | 77,090 | 6,143 | ||||||
Carnival Corp. | 159,600 | 6,122 | ||||||
CBS Corp., Cl B | 234,533 | 5,873 | ||||||
Home Depot, Inc. (The) | 153,000 | 5,670 | ||||||
Kohl’s Corp. | 132,635 | 7,035 | ||||||
McDonald’s Corp. | 79,360 | 6,039 | ||||||
Ross Stores, Inc. | 81,665 | 5,808 | ||||||
Starwood Hotels & Resorts Worldwide, Inc. | 101,900 | 5,922 | ||||||
Walt Disney Co. (The) | 114,000 | 4,912 | ||||||
63,753 | ||||||||
Consumer Staples (5.0%) | ||||||||
Philip Morris International, Inc. | 86,000 | 5,644 | ||||||
Walgreen Co. | 150,000 | 6,021 | ||||||
Whole Foods Market, Inc. | 120,400 | 7,934 | ||||||
19,599 | ||||||||
Energy (15.2%) | ||||||||
Apache Corp. | 56,600 | 7,410 | ||||||
Cameron International Corp.* | 142,507 | 8,137 | ||||||
Chevron Corp. | 74,085 | 7,959 | ||||||
Halliburton Co. | 162,445 | 8,096 | ||||||
National Oilwell Varco, Inc. | 77,000 | 6,104 | ||||||
Occidental Petroleum Corp. | 77,000 | 8,046 | ||||||
Peabody Energy Corp. | 67,780 | 4,877 | ||||||
Schlumberger Ltd. | 92,212 | 8,600 | ||||||
59,229 | ||||||||
Financials (12.5%) | ||||||||
Ameriprise Financial, Inc. | 119,000 | 7,269 | ||||||
Capital One Financial Corp. | 112,155 | 5,828 | ||||||
Fifth Third Bancorp | 376,760 | 5,229 | ||||||
Goldman Sachs Group, Inc. (The) | 33,000 | 5,229 | ||||||
Hartford Financial Services Group, Inc. (The) | 146,235 | 3,938 | ||||||
PNC Financial Services Group, Inc. | 127,975 | 8,061 | ||||||
T. Rowe Price Group, Inc. | 90,630 | 6,020 | ||||||
Wells Fargo & Co. | 223,000 | 7,069 | ||||||
48,643 | ||||||||
Health Care (11.5%) | ||||||||
AmerisourceBergen Corp. | 221,293 | 8,754 | ||||||
Mylan, Inc.* | 326,965 | 7,412 | ||||||
Pfizer, Inc. | 373,437 | 7,585 | ||||||
Stryker Corp. | 117,950 | 7,172 | ||||||
Thermo Fisher Scientific, Inc.* | 125,350 | 6,963 | ||||||
UnitedHealth Group, Inc. | 150,000 | 6,780 | ||||||
44,666 | ||||||||
Industrials (14.6%) | ||||||||
Caterpillar, Inc. | 74,621 | 8,309 | ||||||
Cummins, Inc. | 53,765 | 5,894 | ||||||
Dover Corp. | 114,280 | 7,513 | ||||||
Emerson Electric Co. | 102,000 | 5,960 | ||||||
Fluor Corp. | 110,934 | 8,171 | ||||||
General Electric Co. | 354,010 | 7,098 | ||||||
Union Pacific Corp. | 66,875 | 6,576 | ||||||
United Parcel Service, Inc., Cl B | 96,276 | 7,155 | ||||||
56,676 | ||||||||
Information Technology (19.1%) | ||||||||
Altera Corp. | 148,000 | 6,515 | ||||||
Analog Devices, Inc. | 163,610 | 6,443 | ||||||
Apple, Inc.* | 29,799 | 10,384 | ||||||
ASML Holding NV NYS | 113,830 | 5,065 | ||||||
Autodesk, Inc.* | 99,000 | 4,367 | ||||||
EMC Corp.* | 311,368 | 8,267 | ||||||
International Business Machines Corp. | 46,445 | 7,574 | ||||||
Intuit, Inc.* | 124,541 | 6,613 | ||||||
Juniper Networks, Inc.* | 142,235 | 5,985 | ||||||
Oracle Corp. | 187,800 | 6,267 | ||||||
QUALCOMM, Inc.* | 125,680 | 6,891 | ||||||
74,371 | ||||||||
Materials (3.3%) | ||||||||
E.I. du Pont de Nemours & Co. | 137,000 | 7,531 | ||||||
International Paper Co. | 175,000 | 5,281 | ||||||
12,812 | ||||||||
Total Common Stocks (Cost $327,056) | 379,749 | |||||||
Money Market Fund (3.0%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(a) | 11,836,672 | 11,837 | ||||||
Total Money Market Fund (Cost $11,837) | 11,837 | |||||||
Total Investments (Cost $338,893)(b) — 100.6% | 391,586 | |||||||
Liabilities in excess of other assets — (0.6)% | (2,408 | ) | ||||||
Net Assets — 100.0% | $ | 389,178 | ||||||
* | Non-income producing security. | |
** | Formerly Large Cap Core Equity Fund. |
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
NYS | — New York Registered Shares |
64
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (99.7%) | ||||||||
Consumer Discretionary (15.5%) | ||||||||
Abercrombie & Fitch Co., Cl A | 89,370 | 5,246 | ||||||
Amazon.com, Inc.* | 44,690 | 8,050 | ||||||
Bed Bath & Beyond, Inc.* | 131,045 | 6,325 | ||||||
BorgWarner, Inc.* | 100,750 | 8,029 | ||||||
Carnival Corp. | 134,715 | 5,168 | ||||||
Coach, Inc. | 154,840 | 8,058 | ||||||
Ctrip.com International Ltd. ADR* | 72,030 | 2,988 | ||||||
Guess?, Inc. | 91,630 | 3,606 | ||||||
Kohl’s Corp. | 93,695 | 4,970 | ||||||
Las Vegas Sands Corp.* | 113,640 | 4,798 | ||||||
Priceline.com, Inc.* | 10,800 | 5,470 | ||||||
Scripps Networks Interactive, Inc., Cl A | 126,620 | 6,342 | ||||||
Viacom, Inc., Cl B | 84,200 | 3,917 | ||||||
72,967 | ||||||||
Consumer Staples (7.8%) | ||||||||
Colgate-Palmolive Co. | 74,885 | 6,048 | ||||||
Estee Lauder Cos., Inc. (The), Cl A | 57,570 | 5,547 | ||||||
Green Mountain Coffee Roasters, Inc.* | 66,135 | 4,273 | ||||||
Hansen Natural Corp.* | 111,005 | 6,686 | ||||||
Philip Morris International, Inc. | 213,365 | 14,003 | ||||||
36,557 | ||||||||
Energy (10.8%) | ||||||||
Cameron International Corp.* | 140,640 | 8,031 | ||||||
Halliburton Co. | 174,220 | 8,683 | ||||||
National Oilwell Varco, Inc. | 46,845 | 3,713 | ||||||
Occidental Petroleum Corp. | 74,225 | 7,756 | ||||||
Peabody Energy Corp. | 93,600 | 6,735 | ||||||
Schlumberger Ltd. | 171,025 | 15,950 | ||||||
50,868 | ||||||||
Financials (4.7%) | ||||||||
Capital One Financial Corp. | 112,320 | 5,836 | ||||||
Goldman Sachs Group, Inc. (The) | 20,320 | 3,220 | ||||||
Hartford Financial Services Group, Inc. (The) | 232,360 | 6,258 | ||||||
T. Rowe Price Group, Inc. | 102,820 | 6,829 | ||||||
22,143 | ||||||||
Health Care (9.5%) | ||||||||
Alexion Pharmaceuticals, Inc.* | 52,400 | 5,171 | ||||||
Allergan, Inc. | 100,000 | 7,102 | ||||||
Amgen, Inc.* | 86,920 | 4,646 | ||||||
Cerner Corp.* | 33,675 | 3,745 | ||||||
Express Scripts, Inc.* | 104,230 | 5,796 | ||||||
Intuitive Surgical, Inc.* | 21,540 | 7,183 | ||||||
Mylan, Inc.* | 269,320 | 6,105 | ||||||
Thermo Fisher Scientific, Inc.* | 90,210 | 5,011 | ||||||
44,759 | ||||||||
Industrials (15.6%) | ||||||||
BE Aerospace, Inc.* | 87,490 | 3,109 | ||||||
Dover Corp. | 112,320 | 7,384 | ||||||
Emerson Electric Co. | 149,105 | 8,712 | ||||||
Fluor Corp. | 74,975 | 5,523 | ||||||
Honeywell International, Inc. | 181,280 | 10,824 | ||||||
Illinois Tool Works, Inc. | 111,660 | 5,998 | ||||||
J.B. Hunt Transport Services, Inc. | 150,230 | 6,824 | ||||||
Joy Global, Inc. | 42,710 | 4,220 | ||||||
Precision Castparts Corp. | 35,660 | 5,248 | ||||||
Union Pacific Corp. | 51,275 | 5,042 | ||||||
United Parcel Service, Inc., Cl B | 141,290 | 10,501 | ||||||
73,385 | ||||||||
Information Technology (31.0%) | ||||||||
Analog Devices, Inc. | 151,175 | 5,953 | ||||||
Apple, Inc.* | 79,305 | 27,634 | ||||||
ARM Holdings PLC SP ADR | 217,875 | 6,138 | ||||||
ASML Holding NV NYS | 117,585 | 5,233 | ||||||
Baidu, Inc. SP ADR* | 46,095 | 6,352 | ||||||
Broadcom Corp., Cl A | 154,935 | 6,101 | ||||||
Cisco Systems, Inc. | 342,140 | 5,868 | ||||||
EMC Corp.* | 377,795 | 10,030 | ||||||
F5 Networks, Inc.* | 44,530 | 4,567 | ||||||
Google, Inc., Cl A* | 28,125 | 16,487 | ||||||
Juniper Networks, Inc.* | 196,800 | 8,281 | ||||||
Oracle Corp. | 494,440 | 16,500 | ||||||
QUALCOMM, Inc.* | 162,470 | 8,908 | ||||||
Salesforce.com, Inc.* | 46,765 | 6,247 | ||||||
Visa, Inc., Cl A | 153,245 | 11,282 | ||||||
145,581 | ||||||||
Materials (4.8%) | ||||||||
International Paper Co. | 224,365 | 6,771 | ||||||
Lubrizol Corp. (The) | 49,675 | 6,654 | ||||||
Praxair, Inc. | 88,145 | 8,956 | ||||||
22,381 | ||||||||
Total Common Stocks (Cost $292,193) | 468,641 | |||||||
65
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
Large Cap Growth Stock Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Money Market Fund (0.4%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(a) | 1,774,577 | 1,775 | ||||||
Total Money Market Fund (Cost $1,775) | 1,775 | |||||||
Total Investments (Cost $293,968)(b) — 100.1% | 470,416 | |||||||
Liabilities in excess of other assets — (0.1)% | (361 | ) | ||||||
Net Assets — 100.0% | $ | 470,055 | ||||||
* | Non-income producing security. |
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
ADR | — American Depositary Receipt |
NYS | — New York Registered Shares | |
SP ADR | — Sponsored American Depositary Receipt |
66
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (99.3%) | ||||||||
Consumer Discretionary (13.3%) | ||||||||
CBS Corp., Cl B | 15,741 | 394 | ||||||
Coach, Inc. | 1,757 | 91 | ||||||
DIRECTV, Cl A* | 12,440 | 582 | ||||||
Federal-Mogul Corp.* | 1,971 | 49 | ||||||
Foot Locker, Inc. | 4,338 | 85 | ||||||
Harman International Industries, Inc. | 5 | — | ||||||
ITT Educational Services, Inc.* | 590 | 43 | ||||||
John Wiley & Sons, Inc., CL A | 683 | 35 | ||||||
Liberty Global, Inc., Cl A* | 118 | 5 | ||||||
Limited Brands, Inc. | 2,695 | 89 | ||||||
Omnicom Group, Inc. | 11,284 | 554 | ||||||
Polo Ralph Lauren Corp. | 444 | 55 | ||||||
Signet Jewelers Ltd.* | 787 | 36 | ||||||
Time Warner Cable, Inc., Cl A | 500 | 36 | ||||||
TRW Automotive Holdings Corp.* | 1,198 | 66 | ||||||
VF Corp. | 1,719 | 169 | ||||||
Williams-Sonoma, Inc. | 1,287 | 52 | ||||||
2,341 | ||||||||
Consumer Staples (7.3%) | ||||||||
Coca-Cola Enterprises, Inc. | 12,067 | 329 | ||||||
Constellation Brands, Inc., Cl A* | 4,841 | 98 | ||||||
Herbalife Ltd. | 857 | 70 | ||||||
Philip Morris International, Inc. | 10,395 | 682 | ||||||
Walgreen Co. | 2,610 | 105 | ||||||
1,284 | ||||||||
Energy (10.4%) | ||||||||
Devon Energy Corp. | 1,364 | 125 | ||||||
Marathon Oil Corp. | 1,680 | 90 | ||||||
Murphy Oil Corp. | 7,451 | 547 | ||||||
Occidental Petroleum Corp. | 3,285 | 343 | ||||||
Oceaneering International, Inc.* | 396 | 35 | ||||||
SEACOR Holdings, Inc. | 3,604 | 333 | ||||||
Transocean Ltd.* | 4,420 | 345 | ||||||
1,818 | ||||||||
Financials (13.0%) | ||||||||
Allied World Assurance Co. Holdings Ltd. | 1,979 | 124 | ||||||
American Financial Group, Inc. | 5,117 | 179 | ||||||
Ameriprise Financial, Inc. | 1,821 | 111 | ||||||
Aspen Insurance Holdings Ltd. | 3,176 | 88 | ||||||
Assurant, Inc. | 5,441 | 210 | ||||||
Moody’s Corp. | 5,462 | 185 | ||||||
NASDAQ OMX Group, Inc. (The)* | 7,558 | 195 | ||||||
Protective Life Corp. | 7,686 | 204 | ||||||
Reinsurance Group of America, Inc. | 3,860 | 242 | ||||||
Travelers Cos., Inc. (The) | 8,695 | 517 | ||||||
Validus Holdings Ltd. | 6,766 | 226 | ||||||
2,281 | ||||||||
Health Care (14.1%) | ||||||||
Agilent Technologies, Inc.* | 5,283 | 237 | ||||||
AstraZeneca PLC SP ADR | 9,945 | 459 | ||||||
Becton Dickinson and Co. | 5,778 | 460 | ||||||
Biogen Idec, Inc.* | 7,705 | 565 | ||||||
Eli Lilly & Co. | 14,937 | 525 | ||||||
Pfizer, Inc. | 7,454 | 151 | ||||||
UnitedHealth Group, Inc. | 791 | 36 | ||||||
Warner Chilcott PLC, CL A | 1,471 | 34 | ||||||
2,467 | ||||||||
Industrials (10.8%) | ||||||||
Avery Dennison Corp. | 854 | 36 | ||||||
CNH Global NV NYS* | 4,948 | 240 | ||||||
Copa Holdings SA, Cl A | 3,330 | 176 | ||||||
CSX Corp. | 1,095 | 86 | ||||||
Gardner Denver, Inc. | 1,172 | 92 | ||||||
Huntington Ingalls Industries, Inc.* | 1,257 | 52 | ||||||
Northrop Grumman Corp. | 7,543 | 473 | ||||||
Raytheon Co. | 8,160 | 415 | ||||||
Union Pacific Corp. | 375 | 37 | ||||||
Waste Connections, Inc. | 9,793 | 282 | ||||||
1,889 | ||||||||
Information Technology (20.9%) | ||||||||
Accenture PLC, CL A | 8,947 | 492 | ||||||
Altera Corp. | 3,882 | 171 | ||||||
Amdocs Ltd.* | 11,287 | 326 | ||||||
Analog Devices, Inc. | 7,617 | 300 | ||||||
Applied Materials, Inc. | 14,530 | 227 | ||||||
Corning, Inc. | 11,625 | 240 | ||||||
International Business Machines Corp. | 3,670 | 598 | ||||||
Motorola Solutions, Inc.* | 6,828 | 305 | ||||||
STMicroelectronics NV NYS | 11,323 | 141 | ||||||
Texas Instruments, Inc. | 10,027 | 346 | ||||||
Western Union Co. | 25,464 | 529 | ||||||
3,675 | ||||||||
Materials (6.8%) | ||||||||
Cliffs Natural Resources, Inc. | 1,340 | 132 | ||||||
E.I. du Pont de Nemours & Co. | 6,025 | 331 | ||||||
Eastman Chemical Co. | 354 | 35 | ||||||
Freeport-McMoRan Copper & Gold, Inc. | 5,627 | 313 | ||||||
PPG Industries, Inc. | 3,984 | 379 | ||||||
1,190 | ||||||||
67
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
Large Cap Quantitative Equity Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Telecommunication Services (1.6%) | ||||||||
CenturyLink, Inc. | 2,059 | 85 | ||||||
MetroPCS Communications, Inc.* | 2,744 | 45 | ||||||
Qwest Communications International, Inc. | 22,786 | 156 | ||||||
286 | ||||||||
Utilities (1.1%) | ||||||||
AES Corp. (The)* | 6,667 | 87 | ||||||
Entergy Corp. | 1,579 | 106 | ||||||
193 | ||||||||
Total Common Stocks (Cost $16,412) | 17,424 | |||||||
Money Market Fund (0.8%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(a) | 137,606 | 138 | ||||||
Total Money Market Fund (Cost $138) | 138 | |||||||
Total Investments (Cost $16,550)(b) — 100.1% | 17,562 | |||||||
Liabilities in excess of other assets — (0.1)% | (19 | ) | ||||||
Net Assets — 100.0% | $ | 17,543 | ||||||
* | Non-income producing security. |
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
NYS | — New York Registered Shares |
SP ADR | — Sponsored American Depositary Receipt |
68
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (98.3%) | ||||||||
Consumer Discretionary (8.6%) | ||||||||
DR Horton, Inc. | 735,600 | 8,570 | ||||||
International Game Technology | 1,230,400 | 19,969 | ||||||
Omnicom Group, Inc. | 421,650 | 20,686 | ||||||
Staples, Inc. | 745,600 | 14,480 | ||||||
Target Corp. | 585,600 | 29,286 | ||||||
Walt Disney Co. (The) | 357,050 | 15,385 | ||||||
Whirlpool Corp. | 183,600 | 15,672 | ||||||
124,048 | ||||||||
Consumer Staples (9.7%) | ||||||||
Colgate-Palmolive Co. | 462,950 | 37,388 | ||||||
ConAgra Foods, Inc. | 478,550 | 11,365 | ||||||
CVS Caremark Corp. | 255,400 | 8,765 | ||||||
JM Smucker Co. (The) | 158,958 | 11,348 | ||||||
Kimberly-Clark Corp. | 219,500 | 14,327 | ||||||
Kraft Foods, Inc., Cl A | 891,800 | 27,967 | ||||||
PepsiCo, Inc. | 453,550 | 29,213 | ||||||
140,373 | ||||||||
Energy (11.5%) | ||||||||
Arch Coal, Inc. | 330,800 | 11,922 | ||||||
Chevron Corp. | 280,650 | 30,150 | ||||||
ConocoPhillips | 398,057 | 31,789 | ||||||
Devon Energy Corp. | 167,500 | 15,371 | ||||||
Murphy Oil Corp. | 314,950 | 23,124 | ||||||
Occidental Petroleum Corp. | 297,450 | 31,081 | ||||||
QEP Resources, Inc. | 570,808 | 23,141 | ||||||
166,578 | ||||||||
Financials (26.2%) | ||||||||
Bank of America Corp. | 1,866,800 | 24,884 | ||||||
BB&T Corp. | 1,066,751 | 29,282 | ||||||
Comerica, Inc. | 792,400 | 29,097 | ||||||
Fifth Third Bancorp | 956,950 | 13,282 | ||||||
Franklin Resources, Inc. | 203,400 | 25,441 | ||||||
Goldman Sachs Group, Inc. (The) | 91,700 | 14,532 | ||||||
Health Care REIT, Inc. | 315,150 | 16,526 | ||||||
JPMorgan Chase & Co. | 614,016 | 28,306 | ||||||
MetLife, Inc. | 502,200 | 22,464 | ||||||
Morgan Stanley | 1,070,150 | 29,237 | ||||||
Northern Trust Corp. | 573,400 | 29,100 | ||||||
PartnerRe Ltd. | 115,700 | 9,168 | ||||||
Prudential Financial, Inc. | 386,751 | 23,816 | ||||||
Travelers Cos., Inc. (The) | 452,000 | 26,885 | ||||||
U.S. Bancorp | 1,096,950 | 28,992 | ||||||
Wells Fargo & Co. | 919,350 | 29,144 | ||||||
380,156 | ||||||||
Health Care (8.8%) | ||||||||
Abbott Laboratories | 315,850 | 15,492 | ||||||
Baxter International, Inc. | 274,050 | 14,736 | ||||||
CIGNA Corp. | 335,650 | 14,863 | ||||||
Medtronic, Inc. | 736,800 | 28,993 | ||||||
Merck & Co., Inc. | 736,150 | 24,300 | ||||||
Pfizer, Inc. | 1,419,400 | 28,828 | ||||||
127,212 | ||||||||
Industrials (16.1%) | ||||||||
3M Co. | 123,900 | 11,585 | ||||||
ABB Ltd. SP ADR* | 961,000 | 23,247 | ||||||
Emerson Electric Co. | 259,700 | 15,174 | ||||||
Flowserve Corp. | 114,927 | 14,803 | ||||||
General Dynamics Corp. | 294,600 | 22,555 | ||||||
Illinois Tool Works, Inc. | 374,500 | 20,118 | ||||||
Ingersoll-Rand PLC | 338,100 | 16,334 | ||||||
Republic Services, Inc. | 699,500 | 21,013 | ||||||
Southwest Airlines Co. | 1,230,650 | 15,543 | ||||||
Textron, Inc. | 777,800 | 21,304 | ||||||
Union Pacific Corp. | 149,450 | 14,695 | ||||||
United Parcel Service, Inc., Cl B | 293,986 | 21,849 | ||||||
United Technologies Corp. | 170,200 | 14,407 | ||||||
232,627 | ||||||||
Information Technology (7.7%) | ||||||||
Activision Blizzard, Inc. | 790,500 | 8,672 | ||||||
Harris Corp. | 456,290 | 22,632 | ||||||
Hewlett-Packard Co. | 699,350 | 28,652 | ||||||
Microsoft Corp. | 1,124,250 | 28,511 | ||||||
TE Connectivity Ltd. | 253,600 | 8,830 | ||||||
Xerox Corp. | 1,397,650 | 14,885 | ||||||
112,182 | ||||||||
Materials (5.3%) | ||||||||
Airgas, Inc. | 344,400 | 22,875 | ||||||
Ashland, Inc. | 253,350 | 14,633 | ||||||
Ecolab, Inc. | 525,050 | 26,788 | ||||||
Martin Marietta Materials, Inc.(a) | 132,300 | 11,864 | ||||||
76,160 | ||||||||
Telecommunication Services (2.5%) | ||||||||
AT&T, Inc. | 1,165,350 | 35,660 | ||||||
Utilities (1.9%) | ||||||||
PPL Corp. | 1,120,700 | 28,354 | ||||||
Total Common Stocks (Cost $1,226,701) | 1,423,350 | |||||||
69
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
Large Cap Value Equity Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Short-Term Investment (0.8%) | ||||||||
RidgeWorth Funds Securities Lending Joint Account(b) | 11,534,000 | 11,534 | ||||||
Total Short-Term Investment (Cost $11,534) | 11,534 | |||||||
Money Market Fund (1.4%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(c) | 19,726,469 | 19,726 | ||||||
Total Money Market Fund (Cost $19,726) | 19,726 | |||||||
Total Investments (Cost $1,257,961)(d) — 100.5% | 1,454,610 | |||||||
Liabilities in excess of other assets — (0.5)% | (6,907 | ) | ||||||
Net Assets — 100.0% | $ | 1,447,703 | ||||||
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of March 31, 2011. The total value of securities on loan as of March 31, 2011, in thousands, was $11,334. | |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before March 31, 2011 (See Notes to Financial Statements). |
(c) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(d) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
REIT | — Real Estate Investment Trust |
SP ADR | — Sponsored American Depositary Receipt |
70
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (93.7%) | ||||||||
Consumer Discretionary (15.3%) | ||||||||
Advance Auto Parts, Inc. | 4,380 | 287 | ||||||
American Eagle Outfitters, Inc. | 15,115 | 240 | ||||||
BorgWarner, Inc.* | 4,215 | 336 | ||||||
CBS Corp., Cl B | 17,320 | 434 | ||||||
Coach, Inc. | 4,955 | 258 | ||||||
Darden Restaurants, Inc. | 7,235 | 355 | ||||||
DreamWorks Animation SKG, Inc., Cl A* | 9,200 | 257 | ||||||
Lennar Corp. | 13,690 | 248 | ||||||
Limited Brands, Inc. | 9,650 | 317 | ||||||
Mohawk Industries, Inc.* | 6,075 | 372 | ||||||
Newell Rubbermaid, Inc. | 15,930 | 305 | ||||||
Scripps Networks Interactive, Inc., Cl A | 7,244 | 363 | ||||||
Starwood Hotels & Resorts Worldwide, Inc. | 4,860 | 282 | ||||||
Texas Roadhouse, Inc. | 15,965 | 271 | ||||||
Whirlpool Corp. | 1,765 | 151 | ||||||
4,476 | ||||||||
Consumer Staples (6.1%) | ||||||||
BJ’s Wholesale Club, Inc.* | 6,620 | 323 | ||||||
Church & Dwight Co., Inc. | 3,735 | 296 | ||||||
Dr Pepper Snapple Group, Inc. | 8,420 | 313 | ||||||
H.J. Heinz Co. | 5,370 | 262 | ||||||
Mead Johnson Nutrition Co. | 4,410 | 256 | ||||||
Molson Coors Brewing Co., Cl B | 7,405 | 347 | ||||||
1,797 | ||||||||
Energy (9.3%) | ||||||||
Diamond Offshore Drilling, Inc.(a) | 3,095 | 241 | ||||||
Noble Energy, Inc. | 3,357 | 325 | ||||||
Oil States International, Inc.* | 4,450 | 339 | ||||||
Petrohawk Energy Corp.* | 10,120 | 248 | ||||||
Plains Exploration & Production Co.* | 7,740 | 280 | ||||||
QEP Resources, Inc. | 7,780 | 315 | ||||||
SM Energy Co. | 4,375 | 325 | ||||||
Superior Energy Services, Inc.* | 7,943 | 326 | ||||||
Williams Cos., Inc. (The) | 9,955 | 310 | ||||||
2,709 | ||||||||
Financials (17.9%) | ||||||||
Ameriprise Financial, Inc. | 5,409 | 330 | ||||||
Arch Capital Group Ltd.* | 2,790 | 277 | ||||||
AvalonBay Communities, Inc., REIT | 1,624 | 195 | ||||||
BlackRock, Inc. | 1,075 | 216 | ||||||
Brandywine Realty Trust, REIT | 25,600 | 311 | ||||||
Comerica, Inc. | 7,725 | 284 | ||||||
Discover Financial Services | 14,735 | 355 | ||||||
HCP, Inc., REIT | 7,470 | 283 | ||||||
KeyCorp | 27,430 | 244 | ||||||
Lincoln National Corp. | 11,575 | 348 | ||||||
M&T Bank Corp. | 4,320 | 382 | ||||||
Prosperity Bancshares, Inc. | 8,225 | 352 | ||||||
SVB Financial Group* | 4,860 | 277 | ||||||
Synovus Financial Corp. | 60,090 | 144 | ||||||
Washington Real Estate Investment Trust | 10,258 | 319 | ||||||
Weingarten Realty Investors, REIT | 9,950 | 249 | ||||||
Willis Group Holdings PLC | 9,355 | 378 | ||||||
XL Group PLC | 11,960 | 294 | ||||||
5,238 | ||||||||
Health Care (10.0%) | ||||||||
Agilent Technologies, Inc.* | 7,095 | 318 | ||||||
C.R. Bard, Inc. | 1,650 | 164 | ||||||
CareFusion Corp.* | 13,625 | 384 | ||||||
Coventry Health Care, Inc.* | 13,035 | 416 | ||||||
Gen-Probe, Inc.* | 6,115 | 406 | ||||||
Hospira, Inc.* | 3,735 | 206 | ||||||
Laboratory Corp. of America Holdings* | 3,845 | 354 | ||||||
Life Technologies Corp.* | 5,200 | 272 | ||||||
Mylan, Inc.* | 18,100 | 410 | ||||||
2,930 | ||||||||
Industrials (10.3%) | ||||||||
Dover Corp. | 5,710 | 375 | ||||||
Eaton Corp. | 5,610 | 311 | ||||||
Fluor Corp. | 4,674 | 344 | ||||||
ITT Corp. | 7,115 | 427 | ||||||
L-3 Communications Holdings, Inc. | 4,465 | 350 | ||||||
Rockwell Automation, Inc. | 4,625 | 438 | ||||||
Roper Industries, Inc. | 4,075 | 352 | ||||||
Ryder System, Inc. | 8,250 | 418 | ||||||
3,015 | ||||||||
Information Technology (11.7%) | ||||||||
Activision Blizzard, Inc. | 27,805 | 305 | ||||||
Altera Corp. | 8,830 | 389 | ||||||
Analog Devices, Inc. | 9,065 | 357 | ||||||
Autodesk, Inc.* | 8,370 | 369 | ||||||
Avago Technologies Ltd. | 10,345 | 322 | ||||||
Citrix Systems, Inc.* | 4,010 | 294 | ||||||
NetApp, Inc.* | 5,930 | 286 | ||||||
Polycom, Inc.* | 6,600 | 342 | ||||||
Teradata Corp.* | 7,570 | 384 | ||||||
Western Digital Corp.* | 10,055 | 375 | ||||||
3,423 | ||||||||
71
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
Mid-Cap Core Equity Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Materials (5.4%) | ||||||||
Agnico-Eagle Mines Ltd. | 3,630 | 241 | ||||||
Albemarle Corp. | 6,685 | 400 | ||||||
FMC Corp. | 4,410 | 374 | ||||||
Newmont Mining Corp. | 3,825 | 209 | ||||||
Packaging Corp. of America | 12,260 | 354 | ||||||
1,578 | ||||||||
Telecommunication Services (0.5%) | ||||||||
NII Holdings, Inc.* | 3,595 | 150 | ||||||
Utilities (7.2%) | ||||||||
Constellation Energy Group, Inc. | 9,510 | 296 | ||||||
MDU Resources Group, Inc. | 13,385 | 307 | ||||||
NiSource, Inc. | 18,435 | 354 | ||||||
OGE Energy Corp. | 6,175 | 312 | ||||||
ONEOK, Inc. | 3,700 | 247 | ||||||
Westar Energy, Inc. | 8,925 | 236 | ||||||
Xcel Energy, Inc. | 15,015 | 359 | ||||||
2,111 | ||||||||
Total Common Stocks (Cost $18,051) | 27,427 | |||||||
Short-Term Investment (1.6%) | ||||||||
RidgeWorth Funds Securities Lending Joint Account(b) | 466,008 | 466 | ||||||
Total Short-Term Investment (Cost $466) | 466 | |||||||
Money Market Fund (6.2%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(c) | 1,820,152 | 1,820 | ||||||
Total Money Market Fund (Cost $1,820) | 1,820 | |||||||
Total Investments (Cost $20,337)(d) — 101.5% | 29,713 | |||||||
Liabilities in excess of other assets — (1.5)% | (438 | ) | ||||||
Net Assets — 100.0% | $ | 29,275 | ||||||
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of March 31, 2011. The total value of securities on loan as of March 31, 2011, in thousands, was $455. | |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before March 31, 2011 (See Notes to Financial Statements). |
(c) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(d) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
REIT | — Real Estate Investment Trust |
72
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (96.1%) | ||||||||
Consumer Discretionary (9.4%) | ||||||||
American Eagle Outfitters, Inc. | 325,500 | 5,172 | ||||||
Cooper Tire & Rubber Co. | 855,800 | 22,037 | ||||||
Hillenbrand, Inc. | 1,207,400 | 25,959 | ||||||
International Game Technology | 2,461,400 | 39,948 | ||||||
KB Home(a) | 1,639,800 | 20,399 | ||||||
Omnicom Group, Inc. | 401,500 | 19,698 | ||||||
Staples, Inc. | 1,147,300 | 22,281 | ||||||
Whirlpool Corp. | 359,600 | 30,695 | ||||||
186,189 | ||||||||
Consumer Staples (5.0%) | ||||||||
ConAgra Foods, Inc. | 1,249,700 | 29,680 | ||||||
Flowers Foods, Inc. | 765,100 | 20,834 | ||||||
JM Smucker Co. (The) | 344,700 | 24,608 | ||||||
Sara Lee Corp. | 1,384,100 | 24,457 | ||||||
99,579 | ||||||||
Energy (8.6%) | ||||||||
Murphy Oil Corp. | 548,400 | 40,263 | ||||||
QEP Resources, Inc. | 1,544,100 | 62,598 | ||||||
Talisman Energy, Inc. | 893,200 | 22,062 | ||||||
Tidewater, Inc. | 754,800 | 45,175 | ||||||
170,098 | ||||||||
Financials (29.0%) | ||||||||
AllianceBernstein Holding LP(a) | 484,300 | 10,558 | ||||||
Allstate Corp. (The) | 996,800 | 31,678 | ||||||
Annaly Capital Management, Inc., REIT | 1,633,600 | 28,506 | ||||||
BB&T Corp. | 1,546,000 | 42,438 | ||||||
Chubb Corp. | 332,300 | 20,373 | ||||||
Comerica, Inc. | 1,297,200 | 47,633 | ||||||
Digital Realty Trust, Inc. REIT(a) | 335,200 | 19,489 | ||||||
E-House China Holdings Ltd. ADS(a) | 436,700 | 5,131 | ||||||
Fifth Third Bancorp | 1,675,200 | 23,252 | ||||||
Hancock Holding Co.(a) | 663,200 | 21,780 | ||||||
Hartford Financial Services Group, Inc. (The) | 1,428,700 | 38,475 | ||||||
Health Care REIT, Inc.(a) | 391,500 | 20,530 | ||||||
Lazard Ltd., Cl A | 981,100 | 40,794 | ||||||
Lincoln National Corp. | 1,335,300 | 40,112 | ||||||
MB Financial, Inc. | 2,234,400 | 46,833 | ||||||
Northern Trust Corp. | 1,034,200 | 52,486 | ||||||
PartnerRe Ltd. | 217,400 | 17,227 | ||||||
People’s United Financial, Inc. | 2,739,500 | 34,463 | ||||||
Principal Financial Group, Inc. | 445,700 | 14,311 | ||||||
Zions Bancorp. | 915,500 | 21,111 | ||||||
577,180 | ||||||||
Health Care (4.0%) | ||||||||
CIGNA Corp. | 434,400 | 19,235 | ||||||
Omnicare, Inc. | 1,225,200 | 36,744 | ||||||
STERIS Corp. | 702,600 | 24,268 | ||||||
80,247 | ||||||||
Industrials (18.9%) | ||||||||
ABM Industries, Inc. | 382,500 | 9,712 | ||||||
Flowserve Corp. | 156,100 | 20,106 | ||||||
General Dynamics Corp. | 246,400 | 18,864 | ||||||
Gol Linhas Aereas Inteligentes SA ADR(a) | 2,189,100 | 30,056 | ||||||
Harsco Corp. | 498,300 | 17,585 | ||||||
Ingersoll-Rand PLC | 457,200 | 22,087 | ||||||
Interface, Inc., Cl A | 1,043,301 | 19,291 | ||||||
Kennametal, Inc. | 511,400 | 19,945 | ||||||
Lennox International, Inc. | 350,200 | 18,414 | ||||||
Mueller Water Products, Inc., Cl A | 2,457,000 | 11,007 | ||||||
Parker Hannifin Corp. | 249,100 | 23,585 | ||||||
R.R. Donnelley & Sons Co. | 2,085,400 | 39,456 | ||||||
Republic Services, Inc. | 1,123,100 | 33,738 | ||||||
Southwest Airlines Co. | 2,392,700 | 30,220 | ||||||
Textron, Inc. | 746,700 | 20,452 | ||||||
Timken Co. (The) | 384,100 | 20,088 | ||||||
Towers Watson & Co., Cl A | 381,400 | 21,152 | ||||||
375,758 | ||||||||
Information Technology (7.7%) | ||||||||
Activision Blizzard, Inc. | 1,809,000 | 19,845 | ||||||
Broadridge Financial Solutions, Inc. | 214,272 | 4,862 | ||||||
Global Payments, Inc. | 322,900 | 15,796 | ||||||
Harris Corp. | 860,900 | 42,701 | ||||||
Intersil Corp., Cl A | 3,140,500 | 39,099 | ||||||
TE Connectivity Ltd. | 234,700 | 8,172 | ||||||
Xerox Corp. | 2,085,600 | 22,212 | ||||||
152,687 | ||||||||
Materials (8.5%) | ||||||||
Airgas, Inc. | 223,600 | 14,852 | ||||||
Ashland, Inc. | 823,100 | 47,542 | ||||||
Cytec Industries, Inc. | 603,800 | 32,829 | ||||||
Ecolab, Inc. | 423,500 | 21,607 | ||||||
Martin Marietta Materials, Inc.(a) | 271,500 | 24,345 | ||||||
Packaging Corp. of America | 175,900 | 5,082 |
73
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
Mid-Cap Value Equity Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Materials—continued | ||||||||
Valspar Corp. (The) | 569,600 | 22,271 | ||||||
168,528 | ||||||||
Utilities (5.0%) | ||||||||
Constellation Energy Group, Inc. | 953,000 | 29,667 | ||||||
Entergy Corp. | 218,700 | 14,699 | ||||||
PPL Corp. | 1,751,000 | 44,300 | ||||||
Sempra Energy | 188,200 | 10,069 | ||||||
98,735 | ||||||||
Total Common Stocks (Cost $1,747,878) | 1,909,001 | |||||||
Short-Term Investment (4.2%) | ||||||||
RidgeWorth Funds Securities Lending Joint Account(b) | 83,701,225 | 83,701 | ||||||
Total Short-Term Investment (Cost $83,701) | 83,701 | |||||||
Money Market Fund (4.8%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(c) | 95,687,048 | 95,687 | ||||||
Total Money Market Fund (Cost $95,687) | 95,687 | |||||||
Total Investments (Cost $1,927,266)(d) — 105.1% | 2,088,389 | |||||||
Liabilities in excess of other assets — (5.1)% | (101,118 | ) | ||||||
Net Assets — 100.0% | $ | 1,987,271 | ||||||
(a) | The security or a partial position of the security was on loan as of March 31, 2011. The total value of securities on loan as of March 31, 2011, in thousands, was $81,857. | |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before March 31, 2011 (See Notes to Financial Statements). | |
(c) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(d) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
ADR | — American Depositary Receipt |
ADS | — American Depositary Shares | |
REIT | — Real Estate Investment Trust |
74
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Long Positions (116.1%) | ||||||||
Common Stocks (115.3%) | ||||||||
Diversified (11.9%) | ||||||||
Cohen & Steers, Inc.(a) | 6,500 | 193 | ||||||
Colonial Properties Trust REIT | 1,600 | 31 | ||||||
Coresite Realty Corp. REIT | 2,700 | 43 | ||||||
Vornado Realty Trust REIT(a) | 7,602 | 665 | ||||||
Washington Real Estate Investment Trust(a) | 9,900 | 308 | ||||||
Weyerhaeuser Co. REIT(a) | 10,300 | 253 | ||||||
1,493 | ||||||||
Health Care (10.5%) | ||||||||
Cogdell Spencer, Inc. REIT | 13,800 | 82 | ||||||
HCP, Inc. REIT(a) | 15,400 | 584 | ||||||
Health Care REIT, Inc.(a) | 3,500 | 184 | ||||||
National Health Investors, Inc. REIT | 2,400 | 115 | ||||||
Nationwide Health Properties, Inc. REIT(a) | 4,700 | 200 | ||||||
OMEGA Healthcare Investors, Inc. REIT(a) | 4,500 | 100 | ||||||
Senior Housing Properties Trust REIT | 2,100 | 48 | ||||||
1,313 | ||||||||
Homebuilders (0.2%) | ||||||||
Sun Communities, Inc. REIT | 900 | 32 | ||||||
Hotels & Leisure Properties (5.9%) | ||||||||
Ashford Hospitality Trust, Inc. REIT | 14,900 | 164 | ||||||
FelCor Lodging Trust, Inc. REIT* | 13,200 | 81 | ||||||
Hospitality Properties Trust REIT | 2,100 | 49 | ||||||
Host Hotels & Resorts, Inc. REIT(a) | 13,501 | 238 | ||||||
LaSalle Hotel Properties REIT | 3,200 | 86 | ||||||
Pebblebrook Hotel Trust REIT | 3,500 | 77 | ||||||
Sunstone Hotel Investors, Inc. REIT* | 3,700 | 38 | ||||||
733 | ||||||||
Industrials (13.3%) | ||||||||
AMB Property Corp. REIT | 5,300 | 191 | ||||||
DCT Industrial Trust, Inc. REIT | 8,300 | 46 | ||||||
Extra Space Storage, Inc. REIT | 8,300 | 172 | ||||||
First Industrial Realty Trust, Inc. REIT* | 5,400 | 64 | ||||||
First Potomac Realty Trust REIT | 24,700 | 389 | ||||||
Public Storage REIT(a) | 4,000 | 444 | ||||||
Sovran Self Storage, Inc. REIT | 6,400 | 253 | ||||||
U-Store-It Trust REIT | 9,700 | 102 | ||||||
1,661 | ||||||||
Land & Forest Products (0.4%) | ||||||||
Brookfield Infrastructure Partners L.P. | 2,100 | 47 | ||||||
Mortgage (5.3%) | ||||||||
American Capital Agency Corp. REIT | 6,700 | 195 | ||||||
Chimera Investment Corp. REIT | 7,300 | 29 | ||||||
Commonwealth REIT | 6,850 | 178 | ||||||
Invesco Mortgage Capital, Inc. REIT | 10,600 | 232 | ||||||
Two Harbors Investment Corp. REIT | 2,400 | 25 | ||||||
659 | ||||||||
Office (18.5%) | ||||||||
BioMed Realty Trust, Inc. REIT | 6,900 | 131 | ||||||
Boston Properties, Inc. REIT(a) | 4,600 | 436 | ||||||
Corporate Office Properties Trust REIT | 13,500 | 488 | ||||||
Digital Realty Trust, Inc. REIT | 6,700 | 389 | ||||||
Government Properties Income Trust REIT | 4,500 | 121 | ||||||
Kilroy Realty Corp. REIT | 6,200 | 241 | ||||||
Lexington Realty Trust REIT | 18,700 | 175 | ||||||
Liberty Property Trust REIT | 1,400 | 46 | ||||||
Mack-Cali Realty Corp. REIT | 6,600 | 224 | ||||||
Parkway Properties, Inc. REIT(a) | 3,600 | 61 | ||||||
2,312 | ||||||||
Residential (18.7%) | ||||||||
Alexander’s, Inc. REIT | 200 | 81 | ||||||
American Campus Communities, Inc. REIT | 4,100 | 135 | ||||||
Apartment Investment & Management Co. REIT | 1,700 | 43 | ||||||
Associated Estates Realty Corp. REIT | 4,100 | 65 | ||||||
AvalonBay Communities, Inc. REIT | 1,900 | 228 | ||||||
BRE Properties, Inc. REIT | 6,300 | 297 | ||||||
Equity Lifestyle Properties, Inc. REIT | 1,500 | 87 | ||||||
Equity Residential REIT(a) | 16,400 | 925 | ||||||
Essex Property Trust, Inc. REIT | 1,200 | 149 | ||||||
Mid-America Apartment Communities, Inc. REIT | 900 | 58 | ||||||
UDR, Inc. REIT(a) | 11,100 | 271 | ||||||
2,339 | ||||||||
Retail (30.6%) | ||||||||
Agree Realty Corp. REIT | 1,600 | 36 | ||||||
Cedar Shopping Centers, Inc. REIT | 13,200 | 80 | ||||||
Developers Diversified Realty Corp. REIT(a) | 12,800 | 179 | ||||||
Equity One, Inc. REIT(a) | 9,800 | 184 | ||||||
General Growth Properties, Inc. REIT* | 29,386 | 455 | ||||||
Getty Realty Corp. REIT | 1,300 | 30 | ||||||
Kite Realty Group Trust REIT | 15,700 | 83 |
75
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
Real Estate 130/30 Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Retail—continued | ||||||||
Macerich Co. (The) REIT(a) | 4,842 | 240 | ||||||
Pennsylvania Real Estate Investment Trust REIT(a) | 12,900 | 184 | ||||||
Ramco-Gershenson Properties Trust REIT | 2,400 | 30 | ||||||
Realty Income Corp. REIT | 4,300 | 150 | ||||||
Regency Centers Corp. REIT(a) | 5,100 | 222 | ||||||
Simon Property Group, Inc. REIT(a) | 11,304 | 1,211 | ||||||
Taubman Centers, Inc. REIT | 12,500 | 670 | ||||||
Urstadt Biddle Properties, Inc. CL A, REIT | 4,000 | 76 | ||||||
3,830 | ||||||||
Total Common Stocks (Cost $11,381) | 14,419 | |||||||
Money Market Fund (0.8%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(b) | 101,107 | 101 | ||||||
Total Money Market Fund (Cost $101) | 101 | |||||||
Total Long Positions (Cost $11,482)(c) — 116.1% | 14,520 | |||||||
Other assets in excess of liabilities — 0.1% | 5 | |||||||
Short Positions (see summary below) — (16.2)% | (2,023 | ) | ||||||
Net Assets — 100.0% | $ | 12,502 | ||||||
Short Positions ((16.2)%) | ||||||||
Common Stocks Sold Short ((16.2)%) | ||||||||
Construction ((0.3)%) | ||||||||
Orion Marine Group, Inc. * | (3,300 | ) | (36 | ) | ||||
Diversified ((0.1)%) | ||||||||
FBR Capital Markets Corp. * | (3,700 | ) | (13 | ) | ||||
Homebuilders ((1.2)%) | ||||||||
Cavco Industries, Inc. * | (1,500 | ) | (68 | ) | ||||
Pulte Group, Inc. * | (2,600 | ) | (19 | ) | ||||
Toll Brothers, Inc. * | (2,900 | ) | (57 | ) | ||||
(144 | ) | |||||||
Hotels & Leisure Properties ((0.3)%) | ||||||||
Choice Hotels International, Inc. | (900 | ) | (35 | ) | ||||
Mortgage ((2.8)%) | ||||||||
Anworth Mortgage Asset Corp. REIT | (8,200 | ) | (58 | ) | ||||
iStar Financial, Inc. REIT* | (6,700 | ) | (62 | ) | ||||
Redwood Trust, Inc. REIT | (3,300 | ) | (51 | ) | ||||
Walter Investment Management Corp. REIT | (11,400 | ) | (184 | ) | ||||
(355 | ) | |||||||
Office ((4.3)%) | ||||||||
Brandywine Realty Trust REIT | (3,500 | ) | (42 | ) | ||||
Douglas Emmett, Inc. REIT | (2,100 | ) | (39 | ) | ||||
Highwoods Properties, Inc. REIT | (5,600 | ) | (196 | ) | ||||
Piedmont Office Realty Trust, Inc. REIT | (2,300 | ) | (45 | ) | ||||
SL Green Realty Corp. REIT | (2,800 | ) | (211 | ) | ||||
(533 | ) | |||||||
Retail ((7.2)%) | ||||||||
Acadia Realty Trust REIT | (12,200 | ) | (231 | ) | ||||
Federal Realty Investment Trust REIT | (3,800 | ) | (310 | ) | ||||
Glimcher Realty Trust REIT | (4,400 | ) | (41 | ) | ||||
Saul Centers, Inc. REIT | (7,300 | ) | (325 | ) | ||||
(907 | ) | |||||||
Total Short Positions (16.2)% (Proceeds $(1,984)) | (2,023 | ) | ||||||
* | Non-income producing security. | |
(a) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. | |
(b) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(c) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
REIT | — Real Estate Investment Trust |
76
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (99.0%) | ||||||||
Consumer Discretionary (11.6%) | ||||||||
Bed Bath & Beyond, Inc.* | 37,720 | 1,821 | ||||||
BorgWarner, Inc.* | 23,470 | 1,870 | ||||||
Carnival Corp. | 51,675 | 1,982 | ||||||
Coach, Inc. | 40,565 | 2,111 | ||||||
Priceline.com, Inc.* | 3,730 | 1,889 | ||||||
Viacom, Inc., Cl B | 40,060 | 1,864 | ||||||
11,537 | ||||||||
Consumer Staples (1.5%) | ||||||||
Estee Lauder Cos., Inc. (The), Cl A | 16,085 | 1,550 | ||||||
Energy (13.7%) | ||||||||
Apache Corp. | 11,750 | 1,538 | ||||||
Cameron International Corp.* | 48,295 | 2,758 | ||||||
Halliburton Co. | 70,985 | 3,538 | ||||||
Occidental Petroleum Corp. | 25,015 | 2,614 | ||||||
Schlumberger Ltd. | 34,340 | 3,202 | ||||||
13,650 | ||||||||
Financials (6.5%) | ||||||||
Goldman Sachs Group, Inc. (The) | 11,350 | 1,798 | ||||||
PNC Financial Services Group, Inc. | 34,035 | 2,144 | ||||||
T. Rowe Price Group, Inc. | 38,105 | 2,531 | ||||||
6,473 | ||||||||
Health Care (11.5%) | ||||||||
AmerisourceBergen Corp. | 78,035 | 3,087 | ||||||
Express Scripts, Inc.* | 50,580 | 2,813 | ||||||
Intuitive Surgical, Inc.* | 3,840 | 1,280 | ||||||
Pfizer, Inc. | 87,870 | 1,785 | ||||||
Thermo Fisher Scientific, Inc.* | 45,640 | 2,535 | ||||||
11,500 | ||||||||
Industrials (13.8%) | ||||||||
Emerson Electric Co. | 40,615 | 2,373 | ||||||
Fluor Corp. | 48,140 | 3,546 | ||||||
Precision Castparts Corp. | 15,125 | 2,226 | ||||||
Union Pacific Corp. | 32,580 | 3,204 | ||||||
United Parcel Service, Inc., Cl B | 32,935 | 2,448 | ||||||
13,797 | ||||||||
Information Technology (34.8%) | ||||||||
Analog Devices, Inc. | 84,095 | 3,312 | ||||||
Apple, Inc.* | 16,720 | 5,826 | ||||||
ASML Holding NV NYS | 46,780 | 2,082 | ||||||
Broadcom Corp., Cl A | 49,015 | 1,930 | ||||||
EMC Corp.* | 111,330 | 2,956 | ||||||
F5 Networks, Inc.* | 13,155 | 1,349 | ||||||
Google, Inc., Cl A* | 5,585 | 3,274 | ||||||
Intuit, Inc.* | 36,590 | 1,943 | ||||||
Juniper Networks, Inc.* | 94,715 | 3,985 | ||||||
Oracle Corp. | 99,305 | 3,314 | ||||||
QUALCOMM, Inc. | 48,215 | 2,644 | ||||||
Visa, Inc., Cl A | 27,740 | 2,042 | ||||||
34,657 | ||||||||
Materials (2.7%) | ||||||||
Praxair, Inc. | 26,095 | 2,651 | ||||||
Telecommunication Services (2.9%) | ||||||||
American Tower Corp., Cl A* | 55,420 | 2,872 | ||||||
Total Common Stocks (Cost $69,222) | 98,687 | |||||||
Money Market Fund (1.5%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(a) | 1,468,661 | 1,469 | ||||||
Total Money Market Fund (Cost $1,469) | 1,469 | |||||||
Total Investments (Cost $70,691)(b) — 100.5% | 100,156 | |||||||
Liabilities in excess of other assets — (0.5)% | (537 | ) | ||||||
Net Assets — 100.0% | $ | 99,619 | ||||||
* | Non-income producing security. |
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
NYS | — New York Registered Shares |
77
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (99.2%) | ||||||||
Consumer Discretionary (15.7%) | ||||||||
ANN, Inc.* | 181,195 | 5,274 | ||||||
Asbury Automotive Group, Inc.* | 237,220 | 4,386 | ||||||
AscenaRetail Group, Inc.* | 117,890 | 3,821 | ||||||
Bravo Brio Restaurant Group, Inc.* | 38,708 | 685 | ||||||
California Pizza Kitchen, Inc.* | 74,495 | 1,257 | ||||||
Chico’s FAS, Inc. | 283,420 | 4,223 | ||||||
Cooper Tire & Rubber Co. | 195,830 | 5,043 | ||||||
Deckers Outdoor Corp.* | 59,930 | 5,163 | ||||||
DSW, Inc., Cl A*(a) | 97,620 | 3,901 | ||||||
Hibbett Sports, Inc.* | 65,965 | 2,362 | ||||||
Life Time Fitness, Inc.* | 94,830 | 3,538 | ||||||
Makemytrip Ltd.*(a) | 37,400 | 1,096 | ||||||
Ruby Tuesday, Inc.* | 317,535 | 4,163 | ||||||
Steven Madden Ltd.* | 80,835 | 3,794 | ||||||
Tempur-Pedic International, Inc.* | 41,880 | 2,122 | ||||||
Tenneco, Inc.* | 102,700 | 4,360 | ||||||
Ulta Salon Cosmetics & Fragrance, Inc.* | 65,450 | 3,150 | ||||||
Valassis Communications, Inc.* | 149,960 | 4,370 | ||||||
Warnaco Group, Inc. (The)* | 83,870 | 4,796 | ||||||
67,504 | ||||||||
Consumer Staples (1.5%) | ||||||||
Diamond Foods, Inc.(a) | 77,650 | 4,333 | ||||||
Nu Skin Enterprises, Inc., Cl A | 79,385 | 2,282 | ||||||
6,615 | ||||||||
Energy (6.8%) | ||||||||
Berry Petroleum Co., Cl A | 43,805 | 2,210 | ||||||
Brigham Exploration Co.* | 93,750 | 3,486 | ||||||
CARBO Ceramics, Inc.(a) | 21,575 | 3,045 | ||||||
Gulfport Energy Corp.* | 104,445 | 3,776 | ||||||
Lufkin Industries, Inc. | 30,455 | 2,847 | ||||||
North American Energy Partners, Inc.* | 215,920 | 2,662 | ||||||
Oasis Petroleum, Inc.* | 81,440 | 2,575 | ||||||
Pioneer Drilling Co.* | 180,250 | 2,487 | ||||||
Western Refining, Inc.*(a) | 157,430 | 2,668 | ||||||
World Fuel Services Corp. | 83,520 | 3,392 | ||||||
29,148 | ||||||||
Financials (8.8%) | ||||||||
Cardtronics, Inc.* | 212,070 | 4,316 | ||||||
Cathay General Bancorp | 120,425 | 2,053 | ||||||
Encore Capital Group, Inc.* | 192,110 | 4,551 | ||||||
MB Financial, Inc. | 161,845 | 3,392 | ||||||
PMI Group, Inc. (The)* | 525,350 | 1,418 | ||||||
Portfolio Recovery Associates, Inc.* | 63,570 | 5,412 | ||||||
Stifel Financial Corp.* | 67,250 | 4,828 | ||||||
Synovus Financial Corp. | 1,126,920 | 2,705 | ||||||
Webster Financial Corp. | 92,835 | 1,989 | ||||||
Wintrust Financial Corp.(a) | 92,735 | 3,408 | ||||||
World Acceptance Corp.*(a) | 60,150 | 3,922 | ||||||
37,994 | ||||||||
Health Care (15.2%) | ||||||||
Acorda Therapeutics, Inc.* | 56,725 | 1,316 | ||||||
Bio-Reference Laboratories, Inc.*(a) | 111,715 | 2,507 | ||||||
Catalyst Health Solutions, Inc.* | 81,735 | 4,571 | ||||||
Computer Programs & Systems, Inc. | 22,845 | 1,469 | ||||||
Cubist Pharmaceuticals, Inc.* | 103,145 | 2,603 | ||||||
HealthSouth Corp.* | 182,725 | 4,565 | ||||||
Healthspring, Inc.* | 65,615 | 2,452 | ||||||
HeartWare International, Inc.*(a) | 26,340 | 2,253 | ||||||
ICON PLC SP ADR* | 101,465 | 2,191 | ||||||
Impax Laboratories, Inc.* | 72,270 | 1,839 | ||||||
Incyte Corp. Ltd.*(a) | 124,900 | 1,980 | ||||||
Medicines Co. (The)* | 126,000 | 2,053 | ||||||
Medicis Pharmaceutical Corp., CL A | 40,645 | 1,302 | ||||||
Medidata Solutions, Inc.* | 84,700 | 2,166 | ||||||
Merit Medical Systems, Inc.* | 101,775 | 1,997 | ||||||
Momenta Pharmaceuticals, Inc.*(a) | 122,670 | 1,944 | ||||||
Neogen Corp.* | 68,570 | 2,837 | ||||||
NuVasive, Inc.*(a) | 87,855 | 2,225 | ||||||
Onyx Pharmaceuticals, Inc.* | 84,300 | 2,966 | ||||||
Par Pharmaceutical Cos., Inc.* | 29,720 | 924 | ||||||
PSS World Medical, Inc.* | 115,515 | 3,136 | ||||||
Quality Systems, Inc.(a) | 22,175 | 1,848 | ||||||
Questcor Pharmaceuticals, Inc.* | 140,275 | 2,021 | ||||||
Salix Pharmaceuticals Ltd.* | 40,335 | 1,413 | ||||||
SonoSite, Inc.* | 64,650 | 2,154 | ||||||
STERIS Corp. | 99,025 | 3,420 | ||||||
Viropharma, Inc.* | 108,700 | 2,163 | ||||||
West Pharmaceutical Services, Inc. | 63,800 | 2,856 | ||||||
65,171 | ||||||||
Industrials (17.7%) | ||||||||
AAR Corp.* | 112,020 | 3,105 | ||||||
Acacia Research — Acacia Technologies* | 133,035 | 4,552 | ||||||
Actuant Corp. | 163,295 | 4,736 | ||||||
Alaska Air Group, Inc.* | 32,230 | 2,044 | ||||||
American Reprographics Co.* | 150,665 | 1,559 | ||||||
American Science & Engineering, Inc. | 21,835 | 2,017 | ||||||
Barnes Group, Inc. | 89,245 | 1,863 | ||||||
Belden, Inc. | 49,596 | 1,862 | ||||||
CIRCOR International, Inc. | 68,091 | 3,202 | ||||||
Corporate Executive Board Co. (The) | 42,730 | 1,725 | ||||||
EnPro Industries, Inc.* | 79,125 | 2,874 | ||||||
Forward Air Corp. | 130,000 | 3,982 |
78
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
Small Cap Growth Stock Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Industrials—continued | ||||||||
General Cable Corp.* | 57,565 | 2,493 | ||||||
Hexcel Corp.* | 156,210 | 3,076 | ||||||
Hub Group, Inc., Cl A* | 132,955 | 4,812 | ||||||
II-VI, Inc.* | 27,790 | 1,383 | ||||||
InnerWorkings, Inc.*(a) | 314,345 | 2,320 | ||||||
Kelly Services, Inc., Cl A* | 83,207 | 1,806 | ||||||
Knight Transportation, Inc. | 145,445 | 2,800 | ||||||
MasTec, Inc.* | 124,870 | 2,597 | ||||||
Meritor, Inc.* | 103,315 | 1,753 | ||||||
MYR Group, Inc.* | 145,940 | 3,491 | ||||||
RSC Holdings, Inc.* | 349,065 | 5,020 | ||||||
Tetra Tech, Inc.* | 155,900 | 3,849 | ||||||
Triumph Group, Inc. | 27,760 | 2,455 | ||||||
UTi Worldwide, Inc. | 107,530 | 2,176 | ||||||
Valmont Industries, Inc. | 25,435 | 2,655 | ||||||
76,207 | ||||||||
Information Technology (28.6%) | ||||||||
Acme Packet, Inc.* | 78,195 | 5,549 | ||||||
Anixter International, Inc. | 51,140 | 3,574 | ||||||
Ariba, Inc.* | 144,700 | 4,940 | ||||||
Aruba Networks, Inc.*(a) | 192,995 | 6,531 | ||||||
AsiaInfo Holdings, Inc.*(a) | 177,800 | 3,849 | ||||||
Bottomline Technologies, Inc.* | 100,645 | 2,530 | ||||||
BroadSoft, Inc.* | 58,820 | 2,805 | ||||||
Cavium Networks, Inc.* | 96,090 | 4,317 | ||||||
Cirrus Logic, Inc.* | 241,415 | 5,077 | ||||||
Coherent, Inc.* | 74,355 | 4,321 | ||||||
Concur Technologies, Inc.* | 55,565 | 3,081 | ||||||
Constant Contact, Inc.*(a) | 50,885 | 1,776 | ||||||
Cymer, Inc.* | 76,440 | 4,325 | ||||||
Finisar Corp.*(a) | 78,470 | 1,930 | ||||||
MICROS Systems, Inc.* | 35,000 | 1,730 | ||||||
NETGEAR, Inc.* | 131,635 | 4,270 | ||||||
NetSuite, Inc.*(a) | 90,655 | 2,636 | ||||||
NIC, Inc. | 155,750 | 1,941 | ||||||
OpenTable, Inc.*(a) | 37,095 | 3,945 | ||||||
Plantronics, Inc. | 99,225 | 3,634 | ||||||
Rackspace Hosting, Inc.* | 66,055 | 2,830 | ||||||
Radiant Systems, Inc.* | 155,695 | 2,756 | ||||||
RightNow Technologies, Inc.* | 71,370 | 2,234 | ||||||
Riverbed Technology, Inc.* | 84,780 | 3,192 | ||||||
Sapient Corp.* | 137,610 | 1,576 | ||||||
SAVVIS, Inc.* | 115,140 | 4,271 | ||||||
SuccessFactors, Inc.* | 110,665 | 4,326 | ||||||
Taleo Corp., Cl A* | 120,520 | 4,297 | ||||||
Tech Data Corp.* | 57,835 | 2,941 | ||||||
TIBCO Software, Inc.* | 239,360 | 6,523 | ||||||
TriQuint Semiconductor, Inc.* | 440,205 | 5,683 | ||||||
VeriFone Systems, Inc.* | 125,595 | 6,901 | ||||||
VistaPrint NV* | 53,700 | 2,787 | ||||||
123,078 | ||||||||
Materials (4.9%) | ||||||||
Arch Chemicals, Inc. | 57,520 | 2,392 | ||||||
Boise, Inc.(a) | 322,485 | 2,954 | ||||||
Buckeye Technologies, Inc. | 102,855 | 2,801 | ||||||
Materion Corp.* | 69,155 | 2,822 | ||||||
PolyOne Corp. | 197,360 | 2,804 | ||||||
Quaker Chemical Corp. | 64,105 | 2,575 | ||||||
Rock-Tenn Co., Cl A(a) | 39,760 | 2,757 | ||||||
Rockwood Holdings, Inc.* | 38,480 | 1,894 | ||||||
20,999 | ||||||||
Total Common Stocks (Cost $303,661) | 426,716 | |||||||
Short-Term Investment (12.2%) | ||||||||
RidgeWorth Funds Securities Lending Joint Account(b) | 52,689,276 | 52,689 | ||||||
Total Short-Term Investment (Cost $52,689) | 52,689 | |||||||
Money Market Fund (0.5%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(c) | 2,168,056 | 2,168 | ||||||
Total Money Market Fund (Cost $2,168) | 2,168 | |||||||
Total Investments (Cost $358,518)(d) — 111.9% | 481,573 | |||||||
Liabilities in excess of other assets — (11.9)% | (51,303 | ) | ||||||
Net Assets — 100.0% | $ | 430,270 | ||||||
* | Non-income producing security. |
(a) | The security or a partial position of the security was on loan as of March 31, 2011. The total value of securities on loan as of March 31, 2011, in thousands, was $51,603. | |
(b) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before March 31, 2011 (See Notes to Financial Statements). | |
(c) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(d) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
SP ADR | — Sponsored American Depositary Receipt |
79
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Common Stocks (93.9%) | ||||||||
Consumer Discretionary (13.5%) | ||||||||
Aaron’s, Inc. | 488,550 | 12,390 | ||||||
Columbia Sportswear Co. | 7,200 | 428 | ||||||
Cracker Barrel Old Country Store, Inc. | 200,000 | 9,828 | ||||||
Einstein Noah Restaurant Group, Inc. | 209,500 | 3,411 | ||||||
Gafisa SA ADR | 683,500 | 8,776 | ||||||
Guess?, Inc. | 677,454 | 26,658 | ||||||
Hillenbrand, Inc. | 108,400 | 2,331 | ||||||
Lithia Motors, Inc., Cl A | 208,600 | 3,041 | ||||||
NutriSystem, Inc. | 303,250 | 4,394 | ||||||
PRIMEDIA, Inc. | 99,814 | 486 | ||||||
Rent-A-Center, Inc. | 225,400 | 7,869 | ||||||
Scholastic Corp. | 425,450 | 11,504 | ||||||
Sonic Automotive, Inc., Cl A | 144,300 | 2,022 | ||||||
Thor Industries, Inc. | 436,600 | 14,569 | ||||||
Wendy’s/Arby’s Group, Inc., Cl A | 3,095,500 | 15,570 | ||||||
Wolverine World Wide, Inc. | 799,050 | 29,788 | ||||||
153,065 | ||||||||
Consumer Staples (2.9%) | ||||||||
Flowers Foods, Inc. | 526,900 | 14,348 | ||||||
PriceSmart, Inc. | 186,800 | 6,844 | ||||||
WD-40 Co. | 267,050 | 11,307 | ||||||
32,499 | ||||||||
Energy (1.1%) | ||||||||
Southern Union Co. | 188,400 | 5,392 | ||||||
Tidewater, Inc. | 115,100 | 6,889 | ||||||
12,281 | ||||||||
Financials (20.9%) | ||||||||
Advance America Cash Advance Centers, Inc. | 1,023,650 | 5,425 | ||||||
Banco Latinoamericano de Expectaciones SA, Ser E | 217,150 | 3,791 | ||||||
Bank of Hawaii Corp. | 128,400 | 6,140 | ||||||
Campus Crest Communities, Inc. REIT | 173,400 | 2,051 | ||||||
Cash America International, Inc. | 852,450 | 39,255 | ||||||
Cash Store Financial Services, Inc. (The) | 210,700 | 3,053 | ||||||
Compass Diversified Holdings | 553,600 | 8,160 | ||||||
E-House China Holdings Ltd. ADS | 696,000 | 8,178 | ||||||
Evercore Partners, Inc., Cl A | 273,150 | 9,366 | ||||||
Federated Investors, Inc., Cl B | 268,800 | 7,190 | ||||||
Hancock Holding Co. | 110,973 | 3,644 | ||||||
Hanover Insurance Group, Inc. (The) | 401,050 | 18,148 | ||||||
HCC Insurance Holdings, Inc. | 876,400 | 27,440 | ||||||
JMP Group, Inc. | 564,100 | 4,857 | ||||||
LaSalle Hotel Properties, REIT | 408,100 | 11,019 | ||||||
Mid-America Apartment Communities, Inc., REIT | 177,700 | 11,408 | ||||||
Monmouth Real Estate Investment Corp., Cl A REIT | 102,700 | 843 | ||||||
National Retail Properties, Inc. REIT | 397,350 | 10,383 | ||||||
Oppenheimer Holdings, Inc., Cl A | 158,100 | 5,298 | ||||||
Starwood Property Trust, Inc., REIT | 420,300 | 9,373 | ||||||
Tanger Factory Outlet Centers, Inc., REIT | 341,900 | 8,972 | ||||||
Tower Group, Inc. | 270,650 | 6,504 | ||||||
UMB Financial Corp. | 263,150 | 9,830 | ||||||
Washington Real Estate Investment Trust | 318,450 | 9,901 | ||||||
Whitney Holding Corp. | 547,040 | 7,451 | ||||||
237,680 | ||||||||
Health Care (8.2%) | ||||||||
America Service Group, Inc. | 93,300 | 2,392 | ||||||
Cooper Cos., Inc. (The) | 572,296 | 39,746 | ||||||
Ensign Group, Inc. | 225,200 | 7,191 | ||||||
Landauer, Inc. | 87,400 | 5,377 | ||||||
Omnicare, Inc. | 355,500 | 10,661 | ||||||
STERIS Corp. | 487,257 | 16,830 | ||||||
Teleflex, Inc. | 188,550 | 10,932 | ||||||
93,129 | ||||||||
Industrials (26.9%) | ||||||||
A.O. Smith Corp. | 626,975 | 27,800 | ||||||
ABM Industries, Inc. | 381,100 | 9,676 | ||||||
Aceto Corp. | 250,300 | 1,995 | ||||||
Ameron International Corp. | 33,000 | 2,303 | ||||||
Brink’s Co. (The) | 331,400 | 10,973 | ||||||
CIRCOR International, Inc. | 50,000 | 2,351 | ||||||
Copa Holdings SA, Cl A | 184,100 | 9,721 | ||||||
Crane Co. | 240,600 | 11,652 | ||||||
Cubic Corp. | 76,750 | 4,413 | ||||||
GATX Corp. | 320,771 | 12,401 | ||||||
Gol Linhas Aereas Inteligentes SA ADR | 772,850 | 10,611 | ||||||
Grupo Aeroportuario del Pacifico SA de CV SP ADR | 381,776 | 16,222 | ||||||
Harsco Corp. | 401,400 | 14,165 |
80
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
Small Cap Value Equity Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Industrials—continued | ||||||||
Herman Miller, Inc. | 462,600 | 12,717 | ||||||
Houston Wire & Cable Co. | 223,100 | 3,262 | ||||||
IESI-BFC Ltd. | 1,334,350 | 33,852 | ||||||
Interface, Inc., Cl A | 2,092,471 | 38,690 | ||||||
John Beam Technologies Corp. | 550,625 | 10,589 | ||||||
Lennox International, Inc. | 201,900 | 10,616 | ||||||
LSI Industries, Inc. | 88,165 | 638 | ||||||
Nordson Corp. | 49,500 | 5,695 | ||||||
Ryder System, Inc. | 233,900 | 11,835 | ||||||
Snap-on, Inc. | 402,850 | 24,195 | ||||||
Tennant Co. | 127,400 | 5,356 | ||||||
Viad Corp. | 370,800 | 8,877 | ||||||
Wabtec Corp. | 84,500 | 5,732 | ||||||
306,337 | ||||||||
Information Technology (9.1%) | ||||||||
Aixtron AG SP ADR | 876,020 | 38,440 | ||||||
Black Box Corp. | 263,550 | 9,264 | ||||||
Broadridge Financial Solutions, Inc. | 373,200 | 8,468 | ||||||
Cohu, Inc. | 272,753 | 4,189 | ||||||
Comtech Telecommunications Corp. | 323,900 | 8,804 | ||||||
Intersil Corp., Cl A | 1,860,440 | 23,162 | ||||||
Plantronics, Inc. | 318,950 | 11,680 | ||||||
104,007 | ||||||||
Materials (9.6%) | ||||||||
A. Schulman, Inc. | 321,500 | 7,947 | ||||||
Buckeye Technologies, Inc. | 343,100 | 9,343 | ||||||
Carpenter Technology Corp. | 267,600 | 11,429 | ||||||
Cytec Industries, Inc. | 175,300 | 9,531 | ||||||
Globe Specialty Metals, Inc. | 545,500 | 12,416 | ||||||
Haynes International, Inc. | 103,900 | 5,761 | ||||||
Olin Corp. | 706,900 | 16,202 | ||||||
Sensient Technologies Corp. | 247,565 | 8,873 | ||||||
Valspar Corp. (The) | 715,750 | 27,986 | ||||||
109,488 | ||||||||
Utilities (1.7%) | ||||||||
Avista Corp. | 265,450 | 6,140 | ||||||
California Water Service Group | 209,200 | 7,776 | ||||||
Unisource Energy Corp. | 143,000 | 5,166 | ||||||
19,082 | ||||||||
Total Common Stocks (Cost $870,521) | 1,067,568 | |||||||
Money Market Fund (5.1%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(a) | 58,410,161 | 58,410 | ||||||
Total Money Market Fund (Cost $58,410) | 58,410 | |||||||
Total Investments (Cost $928,931)(b) — 99.0% | 1,125,978 | |||||||
Other assets in excess of liabilities — 1.0% | 11,466 | |||||||
Net Assets — 100.0% | $ | 1,137,444 | ||||||
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
ADR | — American Depositary Receipt |
ADS | — American Depositary Shares | |
REIT | — Real Estate Investment Trust | |
SP ADR | — Sponsored American Depositary Receipt |
81
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Long Positions (130.1%) | ||||||||
Common Stocks (129.6%) | ||||||||
Consumer Discretionary (11.6%) | ||||||||
American Greetings Corp., Cl A(a) | 2,700 | 64 | ||||||
Apollo Group, Inc., Cl A* | 2,300 | 96 | ||||||
AutoZone, Inc.* | 100 | 27 | ||||||
Blyth, Inc. | 1,200 | 39 | ||||||
Bob Evans Farms, Inc.(a) | 800 | 26 | ||||||
CEC Entertainment, Inc. | 900 | 34 | ||||||
Coach, Inc.(a) | 2,500 | 130 | ||||||
Comcast Corp., Cl A | 1,600 | 40 | ||||||
Darden Restaurants, Inc. | 800 | 39 | ||||||
Dillard’s, Inc., CL A | 700 | 28 | ||||||
DIRECTV, Cl A*(a) | 1,000 | 47 | ||||||
Expedia, Inc. | 700 | 16 | ||||||
Ford Motor Co.*(a) | 5,900 | 88 | ||||||
GameStop Corp., Cl A* | 1,600 | 36 | ||||||
Gap, Inc. (The)(a) | 4,100 | 93 | ||||||
Garmin Ltd. | 1,100 | 37 | ||||||
ITT Educational Services, Inc.* | 500 | 36 | ||||||
Lowe’s Cos., Inc.(a) | 2,900 | 77 | ||||||
Mattel, Inc. | 1,000 | 25 | ||||||
News Corp., Cl A | 1,600 | 28 | ||||||
NutriSystem, Inc. | 1,600 | 23 | ||||||
Papa John’s International, Inc.* | 600 | 19 | ||||||
PetSmart, Inc. | 500 | 20 | ||||||
RadioShack Corp.(a) | 6,200 | 93 | ||||||
Stage Stores, Inc. | 1,200 | 23 | ||||||
Standard Motor Products, Inc.(a) | 5,600 | 77 | ||||||
Starbucks Corp.(a) | 2,200 | 81 | ||||||
Tempur-Pedic International, Inc.*(a) | 1,200 | 61 | ||||||
Timberland Co. (The), Cl A* | 900 | 37 | ||||||
Time Warner Cable, Inc., Cl A | 800 | 57 | ||||||
Time Warner, Inc.(a) | 3,600 | 129 | ||||||
TJX Cos., Inc. (The) | 1,000 | 50 | ||||||
1,676 | ||||||||
Consumer Staples (7.9%) | ||||||||
Boston Beer Co., Inc. (The), Cl A*(a) | 700 | 65 | ||||||
Coca-Cola Bottling Co. Consolidated | 600 | 40 | ||||||
Constellation Brands, Inc., Cl A*(a) | 6,400 | 130 | ||||||
CVS Caremark Corp. | 1,700 | 58 | ||||||
Dr Pepper Snapple Group, Inc. | 1,600 | 59 | ||||||
Fresh Del Monte Produce, Inc.(a) | 2,700 | 70 | ||||||
Hormel Foods Corp. | 1,400 | 39 | ||||||
Kimberly-Clark Corp.(a) | 300 | 20 | ||||||
Lorillard, Inc.(a) | 500 | 48 | ||||||
Oil-Dri Corp. | 1,500 | 32 | ||||||
Philip Morris International, Inc.(a) | 2,300 | 151 | ||||||
Procter & Gamble Co. (The)(a) | 2,500 | 154 | ||||||
Safeway, Inc.(a) | 3,100 | 73 | ||||||
Sara Lee Corp. | 2,100 | 37 | ||||||
Wal-Mart Stores, Inc.(a) | 3,000 | 156 | ||||||
1,132 | ||||||||
Energy (13.9%) | ||||||||
Apache Corp.(a) | 700 | 92 | ||||||
Chevron Corp.(a) | 6,300 | 677 | ||||||
ConocoPhillips(a) | 4,200 | 336 | ||||||
El Paso Corp. | 1,400 | 25 | ||||||
Exxon Mobil Corp.(a) | 3,208 | 270 | ||||||
Helmerich & Payne, Inc. | 600 | 41 | ||||||
Hess Corp. | 800 | 68 | ||||||
Marathon Oil Corp.(a) | 600 | 32 | ||||||
Occidental Petroleum Corp.(a) | 2,000 | 209 | ||||||
RPC, Inc. | 1,900 | 48 | ||||||
Schlumberger Ltd.(a) | 700 | 65 | ||||||
SEACOR Holdings, Inc. | 1,100 | 102 | ||||||
Williams Cos., Inc. (The) | 1,100 | 34 | ||||||
1,999 | ||||||||
Financials (13.3%) | ||||||||
Alliance Financial Corp. | 1,100 | 37 | ||||||
American National Insurance Co.(a) | 700 | 55 | ||||||
Axis Capital Holdings Ltd. | 1,000 | 35 | ||||||
Bank of America Corp.(a) | 6,000 | 80 | ||||||
Calamos Asset Management, Inc. | 2,800 | 46 | ||||||
Chubb Corp. | 1,300 | 80 | ||||||
Citigroup, Inc.*(a) | 12,200 | 54 | ||||||
Credit Acceptance Corp.* | 600 | 43 | ||||||
Encore Capital Group, Inc.*(a) | 3,300 | 78 | ||||||
Fifth Third Bancorp(a) | 2,200 | 30 | ||||||
First Financial Corp.(a) | 800 | 27 | ||||||
Franklin Resources, Inc. | 800 | 100 | ||||||
Global Indemnity PLC* | 600 | 13 | ||||||
Heartland Financial USA, Inc.(a) | 600 | 10 | ||||||
JPMorgan Chase & Co.(a) | 9,200 | 424 | ||||||
KeyCorp | 4,400 | 39 | ||||||
Leucadia National Corp. | 1,600 | 60 | ||||||
M&T Bank Corp. | 700 | 62 | ||||||
MCG Capital Corp. | 5,900 | 38 | ||||||
NASDAQ OMX Group, Inc. (The)* | 1,500 | 39 | ||||||
Nelnet, Inc., Cl A(a) | 3,200 | 70 | ||||||
PennantPark Investment Corp. | 1,700 | 20 | ||||||
Principal Financial Group, Inc.(a) | 3,500 | 112 | ||||||
Prudential Financial, Inc. | 1,100 | 68 | ||||||
QC Holdings, Inc.(a) | 3,900 | 17 | ||||||
Shore Bancshares, Inc.(a) | 672 | 7 | ||||||
Travelers Cos., Inc. (The)(a) | 2,100 | 125 | ||||||
Wells Fargo & Co.(a) | 3,900 | 124 | ||||||
Westwood Holdings Group, Inc. | 500 | 20 | ||||||
1,913 | ||||||||
82
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
U.S. Equity 130/30 Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Health Care (20.4%) | ||||||||
Aetna, Inc.(a) | 5,000 | 187 | ||||||
Agilent Technologies, Inc.* | 700 | 31 | ||||||
Amgen, Inc.*(a) | 600 | 32 | ||||||
Angiodynamics, Inc.* | 2,200 | 33 | ||||||
Assisted Living Concepts, Inc., Cl A*(a) | 500 | 20 | ||||||
Baxter International, Inc.(a) | 500 | 27 | ||||||
Becton Dickinson and Co. | 1,200 | 96 | ||||||
Bio-Rad Laboratories, Inc., Cl A*(a) | 600 | 72 | ||||||
Biogen Idec, Inc.*(a) | 3,000 | 220 | ||||||
C.R. Bard, Inc. | 400 | 40 | ||||||
Cardinal Health, Inc. | 200 | 8 | ||||||
Cephalon, Inc.*(a) | 4,500 | 341 | ||||||
Coventry Health Care, Inc.*(a) | 2,100 | 67 | ||||||
Eli Lilly & Co.(a) | 5,000 | 176 | ||||||
Emergent Biosolutions, Inc.*(a) | 4,700 | 114 | ||||||
Forest Laboratories, Inc.*(a) | 3,000 | 97 | ||||||
Gilead Sciences, Inc.* | 1,200 | 51 | ||||||
Hill-Rom Holdings, Inc. | 500 | 19 | ||||||
Humana, Inc.*(a) | 3,500 | 245 | ||||||
Johnson & Johnson(a) | 4,700 | 278 | ||||||
Kindred Healthcare, Inc.*(a) | 2,400 | 57 | ||||||
Maxygen, Inc.(a) | 7,700 | 40 | ||||||
Merck & Co., Inc.(a) | 6,300 | 208 | ||||||
Stryker Corp.(a) | 700 | 43 | ||||||
Sun Healthcare Group, Inc.*(a) | 4,200 | 59 | ||||||
Talecris Biotherapeutics Holdings Corp.* | 1,300 | 35 | ||||||
UnitedHealth Group, Inc.(a) | 2,100 | 95 | ||||||
Varian Medical Systems, Inc.* | 900 | 61 | ||||||
West Pharmaceutical Services, Inc. | 900 | 40 | ||||||
Zimmer Holdings, Inc.* | 2,300 | 139 | ||||||
2,931 | ||||||||
Industrials (13.1%) | ||||||||
3M Co.(a) | 1,300 | 122 | ||||||
Alliant Techsystems, Inc.(a) | 1,600 | 113 | ||||||
Consolidated Graphics, Inc.*(a) | 700 | 38 | ||||||
Courier Corp. | 2,100 | 29 | ||||||
CSX Corp.(a) | 1,200 | 94 | ||||||
Deere & Co. | 800 | 77 | ||||||
Dollar Thrifty Automotive Group, Inc.* | 500 | 33 | ||||||
Dycom Industries, Inc.* | 1,200 | 21 | ||||||
Emerson Electric Co.(a) | 3,000 | 175 | ||||||
FedEx Corp.(a) | 900 | 84 | ||||||
General Dynamics Corp.(a) | 700 | 54 | ||||||
General Electric Co.(a) | 5,200 | 104 | ||||||
Honeywell International, Inc. | 500 | 30 | ||||||
Kennametal, Inc. | 900 | 35 | ||||||
Layne Christensen Co.* | 900 | 31 | ||||||
Lockheed Martin Corp. | 400 | 32 | ||||||
NN, Inc.*(a) | 3,600 | 66 | ||||||
Parker Hannifin Corp. | 600 | 57 | ||||||
Pinnacle Airlines Corp.* | 2,900 | 17 | ||||||
R.R. Donnelley & Sons Co. | 1,700 | 32 | ||||||
Raytheon Co. | 700 | 36 | ||||||
Rockwell Automation, Inc.(a) | 200 | 19 | ||||||
Ryder System, Inc. | 1,500 | 76 | ||||||
Sauer-Danfoss, Inc.*(a) | 2,900 | 148 | ||||||
Timken Co. (The) | 900 | 47 | ||||||
Union Pacific Corp. | 900 | 88 | ||||||
United Parcel Service, Inc., Cl B(a) | 1,800 | 134 | ||||||
United Technologies Corp.(a) | 200 | 17 | ||||||
W.W. Grainger, Inc.(a) | 500 | 69 | ||||||
1,878 | ||||||||
Information Technology (35.4%) | ||||||||
Apple, Inc.*(a) | 900 | 314 | ||||||
ATMI, Inc.*(a) | 2,300 | 43 | ||||||
Autodesk, Inc.*(a) | 1,100 | 48 | ||||||
BMC Software, Inc.* | 600 | 30 | ||||||
CA, Inc. | 1,400 | 34 | ||||||
Cisco Systems, Inc.(a) | 7,800 | 134 | ||||||
Cogo Group, Inc.* | 4,000 | 32 | ||||||
Computer Sciences Corp.(a) | 2,300 | 112 | ||||||
Comtech Telecommunications Corp. | 1,200 | 33 | ||||||
DST Systems, Inc.(a) | 1,500 | 79 | ||||||
Earthlink, Inc. | 3,600 | 28 | ||||||
eBay, Inc.*(a) | 4,000 | 124 | ||||||
EchoStar Corp., Cl A*(a) | 3,400 | 129 | ||||||
Electro Rent Corp.(a) | 8,300 | 143 | ||||||
ExlService Holdings, Inc.*(a) | 1,000 | 21 | ||||||
GT Solar International, Inc.* | 3,700 | 39 | ||||||
Hewlett-Packard Co.(a) | 7,300 | 299 | ||||||
IAC/InterActiveCorp* | 1,600 | 49 | ||||||
InfoSpace, Inc.* | 5,400 | 47 | ||||||
Intel Corp.(a) | 20,900 | 422 | ||||||
International Business Machines Corp.(a) | 2,200 | 359 | ||||||
KEMET Corp.* | 2,400 | 36 | ||||||
Lexmark International, Inc., Cl A*(a) | 4,400 | 163 | ||||||
Manhattan Associates, Inc.*(a) | 4,000 | 131 | ||||||
Microsoft Corp.(a) | 26,400 | 669 | ||||||
Molex, Inc. | 1,700 | 43 | ||||||
Oracle Corp.(a) | 7,300 | 244 | ||||||
PC Connection, Inc.* | 2,700 | 24 | ||||||
Power-One, Inc.* | 3,100 | 27 | ||||||
QLogic Corp.*(a) | 6,200 | 115 | ||||||
Richardson Electronics Ltd.(a) | 3,400 | 45 | ||||||
SanDisk Corp.* | 800 | 37 | ||||||
Standard Microsystems Corp.* | 1,400 | 34 |
83
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
U.S. Equity 130/30 Fund — continued
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Information Technology—continued | ||||||||
Symantec Corp.*(a) | 2,000 | 37 | ||||||
SYNNEX Corp.* | 2,300 | 75 | ||||||
TeleTech Holdings, Inc.* | 2,000 | 39 | ||||||
Tellabs, Inc. | 15,300 | 80 | ||||||
Texas Instruments, Inc.(a) | 5,800 | 200 | ||||||
Unisys Corp.* | 1,300 | 41 | ||||||
ValueClick, Inc.*(a) | 4,700 | 68 | ||||||
Visa, Inc., Cl A | 800 | 59 | ||||||
Vishay Intertechnology, Inc.*(a) | 13,200 | 234 | ||||||
Vishay Precision Group, Inc.* | 21 | — | ||||||
Xilinx, Inc.(a) | 1,200 | 39 | ||||||
Yahoo!, Inc.*(a) | 7,900 | 132 | ||||||
5,091 | ||||||||
Materials (8.0%) | ||||||||
Alcoa, Inc.(a) | 5,000 | 88 | ||||||
CF Industries Holdings, Inc. | 700 | 96 | ||||||
Domtar Corp. | 1,200 | 110 | ||||||
E.I. du Pont de Nemours & Co.(a) | 500 | 27 | ||||||
Eastman Chemical Co. | 700 | 70 | ||||||
Freeport-McMoRan Copper & Gold, Inc.(a) | 3,900 | 217 | ||||||
Hecla Mining Co.* | 3,900 | 35 | ||||||
Innophos Holdings, Inc. | 1,600 | 74 | ||||||
Metals USA Holdings Corp.* | 2,300 | 38 | ||||||
Minerals Technologies, Inc. | 700 | 48 | ||||||
Newmont Mining Corp.(a) | 4,100 | 224 | ||||||
OM Group, Inc.*(a) | 1,100 | 40 | ||||||
Solutia, Inc.* | 1,200 | 30 | ||||||
Stepan Co. | 500 | 36 | ||||||
Universal Stainless & Alloy Products, Inc.* | 400 | 14 | ||||||
1,147 | ||||||||
Telecommunication Services (4.6%) | ||||||||
AT&T, Inc.(a) | 5,700 | 174 | ||||||
Qwest Communications International, Inc. | 4,200 | 29 | ||||||
Telephone & Data Systems, Inc.(a) | 6,700 | 226 | ||||||
USA Mobility, Inc.(a) | 13,200 | 191 | ||||||
Verizon Communications, Inc. | 1,000 | 39 | ||||||
659 | ||||||||
Utilities (1.4%) | ||||||||
Entergy Corp. | 800 | 54 | ||||||
Exelon Corp.(a) | 1,300 | 54 | ||||||
Northeast Utilities | 1,000 | 34 | ||||||
Xcel Energy, Inc.(a) | 2,300 | 55 | ||||||
197 | ||||||||
Total Common Stocks (Cost $16,062) | 18,623 | |||||||
Money Market Fund (0.5%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(b) | 66,745 | 67 | ||||||
Total Money Market Fund (Cost $67) | 67 | |||||||
Total Long Positions (Cost $16,129)(c) — 130.1% | 18,690 | |||||||
Other assets in excess of liabilities — 0.5% | 72 | |||||||
Short Positions (see summary below) — (30.6)% | (4,391 | ) | ||||||
Net Assets — 100.0% | $ | 14,371 | ||||||
Short Positions ((30.6)%) | ||||||||
Common Stocks Sold Short ((30.6)%) | ||||||||
Consumer Discretionary ((2.3)%) | ||||||||
bebe Stores, Inc. | (2,900 | ) | (17 | ) | ||||
Cavco Industries, Inc.* | (600 | ) | (27 | ) | ||||
K-Swiss, Inc., Cl A* | (2,800 | ) | (31 | ) | ||||
K12, Inc.* | (2,100 | ) | (71 | ) | ||||
Liz Claiborne, Inc.* | (3,700 | ) | (20 | ) | ||||
Lumber Liquidators Holdings, Inc.* | (1,200 | ) | (30 | ) | ||||
Nordstrom, Inc. | (1,600 | ) | (72 | ) | ||||
Princeton Review, Inc. (The)* | (5,200 | ) | (2 | ) | ||||
Ryland Group, Inc. (The) | (3,600 | ) | (57 | ) | ||||
(327 | ) | |||||||
Consumer Staples ((0.7)%) | ||||||||
Central European Distribution Corp.* | (1,000 | ) | (11 | ) | ||||
United Natural Foods, Inc.* | (2,000 | ) | (90 | ) | ||||
(101 | ) | |||||||
Financials ((1.0)%) | ||||||||
Arch Capital Group Ltd.* | (400 | ) | (40 | ) | ||||
CoBiz Financial, Inc. | (3,100 | ) | (21 | ) | ||||
First Financial Holdings, Inc. | (2,100 | ) | (24 | ) | ||||
Interactive Brokers Group, Inc., Cl A | (1,700 | ) | (27 | ) | ||||
Susquehanna Bancshares, Inc. | (3,600 | ) | (34 | ) | ||||
(146 | ) | |||||||
Health Care ((7.8)%) | ||||||||
Accretive Health, Inc.* | (3,000 | ) | (83 | ) | ||||
Allos Therapeutics, Inc.* | (3,500 | ) | (11 | ) | ||||
Auxilium Pharmaceuticals, Inc.* | (1,600 | ) | (34 | ) | ||||
Bio-Reference Labs, Inc.* | (1,300 | ) | (29 | ) | ||||
BioScrip, Inc.* | (5,500 | ) | (26 | ) | ||||
Catalyst Health Solutions, Inc.* | (700 | ) | (39 | ) | ||||
Celldex Therapeutics, Inc.* | (3,900 | ) | (16 | ) | ||||
Dendreon Corp.* | (2,400 | ) | (90 | ) | ||||
ExamWorks Group, Inc.* | (2,000 | ) | (45 | ) |
84
RIDGEWORTH FUNDS March 31, 2011 (Amounts in thousands, except Shares)
U.S. Equity 130/30 Fund — concluded
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Health Care—continued | ||||||||
Healthsouth Corp.* | (2,700 | ) | (68 | ) | ||||
HeartWare International, Inc.* | (2,400 | ) | (205 | ) | ||||
HMS Holdings Corp.* | (700 | ) | (57 | ) | ||||
ImmunoGen, Inc.* | (3,100 | ) | (28 | ) | ||||
Insulet Corp.* | (2,000 | ) | (41 | ) | ||||
MAKO Surgical Corp.* | (2,500 | ) | (61 | ) | ||||
Metabolix, Inc.* | (1,700 | ) | (18 | ) | ||||
Molina Healthcare, Inc.* | (1,100 | ) | (44 | ) | ||||
Myrexis, Inc.* | (5,800 | ) | (22 | ) | ||||
Optimer Pharmaceuticals, Inc.* | (3,400 | ) | (40 | ) | ||||
Pharmasset, Inc.* | (1,100 | ) | (87 | ) | ||||
Vertex Pharmaceuticals, Inc.* | (1,400 | ) | (67 | ) | ||||
(1,111 | ) | |||||||
Industrials ((2.6)%) | ||||||||
AMR Corp.* | (9,200 | ) | (59 | ) | ||||
Boeing Co. (The) | (500 | ) | (37 | ) | ||||
Con-way, Inc. | (2,000 | ) | (79 | ) | ||||
Flanders Corp.* | (2,700 | ) | (9 | ) | ||||
Healthcare Services Group, Inc. | (2,200 | ) | (39 | ) | ||||
Integrated Electrical Services, Inc.* | (5,100 | ) | (18 | ) | ||||
Roadrunner Transportation Systems, Inc.* | (3,900 | ) | (58 | ) | ||||
Satcon Technology Corp.* | (8,700 | ) | (34 | ) | ||||
USG Corp.* | (2,300 | ) | (38 | ) | ||||
(371 | ) | |||||||
Information Technology ((13.2)%) | ||||||||
Alliance Data Systems Corp.* | (2,700 | ) | (232 | ) | ||||
Ariba, Inc.* | (1,500 | ) | (51 | ) | ||||
Brocade Communications Systems, Inc.* | (4,700 | ) | (29 | ) | ||||
Calix, Inc.* | (2,300 | ) | (47 | ) | ||||
Comverge, Inc.* | (4,100 | ) | (19 | ) | ||||
Concur Technologies, Inc.* | (1,200 | ) | (67 | ) | ||||
Cray, Inc.* | (6,400 | ) | (41 | ) | ||||
eLoyalty Corp.* | (4,100 | ) | (30 | ) | ||||
Equinix, Inc.* | (500 | ) | (46 | ) | ||||
FLIR Systems, Inc. | (1,300 | ) | (45 | ) | ||||
GSI Commerce, Inc.* | (1,300 | ) | (38 | ) | ||||
Heartland Payment Systems, Inc. | (2,900 | ) | (51 | ) | ||||
Hittite Microwave Corp.* | (600 | ) | (38 | ) | ||||
Hollysys Automation Technologies Ltd.* | (3,800 | ) | (51 | ) | ||||
Integral Systems, Inc.* | (2,800 | ) | (34 | ) | ||||
IPG Photonics Corp.* | (600 | ) | (35 | ) | ||||
L-1 Identity Solutions, Inc.* | (4,400 | ) | (52 | ) | ||||
Limelight Networks, Inc.* | (4,800 | ) | (34 | ) | ||||
Motorola Solutions, Inc.* | (15 | ) | (1 | ) | ||||
NetLogic Microsystems, Inc.* | (1,700 | ) | (71 | ) | ||||
Oclaro, Inc.* | (6,100 | ) | (70 | ) | ||||
OpenTable, Inc.* | (300 | ) | (32 | ) | ||||
OSI Systems, Inc.* | (400 | ) | (15 | ) | ||||
Pegasystems, Inc. | (1,100 | ) | (42 | ) | ||||
Plexus Corp.* | (1,300 | ) | (46 | ) | ||||
Rambus, Inc.* | (3,200 | ) | (63 | ) | ||||
RealD, Inc.* | (6,100 | ) | (167 | ) | ||||
Sanmina-SCI Corp.* | (2,400 | ) | (27 | ) | ||||
ShoreTel, Inc.* | (5,100 | ) | (42 | ) | ||||
Silicon Graphics International Corp.* | (2,100 | ) | (45 | ) | ||||
Sourcefire, Inc.* | (1,400 | ) | (38 | ) | ||||
Synchronoss Technologies, Inc.* | (1,100 | ) | (38 | ) | ||||
TeleCommunication Systems, Inc., Cl A* | (3,500 | ) | (14 | ) | ||||
TiVo, Inc.* | (8,600 | ) | (75 | ) | ||||
Ultra Clean Holdings* | (3,300 | ) | (34 | ) | ||||
United Online, Inc. | (3,200 | ) | (20 | ) | ||||
Universal Display Corp.* | (1,400 | ) | (77 | ) | ||||
Volterra Semiconductor Corp.* | (1,700 | ) | (42 | ) | ||||
(1,899 | ) | |||||||
Materials ((1.9)%) | ||||||||
Allied Nevada Gold Corp.* | (2,800 | ) | (99 | ) | ||||
Greif, Inc., CL A | (600 | ) | (39 | ) | ||||
Mesabi Trust | (800 | ) | (33 | ) | ||||
Temple-Inland, Inc. | (2,600 | ) | (61 | ) | ||||
Valspar Corp. | (1,100 | ) | (43 | ) | ||||
(275 | ) | |||||||
Telecommunication Services ((0.6)%) | ||||||||
Clearwire Corp., Cl A* | (12,100 | ) | (67 | ) | ||||
Windstream Corp. | (1,527 | ) | (20 | ) | ||||
(87 | ) | |||||||
Utilities ((0.5)%) | ||||||||
Hawaiian Electric Industries, Inc. | (1,500 | ) | (37 | ) | ||||
UIL Holdings Corp. | (1,200 | ) | (37 | ) | ||||
(74 | ) | |||||||
Total Short Positions (30.6)% (Proceeds $(4,064)) | (4,391 | ) | ||||||
* | Non-income producing security. |
(a) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. | |
(b) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(c) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
85
Shares | Value($) | |||||||
Equity Funds (85.8%)(a) | ||||||||
RidgeWorth Aggressive Growth Stock Fund* | 70,255 | 1,156 | ||||||
RidgeWorth International Equity 130/30 Fund | 189,610 | 1,414 | ||||||
RidgeWorth International Equity Fund | 36,479 | 424 | ||||||
RidgeWorth International Equity Index Fund | 34,688 | 469 | ||||||
RidgeWorth Large Cap Core Growth Stock Fund** | 144,517 | 2,064 | ||||||
RidgeWorth Large Cap Growth Stock Fund | 198,203 | 2,289 | ||||||
RidgeWorth Large Cap Quantitative Equity Fund | 165,893 | 2,047 | ||||||
RidgeWorth Large Cap Value Equity Fund | 340,393 | 4,585 | ||||||
RidgeWorth Mid-Cap Core Equity Fund | 94,710 | 1,156 | ||||||
RidgeWorth Mid-Cap Value Equity Fund | 97,693 | 1,241 | ||||||
RidgeWorth Real Estate 130/30 Fund | 124,829 | 1,005 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund* | 69,934 | 2,274 | ||||||
RidgeWorth Small Cap Growth Stock Fund* | 78,139 | 1,342 | ||||||
RidgeWorth Small Cap Value Equity Fund | 88,216 | 1,283 | ||||||
RidgeWorth U.S. Equity 130/30 Fund | 143,688 | 1,464 | ||||||
Total Equity Funds (Cost $19,075) | 24,213 | |||||||
Exchange Traded Funds (12.0%) | ||||||||
iShares MSCI Emerging Markets Index Fund | 23,182 | 1,129 | ||||||
iShares Russell 2000 Index Fund | 3,435 | 289 | ||||||
iShares S&P 500 Index Fund | 5,531 | 736 | ||||||
Market Vectors Gold Miners Fund | 20,773 | 1,247 | ||||||
Total Exchange Traded Funds (Cost $3,050) | 3,401 | |||||||
Money Market Fund (2.2%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(b) | 620,261 | 620 | ||||||
Total Money Market Fund (Cost $620) | 620 | |||||||
Total Investments (Cost $22,745)(c) — 100.0% | 28,234 | |||||||
Other assets in excess of liabilities — 0.0% | 4 | |||||||
Net Assets — 100.0% | $ | 28,238 | ||||||
* | Non-income producing security. |
** | Formerly Large Cap Core Equity Fund. |
(a) | Affiliated investment. Investment is in I Shares. | |
(b) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(c) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
86
Shares | Value($) | |||||||
Equity Funds (28.7%)(a) | ||||||||
RidgeWorth Aggressive Growth Stock Fund* | 19,748 | 325 | ||||||
RidgeWorth International Equity 130/30 Fund | 53,247 | 397 | ||||||
RidgeWorth International Equity Fund | 10,351 | 120 | ||||||
RidgeWorth International Equity Index Fund | 9,842 | 133 | ||||||
RidgeWorth Large Cap Core Growth Stock Fund** | 52,812 | 754 | ||||||
RidgeWorth Large Cap Growth Stock Fund | 86,200 | 996 | ||||||
RidgeWorth Large Cap Quantitative Equity Fund | 46,562 | 575 | ||||||
RidgeWorth Large Cap Value Equity Fund | 135,178 | 1,821 | ||||||
RidgeWorth Mid-Cap Core Equity Fund | 26,638 | 325 | ||||||
RidgeWorth Mid-Cap Value Equity Fund | 27,271 | 346 | ||||||
RidgeWorth Real Estate 130/30 Fund | 34,552 | 278 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund* | 30,481 | 991 | ||||||
RidgeWorth Small Cap Growth Stock Fund* | 22,050 | 379 | ||||||
RidgeWorth Small Cap Value Equity Fund | 24,912 | 362 | ||||||
RidgeWorth U.S. Equity 130/30 Fund | 40,193 | 410 | ||||||
Total Equity Funds (Cost $6,568) | 8,212 | |||||||
Fixed Income Funds (60.9%)(a) | ||||||||
RidgeWorth Corporate Bond Fund | 138,572 | 1,329 | ||||||
RidgeWorth High Income Fund | 184,635 | 1,344 | ||||||
RidgeWorth Intermediate Bond Fund | 764,136 | 7,909 | ||||||
RidgeWorth Seix Floating Rate High Income Fund | 83,840 | 755 | ||||||
RidgeWorth Seix High Yield Fund | 132,877 | 1,338 | ||||||
RidgeWorth Total Return Bond Fund | 328,671 | 3,418 | ||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund | 130,053 | 1,310 | ||||||
Total Fixed Income Funds (Cost $17,265) | 17,403 | |||||||
Exchange Traded Funds (6.6%) | ||||||||
iShares Barclays 20+ Year Treasury Bond Fund | 3,326 | 306 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund | 259 | 28 | ||||||
iShares MSCI Emerging Markets Index Fund | 6,529 | 318 | ||||||
iShares Russell 2000 Index Fund | 1,597 | 134 | ||||||
iShares S&P 500 Index Fund | 5,554 | 739 | ||||||
Market Vectors Gold Miners Fund | 5,868 | 353 | ||||||
Total Exchange Traded Funds (Cost $1,729) | 1,878 | |||||||
Money Market Fund (3.4%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(b) | 978,914 | 979 | ||||||
Total Money Market Fund (Cost $979) | 979 | |||||||
Total Investments (Cost $26,541)(c) — 99.6% | 28,472 | |||||||
Other assets in excess of liabilities — 0.4% | 101 | |||||||
Net Assets — 100.0% | $ | 28,573 | ||||||
* | Non-income producing security. |
** | Formerly Large Cap Core Equity Fund. |
(a) | Affiliated investment. Investment is in I Shares. | |
(b) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(c) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
87
Shares | Value($) | |||||||
Equity Funds (66.2%)(a) | ||||||||
RidgeWorth Aggressive Growth Stock Fund* | 130,370 | 2,146 | ||||||
RidgeWorth International Equity 130/30 Fund | 351,522 | 2,622 | ||||||
RidgeWorth International Equity Fund | 67,899 | 789 | ||||||
RidgeWorth International Equity Index Fund | 64,437 | 871 | ||||||
RidgeWorth Large Cap Core Growth Stock Fund** | 335,081 | 4,785 | ||||||
RidgeWorth Large Cap Growth Stock Fund | 367,834 | 4,249 | ||||||
RidgeWorth Large Cap Quantitative Equity Fund | 307,946 | 3,800 | ||||||
RidgeWorth Large Cap Value Equity Fund | 631,768 | 8,510 | ||||||
RidgeWorth Mid-Cap Core Equity Fund | 175,772 | 2,146 | ||||||
RidgeWorth Mid-Cap Value Equity Fund | 181,026 | 2,299 | ||||||
RidgeWorth Real Estate 130/30 Fund | 230,974 | 1,859 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund* | 129,791 | 4,220 | ||||||
RidgeWorth Small Cap Growth Stock Fund* | 145,281 | 2,494 | ||||||
RidgeWorth Small Cap Value Equity Fund | 164,046 | 2,385 | ||||||
RidgeWorth U.S. Equity 130/30 Fund | 266,686 | 2,718 | ||||||
Total Equity Funds (Cost $34,842) | 45,893 | |||||||
Fixed Income Funds (23.3%)(a) | ||||||||
RidgeWorth Corporate Bond Fund | 126,503 | 1,213 | ||||||
RidgeWorth High Income Fund | 170,283 | 1,240 | ||||||
RidgeWorth Intermediate Bond Fund | 515,477 | 5,335 | ||||||
RidgeWorth Seix Floating Rate High Income Fund | 89,388 | 805 | ||||||
RidgeWorth Seix High Yield Fund | 122,414 | 1,233 | ||||||
RidgeWorth Total Return Bond Fund | 531,374 | 5,526 | ||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund | 77,952 | 785 | ||||||
Total Fixed Income Funds (Cost $15,733) | 16,137 | |||||||
Exchange Traded Funds (8.7%) | ||||||||
iShares Barclays 20+ Year Treasury Bond Fund | 3,592 | 331 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund | 371 | 41 | ||||||
iShares MSCI Emerging Markets Index Fund | 43,034 | 2,095 | ||||||
iShares Russell 2000 Index Fund | 6,343 | 534 | ||||||
iShares S&P 500 Index Fund | 5,167 | 687 | ||||||
Market Vectors Gold Miners Fund | 38,610 | 2,319 | ||||||
Total Exchange Traded Funds (Cost $5,287) | 6,007 | |||||||
Money Market Fund (1.8%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(b) | 1,284,018 | 1,284 | ||||||
Total Money Market Fund (Cost $1,284) | 1,284 | |||||||
Total Investments (Cost $57,146)(c) — 100.0% | 69,321 | |||||||
Other assets in excess of liabilities — 0.0% | 8 | |||||||
Net Assets — 100.0% | $ | 69,329 | ||||||
* | Non-income producing security. |
** | Formerly Large Cap Core Equity Fund. |
(a) | Affiliated investment. Investment is in I Shares. | |
(b) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(c) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
88
Shares | Value($) | |||||||
Equity Funds (48.3%)(a) | ||||||||
RidgeWorth Aggressive Growth Stock Fund* | 209,099 | 3,442 | ||||||
RidgeWorth International Equity 130/30 Fund | 563,608 | 4,205 | ||||||
RidgeWorth International Equity Fund | 109,057 | 1,267 | ||||||
RidgeWorth International Equity Index Fund | 103,515 | 1,400 | ||||||
RidgeWorth Large Cap Core Growth Stock Fund** | 540,702 | 7,721 | ||||||
RidgeWorth Large Cap Growth Stock Fund | 589,850 | 6,813 | ||||||
RidgeWorth Large Cap Quantitative Equity Fund | 493,478 | 6,090 | ||||||
RidgeWorth Large Cap Value Equity Fund | 1,012,938 | 13,644 | ||||||
RidgeWorth Mid-Cap Core Equity Fund | 281,997 | 3,443 | ||||||
RidgeWorth Mid-Cap Value Equity Fund | 290,318 | 3,687 | ||||||
RidgeWorth Real Estate 130/30 Fund | 369,921 | 2,978 | ||||||
RidgeWorth Select Large Cap Growth Stock Fund* | 208,127 | 6,766 | ||||||
RidgeWorth Small Cap Growth Stock Fund* | 233,166 | 4,003 | ||||||
RidgeWorth Small Cap Value Equity Fund | 263,223 | 3,827 | ||||||
RidgeWorth U.S. Equity 130/30 Fund | 427,128 | 4,352 | ||||||
Total Equity Funds (Cost $55,871) | 73,638 | |||||||
Fixed Income Funds (42.5%)(a) | ||||||||
RidgeWorth Corporate Bond Fund | 511,173 | 4,902 | ||||||
RidgeWorth High Income Fund | 689,293 | 5,018 | ||||||
RidgeWorth Intermediate Bond Fund | 2,118,119 | 21,923 | ||||||
RidgeWorth Seix Floating Rate High Income Fund | 360,957 | 3,252 | ||||||
RidgeWorth Seix High Yield Fund | 495,652 | 4,991 | ||||||
RidgeWorth Total Return Bond Fund | 2,047,750 | 21,297 | ||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund | 339,704 | 3,421 | ||||||
Total Fixed Income Funds (Cost $63,326) | 64,804 | |||||||
Exchange Traded Funds (7.2%) | ||||||||
iShares Barclays 20+ Year Treasury Bond Fund | 14,418 | 1,328 | ||||||
iShares Barclays U.S. Treasury Inflation Protected Securities Fund | 1,192 | 130 | ||||||
iShares MSCI Emerging Markets Index Fund | 68,994 | 3,359 | ||||||
iShares Russell 2000 Index Fund | 10,170 | 856 | ||||||
iShares S&P 500 Index Fund | 12,210 | 1,624 | ||||||
Market Vectors Gold Miners Fund | 61,935 | 3,720 | ||||||
Total Exchange Traded Funds (Cost $9,850) | 11,017 | |||||||
Money Market Fund (2.0%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(b) | 3,050,720 | 3,051 | ||||||
Total Money Market Fund (Cost $3,051) | 3,051 | |||||||
Total Investments (Cost $132,098)(c) — 100.0% | 152,510 | |||||||
Liabilities in excess of other assets — (0.0)% | (38 | ) | ||||||
Net Assets — 100.0% | $ | 152,472 | ||||||
* | Non-income producing security. |
** | Formerly Large Cap Core Equity Fund. |
(a) | Affiliated investment. Investment is in I Shares. | |
(b) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(c) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
89
Aggressive | Emerging | International | International | |||||||||||||||||
Growth | Growth | Equity | International | Equity | ||||||||||||||||
Stock Fund | Stock Fund | 130/30 Fund | Equity Fund | Index Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $ | 79,826 | $ | 18,211 | $ | 130,856 | $ | 213,330 | $ | 294,506 | ||||||||||
Total Investments, at Value* | $ | 137,396 | $ | 25,801 | $ | 138,334 | $ | 264,058 | $ | 497,015 | ||||||||||
Cash | — | — | 4 | — | — | |||||||||||||||
Dividends Receivable | 9 | 1 | 450 | 1,069 | 1,565 | |||||||||||||||
Foreign Currency, at Value (Cost $—, $—, $373, $466 and $315, respectively) | — | — | 373 | 472 | 315 | |||||||||||||||
Receivable for Capital Shares Issued | 465 | 3,069 | 58 | 12 | 547 | |||||||||||||||
Receivable for Investment Securities Sold | 2,300 | 885 | 19,074 | 7,702 | 326 | |||||||||||||||
Reclaims Receivable | — | — | 110 | 198 | 216 | |||||||||||||||
Prepaid Expenses and Other Assets | 5 | 3 | 5 | — | 4 | |||||||||||||||
Total Assets | 140,175 | 29,759 | 158,408 | 273,511 | 499,988 | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 1,784 | 1,297 | 17,115 | 6,504 | — | |||||||||||||||
Payable for Cash Overdraft | — | — | — | 2,052 | 167 | |||||||||||||||
Payable for Investment Securities Sold Short, at Value (Proceeds $—, $—, $30,503, $— and $—, respectively) | — | — | 32,116 | — | — | |||||||||||||||
Dividends Payable for Securities Sold Short | — | — | 122 | — | — | |||||||||||||||
Payable for Capital Shares Redeemed | 82 | — | 411 | 653 | 426 | |||||||||||||||
Payable Upon Return of Securities Loaned | — | 152 | — | 4,462 | 16,118 | |||||||||||||||
Investment Advisory Fees Payable | 123 | 16 | 116 | 254 | 207 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees Payable | 12 | 3 | 12 | 18 | 17 | |||||||||||||||
Compliance and Fund Services Fees Payable | 2 | — | 2 | 5 | 9 | |||||||||||||||
Distribution and Service Fees Payable | 1 | — | — | 2 | 1 | |||||||||||||||
Shareholder Servicing Fees Payable | — | — | — | — | 6 | |||||||||||||||
Cash Collateral Due to Broker | — | — | 3,600 | — | — | |||||||||||||||
Custodian Fees Payable | 6 | 5 | 59 | 75 | 348 | |||||||||||||||
Accrued Expenses | 3 | 1 | 10 | 6 | 7 | |||||||||||||||
Total Liabilities | 2,013 | 1,474 | 53,563 | 14,031 | 17,306 | |||||||||||||||
Total Net Assets | $ | 138,162 | $ | 28,285 | $ | 104,845 | $ | 259,480 | $ | 482,682 | ||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $ | 116,080 | $ | 41,154 | $ | 117,209 | $ | 514,783 | $ | 326,494 | ||||||||||
Accumulated Net Investment Income (Loss) | 5 | — | 71 | 788 | 945 | |||||||||||||||
Accumulated Net Realized Loss from Investment and Foreign Currency Transactions | (35,493 | ) | (20,459 | ) | (18,308 | ) | (306,864 | ) | (47,311 | ) | ||||||||||
Net Unrealized Appreciation on Investments and Foreign Currencies | 57,570 | 7,590 | 5,873 | 50,773 | 202,554 | |||||||||||||||
Net Assets | $ | 138,162 | $ | 28,285 | $ | 104,845 | $ | 259,480 | $ | 482,682 | ||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $ | 134,643 | $ | 26,439 | $ | 104,822 | $ | 252,253 | $ | 478,223 | ||||||||||
A Shares | 3,519 | 1,846 | 23 | 7,227 | 4,459 | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 8,183 | 1,606 | 14,056 | 21,710 | 35,379 | |||||||||||||||
A Shares | 219 | 116 | 3 | 629 | 332 | |||||||||||||||
Net Asset Value and Redemption Price Per Share:(a) | ||||||||||||||||||||
I Shares | $ | 16.45 | (b) | $ | 16.46 | $ | 7.46 | $ | 11.62 | $ | 13.52 | |||||||||
A Shares | 16.10 | 16.07 | 7.48 | 11.49 | 13.40 | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $ | 17.08 | $ | 17.05 | $ | 7.94 | $ | 12.19 | $ | 14.22 | ||||||||||
Maximum Sales Charge — A Shares | 5.75 | % | 5.75 | % | 5.75 | % | 5.75 | % | 5.75 | % |
* | Investments include securities on loan of $—, $150, $—, $4,278 and $13,781, respectively. |
(a) | Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding. |
(b) | Net Asset Value (“NAV”) varies from NAV reported to shareholders on March 31, 2011, as these financial statements are prepared inclusive of trade date adjustments. |
90
Large Cap | Large Cap | Large Cap | Large Cap | Mid-Cap | ||||||||||||||||
Core | Growth | Quantitative | Value | Core | ||||||||||||||||
Growth Stock Fund* | Stock Fund | Equity Fund | Equity Fund | Equity Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $ | 338,893 | $ | 293,968 | $ | 16,550 | $ | 1,257,961 | $ | 20,337 | ||||||||||
Total Investments, at Value** | $ | 391,586 | $ | 470,416 | $ | 17,562 | $ | 1,454,610 | $ | 29,713 | ||||||||||
Interest and Dividends Receivable | 282 | 391 | 12 | 2,691 | 40 | |||||||||||||||
Receivable for Capital Shares Issued | 273 | 560 | — | 2,928 | 127 | |||||||||||||||
Receivable for Investment Securities Sold | 15,170 | — | 4,362 | 21,239 | 332 | |||||||||||||||
Prepaid Expenses and Other Assets | 6 | 4 | 2 | 28 | — | |||||||||||||||
Total Assets | 407,317 | 471,371 | 21,938 | 1,481,496 | 30,212 | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 16,798 | — | 4,373 | 19,976 | 143 | |||||||||||||||
Payable for Capital Shares Redeemed | 959 | 806 | — | 1,131 | 283 | |||||||||||||||
Payable Upon Return of Securities Loaned | — | — | — | 11,534 | 466 | |||||||||||||||
Investment Advisory Fees Payable | 288 | 388 | 1 | 921 | 25 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees Payable | 48 | 67 | 4 | 127 | 4 | |||||||||||||||
Compliance and Fund Services Fees Payable | 7 | 8 | — | 23 | 1 | |||||||||||||||
Distribution and Service Fees Payable | 23 | 27 | — | 35 | 4 | |||||||||||||||
Custodian Fees Payable | 6 | 7 | 7 | 12 | 10 | |||||||||||||||
Accrued Expenses | 10 | 13 | 10 | 34 | 1 | |||||||||||||||
Total Liabilities | 18,139 | 1,316 | 4,395 | 33,793 | 937 | |||||||||||||||
Total Net Assets | $ | 389,178 | $ | 470,055 | $ | 17,543 | $ | 1,447,703 | $ | 29,275 | ||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $ | 517,756 | $ | 314,258 | $ | 47,315 | $ | 1,329,521 | $ | 21,620 | ||||||||||
Accumulated Net Investment Income (Loss) | — | 43 | 25 | 287 | 1 | |||||||||||||||
Accumulated Net Realized Loss from Investment Transactions | (181,271 | ) | (20,694 | ) | (30,809 | ) | (78,754 | ) | (1,722 | ) | ||||||||||
Net Unrealized Appreciation on Investments | 52,693 | 176,448 | 1,012 | 196,649 | 9,376 | |||||||||||||||
Net Assets | $ | 389,178 | $ | 470,055 | $ | 17,543 | $ | 1,447,703 | $ | 29,275 | ||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $ | 348,113 | $ | 406,017 | $ | 16,916 | $ | 1,348,969 | $ | 19,941 | ||||||||||
A Shares | 18,880 | 46,358 | 627 | 80,048 | 5,528 | |||||||||||||||
C Shares | 22,185 | 17,680 | — | 18,686 | 3,806 | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 24,372 | 35,146 | 1,370 | 100,135 | 1,632 | |||||||||||||||
A Shares | 1,308 | 4,331 | 52 | 5,971 | 480 | |||||||||||||||
C Shares | 1,584 | 1,866 | — | 1,414 | 374 | |||||||||||||||
Net Asset Value and Redemption Price Per Share:(a) | ||||||||||||||||||||
I Shares | $ | 14.28 | $ | 11.55 | $ | 12.34 | $ | 13.47 | $ | 12.21 | ||||||||||
A Shares | 14.43 | 10.70 | 12.22 | 13.41 | 11.52 | |||||||||||||||
C Shares(b) | 14.00 | 9.48 | — | 13.21 | 10.19 | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $ | 15.31 | $ | 11.35 | $ | 12.97 | $ | 14.23 | $ | 12.22 | ||||||||||
Maximum Sales Charge — A Shares | 5.75 | % | 5.75 | % | 5.75 | % | 5.75 | % | 5.75 | % |
* | Formerly Large Cap Core Equity Fund. |
** | Investments include securities on loan of $—, $—, $—, $11,334 and $455, respectively. |
(a) | Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding. |
(b) | Redemption price per share varies based on length of time shares are held. |
91
Mid-Cap | Select Large | Small Cap | Small Cap | |||||||||||||||||
Value | Real Estate | Cap Growth | Growth | Value | ||||||||||||||||
Equity Fund | 130/30 Fund | Stock Fund | Stock Fund | Equity Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $ | 1,927,266 | $ | 11,482 | $ | 70,691 | $ | 358,518 | $ | 928,931 | ||||||||||
Total Investments, at Value* | $ | 2,088,389 | $ | 14,520 | $ | 100,156 | $ | 481,573 | $ | 1,125,978 | ||||||||||
Cash | — | 1 | — | — | 310 | |||||||||||||||
Interest and Dividends Receivable | 4,321 | 58 | 56 | 40 | 1,418 | |||||||||||||||
Receivable for Capital Shares Issued | 14,888 | — | 22 | 2,337 | 5,581 | |||||||||||||||
Receivable for Investment Securities Sold | 5,600 | 208 | — | 1,480 | 13,981 | |||||||||||||||
Prepaid Expenses and Other Assets | 15 | 5 | 14 | — | 19 | |||||||||||||||
Total Assets | 2,113,213 | 14,792 | 100,248 | 485,430 | 1,147,287 | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 37,772 | 241 | — | — | 7,259 | |||||||||||||||
Payable for Investment Securities Sold Short, at Value (Proceeds $—, $1,984, $—, $— and $—, respectively) | — | 2,023 | — | — | — | |||||||||||||||
Dividends Payable for Securities Sold Short | — | 6 | — | — | — | |||||||||||||||
Payable for Capital Shares Redeemed | 2,670 | — | 514 | 1,986 | 1,320 | |||||||||||||||
Payable Upon Return of Securities Loaned | 83,701 | — | — | 52,689 | — | |||||||||||||||
Investment Advisory Fees Payable | 1,502 | 13 | 72 | 406 | 1,036 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees Payable | 100 | 1 | 19 | 42 | 99 | |||||||||||||||
Compliance and Fund Services Fees Payable | 31 | — | 2 | 7 | 18 | |||||||||||||||
Distribution and Service Fees Payable | 79 | — | 16 | 11 | 50 | |||||||||||||||
Cash Collateral Due to Broker | — | 3 | — | — | — | |||||||||||||||
Custodian Fees Payable | 42 | 3 | 4 | 8 | 35 | |||||||||||||||
Accrued Expenses | 45 | — | 2 | 11 | 26 | |||||||||||||||
Total Liabilities | 125,942 | 2,290 | 629 | 55,160 | 9,843 | |||||||||||||||
Total Net Assets | $ | 1,987,271 | $ | 12,502 | $ | 99,619 | $ | 430,270 | $ | 1,137,444 | ||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $ | 1,658,246 | $ | 9,924 | $ | 80,568 | $ | 351,454 | $ | 924,739 | ||||||||||
Accumulated Net Investment Income (Loss) | 1 | (12 | ) | 11 | 70 | (9 | ) | |||||||||||||
Accumulated Net Realized Gain (Loss) from Investment Transactions | 167,901 | (409 | ) | (10,425 | ) | (44,309 | ) | 15,667 | ||||||||||||
Net Unrealized Appreciation on Investments | 161,123 | 2,999 | 29,465 | 123,055 | 197,047 | |||||||||||||||
Net Assets | $ | 1,987,271 | $ | 12,502 | $ | 99,619 | $ | 430,270 | $ | 1,137,444 | ||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $ | 1,710,610 | $ | 12,305 | $ | 80,589 | $ | 408,399 | $ | 1,002,005 | ||||||||||
A Shares | 252,165 | 197 | 698 | 12,235 | 103,365 | |||||||||||||||
C Shares | 24,496 | — | 18,332 | 9,636 | 32,074 | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 134,661 | 1,529 | 2,479 | 23,792 | 68,903 | |||||||||||||||
A Shares | 19,984 | 25 | 22 | 756 | 7,214 | |||||||||||||||
C Shares | 1,963 | — | 630 | 688 | 2,331 | |||||||||||||||
Net Asset Value and Redemption Price Per Share:(a) | ||||||||||||||||||||
I Shares | $ | 12.70 | $ | 8.05 | $ | 32.51 | $ | 17.17 | $ | 14.54 | ||||||||||
A Shares | 12.62 | 8.03 | 32.04 | 16.19 | 14.33 | |||||||||||||||
C Shares(b) | 12.48 | — | 29.08 | 14.01 | 13.76 | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $ | 13.39 | $ | 8.52 | $ | 33.99 | $ | 17.18 | $ | 15.20 | ||||||||||
Maximum Sales Charge — A Shares | 5.75 | % | 5.75 | % | 5.75 | % | 5.75 | % | 5.75 | % |
* | Investments include securities on loan of $81,857, $—, $—, $51,603 and $—, respectively. |
(a) | Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding. |
(b) | Redemption price per share varies based on length of time shares are held. |
92
Aggressive | ||||||||||||||||||||
U.S. Equity | Growth | Conservative | Growth | Moderate | ||||||||||||||||
130/30 | Allocation | Allocation | Allocation | Allocation | ||||||||||||||||
Fund | Strategy | Strategy | Strategy | Strategy | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $ | 16,129 | $ | 22,745 | $ | 26,541 | $ | 57,146 | $ | 132,098 | ||||||||||
Investments, at Value | $ | 18,690 | $ | 4,021 | $ | 2,857 | $ | 7,291 | $ | 14,068 | ||||||||||
Investments in Affiliates, at Value | — | 24,213 | 25,615 | 62,030 | 138,442 | |||||||||||||||
Total Investments | 18,690 | 28,234 | 28,472 | 69,321 | 152,510 | |||||||||||||||
Cash | 40 | — | — | — | — | |||||||||||||||
Cash Collateral on Deposit at Broker | 66 | — | — | — | — | |||||||||||||||
Dividends Receivable | 18 | — | 51 | 53 | 212 | |||||||||||||||
Receivable for Capital Shares Issued | — | 25 | 135 | 79 | 86 | |||||||||||||||
Receivable for Investment Securities Sold | 714 | — | — | — | — | |||||||||||||||
Receivable from Adviser | — | 7 | 11 | 6 | — | |||||||||||||||
Prepaid Expenses and Other Assets | 4 | — | — | — | 4 | |||||||||||||||
Total Assets | 19,532 | 28,266 | 28,669 | 69,459 | 152,812 | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 752 | — | 51 | 53 | 211 | |||||||||||||||
Payable for Investment Securities Sold Short, at Value (Proceeds $4,064, $—, $—, $— and $—, respectively) | 4,391 | — | — | — | — | |||||||||||||||
Dividends Payable for Securities Sold Short | 1 | — | — | — | — | |||||||||||||||
Payable for Capital Shares Redeemed | — | 6 | 18 | 45 | 73 | |||||||||||||||
Investment Advisory Fees Payable | 13 | — | — | — | 8 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees Payable | 1 | 2 | 2 | 6 | 20 | |||||||||||||||
Compliance and Fund Services Fees Payable | — | 1 | — | 1 | 3 | |||||||||||||||
Distribution and Service Fees Payable | — | 2 | 8 | 5 | 16 | |||||||||||||||
Custodian Fees Payable | 3 | 3 | 4 | 5 | 5 | |||||||||||||||
Accrued Expenses | — | 14 | 13 | 15 | 4 | |||||||||||||||
Total Liabilities | 5,161 | 28 | 96 | 130 | 340 | |||||||||||||||
Total Net Assets | $ | 14,371 | $ | 28,238 | $ | 28,573 | $ | 69,329 | $ | 152,472 | ||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $ | 11,394 | $ | 24,716 | $ | 26,854 | $ | 61,601 | $ | 137,265 | ||||||||||
Accumulated Net Investment Income (Loss) | 22 | 19 | 51 | 53 | 218 | |||||||||||||||
Accumulated Net Realized Gain (Loss) from Investment Transactions | 721 | (1,986 | ) | (263 | ) | (4,500 | ) | (5,423 | ) | |||||||||||
Net Unrealized Appreciation on Investments | 2,234 | 5,489 | 1,931 | 12,175 | 20,412 | |||||||||||||||
Net Assets | $ | 14,371 | $ | 28,238 | $ | 28,573 | $ | 69,329 | $ | 152,472 | ||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $ | 14,371 | $ | 22,524 | $ | 12,897 | $ | 55,332 | $ | 122,804 | ||||||||||
A Shares | — | 4,655 | 8,371 | 10,934 | 14,416 | |||||||||||||||
C Shares | — | 1,059 | 7,305 | 3,063 | 15,252 | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 1,410 | 2,627 | 1,069 | 5,239 | 11,585 | |||||||||||||||
A Shares | — | 547 | 694 | 1,039 | 1,362 | |||||||||||||||
C Shares | — | 127 | 609 | 294 | 1,449 | |||||||||||||||
Net Asset Value and Redemption Price Per Share:(a) | ||||||||||||||||||||
I Shares | $ | 10.19 | $ | 8.57 | $ | 12.07 | $ | 10.56 | $ | 10.60 | ||||||||||
A Shares | — | 8.52 | 12.06 | 10.53 | 10.58 | |||||||||||||||
C Shares(b) | — | 8.39 | 11.99 | 10.41 | 10.52 | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $ | — | $ | 9.04 | $ | 12.66 | $ | 11.17 | $ | 11.23 | ||||||||||
Maximum Sales Charge — A Shares | — | 5.75 | % | 4.75 | % | 5.75 | % | 5.75 | % |
(a) | Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding. |
(b) | Redemption price per share varies based on length of time shares are held. |
93
Aggressive | Emerging | International | International | |||||||||||||||||
Growth | Growth | Equity | International | Equity | ||||||||||||||||
Stock Fund | Stock Fund | 130/30 Fund | Equity Fund | Index Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Dividend Income | $ | 340 | $ | 14 | $ | 5,195 | $ | 7,852 | $ | 23,466 | ||||||||||
Dividend Income from Affiliated Investment Companies | — | — | — | 1 | — | |||||||||||||||
Interest Income | 1 | — | 2 | — | 364 | |||||||||||||||
Net Income from Securities Lending | 3 | 6 | — | 159 | 927 | |||||||||||||||
Less: Foreign Taxes Withheld | — | — | (415 | ) | (659 | ) | (2,534 | ) | ||||||||||||
Total Investment Income | 344 | 20 | 4,782 | 7,353 | 22,223 | |||||||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 1,257 | 197 | 1,535 | 3,062 | 3,344 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees | 33 | 8 | 45 | 89 | 256 | |||||||||||||||
Compliance & Fund Services Fees | 7 | 1 | 7 | 16 | 39 | |||||||||||||||
Distribution and Service Fees — A Shares | 8 | 3 | — | 22 | 16 | |||||||||||||||
Shareholder Servicing Fees — I Shares | — | — | — | — | 44 | |||||||||||||||
Dividend Expense on Securities Sold Short | — | — | 1,187 | — | — | |||||||||||||||
Custodian Fees | 9 | 9 | 100 | 124 | 499 | |||||||||||||||
Printing Fees | 8 | 5 | 8 | 24 | 28 | |||||||||||||||
Registration Fees | 35 | 33 | 36 | 40 | 47 | |||||||||||||||
Trustee Fees | 5 | 1 | 5 | 12 | 28 | |||||||||||||||
Other Fees | 9 | 5 | 5 | 7 | 19 | |||||||||||||||
Total Expenses | 1,371 | 262 | 2,928 | 3,396 | 4,320 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | — | (38 | ) | (9 | ) | — | — | |||||||||||||
Less: Custodian Credits (Note 3) | — | — | — | — | — | |||||||||||||||
Net Expenses | 1,371 | 224 | 2,919 | 3,396 | 4,320 | |||||||||||||||
Net Investment Income (Loss) | (1,027 | ) | (204 | ) | 1,863 | 3,957 | 17,903 | |||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments and Foreign Currencies: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment and Foreign Currency Transactions | 15,640 | 6,771 | 13,994 | 32,051 | 84,386 | |||||||||||||||
Securities Sold Short | — | — | (5,417 | ) | — | — | ||||||||||||||
Forward Foreign Currency Contracts | — | — | 17 | (38 | ) | 300 | ||||||||||||||
Net Change in Unrealized Appreciation/Depreciation on: | ||||||||||||||||||||
Investments and Foreign Currencies | 14,535 | 401 | 3,349 | (6,362 | ) | (41,903 | ) | |||||||||||||
Securities Sold Short | — | — | (169 | ) | — | — | ||||||||||||||
Forward Foreign Currency Contracts | — | — | 1 | — | — | |||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments and Foreign Currencies | 30,175 | 7,172 | 11,775 | 25,651 | 42,783 | |||||||||||||||
Change in Net Assets from Operations | $ | 29,148 | $ | 6,968 | $ | 13,638 | $ | 29,608 | $ | 60,686 | ||||||||||
94
Large Cap | Large Cap | Large Cap | Large Cap | Mid-Cap | ||||||||||||||||
Core | Growth | Quantitative | Value | Core | ||||||||||||||||
Growth Stock Fund* | Stock Fund | Equity Fund | Equity Fund | Equity Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Dividend Income | $ | 9,124 | $ | 5,052 | $ | 378 | $ | 29,348 | $ | 955 | ||||||||||
Dividend Income from Affiliated Investment Companies | 7 | 1 | — | 26 | 1 | |||||||||||||||
Interest Income | 12 | — | — | 26 | 1 | |||||||||||||||
Net Income from Securities Lending | 1 | 6 | — | 13 | 3 | |||||||||||||||
Less: Foreign Taxes Withheld | (22 | ) | — | — | — | — | ||||||||||||||
Total Investment Income | 9,122 | 5,059 | 378 | 29,413 | 960 | |||||||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 3,726 | 4,459 | 159 | 9,763 | 686 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees | 165 | 198 | 8 | 366 | 36 | |||||||||||||||
Compliance & Fund Services Fees | 25 | 26 | 1 | 73 | 4 | |||||||||||||||
Distribution and Service Fees — A Shares | 48 | 129 | 1 | 133 | 15 | |||||||||||||||
Distribution and Service Fees — C Shares | 229 | 165 | — | 176 | 39 | |||||||||||||||
Custodian Fees | 13 | 19 | 13 | 27 | 18 | |||||||||||||||
Printing Fees | 24 | 27 | 3 | 67 | 12 | |||||||||||||||
Registration Fees | 50 | 52 | 32 | 54 | 51 | |||||||||||||||
Trustee Fees | 19 | 20 | 1 | 54 | 3 | |||||||||||||||
Other Fees | 58 | 72 | 8 | 166 | 10 | |||||||||||||||
Total Expenses | 4,357 | 5,167 | 226 | 10,879 | 874 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | — | (92 | ) | (44 | ) | — | (8 | ) | ||||||||||||
Less: Custodian Credits (Note 3) | — | — | — | — | — | |||||||||||||||
Net Expenses | 4,357 | 5,075 | 182 | 10,879 | 866 | |||||||||||||||
Net Investment Income (Loss) | 4,765 | (16 | ) | 196 | 18,534 | 94 | ||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment Transactions | 90,385 | 40,170 | 3,444 | 221,241 | 20,688 | |||||||||||||||
Net Change in Unrealized Appreciation/Depreciation on: | ||||||||||||||||||||
Investments | (49,451 | ) | 44,589 | (783 | ) | (41,725 | ) | (8,586 | ) | |||||||||||
Net Realized and Unrealized Gain (Loss) on Investments | 40,934 | 84,759 | 2,661 | 179,516 | 12,102 | |||||||||||||||
Change in Net Assets from Operations | $ | 45,699 | $ | 84,743 | $ | 2,857 | $ | 198,050 | $ | 12,196 | ||||||||||
* | Formerly Large Cap Core Equity Fund. |
95
Select | ||||||||||||||||||||
Mid-Cap | Real | Large Cap | Small Cap | Small Cap | ||||||||||||||||
Value | Estate | Growth | Growth | Value | ||||||||||||||||
Equity Fund | 130/30 Fund | Stock Fund | Stock Fund | Equity Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Dividend Income | $ | 24,860 | $ | 435 | $ | 1,096 | $ | 1,455 | $ | 16,500 | ||||||||||
Dividend Income from Affiliated Investment Companies | 24 | — | 1 | 4 | 10 | |||||||||||||||
Interest Income | 64 | — | — | 2 | 35 | |||||||||||||||
Net Income from Securities Lending | 37 | — | — | 105 | 247 | |||||||||||||||
Less: Foreign Taxes Withheld | (34 | ) | — | — | — | (88 | ) | |||||||||||||
Total Investment Income | 24,951 | 435 | 1,097 | 1,566 | 16,704 | |||||||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 12,230 | 179 | 881 | 4,278 | 9,311 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees | 528 | 6 | 54 | 122 | 265 | |||||||||||||||
Compliance & Fund Services Fees | 74 | 1 | 6 | 21 | 49 | |||||||||||||||
Distribution and Service Fees — A Shares | 344 | 1 | 2 | 33 | 137 | |||||||||||||||
Distribution and Service Fees — C Shares | 121 | — | 177 | 85 | 224 | |||||||||||||||
Dividend Expense on Securities Sold Short | — | 92 | — | — | — | |||||||||||||||
Custodian Fees | 32 | 7 | 10 | 21 | 68 | |||||||||||||||
Printing Fees | 73 | 1 | 12 | 23 | 77 | |||||||||||||||
Registration Fees | 114 | 34 | 45 | 59 | 61 | |||||||||||||||
Trustee Fees | 55 | 1 | 4 | 16 | 36 | |||||||||||||||
Other Fees | 168 | 2 | 15 | 48 | 110 | |||||||||||||||
Total Expenses | 13,739 | 324 | 1,206 | 4,706 | 10,338 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | — | (23 | ) | (6 | ) | — | — | |||||||||||||
Less: Custodian Credits (Note 3) | — | — | — | — | — | |||||||||||||||
Net Expenses | 13,739 | 301 | 1,200 | 4,706 | 10,338 | |||||||||||||||
Net Investment Income (Loss) | 11,212 | 134 | (103 | ) | (3,140 | ) | 6,366 | |||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment Transactions | 251,955 | 2,556 | 14,706 | 73,370 | 79,678 | |||||||||||||||
Securities Sold Short | — | (74 | ) | — | ��� | — | ||||||||||||||
Net Change in Unrealized Appreciation/Depreciation on: | ||||||||||||||||||||
Investments | 50,852 | 762 | (779 | ) | 25,810 | 113,111 | ||||||||||||||
Securities Sold Short | — | (44 | ) | — | — | — | ||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments | 302,807 | 3,200 | 13,927 | 99,180 | 192,789 | |||||||||||||||
Change in Net Assets from Operations | $ | 314,019 | $ | 3,334 | $ | 13,824 | $ | 96,040 | $ | 199,155 | ||||||||||
96
Aggressive | ||||||||||||||||||||
U.S. | Growth | Conservative | Growth | Moderate | ||||||||||||||||
Equity | Allocation | Allocation | Allocation | Allocation | ||||||||||||||||
130/30 Fund | Strategy | Strategy | Strategy | Strategy | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Dividend Income | $ | 318 | $ | 22 | $ | 21 | $ | 53 | $ | 125 | ||||||||||
Dividend Income from Affiliated Investment Companies | — | 234 | 534 | 1,068 | 3,186 | |||||||||||||||
Total Investment Income | 318 | 256 | 555 | 1,121 | 3,311 | |||||||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 143 | 27 | 21 | 68 | 151 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees | 10 | 13 | 16 | 27 | 70 | |||||||||||||||
Compliance & Fund Services Fees | 1 | 2 | 1 | 4 | 8 | |||||||||||||||
Distribution and Service Fees — A Shares | — | 11 | 18 | 26 | 37 | |||||||||||||||
Distribution and Service Fees — B Shares | — | 5 | 5 | 19 | 12 | |||||||||||||||
Distribution and Service Fees — C Shares | — | 13 | 58 | 31 | 151 | |||||||||||||||
Dividend Expense on Securities Sold Short | 80 | — | — | — | — | |||||||||||||||
Custodian Fees | 8 | 6 | 5 | 5 | 6 | |||||||||||||||
Printing Fees | 3 | 7 | 7 | 11 | 16 | |||||||||||||||
Registration Fees | 34 | 83 | 81 | 82 | 67 | |||||||||||||||
Trustee Fees | 1 | 1 | 1 | 3 | 6 | |||||||||||||||
Other Fees | — | 5 | 4 | 9 | 20 | |||||||||||||||
Total Expenses | 280 | 173 | 217 | 285 | 544 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | (33 | ) | (89 | ) | (94 | ) | (74 | ) | (43 | ) | ||||||||||
Less: Custodian Credits (Note 3) | — | — | — | — | — | |||||||||||||||
Net Expenses | 247 | 84 | 123 | 211 | 501 | |||||||||||||||
Net Investment Income (Loss) | 71 | 172 | 432 | 910 | 2,810 | |||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment Transactions* | 1,585 | 123 | 171 | 683 | 1,695 | |||||||||||||||
Securities Sold Short | (589 | ) | — | — | — | — | ||||||||||||||
Capital Gain Received from Investments in Affiliated Investment Companies | — | 200 | 427 | 840 | 2,484 | |||||||||||||||
Net Change in Unrealized Appreciation/Depreciation on: | ||||||||||||||||||||
Investments* | 1,549 | 3,650 | 751 | 6,159 | 9,094 | |||||||||||||||
Securities Sold Short | (145 | ) | — | — | — | — | ||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments | 2,400 | 3,973 | 1,349 | 7,682 | 13,273 | |||||||||||||||
Change in Net Assets from Operations | $ | 2,471 | $ | 4,145 | $ | 1,781 | $ | 8,592 | $ | 16,083 | ||||||||||
* | Net realized gain (loss) from investment transactions and net change in unrealized appreciation/depreciation on investments for the Allocation Strategy Funds are primarily attributable to the underlying investments in affiliated investment companies. |
97
International | ||||||||||||
Equity 130/30 | Real Estate | U.S. Equity | ||||||||||
Fund | 130/30 Fund | 130/30 Fund | ||||||||||
Cash Flows from Operating Activities: | ||||||||||||
Net Increase (Decrease) in Net Assets Resulting from Operations | $ | 13,638 | $ | 3,334 | $ | 2,471 | ||||||
Adjustments to Reconcile Net Increase (Decrease) in Net Assets resulting from Operations to Net Cash Used in Operating Activities: | ||||||||||||
Purchases of Investment Securities | (737,246 | ) | (40,218 | ) | (31,121 | ) | ||||||
Proceeds from Investment Securities Sold | 768,711 | 41,267 | 28,651 | |||||||||
Purchases to Cover Securities Sold Short | (311,823 | ) | (7,467 | ) | (12,599 | ) | ||||||
Proceeds from Securities Sold Short | 302,644 | 9,202 | 13,175 | |||||||||
Net Realized (Gain) Loss | (9,716 | ) | (2,482 | ) | (996 | ) | ||||||
Net Change in Unrealized (Appreciation) Depreciation | (3,180 | ) | (718 | ) | (1,404 | ) | ||||||
Short Term Investments, net | 4,596 | 1,449 | 2,787 | |||||||||
Changes in Assets and Liabilities: | ||||||||||||
Decrease (Increase) in Assets: | ||||||||||||
Foreign Currency | (887 | ) | — | — | ||||||||
Interest and Dividends Receivable | (71 | ) | (7 | ) | (3 | ) | ||||||
Cash Collateral on Deposit at Broker | 13 | — | (66 | ) | ||||||||
Prepaid Expenses and Other Assets | 6 | �� | 84 | 6 | ||||||||
(Decrease) Increase in Liabilities: | ||||||||||||
Unrealized Depreciation on Forward Foreign Currency Contracts | (1 | ) | — | — | ||||||||
Dividends Payable for Securities Sold Short | 62 | 6 | 1 | |||||||||
Investment Advisory Fees Payable | — | 6 | 9 | |||||||||
Administration, Fund Accounting and Transfer Agent Fees Payable | 2 | 1 | (1 | ) | ||||||||
Custodian Fees Payable | 22 | (1 | ) | (1 | ) | |||||||
Cash Collateral Due to Broker | 3,600 | 3 | — | |||||||||
Accrued Expenses | (6 | ) | (2 | ) | (2 | ) | ||||||
Net Cash Provided by Operating Activities | 30,364 | 4,457 | 907 | |||||||||
Cash Flows from Financing Activities: | ||||||||||||
Proceeds from Shares Issued | 25,029 | 4,209 | 433 | |||||||||
Cost of Shares Redeemed | (56,402 | ) | (8,005 | ) | (1,300 | ) | ||||||
Dividends and Distributions to Shareholders | (720 | ) | (660 | ) | 0 | |||||||
Net Cash Used in Financing Activities | (32,093 | ) | (4,456 | ) | (867 | ) | ||||||
Net Increase (Decrease) in Cash | (1,729 | ) | 1 | 40 | ||||||||
Cash at beginning of period | 1,733 | — | — | |||||||||
Cash at end of period | $ | 4 | $ | 1 | $ | 40 | ||||||
*Supplemental disclosure of cash flow information: | ||||||||||||
Reinvestment of dividends and distributions | $ | 132 | $ | 1,415 | $ | 386 |
98
Aggressive Growth | Emerging Growth | |||||||||||||||||||||||
Stock Fund | Stock Fund | International Equity 130/30 Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income (Loss) | $ | (1,027 | ) | $ | (889 | ) | $ | (204 | ) | $ | (466 | ) | $ | 1,863 | $ | 1,278 | ||||||||
Net Realized Gain (Loss) | 15,640 | (7,773 | ) | 6,771 | 5,757 | 8,594 | 29,755 | |||||||||||||||||
Net Change in Unrealized Appreciation | 14,535 | 71,662 | 401 | 30,637 | 3,181 | 16,387 | ||||||||||||||||||
Change in Net Assets from Operations | 29,148 | 63,000 | 6,968 | 35,928 | 13,638 | 47,420 | ||||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | — | — | — | — | (852 | ) | (1,935 | ) | ||||||||||||||||
A Shares | — | — | — | — | — | — | ||||||||||||||||||
Total Dividends and Distributions | — | — | — | — | (852 | ) | (1,935 | ) | ||||||||||||||||
Change in Net Assets from Capital Transactions | (2,242 | ) | (105,464 | ) | 961 | (81,768 | ) | (31,605 | ) | 8,644 | ||||||||||||||
Change in Net Assets | 26,906 | (42,464 | ) | 7,929 | (45,840 | ) | (18,819 | ) | 54,129 | |||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 111,256 | 153,720 | 20,356 | 66,196 | 123,664 | 69,535 | ||||||||||||||||||
End of Period | $ | 138,162 | $ | 111,256 | $ | 28,285 | $ | 20,356 | $ | 104,845 | $ | 123,664 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | 5 | $ | 4 | $ | — | $ | — | $ | 71 | $ | (501 | ) | |||||||||||
99
Aggressive Growth | Emerging Growth | |||||||||||||||||||||||
Stock Fund | Stock Fund | International Equity 130/30 Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11 | 03/31/10# | 03/31/11 | 03/31/10# | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 43,997 | $ | 28,850 | $ | 13,664 | $ | 22,172 | $ | 25,024 | $ | 49,292 | ||||||||||||
Dividends Reinvested | — | — | — | — | 132 | 224 | ||||||||||||||||||
Cost of Shares Redeemed | (46,548 | ) | (134,052 | ) | (13,604 | ) | (104,172 | ) | (56,779 | ) | (40,857 | ) | ||||||||||||
Change in Net Assets from I Shares | (2,551 | ) | (105,202 | ) | 60 | (82,000 | ) | (31,623 | ) | 8,659 | ||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 741 | 1,774 | 1,445 | 406 | 18 | 2 | ||||||||||||||||||
Cost of Shares Redeemed | (432 | ) | (329 | ) | (544 | ) | (117 | ) | — | (15 | ) | |||||||||||||
Change in Net Assets from A Shares | 309 | 1,445 | 901 | 289 | 18 | (13 | ) | |||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | — | 4 | — | 1 | — | — | ||||||||||||||||||
Cost of Shares Redeemed | — | (1,711 | ) | — | (58 | ) | — | (2 | ) | |||||||||||||||
Change in Net Assets from C Shares | — | (1,707 | ) | — | (57 | ) | — | (2 | ) | |||||||||||||||
Change in Net Assets from Capital Transactions | $ | (2,242 | ) | $ | (105,464 | ) | $ | 961 | $ | (81,768 | ) | $ | (31,605 | ) | $ | 8,644 | ||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 3,063 | 2,644 | 984 | 2,445 | 3,641 | 8,016 | ||||||||||||||||||
Reinvested | — | — | — | — | 18 | 35 | ||||||||||||||||||
Redeemed | (3,338 | ) | (13,847 | ) | (1,141 | ) | (10,955 | ) | (7,932 | ) | (6,774 | ) | ||||||||||||
Change in I Shares | (275 | ) | (11,203 | ) | (157 | ) | (8,510 | ) | (4,273 | ) | 1,277 | |||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 53 | 172 | 107 | 40 | 3 | — | ||||||||||||||||||
Redeemed | (33 | ) | (28 | ) | (43 | ) | (12 | ) | — | (2 | ) | |||||||||||||
Change in A Shares | 20 | 144 | 64 | 28 | 3 | (2 | ) | |||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Redeemed | — | (174 | ) | — | (7 | ) | — | — | ||||||||||||||||
Change in C Shares | — | (174 | ) | — | (7 | ) | — | — | ||||||||||||||||
Change in Shares | (255 | ) | (11,233 | ) | (93 | ) | (8,489 | ) | (4,270 | ) | 1,275 | |||||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the Aggressive Growth Stock Fund, Emerging Growth Stock Fund and International Equity 130/30 Fund and those Funds’ C Shares were no longer offered. |
100
International | International Equity | Large Cap Core | ||||||||||||||||||||||
Equity Fund | Index Fund | Growth Stock Fund* | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11 | 03/31/10# | 03/31/11 | 03/31/10 | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 3,957 | $ | 2,925 | $ | 17,903 | $ | 23,025 | $ | 4,765 | $ | 4,554 | ||||||||||||
Net Realized Gain (Loss) | 32,013 | 6,952 | 84,686 | (26,767 | ) | 90,385 | 28,078 | |||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (6,362 | ) | 106,660 | (41,903 | ) | 377,017 | (49,451 | ) | 141,774 | |||||||||||||||
Change in Net Assets from Operations | 29,608 | 116,537 | 60,686 | 373,275 | 45,699 | 174,406 | ||||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (6,545 | ) | (1,577 | ) | (16,415 | ) | (27,247 | ) | (4,722 | ) | (4,544 | ) | ||||||||||||
A Shares | (155 | ) | (32 | ) | (146 | ) | (182 | ) | (176 | ) | (185 | ) | ||||||||||||
C Shares | — | — | — | — | (57 | ) | (115 | ) | ||||||||||||||||
Total Dividends and Distributions | (6,700 | ) | (1,609 | ) | (16,561 | ) | (27,429 | ) | (4,955 | ) | (4,844 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | (45,351 | ) | (25,048 | ) | (407,023 | ) | (232,053 | ) | (122,025 | ) | (98,966 | ) | ||||||||||||
Capital Contributions From Administrator** | — | 255 | — | 153 | — | — | ||||||||||||||||||
Change in Net Assets | (22,443 | ) | 90,135 | (362,898 | ) | 113,946 | (81,281 | ) | 70,596 | |||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 281,923 | 191,788 | 845,580 | 731,634 | 470,459 | 399,863 | ||||||||||||||||||
End of Period | $ | 259,480 | $ | 281,923 | $ | 482,682 | $ | 845,580 | $ | 389,178 | $ | 470,459 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | 788 | $ | 3,518 | $ | 945 | $ | (1,121 | ) | $ | — | $ | — | |||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the International Equity Fund and International Equity Index Fund and those Funds’ C Shares were no longer offered. |
* | Formerly Large Cap Core Equity Fund. |
** | During the period ended March 31, 2010, the Fund received payments in connection with a fair fund settlement. |
101
International | International Equity | Large Cap Core | ||||||||||||||||||||||
Equity Fund | Index Fund | Growth Stock Fund* | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11 | 03/31/10# | 03/31/11 | 03/31/10 | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 20,103 | $ | 65,931 | $ | 124,713 | $ | 249,746 | $ | 66,380 | $ | 87,252 | ||||||||||||
Dividends Reinvested | 5,497 | 1,220 | 11,945 | 13,879 | 2,316 | 2,317 | ||||||||||||||||||
Cost of Shares Redeemed | (69,533 | ) | (90,572 | ) | (541,867 | ) | (494,954 | ) | (180,486 | ) | (181,121 | ) | ||||||||||||
Change in Net Assets from I Shares | (43,933 | ) | (23,421 | ) | (405,209 | ) | (231,329 | ) | (111,790 | ) | (91,552 | ) | ||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 125 | 3,433 | 490 | 3,061 | 279 | 505 | ||||||||||||||||||
Dividends Reinvested | 141 | 29 | 131 | 157 | 157 | 166 | ||||||||||||||||||
Cost of Shares Redeemed | (1,684 | ) | (1,693 | ) | (2,435 | ) | (1,039 | ) | (4,683 | ) | (3,737 | ) | ||||||||||||
Change in Net Assets from A Shares | (1,418 | ) | 1,769 | (1,814 | ) | 2,179 | (4,247 | ) | (3,066 | ) | ||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | — | 11 | — | 95 | 154 | 268 | ||||||||||||||||||
Dividends Reinvested | — | — | — | — | 53 | 108 | ||||||||||||||||||
Cost of Shares Redeemed | — | (3,407 | ) | — | (2,998 | ) | (6,195 | ) | (4,724 | ) | ||||||||||||||
Change in Net Assets from C Shares | — | (3,396 | ) | — | (2,903 | ) | (5,988 | ) | (4,348 | ) | ||||||||||||||
Change in Net Assets from Capital Transactions | $ | (45,351 | ) | $ | (25,048 | ) | $ | (407,023 | ) | $ | (232,053 | ) | $ | (122,025 | ) | $ | (98,966 | ) | ||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 1,922 | 6,277 | 10,444 | 21,861 | 5,277 | 7,874 | ||||||||||||||||||
Reinvested | 502 | 117 | 942 | 1,087 | 177 | 198 | ||||||||||||||||||
Redeemed | (6,268 | ) | (9,988 | ) | (42,009 | ) | (39,988 | ) | (13,560 | ) | (15,791 | ) | ||||||||||||
Change in I Shares | (3,844 | ) | (3,594 | ) | (30,623 | ) | (17,040 | ) | (8,106 | ) | (7,719 | ) | ||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 12 | 372 | 40 | 256 | 21 | 44 | ||||||||||||||||||
Reinvested | 13 | 3 | 10 | 13 | 12 | 14 | ||||||||||||||||||
Redeemed | (161 | ) | (177 | ) | (193 | ) | (85 | ) | (361 | ) | (322 | ) | ||||||||||||
Change in A Shares | (136 | ) | 198 | (143 | ) | 184 | (328 | ) | (264 | ) | ||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | — | 1 | — | 9 | 11 | 24 | ||||||||||||||||||
Reinvested | — | — | — | — | 4 | 9 | ||||||||||||||||||
Redeemed | — | (398 | ) | — | (265 | ) | (490 | ) | (413 | ) | ||||||||||||||
Change in C Shares | — | (397 | ) | — | (256 | ) | (475 | ) | (380 | ) | ||||||||||||||
Change in Shares | (3,980 | ) | (3,793 | ) | (30,766 | ) | (17,112 | ) | (8,909 | ) | (8,363 | ) | ||||||||||||
* | Formerly Large Cap Core Equity Fund. |
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the International Equity Fund and International Equity Index Fund and those Funds’ C Shares were no longer offered. |
102
Large Cap Growth | Large Cap Quantitative | Large Cap Value | ||||||||||||||||||||||
Stock Fund | Equity Fund | Equity Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10# | 03/31/11 | 03/31/10 | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income (Loss) | $ | (16 | ) | $ | 733 | $ | 196 | $ | 434 | $ | 18,534 | $ | 20,941 | |||||||||||
Net Realized Gain | 40,170 | 27,887 | 3,444 | 10,005 | 221,241 | 89,297 | ||||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | 44,589 | 175,527 | (783 | ) | 3,991 | (41,725 | ) | 387,540 | ||||||||||||||||
Change in Net Assets from Operations | 84,743 | 204,147 | 2,857 | 14,430 | 198,050 | 497,778 | ||||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (154 | ) | (787 | ) | (164 | ) | (462 | ) | (17,588 | ) | (20,525 | ) | ||||||||||||
A Shares | — | (20 | ) | (4 | ) | (8 | ) | (574 | ) | (432 | ) | |||||||||||||
C Shares | — | — | — | (2 | ) | (85 | ) | (181 | ) | |||||||||||||||
Total Dividends and Distributions | (154 | ) | (807 | ) | (168 | ) | (472 | ) | (18,247 | ) | (21,138 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | (120,962 | ) | (185,745 | ) | (5,999 | ) | (45,007 | ) | (74,690 | ) | (172,453 | ) | ||||||||||||
Change in Net Assets | (36,373 | ) | 17,595 | (3,310 | ) | (31,049 | ) | 105,113 | 304,187 | |||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 506,428 | 488,833 | 20,853 | 51,902 | 1,342,590 | 1,038,403 | ||||||||||||||||||
End of Period | $ | 470,055 | $ | 506,428 | $ | 17,543 | $ | 20,853 | $ | 1,447,703 | $ | 1,342,590 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | 43 | $ | 21 | $ | 25 | $ | 1 | $ | 287 | $ | — | ||||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the Large Cap Quantitative Equity Fund and the Fund’s C Shares were no longer offered. |
103
Large Cap Growth | Large Cap Quantitative | Large Cap Value | ||||||||||||||||||||||
Stock Fund | Equity Fund | Equity Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10# | 03/31/11 | 03/31/10 | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 51,374 | $ | 80,027 | $ | 205 | $ | 472 | $ | 321,185 | $ | 305,698 | ||||||||||||
Dividends Reinvested | 76 | 304 | 131 | 293 | 10,946 | 10,661 | ||||||||||||||||||
Cost of Shares Redeemed | (163,186 | ) | (257,789 | ) | (6,305 | ) | (45,492 | ) | (442,429 | ) | (484,877 | ) | ||||||||||||
Change in Net Assets from I Shares | (111,736 | ) | (177,458 | ) | (5,969 | ) | (44,727 | ) | (110,298 | ) | (168,518 | ) | ||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 738 | 1,287 | 41 | 318 | 48,296 | 2,350 | ||||||||||||||||||
Dividends Reinvested | — | 19 | 3 | 7 | 554 | 411 | ||||||||||||||||||
Cost of Shares Redeemed | (7,205 | ) | (7,106 | ) | (74 | ) | (189 | ) | (9,797 | ) | (4,331 | ) | ||||||||||||
Change in Net Assets from A Shares | (6,467 | ) | (5,800 | ) | (30 | ) | 136 | 39,053 | (1,570 | ) | ||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 128 | 95 | — | — | 1,178 | 313 | ||||||||||||||||||
Dividends Reinvested | — | — | — | 2 | 81 | 170 | ||||||||||||||||||
Cost of Shares Redeemed | (2,887 | ) | (2,582 | ) | — | (418 | ) | (4,704 | ) | (2,848 | ) | |||||||||||||
Change in Net Assets from C Shares | (2,759 | ) | (2,487 | ) | — | (416 | ) | (3,445 | ) | (2,365 | ) | |||||||||||||
Change in Net Assets from Capital Transactions | $ | (120,962 | ) | $ | (185,745 | ) | $ | (5,999 | ) | $ | (45,007 | ) | $ | (74,690 | ) | $ | (172,453 | ) | ||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 5,133 | 9,941 | 18 | 56 | 25,897 | 30,046 | ||||||||||||||||||
Reinvested | 8 | 38 | 12 | 32 | 897 | 1,037 | ||||||||||||||||||
Redeemed | (16,273 | ) | (30,569 | ) | (584 | ) | (5,270 | ) | (36,725 | ) | (45,969 | ) | ||||||||||||
Change in I Shares | (11,132 | ) | (20,590 | ) | (554 | ) | (5,182 | ) | (9,931 | ) | (14,886 | ) | ||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 79 | 166 | 4 | 37 | 3,846 | 228 | ||||||||||||||||||
Reinvested | — | 3 | — | 1 | 45 | 40 | ||||||||||||||||||
Redeemed | (799 | ) | (914 | ) | (7 | ) | (20 | ) | (818 | ) | (433 | ) | ||||||||||||
Change in A Shares | (720 | ) | (745 | ) | (3 | ) | 18 | 3,073 | (165 | ) | ||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | 15 | 14 | — | — | 96 | 31 | ||||||||||||||||||
Reinvested | — | — | — | — | 6 | 17 | ||||||||||||||||||
Redeemed | (354 | ) | (369 | ) | — | (51 | ) | (413 | ) | (282 | ) | |||||||||||||
Change in C Shares | (339 | ) | (355 | ) | — | (51 | ) | (311 | ) | (234 | ) | |||||||||||||
Change in Shares | (12,191 | ) | (21,690 | ) | (557 | ) | (5,215 | ) | (7,169 | ) | (15,285 | ) | ||||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the Large Cap Quantitative Equity Fund and the Fund’s C Shares were no longer offered. |
104
Mid-Cap Core | Mid-Cap Value | Real Estate | ||||||||||||||||||||||
Equity Fund | Equity Fund | 130/30 Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10#* | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 94 | $ | 537 | $ | 11,212 | $ | 5,994 | $ | 134 | $ | 278 | ||||||||||||
Net Realized Gain | 20,688 | 1,172 | 251,955 | 121,717 | 2,482 | 1,540 | ||||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (8,586 | ) | 41,527 | 50,852 | 144,441 | 718 | 2,874 | |||||||||||||||||
Change in Net Assets from Operations | 12,196 | 43,236 | 314,019 | 272,152 | 3,334 | 4,692 | ||||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (118 | ) | (514 | ) | (10,297 | ) | (6,968 | ) | (435 | ) | (269 | ) | ||||||||||||
A Shares | (9 | ) | (20 | ) | (856 | ) | (100 | ) | (9 | ) | (3 | ) | ||||||||||||
C Shares | (1 | ) | (4 | ) | (21 | ) | (20 | ) | — | — | ||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | — | — | (80,500 | ) | — | (1,589 | ) | — | ||||||||||||||||
A Shares | — | — | (8,997 | ) | — | (42 | ) | — | ||||||||||||||||
C Shares | — | — | (888 | ) | — | — | — | |||||||||||||||||
Total Dividends and Distributions | (128 | ) | (538 | ) | (101,559 | ) | (7,088 | ) | (2,075 | ) | (272 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | (77,869 | ) | (28,758 | ) | 929,034 | 344,817 | (2,408 | ) | 4,662 | |||||||||||||||
Change in Net Assets | (65,801 | ) | 13,940 | 1,141,494 | 609,881 | (1,149 | ) | 9,082 | ||||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 95,076 | 81,136 | 845,777 | 235,896 | 13,651 | 4,569 | ||||||||||||||||||
End of Period | $ | 29,275 | $ | 95,076 | $ | 1,987,271 | $ | 845,777 | $ | 12,502 | $ | 13,651 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | 1 | $ | 1 | $ | 1 | $ | — | $ | (12 | ) | $ | 35 | |||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the Real Estate 130/30 Fund and the Fund’s C Shares were no longer offered. |
* | Commencement of Operations for Real Estate 130/30 Fund’s A Shares was May 21, 2009. |
105
Mid-Cap Core | Mid-Cap Value | Real Estate | ||||||||||||||||||||||
Equity Fund | Equity Fund | 130/30 Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10#* | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 5,900 | $ | 20,641 | $ | 1,150,808 | $ | 452,188 | $ | 3,946 | $ | 5,245 | ||||||||||||
Dividends Reinvested | 76 | 358 | 63,978 | 2,710 | 1,391 | 186 | ||||||||||||||||||
Cost of Shares Redeemed | (82,114 | ) | (48,490 | ) | (493,907 | ) | (140,883 | ) | (7,781 | ) | (870 | ) | ||||||||||||
Change in Net Assets from I Shares | (76,138 | ) | (27,491 | ) | 720,879 | 314,015 | (2,444 | ) | 4,561 | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 427 | 199 | 219,914 | 32,848 | 236 | 101 | ||||||||||||||||||
Dividends Reinvested | 9 | 19 | 9,545 | 96 | 24 | 3 | ||||||||||||||||||
Cost of Shares Redeemed | (1,024 | ) | (744 | ) | (37,699 | ) | (4,315 | ) | (224 | ) | — | |||||||||||||
Change in Net Assets from A Shares | (588 | ) | (526 | ) | 191,760 | 28,629 | 36 | 104 | ||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 57 | 58 | 16,860 | 2,590 | — | — | ||||||||||||||||||
Dividends Reinvested | 1 | 4 | 776 | 18 | — | — | ||||||||||||||||||
Cost of Shares Redeemed | (1,201 | ) | (803 | ) | (1,241 | ) | (435 | ) | — | (3 | ) | |||||||||||||
Change in Net Assets from C Shares | (1,143 | ) | (741 | ) | 16,395 | 2,173 | — | (3 | ) | |||||||||||||||
Change in Net Assets from Capital Transactions | $ | (77,869 | ) | $ | (28,758 | ) | $ | 929,034 | $ | 344,817 | $ | (2,408 | ) | $ | 4,662 | |||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 592 | 2,616 | 100,626 | 50,314 | 504 | 837 | ||||||||||||||||||
Reinvested | 7 | 43 | 5,498 | 290 | 187 | 30 | ||||||||||||||||||
Redeemed | (7,629 | ) | (5,905 | ) | (43,347 | ) | (14,519 | ) | (982 | ) | (141 | ) | ||||||||||||
Change in I Shares | (7,030 | ) | (3,246 | ) | 62,777 | 36,085 | (291 | ) | 726 | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 40 | 27 | 19,126 | 3,288 | 30 | 21 | ||||||||||||||||||
Reinvested | 1 | 2 | 825 | 10 | 3 | 1 | ||||||||||||||||||
Redeemed | (103 | ) | (95 | ) | (3,274 | ) | (444 | ) | (30 | ) | — | |||||||||||||
Change in A Shares | (62 | ) | (66 | ) | 16,677 | 2,854 | 3 | 22 | ||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | 7 | 8 | 1,476 | 271 | — | — | ||||||||||||||||||
Reinvested | — | — | 68 | 2 | — | — | ||||||||||||||||||
Redeemed | (138 | ) | (111 | ) | (112 | ) | (47 | ) | — | (1 | ) | |||||||||||||
Change in C Shares | (131 | ) | (103 | ) | 1,432 | 226 | — | (1 | ) | |||||||||||||||
Change in Shares | (7,223 | ) | (3,415 | ) | 80,886 | 39,165 | (288 | ) | 747 | |||||||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the Real Estate 130/30 Fund and the Fund’s C Shares were no longer offered. |
* | Commencement of Operations for Real Estate 130/30 Fund’s A Shares was May 21, 2009. |
106
Select Large Cap | Small Cap | Small Cap | ||||||||||||||||||||||
Growth Stock Fund | Growth Stock Fund | Value Equity Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income (Loss) | $ | (103 | ) | $ | 54 | $ | (3,140 | ) | $ | (2,757 | ) | $ | 6,366 | $ | 6,110 | |||||||||
Net Realized Gain (Loss) | 14,706 | (165 | ) | 73,370 | 21,981 | 79,678 | 33,835 | |||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (779 | ) | 42,564 | 25,810 | 132,405 | 113,111 | 165,599 | |||||||||||||||||
Change in Net Assets from Operations | 13,824 | 42,453 | 96,040 | 151,629 | 199,155 | 205,544 | ||||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | — | (100 | ) | — | — | (6,390 | ) | (6,057 | ) | |||||||||||||||
A Shares | — | — | — | — | (245 | ) | (105 | ) | ||||||||||||||||
C Shares | — | — | — | — | (18 | ) | (61 | ) | ||||||||||||||||
Tax Return of Capital: | ||||||||||||||||||||||||
I Shares | — | (3 | ) | — | — | �� | — | — | ||||||||||||||||
A Shares | — | — | — | — | — | — | ||||||||||||||||||
C Shares | — | — | — | — | — | — | ||||||||||||||||||
Total Dividends and Distributions | — | (103 | ) | — | — | (6,653 | ) | (6,223 | ) | |||||||||||||||
Change in Net Assets from Capital Transactions | (47,589 | ) | (19,918 | ) | (45,061 | ) | (60,747 | ) | 297,025 | 119,120 | ||||||||||||||
Change in Net Assets | (33,765 | ) | 22,432 | 50,979 | 90,882 | 489,527 | 318,441 | |||||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 133,384 | 110,952 | 379,291 | 288,409 | 647,917 | 329,476 | ||||||||||||||||||
End of Period | $ | 99,619 | $ | 133,384 | $ | 430,270 | $ | 379,291 | $ | 1,137,444 | $ | 647,917 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | 11 | $ | — | $ | 70 | $ | (1 | ) | $ | (9 | ) | $ | 173 | ||||||||||
107
Select Large Cap Growth | Small Cap Growth | Small Cap Value | ||||||||||||||||||||||
Stock Fund | Stock Fund | Equity Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 8,001 | $ | 33,802 | $ | 104,321 | $ | 71,797 | $ | 410,952 | $ | 221,043 | ||||||||||||
Dividends Reinvested | — | 50 | — | — | 5,957 | 5,513 | ||||||||||||||||||
Cost of Shares Redeemed | (52,664 | ) | (51,775 | ) | (145,942 | ) | (130,256 | ) | (202,513 | ) | (120,802 | ) | ||||||||||||
Change in Net Assets from I Shares | (44,663 | ) | (17,923 | ) | (41,621 | ) | (58,459 | ) | 214,396 | 105,754 | ||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 354 | 30 | 579 | 796 | 84,055 | 15,087 | ||||||||||||||||||
Dividends Reinvested | — | — | — | — | 217 | 82 | ||||||||||||||||||
Cost of Shares Redeemed | (25 | ) | (35 | ) | (2,728 | ) | (1,959 | ) | (10,902 | ) | (2,270 | ) | ||||||||||||
Change in Net Assets from A Shares | 329 | (5 | ) | (2,149 | ) | (1,163 | ) | 73,370 | 12,899 | |||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 114 | 101 | 539 | 258 | 12,212 | 2,814 | ||||||||||||||||||
Dividends Reinvested | — | — | — | — | 16 | 58 | ||||||||||||||||||
Cost of Shares Redeemed | (3,369 | ) | (2,091 | ) | (1,830 | ) | (1,383 | ) | (2,969 | ) | (2,405 | ) | ||||||||||||
Change in Net Assets from C Shares | (3,255 | ) | (1,990 | ) | (1,291 | ) | (1,125 | ) | 9,259 | 467 | ||||||||||||||
Change in Net Assets from Capital Transactions | $ | (47,589 | ) | $ | (19,918 | ) | $ | (45,061 | ) | $ | (60,747 | ) | $ | 297,025 | $ | 119,120 | ||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 271 | 1,374 | 7,313 | 6,435 | 32,034 | 21,588 | ||||||||||||||||||
Reinvested | — | 2 | — | — | 468 | 517 | ||||||||||||||||||
Redeemed | (1,898 | ) | (2,109 | ) | (10,476 | ) | (11,582 | ) | (15,691 | ) | (11,773 | ) | ||||||||||||
Change in I Shares | (1,627 | ) | (733 | ) | (3,163 | ) | (5,147 | ) | 16,811 | 10,332 | ||||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 14 | 1 | 47 | 72 | 6,491 | 1,445 | ||||||||||||||||||
Reinvested | — | — | — | — | 17 | 7 | ||||||||||||||||||
Redeemed | (1 | ) | (1 | ) | (205 | ) | (184 | ) | (832 | ) | (214 | ) | ||||||||||||
Change in A Shares | 13 | — | (158 | ) | (112 | ) | 5,676 | 1,238 | ||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | 4 | 5 | 46 | 26 | 999 | 284 | ||||||||||||||||||
Reinvested | — | — | — | — | 1 | 6 | ||||||||||||||||||
Redeemed | (133 | ) | (93 | ) | (162 | ) | (147 | ) | (247 | ) | (252 | ) | ||||||||||||
Change in C Shares | (129 | ) | (88 | ) | (116 | ) | (121 | ) | 753 | 38 | ||||||||||||||
Change in Shares | (1,743 | ) | (821 | ) | (3,437 | ) | (5,380 | ) | 23,240 | 11,608 | ||||||||||||||
108
U.S. Equity | Aggressive Growth | Conservative | ||||||||||||||||||||||
130/30 Fund | Allocation Strategy | Allocation Strategy | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11* | 03/31/10 | 03/31/11* | 03/31/10 | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 71 | $ | 45 | $ | 172 | $ | 303 | $ | 432 | $ | 270 | ||||||||||||
Net Realized Gain (Loss)(a) | 996 | 1,545 | 323 | (399 | ) | 598 | 77 | |||||||||||||||||
Net Change in Unrealized Appreciation(a) | 1,404 | 1,064 | 3,650 | 9,154 | 751 | 1,740 | ||||||||||||||||||
Change in Net Assets from Operations | 2,471 | 2,654 | 4,145 | 9,058 | 1,781 | 2,087 | ||||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (77 | ) | (70 | ) | (266 | ) | (253 | ) | (331 | ) | (132 | ) | ||||||||||||
A Shares | — | — | (40 | ) | (22 | ) | (244 | ) | (39 | ) | ||||||||||||||
B Shares | — | — | — | (21 | ) | (12 | ) | (49 | ) | |||||||||||||||
C Shares | — | — | (9 | ) | (11 | ) | (185 | ) | (60 | ) | ||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | (309 | ) | — | — | — | (5 | ) | (6 | ) | |||||||||||||||
A Shares | — | — | — | — | (4 | ) | (2 | ) | ||||||||||||||||
B Shares | — | — | — | — | — | (2 | ) | |||||||||||||||||
C Shares | — | — | — | — | (4 | ) | (4 | ) | ||||||||||||||||
Total Dividends and Distributions | (386 | ) | (70 | ) | (315 | ) | (307 | ) | (785 | ) | (294 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | (195 | ) | 6,603 | (4,349 | ) | 1,788 | 11,570 | 4,827 | ||||||||||||||||
Capital Contributions From Administrator** | — | — | — | 4 | — | — | ||||||||||||||||||
Change in Net Assets | 1,890 | 9,187 | (519 | ) | 10,543 | 12,566 | 6,620 | |||||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 12,481 | 3,294 | 28,757 | 18,214 | 16,007 | 9,387 | ||||||||||||||||||
End of Period | $ | 14,371 | $ | 12,481 | $ | 28,238 | $ | 28,757 | $ | 28,573 | $ | 16,007 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | 22 | $ | (14 | ) | $ | 19 | $ | — | $ | 51 | $ | 53 | |||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the U.S. Equity 130/30 Fund and the Fund’s C Shares were no longer offered. |
* | Effective at the close of business on July 16, 2010, B Shares converted into A Shares for the Aggressive Growth Allocation Strategy and Conservative Allocation Strategy and those Funds’ B Shares were no longer offered. |
** | Capital contributions represent Fund operating expense waivers in excess of total Fund operating expenses. |
(a) | Net realized gain (loss) from investment transactions and net change in unrealized appreciation/depreciation on investments for the Allocation Strategy Funds are primarily attributable to the underlying investments in affiliated investment companies. |
109
U.S. Equity | Aggressive Growth | Conservative | ||||||||||||||||||||||
130/30 Fund | Allocation Strategy | Allocation Strategy | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11* | 03/31/10 | 03/31/11* | 03/31/10 | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 433 | $ | 6,897 | $ | 5,957 | $ | 7,328 | $ | 8,309 | $ | 3,746 | ||||||||||||
Dividends Reinvested | 386 | 70 | 261 | 245 | 276 | 132 | ||||||||||||||||||
Cost of Shares Redeemed | (1,014 | ) | (364 | ) | (9,074 | ) | (5,277 | ) | (2,379 | ) | (2,054 | ) | ||||||||||||
Change in Net Assets from I Shares | (195 | ) | 6,603 | (2,856 | ) | 2,296 | 6,206 | 1,824 | ||||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | — | — | 2,196 | 399 | 5,817 | 3,228 | ||||||||||||||||||
Dividends Reinvested | — | — | 36 | 21 | 204 | 33 | ||||||||||||||||||
Cost of Shares Redeemed | — | — | (830 | ) | (601 | ) | (1,148 | ) | (879 | ) | ||||||||||||||
Change in Net Assets from A Shares | — | — | 1,402 | (181 | ) | 4,873 | 2,382 | |||||||||||||||||
B Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | — | — | 1 | — | — | 25 | ||||||||||||||||||
Dividends Reinvested | — | — | — | 21 | 11 | 50 | ||||||||||||||||||
Cost of Shares Redeemed | — | — | (2,233 | ) | (338 | ) | (2,247 | ) | (1,312 | ) | ||||||||||||||
Change in Net Assets from B Shares | — | — | (2,232 | ) | (317 | ) | (2,236 | ) | (1,237 | ) | ||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | — | — | 82 | 182 | 3,439 | 2,138 | ||||||||||||||||||
Dividends Reinvested | — | — | 8 | 11 | 111 | 27 | ||||||||||||||||||
Cost of Shares Redeemed | — | — | (753 | ) | (203 | ) | (823 | ) | (307 | ) | ||||||||||||||
Change in Net Assets from C Shares | — | — | (663 | ) | (10 | ) | 2,727 | 1,858 | ||||||||||||||||
Change in Net Assets from Capital Transactions | $ | (195 | ) | $ | 6,603 | $ | (4,349 | ) | $ | 1,788 | $ | 11,570 | $ | 4,827 | ||||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 48 | 882 | 776 | 1,119 | 700 | 338 | ||||||||||||||||||
Reinvested | 41 | 9 | 33 | 36 | 24 | 12 | ||||||||||||||||||
Redeemed | (106 | ) | (45 | ) | (1,189 | ) | (797 | ) | (203 | ) | (187 | ) | ||||||||||||
Change in I Shares | (17 | ) | 846 | (380 | ) | 358 | 521 | 163 | ||||||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | — | — | 322 | 58 | 501 | 288 | ||||||||||||||||||
Reinvested | — | — | 5 | 3 | 18 | 3 | ||||||||||||||||||
Redeemed | — | — | (111 | ) | (90 | ) | (97 | ) | (78 | ) | ||||||||||||||
Change in A Shares | — | — | 216 | (29 | ) | 422 | 213 | |||||||||||||||||
B Shares: | ||||||||||||||||||||||||
Issued | — | — | — | — | — | 2 | ||||||||||||||||||
Reinvested | — | — | — | 3 | 1 | 5 | ||||||||||||||||||
Redeemed | — | — | (336 | ) | (54 | ) | (198 | ) | (121 | ) | ||||||||||||||
Change in B Shares | — | — | (336 | ) | (51 | ) | (197 | ) | (114 | ) | ||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | — | — | 11 | 27 | 295 | 199 | ||||||||||||||||||
Reinvested | — | — | 1 | 2 | 9 | 2 | ||||||||||||||||||
Redeemed | — | — | (98 | ) | (31 | ) | (70 | ) | (28 | ) | ||||||||||||||
Change in C Shares | — | — | (86 | ) | (2 | ) | 234 | 173 | ||||||||||||||||
Change in Shares | (17 | ) | 846 | (586 | ) | 276 | 980 | 435 | ||||||||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the U.S. Equity 130/30 Fund and the Fund’s C Shares were no longer offered. |
* | Effective at the close of business on July 16, 2010, B Shares converted into A Shares for the Aggressive Growth Allocation Strategy and Conservative Allocation Strategy and those Funds’ B Shares were no longer offered. |
110
Growth | Moderate | |||||||||||||||
Allocation Strategy | Allocation Strategy | |||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||
03/31/11* | 03/31/10 | 03/31/11* | 03/31/10 | |||||||||||||
Operations: | ||||||||||||||||
Net Investment Income | $ | 910 | $ | 985 | $ | 2,810 | $ | 3,045 | ||||||||
Net Realized Gain (Loss)(a) | 1,523 | (2,547 | ) | 4,179 | (1,855 | ) | ||||||||||
Net Change in Unrealized Appreciation(a) | 6,159 | 21,213 | 9,094 | 35,788 | ||||||||||||
Change in Net Assets from Operations | 8,592 | 19,651 | 16,083 | 36,978 | ||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||
Net Investment Income: | ||||||||||||||||
I Shares | (1,280 | ) | (842 | ) | (4,166 | ) | (2,711 | ) | ||||||||
A Shares | (202 | ) | (51 | ) | (389 | ) | (138 | ) | ||||||||
B Shares | (11 | ) | (102 | ) | (27 | ) | (97 | ) | ||||||||
C Shares | (42 | ) | (33 | ) | (361 | ) | (196 | ) | ||||||||
Total Dividends and Distributions | (1,535 | ) | (1,028 | ) | (4,943 | ) | (3,142 | ) | ||||||||
Change in Net Assets from Capital Transactions | (7,785 | ) | (2,314 | ) | (13,519 | ) | (6,865 | ) | ||||||||
Change in Net Assets | (728 | ) | 16,309 | (2,379 | ) | 26,971 | ||||||||||
Net Assets: | ||||||||||||||||
Beginning of Period | 70,057 | 53,748 | 154,851 | 127,880 | ||||||||||||
End of Period | $ | 69,329 | $ | 70,057 | $ | 152,472 | $ | 154,851 | ||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | 53 | $ | 59 | $ | 218 | $ | 397 | ||||||||
(a) | Net realized gain (loss) from investment transactions and net change in unrealized appreciation/depreciation on investments for the Allocation Strategy Funds are primarily attributable to the underlying investments in affiliated investment companies. |
* | Effective at the close of business on July 16, 2010, B Shares converted into A Shares for the Growth Allocation Strategy and Moderate Allocation Strategy and those Funds’ B Shares were no longer offered. |
111
Growth | Moderate | |||||||||||||||
Allocation Strategy | Allocation Strategy | |||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||
03/31/11* | 03/31/10 | 03/31/11* | 03/31/10 | |||||||||||||
Capital Transactions: | ||||||||||||||||
I Shares: | ||||||||||||||||
Proceeds from Shares Issued | $ | 11,514 | $ | 9,439 | $ | 29,229 | $ | 24,804 | ||||||||
Dividends Reinvested | 1,271 | 834 | 4,072 | 2,618 | ||||||||||||
Cost of Shares Redeemed | (17,519 | ) | (10,505 | ) | (44,547 | ) | (33,531 | ) | ||||||||
Change in Net Assets from I Shares | (4,734 | ) | (232 | ) | (11,246 | ) | (6,109 | ) | ||||||||
A Shares: | ||||||||||||||||
Proceeds from Shares Issued | 8,474 | 345 | 7,204 | 2,447 | ||||||||||||
Dividends Reinvested | 191 | 49 | 361 | 130 | ||||||||||||
Cost of Shares Redeemed | (2,939 | ) | (510 | ) | (2,976 | ) | (1,387 | ) | ||||||||
Change in Net Assets from A Shares | 5,726 | (116 | ) | 4,589 | 1,190 | |||||||||||
B Shares: | ||||||||||||||||
Proceeds from Shares Issued | — | 5 | — | — | ||||||||||||
Dividends Reinvested | 11 | 96 | 27 | 93 | ||||||||||||
Cost of Shares Redeemed | (8,306 | ) | (1,520 | ) | (5,602 | ) | (1,817 | ) | ||||||||
Change in Net Assets from B Shares | (8,295 | ) | (1,419 | ) | (5,575 | ) | (1,724 | ) | ||||||||
C Shares: | ||||||||||||||||
Proceeds from Shares Issued | 157 | 98 | 1,014 | 1,427 | ||||||||||||
Dividends Reinvested | 40 | 32 | 341 | 186 | ||||||||||||
Cost of Shares Redeemed | (679 | ) | (677 | ) | (2,642 | ) | (1,835 | ) | ||||||||
Change in Net Assets from C Shares | (482 | ) | (547 | ) | (1,287 | ) | (222 | ) | ||||||||
Change in Net Assets from Capital Transactions | $ | (7,785 | ) | $ | (2,314 | ) | $ | (13,519 | ) | $ | (6,865 | ) | ||||
Shares Transactions: | ||||||||||||||||
I Shares: | ||||||||||||||||
Issued | 1,195 | 1,099 | 2,912 | 2,756 | ||||||||||||
Reinvested | 129 | 95 | 405 | 285 | ||||||||||||
Redeemed | (1,804 | ) | (1,240 | ) | (4,433 | ) | (3,683 | ) | ||||||||
Change in I Shares | (480 | ) | (46 | ) | (1,116 | ) | (642 | ) | ||||||||
A Shares: | ||||||||||||||||
Issued | 941 | 40 | 747 | 261 | ||||||||||||
Reinvested | 19 | 6 | 35 | 14 | ||||||||||||
Redeemed | (305 | ) | (58 | ) | (297 | ) | (152 | ) | ||||||||
Change in A Shares | 655 | (12 | ) | 485 | 123 | |||||||||||
B Shares: | ||||||||||||||||
Issued | — | 1 | — | — | ||||||||||||
Reinvested | 1 | 11 | 3 | 10 | ||||||||||||
Redeemed | (930 | ) | (178 | ) | (595 | ) | (198 | ) | ||||||||
Change in B Shares | (929 | ) | (166 | ) | (592 | ) | (188 | ) | ||||||||
C Shares: | ||||||||||||||||
Issued | 16 | 11 | 102 | 156 | ||||||||||||
Reinvested | 4 | 4 | 34 | 21 | ||||||||||||
Redeemed | (71 | ) | (80 | ) | (266 | ) | (205 | ) | ||||||||
Change in C Shares | (51 | ) | (65 | ) | (130 | ) | (28 | ) | ||||||||
Change in Shares | (805 | ) | (289 | ) | (1,353 | ) | (735 | ) | ||||||||
* | Effective at the close of business on July 16, 2010, B Shares converted into A Shares for the Growth Allocation Strategy and Moderate Allocation Strategy and those Funds’ B Shares were no longer offered. |
112
Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | of | Ratio of | Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Net | Expenses to | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Distributions | Net | Expenses | Investment | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | from | from | Total | Asset | to | Income to | Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total from | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers and | Turnover | ||||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Aggressive Growth Stock Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 12.86 | $ | (0.12 | )(d) | $ | 3.71 | $ | 3.59 | $ | — | $ | — | $ | — | $ | — | $ | 16.45 | 27.99% | (e) | $ | 134,643 | 1.19 | % | (0.89 | )% | 1.19 | % | 53 | % | |||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.73 | (0.08 | )(d) | 5.21 | 5.13 | — | — | — | — | 12.86 | 66.36 | 108,754 | 1.21 | (0.77 | ) | 1.21 | 27 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 12.03 | (0.09 | ) | (3.99 | ) | (4.08 | ) | — | — | (0.22 | ) | (0.22 | ) | 7.73 | (33.89 | ) | 152,030 | 1.16 | (0.72 | ) | 1.16 | 27 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.64 | (0.09 | )(d) | (0.11 | ) | (0.20 | ) | — | — | (0.41 | ) | (0.41 | ) | 12.03 | (2.12 | ) | 306,709 | 1.16 | (0.70 | ) | 1.16 | 59 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.24 | (0.09 | )(d) | 0.49 | 0.40 | — | — | — | — | 12.64 | 3.27 | 323,303 | 1.17 | (0.79 | ) | 1.17 | 49 | |||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.62 | (0.16 | )(d) | 3.64 | 3.48 | — | — | — | — | 16.10 | 27.58 | 3,519 | 1.49 | (1.19 | ) | 1.49 | 53 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.61 | (0.13 | )(d) | 5.14 | 5.01 | — | — | — | — | 12.62 | 65.83 | 2,502 | 1.52 | (1.12 | ) | 1.52 | 27 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.88 | (0.12 | ) | (3.93 | ) | (4.05 | ) | — | — | (0.22 | ) | (0.22 | ) | 7.61 | (34.06 | ) | 416 | 1.46 | (1.01 | ) | 1.46 | 27 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.53 | (0.13 | )(d) | (0.11 | ) | (0.24 | ) | — | — | (0.41 | ) | (0.41 | ) | 11.88 | (2.46 | ) | 893 | 1.46 | (0.99 | ) | 1.46 | 59 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.16 | (0.12 | )(d) | 0.49 | 0.37 | — | — | — | — | 12.53 | 3.04 | 553 | 1.47 | (1.10 | ) | 1.47 | 49 | |||||||||||||||||||||||||||||||||||||||||||
Emerging Growth Stock Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.23 | (0.14 | )(d) | 5.37 | 5.23 | — | — | — | — | 16.46 | 46.57 | 26,439 | 1.23 | (1.12 | ) | 1.44 | 133 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.43 | (0.07 | )(d) | 4.87 | 4.80 | — | — | — | — | 11.23 | 74.65 | 19,793 | 1.20 | (0.82 | ) | 1.24 | 87 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.08 | (0.06 | )(d) | (4.33 | ) | (4.39 | ) | — | — | (0.26 | ) | (0.26 | ) | 6.43 | (39.58 | ) | 66,005 | 1.17 | (0.68 | ) | 1.17 | 71 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.97 | (0.10 | )(d) | (0.41 | ) | (0.51 | ) | — | — | (1.38 | ) | (1.38 | ) | 11.08 | (6.29 | ) | 116,703 | 1.17 | (0.71 | ) | 1.17 | 117 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.83 | (0.10 | )(d) | 0.24 | 0.14 | — | — | — | — | 12.97 | 1.09 | 111,078 | 1.17 | (0.85 | ) | 1.18 | 103 | |||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.99 | (0.18 | )(d) | 5.26 | 5.08 | — | — | — | — | �� | 16.07 | 46.22 | 1,846 | 1.54 | (1.43 | ) | 1.74 | 133 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.31 | (0.11 | )(d) | 4.79 | 4.68 | — | — | — | — | 10.99 | 74.17 | 563 | 1.52 | (1.20 | ) | 1.64 | 87 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.92 | (0.09 | )(d) | (4.26 | ) | (4.35 | ) | — | — | (0.26 | ) | (0.26 | ) | 6.31 | (39.80 | ) | 150 | 1.47 | (1.00 | ) | 1.47 | 71 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.83 | (0.14 | )(d) | (0.39 | ) | (0.53 | ) | — | — | (1.38 | ) | (1.38 | ) | 10.92 | (6.52 | ) | 632 | 1.47 | (1.01 | ) | 1.47 | 117 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.74 | (0.14 | )(d) | 0.23 | 0.09 | — | — | — | — | 12.83 | 0.71 | 615 | 1.48 | (1.16 | ) | 1.49 | 103 | |||||||||||||||||||||||||||||||||||||||||||
International Equity 130/30 Fund(f)(g) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 6.75 | 0.10 | (d) | 0.66 | 0.76 | (0.05 | ) | — | — | (0.05 | ) | 7.46 | 11.24 | 104,822 | 2.38 | 1.52 | 2.38 | 473 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 4.08 | 0.08 | 2.70 | 2.78 | (0.11 | ) | — | — | (0.11 | ) | 6.75 | 68.36 | 123,661 | 2.94 | 1.22 | 2.94 | 628 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 8.69 | 0.04 | (d) | (4.63 | ) | (4.59 | ) | (0.02 | ) | — | — | (0.02 | ) | 4.08 | (52.80 | ) | 69,523 | 2.82 | 0.77 | 2.87 | 491 | |||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2008 | 10.00 | (0.01 | ) | (1.30 | ) | (1.31 | ) | — | — | — | — | 8.69 | (13.10 | ) | 4,343 | 3.29 | (0.58 | ) | 7.38 | (h) | 120 | |||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 6.77 | 0.02 | (d) | 0.73 | 0.75 | (0.04 | ) | — | — | (0.04 | ) | 7.48 | 11.15 | 23 | 2.78 | 0.30 | 2.81 | 473 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 4.08 | 0.07 | 2.70 | 2.77 | (0.08 | ) | — | — | (0.08 | ) | 6.77 | 67.87 | 3 | 3.65 | 2.34 | 3.65 | 628 | |||||||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2009 | 8.09 | — | (4.00 | ) | (4.00 | ) | (0.01 | ) | — | — | (0.01 | ) | 4.08 | (49.40 | ) | 10 | 3.13 | (0.12 | ) | 3.17 | 491 | |||||||||||||||||||||||||||||||||||||||
International Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.71 | 0.16 | (d) | 1.02 | 1.18 | (0.27 | ) | — | — | (0.27 | ) | 11.62 | 11.29 | 252,253 | 1.27 | 1.49 | 1.27 | 80 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.38 | 0.11 | (d) | 4.28 | 4.39 | (0.06 | ) | — | — | (0.06 | ) | 10.71 | 68.80 | (e) | 273,819 | 1.25 | 1.17 | 1.30 | 95 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 13.77 | 0.35 | (7.28 | ) | (6.93 | ) | (0.25 | ) | — | (0.21 | ) | (0.46 | ) | 6.38 | (50.68 | ) | 185,862 | 1.24 | 2.93 | 1.25 | 193 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 16.83 | 0.34 | (d) | (0.76 | ) | (0.42 | ) | (0.34 | ) | — | (2.30 | ) | (2.64 | ) | 13.77 | (4.16 | ) | 1,089,572 | 1.21 | 2.06 | 1.21 | 141 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 14.49 | 0.20 | 2.41 | 2.61 | (0.27 | ) | — | — | (0.27 | ) | 16.83 | 18.21 | 1,165,510 | 1.22 | 1.31 | 1.22 | 81 | |||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.59 | 0.13 | (d) | 1.01 | 1.14 | (0.24 | ) | — | — | (0.24 | ) | 11.49 | 10.98 | 7,227 | 1.57 | 1.24 | 1.57 | 80 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.32 | 0.09 | (d) | 4.22 | 4.31 | (0.04 | ) | — | — | (0.04 | ) | 10.59 | 68.22 | (e) | 8,104 | 1.55 | 0.68 | 1.59 | 95 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 13.61 | 0.33 | (7.21 | ) | (6.88 | ) | (0.20 | ) | — | (0.21 | ) | (0.41 | ) | 6.32 | (50.84 | ) | 3,580 | 1.54 | 2.71 | 1.54 | 193 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 16.67 | 0.28 | (d) | (0.74 | ) | (0.46 | ) | (0.30 | ) | — | (2.30 | ) | (2.60 | ) | 13.61 | (4.45 | ) | 12,288 | 1.51 | 1.70 | 1.51 | 141 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 14.34 | 0.16 | 2.40 | 2.56 | (0.23 | ) | — | — | (0.23 | ) | 16.67 | 18.00 | 14,277 | 1.52 | 1.05 | 1.52 | 81 |
113
Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | of | Ratio of | Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Net | Expenses to | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Distributions | Net | Expenses | Investment | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | from | from | Total | Asset | to | Income to | Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total from | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers and | Turnover | ||||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
International Equity Index Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 12.72 | $ | 0.33 | (d) | $ | 0.86 | $ | 1.19 | $ | (0.39 | ) | $ | — | $ | — | $ | (0.39 | ) | $ | 13.52 | 9.55 | % | $ | 478,223 | 0.66 | % | 2.65 | % | 0.66 | % | 43 | % | |||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.75 | 0.34 | 4.03 | 4.37 | (0.40 | ) | — | — | (0.40 | ) | 12.72 | 49.93 | 839,582 | 0.64 | 2.46 | 0.64 | 36 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 17.82 | 0.60 | (9.05 | ) | (8.45 | ) | (0.62 | ) | — | — | (0.62 | ) | 8.75 | (47.89 | ) | 726,931 | 0.61 | 3.63 | 0.61 | 47 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 18.64 | 0.53 | (0.86 | ) | (0.33 | ) | (0.49 | ) | — | — | (0.49 | ) | 17.82 | (2.03 | ) | 958,514 | 0.59 | 2.74 | 0.59 | 13 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 15.81 | 0.35 | 2.84 | 3.19 | (0.36 | ) | — | — | (0.36 | ) | 18.64 | 20.27 | 994,685 | 0.61 | 1.99 | 0.61 | 8 | |||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.61 | 0.28 | (d) | 0.86 | 1.14 | (0.35 | ) | — | — | (0.35 | ) | 13.40 | 9.23 | 4,459 | 0.92 | 2.25 | 0.92 | 43 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.69 | 0.25 | 4.05 | 4.30 | (0.38 | ) | — | — | (0.38 | ) | 12.61 | 49.46 | 5,998 | 0.94 | 1.72 | 0.94 | 36 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 17.67 | 0.52 | (8.93 | ) | (8.41 | ) | (0.57 | ) | — | — | (0.57 | ) | 8.69 | (48.04 | ) | 2,533 | 0.91 | 3.48 | 0.91 | 47 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 18.49 | 0.46 | (0.84 | ) | (0.38 | ) | (0.44 | ) | — | — | (0.44 | ) | 17.67 | (2.29 | ) | 6,052 | 0.89 | 2.40 | 0.89 | 13 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 15.66 | 0.28 | 2.84 | 3.12 | (0.29 | ) | — | — | (0.29 | ) | 18.49 | 20.03 | 5,921 | 0.91 | 1.69 | 0.91 | 8 | |||||||||||||||||||||||||||||||||||||||||||
Large Cap Core Growth Stock Fund* | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 13.01 | 0.15 | (d) | 1.28 | 1.43 | (0.16 | ) | — | — | (0.16 | ) | 14.28 | 11.08 | 348,113 | 0.93 | 1.15 | 0.93 | 136 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.98 | 0.12 | 4.03 | 4.15 | (0.12 | ) | — | — | (0.12 | ) | 13.01 | 46.42 | 422,673 | 0.83 | 1.04 | 0.92 | 81 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 14.25 | 0.19 | (5.28 | ) | (5.09 | ) | (0.18 | ) | — | — | (0.18 | ) | 8.98 | (35.88 | ) | 361,038 | 0.87 | 1.35 | 0.88 | 89 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 17.79 | 0.21 | (1.81 | ) | (1.60 | ) | (0.21 | ) | — | (i) | (1.73 | ) | (1.94 | ) | 14.25 | (10.32 | ) | 1,239,965 | 0.86 | 1.23 | 0.86 | 78 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 17.20 | 0.25 | 1.87 | 2.12 | (0.26 | ) | — | (1.27 | ) | (1.53 | ) | 17.79 | 12.51 | 1,554,971 | 0.85 | 1.41 | 0.85 | 58 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 13.15 | 0.12 | (d) | 1.28 | 1.40 | (0.12 | ) | — | — | (0.12 | ) | 14.43 | 10.77 | 18,880 | 1.18 | 0.89 | 1.18 | 136 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.08 | 0.09 | 4.08 | 4.17 | (0.10 | ) | — | — | (0.10 | ) | 13.15 | 46.11 | 21,511 | 1.08 | 0.79 | 1.17 | 81 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 14.40 | 0.14 | (5.31 | ) | (5.17 | ) | (0.15 | ) | — | — | (0.15 | ) | 9.08 | (36.02 | ) | 17,254 | 1.12 | 1.13 | 1.12 | 89 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 17.97 | 0.17 | (1.84 | ) | (1.67 | ) | (0.17 | ) | — | (i) | (1.73 | ) | (1.90 | ) | 14.40 | (10.60 | ) | 35,341 | 1.11 | 0.97 | 1.11 | 78 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 17.36 | 0.20 | 1.89 | 2.09 | (0.21 | ) | — | (1.27 | ) | (1.48 | ) | 17.97 | 12.25 | 46,878 | 1.10 | 1.19 | 1.10 | 58 | ||||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.76 | 0.02 | (d) | 1.25 | 1.27 | (0.03 | ) | — | — | (0.03 | ) | 14.00 | 9.99 | 22,185 | 1.93 | 0.13 | 1.93 | 136 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.84 | — | 3.97 | 3.97 | (0.05 | ) | — | — | (0.05 | ) | 12.76 | 44.99 | 26,275 | 1.83 | 0.04 | 1.92 | 81 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 14.03 | 0.05 | (5.17 | ) | (5.12 | ) | (0.07 | ) | — | — | (0.07 | ) | 8.84 | (36.51 | ) | 21,571 | 1.87 | 0.38 | 1.87 | 89 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 17.56 | 0.04 | (1.79 | ) | (1.75 | ) | (0.05 | ) | — | (i) | (1.73 | ) | (1.78 | ) | 14.03 | (11.27 | ) | 46,342 | 1.86 | 0.23 | 1.86 | 78 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 17.00 | 0.08 | 1.84 | 1.92 | (0.09 | ) | — | (1.27 | ) | (1.36 | ) | 17.56 | 11.40 | 68,436 | 1.85 | 0.42 | 1.85 | 58 | ||||||||||||||||||||||||||||||||||||||||||
Large Cap Growth Stock Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.59 | 0.01 | (d) | 1.95 | 1.96 | — | (i) | — | — | — | 11.55 | 20.48 | 406,017 | 1.04 | 0.06 | 1.06 | 30 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.57 | 0.01 | 3.02 | 3.03 | (0.01 | ) | — | — | (0.01 | ) | 9.59 | 46.20 | 443,918 | 0.99 | 0.19 | 1.04 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.95 | 0.04 | (3.33 | ) | (3.29 | ) | (0.04 | ) | — | (0.05 | ) | (0.09 | ) | 6.57 | (33.16 | ) | 439,356 | 0.99 | 0.54 | 1.03 | 85 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.86 | 0.05 | 0.49 | 0.54 | (0.05 | ) | — | (3.40 | ) | (3.45 | ) | 9.95 | 0.92 | 633,291 | 1.00 | 0.45 | 1.01 | 109 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.83 | 0.06 | (d) | 0.58 | 0.64 | (0.06 | ) | — | (0.55 | ) | (0.61 | ) | 12.86 | 5.08 | 1,105,504 | 0.98 | 0.48 | 0.98 | 79 | |||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.91 | (0.02 | )(d) | 1.81 | 1.79 | — | — | — | — | 10.70 | 20.09 | 46,358 | 1.34 | (0.24 | ) | 1.36 | 30 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.11 | (0.01 | ) | 2.81 | 2.80 | — | — | — | — | 8.91 | 45.90 | 44,994 | 1.29 | (0.11 | ) | 1.34 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.27 | 0.02 | (3.11 | ) | (3.09 | ) | (0.02 | ) | — | (0.05 | ) | (0.07 | ) | 6.11 | (33.40 | ) | 35,431 | 1.30 | 0.19 | 1.33 | 85 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.19 | 0.02 | 0.49 | 0.51 | (0.03 | ) | — | (3.40 | ) | (3.43 | ) | 9.27 | 0.68 | 66,115 | 1.30 | 0.16 | 1.31 | 109 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.20 | 0.02 | (d) | 0.56 | 0.58 | (0.04 | ) | — | (0.55 | ) | (0.59 | ) | 12.19 | 4.69 | 80,848 | 1.28 | 0.18 | 1.28 | 79 | |||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 7.94 | (0.08 | )(d) | 1.62 | 1.54 | — | — | — | — | 9.48 | 19.40 | 17,680 | 2.04 | (0.94 | ) | 2.06 | 30 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.49 | (0.06 | ) | 2.51 | 2.45 | — | — | — | — | 7.94 | 44.63 | 17,516 | 1.99 | (0.81 | ) | 2.04 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 8.37 | (0.04 | ) | (2.78 | ) | (2.82 | ) | (0.01 | ) | — | (0.05 | ) | (0.06 | ) | 5.49 | (33.77 | ) | 14,046 | 2.00 | (0.52 | ) | 2.03 | 85 | |||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 11.36 | (0.06 | ) | 0.48 | 0.42 | (0.01 | ) | — | (3.40 | ) | (3.41 | ) | 8.37 | (0.08 | ) | 27,949 | 2.00 | (0.54 | ) | 2.01 | 109 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 11.46 | (0.06 | )(d) | 0.52 | 0.46 | (0.01 | ) | — | (0.55 | ) | (0.56 | ) | 11.36 | 3.96 | 37,356 | 1.98 | (0.52 | ) | 1.98 | 79 |
114
Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | of | Ratio of | Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Net | Expenses to | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Distributions | Net | Expenses | Investment | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | from | from | Total | Asset | to | Income to | Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total from | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers and | Turnover | ||||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Large Cap Quantitative Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 10.55 | $ | 0.11 | (d) | $ | 1.78 | $ | 1.89 | $ | (0.10 | ) | $ | — | $ | — | $ | (0.10 | ) | $ | 12.34 | 18.06 | % | $ | 16,916 | 0.97 | % | 1.06 | % | 1.21 | % | 402 | % | |||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.22 | 0.17 | 3.32 | 3.49 | (0.16 | ) | — | — | (0.16 | ) | 10.55 | 48.74 | 20,284 | 0.80 | 1.41 | 1.07 | 523 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.58 | 0.11 | (4.37 | ) | (4.26 | ) | (0.10 | ) | — | — | (0.10 | ) | 7.22 | (36.93 | ) | 51,282 | 0.95 | 0.94 | 0.97 | 500 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 14.08 | 0.09 | (d) | (0.85 | ) | (0.76 | ) | (0.09 | ) | — | (i) | (1.65 | ) | (1.74 | ) | 11.58 | (6.68 | ) | 235,925 | 0.92 | 0.63 | 0.92 | 399 | |||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 13.75 | 0.07 | (d) | 0.69 | 0.76 | (0.06 | ) | — | (0.37 | ) | (0.43 | ) | 14.08 | 5.63 | 309,126 | 0.92 | 0.48 | 0.92 | 450 | |||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.44 | 0.09 | (d) | 1.77 | 1.86 | (0.08 | ) | — | — | (0.08 | ) | 12.22 | 17.88 | 627 | 1.22 | 0.86 | 1.46 | 402 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.15 | 0.13 | 3.31 | 3.44 | (0.15 | ) | — | — | (0.15 | ) | 10.44 | 48.42 | 569 | 0.93 | 1.30 | 1.33 | 523 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.47 | 0.08 | (4.32 | ) | (4.24 | ) | (0.08 | ) | — | — | (0.08 | ) | 7.15 | (37.10 | ) | 268 | 1.21 | 0.69 | 1.22 | 500 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 13.97 | 0.05 | (d) | (0.84 | ) | (0.79 | ) | (0.06 | ) | — | (i) | (1.65 | ) | (1.71 | ) | 11.47 | (6.96 | ) | 830 | 1.17 | 0.37 | 1.17 | 399 | |||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 13.65 | 0.03 | (d) | 0.69 | 0.72 | (0.03 | ) | — | (0.37 | ) | (0.40 | ) | 13.97 | 5.38 | 944 | 1.17 | 0.24 | 1.17 | 450 | |||||||||||||||||||||||||||||||||||||||||
Large Cap Value Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.71 | 0.18 | (d) | 1.75 | 1.93 | (0.17 | ) | — | — | (0.17 | ) | 13.47 | 16.69 | 1,348,969 | 0.83 | 1.48 | 0.83 | 134 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.99 | 0.17 | 3.72 | 3.89 | (0.17 | ) | — | — | (0.17 | ) | 11.71 | 49.03 | 1,288,962 | 0.81 | 1.67 | 0.82 | 105 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 12.35 | 0.25 | (4.36 | ) | (4.11 | ) | (0.25 | ) | — | — | (0.25 | ) | 7.99 | (33.65 | ) | 998,608 | 0.82 | 2.50 | 0.82 | 114 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 15.13 | 0.28 | (1.16 | ) | (0.88 | ) | (0.28 | ) | — | (1.62 | ) | (1.90 | ) | 12.35 | (7.07 | ) | 898,491 | 0.83 | 1.93 | 0.83 | 116 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 13.85 | 0.23 | 1.85 | 2.08 | (0.23 | ) | — | (0.57 | ) | (0.80 | ) | 15.13 | 15.26 | 893,491 | 0.83 | 1.62 | 0.83 | 95 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.66 | 0.15 | (d) | 1.74 | 1.89 | (0.14 | ) | — | — | (0.14 | ) | 13.41 | 16.37 | 80,048 | 1.13 | 1.20 | 1.13 | 134 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.96 | 0.14 | 3.71 | 3.85 | (0.15 | ) | — | — | (0.15 | ) | 11.66 | 48.59 | 33,805 | 1.11 | 1.37 | 1.12 | 105 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 12.30 | 0.24 | (4.36 | ) | (4.12 | ) | (0.22 | ) | — | — | (0.22 | ) | 7.96 | (33.83 | ) | 24,385 | 1.12 | 2.17 | 1.12 | 114 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 15.08 | 0.24 | (1.16 | ) | (0.92 | ) | (0.24 | ) | — | (1.62 | ) | (1.86 | ) | 12.30 | (7.37 | ) | 47,400 | 1.13 | 1.63 | 1.13 | 116 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 13.82 | 0.19 | 1.83 | 2.02 | (0.19 | ) | — | (0.57 | ) | (0.76 | ) | 15.08 | 14.81 | 62,390 | 1.13 | 1.32 | 1.13 | 95 | ||||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.49 | 0.06 | (d) | 1.72 | 1.78 | (0.06 | ) | — | — | (0.06 | ) | 13.21 | 15.53 | 18,686 | 1.83 | 0.48 | 1.83 | 134 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.87 | 0.07 | 3.65 | 3.72 | (0.10 | ) | — | — | (0.10 | ) | 11.49 | 47.43 | 19,823 | 1.81 | 0.67 | 1.82 | 105 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 12.16 | 0.16 | (4.31 | ) | (4.15 | ) | (0.14 | ) | — | — | (0.14 | ) | 7.87 | (34.28 | ) | 15,410 | 1.82 | 1.46 | 1.82 | 114 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 14.92 | 0.14 | (1.14 | ) | (1.00 | ) | (0.14 | ) | — | (1.62 | ) | (1.76 | ) | 12.16 | (7.93 | ) | 29,329 | 1.83 | 0.92 | 1.83 | 116 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 13.68 | 0.09 | 1.81 | 1.90 | (0.09 | ) | — | (0.57 | ) | (0.66 | ) | 14.92 | 14.04 | 40,223 | 1.83 | 0.62 | 1.83 | 95 | ||||||||||||||||||||||||||||||||||||||||||
Mid-Cap Core Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.91 | 0.02 | (d) | 2.31 | 2.33 | (0.03 | ) | — | — | (0.03 | ) | 12.21 | 23.57 | 19,941 | 1.18 | 0.21 | 1.19 | 52 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.24 | 0.06 | 3.66 | 3.72 | (0.05 | ) | — | — | (0.05 | ) | 9.91 | 59.77 | 85,806 | 1.02 | 0.63 | 1.11 | 91 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.26 | 0.09 | (4.60 | ) | (4.51 | ) | (0.08 | ) | — | (0.43 | ) | (0.51 | ) | 6.24 | (40.27 | ) | 74,341 | 1.09 | 0.91 | 1.09 | 52 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 13.89 | 0.08 | (d) | (1.28 | ) | (1.20 | ) | (0.09 | ) | — | (1.34 | ) | (1.43 | ) | 11.26 | (9.73 | ) | 185,543 | 1.07 | 0.56 | 1.07 | 58 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 13.67 | 0.06 | 1.21 | 1.27 | (0.06 | ) | — | (0.99 | ) | (1.05 | ) | 13.89 | 9.59 | 333,976 | 1.07 | 0.43 | 1.07 | 189 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.36 | — | (d) | 2.18 | 2.18 | (0.02 | ) | — | — | (0.02 | ) | 11.52 | 23.30 | 5,528 | 1.52 | (0.02 | ) | 1.53 | 52 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.91 | 0.03 | 3.45 | 3.48 | (0.03 | ) | — | — | (0.03 | ) | 9.36 | 59.07 | 5,073 | 1.31 | 0.33 | 1.41 | 91 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.70 | 0.06 | (4.36 | ) | (4.30 | ) | (0.06 | ) | — | (0.43 | ) | (0.49 | ) | 5.91 | (40.41 | ) | 3,592 | 1.39 | 0.63 | 1.39 | 52 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 13.28 | 0.04 | (d) | (1.22 | ) | (1.18 | ) | (0.06 | ) | — | (1.34 | ) | (1.40 | ) | 10.70 | (10.02 | ) | 8,614 | 1.37 | 0.29 | 1.37 | 58 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 13.12 | 0.02 | 1.16 | 1.18 | (0.03 | ) | — | (0.99 | ) | (1.02 | ) | 13.28 | 9.28 | 11,773 | 1.37 | 0.12 | 1.37 | 189 | ||||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.32 | (0.06 | )(d) | 1.93 | 1.87 | — | (i) | — | — | — | 10.19 | 22.51 | 3,806 | 2.21 | (0.72 | ) | 2.22 | 52 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.27 | (0.02 | ) | 3.08 | 3.06 | (0.01 | ) | — | — | (0.01 | ) | 8.32 | 58.03 | 4,197 | 2.01 | (0.37 | ) | 2.11 | 91 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.66 | (0.01 | ) | (3.92 | ) | (3.93 | ) | (0.03 | ) | — | (0.43 | ) | (0.46 | ) | 5.27 | (40.84 | ) | 3,203 | 2.09 | (0.08 | ) | 2.09 | 52 | |||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.16 | (0.05 | )(d) | (1.09 | ) | (1.14 | ) | (0.02 | ) | — | (1.34 | ) | (1.36 | ) | 9.66 | (10.62 | ) | 7,308 | 2.07 | (0.41 | ) | 2.07 | 58 | |||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.15 | (0.01 | ) | 1.01 | 1.00 | — | — | (0.99 | ) | (0.99 | ) | 12.16 | 8.51 | 10,854 | 2.07 | (0.58 | ) | 2.07 | 189 |
115
Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | of | Ratio of | Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Net | Expenses to | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Distributions | Net | Expenses | Investment | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | from | from | Total | Asset | to | Income to | Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total from | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers and | Turnover | ||||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Mid-Cap Value Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 11.17 | $ | 0.10 | (d) | $ | 2.26 | $ | 2.36 | $ | (0.09 | ) | $ | — | $ | (0.74 | ) | $ | (0.83 | ) | $ | 12.70 | 21.89 | % | $ | 1,710,610 | 1.04 | % | 0.91 | % | 1.04 | % | 170 | % | ||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.45 | 0.11 | 4.73 | 4.84 | (0.12 | ) | — | — | (0.12 | ) | 11.17 | 75.36 | 803,168 | 1.03 | 1.11 | 1.04 | 195 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.58 | 0.14 | (d) | (3.13 | ) | (2.99 | ) | (0.14 | ) | — | — | (0.14 | ) | 6.45 | (31.46 | ) | 231,035 | 1.07 | 1.76 | 1.07 | 213 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 13.02 | 0.19 | (d) | (1.18 | ) | (0.99 | ) | (0.18 | )(k) | — | (2.27 | )(k) | (2.45 | )(k) | 9.58 | (9.75 | ) | 257,978 | 1.06 | 1.52 | 1.06 | 221 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 13.14 | 0.14 | 2.04 | 2.18 | (0.13 | ) | — | (2.17 | ) | (2.30 | ) | 13.02 | 17.47 | 278,949 | 1.06 | 1.08 | 1.06 | 196 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.11 | 0.08 | (d) | 2.24 | 2.32 | (0.07 | ) | — | (0.74 | ) | (0.81 | ) | 12.62 | 21.55 | 252,165 | 1.35 | 0.70 | 1.35 | 170 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.42 | 0.09 | 4.70 | 4.79 | (0.10 | ) | — | — | (0.10 | ) | 11.11 | 74.87 | 36,756 | 1.32 | 0.70 | 1.34 | 195 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.53 | 0.12 | (d) | (3.12 | ) | (3.00 | ) | (0.11 | ) | — | — | (0.11 | ) | 6.42 | (31.64 | ) | 2,912 | 1.37 | 1.36 | 1.37 | 213 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.97 | 0.12 | (d) | (1.14 | ) | (1.02 | ) | (0.15 | )(k) | — | (2.27 | )(k) | (2.42 | )(k) | 9.53 | (10.03 | ) | 7,774 | 1.36 | 1.04 | 1.36 | 221 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 13.10 | 0.11 | 2.03 | 2.14 | (0.10 | ) | — | (2.17 | ) | (2.27 | ) | 12.97 | 17.11 | 3,362 | 1.36 | 0.78 | 1.36 | 196 | ||||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.02 | — | (d) | 2.21 | 2.21 | (0.01 | ) | — | (0.74 | ) | (0.75 | ) | 12.48 | 20.71 | 24,496 | 2.04 | (0.04 | ) | 2.04 | 170 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.38 | 0.02 | 4.67 | 4.69 | (0.05 | ) | — | — | (0.05 | ) | 11.02 | 73.71 | 5,853 | 2.03 | 0.13 | 2.04 | 195 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.47 | 0.06 | (d) | (3.10 | ) | (3.04 | ) | (0.05 | ) | — | — | (0.05 | ) | 6.38 | (32.09 | ) | 1,949 | 2.07 | 0.72 | 2.07 | 213 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.91 | 0.07 | (d) | (1.18 | ) | (1.11 | ) | (0.06 | )(k) | — | (2.27 | )(k) | (2.33 | )(k) | 9.47 | (10.72 | ) | 4,049 | 2.06 | 0.57 | 2.06 | 221 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 13.06 | 0.02 | 2.01 | 2.03 | (0.01 | ) | — | (2.17 | ) | (2.18 | ) | 12.91 | 16.27 | 6,269 | 2.06 | 0.07 | 2.06 | 196 | ||||||||||||||||||||||||||||||||||||||||||
Real Estate 130/30 Fund(f)(g) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 7.41 | 0.07 | (d) | 1.67 | 1.74 | (0.24 | ) | — | (0.86 | ) | (1.10 | ) | 8.05 | 25.15 | 12,305 | 2.09 | 0.94 | 2.25 | 243 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 4.17 | 0.17 | 3.24 | 3.41 | (0.17 | ) | — | — | (0.17 | ) | 7.41 | 82.75 | 13,493 | 1.28 | 3.20 | 2.80 | 704 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.28 | 0.20 | (5.94 | ) | (5.74 | ) | (0.18 | ) | (0.04 | ) | (0.15 | ) | (0.37 | )(i) | 4.17 | (56.69 | ) | 4,567 | 3.53 | 1.92 | 4.87 | 404 | ||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2008 | 10.00 | 0.10 | 0.25 | 0.35 | (0.07 | ) | — | — | (0.07 | ) | 10.28 | 3.47 | 5,173 | 2.48 | 1.74 | 3.42 | (h) | 70 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 7.40 | 0.06 | (d) | 1.65 | 1.71 | (0.22 | ) | — | (0.86 | ) | (1.08 | ) | 8.03 | 24.72 | 197 | 2.71 | 0.49 | 2.86 | 243 | |||||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2010 | 4.80 | 0.16 | 2.60 | 2.76 | (0.16 | ) | — | — | (0.16 | ) | 7.40 | 58.31 | 158 | 1.23 | 3.05 | 2.79 | 704 | |||||||||||||||||||||||||||||||||||||||||||
Select Large Cap Growth Stock Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 27.79 | 0.02 | (d) | 4.70 | 4.72 | — | — | — | — | 32.51 | 16.98 | 80,589 | 0.99 | 0.07 | 0.99 | 72 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 19.74 | 0.04 | 8.03 | 8.07 | (0.02 | ) | — | (i) | — | (0.02 | ) | 27.79 | 40.93 | 114,100 | 0.96 | 0.18 | 0.96 | 65 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 28.32 | 0.09 | (8.60 | ) | (8.51 | ) | (0.06 | ) | (0.01 | ) | — | (0.07 | ) | 19.74 | (30.06 | ) | 95,540 | 0.95 | 0.45 | 0.96 | 65 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 26.92 | 0.08 | (d) | 1.35 | 1.43 | (0.03 | ) | — | — | (0.03 | ) | 28.32 | 5.30 | 96,704 | 0.94 | 0.28 | 0.95 | 62 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 25.83 | 0.15 | (d) | 0.99 | 1.14 | (0.05 | ) | — | — | (0.05 | ) | 26.92 | 4.42 | 98,027 | 0.97 | 0.59 | 0.98 | 160 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 27.47 | (0.06 | )(d) | 4.63 | 4.57 | — | — | — | — | 32.04 | 16.64 | 698 | 1.29 | (0.21 | ) | 1.29 | 72 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 19.54 | (0.03 | ) | 7.97 | 7.94 | (0.01 | ) | — | (i) | — | (0.01 | ) | 27.47 | 40.65 | 244 | 1.25 | (0.10 | ) | 1.26 | 65 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 28.06 | 0.02 | (8.52 | ) | (8.50 | ) | (0.01 | ) | (0.01 | ) | — | (0.02 | ) | 19.54 | (30.28 | ) | 175 | 1.25 | 0.04 | 1.25 | 65 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 26.73 | — | (d) | 1.33 | 1.33 | — | — | — | — | 28.06 | 4.98 | 556 | 1.24 | — | 1.25 | 62 | ||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 25.67 | 0.07 | (d) | 0.99 | 1.06 | — | — | — | — | 26.73 | 4.13 | 371 | 1.28 | 0.26 | 1.29 | 160 | ||||||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 25.10 | (0.23 | )(d) | 4.21 | 3.98 | — | — | — | — | 29.08 | 15.86 | 18,332 | 1.99 | (0.92 | ) | 1.99 | 72 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 17.99 | (0.19 | ) | 7.30 | 7.11 | — | — | (i) | — | — | 25.10 | 39.52 | 19,040 | 1.96 | (0.81 | ) | 1.96 | 65 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 25.98 | (0.14 | ) | (7.85 | ) | (7.99 | ) | — | — | — | — | 17.99 | (30.75 | ) | 15,237 | 1.95 | (0.59 | ) | 1.95 | 65 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 24.93 | (0.20 | )(d) | 1.25 | 1.05 | — | — | — | — | 25.98 | 4.21 | 26,596 | 1.95 | (0.74 | ) | 1.95 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 24.11 | (0.11 | )(d) | 0.93 | 0.82 | — | — | — | — | 24.93 | 3.40 | 32,895 | 1.98 | (0.44 | ) | 1.99 | 160 |
116
Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | of | Ratio of | Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Net | Expenses to | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Distributions | Net | Expenses | Investment | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | from | from | Total | Asset | to | Income to | Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total from | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers and | Turnover | ||||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Small Cap Growth Stock Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 13.32 | $ | (0.11 | )(d) | $ | 3.96 | $ | 3.85 | $ | — | $ | — | $ | — | $ | — | $ | 17.17 | 28.90 | % | $ | 408,399 | 1.23 | % | (0.81 | )% | 1.23 | % | 112 | % | |||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.52 | (0.09 | ) | 4.89 | 4.80 | — | — | — | — | 13.32 | 56.34 | 358,947 | 1.22 | (0.76 | ) | 1.22 | 103 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 13.53 | (0.04 | ) | (4.97 | ) | (5.01 | ) | — | — | — | — | 8.52 | (37.03 | ) | 273,548 | 1.21 | (0.30 | ) | 1.21 | 157 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 20.61 | (0.11 | )(d) | (0.33 | ) | (0.44 | ) | — | (0.11 | ) | (6.53 | ) | (6.64 | ) | 13.53 | (7.09 | ) | 490,675 | 1.19 | (0.57 | ) | 1.20 | 126 | |||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 23.65 | (0.11 | )(d) | (1.74 | ) | (1.85 | ) | — | — | (1.19 | ) | (1.19 | ) | 20.61 | (7.80 | ) | 845,570 | 1.16 | (0.51 | ) | 1.16 | 139 | ||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.59 | (0.15 | )(d) | 3.75 | 3.60 | — | — | — | — | 16.19 | 28.59 | 12,235 | 1.53 | (1.11 | ) | 1.53 | 112 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.08 | (0.12 | ) | 4.63 | 4.51 | — | — | — | — | 12.59 | 55.82 | 11,517 | 1.52 | (1.06 | ) | 1.52 | 103 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 12.88 | (0.08 | ) | (4.72 | ) | (4.80 | ) | — | — | — | — | 8.08 | (37.27 | ) | 8,294 | 1.51 | (0.60 | ) | 1.51 | 157 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 19.96 | (0.16 | )(d) | (0.28 | ) | (0.44 | ) | — | (0.11 | ) | (6.53 | ) | (6.64 | ) | 12.88 | (7.33 | ) | 16,490 | 1.49 | (0.87 | ) | 1.50 | 126 | |||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 23.02 | (0.17 | )(d) | (1.70 | ) | (1.87 | ) | — | — | (1.19 | ) | (1.19 | ) | 19.96 | (8.06 | ) | 24,320 | 1.46 | (0.81 | ) | 1.46 | 139 | ||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.98 | (0.21 | )(d) | 3.24 | 3.03 | — | — | — | — | 14.01 | 27.60 | 9,636 | 2.23 | (1.81 | ) | 2.23 | 112 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.10 | (0.17 | ) | 4.05 | 3.88 | — | — | — | — | 10.98 | 54.65 | 8,827 | 2.22 | (1.76 | ) | 2.22 | 103 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.38 | (0.15 | ) | (4.13 | ) | (4.28 | ) | — | — | — | — | 7.10 | (37.61 | ) | 6,567 | 2.21 | (1.30 | ) | 2.21 | 157 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 18.46 | (0.27 | )(d) | (0.17 | ) | (0.44 | ) | — | (0.11 | ) | (6.53 | ) | (6.64 | ) | 11.38 | (7.98 | ) | 14,323 | 2.20 | (1.57 | ) | 2.21 | 126 | |||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 21.53 | (0.29 | )(d) | (1.59 | ) | (1.88 | ) | — | — | (1.19 | ) | (1.19 | ) | 18.46 | (8.68 | ) | 21,545 | 2.16 | (1.51 | ) | 2.16 | 139 | ||||||||||||||||||||||||||||||||||||||
Small Cap Value Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.76 | 0.10 | (d) | 2.79 | 2.89 | (0.11 | ) | — | — | (0.11 | ) | 14.54 | 24.68 | 1,002,005 | 1.21 | 0.82 | 1.21 | 72 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.57 | 0.11 | 4.20 | 4.31 | (0.12 | ) | — | — | (0.12 | ) | 11.76 | 57.15 | 612,490 | 1.21 | 1.29 | 1.21 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.17 | 0.16 | (3.44 | ) | (3.28 | ) | (0.16 | ) | — | (0.16 | ) | (0.32 | ) | 7.57 | (29.61 | ) | 316,142 | 1.21 | 1.61 | 1.22 | 71 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 17.35 | 0.18 | (1.65 | ) | (1.47 | ) | (0.17 | ) | — | (4.54 | ) | (4.71 | ) | 11.17 | (11.23 | ) | 469,424 | 1.19 | 1.20 | 1.19 | 75 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 20.93 | 0.10 | 1.25 | 1.35 | (0.11 | ) | — | (4.82 | ) | (4.93 | ) | 17.35 | 7.41 | 674,619 | 1.18 | 0.55 | 1.18 | 62 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.59 | 0.06 | (d) | 2.75 | 2.81 | (0.07 | ) | — | — | (0.07 | ) | 14.33 | 24.38 | 103,365 | 1.52 | 0.48 | 1.52 | 72 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.47 | 0.07 | 4.15 | 4.22 | (0.10 | ) | — | — | (0.10 | ) | 11.59 | 56.66 | 17,826 | 1.50 | 1.00 | 1.50 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.03 | 0.13 | (3.40 | ) | (3.27 | ) | (0.13 | ) | — | (0.16 | ) | (0.29 | ) | 7.47 | (29.83 | ) | 2,243 | 1.49 | 1.34 | 1.50 | 71 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 17.20 | 0.14 | (1.63 | ) | (1.49 | ) | (0.14 | ) | — | (4.54 | ) | (4.68 | ) | 11.03 | (11.48 | ) | 4,887 | 1.44 | 0.94 | 1.44 | 75 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 20.79 | 0.05 | 1.24 | 1.29 | (0.06 | ) | — | (4.82 | ) | (4.88 | ) | 17.20 | 7.17 | 7,629 | 1.44 | 0.28 | 1.44 | 62 | ||||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.15 | (0.02 | )(d) | 2.64 | 2.62 | (0.01 | ) | — | — | (0.01 | ) | 13.76 | 23.51 | 32,074 | 2.21 | (0.18 | ) | 2.21 | 72 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.20 | 0.02 | 3.97 | 3.99 | (0.04 | ) | — | — | (0.04 | ) | 11.15 | 55.48 | 17,601 | 2.21 | 0.30 | 2.21 | 62 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.65 | 0.09 | (3.28 | ) | (3.19 | ) | (0.10 | ) | — | (0.16 | ) | (0.26 | ) | 7.20 | (30.14 | ) | 11,091 | 1.89 | 0.94 | 1.89 | 71 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 16.76 | 0.14 | (1.57 | ) | (1.43 | ) | (0.14 | ) | — | (4.54 | ) | (4.68 | ) | 10.65 | (11.41 | ) | 22,243 | 1.44 | 0.94 | 1.45 | 75 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 20.39 | 0.05 | 1.20 | 1.25 | (0.06 | ) | — | (4.82 | ) | (4.88 | ) | 16.76 | 7.10 | 35,289 | 1.43 | 0.30 | 1.43 | 62 | ||||||||||||||||||||||||||||||||||||||||||
U.S. Equity 130/30 Fund(f)(g) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.74 | 0.05 | (d) | 1.66 | 1.71 | (0.05 | ) | — | (0.21 | ) | (0.26 | ) | 10.19 | 19.88 | 14,371 | 1.90 | 0.55 | 2.15 | 178 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.67 | 0.04 | 3.10 | 3.14 | (0.07 | ) | — | — | (0.07 | ) | 8.74 | 55.52 | 12,481 | 1.90 | 0.65 | 2.67 | 382 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 8.75 | 0.05 | (3.08 | ) | (3.03 | ) | (0.05 | ) | — | — | (0.05 | ) | 5.67 | (34.69 | ) | 3,294 | 1.93 | 0.72 | 3.92 | 312 | ||||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2008 | 10.00 | 0.01 | (1.25 | ) | (1.24 | ) | (0.01 | ) | — | — | (0.01 | ) | 8.75 | (12.39 | ) | 4,381 | 1.96 | 0.48 | 3.49 | 87 |
117
Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | of | Ratio of | Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Net | Expenses to | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Distributions | Net | Expenses | Investment | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | from | from | Total | Asset | to | Income to | Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total from | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers and | Turnover | ||||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Aggressive Growth Allocation Strategy(j) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 7.43 | $ | 0.05 | (d) | $ | 1.18 | $ | 1.23 | $ | (0.09 | ) | $ | — | $ | — | $ | (0.09 | ) | $ | 8.57 | 16.73 | % | $ | 22,524 | 0.20 | % | 0.71 | % | 0.52 | % | 19 | % | |||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.06 | 0.10 | 2.36 | 2.46 | (0.09 | ) | — | — | (0.09 | ) | 7.43 | 48.74 | 22,335 | — | 1.41 | 0.33 | 23 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.37 | 0.11 | (3.68 | ) | (3.57 | ) | (0.13 | ) | — | (i) | (1.61 | ) | (1.74 | ) | 5.06 | (35.39 | ) | 13,411 | 0.20 | 1.32 | 0.23 | 25 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 13.00 | 0.14 | (d) | (0.46 | ) | (0.32 | ) | (0.41 | ) | — | (1.90 | ) | (2.31 | ) | 10.37 | (4.59 | ) | 28,514 | 0.19 | 1.04 | 0.20 | 46 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.32 | 0.12 | (d) | 1.05 | 1.17 | (0.25 | ) | — | (0.24 | ) | (0.49 | ) | 13.00 | 9.60 | 53,098 | 0.18 | 0.94 | 0.18 | 52 | |||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 7.38 | 0.04 | (d) | 1.17 | 1.21 | (0.07 | ) | — | — | (0.07 | ) | 8.52 | 16.48 | 4,655 | 0.50 | 0.51 | 0.84 | 19 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.04 | 0.07 | 2.34 | 2.41 | (0.07 | ) | — | — | (0.07 | ) | 7.38 | 48.02 | 2,438 | — | 1.03 | 0.63 | 23 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.33 | 0.09 | (3.66 | ) | (3.57 | ) | (0.11 | ) | — | (i) | (1.61 | ) | (1.72 | ) | 5.04 | (35.50 | ) | 1,815 | 0.50 | 1.07 | 0.53 | 25 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.97 | 0.13 | (d) | (0.49 | ) | (0.36 | ) | (0.38 | ) | — | (1.90 | ) | (2.28 | ) | 10.33 | (4.88 | ) | 3,067 | 0.49 | 0.94 | 0.50 | 46 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.29 | 0.08 | (d) | 1.05 | 1.13 | (0.21 | ) | — | (0.24 | ) | (0.45 | ) | 12.97 | 9.31 | 3,040 | 0.48 | 0.63 | 0.48 | 52 | |||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 7.30 | (0.02 | )(d) | 1.16 | 1.14 | (0.05 | ) | — | — | (0.05 | ) | 8.39 | 15.70 | 1,059 | 1.20 | (0.33 | ) | 1.52 | 19 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 5.00 | 0.03 | 2.32 | 2.35 | (0.05 | ) | — | — | (0.05 | ) | 7.30 | 47.14 | 1,554 | — | 0.37 | 1.33 | 23 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.29 | 0.03 | (3.65 | ) | (3.62 | ) | (0.06 | ) | — | (i) | (1.61 | ) | (1.67 | ) | 5.00 | (36.04 | ) | 1,076 | 1.20 | 0.39 | 1.23 | 25 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.98 | 0.04 | (d) | (0.49 | ) | (0.45 | ) | (0.34 | ) | — | (1.90 | ) | (2.24 | ) | 10.29 | (5.56 | ) | 1,767 | 1.19 | 0.27 | 1.21 | 46 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.33 | — | (d) | 1.04 | 1.04 | (0.15 | ) | — | (0.24 | ) | (0.39 | ) | 12.98 | 8.54 | 1,573 | 1.18 | (0.03 | ) | 1.18 | 52 | ||||||||||||||||||||||||||||||||||||||||
Conservative Allocation Strategy(j) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.51 | 0.28 | (d) | 0.75 | 1.03 | (0.46 | ) | — | (0.01 | ) | (0.47 | ) | 12.07 | 9.15 | 12,897 | 0.20 | 2.41 | 0.66 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.81 | 0.27 | 1.72 | 1.99 | (0.28 | ) | — | (0.01 | ) | (0.29 | ) | 11.51 | 20.51 | 6,310 | 0.20 | 2.61 | 0.53 | 29 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.11 | 0.44 | (1.10 | ) | (0.66 | ) | (0.50 | ) | — | (0.14 | ) | (0.64 | ) | 9.81 | (6.06 | ) | 3,778 | 0.20 | 4.08 | 0.36 | 48 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 11.37 | 0.44 | (0.10 | ) | 0.34 | (0.44 | ) | — | (0.16 | ) | (0.60 | ) | 11.11 | 3.02 | 5,177 | 0.18 | 3.98 | 0.30 | 47 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 11.21 | 0.45 | (d) | 0.30 | 0.75 | (0.48 | ) | — | (0.11 | ) | (0.59 | ) | 11.37 | 6.91 | 3,362 | 0.20 | 4.00 | 0.32 | 43 | |||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.51 | 0.28 | (d) | 0.71 | 0.99 | (0.43 | ) | — | (0.01 | ) | (0.44 | ) | 12.06 | 8.73 | 8,371 | 0.50 | 2.35 | 0.96 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.81 | 0.23 | 1.74 | 1.97 | (0.26 | ) | — | (0.01 | ) | (0.27 | ) | 11.51 | 20.25 | 3,137 | 0.50 | 2.27 | 0.89 | 29 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.12 | 0.41 | (1.11 | ) | (0.70 | ) | (0.47 | ) | — | (0.14 | ) | (0.61 | ) | 9.81 | (6.42 | ) | 584 | 0.50 | 3.81 | 0.67 | 48 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 11.38 | 0.44 | (0.13 | ) | 0.31 | (0.41 | ) | — | (0.16 | ) | (0.57 | ) | 11.12 | 2.75 | 663 | 0.49 | 3.63 | 0.61 | 47 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 11.21 | 0.41 | (d) | 0.32 | 0.73 | (0.45 | ) | — | (0.11 | ) | (0.56 | ) | 11.38 | 6.64 | 811 | 0.50 | 3.61 | 0.62 | 43 | |||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.44 | 0.17 | (d) | 0.74 | 0.91 | (0.35 | ) | — | (0.01 | ) | (0.36 | ) | 11.99 | 8.07 | 7,305 | 1.20 | 1.47 | 1.65 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.77 | 0.16 | 1.71 | 1.87 | (0.19 | ) | — | (0.01 | ) | (0.20 | ) | 11.44 | 19.29 | 4,294 | 1.20 | 1.61 | 1.52 | 29 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.09 | 0.31 | (1.08 | ) | (0.77 | ) | (0.41 | ) | — | (0.14 | ) | (0.55 | ) | 9.77 | (7.08 | ) | 1,973 | 1.20 | 3.17 | 1.37 | 48 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 11.37 | 0.34 | (0.11 | ) | 0.23 | (0.35 | ) | — | (0.16 | ) | (0.51 | ) | 11.09 | 2.03 | 840 | 1.18 | 2.94 | 1.31 | 47 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 11.20 | 0.34 | (d) | 0.31 | 0.65 | (0.37 | ) | — | (0.11 | ) | (0.48 | ) | 11.37 | 5.91 | 792 | 1.20 | 2.99 | 1.32 | 43 |
118
Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | of | Ratio of | Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Net | Expenses to | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Distributions | Net | Expenses | Investment | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | from | from | Total | Asset | to | Income to | Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total from | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers and | Turnover | ||||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
Growth Allocation Strategy(j) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 9.52 | $ | 0.14 | (d) | $ | 1.13 | $ | 1.27 | $ | (0.23 | ) | $ | — | $ | — | $ | (0.23 | ) | $ | 10.56 | 13.58 | % | $ | 55,332 | 0.20 | % | 1.44 | % | 0.31 | % | 25 | % | |||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.02 | 0.15 | 2.50 | 2.65 | (0.15 | ) | — | — | (0.15 | ) | 9.52 | 37.92 | 54,407 | 0.19 | 1.70 | 0.24 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.31 | 0.23 | (2.99 | ) | (2.76 | ) | (0.26 | ) | — | (1.27 | ) | (1.53 | ) | 7.02 | (25.01 | ) | 40,472 | 0.20 | 2.41 | 0.21 | 28 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.89 | 0.28 | (0.44 | ) | (0.16 | ) | (0.45 | ) | — | (0.97 | ) | (1.42 | ) | 11.31 | (2.16 | ) | 69,704 | 0.17 | 2.02 | 0.17 | 50 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.43 | 0.25 | (d) | 0.82 | 1.07 | (0.35 | ) | — | (0.26 | ) | (0.61 | ) | 12.89 | 8.73 | 111,848 | 0.17 | 2.00 | 0.17 | 45 | |||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.48 | 0.13 | (d) | 1.12 | 1.25 | (0.20 | ) | — | — | (0.20 | ) | 10.53 | 13.35 | 10,934 | 0.50 | 1.35 | 0.61 | 25 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.00 | 0.13 | 2.48 | 2.61 | (0.13 | ) | — | — | (0.13 | ) | 9.48 | 37.46 | 3,638 | 0.49 | 1.39 | 0.54 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.28 | 0.20 | (2.98 | ) | (2.78 | ) | (0.23 | ) | — | (1.27 | ) | (1.50 | ) | 7.00 | (25.21 | ) | 2,776 | 0.49 | 2.07 | 0.50 | 28 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.87 | 0.20 | (0.40 | ) | (0.20 | ) | (0.42 | ) | — | (0.97 | ) | (1.39 | ) | 11.28 | (2.47 | ) | 5,031 | 0.47 | 1.62 | 0.47 | 50 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.41 | 0.21 | (d) | 0.82 | 1.03 | (0.31 | ) | — | (0.26 | ) | (0.57 | ) | 12.87 | 8.44 | 6,778 | 0.47 | 1.71 | 0.47 | 45 | |||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.38 | 0.04 | (d) | 1.12 | 1.16 | (0.13 | ) | — | — | (0.13 | ) | 10.41 | 12.50 | 3,063 | 1.20 | 0.43 | 1.31 | 25 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 6.94 | 0.07 | 2.46 | 2.53 | (0.09 | ) | — | — | (0.09 | ) | 9.38 | 36.53 | 3,234 | 1.19 | 0.69 | 1.24 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.22 | 0.14 | (2.98 | ) | (2.84 | ) | (0.17 | ) | — | (1.27 | ) | (1.44 | ) | 6.94 | (25.88 | ) | 2,844 | 1.19 | 1.37 | 1.20 | 28 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 12.83 | 0.15 | (0.44 | ) | (0.29 | ) | (0.35 | ) | — | (0.97 | ) | (1.32 | ) | 11.22 | (3.14 | ) | 5,584 | 1.17 | 1.12 | 1.17 | 50 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 12.39 | 0.13 | (d) | 0.80 | 0.93 | (0.23 | ) | — | (0.26 | ) | (0.49 | ) | 12.83 | 7.62 | 5,535 | 1.17 | 1.05 | 1.17 | 45 | |||||||||||||||||||||||||||||||||||||||||
Moderate Allocation Strategy(j) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.84 | 0.20 | (d) | 0.90 | 1.10 | (0.34 | ) | — | — | (0.34 | ) | 10.60 | 11.45 | 122,804 | 0.20 | 2.00 | 0.23 | 33 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.76 | 0.20 | 2.09 | 2.29 | (0.21 | ) | — | — | (0.21 | ) | 9.84 | 29.66 | 125,016 | 0.19 | 2.22 | 0.21 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.38 | 0.29 | (2.07 | ) | (1.78 | ) | (0.34 | ) | — | (0.50 | ) | (0.84 | ) | 7.76 | (17.47 | ) | 103,606 | 0.20 | 3.11 | 0.21 | 31 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.88 | 0.31 | (0.25 | ) | 0.06 | (0.39 | ) | — | (0.17 | ) | (0.56 | ) | 10.38 | 0.30 | 147,784 | 0.17 | 2.87 | 0.17 | 40 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.85 | 0.31 | (d) | 0.55 | 0.86 | (0.37 | ) | — | (0.46 | ) | (0.83 | ) | 10.88 | 8.02 | 193,107 | 0.16 | 2.80 | 0.16 | 49 | |||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.82 | 0.18 | (d) | 0.89 | 1.07 | (0.31 | ) | — | — | (0.31 | ) | 10.58 | 11.11 | 14,416 | 0.50 | 1.79 | 0.53 | 33 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.75 | 0.17 | 2.08 | 2.25 | (0.18 | ) | — | — | (0.18 | ) | 9.82 | 29.23 | 8,615 | 0.49 | 1.91 | 0.51 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.37 | 0.25 | (2.06 | ) | (1.81 | ) | (0.31 | ) | — | (0.50 | ) | (0.81 | ) | 7.75 | (17.72 | ) | 5,845 | 0.50 | 2.81 | 0.51 | 31 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.88 | 0.28 | (0.25 | ) | 0.03 | (0.37 | ) | — | (0.17 | ) | (0.54 | ) | 10.37 | (0.02 | ) | 8,632 | 0.47 | 2.59 | 0.48 | 40 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.84 | 0.28 | (d) | 0.55 | 0.83 | (0.33 | ) | — | (0.46 | ) | (0.79 | ) | 10.88 | 7.77 | 11,069 | 0.46 | 2.53 | 0.46 | 49 | |||||||||||||||||||||||||||||||||||||||||
C Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.77 | 0.09 | (d) | 0.90 | 0.99 | (0.24 | ) | — | — | (0.24 | ) | 10.52 | 10.29 | 15,252 | 1.20 | 0.95 | 1.23 | 33 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.72 | 0.11 | 2.07 | 2.18 | (0.13 | ) | — | — | (0.13 | ) | 9.77 | 28.31 | 15,431 | 1.19 | 1.21 | 1.21 | 21 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.34 | 0.20 | (2.07 | ) | (1.87 | ) | (0.25 | ) | — | (0.50 | ) | (0.75 | ) | 7.72 | (18.34 | ) | 12,405 | 1.20 | 2.08 | 1.20 | 31 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.86 | 0.20 | (0.25 | ) | (0.05 | ) | (0.30 | ) | — | (0.17 | ) | (0.47 | ) | 10.34 | (0.66 | ) | 20,419 | 1.17 | 1.87 | 1.17 | 40 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.82 | 0.23 | (d) | 0.52 | 0.75 | (0.25 | ) | — | (0.46 | ) | (0.71 | ) | 10.86 | 7.01 | 24,424 | 1.19 | 2.12 | 1.19 | 49 |
119
* | Formerly Large Cap Core Equity Fund. | |
(a) | Total return excludes sales charge. Not annualized for periods less than one year. | |
(b) | Annualized for periods less than one year. | |
(c) | Not annualized for periods less than one year. | |
(d) | Per share data calculated using average shares outstanding method. | |
(e) | Net Asset Value (“NAV”) varies from NAV reported to shareholders at period end as these financial statements are prepared inclusive of trade date adjustments. | |
(f) | The Ratio of Expenses to Average Net Asset and Ratio of Net Expenses to Average Net Assets include annualized dividend expense from securities sold short. Dividend expense for the fiscal periods listed below are as follows: |
2011 | 2010 | 2009 | 2008 | |||||||||||||
International Equity 130/30 Fund — I Shares | 0.97 | % | 1.46 | % | 1.31 | % | 1.74 | % | ||||||||
International Equity 130/30 Fund — A Shares | 1.06 | % | 2.02 | % | 1.31 | % | N/A | |||||||||
Real Estate 130/30 Fund — I Shares | 0.64 | % | 0.76 | % | 2.11 | % | 1.03 | % | ||||||||
Real Estate 130/30 Fund — A Shares | 0.97 | % | 0.77 | % | N/A | N/A | ||||||||||
U.S. Equity 130/30 Fund — I Shares | 0.62 | % | 0.60 | % | 0.70 | % | 0.66 | % |
(g) | The following table details the commencement of operations of certain classes of each respective fund. |
Fund | Class | Commencement Date | ||
International Equity 130/30 Fund | I Shares | December 26, 2007 | ||
International Equity 130/30 Fund | A Shares | July 2, 2008 | ||
Real Estate 130/30 Fund | I Shares | December 26, 2007 | ||
Real Estate 130/30 Fund | A Shares | May 21, 2009 | ||
U.S. Equity 130/30 Fund | I Shares | December 26, 2007 |
(h) | Ratio reflects the impact of the initial low level of average net assets associated with commencement of operations. | |
(i) | Rounds to less than $0.01 per share. | |
(j) | The Fund and its shareholders indirectly bear a pro rata share of the fees and expenses incurred by the underlying funds in which the Fund is invested. The expense ratios do not include such expense. | |
(k) | Amended from prior Financial Highlights that included a $(0.05) tax return of capital in the “Dividends from Net Investment Income” column, and was footnoted, as such, in the Notes to Financial Highlights. It was subsequently determined that there was not a return of capital and that the $(0.05) distribution was from realized capital gains and, therefore, the Distributions from Realized Capital Gains has been revised to $(2.27) per share from $(2.22) per share. |
120
1. | Organization |
Number of | Number of | Dollar Amount | ||||||||||
Fund | B Shares Converted | A Shares Issued | of Conversion($) | |||||||||
Aggressive Growth Allocation Strategy | 311,668 | 304,663 | 2,057,603 | |||||||||
Conservative Allocation Strategy | 166,115 | 165,980 | 1,883,045 | |||||||||
Growth Allocation Strategy | 876,589 | 873,823 | 7,808,741 | |||||||||
Moderate Allocation Strategy | 555,122 | 552,349 | 5,218,704 |
2. | Significant Accounting Policies |
121
122
• | Level 1 — quoted prices in active markets for identical assets | |
• | 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 each Fund’s own assumptions in determining the fair value of investments) |
Level 2 – | Level 3 – | |||||||||||||||
Other Significant | Significant | |||||||||||||||
Level 1 – | Observable | Unobservable | ||||||||||||||
Fund | Quoted Prices($) | Inputs($) | Inputs($) | Total($) | ||||||||||||
Aggressive Growth Stock Fund | ||||||||||||||||
Common Stocks1 | 137,350 | — | — | 137,350 | ||||||||||||
Money Market Fund | 46 | — | — | 46 | ||||||||||||
Total Investments | 137,396 | — | — | 137,396 | ||||||||||||
Emerging Growth Stock Fund | ||||||||||||||||
Common Stocks1 | 24,998 | — | — | 24,998 | ||||||||||||
Short-Term Investment | — | 152 | — | 152 | ||||||||||||
Money Market Fund | 651 | — | — | 651 | ||||||||||||
Total Investments | 25,649 | 152 | — | 25,801 | ||||||||||||
International Equity 130/30 Fund | ||||||||||||||||
Foreign Common Stocks1 | 137,931 | — | — | 137,931 | ||||||||||||
Money Market Fund | 403 | — | — | 403 | ||||||||||||
Total Investments | 138,334 | — | — | 138,334 | ||||||||||||
International Equity Fund | ||||||||||||||||
Foreign Common Stocks1 | 256,136 | — | — | 256,136 | ||||||||||||
Foreign Preferred Stocks1 | 3,460 | — | — | 3,460 | ||||||||||||
Short-Term Investment | — | 4,462 | — | 4,462 | ||||||||||||
Total Investments | 259,596 | 4,462 | — | 264,058 | ||||||||||||
123
Level 2 – | Level 3 – | |||||||||||||||
Other Significant | Significant | |||||||||||||||
Level 1 – | Observable | Unobservable | ||||||||||||||
Fund | Quoted Prices($) | Inputs($) | Inputs($) | Total($) | ||||||||||||
International Equity Index Fund | ||||||||||||||||
Foreign Common Stocks1 | 469,679 | 3,448 | 0 | 2 | 473,127 | |||||||||||
Foreign Preferred Stocks1 | 5,192 | — | — | 5,192 | ||||||||||||
Rights — Foreign1 | 74 | — | — | 74 | ||||||||||||
Warrants — Foreign1 | 1 | — | — | 1 | ||||||||||||
Exchange Traded Funds | 2,500 | — | — | 2,500 | ||||||||||||
Units | 3 | — | — | 3 | ||||||||||||
Short-Term Investment | — | 16,118 | — | 16,118 | ||||||||||||
Total Investments | 477,449 | 19,566 | 0 | 497,015 | ||||||||||||
Large Cap Core Growth Stock Fund* | ||||||||||||||||
Common Stocks1 | 379,749 | — | — | 379,749 | ||||||||||||
Money Market Fund | 11,837 | — | — | 11,837 | ||||||||||||
Total Investments | 391,586 | — | — | 391,586 | ||||||||||||
Large Cap Growth Stock Fund | ||||||||||||||||
Common Stocks1 | 468,641 | — | — | 468,641 | ||||||||||||
Money Market Fund | 1,775 | — | — | 1,775 | ||||||||||||
Total Investments | 470,416 | — | — | 470,416 | ||||||||||||
Large Cap Quantitative Equity Fund | ||||||||||||||||
Common Stocks1 | 17,424 | — | — | 17,424 | ||||||||||||
Money Market Fund | 138 | — | — | 138 | ||||||||||||
Total Investments | 17,562 | — | — | 17,562 | ||||||||||||
Large Cap Value Equity Fund | ||||||||||||||||
Common Stocks1 | 1,423,350 | — | — | 1,423,350 | ||||||||||||
Short-Term Investment | — | 11,534 | — | 11,534 | ||||||||||||
Money Market Fund | 19,726 | — | — | 19,726 | ||||||||||||
Total Investments | 1,443,076 | 11,534 | — | 1,454,610 | ||||||||||||
Mid-Cap Core Equity Fund | ||||||||||||||||
Common Stocks1 | 27,427 | — | — | 27,427 | ||||||||||||
Short-Term Investment | — | 466 | — | 466 | ||||||||||||
Money Market Fund | 1,820 | — | — | 1,820 | ||||||||||||
Total Investments | 29,247 | 466 | — | 29,713 | ||||||||||||
Mid-Cap Value Equity Fund | ||||||||||||||||
Common Stocks1 | 1,909,001 | — | — | 1,909,001 | ||||||||||||
Short-Term Investment | — | 83,701 | — | 83,701 | ||||||||||||
Money Market Fund | 95,687 | — | — | 95,687 | ||||||||||||
Total Investments | 2,004,688 | 83,701 | — | 2,088,389 | ||||||||||||
Real Estate 130/30 Fund | ||||||||||||||||
Common Stocks1 | 14,419 | — | — | 14,419 | ||||||||||||
Money Market Fund | 101 | — | — | 101 | ||||||||||||
Total Investments | 14,520 | — | — | 14,520 | ||||||||||||
Select Large Cap Growth Stock Fund | ||||||||||||||||
Common Stocks1 | 98,687 | — | — | 98,687 | ||||||||||||
Money Market Fund | 1,469 | — | — | 1,469 | ||||||||||||
Total Investments | 100,156 | — | — | 100,156 | ||||||||||||
124
Level 2 – | Level 3 – | |||||||||||||||
Other Significant | Significant | |||||||||||||||
Level 1 – | Observable | Unobservable | ||||||||||||||
Fund | Quoted Prices($) | Inputs($) | Inputs($) | Total($) | ||||||||||||
Small Cap Growth Stock Fund | ||||||||||||||||
Common Stocks1 | 426,716 | — | — | 426,716 | ||||||||||||
Short-Term Investment | — | 52,689 | — | 52,689 | ||||||||||||
Money Market Fund | 2,168 | — | — | 2,168 | ||||||||||||
Total Investments | 428,884 | 52,689 | — | 481,573 | ||||||||||||
Small Cap Value Equity Fund | ||||||||||||||||
Common Stocks1 | 1,067,568 | — | — | 1,067,568 | ||||||||||||
Money Market Fund | 58,410 | — | — | 58,410 | ||||||||||||
Total Investments | 1,125,978 | — | — | 1,125,978 | ||||||||||||
U.S. Equity 130/30 Fund | ||||||||||||||||
Common Stocks1 | 18,623 | — | — | 18,623 | ||||||||||||
Money Market Fund | 67 | — | — | 67 | ||||||||||||
Total Investments | 18,690 | — | — | 18,690 | ||||||||||||
Aggressive Growth Allocation Strategy | ||||||||||||||||
Equity Funds | 24,213 | — | — | 24,213 | ||||||||||||
Exchange Traded Funds | 3,401 | — | — | 3,401 | ||||||||||||
Money Market Fund | 620 | — | — | 620 | ||||||||||||
Total Investments | 28,234 | — | — | 28,234 | ||||||||||||
Conservative Allocation Strategy | ||||||||||||||||
Equity Funds | 8,212 | — | — | 8,212 | ||||||||||||
Fixed Income Funds | 17,403 | — | — | 17,403 | ||||||||||||
Exchange Traded Funds | 1,878 | — | — | 1,878 | ||||||||||||
Money Market Fund | 979 | — | — | 979 | ||||||||||||
Total Investments | 28,472 | — | — | 28,472 | ||||||||||||
Growth Allocation Strategy | ||||||||||||||||
Equity Funds | 45,893 | — | — | 45,893 | ||||||||||||
Fixed Income Funds | 16,137 | — | — | 16,137 | ||||||||||||
Exchange Traded Funds | 6,007 | — | — | 6,007 | ||||||||||||
Money Market Fund | 1,284 | — | — | 1,284 | ||||||||||||
Total Investments | 69,321 | — | — | 69,321 | ||||||||||||
Moderate Allocation Strategy | ||||||||||||||||
Equity Funds | 73,638 | — | — | 73,638 | ||||||||||||
Fixed Income Funds | 64,804 | — | — | 64,804 | ||||||||||||
Exchange Traded Funds | 11,017 | — | — | 11,017 | ||||||||||||
Money Market Fund | 3,051 | — | — | 3,051 | ||||||||||||
Total Investments | 152,510 | — | — | 152,510 | ||||||||||||
Level 2 – | Level 3 – | |||||||||||||||
Other Significant | Significant | |||||||||||||||
Level 1 – | Observable | Unobservable | ||||||||||||||
Quoted Prices($) | Inputs($) | Inputs($) | Total($) | |||||||||||||
International Equity 130/30 Fund | ||||||||||||||||
Foreign Common Stocks Sold Short1 | (32,116 | ) | — | — | (32,116 | ) | ||||||||||
Real Estate 130/30 Fund | ||||||||||||||||
Common Stocks Sold Short1 | (2,023 | ) | — | — | (2,023 | ) | ||||||||||
U.S. Equity 130/30 Fund | ||||||||||||||||
Common Stocks Sold Short1 | (4,391 | ) | — | — | (4,391 | ) |
1 | Please see the Schedule of Portfolio Investments for Sector or Country Classification. | |
* | Formerly Large Cap Core Equity Fund. |
125
2 | As of March 31, 2011 the securities designated as Level 3 were fair valued using significant unobservable inputs under procedures adopted by the Board. Such valuations were based on a review of inputs such as, but not limited to, similar securities, company specific financial information, and company specific news. Each of these securities are new Board fair valued securities for the year ended March 31, 2011. The Level 3 securities comprised 0.0% of net assets of each Fund. As such, the Level 3 roll forward and change in unrealized appreciation/depreciation of Level 3 securities held at year end have not been presented. |
126
Statements of Operations | ||||||||||||
Statements of Operations | Change in Unrealized | |||||||||||
Location of Gain (Loss) | Net Realized Gain (Loss) | Appreciation/Depreciation | ||||||||||
on Derivatives | on Derivatives | on Derivatives Recognized | ||||||||||
Primary Risk Exposure | Recognized in Income | Fund | Recognized in Income($) | in Income($) | ||||||||
Currency Exchange | ||||||||||||
Rate Exposure: | ||||||||||||
Forward Foreign Currency Contracts — | Net Realized Gain (Loss) from Forward Foreign | International Equity 130/30 Fund | 17 | 1 | ||||||||
Currency Contracts, | International Equity Fund | (38 | ) | — | ||||||||
Change in Unrealized | ||||||||||||
Appreciation/Depreciation on Forward Foreign Currency Contracts | International Equity Index Fund | 300 | — |
Shares or | Value | |||||||
Principal Amount($) | (000’s)($) | |||||||
JPMorgan U.S. Government Money Market Fund, Capital Shares, 0.03% | 75,007,467 | 75,007 | ||||||
Merrill Lynch Tri-Party Repurchase Agreement, 0.070%, dated 03/31/11 to be repurchased on 04/01/11, repurchase price $25,000,000 (collateralized by Federal Home Loan Bank; 0.625% due 11/15/12; total market value $25,510,204) | 25,000,000 | 25,000 | ||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.04% | 208,282,923 | 208,283 | ||||||
Total Investments (Cost $308,290) | 308,290 | |||||||
Amount due to Lending Agent | (24 | ) | ||||||
Net Investment Value | $ | 308,266 | ||||||
127
Fund | Fee($) | |||
Aggressive Growth Stock Fund | — | |||
Emerging Growth Stock Fund | 1 | |||
International Equity Fund | 28 | |||
International Equity Index Fund | 164 | |||
Large Cap Core Growth Stock Fund* | — | |||
Large Cap Growth Stock Fund | — | |||
Large Cap Value Equity Fund | 2 | |||
Mid-Cap Core Equity Fund | — | |||
Mid-Cap Value Equity Fund | 11 | |||
Select Large Cap Growth Stock Fund | — | |||
Small Cap Growth Stock Fund | 18 | |||
Small Cap Value Equity Fund | 41 |
* | Formerly Large Cap Core Equity Fund. |
128
3. | Agreements and Other Service Providers |
129
Maximum | Discounted | Net | ||||||||||||||
Annual | Annual | Advisory Fees | Annual | |||||||||||||
Advisory | Advisory | Waived/Expenses | Fees | |||||||||||||
Fund | Fee*(%) | Fee*(%) | Reimbursed*(%) | Paid*(%) | ||||||||||||
Aggressive Growth Stock Fund | 1.10 | 1.10 | — | 1.10 | ||||||||||||
Emerging Growth Stock Fund | 1.10 | 1.10 | (0.21 | ) | 0.89 | |||||||||||
International Equity 130/30 Fund | 1.25 | 1.25 | (0.03 | ) | 1.24 | |||||||||||
International Equity Fund | 1.15 | 1.15 | — | 1.15 | ||||||||||||
International Equity Index Fund | 0.50 | 0.49 | — | 0.49 | ||||||||||||
Large Cap Core Growth Stock Fund** | 0.85 | 0.85 | — | 0.85 | ||||||||||||
Large Cap Growth Stock Fund | 0.97 | 0.97 | (0.02 | ) | 0.95 | |||||||||||
Large Cap Quantitative Equity Fund | 0.85 | 0.85 | (0.24 | ) | 0.62 | |||||||||||
Large Cap Value Equity Fund | 0.80 | 0.77 | — | 0.77 | ||||||||||||
Mid-Cap Core Equity Fund | 1.00 | 1.00 | (0.01 | ) | 0.99 | |||||||||||
Mid-Cap Value Equity Fund | 1.00 | 0.96 | — | 0.96 | ||||||||||||
Real Estate 130/30 Fund | 1.25 | 1.25 | (0.16 | ) | 1.09 | |||||||||||
Select Large Cap Growth Stock Fund | 0.85 | 0.85 | (0.01 | ) | 0.84 | |||||||||||
Small Cap Growth Stock Fund | 1.15 | 1.15 | — | 1.15 | ||||||||||||
Small Cap Value Equity Fund | 1.15 | 1.13 | — | 1.13 | ||||||||||||
U.S. Equity 130/30 Fund | 1.10 | 1.10 | (0.26 | ) | 0.85 | |||||||||||
Aggressive Growth Allocation Strategy | 0.10 | 0.10 | (0.32 | ) | — | |||||||||||
Conservative Allocation Strategy | 0.10 | 0.10 | (0.46 | ) | — | |||||||||||
Growth Allocation Strategy | 0.10 | 0.10 | (0.11 | ) | — | |||||||||||
Moderate Allocation Strategy | 0.10 | 0.10 | (0.03 | ) | 0.07 |
* | Aggregate annual fees paid to the Investment Adviser, who pays the applicable Subadviser a portion of the fees for its services to the Funds. |
** | Formerly Large Cap Core Equity Fund. |
130
Total Annual | ||||||
Operating | ||||||
Fund | Expenses(%) | |||||
Emerging Growth Stock Fund* | I Shares | 1.24 | ||||
Emerging Growth Stock Fund* | A Shares | 1.54 | ||||
International Equity 130/30 Fund | I Shares | 1.55 | ||||
International Equity 130/30 Fund | A Shares | 1.85 | ||||
Real Estate 130/30 Fund | I Shares | 1.45 | ||||
Real Estate 130/30 Fund | A Shares | 1.75 | ||||
U.S. Equity 130/30 Fund | I Shares | 1.30 | ||||
Large Cap Quantitative Equity Fund* | I Shares | 0.97 | ||||
Large Cap Quantitative Equity Fund* | A Shares | 1.22 | ||||
Aggressive Growth Allocation Strategy | I Shares | 0.20 | ||||
Aggressive Growth Allocation Strategy | A Shares | 0.50 | ||||
Aggressive Growth Allocation Strategy | C Shares | 1.20 | ||||
Conservative Allocation Strategy | I Shares | 0.20 | ||||
Conservative Allocation Strategy | A Shares | 0.50 | ||||
Conservative Allocation Strategy | C Shares | 1.20 | ||||
Growth Allocation Strategy | I Shares | 0.20 | ||||
Growth Allocation Strategy | A Shares | 0.50 | ||||
Growth Allocation Strategy | C Shares | 1.20 | ||||
Moderate Allocation Strategy | I Shares | 0.20 | ||||
Moderate Allocation Strategy | A Shares | 0.50 | ||||
Moderate Allocation Strategy | C Shares | 1.20 |
* | Contractual Expense Caps for the Emerging Growth Stock Fund and the Large Cap Quantitative Equity Fund became effective August 1, 2010. |
131
Expires | ||||||||||||
Fund | 2012($) | 2013($) | 2014($) | |||||||||
Emerging Growth Stock Fund | — | — | 19 | |||||||||
International Equity 130/30 Fund | — | — | 9 | |||||||||
Large Cap Quantitative Equity Fund | — | — | 29 | |||||||||
Real Estate 130/30 Fund | 60 | 52 | 23 | |||||||||
U.S. Equity 130/30 Fund | 72 | 53 | 33 | |||||||||
Aggressive Growth Allocation Strategy | 1 | 28 | 89 | |||||||||
Conservative Allocation Strategy | 12 | 39 | 94 | |||||||||
Growth Allocation Strategy | 4 | 21 | 74 | |||||||||
Moderate Allocation Strategy | — | 3 | 43 |
132
Board | Board | |||||||
Approved | Approved | |||||||
and Charged | and Charged | |||||||
A Share | C Share | |||||||
Distribution | Distribution | |||||||
and Service | and Service | |||||||
Fund | Fee(%) | Fee(%) | ||||||
Aggressive Growth Stock Fund | 0.30 | N/A | ||||||
Emerging Growth Stock Fund | 0.30 | N/A | ||||||
International Equity 130/30 Fund | 0.30 | N/A | ||||||
International Equity Fund | 0.30 | N/A | ||||||
International Equity Index Fund | 0.30 | N/A | ||||||
Large Cap Core Growth Stock Fund* | 0.25 | 1.00 | ||||||
Large Cap Growth Stock Fund | 0.30 | 1.00 | ||||||
Large Cap Quantitative Equity Fund | 0.25 | N/A | ||||||
Large Cap Value Equity Fund | 0.30 | 1.00 | ||||||
Mid-Cap Core Equity Fund | 0.30 | 1.00 | ||||||
Mid-Cap Value Equity Fund | 0.30 | 1.00 | ||||||
Real Estate 130/30 Fund | 0.30 | N/A | ||||||
Select Large Cap Growth Stock Fund | 0.30 | 1.00 | ||||||
Small Cap Growth Stock Fund | 0.30 | 1.00 | ||||||
Small Cap Value Equity Fund | 0.30 | 1.00 | ||||||
U.S. Equity 130/30 Fund | 0.30 | N/A | ||||||
Aggressive Growth Allocation Strategy | 0.30 | 1.00 | ||||||
Conservative Allocation Strategy | 0.30 | 1.00 | ||||||
Growth Allocation Strategy | 0.30 | 1.00 | ||||||
Moderate Allocation Strategy | 0.30 | 1.00 |
* | Formerly Large Cap Core Equity Fund. |
133
Chairman($) | Trustee($) | |||||||
Annual Retainer | 105,000 | 84,000 | ||||||
Regular Meeting Fee | 7,875 | 6,300 | ||||||
Special Meeting Fee | 4,594 | 3,675 | ||||||
Committee Meeting Fee | 4,725 | 3,150 |
134
4. | Investment Transactions |
Sales and | ||||||||
Fund | Purchases($) | Maturities($) | ||||||
Aggressive Growth Stock Fund | 60,187 | 63,043 | ||||||
Emerging Growth Stock Fund | 23,907 | 25,956 | ||||||
International Equity 130/30 Fund | 731,635 | 769,870 | ||||||
International Equity Fund | 208,026 | 253,120 | ||||||
International Equity Index Fund | 285,750 | 689,884 | ||||||
Large Cap Core Growth Stock Fund* | 567,674 | 679,484 | ||||||
Large Cap Growth Stock Fund | 138,196 | 257,208 | ||||||
Large Cap Quantitative Equity Fund | 73,508 | 79,415 | ||||||
Large Cap Value Equity Fund | 1,635,463 | 1,700,065 | ||||||
Mid-Cap Core Equity Fund | 34,141 | 111,167 | ||||||
Mid-Cap Value Equity Fund | 2,888,424 | 2,085,085 | ||||||
Real Estate 130/30 Fund | 37,864 | 39,994 | ||||||
Select Large Cap Growth Stock Fund | 73,800 | 118,370 | ||||||
Small Cap Growth Stock Fund | 409,403 | 458,506 | ||||||
Small Cap Value Equity Fund | 823,746 | 575,098 | ||||||
U.S. Equity 130/30 Fund | 29,949 | 30,933 | ||||||
Aggressive Growth Allocation Strategy | 5,105 | 8,511 | ||||||
Conservative Allocation Strategy | 17,114 | 5,475 | ||||||
Growth Allocation Strategy | 16,570 | 21,844 | ||||||
Moderate Allocation Strategy | 48,807 | 59,002 |
* | Formerly Large Cap Core Equity Fund. |
135
5. | Income Tax Information |
Tax Unrealized | Tax Unrealized | Net Unrealized | ||||||||||||||
Fund | Tax Cost($) | Appreciation($) | (Depreciation)($) | Appreciation($) | ||||||||||||
Aggressive Growth Stock Fund | 81,123 | 56,523 | (250 | ) | 56,273 | |||||||||||
Emerging Growth Stock Fund | 18,374 | 7,612 | (185 | ) | 7,427 | |||||||||||
International Equity 130/30 Fund | 101,390 | 10,229 | (5,401 | ) | 4,828 | |||||||||||
International Equity Fund | 224,406 | 43,256 | (3,604 | ) | 39,652 | |||||||||||
International Equity Index Fund | 319,342 | 183,325 | (5,653 | ) | 177,672 | |||||||||||
Large Cap Core Growth Stock Fund* | 341,154 | 53,295 | (2,863 | ) | 50,432 | |||||||||||
Large Cap Growth Stock Fund | 297,816 | 174,352 | (1,752 | ) | 172,600 | |||||||||||
Large Cap Quantitative Equity Fund | 16,556 | 1,123 | (117 | ) | 1,006 | |||||||||||
Large Cap Value Equity Fund | 1,263,879 | 197,887 | (7,156 | ) | 190,731 | |||||||||||
Mid-Cap Core Equity Fund | 21,147 | 8,596 | (30 | ) | 8,566 | |||||||||||
Mid-Cap Value Equity Fund | 1,932,075 | 172,086 | (15,772 | ) | 156,314 | |||||||||||
Real Estate 130/30 Fund | 9,936 | 2,685 | (124 | ) | 2,561 | |||||||||||
Select Large Cap Growth Stock Fund | 70,975 | 29,544 | (363 | ) | 29,181 | |||||||||||
Small Cap Growth Stock Fund | 360,036 | 127,932 | (6,395 | ) | 121,537 | |||||||||||
Small Cap Value Equity Fund | 931,803 | 201,315 | (7,140 | ) | 194,175 | |||||||||||
U.S. Equity 130/30 Fund | 12,175 | 2,979 | (855 | ) | 2,124 | |||||||||||
Aggressive Growth Allocation Strategy | 23,712 | 4,522 | — | 4,522 | ||||||||||||
Conservative Allocation Strategy | 26,921 | 1,795 | (244 | ) | 1,551 | |||||||||||
Growth Allocation Strategy | 58,708 | 10,836 | (223 | ) | 10,613 | |||||||||||
Moderate Allocation Strategy | 134,591 | 18,842 | (923 | ) | 17,919 |
* | Formerly Large Cap Core Equity Fund. |
136
Distributions paid from | ||||||||||||||||||
Net | Net Long | Total | ||||||||||||||||
Investment | Term Capital | Return of | Distributions | |||||||||||||||
Fund | Income($)** | Gains($)*** | Capital($) | Paid($)* | ||||||||||||||
International Equity 130/30 Fund | 852 | — | — | 852 | ||||||||||||||
International Equity Fund | 6,700 | — | — | 6,700 | ||||||||||||||
International Equity Index Fund | 16,561 | — | — | 16,561 | ||||||||||||||
Large Cap Core Growth Stock Fund1 | 4,955 | — | — | 4,955 | ||||||||||||||
Large Cap Growth Stock Fund | 154 | — | — | 154 | ||||||||||||||
Large Cap Quantitative Equity Fund | 168 | — | — | 168 | ||||||||||||||
Large Cap Value Equity Fund | 18,247 | — | — | 18,247 | ||||||||||||||
Mid-Cap Core Equity Fund | 128 | — | — | 128 | ||||||||||||||
Mid-Cap Value Equity Fund | 90,480 | 11,079 | — | 101,559 | ||||||||||||||
Real Estate 130/30 Fund | 1,650 | 425 | — | 2,075 | ||||||||||||||
Small Cap Value Equity Fund | 6,548 | 105 | — | 6,653 | ||||||||||||||
U.S. Equity 130/30 Fund | 386 | — | — | 386 | ||||||||||||||
Aggressive Growth Allocation Strategy | 315 | — | — | 315 | ||||||||||||||
Conservative Allocation Strategy | 745 | 40 | — | 785 | ||||||||||||||
Growth Allocation Strategy | 1,535 | — | — | 1,535 | ||||||||||||||
Moderate Allocation Strategy | 4,943 | — | — | 4,943 |
* | Total distributions paid are recognized on a when declared basis for the year ended March 31, 2011. |
** | Net investment income includes taxable market discount income and net short-term capital gains, if any. |
*** | The Funds designate as a long-term capital gain dividend, pursuant to the Internal Revenue Code Section 852(b)(3), the amount necessary to reduce earning and profits of the Funds related to net capital gain to zero for the tax year ended March 31, 2011. |
1 | Formerly Large Cap Core Equity Fund. |
137
Distributions paid from | ||||||||||||||||||
Net | Net Long | Total | ||||||||||||||||
Investment | Term Capital | Return of | Distributions | |||||||||||||||
Fund | Income($) | Gains($) | Capital($) | Paid($)* | ||||||||||||||
International Equity 130/30 Fund | 1,935 | — | — | 1,935 | ||||||||||||||
International Equity Fund | 1,609 | — | — | 1,609 | ||||||||||||||
International Equity Index Fund | 27,429 | — | — | 27,429 | ||||||||||||||
Large Cap Core Growth Stock Fund1 | 4,844 | — | — | 4,844 | ||||||||||||||
Large Cap Growth Stock Fund | 807 | — | — | 807 | ||||||||||||||
Large Cap Quantitative Equity Fund | 472 | — | — | 472 | ||||||||||||||
Large Cap Value Equity Fund | 21,138 | — | — | 21,138 | ||||||||||||||
Mid-Cap Core Equity Fund | 538 | — | — | 538 | ||||||||||||||
Mid-Cap Value Equity Fund | 7,088 | — | — | 7,088 | ||||||||||||||
Real Estate 130/30 Fund | 272 | — | — | 272 | ||||||||||||||
Select Large Cap Growth Stock Fund | 100 | — | 3 | 103 | ||||||||||||||
Small Cap Value Equity Fund | 6,223 | — | — | 6,223 | ||||||||||||||
U.S. Equity 130/30 Fund | 70 | — | — | 70 | ||||||||||||||
Aggressive Growth Allocation Strategy | 307 | — | — | 307 | ||||||||||||||
Conservative Allocation Strategy | 292 | 2 | — | 294 | ||||||||||||||
Growth Allocation Strategy | 1,028 | — | — | 1,028 | ||||||||||||||
Moderate Allocation Strategy | 3,142 | — | — | 3,142 |
* | Total distributions paid may differ from the Statements of Changes in Net Assets because for tax purposes, dividends are recognized when actually paid. |
Total | ||||||||||||||||||||||||
Undistributed | Undistributed | Accumulated | Unrealized | Accumulated | ||||||||||||||||||||
Ordinary | Long Term | Accumulated | Capital and | Appreciation/ | Earnings | |||||||||||||||||||
Fund | Income($) | Capital Gains($) | Earnings($) | Other Losses($)** | (Depreciation)($)*** | (Deficit)($) | ||||||||||||||||||
Aggressive Growth Stock Fund | — | — | — | (34,192 | ) | 56,273 | 22,081 | |||||||||||||||||
Emerging Growth Stock Fund | — | — | — | (20,295 | ) | 7,427 | (12,868 | ) | ||||||||||||||||
International Equity 130/30 Fund | 73 | — | 73 | (17,272 | ) | 4,835 | (12,364 | ) | ||||||||||||||||
International Equity Fund | 788 | — | 788 | (295,789 | ) | 39,698 | (255,303 | ) | ||||||||||||||||
International Equity Index Fund | 4,493 | — | 4,493 | (26,024 | ) | 177,718 | 156,187 | |||||||||||||||||
Large Cap Core Growth Stock Fund1 | — | — | — | (179,010 | ) | 50,432 | (128,578 | ) | ||||||||||||||||
Large Cap Growth Stock Fund | — | — | — | (16,802 | ) | 172,600 | 155,798 | |||||||||||||||||
Large Cap Quantitative Equity Fund | 23 | — | 23 | (30,800 | ) | 1,006 | (29,771 | ) | ||||||||||||||||
Large Cap Value Equity Fund | 287 | — | 287 | (72,835 | ) | 190,731 | 118,183 | |||||||||||||||||
Mid-Cap Core Equity Fund | — | — | — | (911 | ) | 8,566 | 7,655 | |||||||||||||||||
Mid-Cap Value Equity Fund | 147,053 | 25,658 | 172,711 | — | 156,314 | 329,025 | ||||||||||||||||||
Real Estate 130/30 Fund | 557 | 374 | 931 | (912 | ) | 2,561 | 2,580 | |||||||||||||||||
Select Large Cap Growth Stock Fund | — | — | — | (10,130 | ) | 29,181 | 19,051 | |||||||||||||||||
Small Cap Growth Stock Fund | — | — | — | (42,721 | ) | 121,537 | 78,816 | |||||||||||||||||
Small Cap Value Equity Fund | — | 18,528 | 18,528 | — | 194,175 | 212,703 | ||||||||||||||||||
U.S. Equity 130/30 Fund | 716 | 138 | 854 | — | 2,124 | 2,978 | ||||||||||||||||||
Aggressive Growth Allocation Strategy | 19 | — | 19 | (1,018 | ) | 4,522 | 3,523 | |||||||||||||||||
Conservative Allocation Strategy | — | 167 | 167 | — | 1,551 | 1,718 | ||||||||||||||||||
Growth Allocation Strategy | — | ——— | — | (2,884 | ) | 10,613 | 7,729 | |||||||||||||||||
Moderate Allocation Strategy | — | — | — | (2,713 | ) | 17,919 | 15,206 |
** | As of March 31, 2011, the Fund had capital loss carryforwards and Post October Losses subject to certain limitations on availability to offset future capital gains, if any, as the result of a change of control, as defined in the Internal Revenue Code. |
*** | The differences between book-basis and tax-basis unrealized appreciation/(depreciation) is attributable primarily to: tax deferral of losses on wash sales, the difference between book and tax amortization methods for premium and market discount, the realization for tax purposes of unrealized gains/losses on investments in passive foreign investment companies, and the return of capital adjustments from real estate investment trusts. |
1 | Formerly Large Cap Core Equity Fund. |
138
Expires | ||||||||
Fund | 2017($) | 2018($) | ||||||
Aggressive Growth Stock Fund | 292 | 33,900 | ||||||
Emerging Growth Stock Fund | — | 20,295 | ||||||
International Equity 130/30 Fund | 12,563 | 4,710 | ||||||
International Equity Fund | 64,442 | 231,347 | ||||||
International Equity Index Fund | — | 26,024 | ||||||
Large Cap Core Growth Stock Fund* | 43,673 | 135,337 | ||||||
Large Cap Growth Stock Fund | 8,818 | 7,984 | ||||||
Large Cap Quantitative Equity Fund | 15,619 | 15,181 | ||||||
Large Cap Value Equity Fund | — | 72,835 | ||||||
Mid-Cap Core Equity Fund | — | 911 | ||||||
Real Estate 130/30 Fund | 130 | 782 | ||||||
Select Large Cap Growth Stock Fund | — | 10,130 | ||||||
Small Cap Growth Stock Fund | — | 42,721 | ||||||
Aggressive Growth Allocation Strategy | — | 1,018 | ||||||
Growth Allocation Strategy | — | 2,884 | ||||||
Moderate Allocation Strategy | — | 2,713 |
* | Formerly Large Cap Core Equity Fund. |
Fund | Amount($) | |||
Aggressive Growth Stock Fund | 15,400 | |||
Emerging Growth Stock Fund | 6,792 | |||
International Equity 130/30 Fund | 7,282 | |||
International Equity Fund | 25,202 | |||
International Equity Index Fund | 69,396 | |||
Large Cap Core Growth Stock Fund* | 83,291 | |||
Large Cap Growth Stock Fund | 35,435 | |||
Large Cap Quantitative Equity Fund | 3,374 | |||
Large Cap Value Equity Fund | 214,168 | |||
Mid-Cap Core Equity Fund | 19,780 | |||
Real Estate 130/30 Fund | 159 | |||
Select Large Cap Growth Stock Fund | 14,896 | |||
Small Cap Growth Stock Fund | 70,669 | |||
Small Cap Value Equity Fund | 58,651 | |||
Aggressive Growth Allocation Strategy | 24 | |||
Growth Allocation Strategy | 699 | |||
Moderate Allocation Strategy | 1,781 |
* | Formerly Large Cap Core Equity Fund. |
139
Share | Share | |||||||||||||||||||||||
Balance at | Balance at | Dividend | Net Realized | |||||||||||||||||||||
Name of | March 31, | March 31, | Income | Gain (Loss) | ||||||||||||||||||||
Affiliated Issuer | 2010 | Purchases | Sales | 2011 | (in thousands) | (in thousands) | ||||||||||||||||||
Aggressive Growth Stock Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 1,417,852 | 15,273,762 | 16,691,614 | — | $ | — | $ | — | ||||||||||||||||
Total | $ | — | $ | — | ||||||||||||||||||||
Emerging Growth Stock Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | — | 5,166,623 | 5,166,623 | — | $ | — | $ | — | ||||||||||||||||
Total | $ | — | $ | — | ||||||||||||||||||||
International Equity 130/30 Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | — | 13,704,124 | 13,704,124 | — | $ | — | $ | — | ||||||||||||||||
Total | $ | — | $ | — | ||||||||||||||||||||
International Equity Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | — | 20,782,099 | 20,782,099 | — | $ | 1 | $ | — | ||||||||||||||||
Total | $ | 1 | $ | — | ||||||||||||||||||||
International Equity Index Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | — | 1,990,113 | 1,990,113 | — | $ | — | $ | — | ||||||||||||||||
Total | $ | — | $ | — | ||||||||||||||||||||
Large Cap Core Growth Stock Fund* | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 11,939,024 | 143,283,322 | 155,222,346 | — | $ | 7 | $ | — | ||||||||||||||||
Total | $ | 7 | $ | — | ||||||||||||||||||||
Large Cap Growth Stock Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 2,117,057 | 45,881,851 | 47,998,908 | — | $ | 1 | $ | — | ||||||||||||||||
Total | $ | 1 | $ | — | ||||||||||||||||||||
140
Share | Share | Value as | ||||||||||||||||||||||||||||||
Balance at | Balance at | of March 31, | Dividend | Realized Gain | Net Realized | |||||||||||||||||||||||||||
Name of | March 31, | March 31, | 2011 | Income | Distributions | Gain (Loss) | ||||||||||||||||||||||||||
Affiliated Issuer | 2010 | Purchases | Sales | 2011 | (in thousands) | (in thousands) | (in thousands) | (in thousands) | ||||||||||||||||||||||||
Large Cap Quantitative Equity Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 126,776 | 1,581,126 | 1,707,902 | — | $ | — | $ | — | $ | — | $ | — | ||||||||||||||||||||
Total | $ | — | $ | — | $ | — | $ | — | ||||||||||||||||||||||||
Large Cap Value Equity Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 13,484,349 | 414,450,877 | 427,935,226 | — | $ | — | $ | 26 | $ | — | $ | — | ||||||||||||||||||||
Total | $ | — | $ | 26 | $ | — | $ | — | ||||||||||||||||||||||||
Mid-Cap Core Equity Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 2,597,134 | 24,728,270 | 27,325,404 | — | $ | — | $ | 1 | $ | — | $ | — | ||||||||||||||||||||
Total | $ | — | $ | 1 | $ | — | $ | — | ||||||||||||||||||||||||
Mid-Cap Value Equity Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 41,072,107 | 575,368,380 | 616,440,487 | — | $ | — | $ | 24 | $ | — | $ | — | ||||||||||||||||||||
Total | $ | — | $ | 24 | $ | — | $ | — | ||||||||||||||||||||||||
Select Large Cap Growth Stock Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 3,765,901 | 38,426,978 | 42,192,879 | — | $ | — | $ | 1 | $ | — | $ | — | ||||||||||||||||||||
Total | $ | — | $ | 1 | $ | — | $ | — | ||||||||||||||||||||||||
Small Cap Growth Stock Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 1,912,176 | 100,227,997 | 102,140,173 | — | $ | — | $ | 4 | $ | — | $ | — | ||||||||||||||||||||
Total | $ | — | $ | 4 | $ | — | $ | — | ||||||||||||||||||||||||
Small Cap Value Equity Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 22,274,367 | 194,937,255 | 217,211,622 | — | $ | — | $ | 10 | $ | — | $ | — | ||||||||||||||||||||
Total | $ | — | $ | 10 | $ | — | $ | — | ||||||||||||||||||||||||
U.S. Equity 130/30 Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | — | 939,856 | 939,856 | — | $ | — | $ | — | $ | — | $ | — | ||||||||||||||||||||
Total | $ | — | $ | — | $ | — | $ | — | ||||||||||||||||||||||||
Aggressive Growth Allocation Strategy Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Aggressive Growth Stock Fund | 74,750 | 976 | 5,471 | 70,255 | $ | 1,156 | $ | — | $ | — | $ | 12 | ||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 1,467,220 | 3,443,598 | 4,910,818 | — | — | 2 | — | — | ||||||||||||||||||||||||
RidgeWorth International Equity 130/30 Fund | 195,072 | 7,758 | 13,220 | 189,610 | 1,414 | 9 | — | 2 | ||||||||||||||||||||||||
RidgeWorth International Equity Fund | — | 38,059 | 1,580 | 36,479 | 424 | — | — | — | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund | 101,467 | 8,409 | 75,188 | 34,688 | 469 | 31 | — | 264 | ||||||||||||||||||||||||
RidgeWorth Large Cap Core Growth Stock Fund* | 382,059 | 3,884 | 241,426 | 144,517 | 2,064 | 51 | — | 81 | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund | 270,493 | 95 | 72,385 | 198,203 | 2,289 | 1 | — | (91 | ) |
141
Share | Share | Value as | ||||||||||||||||||||||||||||||
Balance at | Balance at | of March 31, | Dividend | Realized Gain | Net Realized | |||||||||||||||||||||||||||
Name of | March 31, | March 31, | 2011 | Income | Distributions | Gain (Loss) | ||||||||||||||||||||||||||
Affiliated Issuer | 2010 | Purchases | Sales | 2011 | (in thousands) | (in thousands) | (in thousands) | (in thousands) | ||||||||||||||||||||||||
RidgeWorth Large Cap Quantitative Equity Fund | 218,710 | 1,730 | 54,547 | 165,893 | 2,047 | 19 | — | (86 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund | 421,384 | 5,501 | 86,492 | 340,393 | 4,585 | 66 | — | (75 | ) | |||||||||||||||||||||||
RidgeWorth Mid-Cap Core Equity Fund | 101,548 | 293 | 7,131 | 94,710 | 1,156 | 3 | — | 11 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund | 87,650 | 14,250 | 4,207 | 97,693 | 1,241 | 9 | 70 | — | ||||||||||||||||||||||||
RidgeWorth Real Estate 130/30 Fund | 103,492 | 26,688 | 5,351 | 124,829 | 1,005 | 27 | 98 | (2 | ) | |||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund | 92,143 | — | 22,209 | 69,934 | 2,274 | — | — | 21 | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund | 76,541 | 21,911 | 20,313 | 78,139 | 1,342 | — | — | (25 | ) | |||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund | 83,295 | 28,516 | 23,595 | 88,216 | 1,283 | 8 | — | 4 | ||||||||||||||||||||||||
RidgeWorth U.S. Equity 130/30 Fund | 148,809 | 4,148 | 9,269 | 143,688 | 1,464 | 8 | 32 | 4 | ||||||||||||||||||||||||
Total | $ | 24,213 | $ | 234 | $ | 200 | $ | 120 | ||||||||||||||||||||||||
Conservative Allocation Strategy Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Aggressive Growth Stock Fund | 13,646 | 6,102 | — | 19,748 | $ | 325 | $ | — | $ | — | $ | — | ||||||||||||||||||||
RidgeWorth Corporate Bond Fund | 60,784 | 77,788 | — | 138,572 | 1,329 | 40 | 20 | — | ||||||||||||||||||||||||
RidgeWorth High Income Fund | 71,321 | 113,314 | — | 184,635 | 1,344 | 55 | 2 | — | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 967,246 | 5,294,787 | 6,262,033 | — | — | 1 | — | — | ||||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund | 176,275 | 602,497 | 14,636 | 764,136 | 7,909 | 119 | 172 | (9 | ) | |||||||||||||||||||||||
RidgeWorth International Equity 130/30 Fund | 35,713 | 17,534 | — | 53,247 | 397 | 2 | — | — | ||||||||||||||||||||||||
RidgeWorth International Equity Fund | — | 10,351 | — | 10,351 | 120 | — | — | — | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund | 18,440 | 4,296 | 12,894 | 9,842 | 133 | 9 | — | 35 | ||||||||||||||||||||||||
RidgeWorth Large Cap Core Growth Stock Fund* | 71,900 | 6,272 | 25,360 | 52,812 | 754 | 11 | — | 23 | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund | 50,211 | 35,989 | — | 86,200 | 996 | — | — | — | ||||||||||||||||||||||||
RidgeWorth Large Cap Quantitative Equity Fund | 39,747 | 6,815 | — | 46,562 | 575 | 4 | — | — | ||||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund | 80,196 | 54,982 | — | 135,178 | 1,821 | 15 | — | — | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Core Equity Fund | 18,436 | 8,202 | — | 26,638 | 325 | 1 | — | — | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund | 15,878 | 11,393 | — | 27,271 | 346 | 2 | 17 | — | ||||||||||||||||||||||||
RidgeWorth Real Estate 130/30 Fund | 18,787 | 15,765 | — | 34,552 | 278 | 6 | 23 | — | ||||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund | 58,330 | 25,510 | — | 83,840 | 755 | 37 | — | — | ||||||||||||||||||||||||
RidgeWorth Seix High Yield Fund | 75,539 | 57,338 | — | 132,877 | 1,338 | 71 | — | — | ||||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund | 17,081 | 13,400 | — | 30,481 | 991 | — | — | — | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund | 11,443 | 10,607 | — | 22,050 | 379 | — | — | — | ||||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund | 12,878 | 12,034 | — | 24,912 | 362 | 2 | — | — | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund | 442,574 | 45,642 | 159,545 | 328,671 | 3,418 | 145 | 186 | 43 | ||||||||||||||||||||||||
RidgeWorth U.S. Equity 130/30 Fund | 27,351 | 12,840 | — | 40,191 | 410 | 2 | 7 | — | ||||||||||||||||||||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund | 76,373 | 210,720 | 157,040 | 130,053 | 1,310 | 12 | — | 7 | ||||||||||||||||||||||||
Total | $ | 25,615 | $ | 534 | $ | 427 | $ | 99 | ||||||||||||||||||||||||
142
Share | Share | Value as | ||||||||||||||||||||||||||||||
Balance at | Balance at | of March 31, | Dividend | Realized Gain | Net Realized | |||||||||||||||||||||||||||
Name of | March 31, | March 31, | 2011 | Income | Distributions | Gain (Loss) | ||||||||||||||||||||||||||
Affiliated Issuer | 2010 | Purchases | Sales | 2011 | (in thousands) | (in thousands) | (in thousands) | (in thousands) | ||||||||||||||||||||||||
Growth Allocation Strategy Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Aggressive Growth Stock Fund | 151,319 | 4,977 | 25,926 | 130,370 | $ | 2,146 | $ | — | $ | — | $ | 52 | ||||||||||||||||||||
RidgeWorth Corporate Bond Fund | 50,328 | 80,629 | 4,454 | 126,503 | 1,213 | 40 | 27 | (3 | ) | |||||||||||||||||||||||
RidgeWorth High Income Fund | 110,783 | 66,448 | 6,948 | 170,283 | 1,240 | 66 | 2 | — | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 3,569,739 | 7,745,187 | 11,314,926 | — | — | 3 | — | — | ||||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund | 90,948 | 456,043 | 31,514 | 515,477 | 5,335 | 77 | 126 | (10 | ) | |||||||||||||||||||||||
RidgeWorth International Equity 130/30 Fund | 358,755 | 19,705 | 26,938 | 351,522 | 2,622 | 16 | — | 1 | ||||||||||||||||||||||||
RidgeWorth International Equity Fund | — | 70,295 | 2,396 | 67,899 | 789 | — | — | 1 | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund | 184,223 | 4,502 | 124,288 | 64,437 | 871 | 57 | — | 587 | ||||||||||||||||||||||||
RidgeWorth Large Cap Core Growth Stock Fund* | 726,013 | 7,109 | 398,041 | 335,081 | 4,785 | 93 | — | 49 | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund | 473,544 | 168 | 105,878 | 367,834 | 4,249 | 2 | — | (122 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Quantitative Equity Fund | 334,155 | 5,810 | 32,019 | 307,946 | 3,800 | 33 | — | (44 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund | 811,691 | 10,158 | 190,081 | 631,768 | 8,510 | 123 | — | (250 | ) | |||||||||||||||||||||||
RidgeWorth Mid-Cap Core Equity Fund | 186,257 | 2,350 | 12,835 | 175,772 | 2,146 | 6 | — | 20 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund | 167,585 | 26,101 | 12,660 | 181,026 | 2,299 | 17 | 126 | 2 | ||||||||||||||||||||||||
RidgeWorth Real Estate 130/30 Fund | 200,538 | 43,942 | 13,507 | 230,973 | 1,859 | 52 | 179 | (3 | ) | |||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund | 104,142 | 6,390 | 21,144 | 89,388 | 805 | 53 | — | (9 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Yield Fund | 135,772 | 11,590 | 24,948 | 122,414 | 1,233 | 105 | — | (15 | ) | |||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Fund | 172,332 | — | 42,541 | 129,791 | 4,220 | — | — | 4 | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund | 115,476 | 44,828 | 15,023 | 145,281 | 2,494 | — | — | 2 | ||||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund | 129,684 | 56,613 | 22,251 | 164,046 | 2,385 | 14 | — | 23 | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund | 982,358 | 59,586 | 510,570 | 531,374 | 5,526 | 280 | 323 | 322 | ||||||||||||||||||||||||
RidgeWorth U.S. Equity 130/30 Fund | 266,890 | 15,866 | 16,070 | 266,686 | 2,718 | 14 | 57 | 2 | ||||||||||||||||||||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund | 142,233 | 75,720 | 140,001 | 77,952 | 785 | 17 | — | 17 | ||||||||||||||||||||||||
Total | $ | 62,030 | $ | 1,068 | $ | 840 | $ | 626 | ||||||||||||||||||||||||
Moderate Allocation Strategy Fund | ||||||||||||||||||||||||||||||||
RidgeWorth Aggressive Growth Stock Fund | 221,453 | 8,008 | 20,362 | 209,099 | $ | 3,442 | $ | — | $ | — | $ | 56 | ||||||||||||||||||||
RidgeWorth Corporate Bond Fund | 207,708 | 331,779 | 28,314 | 511,173 | 4,902 | 159 | 102 | (15 | ) | |||||||||||||||||||||||
RidgeWorth High Income Fund | 295,421 | 431,565 | 37,693 | 689,293 | 5,018 | 226 | 9 | 3 | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 5,937,871 | 16,094,613 | 22,032,484 | — | — | 5 | — | — | ||||||||||||||||||||||||
RidgeWorth Intermediate Bond Fund | 375,336 | 1,859,128 | 116,345 | 2,118,119 | 21,923 | 322 | 557 | (63 | ) | |||||||||||||||||||||||
RidgeWorth International Equity 130/30 Fund | 579,361 | 36,596 | 52,349 | 563,608 | 4,205 | 26 | — | 4 | ||||||||||||||||||||||||
RidgeWorth International Equity Fund | — | 115,108 | 6,051 | 109,057 | 1,267 | — | — | 2 | ||||||||||||||||||||||||
RidgeWorth International Equity Index Fund | 299,411 | 7,388 | 203,284 | 103,515 | 1,400 | 94 | — | 1,002 | ||||||||||||||||||||||||
RidgeWorth Large Cap Core Growth Stock Fund* | 1,166,168 | 11,434 | 636,900 | 540,702 | 7,721 | 149 | — | 6 | ||||||||||||||||||||||||
RidgeWorth Large Cap Growth Stock Fund | 814,114 | 281 | 224,545 | 589,850 | 6,813 | 3 | — | (229 | ) |
143
Share | Share | Value as | ||||||||||||||||||||||||||||||
Balance at | Balance at | of March 31, | Dividend | Realized Gain | Net Realized | |||||||||||||||||||||||||||
Name of | March 31, | March 31, | 2011 | Income | Distributions | Gain (Loss) | ||||||||||||||||||||||||||
Affiliated Issuer | 2010 | Purchases | Sales | 2011 | (in thousands) | (in thousands) | (in thousands) | (in thousands) | ||||||||||||||||||||||||
RidgeWorth Large Cap Quantitative Equity Fund | 653,485 | 10,547 | 170,554 | 493,478 | 6,090 | 57 | — | (299 | ) | |||||||||||||||||||||||
RidgeWorth Large Cap Value Equity Fund | 1,303,758 | 16,315 | 307,135 | 1,012,938 | 13,644 | 198 | — | (399 | ) | |||||||||||||||||||||||
RidgeWorth Mid-Cap Core Equity Fund | 298,933 | 862 | 17,798 | 281,997 | 3,443 | 9 | — | 32 | ||||||||||||||||||||||||
RidgeWorth Mid-Cap Value Equity Fund | 258,225 | 48,093 | 16,000 | 290,318 | 3,687 | 26 | 205 | 5 | ||||||||||||||||||||||||
RidgeWorth Real Estate 130/30 Fund | 304,050 | 86,171 | 20,300 | 369,921 | 2,978 | 81 | 289 | (6 | ) | |||||||||||||||||||||||
RidgeWorth Seix Floating Rate High Income Fund | 440,930 | 32,489 | 112,462 | 360,957 | 3,252 | 218 | — | (51 | ) | |||||||||||||||||||||||
RidgeWorth Seix High Yield Fund | 574,646 | 47,588 | 126,582 | 495,652 | 4,991 | 431 | — | (128 | ) | |||||||||||||||||||||||
RidgeWorth Select Large Cap Growth Stock Fund | 277,801 | — | 69,674 | 208,127 | 6,766 | — | — | 17 | ||||||||||||||||||||||||
RidgeWorth Small Cap Growth Stock Fund | 185,891 | 71,150 | 23,875 | 233,166 | 4,003 | — | — | 3 | ||||||||||||||||||||||||
RidgeWorth Small Cap Value Equity Fund | 208,087 | 90,958 | 35,822 | 263,223 | 3,827 | 22 | — | 23 | ||||||||||||||||||||||||
RidgeWorth Total Return Bond Fund | 3,964,347 | 227,311 | 2,143,908 | 2,047,750 | 21,297 | 1,066 | 1,230 | 1,334 | ||||||||||||||||||||||||
RidgeWorth U.S. Equity 130/30 Fund | 438,126 | 18,934 | 29,932 | 427,128 | 4,352 | 23 | 92 | 8 | ||||||||||||||||||||||||
RidgeWorth U.S. Government Securities Ultra-Short Bond Fund | 586,940 | 349,280 | 596,516 | 339,704 | 3,421 | 71 | — | 69 | ||||||||||||||||||||||||
Total | $ | 138,442 | $ | 3,186 | $ | 2,484 | $ | 1,374 | ||||||||||||||||||||||||
* | Formerly Large Cap Core Equity Fund. |
144
RidgeWorth Funds:
145
(Unaudited)
Fund | Amount($) | |||
Mid-Cap Value Equity Fund | 11,079 | |||
Real Estate 130/30 Fund | 425 | |||
Small Cap Value Equity Fund | 105 | |||
Conservative Allocation Strategy | 40 |
Dividend Received | ||||
Deduction(%) | ||||
Large Cap Core Growth Stock Fund* | 100 | |||
Large Cap Growth Stock Fund | 14 | |||
Large Cap Quantitative Equity Fund | 100 | |||
Large Cap Value Equity Fund | 100 | |||
Mid-Cap Core Equity Fund | 100 | |||
Mid-Cap Value Equity Fund | 15 | |||
Small Cap Value Equity Fund | 97 | |||
U.S. Equity 130/30 Fund | 65 | |||
Aggressive Growth Allocation Strategy | 49 | |||
Conservative Allocation Strategy | 7 | |||
Growth Allocation Strategy | 21 | |||
Moderate Allocation Strategy | 12 |
Qualified Dividend | ||||
Income(%) | ||||
International Equity 130/30 Fund | 100 | |||
International Equity Fund | 69 | |||
International Equity Index Fund | 18 | |||
Large Cap Core Growth Stock Fund* | 100 | |||
Large Cap Growth Stock Fund | 14 | |||
Large Cap Quantitative Equity Fund | 100 | |||
Large Cap Value Equity Fund | 100 | |||
Mid-Cap Core Equity Fund | 100 | |||
Mid-Cap Value Equity Fund | 15 | |||
Small Cap Value Equity Fund | 97 | |||
U.S. Equity 130/30 Fund | 70 | |||
Aggressive Growth Allocation Strategy | 54 | |||
Conservative Allocation Strategy | 7 | |||
Growth Allocation Strategy | 22 | |||
Moderate Allocation Strategy | 13 |
Foreign Source | Foreign Tax | |||||||
Income($) | Expense($) | |||||||
International Equity 130/30 Fund | 1,710 | 384 | ||||||
International Equity Fund | 3,302 | 631 | ||||||
International Equity Index Fund | 7,336 | 2,530 |
* | Formerly Large Cap Core Equity Fund. |
146
(Unaudited)
Number of | ||||||||||
Term of | Principal | Portfolios in | Other Directorships | |||||||
Position | Office and | Occupation(s) | the RidgeWorth | Held By Trustee | ||||||
Held with | Length of | During the | Complex Overseen | During the Past | ||||||
Name and Age | the Trust | Time Served | Past 5 Years | by Trustees | 5 Years | |||||
Jeffrey M. Biggar Age: 61 | Trustee | Indefinite; since 2007 | Managing Director, Little Mountain Group, LLC (since 2011); Chief Operating Officer (Cedar Brook Financial Partners LLC) (2008-2010); Chief Executive Officer and Senior Managing Director, Sterling (National City Corp.) (2000-2006). | 37 | GenSpring Trust | |||||
George C. Guynn Age: 68 | Trustee | Indefinite; since 2008 | Retired. President (1996-2006) and Chief Executive Officer (1995-2006) Federal Reserve Bank of Atlanta. | 37 | Genuine Parts Company; Oxford Industries; John Wieland Homes and Neighborhoods Inc.; Acuity Brands Inc.; GenSpring Trust | |||||
Sidney E. Harris Age: 61 | Trustee | Indefinite; since 2004 | Professor (since 1997), Dean (1997-2004), J. Mack Robinson College of Business, Georgia State University. | 37 | Total System Services, Inc.; GenSpring Trust | |||||
Warren Y. Jobe Age: 70 | Trustee | Indefinite; since 2004 | Retired. Executive Vice President and Chief Financial Officer, Georgia Power Company (1982-1998) and Senior Vice President, Southern Company (1998-2001). | 37 | WellPoint, Inc; UniSource Energy Corp. | |||||
Connie D. McDaniel Age: 52 | Trustee | Indefinite; since 2005 | Vice President, Chief of Internal Audit, Corporate Audit Department (since 2009); Vice President Global Finance Transformation (2007-2009); Vice President and Controller (1999-2007), The Coca-Cola Company. | 37 | None | |||||
Clarence H. Ridley Age: 68 | Trustee | Indefinite; since 2001 | Chairman Emeritus (since 2010); Chairman, Havertys Furniture Companies (2001-2010). | 37 | Crawford & Co.; Havertys Furniture Companies | |||||
147
(Unaudited)
Term of | ||||||
Position(s) | Office and | |||||
Name, Address and | Held | Length of | Principal Occupation(s) | |||
Age | with the Trust | Time Served | During the Past 5 Years | |||
Julia R. Short Age: 38 | President and Chief Executive Officer | One year; since 2007 | Managing Director, Product Manager, RidgeWorth Investments. (since 2004); Relationship Manager, SEI Investments (financial services) (1994-2004). | |||
Joseph M. O’Donnell Age: 56 | Executive Vice President and Chief Compliance Officer | One year; since April 2011 | Chief Compliance Officer of the ING Funds (2004-2011); Executive Vice President of the ING Funds (2004-2011); Chief Compliance Officer of ING Investments, LLC (2006-2008 and October 2009-2011); and Investment Advisor Chief Compliance Officer, Directed Services LLC (2006-2008 and 2009-2011). Formerly, Investment Advisor Chief Compliance Officer, ING Life Insurance and Annuity Company (2006). | |||
Cynthia L. Morse-Griffin Foreside Management Services, LLC Three Canal Plaza, Suite 100 Portland, ME 04101 Age: 35 | Treasurer; Chief Financial Officer and Chief Accounting Officer | One year; since 2010 | Fund Principal Financial Officer, Foreside Management Services, LLC (2008-present); Assistant Vice President, Citigroup Fund Services, LLC (2001-2008). | |||
Alan Otis State Street Bank and Trust Co. 4 Copley Place, 5th Fl. Boston, MA 02116 Age: 39 | Assistant Treasurer | One year; since 2010 | Vice President, State Street Bank and Trust Company (since 1995).* | |||
James Bacik State Street Bank and Trust Co. 4 Copley Place, 5th Fl. Boston, MA 02116 Age: 35 | Assistant Treasurer | One year; since 2010 | Assistant Vice President, State Street Bank and Trust Company (since 2001).* | |||
James M. Atwood Foreside Compliance Services, LLC Three Canal Plaza, Suite 100 Portland, ME 04101 Age: 46 | Anti-Money Laundering Officer and Identity Theft Prevention Officer | One year; since 2010 | Compliance Analyst, Foreside Compliance Services, LLC (since 2007); personal sabbatical (2004-2007); Attorney, Pierce Atwood (law firm) (2001-2004). | |||
Julie Tedesco State Street Bank and Trust Company Mailstop CPH 0326 4 Copley Place Boston, MA 02116 Age: 53 | Secretary and Chief Legal Officer | One year; since 2010 | Senior Vice President and Senior Managing Counsel, State Street Bank and Trust Company (since 2000).* | |||
Odeh Stevens State Street Bank and Trust Company Mailstop JHT 1732 200 Clarendon Street Boston, MA 02116 Age: 42 | Assistant Secretary | One year; since 2010 | Vice President and Counsel, State Street Bank and Trust Company (since 2005). Legal Product Manager, Fidelity Investments (2000-2005). | |||
* | During the period indicated the Officer has held various positions at State Street Bank and Trust Company and has provided his or her current title. |
148
(Unaudited)
149
(Unaudited)
150
(Unaudited)
Beginning | Ending | Expenses Paid | Expense Ratio | |||||||||||||||
Account Value | Account Value | During Period* | During Period** | |||||||||||||||
Fund | Class | 10/01/10($) | 03/31/11($) | 10/01/10-03/31/11($) | 10/01/10-03/31/11(%) | |||||||||||||
Aggressive Growth Stock Fund | I Shares | 1,000.00 | 1,223.79 | 6.54 | 1.18 | |||||||||||||
A Shares | 1,000.00 | 1,221.55 | 8.20 | 1.48 | ||||||||||||||
Emerging Growth Stock | I Shares | 1,000.00 | 1,315.70 | 7.16 | 1.24 | |||||||||||||
A Shares | 1,000.00 | 1,314.00 | 8.88 | 1.54 | ||||||||||||||
International Equity 130/30 Fund*** | I Shares | 1,000.00 | 1,109.80 | 7.42 | 1.41 | |||||||||||||
A Shares | 1,000.00 | 1,109.10 | 9.04 | 1.72 | ||||||||||||||
International Equity Fund | I Shares | 1,000.00 | 1,110.80 | 6.53 | 1.24 | |||||||||||||
A Shares | 1,000.00 | 1,109.80 | 8.10 | 1.54 | ||||||||||||||
International Equity Index Fund | I Shares | 1,000.00 | 1,104.20 | 3.25 | 0.62 | |||||||||||||
A Shares | 1,000.00 | 1,102.80 | 4.82 | 0.92 | ||||||||||||||
Large Cap Core Growth Stock Fund1 | I Shares | 1,000.00 | 1,147.93 | 4.98 | 0.93 | |||||||||||||
A Shares | 1,000.00 | 1,146.49 | 6.31 | 1.18 | ||||||||||||||
C Shares | 1,000.00 | 1,142.70 | 10.31 | 1.93 | ||||||||||||||
Large Cap Growth Stock Fund | I Shares | 1,000.00 | 1,211.00 | 5.84 | 1.06 | |||||||||||||
A Shares | 1,000.00 | 1,209.00 | 7.49 | 1.36 | ||||||||||||||
C Shares | 1,000.00 | 1,206.10 | 11.33 | 2.06 | ||||||||||||||
Large Cap Quantitative Equity Fund | I Shares | 1,000.00 | 1,200.00 | 5.32 | 0.97 | |||||||||||||
A Shares | 1,000.00 | 1,198.50 | 6.69 | 1.22 | ||||||||||||||
Large Cap Value Equity Fund | I Shares | 1,000.00 | 1,183.10 | 4.57 | 0.84 | |||||||||||||
A Shares | 1,000.00 | 1,181.50 | 6.20 | 1.14 | ||||||||||||||
C Shares | 1,000.00 | 1,177.20 | 9.99 | 1.84 | ||||||||||||||
Mid-Cap Core Equity Fund | I Shares | 1,000.00 | 1,203.60 | 6.76 | 1.23 | |||||||||||||
A Shares | 1,000.00 | 1,202.20 | 8.67 | 1.58 | ||||||||||||||
C Shares | 1,000.00 | 1,199.20 | 12.45 | 2.27 | ||||||||||||||
Mid-Cap Value Equity Fund | I Shares | 1,000.00 | 1,233.47 | 5.79 | �� | 1.04 | ||||||||||||
A Shares | 1,000.00 | 1,232.49 | 7.51 | 1.35 | ||||||||||||||
C Shares | 1,000.00 | 1,227.66 | 11.39 | 2.05 | ||||||||||||||
Real Estate 130/30 Fund*** | I Shares | 1,000.00 | 1,160.00 | 7.81 | 1.45 | |||||||||||||
A Shares | 1,000.00 | 1,158.70 | 9.31 | 1.73 | ||||||||||||||
Select Large Cap Growth Stock | I Shares | 1,000.00 | 1,182.60 | 5.39 | 0.99 | |||||||||||||
A Shares | 1,000.00 | 1,181.00 | 7.01 | 1.29 | ||||||||||||||
C Shares | 1,000.00 | 1,176.90 | 10.80 | 1.99 | ||||||||||||||
Small Cap Growth Stock Fund | I Shares | 1,000.00 | 1,305.70 | 7.13 | 1.24 | |||||||||||||
A Shares | 1,000.00 | 1,303.50 | 8.84 | 1.54 | ||||||||||||||
C Shares | 1,000.00 | 1,298.40 | 12.84 | 2.24 | ||||||||||||||
Small Cap Value Equity Fund | I Shares | 1,000.00 | 1,182.50 | 6.58 | 1.21 | |||||||||||||
A Shares | 1,000.00 | 1,181.20 | 8.27 | 1.52 | ||||||||||||||
C Shares | 1,000.00 | 1,176.50 | 11.99 | 2.21 |
151
(Unaudited)
Beginning | Ending | Expenses Paid | Expense Ratio | |||||||||||||||
Account Value | Account Value | During Period* | During Period** | |||||||||||||||
Fund | Class | 10/01/10($) | 03/31/11($) | 10/01/10-03/31/11($) | 10/01/10-03/31/11(%) | |||||||||||||
U.S. Equity 130/30 Fund*** | I Shares | 1,000.00 | 1,208.00 | 6.99 | 1.27 | |||||||||||||
Aggressive Growth Allocation Strategy | I Shares | 1,000.00 | 1,174.80 | 1.08 | 0.20 | |||||||||||||
A Shares | 1,000.00 | 1,174.20 | 2.71 | 0.50 | ||||||||||||||
C Shares | 1,000.00 | 1,169.90 | 6.49 | 1.20 | ||||||||||||||
Conservative Allocation Strategy | I Shares | 1,000.00 | 1,055.90 | 1.03 | 0.20 | |||||||||||||
A Shares | 1,000.00 | 1,053.40 | 2.56 | 0.50 | ||||||||||||||
C Shares | 1,000.00 | 1,050.10 | 6.13 | 1.20 | ||||||||||||||
Growth Allocation Strategy | I Shares | 1,000.00 | 1,127.40 | 1.06 | 0.20 | |||||||||||||
A Shares | 1,000.00 | 1,126.10 | 2.65 | 0.50 | ||||||||||||||
C Shares | 1,000.00 | 1,122.40 | 6.35 | 1.20 | ||||||||||||||
Moderate Allocation Strategy | I Shares | 1,000.00 | 1,094.10 | 1.04 | 0.20 | |||||||||||||
A Shares | 1,000.00 | 1,092.50 | 2.61 | 0.50 | ||||||||||||||
C Shares | 1,000.00 | 1,088.00 | 6.25 | 1.20 |
* | Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days (182) in the most recent fiscal half-year divided by the number of days in the fiscal year (365). | |
** | Annualized. |
*** | Excludes impact of dividend expense and transactions cost on securities sold short. |
1 | Formerly Large Cap Core Equity Fund. |
152
(Unaudited)
Beginning | Ending | Expenses Paid | Expense Ratio | |||||||||||||||
Account Value | Account Value | During Period* | During Period** | |||||||||||||||
Fund | Class | 10/01/10($) | 03/31/11($) | 10/01/10-03/31/11($) | 10/01/10-03/31/11(%) | |||||||||||||
Aggressive Growth Stock Fund | I Shares | 1,000.00 | 1,019.05 | 5.94 | 1.18 | |||||||||||||
A Shares | 1,000.00 | 1,017.55 | 7.44 | 1.48 | ||||||||||||||
Emerging Growth Stock | I Shares | 1,000.00 | 1,018.75 | 6.24 | 1.24 | |||||||||||||
A Shares | 1,000.00 | 1,017.25 | 7.75 | 1.54 | ||||||||||||||
International Equity 130/30 Fund*** | I Shares | 1,000.00 | 1,008.78 | 7.09 | 1.41 | |||||||||||||
A Shares | 1,000.00 | 1,010.17 | 8.65 | 1.72 | ||||||||||||||
International Equity Fund | I Shares | 1,000.00 | 1,018.75 | 6.24 | 1.24 | |||||||||||||
A Shares | 1,000.00 | 1,017.25 | 7.75 | 1.54 | ||||||||||||||
International Equity Index Fund | I Shares | 1,000.00 | 1,021.84 | 3.13 | 0.62 | |||||||||||||
A Shares | 1,000.00 | 1,020.34 | 4.63 | 0.92 | ||||||||||||||
Large Cap Core Growth Stock Fund1 | I Shares | 1,000.00 | 1,020.29 | 4.68 | 0.93 | |||||||||||||
A Shares | 1,000.00 | 1,019.05 | 5.94 | 1.18 | ||||||||||||||
C Shares | 1,000.00 | 1,015.31 | 9.70 | 1.93 | ||||||||||||||
Large Cap Growth Stock Fund | I Shares | 1,000.00 | 1,019.65 | 5.34 | 1.06 | |||||||||||||
A Shares | 1,000.00 | 1,018.15 | 6.84 | 1.36 | ||||||||||||||
C Shares | 1,000.00 | 1,014.66 | 10.35 | 2.06 | ||||||||||||||
Large Cap Quantitative Equity Fund | I Shares | 1,000.00 | 1,020.09 | 4.89 | 0.97 | |||||||||||||
A Shares | 1,000.00 | 1,018.85 | 6.14 | 1.22 | ||||||||||||||
Large Cap Value Equity Fund | I Shares | 1,000.00 | 1,020.74 | 4.23 | 0.84 | |||||||||||||
A Shares | 1,000.00 | 1,019.25 | 5.74 | 1.14 | ||||||||||||||
C Shares | 1,000.00 | 1,015.76 | 9.25 | 1.84 | ||||||||||||||
Mid-Cap Core Equity Fund | I Shares | 1,000.00 | 1,018.80 | 6.19 | 1.23 | |||||||||||||
A Shares | 1,000.00 | 1,017.05 | 7.95 | 1.58 | ||||||||||||||
C Shares | 1,000.00 | 1,013.61 | 11.40 | 2.27 | ||||||||||||||
Mid-Cap Value Equity Fund | I Shares | 1,000.00 | 1,019.75 | 5.24 | 1.04 | |||||||||||||
A Shares | 1,000.00 | 1,018.20 | 6.79 | 1.35 | ||||||||||||||
C Shares | 1,000.00 | 1,014.71 | 10.30 | 2.05 | ||||||||||||||
Real Estate 130/30 Fund*** | I Shares | 1,000.00 | 1,017.75 | 7.29 | 1.45 | |||||||||||||
A Shares | 1,000.00 | 1,012.91 | 8.70 | 1.73 | ||||||||||||||
Select Large Cap Growth Stock | I Shares | 1,000.00 | 1,020.00 | 4.99 | 0.99 | |||||||||||||
A Shares | 1,000.00 | 1,018.50 | 6.49 | 1.29 | ||||||||||||||
C Shares | 1,000.00 | 1,015.01 | 10.00 | 1.99 | ||||||||||||||
Small Cap Growth Stock Fund | I Shares | 1,000.00 | 1,018.75 | 6.24 | 1.24 | |||||||||||||
A Shares | 1,000.00 | 1,017.25 | 7.75 | 1.54 | ||||||||||||||
C Shares | 1,000.00 | 1,013.76 | 11.25 | 2.24 | ||||||||||||||
Small Cap Value Equity Fund | I Shares | 1,000.00 | 1,018.90 | 6.09 | 1.21 | |||||||||||||
A Shares | 1,000.00 | 1,017.35 | 7.64 | 1.52 | ||||||||||||||
C Shares | 1,000.00 | 1,013.91 | 11.10 | 2.21 | ||||||||||||||
U.S. Equity 130/30 Fund*** | I Shares | 1,000.00 | 1,018.60 | 6.39 | 1.27 | |||||||||||||
Aggressive Growth Allocation Strategy | I Shares | 1,000.00 | 1,023.93 | 1.01 | 0.20 | |||||||||||||
A Shares | 1,000.00 | 1,022.44 | 2.52 | 0.50 | ||||||||||||||
C Shares | 1,000.00 | 1,018.95 | 6.04 | 1.20 | ||||||||||||||
Conservative Allocation Strategy | I Shares | 1,000.00 | 1,023.93 | 1.01 | 0.20 |
153
(Unaudited)
Beginning | Ending | Expenses Paid | Expense Ratio | |||||||||||||||
Account Value | Account Value | During Period* | During Period** | |||||||||||||||
Fund | Class | 10/01/10($) | 03/31/11($) | 10/01/10-03/31/11($) | 10/01/10-03/31/11(%) | |||||||||||||
A Shares | 1,000.00 | 1,022.44 | 2.52 | 0.50 | ||||||||||||||
C Shares | 1,000.00 | 1,018.95 | 6.04 | 1.20 | ||||||||||||||
Growth Allocation Strategy | I Shares | 1,000.00 | 1,023.93 | 1.01 | 0.20 | |||||||||||||
A Shares | 1,000.00 | 1,022.44 | 2.52 | 0.50 | ||||||||||||||
C Shares | 1,000.00 | 1,018.95 | 6.04 | 1.20 | ||||||||||||||
Moderate Allocation Strategy | I Shares | 1,000.00 | 1,023.93 | 1.01 | 0.20 | |||||||||||||
A Shares | 1,000.00 | 1,022.44 | 2.52 | 0.50 | ||||||||||||||
C Shares | 1,000.00 | 1,018.95 | 6.04 | 1.20 |
* | Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days (182) in the most recent fiscal half-year divided by the number of days in the fiscal year (365). |
** | Annualized. |
*** | Excludes impact of dividend expense and transactions cost on securities sold short. |
1 | Formerly Large Cap Core Equity Fund. |
154
3333 Piedmont Road, NE, Suite 1500
Atlanta, Georgia 30305
www.ridgeworth.com
Investment Subadvisers: | ||
Alpha Equity Management LLC | IronOak Advisors LLC | |
90 State House Square, Suite 1100 | 919 East Main Street, 15th Floor | |
Hartford, Connecticut 06103 | Richmond, Virginia 23219 | |
www.alphaequityllc.com | www.ironoakadvisors.com | |
Ceredex Value Advisors LLC | Silvant Capital Management LLC | |
Lincoln Plaza, Suite 1600 | 3333 Piedmont Road, NE, Suite 1500 | |
300 South Orange Avenue | Atlanta, Georgia 30305 | |
Orlando, Florida 32801 | www.silvantcapital.com | |
www.ceredexvalue.com | ||
Certium Asset Management LLC | Zevenbergen Capital Investments LLC | |
3333 Piedmont Road, NE, Suite 1500 | 601 Union Street, Suite 4600 | |
Atlanta, Georgia 30305 | Seattle, Washington 98101 | |
www. certiumllc.com | www. zci.com |
5/11
Letter to Shareholders | 1 | |||
Management Discussion of Fund Performance | ||||
Fixed Income Funds: | ||||
Corporate Bond Fund | 3 | |||
Georgia Tax-Exempt Bond Fund | 5 | |||
High Grade Municipal Bond Fund | 7 | |||
High Income Fund | 9 | |||
Intermediate Bond Fund | 11 | |||
Investment Grade Bond Fund | 13 | |||
Investment Grade Tax-Exempt Bond Fund | 15 | |||
Limited Duration Fund | 17 | |||
Limited-Term Federal Mortgage Securities Fund | 19 | |||
Maryland Municipal Bond Fund | 21 | |||
North Carolina Tax-Exempt Bond Fund | 23 | |||
Seix Floating Rate High Income Fund | 25 | |||
Seix Global Strategy Fund | 27 | |||
Seix High Yield Fund | 29 | |||
Short-Term Bond Fund | 31 | |||
Short-Term U.S. Treasury Securities Fund | 33 | |||
Total Return Bond Fund | 35 | |||
Ultra-Short Bond Fund | 37 | |||
U.S. Government Securities Fund | 39 | |||
U.S. Government Securities Ultra-Short Bond Fund | 41 | |||
Virginia Intermediate Municipal Bond Fund | 43 | |||
Schedules of Portfolio Investments | 45 | |||
Statements of Assets and Liabilities | 155 | |||
Statements of Operations | 159 | |||
Statements of Changes in Net Assets | 163 | |||
Financial Highlights | 177 | |||
Notes to Financial Statements | 186 | |||
Report of Independent Registered Public Accounting Firm | 211 | |||
Other Federal Tax Information | 212 | |||
Trustees and Officers of the RidgeWorth Funds | 213 | |||
Additional Information | 215 |
1
1 | The S&P 500 Index is widely regarded as a gauge of the U.S. equities market. This index includes 500 leading companies in leading industries of the U.S. economy. Although the S&P 500 Index focuses on the large cap segment of the market, with approximately 75% coverage of U.S. equities, it is also an ideal proxy for the total market. |
2 | Barclays Capital U.S. Aggregate Bond Index represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment-grade fixed-rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis. |
2
• | James F. Keegan |
• | Adrien Webb, CFA |
• | Perry Troisi |
3
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Since | ||||||||||||||||||||||
Corporate Bond Fund | Inception Date | 1 Year | 3 Year | 5 Year | Inception | |||||||||||||||||
A Shares | without sales charge | 10/08/03 | 6.67% | 6.39% | 6.11% | 5.61% | ||||||||||||||||
with sales charge* | 1.63% | 4.68% | 5.09% | 4.92% | ||||||||||||||||||
C Shares | without CDSC | 11/30/01 | 5.87% | 5.61% | 5.36% | 5.02% | ||||||||||||||||
with CDSC* | 4.88% | 5.61% | 5.36% | 5.02% | ||||||||||||||||||
I Shares | 11/30/01 | 6.92% | 6.70% | 6.43% | 5.87% | |||||||||||||||||
Barclays Capital U.S. Corporate Index | 7.46% | 7.50% | 6.48% | 5.95% | ||||||||||||||||||
�� | ||||||||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
A Shares | 0.81% | |||||||||||||||||||||
C Shares | 1.51% | |||||||||||||||||||||
I Shares | 0.52% | |||||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
4
• | Chris Carter, CFA |
5
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Georgia Tax-Exempt Bond Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||||
A Shares | without sales charge | –1.24% | 2.95% | 2.81% | 3.36% | |||||||||||||||||
with sales charge* | –5.92% | 1.29% | 1.81% | 2.86% | ||||||||||||||||||
I Shares | –1.19% | 3.11% | 2.97% | 3.53% | ||||||||||||||||||
Barclays Capital U.S. Municipal Bond Index | 1.63% | 4.47% | 4.14% | 4.66% | ||||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
A Shares | 0.76% | |||||||||||||||||||||
I Shares | 0.61% | |||||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
6
• | Ronald Schwartz, CFA |
7
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
High Grade Municipal Bond Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 1.66% | 4.07% | 3.78% | 3.83% | |||||||||||||
with sales charge* | –3.20% | 2.40% | 2.78% | 3.33% | ||||||||||||||
I Shares | 1.82% | 4.23% | 3.96% | 4.02% | ||||||||||||||
Barclays Capital U.S. Municipal Bond Index | 1.63% | 4.47% | 4.14% | 4.66% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 0.83% | |||||||||||||||||
I Shares | 0.68% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
8
• | Michael McEachern, CFA |
• | Brian Nold, M.D. |
9
Average Annual Total Returns as of 3/31/11 | |||||||||||||||||||||||||||
Since | |||||||||||||||||||||||||||
High Income Fund | Inception Date | 1 Year | 3 Year | 5 Year | 10 Year | Inception | |||||||||||||||||||||
A Shares | without sales charge | 10/27/03 | 15.47% | 13.64% | 9.99% | N/A | 9.57 | % | |||||||||||||||||||
with sales charge* | 9.96% | 11.81% | 8.92% | N/A | 8.85 | % | |||||||||||||||||||||
R SharesÙ | 05/04/94 | 15.07% | 13.17% | 9.42% | 8.44% | 6.21 | % | ||||||||||||||||||||
I Shares | 10/03/01 | 15.83% | 13.99% | 10.33% | N/A | 9.73 | % | ||||||||||||||||||||
9.07 | %2 | ||||||||||||||||||||||||||
Barclays Capital U.S. Corporate High | 7.98 | %2 | |||||||||||||||||||||||||
Yield Bond Index | 14.31% | 12.94% | 9.12% | 8.63% | 9.84 | %2 | |||||||||||||||||||||
Prospectus Expense Ratio1 | Gross | ||||||||||||||||||||||||||
A Shares | 1.04 | % | |||||||||||||||||||||||||
R Shares | 1.32 | % | |||||||||||||||||||||||||
I Shares | 0.74 | % | |||||||||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
Ù | Effective at the close of business on 7/31/09, C Shares converted to R Shares and C Shares are no longer available for purchase. The performance shown prior to such date is based on the performance of the C Shares of the Fund and has not been adjusted to reflect R Share expenses. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
2 | The Since Inception total returns for the Barclays Capital U.S. Corporate High Yield Bond Index are from 10/27/03, 4/30/94 and 10/03/01, respectively. |
10
• | James F. Keegan |
• | Adrien Webb, CFA |
• | Perry Troisi |
• | Michael Rieger |
• | Seth Antiles, Ph.D |
11
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Intermediate Bond Fund | Inception Date† | 1 Year | 3 Year | 5 Year | 10 Year | |||||||||||||||||
A Shares | without sales charge | 06/30/99 | 3.49% | 5.28% | 5.96% | 4.86% | ||||||||||||||||
with sales charge* | –1.47% | 3.60% | 4.94% | 4.36% | ||||||||||||||||||
R Shares | 06/30/99 | 3.03% | 4.77% | 5.41% | 4.50% | |||||||||||||||||
I Shares | 06/30/99 | 3.75% | 5.55% | 6.23% | 5.06% | |||||||||||||||||
Barclays Capital Intermediate U.S. Government/Credit Bond Index | 4.63% | 4.49% | 5.68% | 5.20% | ||||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
A Shares | 0.56% | |||||||||||||||||||||
R Shares | �� | 1.02% | ||||||||||||||||||||
I Shares | 0.33% | |||||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
† | A Shares and R Shares were offered beginning on 10/11/04. The performance shown prior to such date for A Shares and R Shares is based on the performance of the Class I Shares of the Seix Intermediate Bond Fund, an open-end investment company that was the predecessor fund to the Intermediate Bond Fund and performance is based on the performance of I Shares. During the period 10/16/07 through 1/17/08, R Shares did not have any shareholders. Historical performance based on the predecessor fund or on the I Shares has not been adjusted to reflect A Share or R Share expenses. If it had been, the performance would have been lower. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
12
• | James F. Keegan |
• | Adrien Webb, CFA |
• | Perry Troisi |
• | Michael Rieger |
• | Seth Antiles, Ph.D |
13
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Investment Grade Bond Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 3.61% | 5.98% | 6.11% | 5.01% | |||||||||||||
with sales charge* | –1.31% | 4.26% | 5.08% | 4.50% | ||||||||||||||
R SharesÙ | 3.41% | 5.51% | 5.56% | 4.45% | ||||||||||||||
I Shares | 3.91% | 6.30% | 6.43% | 5.36% | ||||||||||||||
Barclays Capital U.S. Government/Credit Bond Index | 5.26% | 4.82% | 5.83% | 5.53% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 0.88% | |||||||||||||||||
R Shares | 1.13% | |||||||||||||||||
I Shares | 0.58% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
Ù | Effective at the close of business on 7/31/09, C Shares converted to R Shares and C Shares are no longer available for purchase. The performance shown prior to such date is based on the performance of the C Shares of the Fund and has not been adjusted to reflect R Shares expenses. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
14
• | Ronald Schwartz, CFA |
15
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Investment Grade Tax-Exempt Bond Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 1.93% | 4.49% | 4.42% | 4.33% | |||||||||||||
with sales charge* | -2.92% | 2.81% | 3.40% | 3.83% | ||||||||||||||
I Shares | 2.22% | 4.80% | 4.73% | 4.70% | ||||||||||||||
Barclays Capital U.S. Municipal Bond 1-15 Year Blend Index | 2.78% | 4.70% | 4.70% | 4.61% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 0.88% | |||||||||||||||||
I Shares | 0.60% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
16
• | James F. Keegan |
• | Adrien Webb, CFA |
• | Perry Troisi |
• | Michael Rieger |
• | Seth Antiles, Ph.D |
17
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Since | ||||||||||||||||||||||
Limited Duration Fund | Inception Date† | 1 Year | 3 Year | 5 Year | Inception | |||||||||||||||||
I Shares | 10/25/02 | 1.37% | 0.88% | 2.30% | 2.14% | |||||||||||||||||
Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index | 0.16% | 0.51% | 2.23% | 2.14% | * | |||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
I Shares | 0.28% | |||||||||||||||||||||
† | I Shares were offered beginning on 10/11/04. The performance shown prior to such date is based on the performance of the Seix Limited Duration Fund, an open-end investment company that was the predecessor fund to the Limited Duration Fund. |
* | The performance return and the hypothetical $10,000 investment for the Bank of America Merrill Lynch 3 Month U.S. Treasury Bill Index is for the period from 10/31/02 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
18
• | James F. Keegan |
• | Perry Troisi |
• | Adrien Webb, CFA |
• | Michael Rieger |
• | Seth Antiles, Ph.D |
19
Average Annual Total Returns as of 3/31/11 | |||||||||||||||||||
Limited-Term Federal Mortgage Securities Fund | 1 Year | 3 Year | 5 Year | 10 Year | |||||||||||||||
A Shares | without sales charge | 4.53% | 5.67% | 5.38% | 4.37% | ||||||||||||||
with sales charge* | 1.87% | 4.79% | 4.86% | 4.11% | |||||||||||||||
C Shares | without CDSC | 3.69% | 4.82% | 4.54% | 3.75% | ||||||||||||||
with CDSC* | 2.69% | 4.82% | 4.54% | 3.75% | |||||||||||||||
I Shares | 4.73% | 5.87% | 5.60% | 4.61% | |||||||||||||||
Barclays Capital U.S. Mortgage Backed Securities Index | 4.37% | 5.88% | 6.48% | 5.66% | |||||||||||||||
Prospectus Expense Ratio1 | Gross | ||||||||||||||||||
A Shares | 0.89% | ||||||||||||||||||
C Shares | 1.69% | ||||||||||||||||||
I Shares | 0.69% | ||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 2.50% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
20
• | George E. Calvert, Jr. |
21
Average Annual Total Returns as of 3/31/11 | |||||||||||||||||||
Maryland Municipal Bond Fund | 1 Year | 3 Year | 5 Year | 10 Year | |||||||||||||||
A Shares† | without sales charge | 0.38% | 4.03% | 3.81% | 4.05% | ||||||||||||||
with sales charge* | –4.37% | 2.36% | 2.80% | 3.55% | |||||||||||||||
I Shares | 0.53% | 4.12% | 3.87% | 4.08% | |||||||||||||||
Barclays Capital U.S. Municipal Bond Index | 1.63% | 4.47% | 4.14% | 4.66% | |||||||||||||||
Prospectus Expense Ratio1 | Gross | ||||||||||||||||||
A Shares | 0.83% | ||||||||||||||||||
I Shares | 0.68% | ||||||||||||||||||
* | Class A Shares performance reflects the maximum front-end sales charge of 4.75%. |
† | Prior to August 1, 2009, there were no assets in Class A Shares. The performance shown prior to such date is based on the performance of the I Shares of the Fund and has not been adjusted to reflect A Shares expenses. If it had been, performance would have been lower. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
22
• | Chris Carter, CFA |
23
Average Annual Total Returns as of 3/31/11 | |||||||||||||||||||||||
Since | |||||||||||||||||||||||
North Carolina Tax-Exempt Bond Fund | Inception Date† | 1 Year | 3 Year | 5 Year | Inception | ||||||||||||||||||
A Shares | without sales charge | 01/08/04 | –0.30% | 3.55% | 3.12% | 3.02 | % | ||||||||||||||||
with sales charge* | –5.03% | 1.89% | 2.13% | 2.33 | % | ||||||||||||||||||
I Shares | 01/08/04 | –0.14% | 3.70% | 3.29% | 3.09 | % | |||||||||||||||||
Barclays Capital U.S. Municipal Bond Index | 1.63% | 4.47% | 4.14% | 3.99 | %** | ||||||||||||||||||
Prospectus Expense Ratio1 | Gross | ||||||||||||||||||||||
A Shares | 0.78 | % | |||||||||||||||||||||
I Shares | 0.63 | % | |||||||||||||||||||||
† | I Shares and A Shares were offered beginning on 3/21/05. The performance shown prior to such date for I Shares and A Shares is based on the performance of the CCMI Tax-Exempt North Carolina Bond Fund, the predecessor fund. Historical performance has not been adjusted to reflect A Share expenses. If it had been, the performance would have been lower. |
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
** | The performance return and the hypothetical $10,000 investment for the Barclays Capital U.S. Municipal Bond Index is for the period from 12/31/03 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
24
• | George Goudelias |
• | Michael McEachern, CFA |
25
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Since | ||||||||||||||||||||||
Seix Floating Rate High Income Fund | Inception Date† | 1 Year | 3 Year | 5 Year | Inception | |||||||||||||||||
A Shares | without sales charge | 03/01/06 | 8.29% | 6.39% | 4.35% | 4.28% | ||||||||||||||||
with sales charge* | 5.53% | 5.49% | 3.81% | 3.75% | ||||||||||||||||||
C Shares | without CDSC | 03/01/06 | 7.57% | 5.71% | 3.93% | 3.87% | ||||||||||||||||
with CDSC* | 6.57% | 5.71% | 3.93% | 3.87% | ||||||||||||||||||
I Shares | 03/01/06 | 8.64% | 6.73% | 4.67% | 4.59% | |||||||||||||||||
CSFB Institutional Leveraged Loan Index | 6.52% | 2.95% | 2.21% | 2.32% | ** | |||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
A Shares | 0.86% | |||||||||||||||||||||
C Shares | 1.52% | |||||||||||||||||||||
I Shares | 0.53% | |||||||||||||||||||||
† | The A Shares and C Shares were offered beginning on 5/8/06 and 8/2/07, respectively. The performance shown prior to such dates is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share or C Share expenses. If it had been, the performance would have been lower. |
* | Class A Share performance reflects the maximum front-end sales charge of 2.50% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
** | The performance return and the hypothetical $10,000 investment for the CSFB Institutional Leveraged Loan Index is for the period from 2/28/06 to 3/31/11. |
26
• | James F. Keegan |
• | Adrien Webb, CFA |
• | Seth Antiles, Ph.D |
27
Average Annual Total Returns as of 3/31/11 | ||||||||||||||
Since | ||||||||||||||
Seix Global Strategy Fund | Inception Date† | 1 Year | Inception | |||||||||||
A Shares | without sales charge | 09/08/08 | –9.06% | –1.01% | ||||||||||
with sales charge* | –13.36% | –2.88% | ||||||||||||
I Shares | 09/08/08 | –9.06% | –1.01% | |||||||||||
J.P. Morgan Emerging Markets Bond+ Index | 18.26% | 9.70% | ** | |||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||
A Shares | 1.46% | |||||||||||||
I Shares | 1.16% | |||||||||||||
† | The A Shares were offered beginning on 12/16/10. The performance shown prior to such dates is based on the performance of the I Shares of the Fund, and has not been adjusted to reflect A Share expenses. If it had been, the performance would have been lower. |
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
** | The performance return and the hypothetical $10,000 investment for the J.P. Morgan Emerging Markets Bond+ Index is for the period from 8/31/08 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
28
• | Michael McEachern, CFA |
• | Michael Kirkpatrick |
• | Brian Nold, M.D. |
29
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Seix High Yield Fund | Inception Date† | 1 Year | 3 Year | 5 Year | 10 Year | |||||||||||||||||
A Shares | without sales charge | 12/29/00 | 14.99% | 9.88% | 7.00% | 7.25% | ||||||||||||||||
with sales charge* | 9.54% | 8.10% | 5.97% | 6.73% | ||||||||||||||||||
R SharesÙ | 12/29/00 | 14.61% | 9.14% | 6.21% | 6.84% | |||||||||||||||||
I Shares | 12/29/00 | 15.24% | 9.98% | 7.11% | 7.42% | |||||||||||||||||
Bank of America Merrill Lynch BB-B U.S. High Yield Constrained Index | 13.63% | 10.68% | 7.92% | 7.75% | ||||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
A Shares | 0.75% | |||||||||||||||||||||
R Shares | 1.07% | |||||||||||||||||||||
I Shares | 0.50% | |||||||||||||||||||||
† | The I Shares, A Shares and R Shares were offered beginning on 10/11/04. The performance shown prior to such date is based on the performance of the Class I Shares of the Seix High Yield Fund, an open-end investment company that was the predecessor fund to the Seix High Yield Fund. The historical performance has not been adjusted to reflect A Share or R Share expenses. If it had been, the performance would have been lower. |
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
Ù | Effective at the close of business on 7/31/09, C Shares converted to R Shares and C Shares are no longer available for purchase. The performance shown prior to such date is based on the performance of the C Shares of the Fund and has not been adjusted to reflect R Share expenses. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
30
• | H. Rick Nelson |
• | Chad K. Stephens |
31
Average Annual Total Returns as of 3/31/11 | |||||||||||||||||||
Short-Term Bond Fund | 1 Year | 3 Year | 5 Year | 10 Year | |||||||||||||||
A Shares | without sales charge | 2.18% | 3.23% | 4.02% | 3.23% | ||||||||||||||
with sales charge* | –0.42% | 2.38% | 3.49% | 2.96% | |||||||||||||||
C Shares | without CDSC | 1.36% | 2.42% | 3.20% | 2.61% | ||||||||||||||
with CDSC* | 0.36% | 2.42% | 3.20% | 2.61% | |||||||||||||||
I Shares | 2.28% | 3.42% | 4.22% | 3.44% | |||||||||||||||
Barclays Capital 1-3 Year Government/Credit Index | 2.08% | 3.00% | 4.48% | 4.05% | |||||||||||||||
Citigroup 1-3 Year Government/Credit Index | 2.06% | 3.00% | 4.49% | 4.08% | |||||||||||||||
Prospectus Expense Ratio1 | Gross | ||||||||||||||||||
A Shares | 0.67% | ||||||||||||||||||
C Shares | 1.47% | ||||||||||||||||||
I Shares | 0.47% | ||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 2.50% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
32
• | H. Rick Nelson |
• | Chad K. Stephens |
33
�� | |||||||||||||||||||
Average Annual Total Returns as of 3/31/11 | |||||||||||||||||||
Short-Term U.S. Treasury Securities Fund | 1 Year | 3 Year | 5 Year | 10 Year | |||||||||||||||
A Shares | without sales charge | 0.98% | 1.71% | 3.56% | 2.86% | ||||||||||||||
with sales charge* | –1.52% | 0.86% | 3.04% | 2.60% | |||||||||||||||
C Shares | without CDSC | 0.16% | 0.86% | 2.72% | 2.29% | ||||||||||||||
with CDSC* | –0.82% | 0.86% | 2.72% | 2.29% | |||||||||||||||
I Shares | 1.16% | 1.89% | 3.74% | 3.04% | |||||||||||||||
Barclays Capital 1-3 Year U.S. Treasury Index | 1.71% | 2.24% | 4.13% | 3.66% | |||||||||||||||
Citigroup 1-3 Year Treasury Index | 1.64% | 2.16% | 4.06% | 3.61% | |||||||||||||||
Prospectus Expense Ratio1 | Gross | ||||||||||||||||||
A Shares | 0.72% | ||||||||||||||||||
C Shares | 1.54% | ||||||||||||||||||
I Shares | 0.54% | ||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 2.50% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
34
• | James F. Keegan |
• | Adrien Webb, CFA |
• | Perry Troisi |
• | Michael Rieger |
• | Seth Antiles, Ph.D |
35
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
Total Return Bond Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 4.93% | 6.39% | 6.25% | 5.18% | |||||||||||||
with sales charge* | –0.01% | 4.68% | 5.22% | 4.67% | ||||||||||||||
R Shares† | 4.63% | 6.04% | 5.78% | 4.96% | ||||||||||||||
I Shares† | 5.20% | 6.75% | 6.63% | 5.50% | ||||||||||||||
Barclays Capital U.S. Aggregate Bond Index | 5.12% | 5.30% | 6.03% | 5.56% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 0.59% | |||||||||||||||||
R Shares | 0.92% | |||||||||||||||||
I Shares | 0.35% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
† | The I Shares and R Shares were offered beginning on 10/11/04. The performance shown prior to such date is based on the performance of the Class I Shares of the Seix Core Bond Fund, the predecessor fund to the Total Return Bond Fund. The A Shares were offered beginning on 10/11/04. The performance shown from 1/25/02 to such date is based on the performance of the Class P Shares of the Seix Core Bond Fund. The performance shown prior to 1/25/02 is based on the performance of the Class I Shares of the Seix Core Bond Fund. The historical performance has not been adjusted to reflect A Share or R Share expenses. If it had been, the performance would have been lower. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
36
• | H. Rick Nelson |
• | Chad K. Stephens |
37
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Since | ||||||||||||||||||||||
Ultra-Short Bond Fund | Inception Date | 1 Year | 3 Year | 5 Year | Inception | |||||||||||||||||
I Shares | 04/15/02 | 1.76% | 2.77% | 3.53% | 2.96% | |||||||||||||||||
Barclays Capital 3-6 Month U.S. Treasury Bill Index | 0.25% | 0.78% | 2.51% | 2.30% | * | |||||||||||||||||
Citigroup 6 Month U.S. Treasury Bill Index | 0.20% | 0.73% | 2.34% | 2.18% | * | |||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
I Shares | 0.39% | |||||||||||||||||||||
* | The performance return and the hypothetical $10,000 investment for the Barclays Capital 3-6 Month U.S. Treasury Bill Index and the Citigroup 6 Month U.S. Treasury Bill Index is for the period from 3/31/02 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
38
• | James F. Keegan |
• | Adrien Webb, CFA |
• | Perry Troisi |
• | Michael Rieger |
• | Seth Antiles, Ph.D |
39
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||
U.S. Government Securities Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||
A Shares | without sales charge | 4.18% | 3.59% | 4.79% | 4.20% | |||||||||||||
with sales charge* | –0.80% | 1.92% | 3.77% | 3.70% | ||||||||||||||
C Shares | without CDSC | 3.46% | 2.87% | 4.07% | 3.55% | |||||||||||||
with CDSC* | 2.48% | 2.87% | 4.07% | 3.55% | ||||||||||||||
I Shares | 4.50% | 3.91% | 5.11% | 4.55% | ||||||||||||||
Barclays Capital U.S. Government Index | 4.28% | 3.66% | 5.63% | 5.15% | ||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||
A Shares | 0.89% | |||||||||||||||||
C Shares | 1.58% | |||||||||||||||||
I Shares | 0.58% | |||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 4.75% and Class C Shares reflect the maximum CDSC (contingent deferred sales charge) of 1.00% in year one only. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
40
• | H. Rick Nelson |
• | Chad K. Stephens |
41
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||||
Since | ||||||||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | Inception Date | 1 Year | 3 Year | 5 Year | Inception | |||||||||||||||||
I Shares | 04/11/02 | 1.61% | 3.17% | 4.08% | 3.23% | |||||||||||||||||
Barclays Capital 3-6 Month U.S. Treasury Bill Index | 0.25% | 0.78% | 2.51% | 2.30% | * | |||||||||||||||||
Citigroup 6 Month U.S. Treasury Bill Index | 0.20% | 0.73% | 2.34% | 2.18% | * | |||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||||
I Shares | 0.36% | |||||||||||||||||||||
* | The performance return and the hypothetical $10,000 investment for the Barclays Capital 3-6 Month U.S. Treasury Bill Index and the Citigroup 6 Month U.S. Treasury Bill Index is for the period from 3/31/02 to 3/31/11. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the March 31, 2011 expense ratios can be found in the financial highlights. |
42
• | George E. Calvert, Jr. |
43
Average Annual Total Returns as of 3/31/11 | ||||||||||||||||||||
Virginia Intermediate Municipal Bond Fund | 1 Year | 3 Year | 5 Year | 10 Year | ||||||||||||||||
A Shares | without sales charge | 2.00% | 4.08% | 4.03% | 3.88% | |||||||||||||||
with sales charge* | -2.87% | 2.42% | 3.02% | 3.37% | ||||||||||||||||
I Shares | 2.15% | 4.23% | 4.18% | 3.99% | ||||||||||||||||
Barclays Capital U.S. Municipal Bond 1-15 Year Blend Index | 2.78% | 4.70% | 4.70% | 4.61% | ||||||||||||||||
Prospectus Expense Ratio1 | Gross | |||||||||||||||||||
A Shares | 0.78% | |||||||||||||||||||
I Shares | 0.63% | |||||||||||||||||||
* | Class A Share performance reflects the maximum front-end sales charge of 4.75%. |
1 | This information is included in the most current prospectus available to current and prospective shareholders of the Fund. Additional information pertaining to the 3/31/11 expense ratios can be found in the financial highlights. |
44
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Corporate Bonds (95.0%) | ||||||||
Airlines (1.1%) | ||||||||
American Airlines, Inc., Pass Through Trust, Ser 2011-1, Cl A, 5.250%, 01/31/21 | 449 | 436 | ||||||
Continental Airlines, Inc., Pass Through Trust, Ser 2010-1, Cl A, 4.750%, 01/12/21 | 502 | 492 | ||||||
928 | ||||||||
Auto Manufacturers (0.6%) | ||||||||
PACCAR, Inc., 6.375%, 02/15/12 | 505 | 528 | ||||||
Banks (13.4%) | ||||||||
Goldman Sachs Group, Inc. (The), 6.250%, 02/01/41 | 959 | 955 | ||||||
HSBC Bank PLC, 3.500%, 06/28/15(a) | 1,171 | 1,186 | ||||||
JPMorgan Chase & Co., 4.400%, 07/22/20 | 1,824 | 1,763 | ||||||
JPMorgan Chase & Co., 6.300%, 04/23/19 | 1,506 | 1,667 | ||||||
Morgan Stanley, 7.300%, 05/13/19 | 1,628 | 1,831 | ||||||
Morgan Stanley, Ser F, 6.625%, 04/01/18 | 1,028 | 1,130 | ||||||
Northern Trust Corp., 4.625%, 05/01/14 | 1,627 | 1,757 | ||||||
Wells Fargo & Co., 4.600%, 04/01/21, MTN | 671 | 663 | ||||||
10,952 | ||||||||
Beverages (1.3%) | ||||||||
SABMiller PLC, 6.200%, 07/01/11(a) | 1,012 | 1,025 | ||||||
Biotechnology (0.4%) | ||||||||
Life Technologies Corp., 5.000%, 01/15/21, Callable 10/15/20 @ 100 | 361 | 361 | ||||||
Chemicals (0.7%) | ||||||||
E.I. du Pont de Nemours & Co., 4.250%, 04/01/21 | 601 | 595 | ||||||
Computers (0.4%) | ||||||||
Hewlett-Packard Co., 6.125%, 03/01/14 | 259 | 290 | ||||||
Diversified Financial Services (15.9%) | ||||||||
CME Group, Inc., 5.750%, 02/15/14 | 1,176 | 1,301 | ||||||
ERAC USA Finance LLC, 5.800%, 10/15/12(a) | 588 | 625 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(a) | 1,095 | 1,127 | ||||||
Jefferies Group, Inc., 5.875%, 06/08/14 | 802 | 865 | ||||||
Jefferies Group, Inc., 8.500%, 07/15/19 | 1,118 | 1,319 | ||||||
Lazard Group LLC, 7.125%, 05/15/15 | 269 | 295 | ||||||
Lazard Group LLC, 6.850%, 06/15/17 | 1,545 | 1,645 | ||||||
MassMutual Global Funding LLC, 2.300%, 09/28/15(a) | 843 | 816 | ||||||
NASDAQ OMX Group, Inc. (The), 5.550%, 01/15/20 | 1,217 | 1,192 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15 | 724 | 736 | ||||||
Woodside Finance Ltd., 8.750%, 03/01/19(a) | 2,438 | 3,037 | ||||||
12,958 | ||||||||
Electric (4.8%) | ||||||||
Alabama Power Co., 5.800%, 11/15/13 | 81 | 90 | ||||||
Duke Energy Carolinas LLC, Ser C, 7.000%, 11/15/18 | 291 | 349 | ||||||
Georgia Power Co., 6.000%, 11/01/13 | 480 | 533 | ||||||
MidAmerican Energy Holdings Co., 6.125%, 04/01/36 | 533 | 565 | ||||||
Oncor Electric Delivery, 5.250%, 09/30/40(a) | 435 | 399 | ||||||
Pacific Gas & Electric Co., 6.050%, 03/01/34 | 762 | 794 | ||||||
Southern California Edison Co., 5.750%, 03/15/14 | 1,084 | 1,204 | ||||||
3,934 | ||||||||
Food (1.1%) | ||||||||
Kraft Foods, Inc., 6.500%, 02/09/40 | 606 | 647 | ||||||
Tesco PLC, 5.500%, 11/15/17(a) | 220 | 244 | ||||||
891 | ||||||||
Healthcare-Products (1.6%) | ||||||||
Hospira, Inc., 6.400%, 05/15/15, MTN | 1,144 | 1,284 | ||||||
Insurance (6.4%) | ||||||||
Allied World Assurance Co. Holdings Ltd., 5.500%, 11/15/20 | 618 | 608 | ||||||
Nationwide Mutual Insurance Co., 9.375%, 08/15/39(a) | 1,311 | 1,594 | ||||||
OneBeacon U.S. Holdings, Inc., 5.875%, 05/15/13 | 1,771 | 1,904 |
45
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Insurance—continued | ||||||||
Teachers Insurance & Annuity Association of America, 6.850%, 12/16/39(a) | 994 | 1,121 | ||||||
5,227 | ||||||||
Media (7.8%) | ||||||||
Comcast Corp., 5.150%, 03/01/20 | 636 | 662 | ||||||
Comcast Corp., 6.450%, 03/15/37 | 375 | 384 | ||||||
NBC Universal, Inc., 5.950%, 04/01/41(a) | 962 | 922 | ||||||
News America, Inc., 6.150%, 03/01/37 | 765 | 758 | ||||||
Thomson Reuters Corp., 5.950%, 07/15/13 | 24 | 27 | ||||||
Time Warner Cable, Inc., 8.250%, 02/14/14 | 912 | 1,060 | ||||||
Time Warner Cable, Inc., 5.850%, 05/01/17 | 1,936 | 2,117 | ||||||
Time Warner, Inc., 4.875%, 03/15/20 | 18 | 18 | ||||||
Time Warner, Inc., 6.200%, 03/15/40 | 377 | 374 | ||||||
6,322 | ||||||||
Mining (2.9%) | ||||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(a) | 753 | 794 | ||||||
Barrick PD Australia Finance Property Ltd., 5.950%, 10/15/39 | 816 | 842 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 | 715 | 758 | ||||||
2,394 | ||||||||
Miscellaneous Manufacturer (1.4%) | ||||||||
General Electric Co., 5.250%, 12/06/17 | 455 | 496 | ||||||
Siemens Financieringsmat, 6.125%, 08/17/26(a) | 567 | 639 | ||||||
1,135 | ||||||||
Oil & Gas (5.3%) | ||||||||
Ensco PLC, 4.700%, 03/15/21 | 1,050 | 1,042 | ||||||
Pride International, Inc., 8.500%, 06/15/19 | 1,463 | 1,807 | ||||||
Pride International, Inc., 6.875%, 08/15/20 | 555 | 629 | ||||||
Shell International Finance BV, 5.500%, 03/25/40 | 859 | 871 | ||||||
4,349 | ||||||||
Oil & Gas Services (1.7%) | ||||||||
Baker Hughes, Inc., 5.125%, 09/15/40 | 526 | 499 | ||||||
Weatherford International Ltd., 6.500%, 08/01/36 | 499 | 499 | ||||||
Weatherford International Ltd., 9.625%, 03/01/19 | 273 | 348 | ||||||
1,346 | ||||||||
Pharmaceuticals (3.2%) | ||||||||
Sanofi-Aventis SA, 4.000%, 03/29/21 | 1,413 | 1,390 | ||||||
Teva Pharmaceutical Finance Co. LLC, 6.150%, 02/01/36 | 322 | 351 | ||||||
Teva Pharmaceutical Finance II BV/III LLC, 3.000%, 06/15/15 | 823 | 831 | ||||||
2,572 | ||||||||
Pipelines (5.1%) | ||||||||
El Paso Natural Gas Co., 5.950%, 04/15/17 | 329 | 362 | ||||||
Enbridge Energy Partners LP, 5.500%, 09/15/40 | 714 | 666 | ||||||
Energy Transfer Partners LP, 9.000%, 04/15/19 | 973 | 1,229 | ||||||
Energy Transfer Partners LP, 7.500%, 07/01/38 | 666 | 770 | ||||||
Rockies Express Pipeline LLC, 6.850%, 07/15/18(a) | 251 | 274 | ||||||
Southern Natural Gas Co., 5.900%, 04/01/17(a) | 39 | 43 | ||||||
TransCanada PipeLines Ltd., 6.100%, 06/01/40 | �� | 700 | 735 | |||||
Transcontinental Gas Pipe Line Co. LLC, 6.050%, 06/15/18 | 65 | 73 | ||||||
4,152 | ||||||||
Real Estate Investment Trusts (5.4%) | ||||||||
BioMed Realty LP, 3.850%, 04/15/16 | 648 | 641 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20 | 2,459 | 2,567 | ||||||
Healthcare Realty Trust, Inc., 6.500%, 01/17/17 | 1,116 | 1,230 | ||||||
4,438 | ||||||||
Retail (2.2%) | ||||||||
Family Dollar Stores, Inc., 5.000%, 02/01/21 | 566 | 556 | ||||||
Wesfarmers Ltd., 6.998%, 04/10/13(a) | 1,102 | 1,215 | ||||||
1,771 | ||||||||
46
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Semiconductors (0.3%) | ||||||||
Analog Devices Inc., 3.000%, 04/15/16 | 237 | 236 | ||||||
Telecommunication Services (9.0%) | ||||||||
AT&T, Inc., 5.100%, 09/15/14 | 1,171 | 1,280 | ||||||
AT&T, Inc., 5.800%, 02/15/19 | 1,080 | 1,200 | ||||||
AT&T, Inc., 6.450%, 06/15/34 | 313 | 322 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 7.750%, 05/01/17, Callable 05/01/13 @ 103.88(a) | 1,884 | 2,054 | ||||||
Cellco Partnership/Verizon Wireless Capital LLC, 5.550%, 02/01/14 | 784 | 861 | ||||||
Juniper Networks, Inc., 4.600%, 03/15/21 | 247 | 246 | ||||||
Verizon Communications, Inc., 5.550%, 02/15/16 | 1,155 | 1,283 | ||||||
Verizon Communications, Inc., 5.850%, 09/15/35 | 120 | 119 | ||||||
7,365 | ||||||||
Trucking & Leasing (2.5%) | ||||||||
Aviation Capital Group, 7.125%, 10/15/20(a) | 1,928 | 2,011 | ||||||
Water (0.5%) | ||||||||
Veolia Environment SA, 6.000%, 06/01/18 | 336 | 374 | ||||||
Total Corporate Bonds (Cost $72,343) | 77,438 | |||||||
Money Market Fund (3.8%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(b) | 3,131,024 | 3,131 | ||||||
Total Money Market Fund (Cost $3,131) | 3,131 | |||||||
Total Investments (Cost $75,474)(c) — 98.8% | 80,569 | |||||||
Other assets in excess of liabilities — 1.2% | 954 | |||||||
Net Assets — 100.0% | $ | 81,523 | ||||||
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 23.5% of net assets as of March 31, 2011. | |
(b) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(c) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
47
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Municipal Bonds (95.9%) | ||||||||
Georgia (84.0%) | ||||||||
Association County Commissioners of Georgia Leasing Program, Georgia Public Purpose Project, COP, 5.250%, 04/01/21, Callable 04/01/14 @ 102, XLCA | 2,680 | 2,802 | ||||||
Athens-Clarke County Unified Government Development Authority, Catholic Health East, RB, 6.250%, 11/15/32, Callable 05/15/19 @ 100 | 1,485 | 1,549 | ||||||
Athens-Clarke County Unified Government Water & Sewerage, RB, 5.500%, 01/01/38, Callable 01/01/19 @ 100 | 4,000 | 4,083 | ||||||
Athens-Clarke County Unified Government Water & Sewerage, RB, 5.625%, 01/01/33, Callable 01/01/19 @ 100 | 3,000 | 3,115 | ||||||
Atlanta Airport Passenger Facility Charge, Ser B, RB, 5.000%, 01/01/18 | 500 | 535 | ||||||
Atlanta Airport Passenger Facility Charge, Ser B, RB, 5.000%, 01/01/21, Callable 01/01/20 @ 100 | 2,000 | 2,057 | ||||||
Atlanta Airport Passenger Facility Charge, Ser J, RB, 5.000%, 01/01/34, Callable 01/01/15 @ 100, AGM | 6,500 | 6,088 | ||||||
Atlanta Airport Project, Ser A, RB, 5.375%, 01/01/19, Callable 07/01/14 @ 100 AGM, AMT | 5,000 | 5,189 | ||||||
Atlanta Airport Project, Ser B, RB, 6.000%, 01/01/18, Callable 01/01/11 @ 100.5 NATL-RE/FGIC, AMT | 2,150 | 2,164 | ||||||
Atlanta Airport Project, Ser C, RB, 5.000%, 01/01/19 | 1,000 | 1,078 | ||||||
Barrow County School District, GO, 5.000%, 02/01/18 | 750 | 857 | ||||||
Brunswick Water & Sewer, Refunding & Improvement Project, RB, 6.100%, 10/01/14, NATL-RE, ETM | 1,000 | 1,112 | ||||||
Carroll County Water Authority, Water & Sewer, RB, 5.250%, 07/01/22, Callable 07/01/15 @ 100, AGM | 1,000 | 1,051 | ||||||
Cartersville Development Authority, Sewage & Solid Waste Disposal Facilities, Anheuser-Busch Cos., Inc. Project, RB, 5.500%, 03/01/44, Callable 09/01/12 @ 100, AMT | 5,000 | 4,690 | ||||||
Central Valdosta Development Authority, Lowndes County Judicial Project, RB, 5.250%, 06/01/21, Callable 06/01/13 @ 102, XLCA/County Guaranteed | 1,885 | 1,954 | ||||||
Cherokee County Georgia Resource Recovery Development Authority, Solid Waste Disposal, RB, 5.000%, 07/01/37, Callable 07/01/17 @ 100, AMBAC/County Guaranteed, AMT | 1,000 | 894 | ||||||
Cobb County Development Authority, Solid Waste Disposal, Georgia Waste Management Project, Ser A, RB, 5.000%, 04/01/33, Callable 04/01/16 @ 101, AMT | 1,000 | 878 | ||||||
Coweta County Development Authority, Newnan Water, Sewer & Light Commission, RB, 5.000%, 07/01/25, Prerefunded 07/01/2015 @ 100, NATL-RE | 1,000 | 1,113 | ||||||
DeKalb County Hospital Authority, De Kalb Medical Center, Inc. Project, RB, 6.125%, 09/01/40, Callable 09/01/20 @ 100 | 4,080 | 3,746 | ||||||
DeKalb County Transportation, Parks and Greenspace, GO, 5.000%, 12/01/17, Callable 12/01/15 @ 100 | 3,820 | 4,010 | ||||||
DeKalb Private Hospital Authority, Children’s Healthcare of Atlanta, Inc., RB, 5.000%, 11/15/29, Callable 11/15/19 @ 100 | 5,000 | 4,899 |
48
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Georgia—continued | ||||||||
Douglas County Sales Tax, GO, 5.000%, 08/01/16 | 4,000 | 4,581 | ||||||
Douglasville-Douglas County Water & Sewer Authority, RB, 5.625%, 06/01/15, Callable 06/01/11 @ 100, AMBAC | 870 | 925 | ||||||
Downtown Smyrna Development Authority, RB, 5.250%, 02/01/28 | 1,000 | 1,100 | ||||||
Forsyth County, GO, 5.000%, 03/01/25, Callable 03/01/19 @ 100 | 6,825 | 7,306 | ||||||
Forsyth County Hospital Authority, Baptist Health Care System Project, RB, 6.375%, 10/01/28, ETM | 1,000 | 1,206 | ||||||
Forsyth County School District, GO, 5.000%, 02/01/23, Callable 02/01/15 @ 100, NATL-RE | 3,000 | 3,164 | ||||||
Fulton County Development Authority, Cauley Creek Water Facilities, Ser A, RB, 5.500%, 02/01/17, Callable 02/28/11 @ 100, AMT | 1,310 | 1,312 | ||||||
Fulton County Development Authority, Georgia Tech Athletic Association, RB, 5.500%, 10/01/17, Callable 04/01/12 @ 100 | 1,750 | 1,782 | ||||||
Fulton County Development Authority, Molecular Science Building Project, RB, 5.250%, 05/01/22, Callable 05/01/14 @ 100, NATL-RE | 2,370 | 2,442 | ||||||
Fulton County Development Authority, Molecular Science Building Project, RB, 5.250%, 05/01/27, Callable 05/01/14 @ 100, NATL-RE | 3,375 | 3,418 | ||||||
Fulton County Development Authority, Robert Woodruff Arts Center, Inc., Ser B, RB, 5.250%, 03/15/24, Callable 03/15/19 @ 100 | 1,300 | 1,326 | ||||||
Georgia Municipal Electric Power Authority, RB, ETM, 8.000%, 01/01/15, Callable 02/25/11 @ 100 | 1,900 | 2,278 | ||||||
Georgia State, Ser B, GO, 5.000%, 07/01/18, Callable 07/01/15 @ 100 | 2,695 | 3,002 | ||||||
Georgia State Higher Education Facilities Authority, USG Real Estate Foundation I LLC, RB, 6.000%, 06/15/34, Callable 06/15/18 @ 100 | 1,065 | 1,106 | ||||||
Glynn-Brunswick Memorial Hospital Authority, SouthEast Health System, Ser A, RB, 5.000%, 08/01/20, Callable 08/01/18 @ 100 | 425 | 429 | ||||||
Glynn-Brunswick Memorial Hospital Authority, SouthEast Health System, Ser A, RB, 5.500%, 08/01/28, Callable 08/01/18 @ 100 | 1,800 | 1,730 | ||||||
Glynn-Brunswick Memorial Hospital Authority, SouthEast Health System, Ser A, RB, 5.625%, 08/01/34, Callable 08/01/18 @ 100 | 2,000 | 1,890 | ||||||
Gwinnett County Development Authority, Public Schools Project, COP, 5.250%, 01/01/21, Prerefunded 01/01/2014 @ 100, NATL-RE | 2,910 | 3,255 | ||||||
Gwinnett County School District, GO, 5.000%, 02/01/20 | 1,235 | 1,423 | ||||||
Gwinnett County School District, GO, 5.000%, 02/01/21 | 2,400 | 2,756 | ||||||
Gwinnett County School District, GO, 5.000%, 02/01/26, Prerefunded 02/01/18 @ 100 | 1,500 | 1,719 | ||||||
Gwinnett County School District, GO, 5.000%, 02/01/32, Callable 02/01/18 @ 100 | 1,745 | 1,786 | ||||||
Gwinnett County Water & Sewerage Authority, Ser B, RB, 4.750%, 08/01/14, Callable 08/01/13 @ 100 | 1,350 | 1,462 | ||||||
Henry County Water & Sewerage Authority, RB, 5.000%, 02/01/25, Callable 02/01/21 @ 100 | 1,000 | 1,069 | ||||||
Henry County Water & Sewerage Authority, RB, 6.150%, 02/01/20, AMBAC | 2,100 | 2,442 |
49
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Georgia—continued | ||||||||
Lincoln County School District, GO, 5.500%, 04/01/37, Callable 04/01/19 @ 100, State Aid Withholding | 1,000 | 1,051 | ||||||
Macon-Bibb County Hospital Authority, The Medical Center of Central Georgia, Inc., RB, 5.000%, 08/01/32, Callable 08/01/19 @ 100 | 4,445 | 4,079 | ||||||
Marietta, GO, 5.000%, 01/01/30, Callable 01/01/20 @ 100 | 1,500 | 1,547 | ||||||
Milledgeville & Baldwin County Development Authority, Georgia College & State University Foundation, RB, 6.000%, 09/01/33, Prerefunded 09/01/14 @ 101 | 2,355 | 2,755 | ||||||
Newnan Hospital Authority, Newnan Hospital Project, RB, 5.500%, 01/01/16, Prerefunded 01/01/13 @ 100, NATL-RE | 1,435 | 1,556 | ||||||
Newnan Hospital Authority, Newnan Hospital Project, RB, 5.500%, 01/01/17, Prerefunded 01/01/13 @ 100, NATL-RE | 2,220 | 2,407 | ||||||
Private Colleges & Universities Authority, Emory University, Ser B, RB, 5.000%, 09/01/29, Callable 09/01/19 @ 100 | 3,000 | 3,119 | ||||||
Private Colleges & Universities Authority, Emory University, Ser C, RB, 5.250%, 09/01/39 | 2,000 | 2,013 | ||||||
Richmond County Hospital Authority, University Health Services, Inc. Project, RB, 5.250%, 01/01/29, Callable 01/01/19 @ 100 | 2,250 | 2,086 | ||||||
Richmond County Hospital Authority, University Health Services, Inc. Project, RB, 5.500%, 01/01/36, Callable 01/01/19 @ 100 | 2,500 | 2,289 | ||||||
Thomasville Hospital Authority, John D. Archhold Memorial Hospital, RB, 5.375%, 11/01/40, Callable 11/01/20 @ 100 | 3,510 | 3,132 | ||||||
Valdosta & Lowndes County Hospital Authority, South Georgia Medical Center Project, RB, 5.250%, 10/01/27, Callable 10/01/12 @ 101, AMBAC | 1,610 | 1,563 | ||||||
Walton County School District, Ser A, GO, 5.000%, 08/01/21, Callable 08/01/15 @ 100, NATL-RE | 2,575 | 2,712 | ||||||
139,082 | ||||||||
Puerto Rico (11.9%) | ||||||||
Commonwealth of Puerto Rico, GO, 5.250%, 07/01/20, AGM | 1,535 | 1,588 | ||||||
Puerto Rico Commonwealth Highway & Transportation Authority Highway, Ser CC, RB, 5.500%, 07/01/30 | 5,685 | 5,394 | ||||||
Puerto Rico Electric Power Authority, RB, 5.750%, 07/01/36, Callable 07/01/20 @ 100 | 2,415 | 2,257 | ||||||
Puerto Rico Electric Power Authority, Ser XX, RB, 5.250%, 07/01/40, Callable 07/01/20 @ 100 | 2,750 | 2,366 | ||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Ser A, RB, 5.250%, 08/01/27, Callable 08/01/19 @ 100 | 1,965 | 1,923 | ||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Ser A, RB, 5.250%, 08/01/57, Callable 08/01/17 @ 100 | 1,600 | 1,486 | ||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Ser A, RB, 5.500%, 08/01/28, Callable 08/01/19 @ 100 | 2,300 | 2,269 | ||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Ser A, RB, 6.000%, 08/01/42, Callable 08/01/19 @ 100 | 2,335 | 2,296 | ||||||
19,579 | ||||||||
Total Municipal Bonds (Cost $159,941) | 158,661 | |||||||
50
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Money Market Fund (3.3%) | ||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.09%(a) | 5,507,509 | 5,508 | ||||||
Total Money Market Fund (Cost $5,508) | 5,508 | |||||||
Total Investments (Cost $165,449)(b) — 99.2% | 164,169 | |||||||
Other assets in excess of liabilities — 0.8% | 1,384 | |||||||
Net Assets — 100.0% | $ | 165,553 | ||||||
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
AGM | — Security guaranteed by Assured Guaranty Municipal Corporation | |
AMBAC | — Security guaranteed by American Municipal Bond Assurance Corporation | |
AMT | — Income subject to Alternative Minimum Tax | |
COP | — Certificate of Participation | |
ETM | — Escrowed to Maturity | |
FGIC | — Security guaranteed by Financial Guaranty Insurance Company | |
GO | — General Obligation | |
NATL-RE | — Reinsurance provided by National Public Finance Guarantee Corporation | |
RB | — Revenue Bond | |
XLCA | — Security guaranteed by XL Capital Assurance, Inc. |
51
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Municipal Bonds (87.0%) | ||||||||
Alabama (3.7%) | ||||||||
Birmingham Special Care Facilities Financing Authority Health Care Facilities, Children’s Hospital of Alabama, RB, 6.000%, 06/01/39, Callable 06/01/19 @ 100, AGC | 2,000 | 2,067 | ||||||
Alaska (5.9%) | ||||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 5.500%, 09/01/23, Callable 09/01/19 @ 100, AGC | 1,000 | 1,089 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/28, Callable 09/01/19 @ 100, AGC | 2,000 | 2,182 | ||||||
3,271 | ||||||||
California (3.9%) | ||||||||
California State, GO, 6.500%, 04/01/33, Callable 04/01/19 @ 100 | 2,000 | 2,145 | ||||||
District of Columbia (3.9%) | ||||||||
District of Columbia, Income Tax, Ser A, RB, 5.500%, 12/01/30, Callable 12/01/19 @ 100 | 2,000 | 2,139 | ||||||
Florida (10.6%) | ||||||||
Florida State Board of Education, Capital Outlay, Public Education Project, Ser C, GO, 5.000%, 06/01/16 | 2,000 | 2,270 | ||||||
Miami Parking Facilities Authority, RB, 5.250%, 10/01/15, NATL-RE | 1,000 | 1,085 | ||||||
Miami-Dade County Public Facilities, Jackson Health System, RB, 5.750%, 06/01/39, Callable 06/01/19 @ 100, AGC | 1,500 | 1,497 | ||||||
Osceola County Tourist Development Tax Authority, Ser A, RB, 5.500%, 10/01/15, Callable 10/01/12 @ 100, NATL-RE/FGIC | 1,000 | 1,044 | ||||||
5,896 | ||||||||
Georgia (9.4%) | ||||||||
Fulton County Development Authority, Georgia Tech Athletic Association, RB, 5.750%, 10/01/36, Callable 04/01/21 @ 100 | 1,250 | 1,230 | ||||||
Georgia State Road & Tollway Authority, Ser A, RB, 5.000%, 03/01/20 | 2,000 | 2,299 | ||||||
Gwinnett County Development Authority, RB, 5.000%, 09/01/22, Callable 09/01/20 @ 100 | 1,540 | 1,710 | ||||||
5,239 | ||||||||
Idaho (4.8%) | ||||||||
Idaho Health Facilities Authority, Ser A, RB, 6.750%, 11/01/37, Callable 11/01/18 @ 100 | 2,500 | 2,660 | ||||||
Illinois (1.8%) | ||||||||
University of Illinois, Auxiliary Facilities System, Ser A, RB, 5.750%, 04/01/38, Callable 04/01/19 @ 100 | 1,000 | 1,011 | ||||||
Kansas (2.8%) | ||||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, RB, 5.750%, 11/15/38, Callable 11/15/19 @ 100 | 1,500 | 1,542 | ||||||
Maine (4.7%) | ||||||||
Maine State Turnpike Authority, RB, 6.000%, 07/01/38, Callable 07/01/19 @ 100 | 2,500 | 2,640 | ||||||
New Jersey (5.6%) | ||||||||
New Jersey Educational Facilities Authority, Higher Education Capital Improvement Fund, Ser A, RB, 5.000%, 09/01/16, Callable 09/01/15 @ 100, AGM | 1,000 | 1,061 | ||||||
New Jersey State Transportation Trust Fund Authority, Transportation System, Ser A, RB, 6.000%, 12/15/38, Prerefunded 12/15/18 @ 100 | 1,955 | 2,067 | ||||||
3,128 | ||||||||
52
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
New York (4.7%) | ||||||||
Erie County Industrial Development Agency, City School District Buffalo, Ser A, RB, 5.750%, 05/01/29, Callable 05/01/18 @ 100, BHAC | 1,000 | 1,068 | ||||||
Metropolitan Transportation Authority, New York Dedicated Tax Fund, Ser A, RB, 5.000%, 11/15/21, Callable 11/15/16 @ 100, NATL-RE | 1,475 | 1,558 | ||||||
2,626 | ||||||||
North Carolina (2.8%) | ||||||||
North Carolina State, Capital Improvement Limited Obligation, Ser A, RB, 5.000%, 05/01/15 | 1,390 | 1,568 | ||||||
Ohio (2.0%) | ||||||||
Ohio State Building Authority, RB, 5.000%, 04/01/17, AGM | 1,000 | 1,088 | ||||||
Pennsylvania (4.5%) | ||||||||
Allegheny County Port Authority, RB, 5.000%, 03/01/26, Callable 03/01/21 @ 100 | 2,500 | 2,487 | ||||||
Texas (12.7%) | ||||||||
Dallas Independent School District, GO, 6.375%, 02/15/34, Callable 02/15/18 @ 100 | 4,000 | 4,491 | ||||||
Harris County Health Facilities Development Authority, Memorial Hermann Healthcare System, Ser B, RB, 7.125%, 12/01/31, Callable 12/01/18 @ 100 | 1,000 | 1,080 | ||||||
Texas State Public Finance Authority, Charter School Finance Corp., Cosmos Foundation, Inc., Ser Q, RB, Taxable, 8.125%, 02/15/27 | 1,500 | 1,498 | ||||||
7,069 | ||||||||
Washington (3.2%) | ||||||||
Seattle Washington Municipal Light & Power, RB, 5.750%, 04/01/29, Callable 04/01/19 @ 100, BHAC | 1,635 | 1,788 | ||||||
Total Municipal Bonds (Cost $47,097) | 48,364 | |||||||
Money Market Fund (12.5%) | ||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.09%(a) | 6,944,164 | 6,944 | ||||||
Total Money Market Fund (Cost $6,944) | 6,944 | |||||||
Total Investments (Cost $54,041)(b) — 99.5% | 55,308 | |||||||
Other assets in excess of liabilities — 0.5% | 301 | |||||||
Net Assets — 100.0% | $ | 55,609 | ||||||
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
AGC | — Security guaranteed by Assured Guaranty Corporation | |
AGM | — Security guaranteed by Assured Guaranty Municipal Corporation | |
BHAC | — Security guaranteed by Berkshire Hathaway Assurance Corporation | |
FGIC | — Security guaranteed by Financial Guaranty Insurance Company | |
GO | — General Obligation | |
NATL-RE | — Reinsurance provided by National Public Finance Guarantee Corporation | |
RB | — Revenue Bond |
53
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Bank Loans (4.3%) | ||||||||
Aerospace/Defense (0.3%) | ||||||||
Hawker Beechcraft Acquisition Co. LLC, 2.246%-2.307%, 03/26/14(a)(b) | 906 | 798 | ||||||
Hawker Beechcraft Acquisition Co. LLC, 2.300%, 03/26/14(a)(b) | 56 | 49 | ||||||
Hawker Beechcraft Acquisition Co. LLC, 10.500%, 03/26/14(a)(b) | 790 | 801 | ||||||
1,648 | ||||||||
Diversified Financial Services (0.3%) | ||||||||
American Capital Holdings, Inc., 7.500%, 12/31/13(a)(b) | 598 | 599 | ||||||
East Valley Tourist Development Authority, 12.000%, 08/06/12(b)(c)(d)(e) | 765 | 639 | ||||||
1,238 | ||||||||
Electric (0.3%) | ||||||||
Texas Competitive Electric Holdings Co. LLC, 3.746%-3.800%, 10/10/14(a)(b) | 1,690 | 1,423 | ||||||
Energy (2.3%) | ||||||||
Aventine Renewable Energy Holdings, Inc., 10.500%, 12/21/15(a)(b) | 10,880 | 10,819 | ||||||
Media (0.5%) | ||||||||
Clear Channel Communications, Inc., 3.896%, 01/28/16(a)(b) | 559 | 492 | ||||||
Tribune Co., 5.250%, 06/04/14(a)(b) | 3,000 | 2,087 | ||||||
2,579 | ||||||||
Telecommunication Services (0.6%) | ||||||||
Intelsat Jackson Holdings SA, 5.250%, 04/02/18(a)(b) | 2,000 | 2,011 | ||||||
Vonage Holdings Corp., 9.750%-10.250%, 12/08/15(a)(b) | 925 | 924 | ||||||
2,935 | ||||||||
Total Bank Loans (Cost $20,435) | 20,642 | |||||||
Corporate Bonds (82.7%) | ||||||||
Advertising (0.8%) | ||||||||
Affinion Group, Inc., 7.875%, 12/15/18, Callable 12/15/14 @ 103.94(a) | 1,230 | 1,156 | ||||||
Affinion Group, Inc., 11.500%, 10/15/15, Callable 05/27/11 @ 105.75 | 1,500 | 1,583 | ||||||
Checkout Holding Corp., 0.000%, 11/15/15, Callable 05/15/11 @ 64.12(a) | 1,890 | 1,231 | ||||||
3,970 | ||||||||
Aerospace/Defense (1.1%) | ||||||||
DAE Aviation Holdings, Inc., 11.250%, 08/01/15, Callable 08/01/11 @ 105.62(a) | 1,000 | 1,058 | ||||||
Kratos Defense & Security Solutions, Inc., 10.000%, 06/01/17, Callable 06/01/14 @ 105(a) | 2,400 | 2,646 | ||||||
Kratos Defense & Security Solutions, Inc., 10.000%, 06/01/17, Callable 06/01/14 @ 105 | 375 | 413 | ||||||
Triumph Group, Inc., 8.625%, 07/15/18, Callable 07/15/14 @ 104.31 | 1,200 | 1,323 | ||||||
5,440 | ||||||||
Airlines (3.0%) | ||||||||
Air Canada Inc., 9.250%, 08/01/15, Callable 08/01/12 @ 106.94(a) | 1,000 | 1,043 | ||||||
American Airlines, Inc., 7.500%, 03/15/16, Callable 03/15/13 @ 105.62(a) | 6,665 | 6,590 | ||||||
Delta Air Lines, Inc., 9.500%, 09/15/14, Callable 9/15/11 @ 107.12(a)(f) | 2,425 | 2,577 | ||||||
Delta Air Lines, Inc., 12.250%, 03/15/15, Callable 03/15/12 @ 108.81(a) | 1,185 | 1,327 | ||||||
Delta Air Lines, Inc., Ser 011B, 7.711%, 09/18/11 | 905 | 921 | ||||||
United Air Lines, Inc., 12.000%, 11/01/13, Callable 2/01/12 @ 109(a)(f) | 2,000 | 2,172 | ||||||
14,630 | ||||||||
54
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Auto Manufacturers (3.3%) | ||||||||
Motors Liquidation Co., 7.200%, 01/15/11(c)(g) | 17,182 | 4,940 | ||||||
Motors Liquidation Co., 8.375%, 07/15/33(c)(g) | 36,800 | 10,948 | ||||||
15,888 | ||||||||
Auto Parts & Equipment (1.1%) | ||||||||
Exide Technologies, 8.625%, 02/01/18, Callable 02/01/15 @ 104.31(a) | 1,190 | 1,270 | ||||||
Tower Automotive Holdings USA LLC / TA Holdings Finance, Inc., 10.625%, 09/01/17, Callable 09/01/14 @ 105.31(a) | 540 | 602 | ||||||
Uncle Acquisition 2010 Corp., 8.625%, 02/15/19, Callable 02/15/15 @ 104.31(a) | 900 | 945 | ||||||
Visteon Corp., 6.750%, 04/15/19, Callable 04/15/14 @ 105.06 | 2,700 | 2,700 | ||||||
5,517 | ||||||||
Banks (6.5%) | ||||||||
Ally Financial, Inc., 4.500%, 02/11/14 | 8,000 | 8,000 | ||||||
Ally Financial, Inc., 8.000%, 11/01/31(f) | 1,025 | 1,117 | ||||||
CapitalSource, Inc., 12.750%, 07/15/14(a) | 585 | 704 | ||||||
CIT Group, Inc., 5.250%, 04/01/14(a) | 5,800 | 5,836 | ||||||
CIT Group, Inc., 7.000%, 05/01/14, Callable 05/27/11 @ 102 | 255 | 260 | ||||||
CIT Group, Inc., 7.000%, 05/01/15, Callable 05/27/11 @ 102 | 550 | 555 | ||||||
CIT Group, Inc., 7.000%, 05/01/16, Callable 05/27/11 @ 102(f) | 2,465 | 2,468 | ||||||
CIT Group, Inc., 7.000%, 05/01/17, Callable 05/27/11 @ 102(f) | 10,490 | 10,503 | ||||||
Provident Funding Associates LP / PFG Finance Corp., 10.125%, 02/15/19, Callable 02/15/15 @ 105.06(a) | 1,645 | 1,717 | ||||||
31,160 | ||||||||
Biotechnology (0.3%) | ||||||||
STHI Holding Corp., 8.000%, 03/15/18, Callable 03/15/14 @ 106.00(a) | 1,200 | 1,242 | ||||||
Building Materials (0.2%) | ||||||||
USG Corp., 8.375%, 10/15/18, Callable 10/15/14 @ 104.19(a) | 855 | 893 | ||||||
Chemicals (0.9%) | ||||||||
Chemtura Corp., 7.875%, 09/01/18, Callable 9/01/14 @ 103.94(a) | 680 | 719 | ||||||
INEOS Finance PLC, 9.000%, 05/15/15, Callable 05/15/13 @ 104.50(a) | 480 | 524 | ||||||
Rain CII Carbon LLC, 8.000%, 12/01/18, Callable 12/01/14 @ 104(a) | 1,500 | 1,605 | ||||||
Vertellus Specialties, Inc., 9.375%, 10/01/15, Callable 04/01/13 @ 104.69(a) | 1,500 | 1,605 | ||||||
4,453 | ||||||||
Commercial Services (0.6%) | ||||||||
Avis Budget Car Rental LLC, 9.625%, 03/15/18, Callable 03/15/14 @ 104.81 | 660 | 729 | ||||||
Geo Group, Inc. (The), 6.625%, 02/15/21, Callable 02/15/16 @ 103.31(a) | 1,030 | 1,020 | ||||||
National Money Mart Co., 10.375%, 12/15/16, Callable 12/15/13 @ 105.19 | 155 | 173 | ||||||
PHH Corp., 9.250%, 03/01/16(a) | 935 | 1,017 | ||||||
2,939 | ||||||||
Cosmetics/Personal Care (0.2%) | ||||||||
Revlon Consumer Products Corp., 9.750%, 11/15/15, Callable 11/15/12 @ 104.88 | 815 | 882 | ||||||
Diversified Financial Services (7.3%) | ||||||||
American General Finance Corp., Ser H, 5.375%, 10/01/12 | 205 | 202 | ||||||
American General Finance Corp., Ser I, 5.400%, 12/01/15 | 110 | 100 | ||||||
E*Trade Financial Corp. PIK, 12.500%, 11/30/17, Callable 11/30/12 @ 112.50 | 3,296 | 3,931 |
55
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Diversified Financial Services—continued | ||||||||
FireKeepers Development Authority, 13.875%, 05/01/15, Callable 05/01/12 @ 110.50(a) | 2,265 | 2,684 | ||||||
Ford Motor Credit Co. LLC, 5.750%, 02/01/21 | 3,810 | 3,762 | ||||||
Icahn Enterprises Finance Corp., 8.000%, 01/15/18, Callable 01/15/14 @ 104 | 8,070 | 8,292 | ||||||
International Lease Finance Corp., 8.250%, 12/15/20 | 2,330 | 2,554 | ||||||
International Lease Finance Corp., 9.000%, 03/15/17(a) | 1,145 | 1,288 | ||||||
Northern Tier Energy LLC / Northern Tier Finance Corp., 10.500%, 12/01/17, Callable 12/01/13 @ 107.88(a) | 1,330 | 1,506 | ||||||
Nuveen Investments, Inc., 10.500%, 11/15/15, Callable 11/15/11 @ 105.25(a) | 955 | 977 | ||||||
Offshore Group Investments Ltd., 11.500%, 08/01/15, Callable 02/01/13 @ 108.62(f) | 2,640 | 2,930 | ||||||
Provident Funding Association LP, 10.250%, 04/15/17, Callable 04/15/14 @ 105.13(a) | 440 | 491 | ||||||
Regions Financial Corp., 5.750%, 06/15/15 | 630 | 642 | ||||||
Springleaf Finance Corp., 6.900%, 12/15/17, MTN(f) | 6,050 | 5,528 | ||||||
SquareTwo Financial Corp., 11.625%, 04/01/17, Callable 04/01/14 @ 105.81(a) | 120 | 122 | ||||||
35,009 | ||||||||
Electric (8.1%) | ||||||||
Calpine Corp., 7.500%, 02/15/21, Callable 11/01/15 @ 103.75(a) | 4,165 | 4,311 | ||||||
Calpine Corp., 7.875%, 07/31/20, Callable 7/31/15 @ 103.94(a) | 1,540 | 1,636 | ||||||
Edison Mission Energy, 7.200%, 05/15/19 | 2,235 | 1,743 | ||||||
Edison Mission Energy, 7.750%, 06/15/16(g) | 8,150 | 6,927 | ||||||
Energy Future Holdings Corp., 10.000%, 01/15/20, Callable 01/15/15 @ 105(a) | 500 | 530 | ||||||
Energy Future Intermediate Holding Co. LLC / EFIH Finance, Inc., 10.000%, 12/01/20, Callable 12/01/15 @ 105 | 5,895 | 6,247 | ||||||
GenOn Energy, Inc., 9.875%, 10/15/20, Callable 10/15/15 @ 104.94(a)(g) | 5,000 | 5,225 | ||||||
GenOn Escrow Corp., 9.500%, 10/15/18(a) | 3,950 | 4,108 | ||||||
Midwest Generation LLC, Ser B, 8.560%, 01/02/16 | 754 | 769 | ||||||
NRG Energy, Inc., 7.625%, 01/15/18(a)(f) | 7,065 | 7,330 | ||||||
Sithe/Independence Funding Corp., Ser A, 9.000%, 12/30/13 | 138 | 141 | ||||||
38,967 | ||||||||
Electronics (0.1%) | ||||||||
Viasystems Group, Inc., 12.000%, 01/15/15, Callable 07/15/12 @ 106(a) | 250 | 282 | ||||||
Engineering & Construction (0.2%) | ||||||||
Aguila 3 SA, 7.875%, 01/31/18, Callable 01/31/14 @ 105.91(a) | 875 | 892 | ||||||
Entertainment (1.9%) | ||||||||
Diamond Resorts Corp., 12.000%, 08/15/18, Callable 08/15/14 @ 106(a) | 4,720 | 5,050 | ||||||
Marina District Finance Co., Inc., 9.500%, 10/15/15, Callable 10/15/13 @ 104.75(a)(g) | 295 | 309 | ||||||
Marina District Finance Co., Inc., 9.875%, 08/15/18, Callable 08/15/14 @ 104.94(a)(g) | 400 | 419 | ||||||
Pinnacle Entertainment, Inc., 8.750%, 05/15/20, Callable 05/15/15 @ 104.38 | 750 | 780 | ||||||
Regal Entertainment Group, 9.125%, 08/15/18, Callable 08/15/14 @ 104.56 | 2,500 | 2,675 | ||||||
9,233 | ||||||||
Environmental Control (0.3%) | ||||||||
EnergySolutions, Inc., 10.750%, 08/15/18, Callable 08/15/14 @ 105.38(a) | 1,100 | 1,221 | ||||||
56
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Food (0.3%) | ||||||||
Bumble Bee Acquisition Corp., 9.000%, 12/15/17, Callable 12/15/14 @ 104(a) | 875 | 910 | ||||||
Dean Foods Co., 7.000%, 06/01/16(g) | 485 | 463 | ||||||
1,373 | ||||||||
Forest Products&Paper (0.7%) | ||||||||
NewPage Corp., 11.375%, 12/31/14, Callable 03/31/12 @ 105 | 1,415 | 1,417 | ||||||
Verso Paper Holdings LLC / Verso Paper, Inc., 8.750%, 02/01/19, Callable 02/01/15 @ 104.38(a) | 1,695 | 1,763 | ||||||
3,180 | ||||||||
Gas (0.3%) | ||||||||
Sabine Pass LNG LP, 7.500%, 11/30/16 | 1,565 | 1,608 | ||||||
Healthcare — Products (1.7%) | ||||||||
Rotech Healthcare, Inc., 10.500%, 03/15/18, Callable 03/15/15 @ 105.25(a) | 3,665 | 3,628 | ||||||
Rotech Healthcare, Inc., 10.750%, 10/15/15, Callable 04/15/13 @ 105.38(a) | 3,815 | 4,168 | ||||||
Universal Hospital Services, Inc., PIK, 8.500%, 06/01/15, Callable 06/01/11 @ 104.25 | 360 | 376 | ||||||
8,172 | ||||||||
Healthcare — Services (2.8%) | ||||||||
American Renal Holdings Co., Inc., 8.375%, 05/15/18, Callable 05/15/13 @ 104.19 | 2,335 | 2,463 | ||||||
Apria Healthcare Group, Inc., 11.250%, 11/01/14, Callable 11/01/11 @ 105.62 | 500 | 539 | ||||||
Gentiva Health Services, Inc., 11.500%, 09/01/18, Callable 09/01/14 @ 105.75 | 250 | 283 | ||||||
MedImpact Holdings, Inc., 10.500%, 02/01/18, Callable 02/01/15 @ 105.25(a) | 7,270 | 7,688 | ||||||
Vanguard Health Systems, Inc., 0.000%, 02/01/16(a) | 4,000 | 2,540 | ||||||
13,513 | ||||||||
Holding Companies-Divers (0.2%) | ||||||||
Atlantic Broadband Finance LLC, 9.375%, 01/15/14, Callable 05/27/11 @ 101.56 | 725 | 736 | ||||||
Household Products/Wares (1.3%) | ||||||||
Reynolds Group Issuer, Inc., 8.250%, 02/15/21, Callable 02/15/16 @ 104.13(a) | 6,400 | 6,336 | ||||||
Insurance (1.3%) | ||||||||
American International Group, Inc., 8.175%, 05/15/68, Callable 05/15/38 @ 100(b) | 300 | 323 | ||||||
Genworth Financial, Inc., 6.150%, 11/15/66, Callable 11/15/16 @ 100(b) | 1,530 | 1,209 | ||||||
Hartford Financial Services Group, Inc., 8.125%, 06/15/38, Callable 06/15/18 @ 100(b) | 540 | 591 | ||||||
Lincoln National Corp., 6.050%, 04/20/67, Callable 04/20/17 @ 100(b) | 425 | 397 | ||||||
Lincoln National Corp., 7.000%, 05/17/66, Callable 05/17/16 @ 100(b) | 75 | 75 | ||||||
MBIA, Inc., 5.700%, 12/01/34 | 2,025 | 1,372 | ||||||
MBIA, Inc., 6.625%, 10/01/28(g) | 2,650 | 2,137 | ||||||
6,104 | ||||||||
Internet (2.0%) | ||||||||
Level 3 Communications, Inc., 11.875%, 02/01/19, Callable 02/01/15 @ 105.94(a)(g) | 6,740 | 6,352 | ||||||
UPC Holding BV, 9.875%, 04/15/18, Callable 04/15/14 @ 104.94(a) | 150 | 166 | ||||||
Zayo Group LLC, 10.250%, 03/15/17, Callable 03/15/13 @ 105.13 | 2,600 | 2,860 | ||||||
9,378 | ||||||||
Iron/Steel (1.0%) | ||||||||
APERAM, 7.375%, 04/01/16, Callable 10/01/13 @ 103.69(a) | 750 | 763 | ||||||
APERAM, 7.750%, 04/01/18, Callable 04/01/15 @ 103.88(a) | 750 | 765 |
57
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Iron/Steel—continued | ||||||||
JMC Steel Group, 8.250%, 03/15/18, Callable 03/15/14 @ 106.19(a) | 2,975 | 3,042 | ||||||
4,570 | ||||||||
Leisure Time (0.2%) | ||||||||
ClubCorp Club Operations, Inc., 10.000%, 12/01/18, Callable 12/01/14 @ 105(a) | 1,000 | 1,005 | ||||||
Lodging (1.9%) | ||||||||
Caesars Entertainment Operating Co., Inc., 10.000%, 12/15/18, Callable 12/15/13 @ 105 | 1,000 | 913 | ||||||
MCE Finance Ltd., 10.250%, 05/15/18, Callable 05/15/14 @ 105.13 | 675 | 782 | ||||||
MGM Resorts International, 10.375%, 05/15/14 | 270 | 309 | ||||||
MTR Gaming Group, Inc., Ser B, 12.625%, 07/15/14, Callable 07/15/11 @ 106.31 | 5,930 | 6,316 | ||||||
Wynn Las Vegas LLC, 7.750%, 08/15/20, Callable 08/15/15 @ 103.88 | 590 | 625 | ||||||
8,945 | ||||||||
Machinery-Diversified (0.4%) | ||||||||
Chart Industries, Inc., 9.125%, 10/15/15, Callable 05/27/11 @ 104.56 | 870 | 887 | ||||||
Manitowoc Co., Inc. (The), 8.500%, 11/01/20, Callable 11/01/15 @ 104.25 | 790 | 847 | ||||||
Terex Corp., 10.875%, 06/01/16, Callable 06/01/13 @ 105.44 | 200 | 233 | ||||||
1,967 | ||||||||
Media (0.6%) | ||||||||
CCO Holdings LLC / Cap Corp., 7.875%, 04/30/18, Callable 04/30/13 @ 105.91 | 735 | 781 | ||||||
Clear Channel Worldwide Holdings, Inc., Series REGS, 9.250%, 12/15/17, Callable 12/15/12 @ 106.94 | 215 | 235 | ||||||
Insight Communications, Inc., 9.375%, 07/15/18, Callable 07/15/13 @ 107.03(a) | 1,330 | 1,476 | ||||||
Sirius XM Radio, Inc., 9.750%, 09/01/15, Callable 09/01/12 @ 104.88(a) | 450 | 507 | ||||||
2,999 | ||||||||
Mining (0.5%) | ||||||||
Novelis, Inc., 8.375%, 12/15/17, Callable 12/15/13 @ 106.28(a) | 400 | 433 | ||||||
Novelis, Inc., 8.750%, 12/15/20, Callable 12/15/15 @ 104.38(a) | 1,210 | 1,331 | ||||||
Teck Cominco Ltd., 6.125%, 10/01/35 | 530 | 544 | ||||||
2,308 | ||||||||
Miscellaneous Manufacturer (0.4%) | ||||||||
Amsted Industries, Inc., 8.125%, 03/15/18, Callable 03/15/14 @ 104.06(a) | 650 | 693 | ||||||
Griffon Corp., 7.125%, 04/01/18, Callable 04/01/14 @ 105.34(a) | 1,210 | 1,231 | ||||||
1,924 | ||||||||
Oil & Gas (5.1%) | ||||||||
American Petroleum Tankers LLC, 10.250%, 05/01/15, Callable 05/01/12 @ 105.13(a) | 500 | 526 | ||||||
CITGO Petroleum Corp., 11.500%, 07/01/17, Callable 07/01/14 @ 105.75(a) | 2,475 | 2,884 | ||||||
Coffeyville Resources LLC, 9.000%, 04/01/15, Callable 04/01/12 @ 106.75(a) | 482 | 524 | ||||||
Coffeyville Resources LLC, 10.875%, 04/01/17, Callable 04/01/13 @ 108.16(a) | 2,300 | 2,616 | ||||||
Comstock Resources, Inc., 7.750%, 04/01/19, Callable 04/01/15 @ 103.88 | 2,160 | 2,198 | ||||||
Energy Partners Ltd., 8.250%, 02/15/18, Callable 02/15/15 @ 104.13(a) | 890 | 886 | ||||||
Linn Energy LLC/Finance Corp., 7.750%, 02/01/21, Callable 09/15/15 @ 103.88(a) | 1,100 | 1,174 | ||||||
Linn Energy LLC/Finance Corp., 8.625%, 04/15/20, Callable 04/15/15 @ 104.31(a) | 855 | 949 |
58
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Oil & Gas—continued | ||||||||
Oasis Petroleum, Inc., 7.250%, 02/01/19, Callable 02/01/15 @ 103.63(a) | 600 | 608 | ||||||
RDS Ultra-Deepwater Ltd., 11.875%, 03/15/17, Callable 03/15/14 @ 105.94(a) | 750 | 821 | ||||||
United Refining Co., 10.500%, 02/28/18, Callable 02/28/15 @ 105.25(a) | 11,010 | 10,941 | ||||||
Western Refining, Inc., 11.250%, 06/15/17, Callable 06/15/13 @ 105.62(a) | 340 | 384 | ||||||
24,511 | ||||||||
Oil & Gas Services (0.3%) | ||||||||
Exterran Holdings, Inc., 7.250%, 12/01/18, Callable 12/01/13 @ 105.44(a) | 1,580 | 1,612 | ||||||
Packaging & Containers (0.5%) | ||||||||
Ardagh Packaging Finance PLC, 7.375%, 10/15/17, Callable 10/15/14 @ 103.69(a) | 600 | 642 | ||||||
Ardagh Packaging Finance PLC, 9.125%, 10/15/20, Callable 10/15/15 @ 104.56(a) | 1,200 | 1,299 | ||||||
Plastipak Holdings, Inc., 10.625%, 08/15/19, Callable 08/15/14 @ 105.31(a) | 285 | 325 | ||||||
Smurfit-Stone Container Corp., 8.000%, 03/15/17 | 2,230 | 161 | ||||||
Smurfit-Stone Container Corp., 8.250%, 10/01/12 | 2,465 | 182 | ||||||
2,609 | ||||||||
Pharmaceuticals (2.5%) | ||||||||
ConvaTec Healthcare, 10.500%, 12/15/18, Callable 12/15/14 @ 105.25(a) | 10,920 | 11,466 | ||||||
PharmaNet Development Group, Inc., 10.875%, 04/15/17, Callable 04/15/14 @ 105.44(a) | 600 | 660 | ||||||
12,126 | ||||||||
Pipelines (1.5%) | ||||||||
Copano Energy LLC, 8.125%, 03/01/16, Callable 05/06/11 @ 104.06 | 170 | 177 | ||||||
Dynegy Holdings, Inc., 7.500%, 06/01/15 | 1,525 | 1,283 | ||||||
Dynegy Holdings, Inc., 7.750%, 06/01/19(f) | 5,975 | 4,638 | ||||||
Genesis Energy LP, 7.875%, 12/15/18, Callable 12/15/14 @ 103.94(a) | 860 | 869 | ||||||
6,967 | ||||||||
Real Estate (0.1%) | ||||||||
Kennedy-Wilson, Inc., 8.750%, 04/01/19, Callable 04/01/15 @ 104.38 | 400 | 397 | ||||||
Real Estate Investment Trusts (0.5%) | ||||||||
Reckson Operating Partnership LP, 7.750%, 03/15/20 | 935 | 1,050 | ||||||
Rouse Co. LP (The), 6.750%, 11/09/15, Callable 05/09/13 @ 103.38 | 1,145 | 1,191 | ||||||
2,241 | ||||||||
Retail (0.7%) | ||||||||
Chinos Acquisition Corp., 8.125%, 03/01/19, Callable 03/01/14 @ 104.06(a)(g) | 800 | 785 | ||||||
Claire’s Stores, Inc., 8.875%, 03/15/19, Callable 03/15/15 @ 104.44(a)(g) | 890 | 850 | ||||||
Sears Holdings Corp., 6.625%, 10/15/18(a) | 2,025 | 1,964 | ||||||
3,599 | ||||||||
Semiconductors (0.5%) | ||||||||
Advanced Micro Devices, Inc., 8.125%, 12/15/17, Callable 12/15/13 @ 104.06 | 1,090 | 1,134 | ||||||
MEMC Electronic Materials, Inc., 7.750%, 04/01/19, Callable 04/01/14 @ 105.81(a) | 1,400 | 1,433 | ||||||
2,567 | ||||||||
Shipbuilding (1.8%) | ||||||||
Huntington Ingalls Industries, Inc., 6.875%, 03/15/18, Callable 03/15/15 @ 103.44(a) | 3,910 | 4,081 | ||||||
Huntington Ingalls Industries, Inc., 7.125%, 03/15/21, Callable 03/15/16 @ 103.56(a) | 4,575 | 4,769 | ||||||
8,850 | ||||||||
59
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Software (0.8%) | ||||||||
First Data Corp., PIK, 10.550%, 09/24/15, Callable 09/30/11 @ 105.28(g) | 3,685 | 3,818 | ||||||
Storage/Warehousing (0.3%) | ||||||||
Niska Gas Storage US LLC / Niska Gas Storage Canada ULC, 8.875%, 03/15/18, Callable 03/15/14 @ 104.44 | 1,100 | 1,196 | ||||||
Telecommunication Services (14.1%) | ||||||||
Buccaneer Merger Sub, Inc., 9.125%, 01/15/19, Callable 01/15/15 @ 104.56(a) | 1,735 | 1,839 | ||||||
Cequel Communications Holdings I LLC, 8.625%, 11/15/17, Callable 11/15/12 @ 106.47(a) | 4,330 | 4,514 | ||||||
Clearwire Communications LLC, 12.000%, 12/01/15, Callable 12/01/12 @ 106(a) | 1,340 | 1,447 | ||||||
Clearwire Communications LLC, 12.000%, 12/01/17, Callable 12/01/14 @ 106(a)(g) | 4,185 | 4,473 | ||||||
GeoEye, Inc., 8.625%, 10/01/16, Callable 10/01/13 @ 104.31 | 640 | 681 | ||||||
GeoEye, Inc., 9.625%, 10/01/15, Callable 10/01/13 @ 104.81 | 325 | 368 | ||||||
Global Crossing (UK) Finance PLC, 10.750%, 12/15/14, Callable 05/27/11 @ 103.58 | 895 | 931 | ||||||
Global Crossing Ltd., 9.000%, 11/15/19, Callable 11/15/14 @ 104.50(a) | 4,500 | 4,500 | ||||||
Global Crossing Ltd., 12.000%, 09/15/15, Callable 09/15/12 @ 106 | 370 | 422 | ||||||
Hughes Network Systems LLC/HNS Finance Corp., 9.500%, 04/15/14, Callable 04/15/11 @ 102.38 | 130 | 134 | ||||||
Integra Telecom, Inc., 10.750%, 04/15/16, Callable 04/15/13 @ 105.38(a) | 625 | 671 | ||||||
Intelsat Bermuda Ltd., 11.250%, 02/04/17, Callable 02/15/13 @ 105.62 | 2,570 | 2,808 | ||||||
Intelsat Jackson Holdings SA, 7.500%, 04/01/21, Callable 04/01/16 @ 103.75(a)(h) | 4,375 | 4,386 | ||||||
Level 3 Financing, Inc., 9.250%, 11/01/14, Callable 06/08/11 @ 104.63 | 2,000 | 2,045 | ||||||
Level 3 Financing, Inc., 9.375%, 04/01/19, Callable 04/01/15 @ 104.69(a) | 2,665 | 2,578 | ||||||
Level 3 Financing, Inc., 10.000%, 02/01/18, Callable 02/01/14 @ 105(f) | 2,150 | 2,153 | ||||||
NII Capital Corp., 7.625%, 04/01/21, Callable 04/01/16 @ 103.81 | 1,280 | 1,309 | ||||||
Nortel Networks Ltd., 10.750%, 07/15/16, Callable 07/15/11 @ 105.38(c)(f)(g) | 9,835 | 8,888 | ||||||
PAETEC Holding Corp., 8.875%, 06/30/17, Callable 06/30/13 @ 104.44 | 980 | 1,056 | ||||||
Sprint Capital Corp., 6.900%, 05/01/19(f) | 6,459 | 6,669 | ||||||
Sprint Capital Corp., 8.750%, 03/15/32 | 240 | 255 | ||||||
Telcordia Technologies, Inc., 11.000%, 05/01/18, Callable 05/01/14 @ 105.50(a) | 4,700 | 5,229 | ||||||
Trilogy International Partners LLC, 10.250%, 08/15/16, Callable 08/15/13 @ 105.13(a) | 5,105 | 5,284 | ||||||
Wind Acquisition Finance Holdings, PIK, 12.250%, 07/15/17, Callable 07/15/13 @ 106.12(a) | 4,258 | 5,152 | ||||||
Wind Acquisition Finance SA, 11.750%, 07/15/17, Callable 07/15/13 @ 105.88(a) | 100 | 115 | ||||||
67,907 | ||||||||
Transportation (1.5%) | ||||||||
Aircastle Ltd., 9.750%, 08/01/18, Callable 08/01/14 @ 104.88 | 600 | 665 | ||||||
CHC Helicopter SA, 9.250%, 10/15/20, Callable 04/15/15 @ 104.63(a) | 6,150 | 6,334 |
60
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Transportation—continued | ||||||||
Martin Midstream Partners LP, 8.875%, 04/01/18, Callable 04/01/14 @ 104.44 | 400 | 424 | ||||||
7,423 | ||||||||
Trucking & Leasing (1.0%) | ||||||||
Aviation Capital Group Corp., 6.750%, 04/06/21(a) | 5,000 | 5,000 | ||||||
Total Corporate Bonds (Cost $379,573) | 397,559 | |||||||
Convertible Corporate Bond (0.1%) | ||||||||
Healthcare — Services (0.1%) | ||||||||
LifePoint Hospitals, Inc., 3.500%, 05/15/14 | 600 | 639 | ||||||
Total Convertible Corporate Bond (Cost $495) | 639 | |||||||
Preferred Stocks (2.2%) | ||||||||
Diversified Financial Services (2.2%) | ||||||||
Citigroup Capital XII, 8.500%, 03/30/40, Callable 03/30/15 @ 25 | 30 | 790 | ||||||
GMAC Capital Trust I, Ser 2, 8.125%, 02/15/40, Callable 02/15/16 @ 25 | 380 | 9,691 | ||||||
10,481 | ||||||||
Total Preferred Stocks (Cost $10,278) | 10,481 | |||||||
Units (0.0%) | ||||||||
Commercial Services (0.0%) | ||||||||
Alion Science Technology Corp.*(i)(j) | 200 | — | ||||||
Total Units (Cost $13) | — | |||||||
Common Stock (0.4%) | ||||||||
Auto Manufacturers (0.4%) | ||||||||
Ford Motor Co.* | 118,279 | 1,763 | ||||||
Total Common Stocks (Cost $1,509) | 1,763 | |||||||
Short-Term Investment (9.2%) | ||||||||
RidgeWorth Funds Securities Lending Joint Account(k) | 44,161,538 | 44,162 | ||||||
Total Short-Term Investment (Cost $44,162) | 44,162 | |||||||
Money Market Fund (12.7%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(l) | 61,320,942 | 61,321 | ||||||
Total Money Market Fund (Cost $61,321) | 61,321 | |||||||
Total Investments (Cost $517,786)(m) — 111.6% | 536,567 | |||||||
Liabilities in excess of other assets — (11.6)% | (55,654 | ) | ||||||
Net Assets — 100.0% | $ | 480,913 | ||||||
* | Non-income producing security. |
(a) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 51.4% of net assets as of March 31, 2011. | |
(b) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. |
(c) | Security in default. |
(d) | Issuer has filed for bankruptcy. | |
(e) | The Fund’s adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(f) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. | |
(g) | The security or a partial position of the security was on loan as of March 31, 2011. The total value of securities on loan as of March 31, 2011, in thousands, was $41,578. |
(h) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(i) | Each unit consists of $1,000 principal amount of 12.000% senior secured notes due on November 1, 2014 and one warrant to purchase 1.9439 shares of common stock. | |
(j) | Valued at fair value using procedures approved by the Board. Fair valued securities held by the Fund represent, on a rounded basis, 0.0% of net assets as of March 31, 2011. |
(k) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before March 31, 2011 (See Notes to Financial Statements). |
(l) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(m) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
61
PIK | — Payment in-kind | |
MTN | — Medium Term Note | |
ULC | — Unlimited Liability Company |
Upfront | ||||||||||||||||||||||||||||
Payments | Unrealized | |||||||||||||||||||||||||||
Notional | Fixed | Expiration | Made | Appreciation/ | ||||||||||||||||||||||||
Underlying Instrument | Counterparty | Amount($) | Rate(%) | Date | (Received)($) | Value($) | (Depreciation)($) | |||||||||||||||||||||
ConAgra Foods, Inc. | JPMorgan | 2,000 | 1.000 | 12/20/15 | (4 | ) | 10 | 14 | ||||||||||||||||||||
Omnicom Group, Inc. | JPMorgan | 2,000 | 1.000 | 12/20/15 | (21 | ) | (31 | ) | (10 | ) | ||||||||||||||||||
Safeway, Inc. | JPMorgan | 2,000 | 1.000 | 12/20/15 | 22 | 13 | (9 | ) | ||||||||||||||||||||
CBC, Corp | JPMorgan | 2,000 | 1.000 | 12/20/15 | 13 | (3 | ) | (16 | ) | |||||||||||||||||||
10 | (11 | ) | (21 | ) | ||||||||||||||||||||||||
62
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Collateralized Mortgage Obligations (0.7%) | ||||||||
CS First Boston Mortgage Securities Corp., Ser 2005-C5, Cl A3, 5.100%, 08/15/38 | 2,654 | 2,758 | ||||||
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl A3, 5.442%, 11/15/30(a) | 1,753 | 1,831 | ||||||
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C20, Cl A6A, 5.110%, 07/15/42 | 4,618 | 4,784 | ||||||
Total Collateralized Mortgage Obligations (Cost $9,004) | 9,373 | |||||||
Bank Loan (0.0%) | ||||||||
Health Care (0.0%) | ||||||||
CRC Health Corp., 4.807%, 11/16/15(a)(b) | 2 | 2 | ||||||
Total Bank Loans (Cost $1) | 2 | |||||||
Corporate Bonds (32.7%) | ||||||||
Aerospace/Defense (0.6%) | ||||||||
Boeing Co. (The), 5.125%, 02/15/13 | 243 | 261 | ||||||
United Technologies Corp., 6.125%, 02/01/19 | 6,637 | 7,742 | ||||||
8,003 | ||||||||
Airlines (0.2%) | ||||||||
American Airlines, Inc., Pass Through Trust, Ser 2011-1, Cl A, 5.250%, 01/31/21 | 1,216 | 1,180 | ||||||
Continental Airlines, Inc., Pass Through Trust, Ser 2010-1, Cl A, 4.750%, 01/12/21 | 1,647 | 1,614 | ||||||
2,794 | ||||||||
Auto Manufacturers (0.2%) | ||||||||
PACCAR, Inc., 6.375%, 02/15/12 | 2,874 | 3,007 | ||||||
Banks (3.7%) | ||||||||
Bank of Nova Scotia, 2.375%, 12/17/13 | 2,688 | 2,742 | ||||||
Bank of Nova Scotia, 3.400%, 01/22/15 | 3,510 | 3,631 | ||||||
Credit Suisse (USA), Inc., 5.300%, 08/13/19 | 5,343 | 5,616 | ||||||
Goldman Sachs Group, Inc. (The), 6.000%, 06/15/20 | 5,206 | 5,503 | ||||||
HSBC Bank PLC, 3.500%, 06/28/15(b) | 3,280 | 3,323 | ||||||
JPMorgan Chase & Co., 4.400%, 07/22/20 | 5,451 | 5,268 | ||||||
JPMorgan Chase & Co., 6.300%, 04/23/19 | 5,704 | 6,314 | ||||||
Morgan Stanley, 7.300%, 05/13/19 | 5,816 | 6,542 | ||||||
Morgan Stanley, Ser F, 6.625%, 04/01/18 | 5,310 | 5,836 | ||||||
Northern Trust Corp., 4.625%, 05/01/14 | 717 | 774 | ||||||
Northern Trust Corp., 5.200%, 11/09/12 | 2,995 | 3,204 | ||||||
48,753 | ||||||||
Beverages (0.7%) | ||||||||
Anheuser-Busch InBev Worldwide, Inc., 3.000%, 10/15/12 | 4,715 | 4,850 | ||||||
Diageo Capital PLC, 5.200%, 01/30/13 | 1,404 | 1,505 | ||||||
SABMiller PLC, 6.200%, 07/01/11(b) | 2,758 | 2,794 | ||||||
9,149 | ||||||||
Biotechnology (0.1%) | ||||||||
Life Technologies Corp., 5.000%, 01/15/21, Callable 10/15/20 @ 100 | 1,213 | 1,213 | ||||||
Chemicals (1.4%) | ||||||||
Air Products & Chemicals, Inc., 4.150%, 02/01/13 | 1,300 | 1,354 | ||||||
E.I. du Pont de Nemours & Co., 4.250%, 04/01/21 | 2,358 | 2,335 | ||||||
E.I. du Pont de Nemours & Co., 5.000%, 07/15/13 | 2,865 | 3,092 | ||||||
Praxair, Inc., 1.750%, 11/15/12 | 7,755 | 7,852 | ||||||
Praxair, Inc., 4.625%, 03/30/15 | 3,905 | 4,226 | ||||||
18,859 | ||||||||
Computers (0.8%) | ||||||||
Hewlett-Packard Co., 4.500%, 03/01/13 | 1,139 | 1,213 | ||||||
Hewlett-Packard Co., 6.125%, 03/01/14 | 169 | 190 | ||||||
IBM Corp., 7.625%, 10/15/18 | 7,766 | 9,719 | ||||||
11,122 | ||||||||
63
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Diversified Financial Services (3.9%) | ||||||||
CME Group, Inc., 5.400%, 08/01/13 | 2,488 | 2,710 | ||||||
CME Group, Inc., 5.750%, 02/15/14 | 4,233 | 4,684 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(b) | 3,037 | 3,127 | ||||||
ERAC USA Finance LLC, 5.600%, 05/01/15(b) | 1,641 | 1,785 | ||||||
ERAC USA Finance LLC, 5.800%, 10/15/12(b) | 2,096 | 2,228 | ||||||
Jefferies Group, Inc., 5.875%, 06/08/14 | 2,050 | 2,210 | ||||||
Jefferies Group, Inc., 8.500%, 07/15/19 | 4,790 | 5,651 | ||||||
Lazard Group LLC, 6.850%, 06/15/17 | 435 | 463 | ||||||
Lazard Group LLC, 7.125%, 05/15/15 | 2,953 | 3,244 | ||||||
MassMutual Global Funding LLC, 2.300%, 09/28/15(b)(c) | 2,796 | 2,706 | ||||||
NASDAQ OMX Group, Inc. (The), 5.550%, 01/15/20 | 3,553 | 3,479 | ||||||
TIAA Global Markets, Inc., 5.125%, 10/10/12(b) | 4,019 | 4,256 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15 | 2,078 | 2,113 | ||||||
Woodside Finance Ltd., 8.125%, 03/01/14(b) | 3,378 | 3,880 | ||||||
Woodside Finance Ltd., 8.750%, 03/01/19(b) | 7,386 | 9,201 | ||||||
51,737 | ||||||||
Electric (1.8%) | ||||||||
Alabama Power Co., 5.800%, 11/15/13 | 2,684 | 2,974 | ||||||
Duke Energy Carolinas LLC, Ser C, 7.000%, 11/15/18 | 1,169 | 1,401 | ||||||
E.ON International Finance BV, 5.800%, 04/30/18(b) | 5,581 | 6,207 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 | 2,983 | 3,304 | ||||||
Georgia Power Co., 6.000%, 11/01/13 | 1,679 | 1,867 | ||||||
MidAmerican Energy Holdings Co., Ser D, 5.000%, 02/15/14 | 3,608 | 3,875 | ||||||
Pacific Gas & Electric Co., 3.500%, 10/01/20, Callable 07/01/20 @ 100 | 829 | 768 | ||||||
Southern California Edison Co., 5.750%, 03/15/14 | 3,133 | 3,481 | ||||||
23,877 | ||||||||
Food (1.0%) | ||||||||
Kellogg Co., 4.250%, 03/06/13 | 2,001 | 2,110 | ||||||
Kraft Foods, Inc., 5.375%, 02/10/20 | 4,261 | 4,499 | ||||||
Kroger Co. (The), 7.500%, 01/15/14 | 1,896 | 2,159 | ||||||
Tesco PLC, 5.500%, 11/15/17(b) | 3,517 | 3,900 | ||||||
12,668 | ||||||||
Healthcare — Products (0.3%) | ||||||||
Becton Dickinson and Co., 3.250%, 11/12/20 | 1,381 | 1,287 | ||||||
Covidien International Finance SA, 6.000%, 10/15/17 | 2,919 | 3,327 | ||||||
4,614 | ||||||||
Healthcare — Services (0.9%) | ||||||||
Roche Holdings, Inc., 6.000%, 03/01/19(b) | 10,162 | 11,518 | ||||||
Household Products/Wares (0.1%) | ||||||||
Kimberly-Clark Corp., 3.625%, 08/01/20 | 2,003 | 1,966 | ||||||
Insurance (1.7%) | ||||||||
Berkshire Hathaway, Inc., 3.200%, 02/11/15 | 6,087 | 6,266 | ||||||
Berkshire Hathaway, Inc., 4.600%, 05/15/13 | 2,714 | 2,899 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(b) | 6,232 | 6,173 | ||||||
OneBeacon U.S. Holdings, Inc., 5.875%, 05/15/13 | 6,090 | 6,547 | ||||||
21,885 | ||||||||
Media (1.3%) | ||||||||
Comcast Corp., 4.950%, 06/15/16 | 1,892 | 2,023 | ||||||
NBC Universal, Inc., 4.375%, 04/01/21(b) | 4,645 | 4,447 | ||||||
Thomson Reuters Corp., 5.950%, 07/15/13 | 565 | 622 | ||||||
Time Warner Cable, Inc., 5.850%, 05/01/17 | 5,673 | 6,205 | ||||||
Time Warner Cable, Inc., 8.250%, 02/14/14 | 3,077 | 3,578 |
64
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Media—continued | ||||||||
Time Warner, Inc., 4.875%, 03/15/20 | 663 | 676 | ||||||
17,551 | ||||||||
Mining (1.0%) | ||||||||
Barrick (PD) Australia Finance Property Ltd., 4.950%, 01/15/20 | 2,760 | 2,930 | ||||||
Barrick Gold Corp., 6.950%, 04/01/19 | 1,588 | 1,899 | ||||||
Barrick International Barbados Corp., 5.750%, 10/15/16(b) | 1,925 | 2,161 | ||||||
Newmont Mining Corp., 5.125%, 10/01/19 | 5,195 | 5,573 | ||||||
12,563 | ||||||||
Miscellaneous Manufacturer (1.0%) | ||||||||
General Electric Co., 5.000%, 02/01/13 | 3,133 | 3,338 | ||||||
General Electric Co., 5.250%, 12/06/17 | 1,923 | 2,094 | ||||||
Illinois Tool Works, Inc., 6.250%, 04/01/19 | 4,710 | 5,446 | ||||||
Siemens Financieringsmaatschappij NV, 5.750%, 10/17/16(b) | 2,283 | 2,572 | ||||||
13,450 | ||||||||
Office/Business Equip (0.4%) | ||||||||
Xerox Corp., 5.500%, 05/15/12 | 1,972 | 2,063 | ||||||
Xerox Corp., 6.350%, 05/15/18 | 2,764 | 3,125 | ||||||
5,188 | ||||||||
Oil & Gas (0.7%) | ||||||||
Ensco PLC, 4.700%, 03/15/21 | 3,816 | 3,788 | ||||||
Pride International, Inc., 6.875%, 08/15/20 | 1,736 | 1,968 | ||||||
Total Capital SA, 3.000%, 06/24/15 | 2,065 | 2,108 | ||||||
Weatherford International Ltd., 4.950%, 10/15/13 | 1,160 | 1,229 | ||||||
9,093 | ||||||||
Oil & Gas Services (0.2%) | ||||||||
Weatherford International Ltd., 9.625%, 03/01/19 | 2,560 | 3,260 | ||||||
Pharmaceuticals (2.2%) | ||||||||
Abbott Laboratories, 5.600%, 11/30/17 | 4,944 | 5,592 | ||||||
Express Scripts, Inc., 5.250%, 06/15/12 | 3,834 | 4,017 | ||||||
GlaxoSmithKline Capital, Inc., 5.650%, 05/15/18 | 3,422 | 3,846 | ||||||
Merck & Co., Inc., 6.000%, 09/15/17 | 3,684 | 4,250 | ||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 | 2,440 | 2,641 | ||||||
Sanofi-Aventis SA, 4.000%, 03/29/21 | 5,490 | 5,400 | ||||||
Teva Pharmaceutical Finance II BV/III LLC, 3.000%, 06/15/15 | 2,480 | 2,504 | ||||||
Teva Pharmaceutical Finance LLC, 5.550%, 02/01/16 | 736 | 819 | ||||||
29,069 | ||||||||
Pipelines (2.3%) | ||||||||
El Paso Natural Gas Co., 5.950%, 04/15/17 | 597 | 657 | ||||||
Energy Transfer Partners LP, 6.700%, 07/01/18 | 4,349 | 4,927 | ||||||
Energy Transfer Partners LP, 9.000%, 04/15/19 | 2,386 | 3,014 | ||||||
Enterprise Products Operating LLC, 5.250%, 01/31/20 | 5,890 | 6,113 | ||||||
Enterprise Products Operating LLC, Ser G, 5.600%, 10/15/14 | 3,695 | 4,082 | ||||||
Rockies Express Pipeline LLC, 6.850%, 07/15/18(b) | 2,458 | 2,679 | ||||||
Southern Natural Gas Co., 5.900%, 04/01/17(b) | 402 | 447 | ||||||
TransCanada PipeLines Ltd., 3.800%, 10/01/20 | 2,853 | 2,746 | ||||||
Transcontinental Gas Pipe Line Co. LLC, 6.050%, 06/15/18 | 1,074 | 1,210 | ||||||
Williams Partners LP, 4.125%, 11/15/20 | 4,125 | 3,927 | ||||||
29,802 | ||||||||
Real Estate Investment Trusts (1.3%) | ||||||||
BioMed Realty LP, 3.850%, 04/15/16, Callable 03/15/16 @ 100 | 2,529 | 2,502 | ||||||
Digital Realty Trust LP, 4.500%, 07/15/15 | 6,404 | 6,578 |
65
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Real Estate Investment Trusts—continued | ||||||||
Digital Realty Trust LP, 5.875%, 02/01/20 | 1,427 | 1,489 | ||||||
Healthcare Realty Trust, Inc., 6.500%, 01/17/17 | 6,028 | 6,643 | ||||||
17,212 | ||||||||
Retail (1.4%) | ||||||||
Family Dollar Stores, Inc., 5.000%, 02/01/21 | 1,966 | 1,931 | ||||||
Wal-Mart Stores, Inc., 5.800%, 02/15/18 | 8,815 | 10,039 | ||||||
Walgreen Co., 4.875%, 08/01/13 | 2,378 | 2,577 | ||||||
Wesfarmers Ltd., 6.998%, 04/10/13(b) | 3,403 | 3,751 | ||||||
18,298 | ||||||||
Semiconductors (0.1%) | ||||||||
Analog Devices Inc., 3.000%, 04/15/16 | 1,044 | 1,040 | ||||||
Software (0.4%) | ||||||||
Oracle Corp., 5.750%, 04/15/18 | 4,782 | 5,355 | ||||||
Telecommunication Services (2.1%) | ||||||||
AT&T, Inc., 4.950%, 01/15/13 | 2,995 | 3,190 | ||||||
AT&T, Inc., 5.100%, 09/15/14 | 3,100 | 3,390 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 7.750%, 05/01/17, Callable 05/01/13 @ 103.88(b) | 3,528 | 3,846 | ||||||
Cellco Partnership/Verizon Wireless Capital LLC, 5.550%, 02/01/14 | 2,317 | 2,544 | ||||||
Cisco Systems, Inc., 4.450%, 01/15/20 | 3,190 | 3,272 | ||||||
Cisco Systems, Inc., 5.500%, 02/22/16 | 2,427 | 2,725 | ||||||
Rogers Communications, Inc., 7.500%, 03/15/15 | 1,298 | 1,532 | ||||||
Verizon Communications, Inc., 5.250%, 04/15/13 | 2,638 | 2,843 | ||||||
Vodafone Group PLC, 5.500%, 06/15/11 | 3,675 | 3,710 | ||||||
27,052 | ||||||||
Transportation (0.2%) | ||||||||
United Parcel Service, Inc., 3.125%, 01/15/21 | 2,424 | 2,246 | ||||||
Trucking & Leasing (0.5%) | ||||||||
Aviation Capital Group, 7.125%, 10/15/20(b) | 3,844 | 4,010 | ||||||
Aviation Capital Group Corp., 6.750%, 04/06/21(b)(d) | 2,427 | 2,427 | ||||||
6,437 | ||||||||
Water (0.2%) | ||||||||
Veolia Environment SA, 6.000%, 06/01/18 | 2,828 | 3,145 | ||||||
Total Corporate Bonds (Cost $403,136) | 431,926 | |||||||
U.S. Government Agency Mortgages (1.2%) | ||||||||
Government National Mortgage Association (1.2%) | ||||||||
Pool #751387, 4.743%, 01/20/61 | 14,429 | 15,068 | ||||||
Total U.S. Government Agency Mortgages (Cost $15,009) | 15,068 | |||||||
U.S. Treasury Obligations (60.4%) | ||||||||
U.S. Treasury Notes (60.4%) | ||||||||
0.875%, 05/31/11 | 106,249 | 106,382 | ||||||
1.000%, 08/31/11 | 128,000 | 128,440 | ||||||
2.125%, 11/30/14 | 226,928 | 231,059 | ||||||
1.250%, 10/31/15 | 115,799 | 111,737 | ||||||
3.750%, 11/15/18(e) | 71,026 | 74,622 | ||||||
2.750%, 02/15/19 | 78,155 | 76,366 | ||||||
3.625%, 02/15/21(c) | 67,845 | 68,809 | ||||||
797,415 | ||||||||
Total U.S. Treasury Obligations (Cost $792,100) | 797,415 | |||||||
Units (0.0%) | ||||||||
Commercial Services (0.0%) | ||||||||
Alion Science Technology Corp.*(f)(g) | 65 | — | ||||||
Total Units (Cost $4) | — | |||||||
Short-Term Investment (0.9%) | ||||||||
RidgeWorth Funds Securities Lending Joint Account(h) | 11,940,375 | 11,940 | ||||||
Total Short-Term Investment (Cost $11,940) | 11,940 | |||||||
66
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Money Market Fund (3.0%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(i) | 38,997,833 | 38,998 | ||||||
Total Money Market Fund (Cost $38,998) | 38,998 | |||||||
Total Investments (Cost $1,270,192)(j) — 98.9% | 1,304,722 | |||||||
Other assets in excess of liabilities — 1.1% | 15,019 | |||||||
Net Assets — 100.0% | $ | 1,319,741 | ||||||
* | Non-income producing security. | |
(a) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. | |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 6.6% of net assets as of March 31, 2011. |
(c) | The security or a partial position of the security was on loan as of March 31, 2011. The total value of securities on loan as of March 31, 2011, in thousands, was $11,678. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. | |
(e) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. |
(f) | Each unit consists of $1,000 principal amount of 12.000% senior secured notes due on November 1, 2014 and one warrant to purchase 1.9439 shares of common stock. |
(g) | Valued at fair value using procedures approved by the Board. Fair valued securities held by the Fund represent 0.0% of net assets as of March 31, 2011. |
(h) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before March 31, 2011 (See Notes to Financial Statements). |
(i) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(j) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
Upfront | ||||||||||||||||||||||||||
Payments | ||||||||||||||||||||||||||
Notional | Fixed | Expiration | Made | Unrealized | ||||||||||||||||||||||
Underlying Instrument | Counterparty | Amount($) | Rate(%) | Date | (Received)($) | Value($) | Depreciation($) | |||||||||||||||||||
Ryder Systems, Inc. | JPMorgan | 8,640 | 1.000 | 06/20/16 | 161 | 112 | (49 | ) | ||||||||||||||||||
Whirlpool Corp. | Barclays Bank PLC | 8,660 | 1.000 | 06/20/16 | 242 | 224 | (18 | ) | ||||||||||||||||||
403 | 336 | (67 | ) | |||||||||||||||||||||||
67
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Collateralized Mortgage Obligations (0.8%) | ||||||||
CS First Boston Mortgage Securities Corp., Ser 2005-C5, Cl A3, 5.100%, 08/15/38(a) | 653 | 679 | ||||||
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl A3, 5.442%, 11/15/30(a) | 555 | 580 | ||||||
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C20, Cl A6A, 5.110%, 07/15/42(a) | 1,434 | 1,485 | ||||||
Total Collateralized Mortgage Obligations (Cost $2,627) | 2,744 | |||||||
Bank Loans (8.1%) | ||||||||
Aerospace/Defense (0.2%) | ||||||||
AM General LLC, 3.246%, 09/28/12(a)(b) | 6 | 5 | ||||||
AM General LLC, 3.261%, 09/30/13(a)(b) | 104 | 97 | ||||||
DAE Aviation Holdings, Inc., 5.310%, 07/31/14(a)(b) | 130 | 130 | ||||||
Delos Aircraft, Inc., 7.000%, 03/17/16(a)(b) | 175 | 177 | ||||||
Sequa Corp., 3.560%, 12/03/14(a)(b) | 120 | 118 | ||||||
527 | ||||||||
Auto Manufacturers (0.2%) | ||||||||
Ford Motor Co., 3.010%, 12/16/13(a)(b) | 362 | 362 | ||||||
HHI Holdings LLC, 7.750%, 03/21/17(a)(b) | 80 | 80 | ||||||
Tenneco, Inc., 4.807%, 06/03/16(a)(b) | 69 | 70 | ||||||
512 | ||||||||
Auto Parts & Equipment (0.1%) | ||||||||
Allison Transmission, Inc., 3.010%, 08/07/14(a)(b) | 89 | 88 | ||||||
Pinafore LLC, 4.250%, 09/29/16(a)(b) | 261 | 261 | ||||||
349 | ||||||||
Banks (0.1%) | ||||||||
CIT Group, Inc., 6.250%, 08/11/15(a)(b) | 180 | 183 | ||||||
Building Materials (0.1%) | ||||||||
Armstrong World Industries, Inc., 4.000%, 03/09/18(a)(b) | 140 | 140 | ||||||
Building Materials Corp. of America, 3.000%, 02/24/14(a)(b) | 60 | 60 | ||||||
Goodman Global Holdings, Inc., 5.750%, 10/28/16(a)(b) | 80 | 80 | ||||||
280 | ||||||||
Chemicals (0.3%) | ||||||||
Chemtura Corp., 5.500%, 08/27/16(a)(b) | 60 | 61 | ||||||
Huntsman International LLC, 1.746%-1.804%, 04/21/14(a)(b) | 64 | 63 | ||||||
Huntsman International LLC, 2.746%-2.804%, 04/19/17(a)(b) | 176 | 174 | ||||||
INEOS U.S. Finance LLC, 7.501%, 12/16/13(a)(b) | 58 | 60 | ||||||
INEOS U.S. Finance LLC, 8.001%, 12/16/14(a)(b) | 61 | 63 | ||||||
MacDermid, Inc., 2.246%, 04/12/14(a)(b) | 121 | 120 | ||||||
Nalco Co., 4.500%, 10/05/17(a)(b) | 80 | 80 | ||||||
Nexeo Solutions LLC, 5.000%, 09/08/17(a)(b) | 130 | 130 | ||||||
Styron S.A.R.L LLC, 6.000%, 08/02/17(a)(b) | 140 | 140 | ||||||
Univar, Inc., 5.000%, 06/30/17(a)(b) | 224 | 225 | ||||||
1,116 | ||||||||
Commercial Services (0.3%) | ||||||||
Booz Allen Hamilton, Inc., 4.000%, 08/03/17(a)(b) | 25 | 25 | ||||||
Catalina Marketing Corp., 2.996%, 10/01/14(a)(b) | 79 | 79 | ||||||
Cengage Learning Acquisitions, Inc., 2.500%, 07/03/14(a)(b) | 263 | 252 | ||||||
Cenveo Corp., 6.250%, 12/21/16(a)(b) | 115 | 115 | ||||||
CoreLogic, Inc., 4.750%, 04/12/16(a)(b) | 119 | 120 | ||||||
Hertz Corp. (The), 3.750%, 03/09/18(a)(b) | 55 | 55 | ||||||
JMC Steel Group, Inc., 4.750%, 04/03/17(a)(b) | 30 | 30 | ||||||
Walter Industries, Inc., 3.000%, 04/02/18(a)(b) | 245 | 246 | ||||||
922 | ||||||||
Computers (0.0%) | ||||||||
Network Solutions LLC, 2.500%, 03/07/14(a)(b) | 35 | 35 | ||||||
68
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Consumer Discretionary (0.0%) | ||||||||
Collective Brands Finance, Inc., 3.004%-3.064%, 08/18/14(a)(b) | 49 | 49 | ||||||
Consumer Staples (0.1%) | ||||||||
Pierre Foods, Inc., 7.000%, 09/30/16(a)(b) | 95 | 95 | ||||||
Revlon Consumer Products Corp., 6.000%, 03/11/15(a)(b) | 119 | 119 | ||||||
214 | ||||||||
Diversified Financial Services (0.7%) | ||||||||
Affinion Group, Inc., 5.000%, 10/10/16(a)(b) | 209 | 209 | ||||||
AGFS Funding Co., 7.250%, 04/21/15(a)(b) | 460 | 460 | ||||||
American Capital Holdings, Inc., 7.500%, 12/31/13(a)(b) | 70 | 70 | ||||||
BNY ConvergEx Group LLC, 5.250%, 12/16/16(a)(b) | 31 | 31 | ||||||
BNY ConvergEx Group LLC, 5.250%, 12/19/17(a)(b) | 74 | 74 | ||||||
CNO Financial Group, Inc., 7.500%, 09/30/16(a)(b) | 100 | 100 | ||||||
Fifth Third Processing Solutions LLC, 5.500%, 11/03/16(a)(b) | 120 | 120 | ||||||
First Data Corp., 3.002%, 09/24/14(a)(b) | 196 | 188 | ||||||
Interactive Data Corp., 4.750%, 02/12/18(a)(b) | 120 | 120 | ||||||
International Lease Finance Corp., 6.750%, 03/17/15(a)(b) | 115 | 115 | ||||||
Microsemi Corp., 4.000%, 11/02/17(a)(b) | 120 | 121 | ||||||
Nielsen Finance LLC, 3.750%, 05/02/16(a)(b) | 233 | 232 | ||||||
Nuveen Investments, Inc., 3.304%-3.307%, 11/13/14(a)(b) | 62 | 60 | ||||||
Nuveen Investments, Inc., 5.804%-5.813%, 05/12/17(a)(b) | 73 | 73 | ||||||
SunGard Data Systems, Inc., 3.912%-3.937%, 02/26/16(a)(b) | 229 | 229 | ||||||
2,202 | ||||||||
Electric (0.3%) | ||||||||
Equipower Resources Holdings LLC, 5.750%, 01/26/18(a)(b) | 45 | 45 | ||||||
GenOn Energy, Inc., 6.000%, 09/08/17(a)(b) | 129 | 131 | ||||||
New Development Holdings, Inc., 4.500%, 04/02/18(a)(b) | 185 | 186 | ||||||
NRG Energy, Inc., 2.057%, 02/01/13(a)(b) | 173 | 172 | ||||||
NRG Energy, Inc., 2.057%, 02/01/13(a)(b) | 167 | 166 | ||||||
Texas Competitive Electric Holdings Co. LLC, 3.746%-3.803%, 10/10/14(a)(b) | 343 | 288 | ||||||
988 | ||||||||
Energy (0.1%) | ||||||||
Aquilex Holdings LLC, 6.000%, 04/01/16(a)(b) | 106 | 106 | ||||||
KGen LLC, 0.153%, 02/08/14(a)(b) | 59 | 58 | ||||||
KGen LLC, 2.000%, 02/10/14(a)(b) | 66 | 65 | ||||||
229 | ||||||||
Entertainment (0.2%) | ||||||||
Carmike Cinemas, Inc., 5.500%, 01/27/16(a)(b) | 30 | 30 | ||||||
Cinedigm Digital Funding I LLC, 5.250%, 04/29/16(a)(b) | 145 | 144 | ||||||
IMG Worldwide, Inc., 7.250%, 06/15/15(a)(c) | 159 | 158 | ||||||
Live Nation Entertainment, Inc., 4.500%, 11/07/16(a)(b) | 60 | 60 | ||||||
Regal Cinemas, Inc., 3.557%, 08/23/17(a)(b) | 105 | 105 | ||||||
Universal City Development Partners Ltd., 5.500%, 11/06/14(a)(b) | 201 | 202 | ||||||
699 | ||||||||
Food (0.3%) | ||||||||
Dean Foods Co., 3.750%-3.810%, 04/02/17(a)(b) | 203 | 202 | ||||||
Del Monte Foods Co., 4.500%, 03/08/18(a)(b) | 180 | 180 | ||||||
DineEquity, Inc., 4.250%, 10/19/17(a)(b) | 79 | 80 | ||||||
Dole Food Co., Inc., 5.000%-5.500%, 03/02/17(a)(b) | 42 | 42 | ||||||
Dole Food Co., Inc., 5.500%, 03/02/17(a)(b) | 17 | 17 | ||||||
Dunkin’ Brands, Inc., 4.250%-5.250%, 11/23/17(a)(b) | 200 | 201 | ||||||
Green Mountain Coffee Roasters, Inc., 5.500%, 12/16/16(a)(b) | 150 | 151 |
69
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Food—continued | ||||||||
Pinnacle Foods Holdings Corp., 2.761%, 04/02/14(a)(b) | 125 | 124 | ||||||
997 | ||||||||
Forest Products & Paper (0.1%) | ||||||||
Georgia-Pacific Corp., 2.307%-2.310%, 12/21/12(a)(b) | 170 | 170 | ||||||
Health Care (0.9%) | ||||||||
Ardent Medical Services, Inc., 6.500%, 09/15/15(a)(b) | 174 | 174 | ||||||
Axcan Pharma, Inc., 5.500%, 02/10/17(a)(b) | 130 | 129 | ||||||
Bausch & Lomb, Inc., 3.496%, 04/24/15(a)(b) | 23 | 23 | ||||||
Bausch & Lomb, Inc., 3.496%-3.557%, 04/24/15(a)(b) | 96 | 96 | ||||||
Biomet, Inc., 3.246%-3.308%, 03/25/15(a)(b) | 114 | 114 | ||||||
CareStream Health, Inc., 5.000%, 02/25/17(a)(b) | 285 | 279 | ||||||
Community Health Systems, Inc., 2.561%, 07/25/14(a)(b) | 156 | 155 | ||||||
Community Health Systems, Inc., 2.561%, 07/25/14(a)(b) | 8 | 8 | ||||||
Community Health Systems, Inc., 3.811%, 01/25/17(a)(b) | 79 | 78 | ||||||
CRC Health Corp., 4.807%, 11/16/15(a)(b) | 130 | 128 | ||||||
DaVita, Inc., 4.500%, 10/20/16(a)(b) | 105 | 105 | ||||||
Gentiva Health Services, Inc., 4.750%, 08/17/16(a)(b) | 79 | 80 | ||||||
Grifols, Inc., 4.250%, 11/23/16(a)(b)(d) | 135 | 136 | ||||||
HCA, Inc., 1.557%, 11/19/12(a)(b) | 470 | 467 | ||||||
Health Management Associates, Inc., 2.057%, 02/28/14(a)(b) | 119 | 118 | ||||||
IASIS Healthcare LLC, 2.246%, 03/14/14(a)(b) | 27 | 27 | ||||||
IASIS Healthcare LLC, 2.246%, 03/14/14(a)(b) | 79 | 78 | ||||||
IASIS Healthcare LLC, 2.248%, 03/14/14(a)(b) | 8 | 7 | ||||||
MedAssets, Inc., 5.250%-6.000%, 11/16/16(a)(b) | 75 | 75 | ||||||
MultiPlan, Inc., 4.750%, 08/26/17(a)(b) | 120 | 120 | ||||||
Mylan Laboratories, Inc., 3.563%, 10/02/14(a)(b) | 21 | 21 | ||||||
Universal Health Services, Inc., 4.000%, 11/15/16(a)(b) | 110 | 111 | ||||||
Vanguard Health Holding Co. II LLC, 5.000%, 01/29/16(a)(b) | 119 | 120 | ||||||
Warner Chilcott Co., LLC, 4.250%, 03/15/18(a)(b) | 56 | 56 | ||||||
Warner Chilcott Corp., 4.250%, 03/15/18(a)(b) | 112 | 113 | ||||||
WC LUXO S.A.R.L., 4.250%, 03/15/18(a)(b) | 77 | 78 | ||||||
2,896 | ||||||||
Industrials (0.0%) | ||||||||
Bucyrus International, Inc., 4.250%, 02/19/16(a)(b) | 159 | 159 | ||||||
Information Technology (0.3%) | ||||||||
Aspect Software, Inc., 6.250%, 04/19/16(a)(b) | 79 | 80 | ||||||
CDWC LLC, 4.500%, 07/14/17(a)(b) | 101 | 101 | ||||||
Ceridian Corp., 3.248%, 11/10/14(a)(b) | 65 | 63 | ||||||
Fidelity National Information Services, Inc., 5.250%, 07/18/16(a)(b) | 90 | 90 | ||||||
Flextronics International Ltd., 2.511%, 10/01/12(a)(b) | 233 | 232 | ||||||
Savvis Communications Corp., 6.750%, 08/04/16(a)(b) | 244 | 245 | ||||||
811 | ||||||||
Insurance (0.0%) | ||||||||
Sedgwick CMS Holdings, Inc., 5.000%, 12/30/16(a)(b) | 120 | 120 | ||||||
Leisure Time (0.1%) | ||||||||
Clubcorp Operations, Inc., 6.000%, 11/09/16(a)(b) | 180 | 181 | ||||||
Lodging (0.2%) | ||||||||
Las Vegas Sands LLC, 2.750%, 11/23/16(a)(b)(d) | 195 | 191 | ||||||
Las Vegas Sands LLC, 2.750%, 11/23/16(a)(b)(d) | 39 | 38 | ||||||
MGM Mirage, 7.000%, 02/21/14(a)(b) | 235 | 231 | ||||||
VML U.S. Finance LLC, 4.790%, 05/25/12(a)(b) | 44 | 44 | ||||||
VML U.S. Finance LLC, 4.790%, 05/27/13(a)(b) | 75 | 75 | ||||||
579 | ||||||||
70
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Machinery Diversified (0.0%) | ||||||||
Manitowoc Co., Inc. (The), 5.313%, 11/06/13(a)(b) | 63 | 63 | ||||||
Veyance Technologies, Inc., 2.750%, 07/31/14(a)(b) | 9 | 8 | ||||||
Veyance Technologies, Inc., 2.750%, 07/31/14(a)(b) | 61 | 56 | ||||||
127 | ||||||||
Media (0.8%) | ||||||||
Charter Communications Operating LLC, 2.250%, 03/06/14(a)(b) | 291 | 291 | ||||||
Citadel Broadcasting Corp., 4.250%, 12/30/16(a)(b) | 45 | 45 | ||||||
FoxCo Acquisition Sub LLC, 4.750%, 07/14/15(a)(b) | 50 | 50 | ||||||
Getty Images, Inc., 5.250%, 11/07/16(a)(b) | 60 | 60 | ||||||
Gray Television, Inc., 3.760%, 12/31/14(a)(b) | 274 | 271 | ||||||
Insight Midwest LP, 2.010%-2.050%, 04/07/14(a)(b) | 235 | 232 | ||||||
Mediacom Broadband LLC, 4.500%, 10/23/17(a)(b) | 248 | 246 | ||||||
Springboard Finance LLC, 7.000%, 02/23/15(a)(b) | 197 | 197 | ||||||
Syniverse Technologies, Inc., 5.250%, 12/21/17(a)(b) | 130 | 130 | ||||||
Telesat Canada, 3.250%, 10/31/14(a)(b) | 19 | 19 | ||||||
Telesat Canada, 3.250%, 10/31/14(a)(b) | 224 | 223 | ||||||
Univision Communications, Inc., 4.496%, 03/31/17(a)(b) | 237 | 231 | ||||||
Village Roadshow Ltd., 5.500%, 05/27/15(a)(c) | 350 | 351 | ||||||
Weather Channel Interactive, Inc. (The), 4.250%, 02/13/17(a)(b) | 65 | 65 | ||||||
2,411 | ||||||||
Mining (0.1%) | ||||||||
Fairmount Minerals Ltd., 5.250%, 03/01/17(a)(b) | 85 | 85 | ||||||
Novelis, Inc., 4.000%, 03/10/17(a)(b) | 314 | 315 | ||||||
400 | ||||||||
Miscellaneous Manufacturer (0.0%) | ||||||||
Clarke American Corp., 2.746%-2.807%, 06/30/14(a)(b) | 128 | 122 | ||||||
Oil & Gas (0.5%) | ||||||||
CITGO Petroleum Corp., 8.000%, 06/24/15(a)(b) | 180 | 187 | ||||||
MEG Energy Corp., 4.000%, 03/16/18(a)(b) | 425 | 428 | ||||||
Obsidian Natural Gas Trust, 7.000%, 11/02/15(a)(b) | 583 | 590 | ||||||
TPF Generation Holdings LLC, 2.207%, 12/15/11(a)(b) | 16 | 15 | ||||||
TPF Generation Holdings LLC, 2.207%, 12/13/13(a)(b) | 50 | 49 | ||||||
TPF Generation Holdings LLC, 2.307%, 12/15/13(a)(b) | 107 | 106 | ||||||
Western Refining, Inc., 7.500%, 03/15/17(a)(b) | 225 | 226 | ||||||
1,601 | ||||||||
Packaging & Containers (0.1%) | ||||||||
Graphic Packaging Holding Co., 3.053%, 05/16/14(a)(b) | 216 | 216 | ||||||
Reynolds Group Holdings, Inc., 4.250%, 02/09/18(a)(b) | 225 | 226 | ||||||
442 | ||||||||
Real Estate (0.4%) | ||||||||
CB Richard Ellis Services, Inc., 1.625%, 03/05/18(a)(b) | 290 | 289 | ||||||
CB Richard Ellis Services, Inc., 1.750%, 09/04/19(a)(b) | 290 | 289 | ||||||
CB Richard Ellis Services, Inc., 3.508%, 11/06/16(a)(b) | 90 | 89 | ||||||
Istar Financial, Inc., 5.000%, 06/28/13(a)(b) | 575 | 570 | ||||||
Istar Financial, Inc., 7.000%, 06/30/14(a)(b) | 165 | 165 | ||||||
1,402 | ||||||||
Retail (0.7%) | ||||||||
Burlington Coat Factory Warehouse Corp., 6.250%, 02/18/17(a)(b) | 100 | 99 | ||||||
Capital Automotive LP, 5.000%, 04/02/18(a)(b) | 484 | 479 | ||||||
Dollar General Corp., 2.996%-3.004%, 07/07/14(a)(b) | 235 | 235 | ||||||
Gymboree Corp., 5.000%-5.750%, 02/23/18(a)(b) | 110 | 109 | ||||||
J Crew Operating Corp., 4.750%, 03/07/18(a)(b) | 125 | 125 | ||||||
Leslie’s Poolmart, Inc., 4.500%, 11/21/16(a)(b) | 145 | 145 | ||||||
Michaels Stores, Inc., 4.813%-4.875%, 07/31/16(a)(b) | 116 | 116 |
71
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Retail—continued | ||||||||
NBTY, Inc., 4.250%, 10/02/17(a)(b) | 200 | 200 | ||||||
Neiman Marcus Group, Inc. (The), 2.310%, 04/05/13(a)(b) | 118 | 117 | ||||||
PETCO Animal Supplies, Inc., 4.500%, 11/24/17(a)(b) | 223 | 223 | ||||||
Pilot Travel Centers LLC, 4.250%, 03/30/18(a)(b) | 225 | 226 | ||||||
Sports Authority, Inc., 7.500%, 10/26/17(a)(b) | 125 | 123 | ||||||
SUPERVALU, Inc., 1.621%, 06/01/12(a)(b) | 124 | 123 | ||||||
2,320 | ||||||||
Semiconductors (0.0%) | ||||||||
Freescale Semiconductor, Inc., 4.511%, 12/01/16(a)(b) | 134 | 133 | ||||||
Telecommunication Services (0.8%) | ||||||||
Airvana, Inc., 8.000%, 08/27/14(a)(b)(d) | 130 | 130 | ||||||
Asurion Corp., 3.258%-3.261%, 07/03/14(a)(b) | 119 | 118 | ||||||
Atlantic Broadband Finance LLC, 4.000%, 03/08/16(a)(b) | 83 | 83 | ||||||
Avaya, Inc., 3.061%, 10/26/14(a)(b) | 96 | 93 | ||||||
Avaya, Inc., 4.811%, 10/24/14(a)(b) | 192 | 187 | ||||||
BBHI Acquisition LLC, 4.500%, 12/14/17(a)(b) | 120 | 120 | ||||||
Bragg Communications, Inc., 2.811%, 08/31/14(a)(b) | 114 | 113 | ||||||
Cequel Communications LLC, 2.260%, 11/05/13(a)(b) | 65 | 64 | ||||||
Consolidated Communications, Inc., 2.750%, 12/31/14(a)(b) | 65 | 64 | ||||||
Integra Telecom, Inc., 9.250%, 04/15/15(a)(b) | 174 | 174 | ||||||
Intelsat Jackson Holdings SA, 5.250%, 04/02/18(a)(b) | 500 | 503 | ||||||
Level 3 Communications, Inc., 2.553%, 03/13/14(a)(b) | 125 | 121 | ||||||
MetroPCS Wireless, Inc., 4.071%-4.134%, 11/04/13(a)(b) | 243 | 243 | ||||||
Telcordia Technologies, Inc., 6.750%, 04/09/16(a)(b) | 223 | 223 | ||||||
UPC Financing Partnership, 3.761%, 12/30/16(a)(b) | 57 | 57 | ||||||
Vonage Holdings Corp., 9.750%-10.250%, 12/08/15(a)(b) | 93 | 92 | ||||||
West Corp., 2.685%-2.832%, 10/24/13(a)(b) | 90 | 90 | ||||||
2,475 | ||||||||
Telecommunications (0.0%) | ||||||||
CommScope, Inc., 5.000%, 01/14/18(a)(b) | 55 | 55 | ||||||
Transportation (0.1%) | ||||||||
Ozburn-Hessey Holding Company LLC, 7.500%, 04/08/16(a)(b) | 238 | 240 | ||||||
Total Bank Loans (Cost $25,531) | 25,946 | |||||||
Corporate Bonds (43.7%) | ||||||||
Aerospace/Defense (1.0%) | ||||||||
Boeing Co. (The), 5.125%, 02/15/13 | 975 | 1,046 | ||||||
United Technologies Corp., 6.125%, 02/01/19 | 1,842 | 2,149 | ||||||
3,195 | ||||||||
Airlines (0.3%) | ||||||||
American Airlines, Inc., Pass Through Trust, Ser 2011-1, Cl A, 5.250%, 01/31/21 | 446 | 433 | ||||||
Continental Airlines, Inc., Pass Through Trust, Ser 2010-1, Cl A, 4.750%, 01/12/21 | 502 | 492 | ||||||
925 | ||||||||
Auto Manufacturers (0.4%) | ||||||||
PACCAR, Inc., 6.375%, 02/15/12 | 1,205 | 1,261 | ||||||
Banks (4.0%) | ||||||||
Bank of Nova Scotia, 2.375%, 12/17/13 | 840 | 857 | ||||||
Bank of Nova Scotia, 3.400%, 01/22/15 | 902 | 933 | ||||||
Credit Suisse (USA), Inc., 5.300%, 08/13/19 | 1,215 | 1,277 | ||||||
Goldman Sachs Group, Inc. (The), 6.250%, 02/01/41 | 890 | 886 | ||||||
HSBC Bank PLC, 3.500%, 06/28/15(b) | 1,121 | 1,136 | ||||||
JPMorgan Chase & Co., 4.400%, 07/22/20 | 1,727 | 1,669 | ||||||
JPMorgan Chase & Co., 6.300%, 04/23/19 | 1,699 | 1,881 | ||||||
Morgan Stanley, 7.300%, 05/13/19 | 1,402 | 1,577 | ||||||
Morgan Stanley, Ser F, 6.625%, 04/01/18 | 1,013 | 1,113 |
72
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Banks—continued | ||||||||
Northern Trust Corp., 5.200%, 11/09/12 | 1,484 | 1,587 | ||||||
12,916 | ||||||||
Beverages (1.1%) | ||||||||
Anheuser-Busch InBev Worldwide, Inc., 3.000%, 10/15/12 | 1,258 | 1,294 | ||||||
Diageo Capital PLC, 5.200%, 01/30/13 | 649 | 696 | ||||||
SABMiller PLC, 6.200%, 07/01/11(b) | 1,396 | 1,414 | ||||||
3,404 | ||||||||
Biotechnology (0.1%) | ||||||||
Life Technologies Corp., 5.000%, 01/15/21 | 331 | 331 | ||||||
Chemicals (1.9%) | ||||||||
Air Products & Chemicals, Inc., 4.150%, 02/01/13 | 721 | 751 | ||||||
E.I. du Pont de Nemours & Co., 4.250%, 04/01/21 | 694 | 687 | ||||||
E.I. du Pont de Nemours & Co., 5.000%, 07/15/13 | 958 | 1,034 | ||||||
Praxair, Inc., 1.750%, 11/15/12 | 2,005 | 2,030 | ||||||
Praxair, Inc., 4.625%, 03/30/15 | 1,542 | 1,669 | ||||||
6,171 | ||||||||
Computers (1.0%) | ||||||||
Hewlett-Packard Co., 4.500%, 03/01/13 | 553 | 589 | ||||||
IBM Corp., 7.625%, 10/15/18 | 2,172 | 2,718 | ||||||
3,307 | ||||||||
Diversified Financial Services (4.8%) | ||||||||
CME Group, Inc., 5.400%, 08/01/13 | 957 | 1,042 | ||||||
CME Group, Inc., 5.750%, 02/15/14 | 860 | 952 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(b) | 972 | 1,001 | ||||||
ERAC USA Finance LLC, 5.600%, 05/01/15(b) | 999 | 1,087 | ||||||
ERAC USA Finance LLC, 5.800%, 10/15/12(b) | 923 | 981 | ||||||
Jefferies Group, Inc., 8.500%, 07/15/19 | 1,224 | 1,444 | ||||||
Lazard Group LLC, 7.125%, 05/15/15 | 1,606 | 1,764 | ||||||
MassMutual Global Funding LLC, 2.300%, 09/28/15(b) | 968 | 937 | ||||||
NASDAQ OMX Group, Inc. (The), 5.550%, 01/15/20 | 1,014 | 993 | ||||||
TIAA Global Markets, Inc., 5.125%, 10/10/12(b) | 1,265 | 1,339 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15 | 602 | 612 | ||||||
Woodside Finance Ltd., 8.750%, 03/01/19(b) | 2,710 | 3,376 | ||||||
15,528 | ||||||||
Electric (3.0%) | ||||||||
Alabama Power Co., 5.800%, 11/15/13 | 925 | 1,025 | ||||||
Duke Energy Carolinas LLC, Ser C, 7.000%, 11/15/18 | 394 | 472 | ||||||
E.ON International Finance BV, 5.800%, 04/30/18(b) | 2,125 | 2,363 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 | 1,002 | 1,110 | ||||||
Georgia Power Co., 6.000%, 11/01/13 | 522 | 580 | ||||||
MidAmerican Energy Holdings Co., 6.125%, 04/01/36 | 758 | 804 | ||||||
Pacific Gas & Electric Co., 3.500%, 10/01/20 | 231 | 214 | ||||||
Pacific Gas & Electric Co., 6.050%, 03/01/34 | 819 | 854 | ||||||
Public Service Co. of Colorado, Ser 17, 6.250%, 09/01/37 | 491 | 552 | ||||||
Southern California Edison Co., 5.750%, 03/15/14 | 965 | 1,072 | ||||||
Wisconsin Power & Light Co., 6.375%, 08/15/37 | 529 | 604 | ||||||
9,650 | ||||||||
Food (1.2%) | ||||||||
Kellogg Co., 4.250%, 03/06/13 | 818 | 863 | ||||||
Kraft Foods, Inc., 6.500%, 02/09/40 | 712 | 760 | ||||||
Kroger Co. (The), 7.500%, 01/15/14 | 570 | 649 | ||||||
Tesco PLC, 5.500%, 11/15/17(b) | 1,393 | 1,545 | ||||||
3,817 | ||||||||
Healthcare — Products (0.5%) | ||||||||
Becton Dickinson and Co., 3.250%, 11/12/20 | 400 | 373 | ||||||
Covidien International Finance SA, 6.000%, 10/15/17 | 1,021 | 1,164 | ||||||
1,537 | ||||||||
73
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Healthcare — Services (0.6%) | ||||||||
Roche Holdings, Inc., 7.000%, 03/01/39(b) | 1,620 | 1,972 | ||||||
Household Products/Wares (0.2%) | ||||||||
Kimberly-Clark Corp., 3.625%, 08/01/20 | 585 | 574 | ||||||
Insurance (2.3%) | ||||||||
Berkshire Hathaway, Inc., 3.200%, 02/11/15 | 1,592 | 1,639 | ||||||
Berkshire Hathaway, Inc., 4.600%, 05/15/13 | 1,046 | 1,118 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(b) | 1,851 | 1,833 | ||||||
OneBeacon U.S. Holdings, Inc., 5.875%, 05/15/13 | 1,925 | 2,069 | ||||||
Teachers Insurance & Annuity Association of America, 6.850%, 12/16/39(b) | 683 | 770 | ||||||
7,429 | ||||||||
Media (1.6%) | ||||||||
Comcast Corp., 6.450%, 03/15/37 | 498 | 510 | ||||||
NBC Universal, Inc., 5.950%, 04/01/41(b) | 802 | 769 | ||||||
Thomson Reuters Corp., 5.950%, 07/15/13 | 278 | 306 | ||||||
Time Warner Cable, Inc., 5.850%, 05/01/17 | 2,066 | 2,260 | ||||||
Time Warner Cable, Inc., 8.250%, 02/14/14 | 981 | 1,141 | ||||||
Time Warner, Inc., 6.200%, 03/15/40 | 274 | 271 | ||||||
5,257 | ||||||||
Mining (0.9%) | ||||||||
Barrick Gold Corp., 6.950%, 04/01/19 | 364 | 436 | ||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(b) | 673 | 710 | ||||||
Barrick PD Australia Finance Property Ltd., 5.950%, 10/15/39 | 676 | 697 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 | 1,118 | 1,185 | ||||||
3,028 | ||||||||
Miscellaneous Manufacturer (1.7%) | ||||||||
General Electric Co., 5.000%, 02/01/13 | 2,132 | 2,271 | ||||||
General Electric Co., 5.250%, 12/06/17 | 644 | 701 | ||||||
Illinois Tool Works, Inc., 6.250%, 04/01/19 | 1,347 | 1,558 | ||||||
Siemens Financieringsmat, 6.125%, 08/17/26(b) | 788 | 888 | ||||||
5,418 | ||||||||
Office/Business Equip (0.5%) | ||||||||
Xerox Corp., 5.500%, 05/15/12 | 624 | 653 | ||||||
Xerox Corp., 6.350%, 05/15/18 | 968 | 1,094 | ||||||
1,747 | ||||||||
Oil & Gas (1.5%) | ||||||||
Ensco PLC, 4.700%, 03/15/21 | 1,021 | 1,014 | ||||||
Pride International, Inc., 6.875%, 08/15/20 | 504 | 571 | ||||||
Shell International Finance BV, 6.375%, 12/15/38 | 2,323 | 2,625 | ||||||
Total Capital SA, 3.000%, 06/24/15 | 593 | 605 | ||||||
4,815 | ||||||||
Oil & Gas Services (0.7%) | ||||||||
Baker Hughes, Inc., 5.125%, 09/15/40 | 817 | 775 | ||||||
Weatherford International Ltd., 6.500%, 08/01/36 | 619 | 619 | ||||||
Weatherford International Ltd., 9.625%, 03/01/19 | 743 | 946 | ||||||
2,340 | ||||||||
Pharmaceuticals (2.7%) | ||||||||
Abbott Laboratories, 5.600%, 11/30/17 | 1,715 | 1,940 | ||||||
Express Scripts, Inc., 5.250%, 06/15/12 | 1,272 | 1,333 | ||||||
GlaxoSmithKline Capital, Inc., 5.650%, 05/15/18 | 1,147 | 1,289 | ||||||
Merck & Co., Inc., 6.550%, 09/15/37 | 688 | 813 | ||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 | 646 | 699 | ||||||
Sanofi-Aventis SA, 4.000%, 03/29/21 | 1,631 | 1,604 | ||||||
Teva Pharmaceutical Finance Co. LLC, 6.150%, 02/01/36 | 356 | 388 | ||||||
Teva Pharmaceutical Finance II BV/III LLC, 3.000%, 06/15/15 | 683 | 690 | ||||||
8,756 | ||||||||
74
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Pipelines (2.8%) | ||||||||
El Paso Natural Gas Co., 5.950%, 04/15/17 | 495 | 545 | ||||||
Energy Transfer Partners LP, 7.500%, 07/01/38 | 648 | 749 | ||||||
Energy Transfer Partners LP, 9.000%, 04/15/19 | 1,187 | 1,500 | ||||||
Enterprise Products Operating LLC, 5.250%, 01/31/20 | 1,505 | 1,562 | ||||||
Enterprise Products Operating LLC, Ser J, 5.750%, 03/01/35 | 672 | 644 | ||||||
Rockies Express Pipeline LLC, 6.850%, 07/15/18(b) | 1,003 | 1,093 | ||||||
Southern Natural Gas Co., 5.900%, 04/01/17(b) | 305 | 339 | ||||||
TransCanada PipeLines Ltd., 6.100%, 06/01/40 | 883 | 927 | ||||||
Transcontinental Gas Pipe Line Co. LLC, 6.050%, 06/15/18 | 394 | 444 | ||||||
Williams Partners LP, 4.125%, 11/15/20 | 1,158 | 1,102 | ||||||
8,905 | ||||||||
Real Estate Investment Trusts (1.6%) | ||||||||
BioMed Realty LP, 3.850%, 04/15/16 | 748 | 740 | ||||||
Digital Realty Trust LP, 4.500%, 07/15/15 | 1,954 | 2,007 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20 | 429 | 447 | ||||||
Healthcare Realty Trust, Inc., 6.500%, 01/17/17 | 1,702 | 1,876 | ||||||
5,070 | ||||||||
Retail (2.0%) | ||||||||
Family Dollar Stores, Inc., 5.000%, 02/01/21 | 522 | 513 | ||||||
Wal-Mart Stores, Inc., 5.250%, 09/01/35 | 287 | 281 | ||||||
Wal-Mart Stores, Inc., 6.500%, 08/15/37 | 2,635 | 2,999 | ||||||
Walgreen Co., 4.875%, 08/01/13 | 747 | 809 | ||||||
Wesfarmers Ltd., 6.998%, 04/10/13(b) | 1,668 | 1,839 | ||||||
6,441 | ||||||||
Semiconductors (0.1%) | ||||||||
Analog Devices Inc., 3.000%, 04/15/16 | 283 | 282 | ||||||
Software (0.5%) | ||||||||
Oracle Corp., 5.750%, 04/15/18 | 1,358 | 1,521 | ||||||
Telecommunication Services (3.6%) | ||||||||
AT&T, Inc., 4.950%, 01/15/13 | 1,082 | 1,153 | ||||||
AT&T, Inc., 5.100%, 09/15/14 | 898 | 982 | ||||||
AT&T, Inc., 6.450%, 06/15/34 | 550 | 566 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 7.750%, 05/01/17(b) | 1,161 | 1,266 | ||||||
Cellco Partnership/Verizon Wireless Capital LLC, 5.550%, 02/01/14 | 716 | 786 | ||||||
Cisco Systems, Inc., 4.450%, 01/15/20 | 313 | 321 | ||||||
Cisco Systems, Inc., 5.500%, 02/22/16 | 796 | 894 | ||||||
Cisco Systems, Inc., 5.500%, 01/15/40 | 1,326 | 1,302 | ||||||
Rogers Communications, Inc., 7.500%, 03/15/15 | 612 | 722 | ||||||
Verizon Communications, Inc., 5.250%, 04/15/13 | 789 | 850 | ||||||
Verizon Communications, Inc., 5.550%, 02/15/16 | 777 | 863 | ||||||
Vodafone Group PLC, 5.500%, 06/15/11 | 1,695 | 1,711 | ||||||
11,416 | ||||||||
Transportation (0.2%) | ||||||||
United Parcel Service, Inc., 3.125%, 01/15/21 | 671 | 622 | ||||||
Trucking & Leasing (0.5%) | ||||||||
Aviation Capital Group, 7.125%, 10/15/20(b) | 1,165 | 1,215 | ||||||
Aviation Capital Group Corp., 6.750%, 04/06/21(b) | 535 | 535 | ||||||
1,750 | ||||||||
Water (0.4%) | ||||||||
Veolia Environment SA, 6.000%, 06/01/18 | 1,014 | 1,128 | ||||||
Total Corporate Bonds (Cost $130,427) | 140,513 | |||||||
U.S. Government Agency Mortgages (1.2%) | ||||||||
Government National Mortgage Association (1.2%) | ||||||||
Pool #780758, 7.000%, 04/15/13 | 35 | 36 | ||||||
Pool #494081, 7.000%, 08/15/14 | 50 | 53 |
75
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Government National Mortgage Association—continued | ||||||||
Pool #544525, 7.000%, 05/15/31 | 35 | 41 | ||||||
Pool #751387, 4.743%, 01/20/61 | 3,604 | 3,764 | ||||||
Total U.S. Government Agency Mortgages (Cost $3,871) | 3,894 | |||||||
U.S. Treasury Obligations (43.2%) | ||||||||
U.S. Treasury Bond (6.4%) | ||||||||
4.250%, 11/15/40 | 21,465 | 20,529 | ||||||
U.S. Treasury Notes (36.8%) | ||||||||
0.875%, 05/31/11 | 5,451 | 5,458 | ||||||
1.000%, 08/31/11 | 15,500 | 15,553 | ||||||
2.125%, 11/30/14 | 39,114 | 39,826 | ||||||
1.250%, 10/31/15 | 12,056 | 11,633 | ||||||
3.750%, 11/15/18(e) | 16,166 | 16,985 | ||||||
2.750%, 02/15/19 | 10,743 | 10,497 | ||||||
3.625%, 02/15/21 | 18,279 | 18,539 | ||||||
118,491 | ||||||||
Total U.S. Treasury Obligations (Cost $137,779) | 139,020 | |||||||
Units (0.0%) | ||||||||
Commercial Services (0.0%) | ||||||||
Alion Science Technology Corp.*(f)(g) | 20 | — | ||||||
Total Units (Cost $1) | — | |||||||
Money Market Fund (2.0%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(h) | 6,314,190 | 6,314 | ||||||
Total Money Market Fund (Cost $6,314) | 6,314 | |||||||
Total Investments (Cost $306,550)(i) — 99.0% | 318,431 | |||||||
Other assets in excess of liabilities — 1.0% | 3,235 | |||||||
Net Assets — 100.0% | $ | 321,666 | ||||||
* | Non-income producing security. | |
(a) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. | |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 16.7% of net assets as of March 31, 2011. |
(c) | The Fund’s adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(d) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. | |
(e) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. |
(f) | Valued at fair value using procedures approved by the Board. Fair valued securities held by the Fund represent, on a rounded basis, 0.0% of net assets as of March 31, 2011. |
(g) | Each unit consists of $1,000 principal amount of 12.000% senior secured notes due November 1, 2014 and one warrant to purchase 1.9439 shares of common stock. |
(h) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(i) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
MTN | — Medium Term Note |
76
Upfront | ||||||||||||||||||||||||||
Payments | ||||||||||||||||||||||||||
Notional | Fixed | Expiration | Made | Unrealized | ||||||||||||||||||||||
Underlying Instrument | Counterparty | Amount($) | Rate(%) | Date | (Received)($) | Value($) | Depreciation($) | |||||||||||||||||||
Whirlpool Corp. | Barclays Bank PLC | 2,130 | 1.000 | 06/20/16 | 59 | 55 | (4 | ) | ||||||||||||||||||
Ryder Systems, Inc. | JPMorgan | 2,135 | 1.000 | �� | 06/20/16 | 40 | 28 | (12 | ) | |||||||||||||||||
99 | 83 | (16 | ) | |||||||||||||||||||||||
Unrealized | ||||||||
Unfunded | Appreciation/ | |||||||
Borrower | Commitments($) | (Depreciation)($) | ||||||
CB Richard Ellis Services, Inc. | 290 | — | ||||||
CB Richard Ellis Services, Inc. | 290 | 1 | ||||||
1 | ||||||||
77
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Municipal Bonds (86.0%) | ||||||||
Alabama (1.2%) | ||||||||
Auburn University, Ser A, RB, 6.000%, 06/01/16, Prerefunded 06/01/11 @ 100, NATL-RE | 4,060 | 4,098 | ||||||
Birmingham Special Care Facilities Financing Authority Health Care Facilities, Children’s Hospital of Alabama, RB, 6.000%, 06/01/39, Callable 06/01/19 @ 100, AGC | 9,000 | 9,302 | ||||||
13,400 | ||||||||
Alaska (4.0%) | ||||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 5.500%, 09/01/23, Callable 09/01/19 @ 100, AGC | 18,000 | 19,604 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/28, Callable 09/01/19 @ 100, AGC | 15,500 | 16,909 | ||||||
Matanuska-Susitna Borough Lease, Goose Creek Correctional Center, RB, 6.000%, 09/01/32, Callable 09/01/19 @ 100, AGC | 7,250 | 7,728 | ||||||
44,241 | ||||||||
California (8.3%) | ||||||||
California Health Facilities Financing Authority, Ser C, RB, 6.250%, 10/01/24, Callable 10/01/18 @ 100 | 3,500 | 3,924 | ||||||
California Health Facilities Financing Authority, Ser C, RB, 6.500%, 10/01/33, Callable 10/01/18 @ 100 | 6,500 | 7,040 | ||||||
California Health Facilities Financing Authority, Ser C, RB, 6.500%, 10/01/38, Callable 10/01/18 @ 100 | 100 | 127 | ||||||
California Health Facilities Financing Authority, Ser C, RB, 6.500%, 10/01/38, Callable 10/01/18 @ 100 | 5,400 | 5,831 | ||||||
California State, GO, 6.500%, 04/01/33, Callable 04/01/19 @ 100 | 24,500 | 26,281 | ||||||
California State Department of Water Resources Power Supply, Ser M, RB, 5.000%, 05/01/14 | 5,000 | 5,538 | ||||||
California State Department of Water Resources Power Supply, Ser M, RB, 5.000%, 05/01/15 | 10,000 | 11,229 | ||||||
Los Angeles California Community College District, Ser A, GO, 6.000%, 08/01/33 | 10,000 | 10,590 | ||||||
Los Angeles California Wastewater System, Ser A, RB, 5.750%, 06/01/34, Callable 06/01/19 @ 100 | 5,000 | 5,277 | ||||||
Orange County Loma Ridge, COP, 6.000%, 06/01/21, Prerefunded 06/01/19 @ 100, AMBAC | 960 | 1,128 | ||||||
University of California, Ser O, RB, 5.750%, 05/15/27, Callable 05/15/19 @ 100 | 3,000 | 3,274 | ||||||
University of California, Ser O, RB, 5.750%, 05/15/28, Callable 05/15/19 @ 100 | 10,000 | 10,878 | ||||||
91,117 | ||||||||
Colorado (0.7%) | ||||||||
Adams & Arapahoe Counties Joint School District No. 28J Aurora, GO, 5.000%, 12/01/14, State Aid Withholding | 6,475 | 7,316 | ||||||
78
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Connecticut (0.1%) | ||||||||
Connecticut State Health & Educational Facilities Authority, Ascension Health Credit Group, RB, 3.500%, 11/15/29, Mandatory Put 02/01/12 @ 100(a) | 1,395 | 1,427 | ||||||
District of Columbia (0.8%) | ||||||||
District of Columbia, Income Tax, Ser A, RB, 5.500%, 12/01/30, Callable 12/01/19 @ 100 | 8,000 | 8,556 | ||||||
Florida (3.7%) | ||||||||
Brevard County Utility Authority, RB, 5.250%, 03/01/13, Callable 03/01/12 @ 100, NATL-RE/FGIC | 1,000 | 1,037 | ||||||
Brevard County Utility Authority, RB, 5.250%, 03/01/14, Callable 03/01/12 @ 100, NATL-RE/FGIC | 1,000 | 1,037 | ||||||
Florida State Board of Education, Capital Outlay, Public Education Project, GO, 9.125%, 06/01/14, ETM | 950 | 1,160 | ||||||
Florida State Board of Education, Capital Outlay, Public Education Project, Ser A, GO, 5.000%, 06/01/13 | 7,755 | 8,424 | ||||||
Florida State Board of Education, Capital Outlay, Public Education Project, Ser B, GO, 5.375%, 06/01/18, Callable 06/01/13 @ 100, FGIC/MBIA-RE | 2,130 | 2,241 | ||||||
Florida State Board of Education, Capital Outlay, Public Education Project, Ser C, GO, 5.000%, 06/01/16 | 6,065 | 6,885 | ||||||
Florida State Board of Education, Lottery, Ser A, RB, 5.375%, 07/01/15, Economically defeased 07/01/12 @ 101, NATL-RE/FGIC | 3,500 | 3,723 | ||||||
Highlands County Health Facilities Authority, Adventist Health, Ser G, RB, 5.125%, 11/15/18, Callable 11/15/16 @ 100(a) | 2,900 | 3,124 | ||||||
Lee County Memorial Health Systems Hospital, Ser A, RB, 5.750%, 04/01/15, Callable 04/01/12 @ 100, AGM | 1,000 | 1,034 | ||||||
Miami-Dade County, Building Better Communities Program, Ser B, GO, 6.000%, 07/01/23, Callable 07/01/18 @ 100 | 2,000 | 2,208 | ||||||
Miami-Dade County, Building Better Communities Program, Ser B, GO, 6.125%, 07/01/25, Callable 07/01/18 @ 100 | 3,000 | 3,285 | ||||||
Palm Beach County School Board, Ser B, COP, 5.000%, 08/01/25, Mandatory Put 08/01/11 @ 101, FGIC(a) | 3,000 | 3,042 | ||||||
Polk County School District Sales Tax Authority, RB, 5.250%, 10/01/15, Callable 10/01/14 @ 100, AGM | 2,000 | 2,134 | ||||||
Tampa Sales Tax Authority, Ser A, RB, 5.375%, 10/01/14, Prerefunded 10/01/11 @ 101, AMBAC | 1,640 | 1,697 | ||||||
41,031 | ||||||||
Georgia (2.3%) | ||||||||
Georgia State, Ser B, GO, 5.000%, 07/01/17, Callable 07/01/15 @ 100 | 2,000 | 2,228 | ||||||
Georgia State, Ser C, GO, 5.500%, 07/01/15, Callable 07/01/14 @ 100 | 5,595 | 6,318 | ||||||
Georgia State Road & Tollway Authority, Ser A, RB, 5.000%, 03/01/20(b) | 10,645 | 12,234 |
79
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Georgia—continued | ||||||||
Henry County School District, GO, 5.000%, 08/01/13, NATL-RE FGIC | 4,030 | 4,407 | ||||||
25,187 | ||||||||
Hawaii (0.5%) | ||||||||
Hawaii State, Ser DY, GO, 5.000%, 02/01/17 | 5,000 | 5,689 | ||||||
Illinois (1.6%) | ||||||||
Chicago O’ Hare International Airport, Third Lien, Ser D, RB, 5.250%, 01/01/19, Callable 01/01/15 @ 100, NATL-RE, AMT | 7,680 | 7,789 | ||||||
Grundy Kendall & Will Counties Community School District No. 201, GO, 5.750%, 10/15/21, Callable 10/15/18 @ 100, AGS | 4,340 | 4,721 | ||||||
Illinois State Sales Tax, First Ser, RB, 5.000%, 06/15/22, Callable 06/15/13 @ 100(c) | 2,975 | 3,012 | ||||||
University of Illinois, Auxiliary Facilities System, Ser A, RB, 5.750%, 04/01/38, Callable 04/01/19 @ 100 | 2,000 | 2,022 | ||||||
17,544 | ||||||||
Kansas (2.9%) | ||||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, Ser D, RB, 5.000%, 11/15/22, Callable 11/15/17 @ 100 | 2,000 | 2,106 | ||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, Ser D, RB, 5.000%, 11/15/24, Callable 11/15/17 @ 100 | 2,750 | 2,860 | ||||||
Kansas State Development Finance Authority, Adventist Bolingbrook Hospital, RB, 5.750%, 11/15/38, Callable 11/15/19 @ 100(c) | 26,090 | 26,820 | ||||||
31,786 | ||||||||
Kentucky (0.4%) | ||||||||
Louisville & Jefferson County Regional Airport Authority System, Ser C, RB, 5.500%, 07/01/15, Callable 07/01/13 @ 100, AGM, AMT | 3,625 | 3,838 | ||||||
Maryland (4.0%) | ||||||||
Maryland State, Ser B, GO, 5.000%, 03/01/18 | 5,000 | 5,796 | ||||||
Maryland State, Ser B, GO, 5.000%, 03/15/18 | 15,055 | 17,454 | ||||||
Maryland State & Local Facilities, Second Ser B, GO, 5.000%, 08/15/20, Callable 08/15/19 @ 100 | 14,030 | 15,985 | ||||||
Maryland State Department of Transportation, Consolidated Transportation, RB, 5.000%, 05/01/17, Callable 05/01/14 @ 100 | 4,500 | 4,960 | ||||||
44,195 | ||||||||
Massachusetts (2.3%) | ||||||||
Boston, Ser A, GO, 5.000%, 04/01/15 | 4,585 | 5,200 | ||||||
Commonwealth of Massachusetts, Ser A, GO, 5.000%, 04/01/26, Callable 04/01/21 @ 100 | 8,000 | 8,505 | ||||||
Massachusetts State, Consolidated Lien, Ser C, GO, 5.000%, 01/01/15 | 2,000 | 2,248 | ||||||
Massachusetts State, Consolidated Lien, Ser C, GO, 5.000%, 09/01/18, Callable 09/01/15 @ 100 | 5,310 | 5,839 | ||||||
Massachusetts State Department of Transportation, Metropolitan Highway System, Ser B, RB, 5.000%, 01/01/20 | 3,000 | 3,348 | ||||||
25,140 | ||||||||
Michigan (0.7%) | ||||||||
Detroit Sewer Disposal System, Senior Lien, Ser C, RB, 5.000%, 07/01/18, Callable 07/01/16 @ 100, FGIC/AGC-ICC | 2,500 | 2,604 |
80
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Michigan—continued | ||||||||
Kent Hospital Finance Authority, Spectrum Health, Ser A, RB, 5.000%, 01/15/47, Mandatory Put 01/15/12 @ 100(a) | 2,000 | 2,066 | ||||||
Michigan Municipal Bond Authority, Clean Water State Revolving Fund, RB, 5.375%, 10/01/17, Callable 10/01/12 @ 100 | 3,300 | 3,498 | ||||||
8,168 | ||||||||
Minnesota (1.1%) | ||||||||
Minnesota Public Facilities Authority, Revolving Fund, Ser A, RB, 5.000%, 03/01/14 | 5,000 | 5,575 | ||||||
Minnesota Public Facilities Authority, Revolving Fund, Ser A, RB, 5.000%, 03/01/17 | 5,525 | 6,391 | ||||||
11,966 | ||||||||
Missouri (0.7%) | ||||||||
Missouri State Highways & Transit Commission State Road, Second Lien, RB, 5.250%, 05/01/20, Callable 05/01/17 @ 100 | 6,500 | 7,290 | ||||||
Nevada (1.8%) | ||||||||
Clark County School District, Ser A, GO, 5.000%, 06/15/13, AGM | 5,000 | 5,375 | ||||||
Clark County School District, Ser A, GO, 5.000%, 06/15/19, Callable 06/15/15 @ 101, NATL-RE/FGIC | 13,250 | 13,942 | ||||||
19,317 | ||||||||
New Jersey (12.0%) | ||||||||
Garden State Preservation Trust, Open Space & Farmland Preservation, Ser A, RB, 5.800%, 11/01/18, Callable 11/01/15 @ 100, AGM(c) | 8,000 | 9,064 | ||||||
Garden State Preservation Trust, Open Space & Farmland Preservation, Ser A, RB, 5.800%, 11/01/20, Callable 11/01/15 @ 100, AGM(c) | 16,500 | 18,558 | ||||||
New Jersey Economic Development Authority, School Facilities Construction, Ser DD1, RB, 5.000%, 12/15/16 | 1,000 | 1,075 | ||||||
New Jersey Economic Development Authority, School Facilities Construction, Ser EE, RB, 5.000%, 09/01/18 | 13,750 | 14,510 | ||||||
New Jersey Economic Development Authority, School Facilities Construction, Ser O, RB, 5.000%, 03/01/20, Callable 03/01/15 @ 100 | 5,000 | 5,076 | ||||||
New Jersey Educational Facilities Authority, Higher Education Capital Improvement Fund, Ser A, RB, 5.000%, 09/01/16, Callable 09/01/15 @ 100, AGM | 9,000 | 9,551 | ||||||
New Jersey Environmental Infrastructure Trust, Ser B, RB, 5.000%, 09/01/28, Callable 09/01/19 @ 100 | 7,410 | 7,821 | ||||||
New Jersey State Higher Education Assistance Authority, Student Loan, Ser 1A, RB, 5.000%, 12/01/15 | 7,700 | 8,335 | ||||||
New Jersey State Higher Education Assistance Authority, Student Loan, Ser 1A, RB, 5.000%, 12/01/16 | 2,000 | 2,155 | ||||||
New Jersey State Higher Education Assistance Authority, Student Loan, Ser 1A, RB, 5.000%, 12/01/17 | 2,000 | 2,137 |
81
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
New Jersey—continued | ||||||||
New Jersey State Higher Education Assistance Authority, Student Loan, Ser A-2, RB, 1.261%, 06/01/36, AMT(a) | 10,000 | 9,861 | ||||||
New Jersey State Transportation Trust Fund Authority, Transportation System, Ser A, RB, 6.000%, 12/15/38, Prerefunded 12/15/18 @ 100 | 7,710 | 8,152 | ||||||
New Jersey State Transportation Trust Fund Authority, Transportation System, Ser D, RB, 5.000%, 06/15/19, Callable 06/15/15 @ 100, AGM | 13,125 | 13,673 | ||||||
New Jersey Transportation Trust Fund Authority, Ser B, RB, 5.250%, 12/15/15, AMBAC | 10,000 | 10,914 | ||||||
New Jersey Transportation Trust Fund Authority, Ser B, RB, 5.250%, 12/15/16, Callable 12/15/15 @ 100, NATL-RE | 10,000 | 10,770 | ||||||
131,652 | ||||||||
New York (10.9%) | ||||||||
Buffalo School Improvements, Ser D, GO, 5.500%, 12/15/14, Callable 12/15/11 @ 100, FGIC/MBIA-RE | 1,075 | 1,114 | ||||||
Erie County Industrial Development Agency, City School District Buffalo, Ser A, RB, 5.750%, 05/01/29, Callable 05/01/18 @ 100, BHAC | 5,340 | 5,704 | ||||||
Metropolitan Transportation Authority, New York Dedicated Tax Fund, Ser A, RB, 5.000%, 11/15/21, Callable 11/15/16 @ 100, NATL-RE | 7,000 | 7,392 | ||||||
New York City, Ser H, GO, 5.000%, 08/01/14, AMBAC(b) | 7,400 | 8,223 | ||||||
New York City, Ser H, GO, 5.000%, 08/01/15, AMBAC(b) | 5,000 | 5,606 | ||||||
New York City, Ser I, GO, 5.000%, 08/01/19, Callable 08/01/14 @ 100 | 10,000 | 10,493 | ||||||
New York City Municipal Water Finance Authority, Water & Sewer System, Ser A, RB, 5.750%, 06/15/40, Callable 06/15/18 @ 100(c) | 15,330 | 16,178 | ||||||
New York City Transitional Finance Authority, Building Aid, Ser S-2, RB, 6.000%, 07/15/38, Callable 07/15/18 @ 100, State Aid Withholding | 7,500 | 7,972 | ||||||
New York Local Government Assistance Corp., Ser B, RB, 5.000%, 04/01/14, GO of CORP | 8,925 | 9,955 | ||||||
New York State Dormitory Authority, Personal Income Tax, Ser F, RB, 5.000%, 03/15/18, Callable 03/15/15 @ 100, AGM | 5,000 | 5,381 | ||||||
New York State Dormitory Authority, Personal Income Tax, Ser F, RB, 5.000%, 03/15/21, Callable 03/15/15 @ 100, AGM | 10,000 | 10,460 | ||||||
New York State Thruway Authority, Ser A, RB, 5.000%, 03/15/18, Callable 03/15/15 @ 100, AGM | 3,615 | 3,890 | ||||||
New York State Thruway Authority, Ser A, RB, 5.000%, 03/15/19, Callable 03/15/16 @ 100 | 5,255 | 5,683 | ||||||
New York State Urban Development Corporation, Ser B, RB, 5.000%, 01/01/14 | 6,690 | 7,284 |
82
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
New York—continued | ||||||||
New York State Urban Development Corporation, Service Contract, Ser A-2, RB, 5.000%, 01/01/15 | 10,000 | 11,002 | ||||||
Tobacco Settlement Financing Corp., Ser A-1, RB, 5.500%, 06/01/14, Callable 10/25/10 @ 100 | 1,015 | 1,019 | ||||||
Triborough Bridge & Tunnel Authority, RB, 5.000%, 11/15/15 | 2,475 | 2,818 | ||||||
120,174 | ||||||||
North Carolina (6.4%) | ||||||||
North Carolina State, Capital Improvement Limited Obligation, Ser A, RB, 5.000%, 05/01/15, ST APPROP | 8,000 | 9,021 | ||||||
North Carolina State, Capital Improvement Limited Obligation, Ser A, RB, 5.000%, 05/01/18, ST APPROP | 10,000 | 11,357 | ||||||
North Carolina State, GO, 5.000%, 05/01/16, Prerefunded 05/01/2013 @ 100 | 3,500 | 3,808 | ||||||
North Carolina State, Ser A, GO, 5.000%, 03/01/17 | 3,000 | 3,474 | ||||||
North Carolina State, Ser B, GO, 5.000%, 06/01/18 | 15,100 | 17,527 | ||||||
North Carolina State, Ser C, GO, 5.000%, 05/01/19 | 16,000 | 18,514 | ||||||
Union County, Ser A, 5.000%, 03/01/19 | 4,175 | 4,816 | ||||||
University of North Carolina, Chapel Hill, Ser A, RB, 5.000%, 02/01/14 | 1,885 | 2,053 | ||||||
70,570 | ||||||||
Ohio (0.2%) | ||||||||
Cleveland Stadium Project, Ser A, COP, 5.000%, 11/15/16 | 2,200 | 2,371 | ||||||
Oregon (0.8%) | ||||||||
Oregon State Department of Transportation, Highway User Tax, Ser B, RB, 5.000%, 11/15/17, Callable 11/15/14 @ 100 | 2,500 | 2,766 | ||||||
Tri-County Metropolitan Transportation District, Refunding Limited Tax Pledge, Ser A, RB, 5.000%, 09/01/20, AGM | 5,170 | 5,559 | ||||||
8,325 | ||||||||
Pennsylvania (4.2%) | ||||||||
Allegheny County Port Authority, RB, 5.000%, 03/01/26, Callable 03/01/21 @ 100 | 1,595 | 1,587 | ||||||
Allegheny County Port Authority, RB, 5.750%, 03/01/29, Callable 03/01/21 @ 100 | 7,500 | 7,804 | ||||||
Easton Area School District, Ser 2006, GO, 7.750%, 04/01/25, Callable 04/01/16 @ 100, AGM | 8,790 | 10,128 | ||||||
Northampton County General Purpose Authority, St. Luke’s Hospital Project, Ser C, RB, 4.500%, 08/15/32, Callable 08/15/16 @ 100(a) | 1,500 | 1,510 | ||||||
Pennsylvania State, GO, 5.000%, 03/01/18, Callable 03/01/17 @ 100 | 5,950 | 6,696 | ||||||
Pennsylvania State, Ser A, GO, 5.000%, 02/15/17 | 7,500 | 8,585 | ||||||
University of Pittsburgh, Commonwealth System of Higher Education, Ser B, RB, 5.500%, 09/15/23, Callable 03/15/19 @ 100, GO of Authority | 6,750 | 7,517 | ||||||
University of Pittsburgh, Commonwealth System of Higher Education, Ser B, RB, 5.500%, 09/15/24, Callable 03/15/19 @ 100, GO of Authority | 2,500 | 2,762 | ||||||
46,589 | ||||||||
83
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
South Carolina (0.9%) | ||||||||
Beaufort County School District, Ser D, GO, 5.000%, 03/01/17, SCSDE | 6,500 | 7,402 | ||||||
South Carolina State Public Service Authority, Ser A, RB, 5.000%, 01/01/17, Callable 01/01/14 @ 100, AGM | 2,300 | 2,493 | ||||||
9,895 | ||||||||
Tennessee (1.3%) | ||||||||
Memphis, GO, BAN, 4.000%, 05/01/12 | 8,000 | 8,302 | ||||||
Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board, Vanderbilt University, Ser B, RB, 5.500%, 10/01/29, Callable 10/01/19 @ 100, GO of Authority | 5,000 | 5,408 | ||||||
13,710 | ||||||||
Texas (3.8%) | ||||||||
Dallas Independent School District, GO, 6.375%, 02/15/34, Callable 02/15/18 @ 100, PSF-GTD | 6,000 | 6,737 | ||||||
Harris County Health Facilities Development Authority, Memorial Hermann Healthcare System, Ser B, RB, 7.125%, 12/01/31, Callable 12/01/18 @ 100 | 4,050 | 4,373 | ||||||
Lower Colorado River Authority, Ser A, RB, 5.875%, 05/15/15, Callable 11/08/10 @ 100, AGM | 1,185 | 1,190 | ||||||
North Harris County Regional Water Authority, RB, 5.250%, 12/15/18, Callable 12/15/14 @ 100, NATL-RE | 2,690 | 2,940 | ||||||
San Antonio Electric & Gas, RB, 5.000%, 02/01/24, Callable 02/01/15 @ 100 | 1,875 | 1,951 | ||||||
Texas State, RB, TRANs, 2.000%, 08/31/11 | 3,000 | 3,022 | ||||||
Texas State Public Finance Authority, Unemployment Comp., Ser A, RB, 5.000%, 01/01/15 | 5,000 | 5,618 | ||||||
Texas State Public Finance Authority, Unemployment Comp., Ser A, RB, 5.000%, 01/01/17, Callable 01/01/16 @ 100 | 5,000 | 5,599 | ||||||
Texas State Public Finance Authority, Charter School Finance Corp., Ser A, RB, 6.200%, 02/15/40, Callable 02/15/20 @ 100 | 2,500 | 2,239 | ||||||
Texas State Public Finance Authority, Charter School Finance Corp., Cosmos Foundation, Inc., Ser Q, RB, Taxable, 8.125%, 02/15/27 | 2,500 | 2,496 | ||||||
Texas State University Systems Financing, RB, 5.000%, 03/15/18, Callable 03/15/15 @ 100, AGM | 5,035 | 5,534 | ||||||
41,699 | ||||||||
Virginia (5.7%) | ||||||||
Richmond, Ser C, GO, 5.000%, 07/15/16 | 4,000 | 4,606 | ||||||
Tobacco Settlement Financing Corp., RB, 5.625%, 06/01/37, Prerefunded 06/01/15 @ 100 | 8,700 | 10,065 | ||||||
Virginia Beach Development Authority, Public Facility, Ser B, RB, 5.000%, 08/01/17 | 11,135 | 12,757 | ||||||
Virginia Beach Development Authority, Public Facility, Ser C, RB, 5.000%, 08/01/16 | 4,370 | 5,002 | ||||||
Virginia College Building Authority Educational Facilities, 21st Century College & Equipment Program, Ser D, RB, 5.000%, 02/01/13 | 4,130 | 4,453 |
84
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Virginia—continued | ||||||||
Virginia Public School Authority, School Financing, Ser C, RB, 5.000%, 08/01/17, State Aid Withholding | 10,000 | 11,514 | ||||||
Virginia State, Ser D, GO, 5.000%, 06/01/18 | 6,000 | 6,969 | ||||||
Virginia State Resources Authority Clean Water, Revolving Fund, Ser A, RB, 5.000%, 10/01/18 | 5,810 | 6,725 | ||||||
62,091 | ||||||||
Washington (2.4%) | ||||||||
Energy Northwest, Project 3, Ser A, RB, 5.000%, 07/01/17 | 3,850 | 4,392 | ||||||
Pierce County School District No 10, Tacoma, GO, 5.000%, 12/01/16, Callable 12/01/13 @ 100, FGIC/MBIA-RE | 5,200 | 5,656 | ||||||
Seattle Municipal Light & Power, Ser B, RB, 5.000%, 02/01/17 | 4,830 | 5,487 | ||||||
Washington State, Ser A, GO, 5.000%, 07/01/19, Callable 07/01/14 @ 100 | 2,855 | 3,096 | ||||||
Washington State, Ser A, GO, 5.000%, 07/01/20, Callable 07/01/15 @ 100, AGM | 7,700 | 8,238 | ||||||
26,869 | ||||||||
Wisconsin (0.3%) | ||||||||
Wisconsin State, Ser A, GO, 5.000%, 05/01/16 | 2,915 | 3,320 | ||||||
Total Municipal Bonds (Cost $937,158) | 944,473 | |||||||
Money Market Fund (14.7%) | ||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.09%(d) | 161,850,828 | 161,851 | ||||||
Total Money Market Fund (Cost $161,851) | 161,851 | |||||||
Total Investments (Cost $1,099,009)(e) — 100.7% | 1,106,324 | |||||||
Liabilities in excess of other assets — (0.7)% | (7,463 | ) | ||||||
Net Assets — 100.0% | $ | 1,098,861 | ||||||
(a) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. | |
(b) | Denotes investment purchased on a when-issued or delayed-delivery basis. |
(c) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. |
(d) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(e) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
AGC | — Security guaranteed by Assured Guaranty Corporation | |
AGC-ICC | — Assured Guaranty Corporation Insured Custody Certificates | |
AGM | — Security guaranteed by Assured Guaranty Municipal Corporation | |
AMBAC | — Security guaranteed by American Municipal Bond Assurance Corporation | |
AMT | — Income subject to Alternative Minimum Tax | |
BAN | — Bond Anticipation Note | |
BHAC | — Security guaranteed by Berkshire Hathaway Assurance Corporation | |
COP | — Certificate of Participation | |
ETM | — Escrowed to Maturity | |
FGIC | — Security guaranteed by Financial Guaranty Insurance Company | |
GO | — General Obligation | |
MBIA-RE | — Security guaranteed by Municipal Bond Insurance Association | |
NATL-RE | — Reinsurance provided by National Public Finance Guarantee Corporation | |
PSF-GTD | — Security guaranteed by Permanent School Fund Guarantee Program | |
RB | — Revenue Bond | |
SCSDE | — Security guaranteed by South Carolina School Discount Enhancement | |
ST APPROP | — State Appropriation | |
TRANs | — Tax and Revenue Anticipation Notes |
85
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Asset-Backed Securities (30.9%) | ||||||||
Automobiles (8.6%) | ||||||||
Franklin Auto Trust, Ser 2008-A, Cl A4B, 2.204%, 05/20/16(a) | 1,000 | 1,004 | ||||||
USAA Auto Owner Trust, Ser 2008-3, Cl A3, 4.280%, 10/15/12 | 74 | 74 | ||||||
World Omni Auto Receivables Trust, Ser 2007-A, Cl A4, 0.255%, 11/15/12(a) | 811 | 810 | ||||||
1,888 | ||||||||
Credit Card (13.7%) | ||||||||
Cabela’s Master Credit Card Trust, Ser 2010-2A, Cl A2, 0.955%, 09/17/18(a)(b) | 1,000 | 1,005 | ||||||
Capital One Multi-Asset Execution Trust, Ser 2005-A10, Cl A, 0.335%, 09/15/15(a) | 1,000 | 995 | ||||||
Discover Card Master Trust, Ser 2007-A2, Cl A2, 0.650%, 06/15/15(a) | 1,000 | 1,002 | ||||||
3,002 | ||||||||
Home Equity (4.0%) | ||||||||
HSBC Home Equity Loan Trust, Ser 2006-2, Cl A1, 0.404%, 03/20/36(a) | 928 | 873 | ||||||
Other (4.6%) | ||||||||
SLM Student Loan Trust, Ser 2006-5, Cl A4, 0.383%, 04/25/23(a) | 1,015 | 1,003 | ||||||
Total Asset-Backed Securities (Cost $6,754) | 6,766 | |||||||
Collateralized Mortgage Obligations (67.1%) | ||||||||
CDC Commercial Mortgage Trust, Ser 2002-FX1, Cl A2, 5.676%, 11/15/30 | 436 | 441 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2474, Cl FJ, 0.605%, 07/15/17(a) | 762 | 764 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2589, Cl F, 0.454%, 03/17/33(a) | 1,170 | 1,161 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2693, Cl BF, 0.655%, 07/15/22(a) | 1,366 | 1,369 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2834, Cl KF, 0.605%, 04/15/30(a) | 1,234 | 1,233 | ||||||
Federal National Mortgage Association, Ser 2004-79, Cl FM, 0.550%, 11/25/24(a) | 2,819 | 2,819 | ||||||
Federal National Mortgage Association, Ser 2005-41, Cl LF, 0.500%, 09/25/33(a) | 1,726 | 1,724 | ||||||
Federal National Mortgage Association, Ser 2010-90, Cl MF, 0.650%, 04/25/28(a) | 2,448 | 2,445 | ||||||
GE Capital Commercial Mortgage Corp., Ser 2003-C1, Cl A3, 4.371%, 01/10/38 | 78 | 78 | ||||||
JPMorgan Chase Commercial Mortgage Securities, Ser 2004-CBX, Cl A4, 4.529%, 01/12/37 | 718 | 725 | ||||||
NCUA Guaranteed Notes, Ser 2010-R2, Cl 1A, 0.610%, 11/06/17(a) | 931 | 932 | ||||||
NCUA Guaranteed Notes, Ser 2011-R1, Cl 1A, 0.690%, 01/08/20(a) | 982 | 984 | ||||||
Total Collateralized Mortgage Obligations (Cost $14,602) | 14,675 | |||||||
Money Market Fund (5.3%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(c) | 1,168,306 | 1,168 | ||||||
Total Money Market Fund (Cost $1,168) | 1,168 | |||||||
Total Investments (Cost $22,524)(d) — 103.3% | 22,609 | |||||||
Liabilities in excess of other assets — (3.3)% | (726 | ) | ||||||
Net Assets — 100.0% | $ | 21,883 | ||||||
(a) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. | |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 4.6% of net assets as of March 31, 2011. |
(c) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(d) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
86
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Principal | ||||||||
Amount($) | Value($) | |||||||
Collateralized Mortgage Obligations (13.2%) | ||||||||
Federal Home Loan Mortgage Corporation, Ser 2708, Cl ZD, 5.500%, 11/15/33 | 336 | 359 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3351, Cl PC, 6.000%, 07/15/37(a) | 1,145 | 1,284 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3774, Cl EW, 3.500%, 12/15/25 | 411 | 376 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3780, Cl CL, 3.500%, 12/15/25(a) | 1,465 | 1,321 | ||||||
Federal National Mortgage Association, Ser 2010-134, Cl EB, 4.000%, 12/25/25 | 1,215 | 1,119 | ||||||
Morgan Stanley Reremic Trust, Ser 2009-GG10, Cl A4A, 5.808%, 08/12/45(b) | 353 | 381 | ||||||
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C21, Cl AM, 5.209%, 10/15/44(b) | 500 | 535 | ||||||
Total Collateralized Mortgage Obligations (Cost $5,297) | 5,375 | |||||||
U.S. Government Agency Mortgages (82.1%) | ||||||||
Federal Home Loan Mortgage Corporation (5.2%) | ||||||||
Pool #G02744, 6.000%, 03/01/37 | 597 | 651 | ||||||
Pool #G04337, 5.500%, 04/01/38(a) | 1,394 | 1,490 | ||||||
2,141 | ||||||||
Federal National Mortgage Association (76.9%) | ||||||||
Pool #466766, 3.880%, 12/01/20(a) | 1,072 | 1,055 | ||||||
Pool #AH2848, 3.000%, 01/01/26 | 495 | 483 | ||||||
Pool #AH3426, 3.000%, 01/01/26 | 317 | 310 | ||||||
Pool #776972, 5.500%, 04/01/29(a) | 682 | 736 | ||||||
Pool #725773, 5.500%, 09/01/34 | 2,952 | 3,175 | ||||||
Pool #735578, 5.000%, 06/01/35 | 999 | 1,052 | ||||||
Pool #888344, 5.000%, 10/01/35 | 337 | 354 | ||||||
Pool #745428, 5.500%, 01/01/36 | 438 | 470 | ||||||
Pool #745275, 5.000%, 02/01/36 | 5,863 | 6,170 | ||||||
Pool #745886, 5.500%, 04/01/36 | 1,955 | 2,101 | ||||||
Pool #888209, 5.500%, 05/01/36 | 1,108 | 1,191 | ||||||
Pool #745950, 6.000%, 11/01/36 | 411 | 449 | ||||||
Pool #888219, 5.500%, 03/01/37 | 1,145 | 1,228 | ||||||
Pool #889506, 6.000%, 03/01/37(c) | 656 | 718 | ||||||
Pool #889140, 5.500%, 05/01/37(c) | 1,244 | 1,338 | ||||||
Pool #995024, 5.500%, 08/01/37 | 635 | 683 | ||||||
Pool #889641, 5.500%, 08/01/37 | 498 | 536 | ||||||
Pool #889574, 6.000%, 08/01/37 | 459 | 501 | ||||||
Pool #995722, 5.000%, 05/01/38 | 180 | 189 | ||||||
Pool #995196, 6.000%, 07/01/38 | 3,187 | 3,481 | ||||||
Pool #889977, 5.500%, 10/01/38(a) | 1,155 | 1,242 | ||||||
Pool #995724, 6.000%, 04/01/39 | 1,227 | 1,342 | ||||||
Pool #AE7151, 3.500%, 10/01/40(a) | 2,423 | 2,285 | ||||||
3.500%, 04/01/41, TBA(c) | 300 | 283 | ||||||
31,372 | ||||||||
Total U.S. Government Agency Mortgages (Cost $33,403) | 33,513 | |||||||
Money Market Fund (6.3%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(d) | 2,593,224 | 2,593 | ||||||
Total Money Market Fund (Cost $2,593) | 2,593 | |||||||
Total Investments (Cost $41,293)(e) — 101.6% | 41,481 | |||||||
Liabilities in excess of other assets — (1.6)% | (660 | ) | ||||||
Net Assets — 100.0% | $ | 40,821 | ||||||
(a) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. | |
(b) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(e) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
TBA | — To Be Announced. Securities purchased on a forward commitment basis with an appropriate principal amount and no definitive maturity date. The actual principal and maturity date will be determined upon settlement date. |
87
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Municipal Bonds (92.8%) | ||||||||
Georgia (3.7%) | ||||||||
Georgia State Higher Education Facilities Authority, USG Real Estate Foundation III LLC, Ser A, RB, 4.750%, 06/15/41, Callable 06/15/20 @ 100, AGC | 300 | 261 | ||||||
Thomasville Hospital Authority, John D. Archbold Memorial Hospital, RB, 5.250%, 11/01/35, Callable 11/01/20 @ 100 | 750 | 678 | ||||||
939 | ||||||||
Maryland (82.4%) | ||||||||
Anne Arundel County Special Obligation, Arundel Mills Project, RB, 5.125%, 07/01/22, Callable 07/01/14 @ 100, County Guaranteed | 1,000 | 1,083 | ||||||
Baltimore, GO, 5.000%, 10/15/19 | 545 | 617 | ||||||
Baltimore, GO, 5.000%, 10/15/29, Callable 10/15/19 @ 100 | 500 | 519 | ||||||
Baltimore, Ser A, GO, 5.000%, 10/15/27, Callable 10/15/18 @ 100, AGM | 500 | 522 | ||||||
Baltimore County, Catholic Health Initiatives, Ser A, RB, 5.000%, 09/01/21, Callable 09/01/16 @ 100 | 550 | 584 | ||||||
Baltimore Sewer Improvement, Wastewater Projects, Ser C, RB, 5.000%, 07/01/22, Callable 07/01/16 @ 100, AMBAC | 1,000 | 1,057 | ||||||
Baltimore Sewer Improvement, Wastewater Projects, Ser C, RB, 5.625%, 07/01/39, Callable 07/01/19 @ 100 | 215 | 222 | ||||||
Charles County, GO, 4.000%, 04/01/17 | 500 | 547 | ||||||
Charles County, GO, 5.000%, 03/01/16 | 500 | 573 | ||||||
Frederick, GO, 5.000%, 03/01/27, Callable 03/01/19 @ 100 | 500 | 527 | ||||||
Frederick, GO, 5.000%, 03/01/34, Callable 03/01/19 @ 100 | 750 | 761 | ||||||
Frederick County, GO, 5.000%, 12/01/15 | 500 | 578 | ||||||
Frederick County, GO, 5.000%, 12/01/18 | 500 | 579 | ||||||
Harford County, GO, 5.000%, 07/15/25, Callable 07/15/15 @ 100 | 750 | 785 | ||||||
Howard County, GO, 5.000%, 02/15/15 | 1,000 | 1,134 | ||||||
Maryland Community Development Administration, Department of Housing & Community Development, RB, 5.000%, 09/01/27, Callable 03/01/17 @ 100, AMT | 500 | 485 | ||||||
Maryland Community Development Administration, Department of Housing & Community Development, Ser A-1, RB, 3.500%, 06/01/22, Callable 06/01/20 @ 100 | 500 | 487 | ||||||
Maryland Community Development Administration, Department of Housing & Community Development Residential, Ser B, RB, 5.250%, 09/01/35, Callable 03/01/20 @ 100 | 300 | 298 | ||||||
Maryland Environmental Service, RB, 5.000%, 11/01/22, Callable 11/01/20 @ 100 | 500 | 535 | ||||||
Maryland Health & Higher Educational Facilities Authority, RB, 6.000%, 07/01/41, Callable 07/01/21 @ 100 | 500 | 496 | ||||||
Maryland Health & Higher Educational Facilities Authority, John Hopkins University, Ser A, RB, 5.250%, 07/01/38, Callable 07/01/18 @ 100 | 1,000 | 1,028 | ||||||
Maryland Health & Higher Educational Facilities Authority, Lifebridge Health, RB, 5.000%, 07/01/28, Callable 07/01/17 @ 100, AGM | 520 | 502 | ||||||
Maryland Health & Higher Educational Facilities Authority, University of Maryland Medical System, RB, 5.000%, 07/01/34, Callable 07/01/19 @ 100 | 250 | 224 | ||||||
Maryland Health & Higher Educational Facilities Authority, University of Maryland Medical System, RB, 5.125%, 07/01/39, Callable 07/01/19 @ 100 | 500 | 445 |
88
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Maryland—continued | ||||||||
Maryland Health & Higher Educational Facilities Authority, Western Maryland Health System, Ser A, RB, 5.000%, 07/01/15, NATL-RE/FHA | 545 | 594 | ||||||
Maryland State, GO, 5.250%, 03/01/17 | 590 | 691 | ||||||
Maryland State, Ser C, GO, 5.000%, 03/01/21, Callable 03/01/19 @ 100 | 500 | 564 | ||||||
Maryland State Transportation Authority, Grant & Revenue Anticipation, RB, 5.250%, 03/01/18 | 500 | 585 | ||||||
Maryland State Transportation Authority, Grant & Revenue Anticipation, RB, 5.250%, 03/01/20, Callable 03/01/19 @ 100 | 750 | 861 | ||||||
Maryland State Transportation Authority, Transportation Facilities Project, RB, 5.000%, 07/01/23, Callable 07/01/18 @ 100 | 500 | 539 | ||||||
Montgomery County Revenue Authority, Lease, College Arts Center Project, Ser A, RB, 5.000%, 05/01/28, Callable 05/01/15 @ 100 | 500 | 502 | ||||||
Montgomery County Revenue Authority, Transportation Fund Lease, Ser A, RB, 5.125%, 11/01/29, Callable 11/01/18 @ 100 | 250 | 256 | ||||||
Montgomery County, Department of Finance, Public Transport Equipment, COP, 4.000%, 05/01/17 | 500 | 528 | ||||||
Prince George’s County, COP, 5.000%, 10/01/23, Callable 10/01/20 @ 100 | 500 | 534 | ||||||
St. Mary’s County, Construction Public Improvement, GO, 4.000%, 07/15/18 | 375 | 408 | ||||||
Wicomico County, GO, 4.000%, 02/01/20 | 250 | 263 | ||||||
20,913 | ||||||||
New York (2.0%) | ||||||||
Monroe County Industrial Development Corp., Unity Hospital Rochester Project, RB, 5.500%, 08/15/40, FHA, Callable 02/15/21 @ 100 | 500 | 506 | ||||||
Puerto Rico (4.7%) | ||||||||
Puerto Rico Electric Power Authority, Ser XX, RB, 5.250%, 07/01/40, Callable 07/01/20 @ 100 | 500 | 430 | ||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Ser A, RB, 6.375%, 08/01/39, Callable 08/01/19 @ 100 | 750 | 771 | ||||||
1,201 | ||||||||
Total Municipal Bonds (Cost $23,211) | 23,559 | |||||||
Money Market Fund (6.5%) | ||||||||
Federated Tax-Free Obligations Fund, Institutional Class, 0.09%(a) | 1,642,663 | 1,643 | ||||||
Total Money Market Fund (Cost $1,643) | 1,643 | |||||||
Total Investments (Cost $24,854)(b) — 99.3% | 25,202 | |||||||
Other assets in excess of liabilities — 0.7% | 181 | |||||||
Net Assets — 100.0% | $ | 25,383 | ||||||
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
AGC | — Security guaranteed by Assured Guaranty Corporation | |
AGM | — Security guaranteed by Assured Guaranty Municipal Corporation | |
AMBAC | — Security guaranteed by American Municipal Bond Assurance Corporation | |
AMT | — Income subject to Alternative Minimum Tax | |
COP | — Certificate of Participation | |
FHA | — Security guaranteed by Federal Housing Administration | |
GO | — General Obligation | |
NATL-RE | — Reinsurance provided by National Public Finance Guarantee Corporation | |
RB | — Revenue Bond |
89
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Municipal Bonds (96.3%) | ||||||||
North Carolina (87.7%) | ||||||||
Cape Fear Public Utility Authority, Water & Sewer System, RB, 5.000%, 08/01/35, Callable 08/01/18 @ 100 | 1,855 | 1,856 | ||||||
Charlotte Water & Sewer System, RB, 5.000%, 07/01/21, Callable 07/01/18 @ 100 | 1,080 | 1,192 | ||||||
Charlotte-Mecklenburg Hospital Authority, Health Care Systems, Ser A, RB, 5.000%, 01/15/21, Callable 01/15/17 @ 100 | 1,000 | 1,048 | ||||||
Greensboro, Ser C, GO, 5.000%, 02/01/19 | 1,385 | 1,599 | ||||||
Greensboro, Enterprise System, Ser A, RB, 5.000%, 06/01/25, Callable 06/01/17 @ 100 | 1,605 | 1,695 | ||||||
Iredell County School Project, COP, 5.125%, 06/01/27, Callable 06/01/18 @ 100 AGM | 1,000 | 1,022 | ||||||
Lenoir County, GO, 5.000%, 02/01/21, Callable 02/01/17 @ 100, AGM | 500 | 541 | ||||||
New Hanover County Hospital, New Hanover Regional Medical Center, Ser B, RB, 5.125%, 10/01/31, Callable 10/01/19 @ 100, AGM | 2,000 | 1,947 | ||||||
North Carolina Capital Facilities Finance Agency Exempt Facilities, Waste Management of Carolina Project, RB, 3.375%, 08/01/14, GTY AGMT — Waste Management, Inc., AMT | 250 | 247 | ||||||
North Carolina Capital Facilities Finance Agency, Duke University Project, Ser A, RB, 5.250%, 07/01/42, Prerefunded 10/01/12 @ 100 | 1,000 | 1,070 | ||||||
North Carolina Capital Facilities Finance Agency, Solid Waste Disposal, Duke Energy Carolina, Ser A, RB, 4.625%, 11/01/40, Callable 11/01/20 @ 100 | 1,500 | 1,306 | ||||||
North Carolina Eastern Municipal Power Agency, RB, 6.000%, 01/01/18, AMBAC | 1,000 | 1,148 | ||||||
North Carolina Eastern Municipal Power Agency, Power System, Ser C, RB, 5.375%, 01/01/16, Callable 01/01/13 @ 100 | 500 | 526 | ||||||
North Carolina Infrastructure Finance Corp., Ser A, COP, 5.000%, 02/01/15 | 2,290 | 2,558 | ||||||
North Carolina Medical Care Commission, RB, 5.000%, 10/01/20 | 1,215 | 1,293 | ||||||
North Carolina Medical Care Commission Health Care Facilities, Ser A, RB, 6.125%, 10/01/39, Callable 10/01/14 @ 100 | 750 | 763 | ||||||
North Carolina Medical Care Commission Health Care Facilities, Novant Health Obligations Group, Ser A, RB, 5.000%, 11/01/17, Callable 11/01/13 @ 100 | 1,290 | 1,349 | ||||||
North Carolina Medical Care Commission Health Care Facilities, University Health Systems, Ser D, RB, 6.000%, 12/01/29, Callable 12/01/18 @ 100 | 750 | 780 | ||||||
North Carolina Medical Care Commission Health Care Facilities, University Health Systems, Ser D, RB, 6.250%, 12/01/33, Callable 12/01/18 @ 100 | 2,000 | 2,086 | ||||||
North Carolina Medical Care Commission Health Care Facilities, Wake County Hospital System, Ser A, RB, 5.625%, 10/01/29, Callable 10/01/14 @ 100, AGM | 500 | 509 | ||||||
North Carolina Medical Care Commission Health Care Facilities, Wake County Hospital System, Ser A, RB, 5.875%, 10/01/38, Callable 10/01/14 @ 100, AGM | 500 | 506 | ||||||
North Carolina Municipal Power Agency, No. 1 Catawba Electric, RB, ETM, 5.000%, 01/01/20, Sinkable @ 01/01/19 @ 100 | 1,600 | 1,819 | ||||||
North Carolina Municipal Power Agency, No. 1 Catawba Electric, Ser A, RB, 5.000%, 01/01/30, Callable 01/01/19 @ 100 | 3,000 | 3,009 | ||||||
North Carolina Municipal Power Agency, No. 1 Catawba Electric, Ser A, RB, 5.250%, 01/01/15 | 1,000 | 1,111 |
90
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
North Carolina—continued | ||||||||
North Carolina State, Ser C, GO, 5.000%, 05/01/20 | 2,000 | 2,306 | ||||||
North Carolina State Ports Authority Facilities, Ser A, RB, 5.250%, 02/01/40, Callable 02/01/20 @ 100 | 1,500 | 1,387 | ||||||
North State Carolina, Ser A, GO, 5.000%, 03/01/16 | 1,000 | 1,121 | ||||||
North State Carolina, Ser B, GO, 5.000%, 06/01/16 | 1,000 | 1,155 | ||||||
Onslow County Hospital Authority, Onslow Memorial Hospital Project, RB, 5.125%, 04/01/18, Callable @ 10/01/16, NATL-RE | 500 | 537 | ||||||
Raleigh Durham Airport Authority, RB, 5.000%, 05/01/12, NATL-RE/FGIC, AMT | 1,000 | 1,040 | ||||||
University of North Carolina Systems Pool, Ser A, RB, 5.250%, 10/01/28, Callable 10/01/19 @ 100 | 500 | 528 | ||||||
Wake County, GO, 5.000%, 03/01/20 | 1,000 | 1,137 | ||||||
Wake County, RB, 5.000%, 01/01/26, Callable 01/01/20 @ 100 | 1,000 | 1,051 | ||||||
Wake County Industrial Facilities & Pollution Control Financing Authority, Carolina Power & Light Co. Project, RB, 5.375%, 02/01/17, Callable 02/01/12 @ 101 | 1,500 | 1,564 | ||||||
Wake County, Hammon Road Detention Center, Ser 2009, RB, 5.000%, 06/01/28, Callable 06/01/19 @ 100 | 585 | 604 | ||||||
Winston-Salem North Carolina Water & Sewer System, RB, 5.000%, 06/01/28, Callable 06/01/19 @ 100 | 250 | 262 | ||||||
Winston-Salem North Carolina Water & Sewer System, RB, 5.000%, 06/01/39, Callable 06/01/19 @ 100 | 2,000 | 1,997 | ||||||
45,669 | ||||||||
Puerto Rico (8.6%) | ||||||||
Commonwealth of Puerto Rico, GO, 5.250%, 07/01/20, AGM | 465 | 481 | ||||||
Puerto Rico Commonwealth Highway & Transportation Authority Highway, Ser CC, RB, 5.500%, 07/01/30 | 1,095 | 1,039 | ||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Ser A, RB, 5.250%, 08/01/27, Callable 08/01/19 @ 100 | 550 | 538 | ||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Ser A, RB, 5.250%, 08/01/57, Callable 08/01/17 @ 100 | 1,400 | 1,300 | ||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Ser A, RB, 6.000%, 08/01/42, Callable 08/01/19 @ 100 | 1,100 | 1,082 | ||||||
4,440 | ||||||||
Total Municipal Bonds (Cost $50,147) | 50,109 | |||||||
Money Market Fund (2.7%) | ||||||||
Federated Tax-Free Obligations Fund, Institutional Shares, 0.09%(a) | 1,411,077 | 1,411 | ||||||
Total Money Market Fund (Cost $1,411) | 1,411 | |||||||
Total Investments (Cost $51,558)(b) — 99.0% | 51,520 | |||||||
Other assets in excess of liabilities — 1.0% | 545 | |||||||
Net Assets — 100.0% | $ | 52,065 | ||||||
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
AGM | — Security guaranteed by Assured Guaranty Municipal Corporation | |
AMBAC | — Security guaranteed by American Municipal Bond Assurance Corporation | |
AMT | — Income subject to Alternative Minimum Tax | |
COP | — Certificate of Participation | |
ETM | — Escrowed to Maturity | |
FGIC | — Security guaranteed by Financial Guaranty Insurance Company | |
GO | — General Obligation | |
GTY AGMT | — Guaranty Agreement | |
NATL-RE | — Reinsurance provided by National Public Finance Guarantee Corporation | |
RB | — Revenue Bond |
91
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Bank Loans (86.8%) | ||||||||
Aerospace/Defense (2.7%) | ||||||||
AM General LLC, 3.246%, 09/30/12(a)(b) | 403 | 378 | ||||||
AM General LLC, 3.261%, 09/28/13(a)(b) | 7,295 | 6,833 | ||||||
DAE Aviation Holdings, Inc., 5.310%, 07/31/14(a)(b) | 8,577 | 8,591 | ||||||
DAE Aviation Holdings, Inc., 5.310%, 07/31/14(a)(b) | 8,904 | 8,918 | ||||||
Delos Aircraft, Inc., 7.000%, 03/17/16(a)(b) | 9,115 | 9,223 | ||||||
Hawker Beechcraft Acquisition Co. LLC, 2.246%-2.307%, 03/26/14(a)(b) | 13,623 | 11,996 | ||||||
Hawker Beechcraft Acquisition Co. LLC, 2.307%, 03/26/14(a)(b)(c) | 842 | 742 | ||||||
Hawker Beechcraft Acquisition Co. LLC, 10.500%, 03/26/14(a)(b)(c) | 3,268 | 3,315 | ||||||
Huntington Ingalls Industries, Inc., 2.500%, 04/01/16(a)(b)(c) | 13,315 | 13,215 | ||||||
Sequa Corp., 3.560%, 12/03/14(a)(b) | 12,523 | 12,290 | ||||||
Transdigm, Inc., 4.000%-5.250%, 02/14/17(a)(b) | 4,279 | 4,306 | ||||||
United Airlines, Inc., 2.313%, 02/03/14(a)(b) | 4,537 | 4,415 | ||||||
84,222 | ||||||||
Apparel (0.3%) | ||||||||
Claire’s Stores, Inc., 3.054%-5.000%, 05/29/14(a)(b) | 8,756 | 8,327 | ||||||
Auto Manufacturers (1.4%) | ||||||||
Ford Motor Co., 3.010%, 12/16/13(a)(b)(d) | 30,923 | 30,898 | ||||||
HHI Holdings LLC, 7.750%, 03/21/17(a)(b) | 9,275 | 9,252 | ||||||
Tenneco, Inc., 4.807%, 06/03/15(a)(b) | 5,136 | 5,149 | ||||||
45,299 | ||||||||
Auto Parts & Equipment (1.7%) | ||||||||
Allison Transmission, Inc., 3.010%, 08/07/14(a)(b)(d) | 21,785 | 21,557 | ||||||
Metaldyne Co. LLC, 7.750%, 10/28/16(a)(b) | 3,338 | 3,391 | ||||||
Pinafore LLC, 4.250%, 09/29/16(a)(b)(d) | 14,964 | 14,999 | ||||||
Remy International, Inc., 6.250%, 12/16/16(a)(b) | 6,973 | 7,042 | ||||||
TI Automotive Ltd., 9.500%, 07/01/16(a)(b) | 6,093 | 6,184 | ||||||
UCI International, Inc., 5.500%, 07/26/17(a)(b) | 1,771 | 1,782 | ||||||
54,955 | ||||||||
Banks (0.3%) | ||||||||
CIT Group, Inc., 6.250%, 08/11/15(a)(b)(d) | 8,898 | 9,035 | ||||||
Building Materials (0.7%) | ||||||||
Armstrong World Industries, Inc., 4.000%, 03/09/18(a)(b) | 9,930 | 9,967 | ||||||
Building Materials Corp. of America, 3.000%, 02/24/14(a)(b) | 1,468 | 1,468 | ||||||
CPG International, Inc., 6.000%, 02/18/17(a)(b) | 2,843 | 2,841 | ||||||
Goodman Global Holdings, Inc., 5.750%, 10/28/16(a)(b) | 5,468 | 5,481 | ||||||
Goodman Global Holdings, Inc., 9.000%, 10/30/17(a)(b) | 1,400 | 1,437 | ||||||
21,194 | ||||||||
Chemicals (3.2%) | ||||||||
Chemtura Corp., 5.500%, 08/27/16(a)(b) | 4,035 | 4,070 | ||||||
Houghton International, Inc., 6.750%, 01/29/16(a)(b) | 4,421 | 4,451 | ||||||
Huntsman International LLC, 1.746%-1.804%, 04/21/14(a)(b) | 2,778 | 2,729 | ||||||
Huntsman International LLC, 2.746%-2.804%, 04/19/17(a)(b) | 7,573 | 7,511 | ||||||
INEOS U.S. Finance LLC, 7.001%, 12/14/12(a)(b) | 105 | 108 | ||||||
INEOS U.S. Finance LLC, 7.501%, 12/16/13(a)(b) | 8,163 | 8,422 | ||||||
INEOS U.S. Finance LLC, 8.001%, 12/16/14(a)(b) | 4,871 | 5,050 | ||||||
MacDermid, Inc., 2.246%, 04/12/14(a)(b) | 2,899 | 2,856 |
92
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Chemicals—continued | ||||||||
Momentive Specialty Chemicals, Inc., 2.250%, 05/05/13(a)(b) | 1,781 | 1,670 | ||||||
Momentive Specialty Chemicals, Inc., 2.563%, 05/05/13(a)(b) | 2,946 | 2,915 | ||||||
Momentive Specialty Chemicals, Inc., 4.063%, 05/05/15(a)(b) | 3,263 | 3,228 | ||||||
Momentive Specialty Chemicals, Inc., 4.063%, 05/05/15(a)(b) | 1,373 | 1,358 | ||||||
Nalco Co., 4.500%, 10/05/17(a)(b) | 4,537 | 4,574 | ||||||
Nexeo Solutions LLC, 5.000%, 09/08/17(a)(b) | 13,835 | 13,835 | ||||||
Omnova Solutions, Inc., 5.750%, 05/31/17(a)(b) | 1,895 | 1,907 | ||||||
Rockwood Specialties Group, Inc., 3.750%, 02/09/18(a)(b) | 3,320 | 3,337 | ||||||
Solutia, Inc., 3.500%, 08/01/17(a)(b) | 1,610 | 1,619 | ||||||
Styron S.A.R.L LLC, 6.000%, 08/02/17(a)(b) | 12,504 | 12,573 | ||||||
Univar, Inc., 5.000%, 06/30/17(a)(b) | 19,539 | 19,605 | ||||||
101,818 | ||||||||
Commercial Services (4.7%) | ||||||||
Acosta, Inc., 4.750%, 03/01/18(a)(b) | 4,475 | 4,480 | ||||||
BNY ConvergEx Group LLC, 8.750%, 12/18/17(a)(b) | 1,104 | 1,132 | ||||||
Booz Allen Hamilton, Inc., 4.000%, 08/03/17(a)(b) | 2,220 | 2,236 | ||||||
Brock Holdings III, Inc., 6.000%, 03/16/17(a)(b) | 4,270 | 4,273 | ||||||
Catalina Marketing Corp., 2.996%, 10/01/14(a)(b) | 8,303 | 8,248 | ||||||
Cengage Learning Acquisitions, Inc., 2.500%, 07/03/14(a)(b)(d) | 22,942 | 21,954 | ||||||
Cenveo Corp., 6.250%, 12/21/16(a)(b) | 7,995 | 8,045 | ||||||
CoreLogic, Inc., 4.750%, 04/12/16(a)(b) | 6,476 | 6,496 | ||||||
Hertz Corp. (The), 3.750%, 03/09/18(a)(b) | 4,855 | 4,858 | ||||||
IWCO Direct, Inc., 3.629%, 08/05/14(a)(b) | 2,166 | 1,846 | ||||||
IWCO Direct, Inc., 3.629%, 08/07/14(a)(b) | 18,207 | 15,521 | ||||||
JMC Steel Group, Inc., 4.750%, 04/03/17(a)(b) | 1,935 | 1,941 | ||||||
Merrill Communications LLC, 7.500%, 12/24/12(a)(b) | 3,077 | 3,073 | ||||||
Merrill Communications LLC, 13.750%-14.000%, 11/15/13(a)(b) | 2,069 | 2,064 | ||||||
Prisidio, Inc., 5.500%, 03/31/17(a)(b)(c) | 10,750 | 10,589 | ||||||
Quad/Graphics, Inc., 5.500%, 04/14/16(a)(b) | 4,044 | 4,038 | ||||||
Trans Union LLC, 4.750%, 02/12/18(a)(b) | 4,665 | 4,684 | ||||||
Travel Port LLC, 4.963%, 08/21/15(c) | 2,494 | 2,461 | ||||||
Vertafore, Inc., 5.250%, 07/29/16(a)(b) | 4,454 | 4,458 | ||||||
Vertafore, Inc., 9.750%, 10/27/17(a)(b) | 2,800 | 2,844 | ||||||
Walter Industries, Inc., 3.000%, 03/05/18(a)(b) | 26,480 | 26,632 | ||||||
Waste Industries USA, Inc., 4.750%, 03/17/17(a)(b) | 7,000 | 7,009 | ||||||
Yell Group PLC, 2.746%, 04/29/11(a)(e) | 1,500 | 1,463 | ||||||
150,345 | ||||||||
Computers (0.0%) | ||||||||
Network Solutions LLC, 2.500%, 03/07/14(a)(b) | 1,579 | 1,561 | ||||||
Consumer Discretionary (0.1%) | ||||||||
Collective Brands Finance, Inc., 3.004%-3.064%, 08/17/14(a)(b) | 2,959 | 2,954 | ||||||
Consumer Staples (0.4%) | ||||||||
Pierre Foods, Inc., 7.000%, 09/30/16(a)(b) | 5,298 | 5,317 | ||||||
Pinnacle Foods Holdings Corp., 6.000%, 04/02/14(a)(b) | 1,553 | 1,565 | ||||||
Revlon Consumer Products Corp., 6.000%, 03/11/15(a)(b)(c) | 7,475 | 7,491 | ||||||
14,373 | ||||||||
93
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Diversified Financial Services (6.8%) | ||||||||
Affinion Group, Inc., 5.000%, 10/10/16(a)(b) | 12,473 | 12,455 | ||||||
AGFS Funding Co., 7.250%, 04/21/15(a)(b) | 16,325 | 16,335 | ||||||
American Capital Holdings, Inc., 7.500%, 12/31/13(a)(b) | 2,393 | 2,397 | ||||||
BNY ConvergEx Group LLC, 5.250%, 12/16/16(a)(b) | 2,247 | 2,257 | ||||||
BNY ConvergEx Group LLC, 5.250%, 12/30/17(a)(b) | 5,354 | 5,379 | ||||||
BNY ConvergEx Group LLC, 8.750%, 12/19/16(a)(b) | 2,631 | 2,697 | ||||||
CNO Financial Group, Inc., 7.500%, 09/30/16(a)(b) | 6,946 | 6,984 | ||||||
East Valley Tourist Development Authority, 12.000%, 08/06/12(a)(e) | 1,640 | 1,369 | ||||||
Fifth Third Processing Solutions LLC, 5.500%, 11/03/16(a)(b) | 9,820 | 9,850 | ||||||
First Data Corp., 3.002%, 09/24/14(a)(b) | 2,115 | 2,024 | ||||||
First Data Corp., 3.002%, 09/24/14(a)(b)(c) | 35,469 | 33,951 | ||||||
First Data Corp., 3.002%, 09/24/14(a)(b)(c) | 22,537 | 21,579 | ||||||
Interactive Data Corp., 4.750%, 02/12/18(a)(b) | 11,835 | 11,846 | ||||||
International Lease Finance Corp., 6.750%, 03/17/15(a)(b) | 6,095 | 6,118 | ||||||
MacAndrews AMG Holdigns LLC, 6.053%, 04/17/12(a)(b) | 9,465 | 8,802 | ||||||
Microsemi Corp., 4.000%, 11/02/17(a)(b) | 7,825 | 7,879 | ||||||
Microsemi Corp., 4.000%, 11/02/17(a)(b) | 978 | 981 | ||||||
MSCI, Inc., 3.750%, 03/14/17(a)(b)(d) | 11,663 | 11,707 | ||||||
NDS Finance Ltd., 4.000%, 03/12/18(a)(b) | 27,530 | 27,434 | ||||||
Nielsen Finance LLC, 2.259%, 08/09/13(a)(b) | 3,616 | 3,591 | ||||||
Nielsen Finance LLC, 4.009%, 05/02/16(a)(b) | 2,702 | 2,700 | ||||||
Nuveen Investments, Inc., 3.304%-3.307%, 11/13/14(a)(b) | 2,147 | 2,060 | ||||||
Nuveen Investments, Inc., 5.804%-5.813%, 05/12/17(a)(b) | 7,508 | 7,525 | ||||||
Peach Holdings, Inc., 8.250%-9.250%, 11/21/13(a)(b)(c) | 576 | 512 | ||||||
Sabic Innovative Plastic, 2.746%, 08/29/14(a)(b) | 1,733 | 1,731 | ||||||
SunGard Data Systems, Inc., 2.004%-2.009%, 02/28/14(a)(b) | 3,374 | 3,315 | ||||||
SunGard Data Systems, Inc., 3.760%, 02/28/14(a)(b) | 3,000 | 3,004 | ||||||
216,482 | ||||||||
Electric (2.6%) | ||||||||
Equipower Resources Holdings LLC, 5.750%, 01/26/18(a)(b) | 4,185 | 4,216 | ||||||
GenOn Energy, Inc., 6.000%, 09/08/17(a)(b) | 7,567 | 7,643 | ||||||
New Development Holdings, Inc., 4.500%, 04/02/18(a)(b) | 19,340 | 19,403 | ||||||
NRG Energy, Inc., 2.057%, 02/01/13(a)(b) | 6,391 | 6,354 | ||||||
NRG Energy, Inc., 2.057%, 02/01/13(a)(b) | 4,983 | 4,954 | ||||||
Texas Competitive Electric Holdings Co. LLC, 3.746%-3.803%, 10/10/14(a)(b) | 14,646 | 12,328 | ||||||
Texas Competitive Electric Holdings Co. LLC, 3.746%-3.803%, 10/10/14(a)(b) | 6,215 | 5,217 | ||||||
Texas Competitive Electric Holdings Co. LLC, 3.746%-3.803%, 10/10/14(a)(b)(d) | 22,012 | 18,528 | ||||||
Texas Competitive Electric Holdings Co. LLC, 3.746%-3.803%, 10/10/14(a)(b) | 5,910 | 4,924 | ||||||
83,567 | ||||||||
94
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Electrical Components & Equipment (0.6%) | ||||||||
Encompass Digital Media, Inc., 7.750%, 02/25/16(a)(b) | 8,505 | 8,484 | ||||||
Macrovision Solution Cop., 2.820%, 02/18/16(a)(b) | 5,355 | 5,348 | ||||||
Macrovision Solution Corp., 4.000%, 02/07/18(a)(b) | 5,355 | 5,388 | ||||||
19,220 | ||||||||
Electronics (0.1%) | ||||||||
CPI International, Inc., 5.000%, 02/09/17(a)(b) | 1,890 | 1,900 | ||||||
Energy (1.5%) | ||||||||
Aquilex Holdings LLC, 6.000%, 04/01/16(a)(b) | 3,594 | 3,585 | ||||||
Aventine Renewable Energy Holdings, Inc., 10.500%, 12/21/15(a)(b)(c) | 14,179 | 14,100 | ||||||
Brand Energy & Infrastructure Services, Inc., 0.500%-2.250%, 02/05/13(a)(b) | 7,500 | 7,024 | ||||||
EnergySolutions LLC, 6.250%, 08/12/16(a)(b) | 2,888 | 2,900 | ||||||
FirstLight Power Resources, Inc., 2.813%, 11/01/13(a)(b) | 520 | 512 | ||||||
FirstLight Power Resources, Inc., 4.813%, 05/01/14(a)(b) | 4,580 | 4,328 | ||||||
KGen LLC, 0.153%, 02/08/14(a)(b) | 7,857 | 7,798 | ||||||
KGen LLC, 2.000%, 02/10/14(a)(b) | 7,416 | 7,361 | ||||||
MACH Gen LLC, 2.307%, 02/22/13(a)(b) | 1,068 | 990 | ||||||
48,598 | ||||||||
Entertainment (3.9%) | ||||||||
Blackstone UTP, 7.750%, 11/06/14(a)(b) | 4,254 | 4,296 | ||||||
Caesars Entertainment Operating Co., 3.303%, 01/28/15(a)(b) | 5,900 | 5,481 | ||||||
Caesars Entertainment Operating Co., 3.303%, 01/28/15(a)(b) | 11,535 | 10,717 | ||||||
Caesars Entertainment Operating Co., 9.500%, 10/31/16(a)(b) | 4,084 | 4,300 | ||||||
Carmike Cinemas, Inc., 5.500%, 01/27/16(a)(b) | 5,575 | 5,585 | ||||||
CCM Merger, Inc., 7.000%, 03/01/17(a)(b) | 6,260 | 6,333 | ||||||
Cedar Fair LP, 4.000%, 12/15/17(a)(b) | 2,505 | 2,517 | ||||||
Cinedigm Digital Funding I LLC, 5.250%, 04/29/16(a)(b) | 4,216 | 4,184 | ||||||
Cinemark USA, Inc., 3.510%-3.570%, 04/29/16(a)(b) | 2,032 | 2,039 | ||||||
Digital Cinema Implementation LLC, , 03/31/17(b)(c)(f) | 12,000 | 11,970 | ||||||
IMG Worldwide, Inc., 7.250%, 06/15/15(a)(e) | 14,434 | 14,398 | ||||||
Live Nation Entertainment, Inc., 4.500%, 11/07/16(a)(b) | 6,059 | 6,074 | ||||||
Regal Cinemas, Inc., 3.557%, 08/23/17(a)(b) | 3,342 | 3,347 | ||||||
Sea World Parks & Entertainment, Inc., 6.750%, 08/17/17(a)(b) | 8,923 | 8,973 | ||||||
Six Flags Theme Parks, Inc., 5.250%, 06/30/16(a)(b) | 4,245 | 4,279 | ||||||
Summit Entertainment LLC, 8.250%, 09/07/16(a)(b) | 18,985 | 18,653 | ||||||
Universal City Development Partners Ltd., 5.500%, 11/06/14(a)(b) | 9,123 | 9,160 | ||||||
122,306 | ||||||||
Food (2.1%) | ||||||||
Burger King Corp., 4.500%, 10/19/16(a)(b) | 4,464 | 4,457 | ||||||
Dean Foods Co., 1.810%, 04/02/14(a)(b) | 4,602 | 4,475 | ||||||
Del Monte Foods Co., 4.500%, 03/08/18(a)(b) | 16,825 | 16,853 | ||||||
DineEquity, Inc., 4.250%, 10/19/17(a)(b) | 4,557 | 4,589 | ||||||
Dole Food Co., Inc., 5.000%-5.500%, 03/02/17(a)(b) | 1,284 | 1,291 | ||||||
Dole Food Co., Inc., 5.500%, 03/02/17(a)(b) | 517 | 520 | ||||||
Dunkin’ Brands, Inc., 4.250%, 11/23/17(a)(b) | 16,294 | 16,393 |
95
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Food—continued | ||||||||
Green Mountain Coffee Roasters, Inc., 5.500%, 12/16/16(a)(b) | 12,773 | 12,869 | ||||||
Windsor Quality Food Co. Ltd., 5.000%, 02/16/17(a)(b) | 3,475 | 3,466 | ||||||
Wm. Bolthouse Farms, Inc., 5.500%-5.750%, 02/11/16(a)(b) | 2,633 | 2,653 | ||||||
67,566 | ||||||||
Forest Products & Paper (0.1%) | ||||||||
Georgia-Pacific Corp., 3.557%-3.560%, 12/23/14(a)(b) | 3,866 | 3,876 | ||||||
Health Care (7.0%) | ||||||||
Alere, Inc., 2.246%-2.260%, 06/26/14(a)(b) | 2,931 | 2,887 | ||||||
Ardent Medical Services, Inc., 6.500%, 09/15/15(a)(b) | 8,044 | 8,057 | ||||||
Axcan Pharma, Inc., 5.500%, 02/10/17(a)(b) | 12,648 | 12,606 | ||||||
Bausch & Lomb, Inc., 3.496%, 04/24/15(a)(b) | 380 | 379 | ||||||
Bausch & Lomb, Inc., 3.496%-3.557%, 04/24/15(a)(b) | 1,564 | 1,561 | ||||||
Biomet, Inc., 3.246%-3.308%, 03/25/15(a)(b) | 4,884 | 4,876 | ||||||
CareStream Health, Inc., 5.000%, 02/25/17(a)(b) | 34,195 | 33,530 | ||||||
Community Health Systems, Inc., 2.561%, 07/25/14(a)(b)(c) | 28,626 | 28,317 | ||||||
Community Health Systems, Inc., 2.561%, 07/25/14(a)(b) | 1,721 | 1,702 | ||||||
Community Health Systems, Inc., 3.811%, 01/25/17(a)(b)(d) | 7,629 | 7,613 | ||||||
Convatec, Inc., 5.750%, 12/22/16(a)(b) | 6,100 | 6,106 | ||||||
CRC Health Corp., 4.807%, 11/16/15(a)(b) | 4,178 | 4,105 | ||||||
DaVita, Inc., 4.500%, 10/20/16(a)(b) | 6,544 | 6,566 | ||||||
Gentiva Health Services, Inc., 4.750%, 08/17/16(a)(b) | 2,740 | 2,759 | ||||||
Grifols, Inc., 4.250%, 11/23/16(a)(b)(c) | 7,600 | 7,646 | ||||||
Harlan Sprague Dawley, Inc., 3.750%-3.790%, 07/11/14(a)(b)(g) | 4,794 | 4,454 | ||||||
HCA, Inc., 1.557%, 11/19/12(a)(b)(d) | 23,559 | 23,416 | ||||||
HCA, Inc., 2.557%, 11/18/13(a)(b) | 8,382 | 8,337 | ||||||
Health Management Associates, Inc., 2.057%, 02/28/14(a)(b) | 5,742 | 5,682 | ||||||
IASIS Healthcare LLC, 2.246%, 03/14/14(a)(b) | 698 | 690 | ||||||
IASIS Healthcare LLC, 2.246%, 03/14/14(a)(b) | 2,018 | 1,994 | ||||||
IASIS Healthcare LLC, 2.248%, 03/14/14(a)(b) | 191 | 189 | ||||||
IASIS Healthcare LLC, 5.554%, 06/13/14(a)(b) | 4,819 | 4,757 | ||||||
MedAssets, Inc., 5.250%, 11/16/16(a)(b) | 4,888 | 4,911 | ||||||
MultiPlan, Inc., 4.750%, 08/26/17(a)(b) | 6,952 | 6,961 | ||||||
Universal Health Services, Inc., 4.000%, 11/15/16(a)(b) | 12,906 | 12,963 | ||||||
Vanguard Health Holding Co. II LLC, 5.000%, 01/29/16(a)(b) | 7,444 | 7,459 | ||||||
Warner Chilcott Co., LLC, 4.250%, 03/14/18(a)(b) | 2,893 | 2,912 | ||||||
Warner Chilcott Corp., 4.250%, 03/14/18(a)(b) | 5,785 | 5,824 | ||||||
WC LUXO S.A.R.L., 4.250%, 03/14/18(a)(b) | 3,977 | 4,004 | ||||||
223,263 | ||||||||
Healthcare — Services (0.4%) | ||||||||
HCR Healthcare LLC, 3.500%, 02/04/18(a)(b) | 7,595 | 7,453 | ||||||
inVentiv Health, Inc., 1.625%, 08/04/16(a)(b) | 2,983 | 2,995 | ||||||
inVentiv Health, Inc., 4.750%, 08/04/16(a)(b) | 1,488 | 1,493 | ||||||
11,941 | ||||||||
Industrials (0.2%) | ||||||||
Bucyrus International, Inc., 4.250%, 02/19/16(a)(b) | 6,864 | 6,864 | ||||||
96
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Information Technology (1.9%) | ||||||||
Aspect Software, Inc., 6.250%, 04/19/16(a)(b) | 4,554 | 4,588 | ||||||
CDWC LLC, 4.500%, 07/15/17(a)(b) | 11,094 | 11,053 | ||||||
Ceridian Corp., 3.248%, 11/10/14(a)(b) | 12,173 | 11,841 | ||||||
Fidelity National Information Services, Inc., 5.250%, 07/18/16(a)(b) | 5,413 | 5,444 | ||||||
Flextronics International Ltd., 2.496%, 10/01/14(a)(b) | 749 | 744 | ||||||
Flextronics International Ltd., 2.504%, 10/01/14(a)(b) | 452 | 448 | ||||||
Flextronics International Ltd., 2.504%-2.511%, 10/01/14(a)(b) | 1,912 | 1,897 | ||||||
Flextronics International Ltd., 2.511%, 10/01/12(a)(b) | 7,090 | 7,044 | ||||||
Savvis Communications Corp., 6.750%, 08/04/16(a)(b)(d) | 14,010 | 14,087 | ||||||
SonicWall, Inc., 8.250%-8.500%, 01/22/16(a)(b) | 2,009 | 2,014 | ||||||
59,160 | ||||||||
Insurance (0.6%) | ||||||||
Hub International Holdings, Inc., 2.807%, 06/13/14(a)(b) | 786 | 773 | ||||||
Hub International Holdings, Inc., 2.807%, 06/13/14(a)(b) | 177 | 174 | ||||||
Hub International Holdings, Inc., 6.750%, 06/13/14(a)(b) | 4,531 | 4,499 | ||||||
Sedgwick CMS Holdings, Inc., 5.000%, 12/30/16(a)(b) | 7,933 | 7,933 | ||||||
USI Holdings Corp., 7.000%, 05/05/14(a)(b) | 4,432 | 4,405 | ||||||
17,784 | ||||||||
Leisure Time (0.4%) | ||||||||
Clubcorp Operations, Inc., 6.000%, 11/09/16(a)(b) | 11,736 | 11,809 | ||||||
Lodging (2.0%) | ||||||||
Las Vegas Sands LLC, 2.000%, 05/23/14(a)(b) | 389 | 381 | ||||||
Las Vegas Sands LLC, 2.000%, 05/23/14(a)(b) | 1,894 | 1,858 | ||||||
Las Vegas Sands LLC, 3.000%, 11/23/15(a)(b) | 4,693 | 4,579 | ||||||
Las Vegas Sands LLC, 3.000%, 11/23/16(a)(b)(c) | 13,664 | 13,332 | ||||||
Las Vegas Sands LLC, 3.000%, 11/23/16(a)(b)(c) | 2,746 | 2,679 | ||||||
MGM Mirage, 7.000%, 02/21/14(a)(b)(d) | 19,866 | 19,523 | ||||||
MGM Mirage, 7.000%, 02/21/14(a)(b) | 6,725 | 6,609 | ||||||
Seminole Tribe of Florida, 1.813%, 03/05/14(a)(b) | 2,402 | 2,348 | ||||||
Seminole Tribe of Florida, 1.813%, 03/05/14(a)(b) | 1,113 | 1,088 | ||||||
Seminole Tribe of Florida, 1.813%, 03/05/14(a)(b) | 4,015 | 3,925 | ||||||
VML U.S. Finance LLC, 4.790%, 05/25/12(a)(b) | 2,346 | 2,345 | ||||||
VML U.S. Finance LLC, 4.790%, 05/27/13(a)(b) | 4,062 | 4,059 | ||||||
62,726 | ||||||||
Machinery Diversified (0.4%) | ||||||||
Alliance Laundry Systems LLC, 6.250%, 09/30/16(a)(b) | 3,995 | 4,031 | ||||||
Manitowoc Company, Inc. (The), 8.000%, 11/06/14(a)(b) | 1,076 | 1,078 | ||||||
NACCO Materials Handling Group, Inc., 1.996%-2.193%, 03/22/13(a)(b) | 3,334 | 3,292 | ||||||
Veyance Technologies, Inc., 2.750%, 07/31/14(a)(b) | 580 | 536 | ||||||
Veyance Technologies, Inc., 2.750%, 07/31/14(a)(b) | 4,047 | 3,741 | ||||||
12,678 | ||||||||
Media (10.0%) | ||||||||
Block Communications, Inc., 2.246%, 12/22/11(a)(b) | 967 | 952 | ||||||
CCO Holdings LLC, 2.746%, 09/06/14(a)(b)(d) | 23,274 | 22,770 | ||||||
Charter Communications Operating LLC, 2.250%, 03/06/14(a)(b)(d) | 18,266 | 18,217 | ||||||
Citadel Broadcasting Corp., 4.250%, 12/30/16(a)(b) | 3,153 | 3,150 |
97
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Media—continued | ||||||||
Clear Channel Communications, Inc., 1.825%-3.904%, 01/29/16(a)(b) | 788 | 683 | ||||||
Clear Channel Communications, Inc., 3.896%, 01/28/16(a)(b) | 19,290 | 16,752 | ||||||
Clear Channel Communications, Inc., 3.896%, 01/28/16(a)(b)(d) | 19,945 | 17,554 | ||||||
Clear Channel Communications, Inc., 3.896%, 01/29/16(a)(b) | 897 | 778 | ||||||
Entercom Communication LLC, 1.373%-3.375%, 06/30/12 | 7,396 | 7,245 | ||||||
FoxCo Acquisition Sub LLC, 4.750%, 07/14/15(a)(b) | 5,546 | 5,543 | ||||||
Getty Images, Inc., 5.250%, 11/07/16(a)(b) | 7,229 | 7,276 | ||||||
Gray Television, Inc., 3.760%, 12/31/14(a)(b)(d) | 19,932 | 19,722 | ||||||
Insight Midwest Holdings LLC, 1.260%, 10/07/13(a)(b) | 11,814 | 11,695 | ||||||
Lamar Media Corp., 4.000%, 12/30/16(a)(b) | 2,257 | 2,266 | ||||||
LIN TV Corp., 4.060%, 11/04/11(a)(b) | 81 | 77 | ||||||
MCNA Cable Holdings LLC, 6.970%, 10/31/13(a)(b) | 32,048 | 29,804 | ||||||
Media General, Inc., 03/29/13(a)(b)(c) | 19,532 | 18,995 | ||||||
Mediacom Broadband LLC, 4.500%, 10/23/17(a)(b) | 4,620 | 4,585 | ||||||
Mediacom Illinois LLC, 5.500%, 03/31/17(a)(b) | 5,418 | 5,404 | ||||||
Quebecor Media, Inc., 2.303%, 01/17/13(a)(b) | 1,164 | 1,161 | ||||||
Radio One, Inc., 0.500%, 03/23/16(a)(b)(c) | 17,735 | 17,935 | ||||||
Rainbow Media Holdings LLC, 1.246%, 06/30/13(a)(b) | 5,796 | 5,506 | ||||||
Sinclair Television Group, Inc., 4.000%, 10/28/16(a)(b) | 4,390 | 4,388 | ||||||
Springboard Finance LLC, 7.000%, 02/23/15(a)(b) | 12,454 | 12,469 | ||||||
Syniverse Technologies, Inc., 5.250%, 12/21/17(a)(b) | 9,890 | 9,923 | ||||||
Telesat Canada, 3.250%, 10/31/14(a)(b) | 324 | 323 | ||||||
Telesat Canada, 3.250%, 10/31/14(a)(b) | 3,773 | 3,759 | ||||||
Tribune Co., 5.250%, 06/04/14(a)(b) | 5,000 | 3,479 | ||||||
Univision Communications, Inc., 2.246%, 09/29/14(a)(b) | 16,204 | 15,819 | ||||||
Univision Communications, Inc., 4.496%, 03/31/17(a)(b)(d) | 18,111 | 17,661 | ||||||
Village Roadshow Ltd., 5.500%, 05/27/15(a)(e) | 26,840 | 26,907 | ||||||
Weather Channel Interactive, Inc. (The), 4.250%, 02/13/17(a)(b) | 5,875 | 5,914 | ||||||
318,712 | ||||||||
Metals (0.1%) | ||||||||
Global Brass & Copper, Inc., 10.250%, 07/29/15(a)(b) | 4,173 | 4,340 | ||||||
Mining (1.0%) | ||||||||
Fairmount Minerals Ltd., 5.250%, 03/01/17(a)(b) | 9,270 | 9,277 | ||||||
Novelis, Inc., 4.000%, 03/10/17(a)(b) | 21,985 | 22,014 | ||||||
31,291 | ||||||||
Miscellaneous Manufacturer (0.6%) | ||||||||
Bombardier Recreational Products, Inc., 2.810%, 06/28/13(a)(b) | 1,698 | 1,677 | ||||||
Clarke American Corp., 2.746%-2.807%, 06/30/14(a)(b) | 17,258 | 16,398 | ||||||
18,075 | ||||||||
Oil & Gas (4.3%) | ||||||||
Alon USA Energy, Inc., 2.512%-2.5605%, 08/04/13(a)(e) | 871 | 755 | ||||||
Alon USA Energy, Inc., 2.561%, 08/04/13(a)(e) | 109 | 95 | ||||||
Big West Oil LLC, 5.754%, 03/31/16(a)(b) | 11,955 | 12,085 | ||||||
CGGVeritas Services, Inc., 5.500%, 01/12/16(a)(b) | 3,500 | 3,506 |
98
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Oil & Gas—continued | ||||||||
CITGO Petroleum Corp., 8.000%, 06/24/15(a)(b) | 2,503 | 2,595 | ||||||
CITGO Petroleum Corp., 9.000%, 06/23/17(a)(b) | 3,970 | 4,163 | ||||||
EPCO Holdings, Inc., 1.250%, 08/07/12(a)(b) | 9,182 | 8,998 | ||||||
MEG Energy Corp., 4.000%, 03/16/18(a)(b)(d) | 26,080 | 26,251 | ||||||
Obsidian Natural Gas Trust, 7.000%, 11/02/15(a)(b) | 42,617 | 43,149 | ||||||
TPF Generation Holdings LLC, 2.207%, 12/15/11(a)(b)(c) | 822 | 812 | ||||||
TPF Generation Holdings LLC, 2.207%, 12/13/13(a)(b)(c) | 2,284 | 2,258 | ||||||
TPF Generation Holdings LLC, 2.307%, 12/15/13(a)(b)(c) | 5,635 | 5,572 | ||||||
TPF Generation Holdings LLC, 4.557%, 12/15/14(a)(b) | 5,300 | 5,042 | ||||||
Western Refining, Inc., 7.500%, 03/15/17(a)(b) | 20,355 | 20,467 | ||||||
135,748 | ||||||||
Packaging & Containers (1.3%) | ||||||||
Anchor Glass Container Corp., 6.000%, 03/02/16(a)(b) | 1,259 | 1,266 | ||||||
BWAY Corp., 4.500%, 02/23/18(a)(b) | 81 | 82 | ||||||
BWAY Corp., 4.500%, 02/23/18(a)(b) | 916 | 919 | ||||||
Graham Packaging Company LP, 6.000%, 09/23/16(a)(b) | 4,134 | 4,166 | ||||||
Reynolds Group Holdings, Inc., 4.250%, 02/09/18(a)(b) | 5,235 | 5,257 | ||||||
Rock-Tenn Co., 7.000%, 03/28/18(a)(b)(c) | 23,750 | 23,890 | ||||||
Smurfit-Stone Container Enterprises, Inc., 6.750%, 07/15/16(a)(b) | 4,507 | 4,515 | ||||||
40,095 | ||||||||
Real Estate (6.3%) | ||||||||
CB Richard Ellis Services, Inc., 1.625%, 03/05/18(a)(b) | 30,895 | 30,789 | ||||||
CB Richard Ellis Services, Inc., 1.750%, 09/04/19(a)(b) | 30,895 | 30,818 | ||||||
CB Richard Ellis Services, Inc., 3.508%, 11/06/16(a)(b) | 5,214 | 5,207 | ||||||
CB Richard Ellis Services, Inc., 4.500%, 11/07/15(a)(b) | 20,647 | 20,647 | ||||||
Grizzly Ventures LLC, 5.750%, 12/02/14(a)(b)(d) | 18,340 | 18,248 | ||||||
Istar Financial, Inc., 5.000%, 06/28/13(a)(b)(d) | 61,600 | 61,010 | ||||||
Istar Financial, Inc., 7.000%, 06/30/14(a)(b)(d) | 17,600 | 17,566 | ||||||
Mattamy Funding Partnership, 2.563%, 04/11/13(a)(b) | 2,884 | 2,798 | ||||||
Realogy Corp., 3.263%, 10/10/13(a)(b) | 223 | 213 | ||||||
Realogy Corp., 3.312%, 10/10/13(a)(b) | 1,772 | 1,693 | ||||||
Realogy Corp., 4.511%, 10/10/16 | 1,188 | 1,114 | ||||||
Realogy Corp., 4.562%, 10/10/16(a)(b) | 10,410 | 9,763 | ||||||
Realogy Corp., 13.500%, 10/15/17(a)(b) | 655 | 704 | ||||||
200,570 | ||||||||
Retail (6.6%) | ||||||||
Burlington Coat Factory Warehouse Corp., 6.250%, 02/18/17(a)(b) | 10,190 | 10,060 | ||||||
Capital Automotive LP, 5.000%, 03/10/17(a)(b) | 51,826 | 51,276 | ||||||
Dollar General Corp., 2.996%-3.054%, 07/07/14(a)(b) | 3,915 | 3,915 | ||||||
Dollar General Corp., 2.996%-3.004%, 07/07/14(a)(b) | 2,567 | 2,565 | ||||||
Gymboree Corp., 5.000%, 02/23/18(a)(b) | 7,037 | 7,026 | ||||||
Harbor Freight Tools USA, Inc., 6.500%, 12/22/17(a)(b) | 7,491 | 7,557 |
99
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Retail—continued | ||||||||
J Crew Operating Corp., 4.750%, 03/07/18(a)(b) | 17,165 | 17,105 | ||||||
Jo-Ann Stores, Inc., 4.750%, 03/22/18(a)(b) | 18,500 | 18,309 | ||||||
Leslie’s Poolmart, Inc., 4.500%, 11/21/16(a)(b) | 9,386 | 9,416 | ||||||
Michael Foods Group, Inc., 4.250%, 02/23/18(a)(b) | 9,660 | 9,711 | ||||||
Michaels Stores, Inc., 2.563%-2.625%, 10/31/13(a)(b) | 3,703 | 3,670 | ||||||
Michaels Stores, Inc., 4.813%-4.875%, 07/31/16(a)(b) | 4,192 | 4,204 | ||||||
NBTY, Inc., 4.250%, 10/02/17(a)(b)(d) | 15,411 | 15,433 | ||||||
Neiman Marcus Group, Inc. (The), 2.310%, 04/05/13(a)(b) | 3,109 | 3,090 | ||||||
Oriental Trading Co., Inc., 7.000%, 02/10/17(a)(b) | 2,845 | 2,793 | ||||||
PETCO Animal Supplies, Inc., 4.500%, 11/24/17(a)(b) | 16,602 | 16,641 | ||||||
Pilot Travel Centers LLC, 4.250%, 03/30/18(a)(b) | 13,515 | 13,569 | ||||||
Savers, Inc., 4.250%, 03/03/17(a)(b) | 2,000 | 2,013 | ||||||
Sports Authority, Inc., 7.500%, 10/26/17(a)(b) | 8,120 | 8,044 | ||||||
SUPERVALU, Inc., 1.371%, 06/02/11(a)(b) | 3,097 | 3,085 | ||||||
209,482 | ||||||||
Semiconductors (1.1%) | ||||||||
Freescale Semiconductor, Inc., 0.500%-2.261%, 11/10/12(a)(b) | 25,860 | 25,537 | ||||||
Freescale Semiconductor, Inc., 4.511%, 12/01/16(a)(b) | 8,308 | 8,252 | ||||||
Spansion LLC, 6.250%, 01/08/15(a)(b) | 518 | 521 | ||||||
34,310 | ||||||||
Telecommunication Services (8.2%) | ||||||||
Airvana, Inc., 8.000%, 08/27/14(a)(b)(c) | 14,990 | 14,962 | ||||||
Asurion Corp., 3.258%-3.312%, 07/03/14(a)(b) | 9,076 | 8,993 | ||||||
Asurion Corp., 6.750%, 03/31/15(a)(b) | 8,873 | 8,966 | ||||||
Atlantic Broadband Finance LLC, 4.000%, 03/08/16(a)(b) | 5,478 | 5,487 | ||||||
Avaya, Inc., 3.061%, 10/24/14(a)(b)(c)(d) | 16,910 | 16,368 | ||||||
Avaya, Inc., 4.811%, 10/26/17(a)(b)(c)(d) | 18,941 | 18,451 | ||||||
BBHI Acquisition LLC, 4.500%, 12/14/17(a)(b) | 7,661 | 7,696 | ||||||
Bragg Communications, Inc., 2.811%, 08/31/14(a)(b) | 1,346 | 1,330 | ||||||
CMP Susquehanna Corp., 2.250%, 05/05/13(a)(b)(c) | 21,485 | 21,114 | ||||||
Consolidated Communications, Inc., 2.750%, 12/31/14(a)(b) | 115 | 113 | ||||||
Consolidated Communications, Inc., 2.750%, 12/31/14(a)(b) | 5,000 | 4,925 | ||||||
Integra Telecom, Inc., 9.250%, 04/12/15(a)(b) | 7,394 | 7,416 | ||||||
Intelsat Jackson Holdings Ltd., 3.303%, 02/02/14(a)(b) | 12,550 | 12,303 | ||||||
Intelsat Jackson Holdings SA, 5.250%, 04/02/18(a)(b)(d) | 57,770 | 58,083 | ||||||
Level 3 Communications, Inc., 2.553%, 03/13/14(a)(b) | 4,885 | 4,736 | ||||||
Level 3 Communications, Inc., 11.500%, 03/13/14(a)(b)(d) | 12,750 | 13,611 | ||||||
MetroPCS Wireless, Inc., 4.000%-4.063%, 03/15/18(a)(b) | 12,968 | 12,961 | ||||||
Telcordia Technologies, Inc., 6.750%, 04/09/16(a)(b) | 9,726 | 9,702 | ||||||
TowerCo Finance LLC, 5.250%, 02/02/17(a)(b) | 7,105 | 7,132 | ||||||
UPC Financing Partnership, 2.011%, 12/31/14(a)(b) | 1,000 | 994 | ||||||
UPC Financing Partnership, 3.761%, 12/30/16(a)(b) | 220 | 220 | ||||||
Vodafone Americas Finance 2, 6.875%, 08/11/15(a) | 15,353 | 15,584 | ||||||
Vonage Holdings Corp., 9.750%-10.250%, 12/08/15(a)(b) | 6,729 | 6,721 |
100
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Telecommunication Services—continued | ||||||||
West Corp., 2.678%-2.832%, 10/24/13(a)(b) | 1,703 | 1,694 | ||||||
259,562 | ||||||||
Telecommunications (0.2%) | ||||||||
CommScope, Inc., 5.000%, 01/14/18(a)(b) | 5,005 | 5,036 | ||||||
Transportation (0.5%) | ||||||||
Dollar Thrifty Automotive Group, Inc., 2.746%, 06/15/13(a)(b) | 3,937 | 3,883 | ||||||
Ozburn-Hessey Holding Company LLC, 7.500%, 04/07/15(a)(b) | 3,274 | 3,301 | ||||||
Swift Transportation Co., Inc., 6.000%, 12/21/16(a)(b) | 8,151 | 8,191 | ||||||
15,375 | ||||||||
Utilities (0.5%) | ||||||||
Astoria Generating Co. Acquisitions LLC, 4.060%, 08/23/13(a)(b) | 16,890 | 16,780 | ||||||
Total Bank Loans (Cost $2,703,765) | 2,753,199 | |||||||
Corporate Bonds (7.9%) | ||||||||
Advertising (0.0%) | ||||||||
Affinion Group, Inc., 7.875%, 12/15/18, Callable 12/15/14 @ 103.94(b) | 370 | 348 | ||||||
Checkout Holding Corp., 0.000%, 11/15/15, Callable 05/15/11 @ 64.12(b) | 355 | 231 | ||||||
579 | ||||||||
Aerospace/Defense (0.0%) | ||||||||
Kratos Defense & Security Solutions, Inc., 10.000%, 06/01/17, Callable 06/01/14 @ 105 | 340 | 375 | ||||||
Auto Manufacturers (0.2%) | ||||||||
Motors Liquidation Co., 7.200%, 01/15/49(g) | 10,000 | 2,875 | ||||||
Motors Liquidation Co., 8.375%, 07/15/33(g) | 10,000 | 2,975 | ||||||
5,850 | ||||||||
Auto Parts & Equipment (0.0%) | ||||||||
Visteon Corp., 6.750%, 04/15/19, Callable 04/15/14 @ 105.06(b)(c) | 505 | 505 | ||||||
Banks (0.5%) | ||||||||
CapitalSource, Inc., 12.750%, 07/15/14(b)(d) | 1,585 | 1,906 | ||||||
CIT Group, Inc., 5.250%, 04/01/14(b) | 3,200 | 3,220 | ||||||
CIT Group, Inc., 7.000%, 05/01/14, Callable 05/27/11 @ 102(d) | 4,645 | 4,732 | ||||||
CIT Group, Inc., 7.000%, 05/01/17, Callable 05/27/11 @ 102 | 5,000 | 5,006 | ||||||
14,864 | ||||||||
Biotechnology (0.0%) | ||||||||
STHI Holding Corp., 8.000%, 03/15/18, Callable 03/15/14 @ 106.00(b) | 220 | 228 | ||||||
Chemicals (0.0%) | ||||||||
Ashland, Inc., 9.125%, 06/01/17, Callable 06/01/13 @ 104.56(d) | 1,000 | 1,148 | ||||||
Commercial Services (0.0%) | ||||||||
United Rentals NA, Inc., 9.250%, 12/15/19, Callable 12/15/14 @ 104.63 | 675 | 751 | ||||||
Diversified Financial Services (0.7%) | ||||||||
American General Finance Corp., Ser I, 4.875%, 07/15/12, MTN(d) | 4,500 | 4,421 | ||||||
American General Finance Corp., Ser I, 5.850%, 06/01/13, MTN(d) | 2,000 | 1,955 | ||||||
E*Trade Financial Corp. PIK, 12.500%, 11/30/17, Callable 11/30/12 @ 112.50(d) | 3,718 | 4,434 | ||||||
Ford Motor Credit Co. LLC, 5.750%, 02/01/21 | 895 | 884 | ||||||
Ford Motor Credit Co. LLC, 8.700%, 10/01/14(d) | 4,500 | 5,108 | ||||||
Icahn Enterprises Finance Corp., 8.000%, 01/15/18, Callable 01/15/14 @ 104 | 600 | 617 | ||||||
International Lease Finance Corp., 8.250%, 12/15/20 | 610 | 669 |
101
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Diversified Financial Services—continued | ||||||||
International Lease Finance Corp., 8.875%, 09/15/15(b) | 965 | 1,061 | ||||||
International Lease Finance Corp., 9.000%, 03/15/17(b)(d) | 1,010 | 1,136 | ||||||
SunGard Data Systems, Inc., 7.375%, 11/15/18, Callable 11/15/13 @ 105.53(b) | 780 | 798 | ||||||
SunGard Data Systems, Inc., 7.625%, 11/15/20, Callable 11/15/15 @ 103.81(b) | 585 | 601 | ||||||
21,684 | ||||||||
Electric (0.9%) | ||||||||
Calpine Corp., 7.500%, 02/15/21, Callable 11/01/15 @ 103.75(b) | 3,900 | 4,036 | ||||||
Calpine Corp., 7.875%, 01/15/23, Callable 01/15/17 @ 103.94(b) | 390 | 405 | ||||||
Edison Mission Energy, 7.750%, 06/15/16 | 1,150 | 978 | ||||||
General Cable Corp., 2.680%, 04/01/15, Callable 10/19/10 @ 101(a)(d) | 5,133 | 5,043 | ||||||
NRG Energy, Inc., 7.625%, 01/15/18(b) | 12,725 | 13,202 | ||||||
NRG Energy, Inc., 8.250%, 09/01/20, Callable 09/01/15 @ 104.13(b) | 630 | 655 | ||||||
NRG Energy, Inc., 8.500%, 06/15/19, Callable 06/15/14 @ 104.25(d) | 3,500 | 3,684 | ||||||
28,003 | ||||||||
Entertainment (0.1%) | ||||||||
Diamond Resorts Corp., 12.000%, 08/15/18, Callable 08/15/14 @ 106(b)(d) | 900 | 963 | ||||||
Regal Entertainment Group, 9.125%, 08/15/18, Callable 08/15/14 @ 104.56 | 450 | 481 | ||||||
1,444 | ||||||||
Healthcare — Products (0.1%) | ||||||||
Rotech Healthcare, Inc., 10.500%, 03/15/18, Callable 03/15/15 @ 105.25(b) | 900 | 891 | ||||||
Rotech Healthcare, Inc., 10.750%, 10/15/15, Callable 04/15/13 @ 105.38 | 1,590 | 1,737 | ||||||
2,628 | ||||||||
Healthcare — Services (0.1%) | ||||||||
DaVita, Inc., 6.625%, 11/01/20, Callable 11/01/14 @ 104.97 | 660 | 668 | ||||||
HCA Holdings, Inc., 7.750%, 05/15/21, Callable 11/15/15 @ 103.88(b) | 1,150 | 1,199 | ||||||
MedImpact Holdings, Inc., 10.500%, 02/01/18, Callable 02/01/15 @ 105.25(b) | 1,315 | 1,391 | ||||||
3,258 | ||||||||
Holding Companies-Divers (0.1%) | ||||||||
Leucadia National Corp., 7.125%, 03/15/17, Callable 03/15/12 @ 103.56(d) | 2,000 | 2,100 | ||||||
Household Products/Wares (0.1%) | ||||||||
Reynolds Group Issuer, Inc., 8.250%, 02/15/21, Callable 02/15/16 @ 104.13(b) | 1,800 | 1,782 | ||||||
Insurance (0.2%) | ||||||||
Lincoln National Corp., 6.050%, 04/20/67, Callable 04/20/17 @ 100(a) | 1,000 | 935 | ||||||
MBIA, Inc., 5.700%, 12/01/34 | 8,285 | 5,615 | ||||||
6,550 | ||||||||
Internet (0.1%) | ||||||||
Level 3 Communications, Inc., 11.875%, 02/01/19, Callable 02/01/15 @ 105.94(b) | 2,880 | 2,714 | ||||||
UPC Holding BV, 9.875%, 04/15/18, Callable 04/15/14 @ 104.94(b)(d) | 1,000 | 1,105 | ||||||
3,819 | ||||||||
102
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Machinery-Diversified (0.0%) | ||||||||
Manitowoc Co., Inc. (The), 8.500%, 11/01/20, Callable 11/01/15 @ 104.25 | 145 | 156 | ||||||
Terex Corp., 10.875%, 06/01/16, Callable 06/01/13 @ 105.44(d) | 1,000 | 1,162 | ||||||
1,318 | ||||||||
Media (0.0%) | ||||||||
Block Communications, Inc., 8.250%, 12/15/15, Callable 05/31/11 @ 104.13(b) | 100 | 103 | ||||||
Citadel Broadcasting Corp., 7.750%, 12/15/18, Calllable 12/15/14 @ 103.88(b) | 175 | 189 | ||||||
Insight Communications, Inc., 9.375%, 07/15/18, Callable 07/15/13 @ 107.03(b) | 300 | 333 | ||||||
625 | ||||||||
Mining (0.0%) | ||||||||
Novelis, Inc., 8.375%, 12/15/17, Callable 12/15/13 @ 106.28(b) | 195 | 211 | ||||||
Novelis, Inc., 8.750%, 12/15/20, Callable 12/15/15 @ 104.38(b) | 555 | 611 | ||||||
822 | ||||||||
Oil & Gas (0.6%) | ||||||||
Comstock Resources, Inc., 7.750%, 04/01/19, Callable 04/01/15 @ 103.88 | 480 | 488 | ||||||
Energy Partners Ltd., 8.250%, 02/15/18, Callable 02/15/15 @ 104.13(b) | 135 | 134 | ||||||
Linn Energy LLC/Finance Corp., 7.750%, 02/01/21, Callable 09/15/15 @ 103.88(b) | 395 | 422 | ||||||
SandRidge Energy, Inc., 3.930%, 04/01/14, Callable 11/08/10 @ 102(a) | 1,000 | 985 | ||||||
United Refining Co., 10.500%, 02/28/18, Callable 02/28/15 @ 105.25(b) | 890 | 885 | ||||||
Western Refining, Inc., 10.750%, 06/15/14, Callable 12/15/11 @ 105(a)(b) | 14,200 | 15,336 | ||||||
Western Refining, Inc., 11.250%, 06/15/17, Callable 06/15/13 @ 105.62(b) | 885 | 1,000 | ||||||
19,250 | ||||||||
Packaging & Containers (0.0%) | ||||||||
Smurfit-Stone Container Corp., 8.000%, 03/15/17 | 570 | 41 | ||||||
Smurfit-Stone Container Corp., 8.250%, 10/01/12 | 1,800 | 133 | ||||||
174 | ||||||||
Pharmaceuticals (0.1%) | ||||||||
ConvaTec Healthcare, 10.500%, 12/15/18, Callable 12/15/14 @ 105.25(b) | 1,600 | 1,680 | ||||||
Endo Pharmaceuticals Holdings, Inc., 7.000%, 12/15/20, Callable 12/15/15 @ 103.50(b) | 755 | 780 | ||||||
2,460 | ||||||||
Pipelines (0.1%) | ||||||||
Atlas Pipeline Partners LP, 8.750%, 06/15/18, Callable 06/15/13 @ 104.38(d) | 3,855 | 4,144 | ||||||
MarkWest Energy Partners LP, 6.750%, 11/01/20, Callable 11/01/15 @ 103.38 | 385 | 395 | ||||||
4,539 | ||||||||
Semiconductors (0.0%) | ||||||||
MEMC Electronic Materials, Inc., 7.750%, 04/01/19, Callable 04/01/14 @ 105.81(b) | 205 | 210 | ||||||
103
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Shipbuilding (0.1%) | ||||||||
Huntington Ingalls Industries, Inc., 6.875%, 03/15/18, Callable 03/15/15 @ 103.44(b) | 2,120 | 2,213 | ||||||
Huntington Ingalls Industries, Inc., 7.125%, 03/15/21, Callable 03/15/16 @ 103.56(b) | 2,120 | 2,210 | ||||||
4,423 | ||||||||
Telecommunication Services (3.8%) | ||||||||
Avaya, Inc., 7.000%, 04/01/19, Callable 04/01/15 @ 103.50(b) | 925 | 902 | ||||||
Buccaneer Merger Sub, Inc., 9.125%, 01/15/19, Callable 01/15/15 @ 104.56(b) | 725 | 769 | ||||||
Cequel Communications Holdings I LLC, 8.625%, 11/15/17, Callable 11/15/12 @ 106.47(b)(d) | 1,270 | 1,324 | ||||||
Clearwire Communications LLC, 12.000%, 12/01/15, Callable 12/01/12 @ 106(b) | 685 | 740 | ||||||
Clearwire Communications LLC, 12.000%, 12/01/17, Callable 12/01/14 @ 106(b) | 1,350 | 1,443 | ||||||
Cricket Communications, Inc., 7.750%, 05/15/16, Callable 05/15/12 @ 105.81(d) | 3,000 | 3,187 | ||||||
DigitalGlobe, Inc., 10.500%, 05/01/14, Callable 05/01/12 @ 105.25(d) | 5,850 | 6,632 | ||||||
GeoEye, Inc., 9.625%, 10/01/15, Callable 10/01/13 @ 104.81(d) | 3,500 | 3,959 | ||||||
Global Crossing (UK) Finance PLC, 10.750%, 12/15/14, Callable 05/27/11 @ 103.58(d) | 2,075 | 2,158 | ||||||
Global Crossing Ltd., 9.000%, 11/15/19, Callable 11/15/14 @ 104.50(b) | 450 | 450 | ||||||
Global Crossing Ltd., 12.000%, 09/15/15, Callable 09/15/12 @ 106(d) | 2,375 | 2,707 | ||||||
Integra Telecom, Inc., 10.750%, 04/15/16, Callable 04/15/13 @ 105.38(b) | 280 | 301 | ||||||
Intelsat Bermuda Ltd., 11.250%, 02/04/17, Callable 02/15/13 @ 105.62(d) | 1,800 | 1,967 | ||||||
Intelsat Bermuda Ltd. PIK, 11.500%, 02/04/17, Callable 02/15/13 @ 105.75(d) | 3,900 | 4,280 | ||||||
Intelsat Jackson Holdings SA, 7.500%, 04/01/21, Callable 04/01/16 @ 103.75(b)(c) | 1,250 | 1,253 | ||||||
iPCS, Inc., 2.429%, 05/01/13, Callable 05/31/11 @ 100.00(a)(d) | 3,000 | 2,925 | ||||||
Level 3 Financing, Inc., 4.215%, 02/15/15(a) | 500 | 458 | ||||||
Level 3 Financing, Inc., 9.375%, 04/01/19, Callable 04/01/15 @ 104.69(b) | 330 | 319 | ||||||
Level 3 Financing, Inc., 10.000%, 02/01/18, Callable 02/01/14 @ 105(d) | 3,440 | 3,444 | ||||||
NII Capital Corp., 7.625%, 04/01/21, Callable 04/01/16 @ 103.81 | 225 | 230 | ||||||
NII Capital Corp., 8.875%, 12/15/19, Callable 12/15/14 @ 104.44 | 900 | 990 | ||||||
PAETEC Holding Corp., 8.875%, 06/30/17, Callable 06/30/13 @ 104.44(d) | 1,000 | 1,078 | ||||||
PAETEC Holding Corp., 9.875%, 12/01/18, Callable 12/01/14 @ 104.94(b) | 4,600 | 4,853 | ||||||
Sprint Capital Corp., 8.375%, 03/15/12(d) | 5,315 | 5,607 | ||||||
Sprint Capital Corp., 8.750%, 03/15/32(d) | 4,500 | 4,787 |
104
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Telecommunication Services—continued | ||||||||
Trilogy International Partners LLC, 10.250%, 08/15/16, Callable 08/15/13 @ 105.13(b) | 7,958 | 8,237 | ||||||
ViaSat, Inc., 8.875%, 09/15/16, Callable 09/15/12 @ 106.66(d) | 4,500 | 4,821 | ||||||
Virgin Media Finance PLC, 6.500%, 01/15/18, Callable 01/15/14 @ 103.25(d) | 5,000 | 5,462 | ||||||
Virgin Media Finance PLC, 8.375%, 10/15/19, Callable 10/15/14 @ 104.19 | 650 | 731 | ||||||
Wind Acquisition Finance Holdings, PIK, 12.250%, 07/15/17, Callable 07/15/13 @ 106.12(b) | 14,904 | 18,034 | ||||||
Wind Acquisition Finance SA, 7.250%, 02/15/18, Callable 11/15/13 @ 105.44(b) | 11,890 | 12,425 | ||||||
Wind Acquisition Finance SA, 11.750%, 07/15/17, Callable 07/15/13 @ 105.88(b) | 7,100 | 8,165 | ||||||
Windstream Holding of the Midwest, Inc., 6.750%, 04/01/28(d) | 4,750 | 4,257 | ||||||
118,895 | ||||||||
Transportation (0.1%) | ||||||||
CHC Helicopter SA, 9.250%, 10/15/20, Callable 04/15/15 @ 104.63(b) | 2,000 | 2,060 | ||||||
Trucking & Leasing (0.0%) | ||||||||
Aviation Capital Group Corp., 6.750%, 04/06/21(b)(c) | 500 | 500 | ||||||
Total Corporate Bonds (Cost $234,070) | 250,844 | |||||||
Preferred Stocks (0.2%) | ||||||||
Diversified Financial Services (0.2%) | ||||||||
Citigroup Capital XII, 8.500% | 13,520 | 356 | ||||||
GMAC Capital Trust I, Ser 2, 8.125% | 186,000 | 4,743 | ||||||
5,099 | ||||||||
Total Preferred Stocks (Cost $4,988) | 5,099 | |||||||
Money Market Fund (12.9%) | ||||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.02%(h) | 407,623,459 | 407,623 | ||||||
Total Money Market Fund (Cost $407,623) | 407,623 | |||||||
Total Investments (Cost $3,350,446)(i) — 107.8% | 3,416,765 | |||||||
Liabilities in excess of other assets — (7.8)% | (246,400 | ) | ||||||
Net Assets — 100.0% | $ | 3,170,365 | ||||||
(a) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. | |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 80.8% of net assets as of March 31, 2011. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. | |
(e) | The Fund’s adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. | |
(f) | The security has not settled as of March 31, 2011 and thus does not have a rate in effect. The security does not have a stated settlement date and will receive a rate upon settling with the custodian. |
(g) | Security in default. |
(h) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(i) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
MTN | — Medium Term Note | |
PIK | — Payment in-kind |
105
Unrealized | ||||||||
Unfunded | Appreciation/ | |||||||
Borrower | Commitments($) | (Depreciation)($) | ||||||
Brand Energy & Infrastructure Services, Inc. | 7,500 | (387 | ) | |||||
CB Richard Ellis Services, Inc. | 30,895 | 47 | ||||||
CB Richard Ellis Services, Inc. | 30,895 | 76 | ||||||
Freescale Semiconductor, Inc. | 1,419 | 13 | ||||||
inVentiv Health, Inc. | 2,983 | 11 | ||||||
(240 | ) | |||||||
106
Shares or Principal | ||||||||
Amount($) | Value($) | |||||||
U.S. Treasury Obligations (85.4%) | ||||||||
U.S. Treasury Bills (85.4%) | ||||||||
0.010%, 04/14/11(a) | 6,000 | 6,000 | ||||||
0.010%, 04/21/11(a)(b) | 1,000 | 1,000 | ||||||
7,000 | ||||||||
Total U.S. Treasury Obligations (Cost $7,000) | 7,000 | |||||||
Foreign Government Bond (10.1%) | ||||||||
Sovereign (10.1%) | ||||||||
Mexico Cetes, 0.00%, 06/30/11 | 9,900 | 823 | ||||||
Total Foreign Government Bond (Cost $820) | 823 | |||||||
Money Market Fund (17.5%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(c) | 1,435,769 | 1,436 | ||||||
Total Money Market Fund (Cost $1,436) | 1,436 | |||||||
Total Investments (Cost $9,256)(d) — 113.0% | 9,259 | |||||||
Liabilities in excess of other assets — (13.0)% | (1,064 | ) | ||||||
Net Assets — 100.0% | $ | 8,195 | ||||||
(a) | Rate represents the effective yield at purchase. | |
(b) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. |
(c) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(d) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
Contract | ||||||||||||||||||||||
Amount | Contract | Unrealized | ||||||||||||||||||||
Delivery | in Local | Value in | Market | Appreciation | ||||||||||||||||||
Currency | Counterparty | Date | Currency | USD($) | Value($) | /(Depreciation)($) | ||||||||||||||||
Long: | ||||||||||||||||||||||
Australian Dollar | JPMorgan | 04/14/11 | 1,642 | 1,622 | 1,696 | 74 | ||||||||||||||||
Australian Dollar | JPMorgan | 04/27/11 | 802 | 821 | 827 | 6 | ||||||||||||||||
Brazilian Real | Barclays Bank PLC | 06/02/11 | 687 | 410 | 415 | 5 | ||||||||||||||||
Brazilian Real | Morgan Stanley | 04/04/11 | 1,401 | 845 | 858 | 13 | ||||||||||||||||
Canadian Dollar | JPMorgan | 04/14/11 | 1,601 | 1,636 | 1,651 | 15 | ||||||||||||||||
Canadian Dollar | JPMorgan | 04/27/11 | 793 | 808 | 817 | 9 | ||||||||||||||||
Chilean Peso | Barclays Bank PLC | 05/02/11 | 197,928 | 410 | 413 | 3 | ||||||||||||||||
Colombian Peso | Barclays Bank PLC | 04/07/11 | 2,971,158 | 1,579 | 1,588 | 9 | ||||||||||||||||
Israeli Shekel | Barclays Bank PLC | 05/02/11 | 1,439 | 410 | 413 | 3 | ||||||||||||||||
Japanese Yen | Morgan Stanley | 04/01/11 | 67,912 | 820 | 817 | (3 | ) | |||||||||||||||
Japanese Yen | Morgan Stanley | 04/25/11 | 310,630 | 3,750 | 3,735 | (15 | ) | |||||||||||||||
Turkish Lira | JPMorgan | 05/31/11 | 638 | 405 | 409 | 4 | ||||||||||||||||
Total Long Contracts | $ | 13,516 | $ | 13,639 | $ | 123 | ||||||||||||||||
Short: | ||||||||||||||||||||||
Australian Dollar | JPMorgan | 04/14/11 | 1,642 | 1,636 | 1,696 | (60 | ) | |||||||||||||||
Australian Dollar | JPMorgan | 04/27/11 | 802 | 808 | 827 | (19 | ) | |||||||||||||||
Brazilian Real | Morgan Stanley | 04/04/11 | 1,400 | 835 | 858 | (23 | ) | |||||||||||||||
Canadian Dollar | JPMorgan | 04/14/11 | 1,601 | 1,630 | 1,651 | (21 | ) | |||||||||||||||
Colombian Peso | Barclays Bank PLC | 04/07/11 | 2,971,158 | 1,566 | 1,588 | (22 | ) | |||||||||||||||
Japanese Yen | Morgan Stanley | 04/01/11 | 67,912 | 817 | 817 | — | ||||||||||||||||
Japanese Yen | Morgan Stanley | 04/25/11 | 310,630 | 3,821 | 3,735 | 86 | ||||||||||||||||
Total Short Contracts | $ | 11,113 | $ | 11,172 | $ | (59 | ) | |||||||||||||||
107
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Bank Loans (0.7%) | ||||||||
Auto Manufacturers (0.2%) | ||||||||
Ford Motor Co., 3.010%, 12/16/13(a)(b) | 2,543 | 2,540 | ||||||
Diversified Financial Services (0.3%) | ||||||||
East Valley Tourist Development Authority, 12.000%, 08/06/12(a)(c)(d)(e) | 6,291 | 5,253 | ||||||
Telecommunication Services (0.2%) | ||||||||
Intelsat Jackson Holdings SA, 5.250%, 04/02/18(a)(b) | 3,000 | 3,016 | ||||||
Level 3 Communications, Inc., 11.500%, 03/13/14(a)(b) | 1,000 | 1,068 | ||||||
4,084 | ||||||||
Total Bank Loans (Cost $12,345) | 11,877 | |||||||
Corporate Bonds (91.2%) | ||||||||
Advertising (0.7%) | ||||||||
Affinion Group, Inc., 7.875%, 12/15/18, Callable 12/15/14 @ 103.94(b) | 6,305 | 5,927 | ||||||
Checkout Holding Corp., 0.000%, 11/15/15, Callable 05/15/11 @ 64.12(b) | 5,850 | 3,810 | ||||||
Lamar Media Corp., 7.875%, 04/15/18, Callable 04/15/14 @ 103.94 | 2,175 | 2,332 | ||||||
12,069 | ||||||||
Aerospace/Defense (1.7%) | ||||||||
BE Aerospace, Inc., 6.875%, 10/01/20, Callable 10/01/15 @ 103.44 | 2,210 | 2,287 | ||||||
Kratos Defense & Security Solutions, Inc., 10.000%, 06/01/17, Callable 06/01/14 @ 105(b) | 6,765 | 7,458 | ||||||
Kratos Defense & Security Solutions, Inc., 10.000%, 06/01/17, Callable 06/01/14 @ 105 | 5,500 | 6,064 | ||||||
Spirit AeroSystems, Inc., 6.750%, 12/15/20, Callable 12/15/15 @ 103.38 | 4,830 | 4,939 | ||||||
Spirit AeroSystems, Inc., 7.500%, 10/01/17, Callable 10/01/13 @ 103.75 | 1,075 | 1,156 | ||||||
Triumph Group, Inc., 8.000%, 11/15/17, Callable 11/15/13 @ 104 | 2,770 | 2,964 | ||||||
Triumph Group, Inc., 8.625%, 07/15/18, Callable 07/15/14 @ 104.31 | 4,225 | 4,658 | ||||||
29,526 | ||||||||
Airlines (1.2%) | ||||||||
American Airlines, Inc., 7.500%, 03/15/16, Callable 03/15/13 @ 105.62(b) | 13,820 | 13,664 | ||||||
Delta Air Lines, Inc., 12.250%, 03/15/15, Callable 03/15/12 @ 108.81(b)(f) | 5,610 | 6,283 | ||||||
Delta Air Lines, Inc., Ser 2007-1, Cl C, 8.954%, 08/10/14 | 1,611 | 1,672 | ||||||
21,619 | ||||||||
Auto Parts & Equipment (2.2%) | ||||||||
Accuride Corp., 9.500%, 08/01/18, Callable 08/01/14 @ 104.75 | 2,785 | 3,098 | ||||||
AFFINIA Group, Inc., 10.750%, 08/15/16, Callable 08/15/12 @ 108.06(b) | 1,854 | 2,107 | ||||||
Cooper-Standard Automotive, Inc., 8.500%, 05/01/18, Callable 05/01/14 @ 104.25 | 4,990 | 5,364 | ||||||
Exide Technologies, 8.625%, 02/01/18, Callable 02/01/15 @ 104.31(b) | 5,510 | 5,882 | ||||||
Goodyear Tire & Rubber Co. (The), 10.500%, 05/15/16, Callable 05/15/12 @ 107.88 | 1,220 | 1,367 | ||||||
Lear Corp., 7.875%, 03/15/18, Callable 03/15/14 @ 103.94 | 1,280 | 1,392 | ||||||
Lear Corp., 8.125%, 03/15/20, Callable 03/15/15 @ 104.06 | 1,280 | 1,408 |
108
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Auto Parts & Equipment—continued | ||||||||
Navistar International Corp., 8.250%, 11/01/21, Callable 11/01/14 @ 104.13 | 4,350 | 4,823 | ||||||
Tower Automotive Holdings USA LLC / TA Holdings Finance, Inc., 10.625%, 09/01/17, Callable 09/01/14 @ 105.31(b) | 2,272 | 2,533 | ||||||
TRW Automotive, Inc., 8.875%, 12/01/17, Callable 12/01/13 @ 104.44(b) | 2,790 | 3,125 | ||||||
Visteon Corp., 6.750%, 04/15/19, Callable 04/15/14 @ 105.06(b)(g) | 7,625 | 7,625 | ||||||
38,724 | ||||||||
Banks (4.0%) | ||||||||
Ally Financial, Inc., 8.000%, 11/01/31(h) | 17,120 | 18,661 | ||||||
CIT Group, Inc., 5.250%, 04/01/14(b) | 6,215 | 6,254 | ||||||
CIT Group, Inc., 7.000%, 05/01/14, Callable 05/27/11 @ 102(f) | 4,460 | 4,544 | ||||||
CIT Group, Inc., 7.000%, 05/01/15, Callable 05/27/11 @ 102(f) | 10,350 | 10,441 | ||||||
CIT Group, Inc., 7.000%, 05/01/16, Callable 05/27/11 @ 102(h) | 15,610 | 15,629 | ||||||
CIT Group, Inc., 7.000%, 05/01/17, Callable 05/27/11 @ 102 | 12,405 | 12,420 | ||||||
Provident Funding Associates LP / PFG Finance Corp., 10.125%, 02/15/19, Callable 02/15/15 @ 105.06(b) | 2,685 | 2,802 | ||||||
70,751 | ||||||||
Beverages (0.1%) | ||||||||
Cott Beverages, Inc., 8.125%, 09/01/18, Callable 09/01/14 @ 104.06 | 1,500 | 1,601 | ||||||
Biotechnology (0.2%) | ||||||||
STHI Holding Corp., 8.000%, 03/15/18, Callable 03/15/14 @ 106.00(b) | 3,335 | 3,452 | ||||||
Building Materials (0.9%) | ||||||||
Associated Materials LLC, 9.125%, 11/01/17, Callable 11/01/13 @ 106.84(b) | 2,335 | 2,498 | ||||||
Texas Industries, Inc., 9.250%, 08/15/20, Callable 08/15/15 @ 104.63 | 2,020 | 2,182 | ||||||
USG Corp., 7.750%, 01/15/18(b) | 1,715 | 1,797 | ||||||
USG Corp., 8.375%, 10/15/18, Callable 10/15/14 @ 104.19(b) | 2,820 | 2,947 | ||||||
USG Corp., 9.750%, 08/01/14(b) | 5,845 | 6,400 | ||||||
15,824 | ||||||||
Chemicals (1.9%) | ||||||||
Georgia Gulf Corp., 9.000%, 01/15/17, Callable 01/15/14 @ 104.50(b) | 4,210 | 4,610 | ||||||
Huntsman International LLC, 5.500%, 06/30/16 | 2,505 | 2,461 | ||||||
Huntsman International LLC, 8.625%, 03/15/21, Callable 09/15/15 @ 104.31(b) | 1,055 | 1,150 | ||||||
INEOS Finance PLC, 9.000%, 05/15/15, Callable 05/15/13 @ 104.50(b) | 1,775 | 1,937 | ||||||
Lyondell Chemical Co., 11.000%, 05/01/18, Callable 05/01/13 @ 100 | 2,800 | 3,143 | ||||||
Nova Chemicals Corp., 8.625%, 11/01/19, Callable 11/01/14 @ 104.31 | 2,845 | 3,183 | ||||||
Oxea Finance & Cy SCA, 9.500%, 07/15/17, Callable 07/15/13 @ 107.12(b) | 2,805 | 3,057 | ||||||
Rain CII Carbon LLC, 8.000%, 12/01/18, Callable 12/01/14 @ 104(b) | 4,610 | 4,933 | ||||||
Solutia, Inc., 7.875%, 03/15/20, Callable 03/15/15 @ 103.94 | 3,025 | 3,282 |
109
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Chemicals—continued | ||||||||
TPC Group LLC, 8.250%, 10/01/17, Callable 10/01/13 @ 106.19(b) | 2,000 | 2,115 | ||||||
Vertellus Specialties, Inc., 9.375%, 10/01/15, Callable 04/01/13 @ 104.69(b) | 3,265 | 3,494 | ||||||
33,365 | ||||||||
Coal (0.3%) | ||||||||
International Coal Group, Inc., 9.125%, 04/01/18, Callable 04/01/14 @ 104.56 | 2,065 | 2,344 | ||||||
Penn Virginia Resource Partners LP, 8.250%, 04/15/18, Callable 04/15/14 @ 104.13 | 2,635 | 2,819 | ||||||
5,163 | ||||||||
Commercial Services (2.1%) | ||||||||
Avis Budget Car Rental LLC, 9.625%, 03/15/18, Callable 03/15/14 @ 104.81 | 3,855 | 4,260 | ||||||
Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 8.250%, 01/15/19, Callable 10/15/14 @ 104.13 | 4,945 | 5,180 | ||||||
Cenveo Corp., 8.875%, 02/01/18, Callable 02/01/14 @ 104.44 | 3,095 | 3,103 | ||||||
Geo Group, Inc. (The), 6.625%, 02/15/21, Callable 02/15/16 @ 103.31(b) | 5,155 | 5,103 | ||||||
Hertz Corp., 7.500%, 10/15/18, Callable 10/15/14 @ 103.75(b) | 2,580 | 2,670 | ||||||
Hertz Corp., 8.875%, 01/01/14, Callable 05/26/11 @ 102.22 | 1,168 | 1,197 | ||||||
Live Nation Entertainment, Inc., 8.125%, 05/15/18, Callable 05/15/14 @ 104.06(b) | 2,075 | 2,132 | ||||||
National Money Mart Co., 10.375%, 12/15/16, Callable 12/15/13 @ 105.19 | 2,625 | 2,927 | ||||||
PHH Corp., 9.250%, 03/01/16(b) | 2,455 | 2,670 | ||||||
United Rentals NA, Inc., 9.250%, 12/15/19, Callable 12/15/14 @ 104.63(h) | 7,616 | 8,473 | ||||||
37,715 | ||||||||
Computers (0.6%) | ||||||||
Seagate HDD Cayman, 6.875%, 05/01/20, Callable 05/01/15 @ 103.44(b)(f) | 1,610 | 1,606 | ||||||
Seagate HDD Cayman, 7.750%, 12/15/18, Callable 12/15/14 @ 103.88(b) | 8,610 | 8,911 | ||||||
Seagate Technology International Co. Ltd., 10.000%, 05/01/14, Callable 05/01/13@ 105(b) | 532 | 620 | ||||||
11,137 | ||||||||
Cosmetics/Personal Care (0.4%) | ||||||||
Revlon Consumer Products Corp., 9.750%, 11/15/15, Callable 11/15/12 @ 104.88 | 6,795 | 7,356 | ||||||
Diversified Financial Services (10.0%) | ||||||||
Ally Financial, Inc., 6.250%, 12/01/17(b) | 11,635 | 11,853 | ||||||
Ally Financial, Inc., 7.500%, 09/15/20(b) | 4,900 | 5,225 | ||||||
Ally Financial, Inc., 8.000%, 03/15/20 | 6,470 | 7,044 | ||||||
Ally Financial, Inc., 8.300%, 02/12/15 | 3,100 | 3,398 | ||||||
American General Finance Corp., Ser H, 5.375%, 10/01/12 | 5,493 | 5,404 | ||||||
American General Finance Corp., Ser H, 5.750%, 09/15/16 | 4,225 | 3,803 | ||||||
American General Finance Corp., Ser I, 5.400%, 12/01/15(f) | 6,925 | 6,319 | ||||||
Bank of America Corp., 8.000%, 01/30/18(a)(i) | 7,370 | 7,925 |
110
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Diversified Financial Services—continued | ||||||||
CEMEX Finance LLC, 9.500%, 12/14/16, Callable 12/14/13 @ 104.75(b)(f) | 3,800 | 4,095 | ||||||
Citigroup Capital XXI, 8.300%, 12/21/57, Callable 12/21/57 @ 100.00(a) | 7,480 | 7,779 | ||||||
FireKeepers Development Authority, 13.875%, 05/01/15, Callable 05/01/12 @ 110.50(b) | 7,355 | 8,716 | ||||||
Ford Motor Credit Co. LLC, 5.750%, 02/01/21 | 7,980 | 7,880 | ||||||
Ford Motor Credit Co. LLC, 8.125%, 01/15/20 | 1,800 | 2,062 | ||||||
Ford Motor Credit Co. LLC, 8.700%, 10/01/14(h) | 11,600 | 13,168 | ||||||
Icahn Enterprises Finance Corp., 8.000%, 01/15/18, Callable 01/15/14 @ 104 | 7,375 | 7,578 | ||||||
ILFC E-Capital Trust I, 5.970%, 12/21/65, Callable 05/26/11 @ 100(a)(b) | 12,420 | 10,336 | ||||||
ILFC E-Capital Trust II, 6.250%, 12/21/65, Callable 12/21/15 @ 100(a)(b) | 2,490 | 2,092 | ||||||
International Lease Finance Corp., 8.250%, 12/15/20 | 2,380 | 2,609 | ||||||
International Lease Finance Corp., 8.875%, 09/15/15(b) | 2,230 | 2,453 | ||||||
International Lease Finance Corp., 9.000%, 03/15/17(b) | 4,325 | 4,866 | ||||||
Northern Tier Energy LLC / Norther Tier Finance Corp., 10.500%, 12/01/17, Callable 12/01/13 @ 107.88(b) | 5,020 | 5,685 | ||||||
Offshore Group Investments Ltd., 11.500%, 08/01/15, Callable 02/01/13 @ 108.62(b) | 7,185 | 7,975 | ||||||
Provident Funding Association LP, 10.250%, 04/15/17, Callable 04/15/14 @ 105.13(b) | 3,455 | 3,852 | ||||||
Regions Bank, 6.450%, 06/26/37 | 2,825 | 2,599 | ||||||
Regions Bank, 7.500%, 05/15/18 | 2,050 | 2,167 | ||||||
Regions Financial Corp., 5.750%, 06/15/15 | 5,545 | 5,649 | ||||||
SLM Corp., MTN, 6.250%, 01/25/16 | 5,790 | 6,036 | ||||||
Springleaf Finance Corp., 6.900%, 12/15/17, MTN | 10,375 | 9,480 | ||||||
SquareTwo Financial Corp., 11.625%, 04/01/17, Callable 04/01/14 @ 105.81(b) | 1,270 | 1,289 | ||||||
SunGard Data Systems, Inc., 7.375%, 11/15/18, Callable 11/15/13 @ 105.53(b) | 2,375 | 2,428 | ||||||
SunGard Data Systems, Inc., 7.625%, 11/15/20, Callable 11/15/15 @ 103.81(b) | 3,895 | 4,002 | ||||||
175,767 | ||||||||
Electric (6.8%) | ||||||||
AES Corp. (The), 7.750%, 10/15/15 | 485 | 524 | ||||||
AES Corp. (The), 8.000%, 10/15/17 | 5,955 | 6,402 | ||||||
AES Corp. (The), 9.750%, 04/15/16 | 2,750 | 3,156 | ||||||
AES Ironwood LLC, 8.857%, 11/30/25 | 3,316 | 3,291 | ||||||
Calpine Corp., 7.500%, 02/15/21, Callable 11/01/15 @ 103.75(b) | 4,200 | 4,347 | ||||||
Calpine Corp., 7.875%, 01/15/23, Callable 01/15/17 @ 103.94(b) | 5,855 | 6,074 | ||||||
Edison Mission Energy, 7.000%, 05/15/17 | 4,335 | 3,479 | ||||||
Edison Mission Energy, 7.200%, 05/15/19 | 8,965 | 6,993 | ||||||
Edison Mission Energy, 7.500%, 06/15/13(f) | 6,087 | 6,056 | ||||||
Edison Mission Energy, 7.750%, 06/15/16(f) | 1,045 | 888 | ||||||
Elwood Energy LLC, 8.159%, 07/05/26 | 2,374 | 2,351 |
111
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Electric—continued | ||||||||
Energy Future Holdings Corp., 10.000%, 01/15/20, Callable 01/15/15 @ 105 | 5,515 | 5,844 | ||||||
Energy Future Intermediate Holding Co. LLC / EFIH Finance, Inc., 10.000%, 12/01/20, Callable 12/01/15 @ 105 | 3,075 | 3,258 | ||||||
GenOn Energy, Inc., 9.875%, 10/15/20, Callable 10/15/15 @ 104.94(b)(f) | 20,260 | 21,172 | ||||||
GenOn Escrow Corp., 9.500%, 10/15/18(b) | 12,570 | 13,073 | ||||||
Midwest Generation LLC, Ser B, 8.560%, 01/02/16 | 6,214 | 6,338 | ||||||
Mirant Mid Atlantic LLC, Ser B, 9.125%, 06/30/17 | 4,204 | 4,572 | ||||||
Mirant Mid Atlantic LLC, Ser C, 10.060%, 12/30/28 | 2,046 | 2,312 | ||||||
NRG Energy, Inc., 7.625%, 01/15/18(b) | 11,370 | 11,796 | ||||||
NRG Energy, Inc., 8.500%, 06/15/19, Callable 06/15/14 @ 104.25 | 2,935 | 3,089 | ||||||
Sithe/Independence Funding Corp., Ser A, 9.000%, 12/30/13 | 3,481 | 3,555 | ||||||
United Maritime Group LLC/Finance Corp., 11.750%, 06/15/15, Callable 12/15/12 @ 105.88 | 1,445 | 1,499 | ||||||
120,069 | ||||||||
Electronics (0.4%) | ||||||||
Allbritton Communications Co., 8.000%, 05/15/18, Callable 05/15/14 @ 104 | 2,240 | 2,363 | ||||||
Jabil Circuit, Inc., 8.250%, 03/15/18 | 3,460 | 3,927 | ||||||
Viasystems Group, Inc., 12.000%, 01/15/15, Callable 07/15/12 @ 106(b) | 1,410 | 1,594 | ||||||
7,884 | ||||||||
Energy-Alternate Sources (0.3%) | ||||||||
Covanta Holding Corp., 7.250%, 12/01/20, Callable 12/01/15 @ 103.63 | 4,610 | 4,828 | ||||||
Engineering & Construction (0.5%) | ||||||||
Abengoa Finance SAU, 8.875%, 11/01/17(b) | 2,575 | 2,569 | ||||||
Aguila 3 SA, 7.875%, 01/31/18, Callable 01/31/14 @ 105.91(b) | 2,900 | 2,958 | ||||||
Dycom Investments, Inc., 7.125%, 01/15/21, Callable 01/15/16 @ 103.56(b) | 2,570 | 2,615 | ||||||
8,142 | ||||||||
Entertainment (1.8%) | ||||||||
Cinemark USA, Inc., 8.625%, 06/15/19, Callable 06/15/14 @ 104.31 | 610 | 667 | ||||||
Diamond Resorts Corp., 12.000%, 08/15/18, Callable 08/15/14 @ 106(b) | 9,745 | 10,427 | ||||||
Marina District Finance Co., Inc., 9.500%, 10/15/15, Callable 10/15/13 @ 104.75(b)(f) | 650 | 680 | ||||||
Marina District Finance Co., Inc., 9.875%, 08/15/18, Callable 08/15/14 @ 104.94(b)(f) | 3,335 | 3,489 | ||||||
Penn National Gaming, Inc., 8.750%, 08/15/19, Callable 08/15/14 @ 104.38 | 3,000 | 3,311 | ||||||
Pinnacle Entertainment, Inc., 8.750%, 05/15/20, Callable 05/15/15 @ 104.38 | 3,780 | 3,931 | ||||||
Regal Entertainment Group, 9.125%, 08/15/18, Callable 08/15/14 @ 104.56 | 4,090 | 4,376 | ||||||
Speedway Motorsports, Inc., 8.750%, 06/01/16, Callable 06/01/13 @ 104.38 | 2,395 | 2,626 | ||||||
WMG Holdings Corp., 9.500%, 12/15/14, Callable 12/15/11 @ 101.58(f)(j) | 2,240 | 2,285 | ||||||
31,792 | ||||||||
112
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Environmental Control (0.3%) | ||||||||
Casella Waste Systems, Inc., 11.000%, 07/15/14, Callable 07/15/12 @ 105.50 | 260 | 294 | ||||||
Darling International, Inc., 8.500%, 12/15/18, Callable 12/15/14 @ 104.25(b) | 2,330 | 2,534 | ||||||
EnergySolutions, Inc., 10.750%, 08/15/18, Callable 08/15/14 @ 105.38(b) | 2,060 | 2,287 | ||||||
5,115 | ||||||||
Food (0.9%) | ||||||||
Bumble Bee Acquisition Corp., 9.000%, 12/15/17, Callable 12/15/14 @ 104(b) | 2,010 | 2,090 | ||||||
Dean Foods Co., 7.000%, 06/01/16(f) | 5,830 | 5,560 | ||||||
Pilgrim’s Pride Corp., 7.875%, 12/15/18, Callable 12/15/14 @ 103.94(b)(f) | 3,765 | 3,652 | ||||||
Stater Bros Holdings, Inc., 7.750%, 04/15/15, Callable 04/15/11 @ 103.88 | 4,790 | 4,970 | ||||||
16,272 | ||||||||
Forest Products&Paper (0.8%) | ||||||||
Boise Paper Holdings LLC/Finance Co., 9.000%, 11/01/17, Callable 11/01/13 @ 104.50 | 3,200 | 3,552 | ||||||
NewPage Corp., 11.375%, 12/31/14, Callable 03/31/12 @ 105 | 4,675 | 4,681 | ||||||
Verso Paper Holdings LLC, 11.500%, 07/01/14, Callable 01/01/12 @ 105(f) | 2,700 | 2,950 | ||||||
Verso Paper Holdings LLC / Verso Paper, Inc., 8.750%, 02/01/19, Callable 02/01/15 @ 104.38(b)(f) | 3,510 | 3,650 | ||||||
14,833 | ||||||||
Gas (0.2%) | ||||||||
Sabine Pass LNG LP, 7.500%, 11/30/16 | 2,785 | 2,862 | ||||||
Hand/Machine Tools (0.2%) | ||||||||
Thermadyne Holdings Corp., 9.000%, 12/15/17, Callable 12/15/13 @ 106.75(b) | 3,080 | 3,253 | ||||||
Healthcare — Products (1.7%) | ||||||||
Accellent, Inc., 8.375%, 02/01/17, Callable 02/01/13 @ 106.28 | 1,720 | 1,845 | ||||||
Alere, Inc., 7.875%, 02/01/16, Callable 02/01/13 @ 103.94 | 4,675 | 4,879 | ||||||
Biomet, Inc., 10.000%, 10/15/17, Callable 10/15/12 @ 105 | 6,480 | 7,104 | ||||||
Rotech Healthcare, Inc., 10.500%, 03/15/18, Callable 03/15/15 @ 105.25(b) | 3,790 | 3,752 | ||||||
Rotech Healthcare, Inc., 10.750%, 10/15/15, Callable 04/15/13 @ 105.38 | 2,465 | 2,693 | ||||||
Universal Hospital Services, Inc., PIK, 8.500%, 06/01/15, Callable 06/01/11 @ 104.25 | 8,615 | 8,992 | ||||||
29,265 | ||||||||
Healthcare — Services (2.1%) | ||||||||
American Renal Holdings Co., Inc., 8.375%, 05/15/18, Callable 05/15/13 @ 104.19 | 1,715 | 1,809 | ||||||
Apria Healthcare Group, Inc., 11.250%, 11/01/14, Callable 11/01/11 @ 105.62 | 5,925 | 6,384 | ||||||
Gentiva Health Services, Inc., 11.500%, 09/01/18, Callable 09/01/14 @ 105.75 | 2,595 | 2,936 | ||||||
HCA, Inc., 7.250%, 09/15/20, Callable 03/15/15 @ 103.63 | 3,500 | 3,745 | ||||||
HCA, Inc., 9.250%, 11/15/16, Callable 11/15/11 @ 104.63 | 60 | 65 |
113
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Healthcare — Services—continued | ||||||||
HCA, Inc., 9.875%, 02/15/17, Callable 02/15/13 @ 104.94 | 8,240 | 9,229 | ||||||
Tenet Healthcare Corp., 8.875%, 07/01/19, Callable 07/01/14 @ 104.44 | 5,225 | 5,956 | ||||||
Vanguard Health Holding Co. II LLC / Vanguard Holding Co. II, Inc., 7.750%, 02/01/19, Callable 02/01/14 @ 105.81(b)(f) | 6,135 | 6,212 | ||||||
36,336 | ||||||||
Holding Companies-Divers (0.4%) | ||||||||
Leucadia National Corp., 7.125%, 03/15/17, Callable 03/15/12 @ 103.56 | 7,375 | 7,744 | ||||||
Home Builders (0.4%) | ||||||||
KB Home, 9.100%, 09/15/17 | 3,180 | 3,371 | ||||||
Standard Pacific Corp., 8.375%, 05/15/18 | 3,705 | 3,848 | ||||||
7,219 | ||||||||
Household Products/Wares (0.7%) | ||||||||
ACCO Brands Corp., 10.625%, 03/15/15, Callable 09/15/12 @ 105.31 | 1,555 | 1,753 | ||||||
Jarden Corp., 7.500%, 01/15/20, Callable 09/15/12 @ 105.31 | 4,450 | 4,673 | ||||||
Reynolds Group Holdings, 6.875%, 02/15/21, Callable 02/15/16 @ 103.44(b) | 5,875 | 5,919 | ||||||
12,345 | ||||||||
Insurance (3.5%) | ||||||||
American General Institutional Capital, Ser B, 8.125%, 03/15/46(b) | 2,750 | 2,991 | ||||||
American International Group, Inc., 8.175%, 05/15/68, Callable 05/15/38 @ 100(a) | 8,975 | 9,659 | ||||||
Fairfax Financial Holdings Ltd., 7.375%, 04/15/18 | 274 | 291 | ||||||
Genworth Financial, Inc., 6.150%, 11/15/66, Callable 11/15/16 @ 100(a) | 9,575 | 7,564 | ||||||
Genworth Financial, Inc., 7.625%, 09/24/21 | 745 | 747 | ||||||
Hartford Financial Services Group, Inc., 8.125%, 06/15/38, Callable 06/15/18 @ 100(a) | 5,177 | 5,669 | ||||||
ING Capital Funding Trust III, Ser 9, 3.907%, 06/30/11(a)(i) | 4,815 | 4,669 | ||||||
ING Groep NV, 5.775%, 12/08/15(a)(i) | 4,830 | 4,468 | ||||||
Liberty Mutual Group, Inc., 7.000%, 03/15/37, Callable 03/15/17 @ 100(a)(b) | 2,730 | 2,626 | ||||||
Liberty Mutual Group, Inc., 7.800%, 03/15/37(b) | 2,900 | 2,885 | ||||||
Liberty Mutual Group, Inc., 10.750%, 06/15/88, Callable 06/15/38 @ 100(a)(b) | 2,740 | 3,562 | ||||||
Lincoln National Corp., 6.050%, 04/20/67, Callable 04/20/17 @ 100(a) | 2,155 | 2,015 | ||||||
Lincoln National Corp., 7.000%, 05/17/66, Callable 05/17/16 @ 100(a) | 1,220 | 1,211 | ||||||
MBIA, Inc., 5.700%, 12/01/34 | 12,040 | 8,159 | ||||||
White Mountains Re Group Ltd., 7.506%, 06/30/17(a)(b)(i) | 5,190 | 4,965 | ||||||
61,481 | ||||||||
Internet (0.5%) | ||||||||
UPC Holding BV, 9.875%, 04/15/18, Callable 04/15/14 @ 104.94(b) | 3,600 | 3,978 | ||||||
Zayo Group LLC, 10.250%, 03/15/17, Callable 03/15/13 @ 105.13 | 3,720 | 4,092 | ||||||
8,070 | ||||||||
114
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Iron/Steel (0.7%) | ||||||||
APERAM, 7.375%, 04/01/16, Callable 10/01/13 @ 103.69(b) | 2,700 | 2,747 | ||||||
APERAM, 7.750%, 04/01/18, Callable 04/01/15 @ 103.88(b) | 2,550 | 2,601 | ||||||
JMC Steel Group, 8.250%, 03/15/18, Callable 03/15/14 @ 106.19(b) | 7,445 | 7,613 | ||||||
12,961 | ||||||||
Leisure Time (0.4%) | ||||||||
ClubCorp Club Operations, Inc., 10.000%, 12/01/18, Callable 12/01/14 @ 105(b) | 7,290 | 7,326 | ||||||
Lodging (1.0%) | ||||||||
Ameristar Casinos, Inc., 9.250%, 06/01/14, Callable 12/01/11 @ 104.63 | 4,040 | 4,439 | ||||||
Caesars Entertainment Operating Co., Inc., 11.250%, 06/01/17, Callable 06/01/13 @ 105.62 | 1,230 | 1,398 | ||||||
MCE Finance Ltd., 10.250%, 05/15/18, Callable 05/15/14 @ 105.13 | 1,910 | 2,213 | ||||||
MTR Gaming Group, Inc., Ser B, 12.625%, 07/15/14, Callable 07/15/11 @ 106.31 | 3,070 | 3,270 | ||||||
Wynn Las Vegas LLC, 7.750%, 08/15/20, Callable 08/15/15 @ 103.88 | 6,390 | 6,773 | ||||||
18,093 | ||||||||
Machinery-Diversified (0.7%) | ||||||||
Chart Industries, Inc., 9.125%, 10/15/15, Callable 05/27/11 @ 104.56 | 1,700 | 1,734 | ||||||
Manitowoc Co., Inc. (The), 8.500%, 11/01/20, Callable 11/01/15 @ 104.25 | 4,305 | 4,617 | ||||||
Terex Corp., 8.000%, 11/15/17, Callable 11/15/12 @ 104 | 220 | 232 | ||||||
Terex Corp., 10.875%, 06/01/16, Callable 06/01/13 @ 105.44 | 5,705 | 6,632 | ||||||
13,215 | ||||||||
Media (4.2%) | ||||||||
Block Communications, Inc., 8.250%, 12/15/15, Callable 05/31/11 @ 104.13(b) | 3,050 | 3,134 | ||||||
Cablevision Systems Corp., 7.750%, 04/15/18 | 1,180 | 1,274 | ||||||
CCO Holdings LLC, 7.250%, 10/30/17, Callable 10/30/13 @ 105.44 | 2,925 | 3,057 | ||||||
CCO Holdings LLC / Cap Corp., 7.875%, 04/30/18, Callable 04/30/13 @ 105.91 | 5,090 | 5,408 | ||||||
CCO Holdings LLC / Cap Corp., 8.125%, 04/30/20, Callable 04/30/15 @ 104.06 | 2,190 | 2,382 | ||||||
CCO Holdings LLC / CCO Holdings Capital Corp., 7.000%, 01/15/19, Callable 01/15/14 @ 105.25(b) | 4,985 | 5,097 | ||||||
Citadel Broadcasting Corp., 7.750%, 12/15/18, Calllable 12/15/14 @ 103.88(b) | 2,155 | 2,335 | ||||||
Clear Channel Worldwide Holdings, Inc., Ser B, 9.250%, 12/15/17, Callable 12/15/12 @ 106.94 | 2,870 | 3,146 | ||||||
Clear Channel Worldwide Holdings, Inc., Series REGS, 9.250%, 12/15/17, Callable 12/15/12 @ 106.94 | 2,200 | 2,404 | ||||||
DISH DBS Corp., 7.125%, 02/01/16 | 3,800 | 4,057 | ||||||
DISH DBS Corp., 7.750%, 05/31/15 | 3,430 | 3,756 | ||||||
DISH DBS Corp., 7.875%, 09/01/19 | 3,126 | 3,384 |
115
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Media—continued | ||||||||
Entravision Communications Corp., 8.750%, 08/01/17, Callable 08/01/13 @ 106.56 | 2,360 | 2,513 | ||||||
Insight Communications, Inc., 9.375%, 07/15/18, Callable 07/15/13 @ 107.03(b) | 3,850 | 4,274 | ||||||
Mediacom LLC/Capital Corp., 9.125%, 08/15/19, Callable 08/15/14 @ 104.56(f) | 2,475 | 2,648 | ||||||
Nexstar Broadcasting, Inc. / Mission Broadcasting, Inc., 8.875%, 04/15/17, Callable 04/15/14 @ 104.44 | 1,975 | 2,138 | ||||||
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 05/26/11 @ 103.88 | 3,095 | 3,211 | ||||||
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 05/26/11 @ 103.88 | 705 | 731 | ||||||
Salem Communications Corp., 9.625%, 12/15/16, Callable 12/15/13 @ 104.81 | 2,907 | 3,140 | ||||||
Sinclair Television Group, Inc., 9.250%, 11/01/17, Callable 11/01/13 @ 104.63(b) | 4,490 | 5,006 | ||||||
Sirius XM Radio, Inc., 7.625%, 11/01/18, Callable 11/01/14 @ 103.81(b) | 2,910 | 3,070 | ||||||
Sirius XM Radio, Inc., 9.750%, 09/01/15, Callable 09/01/12 @ 104.88(b) | 3,130 | 3,525 | ||||||
Unitymedia Hessen GmbH & Co. KG / Unitymedia NRW GmbH, 8.125%, 12/01/17, Callable 12/01/12 @ 108.12(b) | 1,900 | 2,000 | ||||||
Univision Communications, Inc., 7.875%, 11/01/20, Callable 11/01/15 @ 103.94(b) | 1,650 | 1,745 | ||||||
73,435 | ||||||||
Metal Fabricate/Hardware (0.1%) | ||||||||
Mueller Water Products, Inc., 8.750%, 09/01/20, Callable 09/01/15 @ 104.38 | 2,335 | 2,598 | ||||||
Mining (0.9%) | ||||||||
Compass Minerals International, Inc., 8.000%, 06/01/19, Callable 06/01/14 @ 104 | 3,065 | 3,341 | ||||||
Novelis, Inc., 8.375%, 12/15/17, Callable 12/15/13 @ 106.28(b) | 3,785 | 4,097 | ||||||
Novelis, Inc., 8.750%, 12/15/20, Callable 12/15/15 @ 104.38(b) | 6,300 | 6,930 | ||||||
Teck Cominco Ltd., 6.125%, 10/01/35 | 920 | 945 | ||||||
15,313 | ||||||||
Miscellaneous Manufacturer (0.6%) | ||||||||
Amsted Industries, Inc., 8.125%, 03/15/18, Callable 03/15/14 @ 104.06(b) | 3,935 | 4,195 | ||||||
Griffon Corp., 7.125%, 04/01/18, Callable 04/01/14 @ 105.34(b) | 3,415 | 3,475 | ||||||
Koppers, Inc., 7.875%, 12/01/19, Callable 12/01/14 @ 103.94 | 857 | 930 | ||||||
Polymer Group, Inc., 7.750%, 02/01/19, Callable 02/01/15 @ 103.88(b) | 2,695 | 2,779 | ||||||
11,379 | ||||||||
Office Furnishings (0.1%) | ||||||||
Interface, Inc., 7.625%, 12/01/18, Callable 12/01/14 @ 103.81(b) | 1,800 | 1,872 | ||||||
116
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Oil & Gas (4.9%) | ||||||||
American Petroleum Tankers LLC, 10.250%, 05/01/15, Callable 05/01/12 @ 105.13(b) | 3,945 | 4,152 | ||||||
Chesapeake Energy Corp., 6.500%, 08/15/17 | 1,295 | 1,400 | ||||||
Chesapeake Energy Corp., 6.875%, 08/15/18 | 6,375 | 6,933 | ||||||
Chesapeake Energy Corp., 6.875%, 11/15/20 | 1,530 | 1,652 | ||||||
Chesapeake Energy Corp., 7.250%, 12/15/18 | 8,605 | 9,616 | ||||||
CITGO Petroleum Corp., 11.500%, 07/01/17, Callable 07/01/14 @ 105.75(b) | 2,910 | 3,390 | ||||||
Coffeyville Resources LLC, 9.000%, 04/01/15, Callable 04/01/12 @ 106.75(b) | 4,369 | 4,751 | ||||||
Coffeyville Resources LLC, 10.875%, 04/01/17, Callable 04/01/13 @ 108.16(b) | 3,015 | 3,430 | ||||||
Comstock Resources, Inc., 7.750%, 04/01/19, Callable 04/01/15 @ 103.88 | 4,780 | 4,864 | ||||||
Concho Resources, Inc., 7.000%, 01/15/21, Callable 01/15/16 @ 103.50 | 3,495 | 3,679 | ||||||
Linn Energy LLC/Finance Corp., 8.625%, 04/15/20, Callable 04/15/15 @ 104.31(b) | 1,565 | 1,737 | ||||||
Penn Virginia Corp., 10.375%, 06/15/16, Callable 06/15/13 @ 105.19 | 1,795 | 2,028 | ||||||
Plains Exploration & Production Co., 7.625%, 06/01/18, Callable 06/01/13 @ 103.81 | 2,510 | 2,686 | ||||||
Plains Exploration & Production Co., 8.625%, 10/15/19, Callable 10/15/14 @ 104.31 | 2,095 | 2,331 | ||||||
Range Resources Corp., 7.250%, 05/01/18, Callable 05/01/13 @ 103.63 | 2,130 | 2,279 | ||||||
Range Resources Corp., 7.500%, 05/15/16, Callable 05/15/11 @ 103.75 | 1,390 | 1,442 | ||||||
RDS Ultra-Deepwater Ltd., 11.875%, 03/15/17, Callable 03/15/14 @ 105.94(b) | 3,895 | 4,265 | ||||||
Sabine Pass LNG LP, 7.250%, 11/30/13 | 1,845 | 1,887 | ||||||
SandRidge Energy, Inc., 8.750%, 01/15/20, Callable 01/15/15 @ 104.38(f) | 6,825 | 7,439 | ||||||
United Refining Co., 10.500%, 02/28/18, Callable 02/28/15 @ 105.25(b) | 8,430 | 8,377 | ||||||
Western Refining, Inc., 11.250%, 06/15/17, Callable 06/15/13 @ 105.62(b) | 6,375 | 7,204 | ||||||
85,542 | ||||||||
Oil & Gas Services (0.5%) | ||||||||
Exterran Holdings, Inc., 7.250%, 12/01/18, Callable 12/01/13 @ 105.44(b) | 955 | 974 | ||||||
Geokinetics Holdings, Inc., 9.750%, 12/15/14, Callable 12/15/11 @ 104.88 | 6,145 | 5,907 | ||||||
Thermon Industries, Inc., 9.500%, 05/01/17, Callable 05/01/14 @ 104.75 | 2,550 | 2,754 | ||||||
9,635 | ||||||||
Packaging & Containers (0.6%) | ||||||||
Ardagh Packaging Finance PLC, 9.125%, 10/15/20, Callable 10/15/15 @ 104.56(b) | 5,550 | 6,008 |
117
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Packaging & Containers—continued | ||||||||
Graphic Packaging International, Inc., 9.500%, 06/15/17, Callable 06/15/13 @ 104.75 | 2,175 | 2,414 | ||||||
Plastipak Holdings, Inc., 10.625%, 08/15/19, Callable 08/15/14 @ 105.31(b) | 2,010 | 2,291 | ||||||
10,713 | ||||||||
Pharmaceuticals (2.6%) | ||||||||
ConvaTec Healthcare, 10.500%, 12/15/18, Callable 12/15/14 @ 105.25(b) | 8,750 | 9,187 | ||||||
Elan Finance PLC/Elan Finance Corp., 8.875%, 12/01/13, Callable 12/01/11 @ 102.22 | 1,330 | 1,375 | ||||||
Elan Financial PLC/Elan Financial Corp., 8.750%, 10/15/16, Callable 10/15/12 @ 108.75 | 3,700 | 3,913 | ||||||
Endo Pharmaceuticals Holdings, Inc., 7.000%, 12/15/20, Callable 12/15/15 @ 103.50(b) | 7,445 | 7,696 | ||||||
Lantheus Medical Imaging, Inc., 9.750%, 05/15/17, Callable 05/15/14 @ 104.88 | 3,145 | 3,279 | ||||||
Lantheus Medical Imaging, Inc., 9.750%, 05/15/17, Callable 05/15/14 @ 104.88(b) | 2,250 | 2,346 | ||||||
Omnicare, Inc., 6.125%, 06/01/13, Callable 06/01/11 @ 100.00 | 427 | 428 | ||||||
PharmaNet Development Group, Inc., 10.875%, 04/15/17, Callable 04/15/14 @ 105.44(b) | 3,780 | 4,158 | ||||||
Valeant Pharmaceuticals International, 6.500%, 07/15/16, Callable 07/15/13 @ 103.25(b) | 8,010 | 7,910 | ||||||
Warner Chilcott Co. LLC/Warner Chilcott Finance LLC, 7.750%, 09/15/18, Callable 09/15/14 @ 103.88(b) | 4,520 | 4,735 | ||||||
45,027 | ||||||||
Pipelines (3.1%) | ||||||||
Atlas Pipeline Partners LP, 8.750%, 06/15/18, Callable 06/15/13 @ 104.38 | 3,335 | 3,585 | ||||||
Copano Energy LLC, 7.750%, 06/01/18, Callable 06/01/13 @ 103.88 | 1,450 | 1,515 | ||||||
Copano Energy LLC / Copano Energy Finance Corp., 7.125%, 04/01/21, Callable 04/01/16 @ 103.56(g) | 5,975 | 6,050 | ||||||
Dynegy Holdings, Inc., 7.500%, 06/01/15 | 8,600 | 7,235 | ||||||
El Paso Corp., 7.000%, 06/15/17 | 1,540 | 1,724 | ||||||
El Paso Corp., 7.250%, 06/01/18 | 3,125 | 3,513 | ||||||
El Paso Corp., Ser G, 7.750%, 01/15/32, MTN | 8,380 | 9,391 | ||||||
El Paso Corp., Ser G, 7.800%, 08/01/31, MTN | 1,575 | 1,747 | ||||||
El Paso Corp., Ser G, 8.050%, 10/15/30, MTN | 1,215 | 1,382 | ||||||
Genesis Energy LP, 7.875%, 12/15/18, Callable 12/15/14 @ 103.94(b) | 2,325 | 2,348 | ||||||
MarkWest Energy Partners LP, 6.750%, 11/01/20, Callable 11/01/15 @ 103.38 | 10,600 | 10,865 | ||||||
MarkWest Energy Partners LP, Ser B, 8.750%, 04/15/18, Callable 04/15/13 @ 104.38 | 235 | 256 | ||||||
Targa Resources Partners LP, 8.250%, 07/01/16, Callable 07/01/12 @ 104.13 | 4,790 | 5,041 | ||||||
54,652 | ||||||||
118
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Principal | ||||||||
Amount($) | Value($) | |||||||
Real Estate (0.1%) | ||||||||
Kennedy-Wilson, Inc., 8.750%, 04/01/19, Callable 04/01/15 @ 104.38(b)(g) | 1,105 | 1,097 | ||||||
Real Estate Investment Trusts (1.0%) | ||||||||
DuPont Fabros Technology LP, 8.500%, 12/15/17, Callable 12/15/13 @ 104.25 | 3,080 | 3,392 | ||||||
Host Hotels & Resorts LP, 9.000%, 05/15/17, Callable 05/15/13 @ 104.50(f) | 1,115 | 1,257 | ||||||
Host Marriott LP, 7.125%, 11/01/13, Callable 05/26/11 @ 101.19 | 653 | 663 | ||||||
Reckson Operating Partnership LP, 7.750%, 03/15/20 | 6,005 | 6,744 | ||||||
Rouse Co. LP (The), 6.750%, 11/09/15, Callable 05/09/13 @ 103.38 | 5,100 | 5,304 | ||||||
17,360 | ||||||||
Retail (2.5%) | ||||||||
Ferrellgas Partners LP, 6.500%, 05/01/21, Callable 05/01/16 @ 103.25(b) | 2,775 | 2,692 | ||||||
Ferrellgas Partners LP, 9.125%, 10/01/17, Callable 10/01/13 @ 104.56 | 2,095 | 2,336 | ||||||
Limited Brands, Inc., 6.625%, 04/01/21 | 2,900 | 2,965 | ||||||
Limited Brands, Inc., 7.000%, 05/01/20 | 2,520 | 2,668 | ||||||
Macy’s Retail Holdings, Inc., 8.375%, 07/15/15 | 7,000 | 8,138 | ||||||
Phillips-Van Heusen Corp., 7.375%, 05/15/20, Callable 05/15/15 @ 103.69 | 2,005 | 2,120 | ||||||
QVC, Inc., 7.500%, 10/01/19, Callable 10/01/14 @ 103.75(b) | 1,600 | 1,680 | ||||||
Rite Aid Corp., 7.500%, 03/01/17, Callable 03/01/12 @ 103.75(f) | 3,615 | 3,615 | ||||||
Roadhouse Financing, Inc., 10.750%, 10/15/17, Callable 10/15/13 @ 108.06(b) | 2,735 | 2,933 | ||||||
Sears Holdings Corp., 6.625%, 10/15/18(b) | 8,890 | 8,623 | ||||||
Toys “R” Us Property Co. LLC, 10.750%, 07/15/17, Callable 07/15/13 @ 105.38 | 5,415 | 6,146 | ||||||
43,916 | ||||||||
Semiconductors (0.7%) | ||||||||
Advanced Micro Devices, Inc., 7.750%, 08/01/20, Callable 08/01/15 @ 103.88 | 4,115 | 4,228 | ||||||
Freescale Semiconductor, Inc., 9.250%, 04/15/18, Callable 04/15/14 @ 104.63(b) | 5,035 | 5,513 | ||||||
MEMC Electronic Materials, Inc., 7.750%, 04/01/19, Callable 04/01/14 @ 105.81(b) | 3,025 | 3,097 | ||||||
12,838 | ||||||||
Shipbuilding (1.0%) | ||||||||
Huntington Ingalls Industries, Inc., 6.875%, 03/15/18, Callable 03/15/15 @ 103.44(b) | 8,110 | 8,465 | ||||||
Huntington Ingalls Industries, Inc., 7.125%, 03/15/21, Callable 03/15/16 @ 103.56(b) | 8,110 | 8,454 | ||||||
16,919 | ||||||||
Storage/Warehousing (0.6%) | ||||||||
Niska Gas Storage US LLC / Niska Gas Storage Canada ULC, 8.875%, 03/15/18, Callable 03/15/14 @ 104.44 | 9,745 | 10,598 | ||||||
Telecommunication Services (13.6%) | ||||||||
Avaya, Inc., 7.000%, 04/01/19, Callable 04/01/15 @ 103.50(b) | 7,240 | 7,059 | ||||||
Cequel Communications Holdings I LLC, 8.625%, 11/15/17, Callable 11/15/12 @ 106.47(b) | 8,970 | 9,351 |
119
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Principal | ||||||||
Amount($) | Value($) | |||||||
Telecommunication Services—continued | ||||||||
Cincinnati Bell, Inc., 8.375%, 10/15/20, Callable 10/15/15 @ 104.19 | 480 | 472 | ||||||
Clearwire Communications LLC, 12.000%, 12/01/15, Callable 12/01/12 @ 106(b) | 4,770 | 5,152 | ||||||
Cricket Communications, Inc., 7.750%, 05/15/16, Callable 05/15/12 @ 105.81 | 1,535 | 1,631 | ||||||
DigitalGlobe, Inc., 10.500%, 05/01/14, Callable 05/01/12 @ 105.25 | 3,590 | 4,070 | ||||||
Frontier Communications Corp., 8.250%, 05/01/14 | 900 | 999 | ||||||
Frontier Communications Corp., 8.250%, 04/15/17 | 5,115 | 5,524 | ||||||
Frontier Communications Corp., 8.500%, 04/15/20 | 6,590 | 7,142 | ||||||
GeoEye, Inc., 8.625%, 10/01/16, Callable 10/01/13 @ 104.31 | 2,055 | 2,189 | ||||||
Global Crossing (UK) Finance PLC, 10.750%, 12/15/14, Callable 05/27/11 @ 103.58 | 4,772 | 4,963 | ||||||
Global Crossing Ltd., 12.000%, 09/15/15, Callable 09/15/12 @ 106 | 7,535 | 8,590 | ||||||
Hughes Network Systems LLC/HNS Finance Corp., 9.500%, 04/15/14, Callable 04/15/11 @ 102.38 | 2,875 | 2,968 | ||||||
Inmarsat Finance PLC, 7.375%, 12/01/17, Callable 12/01/13 @ 103.69(b) | 1,780 | 1,878 | ||||||
Integra Telecom, Inc., 10.750%, 04/15/16, Callable 04/15/13 @ 105.38(b) | 3,400 | 3,651 | ||||||
Intelsat Jackson Holdings SA, 7.250%, 04/01/19, Callable 04/01/15 @ 103.63(b)(g) | 3,820 | 3,825 | ||||||
Intelsat Jackson Holdings SA, 7.500%, 04/01/21, Callable 04/01/16 @ 103.75(b)(g) | 14,340 | 14,376 | ||||||
Intelsat Jackson Holdings SA, 8.500%, 11/01/19, Callable 11/01/14 @ 104.25(b) | 850 | 914 | ||||||
Intelsat Subsidiary Holding Co. Ltd, 8.500%, 01/15/13, Callable 05/05/11 @ 100 | 2,100 | 2,106 | ||||||
Level 3 Financing, Inc., 9.250%, 11/01/14, Callable 06/08/11 @ 104.63 | 6,720 | 6,871 | ||||||
Level 3 Financing, Inc., 9.375%, 04/01/19, Callable 04/01/15 @ 104.69(b) | 5,865 | 5,674 | ||||||
Level 3 Financing, Inc., 10.000%, 02/01/18, Callable 02/01/14 @ 105(h) | 9,210 | 9,221 | ||||||
MetroPCS Wireless, Inc., 6.625%, 11/15/20, Callable 11/15/15 @ 103.31 | 2,640 | 2,637 | ||||||
MetroPCS Wireless, Inc., 7.875%, 09/01/18, Callable 09/01/14 @ 103.94 | 1,860 | 1,990 | ||||||
Nextel Communications, Inc., Ser D, 7.375%, 08/01/15, Callable 05/06/11 @ 100.92 | 3,395 | 3,408 | ||||||
Nextel Communications, Inc., Ser E, 6.875%, 10/31/13, Callable 05/06/11 @ 100.86(h) | 11,855 | 11,944 | ||||||
NII Capital Corp., 7.625%, 04/01/21, Callable 04/01/16 @ 103.81 | 4,440 | 4,540 | ||||||
NII Capital Corp., 8.875%, 12/15/19, Callable 12/15/14 @ 104.44 | 3,825 | 4,207 | ||||||
PAETEC Holding Corp., 8.875%, 06/30/17, Callable 06/30/13 @ 104.44 | 7,510 | 8,092 |
120
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Principal | ||||||||
Amount($) | Value($) | |||||||
Telecommunication Services—continued | ||||||||
Qwest Capital Funding, Inc., 7.750%, 02/15/31 | 1,339 | 1,426 | ||||||
Qwest Corp., 7.250%, 10/15/35, Callable 10/15/15 @ 101.94 | 4,315 | 4,380 | ||||||
Sable International Finance Ltd., 7.750%, 02/15/17, Callable 02/15/14 @ 103.88(b) | 2,975 | 3,124 | ||||||
Sprint Capital Corp., 6.875%, 11/15/28 | 11,095 | 10,235 | ||||||
Sprint Capital Corp., 8.750%, 03/15/32 | 8,280 | 8,808 | ||||||
Sprint Nextel Corp., 8.375%, 08/15/17(f) | 3,500 | 3,898 | ||||||
ViaSat, Inc., 8.875%, 09/15/16, Callable 09/15/12 @ 106.66 | 5,915 | 6,336 | ||||||
Virgin Media Finance PLC, 9.125%, 08/15/16, Callable 08/15/11 @ 104.56 | 500 | 530 | ||||||
West Corp., 8.625%, 10/01/18, Callable 10/01/14 @ 104.31(b)(f) | 2,690 | 2,831 | ||||||
Wind Acquisition Finance Holdings, PIK, 12.250%, 07/15/17, Callable 07/15/13 @ 106.12(b)(f) | 15,866 | 19,198 | ||||||
Wind Acquisition Finance SA, 7.250%, 02/15/18, Callable 11/15/13 @ 105.44(b) | 9,280 | 9,698 | ||||||
Wind Acquisition Finance SA, 11.750%, 07/15/17, Callable 07/15/13 @ 105.88(b) | 4,960 | 5,704 | ||||||
Windstream Corp., 7.500%, 04/01/23, Callable 04/01/16 @ 103.75(b) | 10,025 | 9,875 | ||||||
Windstream Corp., 7.750%, 10/15/20, Callable 10/15/15 @ 103.88 | 2,505 | 2,574 | ||||||
Windstream Corp., 8.125%, 09/01/18, Callable 09/01/14 @ 104.06 | 5,250 | 5,604 | ||||||
239,665 | ||||||||
Textiles (0.2%) | ||||||||
Mohawk Industries, Inc., 6.875%, 01/15/16 | 3,605 | 3,866 | ||||||
Transportation (2.4%) | ||||||||
Aircastle Ltd., 9.750%, 08/01/18, Callable 08/01/14 @ 104.88 | 3,200 | 3,544 | ||||||
AMGH Merger Sub, Inc., 9.250%, 11/01/18, Callable 11/01/14 @ 104.63(b) | 1,970 | 2,115 | ||||||
CHC Helicopter SA, 9.250%, 10/15/20, Callable 04/15/15 @ 104.63(b) | 17,875 | 18,411 | ||||||
Martin Midstream Partners LP, 8.875%, 04/01/18, Callable 04/01/14 @ 104.44 | 4,380 | 4,643 | ||||||
Navios Maritime Acquisition Corp. / Navios Acquisition Finance US Inc., 8.625%, 11/01/17, Callable 11/01/13 @ 104.31(f) | 1,035 | 1,071 | ||||||
Navios Maritime Holdings, Inc. / Navios Maritime Finance II US, Inc., 8.125%, 02/15/19, Callable 02/15/15 @ 104.06(b)(f) | 4,205 | 4,237 | ||||||
RailAmerica, Inc., 9.250%, 07/01/17, Callable 07/01/13 @ 104.63 | 4,382 | 4,848 | ||||||
Teekay Corp., 8.500%, 01/15/20 | 2,570 | 2,785 | ||||||
41,654 | ||||||||
Trucking & Leasing (0.9%) | ||||||||
Aviation Capital Group Corp., 6.750%, 04/06/21(b)(g) | 16,720 | 16,720 | ||||||
Total Corporate Bonds (Cost $1,486,265) | 1,607,973 | |||||||
Convertible Corporate Bond (0.0%) | ||||||||
Diversified Financial Services (0.0%) | ||||||||
Jefferies Group, Inc., 3.875%, 11/01/29, Callable 11/01/17 @ 100 | 575 | 597 | ||||||
Total Convertible Corporate Bond (Cost $575) | 597 | |||||||
121
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Principal | ||||||||
Amount($) | Value($) | |||||||
Preferred Stocks (0.2%) | ||||||||
Diversified Financial Services (0.2%) | ||||||||
Citigroup Capital XII, 8.500%, 03/30/40, Callable 03/30/15 @ 25(a) | 163 | 4,293 | ||||||
Total Preferred Stocks (Cost $4,076) | 4,293 | |||||||
Units (0.0%) | ||||||||
Commercial Services (0.0%) | ||||||||
Alion Science Technology Corp.*(k)(l) | 1,395 | — | ||||||
Total Units (Cost $93) | — | |||||||
Short-Term Investment (4.7%) | ||||||||
RidgeWorth Funds Securities Lending Joint Account(m) | 83,049,600 | 83,050 | ||||||
Total Short-Term Investment (Cost $83,050) | 83,050 | |||||||
Money Market Fund (5.9%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(n) | 103,045,845 | 103,046 | ||||||
Total Money Market Fund (Cost $103,046) | 103,046 | |||||||
Total Investments (Cost $1,689,450)(o) — 102.7% | 1,810,836 | |||||||
Liabilities in excess of other assets — (2.7)% | (47,605 | ) | ||||||
Net Assets — 100.0% | $ | 1,763,231 | ||||||
* | Non-income producing security. | |
(a) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. | |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 39.2% of net assets as of March 31, 2011. |
(c) | Security in default. |
(d) | Issuer has filed for bankruptcy. | |
(e) | The Fund’s adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. |
(f) | The security or a partial position of the security was on loan as of March 31, 2011. The total value of securities on loan as of March 31, 2011, in thousands, was $79,398. | |
(g) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. | |
(h) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. | |
(i) | Perpetual maturity. | |
(j) | Step bond. The rate shown is the rate in effect as of March 31, 2011. | |
(k) | Each unit consists of $1,000 principal amount of 12.000% senior secured notes due on November 1, 2014 and one warrant to purchase 1.9439 shares of common stock. | |
(l) | Valued at fair value using procedures approved by the Board. Fair valued securities held by the Fund represent, on a rounded basis, 0.0% of net assets as of March 31, 2011. | |
(m) | Purchased with cash collateral held from securities lending. The value of the collateral could include collateral held for securities that were sold on or before March 31, 2011 (See Notes to Financial Statements). | |
(n) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(o) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
MTN | — Medium Term Note | |
PIK | — Payment in-kind | |
ULC | — Unlimited Liability Company |
122
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Principal | ||||||||
Amount($) | Value($) | |||||||
Asset-Backed Securities (7.2%) | ||||||||
Automobiles (3.5%) | ||||||||
BMW Vehicle Lease Trust, Ser 2009-1, Cl A3, 2.910%, 03/15/12 | 1,534 | 1,541 | ||||||
Ford Credit Auto Owner Trust, Ser 2009-D, Cl A3, 2.170%, 10/15/13 | 1,206 | 1,219 | ||||||
Ford Credit Auto Owner Trust, Ser 2009-E, Cl A2, 0.800%, 03/15/12 | 540 | 540 | ||||||
Honda Auto Receivables Owner Trust, Ser 2009-3, Cl A3, 2.310%, 05/15/13 | 2,834 | 2,861 | ||||||
Honda Auto Receivables Owner Trust, Ser 2010-2, Cl A3, 1.340%, 03/18/14 | 2,170 | 2,185 | ||||||
Nissan Auto Lease Trust, Ser 2009-B, Cl A3, 2.070%, 01/15/15 | 2,233 | 2,243 | ||||||
World Omni Auto Receivables Trust, Ser 2011-A, Cl A3, 1.110%, 05/15/15 | 1,875 | 1,873 | ||||||
12,462 | ||||||||
Credit Card (3.7%) | ||||||||
American Express Credit Account Master Trust, Ser 2007-7, Cl A, 0.295%, 02/17/15(a) | 3,560 | 3,556 | ||||||
Chase Issuance Trust, Ser 2005-A2, Cl A2, 0.325%, 12/15/14(a) | 5,825 | 5,820 | ||||||
Discover Card Master Trust, Ser 2008-A4, Cl A4, 5.650%, 12/15/15 | 3,375 | 3,693 | ||||||
13,069 | ||||||||
Total Asset-Backed Securities (Cost $25,469) | 25,531 | |||||||
Collateralized Mortgage Obligations (20.9%) | ||||||||
Banc of America Commercial Mortgage, Inc., Ser 2004-1, Cl A4, 4.760%, 11/10/39 | 1,495 | 1,577 | ||||||
Banc of America Commercial Mortgage, Inc., Ser 2004-4, Cl A4, 4.502%, 07/10/42 | 824 | 830 | ||||||
Banc of America Commercial Mortgage, Inc., Ser 2005-2, Cl AM, 4.913%, 07/10/43(a) | 2,105 | 2,213 | ||||||
Citicorp Mortgage Securities, Inc., Ser 2005-5, Cl 2A3, 5.000%, 08/25/20 | 1,163 | 1,185 | ||||||
Citigroup Commercial Mortgage Trust, Ser 2004-C1, Cl A3, 5.251%, 04/15/40(a) | 2,932 | 3,038 | ||||||
Commercial Mortgage Asset Trust, Ser 1999-C1, Cl A4, 6.975%, 01/17/32(a) | 4,625 | 4,843 | ||||||
Commercial Mortgage Pass-Through Certificates, Ser 2001-J2A, Cl A2, 6.096%, 07/16/34(b) | 3,337 | 3,334 | ||||||
CS First Boston Mortgage Securities Corp., Ser 2004-1, Cl 4A1, 5.000%, 02/25/19 | 2,617 | 2,653 | ||||||
CS First Boston Mortgage Securities Corp., Ser 2004-C3, Cl A3, 4.302%, 07/15/36 | 301 | 301 | ||||||
CS First Boston Mortgage Securities Corp., Ser 2004-C5, Cl A3, 4.499%, 11/15/37 | 3,100 | 3,133 | ||||||
CS First Boston Mortgage Securities Corp., Ser 2005-C5, Cl AM, 5.100%, 08/15/38(a) | 2,095 | 2,190 | ||||||
FDIC Structured Sale Guaranteed Notes, Ser 2010-L2A, Cl A, 3.000%, 09/30/19(b) | 2,504 | 2,528 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2882, Cl UJ, 4.500%, 08/15/19 | 36 | 37 | ||||||
Federal National Mortgage Association, Ser 2009-37, Cl HA, 4.000%, 04/25/19 | 2,781 | 2,918 | ||||||
First Horizon Mortgage Pass-Through Trust, Ser 2004-AR4, Cl 2A1, 2.915%, 08/25/34(a) | 1,432 | 1,320 | ||||||
GE Capital Commercial Mortgage Corp., Ser 2004-C2, Cl A3, 4.641%, 03/10/40 | 1,570 | 1,617 | ||||||
GMAC Commercial Mortgage Securities, Inc., Ser 2003-C2, Cl A2, 5.471%, 05/10/40(a) | 5,555 | 5,936 | ||||||
Greenwich Capital Commercial Funding Corp., Ser 2005-GG3, Cl A2, 4.305%, 08/10/42 | 2,677 | 2,679 | ||||||
JPMorgan Chase Commercial Mortgage Securities, Ser 2005-LDP1, Cl A2, 4.625%, 03/15/46 | 1,972 | 1,997 | ||||||
LB Commercial Conduit Mortgage Trust, Ser 1998-C1, Cl D, 6.980%, 02/18/30 | 1,224 | 1,224 |
123
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Principal | ||||||||
Amount($) | Value($) | |||||||
Collateralized Mortgage Obligations—continued | ||||||||
LB-UBS Commercial Mortgage Trust, Ser 2004-C4, Cl A4, 5.388%, 06/15/29(a) | 4,575 | 4,902 | ||||||
LB-UBS Commercial Mortgage Trust, Ser 2005-C1, Cl A2, 4.310%, 02/15/30 | 740 | 741 | ||||||
MASTR Alternative Loans Trust, Ser 2004-5, Cl 4A1, 5.500%, 07/25/19 | 2,607 | 2,645 | ||||||
Merrill Lynch Mortgage Trust, Ser 2004-BPC1, Cl A3, 4.467%, 10/12/41(a) | 2,550 | 2,577 | ||||||
Merrill Lynch Mortgage Trust, Ser 2005-CIP1, Cl AM, 5.107%, 07/12/38 | 1,585 | 1,645 | ||||||
NCUA Guaranteed Notes, Ser 2010-C1, Cl A1, 1.600%, 10/29/20 | 1,277 | 1,245 | ||||||
Provident Funding Mortgage Loan Trust, Ser 2004-1, Cl 1A1, 2.722%, 04/25/34(a) | 845 | 830 | ||||||
Residential Funding Mortgage Securities I, Ser 2004-S3, Cl A1, 4.750%, 03/25/19 | 1,316 | 1,353 | ||||||
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C16, Cl A2, 4.380%, 10/15/41 | 3,942 | 3,970 | ||||||
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C22, Cl A4, 5.270%, 12/15/44(a) | 3,800 | 4,087 | ||||||
Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S12, Cl 2A, 4.750%, 11/25/18 | 1,077 | 1,110 | ||||||
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-16, Cl A12, 5.000%, 11/25/36 | 280 | 281 | ||||||
Wells Fargo Mortgage Backed Securities Trust, Ser 2007-16, Cl 1A1, 6.000%, 12/28/37 | 3,393 | 3,551 | ||||||
Total Collateralized Mortgage Obligations (Cost $74,310) | 74,490 | |||||||
Corporate Bonds (45.9%) | ||||||||
Auto Manufacturers (0.5%) | ||||||||
Daimler Finance North America LLC, 1.950%, 03/28/14(b) | 1,810 | 1,804 | ||||||
Auto Parts & Equipment (0.3%) | ||||||||
Hyundai Motor Manufacturing, 4.500%, 04/15/15(b) | 885 | 907 | ||||||
Banks (17.4%) | ||||||||
Bank of America Corp., 3.625%, 03/17/16, MTN | 860 | 848 | ||||||
Bank of America Corp., Ser L, 3.125%, 06/15/12 | 3,235 | 3,336 | ||||||
Bank of Montreal, 2.125%, 06/28/13 | 2,425 | 2,467 | ||||||
Bank of Nova Scotia, 2.250%, 01/22/13 | 2,155 | 2,200 | ||||||
Bank of Nova Scotia, 2.375%, 12/17/13 | 1,625 | 1,658 | ||||||
Barclays Bank PLC, 2.500%, 01/23/13 | 4,095 | 4,167 | ||||||
Barclays Bank PLC, 5.200%, 07/10/14 | 855 | 924 | ||||||
BB&T Corp., 5.700%, 04/30/14, MTN | 3,765 | 4,157 | ||||||
Capital One Financial Corp., 5.700%, 09/15/11, MTN | 2,290 | 2,341 | ||||||
Commonwealth Bank of Australia, 3.500%, 03/19/15(b) | 1,035 | 1,060 | ||||||
Credit Suisse New York, 5.500%, 05/01/14 | 3,250 | 3,562 | ||||||
European Investment Bank, 1.875%, 06/17/13 | 2,145 | 2,181 | ||||||
Fifth Third Bancorp, 3.625%, 01/25/16 | 745 | 744 | ||||||
Goldman Sachs Group, Inc. (The), 1.625%, 07/15/11 | 2,905 | 2,917 | ||||||
Goldman Sachs Group, Inc. (The), 3.700%, 08/01/15 | 1,735 | 1,748 | ||||||
KfW, 1.250%, 06/15/12 | 4,205 | 4,236 | ||||||
Morgan Stanley, 4.200%, 11/20/14 | 3,780 | 3,902 | ||||||
National City Bank, 6.200%, 12/15/11 | 5,347 | 5,549 | ||||||
PNC Funding Corp., 5.400%, 06/10/14 | 990 | 1,083 | ||||||
Societe Generale, 2.200%, 09/14/13(b) | 4,080 | 4,077 | ||||||
Wells Fargo & Co., 3.625%, 04/15/15 | 2,245 | 2,314 | ||||||
Westpac Banking Corp., 2.250%, 11/19/12 | 1,455 | 1,480 | ||||||
Westpac Banking Corp., 4.200%, 02/27/15 | 4,790 | 5,012 | ||||||
61,963 | ||||||||
124
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Principal | ||||||||
Amount($) | Value($) | |||||||
Beverages (0.9%) | ||||||||
Anheuser-Busch InBev Worldwide, Inc., 3.625%, 04/15/15 | 1,870 | 1,935 | ||||||
Dr Pepper Snapple Group, Inc., 2.350%, 12/21/12 | 1,300 | 1,325 | ||||||
3,260 | ||||||||
Chemicals (0.5%) | ||||||||
Dow Chemical Co. (The), 4.850%, 08/15/12 | 1,540 | 1,613 | ||||||
Diversified Financial Services (11.3%) | ||||||||
American Express Credit Corp., Ser C, 5.875%, 05/02/13, MTN | 2,000 | 2,159 | ||||||
American Honda Finance Corp., 4.625%, 04/02/13(b), MTN | 2,000 | 2,116 | ||||||
BlackRock, Inc., 2.250%, 12/10/12 | 2,685 | 2,736 | ||||||
Caterpillar Financial Services Corp., 5.750%, 02/15/12, MTN | 2,800 | 2,929 | ||||||
Caterpillar Financial Services Corp., 6.125%, 02/17/14, MTN | 2,325 | 2,619 | ||||||
Citigroup, Inc., 5.500%, 04/11/13 | 1,515 | 1,621 | ||||||
General Electric Capital Corp., 2.100%, 01/07/14 | 3,035 | 3,037 | ||||||
General Electric Capital Corp., 4.875%, 03/04/15, MTN | 3,855 | 4,156 | ||||||
Goldman Sachs Group, Inc. (The), 5.150%, 01/15/14 | 1,730 | 1,857 | ||||||
JPMorgan Chase & Co., 2.200%, 06/15/12 | 4,380 | 4,478 | ||||||
JPMorgan Chase & Co., 5.750%, 01/02/13 | 6,375 | 6,815 | ||||||
Merrill Lynch & Co., Inc., 6.150%, 04/25/13, MTN | 1,825 | 1,966 | ||||||
NASDAQ OMX Group, Inc. (The), 4.000%, 01/15/15 | 725 | 720 | ||||||
TD AMERITRADE Holding Corp., 4.150%, 12/01/14 | 995 | 1,036 | ||||||
Woodside Finance Ltd., 4.500%, 11/10/14(b) | 1,800 | 1,906 | ||||||
40,151 | ||||||||
Electric (1.0%) | ||||||||
Dominion Resources, Inc., Ser B, 6.250%, 06/30/12 | 1,385 | 1,470 | ||||||
Duke Energy Corp., 6.300%, 02/01/14 | 1,765 | 1,967 | ||||||
3,437 | ||||||||
Electronics (0.3%) | ||||||||
Thermo Fisher Scientific, Inc., 2.150%, 12/28/12 | 300 | 305 | ||||||
Thermo Fisher Scientific, Inc., 3.200%, 03/01/16 | 705 | 717 | ||||||
1,022 | ||||||||
Food (0.7%) | ||||||||
Kellogg Co., Ser B, 6.600%, 04/01/11 | 2,370 | 2,370 | ||||||
Kraft Foods, Inc., 5.625%, 11/01/11 | 131 | 135 | ||||||
2,505 | ||||||||
Insurance (2.2%) | ||||||||
MetLife Global Funding I, 2.500%, 09/29/15(b) | 2,735 | 2,664 | ||||||
MetLife, Inc., 2.375%, 02/06/14 | 1,535 | 1,537 | ||||||
New York Life Global Funding, 4.650%, 05/09/13(b) | 1,530 | 1,629 | ||||||
Prudential Financial, Inc., 5.150%, 01/15/13, MTN | 2,000 | 2,114 | ||||||
7,944 | ||||||||
Iron/Steel (0.2%) | ||||||||
ArcelorMittal, 3.750%, 03/01/16 | 740 | 739 | ||||||
Media (1.9%) | ||||||||
Comcast Corp., 5.300%, 01/15/14 | 1,915 | 2,085 | ||||||
DIRECTV Holdings LLC, 7.625%, 05/15/16, Callable 05/15/12 @ 103.81 | 1,940 | 2,139 | ||||||
Time Warner Cable, Inc., 5.400%, 07/02/12 | 1,870 | 1,966 | ||||||
Time Warner, Inc., 3.150%, 07/15/15 | 615 | 623 | ||||||
6,813 | ||||||||
Mining (0.6%) | ||||||||
Rio Tinto Finance USA Ltd., 8.950%, 05/01/14 | 1,755 | 2,111 | ||||||
Miscellaneous Manufacturer (0.3%) | ||||||||
Ingersoll-Rand Global Holding Co. Ltd., 6.000%, 08/15/13 | 985 | 1,085 | ||||||
Oil & Gas (1.1%) | ||||||||
Devon Financing Corp., ULC, 6.875%, 09/30/11 | 1,265 | 1,304 | ||||||
Total Capital SA, 3.000%, 06/24/15 | 2,420 | 2,470 | ||||||
3,774 | ||||||||
125
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Principal | ||||||||
Amount($) | Value($) | |||||||
Pharmaceuticals (1.0%) | ||||||||
Express Scripts, Inc., 6.250%, 06/15/14 | 1,684 | 1,871 | ||||||
McKesson Corp., 5.250%, 03/01/13 | 850 | 910 | ||||||
McKesson Corp., 6.500%, 02/15/14 | 850 | 953 | ||||||
3,734 | ||||||||
Pipelines (2.2%) | ||||||||
Energy Transfer Partners LP, 5.650%, 08/01/12 | 1,400 | 1,471 | ||||||
Enterprise Products Operating LLC, Ser G, 5.600%, 10/15/14 | 710 | 784 | ||||||
Enterprise Products Operating LLC, Ser M, 5.650%, 04/01/13 | 1,250 | 1,348 | ||||||
Kinder Morgan Energy Partners LP, 7.125%, 03/15/12 | 1,640 | 1,733 | ||||||
Plains All American Pipeline LP, 4.250%, 09/01/12 | 1,945 | 2,019 | ||||||
Williams Partners LP, 3.800%, 02/15/15 | 490 | 507 | ||||||
7,862 | ||||||||
Telecommunication Services (3.0%) | ||||||||
New Cingular Wireless Services, Inc., 8.125%, 05/01/12 | 4,185 | 4,504 | ||||||
Telefonica Emisiones S.A.U., 2.582%, 04/26/13 | 1,210 | 1,221 | ||||||
Telefonica Emisiones S.A.U., 5.855%, 02/04/13 | 1,880 | 2,004 | ||||||
Verizon Communications, Inc., 1.950%, 03/28/14 | 2,080 | 2,082 | ||||||
Verizon Communications, Inc., 3.000%, 04/01/16 | 845 | 841 | ||||||
10,652 | ||||||||
Toys/Games/Hobbies (0.5%) | ||||||||
Mattel, Inc., 5.625%, 03/15/13 | 1,550 | 1,658 | ||||||
Total Corporate Bonds (Cost $160,052) | 163,034 | |||||||
Municipal Bond (1.4%) | ||||||||
New Jersey (1.4%) | ||||||||
New Jersey Economic Development Authority, RB, BAB, 1.310%, 06/15/13(a) | 4,930 | 4,931 | ||||||
Total Municipal Bonds (Cost $4,930) | 4,931 | |||||||
U.S. Government Agencies (1.7%) | ||||||||
Federal National Mortgage Association (1.7%) | ||||||||
1.000%, 01/28/13 | 3,745 | 3,750 | ||||||
3.000%, 09/29/14 | 2,250 | 2,278 | ||||||
6,028 | ||||||||
Total U.S. Government Agencies (Cost $6,028) | 6,028 | |||||||
U.S. Government Agency Mortgages (12.7%) | ||||||||
Federal Home Loan Mortgage Corporation (1.5%) | ||||||||
Pool #847276, 2.670%, 04/01/34(a) | 602 | 632 | ||||||
Pool #1B7142, 6.101%, 09/01/36(a) | 1,245 | 1,310 | ||||||
Pool #1G1676, 5.494%, 04/01/37(a) | 3,104 | 3,315 | ||||||
5,257 | ||||||||
Federal National Mortgage Association (11.2%) | ||||||||
Pool #55162, 4.826%, 01/01/13 | 1,211 | 1,265 | ||||||
Pool #555290, 4.927%, 02/01/13 | 2,522 | 2,624 | ||||||
Pool #873294, 5.100%, 02/01/13 | 7,115 | 7,526 | ||||||
Pool #735065, 4.485%, 08/01/13 | 2,420 | 2,547 | ||||||
Pool #555910, 4.919%, 10/01/13 | 2,552 | 2,694 | ||||||
Pool #958368, 4.710%, 03/01/14 | 5,344 | 5,697 | ||||||
Pool #725877, 5.388%, 09/01/14 | 3,737 | 4,027 | ||||||
Pool #466534, 2.040%, 11/01/15 | 3,605 | 3,490 | ||||||
Pool #466598, 2.180%, 11/01/15 | 1,670 | 1,628 | ||||||
Pool #745889, 5.970%, 08/01/16 | 4,822 | 5,294 | ||||||
Pool #555844, 2.467%, 10/01/33(a) | 393 | 413 | ||||||
Pool #822302, 2.642%, 05/01/35(a) | 2,602 | 2,730 | ||||||
39,935 | ||||||||
Total U.S. Government Agency Mortgages (Cost $44,365) | 45,192 | |||||||
Money Market Fund (2.9%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(c) | 10,172,999 | 10,173 | ||||||
Total Money Market Fund (Cost $10,173) | 10,173 | |||||||
Commercial Paper (5.4%) | ||||||||
Bank of Nova Scotia, 0.160%, 04/01/11 | 1,000 | 1,000 | ||||||
BMW U.S. Capital LLC, 0.330%, 04/18/11 | 4,000 | 3,999 | ||||||
Kraft Foods, Inc., 0.380%, 05/10/11 | 1,500 | 1,499 | ||||||
Southern Co., 0.240%, 04/19/11 | 1,500 | 1,500 | ||||||
Straight A’s, 0.200%, 04/25/11 | 3,000 | 2,999 | ||||||
UnitedHealth Group Inc., 0.330%, 04/01/11 | 1,500 | 1,500 | ||||||
Verizon Communications, Inc., 0.340%, 04/12/11 | 3,623 | 3,623 |
126
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Principal | ||||||||
Amount($) | Value($) | |||||||
Commercial Paper—continued | ||||||||
Virginia Electric & Power Co., 0.330%, 04/14/11 | 3,100 | 3,100 | ||||||
Total Commercial Paper (Cost $19,220) | 19,220 | |||||||
Total Investments (Cost $344,547)(d) — 98.1% | 348,599 | |||||||
Other assets in excess of liabilities — 1.9% | 6,890 | |||||||
Net Assets — 100.0% | $ | 355,489 | ||||||
(a) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. | |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 6.2% of net assets as of March 31, 2011. |
(c) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(d) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
BAB | — Build America Bonds | |
MTN | — Medium Term Note | |
RB | — Revenue Bond | |
ULC | — Unlimited Liability Company |
Notional | Expiration | Unrealized | ||||||||||||||||||
Description | Position | Amount($) | Month | Contracts | Appreciation($) | |||||||||||||||
U.S. Treasury 5 Year Note | Short | (10,517 | ) | June 2011 | 90 | 6 | ||||||||||||||
127
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
U.S. Treasury Obligations (97.5%) | ||||||||
U.S. Treasury Notes (97.5%) | ||||||||
0.875%, 04/30/11 | 1,000 | 1,001 | ||||||
1.750%, 11/15/11 | 5,450 | 5,502 | ||||||
4.625%, 02/29/12 | 4,500 | 4,677 | ||||||
1.000%, 04/30/12 | 1,975 | 1,989 | ||||||
1.750%, 08/15/12 | 3,000 | 3,052 | ||||||
4.125%, 08/31/12 | 2,000 | 2,102 | ||||||
1.375%, 01/15/13 | 3,450 | 3,491 | ||||||
3.125%, 04/30/13 | 3,000 | 3,144 | ||||||
1.125%, 06/15/13 | 2,500 | 2,512 | ||||||
2.000%, 11/30/13 | 2,425 | 2,481 | ||||||
1.875%, 04/30/14 | 1,275 | 1,297 | ||||||
2.375%, 02/28/15 | 1,000 | 1,024 | ||||||
2.500%, 04/30/15 | 1,500 | 1,541 | ||||||
1.750%, 07/31/15 | 1,430 | 1,419 | ||||||
35,232 | ||||||||
Total U.S. Treasury Obligations (Cost $34,811) | 35,232 | |||||||
Money Market Fund (2.1%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(a) | 748,116 | 748 | ||||||
Total Money Market Fund (Cost $748) | 748 | |||||||
Total Investments (Cost $35,559)(b) — 99.6% | 35,980 | |||||||
Other assets in excess of liabilities — 0.4% | 156 | |||||||
Net Assets — 100.0% | $ | 36,136 | ||||||
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
128
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Asset-Backed Securities (1.3%) | ||||||||
Home Equity (0.7%) | ||||||||
HSBC Home Equity Loan Trust, Ser 2005-1, Cl M, 0.743%, 01/20/34(a) | 1,525 | 1,370 | ||||||
HSBC Home Equity Loan Trust, Ser 2006-2, Cl A1, 0.363%, 03/20/36(a) | 4,044 | 3,804 | ||||||
5,174 | ||||||||
Manufactured Housing (0.6%) | ||||||||
Newcastle Investment Trust, Ser 2010-MH1, Cl M1, 6.000%, 07/10/35(b) | 4,160 | 3,974 | ||||||
Total Asset-Backed Securities (Cost $9,308) | 9,148 | |||||||
Collateralized Mortgage Obligations (13.6%) | ||||||||
Americold LLC Trust, Ser 2010-ARTA, Cl A2FX, 4.954%, 01/14/29(b) | 2,662 | 2,707 | ||||||
Americold LLC Trust, Ser 2010-ARTA, Cl B, 6.031%, 01/14/29(b) | 2,260 | 2,407 | ||||||
Asset Securitization Corp., Ser 1997-D5, Cl A4, 7.182%, 02/14/43(a) | 4,532 | 4,838 | ||||||
Banc of America Commercial Mortgage, Inc., Ser 2005-3, Cl A3B, 5.090%, 07/10/43(a) | 3,902 | 4,039 | ||||||
Banc of America Commercial Mortgage, Inc., Ser 2005-6, Cl AM, 5.368%, 09/10/47(a) | 3,204 | 3,344 | ||||||
Bear Stearns Commercial Mortgage Securities, Ser 2005-PWR9, Cl A4A, 4.871%, 09/11/42 | 3,865 | 4,094 | ||||||
CS First Boston Mortgage Securities Corp., Ser 2005-C5, Cl A3, 5.100%, 08/15/38(a) | 4,070 | 4,230 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2708, Cl ZD, 5.500%, 11/15/33 | 808 | 863 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2825, Cl PZ, 5.500%, 07/15/34 | 2,063 | 2,175 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3768, Cl CB, 3.500%, 12/15/25 | 2,023 | 1,830 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3774, Cl EW, 3.500%, 12/15/25 | 2,244 | 2,052 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3800, Cl BE, 3.500%, 02/15/26 | 2,659 | 2,422 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3800, Cl CB, 3.500%, 02/15/26 | 2,382 | 2,172 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3806, Cl L, 3.500%, 02/15/26 | 6,609 | 5,970 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3816, Cl GL, 3.000%, 02/15/26 | 2,865 | 2,546 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3829, Cl BE, 3.500%, 03/15/26 | 3,173 | 2,874 | ||||||
Federal Home Loan Mortgage Corporation, Ser R008, Cl ZA, 6.000%, 07/15/36 | 1,592 | 1,755 | ||||||
Federal National Mortgage Association, Ser 2010-144, Cl YB, 3.000%, 12/25/25 | 4,464 | 3,969 | ||||||
Government National Mortgage Association, Ser 2003-85, Cl ZK, 5.500%, 10/20/33 | 2,238 | 2,414 | ||||||
Government National Mortgage Association, Ser 2008-20, Cl PZ, 6.000%, 03/20/38 | 1,711 | 1,911 | ||||||
Government National Mortgage Association, Ser 2011-17, Cl B, 4.000%, 02/16/26 | 900 | 872 | ||||||
JPMorgan Chase Commercial Mortgage Securities Corp., Ser 2006-LDP9, Cl A3, 5.336%, 05/15/47 | 2,632 | 2,756 | ||||||
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl A3, 5.610%, 11/15/30(a) | 2,664 | 2,782 | ||||||
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl AM, 5.263%, 11/15/40(a) | 2,563 | 2,654 | ||||||
LB-UBS Commercial Mortgage Trust, Ser 2006-C1, Cl A4, 5.156%, 02/15/31 | 4,221 | 4,513 | ||||||
Morgan Stanley Reremic Trust, Ser 2009-GG10, Cl A4A, 6.002%, 08/12/45(a)(b) | 5,859 | 6,330 | ||||||
OBP Depositor LLC Trust, Ser 2010-OBP, Cl A, 4.646%, 07/15/45(b) | 3,665 | 3,721 | ||||||
RBSCF Trust, Ser 2010-RR3, Cl MS4A, 4.970%, 04/16/40(a)(b) | 5,030 | 5,281 |
129
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Principal | ||||||||
Amount($) | Value($) | |||||||
Collateralized Mortgage Obligations—continued | ||||||||
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C20, Cl AMFX, 5.179%, 07/15/42(a) | 4,590 | 4,829 | ||||||
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C21, Cl AM, 5.377%, 10/15/44(a) | 3,142 | 3,359 | ||||||
Total Collateralized Mortgage Obligations (Cost $93,006) | 95,709 | |||||||
Bank Loans (6.5%) | ||||||||
Aerospace/Defense (0.1%) | ||||||||
AM General LLC, 3.246%, 09/28/12(a)(b) | 10 | 10 | ||||||
AM General LLC, 3.261%, 09/30/13(a)(b) | 189 | 177 | ||||||
DAE Aviation Holdings, Inc., 5.310%, 07/31/14(a)(b) | 112 | 112 | ||||||
DAE Aviation Holdings, Inc., 5.310%, 07/31/14(a)(b) | 117 | 117 | ||||||
Delos Aircraft, Inc., 7.000%, 03/17/16(a)(b) | 315 | 319 | ||||||
Sequa Corp., 3.560%, 12/03/14(a)(b) | 215 | 211 | ||||||
946 | ||||||||
Auto Manufacturers (0.1%) | ||||||||
Ford Motor Co., 3.010%, 12/16/13(a)(b) | 640 | 639 | ||||||
HHI Holdings LLC, 7.750%, 03/21/17(a)(b) | 135 | 135 | ||||||
Tenneco, Inc., 4.807%, 06/03/16(a)(b) | 124 | 124 | ||||||
898 | ||||||||
Auto Parts & Equipment (0.1%) | ||||||||
Allison Transmission, Inc., 3.010%, 08/07/14(a)(b) | 158 | 156 | ||||||
Pinafore LLC, 4.250%, 09/29/16(a)(b) | 463 | 464 | ||||||
620 | ||||||||
Banks (0.0%) | ||||||||
CIT Group, Inc., 6.250%, 08/11/15(a)(b) | 315 | 320 | ||||||
Building Materials (0.1%) | ||||||||
Armstrong World Industries, Inc., 4.000%, 03/09/18(a)(b) | 250 | 251 | ||||||
Building Materials Corp. of America, 3.000%, 02/24/14(a)(b) | 105 | 105 | ||||||
Goodman Global Holdings, Inc., 5.750%, 10/28/16(a)(b) | 144 | 145 | ||||||
501 | ||||||||
Chemicals (0.3%) | ||||||||
Chemtura Corp., 5.500%, 08/27/16(a)(b) | 105 | 106 | ||||||
Huntsman International LLC, 1.746%-1.804%, 04/21/14(a)(b) | 114 | 112 | ||||||
Huntsman International LLC, 2.746%-2.804%, 04/19/17(a)(b) | 311 | 308 | ||||||
INEOS U.S. Finance LLC, 7.501%, 12/16/13(a)(b) | 101 | 104 | ||||||
INEOS U.S. Finance LLC, 8.001%, 12/16/14(a)(b) | 107 | 111 | ||||||
MacDermid, Inc., 2.246%, 04/12/14(a)(b) | 210 | 207 | ||||||
Nalco Co., 4.500%, 10/05/17(a)(b) | 139 | 141 | ||||||
Nexeo Solutions LLC, 5.000%, 09/08/17(a)(b) | 230 | 230 | ||||||
Styron S.A.R.L LLC, 6.000%, 08/02/17(a)(b) | 244 | 246 | ||||||
Univar, Inc., 5.000%, 06/30/17(a)(b) | 399 | 400 | ||||||
1,965 | ||||||||
Commercial Services (0.2%) | ||||||||
Booz Allen Hamilton, Inc., 4.000%, 08/03/17(a)(b) | 45 | 45 | ||||||
Catalina Marketing Corp., 2.996%, 10/01/14(a)(b) | 139 | 138 | ||||||
Cengage Learning Acquisitions, Inc., 2.500%, 07/03/14(a)(b) | 466 | 446 | ||||||
Cenveo Corp., 6.250%, 12/14/16(a)(b) | 200 | 201 | ||||||
CoreLogic, Inc., 4.750%, 04/12/16(a)(b) | 208 | 209 | ||||||
Hertz Corp. (The), 3.750%, 03/09/18(a)(b) | 90 | 90 | ||||||
JMC Steel Group, Inc., 4.750%, 04/03/17(a)(b) | 50 | 50 | ||||||
Walter Industries, Inc., 3.000%, 04/02/18(a)(b) | 435 | 438 | ||||||
1,617 | ||||||||
Computers (0.0%) | ||||||||
Network Solutions LLC, 2.500%, 03/07/14(a)(b) | 62 | 61 | ||||||
130
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Consumer Discretionary (0.0%) | ||||||||
Collective Brands Finance, Inc., 3.004%, 08/18/14(a)(b) | 87 | 86 | ||||||
Consumer Staples (0.1%) | ||||||||
Pierre Foods, Inc., 7.000%-7.500%, 09/30/16(a)(b) | 164 | 165 | ||||||
Revlon Consumer Products Corp., 6.000%, 03/11/15(a)(b)(c) | 208 | 209 | ||||||
374 | ||||||||
Diversified Financial Services (0.6%) | ||||||||
Affinion Group, Inc., 5.000%, 10/10/16(a)(b) | 368 | 368 | ||||||
AGFS Funding Co., 7.250%, 04/21/15(a)(b) | 815 | 816 | ||||||
American Capital Holdings, Inc., 7.500%, 12/31/13(a)(b) | 123 | 123 | ||||||
BNY ConvergEx Group LLC, 5.250%, 12/16/16(a)(b) | 56 | 56 | ||||||
BNY ConvergEx Group LLC, 5.250%, 12/19/16(a)(b) | 134 | 134 | ||||||
CNO Financial Group, Inc., 7.500%, 09/30/16(a)(b) | 173 | 174 | ||||||
Fifth Third Processing Solutions LLC, 5.500%, 11/03/16(a)(b) | 209 | 210 | ||||||
First Data Corp., 3.002%, 09/24/14(a)(b)(c) | 344 | 329 | ||||||
Interactive Data Corp., 4.750%, 02/12/18(a)(b) | 215 | 215 | ||||||
International Lease Finance Corp., 6.750%, 03/17/15(a)(b) | 200 | 201 | ||||||
Microsemi Corp., 4.000%, 11/02/17(a)(b) | 209 | 211 | ||||||
Nielsen Finance LLC, 3.750%, 05/02/16(a)(b) | 413 | 413 | ||||||
Nuveen Investments, Inc., 3.304%-3.307%, 11/13/14(a)(b) | 108 | 104 | ||||||
Nuveen Investments, Inc., 5.804%, 05/12/17(a)(b) | 127 | 127 | ||||||
SunGard Data Systems, Inc., 3.912%, 02/26/16(a)(b) | 400 | 400 | ||||||
3,881 | ||||||||
Electric (0.3%) | ||||||||
Equipower Resources Holdings LLC, 5.750%, 01/26/18(a)(b) | 80 | 80 | ||||||
GenOn Energy, Inc., 6.000%, 09/08/17(a)(b) | 234 | 236 | ||||||
New Development Holdings, Inc., 4.500%, 04/02/18(a)(b) | 320 | 321 | ||||||
NRG Energy, Inc., 2.057%, 02/01/13(a)(b) | 306 | 304 | ||||||
NRG Energy, Inc., 2.057%, 02/01/13(a)(b) | 294 | 293 | ||||||
Texas Competitive Electric Holdings Co. LLC, 3.746%-3.803%, 10/10/14(a)(b) | 601 | 506 | ||||||
1,740 | ||||||||
Energy (0.1%) | ||||||||
Aquilex Holdings LLC, 6.000%, 04/01/16(a)(b) | 186 | 185 | ||||||
KGen LLC, 0.153%, 02/08/14(a)(b) | 104 | 103 | ||||||
KGen LLC, 2.000%, 02/10/14(a)(b) | 115 | 115 | ||||||
403 | ||||||||
Entertainment (0.2%) | ||||||||
Carmike Cinemas, Inc., 5.500%, 01/27/16(a)(b) | 52 | 52 | ||||||
Cinedigm Digital Funding I LLC, 5.250%, 04/29/16(a)(b) | 249 | 247 | ||||||
IMG Worldwide, Inc., 7.250%, 06/15/15(a)(b)(d) | 288 | 287 | ||||||
Live Nation Entertainment, Inc., 4.500%, 11/07/16(a)(b) | 104 | 105 | ||||||
Regal Cinemas, Inc., 3.557%, 08/23/17(a)(b) | 180 | 180 | ||||||
Universal City Development Partners Ltd., 5.500%, 11/06/14(a)(b) | 358 | 359 | ||||||
1,230 | ||||||||
Food (0.3%) | ||||||||
Dean Foods Co., 3.750%, 04/02/17(a)(b) | 358 | 355 | ||||||
Del Monte Foods Co., 4.500%, 03/08/18(a)(b) | 315 | 316 | ||||||
DineEquity, Inc., 4.250%, 10/19/17(a)(b) | 138 | 139 | ||||||
Dole Food Co., Inc., 5.000%-5.500%, 03/02/17(a)(b) | 74 | 75 | ||||||
Dole Food Co., Inc., 5.500%, 03/02/17(a)(b) | 30 | 30 | ||||||
Dunkin’ Brands, Inc., 4.250%-5.250%, 11/23/17(a)(b) | 354 | 356 | ||||||
Green Mountain Coffee Roasters, Inc., 5.500%, 12/16/16(a)(b) | 259 | 261 |
131
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Food—continued | ||||||||
Pinnacle Foods Holdings Corp., 2.761%, 04/02/14(a)(b) | 220 | 219 | ||||||
1,751 | ||||||||
Forest Products & Paper (0.0%) | ||||||||
Georgia-Pacific Corp., 2.307%-2.310%, 12/21/12(a)(b) | 301 | 300 | ||||||
Health Care (0.7%) | ||||||||
Ardent Medical Services, Inc., 6.500%, 09/15/15(a)(b) | 303 | 303 | ||||||
Axcan Pharma, Inc., 5.500%, 02/10/17(a)(b) | 224 | 224 | ||||||
Bausch & Lomb, Inc., 3.496%-3.557%, 04/24/15(a)(b) | 209 | 208 | ||||||
Biomet, Inc., 3.246%-3.308%, 03/25/15(a)(b) | 203 | 203 | ||||||
CareStream Health, Inc., 5.000%, 02/25/17(a)(b) | 505 | 495 | ||||||
Community Health Systems, Inc., 2.561%, 07/25/14(a)(b) | 289 | 286 | ||||||
Community Health Systems, Inc., 3.811%, 01/25/17(a)(b) | 138 | 138 | ||||||
CRC Health Corp., 4.807%, 11/16/15(a)(b) | 230 | 226 | ||||||
DaVita, Inc., 4.500%, 10/20/16(a)(b) | 185 | 185 | ||||||
Gentiva Health Services, Inc., 4.750%, 08/15/16(a)(b) | 138 | 139 | ||||||
Grifols, Inc., 4.250%, 11/23/16(a)(b)(c) | 235 | 236 | ||||||
HCA, Inc., 1.557%, 11/19/12(a)(b) | 830 | 825 | ||||||
Health Management Associates, Inc., 2.057%, 02/28/14(a)(b) | 208 | 206 | ||||||
IASIS Healthcare LLC, 2.246%, 03/14/14(a)(b) | 195 | 192 | ||||||
IASIS Healthcare LLC, 2.248%, 03/14/14(a)(b) | 14 | 14 | ||||||
MedAssets, Inc., 5.250%-6.000%, 11/16/16(a)(b) | 130 | 130 | ||||||
MultiPlan, Inc., 4.750%, 08/26/17(a)(b) | 212 | 212 | ||||||
Mylan Laboratories, Inc., 3.563%, 10/02/14(a)(b) | 36 | 36 | ||||||
Universal Health Services, Inc., 4.000%, 11/15/16(a)(b) | 193 | 194 | ||||||
Vanguard Health Holding Co. II LLC, 5.000%, 01/29/16(a)(b) | 214 | 214 | ||||||
Warner Chilcott Co., LLC, 4.250%, 03/14/18(a)(b) | 98 | 99 | ||||||
Warner Chilcott Corp., 4.250%, 03/14/18(a)(b) | 197 | 198 | ||||||
WC LUXO S.A.R.L., 4.250%, 03/14/18(a)(b) | 135 | 136 | ||||||
5,099 | ||||||||
Industrials (0.0%) | ||||||||
Bucyrus International, Inc., 4.250%, 02/19/16(a)(b) | 274 | 274 | ||||||
Information Technology (0.2%) | ||||||||
Aspect Software, Inc., 6.250%, 04/19/16(a)(b) | 139 | 140 | ||||||
CDWC LLC, 4.500%, 07/14/17(a)(b) | 184 | 184 | ||||||
Ceridian Corp., 3.248%, 11/10/14(a)(b) | 120 | 116 | ||||||
Fidelity National Information Services, Inc., 5.250%, 07/18/16(a)(b) | 154 | 155 | ||||||
Flextronics International Ltd., 2.511%, 10/01/12(a)(b) | 412 | 409 | ||||||
Savvis Communications Corp., 6.750%, 08/04/16(a)(b) | 428 | 430 | ||||||
1,434 | ||||||||
Insurance (0.0%) | ||||||||
Sedgwick CMS Holdings, Inc., 5.000%, 12/30/16(a)(b) | 210 | 210 | ||||||
Leisure Time (0.0%) | ||||||||
Clubcorp Operations, Inc., 6.000%, 11/09/16(a)(b) | 314 | 316 | ||||||
Lodging (0.2%) | ||||||||
Las Vegas Sands LLC, 2.750%, 11/23/16(a)(b)(c) | 415 | 405 | ||||||
MGM Mirage, 0.500%-7.000%, 02/21/14(a)(b) | 415 | 408 | ||||||
VML U.S. Finance LLC, 4.790%, 05/25/12(a)(b) | 78 | 78 | ||||||
VML U.S. Finance LLC, 4.790%, 05/27/13(a)(b) | 135 | 135 | ||||||
1,026 | ||||||||
Machinery Diversified (0.0%) | ||||||||
Manitowoc Co., Inc. (The), 5.313%, 11/06/13(a)(b) | 110 | 111 | ||||||
Veyance Technologies, Inc., 2.750%, 07/31/14(a)(b) | 15 | 14 | ||||||
Veyance Technologies, Inc., 2.750%, 07/31/14(a)(b) | 104 | 96 | ||||||
221 | ||||||||
132
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Media (0.6%) | ||||||||
Charter Communications Operating LLC, 2.250%, 03/06/14(a)(b) | 515 | 513 | ||||||
Citadel Broadcasting Corp., 4.250%, 12/30/16(a)(b) | 79 | 79 | ||||||
FoxCo Acquisition Sub LLC, 4.750%, 07/14/15(a)(b) | 95 | 95 | ||||||
Getty Images, Inc., 5.250%, 11/07/16(a)(b) | 109 | 110 | ||||||
Gray Television, Inc., 3.760%, 12/31/14(a)(b) | 479 | 474 | ||||||
Insight Midwest LP, 2.010%-2.050%, 04/07/14(a)(b) | 415 | 410 | ||||||
Mediacom Broadband LLC, 4.500%, 10/23/17(a)(b) | 437 | 433 | ||||||
Springboard Finance LLC, 7.000%, 02/23/15(a)(b) | 346 | 347 | ||||||
Syniverse Technologies, Inc., 5.250%, 12/21/17(a)(b) | 224 | 225 | ||||||
Telesat Canada, 3.250%, 10/31/14(a)(b) | 34 | 34 | ||||||
Telesat Canada, 3.250%, 10/31/14(a)(b) | 398 | 396 | ||||||
Univision Communications, Inc., 4.496%, 03/31/17(a)(b) | 417 | 406 | ||||||
Village Roadshow Ltd., 5.500%, 05/27/15(a)(b)(d) | 620 | 622 | ||||||
Weather Channel Interactive, Inc. (The), 4.250%, 02/13/17(a)(b) | 110 | 111 | ||||||
4,255 | ||||||||
Mining (0.1%) | ||||||||
Fairmount Minerals Ltd., 5.250%, 03/01/17(a)(b) | 150 | 150 | ||||||
Novelis, Inc., 4.000%, 03/10/17(a)(b) | 549 | 549 | ||||||
699 | ||||||||
Miscellaneous Manufacturer (0.0%) | ||||||||
Clarke American Corp., 2.746%-2.807%, 06/30/14(a)(b) | 227 | 216 | ||||||
Oil & Gas (0.4%) | ||||||||
CITGO Petroleum Corp., 8.000%, 06/24/15(a)(b) | 317 | 328 | ||||||
MEG Energy Corp., 4.000%, 03/16/18(a)(b) | 755 | 760 | ||||||
Obsidian Natural Gas Trust, 7.000%, 11/02/15(a)(b) | 1,023 | 1,036 | ||||||
TPF Generation Holdings LLC, 2.207%, 12/15/11(a)(b)(c) | 27 | 27 | ||||||
TPF Generation Holdings LLC, 2.207%, 12/13/13(a)(b)(c) | 87 | 86 | ||||||
TPF Generation Holdings LLC, 2.307%, 12/15/13(a)(b)(c) | 186 | 184 | ||||||
Western Refining, Inc., 7.500%, 03/15/17(b) | 395 | 397 | ||||||
2,818 | ||||||||
Packaging & Containers (0.1%) | ||||||||
Graphic Packaging Holding Co., 3.053%, 05/16/14(a)(b) | 386 | 384 | ||||||
Reynolds Group Holdings, Inc., 4.250%, 02/09/18(a)(b) | 400 | 402 | ||||||
786 | ||||||||
Real Estate (0.4%) | ||||||||
CB Richard Ellis Services, Inc., 1.625%, 03/05/18(a)(b) | 505 | 503 | ||||||
CB Richard Ellis Services, Inc., 1.750%, 09/04/19(a)(b) | 505 | 504 | ||||||
CB Richard Ellis Services, Inc., 3.508%-5.500%, 11/06/16(a)(b) | 164 | 164 | ||||||
Istar Financial, Inc., 5.000%, 06/28/13(a)(b) | 1,005 | 995 | ||||||
Istar Financial, Inc., 7.000%, 06/30/14(a)(b) | 290 | 290 | ||||||
2,456 | ||||||||
Retail (0.6%) | ||||||||
Burlington Coat Factory Warehouse Corp., 6.250%, 02/18/17(a)(b) | 175 | 173 | ||||||
Capital Automotive LP, 5.000%, 03/10/17(a)(b) | 849 | 840 | ||||||
Dollar General Corp., 2.996%, 07/07/14(a)(b) | 415 | 415 | ||||||
Gymboree Corp., 5.000%-5.750%, 02/23/18(a)(b) | 190 | 189 | ||||||
J Crew Operating Corp., 4.750%, 03/07/18(a)(b) | 225 | 224 | ||||||
Leslie’s Poolmart, Inc., 4.500%, 11/21/16(a)(b) | 249 | 250 | ||||||
Michaels Stores, Inc., 4.813%-4.875%, 07/31/16(a)(b) | 199 | 200 | ||||||
NBTY, Inc., 4.250%, 10/02/17(a)(b) | 354 | 355 | ||||||
Neiman Marcus Group, Inc. (The), 2.310%, 04/05/13(a)(b) | 207 | 206 | ||||||
PETCO Animal Supplies, Inc., 4.500%, 11/24/17(a)(b) | 396 | 397 | ||||||
Pilot Travel Centers LLC, 4.250%, 03/30/18(a)(b) | 400 | 401 |
133
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Retail—continued | ||||||||
Sports Authority, Inc., 7.500%, 10/26/17(a)(b) | 214 | 212 | ||||||
SUPERVALU, Inc., 1.621%, 06/01/12(a)(b) | 218 | 216 | ||||||
4,078 | ||||||||
Semiconductors (0.0%) | ||||||||
Freescale Semiconductor, Inc., 4.511%, 12/01/16(a)(b) | 233 | 232 | ||||||
Telecommunication Services (0.6%) | ||||||||
Airvana, Inc., 8.000%, 08/27/14(a)(b)(c) | 225 | 225 | ||||||
Asurion Corp., 3.258%, 07/03/14(a)(b) | 208 | 206 | ||||||
Atlantic Broadband Finance LLC, 4.000%, 03/08/16(a)(b) | 136 | 136 | ||||||
Avaya, Inc., 3.061%, 10/24/14(a)(b) | 168 | 163 | ||||||
Avaya, Inc., 4.811%, 10/26/17(a)(b)(c) | 338 | 330 | ||||||
BBHI Acquisition LLC, 4.500%, 12/14/17(a)(b) | 209 | 210 | ||||||
Bragg Communications, Inc., 2.811%, 08/31/14(a)(b) | 209 | 206 | ||||||
Cequel Communications LLC, 2.260%, 11/05/13(a)(b) | 109 | 109 | ||||||
Consolidated Communications, Inc., 2.750%, 12/31/14(a)(b) | 110 | 108 | ||||||
Integra Telecom, Inc., 9.250%, 04/15/15(a)(b) | 303 | 304 | ||||||
Intelsat Jackson Holdings SA, 5.250%, 04/02/18(a)(b) | 875 | 880 | ||||||
Level 3 Communications, Inc., 2.553%, 03/13/14(a)(b) | 220 | 213 | ||||||
MetroPCS Wireless, Inc., 4.071%, 11/04/13(a)(b) | 427 | 426 | ||||||
Telcordia Technologies, Inc., 6.750%, 04/09/16(a)(b) | 402 | 401 | ||||||
UPC Financing Partnership, 3.761%, 12/30/16(a)(b) | 102 | 102 | ||||||
Vonage Holdings Corp., 9.750%-10.250%, 12/08/15(a)(b) | 157 | 157 | ||||||
West Corp., 2.678%-2.832%, 10/24/13(a)(b) | 158 | 158 | ||||||
4,334 | ||||||||
Telecommunications (0.0%) | ||||||||
CommScope, Inc., 5.000%, 01/14/18(a)(b) | 100 | 101 | ||||||
Transportation (0.1%) | ||||||||
Ozburn-Hessey Holding Company LLC, 7.500%, 04/08/16(a)(b) | 417 | 420 | ||||||
Total Bank Loans (Cost $44,937) | 45,668 | |||||||
Corporate Bonds (27.0%) | ||||||||
Aerospace/Defense (0.6%) | ||||||||
Boeing Co. (The), 5.125%, 02/15/13 | 1,339 | 1,437 | ||||||
United Technologies Corp., 6.125%, 02/01/19 | 2,450 | 2,858 | ||||||
4,295 | ||||||||
Airlines (0.1%) | ||||||||
American Airlines, Inc., Pass Through Trust, Ser 2011-1, Cl A, 5.250%, 01/31/21 | 650 | 631 | ||||||
Continental Airlines, Inc., Pass Through Trust, Ser 2010-1, Cl A, 4.750%, 01/12/21 | 76 | 74 | ||||||
705 | ||||||||
Auto Manufacturers (0.2%) | ||||||||
PACCAR, Inc., 6.375%, 02/15/12 | 1,267 | 1,326 | ||||||
Banks (2.5%) | ||||||||
Bank of Nova Scotia, 2.375%, 12/17/13 | 1,219 | 1,244 | ||||||
Bank of Nova Scotia, 3.400%, 01/22/15 | 1,369 | 1,416 | ||||||
Credit Suisse (USA), Inc., 5.300%, 08/13/19 | 1,888 | 1,985 | ||||||
Goldman Sachs Group, Inc. (The), 6.250%, 02/01/41 | 1,223 | 1,218 | ||||||
HSBC Bank PLC, 3.500%, 06/28/15(b) | 1,402 | 1,420 | ||||||
JPMorgan Chase & Co., 4.400%, 07/22/20 | 2,001 | 1,934 | ||||||
JPMorgan Chase & Co., 6.300%, 04/23/19 | 2,768 | 3,064 | ||||||
Morgan Stanley, 7.300%, 05/13/19 | 1,676 | 1,885 | ||||||
Morgan Stanley, Ser F, 6.625%, 04/01/18 | 1,604 | 1,763 | ||||||
Northern Trust Corp., 5.200%, 11/09/12 | 1,783 | 1,907 | ||||||
17,836 | ||||||||
134
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Beverages (0.6%) | ||||||||
Anheuser-Busch InBev Worldwide, Inc., 3.000%, 10/15/12 | 1,896 | 1,950 | ||||||
Diageo Capital PLC, 5.200%, 01/30/13 | 898 | 963 | ||||||
SABMiller PLC, 6.200%, 07/01/11(b) | 1,636 | 1,657 | ||||||
4,570 | ||||||||
Biotechnology (0.1%) | ||||||||
Life Technologies Corp., 5.000%, 01/15/21, Callable 10/15/20 @ 100 | 477 | 477 | ||||||
Chemicals (1.2%) | ||||||||
Air Products & Chemicals, Inc., 4.150%, 02/01/13 | 864 | 900 | ||||||
E.I. du Pont de Nemours & Co., 4.250%, 04/01/21 | 905 | 896 | ||||||
E.I. du Pont de Nemours & Co., 5.000%, 07/15/13 | 1,288 | 1,390 | ||||||
Praxair, Inc., 1.750%, 11/15/12 | 3,223 | 3,263 | ||||||
Praxair, Inc., 4.625%, 03/30/15 | 1,757 | 1,902 | ||||||
8,351 | ||||||||
Computers (0.6%) | ||||||||
Hewlett-Packard Co., 4.500%, 03/01/13 | 694 | 739 | ||||||
IBM Corp., 7.625%, 10/15/18 | 2,857 | 3,576 | ||||||
4,315 | ||||||||
Diversified Financial Services (2.7%) | ||||||||
CME Group, Inc., 5.400%, 08/01/13 | 1,340 | 1,459 | ||||||
CME Group, Inc., 5.750%, 02/15/14 | 1,179 | 1,305 | ||||||
ERAC USA Finance LLC, 5.250%, 10/01/20(b) | 1,317 | 1,356 | ||||||
ERAC USA Finance LLC, 5.600%, 05/01/15(b) | 1,066 | 1,160 | ||||||
ERAC USA Finance LLC, 5.800%, 10/15/12(b) | 1,428 | 1,518 | ||||||
Jefferies Group, Inc., 8.500%, 07/15/19 | 1,714 | 2,022 | ||||||
Lazard Group LLC, 7.125%, 05/15/15 | 1,940 | 2,131 | ||||||
MassMutual Global Funding LLC, 2.300%, 09/28/15(b) | 1,174 | 1,136 | ||||||
NASDAQ OMX Group, Inc. (The), 5.550%, 01/15/20 | 1,402 | 1,373 | ||||||
TIAA Global Markets, Inc., 5.125%, 10/10/12(b) | 1,572 | 1,665 | ||||||
Toyota Motor Credit Corp., 3.200%, 06/17/15, MTN | 940 | 956 | ||||||
Woodside Finance Ltd., 8.750%, 03/01/19(b) | 2,305 | 2,871 | ||||||
18,952 | ||||||||
Electric (1.9%) | ||||||||
Alabama Power Co., 5.800%, 11/15/13 | 1,115 | 1,236 | ||||||
Duke Energy Carolinas LLC, Ser C, 7.000%, 11/15/18 | 449 | 538 | ||||||
E.ON International Finance BV, 5.800%, 04/30/18(b) | 2,959 | 3,291 | ||||||
Exelon Generation Co. LLC, 6.200%, 10/01/17 | 1,297 | 1,437 | ||||||
Georgia Power Co., 6.000%, 11/01/13 | 767 | 852 | ||||||
MidAmerican Energy Holdings Co., 6.125%, 04/01/36 | 1,149 | 1,219 | ||||||
Pacific Gas & Electric Co., 3.500%, 10/01/20 | 354 | 328 | ||||||
Pacific Gas & Electric Co., 6.050%, 03/01/34 | 1,326 | 1,382 | ||||||
Public Service Co. of Colorado, Ser 17, 6.250%, 09/01/37 | 730 | 820 | ||||||
Southern California Edison Co., 5.750%, 03/15/14 | 1,180 | 1,311 | ||||||
Wisconsin Power & Light Co., 6.375%, 08/15/37 | 700 | 799 | ||||||
13,213 | ||||||||
Food (0.7%) | ||||||||
Kellogg Co., 4.250%, 03/06/13 | 1,045 | 1,102 | ||||||
Kraft Foods, Inc., 6.500%, 02/09/40 | 1,023 | 1,093 | ||||||
Kroger Co. (The), 7.500%, 01/15/14 | 739 | 841 | ||||||
Tesco PLC, 5.500%, 11/15/17(b) | 1,848 | 2,049 | ||||||
5,085 | ||||||||
Healthcare — Products (0.3%) | ||||||||
Becton Dickinson and Co., 3.250%, 11/12/20 | 555 | 518 | ||||||
Covidien International Finance SA, 6.000%, 10/15/17 | 1,406 | 1,602 | ||||||
2,120 | ||||||||
Healthcare — Services (0.3%) | ||||||||
Roche Holdings, Inc., 7.000%, 03/01/39(b) | 2,019 | 2,458 | ||||||
Household Products/Wares (0.1%) | ||||||||
Kimberly-Clark Corp., 3.625%, 08/01/20 | 764 | 750 | ||||||
135
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Insurance (1.4%) | ||||||||
Berkshire Hathaway, Inc., 3.200%, 02/11/15 | 2,468 | 2,540 | ||||||
Berkshire Hathaway, Inc., 4.600%, 05/15/13 | 1,570 | 1,677 | ||||||
Nationwide Financial Services, Inc., 5.375%, 03/25/21(b) | 2,410 | 2,387 | ||||||
OneBeacon U.S. Holdings, Inc., 5.875%, 05/15/13 | 1,968 | 2,116 | ||||||
Teachers Insurance & Annuity Association of America, 6.850%, 12/16/39(b) | 1,028 | 1,159 | ||||||
9,879 | ||||||||
Media (1.1%) | ||||||||
Comcast Corp., 6.450%, 03/15/37 | 730 | 748 | ||||||
NBC Universal, Inc., 5.950%, 04/01/41(b) | 1,234 | 1,182 | ||||||
Thomson Reuters Corp., 5.950%, 07/15/13 | 320 | 352 | ||||||
Time Warner Cable, Inc., 5.850%, 05/01/17 | 3,052 | 3,338 | ||||||
Time Warner Cable, Inc., 8.250%, 02/14/14 | 1,190 | 1,384 | ||||||
Time Warner, Inc., 6.200%, 03/15/40 | 439 | 435 | ||||||
7,439 | ||||||||
Mining (0.7%) | ||||||||
Barrick Gold Corp., 6.950%, 04/01/19 | 494 | 591 | ||||||
Barrick International Barbados Corp., 6.350%, 10/15/36(b) | 975 | 1,028 | ||||||
Barrick PD Australia Finance Property Ltd., 5.950%, 10/15/39 | 1,096 | 1,130 | ||||||
Newmont Mining Corp., 6.250%, 10/01/39 | 1,974 | 2,093 | ||||||
4,842 | ||||||||
Miscellaneous Manufacturer (1.1%) | ||||||||
General Electric Co., 5.000%, 02/01/13 | 3,307 | 3,523 | ||||||
General Electric Co., 5.250%, 12/06/17 | 894 | 974 | ||||||
Illinois Tool Works, Inc., 6.250%, 04/01/19 | 1,865 | 2,156 | ||||||
Siemens Financieringsmat, 6.125%, 08/17/26(b) | 982 | 1,107 | ||||||
7,760 | ||||||||
Office/Business Equip (0.3%) | ||||||||
Xerox Corp., 5.500%, 05/15/12 | 915 | 957 | ||||||
Xerox Corp., 6.350%, 05/15/18 | 1,280 | 1,448 | ||||||
2,405 | ||||||||
Oil & Gas (1.0%) | ||||||||
Ensco PLC, 4.700%, 03/15/21 | 1,509 | 1,498 | ||||||
Pride International, Inc., 6.875%, 08/15/20 | 585 | 663 | ||||||
Shell International Finance BV, 6.375%, 12/15/38 | 3,265 | 3,690 | ||||||
Total Capital SA, 3.000%, 06/24/15 | 938 | 957 | ||||||
6,808 | ||||||||
Oil & Gas Services (0.5%) | ||||||||
Baker Hughes, Inc., 5.125%, 09/15/40 | 1,199 | 1,137 | ||||||
Weatherford International Ltd., 6.500%, 08/01/36 | 927 | 927 | ||||||
Weatherford International Ltd., 9.625%, 03/01/19 | 978 | 1,246 | ||||||
3,310 | ||||||||
Pharmaceuticals (1.7%) | ||||||||
Abbott Laboratories, 5.600%, 11/30/17 | 2,376 | 2,687 | ||||||
Express Scripts, Inc., 5.250%, 06/15/12 | 1,728 | 1,811 | ||||||
GlaxoSmithKline Capital, Inc., 5.650%, 05/15/18 | 1,548 | 1,740 | ||||||
Merck & Co., Inc., 6.550%, 09/15/37 | 1,058 | 1,250 | ||||||
Novartis Securities Investment Ltd., 5.125%, 02/10/19 | 836 | 905 | ||||||
Sanofi-Aventis SA, 4.000%, 03/29/21 | 2,123 | 2,088 | ||||||
Teva Pharmaceutical Finance Co. LLC, 6.150%, 02/01/36 | 596 | 650 | ||||||
Teva Pharmaceutical Finance II BV/III LLC, 3.000%, 06/15/15 | 1,003 | 1,013 | ||||||
12,144 | ||||||||
Pipelines (1.6%) | ||||||||
El Paso Natural Gas Co., 5.950%, 04/15/17 | 527 | 580 | ||||||
Energy Transfer Partners LP, 7.500%, 07/01/38 | 898 | 1,039 | ||||||
Energy Transfer Partners LP, 9.000%, 04/15/19 | 1,511 | 1,909 | ||||||
Enterprise Products Operating LLC, 5.250%, 01/31/20 | 2,358 | 2,447 |
136
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Pipelines—continued | ||||||||
Enterprise Products Operating LLC, Ser J, 5.750%, 03/01/35 | 883 | 846 | ||||||
Rockies Express Pipeline LLC, 6.850%, 07/15/18(b) | 1,028 | 1,120 | ||||||
Southern Natural Gas Co., 5.900%, 04/01/17(b) | 369 | 411 | ||||||
TransCanada PipeLines Ltd., 6.100%, 06/01/40 | 1,162 | 1,219 | ||||||
Transcontinental Gas Pipe Line Co. LLC, 6.050%, 06/15/18 | 365 | 411 | ||||||
Williams Partners LP, 4.125%, 11/15/20, Callable 08/15/20 @ 100 | 1,585 | 1,509 | ||||||
11,491 | ||||||||
Real Estate Investment Trusts (1.0%) | ||||||||
BioMed Realty LP, 3.850%, 04/15/16 | 978 | 968 | ||||||
Digital Realty Trust LP, 4.500%, 07/15/15 | 2,779 | 2,854 | ||||||
Digital Realty Trust LP, 5.875%, 02/01/20 | 600 | 626 | ||||||
Healthcare Realty Trust, Inc., 6.500%, 01/17/17 | 2,448 | 2,698 | ||||||
7,146 | ||||||||
Retail (1.3%) | ||||||||
Family Dollar Stores, Inc., 5.000%, 02/01/21 | 730 | 717 | ||||||
Wal-Mart Stores, Inc., 5.250%, 09/01/35 | 398 | 389 | ||||||
Wal-Mart Stores, Inc., 6.500%, 08/15/37 | 4,261 | 4,850 | ||||||
Walgreen Co., 4.875%, 08/01/13 | 969 | 1,050 | ||||||
Wesfarmers Ltd., 6.998%, 04/10/13(b) | 1,821 | 2,007 | ||||||
9,013 | ||||||||
Semiconductors (0.1%) | ||||||||
Analog Devices Inc., 3.000%, 04/15/16 | 394 | 392 | ||||||
Software (0.3%) | ||||||||
Oracle Corp., 5.750%, 04/15/18 | 1,974 | 2,210 | ||||||
Telecommunication Services (2.4%) | ||||||||
AT&T, Inc., 4.950%, 01/15/13 | 1,489 | 1,586 | ||||||
AT&T, Inc., 5.100%, 09/15/14 | 1,494 | 1,634 | ||||||
AT&T, Inc., 6.450%, 06/15/34 | 735 | 757 | ||||||
CC Holdings GS V LLC/Crown Castle GS III Corp., 7.750%, 05/01/17, Callable 05/01/13 @ 103.88(b) | 1,395 | 1,520 | ||||||
Cellco Partnership/Verizon Wireless Capital LLC, 5.550%, 02/01/14 | 854 | 938 | ||||||
Cisco Systems, Inc., 4.450%, 01/15/20 | 509 | 522 | ||||||
Cisco Systems, Inc., 5.500%, 02/22/16 | 1,222 | 1,372 | ||||||
Cisco Systems, Inc., 5.500%, 01/15/40 | 2,118 | 2,079 | ||||||
Rogers Communications, Inc., 7.500%, 03/15/15 | 1,023 | 1,207 | ||||||
Verizon Communications, Inc., 5.250%, 04/15/13 | 1,073 | 1,156 | ||||||
Verizon Communications, Inc., 5.550%, 02/15/16 | 1,275 | 1,416 | ||||||
Vodafone Group PLC, 5.500%, 06/15/11 | 2,459 | 2,483 | ||||||
16,670 | ||||||||
Transportation (0.1%) | ||||||||
United Parcel Service, Inc., 3.125%, 01/15/21 | 930 | 862 | ||||||
Trucking & Leasing (0.3%) | ||||||||
Aviation Capital Group, 7.125%, 10/15/20(b) | 1,706 | 1,780 | ||||||
Aviation Capital Group Corp., 6.750%, 04/06/21(b)(c) | 661 | 661 | ||||||
2,441 | ||||||||
Water (0.2%) | ||||||||
Veolia Environment SA, 6.000%, 06/01/18 | 1,398 | 1,555 | ||||||
Total Corporate Bonds (Cost $178,337) | 190,820 | |||||||
U.S. Government Agency Mortgages (39.7%) | ||||||||
Federal Home Loan Mortgage Corporation (1.0%) | ||||||||
Pool #G03604, 5.500%, 01/01/38 | 4,365 | 4,674 | ||||||
Pool #G04337, 5.500%, 04/01/38 | 2,008 | 2,147 | ||||||
6,821 | ||||||||
Federal National Mortgage Association (37.6%) | ||||||||
Pool #466766, 3.880%, 12/01/20 | 4,604 | 4,528 | ||||||
Pool #AH3426, 3.000%, 01/01/26 | 11,239 | 10,975 | ||||||
Pool #AE0876, 3.000%, 02/01/26 | 12,023 | 11,729 | ||||||
Pool #725773, 5.500%, 09/01/34 | 18,032 | 19,394 | ||||||
Pool #735500, 5.500%, 05/01/35, TBA(c) | 5,346 | 5,745 | ||||||
Pool #735578, 5.000%, 06/01/35 | 7,009 | 7,377 |
137
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Principal | ||||||||
Amount($) | Value($) | |||||||
Federal National Mortgage Association—continued | ||||||||
Pool #888344, 5.000%, 10/01/35 | 5,301 | 5,578 | ||||||
Pool #190363, 5.500%, 11/01/35 | 5,014 | 5,389 | ||||||
Pool #745428, 5.500%, 01/01/36 | 6,223 | 6,687 | ||||||
Pool #745275, 5.000%, 02/01/36 | 28,004 | 29,472 | ||||||
Pool #745886, 5.500%, 04/01/36 | 1,217 | 1,308 | ||||||
Pool #888209, 5.500%, 05/01/36 | 973 | 1,046 | ||||||
Pool #190370, 6.000%, 06/01/36 | 21,847 | 23,864 | ||||||
Pool #745950, 6.000%, 11/01/36 | 14,691 | 16,048 | ||||||
Pool #888219, 5.500%, 03/01/37 | 3,603 | 3,864 | ||||||
Pool #889139, 5.500%, 03/01/37 | 244 | 262 | ||||||
Pool #888268, 6.000%, 03/01/37, TBA(c) | 1,907 | 2,083 | ||||||
Pool #889506, 6.000%, 03/01/37, TBA(c) | 5,914 | 6,475 | ||||||
Pool #889140, 5.500%, 05/01/37, TBA(c) | 8,656 | 9,316 | ||||||
Pool #888608, 6.000%, 05/01/37 | 4,600 | 5,025 | ||||||
Pool #889641, 5.500%, 08/01/37 | 6,646 | 7,148 | ||||||
Pool #995024, 5.500%, 08/01/37 | 2,251 | 2,421 | ||||||
Pool #889574, 6.000%, 08/01/37 | 8,026 | 8,767 | ||||||
Pool #995722, 5.000%, 05/01/38 | 5,076 | 5,345 | ||||||
Pool #995196, 6.000%, 07/01/38 | 2,738 | 2,990 | ||||||
Pool #889977, 5.500%, 10/01/38 | 10,069 | 10,821 | ||||||
Pool #890097, 6.000%, 10/01/38 | 2,755 | 3,011 | ||||||
Pool #AE0694, 6.000%, 01/01/39 | 2,924 | 3,200 | ||||||
Pool #995724, 6.000%, 04/01/39 | 14,553 | 15,924 | ||||||
Pool #995937, 5.500%, 06/01/39 | 7,691 | 8,248 | ||||||
Pool #AE0553, 6.000%, 10/01/39 | 6,516 | 7,100 | ||||||
Pool #AE4852, 3.500%, 10/01/40 | 7,541 | 7,110 | ||||||
Pool #AH0018, 3.500%, 12/01/40 | 7,153 | 6,744 | ||||||
264,994 | ||||||||
Government National Mortgage Association (1.1%) | ||||||||
Pool #751387, 4.743%, 01/20/61 | 7,585 | 7,921 | ||||||
Total U.S. Government Agency Mortgages (Cost $278,802) | 279,736 | |||||||
U.S. Treasury Obligations (9.7%) | ||||||||
U.S. Treasury Bond (3.1%) | ||||||||
4.250%, 11/15/40(e) | 22,806 | 21,812 | ||||||
U.S. Treasury Notes (6.6%) | ||||||||
1.250%, 10/31/15 | 7,549 | 7,284 | ||||||
3.625%, 02/15/21(e) | 38,892 | 39,445 | ||||||
46,729 | ||||||||
Total U.S. Treasury Obligations (Cost $68,411) | 68,541 | |||||||
Units (0.0%) | ||||||||
Commercial Services (0.0%) | ||||||||
Alion Science Technology Corp.*(f)(g) | 35 | — | ||||||
Total Units (Cost $2) | — | |||||||
Money Market Fund (3.4%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(h) | 24,025,022 | 24,025 | ||||||
Total Money Market Fund (Cost $24,025) | 24,025 | |||||||
Total Investments (Cost $696,828)(i) — 101.2% | 713,647 | |||||||
Liabilities in excess of other assets — (1.2)% | (8,281 | ) | ||||||
Net Assets — 100.0% | $ | 705,366 | ||||||
* | Non-income producing security. | |
(a) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. | |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 14.9% of net assets as of March 31, 2011. |
(c) | All or a portion of this security has been purchased on a when-issued or delayed-delivery basis. |
(d) | The Fund’s adviser/subadviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. | |
(e) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. |
(f) | Each unit consists of $1,000 principal amount of 12.000% senior secured notes due on November 1, 2014 and one warrant to purchase 1.9439 shares of common stock. |
(g) | Valued at fair value using procedures approved by the Board. Fair valued securities held by the Fund represent, on a rounded basis, 0.0% of net assets as of March 31, 2011. |
(h) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(i) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
MTN | — Medium Term Note | |
TBA | — To Be Announced. Securities purchased on a forward commitment basis with an appropriate principal amount and no definitive maturity date. The actual principal and maturity date will be determined upon settlement date. |
138
Upfront | ||||||||||||||||||||||||||
Payments | ||||||||||||||||||||||||||
Notional | Fixed | Expiration | Made | Unrealized | ||||||||||||||||||||||
Underlying Instrument | Counterparty | Amount($) | Rate(%) | Date | (Received)($) | Value($) | Depreciation($) | |||||||||||||||||||
Whirlpool Corp. | Barclays Bank PLC | 4,210 | 1.000 | 06/20/16 | 118 | 109 | (9 | ) | ||||||||||||||||||
Ryder Systems, Inc. | JPMorgan | 4,225 | 1.000 | 06/20/16 | 79 | 55 | (24 | ) | ||||||||||||||||||
197 | 164 | (33 | ) | |||||||||||||||||||||||
Unrealized | ||||||||
Unfunded | Appreciation/ | |||||||
Borrower | Commitments($) | (Depreciation)($) | ||||||
CB Richard Ellis Services, Inc. | 503 | 1 | ||||||
CB Richard Ellis Services, Inc. | 504 | 1 | ||||||
2 | ||||||||
139
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Asset-Backed Securities (8.8%) | ||||||||
Automobiles (3.8%) | ||||||||
Ford Credit Auto Owner Trust, Ser 2009-D, Cl A3, 2.170%, 10/15/13 | 134 | 135 | ||||||
Ford Credit Auto Owner Trust, Ser 2009-E, Cl A2, 0.800%, 03/15/12 | 94 | 94 | ||||||
Harley-Davidson Motorcycle Trust, Ser 2009-4, Cl A3, 1.870%, 02/15/14 | 1,150 | 1,157 | ||||||
Honda Auto Receivables Owner Trust, Ser 2009-3, Cl A3, 2.310%, 05/15/13 | 753 | 760 | ||||||
Honda Auto Receivables Owner Trust, Ser 2010-2, Cl A3, 1.340%, 03/18/14 | 215 | 217 | ||||||
Hyundai Auto Receivables Trust, Ser 2011-A, Cl A2, 0.690%, 11/15/13 | 1,000 | 1,001 | ||||||
Nissan Auto Lease Trust, Ser 2009-B, Cl A3, 2.070%, 01/15/15 | 448 | 450 | ||||||
World Omni Auto Receivables Trust, Ser 2011-A, Cl A3, 1.110%, 05/15/15 | 555 | 554 | ||||||
4,368 | ||||||||
Credit Card (5.0%) | ||||||||
American Express Credit Account Master Trust, Ser 2009-1, Cl A, 1.605%, 12/15/14(a) | 1,100 | 1,115 | ||||||
Chase Issuance Trust, Ser 2005-A2, Cl A2, 0.325%, 12/15/14(a) | 905 | 904 | ||||||
Citibank Credit Card Issuance Trust, Ser 2002-A10, Cl A10, 0.504%, 12/17/14(a) | 1,085 | 1,086 | ||||||
Discover Card Master Trust, Ser 2008-A4, Cl A4, 5.650%, 12/15/15 | 890 | 974 | ||||||
Discover Card Master Trust, Ser 2009-A1, Cl A1, 1.555%, 12/15/14(a) | 780 | 790 | ||||||
GE Capital Credit Card Master Note Trust, Ser 2009-3, Cl A, 2.540%, 09/15/14 | 935 | 943 | ||||||
5,812 | ||||||||
Total Asset-Backed Securities (Cost $10,160) | 10,180 | |||||||
Certificate of Deposit (0.9%) | ||||||||
Banks (0.9%) | ||||||||
Deutsche Bank AG, 0.603%, 01/19/12 | 1,005 | 1,006 | ||||||
Total Certificate of Deposit (Cost $1,005) | 1,006 | |||||||
Collateralized Mortgage Obligations (28.5%) | ||||||||
Banc of America Commercial Mortgage, Inc., Ser 2003-1, Cl A1, 3.878%, 09/11/36 | 91 | 92 | ||||||
Banc of America Commercial Mortgage, Inc., Ser 2004-1, Cl A4, 4.760%, 11/10/39 | 320 | 338 | ||||||
Banc of America Commercial Mortgage, Inc., Ser 2004-3, Cl A4, 5.176%, 06/10/39 | 388 | 389 | ||||||
Banc of America Commercial Mortgage, Inc., Ser 2004-4, Cl A4, 4.502%, 07/10/42 | 228 | 230 | ||||||
Banc of America Mortgage Securities, Inc., Ser 2003-F, Cl 1A1, 2.748%, 07/25/33(a) | 523 | 492 | ||||||
Citicorp Mortgage Securities, Inc., Ser 2005-5, Cl 2A3, 5.000%, 08/25/20 | 71 | 73 | ||||||
Citigroup Commercial Mortgage Trust, Ser 2004-C1, Cl A3, 5.251%, 04/15/40(a) | 1,088 | 1,127 | ||||||
Commercial Mortgage Asset Trust, Ser 1999-C1, Cl A4, 6.975%, 01/17/32(a) | 900 | 942 | ||||||
Commercial Mortgage Pass-Through Certificates, Ser 2001-J2A, Cl A2, 6.096%, 07/16/34(b) | 843 | 843 | ||||||
Countrywide Home Loan Mortgage Pass-Through Certificates, Ser 2003-15, Cl 1A1, 0.750%, 06/25/18(a) | 877 | 865 | ||||||
CS First Boston Mortgage Securities Corp., Ser 2004-1, Cl 4A1, 5.000%, 02/25/19 | 256 | 259 | ||||||
CS First Boston Mortgage Securities Corp., Ser 2004-C3, Cl A3, 4.302%, 07/15/36 | 155 | 155 | ||||||
FDIC Structured Sale Guaranteed Notes, Ser 2010-L2A, Cl A, 3.000%, 09/30/19(b) | 164 | 165 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2892, Cl F, 0.555%, 01/15/19(a) | 234 | 234 |
140
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Principal | ||||||||
Amount($) | Value($) | |||||||
Collateralized Mortgage Obligations—continued | ||||||||
Federal Home Loan Mortgage Corporation, Ser 3136, Cl KF, 0.555%, 04/15/36(a) | 1,572 | 1,566 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3200, Cl FP, 0.455%, 08/15/36(a) | 814 | 807 | ||||||
Federal Home Loan Mortgage Corporation, Ser R001, Cl AE, 4.375%, 04/15/15 | 221 | 223 | ||||||
Federal National Mortgage Association, Ser 1997-M9, Cl C, 6.520%, 07/25/16 | 263 | 274 | ||||||
Federal National Mortgage Association, Ser 2002-M2, Cl C, 4.717%, 08/25/12 | 993 | 1,030 | ||||||
Federal National Mortgage Association, Ser 2003-35, Cl KA, 4.000%, 04/25/17 | 113 | 115 | ||||||
Federal National Mortgage Association, Ser 2003-52, Cl FV, 1.250%, 05/25/31(a) | 38 | 38 | ||||||
Federal National Mortgage Association, Ser 2003-63, Cl FE, 0.650%, 10/25/31(a) | 775 | 775 | ||||||
Federal National Mortgage Association, Ser 2005-42, Cl PF, 0.450%, 05/25/35(a) | 580 | 576 | ||||||
Federal National Mortgage Association, Ser 2005-92, Cl UF, 0.600%, 10/25/25(a) | 490 | 488 | ||||||
Federal National Mortgage Association, Ser 2007-102, Cl FA, 0.820%, 11/25/37(a) | 1,585 | 1,590 | ||||||
Federal National Mortgage Association, Ser 2007-109, Cl NF, 0.800%, 12/25/37(a) | 1,410 | 1,414 | ||||||
Federal National Mortgage Association, Ser 2009-37, Cl HA, 4.000%, 04/25/19 | 150 | 157 | ||||||
Federal National Mortgage Association, Ser 2010-134, Cl BF, 0.680%, 10/25/40(a) | 1,586 | 1,582 | ||||||
First Horizon Mortgage Pass-Through Trust, Ser 2004-AR4, Cl 2A1, 2.916%, 08/25/34(a) | 456 | 420 | ||||||
GMAC Commercial Mortgage Securities, Inc., Ser 2003-C2, Cl A2, 5.472%, 05/10/40(a) | 790 | 844 | ||||||
GMAC Commercial Mortgage Securities, Inc., Ser 2004-C2, Cl A2, 4.760%, 08/10/38 | 680 | 682 | ||||||
GMAC Commercial Mortgage Securities, Inc., Ser 2004-C3, Cl A4, 4.547%, 12/10/41 | 1,670 | 1,691 | ||||||
Government National Mortgage Association, Ser 2004-60, Cl B, 4.828%, 03/16/23 | 258 | 259 | ||||||
Government National Mortgage Association, Ser 2005-50, Cl A, 4.015%, 10/16/26 | 912 | 935 | ||||||
Government National Mortgage Association, Ser 2008-5, Cl FA, 0.754%, 01/20/38(a) | 1,057 | 1,057 | ||||||
Government National Mortgage Association, Ser 2010-66, Cl A, 1.869%, 09/16/27 | 402 | 404 | ||||||
Greenwich Capital Commercial Funding Corp., Ser 2005-GG3, Cl A2, 4.305%, 08/10/42 | 957 | 957 | ||||||
JPMorgan Chase Commercial Mortgage Securities, Ser 2004-CBX, Cl A3, 4.184%, 01/12/37 | 134 | 134 | ||||||
JPMorgan Chase Commercial Mortgage Securities, Ser 2004-CBX, Cl A4, 4.529%, 01/12/37 | 680 | 686 | ||||||
JPMorgan Chase Commercial Mortgage Securities, Ser 2004-CBX, Cl A5, 4.654%, 01/12/37(c) | 1,500 | 1,548 | ||||||
JPMorgan Chase Commercial Mortgage Securities, Ser 2005-LDP1, Cl A2, 4.625%, 03/15/46 | 1,056 | 1,069 | ||||||
LB Commercial Conduit Mortgage Trust, Ser 1998-C1, Cl D, 6.980%, 02/18/30 | 199 | 199 | ||||||
LB-UBS Commercial Mortgage Trust, Ser 2002-C4, Cl A3, 4.071%, 09/15/26 | 153 | 156 | ||||||
LB-UBS Commercial Mortgage Trust, Ser 2003-C7, Cl A3, 4.559%, 09/15/27(a) | 870 | 884 | ||||||
LB-UBS Commercial Mortgage Trust, Ser 2005-C1, Cl A2, 4.310%, 02/15/30 | 82 | 82 | ||||||
Merrill Lynch Mortgage Trust, Ser 2004-BPC1, Cl A3, 4.467%, 10/12/41(a) | 915 | 925 | ||||||
Morgan Stanley Capital I, Ser 2004-IQ7, Cl A4, 5.409%, 06/15/38(a) | 540 | 579 | ||||||
Morgan Stanley Capital I, Ser 2006-HQ8, Cl A3, 5.455%, 03/12/44(a) | 771 | 783 |
141
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Collateralized Mortgage Obligations—continued | ||||||||
Provident Funding Mortgage Loan Trust, Ser 2004-1, Cl 1A1, 2.665%, 04/25/34(a) | 270 | 265 | ||||||
Thornburg Mortgage Securities Trust, Ser 2006-6, Cl A1, 0.360%, 11/25/46(a) | 488 | 482 | ||||||
Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S12, Cl 2A, 4.750%, 11/25/18 | 265 | 273 | ||||||
Wells Fargo Mortgage Backed Securities Trust, Ser 2007-16, Cl 1A1, 6.000%, 12/28/37 | 829 | 868 | ||||||
Total Collateralized Mortgage Obligations (Cost $32,997) | 33,021 | |||||||
Corporate Bonds (38.0%) | ||||||||
Agriculture (1.2%) | ||||||||
Archer-Daniels-Midland Co., 0.472%, 08/13/12(a) | 1,420 | 1,422 | ||||||
Auto Manufacturers (0.5%) | ||||||||
Daimler Finance North America LLC, 1.950%, 03/28/14(b) | 615 | 613 | ||||||
Banks (12.0%) | ||||||||
American Express Bank FSB, 0.378%, 05/29/12(a) | 660 | 658 | ||||||
Bank of America Corp., 0.810%, 09/11/12(a) | 330 | 329 | ||||||
Bank of America Corp., 1.723%, 01/30/14, MTN(a) | 815 | 828 | ||||||
Bank of Montreal, 2.125%, 06/28/13 | 325 | 331 | ||||||
Bank of New York Mellon Corp. (The), 5.125%, 08/27/13, MTN | 520 | 565 | ||||||
Bank of New York Mellon Corp. (The), Ser FRN, 0.584%, 01/31/14, MTN(a) | 735 | 738 | ||||||
Bank of Nova Scotia, 2.250%, 01/22/13 | 440 | 449 | ||||||
Bank of Nova Scotia, 2.375%, 12/17/13 | 280 | 286 | ||||||
Barclays Bank PLC, 2.500%, 01/23/13 | 580 | 590 | ||||||
BB&T Corp., 3.850%, 07/27/12, MTN | 1,150 | 1,191 | ||||||
Capital One Financial Corp., 5.700%, 09/15/11, MTN | 490 | 501 | ||||||
Citigroup, Inc., 5.300%, 10/17/12 | 790 | 834 | ||||||
Credit Suisse New York, 5.500%, 05/01/14 | 315 | 345 | ||||||
Goldman Sachs Group, Inc. (The), 1.311%, 02/07/14(a) | 1,265 | 1,274 | ||||||
Morgan Stanley, 1.903%, 01/24/14(a) | 985 | 1,005 | ||||||
National City Bank, 0.411%, 03/01/13(a) | 1,115 | 1,112 | ||||||
Societe Generale, 2.200%, 09/14/13(b) | 745 | 744 | ||||||
State Street Corp., 0.404%, 04/30/12(a) | 400 | 400 | ||||||
Wachovia Corp., 5.500%, 05/01/13, MTN | 710 | 765 | ||||||
Westpac Banking Corp., 0.603%, 10/21/11(a)(b) | 700 | 701 | ||||||
Westpac Banking Corp., 2.250%, 11/19/12 | 290 | 295 | ||||||
13,941 | ||||||||
Beverages (0.8%) | ||||||||
Anheuser-Busch InBev Worldwide, Inc., 2.500%, 03/26/13 | 465 | 474 | ||||||
Dr Pepper Snapple Group, Inc., 2.350%, 12/21/12 | 465 | 474 | ||||||
948 | ||||||||
Chemicals (0.4%) | ||||||||
Dow Chemical Co. (The), 4.850%, 08/15/12 | 440 | 461 | ||||||
Computers (1.7%) | ||||||||
Hewlett-Packard Co., 1.361%, 05/27/11(a) | 610 | 611 | ||||||
IBM Corp., Ser FRN, 0.351%, 11/04/11(a) | 1,395 | 1,396 | ||||||
2,007 | ||||||||
Cosmetics/Personal Care (0.4%) | ||||||||
Procter & Gamble Co. (The), 0.352%, 11/14/12(a) | 410 | 410 | ||||||
Diversified Financial Services (6.4%) | ||||||||
BlackRock, Inc., 2.250%, 12/10/12 | 855 | 871 | ||||||
Caterpillar Financial Services Corp., 1.059%, 06/24/11, MTN(a) | 1,000 | 1,002 | ||||||
Citigroup, Inc., 5.500%, 04/11/13 | 230 | 246 | ||||||
Credit Suisse (USA), Inc., 0.514%, 08/16/11(a) | 650 | 650 | ||||||
General Electric Capital Corp., 1.153%, 01/07/14(a) | 1,675 | 1,689 | ||||||
Goldman Sachs Group, Inc. (The), 5.150%, 01/15/14 | 205 | 220 | ||||||
John Deere Capital Corp., Ser FRN, 0.530%, 03/03/14, MTN(a) | 785 | 781 | ||||||
JPMorgan Chase & Co., 0.961%, 02/26/13, MTN(a) | 610 | 614 |
142
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Diversified Financial Services—continued | ||||||||
JPMorgan Chase & Co., 2.200%, 06/15/12 | 500 | 511 | ||||||
JPMorgan Chase & Co., 5.750%, 01/02/13 | 605 | 647 | ||||||
Woodside Finance Ltd., 4.500%, 11/10/14(b) | 160 | 169 | ||||||
7,400 | ||||||||
Electric (2.6%) | ||||||||
Dominion Resources, Inc., Ser B, 6.250%, 06/30/12 | 260 | 276 | ||||||
Duke Energy Corp., 6.300%, 02/01/14 | 460 | 513 | ||||||
FPL Group Capital, Inc., 5.625%, 09/01/11 | 500 | 510 | ||||||
Midamerican Energy Holdings Co., 5.875%, 10/01/12 | 475 | 507 | ||||||
SCANA Corp., 6.875%, 05/15/11, MTN | 375 | 377 | ||||||
Southern Co., 0.703%, 10/21/11(a) | 765 | 767 | ||||||
2,950 | ||||||||
Electronics (0.7%) | ||||||||
Thermo Fisher Scientific, Inc., 2.150%, 12/28/12 | 760 | 772 | ||||||
Food (1.2%) | ||||||||
General Mills, Inc., 5.650%, 09/10/12 | 610 | 649 | ||||||
Kellogg Co., Ser B, 6.600%, 04/01/11 | 665 | 665 | ||||||
Kraft Foods, Inc., 5.625%, 11/01/11 | 103 | 106 | ||||||
1,420 | ||||||||
Insurance (3.5%) | ||||||||
Berkshire Hathaway, Inc., Ser 0001, 0.742%, 02/11/13(a) | 865 | 871 | ||||||
Chubb Corp., 6.000%, 11/15/11 | 980 | 1,013 | ||||||
Hartford Financial Services Group, Inc., 5.250%, 10/15/11 | 535 | 547 | ||||||
MetLife Institutional Funding II, 1.203%, 04/04/14(a)(b)(c) | 1,025 | 1,025 | ||||||
MetLife, Inc., 2.375%, 02/06/14 | 155 | 155 | ||||||
MetLife, Inc., 6.125%, 12/01/11 | 280 | 290 | ||||||
New York Life Global Funding, 4.650%, 05/09/13(b) | 120 | 128 | ||||||
4,029 | ||||||||
Iron/Steel (0.4%) | ||||||||
ArcelorMittal, 5.375%, 06/01/13 | 455 | 484 | ||||||
Media (0.7%) | ||||||||
DIRECTV Holdings LLC, 7.625%, 05/15/16, Callable 05/15/12 @ 103.81 | 230 | 254 | ||||||
Time Warner Cable, Inc., 5.400%, 07/02/12 | 505 | 531 | ||||||
785 | ||||||||
Mining (0.4%) | ||||||||
Rio Tinto Alcan, Inc., 4.875%, 09/15/12 | 435 | 458 | ||||||
Oil & Gas (0.6%) | ||||||||
Devon Financing Corp., ULC, 6.875%, 09/30/11 | 475 | 490 | ||||||
Shell International Finance BV, 1.300%, 09/22/11 | 220 | 221 | ||||||
711 | ||||||||
Pharmaceuticals (0.5%) | ||||||||
McKesson Corp., 5.250%, 03/01/13 | 285 | 305 | ||||||
McKesson Corp., 6.500%, 02/15/14 | 200 | 224 | ||||||
529 | ||||||||
Pipelines (0.6%) | ||||||||
Enterprise Products Operating LLC, Ser M, 5.650%, 04/01/13 | 125 | 135 | ||||||
Kinder Morgan Energy Partners LP, 7.125%, 03/15/12 | 150 | 159 | ||||||
Plains All American Pipeline LP, 4.250%, 09/01/12 | 380 | 394 | ||||||
688 | ||||||||
Telecommunication Services (2.7%) | ||||||||
Cellco Partnership / Verizon Wireless Capital LLC, 3.750%, 05/20/11 | 1,235 | 1,240 | ||||||
New Cingular Wireless Services, Inc., 8.125%, 05/01/12 | 850 | 915 | ||||||
Telefonica Emisiones SAU, 0.641%, 02/04/13(a) | 500 | 495 | ||||||
Verizon Communications, Inc., Ser FRN, 0.919%, 03/28/14(a) | 470 | 473 | ||||||
3,123 | ||||||||
Toys/Games/Hobbies (0.3%) | ||||||||
Mattel, Inc., 5.625%, 03/15/13 | 370 | 396 | ||||||
Transportation (0.4%) | ||||||||
Burlington Northern Santa Fe LLC, 6.750%, 07/15/11 | 485 | 494 | ||||||
Total Corporate Bonds (Cost $43,856) | 44,041 | |||||||
143
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Municipal Bond (0.9%) | ||||||||
New Jersey (0.9%) | ||||||||
New Jersey Economic Development Authority, RB, BAB, 1.310%, 06/15/13(a) | 995 | 995 | ||||||
Total Municipal Bonds (Cost $995) | 995 | |||||||
U.S. Government Agencies (6.6%) | ||||||||
Federal Farm Credit Bank (1.4%) | ||||||||
0.244%, 02/22/13(a) | 1,575 | 1,575 | ||||||
Federal Home Loan Mortgage Corp. (1.5%) | ||||||||
0.214%, 03/21/13(a) | 1,240 | 1,239 | ||||||
2.500%, 04/08/13 | 535 | 535 | ||||||
1,774 | ||||||||
Federal National Mortgage Association (3.7%) | ||||||||
0.273%, 11/23/12(a) | 1,125 | 1,125 | ||||||
0.284%, 12/20/12(a) | 1,500 | 1,501 | ||||||
0.312%, 03/04/14(a) | 1,690 | 1,690 | ||||||
4,316 | ||||||||
Total U.S. Government Agencies (Cost $7,668) | 7,665 | |||||||
U.S. Government Agency Mortgages (12.0%) | ||||||||
Federal Home Loan Mortgage Corporation (1.8%) | ||||||||
Pool #847276, 2.670%, 04/01/34(a) | 83 | 88 | ||||||
Pool #1H2581, 2.498%, 01/01/36(a)(c) | 344 | 359 | ||||||
Pool #848154, 4.383%, 06/01/36(a) | 124 | 130 | ||||||
Pool #1B7142, 6.101%, 09/01/36(a) | 140 | 147 | ||||||
Pool #848153, 2.661%, 10/01/36(a) | 755 | 797 | ||||||
Pool #1Q0853, 5.780%, 01/01/37(a) | 241 | 255 | ||||||
Pool #1G1676, 5.494%, 04/01/37(a) | 350 | 373 | ||||||
2,149 | ||||||||
Federal National Mortgage Association (10.2%) | ||||||||
Pool #545059, 6.199%, 05/01/11 | 52 | 52 | ||||||
Pool #383875, 6.500%, 07/01/11(d) | 155 | 155 | ||||||
Pool #383848, 6.370%, 08/01/11 | 411 | 410 | ||||||
Pool #545471, 5.914%, 02/01/12 | 186 | 190 | ||||||
Pool #384762, 6.005%, 02/01/12 | 522 | 530 | ||||||
Pool #545527, 6.129%, 02/01/12 | 444 | 454 | ||||||
Pool #375493, 6.925%, 11/01/12 | 202 | 213 | ||||||
Pool #55162, 4.826%, 01/01/13 | 472 | 493 | ||||||
Pool #745503, 5.370%, 02/01/13 | 233 | 243 | ||||||
Pool #873590, 5.470%, 04/01/13 | 148 | 157 | ||||||
Pool #555910, 4.919%, 10/01/13 | 211 | 223 | ||||||
Pool #995511, 5.500%, 12/01/18 | 715 | 776 | ||||||
Pool #995426, 5.500%, 09/01/21 | 835 | 906 | ||||||
Pool #635082, 2.443%, 05/01/32(a) | 129 | 135 | ||||||
Pool #555844, 2.467%, 10/01/33(a) | 273 | 287 | ||||||
Pool #822302, 2.642%, 05/01/35(a) | 441 | 463 | ||||||
Pool #995540, 2.524%, 01/01/36(a)(c) | 1,728 | 1,821 | ||||||
Pool #995542, 2.537%, 02/01/36(a)(d) | 657 | 690 | ||||||
Pool #AD0379, 2.875%, 06/01/36(a) | 551 | 579 | ||||||
Pool #AD0382, 4.064%, 01/01/37(a) | 1,129 | 1,184 | ||||||
Pool #AD0380, 2.653%, 10/01/37(a)(d) | 938 | 985 | ||||||
Pool #AD0383, 5.598%, 11/01/37(a) | 773 | 823 | ||||||
11,769 | ||||||||
Total U.S. Government Agency Mortgages (Cost $13,547) | 13,918 | |||||||
Money Market Fund (1.7%) | ||||||||
State Street Institutional Liquid Reserves Fund, Institutional Class, 0.19%(e) | 1,974,423 | 1,974 | ||||||
Total Money Market Fund (Cost $1,974) | 1,974 | |||||||
Commercial Paper (4.3%) | ||||||||
Bank of Nova Scotia, 0.160%, 04/01/11 | 1,000 | 1,000 | ||||||
BMW US Capital LLC, 0.360%, 04/14/11(b) | 1,000 | 1,000 | ||||||
Straight A Funding LLC, 0.210%, 04/20/11(b) | 2,000 | 2,000 | ||||||
Virginia Electric & Power Co., 0.330%, 04/14/11 | 1,000 | 1,000 | ||||||
Total Commercial Paper (Cost $5,000) | 5,000 | |||||||
Total Investments (Cost $117,202)(f) — 101.7% | 117,800 | |||||||
Liabilities in excess of other assets — (1.7)% | (2,005 | ) | ||||||
Net Assets — 100.0% | $ | 115,795 | ||||||
(a) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. | |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 6.4% of net assets as of March 31, 2011. |
(c) | Denotes investment purchased on a when-issued or delayed-delivery basis. |
(d) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. | |
(e) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. |
(f) | See Federal Tax Information listed in the Notes to Schedules of Portfolio Investments for tax-basis cost. |
BAB | — Build America Bonds | |
MTN | — Medium Term Note | |
RB | — Revenue Bond | |
ULC | — Unlimited Liability Company |
144
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
U.S. Treasury Obligations (93.7%) | ||||||||
U.S. Treasury Bonds (18.0%) | ||||||||
7.125%, 02/15/23 | 2,181 | 2,893 | ||||||
6.875%, 08/15/25 | 4,059 | 5,343 | ||||||
4.250%, 11/15/40 | 1,387 | 1,327 | ||||||
9,563 | ||||||||
U.S. Treasury Notes (75.7%) | ||||||||
4.875%, 04/30/11 | 3,910 | 3,925 | ||||||
1.750%, 04/15/13 | 5,150 | 5,247 | ||||||
2.375%, 09/30/14 | 8,679 | 8,929 | ||||||
1.750%, 07/31/15 | 7,290 | 7,235 | ||||||
1.875%, 08/31/17 | 7,590 | 7,197 | ||||||
2.750%, 02/15/19 | 7,890 | 7,709 | ||||||
40,242 | ||||||||
Total U.S. Treasury Obligations (Cost $49,104) | 49,805 | |||||||
Money Market Fund (5.8%) | ||||||||
State Street Institutional Treasury Money Market Fund, Institutional Class, 0.00%(a) | 3,049,964 | 3,050 | ||||||
Total Money Market Fund (Cost $3,050) | 3,050 | |||||||
Total Investments (Cost $52,154)(b) — 99.5% | 52,855 | |||||||
Other assets in excess of liabilities — 0.5% | 285 | |||||||
Net Assets — 100.0% | $ | 53,140 | ||||||
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
145
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Asset-Backed Security (0.2%) | ||||||||
Student Loan (0.2%) | ||||||||
SMS Student Loan Trust, Ser 1999-B, Cl A2, 0.544%, 04/30/29(a) | 3,717 | 3,704 | ||||||
Total Asset-Backed Securities (Cost $3,682) | 3,704 | |||||||
Collateralized Mortgage Obligations (34.0%) | ||||||||
FDIC Structured Sale Guaranteed Notes, Ser 2010-L2A, Cl A, 3.000%, 09/30/19(b) | 4,432 | 4,476 | ||||||
Federal Home Loan Bank, Ser Y2-2015, Cl 1, 2.600%, 04/20/15 | 7,150 | 7,254 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2575, Cl FG, 0.655%, 05/15/32(a) | 2,920 | 2,920 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2840, Cl LJ, 4.250%, 11/15/17 | 1,270 | 1,314 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2877, Cl WF, 0.655%, 10/15/34(a) | 5,424 | 5,421 | ||||||
Federal Home Loan Mortgage Corporation, Ser 2892, Cl F, 0.555%, 01/15/19(a) | 3,199 | 3,202 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3000, Cl FG, 0.555%, 07/15/25(a) | 6,826 | 6,801 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3135, Cl FC, 0.555%, 04/15/26(a) | 5,480 | 5,477 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3196, Cl CE, 5.250%, 08/15/11 | 257 | 261 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3200, Cl FP, 0.455%, 08/15/36(a)(c) | 11,936 | 11,830 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3232, Cl KF, 0.705%, 10/15/36(a)(c) | 9,977 | 9,970 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3264, Cl FB, 0.625%, 01/15/37(a) | 6,057 | 6,030 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3320, Cl FC, 0.425%, 05/15/37(a)(c) | 11,588 | 11,501 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3346, Cl FA, 0.485%, 02/15/19(a) | 1,106 | 1,102 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3450, Cl AF, 0.965%, 05/15/38(a)(c) | 6,861 | 6,888 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3511, Cl FA, 1.255%, 02/15/39(a) | 25,447 | 25,734 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3574, Cl MA, 4.000%, 09/15/21 | 10,900 | 11,334 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3593, Cl F, 0.760%, 03/15/36(a) | 10,373 | 10,381 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3609, Cl FA, 0.915%, 12/15/39(a)(c) | 11,138 | 11,177 | ||||||
Federal Home Loan Mortgage Corporation, Ser 3812, Cl BE, 2.750%, 09/15/18 | 18,405 | 18,750 | ||||||
Federal National Mortgage Association, Ser 1997-M9, Cl C, 6.520%, 07/25/16(c) | 2,699 | 2,814 | ||||||
Federal National Mortgage Association, Ser 2002-M2, Cl C, 4.717%, 08/25/12 | 19,657 | 20,384 | ||||||
Federal National Mortgage Association, Ser 2003-32, Cl VT, 6.000%, 09/25/15 | 4,405 | 4,525 | ||||||
Federal National Mortgage Association, Ser 2003-52, Cl FV, 1.250%, 05/25/31(a)(c) | 503 | 503 | ||||||
Federal National Mortgage Association, Ser 2003-63, Cl FE, 0.650%, 10/25/31(a) | 11,241 | 11,234 | ||||||
Federal National Mortgage Association, Ser 2003-73, Cl DF, 0.700%, 10/25/32(a) | 9,545 | 9,547 | ||||||
Federal National Mortgage Association, Ser 2005-40, Cl FB, 0.500%, 05/25/35(a) | 3,540 | 3,522 | ||||||
Federal National Mortgage Association, Ser 2005-42, Cl PF, 0.450%, 05/25/35(a) | 8,243 | 8,187 | ||||||
Federal National Mortgage Association, Ser 2005-57, Cl EG, 0.550%, 03/25/35(a) | 5,819 | 5,804 | ||||||
Federal National Mortgage Association, Ser 2005-92, Cl UF, 0.600%, 10/25/25(a) | 5,832 | 5,809 | ||||||
Federal National Mortgage Association, Ser 2006-123, Cl PF, 0.510%, 01/25/37(a)(c) | 14,488 | 14,390 | ||||||
Federal National Mortgage Association, Ser 2006-79, Cl GF, 0.650%, 08/25/36(a)(c) | 23,605 | 23,567 |
146
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Collateralized Mortgage Obligations—continued | ||||||||
Federal National Mortgage Association, Ser 2006-84, Cl FQ, 0.800%, 09/25/36(a)(c) | 12,970 | 13,002 | ||||||
Federal National Mortgage Association, Ser 2006-85, Cl MA, 6.250%, 08/25/34 | 697 | 706 | ||||||
Federal National Mortgage Association, Ser 2007-102, Cl FA, 0.820%, 11/25/37(a)(c) | 11,421 | 11,454 | ||||||
Federal National Mortgage Association, Ser 2007-109, Cl NF, 0.800%, 12/25/37(a)(c) | 19,049 | 19,097 | ||||||
Federal National Mortgage Association, Ser 2007-2, Cl FM, 0.500%, 02/25/37(a) | 5,930 | 5,894 | ||||||
Federal National Mortgage Association, Ser 2007-4, Cl DF, 0.695%, 02/25/37(a)(c) | 5,096 | 5,087 | ||||||
Federal National Mortgage Association, Ser 2007-88 CI JF, 0.800%, 04/25/37(c) | 9,506 | 9,529 | ||||||
Federal National Mortgage Association, Ser 2008-12, Cl FE, 0.850%, 01/25/33(a) | 5,467 | 5,474 | ||||||
Federal National Mortgage Association, Ser 2008-18, Cl FE, 0.980%, 03/25/38(a)(c) | 12,125 | 12,179 | ||||||
Federal National Mortgage Association, Ser 2010-134, Cl BF, 0.680%, 10/25/40(a) | 23,650 | 23,593 | ||||||
Federal National Mortgage Association, Ser 2010-42, Cl AF, REMIC, 0.850%, 05/25/40(a) | 22,658 | 22,719 | ||||||
Government National Mortgage Association, Ser 2002-56, Cl C, REMIC, 5.677%, 07/16/27 | 21,510 | 22,843 | ||||||
Government National Mortgage Association, Ser 2002-81, Cl A, REMIC, 3.815%, 04/16/25 | 315 | 316 | ||||||
Government National Mortgage Association, Ser 2003-73, Cl A, 3.513%, 06/16/21 | 1,471 | 1,473 | ||||||
Government National Mortgage Association, Ser 2004-5, Cl PF, 0.804%, 02/20/33(a)(c) | 17,520 | 17,582 | ||||||
Government National Mortgage Association, Ser 2004-60, Cl B, 4.828%, 03/16/23 | 4,636 | 4,664 | ||||||
Government National Mortgage Association, Ser 2004-67, Cl C, 4.712%, 05/16/25 | 2,621 | 2,649 | ||||||
Government National Mortgage Association, Ser 2008-5, Cl FA, 0.754%, 01/20/38(a)(c) | 29,494 | 29,494 | ||||||
Government National Mortgage Association, Ser 2010-66, Cl A, 1.869%, 09/16/27 | 13,338 | 13,401 | ||||||
Government National Mortgage Association, Ser 2010-97, Cl A, 2.321%, 01/16/32 | 3,563 | 3,600 | ||||||
NCUA Guaranteed Notes, Ser 2010-C1, Cl A1, 1.600%, 10/29/20 | 4,188 | 4,084 | ||||||
NCUA Guaranteed Notes, Ser 2010-R2, Cl 1A, 0.629%, 11/06/17(a) | 5,323 | 5,325 | ||||||
NCUA Guaranteed Notes, Ser 2011-C1, Cl 2A, 0.792%, 03/09/21(a) | 38,340 | 38,340 | ||||||
NCUA Guaranteed Notes, Ser 2011-R1, Cl 1A, 0.709%, 01/08/20(a) | 16,036 | 16,056 | ||||||
Total Collateralized Mortgage Obligations (Cost $559,062) | 560,670 | |||||||
U.S. Government Agency Mortgages (59.5%) | ||||||||
Federal Home Loan Mortgage Corporation (23.4%) | ||||||||
Pool #972122, 2.360%, 06/01/33(a) | 60 | 61 | ||||||
Pool #847615, 2.716%, 07/01/33(a) | 9,687 | 10,192 | ||||||
Pool #781028, 2.474%, 11/01/33(a) | 5,740 | 6,028 | ||||||
Pool #847276, 2.670%, 04/01/34(a) | 522 | 548 | ||||||
Pool #847522, 2.861%, 05/01/34(a) | 238 | 248 | ||||||
Pool #847308, 2.741%, 07/01/34(a) | 398 | 417 | ||||||
Pool #782851, 4.752%, 11/01/34(a) | 5,889 | 6,235 | ||||||
Pool #1G0077, 2.486%, 02/01/35(a) | 222 | 232 | ||||||
Pool # 847404, 4.630%, 04/01/35(a) | 6,613 | 6,873 | ||||||
Pool #783134, 4.975%, 05/01/35(a) | 5,270 | 5,551 | ||||||
Pool #1L0087, 5.044%, 06/01/35(a) | 8,052 | 8,564 | ||||||
Pool #1L0083, 5.069%, 06/01/35(a) | 12,614 | 13,329 | ||||||
Pool #1L0142, 4.948%, 07/01/35(a) | 6,547 | 6,900 | ||||||
Pool #1B2282, 5.083%, 07/01/35(a) | 5,016 | 5,332 | ||||||
Pool #1H2511, 4.907%, 08/01/35(a) | 14,641 | 15,384 | ||||||
Pool #1B2347, 4.893%, 09/01/35(a) | 2,199 | 2,325 | ||||||
Pool #1L0256, 2.503%, 11/01/35(a) | 8,363 | 8,781 | ||||||
Pool #1H2581, 2.498%, 01/01/36(a) | 9,727 | 10,166 | ||||||
Pool #1L1235, 5.439%, 01/01/36(a) | 4,044 | 4,287 | ||||||
Pool #848154, 4.383%, 06/01/36(a) | 10,805 | 11,337 | ||||||
Pool #1Q0852, 4.735%, 07/01/36(a) | 17,795 | 18,572 | ||||||
Pool #1Q0855, 5.639%, 07/01/36(a) | 10,119 | 10,694 | ||||||
Pool #1N0169, 6.473%, 07/01/36(a) | 610 | 643 | ||||||
Pool #1Q0140, 5.859%, 08/01/36(a) | 3,651 | 3,830 | ||||||
Pool #1J0129, 6.062%, 09/01/36(a) | 2,124 | 2,246 | ||||||
Pool #1B7142, 6.101%, 09/01/36(a) | 1,602 | 1,686 | ||||||
Pool #848153, 2.661%, 10/01/36(a) | 3,263 | 3,449 | ||||||
Pool #1G1227, 5.995%, 10/01/36(a) | 11,476 | 12,168 | ||||||
Pool #848298, 5.260%, 11/01/36(a) | 8,859 | 9,383 |
147
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Federal Home Loan Mortgage Corporation—continued | ||||||||
Pool #1G2555, 6.034%, 11/01/36(a) | 8,786 | 9,281 | ||||||
Pool #1G2585, 3.075%, 12/01/36(a) | 369 | 387 | ||||||
Pool #1Q0853, 5.780%, 01/01/37(a) | 18,346 | 19,410 | ||||||
Pool #1J0331, 2.816%, 03/01/37(a) | 1,180 | 1,243 | ||||||
Pool #1Q0854, 4.508%, 04/01/37(a) | 8,958 | 9,428 | ||||||
Pool #1G1676, 5.494%, 04/01/37(a) | 352 | 376 | ||||||
Pool #848048, 5.588%, 05/01/37(a) | 5,318 | 5,633 | ||||||
Pool #1J0533, 3.497%, 07/01/37(a) | 45 | 47 | ||||||
Pool #1N1664, 5.968%, 07/01/37(a) | 12,155 | 12,912 | ||||||
Pool #1J0681, 5.968%, 10/01/37(a) | 14,008 | 14,922 | ||||||
Pool #1Q0981, 5.679%, 11/01/37(a) | 9,433 | 9,994 | ||||||
Pool #1Q0652, 5.679%, 02/01/38(a) | 5,712 | 6,056 | ||||||
Pool #1Q0902, 5.046%, 03/01/38(a) | 6,935 | 7,304 | ||||||
Pool #1Q0976, 5.323%, 06/01/38(a) | 28,201 | 30,073 | ||||||
Pool #1Q1030, 4.716%, 11/01/38(a) | 21,298 | 22,137 | ||||||
Pool #1Q0969, 5.273%, 11/01/38(a) | 14,647 | 15,438 | ||||||
Pool #1Q1039, 5.299%, 03/01/39(a) | 8,089 | 8,586 | ||||||
Pool #1Q1016, 5.123%, 04/01/39(a) | 8,005 | 8,456 | ||||||
Pool #1B4755, 3.511%, 06/01/40(a) | 18,648 | 19,289 | ||||||
386,433 | ||||||||
Federal National Mortgage Association (36.1%) | ||||||||
Pool #555221, 6.253%, 04/01/11 | 220 | 220 | ||||||
Pool #383342, 6.480%, 04/01/11 | 2,681 | 2,679 | ||||||
Pool #109130, 7.360%, 04/01/11 | 407 | 407 | ||||||
Pool #535862, 6.045%, 05/01/11 | 1,295 | 1,294 | ||||||
Pool #535869, 6.085%, 05/01/11 | 1,168 | 1,176 | ||||||
Pool #545059, 6.199%, 05/01/11 | 1,121 | 1,120 | ||||||
Pool #460408, 6.200%, 05/01/11 | 783 | 782 | ||||||
Pool #386976, 4.590%, 06/01/11 | 1,956 | 1,955 | ||||||
Pool #873657, 5.580%, 06/01/11 | 478 | 478 | ||||||
Pool #384000, 6.260%, 07/01/11 | 588 | 588 | ||||||
Pool #383788, 6.455%, 07/01/11 | 90 | 90 | ||||||
Pool #383875, 6.500%, 07/01/11 | 1,197 | 1,196 | ||||||
Pool #735025, 5.414%, 08/01/11 | 361 | 361 | ||||||
Pool #384178, 6.100%, 08/01/11 | 184 | 184 | ||||||
Pool #460481, 6.280%, 08/01/11 | 11,137 | 11,131 | ||||||
Pool #383848, 6.370%, 08/01/11 | 4,424 | 4,422 | ||||||
Pool #384077, 6.400%, 08/01/11 | 41 | 41 | ||||||
Pool #384123, 6.450%, 08/01/11 | 588 | 588 | ||||||
Pool #384191, 6.000%, 09/01/11 | 1,178 | 1,178 | ||||||
Pool #384182, 6.050%, 09/01/11 | 4,267 | 4,265 | ||||||
Pool #460515, 6.062%, 09/01/11 | 369 | 373 | ||||||
Pool #384333, 5.890%, 10/01/11 | 1,312 | 1,316 | ||||||
Pool #545210, 5.899%, 10/01/11 | 1,508 | 1,507 | ||||||
Pool #545209, 6.119%, 10/01/11 | 788 | 788 | ||||||
Pool #384419, 5.630%, 11/01/11 | 1,591 | 1,596 | ||||||
Pool #545320, 5.687%, 11/01/11 | 834 | 840 | ||||||
Pool #545269, 5.733%, 11/01/11 | 465 | 467 | ||||||
Pool #545261, 5.804%, 11/01/11 | 3,091 | 3,101 | ||||||
Pool #545322, 5.866%, 11/01/11 | 1,316 | 1,315 | ||||||
Pool #760657, 4.630%, 12/01/11 | 1,428 | 1,450 | ||||||
Pool #384551, 5.310%, 12/01/11 | 311 | 314 | ||||||
Pool #545378, 5.418%, 12/01/11 | 376 | 379 | ||||||
Pool #545316, 5.615%, 12/01/11 | 106 | 107 | ||||||
Pool #384553, 5.850%, 12/01/11 | 4,776 | 4,811 | ||||||
Pool #545321, 5.398%, 01/01/12 | 239 | 242 | ||||||
Pool #545387, 5.884%, 01/01/12 | 1,469 | 1,497 | ||||||
Pool #384569, 6.200%, 01/01/12 | 1,275 | 1,290 | ||||||
Pool #874333, 5.620%, 02/01/12 | 6,915 | 7,021 | ||||||
Pool #545471, 5.914%, 02/01/12 | 5,592 | 5,700 | ||||||
Pool #384762, 6.005%, 02/01/12 | 2,944 | 2,989 | ||||||
Pool #545423, 6.045%, 02/01/12 | 2,183 | 2,217 | ||||||
Pool #384797, 6.090%, 02/01/12 | 966 | 982 | ||||||
Pool #545527, 6.129%, 02/01/12 | 6,323 | 6,476 | ||||||
Pool #545425, 6.151%, 02/01/12 | 3,085 | 3,135 | ||||||
Pool #874381, 5.470%, 03/01/12 | 1,000 | 985 | ||||||
Pool #545547, 6.063%, 03/01/12 | 404 | 411 | ||||||
Pool #760762, 4.890%, 04/01/12 | 3,825 | 3,919 | ||||||
Pool #545685, 5.723%, 04/01/12 | 1,144 | 1,143 | ||||||
Pool #545708, 6.062%, 05/01/12 | 896 | 912 | ||||||
Pool #385082, 6.180%, 05/01/12 | 4,418 | 4,543 | ||||||
Pool #385007, 6.470%, 05/01/12 | 256 | 264 | ||||||
Pool #385234, 6.060%, 06/01/12 | 980 | 1,011 | ||||||
Pool #385284, 5.610%, 07/01/12 | 110 | 114 | ||||||
Pool #385290, 5.780%, 07/01/12 | 1,440 | 1,509 | ||||||
Pool #545745, 6.108%, 07/01/12 | 619 | 640 | ||||||
Pool #385278, 6.110%, 07/01/12 | 1,931 | 1,999 | ||||||
Pool #555088, 6.316%, 08/01/12 | 497 | 514 | ||||||
Pool #385520, 5.410%, 09/01/12 | 308 | 319 | ||||||
Pool #385395, 5.530%, 09/01/12 | 1,805 | 1,871 | ||||||
Pool #545987, 5.835%, 09/01/12 | 664 | 693 | ||||||
Pool #545892, 5.235%, 10/01/12 | 636 | 660 | ||||||
Pool #375459, 6.775%, 10/01/12 | 2,372 | 2,488 | ||||||
Pool #313755, 7.000%, 10/01/12 | 49 | 50 | ||||||
Pool #545978, 4.768%, 11/01/12 | 1,502 | 1,553 | ||||||
Pool #545938, 5.111%, 11/01/12 | 1,341 | 1,391 | ||||||
Pool #385578, 5.450%, 11/01/12 | 2,270 | 2,351 | ||||||
Pool #375493, 6.925%, 11/01/12 | 1,920 | 2,020 | ||||||
Pool #555058, 4.790%, 12/01/12 | 2,353 | 2,433 | ||||||
Pool #873198, 5.150%, 12/01/12 | 1,396 | 1,437 | ||||||
Pool #555162, 4.826%, 01/01/13 | 2,557 | 2,670 | ||||||
Pool #382254, 7.560%, 01/01/13 | 754 | 808 | ||||||
Pool #385683, 4.830%, 02/01/13 | 4,343 | 4,544 | ||||||
Pool #385921, 4.830%, 02/01/13 | 193 | 202 | ||||||
Pool #555191, 4.856%, 02/01/13 | 1,608 | 1,683 | ||||||
Pool #555264, 4.959%, 02/01/13 | 1,272 | 1,326 | ||||||
Pool #873294, 5.100%, 02/01/13 | 2,205 | 2,332 | ||||||
Pool #385998, 4.635%, 03/01/13 | 390 | 407 | ||||||
Pool #555317, 4.871%, 04/01/13 | 3,141 | 3,296 | ||||||
Pool #873590, 5.470%, 04/01/13 | 366 | 387 | ||||||
Pool #555435, 4.518%, 05/01/13 | 155 | 163 | ||||||
Pool #386210, 4.080%, 06/01/13 | 4,344 | 4,515 | ||||||
Pool #386287, 4.115%, 06/01/13 | 8,696 | 9,100 |
148
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Federal National Mortgage Association—continued | ||||||||
Pool #873612, 5.770%, 06/01/13 | 1,275 | 1,360 | ||||||
Pool #386314, 3.790%, 07/01/13 | 4,030 | 4,173 | ||||||
Pool #386424, 4.190%, 07/01/13 | 342 | 358 | ||||||
Pool #386380, 4.210%, 07/01/13 | 364 | 380 | ||||||
Pool #386341, 3.810%, 08/01/13 | 52 | 54 | ||||||
Pool #735065, 4.485%, 08/01/13 | 433 | 456 | ||||||
Pool #555910, 4.919%, 10/01/13 | 6,122 | 6,463 | ||||||
Pool #555806, 5.159%, 10/01/13 | 3,437 | 3,658 | ||||||
Pool #555850, 4.817%, 11/01/13 | 667 | 707 | ||||||
Pool #380935, 6.250%, 12/01/13 | 770 | 813 | ||||||
Pool #AD0192, 4.723%, 01/01/14 | 3,076 | 3,255 | ||||||
Pool #386742, 4.870%, 01/01/14 | 4,894 | 5,205 | ||||||
Pool #386802, 4.900%, 01/01/14 | 4,248 | 4,512 | ||||||
Pool #958216, 5.370%, 01/01/14 | 2,991 | 3,221 | ||||||
Pool #958368, 4.710%, 03/01/14 | 12,535 | 13,362 | ||||||
Pool #958789, 3.920%, 06/01/14 | 8,490 | 8,905 | ||||||
Pool #462846, 4.150%, 07/01/14 | 1,286 | 1,357 | ||||||
Pool #375190, 7.440%, 11/01/14 | 3,184 | 3,357 | ||||||
Pool #387302, 4.700%, 03/01/15 | 506 | 540 | ||||||
Pool #375103, 7.660%, 05/01/15 | 1,243 | 1,302 | ||||||
Pool #735675, 4.988%, 06/01/15 | 4,853 | 5,158 | ||||||
Pool #387486, 4.700%, 07/01/15 | 729 | 753 | ||||||
Pool #380240, 6.590%, 05/01/16 | 922 | 968 | ||||||
Pool #463420, 4.050%, 09/01/16 | 6,576 | 6,821 | ||||||
Pool #545414, 5.500%, 01/01/17 | 1,335 | 1,448 | ||||||
Pool #888969, 5.965%, 11/01/17 | 2,808 | 3,058 | ||||||
Pool #931675, 5.500%, 01/01/18 | 4,861 | 5,272 | ||||||
Pool #995511, 5.500%, 12/01/18 | 9,852 | 10,686 | ||||||
Pool #466804, 0.840%, 12/01/20(a) | 13,370 | 13,370 | ||||||
Pool #995426, 5.500%, 09/01/21 | 11,495 | 12,475 | ||||||
Pool #995434, 5.000%, 09/01/23 | 7,713 | 8,258 | ||||||
Pool #635082, 2.443%, 05/01/32(a) | 146 | 153 | ||||||
Pool #604921, 2.288%, 10/01/32(a) | 139 | 144 | ||||||
Pool #671993, 2.265%, 12/01/32(a) | 18 | 19 | ||||||
Pool #AE0044, 5.127%, 03/01/33(a) | 4,366 | 4,641 | ||||||
Pool #689966, 2.510%, 04/01/33(a) | 1,151 | 1,208 | ||||||
Pool #555468, 2.385%, 05/01/33(a) | 343 | 358 | ||||||
Pool #711466, 2.755%, 05/01/33(a) | 34 | 34 | ||||||
Pool #733703, 2.736%, 08/01/33(a) | 4,648 | 4,881 | ||||||
Pool #555756, 4.509%, 08/01/33(a) | 4,243 | 4,507 | ||||||
Pool #555844, 2.467%, 10/01/33(a) | 424 | 445 | ||||||
Pool #725126, 2.750%, 12/01/33(a) | 2,951 | 3,077 | ||||||
Pool #793025, 2.049%, 07/01/34(a) | 773 | 805 | ||||||
Pool #801510, 2.025%, 08/01/34(a) | 2,041 | 2,126 | ||||||
Pool #725799, 4.440%, 08/01/34(a) | 4,503 | 4,722 | ||||||
Pool #794939, 1.885%, 10/01/34(a) | 30 | 31 | ||||||
Pool #813565, 2.304%, 12/01/34(a) | 4,219 | 4,392 | ||||||
Pool #805338, 2.327%, 01/01/35(a) | 358 | 373 | ||||||
Pool #809384, 2.340%, 01/01/35(a) | 435 | 454 | ||||||
Pool #888785, 4.158%, 01/01/35(a) | 8,228 | 8,569 | ||||||
Pool #809772, 2.403%, 02/01/35, TBA(a)(c) | 442 | 462 | ||||||
Pool #820598, 2.009%, 03/01/35(a) | 992 | 1,021 | ||||||
Pool #814686, 2.349%, 03/01/35(a) | 264 | 266 | ||||||
Pool #735545, 2.596%, 03/01/35(a) | 5,945 | 6,251 | ||||||
Pool #822302, 2.642%, 05/01/35(a) | 1,190 | 1,249 | ||||||
Pool #821373, 5.275%, 06/01/35(a) | 2,385 | 2,544 | ||||||
Pool #735766, 4.751%, 07/01/35(a) | 2,498 | 2,636 | ||||||
Pool #735810, 3.120%, 08/01/35(a) | 1,934 | 2,019 | ||||||
Pool #829334, 2.642%, 09/01/35(a) | 154 | 162 | ||||||
Pool #817467, 5.118%, 09/01/35(a) | 5,660 | 6,025 | ||||||
Pool #847978, 5.110%, 11/01/35(a) | 7,892 | 8,382 | ||||||
Pool #AD0377, 2.078%, 01/01/36(a) | 3,869 | 4,039 | ||||||
Pool #995540, 2.524%, 01/01/36 | 10,685 | 11,266 | ||||||
Pool #995542, 2.537%, 02/01/36(a) | 5,191 | 5,452 | ||||||
Pool #AD0906, 3.387%, 04/01/36(a) | 7,993 | 8,360 | ||||||
Pool #AD0379, 2.875%, 06/01/36(a) | 8,859 | 9,315 | ||||||
Pool #AE0329, 4.768%, 06/01/36(a) | 4,956 | 5,209 | ||||||
Pool #884743, 5.006%, 08/01/36(a) | 10,061 | 10,560 | ||||||
Pool #884751, 5.021%, 08/01/36(a) | 8,487 | 8,882 | ||||||
Pool #888859, 4.829%, 10/01/36 | 1,799 | 1,892 | ||||||
Pool #745975, 5.255%, 11/01/36(a) | 5,373 | 5,659 | ||||||
Pool #903166, 5.926%, 11/01/36(a) | 4,342 | 4,588 | ||||||
Pool #AD0376, 2.558%, 12/01/36(a) | 8,976 | 9,418 | ||||||
Pool #905857, 2.795%, 12/01/36(a) | 276 | 292 | ||||||
Pool #909313, 5.673%, 12/01/36(a) | 1,202 | 1,277 | ||||||
Pool #888180, 2.471%, 01/01/37(a) | 3,483 | 3,631 | ||||||
Pool #906326, 5.570%, 01/01/37(a) | 10,907 | 11,544 | ||||||
Pool #906216, 5.940%, 01/01/37(a) | 4,427 | 4,699 | ||||||
Pool #535990, 2.612%, 04/01/37(a) | 1,096 | 1,154 | ||||||
Pool #AD0908, 4.010%, 07/01/37(a) | 9,494 | 9,933 | ||||||
Pool #AD0381, 4.839%, 07/01/37(a) | 7,330 | 7,651 | ||||||
Pool #995059, 5.450%, 08/01/37(a) | 4,266 | 4,537 | ||||||
Pool #AD0380, 2.653%, 10/01/37(a) | 14,627 | 15,362 | ||||||
Pool #AE0332, 5.750%, 11/01/37(a) | 15,107 | 16,000 | ||||||
Pool #AE0107, 5.360%, 10/01/38(a) | 8,229 | 8,775 | ||||||
Pool #AE0279, 4.904%, 11/01/38(a) | 3,757 | 3,966 | ||||||
Pool #725874, 2.561%, 09/01/39(a) | 147 | 155 | ||||||
Pool #AE0066, 3.286%, 09/01/39(a) | 37,562 | 39,155 | ||||||
Pool #49720 6.500%, 07/01/34, TBA(c) | 25,000 | 28,020 | ||||||
595,183 | ||||||||
Total U.S. Government Agency Mortgages (Cost $970,178) | 981,616 | |||||||
149
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Money Market Fund (7.2%) | ||||||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.02%(d) | 117,767,680 | 117,768 | ||||||
Total Money Market Fund (Cost $117,768) | 117,768 | |||||||
Total Investments (Cost $1,650,690)(e) — 100.9% | 1,663,758 | |||||||
Liabilities in excess of other assets — (0.9)% | (14,966 | ) | ||||||
Net Assets — 100.0% | $ | 1,648,792 | ||||||
(a) | Variable or floating rate security. Rate disclosed is as of March 31, 2011. | |
(b) | Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser/subadviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 0.3% of net assets as of March 31, 2011. |
(c) | All or a portion of this security has been segregated or otherwise earmarked as coverage to meet future obligations. |
(d) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(e) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
TBA | — To Be Announced. Securities purchased on a forward commitment basis with an appropriate principal amount and no definitive maturity date. The actual principal and maturity date will be determined upon settlement date. |
150
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Municipal Bonds (96.8%) | ||||||||
District of Columbia (3.8%) | ||||||||
Metropolitan Washington D.C. Airports Authority, Airport System, Ser A, RB, 5.000%, 10/01/29, Callable 10/01/20 @ 100 | 2,500 | 2,517 | ||||||
Metropolitan Washington D.C. Airports Authority, Airport System, Ser B, RB, 5.000%, 10/01/26, Callable 10/01/19 @ 100, BHAC | 2,175 | 2,226 | ||||||
Washington D.C. Metropolitan Area Transit Authority, Gross Revenue, Ser A, RB, 5.125%, 07/01/32, Callable 07/01/19 @ 100 | 2,000 | 2,029 | ||||||
6,772 | ||||||||
Puerto Rico (1.2%) | ||||||||
Puerto Rico Sales Tax Financing Corp., Sales Tax Revenue, Ser A, RB, 5.250%, 08/01/27, Callable 08/01/19 @ 100 | 2,100 | 2,055 | ||||||
Virginia (91.8%) | ||||||||
Arlington County, GO, 5.000%, 03/15/15 | 4,500 | 5,123 | ||||||
Arlington County Industrial Development Authority Hospital Facilities, RB, 5.000%, 07/01/31, Callable 07/01/20 @ 100 | 1,500 | 1,419 | ||||||
Bedford County Economic Development Authority, Public Facilities Lease, RB, 5.250%, 05/01/24, Callable 05/10/16 @ 100, NATL-RE | 2,890 | 2,995 | ||||||
Capital Region Airport Commission, Ser A, RB, 5.000%, 07/01/18, Callable 07/01/15 @ 100, AGM | 1,025 | 1,091 | ||||||
Chesapeake Water & Sewer, GO, 5.000%, 12/01/19, Callable 12/01/14 @ 101 | 2,465 | 2,655 | ||||||
Fairfax County Economic Development Authority, Lease Revenue, RB, 5.000%, 05/15/18 | 1,770 | 1,992 | ||||||
Fauquier County, GO, 5.000%, 07/01/19, Callable 07/01/16 @ 100, NATL-RE | 2,100 | 2,316 | ||||||
Greater Richmond Convention Center Authority, Hotel Tax, RB, 5.000%, 06/15/16, Callable 06/15/15 @ 100, NATL-RE | 2,855 | 3,076 | ||||||
Hampton, Ser A, GO, 5.000%, 01/15/20, Callable 01/15/19 @ 100 | 1,000 | 1,132 | ||||||
Hampton Roads Sanitation District Wastewater, RB, 5.000%, 04/01/23, Callable 04/01/18 @ 100 | 1,060 | 1,140 | ||||||
Hampton Roads Sanitation District Wastewater, RB, 5.000%, 04/01/24, Callable 04/01/18 @ 100 | 2,425 | 2,587 | ||||||
Hanover County Development Authority, Regional Medical Care Project, RB, 6.375%, 08/15/18, NATL-RE | 6,100 | 6,710 | ||||||
Henrico County Economic Development Authority, Beth Sholom Assisted Living Project, Ser A, RB, 5.850%, 07/20/19, Callable 07/20/11 @ 100, GNMA | 365 | 367 | ||||||
Henrico County Economic Development Authority, Beth Sholom Assisted Living Project, Ser A, RB, 5.900%, 07/20/29, Callable 07/20/11 @ 100, GNMA | 500 | 501 | ||||||
Henrico County Economic Development Authority, Residential Care Facilities, Ser A, RB, 6.500%, 06/01/22, Callable 06/01/12 @ 100, MSF | 1,040 | 1,037 | ||||||
Henry County Public Service Authority, Water & Sewer, RB, 5.250%, 11/15/13, MSF, AGM | 1,500 | 1,656 | ||||||
James City County Economic Development Authority, Public Facility Project, RB, 5.000%, 06/15/21, Callable 06/15/17 @ 100, AGM | 2,215 | 2,358 | ||||||
Loudoun County Industrial Development Authority, Public Safety Facilities Lease, Ser A, RB, 5.250%, 12/15/17, Callable 06/15/14 @ 100, AGM | 1,110 | 1,220 |
151
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Virginia—continued | ||||||||
Loudoun County Sanitation Authority, Water & Sewage, RB, 5.000%, 01/01/21 | 2,460 | 2,817 | ||||||
Loudoun County Sanitation Authority, Water & Sewage, RB, 5.000%, 01/01/25, Callable 01/01/15 @ 100 | 1,000 | 1,055 | ||||||
Loudoun County, Public Improvement, GO, 5.000%, 06/01/14 | 3,500 | 3,933 | ||||||
New Kent County Economic Development Authority, School & Governmental Projects, RB, 5.000%, 02/01/18, Callable 02/01/17 @ 100, AGM | 2,225 | 2,455 | ||||||
Newport News, GO, 5.250%, 07/01/15 | 3,000 | 3,443 | ||||||
Peninsula Ports Authority, Residential Care Facility, Ser A, RB, 7.375%, 12/01/23, Prerefunded 12/01/13 @ 100 | 3,520 | 4,099 | ||||||
Pittsylvania County, GO, 5.000%, 03/01/21, Callable 03/01/20 @ 100 | 1,000 | 1,097 | ||||||
Pittsylvania County, Ser B, GO, 5.000%, 03/01/22, Callable 03/01/20 @ 100 | 1,000 | 1,086 | ||||||
Portsmouth, GO, 4.000%, 12/01/15 | 1,635 | 1,794 | ||||||
Portsmouth, GO, 5.250%, 07/15/24, Callable 07/15/19 @ 100 | 1,000 | 1,094 | ||||||
Portsmouth, GO, 5.000%, 07/01/15, NATL-RE | 2,285 | 2,599 | ||||||
Portsmouth, Ser D, GO, 5.000%, 07/15/23, Callable 07/15/20 @ 100 | 1,250 | 1,369 | ||||||
Powhatan County, GO, 5.000%, 01/15/32, Callable 01/15/20 @ 100 | 1,580 | 1,599 | ||||||
Richmond, GO, 5.000%, 07/15/18 | 2,000 | 2,305 | ||||||
Richmond, GO, 5.000%, 07/15/24, Callable 07/15/16 @ 100, AGM | 1,435 | 1,513 | ||||||
Richmond, Ser A, GO, 5.000%, 07/15/17, Callable 07/15/15 @ 100, AGM | 1,000 | 1,122 | ||||||
Richmond, Ser D, GO, 5.000%, 07/15/29, Callable 07/15/20 @ 100 | 1,125 | 1,177 | ||||||
Richmond Industrial Development Authority, Government Facilities, RB, 5.000%, 07/15/18, AMBAC | 1,795 | 1,929 | ||||||
Richmond Industrial Development Authority, Student Housing, RB, 5.450%, 01/01/21, Callable 01/01/13 @ 100 | 1,000 | 1,017 | ||||||
Roanoke, GO, 5.000%, 10/01/18 | 2,450 | 2,808 | ||||||
Roanoke, GO, 5.000%, 02/01/24, Callable 02/01/15 @ 101 | 2,500 | 2,635 | ||||||
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.500%, 07/01/18, Callable 07/01/12 @ 100, NATL-RE | 2,000 | 2,081 | ||||||
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.500%, 07/01/21, Callable 07/01/12 @ 100, NATL-RE | 1,000 | 1,031 | ||||||
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.750%, 07/01/14, Callable 07/01/12 @ 100, NATL-RE | 2,000 | 2,097 | ||||||
Smyth County Industrial Development Authority, Mountain States Health Alliance, RB, 5.000%, 07/01/23, Callable 07/01/20 @ 100 | 1,415 | 1,356 | ||||||
Spotsylvania County Water & Sewer System, Ser A, RB, 5.000%, 06/01/29, Callable 06/01/20 @ 100 | 1,020 | 1,051 | ||||||
Stafford County & Staunton Industrial Development Authority, Ser B, RB, 5.000%, 08/01/25, Callable 08/01/17 @ 100, XLCA | 2,500 | 2,495 | ||||||
Stafford County & Staunton Industrial Development Authority, Ser C, RB, 5.250%, 02/01/20, Callable 02/01/17 @ 100, XLCA | 2,165 | 2,293 | ||||||
Tobacco Settlement Financing Corp., RB, 5.500%, 06/01/26, Prerefunded 06/01/15 @ 100, MSF | 4,940 | 5,467 |
152
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Virginia—continued | ||||||||
Virginia Beach, Public Improvement, GO, 5.000%, 05/01/13 | 2,000 | 2,178 | ||||||
Virginia Beach, Public Improvement, GO, 5.000%, 09/15/16 | 2,325 | 2,693 | ||||||
Virginia College Building Authority, Educational Facilities Project, Ser A, RB, 5.000%, 02/01/15, Prerefunded 02/01/14 @ 100 | 4,000 | 4,459 | ||||||
Virginia College Building Authority, Educational Facilities Project, Ser B, RB, 5.000%, 03/01/21 | 1,250 | 1,424 | ||||||
Virginia College Building Authority, Educational Facilities Project, Washington & Lee University, RB, 5.375%, 01/01/21, Sinkable 01/01/16 @ 100, MSF | 3,950 | 4,514 | ||||||
Virginia College Building Authority, Public Higher Educational Financing Program, Ser A, RB, 5.000%, 09/01/17, Callable 09/01/16 @ 100 | 3,000 | 3,386 | ||||||
Virginia College Building Authority, Public Higher Educational Financing Program, Ser A, RB, 5.000%, 09/01/27, Callable 09/01/18 @ 100 | 5,000 | 5,227 | ||||||
Virginia College Building Authority, Public Higher Educational Financing Program, Ser B, RB, 5.000%, 09/01/13 | 3,000 | 3,297 | ||||||
Virginia Housing Development Authority, Commonwealth Mortgage, Ser A-1, RB, 3.650%, 01/01/18, GO | 1,205 | 1,246 | ||||||
Virginia Housing Development Authority, Commonwealth Mortgage, Ser E, RB, 6.000%, 07/01/25, Callable 07/01/18 @ 100, GO | 2,450 | 2,579 | ||||||
Virginia Polytechnic Institute & State University, Ser D, RB, 5.125%, 06/01/21, Callable 06/01/14 @ 101, AMBAC | 2,095 | 2,215 | ||||||
Virginia Public Building Authority Facilities, Ser B, RB, 5.000%, 08/01/20, Callable 08/01/19 @ 100 | 4,000 | 4,503 | ||||||
Virginia Public School Authority, School Financing, RB, 5.000%, 07/15/26, Callable 07/15/18 @ 100 | 2,000 | 2,107 | ||||||
Virginia Public School Authority, School Financing 1997 Resolution, Ser A, RB, 5.000%, 08/01/30, Callable 08/01/20 @ 100 | 1,000 | 1,034 | ||||||
Virginia Resources Authority, Clean Water State Revolving Fund, Ser B, RB, 5.000%, 10/01/30, Callable 10/01/20 @ 100 | 2,000 | 2,102 | ||||||
Virginia Resources Authority, Clean Water State Revolving Fund, RB, 5.000%, 10/01/20, Callable 10/01/17 @ 100 | 2,000 | 2,212 | ||||||
Virginia Resources Authority, Clean Water State Revolving Fund, RB, 5.000%, 10/01/27, Callable 10/01/19 @ 100 | 2,000 | 2,131 | ||||||
Virginia Resources Authority Clean Water, Revolving Fund, RB, 5.000%, 10/01/16 | 2,030 | 2,348 | ||||||
Virginia Resources Authority Clean Water, Revolving Fund, Ser C, RB, 5.000%, 11/01/20 | 2,085 | 2,340 | ||||||
Virginia Resources Authority Infrastructure, Pooled Financing Program, Ser A, RB, 5.000%, 11/01/18 | 2,775 | 3,196 | ||||||
Virginia State, Ser A, GO, 5.000%, 06/01/19, Prerefunded 06/01/14 @ 100 | 3,170 | 3,570 | ||||||
Western Regional Jail Authority, Jail Facilities, RB, 4.750%, 06/01/23, Callable 06/01/17 @ 100, NATL-RE | 2,255 | 2,317 | ||||||
Winchester, GO, 5.000%, 11/01/18, Callable 11/01/15 @ 100, NATL-RE, FGIC | 2,000 | 2,217 | ||||||
163,487 | ||||||||
Total Municipal Bonds (Cost $166,941) | 172,314 | |||||||
153
Shares or | ||||||||
Principal | ||||||||
Amount($) | Value($) | |||||||
Money Market Fund (0.3%) | ||||||||
Federated Virginia Municipal Cash Trust, Institutional Shares, 0.01%(a) | 442,704 | 443 | ||||||
Total Money Market Fund (Cost $443) | 443 | |||||||
Total Investments (Cost $167,384)(b) — 97.1% | 172,757 | |||||||
Other assets in excess of liabilities — 2.9% | 5,250 | |||||||
Net Assets — 100.0% | $ | 178,007 | ||||||
(a) | Rate disclosed, the 7 day net yield, is as of March 31, 2011. | |
(b) | See Federal Tax Information listed in the Notes to Financial Statements for tax-basis cost. |
AGM | — Security guaranteed by Assured Guaranty Municipal Corporation | |
AMBAC | — Security guaranteed by American Municipal Bond Assurance Corporation | |
BHAC | — Security guaranteed by Berkshire Hathaway Assurance Corporation | |
FGIC | — Security guaranteed by Financial Guaranty Insurance Company | |
GNMA | — Security guaranteed by Government National Mortgage Association | |
GO | — General Obligation | |
MSF | — Mandatory Sinking Fund | |
NATL-RE | — Reinsurance provided by National Public Finance Guarantee Corporation |
RB | — Revenue Bond | |
XLCA | — Security guaranteed by XL Capital Assurance, Inc. |
154
High | ||||||||||||||||||||
Georgia | Grade | |||||||||||||||||||
Corporate | Tax-Exempt | Municipal | High | Intermediate | ||||||||||||||||
Bond Fund | Bond Fund | Bond Fund | Income Fund | Bond Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $ | 75,474 | $ | 165,449 | $ | 54,041 | $ | 517,786 | $ | 1,270,192 | ||||||||||
Total Investments, at Value* | $ | 80,569 | $ | 164,169 | $ | 55,308 | $ | 536,567 | $ | 1,304,722 | ||||||||||
Cash | — | — | — | 44 | 3,347 | |||||||||||||||
Interest and Dividends Receivable | 1,096 | 1,987 | 709 | 7,649 | 10,564 | |||||||||||||||
Appreciated Credit Default Swap Agreements, at Value | — | — | — | 23 | 336 | |||||||||||||||
Receivable for Capital Shares Issued | 2 | 1 | 26 | 2,403 | 2,578 | |||||||||||||||
Receivable for Investment Securities Sold | 490 | — | 2,074 | 4,770 | 61,252 | |||||||||||||||
Prepaid Expenses and Other Assets | 12 | 5 | — | 3 | 13 | |||||||||||||||
Total Assets | 82,169 | 166,162 | 58,117 | 551,459 | 1,382,812 | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 236 | — | 2,321 | 24,554 | 47,546 | |||||||||||||||
Payable for Capital Shares Redeemed | 252 | — | 9 | 912 | 1,418 | |||||||||||||||
Payable Upon Return of Securities Loaned | — | — | — | 44,162 | 11,940 | |||||||||||||||
Income Distributions Payable | 93 | 503 | 136 | 576 | 1,635 | |||||||||||||||
Depreciated Credit Default Swap Agreements, at Value | — | — | — | 34 | — | |||||||||||||||
Investment Advisory Fees Payable | 29 | 80 | 17 | 234 | 271 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees Payable | 12 | 14 | 5 | 14 | 110 | |||||||||||||||
Compliance and Fund Services Fees Payable | 1 | 3 | 1 | 7 | 23 | |||||||||||||||
Distribution and Service Fees Payable | 14 | 1 | 1 | 22 | 3 | |||||||||||||||
Shareholder Servicing Fees Payable | 3 | — | — | 12 | 42 | |||||||||||||||
Custodian Fees Payable | 4 | 4 | 3 | 9 | 31 | |||||||||||||||
Accrued Expenses | 2 | 4 | 15 | 10 | 52 | |||||||||||||||
Total Liabilities | 646 | 609 | 2,508 | 70,546 | 63,071 | |||||||||||||||
Total Net Assets | $ | 81,523 | $ | 165,553 | $ | 55,609 | $ | 480,913 | $ | 1,319,741 | ||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $ | 74,788 | $ | 174,205 | $ | 55,335 | $ | 456,783 | $ | 1,290,675 | ||||||||||
Accumulated Net Investment Income (Loss) | (325 | ) | 193 | (7 | ) | (41 | ) | (2,941 | ) | |||||||||||
Accumulated Net Realized Gain (Loss) from Investment and Swap Transactions | 1,965 | (7,565 | ) | (986 | ) | 5,411 | (2,456 | ) | ||||||||||||
Net Unrealized Appreciation/Deprecation on Investments, Swaps and Foreign Currencies | 5,095 | (1,280 | ) | 1,267 | 18,760 | 34,463 | ||||||||||||||
Net Assets | $ | 81,523 | $ | 165,553 | $ | 55,609 | $ | 480,913 | �� | $ | 1,319,741 | |||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $ | 63,132 | $ | 159,996 | $ | 47,695 | $ | 394,690 | $ | 1,305,914 | ||||||||||
A Shares | 2,198 | 5,557 | 7,914 | 70,552 | 12,926 | |||||||||||||||
C Shares | 16,193 | — | — | — | — | |||||||||||||||
R Shares | — | — | — | 15,671 | 901 | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 6,581 | 16,436 | 4,369 | 54,176 | 126,226 | |||||||||||||||
A Shares | 228 | 570 | 725 | 9,677 | 1,249 | |||||||||||||||
C Shares | 1,688 | — | — | — | — | |||||||||||||||
R Shares | — | — | — | 2,150 | 87 | |||||||||||||||
Net Asset Value and Redemption Price Per Share:(a) | ||||||||||||||||||||
I Shares | $ | 9.59 | $ | 9.73 | $ | 10.92 | $ | 7.29 | (c) | $ | 10.35 | |||||||||
A Shares | 9.64 | 9.75 | 10.92 | 7.29 | 10.35 | |||||||||||||||
C Shares(b) | 9.59 | — | — | — | — | |||||||||||||||
R Shares | — | — | — | 7.29 | 10.35 | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $ | 10.12 | $ | 10.24 | $ | 11.46 | $ | 7.65 | $ | 10.87 | ||||||||||
Maximum Sales Charge — A Shares | 4.75 | % | 4.75 | % | 4.75 | % | 4.75 | % | 4.75 | % |
* | Investments include securities on loan of $–, $–, $–, $41,578, $11,678, respectively. |
(a) | Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding. |
(b) | Redemption price per share varies based on length of time shares are held. |
(c) | Net Asset Value (“NAV”) varies from NAV reported to shareholders on March 31, 2011, as these financial statements are prepared inclusive of trade date adjustments. |
155
Investment | Limited-Term | |||||||||||||||||||
Investment | Grade | Federal | Maryland | |||||||||||||||||
Grade | Tax-Exempt | Limited | Mortgage | Municipal | ||||||||||||||||
Bond Fund | Bond Fund | Duration Fund | Securities Fund | Bond Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $ | 306,550 | $ | 1,099,009 | $ | 22,524 | $ | 41,293 | $ | 24,854 | ||||||||||
Total Investments, at Value | $ | 318,431 | $ | 1,106,324 | $ | 22,609 | $ | 41,481 | $ | 25,202 | ||||||||||
Cash | 1,860 | — | — | — | — | |||||||||||||||
Interest and Dividends Receivable | 3,157 | 11,945 | 7 | 154 | 250 | |||||||||||||||
Appreciated Credit Default Swap Agreements, at Value | 83 | — | — | — | — | |||||||||||||||
Receivable for Capital Shares Issued | 458 | 675 | — | 1,152 | — | |||||||||||||||
Receivable for Investment Securities Sold | 7,569 | 8,463 | — | 2,980 | — | |||||||||||||||
Prepaid Expenses and Other Assets | 7 | 21 | 3 | 4 | 5 | |||||||||||||||
Total Assets | 331,565 | 1,127,428 | 22,619 | 45,771 | 25,457 | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | 8,203 | 25,314 | 725 | 4,832 | — | |||||||||||||||
Payable for Capital Shares Redeemed | 1,358 | 1,364 | — | 55 | — | |||||||||||||||
Income Distributions Payable | 119 | 1,240 | 4 | 30 | 57 | |||||||||||||||
Investment Advisory Fees Payable | 141 | 454 | 2 | 16 | 12 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees Payable | 30 | 117 | 1 | 4 | 1 | |||||||||||||||
Compliance and Fund Services Fees Payable | 6 | 18 | — | 1 | — | |||||||||||||||
Distribution and Service Fees Payable | 8 | 8 | — | 7 | 1 | |||||||||||||||
Shareholder Servicing Fees Payable | 3 | 14 | — | — | — | |||||||||||||||
Custodian Fees Payable | 23 | 10 | 3 | 4 | 2 | |||||||||||||||
Accrued Expenses | 8 | 28 | 1 | 1 | 1 | |||||||||||||||
Total Liabilities | 9,899 | 28,567 | 736 | 4,950 | 74 | |||||||||||||||
Total Net Assets | $ | 321,666 | $ | 1,098,861 | $ | 21,883 | $ | 40,821 | $ | 25,383 | ||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $ | 310,759 | $ | 1,099,250 | $ | 23,359 | $ | 57,946 | $ | 25,057 | ||||||||||
Accumulated Net Investment Income (Loss) | (924 | ) | (224 | ) | (3 | ) | (37 | ) | (42 | ) | ||||||||||
Accumulated Net Realized Gain (Loss) from Investment, Swap and Foreign Currency Transactions | (34 | ) | (7,480 | ) | (1,558 | ) | (17,276 | ) | 20 | |||||||||||
Net Unrealized Appreciation on Investments and Swaps | 11,865 | 7,315 | 85 | 188 | 348 | |||||||||||||||
Net Assets | $ | 321,666 | $ | 1,098,861 | $ | 21,883 | $ | 40,821 | $ | 25,383 | ||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $ | 295,931 | $ | 1,067,672 | $ | 21,883 | $ | 30,522 | $ | 21,302 | ||||||||||
A Shares | 19,087 | 31,189 | — | 2,924 | 4,081 | |||||||||||||||
C Shares | — | — | — | 7,375 | — | |||||||||||||||
R Shares | 6,648 | — | — | — | — | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 26,893 | 91,637 | 2,241 | 2,882 | 2,097 | |||||||||||||||
A Shares | 1,735 | 2,674 | — | 277 | 402 | |||||||||||||||
C Shares | — | — | — | 697 | — | |||||||||||||||
R Shares | 604 | — | — | — | — | |||||||||||||||
Net Asset Value and Redemption Price Per Share:(a) | ||||||||||||||||||||
I Shares | $ | 11.00 | $ | 11.65 | $ | 9.76 | $ | 10.59 | $ | 10.16 | ||||||||||
A Shares | 11.00 | 11.66 | — | 10.57 | 10.16 | |||||||||||||||
C Shares(b) | — | — | — | 10.59 | — | |||||||||||||||
R Shares | 11.01 | — | — | — | — | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $ | 11.55 | $ | 12.24 | $ | — | $ | 10.84 | $ | 10.67 | ||||||||||
Maximum Sales Charge — A Shares | 4.75 | % | 4.75 | % | — | 2.50 | % | 4.75 | % |
(a) | Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding. |
(b) | Redemption price per share varies based on length of time shares are held. |
156
North Carolina | Seix Floating | |||||||||||||||||||
Tax-Exempt | Rate High | Seix Global | Seix High | Short-Term | ||||||||||||||||
Bond Fund | Income Fund | Strategy Fund | Yield Fund | Bond Fund | ||||||||||||||||
Assets: | ||||||||||||||||||||
Total Investments, at Cost | $ | 51,558 | $ | 3,350,446 | $ | 9,256 | $ | 1,689,450 | $ | 344,547 | ||||||||||
Total Investments, at Value* | $ | 51,520 | $ | 3,416,765 | $ | 9,259 | $ | 1,810,836 | $ | 348,599 | ||||||||||
Cash | — | — | — | 47 | — | |||||||||||||||
Cash Collateral Held at Broker | — | — | — | — | 1,061 | |||||||||||||||
Interest and Dividends Receivable | 716 | 14,552 | — | 33,338 | 2,345 | |||||||||||||||
Receivable for Capital Shares Issued | — | 20,001 | — | 11,135 | 423 | |||||||||||||||
Receivable for Investment Securities Sold | — | 48,251 | — | 48,306 | 4,281 | |||||||||||||||
Unrealized Appreciation on Forward Foreign Currency Contracts | — | — | 227 | — | — | |||||||||||||||
Receivable from Adviser | — | — | 3 | — | — | |||||||||||||||
Receivable for Futures Variation Margin | — | — | — | — | 6 | |||||||||||||||
Prepaid Expenses and Other Assets | 8 | 31 | — | 42 | 14 | |||||||||||||||
Total Assets | 52,244 | 3,499,600 | 9,489 | 1,903,704 | 356,729 | |||||||||||||||
Liabilities: | ||||||||||||||||||||
Payable for Investment Securities Purchased | — | 317,102 | 820 | 49,572 | — | |||||||||||||||
Payable for Closed Swap Agreements | — | — | 287 | — | — | |||||||||||||||
Payable for Capital Shares Redeemed | 1 | 3,515 | — | 1,783 | 624 | |||||||||||||||
Payable Upon Return of Securities Loaned | — | — | — | 83,050 | — | |||||||||||||||
Income Distributions Payable | 145 | 7,188 | — | 5,186 | 427 | |||||||||||||||
Unrealized Depreciation on Forward Foreign Currency Contracts | — | — | 163 | — | — | |||||||||||||||
Investment Advisory Fees Payable | 25 | 1,034 | — | 631 | 127 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees Payable | 3 | 137 | 1 | 155 | 28 | |||||||||||||||
Compliance and Fund Services Fees Payable | 1 | 42 | 1 | 29 | 7 | |||||||||||||||
Distribution and Service Fees Payable | — | 35 | — | 8 | 3 | |||||||||||||||
Shareholder Servicing Fees Payable | — | — | — | 3 | — | |||||||||||||||
Custodian Fees Payable | 3 | 119 | 4 | 14 | 13 | |||||||||||||||
Accrued Expenses | 1 | 63 | 18 | 42 | 11 | |||||||||||||||
Total Liabilities | 179 | 329,235 | 1,294 | 140,473 | 1,240 | |||||||||||||||
Total Net Assets | $ | 52,065 | $ | 3,170,365 | $ | 8,195 | $ | 1,763,231 | $ | 355,489 | ||||||||||
Net Assets Consist of: | ||||||||||||||||||||
Capital | $ | 53,729 | $ | 3,160,461 | $ | 9,337 | $ | 1,684,103 | $ | 358,194 | ||||||||||
Accumulated Net Investment Income (Loss) | (63 | ) | 246 | (203 | ) | 128 | 193 | |||||||||||||
Accumulated Net Realized Gain (Loss) from Investments, Futures and Swap Transactions | (1,563 | ) | (56,661 | ) | (1,006 | ) | (42,386 | ) | (6,950 | ) | ||||||||||
Net Unrealized Appreciation on Investments, Futures and Swaps | (38 | ) | 66,319 | 67 | 121,386 | 4,052 | ||||||||||||||
Net Assets | $ | 52,065 | $ | 3,170,365 | $ | 8,195 | $ | 1,763,231 | $ | 355,489 | ||||||||||
Net Assets: | ||||||||||||||||||||
I Shares | $ | 51,372 | $ | 3,078,972 | $ | 8,118 | $ | 1,724,652 | $ | 350,162 | ||||||||||
A Shares | 693 | 69,159 | 77 | 35,238 | 2,642 | |||||||||||||||
C Shares | — | 22,234 | — | — | 2,685 | |||||||||||||||
R Shares | — | — | — | 3,341 | — | |||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||
I Shares | 5,297 | 341,541 | 873 | 171,234 | 35,184 | |||||||||||||||
A Shares | 72 | 7,673 | 8 | 3,580 | 265 | |||||||||||||||
C Shares | — | 2,466 | — | — | 269 | |||||||||||||||
R Shares | — | — | — | 332 | — | |||||||||||||||
Net Asset Value and Redemption Price Per Share:(a) | ||||||||||||||||||||
I Shares | $ | 9.70 | $ | 9.01 | $ | 9.30 | (c) | $ | 10.07 | $ | 9.95 | |||||||||
A Shares | 9.67 | 9.01 | 9.30 | (c) | 9.84 | 9.98 | ||||||||||||||
C Shares(b) | — | 9.02 | — | — | 9.98 | |||||||||||||||
R Shares | — | — | — | 10.07 | — | |||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||
A Shares | $ | 10.15 | $ | 9.24 | $ | 9.76 | $ | 10.33 | $ | 10.24 | ||||||||||
Maximum Sales Charge — A Shares | 4.75 | % | 2.50 | % | 4.75 | % | 4.75 | % | 2.50 | % |
* | Investments include securities on loan of $–, $–, $–, $79,398, $–, respectively. |
(a) | Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding. |
(b) | Redemption price per share varies based on length of time shares are held. |
(c) | Net Asset Value (“NAV”) varies from NAV reported to shareholders on March 31, 2011, as these financial statements are prepared inclusive of trade date adjustments. |
157
U.S. | ||||||||||||||||||||||||
Government | Virginia | |||||||||||||||||||||||
Short-Term | U.S. | Securities | Intermediate | |||||||||||||||||||||
U.S. Treasury | Total Return | Ultra-Short | Government | Ultra-Short | Municipal | |||||||||||||||||||
Securities Fund | Bond Fund | Bond Fund | Securities Fund | Bond Fund | Bond Fund | |||||||||||||||||||
Assets: | ||||||||||||||||||||||||
Total Investments, at Cost | $ | 35,559 | $ | 696,828 | $ | 117,202 | $ | 52,154 | $ | 1,650,690 | $ | 167,384 | ||||||||||||
Total Investments, at Value | $ | 35,980 | $ | 713,647 | $ | 117,800 | $ | 52,855 | $ | 1,663,758 | $ | 172,757 | ||||||||||||
Cash | — | 359 | — | — | 60 | — | ||||||||||||||||||
Cash Collateral Held at Broker | — | — | — | — | 813 | — | ||||||||||||||||||
Interest and Dividends Receivable | 186 | 4,947 | 466 | 259 | 15,641 | 2,241 | ||||||||||||||||||
Appreciated Credit Default Swap Agreements, at Value | — | 164 | — | — | — | — | ||||||||||||||||||
Receivable for Capital Shares Issued | 29 | 2,854 | 98 | 158 | 8,810 | 1 | ||||||||||||||||||
Receivable for Investment Securities Sold | — | 32,860 | 3,988 | — | — | 3,598 | ||||||||||||||||||
Prepaid Expenses and Other Assets | 9 | 44 | 12 | 2 | 32 | 5 | ||||||||||||||||||
Total Assets | 36,204 | 754,875 | 122,364 | 53,274 | 1,689,114 | 178,602 | ||||||||||||||||||
Liabilities: | ||||||||||||||||||||||||
Payable for Investment Securities Purchased | — | 46,072 | 2,997 | — | 31,363 | — | ||||||||||||||||||
Payable for Capital Shares Redeemed | 28 | 2,397 | 3,467 | 72 | 8,077 | 24 | ||||||||||||||||||
Income Distributions Payable | 17 | 753 | 66 | 25 | 305 | 459 | ||||||||||||||||||
Investment Advisory Fees Payable | 8 | 151 | 22 | 23 | 265 | 85 | ||||||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees Payable | 4 | 68 | 6 | 6 | 221 | 15 | ||||||||||||||||||
Compliance and Fund Services Fees Payable | 1 | 12 | 2 | 1 | 27 | 3 | ||||||||||||||||||
Distribution and Service Fees Payable | 7 | 5 | — | 3 | — | 2 | ||||||||||||||||||
Custodian Fees Payable | 3 | 33 | 6 | 3 | 24 | 4 | ||||||||||||||||||
Accrued Expenses | — | 18 | 3 | 1 | 40 | 3 | ||||||||||||||||||
Total Liabilities | 68 | 49,509 | 6,569 | 134 | 40,322 | 595 | ||||||||||||||||||
Total Net Assets | $ | 36,136 | $ | 705,366 | $ | 115,795 | $ | 53,140 | $ | 1,648,792 | $ | 178,007 | ||||||||||||
Net Assets Consist of: | ||||||||||||||||||||||||
Capital | $ | 35,707 | $ | 691,374 | $ | 119,542 | $ | 51,479 | $ | 1,651,566 | $ | 172,370 | ||||||||||||
Accumulated Net Investment Income (Loss) | (2 | ) | (2,115 | ) | 16 | — | 1,085 | 38 | ||||||||||||||||
Accumulated Net Realized Gain (Loss) from Investment and Swap Transactions | 10 | (679 | ) | (4,361 | ) | 960 | (16,927 | ) | 226 | |||||||||||||||
Net Unrealized Appreciation on Investments and Swaps | 421 | 16,786 | 598 | 701 | 13,068 | 5,373 | ||||||||||||||||||
Net Assets | $ | 36,136 | $ | 705,366 | $ | 115,795 | $ | 53,140 | $ | 1,648,792 | $ | 178,007 | ||||||||||||
Net Assets: | ||||||||||||||||||||||||
I Shares | $ | 22,875 | $ | 684,952 | $ | 115,795 | $ | 48,580 | $ | 1,648,792 | $ | 165,536 | ||||||||||||
A Shares | 5,562 | 17,589 | — | 2,089 | — | 12,471 | ||||||||||||||||||
C Shares | 7,699 | — | — | 2,471 | — | — | ||||||||||||||||||
R Shares | — | 2,825 | — | — | — | — | ||||||||||||||||||
Shares Outstanding (unlimited number of shares authorized, no par value) | ||||||||||||||||||||||||
I Shares | 2,265 | 65,860 | 11,657 | 5,632 | 163,681 | 16,209 | ||||||||||||||||||
A Shares | 551 | 1,640 | — | 242 | — | 1,221 | ||||||||||||||||||
C Shares | 764 | — | — | 287 | — | — | ||||||||||||||||||
R Shares | — | 271 | — | — | — | — | ||||||||||||||||||
Net Asset Value and Redemption Price Per Share:(a) | ||||||||||||||||||||||||
I Shares | $ | 10.10 | $ | 10.40 | $ | 9.93 | $ | 8.63 | $ | 10.07 | $ | 10.21 | ||||||||||||
A Shares | 10.09 | 10.73 | — | 8.63 | — | 10.21 | ||||||||||||||||||
C Shares(b) | 10.08 | — | — | 8.63 | — | — | ||||||||||||||||||
R Shares | — | 10.40 | — | — | — | — | ||||||||||||||||||
Offering Price per Share (100%/(100%-maximum sales charge x net asset value) of net asset value adjusted to the nearest cent): | ||||||||||||||||||||||||
A Shares | $ | 10.35 | $ | 11.27 | $ | — | $ | 9.06 | $ | — | $ | 10.72 | ||||||||||||
Maximum Sales Charge — A Shares | 2.50 | % | 4.75 | % | — | 4.75 | % | — | 4.75 | % |
(a) | Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding. |
(b) | Redemption price per share varies based on length of time shares are held. |
158
High | ||||||||||||||||||||
Georgia | Grade | |||||||||||||||||||
Corporate | Tax-Exempt | Municipal | High | Intermediate | ||||||||||||||||
Bond Fund | Bond Fund | Bond Fund | Income Fund | Bond Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Interest Income | $ | 7,107 | $ | 9,514 | $ | 2,767 | $ | 18,969 | $ | 46,988 | ||||||||||
Dividend Income | — | 5 | 6 | 118 | 9 | |||||||||||||||
Dividend Income from Affiliated Investment Companies | 1 | — | — | 19 | 167 | |||||||||||||||
Net Income from Securities Lending | — | — | — | 225 | 6 | |||||||||||||||
Total Investment Income | 7,108 | 9,519 | 2,773 | 19,331 | 47,170 | |||||||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 559 | 1,185 | 335 | 1,482 | 3,646 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees | 56 | 58 | 19 | 81 | 455 | |||||||||||||||
Compliance & Fund Services Fees | 8 | 12 | 4 | 14 | 89 | |||||||||||||||
Distribution and Service Fees — A Shares | 13 | 13 | 11 | 65 | 32 | |||||||||||||||
Distribution and Service Fees — C Shares | 181 | — | — | — | — | |||||||||||||||
Distribution and Service Fees — R Shares | — | — | — | 80 | 5 | |||||||||||||||
Shareholder Servicing Fees — I Shares | 15 | — | — | — | 563 | |||||||||||||||
Shareholder Servicing Fees — A Shares | 1 | — | — | — | 5 | |||||||||||||||
Shareholder Servicing Fees — R Shares | — | — | — | 25 | 2 | |||||||||||||||
Custodian Fees | 7 | 9 | 5 | 17 | 57 | |||||||||||||||
Printing Fees | 6 | 10 | 9 | 32 | 96 | |||||||||||||||
Registration Fees | 47 | 12 | 51 | 74 | 74 | |||||||||||||||
Trustee Fees | 6 | 9 | 3 | 10 | 66 | |||||||||||||||
Other Fees | 14 | 28 | 8 | 31 | 201 | |||||||||||||||
Total Expenses | 913 | 1,336 | 445 | 1,911 | 5,291 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | — | — | (36 | ) | — | — | ||||||||||||||
Less: Custodian Credits (Note 3) | — | — | — | — | (1 | ) | ||||||||||||||
Net Expenses | 913 | 1,336 | 409 | 1,911 | 5,290 | |||||||||||||||
Net Investment Income (Loss) | 6,195 | 8,183 | 2,364 | 17,420 | 41,880 | |||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currencies: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment and Foreign Currency Transactions | 12,194 | (2,938 | ) | 841 | 10,345 | 39,410 | ||||||||||||||
Credit Default Swap Agreements | — | — | — | 104 | 5,382 | |||||||||||||||
Interest Rate Swap Agreements | — | — | — | — | 183 | |||||||||||||||
Forward Foreign Currency Contracts | — | — | — | — | (12,780 | ) | ||||||||||||||
Net Change in Unrealized Appreciation/Depreciation on: | ||||||||||||||||||||
Investments and Foreign Currencies | (5,382 | ) | (7,494 | ) | (2,161 | ) | 9,287 | (10,934 | ) | |||||||||||
Credit Default Swap Agreements | — | — | — | (21 | ) | (1,435 | ) | |||||||||||||
Forward Foreign Currency Contracts | — | — | — | — | (2,247 | ) | ||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currencies | 6,812 | (10,432 | ) | (1,320 | ) | 19,715 | 17,579 | |||||||||||||
Change in Net Assets from Operations | $ | 13,007 | $ | (2,249 | ) | $ | 1,044 | $ | 37,135 | $ | 59,459 | |||||||||
159
Investment | Limited-Term | |||||||||||||||||||
Investment | Grade | Federal | Maryland | |||||||||||||||||
Grade | Tax-Exempt | Limited | Mortgage | Municipal | ||||||||||||||||
Bond Fund | Bond Fund | Duration Fund | Securities Fund | Bond Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Interest Income | $ | 14,452 | $ | 37,449 | $ | 288 | $ | 723 | $ | 1,151 | ||||||||||
Dividend Income | 1 | 89 | — | — | — | |||||||||||||||
Dividend Income from Affiliated Investment Companies | 9 | 1 | 1 | 3 | — | |||||||||||||||
Net Income from Securities Lending | 1 | — | — | — | — | |||||||||||||||
Total Investment Income | 14,463 | 37,539 | 289 | 726 | 1,151 | |||||||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 1,938 | 5,526 | 22 | 149 | 158 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees | 161 | 363 | 8 | 17 | 10 | |||||||||||||||
Compliance & Fund Services Fees | 23 | 68 | 1 | 2 | 2 | |||||||||||||||
Distribution and Service Fees — A Shares | 75 | 85 | — | 5 | 7 | |||||||||||||||
Distribution and Service Fees — C Shares | — | — | — | 80 | — | |||||||||||||||
Distribution and Service Fees — R Shares | 38 | — | — | — | — | |||||||||||||||
Shareholder Servicing Fees — I Shares | 17 | 224 | — | — | — | |||||||||||||||
Shareholder Servicing Fees — A Shares | — | 1 | — | — | — | |||||||||||||||
Shareholder Servicing Fees — R Shares | 6 | — | — | — | — | |||||||||||||||
Custodian Fees | 41 | 21 | 7 | 9 | 5 | |||||||||||||||
Printing Fees | 32 | 49 | 3 | 9 | 5 | |||||||||||||||
Registration Fees | 52 | 67 | 5 | 49 | 11 | |||||||||||||||
Trustee Fees | 17 | 49 | 1 | 1 | 1 | |||||||||||||||
Other Fees | 49 | 153 | — | 3 | 4 | |||||||||||||||
Total Expenses | 2,449 | 6,606 | 47 | 324 | 203 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | — | — | — | (45 | ) | — | ||||||||||||||
Less: Custodian Credits (Note 3) | (1 | ) | — | — | — | — | ||||||||||||||
Net Expenses | 2,448 | 6,606 | 47 | 279 | 203 | |||||||||||||||
Net Investment Income (Loss) | 12,015 | 30,933 | 242 | 447 | 948 | |||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currencies: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment and Foreign Currency Transactions | 13,442 | 9,395 | 95 | 1,203 | 321 | |||||||||||||||
Credit Default Swap Agreements | 1,407 | — | — | — | — | |||||||||||||||
Interest Rate Swap Agreements | 49 | — | — | — | — | |||||||||||||||
Forward Foreign Currency Contracts | (3,294 | ) | — | — | — | — | ||||||||||||||
Net Change in Unrealized Appreciation/Depreciation on: | ||||||||||||||||||||
Investments and Foreign Currencies | (6,745 | ) | (18,311 | ) | (43 | ) | (270 | ) | (1,015 | ) | ||||||||||
Credit Default Swap Agreements | (359 | ) | — | — | — | — | ||||||||||||||
Forward Foreign Currency Contracts | (604 | ) | — | — | — | — | ||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currencies | 3,896 | (8,916 | ) | 52 | 933 | (694 | ) | |||||||||||||
Change in Net Assets from Operations | $ | 15,911 | $ | 22,017 | $ | 294 | $ | 1,380 | $ | 254 | ||||||||||
160
North Carolina | Seix Floating | |||||||||||||||||||
Tax-Exempt | Rate High | Seix Global | Seix High | Short-Term | ||||||||||||||||
Bond Fund | Income Fund | Strategy Fund | Yield Fund | Bond Fund | ||||||||||||||||
Investment Income: | ||||||||||||||||||||
Interest Income | $ | 2,362 | $ | 125,552 | $ | 15 | $ | 139,446 | $ | 12,643 | ||||||||||
Dividend Income | 2 | 27 | 1 | 325 | 3 | |||||||||||||||
Dividend Income from Affiliated Investment Companies | — | 73 | 9 | 34 | 4 | |||||||||||||||
Net Income from Securities Lending | — | — | — | 190 | 1 | |||||||||||||||
Total Investment Income | 2,364 | 125,652 | 25 | 139,995 | 12,651 | |||||||||||||||
Expenses: | ||||||||||||||||||||
Investment Advisory Fees | 306 | 7,447 | 176 | 7,032 | 1,944 | |||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees | 16 | 677 | 8 | 758 | 150 | |||||||||||||||
Compliance & Fund Services Fees | 3 | 101 | 2 | 95 | 28 | |||||||||||||||
Distribution and Service Fees — A Shares | 1 | 105 | — | 50 | 6 | |||||||||||||||
Distribution and Service Fees — C Shares | — | 121 | — | — | 27 | |||||||||||||||
Distribution and Service Fees — R Shares | — | — | — | 24 | — | |||||||||||||||
Shareholder Servicing Fees — I Shares | — | 126 | — | 7 | — | |||||||||||||||
Shareholder Servicing Fees — A Shares | — | 9 | — | — | — | |||||||||||||||
Shareholder Servicing Fees — R Shares | — | — | — | 7 | — | |||||||||||||||
Custodian Fees | 6 | 135 | 4 | 33 | 25 | |||||||||||||||
Printing Fees | 5 | 92 | 3 | 91 | 20 | |||||||||||||||
Registration Fees | 7 | 109 | 56 | 84 | 49 | |||||||||||||||
Trustee Fees | 3 | 73 | 2 | 71 | 20 | |||||||||||||||
Other Fees | 9 | 225 | 5 | 269 | 79 | |||||||||||||||
Total Expenses | 356 | 9,220 | 256 | 8,521 | 2,348 | |||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | — | — | (19 | ) | — | — | ||||||||||||||
Less: Custodian Credits (Note 3) | — | — | — | — | — | |||||||||||||||
Net Expenses | 356 | 9,220 | 237 | 8,521 | 2,348 | |||||||||||||||
Net Investment Income (Loss) | 2,008 | 116,432 | (212 | ) | 131,474 | 10,303 | ||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments, Futures, Swaps and Foreign Currencies: | ||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||
Investment and Foreign Currency Transactions | (608 | ) | 8,124 | (230 | ) | 86,286 | 3,882 | |||||||||||||
Futures contracts | — | — | — | — | 61 | |||||||||||||||
Credit Default Swap Agreements | — | (648 | ) | (72 | ) | — | — | |||||||||||||
Interest Rate Swap Agreements | — | — | 33 | — | — | |||||||||||||||
Forward Foreign Currency Contracts | — | — | (5,593 | ) | — | — | ||||||||||||||
Net Change in Unrealized Appreciation/Depreciation on: | ||||||||||||||||||||
Investments and Foreign Currencies | (1,559 | ) | 20,731 | 3 | 15,465 | (2,485 | ) | |||||||||||||
Futures contracts | — | — | — | — | 6 | |||||||||||||||
Credit Default Swap Agreements | — | 47 | (81 | ) | — | — | ||||||||||||||
Forward Foreign Currency Contracts | — | — | (22 | ) | — | — | ||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments, Futures, Swaps and Foreign Currencies | (2,167 | ) | 28,254 | (5,962 | ) | 101,751 | 1,464 | |||||||||||||
Change in Net Assets from Operations | $ | (159 | ) | $ | 144,686 | $ | (6,174 | ) | $ | 233,225 | $ | 11,767 | ||||||||
161
U.S. | ||||||||||||||||||||||||
Government | Virginia | |||||||||||||||||||||||
Short-Term | U.S. | Securities | Intermediate | |||||||||||||||||||||
U.S. Treasury | Total Return | Ultra-Short | Government | Ultra-Short | Municipal | |||||||||||||||||||
Securities Fund | Bond Fund | Bond Fund | Securities Fund | Bond Fund | Bond Fund | |||||||||||||||||||
Investment Income: | ||||||||||||||||||||||||
Interest Income | $ | 698 | $ | 25,746 | $ | 1,741 | $ | 1,772 | $ | 16,398 | $ | 7,808 | ||||||||||||
Dividend Income | — | 3 | — | — | — | — | ||||||||||||||||||
Dividend Income from Affiliated Investment Companies | — | 70 | 1 | 1 | 1 | — | ||||||||||||||||||
Net Income from Securities Lending | — | 4 | — | — | — | — | ||||||||||||||||||
Total Investment Income | 698 | 25,823 | 1,742 | 1,773 | 16,399 | 7,808 | ||||||||||||||||||
Expenses: | ||||||||||||||||||||||||
Investment Advisory Fees | 159 | 1,870 | 235 | 336 | 2,913 | 1,116 | ||||||||||||||||||
Administration, Fund Accounting and Transfer Agency Fees | 19 | 247 | 36 | 19 | 458 | 52 | ||||||||||||||||||
Compliance & Fund Services Fees | 2 | 45 | 6 | 2 | 91 | 12 | ||||||||||||||||||
Distribution and Service Fees — A Shares | 10 | 38 | — | 7 | — | 21 | ||||||||||||||||||
Distribution and Service Fees — C Shares | 72 | — | — | 29 | — | — | ||||||||||||||||||
Distribution and Service Fees — R Shares | — | 8 | — | — | — | — | ||||||||||||||||||
Shareholder Servicing Fees — I Shares | — | 71 | — | — | 1,154 | — | ||||||||||||||||||
Shareholder Servicing Fees — A Shares | — | 1 | — | — | — | — | ||||||||||||||||||
Shareholder Servicing Fees — R Shares | — | 1 | — | — | — | — | ||||||||||||||||||
Custodian Fees | 5 | 62 | 17 | 3 | 64 | 8 | ||||||||||||||||||
Printing Fees | 6 | 36 | 6 | 3 | 83 | 10 | ||||||||||||||||||
Registration Fees | 46 | 70 | 25 | 47 | 100 | 17 | ||||||||||||||||||
Trustee Fees | 2 | 33 | 4 | 2 | 66 | 9 | ||||||||||||||||||
Other Fees | 6 | 110 | 13 | 6 | 200 | 26 | ||||||||||||||||||
Total Expenses | 327 | 2,592 | 342 | 454 | 5,129 | 1,271 | ||||||||||||||||||
Less: Investment Advisory Fees Waived/Expenses Reimbursed | (35 | ) | — | — | — | — | — | |||||||||||||||||
Less: Custodian Credits (Note 3) | — | — | — | — | — | — | ||||||||||||||||||
Net Expenses | 292 | 2,592 | 342 | 454 | 5,129 | 1,271 | ||||||||||||||||||
Net Investment Income (Loss) | 406 | 23,231 | 1,400 | 1,319 | 11,270 | 6,537 | ||||||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments, Futures, Swaps and Foreign Currencies: | ||||||||||||||||||||||||
Net Realized Gain (Loss) from: | ||||||||||||||||||||||||
Investment and Foreign Currency Transactions | 258 | 22,917 | 159 | 1,999 | 3,533 | 1,096 | ||||||||||||||||||
Futures contracts | — | — | — | — | (428 | ) | — | |||||||||||||||||
Credit Default Swap Agreements | — | 3,482 | — | — | — | — | ||||||||||||||||||
Interest Rate Swap Agreements | — | 82 | — | — | — | — | ||||||||||||||||||
Forward Foreign Currency Contracts | — | (6,195 | ) | — | — | — | — | |||||||||||||||||
Net Change in Unrealized Appreciation/Depreciation on: | ||||||||||||||||||||||||
Investments and Foreign Currencies | (255 | ) | (4,498 | ) | 331 | (11 | ) | 10,268 | (3,124 | ) | ||||||||||||||
Credit Default Swap Agreements | — | (672 | ) | — | — | — | — | |||||||||||||||||
Forward Foreign Currency Contracts | — | (1,035 | ) | — | — | — | — | |||||||||||||||||
Net Realized and Unrealized Gain (Loss) on Investments, Futures, Swaps and Foreign Currencies | 3 | 14,081 | 490 | 1,988 | 13,373 | (2,028 | ) | |||||||||||||||||
Change in Net Assets from Operations | $ | 409 | $ | 37,312 | $ | 1,890 | $ | 3,307 | $ | 24,643 | $ | 4,509 | ||||||||||||
162
Georgia | High Grade | |||||||||||||||||||||||
Corporate | Tax-Exempt | Municipal | ||||||||||||||||||||||
Bond Fund | Bond Fund | Bond Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10# | 03/31/11 | 03/31/10# | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 6,195 | $ | 7,495 | $ | 8,183 | $ | 7,312 | $ | 2,364 | $ | 2,706 | ||||||||||||
Net Realized Gain (Loss) | 12,194 | 5,906 | (2,938 | ) | 1,081 | 841 | 2,217 | |||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (5,382 | ) | 11,172 | (7,494 | ) | 6,398 | (2,161 | ) | 2,288 | |||||||||||||||
Change in Net Assets from Operations | 13,007 | 24,573 | (2,249 | ) | 14,791 | 1,044 | 7,211 | |||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (5,359 | ) | (6,582 | ) | (7,862 | ) | (7,047 | ) | (2,094 | ) | (2,502 | ) | ||||||||||||
A Shares | (178 | ) | (170 | ) | (321 | ) | (225 | ) | (270 | ) | (164 | ) | ||||||||||||
C Shares | (658 | ) | (743 | ) | — | (40 | ) | — | (40 | ) | ||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | (1,929 | ) | — | — | — | — | — | |||||||||||||||||
A Shares | (103 | ) | — | — | — | — | — | |||||||||||||||||
C Shares | (430 | ) | — | — | — | — | — | |||||||||||||||||
Total Dividends and Distributions | (8,657 | ) | (7,495 | ) | (8,183 | ) | (7,312 | ) | (2,364 | ) | (2,706 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | (103,975 | ) | 103,837 | (40,055 | ) | 37,944 | (3,879 | ) | (24,297 | ) | ||||||||||||||
Change in Net Assets | (99,625 | ) | 120,915 | (50,487 | ) | 45,423 | (5,199 | ) | (19,792 | ) | ||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 181,148 | 60,233 | 216,040 | 170,617 | 60,808 | 80,600 | ||||||||||||||||||
End of Period | $ | 81,523 | $ | 181,148 | $ | 165,553 | $ | 216,040 | $ | 55,609 | $ | 60,808 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | (325 | ) | $ | (678 | ) | $ | 193 | $ | 190 | $ | (7 | ) | $ | (7 | ) | ||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the Georgia Tax-Exempt Bond Fund and High Grade Municipal Bond Fund and those Funds’ C Shares are no longer available for purchase. |
163
Georgia | High Grade | |||||||||||||||||||||||
Corporate | Tax-Exempt | Municipal | ||||||||||||||||||||||
Bond Fund | Bond Fund | Bond Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10# | 03/31/11 | 03/31/10# | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 28,969 | $ | 163,231 | $ | 51,331 | $ | 74,450 | $ | 10,962 | $ | 8,619 | ||||||||||||
Dividends Reinvested | 3,645 | 1,753 | 442 | 432 | 275 | 350 | ||||||||||||||||||
Cost of Shares Redeemed | (131,523 | ) | (61,513 | ) | (87,539 | ) | (39,976 | ) | (17,631 | ) | (32,494 | ) | ||||||||||||
Change in Net Assets from I Shares | (98,909 | ) | 103,471 | (35,766 | ) | 34,906 | (6,394 | ) | (23,525 | ) | ||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 1,357 | 2,380 | 396 | 9,460 | 3,736 | 4,502 | ||||||||||||||||||
Dividends Reinvested | 180 | 126 | 135 | 114 | 92 | 80 | ||||||||||||||||||
Cost of Shares Redeemed | (3,906 | ) | (548 | ) | (4,820 | ) | (2,354 | ) | (1,313 | ) | (1,137 | ) | ||||||||||||
Change in Net Assets from A Shares | (2,369 | ) | 1,958 | (4,289 | ) | 7,220 | 2,515 | 3,445 | ||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 373 | 972 | — | 1 | — | — | ||||||||||||||||||
Dividends Reinvested | 800 | 520 | — | 35 | — | 21 | ||||||||||||||||||
Cost of Shares Redeemed | (3,870 | ) | (3,084 | ) | — | (4,218 | ) | — | (4,238 | ) | ||||||||||||||
Change in Net Assets from C Shares | (2,697 | ) | (1,592 | ) | — | (4,182 | ) | — | (4,217 | ) | ||||||||||||||
Change in Net Assets from Capital Transactions | $ | (103,975 | ) | $ | 103,837 | $ | (40,055 | ) | $ | 37,944 | $ | (3,879 | ) | $ | (24,297 | ) | ||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 2,932 | 18,132 | 5,045 | 7,325 | 976 | 784 | ||||||||||||||||||
Reinvested | 374 | 184 | 43 | 43 | 24 | 32 | ||||||||||||||||||
Redeemed | (13,108 | ) | (6,608 | ) | (8,782 | ) | (3,925 | ) | (1,584 | ) | (2,975 | ) | ||||||||||||
Change in I Shares | (9,802 | ) | 11,708 | (3,694 | ) | 3,443 | (584 | ) | (2,159 | ) | ||||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 138 | 257 | 38 | 934 | 329 | 418 | ||||||||||||||||||
Reinvested | 18 | 13 | 13 | 11 | 8 | 7 | ||||||||||||||||||
Redeemed | (395 | ) | (57 | ) | (476 | ) | (230 | ) | (115 | ) | (103 | ) | ||||||||||||
Change in A Shares | (239 | ) | 213 | (425 | ) | 715 | 222 | 322 | ||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | 37 | 107 | — | — | — | — | ||||||||||||||||||
Reinvested | 82 | 56 | — | 3 | — | 2 | ||||||||||||||||||
Redeemed | (392 | ) | (331 | ) | — | (421 | ) | — | (393 | ) | ||||||||||||||
Change in C Shares | (273 | ) | (168 | ) | — | (418 | ) | — | (391 | ) | ||||||||||||||
Change in Shares | (10,314 | ) | 11,753 | (4,119 | ) | 3,740 | (362 | ) | (2,228 | ) | ||||||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the Georgia Tax-Exempt Bond Fund and High Grade Municipal Bond Fund and those Funds’ C Shares are no longer available for purchase. |
164
Investment Grade | ||||||||||||||||||||||||
High Income Fund | Intermediate Bond Fund | Bond Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10# | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 17,420 | $ | 7,324 | $ | 41,880 | $ | 46,142 | $ | 12,015 | $ | 17,041 | ||||||||||||
Net Realized Gain (Loss) | 10,449 | 9,252 | 32,195 | (6,177 | ) | 11,604 | 1,671 | |||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | 9,266 | 14,684 | (14,616 | ) | 40,523 | (7,708 | ) | 16,209 | ||||||||||||||||
Change in Net Assets from Operations | 37,135 | 31,260 | 59,459 | 80,488 | 15,911 | 34,921 | ||||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (14,896 | ) | (5,778 | ) | (35,299 | ) | (40,778 | ) | (7,713 | ) | (13,968 | ) | ||||||||||||
A Shares | (1,440 | ) | (159 | ) | (268 | ) | (207 | ) | (471 | ) | (869 | ) | ||||||||||||
R Shares | (1,048 | ) | (1,255 | ) | (16 | ) | (25 | ) | (126 | ) | (373 | ) | ||||||||||||
Tax Return of Capital: | ||||||||||||||||||||||||
I Shares | — | — | (4,359 | ) | — | (2,940 | ) | — | ||||||||||||||||
A Shares | — | — | (37 | ) | — | (206 | ) | — | ||||||||||||||||
R Shares | — | — | (3 | ) | — | (64 | ) | — | ||||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | (554 | ) | — | (41,037 | ) | (8,037 | ) | (15,435 | ) | (328 | ) | |||||||||||||
A Shares | (56 | ) | — | (363 | ) | (46 | ) | (1,016 | ) | (22 | ) | |||||||||||||
R Shares | (40 | ) | — | (25 | ) | (8 | ) | (318 | ) | (11 | ) | |||||||||||||
Total Dividends and Distributions | (18,034 | ) | (7,192 | ) | (81,407 | ) | (49,101 | ) | (28,289 | ) | (15,571 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | 293,562 | 107,078 | (230,486 | ) | 466,125 | (74,594 | ) | (37,181 | ) | |||||||||||||||
Change in Net Assets | 312,663 | 131,146 | (252,434 | ) | 497,512 | (86,972 | ) | (17,831 | ) | |||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 168,250 | 37,104 | 1,572,175 | 1,074,663 | 408,638 | 426,469 | ||||||||||||||||||
End of Period | $ | 480,913 | $ | 168,250 | $ | 1,319,741 | $ | 1,572,175 | $ | 321,666 | $ | 408,638 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | (41 | ) | $ | (41 | ) | $ | (2,941 | ) | $ | 789 | $ | (924 | ) | $ | (972 | ) | |||||||
(#) | Effective at the close of business on July 31, 2009, C Shares converted to R Shares for the High Income Fund and Investment Grade Bond Fund and the Funds’ C Shares are no longer available for purchase. The amounts prior to such date are disclosed as R Shares. |
165
Investment Grade | ||||||||||||||||||||||||
High Income Fund | Intermediate Bond Fund | Bond Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10# | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 390,769 | $ | 176,079 | $ | 395,573 | $ | 909,070 | $ | 79,442 | $ | 136,011 | ||||||||||||
Dividends Reinvested | 10,236 | 3,612 | 40,471 | 19,335 | 23,761 | 11,529 | ||||||||||||||||||
Cost of Shares Redeemed | (170,554 | ) | (73,611 | ) | (667,637 | ) | (471,909 | ) | (167,960 | ) | (182,048 | ) | ||||||||||||
Change in Net Assets from I Shares | 230,451 | 106,080 | (231,593 | ) | 456,496 | (64,757 | ) | (34,508 | ) | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 78,667 | 4,329 | 7,440 | 13,706 | 5,510 | 13,093 | ||||||||||||||||||
Dividends Reinvested | 944 | 67 | 600 | 216 | 1,466 | 789 | ||||||||||||||||||
Cost of Shares Redeemed | (14,814 | ) | (2,030 | ) | (6,776 | ) | (4,796 | ) | (14,039 | ) | (14,312 | ) | ||||||||||||
Change in Net Assets from A Shares | 64,797 | 2,366 | 1,264 | 9,126 | (7,063 | ) | (430 | ) | ||||||||||||||||
R Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 2,107 | 759 | 215 | 1,255 | 227 | 2,793 | ||||||||||||||||||
Dividends Reinvested | 740 | 847 | 44 | 27 | 462 | 350 | ||||||||||||||||||
Cost of Shares Redeemed | (4,533 | ) | (2,974 | ) | (416 | ) | (779 | ) | (3,463 | ) | (5,386 | ) | ||||||||||||
Change in Net Assets from R Shares | (1,686 | ) | (1,368 | ) | (157 | ) | 503 | (2,774 | ) | (2,243 | ) | |||||||||||||
Change in Net Assets from Capital Transactions | $ | 293,562 | $ | 107,078 | $ | (230,486 | ) | $ | 466,125 | $ | (74,594 | ) | $ | (37,181 | ) | |||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 55,337 | 27,685 | 36,955 | 87,059 | 6,811 | 12,090 | ||||||||||||||||||
Reinvested | 1,462 | 587 | 3,850 | 1,842 | 2,110 | 1,017 | ||||||||||||||||||
Redeemed | (24,513 | ) | (11,516 | ) | (62,702 | ) | (45,098 | ) | (14,634 | ) | (16,114 | ) | ||||||||||||
Change in I Shares | 32,286 | 16,756 | (21,897 | ) | 43,803 | (5,713 | ) | (3,007 | ) | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 11,084 | 681 | 698 | 1,312 | 474 | 1,172 | ||||||||||||||||||
Reinvested | 133 | 11 | 57 | 21 | 130 | 70 | ||||||||||||||||||
Redeemed | (2,104 | ) | (312 | ) | (638 | ) | (457 | ) | (1,216 | ) | (1,274 | ) | ||||||||||||
Change in A Shares | 9,113 | 380 | 117 | 876 | (612 | ) | (32 | ) | ||||||||||||||||
R Shares: | ||||||||||||||||||||||||
Issued | 301 | 118 | 20 | 120 | 19 | 253 | ||||||||||||||||||
Reinvested | 107 | 142 | 4 | 3 | 41 | 31 | ||||||||||||||||||
Redeemed | (645 | ) | (493 | ) | (39 | ) | (74 | ) | (298 | ) | (473 | ) | ||||||||||||
Change in R Shares | (237 | ) | (233 | ) | (15 | ) | 49 | (238 | ) | (189 | ) | |||||||||||||
Change in Shares | 41,162 | 16,903 | (21,795 | ) | 44,728 | (6,563 | ) | (3,228 | ) | |||||||||||||||
(#) | Effective at the close of business on July 31, 2009, C Shares converted to R Shares for the High Income Fund and Investment Grade Bond Fund and the Funds’ C Shares are no longer available for purchase. The amounts prior to such date are disclosed as R Shares. |
166
Investment Grade | Limited-Term | |||||||||||||||||||||||
Tax-Exempt | Federal Mortgage | |||||||||||||||||||||||
Bond Fund | Limited Duration Fund | Securities Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 30,933 | $ | 30,048 | $ | 242 | $ | 209 | $ | 447 | $ | 1,210 | ||||||||||||
Net Realized Gain (Loss) | 9,395 | 32,711 | 95 | (67 | ) | 1,203 | 1,922 | |||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (18,311 | ) | 10,460 | (43 | ) | 550 | (270 | ) | (1,039 | ) | ||||||||||||||
Change in Net Assets from Operations | 22,017 | 73,219 | 294 | 692 | 1,380 | 2,093 | ||||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (30,314 | ) | (29,449 | ) | (185 | ) | (175 | ) | (493 | ) | (1,033 | ) | ||||||||||||
A Shares | (689 | ) | (553 | ) | — | — | (65 | ) | (79 | ) | ||||||||||||||
C Shares | — | (46 | ) | — | — | (129 | ) | (205 | ) | |||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | (26,422 | ) | (14,559 | ) | — | — | — | — | ||||||||||||||||
A Shares | (723 | ) | (332 | ) | — | — | — | — | ||||||||||||||||
Total Dividends and Distributions | (58,148 | ) | (44,939 | ) | (185 | ) | (175 | ) | (687 | ) | (1,317 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | 72,676 | 197,622 | (708 | ) | (8,861 | ) | 8,267 | (18,749 | ) | |||||||||||||||
Change in Net Assets | 36,545 | 225,902 | (599 | ) | (8,344 | ) | 8,960 | (17,973 | ) | |||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 1,062,316 | 836,414 | 22,482 | 30,826 | 31,861 | 49,834 | ||||||||||||||||||
End of Period | $ | 1,098,861 | $ | 1,062,316 | $ | 21,883 | $ | 22,482 | $ | 40,821 | $ | 31,861 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | (224 | ) | $ | (154 | ) | $ | (3 | ) | $ | — | $ | (37 | ) | $ | (43 | ) | |||||||
# | Effective at the close of business on July 31, 2009, C Shares converted to A Shares for the Investment Grade Tax-Exempt Bond Fund and the Fund’s C Shares are no longer available for purchase. |
167
Investment Grade | Limited-Term | |||||||||||||||||||||||
Tax-Exempt | Federal Mortgage | |||||||||||||||||||||||
Bond Fund | Limited Duration Fund | Securities Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 384,067 | $ | 440,312 | $ | 345 | $ | 96 | $ | 24,913 | $ | 7,293 | ||||||||||||
Dividends Reinvested | 25,728 | 16,457 | 128 | 129 | 285 | 480 | ||||||||||||||||||
Cost of Shares Redeemed | (345,053 | ) | (263,724 | ) | (1,181 | ) | (9,086 | ) | (16,136 | ) | (26,479 | ) | ||||||||||||
Change in Net Assets from I Shares | 64,742 | 193,045 | (708 | ) | (8,861 | ) | 9,062 | (18,706 | ) | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 13,282 | 11,669 | — | — | 1,115 | 1,046 | ||||||||||||||||||
Dividends Reinvested | 807 | 450 | — | — | 51 | 64 | ||||||||||||||||||
Cost of Shares Redeemed | (6,155 | ) | (2,128 | ) | — | — | (895 | ) | (705 | ) | ||||||||||||||
Change in Net Assets from A Shares | 7,934 | 9,991 | — | — | 271 | 405 | ||||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | — | 837 | — | — | 432 | 280 | ||||||||||||||||||
Dividends Reinvested | — | 34 | — | — | 105 | 170 | ||||||||||||||||||
Cost of Shares Redeemed | — | (6,285 | ) | — | — | (1,603 | ) | (898 | ) | |||||||||||||||
Change in Net Assets from C Shares | — | (5,414 | ) | — | — | (1,066 | ) | (448 | ) | |||||||||||||||
Change in Net Assets from Capital Transactions | $ | 72,676 | $ | 197,622 | $ | (708 | ) | $ | (8,861 | ) | $ | 8,267 | $ | (18,749 | ) | |||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 31,783 | 36,838 | 35 | 10 | 2,354 | 716 | ||||||||||||||||||
Reinvested | 2,164 | 1,375 | 14 | 13 | 27 | 47 | ||||||||||||||||||
Redeemed | (28,903 | ) | (22,072 | ) | (122 | ) | (946 | ) | (1,522 | ) | (2,581 | ) | ||||||||||||
Change in I Shares | 5,044 | 16,141 | (73 | ) | (923 | ) | 859 | (1,818 | ) | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 1,089 | 979 | — | — | 105 | 102 | ||||||||||||||||||
Reinvested | 68 | 38 | — | — | 5 | 6 | ||||||||||||||||||
Redeemed | (512 | ) | (178 | ) | — | — | (84 | ) | (68 | ) | ||||||||||||||
Change in A Shares | 645 | 839 | — | — | 26 | 40 | ||||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | — | 71 | — | — | 41 | 27 | ||||||||||||||||||
Reinvested | — | 3 | — | — | 11 | 17 | ||||||||||||||||||
Redeemed | — | (531 | ) | — | — | (151 | ) | (88 | ) | |||||||||||||||
Change in C Shares | — | (457 | ) | — | — | (99 | ) | (44 | ) | |||||||||||||||
Change in Shares | 5,689 | 16,523 | (73 | ) | (923 | ) | 786 | (1,822 | ) | |||||||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted to A Shares for the Investment Grade Tax-Exempt Bond Fund and the Fund’s C Shares are no longer available for purchase. |
168
North Carolina | Seix Floating | |||||||||||||||||||||||
Maryland Municipal | Tax-Exempt | Rate High | ||||||||||||||||||||||
Bond Fund | Bond Fund | Income Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11 | 03/31/10# | 03/31/11 | 03/31/10 | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 948 | $ | 1,101 | $ | 2,008 | $ | 1,903 | $ | 116,432 | $ | 56,765 | ||||||||||||
Net Realized Gain (Loss) | 321 | 419 | (608 | ) | 818 | 7,476 | 14,919 | |||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (1,015 | ) | 937 | (1,559 | ) | 1,348 | 20,778 | 124,333 | ||||||||||||||||
Change in Net Assets from Operations | 254 | 2,457 | (159 | ) | 4,069 | 144,686 | 196,017 | |||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (797 | ) | (933 | ) | (1,982 | ) | (1,880 | ) | (101,713 | ) | (53,150 | ) | ||||||||||||
A Shares | (151 | ) | (120 | ) | (26 | ) | (23 | ) | (1,958 | ) | (679 | ) | ||||||||||||
C Shares | — | (48 | ) | — | — | (599 | ) | (178 | ) | |||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | (69 | ) | — | — | — | — | — | |||||||||||||||||
A Shares | (14 | ) | — | — | — | — | — | |||||||||||||||||
Total Dividends and Distributions | (1,031 | ) | (1,101 | ) | (2,008 | ) | (1,903 | ) | (104,270 | ) | (54,007 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | (3,372 | ) | (3,241 | ) | 1,604 | 6,243 | 1,926,941 | 497,595 | ||||||||||||||||
Change in Net Assets | (4,149 | ) | (1,885 | ) | (563 | ) | 8,409 | 1,967,357 | 639,605 | |||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 29,532 | 31,417 | 52,628 | 44,219 | 1,203,008 | 563,403 | ||||||||||||||||||
End of Period | $ | 25,383 | $ | 29,532 | $ | 52,065 | $ | 52,628 | $ | 3,170,365 | $ | 1,203,008 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | (42 | ) | $ | (42 | ) | $ | (63 | ) | $ | (63 | ) | $ | 246 | $ | 230 | ||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted to A Shares for the Maryland Municipal Bond Fund and North Carolina Tax-Exempt Bond Fund and the Funds’ C Shares are no longer available for purchase. |
169
North Carolina | Seix Floating | |||||||||||||||||||||||
Maryland Municipal | Tax-Exempt | Rate High | ||||||||||||||||||||||
Bond Fund | Bond Fund | Income Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10# | 03/31/11 | 03/31/10# | 03/31/11 | 03/31/10 | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 3,574 | $ | 7,500 | $ | 15,483 | $ | 18,746 | $ | 2,419,811 | $ | 757,371 | ||||||||||||
Dividends Reinvested | 22 | 21 | 39 | 35 | 57,050 | 34,287 | ||||||||||||||||||
Cost of Shares Redeemed | (5,978 | ) | (10,376 | ) | (13,876 | ) | (12,715 | ) | (610,585 | ) | (315,573 | ) | ||||||||||||
Change in Net Assets from I Shares | (2,382 | ) | (2,855 | ) | 1,646 | 6,066 | 1,866,276 | 476,085 | ||||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 108 | 5,671 | 1 | 173 | 55,682 | 19,475 | ||||||||||||||||||
Dividends Reinvested | 138 | 93 | 14 | 13 | 878 | 269 | ||||||||||||||||||
Cost of Shares Redeemed | (1,236 | ) | (666 | ) | (57 | ) | (9 | ) | (10,428 | ) | (4,694 | ) | ||||||||||||
Change in Net Assets from A Shares | (990 | ) | 5,098 | (42 | ) | 177 | 46,132 | 15,050 | ||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | — | 121 | — | — | 15,703 | 6,620 | ||||||||||||||||||
Dividends Reinvested | — | 38 | — | — | 360 | 122 | ||||||||||||||||||
Cost of Shares Redeemed | — | (5,643 | ) | — | — | (1,530 | ) | (282 | ) | |||||||||||||||
Change in Net Assets from C Shares | — | (5,484 | ) | — | — | 14,533 | 6,460 | |||||||||||||||||
Change in Net Assets from Capital Transactions | $ | (3,372 | ) | $ | (3,241 | ) | $ | 1,604 | $ | 6,243 | $ | 1,926,941 | $ | 497,595 | ||||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 339 | 723 | 1,545 | 1,886 | 271,073 | 90,967 | ||||||||||||||||||
Reinvested | 2 | 2 | 4 | 4 | 6,437 | 4,056 | ||||||||||||||||||
Redeemed | (565 | ) | (1,000 | ) | (1,404 | ) | (1,271 | ) | (69,289 | ) | (37,315 | ) | ||||||||||||
Change in I Shares | (224 | ) | (275 | ) | 145 | 619 | 208,221 | 57,708 | ||||||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 10 | 551 | — | 18 | 6,221 | 2,304 | ||||||||||||||||||
Reinvested | 13 | 9 | 2 | 1 | 99 | 32 | ||||||||||||||||||
Redeemed | (117 | ) | (64 | ) | (6 | ) | (1 | ) | (1,181 | ) | (550 | ) | ||||||||||||
Change in A Shares | (94 | ) | 496 | (4 | ) | 18 | 5,139 | 1,786 | ||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | — | 12 | — | — | 1,757 | 786 | ||||||||||||||||||
Reinvested | — | 4 | — | — | 41 | 14 | ||||||||||||||||||
Redeemed | — | (548 | ) | — | — | (173 | ) | (33 | ) | |||||||||||||||
Change in C Shares | — | (532 | ) | — | — | 1,625 | 767 | |||||||||||||||||
Change in Shares | (318 | ) | (311 | ) | 141 | 637 | 214,985 | 60,261 | ||||||||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted to A Shares for the Maryland Municipal Bond Fund and North Carolina Tax-Exempt Bond Fund and the Funds’ C Shares are no longer available for purchase. |
170
Seix Global | Seix High | Short-Term | ||||||||||||||||||||||
Strategy Fund | Yield Fund | Bond Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income (Loss) | $ | (212 | ) | $ | (68 | ) | $ | 131,474 | $ | 112,690 | $ | 10,303 | $ | 12,655 | ||||||||||
Net Realized Gain (Loss) | (5,862 | ) | 95 | 86,286 | 49,863 | 3,943 | (2,342 | ) | ||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (100 | ) | 118 | 15,465 | 178,452 | (2,479 | ) | 23,695 | ||||||||||||||||
Change in Net Assets from Operations | (6,174 | ) | 145 | 233,225 | 341,005 | 11,767 | 34,008 | |||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (199 | ) | — | (129,551 | ) | (110,348 | ) | (10,404 | ) | (12,233 | ) | |||||||||||||
A Shares | — | — | (1,560 | ) | (1,852 | ) | (60 | ) | (83 | ) | ||||||||||||||
C Shares | — | — | — | — | (32 | ) | (56 | ) | ||||||||||||||||
R Shares | — | — | (358 | ) | (483 | ) | — | — | ||||||||||||||||
Tax Return of Capital: | ||||||||||||||||||||||||
I Shares | (6 | ) | — | — | — | — | — | |||||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | (21 | ) | (268 | ) | — | — | — | — | ||||||||||||||||
Total Dividends and Distributions | (226 | ) | (268 | ) | (131,469 | ) | (112,683 | ) | (10,496 | ) | (12,372 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | 5,006 | (715 | ) | (96,928 | ) | 720,459 | (141,338 | ) | 141,453 | |||||||||||||||
Capital Contributions From AdministratorÙ | — | — | — | 3 | — | 3 | ||||||||||||||||||
Change in Net Assets | (1,394 | ) | (838 | ) | 4,828 | 948,784 | (140,067 | ) | 163,092 | |||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 9,589 | 10,427 | 1,758,403 | 809,619 | 495,556 | 332,464 | ||||||||||||||||||
End of Period | $ | 8,195 | $ | 9,589 | $ | 1,763,231 | $ | 1,758,403 | $ | 355,489 | $ | 495,556 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | (203 | ) | $ | 32 | $ | 128 | $ | (112 | ) | $ | 193 | $ | 194 | ||||||||||
Ù | Capital Contribution is a result of a Fair Funds settlement due to market timing. |
171
Seix Global | Seix High | Short-Term | ||||||||||||||||||||||
Strategy Fund | Yield Fund | Bond Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 40,743 | $ | 4,773 | $ | 926,438 | $ | 1,157,073 | $ | 106,943 | $ | 228,789 | ||||||||||||
Dividends Reinvested | 137 | 158 | 73,852 | 74,321 | 2,557 | 3,298 | ||||||||||||||||||
Cost of Shares Redeemed | (35,951 | ) | (5,646 | ) | (1,099,468 | ) | (516,762 | ) | (250,008 | ) | (90,789 | ) | ||||||||||||
Change in Net Assets from I Shares | 4,929 | (715 | ) | (99,178 | ) | 714,632 | (140,508 | ) | 141,298 | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 77 | 8 | 47,735 | 16,746 | 721 | 1,152 | ||||||||||||||||||
Dividends Reinvested | — | — | 957 | 1,269 | 47 | 65 | ||||||||||||||||||
Cost of Shares Redeemed | — | (8 | ) | (43,136 | ) | (12,314 | ) | (1,523 | ) | (707 | ) | |||||||||||||
Change in Net Assets from A Shares | 77 | — | 5,556 | 5,701 | (755 | ) | 510 | |||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | — | — | — | — | 230 | 273 | ||||||||||||||||||
Dividends Reinvested | — | — | — | — | 28 | 51 | ||||||||||||||||||
Cost of Shares Redeemed | — | — | — | — | (333 | ) | (679 | ) | ||||||||||||||||
Change in Net Assets from C Shares | — | — | — | — | (75 | ) | (355 | ) | ||||||||||||||||
R Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | — | — | 104 | 662 | — | — | ||||||||||||||||||
Dividends Reinvested | — | — | 150 | 169 | — | — | ||||||||||||||||||
Cost of Shares Redeemed | — | — | (3,560 | ) | (705 | ) | — | — | ||||||||||||||||
Change in Net Assets from R Shares | — | — | (3,306 | ) | 126 | — | — | |||||||||||||||||
Change in Net Assets from Capital Transactions | $ | 5,006 | $ | (715 | ) | $ | (96,928 | ) | $ | 720,459 | $ | (141,338 | ) | $ | 141,453 | |||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 3,807 | 469 | 95,517 | 130,252 | 10,711 | 23,415 | ||||||||||||||||||
Reinvested | 13 | 16 | 7,658 | 8,295 | 256 | 336 | ||||||||||||||||||
Redeemed | (3,880 | ) | (551 | ) | (114,149 | ) | (57,773 | ) | (25,039 | ) | (9,270 | ) | ||||||||||||
Change in I Shares | (60 | ) | (66 | ) | (10,974 | ) | 80,774 | (14,072 | ) | 14,481 | ||||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 8 | 1 | 5,030 | 1,901 | 72 | 117 | ||||||||||||||||||
Reinvested | — | — | 101 | 145 | 5 | 7 | ||||||||||||||||||
Redeemed | — | (1 | ) | (4,620 | ) | (1,423 | ) | (152 | ) | (72 | ) | |||||||||||||
Change in A Shares | 8 | — | 511 | 623 | (75 | ) | 52 | |||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | — | — | — | — | 23 | 27 | ||||||||||||||||||
Reinvested | — | — | — | — | 3 | 5 | ||||||||||||||||||
Redeemed | — | — | — | — | (33 | ) | (69 | ) | ||||||||||||||||
Change in C Shares | — | — | — | — | (7 | ) | (37 | ) | ||||||||||||||||
R Shares: | ||||||||||||||||||||||||
Issued | — | — | 11 | 77 | — | — | ||||||||||||||||||
Reinvested | — | — | 16 | 19 | — | — | ||||||||||||||||||
Redeemed | — | — | (366 | ) | (78 | ) | — | — | ||||||||||||||||
Change in R Shares | — | — | (339 | ) | 18 | — | — | |||||||||||||||||
Change in Shares | (52 | ) | (66 | ) | (10,802 | ) | 81,415 | (14,154 | ) | 14,496 | ||||||||||||||
172
Short-Term | ||||||||||||||||||||||||
U.S. Treasury | Total Return | Ultra-Short | ||||||||||||||||||||||
Securities Fund | Bond Fund | Bond Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 406 | $ | 809 | $ | 23,231 | $ | 25,439 | $ | 1,400 | $ | 1,678 | ||||||||||||
Net Realized Gain (Loss) | 258 | 1,123 | 20,286 | 9,199 | 159 | (1,583 | ) | |||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (255 | ) | (1,165 | ) | (6,205 | ) | 16,402 | 331 | 3,800 | |||||||||||||||
Change in Net Assets from Operations | 409 | 767 | 37,312 | 51,040 | 1,890 | 3,895 | ||||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (331 | ) | (711 | ) | (18,081 | ) | (22,794 | ) | (1,635 | ) | (1,680 | ) | ||||||||||||
A Shares | (59 | ) | (78 | ) | (343 | ) | (126 | ) | — | — | ||||||||||||||
C Shares | (16 | ) | (22 | ) | — | — | — | — | ||||||||||||||||
R Shares | — | — | (33 | ) | (15 | ) | — | — | ||||||||||||||||
Tax Return of Capital: | ||||||||||||||||||||||||
I Shares | — | — | (5,873 | ) | — | — | — | |||||||||||||||||
A Shares | — | — | (117 | ) | — | — | — | |||||||||||||||||
R Shares | — | — | (12 | ) | — | — | — | |||||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | (401 | ) | (158 | ) | (28,505 | ) | (9,360 | ) | — | — | ||||||||||||||
A Shares | (86 | ) | (12 | ) | (748 | ) | (82 | ) | — | — | ||||||||||||||
C Shares | (121 | ) | (17 | ) | — | — | — | — | ||||||||||||||||
R Shares | — | — | (76 | ) | (9 | ) | — | — | ||||||||||||||||
Total Dividends and Distributions | (1,014 | ) | (998 | ) | (53,788 | ) | (32,386 | ) | (1,635 | ) | (1,680 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | (9,028 | ) | (39,659 | ) | (11,996 | ) | 112,082 | 23,012 | 35,225 | |||||||||||||||
Change in Net Assets | (9,633 | ) | (39,890 | ) | (28,472 | ) | 130,736 | 23,267 | 37,440 | |||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 45,769 | 85,659 | 733,838 | 603,102 | 92,528 | 55,088 | ||||||||||||||||||
End of Period | $ | 36,136 | $ | 45,769 | $ | 705,366 | $ | 733,838 | $ | 115,795 | $ | 92,528 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | (2 | ) | $ | (2 | ) | $ | (2,115 | ) | $ | (1,876 | ) | $ | 16 | $ | 20 | ||||||||
173
Short-Term | ||||||||||||||||||||||||
U.S. Treasury | Total Return | Ultra-Short | ||||||||||||||||||||||
Securities Fund | Bond Fund | Bond Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 7,095 | $ | 49,937 | $ | 361,728 | $ | 403,149 | $ | 108,470 | $ | 88,321 | ||||||||||||
Dividends Reinvested | 309 | 265 | 34,441 | 17,434 | 871 | 919 | ||||||||||||||||||
Cost of Shares Redeemed | (17,649 | ) | (78,270 | ) | (420,287 | ) | (316,866 | ) | (86,329 | ) | (54,015 | ) | ||||||||||||
Change in Net Assets from I Shares | (10,245 | ) | (28,068 | ) | (24,118 | ) | 103,717 | 23,012 | 35,225 | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 909 | 4,366 | 17,408 | 10,059 | — | — | ||||||||||||||||||
Dividends Reinvested | 63 | 62 | 1,145 | 191 | — | — | ||||||||||||||||||
Cost of Shares Redeemed | (1,166 | ) | (15,368 | ) | (8,649 | ) | (2,257 | ) | — | — | ||||||||||||||
Change in Net Assets from A Shares | (194 | ) | (10,940 | ) | 9,904 | 7,993 | — | — | ||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 2,720 | 929 | — | — | — | — | ||||||||||||||||||
Dividends Reinvested | 120 | 33 | — | — | — | — | ||||||||||||||||||
Cost of Shares Redeemed | (1,429 | ) | (1,613 | ) | — | — | — | — | ||||||||||||||||
Change in Net Assets from C Shares | 1,411 | (651 | ) | — | — | — | — | |||||||||||||||||
R Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | — | — | 2,481 | 520 | — | — | ||||||||||||||||||
Dividends Reinvested | — | — | 120 | 24 | — | — | ||||||||||||||||||
Cost of Shares Redeemed | — | — | (383 | ) | (172 | ) | — | — | ||||||||||||||||
Change in Net Assets from R Shares | — | — | 2,218 | 372 | — | — | ||||||||||||||||||
Change in Net Assets from Capital Transactions | $ | (9,028 | ) | $ | (39,659 | ) | $ | (11,996 | ) | $ | 112,082 | $ | 23,012 | $ | 35,225 | |||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 689 | 4,869 | 33,464 | 38,188 | 10,917 | 8,982 | ||||||||||||||||||
Reinvested | 30 | 26 | 3,266 | 1,650 | 88 | 94 | ||||||||||||||||||
Redeemed | (1,716 | ) | (7,607 | ) | (39,231 | ) | (30,163 | ) | (8,689 | ) | (5,524 | ) | ||||||||||||
Change in I Shares | (997 | ) | (2,712 | ) | (2,501 | ) | 9,675 | 2,316 | 3,552 | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 89 | 425 | 1,551 | 925 | — | — | ||||||||||||||||||
Reinvested | 6 | 6 | 106 | 18 | — | — | ||||||||||||||||||
Redeemed | (114 | ) | (1,495 | ) | (799 | ) | (209 | ) | — | — | ||||||||||||||
Change in A Shares | (19 | ) | (1,064 | ) | 858 | 734 | — | — | ||||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | 265 | 91 | — | — | — | — | ||||||||||||||||||
Reinvested | 12 | 3 | — | — | — | — | ||||||||||||||||||
Redeemed | (140 | ) | (157 | ) | — | �� | — | — | — | |||||||||||||||
Change in C Shares | 137 | (63 | ) | — | — | — | — | |||||||||||||||||
R Shares: | ||||||||||||||||||||||||
Issued | — | — | 230 | 49 | — | — | ||||||||||||||||||
Reinvested | — | — | 11 | 2 | — | — | ||||||||||||||||||
Redeemed | — | — | (37 | ) | (16 | ) | — | — | ||||||||||||||||
Change in R Shares | — | — | 204 | 35 | — | — | ||||||||||||||||||
Change in Shares | (879 | ) | (3,839 | ) | (1,439 | ) | 10,444 | 2,316 | 3,552 | |||||||||||||||
174
U.S. Government | Virginia Intermediate | |||||||||||||||||||||||
U.S. Government | Securities Ultra-Short | Municipal | ||||||||||||||||||||||
Securities Fund | Bond Fund | Bond Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10# | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net Investment Income | $ | 1,319 | $ | 3,693 | $ | 11,270 | $ | 12,556 | $ | 6,537 | $ | 7,284 | ||||||||||||
Net Realized Gain (Loss) | 1,999 | 12,195 | 3,105 | (1,312 | ) | 1,096 | 999 | |||||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) | (11 | ) | (22,059 | ) | 10,268 | 2,430 | (3,124 | ) | 2,661 | |||||||||||||||
Change in Net Assets from Operations | 3,307 | (6,171 | ) | 24,643 | 13,674 | 4,509 | 10,944 | |||||||||||||||||
Dividends and Distributions to Shareholders: | ||||||||||||||||||||||||
Net Investment Income: | ||||||||||||||||||||||||
I Shares | (1,248 | ) | (3,954 | ) | (24,487 | ) | (15,844 | ) | (6,109 | ) | (6,879 | ) | ||||||||||||
A Shares | (42 | ) | (61 | ) | — | — | (429 | ) | (382 | ) | ||||||||||||||
C Shares | (30 | ) | (55 | ) | — | — | — | (21 | ) | |||||||||||||||
Net Realized Gains: | ||||||||||||||||||||||||
I Shares | (2,208 | ) | (17,876 | ) | — | — | (1,195 | ) | (470 | ) | ||||||||||||||
A Shares | (88 | ) | (469 | ) | — | — | (86 | ) | (31 | ) | ||||||||||||||
C Shares | (103 | ) | (584 | ) | — | — | — | — | ||||||||||||||||
Total Dividends and Distributions | (3,719 | ) | (22,999 | ) | (24,487 | ) | (15,844 | ) | (7,819 | ) | (7,783 | ) | ||||||||||||
Change in Net Assets from Capital Transactions | (23,710 | ) | (241,898 | ) | 307,644 | 1,252,487 | (24,456 | ) | 10,526 | |||||||||||||||
Change in Net Assets | (24,122 | ) | (271,068 | ) | 307,800 | 1,250,317 | (27,766 | ) | 13,687 | |||||||||||||||
Net Assets: | ||||||||||||||||||||||||
Beginning of Period | 77,262 | 348,330 | 1,340,992 | 90,675 | 205,773 | 192,086 | ||||||||||||||||||
End of Period | $ | 53,140 | $ | 77,262 | $ | 1,648,792 | $ | 1,340,992 | $ | 178,007 | $ | 205,773 | ||||||||||||
Accumulated Net Investment Income (Loss), End of Period | $ | — | $ | 1 | $ | 1,085 | $ | 1,456 | $ | 38 | $ | 34 | ||||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the Virginia Intermediate Bond Fund and the Fund’s C Shares are no longer available for purchase. |
175
U.S. Government | Virginia Intermediate | |||||||||||||||||||||||
U.S. Government | Securities Ultra-Short | Municipal | ||||||||||||||||||||||
Securities Fund | Bond Fund | Bond Fund | ||||||||||||||||||||||
04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | 04/01/10- | 04/01/09- | |||||||||||||||||||
03/31/11 | 03/31/10 | 03/31/11 | 03/31/10 | 03/31/11 | 03/31/10# | |||||||||||||||||||
Capital Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | $ | 14,813 | $ | 25,469 | $ | 1,363,674 | $ | 1,477,956 | $ | 22,185 | $ | 51,209 | ||||||||||||
Dividends Reinvested | 2,386 | 11,829 | 19,505 | 11,403 | 703 | 340 | ||||||||||||||||||
Cost of Shares Redeemed | (40,163 | ) | (279,232 | ) | (1,075,535 | ) | (236,872 | ) | (45,838 | ) | (44,911 | ) | ||||||||||||
Change in Net Assets from I Shares | (22,964 | ) | (241,934 | ) | 307,644 | 1,252,487 | (22,950 | ) | 6,638 | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 548 | 417 | — | — | 2,198 | 7,147 | ||||||||||||||||||
Dividends Reinvested | 105 | 423 | — | — | 239 | 218 | ||||||||||||||||||
Cost of Shares Redeemed | (853 | ) | (907 | ) | — | — | (3,943 | ) | (861 | ) | ||||||||||||||
Change in Net Assets from A Shares | (200 | ) | (67 | ) | — | — | (1,506 | ) | 6,504 | |||||||||||||||
C Shares: | ||||||||||||||||||||||||
Proceeds from Shares Issued | 111 | 134 | — | — | — | 5 | ||||||||||||||||||
Dividends Reinvested | 121 | 596 | — | — | — | 14 | ||||||||||||||||||
Cost of Shares Redeemed | (778 | ) | (627 | ) | — | — | — | (2,635 | ) | |||||||||||||||
Change in Net Assets from C Shares | (546 | ) | 103 | — | — | — | (2,616 | ) | ||||||||||||||||
Change in Net Assets from Capital Transactions | $ | (23,710 | ) | $ | (241,898 | ) | $ | 307,644 | $ | 1,252,487 | $ | (24,456 | ) | $ | 10,526 | |||||||||
Shares Transactions: | ||||||||||||||||||||||||
I Shares: | ||||||||||||||||||||||||
Issued | 1,644 | 2,472 | 135,317 | 146,490 | 2,121 | 4,926 | ||||||||||||||||||
Reinvested | 271 | 1,316 | 1,936 | 1,131 | 68 | 32 | ||||||||||||||||||
Redeemed | (4,489 | ) | (26,334 | ) | (106,750 | ) | (23,484 | ) | (4,413 | ) | (4,315 | ) | ||||||||||||
Change in I Shares | (2,574 | ) | (22,546 | ) | 30,503 | 124,137 | (2,224 | ) | 643 | |||||||||||||||
A Shares: | ||||||||||||||||||||||||
Issued | 60 | 39 | — | — | 209 | 687 | ||||||||||||||||||
Reinvested | 12 | 47 | — | — | 23 | 21 | ||||||||||||||||||
Redeemed | (94 | ) | (88 | ) | — | — | (381 | ) | (83 | ) | ||||||||||||||
Change in A Shares | (22 | ) | (2 | ) | — | — | (149 | ) | 625 | |||||||||||||||
C Shares: | ||||||||||||||||||||||||
Issued | 12 | 14 | — | — | — | 1 | ||||||||||||||||||
Reinvested | 14 | 67 | — | — | — | 1 | ||||||||||||||||||
Redeemed | (86 | ) | (62 | ) | — | — | — | (255 | ) | |||||||||||||||
Change in C Shares | (60 | ) | 19 | — | — | — | (253 | ) | ||||||||||||||||
Change in Shares | (2,656 | ) | (22,529 | ) | 30,503 | 124,137 | (2,373 | ) | 1,015 | |||||||||||||||
# | Effective at the close of business on July 31, 2009, C Shares converted into A Shares for the Virginia Intermediate Bond Fund and the Fund’s C Shares are no longer available for purchase. |
176
Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | Ratio of | Net | Ratio of | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Investment | Expenses to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Net | Expenses | Income | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | Distributions | from | Total | Asset | to | to | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | from Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | |||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total From | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers And | Turnover | |||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | |||||||||||||||||||||||||||||||||||||||||||||
Corporate Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 9.63 | $ | 0.45 | (d) | $ | 0.20 | $ | 0.65 | $ | (0.45 | ) | $ | — | $ | (0.24 | ) | $ | (0.69 | ) | $ | 9.59 | 6.92 | % | $ | 63,132 | 0.52 | % | 4.56 | % | 0.52 | % | 47 | % | |||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.53 | 0.46 | (d) | 1.09 | 1.55 | (0.45 | ) | — | — | (0.45 | ) | 9.63 | 18.49 | 157,739 | 0.50 | 4.86 | 0.50 | 75 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.60 | 0.49 | (d) | (0.86 | ) | (0.37 | ) | (0.70 | ) | — | — | (0.70 | ) | 8.53 | (4.10 | ) | 39,881 | 0.73 | 5.29 | 0.74 | 357 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.88 | 0.60 | (d) | (0.27 | ) | 0.33 | (0.61 | ) | — | — | (0.61 | ) | 9.60 | 3.43 | 62,581 | 0.69 | 6.16 | 0.71 | 439 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.64 | 0.50 | (d) | 0.31 | 0.81 | (0.40 | ) | (0.17 | ) | — | (0.57 | ) | 9.88 | 8.66 | 86,812 | 0.71 | 5.20 | 0.73 | 397 | ||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.67 | 0.42 | (d) | 0.21 | 0.63 | (0.42 | ) | — | (0.24 | ) | (0.66 | ) | 9.64 | 6.67 | 2,198 | 0.83 | 4.25 | 0.83 | 47 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.57 | 0.43 | (d) | 1.10 | 1.53 | (0.43 | ) | — | — | (0.43 | ) | 9.67 | 18.05 | 4,524 | 0.80 | 4.52 | 0.80 | 75 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.64 | 0.45 | (d) | (0.85 | ) | (0.40 | ) | (0.67 | ) | — | — | (0.67 | ) | 8.57 | (4.37 | ) | 2,181 | 1.03 | 4.96 | 1.03 | 357 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.92 | 0.57 | (d) | (0.27 | ) | 0.30 | (0.58 | ) | — | — | (0.58 | ) | 9.64 | 3.10 | 1,226 | 0.99 | 5.84 | 1.00 | 439 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.68 | 0.49 | (d) | 0.30 | 0.79 | (0.39 | ) | (0.16 | ) | — | (0.55 | ) | 9.92 | 8.31 | 1,144 | 1.01 | 5.10 | 1.03 | 397 | ||||||||||||||||||||||||||||||||||||||||
C Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.63 | 0.36 | (d) | 0.20 | 0.56 | (0.36 | ) | — | (0.24 | ) | (0.60 | ) | 9.59 | 5.87 | 16,193 | 1.50 | 3.64 | 1.50 | 47 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 8.53 | 0.36 | 1.10 | 1.46 | (0.36 | ) | — | — | (0.36 | ) | 9.63 | 17.32 | 18,885 | 1.50 | 3.89 | 1.50 | 75 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.61 | 0.40 | (d) | (0.87 | ) | (0.47 | ) | (0.61 | ) | — | — | (0.61 | ) | 8.53 | (5.16 | ) | 18,171 | 1.73 | 4.32 | 1.74 | 357 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.88 | 0.50 | (d) | (0.26 | ) | 0.24 | (0.51 | ) | — | — | (0.51 | ) | 9.61 | 2.50 | 24,777 | 1.70 | 5.17 | 1.71 | 439 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.65 | 0.43 | (d) | 0.28 | 0.71 | (0.34 | ) | (0.14 | ) | — | (0.48 | ) | 9.88 | 7.48 | 32,864 | 1.71 | 4.43 | 1.73 | 397 | ||||||||||||||||||||||||||||||||||||||||
Georgia Tax-Exempt Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.23 | 0.39 | (d) | (0.50 | ) | (0.11 | ) | (0.39 | ) | — | — | (0.39 | ) | 9.73 | (1.19 | ) | 159,996 | 0.61 | 3.81 | 0.61 | 44 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.81 | 0.39 | 0.42 | 0.81 | (0.39 | ) | — | — | (0.39 | ) | 10.23 | 8.32 | 205,856 | 0.60 | 3.80 | 0.60 | 45 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009Ù | 9.95 | 0.37 | (0.14 | ) | 0.23 | (0.37 | ) | — | — | (0.37 | ) | 9.81 | 2.43 | 163,761 | 0.67 | 3.82 | 0.68 | 63 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.25 | 0.39 | (0.33 | ) | 0.06 | (0.36 | ) | — | — | (0.36 | ) | 9.95 | 0.60 | 169,453 | 0.59 | 3.83 | 0.60 | 30 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.16 | 0.37 | 0.13 | 0.50 | (0.40 | ) | — | (0.01 | ) | (0.41 | ) | 10.25 | 4.95 | 142,485 | 0.60 | 3.71 | 0.60 | 61 | |||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.24 | 0.37 | (d) | (0.49 | ) | (0.12 | ) | (0.37 | ) | — | — | (0.37 | ) | 9.75 | (1.24 | ) | 5,557 | 0.76 | 3.64 | 0.76 | 44 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.83 | 0.36 | 0.42 | 0.78 | (0.37 | ) | — | — | (0.37 | ) | 10.24 | 8.03 | 10,184 | 0.75 | 3.56 | 0.75 | 45 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009Ù | 9.97 | 0.37 | (0.15 | ) | 0.22 | (0.36 | ) | — | — | (0.36 | ) | 9.83 | 2.27 | 2,747 | 0.82 | 3.66 | 0.83 | 63 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.26 | 0.38 | (0.32 | ) | 0.06 | (0.35 | ) | — | — | (0.35 | ) | 9.97 | 0.54 | 4,164 | 0.74 | 3.63 | 0.75 | 30 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.18 | 0.35 | 0.12 | 0.47 | (0.38 | ) | — | (0.01 | ) | (0.39 | ) | 10.26 | 4.68 | 3,592 | 0.75 | 3.56 | 0.75 | 61 | |||||||||||||||||||||||||||||||||||||||||
High Grade Municipal Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.15 | 0.44 | (d) | (0.23 | ) | 0.21 | (0.44 | ) | — | — | (0.44 | ) | 10.92 | 1.82 | 47,695 | 0.65 | 3.90 | 0.71 | 122 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.49 | 0.42 | 0.66 | 1.08 | (0.42 | ) | — | — | (0.42 | ) | 11.15 | 10.43 | 55,203 | 0.64 | 3.83 | 0.66 | 123 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.80 | 0.38 | (0.31 | ) | 0.07 | (0.38 | ) | — | — | (0.38 | ) | 10.49 | 0.72 | 74,586 | 0.62 | 3.57 | 0.62 | 209 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.92 | 0.37 | (0.09 | ) | 0.28 | (0.37 | ) | — | (0.03 | ) | (0.40 | ) | 10.80 | 2.58 | 173,975 | 0.66 | 3.40 | 0.66 | 183 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.82 | 0.37 | 0.12 | 0.49 | (0.37 | ) | — | (0.02 | ) | (0.39 | ) | 10.92 | 4.54 | 163,707 | 0.60 | 3.37 | 0.61 | 128 | |||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.15 | 0.42 | (d) | (0.23 | ) | 0.19 | (0.42 | ) | — | — | (0.42 | ) | 10.92 | 1.66 | 7,914 | 0.80 | 3.72 | 0.87 | 122 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.49 | 0.40 | 0.66 | 1.06 | (0.40 | ) | — | — | (0.40 | ) | 11.15 | 10.26 | 5,605 | 0.79 | 3.66 | 0.81 | 123 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.80 | 0.37 | (0.31 | ) | 0.06 | (0.37 | ) | — | — | (0.37 | ) | 10.49 | 0.56 | 1,900 | 0.78 | 3.47 | 0.78 | 209 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.93 | 0.35 | (0.10 | ) | 0.25 | (0.35 | ) | — | (0.03 | ) | (0.38 | ) | 10.80 | 2.33 | 2,442 | 0.81 | 3.26 | 0.81 | 183 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.83 | 0.35 | 0.12 | 0.47 | (0.35 | ) | — | (0.02 | ) | (0.37 | ) | 10.93 | 4.38 | 2,844 | 0.75 | 3.23 | 0.76 | 128 |
177
Ratio of | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | Ratio of | Net | Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Investment | Expenses to | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Net | Expenses | Income | Average Net | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | Distributions | from | Total | Asset | to | to | Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | from Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | ||||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total From | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers And | Turnover | ||||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | ||||||||||||||||||||||||||||||||||||||||||||||
High Income Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 6.77 | $ | 0.50 | (d) | $ | 0.54 | $ | 1.04 | $ | (0.50 | ) | $ | — | $ | (0.02 | ) | $ | (0.52 | ) | $ | 7.29 | 15.83 | %(h) | $ | 394,690 | 0.70 | % | 7.10 | % | 0.70 | % | 269 | % | ||||||||||||||||||||||||||
Year Ended March 31, 2010 | 4.67 | 0.55 | 2.09 | 2.64 | (0.54 | ) | — | — | (0.54 | ) | 6.77 | 58.65 | 148,252 | 0.70 | 8.97 | 0.72 | 466 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 6.40 | 0.54 | (1.74 | ) | (1.20 | ) | (0.53 | ) | — | — | (0.53 | ) | 4.67 | (19.40 | ) | 23,995 | 0.70 | 9.67 | 0.76 | 368 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 7.36 | 0.57 | (0.82 | ) | (0.25 | ) | (0.58 | ) | — | (0.13 | ) | (0.71 | ) | 6.40 | (3.68 | ) | 30,587 | 0.70 | 8.23 | 0.71 | 403 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 6.97 | 0.58 | 0.39 | 0.97 | (0.58 | ) | — | — | (0.58 | ) | 7.36 | 14.58 | 42,809 | 0.70 | 8.11 | 0.71 | 379 | |||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 6.78 | 0.47 | (d) | 0.54 | 1.01 | (0.48 | ) | — | (0.02 | ) | (0.50 | ) | 7.29 | 15.47 | 70,552 | 1.00 | 6.62 | 1.00 | 269 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 4.68 | 0.53 | 2.09 | 2.62 | (0.52 | ) | — | — | (0.52 | ) | 6.78 | 58.07 | 3,822 | 0.99 | 8.67 | 1.01 | 466 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 6.41 | 0.52 | (1.74 | ) | (1.22 | ) | (0.51 | ) | — | — | (0.51 | ) | 4.68 | (19.60 | ) | 860 | 0.99 | 8.33 | 1.04 | 368 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 7.37 | 0.55 | (0.82 | ) | (0.27 | ) | (0.56 | ) | — | (0.13 | ) | (0.69 | ) | 6.41 | (3.96 | ) | 847 | 1.00 | 7.95 | 1.02 | 403 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 6.98 | 0.56 | 0.39 | 0.95 | (0.56 | ) | — | — | (0.56 | ) | 7.37 | 14.22 | 498 | 1.00 | 7.86 | 1.01 | 379 | |||||||||||||||||||||||||||||||||||||||||||
R Shares(e) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 6.78 | 0.45 | (d) | 0.53 | 0.98 | (0.45 | ) | — | (0.02 | ) | (0.47 | ) | 7.29 | 15.07 | 15,671 | 1.40 | 6.54 | 1.40 | 269 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 4.67 | 0.51 | 2.10 | 2.61 | (0.50 | ) | — | — | (0.50 | ) | 6.78 | 57.86 | 16,176 | 1.35 | 8.68 | 1.38 | 466 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 6.40 | 0.49 | (1.74 | ) | (1.25 | ) | (0.48 | ) | — | — | (0.48 | ) | 4.67 | (20.20 | ) | 12,249 | 1.70 | 8.54 | 1.76 | 368 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 7.36 | 0.50 | (0.82 | ) | (0.32 | ) | (0.51 | ) | — | (0.13 | ) | (0.64 | ) | 6.40 | (4.63 | ) | 20,546 | 1.71 | 7.24 | 1.72 | 403 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 6.97 | 0.51 | 0.39 | 0.90 | (0.51 | ) | — | — | (0.51 | ) | 7.36 | 13.45 | 28,862 | 1.70 | 7.11 | 1.71 | 379 | |||||||||||||||||||||||||||||||||||||||||||
Intermediate Bond Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.53 | 0.29 | (d) | 0.11 | 0.40 | (0.25 | ) | (0.03 | ) | (0.30 | ) | (0.58 | ) | 10.35 | 3.75 | 1,305,914 | 0.34 | 2.73 | 0.34 | 128 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.27 | 0.34 | (d) | 0.27 | 0.61 | (0.30 | ) | — | (0.05 | ) | (0.35 | ) | 10.53 | 6.08 | 1,559,191 | 0.31 | 3.24 | 0.31 | 122 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.29 | 0.43 | 0.24 | 0.67 | (0.46 | ) | — | (0.23 | ) | (0.69 | ) | 10.27 | 6.83 | 1,071,496 | 0.29 | 4.24 | 0.29 | 217 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.96 | 0.50 | 0.33 | 0.83 | (0.49 | ) | — | (0.01 | ) | (0.50 | ) | 10.29 | 8.57 | 812,982 | 0.29 | 4.80 | 0.30 | 254 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.85 | 0.46 | (d) | 0.11 | 0.57 | (0.46 | ) | — | — | (0.46 | ) | 9.96 | 5.97 | 94,136 | 0.31 | 4.67 | 0.31 | 225 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.53 | 0.28 | (d) | 0.09 | 0.37 | (0.22 | ) | (0.03 | ) | (0.30 | ) | (0.55 | ) | 10.35 | 3.49 | 12,926 | 0.60 | 2.62 | 0.60 | 128 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.27 | 0.31 | (d) | 0.28 | 0.59 | (0.28 | ) | — | (0.05 | ) | (0.33 | ) | 10.53 | 5.83 | 11,916 | 0.55 | 2.96 | 0.55 | 122 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.29 | 0.41 | 0.23 | 0.64 | (0.43 | ) | — | (0.23 | ) | (0.66 | ) | 10.27 | 6.54 | 2,624 | 0.54 | 3.89 | 0.54 | 217 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.95 | 0.47 | 0.34 | 0.81 | (0.46 | ) | — | (0.01 | ) | (0.47 | ) | 10.29 | 8.39 | 736 | 0.55 | 4.60 | 0.55 | 254 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.85 | 0.44 | (d) | 0.10 | 0.54 | (0.44 | ) | — | — | (0.44 | ) | 9.95 | 5.62 | 105 | 0.58 | 4.72 | 0.58 | 225 | ||||||||||||||||||||||||||||||||||||||||||
R Shares(f) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.53 | 0.23 | (d) | 0.09 | 0.32 | (0.17 | ) | (0.03 | ) | (0.30 | ) | (0.50 | ) | 10.35 | 3.03 | 901 | 1.10 | 2.13 | 1.10 | 128 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.27 | 0.27 | (d) | 0.28 | 0.55 | (0.24 | ) | — | (0.05 | ) | (0.29 | ) | 10.53 | 5.47 | 1,068 | 0.91 | 2.56 | 0.91 | 122 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.29 | 0.36 | 0.22 | 0.58 | (0.37 | ) | — | (0.23 | ) | (0.60 | ) | 10.27 | 5.84 | 543 | 1.02 | 3.33 | 1.02 | 217 | ||||||||||||||||||||||||||||||||||||||||||
Period from January 18, 2008 through March 31, 2008 | 10.32 | 0.07 | (0.03 | ) | 0.04 | (0.07 | ) | — | — | (0.07 | ) | 10.29 | 0.40 | 9 | 1.28 | 3.62 | 1.28 | 254 | ||||||||||||||||||||||||||||||||||||||||||
Period from April 1, 2007 through October 17, 2007 | 9.95 | 0.21 | 0.01 | 0.22 | (0.21 | ) | — | — | (0.21 | ) | 9.96 | 2.21 | 1 | 1.43 | 3.86 | 1.43 | 254 | |||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.85 | 0.36 | (d) | 0.12 | 0.48 | (0.38 | ) | — | — | (0.38 | ) | 9.95 | 4.92 | 1 | 1.31 | 3.61 | 1.31 | 225 |
178
Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | Ratio of | Net | Ratio of | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Investment | Expenses to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Net | Expenses | Income | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | Distributions | from | Total | Asset | to | to | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | from Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | |||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total From | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers And | Turnover | |||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | |||||||||||||||||||||||||||||||||||||||||||||
Investment Grade Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 11.42 | $ | 0.36 | (d) | $ | 0.09 | $ | 0.45 | $ | (0.25 | ) | $ | (0.10 | ) | $ | (0.52 | ) | $ | (0.87 | ) | $ | 11.00 | 3.91 | % | $ | 295,931 | 0.60 | % | 3.11 | % | 0.60 | % | 121 | % | ||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.93 | 0.43 | 0.46 | 0.89 | (0.39 | ) | — | (0.01 | ) | (0.40 | ) | 11.42 | 8.26 | 372,232 | 0.57 | 3.89 | 0.57 | 99 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.74 | 0.46 | 0.24 | 0.70 | (0.51 | ) | — | — | (0.51 | ) | 10.93 | 6.78 | 389,205 | 0.56 | 4.38 | 0.56 | 208 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.49 | 0.50 | 0.26 | 0.76 | (0.51 | ) | — | — | (0.51 | ) | 10.74 | 7.47 | 385,110 | 0.56 | 4.82 | 0.56 | 227 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.40 | 0.49 | 0.10 | 0.59 | (0.50 | ) | — | — | (0.50 | ) | 10.49 | 5.79 | 394,196 | 0.55 | 4.70 | 0.55 | 240 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.42 | 0.35 | (d) | 0.06 | 0.41 | (0.21 | ) | (0.10 | ) | (0.52 | ) | (0.83 | ) | 11.00 | 3.61 | 19,087 | 0.87 | 3.03 | 0.87 | 121 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.93 | 0.41 | 0.45 | 0.86 | (0.36 | ) | — | (0.01 | ) | (0.37 | ) | 11.42 | 7.91 | 26,790 | 0.89 | 3.59 | 0.89 | 99 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.74 | 0.43 | 0.24 | 0.67 | (0.48 | ) | — | — | (0.48 | ) | 10.93 | 6.46 | 25,996 | 0.86 | 4.10 | 0.86 | 208 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.49 | 0.47 | 0.26 | 0.73 | (0.48 | ) | — | — | (0.48 | ) | 10.74 | 7.15 | 14,495 | 0.86 | 4.54 | 0.86 | 227 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.40 | 0.46 | 0.10 | 0.56 | (0.47 | ) | — | — | (0.47 | ) | 10.49 | 5.48 | 16,526 | 0.85 | 4.40 | 0.85 | 240 | ||||||||||||||||||||||||||||||||||||||||||
R Shares(e) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.42 | 0.31 | (d) | 0.08 | 0.39 | (0.18 | ) | (0.10 | ) | (0.52 | ) | (0.80 | ) | 11.01 | 3.41 | 6,648 | 1.20 | 2.71 | 1.20 | 121 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.93 | 0.37 | 0.45 | 0.82 | (0.32 | ) | — | (0.01 | ) | (0.33 | ) | 11.42 | 7.54 | 9,616 | 1.23 | 3.23 | 1.23 | 99 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.75 | 0.37 | 0.22 | 0.59 | (0.41 | ) | — | — | (0.41 | ) | 10.93 | 5.62 | 11,268 | 1.55 | 3.37 | 1.55 | 208 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.50 | 0.40 | 0.26 | 0.66 | (0.41 | ) | — | — | (0.41 | ) | 10.75 | 6.40 | 7,709 | 1.56 | 3.83 | 1.56 | 227 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.40 | 0.38 | 0.11 | 0.49 | (0.39 | ) | — | — | (0.39 | ) | 10.50 | 4.84 | 9,024 | 1.55 | 3.69 | 1.55 | 240 | ||||||||||||||||||||||||||||||||||||||||||
Investment Grade Tax-Exempt Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 11.99 | 0.33 | (d) | (0.06 | ) | 0.27 | (0.33 | ) | — | (0.28 | ) | (0.61 | ) | 11.65 | 2.22 | 1,067,672 | 0.57 | 2.71 | 0.57 | 159 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 11.60 | 0.37 | 0.56 | 0.93 | (0.37 | ) | — | (0.17 | ) | (0.54 | ) | 11.99 | 8.15 | 1,037,972 | 0.55 | 3.08 | 0.56 | 169 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.59 | 0.38 | 0.08 | 0.46 | (0.38 | ) | — | (0.07 | ) | (0.45 | ) | 11.60 | 4.12 | 817,297 | 0.54 | 3.30 | 0.55 | 221 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 11.47 | 0.38 | 0.15 | 0.53 | (0.38 | ) | — | (0.03 | ) | (0.41 | ) | 11.59 | 4.73 | 546,323 | 0.57 | 3.32 | 0.57 | 189 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 11.38 | 0.38 | 0.12 | 0.50 | (0.37 | ) | — | (0.04 | ) | (0.41 | ) | 11.47 | 4.51 | 410,473 | 0.55 | 3.28 | 0.55 | 214 | |||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 12.00 | 0.29 | (d) | (0.06 | ) | 0.23 | (0.29 | ) | — | (0.28 | ) | (0.57 | ) | 11.66 | 1.93 | 31,189 | 0.85 | 2.42 | 0.85 | 159 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 11.61 | 0.34 | 0.56 | 0.90 | (0.34 | ) | — | (0.17 | ) | (0.51 | ) | 12.00 | 7.82 | 24,344 | 0.84 | 2.74 | 0.85 | 169 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 11.60 | 0.34 | 0.08 | 0.42 | (0.34 | ) | — | (0.07 | ) | (0.41 | ) | 11.61 | 3.81 | 13,819 | 0.84 | 2.97 | 0.84 | 221 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 11.48 | 0.35 | 0.15 | 0.50 | (0.35 | ) | — | (0.03 | ) | (0.38 | ) | 11.60 | 4.41 | 10,869 | 0.87 | 3.02 | 0.87 | 189 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 11.39 | 0.34 | 0.13 | 0.47 | (0.34 | ) | — | (0.04 | ) | (0.38 | ) | 11.48 | 4.20 | 11,723 | 0.85 | 2.97 | 0.85 | 214 | |||||||||||||||||||||||||||||||||||||||||
Limited Duration Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.71 | 0.10 | (d) | 0.03 | 0.13 | (0.08 | ) | — | — | (0.08 | ) | 9.76 | 1.37 | 21,883 | 0.22 | 1.11 | 0.22 | 76 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.52 | 0.08 | 0.18 | 0.26 | (0.07 | ) | — | — | (0.07 | ) | 9.71 | 2.69 | 22,482 | 0.23 | 0.82 | 0.23 | 124 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.87 | 0.23 | (0.37 | ) | (0.14 | ) | (0.21 | ) | — | — | (0.21 | ) | 9.52 | (1.38 | ) | 30,826 | 0.19 | 2.43 | 0.19 | 44 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.98 | 0.50 | (0.12 | ) | 0.38 | (0.49 | ) | — | — | (0.49 | ) | 9.87 | 3.90 | 43,509 | 0.17 | 5.01 | 0.17 | 132 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.99 | 0.51 | (0.02 | ) | 0.49 | (0.50 | ) | — | — | (0.50 | ) | 9.98 | 5.04 | 40,291 | 0.14 | 5.03 | 0.14 | 185 |
179
Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | Ratio of | Net | Ratio of | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Investment | Expenses to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Net | Expenses | Income | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | Distributions | from | Total | Asset | to | to | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | from Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | |||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total From | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers And | Turnover | |||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | |||||||||||||||||||||||||||||||||||||||||||||
Limited-Term Federal Mortgage Securities Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 10.38 | $ | 0.19 | (d) | $ | 0.30 | $ | 0.49 | $ | (0.28 | ) | $ | — | $ | — | $ | (0.28 | ) | $ | 10.59 | 4.73 | % | $ | 30,522 | 0.65 | % | 1.77 | % | 0.80 | % | 452 | % | ||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.19 | 0.31 | 0.23 | 0.54 | (0.35 | ) | — | — | (0.35 | ) | 10.38 | 5.41 | 20,998 | 0.62 | 3.25 | 0.66 | 435 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.93 | 0.43 | 0.29 | 0.72 | (0.46 | ) | — | — | (0.46 | ) | 10.19 | 7.48 | 39,135 | 0.60 | 4.34 | 0.60 | 337 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.94 | 0.46 | (d) | 0.03 | 0.49 | (0.50 | ) | — | — | (0.50 | ) | 9.93 | 5.08 | 85,638 | 0.58 | 4.63 | 0.58 | 154 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.88 | 0.43 | (d) | 0.09 | 0.52 | (0.46 | ) | — | — | (0.46 | ) | 9.94 | 5.33 | 422,749 | 0.55 | 4.32 | 0.55 | 90 | |||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.36 | 0.17 | (d) | 0.30 | 0.47 | (0.26 | ) | — | — | (0.26 | ) | 10.57 | 4.53 | 2,924 | 0.85 | 1.63 | 1.01 | 452 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.17 | 0.30 | 0.22 | 0.52 | (0.33 | ) | — | — | (0.33 | ) | 10.36 | 5.21 | 2,598 | 0.82 | 2.91 | 0.88 | 435 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.91 | 0.41 | 0.29 | 0.70 | (0.44 | ) | — | — | (0.44 | ) | 10.17 | 7.29 | 2,143 | 0.81 | 4.14 | 0.81 | 337 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.92 | 0.44 | (d) | 0.03 | 0.47 | (0.48 | ) | — | — | (0.48 | ) | 9.91 | 4.88 | 2,670 | 0.78 | 4.46 | 0.78 | 154 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.87 | 0.41 | (d) | 0.08 | 0.49 | (0.44 | ) | — | — | (0.44 | ) | 9.92 | 5.03 | 3,540 | 0.75 | 4.12 | 0.75 | 90 | |||||||||||||||||||||||||||||||||||||||||
C Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.38 | 0.09 | (d) | 0.29 | 0.38 | (0.17 | ) | — | — | (0.17 | ) | 10.59 | 3.69 | 7,375 | 1.66 | 0.82 | 1.82 | 452 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.19 | 0.22 | 0.22 | 0.44 | (0.25 | ) | — | — | (0.25 | ) | 10.38 | 4.36 | 8,265 | 1.62 | 2.15 | 1.67 | 435 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.93 | 0.33 | 0.29 | 0.62 | (0.36 | ) | — | — | (0.36 | ) | 10.19 | 6.42 | 8,556 | 1.60 | 3.33 | 1.60 | 337 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.94 | 0.36 | (d) | 0.03 | 0.39 | (0.40 | ) | — | — | (0.40 | ) | 9.93 | 4.04 | 10,798 | 1.58 | 3.65 | 1.59 | 154 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.89 | 0.33 | (d) | 0.08 | 0.41 | (0.36 | ) | — | — | (0.36 | ) | 9.94 | 4.18 | 14,530 | 1.55 | 3.30 | 1.55 | 90 | |||||||||||||||||||||||||||||||||||||||||
Maryland Municipal Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.48 | 0.35 | (d) | (0.29 | ) | 0.06 | (0.35 | ) | — | (0.03 | ) | (0.38 | ) | 10.16 | 0.53 | 21,302 | 0.68 | 3.32 | 0.68 | 33 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.04 | 0.37 | 0.44 | 0.81 | (0.37 | ) | — | — | (0.37 | ) | 10.48 | 8.18 | 24,332 | 0.65 | 3.58 | 0.65 | 35 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.04 | 0.37 | — | 0.37 | (0.37 | ) | — | — | (0.37 | ) | 10.04 | 3.79 | 26,064 | 0.63 | 3.71 | 0.63 | 26 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.21 | 0.37 | (0.16 | ) | 0.21 | (0.37 | ) | — | (0.01 | ) | (0.38 | ) | 10.04 | 2.07 | 38,138 | 0.62 | 3.66 | 0.62 | 23 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.14 | 0.38 | (d) | 0.11 | 0.49 | (0.38 | ) | — | (0.04 | ) | (0.42 | ) | 10.21 | 4.93 | 29,513 | 0.63 | 3.75 | 0.63 | 57 | ||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.48 | 0.33 | (d) | (0.29 | ) | 0.04 | (0.33 | ) | — | (0.03 | ) | (0.36 | ) | 10.16 | 0.38 | 4,081 | 0.83 | 3.18 | 0.83 | 33 | |||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2010# | 10.29 | 0.24 | 0.19 | 0.43 | (0.24 | ) | — | — | (0.24 | ) | 10.48 | 4.18 | 5,200 | 0.81 | 3.38 | 0.81 | 35 | ||||||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2009## | 10.05 | 0.27 | (0.25 | ) | 0.02 | (0.27 | ) | — | — | (0.27 | ) | 9.80 | 0.22 | — | 0.78 | 3.58 | 0.78 | 26 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.22 | 0.36 | (0.16 | ) | 0.20 | (0.36 | ) | — | (0.01 | ) | (0.37 | ) | 10.05 | 1.91 | 45 | 0.79 | 3.65 | 0.79 | 23 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.15 | 0.38 | (d) | 0.10 | 0.48 | (0.37 | ) | — | (0.04 | ) | (0.41 | ) | 10.22 | 4.77 | 45 | 0.78 | 3.69 | 0.78 | 57 | ||||||||||||||||||||||||||||||||||||||||
North Carolina Tax-Exempt Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.07 | 0.36 | (d) | (0.37 | ) | (0.01 | ) | (0.36 | ) | — | — | (0.36 | ) | 9.70 | (0.14 | ) | 51,372 | 0.64 | 3.61 | 0.64 | 49 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.63 | 0.37 | 0.44 | 0.81 | (0.37 | ) | — | — | (0.37 | ) | 10.07 | 8.53 | 51,866 | 0.62 | 3.72 | 0.62 | 65 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.71 | 0.35 | (0.08 | ) | 0.27 | (0.35 | ) | — | — | (0.35 | ) | 9.63 | 2.88 | 43,660 | 0.61 | 3.66 | 0.61 | 74 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.05 | 0.37 | (0.34 | ) | 0.03 | (0.37 | ) | — | — | (0.37 | ) | 9.71 | 0.26 | 43,046 | 0.61 | 3.69 | 0.61 | 76 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.90 | 0.35 | (d) | 0.15 | 0.50 | (0.35 | ) | — | — | (0.35 | ) | 10.05 | 5.17 | 44,130 | 0.59 | 3.54 | 0.59 | 84 | |||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.04 | 0.35 | (d) | (0.37 | ) | (0.02 | ) | (0.35 | ) | — | — | (0.35 | ) | 9.67 | (0.30 | ) | 693 | 0.79 | 3.47 | 0.79 | 49 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.61 | 0.36 | 0.43 | 0.79 | (0.36 | ) | — | — | (0.36 | ) | 10.04 | 8.28 | 762 | 0.77 | 3.57 | 0.77 | 65 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.68 | 0.33 | (0.06 | ) | 0.27 | (0.34 | ) | — | — | (0.34 | ) | 9.61 | 2.84 | 559 | 0.76 | 3.53 | 0.76 | 74 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.03 | 0.34 | (0.34 | ) | — | (0.35 | ) | — | — | (0.35 | ) | 9.68 | 0.01 | 760 | 0.77 | 3.57 | 0.77 | 76 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.88 | 0.34 | (d) | 0.15 | 0.49 | (0.34 | ) | — | — | (0.34 | ) | 10.03 | 5.02 | 896 | 0.75 | 3.46 | 0.75 | 84 |
180
Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | Ratio of | Net | Ratio of | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Investment | Expenses to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Net | Expenses | Income | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | Distributions | from | Total | Asset | to | to | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | from Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | |||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total From | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers And | Turnover | |||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | |||||||||||||||||||||||||||||||||||||||||||||
Seix Floating Rate High Income Fund(g) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 8.80 | $ | 0.59 | (d) | $ | 0.15 | $ | 0.74 | $ | (0.53 | ) | $ | — | $ | — | $ | (0.53 | ) | $ | 9.01 | 8.64 | % | $ | 3,078,972 | 0.51 | % | 6.62 | % | 0.51 | % | 104 | % | ||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.37 | 0.53 | 1.40 | 1.93 | (0.50 | ) | — | — | (0.50 | ) | 8.80 | 26.68 | 1,173,308 | 0.50 | 7.08 | 0.50 | 117 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 8.90 | 0.52 | (1.53 | ) | (1.01 | ) | (0.52 | ) | — | — | (0.52 | ) | 7.37 | (11.67 | ) | 557,347 | 0.49 | 6.31 | 0.49 | 226 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.98 | 0.70 | (1.06 | ) | (0.36 | ) | (0.70 | ) | — | (0.02 | ) | (0.72 | ) | 8.90 | (3.85 | ) | 553,208 | 0.51 | 7.34 | 0.51 | 134 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.96 | 0.69 | 0.03 | 0.72 | (0.70 | ) | — | — | (0.70 | ) | 9.98 | 7.47 | 582,861 | 0.51 | 7.03 | 0.51 | 148 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.80 | 0.55 | (d) | 0.16 | 0.71 | (0.50 | ) | — | — | (0.50 | ) | 9.01 | 8.29 | 69,159 | 0.84 | 6.22 | 0.84 | 104 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.38 | 0.50 | 1.39 | 1.89 | (0.47 | ) | — | — | (0.47 | ) | 8.80 | 26.11 | 22,298 | 0.81 | 6.81 | 0.81 | 117 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 8.90 | 0.50 | (1.52 | ) | (1.02 | ) | (0.50 | ) | — | — | (0.50 | ) | 7.38 | (11.82 | ) | 5,513 | 0.79 | 6.08 | 0.79 | 226 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.99 | 0.67 | (1.07 | ) | (0.40 | ) | (0.67 | ) | — | (0.02 | ) | (0.69 | ) | 8.90 | (4.25 | ) | 6,591 | 0.82 | 7.01 | 0.82 | 134 | ||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2007 | 9.94 | 0.60 | 0.06 | 0.66 | (0.61 | ) | — | — | (0.61 | ) | 9.99 | 6.87 | 10,310 | 0.79 | 6.83 | 0.79 | 148 | ||||||||||||||||||||||||||||||||||||||||||
C Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.81 | 0.50 | (d) | 0.15 | 0.65 | (0.44 | ) | — | — | (0.44 | ) | 9.02 | 7.57 | 22,234 | 1.50 | 5.65 | 1.50 | 104 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.37 | 0.45 | 1.41 | 1.86 | (0.42 | ) | — | — | (0.42 | ) | 8.81 | 25.59 | 7,402 | 1.49 | 6.35 | 1.49 | 117 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 8.90 | 0.44 | (1.53 | ) | (1.09 | ) | (0.44 | ) | — | — | (0.44 | ) | 7.37 | (12.55 | ) | 543 | 1.49 | 5.27 | 1.49 | 226 | |||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2008 | 9.52 | 0.40 | (0.61 | ) | (0.21 | ) | (0.39 | ) | — | (0.02 | ) | (0.41 | ) | 8.90 | (2.31 | ) | 216 | 1.49 | 6.43 | 1.49 | 134 | ||||||||||||||||||||||||||||||||||||||
Seix Global Strategy Fund(g) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.28 | (0.08 | )(d) | (0.83 | ) | (0.91 | ) | (0.06 | ) | — | (i) | (0.01 | ) | (0.07 | ) | 9.30 | (9.06 | )(h) | 8,118 | 0.80 | (0.72 | ) | 0.87 | — | |||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.44 | (0.07 | ) | 0.20 | 0.13 | — | — | (0.29 | ) | (0.29 | ) | 10.28 | 1.38 | 9,589 | 0.83 | (0.70 | ) | 1.01 | — | ||||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2009 | 10.00 | 0.05 | 0.52 | 0.57 | (0.07 | ) | — | (0.06 | ) | (0.13 | ) | 10.44 | 5.68 | 10,427 | 0.69 | 0.82 | 1.44 | 741 | |||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Period Ended March 31, 2011 | 9.73 | (0.03 | )(d) | (0.40 | ) | (0.43 | ) | — | — | — | — | 9.30 | (4.52 | )(h) | 77 | 1.13 | (1.10 | ) | 1.68 | — | |||||||||||||||||||||||||||||||||||||||
Seix High Yield Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.46 | 0.77 | (d) | 0.61 | 1.38 | (0.77 | ) | — | — | (0.77 | ) | 10.07 | 15.24 | 1,724,652 | 0.51 | 7.96 | 0.51 | 119 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.75 | 0.77 | 1.70 | 2.47 | (0.76 | ) | — | — | (0.76 | ) | 9.46 | 32.91 | 1,723,678 | 0.48 | 8.54 | 0.49 | 116 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.77 | 0.78 | (2.03 | ) | (1.25 | ) | (0.77 | ) | — | — | (0.77 | ) | 7.75 | (13.15 | ) | 786,029 | 0.50 | 8.99 | 0.51 | 114 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.84 | 0.80 | (1.06 | ) | (0.26 | ) | (0.81 | ) | — | — | (0.81 | ) | 9.77 | (2.50 | ) | 663,081 | 0.49 | 7.70 | 0.50 | 117 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.69 | 0.74 | 0.15 | 0.89 | (0.74 | ) | — | — | (0.74 | ) | 10.84 | 8.68 | 1,116,851 | 0.48 | 6.92 | 0.48 | 130 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.25 | 0.73 | (d) | 0.60 | 1.33 | (0.74 | ) | — | — | (0.74 | ) | 9.84 | 14.99 | 35,238 | 0.77 | 7.74 | 0.77 | 119 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.58 | 0.74 | 1.67 | 2.41 | (0.74 | ) | — | — | (0.74 | ) | 9.25 | 32.81 | 28,378 | 0.75 | 8.51 | 0.75 | 116 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.55 | 0.75 | (1.97 | ) | (1.22 | ) | (0.75 | ) | — | — | (0.75 | ) | 7.58 | (13.14 | ) | 18,530 | 0.76 | 8.84 | 0.77 | 114 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.60 | 0.77 | (1.04 | ) | (0.27 | ) | (0.78 | ) | — | — | (0.78 | ) | 9.55 | (2.65 | ) | 21,640 | 0.75 | 7.68 | 0.75 | 117 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.45 | 0.72 | 0.15 | 0.87 | (0.72 | ) | — | — | (0.72 | ) | 10.60 | 8.61 | 29,517 | 0.74 | 6.82 | 0.74 | 130 | ||||||||||||||||||||||||||||||||||||||||||
R Shares(e) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.45 | 0.71 | (d) | 0.62 | 1.33 | (0.71 | ) | — | — | (0.71 | ) | 10.07 | 14.61 | 3,341 | 1.20 | 7.43 | 1.20 | 119 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 7.75 | 0.71 | 1.69 | 2.40 | (0.70 | ) | — | — | (0.70 | ) | 9.45 | 31.92 | 6,347 | 1.14 | 7.92 | 1.14 | 116 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.77 | 0.70 | (2.03 | ) | (1.33 | ) | (0.69 | ) | — | — | (0.69 | ) | 7.75 | (14.01 | ) | 5,060 | 1.50 | 7.90 | 1.50 | 114 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.83 | 0.70 | (1.05 | ) | (0.35 | ) | (0.71 | ) | — | — | (0.71 | ) | 9.77 | (3.40 | ) | 4,012 | 1.50 | 6.75 | 1.50 | 117 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.68 | 0.63 | 0.15 | 0.78 | (0.63 | ) | — | — | (0.63 | ) | 10.83 | 7.62 | 4,970 | 1.48 | 5.92 | 1.48 | 130 |
181
Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | Ratio of | Net | Ratio of | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Investment | Expenses to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Net | Expenses | Income | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | Distributions | from | Total | Asset | to | to | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | from Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | |||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total From | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers And | Turnover | |||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | |||||||||||||||||||||||||||||||||||||||||||||
Short-Term Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 9.94 | $ | 0.21 | (d) | $ | 0.02 | $ | 0.23 | $ | (0.22 | ) | $ | — | $ | — | $ | (0.22 | ) | $ | 9.95 | 2.28 | % | $ | 350,162 | 0.48 | % | 2.12 | % | 0.48 | % | 189 | % | ||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.40 | 0.30 | 0.53 | 0.83 | �� | (0.29 | ) | — | — | (0.29 | ) | 9.94 | 8.91 | (h) | 489,413 | 0.46 | 3.00 | 0.46 | 122 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.87 | 0.40 | (0.47 | ) | (0.07 | ) | (0.40 | ) | — | — | (0.40 | ) | 9.40 | (0.70 | )(h) | 326,801 | 0.46 | 4.20 | 0.46 | 122 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.78 | 0.45 | 0.09 | 0.54 | (0.45 | ) | — | — | (0.45 | ) | 9.87 | 5.63 | 390,659 | 0.45 | 4.58 | 0.46 | 152 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.71 | 0.43 | (d) | 0.07 | 0.50 | (0.43 | ) | — | — | (0.43 | ) | 9.78 | 5.23 | 426,757 | 0.46 | 4.38 | 0.46 | 104 | |||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.96 | 0.19 | (d) | 0.03 | 0.22 | (0.20 | ) | — | — | (0.20 | ) | 9.98 | 2.18 | 2,642 | 0.67 | 1.94 | 0.67 | 189 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.42 | 0.28 | 0.53 | 0.81 | (0.27 | ) | — | — | (0.27 | ) | 9.96 | 8.65 | (h) | 3,389 | 0.68 | 2.78 | 0.68 | 122 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.89 | 0.38 | (0.47 | ) | (0.09 | ) | (0.38 | ) | — | — | (0.38 | ) | 9.42 | (0.90 | )(h) | 2,715 | 0.66 | 4.00 | 0.66 | 122 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.81 | 0.43 | 0.08 | 0.51 | (0.43 | ) | — | — | (0.43 | ) | 9.89 | 5.30 | 3,767 | 0.65 | 4.38 | 0.66 | 152 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.73 | 0.41 | (d) | 0.08 | 0.49 | (0.41 | ) | — | — | (0.41 | ) | 9.81 | 5.11 | 3,742 | 0.66 | 4.15 | 0.66 | 104 | |||||||||||||||||||||||||||||||||||||||||
C Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.96 | 0.11 | (d) | 0.03 | 0.14 | (0.12 | ) | — | — | (0.12 | ) | 9.98 | 1.36 | 2,685 | 1.47 | 1.12 | 1.47 | 189 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.42 | 0.20 | 0.53 | 0.73 | (0.19 | ) | — | — | (0.19 | ) | 9.96 | 7.81 | (h) | 2,754 | 1.46 | 2.03 | 1.46 | 122 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.89 | 0.30 | (0.47 | ) | (0.17 | ) | (0.30 | ) | — | — | (0.30 | ) | 9.42 | (1.69 | )(h) | 2,948 | 1.45 | 3.20 | 1.46 | 122 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.81 | 0.35 | 0.08 | 0.43 | (0.35 | ) | — | — | (0.35 | ) | 9.89 | 4.46 | 3,477 | 1.46 | 3.58 | 1.46 | 152 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.73 | 0.33 | (d) | 0.08 | 0.41 | (0.33 | ) | — | — | (0.33 | ) | 9.81 | 4.29 | 4,501 | 1.46 | 3.33 | 1.46 | 104 | |||||||||||||||||||||||||||||||||||||||||
Short-Term U.S. Treasury Securities Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.27 | 0.13 | (d) | (0.01 | ) | 0.12 | (0.13 | ) | — | (0.16 | ) | (0.29 | ) | 10.10 | 1.16 | 22,875 | 0.53 | 1.23 | 0.62 | 36 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.33 | 0.14 | (0.03 | ) | 0.11 | (0.14 | ) | — | (0.03 | ) | (0.17 | ) | 10.27 | 1.03 | 33,504 | 0.49 | 1.29 | 0.54 | 147 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.26 | 0.28 | 0.07 | 0.35 | (0.28 | ) | — | — | (0.28 | ) | 10.33 | 3.50 | 61,692 | 0.48 | 2.74 | 0.48 | 144 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.86 | 0.42 | 0.40 | 0.82 | (0.42 | ) | — | — | (0.42 | ) | 10.26 | 8.56 | 62,416 | 0.48 | 4.24 | 0.49 | 66 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.80 | 0.39 | 0.06 | 0.45 | (0.39 | ) | — | — | (0.39 | ) | 9.86 | 4.64 | 55,459 | 0.48 | 3.93 | 0.48 | 87 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.26 | 0.11 | (d) | (0.01 | ) | 0.10 | (0.11 | ) | — | (0.16 | ) | (0.27 | ) | 10.09 | 0.98 | 5,562 | 0.71 | 1.05 | 0.80 | 36 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.32 | 0.12 | (0.03 | ) | 0.09 | (0.12 | ) | — | (0.03 | ) | (0.15 | ) | 10.26 | 0.85 | 5,839 | 0.67 | 1.20 | 0.71 | 147 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.25 | 0.26 | 0.07 | 0.33 | (0.26 | ) | — | — | (0.26 | ) | 10.32 | 3.31 | 16,854 | 0.65 | 2.30 | 0.66 | 144 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.85 | 0.41 | 0.40 | 0.81 | (0.41 | ) | — | — | (0.41 | ) | 10.25 | 8.37 | 3,800 | 0.66 | 4.07 | 0.67 | 66 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.79 | 0.37 | 0.06 | 0.43 | (0.37 | ) | — | — | (0.37 | ) | 9.85 | 4.46 | 3,974 | 0.66 | 3.75 | 0.66 | 87 | ||||||||||||||||||||||||||||||||||||||||||
C Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.25 | 0.02 | (d) | (0.01 | ) | 0.01 | (0.02 | ) | — | (0.16 | ) | (0.18 | ) | 10.08 | 0.16 | 7,699 | 1.53 | 0.21 | 1.62 | 36 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.31 | 0.03 | (0.03 | ) | — | (0.03 | ) | — | (0.03 | ) | (0.06 | ) | 10.25 | 0.04 | 6,426 | 1.49 | 0.33 | 1.55 | 147 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.25 | 0.18 | 0.06 | 0.24 | (0.18 | ) | — | — | (0.18 | ) | 10.31 | 2.38 | 7,113 | 1.48 | 1.79 | 1.48 | 144 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.84 | 0.32 | 0.41 | 0.73 | (0.32 | ) | — | — | (0.32 | ) | 10.25 | 7.60 | 8,839 | 1.48 | 3.27 | 1.50 | 66 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.78 | 0.29 | 0.06 | 0.35 | (0.29 | ) | — | — | (0.29 | ) | 9.84 | 3.62 | 11,378 | 1.48 | 2.90 | 1.48 | 87 |
182
Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | Ratio of | Net | Ratio of | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Investment | Expenses to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Net | Expenses | Income | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | Distributions | from | Total | Asset | to | to | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | from Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | |||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total From | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers And | Turnover | |||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | |||||||||||||||||||||||||||||||||||||||||||||
Total Return Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 10.60 | $ | 0.33 | (d) | $ | 0.22 | $ | 0.55 | $ | (0.27 | ) | $ | (0.08 | ) | $ | (0.40 | ) | $ | (0.75 | ) | $ | 10.40 | 5.20 | % | $ | 684,952 | 0.33 | % | 3.05 | % | 0.33 | % | 294 | % | ||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.26 | 0.40 | 0.43 | 0.83 | (0.36 | ) | — | (0.13 | ) | (0.49 | ) | 10.60 | 8.17 | 724,588 | 0.31 | 3.72 | 0.31 | 326 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.10 | 0.49 | 0.18 | 0.67 | (0.51 | ) | — | — | (0.51 | ) | 10.26 | 6.89 | 602,267 | 0.30 | 4.85 | 0.30 | 199 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.96 | 0.51 | 0.14 | 0.65 | (0.51 | ) | — | — | (0.51 | ) | 10.10 | 6.74 | 630,451 | 0.30 | 5.14 | 0.30 | 248 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.86 | 0.48 | 0.11 | 0.59 | (0.49 | ) | — | — | (0.49 | ) | 9.96 | 6.16 | 601,676 | 0.30 | 4.97 | 0.30 | 310 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.92 | 0.33 | (d) | 0.21 | 0.54 | (0.25 | ) | (0.08 | ) | (0.40 | ) | (0.73 | ) | 10.73 | 4.93 | 17,589 | 0.58 | 2.94 | 0.58 | 294 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.57 | 0.38 | 0.43 | 0.81 | (0.33 | ) | — | (0.13 | ) | (0.46 | ) | 10.92 | 7.75 | 8,540 | 0.55 | 3.14 | 0.55 | 326 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.40 | 0.46 | 0.19 | 0.65 | (0.48 | ) | — | — | (0.48 | ) | 10.57 | 6.51 | 510 | 0.54 | 4.51 | 0.54 | 199 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.26 | 0.49 | 0.14 | 0.63 | (0.49 | ) | — | — | (0.49 | ) | 10.40 | 6.28 | 269 | 0.54 | 4.76 | 0.54 | 248 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.15 | 0.46 | 0.12 | 0.58 | (0.47 | ) | — | — | (0.47 | ) | 10.26 | 5.82 | 324 | 0.54 | 4.57 | 0.54 | 310 | ||||||||||||||||||||||||||||||||||||||||||
R Shares(f) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.60 | 0.30 | (d) | 0.19 | 0.49 | (0.21 | ) | (0.08 | ) | (0.40 | ) | (0.69 | ) | 10.40 | 4.63 | 2,825 | 0.89 | 2.74 | 0.89 | 294 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.26 | 0.35 | 0.42 | 0.77 | (0.30 | ) | — | (0.13 | ) | (0.43 | ) | 10.60 | 7.61 | 710 | 0.82 | 3.11 | 0.82 | 326 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.10 | 0.39 | 0.19 | 0.58 | (0.42 | ) | — | — | (0.42 | ) | 10.26 | 5.90 | 325 | 1.10 | 4.01 | 1.10 | 199 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.96 | 0.41 | 0.14 | 0.55 | (0.41 | ) | — | — | (0.41 | ) | 10.10 | 5.68 | 40 | 1.30 | 4.13 | 1.30 | 248 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.86 | 0.38 | 0.11 | 0.49 | (0.39 | ) | — | — | (0.39 | ) | 9.96 | 5.10 | 29 | 1.30 | 3.96 | 1.30 | 310 | ||||||||||||||||||||||||||||||||||||||||||
Ultra-Short Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 9.91 | 0.13 | (d) | 0.04 | 0.17 | (0.15 | ) | — | — | (0.15 | ) | 9.93 | 1.76 | 115,795 | 0.32 | 1.31 | 0.32 | 229 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 9.52 | 0.25 | 0.39 | 0.64 | (0.25 | ) | — | — | (0.25 | ) | 9.91 | 6.82 | 92,528 | 0.34 | 2.51 | 0.37 | 130 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 9.91 | 0.39 | (0.40 | ) | (0.01 | ) | (0.38 | ) | — | — | (0.38 | ) | 9.52 | (0.13 | ) | 55,088 | 0.31 | 3.95 | 0.36 | 88 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.00 | 0.47 | (0.09 | ) | 0.38 | (0.47 | ) | — | — | (0.47 | ) | 9.91 | 3.89 | 87,892 | 0.30 | 4.72 | 0.33 | 126 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.96 | 0.48 | 0.05 | 0.53 | (0.49 | ) | — | — | (0.49 | ) | 10.00 | 5.44 | 85,646 | 0.28 | 4.58 | 0.28 | 96 | ||||||||||||||||||||||||||||||||||||||||||
U.S. Government Securities Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.76 | 0.18 | (d) | 0.22 | 0.40 | (0.18 | ) | — | (0.35 | ) | (0.53 | ) | 8.63 | 4.50 | 48,580 | 0.62 | 2.02 | 0.62 | 92 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 11.11 | 0.26 | (0.37 | ) | (0.11 | ) | (0.27 | ) | — | (1.97 | ) | (2.24 | ) | 8.76 | (1.07 | ) | 71,910 | 0.58 | 2.35 | 0.58 | 85 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.59 | 0.33 | 0.56 | 0.89 | (0.34 | ) | — | (0.03 | ) | (0.37 | ) | 11.11 | 8.49 | 341,727 | 0.55 | 3.09 | 0.56 | 130 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.29 | 0.50 | 0.30 | 0.80 | (0.50 | ) | — | — | (0.50 | ) | 10.59 | 8.04 | 491,970 | 0.55 | 4.89 | 0.55 | 134 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.19 | 0.47 | 0.11 | 0.58 | (0.48 | ) | — | — | (0.48 | ) | 10.29 | 5.86 | 535,056 | 0.55 | 4.70 | 0.55 | 131 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.76 | 0.15 | (d) | 0.22 | 0.37 | (0.15 | ) | — | (0.35 | ) | (0.50 | ) | 8.63 | 4.18 | 2,089 | 0.93 | 1.71 | 0.93 | 92 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 11.11 | 0.21 | (0.35 | ) | (0.14 | ) | (0.24 | ) | — | (1.97 | ) | (2.21 | ) | 8.76 | (1.38 | ) | 2,314 | 0.89 | 1.98 | 0.89 | 85 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.59 | 0.29 | 0.56 | 0.85 | (0.30 | ) | — | (0.03 | ) | (0.33 | ) | 11.11 | 8.17 | 2,954 | 0.85 | 2.78 | 0.86 | 130 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.29 | 0.47 | 0.30 | 0.77 | (0.47 | ) | — | — | (0.47 | ) | 10.59 | 7.72 | 3,496 | 0.85 | 4.61 | 0.85 | 134 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.19 | 0.44 | 0.11 | 0.55 | (0.45 | ) | — | — | (0.45 | ) | 10.29 | 5.54 | 2,849 | 0.85 | 4.40 | 0.85 | 131 | ||||||||||||||||||||||||||||||||||||||||||
C Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 8.76 | 0.09 | (d) | 0.22 | 0.31 | (0.09 | ) | — | (0.35 | ) | (0.44 | ) | 8.63 | 3.46 | 2,471 | 1.62 | 1.02 | 1.62 | 92 | ||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 11.11 | 0.14 | (0.35 | ) | (0.21 | ) | (0.17 | ) | — | (1.97 | ) | (2.14 | ) | 8.76 | (2.05 | ) | 3,038 | 1.58 | 1.28 | 1.58 | 85 | ||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.59 | 0.22 | 0.56 | 0.78 | (0.23 | ) | — | (0.03 | ) | (0.26 | ) | 11.11 | 7.42 | 3,649 | 1.55 | 2.08 | 1.55 | 130 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.29 | 0.40 | 0.30 | 0.70 | (0.40 | ) | — | — | (0.40 | ) | 10.59 | 6.97 | 4,222 | 1.55 | 3.90 | 1.55 | 134 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.19 | 0.37 | 0.11 | 0.48 | (0.38 | ) | — | — | (0.38 | ) | 10.29 | 4.81 | 5,121 | 1.55 | 3.67 | 1.55 | 131 | ||||||||||||||||||||||||||||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.07 | 0.07 | (d) | 0.09 | 0.16 | (0.16 | ) | — | — | (0.16 | ) | 10.07 | 1.61 | 1,648,792 | 0.33 | 0.73 | 0.33 | 229 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.03 | 0.30 | 0.06 | 0.36 | (0.32 | ) | — | — | (0.32 | ) | 10.07 | 3.62 | 1,340,992 | 0.29 | 2.15 | 0.29 | 119 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.03 | 0.41 | 0.01 | 0.42 | (0.42 | ) | — | — | (0.42 | ) | 10.03 | 4.29 | 90,675 | 0.28 | 4.00 | 0.32 | 92 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 9.95 | 0.43 | 0.10 | 0.53 | (0.45 | ) | — | — | (0.45 | ) | 10.03 | 5.41 | 62,904 | 0.28 | 4.33 | 0.33 | 140 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 9.85 | 0.42 | 0.11 | 0.53 | (0.43 | ) | — | — | (0.43 | ) | 9.95 | 5.50 | 34,411 | 0.29 | 4.23 | 0.33 | 141 |
183
Ratio of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net | Ratio of | Net | Ratio of | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Realized | Net | Investment | Expenses to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and | Distributions | Net | Expenses | Income | Average Net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset | Net | Unrealized | Dividends | Distributions | from | Total | Asset | to | to | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Value, | Investment | Gains | from Net | from Tax | Realized | Dividends | Value, | Net Assets | Average | Average | (Excluding | Portfolio | |||||||||||||||||||||||||||||||||||||||||||||||
Beginning | Income | (Losses) on | Total From | Investment | Return of | Capital | and | End of | Total | End of | Net | Net | Waivers And | Turnover | |||||||||||||||||||||||||||||||||||||||||||||
of Period | (Loss) | Investments | Operations | Income | Capital | Gains | Distributions | Period | Return(a) | Period (000) | Assets(b) | Assets(b) | Reimbursements)(b) | Rate(c) | |||||||||||||||||||||||||||||||||||||||||||||
Virginia Intermediate Municipal Bond Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
I Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | $ | 10.39 | $ | 0.34 | (d) | $ | (0.11 | ) | $ | 0.23 | $ | (0.34 | ) | $ | — | $ | (0.07 | ) | $ | (0.41 | ) | $ | 10.21 | 2.15 | % | $ | 165,536 | 0.62 | % | 3.23 | % | 0.62 | % | 17 | % | ||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.22 | 0.37 | 0.19 | 0.56 | (0.37 | ) | — | (0.02 | ) | (0.39 | ) | 10.39 | 5.58 | 191,537 | 0.61 | 3.56 | 0.61 | 33 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.09 | 0.36 | 0.13 | 0.49 | (0.36 | ) | — | — | (0.36 | ) | 10.22 | 5.01 | 181,882 | 0.60 | 3.61 | 0.60 | 20 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.11 | 0.37 | (0.02 | ) | 0.35 | (0.37 | ) | — | — | (0.37 | ) | 10.09 | 3.51 | 204,507 | 0.60 | 3.65 | 0.60 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.01 | 0.36 | 0.10 | 0.46 | (0.36 | ) | — | — | (0.36 | ) | 10.11 | 4.67 | 214,908 | 0.59 | 3.59 | 0.60 | 54 | ||||||||||||||||||||||||||||||||||||||||||
A Shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2011 | 10.39 | 0.32 | (d) | (0.11 | ) | 0.21 | (0.32 | ) | — | (0.07 | ) | (0.39 | ) | 10.21 | 2.00 | 12,471 | 0.77 | 3.09 | 0.77 | 17 | |||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2010 | 10.22 | 0.35 | 0.20 | 0.55 | (0.36 | ) | — | (0.02 | ) | (0.38 | ) | 10.39 | 5.44 | 14,236 | 0.75 | 3.35 | 0.75 | 33 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2009 | 10.09 | 0.35 | 0.13 | 0.48 | (0.35 | ) | — | — | (0.35 | ) | 10.22 | 4.85 | 7,619 | 0.75 | 3.46 | 0.75 | 20 | ||||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2008 | 10.11 | 0.35 | (0.02 | ) | 0.33 | (0.35 | ) | — | — | (0.35 | ) | 10.09 | 3.36 | 6,232 | 0.75 | 3.50 | 0.75 | 28 | |||||||||||||||||||||||||||||||||||||||||
Year Ended March 31, 2007 | 10.01 | 0.35 | 0.10 | 0.45 | (0.35 | ) | — | — | (0.35 | ) | 10.11 | 4.52 | 5,395 | 0.74 | 3.43 | 0.75 | 54 |
184
(a) | Total return excludes sales charge. Not annualized for periods less than one year. | |
(b) | Annualized for periods less than one year. | |
(c) | Not annualized for periods less than one year. | |
(d) | Per share data calculated using average shares outstanding method. | |
(e) | Effective at the close of business on July 31, 2009, C shares converted to R shares and C shares are no longer available for purchase. The data prior to such date reflects that of C shares. | |
(f) | Effective at the close of business on February 12, 2009, C shares converted to R shares and C shares are no longer available for purchase. The data prior to such date reflects that of C shares. | |
(g) | The following table details the commencement of operations of certain classes of each respective fund: |
Fund | Class | Commencement Date | ||
Seix Floating Rate High Income Fund | A Shares | May 8, 2006 | ||
Seix Floating Rate High Income Fund | C Shares | August 3, 2007 | ||
Seix Global Strategy Fund | I Shares | September 8, 2008 | ||
Seix Global Strategy Fund | A Shares | December 16, 2010 |
(h) | Net Asset Value (“NAV”) varies from NAV reported to shareholders on March 31, 2011, as these financial statements are prepared inclusive of trade date adjustments. | |
(i) | Rounds to less than $0.01 per share. | |
Ù | The Georgia Tax-Exempt Bond Fund’s net expense ratio and gross expense ratio includes interest expense of 0.09% incurred during the year ended March 31, 2009 with respect to investments in certain inverse floating rate securities. | |
# | Prior to August 1, 2009, there were no assets in Class A during the current period. Effective at the close of business July 31, 2009, Class A received assets from the conversion from Class C. The net asset value shown for the beginning of the period reflects the initial converted net asset value from Class C and the amounts shown thereafter reflect operations for Class A from August 1, 2009 through March 31, 2010. | |
## | Class A was operational during a portion of the year only. Amounts reflect performance for the period of time the class had operations, which was 280 days during the period for Maryland Municipal Bond Fund. The net asset value, end of period, presented for Maryland Municipal Bond Fund A Shares was as of January 6, 2009, the last day the class had shareholders. |
185
1. | Organization |
2. | Significant Accounting Policies |
186
• | Level 1 — quoted prices in active markets for identical assets | |
• | Level 2 — other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) | |
• | Level 3 — significant unobservable inputs (including each Fund’s own assumptions in determining the fair value of investments) |
187
Level 2 – | Level 3 – | |||||||||||||||
Other Significant | Significant | |||||||||||||||
Level 1 – | Observable | Unobservable | ||||||||||||||
Fund | Quoted Prices($) | Inputs($) | Inputs($) | Total($) | ||||||||||||
Corporate Bond Fund | ||||||||||||||||
Corporate Bonds1 | — | 77,438 | — | 77,438 | ||||||||||||
Money Market Fund | 3,131 | — | — | 3,131 | ||||||||||||
Total Investments | 3,131 | 77,438 | — | 80,569 | ||||||||||||
Georgia Tax-Exempt Bond Fund | ||||||||||||||||
Municipal Bonds2 | — | 158,661 | — | 158,661 | ||||||||||||
Money Market Fund | 5,508 | — | — | 5,508 | ||||||||||||
Total Investments | 5,508 | 158,661 | — | 164,169 | ||||||||||||
High Grade Municipal Bond Fund | ||||||||||||||||
Municipal Bonds2 | — | 48,364 | — | 48,364 | ||||||||||||
Money Market Fund | 6,944 | — | — | 6,944 | ||||||||||||
Total Investments | 6,944 | 48,364 | — | 55,308 | ||||||||||||
High Income Fund | ||||||||||||||||
Bank Loans1 | — | 20,642 | — | 20,642 | ||||||||||||
Common Stocks1 | 1,763 | — | — | 1,763 | ||||||||||||
Corporate Bonds1 | — | 397,559 | — | 397,559 | ||||||||||||
Convertible Corporate Bond1 | — | 639 | — | 639 | ||||||||||||
Preferred Stocks1 | 10,481 | — | — | 10,481 | ||||||||||||
Units1 | — | — | 0 | 4 | 0 | |||||||||||
Short-Term Investment | — | 44,162 | — | 44,162 | ||||||||||||
Money Market Fund | 61,321 | — | — | 61,321 | ||||||||||||
Total Investments | 73,565 | 463,002 | 0 | 536,567 | ||||||||||||
Other Financial Instruments3 | ||||||||||||||||
Credit Default Swap Agreements — Buy Protection | — | 23 | — | 23 | ||||||||||||
Intermediate Bond Fund | ||||||||||||||||
Collateralized Mortgage Obligations | — | 9,373 | — | 9,373 | ||||||||||||
Bank Loans1 | — | 2 | — | 2 | ||||||||||||
Corporate Bonds1 | — | 431,926 | — | 431,926 | ||||||||||||
U.S. Government Agency Mortgages | — | 15,068 | — | 15,068 | ||||||||||||
U.S. Treasury Obligations | — | 797,415 | — | 797,415 | ||||||||||||
Units1 | — | — | 0 | 4 | 0 | |||||||||||
Short-Term Investment | — | 11,940 | — | 11,940 | ||||||||||||
Money Market Fund | 38,998 | — | — | 38,998 | ||||||||||||
Total Investments | 38,998 | 1,265,724 | 0 | 1,304,722 | ||||||||||||
Other Financial Instruments3 | ||||||||||||||||
Credit Default Swap Agreements — Buy Protection | — | 336 | — | 336 | ||||||||||||
188
Level 2 – | Level 3 – | |||||||||||||||
Other Significant | Significant | |||||||||||||||
Level 1 – | Observable | Unobservable | ||||||||||||||
Fund | Quoted Prices($) | Inputs($) | Inputs($) | Total($) | ||||||||||||
Investment Grade Bond Fund | ||||||||||||||||
Collateralized Mortgage Obligations | — | 2,744 | — | 2,744 | ||||||||||||
Bank Loans1 | — | 25,946 | — | 25,946 | ||||||||||||
Corporate Bonds1 | — | 140,513 | — | 140,513 | ||||||||||||
U.S. Government Agency Mortgages | — | 3,894 | — | 3,894 | ||||||||||||
U.S. Treasury Obligations | — | 139,020 | — | 139,020 | ||||||||||||
Units1 | — | — | 0 | 4 | 0 | |||||||||||
Money Market Fund | 6,314 | — | — | 6,314 | ||||||||||||
Total Investments | 6,314 | 312,117 | 0 | 318,431 | ||||||||||||
Other Financial Instruments3 | ||||||||||||||||
Credit Default Swap Agreements — Buy Protection | — | 83 | — | 83 | ||||||||||||
Investment Grade Tax-Exempt Bond Fund | ||||||||||||||||
Municipal Bonds2 | — | 944,473 | — | 944,473 | ||||||||||||
Money Market Fund | 161,851 | — | — | 161,851 | ||||||||||||
Total Investments | 161,851 | 944,473 | — | 1,106,324 | ||||||||||||
Limited Duration Fund | ||||||||||||||||
Asset-Backed Securities1 | — | 6,766 | — | 6,766 | ||||||||||||
Collateralized Mortgage Obligations | — | 14,675 | — | 14,675 | ||||||||||||
Money Market Fund | 1,168 | — | — | 1,168 | ||||||||||||
Total Investments | 1,168 | 21,441 | — | 22,609 | ||||||||||||
Limited-Term Federal Mortgage Securities Fund | ||||||||||||||||
Collateralized Mortgage Obligations | — | 5,375 | — | 5,375 | ||||||||||||
U.S. Government Agency Mortgages | — | 33,513 | — | 33,513 | ||||||||||||
Money Market Fund | 2,593 | — | — | 2,593 | ||||||||||||
Total Investments | 2,593 | 38,888 | — | 41,481 | ||||||||||||
Maryland Municipal Bond Fund | ||||||||||||||||
Municipal Bonds2 | — | 23,559 | — | 23,559 | ||||||||||||
Money Market Fund | 1,643 | — | — | 1,643 | ||||||||||||
Total Investments | 1,643 | 23,559 | — | 25,202 | ||||||||||||
North Carolina Tax-Exempt Bond Fund | ||||||||||||||||
Municipal Bonds2 | — | 50,109 | — | 50,109 | ||||||||||||
Money Market Fund | 1,411 | — | — | 1,411 | ||||||||||||
Total Investments | 1,411 | 50,109 | — | 51,520 | ||||||||||||
Seix Floating Rate High Income Fund | ||||||||||||||||
Bank Loans1 | — | 2,753,199 | — | 2,753,199 | ||||||||||||
Corporate Bonds1 | — | 250,844 | — | 250,844 | ||||||||||||
Preferred Stocks1 | 5,099 | — | — | 5,099 | ||||||||||||
Money Market Fund | 407,623 | — | — | 407,623 | ||||||||||||
Total Investments | 412,722 | 3,004,043 | — | 3,416,765 | ||||||||||||
Seix Global Strategy Fund | ||||||||||||||||
U.S. Treasury Obligations | — | 7,000 | — | 7,000 | ||||||||||||
Foreign Government Bonds | — | 823 | — | 823 | ||||||||||||
Money Market Fund | 1,436 | — | — | 1,436 | ||||||||||||
Total Investments | 1,436 | 7,823 | — | 9,259 | ||||||||||||
Other Financial Instruments3 | ||||||||||||||||
Forward Foreign Currency Contracts | — | 227 | — | 227 | ||||||||||||
189
Level 2 – | Level 3 – | |||||||||||||||
Other Significant | Significant | |||||||||||||||
Level 1 – | Observable | Unobservable | ||||||||||||||
Fund | Quoted Prices($) | Inputs($) | Inputs($) | Total($) | ||||||||||||
Seix High Yield Fund | ||||||||||||||||
Bank Loans1 | — | 11,877 | — | 11,877 | ||||||||||||
Corporate Bonds1 | — | 1,607,973 | — | 1,607,973 | ||||||||||||
Convertible Corporate Bond1 | — | 597 | — | 597 | ||||||||||||
Preferred Stocks1 | 4,293 | — | — | 4,293 | ||||||||||||
Units1 | — | — | 0 | 4 | 0 | |||||||||||
Short-Term Investment | — | 83,050 | — | 83,050 | ||||||||||||
Money Market Fund | 103,046 | — | — | 103,046 | ||||||||||||
Total Investments | 107,339 | 1,703,497 | 0 | 1,810,836 | ||||||||||||
Short-Term Bond Fund | ||||||||||||||||
Asset-Backed Securities1 | — | 25,531 | — | 25,531 | ||||||||||||
Collateralized Mortgage Obligations | — | 74,490 | — | 74,490 | ||||||||||||
Corporate Bonds1 | — | 163,034 | — | 163,034 | ||||||||||||
Municipal Bonds2 | — | 4,931 | — | 4,931 | ||||||||||||
U.S. Government Agencies | — | 6,028 | — | 6,028 | ||||||||||||
U.S. Government Agency Mortgages | — | 45,192 | — | 45,192 | ||||||||||||
Money Market Fund | 10,173 | — | — | 10,173 | ||||||||||||
Commercial Paper | — | 19,220 | — | 19,220 | ||||||||||||
Total Investments | 10,173 | 338,426 | — | 348,599 | ||||||||||||
Other Financial Instruments3 | ||||||||||||||||
Futures Contracts | 6 | — | — | 6 | ||||||||||||
Short-Term U.S. Treasury Securities Fund | ||||||||||||||||
U.S. Treasury Obligations | — | 35,232 | — | �� | 35,232 | |||||||||||
Money Market Fund | 748 | — | — | 748 | ||||||||||||
Total Investments | 748 | 35,232 | — | 35,980 | ||||||||||||
Total Return Bond Fund | ||||||||||||||||
Asset-Backed Securities1 | — | 9,148 | — | 9,148 | ||||||||||||
Collateralized Mortgage Obligations | — | 95,709 | — | 95,709 | ||||||||||||
Bank Loans1 | — | 45,668 | — | 45,668 | ||||||||||||
Corporate Bonds1 | — | 190,820 | — | 190,820 | ||||||||||||
U.S. Government Agency Mortgages | — | 279,736 | — | 279,736 | ||||||||||||
U.S. Treasury Obligations | — | 68,541 | — | 68,541 | ||||||||||||
Units1 | — | — | 0 | 4 | 0 | |||||||||||
Money Market Fund | 24,025 | — | — | 24,025 | ||||||||||||
Total Investments | 24,025 | 689,622 | 0 | 713,647 | ||||||||||||
Other Financial Instruments3 | ||||||||||||||||
Credit Default Swap Agreements — Buy Protection | — | 164 | — | 164 | ||||||||||||
Ultra-Short Bond Fund | ||||||||||||||||
Asset-Backed Securities1 | — | 10,180 | — | 10,180 | ||||||||||||
Certificate of Deposit1 | — | 1,006 | — | 1,006 | ||||||||||||
Collateralized Mortgage Obligations | — | 33,021 | — | 33,021 | ||||||||||||
Commercial Paper | — | 5,000 | — | 5,000 | ||||||||||||
Corporate Bonds1 | — | 44,041 | — | 44,041 | ||||||||||||
Municipal Bond2 | — | 995 | — | 995 | ||||||||||||
U.S. Government Agencies | — | 7,665 | — | 7,665 | ||||||||||||
U.S. Government Agency Mortgages | — | 13,918 | — | 13,918 | ||||||||||||
Money Market Fund | 1,974 | — | — | 1,974 | ||||||||||||
Total Investments | 1,974 | 115,826 | — | 117,800 | ||||||||||||
190
Level 2 – | Level 3 – | |||||||||||||||
Other Significant | Significant | |||||||||||||||
Level 1 – | Observable | Unobservable | ||||||||||||||
Fund | Quoted Prices($) | Inputs($) | Inputs($) | Total($) | ||||||||||||
U.S. Government Securities Fund | ||||||||||||||||
U.S. Treasury Obligations | — | 49,805 | — | 49,805 | ||||||||||||
Money Market Fund | 3,050 | — | — | 3,050 | ||||||||||||
Total Investments | 3,050 | 49,805 | — | 52,855 | ||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | ||||||||||||||||
Asset-Backed Security1 | — | 3,704 | — | 3,704 | ||||||||||||
Collateralized Mortgage Obligations | — | 560,670 | — | 560,670 | ||||||||||||
U.S. Government Agency Mortgages | — | 981,616 | — | 981,616 | ||||||||||||
Money Market Fund | 117,768 | — | — | 117,768 | ||||||||||||
Total Investments | 117,768 | 1,545,990 | — | 1,663,758 | ||||||||||||
Virginia Intermediate Municipal Bond Fund | ||||||||||||||||
Municipal Bonds2 | — | 172,314 | — | 172,314 | ||||||||||||
Money Market Fund | 443 | — | — | 443 | ||||||||||||
Total Investments | 443 | 172,314 | — | 172,757 | ||||||||||||
Level 2 – | ||||||||||||||||
Other | Level 3 – | |||||||||||||||
Significant | Significant | |||||||||||||||
Level 1 – | Observable | Unobservable | ||||||||||||||
Quoted Prices($) | Inputs($) | Inputs($) | Total($) | |||||||||||||
High Income Fund | ||||||||||||||||
Credit Default Swap Agreements-Buy Protection | — | (34 | ) | — | (34 | ) | ||||||||||
Seix Global Strategy Fund | ||||||||||||||||
Forward Foreign Currency Contracts | — | (163 | ) | — | (163 | ) | ||||||||||
1 | Please see the Schedule of Portfolio Investments for Sector or Country Classification. | |
2 | Please see the Schedule of Portfolio Investments for State Classification. | |
3 | Other Financial Instruments are derivative instruments not reflected in the value of Total Investments in the Schedules of Portfolio Investments, such as credit default swaps, forward foreign currency contracts and futures, which are valued at the unrealized appreciation/depreciation on the instrument. | |
4 | As of March 31, 2011 the securities designated as Level 3 were fair valued using significant unobservable inputs under procedures adopted by the Board. Such valuations were based on a review of inputs such as, but not limited to, similar securities, company specific financial information, and company specific news. Each of these securities are new Board fair valued securities for the year ended March 31, 2011. The Level 3 securities comprised 0.0% of net assets of each Fund. As such, the Level 3 roll forward and change in unrealized appreciation/depreciation of Level 3 securities held at year end have not been presented. |
191
192
Statement of Assets | Asset Derivatives | Liability Derivatives | ||||||||||
Primary Risk Exposure | and Liabilities Location | Fund | Total Fair Value($)* | Total Fair Value($)* | ||||||||
Interest Rate Exposure: | ||||||||||||
Credit Default Swap | Appreciated Credit Default | High Income Fund | 23 | (34 | ) | |||||||
Agreements | Swap Agreements, | Intermediate Bond Fund | 336 | — | ||||||||
Depreciated | Investment Grade Bond Fund | 83 | — | |||||||||
Credit Default Swap | Total Return Bond Fund | 164 | — | |||||||||
Agreements | ||||||||||||
Currency Exchange Rate Exposure: | ||||||||||||
Forward Foreign Currency Contracts, | Unrealized Appreciation on Forward Foreign Currency Contracts Unrealized Depreciation on Forward Foreign Currency Contracts | Seix Global Strategy Fund | 227 | (163 | ) | |||||||
Interest Rate Exposure: | ||||||||||||
Futures Contracts | Receivable for Futures Variation Margin | Short-Term Bond Fund | 6 | — |
* | Total Fair Value is presented by Primary Risk Exposure. For forward foreign currency contracts, such amounts represent the unrealized gain/appreciation (for asset derivatives) or loss/depreciation (for liability derivatives). For futures contracts the amounts represent cumulative unrealized appreciation/depreciation on futures contracts. |
193
Statements of | Statements of | |||||||||||
Operations Net | Operations Change in | |||||||||||
Realized Gain | Unrealized | |||||||||||
(Loss) on | Appreciation/ | |||||||||||
Location of Gain/(Loss) | Derivatives | Depreciation on | ||||||||||
on Derivatives | Recognized in | Derivatives Recognized | ||||||||||
Primary Risk Exposure | Recognized in Income | Fund | Income($) | in Income($) | ||||||||
Issuer Credit Exposure: | ||||||||||||
Credit Default Swap | Net Realized Gain (Loss) | High Income Fund | 104 | (21 | ) | |||||||
Agreements | from Credit Default Swap | Intermediate Bond Fund | 5,382 | (1,435 | ) | |||||||
Agreements, Net Change | Investment Grade Bond Fund | 1,407 | (359 | ) | ||||||||
in Unrealized Appreciation/ Depreciation on Credit | Seix Floating Rate High Income Fund | (648 | ) | 47 | ||||||||
Default Swap Agreements | Seix Global Strategy Fund | (72 | ) | (81 | ) | |||||||
Total Return Bond Fund | 3,482 | (672 | ) | |||||||||
Interest Rate Exposure: | ||||||||||||
Interest Rate Swap | Net Realized Gain (Loss) | Intermediate Bond Fund | 183 | — | ||||||||
Agreements | from Interest Rate Swap | Investment Grade Bond Fund | 49 | — | ||||||||
Agreements, Net Change in | Seix Global Strategy Fund | 33 | — | |||||||||
Unrealized Appreciation/ | Total Return Bond Fund | 82 | — | |||||||||
Depreciation on Interest | ||||||||||||
Rate Swap Agreements | ||||||||||||
Currency Exchange Rate Exposure: | ||||||||||||
Forward Foreign | Net Realized Gain (Loss) | Intermediate Bond Fund | (12,780 | ) | (2,247 | ) | ||||||
Currency Contracts | from Forward Foreign | Investment Grade Bond Fund | (3,294 | ) | (604 | ) | ||||||
Currency Contracts, | Seix Global Strategy Fund | (5,593 | ) | (22 | ) | |||||||
Change in Unrealized | Total Return Bond Fund | (6,195 | ) | (1,035 | ) | |||||||
Appreciation/Depreciation | ||||||||||||
on Forward Foreign | ||||||||||||
Currency Contracts | ||||||||||||
Interest Rate Exposure: | ||||||||||||
Futures Contracts | Net Realized Gain (Loss) | Short-Term Bond Fund | 61 | 6 | ||||||||
from Futures Contracts, Change in Unrealized Appreciation/Depreciation on Futures Contracts | U.S. Government Securities Ultra-Short Bond Fund | (428 | ) | — |
194
Shares or | ||||||
Principal Amount($) | Value(000’s)($) | |||||
JPMorgan U.S. Government Money Market Fund, Capital Shares, 0.03% | 75,007,467 | 75,007 | ||||
Merrill Lynch Tri-Party Repurchase Agreement, 0.070%, dated 03/31/11 to be repurchased on 04/01/11, repurchase price $25,000,000 (collateralized by Federal Home Loan Bank; 0.625% due 11/15/12; total market value $25,510,204) | 25,000,000 | 25,000 | ||||
State Street Institutional U.S. Government Money Market Fund, Institutional Class, 0.04% | 208,282,923 | 208,283 | ||||
Total Investments (Cost $308,290) | 308,290 | |||||
Amount due to Lending Agent | (24 | ) | ||||
Net Investment Value | $ | 308,266 | ||||
Fund | Fee($) | |||
Corporate Bond Fund | — | |||
High Income Fund | 46 | |||
Intermediate Bond Fund | 2 | |||
Investment Grade Bond Fund | 1 | |||
Seix High Yield Fund | 36 | |||
Short-Term Bond Fund | — | |||
Short-Term U.S. Treasury Securities Fund | — | |||
Total Return Bond Fund | — | |||
Ultra-Short Bond Fund | — | |||
U.S. Government Securities Fund | — |
195
196
3. | Agreements and Other Service Providers |
Maximum | Discounted | Net | ||||||||||||||
Annual | Annual | Advisory Fees | Annual | |||||||||||||
Advisory | Advisory | Waived/Expenses | Fees | |||||||||||||
Fund | Fee(%)* | Fee(%)* | Reimbursed(%)* | Paid(%)* | ||||||||||||
Corporate Bond Fund | 0.40 | 0.40 | — | 0.40 | ||||||||||||
Georgia Tax-Exempt Bond Fund | 0.55 | 0.55 | — | 0.55 | ||||||||||||
High Grade Municipal Bond Fund | 0.55 | 0.55 | (0.06 | ) | 0.49 | |||||||||||
High Income Fund | 0.60 | 0.60 | — | 0.60 | ||||||||||||
Intermediate Bond Fund | 0.25 | 0.24 | — | 0.24 | ||||||||||||
Investment Grade Bond Fund | 0.50 | 0.50 | — | 0.50 | ||||||||||||
Investment Grade Tax-Exempt Bond Fund | 0.50 | 0.48 | — | 0.48 | ||||||||||||
Limited Duration Fund | 0.10 | 0.10 | — | 0.10 | ||||||||||||
Limited-Term Federal Mortgage Securities Fund | 0.50 | 0.50 | (0.15 | ) | 0.35 | |||||||||||
Maryland Municipal Bond Fund | 0.55 | 0.55 | — | 0.55 | ||||||||||||
North Carolina Tax-Exempt Bond Fund | 0.55 | 0.55 | — | 0.55 | ||||||||||||
Seix Floating Rate High Income Fund | 0.45 | 0.42 | — | 0.43 | ||||||||||||
Seix Global Strategy Fund | 0.60 | 0.60 | (0.06 | ) | 0.54 | |||||||||||
Seix High Yield Fund | 0.45 | 0.43 | — | 0.43 | ||||||||||||
Short-Term Bond Fund | 0.40 | 0.40 | — | 0.40 | ||||||||||||
Short-Term U.S. Treasury Securities Fund | 0.40 | 0.40 | (0.09 | ) | 0.31 | |||||||||||
Total Return Bond Fund | 0.25 | 0.25 | — | 0.25 | ||||||||||||
Ultra-Short Bond Fund | 0.22 | 0.22 | — | 0.22 | ||||||||||||
U.S. Government Securities Fund | 0.50 | 0.50 | — | 0.50 | ||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | 0.20 | 0.19 | — | 0.19 | ||||||||||||
Virginia Intermediate Municipal Bond Fund | 0.55 | 0.55 | — | 0.55 |
* | Aggregate annual fees paid to the Investment Adviser, who pays the applicable Subadviser a portion of the fees for its services to the Funds. |
197
Total Annual | ||||||
Operating | ||||||
Fund | Expenses(%) | |||||
High Grade Municipal Bond Fund* | I Shares | 0.65 | ||||
High Grade Municipal Bond Fund* | A Shares | 0.80 | ||||
Seix Global Strategy Fund | I Shares | 0.83 | ||||
Seix Global Strategy Fund | A Shares | 1.13 | ||||
Short-Term U.S. Treasury Securities Fund* | I Shares | 0.55 | ||||
Short-Term U.S. Treasury Securities Fund* | A Shares | 0.73 | ||||
Short-Term U.S. Treasury Securities Fund* | C Shares | 1.55 |
* | Contractual Expense Caps for the High Grade Municipal Bond Fund and the Short-Term U.S. Treasury Securities Fund became effective August 1, 2010. |
Expires | ||||||||
Fund | 2013($) | 2014($) | ||||||
High Grade Municipal Bond Fund | — | 32 | ||||||
Seix Global Strategy Fund | 1 | 19 | ||||||
Short-Term U.S. Treasury Securities Fund | — | 19 |
198
199
Board | Board | Board | ||||||||||
Approved | Approved | Approved | ||||||||||
and Charged | and Charged | and Charged | ||||||||||
A Share | C Share | R Share | ||||||||||
Distribution | Distribution | Distribution | ||||||||||
and Service | and Service | and Service | ||||||||||
Fund | Fee(%) | Fee(%) | Fee(%) | |||||||||
Corporate Bond Fund | 0.30 | 1.00 | N/A | |||||||||
Georgia Tax-Exempt Bond Fund | 0.15 | N/A | N/A | |||||||||
High Grade Municipal Bond Fund | 0.15 | N/A | N/A | |||||||||
High Income Fund | 0.30 | N/A | 0.50 | |||||||||
Intermediate Bond Fund | 0.25 | N/A | 0.50 | |||||||||
Investment Grade Bond Fund | 0.30 | N/A | 0.50 | |||||||||
Investment Grade Tax-Exempt Bond Fund | 0.30 | N/A | N/A | |||||||||
Limited-Term Federal Mortgage Securities Fund | 0.20 | 1.00 | N/A | |||||||||
Maryland Municipal Bond Fund | 0.15 | N/A | N/A | |||||||||
North Carolina Tax-Exempt Bond Fund | 0.15 | N/A | N/A | |||||||||
Seix Floating Rate High Income Fund | 0.30 | 1.00 | N/A | |||||||||
Seix Global Strategy Fund | 0.30 | N/A | N/A | |||||||||
Seix High Yield Fund | 0.25 | N/A | 0.50 | |||||||||
Short-Term Bond Fund | 0.20 | 1.00 | N/A | |||||||||
Short-Term U.S. Treasury Securities Fund | 0.18 | 1.00 | N/A | |||||||||
Total Return Bond Fund | 0.25 | N/A | 0.50 | |||||||||
U.S. Government Securities Fund | 0.30 | 1.00 | N/A | |||||||||
Virginia Intermediate Municipal Bond Fund | 0.15 | N/A | N/A |
Chairman($) | Trustee($) | |||||||
Annual Retainer | 105,000 | 84,000 | ||||||
Regular Meeting Fee | 7,875 | 6,300 | ||||||
Special Meeting Fee | 4,594 | 3,675 | ||||||
Committee Meeting Fee | 4,725 | 3,150 |
200
201
4. | Investment Transactions |
Sales and | ||||||||
Fund | Purchases($) | Maturities($) | ||||||
Corporate Bond Fund | 63,352 | 158,934 | ||||||
Georgia Tax-Exempt Bond Fund | 91,505 | 135,866 | ||||||
High Grade Municipal Bond Fund | 68,753 | 77,342 | ||||||
High Income Fund | 856,282 | 591,828 | ||||||
Intermediate Bond Fund | 351,840 | 840,499 | ||||||
Investment Grade Bond Fund | 96,036 | 171,715 | ||||||
Investment Grade Tax-Exempt Bond Fund | 1,731,246 | 1,675,286 | ||||||
Limited Duration Fund | 5,390 | 2,060 | ||||||
Limited-Term Federal Mortgage Securities Fund | 3,280 | 5,801 | ||||||
Maryland Municipal Bond Fund | 8,975 | 12,711 | ||||||
North Carolina Tax-Exempt Bond Fund | 29,223 | 26,324 | ||||||
Seix Floating Rate High Income Fund | 3,538,727 | 1,736,670 | ||||||
Seix High Yield Fund | 1,841,872 | 1,991,317 | ||||||
Short-Term Bond Fund | 408,296 | 518,060 | ||||||
Total Return Bond Fund | 615,205 | 631,041 | ||||||
Ultra-Short Bond Fund | 140,455 | 129,626 | ||||||
Virginia Intermediate Municipal Bond Fund | 32,326 | 51,654 |
Sales and | ||||||||
Fund | Purchases($) | Maturities($) | ||||||
Intermediate Bond Fund | 1,304,230 | 1,150,717 | ||||||
Investment Grade Bond Fund | 308,983 | 333,517 | ||||||
Limited Duration Fund | 18,332 | 11,499 | ||||||
Limited-Term Federal Mortgage Securities Fund | 136,141 | 128,452 | ||||||
Short-Term Bond Fund | 401,600 | 451,972 | ||||||
Short-Term U.S. Treasury Securities Fund | 13,726 | 23,828 | ||||||
Total Return Bond Fund | 1,502,872 | 1,408,831 | ||||||
Ultra-Short Bond Fund | 84,284 | 81,344 | ||||||
U.S. Government Securities Fund | 58,395 | 85,315 | ||||||
U.S. Government Securities Ultra-Short Bond Fund | 3,443,476 | 3,231,548 |
5. | Income Tax Information |
202
Net Unrealized | ||||||||||||||||
Tax Unrealized | Tax Unrealized | Appreciation/ | ||||||||||||||
Fund | Tax Cost($) | Appreciation($) | (Depreciation)($) | (Depreciation)($) | ||||||||||||
Corporate Bond Fund | 75,492 | 5,537 | (460 | ) | 5,077 | |||||||||||
Georgia Tax-Exempt Bond Fund | 165,449 | 3,115 | (4,395 | ) | (1,280 | ) | ||||||||||
High Grade Municipal Bond Fund | 54,041 | 1,454 | (187 | ) | 1,267 | |||||||||||
High Income Fund | 517,870 | 21,522 | (2,825 | ) | 18,697 | |||||||||||
Intermediate Bond Fund | 1,272,650 | 33,893 | (1,821 | ) | 32,072 | |||||||||||
Investment Grade Bond Fund | 306,584 | 12,406 | (559 | ) | 11,847 | |||||||||||
Investment Grade Tax-Exempt Bond Fund | 1,099,009 | 15,490 | (8,175 | ) | 7,315 | |||||||||||
Limited Duration Fund | 22,524 | 88 | (3 | ) | 85 | |||||||||||
Limited-Term Federal Mortgage Securities Fund | 41,329 | 180 | (28 | ) | 152 | |||||||||||
Maryland Municipal Bond Fund | 24,854 | 688 | (340 | ) | 348 | |||||||||||
North Carolina Tax-Exempt Bond Fund | 51,558 | 816 | (854 | ) | (38 | ) | ||||||||||
Seix Floating Rate High Income Fund | 3,355,387 | 66,830 | (5,453 | ) | 61,377 | |||||||||||
Seix Global Strategy Fund | 9,256 | 3 | — | 3 | ||||||||||||
Seix High Yield Fund | 1,689,803 | 124,633 | (3,600 | ) | 121,033 | |||||||||||
Short-Term Bond Fund | 344,566 | 4,828 | (795 | ) | 4,033 | |||||||||||
Short-Term U.S. Treasury Securities Fund | 35,560 | 470 | (50 | ) | 420 | |||||||||||
Total Return Bond Fund | 696,903 | 18,637 | (1,893 | ) | 16,744 | |||||||||||
Ultra-Short Bond Fund | 117,202 | 761 | (163 | ) | 598 | |||||||||||
U.S. Government Securities Fund | 52,154 | 882 | (181 | ) | 701 | |||||||||||
U.S. Government Securities Ultra-Short Bond Fund | 1,650,716 | 14,390 | (1,348 | ) | 13,042 | |||||||||||
Virginia Intermediate Municipal Bond Fund | 167,383 | 6,571 | (1,197 | ) | 5,374 |
203
Distributions paid from | ||||||||||||||||||||
Net | Net Long | Total | ||||||||||||||||||
Investment | Term Capital | Tax Exempt | Return of | Distributions | ||||||||||||||||
Fund | Income($)** | Gains($)*** | Distributions($)**** | Capital ($) | Paid($)* | |||||||||||||||
Corporate Bond Fund | 5,842 | 2,815 | — | — | 8,657 | |||||||||||||||
Georgia Tax-Exempt Bond Fund | 1 | — | 8,182 | — | 8,183 | |||||||||||||||
High Grade Municipal Bond Fund | 124 | — | 2,240 | — | 2,364 | |||||||||||||||
High Income Fund | 17,461 | 574 | — | — | 18,035 | |||||||||||||||
Intermediate Bond Fund | 52,827 | 24,181 | — | 4,399 | 81,407 | |||||||||||||||
Investment Grade Bond Fund | 16,078 | 9,001 | — | 3,210 | 28,289 | |||||||||||||||
Investment Grade Tax-Exempt Bond Fund | 22,599 | 4,893 | 30,656 | — | 58,148 | |||||||||||||||
Limited Duration Fund | 185 | — | — | — | 185 | |||||||||||||||
Limited-Term Federal Mortgage Securities Fund | 687 | — | — | — | 687 | |||||||||||||||
Maryland Municipal Bond Fund | 1 | 82 | 948 | — | 1,031 | |||||||||||||||
North Carolina Tax-Exempt Bond Fund | 8 | — | 2,000 | — | 2,008 | |||||||||||||||
Seix Floating Rate High Income Fund | 104,270 | — | — | — | 104,270 | |||||||||||||||
Seix Global Strategy Fund | 220 | — | — | 6 | 226 | |||||||||||||||
Seix High Yield Fund | 131,470 | — | — | — | 131,470 | |||||||||||||||
Short-Term Bond Fund | 10,496 | — | — | — | 10,496 | |||||||||||||||
Short-Term U.S. Treasury Securities Fund | 790 | 223 | — | — | 1,013 | |||||||||||||||
Total Return Bond Fund | 39,194 | 8,592 | — | 6,002 | 53,788 | |||||||||||||||
Ultra-Short Bond Fund | 1,635 | — | — | — | 1,635 | |||||||||||||||
U.S. Government Securities Fund | 1,409 | 2,310 | — | — | 3,719 | |||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | 24,487 | — | — | — | 24,487 | |||||||||||||||
Virginia Intermediate Municipal Bond Fund | 97 | 1,193 | 6,529 | — | 7,819 |
** | Net ordinary income includes taxable market discount income and net short-term capital gains, if any. |
*** | The Funds designate as a long-term capital gain dividend, pursuant to the Internal Revenue Code Section 852(b)(3), the amount necessary to reduce earnings and profits of the Funds related to net capital gain to zero for the tax year ended March 31, 2011. |
**** | The Funds hereby designate these amounts as Exempt Interest Dividends. |
* | Total distributions paid are recognized on a when declared basis for the year ended March 31, 2011. |
204
Distributions paid from | ||||||||||||||||||||
Net | Net Long | Total | ||||||||||||||||||
Investment | Term Capital | Tax-Exempt | Return of | Distributions | ||||||||||||||||
Fund | Income($) | Gains($) | Distributions($) | Capital($) | Paid($)* | |||||||||||||||
Corporate Bond Fund | 6,617 | — | — | 418 | 7,035 | |||||||||||||||
Georgia Tax-Exempt Bond Fund | — | — | 7,211 | — | 7,211 | |||||||||||||||
High Grade Municipal Bond Fund | 20 | — | 2,721 | — | 2,741 | |||||||||||||||
High Income Fund | 6,520 | — | — | — | 6,520 | |||||||||||||||
Intermediate Bond Fund | 47,782 | 1,022 | — | — | 48,804 | |||||||||||||||
Investment Grade Bond Fund | 16,075 | — | — | — | 16,075 | |||||||||||||||
Investment Grade Tax-Exempt Bond Fund | 14,671 | 479 | 29,558 | — | 44,708 | |||||||||||||||
Limited Duration Fund | 189 | — | — | — | 189 | |||||||||||||||
Limited-Term Federal Mortgage Securities Fund | 1,405 | — | — | — | 1,405 | |||||||||||||||
Maryland Municipal Bond Fund | — | — | 1,107 | — | 1,107 | |||||||||||||||
North Carolina Tax-Exempt Bond Fund | 7 | — | 1,874 | — | 1,881 | |||||||||||||||
Seix Floating Rate High Income Fund | 50,649 | — | — | — | 50,649 | |||||||||||||||
Seix Global Strategy Fund | 268 | — | — | — | 268 | |||||||||||||||
Seix High Yield Fund | 106,738 | — | — | — | 106,738 | |||||||||||||||
Short-Term Bond Fund | 12,363 | — | — | — | 12,363 | |||||||||||||||
Short-Term U.S. Treasury Securities Fund | 969 | 91 | — | — | 1,060 | |||||||||||||||
Total Return Bond Fund | 29,881 | 2,965 | — | — | 32,846 | |||||||||||||||
Ultra-Short Bond Fund | 1,707 | — | — | — | 1,707 | |||||||||||||||
U.S. Government Securities Fund | 12,635 | 11,070 | — | — | 23,705 | |||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | 14,212 | — | — | — | 14,212 | |||||||||||||||
Virginia Intermediate Municipal Bond Fund | 57 | 501 | 7,229 | — | 7,787 |
* | Total distributions paid may differ from the Statements of Changes in Net Assets because for tax purposes, dividends are recognized when actually paid. |
205
Total | ||||||||||||||||||||||||||||
Undistributed | Accumulated | Unrealized | Accumulated | |||||||||||||||||||||||||
Tax Exempt | Ordinary | Long Term | Accumulated | Capital and | Appreciation/ | Earnings | ||||||||||||||||||||||
Fund | Income($) | Income($) | Capital Gains($) | Earnings($) | Other Losses($)* | (Depreciation)($)** | (Deficit)($) | |||||||||||||||||||||
Corporate Bond Fund | — | — | 1,982 | 1,982 | — | 5,077 | 7,059 | |||||||||||||||||||||
Georgia Tax-Exempt Bond Fund | 734 | — | — | 734 | (7,564 | ) | (1,280 | ) | (8,110 | ) | ||||||||||||||||||
High Grade Municipal Bond Fund | 158 | — | — | 158 | (986 | ) | 1,267 | 439 | ||||||||||||||||||||
High Income Fund | — | 6,713 | 1,105 | 7,818 | — | 18,697 | 26,515 | |||||||||||||||||||||
Intermediate Bond Fund | — | — | — | — | — | 32,072 | 32,072 | |||||||||||||||||||||
Investment Grade Bond Fund | — | — | — | — | — | 11,847 | 11,847 | |||||||||||||||||||||
Investment Grade Tax-Exempt Bond Fund | 1,918 | — | — | 1,918 | (7,479 | ) | 7,315 | 1,754 | ||||||||||||||||||||
Limited Duration Fund | — | 10 | — | 10 | (1,558 | ) | 84 | (1,464 | ) | |||||||||||||||||||
Limited-Term Federal Mortgage Securities Fund | — | 38 | — | 38 | (17,243 | ) | 152 | (17,053 | ) | |||||||||||||||||||
Maryland Municipal Bond Fund | 23 | — | 19 | 42 | — | 348 | 390 | |||||||||||||||||||||
North Carolina Tax-Exempt Bond Fund | 88 | — | — | 88 | (1,562 | ) | (38 | ) | (1,512 | ) | ||||||||||||||||||
Seix Floating Rate High Income Fund | — | 17,429 | — | 17,429 | (53,470 | ) | 61,377 | 25,336 | ||||||||||||||||||||
Seix Global Strategy Fund | — | — | — | — | (1,142 | ) | 66 | (1,076 | ) | |||||||||||||||||||
Seix High Yield Fund | — | 10,769 | — | 10,769 | (42,070 | ) | 121,034 | 89,733 | ||||||||||||||||||||
Short-Term Bond Fund | — | 786 | — | 786 | (6,923 | ) | 4,027 | (2,110 | ) | |||||||||||||||||||
Short-Term U.S. Treasury Securities Fund | — | 29 | 8 | 37 | — | 420 | 457 | |||||||||||||||||||||
Total Return Bond Fund | — | — | — | — | (605 | ) | 16,744 | 16,139 | ||||||||||||||||||||
Ultra-Short Bond Fund | — | 147 | — | 147 | (4,361 | ) | 598 | (3,616 | ) | |||||||||||||||||||
U.S. Government Securities Fund | — | 818 | 229 | 1,047 | — | 701 | 1,748 | |||||||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | — | 2,723 | — | 2,723 | (16,902 | ) | 13,042 | (1,137 | ) | |||||||||||||||||||
Virginia Intermediate Municipal Bond Fund | 508 | — | 225 | 733 | — | 5,391 | 6,124 |
* | As of the latest tax year end of March 31, 2011, the following Funds had net capital loss carryovers to offset future net capital gains, if any, to the extent provided by the Treasury regulations (in thousands). To the extent that these carryovers are used to offset future gains, it is probable that the gains so offset will not be distributed to shareholders. |
** | The differences between book-basis and tax-basis unrealized appreciation/(depreciation) is attributable primarily to: tax deferral of losses on wash sales and the difference between book and tax amortization methods for premium and market discount. |
206
Expires | ||||||||||||||||||||||||||||||||
Fund | 2012($) | 2013($) | 2014($) | 2015($) | 2016($) | 2017($) | 2018($) | 2019($) | ||||||||||||||||||||||||
Georgia Tax-Exempt Bond Fund | — | — | — | — | 91 | 2,203 | 1,455 | — | ||||||||||||||||||||||||
High Grade Municipal Bond Fund | — | — | — | — | — | 986 | — | — | ||||||||||||||||||||||||
Investment Grade Tax-Exempt Bond Fund | — | — | — | — | — | — | ||||||||||||||||||||||||||
Limited Duration Fund | — | — | — | — | — | 457 | 1,102 | — | ||||||||||||||||||||||||
Limited-Term Federal Mortgage Securities Fund | 1,720 | 3,272 | 5,209 | 4,062 | 2,980 | — | — | — | ||||||||||||||||||||||||
North Carolina Tax-Exempt Bond Fund | — | — | — | — | 264 | 613 | — | — | ||||||||||||||||||||||||
Seix Floating Rate High Income Fund | — | — | — | — | — | 24,483 | 28,987 | — | ||||||||||||||||||||||||
Seix Global Strategy Fund | — | — | — | — | — | — | — | 356 | ||||||||||||||||||||||||
Seix High Yield Fund | — | — | — | — | — | 10,912 | 31,158 | — | ||||||||||||||||||||||||
Short-Term Bond Fund | 22 | 353 | 47 | 1,052 | — | 888 | 4,561 | — | ||||||||||||||||||||||||
Short-Term U.S. Treasury Securities Fund | — | — | — | — | — | — | — | — | ||||||||||||||||||||||||
Ultra-Short Bond Fund | 494 | 548 | 573 | 667 | — | 203 | 1,363 | 451 | ||||||||||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | 297 | 393 | 272 | 150 | — | — | 700 | 10,095 |
Fund | Amount($) | |||
Corporate Bond Fund | 7,261 | |||
Georgia Tax-Exempt Bond Fund | 834 | |||
High Grade Municipal Bond Fund | 841 | |||
High Income Fund | 4,123 | |||
Limited Duration Fund | 122 | |||
Limited-Term Federal Mortgage Securities Fund | 973 | |||
Maryland Municipal Bond Fund | 219 | |||
North Carolina Tax-Exempt Bond Fund | 77 | |||
Seix Floating Rate High Income Fund | 16,387 | |||
Seix High Yield Fund | 84,226 | |||
Short-Term Bond Fund | 3,739 |
Fund | Amount($) | |||
Georgia Tax-Exempt Bond Fund | 3,815 | |||
Investment Grade Tax-Exempt Bond Fund | 7,479 | |||
North Carolina Tax-Exempt Bond Fund | 685 | |||
Seix Global Strategy Fund | 786 | * | ||
Total Return Bond Fund | 605 | |||
Ultra-Short Bond Fund | 62 | |||
U.S. Government Securities Ultra-Short Bond Fund | 4,995 |
* | The Seix Global Strategy Fund has elected to defer net capital losses and currency losses of $650 and $136, respectively, in thousands. |
207
6. | Risks |
7. | Investments in Affiliated Issuers |
208
Share | Share | |||||||||||||||||||||||
Balance at | Balance at | Dividend | Net Realized | |||||||||||||||||||||
March 31, | March 31, | Income | Gain (Loss) | |||||||||||||||||||||
Name of Affiliated Issuer | 2010 | Purchases | Sales | 2011 | (in thousands) | (in thousands) | ||||||||||||||||||
Corporate Bond Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | — | 31,031,759 | 31,031,759 | — | $ | 1 | $ | — | ||||||||||||||||
Total | $ | 1 | $ | — | ||||||||||||||||||||
High Grade Municipal Bond Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | — | — | — | — | $ | — | $ | — | ||||||||||||||||
Total | $ | — | $ | — | ||||||||||||||||||||
High Income Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 31,592,993 | 178,164,600 | 209,757,593 | — | $ | 19 | $ | — | ||||||||||||||||
Total | $ | 19 | $ | — | ||||||||||||||||||||
Intermediate Bond Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 79,709,220 | 727,448,121 | 807,157,341 | — | $ | 167 | $ | — | ||||||||||||||||
Total | $ | 167 | $ | — | ||||||||||||||||||||
Investment Grade Bond Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 16,287,950 | 182,250,895 | 198,538,845 | — | $ | 9 | $ | — | ||||||||||||||||
Total | $ | 9 | $ | — | ||||||||||||||||||||
Investment Grade Tax-Exempt Bond Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 51,718,504 | 77,816,319 | 129,534,823 | — | $ | 1 | $ | — | ||||||||||||||||
Total | $ | 1 | $ | — | ||||||||||||||||||||
Limited Duration Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 4,774,051 | 13,542,651 | 18,316,702 | — | $ | 1 | $ | — | ||||||||||||||||
Total | $ | 1 | $ | — | ||||||||||||||||||||
Limited-Term Federal Mortgage Securities Fund | ||||||||||||||||||||||||
RidgeWorth Institutional U.S. Government Securities Money Market Fund | 6,345,664 | 25,034,795 | 31,380,459 | — | $ | 3 | $ | — | ||||||||||||||||
Total | $ | 3 | $ | — | ||||||||||||||||||||
North Carolina Tax-Exempt Bond Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | — | 499,542 | 499,542 | — | $ | — | $ | — | ||||||||||||||||
Total | $ | — | $ | — | ||||||||||||||||||||
Seix Floating Rate High Income Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 153,604,890 | 874,784,405 | 1,028,389,295 | — | $ | 73 | $ | — | ||||||||||||||||
Total | $ | 73 | $ | — | ||||||||||||||||||||
209
Share | Share | |||||||||||||||||||||||
Balance at | Balance at | Dividend | Net Realized | |||||||||||||||||||||
March 31, | March 31, | Income | Gain (Loss) | |||||||||||||||||||||
Name of Affiliated Issuer | 2010 | Purchases | Sales | 2011 | (in thousands) | (in thousands) | ||||||||||||||||||
Seix Global Strategy Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 9,006,445 | 118,060,808 | 127,067,253 | — | $ | 9 | $ | — | ||||||||||||||||
Total | $ | 9 | $ | — | ||||||||||||||||||||
Seix High Yield Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 109,919,623 | 786,997,680 | 896,917,303 | — | $ | 34 | $ | — | ||||||||||||||||
Total | $ | 34 | $ | — | ||||||||||||||||||||
Short-Term Bond Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 22,041,275 | 61,036,949 | 83,078,224 | — | $ | 4 | $ | — | ||||||||||||||||
RidgeWorth Institutional U.S. Government Securities Money Market Fund | 2,817,629 | 4,232,827 | 7,050,456 | — | — | — | ||||||||||||||||||
Total | $ | 4 | $ | — | ||||||||||||||||||||
Total Return Bond Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 123,510,231 | 405,334,570 | 528,844,801 | — | $ | 70 | $ | — | ||||||||||||||||
Total | $ | 70 | $ | — | ||||||||||||||||||||
Ultra-Short Bond Fund | ||||||||||||||||||||||||
RidgeWorth Institutional Cash Management Money Market Fund | 3,311,999 | 34,013,928 | 37,325,927 | — | $ | 1 | $ | — | ||||||||||||||||
RidgeWorth Institutional U.S. Government Securities Money Market Fund | 2,213,318 | 1,003,044 | 3,216,362 | — | — | — | ||||||||||||||||||
Total | $ | 1 | $ | — | ||||||||||||||||||||
U.S. Government Securities Fund | ||||||||||||||||||||||||
RidgeWorth Institutional U.S. Government Securities Money Market Fund | 6,535,835 | 17,388,724 | 23,924,559 | — | $ | 1 | $ | — | ||||||||||||||||
Total | $ | 1 | $ | — | ||||||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | ||||||||||||||||||||||||
RidgeWorth Institutional U.S. Government Securities Money Market Fund | 71,122,143 | 47,462,376 | 118,584,519 | — | $ | 1 | $ | — | ||||||||||||||||
Total | $ | 1 | $ | — | ||||||||||||||||||||
8. | Subsequent Events |
210
211
Fund | Amount($) | |||
Corporate Bond Fund | 2,815 | |||
High Income Fund | 574 | |||
Intermediate Bond Fund | 24,181 | |||
Investment Grade Bond Fund | 9,001 | |||
Investment Grade Tax-Exempt Bond Fund | 4,893 | |||
Maryland Municipal Bond Fund | 82 | |||
Short-Term U.S. Treasury Securities Fund | 223 | |||
Total Return Bond Fund | 8,592 | |||
U.S. Government Securities Fund | 2,310 | |||
Virginia Intermediate Municipal Bond Fund | 1,193 |
212
(Unaudited)
Number of | ||||||||||
Principal | Portfolios in | Other Directorships | ||||||||
Position | Term of | Occupation(s) | the RidgeWorth | Held By Trustee | ||||||
Held with | Office and Length | During the | Complex Overseen | During the Past | ||||||
Name and Age | the Trust | of Time Served | Past 5 Years | by Trustees | 5 Years | |||||
Jeffrey M. Biggar Age: 61 | Trustee | Indefinite; since 2007 | Managing Director, Little Mountain Group, LLC (since 2011); Chief Operating Officer (Cedar Brook Financial Partners LLC) (2008-2010); Chief Executive Officer and Senior Managing Director, Sterling (National City Corp.) (2000-2006). | 37 | GenSpring Trust | |||||
George C. Guynn Age: 68 | Trustee | Indefinite; since 2008 | Retired. President (1996-2006) and Chief Executive Officer (1995-2006) Federal Reserve Bank of Atlanta. | 37 | Genuine Parts Company; Oxford Industries; John Wieland Homes and Neighborhoods Inc.; Acuity Brands Inc.; GenSpring Trust | |||||
Sidney E. Harris Age: 61 | Trustee | Indefinite; since 2004 | Professor (since 1997), Dean (1997-2004), J. Mack Robinson College of Business, Georgia State University. | 37 | Total System Services, Inc.; GenSpring Trust | |||||
Warren Y. Jobe Age: 70 | Trustee | Indefinite; since 2004 | Retired. Executive Vice President and Chief Financial Officer, Georgia Power Company (1982-1998) and Senior Vice President, Southern Company (1998-2001). | 37 | WellPoint, Inc; UniSource Energy Corp. | |||||
Connie D. McDaniel Age: 52 | Trustee | Indefinite; since 2005 | Vice President, Chief of Internal Audit, Corporate Audit Department (since 2009); Vice President Global Finance Transformation (2007-2009); Vice President and Controller (1999-2007), The Coca-Cola Company. | 37 | None | |||||
Clarence H. Ridley Age: 68 | Trustee | Indefinite; since 2001 | Chairman Emeritus (since 2010); Chairman, Havertys Furniture Companies (2001-2010). | 37 | Crawford & Co.; Havertys Furniture Companies | |||||
213
(Unaudited)
Term of | ||||||
Office and | ||||||
Name, Address | Position(s) Held | Length of | Principal Occupation(s) | |||
and Age | with the Trust | Time Served | During the Past 5 Years | |||
Julia R. Short Age: 38 | President and Chief Executive Officer | One year; since 2007 | Managing Director, Product Manager, RidgeWorth Investments. (since 2004); Relationship Manager, SEI Investments (financial services) (1994-2004). | |||
Joseph M. O’Donnell Age: 56 | Executive Vice President and Chief Compliance Officer | One year; since April 2011 | Chief Compliance Officer of the ING Funds (2004-2011); Executive Vice President of the ING Funds (2004-2011); Chief Compliance Officer of ING Investments, LLC (2006-2008 and October 2009-2011); and Investment Advisor Chief Compliance Officer, Directed Services LLC (2006-2008 and 2009-2011). Formerly, Investment Advisor Chief Compliance Officer, ING Life Insurance and Annuity Company (2006). | |||
Cynthia L. Morse-Griffin Foreside Management Services, LLC Three Canal Plaza, Suite 100 Portland, ME 04101 Age: 35 | Treasurer; Chief Financial Officer and Chief Accounting Officer | One year; since 2010 | Fund Principal Financial Officer, Foreside Management Services, LLC (2008-present); Assistant Vice President, Citigroup Fund Services, LLC (2001-2008). | |||
Alan Otis State Street Bank and Trust Co. 4 Copley Place, 5th Fl. Boston, MA 02116 Age: 39 | Assistant Treasurer | One year; since 2010 | Vice President, State Street Bank and Trust Company (since 1995).* | |||
James Bacik State Street Bank and Trust Co. 4 Copley Place, 5th Fl. Boston, MA 02116 Age: 35 | Assistant Treasurer | One year; since 2010 | Assistant Vice President, State Street Bank and Trust Company (since 2001).* | |||
James M. Atwood Foreside Compliance Services, LLC Three Canal Plaza, Suite 100 Portland, ME 04101 Age: 46 | Anti-Money Laundering Officer and Identity Theft Prevention Officer | One year; since 2010 | Compliance Analyst, Foreside Compliance Services, LLC (since 2007); personal sabbatical (2004-2007); Attorney, Pierce Atwood (law firm) (2001-2004). | |||
Julie Tedesco State Street Bank and Trust Company Mailstop CPH 0326 4 Copley Place Boston, MA 02116 Age: 53 | Secretary and Chief Legal Officer | One year; since 2010 | Senior Vice President and Senior Managing Counsel, State Street Bank and Trust Company (since 2000).* | |||
Odeh Stevens State Street Bank and Trust Company Mailstop JHT 1732 200 Clarendon Street Boston, MA 02116 Age: 42 | Assistant Secretary | One year; since 2010 | Vice President and Counsel, State Street Bank and Trust Company (since 2005). Legal Product Manager, Fidelity Investments (2000-2005). | |||
* | During the period indicated the Officer has held various positions at State Street Bank and Trust Company and has provided his or her current title. |
214
(Unaudited)
215
(Unaudited)
216
(Unaudited)
Beginning | Ending | Expenses Paid | Expense Ratio | |||||||||||||||
Account Value | Account Value | During Period* | During Period** | |||||||||||||||
Fund | Class | 10/01/10($) | 03/31/11($) | 10/01/10-03/31/11($) | 10/01/10-03/31/11(%) | |||||||||||||
Corporate Bond Fund | I Shares | 1,000.00 | 988.10 | 2.63 | 0.53 | |||||||||||||
A Shares | 1,000.00 | 986.60 | 4.21 | 0.85 | ||||||||||||||
C Shares | 1,000.00 | 972.90 | 7.43 | 1.51 | ||||||||||||||
Georgia Tax-Exempt Bond Fund | I Shares | 1,000.00 | 895.80 | 2.93 | 0.62 | |||||||||||||
A Shares | 1,000.00 | 940.40 | 3.73 | 0.77 | ||||||||||||||
High Grade Municipal Bond Fund | I Shares | 1,000.00 | 953.80 | 3.17 | 0.65 | |||||||||||||
A Shares | 1,000.00 | 952.30 | 3.89 | 0.80 | ||||||||||||||
High Income Fund | I Shares | 1,000.00 | 1,104.30 | 3.67 | 0.70 | |||||||||||||
A Shares | 1,000.00 | 1,102.60 | 5.24 | 1.00 | ||||||||||||||
R Shares | 1,000.00 | 1,100.30 | 7.80 | 1.49 | ||||||||||||||
Intermediate Bond Fund | I Shares | 1,000.00 | 986.60 | 1.68 | 0.34 | |||||||||||||
A Shares | 1,000.00 | 985.40 | 2.97 | 0.60 | ||||||||||||||
R Shares | 1,000.00 | 983.10 | 5.83 | 1.18 | ||||||||||||||
Investment Grade Bond Fund | I Shares | 1,000.00 | 967.70 | 2.80 | 0.57 | |||||||||||||
A Shares | 1,000.00 | 965.60 | 4.17 | 0.85 | ||||||||||||||
R Shares | 1,000.00 | 974.80 | 6.15 | 1.25 | ||||||||||||||
Investment Grade Tax-Exempt Bond Fund | I Shares | 1,000.00 | 967.70 | 2.80 | 0.57 | |||||||||||||
A Shares | 1,000.00 | 965.60 | 4.17 | 0.85 | ||||||||||||||
Limited Duration Fund | I Shares | 1,000.00 | 1,006.30 | 1.00 | 0.20 | |||||||||||||
Limited-Term Federal Mortgage Securities Fund | I Shares | 1,000.00 | 1,010.00 | 3.31 | 0.66 | |||||||||||||
A Shares | 1,000.00 | 1,009.00 | 4.31 | 0.86 | ||||||||||||||
C Shares | 1,000.00 | 1,005.00 | 8.30 | 1.66 | ||||||||||||||
Maryland Municipal Bond Fund | I Shares | 1,000.00 | 955.00 | 3.36 | 0.69 | |||||||||||||
A Shares | 1,000.00 | 954.30 | 4.09 | 0.84 | ||||||||||||||
North Carolina Tax-Exempt Bond Fund | I Shares | 1,000.00 | 952.30 | 3.16 | 0.65 | |||||||||||||
A Shares | 1,000.00 | 951.40 | 3.89 | 0.80 | ||||||||||||||
Seix Floating Rate High Income Fund | I Shares | 1,000.00 | 1,054.10 | 2.61 | 0.51 | |||||||||||||
A Shares | 1,000.00 | 1,052.50 | 4.30 | 0.84 | ||||||||||||||
C Shares | 1,000.00 | 1,050.20 | 7.67 | 1.50 | ||||||||||||||
Seix Global Strategy Fund | I Shares | 1,000.00 | 958.40 | 3.81 | 0.78 | |||||||||||||
A Shares*** | 1,000.00 | 958.40 | 5.52 | 1.46 | ||||||||||||||
Seix High Yield Fund | I Shares | 1,000.00 | 1,079.30 | 2.64 | 0.51 | |||||||||||||
A Shares | 1,000.00 | 1,077.80 | 3.94 | 0.76 | ||||||||||||||
R Shares | 1,000.00 | 1,076.40 | 7.20 | 1.38 | ||||||||||||||
Short-Term Bond Fund | I Shares | 1,000.00 | 999.90 | 2.39 | 0.48 | |||||||||||||
A Shares | 1,000.00 | 998.90 | 3.44 | 0.69 | ||||||||||||||
C Shares | 1,000.00 | 994.90 | 7.36 | 1.48 |
217
(Unaudited)
Beginning | Ending | Expenses Paid | Expense Ratio | |||||||||||||||
Account Value | Account Value | During Period* | During Period** | |||||||||||||||
Fund | Class | 10/01/10($) | 03/31/11($) | 10/01/10-03/31/11($) | 10/01/10-03/31/11(%) | |||||||||||||
Short-Term U.S. Treasury Securities Fund | I Shares | 1,000.00 | 995.10 | 2.74 | 0.55 | |||||||||||||
A Shares | 1,000.00 | 994.20 | 3.63 | 0.73 | ||||||||||||||
C Shares | 1,000.00 | 990.10 | 7.69 | 1.55 | ||||||||||||||
Total Return Bond Fund | I Shares | 1,000.00 | 993.20 | 1.69 | 0.34 | |||||||||||||
A Shares | 1,000.00 | 994.60 | 2.93 | 0.59 | ||||||||||||||
R Shares | 1,000.00 | 991.10 | 4.37 | 0.88 | ||||||||||||||
Ultra-Short Bond Fund | I Shares | 1,000.00 | 1,005.40 | 1.50 | 0.30 | |||||||||||||
U.S. Government Securities Fund | I Shares | 1,000.00 | 967.90 | 3.09 | 0.63 | |||||||||||||
A Shares | 1,000.00 | 966.40 | 4.61 | 0.94 | ||||||||||||||
C Shares | 1,000.00 | 963.10 | 7.98 | 1.63 | ||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | I Shares | 1,000.00 | 1,005.70 | 1.65 | 0.33 | |||||||||||||
Virginia Intermediate Municipal Bond Fund | I Shares | 1,000.00 | 974.30 | 3.05 | 0.62 | |||||||||||||
A Shares | 1,000.00 | 973.60 | 3.79 | 0.77 |
* | Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year(182) divided by the number of days in the fiscal year(365). |
** | Annualized. |
*** | Information shown reflects values for the period from December 16, 2010 (commencement of operations) to March 31, 2011 and has been calculated using expense ratios and rates of return for the same period. |
218
(Unaudited)
Beginning | Ending | Expenses Paid | Expense Ratio | |||||||||||||||||
Account Value | Account Value | During Period* | During Period** | |||||||||||||||||
Fund | Class | 10/01/10($) | 03/31/11($) | 10/01/10-03/31/11($) | 10/01/10-03/31/11(%) | |||||||||||||||
Corporate Bond Fund | I Shares | 1,000.00 | 1,022.29 | 2.67 | 0.53 | |||||||||||||||
A Shares | 1,000.00 | 1,020.69 | 4.28 | 0.85 | ||||||||||||||||
C Shares | 1,000.00 | 1,017.40 | 7.59 | 1.51 | ||||||||||||||||
Georgia Tax-Exempt Bond Fund | I Shares | 1,000.00 | 1,021.84 | 3.13 | 0.62 | |||||||||||||||
A Shares | 1,000.00 | 1,021.09 | 3.88 | 0.77 | ||||||||||||||||
High Grade Municipal Bond Fund | I Shares | 1,000.00 | 1,021.69 | 3.28 | 0.65 | |||||||||||||||
A Shares | 1,000.00 | 1,020.94 | 4.03 | 0.80 | ||||||||||||||||
High Income Fund | I Shares | 1,000.00 | 1,021.44 | 3.53 | 0.70 | |||||||||||||||
A Shares | 1,000.00 | 1,019.95 | 5.04 | 1.00 | ||||||||||||||||
R Shares | 1,000.00 | 1,017.50 | 7.49 | 1.49 | ||||||||||||||||
Intermediate Bond Fund | I Shares | 1,000.00 | 1,023.24 | 1.72 | 0.34 | |||||||||||||||
A Shares | 1,000.00 | 1,021.94 | 3.02 | 0.60 | ||||||||||||||||
R Shares | 1,000.00 | 1,019.05 | 5.94 | 1.18 | ||||||||||||||||
Investment Grade Bond Fund | I Shares | 1,000.00 | 1,022.09 | 2.87 | 0.57 | |||||||||||||||
A Shares | 1,000.00 | 1,020.69 | 4.28 | 0.85 | ||||||||||||||||
Investment Grade Tax-Exempt Bond Fund | I Shares | 1,000.00 | 1,022.09 | 2.87 | 0.57 | |||||||||||||||
A Shares | 1,000.00 | 1,020.69 | 4.28 | 0.85 | ||||||||||||||||
Limited Duration Fund | I Shares | 1,000.00 | 1,023.93 | 1.01 | 0.20 | |||||||||||||||
Limited-Term Federal Mortgage Securities Fund | I Shares | 1,000.00 | 1,021.64 | 3.33 | 0.66 | |||||||||||||||
A Shares | 1,000.00 | 1,020.64 | 4.33 | 0.86 | ||||||||||||||||
C Shares | 1,000.00 | 1,016.65 | 8.35 | 1.66 | ||||||||||||||||
Maryland Municipal Bond Fund | I Shares | 1,000.00 | 1,021.49 | 3.48 | 0.69 | |||||||||||||||
A Shares | 1,000.00 | 1,020.74 | 4.23 | 0.84 | ||||||||||||||||
North Carolina Tax-Exempt Bond Fund | I Shares | 1,000.00 | 1,021.69 | 3.28 | 0.65 | |||||||||||||||
A Shares | 1,000.00 | 1,020.94 | 4.03 | 0.80 | ||||||||||||||||
Seix Floating Rate High Income Fund | I Shares | 1,000.00 | 1,022.39 | 2.57 | 0.51 | |||||||||||||||
A Shares | 1,000.00 | 1,020.74 | 4.23 | 0.84 | ||||||||||||||||
C Shares | 1,000.00 | 1,017.45 | 7.54 | 1.50 | ||||||||||||||||
Seix Global Strategy Fund | I Shares | 1,000.00 | 1,021.04 | 3.93 | 0.78 | |||||||||||||||
A Shares | *** | 1,000.00 | 1,013.68 | 5.68 | 1.46 | |||||||||||||||
Seix High Yield Fund | I Shares | 1,000.00 | 1,022.39 | 2.57 | 0.51 | |||||||||||||||
A Shares | 1,000.00 | 1,021.14 | 3.83 | 0.76 | ||||||||||||||||
R Shares | 1,000.00 | 1,018.00 | 6.99 | 1.39 | ||||||||||||||||
Short-Term Bond Fund | I Shares | 1,000.00 | 1,022.54 | 2.42 | 0.48 | |||||||||||||||
A Shares | 1,000.00 | 1,021.49 | 3.48 | 0.69 | ||||||||||||||||
C Shares | 1,000.00 | 1,017.55 | 7.44 | 1.48 | ||||||||||||||||
Short-Term U.S. Treasury Securities Fund | I Shares | 1,000.00 | 1,022.19 | 2.77 | 0.55 | |||||||||||||||
A Shares | 1,000.00 | 1,021.29 | 3.68 | 0.73 | ||||||||||||||||
C Shares | 1,000.00 | 1,017.20 | 7.80 | 1.55 | ||||||||||||||||
Total Return Bond Fund | I Shares | 1,000.00 | 1,023.24 | 1.72 | 0.34 | |||||||||||||||
A Shares | 1,000.00 | 1,021.99 | 2.97 | 0.59 |
219
(Unaudited)
Beginning | Ending | Expenses Paid | Expense Ratio | |||||||||||||||||
Account Value | Account Value | During Period* | During Period** | |||||||||||||||||
Fund | Class | 10/01/10($) | 03/31/11($) | 10/01/10-03/31/11($) | 10/01/10-03/31/11(%) | |||||||||||||||
R Shares | 1,000.00 | 1,020.54 | 4.43 | 0.88 | ||||||||||||||||
Ultra-Short Bond Fund | I Shares | 1,000.00 | 1,023.44 | 1.51 | 0.30 | |||||||||||||||
U.S. Government Securities Fund | I Shares | 1,000.00 | 1,021.79 | 3.18 | 0.63 | |||||||||||||||
A Shares | 1,000.00 | 1,020.24 | 4.73 | 0.94 | ||||||||||||||||
C Shares | 1,000.00 | 1,016.80 | 8.20 | 1.63 | ||||||||||||||||
U.S. Government Securities Ultra-Short Bond Fund | I Shares | 1,000.00 | 1,023.29 | 1.66 | 0.33 | |||||||||||||||
Virginia Intermediate Municipal Bond Fund | I Shares | 1,000.00 | 1,021.84 | 3.13 | 0.62 | |||||||||||||||
A Shares | 1,000.00 | 1,021.09 | 3.88 | 0.77 |
* | Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year(182) divided by the number of days in the fiscal year(365). |
** | Annualized. |
*** | Information shown reflects values for the period from December 16, 2010 (commencement of operations) to March 31, 2011 and has been calculated using expense ratios and rates of return for the same period. |
220
3333 Piedmont Road, NE, Suite 1500
Atlanta, Georgia 30305
www.ridgeworth.com
Mountainview Road, Suite C-200
Upper Saddle River, New Jersey 07458
www.seixadvisors.com
3333 Piedmont Road, NE, Suite 1500
Atlanta, Georgia 30305
www.stableriver.com
Item 2. | Code of Ethics. |
(a) | RidgeWorth Funds (the “Registrant”) has adopted a Code of Ethics that applies to the Registrant’s principal executive officer and principal financial officer. | |
(b) | No disclosures are required by this Item 2(b). | |
(c) | The Registrant’s Code of Ethics was amended on July 20, 2010, solely to remove RidgeWorth Variable Trust, a separate investment company that ceased operations. | |
(d) | There have been no waivers granted by the Registrant to individuals covered by the Registrant’s Code of Ethics during the reporting period for this Form N-CSR. | |
(e) | Not applicable. | |
(f) | A copy of the Registrant’s Code of Ethics is attached as an exhibit to this Form N-CSR. |
Item 3. | Audit Committee Financial Expert. |
(a) | (1) | The Board of Trustees of the Registrant has determined that the Registrant has at least one member serving on the Registrant’s Audit Committee that possesses the attributes identified in Instruction 2(b) of Item 3 to Form N-CSR to qualify as “audit committee financial expert.” |
(2) | The name of the audit committee financial expert is Connie McDaniel. Ms. McDaniel has been deemed to be “independent” as that term is defined in Item 3(a)(2) of Form N-CSR. |
Item 4. | Principal Accountant Fees and Services. |
Current Year | Previous Year | |||||||
Audit Fees | $ | 600,528 | $ | 746,758 |
Current Year | Previous Year | |||||||
Audit-Related Fees | $ | 50,850 | (1) | $ | 109,670 | (2) |
(1) | Services related to conversion to service provider performed by the principal accountant. | |
(2) | Services related to security count examinations under Rule 17f-2 of the Investment Company Act of 1940, as amended. |
Current Year | Previous Year | |||||||
Tax Fees | $ | 0 | $ | 0 |
Current Year | Previous Year | |||||||
All Other Fees | $ | 0 | $ | 0 |
Current Year | Previous Year | |||
$1,526,528 (1) | $ | 2,402,315 | (1) |
(1) | Non-audit services relate principally to services to SunTrust Banks, Inc. and affiliates related to general corporate and state and local tax assistance and accounting matters and various strategic reporting consulting projects. |
Item 5. | Audit Committee of Listed Registrants. |
Item 6. | Schedule of Investments. |
(a) | Schedule of Investments is included as a part of the report to shareholders filed under Item 1 of this Form N-CSR. |
(b) | Not applicable. |
Item 7. | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. |
Item 8. | Portfolio Managers of Closed-End Investment Companies. |
Item 9. | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers. |
Item 10. | Submission of Matters to a Vote of Security Holders. |
Item 11. | Controls and Procedures. |
Item 12. | Exhibits. |
(a) | (1) | Code of Ethics is attached hereto. |
(2) | The certifications required by Rule 30a-2(a) of the 1940 Act are attached hereto. | |
(3) | Not applicable. |
RIDGEWORTH FUNDS | ||||
By: | /s/ Julia Short | |||
President | ||||
Date: | June 6, 2011 |
By: | /s/ Julia Short | |||
President | ||||
Date: | June 6, 2011 | |||
By: | /s/ Cynthia L. Morse-Griffin | |||
Treasurer | ||||
Date: | June 6, 2011 |